{"schema_version":"secwatch.filing_event.v1","accession":"0001030469-22-000031","form_type":"8-K","ticker":"OFG","cik":"0001030469","company_name":"OFG BANCORP","filed_at":"2022-07-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.648016+00:00","generated_at":"2026-06-24T09:47:54.633301+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"OFG Bancorp 2Q22 EPS $0.84, revenue up, net interest margin expands to 4.80%","bullets":["Diluted EPS of $0.84 vs $0.76 in 1Q22 and $0.78 in 2Q21; core revenues of $146.3M vs $136.4M and $133.3M.","Net interest income $115.1M (up from $105.2M in 1Q22); NIM expanded to 4.80% from 4.47% on loan growth and FRB rate hikes.","Loans held for investment $6.70B, up $154.7M from 1Q22; customer deposits $9.02B with core deposits growing $51.3M.","Repurchased $30.6M of shares in Q2, completing $64.1M of the $100M buyback program; CET1 ratio 12.80%.","Provision for credit losses $6.7M (vs $1.6M in 1Q22) due to loan growth and two commercial non-accrual loans."],"urls":{"canonical":"https://secwatch.observer/filing/0001030469-22-000031","json":"https://secwatch.observer/filing/0001030469-22-000031.json","markdown":"https://secwatch.observer/filing/0001030469-22-000031.md","text":"https://secwatch.observer/filing/0001030469-22-000031.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1030469/000103046922000031/0001030469-22-000031-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1030469/000103046922000031/ofg-20220721.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T09:47:54.633301+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}