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v3.20.1

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands | Total | Preferred Stock [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Legal Surplus [Member] | Retained Earnings [Member] | Retained Earnings [Member] Cumulative Effect, Period Of Adoption, Adjustment [Member] | Retained Earnings [Member] Cumulative Effect, Period Of Adoption, Adjusted Balance [Member] | Treasury Stock [Member] | Accumulated Other Comprehensive Income (Loss), Net Of Tax [Member]
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Beginning Balance at Dec. 31, 2018 |  | $ 92,000 | $ 59,885 | $ 619,381 | $ 90,167 | $ 253,040 |  | $ 252,304 | $ (103,633) | $ (10,963)
Beginning Balance (Topic 842 Adoption [Member]) at Dec. 31, 2018 |  |  |  |  |  |  | $ (736) |  |  |
Beginning Balance (Topic 326 [Member]) at Dec. 31, 2018 |  |  |  |  |  |  | 0 |  |  |
Stock-based compensation expense |  |  |  | 447 |  |  |  |  |  |
Lapsed restricted stock units and options |  |  |  | 0 |  |  |  |  | 437 |
Net income | $ 23,470 |  |  |  |  | 23,470 |  |  |  |
Cash dividends declared on common stock |  |  |  |  |  | (3,591) |  |  |  |
Cash dividends declared on preferred stock |  |  |  |  |  | (1,628) |  |  |  |
Transfer from retained earnings |  |  |  |  | 2,454 |  |  |  |  |
Transfer to legal surplus |  |  |  |  |  | (2,454) |  |  |  |
Stock repurchased | 0 |  |  |  |  |  |  |  | 0 |
Other comprehensive income, net of tax | 2,916 |  |  |  |  |  |  |  |  | 2,916
Ending Balance at Mar. 31, 2019 | 1,021,192 | 92,000 | 59,885 | 619,828 | 92,621 | 268,101 |  |  | (103,196) | (8,047)
Beginning Balance at Dec. 31, 2019 | 1,045,478 | 92,000 | 59,885 | 621,515 | 95,779 | 279,646 |  | $ 254,152 | (102,339) | (1,008)
Beginning Balance (Topic 842 Adoption [Member]) at Dec. 31, 2019 |  |  |  |  |  |  | 0 |  |  |
Beginning Balance (Topic 326 [Member]) at Dec. 31, 2019 |  |  |  |  |  |  | $ (25,494) |  |  |
Stock-based compensation expense |  |  |  | 501 |  |  |  |  |  |
Lapsed restricted stock units and options |  |  |  | (810) |  |  |  |  | 1,276 |
Net income | 1,801 |  |  |  |  | 1,801 |  |  |  |
Cash dividends declared on common stock |  |  |  |  |  | (3,602) |  |  |  |
Cash dividends declared on preferred stock |  |  |  |  |  | (1,628) |  |  |  |
Transfer from retained earnings |  |  |  |  | 166 |  |  |  |  |
Transfer to legal surplus |  |  |  |  |  | (166) |  |  |  |
Stock repurchased | (2,226) |  |  |  |  |  |  |  | (2,226) |
Other comprehensive income, net of tax | 7,298 |  |  |  |  |  |  |  |  | 7,298
Ending Balance at Mar. 31, 2020 | $ 1,022,594 | $ 92,000 | $ 59,885 | $ 621,206 | $ 95,945 | $ 250,557 |  |  | $ (103,289) | $ 6,290

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- Definition The total amount transferred during the period from retained earnings to the statutory reserve (legal surplus) as required by the Banking Act of the Commonwealth of Puerto Rico. The amount to be transferred should be a minimum of 10% of the bank's net income until the reserve account equals the total paid-in-capital on common and preferred stock. + References No definition available. + Details
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