XML 69 R58.htm IDEA: XBRL DOCUMENT v3.7.0.1

Loans Receivable (Composition of loan portfolio) (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Loans And Leases Receivable Net Reported Amount
Loans and Leases Receivable, Gross, Carrying Amount	$ 4,188,441,000	$ 4,245,364,000
Allowance for loan and lease losses	(121,034,000)	(115,937,000)
Loans, net of allowance for loan and lease losse, net.	4,067,407,000	4,129,427,000
Deferred loan cost (fees), net	6,464,000	5,766,000
Loans receivable net of deferred loan cost (fees)	4,073,871,000	4,135,193,000
Mortgage loans held-for-sale	15,837,000	12,499,000
Total loans, net	4,089,708,000	4,147,692,000
Acquired BBVAPR loans [Member]
Loans And Leases Receivable Net Reported Amount
Loans and Leases Receivable, Gross, Carrying Amount	990,433,000	1,043,244,000
Allowance for loan and lease losses	(38,545,000)	(35,356,000)
Loans, net of allowance for loan and lease losse, net.	951,888,000	1,007,888,000
Loans receivable net of deferred loan cost (fees)	951,888,000	1,007,888,000
Total loans, net	951,888,000	1,007,888,000
Acquired BBVAPR Accounted for under ASC 310-20 [Member]
Loans And Leases Receivable Net Reported Amount
Loans and Leases Receivable, Gross, Carrying Amount	78,960,000	91,450,000
Allowance for loan and lease losses	(3,615,000)	(4,300,000)
Loans, net of allowance for loan and lease losse, net.	75,345,000	87,150,000
Loans receivable net of deferred loan cost (fees)	75,345,000	87,150,000
Total loans, net	75,345,000	87,150,000
Acquired BBVAPR Accounted for under ASC 310-20 [Member] | Commercial Loan [Member]
Loans And Leases Receivable Net Reported Amount
Loans and Leases Receivable, Gross, Carrying Amount	5,436,000	5,562,000
Allowance for loan and lease losses	(183,000)	(169,000)
Acquired BBVAPR Accounted for under ASC 310-20 [Member] | Consumer Loan [Member]
Loans And Leases Receivable Net Reported Amount
Loans and Leases Receivable, Gross, Carrying Amount	31,001,000	32,862,000
Allowance for loan and lease losses	(2,591,000)	(3,028,000)
Acquired BBVAPR Accounted for under ASC 310-20 [Member] | Auto Loan [Member]
Loans And Leases Receivable Net Reported Amount
Loans and Leases Receivable, Gross, Carrying Amount	42,523,000	53,026,000
Allowance for loan and lease losses	(841,000)	(1,103,000)
Acquired BBVAPR Accounted under ASC 310-30 [Member]
Loans And Leases Receivable Net Reported Amount
Loans and Leases Receivable, Gross, Carrying Amount	911,473,000	951,794,000
Allowance for loan and lease losses	(34,930,000)	(31,056,000)
Loans, net of allowance for loan and lease losse, net.	876,543,000	920,738,000
Loans receivable net of deferred loan cost (fees)	876,543,000	920,738,000
Total loans, net	876,543,000	920,738,000
Acquired BBVAPR Accounted under ASC 310-30 [Member] | Mortgage Loan [Member]
Loans And Leases Receivable Net Reported Amount
Loans and Leases Receivable, Gross, Carrying Amount	558,112,000	569,253,000
Allowance for loan and lease losses	(3,573,000)	(2,682,000)
Acquired BBVAPR Accounted under ASC 310-30 [Member] | Commercial Loan [Member]
Loans And Leases Receivable Net Reported Amount
Loans and Leases Receivable, Gross, Carrying Amount	278,665,000	292,564,000
Allowance for loan and lease losses	(23,528,000)	(23,452,000)
Acquired BBVAPR Accounted under ASC 310-30 [Member] | Consumer Loan [Member]
Loans And Leases Receivable Net Reported Amount
Loans and Leases Receivable, Gross, Carrying Amount	3,201,000	4,301,000
Acquired BBVAPR Accounted under ASC 310-30 [Member] | Auto Loan [Member]
Loans And Leases Receivable Net Reported Amount
Loans and Leases Receivable, Gross, Carrying Amount	71,495,000	85,676,000
