| Schedule of Compliance with Regulatory Capital Requirements Under Banking Regulations |
OFG’s and the Bank’s actual capital amounts and ratios as of June 30, 2026, and December 31, 2025, were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Actual | | Minimum Capital
Requirement (including
capital conservation buffer) | | Minimum to be Well
Capitalized | | Amount | | Ratio | | Amount | | Ratio | | Amount | | Ratio | | (Dollars in thousands) | | OFG Bancorp Ratios | | | | | | | | | | | | | As of June 30, 2026 | | | | | | | | | | | | | Total capital to risk-weighted assets | $ | 1,481,504 | | | 15.33 | % | | $ | 1,015,019 | | | 10.50 | % | | $ | 966,685 | | | 10.00 | % | | Tier 1 capital to risk-weighted assets | $ | 1,359,866 | | | 14.07 | % | | $ | 821,682 | | | 8.50 | % | | $ | 773,348 | | | 8.00 | % | | Common equity tier 1 capital to risk-weighted assets | $ | 1,359,866 | | | 14.07 | % | | $ | 676,680 | | | 7.00 | % | | $ | 628,345 | | | 6.50 | % | | Tier 1 capital to average total assets | $ | 1,359,866 | | | 11.23 | % | | $ | 484,365 | | | 4.00 | % | | $ | 605,456 | | | 5.00 | % | | As of December 31, 2025 | | | | | | | | | | | | | Total capital to risk-weighted assets | $ | 1,437,596 | | | 15.24 | % | | $ | 990,781 | | | 10.50 | % | | $ | 943,601 | | | 10.00 | % | | Tier 1 capital to risk-weighted assets | $ | 1,318,633 | | | 13.97 | % | | $ | 802,061 | | | 8.50 | % | | $ | 754,881 | | | 8.00 | % | | Common equity tier 1 capital to risk-weighted assets | $ | 1,318,633 | | | 13.97 | % | | $ | 660,521 | | | 7.00 | % | | $ | 613,341 | | | 6.50 | % | | Tier 1 capital to average total assets | $ | 1,318,633 | | | 10.71 | % | | $ | 492,568 | | | 4.00 | % | | $ | 615,711 | | | 5.00 | % |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Actual | | Minimum Capital
Requirement (including
capital conservation buffer) | | Minimum to be Well
Capitalized | | Amount | | Ratio | | Amount | | Ratio | | Amount | | Ratio | | (Dollars in thousands) | | Bank Ratios | | | | | | | | | | | | | As of June 30, 2026 | | | | | | | | | | | | | Total capital to risk-weighted assets | $ | 1,390,795 | | | 14.48 | % | | $ | 1,008,604 | | | 10.50 | % | | $ | 960,575 | | | 10.00 | % | | Tier 1 capital to risk-weighted assets | $ | 1,269,911 | | | 13.22 | % | | $ | 816,489 | | | 8.50 | % | | $ | 768,460 | | | 8.00 | % | | Common equity tier 1 capital to risk-weighted assets | $ | 1,269,911 | | | 13.22 | % | | $ | 672,403 | | | 7.00 | % | | $ | 624,374 | | | 6.50 | % | | Tier 1 capital to average total assets | $ | 1,269,911 | | | 10.57 | % | | $ | 480,373 | | | 4.00 | % | | $ | 600,466 | | | 5.00 | % | | As of December 31, 2025 | | | | | | | | | | | | | Total capital to risk-weighted assets | $ | 1,378,822 | | | 14.70 | % | | $ | 985,075 | | | 10.50 | % | | $ | 938,167 | | | 10.00 | % | | Tier 1 capital to risk-weighted assets | $ | 1,260,530 | | | 13.44 | % | | $ | 797,442 | | | 8.50 | % | | $ | 750,533 | | | 8.00 | % | | Common equity tier 1 capital to risk-weighted assets | $ | 1,260,530 | | | 13.44 | % | | $ | 656,717 | | | 7.00 | % | | $ | 609,808 | | | 6.50 | % | | Tier 1 capital to average total assets | $ | 1,260,530 | | | 10.31 | % | | $ | 489,159 | | | 4.00 | % | | $ | 611,449 | | | 5.00 | % |
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