Other Real Estate Owned (Tables)

6 Months Ended

Jun. 30, 2019

Other Real Estate [Abstract]

Other Real Estate Owned Roll Forward [Table Text Block]

		For the quarter ended June 30, 2019
		Non-covered		Non-covered
		OREO		OREO
(In thousands)		Commercial/Construction		Mortgage		Total
Balance at beginning of period	$	20,879	$	104,599	$	125,478
Write-downs in value		(408)		(1,541)		(1,949)
Additions		2,009		16,706		18,715
Sales		(3,932)		(19,227)		(23,159)
Other adjustments		-		(234)		(234)
Ending balance	$	18,548	$	100,303	$	118,851

		For the six months ended June 30, 2019
		Non-covered		Non-covered
		OREO		OREO
(In thousands)		Commercial/Construction		Mortgage		Total
Balance at beginning of period	$	21,794	$	114,911	$	136,705
Write-downs in value		(979)		(3,151)		(4,130)
Additions		3,179		24,470		27,649
Sales		(5,446)		(35,560)		(41,006)
Other adjustments		-		(367)		(367)
Ending balance	$	18,548	$	100,303	$	118,851

			For the quarter ended June 30, 2018
			Non-covered		Non-covered		Covered
			OREO		OREO		OREO
(In thousands)			Commercial/Construction		Mortgage		Mortgage		Total
Balance at beginning of period		$	25,635	$	127,426	$	15,333	$	168,394
Write-downs in value			(748)		(4,025)		-		(4,773)
Additions			2,638		2,546		-		5,184
Sales			(2,234)		(24,450)		-		(26,684)
Other adjustments			(29)		(29)		-		(58)
Transfer to non-covered status[1]			-		15,333		(15,333)		-
Ending balance		$	25,262	$	116,801	$	-	$	142,063
[1]	Represents the reclassification of OREOs to the non-covered category, pursuant to the Termination Agreement of all shared-loss agreements with the Federal Deposit Insurance Corporation related to loans acquired from Westernbank, that was completed on May 22, 2018.

			For the six months ended June 30, 2018
			Non-covered		Non-covered		Covered
			OREO		OREO		OREO
(In thousands)			Commercial/Construction		Mortgage		Mortgage		Total
Balance at beginning of period		$	21,411	$	147,849	$	19,595	$	188,855
Write-downs in value			(1,402)		(6,539)		(287)		(8,228)
Additions			7,041		5,530		-		12,571
Sales			(2,623)		(44,755)		(3,282)		(50,660)
Other adjustments			835		(617)		(693)		(475)
Transfer to non-covered status[1]			-		15,333		(15,333)		-
Ending balance		$	25,262	$	116,801	$	-	$	142,063
[1]	Represents the reclassification of OREOs to the non-covered category, pursuant to the Termination Agreement of all shared-loss agreements with the Federal Deposit Insurance Corporation related to loans acquired from Westernbank, that was completed on May 22, 2018.