Allowance for loan and lease losses	(7,829,000)	(4,922,000)
Eurobank Acquired Loans
Loans And Leases Receivable Net Reported Amount
Loans and Leases Receivable, Gross, Carrying Amount	147,415,000	155,850,000
Allowance for loan and lease losses	(22,006,000)	(21,281,000)
Loans, net of allowance for loan and lease losse, net.	125,409,000	134,569,000
Loans receivable net of deferred loan cost (fees)	125,409,000	134,569,000
Total loans, net	125,409,000	134,569,000
Eurobank Acquired Loans | Commercial Loan [Member]
Loans And Leases Receivable Net Reported Amount
Loans and Leases Receivable, Gross, Carrying Amount	73,181,000	81,460,000
Eurobank Acquired Loans | Consumer Loan [Member]
Loans And Leases Receivable Net Reported Amount
Loans and Leases Receivable, Gross, Carrying Amount	1,268,000	1,372,000
Eurobank Acquired Loans | Loans secured by 1-4 family residential properties, covered [Member]
Loans And Leases Receivable Net Reported Amount
Loans and Leases Receivable, Gross, Carrying Amount	72,966,000	73,018,000
Originated Loan [Member]
Loans And Leases Receivable Net Reported Amount
Loans and Leases Receivable, Gross, Carrying Amount	3,050,593,000	3,046,270,000
Allowance for loan and lease losses	(60,483,000)	(59,300,000)
Loans, net of allowance for loan and lease losse, net.	2,990,110,000	2,986,970,000
Deferred loan cost (fees), net	6,464,000	5,766,000
Loans receivable net of deferred loan cost (fees)	2,996,574,000	2,992,736,000
Total loans, net	2,996,574,000	2,992,736,000
Originated Loan [Member] | Mortgage Loan [Member]
Loans And Leases Receivable Net Reported Amount
Loans and Leases Receivable, Gross, Carrying Amount	709,863,000	721,494,000
Allowance for loan and lease losses	(18,578,000)	(17,344,000)
Originated Loan [Member] | Commercial Loan [Member]
Loans And Leases Receivable Net Reported Amount
Loans and Leases Receivable, Gross, Carrying Amount	1,253,712,000	1,277,866,000
Allowance for loan and lease losses	(9,888,000)	(8,995,000)
Originated Loan [Member] | Consumer Loan [Member]
Loans And Leases Receivable Net Reported Amount
Loans and Leases Receivable, Gross, Carrying Amount	300,412,000	290,515,000
Allowance for loan and lease losses	(13,394,000)	(13,067,000)
Originated Loan [Member] | Auto and Leasing [Member]
Loans And Leases Receivable Net Reported Amount
Loans and Leases Receivable, Gross, Carrying Amount	786,606,000	756,395,000
Allowance for loan and lease losses	(18,621,000)	(19,463,000)
Acquired loans [Member] | Eurobank Acquired Loans
Loans And Leases Receivable Net Reported Amount
Allowance for loan and lease losses	(22,006,000)	(21,281,000)
Acquired loans [Member] | Eurobank Acquired Loans | Consumer Loan [Member]
Loans And Leases Receivable Net Reported Amount
Allowance for loan and lease losses	(5,000)	(6,000)
Acquired loans [Member] | Eurobank Acquired Loans | Loans secured by 1-4 family residential properties, covered [Member]
Loans And Leases Receivable Net Reported Amount
Allowance for loan and lease losses	(14,168,000)	(11,947,000)
Acquired loans [Member] | Eurobank Acquired Loans | Commercial and Other Construction Loan [Member]
Loans And Leases Receivable Net Reported Amount
Allowance for loan and lease losses	$ (7,833,000)	$ (9,328,000)

X

- Definition

Amount of deferred interest and fee income or deferred cost, unamortized costs incurred to originate loans and leases, unamortized loan commitments and loan syndication fees, and premiums over or discounts from face amounts of acquired loans. Excludes amounts for loans and leases covered under loss sharing agreements.

