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Transfers of financial assets and mortgage servicing assets (Tables) | 6 Months Ended
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Jun. 30, 2021
Transfers and Servicing of Financial Assets |
Schedule Of Securitizations Of Financial Assets Accounted For As Sale [Text Block] |
|  | Proceeds Obtained During the Quarter Ended June 30, 2021
(In thousands) | Level 1 | Level 2 | Level 3 | Initial Fair Value
Assets |  |  |  |  |  |  |  |
Trading account debt securities: |  |  |  |  |  |  |  |
Mortgage-backed securities - GNMA | $ | - | $ | 106,729 | $ | - | $ | 106,729
Mortgage-backed securities - FNMA |  | - |  | 72,555 |  | - |  | 72,555
Mortgage-backed securities - FHLMC |  | - |  | 13,501 |  | - |  | 13,501
Total trading account debt securities | $ | - | $ | 192,785 | $ | - | $ | 192,785
Mortgage servicing rights | $ | - | $ | - | $ | 2,880 | $ | 2,880
Total | $ | - | $ | 192,785 | $ | 2,880 | $ | 195,665
|  | Proceeds Obtained During the Six Months Ended June 30, 2021
(In thousands) | Level 1 | Level 2 | Level 3 | Initial Fair Value
Assets |  |  |  |  |  |  |  |
Trading account debt securities: |  |  |  |  |  |  |  |
Mortgage-backed securities - GNMA | $ | - | $ | 208,717 | $ | - | $ | 208,717
Mortgage-backed securities - FNMA |  | - |  | 158,835 |  | - |  | 158,835
Mortgage-backed securities - FHLMC |  | - |  | 13,501 |  | - |  | 13,501
Total trading account debt securities | $ | - | $ | 381,053 | $ | - | $ | 381,053
Mortgage servicing rights | $ | - | $ | - | $ | 5,689 | $ | 5,689
Total | $ | - | $ | 381,053 | $ | 5,689 | $ | 386,742
|  | Proceeds Obtained During the Quarter Ended June 30, 2020
(In thousands) | Level 1 | Level 2 | Level 3 | Initial Fair Value
Assets |  |  |  |  |  |  |  |
Trading account debt securities: |  |  |  |  |  |  |  |
Mortgage-backed securities - GNMA | $ | - | $ | 63,384 | $ | - | $ | 63,384
Mortgage-backed securities - FNMA |  | - |  | 5,941 |  | - |  | 5,941
Total trading account debt securities | $ | - | $ | 69,325 | $ | - | $ | 69,325
Mortgage servicing rights | $ | - | $ | - | $ | 1,100 | $ | 1,100
Total | $ | - | $ | 69,325 | $ | 1,100 | $ | 70,425
|  | Proceeds Obtained During the Six Months Ended June 30, 2020
(In thousands) | Level 1 | Level 2 | Level 3 | Initial Fair Value
Assets |  |  |  |  |  |  |  |
Trading account debt securities: |  |  |  |  |  |  |  |
Mortgage-backed securities - GNMA | $ | - | $ | 114,032 | $ | - | $ | 114,032
Mortgage-backed securities - FNMA |  | - |  | 39,514 |  | - |  | 39,514
Total trading account debt securities | $ | - | $ | 153,546 | $ | - | $ | 153,546
Mortgage servicing rights | $ | - | $ | - | $ | 2,587 | $ | 2,587
Total | $ | - | $ | 153,546 | $ | 2,587 | $ | 156,133
Schedule Of Servicing Assets At Fair Value Text Block |
Residential MSRs
(In thousands) | June 30, 2021 | June 30, 2020
Fair value at beginning of period | $ | 118,395 | $ | 150,906
Additions |  | 6,809 |  | 3,107
Changes due to payments on loans [1] |  | (8,012) |  | (4,989)
Reduction due to loan repurchases |  | (851) |  | (518)
Changes in fair value due to changes in valuation model inputs or assumptions |  | 3,126 |  | (7,386)
Other |  | - |  | 24
Fair value at end of period [2] | $ | 119,467 | $ | 141,144
[1] Represents changes due to collection / realization of expected cash flows over time.
