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REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)
12 Months Ended
Dec. 31, 2020
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue [Table Text Block]

(In thousands)

Mortgage Banking

 

Consumer (Retail) Banking

 

Commercial and Corporate

 

Treasury and Investments

 

United States Operations

 

Virgin Islands Operations

 

Total

Year ended December 31, 2020:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income (1)

$

76,025

 

$

220,678

 

$

135,591

 

$

87,879

 

$

54,025

 

$

26,124

 

$

600,322

Service charges and fees on deposit accounts

 

-

 

 

13,286

 

 

8,026

 

 

-

 

 

553

 

 

2,747

 

 

24,612

Insurance commissions

 

-

 

 

8,754

 

 

-

 

 

-

 

 

52

 

 

558

 

 

9,364

Merchant-related income

 

-

 

 

4,516

 

 

478

 

 

-

 

 

41

 

 

809

 

 

5,844

Credit and debit card fees

 

-

 

 

18,218

 

 

62

 

 

-

 

 

16

 

 

1,469

 

 

19,765

Other service charges and fees

 

342

 

 

2,900

 

 

2,260

 

 

184

 

 

1,800

 

 

1,508

 

 

8,994

Not in scope of ASC Topic 606 (1)(2)

 

21,727

 

 

3,288

 

 

1,780

 

 

13,524

 

 

2,168

 

 

160

 

 

42,647

Total non-interest income

 

22,069

 

 

50,962

 

 

12,606

 

 

13,708

 

 

4,630

 

 

7,251

 

 

111,226

Total Revenue

$

98,094

 

$

271,640

 

$

148,197

 

$

101,587

 

$

58,655

 

$

33,375

 

$

711,548

(In thousands)

Mortgage Banking

 

Consumer (Retail) Banking

 

Commercial and Corporate

 

Treasury and Investments

 

United States Operations

 

Virgin Islands Operations

 

Total

Year ended December 31, 2019:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income (1)

$

68,803

 

$

244,535

 

$

91,266

 

$

73,626

 

$

62,539

 

$

26,312

 

$

567,081

Service charges and fees on deposit accounts

 

-

 

 

14,534

 

 

5,811

 

 

-

 

 

631

 

 

2,940

 

 

23,916

Insurance commissions

 

-

 

 

9,621

 

 

-

 

 

-

 

 

67

 

 

498

 

 

10,186

Merchant-related income

 

-

 

 

4,120

 

 

466

 

 

-

 

 

-

 

 

1,049

 

 

5,635

Credit and debit card fees

 

-

 

 

19,014

 

 

104

 

 

-

 

 

43

 

 

1,744

 

 

20,905

Other service charges and fees

 

216

 

 

3,012

 

 

2,690

 

 

-

 

 

1,558

 

 

1,313

 

 

8,789

Not in scope of Topic 606 (1)

 

16,609

 

 

1,428

 

 

2,643

 

 

(225)

 

 

508

 

 

178

 

 

21,141

Total non-interest income

 

16,825

 

 

51,729

 

 

11,714

 

 

(225)

 

 

2,807

 

 

7,722

 

 

90,572

Total Revenue

$

85,628

 

$

296,264

 

$

102,980

 

$

73,401

 

$

65,346

 

$

34,034

 

$

657,653

(In thousands)

Mortgage Banking

 

Consumer (Retail) Banking

 

Commercial and Corporate

 

Treasury and Investments

 

United States Operations

 

Virgin Islands Operations

 

Total

Year ended December 31, 2018:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income (1)

$

79,389

 

$

217,933

 

$

78,675

 

$

61,628

 

$

59,056

 

$

28,702

 

$

525,383

Service charges and fees on deposit accounts

 

-

 

 

13,332

 

 

4,965

 

 

-

 

 

559

 

 

2,812

 

 

21,668

Insurance commissions

 

-

 

 

7,889

 

 

-

 

 

-

 

 

87

 

 

455

 

 

8,431

Merchant-related income

 

-

 

 

3,561

 

 

748

 

 

-

 

 

-

 

 

934

 

 

5,243

Credit and debit card fees

 

-

 

 

17,538

 

 

1,225

 

 

-

 

 

618

 

 

2,061

 

 

21,442

Other service charges and fees

 

252

 

 

4,391

 

 

1,280

 

 

71

 

 

1,351

 

 

525

 

 

7,870

Not in scope of Topic 606 (1)

 

16,821

 

 

995

 

 

(3,060)

 

 

2,434

 

 

405

 

 

61

 

 

17,656

Total non-interest income

 

17,073

 

 

47,706

 

 

5,158

 

 

2,505

 

 

3,020

 

 

6,848

 

 

82,310

Total Revenue

$

96,462

 

$

265,639

 

$

83,833

 

$

64,133

 

$

62,076

 

$

35,550

 

$

607,693

Activity of Contract Liabilities [Table Text Block]

(In thousands)

2020

 

2019

 

2018

Beginning Balance

$

2,476

 

$

2,071

 

$

2,396

Plus:

 

 

 

 

 

 

 

 

Additions

 

-

 

 

730

 

 

-

Less:

 

 

 

 

 

 

 

 

Amortizations

 

(325)

 

 

(325)

 

 

(325)

Ending balance

$

2,151

 

$

2,476

 

$

2,071