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v3.24.3

LOANS (Tables) | 9 Months Ended
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Sep. 30, 2024
Receivables [Abstract] |
Schedule of Loan Portfolio | The composition of the amortized cost basis of OFG’s loan portfolio at September 30, 2024 and December 31, 2023 was as follows:
| September 30, 2024 |  | December 31, 2023
| Non-PCD |  | PCD |  | Total |  | Non-PCD |  | PCD |  | Total
| (In thousands)
Commercial PR: |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate | $ | 1,181,022 |  |  | $ | 107,047 |  |  | $ | 1,288,069 |  |  | $ | 1,095,207 |  |  | $ | 120,988 |  |  | $ | 1,216,195 |
Other commercial and industrial | 1,137,942 |  |  | 11,982 |  |  | 1,149,924 |  |  | 1,091,021 |  |  | 14,459 |  |  | 1,105,480 |
| 2,318,964 |  |  | 119,029 |  |  | 2,437,993 |  |  | 2,186,228 |  |  | 135,447 |  |  | 2,321,675 |
Commercial US | 680,388 |  |  | — |  |  | 680,388 |  |  | 755,228 |  |  | — |  |  | 755,228 |
Total commercial loans | 2,999,352 |  |  | 119,029 |  |  | 3,118,381 |  |  | 2,941,456 |  |  | 135,447 |  |  | 3,076,903 |
Mortgage loans | 619,121 |  |  | 864,491 |  |  | 1,483,612 |  |  | 629,247 |  |  | 933,362 |  |  | 1,562,609 |
Consumer loans: |  |  |  |  |  |  |  |  |  |  |
Personal loans | 615,566 |  |  | 251 |  |  | 615,817 |  |  | 568,358 |  |  | 264 |  |  | 568,622 |
Credit lines | 10,477 |  |  | 309 |  |  | 10,786 |  |  | 10,926 |  |  | 288 |  |  | 11,214 |
Credit cards | 37,298 |  |  | — |  |  | 37,298 |  |  | 40,314 |  |  | — |  |  | 40,314 |
Overdraft | 407 |  |  | — |  |  | 407 |  |  | 296 |  |  | — |  |  | 296 |
| 663,748 |  |  | 560 |  |  | 664,308 |  |  | 619,894 |  |  | 552 |  |  | 620,446 |
Auto loans | 2,483,611 |  |  | 664 |  |  | 2,484,275 |  |  | 2,272,530 |  |  | 1,891 |  |  | 2,274,421 |
| 6,765,832 |  |  | 984,744 |  |  | 7,750,576 |  |  | 6,463,127 |  |  | 1,071,252 |  |  | 7,534,379 |
Allowance for credit losses | (155,133) |  |  | (6,367) |  |  | (161,500) |  |  | (152,610) |  |  | (8,496) |  |  | (161,106) |
Total loans held for investment, net | 6,610,699 |  |  | 978,377 |  |  | 7,589,076 |  |  | 6,310,517 |  |  | 1,062,756 |  |  | 7,373,273 |
Mortgage loans held-for-sale | 10,908 |  |  | — |  |  | 10,908 |  |  | — |  |  | — |  |  | — |
Other loans held-for-sale | 4,716 |  |  | — |  |  | 4,716 |  |  | 28,345 |  |  | — |  |  | 28,345 |
Total loans held-for-sale | 15,624 |  |  | — |  |  | 15,624 |  |  | 28,345 |  |  | — |  |  | 28,345 |
Total loans, net | $ | 6,626,323 |  |  | $ | 978,377 |  |  | $ | 7,604,700 |  |  | $ | 6,338,862 |  |  | $ | 1,062,756 |  |  | $ | 7,401,618 |
Schedule of Aging of Recorded Investment in Gross Loans |
| September 30, 2024
| 30-59 Days Past Due |  | 60-89 Days Past Due |  | 90+ Days Past Due |  | Total Past Due |  | Current |  | Total Loans |  | Loans 90+ Days Past Due and Still Accruing
| (In thousands)
Commercial PR: |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate | $ | 1,457 |  |  | $ | — |  |  | $ | 10,605 |  |  | $ | 12,062 |  |  | $ | 1,168,960 |  |  | $ | 1,181,022 |  |  | $ | — |
Other commercial and industrial | 817 |  |  | 152 |  |  | 4,429 |  |  | 5,398 |  |  | 1,132,544 |  |  | 1,137,942 |  |  | — |
| 2,274 |  |  | 152 |  |  | 15,034 |  |  | 17,460 |  |  | 2,301,504 |  |  | 2,318,964 |  |  | — |
Commercial US | — |  |  | — |  |  | — |  |  | — |  |  | 680,388 |  |  | 680,388 |  |  | — |
Total commercial loans | 2,274 |  |  | 152 |  |  | 15,034 |  |  | 17,460 |  |  | 2,981,892 |  |  | 2,999,352 |  |  | — |
Mortgage loans | 4,277 |  |  | 6,545 |  |  | 53,933 |  |  | 64,755 |  |  | 554,366 |  |  | 619,121 |  |  | 1,799 |
Consumer loans: |  |  |  |  |  |  |  |  |  |  |  |  |
Personal loans | 8,402 |  |  | 4,061 |  |  | 2,939 |  |  | 15,402 |  |  | 600,164 |  |  | 615,566 |  |  | — |
Credit lines | 70 |  |  | 82 |  |  | 73 |  |  | 225 |  |  | 10,252 |  |  | 10,477 |  |  | — |
Credit cards | 582 |  |  | 246 |  |  | 597 |  |  | 1,425 |  |  | 35,873 |  |  | 37,298 |  |  | — |
Overdraft | 42 |  |  | — |  |  | — |  |  | 42 |  |  | 365 |  |  | 407 |  |  | — |
| 9,096 |  |  | 4,389 |  |  | 3,609 |  |  | 17,094 |  |  | 646,654 |  |  | 663,748 |  |  | — |
Auto loans | 118,272 |  |  | 42,753 |  |  | 16,978 |  |  | 178,003 |  |  | 2,305,608 |  |  | 2,483,611 |  |  | — |
Total loans | $ | 133,919 |  |  | $ | 53,839 |  |  | $ | 89,554 |  |  | $ | 277,312 |  |  | $ | 6,488,520 |  |  | $ | 6,765,832 |  |  | $ | 1,799 |
| December 31, 2023
| 30-59 Day Past Due |  | 60-89 Days Past Due |  | 90+ Days Past Due |  | Total Past Due |  | Current |  | Total Loans |  | Loans 90+ Days Past Due and Still Accruing
| (In thousands)
Commercial PR: |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate | $ | 1,585 |  |  | $ | 411 |  |  | $ | 5,671 |  |  | $ | 7,667 |  |  | $ | 1,087,540 |  |  | $ | 1,095,207 |  |  | $ | — |
Other commercial and industrial | 1,366 |  |  | 291 |  |  | 4,974 |  |  | 6,631 |  |  | 1,084,390 |  |  | 1,091,021 |  |  | — |
| 2,951 |  |  | 702 |  |  | 10,645 |  |  | 14,298 |  |  | 2,171,930 |  |  | 2,186,228 |  |  | — |
Commercial US | — |  |  | — |  |  | — |  |  | — |  |  | 755,228 |  |  | 755,228 |  |  | — |
Total commercial loans | 2,951 |  |  | 702 |  |  | 10,645 |  |  | 14,298 |  |  | 2,927,158 |  |  | 2,941,456 |  |  | — |
Mortgage loans | 6,107 |  |  | 9,596 |  |  | 31,557 |  |  | 47,260 |  |  | 581,987 |  |  | 629,247 |  |  | 2,478 |
Consumer loans: |  |  |  |  |  |  |  |  |  |  |  |  |
Personal loans | 6,115 |  |  | 4,041 |  |  | 2,755 |  |  | 12,911 |  |  | 555,447 |  |  | 568,358 |  |  | — |
Credit lines | 137 |  |  | 35 |  |  | 35 |  |  | 207 |  |  | 10,719 |  |  | 10,926 |  |  | — |
Credit cards | 657 |  |  | 280 |  |  | 586 |  |  | 1,523 |  |  | 38,791 |  |  | 40,314 |  |  | — |
Overdraft | 87 |  |  | 14 |  |  | — |  |  | 101 |  |  | 195 |  |  | 296 |  |  | — |
| 6,996 |  |  | 4,370 |  |  | 3,376 |  |  | 14,742 |  |  | 605,152 |  |  | 619,894 |  |  | — |
Auto loans | 101,610 |  |  | 46,071 |  |  | 19,056 |  |  | 166,737 |  |  | 2,105,793 |  |  | 2,272,530 |  |  | — |
Total loans | $ | 117,664 |  |  | $ | 60,739 |  |  | $ | 64,634 |  |  | $ | 243,037 |  |  | $ | 6,220,090 |  |  | $ | 6,463,127 |  |  | $ | 2,478 |
Schedule of Investment in Loans on Non-Accrual Status | The following table presents the amortized cost basis of loans held for investment on non-accrual status as of September 30, 2024 and December 31, 2023:
| September 30, 2024 |  | December 31, 2023 |  |
| Non-accrual with Allowance for Credit Loss |  | Non-accrual with no Allowance for Credit Loss |  | Total |  | Non-accrual with Allowance for Credit Loss |  | Non-accrual with no Allowance for Credit Loss |  | Total |  |
| (In thousands) |  | (In thousands) |  |
Non-PCD: |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial PR: |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate | $ | 5,388 |  |  | $ | 7,326 |  |  | $ | 12,714 |  |  | $ | 3,553 |  |  | $ | 7,929 |  |  | $ | 11,482 |  |  |
Other commercial and industrial | 2,741 |  |  | 2,065 |  |  | 4,806 |  |  | 4,560 |  |  | 830 |  |  | 5,390 |  |  |
| 8,129 |  |  | 9,391 |  |  | 17,520 |  |  | 8,113 |  |  | 8,759 |  |  | 16,872 |  |  |
Commercial US | 18,579 |  |  | — |  |  | 18,579 |  |  | 19,224 |  |  | — |  |  | 19,224 |  |  |
Total Commercial loans | 26,708 |  |  | 9,391 |  |  | 36,099 |  |  | 27,337 |  |  | 8,759 |  |  | 36,096 |  |  |
Mortgage loans | 10,041 |  |  | 3,826 |  |  | 13,867 |  |  | 10,339 |  |  | 3,858 |  |  | 14,197 |  |  |
Consumer loans: |  |  |  |  |  |  |  |  |  |  |  |  |
Personal loans | 2,958 |  |  | — |  |  | 2,958 |  |  | 2,741 |  |  | 14 |  |  | 2,755 |  |  |
Credit lines | 73 |  |  | — |  |  | 73 |  |  | 35 |  |  | — |  |  | 35 |  |  |
Credit cards | 596 |  |  | — |  |  | 596 |  |  | 586 |  |  | — |  |  | 586 |  |  |
| 3,627 |  |  | — |  |  | 3,627 |  |  | 3,362 |  |  | 14 |  |  | 3,376 |  |  |
Auto loans | 16,972 |  |  | 6 |  |  | 16,978 |  |  | 19,051 |  |  | 5 |  |  | 19,056 |  |  |
Total | $ | 57,348 |  |  | $ | 13,223 |  |  | $ | 70,571 |  |  | $ | 60,089 |  |  | $ | 12,636 |  |  | $ | 72,725 |  |  |
PCD: |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial PR: |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate | $ | — |  |  | $ | 3,328 |  |  | $ | 3,328 |  |  | $ | 3,060 |  |  | $ | 2,417 |  |  | $ | 5,477 |  |  |
Other commercial and industrial | — |  |  | 592 |  |  | 592 |  |  | — |  |  | 947 |  |  | 947 |  |  |
| — |  |  | 3,920 |  |  | 3,920 |  |  | 3,060 |  |  | 3,364 |  |  | 6,424 |  |  |
Mortgage loans | 241 |  |  | — |  |  | 241 |  |  | 250 |  |  | — |  |  | 250 |  |  |
Total | $ | 241 |  |  | $ | 3,920 |  |  | $ | 4,161 |  |  | $ | 3,310 |  |  | $ | 3,364 |  |  | $ | 6,674 |  |  |
Total non-accrual loans | $ | 57,589 |  |  | $ | 17,143 |  |  | $ | 74,732 |  |  | $ | 63,399 |  |  | $ | 16,000 |  |  | $ | 79,399 |  |  |
Schedule of Troubled Debt Restructurings | The following tables present the amortized cost basis as of September 30, 2024 and 2023 of loans held for investment that were modified during the quarters and nine-month periods ended September 30, 2024 and 2023, disaggregated by class of financing receivable and type of concession granted.
| Quarter Ended September 30, 2024
| Interest Rate Reduction |  | Term Extension |  | Principal Forbearance / Forgiveness |  | Combination of Term Extension and Interest Rate Reduction |  | Combination of Term Extension and Principal Forgiveness / Forbearance
| Amortized Cost Basis | % of Total Class of Financing Receivable |  | Amortized Cost Basis | % of Total Class of Financing Receivable |  | Amortized Cost Basis | % of Total Class of Financing Receivable |  | Amortized Cost Basis | % of Total Class of Financing Receivable |  | Amortized Cost Basis | % of Total Class of Financing Receivable
| (Dollars in thousands)
Commercial US | $ | 9,824 |  | 1.44 | % |  | $ | — |  | — | % |  | $ | — |  | — | % |  | $ | — |  | — | % |  | $ | — |  | — | %
Mortgage loans | — |  | — | % |  | 415 |  | 0.03 | % |  | — |  | — | % |  | — |  | — | % |  | 123 |  | 0.01 | %
Total | $ | 9,824 |  |  |  | $ | 415 |  |  |  | $ | — |  |  |  | $ | — |  |  |  | $ | 123 |  |
| Nine-Month Period Ended September 30, 2024
| Interest Rate Reduction |  | Term Extension |  | Principal Forbearance / Forgiveness |  | Combination of Term Extension and Interest Rate Reduction |  | Combination of Term Extension and Principal Forgiveness / Forbearance
| Amortized Cost Basis | % of Total Class of Financing Receivable |  | Amortized Cost Basis | % of Total Class of Financing Receivable |  | Amortized Cost Basis | % of Total Class of Financing Receivable |  | Amortized Cost Basis | % of Total Class of Financing Receivable |  | Amortized Cost Basis | % of Total Class of Financing Receivable
| (Dollars in thousands)
Commercial US | $ | 9,824 |  | 1.44 | % |  | $ | — |  | — | % |  | $ | — |  | — | % |  | $ | — |  | — | % |  | $ | — |  | — | %
Mortgage loans | — |  | — | % |  | 1,084 |  | 0.07 | % |  | — |  | — | % |  | 89 |  | 0.01 | % |  | 123 |  | 0.01 | %
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Personal loans | 26 |  | — | % |  | 7 |  | — | % |  | — |  | — | % |  | — |  | — | % |  | — |  | — | %
Auto loans | 31 |  | — | % |  | — |  | — | % |  | — |  | — | % |  | — |  | — | % |  | — |  | — | %
Total | $ | 9,881 |  |  |  | $ | 1,091 |  |  |  | $ | — |  |  |  | $ | 89 |  |  |  | $ | 123 |  |
| Quarter Ended September 30, 2023
| Interest Rate Reduction |  | Term Extension |  | Principal Forbearance / Forgiveness |  | Combination of Term Extension and Interest Rate Reduction |  | Combination of Term Extension and Principal Forgiveness / Forbearance
| Amortized Cost Basis | % of Total Class of Financing Receivable |  | Amortized Cost Basis | % of Total Class of Financing Receivable |  | Amortized Cost Basis | % of Total Class of Financing Receivable |  | Amortized Cost Basis | % of Total Class of Financing Receivable |  | Amortized Cost Basis | % of Total Class of Financing Receivable
| (Dollars in thousands)
Commercial PR: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate | $ | — |  | — | % |  | $ | 629 |  | 0.06 | % |  | $ | — |  | — | % |  | $ | — |  | — | % |  | $ | — |  | — | %
Other commercial and industrial | — |  | — | % |  | 36 |  | — | % |  | — |  | — | % |  | — |  | — | % |  | — |  | — | %
| — |  | — | % |  | 665 |  | 0.02 | % |  | — |  | — | % |  | — |  | — | % |  | — |  | — | %
Commercial US | 6,824 |  | 0.96 | % |  | — |  | — | % |  | — |  | — | % |  | — |  | — | % |  | — |  | — | %
Total Commercial loans | 6,824 |  | 0.96 | % |  | 665 |  | 0.02 | % |  | — |  | — | % |  | — |  | — | % |  | — |  | — | %
Mortgage loans | — |  | — | % |  | 771 |  | 0.05 | % |  | — |  | — | % |  | 117 |  | 0.01 | % |  | — |  | — | %
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Personal loans | 40 |  | 0.01 | % |  | — |  | — | % |  | — |  | — | % |  | — |  | — | % |  | — |  | — | %
Auto loans | 30 |  | — | % |  | — |  | — | % |  | — |  | — | % |  | — |  | — | % |  | — |  | — | %
Total | $ | 6,894 |  |  |  | $ | 1,436 |  |  |  | $ | — |  |  |  | $ | 117 |  |  |  | $ | — |  |
| Nine-Month Period Ended September 30, 2023
| Interest Rate Reduction |  | Term Extension |  | Principal Forbearance / Forgiveness |  | Combination of Term Extension and Interest Rate Reduction |  | Combination of Term Extension and Principal Forgiveness / Forbearance
| Amortized Cost Basis | % of Total Class of Financing Receivable |  | Amortized Cost Basis | % of Total Class of Financing Receivable |  | Amortized Cost Basis | % of Total Class of Financing Receivable |  | Amortized Cost Basis | % of Total Class of Financing Receivable |  | Amortized Cost Basis | % of Total Class of Financing Receivable
