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Pledge Assets | 12 Months Ended
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Dec. 31, 2015
TransfersAndServicingAbstract |
Pledge Assets [Text Block] | NOTE 4 - PLEDGED ASSETS The following table shows a summary of pledged and not pledged assets at December 31, 2015 and 2014. Investment securities are presented at fair value, and residential mortgage loans, commercial loans and leases are presented at amortized cost:
| December 31,
| 2015 |  | 2014
| (In thousands)
Pledged investment securities to secure: |  |  |  |  |
Securities sold under agreements to repurchase | $ | 1,021,370 |  | $ | 1,088,526
Derivatives |  | 8,100 |  |  | 7,043
Puerto Rico Cash & Money Market Fund |  | 81,576 |  |  | 76,259
Bond for the Bank's trust operations |  | 379 |  |  | 105
Total pledged investment securities |  | 1,111,425 |  |  | 1,171,933
Pledged residential mortgage loans to secure: |  |  |  |  |
Advances from the Federal Home Loan Bank |  | 1,095,810 |  |  | 1,013,106
Pledged commercial loans to secure: |  |  |  |  |
Advances from the Federal Home Loan Bank |  | 253,263 |  |  | 139,043
Federal Reserve Bank Credit Facility |  | 12,877 |  |  | 179,895
Puerto Rico public fund deposits |  | 410,932 |  |  | 414,481
|  | 677,072 |  |  | 733,419
Pledged auto loans and leases to secure: |  |  |  |  |
Federal Reserve Bank Credit Facility |  | - |  |  | 884,339
Total pledged assets | $ | 2,884,307 |  | $ | 3,802,797
Financial assets not pledged: |  |  |  |  |
Investment securities | $ | 483,373 |  | $ | 207,357
Residential mortgage loans |  | 379,065 |  |  | 586,040
Commercial loans |  | 1,287,036 |  |  | 1,349,467
Consumer loans |  | 295,492 |  |  | 266,498
Auto loans and leases |  | 929,666 |  |  | 123,258
Total assets not pledged | $ | 3,374,632 |  | $ | 2,532,620

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- Definition Refer to those assets that are transferred to a lender for the purpose of securing debt. The lender of the debt maintains possession of the pledged asset, but does not have ownership unless default occurs. + References No definition available. + Details
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- References No definition available. + Details
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Period Type: | duration