XML 65 R46.htm IDEA: XBRL DOCUMENT v3.20.4
Loans (Tables)
12 Months Ended
Dec. 31, 2020
Loans [Abstract]  
Composition of Loan Portfolio

 

 

December 31, 2020

 

December 31,

 

 

Non-PCD

 

PCD

 

Total

 

2019

 

 

(In thousands)

 

 

 

Commercial loans:

 

 

 

 

 

 

 

 

 

 

 

 

Commercial secured by real estate

 

$

807,284

 

$

243,229

 

$

1,050,513

 

$

1,129,446

Other commercial and industrial

 

 

647,444

 

 

39,931

 

 

687,375

 

 

816,310

Commercial Paycheck Protection Program (PPP Loans)

 

 

289,218

 

 

-

 

 

289,218

 

 

-

US Loan Program

 

 

374,904

 

 

-

 

 

374,904

 

 

272,595

 

 

 

2,118,850

 

 

283,160

 

 

2,402,010

 

 

2,218,351

Mortgage

 

 

823,443

 

 

1,459,932

 

 

2,283,375

 

 

2,493,365

Consumer:

 

 

 

 

 

 

 

 

 

 

 

 

Personal loans

 

 

313,257

 

 

1,043

 

 

314,300

 

 

375,505

Credit lines

 

 

43,805

 

 

351

 

 

44,156

 

 

53,113

Credit cards

 

 

56,185

 

 

-

 

 

56,185

 

 

75,272

Overdraft

 

 

305

 

 

-

 

 

305

 

 

216

Auto

 

 

1,534,269

 

 

27,533

 

 

1,561,802

 

 

1,522,973

 

 

 

1,947,821

 

 

28,927

 

 

1,976,748

 

 

2,027,079

 

 

 

4,890,114

 

 

1,772,019

 

 

6,662,133

 

 

6,738,795

Allowance for credit losses

 

 

(161,015)

 

 

(43,794)

 

 

(204,809)

 

 

(116,539)

Total loans held for investment

 

 

4,729,099

 

 

1,728,225

 

 

6,457,324

 

 

6,622,256

Mortgage loans held for sale

 

 

41,654

 

 

-

 

 

41,654

 

 

19,591

Other loans held for sale

 

 

2,281

 

 

-

 

 

2,281

 

 

-

Total loans held for sale

 

 

43,935

 

 

-

 

 

43,935

 

 

19,591

Total loans, net

 

$

4,773,034

 

$

1,728,225

 

$

6,501,259

 

$

6,641,847

Aging of Recorded Investment in Gross Loans

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans 90+

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Days Past

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Due and

 

30-59 Days

 

60-89 Days

 

90+ Days

 

Total Past

 

 

 

 

 

Still

 

Past Due

 

Past Due

 

Past Due

 

Due

 

Current

 

Total Loans

 

Accruing

 

(In thousands)

Commercial

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial secured by real estate

$

2,781

 

$

750

 

$

17,862

 

$

21,393

 

$

785,891

 

$

807,284

 

$

-

Other commercial and industrial

 

1,674

 

 

234

 

 

4,695

 

 

6,603

 

 

930,059

 

 

936,662

 

 

-

US Loan Program

 

2,604

 

 

-

 

 

-

 

 

2,604

 

 

372,300

 

 

374,904

 

 

-

 

 

7,059

 

 

984

 

 

22,557

 

 

30,600

 

 

2,088,250

 

 

2,118,850

 

 

-

Mortgage

 

7,385

 

 

14,953

 

 

101,528

 

 

123,866

 

 

699,577

 

 

823,443

 

 

3,974

Consumer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personal loans

 

4,784

 

 

2,515

 

 

2,062

 

 

9,361

 

 

303,896

 

 

313,257

 

 

-

Credit lines

 

2,136

 

 

476

 

 

1,269

 

 

3,881

 

 

39,924

 

 

43,805

 

 

-

Credit cards

 

1,357

 

 

824

 

 

1,585

 

 

3,766

 

 

52,419

 

 

56,185

 

 

-

Overdraft

 

138

 

 

-

 

 

-

 

 

138

 

 

167

 

 

305

 

 

-

Auto

 

57,176

 

 

31,181

 

 

20,485

 

 

108,842

 

 

1,425,427

 

 

1,534,269

 

 

-

 

 

65,591

 

 

34,996

 

 

25,401

 

 

125,988

 

 

1,821,833

 

 

1,947,821

 

