XML 23 R12.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Loans Receivable | 9 Months Ended
--- | ---
Sep. 30, 2017
Loans Receivable [Abstract] |
LOANS RECEIVABLE | NOTE 5 - LOANS Oriental’s loan portfolio is composed of two segments, loans initially accounted for under the amortized cost method (referred to as "originated and other" loans) and loans acquired (referred to as "acquired" loans). Acquired loans are further segregated between acquired BBVAPR loans and acquired Eurobank loans. Acquired Eurobank loans were purchased subject to loss-sharing agreements with the FDIC, which were terminated on February 6, 2017. As a result of the devastation cau sed by hur ricane s Irma and Maria, Oriental offered an automatic three-month forbearance for the payment due on auto and personal loans for customers whose payments were not over 89 days past due at August 31, 2017. These payments, together with any additio nal accrued interest, will be pa id in three installments after the original maturity of the loan s. Residential mortgage loans will have the same forbearance, but the payments subject to the forbearance on non-conforming loans will be payable in aggregate as a balloon payment at the maturity of the loan and on conforming mortgage loans the repayment terms will be established on a case by case basis at the end of the forbearance period. For credit cards, that were not over 29 days past due at August 31, 2017, the minimum pay ment amount will be skipped until December 31, 2017. Oriental also offered an automatic one-month forbearance for the payment of principal and interest for commercial loans, for customers whose payments were not over 30 days past due at August 31, 2017, an d the flexibility of extending it up to two additional months, based on the customer's need s. Oriental had approximately 100 thousand loans under the automatic three-month forbearance program with a UPB of $3.7 billion at September 30, 2017. The composition of Oriental’s loan portfolio at September 30, 2017 and December 31, 2016 was as follows:
| September 30, |  | December 31,
| 2017 |  | 2016
| (In thousands)
Originated and other loans and leases held for investment: |  |  |  |  |
Mortgage | $ | 694,476 |  | $ | 721,494
Commercial |  | 1,245,711 |  |  | 1,277,866
Consumer |  | 316,357 |  |  | 290,515
Auto and leasing |  | 831,437 |  |  | 756,395
|  | 3,087,981 |  |  | 3,046,270
Allowance for loan and lease losses on originated and other loans and leases |  | (87,541) |  |  | (59,300)
|  | 3,000,440 |  |  | 2,986,970
Deferred loan costs, net |  | 6,592 |  |  | 5,766
Total originated and other loans loans held for investment, net |  | 3,007,032 |  |  | 2,992,736
Acquired loans: |  |  |  |  |
Acquired BBVAPR loans: |  |  |  |  |
Accounted for under ASC 310-20 (Loans with revolving feature and/or |  |  |  |  |
acquired at a premium) |  |  |  |  |
Commercial |  | 4,612 |  |  | 5,562
Consumer |  | 29,464 |  |  | 32,862
Auto |  | 26,562 |  |  | 53,026
|  | 60,638 |  |  | 91,450
Allowance for loan and lease losses on acquired BBVAPR loans accounted for under ASC 310-20 |  | (3,363) |  |  | (4,300)
|  | 57,275 |  |  | 87,150
Accounted for under ASC 310-30 (Loans acquired with deteriorated |  |  |  |  |
credit quality, including those by analogy) |  |  |  |  |
Mortgage |  | 532,948 |  |  | 569,253
Commercial |  | 244,359 |  |  | 292,564
Consumer |  | 1,598 |  |  | 4,301
Auto |  | 49,258 |  |  | 85,676
|  | 828,163 |  |  | 951,794
Allowance for loan and lease losses on acquired BBVAPR loans accounted for under ASC 310-30 |  | (40,110) |  |  | (31,056)
|  | 788,053 |  |  | 920,738
Total acquired BBVAPR loans, net |  | 845,328 |  |  | 1,007,888
Acquired Eurobank loans: |  |  |  |  |
Loans secured by 1-4 family residential properties |  | 68,996 |  |  | 73,018
Commercial |  | 53,028 |  |  | 81,460
Consumer |  | 1,220 |  |  | 1,372
Total acquired Eurobank loans |  | 123,244 |  |  | 155,850
Allowance for loan and lease losses on Eurobank loans |  | (23,146) |  |  | (21,281)
Total acquired Eurobank loans, net |  | 100,098 |  |  | 134,569
Total acquired loans, net |  | 945,426 |  |  | 1,142,457
Total held for investment, net |  | 3,952,458 |  |  | 4,135,193
Mortgage loans held-for-sale |  | 12,114 |  |  | 12,499
Total loans, net | $ | 3,964,572 |  | $ | 4,147,692
Originated and Other Loans and Leases Held for Investment Oriental’s originated and other loans held for investment are encompassed within four portfolio segments: mortgage, commercial, consumer, and auto and leasing. The following tables present the aging of the recorded investment in gross originated and other loans held for investment a t September 30, 2017 and December 31, 2016, 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.
| September 30, 2017
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Loans 90+
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Days Past
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Due and
| 30-59 Days |  | 60-89 Days |  | 90+ Days |  | Total Past |  |  |  |  |  | Still
| Past Due |  | Past Due |  | Past Due |  | Due |  | Current |  | Total Loans |  | Accruing
| (In thousands) |  |  |
Mortgage |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Traditional (by origination year): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Up to the year 2002 | $ | 278 |  | $ | 1,469 |  | $ | 3,074 |  | $ | 4,821 |  | $ | 42,086 |  | $ | 46,907 |  | $ | 283
Years 2003 and 2004 |  | 242 |  |  | 3,388 |  |  | 5,963 |  |  | 9,593 |  |  | 74,405 |  |  | 83,998 |  |  | -
Year 2005 |  | - |  |  | 2,465 |  |  | 3,231 |  |  | 5,696 |  |  | 39,363 |  |  | 45,059 |  |  | -
Year 2006 |  | 179 |  |  | 1,965 |  |  | 5,536 |  |  | 7,680 |  |  | 55,883 |  |  | 63,563 |  |  | -
Years 2007, 2008 and 2009 |  | 252 |  |  | 1,706 |  |  | 7,859 |  |  | 9,817 |  |  | 59,451 |  |  | 69,268 |  |  | 98
Years 2010, 2011, 2012, 2013 |  | 349 |  |  | 2,213 |  |  | 7,274 |  |  | 9,836 |  |  | 118,409 |  |  | 128,245 |  |  | 414
Years 2014, 2015, 2016 and 2017 |  | - |  |  | 184 |  |  | 1,247 |  |  | 1,431 |  |  | 120,538 |  |  | 121,969 |  |  | -
|  | 1,300 |  |  | 13,390 |  |  | 34,184 |  |  | 48,874 |  |  | 510,135 |  |  | 559,009 |  |  | 795
Non-traditional |  | - |  |  | 506 |  |  | 3,529 |  |  | 4,035 |  |  | 14,670 |  |  | 18,705 |  |  | -
Loss mitigation program |  | 12,621 |  |  | 7,456 |  |  | 15,941 |  |  | 36,018 |  |  | 67,472 |  |  | 103,490 |  |  | 2,576
|  | 13,921 |  |  | 21,352 |  |  | 53,654 |  |  | 88,927 |  |  | 592,277 |  |  | 681,204 |  |  | 3,371
Home equity secured personal loans |  | - |  |  | - |  |  | 12 |  |  | 12 |  |  | 261 |  |  | 273 |  |  | -
GNMA's buy-back option program |  | - |  |  | - |  |  | 12,999 |  |  | 12,999 |  |  | - |  |  | 12,999 |  |  | -
|  | 13,921 |  |  | 21,352 |  |  | 66,665 |  |  | 101,938 |  |  | 592,538 |  |  | 694,476 |  |  | 3,371
Commercial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  | - |  |  | - |  |  | - |  |  | - |  |  | 209,000 |  |  | 209,000 |  |  | -
Institutional |  | - |  |  | - |  |  | 254 |  |  | 254 |  |  | 45,922 |  |  | 46,176 |  |  | -
Middle market |  | - |  |  | 303 |  |  | 3,545 |  |  | 3,848 |  |  | 233,829 |  |  | 237,677 |  |  | -
Retail |  | 292 |  |  | 461 |  |  | 9,471 |  |  | 10,224 |  |  | 233,701 |  |  | 243,925 |  |  | -
Floor plan |  | - |  |  | - |  |  | - |  |  | - |  |  | 3,607 |  |  | 3,607 |  |  | -
Real estate |  | - |  |  | - |  |  | - |  |  | - |  |  | 15,473 |  |  | 15,473 |  |  | -
|  | 292 |  |  | 764 |  |  | 13,270 |  |  | 14,326 |  |  | 741,532 |  |  | 755,858 |  |  | -
Other commercial and industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  | - |  |  | - |  |  | - |  |  | - |  |  | 163,192 |  |  | 163,192 |  |  | -
Institutional |  | - |  |  | - |  |  | - |  |  | - |  |  | 118,091 |  |  | 118,091 |  |  | -
Middle market |  | 2 |  |  | - |  |  | 881 |  |  | 883 |  |  | 81,061 |  |  | 81,944 |  |  | -
Retail |  | 608 |  |  | 1,053 |  |  | 1,219 |  |  | 2,880 |  |  | 85,289 |  |  | 88,169 |  |  | -
Floor plan |  | 8 |  |  | - |  |  | 53 |  |  | 61 |  |  | 38,396 |  |  | 38,457 |  |  | -
|  | 618 |  |  | 1,053 |  |  | 2,153 |  |  | 3,824 |  |  | 486,029 |  |  | 489,853 |  |  | -
|  | 910 |  |  | 1,817 |  |  | 15,423 |  |  | 18,150 |  |  | 1,227,561 |  |  | 1,245,711 |  |  | -
| September 30, 2017
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Loans 90+
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Days Past
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Due and
| 30-59 Days |  | 60-89 Days |  | 90+ Days |  | Total Past |  |  |  |  |  | Still
| Past Due |  | Past Due |  | Past Due |  | Due |  | Current |  | Total Loans |  | Accruing
| (In thousands) |  |  |
Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit cards | $ | 1,000 |  | $ | 363 |  | $ | 565 |  | $ | 1,928 |  | $ | 26,082 |  | $ | 28,010 |  | $ | -
Overdrafts |  | 45 |  |  | 12 |  |  | 19 |  |  | 76 |  |  | 189 |  |  | 265 |  |  | -
Personal lines of credit |  | 103 |  |  | 31 |  |  | 9 |  |  | 143 |  |  | 2,201 |  |  | 2,344 |  |  | -
Personal loans |  | 3,777 |  |  | 1,694 |  |  | 732 |  |  | 6,203 |  |  | 264,691 |  |  | 270,894 |  |  | -
Cash collateral personal loans |  | 447 |  |  | 32 |  |  | 18 |  |  | 497 |  |  | 14,347 |  |  | 14,844 |  |  | -
|  | 5,372 |  |  | 2,132 |  |  | 1,343 |  |  | 8,847 |  |  | 307,510 |  |  | 316,357 |  |  | -
Auto and leasing |  | 43,331 |  |  | 28,275 |  |  | 10,831 |  |  | 82,437 |  |  | 749,000 |  |  | 831,437 |  |  | -
Total | $ | 63,534 |  | $ | 53,576 |  | $ | 94,262 |  | $ | 211,372 |  | $ | 2,876,609 |  | $ | 3,087,981 |  | $ | 3,371
| December 31, 2016
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Loans 90+
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Days Past
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Due and
| 30-59 Days |  | 60-89 Days |  | 90+ Days |  | Total Past |  |  |  |  |  | Still
| Past Due |  | Past Due |  | Past Due |  | Due |  | Current |  | Total Loans |  | Accruing
| (In thousands) |  |  |
Mortgage |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Traditional (by origination year): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Up to the year 2002 | $ | 196 |  | $ | 2,176 |  | $ | 3,371 |  | $ | 5,743 |  | $ | 44,542 |  | $ | 50,285 |  | $ | 158
Years 2003 and 2004 |  | 156 |  |  | 3,872 |  |  | 7,272 |  |  | 11,300 |  |  | 79,407 |  |  | 90,707 |  |  | -
Year 2005 |  | - |  |  | 1,952 |  |  | 4,306 |  |  | 6,258 |  |  | 43,751 |  |  | 50,009 |  |  | -
Year 2006 |  | 506 |  |  | 2,905 |  |  | 6,261 |  |  | 9,672 |  |  | 59,628 |  |  | 69,300 |  |  | -
Years 2007, 2008 and 2009 |  | 409 |  |  | 1,439 |  |  | 11,732 |  |  | 13,580 |  |  | 63,149 |  |  | 76,729 |  |  | 398
Years 2010, 2011, 2012, 2013 |  | 349 |  |  | 1,772 |  |  | 10,417 |  |  | 12,538 |  |  | 127,322 |  |  | 139,860 |  |  | 583
Years 2014, 2015 and 2016 |  | 47 |  |  | 123 |  |  | 1,357 |  |  | 1,527 |  |  | 106,672 |  |  | 108,199 |  |  | -
|  | 1,663 |  |  | 14,239 |  |  | 44,716 |  |  | 60,618 |  |  | 524,471 |  |  | 585,089 |  |  | 1,139
Non-traditional |  | - |  |  | 498 |  |  | 4,730 |  |  | 5,228 |  |  | 17,631 |  |  | 22,859 |  |  | -
Loss mitigation program |  | 8,911 |  |  | 7,205 |  |  | 16,541 |  |  | 32,657 |  |  | 70,871 |  |  | 103,528 |  |  | 1,724
|  | 10,574 |  |  | 21,942 |  |  | 65,987 |  |  | 98,503 |  |  | 612,973 |  |  | 711,476 |  |  | 2,863
Home equity secured personal loans |  | - |  |  | - |  |  | - |  |  | - |  |  | 337 |  |  | 337 |  |  | -
GNMA's buy-back option program |  | - |  |  | - |  |  | 9,681 |  |  | 9,681 |  |  | - |  |  | 9,681 |  |  | -
|  | 10,574 |  |  | 21,942 |  |  | 75,668 |  |  | 108,184 |  |  | 613,310 |  |  | 721,494 |  |  | 2,863
Commercial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  | - |  |  | - |  |  | - |  |  | - |  |  | 242,770 |  |  | 242,770 |  |  | -
Institutional |  | - |  |  | - |  |  | 254 |  |  | 254 |  |  | 26,546 |  |  | 26,800 |  |  | -
Middle market |  | - |  |  | 60 |  |  | 3,319 |  |  | 3,379 |  |  | 231,602 |  |  | 234,981 |  |  | -
Retail |  | 154 |  |  | 350 |  |  | 6,594 |  |  | 7,098 |  |  | 242,630 |  |  | 249,728 |  |  | -
Floor plan |  | - |  |  | - |  |  | - |  |  | - |  |  | 2,989 |  |  | 2,989 |  |  | -
Real estate |  | - |  |  | - |  |  | - |  |  | - |  |  | 16,395 |  |  | 16,395 |  |  | -
|  | 154 |  |  | 410 |  |  | 10,167 |  |  | 10,731 |  |  | 762,932 |  |  | 773,663 |  |  | -
Other commercial and industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  | - |  |  | - |  |  | - |  |  | - |  |  | 136,438 |  |  | 136,438 |  |  | -
Institutional |  | - |  |  | - |  |  | - |  |  | - |  |  | 180,285 |  |  | 180,285 |  |  | -
Middle market |  | - |  |  | - |  |  | - |  |  | - |  |  | 81,633 |  |  | 81,633 |  |  | -
Retail |  | 930 |  |  | 100 |  |  | 969 |  |  | 1,999 |  |  | 71,706 |  |  | 73,705 |  |  | -
Floor plan |  | 8 |  |  | - |  |  | 61 |  |  | 69 |  |  | 32,073 |  |  | 32,142 |  |  | -
|  | 938 |  |  | 100 |  |  | 1,030 |  |  | 2,068 |  |  | 502,135 |  |  | 504,203 |  |  | -
|  | 1,092 |  |  | 510 |  |  | 11,197 |  |  | 12,799 |  |  | 1,265,067 |  |  | 1,277,866 |  |  | -
| December 31, 2016
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Loans 90+
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Days Past
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Due and
| 30-59 Days |  | 60-89 Days |  | 90+ Days |  | Total Past |  |  |  |  |  | Still
| Past Due |  | Past Due |  | Past Due |  | Due |  | Current |  | Total Loans |  | Accruing
| (In thousands) |  |  |
Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit cards | $ | 527 |  | $ | 283 |  | $ | 525 |  | $ | 1,335 |  | $ | 25,023 |  | $ | 26,358 |  | $ | -
Overdrafts |  | 16 |  |  | 12 |  |  | 5 |  |  | 33 |  |  | 174 |  |  | 207 |  |  | -
Personal lines of credit |  | 41 |  |  | 4 |  |  | 32 |  |  | 77 |  |  | 2,327 |  |  | 2,404 |  |  | -
Personal loans |  | 2,474 |  |  | 1,489 |  |  | 1,081 |  |  | 5,044 |  |  | 241,228 |  |  | 246,272 |  |  | -
Cash collateral personal loans |  | 240 |  |  | 20 |  |  | 4 |  |  | 264 |  |  | 15,010 |  |  | 15,274 |  |  | -
|  | 3,298 |  |  | 1,808 |  |  | 1,647 |  |  | 6,753 |  |  | 283,762 |  |  | 290,515 |  |  | -
Auto and leasing |  | 42,714 |  |  | 19,014 |  |  | 8,173 |  |  | 69,901 |  |  | 686,494 |  |  | 756,395 |  |  | -
Total | $ | 57,678 |  | $ | 43,274 |  | $ | 96,685 |  | $ | 197,637 |  | $ | 2,848,633 |  | $ | 3,046,270 |  | $ | 2,863
At September 30, 2017 and December 31, 2016, Oriental had carryin g balance of $94.9 million and $136.6 million, respectively, in originated and other loans held for investment granted to the Puerto Rico government, including its instrumentalities, public corporations and municipalities as part of the institutional commercial loan segment. All originated and other loans granted to the Puerto Rico government are general obligations of municipalities secured by ad valorem taxation, without limitation as to r ate or amount, on all taxable property within the issuing municipalities. The good faith, credit and unlimited taxing power of each issuing municipality are pledged for the payment of its general obligations. On June 30, 2017, Oriental entered into an agre ement to sell a performing originated municipal loan, which was due in July 2018, for $28.8 million. The sale reduced near-term risk associated with a likely refinancing. The loan was moved to other loans held-for-sale at June 30, 2017 with a balance of $3 3.7 million, and included a principal payment of $4.8 million received by Oriental o n July 1, 2017. The sale transaction settled o n July 5, 2017. Acquired Loans Acquired loans were initially measured at fair value and subsequently accounted for under either ASC 310-30 or ASC 310-20 (Non-refundable fees and Other Costs). We have acquired loans in two acquisitions, BBVAPR and Eurobank. Acquired BBVAPR Loans Accounted for under ASC 310-20 (Loans with revolving feature and/or acquired at a premium) Cre dit cards, retail and commercial revolving lines of credits, floor plans and performing auto loans with FICO scores over 660 acquired at a premium are accounted for under the guidance of ASC 310-20, which requires that any contractually required loan payme nt receivable in excess of Oriental’s initial investment in the loans be accreted into interest income on a level-yield basis over the life of the loan. Loans accounted for under ASC 310-20 are placed on non-accrual status when past due in accordance with Oriental’s non-accrual policy, and any accretion of discount or amortization of premium is discontinued. Acquired BBVAPR loans that were accounted for under the provisions of ASC 310-20 are removed from the acquired loan category at the end of the reportin g period upon refinancing, renewal or normal re-underwriting. The following tables present the aging of the recorded investment in gross acquired BBVAPR loans accounted for under ASC 310-20 as of September 30, 2017 and December 31, 2016, by class of lo ans:
| September 30, 2017
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Loans 90+
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Days Past
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Due and
| 30-59 Days |  | 60-89 Days |  | 90+ Days |  | Total Past |  |  |  |  |  | Still
| Past Due |  | Past Due |  | Past Due |  | Due |  | Current |  | Total Loans |  | Accruing
| (In thousands) |  |  |
Commercial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail | $ | - |  | $ | - |  | $ | 95 |  | $ | 95 |  | $ | 26 |  | $ | 121 |  | $ | -
Floor plan |  | - |  |  | - |  |  | 936 |  |  | 936 |  |  | 393 |  |  | 1,329 |  |  | -
|  | - |  |  | - |  |  | 1,031 |  |  | 1,031 |  |  | 419 |  |  | 1,450 |  |  | -
Other commercial and industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail |  | 296 |  |  | 71 |  |  | 82 |  |  | 449 |  |  | 2,711 |  |  | 3,160 |  |  | -
Floor plan |  | - |  |  | - |  |  | 2 |  |  | 2 |  |  | - |  |  | 2 |  |  | -
|  | 296 |  |  | 71 |  |  | 84 |  |  | 451 |  |  | 2,711 |  |  | 3,162 |  |  | -
|  | 296 |  |  | 71 |  |  | 1,115 |  |  | 1,482 |  |  | 3,130 |  |  | 4,612 |  |  | -
Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit cards |  | 977 |  |  | 567 |  |  | 467 |  |  | 2,011 |  |  | 24,797 |  |  | 26,808 |  |  | -
Personal loans |  | 75 |  |  | 8 |  |  | 39 |  |  | 122 |  |  | 2,534 |  |  | 2,656 |  |  | -
|  | 1,052 |  |  | 575 |  |  | 506 |  |  | 2,133 |  |  | 27,331 |  |  | 29,464 |  |  | -
Auto |  | 1,635 |  |  | 1,141 |  |  | 453 |  |  | 3,229 |  |  | 23,333 |  |  | 26,562 |  |  | -
Total | $ | 2,983 |  | $ | 1,787 |  | $ | 2,074 |  | $ | 6,844 |  | $ | 53,794 |  | $ | 60,638 |  | $ | -
| December 31, 2016
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Loans 90+
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Days Past
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Due and
| 30-59 Days |  | 60-89 Days |  | 90+ Days |  | Total Past |  |  |  |  |  | Still
| Past Due |  | Past Due |  | Past Due |  | Due |  | Current |  | Total Loans |  | Accruing
| (In thousands) |  |  |
Commercial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail | $ | 33 |  | $ | - |  | $ | 110 |  | $ | 143 |  | $ | - |  | $ | 143 |  | $ | -
Floor plan |  | - |  |  | - |  |  | 219 |  |  | 219 |  |  | 2,171 |  |  | 2,390 |  |  | -
|  | 33 |  |  | - |  |  | 329 |  |  | 362 |  |  | 2,171 |  |  | 2,533 |  |  | -
Other commercial and industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail |  | 97 |  |  | 34 |  |  | 121 |  |  | 252 |  |  | 2,775 |  |  | 3,027 |  |  | -
Floor plan |  | - |  |  | - |  |  | 2 |  |  | 2 |  |  | - |  |  | 2 |  |  | -
|  | 97 |  |  | 34 |  |  | 123 |  |  | 254 |  |  | 2,775 |  |  | 3,029 |  |  | -
|  | 130 |  |  | 34 |  |  | 452 |  |  | 616 |  |  | 4,946 |  |  | 5,562 |  |  | -
Consumer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit cards |  | 736 |  |  | 369 |  |  | 708 |  |  | 1,813 |  |  | 28,280 |  |  | 30,093 |  |  | -
Personal loans |  | 48 |  |  | 14 |  |  | 120 |  |  | 182 |  |  | 2,587 |  |  | 2,769 |  |  | -
|  | 784 |  |  | 383 |  |  | 828 |  |  | 1,995 |  |  | 30,867 |  |  | 32,862 |  |  | -
Auto |  | 3,652 |  |  | 1,355 |  |  | 517 |  |  | 5,524 |  |  | 47,502 |  |  | 53,026 |  |  | -
Total | $ | 4,566 |  | $ | 1,772 |  | $ | 1,797 |  | $ | 8,135 |  | $ | 83,315 |  | $ | 91,450 |  | $ | -
Acquired BBVAPR Loans Accounted for under ASC 310-30 (including those accounted for under ASC 310-30 by analogy) Acquired BBVAPR loans, except for credit cards, retail and commercial revolving lines of credits, floor plans and performing auto loans with FICO scores over 660 acquired at a premium, are accounted for by Oriental in accordance with ASC 310-30. 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 September 30, 2017 and December 31, 2016 is as follows:
| September 30, |  | December 31,
|  | 2017 |  |  | 2016
|  | (In thousands)
Contractual required payments receivable: | $ | 1,503,630 |  | $ | 1,669,602
Less: Non-accretable discount |  | 364,548 |  |  | 363,107
Cash expected to be collected |  | 1,139,082 |  |  | 1,306,495
Less: Accretable yield |  | 310,919 |  |  | 354,701
Carrying amount, gross |  | 828,163 |  |  | 951,794
Less: allowance for loan and lease losses |  | 40,110 |  |  | 31,056
Carrying amount, net | $ | 788,053 |  | $ | 920,738
At September 30, 2017 and December 31, 2016, Oriental ha d $49.7 millio n and $66.2 million, respectively, in loans granted to the Puerto Rico government, including its instrumentalities, public corporations and municipalities as part of its acquired BBVAPR loans accounted for under ASC 310-30. These loans are primarily secure d municipal general obligations and funds recovered under a Puerto Rico escheat law. During the third quarter of 2017, Oriental received the scheduled payments of principal from the municipal general obligations and settled the loa n payable from funds recovered under the escheat law that was in default. T he following tables describe the accretable yield and non-accretable discount activity of acquired BBVAPR loans accounted for under ASC 310-30 for the quarters and nine-month perio ds ended September 30, 2017, and 2016
| Quarter Ended September 30, 2017
| Mortgage |  | Commercial |  | Auto |  | Consumer |  | Total
| (In thousands)
Accretable Yield Activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 270,148 |  | $ | 56,038 |  | $ | 4,853 |  | $ | 1,486 |  | $ | 332,525
Accretion |  | (7,434) |  |  | (7,114) |  |  | (1,350) |  |  | (384) |  |  | (16,282)
Change in expected cash flows |  | - |  |  | 3,716 |  |  | 13 |  |  | 37 |  |  | 3,766
Transfer (to) from non-accretable discount |  | (6,158) |  |  | (2,950) |  |  | (8) |  |  | 26 |  |  | (9,090)
Balance at end of period | $ | 256,556 |  | $ | 49,690 |  | $ | 3,508 |  | $ | 1,165 |  | $ | 310,919
Non-Accretable Discount Activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 306,504 |  | $ | 16,867 |  | $ | 23,960 |  | $ | 19,431 |  | $ | 366,762
Change in actual and expected losses |  | (2,310) |  |  | (8,679) |  |  | (191) |  |  | (124) |  |  | (11,304)
Transfer from (to) accretable yield |  | 6,158 |  |  | 2,950 |  |  | 8 |  |  | (26) |  |  | 9,090
Balance at end of period | $ | 310,352 |  | $ | 11,138 |  | $ | 23,777 |  | $ | 19,281 |  | $ | 364,548
| Nine-Month Period Ended September 30, 2017
| Mortgage |  | Commercial |  | Auto |  | Consumer |  | Total
| (In thousands)
Accretable Yield Activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 292,115 |  | $ | 50,366 |  | $ | 8,538 |  | $ | 3,682 |  | $ | 354,701
Accretion |  | (23,018) |  |  | (16,608) |  |  | (5,273) |  |  | (1,542) |  |  | (46,441)
Change in expected cash flows |  | 2 |  |  | 19,907 |  |  | 163 |  |  | 123 |  |  | 20,195
Transfer (to) from non-accretable discount |  | (12,543) |  |  | (3,975) |  |  | 80 |  |  | (1,098) |  |  | (17,536)
Balance at end of period | $ | 256,556 |  | $ | 49,690 |  | $ | 3,508 |  | $ | 1,165 |  | $ | 310,919
Non-Accretable Discount Activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 305,615 |  | $ | 16,965 |  | $ | 22,407 |  | $ | 18,120 |  | $ | 363,107
Change in actual and expected losses |  | (7,806) |  |  | (9,802) |  |  | 1,450 |  |  | 63 |  |  | (16,095)
Transfer from (to) accretable yield |  | 12,543 |  |  | 3,975 |  |  | (80) |  |  | 1,098 |  |  | 17,536
Balance at end of period | $ | 310,352 |  | $ | 11,138 |  | $ | 23,777 |  | $ | 19,281 |  | $ | 364,548
| Quarter Ended September 30, 2016
| Mortgage |  | Commercial |  | Auto |  | Consumer |  | Total
| (In thousands)
Accretable Yield Activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 283,823 |  | $ | 52,307 |  | $ | 14,103 |  | $ | 4,885 |  | $ | 355,118
Accretion |  | (8,197) |  |  | (6,686) |  |  | (3,107) |  |  | (662) |  |  | (18,652)
Change in actual and expected losses |  | (1) |  |  | 1,763 |  |  | 618 |  |  | (241) |  |  | 2,139
Transfer from (to) non-accretable discount |  | 24,056 |  |  | (1,013) |  |  | (525) |  |  | 233 |  |  | 22,751
Balance at end of period | $ | 299,681 |  | $ | 46,371 |  | $ | 11,089 |  | $ | 4,215 |  | $ | 361,356
Non-Accretable Discount Activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 336,153 |  | $ | 18,001 |  | $ | 22,121 |  | $ | 18,225 |  | $ | 394,500
Change in actual and expected losses |  | (2,591) |  |  | (1,216) |  |  | (309) |  |  | 121 |  |  | (3,995)
Transfer (to) from accretable yield |  | (24,056) |  |  | 1,013 |  |  | 525 |  |  | (233) |  |  | (22,751)
Balance at end of period | $ | 309,506 |  | $ | 17,798 |  | $ | 22,337 |  | $ | 18,113 |  | $ | 367,754
| Nine-Month Period Ended September 30, 2016
| Mortgage |  | Commercial |  | Auto |  | Consumer |  | Total
| (In thousands)
Accretable Yield Activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 268,794 |  | $ | 65,026 |  | $ | 21,578 |  | $ | 6,290 |  | $ | 361,688
Accretion |  | (24,798) |  |  | (20,973) |  |  | (10,934) |  |  | (2,470) |  |  | (59,175)
Change in actual and expected losses |  | (1) |  |  | 4,745 |  |  | 1,249 |  |  | (242) |  |  | 5,751
Transfer (to) from non-accretable discount |  | 55,686 |  |  | (2,427) |  |  | (804) |  |  | 637 |  |  | 53,092
Balance at end of period | $ | 299,681 |  | $ | 46,371 |  | $ | 11,089 |  | $ | 4,215 |  | $ | 361,356
Non-Accretable Discount Activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 374,772 |  | $ | 18,545 |  | $ | 22,039 |  | $ | 18,834 |  | $ | 434,190
Change in actual and expected losses |  | (9,580) |  |  | (3,174) |  |  | (506) |  |  | (84) |  |  | (13,344)
Transfer from (to) accretable yield |  | (55,686) |  |  | 2,427 |  |  | 804 |  |  | (637) |  |  | (53,092)
Balance at end of period | $ | 309,506 |  | $ | 17,798 |  | $ | 22,337 |  | $ | 18,113 |  | $ | 367,754
Acquired Eurobank Loans The carrying amount of acquired Eurobank loans at September 30, 2017 and December 31, 2016 is as follows:
| September 30 |  | December 31
| 2017 |  | 2016
| (In thousands)
Contractual required payments receivable: | $ | 182,562 |  | $ | 232,698
Less: Non-accretable discount |  | 6,935 |  |  | 12,340
Cash expected to be collected |  | 175,627 |  |  | 220,358
Less: Accretable yield |  | 52,383 |  |  | 64,508
Carrying amount, gross |  | 123,244 |  |  | 155,850
Less: Allowance for loan and lease losses |  | 23,146 |  |  | 21,281
Carrying amount, net | $ | 100,098 |  | $ | 134,569
The following tables describe the accretable yield and non-accretable discount activity of acquired Eurobank loans for the quarters and nine-month period s ended September 30, 2017, and 2016:
| Quarter Ended September 30, 2017
| Loans Secured by 1-4 Family Residential Properties |  | Commercial |  | Construction & Development Secured by 1-4 Family Residential Properties |  | Leasing |  | Consumer |  | Total
| (In thousands)
Accretable Yield Activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 43,012 |  |  | 9,157 |  |  | 1,906 |  |  | - |  |  | - |  |  | 54,075
Accretion |  | (1,736) |  |  | (2,480) |  |  | (39) |  |  | (11) |  |  | (73) |  |  | (4,339)
Change in expected cash flows |  | 18 |  |  | 106 |  |  | 39 |  |  | (49) |  |  | 346 |  |  | 460
Transfer from (to) non-accretable discount |  | 1,094 |  |  | 1,448 |  |  | (142) |  |  | 60 |  |  | (273) |  |  | 2,187
Balance at end of period | $ | 42,388 |  | $ | 8,231 |  | $ | 1,764 |  | $ | - |  | $ | - |  | $ | 52,383
Non-Accretable Discount Activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 6,687 |  |  | 2,010 |  |  | 299 |  |  | - |  |  | 14 |  |  | 9,010
Change in actual and expected losses |  | 20 |  |  | 126 |  |  | (39) |  |  | 60 |  |  | (55) |  |  | 112
Transfer from (to) accretable yield |  | (1,094) |  |  | (1,448) |  |  | 142 |  |  | (60) |  |  | 273 |  |  | (2,187)
Balance at end of period | $ | 5,613 |  | $ | 688 |  | $ | 402 |  | $ | - |  | $ | 232 |  | $ | 6,935
| Nine-Month Period Ended September 30, 2017
| Loans Secured by 1-4 Family Residential Properties |  | Commercial |  | Construction & Development Secured by 1-4 Family Residential Properties |  | Leasing |  | Consumer |  | Total
| (In thousands)
Accretable Yield Activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 45,839 |  | $ | 16,475 |  | $ | 2,194 |  | $ | - |  | $ | - |  | $ | 64,508
Accretion |  | (5,564) |  |  | (11,051) |  |  | (82) |  |  | (22) |  |  | (268) |  |  | (16,987)
Change in expected cash flows |  | 119 |  |  | 1,427 |  |  | 82 |  |  | (214) |  |  | 730 |  |  | 2,144
Transfer from (to) non-accretable discount |  | 1,994 |  |  | 1,380 |  |  | (430) |  |  | 236 |  |  | (462) |  |  | 2,718
Balance at end of period | $ | 42,388 |  | $ | 8,231 |  | $ | 1,764 |  | $ | - |  | $ | - |  | $ | 52,383
Non-Accretable Discount Activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 8,441 |  | $ | 3,880 |  | $ | 11 |  | $ | - |  | $ | 8 |  | $ | 12,340
Change in actual and expected losses |  | (834) |  |  | (1,812) |  |  | (39) |  |  | 236 |  |  | (238) |  |  | (2,687)
Transfer from (to) accretable yield |  | (1,994) |  |  | (1,380) |  |  | 430 |  |  | (236) |  |  | 462 |  |  | (2,718)
Balance at end of period | $ | 5,613 |  | $ | 688 |  | $ | 402 |  | $ | - |  | $ | 232 |  | $ | 6,935
| Quarter Ended September 30, 2016
| Loans Secured by 1-4 Family Residential Properties |  | Commercial |  | Construction & Development Secured by 1-4 Family Residential Properties |  | Leasing |  | Consumer |  | Total
| (In thousands)
Accretable Yield Activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 48,336 |  | $ | 29,142 |  | $ | 2,204 |  |  | - |  | $ | - |  | $ | 79,682
Accretion |  | (2,217) |  |  | (6,570) |  |  | - |  |  | (62) |  |  | (490) |  |  | (9,339)
Change in actual and expected losses |  | 646 |  |  | 1,719 |  |  | (8) |  |  | 62 |  |  | 490 |  |  | 2,909
Transfer from (to) non-accretable discount |  | 3,737 |  |  | (188) |  |  | (146) |  |  | - |  |  | - |  |  | 3,403
Balance at end of period | $ | 50,502 |  | $ | 24,103 |  | $ | 2,050 |  | $ | - |  | $ | - |  | $ | 76,655
Non-Accretable Discount Activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 11,555 |  | $ | - |  | $ | - |  | $ | - |  | $ | - |  | $ | 11,555
Change in actual and expected losses |  | (845) |  |  | 617 |  |  | 10 |  |  | - |  |  | - |  |  | (218)
Transfer (to) from accretable yield |  | (3,737) |  |  | 188 |  |  | 146 |  |  | - |  |  | - |  |  | (3,403)
Balance at end of period | $ | 6,973 |  | $ | 805 |  | $ | 156 |  | $ | - |  | $ | - |  | $ | 7,934
| Nine-Month Period Ended September 30, 2016
| Loans Secured by 1-4 Family Residential Properties |  | Commercial |  | Construction & Development Secured by 1-4 Family Residential Properties |  | Leasing |  | Consumer |  | Total
| (In thousands)
Accretable Yield Activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 51,954 |  | $ | 26,970 |  | $ | 2,255 |  | $ | - |  | $ | 3,212 |  | $ | 84,391
Accretion |  | (6,746) |  |  | (15,193) |  |  | (47) |  |  | (60) |  |  | (1,751) |  |  | (23,797)
Change in expected cash flows |  | 1,432 |  |  | 14,431 |  |  | (31) |  |  | (15) |  |  | (1,456) |  |  | 14,361
Transfer from (to) non-accretable discount |  | 3,862 |  |  | (2,105) |  |  | (127) |  |  | 75 |  |  | (5) |  |  | 1,700
Balance at end of period | $ | 50,502 |  | $ | 24,103 |  | $ | 2,050 |  | $ | - |  | $ | - |  | $ | 76,655
Non-Accretable Discount Activity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 12,869 |  | $ | - |  | $ | - |  | $ | - |  | $ | 8,287 |  | $ | 21,156
Change in actual and expected cash flows |  | (2,034) |  |  | (1,300) |  |  | 29 |  |  | 75 |  |  | (8,292) |  |  | (11,522)
Transfer (to) from accretable yield |  | (3,862) |  |  | 2,105 |  |  | 127 |  |  | (75) |  |  | 5 |  |  | (1,700)
Balance at end of period | $ | 6,973 |  | $ | 805 |  | $ | 156 |  | $ | - |  | $ | - |  | $ | 7,934
Non-accrual Loans The following table presents the recorded investment in loans in non-accrual status by class of loans as of September 30, 2017 and December 31, 2016:
| September 30, |  | December 31,
| 2017 |  | 2016
| (In thousands)
Originated and other loans and leases held for investment |  |  |  |  |
Mortgage |  |  |  |  |
Traditional (by origination year): |  |  |  |  |
Up to the year 2002 | $ | 2,789 |  | $ | 3,336
Years 2003 and 2004 |  | 6,107 |  |  | 7,668
Year 2005 |  | 3,367 |  |  | 4,487
Year 2006 |  | 5,537 |  |  | 6,746
Years 2007, 2008 and 2009 |  | 8,110 |  |  | 11,526
Years 2010, 2011, 2012, 2013 |  | 6,858 |  |  | 10,089
Years 2014, 2015, 2016 and 2017 |  | 1,248 |  |  | 1,404
|  | 34,016 |  |  | 45,256
Non-traditional |  | 3,529 |  |  | 4,730
Loss mitigation program |  | 17,365 |  |  | 20,744
|  | 54,910 |  |  | 70,730
Home equity secured personal loans |  | 12 |  |  | -
|  | 54,922 |  |  | 70,730
Commercial |  |  |  |  |
Commercial secured by real estate |  |  |  |  |
Institutional |  | 254 |  |  | -
Middle market |  | 3,848 |  |  | 4,682
Retail |  | 14,358 |  |  | 11,561
|  | 18,460 |  |  | 16,243
Other commercial and industrial |  |  |  |  |
Middle market |  | 968 |  |  | 1,278
Retail |  | 2,220 |  |  | 1,950
Floor plan |  | 53 |  |  | 61
|  | 3,241 |  |  | 3,289
|  | 21,701 |  |  | 19,532
Consumer |  |  |  |  |
Credit cards |  | 565 |  |  | 525
Overdrafts |  | 19 |  |  | -
Personal lines of credit |  | 9 |  |  | 32
Personal loans |  | 1,834 |  |  | 1,420
Cash collateral personal loans |  | 18 |  |  | 4
|  | 2,445 |  |  | 1,981
Auto and leasing |  | 11,811 |  |  | 9,052
Total non-accrual originated loans | $ | 90,879 |  | $ | 101,295
| September 30, |  | December 31,
| 2017 |  | 2016
| (In thousands)
Acquired BBVAPR loans accounted for under ASC 310-20 |  |  |  |  |
Commercial |  |  |  |  |
Commercial secured by real estate |  |  |  |  |
Retail | $ | 121 |  | $ | 143
Floor plan |  | 936 |  |  | 1,149
|  | 1,057 |  |  | 1,292
Other commercial and industrial |  |  |  |  |
Retail |  | 82 |  |  | 121
Floor plan |  | 2 |  |  | 2
|  | 84 |  |  | 123
|  | 1,141 |  |  | 1,415
Consumer |  |  |  |  |
Credit cards |  | 467 |  |  | 708
Personal loans |  | 39 |  |  | 120
|  | 506 |  |  | 828
Auto |  | 481 |  |  | 552
Total non-accrual acquired BBVAPR loans accounted for under ASC 310-20 |  | 2,128 |  |  | 2,795
Total non-accrual loans | $ | 93,007 |  | $ | 104,090
Loans accounted for under ASC 310-30 are excluded from the above table as they are considered to be performing due to the application of the accretion method, in which these loans will accrete interest income over the remaining life of the loans using estimated cash flow analyses or are accounted under the cost recovery method. Delinquent residential mortgage loans insured or guaranteed under applicable FHA and VA programs are classified as non-performing loans when they become 90 days or more past due, but are not placed in non-accrual status until they become 18 months or more past due, since they are insured loans. Therefore, these loans are included as non-performing loans but excluded from non-accrual loans. In addition, these loans are excluded fr om the impairment analysis. At September 30, 2017 and December 31, 2016, loans whose terms have been extended and which are classified as troubled-debt restructurings that are not included in non-accrual loans amounted to $10 9.8 million and $98.1 million, respectively, as they are performing under their new terms. Impaired Loans Oriental evaluates all loans, some individually and others as homogeneous groups, for purposes of determining impairment. The total investment in impaired commercial loans that were individually evaluated for impairment was $67.8 million and $54.3 million at September 30, 2017 and December 31, 2016, respectively. The impairments on these commercial loans were measured based on the fair value of collateral or the present value of cash flows, including those identified as troubled-debt restr ucturings. The allowance for loan and lease losses for these impaired commercial loans amounted to $5.2 million and $1.8 million at September 30, 2017 and December 31, 2016, respectively. The total investment in impaired mortgage loans that were individual ly evaluated for impairment was $86.5 million and $91.6 million at September 30, 2017 and December 31, 2016, respectively. Impairment on mortgage loans assessed as troubled-debt restructurings was measured using the present value of cash flows. The allowan ce for loan losses for these impaired mortgage loans amounted to $9.5 million and $7.8 million at September 30, 2017 and December 31, 2016, respectively. Originated and Other Loans and Leases Held for Investment Oriental’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 September 30, 2017 and December 31, 2016 are as follows:
| September 30, 2017 |  |
| Unpaid |  | Recorded |  | Related |  |  |  |
| Principal |  | Investment |  | Allowance |  | Coverage |  |
| (In thousands) |  |
Impaired loans with specific allowance: |  |  |  |  |  |  |  |  |  |  |  |
Commercial | $ | 33,159 |  | $ | 30,465 |  | $ | 5,223 |  | 17% |  |
Residential impaired and troubled-debt restructuring |  | 95,680 |  |  | 86,511 |  |  | 9,524 |  | 11% |  |
Impaired loans with no specific allowance: |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  | 42,520 |  |  | 36,574 |  |  | N/A |  | 0% |  |
Total investment in impaired loans | $ | 171,359 |  | $ | 153,550 |  | $ | 14,747 |  | 10% |  |
| December 31, 2016 |  |
| Unpaid |  | Recorded |  | Related |  |  |  |
| Principal |  | Investment |  | Allowance |  | Coverage |  |
| (In thousands) |  |
Impaired loans with specific allowance: |  |  |  |  |  |  |  |  |  |  |  |
Commercial | $ | 13,183 |  | $ | 11,698 |  | $ | 1,626 |  | 14% |  |
Residential impaired and troubled-debt restructuring |  | 100,101 |  |  | 91,650 |  |  | 7,761 |  | 8% |  |
Impaired loans with no specific allowance |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  | 49,038 |  |  | 41,441 |  |  | N/A |  | 0% |  |
Total investment in impaired loans | $ | 162,322 |  | $ | 144,789 |  | $ | 9,387 |  | 6% |  |
Acquired BBVAPR Loans Accounted for under ASC 310-20 (Loans with revolving feature and/or acquired at a premium) Oriental’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 September 30, 2017 and December 31, 2016 are as follows:
| September 30, 2017
| Unpaid |  | Recorded |  | Related |  |
| Principal |  | Investment |  | Allowance |  | Coverage
| (In thousands)
Impaired loans with specific allowance |  |  |  |  |  |  |  |  |  |
Commercial | $ | 926 |  | $ | 748 |  | $ | 12 |  | 2%
Impaired loans with no specific allowance |  |  |  |  |  |  |  |  |  |
Commercial | $ | - |  | $ | - |  |  | N/A |  | 0%
Total investment in impaired loans | $ | 926 |  | $ | 748 |  | $ | 12 |  | 2%
| December 31, 2016
| Unpaid |  | Recorded |  | Specific |  |
| Principal |  | Investment |  | Allowance |  | Coverage
| (In thousands)
Impaired loans with specific allowance |  |  |  |  |  |  |  |  |  |
Commercial | $ | 944 |  | $ | 929 |  | $ | 141 |  | 15%
Impaired loans with no specific allowance |  |  |  |  |  |  |  |  |  |
Commercial | $ | 240 |  | $ | 221 |  |  | N/A |  | 0%
Total investment in impaired loans | $ | 1,184 |  | $ | 1,150 |  | $ | 141 |  | 12%
Acquired BBVAPR Loans Accounted for under ASC 310-30 (including those accounted for under ASC 310-30 by analogy) Oriental’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 September 30, 2017 and December 31, 2016 are as follows:
| September 30, 2017
|  |  |  |  |  |  |  |  |  | Coverage
| Unpaid |  | Recorded |  |  |  | to Recorded
| Principal |  | Investment |  | Allowance |  | Investment
| (In thousands)
Impaired loan pools with specific allowance: |  |  |  |  |  |  |  |  |  |
Mortgage | $ | 554,175 |  | $ | 532,948 |  | $ | 8,931 |  | 2%
Commercial |  | 254,006 |  |  | 242,334 |  |  | 23,941 |  | 10%
Auto |  | 49,347 |  |  | 49,258 |  |  | 7,238 |  | 15%
Total investment in impaired loan pools | $ | 857,528 |  | $ | 824,540 |  | $ | 40,110 |  | 5%
| December 31 , 2016
|  |  |  |  |  |  |  |  |  | Coverage
| Unpaid |  | Recorded |  |  |  | to Recorded
| Principal |  | Investment |  | Allowance |  | Investment
| (In thousands)
Impaired loan pools with specific allowance: |  |  |  |  |  |  |  |  |  |
Mortgage | $ | 595,757 |  | $ | 569,250 |  | $ | 2,682 |  | 0%
Commercial |  | 199,092 |  |  | 195,528 |  |  | 23,452 |  | 12%
Auto |  | 92,797 |  |  | 85,676 |  |  | 4,922 |  | 6%
Total investment in impaired loan pools | $ | 887,646 |  | $ | 850,454 |  | $ | 31,056 |  | 4%
The tables above only present information with respect to acquired BBVAPR loan pools accounted for under ASC 310-30 if there is a recorded impairment to such loan pools and a specific allowance for loan losses. Acquired Eurobank Loans Oriental’s recorded investment in acquired Eurobank loan pools that have recorded impairments and their related allowance for loan and lease losses as of September 30, 2017 and December 31, 2016 are as follows:
| September 30, 2017
|  |  |  |  |  |  |  |  |  | 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 | $ | 81,679 |  | $ | 68,996 |  | $ | 14,219 |  | 21%
Commercial |  | 58,043 |  |  | 51,523 |  |  | 8,922 |  | 17%
Consumer |  | 15 |  |  | 1,220 |  |  | 5 |  | 0%
Total investment in impaired loan pools | $ | 139,737 |  | $ | 121,739 |  | $ | 23,146 |  | 19%
| December 31, 2016
|  |  |  |  |  |  |  |  |  | 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 | $ | 88,017 |  | $ | 73,018 |  | $ | 11,947 |  | 16%
Commercial |  | 81,992 |  |  | 72,140 |  |  | 9,328 |  | 13%
Consumer |  | 29 |  |  | 1,372 |  |  | 6 |  | 0%
Total investment in impaired loan pools | $ | 170,038 |  | $ | 146,530 |  | $ | 21,281 |  | 15%
The tables above only present information with respect to acquired Eurobank loan pools accounted for under ASC 310-30 if there is a recorded impairment to such 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, which excludes loans accounted for under ASC 310-30, for the quarters and nine-month periods ended September 30, 2017 and 2016:
| Quarter Ended September 30,
| 2017 |  | 2016
| 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 | $ | 306 |  | $ | 24,178 |  | $ | 162 |  | $ | 73,729
Residential troubled-debt restructuring |  | 576 |  |  | 86,694 |  |  | 765 |  |  | 91,345
Impaired loans with no specific allowance |  |  |  |  |  |  |  |  |  |  |
Commercial |  | 675 |  |  | 36,133 |  |  | 259 |  |  | 62,946
|  | 1,557 |  |  | 147,005 |  |  | 1,186 |  |  | 228,020
Acquired loans accounted for under ASC 310-20: |  |  |  |  |  |  |  |  |  |  |
Impaired loans with specific allowance |  |  |  |  |  |  |  |  |  |  |
Commercial |  | - |  |  | 751 |  |  | 15 |  |  | 323
Impaired loans with no specific allowance |  |  |  |  |  |  |  |  |  |  |
Commercial |  | - |  |  | - |  |  | - |  |  | 952
Total interest income from impaired loans | $ | 1,557 |  | $ | 147,756 |  | $ | 1,201 |  | $ | 229,295
| Nine-Month Period Ended September 30,
| 2017 |  |  | 2016
| 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 | $ | 612 |  | $ | 17,298 |  | $ | 202 |  | $ | 155,094
Residential troubled-debt restructuring |  | 1,685 |  |  | 87,951 |  |  | 2,321 |  |  | 90,881
Impaired loans with no specific allowance |  |  |  |  |  |  |  |  |  |  |
Commercial |  | 1,350 |  |  | 41,519 |  |  | 749 |  |  | 42,050
Total interest income from impaired loans | $ | 3,647 |  | $ | 146,768 |  | $ | 3,272 |  | $ | 288,025
Acquired loans accounted for under ASC 310-20: |  |  |  |  |  |  |  |  |  |  |
Impaired loans with specific allowance |  |  |  |  |  |  |  |  |  |  |
Commercial | $ | - |  | $ | 810 |  | $ | 45 |  | $ | 108
Impaired loans with no specific allowance |  |  |  |  |  |  |  |  |  |  |
Commercial |  | - |  |  | - |  |  | - |  |  | 736
Total interest income from impaired loans | $ | 3,647 |  | $ | 147,578 |  | $ | 3,317 |  | $ | 288,869
Modifications The following tables present the troubled-debt restructurings in all loan portfolios during the quarters and nine-month periods ended September 30, 2017 and 2016.
