Loans

12 Months Ended

Dec. 31, 2021

Receivables [Abstract]

Loans

LOANS

OFG’s loan portfolio is composed of four segments, commercial, mortgage, consumer, and auto loans and leases. Loans are further segregated into classes which OFG uses when assessing and monitoring the risk and performance of the portfolio.

The composition of the amortized cost basis of OFG’s loan portfolio at December 31, 2021 and 2020 was as follows:

	December 31, 2021						December 31, 2020
	Non-PCD		PCD		Total		Non-PCD		PCD		Total
	(In thousands)
Commercial loans:
Commercial secured by real estate	$	883,994	$	176,186	$	1,060,180	$	807,284	$	243,229	$	1,050,513
Other commercial and industrial	759,172		28,149		787,321		647,444		39,931		687,375
Other commercial and industrial - Paycheck Protection Program (PPP Loans)	86,889		—		86,889		289,218		—		289,218
US commercial loans	444,940		—		444,940		374,904		—		374,904
	2,174,995		204,335		2,379,330		2,118,850		283,160		2,402,010
Mortgage	718,848		1,188,423		1,907,271		847,102		1,459,932		2,307,034
Consumer:
Personal loans	346,859		546		347,405		313,257		1,043		314,300
Credit lines	14,775		370		15,145		20,146		351		20,497
Credit cards	46,795		—		46,795		56,185		—		56,185
Overdraft	330		—		330		305		—		305
	408,759		916		409,675		389,893		1,394		391,287
Auto and leasing	1,693,029		13,281		1,706,310		1,534,269		27,533		1,561,802
	4,995,631		1,406,955		6,402,586		4,890,114		1,772,019		6,662,133
Allowance for credit losses	(132,065)		(23,872)		(155,937)		(161,015)		(43,794)		(204,809)
Total loans held for investment, net	4,863,566		1,383,083		6,246,649		4,729,099		1,728,225		6,457,324
Mortgage loans held for sale	51,096		—		51,096		41,654		—		41,654
Other loans held for sale	31,566		—		31,566		2,281		—		2,281
Total loans held for sale	82,662		—		82,662		43,935		—		43,935
Total loans, net	$	4,946,228	$	1,383,083	$	6,329,311	$	4,773,034	$	1,728,225	$	6,501,259

During 2021, OFG sold $4.8 million past due loans, including $4.2 million of past due commercial loans and $0.6 million of past due mortgage loans. In addition, OFG transferred to held for sale past due residential mortgage loans with carrying balance of $39.8 million and a PCD commercial loan with carrying balance of $20.9 million. At December 31, 2021, the mortgage loans transferred to held for sale referred to before had a reporting balance of $22.3 million and the commercial loan had a reporting balance of $9.7 million.

At December 31, 2021 and 2020, OFG had carrying balances of $87.3 million and $99.1 million, respectively, in loans held for investment granted to the Puerto Rico government, including its instrumentalities, public corporations and municipalities, as part of the commercial loan segment. The Bank’s loans to the Puerto Rico government amounting to $86.2 million and $98.0 million at December 31, 2021 and 2020, respectively, are general obligations of municipalities secured by ad valorem taxation, without limitation as to rate or amount, on all taxable property within the issuing municipalities in current status. The good faith, credit and unlimited taxing power of each issuing municipality are pledged for the payment of its general obligations.

The tables below present the aging of the amortized cost of loans held for investment at December 31, 2021 and 2020, by class of loans. Mortgage loans past due include $14.5 million and $56.2 million, respectively, of delinquent loans in the GNMA buy-back option program. Servicers of loans underlying GNMA mortgage-backed securities must report as their own assets the defaulted loans that they have the option (but not the obligation) to repurchase, even when they elect not to exercise that option.

