XML 82 R71.htm IDEA: XBRL DOCUMENT v3.20.2

Loans (Narratives) (Details) - USD ($)	Jun. 26, 2019	Sep. 30, 2020	Dec. 31, 2019	Sep. 30, 2019
Loans And Leases Receivable Disclosure [Line Items]
Originated loans granted to Puerto Rico government		$ 121,900,000	$ 134,000,000.0
Financing receivable modifications. recorded investment not included in non-accrual		98,700,000	103,700,000
Balance of revolving loans converted to term loans, amount		25,200,000
Commitment to lend additional funds		0		$ 0
Loan deferral amount, pandemic related		135,000,000
Loans		6,759,927,000	4,726,493,000
Allowance for loan and lease losses		235,313,000	116,539,000
Allowance for loan and lease losses, loans acquired	$ 0
Mortgage Loans - GNMA Buy-Back Option Program [Member]
Loans And Leases Receivable Disclosure [Line Items]
Delinquent loans		62,700,000	75,200,000
Granted To Puerto Rico Government [Member]
Loans And Leases Receivable Disclosure [Line Items]
Loans		97,800,000	129,900,000
One Loan, Public Corporation Acquired [Member]
Loans And Leases Receivable Disclosure [Line Items]
Loans		24,100,000	$ 4,100,000
Allowance for loan and lease losses		$ 20,000,000.0

X

- Definition

The amount of the outstanding recorded investment related to financing receivables that have been modified by troubled debt restructurings, and are not in non-accrual status.

+ References

No definition available.

+ Details

Name:	ofg_FinancingReceivableModificationsRecordedInvestmentNotIncludedInNonAccrual
Namespace Prefix:	ofg_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Loan Deferral Amount, Pandemic Related

+ References

No definition available.

+ Details

Name:	ofg_LoanDeferralAmountPandemicRelated
Namespace Prefix:	ofg_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Total amount of loans granted to Puerto Rico Government as part of the institutional commercial loan segment.

+ References

No definition available.

+ Details

Name:	ofg_LoansGrantedToPuertoRicoGovernment
Namespace Prefix:	ofg_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

Revolving Loans Converted To Term Loans Amount

+ References

No definition available.

+ Details

Name:	ofg_RevolvingLoansConvertedToTermLoansAmount
Namespace Prefix:	ofg_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Amount of addition to allowance reserve for credit loss arising from purchase of loan and lease portfolios.

+ 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 210.9-03.7(d))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=118936363&loc=d3e5212-111524

+ Details

Name:	us-gaap_AllowanceForLoanAndLeaseLossesLoansAcquired
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

This is the principal amount of loans (across all types of loans) that are overdue in payment by a set number of days.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 20
-Section 50
-Paragraph 4
-Subparagraph (e)(4)
-URI http://asc.fasb.org/extlink&oid=118948506&loc=d3e107314-111719

+ Details

Name:	us-gaap_DelinquentAmountAtEndOfPeriodOnLoansManagedAndSecuritized
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Amount of allowance to cover probable credit losses on loans and leases. Includes carryover of or adjustments to the allowance for loan losses in connection with business combinations. Excludes allowance for loans and leases covered under loss sharing agreements.

+ 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 210.9-03.7(d))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-Subparagraph (g)
-URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953423-111524

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (b)(1)(ii)
-URI http://asc.fasb.org/extlink&oid=118939070&loc=d3e15032-111544

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953423-111524

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB Topic 6.L.1)
-URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74567-122707

+ Details

Name:	us-gaap_LoansAndLeasesReceivableAllowance
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_LoansAndLeasesReceivableDisclosureLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Amount before allowance of loans and leases held in portfolio, including but not limited to, commercial and consumer loans. Includes deferred interest and fees, undisbursed portion of loan balance, unamortized costs and premiums and discounts from face amounts. Excludes loans and leases covered under loss sharing agreements.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=118952595&loc=d3e4428-111522

+ Details

Name:	us-gaap_LoansAndLeasesReceivableGrossCarryingAmount
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Amount of unfunded portion of contractual agreement to lend funds to borrower for financing receivable modified as troubled debt restructuring.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 40
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=118939409&loc=d3e18794-111554

+ Details

Name:	us-gaap_LoansAndLeasesReceivableImpairedCommitmentToLend
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=ofg_MortagageLoansGnmaBuyBackOptionProgramMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=ofg_GrantedToPuertoRicoGovernmentMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=ofg_OneLoanPublicCorporationAcquiredMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: