2021 Q4 Form 10-Q Financial Statement

#000103046921000032 Filed on November 05, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $112.1M $114.9M
YoY Change -2.43% 22.72%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.100M $6.000M $5.900M
YoY Change 0.0% 1.69% 145.83%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $9.434M $15.40M
YoY Change -38.76% 19.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $48.60M $61.30M $33.75M
YoY Change 62.54% 81.64% 302.17%
Income Tax $15.30M $19.62M $6.308M
% Of Pretax Income 31.48% 32.02% 18.69%
Net Earnings $33.30M $41.67M $27.44M
YoY Change 42.92% 51.87% 271.64%
Net Earnings / Revenue 37.16% 23.87%
Basic Earnings Per Share $0.82 $0.50
Diluted Earnings Per Share $663.3K $0.81 $0.50
COMMON SHARES
Basic Shares Outstanding 49.85M shares 51.06M shares 51.34M shares
Diluted Shares Outstanding 51.52M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $2.023B $2.756B $2.282B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $92.12M $86.98M $83.27M
YoY Change 9.95% 4.46% 19.38%
Goodwill $86.10M $86.10M $86.07M
YoY Change 0.0% 0.04% 0.0%
Intangibles $36.09M $38.55M $48.65M
YoY Change -21.36% -20.77%
Long-Term Investments $1.000M $1.000M $1.000M
YoY Change 0.0% 0.0% 0.0%
Other Assets $99.00M $129.0M $179.0M
YoY Change -38.89% -27.93% 58.41%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $9.900B $10.61B $10.02B
YoY Change 0.75% 5.87% 58.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $127.0M $153.0M $199.0M
YoY Change -32.09% -23.12% 158.44%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $127.0M $153.0M $199.0M
YoY Change -32.09% -23.12% 158.44%
LONG-TERM LIABILITIES
Long-Term Debt $36.00M $36.00M $36.00M
YoY Change -2.7% 0.0% -2.7%
Other Long-Term Liabilities $1.000M $33.00M $2.000M
YoY Change -50.0% 1550.0% 100.0%
Total Long-Term Liabilities $37.00M $69.00M $38.00M
YoY Change -5.13% 81.58% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $127.0M $153.0M $199.0M
Total Long-Term Liabilities $37.00M $69.00M $38.00M
Total Liabilities $8.831B $9.553B $8.955B
YoY Change 1.04% 6.68% 69.45%
SHAREHOLDERS EQUITY
Retained Earnings $399.9M $375.7M $284.1M
YoY Change 33.27% 32.27% -0.63%
Common Stock $59.90M $59.90M $59.90M
YoY Change 0.0% 0.0% 0.03%
Preferred Stock
YoY Change
Treasury Stock (at cost) $150.6M $140.9M $103.1M
YoY Change 46.26% 36.63% 0.15%
Treasury Stock Shares 10.25M shares 9.908M shares 8.541M shares
Shareholders Equity $1.069B $1.054B $1.064B
YoY Change
Total Liabilities & Shareholders Equity $9.900B $10.61B $10.02B
YoY Change 0.75% 5.87% 58.19%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $33.30M $41.67M $27.44M
YoY Change 42.92% 51.87% 271.64%
Depreciation, Depletion And Amortization $6.100M $6.000M $5.900M
YoY Change 0.0% 1.69% 145.83%
Cash From Operating Activities $7.900M $23.70M $28.20M
YoY Change -153.38% -15.96% 327.27%
INVESTING ACTIVITIES
Capital Expenditures -$8.900M -$4.600M -$4.200M
YoY Change 134.21% 9.52% 44.83%
Acquisitions
YoY Change
Other Investing Activities -$50.20M -$113.5M $282.0M
YoY Change -166.05% -140.25% -26.83%
Cash From Investing Activities -$59.10M -$117.9M $277.8M
YoY Change -181.86% -142.44% -27.37%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -680.8M 82.20M 77.00M
YoY Change 268.4% 6.75% -174.25%
NET CHANGE
Cash From Operating Activities 7.900M 23.70M 28.20M
Cash From Investing Activities -59.10M -117.9M 277.8M
Cash From Financing Activities -680.8M 82.20M 77.00M
Net Change In Cash -732.0M -12.00M 383.0M
YoY Change 474.57% -103.13% 34.2%
FREE CASH FLOW
Cash From Operating Activities $7.900M $23.70M $28.20M
Capital Expenditures -$8.900M -$4.600M -$4.200M
Free Cash Flow $16.80M $28.30M $32.40M
YoY Change -252.73% -12.65% 241.05%

Facts In Submission

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InterestIncomeExpenseAfterProvisionForLoanLoss
310144000 USD
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
231198000 USD
CY2021Q3 ofg Total Banking Service Revenues
TotalBankingServiceRevenues
18198000 USD
CY2020Q3 ofg Total Banking Service Revenues
TotalBankingServiceRevenues
16297000 USD
ofg Total Banking Service Revenues
TotalBankingServiceRevenues
52939000 USD
ofg Total Banking Service Revenues
TotalBankingServiceRevenues
45678000 USD
CY2021Q3 ofg Wealth Management Revenue
WealthManagementRevenue
7619000 USD
CY2020Q3 ofg Wealth Management Revenue
WealthManagementRevenue
7272000 USD
ofg Wealth Management Revenue
WealthManagementRevenue
23270000 USD
ofg Wealth Management Revenue
WealthManagementRevenue
20924000 USD
CY2021Q3 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
6195000 USD
CY2020Q3 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
3917000 USD
us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
16303000 USD
us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
10223000 USD
CY2021Q3 ofg Total Banking And Financial Service Revenues1
TotalBankingAndFinancialServiceRevenues1
32012000 USD
CY2020Q3 ofg Total Banking And Financial Service Revenues1
TotalBankingAndFinancialServiceRevenues1
27486000 USD
ofg Total Banking And Financial Service Revenues1
TotalBankingAndFinancialServiceRevenues1
92512000 USD
ofg Total Banking And Financial Service Revenues1
TotalBankingAndFinancialServiceRevenues1
76825000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0 USD
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0 USD
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
4728000 USD
CY2021Q3 us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
0 USD
CY2020Q3 us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
3465000 USD
us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
0 USD
us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
7336000 USD
CY2021Q3 us-gaap Noninterest Income Other
NoninterestIncomeOther
505000 USD
us-gaap Noninterest Income Other
NoninterestIncomeOther
2603000 USD
us-gaap Noninterest Income Other
NoninterestIncomeOther
1039000 USD
CY2021Q3 us-gaap Noninterest Income
NoninterestIncome
32517000 USD
CY2020Q3 us-gaap Noninterest Income
NoninterestIncome
31326000 USD
us-gaap Noninterest Income
NoninterestIncome
95115000 USD
us-gaap Noninterest Income
NoninterestIncome
89928000 USD
CY2020Q3 us-gaap Occupancy Net
OccupancyNet
11943000 USD
us-gaap Occupancy Net
OccupancyNet
37734000 USD
us-gaap Occupancy Net
OccupancyNet
35220000 USD
CY2021Q3 ofg Electronic Banking Charges
ElectronicBankingCharges
9615000 USD
CY2020Q3 ofg Electronic Banking Charges
ElectronicBankingCharges
8734000 USD
ofg Electronic Banking Charges
ElectronicBankingCharges
26284000 USD
CY2021Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
3621000 USD
CY2020Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
5381000 USD
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
13407000 USD
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
16259000 USD
CY2021Q3 us-gaap Professional Fees
ProfessionalFees
5003000 USD
CY2020Q3 us-gaap Professional Fees
ProfessionalFees
3331000 USD
us-gaap Professional Fees
ProfessionalFees
14938000 USD
us-gaap Professional Fees
ProfessionalFees
12596000 USD
CY2021Q3 us-gaap Taxes Other
TaxesOther
3257000 USD
CY2020Q3 us-gaap Taxes Other
TaxesOther
3774000 USD
us-gaap Taxes Other
TaxesOther
10535000 USD
us-gaap Taxes Other
TaxesOther
10123000 USD
CY2021Q3 ofg General Insurance Expense Income
GeneralInsuranceExpenseIncome
2530000 USD
CY2020Q3 ofg General Insurance Expense Income
GeneralInsuranceExpenseIncome
2428000 USD
ofg General Insurance Expense Income
GeneralInsuranceExpenseIncome
7659000 USD
ofg General Insurance Expense Income
GeneralInsuranceExpenseIncome
8667000 USD
CY2021Q3 ofg Gain Loss On Sale Of Foreclosed Real Estate Other Repossessed Assets And Credit Related Expenses
GainLossOnSaleOfForeclosedRealEstateOtherRepossessedAssetsAndCreditRelatedExpenses
2163000 USD
CY2020Q3 ofg Gain Loss On Sale Of Foreclosed Real Estate Other Repossessed Assets And Credit Related Expenses
GainLossOnSaleOfForeclosedRealEstateOtherRepossessedAssetsAndCreditRelatedExpenses
-1323000 USD
ofg Gain Loss On Sale Of Foreclosed Real Estate Other Repossessed Assets And Credit Related Expenses
GainLossOnSaleOfForeclosedRealEstateOtherRepossessedAssetsAndCreditRelatedExpenses
1885000 USD
ofg Gain Loss On Sale Of Foreclosed Real Estate Other Repossessed Assets And Credit Related Expenses
GainLossOnSaleOfForeclosedRealEstateOtherRepossessedAssetsAndCreditRelatedExpenses
-6763000 USD
CY2021Q3 ofg Loan Servicing And Cleaning Expenses
LoanServicingAndCleaningExpenses
1908000 USD
CY2020Q3 ofg Loan Servicing And Cleaning Expenses
LoanServicingAndCleaningExpenses
2345000 USD
ofg Loan Servicing And Cleaning Expenses
LoanServicingAndCleaningExpenses
