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SUPPLEMENTAL CASH FLOW INFORMATION
12 Months Ended
Dec. 31, 2020
Supplemental Cash Flow Elements [Abstract]  
SUPPLEMENTAL CASH FLOW INFORMATION [Text Block]

NOTE 32 – SUPPLEMENTAL STATEMENT OF CASH FLOWS INFORMATION

 

Supplemental statement of cash flows information is as follows for the indicated periods:

 

 

Year Ended December 31,

 

 

2020

 

2019

 

2018

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash paid for:

 

 

 

 

 

 

 

 

 

Interest on borrowings

$

94,872

 

$

107,010

 

$

98,194

 

Income tax

 

16,713

 

 

13,495

 

 

7,175

 

Operating cash flow from operating leases

 

13,464

 

 

10,219

 

 

-

Non-cash investing and financing activities:

 

 

 

 

 

 

 

 

 

Additions to OREO

 

7,249

 

 

40,398

 

 

48,767

 

Additions to auto and other repossessed assets

 

36,203

 

 

47,643

 

 

52,023

 

Capitalization of servicing assets

 

4,864

 

 

4,039

 

 

3,864

 

Loan securitizations

 

221,491

 

 

235,258

 

 

233,175

 

Loans held for investment transferred to held for sale

 

10,817

 

 

24,470

 

 

90,319

 

Loans held for sale transferred to held for investment

 

-

 

 

-

 

 

2,179

 

Payable on unsettled securities purchases

 

24,033

 

 

-

 

 

-

 

ROU asset obtained in exchange for operating lease liabilities

 

1,328

 

 

10,762

 

 

-

 

Adoption of lease accounting standard:

 

 

 

 

 

 

 

 

 

ROU asset operating leases

 

-

 

 

57,178

 

 

-

 

Operating lease liabilities

 

-

 

 

59,818

 

 

-

 

Acquisition (see Note 2):

 

 

 

 

 

 

 

 

 

Consideration

 

1,280,424

 

 

-

 

 

-

 

Fair value of assets acquired

 

5,561,564

 

 

-

 

 

-

 

Liabilities assumed

 

4,291,674

 

 

-

 

 

-