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REGULATORY CAPITAL REQUIREMENTS (Details)
$ in Thousands
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
OFG Bancorp    
Amount    
Actual - Total capital to risk-weighted assets $ 1,278,537 $ 1,132,658
Actual - Tier 1 capital to risk-weighted assets 1,174,205 1,037,385
Actual - Common equity tier 1 capital to risk-weighted assets 1,174,205 1,037,385
Actual - Tier 1 capital to average total assets 1,174,205 1,037,385
Minimum Capital Requirement - Total capital to risk-weighted assets 873,369 798,574
Minimum Capital Requirement - Tier 1 capital to risk-weighted assets 707,013 646,465
Minimum Capital Requirement - Common equity tier 1 capital to risk-weighted assets 582,246 532,383
Minimum Capital Requirement - Tier 1 capital to average total assets 425,911 400,445
Minimum to be Well Capitalized - Total capital to risk-weighted assets 831,780 760,547
Minimum to be Well Capitalized - Tier 1 capital to risk-weighted assets 665,424 608,437
Minimum to be Well Capitalized - Common equity tier 1 capital to risk-weighted assets 540,657 494,355
Minimum to be Well Capitalized - Tier 1 capital to average total assets $ 532,389 $ 500,557
Ratio    
Actual - total capital to risk-weighted assets 0.1537 0.1489
Actual - Tier 1 capital to risk-weighted assets 0.1412 0.1364
Actual - Common equity tier 1 capital to risk-weighted assets 0.1412 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 $ 1,179,164 $ 1,028,126
Actual - Tier 1 capital to risk-weighted assets 1,075,487 933,494
Actual - Common equity tier 1 capital to risk-weighted assets 1,075,487 933,494
Actual - Tier 1 capital to average total assets 1,075,487 933,494
Minimum Capital Requirement - Total capital to risk-weighted assets 867,797 793,124
Minimum Capital Requirement - Tier 1 capital to risk-weighted assets 702,503 642,053
Minimum Capital Requirement - Common equity tier 1 capital to risk-weighted assets 578,532 528,749
Minimum Capital Requirement - Tier 1 capital to average total assets 421,660 396,525
Minimum to be Well Capitalized - Total capital to risk-weighted assets 826,474 755,356
Minimum to be Well Capitalized - Tier 1 capital to risk-weighted assets 661,179 604,285
Minimum to be Well Capitalized - Common equity tier 1 capital to risk-weighted assets 537,208 490,981
Minimum to be Well Capitalized - Tier 1 capital to average total assets $ 527,075 $ 495,656
Ratio    
Actual - total capital to risk-weighted assets 0.1427 0.1361
Actual - Tier 1 capital to risk-weighted assets 0.1301 0.1236
Actual - Common equity tier 1 capital to risk-weighted assets 0.1301 0.1236
Actual - Tier 1 capital to average total assets 0.1020 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