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Loans Receivable (Tables)

3 Months Ended

Mar. 31, 2016

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

Schedule Of Accounts Notes Loans And Financing Receivable Text Block

		March 31,			December 31,
	2016			2015
	(In thousands)
Originated and other loans and leases held for investment:
Mortgage	$	751,819		$	757,828
Commercial		1,425,385			1,441,649
Consumer		252,327			242,950
Auto and leasing		687,159			669,163
		3,116,690			3,111,590
Allowance for loan and lease losses on originated and other loans and leases		(113,238)			(112,626)
		3,003,452			2,998,964
Deferred loan costs, net		4,350			4,203
Total originated and other loans loans held for investment, net		3,007,802			3,003,167
Acquired loans:
Acquired BBVAPR loans:
Accounted for under ASC 310-20 (Loans with revolving feature and/or
acquired at a premium)
Commercial		6,558			7,457
Consumer		36,346			38,385
Auto		91,406			106,911
		134,310			152,753
Allowance for loan and lease losses on acquired BBVAPR loans accounted for under ASC 310-20		(4,993)			(5,542)
		129,317			147,211
Accounted for under ASC 310-30 (Loans acquired with deteriorated
credit quality, including those by analogy)
Mortgage		600,901			608,294
Commercial		267,931			287,311
Construction		77,858			88,180
Consumer		9,345			11,843
Auto		134,669			153,592
		1,090,704			1,149,220
Allowance for loan and lease losses on acquired BBVAPR loans accounted for under ASC 310-30		(27,747)			(25,785)
		1,062,957			1,123,435
Total acquired BBVAPR loans, net		1,192,274			1,270,646
Acquired Eurobank loans:
Loans secured by 1-4 family residential properties		91,113			92,273
Commercial and construction		142,298			142,377
Consumer		1,770			2,314
Total acquired Eurobank loans		235,181			236,964
Allowance for loan and lease losses on Eurobank loans		(92,293)			(90,178)
Total acquired Eurobank loans, net		142,888			146,786
Total acquired loans, net		1,335,162			1,417,432
Total held for investment, net		4,342,964			4,420,599
Mortgage loans held-for-sale		17,165			13,614
Total loans, net	$	4,360,129		$	4,434,213

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 March 31, 2016 and December 31, 2015 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

	March 31, 2016
																						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	$	82		$	1,218		$	3,208		$	4,508		$	40		$	51,085		$	55,633		$	268
Years 2003 and 2004		388			3,579			5,844			9,811			20			87,458			97,289			-
Year 2005		313			1,893			3,864			6,070			-			47,421			53,491			-
Year 2006		634			1,238			7,212			9,084			233			66,753			76,070			-
Years 2007, 2008 and 2009		282			1,417			14,128			15,827			-			72,650			88,477			705
Years 2010, 2011, 2012, 2013		511			2,015			9,017			11,543			-			136,702			148,245			271
Years 2014, 2015 and 2016		-			444			1,099			1,543			63			91,213			92,819			-
		2,210			11,804			44,372			58,386			356			553,282			612,024			1,244
Non-traditional		-			395			5,014			5,409			12			22,286			27,707			-
Loss mitigation program		10,679			6,537			16,411			33,627			4,580			65,804			104,011			3,422
		12,889			18,736			65,797			97,422			4,948			641,372			743,742			4,666
Home equity secured personal loans		-			-			-			-			-			393			393			-
GNMA's buy-back option program		-			-			7,684			7,684			-			-			7,684			-
Total mortgage		12,889			18,736			73,481			105,106			4,948			641,765			751,819			4,666
Commercial
Commercial secured by real estate:
Corporate		-			-			-			-			-			228,782			228,782			-
Institutional		-			-			-			-			-			27,584			27,584			-
Middle market		-			-			9,498			9,498			2,515			196,890			208,903			-
Retail		644			455			7,088			8,187			2,659			233,174			244,020			-
Floor plan		-			-			-			-			-			2,859			2,859			-
Real estate		-			-			-			-			-			16,372			16,372			-
		644			455			16,586			17,685			5,174			705,661			728,520			-
Other commercial and industrial:
Corporate		-			-			-			-			-			120,881			120,881			-
Institutional		-			-			-			-			186,675			176,580			363,255			-
Middle market		-			-			-			-			1,493			102,295			103,788			-
Retail		260			948			706			1,914			21			72,689			74,624			-
Floor plan		28			18			41			87			-			34,230			34,317			-
		288			966			747			2,001			188,189			506,675			696,865			-
Total commercial		932			1,421			17,333			19,686			193,363			1,212,336			1,425,385			-

	March 31, 2016
																						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		387			159			422			968			-			22,397			23,365			-
Overdrafts		17			-			-			17			-			203			220			-
Personal lines of credit		51			49			53			153			3			2,194			2,350			-
Personal loans		2,518			927			1,104			4,549			434			205,240			210,223			-
Cash collateral personal loans		214			19			14			247			-			15,922			16,169			-
Total consumer		3,187			1,154			1,593			5,934			437			245,956			252,327			-
Auto and leasing		53,801			17,203			7,742			78,746			57			608,356			687,159			-
Total	$	70,809		$	38,514		$	100,149		$	209,472		$	198,805		$	2,708,413		$	3,116,690		$	4,666

	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			-
Total mortgage		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			-
Total commercial		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			-
Total consumer		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

The following tables present the aging of the recorded investment in gross acquired BBVAPR loans accounted for under ASC 310-20 as March 31, 2016 and December 31, 2015, by class of loans:

	March 31, 2016
																						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	$	-		$	-		$	214		$	214		$	-		$	-		$	214		$	-
Floor plan		-			-			457			457			-			2,363			2,820			-
		-			-			671			671			-			2,363			3,034			-
Other commercial and industrial
Retail		68			8			177			253			-			3,264			3,517			-
Floor plan		-			-			7			7			-			-			7			-
		68			8			184			260			-			3,264			3,524			-
		68			8			855			931			-			5,627			6,558			-
Consumer
Credit cards		650			328			779			1,757			-			31,631			33,388			-
Personal loans		37			9			9			55			-			2,903			2,958			-
		687			337			788			1,812			-			34,534			36,346			-
Auto		6,895			2,108			553			9,556			-			81,850			91,406			-
Total	$	7,650		$	2,453		$	2,196		$	12,299		$	-		$	122,011		$	134,310		$	-

	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		$	-

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 March 31, 2016 and December 31, 2015 is as follows:

		March 31,		December 31,
		2016		2015
		(In thousands)
Contractual required payments receivable		$1,860,343		$1,945,098
Less: Non-accretable discount		$428,976		$434,190
Cash expected to be collected		1,431,367		1,510,908
Less: Accretable yield		340,663		361,688
Carrying amount, gross		1,090,704		1,149,220
Less: allowance for loan and lease losses		27,747		25,785
Carrying amount, net		$1,062,957		$1,123,435

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

	Quarter Ended March 31, 2016
	Mortgage			Commercial			Construction			Auto			Consumer			Total
	(In thousands)
Accretable Yield Activity:
Balance at beginning of period	$	268,794		$	45,411		$	19,615		$	21,578		$	6,290		$	361,688
Accretion		(8,307)			(5,839)			(1,869)			(4,211)			(938)			(21,164)
Change in expected cash flows		-			128			200			1			-			329
Transfer from (to) non-accretable discount		70			402			(790)			219			(91)			(190)
Balance at end of period	$	260,557		$	40,102		$	17,156		$	17,587		$	5,261		$	340,663
Non-Accretable Discount Activity:
Balance at beginning of period	$	374,772		$	11,781		$	6,764		$	22,039		$	18,834		$	434,190
Change in actual and expected cash flows		(4,547)			(663)			(122)			118			(190)			(5,404)
Transfer (to) from accretable yield		(70)			(402)			790			(219)			91			190
Balance at end of period	$	370,155		$	10,716		$	7,432		$	21,938		$	18,735		$	428,976

	Quarter Ended March 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		(8,987)			(10,759)			(3,810)			(6,988)			(926)			(31,470)
Transfer (to) from non-accretable discount		(4,765)			6,893			(2,629)			87			(32)			(446)
Balance at end of period	$	284,612		$	57,330		$	19,390		$	47,097		$	5,601		$	414,030
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 cash flows		(1,995)			(350)			(2,158)			(1,585)			(474)			(6,562)
Transfer from (to) accretable yield		4,765			(6,893)			2,629			(87)			32			446
Balance at end of period	$	392,609		$	15,826		$	3,957		$	14,543		$	23,576		$	450,511

Eurobank loans carrying amount [Table Text Block]

Acquired Eurobank Loans

The carrying amount of acquired Eurobank loans at March 31, 2016 and December 31, 2015 is as follows:

