Investment securities (Tables)

9 Months Ended

Sep. 30, 2014

Available For Sale Securities Text Block

		At September 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	$	591,928	$	1,567	$	685	$	592,810	1.15	%
Total U.S. Treasury securities			591,928		1,567		685		592,810	1.15
Obligations of U.S. Government sponsored entities
	Within 1 year		32,119		417		-		32,536	1.61
	After 1 to 5 years		1,785,955		1,125		12,997		1,774,083	1.22
	After 5 to 10 years		150,621		80		6,124		144,577	1.53
	After 10 years		23,000		-		791		22,209	3.16
Total obligations of U.S. Government sponsored entities			1,991,695		1,622		19,912		1,973,405	1.27
Obligations of Puerto Rico, States and political subdivisions
	Within 1 year		1,755		6		-		1,761	5.41
	After 1 to 5 years		3,790		41		16		3,815	4.96
	After 5 to 10 years		22,452		1		1,728		20,725	5.83
	After 10 years		48,830		55		9,068		39,817	6.23
Total obligations of Puerto Rico, States and political subdivisions			76,827		103		10,812		66,118	6.03
Collateralized mortgage obligations - federal agencies
	After 1 to 5 years		4,235		114		-		4,349	2.62
	After 5 to 10 years		26,540		1,020		7		27,553	2.90
	After 10 years		2,148,305		14,198		59,331		2,103,172	2.06
Total collateralized mortgage obligations - federal agencies			2,179,080		15,332		59,338		2,135,074	2.07
Collateralized mortgage obligations - private label
	After 10 years		6		-		-		6	0.05
Total collateralized mortgage obligations - private label			6		-		-		6	0.05
Mortgage-backed securities
	After 1 to 5 years		30,049		1,674		-		31,723	4.69
	After 5 to 10 years		180,944		8,262		377		188,829	3.41
	After 10 years		680,211		45,664		1,858		724,017	4.06
Total mortgage-backed securities			891,204		55,600		2,235		944,569	3.95
Equity securities (without contractual maturity)			3,178		1,220		157		4,241	6.01
Other
	After 1 to 5 years		9,368		-		51		9,317	1.69
	After 5 to 10 years		2,151		75		-		2,226	3.63
Total other			11,519		75		51		11,543	2.05
Total investment securities available-for-sale		$	5,745,437	$	75,519	$	93,190	$	5,727,766	2.04	%

		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 September 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	$	12,740	$	-	$	5	$	12,735	2.11	%
	After 1 to 5 years		12,830		-		412		12,418	5.95
	After 5 to 10 years		21,325		-		5,240		16,085	6.09
	After 10 years		64,397		1,376		5,498		60,275	2.22
Total obligations of Puerto Rico, States and political subdivisions			111,292		1,376		11,155		101,513	3.38
Collateralized mortgage obligations - federal agencies
	After 5 to 10 years		101		6		-		107	5.45
Total collateralized mortgage obligations - federal agencies			101		6		-		107	5.45
Other
	Within 1 year		250		-		-		250	1.20
	After 1 to 5 years		1,250		-		-		1,250	1.12
Total other			1,500		-		-		1,500	1.13
Total investment securities held-to-maturity		$	112,893	$	1,382	$	11,155	$	103,120	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

		September 30, 2014				December 31, 2013
(In thousands)	Amortized cost		Fair value		Amortized cost		Fair value
FNMA	$	1,883,634	$	1,853,487	$	2,318,171	$	2,266,610
FHLB		887,135		880,513		336,933		326,220
Freddie Mac		1,292,586		1,282,920		1,434,346		1,418,216

Available For Sale Securities Member

Schedule Of Unrealized Loss On Investments Table Text Block

		At September 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
U.S. Treasury securities		$	315,946	$	685	$	-	$	-	$	315,946	$	685
Obligations of U.S. Government sponsored entities			1,103,884		10,762		466,218		9,150		1,570,102		19,912
Obligations of Puerto Rico, States and political
	subdivisions		25,773		2,254		35,107		8,558		60,880		10,812
Collateralized mortgage obligations - federal agencies			767,902		24,824		748,428		34,514		1,516,330		59,338
Mortgage-backed securities			10,230		42		49,805		2,193		60,035		2,235
Equity securities			-		-		1,671		157		1,671		157
Other			-		-		9,317		51		9,317		51
Total investment securities available-for-sale in an
	unrealized loss position	$	2,223,735	$	38,567	$	1,310,546	$	54,623	$	3,534,281	$	93,190

		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 September 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		$	-	$	-	$	71,397	$	11,155	$	71,397	$	11,155
Total investment securities held-to-maturity in an unrealized
	loss position	$	-	$	-	$	71,397	$	11,155	$	71,397	$	11,155

		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