XML 63 R52.htm IDEA: XBRL DOCUMENT v3.24.3
DEBT SECURITIES - Investment Securities Available for Sale (Detail) - USD ($)
$ in Thousands
Sep. 30, 2024
Jun. 30, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Dec. 31, 2022
Schedule Of Available For Sale Securities [Line Items]            
Amortized cost $ 5,372,557   $ 5,863,294      
Gross Unrealized Gains 1,194   250      
Gross Unrealized Losses 478,444   633,049      
Allowance for Credit Losses 526 $ 549 511 $ 465 $ 433 $ 458
Fair value $ 4,894,781   $ 5,229,984      
Weighted-average yield 1.26%   1.24%      
Interest receivable $ 67,112   $ 77,716      
Available-for-sale Securities [Member]            
Schedule Of Available For Sale Securities [Line Items]            
Interest receivable 9,500   10,600      
Federal Home Loan Bank Borrowings [Member] | Asset Pledged as Collateral [Member]            
Schedule Of Available For Sale Securities [Line Items]            
Amortized cost 532,200   527,200      
Fair value 475,100   477,900      
U.S. Treasury securities [Member]            
Schedule Of Available For Sale Securities [Line Items]            
Amortized cost Due within one year 100,140   80,314      
Gross Unrealized Gains Due within one year 0   0      
Gross Unrealized Losses Due within one year 1,528   2,144      
Allowance for Credit Losses within one year 0   0      
Fair value Due within one year $ 98,612   $ 78,170      
Weighted-average yield Due within one year 0.74%   0.66%      
Amortized cost After 1 to 5 years     $ 60,239      
Gross Unrealized Gains After 1 to 5 years     0      
Gross Unrealized Losses After 1 to 5 years     3,016      
Allowance for Credit Losses After 1 to 5 years     0      
Fair value After 1 to 5 years     $ 57,223      
Weighted-average yield After 1 to 5 years     0.75%      
U.S. GSE's obligations [Member]            
Schedule Of Available For Sale Securities [Line Items]            
Amortized cost Due within one year $ 954,478   $ 542,847      
Gross Unrealized Gains Due within one year 0   0      
Gross Unrealized Losses Due within one year 15,323   15,832      
Allowance for Credit Losses within one year 0   0      
Fair value Due within one year $ 939,155   $ 527,015      
Weighted-average yield Due within one year 0.83%   0.77%      
Amortized cost After 1 to 5 years $ 1,281,265   $ 1,899,620      
Gross Unrealized Gains After 1 to 5 years 51   49      
Gross Unrealized Losses After 1 to 5 years 65,467   135,347      
Allowance for Credit Losses After 1 to 5 years 0   0      
Fair value After 1 to 5 years $ 1,215,849   $ 1,764,322      
Weighted-average yield After 1 to 5 years 0.85%   0.86%      
Amortized cost After 5 to 10 years     $ 8,850      
Gross Unrealized Gains After 5 to 10 years     0      
Gross Unrealized Losses After 5 to 10 years     687      
Allowance for Credit Losses After 5 to 10 years     0      
Fair value After 5 to 10 years     $ 8,163      
Weighted-average yield After 5 to 10 years     2.64%      
Amortized cost After 10 years $ 8,155   $ 8,891      
Gross Unrealized Gains After 10 years 10   8      
Gross Unrealized Losses After 10 years 4   2      
Allowance for Credit Losses After 10 years 0   0      
Fair value After 10 years $ 8,161   $ 8,897      
Weighted-average yield After 10 years 5.21%   5.49%      
Puerto Rico government obligations [Member]            
Schedule Of Available For Sale Securities [Line Items]            
Amortized cost After 10 years $ 3,008   $ 3,156      
Gross Unrealized Gains After 10 years 0   0      
Gross Unrealized Losses After 10 years 1,091   1,346      
Allowance for Credit Losses After 10 years 350   395      
Fair value After 10 years $ 1,567   $ 1,415      
Weighted-average yield After 10 years 0.00%   0.00%      
Allowance for Credit Losses $ 350 $ 386 $ 395 $ 382 $ 350 $ 375
United States And Puerto Rico Government Obligations [Member]            
Schedule Of Available For Sale Securities [Line Items]            
Amortized cost 2,347,046   2,603,917      
Gross Unrealized Gains 61   57      
Gross Unrealized Losses 83,413   158,374      
Allowance for Credit Losses 350   395      
Fair value $ 2,263,344   $ 2,445,205      
Weighted-average yield 0.85%   0.85%      
Residential MBS [Member]            
Schedule Of Available For Sale Securities [Line Items]            
Amortized cost $ 2,797,530   $ 3,069,139      
Gross Unrealized Gains 632   193      
Gross Unrealized Losses 359,454   436,055      
Allowance for Credit Losses 176   116      
Fair value $ 2,438,532   $ 2,633,161      
Weighted-average yield 1.54%   1.55%      
Residential MBS [Member] | Freddie Mac (FHLMC) certificates [Member]            
Schedule Of Available For Sale Securities [Line Items]            
Amortized cost Due within one year $ 2          
Gross Unrealized Gains Due within one year 0          
Gross Unrealized Losses Due within one year 0          
Allowance for Credit Losses within one year 0          
Fair value Due within one year $ 2          
Weighted-average yield Due within one year 4.04%          
Amortized cost After 1 to 5 years $ 14,626   $ 19,561      
Gross Unrealized Gains After 1 to 5 years 0   0      
Gross Unrealized Losses After 1 to 5 years 435   868      
Allowance for Credit Losses After 1 to 5 years 0   0      
Fair value After 1 to 5 years $ 14,191   $ 18,693      
Weighted-average yield After 1 to 5 years 2.06%   2.06%      
Amortized cost After 5 to 10 years $ 131,333   $ 153,308      
Gross Unrealized Gains After 5 to 10 years 0   0      
Gross Unrealized Losses After 5 to 10 years 8,652   12,721      
Allowance for Credit Losses After 5 to 10 years 0   0      
Fair value After 5 to 10 years $ 122,681   $ 140,587      
Weighted-average yield After 5 to 10 years 1.54%   1.55%      
Amortized cost After 10 years $ 922,868   $ 991,060      
Gross Unrealized Gains After 10 years 34   15      
Gross Unrealized Losses After 10 years 135,996   161,197      
Allowance for Credit Losses After 10 years 0   0      
Fair value After 10 years $ 786,906   $ 829,878      
Weighted-average yield After 10 years 1.40%   1.41%      
Amortized cost $ 1,068,829   $ 1,163,929      
Gross Unrealized Gains 34   15      
Gross Unrealized Losses 145,083   174,786      
Allowance for Credit Losses 0   0      
Fair value $ 923,780   $ 989,158      
Weighted-average yield 1.43%   1.44%      
Residential MBS [Member] | Ginnie Mae (GNMA) certificates [Member]            
Schedule Of Available For Sale Securities [Line Items]            
Amortized cost Due within one year $ 1,493   $ 254      
Gross Unrealized Gains Due within one year 0   0      
Gross Unrealized Losses Due within one year 13   3      
Allowance for Credit Losses within one year 0   0      
Fair value Due within one year $ 1,480   $ 251      
Weighted-average yield Due within one year 2.77%   3.27%      
Amortized cost After 1 to 5 years $ 9,137   $ 16,882      
Gross Unrealized Gains After 1 to 5 years 0   0      
Gross Unrealized Losses After 1 to 5 years 396   872      
Allowance for Credit Losses After 1 to 5 years 0   0      
Fair value After 1 to 5 years $ 8,741   $ 16,010      
Weighted-average yield After 1 to 5 years 0.70%   1.19%      
Amortized cost After 5 to 10 years $ 60,779   $ 27,916      
Gross Unrealized Gains After 5 to 10 years 7   8      
Gross Unrealized Losses After 5 to 10 years 3,846   2,247      
Allowance for Credit Losses After 5 to 10 years 0   0      
Fair value After 5 to 10 years $ 56,940   $ 25,677      
Weighted-average yield After 5 to 10 years 1.91%   1.62%      
Amortized cost After 10 years $ 155,215   $ 206,254      
Gross Unrealized Gains After 10 years 428   87      
Gross Unrealized Losses After 10 years 17,212   22,786      
Allowance for Credit Losses After 10 years 0   0      
Fair value After 10 years $ 138,431   $ 183,555      
Weighted-average yield After 10 years 2.75%   2.57%      
Amortized cost $ 226,624   $ 251,306      
Gross Unrealized Gains 435   95      
Gross Unrealized Losses 21,467   25,908      
Allowance for Credit Losses 0   0      
Fair value $ 205,592   $ 225,493      
Weighted-average yield 2.44%   2.38%      
Residential MBS [Member] | Fannie Mae (FNMA) certificates [Member]            
Schedule Of Available For Sale Securities [Line Items]            
Amortized cost After 1 to 5 years $ 24,395   $ 32,489      
Gross Unrealized Gains After 1 to 5 years 0   0      
Gross Unrealized Losses After 1 to 5 years 698   1,423      
Allowance for Credit Losses After 1 to 5 years 0   0      
Fair value After 1 to 5 years $ 23,697   $ 31,066      
Weighted-average yield After 1 to 5 years 2.12%   2.11%      
Amortized cost After 5 to 10 years $ 258,732   $ 293,492      
Gross Unrealized Gains After 5 to 10 years 0   0      
Gross Unrealized Losses After 5 to 10 years 15,835   23,146      
Allowance for Credit Losses After 5 to 10 years 0   0      
Fair value After 5 to 10 years $ 242,897   $ 270,346      
Weighted-average yield After 5 to 10 years 1.74%   1.70%      
Amortized cost After 10 years $ 961,208   $ 1,047,298      
Gross Unrealized Gains After 10 years 160   83      
Gross Unrealized Losses After 10 years 128,052   156,344      
Allowance for Credit Losses After 10 years 0   0      
Fair value After 10 years $ 833,316   $ 891,037      
Weighted-average yield After 10 years 1.35%   1.37%      
Amortized cost $ 1,244,335   $ 1,373,279      
Gross Unrealized Gains 160   83      
