2024 Q3 Form 10-Q Financial Statement

#000103046924000031 Filed on August 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $0.00 $0.00
YoY Change
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 $6.792M
YoY Change -1.45%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $61.78M $71.26M
YoY Change -6.24% 8.32%
Income Tax $14.78M $20.13M
% Of Pretax Income 23.93% 28.25%
Net Earnings $47.00M $51.13M
YoY Change 4.74% 15.75%
Net Earnings / Revenue
Basic Earnings Per Share $1.01 $1.09
Diluted Earnings Per Share $1.00 $1.08
COMMON SHARES
Basic Shares Outstanding 46.56M shares 47.00M shares
Diluted Shares Outstanding 46.85M shares 47.13M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $680.6M $740.4M
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 $105.3M $104.4M
YoY Change 2.17% -17.16%
Goodwill $84.24M $84.24M
YoY Change 0.0% 0.0%
Intangibles $16.26M $17.74M
YoY Change -27.47% -26.53%
Long-Term Investments
YoY Change
Other Assets $4.094M
YoY Change -79.84%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $11.46B $11.26B
YoY Change 11.74% 12.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $163.0M
YoY Change 44.39%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $163.0M
YoY Change 44.39%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $163.0M
Total Long-Term Liabilities $0.00
Total Liabilities $10.14B $10.03B
YoY Change 10.71% 12.31%
SHAREHOLDERS EQUITY
Retained Earnings $737.8M $706.8M
YoY Change 21.46% 22.49%
Common Stock $59.90M $59.90M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.318B $1.228B
YoY Change
Total Liabilities & Shareholders Equity $11.46B $11.26B
YoY Change 11.74% 12.24%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $47.00M $51.13M
YoY Change 4.74% 15.75%
Depreciation, Depletion And Amortization $6.792M
YoY Change -1.45%
Cash From Operating Activities $95.09M
YoY Change 101.7%
INVESTING ACTIVITIES
Capital Expenditures $4.717M
YoY Change 3.94%
Acquisitions
YoY Change
Other Investing Activities -$101.3M
YoY Change 144.57%
Cash From Investing Activities -$106.0M
YoY Change 130.68%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.064M
YoY Change -93.84%
NET CHANGE
Cash From Operating Activities 95.09M
Cash From Investing Activities -106.0M
Cash From Financing Activities -3.064M
Net Change In Cash -13.96M
YoY Change -71.22%
FREE CASH FLOW
Cash From Operating Activities $95.09M
Capital Expenditures $4.717M
Free Cash Flow $90.37M
YoY Change 112.11%

Facts In Submission

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ProfitLossFromRealEstateOperations
4472000 usd
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
1000 usd
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
-25000 usd
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
60378000 usd
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
59847000 usd
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
56045000 usd
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
5596000 usd
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
1576000 usd
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
947000 usd
ofg Period Increase Decrease In Servicing Assets
PeriodIncreaseDecreaseInServicingAssets
269000 usd
ofg Period Increase Decrease In Servicing Assets
PeriodIncreaseDecreaseInServicingAssets
-955000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
34323000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
6458000 usd
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-1226000 usd
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
1083000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
40525000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-269000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
156077000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
99343000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
545356000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
47650000 usd
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
28016000 usd
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
9681000 usd
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
1813000 usd
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
2642000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
418623000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
176280000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
210817000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
10311000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Other Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments
27224000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Other Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments
44000 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
149406000 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
202133000 usd
us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
27159000 usd
us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
30957000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
30000 usd
us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
1435894000 usd
us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
1801377000 usd
us-gaap Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
1246285000 usd
us-gaap Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
1473429000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10903000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7656000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
57533000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
24178000 usd
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-172551000 usd
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-35417000 usd
ofg Increase Decrease In Fhlb Advances And Other Borrowings
IncreaseDecreaseInFHLBAdvancesAndOtherBorrowings
-2000 usd
ofg Increase Decrease In Fhlb Advances And Other Borrowings
IncreaseDecreaseInFHLBAdvancesAndOtherBorrowings
198714000 usd
ofg Proceeds From Payments To Stock Options And Restricted Units Lapsed Net
ProceedsFromPaymentsToStockOptionsAndRestrictedUnitsLapsedNet
-2221000 usd
ofg Proceeds From Payments To Stock Options And Restricted Units Lapsed Net
ProceedsFromPaymentsToStockOptionsAndRestrictedUnitsLapsedNet
-1738000 usd
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
24282000 usd
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
16467000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
22298000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
20104000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-221354000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
124988000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-7744000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
248509000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
748173000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
550464000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
