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v3.23.2

LOANS (Narrative) (Details) $ in Thousands | 1 Months Ended | 3 Months Ended | 6 Months Ended |
--- | --- | --- | --- | ---
Jul. 31, 2023 USD ($) | Jun. 30, 2023 USD ($) portfolioSegment | Jun. 30, 2022 USD ($) | Jun. 30, 2023 USD ($) portfolioSegment | Jun. 30, 2022 USD ($) | Dec. 31, 2022 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Number of loan portfolio segments | portfolioSegment |  | 4 |  | 4 |  |
Total Loans |  | $ 7,117,871 |  | $ 7,117,871 |  | $ 6,835,322
Total loans held for sale |  | 30,296 |  | 30,296 |  | 40,587
Total |  |  |  |  |  | 165,484
Accrued interest receivable on modified loans |  |  |  | 5 |  |
Net interest income |  | 139,644 | $ 115,094 | 275,541 | $ 220,288 |
Recorded investment of residential mortgage loans collateralized and in process of foreclosure |  | 25,800 |  | 25,800 |  | 14,900
Balance of revolving loans converted to term loans, amount |  | 79,400 |  | 79,400 |  | 78,000
Accrued interest receivable |  | 63,357 |  | 63,357 |  | 62,402
Loans |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Accrued interest receivable |  | 58,638 |  | 58,638 |  | 58,144
Non-accruing |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total |  |  |  |  |  | 20,329
Accruing |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total |  |  |  |  |  | 145,155
Non-PCD |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total Loans |  | 5,980,263 |  | 5,980,263 |  | 5,641,446
Total loans held for sale |  | 30,296 |  | 30,296 |  | 40,587
Non-PCD | Total Past Due |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total Loans |  | 219,643 |  | 219,643 |  | 227,763
Mortgage Loans - GNMA Buy-Back Option Program |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Delinquent loans |  | 18,400 |  | 18,400 |  | 32,600
Mortgage |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Amount of loans transferred to held-for-investment |  |  |  | 8,700 | 1,100 |
Total Loans |  | 1,622,388 |  | 1,622,388 |  | 1,704,221
Total loans held for sale |  | $ 11,397 |  | $ 11,397 |  | 19,499
Total |  |  |  |  |  | 109,160
Recorded Investment |  |  |  |  | 800 |
Mortgage | Government Guaranteed Loan |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Period past due |  | 90 days |  | 90 days |  |
Nonaccrual status |  |  |  | 12 months |  |
Total |  | $ 4,200 |  | $ 4,200 |  | 43,500
Mortgage | Non-accruing |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total |  |  |  |  |  | 6,773
Mortgage | Accruing |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total |  |  |  |  |  | 102,387
Mortgage | Non-PCD |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total Loans |  | 641,555 |  | 641,555 |  | 675,793
Total loans held for sale |  | 11,397 |  | 11,397 |  | 19,499
Mortgage | Non-PCD | Total Past Due |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total Loans |  | 49,607 |  | 49,607 |  | 71,829
Commercial loans |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Amount of loans transferred to held-for-investment |  |  |  |  | $ 16,900 |
Total Loans |  | 2,774,398 |  | 2,774,398 |  | 2,629,929
Total loans held for sale |  | 18,899 |  | 18,899 |  | 21,088
Total |  |  |  |  |  | 54,382
Commitment to lend additional funds |  | 0 |  | 0 |  | 3,200
Commercial loans | Non-accruing |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total loans held for sale |  | 14,300 |  | 14,300 |  | 16,400
Total |  |  |  |  |  | 13,541
Commercial loans | Accruing |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total |  |  |  |  |  | 40,841
Commercial loans | Total Past Due |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total loans held for sale |  |  |  |  |  | 21,100
Commercial loans | Non-PCD |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total Loans |  | 2,621,510 |  | 2,621,510 |  | 2,470,777
Total loans held for sale |  | 18,899 |  | 18,899 |  | 21,088
Commercial loans | Non-PCD | Total Past Due |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total Loans |  | 28,643 |  | 28,643 |  | 12,122
Total loans held for sale |  | 6,400 |  | 6,400 |  |
Commercial loans | US commercial loans |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total Loans |  | 669,332 |  | 669,332 |  | 642,133
Total |  |  |  |  |  | 7,132
Unpaid principal balance |  | 8,900 |  |  |  |
Private stock value |  | 1,600 |  |  |  |
Commercial loans | US commercial loans | Principal Forbearance |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Unpaid principal balance |  | 4,600 |  |  |  |
Commercial loans | US commercial loans | Subsequent Event | Principal Forbearance |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Unpaid principal balance | $ 4,400 |  |  |  |  |
Private stock value | $ 279 |  |  |  |  |
Commercial loans | US commercial loans | Non-accruing |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total |  |  |  |  |  | 0
Commercial loans | US commercial loans | Accruing |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total |  |  |  |  |  | 7,132
Commercial loans | US commercial loans | Non-PCD |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total Loans |  | 669,332 |  | 669,332 |  | 642,133
Commercial loans | US commercial loans | Non-PCD | Total Past Due |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total Loans |  | 15,991 |  | 15,991 |  | 0
Commercial loans | Puerto Rico | Government |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total Loans |  | 70,600 |  | 70,600 |  | 73,700
Mortgage and consumer loans |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Balance of revolving loans converted to term loans, amount |  | 0 |  | 0 |  | 0
Mortgage and consumer loans | Non-PCD |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total Loans |  | $ 1,234,677 |  | $ 1,234,677 |  | $ 1,212,412

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