XML 120 R109.htm IDEA: XBRL DOCUMENT v3.21.2

Commitments and Contingencies (Summarized Credit-Related Financial Instruments) (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Commitments and Contingencies [Abstract]
Commitments to extend credit	$ 1,229,975	$ 1,133,503
Commercial letters of credit	519	225
Standby letters of credit and financial guarantees	36,307	19,476
Loans sold with recourse	$ 128,124	$ 135,252

X

- Definition

Amount of the contingent obligation under letters of credit.

+ References

No definition available.

+ Details

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

X

- Definition

Loan commitments are legally binding commitments to extend credit to a counterparty under certain terms and conditions.

+ References

No definition available.

+ Details

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

X

- Definition

Commitments to borrowers or third party investors for the origination of a loan.

+ References

No definition available.

+ Details

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

X

- Definition

An irrevocable undertaking (typically by a financial institution) to guarantee payment of a specified financial obligation.

+ References

No definition available.

+ Details

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

X

- References

No definition available.

+ Details

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