[2] At June 30, 2021, PB had MSRs amounting to $1.3 million (June 30, 2020 - $0.2 million).
Schedule Of Assumptions For Fair Value On Securitization Date Of Interests Continued To Be Held By Transferor Servicing Assets Or Servicing Liabilities Text Block |
| Quarters ended |  |  | Six months ended
| June 30, 2021 |  |  | June 30, 2020 |  |  | June 30, 2021 |  | June 30, 2020
| BPPR |  | PB |  |  | BPPR |  | PB |  |  | BPPR |  | PB |  |  | BPPR |  | PB |
Prepayment speed | 5.9 | % | 12.5 | % |  | 7.2 | % | 22.7 | % |  | 7.4 | % | 21.2 | % |  | 6.5 | % | 22.7 | %
Weighted average life (in years) | 8.9 |  | 6.0 |  |  | 8.8 |  | 3.5 |  |  | 8.0 |  | 9.5 |  |  | 9.3 |  | 3.5 |
Discount rate (annual rate) | 10.4 | % | 11.0 | % |  | 10.8 | % | 9.5 | % |  | 10.5 | % | 11.0 | % |  | 10.8 | % | 9.5 | %
Schedule of Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets |
|  | Originated MSRs | Purchased MSRs
|  | June 30, | December 31, | June 30, | December 31,
(In thousands) | 2021 | 2020 | 2021 | 2020
Fair value of servicing rights | $ | 41,310 |  | $ | 44,129 |  | $ | 78,157 |  | $ | 74,266 |
Weighted average life (in years) |  | 6.2 |  |  | 6.2 |  |  | 6.2 |  |  | 5.9 |
Weighted average prepayment speed (annual rate) |  | 6.0 | % |  | 6.6 | % |  | 6.1 | % |  | 7.1 | %
| Impact on fair value of 10% adverse change | $ | (926) |  | $ | (1,115) |  | $ | (1,964) |  | $ | (2,206) |
| Impact on fair value of 20% adverse change | $ | (1,826) |  | $ | (2,194) |  | $ | (3,856) |  | $ | (4,312) |
Weighted average discount rate (annual rate) |  | 11.3 | % |  | 11.3 | % |  | 11.0 | % |  | 11.1 | %
| Impact on fair value of 10% adverse change | $ | (1,499) |  | $ | (1,640) |  | $ | (3,011) |  | $ | (2,740) |
| Impact on fair value of 20% adverse change | $ | (2,904) |  | $ | (3,175) |  | $ | (5,816) |  | $ | (5,301) |

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- Definition Tabular disclosure of all information related to the key inputs and assumptions used in measuring the fair value of assets obtained or liabilities incurred, as the result of a sale of financial assets, relating to the transferor's continuing involvement, if any, at the time of securitization, asset-backed financing arrangement, or similar transfer (including at a minimum, but not limited to, and if applicable, quantitative information about discount rates, expected prepayments including the expected weighted-average life of prepayable financial assets, and anticipated credit losses, including expected static pool losses). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121570589&loc=d3e107207-111719 + Details
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- Definition Tabular disclosure of a sensitivity analysis or stress test showing the hypothetical effect on the fair value of the transferor's interests in transferred financial assets (including any servicing assets or servicing liabilities) of two or more unfavorable variations from the expected levels for each key assumption that is reported, independently determined from any change in another key assumption, and a description of the objectives, methodology, and limitations of the sensitivity analysis or stress test. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121570589&loc=d3e107314-111719 + Details
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- Definition Tabular disclosure of the activity in the balance of servicing assets (including a description of where changes in fair value are reported in the statement of income for each period for which results of operations are presented), including but not limited to, the following: beginning and ending balances, additions (for instance, through purchases of servicing assets), disposals, changes in fair value during the period resulting from changes in inputs or assumptions used in the valuation model, other changes in fair value along with a description of those changes, and other changes that affect the balance along with a description of those changes. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=116651436&loc=d3e122625-111746 + Details
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