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SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2017

Schedule Of Segment Reporting Information By Segment [Text Block]

The following table presents information about the reportable segments for the years ended December 31, 2017, 2016, and 2015:
	Mortgage Banking			Consumer (Retail) Banking			Commercial and Corporate Banking			Treasury and Investments			United States Operations			Virgin Islands Operations			Total
(In thousands)
For the year ended December 31, 2017:
Interest income	$	131,718		$	173,690		$	128,871		$	48,071		$	69,760		$	36,313		$	588,423
Net (charge) credit for transfer of funds		(45,759)			27,475			(36,904)			56,865			(1,677)			-			-
Interest expense		-			(25,240)			-			(49,577)			(18,902)			(3,153)			(96,872)
Net interest income		85,959			175,925			91,967			55,359			49,181			33,160			491,551
Provision for loan and lease losses		(47,713)			(53,778)			(33,296)			-			(3,644)			(5,823)			(144,254)
Non-interest income (loss)		12,825			43,924			7,176			(10,206)			2,664			6,004			62,387
Direct non-interest expenses		(36,403)			(108,165)			(35,142)			(3,376)			(32,197)			(26,994)			(242,277)
Segment income	$	14,668		$	57,906		$	30,705		$	41,777		$	16,004		$	6,347		$	167,407
Average earnings assets	$	2,451,655		$	1,749,148		$	2,489,948		$	2,215,551		$	1,525,191		$	603,835		$	11,035,328

	Mortgage Banking			Consumer (Retail) Banking			Commercial and Corporate Banking			Treasury and Investments			United States Operations			Virgin Islands Operations			Total
(In thousands)
For the year ended December 31, 2016:
Interest income	$	138,955		$	179,485		$	123,084		$	50,372		$	56,037		$	37,359		$	585,292
Net (charge) credit for transfer of funds		(49,435)			13,996			(26,364)			60,787			1,016			-			-
Interest expense		-			(24,787)			-			(57,924)			(15,240)			(3,223)			(101,174)
Net interest income		89,520			168,694			96,720			53,235			41,813			34,136			484,118
(Provision) release for loan and lease losses		(24,873)			(34,246)			(28,578)			-			1,369			(405)			(86,733)
Non-interest income		19,531			44,535			7,811			5,423			3,554			7,100			87,954
Direct non-interest expenses		(38,170)			(112,787)			(40,676)			(4,047)			(30,678)			(27,596)			(253,954)
Segment income	$	46,008		$	66,196		$	35,277		$	54,611		$	16,058		$	13,235		$	231,385
Average earnings assets	$	2,562,245		$	1,951,214		$	2,497,037		$	2,616,877		$	1,226,633		$	612,570		$	11,466,576

	Mortgage Banking			Consumer (Retail) Banking			Commercial and Corporate Banking			Treasury and Investments			United States Operations			Virgin Islands Operations			Total
(In thousands)
For the year ended December 31, 2015:
Interest income	$	141,820		$	194,961		$	133,067		$	49,534		$	46,804		$	39,383		$	605,569
Net (charge) credit for transfer of funds		(49,149)			17,260			(17,299)			36,908			12,280			-			-
Interest expense		-			(23,774)			-			(60,221)			(16,192)			(3,116)			(103,303)
Net interest income		92,671			188,447			115,768			26,221			42,892			36,267			502,266
(Provision) release for loan and lease losses		(30,017)			(46,657)			(101,604)			-			7,955			(1,722)			(172,045)
Non-interest income (loss)		16,027			41,854			12,487			(15,897)			2,795			10,616			67,882
Direct non-interest expenses		(37,345)			(133,397)			(42,470)			(3,840)			(28,674)			(34,231)			(279,957)
Segment income (loss)	$	41,336		$	50,247		$	(15,819)		$	6,484		$	24,968		$	10,930		$	118,146
Average earnings assets	$	2,607,230		$	1,951,047		$	2,891,988		$	2,740,120		$	1,024,939		$	646,966		$	11,862,290

Reconciliation of the Reportable Segment Financial Information [Table Text Block]

	The following table presents a reconciliation of the reportable segment financial information to the consolidated totals:
		Year Ended December 31,
		2017			2016			2015
	(In thousands)
	Net income:
	Total income for segments and other	$	167,407		$	231,385		$	118,146
	Other non-interest income (1)		-			-			13,443
	Other operating expenses (2)		(105,424)			(101,126)			(103,873)
	Income before income taxes		61,983			130,259			27,716
	Income tax benefit (expense)		4,973			(37,030)			(6,419)
	Total consolidated net income	$	66,956		$	93,229		$	21,297
	Average assets:
	Total average earning assets for segments	$	11,035,328		$	11,466,576		$	11,862,290
	Average non-earning assets		937,950			923,566			919,263
	Total consolidated average assets	$	11,973,278		$	12,390,142		$	12,781,553
(1)	The bargain purchase gain on the acquisition of assets and assumption of deposits from Doral Bank in 2015 is presented as Other non-interest income in the table above.
(2)	Expenses pertaining to corporate administrative functions that support the operating segments but are not specifically attributable to or managed by any segment are not included in the reported financial results of the operating segments. The unallocated corporate expenses include certain general and administrative expenses and related depreciation and amortization expenses.

Schedule of revenues and selected balance sheet data by geography [Table Text Block]

	The following table presents revenues (interest income plus non-interest income) and selected balance sheet data by geography based on the location in which the transaction is originated:
		2017			2016			2015
	(In thousands)
	Revenues:
	Puerto Rico	$	536,069		$	568,180		$	575,016
	United States		72,424			60,607			61,879
	Virgin Islands		42,317			44,459			49,999
	Total consolidated revenues	$	650,810		$	673,246		$	686,894
	Selected Balance Sheet Information:
	Total assets:
	Puerto Rico	$	9,871,272		$	9,765,530		$	10,648,179
	United States		1,780,654			1,499,548			1,202,318
	Virgin Islands		609,342			657,377			722,522
	Loans:
	Puerto Rico	$	6,633,432		$	6,926,719		$	7,332,274
	United States		1,665,448			1,382,440			1,125,501
	Virgin Islands		584,576			627,720			690,476
	Deposits:
	Puerto Rico (1)	$	6,268,056		$	6,291,353		$	6,747,638
	United States (2)		1,637,941			1,564,839			1,606,723
	Virgin Islands		1,116,634			975,013			983,763
(1)	For 2017, 2016, and 2015, includes $1.0 billion, $1.4 billion, and $2.1 billion, respectively, of brokered CDs allocated to Puerto Rico operations.
(2)	For 2017 and 2016 includes $158.0 million and $60.1 million, respectively, of brokered CDs allocated to the United States operations.

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Schedule of Revenues, Deposits, Loans and Assets by geographic area

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Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef
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