5690000 USD
ofg Loan Servicing And Cleaning Expenses
LoanServicingAndCleaningExpenses
4836000 USD
CY2021Q3 us-gaap Advertising Expense
AdvertisingExpense
1646000 USD
us-gaap Advertising Expense
AdvertisingExpense
4783000 USD
us-gaap Advertising Expense
AdvertisingExpense
4643000 USD
CY2021Q3 us-gaap Communication
Communication
1327000 USD
CY2020Q3 us-gaap Communication
Communication
1117000 USD
us-gaap Communication
Communication
3332000 USD
us-gaap Communication
Communication
2993000 USD
CY2021Q3 us-gaap Supplies And Postage Expense
SuppliesAndPostageExpense
878000 USD
us-gaap Supplies And Postage Expense
SuppliesAndPostageExpense
3037000 USD
us-gaap Supplies And Postage Expense
SuppliesAndPostageExpense
2767000 USD
CY2021Q3 ofg Noninterestexpensedirectorandinvestorrelations
Noninterestexpensedirectorandinvestorrelations
243000 USD
CY2020Q3 ofg Noninterestexpensedirectorandinvestorrelations
Noninterestexpensedirectorandinvestorrelations
302000 USD
ofg Noninterestexpensedirectorandinvestorrelations
Noninterestexpensedirectorandinvestorrelations
867000 USD
ofg Noninterestexpensedirectorandinvestorrelations
Noninterestexpensedirectorandinvestorrelations
928000 USD
CY2021Q3 us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2020Q3 us-gaap Restructuring Charges
RestructuringCharges
2681000 USD
us-gaap Restructuring Charges
RestructuringCharges
0 USD
us-gaap Restructuring Charges
RestructuringCharges
5991000 USD
CY2021Q3 ofg Pandemic Expense
PandemicExpense
1223000 USD
CY2020Q3 ofg Pandemic Expense
PandemicExpense
2090000 USD
ofg Pandemic Expense
PandemicExpense
4523000 USD
ofg Pandemic Expense
PandemicExpense
4291000 USD
CY2021Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
4013000 USD
CY2020Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
3465000 USD
us-gaap Other Noninterest Expense
OtherNoninterestExpense
8201000 USD
us-gaap Other Noninterest Expense
OtherNoninterestExpense
11881000 USD
CY2021Q3 us-gaap Noninterest Expense
NoninterestExpense
78924000 USD
CY2020Q3 us-gaap Noninterest Expense
NoninterestExpense
83444000 USD
us-gaap Noninterest Expense
NoninterestExpense
239266000 USD
us-gaap Noninterest Expense
NoninterestExpense
256247000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
61295000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
33746000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
165993000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
64879000 USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19624000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6308000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
53122000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13853000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
41671000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
27438000 USD
us-gaap Net Income Loss
NetIncomeLoss
112871000 USD
us-gaap Net Income Loss
NetIncomeLoss
51026000 USD
CY2021Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
0 USD
CY2020Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
1628000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
1255000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
4884000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
41671000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
25810000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
111616000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
46142000 USD
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.82
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.50
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.18
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.90
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.81
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.50
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.15
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.89
CY2021Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
51516000 shares
CY2020Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
51527000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
51748000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
51563000 shares
CY2021Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.12
CY2020Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.07
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.28
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.21
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
41671000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
27438000 USD
us-gaap Net Income Loss
NetIncomeLoss
112871000 USD
us-gaap Net Income Loss
NetIncomeLoss
51026000 USD
CY2021Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
1359000 USD
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
661000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-2605000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
15949000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
0 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
4728000 USD
CY2021Q3 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
157000 USD
CY2020Q3 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
181000 USD
us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
576000 USD
us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
-987000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
1516000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
842000 USD
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-2029000 USD
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
10234000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
496000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
162000 USD
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
373000 USD
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
958000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1020000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
680000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2402000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
9276000 USD
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
42691000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
28118000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
110469000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
60302000 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
1053665000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
1064322000 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
1053665000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
1064322000 USD
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.12
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.07
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.28
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.21
us-gaap Net Income Loss
NetIncomeLoss
112871000 USD
us-gaap Net Income Loss
NetIncomeLoss
51026000 USD
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
-2044000 USD
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
7606000 USD
ofg Amortization Of Fair Value Premiums On Acquired Deposits
AmortizationOfFairValuePremiumsOnAcquiredDeposits
0 USD
ofg Amortization Of Fair Value Premiums On Acquired Deposits
AmortizationOfFairValuePremiumsOnAcquiredDeposits
1955000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-2370000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-4142000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7351000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8315000 USD
ofg Increase Decrease In Operating Leases
IncreaseDecreaseInOperatingLeases
359000 USD
ofg Increase Decrease In Operating Leases
IncreaseDecreaseInOperatingLeases
401000 USD
us-gaap Depreciation Nonproduction
DepreciationNonproduction
10369000 USD
us-gaap Depreciation Nonproduction
DepreciationNonproduction
9382000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
33441000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
12127000 USD
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
78496000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4993000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1468000 USD
us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
0 USD
us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
7336000 USD
us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
0 USD
us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
4728000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-63000 USD
us-gaap Profit Loss From Real Estate Operations
ProfitLossFromRealEstateOperations
6863000 USD
us-gaap Profit Loss From Real Estate Operations
ProfitLossFromRealEstateOperations
-1078000 USD
