XML 52 R42.htm IDEA: XBRL DOCUMENT
v3.23.3

LOANS HELD FOR INVESTMENT (Tables) | 12 Months Ended
--- | ---
Dec. 31, 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 locations as of the indicated dates: As of December 31, As of December 31, 2022 2021 (In thousands) Puerto Rico and Virgin Islands region: Residential mortgage loans, mainly secured by first mortgages $ 2,417,900 $ 2,549,573 Construction loans 34,772 43,133 Commercial mortgage loans 1,834,204 1,702,231 C&I loans 1,860,109 1,946,597 Consumer loans 3,317,489 2,872,384 Loans held for investment $ 9,464,474 $ 9,113,918 Florida region: Residential mortgage loans, mainly secured by first mortgages $ 429,390 $ 429,322 Construction loans 98,181 95,866 Commercial mortgage loans 524,647 465,238 C&I loans 1,026,154 940,654 Consumer loans 9,979 15,660 Loans held for investment $ 2,088,351 $ 1,946,740 Total: Residential mortgage loans, mainly secured by first mortgages $ 2,847,290 $ 2,978,895 Construction loans 132,953 138,999 Commercial mortgage loans 2,358,851 2,167,469 C&I loans (1) 2,886,263 2,887,251 Consumer loans 3,327,468 2,888,044 Loans held for investment (2) 11,552,825 11,060,658 ACL on loans and finance leases (260,464) (269,030) Loans held for investment, net $ 11,292,361 $ 10,791,628 (1) As of December 31, 2022 and 2021, includes $ 838.5 million and $ 952.1 million, respectively, of commercial loans that were secured by real estate and the primary source of repayment at origination was not dependent upon the real estate. (2) Includes accretable fair value net purchase discounts of $ 29.3 million and $ 35.3 million as of December 31, 2022 and 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, as well as information about nonaccrual loans with no ACL by portfolio classes as of December 31, 2022 and 2021 are as follows: As of December 31, 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) $ 67,116 $ - $ 2,586 $ 48,456 $ - $ 118,158 $ - Conventional residential mortgage loans (2) (7) 2,643,909 - 25,630 16,821 42,772 2,729,132 2,292 Commercial loans: Construction loans 130,617 - - 128 2,208 132,953 977 Commercial mortgage loans (2) (7) 2,330,094 300 2,367 3,771 22,319 2,358,851 15,991 C&I loans 2,868,989 1,984 1,128 6,332 7,830 2,886,263 3,300 Consumer loans: Auto loans 1,740,271 40,039 7,089 - 10,672 1,798,071 2,136 Finance leases 707,646 7,148 1,791 - 1,645 718,230 330 Personal loans 346,366 3,738 1,894 - 1,248 353,246 - Credit cards 301,013 3,705 2,238 4,775 - 311,731 - Other consumer loans 141,687 1,804 1,458 - 1,241 146,190 - Total loans held for investment $ 11,277,708 $ 58,718 $ 46,181 $ 80,283 $ 89,935 $ 11,552,825 $ 25,026 (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 $ 28.2 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 $ 12.0 million as of December 31, 2022 ($ 11.0 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 $ 10.3 million as of December 31, 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 $ 8.3 million as of December 31, 2022, primarily nonaccrual residential mortgage loans. (5) Nonaccrual loans exclude $ 328.1 million of TDR loans that were in compliance with modified terms and in accrual status as of December 31, 2022. (6) Includes $ 0.3 million of nonaccrual C&I loans with no ACL in the Florida region as of December 31, 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 December 31, 2022 amounted to $ 6.1 million, $ 65.2 million, and $ 1.6 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] | As of December 31, 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 $ 9,463 $ 18,385 $ - $ - $ - $ 4,031 $ - $ 31,879 $ 38,066 Criticized: Special Mention - - - - - - - - 765 Substandard - - - - - 2,893 - 2,893 4,302 Doubtful - - - - - - - - - Loss - - - - - - - - - Total construction loans $ 9,463 $ 18,385 $ - $ - $ - $ 6,924 $ - $ 34,772 $ 43,133 COMMERCIAL MORTGAGE Risk Ratings: Pass $ 391,589 $ 141,456 $ 363,115 $ 296,954 $ 193,795 $ 267,793 $ 1,026 $ 1,655,728 $ 1,395,569 Criticized: Special Mention 1,198 - 3,583 6,919 12,042 121,673 - 145,415 259,263 Substandard 135 - - 2,819 - 30,107 - 33,061 47,399 Doubtful - - - - - - - - - Loss - - - - - - - - - Total commercial mortgage loans $ 392,922 $ 141,456 $ 366,698 $ 306,692 $ 205,837 $ 419,573 $ 1,026 $ 1,834,204 $ 1,702,231 C&I Risk Ratings: Pass $ 297,932 $ 195,460 $ 184,856 $ 315,987 $ 88,484 $ 179,201 $ 527,652 $ 1,789,572 $ 1,852,552 Criticized: Special Mention 138 912 - 500 9,867 2,631 29,176 43,224 32,650 Substandard 203 351 1,324 14,119 725 10,238 353 27,313 61,395 Doubtful - - - - - - - - - Loss - - - - - - - - - Total C&I loans $ 298,273 $ 196,723 $ 186,180 $ 330,606 $ 99,076 $ 192,070 $ 557,181 $ 1,860,109 $ 1,946,597 (1) Excludes accrued interest receivable. As of December 31, 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 $ 48,536 $ 42,841 $ - $ 14 $ - $ - $ 6,790 $ 98,181 $ 95,866 Criticized: Special Mention - - - - - - - - - Substandard - - - - - - - - - Doubtful - - - - - - - - - Loss - - - - - - - - - Total construction loans $ 48,536 $ 42,841 $ - $ 14 $ - $ - $ 6,790 $ 98,181 $ 95,866 COMMERCIAL MORTGAGE Risk Ratings: Pass $ 176,131 $ 70,525 $ 41,413 $ 54,839 $ 71,404 $ 70,316 $ 18,556 $ 503,184 $ 404,304 Criticized: Special Mention - - 6,986 13,309 - - - 20,295 60,618 Substandard - - 1,168 - - - - 1,168 316 Doubtful - - - - - - - - - Loss - - - - - - - - - Total commercial mortgage loans $ 176,131 $ 70,525 $ 49,567 $ 68,148 $ 71,404 $ 70,316 $ 18,556 $ 524,647 $ 465,238 C&I Risk Ratings: Pass $ 277,637 $ 163,210 $ 77,027 $ 223,504 $ 66,484 $ 35,028 $ 136,261 $ 979,151 $ 826,823 Criticized: Special Mention - - - 5,974 - 11,931 - 17,905 49,946 Substandard - - 267 24,852 - 3,678 301 29,098 63,885 Doubtful - - - - - - - - - Loss - - - - - - - - - Total C&I loans $ 277,637 $ 163,210 $ 77,294 $ 254,330 $ 66,484 $ 50,637 $ 136,562 $ 1,026,154 $ 940,654 (1) Excludes accrued interest receivable. As of December 31, 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 $ 57,999 $ 61,226 $ - $ 14 $ - $ 4,031 $ 6,790 $ 130,060 $ 133,932 Criticized: Special Mention - - - - - - - - 765 Substandard - - - - - 2,893 - 2,893 4,302 Doubtful - - - - - - - - - Loss - - - - - - - - - Total construction loans $ 57,999 $ 61,226 $ - $ 14 $ - $ 6,924 $ 6,790 $ 132,953 $ 138,999 COMMERCIAL MORTGAGE Risk Ratings: Pass $ 567,720 $ 211,981 $ 404,528 $ 351,793 $ 265,199 $ 338,109 $ 19,582 $ 2,158,912 $ 1,799,873 Criticized: Special Mention 1,198 - 10,569 20,228 12,042 121,673 - 165,710 319,881 Substandard 135 - 1,168 2,819 - 30,107 - 34,229 47,715 Doubtful - - - - - - - - - Loss - - - - - - - - - Total commercial mortgage loans $ 569,053 $ 211,981 $ 416,265 $ 374,840 $ 277,241 $ 489,889 $ 19,582 $ 2,358,851 $ 2,167,469 C&I Risk Ratings: Pass $ 575,569 $ 358,670 $ 261,883 $ 539,491 $ 154,968 $ 214,229 $ 663,913 $ 2,768,723 $ 2,679,375 Criticized: Special Mention 138 912 - 6,474 9,867 14,562 29,176 61,129 82,596 Substandard 203 351 1,591 38,971 725 13,916 654 56,411 125,280 Doubtful - - - - - - - - - Loss - - - - - - - - - Total C&I loans $ 575,910 $ 359,933 $ 263,474 $ 584,936 $ 165,560 $ 242,707 $ 693,743 $ 2,886,263 $ 2,887,251 (1) Excludes accrued interest receivable. The following tables present the amortized cost of residential mortgage loans by portfolio classes and by origination year based on accrual status as of December 31, 2022, and the amortized cost of residential mortgage loans by portfolio classes based on accrual status as of December 31, 2021: As of December 31, 2022 As of December 31, 2021 Term Loans Amortized Cost Basis by Origination Year (1) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Total (In thousands) Puerto Rico and Virgin Islands Region: FHA/VA government-guaranteed loans Accrual Status: Performing $ 700 $ 693 $ 802 $ 1,407 $ 3,784 $ 110,030 $ - $ 117,416 $ 124,652 Non-Performing - - - - - - - - - Total FHA/VA government-guaranteed loans $ 700 $ 693 $ 802 $ 1,407 $ 3,784 $ 110,030 $ - $ 117,416 $ 124,652 Conventional residential mortgage loans: Accrual Status: Performing $ 172,628 $ 75,397 $ 31,885 $ 47,911 $ 72,285 $ 1,864,907 $ - $ 2,265,013 $ 2,376,946 Non-Performing - 35 - 219 279 34,938 - 35,471 47,975 Total conventional residential mortgage loans $ 172,628 $ 75,432 $ 31,885 $ 48,130 $ 72,564 $ 1,899,845 $ - $ 2,300,484 $ 2,424,921 Total: Accrual Status: Performing $ 173,328 $ 76,090 $ 32,687 $ 49,318 $ 76,069 $ 1,974,937 $ - $ 2,382,429 $ 2,501,598 Non-Performing - 35 - 219 279 34,938 - 35,471 47,975 Total residential mortgage loans in Puerto Rico and Virgin Islands Region $ 173,328 $ 76,125 $ 32,687 $ 49,537 $ 76,348 $ 2,009,875 $ - $ 2,417,900 $ 2,549,573 (1) Excludes accrued interest receivable. As of December 31, 2022 As of December 31, 2021 Term Loans Amortized Cost Basis by Origination Year (1) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Total (In thousands) Florida Region: FHA/VA government-guaranteed loans Accrual Status: Performing $ - $ - $ - $ - $ - $ 742 $ - $ 742 $ 740 Non-Performing - - - - - - - - - Total FHA/VA government-guaranteed loans $ - $ - $ - $ - $ - $ 742 $ - $ 742 $ 740 Conventional residential mortgage loans: Accrual Status: Performing $ 82,968 $ 49,479 $ 31,405 $ 31,144 $ 37,268 $ 189,083 $ - $ 421,347 $ 421,430 Non-Performing - - - 272 477 6,552 - 7,301 7,152 Total conventional residential mortgage loans $ 82,968 $ 49,479 $ 31,405 $ 31,416 $ 37,745 $ 195,635 $ - $ 428,648 $ 428,582 Total: Accrual Status: Performing $ 82,968 $ 49,479 $ 31,405 $ 31,144 $ 37,268 $ 189,825 $ - $ 422,089 $ 422,170 Non-Performing - - - 272 477 6,552 - 7,301 7,152 Total residential mortgage loans in Florida region $ 82,968 $ 49,479 $ 31,405 $ 31,416 $ 37,745 $ 196,377 $ - $ 429,390 $ 429,322 (1) Excludes accrued interest receivable. As of December 31, 2022 As of December 31, 2021 Term Loans Amortized Cost Basis by Origination Year (1) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Total (In thousands) Total: FHA/VA government-guaranteed loans Accrual Status: Performing $ 700 $ 693 $ 802 $ 1,407 $ 3,784 $ 110,772 $ - $ 118,158 $ 125,392 Non-Performing - - - - - - - - - Total FHA/VA government-guaranteed loans $ 700 $ 693 $ 802 $ 1,407 $ 3,784 $ 110,772 $ - $ 118,158 $ 125,392 Conventional residential mortgage loans: Accrual Status: Performing $ 255,596 $ 124,876 $ 63,290 $ 79,055 $ 109,553 $ 2,053,990 $ - $ 2,686,360 $ 2,798,376 Non-Performing - 35 - 491 756 41,490 - 42,772 55,127 Total conventional residential mortgage loans $ 255,596 $ 124,911 $ 63,290 $ 79,546 $ 110,309 $ 2,095,480 $ - $ 2,729,132 $ 2,853,503 Total: Accrual Status: Performing $ 256,296 $ 125,569 $ 64,092 $ 80,462 $ 113,337 $ 2,164,762 $ - $ 2,804,518 $ 2,923,768 Non-Performing - 35 - 491 756 41,490 - 42,772 55,127 Total residential mortgage loans $ 256,296 $ 125,604 $ 64,092 $ 80,953 $ 114,093 $ 2,206,252 $ - $ 2,847,290 $ 2,978,895 (1) Excludes accrued interest receivable. The following tables present the amortized cost of consumer loans by portfolio classes and by origination year based on accrual status as of December 31, 2022, and the amortized cost of consumer loans by portfolio classes based on accrual status as of December 31, 2021: As of December 31, 2022 As of December 31, 2021 Term Loans Amortized Cost Basis by Origination Year (1) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Total (In thousands) Puerto Rico and Virgin Islands Regions: Auto loans: Accrual Status: Performing $ 674,145 $ 510,950 $ 254,196 $ 206,345 $ 99,008 $ 39,138 $ - $ 1,783,782 $ 1,556,097 Non-Performing 1,666 2,140 1,596 2,508 1,385 1,301 - 10,596 6,684 Total auto loans $ 675,811 $ 513,090 $ 255,792 $ 208,853 $ 100,393 $ 40,439 $ - $ 1,794,378 $ 1,562,781 Finance leases: Accrual Status: Performing $ 292,995 $ 192,435 $ 88,196 $ 81,186 $ 48,332 $ 13,441 $ - $ 716,585 $ 574,139 Non-Performing 176 253 305 219 384 308 - 1,645 866 Total finance leases $ 293,171 $ 192,688 $ 88,501 $ 81,405 $ 48,716 $ 13,749 $ - $ 718,230 $ 575,005 Personal loans: Accrual Status: Performing $ 175,875 $ 55,993 $ 29,320 $ 53,911 $ 22,838 $ 13,727 $ - $ 351,664 $ 314,867 Non-Performing 348 249 135 289 112 115 - 1,248 1,208 Total personal loans $ 176,223 $ 56,242 $ 29,455 $ 54,200 $ 22,950 $ 13,842 $ - $ 352,912 $ 316,075 Credit cards: Accrual Status: Performing $ - $ - $ - $ - $ - $ - $ 311,731 $ 311,731 $ 290,226 Non-Performing - - - - - - - - - Total credit cards $ - $ - $ - $ - $ - $ - $ 311,731 $ 311,731 $ 290,226 Other consumer loans: Accrual Status: Performing $ 79,630 $ 21,488 $ 9,345 $ 11,941 $ 4,030 $ 3,761 $ 8,921 $ 139,116 $ 126,734 Non-Performing 409 201 61 119 20 241 71 1,122 1,563 Total other consumer loans $ 80,039 $ 21,689 $ 9,406 $ 12,060 $ 4,050 $ 4,002 $ 8,992 $ 140,238 $ 128,297 Total: Performing $ 1,222,645 $ 780,866 $ 381,057 $ 353,383 $ 174,208 $ 70,067 $ 320,652 $ 3,302,878 $ 2,862,063 Non-Performing 2,599 2,843 2,097 3,135 1,901 1,965 71 14,611 10,321 Total consumer loans in Puerto Rico and Virgin Islands region $ 1,225,244 $ 783,709 $ 383,154 $ 356,518 $ 176,109 $ 72,032 $ 320,723 $ 3,317,489 $ 2,872,384 (1) Excludes accrued interest receivable. As of December 31, 2022 As of December 31, 2021 Term Loans Amortized Cost Basis by Origination Year (1) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Total (In thousands) Florida Region: Auto loans: Accrual Status: Performing $ - $ - $ - $ 305 $ 2,333 $ 979 $ - $ 3,617 $ 8,759 Non-Performing - - - - 36 40 - 76 - Total auto loans $ - $ - $ - $ 305 $ 2,369 $ 1,019 $ - $ 3,693 $ 8,759 Finance leases: Accrual Status: Performing $ - $ - $ - $ - $ - $ - $ - $ - $ - Non-Performing - - - - - - - - - Total finance leases $ - $ - $ - $ - $ - $ - $ - $ - $ - Personal loans: Accrual Status: Performing $ 254 $ 71 $ 9 $ - $ - $ - $ - $ 334 $ 107 Non-Performing - - - - - - - - - Total personal loans $ 254 $ 71 $ 9 $ - $ - $ - $ - $ 334 $ 107 Credit cards: Accrual Status: Performing $ - $ - $ - $ - $ - $ - $ - $ - $ - Non-Performing - - - - - - - - - Total credit cards $ - $ - $ - $ - $ - $ - $ - $ - $ - Other consumer loans: Accrual Status: Performing $ 49 $ 231 $ 464 $ - $ 39 $ 2,588 $ 2,462 $ 5,833 $ 6,661 Non-Performing - - - - - 21 98 119 133 Total other consumer loans $ 49 $ 231 $ 464 $ - $ 39 $ 2,609 $ 2,560 $ 5,952 $ 6,794 Total: Performing $ 303 $ 302 $ 473 $ 305 $ 2,372 $ 3,567 $ 2,462 $ 9,784 $ 15,527 Non-Performing - - - - 36 61 98 195 133 Total consumer loans in Florida region $ 303 $ 302 $ 473 $ 305 $ 2,408 $ 3,628 $ 2,560 $ 9,979 $ 15,660 (1) Excludes accrued interest receivable. As of December 31, 2022 As of December 31, 2021 Term Loans Amortized Cost Basis by Origination Year (1) 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Total (In thousands) Total: Auto loans: Accrual Status: Performing $ 674,145 $ 510,950 $ 254,196 $ 206,650 $ 101,341 $ 40,117 $ - $ 1,787,399 $ 1,564,856 Non-Performing 1,666 2,140 1,596 2,508 1,421 1,341 - 10,672 6,684 Total auto loans $ 675,811 $ 513,090 $ 255,792 $ 209,158 $ 102,762 $ 41,458 $ - $ 1,798,071 $ 1,571,540 Finance leases: Accrual Status: Performing $ 292,995 $ 192,435 $ 88,196 $ 81,186 $ 48,332 $ 13,441 $ - $ 716,585 $ 574,139 Non-Performing 176 253 305 219 384 308 - 1,645 866 Total finance leases $ 293,171 $ 192,688 $ 88,501 $ 81,405 $ 48,716 $ 13,749 $ - $ 718,230 $ 575,005 Personal loans: Accrual Status: Performing $ 176,129 $ 56,064 $ 29,329 $ 53,911 $ 22,838 $ 13,727 $ - $ 351,998 $ 314,974 Non-Performing 348 249 135 289 112 115 - 1,248 1,208 Total personal loans $ 176,477 $ 56,313 $ 29,464 $ 54,200 $ 22,950 $ 13,842 $ - $ 353,246 $ 316,182 Credit cards: Accrual Status: Performing $ - $ - $ - $ - $ - $ - $ 311,731 $ 311,731 $ 290,226 Non-Performing - - - - - - - - - Total credit cards $ - $ - $ - $ - $ - $ - $ 311,731 $ 311,731 $ 290,226 Other consumer loans: Accrual Status: Performing $ 79,679 $ 21,719 $ 9,809 $ 11,941 $ 4,069 $ 6,349 $ 11,383 $ 144,949 $ 133,395 Non-Performing 409 201 61 119 20 262 169 1,241 1,696 Total other consumer loans $ 80,088 $ 21,920 $ 9,870 $ 12,060 $ 4,089 $ 6,611 $ 11,552 $ 146,190 $ 135,091 Total: Performing $ 1,222,948 $ 781,168 $ 381,530 $ 353,688 $ 176,580 $ 73,634 $ 323,114 $ 3,312,662 $ 2,877,590 Non-Performing 2,599 2,843 2,097 3,135 1,937 2,026 169 14,806 10,454 Total consumer loans $ 1,225,547 $ 784,011 $ 383,627 $ 356,823 $ 178,517 $ 75,660 $ 323,283 $ 3,327,468 $ 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] | As of December 31, 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: Conventional residential mortgage loans $ 36,206 $ 2,571 $ - $ 36,206 $ 2,571 Commercial loans: Construction loans - - 956 956 - Commercial mortgage loans 2,466 897 62,453 64,919 897 C&I loans 1,513 322 17,590 19,103 322 Consumer loans: Personal loans 56 1 64 120 1 Other consumer loans 207 29 - 207 29 $ 40,448 $ 3,820 $ 81,063 $ 121,511 $ 3,820 As of 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: 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: Personal loans 78 1 - 78 1 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] | Year Ended December 31, 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) Conventional residential mortgage loans $ 433 $ 1,551 $ 242 $ - $ 4,874 $ 7,100 Construction loans - - - - - - Commercial