	December 31, 2021
	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
Commercial secured by real estate	$	2,210	$	102	$	8,446	$	10,758	$	873,236	$	883,994	$	—
Other commercial and industrial	1,886		538		946		3,370		842,691		846,061		—
US commercial loans	—		—		—		—		444,940		444,940		—
	4,096		640		9,392		14,128		2,160,867		2,174,995		—
Mortgage	8,704		7,855		43,468		60,027		658,821		718,848		2,346
Consumer
Personal loans	2,382		1,131		1,116		4,629		342,230		346,859		—
Credit lines	531		141		227		899		13,876		14,775		—
Credit cards	610		336		631		1,577		45,218		46,795		—
Overdraft	130		14		—		144		186		330		—
	3,653		1,622		1,974		7,249		401,510		408,759		—
Auto and leasing	60,038		30,234		13,461		103,733		1,589,296		1,693,029		—
Total loans	$	76,491	$	40,351	$	68,295	$	185,137	$	4,810,494	$	4,995,631	$	2,346

	December 31, 2020
	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
Commercial secured by real estate	$	2,781	$	750	$	17,862	$	21,393	$	785,891	$	807,284	$	—
Other commercial and industrial	1,674		234		4,695		6,603		930,059		936,662		—
US commercial loans	2,604		—		—		2,604		372,300		374,904		—
	7,059		984		22,557		30,600		2,088,250		2,118,850		—
Mortgage	8,475		15,100		102,291		125,866		721,236		847,102		3,974
Consumer
Personal loans	4,784		2,515		2,062		9,361		303,896		313,257		—
Credit lines	1,046		329		506		1,881		18,265		20,146		—
Credit cards	1,357		824		1,585		3,766		52,419		56,185		—
Overdraft	138		—		—		138		167		305		—
	7,325		3,668		4,153		15,146		374,747		389,893		—
Auto and leasing	57,176		31,181		20,485		108,842		1,425,427		1,534,269		—
Total loans	$	80,035	$	50,933	$	149,486	$	280,454	$	4,609,660	$	4,890,114	$	3,974

Upon adoption of CECL, OFG elected to maintain pools of loans that were previously accounted for under ASC 310-30 and will continue to account for these pools as a unit of account. As such, PCD loans are not included in the tables above. 

Before the CECL implementation, certain acquired loans were accounted for by OFG in accordance with ASC 310-30. The following table describes the accretable yield and non-accretable discount activity of acquired BBVAPR loans accounted for under ASC 310-30 for the year ended December 31, 2019:

	Year Ended December 31, 2019
	Mortgage		Commercial		Auto and Leasing		Consumer		Total
	(In thousands)
Accretable Yield Activity:
Balance at beginning of year	$	232,199	$	36,508	$	243	$	560	$	269,510
Accretion	(23,871)		(10,312)		(430)		(739)		(35,352)
Change in expected cash flows	(212)		23,080		(19)		739		23,588
Transfer from (to) non-accretable discount	(12,033)		(30,653)		253		(427)		(42,860)
Balance at end of year	$	196,083	$	18,623	$	47	$	133	$	214,886
Non-Accretable Discount Activity:
Balance at beginning of year	$	291,887	$	10,346	$	24,245	$	18,945	$	345,423
Change in actual and expected losses	(27,741)		(19,295)		(169)		(612)		(47,817)
Transfer (to) from accretable yield	12,033		30,653		(253)		427		42,860
Balance at end of year	$	276,179	$	21,704	$	23,823	$	18,760	$	340,466

The following table describes the accretable yield and non-accretable discount activity of acquired Eurobank loans for the year ended December 31, 2019:

	Year Ended December 31, 2019
	Mortgage		Commercial		Auto and Leasing		Consumer		Total
	(In thousands)
Accretable Yield Activity:
Balance at beginning of year	$	38,389	$	3,310	$	—	$	—	$	41,699
Accretion	(4,999)		(4,611)		(14)		(164)		(9,788)
Change in expected cash flows	2,578		2,270		(145)		273		4,976
Transfer from (to) non-accretable discount	(1,947)		(549)		159		(109)		(2,446)
Balance at end of year	$	34,021	$	420	$	—	$	—	$	34,441
Non-Accretable Discount Activity:
Balance at beginning of year	$	2,826	$	—	$	—	$	133	$	2,959
Change in actual and expected losses	(3,051)		1,928		159		(156)		(1,120)
Transfer (to) from accretable yield	1,947		549		(159)		109		2,446
Balance at end of year	$	1,722	$	2,477	$	—	$	86	$	4,285

Non-accrual Loans

The following table presents the amortized cost basis of loans on nonaccrual status as of December 31, 2021 and 2020:

	December 31, 2021						December 31, 2020
	Nonaccrual with Allowance for Credit Loss		Nonaccrual with no Allowance for Credit Loss		Total		Nonaccrual with Allowance for Credit Loss		Nonaccrual with no Allowance for Credit Loss		Total
	(In thousands)
Non-PCD:
Commercial
Commercial secured by real estate	$	16,299	$	19,538	$	35,837	$	15,225	$	21,462	$	36,687
Other commercial and industrial	1,284		483		1,767		2,138		3,174		5,312
	17,583		20,021		37,604		17,363		24,636		41,999
Mortgage	16,428		12,840		29,268		25,683		17,747		43,430
Consumer
Personal loans	1,143		302		1,445		1,752		377		2,129
Personal lines of credit	226		—		226		509		—		509
Credit cards	632		—		632		1,586		—		1,586
	2,001		302		2,303		3,847		377		4,224
Auto and leasing	19,827		2		19,829		20,766		—		20,766
Total	$	55,839	$	33,165	$	89,004	$	67,659	$	42,760	$	110,419
PCD:
Commercial
Commercial secured by real estate	$	5,205	$	6,198	$	11,403	$	31,338	$	4,031	$	35,369
Other commercial and industrial	1,102		40		1,142		1,102		—		1,102
	6,307		6,238		12,545		32,440		4,031		36,471
Mortgage	334		—		334		1,003		—		1,003
Consumer
Personal loans	—		—		—		1		—		1
	—		—		—		1		—		1
Total	$	6,641	$	6,238	$	12,879	$	33,444	$	4,031	$	37,475
Total non-accrual loans	$	62,480	$	39,403	$	101,883	$	101,103	$	46,791	$	147,894

The determination of nonaccrual or accrual status of PCD loans is made at the pool level, not the individual loan level.

Delinquent residential mortgage loans insured or guaranteed under applicable FHA and VA programs are classified as non-performing loans when they become 90 days or more past due but are not placed in non-accrual status until they become 12 months or more past due, since they are insured loans. Therefore, those loans are included as non-performing loans but excluded from non-accrual loans.

At December 31, 2021 and 2020, loans whose terms have been extended and which were classified as troubled-debt restructurings that were not included in non-accrual loans amounted to $125.9 million and $113.9 million, respectively, as they were performing under their new terms.

Modifications

OFG offers various types of concessions when modifying a loan. Concessions made to the original contractual terms of the loan typically consists of the deferral of interest and/or principal payments due to deterioration in the borrowers' financial condition.

In these cases, the principal balance on the TDR had matured and/or was in default at the time of restructure. The amount of outstanding commitments to lend additional funds to commercial borrowers whose terms have been modified in TDRs amounted to $3.7 million and $7.7 million at December 31, 2021 and 2020, respectively.

The following table presents the troubled-debt restructurings in all loan portfolios as of December 31, 2021 and 2020.

	December 31, 2021								December 31, 2020
	Accruing		Non-accruing		Total		Related Allowance		Accruing		Non-accruing		Total		Related Allowance
	(In thousands)
Commercial loans:
Commercial secured by real estate	$	10,981	$	14,444	$	25,425	$	202	$	10,047	$	16,609	$	26,656	$	223
Other commercial and industrial	2,785		473		3,258		41		3,872		375		4,247		59
US commercial loans	7,156		—		7,156		126		7,157		—		7,157		345
	20,922		14,917		35,839		369		21,076		16,984		38,060		627
Mortgage	101,487		9,475		110,962		3,867		87,539		11,202		98,741		4,882
Consumer:
Personal loans	3,275		139		3,414		159		4,944		67		5,011		257
Auto and leasing	203		8		211		11		331		44		375		23
Total loans	$	125,887	$	24,539	$	150,426	$	4,406	$	113,890	$	28,297	$	142,187	$	5,789