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
570000 USD
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
7000 USD
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
284966000 USD
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
175955000 USD
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
64248000 USD
us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
-15000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-9101000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
29996000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
92121000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
49794000 USD
us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
-932000 USD
us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
3537000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
8895000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-3320000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
49005000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
13438000 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
28273000 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
1778000 USD
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
348758000 USD
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
0 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
6472000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
77846000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
389139000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
4943000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
0 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Other Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments
782000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Other Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments
4726000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
320984000 USD
us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
33669000 USD
us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
25517000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
570000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
7000 USD
us-gaap Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
1472546000 USD
us-gaap Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
1101167000 USD
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
1628577000 USD
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
1060606000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
14151000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11512000 USD
ofg Outlays For Business Acquisitions
OutlaysForBusinessAcquisitions
0 USD
ofg Outlays For Business Acquisitions
OutlaysForBusinessAcquisitions
402000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-123813000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
685279000 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
782908000 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
915076000 USD
us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
0 USD
us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
-190063000 USD
ofg Increase Decrease In Fhlb Advances Federal Funds Purchased And Other Borrowings
IncreaseDecreaseInFhlbAdvancesFederalFundsPurchasedAndOtherBorrowings
-3330000 USD
ofg Increase Decrease In Fhlb Advances Federal Funds Purchased And Other Borrowings
IncreaseDecreaseInFhlbAdvancesFederalFundsPurchasedAndOtherBorrowings
-12361000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
281000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
465000 USD
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
92000000 USD
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
0 USD
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
40161000 USD
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
2226000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1255000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
4884000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
14637000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
10787000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
631806000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
695220000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
600114000 USD
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
179000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
1430293000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2155577000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
852757000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2755691000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2283050000 USD
CY2021Q3 us-gaap Cash And Due From Banks
CashAndDueFromBanks
2745675000 USD
CY2020Q3 us-gaap Cash And Due From Banks
CashAndDueFromBanks
2267383000 USD
CY2021Q3 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
9837000 USD
CY2020Q3 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
14617000 USD
CY2020Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1050000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2755691000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2283050000 USD
us-gaap Interest Paid Net
InterestPaidNet
28686000 USD
us-gaap Interest Paid Net
InterestPaidNet
40385000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2467000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
5941000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
8455000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
9747000 USD
ofg Mortgage Loans Securitized Into Mortgage Backed Securities
MortgageLoansSecuritizedIntoMortgageBackedSecurities
117051000 USD
ofg Mortgage Loans Securitized Into Mortgage Backed Securities
MortgageLoansSecuritizedIntoMortgageBackedSecurities
46184000 USD
ofg Non Cash Activities Securities Purchased But Not Yet Received
NonCashActivitiesSecuritiesPurchasedButNotYetReceived
31565000 USD
ofg Non Cash Activities Securities Purchased But Not Yet Received
NonCashActivitiesSecuritiesPurchasedButNotYetReceived
0 USD
ofg Transfer Of Loans To Other Real Estate
TransferOfLoansToOtherRealEstate
29947000 USD
ofg Transfer Of Loans To Other Real Estate
TransferOfLoansToOtherRealEstate
14733000 USD
us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
17993000 USD
us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
261000 USD
us-gaap Transfer Of Loans Held For Sale To Portfolio Loans1
TransferOfLoansHeldForSaleToPortfolioLoans1
7053000 USD
us-gaap Transfer Of Loans Held For Sale To Portfolio Loans1
TransferOfLoansHeldForSaleToPortfolioLoans1
0 USD
ofg Interest Capitalized On Loans Subject Tothe Temporary Payment Moratorium
InterestCapitalizedOnLoansSubjectTotheTemporaryPaymentMoratorium
0 USD
ofg Interest Capitalized On Loans Subject Tothe Temporary Payment Moratorium
InterestCapitalizedOnLoansSubjectTotheTemporaryPaymentMoratorium
35593000 USD
ofg Financed Sales Of Foreclosed Real Estate
FinancedSalesOfForeclosedRealEstate
1121000 USD
ofg Financed Sales Of Foreclosed Real Estate
FinancedSalesOfForeclosedRealEstate
0 USD
ofg Loans Booked Under Gnma Buy Back Option
LoansBookedUnderGnmaBuyBackOption
19944000 USD
ofg Loans Booked Under Gnma Buy Back Option
LoansBookedUnderGnmaBuyBackOption
62651000 USD
us-gaap Nature Of Operations
NatureOfOperations
<p style="margin-top: 0; margin-bottom: 0; margin-left: 0.09in"><span style="font-family: 'Times New Roman', 'serif'; font-size: 10.00pt"> </span><span style="font-family: 'Times New Roman', 'serif'; font-style: italic; font-weight: bold; font-size: 10.00pt">Nature of Operations </span></p><p style="margin-top: 0; margin-bottom: 0"><span style="font-family: 'Times New Roman', 'serif'; font-size: 10.00pt"> </span></p><p style="margin-top: 0; margin-bottom: 0"><span style="font-family: 'Times New Roman', 'serif'; font-size: 10.00pt">OFG is a publicly-owned financial holding company incorporated under the laws of the Commonwealth of Puerto Rico. OFG operates through various subsidiaries including, a commercial bank, Oriental Bank (the “Bank”), a securities broker-dealer, Oriental Financial Services LLC (“Oriental Financial Services”), an insurance agency, Oriental Insurance, LLC (“Oriental Insurance”), a captive reinsurance company organized under the laws of the Cayman Islands in 2021, OFG Reinsurance Ltd (“OFG Reinsurance”), and a retirement plan administrator, Oriental Pension Consultants, Inc. (“OPC”), among other subsidiaries. OFG also has a special purpose entity, Oriental Financial (PR) Statutory Trust II (the “Statutory Trust II”) through which it issued trust preferred securities. Through its operating subsidiaries and their respective divisions, OFG provides a wide range of banking and financial services such as commercial, consumer and mortgage lending, leasing, auto loans, financial planning, insurance sales, money management and investment banking and brokerage services, as well as corporate and individual trust services. </span></p><p style="margin-top: 0; margin-bottom: 0"><span style="font-family: 'Times New Roman', 'serif'; font-size: 10.00pt"> </span></p><p style="margin-bottom: 0"><span style="font-family: 'Times New Roman', 'serif'; font-size: 10.00pt">On April 30, 2010, the Bank acquired certain assets and assumed certain deposits and other liabilities of Eurobank, a Puerto Rico commercial bank, in an FDIC-assisted acquisition. On February 6, 2017, the Bank and the FDIC agreed to terminate the shared-loss agreements related to the Eurobank Acquisition. On December 18, 2012, OFG acquired a group of Puerto Rico-based entities that included Banco Bilbao Vizcaya Argentaria Puerto Rico (“BBVAPR”), a Puerto Rico commercial bank, as well as a securities broker-dealer and an insurance agency, which is referred to herein as the “BBVAPR Acquisition.” On December 31, 2019, OFG purchased from the Bank of Nova Scotia (“BNS”) all outstanding common stock of Scotiabank de Puerto Rico (“SBPR”). As part of this transaction, Oriental Bank also acquired the U.S. Virgin Islands banking operations of BNS through an acquisition of certain assets and an assumption of certain liabilities, and certain loans and assumed certain liabilities from BNS’s Puerto Rico branch. Immediately following the closing of the Scotiabank Acquisition, OFG merged SBPR with and into Oriental Bank, with Oriental Bank continuing as the surviving entity. This transaction is referred to as the “Scotiabank Acquisition.” These acquired businesses have been integrated.</span></p>
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
179000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1375000 USD
CY2021Q3 ofg Reserve Required By Local Goverment
ReserveRequiredByLocalGoverment
480200000 USD
CY2020Q4 ofg Reserve Required By Local Goverment
ReserveRequiredByLocalGoverment
408500000 USD
CY2021Q3 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
9800000 USD
CY2020Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
11900000 USD
CY2021Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
497450000 USD
CY2021Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
14873000 USD
CY2021Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
3216000 USD
CY2021Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
509107000 USD
CY2021Q3 ofg Available For Sale Securities Weighted Average Yield
AvailableForSaleSecuritiesWeightedAverageYield
0.0204 pure
CY2021Q3 us-gaap Pledged Financial Instruments Not Separately Reported Securities Pledged
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged
276900000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
432176000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
14472000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
210000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
446438000 USD
CY2020Q4 ofg Available For Sale Securities Weighted Average Yield
AvailableForSaleSecuritiesWeightedAverageYield
0.0196 pure
CY2020Q4 us-gaap Pledged Financial Instruments Not Separately Reported Securities Pledged
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged
150800000 USD
CY2021Q3 ofg Securitizedgnmapoolsretained
Securitizedgnmapoolsretained
117100000 USD
CY2020Q3 ofg Securitizedgnmapoolsretained
Securitizedgnmapoolsretained
46200000 USD
CY2021Q3 ofg Securitized Gnma Pool Yield Retained
SecuritizedGnmaPoolYieldRetained
0.0251 pure
CY2020Q3 ofg Securitized Gnma Pool Yield Retained
SecuritizedGnmaPoolYieldRetained
0.0269 pure
ofg Available For Sale Securities Sold Book Value
AvailableForSaleSecuritiesSoldBookValue
316300000 USD
us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
4700000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
320984000 USD
ofg Available For Sale Securities Sold Book Value
AvailableForSaleSecuritiesSoldBookValue
316256000 USD
us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
4728000 USD
us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
0 USD
CY2021Q3 ofg Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Amortized Cost
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAmortizedCost
101919000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
3216000 USD
CY2021Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
98703000 USD
CY2020Q4 ofg Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Amortized Cost
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAmortizedCost
39732000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
210000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
39522000 USD
CY2020Q4 ofg Availableforsalesecurities Continuous Unrealized Loss Position12 Monthsor Longer Amortized Cost
AvailableforsalesecuritiesContinuousUnrealizedLossPosition12MonthsorLongerAmortizedCost
0 USD
CY2021Q3 ofg Availableforsalesecurities Continuous Unrealized Loss Position12 Monthsor Longer Amortized Cost
AvailableforsalesecuritiesContinuousUnrealizedLossPosition12MonthsorLongerAmortizedCost
0 USD
CY2021Q3 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
6410863000 USD
CY2020Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
6662133000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
180872000 USD
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
204809000 USD
CY2021Q3 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
6229991000 USD
CY2020Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
6457324000 USD
CY2021Q3 ofg Mortgage Loans Held For Sale Amount
MortgageLoansHeldForSaleAmount
35031000 USD
CY2020Q4 ofg Mortgage Loans Held For Sale Amount
MortgageLoansHeldForSaleAmount
41654000 USD
CY2021Q3 ofg Other Loans Held For Sale
OtherLoansHeldForSale
17463000 USD
CY2020Q4 ofg Other Loans Held For Sale
OtherLoansHeldForSale
2281000 USD
CY2021Q3 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
52494000 USD
CY2020Q4 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
43935000 USD
CY2021Q3 us-gaap Loans And Leases Receivable Net Reported Amount Covered And Not Covered
LoansAndLeasesReceivableNetReportedAmountCoveredAndNotCovered
6282485000 USD
CY2020Q4 us-gaap Loans And Leases Receivable Net Reported Amount Covered And Not Covered
LoansAndLeasesReceivableNetReportedAmountCoveredAndNotCovered
6501259000 USD
CY2021Q3 ofg Financing Receivable Nonaccrual With Allowance
FinancingReceivableNonaccrualWithAllowance
74138000 USD
CY2021Q3 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
49810000 USD
CY2021Q3 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
123948000 USD
CY2020Q4 ofg Financing Receivable Nonaccrual With Allowance
FinancingReceivableNonaccrualWithAllowance
101103000 USD
CY2020Q4 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
46791000 USD
CY2020Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
147894000 USD
CY2021Q3 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
2100000 USD
CY2020Q4 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
7700000 USD
CY2021Q3 ofg Loan Deferral Amount Pandemic Related
LoanDeferralAmountPandemicRelated
46500000 USD
CY2020Q4 ofg Loan Deferral Amount Pandemic Related
LoanDeferralAmountPandemicRelated
95700000 USD
CY2021Q3 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
24600000 USD
CY2020Q3 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
656000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
180872000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
180872000 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
235313000 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
235313000 USD
CY2021Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
48200000 USD
CY2020Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
47300000 USD
CY2021Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
47712000 USD
CY2020Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
47926000 USD
CY2020Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
47295000 USD
CY2019Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
50779000 USD
CY2021Q3 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
1339000 USD
us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
1236000 USD
CY2021Q3 us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-1740000 USD
CY2020Q3 us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-1365000 USD
us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-5109000 USD
us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-2810000 USD
CY2021Q3 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
916000 USD
CY2020Q3 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
25000 USD
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
1259000 USD
us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
4782000 USD
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-1963000 USD
CY2021Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
48227000 USD
CY2020Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
47242000 USD
CY2021Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
48227000 USD
CY2020Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
47242000 USD
CY2021Q3 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
48227000 USD
CY2021Q3 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed
1059000 USD
CY2021Q3 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Prepayment Speed
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed
-1021000 USD
CY2021Q3 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate
-2139000 USD
CY2021Q3 us-gaap Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Discount Rate
SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate
-4116000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-1100000 USD
CY2020 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-1700000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
86100000 USD
CY2021Q3 us-gaap Goodwill
Goodwill
86100000 USD
us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
0 USD
CY2020 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
0 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
78845000 USD
CY2021Q3 us-gaap Other Assets
OtherAssets
152216000 USD
CY2021Q3 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
65024000 USD
CY2020Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
61332000 USD
CY2021Q3 us-gaap Other Foreclosed Assets
OtherForeclosedAssets
1528000 USD
CY2020Q4 us-gaap Other Foreclosed Assets
OtherForeclosedAssets
1816000 USD
CY2021Q3 ofg Investment In Statutory Trust
InvestmentInStatutoryTrust
1083000 USD
CY2020Q4 ofg Investment In Statutory Trust
InvestmentInStatutoryTrust
1083000 USD
CY2021Q3 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
84581000 USD
CY2021Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
69722000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
31177000 USD
CY2021Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
38545000 USD
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
69722000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
23826000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
45896000 USD
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2500000 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2800000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7400000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8300000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
9802000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
8501000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
6898000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
5913000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
4927000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
9855000 USD
CY2021Q3 ofg Accrued Interest Receivable On Non Covered Loans
AccruedInterestReceivableOnNonCoveredLoans
55069000 USD
CY2020Q4 ofg Accrued Interest Receivable On Non Covered Loans
AccruedInterestReceivableOnNonCoveredLoans
64465000 USD
CY2021Q3 us-gaap Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
1746000 USD
CY2020Q4 us-gaap Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
1082000 USD
CY2021Q3 us-gaap Interest Receivable
InterestReceivable
56815000 USD
CY2020Q4 us-gaap Interest Receivable
InterestReceivable
65547000 USD
CY2020Q4 us-gaap Other Assets
OtherAssets
143076000 USD
CY2021Q3 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
65000000.0 USD
CY2021Q3 us-gaap Prepaid Taxes
PrepaidTaxes
56800000 USD
CY2020Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
61300000 USD
CY2020Q4 us-gaap Prepaid Taxes
PrepaidTaxes
54300000 USD
CY2021Q3 us-gaap Other Foreclosed Assets
OtherForeclosedAssets
1500000 USD
CY2020Q4 us-gaap Other Foreclosed Assets
OtherForeclosedAssets
1800000 USD
CY2021Q3 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
2695993000 USD
CY2020Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
2259048000 USD
CY2021Q3 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
5213342000 USD
CY2020Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
4274586000 USD
CY2021Q3 us-gaap Interest Bearing Domestic Deposit Certificates Of Deposits
InterestBearingDomesticDepositCertificatesOfDeposits
1087160000 USD
CY2020Q4 us-gaap Interest Bearing Domestic Deposit Certificates Of Deposits
InterestBearingDomesticDepositCertificatesOfDeposits
1540406000 USD
CY2021Q3 ofg Interest Bearing Domestic Deposit Certificates Of Deposits Institutional
InterestBearingDomesticDepositCertificatesOfDepositsInstitutional
236528000 USD
CY2020Q4 ofg Interest Bearing Domestic Deposit Certificates Of Deposits Institutional
InterestBearingDomesticDepositCertificatesOfDepositsInstitutional
292485000 USD
CY2021Q3 us-gaap Deposits Retail
DepositsRetail
9233023000 USD
CY2020Q4 us-gaap Deposits Retail
DepositsRetail
8366525000 USD
CY2021Q3 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
11366000 USD
CY2020Q4 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
49115000 USD
CY2021Q3 us-gaap Deposits
Deposits
9244389000 USD
CY2020Q4 us-gaap Deposits
Deposits
8415640000 USD
CY2021Q3 ofg Brokered Certificates Of Deposits
BrokeredCertificatesOfDeposits
11400000 USD
CY2020Q4 ofg Brokered Certificates Of Deposits
BrokeredCertificatesOfDeposits
25000000.0 USD
CY2020Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
24100000 USD
CY2021Q3 ofg Reclassified From Brokered Deposits To Interest Bearing Savings Accounts
ReclassifiedFromBrokeredDepositsToInterestBearingSavingsAccounts
23300000 USD
CY2021Q3 ofg Deposit Liability Uninsured
DepositLiabilityUninsured
3896000000 USD
CY2020Q4 ofg Deposit Liability Uninsured
DepositLiabilityUninsured
3179000000 USD
CY2021Q3 us-gaap Weighted Average Rate Domestic Deposit
WeightedAverageRateDomesticDeposit
0.0054 pure
CY2020Q4 us-gaap Weighted Average Rate Domestic Deposit
WeightedAverageRateDomesticDeposit
0.0080 pure
CY2021Q3 us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
5767000 USD
CY2020Q3 us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
6320000 USD
us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
18347000 USD
us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
19528000 USD
CY2020Q3 us-gaap Interest Expense Domestic Deposit Liabilities Certificates Of Deposit
InterestExpenseDomesticDepositLiabilitiesCertificatesOfDeposit
8300000 USD
us-gaap Interest Expense Domestic Deposit Liabilities Certificates Of Deposit
InterestExpenseDomesticDepositLiabilitiesCertificatesOfDeposit
12828000 USD
us-gaap Interest Expense Domestic Deposit Liabilities Certificates Of Deposit
InterestExpenseDomesticDepositLiabilitiesCertificatesOfDeposit
27157000 USD
CY2021Q3 us-gaap Interest Expense Deposits
InterestExpenseDeposits
8691000 USD
CY2020Q3 us-gaap Interest Expense Deposits
InterestExpenseDeposits
14620000 USD
us-gaap Interest Expense Deposits
InterestExpenseDeposits
31175000 USD
us-gaap Interest Expense Deposits
InterestExpenseDeposits
46685000 USD
CY2021Q3 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
413700000 USD
CY2020Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
628400000 USD
CY2021Q3 ofg Public Fund Collateral Investments
PublicFundCollateralInvestments
290700000 USD
CY2020Q4 ofg Public Fund Collateral Investments
PublicFundCollateralInvestments
242800000 USD
CY2021Q3 us-gaap Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
731000 USD
CY2020Q4 us-gaap Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
1500000 USD
CY2021Q3 ofg Time Deposit Maturities Less Than Three Month
TimeDepositMaturitiesLessThanThreeMonth
260058000 USD
CY2021Q3 ofg Time Deposit Liability Uninsured Maturity Three Months Or Less
TimeDepositLiabilityUninsuredMaturityThreeMonthsOrLess
30995000 USD
CY2021Q3 ofg Time Deposit Maturities Over Three Months Through Six Months
TimeDepositMaturitiesOverThreeMonthsThroughSixMonths
169483000 USD
CY2021Q3 ofg Time Deposit Liability Uninsured Maturity Over Three Months Through Six Months
TimeDepositLiabilityUninsuredMaturityOverThreeMonthsThroughSixMonths
26898000 USD
CY2021Q3 ofg Time Deposit Maturities Over Six Months Through Twelve Months
TimeDepositMaturitiesOverSixMonthsThroughTwelveMonths
291306000 USD
CY2021Q3 ofg Time Deposit Liability Uninsured Maturity Over Six Months Through Twelve Months
