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v3.19.2

Allowance for Loan and Lease Losses (Tables) | 6 Months Ended
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Jun. 30, 2019
Allowance for Loan and Lease Losses [Abstract] |
Allowance for Credit Losses on Financing Receivables [Table Text Block] |
| June 30, |  | December 31,
| 2019 |  | 2018
| (In thousands)
Allowance for loans and lease losses: |  |  |  |  |
Originated and other loans and leases held for investment: |  |  |  |  |
Mortgage | $ | 15,361 |  | $ | 19,783
Commercial |  | 29,234 |  |  | 30,326
Consumer |  | 15,831 |  |  | 15,571
Auto and leasing |  | 29,526 |  |  | 29,508
Total allowance for originated and other loans and lease losses |  | 89,952 |  |  | 95,188
Acquired BBVAPR loans: |  |  |  |  |
Accounted for under ASC 310-20 (Loans with revolving feature and/or |  |  |  |  |
acquired at a premium) |  |  |  |  |
Commercial |  | 31 |  |  | 22
Consumer |  | 1,617 |  |  | 1,905
Auto |  | 37 |  |  | 135
|  | 1,685 |  |  | 2,062
Accounted for under ASC 310-30 (Loans acquired with deteriorated |  |  |  |  |
credit quality, including those by analogy) |  |  |  |  |
Mortgage |  | 25,208 |  |  | 15,225
Commercial |  | 17,083 |  |  | 20,641
Auto |  | 3,136 |  |  | 6,144
|  | 45,427 |  |  | 42,010
Total allowance for acquired BBVAPR loans and lease losses |  | 47,112 |  |  | 44,072
Acquired Eurobank loans: |  |  |  |  |
Loans secured by 1-4 family residential properties |  | 17,213 |  |  | 15,382
Commercial |  | 8,365 |  |  | 9,585
Consumer |  | - |  |  | 4
Total allowance for acquired Eurobank loan and lease losses |  | 25,578 |  |  | 24,971
Total allowance for loan and lease losses | $ | 162,642 |  | $ | 164,231
| Quarter Ended June 30, 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 | $ | 16,689 |  | $ | 32,154 |  | $ | 16,085 |  | $ | 29,107 |  | $ | 94,035
Charge-offs |  | (604) |  |  | (2,146) |  |  | (4,839) |  |  | (10,672) |  |  | (18,261)
Recoveries |  | 316 |  |  | 177 |  |  | 327 |  |  | 4,877 |  |  | 5,697
Provision for loan and lease losses |  | (1,040) |  |  | (951) |  |  | 4,258 |  |  | 6,214 |  |  | 8,481
Balance at end of period | $ | 15,361 |  | $ | 29,234 |  | $ | 15,831 |  | $ | 29,526 |  | $ | 89,952
| Six-Month Period Ended June 30, 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 |  | (1,191) |  |  | (3,232) |  |  | (8,958) |  |  | (22,044) |  |  | (35,425)
Recoveries |  | 603 |  |  | 323 |  |  | 590 |  |  | 8,858 |  |  | 10,374
Provision for loan and lease losses |  | (3,834) |  |  | 1,817 |  |  | 8,628 |  |  | 13,204 |  |  | 19,815
Balance at end of period | $ | 15,361 |  | $ | 29,234 |  | $ | 15,831 |  | $ | 29,526 |  | $ | 89,952
| June 30, 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 | $ | 10,615 |  | $ | 9,168 |  | $ | - |  | $ | - |  | $ | 19,783
Collectively evaluated for impairment |  | 4,746 |  |  | 20,066 |  |  | 15,831 |  |  | 29,526 |  |  | 70,169
Total ending allowance balance | $ | 15,361 |  | $ | 29,234 |  | $ | 15,831 |  | $ | 29,526 |  | $ | 89,952
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 83,093 |  | $ | 83,102 |  | $ | - |  | $ | - |  | $ | 166,195
Collectively evaluated for impairment |  | 552,523 |  |  | 1,533,871 |  |  | 356,110 |  |  | 1,218,070 |  |  | 3,660,574
Total ending loan balance | $ | 635,616 |  | $ | 1,616,973 |  | $ | 356,110 |  | $ | 1,218,070 |  | $ | 3,826,769
| Quarter Ended June 30, 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 | $ | 18,983 |  | $ | 33,174 |  | $ | 18,023 |  | $ | 26,652 |  | $ | 96,832
Charge-offs |  | (1,328) |  |  | (1,998) |  |  | (4,588) |  |  | (13,748) |  |  | (21,662)
Recoveries |  | 466 |  |  | 227 |  |  | 240 |  |  | 5,280 |  |  | 6,213
(Recapture) provision for originated and other loan and lease losses |  | 1,202 |  |  | 77 |  |  | 2,517 |  |  | 9,039 |  |  | 12,835
Balance at end of period | $ | 19,323 |  | $ | 31,480 |  | $ | 16,192 |  | $ | 27,223 |  | $ | 94,218
| Six-Month Period Ended June 30, 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 |  | (2,298) |  |  | (3,147) |  |  | (8,847) |  |  | (22,731) |  |  | (37,023)
Recoveries |  | 786 |  |  | 409 |  |  | 479 |  |  | 9,056 |  |  | 10,730
Provision for originated and other loan and lease losses |  | 396 |  |  | 3,960 |  |  | 8,106 |  |  | 15,331 |  |  | 27,793
Balance at end of period | $ | 19,323 |  | $ | 31,480 |  | $ | 16,192 |  | $ | 27,223 |  | $ | 94,218
| 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 June 30, 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 | $ | 32 |  | $ | 1,869 |  | $ | 67 |  |  | $ | 1,968
Charge-offs |  | (80) |  |  | (433) |  |  | (56) |  |  |  | (569)
Recoveries |  | 2 |  |  | 78 |  |  | 71 |  |  |  | 151
Provision (recapture) for acquired BBVAPR loan and lease losses accounted for under ASC 310-20 |  | 77 |  |  | 103 |  |  | (45) |  |  |  | 135
Balance at end of period | $ | 31 |  | $ | 1,617 |  | $ | 37 |  |  | $ | 1,685
| Six-Month Period Ended June 30, 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 |  | (80) |  |  | (873) |  |  | (141) |  |  | (1,094)
Recoveries |  | 5 |  |  | 118 |  |  | 161 |  |  | 284
Provision (recapture) for acquired BBVAPR loan and lease losses accounted for under ASC 310-20 |  | 84 |  |  | 467 |  |  | (118) |  |  | 433
Balance at end of period | $ | 31 |  | $ | 1,617 |  | $ | 37 |  | $ | 1,685
| June 30, 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 | $ | 27 |  | $ | - |  | $ | - |  | $ | 27
Collectively evaluated for impairment |  | 4 |  |  | 1,617 |  |  | 37 |  |  | 1,658
Total ending allowance balance | $ | 31 |  | $ | 1,617 |  | $ | 37 |  | $ | 1,685
Loans: |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 678 |  | $ | - |  | $ | - |  | $ | 678
Collectively evaluated for impairment |  | 1,571 |  |  | 21,966 |  |  | 996 |  |  | 24,533
Total ending loan balance | $ | 2,249 |  | $ | 21,966 |  | $ | 996 |  | $ | 25,211
| Quarter Ended June 30, 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 | $ | 37 |  | $ | 2,659 |  | $ | 488 |  | $ | 3,184
Charge-offs |  | (5) |  |  | (420) |  |  | (88) |  |  | (513)
Recoveries |  | 12 |  |  | 94 |  |  | 244 |  |  | 350
Provision (recapture) for acquired loan and lease losses accounted for under ASC 310-20 |  | 42 |  |  | 24 |  |  | (361) |  |  | (295)
Balance at end of period | $ | 86 |  | $ | 2,357 |  | $ | 283 |  | $ | 2,726
| Six-Month Period Ended June 30, 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 |  | (5) |  |  | (1,442) |  |  | (213) |  |  |  | (1,660)
Recoveries |  | 15 |  |  | 148 |  |  | 472 |  |  |  | 635
Provision (recapture) for acquired loan and lease losses accounted for under ASC 310-20 |  | 34 |  |  | 426 |  |  | (571) |  |  |  | (111)
Balance at end of period | $ | 86 |  | $ | 2,357 |  | $ | 283 |  |  | $ | 2,726
| 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 June 30, 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 | $ | 17,901 |  | $ | 20,733 |  | $ | - | $ | 3,499 |  | 42,133
Provision (recapture) for acquired BBVAPR loans and lease losses accounted for under ASC 310-30 |  | 7,390 |  |  | (79) |  |  | - |  | - |  | 7,311
