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INTEREST AND DIVIDEND ON INVESTMENTS (Tables)
12 Months Ended
Dec. 31, 2017
Interest and Dividend on Investments [Abstract]  
Schedule of of interest on investments and FHLB dividend income [Table Text Block]
Year Ended December 31,
201720162015
(In thousands)
Mortgage-backed securities:
Taxable$9,656$11,246$13,520
Exempt 24,57520,92123,779
34,23132,16737,299
PR government obligations, U.S. Treasury securities, and U.S.
government agencies:
Taxable2,0914,1312,628
Exempt 12,69013,14513,848
14,78117,27616,476
Other investment securities (including FHLB dividends)
Taxable2,1131,4621,075
Total interest income on investment securities51,12550,90554,850
Interest on money market instruments:
Taxable4,6092,6691,490
Exempt 5696658
Total interest income on money market instruments4,6143,3652,148
Total interest and dividend income on investments and money
market instruments $55,739$54,270$56,998
Schedule of components of interest and dividend income on investments [Table Text Block]
The following table summarizes the components of interest and dividend income on investments:
Year Ended December 31,
201720162015
(In thousands)
Interest income on investment securities and money
market investments$53,634$52,816$55,923
Dividends on FHLB stock 2,1051,4541,075
Total interest income and dividends on investments$55,739$54,270$56,998