LOAN PORTFOLIO (Tables)

12 Months Ended

Dec. 31, 2018

Accounts, Notes, Loans and Financing Receivable [Line Items]

Loan Portfolio Held for Investment [Table Text Block]

The following provides information about the loan portfolio held for investment:

		As of December 31,		As ofDecember 31,
		2018		2017
(In thousands)
Residential mortgage loans, mainly secured by first mortgages		$	3,163,208	$	3,290,957
Commercial loans:
Construction loans (1)			79,429		111,397
Commercial mortgage loans (1)			1,522,662		1,614,972
Commercial and Industrial loans (1)(2)			2,148,111		2,083,253
Total commercial loans			3,750,202		3,809,622
Finance leases			333,536		257,462
Consumer loans			1,611,177		1,492,435
Loans held for investment			8,858,123		8,850,476
Allowance for loan and lease losses			(196,362)		(231,843)
Loans held for investment, net		$	8,661,761	$	8,618,633
(1)	During the first and third quarters of 2018, the Corporation transferred $74.4 million (net of fair value write-downs of $22.2 million recorded at the time of transfers) in nonaccrual loans to held for sale. Loans transferred to held for sale consisted of nonaccrual commercial mortgage loans totaling $39.6 million (net of fair value write-downs of $13.8 million), nonaccrual construction loans totaling $33.0 million (net of fair value write-downs of $6.7 million) and nonaccrual commercial and industrial loans totaling $1.8 million (net of fair value write-downs of $1.7 million). Approximately $27.2 million of the commercial mortgage loans transferred to loans held for sale and $30.0 million of the construction loans transferred to loans held for sale were eventually sold during the second, third, and fourth quarters of 2018.
(2)	As of December 31, 2018 and 2017, $796.8 million and $833.5 million, respectively, of commercial loans were secured by real estate but are not dependent upon the real estate for repayment.

Loans Held for Investment on Which Accrual of Interest Income had been Discontinued [Table Text Block]

Loans held for investment on which accrual of interest income had been discontinued were as follows:
		As of		As of
		December 31,		December 31,
		2018		2017
(In thousands)
Nonaccrual loans:
Residential mortgage		$	147,287	$	178,291
Commercial mortgage (1)			109,536		156,493
Commercial and Industrial (1)			30,382		85,839
Construction:
Land (1)			6,260		15,026
Construction-commercial (1)			-		35,100
Construction-residential			2,102		1,987
Consumer:
Auto loans			11,212		10,211
Finance leases			1,329		1,237
Other consumer loans			7,865		5,370
Total nonaccrual loans held for investment (2)(3)(4)		$	315,973	$	489,554
________________
(1)	During the first and third quarters 2018, the Corporation transferred $74.4 million (net of fair value write-downs of $22.2 million recorded at the time of transfers) in nonaccrual loans to held for sale. Loans transferred to held for sale consisted of nonaccrual commercial mortgage loans totaling $39.6 million (net of fair value write-downs of $13.8 million), nonaccrual construction loans totaling $33.0 million (net of fair value write-downs of $6.7 million) and nonaccrual commercial and industrial loans totaling $1.8 million (net of fair value write-downs of $1.7 million). Approximately $27.2 million of the commercial mortgage loans transferred to loans held for sale and $30.0 million of the construction loans transferred to loans held for sale were eventually sold during the second, third and fourth quarters of 2018.
(2)	Excludes $16.1 million and $8.3 million of nonaccrual loans held for sale as of December 31, 2018 and December 31, 2017, respectively.
(3)	Amount excludes PCI loans with a carrying value of approximately $146.6 million and $158.2 million as of December 31, 2018 and 2017, respectively, primarily mortgage loans acquired from Doral Bank in the first quarter of 2015 and from Doral Financial in the second quarter of 2014, as further discussed below. These loans are not considered nonaccrual due to the application of the accretion method, under which these loans will accrete interest income over the remaining life of the loans using an estimated cash flow analysis.
(4)	Nonaccrual loans exclude $478.9 million and $374.7 million of TDR loans that are in compliance with the modified terms and in accrual status as of December 31, 2018 and 2017, respectively.

Corporation's Aging of Loans Held for Investment Portfolio [Table Text Block]

