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SUPPLEMENTAL CASH FLOW INFORMATION
 12 Months Ended
Dec. 31, 2014
SUPPLEMENTAL CASH FLOW INFORMATION [Text Block]

NOTE 27 – SUPPLEMENTAL CASH FLOW INFORMATION

 

Supplemental cash flow information is as follows:

 

  Year Ended December 31,
  2014 2013 2012
  (In thousands)
          
Cash paid for:        
 Interest on borrowings$ 102,402 $ 119,312 $ 164,364
 Income tax  7,751   4,447   8,603
Non-cash investing and financing activities:        
 Additions to other real estate owned  48,601   104,144   169,432
 Additions to auto and other repossessed assets  92,266   69,069   48,910
 Capitalization of servicing assets  4,321   7,649   6,348
 Loan securitizations  198,712   355,506   239,766
 Loans held for investment transferred to held for sale  -   181,620   2,641
 Property plant and equipment transferred to other assets  -   2,225   -
 Preferred stock exchanged for new common stock issued:        
  Preferred stock exchanged (Series A through E)  26,022   -   -
  New common stock issued  24,363   -   -
Loans sold to CPG/GS in exchange for an acquisition loan and an         
Reclassification of held-to-maturity investment securities to