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REGULATORY CAPITAL REQUIREMENTS (Details)
$ in Thousands
Jun. 30, 2024
USD ($)
Dec. 31, 2023
USD ($)
OFG Bancorp    
Amount    
Actual - Total capital to risk-weighted assets $ 1,330,474 $ 1,278,537
Actual - Tier 1 capital to risk-weighted assets 1,223,031 1,174,205
Actual - Common equity tier 1 capital to risk-weighted assets 1,223,031 1,174,205
Actual - Tier 1 capital to average total assets 1,223,031 1,174,205
Minimum Capital Requirement - Total capital to risk-weighted assets 898,963 873,369
Minimum Capital Requirement - Tier 1 capital to risk-weighted assets 727,732 707,013
Minimum Capital Requirement - Common equity tier 1 capital to risk-weighted assets 599,308 582,246
Minimum Capital Requirement - Tier 1 capital to average total assets 450,325 425,911
Minimum to be Well Capitalized - Total capital to risk-weighted assets 856,155 831,780
Minimum to be Well Capitalized - Tier 1 capital to risk-weighted assets 684,924 665,424
Minimum to be Well Capitalized - Common equity tier 1 capital to risk-weighted assets 556,501 540,657
Minimum to be Well Capitalized - Tier 1 capital to average total assets $ 562,906 $ 532,389
Ratio    
Actual - total capital to risk-weighted assets 0.1554 0.1537
Actual - Tier 1 capital to risk-weighted assets 0.1429 0.1412
Actual - Common equity tier 1 capital to risk-weighted assets 0.1429 0.1412
Actual - Tier 1 capital to average total assets 0.1086 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 $ 1,245,627 $ 1,179,164
Actual - Tier 1 capital to risk-weighted assets 1,138,874 1,075,487
Actual - Common equity tier 1 capital to risk-weighted assets 1,138,874 1,075,487
Actual - Tier 1 capital to average total assets 1,138,874 1,075,487
Minimum Capital Requirement - Total capital to risk-weighted assets 893,092 867,797
Minimum Capital Requirement - Tier 1 capital to risk-weighted assets 722,979 702,503
Minimum Capital Requirement - Common equity tier 1 capital to risk-weighted assets 595,395 578,532
Minimum Capital Requirement - Tier 1 capital to average total assets 445,681 421,660
Minimum to be Well Capitalized - Total capital to risk-weighted assets 850,564 826,474
Minimum to be Well Capitalized - Tier 1 capital to risk-weighted assets 680,451 661,179
Minimum to be Well Capitalized - Common equity tier 1 capital to risk-weighted assets 552,866 537,208
Minimum to be Well Capitalized - Tier 1 capital to average total assets $ 557,101 $ 527,075
Ratio    
Actual - total capital to risk-weighted assets 0.1464 0.1427
Actual - Tier 1 capital to risk-weighted assets 0.1339 0.1301
Actual - Common equity tier 1 capital to risk-weighted assets 0.1339 0.1301
Actual - Tier 1 capital to average total assets 0.1022 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