Goodwill by reportable business segment is included in the table below. Refer to Note 23 – Business Segments for additional information on OFG’s reportable business segments.


	Banking		Wealth Management		Treasury		Total
	(In thousands)
June 30, 2026	$	84,063	$	178	$	—	$	84,241
December 31, 2025	$	84,063	$	178	$	—	$	84,241

There were no changes in the carrying amount of goodwill during the quarters and six-month periods ended June 30, 2026 and 2025. There were no accumulated impairment losses at June 30, 2026, and December 31, 2025.

Relevant events and circumstances for evaluating whether it is more likely than not that the fair value of a reporting segment is less than its carrying amount may include macroeconomic conditions (such as deterioration of the Puerto Rico economy or the liquidity for Puerto Rico securities or loans secured by assets in Puerto Rico), adverse changes in legal factors or in the business climate, adverse actions by a regulator, unanticipated competition, the loss of key employees, natural disasters, or similar events.

OFG performed its annual impairment review of goodwill during the fourth quarter of 2025 using October 31, 2025, as the annual evaluation date and concluded that there was no impairment on December 31, 2025. During the six-month period ended June 30, 2026, OFG performed an assessment of events or circumstances that could trigger reductions in the book value of goodwill. Based on this assessment, no impairments were identified at June 30, 2026.

The following table reflects the components of other intangible assets subject to amortization at June 30, 2026, and December 31, 2025:


	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
	(In thousands)
June 30, 2026
Core deposit intangibles	$	41,507	$	35,469	$	6,038
Customer relationship intangibles	12,693		10,847		1,846

Total other intangible assets	$	54,200	$	46,316	$	7,884
December 31, 2025
Core deposit intangibles	$	41,507	$	33,960	$	7,547
Customer relationship intangibles	12,693		10,386		2,307

Total other intangible assets	$	54,200	$	44,346	$	9,854

In connection with previous acquisitions, OFG recorded core deposit intangibles representing the value of checking and savings deposits acquired. In addition, OFG recorded customer relationship intangibles representing the value of customer relationships acquired with its acquisitions of insurance agencies. During the six-month period ended June 30, 2026, OFG performed an assessment of events or circumstances that could trigger reductions in the book value of other intangible assets. Based on this assessment, no impairments were identified at June 30, 2026.

Other intangible assets have a definite useful life. Amortization of other intangible assets for the quarters ended June 30, 2026 and 2025, was $985 thousand and $1.2 million, respectively. Amortization of other intangibles assets for the six-month periods ended June 30, 2026 and 2025, was $2.0 million and $2.5 million, respectively.

The following table presents the estimated remaining amortization of other intangible assets as of June 30, 2026: