Santander Bank, N.A.: 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.
Compared with Q1 2026, Allowance for credit losses to loans rose 0.61 percentage points in Q2 2026 to 3.17%, the biggest move on this page.
Modified loans
| Line item | Q2 2026 |
|---|---|
| Modified loans and leases | $1.65B |
| Modified loans to total loans | 2.79% |
| Non-performing assets excluding restructured loans, to assets | 1.06% |
Read against the non-performing book
| Line item | Q2 2026 |
|---|---|
| Non-performing loans to total loans | 4.61% |
| Nonaccrual loans to loans | 1.83% |
| Loans 90+ days past due to loans | 0.01% |
| Net charge-off ratio | 0.45% |
| Allowance for credit losses to loans | 3.17% |
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 | 0.39% | 1.33% | 0.67% |
| Q4 2023 | 0.41% | 1.81% | 1.32% |
| Q1 2024 | 0.57% | 2.01% | 1.07% |
| Q2 2024 | 0.92% | 2.40% | 0.97% |
| Q3 2024 | 1.45% | 3.12% | 0.70% |
| Q4 2024 | 1.83% | 3.62% | 0.73% |
| Q1 2025 | 2.54% | 4.61% | 0.90% |
| Q2 2025 | 2.91% | 4.94% | 0.70% |
| Q3 2025 | 3.08% | 5.03% | 0.81% |
| Q4 2025 | 2.21% | 3.94% | 0.77% |
| Q1 2026 | 2.88% | 4.70% | 0.67% |
| Q2 2026 | 2.79% | 4.61% | 0.45% |
Santander Bank, N.A. loan modifications and restructuring, all the way back
Loan Modifications and Restructuring back to 2001 · peer percentiles on every line item · Excel export
Unlock Santander Bank, N.A., 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 Santander Bank, N.A. profile, peer group comparison, or how this data updates.
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