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Pledged Assets (Tables)

12 Months Ended

Dec. 31, 2020

Pledged Assets [Abstract]

Summary of Pledged and not Pledged Assets

	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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- References

No definition available.

+ Details

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- Definition

Tabular disclosure of financial instruments held by the entity for its own account for trading or investment purposes that are carried at fair value and pledged to counterparties as collateral for financing transactions. Description may include equity, fixed income, debt or other securities.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 30
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=66007379&loc=d3e113888-111728

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 30
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=109249958&loc=SL6224234-111729

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