XML 192 R179.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note Fair value of financial instruments (Carrying or notional amounts and estimated fair values for financial instruments) (Detail) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Sep. 30, 2016
Dec. 31, 2015
Financial Assets:        
Cash And Due From Banks $ 517,437 $ 362,394    
Money market investments 5,488,212 2,890,217    
Trading account securities, excluding derivatives 45,951 59,805    
Available For Sale Securities 9,061,001 [1] 8,209,806 [2]    
Investment securities held-to-maturity, at amortized cost 93,438 [3] 98,101 [4]    
Held To Maturity Securities Fair Value 74,512 [3] 75,576 [4]    
Other investment securities        
FDIC loss-share asset 48,470 69,334    
Mortgage servicing rights 180,157 196,889 $ 200,354 $ 211,405
Derivatives 14,234 14,094    
Deposits        
Time deposits 7,612,523 7,709,542    
Total deposits 34,248,936 30,496,224    
Notes payable:        
Others 17,294 18,071    
Notes Payable 1,532,061 1,574,852    
Carrying amount        
Financial Assets:        
Cash And Due From Banks 517,437 362,394    
Money market investments 5,488,212 2,890,217    
Trading account securities, excluding derivatives [5] 45,951 59,796    
Available For Sale Securities [5] 9,061,001 8,209,806    
Investment securities held-to-maturity, at amortized cost 93,438 98,101    
Other investment securities        
FHLB Stock 64,208 58,033    
FRB stock 94,644 94,672    
Trust preferred securities fair value 13,198 13,198    
Other investments 1,915 1,915    
Total other investment securities 173,965 167,818    
Loans held-for-sale 68,864 88,821    
Loans covered under loss sharing agreements with the FDIC 491,797 542,528    
FDIC loss-share asset 48,470 69,334    
Mortgage servicing rights 180,157 196,889    
Derivatives 14,234 14,094    
Deposits        
Demand deposits 26,636,413 22,786,682    
Time deposits 7,612,523 7,709,542    
Total deposits 34,248,936 30,496,224    
Federal funds purchased and assets sold under agreements to repurchase 374,405 479,425    
Other short-term borrowings [6] 240,598 1,200    
Notes payable:        
Advances with the FHLB 629,072 672,670    
Senior Long Term Notes 446,351 444,788    
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 439,344 439,323    
Others 17,294 18,071    
Notes Payable 1,532,061 1,574,852    
Derivatives 12,841 12,842    
Contingent consideration 166,876 153,158    
Fair Value        
Financial Assets:        
Cash And Cash Equivalents Fair Value Disclosure 517,437 362,394    
Money Market Investments Fair Value 5,488,212 2,890,217    
Trading account securities, excluding derivatives 45,951 59,796    
Available For Sale Securities 9,061,001 8,209,806    
Held To Maturity Securities Fair Value 74,512 75,576    
Other investment securities        
FHLB Stock 64,208 58,033    
FRB stock 94,644 94,672    
Trust preferred securities 13,198 13,198    
Other investments 5,091 4,987    
Total other investment securities 177,141 170,890    
Loans held-for-sale 70,499 90,013    
F D I C Indemnification Asset Fair Value Portion 37,703 63,187    
Mortgage servicing rights 180,157 196,889    
Derivatives 14,234 14,094    
Deposits        
Demand deposits 26,636,413 22,786,682    
Time deposits 7,504,546 7,708,724    
Deposits 34,140,959 30,495,406    
Federal funds purchased and assets sold under agreements to repurchase 374,377 479,439    
Other short-term borrowings 240,598 1,200    
Notes payable:        
FHLB advances 629,538 671,872    
Unsecured senior debt securities 470,043 466,263    
Junior subordinated deferrable interest debentures 411,776 399,370    
Others 17,294 18,071    
Notes payable 1,528,651 1,555,576    
Derivatives 12,841 12,842    
Contingent consideration 166,876 153,158    
Obligations of Puerto Rico, States and political subdivisions        
Financial Assets:        
Available For Sale Securities 6,615 22,771    
Investment securities held-to-maturity, at amortized cost 92,369 96,027    
Held To Maturity Securities Fair Value 73,460 73,540    
Obligations of Puerto Rico, States and political subdivisions | Carrying amount        
Financial Assets:        
Investment securities held-to-maturity, at amortized cost 92,369 96,027    
Obligations of Puerto Rico, States and political subdivisions | Fair Value        
Financial Assets:        
Held To Maturity Securities Fair Value 73,460 73,540    
Collateralized Mortgage Obligations - Federal agencies        
Financial Assets:        
Available For Sale Securities 1,015,597 1,221,526    
Investment securities held-to-maturity, at amortized cost 69 74    
Held To Maturity Securities Fair Value 73 78    
Collateralized Mortgage Obligations - Federal agencies | Carrying amount        
Financial Assets:        
Investment securities held-to-maturity, at amortized cost 69 74    
Collateralized Mortgage Obligations - Federal agencies | Fair Value        
Financial Assets:        
Held To Maturity Securities Fair Value 73 78    
Other        
Financial Assets:        
Available For Sale Securities 869 9,585    
Investment securities held-to-maturity, at amortized cost 1,000 2,000    
Held To Maturity Securities Fair Value 979 1,958    
Other | Carrying amount        
Financial Assets:        
Investment securities held-to-maturity, at amortized cost 1,000 2,000    
Other | Fair Value        
Financial Assets:        
Held To Maturity Securities Fair Value 979 1,958    
Level 1        
Financial Assets:        
Cash And Cash Equivalents Fair Value Disclosure 517,437 362,394    
Money Market Investments Fair Value 5,479,268 2,854,777    
Trading account securities, excluding derivatives [5] 0 0    
Available For Sale Securities [5] 0 0    
Held To Maturity Securities Fair Value 0 0    
Other investment securities        
FHLB Stock 0 0    
FRB stock 0 0    
Trust preferred securities 0 0    
Other investments 0 0    
Total other investment securities 0 0    
Loans held-for-sale 0 0    
F D I C Indemnification Asset Fair Value Portion 0 0    
Mortgage servicing rights 0 0    
Derivatives 0 0    
Deposits        
Demand deposits 0 0    
Time deposits 0 0    
Deposits 0 0    
Federal funds purchased and assets sold under agreements to repurchase 0 0    
Other short-term borrowings [6] 0 0    
Notes payable:        
FHLB advances 0 0    
Unsecured senior debt securities 0 0    
Junior subordinated deferrable interest debentures 0 0    
Others 0 0    
Notes payable 0 0    
Derivatives 0 0    
Contingent consideration 0 0    
Level 1 | Obligations of Puerto Rico, States and political subdivisions        
Financial Assets:        
Held To Maturity Securities Fair Value 0 0    
Level 1 | Collateralized Mortgage Obligations - Federal agencies        
Financial Assets:        
Held To Maturity Securities Fair Value 0 0    
Level 1 | Other        
Financial Assets:        
Held To Maturity Securities Fair Value 0 0    
Level 2        
Financial Assets:        
Cash And Cash Equivalents Fair Value Disclosure 0 0    
Money Market Investments Fair Value 8,944 35,440    
Trading account securities, excluding derivatives [5] 44,787 53,118    
Available For Sale Securities [5] 9,059,713 8,208,414    
Held To Maturity Securities Fair Value 742 1,738    
Other investment securities        
FHLB Stock 64,208 58,033    
FRB stock 94,644 94,672    
Trust preferred securities 13,198 13,198    
Other investments 0 0    
Total other investment securities 172,050 165,903    
Loans held-for-sale 0 504    
F D I C Indemnification Asset Fair Value Portion 0 0    
Mortgage servicing rights 0 0    
Derivatives 14,234 14,094    
Deposits        
Demand deposits 26,636,413 22,786,682    
Time deposits 7,504,546 7,708,724    
Deposits 34,140,959 30,495,406    
Federal funds purchased and assets sold under agreements to repurchase 374,377 479,439    
Other short-term borrowings [6] 240,598 1,200    
Notes payable:        
FHLB advances 629,538 671,872    
Unsecured senior debt securities 470,043 466,263    
Junior subordinated deferrable interest debentures 411,776 399,370    
Others 0 0    
Notes payable 1,511,357 1,537,505    
Derivatives 12,841 12,842    
Contingent consideration 0 0    
Level 2 | Obligations of Puerto Rico, States and political subdivisions        
Financial Assets:        
Held To Maturity Securities Fair Value 0 0    
Level 2 | Collateralized Mortgage Obligations - Federal agencies        
Financial Assets:        
Held To Maturity Securities Fair Value 0 0    
Level 2 | Other        
Financial Assets:        
Held To Maturity Securities Fair Value 742 1,738    
Level 3        
Financial Assets:        
Cash And Cash Equivalents Fair Value Disclosure 0 0    
Money Market Investments Fair Value 0 0    
Trading account securities, excluding derivatives [5] 1,164 6,678    
Available For Sale Securities [5] 1,288 1,392    
Held To Maturity Securities Fair Value 73,770 73,838    
Other investment securities        
FHLB Stock 0 0    
FRB stock 0 0    
Trust preferred securities 0 0    
Other investments 5,091 4,987    
Total other investment securities 5,091 4,987    
Loans held-for-sale 70,499 89,509    
F D I C Indemnification Asset Fair Value Portion 37,703 63,187    
Mortgage servicing rights 180,157 196,889    
Derivatives 0 0    
Deposits        
Demand deposits 0 0    
Time deposits 0 0    
Deposits 0 0    
Federal funds purchased and assets sold under agreements to repurchase 0 0    
Other short-term borrowings [6] 0 0    
Notes payable:        
FHLB advances 0 0    
Unsecured senior debt securities 0 0    
Junior subordinated deferrable interest debentures 0 0    
Others 17,294 18,071    
Notes payable 17,294 18,071    
Derivatives 0 0    
Contingent consideration 166,876 153,158    
Level 3 | Obligations of Puerto Rico, States and political subdivisions        
Financial Assets:        
Held To Maturity Securities Fair Value 73,460 73,540    
Level 3 | Collateralized Mortgage Obligations - Federal agencies        
Financial Assets:        
Held To Maturity Securities Fair Value 73 78    
Level 3 | Other        
Financial Assets:        
Held To Maturity Securities Fair Value 237 220    
Non-covered loans | Carrying amount        
Other investment securities        
Loans held in portfolio, net 22,559,594 22,263,446    
Non-covered loans | Fair Value        
Other investment securities        
Loans Receivable, Fair Value Disclosure 20,896,277 20,578,904    
Non-covered loans | Level 1        
Other investment securities        
Loans Receivable, Fair Value Disclosure 0 0    
Non-covered loans | Level 2        
Other investment securities        
Loans Receivable, Fair Value Disclosure 0 0    
Non-covered loans | Level 3        
Other investment securities        
Loans Receivable, Fair Value Disclosure 20,896,277 20,578,904    
Covered loans | Fair Value        
Other investment securities        
Loans Receivable, Fair Value Disclosure 483,155 515,808    
Covered loans | Level 1        
Other investment securities        
Loans Receivable, Fair Value Disclosure 0 0    
Covered loans | Level 2        
Other investment securities        
Loans Receivable, Fair Value Disclosure 0 0    
Covered loans | Level 3        
Other investment securities        
Loans Receivable, Fair Value Disclosure $ 483,155 $ 515,808    
[1]
Includes $6.7 billion pledged to secure public and trust deposits, assets sold under agreements to repurchase, credit facilities and loan servicing agreements that the secured parties are not permitted to sell or repledge the collateral, of which $5.7 billion serve as collateral for public funds.
[2]
Includes $4.1 billion pledged to secure public and trust deposits, assets sold under agreements to repurchase, credit facilities and loan servicing agreements that the secured parties are not permitted to sell or repledge the collateral, of which $3.4 billion serve as collateral for public funds.
[3]
Includes $92.4 million pledged to secure public and trust deposits that the secured parties are not permitted to sell or repledge the collateral.
[4]
Includes $53.1 million pledged to secure public and trust deposits that the secured parties are not permitted to sell or repledge the collateral.
[5]

Refer to Note 25 to the C onsolidated F inancial S tatements for the fair value by class of financial asset and its hierarchy level.

[6]

Refer to Note 17 to the Consolidated F inancial S tatements for the composition of other short-term borrowings.