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Allowance for Loan and Lease Losses (Tables)

6 Months Ended

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 foracquired BBVAPR loans accounted for underASC 310-30:
Balance at beginning of period	$	17,901		$	20,733		$	-	$	3,499		42,133
Provision (recapture) for acquired BBVAPRloans and lease losses accounted for underASC 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 foracquired BBVAPR loans accounted for underASC 310-30:
Balance at beginning of period	$	15,225		$	20,641		$	-	$	6,144		42,010
Provision (recapture) for acquired BBVAPRloans 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 foracquired BBVAPR loans accounted for underASC 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 foracquired BBVAPR loans accounted for underASC 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

X

- 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

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X

- References

No definition available.

+ Details

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