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Loans Receivable | 9 Months Ended
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Sep. 30, 2014
Loans Receivable [Abstract] |
LOANS RECEIVABLE | NOTE 4 - LOANS The Company's loan portfolio is composed of covered l oans and non-covered loans. Covered loans are subject to loss sharing agreements with the FDIC and non-covered loans are not subject to FDIC loss sharing agreements. The risks of covered loans are different from th e risks of non-covered loans because of the loss protection provided by the FDIC to covered loans. L oans acquired in the BBVAPR Acquisition are included as no n-covered loans in the unaudited consolidated statements of financial condition. Non-covered loans are further subdivide d between originated and other loans, acquired loans accounted for under ASC 310-20 (loans with revolving feature and/or acquired at a premium), and acquired loans accounted for under ASC 310-30 (loans acquired with deteriorated credit quality, including those by analogy). The composition of the Company's loan portfolio at September 30, 2014 and December 31, 201 3 was as follows:
| September 30, |  | December 31,
| 2014 |  | 2013
| (In thousands)
Non-covered loans: |  |  |  |  |
Originated and other loans and leases held for investment: |  |  |  |  |
Mortgage | $ | 791,106 |  | $ | 766,265
Commercial |  | 1,217,235 |  |  | 1,127,657
Consumer |  | 175,882 |  |  | 127,744
Auto and leasing |  | 542,892 |  |  | 379,874
|  | 2,727,115 |  |  | 2,401,540
Acquired loans: |  |  |  |  |
Accounted for under ASC 310-20 (Loans with revolving feature and/or |  |  |  |  |
acquired at a premium) |  |  |  |  |
Commercial |  | 26,984 |  |  | 77,681
Consumer |  | 47,284 |  |  | 56,174
Auto |  | 210,808 |  |  | 301,584
|  | 285,076 |  |  | 435,439
Accounted for under ASC 310-30 (Loans acquired with deteriorated |  |  |  |  |
credit quality, including those by analogy) |  |  |  |  |
Mortgage |  | 670,188 |  |  | 717,904
Commercial |  | 485,444 |  |  | 545,117
Construction |  | 108,694 |  |  | 126,427
Consumer |  | 36,470 |  |  | 63,620
Auto |  | 276,749 |  |  | 379,145
|  | 1,577,545 |  |  | 1,832,213
|  | 4,589,736 |  |  | 4,669,192
Deferred loan cost , net |  | 3,575 |  |  | 1,035
Loans receivable |  | 4,593,311 |  |  | 4,670,227
Allowance for loan and lease losses on non-covered loans |  | (64,859) |  |  | (54,298)
Loans receivable, net |  | 4,528,452 |  |  | 4,615,929
Mortgage loans held-for-sale |  | 16,757 |  |  | 46,529
Total non-covered loans, net |  | 4,545,209 |  |  | 4,662,458
Covered loans: |  |  |  |  |
Loans secured by 1-4 family residential properties |  | 121,658 |  |  | 121,748
Construction and development secured by 1-4 family residential properties |  | 18,947 |  |  | 17,304
Commercial and other construction |  | 228,410 |  |  | 264,249
Consumer |  | 4,905 |  |  | 6,119
Leasing |  | - |  |  | 270
Total covered loans |  | 373,920 |  |  | 409,690
Allowance for loan and lease losses on covered loans |  | (62,227) |  |  | (52,729)
Total covered loans, net |  | 311,693 |  |  | 356,961
Total loans, net | $ | 4,856,902 |  | $ | 5,019,419
During the nine-month period ended September 30, 2014, the Company reclassified $25.8 million in mortgage loans held-for-sale to held-for-investment Non-covered Loans O riginated and Other Loans and L eases Held for Investment The Company's originated and other loans held for investment are encompassed within four portfolio segments: mortgage, commercial, consumer, and auto and leasing. The following table s present the aging of the recorded investment in gross originated and other loans held for investment as of September 30, 2014 and December 31, 2013 by class of loans. Mortgage loans past due included delinquent loans in the GNMA buy-back option program. Servicers of loans underlying GNMA mortgage-backed securities must report as their own assets the defaulted loans that they have the option (but not the obligation) to repurchase, even when they elect not to exercise that option.
| September 30, 2014
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Loans 90+
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Days Past
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Due and
| 30-59 Days |  | 60-89 Days |  | 90+ Days |  | Total Past |  |  |  |  |  | Still
| Past Due |  | Past Due |  | Past Due |  | Due |  | Current |  | Total Loans |  | Accruing
| (In thousands) |  |  |
Mortgage |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Traditional (by origination year): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Up to the year 2002 | $ | 5,996 |  | $ | 3,283 |  | $ | 3,424 |  | $ | 12,703 |  | $ | 55,635 |  | $ | 68,338 |  | $ | 141
Years 2003 and 2004 |  | 6,679 |  |  | 1,730 |  |  | 3,471 |  |  | 11,880 |  |  | 50,464 |  |  | 62,344 |  |  | -
Year 2005 |  | 7,368 |  |  | 3,295 |  |  | 8,258 |  |  | 18,921 |  |  | 69,510 |  |  | 88,431 |  |  | 89
Year 2006 |  | 10,274 |  |  | 5,678 |  |  | 6,041 |  |  | 21,993 |  |  | 91,218 |  |  | 113,211 |  |  | 114
Years 2007, 2008 and 2009 |  | 3,285 |  |  | 3,095 |  |  | 7,647 |  |  | 14,027 |  |  | 83,036 |  |  | 97,063 |  |  | 59
Years 2010, 2011, 2012, 2013 and 2014 |  | 4,938 |  |  | 1,368 |  |  | 5,706 |  |  | 12,012 |  |  | 181,550 |  |  | 193,562 |  |  | 509
|  | 38,540 |  |  | 18,449 |  |  | 34,547 |  |  | 91,536 |  |  | 531,413 |  |  | 622,949 |  |  | 912
Non-traditional |  | 1,084 |  |  | 783 |  |  | 3,022 |  |  | 4,889 |  |  | 32,886 |  |  | 37,775 |  |  | -
Loss mitigation program |  | 10,022 |  |  | 7,358 |  |  | 14,625 |  |  | 32,005 |  |  | 57,578 |  |  | 89,583 |  |  | 5,773
|  | 49,646 |  |  | 26,590 |  |  | 52,194 |  |  | 128,430 |  |  | 621,877 |  |  | 750,307 |  |  | 6,685
Home equity secured personal loans |  | - |  |  | - |  |  | 126 |  |  | 126 |  |  | 607 |  |  | 733 |  |  | -
GNMA's buy-back option program |  | - |  |  | - |  |  | 40,066 |  |  | 40,066 |  |  | - |  |  | 40,066 |  |  | -
|  | 49,646 |  |  | 26,590 |  |  | 92,386 |  |  | 168,622 |  |  | 622,484 |  |  | 791,106 |  |  | 6,685
Commercial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  | - |  |  | - |  |  | - |  |  | - |  |  | 113,976 |  |  | 113,976 |  |  | -
Institutional |  | - |  |  | - |  |  | - |  |  | - |  |  | 37,177 |  |  | 37,177 |  |  | -
Middle market |  | - |  |  | 1,071 |  |  | 638 |  |  | 1,709 |  |  | 142,830 |  |  | 144,539 |  |  | -
Retail |  | 1,164 |  |  | 129 |  |  | 7,258 |  |  | 8,551 |  |  | 153,091 |  |  | 161,642 |  |  | -
Floor plan |  | - |  |  | - |  |  | - |  |  | - |  |  | 1,666 |  |  | 1,666 |  |  | -
Real estate |  | - |  |  | - |  |  | - |  |  | - |  |  | 11,878 |  |  | 11,878 |  |  | -
|  | 1,164 |  |  | 1,200 |  |  | 7,896 |  |  | 10,260 |  |  | 460,618 |  |  | 470,878 |  |  | -
Other commercial and industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  | - |  |  | - |  |  | - |  |  | - |  |  | 60,402 |  |  | 60,402 |  |  | -
Institutional |  | - |  |  | - |  |  | - |  |  | - |  |  | 482,277 |  |  | 482,277 |  |  | -
Middle market |  | - |  |  | - |  |  | 628 |  |  | 628 |  |  | 82,577 |  |  | 83,205 |  |  | -
Retail |  | 267 |  |  | 144 |  |  | 809 |  |  | 1,220 |  |  | 79,592 |  |  | 80,812 |  |  | -
Floor plan |  | - |  |  | - |  |  | - |  |  | - |  |  | 39,661 |  |  | 39,661 |  |  | -