		March 31			December 31
	2016			2015
	(In thousands)
Contractual required payments receivable	$	334,111		$	342,511
Less: Non-accretable discount		12,703			21,156
Cash expected to be collected		321,408			321,355
Less: Accretable yield		86,227			84,391
Carrying amount, gross		235,181			236,964
Less: Allowance for loan and lease losses		92,293			90,178
Carrying amount, net	$	142,888		$	146,786

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 quarters ended March 31, 2016 and 2015:

	Quarter Ended March 31, 2016
	Loans Secured by 1-4 Family Residential Properties			Commercial and Other Construction			Construction & Development Secured by 1-4 Family Residential Properties			Consumer			Total
	(In thousands)
Accretable Yield Activity:
Balance at beginning of period	$	51,954		$	26,970		$	2,255		$	3,213		$	84,392
Accretion		(2,266)			(4,095)			(14)			(1,185)			(7,560)
Change in expected cash flows		984			11,093			(23)			(2,028)			10,026
Transfer from (to) non-accretable discount		115			(765)			19			-			(631)
Balance at end of period	$	50,787		$	33,203		$	2,237		$	-		$	86,227
Non-Accretable Discount Activity:
Balance at beginning of period	$	12,869		$	-		$	-		$	8,287		$	21,156
Change in actual and expected cash flows		(51)			(765)			19			(8,287)			(9,084)
Transfer (to) from accretable yield		(115)			765			(19)			-			631
Balance at end of period	$	12,703		$	-		$	-		$	-		$	12,703

	Quarter Ended March 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		$	37,919		$	20,753		$	2,479		$	1,072		$	109,859
Accretion		(3,518)			(9,855)			(619)			(1,392)			(120)			(15,504)
Transfer from non-accretable discount		14,214			5,417			672			578			1,052			21,933
Balance at end of period	$	58,332		$	33,481		$	20,806		$	1,665		$	2,004		$	116,288
Non-Accretable Discount Activity:
Balance at beginning of period	$	27,348		$	24,464		$	-		$	-		$	10,598		$	62,410
Change in actual and expected cash flows		(577)			(8,554)			672			578			116			(7,765)
Transfer to accretable yield		(14,214)			(5,417)			(672)			(578)			(1,052)			(21,933)
Balance at end of period	$	12,557		$	10,493		$	-		$	-		$	9,662		$	32,712

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 March 31, 2016 and December 31, 2015:

	March 31,			December 31,
	2016			2015
	(In thousands)
Originated and other loans and leases held for investment
Mortgage
Traditional (by origination year):
Up to the year 2002	$	3,051		$	3,786
Years 2003 and 2004		5,958			5,737
Year 2005		3,941			3,627
Year 2006		7,532			8,189
Years 2007, 2008 and 2009		13,742			14,625
Years 2010, 2011, 2012, 2013		9,056			10,588
Years 2014, 2015 and 2016		1,162			663
		44,442			47,215
Non-traditional		5,055			5,092
Loss mitigation program		19,630			20,172
		69,127			72,479
Home equity loans, secured personal loans		-			64
		69,127			72,543
Commercial
Commercial secured by real estate
Middle market		12,012			12,729
Retail		10,597			8,726
		22,609			21,455
Other commercial and industrial
Institutional		186,675			190,290
Middle market		1,493			1,565
Retail		1,527			1,932
Floor plan		41			39
		189,736			193,826
		212,345			215,281
Consumer
Credit cards		422			369
Personal lines of credit		64			100
Personal loans		1,539			1,146
Cash collateral personal loans		14			16
		2,039			1,631
Auto and leasing		7,873			8,418
Total non-accrual originated loans	$	291,384		$	297,873

	March 31,			December 31,
	2016			2015
	(In thousands)
Acquired BBVAPR loans accounted for under ASC 310-20
Commercial
Commercial secured by real estate
Retail	$	214		$	228
Floor plan		456			467
		670			695
Other commercial and industrial
Retail		177			178
Floor plan		7			7
		184			185
		854			880
Consumer
Credit cards		779			489
Personal loans		9			46
		788			535
Auto		572			831
Total non-accrual acquired BBVAPR loans accounted for under ASC 310-20		2,214			2,246
Total non-accrual loans	$	293,598		$	300,119

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 March 31, 2016 and December 31, 2015 are as follows:

	March 31, 2016
	Unpaid			Recorded			Related
	Principal			Investment			Allowance			Coverage
	(In thousands)
Impaired loans with specific allowance:
Commercial	$	211,543		$	196,997		$	56,580		29%
Residential impaired and troubled-debt restructuring		98,610			90,772			9,135		10%
Impaired loans with no specific allowance:
Commercial		37,034			29,656			-		0%
Total investment in impaired loans	$	347,187		$	317,425		$	65,715		21%

