Other Real Estate Owned (Tables)

12 Months Ended

Dec. 31, 2017

Other Real Estate

Other Real Estate Owned Roll Forward [Table Text Block]

		For the year ended December 31, 2017
		Non-covered		Non-covered		Covered
		OREO		OREO		OREO
(In thousands)		Commercial/ Construction		Mortgage		Mortgage		Total
Balance at beginning of period	$	20,401	$	160,044	$	32,128	$	212,573
Write-downs in value[1]		(5,011)		(16,876)		(3,311)		(25,198)
Additions		8,918		70,763		9,912		89,593
Sales		(2,765)		(68,145)		(16,273)		(87,183)
Other adjustments		(132)		2,063		(2,861)		(930)
Ending balance	$	21,411	$	147,849	$	19,595	$	188,855
[1] Includes $2.7 million related to the damages from Hurricane Maria, of which $1.3 million were for commercial and $1.4 million for residential.

		For the year ended December 31, 2016
		Non-covered		Non-covered		Covered
		OREO		OREO		OREO
(In thousands)		Commercial/ Construction		Mortgage		Mortgage		Total
Balance at beginning of period	$	32,471	$	122,760	$	36,685	$	191,916
Write-downs in value		(2,909)		(9,889)		(2,273)		(15,071)
Additions		7,372		105,140		17,588		130,100
Sales		(15,894)		(56,826)		(18,206)		(90,926)
Other adjustments		(639)		(1,141)		(1,666)		(3,446)
Ending balance	$	20,401	$	160,044	$	32,128	$	212,573

		For the year ended December 31, 2015
		Non-covered		Non-covered		Covered		Covered
		OREO		OREO		OREO		OREO
(In thousands)		Commercial/ Construction		Mortgage		Commercial/ Construction		Mortgage		Total
Balance at beginning of period	$	38,983	$	96,517	$	85,394	$	44,872	$	265,766
Write-downs in value		(13,356)		(8,567)		(20,350)		(3,891)		(46,164)
Additions		17,671		86,040		9,661		25,019		138,391
Sales		(25,065)		(53,782)		(59,749)		(25,990)		(164,586)
Other adjustments		(266)		(540)		(452)		(233)		(1,491)
Transfer to non-covered status[1]		14,504		3,092		(14,504)		(3,092)		-
Ending balance	$	32,471	$	122,760	$	-	$	36,685	$	191,916
[1] Represents the reclassification of OREOs to the non-covered category, pursuant to the expiration of the commercial and consumer shared-loss arrangement with the FDIC related to loans acquired from Westernbank, on June 30, 2015.