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Accrued Interest Receivable and Other Assets | 9 Months Ended
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Sep. 30, 2015
Accrued Interest Receivable And Other Assets [Abstract] |
Other Assets Disclosure [Text Block] | NOTE 9 — ACCRUED INTEREST RECEIVABLE AND OTHER ASSET S Accrued interest receivable at September 30, 2015 and December 31, 2014 consists of the following:
| September 30, |  | December 31,
| 2015 |  | 2014
| (In thousands)
Loans, excluding loans accounted for under ASC 310-30 | $ | 13,953 |  | $ | 17,005
Investments |  | 4,672 |  |  | 4,340
| $ | 18,625 |  | $ | 21,345
Other assets at September 30, 2015 and December 31, 2014 consist of the following:
|  | September 30, |  |  | December 31,
| 2015 |  | 2014
| (In thousands)
FDIC receivable | $ | 44,849 |  | $ | 14,974
Prepaid expenses |  | 14,151 |  |  | 16,018
Receivable from sale of non-performing loans and foreclosed real estate |  | 12,989 |  |  | -
Other repossessed assets |  | 8,948 |  |  | 21,800
Core deposit and customer relationship intangibles |  | 8,314 |  |  | 9,743
Mortgage tax credits |  | 6,277 |  |  | 6,277
Investment in Statutory Trust |  | 1,083 |  |  | 1,083
Accounts receivable and other assets |  | 44,433 |  |  | 38,830
| $ | 141,044 |  | $ | 108,725
At September 30, 2015, the FDIC receivable included a $24.9 million receivable corresponding to the FDIC loss-share certification from the second quarter of 2015 for non-single family residential loans, as the loss share period on these loans was in effect until June 30, 2015. In addition, the FDIC receivable included $20.0 million corresponding to FDIC shared-loss portion of losses in the sale of certain covered non-performing commercial loan s during the quarter ended September 30, 2015 as part o f an agreement made with the FDIC in July 2015. At December 31, 2014, the FDIC receivable included a $15.0 million receivable corresponding to the FDIC loss-share certification from the third quarter of 2014 that was received in January 2015. A t September 30, 2015, the Company had a $13.0 million receivable related to th e bulk sale of non-performing covered and non-covered commercial loans and foreclosed real estate during the quarter ended September 30, 2015. Prepaid expenses amounting to $14.2 million and $16.0 million at September 30, 2015 and December 31, 2014, respectively, include prepaid municipal, property and income taxes aggregating to $9.3 million and $9.6 million, respectively. In connection with the FDIC-assisted acquisi tion and the BBVAPR Acquisition, the Company recorded a core deposit intangible representing the value of checking and savings deposits acquired. At September 30, 2015 and December 31, 2014, this core deposit intangible amounted to $5.6 million and $6.5 million, respec tively. In ad dition, the Company recorded a customer relationship intangible amounting to $5.0 million representing the value of customer relationships acquired with the acquisition of the securities broker-dealer and insurance agency in the BBVAPR Acquisi tion as of December 31, 2012. At September 30, 2015 and December 31, 2014, this customer relationship intangible amounted to $2.7 million and $3.3 million, respectively. Other repossessed assets totaled $8.9 million and $21.8 million at September 30, 2015 and December 31, 2014, respectively, include repossessed automobiles amounting to $8.3 million and $20.7 million, respectively, which are recorded at their net realizable value. At both September 30, 2015 and December 31, 2014, tax credits for the Company totaled $6.3 million. These tax credits do not have an expiration date.

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