| (Dollars in thousands)
Commercial PR: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate | $ | — |  | — | % |  | $ | 6,328 |  | 0.56 | % |  | $ | — |  | — | % |  | $ | — |  | — | % |  | $ | — |  | — | %
Other commercial and industrial | — |  | — | % |  | 80 |  | 0.01 | % |  | — |  | — | % |  | — |  | — | % |  | — |  | — | %
| — |  | — | % |  | 6,408 |  | 0.23 | % |  | — |  | — | % |  | — |  | — | % |  | — |  | — | %
Commercial US | 6,824 |  | 0.96 | % |  | — |  | — | % |  | — |  | — | % |  | — |  | — | % |  | 4,286 |  | 0.61 | %
Total Commercial loans | 6,824 |  | — | % |  | 6,408 |  | 0.23 | % |  | — |  | — | % |  | — |  | — | % |  | 4,286 |  | 0.61 | %
Mortgage loans | — |  | — | % |  | 5,040 |  | 0.31 | % |  | 98 |  | 0.01 | % |  | 723 |  | 0.05 | % |  | 447 |  | 0.03 | %
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Personal loans | 40 |  | 0.01 | % |  | — |  | — | % |  | — |  | — | % |  | 82 |  | 0.01 | % |  | — |  | — | %
Auto loans | 30 |  | — | % |  | — |  | — | % |  | — |  | — | % |  | — |  | — | % |  | — |  | — | %
Total | $ | 6,894 |  |  |  | $ | 11,448 |  |  |  | $ | 98 |  |  |  | $ | 805 |  |  |  | $ | 4,733 |  |
The following tables present the financial effect of the modifications granted to borrowers experiencing financial difficulty during the quarters and nine-month periods ended September 30, 2024 and 2023. The financial effect of the combined modifications is presented separately by type of modification.
| Quarter Ended September 30, 2024
| Weighted-Average Interest Rate Reduction |  | Weighted-Average Term Extension (In months) |  | Weighted-Average Forgiveness/Forbearance of Principal Amount (In thousands)
Commercial US | 0.73 | % |  | 0 |  | $ | — |
Mortgage loans | — | % |  | 193 |  | 10,993 |
| Nine-Month Period Ended September 30, 2024
| Weighted-Average Interest Rate Reduction |  | Weighted-Average Term Extension (In months) |  | Weighted-Average Forgiveness/Forbearance of Principal Amount (In thousands) |  |
Commercial US | 0.73 | % |  | 0 |  | $ | — |  |  |
Mortgage loans | 0.38 | % |  | 185 |  | 10,993 |  |  |
Consumer loans: |  |  |  |  |  |  |
Personal loans | 5.00 | % |  | 18 |  | — |  |  |
Auto loans | 3.00 | % |  | 0 |  | — |  |  |
| Quarter Ended September 30, 2023
| Weighted-Average Interest Rate Reduction |  | Weighted-Average Term Extension (In months) |  | Weighted-Average Forgiveness/Forbearance of Principal Amount (In thousands)
Commercial PR: |  |  |  |  |
Commercial loans secured by real estate | — | % |  | 14 |  | $ | — |
Commercial US | 1.95 | % |  | 0 |  | — |
Mortgage loans | 1.25 | % |  | 349 |  | — |
Consumer loans: |  |  |  |  |
Personal loans | 4.00 | % |  | 0 |  | — |
Auto loans | 3.00 | % |  | 0 |  | — |
| Nine-Month Period Ended September 30, 2023
| Weighted-Average Interest Rate Reduction |  | Weighted-Average Term Extension (In months) |  | Weighted-Average Forgiveness/Forbearance of Principal Amount (In thousands)
Commercial PR: |  |  |  |  |
Commercial loans secured by real estate | — | % |  | 23 |  | $ | — |
Commercial US | 1.95 | % |  | 31 |  | 2,973 |
Mortgage loans | 1.94 | % |  | 227 |  | 24 |
Consumer loans: |  |  |  |  |
Personal loans | 2.98 | % |  | 81 |  | — |
Auto loans | 3.00 | % |  | 0 |  | — |
Schedule of Amortized Cost Basis of Modified Financing Receivables that Subsequently Defaulted | The following table presents the amortized cost basis as of September 30, 2024 of loans held for investment that had a payment default subsequent to being granted a modification to borrowers experiencing financial difficulty in the prior twelve-months.
| Twelve-Months Ended September 30, 2024
| Amortized Cost Basis of Modified Financing Receivables that Subsequently Defaulted |  |
| Interest Rate Reduction |  | Term Extension |  | Principal Forgiveness/Forbearance |  | Combination - Term Extension and Interest Rate Reduction |  | Total |  |
| (In thousands) |  |
Mortgage loans | $ | — |  |  | $ | 107 |  |  | $ | — |  |  | $ | — |  |  | $ | 107 |  |  |
The following table presents the amortized cost basis as of September 30, 2023 of loans held for investment that had a payment default subsequent to being granted a modification to borrowers experiencing financial difficulty in the nine-month period ended September 30, 2023.
