XML 112 R97.htm IDEA: XBRL DOCUMENT v3.22.4
LOANS HELD FOR INVESTMENT - Additional Information (Detail) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable Unamortized Loan Fee Cost     $ 11,200 $ 4,300    
Financing Receivable, before Allowance for Credit Loss     11,552,825 11,060,658    
Interest Receivable     69,730 61,507    
Financing Receivable Allowance For Credit Losses   $ 385,887 260,464 269,030 $ 385,887 $ 155,139
Financing Receivable, Allowance for Credit Loss, Writeoff     57,330 80,710 64,540  
Loans and finance leases     25,679 (61,720) 168,717  
Interest Income Recognized on Nonaccrual Loans     1,500 2,300 2,000  
Finance lease, unearned income     99,200 75,800    
Unearned income     103,400 79,000    
Asset Pledged as Collateral [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     4,300,000 4,100,000    
Asset Pledged as Collateral [Member] | Federal Home Loan Bank Advances [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     1,800,000 1,800,000    
Asset Pledged as Collateral [Member] | Federal Reserve Bank Advances [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     2,200,000 2,100,000    
TDR [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, Troubled Debt Restructuring   36,319 366,700   36,319  
Puerto Rico [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Loans and Leases Receivable, Gross   9,367,032 $ 9,097,013 8,755,434 9,367,032  
Puerto Rico [Member] | Product Concentration Risk [Member] | Loan Portfolio [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Credit risk concentration     79.00%      
United States [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     $ 2,088,351 1,946,740    
Loans and Leases Receivable, Gross   1,993,797 $ 2,088,351 1,948,716 1,993,797  
United States [Member] | Product Concentration Risk [Member] | Loan Portfolio [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Credit risk concentration     18.00%      
USVI and BVI [Member] | Product Concentration Risk [Member] | Loan Portfolio [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Credit risk concentration     3.00%      
USVI [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Loans and Leases Receivable, Gross   466,749 $ 379,767 391,663 466,749  
Performing loans [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, Troubled Debt Restructuring     328,100 363,400    
Nonaccrual loans [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable Accrued Interest Writeoff     $ 1,700 $ 2,000 1,900  
Collateral Pledged [Member] | Weighted Average [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
LTV Coverage %     70.00% 78.00%    
Loans and Finance Receivables [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Interest Receivable     $ 53,100 $ 48,100    
Commercial And Industrial Sector [Member] | Collateral Pledged [Member] | Puerto Rico [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Increase (decrease) in loans     $ 16,200      
Commercial And Industrial Sector [Member] | Collateral Pledged [Member] | Weighted Average [Member] | Puerto Rico [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
LTV Coverage %     116.00%      
GNMA [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Loans pooled amount   219,600 $ 144,500 190,800 219,600  
Recognized gain on sale     4,200 8,800 9,900  
Residential Portfolio Segment [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Servicing Portfolio     3,900,000 4,000,000    
Financing Receivable, before Allowance for Credit Loss     2,847,290 2,978,895    
Residential mortgage loans in process of foreclosure     $ 72,400      
Loans Foreclosure Delinquency Threshold     120 days      
Financing Receivable, Real Estate Acquired Through Foreclosure [Policy Text Block]    
The
 
Corporation
commences
 
the
 
foreclosure
 
process
 
on
 
residential
 
real
 
estate
 
loans
 
when
 
a
 
borrower
 
becomes
120
 
days
 
delinquent.
 
Foreclosure
procedures
 
and
 
timelines
 
vary
 
depending
 
on
 
whether
 
the
 
property
 
is
 
located
 
in
 
a
 
judicial
 
or
 
non-judicial
 
state.
 
Occasionally,
foreclosures may be delayed due to, among other reasons, mandatory
 
mediations, bankruptcy,
 
court delays, and title issues.
      
Financing Receivable Allowance For Credit Losses   120,311 $ 62,760 74,837 120,311 44,806
Financing Receivable, Allowance for Credit Loss, Writeoff     6,890 33,294 11,017  
Loans and finance leases     (8,734) (16,957) 22,427  
Residential Portfolio Segment [Member] | Puerto Rico [Member] | Government [Member] | PRHFA [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     84,700 92,800    
Residential Portfolio Segment [Member] | United States [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     429,390 429,322    
Residential Portfolio Segment [Member] | Performing loans [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     2,804,518 2,923,768    
Residential Portfolio Segment [Member] | Performing loans [Member] | United States [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     422,089 422,170    
Residential Portfolio Segment [Member] | Nonaccrual loans [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     42,772 55,127    
Financing Receivable, Sale $ 54,500          
Financing Receivable Significant Sales Book Value 52,500          
Escrow Deposit Related To Loans Sold 2,000          
Proceeds From Sale Of Loans Receivable $ 31,500          
Financing Receivable, Percent Of Book Value Before Reserves 58.00%          
Financing Receivable, Allowance for Credit Loss, Writeoff $ 23,100          
Residential Portfolio Segment [Member] | Nonaccrual loans [Member] | Loans Sold [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable Allowance For Credit Losses 20,900          
Financing Receivable, Allowance for Credit Loss, Writeoff 23,100          
Loans and finance leases $ 2,100          
Residential Portfolio Segment [Member] | Nonaccrual loans [Member] | United States [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     7,301 7,152    
Residential Portfolio Segment [Member] | PCD loans [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     101,700      
Residential mortgage loans in process of foreclosure     10,000      
Residential Portfolio Segment [Member] | Conventional residential mortgage loans [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     2,729,132 2,853,503    
Residential Portfolio Segment [Member] | Conventional residential mortgage loans [Member] | TDR [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, Troubled Debt Restructuring   8,307 240,600   8,307  
Loans in trial     700      
Residential Portfolio Segment [Member] | Conventional residential mortgage loans [Member] | United States [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     428,648 428,582    
Residential Portfolio Segment [Member] | Conventional residential mortgage loans [Member] | Performing loans [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     2,686,360 2,798,376    
Residential Portfolio Segment [Member] | Conventional residential mortgage loans [Member] | Performing loans [Member] | United States [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     421,347 421,430    
Residential Portfolio Segment [Member] | Conventional residential mortgage loans [Member] | Nonaccrual loans [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     42,772 55,127    
Residential Portfolio Segment [Member] | Conventional residential mortgage loans [Member] | Nonaccrual loans [Member] | United States [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     7,301 7,152    
Residential Portfolio Segment [Member] | FHA/VA government-guaranteed loans [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     118,158 125,392    
Residential mortgage loans in process of foreclosure     29,400      
Financing Receivable, Troubled Debt Restructuring     53,900 57,600    
Residential Portfolio Segment [Member] | FHA/VA government-guaranteed loans [Member] | United States [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     742 740    
Residential Portfolio Segment [Member] | FHA/VA government-guaranteed loans [Member] | Performing loans [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     118,158 125,392    
Residential Portfolio Segment [Member] | FHA/VA government-guaranteed loans [Member] | Performing loans [Member] | United States [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     742 740    
Residential Portfolio Segment [Member] | FHA/VA government-guaranteed loans [Member] | Nonaccrual loans [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     0 0    
Residential Portfolio Segment [Member] | FHA/VA government-guaranteed loans [Member] | Nonaccrual loans [Member] | United States [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     0 0    
Residential Portfolio Segment [Member] | FNMA and FHLMC Loans            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, Purchase     400 300 42  
Residential Portfolio Segment [Member] | FNMA and FHLMC Loans | Performing loans [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Gain from sale of loans     4,200 11,400 8,300  
Residental mortgage loans sold     93,800 328,200 255,000  
Residential Portfolio Segment [Member] | GNMA [Member] | Repurchase Option Program [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     10,400 7,200    
Financing Receivable, Purchase     8,200 1,100 55,000  
Commercial Portfolio Segment [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Servicing Portfolio     305,100 383,500    
Commercial Portfolio Segment [Member] | Puerto Rico [Member] | Government [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     169,800 178,400    
Commercial Portfolio Segment [Member] | Puerto Rico [Member] | Government [Member] | PREPA [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     10,800      
Commercial Portfolio Segment [Member] | Puerto Rico [Member] | Government [Member] | Property Tax Revenue [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     102,700      
Commercial Portfolio Segment [Member] | Puerto Rico [Member] | Government [Member] | Municipal Special Obligation Bond [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     28,900      
Commercial Portfolio Segment [Member] | United States [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, Sale       43,100    
Commercial Portfolio Segment [Member] | USVI [Member] | Government [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     $ 38,000 39,200    
Commercial Portfolio Segment [Member] | COVID-19 [Member] | Federal Home Loan Bank Of New York [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, Sale   175,100        
Loan Originations   184,400        
Loan Originations Number Of Agreements     23      
Commercial Portfolio Segment [Member] | PCD loans [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     $ 1,900      
Commercial Portfolio Segment [Member] | Construction loans [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     132,953 138,999    
Financing Receivable Allowance For Credit Losses   5,380 2,308 4,048 5,380 2,370
Financing Receivable, Allowance for Credit Loss, Writeoff     123 87 76  
Loans and finance leases     (2,342) (1,408) 2,105  
Commercial Portfolio Segment [Member] | Construction loans [Member] | TDR [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, Troubled Debt Restructuring   0 1,200   0  
Commercial Portfolio Segment [Member] | Construction loans [Member] | Puerto Rico [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, Sale     3,100      
Commercial Portfolio Segment [Member] | Construction loans [Member] | United States [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     98,181 95,866    
Commercial Portfolio Segment [Member] | Central Government [Member] | Puerto Rico [Member] | Government [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     27,400      
Commercial Portfolio Segment [Member] | Mortgage Receivable [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     2,358,851 2,167,469    
Financing Receivable Allowance For Credit Losses   109,342 35,064 52,771 109,342 39,194
Financing Receivable, Allowance for Credit Loss, Writeoff     85 1,494 3,330  
Loans and finance leases     (18,994) (55,358) 81,125  
Commercial Portfolio Segment [Member] | Mortgage Receivable [Member] | TDR [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, Troubled Debt Restructuring   824 63,300   824  
Commercial Portfolio Segment [Member] | Mortgage Receivable [Member] | United States [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     524,647 465,238    
Commercial Portfolio Segment [Member] | Commercial And Industrial Sector [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     2,886,263 2,887,251    
Financing Receivable Allowance For Credit Losses   37,944 32,906 34,284 37,944 15,198
Financing Receivable, Allowance for Credit Loss, Writeoff     2,067 1,887 3,634  
Loans and finance leases     (1,770) (8,549) 6,627  
Commercial Portfolio Segment [Member] | Commercial And Industrial Sector [Member] | TDR [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, Troubled Debt Restructuring   22,524 49,600   22,524  
Commercial Portfolio Segment [Member] | Commercial And Industrial Sector [Member] | Puerto Rico [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, Sale     35,200      
Commercial Portfolio Segment [Member] | Commercial And Industrial Sector [Member] | United States [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     1,026,154 940,654    
Financing Receivable, Purchase     135,400 174,700 40,000  
Commercial Portfolio Segment [Member] | Commercial And Industrial Sector [Member] | United States [Member] | Criticized [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, Sale     23,900      
Consumer Portfolio Segment [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     3,327,468 2,888,044    
Financing Receivable Allowance For Credit Losses   $ 112,910 127,426 103,090 112,910 $ 53,571
Financing Receivable, Allowance for Credit Loss, Writeoff     48,165 43,948 46,483  
Loans and finance leases     57,519 20,552 $ 56,433  
Consumer Portfolio Segment [Member] | TDR [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, Troubled Debt Restructuring     12,000      
Outstanding unfunded commitments on TDR loans     4      
Consumer Portfolio Segment [Member] | United States [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     9,979 15,660    
Consumer Portfolio Segment [Member] | Performing loans [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     3,312,662 2,877,590    
Consumer Portfolio Segment [Member] | Performing loans [Member] | United States [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     9,784 15,527    
Consumer Portfolio Segment [Member] | Nonaccrual loans [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     14,806 10,454    
Consumer Portfolio Segment [Member] | Nonaccrual loans [Member] | United States [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing Receivable, before Allowance for Credit Loss     $ 195 $ 133