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REGULATORY CAPITAL REQUIREMENTS (Details) $ in Thousands | Sep. 30, 2022 USD ($) | Dec. 31, 2021 USD ($)
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OFG Bancorp |  |
Amount |  |
Actual - Total capital to risk-weighted assets | $ 1,088,584 | $ 1,086,897
Actual - Tier 1 capital to risk-weighted assets | 995,342 | 999,284
Actual - Common equity tier 1 capital to risk-weighted assets | 995,342 | 964,284
Actual - Tier 1 capital to average total assets | 995,342 | 999,284
Minimum Capital Requirement - Total capital to risk-weighted assets | 781,251 | 735,512
Minimum Capital Requirement - Tier 1 capital to risk-weighted assets | 632,441 | 595,414
Minimum Capital Requirement - Common equity tier 1 capital to risk-weighted assets | 520,834 | 490,341
Minimum Capital Requirement - Tier 1 capital to average total assets | 405,324 | 412,359
Minimum to be Well Capitalized - Total capital to risk-weighted assets | 744,048 | 700,488
Minimum to be Well Capitalized - Tier 1 capital to risk-weighted assets | 595,239 | 560,390
Minimum to be Well Capitalized - Common equity tier 1 capital to risk-weighted assets | 483,631 | 455,317
Minimum to be Well Capitalized - Tier 1 capital to average total assets | $ 506,655 | $ 515,449
Ratio |  |
Actual - total capital to risk-weighted assets | 0.1463 | 0.1552
Actual - Tier 1 capital to risk-weighted assets | 0.1338 | 0.1427
Actual - Common equity tier 1 capital to risk-weighted assets | 13.38% | 13.77%
Actual - Tier 1 capital to average total assets | 0.0982 | 0.0969
Minimum Capital Requirement - Total capital to risk-weighted assets | 0.1050 | 0.1050
Minimum Capital Requirement - Tier 1 capital to risk-weighted assets | 0.0850 | 0.0850
Minimum Capital Requirement - Common equity tier 1 capital to risk-weighted assets | 7.00% | 7.00%
Minimum Capital Requirement - Tier 1 capital to average total assets | 0.0400 | 0.0400
Minimum to be Well Capitalized - Total capital to risk-weighted assets | 0.1000 | 0.1000
Minimum to be Well Capitalized - Tier 1 capital to risk-weighted assets | 0.0800 | 0.0800
Minimum to be Well Capitalized - Common equity tier 1 capital to risk-weighted assets | 6.50% | 6.50%
Minimum to be Well Capitalized - Tier 1 capital to average total assets | 0.0500 | 0.0500
Bank |  |
Amount |  |
Actual - Total capital to risk-weighted assets | $ 1,018,214 | $ 995,549
Actual - Tier 1 capital to risk-weighted assets | 925,532 | 908,717
Actual - Common equity tier 1 capital to risk-weighted assets | 925,532 | 908,717
Actual - Tier 1 capital to average total assets | 925,532 | 908,717
Minimum Capital Requirement - Total capital to risk-weighted assets | 776,492 | 728,867
Minimum Capital Requirement - Tier 1 capital to risk-weighted assets | 628,589 | 590,035
Minimum Capital Requirement - Common equity tier 1 capital to risk-weighted assets | 517,662 | 485,911
Minimum Capital Requirement - Tier 1 capital to average total assets | 402,755 | 409,855
Minimum to be Well Capitalized - Total capital to risk-weighted assets | 739,517 | 694,159
Minimum to be Well Capitalized - Tier 1 capital to risk-weighted assets | 591,613 | 555,327
Minimum to be Well Capitalized - Common equity tier 1 capital to risk-weighted assets | 480,686 | 451,203
Minimum to be Well Capitalized - Tier 1 capital to average total assets | $ 503,443 | $ 512,319
Ratio |  |
Actual - total capital to risk-weighted assets | 0.1377 | 0.1434
Actual - Tier 1 capital to risk-weighted assets | 0.1252 | 0.1309
Actual - Common equity tier 1 capital to risk-weighted assets | 12.52% | 13.09%
Actual - Tier 1 capital to average total assets | 0.0919 | 0.0887
Minimum Capital Requirement - Total capital to risk-weighted assets | 0.1050 | 0.1050
Minimum Capital Requirement - Tier 1 capital to risk-weighted assets | 0.0850 | 0.0850
Minimum Capital Requirement - Common equity tier 1 capital to risk-weighted assets | 7.00% | 7.00%
Minimum Capital Requirement - Tier 1 capital to average total assets | 0.0400 | 0.0400
Minimum to be Well Capitalized - Total capital to risk-weighted assets | 0.1000 | 0.1000
Minimum to be Well Capitalized - Tier 1 capital to risk-weighted assets | 0.0800 | 0.0800
Minimum to be Well Capitalized - Common equity tier 1 capital to risk-weighted assets | 6.50% | 6.50%
Minimum to be Well Capitalized - Tier 1 capital to average total assets | 0.0500 | 0.0500

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