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Borrowings and Related Interest (Tables) | 12 Months Ended
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Dec. 31, 2018
Debt Instruments [Abstract] |
Schedule of Repurchase Agreements | The following table shows Oriental’s repurchase agreements, excluding accrued interest in the amount of $785 thousand and $369 thousand, respectively, at December 31, 2018 and 2017:
| December 31,
| 2018 |  | 2017
| (In thousands)
Short-term fixed-rate repurchase agreements, interest ranging from 2.45% to 2.95% | $ | 214,723 |  | $ | -
Long-term fixed-rate repurchase agreements, interest ranging from 1.42% to 2.86% (December 31, 2017: 1.42% to 1.85%) |  | 240,000 |  |  | 192,500
Total assets sold under agreements to repurchase | $ | 454,723 |  | $ | 192,500
Schedule of Repurchase Agreement by Maturity | Repurchase agreements mature as follows:
| December 31, |
| 2018 |  | 2017
| (In thousands) |
Less than 90 days | $ | 214,723 |  | $ | - |
Over 90-days |  | 240,000 |  |  | 192,500 |
Total | $ | 454,723 |  | $ | 192,500 |
Schedule Of Underlying Assets Of Repurchase Agreements | The following securities were sold under agreements to repurchase:
| December 31, 2018
| Amortized |  |  |  | Approximate |  | Weighted
| Cost of |  |  |  | Fair Value |  | Average
| Underlying |  | Balance of |  | of Underlying |  | Interest Rate
Underlying Securities | Securities |  | Borrowing |  | Securities |  | of Security
| (Dollars in thousands)
FNMA and FHLMC Certificates | $ | 496,814 |  | $ | 454,723 |  | $ | 487,181 |  |  | 3.01%
Total | $ | 496,814 |  | $ | 454,723 |  | $ | 487,181 |  |  | 3.01%
| December 31, 2017
| Amortized |  |  |  | Approximate |  | Weighted
| Cost of |  |  |  | Fair Value |  | Average
| Underlying |  | Balance of |  | of Underlying |  | Interest Rate
Underlying Securities | Securities |  | Borrowing |  | Securities |  | of Security
| (Dollars in thousands)
FNMA and FHLMC Certificates | $ | 207,506 |  | $ | 192,500 |  | $ | 205,483 |  |  | 3.03%
Total | $ | 207,506 |  | $ | 192,500 |  | $ | 205,483 |  |  | 3.03%
Repurchased Agreements Other Significant Data | The following summarizes significant data on securities sold under agreements to repurchase as of December 31, 2018, 2017 and 2016, excluding accrued interest:
| December 31,
| 2018 |  | 2017 |  | 2016
| (In thousands)
Average daily aggregate balance outstanding | $ | 357,086 |  | $ | 393,133 |  | $ | 663,845
Maximum outstanding balance at any month-end | $ | 457,053 |  | $ | 606,210 |  | $ | 902,500
Weighted average interest rate during the year |  | 2.17% |  |  | 1.80% |  |  | 2.83%
Weighted average interest rate at year end |  | 2.49% |  |  | 1.63% |  |  | 2.47%
Summary of Federal Home Loan Bank Advances | The following table shows a summary of the advances and their terms, excluding acc rued interest in the amount of $176 thousand and $322 thousand, at December 31, 2018 and 2017, respectively:
|  |  | December 31
|  |  | 2018 |  | 2017
|  |  | (In thousands)
Short-term fixed-rate advances from FHLB, with a weighted average interest rate of 2.61% (December 31, 2017 - 1.49%) |  |  | 33,572 |  | 35,113
Long-term fixed-rate advances from FHLB, with a weighted average interest rate of 2.89% (December 31, 2017 - 2.24%) |  |  | 43,872 |  | 64,208
|  | $ | 77,444 |  | 99,321
Federal Home Loan Bank Advances, Maturities Summary | Advances from FHLB mature as follows:
|  |  | December 31,
|  |  | 2018
|  |  | (In thousands)
Under 90 days |  |  | 33,572
Over one to three years |  |  | 8,867
Over three to five years |  |  | 35,005
|  | $ | 77,444

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