The following tables present the troubled-debt restructurings by loan portfolios and modification type as of December 31, 2021 and 2020:

	December 31, 2021
	Reduction in interest rate		Maturity or term extension		Combination of reduction in interest rate and extension of maturity		Forbearance		Total
	(In thousands)
Commercial loans:
Commercial secured by real estate	$	8,461	$	1,227	$	12,401	$	3,336	$	25,425
Other commercial and industrial	723		1,985		522		28		3,258
US commercial loans	7,156		—		—		—		7,156
	16,340		3,212		12,923		3,364		35,839
Mortgage	37,307		6,796		32,456		34,403		110,962
Consumer:
Personal loans	1,496		287		1,430		201		3,414
Auto and leasing	74		—		28		109		211
Total loans	$	55,217	$	10,295	$	46,837	$	38,077	$	150,426

	December 31, 2020
	Reduction in interest rate		Maturity or term extension		Combination of reduction in interest rate and extension of maturity		Forbearance		Total
	(In thousands)
Commercial loans:
Commercial secured by real estate	$	740	$	3,926	$	21,990	$	—	$	26,656
Other commercial and industrial	718		2,960		569		—		4,247
US commercial loans	7,157		—		—		—		7,157
	8,615		6,886		22,559		—		38,060
Mortgage	27,593		6,271		29,734		35,143		98,741
Consumer:
Personal loans	2,315		407		1,896		393		5,011
Auto and leasing	38		—		38		299		375
Total loans	$	38,561	$	13,564	$	54,227	$	35,835	$	142,187

TDRs disclosed above were not related to Covid-19 modifications. Section 4013 of CARES Act and the "Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus (Revised)" provided banks an option to elect to not account for certain loan modifications related to Covid-19 as TDRs as long as the borrowers were not more than 30 days past due as of December 31, 2019 and at the time of implementation of the modification program, and the borrowers meet other applicable criteria. As of December 31, 2021 and 2020 there were $28.0 million and $95.7 million, respectively, of loans deferred as a result from the Covid-19 pandemic that were not classified as a TDR, which consists of commercial loans in the hospitality industry and FHA and VA insured mortgage loans.

At December 31, 2021 and 2020, TDR mortgage loans include $40.8 million and $22.1 million, respectively, of government guaranteed loans (e.g. FHA/VA).

Upon adoption of CECL, OFG elected to maintain pools of loans that were previously accounted for under ASC 310-30 and will continue to account for these pools as a unit of account. As such, PCD loans are not included in the tables.

Loan modifications that are considered TDR loans completed during the years ended December 31, 2021, 2020 and 2019 were as follows:

	Year Ended December 31, 2021
	Number of contracts	Pre-Modification Outstanding Recorded Investment		Pre-Modification Weighted Average Rate		Pre-Modification Weighted Average Term (in Months)	Post-Modification Outstanding Recorded Investment		Post-Modification Weighted Average Rate		Post-Modification Weighted Average Term (in Months)
	(Dollars in thousands)
Mortgage	160	$	20,077	4.33	%	323	$	20,241	3.47	%	345
Commercial	7	10,093		5.50	%	86	9,979		4.48	%	60
Consumer	17	294		13.72	%	69	295		10.12	%	78
Auto and leasing	9	148		8.70	%	72	148		9.35	%	49

	Year Ended December 31, 2020
	Number of contracts	Pre-Modification Outstanding Recorded Investment		Pre-Modification Weighted Average Rate		Pre-Modification Weighted Average Term (in Months)	Post-Modification Outstanding Recorded Investment		Post-Modification Weighted Average Rate		Post-Modification Weighted Average Term (in Months)
	(Dollars in thousands)
Mortgage	88	$	11,081	4.70	%	332	$	10,151	4.13	%	327
Commercial	8	14,896		5.45	%	63	14,896		4.36	%	77
Consumer	23	349		14.11	%	64	391		10.57	%	76
Auto and leasing	31	217		10.88	%	74	219		11.02	%	71

