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PROPERTY PLANT AND EQUIPMENT | 12 Months Ended
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Dec. 31, 2017
Property Plant And Equipment [Abstract] |
Property Plant And Equipment Disclosure [Text Block] | NOTE 14 – PREMISES AND EQUIPMENT Premises and equipment comprise:
| Useful Life In Years |  | As of December 31,
|  | 2017 |  | 2016
(Dollars in thousands) |  |  |  |  |  |  |  |
Buildings and improvements |  | 10-35 |  | $ | 132,008 |  | $ | 139,533
Leasehold improvements |  | 1-10 |  |  | 53,866 |  |  | 60,605
Furniture and equipment |  | 2-10 |  |  | 166,853 |  |  | 165,386
|  |  |  |  | 352,727 |  |  | 365,524
Accumulated depreciation and amortization |  |  |  |  | (245,777) |  |  | (248,335)
|  |  |  |  | 106,950 |  |  | 117,189
Land |  |  |  |  | 24,640 |  |  | 25,279
Projects in progress |  |  |  |  | 10,305 |  |  | 8,360
Total premises and equipment, net |  |  |  | $ | 141,895 |  | $ | 150,828
Depreciation and amortization expense amounted to $16.4 m illion, $17.6 million, and $21.1 million for the years ended December 31, 201 7, 201 6, and 201 5, respectively. The Corporation identified impairment to several of its facilities and equipment in the areas affected by Hurricanes Irma and Maria. Losses related to the damaged facilities and equipment were charged against earnings in 2017, and included as a component of “Other non-interest income” in the consolidated statement of income. The losses were determined with information currently available as to carrying amounts of impaired assets and the extent of the damage sustained. Management has currently identified asset impairments of approximately $0.6 million as of December 31, 2017. If the sust ained damage differs from the initial assessments, the result could cause additional charges for estimated losses in 2018. The Corporation maintains insurance policies for casualty losses that provide for replacement value coverage. Management believes th at recovery of asset impairments identified as of December 31, 2017 is probable. As such, insurance recoveries of $0.6 million were recorded in 2017, also as a component of “Other non-interest income” in the consolidated statement of income, and the corre sponding receivable was included as part of “Other assets” in the consolidated statement of financial condition as of December 31, 2017.

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- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
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