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PLEDGED ASSETS (Tables)
 12 Months Ended
Dec. 31, 2024
Pledged Assets [Abstract]  
Schedule of Pledged and not Pledged Assets
The following table shows a summary of pledged and not pledged assets at December 31, 2024 and 2023. Investment securities available for sale are presented at fair value, and investment securities held to maturity, residential mortgage loans, commercial loans, consumer loans and auto loans are presented at amortized cost:
December 31,
20242023
(In thousands)
Pledged investment securities to secure:
Securities sold under agreements to repurchase$80,968 $— 
Bank Term Funding Program41,889 48,070 
IBE Regulation1,045 645 
Bond for the Bank's trust operations104 104 
Puerto Rico public fund deposits1,439,627 1,575,042 
Total pledged investment securities1,563,633 1,623,861 
Pledged residential mortgage loans to secure:
Advances from the FHLB
700,469 769,813 
Pledged commercial loans to secure:
Advances from the FHLB
394,597 236,665 
Federal Reserve Bank Credit Facility79,893 70,075 
Puerto Rico public fund deposits66,944 69,731 
541,434 376,471 
Pledged auto loans to secure:
Federal Reserve Bank Credit Facility2,069,693 1,169,711 
Pledged consumer loans to secure:
Federal Reserve Bank Credit Facility551,131 — 
Total pledged assets$5,426,360 $3,939,856 
Financial assets not pledged:
Investment securities$1,101,730 $1,024,427 
Residential mortgage loans783,634 792,796 
Commercial loans2,566,102 2,728,777 
Consumer loans117,430 620,446 
Auto loans479,800 1,104,710 
Total assets not pledged$5,048,696 $6,271,156