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OFG BANCORP (HOLDING COMPANY ONLY) FINANCIAL INFORMATION (Condensed Statement of Cash Flows Information) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income $ 181,872 $ 166,239 $ 146,151
Adjustments to reconcile net income to net cash provided by operating activities:      
Early extinguishment of debt 0 (42) 1,481
Stock-based compensation 5,001 4,185 6,245
Deferred income tax, net 67,349 61,126 63,616
Net decrease (increase) in other assets 4,971 35,371 (9,051)
Net increase (decrease) in accrued expenses and other liabilities 279 (34,151) 18,383
Net cash provided by operating activities 295,657 164,456 100,044
Cash flows from investing activities:      
Premises and equipment 38 4,784 570
Additions to premises and equipment (17,857) (30,999) (23,053)
Net cash used in investing activities (1,404,745) (1,512,937) (182,934)
Cash flows from financing activities:      
Subordinated capital notes 0 (34,958) 0
Exercise of stock options and restricted units lapsed, net (1,689) (906) 283
Redemption of preferred stock 0 0 (92,000)
Net cash provided by (used in ) financing activities 1,306,797 (124,705) (49,037)
Net change in cash, cash equivalents and restricted cash 197,709 (1,473,186) (131,927)
Cash and cash equivalents at beginning of year 546,146 2,014,523  
Cash and cash equivalents at end of year 743,550 546,146 2,014,523
Parent Company      
Cash flows from operating activities:      
Net income 181,872 166,239 146,151
Adjustments to reconcile net income to net cash provided by operating activities:      
Early extinguishment of debt 0 (42) 0
Stock-based compensation 731 652 940
Deferred income tax, net 630 1,703 10
Net decrease (increase) in other assets 1,270 18,829 (13,471)
Net increase (decrease) in accrued expenses and other liabilities 2,149 (488) 950
Net cash provided by operating activities 52,459 165,858 191,865
Cash flows from investing activities:      
Premises and equipment 0 0 240
Additions to premises and equipment (30) (233) (288)
Net cash used in investing activities (30) (233) (9,348)
Cash flows from financing activities:      
Subordinated capital notes 0 (34,958) 0
Exercise of stock options and restricted units lapsed, net (1,689) (906) 283
Purchase of treasury stock (18,653) (64,110) (49,872)
Redemption of preferred stock 0 0 (92,000)
Dividends paid (41,011) (30,090) (20,973)
Net decrease in due to non-bank subsidiary, net 3 0 0
Net cash provided by (used in ) financing activities (61,353) (130,064) (162,562)
Net change in cash, cash equivalents and restricted cash (8,924) 35,561 19,955
Cash and cash equivalents at beginning of year 82,045 46,484 26,529
Cash and cash equivalents at end of year 73,121 82,045 46,484
Bank subsidiary      
Cash flows from operating activities:      
Net income 170,658 162,236 144,089
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in earnings (170,658) (162,236) (144,089)
Dividends from subsidiary 45,000 140,000 197,000
Nonbank subsidiaries      
Cash flows from operating activities:      
Net income 12,538 8,299 6,626
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in earnings (12,538) (8,299) (6,626)
Dividends from subsidiary 4,000 9,500 11,000
Cash flows from investing activities:      
Capital contribution to non-banking subsidiary $ 0 $ 0 $ 9,300