XML 55 R41.htm IDEA: XBRL DOCUMENT v3.8.0.1
Allowance for Loan and Lease Losses (Tables)
12 Months Ended
Dec. 31, 2017
Allowance for loan and lease losses [Abstract]  
Allowance for Credit Losses on Financing Receivables [Table Text Block]
December 31,
20172016
(In thousands)
Allowance for loans and lease losses:
Originated and other loans and leases held for investment:
Mortgage $20,439$17,344
Commercial30,2588,995
Consumer16,45413,067
Auto and leasing25,56719,463
Unallocated-431
Total allowance for originated and other loans and lease losses92,71859,300
Acquired BBVAPR loans:
Accounted for under ASC 310-20 (Loans with revolving feature and/or
acquired at a premium)
Commercial42169
Consumer3,2253,028
Auto5951,103
3,8624,300
Accounted for under ASC 310-30 (Loans acquired with deteriorated
credit quality, including those by analogy)
Mortgage 14,0852,682
Commercial 23,69123,452
Consumer18-
Auto7,9614,922
45,75531,056
Total allowance for acquired BBVAPR loans and lease losses49,61735,356
Acquired Eurobank loans:
Loans secured by 1-4 family residential properties15,18711,947
Commercial9,9829,328
Consumer56
Total allowance for acquired Eurobank loan and lease losses25,17421,281
Total allowance for loan and lease losses$167,509$115,937

Year Ended December 31, 2017
MortgageCommercialConsumerAuto and LeasingUnallocatedTotal
(In thousands)
Allowance for loan and lease losses for originated and other loans:
Balance at beginning of year$17,344$8,995$13,067$19,463$431$59,300
Charge-offs(6,623)(7,684)(13,641)(33,908)-(61,856)
Recoveries5851,2811,20912,314-15,389
Provision (recapture) for loan and lease losses9,13327,66615,81927,698(431)79,885
Balance at end of year$20,439$30,258$16,454$25,567$-$92,718

Year Ended December 31, 2016
MortgageCommercialConsumerAuto and LeasingUnallocatedTotal
(In thousands)
Allowance for loan and lease losses for originated and other loans:
Balance at beginning of year$18,352$64,791$11,197$18,261$25$112,626
Charge-offs(6,767)(62,445)(11,554)(31,731)-(112,497)
Recoveries33046045212,871-14,113
Provision (recapture) for loan and lease losses5,4296,18912,97220,06240645,058
Balance at end of year$17,344$8,995$13,067$19,463$431$59,300
Year Ended December 31, 2015
MortgageCommercialConsumerAuto and LeasingUnallocatedTotal
(In thousands)
Allowance for loan and lease losses for originated and other loans:
Balance at beginning of year$19,679$8,432$9,072$14,255$1$51,439
Charge-offs(5,397)(5,546)(8,683)(33,375)-(53,001)
Recoveries39143287113,158-14,852
Provision (recapture) for loan and lease losses3,67961,4739,93724,2232499,336
Balance at end of year$18,352$64,791$11,197$18,261$25$112,626

December 31, 2017
MortgageCommercialConsumerAuto and LeasingUnallocatedTotal
(In thousands)
Allowance for loan and lease losses on originated and other loans:
Ending allowance balance attributable to loans:
Individually evaluated for impairment$9,121$10,573$-$-$-$19,694
Collectively evaluated for impairment11,31819,68516,45425,567-73,024
Total ending allowance balance$20,439 $ 30,258 $ 16,454 $ 25,567 $ - $ 92,718
Loans:
Individually evaluated for impairment$85,403$71,538$-$-$-$156,941
Collectively evaluated for impairment598,2041,235,723330,039883,985-3,047,951
Total ending loan balance$683,607$1,307,261$330,039$883,985$-$3,204,892

December 31, 2016
MortgageCommercialConsumerAuto and LeasingUnallocatedTotal
(In thousands)
Allowance for loan and lease losses on originated and other loans:
Ending allowance balance attributable to loans:
Individually evaluated for impairment$7,761$1,626$-$-$-$9,387
Collectively evaluated for impairment9,5837,36913,06719,46343149,913
Total ending allowance balance$17,344 $ 8,995 $ 13,067 $ 19,463 $ 431 $ 59,300
Loans:
Individually evaluated for impairment$91,650$53,139$-$-$-$144,789
Collectively evaluated for impairment629,8441,224,727290,515756,395-2,901,481
Total ending loan balance$721,494$1,277,866$290,515$756,395$-$3,046,270

Year Ended December 31, 2017
CommercialConsumerAutoTotal
(In thousands)
Allowance for loan and lease losses for acquired BBVAPR loans accounted for under ASC 310-20:
Balance at beginning of year$169$3,028$1,103$4,300
Charge-offs(132)(3,048)(976)(4,156)
Recoveries54461,4201,871
Provision (recapture) for acquired BBVAPR loan and lease losses accounted for under ASC 310-20-2,799(952)1,847
Balance at end of year$42$3,225$595$3,862

Year Ended December 31, 2016
CommercialConsumerAutoTotal
(In thousands)
Allowance for loan and lease losses for acquired BBVAPR loans accounted for under ASC 310-20:
Balance at beginning of year$26$3,429$2,087$5,542
Charge-offs(42)(3,619)(2,155)(5,816)
Recoveries733011,9452,319
Provision (recapture) for acquired BBVAPR loan and lease losses accounted for under ASC 310-201122,917(774)2,255
Balance at end of year$169$3,028$1,103$4,300

Year Ended December 31, 2015
CommercialConsumerAutoTotal
(In thousands)
Allowance for loan and lease losses for acquired BBVAPR loans accounted for under ASC 310-20:
Balance at beginning of year$65$1,211$3,321$4,597
Charge-offs(42)(4,755)(4,548)(9,345)
Recoveries316802,1102,821
Provision (recapture) for acquired loan and lease losses accounted for under ASC 310-20(28)6,2931,2047,469
Balance at end of year$26$3,429$2,087$5,542

December 31, 2017
CommercialConsumerAutoTotal
(In thousands)
Allowance for loan and lease losses for acquired BBVAPR loans accounted for under ASC 310-20:
Ending allowance balance attributable to loans:
Individually evaluated for impairment$20$-$-$20
Collectively evaluated for impairment223,2255953,842
Total ending allowance balance$42$3,225$595$3,862
Loans:
Individually evaluated for impairment$747$-$-$747
Collectively evaluated for impairment3,63328,91521,96954,517
Total ending loan balance$4,380$28,915$21,969$55,264

December 31, 2016
CommercialConsumerAutoTotal
(In thousands)
Allowance for loan and lease losses for acquired BBVAPR loans accounted for under ASC 310-20:
Ending allowance balance attributable to loans:
Individually evaluated for impairment$141$-$-$141
Collectively evaluated for impairment283,0281,1034,159
Total ending allowance balance$169$3,028$1,103$4,300
Loans:
Individually evaluated for impairment$1,150$-$-$1,150
Collectively evaluated for impairment4,41232,86253,02690,300
Total ending loan balance$5,562$32,862$53,026$91,450

Year Ended December 31, 2017
MortgageCommercialConsumerAutoTotal
(In thousands)
Allowance for loan and lease losses for acquired BBVAPR loans accounted for under ASC 310-30:
Balance at beginning of year$2,682$23,452$-$4,922$31,056
Provision for BBVAPR loans and lease losses accounted for under ASC 310-3011,4979,758183,40824,681
Allowance de-recognition(94)(9,519)-(369)(9,982)
Balance at end of year$14,085$23,691$18$7,961$45,755
Year Ended December 31, 2016
MortgageCommercialConsumerAutoTotal
(In thousands)
Allowance for loan and lease losses for acquired BBVAPR loans accounted for under ASC 310-30:
Balance at beginning of year$1,762$21,161$-$2,862$25,785
Provision (recapture) for BBVAPR loans and lease losses accounted for under ASC 310-301,10511,710-2,69315,508
Loan pools fully charged-off(14)(66)-(202)(282)
Allowance de-recognition(171)(9,353)-(431)(9,955)
Balance at end of year$2,682$23,452$-$4,922$31,056
Year Ended December 31, 2015
MortgageCommercialConsumerAutoTotal
(In thousands)
Allowance for loan and lease losses for acquired BBVAPR loans accounted for under ASC 310-30:
Balance at beginning of year$513,476--13,481
Provision for BBVAPR loans and lease losses accounted for under ASC 310-301,75712,037-2,86216,656
Loan pools fully charged-off-(4,352)--(4,352)
Balance at end of year$1,762$21,161$-$2,862$25,785

Year Ended December 31, 2017
Loans Secured by 1-4 Family Residential PropertiesCommercialConsumerTotal
(In thousands)
Allowance for loan and lease losses for acquired Eurobank loans:
Balance at beginning of period$11,947$9,328$6$21,281
Provision for covered loan and lease losses, net5,0451,680-6,725
Allowance de-recognition(1,805)(1,026)(1)(2,832)
Balance at end of period$15,187$9,982$5$25,174
Year Ended December 31, 2016
Loans Secured by 1-4 Family Residential PropertiesCommercialConsumerTotal
(In thousands)
Allowance for loan and lease losses for acquired Eurobank loans:
Balance at beginning of period$22,570$67,365$243$90,178
Provision for covered loan and lease losses, net1,0801,183(8)2,255
Loan pools fully charged-off-(134)-(134)
Allowance de-recognition(15,094)(59,086)(229)(74,409)
FDIC shared-loss portion of provision for covered loan and lease losses, net3,391--3,391
Balance at end of period$11,947$9,328$6$21,281
Year Ended December 31, 2015
Loans Secured by 1-4 Family Residential PropertiesCommercialConsumerTotal
(In thousands)
Allowance for loan and lease losses for acquired Eurobank loans:
Balance at beginning of period$5,469$58,511$265$64,245
Provision for covered loan and lease losses, net17,718$20,04327938,040
Loan pools fully charged-off(722)(13,587)(301)(14,610)
FDIC shared-loss portion of provision for covered loan and lease losses, net1052,398-2,503
Balance at end of period$22,570$67,365$243$90,178