Supplemental disclosure on the consolidated statements of cash flows

6 Months Ended

Jun. 30, 2015

Supplemental Cash Flow Information [Abstract]

Cash Flow Supplemental Disclosures [Text Block]

Note 37–Supplemental disclosure on the consolidated statements of cash flows

Additional disclosures on cash flow information and non-cash activities for the sixmonths ended June 30,2015 and June 30,2014 are listed in the following table:

(In thousands)		June 30, 2015		June 30, 2014
Non-cash activities:
Loans transferred to other real estate	$	67,199	$	82,338
Loans transferred to other property		19,103		20,492
Total loans transferred to foreclosed assets		86,302		102,830
Transfers from loans held-in-portfolio to loans held-for-sale		61,290		1,868,420
Transfers from loans held-for-sale to loans held-in-portfolio		8,523		3,245
Transfers from trading securities to available-for-sale securities		5,523		-
Loans securitized into investment securities[1]		517,265		472,891
Trades receivable from brokers and counterparties[2]		111,964		519,495
Trades payable to brokers and counterparties		73,155		45,893
Recognition of mortgage servicing rights on securitizations or asset transfers		7,302		6,692
[1] Includes loans securitized into trading securities and subsequently sold before quarter end.
[2] Includes $441 million of trades receivable as of June 30, 2014, related to the issuance of $450 million in Senior Notes, which settled on July 1, 2014, net of debt issuance costs of $9 million.

As previously disclosed in Note 5, Business Combination, on February 27, 2015, the Corporation’s Puerto Rico banking subsidiary, BPPR, in an alliance with co-bidders, including the Corporation’s U.S. mainland banking subsidiary, PCB, acquired certain assets and all deposits (other than certain brokered deposits) of Doral Bank from the FDIC as receiver.As part of this transaction, BPPRreceived net cash proceeds of approximately $ 738 million for consideration of the assets and liabilities acquired.