The caption of other assets in the consolidated statements of financial condition consists of the following major categories:

(In thousands)	March 31, 2014		December 31, 2013
Net deferred tax assets (net of valuation allowance)	$	773,994	$	761,768
Investments under the equity method		219,021		197,006
Bank-owned life insurance program		229,663		228,805
Prepaid FDIC insurance assessment		379		383
Prepaid taxes		85,673		91,504
Other prepaid expenses		73,426		67,108
Derivative assets		28,996		34,710
Trades receivable from brokers and counterparties		74,603		71,680
Others		261,891		234,594
Total other assets	$	1,747,646	$	1,687,558

On February 1, 2014, Centro Financiero BHD (“BHD”), the Corporation's equity method investee based in the Dominican Republic, completed a merger transaction in which it acquired the net assets of Centro Financiero León. Centro Financiero León was the holding company of Banco León, the fourth largest bank in terms of assets in the Dominican Republic. In connection with the transaction, BHD issued additional shares which diluted the Corporation's equity participation from 19.99% to 15.79%. As a result of this transaction, the Corporation recognized a net gain of $14.2 million during the first quarter of 2014, due to BHD's increase in net assets. The gain was partially offset by approximately $7.7 million resulting from the reclassification from other comprehensive income into earnings of the cumulative foreign currency translation adjustment due to the reduction in the Corporation's ownership percentage. The Corporation continues to have significant influence over BHD. Accordingly, the investment in BHD is accounted for under the equity method and is evaluated for impairment if events or circumstances indicate that a decrease in value of the investment has occurred that is other than temporary.