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Investments Securities (Tables) | 3 Months Ended
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Mar. 31, 2018
Investments [Abstract] |
Investment Table Text Block |
| March 31, 2018
|  |  | Gross |  | Gross |  |  |  | Weighted
| Amortized |  | Unrealized |  | Unrealized |  | Fair |  | Average
| Cost |  | Gains |  | Losses |  | Value |  | Yield
| (In thousands)
Available-for-sale |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage-backed securities |  |  |  |  |  |  |  |  |  |  |  |  |
FNMA and FHLMC certificates | $ | 538,900 |  | $ | 328 |  | $ | 9,133 |  | $ | 530,095 |  | 2.51%
GNMA certificates |  | 182,055 |  |  | 317 |  |  | 2,870 |  |  | 179,502 |  | 2.97%
CMOs issued by US government-sponsored agencies |  | 78,104 |  |  | - |  |  | 2,729 |  |  | 75,375 |  | 1.90%
Total mortgage-backed securities |  | 799,059 |  |  | 645 |  |  | 14,732 |  |  | 784,972 |  | 2.56%
Investment securities |  |  |  |  |  |  |  |  |  |  |  |  |
US Treasury securities |  | 10,280 |  |  | - |  |  | 156 |  |  | 10,124 |  | 1.28%
Obligations of US government-sponsored agencies |  | 2,773 |  |  | - |  |  | 72 |  |  | 2,701 |  | 1.38%
Obligations of Puerto Rico government and public instrumentalities |  | 2,455 |  |  | - |  |  | 43 |  |  | 2,412 |  | 5.55%
Other debt securities |  | 1,403 |  |  | 29 |  |  | - |  |  | 1,432 |  | 2.98%
Total investment securities |  | 16,911 |  |  | 29 |  |  | 271 |  |  | 16,669 |  | 2.06%
Total securities available for sale | $ | 815,970 |  | $ | 674 |  | $ | 15,003 |  | $ | 801,641 |  | 2.55%
Held-to-maturity |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage-backed securities |  |  |  |  |  |  |  |  |  |  |  |  |
FNMA and FHLMC certificates | $ | 485,143 |  | $ | - |  | $ | 17,163 |  | $ | 467,980 |  | 2.07%
| December 31, 2017
|  |  | Gross |  | Gross |  |  |  | Weighted
| Amortized |  | Unrealized |  | Unrealized |  | Fair |  | Average
| Cost |  | Gains |  | Losses |  | Value |  | Yield
| (In thousands)
Available-for-sale |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage-backed securities |  |  |  |  |  |  |  |  |  |  |  |  |
FNMA and FHLMC certificates | $ | 383,194 |  | $ | 1,402 |  | $ | 2,881 |  | $ | 381,715 |  | 2.39%
GNMA certificates |  | 166,436 |  |  | 1,486 |  |  | 584 |  |  | 167,338 |  | 2.94%
CMOs issued by US government-sponsored agencies |  | 82,026 |  |  | - |  |  | 1,955 |  |  | 80,071 |  | 1.90%
Total mortgage-backed securities |  | 631,656 |  |  | 2,888 |  |  | 5,420 |  |  | 629,124 |  | 2.47%
Investment securities |  |  |  |  |  |  |  |  |  |  |  |  |
US Treasury securities |  | 10,276 |  |  | - |  |  | 113 |  |  | 10,163 |  | 1.25%
Obligations of US government-sponsored agencies |  | 2,927 |  |  | - |  |  | 48 |  |  | 2,879 |  | 1.38%
Obligations of Puerto Rico government and public instrumentalities |  | 2,455 |  |  | - |  |  | 362 |  |  | 2,093 |  | 5.55%
Other debt securities |  | 1,486 |  |  | 52 |  |  | - |  |  | 1,538 |  | 2.97%
Total investment securities |  | 17,144 |  |  | 52 |  |  | 523 |  |  | 16,673 |  | 2.04%
Total securities available-for-sale | $ | 648,800 |  | $ | 2,940 |  | $ | 5,943 |  | $ | 645,797 |  | 2.46%
Held-to-maturity |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage-backed securities |  |  |  |  |  |  |  |  |  |  |  |  |
FNMA and FHLMC certificates | $ | 506,064 |  | $ | - |  | $ | 8,383 |  | $ | 497,681 |  | 2.07%
| March 31, 2018
| Available-for-sale |  | Held-to-maturity
| Amortized Cost |  | Fair Value |  | Amortized Cost |  | Fair Value
| (In thousands)
Mortgage-backed securities |  |  |  |  |  |  |  |  |  |  |
Due from 1 to 5 years |  |  |  |  |  |  |  |  |  |  |
FNMA and FHLMC certificates | $ | 5,651 |  | $ | 5,598 |  | $ | - |  | $ | -
Total due from 1 to 5 years |  | 5,651 |  |  | 5,598 |  |  | - |  |  | -
Due after 5 to 10 years |  |  |  |  |  |  |  |  |  |  |
CMOs issued by US government-sponsored agencies | $ | 69,086 |  | $ | 66,513 |  | $ | - |  | $ | -
FNMA and FHLMC certificates |  | 216,028 |  |  | 212,418 |  |  | - |  |  | -
Total due after 5 to 10 years |  | 285,114 |  |  | 278,931 |  |  | - |  |  | -
Due after 10 years |  |  |  |  |  |  |  |  |  |  |
FNMA and FHLMC certificates | $ | 317,221 |  | $ | 312,079 |  | $ | 485,143 |  | $ | 467,980
GNMA certificates |  | 182,055 |  |  | 179,502 |  |  | - |  |  | -
CMOs issued by US government-sponsored agencies |  | 9,018 |  |  | 8,862 |  |  | - |  |  | -
Total due after 10 years |  | 508,294 |  |  | 500,443 |  |  | 485,143 |  |  | 467,980
Total mortgage-backed securities |  | 799,059 |  |  | 784,972 |  |  | 485,143 |  |  | 467,980
Investment securities |  |  |  |  |  |  |  |  |  |  |
Due less than one year |  |  |  |  |  |  |  |  |  |  |
US Treasury securities | $ | 322 |  | $ | 322 |  | $ | - |  | $ | -
Obligations of Puerto Rico government and public instrumentalities |  | 2,455 |  |  | 2,412 |  |  | - |  |  | -
Total due in less than one year |  | 2,777 |  |  | 2,734 |  |  | - |  |  | -
Due from 1 to 5 years |  |  |  |  |  |  |  |  |  |  |
US Treasury securities | $ | 9,958 |  | $ | 9,802 |  | $ | - |  | $ | -
Obligations of US government and sponsored agencies |  | 2,773 |  |  | 2,701 |  |  | - |  |  | -
Total due from 1 to 5 years |  | 12,731 |  |  | 12,503 |  |  | - |  |  | -
Due from 5 to 10 years |  |  |  |  |  |  |  |  |  |  |
Other debt securities |  | 1,403 |  |  | 1,432 |  |  | - |  |  | -
Total due after 5 to 10 years |  | 1,403 |  |  | 1,432 |  |  | - |  |  | -
Total investment securities |  | 16,911 |  |  | 16,669 |  |  | - |  |  | -
Total | $ | 815,970 |  | $ | 801,641 |  | $ | 485,143 |  | $ | 467,980
Unrealized Gain Loss On Investments Table Text Block |
| March 31, 2018
| 12 months or more
| Amortized |  | Unrealized |  | Fair
| Cost |  | Loss |  | Value
| (In thousands)
Securities available-for-sale |  |  |  |  |  |  |  |
CMOs issued by US Government-sponsored agencies | $ | 69,921 |  | $ | 2,594 |  | $ | 67,327
FNMA and FHLMC certificates |  | 106,196 |  |  | 3,804 |  |  | 102,392
Obligations of US Government and sponsored agencies |  | 2,773 |  |  | 72 |  |  | 2,701
Obligations of Puerto Rico government and public instrumentalities |  | 2,455 |  |  | 43 |  |  | 2,412
GNMA certificates |  | 20,678 |  |  | 906 |  |  | 19,772
US Treasury Securities |  | 9,958 |  |  | 156 |  |  | 9,802
| $ | 211,981 |  | $ | 7,575 |  | $ | 204,406
Securities held to maturity |  |  |  |  |  |  |  |
FNMA and FHLMC certificates | $ | 338,260 |  | $ | 13,311 |  | $ | 324,949
| Less than 12 months
| Amortized |  | Unrealized |  | Fair
| Cost |  | Loss |  | Value
| (In thousands)
Securities available-for-sale |  |  |  |  |  |  |  |
CMOs issued by US government-sponsored agencies | $ | 8,183 |  | $ | 135 |  | $ | 8,048
FNMA and FHLMC certificates |  | 367,587 |  |  | 5,329 |  |  | 362,258
GNMA certificates |  | 131,685 |  |  | 1,964 |  |  | 129,721
US Treausury Securities |  | 322 |  |  | - |  |  | 322
| $ | 507,777 |  | $ | 7,428 |  | $ | 500,349
Securities held-to-maturity |  |  |  |  |  |  |  |
FNMA and FHLMC Certificates | $ | 146,883 |  | $ | 3,852 |  | $ | 143,031
| Total
| Amortized |  | Unrealized |  | Fair
| Cost |  | Loss |  | Value
| (In thousands)
Securities available-for-sale |  |  |  |  |  |  |  |
CMOs issued by US government-sponsored agencies | $ | 78,104 |  | $ | 2,729 |  | $ | 75,375
FNMA and FHLMC certificates |  | 473,783 |  |  | 9,133 |  |  | 464,650
Obligations of Puerto Rico government and public instrumentalities |  | 2,455 |  |  | 43 |  |  | 2,412
Obligations of US government and sponsored agencies |  | 2,773 |  |  | 72 |  |  | 2,701
GNMA certificates |  | 152,363 |  |  | 2,870 |  |  | 149,493
US Treausury Securities |  | 10,280 |  |  | 156 |  |  | 10,124
| $ | 719,758 |  | $ | 15,003 |  | $ | 704,755
Securities held-to-maturity |  |  |  |  |  |  |  |
FNMA and FHLMC certificates | $ | 485,143 |  | $ | 17,163 |  | $ | 467,980
| December 31, 2017
| 12 months or more
| Amortized |  | Unrealized |  | Fair
| Cost |  | Loss |  | Value
| (In thousands)
Securities available-for-sale |  |  |  |  |  |  |  |
CMOs issued by US Government-sponsored agencies | $ | 72,562 |  | $ | 1,857 |  | $ | 70,705
FNMA and FHLMC certificates |  | 111,635 |  |  | 2,122 |  |  | 109,513
Obligations of US Government and sponsored agencies |  | 2,927 |  |  | 48 |  |  | 2,879
Obligations of Puerto Rico government and public instrumentalities |  | 2,455 |  |  | 362 |  |  | 2,093
GNMA certificates |  | 20,803 |  |  | 499 |  |  | 20,304
US Treasury Securities |  | 9,952 |  |  | 113 |  |  | 9,839
| $ | 220,334 |  | $ | 5,001 |  | $ | 215,333
Securities available-for-sale |  |  |  |  |  |  |  |
FNMA and FHLMC certificates | $ | 352,399 |  |  | 7,264 |  |  | 345,135
| Less than 12 months
| Amortized |  | Unrealized |  | Fair
| Cost |  | Loss |  | Value
| (In thousands)
Securities available-for-sale |  |  |  |  |  |  |  |
CMOs issued by US Government-sponsored agencies |  | 9,464 |  |  | 98 |  |  | 9,366
FNMA and FHLMC certificates |  | 125,107 |  |  | 759 |  |  | 124,348
GNMA certificates |  | 14,001 |  |  | 85 |  |  | 13,916
US Treausury Securities |  | 324 |  |  | - |  |  | 324
| $ | 148,896 |  | $ | 942 |  | $ | 147,954
Securities held to maturity |  |  |  |  |  |  |  |
FNMA and FHLMC certificates | $ | 153,665 |  | $ | 1,119 |  | $ | 152,546
| Total
| Amortized |  | Unrealized |  | Fair
| Cost |  | Loss |  | Value
| (In thousands)
Securities available-for-sale |  |  |  |  |  |  |  |
CMOs issued by US Government-sponsored agencies |  | 82,026 |  |  | 1,955 |  |  | 80,071
FNMA and FHLMC certificates |  | 236,742 |  |  | 2,881 |  |  | 233,861
Obligations of Puerto Rico government and public instrumentalities |  | 2,455 |  |  | 362 |  |  | 2,093
Obligations of US government and sponsored agencies |  | 2,927 |  |  | 48 |  |  | 2,879
GNMA certificates |  | 34,804 |  |  | 584 |  |  | 34,220
US Treausury Securities |  | 10,276 |  |  | 113 |  |  | 10,163
| $ | 369,230 |  | $ | 5,943 |  | $ | 363,287
Securities held to maturity |  |  |  |  |  |  |  |
FNMA and FHLMC certificates | $ | 506,064 |  | $ | 8,383 |  | $ | 497,681

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- Definition A table of investments, shown as a text block. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Article 6 -Section 10 -Paragraph (c) -Subparagraph (1) + Details
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- Definition Tabular disclosure of unrealized gains and losses on investments. + References No definition available. + Details
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