Supplemental disclosure on the consolidated statements of cash flows

9 Months Ended

Sep. 30, 2014

Supplemental Cash Flow Information [Abstract]

Cash Flow Supplemental Disclosures [Text Block]

Note 35–Supplemental disclosure on the consolidated statements of cash flows

Additional disclosures on cash flow information and non-cash activities for the ninemonths ended September 30, 2014 and September 30, 2013 are listed in the following table:

(In thousands)		September 30, 2014		September 30, 2013
Non-cash activities:
Loans transferred to other real estate	$	118,098	$	188,275
Loans transferred to other property		30,062		24,974
Total loans transferred to foreclosed assets		148,160		213,249
Transfers from loans held-in-portfolio to loans held-for-sale		2,114,589		442,003
Transfers from loans held-for-sale to loans held-in-portfolio		3,913		25,245
Loans securitized into investment securities[1]		695,416		1,149,199
Trades receivables from brokers and counterparties		77,618		85,746
Trades payables to brokers and counterparties		654		161,452
Recognition of mortgage servicing rights on securitizations or asset transfers		9,611		15,062
Loans sold to a joint venture in exchange for an acquisition loan and an equity
interest in the joint venture		-		194,514
[1] Includes loans securitized into trading securities and subsequently sold before quarter end.

During the quarter ended September 30, 2014 BPNA completed the sale of its Illinois and Central Florida regional operations. As part of these transactions, BPNA made a net cash disbursement of $234.0 million for consideration of the assets and liabilities sold, as follows:

(In thousands)	September 30, 2014
Loans	660,891
Premises and equipment, net	8,440
Other assets	9,021
Deposits	(938,758)
Other liabilities	(1,586)
Net liabilities sold	(261,992)