Square Financial Services, Inc.: 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.
The standout move of Q2 2026 was in Net charge-off ratio: 2.82 percentage points higher than in Q1 2026, at 15.79%.
Modified loans
| Line item | Q2 2026 |
|---|---|
| Modified loans and leases | $0 |
| Modified loans to total loans | 0.00% |
| Non-performing assets excluding restructured loans, to assets | 0.45% |
Read against the non-performing book
| Line item | Q2 2026 |
|---|---|
| Non-performing loans to total loans | 0.67% |
| Nonaccrual loans to loans | 0.67% |
| Loans 90+ days past due to loans | 0.00% |
| Net charge-off ratio | 15.79% |
| Allowance for credit losses to loans | 7.61% |
Shown side by side so the modified share can be compared with recognized 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 | 0.00% | 0.28% | 3.54% |
| Q4 2023 | 0.00% | 0.51% | 4.05% |
| Q1 2024 | 0.00% | 0.56% | 5.70% |
| Q2 2024 | 0.00% | 2.15% | 10.48% |
| Q3 2024 | 0.00% | 1.89% | 6.36% |
| Q4 2024 | 0.00% | 1.37% | 6.19% |
| Q1 2025 | 0.00% | 1.94% | 3.95% |
| Q2 2025 | 0.00% | 1.23% | 6.45% |
| Q3 2025 | 0.00% | 1.20% | 3.49% |
| Q4 2025 | 0.00% | 1.16% | 6.13% |
| Q1 2026 | 0.00% | 0.97% | 12.97% |
| Q2 2026 | 0.00% | 0.67% | 15.79% |
Square Financial Services, Inc. loan modifications and restructuring, all the way back
Loan Modifications and Restructuring back to 2001 · peer percentiles on every line item · Excel export
Unlock Square Financial Services, Inc., 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 Square Financial Services, Inc. profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 59177) · FFIEC NIC profile (RSSD 5582846)