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Loans Receivable (Tables)

12 Months Ended

Dec. 31, 2015

Loans And Leases Receivable Net Reported Amount Covered And Not Covered [Abstract]

Schedule Of Accounts Notes Loans And Financing Receivable Text Block

	December 31,
	2015			2014
	(In thousands)
Originated and other loans and leases held for investment:
Mortgage	$	757,828		$	791,751
Commercial		1,441,649			1,289,732
Consumer		242,950			186,760
Auto and leasing		669,163			575,582
		3,111,590			2,843,825
Allowance for loan and lease losses on originated and other loans and leases		(112,626)			(51,439)
		2,998,964			2,792,386
Deferred loan costs, net		4,203			4,282
Total originated and other loans loans held for investment, net		3,003,167			2,796,668
Acquired loans:
Acquired BBVAPR loans:
Accounted for under ASC 310-20 (Loans with revolving feature and/or
acquired at a premium)
Commercial		7,457			12,675
Consumer		38,385			45,344
Auto		106,911			184,782
		152,753			242,801
Allowance for loan and lease losses on acquired BBVAPR loans accounted for under ASC 310-20		(5,542)			(4,597)
		147,211			238,204
Accounted for under ASC 310-30 (Loans acquired with deteriorated
credit quality, including those by analogy)
Mortgage		608,294			656,122
Commercial		287,311			452,201
Construction		88,180			106,361
Consumer		11,843			29,888
Auto		153,592			247,233
		1,149,220			1,491,805
Allowance for loan and lease losses on acquired BBVAPR loans accounted for under ASC 310-30		(25,785)			(13,481)
		1,123,435			1,478,324
Total acquired BBVAPR loans, net		1,270,646			1,716,528
Acquired Eurobank loans:
Loans secured by 1-4 family residential properties		92,273			102,162
Commercial and construction		142,377			256,488
Consumer		2,314			4,506
Total acquired Eurobank loans		236,964			363,156
Allowance for loan and lease losses on Eurobank loans		(90,178)			(64,245)
Total acquired Eurobank loans, net		146,786			298,911
Total acquired loans, net		1,417,432			2,015,439
Total held for investment, net		4,420,599			4,812,107
Mortgage loans held-for-sale		13,614			14,539
Total loans, net	$	4,434,213		$	4,826,646

Past Due Financing Receivables [Table Text Block]

The following tables present the aging of the recorded investment in gross originated and other loans held for investment as of December 31, 2015 and 2014 by class of loans. Mortgage loans past due include 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

	December 31, 2015
																						Loans 90+
																						Days Past
													Current									Due and
	30-59 Days			60-89 Days			90+ Days			Total Past			in Non-			Current						Still
	Past Due			Past Due			Past Due			Due			Accrual			Accruing			Total Loans			Accruing
	(In thousands)
Mortgage
Traditional (by origination year):
Up to the year 2002	$	80		$	2,217		$	3,889		$	6,186		$	41		$	51,562		$	57,789		$	144
Years 2003 and 2004		251			5,036			5,536			10,823			-			88,623			99,446			-
Year 2005		79			2,553			3,549			6,181			-			48,040			54,221			-
Year 2006		551			2,878			7,934			11,363			176			66,864			78,403			-
Years 2007, 2008 and 2009		170			2,053			14,733			16,956			-			74,590			91,546			526
Years 2010, 2011, 2012, 2013		662			1,673			10,519			12,854			141			137,749			150,744			72
Years 2014 and 2015		-			65			663			728			-			85,128			85,856			-
		1,793			16,475			46,823			65,091			358			552,556			618,005			742
Non-traditional		-			977			5,079			6,056			13			23,483			29,552			-
Loss mitigation program		9,958			6,887			14,930			31,775			5,593			64,548			101,916			3,083
		11,751			24,339			66,832			102,922			5,964			640,587			749,473			3,825
Home equity secured personal loans		-			-			64			64			-			346			410			-
GNMA's buy-back option program		-			-			7,945			7,945			-			-			7,945			-
		11,751			24,339			74,841			110,931			5,964			640,933			757,828			3,825
Commercial
Commercial secured by real estate:
Corporate		-			-			-			-			-			227,557			227,557			-
Institutional		213			-			-			213			-			33,594			33,807			-
Middle market		1,174			712			9,113			10,999			1,730			194,219			206,948			-
Retail		686			466			6,921			8,073			1,177			231,840			241,090			-
Floor plan		-			-			-			-			-			2,892			2,892			-
Real estate		-			-			-			-			-			16,662			16,662			-
		2,073			1,178			16,034			19,285			2,907			706,764			728,956			-
Other commercial and industrial:
Corporate		-			-			-			-			-			108,582			108,582			-
Institutional		-			-			-			-			190,290			190,695			380,985			-
Middle market		-			-			-			-			1,565			105,748			107,313			-
Retail		282			639			604			1,525			783			75,489			77,797			-
Floor plan		238			51			39			328			-			37,688			38,016			-
		520			690			643			1,853			192,638			518,202			712,693			-
		2,593			1,868			16,677			21,138			195,545			1,224,966			1,441,649			-

	December 31, 2015
																						Loans 90+
																						Days Past
													Current									Due and
	30-59 Days			60-89 Days			90+ Days			Total Past			in Non-			Current						Still
	Past Due			Past Due			Past Due			Due			Accrual			Accruing			Total Loans			Accruing
	(In thousands)
Consumer
Credit cards		449			182			369			1,000			-			21,766			22,766			-
Overdrafts		24			-			-			24			-			166			190			-
Personal lines of credit		74			-			45			119			19			2,106			2,244			-
Personal loans		2,078			1,179			627			3,884			414			196,858			201,156			-
Cash collateral personal loans		125			17			2			144			-			16,450			16,594			-
		2,750			1,378			1,043			5,171			433			237,346			242,950			-
Auto and leasing		53,566			16,898			8,293			78,757			49			590,357			669,163			-
Total	$	70,660		$	44,483		$	100,854		$	215,997		$	201,991		$	2,693,602		$	3,111,590		$	3,825

	December 31, 2014
																						Loans 90+
																						Days Past
													Current									Due and
	30-59 Days			60-89 Days			90+ Days			Total Past			in Non-			Current						Still
	Past Due			Past Due			Past Due			Due			Accrual			Accruing			Total Loans			Accruing
	(In thousands)
Mortgage
Traditional (by origination year):
Up to the year 2002	$	4,128		$	3,157		$	4,395		$	11,680		$	-		$	54,064		$	65,744		$	134
Years 2003 and 2004		10,484			4,735			6,489			21,708			455			87,506			109,669			-
Year 2005		3,824			2,205			4,454			10,483			131			49,858			60,472			-
Year 2006		5,706			3,298			8,667			17,671			548			67,331			85,550			89
Years 2007, 2008 and 2009		5,283			1,809			7,646			14,738			761			77,990			93,489			-
Years 2010, 2011, 2012, 2013		3,394			2,992			6,900			13,286			-			149,030			162,316			365
Year 2014		290			-			-			290			-			41,818			42,108			-
		33,109			18,196			38,551			89,856			1,895			527,597			619,348			588
Non-traditional		1,477			584			3,223			5,284			-			30,916			36,200			-
Loss mitigation program		8,199			7,106			14,114			29,419			6,358			57,666			93,443			2,766
		42,785			25,886			55,888			124,559			8,253			616,179			748,991			3,354
Home equity secured personal loans		-			-			-			-			-			517			517			-
GNMA's buy-back option program		-			-			42,243			42,243			-			-			42,243			-
		42,785			25,886			98,131			166,802			8,253			616,696			791,751			3,354
Commercial
Commercial secured by real estate:
Corporate		-			-			-			-			-			133,076			133,076			-
Institutional		-			-			-			-			-			36,611			36,611			-
Middle market		-			645			396			1,041			8,494			154,515			164,050			-
Retail		330			561			7,275			8,166			1,445			166,017			175,628			-
Floor plan		-			-			-			-			-			1,650			1,650			-
Real estate		-			-			-			-			-			12,628			12,628			-
		330			1,206			7,671			9,207			9,939			504,497			523,643			-
Other commercial and industrial:
Corporate		-			-			-			-			-			63,746			63,746			-
Institutional		-			-			-			-			-			478,935			478,935			-
Middle market		-			-			618			618			-			91,716			92,334			-
Retail		866			412			1,061			2,339			1,047			86,785			90,171			-
Floor plan		-			-			-			-			-			40,903			40,903			-
		866			412			1,679			2,957			1,047			762,085			766,089			-
		1,196			1,618			9,350			12,164			10,986			1,266,582			1,289,732			-

	December 31, 2014
																						Loans 90+
																						Days Past
													Current									Due and
	30-59 Days			60-89 Days			90+ Days			Total Past			in Non-			Current						Still
	Past Due			Past Due			Past Due			Due			Accrual			Accruing			Total Loans			Accruing
	(In thousands)
Consumer
Credit cards		360			139			375			874			-			18,197			19,071			-
Overdrafts		20			-			-			20			-			287			307			-
Personal lines of credit		102			25			102			229			9			1,962			2,200			-
Personal loans		1,822			743			678			3,243			337			144,359			147,939			-
Cash collateral personal loans		275			39			9			323			-			16,920			17,243			-
		2,579			946			1,164			4,689			346			181,725			186,760			-
Auto and leasing		47,658			16,916			7,420			71,994			145			503,443			575,582			-
Total	$	94,218		$	45,366		$	116,065		$	255,649		$	19,730		$	2,568,446		$	2,843,825		$	3,354

