DEPOSITS AND RELATED INTEREST	12 Months Ended
DEPOSITS AND RELATED INTEREST	Dec. 31, 2022
DEPOSITS AND RELATED INTEREST [Abstract]
DEPOSITS AND RELATED INTEREST [Text Block]	NOTE 11 – DEPOSITS AND RELATED INTEREST The following table summarizes deposit balances as of the indicated dates: December 31, 2022 2021 (In thousands) Type of account and interest rate: Non-interest-bearing deposit accounts $ 6,112,884 $ 7,027,513 Interest-bearing saving accounts 3,902,888 4,729,387 Interest-bearing checking accounts 3,770,993 3,492,645 Certificates of deposit ("CDs") 2,250,876 2,434,932 Brokered CDs 105,826 100,417 Total $ 16,143,467 $ 17,784,894 The weighted-average interest rate on total interest-bearing deposits as of December 31, 2022 and 2021 was 1.03 % and 0.31 %, respectively. As of December 31, 2022, the aggregate amount of unplanned overdrafts of demand deposits that were reclassified as loans amounted to $ 1.7 million (2021 - $ 1.6 million). Pre-arranged overdrafts lines of credit, also reported as loans, amounted to $ 24.5 million as of December 31, 2022 (2021 - $ 24.2 million). The following table presents the contractual maturities of CDs, including brokered CDs, as of December 31, 2022: Total (In thousands) Three months or less $ 640,532 Over three months to six months 288,407 Over six months to one year 593,915 Over one year to two years 517,970 Over two years to three years 178,158 Over three years to four years 38,952 Over four years to five years 92,103 Over five years 6,665 Total $ 2,356,702 Total U.S. time deposits with balances of more than $250,000 amounted to $ 1.0 billion for each of the years ended December 31, 2022 and 2021. This amount does not include brokered CDs that are generally participated out by brokers in shares of less than the FDIC insurance limit. As of December 31, 2022, unamortized broker placement fees amounted to $ 0.3 million (2021 - $ 0.2 million), which are amortized over the contractual maturity of the brokered CDs under the interest method. Brokered CDs mature as follows: December 31, 2022 (In thousands) Three months or less $ 42,681 Over six months to one year 12,986 Over one year to three years 35,440 Over three years to five years 14,719 Total $ 105,826 As of December 31, 2022, deposit accounts issued to government agencies amounted to $ 2.8 billion (2021 - $ 3.3 billion). These deposits are insured by the FDIC up to the applicable limits. The uninsured portions were collateralized by securities and loans with an amortized cost of $ 3.1 billion (2021 - $ 3.4 billion) and an estimated market value of $ 2.7 billion (2021 - $ 3.3 billion). In addition to securities and loans, as of December 31, 2022, the Corporation used $ 200.0 million in letters of credit issued by the FHLB as pledges for public deposits in the Virgin Islands. As of December 31, 2022, the Corporation had $ 2.3 billion of government deposits in Puerto Rico (2021 - $ 2.7 billion), $ 442.8 million in the Virgin Islands (2021 - $ 568.4 million) and $ 11.6 million in Florida (2021 - $ 9.6 million). A table showing interest expense on deposits for the indicated periods follows: Year Ended December 31, 2022 2021 2020 (In thousands) Interest-bearing checking accounts $ 15,568 $ 5,776 $ 5,933 Savings 11,191 6,586 11,116 CDs 18,102 26,138 43,350 Brokered CDs 1,500 2,982 7,989 Total $ 46,361 $ 41,482 $ 68,388 The total interest expense on deposits included the amortization of broker placement fees related to brokered CDs amounting to $ 0.1 million, $ 0.2 million, and $ 0.5 million for 2022, 2021 and 2020, respectively. Total interest expense also included $ 0.5 million, $ 1.3 million and $ 1.0 million for 2022, 2021, and 2020, respectively, for the accretion of premiums related to time deposits assumed in the BSPR acquisition.