The Corporation’s aging of the loans held for investment portfolio is as follows:
	As of December 31, 2018	30-59 Days Past Due		60-89 Days Past Due		90 days or more Past Due(1)(2)(3)		Total Past Due		Purchased Credit-Impaired Loans		Current		Total loans held for investment		90 days past due and still accruing(1)(2)(3)
(In thousands)
Residential mortgage:
FHA/VA government-guaranteed
loans (2) (3) (4)		$	-	$	4,183	$	104,751	$	108,934	$	-	$	38,271	$	147,205	$	104,751
Other residential mortgage loans (2) (4)			-		62,077		161,851		223,928		143,176		2,648,899		3,016,003		14,564
Commercial:
Commercial and Industrial loans			2,550		66		35,385		38,001		-		2,110,110		2,148,111		5,003
Commercial mortgage loans (4)			-		1,038		110,482		111,520		3,464		1,407,678		1,522,662		946
Construction:
Land (4)			-		207		6,327		6,534		-		13,779		20,313		67
Construction-commercial (4)			-		-		-		-		-		47,965		47,965		-
Construction-residential (4)			-		-		2,102		2,102		-		9,049		11,151		-
Consumer:
Auto loans			31,070		7,103		11,212		49,385		-		897,091		946,476		-
Finance leases			5,502		1,362		1,329		8,193		-		325,343		333,536		-
Other consumer loans			9,898		4,542		11,617		26,057		-		638,644		664,701		3,752
Total loans held for investment		$	49,020	$	80,578	$	445,056	$	574,654	$	146,640	$	8,136,829	$	8,858,123	$	129,083
(1)	Includes nonaccrual loans and accruing loans that were contractually delinquent 90 days or more (i.e., FHA/VA guaranteed loans and credit cards). Credit card loans continue to accrue finance charges and fees until charged-off at 180 days.
(2)	It is the Corporation's policy to report delinquent residential mortgage loans insured by the FHA, guaranteed by the VA, and other government-insured loans as past-due loans 90 days and still accruing as opposed to nonaccrual loans since the principal repayment is insured. These balances include $51.4 million of residential mortgage loans insured by the FHA and guaranteed by the VA that were over 15 months delinquent, and were no longer accruing interest as of December 31, 2018, taking into consideration the FHA interest curtailment process.
(3)	As of December 31, 2018, includes $43.6 million of defaulted loans collateralizing GNMA securities for which the Corporation has an unconditional option (but not an obligation) to repurchase the defaulted loans.
(4)	According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C) required by the Federal Reserve Board, residential mortgage, commercial mortgage, and construction loans are considered past due when the borrower is in arrears on two or more monthly payments. FHA/VA government-guaranteed loans, other residential mortgage loans, commercial mortgage loans, and land loans past due 30-59 days as of December 31, 2018 amounted to $5.6 million, $101.4 million, $5.1 million, and $0.2 million, respectively.

	As of December 31, 2017	30-59 Days Past Due		60-89 Days Past Due		90 days or more Past Due(1)(2)(3)		Total Past Due			Purchased Credit-Impaired Loans	Current		Total loans held for investment		90 days past due and still accruing (1)(2)(3)
(In thousands)
Residential mortgage:
FHA/VA government-guaranteed
loans (2) (3) (4)		$	-	$	6,792	$	102,815	$	109,607	$	-	$	29,332	$	138,939	$	102,815
Other residential mortgage loans (2) (4)			-		92,502		193,750		286,252		153,991		2,711,775		3,152,018		15,459
Commercial:
Commercial and Industrial loans			8,971		576		88,156		97,703		-		1,985,550		2,083,253		2,317
Commercial mortgage loans (4)			-		7,525		163,180		170,705		4,183		1,440,084		1,614,972		6,687
Construction:
Land (4)			-		124		15,177		15,301		-		11,630		26,931		151
Construction-commercial (4)			-		-		35,100		35,100		-		41,456		76,556		-
Construction-residential (4)			-		95		1,987		2,082		-		5,828		7,910		-
Consumer:
Auto loans			57,560		23,783		10,211		91,554		-		752,777		844,331		-
Finance leases			10,549		3,484		1,237		15,270		-		242,192		257,462		-
Other consumer loans			10,776		5,052		9,361		25,189		-		622,915		648,104		3,991
Total loans held for investment		$	87,856	$	139,933	$	620,974	$	848,763	$	158,174	$	7,843,539	$	8,850,476	$	131,420
(1)	Includes nonaccrual loans and accruing loans that were contractually delinquent 90 days or more (i.e., FHA/VA guaranteed loans and credit cards). Credit card loans continue to accrue finance charges and fees until charged-off at 180 days.
(2)	It is the Corporation's policy to report delinquent residential mortgage loans insured by the FHA, guaranteed by the VA, and other government-insured loans as past-due loans 90 days and still accruing as opposed to nonaccrual loans since the principal repayment is insured. These balances include $29.9 million of residential mortgage loans insured by the FHA and guaranteed by the VA that were over 15 months delinquent, and were no longer accruing interest as of December 31, 2017, taking into consideration the FHA interest curtailment process.
(3)	As of December 31, 2017, includes $62.1 million of defaulted loans collateralizing GNMA securities for which the Corporation has an unconditional option (but not an obligation) to repurchase the defaulted loans.
(4)	According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C) required by the Federal Reserve Board, residential mortgage, commercial mortgage, and construction loans are considered past due when the borrower is in arrears on two or more monthly payments. FHA/VA government-guaranteed loans, other residential mortgage loans, commercial mortgage loans, and land loans past due 30-59 days as of December 31, 2017 amounted to $6.0 million, $224.0 million, $9.0 million, and $2.5 million, respectively.

Corporation's Credit Quality Indicators by Loan [Table Text Block]

	The Corporation’s commercial and construction loans credit quality indicators as of December 31, 2018 and 2017 are summarized below:
		Commercial Credit Exposure-Credit Risk Profile Based on Creditworthiness Category:
		Substandard		Doubtful		Loss		Total Adversely Classified (1)		Total Portfolio
	December 31, 2018
	(In thousands)
	Commercial mortgage	$	276,935	$	1,701	$	-	$	278,636	$	1,522,662
	Construction:
	Land		7,407		-		-		7,407		20,313
	Construction-commercial		-		-		-		-		47,965
	Construction-residential		2,102		-		-		2,102		11,151
	Commercial and Industrial		45,274		6,114		396		51,784		2,148,111
		Commercial Credit Exposure-Credit Risk Profile Based on Creditworthiness Category:
		Substandard		Doubtful		Loss		Total Adversely Classified(1)		Total Portfolio
	December 31, 2017
	(In thousands)
	Commercial mortgage	$	257,503	$	4,166	$	-	$	261,669	$	1,614,972
	Construction:
	Land		15,971		490		-		16,461		26,931
	Construction-commercial		35,100		-		-		35,100		76,556
	Construction-residential		1,987		-		-		1,987		7,910
	Commercial and Industrial		154,416		3,854		676		158,946		2,083,253
(1)	Excludes nonaccrual loans held for sale of $16.1 million ($11.4 million commercial mortgage, $3.0 million construction-commercial, and $1.7 million commercial and industrial) and $8.3 million (construction-land) as of December 31, 2018 and December 31, 2017, respectively.

The Corporation’s consumer and residential loans credit quality indicators as of December 31, 2018 and 2017 are summarized below:

	December 31, 2018	Consumer Credit Exposure-Credit Risk Profile Based on Payment Activity
		Residential Real-Estate				Consumer
		FHA/VA/ Guaranteed(1)		Other residential loans		Auto		Finance Leases		Other Consumer
	(In thousands)
	Performing	$	147,205	$	2,725,540	$	935,264	$	332,207	$	656,836
	Purchased Credit-Impaired (2)		-		143,176		-		-		-
	Nonaccrual		-		147,287		11,212		1,329		7,865
	Total	$	147,205	$	3,016,003	$	946,476	$	333,536	$	664,701
(1)	It is the Corporation's policy to report delinquent residential mortgage loans insured by the FHA, guaranteed by the VA, and other government-insured loans as 90 days past-due loans and still accruing as opposed to nonaccrual loans since the principal repayment is insured. This balance includes $51.4 million of residential mortgage loans insured by the FHA that were over 15 months delinquent, and were no longer accruing interest as of December 31, 2018, taking into consideration the FHA interest curtailment process.
(2)	PCI loans are excluded from nonaccrual statistics due to the application of the accretion method, under which these loans will accrete interest income over the remaining life of the loans using estimated cash flow analyses.
	December 31, 2017	Consumer Credit Exposure-Credit Risk Profile Based on Payment Activity
			Residential Real-Estate			Consumer
		FHA/VA/ Guaranteed(1)		Other residential loans		Auto		Finance Leases		Other Consumer
	(In thousands)
	Performing	$	138,939	$	2,819,736	$	834,120	$	256,225	$	642,734
	Purchased Credit-Impaired (2)		-		153,991		-		-		-
	Nonaccrual		-		178,291		10,211		1,237		5,370
	Total	$	138,939	$	3,152,018	$	844,331	$	257,462	$	648,104
(1)	It is the Corporation's policy to report delinquent residential mortgage loans insured by the FHA, guaranteed by the VA, and other government-insured loans as 90 days past-due loans and still accruing as opposed to nonaccrual loans since the principal repayment is insured. This balance includes $29.9 million of residential mortgage loans insured by the FHA that were over 15 months delinquent, and were no longer accruing interest as of December 31, 2017, taking into consideration the FHA interest curtailment process.
(2)	PCI loans are excluded from nonaccrual statistics due to the application of the accretion method, under which these loans will accrete interest income over the remaining life of the loans using estimated cash flow analyses.

Impaired Loans [Table Text Block]

The following tables present information about impaired loans held for investment, excluding PCI loans, which are reported separately, as discussed below:

Impaired Loans
							Impaired Loans
		Impaired Loans - With a Related Specific Allowance					With No Related Specific Allowance				Impaired Loans Total
	Recorded Investment (1)		Unpaid Principal Balance		Related Specific Allowance		Recorded Investment (1)		Unpaid Principal Balance		Recorded Investment (1)		Unpaid Principal Balance		Related Specific Allowance
(In thousands)
As of December 31, 2018
FHA/VA-Guaranteed loans	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Other residential mortgage loans		293,494		325,897		19,965		110,238		148,920		403,732		474,817		19,965
Commercial:
Commercial mortgage loans		184,068		201,116		17,684		43,358		49,253		227,426		250,369		17,684
Commercial and Industrial loans		61,162		76,027		9,693		30,030		48,085		91,192		124,112		9,693
Construction:
Land		2,444		2,923		552		2,431		2,927		4,875		5,850		552
Construction-commercial		-		-		-		-		-		-		-		-
Construction-residential		1,718		2,370		208		-		-		1,718		2,370		208
Consumer:
Auto loans		17,781		17,781		3,689		250		250		18,031		18,031		3,689
Finance leases		1,914		1,914		102		22		22		1,936		1,936		102
Other consumer loans		9,291		10,066		2,083		2,068		2,750		11,359		12,816		2,083
	$	571,872	$	638,094	$	53,976	$	188,397	$	252,207	$	760,269	$	890,301	$	53,976
(1) Excluding accrued interest receivable.

							Impaired Loans
		Impaired Loans - With a Related Specific Allowance					With No Related Specific Allowance				Impaired Loans Total
	Recorded Investment (1)		Unpaid Principal Balance		Related Specific Allowance		Recorded Investment (1)		Unpaid Principal Balance		Recorded Investment (1)		Unpaid Principal Balance		Related Specific Allowance
(In thousands)
As of December 31, 2017
FHA/VA-Guaranteed loans	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Other residential mortgage loans		316,616		349,284		22,086		116,818		154,048		433,434		503,332		22,086
Commercial:
Commercial mortgage loans		87,814		124,084		9,783		65,100		100,612		152,914		224,696		9,783
Commercial and Industrial loans		90,008		112,005		12,359		28,292		31,254		118,300		143,259		12,359
Construction:
Land		11,865		19,973		1,402		48		49		11,913		20,022		1,402
Construction-commercial		35,101		38,595		560		-		-		35,101		38,595		560
Construction-residential		252		355		55		-		-		252		355		55
Consumer:
Auto loans		22,338		22,338		3,665		267		267		22,605		22,605		3,665
Finance leases		2,184		2,184		104		-		-		2,184		2,184		104
Other consumer loans		11,084		11,830		1,396		2,521		3,688		13,605		15,518		1,396
	$	577,262	$	680,648	$	51,410	$	213,046	$	289,918	$	790,308	$	970,566	$	51,410
(1) Excluding accrued interest receivable.

	Average Recorded Investment (1)		Interest Income on Accrual Basis		Interest Income on Cash Basis		Total Interest Income
(In thousands)
Year Ended December 31, 2018
FHA/VA-Guaranteed loans	$	-	$	-	$	-	$	-
Other residential mortgage loans		411,730		18,131		1,376		19,507
Commercial:
Commercial mortgage loans		233,372		4,434		2,135		6,569
Commercial and Industrial loans		99,050		2,530		9		2,539
Construction:
Land		5,025		93		26		119
Construction-commercial		-		-		-		-
Construction-residential		1,724		-		-		-
Consumer:
Auto loans		20,156		1,449		-		1,449
Finance leases		2,197		145		-		145
Other consumer loans		12,177		913		164		1,077
	$	785,431	$	27,695	$	3,710	$	31,405
(1) Excluding accrued interest receivable.

	Average Recorded Investment (1)		Interest Income on Accrual Basis		Interest Income on Cash Basis		Total Interest Income
(In thousands)
Year Ended December 31, 2017
FHA/VA-Guaranteed loans	$	-	$	-	$	-	$	-
Other residential mortgage loans		438,847		17,316		2,478		19,794
Commercial:
Commercial mortgage loans		180,283		1,983		390		2,373
Commercial and Industrial loans		121,233		1,447		403		1,850
Construction:
Land		14,174		372		38		410
Construction-commercial		35,996		-		-		-
Construction-residential		252		-		-		-
Consumer:
Auto loans		24,618		1,781		-		1,781
Finance leases		2,428		168		-		168
Other consumer loans		14,324		1,176		144		1,320
	$	832,155	$	24,243	$	3,453	$	27,696
(1) Excluding accrued interest receivable.

	Average Recorded Investment (1)		Interest Income on Accrual Basis		Interest Income on Cash Basis		Total Interest Income
(In thousands)
Year Ended December 31, 2016
FHA/VA-Guaranteed loans	$	-	$	-	$	-	$	-
Other residential mortgage loans		451,276		18,492		2,234		20,726
Commercial:
Commercial mortgage loans		203,322		1,403		723		2,126
Commercial and Industrial loans		166,362		631		1,287		1,918
Construction:
Land		15,801		170		51		221
Construction-commercial		38,191		-		-		-
Construction-residential		1,348		-		-		-
Consumer:
Auto loans		27,177		1,820		-		1,820
Finance leases		2,846		203		-		203
Other consumer loans		18,018		1,376		154		1,530
	$	924,341	$	24,095	$	4,449	$	28,544
(1) Excluding accrued interest receivable.

	The following table show the activity for impaired loans for 2018, 2017 and 2016:
		2018		2017		2016
(In thousands)
Impaired Loans:
Balance at beginning of year		$	790,308	$	887,905	$	806,509
Loans determined impaired during the year			250,524		140,977		288,202
Charge-offs (1)			(57,152)		(82,113)		(67,210)
Loans sold, net of charge-offs			(4,121)		(53,245)		(8,675)
Increases to existing impaired loans			7,335		8,292		3,236
Foreclosures			(36,453)		(37,513)		(36,161)
Loans no longer considered impaired			(5,417)		(3,526)		(27,643)
Loans transferred to held for sale			(74,052)		-		-
Paid in full, partial payments and other			(110,703)		(70,469)		(70,353)
Balance at end of year		$	760,269	$	790,308	$	887,905
(1)	For the year ended December 31, 2018, includes charge-offs totaling $22.2 million associated with the $74.4 million in nonaccrual loans transferred to held for sale. For the year ended December 31, 2017, includes a charge-off of $10.7 million related to the sale of the PREPA credit line and, for the year ended December 31, 2016, includes $4.2 million of charge-offs related to impaired loans included in a sale of a $16.3 million pool of non-performing assets.

Accretable Yield [Table Text Block]

Changes in the accretable yield of PCI loans for the years ended December 31, 2018, 2017 and 2016 were as follows:
	December 31, 2018		December 31, 2017		December 31, 2016
(In thousands)
Balance at beginning of year	$	103,682	$	116,462	$	118,385
Accretion recognized in earnings		(10,189)		(10,810)		(11,533)
Reclassification (to) from non-accretable		-		(1,970)		9,610
Balance at end of period	$	93,493	$	103,682	$	116,462

Changes In Carrying Amount Of Purchased Credit Impaired Loans Table [Text Block]

Changes in the carrying amount of PCI loans accounted for pursuant to ASC Topic 310-30 were as follows:
	Year ended		Year ended
	December 31, 2018		December 31, 2017
(In thousands)
Balance at beginning of year	$	158,174	$	165,818
Accretion		10,189		10,810
Collections		(16,749)		(15,400)
Foreclosures		(4,974)		(3,054)
Ending balance	$	146,640	$	158,174
Allowance for loan losses		(11,354)		(11,251)
Ending balance, net of allowance for loan losses	$	135,286	$	146,923

Changes in Allowance for Loan and Lease Losses [Table Text Block]

The changes in the allowance for loan and lease losses were as follows:
	Residential		Commercial		Commercial and		Construction		Consumer
Year Ended December 31, 2018	Mortgage Loans		Mortgage Loans		Industrial Loans		Loans		Loans		Total
(In thousands)
Allowance for loan and lease losses:
Beginning balance	$	58,975	$	48,493	$	48,871	$	4,522	$	70,982	$	231,843
Charge-offs		(24,775)		(23,911)		(9,704)		(8,296)		(50,106)		(116,792)
Recoveries		3,392		7,925		1,819		334		8,588		22,058
Provision (release)		13,202		23,074		(8,440)		7,032		24,385		59,253
Ending balance	$	50,794	$	55,581	$	32,546	$	3,592	$	53,849	$	196,362
Ending balance: specific reserve for impaired loans	$	19,965	$	17,684	$	9,693	$	760	$	5,874	$	53,976
Ending balance: purchased credit-impaired loans (1)	$	10,954	$	400	$	-	$	-	$	-	$	11,354
Ending balance: general allowance	$	19,875	$	37,497	$	22,853	$	2,832	$	47,975	$	131,032
Loans held for investment:
Ending balance	$	3,163,208	$	1,522,662	$	2,148,111	$	79,429	$	1,944,713	$	8,858,123
Ending balance: impaired loans	$	403,732	$	227,426	$	91,192	$	6,593	$	31,326	$	760,269
Ending balance: purchased credit-impaired loans	$	143,176	$	3,464	$	-	$	-	$	-	$	146,640
Ending balance: loans with general allowance	$	2,616,300	$	1,291,772	$	2,056,919	$	72,836	$	1,913,387	$	7,951,214

	Residential		Commercial		Commercial and		Construction		Consumer
Year Ended December 31, 2017	Mortgage Loans		Mortgage Loans		Industrial Loans		Loans		Loans		Total
(In thousands)
Allowance for loan and lease losses:
Beginning balance	$	33,980	$	57,261	$	61,953	$	2,562	$	49,847	$	205,603
Charge-offs		(28,186)		(39,092)		(19,855)		(3,607)		(44,030)		(134,770)
Recoveries		2,437		270		5,755		732		7,562		16,756
Provision		50,744		30,054		1,018		4,835		57,603		144,254
Ending balance	$	58,975	$	48,493	$	48,871	$	4,522	$	70,982	$	231,843
Ending balance: specific reserve for impaired loans	$	22,086	$	9,783	$	12,359	$	2,017	$	5,165	$	51,410
Ending balance: purchased credit-impaired loans (1)	$	10,873	$	378	$	-	$	-	$	-	$	11,251
Ending balance: general allowance	$	26,016	$	38,332	$	36,512	$	2,505	$	65,817	$	169,182
Loans held for investment:
Ending balance	$	3,290,957	$	1,614,972	$	2,083,253	$	111,397	$	1,749,897	$	8,850,476
Ending balance: impaired loans	$	433,434	$	152,914	$	118,300	$	47,266	$	38,394	$	790,308
Ending balance: purchased credit-impaired loans	$	153,991	$	4,183	$	-	$	-	$	-	$	158,174
Ending balance: loans with general allowance	$	2,703,532	$	1,457,875	$	1,964,953	$	64,131	$	1,711,503	$	7,901,994

The tables below present the allowance for loan and lease losses and the carrying value of loans by portfolio segment as of December 31, 2018 and 2017:
As of December 31, 2018	Residential Mortgage Loans			Commercial Mortgage Loans			Commercial and Industrial Loans						Consumer Loans
										Construction Loans
(Dollars in thousands)																Total
Impaired loans without specific reserves:
Principal balance of loans, net of charge-offs	$	110,238		$	43,358		$	30,030		$	2,431		$	2,340		$	188,397
Impaired loans with specific reserves:
Principal balance of loans, net of charge-offs		293,494			184,068			61,162			4,162			28,986			571,872
Allowance for loan and lease losses		19,965			17,684			9,693			760			5,874			53,976
Allowance for loan and lease losses to
principal balance		6.80	%		9.61	%		15.85	%		18.26	%		20.26	%		9.44	%
PCI loans:
Carrying value of PCI loans		143,176			3,464			-			-			-			146,640
Allowance for PCI loans		10,954			400			-			-			-			11,354
Allowance for PCI loans to carrying value		7.65	%		11.55	%		-			-			-			7.74	%
Loans with general allowance:
Principal balance of loans		2,616,300			1,291,772			2,056,919			72,836			1,913,387			7,951,214
Allowance for loan and lease losses		19,875			37,497			22,853			2,832			47,975			131,032
Allowance for loan and lease losses to
principal balance		0.76	%		2.90	%		1.11	%		3.89	%		2.51	%		1.65	%
Total loans held for investment:
Principal balance of loans	$	3,163,208		$	1,522,662		$	2,148,111		$	79,429		$	1,944,713		$	8,858,123
Allowance for loan and lease losses		50,794			55,581			32,546			3,592			53,849			196,362
Allowance for loan and lease losses to
principal balance (1)		1.61	%		3.65	%		1.52	%		4.52	%		2.77	%		2.22	%