The following tables present the aging of the recorded investment in gross acquired BBVAPR loans accounted for under ASC 310-20 as of December 31, 2015 and 2014, by class of loans:

	December 31, 2015
																						Loans 90+
																						Days Past
													Current									Due and
	30-59 Days			60-89 Days			90+ Days			Total Past			in Non-			Current						Still
	Past Due			Past Due			Past Due			Due			Accrual			Accruing			Total Loans			Accruing
	(In thousands)
Commercial
Commercial secured by real estate
Retail	$	-		$	-		$	228		$	228		$	-		$	-		$	228		$	-
Floor plan		-			-			467			467			-			2,422			2,889			-
		-			-			695			695			-			2,422			3,117			-
Other commercial and industrial
Retail		186			29			178			393			-			3,331			3,724			-
Floor plan		-			-			7			7			-			609			616			-
		186			29			185			400			-			3,940			4,340			-
		186			29			880			1,095			-			6,362			7,457			-
Consumer
Credit cards		930			384			489			1,803			-			33,414			35,217			-
Personal loans		14			29			46			89			-			3,079			3,168			-
		944			413			535			1,892			-			36,493			38,385			-
Auto		7,553			2,279			831			10,663			-			96,248			106,911			-
Total	$	8,683		$	2,721		$	2,246		$	13,650		$	-		$	139,103		$	152,753		$	-

	December 31, 2014
																						Loans 90+
																						Days Past
													Current									Due and
	30-59 Days			60-89 Days			90+ Days			Total Past			in Non-			Current						Still
	Past Due			Past Due			Past Due			Due			Accrual			Accruing			Total Loans			Accruing
	(In thousands)
Commercial
Commercial secured by real estate
Retail	$	-		$	-		$	351		$	351		$	-		$	-		$	351		$	-
Floor plan		-			62			345			407			-			3,724			4,131			-
		-			62			696			758			-			3,724			4,482			-
Other commercial and industrial
Retail		155			67			192			414			2			3,705			4,121			-
Floor plan		202			134			223			559			10			3,503			4,072			-
		357			201			415			973			12			7,208			8,193			-
		357			263			1,111			1,731			12			10,932			12,675			-
Consumer
Credit cards		1,376			654			1,399			3,429			-			38,419			41,848			-
Personal loans		151			47			77			275			-			3,221			3,496			-
		1,527			701			1,476			3,704			-			41,640			45,344			-
Auto		11,003			3,453			1,262			15,718			76			168,988			184,782			-
Total	$	12,887		$	4,417		$	3,849		$	21,153		$	88		$	221,560		$	242,801		$	-

Carrying Amounts Of Acquired Loans Tabular Disclosure [Table Text Block]

The carrying amount corresponding to acquired BBVAPR loans with deteriorated credit quality, including those accounted under ASC 310-30 by analogy, in the statements of financial condition at December 31, 2015 and 2014 is as follows:

		December 31,
		2015		2014
		(In thousands)
Contractual required payments receivable		$1,945,098		$2,394,378
Less: Non-accretable discount		$434,190		$456,627
Cash expected to be collected		1,510,908		1,937,751
Less: Accretable yield		361,688		445,946
Carrying amount, gross		1,149,220		1,491,805
Less: allowance for loan and lease losses		25,785		13,481
Carrying amount, net		$1,123,435		$1,478,324

Accretable Yield for Acquired Loans [Table Text Block]

The following tables describe the accretable yield and non-accretable discount activity of acquired BBVAPR loans accounted for under ASC 310-30 for the years ended December 31, 2015, 2014

	Year Ended December 31, 2015
	Mortgage			Commercial			Construction			Auto			Consumer			Total
	(In thousands)
Accretable Yield Activity:
Balance at beginning of period	$	298,364		$	61,196		$	25,829		$	53,998		$	6,559		$	445,946
Accretion		(34,842)			(39,268)			(10,161)			(23,463)			(4,379)			(112,113)
Change in expected cash flows		-			6,130			2,402			-			(1)			8,531
Transfer (to) from non-accretable discount		5,272			17,353			1,545			(8,957)			4,111			19,324
Balance at end of period	$	268,794		$	45,411		$	19,615		$	21,578		$	6,290		$	361,688
Non-Accretable Discount Activity:
Balance at beginning of period	$	389,839		$	23,069		$	3,486		$	16,215		$	24,018		$	456,627
Change in actual and expected losses		(9,795)			6,065			4,823			(3,133)			(1,073)			(3,113)
Transfer from (to) accretable yield		(5,272)			(17,353)			(1,545)			8,957			(4,111)			(19,324)
Balance at end of period	$	374,772		$	11,781		$	6,764		$	22,039		$	18,834		$	434,190

