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OFG Bancorp (Holding Company Only) Financial Information (Condensed Statement of Cash Flows Information) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income $ 146,151 $ 74,327 $ 53,841
Adjustments to reconcile net income to net cash provided by operating activities:      
Stock-based compensation 6,245 2,170 2,134
Deferred income tax, net 63,616 27,846 (4,068)
Net (increase) decrease in other assets (9,053) (7,199) (1,957)
Net increase (decrease) in accrued expenses and other liabilities 18,383 (17,436) (27,761)
Net cash provided by operating activities 100,044 34,960 109,617
Cash flows from investing activities:      
Proceeds from Sale of Property, Plant, and Equipment 570 52 2,225
Additions to premises and equipment (23,053) (15,263) (12,966)
Net cash (used in) provided by investing activities (182,934) 757,501 842,173
Cash flows from financing activities:      
Proceeds from (payments to) exercise of stock options and lapsed restricted units, net 283 583 1,294
Redemption of preferred stock (92,000) 0 0
Net cash (used in) provided by financing activities (49,037) 510,359 (549,096)
Net change in cash, cash equivalents and restricted cash (131,927) 1,302,820 402,694
Cash and cash equivalents at beginning of year 2,142,294 844,532  
Cash and cash equivalents at end of year 2,014,523 2,142,294 844,532
Parent Company      
Cash flows from operating activities:      
Net income 146,151 74,327 53,841
Adjustments to reconcile net income to net cash provided by operating activities:      
Stock-based compensation 940 2,170 2,134
Deferred income tax, net 10 (2,637) 0
Net (increase) decrease in other assets (13,471) 12 458
Net increase (decrease) in accrued expenses and other liabilities 950 (486) 64
Net cash provided by operating activities 191,865 33,845 23,576
Cash flows from investing activities:      
Net increase in due from bank subsidiary, net 0 (1,984) 0
Net Increase Decrease In Due To Subsidiary, Net 0 0 (14)
Proceeds from Sale of Property, Plant, and Equipment 240 282 310
Additions to premises and equipment (288) (295) (319)
Net cash (used in) provided by investing activities (9,348) (12,713) (15,261)
Cash flows from financing activities:      
Proceeds from (payments to) exercise of stock options and lapsed restricted units, net 283 583 1,294
Purchase of treasury stock (49,872) 2,226 0
Redemption of preferred stock (92,000) 0 0
Dividends paid (20,973) (20,892) (20,884)
Net cash (used in) provided by financing activities (162,562) (22,535) (19,590)
Net change in cash, cash equivalents and restricted cash 19,955 (1,403) (11,275)
Cash and cash equivalents at beginning of year 26,529 27,932 39,207
Cash and cash equivalents at end of year 46,484 26,529 27,932
Bank subsidiary      
Cash flows from operating activities:      
Net income 144,089 74,899 56,114
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in earnings from subsidiary 144,089 74,899 56,114
Dividends from subsidiary 197,000 26,100 20,000
Cash flows from investing activities:      
Capital contribution to banking subsidiary 0 (1,703) (1,720)
Nonbank subsidiaries      
Cash flows from operating activities:      
Net income 6,626 273 2,824
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in earnings from subsidiary 6,626 273 2,824
Dividends from subsidiary 11,000 9,531 6,017
Cash flows from investing activities:      
Capital contribution to banking subsidiary $ (9,300) $ (9,013) $ (13,518)