740429000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
798973000 usd
CY2024Q2 us-gaap Cash And Due From Banks
CashAndDueFromBanks
735346000 usd
CY2023Q2 us-gaap Cash And Due From Banks
CashAndDueFromBanks
795546000 usd
CY2024Q2 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
5083000 usd
CY2023Q2 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
3427000 usd
us-gaap Interest Paid Net
InterestPaidNet
78619000 usd
us-gaap Interest Paid Net
InterestPaidNet
27706000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
11822000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3438000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
4911000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
5024000 usd
ofg Mortgage Loans Securitized Into Mortgage Backed Securities
MortgageLoansSecuritizedIntoMortgageBackedSecurities
38089000 usd
ofg Mortgage Loans Securitized Into Mortgage Backed Securities
MortgageLoansSecuritizedIntoMortgageBackedSecurities
53713000 usd
ofg Transfer Of Loans To Other Real Estate
TransferOfLoansToOtherRealEstate
23429000 usd
ofg Transfer Of Loans To Other Real Estate
TransferOfLoansToOtherRealEstate
25785000 usd
us-gaap Financing Receivable Reclassification To Held For Sale
FinancingReceivableReclassificationToHeldForSale
26840000 usd
us-gaap Financing Receivable Reclassification To Held For Sale
FinancingReceivableReclassificationToHeldForSale
86000 usd
us-gaap Transfer Of Loans Held For Sale To Portfolio Loans1
TransferOfLoansHeldForSaleToPortfolioLoans1
1084000 usd
us-gaap Transfer Of Loans Held For Sale To Portfolio Loans1
TransferOfLoansHeldForSaleToPortfolioLoans1
8736000 usd
ofg Financed Sales Of Foreclosed Real Estate
FinancedSalesOfForeclosedRealEstate
710000 usd
ofg Financed Sales Of Foreclosed Real Estate
FinancedSalesOfForeclosedRealEstate
488000 usd
ofg Loans Booked Under Gnma Buy Back Option
LoansBookedUnderGnmaBuyBackOption
19008000 usd
ofg Loans Booked Under Gnma Buy Back Option
LoansBookedUnderGnmaBuyBackOption
18417000 usd
CY2024Q2 ofg Reserve Required By Local Goverment
ReserveRequiredByLocalGoverment
474200000 usd
CY2023Q4 ofg Reserve Required By Local Goverment
ReserveRequiredByLocalGoverment
464500000 usd
CY2024Q2 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
5100000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
2198116000 usd
CY2024Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
10287000 usd
CY2024Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
112097000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
2096306000 usd
CY2024Q2 ofg Debt Securities Available For Sale Excluding Accrued Interest Weighted Average Yield1
DebtSecuritiesAvailableForSaleExcludingAccruedInterestWeightedAverageYield1
0.0417
CY2024Q2 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesHeldToMaturityExcludingAccruedInterestBeforeAllowanceForCreditLoss
338621000 usd
CY2024Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
72000 usd
CY2024Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
59256000 usd
CY2024Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
279437000 usd
CY2024Q2 ofg Debt Securities Held To Maturity Average Yield
DebtSecuritiesHeldToMaturityAverageYield
0.0220
CY2023Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
2177761000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
13476000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
91973000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
2099264000 usd
CY2023Q4 ofg Debt Securities Available For Sale Excluding Accrued Interest Weighted Average Yield1
DebtSecuritiesAvailableForSaleExcludingAccruedInterestWeightedAverageYield1
0.0407
CY2023Q4 us-gaap Debt Securities Held To Maturity Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesHeldToMaturityExcludingAccruedInterestBeforeAllowanceForCreditLoss
549024000 usd
CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
55000 usd
CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
58315000 usd
CY2023Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
490764000 usd
CY2023Q4 ofg Debt Securities Held To Maturity Average Yield
DebtSecuritiesHeldToMaturityAverageYield
0.0260
ofg Securitizedgnmapoolsretained
Securitizedgnmapoolsretained
38100000 usd
ofg Securitizedgnmapoolsretained
Securitizedgnmapoolsretained
41100000 usd
CY2024Q2 ofg Securitized Gnma Pool Yield Retained
SecuritizedGnmaPoolYieldRetained
0.0509
CY2023Q2 ofg Securitized Gnma Pool Yield Retained
SecuritizedGnmaPoolYieldRetained
0.0516
ofg Retained Fnma Pools
RetainedFNMAPools
12600000 usd
CY2023Q2 ofg Fnma Pools Retained Yield
FNMAPoolsRetainedYield
0.0531
ofg Retained Fnma Pools
RetainedFNMAPools
0 usd
CY2024Q2 ofg Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Amortized Cost
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAmortizedCost
1012881000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
107559000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
905322000 usd
CY2024Q2 ofg Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Amortized Cost
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAmortizedCost
235275000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
4538000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
230737000 usd
CY2024Q2 ofg Debt Securities Available For Sale Continuous Unrealized Loss Position Amortized Cost
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionAmortizedCost
1248156000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
112097000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
1136059000 usd
CY2023Q4 ofg Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Amortized Cost
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAmortizedCost
1017108000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
91590000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
925518000 usd
CY2023Q4 ofg Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Amortized Cost
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAmortizedCost
114099000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
383000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
113716000 usd
CY2023Q4 ofg Debt Securities Available For Sale Continuous Unrealized Loss Position Amortized Cost
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionAmortizedCost
1131207000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
91973000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
1039234000 usd
CY2024Q2 ofg Number Of Loan Portfolio Segments
NumberOfLoanPortfolioSegments
4 portfoliosegment
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
7639707000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
7534379000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
157301000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
161106000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
7482406000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
7373273000 usd
CY2024Q2 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
20736000 usd
CY2023Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
28345000 usd
CY2024Q2 us-gaap Financing Receivable Covered And Not Covered After Allowance For Credit Loss Fee Premium And Discount
FinancingReceivableCoveredAndNotCoveredAfterAllowanceForCreditLossFeePremiumAndDiscount
7503142000 usd
CY2023Q4 us-gaap Financing Receivable Covered And Not Covered After Allowance For Credit Loss Fee Premium And Discount
FinancingReceivableCoveredAndNotCoveredAfterAllowanceForCreditLossFeePremiumAndDiscount
7401618000 usd
CY2024Q2 ofg Financing Receivable Excluding Accrued Interest Receivable Nonaccrual With Allowance
FinancingReceivableExcludingAccruedInterestReceivableNonaccrualWithAllowance
49139000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual No Allowance
FinancingReceivableExcludingAccruedInterestNonaccrualNoAllowance
23056000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual
FinancingReceivableExcludingAccruedInterestNonaccrual
72195000 usd
CY2023Q4 ofg Financing Receivable Excluding Accrued Interest Receivable Nonaccrual With Allowance
FinancingReceivableExcludingAccruedInterestReceivableNonaccrualWithAllowance
63399000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual No Allowance
FinancingReceivableExcludingAccruedInterestNonaccrualNoAllowance
16000000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual
FinancingReceivableExcludingAccruedInterestNonaccrual
79399000 usd
us-gaap Financing Receivable Accrued Interest Modified
FinancingReceivableAccruedInterestModified
1000 usd
us-gaap Financing Receivable Accrued Interest Modified
FinancingReceivableAccruedInterestModified
5000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Modified Past12 Months
FinancingReceivableExcludingAccruedInterestModifiedPast12Months
6116000 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Modified Past12 Months
FinancingReceivableExcludingAccruedInterestModifiedPast12Months
15752000 usd
CY2024Q2 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
16700000 usd
CY2023Q4 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
24100000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Revolving Converted To Term Loan
FinancingReceivableExcludingAccruedInterestRevolvingConvertedToTermLoan
177700000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Revolving Converted To Term Loan
FinancingReceivableExcludingAccruedInterestRevolvingConvertedToTermLoan
144100000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease
-3800000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery
34800000 usd
ofg Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Increase Decrease In Writeoff After Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossIncreaseDecreaseInWriteoffAfterRecovery
18100000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
157301000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
159923000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
159923000 usd
CY2024Q1 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
10850000 usd
CY2023Q1 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
9250000 usd
CY2023Q4 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
10780000 usd
CY2022Q4 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
11214000 usd
CY2024Q2 ofg Otherrealestateownedadditions
Otherrealestateownedadditions
706000 usd
CY2023Q2 ofg Otherrealestateownedadditions
Otherrealestateownedadditions
3196000 usd
ofg Otherrealestateownedadditions
Otherrealestateownedadditions
2051000 usd
ofg Otherrealestateownedadditions
Otherrealestateownedadditions
4634000 usd
CY2024Q2 ofg Otherrealestateownedsales
Otherrealestateownedsales
5104000 usd
CY2023Q2 ofg Otherrealestateownedsales
Otherrealestateownedsales
3072000 usd
ofg Otherrealestateownedsales
Otherrealestateownedsales
6930000 usd
ofg Otherrealestateownedsales
Otherrealestateownedsales
6653000 usd
CY2024Q2 ofg Other Real Estate Owned Write Downs
OtherRealEstateOwnedWriteDowns
131000 usd
CY2023Q2 ofg Other Real Estate Owned Write Downs
OtherRealEstateOwnedWriteDowns
272000 usd
ofg Other Real Estate Owned Write Downs
OtherRealEstateOwnedWriteDowns
301000 usd
ofg Other Real Estate Owned Write Downs
OtherRealEstateOwnedWriteDowns
400000 usd
CY2024Q2 ofg Otherrealestateownedotheradjustments
Otherrealestateownedotheradjustments
205000 usd
CY2023Q2 ofg Otherrealestateownedotheradjustments
Otherrealestateownedotheradjustments
1537000 usd
ofg Otherrealestateownedotheradjustments
Otherrealestateownedotheradjustments
926000 usd
ofg Otherrealestateownedotheradjustments
Otherrealestateownedotheradjustments
1844000 usd
CY2024Q2 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
6526000 usd
CY2023Q2 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
10639000 usd
CY2024Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
49800000 usd
CY2023Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
49500000 usd
CY2024Q1 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
49553000 usd
CY2023Q1 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
49345000 usd
CY2023Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
49520000 usd
CY2022Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
50921000 usd
CY2024Q2 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
303000 usd
CY2023Q2 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
791000 usd
us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
830000 usd
us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
1365000 usd
CY2024Q2 us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-732000 usd
CY2023Q2 us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-1085000 usd
us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-1652000 usd
us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-2150000 usd
CY2024Q2 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
665000 usd
CY2023Q2 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
915000 usd
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
1091000 usd
us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-170000 usd
CY2024Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
49789000 usd
CY2023Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
49966000 usd
CY2024Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
49789000 usd
CY2023Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
49966000 usd
CY2024Q2 us-gaap Servicing Asset
ServicingAsset
49789000 usd
CY2023Q4 us-gaap Servicing Asset
ServicingAsset
49520000 usd
us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Weighted Average Life1
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueWeightedAverageLife1
P7Y3M18D
CY2023 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Weighted Average Life1
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueWeightedAverageLife1
P7Y3M18D
CY2024Q2 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
924000 usd
CY2023Q4 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
928000 usd
CY2024Q2 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
1812000 usd
CY2023Q4 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
1821000 usd
CY2024Q2 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
2021000 usd
CY2023Q4 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
1999000 usd
CY2024Q2 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
3898000 usd
CY2023Q4 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
3856000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
84241000 usd
CY2024Q2 us-gaap Goodwill
Goodwill
84241000 usd
CY2024Q2 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
0 usd
us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
0 usd
CY2023Q2 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
0 usd
us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
0 usd
CY2024Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 usd
CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
54200000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
36462000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
17738000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
54200000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
33506000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
20694000 usd
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 usd
CY2024Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1500000 usd
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1700000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3000000.0 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3400000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
5913000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
4927000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
3942000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2956000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1971000 usd
CY2024Q2 ofg Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
985000 usd
CY2024Q2 us-gaap Interest Receivable
InterestReceivable
72969000 usd
CY2023Q4 us-gaap Interest Receivable
InterestReceivable
71400000 usd
CY2024Q2 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
88481000 usd
CY2023Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
63040000 usd
CY2024Q2 us-gaap Other Foreclosed Assets
OtherForeclosedAssets
5713000 usd
CY2023Q4 us-gaap Other Foreclosed Assets
OtherForeclosedAssets
4032000 usd
CY2024Q2 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
56760000 usd
CY2023Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
47859000 usd
CY2024Q2 us-gaap Other Assets
OtherAssets
150954000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
114931000 usd
CY2024Q2 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
88500000 usd
CY2024Q2 us-gaap Prepaid Taxes
PrepaidTaxes
76600000 usd
CY2023Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
63000000.0 usd
CY2023Q4 us-gaap Prepaid Taxes
PrepaidTaxes
54700000 usd
CY2024Q2 us-gaap Other Foreclosed Assets
OtherForeclosedAssets
5700000 usd
CY2023Q4 us-gaap Other Foreclosed Assets
OtherForeclosedAssets
4000000.0 usd
CY2024Q2 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
2608902000 usd
CY2023Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
2537431000 usd
CY2024Q2 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
5410804000 usd
CY2023Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
5601099000 usd
CY2024Q2 us-gaap Interest Bearing Domestic Deposit Certificates Of Deposits
InterestBearingDomesticDepositCertificatesOfDeposits
1142257000 usd
CY2023Q4 us-gaap Interest Bearing Domestic Deposit Certificates Of Deposits
InterestBearingDomesticDepositCertificatesOfDeposits
1083316000 usd
CY2024Q2 ofg Interest Bearing Domestic Deposit Certificates Of Deposits Institutional
InterestBearingDomesticDepositCertificatesOfDepositsInstitutional
442869000 usd
CY2023Q4 ofg Interest Bearing Domestic Deposit Certificates Of Deposits Institutional
InterestBearingDomesticDepositCertificatesOfDepositsInstitutional
378143000 usd
CY2024Q2 us-gaap Deposits Retail
DepositsRetail
9604832000 usd
CY2023Q4 us-gaap Deposits Retail
DepositsRetail
9599989000 usd
CY2024Q2 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
418000 usd
CY2023Q4 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
162180000 usd
CY2024Q2 us-gaap Deposits
Deposits
9605250000 usd
CY2023Q4 us-gaap Deposits
Deposits
9762169000 usd
CY2024Q2 us-gaap Deposit Liability Uninsured
DepositLiabilityUninsured
4979000000 usd
CY2024Q2 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits
PercentageOfInterestBearingDomesticDepositsToDeposits
0.52
CY2023Q4 us-gaap Deposit Liability Uninsured
DepositLiabilityUninsured
4885000000 usd
CY2023Q4 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits
PercentageOfInterestBearingDomesticDepositsToDeposits
0.500
CY2024Q2 us-gaap Weighted Average Rate Domestic Deposit
WeightedAverageRateDomesticDeposit
0.0150
CY2023Q4 us-gaap Weighted Average Rate Domestic Deposit
WeightedAverageRateDomesticDeposit
0.0088
CY2024Q2 us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
26682000 usd
CY2023Q2 us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
10423000 usd
us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
52748000 usd
us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
19092000 usd
CY2024Q2 us-gaap Interest Expense Domestic Deposit Liabilities Certificates Of Deposit
InterestExpenseDomesticDepositLiabilitiesCertificatesOfDeposit
11130000 usd
CY2023Q2 us-gaap Interest Expense Domestic Deposit Liabilities Certificates Of Deposit
InterestExpenseDomesticDepositLiabilitiesCertificatesOfDeposit
5493000 usd
us-gaap Interest Expense Domestic Deposit Liabilities Certificates Of Deposit
InterestExpenseDomesticDepositLiabilitiesCertificatesOfDeposit
21856000 usd
us-gaap Interest Expense Domestic Deposit Liabilities Certificates Of Deposit
InterestExpenseDomesticDepositLiabilitiesCertificatesOfDeposit
9321000 usd
CY2024Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
37812000 usd
CY2023Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
15916000 usd
us-gaap Interest Expense Deposits
InterestExpenseDeposits
74604000 usd
us-gaap Interest Expense Deposits
InterestExpenseDeposits
28413000 usd
CY2024Q2 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
867300000 usd
CY2023Q4 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
747200000 usd
CY2024Q2 ofg Public Fund Collateral Investments
PublicFundCollateralInvestments
1679000000 usd
CY2023Q4 ofg Public Fund Collateral Investments
PublicFundCollateralInvestments
1645000000 usd
CY2024Q2 us-gaap Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
1800000 usd
CY2023Q4 us-gaap Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
3000000.0 usd
CY2024Q2 ofg Time Deposit Maturities Less Than Three Month
TimeDepositMaturitiesLessThanThreeMonth
312747000 usd
CY2024Q2 us-gaap Time Deposit Liability Uninsured Maturity Three Months Or Less
TimeDepositLiabilityUninsuredMaturityThreeMonthsOrLess
