Investment securities (Tables)

6 Months Ended

Jun. 30, 2014

Available For Sale Securities Text Block

		At June 30, 2014
				Gross		Gross				Weighted
		Amortized		unrealized		unrealized		Fair		average
(In thousands)		cost		gains		losses		value		yield
U.S. Treasury securities
	After 1 to 5 years	$	26,085	$	1,644	$	-	$	27,729	3.87	%
Total U.S. Treasury securities			26,085		1,644		-		27,729	3.87
Obligations of U.S. Government sponsored entities
	Within 1 year		6,998		7		-		7,005	0.14
	After 1 to 5 years		1,948,833		2,424		9,053		1,942,204	1.20
	After 5 to 10 years		252,520		581		7,198		245,903	1.63
	After 10 years		23,000		-		882		22,118	3.15
Total obligations of U.S. Government sponsored entities			2,231,351		3,012		17,133		2,217,230	1.27
Obligations of Puerto Rico, States and political subdivisions
	After 1 to 5 years		5,384		19		22		5,381	2.86
	After 5 to 10 years		23,352		7		1,398		21,961	5.46
	After 10 years		48,812		422		7,405		41,829	5.85
Total obligations of Puerto Rico, States and political subdivisions			77,548		448		8,825		69,171	5.52
Collateralized mortgage obligations - federal agencies
	After 1 to 5 years		4,876		124		-		5,000	2.56
	After 5 to 10 years		27,924		1,219		2		29,141	2.82
	After 10 years		2,305,054		17,819		53,542		2,269,331	2.06
Total collateralized mortgage obligations - federal agencies			2,337,854		19,162		53,544		2,303,472	2.07
Collateralized mortgage obligations - private label
	After 10 years		130		-		-		130	3.90
Total collateralized mortgage obligations - private label			130		-		-		130	3.90
Mortgage-backed securities
	Within 1 year		1		-		-		1	3.66
	After 1 to 5 years		26,420		1,458		-		27,878	4.56
	After 5 to 10 years		200,182		8,743		486		208,439	3.47
	After 10 years		735,125		50,779		2,174		783,730	4.08
Total mortgage-backed securities			961,728		60,980		2,660		1,020,048	3.97
Equity securities (without contractual maturity)			3,177		1,284		118		4,343	6.39
Other
	After 1 to 5 years		9,458		-		15		9,443	1.68
	After 10 years		2,341		85		-		2,426	3.63
Total other			11,799		85		15		11,869	2.06
Total investment securities available-for-sale		$	5,649,672	$	86,615	$	82,295	$	5,653,992	2.14	%

		At December 31, 2013
				Gross		Gross				Weighted
		Amortized		unrealized		unrealized		Fair		average
(In thousands)		cost		gains		losses		value		yield
U.S. Treasury securities
	After 1 to 5 years	$	26,474	$	2,008	$	-	$	28,482	3.85	%
Total U.S. Treasury securities			26,474		2,008		-		28,482	3.85
Obligations of U.S. Government sponsored entities
	Within 1 year		25,021		39		-		25,060	1.85
	After 1 to 5 years		1,087,453		1,678		12,715		1,076,416	1.26
	After 5 to 10 years		528,611		100		21,742		506,969	1.52
	After 10 years		23,000		-		2,240		20,760	3.12
Total obligations of U.S. Government sponsored entities			1,664,085		1,817		36,697		1,629,205	1.38
Obligations of Puerto Rico, States and political subdivisions
	After 1 to 5 years		6,228		45		85		6,188	4.64
	After 5 to 10 years		23,147		-		1,978		21,169	6.33
	After 10 years		48,803		29		9,812		39,020	5.84
Total obligations of Puerto Rico, States and political subdivisions			78,178		74		11,875		66,377	5.89
Collateralized mortgage obligations - federal agencies
	After 1 to 5 years		5,131		101		-		5,232	1.79
	After 5 to 10 years		31,613		921		-		32,534	2.98
	After 10 years		2,438,021		18,532		76,023		2,380,530	2.05
Total collateralized mortgage obligations - federal agencies			2,474,765		19,554		76,023		2,418,296	2.06
Collateralized mortgage obligations - private label
	After 10 years		509		4		-		513	3.78
Total collateralized mortgage obligations - private label			509		4		-		513	3.78
Mortgage-backed securities
	Within 1 year		419		24		-		443	3.14
	After 1 to 5 years		15,921		833		-		16,754	4.50
	After 5 to 10 years		62,373		3,058		1,214		64,217	4.12
	After 10 years		1,007,733		50,807		4,313		1,054,227	3.93
Total mortgage-backed securities			1,086,446		54,722		5,527		1,135,641	3.95
Equity securities (without contractual maturity)			3,178		1,109		171		4,116	4.06
Other
	After 1 to 5 years		9,638		-		141		9,497	1.68
	After 10 years		2,604		69		-		2,673	3.61
Total other			12,242		69		141		12,170	2.09
Total investment securities available-for-sale		$	5,345,877	$	79,357	$	130,434	$	5,294,800	2.30	%

