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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, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income $ 166,239 $ 146,151 $ 74,327
Adjustments to reconcile net income to net cash provided by operating activities:      
Early extinguishment of debt (42) 1,481 63
Stock-based compensation 4,185 6,245 2,170
Deferred income tax, net 61,126 63,616 27,846
Net (increase) decrease in other assets 35,371 (9,051) (7,184)
Net increase (decrease) in accrued expenses and other liabilities (34,151) 18,383 (17,436)
Net cash provided by operating activities 164,456 100,044 34,960
Cash flows from investing activities:      
Proceeds from sales of premises and equipment 4,784 570 52
Additions to premises and equipment (30,999) (23,053) (15,263)
Net cash (used in) provided by investing activities (1,512,937) (182,934) 757,501
Cash flows from financing activities:      
Subordinated capital notes (34,958) 0 0
Exercise of stock options and restricted units lapsed, net (906) 283 583
Redemption of preferred stock 0 (92,000) 0
Net cash (used in) provided by financing activities (124,705) (49,037) 510,359
Net change in cash, cash equivalents and restricted cash (1,473,186) (131,927) 1,302,820
Cash and cash equivalents at beginning of year 2,014,523 2,142,294  
Cash and cash equivalents at end of year 546,146 2,014,523 2,142,294
Parent Company      
Cash flows from operating activities:      
Net income 166,239 146,151 74,327
Adjustments to reconcile net income to net cash provided by operating activities:      
Early extinguishment of debt (42) 0 0
Stock-based compensation 652 940 2,170
Deferred income tax, net 1,703 10 (2,637)
Net (increase) decrease in other assets 18,829 (13,471) 12
Net increase (decrease) in accrued expenses and other liabilities (488) 950 (486)
Net cash provided by operating activities 165,858 191,865 33,845
Cash flows from investing activities:      
Net increase in due from bank subsidiary, net 0 0 (1,984)
Proceeds from sales of premises and equipment 0 240 282
Additions to premises and equipment (233) (288) (295)
Net cash (used in) provided by investing activities (233) (9,348) (12,713)
Cash flows from financing activities:      
Subordinated capital notes (34,958) 0 0
Exercise of stock options and restricted units lapsed, net (906) 283 583
Purchase of treasury stock (64,110) (49,872) (2,226)
Redemption of preferred stock 0 (92,000) 0
Dividends paid (30,090) (20,973) (20,892)
Net cash (used in) provided by financing activities (130,064) (162,562) (22,535)
Net change in cash, cash equivalents and restricted cash 35,561 19,955 (1,403)
Cash and cash equivalents at beginning of year 46,484 26,529 27,932
Cash and cash equivalents at end of year 82,045 46,484 26,529
Bank subsidiary      
Cash flows from operating activities:      
Net income 162,236 144,089 74,899
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in earnings (162,236) (144,089) (74,899)
Dividends from subsidiary 140,000 197,000 26,100
Cash flows from investing activities:      
Capital contribution to subsidiary 0 0 (1,703)
Nonbank subsidiaries      
Cash flows from operating activities:      
Net income 8,299 6,626 273
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in earnings (8,299) (6,626) (273)
Dividends from subsidiary 9,500 11,000 9,531
Cash flows from investing activities:      
Capital contribution to subsidiary $ 0 $ (9,300) $ (9,013)