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Regulatory Capital Requirements (Tables)

12 Months Ended

Dec. 31, 2021

Capital Disclosure [Abstract]

Schedule of Compliance with Regulatory Capital Requirements Under Banking Regulations

OFG’s and the Bank’s actual capital amounts and ratios as of December 31, 2021 and 2020 are as follows:

			Actual												Minimum Capital Requirement (including capital conservation buffer)												Minimum to be Well Capitalized
			Amount						Ratio						Amount						Ratio						Amount						Ratio
			(Dollars in thousands)
OFG Bancorp Ratios
As of December 31, 2021
Total capital to risk-weighted assets			$	1,086,897					15.52		%				$	735,512					10.50		%				$	700,488					10.00		%
Tier 1 capital to risk-weighted assets			$	999,284					14.27		%				$	595,414					8.50		%				$	560,390					8.00		%
Common equity tier 1 capital to risk-weighted assets			$	964,284					13.77		%				$	490,341					7.00		%				$	455,317					6.50		%
Tier 1 capital to average total assets			$	999,284					9.69		%				$	412,359					4.00		%				$	515,449					5.00		%
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		%

			Actual												Minimum Capital Requirement (including capital conservation buffer)												Minimum to be Well Capitalized
			Amount						Ratio						Amount						Ratio						Amount						Ratio
			(Dollars in thousands)
Bank Ratios
As of December 31, 2021
Total capital to risk-weighted assets			$	995,549					14.34		%				$	728,867					10.50		%				$	694,159					10.00		%
Tier 1 capital to risk-weighted assets			$	908,717					13.09		%				$	590,035					8.50		%				$	555,327					8.00		%
Common equity tier 1 capital to risk-weighted assets			$	908,717					13.09		%				$	485,911					7.00		%				$	451,203					6.50		%
Tier 1 capital to average total assets			$	908,717					8.87		%				$	409,855					4.00		%				$	512,319					5.00		%
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		%

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- References

No definition available.

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- Definition

Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958570-112826

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826

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