| Nine-Months Ended September 30, 2023
| Amortized Cost Basis of Modified Financing Receivables that Subsequently Defaulted |  |
| Interest Rate Reduction |  | Term Extension |  | Principal Forgiveness/Forbearance |  | Combination - Term Extension and Interest Rate Reduction |  | Total |  |
| (In thousands) |  |
Mortgage loans | $ | — |  |  | $ | 415 |  |  | $ | — |  |  | $ | — |  |  | $ | 415 |  |  |
Schedule of Financing Receivable, Modified, Past Due | The following table presents the payment status of loans that have been modified in the twelve-months period ended September 30, 2024 and in the nine-month period ended September 30, 2023 that were granted to borrowers experiencing financial difficulty.
| September 30, 2024
| 30-59 Day Past Due |  | 60-89 Days Past Due |  | 90+ Days Past Due |  | Total Past Due |  | Current |  | Total
| (In thousands)
Commercial loans: |  |  |  |  |  |  |  |  |  |  |
Commercial PR: |  |  |  |  |  |  |  |  |  |  |
Other commercial and industrial | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 598 |  |  | $ | 598 |
Commercial US | — |  |  | — |  |  | — |  |  | — |  |  | 9,824 |  |  | 9,824 |
Total Commercial loans | — |  |  | — |  |  | — |  |  | — |  |  | 10,422 |  |  | 10,422 |
Mortgage loans | — |  |  | 38 |  |  | 107 |  |  | 145 |  |  | 1,937 |  |  | 2,082 |
Consumer loans: |  |  |  |  |  |  |  |  |  |  |
Personal loans | 26 |  |  | — |  |  | — |  |  | 26 |  |  | 7 |  |  | 33 |
Auto loans | — |  |  | — |  |  | — |  |  | — |  |  | 80 |  |  | 80 |
Total | $ | 26 |  |  | $ | 38 |  |  | $ | 107 |  |  | $ | 171 |  |  | $ | 12,446 |  |  | $ | 12,617 |
| September 30, 2023
| 30-59 Day Past Due |  | 60-89 Days Past Due |  | 90+ Days Past Due |  | Total Past Due |  | Current |  | Total
| (In thousands)
Commercial PR: |  |  |  |  |  |  |  |  |  |  |
Commercial loans secured by real estate | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 6,328 |  |  | $ | 6,328 |
Other commercial and industrial | — |  |  | — |  |  | — |  |  | — |  |  | 80 |  |  | 80 |
| — |  |  | — |  |  | — |  |  | — |  |  | 6,408 |  |  | 6,408 |
Commercial US | — |  |  | — |  |  | — |  |  | — |  |  | 11,110 |  |  | 11,110 |
| — |  |  | — |  |  | — |  |  | — |  |  | 17,518 |  |  | 17,518 |
Mortgage loans | 566 |  |  | 133 |  |  | 415 |  |  | 1,114 |  |  | 5,194 |  |  | 6,308 |
Consumer loans: |  |  |  |  |  |  |  |  |  |  |
Personal loans | — |  |  | — |  |  | — |  |  | — |  |  | 122 |  |  | 122 |
Auto loans | — |  |  | — |  |  | — |  |  | — |  |  | 30 |  |  | 30 |
Total | $ | 566 |  |  | $ | 133 |  |  | $ | 415 |  |  | $ | 1,114 |  |  | $ | 22,864 |  |  | $ | 23,978 |
Schedule of the Amortized Cost of Collateral-Dependent Loans Held for Investment | The table below presents the amortized cost of commercial collateral-dependent loans held for investment at September 30, 2024 and December 31, 2023, by class of loans.
| September 30, |  | December 31,
| 2024 |  | 2023
| (In thousands)
Commercial PR: |  |  |
Commercial loans secured by real estate | $ | 8,583 |  |  | $ | 8,027 |
Schedule of Credit Quality Indicators of Loans | As of September 30, 2024, and based on the most recent analysis performed, the risk category of loans held for investment subject to risk rating by class of loans, and current year-to-date period gross charge-offs by year of origination is as follows:
|  | Term Loans Amortized Cost Basis by Origination Year |  | Revolving Loans Amortized Cost Basis |  | Total
|  | 2024 |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | Prior |  |
|  | (In thousands)
Commercial PR: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loan grade: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 138,499 |  |  | $ | 206,787 |  |  | $ | 231,378 |  |  | $ | 191,942 |  |  | $ | 106,952 |  |  | $ | 200,524 |  |  | $ | 49,560 |  |  | $ | 1,125,642 |
Special Mention |  | — |  |  | 13,274 |  |  | 7,253 |  |  | 6,284 |  |  | 914 |  |  | 12,548 |  |  | 93 |  |  | 40,366 |
Substandard |  | — |  |  | 729 |  |  | 562 |  |  | 1,462 |  |  | 1,199 |  |  | 9,459 |  |  | 1,603 |  |  | 15,014 |
Doubtful |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Loss |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total commercial secured by real estate |  | 138,499 |  |  | 220,790 |  |  | 239,193 |  |  | 199,688 |  |  | 109,065 |  |  | 222,531 |  |  | 51,256 |  |  | 1,181,022 |
Commercial secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
YTD gross charge-offs |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 7 |  |  | — |  |  | 7 |
Other commercial and industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loan grade: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | 146,412 |  |  | 276,363 |  |  | 50,926 |  |  | 52,184 |  |  | 25,272 |  |  | 15,075 |  |  | 516,028 |  |  | 1,082,260 |
Special Mention |  | — |  |  | 410 |  |  | 3,429 |  |  | 45,013 |  |  | — |  |  | 64 |  |  | 1,557 |  |  | 50,473 |
Substandard |  | — |  |  | 7 |  |  | 353 |  |  | 894 |  |  | 225 |  |  | 1,051 |  |  | 2,679 |  |  | 5,209 |