	Residential Mortgage Loans			Commercial Mortgage Loans			Commercial and Industrial Loans						Consumer Loans
										Construction Loans
(Dollars in thousands)																Total
As of December 31, 2017
Impaired loans without specific reserves:
Principal balance of loans, net of charge-offs	$	116,818		$	65,100		$	28,292		$	48		$	2,788		$	213,046
Impaired loans with specific reserves:
Principal balance of loans, net of charge-offs		316,616			87,814			90,008			47,218			35,606			577,262
Allowance for loan and lease losses		22,086			9,783			12,359			2,017			5,165			51,410
Allowance for loan and lease losses to
principal balance		6.98	%		11.14	%		13.73	%		4.27	%		14.51	%		8.91	%
PCI loans:
Carrying value of PCI loans		153,991			4,183			-			-			-			158,174
Allowance for PCI loans		10,873			378			-			-			-			11,251
Allowance for PCI loans to carrying value		7.06	%		9.04	%		-			-			-			7.11	%
Loans with general allowance:
Principal balance of loans		2,703,532			1,457,875			1,964,953			64,131			1,711,503			7,901,994
Allowance for loan and lease losses		26,016			38,332			36,512			2,505			65,817			169,182
Allowance for loan and lease losses to
principal balance		0.96	%		2.63	%		1.86	%		3.91	%		3.85	%		2.14	%
Total loans held for investment:
Principal balance of loans	$	3,290,957		$	1,614,972		$	2,083,253		$	111,397		$	1,749,897		$	8,850,476
Allowance for loan and lease losses		58,975			48,493			48,871			4,522			70,982			231,843
Allowance for loan and lease losses to
principal balance (1)		1.79	%		3.00	%		2.35	%		4.06	%		4.06	%		2.62	%
(1) Loans used in the denominator include PCI loans of $146.6 million and $158.2 million as of December 31, 2018 and 2017, respectively. However, the Corporation separately tracks and reports PCI loans and excludes these loans from the amounts of nonaccrual loans, impaired loans, TDRs and non-performing assets.

Troubled Debt Restructurings On Financing Receivables Table [Text Block]

	Selected information on TDR loans held for investment based on the recorded investment by loan class and modification type is summarized in the following tables. This information reflects all of the Corporation's TDRs held for investment:
		As of December 31, 2018
		Interest rate below market		Maturity or term extension		Combination of reduction in interest rate and extension of maturity		Forgiveness of principal and/or interest		Forbearance Agreement		Other (1)		Total
	(In thousands)
	Troubled Debt Restructurings:
	Non-FHA/VA residential mortgage loans	$	22,729	$	11,586	$	239,348	$	-	$	145	$	60,094	$	333,902
	Commercial Mortgage loans (2)		3,966		2,005		122,709		-		-		9,269		137,949
	Commercial and Industrial loans (3)		664		19,769		13,323		-		2,673		38,492		74,921
	Construction loans:
	Land		16		2,524		1,933		-		-		292		4,765
	Construction-commercial		-		-		-		-		-		-		-
	Construction-residential		-		545		-		-		-		217		762
	Consumer loans - Auto		-		1,517		10,085		-		-		6,429		18,031
	Finance leases		-		101		1,186		-		-		648		1,935
	Consumer loans - Other		1,396		1,236		5,651		275		-		1,824		10,382
	Total Troubled Debt Restructurings	$	28,771	$	39,283	$	394,235	$	275	$	2,818	$	117,265	$	582,647
(1)	Other concessions granted by the Corporation include deferral of principal and/or interest payments for a period longer than what would be considered insignificant, payment plans under judicial stipulation, or a combination of the concessions listed in the table.
(2)	Excludes commercial mortgage TDR loans held for sale amounting to $11.1 million as of December 31, 2018.
(3)	Excludes commercial and industrial TDR loans held for sale amounting to $0.9 millions of December 31, 2018.

		As of December 31, 2017
		Interest rate below market		Maturity or term extension		Combination of reduction in interest rate and extension of maturity		Forgiveness of principal and/or interest		Forbearance Agreement		Other (1)		Total
	(In thousands)
	Troubled Debt Restructurings:
	Non-FHA/VA residential mortgage loans	$	25,964	$	8,318	$	267,578	$	-	$	-	$	62,070	$	363,930
	Commercial Mortgage loans		6,563		2,094		31,870		-		-		10,285		50,812
	Commercial and Industrial loans		2,510		20,648		16,049		-		6,623		48,282		94,112
	Construction loans:
	Land		18		3,941		2,186		-		-		331		6,476
	Construction-commercial		-		-		-		35,100		-		-		35,100
	Construction-residential		-		-		-		-		-		217		217
	Consumer loans - Auto		-		1,347		14,233		-		-		7,025		22,605
	Finance leases		-		238		1,946		-		-		-		2,184
	Consumer loans - Other		892		2,097		6,891		217		-		1,686		11,783
	Total Troubled Debt Restructurings	$	35,947	$	38,683	$	340,753	$	35,317	$	6,623	$	129,896	$	587,219
(1)	Other concessions granted by the Corporation include deferral of principal and/or interest payments for a period longer than what would be considered insignificant, payment plans under judicial stipulation, or a combination of the concessions listed in the table.

