XML 34 R177.htm IDEA: XBRL DOCUMENT v2.4.0.8
Carrying or notional amounts and estimated fair values for financial instruments (Detail) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Mar. 31, 2013
Dec. 31, 2012
Assets, Fair Value Disclosure [Abstract]        
Cash And Due From Banks $ 387,917 $ 423,211 $ 242,290 $ 439,363
Money market investments 1,622,433 858,453    
Marketable Securities, Alternative [Abstract]        
Servicing Asset At Fair Value Amount 156,529 161,099 153,949 154,430
Derivative Asset, Fair Value, Gross Asset 28,996 34,710    
Deposits, by Type [Abstract]        
Time Deposits 8,242,603 8,311,352    
Federal Funds Purchased and Securities Sold under Agreements to Repurchase [Abstract]        
Federal Funds Purchased 100,000 0    
Securities Sold under Agreements to Repurchase 2,108,213 1,659,292    
Notes Payable [Abstract]        
Other Notes Payable 23,294 23,496    
Fixed Rate 6125 To 8327 Percent Junior Subordinated Deferrable Interest Debentures Due 2027 To 2034 [Member]
        
Notes Payable [Abstract]        
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 439,800 439,800    
Fixed Rate 500 Percent Until December 2013 And 900 Percent Thereafter Junior Subordinated Deferrable Interest Debentures With No Stated Maturity [Member]
        
Notes Payable [Abstract]        
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 531,804 [1] 531,540 [1]    
Fair Value, Inputs, Level 1 [Member]
        
Assets, Fair Value Disclosure [Abstract]        
Cash And Due From Banks 387,917 423,211    
Money market investments 1,437,324 677,033    
Trading account securities 0 [2] 0 [2]    
Available For Sale Securities Fair Value Disclosure 410 [2] 412 [2]    
Held To Maturity Securities Fair Value Disclosure 0 0    
Marketable Securities, Alternative [Abstract]        
Federal Home Loan Bank Stock 0 0    
Federal Reserve Bank Stock 0 0    
Trust Preferred Securities 0 0    
Other Investments 0 0    
Total other investment securities 0 0    
Loans held-for-sale 0 0    
FDIC loss share asset 0 0    
Servicing Asset At Fair Value Amount 0 0    
Derivative Asset, Fair Value, Gross Asset 0 0    
Deposits, by Type [Abstract]        
Demand Deposit Accounts 0 0    
Time Deposits 0 0    
Deposits 0 0    
Federal Funds Purchased and Securities Sold under Agreements to Repurchase [Abstract]        
Securities Sold under Agreements to Repurchase 0 0    
Assets sold under agreements to repurchase 0 0    
Other short-term borrowings 0 [3] 0 [3]    
Notes Payable [Abstract]        
Federal Home Loan Bank Advances Long Term 0 0    
Medium-term Notes 0 0    
Other Notes Payable 0 0    
Notes payable 0 0    
Derivative Financial Instruments Liabilities Fair Value Disclosure 0 0    
Business Acquisition, Contingent Consideration, at Fair Value 0 0    
Fair Value Off Balance Sheet [Abstract]        
Commitments to extend credit 0 0    
Letters of credit Fair Value Disclosure 0 0    
Fair Value, Inputs, Level 1 [Member] | Structured Finance [Member]
        
Federal Funds Purchased and Securities Sold under Agreements to Repurchase [Abstract]        
Securities Sold under Agreements to Repurchase 0 0    
Fair Value, Inputs, Level 1 [Member] | Fixed Rate 6125 To 8327 Percent Junior Subordinated Deferrable Interest Debentures Due 2027 To 2034 [Member]
        
Notes Payable [Abstract]        
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 0 0    
Fair Value, Inputs, Level 1 [Member] | Fixed Rate 500 Percent Until December 2013 And 900 Percent Thereafter Junior Subordinated Deferrable Interest Debentures With No Stated Maturity [Member]
        
Notes Payable [Abstract]        
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 0 0    
Fair Value, Inputs, Level 1 [Member] | Puerto Rico States And Political Subdivisions Debt Securities [Member]
        
Assets, Fair Value Disclosure [Abstract]        
Held To Maturity Securities Fair Value Disclosure 0 0    
Fair Value, Inputs, Level 1 [Member] | Collateralized Mortgage Obligations Issued By U S Government Sponsored Enterprises And U S Government [Member]
        
Assets, Fair Value Disclosure [Abstract]        
Held To Maturity Securities Fair Value Disclosure 0 0    
Fair Value, Inputs, Level 1 [Member] | Other Securities [Member]
        
Assets, Fair Value Disclosure [Abstract]        
Held To Maturity Securities Fair Value Disclosure 0 0    
Fair Value, Inputs, Level 2 [Member]
        
Assets, Fair Value Disclosure [Abstract]        
Cash And Due From Banks 0 0    
Money market investments 185,109 181,420    
Trading account securities 347,670 [2] 326,509 [2]    
Available For Sale Securities Fair Value Disclosure 5,762,101 [2] 5,287,865 [2]    
Held To Maturity Securities Fair Value Disclosure 1,500 1,500    
Marketable Securities, Alternative [Abstract]        
Federal Home Loan Bank Stock 63,931 85,245    
Federal Reserve Bank Stock 86,502 80,385    
Trust Preferred Securities 13,197 13,197    
Other Investments 0 0    
Total other investment securities 163,630 178,827    
Loans held-for-sale 2,149 3,155    
FDIC loss share asset 0 0    
Servicing Asset At Fair Value Amount 0 0    
Derivative Asset, Fair Value, Gross Asset 28,998 34,793    
Deposits, by Type [Abstract]        
Demand Deposit Accounts 19,023,048 18,399,793    
Time Deposits 8,297,177 8,367,410    
Deposits 27,320,225 26,767,203    
Federal Funds Purchased and Securities Sold under Agreements to Repurchase [Abstract]        
Securities Sold under Agreements to Repurchase 1,574,119 1,025,628    
Assets sold under agreements to repurchase 2,265,553 1,720,050    
Other short-term borrowings 1,200 [3] 401,200 [3]    
Notes Payable [Abstract]        
Federal Home Loan Bank Advances Long Term 526,032 604,976    
Medium-term Notes 0 0    
Other Notes Payable 0 0    
Notes payable 865,347 953,198    
Derivative Financial Instruments Liabilities Fair Value Disclosure 25,714 32,378    
Business Acquisition, Contingent Consideration, at Fair Value 0 0    
Fair Value Off Balance Sheet [Abstract]        
Commitments to extend credit 0 0    
Letters of credit Fair Value Disclosure 0 0    
Fair Value, Inputs, Level 2 [Member] | Structured Finance [Member]
        
Federal Funds Purchased and Securities Sold under Agreements to Repurchase [Abstract]        
Securities Sold under Agreements to Repurchase 691,434 694,422    
Fair Value, Inputs, Level 2 [Member] | Fixed Rate 6125 To 8327 Percent Junior Subordinated Deferrable Interest Debentures Due 2027 To 2034 [Member]
        
Notes Payable [Abstract]        
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 339,315 348,222    
Fair Value, Inputs, Level 2 [Member] | Fixed Rate 500 Percent Until December 2013 And 900 Percent Thereafter Junior Subordinated Deferrable Interest Debentures With No Stated Maturity [Member]
        
Notes Payable [Abstract]        
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 0 0    
Fair Value, Inputs, Level 2 [Member] | Puerto Rico States And Political Subdivisions Debt Securities [Member]
        
Assets, Fair Value Disclosure [Abstract]        
Held To Maturity Securities Fair Value Disclosure 0 0    
Fair Value, Inputs, Level 2 [Member] | Collateralized Mortgage Obligations Issued By U S Government Sponsored Enterprises And U S Government [Member]
        
Assets, Fair Value Disclosure [Abstract]        
Held To Maturity Securities Fair Value Disclosure 0 0    
Fair Value, Inputs, Level 2 [Member] | Other Securities [Member]
        
Assets, Fair Value Disclosure [Abstract]        
Held To Maturity Securities Fair Value Disclosure 1,500 1,500    
Fair Value, Inputs, Level 3 [Member]
        