+ References

No definition available.

+ Details

Name:	ofg_DeferredLoanCostFeesNet
Namespace Prefix:	ofg_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Amount of allowance to cover probable credit losses on loans and leases. Includes carryover of or adjustments to the allowance for loan losses in connection with business combinations. Excludes allowance for loans and leases covered under loss sharing agreements.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-Subparagraph (g)
-URI http://asc.fasb.org/extlink&oid=49124121&loc=SL6953423-111524

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=49124121&loc=SL6953423-111524

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03.7(d))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (b)(1)(ii)
-URI http://asc.fasb.org/extlink&oid=6379141&loc=d3e15032-111544

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 6
-Section L
-Subsection 1

+ Details

Name:	us-gaap_LoansAndLeasesReceivableAllowance
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

Amount before allowance of loans and leases held in portfolio, including but not limited to, commercial and consumer loans. Includes deferred interest and fees, undisbursed portion of loan balance, unamortized costs and premiums and discounts from face amounts. Excludes loans and leases covered under loss sharing agreements.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=28367877&loc=d3e4428-111522

+ Details

Name:	us-gaap_LoansAndLeasesReceivableGrossCarryingAmount
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Amount before allowance and after deduction of deferred interest and fees, unamortized costs and premiums and discounts from face amounts, of loans and leases held in portfolio, including but not limited to, commercial and consumer loans. Excludes loans and leases covered under loss sharing agreements.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=28367877&loc=d3e4428-111522

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=49124121&loc=d3e5074-111524

+ Details

Name:	us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Amount after allowance and deduction of deferred interest and fees, unamortized costs and premiums and discounts from face amounts, of loans and leases held in portfolio, including but not limited to, commercial and consumer loans. Excludes loans and leases covered under loss sharing agreements and loans held for sale.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=28367877&loc=d3e4428-111522

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03.7)
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

+ Details

Name:	us-gaap_LoansAndLeasesReceivableNetReportedAmount
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Amount after allowance and deduction of deferred interest and fees, unamortized costs and premiums over and discounts from face amounts, of loans and leases held in portfolio, including but not limited to, commercial and consumer loans. Includes loans and leases covered under loss sharing agreements.

+ References

No definition available.

+ Details

Name:	us-gaap_LoansAndLeasesReceivableNetReportedAmountCoveredAndNotCovered
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- References

No definition available.

+ Details

Name:	us-gaap_LoansAndLeasesReceivableNetReportedAmountCoveredAndNotCoveredAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Amount, after allowance for bad debt, of mortgage loan receivables held-for-sale that are not part of a disposal group. Excludes loans and leases covered under loss sharing agreements and loans classified as debt securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=28367877&loc=d3e4428-111522

+ Details

Name:	us-gaap_LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Details

Name:	ofg_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAxis=ofg_AcquiredBbvaprLoansMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	ofg_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAxis=ofg_AccountedForUnderAsc31020Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_CommercialLoanMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_ConsumerLoanMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_AutomobileLoanMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	ofg_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAxis=ofg_AccountedForUnderAsc31030Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_MortgagesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	ofg_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAxis=ofg_AcquiredLoansInFDICAssistedTransactionMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=ofg_LoansSecuredBy14FamilyResidentialPropertiesCoveredMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=ofg_NonAcquiredLoanMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=ofg_AutoAndLeasingLoansReceivableMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=ofg_AcquiredLoansMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=ofg_CommercialAndOtherConstructionMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: