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REGULATORY CAPITAL REQUIREMENTS (Details)
$ in Thousands
Sep. 30, 2023
USD ($)
Dec. 31, 2022
USD ($)
OFG Bancorp    
Amount    
Actual - Total capital to risk-weighted assets $ 1,224,963 $ 1,132,658
Actual - Tier 1 capital to risk-weighted assets 1,124,599 1,037,385
Actual - Common equity tier 1 capital to risk-weighted assets 1,124,599 1,037,385
Actual - Tier 1 capital to average total assets 1,124,599 1,037,385
Minimum Capital Requirement - Total capital to risk-weighted assets 840,075 798,574
Minimum Capital Requirement - Tier 1 capital to risk-weighted assets 680,060 646,465
Minimum Capital Requirement - Common equity tier 1 capital to risk-weighted assets 560,050 532,383
Minimum Capital Requirement - Tier 1 capital to average total assets 407,737 400,445
Minimum to be Well Capitalized - Total capital to risk-weighted assets 800,071 760,547
Minimum to be Well Capitalized - Tier 1 capital to risk-weighted assets 640,057 608,437
Minimum to be Well Capitalized - Common equity tier 1 capital to risk-weighted assets 520,046 494,355
Minimum to be Well Capitalized - Tier 1 capital to average total assets $ 509,672 $ 500,557
Ratio    
Actual - total capital to risk-weighted assets 0.1531 0.1489
Actual - Tier 1 capital to risk-weighted assets 0.1406 0.1364
Actual - Common equity tier 1 capital to risk-weighted assets 0.1406 0.1364
Actual - Tier 1 capital to average total assets 0.1103 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 $ 1,120,234 $ 1,028,126
Actual - Tier 1 capital to risk-weighted assets 1,020,488 933,494
Actual - Common equity tier 1 capital to risk-weighted assets 1,020,488 933,494
Actual - Tier 1 capital to average total assets 1,020,488 933,494
Minimum Capital Requirement - Total capital to risk-weighted assets 834,814 793,124
Minimum Capital Requirement - Tier 1 capital to risk-weighted assets 675,802 642,053
Minimum Capital Requirement - Common equity tier 1 capital to risk-weighted assets 556,543 528,749
Minimum Capital Requirement - Tier 1 capital to average total assets 403,339 396,525
Minimum to be Well Capitalized - Total capital to risk-weighted assets 795,061 755,356
Minimum to be Well Capitalized - Tier 1 capital to risk-weighted assets 636,049 604,285
Minimum to be Well Capitalized - Common equity tier 1 capital to risk-weighted assets 516,790 490,981
Minimum to be Well Capitalized - Tier 1 capital to average total assets $ 504,174 $ 495,656
Ratio    
Actual - total capital to risk-weighted assets 0.1409 0.1361
Actual - Tier 1 capital to risk-weighted assets 0.1284 0.1236
Actual - Common equity tier 1 capital to risk-weighted assets 0.1284 0.1236
Actual - Tier 1 capital to average total assets 0.1012 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