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REGULATORY CAPITAL REQUIREMENTS (Details) $ in Thousands | Sep. 30, 2024 USD ($) | Dec. 31, 2023 USD ($)
--- | --- | ---
OFG Bancorp |  |
Amount |  |
Actual - Total capital to risk-weighted assets | $ 1,371,041 | $ 1,278,537
Actual - Tier 1 capital to risk-weighted assets | 1,260,944 | 1,174,205
Actual - Common equity tier 1 capital to risk-weighted assets | 1,260,944 | 1,174,205
Actual - Tier 1 capital to average total assets | 1,260,944 | 1,174,205
Minimum Capital Requirement - Total capital to risk-weighted assets | 921,082 | 873,369
Minimum Capital Requirement - Tier 1 capital to risk-weighted assets | 745,638 | 707,013
Minimum Capital Requirement - Common equity tier 1 capital to risk-weighted assets | 614,054 | 582,246
Minimum Capital Requirement - Tier 1 capital to average total assets | 453,398 | 425,911
Minimum to be Well Capitalized - Total capital to risk-weighted assets | 877,221 | 831,780
Minimum to be Well Capitalized - Tier 1 capital to risk-weighted assets | 701,777 | 665,424
Minimum to be Well Capitalized - Common equity tier 1 capital to risk-weighted assets | 570,193 | 540,657
Minimum to be Well Capitalized - Tier 1 capital to average total assets | $ 566,748 | $ 532,389
Ratio |  |
Actual - total capital to risk-weighted assets | 0.1563 | 0.1537
Actual - Tier 1 capital to risk-weighted assets | 0.1437 | 0.1412
Actual - Common equity tier 1 capital to risk-weighted assets | 0.1437 | 0.1412
Actual - Tier 1 capital to average total assets | 0.1112 | 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 | $ 1,275,292 | $ 1,179,164
Actual - Tier 1 capital to risk-weighted assets | 1,165,904 | 1,075,487
Actual - Common equity tier 1 capital to risk-weighted assets | 1,165,904 | 1,075,487
Actual - Tier 1 capital to average total assets | 1,165,904 | 1,075,487
Minimum Capital Requirement - Total capital to risk-weighted assets | 915,051 | 867,797
Minimum Capital Requirement - Tier 1 capital to risk-weighted assets | 740,756 | 702,503
Minimum Capital Requirement - Common equity tier 1 capital to risk-weighted assets | 610,034 | 578,532
Minimum Capital Requirement - Tier 1 capital to average total assets | 449,116 | 421,660
Minimum to be Well Capitalized - Total capital to risk-weighted assets | 871,478 | 826,474
Minimum to be Well Capitalized - Tier 1 capital to risk-weighted assets | 697,182 | 661,179
Minimum to be Well Capitalized - Common equity tier 1 capital to risk-weighted assets | 566,460 | 537,208
Minimum to be Well Capitalized - Tier 1 capital to average total assets | $ 561,395 | $ 527,075
Ratio |  |
Actual - total capital to risk-weighted assets | 0.1463 | 0.1427
Actual - Tier 1 capital to risk-weighted assets | 0.1338 | 0.1301
Actual - Common equity tier 1 capital to risk-weighted assets | 0.1338 | 0.1301
Actual - Tier 1 capital to average total assets | 0.1038 | 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

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