SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Schedule Of Segment Reporting Information By Segment [Text Block]

(In thousands)		Mortgage Banking		Consumer (Retail) Banking		Commercial and Corporate Banking		Treasury and Investments		United States Operations		Virgin Islands Operations		Total
For the Quarter Ended June 30, 2022:
Interest income		$	33,205	$	73,487	$	47,513	$	27,143	$	21,081	$	6,196	$	208,625
Net (charge) credit for transfer of funds			(6,870)		34,039		(16,134)		(10,705)		(330)		-		-
Interest expense			-		(5,129)		-		(4,972)		(2,063)		(275)		(12,439)
Net interest income			26,335		102,397		31,379		11,466		18,688		5,921		196,186
Provision for credit losses - (benefit) expense			(3,605)		15,055		(470)		(35)		(1,678)		736		10,003
Non-interest income (loss)			4,167		19,783		4,448		(51)		678		1,916		30,941
Direct non-interest expenses			5,681		40,546		9,048		905		8,237		6,765		71,182
	Segment income	$	28,426	$	66,579	$	27,249	$	10,545	$	12,807	$	336	$	145,942
Average earnings assets		$	2,243,188	$	2,860,086	$	3,624,176	$	7,769,754	$	2,036,108	$	370,590	$	18,903,902
(In thousands)		Mortgage Banking		Consumer (Retail) Banking		Commercial and Corporate Banking		Treasury and Investments		United States Operations		Virgin Islands Operations		Total
For the Quarter Ended June 30, 2021:
Interest income		$	36,945	$	66,237	$	53,833	$	16,708	$	20,651	$	7,085	$	201,459
Net (charge) credit for transfer of funds			(10,614)		5,901		(2,335)		8,191		(1,143)		-		-
Interest expense			-		(7,387)		-		(5,860)		(3,102)		(327)		(16,676)
Net interest income			26,331		64,751		51,498		19,039		16,406		6,758		184,783
Provision for credit losses expense - expense (benefit)			1,030		791		(27,752)		-		860		(1,084)		(26,155)
Non-interest income			6,137		16,726		4,139		85		1,068		1,729		29,884
Direct non-interest expenses			7,525		43,255		8,298		1,127		9,103		7,301		76,609
	Segment income	$	23,913	$	37,431	$	75,091	$	17,997	$	7,511	$	2,270	$	164,213
Average earnings assets		$	2,563,768	$	2,491,583	$	3,888,725	$	7,588,530	$	2,103,002	$	438,928	$	19,074,536

(In thousands)		Mortgage Banking		Consumer (Retail) Banking		Commercial and Corporate Banking		Treasury and Investments		United States Operations		Virgin Islands Operations		Total
Six-Month Period Ended June 30, 2022
Interest income		$	66,276	$	143,924	$	94,540	$	49,327	$	39,938	$	12,474	$	406,479
Net (charge) credit for transfer of funds			(14,162)		58,321		(22,746)		(20,654)		(759)		-		-
Interest expense			-		(10,302)		-		(9,798)		(4,009)		(560)		(24,669)
Net interest income			52,114		191,943		71,794		18,875		35,170		11,914		381,810
Provision for credit losses - (benefit) expense			(7,308)		26,199		(17,092)		(423)		(5,225)		50		(3,799)
Non-interest income (loss)			9,419		40,246		9,002		(163)		1,422		3,873		63,799
Direct non-interest expenses			12,587		79,817		17,907		1,790		16,716		13,738		142,555
	Segment income	$	56,254	$	126,173	$	79,981	$	17,345	$	25,101	$	1,999	$	306,853
Average earnings assets		$	2,268,279	$	2,810,062	$	3,662,720	$	7,931,699	$	2,050,791	$	374,358	$	19,097,909
(In thousands)		Mortgage Banking		Consumer (Retail) Banking		Commercial and Corporate Banking		Treasury and Investments		United States Operations		Virgin Islands Operations		Total
Six-Month Period Ended June 30, 2021
Interest income		$	74,005	$	131,970	$	105,291	$	29,470	$	40,983	$	14,382	$	396,101
Net (charge) credit for transfer of funds			(22,434)		6,956		(4,812)		23,125		(2,835)		-		-
Interest expense			-		(15,692)		-		(11,973)		(6,719)		(669)		(35,053)
Net interest income			51,571		123,234		100,479		40,622		31,429		13,713		361,048
Provision for credit losses - expense (benefit)			244		4,753		(44,931)		(127)		623		(1,969)		(41,407)
Non-interest income			13,253		33,969		8,036		141		2,043		3,398		60,840
Direct non-interest expenses			15,522		84,346		19,836		2,361		17,397		14,706		154,168
	Segment income	$	49,058	$	68,104	$	133,610	$	38,529	$	15,452	$	4,374	$	309,127
Average earnings assets		$	2,611,065	$	2,467,015	$	3,957,859	$	6,921,007	$	2,090,898	$	444,201	$	18,492,045

Reconciliation of the Reportable Segment Financial Information [Table Text Block]

			Quarter Ended				Six-Month Period Ended
			June 30,				June 30,
			2022		2021		2022		2021
(In thousands)
Net income:
	Total income for segments		$	145,942	$	164,213	$	306,853	$	309,127
	Other operating expenses (1)			37,144		53,563		72,430		109,305
	Income before income taxes			108,798		110,650		234,423		199,822
	Income tax expense			34,103		40,092		77,128		68,114
		Total consolidated net income	$	74,695	$	70,558	$	157,295	$	131,708
Average assets:
	Total average earning assets for segments		$	18,903,902	$	19,074,536	$	19,097,909	$	18,492,045
	Average non-earning assets			820,924		1,109,941		890,043		1,146,337
		Total consolidated average assets	$	19,724,826	$	20,184,477	$	19,987,952	$	19,638,382
(1)	Expenses pertaining to corporate administrative functions that support the operating segment, but are not specifically attributable to or managed by any segment, are not included in the reported financial results of the operating segments. The unallocated corporate expenses include certain general and administrative expenses and related depreciation and amortization expenses.