| Quarter Ended September 30, 2017
| 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 | 15 |  | $ | 1,796 |  | 6.18% |  | 401 |  | $ | 1,804 |  | 4.28% |  | 409
Commercial | 2 |  |  | 154 |  | 7.99% |  | 53 |  |  | 154 |  | 8.45% |  | 51
Consumer | 30 |  |  | 383 |  | 11.52% |  | 61 |  |  | 383 |  | 11.21% |  | 68
Auto | 2 |  |  | 23 |  | 6.42% |  | 63 |  |  | 23 |  | 8.13% |  | 31
| Nine-Month Period Ended September 30, 2017
| 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 | 74 |  | $ | 9,149 |  | 6.27% |  | 390 |  | $ | 9,132 |  | 4.26% |  | 384
Commercial | 20 |  |  | 3,527 |  | 6.51% |  | 55 |  |  | 3,528 |  | 5.55% |  | 66
Consumer | 93 |  |  | 1,262 |  | 11.87% |  | 64 |  |  | 1,301 |  | 10.79% |  | 70
Auto | 9 |  |  | 134 |  | 7.24% |  | 66 |  |  | 135 |  | 11.75% |  | 37
| Quarter Ended September 30, 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 | 20 |  | $ | 2,737 |  | 6.28% |  | 297 |  | $ | 2,768 |  | 4.72% |  | 387
Commercial | 5 |  |  | 7,352 |  | 5.31% |  | 65 |  |  | 7,352 |  | 5.89% |  | 130
Consumer | 20 |  |  | 183 |  | 14.73% |  | 72 |  |  | 210 |  | 12.72% |  | 54
| Nine-Month Period Ended September 30, 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 | 72 |  | $ | 9,558 |  | 6.00% |  | 347 |  | $ | 9,284 |  | 4.69% |  | 462
Commercial | 13 |  |  | 8,675 |  | 5.53% |  | 63 |  |  | 8,676 |  | 5.95% |  | 120
Consumer | 67 |  |  | 739 |  | 13.63% |  | 74 |  |  | 813 |  | 11.12% |  | 67
The following table presents troubled-debt restructurings for which there was a payment default during the twelve month periods ended September 30, 2017 and 2016:
| Twelve Month Period Ended September 30,
| 2017 |  |  | 2016
| Number of Contracts |  | Recorded Investment |  |  | Number of Contracts |  | Recorded Investment
| (Dollars in thousands)
Mortgage | 28 |  | $ | 2,663 |  |  | 23 |  | $ | 3,437
Commercial | 8 |  | $ | 868 |  |  | 2 |  | $ | 157
Consumer | 22 |  | $ | 248 |  |  | 7 |  | $ | 68
Credit Quality Indicators Oriental categorizes originated and other loans and acquired loans accounted for under ASC 310-20 into risk categories based on relevant information about the ability of borrowers to service their debt, such as economic conditions, portfolio risk characteristics, prior loss experience, and the results of periodic credit reviews of individual loans. Oriental uses the following definitions for risk ratings: Pass: Loans classified as “pass” have a well-defined primary s ource of repayment very likely to be sufficient, with no apparent risk, strong financial position, minimal operating risk, profitability, liquidity and capitalization better than industry standards. Special Mention: Loans classified as “special mention” h ave a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution’s credit position at some future date. Substanda rd: Loans classified as “substandard” are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidatio n of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful: Loans classified as “doubtful” have all the weaknesses inherent in those classified as substanda rd, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, questionable and improbable. Loss: Loans classified as “loss” are considered uncollectible and of such little value that their continuance as bankable assets is not warranted. This classification does not mean that the asset has absolutely no recovery or salvage value, but rather that it is not practical or desirable to defer writing off this worthl ess loan even though partial recovery may be effected in the future. Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass rated loans. As of September 30, 2017 and December 31, 2016, 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:
| September 30, 2017
| Risk Ratings
| Balance |  |  |  |  | Special |  |  |  |  |  |  |  |
| Outstanding |  | Pass |  | Mention |  | Substandard |  | Doubtful |  | Loss
| (In thousands)
Commercial - originated and other loans held for investment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate | $ | 209,000 |  | $ | 192,513 |  | $ | 14,550 |  | $ | 1,937 |  | $ | - |  | $ | -
Institutional |  | 46,176 |  |  | 34,348 |  |  | - |  |  | 11,828 |  |  | - |  |  | -
Middle market |  | 237,677 |  |  | 198,479 |  |  | 11,020 |  |  | 28,178 |  |  | - |  |  | -
Retail |  | 243,925 |  |  | 214,924 |  |  | 7,585 |  |  | 21,416 |  |  | - |  |  | -
Floor plan |  | 3,607 |  |  | 2,287 |  |  | 1,320 |  |  | - |  |  | - |  |  | -
Real estate |  | 15,473 |  |  | 15,473 |  |  | - |  |  | - |  |  | - |  |  | -
|  | 755,858 |  |  | 658,024 |  |  | 34,475 |  |  | 63,359 |  |  | - |  |  | -
Other commercial and industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  | 163,192 |  |  | 163,192 |  |  | - |  |  | - |  |  | - |  |  | -
Institutional |  | 118,091 |  |  | 118,091 |  |  | - |  |  | - |  |  | - |  |  | -
Middle market |  | 81,944 |  |  | 65,530 |  |  | 8,618 |  |  | 7,796 |  |  | - |  |  | -
Retail |  | 88,169 |  |  | 83,729 |  |  | 891 |  |  | 3,549 |  |  | - |  |  | -
Floor plan |  | 38,457 |  |  | 35,368 |  |  | 3,036 |  |  | 53 |  |  | - |  |  | -
|  | 489,853 |  |  | 465,910 |  |  | 12,545 |  |  | 11,398 |  |  | - |  |  | -
Total |  | 1,245,711 |  |  | 1,123,934 |  |  | 47,020 |  |  | 74,757 |  |  | - |  |  | -
Commercial - acquired loans (under ASC 310-20) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail |  | 121 |  |  | - |  |  | - |  |  | 121 |  |  | - |  |  | -
Floor plan |  | 1,329 |  |  | 393 |  |  | - |  |  | 936 |  |  | - |  |  | -
|  | 1,450 |  |  | 393 |  |  | - |  |  | 1,057 |  |  | - |  |  | -
Other commercial and industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail |  | 3,160 |  |  | 3,154 |  |  | - |  |  | 6 |  |  | - |  |  | -
Floor plan |  | 2 |  |  | - |  |  | - |  |  | 2 |  |  | - |  |  | -
|  | 3,162 |  |  | 3,154 |  |  | - |  |  | 8 |  |  | - |  |  | -
Total |  | 4,612 |  |  | 3,547 |  |  | - |  |  | 1,065 |  |  | - |  |  | -
| September 30, 2017
| Risk Ratings
| Balance |  |  |  |  | Special |  |  |  |  |  |  |  |
| Outstanding |  | Pass |  | Mention |  | Substandard |  | Doubtful |  | Loss
| (In thousands)
Retail - originated and other loans held for investment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Traditional |  | 559,009 |  |  | 524,825 |  |  | - |  |  | 34,184 |  |  | - |  |  | -
Non-traditional |  | 18,705 |  |  | 15,176 |  |  | - |  |  | 3,529 |  |  | - |  |  | -
Loss mitigation program |  | 103,490 |  |  | 87,549 |  |  | - |  |  | 15,941 |  |  | - |  |  | -
Home equity secured personal loans |  | 273 |  |  | 261 |  |  | - |  |  | 12 |  |  | - |  |  | -
