XML 67 R121.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Deposits and Related Interest (Narratives) (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017
Deposits [Abstract] |  |  |
Weighted Average Rate Domestic Deposit | 0.86% | 0.67% |
Time Deposits, $250,000 or More | $ 692,100 | $ 346,000 |
Public Fund Time Deposits, $250,000 or more | $ 257,200 | $ 19,600 |
Public Fund Time Deposits Weighted Average Rate, $250,000 or more | 67.00% | 116.40% |
Public funds deposit | $ 278,700 | $ 207,400 |
Public Fund Collateral Investments | 320,800 | 281,200 |
Accrued Interest, Time Deposits | 11,700 |  |
Bank Overdrafts | 1,000 | 1,100 |
Brokered Certificates of Deposits | 222,100 | 500,800 |
Brokered Money Market Deposit | 21,400 | 24,300 |
Brokered securities sold | 277,700 |  |
Time Deposits [Line Items] |  |  |
Core Deposits | 7,455,112 | 4,383,018 |
Carrying value of securities sold | 672,192 | $ 17,837 | $ 250,100
Scotiabank PR & USVI Acquisition [Member] |  |  |
Time Deposits [Line Items] |  |  |
Core Deposits | 3,000,000 |  |
Carrying value of securities sold | $ 672,200 |  |

X
- References No definition available. + Details
Name: | ofg_AvailableForSaleSecuritiesSoldBookValue
Namespace Prefix: | ofg_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Brokered certificates of deposits included in non-core deposits. + References No definition available. + Details
Name: | ofg_BrokeredCertificatesOfDeposits
Namespace Prefix: | ofg_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- References No definition available. + Details
Name: | ofg_BrokeredSecuritiesSoldBookValue
Namespace Prefix: | ofg_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Investments pledged as collateral to secure PR public fund deposits. + References No definition available. + Details
Name: | ofg_PublicFundCollateralInvestments
Namespace Prefix: | ofg_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Balance of Puerto Rico public fund deposits of $250,000 or more in the deposits portfolio. + References No definition available. + Details
Name: | ofg_PublicFundTimeDeposits
Namespace Prefix: | ofg_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Weighted average interest rate of PR public fund deposits of $250,000 or more. + References No definition available. + Details
Name: | ofg_PublicFundTimeDepositsWeightedAverageRate
Namespace Prefix: | ofg_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Public funds deposits are derived from a variety of political subdivisions such as municipalities + References No definition available. + Details
Name: | ofg_PublicFundsDeposit
Namespace Prefix: | ofg_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- References No definition available. + Details
Name: | ofg_TimeDeposits1LineItems
Namespace Prefix: | ofg_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Carrying value as of the balance sheet date of payments made in excess of existing cash balances, which will be honored by the bank but reflected as a loan to the entity. Overdrafts generally have a very short time frame for correction or repayment and are therefore more similar to short-term bank financing than trade financing. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 45 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=99376301&loc=d3e1243-112600 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.20) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_BankOverdrafts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of accrued but unpaid interest on deposit liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.15(5)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
Name: | us-gaap_DepositLiabilitiesAccruedInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

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

X
- Definition Amount of deposits in accounts that offer many of the same services as checking accounts although transactions may be somewhat more limited, share some of the characteristics of a money market fund and are insured by the Federal government, also known as money market accounts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
Name: | us-gaap_DepositsMoneyMarketDeposits
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The aggregate amount of all retail deposit accounts including demand accounts, savings accounts, and certificates of deposit. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
Name: | us-gaap_DepositsRetail
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of time deposit liabilities, including certificates of deposit, in denominations of $100,000 or more. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher SEC -Name Industry Guide -Number 3 -Section V -Paragraph D-E + Details
Name: | us-gaap_TimeDeposits100000OrMore
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Weighted average interest rate calculated at point in time for domestic deposit liability. + References No definition available. + Details
Name: | us-gaap_WeightedAverageRateDomesticDeposit
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=ofg_ScotiabankPrUsviAcquisitionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |