XML 45 R77.htm IDEA: XBRL DOCUMENT v2.4.0.8
LOAN PORTFOLIO - Additional Information (Detail) (USD $)
0 Months Ended 1 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended
Oct. 02, 2014
May 30, 2012
May 30, 2014
Sep. 30, 2014
Jun. 30, 2014
Sep. 30, 2013
Mar. 31, 2013
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2013
Sep. 30, 2014
Puerto Rico Government and Political Subdivisions [Member]
Sep. 30, 2014
Public Corporations [Member]
Sep. 30, 2014
Government [Member]
Sep. 30, 2014
Puerto Rico Tourism Development Fund [Member]
Sep. 30, 2014
Puerto Rico Electric PowerAuthority [Member]
Sep. 30, 2014
GNMA
Sep. 30, 2014
FNMA and FHLMC
Jun. 30, 2013
Residential Mortgage [Member]
Sep. 30, 2014
Government Guaranteed Loans [Member]
Sep. 30, 2014
Loans in trial [Member]
Mar. 31, 2013
Non Accrual [Member]
Sep. 30, 2014
Non Accrual [Member]
Dec. 31, 2013
Non Accrual [Member]
Sep. 30, 2014
Loans Split [Member]
Sep. 30, 2013
Loans Split [Member]
Sep. 30, 2014
Non Fha Va Residential Mortgage Loans [Member]
Dec. 31, 2013
Non Fha Va Residential Mortgage Loans [Member]
Sep. 30, 2014
Commercial And Industrial Loan [Member]
Dec. 31, 2013
Commercial And Industrial Loan [Member]
Sep. 30, 2014
Commercial Mortgage Loans [Member]
Dec. 31, 2013
Commercial Mortgage Loans [Member]
Dec. 31, 2013
Commercial Construction [Member]
Sep. 30, 2014
Residential Construction [Member]
Dec. 31, 2013
Residential Construction [Member]
Sep. 30, 2014
Land Construction [Member]
Dec. 31, 2013
Land Construction [Member]
Sep. 30, 2014
Residential Mortgage [Member]
Sep. 30, 2013
Residential Mortgage [Member]
Sep. 30, 2014
Non Accrual [Member]
Troubled Debt Restructurings [Member]
Dec. 31, 2013
Non Accrual [Member]
Commercial Construction [Member]
Sep. 30, 2014
Non Accrual [Member]
Residential Construction [Member]
Dec. 31, 2013
Non Accrual [Member]
Residential Construction [Member]
Sep. 30, 2014
Non Accrual [Member]
Land Construction [Member]
Dec. 31, 2013
Non Accrual [Member]
Land Construction [Member]
Sep. 30, 2014
Troubled Debt Restructurings [Member]
Dec. 31, 2013
Troubled Debt Restructurings [Member]
Dec. 31, 2013
Troubled Debt Restructurings [Member]
Non Accrual [Member]
Mar. 31, 2013
Non Fha Va Residential Mortgage Loans [Member]
Sep. 30, 2014
Non Fha Va Residential Mortgage Loans [Member]
Dec. 31, 2013
Non Fha Va Residential Mortgage Loans [Member]
Sep. 30, 2014
Non Fha Va Residential Mortgage Loans [Member]
Non Accrual [Member]
Dec. 31, 2013
Non Fha Va Residential Mortgage Loans [Member]
Non Accrual [Member]
Sep. 30, 2014
Commercial And Industrial Loan [Member]
Mar. 31, 2013
Commercial And Industrial Loan [Member]
Sep. 30, 2014
Commercial And Industrial Loan [Member]
Dec. 31, 2013
Commercial And Industrial Loan [Member]
Sep. 30, 2014
Commercial And Industrial Loan [Member]
Non Accrual [Member]
Dec. 31, 2013
Commercial And Industrial Loan [Member]
Non Accrual [Member]
Sep. 30, 2014
Commercial Mortgage Loans [Member]
Jun. 30, 2013
Commercial Mortgage Loans [Member]
Mar. 31, 2013
Commercial Mortgage Loans [Member]
Sep. 30, 2014
Commercial Mortgage Loans [Member]
Dec. 31, 2013
Commercial Mortgage Loans [Member]
Sep. 30, 2014
Commercial Mortgage Loans [Member]
Non Accrual [Member]
Dec. 31, 2013
Commercial Mortgage Loans [Member]
Non Accrual [Member]
Mar. 31, 2013
Construction Loans [Member]
Sep. 30, 2014
Construction Loans [Member]
Sep. 30, 2013
Construction Loans [Member]
Sep. 30, 2014
Consumer Loan [Member]
Sep. 30, 2013
Consumer Loan [Member]
Sep. 30, 2014
Commercial Construction [Member]
Sep. 30, 2014
Commercial Construction [Member]
Sep. 30, 2014
Residential Construction [Member]
Sep. 30, 2014
Residential Construction [Member]
Sep. 30, 2014
Land Construction [Member]
Sep. 30, 2014
Land Construction [Member]
Dec. 31, 2013
Other Real Estate Owned [Member]
Sep. 30, 2014
P R
Dec. 31, 2013
P R
Sep. 30, 2014
V I
Dec. 31, 2013
V I
Sep. 30, 2014
U S
Accounts Notes And Loans Receivable [Line Items]                                                                                                                                                                    
Interest Income Impaired Loans           $ 8,800,000     $ 23,600,000                                                                                                                                                  
Interest Income on Impaired Loans Accrual Basis       7,571,000   7,400,000   19,321,000 19,300,000                                                                                       1,897,000   3,033,000       676,000     2,238,000                 0 0 42,000 125,000 21,000 60,000            
Purchased credit impaired loans, fair value   15,700,000                                                                                                                                                                
Contractually outstanding principal and interest at acquisition   34,600,000   137,500,000       137,500,000   22,700,000                                                                                                                                                
Financing Receivable Significant Purchases                                                                                                 115,100,000                                                                  
Financing Receivable Significant Sales                                     100,900,000                                                                                                                              
Securitization of mortgage loans into mortgage backed securities               144,600,000                                                                                                                                                    
Total gross loans held for investment portfolio       9,315,402,000   9,508,634,000   9,315,402,000 9,508,634,000 9,636,170,000       200,400,000                                             2,819,648,000 2,519,457,000                                                         141,689,000 163,610,000 2,026,587,000 2,059,426,000                        
Credit risk concentration                                                                                                                                                           83.00%   7.00%   10.00%
Outstanding of credit facilities granted                     201,400,000 90,100,000 24,800,000   75,000,000                                                                                                                             316,300,000 397,800,000 40,800,000 60,600,000  
Loans to local financial institutions collateralized by real estate mortgages       0 [1]       0 [1]   240,072,000 [1]                                                                                                                                                
Total TDR loans       701,143,000 [2] 628,233,000     701,143,000 [2]   630,258,000 [3]                 72,400,000 11,200,000   216,060,000 [4],[5] 204,875,000 [6],[7] 59,764,000 90,914,000 348,446,000 337,244,000 174,297,000 91,951,000 134,934,000 153,576,000 3,924,000 9,960,000 10,894,000 3,267,000 5,325,000       3,924,000 [6],[7] 6,589,000 [4],[5] 7,562,000 [6],[7] 2,295,000 [4],[5] 4,325,000 [6],[7]         348,446,000 337,243,000 88,697,000 [4],[5] 73,324,000 [6],[7] 174,297,000   174,297,000 91,950,000 47,119,000 [4],[5] 38,441,000 [6],[7] 134,934,000     134,934,000 153,575,000 62,333,000 [4],[5] 69,156,000 [6],[7]   13,200,000   30,200,000                          
Outstanding unfunded commitments on TDR loans       200,000       200,000                                                                                                                                                    
Financing receivable loans restructured recorded investment accruals                                               53,500,000                                                                                                                    
Loans repurchased                               6,400,000 1,600,000                                                                                                                                  
Classified and non-performing loans sold             211,400,000                           185,000,000                                                     1,200,000           100,100,000           40,800,000 68,800,000         41,300,000                                
Loans transferred to held for sale                                                                                                                                                         39,200,000          
Other real estate owned sold             6,300,000                     19,200,000                                                                                                                                
Sale price of bulk sale             120,200,000                     128,300,000                                                                                                                                
Reserves allocated to bulk sale             39,900,000                     30,100,000                                                                                                                                
Total charge-offs bulk sale             98,500,000                     98,000,000                                                                                                                                
Incremental losses             58,900,000                     69,800,000                                                                                                                                
Porfessional fees             3,900,000                     3,100,000                                                                                                                                
Charge-offs of loans transferred to loans held for sale             36,000,000                                                                                                                                                      
Additional losses loans transferred to loans held for sale             5,200,000                                                                                                                                                      
Subsequent Losses Repurchase Of Loans               700,000                                                                                                                                                    
Book value of loans transferred to held for sale             181,600,000                                                               45,700,000               45,900,000                                                                      
Residential mortgage loans sold                                   203,800,000                                                                                                                                
Pre-tax loss             62,800,000                     72,900,000                                                                                                                                
Repayment of construction loans held for sale           6,400,000                                                                                                                                                        
Line of credit facility provided to fund unfunded commitments                     364,300,000                                                                                                                                              
Loans held for sale       80,014,000       80,014,000   75,969,000                                                                     45,700,000 45,900,000                                                                        
Servicing Assets Compesatory Fees               500,000                                                                                                                                                    
Doral Purchase Unpaid Principal Balance 192,600,000   241,700,000                                                                                                                                                              
Doral Purchase Price 192,700,000   232,900,000                                                                                                                                                              
Doral Purchase Fair Value     226,000,000                                                                                                                                                              
Loss On Acquired Portfolio     6,900,000                                                                                                                                                              
Doral Purchase Loss On Allowance         5,500,000                                                                                                                                                          
Provision Charge On Doral Purchase         1,400,000                                                                                                                                                          
Professional Service Fee On Doral Purchase       700,000 600,000                                                                                                                                                          
Sop Unpaid Principal Balance     119,200,000                                                                                                                                                              
Non Sop Unpaid Principal Balance     122,500,000                                                                                                                                                              
Non Sop Fair Value     123,200,000                                                                                                                                                              
Payment To Acquire Credit Card Portfolio   406,000,000                                                                                                                                                                
Fair Value Of Credit Card Portfolio Acquired   368,900,000                                                                                                                                                                
Proceeds From Sale Of Loans Held For Investment               $ 31,558,000 $ 309,024,000                                                                                                   $ 15,000,000                                              
[1] 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.
[2]  Excludes TDRs held for sale amounting to $45.7 million as of September 30, 2014
[3]  Excludes TDRs held for sale amounting to $45.9 million as of December 31, 2013.
[4] Included in non-accrual loans are $65.8 million in loans that are performing under the terms of the restructuring agreement but are reported in non-accrual status until the restructured loans meet the criteria of sustained payment performance under the revised terms for reinstatement to accrual status and there is no doubt about full collectability.
[5] Excludes non-accrual TDRs held for sale with a carrying value of $45.7 million as of September 30, 2014.
[6] Included in non-accrual loans are $95.7 million in loans that are performing under the terms of the restructuring agreement but are reported in non-accrual status until the restructured loans meet the criteria of sustained payment performance under the revised terms for reinstatement to accrual status and there is no doubt about full collectability.
[7] Excludes non-accrual TDRs held for sale with a carrying value of $45.9 million as of December 31, 2013.