	December 31, 2015
	Unpaid			Recorded			Related
	Principal			Investment			Allowance			Coverage
	(In thousands)
Impaired loans with specific allowance:
Commercial	$	210,718		$	199,366		$	55,947		29%
Residential impaired and troubled-debt restructuring		97,424			89,973			9,233		10%
Impaired loans with no specific allowance
Commercial		42,110			35,928			-		0%
Total investment in impaired loans	$	350,252		$	325,267		$	65,180		21%

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 March 31, 2016 and December 31, 2015 are as follows:

	March 31, 2016
	Unpaid			Recorded			Related
	Principal			Investment			Allowance			Coverage
	(In thousands)
Impaired loans with no specific allowance
Commercial	$	478		$	464		$	-		0%
Total investment in impaired loans	$	478		$	464		$	-		0%
	December 31, 2015
	Unpaid			Recorded			Specific
	Principal			Investment			Allowance			Coverage
	(In thousands)
Impaired loans with no specific allowance
Commercial	$	486		$	474		$	-		0%
Total investment in impaired loans	$	486		$	474		$	-		0%

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 March 31, 2016 and December 31, 2015 are as follows

	March 31, 2016
										Coverage
	Unpaid			Recorded						to Recorded
	Principal			Investment			Allowance			Investment
	(In thousands)
Impaired loan pools with specific allowance:
Mortgage	$	600,901		$	600,901		$	1,762		0%
Commercial		267,931			164,913			15,668		10%
Construction		77,619			77,619			4,762		6%
Auto		134,669			134,669			5,555		4%
Total investment in impaired loan pools	$	1,081,120		$	978,102		$	27,747		3%

	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		$	1,762		0%
Commercial		287,311			168,107			15,454		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%

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 March 31, 2016 and December 31, 2015 are as follows:

	March 31, 2016
										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	$	96,028		$	91,113		$	23,961		26%
Commercial and construction		130,042			142,298			68,089		48%
Consumer		1,708			1,770			243		14%
Total investment in impaired loan pools	$	227,778		$	235,181		$	92,293		39%

	December 31, 2015
										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	$	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%

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

The tables above only present information with respect to acquired Eurobank loans and loan pools accounted for under ASC 310-30 if there is a recorded impairment to such loans or loan pools and a specific allowance for loan losses.

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 quarters ended March 31, 2016 and 2015:

	Quarter Ended March 31,
	2016						2015
	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	$	71		$	196,795		$	3,695		$	79,873
Residential troubled-debt restructuring		798			90,292			733			93,391
Impaired loans with no specific allowance
Commercial		270			33,626			241			161,568
		1,139			320,713			4,669			334,832
Acquired loans accounted for under ASC 310-20:
Impaired loans with no specific allowance
Commercial		-			467			12			2,401
Total interest income from impaired loans	$	1,139		$	321,180		$	4,681		$	337,233

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

Modifications

The following tables present the troubled-debt restructurings during the

	Quarter Ended March 31, 2016
	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	33		$	3,957		6.03%		361		$	4,854		4.83%		493
Commercial	2			655		6.81%		41			656		6.71%		36
Consumer	21			192		14.28%		75			231		11.15%		72
	Quarter Ended March 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	51		$	6,182		4.00%		356		$	6,054		4.02%		357
Commercial	3			4,505		6.83%		80			4,505		7.00%		141
Consumer	11			146		14.67%		75			182		14.80%		66

The following table presents troubled-debt restructurings for which there was a payment default during the twelve-month periods ended March 31, 2016 and 2015:

	Twelve Month Period Ended March 31,
	2016						2015
	Number of Contracts		Recorded Investment				Number of Contracts		Recorded Investment
	(Dollars in thousands)
Mortgage	31		$	3,732			60		$	6,963
Consumer	3		$	77			6		$	81
Auto	1		$	17			-		$	-

Financing Receivable Credit Quality Indicators [Table Text Block]

As of March 31, 2016 and December 31, 2015, 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:

	March 31, 2016
	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	$	228,782		$	213,714		$	15,068		$	-		$	-		$	-
Institutional		27,584			25,779			-			-			-			1,805
Middle market		208,903			180,248			14,078			189			-			14,388
Retail		244,020			219,150			7,592			5,069			-			12,209
Floor plan		2,859			2,859			-			-			-			-
Real estate		16,372			16,372			-			-			-			-
		728,520			658,122			36,738			5,258			-			28,402
Other commercial and industrial:
Corporate		120,881			113,235			-			-			-			7,646
Institutional		363,255			176,580			-			-			-			186,675
Middle market		103,788			92,896			8,787			218			-			1,887
Retail		74,624			69,644			1,749			1,227			-			2,004
Floor plan		34,317			34,195			-			83			-			39
		696,865			486,550			10,536			1,528			-			198,251
Total		1,425,385			1,144,672			47,274			6,786			-			226,653
Commercial - acquired loans (under ASC 310-20)
Commercial secured by real estate:
Retail		214			-			-			214			-			-
Floor plan		2,820			574			1,789			-			-			457
		3,034			574			1,789			214			-			457
Other commercial and industrial:
Retail		3,517			3,444			-			73			-			-
Floor plan		7			-			-			-			-			7
		3,524			3,444			-			73			-			7
Total		6,558			4,018			1,789			287			-			464
Total	$	1,431,943		$	1,148,690		$	49,063		$	7,073		$	-		$	227,117

	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

For residential and consumer loan classes, the Company evaluates credit quality based on the delinquency status of the loan. As of March 31, 2016 and December 31, 2015, 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:

	March 31, 2016
	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	$	55,633		$	50,439		$	82		$	1,219		$	629		$	1,352		$	1,229		$	683
Years 2003 and 2004		97,289			85,896			388			3,580			1,681			1,552			2,444			1,748
Year 2005		53,491			46,578			314			1,893			315			1,412			2,140			839
Year 2006		76,070			63,614			402			1,238			816			1,620			4,775			3,605
Years 2007, 2008 and 2009		88,477			69,491			282			1,420			997			2,909			9,617			3,761
Years 2010, 2011, 2012 2013		148,245			134,179			452			1,819			69			1,777			5,866			4,083
Years 2014, 2015 and 2016		92,819			91,277			-			444			639			225			234			-
		612,024			541,474			1,920			11,613			5,146			10,847			26,305			14,719
Non-traditional		27,707			22,299			-			395			128			2,337			2,548			-
Loss mitigation program		104,011			17,800			2,890			1,953			669			1,498			3,148			76,053
		743,742			581,573			4,810			13,961			5,943			14,682			32,001			90,772
Home equity secured personal loans		393			393			-			-			-			-			-			-
GNMA's buy-back option program		7,684			-			-			-			805			3,730			3,149			-
		751,819			581,966			4,810			13,961			6,748			18,412			35,150			90,772
Consumer
Credit cards		23,365			22,403			387			153			192			230			-			-
Overdrafts		220			203			17			-			-			-			-			-
Unsecured personal lines of credit		2,350			2,197			51			49			22			31			-			-
Unsecured personal loans		210,223			205,756			2,458			920			1,082			7			-			-
Cash collateral personal loans		16,169			15,922			214			19			14			-			-			-
		252,327			246,481			3,127			1,141			1,310			268			-			-
Auto and Leasing		687,159			608,442			53,801			17,203			5,572			2,141			-			-
		1,691,305			1,436,889			61,738			32,305			13,630			20,821			35,150			90,772
Acquired loans (accounted for under ASC 310-20)
Consumer
Credit cards		33,388			31,631			650			328			287			492			-			-
Personal loans		2,959			2,903			37			9			-			10			-			-
		36,346			34,534			687			337			287			502			-			-
Auto		91,406			81,849			6,895			2,108			342			212			-			-
		127,752			116,383			7,582			2,445			629			714			-			-
Total	$	1,819,057		$	1,553,272		$	69,320		$	34,750		$	14,259		$	21,535		$	35,150		$	90,772

	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
Year 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

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+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 55
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=32702940&loc=SL6953803-111525

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-Publisher FASB
-Name Accounting Standards Codification
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-Publisher FASB
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Tabular disclosure of financing receivables that are past due but not impaired, financing receivables that are 90 days past due and still accruing, and financing receivables on nonaccrual status.

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Tabular disclosure of nonaccrual and past due financing receivables (such as loans and trade receivables), including: (a) the recorded investment in loans and trade receivables, if applicable, on nonaccrual status as of each balance sheet date (b) the recorded investment in loans and trade receivables, if applicable, past due 90 days or more and still accruing.

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Tabular disclosure of financing receivables and troubled debt restructurings.

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