	The following table presents the Corporation's TDR loans held for investment activity:
		Year Ended		Year Ended		Year Ended
		December 31, 2018		December 31, 2017		December 31, 2016
(In thousands)
Beginning balance of TDRs		$	587,219	$	647,048	$	661,591
New TDRs			171,857		93,837		84,942
Increases to existing TDRs			7,027		6,575		3,921
Charge-offs post-modification(1)(2)(3)			(27,951)		(32,963)		(24,876)
Sales, net of charge-offs			-		(53,245)		(3,761)
Foreclosures			(21,591)		(25,059)		(16,834)
TDRs transferred to held for sale, net of charge-offs			(34,541)		-		-
Paid-off, partial payments and other			(99,373)		(48,974)		(57,935)
Ending balance of TDRs		$	582,647	$	587,219	$	647,048
(1)	For the year ended December 31, 2018, includes charge-offs totaling $8.5 million associated with $34.5 million in commercial and construction loans transferred to held for sale.
(2)	For the year ended December 31, 2017, includes a $10.7 million charge-off related to the sale of the PREPA credit line.
(3)	For the year ended December 31, 2016, includes $1.3 million of charge-offs related to TDRs included in the sale of the $16.3 million pool of non-performing assets.

	The following table provides a breakdown of the TDR loans held for investment by those in accrual and nonaccrual status:
		As of December 31, 2018
		Accrual		Nonaccrual(1)		Total TDRs
	(In thousands)
	Non-FHA/VA residential mortgage loans	$	271,766	$	62,136	$	333,902
	Commercial Mortgage loans (2)		116,830		21,119		137,949
	Commercial and Industrial loans (3)		66,603		8,318		74,921
	Construction loans:
	Land		1,071		3,694		4,765
	Construction-commercial		-		-		-
	Construction-residential		-		762		762
	Consumer loans - Auto		11,842		6,189		18,031
	Finance leases		1,791		144		1,935
	Consumer loans - Other		9,025		1,357		10,382
	Total Troubled Debt Restructurings	$	478,928	$	103,719	$	582,647
(1)	Included in nonaccrual loans are $17.7 million in loans that are performing under the terms of the restructuring agreement but are reported in nonaccrual status until the restructured loans meet the criteria of sustained payment performance under the revised terms for reinstatement to accrual status and are deemed fully collectible.
(2)	Excludes commercial mortgage TDR loans held for sale amounting to $11.1 million as of December 31, 2018.
(3)	Excludes commercial and industrial TDR loans held for sale amounting to $0.9 million as of December 31, 2018.

		As of December 31, 2017
		Accrual		Nonaccrual (1)		Total TDRs
	(In thousands)
	Non-FHA/VA residential mortgage loans	$	280,729	$	83,201	$	363,930
	Commercial Mortgage loans		23,329		27,483		50,812
	Commercial and Industrial loans		41,536		52,576		94,112
	Construction loans:
	Land		1,291		5,185		6,476
	Construction-commercial		-		35,100		35,100
	Construction-residential		-		217		217
	Consumer loans - Auto		15,548		7,057		22,605
	Finance leases		1,968		216		2,184
	Consumer loans - Other		10,294		1,489		11,783
	Total Troubled Debt Restructurings	$	374,695	$	212,524	$	587,219
(1)	Included in nonaccrual loans are $88.6 million in loans that were performing under the terms of the restructuring agreement but are reported in nonaccrual status until the restructured loans meet the criteria of sustained payment performance under the revised terms for reinstatement to accrual status and are deemed fully collectible.

Entity Loan Modification Program [Member]

Accounts, Notes, Loans and Financing Receivable [Line Items]

Troubled Debt Restructurings On Financing Receivables Table [Text Block]

Loan modifications that are considered TDR loans completed during 2018, 2017 and 2016 were as follows:

	Year Ended December 31, 2018
	Number of contracts	Pre-modification Outstanding Recorded Investment		Post-modification Outstanding Recorded Investment
(In thousands)
Troubled Debt Restructurings:
Non-FHA/VA residential mortgage loans	104	$	14,827	$	14,159
Commercial Mortgage loans	11		138,994		138,785
Commercial and Industrial loans	10		9,141		8,786
Construction loans:
Land	1		97		97
Construction-residential	1		587		558
Consumer loans - Auto	285		4,500		4,489
Finance leases	48		1,001		987
Consumer loans - Other	768		3,935		3,996
Total Troubled Debt Restructurings	1,228	$	173,082	$	171,857

	Year ended December 31, 2017
	Number of contracts	Pre-modification Outstanding Recorded Investment		Post-modification Outstanding Recorded Investment
(In thousands)
Troubled Debt Restructurings:
Non-FHA/VA residential mortgage loans	132	$	19,484	$	19,263
Commercial Mortgage loans	13		25,722		25,018
Commercial and Industrial loans	21		39,428		39,338
Construction loans:
Land	4		122		125
Consumer loans - Auto	426		6,451		6,451
Finance leases	22		548		548
Consumer loans - Other	657		3,041		3,094
Total Troubled Debt Restructurings	1,275	$	94,796	$	93,837

