XML 117 R146.htm IDEA: XBRL DOCUMENT v2.4.1.9
Fair value (Estimated fair value and carrying value) (Details) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Assets, Fair Value Disclosure [Abstract]        
Available-for-sale Securities $ 1,216,538us-gaap_AvailableForSaleSecurities $ 1,588,425us-gaap_AvailableForSaleSecurities    
Held to maturity Fair Value 164,154us-gaap_HeldToMaturitySecuritiesFairValue 0us-gaap_HeldToMaturitySecuritiesFairValue    
Federal Home Loan Bank (FHLB) stock 21,169us-gaap_FederalHomeLoanBankStock 24,450us-gaap_FederalHomeLoanBankStock    
Other Investments 3us-gaap_OtherInvestments 65us-gaap_OtherInvestments    
Derivative Assets 8,107us-gaap_DerivativeAssets 20,502us-gaap_DerivativeAssets    
Servicing Assets 13,992us-gaap_ServicingAssetAtFairValueAmount 13,801us-gaap_ServicingAssetAtFairValueAmount 10,795us-gaap_ServicingAssetAtFairValueAmount 10,454us-gaap_ServicingAssetAtFairValueAmount
Liabilities, Fair Value Disclosure [Abstract]        
Derivative liabilities 11,221us-gaap_DerivativeLiabilities 14,937us-gaap_DerivativeLiabilities    
Assets,Carrying Value [Abstract]        
Total cash and cash equivalents 573,427us-gaap_CashAndCashEquivalentsAtCarryingValue 621,269us-gaap_CashAndCashEquivalentsAtCarryingValue 855,235us-gaap_CashAndCashEquivalentsAtCarryingValue 591,487us-gaap_CashAndCashEquivalentsAtCarryingValue
Restricted Cash And Cash Equivalents 8,407us-gaap_RestrictedCashAndCashEquivalents 82,199us-gaap_RestrictedCashAndCashEquivalents    
Securities Purchased under Agreements to Resell 0us-gaap_SecuritiesPurchasedUnderAgreementsToResell 60,000us-gaap_SecuritiesPurchasedUnderAgreementsToResell    
Trading Securities 1,594us-gaap_TradingSecurities 1,869us-gaap_TradingSecurities    
Non-covered loans, net of allowance for loan and lease losses 4,513,196us-gaap_LoansAndLeasesReceivableNetReportedAmount 4,615,929us-gaap_LoansAndLeasesReceivableNetReportedAmount    
Covered, net 298,911us-gaap_LoansAndLeasesReceivableNetReportedAmountCovered 356,961us-gaap_LoansAndLeasesReceivableNetReportedAmountCovered    
FDIC Indemnification Asset 97,378us-gaap_FDICIndemnificationAsset 189,240us-gaap_FDICIndemnificationAsset 302,295us-gaap_FDICIndemnificationAsset 405,646us-gaap_FDICIndemnificationAsset
Accrued interest receivable 21,345us-gaap_InterestReceivableNoncurrent 18,734us-gaap_InterestReceivableNoncurrent    
Liabilities,Carrying Value Disclosure [Abstract]        
Deposits, Total 4,924,406us-gaap_Deposits 5,383,265us-gaap_Deposits    
Securities Sold under Agreements to Repurchase 980,087us-gaap_SecuritiesSoldUnderAgreementsToRepurchase 1,267,618us-gaap_SecuritiesSoldUnderAgreementsToRepurchase    
Subordinated capital notes 101,584us-gaap_SubordinatedDebt 100,010us-gaap_SubordinatedDebt    
Accrued expenses and other liabilities 133,290us-gaap_AccruedLiabilitiesCurrentAndNoncurrent 144,424us-gaap_AccruedLiabilitiesCurrentAndNoncurrent    
Fair Value, Inputs, Level 1 [Member]        
Assets, Fair Value Disclosure [Abstract]        
Cash and Cash Equivalents, Fair Value Disclosure 573,427us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
621,269us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
   
Restricted Cash, at Fair Value 8,407ofg_RestrictedCashAtFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
82,199ofg_RestrictedCashAtFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
   
Assets,Carrying Value [Abstract]        
Total cash and cash equivalents 573,427us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
621,269us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
   
Restricted Cash And Cash Equivalents 8,407us-gaap_RestrictedCashAndCashEquivalents
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
82,199us-gaap_RestrictedCashAndCashEquivalents
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
   
