XML 25 R11.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Pledge Assets | 12 Months Ended
--- | ---
Dec. 31, 2016
TransfersAndServicingAbstract |
Pledge Assets [Text Block] | NOTE 4 - PLEDGED ASSETS The following table shows a summary of pledged and not pledged assets at December 31, 2016 and 2015. Investment securities available for sale are presented at fair value, and investment securities held-to-maturity, residential mortgage loans, commercial loans and leases are presented at amortized cost:
| December 31,
| 2016 |  | 2015
| (In thousands)
Pledged investment securities to secure: |  |  |  |  |
Securities sold under agreements to repurchase | $ | 700,498 |  | $ | 1,021,370
Derivatives |  | 2,397 |  |  | 8,100
Puerto Rico Cash & Money Market Fund |  | - |  |  | 81,576
Bond for the Bank's trust operations |  | 348 |  |  | 379
Total pledged investment securities |  | 703,243 |  |  | 1,111,425
Pledged residential mortgage loans to secure: |  |  |  |  |
Advances from the Federal Home Loan Bank |  | 1,028,234 |  |  | 1,095,810
Pledged commercial loans to secure: |  |  |  |  |
Advances from the Federal Home Loan Bank |  | 381,990 |  |  | 253,263
Federal Reserve Bank Credit Facility |  | 1,303 |  |  | 12,877
Puerto Rico public fund deposits |  | 209,236 |  |  | 410,932
|  | 592,529 |  |  | 677,072
Total pledged assets | $ | 2,324,006 |  | $ | 2,884,307
Financial assets not pledged: |  |  |  |  |
Investment securities | $ | 648,125 |  | $ | 483,373
Residential mortgage loans |  | 348,030 |  |  | 379,065
Commercial loans |  | 1,064,923 |  |  | 1,287,036
Consumer loans |  | 329,050 |  |  | 295,492
Auto loans and leases |  | 895,097 |  |  | 929,666
Total assets not pledged | $ | 3,285,225 |  | $ | 3,374,632

X
- Definition Refer to those assets that are transferred to a lender for the purpose of securing debt. The lender of the debt maintains possession of the pledged asset, but does not have ownership unless default occurs. + References No definition available. + Details
Name: | ofg_PledgeAssetsTextBlock
Namespace Prefix: | ofg_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TransfersAndServicingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration