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Regulatory Capital Requirements (Tables)
12 Months Ended
Dec. 31, 2020
Regulatory Capital Requirements [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements Under Banking Regulations

 

 

 

 

 

 

Minimum Capital

 

 

 

 

 

 

 

 

 

 

 

Requirement (including

 

Minimum to be Well

 

Actual

 

capital conservation buffer)

 

Capitalized

 

Amount

 

Ratio

 

Amount

 

Ratio

 

 

Amount

 

Ratio

 

(Dollars in thousands)

OFG Bancorp Ratios

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total capital to risk-weighted assets

$

1,096,766

 

16.04%

 

$

717,974

 

10.50%

 

$

683,785

 

10.00%

Tier 1 capital to risk-weighted assets

$

1,010,945

 

14.78%

 

$

581,217

 

8.50%

 

$

547,028

 

8.00%

Common equity tier 1 capital to risk-weighted assets

$

894,075

 

13.08%

 

$

478,649

 

7.00%

 

$

444,460

 

6.50%

Tier 1 capital to average total assets

$

1,010,945

 

10.30%

 

$

392,424

 

4.00%

 

$

490,530

 

5.00%

As of December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total capital to risk-weighted assets

$

937,962

 

13.91%

 

$

707,789

 

10.50%

 

$

674,085

 

10.00%

Tier 1 capital to risk-weighted assets

$

852,311

 

12.64%

 

$

572,972

 

8.50%

 

$

539,268

 

8.00%

Common equity tier 1 capital to risk-weighted assets

$

735,441

 

10.91%

 

$

471,859

 

7.00%

 

$

438,155

 

6.50%

Tier 1 capital to average total assets

$

852,311

 

9.24%

 

$

369,151

 

4.00%

 

$

461,438

 

5.00%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Minimum Capital

 

 

 

 

 

 

 

 

 

 

 

Requirement (including

 

Minimum to be Well

 

Actual

 

capital conservation buffer)

 

Capitalized

 

Amount

 

Ratio

 

Amount

 

Ratio

 

Amount

 

Ratio

 

(Dollars in thousands)

Bank Ratios

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total capital to risk-weighted assets

$

1,044,275

 

15.32%

 

$

714,480

 

10.50%

 

$

680,457

 

10.00%

Tier 1 capital to risk-weighted assets

$

786,731

 

14.06%

 

$

578,388

 

8.50%

 

$

544,366

 

8.00%

Common equity tier 1 capital to risk-weighted assets

$

956,845

 

14.06%

 

$

476,320

 

7.00%

 

$

442,297

 

6.50%

Tier 1 capital to average total assets

$

956,845

 

9.81%

 

$

390,304

 

4.00%

 

$

487,879

 

5.00%

As of December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total capital to risk-weighted assets

$

898,812

 

13.36%

 

$

706,800

 

10.50%

 

$

672,848

 

10.00%

Tier 1 capital to risk-weighted assets

$

813,444

 

12.09%

 

$

572,230

 

8.50%

 

$

538,279

 

8.00%

Common equity tier 1 capital to risk-weighted assets

$

813,444

 

12.09%

 

$

471,303

 

7.00%

 

$

437,351

 

6.50%

Tier 1 capital to average total assets

$

813,444

 

8.85%

 

$

367,537

 

4.00%

 

$

459,421

 

5.00%