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Debt securities held-to-maturity (Tables)

12 Months Ended

Dec. 31, 2018

Investments Abstract

Debt Securities, Held-to-maturity

		At December 31, 2018
				Gross		Gross				Weighted
		Amortized		unrealized		unrealized		Fair		average
(In thousands)		cost		gains		losses		value		yield
Obligations of Puerto Rico, States and political subdivisions
	Within 1 year	$	3,510	$	-	$	36	$	3,474	5.99	%
	After 1 to 5 years		16,505		-		1,081		15,424	6.07
	After 5 to 10 years		23,885		-		1,704		22,181	3.61
	After 10 years		45,559		3,943		47		49,455	1.79
Total obligations of Puerto Rico, States and political subdivisions			89,459		3,943		2,868		90,534	3.23
Collateralized mortgage obligations - federal agencies
	After 5 to 10 years		55		3		-		58	5.45
Total collateralized mortgage obligations - federal agencies			55		3		-		58	5.45
Securities in wholly owned statutory business trusts
	After 10 years		11,561		-		-		11,561	6.51
Total securities in wholly owned statutory business trusts			11,561		-		-		11,561	6.51
Other
	After 1 to 5 years		500		-		-		500	2.97
Total other			500		-		-		500	2.97
Total debt securities held-to-maturity		$	101,575	$	3,946	$	2,868	$	102,653	3.60	%

		At December 31, 2017
				Gross		Gross				Weighted
		Amortized		unrealized		unrealized		Fair		average
(In thousands)		cost		gains		losses		value		yield
Obligations of Puerto Rico, States and political subdivisions
	Within 1 year	$	3,295	$	-	$	79	$	3,216	5.96	%
	After 1 to 5 years		15,485		-		4,143		11,342	6.05
	After 5 to 10 years		29,240		-		8,905		20,335	3.89
	After 10 years		44,734		3,834		222		48,346	1.93
Total obligations of Puerto Rico, States and political subdivisions			92,754		3,834		13,349		83,239	3.38
Collateralized mortgage obligations - federal agencies
	After 5 to 10 years		67		4		-		71	5.45
Total collateralized mortgage obligations - federal agencies			67		4		-		71	5.45
Securities in wholly owned statutory business trusts
	After 5 to 10 years		1,637		-		-		1,637	8.33
	After 10 years		11,561		-		-		11,561	6.51
Total securities in wholly owned statutory business trusts			13,198		-		-		13,198	6.73
Other
	Within 1 year		500		-		7		493	1.96
	After 1 to 5 years		500		-		-		500	2.97
Total other			1,000		-		7		993	2.47
Total debt securities held-to-maturity^[1]		$	107,019	$	3,838	$	13,356	$	97,501	3.79	%
[1]Includes $92.8 million pledged to secure public and trust deposits that the secured parties are not permitted to sell or repledge the collateral.

Schedule Of Aggregate Amortized Cost And Fair Value Of HTMs By Contractual Maturity

(In thousands)		Amortized cost		Fair value
Within 1 year	$	3,510	$	3,474
After 1 to 5 years		17,005		15,924
After 5 to 10 years		23,940		22,239
After 10 years		57,120		61,016
Total debt securities held-to-maturity	$	101,575	$	102,653

Debt Securities Held To Maturity Unrealized Loss Position Fair Value

		At December 31, 2018
		Less than 12 months				12 months or more				Total
				Gross				Gross				Gross
		Fair		unrealized		Fair		unrealized		Fair		unrealized
(In thousands)		value		losses		value		losses		value		losses
Obligations of Puerto Rico, States and political subdivisions		$	27,471	$	1,165	$	13,307	$	1,703	$	40,778	$	2,868
Total debt securities held-to-maturity in an unrealized
	loss position	$	27,471	$	1,165	$	13,307	$	1,703	$	40,778	$	2,868

		At December 31, 2017
		Less than 12 months				12 months or more				Total
				Gross				Gross				Gross
		Fair		unrealized		Fair		unrealized		Fair		unrealized
(In thousands)		value		losses		value		losses		value		losses

Obligations of Puerto Rico, States and political subdivisions		$	-	$	-	$	35,696	$	13,349	$	35,696	$	13,349
Other			-		-		743		7		743		7
Total debt securities held-to-maturity in an unrealized
	loss position	$	-	$	-	$	36,439	$	13,356	$	36,439	$	13,356