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Allowance for Loan and Lease Losses (Tables) | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2015 | Jun. 30, 2016
Loans Receivable [Abstract] |  |
Allowance for Credit Losses on Financing Receivables [Table Text Block] |
| Six-Month Period Ended June 30, 2016
| Commercial |  | Consumer |  | Auto |  | Unallocated |  | Total
| (In thousands)
Allowance for loan and lease losses for acquired BBVAPR loans accounted for under ASC 310-20: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of year | $ | 26 |  | $ | 3,429 |  | $ | 2,087 |  | $ | - |  | $ | 5,542
Charge-offs |  | (19) |  |  | (1,825) |  |  | (1,308) |  |  | - |  |  | (3,152)
Recoveries |  | 40 |  |  | 169 |  |  | 1,044 |  |  | - |  |  | 1,253
Provision (recapture) for acquired BBVAPR loan and lease losses accounted for under ASC 310-20 |  | (26) |  |  | 1,229 |  |  | (359) |  |  | - |  |  | 844
Balance at end of year | $ | 21 |  | $ | 3,002 |  | $ | 1,464 |  | $ | - |  | $ | 4,487
| Six-Month Period Ended June 30, 2015
| Commercial |  | Consumer |  | Auto |  | Unallocated |  | Total
| (In thousands)
Allowance for loan and lease losses for acquired BBVAPR loans accounted for under ASC 310-20: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of year | $ | 65 |  | $ | 1,211 |  | $ | 3,321 |  | $ | - |  | $ | 4,597
Charge-offs |  | (16) |  |  | (2,686) |  |  | (2,304) |  |  | - |  |  | (5,006)
Recoveries |  | 17 |  |  | 563 |  |  | 1,072 |  |  | - |  |  | 1,652
Provision (recapture) for acquired loan and lease losses accounted for under ASC 310-20 |  | (12) |  |  | 3,528 |  |  | 770 |  |  | - |  |  | 4,286
Balance at end of period | $ | 54 |  | $ | 2,616 |  | $ | 2,859 |  | $ | - |  | $ | 5,529
| The composition of the Company’s allowance for loan and lease losses at June 30, 2016 and December 31, 2015 was as follows:
| June 30, |  | December 31,
| 2016 |  | 2015
| (In thousands)
Allowance for loans and lease losses on non-acquired loans: |  |  |  |  |
Originated and other loans and leases held for investment: |  |  |  |  |
Mortgage | $ | 18,537 |  | $ | 18,352
Commercial |  | 63,144 |  |  | 64,791
Consumer |  | 11,771 |  |  | 11,197
Auto and leasing |  | 19,259 |  |  | 18,261
Unallocated |  | 101 |  |  | 25
Total allowance for originated and other loans and lease losses |  | 112,812 |  |  | 112,626
Acquired loans: |  |  |  |  |
Acquired BBVAPR loans: |  |  |  |  |
Accounted for under ASC 310-20 (Loans with revolving feature and/or |  |  |  |  |
acquired at a premium) |  |  |  |  |
Commercial |  | 21 |  |  | 26
Consumer |  | 3,002 |  |  | 3,429
Auto |  | 1,464 |  |  | 2,087
|  | 4,487 |  |  | 5,542
Accounted for under ASC 310-30 (Loans acquired with deteriorated |  |  |  |  |
credit quality, including those by analogy) (a) |  |  |  |  |
Mortgage |  | 1,585 |  |  | 1,762
Commercial |  | 15,863 |  |  | 21,161
Auto |  | 5,353 |  |  | 2,862
|  | 22,801 |  |  | 25,785
Total allowance for acquired BBVAPR loans and lease losses |  | 27,288 |  |  | 31,327
Acquired Eurobank loans: (a) |  |  |  |  |
Loans secured by 1-4 family residential properties |  | 11,016 |  |  | 22,570
Commercial and other construction |  | 11,096 |  |  | 67,365
Consumer |  | 4 |  |  | 243
Total allowance for acquired Eurobank loan and lease losses (a) |  | 22,116 |  |  | 90,178
Total allowance for loan and lease losses (a) | $ | 162,216 |  | $ | 234,131
(a) A portion of the allowance for loan and lease losses associated with purchased credit impaired loans was derecognized on June 30, 2016 due to the revision in the derecognition policy for these loans.
Allowance for Originated and Other Loan and Lease Losses Held for Investment The following tables present the activity in our allowance for loan and lease losses and the related recorded investment of the origina ted and other loans held for investment by segment for the periods indicated:
| Quarter Ended June 30, 2016
| Mortgage |  | Commercial |  | Consumer |  | Auto and Leasing |  | Unallocated |  | Total
| (In thousands)
Allowance for loan and lease losses for originated and other loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 18,784 |  | $ | 64,206 |  | $ | 11,414 |  | $ | 18,716 |  | $ | 118 |  | $ | 113,238
Charge-offs |  | (1,374) |  |  | (833) |  |  | (2,811) |  |  | (8,100) |  |  | - |  |  | (13,118)
Recoveries |  | 36 |  |  | 228 |  |  | 133 |  |  | 3,243 |  |  | - |  |  | 3,640
Provision (recapture) for originated and other loans and lease losses |  | 1,091 |  |  | (457) |  |  | 3,035 |  |  | 5,400 |  |  | (17) |  |  | 9,052
Balance at end of period | $ | 18,537 |  | $ | 63,144 |  | $ | 11,771 |  | $ | 19,259 |  | $ | 101 |  | $ | 112,812
| Six-Month Period Ended June 30, 2016
| Mortgage |  | Commercial |  | Consumer |  | Auto and Leasing |  | Unallocated |  | Total
| (In thousands)
Allowance for loan and lease losses for originated and other loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 18,352 |  | $ | 64,791 |  | $ | 11,197 |  | $ | 18,261 |  | $ | 25 |  | $ | 112,626
Charge-offs |  | (3,036) |  |  | (1,844) |  |  | (5,138) |  |  | (16,462) |  |  | - |  |  | (26,480)
Recoveries |  | 181 |  |  | 316 |  |  | 235 |  |  | 6,222 |  |  | - |  |  | 6,954
Provision (recapture) for loan and lease losses |  | 3,040 |  |  | (119) |  |  | 5,477 |  |  | 11,238 |  |  | 76 |  |  | 19,712
Balance at end of period | $ | 18,537 |  | $ | 63,144 |  | $ | 11,771 |  | $ | 19,259 |  | $ | 101 |  | $ | 112,812
| June 30, 2016
| Mortgage |  | Commercial |  | Consumer |  | Auto and Leasing |  | Unallocated |  | Total
| (In thousands)
Allowance for loan and lease losses on originated and other loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending allowance balance attributable to loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 8,864 |  | $ | 56,758 |  | $ | - |  | $ | - |  | $ | - |  | $ | 65,622
Collectively evaluated for impairment |  | 9,673 |  |  | 6,386 |  |  | 11,771 |  |  | 19,259 |  |  | 101 |  |  | 47,190
Total ending allowance balance | $ | 18,537 |  | $ | 63,144 |  | $ | 11,771 |  | $ | 19,259 |  | $ | 101 |  | $ | 112,812
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 90,948 |  | $ | 217,960 |  | $ | - |  | $ | - |  | $ | - |  | $ | 308,908
Collectively evaluated for impairment |  | 650,969 |  |  | 1,258,653 |  |  | 265,269 |  |  | 712,268 |  |  | - |  |  | 2,887,159
Total ending loan balance | $ | 741,917 |  | $ | 1,476,613 |  | $ | 265,269 |  | $ | 712,268 |  | $ | - |  | $ | 3,196,067
| Quarter Ended June 30, 2015
| Mortgage |  | Commercial |  | Consumer |  | Auto and Leasing |  | Unallocated |  | Total
| (In thousands)
Allowance for loan and lease losses for originated and other loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 18,086 |  | $ | 33,123 |  | $ | 9,405 |  | $ | 15,762 |  | $ | 383 |  | $ | 76,759
Charge-offs |  | (1,356) |  |  | (497) |  |  | (2,309) |  |  | (7,662) |  |  | - |  |  | (11,824)
Recoveries |  | 67 |  |  | 219 |  |  | 390 |  |  | 3,425 |  |  | - |  |  | 4,101
