Borrowings (Tables)
|
9 Months Ended |
Sep. 30, 2015 |
Schedule Of Fed Funds Purchased And Assets Sold Under Agreements To Repurchase Table [Text Block] |
| | | | | | (In thousands) | September 30, 2015 | | December 31, 2014 | Federal funds purchased | $ | - | | $ | 100,000 | Assets sold under agreements to repurchase | | 1,085,765 | | | 1,171,657 | Total federal funds purchased and assets sold under agreements to repurchase | $ | 1,085,765 | | $ | 1,271,657 |
|
Schedule of Repurchase Agreements [Table Text Block] |
| | September 30, 2015 | December 31, 2014 | | | | Repurchase | | Repurchase | | (In thousands) | | liability | | liability | | U.S. Treasury Securities | | | | | | | Within 30 days | $ | 923 | $ | - | | | After 90 days | | 43,341 | | - | | Total U.S. Treasury Securities | | 44,264 | | - | | Obligations of U.S. government | | | | | | | sponsored entities | | | | | | | Overnight | | 30,425 | | - | | | Within 30 days | | 261,711 | | 289,545 | | | After 30 to 90 days | | 129,040 | | 25,761 | | | After 90 days | | 355 | | 420,176 | | Total obligations of U.S. government sponsored entities | | 421,531 | | 735,482 | | Obligations of Puerto Rico, states and political subdivisions | | | | | | | Overnight | | - | | 23,397 | | | Within 30 days | | 8,006 | | 5,199 | | Total Obligations of Puerto Rico, states and political subdivisions | | 8,006 | | 28,596 | | Mortgage-backed securities | | | | | | | Overnight | | 4,272 | | 4,850 | | | Within 30 days | | 80,737 | | 54,311 | | | After 30 to 90 days | | 149,275 | | - | | | After 90 days | | 326,849 | | 195,629 | | Total mortgage-backed securities | | 561,133 | | 254,790 | | Collateralized mortgage obligations | | | | | | | Within 30 days | | 33,704 | | 16,700 | | | After 30 to 90 days | | 1,149 | | 55,338 | | | After 90 days | | 12,210 | | 71,281 | | Total collateralized mortgage | | | | | | | obligations | | 47,063 | | 143,319 | | Other | | | | | | | Overnight | | - | | 1,353 | | | Within 30 days | | 3,768 | | 8,117 | | Total other | | 3,768 | | 9,470 | | Total | $ | 1,085,765 | $ | 1,171,657 | |
|
Schedule of Short-term Debt [Table Text Block] |
(In thousands) | September 30, 2015 | | December 31, 2014 | Advances with the FHLB paying interest at maturity | $ | - | | $ | 20,000 | Others | | 1,200 | | | 1,200 | Total other short-term borrowings | $ | 1,200 | | $ | 21,200 | Note: Refer to the Corporation's 2014 Annual Report for rates information at December 31, 2014. |
|
Schedule of Notes Payable [Table Text Block] |
(In thousands) | September 30, 2015 | | December 31, 2014 | | | | | | | | Advances with the FHLB with maturities ranging from 2015 through 2029 paying interest at | | | | | | | monthly fixed rates ranging from 0.41% to 4.19 % | $ | 765,485 | | $ | 802,198 | | | | | | | | Unsecured senior debt securities maturing on 2019 paying interest semiannually at a | | | | | | | fixed rate of 7.00% | | 450,000 | | | 450,000 | | | | | | | | Junior subordinated deferrable interest debentures (related to trust preferred | | | | | | | securities) with maturities ranging from 2027 to 2034 with fixed interest | | | | | | | rates ranging from 6.125% to 8.327% (Refer to Note 22) | | 439,799 | | | 439,800 | | | | | | | | Others | | 19,227 | | | 19,830 | Total notes payable | $ | 1,674,511 | | $ | 1,711,828 |
|
Maturity Distribution Of Debt Securities [Text Block] |
| Assets sold under | | Short-term | | | | (In thousands) | agreements to repurchase | | borrowings | Notes payable | | Total | Year | | | | | | | | | | 2015 | $ | 703,010 | $ | 1,200 | $ | 18,315 | | $ | 722,525 | 2016 | | 382,755 | | - | | 253,536 | | | 636,291 | 2017 | | - | | - | | 85,645 | | | 85,645 | 2018 | | - | | - | | 139,400 | | | 139,400 | 2019 | | - | | - | | 525,664 | | | 525,664 | Later years | | - | | - | | 651,951 | | | 651,951 | Total borrowings | $ | 1,085,765 | $ | 1,200 | $ | 1,674,511 | | $ | 2,761,476 |
|