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SEGMENT INFORMATION (Tables) | 3 Months Ended
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Mar. 31, 2023
SEGMENT INFORMATION [Abstract] |
Schedule Of Segment Reporting Information By Segment [Text Block] | The following tables present information about the reportable segments for the indicated periods: Mortgage Banking Consumer (Retail) Banking Commercial and Corporate Banking Treasury and Investments United States Operations Virgin Islands Operations Total (In thousands) For the quarter ended March 31, 2023: Interest income $ 31,907 $ 83,174 $ 62,343 $ 27,466 $ 31,114 $ 6,392 $ 242,396 Net (charge) credit for transfer of funds (10,119) 77,735 (47,403) (19,539) (674) - - Interest expense - (23,165) - (8,585) (9,510) (251) (41,511) Net interest income (loss) 21,788 137,744 14,940 (658) 20,930 6,141 200,885 Provision for credit losses - (benefit) expense (506) 15,224 (2,536) (9) 4,655 (1,326) 15,502 Non-interest income 3,074 22,034 4,175 160 847 2,228 32,518 Direct non-interest expenses 5,087 41,627 9,365 947 8,304 6,825 72,155 Segment income (loss) $ 20,281 $ 102,927 $ 12,286 $ (1,436) $ 8,818 $ 2,870 $ 145,746 Average earnings assets $ 2,171,061 $ 3,174,150 $ 3,713,633 $ 6,216,498 $ 2,067,848 $ 366,338 $ 17,709,528 Mortgage Banking Consumer (Retail) Banking Commercial and Corporate Banking Treasury and Investments United States Operations Virgin Islands Operations Total (In thousands) For the quarter ended March 31, 2022: Interest income $ 33,071 $ 70,437 $ 47,027 $ 22,184 $ 18,857 $ 6,278 $ 197,854 Net (charge) credit for transfer of funds (7,292) 24,282 (6,612) (9,949) (429) - - Interest expense - (5,173) - (4,826) (1,946) (285) (12,230) Net interest income 25,779 89,546 40,415 7,409 16,482 5,993 185,624 Provision for credit losses - (benefit) expense (3,703) 11,144 (16,622) (388) (3,547) (686) (13,802) Non-interest income (loss) 5,252 20,463 4,554 (112) 744 1,957 32,858 Direct non-interest expenses 6,906 39,271 8,859 885 8,479 6,973 71,373 Segment income $ 27,828 $ 59,594 $ 52,732 $ 6,800 $ 12,294 $ 1,663 $ 160,911 Average earnings assets $ 2,293,648 $ 2,759,482 $ 3,664,104 $ 8,145,949 $ 2,065,638 $ 378,169 $ 19,306,990
Reconciliation of the Reportable Segment Financial Information [Table Text Block] | The following table presents a reconciliation of the reportable segment financial information to the consolidated totals for the indicated periods: Quarter Ended March 31, 2023 2022 (In thousands) Net income: Total income for segments $ 145,746 $ 160,911 Other operating expenses (1) 43,113 35,286 Income before income taxes 102,633 125,625 Income tax expense 31,935 43,025 Total consolidated net income $ 70,698 $ 82,600 Average assets: Total average earning assets for segments $ 17,709,528 $ 19,306,990 Average non-earning assets 847,628 947,011 Total consolidated average assets $ 18,557,156 $ 20,254,001 (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 reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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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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