Pledge Assets

12 Months Ended

Dec. 31, 2017

TransfersAndServicingAbstract

Pledge Assets [Text Block]

NOTE 5- PLEDGED ASSETS

The following table shows a summary of pledged and not pledged assets at December 31, 2017 and 2016. Investment securities available for sale are presented at fair value, and investment securities held-to-maturity, residential mortgage loans, commercial loans and leases are presented at amortized cost:

	December 31,
	2017		2016
	(In thousands)
Pledged investment securities to secure:
Securities sold under agreements to repurchase	$	205,484	$	700,498
Derivatives		1,478		2,397
Bond for the Bank's trust operations		341		348
Puerto Rico public fund deposits		22,948		-
Total pledged investment securities		230,251		703,243
Pledged residential mortgage loans to secure:
Advances from the Federal Home Loan Bank		971,772		1,028,234
Pledged commercial loans to secure:
Advances from the Federal Home Loan Bank		305,346		381,990
Federal Reserve Bank Credit Facility		993		1,303
Puerto Rico public fund deposits		150,036		209,236
		456,375		592,529
Total pledged assets	$	1,658,398	$	2,324,006
Financial assets not pledged:
Investment securities	$	921,610	$	648,125
Residential mortgage loans		325,698		348,030
Commercial loans		1,152,151		1,064,923
Consumer loans		361,497		329,050
Auto loans and leases		949,650		895,097
Total assets not pledged	$	3,710,606	$	3,285,225