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REGULATORY MATTERS, COMMITMENTS AND CONTINGENCIES (Tables)
6 Months Ended
Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]  
Corporations and its banking subsidiarys regulatory capital positions [Table Text Block]

 

 

 

 

 

 

 

 

 

 

Regulatory Requirements

 

 

 

 

Actual

 

 

For Capital Adequacy Purposes

 

 

To be Well-Capitalized- Thresholds

 

 

 

 

 

 

 

 

 

 

 

 

Amount

 

Ratio

 

Amount

 

Ratio

 

Amount

 

Ratio

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of June 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Capital (to Risk-Weighted Assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

First BanCorp.

 

$

2,378,124

 

19.67

%

 

$

966,978

 

8.0

%

 

 

N/A

 

N/A

 

 

 

FirstBank

 

$

2,290,652

 

18.96

%

 

$

966,755

 

8.0

%

 

$

1,208,444

 

10.0

%

CET1 Capital (to Risk-Weighted Assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

First BanCorp.

 

$

2,049,120

 

16.95

%

 

$

543,925

 

4.5

%

 

 

N/A

 

N/A

 

 

 

FirstBank

 

$

2,039,899

 

16.88

%

 

$

543,800

 

4.5

%

 

$

785,488

 

6.5

%

Tier I Capital (to Risk-Weighted Assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

First BanCorp.

 

$

2,049,120

 

16.95

%

 

$

725,234

 

6.0

%

 

 

N/A

 

N/A

 

 

 

FirstBank

 

$

2,139,899

 

17.71

%

 

$

725,066

 

6.0

%

 

$

966,755

 

8.0

%

Leverage ratio

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

First BanCorp.

 

$

2,049,120

 

10.18

%

 

$

805,294

 

4.0

%

 

 

N/A

 

N/A

 

 

 

FirstBank

 

$

2,139,899

 

10.63

%

 

$

804,971

 

4.0

%

 

$

1,006,214

 

5.0

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Capital (to Risk-Weighted Assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

First BanCorp.

 

$

2,433,953

 

20.50

%

 

$

949,637

 

8.0

%

 

 

N/A

 

N/A

 

 

 

FirstBank

 

$

2,401,390

 

20.23

%

 

$

949,556

 

8.0

%

 

$

1,186,944

 

10.0

%

CET1 Capital (to Risk-Weighted Assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

First BanCorp.

 

$

2,112,630

 

17.80

%

 

$

534,171

 

4.5

%

 

 

N/A

 

N/A

 

 

 

FirstBank

 

$

2,150,317

 

18.12

%

 

$

534,125

 

4.5

%

 

$

771,514

 

6.5

%

Tier I Capital (to Risk-Weighted Assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

First BanCorp.

 

$

2,112,630

 

17.80

%

 

$

712,228

 

6.0

%

 

 

N/A

 

N/A

 

 

 

FirstBank

 

$

2,258,317

 

19.03

%

 

$

712,167

 

6.0

%

 

$

949,556

 

8.0

%

Leverage ratio

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

First BanCorp.

 

$

2,112,630

 

10.14

%

 

$

833,091

 

4.0

%

 

 

N/A

 

N/A

 

 

 

FirstBank

 

$

2,258,317

 

10.85

%

 

$

832,773

 

4.0

%

 

$

1,040,967

 

5.0

%