Gross Unrealized Losses 144,585   180,913      
Allowance for Credit Losses 0   0      
Fair value $ 1,099,910   $ 1,192,449      
Weighted-average yield 1.45%   1.46%      
Residential MBS [Member] | Collateralized mortgage obligations ("CMOs") issued or guaranteed by FHLMC, FNMA and GNMA [Member]            
Schedule Of Available For Sale Securities [Line Items]            
Amortized cost After 10 years $ 251,397   $ 273,539      
Gross Unrealized Gains After 10 years 3   0      
Gross Unrealized Losses After 10 years 46,471   52,263      
Allowance for Credit Losses After 10 years 0   0      
Fair value After 10 years $ 204,929   $ 221,276      
Weighted-average yield After 10 years 1.49%   1.54%      
Residential MBS [Member] | Private label [Member]            
Schedule Of Available For Sale Securities [Line Items]            
Amortized cost After 5 to 10 years $ 2,528          
Gross Unrealized Gains After 5 to 10 years 0          
Gross Unrealized Losses After 5 to 10 years 727          
Allowance for Credit Losses After 5 to 10 years 7          
Fair value After 5 to 10 years $ 1,794          
Weighted-average yield After 5 to 10 years 7.39%          
Amortized cost After 10 years $ 3,817   $ 7,086      
Gross Unrealized Gains After 10 years 0   0      
Gross Unrealized Losses After 10 years 1,121   2,185      
Allowance for Credit Losses After 10 years 169   116      
Fair value After 10 years $ 2,527   $ 4,785      
Weighted-average yield After 10 years 6.60%   7.66%      
Amortized cost $ 6,345          
Gross Unrealized Gains 0          
Gross Unrealized Losses 1,848          
Allowance for Credit Losses 176   $ 100      
Fair value $ 4,321          
Weighted-average yield 6.92%          
Commercial Mortgage Backed Securities [Member]            
Schedule Of Available For Sale Securities [Line Items]            
Amortized cost After 1 to 5 years $ 34,010   45,022      
Gross Unrealized Gains After 1 to 5 years 9   0      
Gross Unrealized Losses After 1 to 5 years 1,879   6,898      
Allowance for Credit Losses After 1 to 5 years 0   0      
Fair value After 1 to 5 years $ 32,140   $ 38,124      
Weighted-average yield After 1 to 5 years 2.69%   2.17%      
Amortized cost After 5 to 10 years $ 13,241   $ 22,386      
Gross Unrealized Gains After 5 to 10 years 0   0      
Gross Unrealized Losses After 5 to 10 years 1,464   2,685      
Allowance for Credit Losses After 5 to 10 years 0   0      
Fair value After 5 to 10 years $ 11,777   $ 19,701      
Weighted-average yield After 5 to 10 years 2.02%   2.16%      
Amortized cost After 10 years $ 179,730   $ 122,830      
Gross Unrealized Gains After 10 years 492   0      
Gross Unrealized Losses After 10 years 32,234   29,037      
Allowance for Credit Losses After 10 years 0   0      
Fair value After 10 years $ 147,988   $ 93,793      
Weighted-average yield After 10 years 2.06%   1.36%      
Amortized cost $ 226,981   $ 190,238      
Gross Unrealized Gains 501   0      
Gross Unrealized Losses 35,577   38,620      
Allowance for Credit Losses 0   0      
Fair value $ 191,905   $ 151,618      
Weighted-average yield 2.15%   1.64%      
Mortgage Backed Securities [Member]            
Schedule Of Available For Sale Securities [Line Items]            
Amortized cost $ 3,024,511   $ 3,259,377      
Gross Unrealized Gains 1,133   193      
Gross Unrealized Losses 395,031   474,675      
Allowance for Credit Losses 176   116      
Fair value $ 2,630,437   $ 2,784,779      
Weighted-average yield 1.58%   1.55%      
Other Debt Obligations [Member]            
Schedule Of Available For Sale Securities [Line Items]            
Amortized cost Due within one year $ 500          
Gross Unrealized Gains Due within one year 0          
Gross Unrealized Losses Due within one year 0          
Allowance for Credit Losses within one year 0          
Fair value Due within one year $ 500          
Weighted-average yield Due within one year 2.34%          
Amortized cost After 1 to 5 years $ 500          
Gross Unrealized Gains After 1 to 5 years 0          
Gross Unrealized Losses After 1 to 5 years 0          
Allowance for Credit Losses After 1 to 5 years 0          
Fair value After 1 to 5 years $ 500          
Weighted-average yield After 1 to 5 years 2.34%          
Amortized cost $ 1,000          
Gross Unrealized Gains 0          
Gross Unrealized Losses 0          
Allowance for Credit Losses 0          
Fair value $ 1,000          
Weighted-average yield 2.34%          
Uninsured Portion Of Government Deposits [Member] | Asset Pledged as Collateral [Member]            
Schedule Of Available For Sale Securities [Line Items]            
Amortized cost $ 3,000,000   $ 3,200,000      
Fair value $ 2,700,000   $ 2,800,000