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Pledged Assets | 12 Months Ended
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Dec. 31, 2018
Pledged and Servicing Assets [Abstract] |
Pledge Assets | NOTE 5 - PLEDGED ASSETS The following table shows a summary of pledged and not pledged assets at December 31, 2018 and 2017. Investment securities available for sale are presented at fair value, and investment securities held-to-maturity, residential mortgage loans, commercial loans and leases are presented at amortized cost:
| December 31,
| 2018 |  | 2017
| (In thousands)
Pledged investment securities to secure: |  |  |  |  |
Securities sold under agreements to repurchase | $ | 487,181 |  | $ | 205,484
Derivatives |  | 423 |  |  | 1,478
Bond for the Bank's trust operations |  | 322 |  |  | 341
Puerto Rico public fund deposits |  | 141,162 |  |  | 22,948
Total pledged investment securities |  | 629,088 |  |  | 230,251
Pledged residential mortgage loans to secure: |  |  |  |  |
Advances from the Federal Home Loan Bank |  | 880,591 |  |  | 971,772
Pledged commercial loans to secure: |  |  |  |  |
Advances from the Federal Home Loan Bank |  | 275,451 |  |  | 305,346
Federal Reserve Bank Credit Facility |  | 651 |  |  | 993
Puerto Rico public fund deposits |  | 140,123 |  |  | 150,036
|  | 416,225 |  |  | 456,375
Total pledged assets | $ | 1,925,904 |  | $ | 1,658,398
Financial assets not pledged: |  |  |  |  |
Investment securities | $ | 637,509 |  | $ | 921,610
Residential mortgage loans |  | 354,868 |  |  | 325,698
Commercial loans |  | 1,414,054 |  |  | 1,152,151
Consumer loans |  | 373,814 |  |  | 361,497
Auto loans and leases |  | 1,148,535 |  |  | 949,650
Total assets not pledged | $ | 3,928,780 |  | $ | 3,710,606

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- Definition Refer to those assets that are transferred to a lender for the purpose of securing debt. The lender of the debt maintains possession of the pledged asset, but does not have ownership unless default occurs. + References No definition available. + Details
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- References No definition available. + Details
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