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REGULATORY MATTERS, COMMITMENTS, AND CONTINGENCIES (Tables) | 3 Months Ended
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Mar. 31, 2023
REGULATORY MATTERS, COMMITMENTS, AND CONTINGENCIES [Abstract] |
Corporations and its banking subsidiary's regulatory capital positions [Table Text Block] | Regulatory Requirements Actual For Capital Adequacy Purposes To be Well -Capitalized Thresholds Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) As of March 31, 2023 Total Capital (to Risk-Weighted Assets) First BanCorp. $ 2,366,591 19.02 % $ 995,597 8.0 % N/A N/A % FirstBank $ 2,327,600 18.71 % $ 995,452 8.0 % $ 1,244,315 10.0 % CET1 Capital (to Risk-Weighted Assets) First BanCorp. $ 2,032,369 16.33 % $ 560,023 4.5 % N/A N/A % FirstBank $ 2,071,650 16.65 % $ 559,942 4.5 % $ 808,805 6.5 % Tier I Capital (to Risk-Weighted Assets) First BanCorp. $ 2,032,369 16.33 % $ 746,697 6.0 % N/A N/A % FirstBank $ 2,171,650 17.45 % $ 746,589 6.0 % $ 995,452 8.0 % Leverage ratio First BanCorp. $ 2,032,369 10.57 % $ 769,399 4.0 % N/A N/A % FirstBank $ 2,171,650 11.29 % $ 769,102 4.0 % $ 961,378 5.0 % As of December 31, 2022 Total Capital (to Risk-Weighted Assets) First BanCorp. $ 2,385,866 19.21 % $ 993,405 8.0 % N/A N/A % FirstBank $ 2,346,093 18.90 % $ 993,264 8.0 % $ 1,241,580 10.0 % CET1 Capital (to Risk-Weighted Assets) First BanCorp. $ 2,052,333 16.53 % $ 558,790 4.5 % N/A N/A % FirstBank $ 2,090,832 16.84 % $ 558,711 4.5 % $ 807,027 6.5 % Tier I Capital (to Risk-Weighted Assets) First BanCorp. $ 2,052,333 16.53 % $ 745,054 6.0 % N/A N/A % FirstBank $ 2,190,832 17.65 % $ 744,948 6.0 % $ 993,264 8.0 % Leverage ratio First BanCorp. $ 2,052,333 10.70 % $ 767,075 4.0 % N/A N/A % FirstBank $ 2,190,832 11.43 % $ 766,714 4.0 % $ 958,392 5.0 %

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- Definition Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1B -URI https://asc.fasb.org/extlink&oid=117337116&loc=SL5958570-112826 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -Subparagraph (c)(1) -URI https://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 + Details
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