	Year Ended December 31, 2019
	Number of contracts	Pre-Modification Outstanding Recorded Investment		Pre-Modification Weighted Average Rate		Pre-Modification Weighted Average Term (in Months)	Post-Modification Outstanding Recorded Investment		Post-Modification Weighted Average Rate		Post-Modification Weighted Average Term (in Months)
	(Dollars in thousands)
Mortgage	148	$	19,130	5.85	%	376	$	17,991	5.09	%	345
Commercial	5	2,070		7.23	%	56	2,070		6.05	%	67
Consumer	370	5,357		15.69	%	66	5,398		11.50	%	74
Auto and leasing	22	319		7.29	%	70	326		8.97	%	44

The following table presents troubled-debt restructurings for which there was a payment default during the years ended December 31, 2021, 2020 and 2019:

	Year ended December 31,
	2021			2020			2019
	Number of Contracts	Recorded Investment		Number of Contracts	Recorded Investment		Number of Contracts	Recorded Investment
	(Dollars in thousands)
Mortgage	19	$	2,488	9	$	1,345	29	$	3,597
Consumer	6	$	76	1	$	2	77	$	1,118
Auto and leasing	1	$	10	—	$	—	3	$	51

As of December 31, 2021 and 2020, the recorded investment on residential mortgage loans collateralized by residential real estate property that were in the process of foreclosure amounted to $16.9 million and $24.7 million, respectively. OFG commences the foreclosure process on residential real estate loans when a borrower becomes 120 days delinquent. Puerto Rico and the USVI require the foreclosure to be processed through the respective territory’s courts. Foreclosure timelines vary according to local law and investor guidelines. Occasionally, foreclosures may be delayed due to, among other reasons, mandatory mediation, bankruptcy, court delays and title issues.

Collateral-dependent Loans

The table below present the amortized cost of collateral-dependent loans held for investment at December 31, 2021 and 2020, by class of loans.

	December 31, 2021		December 31, 2020
	(In thousands)
Commercial loans:
Commercial secured by real estate	$	10,233	$	29,279

PCD loans, except for single pooled loans, are not included in the table above as their unit of account is the loan pool.

Credit Quality Indicators

OFG categorizes its loans into loan grades based on relevant information about the ability of borrowers to service their debt, such as economic conditions, portfolio risk characteristics, prior loss experience, and the results of periodic credit reviews of individual loans.

OFG uses the following definitions for loan grades:

Pass: Loans classified as “pass” have a well-defined primary source of repayment very likely to be sufficient, with no apparent risk, strong financial position, minimal operating risk, profitability, liquidity and capitalization better than industry standards.

Special Mention: Loans classified as “special mention” have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution’s credit position at some future date.

Substandard: Loans classified as “substandard” are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected.

Doubtful: Loans classified as “doubtful” have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, questionable and improbable.

Loss: Loans classified as “loss” are considered uncollectible and of such little value that their continuance as bankable assets is not warranted. This classification does not mean that the asset has absolutely no recovery or salvage value, but rather that it is not practical or desirable to defer writing off this worthless loan even though partial recovery may be effected in the future.

Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass loans.

As of December 31, 2021 and based on the most recent analysis performed, the risk category of loans 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
	2021		2020		2019		2018		2017		Prior
	(In thousands)
Commercial:
Commercial secured by real estate:
Loan grade:
Pass	$	183,820	$	120,855	$	114,208	$	94,864	$	52,439	$	183,026	$	45,178	$	794,390
Special Mention	654		628		32,578		4,581		4,053		5,102		643		48,239
Substandard	8,415		10,694		58		849		1,357		17,555		1,671		40,599
Doubtful	—		—		—		—		—		22		744		766
Loss	—		—		—		—		—		—		—		—
Total commercial secured by real estate	192,889		132,177		146,844		100,294		57,849		205,705		48,236		883,994
Other commercial and industrial:
Loan grade:
Pass	276,165		93,809		45,976		57,989		6,106		6,004		330,072		816,121
Special Mention	78		23		8,076		2,213		3,525		—		13,642		27,557
Substandard	112		48		155		394		81		28		1,513		2,331
Doubtful	—		—		—		—		—		—		52		52
Loss	—		—		—		—		—		—		—		—
Total other commercial and industrial:	276,355		93,880		54,207		60,596		9,712		6,032		345,279		846,061
US commercial loans:
Loan grade:
Pass	85,394		61,098		41,924		47,179		—		—		171,928		407,523
Special Mention	—		—		1,515		19,095		—		—		—		20,610
Substandard	—		7,156		—		9,651		—		—		—		16,807
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total US commercial loans:	85,394		68,254		43,439		75,925		—		—		171,928		444,940
Total commercial loans	$	554,638	$	294,311	$	244,490	$	236,815	$	67,561	$	211,737	$	565,443	$	2,174,995

As of December 31, 2020 and based on the most recent analysis performed, the risk category of loans 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
	2020		2019		2018		2017		2016		Prior
	(In thousands)
Commercial:
Commercial secured by real estate:
Loan grade:
Pass	$	113,474	$	105,156	$	106,283	$	81,338	$	44,008	$	187,189	$	30,686	$	668,134
Special Mention	10,592		20,605		5,233		11,771		8,514		3,090		37,680		97,485
Substandard	183		63		758		8,923		584		23,746		7,331		41,588
Doubtful	—		—		—		—		—		77		—		77
Loss	—		—		—		—		—		—		—		—
Total commercial secured by real estate	124,249		125,824		112,274		102,032		53,106		214,102		75,697		807,284
Other commercial and industrial:
Loan grade:
Pass	384,901		84,433		75,023		14,502		8,326		7,922		300,429		875,536
Special Mention	151		8,242		19,626		—		—		3,337		23,732		55,088
Substandard	207		66		486		164		2,809		119		2,122		5,973
Doubtful	—		—		—		—		—		—		65		65
Loss	—		—		—		—		—		—		—		—
Total other commercial and industrial:	385,259		92,741		95,135		14,666		11,135		11,378		326,348		936,662
US commercial loans:
Loan grade:
Pass	68,688		62,264		77,762		7,124		—		—		98,324		314,162
Special Mention	—		1,501		33,282		—		—		—		1,250		36,033
Substandard	7,156		—		17,553		—		—		—		—		24,709
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total US commercial loans:	75,844		63,765		128,597		7,124		—		—		99,574		374,904
Total commercial loans	$	585,352	$	282,330	$	336,006	$	123,822	$	64,241	$	225,480	$	501,619	$	2,118,850

At December 31, 2021 and 2020, the balance of revolving loans converted to term loans was $37.5 million and $21.0 million, respectively.

OFG considers the performance of the loan portfolio and its impact on the allowance for credit losses. For mortgage and consumer loan classes, OFG also evaluates credit quality based on the aging status of the loan, which was previously presented, and by payment activity. The following table presents the amortized cost in mortgage and consumer loans based on payment activity as of December 31, 2021:

	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis		Total
	2021		2020		2018		2018		2016		Prior
	(In thousands)
Mortgage:
Payment performance:
Performing	$	18,486	$	16,585	$	15,461	$	19,261	$	24,872	$	584,792	$	—	$	—	$	679,457
Nonperforming	—		126		129		510		1,830		36,796		—		—		39,391
Total mortgage loans:	18,486		16,711		15,590		19,771		26,702		621,588		—		—		718,848
Consumer:
Personal loans:
Payment performance:
Performing	175,273		55,960		65,425		29,808		12,287		6,661		—		—		345,414
Nonperforming	296		239		411		143		20		336		—		—		1,445
Total personal loans	175,569		56,199		65,836		29,951		12,307		6,997		—		—		346,859
Credit lines:
Payment performance:
Performing	—		—		—		—		—		—		14,549		—		14,549
Nonperforming	—		—		—		—		—		—		226		—		226
Total credit lines	—		—		—		—		—		—		14,775		—		14,775
Credit cards:
Payment performance:
Performing	—		—		—		—		—		—		46,163		—		46,163
Nonperforming	—		—		—		—		—		—		632		—		632
Total credit cards	—		—		—		—		—		—		46,795		—		46,795
Overdrafts:
Payment performance:
Performing	—		—		—		—		—		—		330		—		330
Nonperforming	—		—		—		—		—		—		—		—		—
Total overdrafts	—		—		—		—		—		—		330		—		330
Total consumer loans	175,569		56,199		65,836		29,951		12,307		6,997		61,900		—		408,759
Total mortgage and consumer loans	$	194,055	$	72,910	$	81,426	$	49,722	$	39,009	$	628,585	$	61,900	$	—	$	1,127,607

