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OTHER BORROWINGS (Tables)
 9 Months Ended
Sep. 30, 2022
Subordinated Borrowings [Abstract]  
Components of Other Borrowings [Table Text Block]
Other borrowings, as of the indicated dates, consisted of:
September 30,
December 31,
2022
2021
(In thousands)
Floating rate junior subordinated debentures (FBP Statutory Trust I)
(1)
$
65,205
$
65,205
Floating rate junior subordinated debentures (FBP Statutory Trust II)
(2)
118,557
118,557
$
183,762
$
183,762
(1)
Amount represents junior subordinated interest-bearing
 
debentures due in 2034 with a floating
 
interest rate of
2.75
% over
3-month LIBOR
 
(
6.28
% as of September 30, 2022
 
and
2.97
% as
of December 31, 2021).
(2)
Amount represents junior subordinated interest-bearing
 
debentures due in 2034 with a floating
 
interest rate of
2.50
% over
3-month LIBOR
 
(
6.03
% as of September 30, 2022
 
and
2.71
% as
of December 31, 2021).