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SEGMENT INFORMATION (Tables) | 9 Months Ended
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Sep. 30, 2022
Segment Reporting [Abstract] |
Schedule Of Segment Reporting Information By Segment [Text Block] | (In thousands) Mortgage Banking Consumer (Retail) Banking Commercial and Corporate Banking Treasury and Investments United States Operations Virgin Islands Operations Total For the Quarter Ended September 30, 2022: Interest income $ 32,349 $ 77,576 $ 53,506 $ 28,203 $ 24,804 $ 6,245 $ 222,683 Net (charge) credit for transfer of funds (8,011) 47,577 (30,645) (8,447) (474) - - Interest expense - (6,745) - (4,929) (2,836) (263) (14,773) Net interest income 24,338 118,408 22,861 14,827 21,494 5,982 207,910 Provision for credit losses - expense (benefit) 2,092 16,705 (3,519) (12) (624) 1,141 15,783 Non-interest income (loss) 3,733 19,121 4,276 33 773 1,757 29,693 Direct non-interest expenses 6,489 42,080 9,295 942 8,479 7,097 74,382 Segment income (loss) $ 19,490 $ 78,744 $ 21,361 $ 13,930 $ 14,412 $ (499) $ 147,438 Average earnings assets $ 2,211,675 $ 2,974,894 $ 3,622,907 $ 7,095,503 $ 2,040,656 $ 365,743 $ 18,311,378 (In thousands) Mortgage Banking Consumer (Retail) Banking Commercial and Corporate Banking Treasury and Investments United States Operations Virgin Islands Operations Total For the Quarter Ended September 30, 2021: Interest income $ 35,722 $ 68,883 $ 48,558 $ 19,342 $ 20,847 $ 6,820 $ 200,172 Net (charge) credit for transfer of funds (9,187) 13,094 (2,200) (909) (798) - - Interest expense - (6,634) - (5,677) (2,794) (324) (15,429) Net interest income 26,535 75,343 46,358 12,756 17,255 6,496 184,743 Provision for credit losses expense - (benefit) expense (10,210) 6,532 (8,332) (9) (1,158) 1,095 (12,082) Non-interest income 5,921 17,544 3,894 61 965 1,561 29,946 Direct non-interest expenses 6,792 40,130 7,916 803 8,343 7,120 71,104 Segment income (loss) $ 35,874 $ 46,225 $ 50,668 $ 12,023 $ 11,035 $ (158) $ 155,667 Average earnings assets $ 2,446,111 $ 2,590,938 $ 3,655,172 $ 8,751,623 $ 2,177,681 $ 425,872 $ 20,047,397 (In thousands) Mortgage Banking Consumer (Retail) Banking Commercial and Corporate Banking Treasury and Investments United States Operations Virgin Islands Operations Total Nine-Month Period Ended September 30, 2022 Interest income $ 98,625 $ 221,500 $ 148,046 $ 77,530 $ 64,742 $ 18,719 $ 629,162 Net (charge) credit for transfer of funds (22,173) 105,898 (53,391) (29,101) (1,233) - - Interest expense - (17,047) - (14,727) (6,845) (823) (39,442) Net interest income 76,452 310,351 94,655 33,702 56,664 17,896 589,720 Provision for credit losses - (benefit) expense (5,216) 42,904 (20,611) (435) (5,849) 1,191 11,984 Non-interest income (loss) 13,152 59,367 13,278 (130) 2,195 5,630 93,492 Direct non-interest expenses 19,076 121,897 27,202 2,732 25,195 20,835 216,937 Segment income $ 75,744 $ 204,917 $ 101,342 $ 31,275 $ 39,513 $ 1,500 $ 454,291 Average earnings assets $ 2,249,203 $ 2,865,610 $ 3,654,906 $ 7,642,121 $ 2,047,375 $ 371,468 $ 18,830,683 (In thousands) Mortgage Banking Consumer (Retail) Banking Commercial and Corporate Banking Treasury and Investments United States Operations Virgin Islands Operations Total Nine-Month Period Ended September 30, 2021 Interest income $ 109,727 $ 200,853 $ 153,849 $ 48,812 $ 61,830 $ 21,202 $ 596,273 Net (charge) credit for transfer of funds (31,621) 20,050 (7,012) 22,216 (3,633) - - Interest expense - (22,326) - (17,650) (9,513) (993) (50,482) Net interest income 78,106 198,577 146,837 53,378 48,684 20,209 545,791 Provision for credit losses - (benefit) expense (9,966) 11,285 (53,263) (136) (535) (874) (53,489) Non-interest income 19,174 51,513 11,930 202 3,008 4,959 90,786 Direct non-interest expenses 22,314 124,476 27,752 3,164 25,740 21,826 225,272 Segment income $ 84,932 $ 114,329 $ 184,278 $ 50,552 $ 26,487 $ 4,216 $ 464,794 Average earnings assets $ 2,555,476 $ 2,508,777 $ 3,855,854 $ 7,535,752 $ 2,120,144 $ 438,024 $ 19,014,027
Reconciliation of the Reportable Segment Financial Information [Table Text Block] | Quarter Ended Nine-Month Period Ended September 30, September 30, 2022 2021 2022 2021 (In thousands) Net income: Total income for segments $ 147,438 $ 155,667 $ 454,291 $ 464,794 Other operating expenses (1) 40,807 42,932 113,237 152,237 Income before income taxes 106,631 112,735 341,054 312,557 Income tax expense 32,028 37,057 109,156 105,171 Total consolidated net income $ 74,603 $ 75,678 $ 231,898 $ 207,386 Average assets: Total average earning assets for segments $ 18,311,378 $ 20,047,397 $ 18,830,683 $ 19,014,027 Average non-earning assets 835,740 1,024,385 873,911 1,105,223 Total consolidated average assets $ 19,147,118 $ 21,071,782 $ 19,704,594 $ 20,119,250 (1) Expenses pertaining to corporate administrative functions that support the operating segment, 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.

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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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