The following table presents the amortized cost in mortgage and consumer loans based on payment activity as of December 31, 2020:

	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis		Total
	2020		2019		2018		2017		2016		Prior
	(In thousands)
Mortgage:
Payment performance:
Performing	$	14,842	$	20,516	$	27,359	$	33,088	$	38,637	$	664,941	$	—	$	—	$	799,383
Nonperforming	—		347		722		894		950		44,806		—		—		47,719
Total mortgage loans:	14,842		20,863		28,081		33,982		39,587		709,747		—		—		847,102
Consumer:
Personal loans:
Payment performance:
Performing	88,653		115,295		58,009		28,424		13,565		7,181		—		—		311,127
Nonperforming	201		591		492		318		134		394		—		—		2,130
Total personal loans	88,854		115,886		58,501		28,742		13,699		7,575		—		—		313,257
Credit lines:
Payment performance:
Performing	—		—		—		—		—		—		19,635		—		19,635
Nonperforming	—		—		—		—		—		—		511		—		511
Total credit lines	—		—		—		—		—		—		20,146		—		20,146
Credit cards:
Payment performance:
Performing	—		—		—		—		—		—		54,599		—		54,599
Nonperforming	—		—		—		—		—		—		1,586		—		1,586
Total credit cards	—		—		—		—		—		—		56,185		—		56,185
Overdrafts:
Payment performance:
Performing	—		—		—		—		—		—		305		—		305
Nonperforming	—		—		—		—		—		—		—		—		—
Total overdrafts	—		—		—		—		—		—		305		—		305
Total consumer loans	88,854		115,886		58,501		28,742		13,699		7,575		76,636		—		389,893
Total mortgage and consumer loans	$	103,696	$	136,749	$	86,582	$	62,724	$	53,286	$	717,322	$	76,636	$	—	$	1,236,995

OFG evaluates credit quality for auto loans and leases based on FICO score. The following table presents the amortized cost in auto loans and leases based on their most recent FICO score as of December 31, 2021:

	Term Loans Amortized Cost Basis by Origination Year												Total
	2021		2020		2019		2018		2017		Prior
	(In thousands)
Auto and leasing:
FICO score:
1-660	161,534		90,402		80,745		65,681		38,001		23,171		459,534
661-699	134,507		68,422		48,173		33,854		16,761		10,534		312,251
700+	245,148		180,737		184,307		133,098		63,229		38,474		844,993
No FICO	26,759		13,580		17,062		10,119		5,515		3,216		76,251
Total auto and leasing:	$	567,948	$	353,141	$	330,287	$	242,752	$	123,506	$	75,395	$	1,693,029

The following table presents the amortized cost in auto loans and leases based on their most recent FICO score as of December 31, 2020:

	Term Loans Amortized Cost Basis by Origination Year												Total
	2020		2019		2018		2017		2016		Prior
	(In thousands)
Auto and leasing:
FICO score:
1-660	121,878		112,476		97,725		56,935		30,307		22,360		441,681
661-699	84,673		68,698		44,633		23,308		13,571		9,031		243,914
700+	173,834		214,287		164,205		85,743		45,947		32,177		716,193
No FICO	21,512		42,597		33,305		18,127		9,656		7,284		132,481
Total auto and leasing:	$	401,897	$	438,058	$	339,868	$	184,113	$	99,481	$	70,852	$	1,534,269

Upon adoption of CECL, OFG elected to maintain pools of loans that were previously accounted for under ASC 310-30 and will continue to account for these pools as a unit of account. As such, PCD loans are not included in the tables above.