TimeDepositLiabilityUninsuredMaturityOverSixMonthsThroughTwelveMonths
49311000 USD
CY2021Q3 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
720847000 USD
CY2021Q3 ofg Time Deposit Liability Uninsured Maturity Year One
TimeDepositLiabilityUninsuredMaturityYearOne
107204000 USD
CY2021Q3 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
341319000 USD
CY2021Q3 ofg Time Deposit Maturities Uninsured Year Two
TimeDepositMaturitiesUninsuredYearTwo
59694000 USD
CY2021Q3 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
125072000 USD
CY2021Q3 ofg Time Deposit Maturities Uninsured Year Three
TimeDepositMaturitiesUninsuredYearThree
27930000 USD
CY2021Q3 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
74835000 USD
CY2021Q3 ofg Time Deposit Maturities Uninsured Year Four
TimeDepositMaturitiesUninsuredYearFour
20121000 USD
CY2021Q3 ofg Time Deposit Maturities Uninsured Year Five
TimeDepositMaturitiesUninsuredYearFive
13365000 USD
CY2021Q3 us-gaap Time Deposit Maturities After Year Five
TimeDepositMaturitiesAfterYearFive
1409000 USD
CY2021Q3 ofg Time Deposit Maturities Uninsured After Year Five
TimeDepositMaturitiesUninsuredAfterYearFive
0 USD
CY2021Q3 ofg Total Time Deposits Excluding Equity Indexes Options
TotalTimeDepositsExcludingEquityIndexesOptions
1334323000 USD
CY2021Q3 ofg Time Deposit Liability Uninsured
TimeDepositLiabilityUninsured
228314000 USD
CY2020Q4 ofg Time Deposit Maturities Less Than Three Month
TimeDepositMaturitiesLessThanThreeMonth
379563000 USD
CY2020Q4 ofg Time Deposit Liability Uninsured Maturity Three Months Or Less
TimeDepositLiabilityUninsuredMaturityThreeMonthsOrLess
51172000 USD
CY2020Q4 ofg Time Deposit Maturities Over Three Months Through Six Months
TimeDepositMaturitiesOverThreeMonthsThroughSixMonths
403873000 USD
CY2020Q4 ofg Time Deposit Liability Uninsured Maturity Over Three Months Through Six Months
TimeDepositLiabilityUninsuredMaturityOverThreeMonthsThroughSixMonths
79297000 USD
CY2020Q4 ofg Time Deposit Maturities Over Six Months Through Twelve Months
TimeDepositMaturitiesOverSixMonthsThroughTwelveMonths
401244000 USD
CY2020Q4 ofg Time Deposit Liability Uninsured Maturity Over Six Months Through Twelve Months
TimeDepositLiabilityUninsuredMaturityOverSixMonthsThroughTwelveMonths
82070000 USD
CY2020Q4 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
1184680000 USD
CY2020Q4 ofg Time Deposit Liability Uninsured Maturity Year One
TimeDepositLiabilityUninsuredMaturityYearOne
212539000 USD
CY2020Q4 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
328336000 USD
CY2020Q4 ofg Time Deposit Maturities Uninsured Year Two
TimeDepositMaturitiesUninsuredYearTwo
52263000 USD
CY2020Q4 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
177701000 USD
CY2020Q4 ofg Time Deposit Maturities Uninsured Year Three
TimeDepositMaturitiesUninsuredYearThree
37351000 USD
CY2020Q4 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
75094000 USD
CY2020Q4 ofg Time Deposit Maturities Uninsured Year Four
TimeDepositMaturitiesUninsuredYearFour
16412000 USD
CY2020Q4 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
84390000 USD
CY2020Q4 ofg Time Deposit Maturities Uninsured Year Five
TimeDepositMaturitiesUninsuredYearFive
23799000 USD
CY2020Q4 us-gaap Time Deposit Maturities After Year Five
TimeDepositMaturitiesAfterYearFive
6199000 USD
CY2020Q4 ofg Time Deposit Maturities Uninsured After Year Five
TimeDepositMaturitiesUninsuredAfterYearFive
3500000 USD
CY2020Q4 ofg Total Time Deposits Excluding Equity Indexes Options
TotalTimeDepositsExcludingEquityIndexesOptions
1856400000 USD
CY2020Q4 ofg Time Deposit Liability Uninsured
TimeDepositLiabilityUninsured
345864000 USD
CY2021Q3 us-gaap Bank Overdrafts
BankOverdrafts
475000 USD
CY2020Q4 us-gaap Bank Overdrafts
BankOverdrafts
1100000 USD
CY2020Q4 us-gaap Subordinated Debt
SubordinatedDebt
36100000 USD
CY2021Q3 us-gaap Subordinated Debt
SubordinatedDebt
36100000 USD
CY2021Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
1136000 USD
CY2021Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
0 USD
CY2021Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
1136000 USD
CY2021Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
0 USD
CY2021Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
0 USD
CY2021Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
1136000 USD
CY2020Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
1712000 USD
CY2020Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
0 USD
CY2020Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
1712000 USD
CY2020Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
0 USD
CY2020Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
0 USD
CY2020Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
1712000 USD
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.375 pure
CY2019Q4 ofg Surtax Percent Included In Maximum Tax Rate
SurtaxPercentIncludedInMaximumTaxRate
0.10 pure
CY2021Q3 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
128700000 USD
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
162500000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.320 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.214 pure
ofg Estimated Annual Effective Tax Rate
EstimatedAnnualEffectiveTaxRate
0.328 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.320 pure
CY2021Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
780000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
728000 USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19600000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6300000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
53100000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13900000 USD
CY2020Q4 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
92000000.0 USD
CY2021Q3 us-gaap Common Stock Value
CommonStockValue
59900000 USD
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
59900000 USD
CY2021Q3 ofg Legal Surplus
LegalSurplus
114500000 USD
CY2020Q4 ofg Legal Surplus
LegalSurplus
103300000 USD
CY2021Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000.0 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1684921 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
40200000 USD
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
23.83
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
175000 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
2200000 USD
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
12.69
CY2021Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000 USD
CY2021Q3 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
390652 shares
CY2021Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
9900000 USD
CY2021Q3 us-gaap Share Price
SharePrice
25.22
CY2020Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
8498163 shares
CY2020Q4 us-gaap Treasury Stock Carrying Basis
TreasuryStockCarryingBasis
102949000 USD
CY2019Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
8486278 shares
CY2019Q4 us-gaap Treasury Stock Carrying Basis
TreasuryStockCarryingBasis
102339000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
275086 shares
ofg Common Shares Amount Used For Exercise Of Restricted Stock Units
CommonSharesAmountUsedForExerciseOfRestrictedStockUnits
2248000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
120630 shares
ofg Common Shares Amount Used For Exercise Of Restricted Stock Units
CommonSharesAmountUsedForExerciseOfRestrictedStockUnits
1470000 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1684921 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
40161000 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
175000 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
2226000 USD
CY2021Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
9907998 shares
CY2021Q3 us-gaap Treasury Stock Carrying Basis
TreasuryStockCarryingBasis
140862000 USD
CY2020Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
8540648 shares
CY2020Q3 us-gaap Treasury Stock Carrying Basis
TreasuryStockCarryingBasis
103095000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
41671000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
27438000 USD
us-gaap Net Income Loss
NetIncomeLoss
112871000 USD
us-gaap Net Income Loss
NetIncomeLoss
51026000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
41671000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
25810000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
111616000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
46142000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51063000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51342000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51364000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51361000 shares
