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Allowance for Loan and Lease Losses (Tables) | 12 Months Ended
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Dec. 31, 2019
Allowance for Loan and Lease Losses [Abstract] |
Allowance for Credit Losses on Financing Receivables [Table Text Block] |
| December 31,
| 2019 |  | 2018
| (In thousands)
Allowance for loans and lease losses: |  |  |  |  |
Originated and other loans and leases held for investment: |  |  |  |  |
Mortgage | $ | 8,727 |  | $ | 19,783
Commercial |  | 25,989 |  |  | 30,326
Consumer |  | 16,882 |  |  | 15,571
Auto and leasing |  | 31,873 |  |  | 29,508
Total allowance for originated and other loans and lease losses |  | 83,471 |  |  | 95,188
Acquired BBVAPR loans: |  |  |  |  |
Accounted for under ASC 310-20 (Loans with revolving feature and/or |  |  |  |  |
acquired at a premium) |  |  |  |  |
Commercial |  | 4 |  |  | 22
Consumer |  | 1,564 |  |  | 1,905
Auto |  | 5 |  |  | 135
|  | 1,573 |  |  | 2,062
Accounted for under ASC 310-30 (Loans acquired with deteriorated |  |  |  |  |
credit quality, including those by analogy) |  |  |  |  |
Mortgage |  | 9,376 |  |  | 15,225
Commercial |  | 6,713 |  |  | 20,641
Auto |  | 947 |  |  | 6,144
|  | 17,036 |  |  | 42,010
Total allowance for acquired BBVAPR loans and lease losses |  | 18,609 |  |  | 44,072
Acquired Eurobank loans: |  |  |  |  |
Mortgage |  | 12,279 |  |  | 15,382
Commercial |  | 2,180 |  |  | 9,585
Consumer |  | - |  |  | 4
Total allowance for acquired Eurobank loan and lease losses |  | 14,459 |  |  | 24,971
Total allowance for loan and lease losses | $ | 116,539 |  | $ | 164,231
| Year Ended December 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 year | $ | 19,783 |  | $ | 30,326 |  | $ | 15,571 |  | $ | 29,508 |  | $ | 95,188
Charge-offs |  | (18,564) |  |  | (12,073) |  |  | (18,910) |  |  | (47,278) |  |  | (96,825)
Recoveries |  | 1,533 |  |  | 1,104 |  |  | 2,014 |  |  | 18,694 |  |  | 23,345
Provision for loan and lease losses |  | 5,975 |  |  | 6,632 |  |  | 18,207 |  |  | 30,949 |  |  | 61,763
Balance at end of year | $ | 8,727 |  | $ | 25,989 |  | $ | 16,882 |  | $ | 31,873 |  | $ | 83,471
| Year Ended December 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 year | $ | 20,439 |  | $ | 30,258 |  | $ | 16,454 |  | $ | 25,567 |  | $ | 92,718
Charge-offs |  | (5,297) |  |  | (6,782) |  |  | (17,629) |  |  | (42,685) |  |  | (72,393)
Recoveries |  | 1,047 |  |  | 654 |  |  | 1,757 |  |  | 19,344 |  |  | 22,802
Provision for originated and other loan and lease losses |  | 3,594 |  |  | 6,196 |  |  | 14,989 |  |  | 27,282 |  |  | 52,061
Balance at end of year | $ | 19,783 |  | $ | 30,326 |  | $ | 15,571 |  | $ | 29,508 |  | $ | 95,188
| Year Ended December 31, 2017
| Mortgage |  | Commercial |  | Consumer |  | Auto and Leasing |  | Total
| (In thousands)
Allowance for loan and lease losses for originated and other loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of year | $ | 17,344 |  | $ | 8,995 |  | $ | 13,067 |  | $ | 19,463 |  | $ | 58,869
Charge-offs |  | (6,623) |  |  | (7,684) |  |  | (13,641) |  |  | (33,908) |  |  | (61,856)
Recoveries |  | 585 |  |  | 1,281 |  |  | 1,209 |  |  | 12,314 |  |  | 15,389
Provision for originated and other loan and lease losses |  | 9,133 |  |  | 27,666 |  |  | 15,819 |  |  | 27,698 |  |  | 80,316
Balance at end of year | $ | 20,439 |  | $ | 30,258 |  | $ | 16,454 |  | $ | 25,567 |  | $ | 92,718
| December 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 | $ | 6,874 |  | $ | 8,215 |  | $ | - |  | $ | - |  | $ | 15,089
Collectively evaluated for impairment |  | 1,853 |  |  | 17,774 |  |  | 16,882 |  |  | 31,873 |  |  | 68,382
Total ending allowance balance | $ | 8,727 |  | $ | 25,989 |  | $ | 16,882 |  | $ | 31,873 |  | $ | 83,471
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 71,196 |  | $ | 60,450 |  | $ | - |  | $ | - |  | $ | 131,646
Collectively evaluated for impairment |  | 506,220 |  |  | 1,607,044 |  |  | 361,638 |  |  | 1,277,732 |  |  | 3,752,634
Total ending loan balance | $ | 577,416 |  | $ | 1,667,494 |  | $ | 361,638 |  | $ | 1,277,732 |  | $ | 3,884,280
| 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
| Year Ended December 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 year | $ | 22 |  | $ | 1,905 |  | $ | 135 |  | $ | 2,062
Charge-offs |  | (123) |  |  | (1,525) |  |  | (220) |  |  | (1,868)
Recoveries |  | 6 |  |  | 353 |  |  | 250 |  |  | 609
Provision (recapture) for acquired BBVAPR loan and lease losses accounted for under ASC 310-20 |  | 99 |  |  | 831 |  |  | (160) |  |  | 770
Balance at end of year | $ | 4 |  | $ | 1,564 |  | $ | 5 |  | $ | 1,573
| Year Ended 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: |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of year | $ | 42 |  | $ | 3,225 |  | $ | 595 |  | $ | 3,862