	Year Ended December 31, 2014
	Mortgage			Commercial			Construction			Auto			Consumer			Total
	(In thousands)
Accretable Yield Activity:
Balance at beginning of period	$	287,841		$	96,139		$	42,993		$	77,845		$	12,735		$	517,553
Accretion		(37,612)			(49,039)			(21,894)			(39,023)			(5,968)			(153,536)
Transfer (to) from non-accretable discount		48,135			14,096			4,730			15,176			(208)			81,929
Balance at end of period	$	298,364		$	61,196		$	25,829		$	53,998		$	6,559		$	445,946
Non-Accretable Discount Activity:
Balance at beginning of period	$	463,166		$	42,515		$	5,851		$	39,645		$	28,410		$	579,587
Change in actual and expected losses		(25,192)			(5,350)			2,365			(8,254)			(4,600)			(41,031)
Transfer from (to) accretable yield		(48,135)			(14,096)			(4,730)			(15,176)			208			(81,929)
Balance at end of period	$	389,839		$	23,069		$	3,486		$	16,215		$	24,018		$	456,627

	Year Ended December 31, 2013
	Mortgage			Commercial			Construction			Auto			Consumer			Total
	(In thousands)
Accretable Yield Activity:
Balance at beginning of period	$	328,243			145,173			30,802			126,803			24,812			655,833
Accretion		(42,740)			(59,998)			(29,557)			(55,255)			(11,628)			(199,178)
Transfer (to) from non-accretable discount		2,338			10,964			41,748			6,297			(449)			60,898
Balance at end of period	$	287,841			96,139			42,993			77,845			12,735			517,553
Non-Accretable Discount Activity:
Balance at beginning of period	$	502,857			60,275			62,803			55,733			32,794			714,462
Change in actual and expected losses		(37,353)			(6,796)			(15,204)			(9,791)			(4,833)			(73,977)
Transfer from (to) accretable yield		(2,338)			(10,964)			(41,748)			(6,297)			449			(60,898)
Balance at end of period	$	463,166			42,515			5,851			39,645			28,410			579,587

Eurobank loans carrying amount [Table Text Block]

Acquired Eurobank Loans

The carrying amount of acquired Eurobank loans at December 31, 2015 and 2014 is as follows:

	December 31
	2015			2014
	(In thousands)
Contractual required payments receivable	$	342,511		$	535,425
Less: Non-accretable discount		21,156			62,410
Cash expected to be collected		321,355			473,015
Less: Accretable yield		84,391			109,859
Carrying amount, gross		236,964			363,156
Less: Allowance for loan and lease losses		90,178			64,245
Carrying amount, net	$	146,786		$	298,911

Accretable Yield for Acquired Eurobank Loans [Table Text Block]

The following tables describe the accretable yield and non-accretable discount activity of acquired Eurobank loans for the years ended December 31, 2015, 2014 and 2013:

	Year Ended December 31, 2015
	Loans Secured by 1-4 Family Residential Properties			Commercial and Other Construction			Construction & Development Secured by 1-4 Family Residential Properties			Leasing			Consumer			Total
	(In thousands)
Accretable Yield Activity:
Balance at beginning of period	$	47,636		$	37,920		$	20,753		$	2,479		$	1,071		$	109,859
Accretion		(13,685)			(32,124)			(2,513)			(3,458)			(631)			(52,411)
Change in expected cash flows		4,631			44,660			(15,048)			(51)			305			34,497
Transfer from (to) non-accretable discount		13,372			(23,486)			(937)			1,030			2,467			(7,554)
Balance at end of period	$	51,954		$	26,970		$	2,255		$	-		$	3,212		$	84,391
Non-Accretable Discount Activity:
Balance at beginning of period	$	27,348		$	24,464		$	-		$	-		$	10,598		$	62,410
Change in actual and expected losses		(1,107)			(47,950)			(937)			1,030			156			(48,808)
Transfer from (to) accretable yield		(13,372)			23,486			937			(1,030)			(2,467)			7,554
Balance at end of period	$	12,869		$	-		$	-		$	-		$	8,287		$	21,156

	Year Ended December 31, 2014
	Loans Secured by 1-4 Family Residential Properties			Commercial and Other Construction			Construction & Development Secured by 1-4 Family Residential Properties			Leasing			Consumer			Total
	(In thousands)
Accretable Yield Activity:
Balance at beginning of period	$	53,250		$	95,093		$	1,690		$	10,238		$	2,688		$	162,959
Accretion		(15,731)			(57,099)			(4,102)			(9,837)			(2,200)			(88,969)
Transfer from (to) non-accretable discount		10,117			(74)			23,165			2,078			583			35,869
Balance at end of period	$	47,636		$	37,920		$	20,753		$	2,479		$	1,071		$	109,859
Non-Accretable Discount Activity:
Balance at beginning of period	$	39,182		$	81,092		$	-		$	-		$	9,203		$	129,477
Change in actual and expected losses		(1,717)			(56,702)			23,165			2,078			1,978			(31,198)
Transfer (to) from accretable yield		(10,117)			74			(23,165)			(2,078)			(583)			(35,869)
Balance at end of period	$	27,348		$	24,464		$	-		$	-		$	10,598		$	62,410