Doubtful |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Loss |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total other commercial and industrial: |  | 146,412 |  |  | 276,780 |  |  | 54,708 |  |  | 98,091 |  |  | 25,497 |  |  | 16,190 |  |  | 520,264 |  |  | 1,137,942 |
Other commercial and industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
YTD gross charge-offs |  | 114 |  |  | 142 |  |  | 267 |  |  | 3,310 |  |  | — |  |  | 25 |  |  | — |  |  | 3,858 |
Commercial US: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loan grade: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | 41,137 |  |  | 121,158 |  |  | 32,797 |  |  | 58,473 |  |  | 20,884 |  |  | 23,749 |  |  | 258,111 |  |  | 556,309 |
Special Mention |  | — |  |  | — |  |  | 15,977 |  |  | — |  |  | — |  |  | — |  |  | 61,383 |  |  | 77,360 |
Substandard |  | 16,355 |  |  | 16,121 |  |  | — |  |  | 6,249 |  |  | — |  |  | 5,660 |  |  | — |  |  | 44,385 |
Doubtful |  | 2,334 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 2,334 |
Loss |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total Commercial US: |  | 59,826 |  |  | 137,279 |  |  | 48,774 |  |  | 64,722 |  |  | 20,884 |  |  | 29,409 |  |  | 319,494 |  |  | 680,388 |
Commercial US: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
YTD gross charge-offs |  | — |  |  | — |  |  | 392 |  |  | 1,749 |  |  | — |  |  | 1,183 |  |  | — |  |  | 3,324 |
Total commercial loans |  | $ | 344,737 |  |  | $ | 634,849 |  |  | $ | 342,675 |  |  | $ | 362,501 |  |  | $ | 155,446 |  |  | $ | 268,130 |  |  | $ | 891,014 |  |  | $ | 2,999,352 |
Total YTD gross charge-offs |  | $ | 114 |  |  | $ | 142 |  |  | $ | 659 |  |  | $ | 5,059 |  |  | $ | — |  |  | $ | 1,215 |  |  | $ | — |  |  | $ | 7,189 |
As of December 31, 2023, and based on the most recent analysis performed, the risk category of loans held for investment subject to risk rating by class of loans is as follows:
|  | Term Loans Amortized Cost Basis by Origination Year |  | Revolving Loans Amortized Cost Basis |  | Total
|  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | 2019 |  | Prior |  |
|  | (In thousands)
Commercial PR: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loan grade: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 224,598 |  |  | $ | 216,205 |  |  | $ | 195,884 |  |  | $ | 120,489 |  |  | $ | 80,671 |  |  | $ | 131,016 |  |  | $ | 65,873 |  |  | $ | 1,034,736 |
Special Mention |  | — |  |  | 1,772 |  |  | 6,554 |  |  | 5,057 |  |  | 15,676 |  |  | 12,500 |  |  | 153 |  |  | 41,712 |
Substandard |  | — |  |  | 459 |  |  | 1,386 |  |  | 1,109 |  |  | 2,615 |  |  | 11,939 |  |  | 1,236 |  |  | 18,744 |
Doubtful |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 15 |  |  | — |  |  | 15 |
Loss |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total commercial secured by real estate |  | 224,598 |  |  | 218,436 |  |  | 203,824 |  |  | 126,655 |  |  | 98,962 |  |  | 155,470 |  |  | 67,262 |  |  | 1,095,207 |
Commercial secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
YTD gross charge-offs |  | — |  |  | — |  |  | 265 |  |  | — |  |  | 94 |  |  | 820 |  |  | — |  |  | 1,179 |
Other commercial and industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loan grade: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | 284,615 |  |  | 99,522 |  |  | 113,760 |  |  | 37,665 |  |  | 7,438 |  |  | 14,836 |  |  | 527,008 |  |  | 1,084,844 |
Special Mention |  | 8 |  |  | 2,953 |  |  | — |  |  | — |  |  | 51 |  |  | 100 |  |  | — |  |  | 3,112 |
Substandard |  | 3 |  |  | 473 |  |  | 826 |  |  | 259 |  |  | 935 |  |  | 186 |  |  | 383 |  |  | 3,065 |
Doubtful |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Loss |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total other commercial and industrial: |  | 284,626 |  |  | 102,948 |  |  | 114,586 |  |  | 37,924 |  |  | 8,424 |  |  | 15,122 |  |  | 527,391 |  |  | 1,091,021 |
Other commercial and industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
YTD gross charge-offs |  | — |  |  | 124 |  |  | 1,095 |  |  | 89 |  |  | 9 |  |  | 1,180 |  |  | — |  |  | 2,497 |
Commercial US: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loan grade: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | 142,222 |  |  | 63,885 |  |  | 69,233 |  |  | 31,206 |  |  | 28,202 |  |  | 8,085 |  |  | 358,757 |  |  | 701,590 |
Special Mention |  | — |  |  | 7,803 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 20,913 |  |  | 28,716 |
Substandard |  | 10,832 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 5,699 |  |  | 8,391 |  |  | 24,922 |
Doubtful |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Loss |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total Commercial US: |  | 153,054 |  |  | 71,688 |  |  | 69,233 |  |  | 31,206 |  |  | 28,202 |  |  | 13,784 |  |  | 388,061 |  |  | 755,228 |
Commercial US: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
YTD gross charge-offs |  | 33 |  |  | 1,156 |  |  | 642 |  |  | 47 |  |  | — |  |  | 8,637 |  |  | — |  |  | 10,515 |
Total commercial loans |  | $ | 662,278 |  |  | $ | 393,072 |  |  | $ | 387,643 |  |  | $ | 195,785 |  |  | $ | 135,588 |  |  | $ | 184,376 |  |  | $ | 982,714 |  |  | $ | 2,941,456 |
Total YTD gross charge-offs |  | $ | 33 |  |  | $ | 1,280 |  |  | $ | 2,002 |  |  | $ | 136 |  |  | $ | 103 |  |  | $ | 10,637 |  |  | $ | — |  |  | $ | 14,191 |
The following table presents the amortized cost in mortgage and consumer loans held for investment based on payment activity as of September 30, 2024:
|  | Term Loans Amortized Cost Basis by Origination Year |  | Revolving Loans Amortized Cost Basis |  | Total
|  | 2024 |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | Prior |  |
|  | (In thousands)
Mortgage loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing |  | $ | 17,753 |  |  | $ | 18,784 |  |  | $ | 21,215 |  |  | $ | 27,289 |  |  | $ | 18,507 |  |  | $ | 496,850 |  |  | $ | — |  |  | $ | 600,398 |
Nonperforming |  | 151 |  |  | 641 |  |  | 289 |  |  | 172 |  |  | 189 |  |  | 17,281 |  |  | — |  |  | 18,723 |
Total mortgage loans: |  | 17,904 |  |  | 19,425 |  |  | 21,504 |  |  | 27,461 |  |  | 18,696 |  |  | 514,131 |  |  | — |  |  | 619,121 |
Mortgage loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
YTD gross charge-offs |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 102 |  |  | — |  |  | 102 |
Consumer loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Personal loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing |  | 215,154 |  |  | 198,170 |  |  | 129,656 |  |  | 46,246 |  |  | 13,095 |  |  | 10,287 |  |  | — |  |  | 612,608 |
Nonperforming |  | 230 |  |  | 1,432 |  |  | 867 |  |  | 348 |  |  | 40 |  |  | 41 |  |  | — |  |  | 2,958 |
Total personal loans |  | 215,384 |  |  | 199,602 |  |  | 130,523 |  |  | 46,594 |  |  | 13,135 |  |  | 10,328 |  |  | — |  |  | 615,566 |
Personal loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
YTD gross charge-offs |  | 389 |  |  | 7,482 |  |  | 9,896 |  |  | 2,858 |  |  | 633 |  |  | 980 |  |  | — |  |  | 22,238 |
Credit lines: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 10,404 |  |  | 10,404 |
Nonperforming |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 73 |  |  | 73 |
Total credit lines |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 10,477 |  |  | 10,477 |
Credit lines: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
YTD gross charge-offs |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 114 |  |  | 114 |
Credit cards: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 36,702 |  |  | 36,702 |
Nonperforming |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 596 |  |  | 596 |
Total credit cards |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 37,298 |  |  | 37,298 |
Credit cards: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
YTD gross charge-offs |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 2,004 |  |  | 2,004 |
Overdrafts: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 407 |  |  | 407 |
Nonperforming |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total overdrafts |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 407 |  |  | 407 |
Overdrafts: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
YTD gross charge-offs |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 668 |  |  | 668 |
Total consumer loans |  | 215,384 |  |  | 199,602 |  |  | 130,523 |  |  | 46,594 |  |  | 13,135 |  |  | 10,328 |  |  | 48,182 |  |  | 663,748 |
Total consumer loans YTD gross charge-offs |  | 389 |  |  | 7,482 |  |  | 9,896 |  |  | 2,858 |  |  | 633 |  |  | 980 |  |  | 2,786 |  |  | 25,024 |
Total mortgage and consumer loans |  | $ | 233,288 |  |  | $ | 219,027 |  |  | $ | 152,027 |  |  | $ | 74,055 |  |  | $ | 31,831 |  |  | $ | 524,459 |  |  | $ | 48,182 |  |  | $ | 1,282,869 |
Total mortgage and consumer loans YTD gross charge-offs |  | $ | 389 |  |  | $ | 7,482 |  |  | $ | 9,896 |  |  | $ | 2,858 |  |  | $ | 633 |  |  | $ | 1,082 |  |  | $ | 2,786 |  |  | $ | 25,126 |
The following table presents the amortized cost in mortgage and consumer loans held for investment based on payment activity as of December 31, 2023:
|  | Term Loans Amortized Cost Basis by Origination Year |  | Revolving Loans Amortized Cost Basis |  | Total
|  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | 2019 |  | Prior |  |
|  | (In thousands)
Mortgage loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing |  | $ | 24,623 |  |  | $ | 19,722 |  |  | $ | 23,303 |  |  | $ | 15,821 |  |  | $ | 14,589 |  |  | $ | 511,182 |  |  | $ | — |  |  | $ | 609,240 |
Nonperforming |  | — |  |  | — |  |  | 181 |  |  | 108 |  |  | 479 |  |  | 19,239 |  |  | — |  |  | 20,007 |
Total mortgage loans: |  | 24,623 |  |  | 19,722 |  |  | 23,484 |  |  | 15,929 |  |  | 15,068 |  |  | 530,421 |  |  | — |  |  | 629,247 |
Mortgage loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
YTD gross charge-offs |  | — |  |  | 4 |  |  | — |  |  | — |  |  | — |  |  | 755 |  |  | — |  |  | 759 |
Consumer loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Personal loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing |  | 270,883 |  |  | 186,612 |  |  | 68,133 |  |  | 19,185 |  |  | 14,460 |  |  | 6,330 |  |  | — |  |  | $ | 565,603 |
Nonperforming |  | 503 |  |  | 1,588 |  |  | 304 |  |  | 193 |  |  | 66 |  |  | 101 |  |  | — |  |  | 2,755 |
Total personal loans |  | 271,386 |  |  | 188,200 |  |  | 68,437 |  |  | 19,378 |  |  | 14,526 |  |  | 6,431 |  |  | — |  |  | 568,358 |
Personal loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
YTD gross charge-offs |  | 1,748 |  |  | 10,512 |  |  | 4,661 |  |  | 830 |  |  | 1,384 |  |  | 731 |  |  | — |  |  | 19,866 |
Credit lines: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 10,891 |  |  | $ | 10,891 |
Nonperforming |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 35 |  |  | 35 |
Total credit lines |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 10,926 |  |  | 10,926 |
Credit lines: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
YTD gross charge-offs |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 419 |  |  | 419 |
Credit cards: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 39,728 |  |  | $ | 39,728 |
Nonperforming |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 586 |  |  | 586 |
Total credit cards |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 40,314 |  |  | 40,314 |
Credit cards: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
YTD gross charge-offs |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 2,825 |  |  | 2,825 |
Overdrafts: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payment performance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performing |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 296 |  |  | $ | 296 |
Nonperforming |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total overdrafts |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 296 |  |  | 296 |
Overdrafts: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
YTD gross charge-offs |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 545 |  |  | 545 |
Total consumer loans |  | 271,383 |  |  | 188,200 |  |  | 68,437 |  |  | 19,378 |  |  | 14,526 |  |  | 6,431 |  |  | 51,536 |  |  | 619,894 |
Total consumer loans YTD gross charge-offs |  | 1,748 |  |  | 10,512 |  |  | 4,661 |  |  | 830 |  |  | 1,384 |  |  | 731 |  |  | 3,789 |  |  | 23,655 |
Total mortgage and consumer loans |  | $ | 296,009 |  |  | $ | 207,922 |  |  | $ | 91,921 |  |  | $ | 35,307 |  |  | $ | 29,594 |  |  | $ | 536,852 |  |  | $ | 51,536 |  |  | $ | 1,249,141 |
Total mortgage and consumer loans YTD gross charge-offs |  | $ | 1,748 |  |  | $ | 10,516 |  |  | $ | 4,661 |  |  | $ | 830 |  |  | $ | 1,384 |  |  | $ | 1,486 |  |  | $ | 3,789 |  |  | $ | 24,414 |
The following table presents the amortized cost in auto loans held for investment based on their most recent FICO score as of September 30, 2024:
| Term Loans Amortized Cost Basis by Origination Year |  | Total |  |
| 2024 |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | Prior |  |  |
| (In thousands) |  |
Auto loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
FICO score: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
1-660 | $ | 105,309 |  |  | $ | 190,610 |  |  | $ | 171,226 |  |  | $ | 99,103 |  |  | $ | 44,862 |  |  | $ | 47,230 |  |  | $ | 658,340 |  |  |
661-699 | 129,267 |  |  | 134,525 |  |  | 79,908 |  |  | 41,118 |  |  | 18,395 |  |  | 18,164 |  |  | 421,377 |  |  |
700+ | 402,994 |  |  | 419,461 |  |  | 262,013 |  |  | 144,578 |  |  | 75,105 |  |  | 74,804 |  |  | 1,378,955 |  |  |
No FICO | 4,096 |  |  | 6,938 |  |  | 6,189 |  |  | 3,697 |  |  | 1,576 |  |  | 2,443 |  |  | 24,939 |  |  |
Total auto loans | $ | 641,666 |  |  | $ | 751,534 |  |  | $ | 519,336 |  |  | $ | 288,496 |  |  | $ | 139,938 |  |  | $ | 142,641 |  |  | $ | 2,483,611 |  |  |
Auto loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
YTD gross charge-offs | $ | 1,512 |  |  | $ | 15,216 |  |  | $ | 13,756 |  |  | $ | 6,327 |  |  | $ | 2,811 |  |  | $ | 3,526 |  |  | $ | 43,148 |  |  |
The following table presents the amortized cost in auto loans held for investment based on their most recent FICO score as of December 31, 2023:
| Term Loans Amortized Cost Basis by Origination Year |  | Total
| 2023 |  | 2022 |  | 2021 |  | 2020 |  | 2019 |  | Prior |
| (In thousands)
Auto loans: |  |  |  |  |  |  |  |  |  |  |  |  |
FICO score: |  |  |  |  |  |  |  |  |  |  |  |  |
1-660 | $ | 170,639 |  |  | $ | 190,743 |  |  | $ | 118,821 |  |  | $ | 57,087 |  |  | $ | 41,124 |  |  | $ | 38,570 |  |  | $ | 616,984 |
661-699 | 169,430 |  |  | 110,260 |  |  | 58,166 |  |  | 25,886 |  |  | 18,253 |  |  | 16,137 |  |  | 398,132 |
700+ | 474,005 |  |  | 323,514 |  |  | 183,286 |  |  | 103,886 |  |  | 88,929 |  |  | 58,779 |  |  | 1,232,399 |
No FICO | 6,203 |  |  | 6,537 |  |  | 4,592 |  |  | 2,200 |  |  | 3,886 |  |  | 1,597 |  |  | 25,015 |
Total auto loans | $ | 820,277 |  |  | $ | 631,054 |  |  | $ | 364,865 |  |  | $ | 189,059 |  |  | $ | 152,192 |  |  | $ | 115,083 |  |  | $ | 2,272,530 |
Auto loans: |  |  |  |  |  |  |  |  |  |  |  |  |
YTD gross charge-offs | $ | 4,090 |  |  | $ | 18,142 |  |  | $ | 10,894 |  |  | $ | 4,008 |  |  | $ | 3,380 |  |  | $ | 3,250 |  |  | $ | 43,764 |

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