Provision for originated and other loans and lease losses |  | 1,279 |  |  | 1,934 |  |  | 2,978 |  |  | 3,539 |  |  | 223 |  |  | 9,953
Balance at end of period | $ | 18,076 |  | $ | 34,779 |  | $ | 10,464 |  | $ | 15,064 |  | $ | 606 |  | $ | 78,989
| December 31, 2015
| Mortgage |  | Commercial |  | Consumer |  | Auto and Leasing |  | Unallocated |  | Total
| (In thousands)
Allowance for loan and lease losses on originated and other loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending allowance balance attributable to loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 9,233 |  | $ | 55,947 |  | $ | - |  | $ | - |  | $ | - |  | $ | 65,180
Collectively evaluated for impairment |  | 9,119 |  |  | 8,844 |  |  | 11,197 |  |  | 18,261 |  |  | 25 |  |  | 47,446
Total ending allowance balance | $ | 18,352 |  | $ | 64,791 |  | $ | 11,197 |  | $ | 18,261 |  | $ | 25 |  | $ | 112,626
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 89,973 |  | $ | 235,294 |  | $ | - |  | $ | - |  | $ | - |  | $ | 325,267
Collectively evaluated for impairment |  | 667,855 |  |  | 1,206,355 |  |  | 242,950 |  |  | 669,163 |  |  | - |  |  | 2,786,323
Total ending loan balance | $ | 757,828 |  | $ | 1,441,649 |  | $ | 242,950 |  | $ | 669,163 |  | $ | - |  | $ | 3,111,590
Allowance for BBVAPR Acquired Loan Losses Loans accounted for under ASC 310-20 (Loans with revolving feature and/or acquired at a premium) The following tables present the activity in our allowance for loan losses and related recorded investment of the associated loans in our BBVAPR acquired loan portfolio, excluding loans accounted for under ASC 310-30, for the periods indicated
| Quarter Ended June 30, 2016
| Commercial |  | Consumer |  | Auto |  | Unallocated |  | Total
| (In thousands)
Allowance for loan and lease losses for acquired BBVAPR loans accounted for under ASC 310-20: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 23 |  | $ | 3,243 |  | $ | 1,727 |  | $ | - |  | $ | 4,993
Charge-offs |  | (12) |  |  | (1,013) |  |  | (571) |  |  | - |  |  | (1,596)
Recoveries |  | 8 |  |  | 88 |  |  | 446 |  |  | - |  |  | 542
Provision (recapture) for acquired BBVAPR loan and lease losses accounted for under ASC 310-20 |  | 2 |  |  | 684 |  |  | (138) |  |  | - |  |  | 548
Balance at end of period | $ | 21 |  | $ | 3,002 |  | $ | 1,464 |  | $ | - |  | $ | 4,487
| June 30, 2016
| Commercial |  | Consumer |  | Auto |  | Unallocated |  | Total
| (In thousands)
Allowance for loan and lease losses for acquired BBVAPR loans accounted for under ASC 310-20: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending allowance balance attributable to loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Collectively evaluated for impairment | $ | 21 |  | $ | 3,002 |  | $ | 1,464 |  | $ | - |  | $ | 4,487
Total ending allowance balance | $ | 21 |  | $ | 3,002 |  | $ | 1,464 |  | $ | - |  | $ | 4,487
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 1,433 |  | $ | - |  | $ | - |  | $ | - |  | $ | 1,433
Collectively evaluated for impairment |  | 3,126 |  |  | 35,194 |  |  | 77,118 |  |  | - |  |  | 115,438
Total ending loan balance | $ | 4,559 |  | $ | 35,194 |  | $ | 77,118 |  | $ | - |  | $ | 116,871
| Quarter Ended June 30, 2015
| Commercial |  | Consumer |  | Auto |  | Unallocated |  | Total
| (In thousands)
Allowance for loan and lease losses for acquired BBVAPR loans accounted for under ASC 310-20: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 49 |  | $ | 1,885 |  | $ | 3,516 |  | $ | - |  | $ | 5,450
