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Allowance for Loan and Lease Losses (Tables)

9 Months Ended

Sep. 30, 2016

Loans Receivable [Abstract]

Allowance for Credit Losses on Financing Receivables [Table Text Block]

	September 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	$	18,527		$	18,352
Commercial		12,307			64,791
Consumer		12,289			11,197
Auto and leasing		19,002			18,261
Unallocated		43			25
Total allowance for originated and other loans and lease losses		62,168			112,626
Acquired loans:
Acquired BBVAPR loans:
Accounted for under ASC 310-20 (Loans with revolving feature and/or
acquired at a premium)
Commercial		18			26
Consumer		2,946			3,429
Auto		1,249			2,087
		4,213			5,542
Accounted for under ASC 310-30 (Loans acquired with deteriorated
credit quality, including those by analogy) (a)
Mortgage		2,664			1,762
Commercial		21,998			21,161
Auto		5,157			2,862
		29,819			25,785
Total allowance for acquired BBVAPR loans and lease losses		34,032			31,327
Acquired Eurobank loans: (a)
Loans secured by 1-4 family residential properties		12,268			22,570
Commercial and other construction		10,544			67,365
Consumer		-			243
Total allowance for acquired Eurobank loan and lease losses (a)		22,812			90,178
Total allowance for loan and lease losses (a)	$	119,012		$	234,131
(a) A portion of the allowance for loan and lease losses associated with purchased credit impaired loans was de-recognized due to the revision in the de-recognition policy for these loans during the second quarter of 2016 .

	Quarter Ended September 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	$	18,537		$	63,144		$	11,771		$	19,259		$	101		$	112,812
Charge-offs		(1,656)			(56,700)			(3,173)			(7,804)			-			(69,333)
Recoveries		21			93			120			3,747			-			3,981
Provision (recapture) for originated and other loans and lease losses		1,625			5,770			3,571			3,800			(58)			14,708
Balance at end of period	$	18,527		$	12,307		$	12,289		$	19,002		$	43		$	62,168

	Nine-Month Period Ended September 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		(4,692)			(58,544)			(8,310)			(24,267)			-			(95,813)
Recoveries		204			407			355			9,969			-			10,935
Provision for originated and other loans and lease losses		4,663			5,653			9,047			15,039			18			34,420
Balance at end of period	$	18,527		$	12,307		$	12,289		$	19,002		$	43		$	62,168

	September 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	$	8,725		$	5,572		$	-		$	-		$	-		$	14,297
Collectively evaluated for impairment		9,802			6,735			12,289			19,002			43			47,871
Total ending allowance balance	$	18,527		$	12,307		$	12,289		$	19,002		$	43		$	62,168
Loans:
Individually evaluated for impairment	$	92,343		$	36,369		$	-		$	-		$	-		$	128,712
Collectively evaluated for impairment		643,024			1,230,808			278,666			730,589			-			2,883,087
Total ending loan balance	$	735,367		$	1,267,177		$	278,666		$	730,589		$	-		$	3,011,799

	Quarter Ended September 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	$	18,076		$	34,779		$	10,464		$	15,064		$	606		$	78,989
Charge-offs		(1,058)			(828)			(2,471)			(8,510)			-			(12,867)
Recoveries		270			63			186			3,251			-			3,770
Provision (recapture) for originated and other loans and lease losses		4			1,510			2,637			6,869			(561)			10,459
Balance at end of period	$	17,292		$	35,524		$	10,816		$	16,674		$	45		$	80,351

	Nine-Month Period Ended September 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 year	$	19,679		$	8,432		$	9,072		$	14,255		$	1		$	51,439
Charge-offs		(3,829)			(2,317)			(6,456)			(24,307)			-			(36,909)
Recoveries		338			372			729			10,060			-			11,499
Provision for originated and other loans and lease losses		1,104			29,037			7,471			16,666			44			54,322
Balance at end of year	$	17,292		$	35,524		$	10,816		$	16,674		$	45		$	80,351

	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

	Quarter Ended September 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	$	21		$	3,002		$	1,464		$	-		$	4,487
Charge-offs		(2)			(889)			(475)			-			(1,366)
Recoveries		16			67			461			-			544
Provision (recapture) for acquired BBVAPR loan and lease losses accounted for under ASC 310-20		(17)			766			(201)			-			548
Balance at end of period	$	18		$	2,946		$	1,249		$	-		$	4,213

	Nine-Month Period Ended September 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		(21)			(2,714)			(1,783)			-			(4,518)
Recoveries		56			236			1,505			-			1,797
Provision (recapture) for acquired BBVAPR loan and lease losses accounted for under ASC 310-20		(43)			1,995			(560)			-			1,392
Balance at end of year	$	18		$	2,946		$	1,249		$	-		$	4,213

	September 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	$	18		$	2,946		$	1,249		$	-		$	4,213
Total ending allowance balance	$	18		$	2,946		$	1,249		$	-		$	4,213
Loans:
Collectively evaluated for impairment		5,755			34,215			64,393			-			104,363
Total ending loan balance	$	5,755		$	34,215		$	64,393		$	-		$	104,363

	Quarter Ended September 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	$	54		$	2,616		$	2,859		$	-		$	5,529
Charge-offs		(22)			(1,103)			(1,150)			-			(2,275)
Recoveries		7			59			502			-			568
Provision (recapture) for acquired loan and lease losses accounted for under ASC 310-20		(17)			1,485			183			-			1,651
Balance at end of period	$	22		$	3,057		$	2,394		$	-		$	5,473

	Nine-Month Period Ended September 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		(38)			(3,789)			(3,454)			-			(7,281)
Recoveries		24			622			1,574			-			2,220
Provision (recapture) for acquired loan and lease losses accounted for under ASC 310-20		(29)			5,013			953			-			5,937
Balance at end of period	$	22		$	3,057		$	2,394		$	-		$	5,473

	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

	Quarter Ended September 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	$	1,585		$	15,863		$	-		$	5,353		$	22,801
Provision for BBVAPR loans and lease losses accounted for under ASC 310-30		1,079			6,324			-			-			7,403
Allowance de-recognition (a)		-			(189)			-			(196)			(385)
Balance at end of period	$	2,664		$	21,998		$	-		$	5,157		$	29,819
(a) A portion of the allowance for loan and lease losses associated with purchased credit impaired loans was de-recognized due to the revision in the de-recognition policy for these loans during the second quarter of 2016.
	Nine-Month Period Ended September 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
Provision for BBVAPR loans and lease losses accounted for under ASC 310-30		1,000			9,552			-			2,693			13,245
Loan pools fully charged-off		(14)			(66)			-			(202)			(282)
Allowance de-recognition (a)		-			(8,733)			-			(196)			(8,929)
Balance at end of period	$	2,664		$	21,998		$	-		$	5,157		$	29,819
(a) A portion of the allowance for loan and lease losses associated with purchased credit impaired loans was de-recognized due to the revision in the de-recognition policy for these loans during the second quarter of 2016.

	Quarter Ended September 30, 2015
	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	$	473		$	14,940		$	84		$	2,862		$	18,359
Provision for acquired BBVAPR loans and lease losses accounted for under ASC 310-30		-			5,979			-			-			5,979
Loan pools fully charged-off		-			(4,352)			-			-			(4,352)
Balance at end of period	$	473		$	16,567		$	84		$	2,862		$	19,986
	Nine-Month Period Ended September 30, 2015
	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	$	-		$	13,476		$	5		$	-		$	13,481
Provision for acquired BBVAPR loans and lease losses accounted for under ASC 310-30		473			7,443			79			2,862			10,857
Loan pools fully charged-off		-			(4,352)			-			-			(4,352)
Balance at end of period	$	473		$	16,567		$	84		$	2,862		$	19,986

	Quarter Ended September 30, 2016
	Loans Secured by 1-4 Family Residential Properties			Commercial and Construction			Consumer			Total
	(In thousands)
Allowance for loan and lease losses for acquired Eurobank loans:
Balance at beginning of period	$	11,016		$	11,096		$	4		$	22,116
Provision (recapture) for acquired Eurobank loans and lease losses, net		893			(74)			-			819
FDIC shared-loss portion of provision for covered loan and lease losses, net		818			-			-			818
Allowance de-recognition (a)		(459)			(478)			(4)			(941)
Balance at end of period	$	12,268		$	10,544		$	-		$	22,812
(a) A portion of the allowance for loan and lease losses associated with purchased credit impaired loans was de-recognized due to the revision in the de-recognition policy for these loans during the second quarter of 2016.
	Nine-Month Period Ended September 30, 2016
	Loans Secured by 1-4 Family Residential Properties			Commercial and Construction			Consumer			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		1,077			1,585			(7)			2,655
FDIC shared-loss portion of provision for covered loan and lease losses, net		3,213			-			-			3,213
Loan pools fully charged-off		-			(134)			-			(134)
Allowance de-recognition (a)		(14,592)			(58,272)			(236)			(73,100)
Balance at end of year	$	12,268		$	10,544		$	-		$	22,812
(a) A portion of the allowance for loan and lease losses associated with purchased credit impaired loans was de-recognized due to the revision in the de-recognition policy for these loans during the second quarter of 2016.

	Quarter Ended September 30, 2015
	Mortgage			Commercial and Construction			Consumer			Total
	(In thousands)
Allowance for loan and lease losses for acquired Eurobank loans:
Balance at beginning of period	$	17,593		$	53,470		$	389		$	71,452
Provision for Eurobank loans and lease losses, net		15,813			17,398			279			33,490
Loans pools fully charged-off		(721)			(13,588)			(301)			(14,610)
Balance at end of period	$	32,685		$	57,280		$	367		$	90,332
	Nine-Month Period Ended September 30, 2015
	Mortgage			Commercial and Construction			Consumer			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		17,779			20,136			279			38,194
FDIC shared-loss portion of provision for covered loan and lease losses, net		105			2,398			-			2,503
Loans pools fully charged-off		(721)			(13,588)			(301)			(14,610)
Balance at end of year	$	32,685		$	57,280		$	367		$	90,332

X

- 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

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X

- References

No definition available.

+ Details

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