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FORECLOSED REAL ESTATE
 9 Months Ended
Sep. 30, 2022
Other Real Estate [Abstract]  
FORECLOSED REAL ESTATE FORECLOSED REAL ESTATE
The following tables present the activity related to foreclosed real estate for the quarters and nine-month periods ended September 30, 2022 and 2021:
Quarter Ended September 30,Nine-Month Period Ended September 30,
2022202120222021
(In thousands)
Balance at beginning of period$15,061 $15,093 $15,039 $11,596 
Additions1,454 4,842 7,183 14,386 
Sales(3,919)(5,978)(11,866)(11,499)
Decline in value(322)(445)(736)(1,205)
Other adjustments2,287 392 4,941 626 
Balance at end of period$14,561 $13,904 $14,561 $13,904 

After Hurricane Fiona, management has evaluated the potential impact this event brought to OFG’s foreclosed real estate. Oriental has performed property inspections and taking into consideration all available information, the fair value of these properties was not materially impacted.