Held To Maturity Securities Text Block

		At June 30, 2014
				Gross		Gross				Weighted
		Amortized		unrealized		unrealized		Fair		average
(In thousands)		cost		gains		losses		value		yield
Obligations of Puerto Rico, States and political subdivisions
	Within 1 year	$	12,685	$	-	$	2	$	12,683	2.10	%
	After 1 to 5 years		12,595		1		383		12,213	5.93
	After 5 to 10 years		20,925		-		5,209		15,716	6.08
	After 10 years		66,471		1,368		6,545		61,294	2.28
Total obligations of Puerto Rico, States and political subdivisions			112,676		1,369		12,139		101,906	3.37
Collateralized mortgage obligations - federal agencies
	After 5 to 10 years		104		-		8		96	5.45
Total collateralized mortgage obligations - federal agencies			104		-		8		96	5.45
Other
	Within 1 year		1,250		-		-		1,250	1.39
	After 1 to 5 years		250		-		1		249	1.38
Total other			1,500		-		1		1,499	1.39
Total investment securities held-to-maturity		$	114,280	$	1,369	$	12,148	$	103,501	3.35	%

		At December 31, 2013
				Gross		Gross				Weighted
		Amortized		unrealized		unrealized		Fair		average
(In thousands)		cost		gains		losses		value		yield
Obligations of Puerto Rico, States and political subdivisions
	Within 1 year	$	12,570	$	-	$	12	$	12,558	2.06	%
	After 1 to 5 years		12,060		-		984		11,076	5.91
	After 5 to 10 years		20,015		-		5,251		14,764	6.06
	After 10 years		69,236		257		13,179		56,314	2.43
Total obligations of Puerto Rico, States and political subdivisions			113,881		257		19,426		94,712	3.40
Collateralized mortgage obligations - federal agencies
	After 10 years		115		7		-		122	5.45
Total collateralized mortgage obligations - federal agencies			115		7		-		122	5.45
Other
	Within 1 year		26,000		-		645		25,355	3.41
	After 1 to 5 years		500		-		1		499	1.33
Total other			26,500		-		646		25,854	3.37
Total investment securities held-to-maturity		$	140,496	$	264	$	20,072	$	120,688	3.40	%

Securities That Exceed 10 Percent Of Stockholders Equity [Member]

Investments In Debt And Marketable Equity Securities And Certain Trading Assets Disclosure Text Block

		June 30, 2014				December 31, 2013
(In thousands)	Amortized cost		Fair value		Amortized cost		Fair value
FNMA	$	2,013,092	$	1,988,874	$	2,318,171	$	2,266,610
FHLB		1,144,118		1,139,269		336,933		326,220
Freddie Mac		1,361,507		1,356,819		1,434,346		1,418,216

Available For Sale Securities Member

Schedule Of Unrealized Loss On Investments Table Text Block

		At June 30, 2014
		Less than 12 months				12 months or more				Total
				Gross				Gross				Gross
		Fair		unrealized		Fair		unrealized		Fair		unrealized
(In thousands)		value		losses		value		losses		value		losses
Obligations of U.S. Government sponsored entities		$	594,695	$	8,886	$	462,222	$	8,247	$	1,056,917	$	17,133
Obligations of Puerto Rico, States and political
	subdivisions		20,733		2,584		24,596		6,241		45,329		8,825
Collateralized mortgage obligations - federal agencies			713,604		24,114		758,570		29,430		1,472,174		53,544
Mortgage-backed securities			15,875		446		46,384		2,214		62,259		2,660
Equity securities			-		-		1,707		118		1,707		118
Other			-		-		9,443		15		9,443		15
Total investment securities available-for-sale in an
	unrealized loss position	$	1,344,907	$	36,030	$	1,302,922	$	46,265	$	2,647,829	$	82,295

		At December 31, 2013
		Less than 12 months				12 months or more				Total
				Gross				Gross				Gross
		Fair		unrealized		Fair		unrealized		Fair		unrealized
(In thousands)		value		losses		value		losses		value		losses
Obligations of U.S. Government sponsored entities		$	1,326,866	$	32,457	$	69,257	$	4,240	$	1,396,123	$	36,697
Obligations of Puerto Rico, States and political
	subdivisions		54,256		11,685		8,330		190		62,586		11,875
Collateralized mortgage obligations - federal agencies			1,567,654		70,378		96,676		5,645		1,664,330		76,023
Mortgage-backed securities			105,455		4,762		7,225		765		112,680		5,527
Equity securities			1,657		171		-		-		1,657		171
Other			-		-		9,497		141		9,497		141
Total investment securities available-for-sale in an
	unrealized loss position	$	3,055,888	$	119,453	$	190,985	$	10,981	$	3,246,873	$	130,434

Held To Maturity Securities Member

Schedule Of Unrealized Loss On Investments Table Text Block

		At June 30, 2014
		Less than 12 months				12 months or more				Total
				Gross				Gross				Gross
		Fair		unrealized		Fair		unrealized		Fair		unrealized
(In thousands)		value		losses		value		losses		value		losses
Obligations of Puerto Rico, States and political subdivisions		$	48,601	$	5,012	$	22,948	$	7,127	$	71,549	$	12,139
Collateralized mortgage obligations - federal agencies			96		8		-		-		96		8
Other			249		1		-		-		249		1
Total investment securities held-to-maturity in an unrealized
	loss position	$	48,946	$	5,021	$	22,948	$	7,127	$	71,894	$	12,148

		At December 31, 2013
		Less than 12 months				12 months or more				Total
				Gross				Gross				Gross
		Fair		unrealized		Fair		unrealized		Fair		unrealized
(In thousands)		value		losses		value		losses		value		losses
Obligations of Puerto Rico, States and political subdivisions		$	60,028	$	12,180	$	13,044	$	7,246	$	73,072	$	19,426
Other			24,604		646		-		-		24,604		646
Total investment securities held-to-maturity in an unrealized
	loss position	$	84,632	$	12,826	$	13,044	$	7,246	$	97,676	$	20,072