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EMPLOYEES' BENEFIT PLAN | 12 Months Ended
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Dec. 31, 2017
Employees' Benefit Plan [Abstract] |
Employees' Benefit Plan [Text Block] | NOTE 24 – EMPLOYEES’ BENEFIT PLAN FirstBank provides contributory retirement plans pursuant to Section 1081.01 of the Puerto Rico Internal Revenue Code of 2011 for Puerto Rico employees and Section 401(k) of the U.S. Internal Revenue Code for USVI and U.S. employees (the “Plans”). All employees are eligible to participate in the Plans after three months of service for purposes of making elective deferral contributions and one year of service for purposes of sharing in the Bank’s matching, qualifie d matching, and qualified nonelective contributions. Under the provisions of the Plans, the Bank contributes 25% of the first 4% of the participant’s compensation contributed to the Plans on a pretax basis. Participants were permitted to contribute up to $15,000 for each of 201 5, 201 6 and 201 7 ($18,000 for each of 2015, 2016 and 2017 for USVI and U.S. employees). Additional contributions to the Plans are voluntarily made by the Bank as determined by its Board of Directors. No additional discretionary contr ibutions were made for the years ended December 31, 201 7, 201 6 and 201 5. The Bank had a total plan expense of $0.9 million for the year ended December 31, 201 7, $1.1 million for 201 6, and $1.4 million for 201 5.

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- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
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