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SEGMENT INFORMATION (Tables) | 3 Months Ended
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Mar. 31, 2024
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) Quarter ended March 31,2024: Interest income $ 31,443 $ 94,795 $ 72,112 $ 28,058 $ 34,765 $ 7,332 $ 268,505 Net (charge) credit for transfer of funds (15,620) 96,251 (57,184) (21,472) (1,975) - - Interest expense - (42,099) - (13,118) (14,542) (2,226) (71,985) Net interest income (loss) 15,823 148,947 14,928 (6,532) 18,248 5,106 196,520 Provision for credit losses - (benefit) expense (260) 15,418 (2,439) (69) 82 (565) 12,167 Non-interest income 3,019 23,406 4,501 83 901 2,073 33,983 Direct non-interest expenses 6,705 42,645 10,339 1,071 9,110 6,591 76,461 Segment income (loss) $ 12,397 $ 114,290 $ 11,529 $ (7,451) $ 9,957 $ 1,153 $ 141,875 Average earning assets $ 2,126,465 $ 3,472,998 $ 4,022,173 $ 5,900,314 $ 2,087,816 $ 413,219 $ 18,022,985 Mortgage Banking Consumer (Retail) Banking Commercial and Corporate Banking Treasury and Investments United States Operations Virgin Islands Operations Total (In thousands) 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 earning assets $ 2,171,061 $ 3,174,150 $ 3,713,633 $ 6,216,498 $ 2,067,848 $ 366,338 $ 17,709,528
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, 2024 2023 (In thousands) Net income: Total income for segments $ 141,875 $ 145,746 Other non-interest expenses (1) 44,462 43,113 Income before income taxes 97,413 102,633 Income tax expense 23,955 31,935 Total consolidated net income $ 73,458 $ 70,698 Average assets: Total average earning assets for segments $ 18,022,985 $ 17,709,528 Average non-earning assets 835,314 847,628 Total consolidated average assets $ 18,858,299 $ 18,557,156 (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 -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + 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 -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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