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OFFSETTING OF FINANCIAL ASSETS AND LIABILITIES (Tables)
9 Months Ended
Sep. 30, 2023
Offsetting [Abstract]  
Summary of Offsetting Liabilities
The following table presents the potential effect of rights of set-off associated with OFG’s recognized financial assets and liabilities at September 30, 2023:
September 30, 2023
Gross Amounts Not Offset in the Statement of
 Financial Condition
Gross Amount
of Recognized
Liabilities
Gross Amounts
Offset in the
Statement of
Financial
Condition
Net Amount of
Liabilities
Presented
in Statement
of Financial
Condition

Financial
Instruments
Cash
Collateral
Provided
Net
Amount
(In thousands)
Securities sold under agreements to repurchase150,633 — 150,633 161,973 — (11,340)