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INCOME TAXES (Components of Deferred Tax Assets) (Details) - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022
--- | --- | ---
Deferred tax assets: |  |
Allowance for credit losses and other reserves | $ 58,612 | $ 57,273
Scotiabank PR discount | 463 | 1,453
Loans and other real estate valuation adjustment | 1,905 | 2,313
Deferred loan charge-offs | 16,147 | 72,376
Net operating loss carry forwards | 6,548 | 9,022
Alternative minimum tax | 13,553 | 14,467
Unrealized net loss on available-for-sale securities | 11,525 | 16,422
Goodwill | 3,542 | 10,252
Acquired portfolio | 37,374 | 45,761
Other assets allowances | 1,692 | 1,538
Other deferred tax assets | 16,344 | 16,570
Total gross deferred tax asset | 167,705 | 247,447
Less: valuation allowance | (7,589) | (9,143)
Net gross deferred tax assets | 160,116 | 238,304
Deferred tax liabilities: |  |
Acquired loans tax basis | (137,143) | (137,195)
FDIC-assisted Eurobank acquisition, net | (5,481) | (5,760)
Customer deposit and customer relationship intangibles | (4,943) | (7,314)
Building valuation adjustment | (6,104) | (6,540)
Unrealized net gain included in other comprehensive income | 0 | (152)
Servicing asset | (15,516) | (16,041)
Other deferred tax liabilities | (8,450) | (9,817)
Total gross deferred tax liabilities | (177,637) | (182,819)
Net deferred tax (liability) asset |  | $ 55,485
Deferred tax liability valuation allowance | 569 |
Deferred tax liabilities, net | $ (17,521) |

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