 

-

Total loans

$

80,035

 

$

50,933

 

$

149,486

 

$

280,454

 

$

4,609,660

 

$

4,890,114

 

$

3,974

 

December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans 90+

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Days Past

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Due and

 

30-59 Days

 

60-89 Days

 

90+ Days

 

Total Past

 

 

 

 

 

Still

 

Past Due

 

Past Due

 

Past Due

 

Due

 

Current

 

Total Loans

 

Accruing

 

(In thousands)

Commercial

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial secured by real estate

$

994

 

$

946

 

$

17,495

 

$

19,435

 

$

847,271

 

$

866,706

 

$

-

Other commercial and industrial

 

7,584

 

 

371

 

 

2,716

 

 

10,671

 

 

712,855

 

 

723,526

 

 

-

US Loan Program

 

-

 

 

-

 

 

-

 

 

-

 

 

272,595

 

 

272,595

 

 

-

 

 

8,578

 

 

1,317

 

 

20,211

 

 

30,106

 

 

1,832,721

 

 

1,862,827

 

 

-

Mortgage

 

9,285

 

 

13,105

 

 

94,109

 

 

116,499

 

 

783,096

 

 

899,595

 

 

2,418

Consumer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personal loans

 

4,978

 

 

2,123

 

 

1,579

 

 

8,680

 

 

358,477

 

 

367,157

 

 

-

Credit lines

 

533

 

 

20

 

 

221

 

 

774

 

 

51,840

 

 

52,614

 

 

-

Credit cards

 

1,438

 

 

417

 

 

896

 

 

2,751

 

 

72,451

 

 

75,202

 

 

-

Overdraft

 

51

 

 

-

 

 

-

 

 

51

 

 

165

 

 

216

 

 

-

Auto

 

72,336

 

 

31,412

 

 

14,270

 

 

118,018

 

 

1,350,864

 

 

1,468,882

 

 

-

 

 

79,336

 

 

33,972

 

 

16,966

 

 

130,274

 

 

1,833,797

 

 

1,964,071

 

 

-

Total loans

$

97,199

 

$

48,394

 

$

131,286

 

$

276,879

 

$

4,449,614

 

$

4,726,493

 

$

2,418

Acquired Loans With Deteriorated Credit Quality

 

December 31, 2019

 

 

Scotiabank PR & USVI

 

 

BBVAPR

 

 

Eurobank

 

 

Total

 

(In thousands)

 

 

 

Contractual required payments receivable:

$

2,147,249

 

$

1,086,367

 

$

117,107

 

$

3,350,723

Less: Non-accretable discount

 

294,424

 

 

340,466

 

 

4,285

 

 

639,175

Cash expected to be collected

 

1,852,825

 

 

745,901

 

 

112,822

 

 

2,711,548

Less: Accretable yield

 

458,885

 

 

214,886

 

 

34,441

 

 

708,212

Carrying amount, gross

 

1,393,940

 

 

531,015

 

 

78,381

 

 

2,003,336

Less: allowance for loan and lease losses

 

-

 

 

17,036

 

 

14,458

 

 

31,494

Carrying amount, net

$

1,393,940

 

$

513,979

 

$

63,923

 

$

1,971,842

 

 

 

 

 

 

 

 

 

 

 

 

Accretable Yield and Non-Accretable Discount Activity

 

Year Ended December 31, 2019

 

Mortgage

 

Commercial

 

Auto

 

Consumer

 

Total

 

(In thousands)

Accretable Yield Activity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of year

$

232,199

 

$

36,508

 

$

243

 

$

560

 

$

269,510

Accretion

 

(23,871)

 

 

(10,312)

 

 

(430)

 

 

(739)

 

 

(35,352)

Change in expected cash flows

 

(212)

 

 

23,080

 

 

(19)

 

 

739

 

 

23,588

Transfer from (to) non-accretable discount

 

(12,033)

 

 

(30,653)

 

 

253

 

 

(427)

 

 

(42,860)

Balance at end of year

$

196,083

 

$

18,623

 

$

47

 

$

133

 

$

214,886

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-Accretable Discount Activity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of year

$

291,887

 

$

10,346

 

$

24,245

 

$

18,945

 

$

345,423

Change in actual and expected losses

 

(27,741)

 

 

(19,295)

 

 

(169)

 

 

(612)

 

 

(47,817)

Transfer (to) from accretable yield

 

12,033

 

 

30,653

 

 

(253)

