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REGULATORY CAPITAL REQUIREMENTS (Tables)

12 Months Ended

Dec. 31, 2024

Capital Disclosure [Abstract]

Schedule of Compliance with Regulatory Capital Requirements Under Banking Regulations

OFG’s and the Bank’s actual capital amounts and ratios as of December 31, 2024 and 2023 were as follows:


			Actual												Minimum Capital Requirement (including capital conservation buffer)												Minimum to be Well Capitalized
			Amount						Ratio						Amount						Ratio						Amount						Ratio
			(Dollars in thousands)
OFG Bancorp Ratios
As of December 31, 2024
Total capital to risk-weighted assets			$	1,367,692					15.52		%				$	925,305					10.50		%				$	881,242					10.00		%
Tier 1 capital to risk-weighted assets			$	1,256,906					14.26		%				$	749,056					8.50		%				$	704,994					8.00		%
Common equity tier 1 capital to risk-weighted assets			$	1,256,906					14.26		%				$	616,870					7.00		%				$	572,807					6.50		%
Tier 1 capital to average total assets			$	1,256,906					10.93		%				$	460,138					4.00		%				$	575,172					5.00		%
As of December 31, 2023
Total capital to risk-weighted assets			$	1,278,537					15.37		%				$	873,369					10.50		%				$	831,780					10.00		%
Tier 1 capital to risk-weighted assets			$	1,174,205					14.12		%				$	707,013					8.50		%				$	665,424					8.00		%
Common equity tier 1 capital to risk-weighted assets			$	1,174,205					14.12		%				$	582,246					7.00		%				$	540,657					6.50		%
Tier 1 capital to average total assets			$	1,174,205					11.03		%				$	425,911					4.00		%				$	532,389					5.00		%


			Actual												Minimum Capital Requirement (including capital conservation buffer)												Minimum to be Well Capitalized
			Amount						Ratio						Amount						Ratio						Amount						Ratio
			(Dollars in thousands)
Bank Ratios
As of December 31, 2024
Total capital to risk-weighted assets			$	1,301,684					14.86		%				$	919,781					10.50		%				$	875,982					10.00		%
Tier 1 capital to risk-weighted assets			$	1,191,547					13.60		%				$	744,585					8.50		%				$	700,786					8.00		%
Common equity tier 1 capital to risk-weighted assets			$	1,191,547					13.60		%				$	613,187					7.00		%				$	569,388					6.50		%
Tier 1 capital to average total assets			$	1,191,547					10.45		%				$	456,144					4.00		%				$	570,179					5.00		%
As of December 31, 2023
Total capital to risk-weighted assets			$	1,179,164					14.27		%				$	867,797					10.50		%				$	826,474					10.00		%
Tier 1 capital to risk-weighted assets			$	1,075,487					13.01		%				$	702,503					8.50		%				$	661,179					8.00		%
Common equity tier 1 capital to risk-weighted assets			$	1,075,487					13.01		%				$	578,532					7.00		%				$	537,208					6.50		%
Tier 1 capital to average total assets			$	1,075,487					10.20		%				$	421,660					4.00		%				$	527,075					5.00		%