	Year ended December 31, 2016
	Number of contracts	Pre-modification Outstanding Recorded Investment		Post-modification Outstanding Recorded Investment
(In thousands)
Troubled Debt Restructurings:
Non-FHA/VA residential mortgage loans	209	$	30,940	$	29,668
Commercial Mortgage loans	11		5,710		5,739
Commercial and Industrial loans	25		22,182		22,184
Construction loans:
Land	9		6,759		6,756
Consumer loans - Auto	744		13,141		13,141
Finance leases	74		1,878		1,878
Consumer loans - Other	1,156		5,496		5,576
Total Troubled Debt Restructurings	2,228	$	86,106	$	84,942

Entity Loan Modification Program [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]

Accounts, Notes, Loans and Financing Receivable [Line Items]

Troubled Debt Restructurings On Financing Receivables Table [Text Block]

Loan modifications considered TDR loans that defaulted during the years ended December 31, 2018, 2017, and 2016, and had become TDR during the 12-months preceding the default date, were as follows:

	Year ended December 31,
	2018			2017			2016
	Number of contracts	Recorded Investment		Number of contracts	Recorded Investment		Number of contracts	Recorded Investment
(In thousands)
Non-FHA/VA residential mortgage loans	15	$	1,994	46	$	5,355	50	$	7,673
Commercial Mortgage loans	-		-	1		57	-		-
Consumer loans - Auto	62		1,003	14		207	51		764
Finance leases	1		22	1		39	2		43
Consumer loans - Other	56		206	99		387	119		454
Total	134	$	3,225	161	$	6,045	222	$	8,934

Entity Loan Modification Program [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | AB Note Restructure Workout Strategy [Member]

Accounts, Notes, Loans and Financing Receivable [Line Items]

Troubled Debt Restructurings On Financing Receivables Table [Text Block]

The following table provides additional information about the volume of this type of loan restructuring and the effect on the allowance for loan and lease losses in 2018, 2017 and 2016:

(In thousands)	December 31, 2018		December 31, 2017		December 31, 2016
Beginning balance	$	35,577	$	36,971	$	39,329
New TDR loan splits		32,104		-		-
Paid-off and partial payments		(33,841)		(1,394)		(2,358)
Ending balance	$	33,840	$	35,577	$	36,971
(In thousands)	December 31, 2018		December 31, 2017		December 31, 2016
Allowance for loan losses at the beginning of the year	$	3,846	$	5,141	$	862
(Release) charges to the provision for loan losses		(10,789)		(1,295)		4,279
Net loan loss recoveries		7,416		-		-
Allowance for loan losses at the end of the year	$	473	$	3,846	$	5,141

Financial Asset Acquired with Credit Deterioration [Member]

Accounts, Notes, Loans and Financing Receivable [Line Items]

Loan Portfolio Held for Investment [Table Text Block]

The carrying amounts of PCI loans were as follows:
		As of		As of
		December 31,		December 31,
		2018		2017
(In thousands)
Residential mortgage loans	$	143,176	$	153,991
Commercial mortgage loans		3,464		4,183
Total PCI loans	$	146,640	$	158,174
Allowance for loan losses		(11,354)		(11,251)
Total PCI loans, net of allowance for loan losses	$	135,286	$	146,923

Corporation's Aging of Loans Held for Investment Portfolio [Table Text Block]

The following tables present PCI loans by past due status as of December 31, 2018 and 2017:
As of December 31, 2018		30-59 Days		60-89 Days		90 days or more		Total Past Due				Total PCI loans
										Current
(In thousands)
Residential mortgage loans		$	-	$	6,979	$	26,932	$	33,911	$	109,265	$	143,176
Commercial mortgage loans			-		-		2,512		2,512		952		3,464
Total (1)		$	-	$	6,979	$	29,444	$	36,423	$	110,217	$	146,640
_____________
(1)	According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C) required by the Federal Reserve Board, residential mortgage and commercial mortgage loans are considered past due when the borrower is in arrears two or more monthly payments. PCI residential mortgage loans past due 30-59 days as of December 31, 2018 amounted to $11.6 million. No PCI commercial mortgage loan was 30-59 days past due as of December 31, 2018.
As of December 31, 2017		30-59 Days		60-89 Days		90 days or more		Total Past Due				Total PCI loans
										Current
(In thousands)
Residential mortgage loans		$	-	$	16,600	$	26,471	$	43,071	$	110,920	$	153,991
Commercial mortgage loans			-		355		2,834		3,189		994		4,183
Total (1)		$	-	$	16,955	$	29,305	$	46,260	$	111,914	$	158,174
_____________
(1)	According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C) required by the Federal Reserve Board, residential mortgage and commercial mortgage loans are considered past due when the borrower is in arrears two or more monthly payments. PCI residential mortgage loans and PCI commercial mortgage loans past due 30-59 days as of December 31, 2017 amounted to $28.1 million and $0.2 million, respectively.

Changes in Allowance for Loan and Lease Losses [Table Text Block]

Changes in the allowance for loan losses related to PCI loans were as follows:
	Year ended
	December 31, 2018		December 31, 2017
Balance at beginning of year	$	11,251	$	6,857
Provision for loan losses		103		4,394
Balance at end of period	$	11,354	$	11,251