Charge-offs |  | (16) |  |  | (1,303) |  |  | (1,038) |  |  | - |  |  | (2,357)
Recoveries |  | 7 |  |  | 429 |  |  | 502 |  |  | - |  |  | 938
Provision (recapture) for acquired loan and lease losses accounted for under ASC 310-20 |  | 14 |  |  | 1,605 |  |  | (121) |  |  | - |  |  | 1,498
Balance at end of period | $ | 54 |  | $ | 2,616 |  | $ | 2,859 |  | $ | - |  | $ | 5,529
| December 31, 2015
| Commercial |  | Consumer |  | Auto |  | Unallocated |  | Total
| (In thousands)
Allowance for loan and lease losses for acquired BBVAPR loans accounted for under ASC 310-20: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending allowance balance attributable to loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Collectively evaluated for impairment | $ | 26 |  | $ | 3,429 |  | $ | 2,087 |  | $ | - |  | $ | 5,542
Total ending allowance balance | $ | 26 |  | $ | 3,429 |  | $ | 2,087 |  | $ | - |  | $ | 5,542
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 474 |  | $ | - |  | $ | - |  | $ | - |  | $ | 474
Collectively evaluated for impairment |  | 6,983 |  |  | 38,385 |  |  | 106,911 |  |  | - |  |  | 152,279
Total ending loan balance | $ | 7,457 |  | $ | 38,385 |  | $ | 106,911 |  | $ | - |  | $ | 152,753
The following tables present the activity in our allowance for loan losses and related recorded investment of the acquired BBVAPR loan portfolio accounted for under ASC 310-30, for the periods indicated:
| Quarter Ended June 30, 2016
| Mortgage |  | Commercial |  | Consumer |  | Auto |  | Total
| (In thousands)
Allowance for loan and lease losses for acquired BBVAPR loans accounted for under ASC 310-30: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 1,762 |  | $ | 20,430 |  | $ | - |  | $ | 5,555 |  | $ | 27,747
(Recapture) provision for BBVAPR loans and lease losses accounted for under ASC 310-30 |  | (163) |  |  | 3,977 |  |  | - |  |  | - |  |  | 3,814
Loan pools fully charged-off |  | (14) |  |  | - |  |  | - |  |  | (202) |  |  | (216)
Allowance de-recognition (a) |  | - |  |  | (8,544) |  |  | - |  |  | - |  |  | (8,544)
Balance at end of period | $ | 1,585 |  | $ | 15,863 |  | $ | - |  | $ | 5,353 |  | $ | 22,801
(a) A portion of the allowance for loan and lease losses associated with purchased credit impaired loans was derecognized on June 30, 2016 due to the revision in the derecognition policy for these loans.
| Six-Month Period Ended June 30, 2016
| Mortgage |  | Commercial |  | Consumer |  | Auto |  | Total
| (In thousands)
Allowance for loan and lease losses for acquired BBVAPR loans accounted for under ASC 310-30: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 1,678 |  | $ | 21,245 |  | $ | - |  | $ | 2,862 |  | $ | 25,785
(Recapture) provision for BBVAPR loans and lease losses accounted for under ASC 310-30 |  | (79) |  |  | 3,228 |  |  | - |  |  | 2,693 |  |  | 5,842
Loan pools fully charged-off |  | (14) |  |  | (66) |  |  | - |  |  | (202) |  |  | (282)
Allowance de-recognition (a) |  | - |  |  | (8,544) |  |  | - |  |  | - |  |  | (8,544)
Balance at end of period | $ | 1,585 |  | $ | 15,863 |  | $ | - |  | $ | 5,353 |  | $ | 22,801
(a) A portion of the allowance for loan and lease losses associated with purchased credit impaired loans was derecognized on June 30, 2016 due to the revision in the derecognition policy for these loans.
The changes in the allowance for loan and lease losses on acquired Eurobank loans for the quarters and six-month periods ended June 30, 2016 and 2015 were as follows:
| Quarter Ended June 30, 2016
| Loans Secured by 1-4 Family Residential Properties |  | Commercial and Construction |  | Consumer |  | Leasing |  | Total
| (In thousands)
Allowance for loan and lease losses for acquired Eurobank loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 23,961 |  | $ | 68,089 |  | $ | 243 |  | $ | - |  | $ | 92,293
Provision (recapture) for acquired Eurobank loans and lease losses, net |  | 237 |  |  | 801 |  |  | (7) |  |  | - |  |  | 1,031
FDIC shared-loss portion of provision for covered loan and lease losses, net |  | 951 |  |  | - |  |  | - |  |  | - |  |  | 951
Allowance de-recognition (a) |  | (14,133) |  |  | (57,794) |  |  | (232) |  |  | - |  |  | (72,159)
Balance at end of period | $ | 11,016 |  | $ | 11,096 |  | $ | 4 |  | $ | - |  | $ | 22,116
(a) A portion of the allowance for loan and lease losses associated with purchased credit impaired loans was derecognized on June 30, 2016 due to the revision in the derecognition policy for these loans.
| Six-Month Period Ended June 30, 2016
| Loans Secured by 1-4 Family Residential Properties |  | Commercial and Construction |  | Consumer |  | Leasing |  | Total
| (In thousands)
Allowance for loan and lease losses for acquired Eurobank loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 22,570 |  | $ | 67,365 |  | $ | 243 |  | $ | - |  | $ | 90,178
Provision (recapture) for acquired Eurobank loans and lease losses, net |  | 184 |  |  | 1,659 |  |  | (7) |  |  | - |  |  | 1,836
FDIC shared-loss portion of provision for covered loan and lease losses, net |  | 2,395 |  |  | - |  |  | - |  |  | - |  |  | 2,395
Loan pools fully charged-off |  | - |  |  | (134) |  |  | - |  |  | - |  |  | (134)
Allowance de-recognition (a) |  | (14,133) |  |  | (57,794) |  |  | (232) |  |  | - |  |  | (72,159)
Balance at end of year | $ | 11,016 |  | $ | 11,096 |  | $ | 4 |  | $ | - |  | $ | 22,116
(a) A portion of the allowance for loan and lease losses associated with purchased credit impaired loans was derecognized on June 30, 2016 due to the revision in the derecognition policy for these loans.
| Quarter Ended June 30, 2015
| Mortgage |  | Commercial and Construction |  | Consumer |  | Leasing |  | Total
| (In thousands)
Allowance for loan and lease losses for acquired Eurobank loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 17,340 |  | $ | 52,922 |  | $ | 389 |  | $ | - |  | $ | 70,651
Provision (recapture) for Eurobank loans and lease losses, net |  | 148 |  |  | (253) |  |  | - |  |  | - |  |  | (105)
FDIC shared-loss portion of provision for covered loan and lease losses, net |  | 105 |  |  | 801 |  |  | - |  |  | - |  |  | 906
Balance at end of period | $ | 17,593 |  | $ | 53,470 |  | $ | 389 |  | $ | - |  | $ | 71,452
| Six-Month Period Ended June 30, 2015
| Mortgage |  | Commercial and Construction |  | Consumer |  | Leasing |  | Total
| (In thousands)
Allowance for loan and lease losses for Eurobank loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of year | $ | 15,522 |  | $ | 48,334 |  | $ | 389 |  | $ | - |  | $ | 64,245
Provision for Eurobank loans and lease losses, net |  | 1,966 |  |  | 2,738 |  |  | - |  |  | - |  |  | 4,704
FDIC shared-loss portion of provision for covered loan and lease losses, net |  | 105 |  |  | 2,398 |  |  | - |  |  | - |  |  | 2,503
Balance at end of year | $ | 17,593 |  | $ | 53,470 |  | $ | 389 |  | $ | - |  | $ | 71,452

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- Definition Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI http://asc.fasb.org/extlink&oid=49124121&loc=SL6953423-111524 + Details
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- References No definition available. + Details
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Namespace Prefix: | us-gaap_
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