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Pledged Assets | 12 Months Ended
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Dec. 31, 2019
Pledged Assets And Servicing Assets[Abstract] |
Pledged Assets | NOTE 5 - PLEDGED ASSETS The following table shows a summary of pledged and not pledged assets at December 31, 2019 and 2018. Investment securities available for sale are presented at fair value, and investment securities held-to-maturity, residential mortgage loans, commercia l loans and leases are presented at amortized cost:
| December 31,
| 2019 |  | 2018
| (In thousands)
Pledged investment securities to secure: |  |  |  |  |
Securities sold under agreements to repurchase | $ | 204,068 |  | $ | 487,181
Derivatives |  | 1,775 |  |  | 423
Bond for the Bank's trust operations |  | 323 |  |  | 322
Puerto Rico public fund deposits |  | 191,908 |  |  | 141,162
Total pledged investment securities |  | 398,074 |  |  | 629,088
Pledged residential mortgage loans to secure: |  |  |  |  |
Advances from the Federal Home Loan Bank |  | 803,317 |  |  | 880,591
Pledged commercial loans to secure: |  |  |  |  |
Advances from the Federal Home Loan Bank |  | 518,473 |  |  | 275,451
Federal Reserve Bank Credit Facility |  | 45,175 |  |  | 651
Puerto Rico public fund deposits |  | 129,152 |  |  | 140,123
|  | 692,800 |  |  | 416,225
Pledged auto loans and leases to secure: |  | 1,182,272 |  |  | -
Total pledged assets | $ | 3,076,463 |  | $ | 1,925,904
Financial assets not pledged: |  |  |  |  |
Investment securities | $ | 676,095 |  | $ | 637,509
Residential mortgage loans |  | 1,706,981 |  |  | 354,868
Commercial loans |  | 1,529,642 |  |  | 1,414,054
Consumer loans |  | 504,437 |  |  | 373,814
Auto loans and leases |  | 329,972 |  |  | 1,148,535
Total assets not pledged | $ | 4,747,127 |  | $ | 3,928,780

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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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