CY2021Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
453000 shares
CY2020Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
185000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
384000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
202000 shares
CY2021Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
51516000 shares
CY2020Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
51527000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
51748000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
51563000 shares
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.82
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.50
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.18
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.90
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.81
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.50
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.15
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.89
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
132 shares
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3075 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8105 shares
CY2021Q3 ofg Acquired Standby Letters Of Credit And Financial Guarantees
AcquiredStandbyLettersOfCreditAndFinancialGuarantees
33900000 USD
CY2020Q4 ofg Acquired Standby Letters Of Credit And Financial Guarantees
AcquiredStandbyLettersOfCreditAndFinancialGuarantees
19500000 USD
CY2021Q3 us-gaap Continuing Involvement With Transferred Financial Assets Principal Amount Outstanding
ContinuingInvolvementWithTransferredFinancialAssetsPrincipalAmountOutstanding
124900000 USD
CY2020Q4 us-gaap Continuing Involvement With Transferred Financial Assets Principal Amount Outstanding
ContinuingInvolvementWithTransferredFinancialAssetsPrincipalAmountOutstanding
135300000 USD
CY2021Q2 us-gaap Liabilities For Guarantees On Long Duration Contracts Guaranteed Benefit Liability Gross
LiabilitiesForGuaranteesOnLongDurationContractsGuaranteedBenefitLiabilityGross
205000 USD
CY2020Q2 us-gaap Liabilities For Guarantees On Long Duration Contracts Guaranteed Benefit Liability Gross
LiabilitiesForGuaranteesOnLongDurationContractsGuaranteedBenefitLiabilityGross
894000 USD
CY2020Q4 us-gaap Liabilities For Guarantees On Long Duration Contracts Guaranteed Benefit Liability Gross
LiabilitiesForGuaranteesOnLongDurationContractsGuaranteedBenefitLiabilityGross
218000 USD
CY2019Q4 us-gaap Liabilities For Guarantees On Long Duration Contracts Guaranteed Benefit Liability Gross
LiabilitiesForGuaranteesOnLongDurationContractsGuaranteedBenefitLiabilityGross
985000 USD
CY2021Q3 us-gaap Guaranteed Benefit Liability Gross Period Increase Decrease
GuaranteedBenefitLiabilityGrossPeriodIncreaseDecrease
86000 USD
CY2020Q3 us-gaap Guaranteed Benefit Liability Gross Period Increase Decrease
GuaranteedBenefitLiabilityGrossPeriodIncreaseDecrease
-18000 USD
us-gaap Guaranteed Benefit Liability Gross Period Increase Decrease
GuaranteedBenefitLiabilityGrossPeriodIncreaseDecrease
73000 USD
us-gaap Guaranteed Benefit Liability Gross Period Increase Decrease
GuaranteedBenefitLiabilityGrossPeriodIncreaseDecrease
-109000 USD
CY2021Q3 us-gaap Liabilities For Guarantees On Long Duration Contracts Guaranteed Benefit Liability Gross
LiabilitiesForGuaranteesOnLongDurationContractsGuaranteedBenefitLiabilityGross
291000 USD
CY2020Q3 us-gaap Liabilities For Guarantees On Long Duration Contracts Guaranteed Benefit Liability Gross
LiabilitiesForGuaranteesOnLongDurationContractsGuaranteedBenefitLiabilityGross
876000 USD
CY2021Q3 us-gaap Liabilities For Guarantees On Long Duration Contracts Guaranteed Benefit Liability Gross
LiabilitiesForGuaranteesOnLongDurationContractsGuaranteedBenefitLiabilityGross
291000 USD
CY2020Q3 us-gaap Liabilities For Guarantees On Long Duration Contracts Guaranteed Benefit Liability Gross
LiabilitiesForGuaranteesOnLongDurationContractsGuaranteedBenefitLiabilityGross
876000 USD
CY2021Q3 ofg Repurchased Loan
RepurchasedLoan
517000 USD
CY2020Q3 ofg Repurchased Loan
RepurchasedLoan
1000 USD
ofg Repurchased Loan
RepurchasedLoan
2400000 USD
ofg Repurchased Loan
RepurchasedLoan
481000 USD
CY2021Q3 ofg Repurchased Loans Not Subject To Credit Recourse Provision
RepurchasedLoansNotSubjectToCreditRecourseProvision
8800000 USD
CY2020Q3 ofg Repurchased Loans Not Subject To Credit Recourse Provision
RepurchasedLoansNotSubjectToCreditRecourseProvision
9600000 USD
ofg Repurchased Loans Not Subject To Credit Recourse Provision
RepurchasedLoansNotSubjectToCreditRecourseProvision
31400000 USD
ofg Repurchased Loans Not Subject To Credit Recourse Provision
RepurchasedLoansNotSubjectToCreditRecourseProvision
18200000 USD
CY2021Q3 us-gaap Gains Losses On Recourse Debt
GainsLossesOnRecourseDebt
-85000 USD
CY2020Q3 us-gaap Gains Losses On Recourse Debt
GainsLossesOnRecourseDebt
-57000 USD
CY2021Q3 ofg Gain Loss On Repurchase Loan Not Subject To Credit Recourse
GainLossOnRepurchaseLoanNotSubjectToCreditRecourse
-728000 USD
CY2020Q3 ofg Gain Loss On Repurchase Loan Not Subject To Credit Recourse
GainLossOnRepurchaseLoanNotSubjectToCreditRecourse
892000 USD
us-gaap Gains Losses On Recourse Debt
GainsLossesOnRecourseDebt
-153000 USD
us-gaap Gains Losses On Recourse Debt
GainsLossesOnRecourseDebt
-1000 USD
ofg Gain Loss On Repurchase Loan Not Subject To Credit Recourse
GainLossOnRepurchaseLoanNotSubjectToCreditRecourse
-3500000 USD
ofg Gain Loss On Repurchase Loan Not Subject To Credit Recourse
GainLossOnRepurchaseLoanNotSubjectToCreditRecourse
-1200000 USD
CY2021Q3 ofg Amount Of Serviced Loans
AmountOfServicedLoans
5600000000 USD
CY2020Q4 ofg Amount Of Serviced Loans
AmountOfServicedLoans
5400000000 USD
CY2021Q3 ofg Funds Advanced To Investors Under Servicing Agreements
FundsAdvancedToInvestorsUnderServicingAgreements
16800000 USD
CY2020Q4 ofg Funds Advanced To Investors Under Servicing Agreements
FundsAdvancedToInvestorsUnderServicingAgreements
20700000 USD
CY2021Q3 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
1297736000 USD
CY2020Q4 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
1133503000 USD
CY2021Q3 ofg Commercial Letters Credit
CommercialLettersCredit
1700000 USD
CY2020Q4 ofg Commercial Letters Credit
CommercialLettersCredit
225000 USD
CY2021Q3 ofg Standby Letters Of Credit And Financial Guarantees
StandbyLettersOfCreditAndFinancialGuarantees
33853000 USD
CY2020Q4 ofg Standby Letters Of Credit And Financial Guarantees
StandbyLettersOfCreditAndFinancialGuarantees
19476000 USD
CY2021Q3 ofg Loans Sold With Recourse
LoansSoldWithRecourse
124860000 USD
CY2021Q3 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
1200000 USD
CY2020Q4 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
1100000 USD
CY2021Q3 ofg Other Non Credit Commitments
OtherNonCreditCommitments
10100000 USD
CY2020Q4 ofg Other Non Credit Commitments
OtherNonCreditCommitments
9000000.0 USD
CY2021Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
5600000 USD
CY2020Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
8100000 USD
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
2590000 USD
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
3260000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
8814000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
10148000 USD
CY2021Q3 us-gaap Variable Lease Cost
VariableLeaseCost
348000 USD
CY2020Q3 us-gaap Variable Lease Cost
VariableLeaseCost
459000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
1336000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
1630000 USD
CY2021Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
414000 USD
CY2020Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
358000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
560000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
386000 USD
CY2021Q3 us-gaap Sublease Income
SubleaseIncome
110000 USD
CY2020Q3 us-gaap Sublease Income
SubleaseIncome
125000 USD
us-gaap Sublease Income
SubleaseIncome
342000 USD
us-gaap Sublease Income
SubleaseIncome
374000 USD
CY2021Q3 us-gaap Lease Cost
LeaseCost
3242000 USD
CY2020Q3 us-gaap Lease Cost
LeaseCost
3952000 USD
us-gaap Lease Cost
LeaseCost
10368000 USD
us-gaap Lease Cost
LeaseCost
11790000 USD
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
30625000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
31383000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
32167000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
32566000 USD
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y8M12D
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.066 pure
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
10253000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
9299000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
8197000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6100000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4417000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
10264000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
48530000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
16363000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
32167000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0 USD
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0 USD
CY2020Q3 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
0 USD
us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
0 USD
CY2021Q3 ofg Checking Accounts Fees
CheckingAccountsFees
2281000 USD
CY2020Q3 ofg Checking Accounts Fees
CheckingAccountsFees
1940000 USD
ofg Checking Accounts Fees
CheckingAccountsFees
6329000 USD
ofg Checking Accounts Fees
CheckingAccountsFees
6572000 USD
CY2021Q3 ofg Savings Accounts Fees
SavingsAccountsFees
297000 USD
CY2020Q3 ofg Savings Accounts Fees
SavingsAccountsFees
354000 USD
ofg Savings Accounts Fees
SavingsAccountsFees
846000 USD
ofg Savings Accounts Fees
SavingsAccountsFees
1192000 USD
CY2021Q3 ofg Electronic Banking Fees
ElectronicBankingFees
13940000 USD
CY2020Q3 ofg Electronic Banking Fees
ElectronicBankingFees
12760000 USD
ofg Electronic Banking Fees
ElectronicBankingFees
41463000 USD
ofg Electronic Banking Fees
ElectronicBankingFees
34582000 USD
CY2021Q3 ofg Credit Life Commissions
CreditLifeCommissions
182000 USD
CY2020Q3 ofg Credit Life Commissions
CreditLifeCommissions
59000 USD
ofg Credit Life Commissions
CreditLifeCommissions
369000 USD
ofg Credit Life Commissions
CreditLifeCommissions
201000 USD
CY2021Q3 ofg Branch Service Commissions
BranchServiceCommissions
301000 USD
CY2020Q3 ofg Branch Service Commissions
BranchServiceCommissions
232000 USD
ofg Branch Service Commissions
BranchServiceCommissions
937000 USD
ofg Branch Service Commissions
BranchServiceCommissions
959000 USD
CY2021Q3 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
988000 USD
CY2020Q3 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
742000 USD
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
2460000 USD
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
1551000 USD
CY2021Q3 ofg International Fees
InternationalFees
215000 USD
CY2020Q3 ofg International Fees
InternationalFees
157000 USD
ofg International Fees
InternationalFees
520000 USD
ofg International Fees
InternationalFees
454000 USD
CY2021Q3 ofg Miscellaneous Income
MiscellaneousIncome
-6000 USD
CY2020Q3 ofg Miscellaneous Income
MiscellaneousIncome
53000 USD
ofg Miscellaneous Income
MiscellaneousIncome
15000 USD
ofg Miscellaneous Income
MiscellaneousIncome
167000 USD
CY2021Q3 ofg Total Banking Service Revenues
TotalBankingServiceRevenues
18198000 USD
CY2020Q3 ofg Total Banking Service Revenues
TotalBankingServiceRevenues
16297000 USD
ofg Total Banking Service Revenues
TotalBankingServiceRevenues
52939000 USD
ofg Total Banking Service Revenues
TotalBankingServiceRevenues
45678000 USD
CY2021Q3 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
2542000 USD
CY2020Q3 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
2486000 USD
us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
7768000 USD
us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
7308000 USD
CY2021Q3 ofg Broker Fees
BrokerFees
1981000 USD
CY2020Q3 ofg Broker Fees
BrokerFees
1746000 USD
ofg Broker Fees
BrokerFees
6433000 USD
ofg Broker Fees
BrokerFees
5128000 USD
CY2021Q3 ofg Trust Fees
TrustFees
2887000 USD
CY2020Q3 ofg Trust Fees
TrustFees
2788000 USD
ofg Trust Fees
TrustFees
8386000 USD
ofg Trust Fees
TrustFees
7818000 USD
CY2021Q3 ofg Retirement Plan And Administration Fees
RetirementPlanAndAdministrationFees
209000 USD
CY2020Q3 ofg Retirement Plan And Administration Fees
RetirementPlanAndAdministrationFees
252000 USD
ofg Retirement Plan And Administration Fees
RetirementPlanAndAdministrationFees
683000 USD
ofg Retirement Plan And Administration Fees
RetirementPlanAndAdministrationFees
670000 USD
CY2021Q3 ofg Wealth Management Revenue
WealthManagementRevenue
7619000 USD
CY2020Q3 ofg Wealth Management Revenue
WealthManagementRevenue
7272000 USD
ofg Wealth Management Revenue
WealthManagementRevenue
23270000 USD
ofg Wealth Management Revenue
WealthManagementRevenue
20924000 USD
CY2021Q3 ofg Servicingfeesamount
Servicingfeesamount
4388000 USD
CY2020Q3 ofg Servicingfeesamount
Servicingfeesamount
3139000 USD
ofg Servicingfeesamount
Servicingfeesamount
11865000 USD
ofg Servicingfeesamount
Servicingfeesamount
8506000 USD
CY2021Q3 ofg Gain Loss On Sale Of Mortgage Loans And Valuation
GainLossOnSaleOfMortgageLoansAndValuation
2622000 USD
CY2020Q3 ofg Gain Loss On Sale Of Mortgage Loans And Valuation
GainLossOnSaleOfMortgageLoansAndValuation
1613000 USD
ofg Gain Loss On Sale Of Mortgage Loans And Valuation
GainLossOnSaleOfMortgageLoansAndValuation
8045000 USD
ofg Gain Loss On Sale Of Mortgage Loans And Valuation
GainLossOnSaleOfMortgageLoansAndValuation
2679000 USD
CY2021Q3 ofg Other Fees
OtherFees
-815000 USD
CY2020Q3 ofg Other Fees
OtherFees
-835000 USD
ofg Other Fees
OtherFees
-3607000 USD
ofg Other Fees
OtherFees
-962000 USD
CY2021Q3 ofg Total Mortgage Banking Activities
TotalMortgageBankingActivities
6195000 USD
CY2020Q3 ofg Total Mortgage Banking Activities
TotalMortgageBankingActivities
3917000 USD
ofg Total Mortgage Banking Activities
TotalMortgageBankingActivities
16303000 USD
ofg Total Mortgage Banking Activities
TotalMortgageBankingActivities
10223000 USD
CY2021Q3 ofg Total Banking And Financial Service Revenues
TotalBankingAndFinancialServiceRevenues
32012000 USD
CY2020Q3 ofg Total Banking And Financial Service Revenues
TotalBankingAndFinancialServiceRevenues
27486000 USD
ofg Total Banking And Financial Service Revenues
TotalBankingAndFinancialServiceRevenues
92512000 USD
ofg Total Banking And Financial Service Revenues
TotalBankingAndFinancialServiceRevenues
76825000 USD
CY2021Q3 us-gaap Interest Expense
InterestExpense
9434000 USD
CY2021Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
112139000 USD
CY2021Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
102705000 USD
CY2021Q3 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
-4997000 USD
CY2021Q3 us-gaap Noninterest Income
NoninterestIncome
32517000 USD
CY2021Q3 us-gaap Noninterest Expense
NoninterestExpense
78924000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
61295000 USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19624000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
41671000 USD
CY2021Q3 us-gaap Assets
Assets
10606865000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
336584000 USD
us-gaap Interest Expense
InterestExpense
33418000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
303166000 USD
us-gaap Noninterest Income
NoninterestIncome
95115000 USD
us-gaap Noninterest Expense
NoninterestExpense
239266000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
165993000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
53122000 USD
us-gaap Net Income Loss
NetIncomeLoss
112871000 USD
CY2021Q3 us-gaap Assets
Assets
10606865000 USD
CY2020Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
114937000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
15404000 USD
CY2020Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
99533000 USD
CY2020Q3 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
13669000 USD
CY2020Q3 us-gaap Noninterest Income
NoninterestIncome
31326000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
33746000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6308000 USD
CY2020Q3 us-gaap Noninterest Expense
NoninterestExpense
83444000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
27438000 USD
CY2020Q3 us-gaap Assets
Assets
10018991000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
360326000 USD
us-gaap Interest Expense
InterestExpense
50632000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
309694000 USD
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
78496000 USD
us-gaap Noninterest Income
NoninterestIncome
89928000 USD
us-gaap Noninterest Expense
NoninterestExpense
256247000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
64879000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13853000 USD
us-gaap Net Income Loss
NetIncomeLoss
51026000 USD
CY2020Q3 us-gaap Assets
Assets
10018991000 USD

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