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v3.20.4

Pledged Assets | 12 Months Ended
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Dec. 31, 2020
Pledged Assets [Abstract] |
Pledged Assets | NOTE 5 - PLEDGED ASSETS The following table shows a summary of pledged and not pledged assets at December 31, 2020 and 2019. Investment securities available for sale are presented at fair value, and residential mortgage loans, commercial loans and leases are presented at amortized cost:
| December 31,
| 2020 |  | 2019
| (In thousands)
Pledged investment securities to secure: |  |  |  |  |
Securities sold under agreements to repurchase | $ | - |  | $ | 204,068
Derivatives |  | 2,351 |  |  | 1,775
Bond for the Bank's trust operations |  | 105 |  |  | 323
Puerto Rico public fund deposits |  | 146,381 |  |  | 191,908
Total pledged investment securities |  | 148,837 |  |  | 398,074
Pledged residential mortgage loans to secure: |  |  |  |  |
Advances from the Federal Home Loan Bank |  | 699,091 |  |  | 803,317
Pledged commercial loans to secure: |  |  |  |  |
Advances from the Federal Home Loan Bank |  | 460,149 |  |  | 518,473
Federal Reserve Bank Credit Facility |  | 48,089 |  |  | 45,175
Puerto Rico public fund deposits |  | 96,273 |  |  | 129,152
|  | 604,511 |  |  | 692,800
Pledged auto loans and leases to secure: |  |  |  |  |
Federal Reserve Bank Credit Facility |  | 1,049,477 |  |  | 1,182,272
Total pledged assets | $ | 2,501,916 |  | $ | 3,076,463
Financial assets not pledged: |  |  |  |  |
Investment securities | $ | 297,601 |  | $ | 676,095
Residential mortgage loans |  | 1,625,938 |  |  | 1,706,981
Commercial loans |  | 1,799,780 |  |  | 1,529,642
Consumer loans |  | 414,946 |  |  | 504,437
Auto loans and leases |  | 512,325 |  |  | 329,972
Total assets not pledged | $ | 4,650,590 |  | $ | 4,747,127

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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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Balance Type: | na
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- References No definition available. + Details
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Data Type: | xbrli:stringItemType
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Period Type: | duration