mortgage loans - 245 5,178 - 467 5,890 C&I loans 2,402 - 618 825 1,083 4,928 Consumer loans: Auto loans 2,877 232 345 - - 3,454 Finance leases - 573 - - 18 591 Personal loans 99 171 105 - 19 394 Credit cards (2) - - - - 816 816 Other consumer loans 112 272 16 43 - 443 Total TDRs $ 5,923 $ 3,044 $ 6,504 $ 868 $ 7,277 $ 23,616 (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. (2) Concession consists of reduction in interest rate and revocation of revolving line privileges. Year Ended December 31, 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) Conventional residential mortgage loans $ 365 $ 859 $ 2,647 $ - $ 3,723 $ 7,594 Construction loans - - - - - - Commercial mortgage loans - - 10,586 - 637 11,223 C&I loans - 300 9,100 - 508 9,908 Consumer loans: Auto loans 1,888 433 277 - - 2,598 Finance leases - 645 26 - 26 697 Personal loans 13 60 387 - 44 504 Credit cards (2) - - - - 1,426 1,426 Other consumer loans 110 79 - 77 - 266 Total TDRs $ 2,376 $ 2,376 $ 23,023 $ 77 $ 6,364 $ 34,216 (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. (2) Concession consists of reduction in interest rate and revocation of revolving line privileges. Year Ended December 31, 2020 Interest rate below market Maturity or term extension Combination of reduction in interest rate and extension of maturity Forgiveness of principal and/or interest Forbearance Agreement Other (1) Total (In thousands) Conventional residential mortgage loans $ 18 $ 545 $ 2,044 $ - $ - $ 5,700 $ 8,307 Construction loans - - - - - - - Commercial mortgage loans - - 271 - - 553 824 C&I loans 31 - 4,107 - 18,386 - 22,524 Consumer loans: Auto loans 1,902 413 275 - - 33 2,623 Finance leases - 408 - - - - 408 Personal loans 38 74 145 - - 48 305 Credit cards (2) - - - - - 783 783 Other consumer loans 219 83 24 219 - - 545 Total TDRs $ 2,208 $ 1,523 $ 6,866 $ 219 $ 18,386 $ 7,117 $ 36,319 (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. (2) Concession consists of reduction in interest rate and revocation of revolving line privileges. Year Ended December 31, 2022 2021 2020 Number of contracts Pre-modification Amortized Cost Post-modification Amortized Cost 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) Conventional residential mortgage loans 68 $ 7,165 $ 7,100 66 $ 7,687 $ 7,594 103 $ 9,027 $ 8,307 Construction loans - - - - - - - - - Commercial mortgage loans 3 5,897 5,890 7 11,285 11,223 5 824 824 C&I loans 17 5,156 4,928 6 10,031 9,908 14 22,544 22,524 Consumer loans: Auto loans 168 3,404 3,454 134 2,601 2,598 163 2,635 2,623 Finance leases 33 592 591 42 692 697 29 408 408 Personal loans 26 366 394 46 497 504 30 306 305 Credit Cards 170 815 816 246 1,426 1,426 159 783 783 Other consumer loans 115 434 443 65 266 266 145 613 545 Total TDRs 600 $ 23,829 $ 23,616 612 $ 34,485 $ 34,216 648 $ 37,140 $ 36,319 Year Ended December 31, 2022 2021 2020 Number of contracts Amortized Cost Number of contracts Amortized Cost Number of contracts Amortized Cost (Dollars in thousands) Conventional residential mortgage loans 2 $ 124 - $ - 4 $ 465 Construction loans - - - - - - Commercial mortgage loans - - - - - - C&I loans - - - - 3 124 Consumer loans: Auto loans 96 2,049 92 1,625 55 947 Finance leases 1 16 - - 1 5 Personal loans - - 1 1 1 7 Credit cards 28 156 24 126 23 93 Other consumer loans 8 30 11 45 58 209 Total 135 $ 2,375 128 $ 1,797 145 $ 1,850

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: |