 

 

427

 

 

42,860

Balance at end of year

$

276,179

 

$

21,704

 

$

23,823

 

$

18,760

 

$

340,466

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2018

 

Mortgage

 

Commercial

 

Auto

 

Consumer

 

Total

 

(In thousands)

Accretable Yield Activity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of year

$

258,498

 

$

46,764

 

$

2,766

 

$

885

 

$

308,913

Accretion

 

(27,248)

 

 

(14,160)

 

 

(2,360)

 

 

(871)

 

 

(44,639)

Change in expected cash flows

 

-

 

 

7,895

 

 

890

 

 

484

 

 

9,269

Transfer from (to) non-accretable discount

 

949

 

 

(3,991)

 

 

(1,053)

 

 

62

 

 

(4,033)

Balance at end of year

$

232,199

 

$

36,508

 

$

243

 

$

560

 

$

269,510

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-Accretable Discount Activity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of year

$

299,501

 

$

10,596

 

$

23,050

 

$

19,284

 

$

352,431

Change in actual and expected losses

 

(6,665)

 

 

(4,241)

 

 

142

 

 

(277)

 

 

(11,041)

Transfer (to) from accretable yield

 

(949)

 

 

3,991

 

 

1,053

 

 

(62)

 

 

4,033

Balance at end of year

$

291,887

 

$

10,346

 

$

24,245

 

$

18,945

 

$

345,423

Accretable Yield and Non-Accretable Discount Activity of Acquired Eurobank Loans

 

Year Ended December 31, 2019

 

Mortgage

 

Commercial

 

Leasing

 

Consumer

 

Total

 

(In thousands)

Accretable Yield Activity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of year

$

38,389

 

$

3,310

 

 

-

 

$

-

 

$

41,699

Accretion

 

(4,999)

 

 

(4,611)

 

 

(14)

 

 

(164)

 

 

(9,788)

Change in expected cash flows

 

2,578

 

 

2,270

 

 

(145)

 

 

273

 

 

4,976

Transfer from (to) non-accretable discount

 

(1,947)

 

 

(549)

 

 

159

 

 

(109)

 

 

(2,446)

Balance at end of year

$

34,021

 

$

420

 

$

-

 

$

-

 

$

34,441

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-Accretable Discount Activity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of year

$

2,826

 

$

-

 

$

-

 

$

133

 

$

2,959

Change in actual and expected losses

 

(3,051)

 

 

1,928

 

 

159

 

 

(156)

 

 

(1,120)

Transfer (to) from accretable yield

 

1,947

 

 

549

 

 

(159)

 

 

109

 

 

2,446

Balance at end of year

$

1,722

 

$

2,477

 

$

-

 

$

86

 

$

4,285

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2018

 

Mortgage

 

Commercial

 

Leasing

 

Consumer

 

Total

 

(In thousands)

Accretable Yield Activity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of year

$

42,921

 

$

6,751

 

 

-

 

$

-

 

$

49,672

Accretion

 

(5,964)

 

 

(6,430)

 

 

(52)

 

 

(389)

 

 

(12,835)

Change in expected cash flows

 

(1,129)

 

 

5,023

 

 

(329)

 

 

700

 

 

4,265

Transfer from (to) non-accretable discount

 

2,561

 

 

(2,034)

 

 

381

 

 

(311)

 

 

597

Balance at end of year

$

38,389

 

$

3,310

 

$

-

 

$

-

 

$

41,699

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-Accretable Discount Activity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of year

$

5,334

 

$

276

 

$

-

 

$

235

 

$

5,845

Change in actual and expected losses

 

53

 

 

(2,310)

 

 

381

 

 

(413)

 

 

(2,289)

Transfer (to) from accretable yield

 

(2,561)

 

 

2,034

 

 

(381)

 

 

311

 

 

(597)

Balance at end of year

$

2,826

 

$

-

 

$

-

 

$

133

 

$

2,959

Investment in Loans on Non-Accrual Status

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

Nonaccrual with

 

Nonaccrual with no

 

 

 

Allowance

 

Allowance

 

 

 

for Credit Loss

 

for Credit Loss

 

Total

 

(In thousands)

 

 

 

Non-PCD:

 

 

 

 

 

 

 

 

Commercial

 

 

 

 

 

 

 

 

Commercial secured by real estate

$

15,225

 

$

21,462

 

$

36,687

Other commercial and industrial

 

2,138

 

 

3,174

 

 

5,312

 