	Year Ended December 31, 2013
	Loans Secured by 1-4 Family Residential Properties			Commercial and Other Construction			Construction & Development Secured by 1-4 Family Residential Properties			Leasing			Consumer			Total
	(In thousands)
Accretable Yield Activity:
Balance at beginning of period	$	57,569		$	103,591		$	7,380		$	16,916		$	2,552		$	188,008
Accretion		(18,784)			(54,821)			(3,715)			(13,402)			(1,047)			(91,769)
Change in Expected Cash Flows		(12,328)			14,743			(2,514)			625			(526)			-
Transfer from (to) non-accretable discount		26,793			31,580			539			6,099			1,709			66,720
Balance at end of period	$	53,250		$	95,093		$	1,690		$	10,238		$	2,688		$	162,959
Non-Accretable Discount Activity:
Balance at beginning of period	$	66,021		$	154,185		$	-		$	6,345		$	11,004		$	237,555
Change in actual and expected losses		(46)			(41,513)			539			(246)			(92)			(41,358)
Transfer (to) from accretable yield		(26,793)			(31,580)			(539)			(6,099)			(1,709)			(66,720)
Balance at end of period	$	39,182		$	81,092		$	-		$	-		$	9,203		$	129,477

Financing Receivable Recorded Investment Nonaccrual Status By Class Of Loans [Table Text Block]

Non-accrual Loans

The following table presents the recorded investment in loans in non-accrual status by class of loans as of December 31, 2015 and 2014:

	December 31,			December 31,
	2015			2014
	(In thousands)
Originated and other loans and leases held for investment
Mortgage
Traditional (by origination year):
Up to the year 2002	$	3,786		$	4,427
Years 2003 and 2004		5,737			7,042
Year 2005		3,627			4,585
Year 2006		8,189			9,274
Years 2007, 2008 and 2009		14,625			8,579
Years 2010, 2011, 2012, 2013		10,588			7,365
Years 2014 and 2015		663			-
		47,215			41,272
Non-traditional		5,092			3,224
Loss mitigation program		20,172			20,934
		72,479			65,430
Home equity loans, secured personal loans		64			-
		72,543			65,430
Commercial
Commercial secured by real estate
Middle market		12,729			9,534
Retail		8,726			9,000
		21,455			18,534
Other commercial and industrial
Institutional		190,290			-
Middle market		1,565			618
Retail		1,932			2,527
Floor plan		39			-
		193,826			3,145
		215,281			21,679
Consumer
Credit cards		369			375
Personal lines of credit		100			110
Personal loans		1,146			1,092
Cash collateral personal loans		16			13
		1,631			1,590
Auto and leasing		8,418			8,668
Total non-accrual originated loans	$	297,873		$	97,367

	December 31,			December 31,
	2015			2014
	(In thousands)
Acquired BBVAPR loans accounted for under ASC 310-20
Commercial
Commercial secured by real estate
Retail	$	228		$	351
Floor plan		467			407
		695			758
Other commercial and industrial
Retail		178			195
Floor plan		7			234
		185			429
		880			1,187
Consumer
Credit cards		489			1,399
Personal loans		46			77
		535			1,476
Auto		831			1,512
Total non-accrual acquired BBVAPR loans accounted for under ASC 310-20		2,246			4,175
Total non-accrual loans	$	300,119		$	101,542

Impaired Financing Receivables [Table Text Block]

Originated and Other Loans and Leases Held for Investment

The Company’s recorded investment in 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 December 31, 2015 and 2014 are as follows:

	December 31, 2015
	Unpaid			Recorded			Related
	Principal			Investment			Allowance			Coverage
	(In thousands)
Impaired loans with specific allowance:
Commercial	$	210,718		$	199,366		$	55,947		13%
Residential impaired and troubled-debt restructuring		97,424			89,973			9,233		9%
Impaired loans with no specific allowance:
Commercial		42,110			35,928			N/A		N/A
Total investment in impaired loans	$	350,252		$	325,267		$	65,180		11%

	December 31, 2014
	Unpaid			Recorded			Related
	Principal			Investment			Allowance			Coverage
	(In thousands)
Impaired loans with specific allowance:
Commercial	$	6,349		$	6,226		$	841		14%
Residential impaired and troubled-debt restructuring		99,947			94,185			8,968		10%
Impaired loans with no specific allowance
Commercial		237,806			230,044			N/A		N/A
Total investment in impaired loans	$	344,102		$	330,455		$	9,809		3%

