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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

Income Taxes [Abstract]

Schedule Of Components Of Income Tax Expense Benefit [Table Text Block]

	Year Ended December 31,
	2020			2019				2018
	(In thousands)
Current income tax (benefit) expense	$	(7,347)		$	25,477		$	33,618
Deferred income tax expense (benefit)		27,846			(4,068)			14,772
Total income tax expense	$	20,499		$	21,409		$	48,390

Schedule Of Effective Income Tax Rate Reconciliation [Table Text Block]

	Year Ended December 31,
	2020					2019					2018
	Amount			Rate		Amount			Rate		Amount			Rate
	(Dollars in thousands)
Income tax expense at statutory rates	$	35,567		37.51%		$	28,219		37.50%		$	51,792		39.00%
Tax of exempt income, net		(7,272)		-7.67%			(8,728)		-11.60%			(6,645)		-5.01%
Disallowed net operating loss carryover		202		0.21%			384		0.51%			269		0.20%
Change in valuation allowance		2,267		2.39%			1,217		1.62%			1,504		1.13%
Unrecognized tax benefits, net		(1,941)		-2.05%			1,794		2.38%			(386)		-0.29%
Capital gain at preferential rate		(450)		-0.47%			(265)		-0.35%			(20)		-0.02%
Effect of change in tax rate		-		0.00%			-		0.00%			4,069		3.06%
Tax rate difference (ordinary vs capital)		(4,218)		-4.45%			-		0.00%			-		0.00%
Bargain purchase gain		(2,751)		-2.90%			(118)		-0.16%			-		0.00%
Other items, net		(905)		-0.95%			(1,094)		-1.44%			(2,193)		-1.63%
Income tax expense	$	20,499		21.60%		$	21,409		28.50%		$	48,390		36.40%

Summary Of Income Tax Contingencies [Text Block]

	Year Ended December 31,
	2020			2019			2018
	(In thousands)
Balance at beginning of year	$	2,668		$	875		$	1,260
Additions for tax positions of prior years		50			51			81
Additions due to new tax positions		-			2,181			-
Reduction for tax positions as a result of lapse of statute of limitations or new information resulting in a change in assessment		(1,990)			(439)			(466)
Balance at end of year	$	728		$	2,668		$	875

Schedule Of Deferred Tax Assets And Liabilities [Table Text Block]

	December 31,
	2020			2019
	(In thousands)
Deferred tax asset:
Allowance for loan and lease losses and other reserves	$	83,578		$	75,747
Scotiabank PR discount		5,461		$	15,499
Loans and other real estate valuation adjustment		5,769			6,874
Deferred loan charge-offs		140,445			144,799
Net operating loss carry forwards		7,947			7,785
Alternative minimum tax		15,513			25,123
Unrealized net loss included in other comprehensive income		642			340
Deferred loan origination income, net		5,147			11,303
Goodwill		23,927			30,408
Acquired portfolio		52,301			51,079
Other assets allowances		525			457
Other deferred tax assets		24,767			23,506
Total gross deferred tax asset		366,022			392,920
Less: valuation allowance		(8,842)			(6,585)
Net gross deferred tax assets		357,180			386,335
Deferred tax liability:
Acquired loans tax basis		(135,816)			(146,496)
FDIC-assisted Eurobank acquisition, net		(9,171)			(14,004)
Customer deposit and customer relationship intangibles		(13,823)			(17,838)
Building valuation adjustment		(7,412)			(7,848)
Unrealized net gain on available-for-sale securities		(2,106)			(82)
Servicing asset		(14,682)			(15,988)
Other deferred tax liabilities		(11,692)			(7,339)
Total gross deferred tax liabilities		(194,702)			(209,595)
Net deferred tax asset	$	162,478		$	176,740

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months.

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