XML 84 R73.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Allowance for Loan and Lease Losses (Allowance for Acquired Eurobank Loan and Lease Losses) (Details) - Eurobank Acquired Loans - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016
Loan Receivable Type |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |
Balance at beginning of period | $ 22,006 | $ 92,293 | $ 21,281 | $ 90,178
Provision for loan and lease losses, net | 412 | 1,031 | 2,032 | 1,836
Charge-offs |  | 951 |  | 134
FDIC Indemnification Asset Additional Estimated Losses Recoveries |  |  |  | 2,395
Allowance de-recognition from new policy | (631) | (72,159) | (1,526) | (72,159)
Balance at end of period | 21,787 | 22,116 | 21,787 | 22,116
Loans secured by 1-4 family residential properties, covered [Member] |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |
Balance at beginning of period | 14,168 | 23,961 | 11,947 | 22,570
Provision for loan and lease losses, net | 474 | 237 | 2,872 | 184
Charge-offs |  | 951 |  | 0
FDIC Indemnification Asset Additional Estimated Losses Recoveries |  |  |  | 2,395
Allowance de-recognition from new policy | (991) | (14,133) | (1,168) | (14,133)
Balance at end of period | 13,651 | 11,016 | 13,651 | 11,016
Commercial |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |
Balance at beginning of period | 7,833 | 68,089 | 9,328 | 67,365
Provision for loan and lease losses, net | (62) | 801 | (840) | 1,659
Charge-offs |  | 0 |  | 134
FDIC Indemnification Asset Additional Estimated Losses Recoveries |  |  |  | 0
Allowance de-recognition from new policy | 360 | (57,794) | (357) | (57,794)
Balance at end of period | 8,131 | 11,096 | 8,131 | 11,096
Consumer Loan [Member] |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |
Balance at beginning of period | 5 | 243 | 6 | 243
Provision for loan and lease losses, net | 0 | (7) | 0 | (7)
Charge-offs |  | 0 |  | 0
FDIC Indemnification Asset Additional Estimated Losses Recoveries |  |  |  | 0
Allowance de-recognition from new policy | 0 | (232) | (1) | (232)
Balance at end of period | $ 5 | $ 4 | $ 5 | $ 4

X
- Definition The Company changed the purchase credit impaired policy for all loans accounted for under ASC 310-30. Under the new policy, the Company writes-off the loans recorded investment and derecognizes the associated allowance for loan and lease losses for loans that exit the pools. + References No definition available. + Details
Name: | ofg_AllowanceDeRecognitionFromNewPolicy
Namespace Prefix: | ofg_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_AllowanceForLoanAndLeaseLossesRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of increases to the indemnification asset due to additional estimated losses assumed by the Federal Deposit Insurance Corporation (FDIC), relating to loss sharing agreements with the FDIC. + References No definition available. + Details
Name: | us-gaap_FDICIndemnificationAssetAdditionalEstimatedLosses
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition A valuation allowance for financing receivables that are expected to be uncollectible. + 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 (c)(1) -URI http://asc.fasb.org/extlink&oid=66008989&loc=SL6953423-111524 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLosses
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of direct write-downs of financing receivables charged against the allowance. + 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 (c)(3) -URI http://asc.fasb.org/extlink&oid=66008989&loc=SL6953423-111524 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of expense related to estimated loss from loan and lease transactions. + 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 210.9-04.11) -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 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66902209&loc=d3e3602-108585 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=66008989&loc=SL6953423-111524 + Details
Name: | us-gaap_ProvisionForLoanAndLeaseLosses
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | ofg_LoansReceivableCoveredAxis=ofg_AcquiredLoansInFDICAssistedTransactionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_ReceivableTypeDomain
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_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: |