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REGULATORY CAPITAL REQUIREMENTS (Details)
$ in Thousands
Mar. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
OFG Bancorp    
Amount    
Actual - Total capital to risk-weighted assets $ 1,309,893 $ 1,278,537
Actual - Tier 1 capital to risk-weighted assets 1,205,231 1,174,205
Actual - Common equity tier 1 capital to risk-weighted assets 1,205,231 1,174,205
Actual - Tier 1 capital to average total assets 1,205,231 1,174,205
Minimum Capital Requirement - Total capital to risk-weighted assets 875,507 873,369
Minimum Capital Requirement - Tier 1 capital to risk-weighted assets 708,744 707,013
Minimum Capital Requirement - Common equity tier 1 capital to risk-weighted assets 583,672 582,246
Minimum Capital Requirement - Tier 1 capital to average total assets 447,862 425,911
Minimum to be Well Capitalized - Total capital to risk-weighted assets 833,817 831,780
Minimum to be Well Capitalized - Tier 1 capital to risk-weighted assets 667,053 665,424
Minimum to be Well Capitalized - Common equity tier 1 capital to risk-weighted assets 541,981 540,657
Minimum to be Well Capitalized - Tier 1 capital to average total assets $ 559,827 $ 532,389
Ratio    
Actual - total capital to risk-weighted assets 0.1571 0.1537
Actual - Tier 1 capital to risk-weighted assets 0.1445 0.1412
Actual - Common equity tier 1 capital to risk-weighted assets 0.1445 0.1412
Actual - Tier 1 capital to average total assets 0.1076 0.1103
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 $ 1,192,181 $ 1,179,164
Actual - Tier 1 capital to risk-weighted assets 1,088,220 1,075,487
Actual - Common equity tier 1 capital to risk-weighted assets 1,088,220 1,075,487
Actual - Tier 1 capital to average total assets 1,088,220 1,075,487
Minimum Capital Requirement - Total capital to risk-weighted assets 869,541 867,797
Minimum Capital Requirement - Tier 1 capital to risk-weighted assets 703,914 702,503
Minimum Capital Requirement - Common equity tier 1 capital to risk-weighted assets 579,694 578,532
Minimum Capital Requirement - Tier 1 capital to average total assets 443,045 421,660
Minimum to be Well Capitalized - Total capital to risk-weighted assets 828,134 826,474
Minimum to be Well Capitalized - Tier 1 capital to risk-weighted assets 662,507 661,179
Minimum to be Well Capitalized - Common equity tier 1 capital to risk-weighted assets 538,287 537,208
Minimum to be Well Capitalized - Tier 1 capital to average total assets $ 553,807 $ 527,075
Ratio    
Actual - total capital to risk-weighted assets 0.1440 0.1427
Actual - Tier 1 capital to risk-weighted assets 0.1314 0.1301
Actual - Common equity tier 1 capital to risk-weighted assets 0.1314 0.1301
Actual - Tier 1 capital to average total assets 0.0982 0.1020
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