Acquired BBVAPR Loans

Loans Accounted for under ASC 310-20 (Loans with revolving feature and/or acquired at a premium)

The Company’s recorded investment in acquired BBVAPR commercial loans accounted for under ASC 310-20 that were individually evaluated for impairment and the related allowance for loan and lease losses at December 31, 2015 and 2014 are as follows:

	December 31, 2015
	Unpaid			Recorded			Related
	Principal			Investment			Allowance			Coverage
	(In thousands)
Impaired loans with no specific allowance
Commercial	$	486		$	474			N/A		N/A
Total investment in impaired loans	$	486		$	474		$	-		-
	December 31, 2014
	Unpaid			Recorded			Specific
	Principal			Investment			Allowance			Coverage
	(In thousands)
Impaired loans with no specific allowance
Commercial	$	672		$	672			N/A		N/A
Total investment in impaired loans	$	672		$	672		$	-		-

Loans Accounted for under ASC 310-30 (including those accounted for under ASC 310-30 by analogy)

The Company’s recorded investment in acquired BBVAPR loan pools accounted for under ASC 310-30 that have recorded impairments and their related allowance for loan and lease losses at December 31, 2015 and 2014 are as follows

	December 31, 2015
										Coverage
	Unpaid			Recorded						to Recorded
	Principal			Investment			Allowance			Investment
	(In thousands)
Impaired loan pools with specific allowance:
Mortgage	$	608,294		$	608,294		$	1,761		0%
Commercial		287,311			168,107			15,455		9%
Construction		88,180			87,983			5,707		6%
Auto		153,592			153,592			2,862		2%
Total investment in impaired loan pools	$	1,137,377		$	1,017,976		$	25,785		3%

	December 31 , 2014
										Coverage
	Unpaid			Recorded						to Recorded
	Principal			Investment			Allowance			Investment
	(In thousands)
Impaired loan pools with specific allowance:
Commercial		289,228			255,619			5,506		2%
Construction		90,786			83,751			7,970		10%
Consumer		35,812			29,888			5		0%
Total investment in impaired loan pools	$	415,826		$	369,258		$	13,481		4%

Acquired Eurobank Loans

The Company’s recorded investment in acquired Eurobank loan pools that have recorded impairments and their related allowance for loan and lease losses as of December 31, 2015 and 2014 are as follows:

	December 31, 2015
										Coverage
	Unpaid			Recorded						to Recorded
	Principal			Investment			Allowance			Investment
	(In thousands)
Impaired loan pools with specific allowance:
Loans secured by 1-4 family residential properties	$	101,444		$	92,273		$	22,570		24%
Commercial and construction		133,148			142,377			67,365		47%
Consumer		6,713			2,314			243		11%
Total investment in impaired loan pools	$	241,305		$	236,964		$	90,178		38%

	December 31, 2014
										Coverage
	Unpaid			Recorded			Specific			to Recorded
	Principal			Investment			Allowance			Investment
	(In thousands)
Impaired loan pools with specific allowance
Loans secured by 1-4 family residential properties	$	134,579		$	106,116		$	15,522		15%
Commercial and construction		151,017			93,631			48,334		52%
Consumer		7,992			4,506			389		9%
Total investment in impaired loan pools	$	293,588		$	204,253		$	64,245		31%

Impaired Financing Receivables Loans, excluding ASC 310-30 [Table Text Block]

The following table presents the interest recognized in commercial and mortgage loans that were individually evaluated for impairment, excluding loans accounted for under ASC 310-30, for the years ended 2015, 2014, and 2013:

	Year Ended December 31,
	2015							2014						2013
	Interest Income Recognized			Average Recorded Investment				Interest Income Recognized			Average Recorded Investment			Interest Income Recognized		Average Recorded Investment
	(In thousands)
Originated and other loans held for investment:
Impaired loans with specific allowance
Commercial	$	280		$	175,115		$	237		$	5,899		$	160		$	12,709
Residential troubled-debt restructuring		3,219			90,736			2,623			90,383			2,266			82,028
Impaired loans with no specific allowance
Commercial		1,350			64,356			9,400			90,748			1,139			26,188
Total interest income from impaired loans	$	4,849		$	330,207		$	12,260		$	187,030		$	3,565		$	120,925

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

Modifications

The following tables present the troubled-debt restructurings during the years ended 2015, 2014 and 2013

	Year Ended December 31, 2015
	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	160		$	21,053		5.42%		356		$	21,182		4.35%		272
Commercial	9			5,664		6.79%		66			13,174		4.57%		56
Consumer	64			611		13.85%		71			898		13.43%		60
Auto	5			130		10.51%		65			131		10.87%		61
	Year Ended December 31, 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	162			21,188		6.03%		350		$	20,958		4.25%		420
Commercial	26			200,446		7.25%		3			200,125		7.25%		10
Consumer	26			212		10.09%		56			240		12.96%		65
	Year Ended December 31, 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	145		$	20,143		6.52%		340		$	20,971		4.34%		409
Commercial	2			1,842		8.99%		87			1,842		4.00%		66
Consumer	2			15		13.43%		75			15		12.67%		67

Commercial troubled-debt during the year ended December 31, 2014 included 19 contracts with PREPA which amounted to $200.0 million.

