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REGULATORY CAPITAL REQUIREMENTS (Details) $ in Thousands | Mar. 31, 2023 USD ($) | Dec. 31, 2022 USD ($)
--- | --- | ---
OFG Bancorp |  |
Amount |  |
Actual - Total capital to risk-weighted assets | $ 1,158,744 | $ 1,132,658
Actual - Tier 1 capital to risk-weighted assets | 1,063,919 | 1,037,385
Actual - Common equity tier 1 capital to risk-weighted assets | 1,063,919 | 1,037,385
Actual - Tier 1 capital to average total assets | 1,063,919 | 1,037,385
Minimum Capital Requirement - Total capital to risk-weighted assets | 793,712 | 798,574
Minimum Capital Requirement - Tier 1 capital to risk-weighted assets | 642,529 | 646,465
Minimum Capital Requirement - Common equity tier 1 capital to risk-weighted assets | 529,142 | 532,383
Minimum Capital Requirement - Tier 1 capital to average total assets | 395,951 | 400,445
Minimum to be Well Capitalized - Total capital to risk-weighted assets | 755,917 | 760,547
Minimum to be Well Capitalized - Tier 1 capital to risk-weighted assets | 604,733 | 608,437
Minimum to be Well Capitalized - Common equity tier 1 capital to risk-weighted assets | 491,346 | 494,355
Minimum to be Well Capitalized - Tier 1 capital to average total assets | $ 494,939 | $ 500,557
Ratio |  |
Actual - total capital to risk-weighted assets | 0.1533 | 0.1489
Actual - Tier 1 capital to risk-weighted assets | 0.1407 | 0.1364
Actual - Common equity tier 1 capital to risk-weighted assets | 0.1407 | 0.1364
Actual - Tier 1 capital to average total assets | 0.1075 | 0.1036
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 | 0.0700 | 0.0700
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 | 0.0650 | 0.0650
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 | $ 1,067,306 | $ 1,028,126
Actual - Tier 1 capital to risk-weighted assets | 973,149 | 933,494
Actual - Common equity tier 1 capital to risk-weighted assets | 973,149 | 933,494
Actual - Tier 1 capital to average total assets | 973,149 | 933,494
Minimum Capital Requirement - Total capital to risk-weighted assets | 788,036 | 793,124
Minimum Capital Requirement - Tier 1 capital to risk-weighted assets | 637,934 | 642,053
Minimum Capital Requirement - Common equity tier 1 capital to risk-weighted assets | 525,357 | 528,749
Minimum Capital Requirement - Tier 1 capital to average total assets | 392,070 | 396,525
Minimum to be Well Capitalized - Total capital to risk-weighted assets | 750,510 | 755,356
Minimum to be Well Capitalized - Tier 1 capital to risk-weighted assets | 600,408 | 604,285
Minimum to be Well Capitalized - Common equity tier 1 capital to risk-weighted assets | 487,832 | 490,981
Minimum to be Well Capitalized - Tier 1 capital to average total assets | $ 490,087 | $ 495,656
Ratio |  |
Actual - total capital to risk-weighted assets | 0.1422 | 0.1361
Actual - Tier 1 capital to risk-weighted assets | 0.1297 | 0.1236
Actual - Common equity tier 1 capital to risk-weighted assets | 0.1297 | 0.1236
Actual - Tier 1 capital to average total assets | 0.0993 | 0.0942
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 | 0.0700 | 0.0700
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 | 0.0650 | 0.0650
Minimum to be Well Capitalized - Tier 1 capital to average total assets | 0.0500 | 0.0500

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