 

17,363

 

 

24,636

 

 

41,999

Mortgage

 

24,920

 

 

17,747

 

 

42,667

Consumer

 

 

 

 

 

 

 

 

Personal loans

 

1,752

 

 

377

 

 

2,129

Personal lines of credit

 

1,272

 

 

-

 

 

1,272

Credit cards

 

1,586

 

 

-

 

 

1,586

Auto and leasing

 

20,766

 

 

-

 

 

20,766

 

 

25,376

 

 

377

 

 

25,753

Total non-accrual loans

$

67,659

 

$

42,760

 

$

110,419

 

 

 

 

 

 

 

 

 

PCD:

 

 

 

 

 

 

 

 

Commercial

 

 

 

 

 

 

 

 

Commercial secured by real estate

$

31,338

 

$

4,031

 

$

35,369

Other commercial and industrial

 

1,102

 

 

-

 

 

1,102

 

 

32,440

 

 

4,031

 

 

36,471

Mortgage

 

1,003

 

 

-

 

 

1,003

Consumer

 

 

 

 

 

 

 

 

Personal loans

 

1

 

 

-

 

 

1

 

 

1

 

 

-

 

 

1

Total non-accrual loans

$

33,444

 

$

4,031

 

$

37,475

 

$

101,103

 

$

46,791

 

$

147,894

 

December 31,

 

2019

 

(In thousands)

Commercial

 

 

Commercial secured by real estate

$

32,720

Other commercial and industrial

 

9,886

 

 

42,606

Mortgage

 

18,735

Consumer

 

 

Personal loans

 

4,164

Personal lines of credit

 

227

Credit cards

 

896

Auto and leasing

 

14,295

 

 

19,582

Total non-accrual loans

$

80,923

TDR Pre/Post Modifications And Rolling Twelve Months

 

Year Ended December 31, 2020

 

Number of contracts

 

Pre-Modification Outstanding Recorded Investment

 

Pre-Modification Weighted Average Rate

 

Pre-Modification Weighted Average Term (in Months)

 

Post-Modification Outstanding Recorded Investment

 

Post-Modification Weighted Average Rate

 

Post-Modification Weighted Average Term (in Months)

 

(Dollars in thousands)

Mortgage

88

 

$

11,081

 

4.70%

 

332

 

$

10,151

 

4.13%

 

327

Commercial

8

 

 

14,896

 

5.45%

 

63

 

 

14,896

 

4.36%

 

77

Consumer

23

 

 

349

 

14.11%

 

64

 

 

391

 

10.57%

 

76

Auto

31

 

 

217

 

10.88%

 

74

 

 

219

 

11.02%

 

71

 

Year Ended December 31, 2019

 

Number of contracts

 

Pre-Modification Outstanding Recorded Investment

 

Pre-Modification Weighted Average Rate

 

Pre-Modification Weighted Average Term (in Months)

 

Post-Modification Outstanding Recorded Investment

 

Post-Modification Weighted Average Rate

 

Post-Modification Weighted Average Term (in Months)

 

(Dollars in thousands)

Mortgage

148

 

$

19,130

 

5.85%

 

376

 

$

17,991

 

5.09%

 

345

Commercial

5

 

 

2,070

 

7.23%

 

56

 

 

2,070

 

6.05%

 

67

Consumer

370

 

 

5,357

 

15.69%

 

66

 

 

5,398

 

11.50%

 

74

Auto

22

 

 

319

 

7.29%

 

70

 

 

326

 

8.97%

 

44

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2018

 

Number of contracts

 

Pre-Modification Outstanding Recorded Investment

 

Pre-Modification Weighted Average Rate

 

Pre-Modification Weighted Average Term (in Months)

 

Post-Modification Outstanding Recorded Investment

 

Post-Modification Weighted Average Rate

 

Post-Modification Weighted Average Term (in Months)

 

(Dollars in thousands)

Mortgage

143

 

$

19,029

 

5.09%

 

342

 

$

18,237

 

4.41%

 

314

Commercial

23

 

 

26,019

 

5.75%

 

118

 

 

25,973

 

5.64%

 

136

Consumer

174

 

 

2,313

 

13.24%

 

51

 

 

2,332

 

9.86%

 

61

Auto

2

 

 

40

 

10.42%

 

37

 

 

40

 

10.28%

 

32

 

Year ended December 31,

 

2020

 

 

2019

 

 

2018

 

Number of Contracts

 

Recorded Investment

 