Allowance de-recognition |  | (83) |  |  | (3,571) |  |  | - |  | (363) |  | (4,017)
Balance at end of period | $ | 25,208 |  | $ | 17,083 |  | $ | - | $ | 3,136 |  | 45,427
| Six-Month Period Ended June 30, 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 |  | 10,123 |  |  | 771 |  |  | - |  | (2,314) |  | 8,580
Allowance de-recogntion |  | (140) |  |  | (4,329) |  |  | - |  | (694) |  | (5,163)
Balance at end of period | $ | 25,208 |  | $ | 17,083 |  | $ | - | $ | 3,136 |  | 45,427
| Quarter Ended June 30, 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 | $ | 14,331 |  | $ | 22,047 |  | $ | 18 |  | $ | 6,770 |  | $ | 43,166
Provision for acquired BBVAPR loans and lease losses accounted for under ASC 310-30 |  | 236 |  |  | 1,306 |  |  | - |  |  | - |  |  | 1,542
Allowance de-recognition |  | - |  |  | (334) |  |  | - |  |  | (198) |  |  | (532)
Balance at end of period | $ | 14,567 |  | $ | 23,019 |  | $ | 18 |  | $ | 6,572 |  | $ | 44,176
| Six-Month Period Ended June 30, 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 for acquired BBVAPR loans and lease losses accounted for under ASC 310-30 |  | 550 |  |  | 2,058 |  |  | - |  |  | (887) |  |  | 1,721
Allowance de-recognition |  | (68) |  |  | (2,730) |  |  | - |  |  | (502) |  |  | (3,300)
Balance at end of period | $ | 14,567 |  | $ | 23,019 |  | $ | 18 |  | $ | 6,572 |  | $ | 44,176
| Quarter Ended June 30, 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 | $ | 15,110 |  | $ | 9,242 |  | $ | - |  | $ | 24,352
Provision (recapture) for loan and lease losses, net |  | 2,502 |  |  | (724) |  |  | - |  |  | 1,778
Allowance de-recognition |  | (399) |  | $ | (153) |  | $ | - |  |  | (552)
Balance at end of period | $ | 17,213 |  | $ | 8,365 |  | $ | - |  | $ | 25,578
| Six-Month Period Ended June 30, 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
Provision (recapture) for loan and lease losses, net |  | 2,300 |  |  | (1,174) |  |  | - |  |  | 1,126
Allowance de-recognition |  | (469) |  |  | (46) |  |  | (4) |  |  | (519)
Balance at end of period | $ | 17,213 |  | $ | 8,365 |  | $ | - |  | $ | 25,578
| Quarter Ended June 30, 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 | $ | 15,414 |  | $ | 9,992 |  | $ | 4 |  | $ | 25,410
Provision (recapture) for acquired Eurobank loan and lease losses, net |  | 605 |  |  | 60 |  |  | - |  |  | 665
Allowance de-recognition |  | (849) |  |  | (912) |  |  | - |  |  | (1,761)
Balance at end of period | $ | 15,170 |  | $ | 9,140 |  | $ | 4 |  | $ | 24,314
| Six-Month Period Ended June 30, 2018
| Loans secured by 1-4 Family Residential Properties |  | Commercial |  | Consumer |  | Total
| (In thousands)
Allowance for loan and lease losses for Eurobank loans: |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | 15,187 |  | $ | 9,983 |  | $ | 4 |  | $ | 25,174
Provision (recapture) for acquired Eurobank loan and lease losses, net |  | 784 |  |  | 21 |  |  | - |  |  | 805
Allowance de-recognition |  | (801) |  |  | (864) |  |  | - |  |  | (1,665)
Balance at end of period | $ | 15,170 |  | $ | 9,140 |  | $ | 4 |  | $ | 24,314

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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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Period Type: | duration

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- References No definition available. + Details
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Namespace Prefix: | us-gaap_
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