Transfers of financial assets and mortgage servicing assets (Tables)

6 Months Ended

Jun. 30, 2021

Transfers and Servicing of Financial Assets

Schedule Of Securitizations Of Financial Assets Accounted For As Sale [Text Block]

		Proceeds Obtained During the Quarter Ended June 30, 2021
(In thousands)	Level 1		Level 2		Level 3		Initial Fair Value
Assets
Trading account debt securities:
Mortgage-backed securities - GNMA	$	-	$	106,729	$	-	$	106,729
Mortgage-backed securities - FNMA		-		72,555		-		72,555
Mortgage-backed securities - FHLMC		-		13,501		-		13,501
Total trading account debt securities	$	-	$	192,785	$	-	$	192,785
Mortgage servicing rights	$	-	$	-	$	2,880	$	2,880
Total	$	-	$	192,785	$	2,880	$	195,665

		Proceeds Obtained During the Six Months Ended June 30, 2021
(In thousands)	Level 1		Level 2		Level 3		Initial Fair Value
Assets
Trading account debt securities:
Mortgage-backed securities - GNMA	$	-	$	208,717	$	-	$	208,717
Mortgage-backed securities - FNMA		-		158,835		-		158,835
Mortgage-backed securities - FHLMC		-		13,501		-		13,501
Total trading account debt securities	$	-	$	381,053	$	-	$	381,053
Mortgage servicing rights	$	-	$	-	$	5,689	$	5,689
Total	$	-	$	381,053	$	5,689	$	386,742

		Proceeds Obtained During the Quarter Ended June 30, 2020
(In thousands)	Level 1		Level 2		Level 3		Initial Fair Value
Assets
Trading account debt securities:
Mortgage-backed securities - GNMA	$	-	$	63,384	$	-	$	63,384
Mortgage-backed securities - FNMA		-		5,941		-		5,941
Total trading account debt securities	$	-	$	69,325	$	-	$	69,325
Mortgage servicing rights	$	-	$	-	$	1,100	$	1,100
Total	$	-	$	69,325	$	1,100	$	70,425

		Proceeds Obtained During the Six Months Ended June 30, 2020
(In thousands)	Level 1		Level 2		Level 3		Initial Fair Value
Assets
Trading account debt securities:
Mortgage-backed securities - GNMA	$	-	$	114,032	$	-	$	114,032
Mortgage-backed securities - FNMA		-		39,514		-		39,514
Total trading account debt securities	$	-	$	153,546	$	-	$	153,546
Mortgage servicing rights	$	-	$	-	$	2,587	$	2,587
Total	$	-	$	153,546	$	2,587	$	156,133

Schedule Of Servicing Assets At Fair Value Text Block

Residential MSRs
(In thousands)	June 30, 2021		June 30, 2020
Fair value at beginning of period	$	118,395	$	150,906
Additions		6,809		3,107
Changes due to payments on loans [1]		(8,012)		(4,989)
Reduction due to loan repurchases		(851)		(518)
Changes in fair value due to changes in valuation model inputs or assumptions		3,126		(7,386)
Other		-		24
Fair value at end of period [2]	$	119,467	$	141,144
[1] Represents changes due to collection / realization of expected cash flows over time.
[2] At June 30, 2021, PB had MSRs amounting to $1.3 million (June 30, 2020 - $0.2 million).

Schedule Of Assumptions For Fair Value On Securitization Date Of Interests Continued To Be Held By Transferor Servicing Assets Or Servicing Liabilities Text Block

	Quarters ended								Six months ended
	June 30, 2021				June 30, 2020				June 30, 2021				June 30, 2020
	BPPR		PB		BPPR		PB		BPPR		PB		BPPR		PB
Prepayment speed	5.9	%	12.5	%	7.2	%	22.7	%	7.4	%	21.2	%	6.5	%	22.7	%
Weighted average life (in years)	8.9		6.0		8.8		3.5		8.0		9.5		9.3		3.5
Discount rate (annual rate)	10.4	%	11.0	%	10.8	%	9.5	%	10.5	%	11.0	%	10.8	%	9.5	%

Schedule of Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets

		Originated MSRs						Purchased MSRs
		June 30,			December 31,			June 30,			December 31,
(In thousands)		2021			2020			2021			2020
Fair value of servicing rights		$	41,310		$	44,129		$	78,157		$	74,266
Weighted average life (in years)			6.2			6.2			6.2			5.9
Weighted average prepayment speed (annual rate)			6.0	%		6.6	%		6.1	%		7.1	%
	Impact on fair value of 10% adverse change	$	(926)		$	(1,115)		$	(1,964)		$	(2,206)
	Impact on fair value of 20% adverse change	$	(1,826)		$	(2,194)		$	(3,856)		$	(4,312)
Weighted average discount rate (annual rate)			11.3	%		11.3	%		11.0	%		11.1	%
	Impact on fair value of 10% adverse change	$	(1,499)		$	(1,640)		$	(3,011)		$	(2,740)
	Impact on fair value of 20% adverse change	$	(2,904)		$	(3,175)		$	(5,816)		$	(5,301)