 

Number of Contracts

 

Recorded Investment

 

 

Number of Contracts

 

Recorded Investment

 

(Dollars in thousands)

Mortgage

9

 

$

1,345

 

 

29

 

$

3,597

 

 

23

 

$

3,262

Commercial

-

 

$

-

 

 

-

 

$

-

 

 

4

 

$

2,141

Consumer

1

 

$

2

 

 

77

 

$

1,118

 

 

28

 

$

341

Auto

-

 

$

-

 

 

3

 

$

51

 

 

-

 

$

-

Aging of the Amortized Cost of Collateral-Dependent Loans Held For Investment

 

December 31, 2020

 

(In thousands)

Commercial loans:

 

 

Commercial secured by real estate

$

29,279

Total loans

$

29,279

Credit Quality Indicators of Loans

 

Term Loans

 

Revolving

 

 

 

 

Amortized Cost Basis by Origination Year

 

Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortized

 

 

 

2020

 

2019

 

2018

 

2017

 

2016

 

Prior

 

Cost Basis

 

Total

 

(In thousands)

Commercial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial secured by real estate:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan grade:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

$

113,474

 

$

105,156

 

$

106,283

 

$

81,338

 

$

44,008

 

$

187,189

 

$

30,686

 

$

668,134

Special Mention

 

10,592

 

 

20,605

 

 

5,233

 

 

11,771

 

 

8,514

 

 

3,090

 

 

37,680

 

 

97,485

Substandard

 

183

 

 

63

 

 

758

 

 

8,923

 

 

584

 

 

23,746

 

 

7,331

 

 

41,588

Doubtful

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

77

 

 

-

 

 

77

Loss

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

Total commercial secured by real estate

 

124,249

 

 

125,824

 

 

112,274

 

 

102,032

 

 

53,106

 

 

214,102

 

 

75,697

 

 

807,284

Other commercial and industrial:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan grade:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

 

384,901

 

 

84,433

 

 

75,023

 

 

14,502

 

 

8,326

 

 

7,922

 

 

300,429

 

 

875,536

Special Mention

 

151

 

 

8,242

 

 

19,626

 

 

-

 

 

-

 

 

3,337

 

 

23,732

 

 

55,088

Substandard

 

207

 

 

66

 

 

486

 

 

164

 

 

2,809

 

 

119

 

 

2,122

 

 

5,973

Doubtful

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

65

 

 

65

Loss

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

Total other commercial and industrial:

 

385,259

 

 

92,741

 

 

95,135

 

 

14,666

 

 

11,135

 

 

11,378

 

 

326,348

 

 

936,662

US Loan Program:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan grade:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pass

 

68,688

 

 

62,264

 

 

77,762

 

 

7,124

 

 

-

 

 

-

 

 

98,324

 

 

314,162

Special Mention

 

-

 

 

1,501

 

 

33,282

 

 

-

 

 

-

 

 

-

 

 

1,250

 

 

36,033

Substandard

 

7,156

 

 

-

 

 

17,553

 

 

-

 

 

-

 

 

-

 

 

-

 

 

24,709

Doubtful

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

Loss

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

Total US loan program:

 

75,844

 

 

63,765

 

 

128,597

 

 

7,124

 

 

-

 

 

-

 

 

99,574

 

 

374,904

Total commercial loans

$

585,352

 

$

282,330

 

$

336,006

 

$

123,822

 

$

64,241

 

$

225,480

 

$

501,619

 

$

2,118,850

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revolving Loans

 

 

 

 

Term Loans

 

Revolving

 

Converted to

 

 

 

 

Amortized Cost Basis by Origination Year

 

Loans

 

Term Loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortized

 

Amortized

 

 

 

2020

 

2019

 

2018

 

2017

 

2016

 

Prior

 

Cost Basis

 

Cost Basis

 

Total

 

(In thousands)

Mortgage:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payment performance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

$

14,842

 

$

20,516

 

$

27,359

 

$

33,088

 

$

38,637

 

$

642,045

 

$

-

 

$

-

 

$

776,487

Nonperforming

 

-

 

 

347

 

 

722

 

 

894

 

 

950

 

 

44,043

 

 

-

 

 

-

 

 

46,956

Total mortgage loans:

 

14,842

 

 

20,863

 

 

28,081

 

 

33,982

 

 

39,587

 

 

686,088

 

 

-

 

 

-

 

 

823,443

Consumer:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personal loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payment performance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

 

88,653

 

 

115,295

 

 

58,009

 

 

28,424

 

 

13,565

 

 

7,181

 

 

-

 

 

-

 

 

311,127

Nonperforming

 

201

 

 

591

 

 

492

 

 

318

 

 

134

 

 

394

 

 

-

 

 

-

 

 

2,130

Total personal loans

 

88,854

 

 

115,886

 

 

58,501

 

 

28,742

 

 

13,699

 

 

7,575

 

 

-

 

 

-

 

 

313,257

Credit lines:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payment performance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

42,531

 

 

-

 

 

42,531

Nonperforming

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

1,274

 

 

-

 

 

1,274

Total credit lines

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

43,805

 

 

-

 

 

43,805

Credit cards:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payment performance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

54,599

 

 

-

 

 

54,599

Nonperforming

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

1,586

 

 

-

 

 

1,586

Total credit cards

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

56,185

 

 

-

 

 

56,185

Overdrafts:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payment performance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performing

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

305

 

 

-

 

 

305

Nonperforming

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

Total overdrafts

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

-

 

 

305

 

 

-

 

 

305

Total consumer loans

 

88,854

 

 

115,886

 

 

58,501

 

 

28,742

 

 

13,699

 

 

7,575

 

 

100,295

 

 

-

 

 

413,552

Total mortgage and consumer loans

$

103,696

 

$

136,749

 

$

86,582

 

$

62,724

 

$

53,286

 

$

693,663

 

$

100,295

 

$

-

 

$

1,236,995

 

Term Loans

 

 

 

 

Amortized Cost Basis by Origination Year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2020

 

2019

 

2018

 

2017

 

2016

 

Prior

 

Total

 

(In thousands)

Auto:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FICO score:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1-660

 

121,878

 

 

112,476

 

 

97,725

 

 

56,935

 

 

30,307

 

 

22,360

 

 

441,681

661-699

 

84,673

 

 

68,698

 

 

44,633

 

 

23,308

 

 

13,571

 

 

9,031

 

 

243,914

700+

 

173,834

 

 

214,287

 

 

164,205

 

 

85,743

 

 

45,947

 

 

32,177

 

 

716,193

No FICO

 

21,512

 

 

42,597

 

 

33,305

 

 

18,127

 

 

9,656

 

 

7,284

 

 

132,481

Total auto:

$

401,897

 

$

438,058

 

$

339,868

 

$

184,113

 

$

99,481

 

$

70,852

 

$

1,534,269

 

December 31, 2019

 

Loan Grades

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance

 

 

 

 

Special

 

 

 

 

 

 

 

 

 

Outstanding

 

Pass

 

Mention

 

Substandard

 

Doubtful

 

Loss

 

(In thousands)

Commercial

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial secured by real estate

$

866,706

 

$

762,443

 

$

55,870

 

$

48,357

 

$

36

 

$

-

Other commercial and industrial

 

723,526

 

 

706,831

 

 

6,634

 

 

9,960

 

 

101

 

 

-

US Loan Program

 

272,595

 

 

262,745

 

 

9,850

 

 

-

 

 

-

 

 

-

Total Commercial

$

1,862,827

 

$

1,732,019

 

$

72,354

 

$

58,317

 

$

137

 

$

-

 

December 31, 2019

 

Loan Grades

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance

 

 

 

 

Special

 

 

 

 

 

 

 

 

 

Outstanding

 

Pass

 

Mention

 

Substandard

 

Doubtful

 

Loss

 

 

Retail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage

$

899,595

 

$

805,486

 

$

-

 

$

94,109

 

$

-

 

$

-

Consumer:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personal loans

 

367,157

 

 

365,579

 

 

-

 

 

1,578

 

 

-

 

 

-

Personal lines of credit

 

52,614

 

 

52,393

 

 

-

 

 

221

 

 

-

 

 

-

Credit cards

 

75,202

 

 

74,306

 

 

-

 

 

896

 

 

-

 

 

-

Overdrafts

 

216

 

 

165

 

 

-

 

 

51

 

 

-

 

 

-

Auto

 

1,468,882

 

 

1,454,612

 

 

-

 

 

14,270

 

 

-

 

 

-

Total consumer loans

 

1,964,071

 

 

1,947,055

 

 

-

 

 

17,016

 

 

-

 

 

-

Total retail loans

$

2,863,666

 

$

2,752,541

 

$

-

 

$

111,125

 

$

-

 

$

-