The First State Bank of Malta: Loan Modifications and Restructuring
Data as of · Call Report Schedules RC-C Memoranda and RC-N How we update
Loans whose terms were changed for a borrower in financial difficulty. Modification postpones a loss rather than removing it, so a modified book growing faster than the non-performing book is worth reading as an early signal rather than a clean bill of health.
Non-performing loans to total loans dropped 0.59 percentage points in Q2 2026, from 6.76% to 6.17%. It was the largest change from Q1 2026 among the key lines here.
Modified loans
| Line item | Q2 2026 |
|---|---|
| Modified loans and leases | $2.7M |
| Modified loans to total loans | 3.96% |
| Non-performing assets excluding restructured loans, to assets | 0.80% |
Read against the non-performing book
| Line item | Q2 2026 |
|---|---|
| Non-performing loans to total loans | 6.17% |
| Nonaccrual loans to loans | 2.20% |
| Loans 90+ days past due to loans | 0.00% |
| Net charge-off ratio | -0.01% |
| Allowance for credit losses to loans | 2.81% |
Shown side by side so the modified share can be compared with recognised non-performing loans and with what has already been charged off.
Loan Modifications and Restructuring trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
A modified share rising while the non-performing share stays flat is the pattern worth investigating.
Loan Modifications and Restructuring by quarter
| Quarter | Modified loans | Non-performing loans | Net charge-offs |
|---|---|---|---|
| Q3 2023 | 2.41% | 9.34% | -0.05% |
| Q4 2023 | 2.64% | 6.47% | 0.01% |
| Q1 2024 | 2.50% | 6.19% | -0.64% |
| Q2 2024 | 5.38% | 6.51% | 0.96% |
| Q3 2024 | 5.23% | 6.30% | -0.02% |
| Q4 2024 | 3.98% | 8.25% | -0.80% |
| Q1 2025 | 3.86% | 8.12% | -0.04% |
| Q2 2025 | 4.14% | 8.23% | -0.04% |
| Q3 2025 | 4.32% | 7.47% | -0.01% |
| Q4 2025 | 4.69% | 7.53% | -0.74% |
| Q1 2026 | 4.36% | 6.76% | -0.20% |
| Q2 2026 | 3.96% | 6.17% | -0.01% |
The First State Bank of Malta loan modifications and restructuring, all the way back
Loan Modifications and Restructuring back to 2001 · peer percentiles on every line item · Excel export
Unlock The First State Bank of Malta, freeSource: Call Report Schedules RC-C Memoranda and RC-N, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full The First State Bank of Malta profile, peer group comparison, or how this data updates.
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