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REGULATORY MATTERS, COMMITMENTS AND CONTINGENCIES (Tables) | 12 Months Ended
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Dec. 31, 2017
Regulatory Matters, Commitments and Contingencies [Abstract] |
Corporations and its banking subsidiarys regulatory capital positions [Table Text Block] |
The Corporation's and its banking subsidiary's regulatory capital positions as of December 31, 2017 and 2016 were as follows:
|  | Regulatory Requirements
|  | Actual |  | For Capital Adequacy Purposes |  | To be Well-Capitalized-General Thresholds
|  | Amount |  | Ratio |  | Amount |  | Ratio |  | Amount |  | Ratio
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |
As of December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Capital (to |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk-Weighted Assets) |  |  |  |  |  |  |  |  |  |  |  |  |  |
First BanCorp. | $ | 1,989,873 |  | 22.53% |  | $ | 706,432 |  | 8.0% |  |  | N/A |  | N/A
FirstBank | $ | 1,947,627 |  | 22.06% |  | $ | 706,218 |  | 8.0% |  | $ | 882,772 |  | 10.0%
Common Equity Tier 1 Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to Risk-Weighted Assets) |  |  |  |  |  |  |  |  |  |  |  |  |  |
First BanCorp. | $ | 1,674,164 |  | 18.96% |  |  | 397,368 |  | 4.5% |  |  | N/A |  | N/A
FirstBank | $ | 1,562,431 |  | 17.70% |  |  | 397,248 |  | 4.5% |  |  | 573,802 |  | 6.5%
Tier I Capital (to |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk-Weighted Assets) |  |  |  |  |  |  |  |  |  |  |  |  |  |
First BanCorp. | $ | 1,675,282 |  | 18.97% |  | $ | 529,824 |  | 6.0% |  |  | N/A |  | N/A
FirstBank | $ | 1,835,445 |  | 20.79% |  | $ | 529,663 |  | 6.0% |  | $ | 706,218 |  | 8.0%
Leverage ratio |  |  |  |  |  |  |  |  |  |  |  |  |  |
First BanCorp. | $ | 1,675,282 |  | 14.03% |  | $ | 477,643 |  | 4.0% |  |  | N/A |  | N/A
FirstBank | $ | 1,835,445 |  | 15.39% |  | $ | 477,056 |  | 4.0% |  | $ | 596,320 |  | 5.0%
At December 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Capital (to |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk-Weighted Assets) |  |  |  |  |  |  |  |  |  |  |  |  |  |
First BanCorp. | $ | 1,921,329 |  | 21.34% |  | $ | 720,329 |  | 8.0% |  |  | N/A |  | N/A
FirstBank | $ | 1,872,120 |  | 20.80% |  | $ | 720,091 |  | 8.0% |  | $ | 900,114 |  | 10.0%
Common Equity Tier 1 Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to Risk-Weighted Assets) |  |  |  |  |  |  |  |  |  |  |  |  |  |
First BanCorp. | $ | 1,597,117 |  | 17.74% |  | $ | 405,185 |  | 4.5% |  |  | N/A |  | N/A
FirstBank | $ | 1,523,332 |  | 16.92% |  | $ | 405,051 |  | 4.5% |  | $ | 585,074 |  | 6.5%
Tier I Capital (to |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk-Weighted Assets) |  |  |  |  |  |  |  |  |  |  |  |  |  |
First BanCorp. | $ | 1,597,117 |  | 17.74% |  | $ | 540,247 |  | 6.0% |  |  | N/A |  | N/A
FirstBank | $ | 1,757,642 |  | 19.53% |  | $ | 540,068 |  | 6.0% |  | $ | 720,091 |  | 8.0%
Leverage ratio |  |  |  |  |  |  |  |  |  |  |  |  |  |
First BanCorp. | $ | 1,597,117 |  | 13.70% |  | $ | 466,376 |  | 4.0% |  |  | N/A |  | N/A
FirstBank | $ | 1,757,642 |  | 15.10% |  | $ | 465,740 |  | 4.0% |  | $ | 582,174 |  | 5.0%
Schedule of detail of commitments to extend credit, standby letters of credit and commitments to sell loans [Table Text Block] |
The following table summarizes commitments to extend credit and standby letters of credit, and commitments to sell loans
as of the indicated dates: |  |  |  |  |  |
|  | December 31,
|  | 2017 |  | 2016
(In thousands) |  |  |  |  |  |
Financial instruments whose contract amounts represent credit risk: |  |  |  |  |  |
Commitments to extend credit: |  |  |  |  |  |
Construction undisbursed funds |  | $ | 77,649 |  | $ | 41,271
Unused personal lines of credit |  |  | 710,607 |  |  | 667,552
Commercial lines of credit |  |  | 471,732 |  |  | 421,437
Commercial letters of credit |  |  | 46,728 |  |  | 47,515
Standby letters of credit |  |  | 2,691 |  |  | 2,556
Commitments to sell loans |  |  | 37,909 |  |  | 119,679

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