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v3.23.1

FORECLOSED REAL ESTATE (Tables) | 3 Months Ended
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Mar. 31, 2023
Other Real Estate [Abstract] |
Schedule of Foreclosed Real Estate Rollforward | The following table presents the activity related to foreclosed real estate for the quarters ended March 31, 2023 and 2022:
| Quarter Ended March 31, |  |
| 2023 |  | 2022 |  |  |  |  |  |
| (In thousands)
Balance at beginning of period | $ | 11,214 |  |  | $ | 15,039 |  |  |  |  |  |  |
Additions | 1,438 |  |  | 3,180 |  |  |  |  |  |  |
Sales | (3,581) |  |  | (3,807) |  |  |  |  |  |  |
Decline in value | (127) |  |  | (195) |  |  |  |  |  |  |
Other adjustments | 306 |  |  | 1,080 |  |  |  |  |  |  |
Balance at end of period | $ | 9,250 |  |  | $ | 15,297 |  |  |  |  |  |  |

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- Definition Tabular disclosure of the change in other real estate owned including foreclosed property taken in settlement of troubled loans. + References No definition available. + Details
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Namespace Prefix: | ofg_
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- References No definition available. + Details
Name: | us-gaap_OtherRealEstateAbstract
Namespace Prefix: | us-gaap_
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Balance Type: | na
Period Type: | duration