XML 62 R51.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Investment Securities (Narrative) (Details) - USD ($) $ in Thousands | 3 Months Ended |  |  |
--- | --- | --- | --- | ---
Mar. 31, 2017 | Mar. 31, 2016 | Dec. 31, 2016 | Sep. 30, 2016 | Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract] |  |  |  |  |
Investments Guaranteed by US Treasury and Sponsored Agencies in Unrealized Loss on Position | $ 849,800 |  |  |  |
Investments Guaranteed by Puerto Rico Government and its Political Subdivisions in Unrealized Loss On Position | $ 4,700 |  |  |  |
Investments Guaranteed By Us Treasury And Sponsored Agencies in Unrealized Loss Position Percentage To Total Investment in Unrealized Loss Position | 99.50% |  |  |  |
Investments Guaranteed By Puerto Rico Government and Its Political Subdivisions in Unrealized Loss Position Percentage To Total Investment in Unrealized Loss Position | 0.50% |  |  |  |
Maximum GovernmentBond Probability Of Default | 6.40% |  |  |  |
Money market investments | $ 6,685 |  | $ 5,606 |  |
Securitized GNMA pools, amortized cost | $ 25,000 | $ 23,000 |  |  |
Securitized GNMA pool, yield | 3.14% | 3.06% |  |  |
Schedule of Available-for-sale Securities [Line Items] |  |  |  |  |
Available-for-sale securities, Book Value |  | $ 283,176 |  |  |
Gain (Loss) on Sale of Securities, Net | $ 0 | 11,996 |  |  |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held | 0 | 0 | $ 0 |  | $ 1,490
Investments Guaranteed By Local Government And Its Political Subdivisions In Unrealized Loss On Position with Cumulative Default Probability Fair Value | 4,200 |  |  |  |
Government Investment with Default Probability Payment Received | $ 2,200 |  |  | $ 2,000 |
Collateralized Mortgage Backed Securities [Member] |  |  |  |  |
Schedule of Available-for-sale Securities [Line Items] |  |  |  |  |
Available-for-sale securities, Book Value |  | 283,176 |  |  |
Collateralized Mortgage Backed Securities [Member] | FNMA and FHLMC [Member] |  |  |  |  |
Schedule of Available-for-sale Securities [Line Items] |  |  |  |  |
Available-for-sale securities, Book Value |  | 272,081 |  |  |
Collateralized Mortgage Backed Securities [Member] | Obligations of Puerto Rico Government and Public Instrumentalities |  |  |  |  |
Schedule of Available-for-sale Securities [Line Items] |  |  |  |  |
Available-for-sale securities, Book Value |  | $ 11,095 |  |  |

X
- Definition This item represents the book value at the sale of debt and equity securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any. + References No definition available. + Details
Name: | ofg_AvailableForSaleSecuritiesBookValue
Namespace Prefix: | ofg_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Payment Received from government agencie bond with default probability + References No definition available. + Details
Name: | ofg_GovernmentInvestmentwithDefaultProbabilityPaymentReceived
Namespace Prefix: | ofg_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Investments Guaranteed By Puerto Rico Government And Its Political Subdivisions In Unrealized Loss On Position with Cumulative Default Probability Fair Value + References No definition available. + Details
Name: | ofg_InvestmentsGuaranteedByLocalGovernmentAndItsPoliticalSubdivisionsInUnrealizedLossOnPositionWithCumulativeDefaultProbabilityFairValue
Namespace Prefix: | ofg_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Investments in Unrealized Loss on Positions Guaranteed by Puerto Rico Government and its political subdivisions subject to credit risk and decline on market value due to puerto Rico Government market conditions. + References No definition available. + Details
Name: | ofg_InvestmentsGuaranteedByPuertoRicoGovernmentAndItsPoliticalSubdivisionsInUnrealizedLossOnPosition
Namespace Prefix: | ofg_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Investments guaranteed by Puerto Rico Government and its political subdivisions in unrealized loss position percentage to total investment in unrealized loss position + References No definition available. + Details
Name: | ofg_InvestmentsGuaranteedByPuertoRicoGovernmentAndItsPoliticalSubdivisionsInUnrealizedLossPositionPercentageToTotalInvestmentInUnrealizedLossPosition
Namespace Prefix: | ofg_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Investments in unrealized loss on positions guaranteed by US Treasury and sponsored agencies which are not subject to credit risk due to market conditions. + References No definition available. + Details
Name: | ofg_InvestmentsGuaranteedByUsTreasuryAndSponsoredAgenciesinUnrealizedLossPosition
Namespace Prefix: | ofg_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Investments guaranteed by US Treasury and sponsored agencies in unrealized loss position percentage to total investment in unrealized loss position + References No definition available. + Details
Name: | ofg_Investmentsguaranteedbyustreasuryandsponsoredagenciesinunrealizedlosspositionpercentagetototalinvestmentinunrealizedlossposition
Namespace Prefix: | ofg_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Maximum percentage amount of likelihood a government bond will not be repaid and instead default. + References No definition available. + Details
Name: | ofg_MaximumGovernmentbondProbabilityOfDefault
Namespace Prefix: | ofg_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Yield or cost of retained securitzed GNMA pools from its own origination. + References No definition available. + Details
Name: | ofg_SecuritizedGnmaPoolYield
Namespace Prefix: | ofg_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Loan pools securitized by GNMA at amortized cost. + References No definition available. + Details
Name: | ofg_Securitizedgnmapools
Namespace Prefix: | ofg_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The net gain (loss) realized from the sale, exchange, redemption, or retirement of securities, not separately or otherwise categorized as trading, available-for-sale, or held-to-maturity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.13(h)) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04.3) -URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913 + Details
Name: | us-gaap_GainLossOnSaleOfSecuritiesNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

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

X
- Definition Investment in short-term money-market instruments (such as commercial paper, banker's acceptances, repurchase agreements, government securities, certificates of deposit, and so forth) which are highly liquid (that is, readily convertible to known amounts of cash) and so near their maturity that they present an insignificant risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify as cash equivalents by definition. Original maturity means an original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three-years ago does not become a cash equivalent when its remaining maturity is three months. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Cash Equivalents -URI http://asc.fasb.org/extlink&oid=6507016 + Details
Name: | us-gaap_MoneyMarketFundsAtCarryingValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The cumulative amount of credit losses recognized in earnings related to debt securities held for which a portion of an other than temporary impairment (OTTI) was recognized in other comprehensive income (a component of shareholders' equity). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27340-111563 + Details
Name: | us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | invest_InvestmentSecuritiesClassAxis=us-gaap_MortgageBackedSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_InvestmentTypeAxis=ofg_FnmaAndFhlmcMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_InvestmentTypeAxis=ofg_ObligationsOfPuertoRicoGovernmentAndPoliticalSubdivisionsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |