XML 80 R70.htm IDEA: XBRL DOCUMENT v3.23.3
LOANS HELD FOR INVESTMENT - Additional Information (Detail) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Interest Receivable $ 68,783,000   $ 68,783,000   $ 69,730,000
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff 20,259,000 $ 14,062,000 62,260,000 $ 39,369,000  
Loans and finance leases 10,643,000 14,352,000 47,669,000 10,028,000  
Interest Income Recognized on Nonaccrual Loans 400,000 300,000 1,400,000 1,000,000.0  
Loans modified to borrowers experiencing financial difficulty 4,143,000   37,965,000    
Revolving loans converted to term loans 0   0   0
Loans held for investment 11,950,932,000   11,950,932,000   11,552,825,000
Asset Pledged as Collateral [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 4,400,000,000   4,400,000,000   4,300,000,000
Asset Pledged as Collateral [Member] | Federal Home Loan Bank Borrowings [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 1,800,000,000   1,800,000,000   1,800,000,000
Asset Pledged as Collateral [Member] | Federal Reserve Bank Advances [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 2,400,000,000   2,400,000,000   2,200,000,000
Past Due [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans modified to borrowers experiencing financial difficulty     358,000    
Unisured Portion Of Government Deposits [Member] | Asset Pledged as Collateral [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 68,200,000   $ 68,200,000   123,700,000
Puerto Rico [Member] | Product Concentration Risk [Member] | Loans and Finance Receivables [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]          
Loans held for investment 2,044,643,000   $ 2,044,643,000   $ 2,088,351,000
United States [Member] | Product Concentration Risk [Member] | Loans and Finance Receivables [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Credit risk concentration     17.00%    
USVI and BVI [Member] | Product Concentration Risk [Member] | Loans and Finance Receivables [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Credit risk concentration     4.00%    
Nonaccrual loans [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Financing Receivable Accrued Interest Writeoff $ 900,000 500,000 $ 2,000,000.0 1,200,000  
Collateral Pledged [Member] | Weighted Average [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
LTV Coverage % 72.00%   72.00%   70.00%
Loans and Finance Receivables [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Interest Receivable $ 55,200,000   $ 55,200,000   $ 53,100,000
GNMA [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans pooled amount 102,900,000 115,700,000 102,900,000 115,700,000  
Recognized gain on sale     2,200,000 3,200,000  
Residential Portfolio Segment [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Residential mortgage loans in process of foreclosure 43,800,000   $ 43,800,000    
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, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff 499,000 1,466,000 $ 2,628,000 6,073,000  
Loans and finance leases (3,349,000) 755,000 (6,776,000) (6,913,000)  
Loans held for investment 2,812,631,000   2,812,631,000   2,847,290,000
Residential Portfolio Segment [Member] | Puerto Rico [Member] | Government [Member] | PRHFA [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 79,300,000   79,300,000   84,700,000
Residential Portfolio Segment [Member] | United States [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff     6,000    
Loans held for investment 458,952,000   458,952,000   429,390,000
Residential Portfolio Segment [Member] | Performing loans [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 2,780,685,000   2,780,685,000   2,804,518,000
Residential Portfolio Segment [Member] | Performing loans [Member] | United States [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 452,255,000   452,255,000   422,089,000
Residential Portfolio Segment [Member] | Nonaccrual loans [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 31,946,000   31,946,000   42,772,000
Residential Portfolio Segment [Member] | Nonaccrual loans [Member] | United States [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 6,697,000   6,697,000   7,301,000
Residential Portfolio Segment [Member] | PCD loans [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Residential mortgage loans in process of foreclosure 6,100,000   6,100,000    
Residential Portfolio Segment [Member] | Conventional residential mortgage loans [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans modified to borrowers experiencing financial difficulty 401,000   1,536,000    
Loans held for investment 2,708,535,000   2,708,535,000   2,729,132,000
Residential Portfolio Segment [Member] | Conventional residential mortgage loans [Member] | Past Due [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans modified to borrowers experiencing financial difficulty     71,000    
Residential Portfolio Segment [Member] | Conventional residential mortgage loans [Member] | United States [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 457,988,000   457,988,000   428,648,000
Residential Portfolio Segment [Member] | Conventional residential mortgage loans [Member] | Performing loans [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 2,676,589,000   2,676,589,000   2,686,360,000
Residential Portfolio Segment [Member] | Conventional residential mortgage loans [Member] | Performing loans [Member] | United States [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 451,291,000   451,291,000   421,347,000
Residential Portfolio Segment [Member] | Conventional residential mortgage loans [Member] | Nonaccrual loans [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 31,946,000   31,946,000   42,772,000
Residential Portfolio Segment [Member] | Conventional residential mortgage loans [Member] | Nonaccrual loans [Member] | United States [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 6,697,000   6,697,000   7,301,000
Residential Portfolio Segment [Member] | FHA/VA government-guaranteed loans [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Residential mortgage loans in process of foreclosure 18,400,000   18,400,000    
Loans modified to borrowers experiencing financial difficulty 900,000   3,200,000    
Loans held for investment 104,096,000   104,096,000   118,158,000
Residential Portfolio Segment [Member] | FHA/VA government-guaranteed loans [Member] | United States [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 964,000   964,000   742,000
Residential Portfolio Segment [Member] | FHA/VA government-guaranteed loans [Member] | Performing loans [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 104,096,000   104,096,000   118,158,000
Residential Portfolio Segment [Member] | FHA/VA government-guaranteed loans [Member] | Performing loans [Member] | United States [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 964,000   964,000   742,000
Residential Portfolio Segment [Member] | FHA/VA government-guaranteed loans [Member] | Nonaccrual loans [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 0   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]          
Loans held for investment 0   0   0
Residential Portfolio Segment [Member] | FNMA and FHLMC Loans | Performing loans [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Gain from sale of loans     700,000 4,000,000.0  
Residential mortgage loans sold     28,600,000 90,800,000  
Residential Portfolio Segment [Member] | GNMA [Member] | Repurchase Option Program [Member] | Past Due [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Financing Receivable, Purchase     2,500,000 8,200,000  
Loans held for investment 8,500,000   8,500,000   10,400,000
Commercial Portfolio Segment [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Financing Receivable, Sale     0    
Commercial Portfolio Segment [Member] | Puerto Rico [Member] | Government [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 185,000,000.0   185,000,000.0   169,800,000
Commercial Portfolio Segment [Member] | Puerto Rico [Member] | Government [Member] | PREPA [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 8,900,000   8,900,000    
Commercial Portfolio Segment [Member] | Puerto Rico [Member] | Government [Member] | Property Tax Revenue [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 115,800,000   115,800,000    
Commercial Portfolio Segment [Member] | Puerto Rico [Member] | Government [Member] | Municipal Special Obligation Bond [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 25,600,000   25,600,000    
Commercial Portfolio Segment [Member] | USVI [Member] | Government [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 87,500,000   87,500,000   38,000,000.0
Commercial Portfolio Segment [Member] | Construction loans [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff 4,000 63,000 42,000 123,000  
Loans and finance leases (642,000) (179,000) 1,420,000 (2,242,000)  
Loans modified to borrowers experiencing financial difficulty 0   0    
Loans held for investment 202,774,000   202,774,000   132,953,000
Commercial Portfolio Segment [Member] | Construction loans [Member] | Past Due [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans modified to borrowers experiencing financial difficulty     0    
Commercial Portfolio Segment [Member] | Construction loans [Member] | United States [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff     0    
Loans held for investment 100,447,000   100,447,000   98,181,000
Commercial Portfolio Segment [Member] | Central Government [Member] | Puerto Rico [Member] | Government [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 34,700,000   34,700,000    
Commercial Portfolio Segment [Member] | Mortgage Receivable [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff 1,000 3,000 107,000 42,000  
Loans and finance leases (1,344,000) (2,383,000) 5,901,000 (23,758,000)  
Loans modified to borrowers experiencing financial difficulty 2,225,000   32,395,000    
Loans held for investment 2,316,113,000   2,316,113,000   2,358,851,000
Commercial Portfolio Segment [Member] | Mortgage Receivable [Member] | Past Due [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans modified to borrowers experiencing financial difficulty     0    
Commercial Portfolio Segment [Member] | Mortgage Receivable [Member] | United States [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff     0    
Loans held for investment 536,105,000   536,105,000   524,647,000
Commercial Portfolio Segment [Member] | Commercial And Industrial Sector [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff 9,000 8,000 6,477,000 366,000  
Loans and finance leases 1,931,000 (1,228,000) 3,278,000 (575,000)  
Loans modified to borrowers experiencing financial difficulty 192,000   377,000    
Loans held for investment 3,030,954,000   3,030,954,000   2,886,263,000
Commercial Portfolio Segment [Member] | Commercial And Industrial Sector [Member] | Past Due [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans modified to borrowers experiencing financial difficulty     0    
Commercial Portfolio Segment [Member] | Commercial And Industrial Sector [Member] | Puerto Rico [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Financing Receivable, Sale       35,200,000  
Increase (decrease) in loans 9,500,000        
Commercial Portfolio Segment [Member] | Commercial And Industrial Sector [Member] | United States [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Financing Receivable, Purchase     61,300,000 135,400,000  
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff     6,202,000    
Loans held for investment 942,680,000   942,680,000   1,026,154,000
Consumer Portfolio Segment [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff 19,746,000 12,522,000 53,006,000 32,765,000  
Loans and finance leases 14,047,000 $ 17,387,000 43,846,000 $ 43,516,000  
Loans held for investment 3,588,460,000   3,588,460,000   3,327,468,000
Consumer Portfolio Segment [Member] | United States [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff     286,000    
Loans held for investment 6,459,000   6,459,000   9,979,000
Consumer Portfolio Segment [Member] | Performing loans [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 3,569,323,000   3,569,323,000   3,312,662,000
Consumer Portfolio Segment [Member] | Performing loans [Member] | United States [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 6,361,000   6,361,000   9,784,000
Consumer Portfolio Segment [Member] | Nonaccrual loans [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment 19,137,000   19,137,000   14,806,000
Consumer Portfolio Segment [Member] | Nonaccrual loans [Member] | United States [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans held for investment $ 98,000   $ 98,000   $ 195,000