SUPPLEMENTAL CASH FLOW INFORMATION

9 Months Ended

Sep. 30, 2016

SUPPLEMENTAL CASH FLOW INFORMATION

NOTE 22 – SUPPLEMENTAL CASH FLOW INFORMATION

Supplemental cash flow information is as follows:

	Nine-Month Period Ended September 30, 2016
	2016		2015
	(In thousands)
Cash paid for:
Interest on borrowings	$	104,031	$	70,016
Income tax		1,878		3,404
Non-cash investing and financing activities:
Additions to other real estate owned		37,606		44,415
Additions to auto and other repossessed assets		42,934		57,901
Capitalization of servicing assets		3,878		3,789
Loan securitizations		238,599		213,391
Loans held for investment transferred to held for sale		10,332		-
Loans held for sale transferred to held for investment		1,321		-
Trust preferred securities exchanged for new common stock issued:
Trust preferred securities exchanged		-		5,303
New common stock issued		-		5,628
Fair value of assets acquired (liabilities assumed) in the Doral Bank transaction:
Loans		-		311,410
Premises and equipment, net		-		5,450
Core Deposit intangible		-		5,820
Deposits		-		(523,517)