137864000 usd
CY2024Q2 ofg Time Deposit Maturities Over Three Months Through Six Months
TimeDepositMaturitiesOverThreeMonthsThroughSixMonths
227691000 usd
CY2024Q2 us-gaap Time Deposit Liability Uninsured Maturity Over Three Months Through Six Months
TimeDepositLiabilityUninsuredMaturityOverThreeMonthsThroughSixMonths
95415000 usd
CY2024Q2 ofg Time Deposit Maturities Over Six Months Through Twelve Months
TimeDepositMaturitiesOverSixMonthsThroughTwelveMonths
590451000 usd
CY2024Q2 us-gaap Time Deposit Liability Uninsured Maturity Over Six Months Through Twelve Months
TimeDepositLiabilityUninsuredMaturityOverSixMonthsThroughTwelveMonths
250814000 usd
CY2024Q2 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
1130889000 usd
CY2024Q2 ofg Time Deposit Liability Uninsured Maturity Year One
TimeDepositLiabilityUninsuredMaturityYearOne
484093000 usd
CY2024Q2 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
308181000 usd
CY2024Q2 ofg Time Deposit Maturities Uninsured Year Two
TimeDepositMaturitiesUninsuredYearTwo
93103000 usd
CY2024Q2 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
66580000 usd
CY2024Q2 ofg Time Deposit Maturities Uninsured Year Three
TimeDepositMaturitiesUninsuredYearThree
7465000 usd
CY2024Q2 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
38804000 usd
CY2024Q2 ofg Time Deposit Maturities Uninsured Year Four
TimeDepositMaturitiesUninsuredYearFour
1699000 usd
CY2024Q2 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
38808000 usd
CY2024Q2 ofg Time Deposit Maturities Uninsured Year Five
TimeDepositMaturitiesUninsuredYearFive
4971000 usd
CY2024Q2 us-gaap Time Deposit Maturities After Year Five
TimeDepositMaturitiesAfterYearFive
527000 usd
CY2024Q2 ofg Time Deposit Maturities Uninsured After Year Five
TimeDepositMaturitiesUninsuredAfterYearFive
0 usd
CY2024Q2 ofg Total Time Deposits Excluding Equity Indexes Options
TotalTimeDepositsExcludingEquityIndexesOptions
1583789000 usd
CY2024Q2 us-gaap Time Deposit Liability Uninsured
TimeDepositLiabilityUninsured
591331000 usd
CY2023Q4 ofg Time Deposit Maturities Less Than Three Month
TimeDepositMaturitiesLessThanThreeMonth
457533000 usd
CY2023Q4 us-gaap Time Deposit Liability Uninsured Maturity Three Months Or Less
TimeDepositLiabilityUninsuredMaturityThreeMonthsOrLess
115392000 usd
CY2023Q4 ofg Time Deposit Maturities Over Three Months Through Six Months
TimeDepositMaturitiesOverThreeMonthsThroughSixMonths
195902000 usd
CY2023Q4 us-gaap Time Deposit Liability Uninsured Maturity Over Three Months Through Six Months
TimeDepositLiabilityUninsuredMaturityOverThreeMonthsThroughSixMonths
61245000 usd
CY2023Q4 ofg Time Deposit Maturities Over Six Months Through Twelve Months
TimeDepositMaturitiesOverSixMonthsThroughTwelveMonths
329758000 usd
CY2023Q4 us-gaap Time Deposit Liability Uninsured Maturity Over Six Months Through Twelve Months
TimeDepositLiabilityUninsuredMaturityOverSixMonthsThroughTwelveMonths
113524000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
983193000 usd
CY2023Q4 ofg Time Deposit Liability Uninsured Maturity Year One
TimeDepositLiabilityUninsuredMaturityYearOne
290161000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
467348000 usd
CY2023Q4 ofg Time Deposit Maturities Uninsured Year Two
TimeDepositMaturitiesUninsuredYearTwo
201478000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
94450000 usd
CY2023Q4 ofg Time Deposit Maturities Uninsured Year Three
TimeDepositMaturitiesUninsuredYearThree
13971000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
29514000 usd
CY2023Q4 ofg Time Deposit Maturities Uninsured Year Four
TimeDepositMaturitiesUninsuredYearFour
1379000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
45575000 usd
CY2023Q4 ofg Time Deposit Maturities Uninsured Year Five
TimeDepositMaturitiesUninsuredYearFive
4665000 usd
CY2023Q4 us-gaap Time Deposit Maturities After Year Five
TimeDepositMaturitiesAfterYearFive
608000 usd
CY2023Q4 ofg Time Deposit Maturities Uninsured After Year Five
TimeDepositMaturitiesUninsuredAfterYearFive
0 usd
CY2023Q4 ofg Total Time Deposits Excluding Equity Indexes Options
TotalTimeDepositsExcludingEquityIndexesOptions
1620688000 usd
CY2023Q4 us-gaap Time Deposit Liability Uninsured
TimeDepositLiabilityUninsured
511654000 usd
CY2024Q2 us-gaap Bank Overdrafts
BankOverdrafts
650000 usd
CY2023Q4 us-gaap Bank Overdrafts
BankOverdrafts
564000 usd
CY2024Q2 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Amount Of Available Unused Funds
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresAmountOfAvailableUnusedFunds
451600000 usd
CY2023Q4 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Amount Of Available Unused Funds
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresAmountOfAvailableUnusedFunds
446000000.0 usd
ofg Fhlb Advances Weighted Average Maturity
FhlbAdvancesWeightedAverageMaturity
P8M
CY2023 ofg Fhlb Advances Weighted Average Maturity
FhlbAdvancesWeightedAverageMaturity
P1Y2M12D
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.375
CY2024Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
6500000 usd
CY2024Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
4100000 usd
CY2024Q2 ofg Deferred Tax Liability Valuation Allowance
DeferredTaxLiabilityValuationAllowance
610000 usd
CY2024Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
33900000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
7000000.0 usd
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
4900000 usd
CY2023Q4 ofg Deferred Tax Liability Valuation Allowance
DeferredTaxLiabilityValuationAllowance
569000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
22400000 usd
ofg Increase Decrease In Valuation Allowance
IncreaseDecreaseInValuationAllowance
-528000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.276
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.309
ofg Expected Effective Income Tax Rate
ExpectedEffectiveIncomeTaxRate
0.292
CY2024Q2 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
970000 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
936000 usd
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20100000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
21600000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38400000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
40500000 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
59900000 usd
CY2024Q2 us-gaap Common Stock Value
CommonStockValue
59900000 usd
CY2024Q2 us-gaap Statutory Accounting Practices Statutory Capital And Surplus Balance
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
160600000 usd
CY2023Q4 us-gaap Statutory Accounting Practices Statutory Capital And Surplus Balance
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
151000000.0 usd
CY2024Q2 ofg Transfer To Legal Surplus
TransferToLegalSurplus
4800000 usd
ofg Transfer To Legal Surplus
TransferToLegalSurplus
9600000 usd
CY2023Q2 ofg Transfer To Legal Surplus
TransferToLegalSurplus
4200000 usd
ofg Transfer To Legal Surplus
TransferToLegalSurplus
8700000 usd
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
669200 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
24300000 usd
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
36.28
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
0 shares
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
0 shares
CY2024Q1 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
12668663 shares
CY2024Q1 us-gaap Treasury Stock Carrying Basis
TreasuryStockCarryingBasis
226896000 usd
CY2023Q1 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
12273832 shares
CY2023Q1 us-gaap Treasury Stock Carrying Basis
TreasuryStockCarryingBasis
212794000 usd
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
14161 shares
CY2024Q2 ofg Common Shares Amount Used For Exercise Of Restricted Stock Units
CommonSharesAmountUsedForExerciseOfRestrictedStockUnits
227000 usd
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
30084 shares
CY2023Q2 ofg Common Shares Amount Used For Exercise Of Restricted Stock Units
CommonSharesAmountUsedForExerciseOfRestrictedStockUnits
137000 usd
CY2024Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
669200 shares
CY2024Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
24282000 usd
CY2023Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
565299 shares
CY2023Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
13573000 usd
CY2024Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
13323702 shares
CY2024Q2 us-gaap Treasury Stock Carrying Basis
TreasuryStockCarryingBasis
250951000 usd
CY2023Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
12809047 shares
CY2023Q2 us-gaap Treasury Stock Carrying Basis
TreasuryStockCarryingBasis
226230000 usd
CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
12820078 shares
CY2023Q4 us-gaap Treasury Stock Carrying Basis
TreasuryStockCarryingBasis
228350000 usd
CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
12303859 shares
CY2022Q4 us-gaap Treasury Stock Carrying Basis
TreasuryStockCarryingBasis
211135000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
165576 shares
ofg Common Shares Amount Used For Exercise Of Restricted Stock Units
CommonSharesAmountUsedForExerciseOfRestrictedStockUnits
1681000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
164911 shares
ofg Common Shares Amount Used For Exercise Of Restricted Stock Units
CommonSharesAmountUsedForExerciseOfRestrictedStockUnits
1372000 usd
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
669200 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
24282000 usd
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
670099 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
16467000 usd
CY2024Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
13323702 shares
CY2024Q2 us-gaap Treasury Stock Carrying Basis
TreasuryStockCarryingBasis
250951000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-12505000 usd
CY2023Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-1281000 usd
CY2023Q2 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
-11224000 usd
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
1971000 usd
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-1874000 usd
us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
3845000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
51131000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
44173000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
100823000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
90402000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46952000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47266000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47024000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47432000 shares
CY2024Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
179000 shares
CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
224000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
220000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
284000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47131000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47490000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47244000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47716000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.09
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.93
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.14
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.91
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.08
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.93
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.13
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.89
CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
147878 shares
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
128681 shares
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
CY2024Q2 ofg Acquired Standby Letters Of Credit And Financial Guarantees
AcquiredStandbyLettersOfCreditAndFinancialGuarantees
25000000.0 usd
CY2023Q4 ofg Acquired Standby Letters Of Credit And Financial Guarantees
AcquiredStandbyLettersOfCreditAndFinancialGuarantees
24000000.0 usd
CY2024Q1 us-gaap Liabilities For Guarantees On Long Duration Contracts Guaranteed Benefit Liability Gross
LiabilitiesForGuaranteesOnLongDurationContractsGuaranteedBenefitLiabilityGross
73000 usd
CY2023Q1 us-gaap Liabilities For Guarantees On Long Duration Contracts Guaranteed Benefit Liability Gross
LiabilitiesForGuaranteesOnLongDurationContractsGuaranteedBenefitLiabilityGross
141000 usd
CY2023Q4 us-gaap Liabilities For Guarantees On Long Duration Contracts Guaranteed Benefit Liability Gross
LiabilitiesForGuaranteesOnLongDurationContractsGuaranteedBenefitLiabilityGross
102000 usd
CY2022Q4 us-gaap Liabilities For Guarantees On Long Duration Contracts Guaranteed Benefit Liability Gross
LiabilitiesForGuaranteesOnLongDurationContractsGuaranteedBenefitLiabilityGross
147000 usd
CY2024Q2 us-gaap Guaranteed Benefit Liability Gross Period Increase Decrease
GuaranteedBenefitLiabilityGrossPeriodIncreaseDecrease
-14000 usd
CY2023Q2 us-gaap Guaranteed Benefit Liability Gross Period Increase Decrease
GuaranteedBenefitLiabilityGrossPeriodIncreaseDecrease
9000 usd
us-gaap Guaranteed Benefit Liability Gross Period Increase Decrease
GuaranteedBenefitLiabilityGrossPeriodIncreaseDecrease
-43000 usd
us-gaap Guaranteed Benefit Liability Gross Period Increase Decrease
GuaranteedBenefitLiabilityGrossPeriodIncreaseDecrease
3000 usd
CY2024Q2 us-gaap Liabilities For Guarantees On Long Duration Contracts Guaranteed Benefit Liability Gross
LiabilitiesForGuaranteesOnLongDurationContractsGuaranteedBenefitLiabilityGross
59000 usd
CY2023Q2 us-gaap Liabilities For Guarantees On Long Duration Contracts Guaranteed Benefit Liability Gross
LiabilitiesForGuaranteesOnLongDurationContractsGuaranteedBenefitLiabilityGross
150000 usd
CY2024Q2 us-gaap Liabilities For Guarantees On Long Duration Contracts Guaranteed Benefit Liability Gross
LiabilitiesForGuaranteesOnLongDurationContractsGuaranteedBenefitLiabilityGross
59000 usd
CY2023Q2 us-gaap Liabilities For Guarantees On Long Duration Contracts Guaranteed Benefit Liability Gross
LiabilitiesForGuaranteesOnLongDurationContractsGuaranteedBenefitLiabilityGross
150000 usd
CY2024Q2 ofg Repurchased Loans Not Subject To Credit Recourse Provision
RepurchasedLoansNotSubjectToCreditRecourseProvision
915000 usd
CY2023Q2 ofg Repurchased Loans Not Subject To Credit Recourse Provision
RepurchasedLoansNotSubjectToCreditRecourseProvision
4200000 usd
ofg Repurchased Loans Not Subject To Credit Recourse Provision
RepurchasedLoansNotSubjectToCreditRecourseProvision
1900000 usd
ofg Repurchased Loans Not Subject To Credit Recourse Provision
RepurchasedLoansNotSubjectToCreditRecourseProvision
6400000 usd
CY2024Q2 ofg Amount Of Serviced Loans
AmountOfServicedLoans
5600000000 usd
CY2023Q4 ofg Amount Of Serviced Loans
AmountOfServicedLoans
5600000000 usd
CY2024Q2 ofg Funds Advanced To Investors Under Servicing Agreements
FundsAdvancedToInvestorsUnderServicingAgreements
3700000 usd
CY2023Q4 ofg Funds Advanced To Investors Under Servicing Agreements
FundsAdvancedToInvestorsUnderServicingAgreements
4200000 usd
CY2024Q2 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
1424489000 usd
CY2023Q4 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
1255695000 usd
CY2024Q2 ofg Commercial Letters Credit
CommercialLettersCredit
1384000 usd
CY2023Q4 ofg Commercial Letters Credit
CommercialLettersCredit
119000 usd
CY2024Q2 ofg Standby Letters Of Credit And Financial Guarantees
StandbyLettersOfCreditAndFinancialGuarantees
25028000 usd
CY2023Q4 ofg Standby Letters Of Credit And Financial Guarantees
StandbyLettersOfCreditAndFinancialGuarantees
23970000 usd
CY2024Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
833000 usd
CY2023Q4 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
1200000 usd
CY2023Q4 ofg Other Non Credit Commitments
OtherNonCreditCommitments
18900000 usd
CY2024Q2 ofg Other Non Credit Commitments
OtherNonCreditCommitments
18900000 usd
CY2024Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
2261000 usd
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
2608000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
4914000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
5208000 usd
CY2024Q2 us-gaap Variable Lease Cost
VariableLeaseCost
370000 usd
CY2023Q2 us-gaap Variable Lease Cost
VariableLeaseCost
347000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
781000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
687000 usd
CY2024Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
91000 usd
CY2023Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
148000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
141000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
305000 usd
CY2024Q2 us-gaap Sublease Income
SubleaseIncome
29000 usd
CY2023Q2 us-gaap Sublease Income
SubleaseIncome
17000 usd
us-gaap Sublease Income
SubleaseIncome
51000 usd
us-gaap Sublease Income
SubleaseIncome
54000 usd
CY2024Q2 us-gaap Lease Cost
LeaseCost
2693000 usd
CY2023Q2 us-gaap Lease Cost
LeaseCost
3086000 usd
us-gaap Lease Cost
LeaseCost
5785000 usd
us-gaap Lease Cost
LeaseCost
6146000 usd
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
20298000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
21725000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
22605000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
24029000 usd
CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y1M6D
CY2024Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.075
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.070
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
4093000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
6676000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4620000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3793000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2980000 usd
CY2024Q2 ofg Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
5184000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
27346000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4741000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
22605000 usd
ofg Fair Value Recurring Basis Unobservable Input Reconciliation Asset Gain Loss Statement Of Income Extensible List Not Disclosed Flag
FairValueRecurringBasisUnobservableInputReconciliationAssetGainLossStatementOfIncomeExtensibleListNotDisclosedFlag
Gains included in earnings
ofg Fair Value Recurring Basis Unobservable Input Reconciliation Asset Gain Loss Statement Of Income Extensible List Not Disclosed Flag
FairValueRecurringBasisUnobservableInputReconciliationAssetGainLossStatementOfIncomeExtensibleListNotDisclosedFlag
Gains included in earnings
ofg Fair Value Recurring Basis Unobservable Input Reconciliation Asset Gain Loss Statement Of Other Comprehensive Income Extensible List Not Disclosed Flag
FairValueRecurringBasisUnobservableInputReconciliationAssetGainLossStatementOfOtherComprehensiveIncomeExtensibleListNotDisclosedFlag
Gains included in other comprehensive income
ofg Fair Value Recurring Basis Unobservable Input Reconciliation Asset Gain Loss Statement Of Other Comprehensive Income Extensible List Not Disclosed Flag
FairValueRecurringBasisUnobservableInputReconciliationAssetGainLossStatementOfOtherComprehensiveIncomeExtensibleListNotDisclosedFlag
Gains included in other comprehensive income
CY2024Q2 ofg Electronic Banking Fees
ElectronicBankingFees
14718000 usd
CY2023Q2 ofg Electronic Banking Fees
ElectronicBankingFees
13603000 usd
ofg Electronic Banking Fees
ElectronicBankingFees
28408000 usd
ofg Electronic Banking Fees
ElectronicBankingFees
26969000 usd
CY2024Q2 ofg Checking Accounts Fees
CheckingAccountsFees
1894000 usd
CY2023Q2 ofg Checking Accounts Fees
CheckingAccountsFees
2184000 usd
ofg Checking Accounts Fees
CheckingAccountsFees
4061000 usd
ofg Checking Accounts Fees
CheckingAccountsFees
4404000 usd
CY2024Q2 ofg Savings Accounts Fees
SavingsAccountsFees
307000 usd
CY2023Q2 ofg Savings Accounts Fees
SavingsAccountsFees
327000 usd
ofg Savings Accounts Fees
SavingsAccountsFees
615000 usd
ofg Savings Accounts Fees
SavingsAccountsFees
660000 usd
CY2024Q2 ofg Credit Life Commissions
CreditLifeCommissions
73000 usd
CY2023Q2 ofg Credit Life Commissions
CreditLifeCommissions
119000 usd
ofg Credit Life Commissions
CreditLifeCommissions
77000 usd
ofg Credit Life Commissions
CreditLifeCommissions
224000 usd
CY2024Q2 ofg Branch Service Commissions
BranchServiceCommissions
275000 usd
CY2023Q2 ofg Branch Service Commissions
BranchServiceCommissions
324000 usd
ofg Branch Service Commissions
BranchServiceCommissions
621000 usd
ofg Branch Service Commissions
BranchServiceCommissions
746000 usd
CY2024Q2 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
1325000 usd
CY2023Q2 us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
702000 usd
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
1893000 usd
us-gaap Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
1584000 usd
CY2024Q2 ofg International Fees
InternationalFees
184000 usd
CY2023Q2 ofg International Fees
InternationalFees
179000 usd
ofg International Fees
InternationalFees
356000 usd
ofg International Fees
InternationalFees
362000 usd
CY2024Q2 ofg Miscellaneous Income
MiscellaneousIncome
5000 usd
CY2023Q2 ofg Miscellaneous Income
MiscellaneousIncome
2000 usd
ofg Miscellaneous Income
MiscellaneousIncome
9000 usd
ofg Miscellaneous Income
MiscellaneousIncome
4000 usd
CY2024Q2 ofg Total Banking Service Revenues
TotalBankingServiceRevenues
18781000 usd
CY2023Q2 ofg Total Banking Service Revenues
TotalBankingServiceRevenues
17440000 usd
ofg Total Banking Service Revenues
TotalBankingServiceRevenues
36040000 usd
ofg Total Banking Service Revenues
TotalBankingServiceRevenues
34953000 usd
CY2024Q2 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
4214000 usd
CY2023Q2 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
4169000 usd
us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
7988000 usd
us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
7539000 usd
CY2024Q2 ofg Broker Fees
BrokerFees
2009000 usd
CY2023Q2 ofg Broker Fees
BrokerFees
1797000 usd
ofg Broker Fees
BrokerFees
4100000 usd
ofg Broker Fees
BrokerFees
3580000 usd
CY2024Q2 ofg Trust Fees
TrustFees
2217000 usd
CY2023Q2 ofg Trust Fees
TrustFees
2228000 usd
ofg Trust Fees
TrustFees
4459000 usd
ofg Trust Fees
TrustFees
4152000 usd
CY2024Q2 ofg Retirement Plan And Administration Fees
RetirementPlanAndAdministrationFees
0 usd
CY2023Q2 ofg Retirement Plan And Administration Fees
RetirementPlanAndAdministrationFees
0 usd
ofg Retirement Plan And Administration Fees
RetirementPlanAndAdministrationFees
0 usd
ofg Retirement Plan And Administration Fees
RetirementPlanAndAdministrationFees
43000 usd
CY2024Q2 ofg Wealth Management Revenue
WealthManagementRevenue
8440000 usd
CY2023Q2 ofg Wealth Management Revenue
WealthManagementRevenue
8194000 usd
ofg Wealth Management Revenue
WealthManagementRevenue
16547000 usd
ofg Wealth Management Revenue
WealthManagementRevenue
15314000 usd
CY2024Q2 ofg Servicingfeesamount
Servicingfeesamount
4101000 usd
CY2023Q2 ofg Servicingfeesamount
Servicingfeesamount
4650000 usd
ofg Servicingfeesamount
Servicingfeesamount
8052000 usd
ofg Servicingfeesamount
Servicingfeesamount
7493000 usd
CY2024Q2 ofg Gain Loss On Sale Of Mortgage Loans And Valuation
GainLossOnSaleOfMortgageLoansAndValuation
719000 usd
CY2023Q2 ofg Gain Loss On Sale Of Mortgage Loans And Valuation
GainLossOnSaleOfMortgageLoansAndValuation
790000 usd
ofg Gain Loss On Sale Of Mortgage Loans And Valuation
GainLossOnSaleOfMortgageLoansAndValuation
1372000 usd
ofg Gain Loss On Sale Of Mortgage Loans And Valuation
GainLossOnSaleOfMortgageLoansAndValuation
1559000 usd
CY2024Q2 ofg Other Fees
OtherFees
44000 usd
CY2023Q2 ofg Other Fees
OtherFees
-215000 usd
ofg Other Fees
OtherFees
133000 usd
ofg Other Fees
OtherFees
71000 usd
CY2024Q2 ofg Total Mortgage Banking Activities
TotalMortgageBankingActivities
4864000 usd
CY2023Q2 ofg Total Mortgage Banking Activities
TotalMortgageBankingActivities
5225000 usd
ofg Total Mortgage Banking Activities
TotalMortgageBankingActivities
9557000 usd
ofg Total Mortgage Banking Activities
TotalMortgageBankingActivities
9123000 usd
CY2024Q2 ofg Total Banking And Financial Service Revenues
TotalBankingAndFinancialServiceRevenues
32085000 usd
CY2023Q2 ofg Total Banking And Financial Service Revenues
TotalBankingAndFinancialServiceRevenues
30859000 usd
ofg Total Banking And Financial Service Revenues
TotalBankingAndFinancialServiceRevenues
62144000 usd
ofg Total Banking And Financial Service Revenues
TotalBankingAndFinancialServiceRevenues
59390000 usd
CY2024Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
187658000 usd
CY2024Q2 us-gaap Interest Expense Operating
InterestExpenseOperating
40333000 usd
CY2024Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
147325000 usd
CY2024Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
15581000 usd
CY2024Q2 us-gaap Noninterest Income
NoninterestIncome
32476000 usd
CY2024Q2 us-gaap Noninterest Expense
NoninterestExpense
92960000 usd
CY2024Q2 us-gaap Revenues
Revenues
0 usd
CY2024Q2 us-gaap Costs And Expenses
CostsAndExpenses
0 usd
CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
71260000 usd
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20129000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
51131000 usd
CY2024Q2 us-gaap Assets
Assets
11259085000 usd
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
371084000 usd
us-gaap Interest Expense Operating
InterestExpenseOperating
79657000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
291427000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
30702000 usd
us-gaap Noninterest Income
NoninterestIncome
62824000 usd
us-gaap Noninterest Expense
NoninterestExpense
184372000 usd
us-gaap Revenues
Revenues
0 usd
us-gaap Costs And Expenses
CostsAndExpenses
0 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
139177000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38354000 usd
us-gaap Net Income Loss
NetIncomeLoss
100823000 usd
CY2024Q2 us-gaap Assets
Assets
11259085000 usd
CY2023Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
157988000 usd
CY2023Q2 us-gaap Interest Expense Operating
InterestExpenseOperating
18344000 usd
CY2023Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
139644000 usd
CY2023Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
15044000 usd
CY2023Q2 us-gaap Noninterest Income
NoninterestIncome
30073000 usd
CY2023Q2 us-gaap Noninterest Expense
NoninterestExpense
88888000 usd
CY2023Q2 us-gaap Revenues
Revenues
0 usd
CY2023Q2 us-gaap Costs And Expenses
CostsAndExpenses
0 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
65785000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
21612000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
44173000 usd
CY2023Q2 us-gaap Assets
Assets
10031547000 usd
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
306973000 usd
us-gaap Interest Expense Operating
InterestExpenseOperating
31432000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
275541000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
24489000 usd
us-gaap Noninterest Income
NoninterestIncome
58974000 usd
us-gaap Noninterest Expense
NoninterestExpense
179108000 usd
us-gaap Revenues
Revenues
0 usd
us-gaap Costs And Expenses
CostsAndExpenses
0 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
130918000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
40516000 usd
us-gaap Net Income Loss
NetIncomeLoss
90402000 usd
CY2023Q2 us-gaap Assets
Assets
10031547000 usd

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