Assets, Fair Value Disclosure [Abstract]        
Cash And Due From Banks 0 0    
Money market investments 0 0    
Trading account securities 11,577 [2] 13,151 [2]    
Available For Sale Securities Fair Value Disclosure 6,379 [2] 6,523 [2]    
Held To Maturity Securities Fair Value Disclosure 126,299 119,188    
Marketable Securities, Alternative [Abstract]        
Federal Home Loan Bank Stock 0 0    
Federal Reserve Bank Stock 0 0    
Trust Preferred Securities 1,000 1,000    
Other Investments 5,614 4,699    
Total other investment securities 6,614 5,699    
Loans held-for-sale 94,201 109,405    
FDIC loss share asset 710,781 837,131    
Servicing Asset At Fair Value Amount 156,529 161,099    
Derivative Asset, Fair Value, Gross Asset 0 0    
Deposits, by Type [Abstract]        
Demand Deposit Accounts 0 0    
Time Deposits 0 0    
Deposits 0 0    
Federal Funds Purchased and Securities Sold under Agreements to Repurchase [Abstract]        
Securities Sold under Agreements to Repurchase 0 0    
Assets sold under agreements to repurchase 0 0    
Other short-term borrowings 0 [3] 0 [3]    
Notes Payable [Abstract]        
Federal Home Loan Bank Advances Long Term 0 0    
Medium-term Notes 718 716    
Other Notes Payable 23,294 23,496    
Notes payable 1,001,087 1,030,850    
Derivative Financial Instruments Liabilities Fair Value Disclosure 0 0    
Business Acquisition, Contingent Consideration, at Fair Value 126,345 128,299    
Fair Value Off Balance Sheet [Abstract]        
Commitments to extend credit 1,958 2,571    
Letters of credit Fair Value Disclosure 1,370 901    
Fair Value, Inputs, Level 3 [Member] | Structured Finance [Member]
        
Federal Funds Purchased and Securities Sold under Agreements to Repurchase [Abstract]        
Securities Sold under Agreements to Repurchase 0 0    
Fair Value, Inputs, Level 3 [Member] | Fixed Rate 6125 To 8327 Percent Junior Subordinated Deferrable Interest Debentures Due 2027 To 2034 [Member]
        
Notes Payable [Abstract]        
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 0 0    
Fair Value, Inputs, Level 3 [Member] | Fixed Rate 500 Percent Until December 2013 And 900 Percent Thereafter Junior Subordinated Deferrable Interest Debentures With No Stated Maturity [Member]
        
Notes Payable [Abstract]        
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 977,075 1,006,638    
Fair Value, Inputs, Level 3 [Member] | Puerto Rico States And Political Subdivisions Debt Securities [Member]
        
Assets, Fair Value Disclosure [Abstract]        
Held To Maturity Securities Fair Value Disclosure 101,195 94,712    
Fair Value, Inputs, Level 3 [Member] | Collateralized Mortgage Obligations Issued By U S Government Sponsored Enterprises And U S Government [Member]
        
Assets, Fair Value Disclosure [Abstract]        
Held To Maturity Securities Fair Value Disclosure 105 122    
Fair Value, Inputs, Level 3 [Member] | Other Securities [Member]
        
Assets, Fair Value Disclosure [Abstract]        
Held To Maturity Securities Fair Value Disclosure 24,999 24,354    
Non Covered Under Loss Sharing Agreements With F D I C [Member] | Fair Value, Inputs, Level 1 [Member]
        
Marketable Securities, Alternative [Abstract]        
Loans held-in-portfolio, net 0 0    
Non Covered Under Loss Sharing Agreements With F D I C [Member] | Fair Value, Inputs, Level 2 [Member]
        
Marketable Securities, Alternative [Abstract]        
Loans held-in-portfolio, net 0 0    
Non Covered Under Loss Sharing Agreements With F D I C [Member] | Fair Value, Inputs, Level 3 [Member]
        
Marketable Securities, Alternative [Abstract]        
Loans held-in-portfolio, net 19,346,159 19,070,337    
Covered Under Loss Sharing Agreements With F D I C [Member] | Fair Value, Inputs, Level 1 [Member]
        
Marketable Securities, Alternative [Abstract]        
Loans held-in-portfolio, net 0 0    
Covered Under Loss Sharing Agreements With F D I C [Member] | Fair Value, Inputs, Level 2 [Member]
        
Marketable Securities, Alternative [Abstract]        
Loans held-in-portfolio, net 0 0    
Covered Under Loss Sharing Agreements With F D I C [Member] | Fair Value, Inputs, Level 3 [Member]
        
Marketable Securities, Alternative [Abstract]        
Loans held-in-portfolio, net 3,269,740 3,404,128    
Carrying (Reported) Amount, Fair Value Disclosure
        
Assets, Fair Value Disclosure [Abstract]        
Cash And Due From Banks 387,917 423,211    
Money market investments 1,622,433 858,453    
Trading account securities 359,247 [2] 339,660 [2]    
Available For Sale Securities Fair Value Disclosure 5,768,890 [2] 5,294,800 [2]    
Held To Maturity Securities Fair Value Disclosure 139,019 140,496    
Marketable Securities, Alternative [Abstract]        
Federal Home Loan Bank Stock 63,931 85,245    
Federal Reserve Bank Stock 86,502 80,385    
Trust Preferred Securities 14,197 14,197    
Other Investments 1,926 1,925    
Total other investment securities 166,556 181,752    
Loans held-for-sale 94,877 110,426    
FDIC loss share asset 833,721 948,608    
Servicing Asset At Fair Value Amount 156,529 161,099    
Derivative Asset, Fair Value, Gross Asset 28,998 34,793    
Deposits, by Type [Abstract]        
Demand Deposit Accounts 19,023,048 18,399,793    
Time Deposits 8,242,603 8,311,352    
Deposits 27,265,651 26,711,145    
Federal Funds Purchased and Securities Sold under Agreements to Repurchase [Abstract]        
Securities Sold under Agreements to Repurchase 1,570,023 1,021,102    
Assets sold under agreements to repurchase 2,208,213 1,659,292    
Other short-term borrowings 1,200 [3] 401,200 [3]    
Notes Payable [Abstract]        
Federal Home Loan Bank Advances Long Term 510,825 589,229    
Medium-term Notes 685 689    
Other Notes Payable 23,294 23,496    
Notes payable 1,506,408 1,584,754    
Derivative Financial Instruments Liabilities Fair Value Disclosure 25,714 32,378    
Business Acquisition, Contingent Consideration, at Fair Value 126,345 128,299    
Carrying (Reported) Amount, Fair Value Disclosure | Structured Finance [Member]
        
Federal Funds Purchased and Securities Sold under Agreements to Repurchase [Abstract]        
Securities Sold under Agreements to Repurchase 638,190 638,190    
Carrying (Reported) Amount, Fair Value Disclosure | Fixed Rate 6125 To 8327 Percent Junior Subordinated Deferrable Interest Debentures Due 2027 To 2034 [Member]
        
Notes Payable [Abstract]        
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 439,800 439,800    
Carrying (Reported) Amount, Fair Value Disclosure | Fixed Rate 500 Percent Until December 2013 And 900 Percent Thereafter Junior Subordinated Deferrable Interest Debentures With No Stated Maturity [Member]
        
Notes Payable [Abstract]        
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 531,804 531,540    
Carrying (Reported) Amount, Fair Value Disclosure | Puerto Rico States And Political Subdivisions Debt Securities [Member]
        
Assets, Fair Value Disclosure [Abstract]        
Held To Maturity Securities Fair Value Disclosure 112,405 113,881    
Carrying (Reported) Amount, Fair Value Disclosure | Collateralized Mortgage Obligations Issued By U S Government Sponsored Enterprises And U S Government [Member]
        
Assets, Fair Value Disclosure [Abstract]        
Held To Maturity Securities Fair Value Disclosure 114 115    
Carrying (Reported) Amount, Fair Value Disclosure | Other Securities [Member]
        
Assets, Fair Value Disclosure [Abstract]        
Held To Maturity Securities Fair Value Disclosure 26,500 26,500    
Carrying (Reported) Amount, Fair Value Disclosure | Non Covered Under Loss Sharing Agreements With F D I C [Member]
        
Marketable Securities, Alternative [Abstract]        
Loans held-in-portfolio, net 21,069,202 21,073,403    
Carrying (Reported) Amount, Fair Value Disclosure | Covered Under Loss Sharing Agreements With F D I C [Member]
        
Marketable Securities, Alternative [Abstract]        
Loans held-in-portfolio, net 2,772,281 2,882,335    
Estimate of Fair Value, Fair Value Disclosure
        
Assets, Fair Value Disclosure [Abstract]        
Cash And Due From Banks 387,917 423,211    
Money market investments 1,622,433 858,453    
Trading account securities 359,247 [2] 339,660 [2]    
Available For Sale Securities Fair Value Disclosure 5,768,890 [2] 5,294,800 [2]    
Held To Maturity Securities Fair Value Disclosure 127,799 120,688    
Marketable Securities, Alternative [Abstract]        
Federal Home Loan Bank Stock 63,931 85,245    
Federal Reserve Bank Stock 86,502 80,385    
Trust Preferred Securities 14,197 14,197    
Other Investments 5,614 4,699    
Total other investment securities 170,244 184,526    
Loans held-for-sale 96,350 112,560    
FDIC loss share asset 710,781 837,131    
Servicing Asset At Fair Value Amount 156,529 161,099    
Derivative Asset, Fair Value, Gross Asset 28,998 34,793    
Deposits, by Type [Abstract]        
Demand Deposit Accounts 19,023,048 18,399,793    
Time Deposits 8,297,177 8,367,410    
Deposits 27,320,225 26,767,203    
Federal Funds Purchased and Securities Sold under Agreements to Repurchase [Abstract]        
Securities Sold under Agreements to Repurchase 1,574,119 1,025,628    
Assets sold under agreements to repurchase 2,265,553 1,720,050    
Other short-term borrowings 1,200 [3] 401,200 [3]    
Notes Payable [Abstract]        
Federal Home Loan Bank Advances Long Term 526,032 604,976    
Medium-term Notes 718 716    
Other Notes Payable 23,294 23,496    
Notes payable 1,866,434 1,984,048    
Derivative Financial Instruments Liabilities Fair Value Disclosure 25,714 32,378    
Business Acquisition, Contingent Consideration, at Fair Value 126,345 128,299    
Fair Value Off Balance Sheet [Abstract]        
Commitments to extend credit 1,958 2,571    
Letters of credit Fair Value Disclosure 1,370 901    
Estimate of Fair Value, Fair Value Disclosure | Structured Finance [Member]
        
Federal Funds Purchased and Securities Sold under Agreements to Repurchase [Abstract]        
Securities Sold under Agreements to Repurchase 691,434 694,422    
Estimate of Fair Value, Fair Value Disclosure | Fixed Rate 6125 To 8327 Percent Junior Subordinated Deferrable Interest Debentures Due 2027 To 2034 [Member]
        
Notes Payable [Abstract]        
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 339,315 348,222    
Estimate of Fair Value, Fair Value Disclosure | Fixed Rate 500 Percent Until December 2013 And 900 Percent Thereafter Junior Subordinated Deferrable Interest Debentures With No Stated Maturity [Member]
        
Notes Payable [Abstract]        
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 977,075 1,006,638    
Estimate of Fair Value, Fair Value Disclosure | Puerto Rico States And Political Subdivisions Debt Securities [Member]
        
Assets, Fair Value Disclosure [Abstract]        
Held To Maturity Securities Fair Value Disclosure 101,195 94,712    
Estimate of Fair Value, Fair Value Disclosure | Collateralized Mortgage Obligations Issued By U S Government Sponsored Enterprises And U S Government [Member]
        
Assets, Fair Value Disclosure [Abstract]        
Held To Maturity Securities Fair Value Disclosure 105 122    
Estimate of Fair Value, Fair Value Disclosure | Other Securities [Member]
        
Assets, Fair Value Disclosure [Abstract]        
Held To Maturity Securities Fair Value Disclosure 26,499 25,854    
Estimate of Fair Value, Fair Value Disclosure | Non Covered Under Loss Sharing Agreements With F D I C [Member]
        
Marketable Securities, Alternative [Abstract]        
Loans held-in-portfolio, net 19,346,159 19,070,337    
Estimate of Fair Value, Fair Value Disclosure | Covered Under Loss Sharing Agreements With F D I C [Member]
        
Marketable Securities, Alternative [Abstract]        
Loans held-in-portfolio, net 3,269,740 3,404,128    
Notional Amount [Member]
        
Fair Value Off Balance Sheet [Abstract]        
Commitments to extend credit 7,122,989 7,490,927    
Letters of credit Fair Value Disclosure $ 81,379 $ 82,007    
[1] The debentures are perpetual and may be redeemed by the Corporation at any time, subject to the consent of the Board of Governors of the Federal Reserve System. The discount on the debentures is being amortized over an estimated 30-year term that started in August 2009. The effective interest rate, including the discount accretion, was approximately 16% at March 31, 2014 and December 31, 2013.
[2] Refer to Note 25 to the consolidated financial statements for the fair value by class of financial asset and its hierarchy level.
[3] Refer to Note 16 to the consolidated financial statements for the composition of short-term borrowings.