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Borrowings (Tables)

12 Months Ended

Dec. 31, 2015

Schedule Of Repurchase Agreement Counterparty [Table Text Block]

At December 31, 2015 and 2014, securities sold under agreements to repurchase (classified by counterparty), excluding accrued interest in the amount of $2.2 million and $2.3 million, respectively, were as follows:

	December 31,
	2015				2014
			Fair Value of				Fair Value of
	Borrowing		Underlying		Borrowing		Underlying
	Balance		Collateral		Balance		Collateral
	(In thousands)
JP Morgan Chase Bank NA		262,500		283,483		307,816		328,198
Credit Suisse Securities (USA) LLC		670,000		737,887		670,000		760,327
Total	$	932,500	$	1,021,370	$	977,816	$	1,088,525

Schedule of Repurchase Agreement by Maturity [Table text Block]

The following table shows a summary of the Company’s repurchase agreements and their terms, excluding accrued interest in the amount of $2.2 million, at December 31, 2015:

			Weighted-
	Borrowing		Average		Maturity
Year of Maturity	Balance		Coupon	Settlement Date	Date
	(In thousands)
2016		170,000	1.500%	12/6/2012	12/8/2016
		232,500	0.950%	12/10/2012	9/30/2016
		30,000	0.700%	12/3/2015	1/5/2016

2017		500,000	4.780%	3/2/2007	3/2/2017
	$	932,500	3.100%

Schedule of Repurchase Agreements [Table]

	December 31, 2015
					Market Value of Underlying Collateral

			Weighted		FNMA and					US Treasury
	Repurchase		Average		FHLMC		GNMA			Treasury
	Liability		Rate		Certificates		Certificates			Notes	Total
	(Dollars in thousands)
Less than 90 days		30,000		0.70%		31,961		-		-		31,961
Over 90 days		902,500		3.18%		974,698		2,131		12,580		989,409
Total	$	932,500		3.10%	$	1,006,659	$	2,131	$	12,580	$	1,021,370

	December 31, 2014
					Market Value of Underlying Collateral

			Weighted		FNMA and
	Repurchase		Average		FHLMC		GNMA
	Liability		Rate		Certificates		Certificates		Total
	(Dollars in thousands)
Less than 90 days	$	52,816		0.39%	$	56,066	$	-	$	56,066
Over 90 days		925,000		2.83%		1,031,206		1,253		1,032,459

Total	$	977,816		2.89%	$	1,087,272	$	1,253	$	1,088,525

Repurchased Agreements Other Details[Table Text Block]

	December 31,
	2015		2014
	(In thousands)
Average daily aggregate balance outstanding	$	1,012,756	$	1,041,378
Maximum outstanding balance at any month-end	$	1,158,945	$	1,149,167
Weighted average interest rate during the year		2.92%		2.85%
Weighted average interest rate at year end		3.10%		2.95%

Federal Home Loan Bank Advances Maturities Summary [Table Text Block]

December 31, 2015.

The following table shows a summary of these advances and their terms, excluding accrued interest in the amount of $362 thousand, at December 31, 2015:

			Weighted-
		Borrowing	Average		Maturity
Year of Maturity		Balance	Coupon	Settlement Date	Date
		(In thousands)
2016	$	25,000	0.56%	12/4/2015	1/4/2016
		50,000	0.66%	12/10/2015	1/11/2016
		100,000	0.64%	12/16/2015	1/19/2016
		25,000	0.59%	12/24/2015	1/25/2016
		25,000	0.53%	12/30/2015	1/29/2016
		37,982	0.49%	12/1/2015	1/4/2016
		262,982

2017		4,267	1.24%	4/3/2012	4/3/2017

2018		30,000	2.19%	1/16/2013	1/16/2018
		25,000	2.18%	1/16/2013	1/16/2018
		55,000

2020		9,865	2.59%	7/19/2013	7/20/2020
	$	332,114	0.93%

Redemtion Funds [Table Text Block]

Under the requirements of Puerto Rico Banking Act, the Bank must establish a redemption fund for the subordinated capital notes by transferring from undivided profits pre-established amounts as follows:

	Redemption fund
	(In thousands)
Redemption fund at December 31, 2015	$	61,975
2016		5,025
	$	67,000