Fair Value, Inputs, Level 2 [Member]        
Assets, Fair Value Disclosure [Abstract]        
Federal Funds Sold and Securities Borrowed or Purchased under Agreements to Resell, Fair Value Disclosure 0us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
60,000us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Trading Securities 1,594us-gaap_TradingSecuritiesEquity
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
1,869us-gaap_TradingSecuritiesEquity
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Available-for-sale Securities 1,216,538us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
1,568,745us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Held to maturity Fair Value 164,154us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
0us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Federal Home Loan Bank (FHLB) stock 21,169us-gaap_FederalHomeLoanBankStock
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
24,450us-gaap_FederalHomeLoanBankStock
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Other Investments 3us-gaap_OtherInvestments
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
65us-gaap_OtherInvestments
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Derivative Assets 2,552us-gaap_DerivativeAssets
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
4,072us-gaap_DerivativeAssets
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Receivables, Fair Value Disclosure 11,221us-gaap_ReceivablesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
14,937us-gaap_ReceivablesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Liabilities, Fair Value Disclosure [Abstract]        
Securities Purchased But Not Received, Fair Value 0ofg_SecuritiesPurchasedButNotReceivedFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
0ofg_SecuritiesPurchasedButNotReceivedFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Assets,Carrying Value [Abstract]        
Securities Purchased under Agreements to Resell 0us-gaap_SecuritiesPurchasedUnderAgreementsToResell
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
60,000us-gaap_SecuritiesPurchasedUnderAgreementsToResell
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Trading Securities 1,594us-gaap_TradingSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
1,869us-gaap_TradingSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Investment held for sale, carrying amount 162,752ofg_InvestmentHeldForSaleCarryingAmount
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
0ofg_InvestmentHeldForSaleCarryingAmount
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Federal Home Loan Bank Stock at carrying value 21,169ofg_FederalHomeLoanBankStockAtCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
24,450ofg_FederalHomeLoanBankStockAtCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Other Investment, Carrying Value 3ofg_OtherInvestmentCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
65ofg_OtherInvestmentCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Derivative Assets, carrying value 2,552ofg_DerivativeAssetsCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
4,072ofg_DerivativeAssetsCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Liabilities,Carrying Value Disclosure [Abstract]        
Securities Purchased But Not Yet Received 0ofg_SecuritiesPurchasedButNotReceived
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
0ofg_SecuritiesPurchasedButNotReceived
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Derivative liabilities at carrying value 11,221ofg_DerivativeLiabilitiesAtCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
14,937ofg_DerivativeLiabilitiesAtCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
   
Fair Value, Inputs, Level 3 [Member]        
Assets, Fair Value Disclosure [Abstract]        
Available-for-sale Securities 0us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
19,680us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Non-covered loans, net 4,563,701ofg_NonCoveredLoansInclHtmFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
4,857,505ofg_NonCoveredLoansInclHtmFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Covered loans, net 345,660ofg_LoansReceivableFairValueDisclosureCovered
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
433,444ofg_LoansReceivableFairValueDisclosureCovered
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Derivative Assets 5,555us-gaap_DerivativeAssets
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
16,430us-gaap_DerivativeAssets
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
FDIC Indemnification Asset Fair Value Disclosure 75,969ofg_FdicIndemnificationAssetFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
152,965ofg_FdicIndemnificationAssetFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Receivables, Fair Value Disclosure 21,345us-gaap_ReceivablesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
18,734us-gaap_ReceivablesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Servicing Assets 13,992us-gaap_ServicingAssetAtFairValueAmount
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
13,801us-gaap_ServicingAssetAtFairValueAmount
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Liabilities, Fair Value Disclosure [Abstract]        
Deposits, Fair Value Disclosure 4,893,247us-gaap_DepositsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
5,409,540us-gaap_DepositsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Securities sold under agreements to repurchase 1,020,621us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
1,323,903us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Advances from FHLB 339,172us-gaap_FederalHomeLoanBankBorrowingsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
335,324us-gaap_FederalHomeLoanBankBorrowingsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Notes Payable Fair Value Disclosure 3,979us-gaap_NotesPayableFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
3,638us-gaap_NotesPayableFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Subordinated capital notes 104,288us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisSubordinatedDebtObligations
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
99,316us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisSubordinatedDebtObligations
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Derivative liabilities 5,477us-gaap_DerivativeLiabilities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
15,736us-gaap_DerivativeLiabilities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Accrued expenses and other liabilities 133,290us-gaap_AccountsPayableAndAccruedLiabilitiesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
144,424us-gaap_AccountsPayableAndAccruedLiabilitiesFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Assets,Carrying Value [Abstract]        
Non-covered loans, net of allowance for loan and lease losses 4,527,735us-gaap_LoansAndLeasesReceivableNetReportedAmount
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
4,662,458us-gaap_LoansAndLeasesReceivableNetReportedAmount
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Covered, net 298,911us-gaap_LoansAndLeasesReceivableNetReportedAmountCovered
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
356,961us-gaap_LoansAndLeasesReceivableNetReportedAmountCovered
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Derivative Assets, carrying value 5,555ofg_DerivativeAssetsCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
16,430ofg_DerivativeAssetsCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
FDIC Indemnification Asset 97,378us-gaap_FDICIndemnificationAsset
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
189,240us-gaap_FDICIndemnificationAsset
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Accrued interest receivable 21,345us-gaap_InterestReceivableNoncurrent
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
18,734us-gaap_InterestReceivableNoncurrent
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Servicing assets, carrying value 13,992ofg_ServicingAssetsCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
13,801ofg_ServicingAssetsCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Liabilities,Carrying Value Disclosure [Abstract]        
Deposits, Total 4,924,406us-gaap_Deposits
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
5,383,265us-gaap_Deposits
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Securities Sold under Agreements to Repurchase 980,087us-gaap_SecuritiesSoldUnderAgreementsToRepurchase
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
1,267,618us-gaap_SecuritiesSoldUnderAgreementsToRepurchase
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Advances from FHLB 334,331us-gaap_FederalHomeLoanBankAdvancesLongTerm
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
336,143us-gaap_FederalHomeLoanBankAdvancesLongTerm
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Term Notes 4,004us-gaap_OtherNotesPayable
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
3,663us-gaap_OtherNotesPayable
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Subordinated capital notes 101,584us-gaap_SubordinatedDebt
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
100,010us-gaap_SubordinatedDebt
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Accrued expenses and other liabilities 133,290us-gaap_AccruedLiabilitiesCurrentAndNoncurrent
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
144,424us-gaap_AccruedLiabilitiesCurrentAndNoncurrent
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
   
Derivative liabilities at carrying value $ 5,477ofg_DerivativeLiabilitiesAtCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
$ 15,736ofg_DerivativeLiabilitiesAtCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member