XML 85 R69.htm IDEA: XBRL DOCUMENT v3.8.0.1

REGULATORY MATTERS, COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

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-GeneralThresholds
						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

X

- Definition

Tabular disclosure of commitments and contingencies at the end of period

+ References

No definition available.

+ Details

Name:	fbp_CommitmentsAndContingenciesTableTextBlock
Namespace Prefix:	fbp_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_CommitmentsAndContingenciesDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958570-112826

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958568-112826

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1H
-Subparagraph (c)(2)
-URI http://asc.fasb.org/extlink&oid=84167132&loc=d3e65071-112826

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1G
-URI http://asc.fasb.org/extlink&oid=84167132&loc=SL5958577-112826

+ Details

Name:	us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration