CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities:
Net income		$ 69,371,000	$ 6,330,000
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization		13,359,000	15,923,000
Amortization and impairment of intangible assets		3,669,000	3,817,000
Provision for loan and lease losses		63,542,000	138,412,000
Deferred income tax expense (benefit)		19,153,000	(102,000)
Stock-based compensation		5,132,000	4,535,000
Gain on sales of investments		(6,104,000)	0
Gain on early extinguishment of debt		(4,217,000)	0
Other-than-temporary impairments on debt securities	[1]	6,687,000	13,484,000
Unrealized loss (gain) on derivative instruments		19,000	(47,000)
Net gain on disposition of premises and equipment and other assets		(686,000)	(137,000)
Net gain on sales of loans		(7,794,000)	(5,312,000)
Net amortization/accretion of premiums, discounts and deferred loan fees and costs		(6,629,000)	(4,244,000)
Originations and purchases of loans held for sale		(354,006,000)	(323,565,000)
Sales and repayments of loans held for sale		355,636,000	329,635,000
Amortization of broker placement fees		2,300,000	3,564,000
Net amortization/accretion of premium and discounts on investment securities		4,503,000	6,431,000
Decrease in accrued interest receivable		7,258,000	3,894,000
(Decrease) increase in accrued interest payable		(27,865,000)	3,297,000
(Increase) decrease in other assets		(10,275,000)	8,478,000
(Decrease) increase in other liabilities		(13,944,000)	8,175,000
Bargain purchase gain		0	(13,443,000)
Net cash provided by operating activities		119,109,000	199,125,000
Cash flows from investing activities:
Principal collected on loans		2,174,933,000	2,223,880,000
Loans originated and purchased		(2,085,444,000)	(2,180,333,000)
Proceeds from sale of loans held for investment		20,186,000	107,702,000
Proceeds from sale of repossessed assets		43,093,000	48,195,000
Proceeds from sale of available-for-sale securities		219,780,000	0
Purchases of available-for-sale securities		(420,513,000)	(161,366,000)
Purchases of securities held to maturity		0	4,530,000
Proceeds from principal repayments and maturities of available-for-sale securities		270,345,000	212,972,000
Proceeds from principal repayments and maturities of held-to-maturity securities		5,293,000	5,068,000
Additions to premises and equipment		(8,239,000)	(9,594,000)
Proceeds from sale of premises and equipment and other assets		2,265,000	2,511,000
Net cash received from acquisition		0	217,659,000
Net cash outflows from purchase/sale of insurance contracts		(960,000)	0
Net redemptions (purchases) of other equity securities		(3,452,000)	567,000
Net cash provided by investing activities		224,191,000	461,597,000
Cash flows from financing activities:
Net decrease in deposits		(358,930,000)	(294,126,000)
Repayment of FHLB advances		(100,000,000)	0
Repurchase of outstanding common stock		(860,000)	(967,000)
Change in securities sold under agreements to repurchase		(100,000,000)	(200,000,000)
Repayment of junior subordinated debentures		(7,025,000)	0
Net cash used in financing activities		(566,815,000)	(495,093,000)
Net (decrease) increase in cash and cash equivalents		(223,515,000)	165,629,000
Cash and cash equivalents at beginning of period		752,458,000	796,108,000
Cash and cash equivalents at end of period		528,943,000	961,737,000
Cash and cash equivalents include:
Cash and Cash Equivalents, at Carrying Value, Total		$ 752,458,000	$ 796,108,000

[1] For the nine-month periods ended September 30, 2016 and 2015, approximately $6.3 million and $12.9 million, respectively, of the credit impairment recognized in earnings consisted of credit losses on Puerto Rico Government debt securities and $0.4 million and $0.6 million, respectively, was associated with credit losses on private label MBS.