v3.25.2
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Goodwill by reportable business segment is included in the table below. Refer to Note 23 – Business Segments for additional information on OFG’s reportable business segments.
BankingWealth ManagementTreasuryTotal
(In thousands)
December 31, 2024$84,063 $178 $ $84,241 
June 30, 2025$84,063 $178 $ $84,241 
Schedule of Core Deposit, Customer Relationship and Other Intangibles
The following table reflects the components of other intangible assets subject to amortization at June 30, 2025 and December 31, 2024:
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Value
(In thousands)
June 30, 2025
Core deposit intangibles$41,507 $32,073 $9,434 
Customer relationship intangibles12,693 9,808 2,884 
Total other intangible assets$54,200 $41,881 $12,318 
December 31, 2024
Core deposit intangibles$41,507 $30,187 $11,320 
Customer relationship intangibles12,693 9,231 3,462 
Total other intangible assets$54,200 $39,418 $14,782 
Schedule of Estimated Amortization of Other Intangible Assets
The following table presents the estimated remaining amortization of other intangible assets as of June 30, 2025:
As of June 30, 2025(In thousands)
2025$2,464 
20263,942 
20272,956 
20281,971 
2029985 
$12,318