XML 55 R67.htm IDEA: XBRL DOCUMENT v2.4.0.8
LOAN PORTFOLIO - Loan Portfolio Held for Investment (Detail) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Sep. 30, 2013
Financial Information [Line Items]      
Residential mortgage loans, mainly secured by first mortgages $ 2,819,648 $ 2,549,008  
Commercial loans:      
Construction loans 141,689 168,713  
Commercial mortgage loans 1,812,094 1,823,608  
Commercial and Industrial loans 2,515,384 [1] 2,788,250 [1]  
Loans to local financial institutions collateralized by real estate mortgages 0 [2] 240,072 [2]  
Commercial loans 4,469,167 5,020,643  
Finance leases 236,115 245,323  
Consumer loans 1,790,472 1,821,196  
Loans held for investment 9,315,402 9,636,170 9,508,634
Less: allowance for loan and lease losses (225,434) (285,858)  
Loans held for investment, net 9,089,968 9,350,312  
Commercial And Industrial [Member]
     
Commercial loans:      
Loans held for investment $ 2,515,384 $ 3,028,322  
[1] As of September 30, 2014 and December 31, 2013, includes $1.1 billion and $1.2 billion, respectively, of commercial loans that are secured by real estate but are not dependent upon the real estate for repayment.
[2] On May 30, 2014, FirstBank acquired from Doral Financial Corporation ("Doral") mortgage loans, mainly residential mortgage loans, having an unpaid principal balance of $241.7 million (estimated fair value at acquisition of $226.0 million) in full satisfaction of secured borrowings with a book value of $232.9 million owed by Doral to FirstBank. Refer to Acquired Loans, including Purchased Credit-Impaired ("PCI") loans discussion below for additional information.