GNMA's buy-back option program |  | 12,999 |  |  | - |  |  | - |  |  | 12,999 |  |  | - |  |  | -
|  | 694,476 |  |  | 627,811 |  |  | - |  |  | 66,665 |  |  | - |  |  | -
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit cards |  | 28,010 |  |  | 27,445 |  |  | - |  |  | 565 |  |  | - |  |  | -
Overdrafts |  | 265 |  |  | 190 |  |  | - |  |  | 75 |  |  | - |  |  | -
Unsecured personal lines of credit |  | 2,344 |  |  | 2,335 |  |  | - |  |  | 9 |  |  | - |  |  | -
Unsecured personal loans |  | 270,894 |  |  | 270,160 |  |  | - |  |  | 734 |  |  | - |  |  | -
Cash collateral personal loans |  | 14,844 |  |  | 14,826 |  |  | - |  |  | 18 |  |  | - |  |  | -
|  | 316,357 |  |  | 314,956 |  |  | - |  |  | 1,401 |  |  | - |  |  | -
Auto and Leasing |  | 831,437 |  |  | 820,606 |  |  | - |  |  | 10,831 |  |  | - |  |  | -
Total |  | 1,842,270 |  |  | 1,763,373 |  |  | - |  |  | 78,897 |  |  | - |  |  | -
Retail - acquired loans (accounted for under ASC 310-20) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit cards |  | 26,808 |  |  | 26,342 |  |  | - |  |  | 466 |  |  | - |  |  | -
Personal loans |  | 2,656 |  |  | 2,617 |  |  | - |  |  | 39 |  |  | - |  |  | -
|  | 29,464 |  |  | 28,959 |  |  | - |  |  | 505 |  |  | - |  |  | -
Auto |  | 26,562 |  |  | 26,109 |  |  | - |  |  | 453 |  |  | - |  |  | -
|  | 56,026 |  |  | 55,068 |  |  | - |  |  | 958 |  |  | - |  |  | -
| $ | 3,148,619 |  | $ | 2,945,922 |  | $ | 47,020 |  | $ | 155,677 |  | $ | - |  | $ | -
| December 31, 2016
| Risk Ratings
| Balance |  |  |  |  | Special |  |  |  |  |  |  |  |
| Outstanding |  | Pass |  | Mention |  | Substandard |  | Doubtful |  | Loss
| (In thousands)
Commercial - originated and other loans held for investment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate | $ | 242,770 |  | $ | 226,768 |  | $ | 16,002 |  | $ | - |  | $ | - |  | $ | -
Institutional |  | 26,800 |  |  | 16,067 |  |  | 9,090 |  |  | 1,643 |  |  | - |  |  | -
Middle market |  | 234,981 |  |  | 194,913 |  |  | 11,689 |  |  | 28,379 |  |  | - |  |  | -
Retail |  | 249,728 |  |  | 222,205 |  |  | 8,559 |  |  | 18,964 |  |  | - |  |  | -
Floor plan |  | 2,989 |  |  | 2,989 |  |  | - |  |  | - |  |  | - |  |  | -
Real estate |  | 16,395 |  |  | 16,395 |  |  | - |  |  | - |  |  | - |  |  | -
|  | 773,663 |  |  | 679,337 |  |  | 45,340 |  |  | 48,986 |  |  | - |  |  | -
Other commercial and industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  | 136,438 |  |  | 136,438 |  |  | - |  |  | - |  |  | - |  |  | -
Institutional |  | 180,285 |  |  | 180,185 |  |  | 100 |  |  | - |  |  | - |  |  | -
Middle market |  | 81,633 |  |  | 63,556 |  |  | 16,150 |  |  | 1,927 |  |  | - |  |  | -
Retail |  | 73,705 |  |  | 68,743 |  |  | 731 |  |  | 4,231 |  |  | - |  |  | -
Floor plan |  | 32,142 |  |  | 29,267 |  |  | 2,814 |  |  | 61 |  |  | - |  |  | -
|  | 504,203 |  |  | 478,189 |  |  | 19,795 |  |  | 6,219 |  |  | - |  |  | -
Total |  | 1,277,866 |  |  | 1,157,526 |  |  | 65,135 |  |  | 55,205 |  |  | - |  |  | -
Commercial - acquired loans (under ASC 310-20) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial secured by real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail |  | 143 |  |  | - |  |  | - |  |  | 143 |  |  | - |  |  | -
Floor plan |  | 2,390 |  |  | 905 |  |  | 337 |  |  | 1,148 |  |  | - |  |  | -
|  | 2,533 |  |  | 905 |  |  | 337 |  |  | 1,291 |  |  | - |  |  | -
Other commercial and industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail |  | 3,027 |  |  | 3,014 |  |  | - |  |  | 13 |  |  | - |  |  | -
Floor plan |  | 2 |  |  | - |  |  | - |  |  | 2 |  |  | - |  |  | -
|  | 3,029 |  |  | 3,014 |  |  | - |  |  | 15 |  |  | - |  |  | -
Total |  | 5,562 |  |  | 3,919 |  |  | 337 |  |  | 1,306 |  |  | - |  |  | -
| December 31, 2016
| Risk Ratings
| Balance |  |  |  |  | Special |  |  |  |  |  |  |  |
| Outstanding |  | Pass |  | Mention |  | Substandard |  | Doubtful |  | Loss
| (In thousands)
Retail - originated and other loans held for investment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Traditional |  | 585,089 |  |  | 540,373 |  |  | - |  |  | 44,716 |  |  | - |  |  | -
Non-traditional |  | 22,859 |  |  | 18,129 |  |  | - |  |  | 4,730 |  |  | - |  |  | -
Loss mitigation program |  | 103,528 |  |  | 86,987 |  |  | - |  |  | 16,541 |  |  | - |  |  | -
Home equity secured personal loans |  | 337 |  |  | 337 |  |  | - |  |  | - |  |  | - |  |  | -
GNMA's buy-back option program |  | 9,681 |  |  | - |  |  | - |  |  | 9,681 |  |  | - |  |  | -
|  | 721,494 |  |  | 645,826 |  |  | - |  |  | 75,668 |  |  | - |  |  | -
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit cards |  | 26,358 |  |  | 25,833 |  |  | - |  |  | 525 |  |  | - |  |  | -
Overdrafts |  | 207 |  |  | 174 |  |  | - |  |  | 33 |  |  | - |  |  | -
Unsecured personal lines of credit |  | 2,404 |  |  | 2,372 |  |  | - |  |  | 32 |  |  | - |  |  | -
Unsecured personal loans |  | 246,272 |  |  | 245,190 |  |  | - |  |  | 1,082 |  |  | - |  |  | -
Cash collateral personal loans |  | 15,274 |  |  | 15,270 |  |  | - |  |  | 4 |  |  | - |  |  | -
|  | 290,515 |  |  | 288,839 |  |  | - |  |  | 1,676 |  |  | - |  |  | -
Auto and Leasing |  | 756,395 |  |  | 748,221 |  |  | - |  |  | 8,174 |  |  | - |  |  | -
Total |  | 1,768,404 |  |  | 1,682,886 |  |  | - |  |  | 85,518 |  |  | - |  |  | -
Retail - acquired loans (under ASC 310-20) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit cards |  | 30,093 |  |  | 29,386 |  |  | - |  |  | 707 |  |  | - |  |  | -
Personal loans |  | 2,769 |  |  | 2,649 |  |  | - |  |  | 120 |  |  | - |  |  | -
|  | 32,862 |  |  | 32,035 |  |  | - |  |  | 827 |  |  | - |  |  | -
Auto |  | 53,026 |  |  | 52,510 |  |  | - |  |  | 516 |  |  | - |  |  | -
Total |  | 85,888 |  |  | 84,545 |  |  | - |  |  | 1,343 |  |  | - |  |  | -
| $ | 3,137,720 |  | $ | 2,928,876 |  | $ | 65,472 |  | $ | 143,372 |  | $ | - |  | $ | -

X
- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66008989&loc=d3e5066-111524 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(4)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(6)) -URI http://asc.fasb.org/extlink&oid=6488278&loc=d3e603758-122996 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=66008989&loc=d3e5162-111524 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(5)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(7)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=66008989&loc=d3e5074-111524 + Details
Name: | us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration