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v3.19.1

Allowance for Loan and Lease Losses (Tables) | 3 Months Ended
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Mar. 31, 2019
Allowance for Loan and Lease Losses [Abstract] |
Allowance for Credit Losses on Financing Receivables [Table Text Block] |
| March 31, |  | December 31,
| 2019 |  | 2018
| (In thousands)
Allowance for loans and lease losses: |  |  |  |  |
Originated and other loans and leases held for investment: |  |  |  |  |
Mortgage | $ | 16,689 |  | $ | 19,783
Commercial |  | 32,154 |  |  | 30,326
Consumer |  | 16,085 |  |  | 15,571
Auto and leasing |  | 29,107 |  |  | 29,508
Total allowance for originated and other loans and lease losses |  | 94,035 |  |  | 95,188
Acquired BBVAPR loans: |  |  |  |  |
Accounted for under ASC 310-20 (Loans with revolving feature and/or |  |  |  |  |
acquired at a premium) |  |  |  |  |
Commercial |  | 32 |  |  | 22
Consumer |  | 1,869 |  |  | 1,905
Auto |  | 67 |  |  | 135
|  | 1,968 |  |  | 2,062
Accounted for under ASC 310-30 (Loans acquired with deteriorated |  |  |  |  |
credit quality, including those by analogy) |  |  |  |  |
Mortgage |  | 17,901 |  |  | 15,225
Commercial |  | 20,733 |  |  | 20,641
Auto |  | 3,499 |  |  | 6,144
|  | 42,133 |  |  | 42,010
Total allowance for acquired BBVAPR loans and lease losses |  | 44,101 |  |  | 44,072
Acquired Eurobank loans: |  |  |  |  |
Loans secured by 1-4 family residential properties |  | 15,110 |  |  | 15,382
Commercial |  | 9,242 |  |  | 9,585
Consumer |  | - |  |  | 4
Total allowance for acquired Eurobank loan and lease losses |  | 24,352 |  |  | 24,971
Total allowance for loan and lease losses | $ | 162,488 |  | $ | 164,231
| Quarter Ended March 31, 2019
| Mortgage |  | Commercial |  | Consumer |  | Auto and Leasing |  | Total
| (In thousands)
Allowance for loan and lease losses for originated and other loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 19,783 |  | $ | 30,326 |  | $ | 15,571 |  | $ | 29,508 |  | $ | 95,188
Charge-offs |  | (587) |  |  | (1,086) |  |  | (4,121) |  |  | (11,371) |  |  | (17,165)
Recoveries |  | 287 |  |  | 147 |  |  | 263 |  |  | 3,982 |  |  | 4,679
(Recapture) provision for loan and lease losses |  | (2,794) |  |  | 2,767 |  |  | 4,372 |  |  | 6,988 |  |  | 11,333
Balance at end of period | $ | 16,689 |  | $ | 32,154 |  | $ | 16,085 |  | $ | 29,107 |  | $ | 94,035
| March 31, 2019
| Mortgage |  | Commercial |  | Consumer |  | Auto and Leasing |  | Total
| (In thousands)
Allowance for loan and lease losses on originated and other loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending allowance balance attributable to loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 11,135 |  | $ | 10,828 |  | $ | - |  | $ | - |  | $ | 21,963
Collectively evaluated for impairment |  | 5,554 |  |  | 21,326 |  |  | 16,085 |  |  | 29,107 |  |  | 72,072
Total ending allowance balance | $ | 16,689 |  | $ | 32,154 |  | $ | 16,085 |  | $ | 29,107 |  | $ | 94,035
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 83,406 |  | $ | 88,615 |  | $ | - |  | $ | - |  | $ | 172,021
Collectively evaluated for impairment |  | 568,017 |  |  | 1,480,936 |  |  | 350,543 |  |  | 1,167,482 |  |  | 3,566,978
Total ending loan balance | $ | 651,423 |  | $ | 1,569,551 |  | $ | 350,543 |  | $ | 1,167,482 |  | $ | 3,738,999
| Quarter Ended March 31, 2018
| Mortgage |  | Commercial |  | Consumer |  | Auto and Leasing |  | Total
| (In thousands)
Allowance for loan and lease losses for originated and other loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 20,439 |  | $ | 30,258 |  | $ | 16,454 |  | $ | 25,567 |  | $ | 92,718
Charge-offs |  | (968) |  |  | (1,149) |  |  | (4,258) |  |  | (8,982) |  |  | (15,357)
Recoveries |  | 314 |  |  | 182 |  |  | 240 |  |  | 3,777 |  |  | 4,513
(Recapture) provision for originated and other loan and lease losses |  | (802) |  |  | 3,883 |  |  | 5,587 |  |  | 6,290 |  |  | 14,958
Balance at end of period | $ | 18,983 |  | $ | 33,174 |  | $ | 18,023 |  | $ | 26,652 |  | $ | 96,832
| December 31, 2018
| Mortgage |  | Commercial |  | Consumer |  | Auto and Leasing |  | Total
| (In thousands)
Allowance for loan and lease losses on originated and other loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending allowance balance attributable to loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 10,186 |  | $ | 8,434 |  | $ | - |  | $ | - |  | $ | 18,620
Collectively evaluated for impairment |  | 9,597 |  |  | 21,892 |  |  | 15,571 |  |  | 29,508 |  |  | 76,568
Total ending allowance balance | $ | 19,783 |  | $ | 30,326 |  | $ | 15,571 |  | $ | 29,508 |  | $ | 95,188
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 84,174 |  | $ | 81,229 |  | $ | - |  | $ | - |  | $ | 165,403
Collectively evaluated for impairment |  | 584,635 |  |  | 1,516,359 |  |  | 348,980 |  |  | 1,129,695 |  |  | 3,579,669
Total ending loan balance | $ | 668,809 |  | $ | 1,597,588 |  | $ | 348,980 |  | $ | 1,129,695 |  | $ | 3,745,072
| Quarter Ended March 31, 2019
| Commercial |  | Consumer |  | Auto |  |  | Total
| (In thousands)
Allowance for loan and lease losses for acquired BBVAPR loans accounted for under ASC 310-20: |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 22 |  | $ | 1,905 |  | $ | 135 |  |  | $ | 2,062
Charge-offs |  | - |  |  | (440) |  |  | (85) |  |  |  | (525)
Recoveries |  | 3 |  |  | 40 |  |  | 90 |  |  |  | 133
Provision (recapture) for acquired BBVAPR loan and lease losses accounted for under ASC 310-20 |  | 7 |  |  | 364 |  |  | (73) |  |  |  | 298
Balance at end of period | $ | 32 |  | $ | 1,869 |  | $ | 67 |  |  | $ | 1,968
| March 31, 2019
| Commercial |  | Consumer |  | Auto |  | 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: |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 24 |  | $ | - |  | $ | - |  | $ | 24
Collectively evaluated for impairment |  | 8 |  |  | 1,869 |  |  | 67 |  |  | 1,944
Total ending allowance balance | $ | 32 |  | $ | 1,869 |  | $ | 67 |  | $ | 1,968
Loans: |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 747 |  | $ | - |  | $ | - |  | $ | 747
Collectively evaluated for impairment |  | 1,658 |  |  | 22,768 |  |  | 2,336 |  |  | 26,762
Total ending loan balance | $ | 2,405 |  | $ | 22,768 |  | $ | 2,336 |  | $ | 27,509
| Quarter Ended March 31, 2018
| Commercial |  | Consumer |  | Auto |  | Total
| (In thousands)
Allowance for loan and lease losses for acquired BBVAPR loans accounted for under ASC 310-20: |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 42 |  | $ | 3,225 |  | $ | 595 |  | $ | 3,862
Charge-offs |  | - |  |  | (1,022) |  |  | (125) |  |  | (1,147)
Recoveries |  | 3 |  |  | 54 |  |  | 228 |  |  | 285
Provision (recapture) for acquired loan and lease losses accounted for under ASC 310-20 |  | (8) |  |  | 402 |  | - | (210) |  |  | 184
Balance at end of period | $ | 37 |  | $ | 2,659 |  | $ | 488 |  | $ | 3,184
| December 31, 2018
| Commercial |  | Consumer |  | Auto |  | 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: |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 14 |  | $ | - |  | $ | - |  | $ | 14
Collectively evaluated for impairment |  | 8 |  |  | 1,905 |  |  | 135 |  |  | 2,048
Total ending allowance balance | $ | 22 |  | $ | 1,905 |  | $ | 135 |  | $ | 2,062
Loans: |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 747 |  | $ | - |  | $ | - |  | $ | 747
Collectively evaluated for impairment |  | 1,799 |  |  | 23,988 |  |  | 4,435 |  |  | 30,222
Total ending loan balance | $ | 2,546 |  | $ | 23,988 |  | $ | 4,435 |  | $ | 30,969
| Quarter Ended March 31, 2019
| 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 | $ | 15,225 |  | $ | 20,641 |  | $ | - | $ | 6,144 |  | 42,010
Provision (recapture) for acquired BBVAPR loans and lease losses accounted for under ASC 310-30 |  | 2,733 |  |  | 850 |  |  | - |  | (2,314) |  | 1,269
Allowance de-recognition |  | (57) |  |  | (758) |  |  | - |  | (331) |  | (1,146)
Balance at end of period | $ | 17,901 |  | $ | 20,733 |  | $ | - | $ | 3,499 |  | 42,133
| Quarter Ended March 31, 2018
| 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 | $ | 14,085 |  | $ | 23,691 |  | $ | 18 |  | $ | 7,961 |  | $ | 45,755
Provision (recapture) for acquired BBVAPR loans and lease losses accounted for under ASC 310-30 |  | 314 |  |  | 752 |  |  | - |  |  | (887) |  |  | 179
Allowance de-recognition |  | (68) |  |  | (2,396) |  |  | - |  |  | (304) |  |  | (2,768)
Balance at end of period | $ | 14,331 |  | $ | 22,047 |  | $ | 18 |  | $ | 6,770 |  | $ | 43,166
| Quarter Ended March 31, 2019
| Loans Secured by 1-4 Family Residential Properties |  | Commercial |  | Consumer |  | Total
| (In thousands)
Allowance for loan and lease losses for acquired Eurobank loans: |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 15,382 |  | $ | 9,585 |  | $ | 4 |  | $ | 24,971
(Recapture) for loan and lease losses, net |  | (202) |  |  | (449) |  |  | - |  |  | (651)
Allowance de-recognition |  | (70) |  | $ | 106 |  | $ | (4) |  |  | 32
Balance at end of period | $ | 15,110 |  | $ | 9,242 |  | $ | - |  | $ | 24,352
| Quarter Ended March 31, 2018
| Loans secured by 1-4 Family Residential Properties |  | Commercial |  | Consumer |  | Total
| (In thousands)
Allowance for loan and lease losses for acquired Eurobank loans: |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 15,187 |  | $ | 9,983 |  | $ | 4 |  | $ | 25,174
Provision (recapture) for acquired Eurobank loan and lease losses, net |  | 179 |  |  | (40) |  |  | - |  |  | 139
Allowance de-recognition |  | 48 |  |  | 49 |  |  | - |  |  | 97
Balance at end of period | $ | 15,414 |  | $ | 9,992 |  | $ | 4 |  | $ | 25,410

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- Definition Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953423-111524 + Details
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- References No definition available. + Details
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