XML 46 R34.htm IDEA: XBRL DOCUMENT
v3.22.2.2

LOANS HELD FOR INVESTMENT (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items] |
Loan Portfolio Held for Investment [Table Text Block] | The following table provides information about the loan portfolio held for investment by portfolio segment and disaggregated by geographic location as of the indicated dates: As of September 30, 2022 As of December 31, 2021 (In thousands) Puerto Rico and Virgin Island region: Residential mortgage loans, mainly secured by first mortgages $ 2,415,232 $ 2,549,573 Construction loans 27,716 43,133 Commercial mortgage loans 1,754,447 1,702,231 Commercial and Industrial ("C&I") loans 1,842,166 1,946,597 Consumer loans 3,208,437 2,872,384 Loans held for investment 9,247,998 9,113,918 Florida region: Residential mortgage loans, mainly secured by first mortgages $ 415,742 $ 429,322 Construction loans 96,278 95,866 Commercial mortgage loans 511,167 465,238 C&I loans 1,016,120 940,654 Consumer loans 11,313 15,660 Loans held for investment 2,050,620 1,946,740 Total: Residential mortgage loans, mainly secured by first mortgages $ 2,830,974 $ 2,978,895 Construction loans 123,994 138,999 Commercial mortgage loans 2,265,614 2,167,469 C&I loans (1) 2,858,286 2,887,251 Consumer loans 3,219,750 2,888,044 Loans held for investment (2) $ 11,298,618 $ 11,060,658 (1) As of September 30, 2022 and December 31, 2021, includes $ 870.3 million and $ 952.1 million, respectively, of commercial loans that were secured by real estate but were not dependent upon the real estate for repayment. (2) Includes accretable fair value net purchase discounts of $ 30.7 million and $ 35.3 million as of September 30, 2022 and December 31, 2021, respectively.
Corporation's Aging of Loans Held for Investment Portfolio [Table Text Block] | The Corporation’s aging of the loan portfolio held for investment by portfolio classes and nonaccrual loans with no ACL as of September 30, 2022 and December 31, 2021 are as follows: As of September 30, 2022 Days Past Due and Accruing Current 30-59 60-89 90 + (1) (2) (3) Nonaccrual (4) (5) Total loans held for investment Nonaccrual Loans with no ACL (6) (In thousands) Residential mortgage loans, mainly secured by first mortgages: FHA/VA government-guaranteed loans (1) (3) (7) $ 67,095 $ - $ 2,824 $ 49,044 $ - $ 118,963 $ - Conventional residential mortgage loans (2) (7) 2,621,897 - 29,012 18,066 43,036 2,712,011 3,412 Commercial loans: Construction loans 121,757 - - - 2,237 123,994 976 Commercial mortgage loans (2) (7) 2,238,580 1,415 417 1,461 23,741 2,265,614 15,699 C&I loans 2,827,076 4,463 1,943 9,089 15,715 2,858,286 10,854 Consumer loans: Auto loans 1,695,594 41,935 8,068 - 8,703 1,754,300 2,054 Finance leases 659,097 7,033 1,554 - 1,430 669,114 216 Personal loans 341,220 3,852 1,884 - 1,146 348,102 - Credit cards 293,555 4,212 2,320 3,985 - 304,072 - Other consumer loans 139,621 1,779 1,254 - 1,508 144,162 - Total loans held for investment $ 11,005,492 $ 64,689 $ 49,276 $ 81,645 $ 97,516 $ 11,298,618 $ 33,211 (1) It is the Corporation's policy to report delinquent FHA/VA government-guaranteed residential mortgage loans as past-due loans 90 days and still accruing as opposed to nonaccrual loans. The Corporation continues accruing interest on these loans until they have passed the 15 months delinquency mark, taking into consideration the FHA interest curtailment process. These balances include $ 31.0 million of residential mortgage loans guaranteed by the FHA that were over 15 months delinquent. (2) Includes purchased credit deteriorated ("PCD") loans previously accounted for under Accounting Standard Codification ("ASC") Subtopic 310-30, "Loans and Debt Securities Acquired with Deteriorated Credit Quality" ("ASC Subtopic 310-30") for which the Corporation made the accounting policy election of maintaining pools of loans as “units of account” both at the time of adoption of CECL on January 1, 2020 and on an ongoing basis for credit loss measurement. These loans will continue to be excluded from nonaccrual loan statistics as long as the Corporation can reasonably estimate the timing and amount of cash flows expected to be collected on the loan pools. The portion of such loans contractually past due 90 days or more, amounting to $ 12.8 million as of September 30, 2022 ($ 11.8 million conventional residential mortgage loans and $ 1.0 million commercial mortgage loans), is presented in the loans past due 90 days or more and still accruing category in the table above. (3) Include rebooked loans, which were previously pooled into GNMA securities, amounting to $ 8.0 million as of September 30, 2022. Under the GNMA program, the Corporation has the option but not the obligation to repurchase loans that meet GNMA’s specified delinquency criteria. For accounting purposes, these loans subject to the repurchase option are required to be reflected on the financial statements with an offsetting liability. (4) Nonaccrual loans in the Florida region amounted to $ 6.5 million as of September 30, 2022, primarily nonaccrual residential mortgage loans. (5) Nonaccrual loans exclude $ 340.1 million of TDR loans that were in compliance with modified terms and in accrual status as of September 30, 2022. (6) Includes $ 0.6 million of nonaccrual C&I loans with no ACL in the Florida region as of September 30, 2022. (7) According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y- 9C) required by the Federal Reserve Board, residential mortgage, commercial mortgage, and construction loans are considered past due when the borrower is in arrears on two or more monthly payments. FHA/VA government-guaranteed loans, conventional residential mortgage loans, and commercial mortgage loans past due 30-59 days, but less than two payments in arrears, as of September 30, 2022 amounted to $ 6.0 million, $ 71.7 million, and $ 1.9 million, respectively. As of December 31, 2021 Days Past Due and Accruing Current 30-59 60-89 90+ (1) (2) (3) Nonaccrual (4) (5) Total loans held for investment Nonaccrual Loans with no ACL (6) (In thousands) Residential mortgage loans, mainly secured by first mortgages: FHA/VA government-guaranteed loans (1) (3) (7) $ 57,522 $ - $ 2,355 $ 65,515 $ - $ 125,392 $ - Conventional residential mortgage loans (2) (7) 2,738,111 - 31,832 28,433 55,127 2,853,503 3,689 Commercial loans: Construction loans 136,317 18 - - 2,664 138,999 1,000 Commercial mortgage loans (2) (7) 2,129,375 2,402 436 9,919 25,337 2,167,469 8,289 C&I loans 2,858,397 2,047 1,845 7,827 17,135 2,887,251 11,393 Consumer loans: Auto loans 1,533,445 26,462 4,949 - 6,684 1,571,540 3,146 Finance leases 568,606 4,820 713 - 866 575,005 196 Personal loans 310,390 3,299 1,285 - 1,208 316,182 - Credit cards 282,179 3,158 1,904 2,985 - 290,226 - Other consumer loans 130,588 1,996 811 - 1,696 135,091 20 Total loans held for investment $ 10,744,930 $ 44,202 $ 46,130 $ 114,679 $ 110,717 $ 11,060,658 $ 27,733 (1) It is the Corporation's policy to report delinquent FHA/VA government-guaranteed residential mortgage loans as past-due loans 90 days and still accruing as opposed to nonaccrual loans. The Corporation continues accruing interest on these loans until they have passed the 15 months delinquency mark, taking into consideration the FHA interest curtailment process. These balances include $ 46.6 million of residential mortgage loans guaranteed by the FHA that were over 15 months delinquent. (2) Includes PCD loans previously accounted for under ASC Subtopic 310-30 for which the Corporation made the accounting policy election of maintaining pools of loans as “units of account” both at the time of adoption of CECL on January 1, 2020 and on an ongoing basis for credit loss measurement. These loans will continue to be excluded from nonaccrual loan statistics as long as the Corporation can reasonably estimate the timing and amount of cash flows expected to be collected on the loan pools. The portion of such loans contractually past due 90 days or more, amounting to $ 20.6 million as of December 31, 2021 ($ 19.1 million conventional residential mortgage loans and $ 1.5 million commercial mortgage loans), is presented in the loans past due 90 days or more and still accruing category in the table above. (3) Include rebooked loans, which were previously pooled into GNMA securities, amounting to $ 7.2 million as of December 31, 2021. Under the GNMA program, the Corporation has the option but not the obligation to repurchase loans that meet GNMA’s specified delinquency criteria. For accounting purposes, these loans subject to the repurchase option are required to be reflected on the financial statements with an offsetting liability. (4) Nonaccrual loans in the Florida region amounted to $ 8.2 million as of December 31, 2021, primarily nonaccrual residential mortgage loans. (5) Nonaccrual loans exclude $ 363.4 million of TDR loans that were in compliance with modified terms and in accrual status as of December 31, 2021. (6) Includes $ 0.5 million of nonaccrual C&I loans with no ACL in the Florida region as of December 31, 2021. (7) According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C) required by the Federal Reserve Board, residential mortgage, commercial mortgage, and construction loans are considered past due when the borrower is in arrears on two or more monthly payments. FHA/VA government -guaranteed loans, conventional residential mortgage loans, and commercial mortgage loans past due 30-59 days, but less than two payments in arrears, as of December 31, 2021 amounted to $ 6.1 million, $ 66.0 million, and $ 0.7 million, respectively.
Corporation's Credit Quality Indicators by Loan [Table Text Block] | Based on the most recent analysis performed, the amortized cost of commercial and construction loans by portfolio classes and by origination year based on the internal credit-risk category as of September 30, 2022 and the amortized cost of commercial and construction loans by portfolio classes based on the internal credit-risk category as of December 31, 2021 was as follows: As of September 30, 2022 Puerto Rico and Virgin Islands region Term Loans As of December 31, 2021 Amortized Cost Basis by Origination Year (1) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Total (In thousands) CONSTRUCTION Risk Ratings: Pass $ 8,853 $ 11,978 $ - $ - $ - $ 3,958 $ - $ 24,789 $ 38,066 Criticized: Special Mention - - - - - - - - 765 Substandard - - - - - 2,927 - 2,927 4,302 Doubtful - - - - - - - - - Loss - - - - - - - - - Total construction loans $ 8,853 $ 11,978 $ - $ - $ - $ 6,885 $ - $ 27,716 $ 43,133 COMMERCIAL MORTGAGE Risk Ratings: Pass $ 241,870 $ 150,940 $ 365,144 $ 222,211 $ 179,280 $ 308,966 $ 232 $ 1,468,643 $ 1,395,569 Criticized: Special Mention 1,218 - 3,611 83,664 30,832 130,324 - 249,649 259,263 Substandard 138 - - 2,927 761 32,329 - 36,155 47,399 Doubtful - - - - - - - - - Loss - - - - - - - - - Total commercial mortgage loans $ 243,226 $ 150,940 $ 368,755 $ 308,802 $ 210,873 $ 471,619 $ 232 $ 1,754,447 $ 1,702,231 COMMERCIAL AND INDUSTRIAL Risk Ratings: Pass $ 116,025 $ 200,628 $ 189,639 $ 324,443 $ 126,946 $ 258,087 $ 541,962 $ 1,757,730 $ 1,852,552 Criticized: Special Mention 145 - - - 236 2,652 24,830 27,863 32,650 Substandard 65 4,093 1,360 14,113 1,958 33,310 1,674 56,573 61,395 Doubtful - - - - - - - - - Loss - - - - - - - - - Total commercial and industrial loans $ 116,235 $ 204,721 $ 190,999 $ 338,556 $ 129,140 $ 294,049 $ 568,466 $ 1,842,166 $ 1,946,597 (1) Excludes accrued interest receivable. As of September 30, 2022 Term Loans As of December 31, 2021 Florida region Amortized Cost Basis by Origination Year (1) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Total (In thousands) CONSTRUCTION Risk Ratings: Pass $ 46,944 $ 45,284 $ - $ 14 $ - $ - $ 4,036 $ 96,278 $ 95,866 Criticized: Special Mention - - - - - - - - - Substandard - - - - - - - - - Doubtful - - - - - - - - - Loss - - - - - - - - - Total construction loans $ 46,944 $ 45,284 $ - $ 14 $ - $ - $ 4,036 $ 96,278 $ 95,866 COMMERCIAL MORTGAGE Risk Ratings: Pass $ 157,109 $ 70,922 $ 42,997 $ 55,184 $ 72,273 $ 71,565 $ 19,232 $ 489,282 $ 404,304 Criticized: Special Mention - - 7,024 13,384 - - - 20,408 60,618 Substandard - - 1,168 - - 309 - 1,477 316 Doubtful - - - - - - - - - Loss - - - - - - - - - Total commercial mortgage loans $ 157,109 $ 70,922 $ 51,189 $ 68,568 $ 72,273 $ 71,874 $ 19,232 $ 511,167 $ 465,238 COMMERCIAL AND INDUSTRIAL Risk Ratings: Pass $ 255,508 $ 169,329 $ 82,074 $ 224,772 $ 67,508 $ 45,828 $ 96,639 $ 941,658 $ 826,823 Criticized: Special Mention - - - 5,972 - 12,185 - 18,157 49,946 Substandard - - 24,193 27,456 - 4,356 300 56,305 63,885 Doubtful - - - - - - - - - Loss - - - - - - - - - Total commercial and industrial loans $ 255,508 $ 169,329 $ 106,267 $ 258,200 $ 67,508 $ 62,369 $ 96,939 $ 1,016,120 $ 940,654 (1) Excludes accrued interest receivable. As of September 30, 2022 Total Term Loans As of December 31, 2021 Amortized Cost Basis by Origination Year (1) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Total (In thousands) CONSTRUCTION Risk Ratings: Pass $ 55,797 $ 57,262 $ - $ 14 $ - $ 3,958 $ 4,036 $ 121,067 $ 133,932 Criticized: Special Mention - - - - - - - - 765 Substandard - - - - - 2,927 - 2,927 4,302 Doubtful - - - - - - - - - Loss - - - - - - - - - Total construction loans $ 55,797 $ 57,262 $ - $ 14 $ - $ 6,885 $ 4,036 $ 123,994 $ 138,999 COMMERCIAL MORTGAGE Risk Ratings: Pass $ 398,979 $ 221,862 $ 408,141 $ 277,395 $ 251,553 $ 380,531 $ 19,464 $ 1,957,925 $ 1,799,873 Criticized: Special Mention 1,218 - 10,635 97,048 30,832 130,324 - 270,057 319,881 Substandard 138 - 1,168 2,927 761 32,638 - 37,632 47,715 Doubtful - - - - - - - - - Loss - - - - - - - - - Total commercial mortgage loans $ 400,335 $ 221,862 $ 419,944 $ 377,370 $ 283,146 $ 543,493 $ 19,464 $ 2,265,614 $ 2,167,469 COMMERCIAL AND INDUSTRIAL Risk Ratings: Pass $ 371,533 $ 369,957 $ 271,713 $ 549,215 $ 194,454 $ 303,915 $ 638,601 $ 2,699,388 $ 2,679,375 Criticized: Special Mention 145 - - 5,972 236 14,837 24,830 46,020 82,596 Substandard 65 4,093 25,553 41,569 1,958 37,666 1,974 112,878 125,280 Doubtful - - - - - - - - - Loss - - - - - - - - - Total commercial and industrial loans $ 371,743 $ 374,050 $ 297,266 $ 596,756 $ 196,648 $ 356,418 $ 665,405 $ 2,858,286 $ 2,887,251 (1) Excludes accrued interest receivable. The following tables present the amortized cost of residential mortgage loans by origination year based on accrual status as of September 30, 2022, and the amortized cost of residential mortgage loans by accrual status as of December 31, 2021: As of September 30, 2022 As of December 31, 2021 Term Loans Amortized Cost Basis by Origination Year (1) (In thousands) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Total Puerto Rico and Virgin Islands Region: FHA/VA government-guaranteed loans Accrual Status: Performing $ 705 $ 323 $ 828 $ 1,291 $ 3,871 $ 111,199 $ - $ 118,217 $ 124,652 Non-Performing - - - - - - - - - Total FHA/VA government-guaranteed loans $ 705 $ 323 $ 828 $ 1,291 $ 3,871 $ 111,199 $ - $ 118,217 $ 124,652 Conventional residential mortgage loans: Accrual Status: Performing $ 113,963 $ 77,357 $ 32,059 $ 49,797 $ 73,631 $ 1,912,690 $ - $ 2,259,497 $ 2,376,946 Non-Performing - 35 - 113 279 37,091 - 37,518 47,975 Total conventional residential mortgage loans $ 113,963 $ 77,392 $ 32,059 $ 49,910 $ 73,910 $ 1,949,781 $ - $ 2,297,015 $ 2,424,921 Total: Accrual Status: Performing $ 114,668 $ 77,680 $ 32,887 $ 51,088 $ 77,502 $ 2,023,889 $ - $ 2,377,714 $ 2,501,598 Non-Performing - 35 - 113 279 37,091 - 37,518 47,975 Total residential mortgage loans in Puerto Rico and Virgin Islands Region $ 114,668 $ 77,715 $ 32,887 $ 51,201 $ 77,781 $ 2,060,980 $ - $ 2,415,232 $ 2,549,573 (1) Excludes accrued interest receivable. As of September 30, 2022 As of December 31, 2021 Term Loans Amortized Cost Basis by Origination Year (1) (In thousands) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Total Florida Region: FHA/VA government-guaranteed loans Accrual Status: Performing $ - $ - $ - $ - $ - $ 746 $ - $ 746 $ 740 Non-Performing - - - - - - - - - Total FHA/VA government-guaranteed loans $ - $ - $ - $ - $ - $ 746 $ - $ 746 $ 740 Conventional residential mortgage loans: Accrual Status: Performing $ 58,261 $ 50,307 $ 32,160 $ 33,150 $ 38,744 $ 196,856 $ - $ 409,478 $ 421,430 Non-Performing - - - 274 - 5,244 - 5,518 7,152 Total conventional residential mortgage loans $ 58,261 $ 50,307 $ 32,160 $ 33,424 $ 38,744 $ 202,100 $ - $ 414,996 $ 428,582 Total: Accrual Status: Performing $ 58,261 $ 50,307 $ 32,160 $ 33,150 $ 38,744 $ 197,602 $ - $ 410,224 $ 422,170 Non-Performing - - - 274 - 5,244 - 5,518 7,152 Total residential mortgage loans in Florida region $ 58,261 $ 50,307 $ 32,160 $ 33,424 $ 38,744 $ 202,846 $ - $ 415,742 $ 429,322 (1) Excludes accrued interest receivable. As of September 30, 2022 As of December 31, 2021 Term Loans Amortized Cost Basis by Origination Year (1) (In thousands) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Total Total: FHA/VA government-guaranteed loans Accrual Status: Performing $ 705 $ 323 $ 828 $ 1,291 $ 3,871 $ 111,945 $ - $ 118,963 $ 125,392 Non-Performing - - - - - - - - - Total FHA/VA government-guaranteed loans $ 705 $ 323 $ 828 $ 1,291 $ 3,871 $ 111,945 $ - $ 118,963 $ 125,392 Conventional residential mortgage loans: Accrual Status: Performing $ 172,224 $ 127,664 $ 64,219 $ 82,947 $ 112,375 $ 2,109,546 $ - $ 2,668,975 $ 2,798,376 Non-Performing - 35 - 387 279 42,335 - 43,036 55,127 Total conventional residential mortgage loans $ 172,224 $ 127,699 $ 64,219 $ 83,334 $ 112,654 $ 2,151,881 $ - $ 2,712,011 $ 2,853,503 Total: Accrual Status: Performing $ 172,929 $ 127,987 $ 65,047 $ 84,238 $ 116,246 $ 2,221,491 $ - $ 2,787,938 $ 2,923,768 Non-Performing - 35 - 387 279 42,335 - 43,036 55,127 Total residential mortgage loans $ 172,929 $ 128,022 $ 65,047 $ 84,625 $ 116,525 $ 2,263,826 $ - $ 2,830,974 $ 2,978,895 (1) Excludes accrued interest receivable. The following tables present the amortized cost of consumer loans by origination year based on accrual status as of September 30, 2022 and the amortized cost of consumer loans by accrual status as of December 31, 2021: As of September 30, 2022 As of December 31, 2021 Term Loans Amortized Cost Basis by Origination Year (1) (In thousands) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Total Puerto Rico and Virgin Islands Region: Auto loans: Accrual Status: Performing $ 530,902 $ 544,149 $ 275,432 $ 227,501 $ 112,215 $ 50,723 $ - $ 1,740,922 $ 1,556,097 Non-Performing 552 1,656 1,353 2,408 1,414 1,308 - 8,691 6,684 Total auto loans $ 531,454 $ 545,805 $ 276,785 $ 229,909 $ 113,629 $ 52,031 $ - $ 1,749,613 $ 1,562,781 Finance leases: Accrual Status: Performing $ 212,139 $ 200,819 $ 94,148 $ 88,244 $ 54,392 $ 17,942 $ - $ 667,684 $ 574,139 Non-Performing 39 298 321 248 204 320 - 1,430 866 Total finance leases $ 212,178 $ 201,117 $ 94,469 $ 88,492 $ 54,596 $ 18,262 $ - $ 669,114 $ 575,005 Personal loans: Accrual Status: Performing $ 141,759 $ 63,308 $ 33,960 $ 62,696 $ 27,401 $ 17,474 $ - $ 346,598 $ 314,867 Non-Performing 87 281 192 381 81 124 - 1,146 1,208 Total personal loans $ 141,846 $ 63,589 $ 34,152 $ 63,077 $ 27,482 $ 17,598 $ - $ 347,744 $ 316,075 Credit cards: Accrual Status: Performing $ - $ - $ - $ - $ - $ - $ 304,072 $ 304,072 $ 290,226 Non-Performing - - - - - - - - - Total credit cards $ - $ - $ - $ - $ - $ - $ 304,072 $ 304,072 $ 290,226 Other consumer loans: Accrual Status: Performing $ 65,494 $ 27,107 $ 10,670 $ 14,597 $ 4,983 $ 4,672 $ 8,985 $ 136,508 $ 126,734 Non-Performing 218 364 88 184 61 335 136 1,386 1,563 Total other consumer loans $ 65,712 $ 27,471 $ 10,758 $ 14,781 $ 5,044 $ 5,007 $ 9,121 $ 137,894 $ 128,297 Total: Performing $ 950,294 $ 835,383 $ 414,210 $ 393,038 $ 198,991 $ 90,811 $ 313,057 $ 3,195,784 $ 2,862,063 Non-Performing 896 2,599 1,954 3,221 1,760 2,087 136 12,653 10,321 Total consumer loans in Puerto Rico and Virgin Islands region $ 951,190 $ 837,982 $ 416,164 $ 396,259 $ 200,751 $ 92,898 $ 313,193 $ 3,208,437 $ 2,872,384 (1) Excludes accrued interest receivable. As of September 30, 2022 As of December 31, 2021 Term Loans Amortized Cost Basis by Origination Year (1) (In thousands) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Total Florida Region: Auto loans: Accrual Status: Performing $ - $ - $ - $ 377 $ 2,830 $ 1,468 $ - $ 4,675 $ 8,759 Non-Performing - - - - - 12 - 12 - Total auto loans $ - $ - $ - $ 377 $ 2,830 $ 1,480 $ - $ 4,687 $ 8,759 Finance leases: Accrual Status: Performing $ - $ - $ - $ - $ - $ - $ - $ - $ - Non-Performing - - - - - - - - - Total finance leases $ - $ - $ - $ - $ - $ - $ - $ - $ - Personal loans: Accrual Status: Performing $ 274 $ 71 $ 13 $ - $ - $ - $ - $ 358 $ 107 Non-Performing - - - - - - - - - Total personal loans $ 274 $ 71 $ 13 $ - $ - $ - $ - $ 358 $ 107 Credit cards: Accrual Status: Performing $ - $ - $ - $ - $ - $ - $ - $ - $ - Non-Performing - - - - - - - - - Total credit cards $ - $ - $ - $ - $ - $ - $ - $ - $ - Other consumer loans: Accrual Status: Performing $ 50 $ 233 $ 469 $ - $ 39 $ 2,929 $ 2,426 $ 6,146 $ 6,661 Non-Performing - - - - - 22 100 122 133 Total other consumer loans $ 50 $ 233 $ 469 $ - $ 39 $ 2,951 $ 2,526 $ 6,268 $ 6,794 Total: Performing $ 324 $ 304 $ 482 $ 377 $ 2,869 $ 4,397 $ 2,426 $ 11,179 $ 15,527 Non-Performing - - - - - 34 100 134 133 Total consumer loans in Florida region $ 324 $ 304 $ 482 $ 377 $ 2,869 $ 4,431 $ 2,526 $ 11,313 $ 15,660 (1) Excludes accrued interest receivable. As of September 30, 2022 As of December 31, 2021 Term Loans Amortized Cost Basis by Origination Year (1) (In thousands) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Total Total: Auto loans: Accrual Status: Performing $ 530,902 $ 544,149 $ 275,432 $ 227,878 $ 115,045 $ 52,191 $ - $ 1,745,597 $ 1,564,856 Non-Performing 552 1,656 1,353 2,408 1,414 1,320 - 8,703 6,684 Total auto loans $ 531,454 $ 545,805 $ 276,785 $ 230,286 $ 116,459 $ 53,511 $ - $ 1,754,300 $ 1,571,540 Finance leases: Accrual Status: Performing $ 212,139 $ 200,819 $ 94,148 $ 88,244 $ 54,392 $ 17,942 $ - $ 667,684 $ 574,139 Non-Performing 39 298 321 248 204 320 - 1,430 866 Total finance leases $ 212,178 $ 201,117 $ 94,469 $ 88,492 $ 54,596 $ 18,262 $ - $ 669,114 $ 575,005 Personal loans: Accrual Status: Performing $ 142,033 $ 63,379 $ 33,973 $ 62,696 $ 27,401 $ 17,474 $ - $ 346,956 $ 314,974 Non-Performing 87 281 192 381 81 124 - 1,146 1,208 Total personal loans $ 142,120 $ 63,660 $ 34,165 $ 63,077 $ 27,482 $ 17,598 $ - $ 348,102 $ 316,182 Credit cards: Accrual Status: Performing $ - $ - $ - $ - $ - $ - $ 304,072 $ 304,072 $ 290,226 Non-Performing - - - - - - - - - Total credit cards $ - $ - $ - $ - $ - $ - $ 304,072 $ 304,072 $ 290,226 Other consumer loans: Accrual Status: Performing $ 65,544 $ 27,340 $ 11,139 $ 14,597 $ 5,022 $ 7,601 $ 11,411 $ 142,654 $ 133,395 Non-Performing 218 364 88 184 61 357 236 1,508 1,696 Total other consumer loans $ 65,762 $ 27,704 $ 11,227 $ 14,781 $ 5,083 $ 7,958 $ 11,647 $ 144,162 $ 135,091 Total: Performing $ 950,618 $ 835,687 $ 414,692 $ 393,415 $ 201,860 $ 95,208 $ 315,483 $ 3,206,963 $ 2,877,590 Non-Performing 896 2,599 1,954 3,221 1,760 2,121 236 12,787 10,454 Total consumer loans $ 951,514 $ 838,286 $ 416,646 $ 396,636 $ 203,620 $ 97,329 $ 315,719 $ 3,219,750 $ 2,888,044 (1) Excludes accrued interest receivable.
Collateral Pledged [Member] |
Accounts, Notes, Loans and Financing Receivable [Line Items] |
Loan Portfolio Held for Investment [Table Text Block] | September 30, 2022 Collateral Dependent Loans - With Allowance Collateral Dependent Loans - With No Related Allowance Collateral Dependent Loans - Total Amortized Cost Related Allowance Amortized Cost Amortized Cost Related Allowance (In thousands) Residential mortgage loans: FHA/VA government -guaranteed loans $ - $ - $ - $ - $ - Conventional residential mortgage loans 38,898 2,706 592 39,490 2,706 Commercial loans: Construction loans - - 956 956 - Commercial mortgage loans 3,070 933 62,366 65,436 933 C&I loans 17,695 2,788 19,940 37,635 2,788 Consumer loans: Auto loans - - - - - Finance leases - - - - - Personal loans 57 1 - 57 1 Credit cards - - - - - Other consumer loans 280 34 - 280 34 $ 60,000 $ 6,462 $ 83,854 $ 143,854 $ 6,462 December 31, 2021 Collateral Dependent Loans - With Allowance Collateral Dependent Loans - With No Related Allowance Collateral Dependent Loans - Total Amortized Cost Related Allowance Amortized Cost Amortized Cost Related Allowance (In thousands) Residential mortgage loans: FHA/VA government -guaranteed loans $ - $ - $ - $ - $ - Conventional residential mortgage loans 51,771 3,966 781 52,552 3,966 Commercial loans: Construction loans - - 1,797 1,797 - Commercial mortgage loans 9,908 1,152 56,361 66,269 1,152 C&I loans 5,781 670 34,043 39,824 670 Consumer loans: Auto loans - - - - - Finance leases - - - - - Personal loans 78 1 - 78 1 Credit cards - - - - - Other consumer loans 782 98 - 782 98 $ 68,320 $ 5,887 $ 92,982 $ 161,302 $ 5,887
TDR [Member] |
Accounts, Notes, Loans and Financing Receivable [Line Items] |
Troubled Debt Restructurings On Financing Receivables Table [Text Block] | The following tables present TDR loans completed during the quarters and nine-month periods ended September 30, 2022 and 2021: Quarter Ended September 30, 2022 Interest rate below market Maturity or term extension Combination of reduction in interest rate and extension of maturity Forgiveness of principal and/or interest Other (1) Total (In thousands) TDRs: Conventional residential mortgage loans $ - $ 132 $ - $ - $ 1,022 $ 1,154 Construction loans - - - - - - Commercial mortgage loans - - - - - - C&I loans 495 - - - - 495 Consumer loans: Auto loans 661 42 84 - - 787 Finance leases - 82 - - - 82 Personal loans - 75 58 - - 133 Credit cards - - - - 252 252 Other consumer loans 10 56 - 19 - 85 Total TDRs $ 1,166 $ 387 $ 142 $ 19 $ 1,274 $ 2,988 (1) Other concessions granted by the Corporation include payment plans under judicial stipulation or loss mitigation programs, or a combination of two or more of the concessions listed in the table. Amounts included in Other that represent a combination of concessions are excluded from the amounts reported in the column for such individual concessions. Nine-Month Period Ended September 30, 2022 Interest rate below market Maturity or term extension Combination of reduction in interest rate and extension of maturity Forgiveness of principal and/or interest Other (1) Total (In thousands) TDRs: Conventional residential mortgage loans $ 215 $ 1,484 $ 190 $ - $ 3,709 $ 5,598 Construction loans - - - - - - Commercial mortgage loans - 245 5,178 - 467 5,890 C&I loans 895 - - 825 1,083 2,803 Consumer loans: Auto loans 2,120 126 264 - - 2,510 Finance leases - 451 - - 18 469 Personal loans 99 135 84 - - 318 Credit cards - - - - 647 647 Other consumer loans 93 188 - 37 - 318 Total TDRs $ 3,422 $ 2,629 $ 5,716 $ 862 $ 5,924 $ 18,553 (1) Other concessions granted by the Corporation include payment plans under judicial stipulation or loss mitigation programs, or a combination of two or more of the concessions listed in the table. Amounts included in Other that represent a combination of concessions are excluded from the amounts reported in the column for such individual concessions. Quarter Ended September 30, 2021 Interest rate below market Maturity or term extension Combination of reduction in interest rate and extension of maturity Forgiveness of principal and/or interest Other (1) Total (In thousands) TDRs: Conventional residential mortgage loans $ 345 $ 759 $ 92 $ - $ 1,454 $ 2,650 Construction loans - - - - - - Commercial mortgage loans - - 10,331 - - 10,331 C&I loans - - 9,100 - - 9,100 Consumer loans: Auto loans 364 14 58 - - 436 Finance leases - 165 26 - - 191 Personal loans 13 23 67 - - 103 Credit cards - - - - 207 207 Other consumer loans 17 28 - 15 - 60 Total TDRs $ 739 $ 989 $ 19,674 $ 15 $ 1,661 $ 23,078 (1) Other concessions granted by the Corporation include payment plans under judicial stipulation or loss mitigation programs, or a combination of two or more of the concessions listed in the table. Amounts included in Other that represent a combination of concessions are excluded from the amounts reported in the column for such individual concessions. Nine-Month Period Ended September 30, 2021 Interest rate below market Maturity or term extension Combination of reduction in interest rate and extension of maturity Forgiveness of principal and/or interest Other (1) Total (In thousands) TDRs: Conventional residential mortgage loans $ 365 $ 759 $ 1,605 $ - $ 2,718 $ 5,447 Construction loans - - - - - - Commercial mortgage loans - - 10,586 - 442 11,028 C&I loans - 300 9,100 - 171 9,571 Consumer loans: Auto loans 1,372 309 196 - - 1,877 Finance leases - 526 26 - - 552 Personal loans 13 52 263 - 8 336 Credit cards - - - - 1,171 1,171 Other consumer loans 105 68 - 61 - 234 Total TDRs $ 1,855 $ 2,014 $ 21,776 $ 61 $ 4,510 $ 30,216 (1) Other concessions granted by the Corporation include payment plans under judicial stipulation or loss mitigation programs, or a combination of two or more of the concessions listed in the table. Amounts included in Other that represent a combination of concessions are excluded from the amounts reported in the column for such individual concessions. Quarter Ended September 30, 2022 Quarter Ended September 30, 2021 Number of contracts Pre-modification Amortized Cost Post-modification Amortized Cost Number of contracts Pre-modification Amortized Cost Post-modification Amortized Cost (Dollars in thousands) TDRs: Conventional residential mortgage loans 12 $ 1,220 $ 1,154 23 $ 2,654 $ 2,650 Construction loans - - - - - - Commercial mortgage loans - - - 2 10,433 10,331 C&I loans 3 495 495 3 9,100 9,100 Consumer loans: Auto loans 35 790 787 22 435 436 Finance leases 5 82 82 10 190 191 Personal loans 7 116 133 9 103 103 Credit Cards 50 251 252 40 207 207 Other consumer loans 29 83 85 14 59 60 Total TDRs 141 $ 3,037 $ 2,988 123 $ 23,181 $ 23,078 Nine-Month Period Ended September 30, 2022 Nine-Month Period Ended September 30, 2021 Number of contracts Pre-modification Amortized Cost Post-modification Amortized Cost Number of contracts Pre-modification Amortized Cost Post-modification Amortized Cost (Dollars in thousands) TDRs: Conventional residential mortgage loans 49 $ 5,668 $ 5,598 48 $ 5,552 $ 5,447 Construction loans - - - - - - Commercial mortgage loans 3 5,897 5,890 6 11,091 11,028 C&I loans 15 3,031 2,803 5 9,694 9,571 Consumer loans: Auto loans 123 2,512 2,510 101 1,875 1,877 Finance leases 26 469 469 33 550 552 Personal loans 19 301 318 32 330 336 Credit Cards 139 646 647 203 1,171 1,171 Other consumer loans 77 311 318 55 233 234 Total TDRs 451 $ 18,835 $ 18,553 483 $ 30,496 $ 30,216 Loan modifications considered TDR loans that defaulted (failure by the borrower to make payments of either principal, interest, or both for a period of 90 days or more) during the quarters and nine-month periods ended September 30, 2022 and 2021, and had become TDR loans during the 12-months preceding the default date, were as follows: Quarter Ended September 30, 2022 Quarter Ended September 30, 2021 Number of contracts Amortized Cost Number of contracts Amortized Cost (Dollars in thousands) Conventional residential mortgage loans 1 $ 50 2 $ 126 Construction loans - - - - Commercial mortgage loans - - - - C&I loans - - - - Consumer loans: Auto loans 31 776 23 433 Finance leases - - - - Personal loans - - 1 1 Credit cards 14 60 13 68 Other consumer loans 1 2 - - Total 47 $ 888 39 $ 628 Nine-Month Period Ended September 30, 2022 Nine-Month Period Ended September 30, 2021 Number of contracts Amortized Cost Number of contracts Amortized Cost (Dollars in thousands) Conventional residential mortgage loans 5 $ 534 4 $ 304 Construction loans - - - - Commercial mortgage loans - - - - C&I loans - - - - Consumer loans: Auto loans 75 1,674 69 1,164 Finance leases 1 16 - - Personal loans - - 1 1 Credit cards 39 201 25 161 Other consumer loans 5 19 9 36 Total 125 $ 2,444 108 $ 1,666

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_AccountsNotesAndLoansReceivableLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919230-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953659-111524 + Details
Name: | us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of aging analysis for financing receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 14 -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919253-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7A -URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953401-111524 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 80 -URI https://asc.fasb.org/extlink&oid=124267575&loc=SL82922355-210448 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=123577603&loc=d3e5111-111524 + Details
Name: | us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable modified as troubled debt restructuring. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 33 -URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953676-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953682-111524 + Details
Name: | us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_CollateralAxis=us-gaap_CollateralPledgedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LoanRestructuringModificationNameAxis=us-gaap_EntityLoanModificationProgramMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |