The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net interest income | 608,467 |
| (provision for) recapture of credit losses | 107,513 |
| Non-interest income, net | 122,976 |
| Compensation and employee benefits | 162,426 |
| Electronic banking charges | 47,077 |
| Information technology expenses | 26,806 |
| Professional and service fees | 23,705 |
| Loan servicing and clearing expenses | 9,145 |
| Occupancy, equipment and infrastructure costs | 39,323 |
| Depreciation and amortization of premises and equipment | 20,458 |
| Amortization of other intangibles assets | 1,154 |
| Intersegment expenses | 0 |
| Other | 59,719 |
| Total non-interest expense | 389,813 |
| Income before income taxes | 234,117 |
| Income tax expense | 29,014 |
| Net income | 205,103 |
| Amortization of premiums, net of accretion of fair value discounts, on loans and amortization of deferred loan origination costs, net of fees | -809 |
| Accretion of investment securities discounts, net of amortization of premiums | 1,287 |
| Amortization of other intangible assets | 4,928 |
| Net change in operating leases | -295 |
| Depreciation and amortization of premises and equipment | 20,458 |
| Deferred income tax (benefit) expense, net | -153,673 |
| Provision for credit losses | 107,513 |
| Stock-based compensation | 6,235 |
| Sale of securities | 0 |
| Sale of loans | 4,037 |
| Foreclosed real estate and other repossessed assets | 2,187 |
| Sale of other assets | 1,077 |
| Disposals of other assets | -6,108 |
| Originations and purchases of loans held-for-sale | 131,805 |
| Proceeds from sale of loans held-for-sale | 49,979 |
| Accrued interest receivable | -612 |
| Servicing assets | -4,102 |
| Other assets | -55,873 |
| Accrued interest on deposits and borrowings | 3,446 |
| Accrued expenses and other liabilities | 46,914 |
| Net cash provided by operating activities | 217,719 |
| Investment securities available-for-sale | 526,690 |
| Investment securities held-to-maturity | 0 |
| Mortgage servicing rights | 0 |
| Fhlb stock | 30,367 |
| Equity securities | 4,701 |
| Investment securities available-for-sale | 526,073 |
| Investment securities held-to-maturity | 22,153 |
| Fhlb stock | 27,226 |
| Investment securities available-for-sale | 0 |
| Foreclosed real estate and other repossessed assets, including write-offs | 53,894 |
| Loans held-for-investment | 13,755 |
| Premises and equipment | 1,423 |
| Origination and purchase of loans, excluding loans held-for-sale | 3,463,149 |
| Principal repayment of loans | 2,960,387 |
| Additions to premises and equipment | 18,382 |
| Net cash used in investing activities | -438,378 |
| Deposits | 661,846 |
| Securities sold under agreements to repurchase | 25,000 |
| Fhlb advances and other borrowings | 130,009 |
| Employee awards repurchased, net of exercise of stock options and restricted units lapsed | -3,528 |
| Purchase of treasury stock | 91,596 |
| Dividends paid on common stock | 51,874 |
| Net cash provided by (used in) financing activities | 669,857 |
| Net change in cash and cash equivalents | 449,198 |
| Cash and cash equivalents at beginning of year | 591,137 |
| Cash and cash equivalents at end of year | 1,040,335 |
OFG BANCORP (OFG)
OFG BANCORP (OFG)