XML 60 R49.htm IDEA: XBRL DOCUMENT v3.24.1.u1

BANKING AND FINANCIAL SERVICE REVENUES (Tables)

3 Months Ended

Mar. 31, 2024

Banking and Thrift, Interest [Abstract]

Schedule of Commissions and Fees Revenues

The following table presents the major categories of banking and financial service revenues for the quarters ended March 31, 2024 and 2023:

			Quarter Ended March 31,
			2024						2023
			(In thousands)
Banking service revenues:
Electronic banking fees			$	13,690					$	13,366
Checking accounts fees			2,167						2,220
Savings accounts fees			308						333
Credit life commissions			4						105
Branch service commissions			346						422
Servicing and other loan fees			568						881
International fees			172						183
Miscellaneous income			4						3
Total banking service revenues			17,259						17,513
Wealth management revenue:
Insurance income			3,774						3,369
Broker fees			2,091						1,784
Trust fees			2,242						1,924
Other fees			—						43
Total wealth management revenue			8,107						7,120
Mortgage banking activities:
Net servicing fees			3,951						2,842
Net gains on sale of mortgage loans and valuation			653						769
Net gain on repurchased loans and other			89						287
Total mortgage banking activities			4,693						3,898
Total banking and financial service revenues			$	30,059					$	28,531

X

- Definition

Schedule of commission and fee revenues earned by the entity.

+ References

No definition available.

+ Details

Name:	ofg_ScheduleOfCommissionAndFeeRevenueTableTextBlock
Namespace Prefix:	ofg_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_BankingAndThriftInterestAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration