XML 131 R21.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Accrued Interest Receivable and Other Assets | 12 Months Ended
--- | ---
Dec. 31, 2019
Accrued Interest Receivable And Other Assets [Abstract] |
Accrued Interest Receivable And Other Assets | NOTE 14 — ACCRUED INTEREST RECEIVABLE AND OTHER ASSETS Accrued interest receivable at December 31, 2019 and 2018 consists of the following:
| December 31,
| 2019 |  | 2018
| (In thousands)
Loans, excluding acquired loans | $ | 32,728 |  | $ | 30,409
Investments |  | 4,053 |  |  | 3,845
| $ | 36,781 |  | $ | 34,254
O ther assets at December 31, 2019 and 2018 consist of the following:
| December 31,
| 2019 |  | 2018
| (In thousands)
Prepaid expenses | $ | 52,558 |  | $ | 9,788
Other repossessed assets |  | 3,327 |  |  | 2,986
Tax credits |  | 277 |  |  | 2,277
Investment in Statutory Trust |  | 1,083 |  |  | 1,083
Accounts receivable and other assets |  | 78,594 |  |  | 37,842
| $ | 135,839 |  | $ | 53,976
Prepaid expenses amounting to $52.6 million at December 31, 2019, include prepaid municipal, property and income taxes aggregating to $45.3 million from which $31.9 million correspond to the Scotiabank PR & USVI Acquisition. At December 31, 2018 prepaid expenses amounted to $9.8 million, including prepaid municipal, property and income taxes aggregating to $5.5 million. Other repossessed assets totaled $3.3 million and $3.0 million at December 31, 2019 and 2018, respectively, that consist mai nly of repossessed automobiles, which are recorded at their net realizable value. At December 31, 2019 and 2018, tax credits for Oriental totaled $277 thousand and $2.3 million, respectively. These tax credits do not have an expiration date.

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

X
- Definition The entire disclosure for other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
Name: | us-gaap_OtherAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration