XML 88 R74.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Allowance for Loan and Lease Losses (Allowance for loan and lease losses) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Jun. 30, 2017
Financing Receivable, Allowance for Credit Losses [Roll Forward] |  |  |  |
Provision For Loan And Lease Losses | $ 14,747 | $ 26,536 | $ 30,207 | $ 44,190
Acquired BBVAPR Accounted for under ASC 310-20 [Member] |  |  |  |
Financing Receivable, Allowance for Credit Losses [Roll Forward] |  |  |  |
Balance at beginning of period | 3,184 | 3,615 | 3,862 | 4,300
Charge-offs | 513 | 1,102 | 1,660 | 2,271
Recoveries | 350 | 894 | 635 | 1,411
Provision For Loan And Lease Losses | (295) | (59) | (111) | (92)
Balance at end of period | 2,726 | 3,348 | 2,726 | 3,348
Acquired BBVAPR Accounted for under ASC 310-20 [Member] | Commercial Loan [Member] |  |  |  |
Financing Receivable, Allowance for Credit Losses [Roll Forward] |  |  |  |
Balance at beginning of period | 37 | 183 | 42 | 169
Charge-offs | 5 | 126 | 5 | 132
Recoveries | 12 | 2 | 15 | 3
Provision For Loan And Lease Losses | 42 | (18) | 34 | 1
Balance at end of period | 86 | 41 | 86 | 41
Acquired BBVAPR Accounted for under ASC 310-20 [Member] | Consumer Loan [Member] |  |  |  |
Financing Receivable, Allowance for Credit Losses [Roll Forward] |  |  |  |
Balance at beginning of period | 2,659 | 2,591 | 3,225 | 3,028
Charge-offs | 420 | 771 | 1,442 | 1,656
Recoveries | 94 | 295 | 148 | 359
Provision For Loan And Lease Losses | 24 | 508 | 426 | 892
Balance at end of period | 2,357 | 2,623 | 2,357 | 2,623
Acquired BBVAPR Accounted for under ASC 310-20 [Member] | Auto Loan [Member] |  |  |  |
Financing Receivable, Allowance for Credit Losses [Roll Forward] |  |  |  |
Balance at beginning of period | 488 | 841 | 595 | 1,103
Charge-offs | 88 | 205 | 213 | 483
Recoveries | 244 | 597 | 472 | 1,049
Provision For Loan And Lease Losses | (361) | (549) | (571) | (985)
Balance at end of period | 283 | 684 | 283 | 684
Originated Loan [Member] |  |  |  |
Financing Receivable, Allowance for Credit Losses [Roll Forward] |  |  |  |
Balance at beginning of period | 96,832 | 60,483 | 92,718 | 59,300
Charge-offs | 21,662 | 18,790 | 37,023 | 32,945
Recoveries | 6,213 | 5,155 | 10,730 | 8,760
Provision For Loan And Lease Losses | 12,835 | 22,818 | 27,793 | 34,551
Balance at end of period | 94,218 | 69,666 | 94,218 | 69,666
Originated Loan [Member] | Mortgage Loan [Member] |  |  |  |
Financing Receivable, Allowance for Credit Losses [Roll Forward] |  |  |  |
Balance at beginning of period | 18,983 | 18,578 | 20,439 | 17,344
Charge-offs | 1,328 | 2,162 | 2,298 | 4,541
Recoveries | 466 | 63 | 786 | 119
Provision For Loan And Lease Losses | 1,202 | 2,185 | 396 | 5,742
Balance at end of period | 19,323 | 18,664 | 19,323 | 18,664
Originated Loan [Member] | Commercial Loan [Member] |  |  |  |
Financing Receivable, Allowance for Credit Losses [Roll Forward] |  |  |  |
Balance at beginning of period | 33,174 | 9,888 | 30,258 | 8,995
Charge-offs | 1,998 | 4,841 | 3,147 | 5,697
Recoveries | 227 | 136 | 409 | 226
Provision For Loan And Lease Losses | 77 | 12,096 | 3,960 | 13,755
Balance at end of period | 31,480 | 17,279 | 31,480 | 17,279
Originated Loan [Member] | Consumer Loan [Member] |  |  |  |
Financing Receivable, Allowance for Credit Losses [Roll Forward] |  |  |  |
Balance at beginning of period | 18,023 | 13,394 | 16,454 | 13,067
Charge-offs | 4,588 | 4,012 | 8,847 | 7,368
Recoveries | 240 | 780 | 479 | 945
Provision For Loan And Lease Losses | 2,517 | 4,819 | 8,106 | 8,337
Balance at end of period | 16,192 | 14,981 | 16,192 | 14,981
Originated Loan [Member] | Auto and Leasing |  |  |  |
Financing Receivable, Allowance for Credit Losses [Roll Forward] |  |  |  |
Balance at beginning of period | 26,652 | 18,621 | 25,567 | 19,463
Charge-offs | 13,748 | 7,775 | 22,731 | 15,339
Recoveries | 5,280 | 4,176 | 9,056 | 7,470
Provision For Loan And Lease Losses | 9,039 | 3,720 | 15,331 | 7,148
Balance at end of period | 27,223 | 18,742 | 27,223 | 18,742
Originated Loan [Member] | Unallocated Financing Receivables |  |  |  |
Financing Receivable, Allowance for Credit Losses [Roll Forward] |  |  |  |
Balance at beginning of period |  | 2 | 0 | 431
Charge-offs |  | 0 |  | 0
Recoveries |  | 0 |  | 0
Provision For Loan And Lease Losses |  | (2) |  | (431)
Balance at end of period |  | 0 |  | 0
Acquired loans [Member] | Acquired BBVAPR accounted under ASC 310-30 [Member] |  |  |  |
Financing Receivable, Allowance for Credit Losses [Roll Forward] |  |  |  |
Balance at beginning of period | 43,166 | 34,930 | 45,755 | 31,056
Provision For Loan And Lease Losses | 1,542 | 3,365 | 1,721 | 7,696
Allowance de-recognition from new policy | (532) | (801) | (3,300) | (1,258)
Balance at end of period | 44,176 | 37,494 | 44,176 | 37,494
Acquired loans [Member] | Acquired BBVAPR accounted under ASC 310-30 [Member] | Mortgage Loan [Member] |  |  |  |
Financing Receivable, Allowance for Credit Losses [Roll Forward] |  |  |  |
Balance at beginning of period | 14,331 | 3,573 | 14,085 | 2,682
Provision For Loan And Lease Losses | 236 | 630 | 550 | 1,552
Allowance de-recognition from new policy | 0 | (62) | (68) | (93)
Balance at end of period | 14,567 | 4,141 | 14,567 | 4,141
Acquired loans [Member] | Acquired BBVAPR accounted under ASC 310-30 [Member] | Commercial Loan [Member] |  |  |  |
Financing Receivable, Allowance for Credit Losses [Roll Forward] |  |  |  |
Balance at beginning of period | 22,047 | 23,528 | 23,691 | 23,452
Provision For Loan And Lease Losses | 1,306 | 2,735 | 2,058 | 2,958
Allowance de-recognition from new policy | (334) | (649) | (2,730) | (796)
Balance at end of period | 23,019 | 25,614 | 23,019 | 25,614
Acquired loans [Member] | Acquired BBVAPR accounted under ASC 310-30 [Member] | Consumer Loan [Member] |  |  |  |
Financing Receivable, Allowance for Credit Losses [Roll Forward] |  |  |  |
Balance at beginning of period | 18 |  | 18 |
Provision For Loan And Lease Losses | 0 |  | 0 |
Allowance de-recognition from new policy | 0 |  | 0 |
Balance at end of period | 18 |  | 18 |
Acquired loans [Member] | Acquired BBVAPR accounted under ASC 310-30 [Member] | Auto Loan [Member] |  |  |  |
Financing Receivable, Allowance for Credit Losses [Roll Forward] |  |  |  |
Balance at beginning of period | 6,770 | 7,829 | 7,961 | 4,922
Provision For Loan And Lease Losses | 0 | 0 | (887) | 3,186
Allowance de-recognition from new policy | (198) | (90) | (502) | (369)
Balance at end of period | $ 6,572 | $ 7,739 | $ 6,572 | $ 7,739

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 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=84173941&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 recovery of financing receivables doubtful of collection that were previously charged off. + 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)(4) -URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953423-111524 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
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_FinancingReceivableAllowanceForCreditLossesRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

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=84173941&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=98514028&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=84173941&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_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_AcquiredNonAcquiredLoansByInstitutionAxis=ofg_NonAcquiredLoanMember
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: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=ofg_AutoAndLeasingLoansReceivableMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_UnallocatedFinancingReceivablesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ofg_AcquiredNonAcquiredLoansByInstitutionAxis=ofg_AcquiredLoansMember
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: |