|  | 267 |  |  | 144 |  |  | 1,437 |  |  | 1,848 |  |  | 744,509 |  |  | 746,357 |  |  | -
|  | 1,431 |  |  | 1,344 |  |  | 9,333 |  |  | 12,108 |  |  | 1,205,127 |  |  | 1,217,235 |  |  | -
| September 30, 2014
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Loans 90+
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Days Past
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Due and
| 30-59 Days |  | 60-89 Days |  | 90+ Days |  | Total Past |  |  |  |  |  | Still
| Past Due |  | Past Due |  | Past Due |  | Due |  | Current |  | Total Loans |  | Accruing
| (In thousands) |  |  |
Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit cards |  | 238 |  |  | 189 |  |  | 408 |  |  | 835 |  |  | 17,022 |  |  | 17,857 |  |  | -
Overdrafts |  | 20 |  |  | 2 |  |  | 1 |  |  | 23 |  |  | 317 |  |  | 340 |  |  | -
Personal lines of credit |  | 67 |  |  | 132 |  |  | 29 |  |  | 228 |  |  | 1,823 |  |  | 2,051 |  |  | -
Personal loans |  | 1,666 |  |  | 627 |  |  | 604 |  |  | 2,897 |  |  | 135,711 |  |  | 138,608 |  |  | -
Cash collateral personal loans |  | 214 |  |  | 132 |  |  | 36 |  |  | 382 |  |  | 16,644 |  |  | 17,026 |  |  | -
|  | 2,205 |  |  | 1,082 |  |  | 1,078 |  |  | 4,365 |  |  | 171,517 |  |  | 175,882 |  |  | -
Auto and leasing |  | 43,537 |  |  | 15,956 |  |  | 8,279 |  |  | 67,772 |  |  | 475,120 |  |  | 542,892 |  |  | -
Total | $ | 96,819 |  | $ | 44,972 |  | $ | 111,076 |  | $ | 252,867 |  | $ | 2,474,248 |  | $ | 2,727,115 |  | $ | 6,685
| December 31, 2013
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Loans 90+
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Days Past
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Due and
| 30-59 Days |  | 60-89 Days |  | 90+ Days |  | Total Past |  |  |  |  |  | Still
| Past Due |  | Past Due |  | Past Due |  | Due |  | Current |  | Total Loans |  | Accruing
| (In thousands) |  |  |
Mortgage |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Traditional (by origination year): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Up to the year 2002 | $ | 6,697 |  | $ | 1,635 |  | $ | 3,408 |  | $ | 11,740 |  | $ | 64,772 |  | $ | 76,512 |  | $ | 79
Years 2003 and 2004 |  | 4,722 |  |  | 2,163 |  |  | 1,845 |  |  | 8,730 |  |  | 56,387 |  |  | 65,117 |  |  | -
Year 2005 |  | 8,527 |  |  | 2,119 |  |  | 4,808 |  |  | 15,454 |  |  | 74,087 |  |  | 89,541 |  |  | -
Year 2006 |  | 12,055 |  |  | 4,312 |  |  | 4,418 |  |  | 20,785 |  |  | 99,537 |  |  | 120,322 |  |  | -
Years 2007, 2008 and 2009 |  | 3,464 |  |  | 1,104 |  |  | 4,663 |  |  | 9,231 |  |  | 91,919 |  |  | 101,150 |  |  | 152
Years 2010, 2011, 2012 and 2013 |  | 3,923 |  |  | 1,609 |  |  | 4,453 |  |  | 9,985 |  |  | 139,561 |  |  | 149,546 |  |  | 459
|  | 39,388 |  |  | 12,942 |  |  | 23,595 |  |  | 75,925 |  |  | 526,263 |  |  | 602,188 |  |  | 690
Non-traditional |  | 3,217 |  |  | 1,162 |  |  | 2,311 |  |  | 6,690 |  |  | 35,412 |  |  | 42,102 |  |  | -
Loss mitigation program |  | 9,759 |  |  | 5,560 |  |  | 13,191 |  |  | 28,510 |  |  | 57,808 |  |  | 86,318 |  |  | 2,185
|  | 52,364 |  |  | 19,664 |  |  | 39,097 |  |  | 111,125 |  |  | 619,483 |  |  | 730,608 |  |  | 2,875
Home equity secured personal loans |  | - |  |  | - |  |  | 138 |  |  | 138 |  |  | 598 |  |  | 736 |  |  | -
GNMA's buy-back option program |  | - |  |  | - |  |  | 34,921 |  |  | 34,921 |  |  | - |  |  | 34,921 |  |  | -
|  | 52,364 |  |  | 19,664 |  |  | 74,156 |  |  | 146,184 |  |  | 620,081 |  |  | 766,265 |  |  | 2,875
Commercial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  | - |  |  | - |  |  | - |  |  | - |  |  | 54,796 |  |  | 54,796 |  |  | -
Institutional |  | - |  |  | - |  |  | - |  |  | - |  |  | 4,050 |  |  | 4,050 |  |  | -
Middle market |  | 1,356 |  |  | - |  |  | 10,294 |  |  | 11,650 |  |  | 149,933 |  |  | 161,583 |  |  | -
Retail |  | 4,253 |  |  | 1,015 |  |  | 3,190 |  |  | 8,458 |  |  | 158,184 |  |  | 166,642 |  |  | -
Floor plan |  | - |  |  | - |  |  | - |  |  | - |  |  | 1,835 |  |  | 1,835 |  |  | -
Real estate |  | - |  |  | - |  |  | - |  |  | - |  |  | 11,655 |  |  | 11,655 |  |  | -
|  | 5,609 |  |  | 1,015 |  |  | 13,484 |  |  | 20,108 |  |  | 380,453 |  |  | 400,561 |  |  | -
Other commercial and industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  | 236 |  |  | - |  |  | - |  |  | 236 |  |  | 32,362 |  |  | 32,598 |  |  | -
Institutional |  | - |  |  | - |  |  | - |  |  | - |  |  | 536,445 |  |  | 536,445 |  |  | -
Middle market |  | - |  |  | 299 |  |  | 1,134 |  |  | 1,433 |  |  | 57,464 |  |  | 58,897 |  |  | -
Retail |  | 1,830 |  |  | 552 |  |  | 539 |  |  | 2,921 |  |  | 58,589 |  |  | 61,510 |  |  | -
Floor plan |  | 39 |  |  | - |  |  | - |  |  | 39 |  |  | 37,607 |  |  | 37,646 |  |  | -
|  | 2,105 |  |  | 851 |  |  | 1,673 |  |  | 4,629 |  |  | 722,467 |  |  | 727,096 |  |  | -
|  | 7,714 |  |  | 1,866 |  |  | 15,157 |  |  | 24,737 |  |  | 1,102,920 |  |  | 1,127,657 |  |  | -
| December 31, 2013
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Loans 90+
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Days Past
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Due and
| 30-59 Days |  | 60-89 Days |  | 90+ Days |  | Total Past |  |  |  |  |  | Still
| Past Due |  | Past Due |  | Past Due |  | Due |  | Current |  | Total Loans |  | Accruing
| (In thousands) |  |  |
Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit cards |  | 287 |  |  | 168 |  |  | 232 |  |  | 687 |  |  | 14,554 |  |  | 15,241 |  |  | -
Overdrafts |  | 46 |  |  | 4 |  |  | - |  |  | 50 |  |  | 322 |  |  | 372 |  |  | -
Personal lines of credit |  | 33 |  |  | 38 |  |  | 66 |  |  | 137 |  |  | 1,844 |  |  | 1,981 |  |  | -
Personal loans |  | 1,324 |  |  | 399 |  |  | 352 |  |  | 2,075 |  |  | 92,485 |  |  | 94,560 |  |  | -
Cash collateral personal loans |  | 324 |  |  | 43 |  |  | - |  |  | 367 |  |  | 15,223 |  |  | 15,590 |  |  | -
|  | 2,014 |  |  | 652 |  |  | 650 |  |  | 3,316 |  |  | 124,428 |  |  | 127,744 |  |  | -
Auto and leasing |  | 25,531 |  |  | 9,437 |  |  | 5,089 |  |  | 40,057 |  |  | 339,817 |  |  | 379,874 |  |  | -
Total | $ | 87,623 |  | $ | 31,619 |  | $ | 95,052 |  | $ | 214,294 |  | $ | 2,187,246 |  | $ | 2,401,540 |  | $ | 2,875
At September 30, 2014, the i ncrease in delinquencies in the consumer and the auto and leasing portfoli os compared to December 31, 2013 is mainly attributed to the fact that non-performing loans of acquired non-covered loan portfolio were accounted for under ASC 310-30. S uch portfolios are increasing as new originations are ramping up the bal ances outstanding. More than a year from the BBVAPR A cquisition, those portfolios are beginning to reflect normal delinquency levels as seasoned portfolios. At September 30, 2014, the increase in delinquencies in the mortgage portfolio compared to December 31, 2013 is mainly attributed to Puerto Rico's prolonged recession. At September 30, 2014 and December 31, 2013, the Company had $4 58.0 million and $515.4 million, respectively, in loans granted to the Puerto Rico government, including its instrumentalities, public corporations and municipalities as part of the institutional commercial loan segment. This entire amount was current at September 30, 2014. A cquired Loans A ccounted for under ASC 310-20 (Loans with revolving feature and/or acquired at a premium) Credit cards, retail and commercial revolving lines of credits, floor plans and performing auto loans with FICO scores over 660 acquired at a premium as part of t he non-covered portfolio are accounted for under the guidance of ASC 310-20, which requir es that any contractually required loan payment receivable in excess of the Company's initial investment in the loans be accreted into interest income on a level-yield b asis over the life of the loan. Loans accounted for under ASC 310-20 are placed on non-accrual status when past due in accordance with the Company's non-accrual policy, a nd any accretion of discount or amortization of premium is d iscontinued. Loans acquired in the non-covered portfolio that were accounted for und er the provisions of ASC 310-20 are removed from the acquired loan category at the end of the reporting period upon refinancing, renewal or normal re-underwriting. The following table s present the aging of the recorded investment in gross acquired loans accounted for under ASC 310-20 as of September 30, 2014 and December 31, 201 3, by class of loans:
| September 30, 2014
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Loans 90+
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Days Past
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Due and
| 30-59 Days |  | 60-89 Days |  | 90+ Days |  | Total Past |  |  |  |  |  | Still
| Past Due |  | Past Due |  | Past Due |  | Due |  | Current |  | Total Loans |  | Accruing
| (In thousands) |  |  |
Commercial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate | $ | - |  | $ | - |  | $ | - |  | $ | - |  | $ | 3,746 |  | $ | 3,746 |  | $ | -
Retail |  | - |  |  | - |  |  | 342 |  |  | 342 |  |  | 482 |  |  | 824 |  |  | -
Floor plan |  | - |  |  | - |  |  | 101 |  |  | 101 |  |  | 3,972 |  |  | 4,073 |  |  | -
|  | - |  |  | - |  |  | 443 |  |  | 443 |  |  | 8,200 |  |  | 8,643 |  |  | -
Other commercial and industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  | - |  |  | - |  |  | - |  |  | - |  |  | 2,915 |  |  | 2,915 |  |  | -
Retail |  | 169 |  |  | 73 |  |  | 451 |  |  | 693 |  |  | 7,328 |  |  | 8,021 |  |  | -
Floor plan |  | 97 |  |  | 40 |  |  | 108 |  |  | 245 |  |  | 7,160 |  |  | 7,405 |  |  | -
|  | 266 |  |  | 113 |  |  | 559 |  |  | 938 |  |  | 17,403 |  |  | 18,341 |  |  | -
|  | 266 |  |  | 113 |  |  | 1,002 |  |  | 1,381 |  |  | 25,603 |  |  | 26,984 |  |  | -
Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit cards |  | 1,625 |  |  | 678 |  |  | 1,328 |  |  | 3,631 |  |  | 40,051 |  |  | 43,682 |  |  | -
Personal loans |  | 160 |  |  | 83 |  |  | 66 |  |  | 309 |  |  | 3,293 |  |  | 3,602 |  |  | -
|  | 1,785 |  |  | 761 |  |  | 1,394 |  |  | 3,940 |  |  | 43,344 |  |  | 47,284 |  |  | -
Auto |  | 11,372 |  |  | 4,137 |  |  | 1,537 |  |  | 17,046 |  |  | 193,762 |  |  | 210,808 |  |  | -
Total | $ | 13,423 |  | $ | 5,011 |  | $ | 3,933 |  | $ | 22,367 |  | $ | 262,709 |  | $ | 285,076 |  | $ | -
| December 31, 2013
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Loans 90+
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Days Past
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Due and
| 30-59 Days |  | 60-89 Days |  | 90+ Days |  | Total Past |  |  |  |  |  | Still
| Past Due |  | Past Due |  | Past Due |  | Due |  | Current |  | Total Loans |  | Accruing
| (In thousands) |  |  |
Commercial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate | $ | - |  | $ | - |  | $ | - |  | $ | - |  | $ | 10,166 |  | $ | 10,166 |  | $ | -
Retail |  | 431 |  |  | 331 |  |  | 868 |  |  | 1,630 |  |  | 4,140 |  |  | 5,770 |  |  | -
Floor plan |  | - |  |  | - |  |  | 101 |  |  | 101 |  |  | 2,576 |  |  | 2,677 |  |  | -
|  | 431 |  |  | 331 |  |  | 969 |  |  | 1,731 |  |  | 16,882 |  |  | 18,613 |  |  | -
Other commercial and industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  | 14 |  |  | 83 |  |  | - |  |  | 97 |  |  | 9,696 |  |  | 9,793 |  |  | -
Retail |  | 1,717 |  |  | 1,418 |  |  | 659 |  |  | 3,794 |  |  | 23,544 |  |  | 27,338 |  |  | -
Floor plan |  | 35 |  |  | 193 |  |  | 18 |  |  | 246 |  |  | 21,691 |  |  | 21,937 |  |  | -
|  | 1,766 |  |  | 1,694 |  |  | 677 |  |  | 4,137 |  |  | 54,931 |  |  | 59,068 |  |  | -
|  | 2,197 |  |  | 2,025 |  |  | 1,646 |  |  | 5,868 |  |  | 71,813 |  |  | 77,681 |  |  | -
Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit cards |  | 2,217 |  |  | 1,200 |  |  | 2,068 |  |  | 5,485 |  |  | 46,714 |  |  | 52,199 |  |  | -
Personal loans |  | 196 |  |  | 7 |  |  | 91 |  |  | 294 |  |  | 3,681 |  |  | 3,975 |  |  | -
|  | 2,413 |  |  | 1,207 |  |  | 2,159 |  |  | 5,779 |  |  | 50,395 |  |  | 56,174 |  |  | -
Auto |  | 12,534 |  |  | 3,616 |  |  | 1,608 |  |  | 17,758 |  |  | 283,826 |  |  | 301,584 |  |  | -
Total | $ | 17,144 |  | $ | 6,848 |  | $ | 5,413 |  | $ | 29,405 |  | $ | 406,034 |  | $ | 435,439 |  | $ | -
Acquired Loans Accounted for u nder ASC 310-30 (including those accounted for under ASC 310-30 by analogy) Acquired loans that are part of the non-covered portfolio, except f or credit cards, retail and commercial revolving lines of credits, floor plans and performing auto loans with FICO scores over 660 acquired at a premium, are accounted for by the Company in accordance with ASC 310-30. The carrying amount corresponding to non-covered loans acquired with deteriorated credit quality, including those accounted under ASC 310-3 0 by analogy, in the statement s of financial condition at September 30, 2014 and December 31, 2013 is as follows:
|  | September 30, |  | December 31,
|  | 2014 |  | 2013
|  | (In thousands)
Contractual required payments receivable |  | $ 2,505,662 |  | $ 2,929,353
Less: Non-accretable discount |  | 523,987 |  | 579,587
Cash expected to be collected |  | 1,981,675 |  | 2,349,766
Less: Accretable yield |  | 404,130 |  | 517,553
Carrying amount, gross |  | 1,577,545 |  | 1,832,213
Less: allowance for loan and lease losses |  | 10,120 |  | 2,863
Carrying amount, net |  | $ 1,567,425 |  | $ 1,829,350
During the quarter ended September 30, 2014, the Company sold non-performing residential mortgage loans that were accounted for under ASC 310-30 with a carrying amount of $19.7 million. N o gain or loss was realized i n the transaction in accordance to ASC 310-30 accounting. A t September 30, 2014 and December 31, 2013, the Company had $1 68.7 million and $180.5 million, respectively, in loans granted to the Puerto Rico government, including its instrumentalities, public corporations and municipalities as part of its non-covered acquired loans accounted for under ASC 310-30. This entire amount was current at September 30, 2014. The following tables describe the accretable yield and non-accretable discount activity of acquired loans accoun ted for under ASC 310-30 for the quarters and nine-month periods ended September 3 0, 2 014 and 2 01 3
| Quarter Ended September 30, |  | Nine-Month Period Ended September 30,
| 2014 |  | 2013 |  | 2014 |  | 2013
| (In thousands)
Accretable Yield Activity |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 444,606 |  | $ | 561,485 |  | $ | 517,553 |  | $ | 655,833
Accretion |  | (38,340) |  |  | (48,352) |  |  | (118,323) |  |  | (150,447)
Transfer from (to) non-accretable discount |  | (2,136) |  |  | 6,010 |  |  | 4,900 |  |  | 13,757
Balance at end of period | $ | 404,130 |  | $ | 519,143 |  | $ | 404,130 |  | $ | 519,143
| Quarter Ended September 30, |  | Nine-Month Period Ended September 30,
| 2014 |  | 2013 |  | 2014 |  | 2013
| (In thousands)
Non-Accretable Discount Activity |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 554,724 |  | $ | 686,231 |  | $ | 579,587 |  | $ | 714,462
Principal losses |  | (32,873) |  |  | (44,301) |  |  | (50,700) |  |  | (64,785)
Transfer from (to) accretable yield |  | 2,136 |  |  | (6,010) |  |  | (4,900) |  |  | (13,757)
Balance at end of period | $ | 523,987 |  | $ | 635,920 |  | $ | 523,987 |  | $ | 635,920
Covered Loans The carrying amount of covered loans at September 30, 2014 and December 31, 2013 is as follows:
| September 30, |  | December 31,
| 2014 |  | 2013
| (In thousands)
Contractual required payments receivable | $ | 561,844 |  | $ | 702,126
Less: Non-accretable discount |  | 77,940 |  |  | 129,477
Cash expected to be collected |  | 483,904 |  |  | 572,649
Less: Accretable yield |  | 109,984 |  |  | 162,959
Carrying amount, gross |  | 373,920 |  |  | 409,690
Less: Allowance for covered loan and lease losses |  | 62,227 |  |  | 52,729
Carrying amount, net | $ | 311,693 |  | $ | 356,961
The following tables describe the accretable yield and non-a ccretable discount activity of covered loans for the quarters and nine-month periods ended September 3 0, 201 4 and 201 3:
| Quarter Ended September 30, |  | Nine-Month Period Ended September 30,
| 2014 |  | 2013 |  | 2014 |  | 2013
| (In thousands)
Accretable Yield Activity |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 128,061 |  | $ | 167,132 |  | $ | 162,959 |  | $ | 188,008
Accretion |  | (20,886) |  |  | (21,657) |  |  | (69,154) |  |  | (65,884)
Transfer from non-accretable discount |  | 2,809 |  |  | 23,070 |  |  | 16,179 |  |  | 46,421
Balance at end of period | $ | 109,984 |  | $ | 168,545 |  | $ | 109,984 |  | $ | 168,545
| Quarter Ended September 30, |  | Nine-Month Period Ended September 30,
| 2013 |  | 2013 |  | 2014 |  | 2013
| (In thousands)
Non-Accretable Discount Activity |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 85,224 |  | $ | 192,259 |  | $ | 129,477 |  | $ | 237,555
Principal losses |  | (4,475) |  |  | (7,762) |  |  | (35,358) |  |  | (29,707)
Transfer to accretable yield |  | (2,809) |  |  | (23,070) |  |  | (16,179) |  |  | (46,421)
Balance at end of period | $ | 77,940 |  | $ | 161,427 |  | $ | 77,940 |  | $ | 161,427
Non-accrual Loans The following table presents the recorded investment in loans in non-accrual status by class of loans as of September 30, 2014 and December 31, 2013:
| September 30, |  | December 31,
| 2014 |  | 2013
| (In thousands)
Originated and other loans and leases held for investment |  |  |  |  |
Mortgage |  |  |  |  |
Traditional (by origination year): |  |  |  |  |
Up to the year 2002 | $ | 3,613 |  | $ | 3,428
Years 2003 and 2004 |  | 3,749 |  |  | 1,845
Year 2005 |  | 9,117 |  |  | 4,922
Year 2006 |  | 7,019 |  |  | 4,418
Years 2007, 2008 and 2009 |  | 9,817 |  |  | 4,511
Years 2010, 2011, 2012, 2013 and 2014 |  | 6,244 |  |  | 7,818
|  | 39,559 |  |  | 26,942
Non-traditional |  | 3,022 |  |  | 2,311
Loss mitigation program |  | 17,636 |  |  | 18,792
|  | 60,217 |  |  | 48,045
Home equity secured personal loans |  | 125 |  |  | 138
|  | 60,342 |  |  | 48,183
Commercial |  |  |  |  |
Commercial secured by real estate |  |  |  |  |
Middle market |  | 10,608 |  |  | 11,895
Retail |  | 8,942 |  |  | 7,208
|  | 19,550 |  |  | 19,103
Other commercial and industrial |  |  |  |  |
Middle market |  | 628 |  |  | 1,134
Retail |  | 2,112 |  |  | 2,485
Floor plan |  | - |  |  | 108
|  | 2,740 |  |  | 3,727
|  | 22,290 |  |  | 22,830
Consumer |  |  |  |  |
Credit cards |  | 408 |  |  | 232
Overdrafts |  | 1 |  |  | -
Personal lines of credit |  | 35 |  |  | 84
Personal loans |  | 761 |  |  | 485
Cash collateral personal loans |  | 36 |  |  | 4
|  | 1,241 |  |  | 805
Auto and leasing |  | 9,008 |  |  | 5,089
| $ | 92,881 |  | $ | 76,907
| September 30, |  | December 31,
| 2014 |  | 2013
| (In thousands)
Acquired loans accounted under ASC 310-20 |  |  |  |  |
Commercial |  |  |  |  |
Commercial secured by real estate |  |  |  |  |
Retail | $ | 342 |  | $ | 956
Floor plan |  | 101 |  |  | 101
|  | 443 |  |  | 1,057
Other commercial and industrial |  |  |  |  |
Corporate |  | - |  |  | 97
Retail |  | 455 |  |  | 1,371
Floor plan |  | 121 |  |  | 18
|  | 576 |  |  | 1,486
|  | 1,019 |  |  | 2,543
Consumer |  |  |  |  |
Credit cards |  | 1,326 |  |  | 2,068
Personal loans |  | 76 |  |  | 151
|  | 1,402 |  |  | 2,219
Auto |  | 1,746 |  |  | 1,608
|  | 4,167 |  |  | 6,370
Total non-accrual loans | $ | 97,048 |  | $ | 83,277
Loans accounted for under ASC 310-30 are excluded from the above table as they are considered to be performing due to the application of the accretion method, in which these loans will accrete interest income over the remaining life of the loans using estimated cash flow analyses. D elinquent residential mortgage loans insured or guaranteed under applicable FHA and VA programs are placed in non-accrual when they become 18 months or more past due, since they are insured loans. At September 30, 2014 and December 31, 2013, loans whose terms have been extended and w hich are classified as troubled-debt restructuring s that are not included in non-accrual loans amounted to $273.6 million and $66.5 million, respectively, as they are p erforming under their new term s. During the quarter ended September 30, 2014, the revolving line of credit to finance the purchase of fuel for the day to day power generation activities of the Puerto Rico Electric Power Authority (“PREPA”) was classified substandard and a troubled-debt restructuring. Based on our analysis, the loan is being maintained in accrual status requiring no impairment. At September 30, 2014 this line of credit had an unpaid principal balance of $200.0 million. Impaired Loans The Company evaluates all loans, some individually and others as homogeneous groups, for purposes of determining impairment. The total investment in impaired commercial loans was $226.8 million and $28.4 million at September 30, 2014 and December 31, 2013, respectively. Impaired commercial loans at September 30, 2014 included the PREPA line of credit with an unpaid principal balance of $200.0 million. T he impaired commercial loans were measured based on the fair value of collateral or the pr esent value of cash flows, including those identified a s troubled-debt restructurings. The valuation allowance for impaired commerci al loans amounted to $1.1 million and $1.4 million at September 30, 201 4 and December 31, 2013, re s pectively. T he total investment in impaired mortgage loans was $91.7 million and $84.5 million at September 30, 2014 and December 31, 201 3, respectively. Impairment on mortgage loans ass essed as troubled-debt restructurings was measured using t he present value of cash flows. The valuation allowance for impaired mortgage loans amounted to approximately $7.9 million and $8.7 million at September 30, 2014 and December 31, 2013, respectively. O riginated and Other Loans and L eases Held for Investment T he Company's recorded investment in non-covered commercial and mortgage loans categorized as originated and other loans and leases held for investment that were individually evaluated for impairment and the related allowance for loan and lease losses at September 30, 2014 and December 31, 2013 are as follows:
| September 30, 2014
| Unpaid |  | Recorded |  | Related |  |
| Principal |  | Investment |  | Allowance |  | Coverage
| (In thousands)
Impaired loans with specific allowance: |  |  |  |  |  |  |  |  |  |
Commercial | $ | 5,297 |  | $ | 4,731 |  | $ | 1,108 |  | 23%
Residential troubled-debt restructuring |  | 97,289 |  |  | 91,692 |  |  | 7,932 |  | 9%
Impaired loans with no specific allowance: |  |  |  |  |  |  |  |  |  |
Commercial |  | 228,968 |  |  | 221,852 |  |  | N/A |  | N/A
Total investment in impaired loans | $ | 331,554 |  | $ | 318,275 |  | $ | 9,040 |  | 3%
| December 31, 2013
| Unpaid |  | Recorded |  | Related |  |
| Principal |  | Investment |  | Allowance |  | Coverage
| (In thousands)
Impaired loans with specific allowance |  |  |  |  |  |  |  |  |  |
Commercial | $ | 6,600 |  | $ | 5,553 |  | $ | 1,431 |  | 26%
Residential troubled-debt restructuring |  | 89,539 |  |  | 84,494 |  |  | 8,708 |  | 10%
Impaired loans with no specific allowance |  |  |  |  |  |  |  |  |  |
Commercial |  | 27,914 |  |  | 22,592 |  |  | N/A |  | N/A
Total investment in impaired loans | $ | 124,053 |  | $ | 112,639 |  | $ | 10,139 |  | 9%
Acquired Loans Accounted for under ASC 310-20 (Loans with revolving feature and/or acquired at a premium) T he Company's recorded investment in non-covered commercial loans categorized as non-covered acquired loans accounted for under ASC 310-20 that were individually evaluated for impairment and the related allowance for loan and lease losses at September 30, 2014 and December 31, 2013 are as follows:
| September 30, 2014
| Unpaid |  | Recorded |  | Related |  |
| Principal |  | Investment |  | Allowance |  | Coverage
| (In thousands)
Impaired loans with no specific allowance |  |  |  |  |  |  |  |  |  |
Commercial |  | 208 |  |  | 208 |  |  | N/A |  | N/A
Total investment in impaired loans | $ | 208 |  | $ | 208 |  | $ | - |  | 0%
| December 31, 2013
| Unpaid |  | Recorded |  | Specific |  |
| Principal |  | Investment |  | Allowance |  | Coverage
| (In thousands)
Impaired loans with no specific allowance |  |  |  |  |  |  |  |  |  |
Commercial |  | 208 |  |  | 208 |  |  | N/A |  | N/A
Total investment in impaired loans | $ | 208 |  | $ | 208 |  | $ | - |  | 0%
Non-covered Acquired Loans Accounted for under ASC 310-30 (including those accounted for under ASC 310-30 by analogy) T he Company's recorded investment in non-covered acquired loan pools accounted for under ASC 310-30 and their related allowance for non-covered loan and lease losses at September 30, 2014 and December 31, 2013 are as follows:
| September 30, 2014
|  |  |  |  |  |  |  |  |  | Coverage
| Unpaid |  | Recorded |  |  |  | to Recorded
| Principal |  | Investment |  | Allowance |  | Investment
| (In thousands)
Impaired non-covered loan pools: |  |  |  |  |  |  |  |  |  |
Commercial | $ | 294,966 |  | $ | 257,234 |  | $ | 4,613 |  | 2%
Construction |  | 52,367 |  |  | 45,770 |  |  | 5,502 |  | 12%
Consumer |  | 42,897 |  |  | 36,463 |  |  | 5 |  | 0%
Total investment in impaired non-covered loan pools | $ | 390,230 |  | $ | 339,467 |  | $ | 10,120 |  | 3%
| December 31, 2013
|  |  |  |  |  |  |  |  |  | Coverage
| Unpaid |  | Recorded |  |  |  | to Recorded
| Principal |  | Investment |  | Allowance |  | Investment
| (In thousands)
Impaired non-covered loan pools: |  |  |  |  |  |  |  |  |  |
Mortgage | $ | 5,183 |  | $ | 4,718 |  | $ | 57 |  | 1%
Commercial |  | 48,100 |  |  | 40,411 |  |  | 394 |  | 1%
Construction |  | 21,526 |  |  | 17,818 |  |  | 1,319 |  | 7%
Consumer |  | 73,043 |  |  | 63,606 |  |  | 361 |  | 1%
Auto |  | 379,236 |  |  | 377,316 |  |  | 732 |  | 0%
Total investment in impaired non-covered loan pools | $ | 527,088 |  | $ | 503,869 |  | $ | 2,863 |  | 1%
The following table presents the interest recognized in non-covered commercial and mortgage loans that were individually evaluated for impairment, excluding loans accounted for under ASC 310-30, for the quarter s and nine-month period s ended September 3 0, 201 4 and 2013:
| Quarter Ended September 30,
| 2014 |  | 2013
| Interest Income Recognized |  | Average Recorded Investment |  | Interest Income Recognized |  | Average Recorded Investment
| (In thousands)
Impaired loans with specific allowance |  |  |  |  |  |  |  |  |  |  |
Commercial | $ | 28 |  | $ | 5,103 |  | $ | 5 |  | $ | 9,039
Residential troubled-debt restructuring |  | 666 |  |  | 91,293 |  |  | 712 |  |  | 82,388
Impaired loans with no specific allowance |  |  |  |  |  |  |  |  |  |  |
Commercial |  | 1,728 |  |  | 89,029 |  |  | 146 |  |  | 28,805
Total interest income from impaired loans | $ | 2,422 |  | $ | 185,425 |  | $ | 863 |  | $ | 120,232
| Nine-Month Period Ended Ended September 30,
| 2014 |  | 2013
| Interest Income Recognized |  | Average Recorded Investment |  | Interest Income Recognized |  | Average Recorded Investment
| (In thousands)
Impaired loans with specific allowance |  |  |  |  |  |  |  |  |  |  |
Commercial | $ | 83 |  | $ | 6,187 |  | $ | 16 |  | $ | 14,872
Residential troubled-debt restructuring |  | 1,876 |  |  | 89,597 |  |  | 1,942 |  |  | 81,406
Impaired loans with no specific allowance |  |  |  |  |  |  |  |  |  |  |
Commercial |  | 5,185 |  |  | 44,203 |  |  | 438 |  |  | 26,471
Total interest income from impaired loans | $ | 7,144 |  | $ | 139,987 |  | $ | 2,396 |  | $ | 122,749
Covered Loans T he Company's recorded investment in covered loan pools that have recorded impairment s and the ir related allowance for covered loan and lease losses as of September 30, 2014 and December 31, 2013 are as follows:
| September 30, 2014
|  |  |  |  |  |  |  |  |  | Coverage
| Unpaid |  | Recorded |  |  |  | to Recorded
| Principal |  | Investment |  | Allowance |  | Investment
| (In thousands)
Impaired covered loan pools: |  |  |  |  |  |  |  |  |  |
Loans secured by 1-4 family residential properties | $ | 138,029 |  | $ | 106,823 |  | $ | 15,252 |  | 14%
Construction and development secured by 1-4 family residential properties |  | 61,562 |  |  | 20,249 |  |  | 8,679 |  | 43%
Commercial and other construction |  | 105,542 |  |  | 73,424 |  |  | 37,907 |  | 52%
Consumer |  | 8,408 |  |  | 4,844 |  |  | 389 |  | 8%
Total investment in impaired covered loan pools | $ | 313,541 |  | $ | 205,340 |  | $ | 62,227 |  | 30%
| December 31, 2013
|  |  |  |  |  |  |  |  |  | Coverage
| Unpaid |  | Recorded |  | Specific |  | to Recorded
| Principal |  | Investment |  | Allowance |  | Investment
| (In thousands)
Impaired covered loan pools with specific allowance |  |  |  |  |  |  |  |  |  |
Loans secured by 1-4 family residential properties | $ | 52,142 |  | $ | 38,179 |  | $ | 12,495 |  | 33%
Construction and development secured by 1-4 family residential properties |  | 66,037 |  |  | 17,304 |  |  | 6,866 |  | 40%
Commercial and other construction |  | 209,566 |  |  | 111,946 |  |  | 32,753 |  | 29%
Consumer |  | 10,512 |  |  | 5,857 |  |  | 615 |  | 11%
Total investment in impaired covered loan pools | $ | 338,257 |  | $ | 173,286 |  | $ | 52,729 |  | 30%
Modifications The follow ing table s present the troubled-debt restructuring s during the quarters and nine-month period s ended September 30, 2014 and 2013:
| Quarter Ended September 30, 2014
| Number of contracts |  | Pre-Modification Outstanding Recorded Investment |  | Pre-Modification Weighted Average Rate |  | Pre-Modification Weighted Average Term (in Months) |  | Post-Modification Outstanding Recorded Investment |  | Post-Modification Weighted Average Rate |  | Post-Modification Weighted Average Term (in Months)
| (Dollars in thousands)
Mortgage | 26 |  | $ | 3,016 |  | 5.62% |  | 347 |  | $ | 2,965 |  | 4.22% |  | 393
Commercial | 20 |  |  | 200,007 |  | 7.25% |  | 3 |  |  | 200,007 |  | 7.25% |  | 10
Consumer | 6 |  |  | 58 |  | 10.00% |  | 61 |  |  | 68 |  | 9.66% |  | 55
| Nine-Month Period Ended September 30, 2014
| Number of contracts |  | Pre-Modification Outstanding Recorded Investment |  | Pre-Modification Weighted Average Rate |  | Pre-Modification Weighted Average Term (in Months) |  | Post-Modification Outstanding Recorded Investment |  | Post-Modification Weighted Average Rate |  | Post-Modification Weighted Average Term (in Months)
| (Dollars in thousands)
Mortgage | 113 |  | $ | 14,562 |  | 5.99% |  | 349 |  | $ | 14,162 |  | 4.21% |  | 389
Commercial | 21 |  |  | 200,080 |  | 7.25% |  | 3 |  |  | 200,080 |  | 7.25% |  | 10
Consumer | 13 |  |  | 123 |  | 11.77% |  | 66 |  |  | 136 |  | 11.48% |  | 62
| Quarter Ended September 30, 2013
| Number of contracts |  | Pre- Modification Outstanding Recorded Investment |  | Pre-Modification Weighted Average Rate |  | Pre-Modification Weighted Average Term (in Months) |  | Post-Modification Outstanding Recorded Investment |  | Post-Modification Weighted Average Rate |  | Post-Modification Weighted Average Term (in Months)
| (Dollars in thousands)
Mortgage | 21 |  | $ | 2,887 |  | 6.74% |  | 352 |  | $ | 3,066 |  | 6.74% |  | 351
| Nine-Month Period Ended September 30, 2013
| Number of contracts |  | Pre- Modification Outstanding Recorded Investment |  | Pre-Modification Weighted Average Rate |  | Pre-Modification Weighted Average Term (in Months) |  | Post-Modification Outstanding Recorded Investment |  | Post-Modification Weighted Average Rate |  | Post-Modification Weighted Average Term (in Months)
| (Dollars in thousands)
Mortgage | 102 |  | $ | 12,828 |  | 6.43% |  | 334 |  | $ | 13,685 |  | 5.15% |  | 393
Commercial | 2 |  |  | 1,842 |  | 8.99% |  | 87 |  |  | 1,842 |  | 4.00% |  | 66
The following table presents troubled-debt restructurings for which there was a p ayment default during the twelve-month period s ended September 3 0, 201 4 and 2013:
| Twelve-Month Period Ended September 30,
| 2014 |  | 2013
| Number of Contracts |  | Recorded Investment |  | Number of Contracts |  | Recorded Investment
| (Dollars in thousands)
Mortgage | 15 |  | $ | 1,739 |  | 30 |  | $ | 3,097
Consumer | 2 |  | $ | 5 |  | - |  | $ | -
Credit Quality Indicators The Company categorizes non-covered originated and other loans and acquired loans accounted for under ASC 310-20 into risk categories based on relevant information about the ability of borrowers to service their debt, such as economic conditions, portfolio risk characteristics, prior loss experience, and the results of periodic credit reviews of individual loans. The Company uses the following definitions for risk ratings: Pass: Loans classified as “pass” have a well defined primary source of repayment very likely to be sufficient, with no apparent risk, strong financial position, minimal operating risk, profitability, liquidity and capitalization better than industry standards. Special Mention: Loans classified as “special mention” have a potential weakness that deserves management's close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution's credit position at some future date. Substandard: Loans classified as “substandard” are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful: Loans classified as “doubtful” have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, questionable and improbable. Loss: Loans classified as “loss” are considered uncollectible and of such little value that their continuance as bankable assets is not warranted. This classification does not mean that the asset has absolutely no recovery or salvage value, but rather that it is not practical or desirable to defer writing off this worthless loan even though partial recovery may be effected in the future. Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass rated loans. As of September 30, 2014 and December 31, 201 3, and based on the most recent analysis performed, the ris k category of gross non-covered originated and other loans and acquired loans accounted for under ASC 310-20 subject to risk rating by class of loans is as follows:
| September 30, 2014
| Risk Ratings
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | Individually
| Balance |  |  |  |  | Special |  |  |  |  |  |  |  | Measured for
| Outstanding |  | Pass |  | Mention |  | Substandard |  | Doubtful |  | Impairment
| (In thousands)
Commercial - originated and other loans held for investment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate | $ | 113,976 |  | $ | 90,006 |  | $ | 23,970 |  | $ | - |  | $ | - |  | $ | -
Institutional |  | 37,177 |  |  | 27,232 |  |  | 9,702 |  |  | - |  |  | - |  |  | 243
Middle market |  | 144,539 |  |  | 127,640 |  |  | 3,707 |  |  | - |  |  | - |  |  | 13,192
Retail |  | 161,642 |  |  | 147,034 |  |  | 3,020 |  |  | 2,441 |  |  | - |  |  | 9,147
Floor plan |  | 1,666 |  |  | 594 |  |  | 971 |  |  | 101 |  |  | - |  |  | -
Real estate |  | 11,878 |  |  | 11,878 |  |  | - |  |  | - |  |  | - |  |  | -
|  | 470,878 |  |  | 404,384 |  |  | 41,370 |  |  | 2,542 |  |  | - |  |  | 22,582
Other commercial and industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  | 60,402 |  |  | 60,402 |  |  | - |  |  | - |  |  | - |  |  | -
Institutional |  | 482,275 |  |  | 282,293 |  |  | - |  |  | - |  |  | - |  |  | 199,982
Middle market |  | 83,206 |  |  | 77,504 |  |  | 3,144 |  |  | - |  |  | - |  |  | 2,558
Retail |  | 80,813 |  |  | 76,684 |  |  | 308 |  |  | 2,360 |  |  | - |  |  | 1,461
Floor plan |  | 39,661 |  |  | 38,301 |  |  | 1,147 |  |  | 213 |  |  | - |  |  | -
|  | 746,357 |  |  | 535,184 |  |  | 4,599 |  |  | 2,573 |  |  | - |  |  | 204,001
Total |  | 1,217,235 |  |  | 939,568 |  |  | 45,969 |  |  | 5,115 |  |  | - |  |  | 226,583
Commercial - acquired loans (under ASC 310-20) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  | 3,746 |  |  | 3,746 |  |  | - |  |  | - |  |  | - |  |  | -
Retail |  | 824 |  |  | 467 |  |  | - |  |  | 357 |  |  | - |  |  | -
Floor plan |  | 4,073 |  |  | 4,073 |  |  | - |  |  | - |  |  | - |  |  | -
|  | 8,643 |  |  | 8,286 |  |  | - |  |  | 357 |  |  | - |  |  | -
Other commercial and industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  | 2,915 |  |  | 2,915 |  |  | - |  |  | - |  |  | - |  |  | -
Retail |  | 8,021 |  |  | 7,612 |  |  | 9 |  |  | 400 |  |  | - |  |  | -
Floor plan |  | 7,405 |  |  | 7,405 |  |  | - |  |  | - |  |  | - |  |  | -
|  | 18,341 |  |  | 17,932 |  |  | 9 |  |  | 400 |  |  | - |  |  | -
Total |  | 26,984 |  |  | 26,218 |  |  | 9 |  |  | 757 |  |  | - |  |  | -
Total | $ | 1,244,219 |  | $ | 965,786 |  | $ | 45,978 |  | $ | 5,872 |  | $ | - |  | $ | 226,583
| December 31, 2013
| Risk Ratings
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | Individually