Charge-offs |  | (6) |  |  | (2,459) |  |  | (372) |  |  | (2,837)
Recoveries |  | 23 |  |  | 480 |  |  | 831 |  |  | 1,334
(Recapture) provision for acquired loan and lease losses accounted for under ASC 310-20 |  | (37) |  |  | 659 |  |  | (919) |  |  | (297)
Balance at end of year | $ | 22 |  | $ | 1,905 |  | $ | 135 |  | $ | 2,062
| Year Ended December 31, 2017
| 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 year | $ | 169 |  | $ | 3,028 |  | $ | 1,103 |  |  | $ | 4,300
Charge-offs |  | (132) |  |  | (3,048) |  |  | (976) |  |  |  | (4,156)
Recoveries |  | 5 |  |  | 446 |  |  | 1,420 |  |  |  | 1,871
Provision (recapture) for acquired loan and lease losses accounted for under ASC 310-20 |  | - |  |  | 2,799 |  |  | (952) |  |  |  | 1,847
Balance at end of year | $ | 42 |  | $ | 3,225 |  | $ | 595 |  |  | $ | 3,862
| December 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 | $ | 2 |  | $ | - |  | $ | - |  | $ | 2
Collectively evaluated for impairment |  | 2 |  |  | 1,564 |  |  | 5 |  |  | 1,571
Total ending allowance balance | $ | 4 |  | $ | 1,564 |  | $ | 5 |  | $ | 1,573
Loans: |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 678 |  | $ | - |  | $ | - |  | $ | 678
Collectively evaluated for impairment |  | 1,463 |  |  | 20,794 |  |  | 135 |  |  | 22,392
Total ending loan balance | $ | 2,141 |  | $ | 20,794 |  | $ | 135 |  | $ | 23,070
| 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
| Year Ended December 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 year | $ | 15,225 |  | $ | 20,641 |  | $ | - | $ | 6,144 |  | 42,010
Provision (recapture) for acquired BBVAPR loans and lease losses accounted for under ASC 310-30 |  | 20,115 |  |  | 14,719 |  |  | - |  | (2,928) |  | 31,906
Allowance de-recognition |  | (25,964) |  |  | (28,647) |  |  | - |  | (2,269) |  | (56,880)
Balance at end of year | $ | 9,376 |  | $ | 6,713 |  | $ | - | $ | 947 |  | 17,036
| Year Ended December 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 year | $ | 14,085 |  | $ | 23,691 |  | $ | 18 |  | $ | 7,961 |  | $ | 45,755
Provision (recapture) for acquired BBVAPR loans and lease losses accounted for under ASC 310-30 |  | 1,331 |  |  | 1,360 |  |  | (18) |  |  | (887) |  |  | 1,786
Allowance de-recognition |  | (191) |  |  | (4,410) |  |  | - |  |  | (930) |  |  | (5,531)
Balance at end of year | $ | 15,225 |  | $ | 20,641 |  | $ | - |  | $ | 6,144 |  | $ | 42,010
| Year Ended December 31, 2017
| 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 year | $ | 2,682 |  | $ | 23,452 |  | $ | - |  | $ | 4,922 |  | $ | 31,056
Provision for acquired BBVAPR loans and lease losses accounted for under ASC 310-30 |  | 11,497 |  |  | 9,758 |  |  | 18 |  |  | 3,408 |  |  | 24,681
Allowance de-recognition |  | (94) |  |  | (9,519) |  |  | - |  |  | (369) |  |  | (9,982)
Balance at end of year | $ | 14,085 |  | $ | 23,691 |  | $ | 18 |  | $ | 7,961 |  | $ | 45,755
| Year Ended December 31, 2019
| Mortgage |  | Commercial |  | Consumer |  | Total
| (In thousands)
Allowance for loan and lease losses for acquired Eurobank loans: |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of year | $ | 15,382 |  | $ | 9,585 |  | $ | 4 |  | $ | 24,971
Provision (recapture) for loan and lease losses |  | 3,588 |  |  | (1,235) |  |  | - |  |  | 2,353
Allowance de-recognition |  | (6,691) |  | $ | (6,170) |  | $ | (4) |  |  | (12,865)
Balance at end of year | $ | 12,279 |  | $ | 2,180 |  | $ | - |  | $ | 14,459
| Year Ended December 31, 2018
| Mortgage |  | Commercial |  | Consumer |  | Total
| (In thousands)
Allowance for loan and lease losses for acquired Eurobank loans: |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of year | $ | 15,187 |  | $ | 9,983 |  | $ | 4 |  | $ | 25,174
Provision for acquired Eurobank loan and lease losses |  | 1,806 |  |  | 761 |  |  | - |  |  | 2,567
Allowance de-recognition |  | (1,611) |  |  | (1,159) |  |  | - |  |  | (2,770)
Balance at end of year | $ | 15,382 |  | $ | 9,585 |  | $ | 4 |  | $ | 24,971
| Year Ended December 31, 2017
| 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 year | $ | 11,947 |  | $ | 9,328 |  | $ | 6 |  | $ | 21,281
Provision for acquired Eurobank loan and lease losses |  | 5,045 |  |  | 1,680 |  |  | - |  |  | 6,725
Allowance de-recognition |  | (1,805) |  |  | (1,025) |  |  | (2) |  |  | (2,832)
Balance at end of year | $ | 15,187 |  | $ | 9,983 |  | $ | 4 |  | $ | 25,174

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- Definition Tabular disclosure of allowance for credit loss on financing receivable. + 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=118936363&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919249-210447 + Details
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