The following table presents troubled-debt restructurings for which there was a payment default during the years ended 2015, 2014 and 2013:

	Year Ended December 31,
	2015						2014						2013
	Number of Contracts		Recorded Investment				Number of Contracts		Recorded Investment				Number of Contracts		Recorded Investment
	(Dollars in thousands)
Mortgage	65		$	7,387			15		$	1,700			15		$	1,689
Consumer	8		$	177			5		$	37			1		$	9
Auto	1		$	64			-		$	-			-		$	-

Financing Receivable Credit Quality Indicators [Table Text Block]

As of December 31, 2015 and 2014, and based on the most recent analysis performed, the risk category of gross originated and other loans and BBVAPR acquired loans accounted for under ASC 310-20 subject to risk rating by class of loans is as follows:

	December 31, 2015
	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	$	227,557		$	212,410		$	15,147		$	-		$	-		$	-
Institutional		33,807			25,907			-			-			-			7,900
Middle market		206,948			181,916			9,697			-			-			15,335
Retail		241,090			217,836			7,936			5,097			-			10,221
Floor plan		2,892			2,892			-			-			-			-
Real estate		16,662			16,662			-			-			-			-
		728,956			657,623			32,780			5,097			-			33,456
Other commercial and industrial:
Corporate		108,582			100,826			-			-			-			7,756
Institutional		380,985			190,695			-			-			-			190,290
Middle market		107,313			97,288			8,052			-			-			1,973
Retail		77,797			73,757			1,076			1,184			-			1,780
Floor plan		38,016			35,862			2,115			-			-			39
		712,693			498,428			11,243			1,184			-			201,838
Total		1,441,649			1,156,051			44,023			6,281			-			235,294
Commercial - acquired loans (under ASC 310-20)
Commercial secured by real estate:
Retail		228			-			-			228			-			-
Floor plan		2,889			602			1,820			-			-			467
		3,117			602			1,820			228			-			467
Other commercial and industrial:
Retail		3,724			3,637			-			87			-			-
Floor plan		616			609			-			-			-			7
		4,340			4,246			-			87			-			7
Total		7,457			4,848			1,820			315			-			474
Total	$	1,449,106		$	1,160,899		$	45,843		$	6,596		$	-		$	235,768

	December 31, 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	$	133,076		$	109,282		$	15,615		$	-		$	-		$	8,179
Institutional		36,611			27,089			9,284			-			-			238
Middle market		164,050			148,360			2,817			-			-			12,873
Retail		175,628			159,209			3,690			2,637			-			10,092
Floor plan		1,650			692			958			-			-			-
Real estate		12,628			12,628			-			-			-			-
		523,643			457,260			32,364			2,637			-			31,382
Other commercial and industrial:
Corporate		63,746			63,746			-			-			-			-
Institutional		478,935			278,953			-			-			-			199,982
Middle market		92,334			87,126			2,815			-			-			2,393
Retail		90,171			85,941			259			2,575			-			1,396
Floor plan		40,903			38,413			1,247			126			-			1,117
		766,089			554,179			4,321			2,701			-			204,888
Total		1,289,732			1,011,439			36,685			5,338			-			236,270
Commercial - acquired loans (under ASC 310-20)
Commercial secured by real estate:
Retail		351			-			-			351			-			-
Floor plan		4,131			3,724			-			-			-			407
		4,482			3,724			-			351			-			407
Other commercial and industrial:
Retail		4,121			4,080			8			33			-			-
Floor plan		4,072			3,807			-			-			-			265
		8,193			7,887			8			33			-			265
Total		12,675			11,611			8			384			-			672
Total	$	1,302,407		$	1,023,050		$	36,693		$	5,722		$	-		$	236,942

For residential and consumer loan classes, the Company evaluates credit quality based on the delinquency status of the loan. As of December 31, 2015 and 2014, and based on the most recent analysis performed, the risk category of gross originated and other loans and acquired BBVAPR loans accounted for under ASC 310-20 not subject to risk rating by class of loans is as follows:

	December 31, 2015
	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	$	57,789		$	50,912		$	82		$	2,218		$	530		$	1,504		$	1,858		$	685
Years 2003 and 2004		99,446			87,060			251			4,867			1,261			1,353			2,921			1,733
Year 2005		54,221			47,197			79			2,553			292			1,068			2,189			843
Year 2006		78,403			63,659			318			2,878			1,168			1,895			4,871			3,614
Years 2007, 2008 and 2009		91,546			71,439			170			1,665			685			2,972			10,725			3,890
Years 2010, 2011, 2012 2013		150,744			134,945			569			1,611			434			1,982			6,737			4,466
Years 2014 and 2015		85,856			85,128			-			65			148			281			234			-
		618,005			540,340			1,469			15,857			4,518			11,055			29,535			15,231
Non-traditional		29,552			23,497			-			977			552			2,621			1,905			-
Loss mitigation program		101,916			16,031			4,173			1,977			727			1,728			2,538			74,742
		749,473			579,868			5,642			18,811			5,797			15,404			33,978			89,973
Home equity secured personal loans		410			346			-			-			-			64			-			-
GNMA's buy-back option program		7,945			-			-			-			1,593			3,578			2,774			-
		757,828			580,214			5,642			18,811			7,390			19,046			36,752			89,973
Consumer
Credit cards		22,766			21,766			449			182			179			190			-			-
Overdrafts		190			166			24			-			-			-			-			-
Unsecured personal lines of credit		2,244			2,125			74			-			17			28			-			-
Unsecured personal loans		201,156			197,339			2,083			1,107			621			6			-			-
Cash collateral personal loans		16,594			16,450			125			17			2			-			-			-
		242,950			237,846			2,755			1,306			819			224			-			-
Auto and Leasing		669,163			590,482			53,549			16,839			5,708			2,585			-			-
		1,669,941			1,408,542			61,946			36,956			13,917			21,855			36,752			89,973
Acquired loans (accounted for under ASC 310-20)
Consumer
Credit cards		35,217			33,414			930			384			186			303			-			-
Personal loans		3,168			3,079			14			29			1			45			-			-
		38,385			36,493			944			413			187			348			-			-
Auto		106,911			96,247			7,553			2,279			623			209			-			-
		145,296			132,740			8,497			2,692			810			557			-			-
Total	$	1,815,237		$	1,541,282		$	70,443		$	39,648		$	14,727		$	22,412		$	36,752		$	89,973

	December 31, 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	$	65,744		$	53,432		$	3,963		$	3,083		$	1,044		$	1,360		$	1,975		$	887
Years 2003 and 2004		109,669			86,941			10,391			4,362			1,657			3,215			1,330			1,773
Year 2005		60,472			49,275			3,824			2,205			389			1,673			1,893			1,213
Year 2006		85,550			65,113			5,263			2,967			1,242			2,801			4,624			3,540
Years 2007, 2008 and 2009		93,489			76,246			4,230			1,809			337			3,986			2,813			4,068
Years 2010, 2011, 2012 2013		162,316			148,832			2,698			2,490			938			1,397			1,296			4,665
Year 2014		42,108			41,818			290			-			-			-			-			-
		619,348			521,657			30,659			16,916			5,607			14,432			13,931			16,146
Non-traditional		36,200			30,916			1,477			584			478			600			2,096			49
Loss mitigation program		93,443			10,882			995			1,123			802			405			1,246			77,990
		748,991			563,455			33,131			18,623			6,887			15,437			17,273			94,185
Home equity secured personal loans		517			517			-			-			-			-			-			-
GNMA's buy-back option program		42,243			-			-			-			6,416			20,729			15,098			-
		791,751			563,972			33,131			18,623			13,303			36,166			32,371			94,185
Consumer
Credit cards		19,071			18,198			360			139			171			203			-			-
Overdrafts		307			287			20			-			-			-			-			-
Unsecured personal lines of credit		2,200			1,970			102			25			38			62			3			-
Unsecured personal loans		147,939			144,696			1,822			743			623			55			-			-
Cash collateral personal loans		17,243			16,920			275			39			9			-			-			-
		186,760			182,071			2,579			946			841			320			3			-
Auto and Leasing		575,582			503,588			47,658			16,916			5,196			2,224			-			-
		1,554,093			1,249,631			83,368			36,485			19,340			38,710			32,374			94,185
Acquired loans (accounted for under ASC 310-20)
Consumer
Credit cards		41,848			38,419			1,376			654			589			810			-			-
Personal loans		3,496			3,221			151			47			39			38			-			-
		45,344			41,640			1,527			701			628			848			-			-
Auto		184,782			169,064			11,003			3,453			767			495			-			-
		230,126			210,704			12,530			4,154			1,395			1,343			-			-
Total	$	1,784,219		$	1,460,335		$	95,898		$	40,639		$	20,735		$	40,053		$	32,374		$	94,185

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