| Balance |  |  |  |  | Special |  |  |  |  |  |  |  | Measured for
| Outstanding |  | Pass |  | Mention |  | Substandard |  | Doubtful |  | Impairment
| (In thousands)
Commercial - originated and other loans held for investment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate | $ | 54,796 |  | $ | 54,796 |  | $ | - |  | $ | - |  | $ | - |  | $ | -
Institutional |  | 4,050 |  |  | 4,050 |  |  | - |  |  | - |  |  | - |  |  | -
Middle market |  | 161,583 |  |  | 133,061 |  |  | 16,627 |  |  | 118 |  |  | - |  |  | 11,777
Retail |  | 166,642 |  |  | 149,018 |  |  | 2,182 |  |  | 2,258 |  |  | - |  |  | 13,184
Floor plan |  | 1,835 |  |  | 1,835 |  |  | - |  |  | - |  |  | - |  |  | -
Real estate |  | 11,655 |  |  | 11,655 |  |  | - |  |  | - |  |  | - |  |  | -
|  | 400,561 |  |  | 354,415 |  |  | 18,809 |  |  | 2,376 |  |  | - |  |  | 24,961
Other commercial and industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  | 32,598 |  |  | 32,598 |  |  | - |  |  | - |  |  | - |  |  | -
Institutional |  | 536,445 |  |  | 536,445 |  |  | - |  |  | - |  |  | - |  |  | -
Middle market |  | 58,897 |  |  | 53,868 |  |  | 3,466 |  |  | 198 |  |  | - |  |  | 1,365
Retail |  | 61,510 |  |  | 58,742 |  |  | 257 |  |  | 691 |  |  | - |  |  | 1,820
Floor plan |  | 37,646 |  |  | 37,350 |  |  | 188 |  |  | 108 |  |  | - |  |  | -
|  | 727,096 |  |  | 719,003 |  |  | 3,911 |  |  | 997 |  |  | - |  |  | 3,185
Total |  | 1,127,657 |  |  | 1,073,418 |  |  | 22,720 |  |  | 3,373 |  |  | - |  |  | 28,146
Commercial - acquired loans (under ASC 310-20) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  | 10,166 |  |  | 10,166 |  |  | - |  |  | - |  |  | - |  |  | -
Retail |  | 5,770 |  |  | 4,378 |  |  | 443 |  |  | 949 |  |  | - |  |  | -
Floor plan |  | 2,677 |  |  | 2,576 |  |  | - |  |  | 101 |  |  | - |  |  | -
|  | 18,613 |  |  | 17,120 |  |  | 443 |  |  | 1,050 |  |  | - |  |  | -
Other commercial and industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  | 9,793 |  |  | 9,696 |  |  | - |  |  | 97 |  |  | - |  |  | -
Retail |  | 27,338 |  |  | 26,044 |  |  | 150 |  |  | 1,144 |  |  | - |  |  | -
Floor plan |  | 21,937 |  |  | 21,769 |  |  | 168 |  |  | - |  |  | - |  |  | -
|  | 59,068 |  |  | 57,509 |  |  | 318 |  |  | 1,241 |  |  | - |  |  | -
Total |  | 77,681 |  |  | 74,629 |  |  | 761 |  |  | 2,291 |  |  | - |  |  | -
Total | $ | 1,205,338 |  | $ | 1,148,047 |  | $ | 23,481 |  | $ | 5,664 |  | $ | - |  | $ | 28,146
All loans individually measured for impairment are classified as substandard as of September 30, 2014. A t September 30, 2014 and Dece mber 3 1, 2013, we had approximately $6 4 7.9 million and $763.4 million, respectively, of credit facilities granted to the Puerto Rico government, including its instrumentalities, public corporations and municipalities, of which $6 2 6.8 million and $696.0 million, respectively, were outstanding as of such date s. A substantial portion of our credit exposure to the government of Puerto Rico consists of collateralized loans or obligations that have a specific source of income or revenues identified for its repayment. Some o f these obligations consist of senior and subordinated loans to public corporations that obtain revenues from rates charged for services, such as water and electric power utilities. Public corporations have varying degrees of independence from the central government and many have receive d appropriati ons or are due other payments from it. We also have loans to various municipalities for which the good faith, credit and unlimited taxing power of the applicable municipality has be en pledged to their repayment. These municipalities are required by law to levy special property taxes in such amounts as shall be required for the payment of all their genera l obligation bonds and notes. Another portion of these loans consists of special obligations of various municipalities that are payable from the basic real and personal property taxes collected within such munici palities. The good faith and credit obligations of the municipalities have a first lien on the basic property taxes. In th e second quarter of 2014, the government enacted the Puerto Rico Public Corporation Debt Enforcement and Recovery Act (the “Recovery Act”), which establishes procedures for the adjustment of certain public corporations' debts. The Recovery Act states in its preamble that it further promotes the central government's public policy objectives of no longer providing financial support to public corporations and promoting their economic independence. The Recovery Act, which is without precedent and is being challenged in federal court on constitutional grounds, has increased the level of uncertainty as to the rights of the affected public corporation's creditors. As of September 30, 2014, we had approximately $382.1 million of credit facilities granted to public corporations authorized to initiate proceedings under the Recovery Act. Oriental Bank is part of a four bank syndicate providing a $550 million dollar revolving line of credit to finance the purchase of fuel for the day to day power generation activities of PREPA, a public corporation authorized to seek relief under the Recovery Act. The Bank's participation in the line of credit has an unpaid principal balance of $200.0 million as of September 30, 2014. The Company, a s part of the bank syndicate, agreed during the quarter to extend its credit facility with PREPA to March 31, 2015. In connection with such extension, PREPA appointed a Chief Restructuring Officer to work alongside the Executive Director to develop, organize and manage a financial and operational restructuring of PREPA subject to the approval of PREPA's Board. PREPA also committed to delivering a comprehensive business plan by December 15, 2014 and a full debt restructuring plan by March 2, 2015. After the extension, the Company classified the credit as substandard and a troubled-debt restructuring. The Company conducted an impairment analysis considering the probability of collection of principal and interest. Based on the experience and knowledge of the borrower, independent scenarios were developed to assess the collectability of the Company's current credit exposure to PREPA. Such scenarios project very probable outcomes based on a conservative set of assumptions related to PREPA's ability for future cash flow generation. The Company concluded that the loan should be maintained in accrual status requiring no impairment. For residential and consumer loan classes, the Company evaluates credit quality based on the delinquency status of the loan. As of September 30, 2014 and December 31, 2013, and based on the most recent analysis performed, the risk category of non-covered gross originated and other loans and acquired loans accounted for under ASC 310-20 not subject to risk rating by class of loans is as follows:
| September 30, 2014
| Delinquency
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Individually
| Balance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Measured for
| Outstanding |  | 0-29 days |  | 30-59 days |  | 60-89 days |  | 90-119 days |  | 120-364 days |  | 365+ days |  | Impairment
| (In thousands)
Originated and other loans and leases held for investment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Traditional (by origination year) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Up to the year 2002 | $ | 68,338 |  | $ | 54,931 |  | $ | 5,831 |  | $ | 3,160 |  | $ | 537 |  | $ | 999 |  | $ | 1,888 |  | $ | 992
Years 2003 and 2004 |  | 62,344 |  |  | 49,747 |  |  | 6,309 |  |  | 1,730 |  |  | 221 |  |  | 1,623 |  |  | 1,489 |  |  | 1,225
Year 2005 |  | 88,431 |  |  | 66,895 |  |  | 6,451 |  |  | 3,236 |  |  | 831 |  |  | 3,768 |  |  | 3,659 |  |  | 3,591
Year 2006 |  | 113,211 |  |  | 90,157 |  |  | 9,821 |  |  | 5,471 |  |  | 1,740 |  |  | 2,479 |  |  | 1,759 |  |  | 1,784
Years 2007, 2008 and 2009 |  | 97,063 |  |  | 79,950 |  |  | 2,874 |  |  | 2,774 |  |  | 839 |  |  | 3,181 |  |  | 3,352 |  |  | 4,093
Years 2010, 2011, 2012 2013 and 2014 |  | 193,562 |  |  | 180,558 |  |  | 4,088 |  |  | 1,224 |  |  | 106 |  |  | 1,597 |  |  | 1,281 |  |  | 4,708
|  | 622,949 |  |  | 522,238 |  |  | 35,374 |  |  | 17,595 |  |  | 4,274 |  |  | 13,647 |  |  | 13,428 |  |  | 16,393
Non-traditional |  | 37,775 |  |  | 32,886 |  |  | 1,084 |  |  | 783 |  |  | 259 |  |  | 1,047 |  |  | 1,667 |  |  | 49
Loss mitigation program |  | 89,583 |  |  | 9,249 |  |  | 1,665 |  |  | 789 |  |  | 628 |  |  | 1,022 |  |  | 980 |  |  | 75,250
|  | 750,307 |  |  | 564,373 |  |  | 38,123 |  |  | 19,167 |  |  | 5,161 |  |  | 15,716 |  |  | 16,075 |  |  | 91,692
Home equity secured personal loans |  | 733 |  |  | 607 |  |  | - |  |  | - |  |  | - |  |  | - |  |  | 126 |  |  | -
GNMA's buy-back option program |  | 40,066 |  |  | - |  |  | - |  |  | - |  |  | 8,825 |  |  | 18,512 |  |  | 12,729 |  |  | -
|  | 791,106 |  |  | 564,980 |  |  | 38,123 |  |  | 19,167 |  |  | 13,986 |  |  | 34,228 |  |  | 28,930 |  |  | 91,692
Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit cards |  | 17,857 |  |  | 17,022 |  |  | 238 |  |  | 189 |  |  | 140 |  |  | 268 |  |  | - |  |  | -
Overdrafts |  | 340 |  |  | 318 |  |  | 20 |  |  | 2 |  |  | - |  |  | - |  |  | - |  |  | -
Unsecured personal lines of credit |  | 2,051 |  |  | 1,823 |  |  | 67 |  |  | 132 |  |  | - |  |  | 26 |  |  | 3 |  |  | -
Unsecured personal loans |  | 138,608 |  |  | 135,169 |  |  | 1,586 |  |  | 614 |  |  | 579 |  |  | 22 |  |  | - |  |  | 638
Cash collateral personal loans |  | 17,026 |  |  | 16,644 |  |  | 214 |  |  | 132 |  |  | 36 |  |  | - |  |  | - |  |  | -
|  | 175,882 |  |  | 170,976 |  |  | 2,125 |  |  | 1,069 |  |  | 755 |  |  | 316 |  |  | 3 |  |  | 638
Auto and Leasing |  | 542,892 |  |  | 475,120 |  |  | 43,537 |  |  | 15,956 |  |  | 5,662 |  |  | 2,617 |  |  | - |  |  | -
|  | 1,509,880 |  |  | 1,211,076 |  |  | 83,785 |  |  | 36,192 |  |  | 20,403 |  |  | 37,161 |  |  | 28,933 |  |  | 92,330
Acquired loans (accounted for under ASC 310-20) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit cards |  | 43,682 |  |  | 40,053 |  |  | 1,625 |  |  | 678 |  |  | 483 |  |  | 843 |  |  | - |  |  | -
Personal loans |  | 3,602 |  |  | 3,293 |  |  | 160 |  |  | 83 |  |  | 32 |  |  | 34 |  |  | - |  |  | -
|  | 47,284 |  |  | 43,346 |  |  | 1,785 |  |  | 761 |  |  | 515 |  |  | 877 |  |  | - |  |  | -
Auto |  | 210,808 |  |  | 193,762 |  |  | 11,372 |  |  | 4,137 |  |  | 1,209 |  |  | 328 |  |  | - |  |  | -
|  | 258,092 |  |  | 237,108 |  |  | 13,157 |  |  | 4,898 |  |  | 1,724 |  |  | 1,205 |  |  | - |  |  | -
Total | $ | 1,767,972 |  | $ | 1,448,184 |  | $ | 96,942 |  | $ | 41,090 |  | $ | 22,127 |  | $ | 38,366 |  | $ | 28,933 |  | $ | 92,330
| December 31, 2013
| Delinquency
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Individually
| Balance |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Measured for
| Outstanding |  | 0-29 days |  | 30-59 days |  | 60-89 days |  | 90-119 days |  | 120-364 days |  | 365+ days |  | Impairment
| (In thousands)
Originated and other loans and leases held for investment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Traditional (by origination year) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Up to the year 2002 | $ | 76,512 |  | $ | 64,743 |  | $ | 6,594 |  | $ | 1,634 |  | $ | 868 |  | $ | 1,082 |  | $ | 1,458 |  | $ | 133
Years 2003 and 2004 |  | 65,117 |  |  | 56,283 |  |  | 4,722 |  |  | 1,938 |  |  | 56 |  |  | 1,437 |  |  | 352 |  |  | 329
Year 2005 |  | 89,541 |  |  | 74,016 |  |  | 8,414 |  |  | 2,119 |  |  | 1,198 |  |  | 3,037 |  |  | 573 |  |  | 184
Year 2006 |  | 120,322 |  |  | 99,243 |  |  | 12,055 |  |  | 4,312 |  |  | 1,148 |  |  | 2,755 |  |  | 515 |  |  | 294
Years 2007, 2008 and 2009 |  | 101,150 |  |  | 91,920 |  |  | 3,464 |  |  | 1,104 |  |  | 1,264 |  |  | 2,844 |  |  | 554 |  |  | -
Years 2010, 2011, 2012 and 2013 |  | 149,546 |  |  | 134,577 |  |  | 3,192 |  |  | 1,609 |  |  | 115 |  |  | 974 |  |  | 989 |  |  | 8,090
|  | 602,188 |  |  | 520,782 |  |  | 38,441 |  |  | 12,716 |  |  | 4,649 |  |  | 12,129 |  |  | 4,441 |  |  | 9,030
Non-traditional |  | 42,102 |  |  | 35,168 |  |  | 3,217 |  |  | 1,162 |  |  | - |  |  | 1,324 |  |  | 833 |  |  | 398
Loss mitigation program |  | 86,318 |  |  | 7,762 |  |  | 1,376 |  |  | 149 |  |  | 624 |  |  | 312 |  |  | 1,029 |  |  | 75,066
|  | 730,608 |  |  | 563,712 |  |  | 43,034 |  |  | 14,027 |  |  | 5,273 |  |  | 13,765 |  |  | 6,303 |  |  | 84,494
Home equity secured personal loans |  | 736 |  |  | 598 |  |  | - |  |  | - |  |  | - |  |  | 126 |  |  | 12 |  |  | -
GNMA's buy-back option program |  | 34,921 |  |  | - |  |  | - |  |  | - |  |  | 7,670 |  |  | 14,425 |  |  | 12,826 |  |  | -
|  | 766,265 |  |  | 564,310 |  |  | 43,034 |  |  | 14,027 |  |  | 12,943 |  |  | 28,316 |  |  | 19,141 |  |  | 84,494
Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit cards |  | 15,241 |  |  | 14,555 |  |  | 287 |  |  | 168 |  |  | 118 |  |  | 113 |  |  | - |  |  | -
Overdrafts |  | 372 |  |  | 322 |  |  | 46 |  |  | 4 |  |  | - |  |  | - |  |  | - |  |  | -
Unsecured personal lines of credit |  | 1,981 |  |  | 1,844 |  |  | 33 |  |  | 38 |  |  | 25 |  |  | 34 |  |  | 7 |  |  | -
Unsecured personal loans |  | 94,560 |  |  | 92,102 |  |  | 1,272 |  |  | 399 |  |  | 300 |  |  | 39 |  |  | 13 |  |  | 435
Cash collateral personal loans |  | 15,590 |  |  | 15,223 |  |  | 324 |  |  | 43 |  |  | - |  |  | - |  |  | - |  |  | -
|  | 127,744 |  |  | 124,046 |  |  | 1,962 |  |  | 652 |  |  | 443 |  |  | 186 |  |  | 20 |  |  | 435
Auto and Leasing |  | 379,874 |  |  | 339,817 |  |  | 25,532 |  |  | 9,437 |  |  | 3,397 |  |  | 1,691 |  |  | - |  |  | -
|  | 1,273,883 |  |  | 1,028,173 |  |  | 70,528 |  |  | 24,116 |  |  | 16,783 |  |  | 30,193 |  |  | 19,161 |  |  | 84,929
Acquired loans (accounted for under ASC 310-20) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit cards |  | 52,199 |  |  | 46,713 |  |  | 2,217 |  |  | 1,200 |  |  | 828 |  |  | 1,241 |  |  | - |  |  | -
Personal loans |  | 3,975 |  |  | 3,681 |  |  | 196 |  |  | 7 |  |  | 60 |  |  | 31 |  |  | - |  |  | -
|  | 56,174 |  |  | 50,394 |  |  | 2,413 |  |  | 1,207 |  |  | 888 |  |  | 1,272 |  |  | - |  |  | -
Auto |  | 301,584 |  |  | 283,825 |  |  | 12,534 |  |  | 3,616 |  |  | 1,095 |  |  | 514 |  |  | - |  |  | -
|  | 357,758 |  |  | 334,219 |  |  | 14,947 |  |  | 4,823 |  |  | 1,983 |  |  | 1,786 |  |  | - |  |  | -
Total | $ | 1,631,641 |  | $ | 1,362,392 |  | $ | 85,475 |  | $ | 28,939 |  | $ | 18,766 |  | $ | 31,979 |  | $ | 19,161 |  | $ | 84,929

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