First BanCorp. (FBP) 10-Q 11 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2015	Apr. 30, 2014
Entity Information [Line Items]
Document Type	10-Q
Amendment Flag	FALSE
Document Period End Date	31-Mar-15
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Trading Symbol	fbp
Entity Registrant Name	FIRST BANCORP /PR/
Entity Central Index Key	1057706
Current Fiscal Year End Date	-19
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		213,810,782

Consolidated_Statements_of_Fin

Consolidated Statements of Financial Condition (USD $)	Mar. 31, 2015		Dec. 31, 2014
In Thousands, unless otherwise specified
ASSETS
Cash and due from banks	$767,471		$779,147
Money market investments:
Time deposits with other financial institutions	300		300
Other short-term investments	216,665		16,661
Total money market investments	216,965		16,961
Investment securities available for sale, at fair value:
Securities pledged that can be repledged	1,001,725		1,025,966
Other investment securities	972,501		939,700
Total investment securities available for sale	1,974,226		1,965,666
Other equity securities	26,185		25,752
Investment in unconsolidated entities	0		0
Loans, net of allowance for loan and lease losses of $301,047 (2012 - $435,414)	9,259,308		9,040,041
Loans held for sale, at lower of cost or market	81,723		76,956
Total loans, net	9,341,031		9,116,997
Premises and equipment, net	166,799		166,926
Other real estate owned	122,628		124,003
Accrued interest receivable on loans and investments	49,302		50,796
Other assets	483,312		481,587
Total assets	13,147,919		12,727,835
LIABILITIES
Non-interest-bearing deposits	1,175,943		900,616
Interest-bearing deposits	8,665,095		8,583,329
Total deposits	9,841,038		9,483,945
Securities sold under agreements to repurchase	900,000	[1]	900,000	[1]
Advances from the Federal Home Loan Bank (FHLB)	325,000		325,000
Other borrowings	231,959		231,959
Accounts payable and other liabilities	144,172		115,188
Total liabilities	11,442,169		11,056,092
Preferred stock, authorized 50,000,000 shares:
Non-cumulative Perpetual Monthly Income Preferred Stock: issued - 22,004,000 shares, outstanding 2,521,872 shares, aggregate liquidation value of $63,047	36,104		36,104
Common stock, $0.10 par value, authorized, 2,000,000,000 shares; issued, 207,514,167 shares (2012 - 206,730,318 shares issued)	21,462		21,372
Less: Treasury stock (at par value)	-79		-74
Common stock outstanding, 206,982,105 shares outstanding (2012 - 206,235,465 shares	21,383		21,298
Additional paid-in capital	917,203		916,067
Retained earnings	742,271		716,625
Accumulated other comprehensive (loss) income, net of tax expense of $8,171 (2012 - $7,749)	-11,211		-18,351
Total stockholders' equity	1,705,750		1,671,743
Total liabilities and stockholders' equity	$13,147,919		$12,727,835
[1]	As of March 31, 2015, includes $800 million with an average rate of 2.71% that lenders have the right to call before their contractual maturities at various dates beginning on April 9, 2015. Subsequent to April 9, 2015, no lender has exercised its call option on repurchase agreements. In addition, $700 million is tied to variable rates.

Consolidated_Statements_of_Fin1

Consolidated Statements of Financial Condition (Parenthetical) (USD $)	3 Months Ended	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Allowance for loan and lease losses	$226,064	$222,395
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	22,004,000	22,004,000
Preferred stock, shares outstanding	1,444,146	1,444,146
Preferred stock, liquidation value	36,104	36,104
Common stock, par value	$0.10	$0.10
Common stock, shares authorized	2,000,000,000	2,000,000,000
Common stock, shares issued	214,618,015	213,724,749
Common stock, shares outstanding	213,827,258	212,984,700
Income tax expense	8,032
Accumulated Other Comprehensive Income (Loss) [Member]
Income tax expense	$7,752	$7,752

CONSOLIDATED_STATEMENTS_OF_INC

CONSOLIDATED STATEMENTS OF INCOME (LOSS) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Interest income:
Loans	$139,344	$144,843
Investment securities	12,604	15,228
Money market investments	537	500
Total interest income	152,485	160,571
Interest expense:
Deposits	17,694	20,299
Securities sold under agreements to repurchase	6,393	6,368
Advances from FHLB	934	824
Notes payable and other borrowings	1,817	1,760
Total interest expense	26,838	29,251
Net interest income (loss)	125,647	131,320
Provision for loan and lease losses	32,970	31,915
Net interest income after provision for loan and lease losses	92,677	99,405
Non-interest income:
Service charges on deposit accounts	4,555	4,127
Mortgage banking activities	3,618	3,368
Other-than-temporary impairment losses on investment securities:
Total other-than-temporary impairment losses	0	0
Portion of loss previously recognized in other comprehensive income	-156	0
Net impairment losses on investment securities	-156	0
Equity in losses of unconsolidated entities	0	-6,610
Business Combination Bargain Purchase Gain Recognized Amount	13,443	0
Insurance income	3,022	2,571
Other non-interest income	8,247	7,894
Total non-interest income	32,729	11,350
Non-interest expenses:
Employees' compensation and benefits	35,654	32,898
Occupancy and equipment	14,349	14,318
Business promotion	2,868	3,973
Professional fees	15,218	10,493
Taxes, other than income taxes	3,001	4,575
Insurance and supervisory fees	6,860	10,990
Net loss on real estate owned (REO) and REO operations	2,628	5,837
Credit and debit processing fees	3,957	3,824
Communications	1,608	1,879
Other non-interest expenses	5,585	3,998
Total non-interest expenses	91,728	92,785
Income (loss) before income taxes	33,678	17,970
Income tax expense	-8,032	-887
Net income (loss)	25,646	17,083
Net income (loss) attributable to common stockholders - basic	$25,646	$17,462
Net income (loss) per common share:
Basic	$0.12	$0.08
Diluted	$0.12	$0.08
Dividends declared per common share	$0	$0

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Net income (loss)	$25,646	$17,083
Available-for-sale debt securities on which an other-than-temporary impairment has been recognized:
Subsequent unrealized gain on debt securities on which an other-than-temporary impairment has been recognized	689	913
Reclassification adjustment for other-than-temporary impairment on debt securities included in net income	156	0
All other unrealized gains and losses on available-for-sale securities:
All other unrealized holding gains arising during the period	6,295	21,626
Income tax expense related to items of other comprehensive income	0	0
Other comprehensive income (loss) for the period, net of tax	7,140	22,539
Total comprehensive income (loss)	$32,786	$39,622

CONSOLIDATED_STATEMENT_OF_CASH

CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Cash flows from operating activities:
Net income (loss)	$25,646	$17,083
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation	5,306	5,453
Amortization and impairment of intangible assets	1,093	1,235
Provision for loan and lease losses	32,970	31,915
Deferred income tax (benefit) expense	2,060	-700
Stock-based compensation	1,457	717
Other-than-temporary impairments on debt securities	156	0
Equity in losses of unconsolidated entities	0	6,610
Derivative instruments and financial liabilities measured at fair value, gain	72	-148
Loss (gain) on sale of premises and equipment and other assets	194	25
Net gain on sale of loans held for investment	-1,689	-2,017
Net amortization of premiums, discounts and deferred loan fees and costs	-673	-477
Originations and purchases of loans held for sale	-89,425	-72,748
Sales and repayments of loans held for sale	87,051	72,865
Amortization of broker placement fees	1,335	1,785
Net amortization of premium and discounts on investment securities	1,269	-284
(Decrease) increase in accrued income tax payable	5,481	1,476
(Increase) decrease in accrued interest receivable	1,953	4,992
Decrease in accrued interest payable	1,000	2,106
Decrease (increase) in other assets	3,081	8,657
Increase (decrease) in other liabilities	11,007	-4,987
Business Combination Bargain Purchase Gain Recognized Amount	13,443	0
Net cash provided by operating activities	75,513	73,508
Cash flows from investing activities:
Principal collected on loans	751,062	776,086
Loans originated and purchased	-705,621	-774,764
Proceeds from sale of loans held for investment	2,230	16,558
Proceeds from sale of repossessed assets	18,446	12,262
Purchases of securities available for sale	-56,429	-76,253
Proceeds from principal repayments and maturities of securities available for sale	53,596	45,422
Additions to premises and equipment	-3,027	-7,696
Proceeds from sale of premises and equipment and other assets	2,492	25
Cash Acquired From Acquisition	217,659	0
(Increase) decrease in other equity securities	-433	0
Net cash provided by investing activities	279,975	-8,360
Cash flows from financing activities:
Net decrease in deposits	-166,924	120,977
Net FHLB advances paid	0	0
Repayments of medium-term notes	0	0
Payments Of Stock Issuance Costs	0	53
Repurchase of outstanding common stock	-236	-246
Net cash provided (used in) financing activities	-167,160	120,678
Net increase in cash and cash equivalents	188,328	185,826
Cash and cash equivalents at beginning of period	796,108	655,671
Cash and cash equivalents at end of period	984,436	841,497
Cash and cash equivalents include:
Cash and due from banks	767,471	824,547
Money market instruments	216,965	16,950
Cash and Cash Equivalents, at Carrying Value, Total	$984,436	$841,497

CONSOLIDATED_STATEMENT_OF_CHAN

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (USD $)	Total	Preferred Stock [Member]	Common Stock [Member]	Additional Paid In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income [Member]
In Thousands
Balance at beginning of period at Dec. 31, 2013		$63,047	$20,707	$888,161	$322,679	($78,736)
Total stockholders' equity	1,255,898	56,810	20,897	894,247	340,141	-56,197
Common stock issued for compensation			6	-6
Repurchase of common stock			-4	-242
Common stock sold
Restricted stock grants			81	-81
Restricted stock forefeited			0	0
Stock-based compensation				717
Net income (loss)	17,083				17,083
Excess of carrying amount of preferred stock exchanged over fair value of new common stock	379				379
Other comprehensive income (loss), net of tax	22,539					22,539
Common stock issued in exchange of preferred stock-Series A through E			107	5,538
Exchange Of Preferred Stock Series For Common Stock		-6,237
Reversal of Issuance cost of Series A through E of preferred stock exchanged				213
Issuance Cost Of Common Stock				-53
Balance at end of period at Mar. 31, 2014	1,255,898	56,810	20,897	894,247	340,141	-56,197
Balance at beginning of period at Dec. 31, 2014	1,671,743	36,104	21,298	916,067	716,625	-18,351
Total stockholders' equity	1,705,750	36,104	21,383	917,203	742,271	-11,211
Common stock issued for compensation			8	-8
Repurchase of common stock			-5	-231
Common stock sold
Restricted stock grants			83	-83
Restricted stock forefeited			-1	1
Stock-based compensation				1,457
Net income (loss)	25,646				25,646
Excess of carrying amount of preferred stock exchanged over fair value of new common stock	0				0
Other comprehensive income (loss), net of tax	7,140					7,140
Common stock issued in exchange of preferred stock-Series A through E			0	0
Exchange Of Preferred Stock Series For Common Stock		0
Reversal of Issuance cost of Series A through E of preferred stock exchanged				0
Issuance Cost Of Common Stock				0
Balance at end of period at Mar. 31, 2015	$1,705,750	$36,104	$21,383	$917,203	$742,271	($11,211)

BASIS_OF_PRESENTATION_AND_SIGN

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2015
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 – BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES
	The Consolidated Financial Statements (unaudited) of First BanCorp. (“the Corporation”) have been prepared in conformity with the accounting policies stated in the Corporation's Audited Consolidated Financial Statements included in the Corporation's Annual Report on Form 10-K for the year ended December 31, 2014. Certain information and note disclosures normally included in the financial statements prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) have been condensed or omitted from these statements pursuant to the rules and regulations of the SEC and, accordingly, these financial statements should be read in conjunction with the Audited Consolidated Financial Statements of the Corporation for the year ended December 31, 2014, which are included in the Corporation's 2014 Annual Report on Form 10-K. All adjustments (consisting only of normal recurring adjustments) that are, in the opinion of management, necessary for a fair presentation of the statement of financial position, results of operations and cash flows for the interim periods have been reflected. All significant intercompany accounts and transactions have been eliminated in consolidation.
	The results of operations for the quarter ended March 31, 2015 are not necessarily indicative of the results to be expected for the entire year.
	Adoption of new accounting requirements and recently issued but not yet effective accounting requirements
	The Financial Accounting Standards Board (“FASB”) has issued the following accounting pronouncements and guidance relevant to the Corporation's operations:
	In January 2014, the FASB updated the Accounting Standards Codification (the “Codification”) to clarify when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan so that the loan should be derecognized and the real estate property recognized in the financial statements. The Update clarifies that an in substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan upon either: (i) the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure, or (ii) the borrower conveying all interest in the residential real estate property to the creditor to satisfy the loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. In addition, creditors are required to disclose on an annual and interim basis both (i) the amount of the foreclosed residential real estate property held and (ii) the recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure according to local requirements of the applicable jurisdiction. The amendments are effective for public business entities for annual periods beginning after December 15, 2014, and interim periods within those fiscal years. Early adoption is permitted. The guidance can be implemented using either a modified retrospective transition method or a prospective transition method. The Corporation adopted the provisions of this guidance on a prospective basis during the first quarter of 2015 without any material impact on the Corporation's financial statements. Refer to Notes 7 and 10 for required disclosures.
	In May 2014, the FASB updated the Codification to create a new, principle-based revenue recognition framework. The Update is the culmination of efforts by the FASB and the International Accounting Standards Board to develop a common revenue standard for U.S. GAAP and International Financial Reporting Standards. The core principal of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This guidance describes a 5-step process entities can apply to achieve the core principle of revenue recognition and requires disclosures sufficient to enable users of financial statements to understand the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers and the significant judgments used in determining that information. The amendments are expect to become effective for public business entities for annual periods beginning after December 15, 2017, including interim periods within those reporting periods, as a result of the FASB's recent issuance of a proposal to defer the effective date of the standard by one year. Early adoption is not permitted. The Corporation is currently evaluating the impact that the adoption of this guidance will have on the presentation and disclosures in its financial statements.
	In June 2014, the FASB updated the Codification to respond to stakeholders' concerns about current accounting and disclosures for repurchase agreements and similar transactions. This Update requires two accounting changes. First, the Update changes the accounting for repurchase-to-maturity transactions to secured borrowing accounting. Second, for repurchase financing arrangements, the Update requires separate accounting for a transfer of a financial asset executed contemporaneously with a repurchase agreement with the same counterparty, which will result in secured borrowing accounting for the repurchase agreement. Additionally, the Update introduces new disclosures to (i) increase transparency about the types of collateral pledged in secured borrowing transactions and (ii) enable users to better understand transactions in which the transferor retains substantially all of the exposure to the economic return on the transferred financial asset throughout the term of the transaction. For public business entities, the disclosure for repurchase agreements, securities lending transactions, and repurchase-to-maturity transactions accounted for as secured borrowings is required to be presented for annual periods beginning after December 15, 2014, and for interim periods beginning after March 15, 2015. All other accounting and disclosure amendments in the Update are effective for public business entities for the first interim or annual period beginning after December 15, 2014. The adoption of this guidance did not have a material effect on the Corporation's financial statements.
	In June 2014, the FASB updated the Codification to provide guidance for determining compensation cost under specific circumstances when an employee's compensation award is eligible to vest regardless of whether the employee is rendering service on the date the performance target is achieved. This Update becomes effective for annual and interim periods beginning after December 15, 2015 with early adoption permitted. The Corporation is currently evaluating the impact that the adoption of this guidance will have on the presentation and disclosures in its financial statements, if any.
	In August 2014, the FASB updated the Codification to reduce the diversity found in the classification of certain foreclosed mortgage loans held by creditors that are either fully or partially guaranteed under government programs. Consistency in classification upon foreclosure is expected in order to provide more decision-useful information. The amendments in this Update require that a mortgage loan be derecognized and that a separate other receivable be recognized upon foreclosure if: (i) the loan has a government guarantee that is not separable from the loan before foreclosure; (ii) at the time of foreclosure, the creditor has the intent to convey the real estate property to the guarantor and make a claim on the guarantee, and the creditor has the ability to recover under the claim, and (iii) at the time of foreclosure, any amount of the claim that is determined on the basis of the fair value of the real estate is fixed. Upon foreclosure, the separate other receivable should be measured based on the amount of the loan balance (principal and interest) expected to be recovered from the guarantor. The Update is effective for public business entities for annual periods, and interim periods within those annual periods beginning after December 15, 2014. The guidance can be implemented using either a prospective transition method or a modified retrospective transition method. The Corporation adopted the provisions of this guidance on a prospective basis during the first quarter of 2015 without any material impact on the Corporation's financial statements.
	In August 2014, the FASB updated the Codification to provide guidance in GAAP about management's responsibility to evaluate whether there is substantial doubt about an entity's ability to continue as a going concern and to provide related footnote disclosures. Management's evaluation should be based on relevant conditions and events that are known and reasonably knowable at the date that the financial statements are issued. If conditions or events raise substantial doubt about an entity's ability to continue as a going concern, but the substantial doubt is alleviated as a result of consideration of management's plans, the entity should disclose information that enables users of the financial statements to understand such determination. The Update is effective for all business entities for annual periods ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. The Corporation expects the adoption of this guidance will have no impact on the Corporation's financial position, results of operations, comprehensive income, cash flows and disclosures.
	In November 2014, the FASB updated the Codification to clarify how current GAAP should be interpreted in evaluating the economic characteristics and risk of a host contract in a hybrid financial instrument that is issued in the form of a share. In addition, the Update was issued to clarify that, in evaluating the nature of a host contract, an entity should assess the substance of the relevant terms and features (that is, the relative strength of the debt-like or equity-like terms and features given the facts and circumstances) when considering how to weight those terms and features. The effects of initially adopting this Update should be applied on a modified retrospective basis to existing hybrid financial instruments issued in the form of a share as of the beginning of the fiscal year for which the amendments are effective. Retrospective application is permitted to all relevant prior periods. This Update is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption in an interim period is permitted. The Corporation is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements, if any.
	In January 2015, the FASB updated the Codification to eliminate from GAAP the concept of extraordinary items as part of its initiative to reduce complexity in accounting standards (the Simplification Initiative). Under current GAAP, an event or transaction is presumed to be an ordinary and usual activity of the reporting entity unless evidence clearly supports its classification as an extraordinary item. In order to be classified as an extraordinary item, the event or transaction must be: (i) unusual in nature, and (ii) infrequent in occurrence. Before the update was issued, an entity was required to segregate these items from the results of ordinary operations and show the items separately in the income statement, net of tax, after income from continuing operations. This Update is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption in an interim period is permitted. The Corporation expects the adoption of this guidance will have no impact on the Corporation's consolidated financial statements.
	In February 2015, the FASB updated the Codification to eliminate the deferral of FAS 167, which has allowed reporting entities with interests in certain investment funds to follow the previous consolidation guidance in FIN 46(R), and to make other changes to both the variable interest model and the voting model. While the Update is aimed at asset managers, it will affect all reporting entities involved with limited partnerships or similar entities. In some cases, consolidation conclusions will change. In other cases, reporting entities will need to provide additional disclosure about entities that currently are not considered VIEs but will be considered VIEs under the new guidance when they have a variable interest in those VIEs. Regardless of whether conclusions change or additional disclosure requirements are triggered, reporting entities will need to re-evaluate limited partnerships or similar entities for consolidation and revise their documentation. For public business entities, the Update is effective for annual and interim periods beginning after December 15, 2015. Early adoption is permitted, including adoption in an interim period. A reporting entity must apply the amendments retrospectively. The Corporation is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements, if any.
	In April 2015, the FASB updated the Codification to clarify that customers should determine whether a cloud computing arrangement includes the license of software by applying the same guidance cloud service providers use to make this determination. Examples of cloud computing arrangements include software as a service, platform as a service, infrastructure as a service and other hosting arrangements. If a hosting arrangement includes a software license for internal use software, the software license should be accounted for by the customer under ASC 350-40. A license of software other than internal use software would be accounted for by the customer under other U.S. GAAP (e.g., a research and development cost and software to be sold, leased or otherwise marketed). If a hosting arrangement includes a software licenses, then that would be in addition to any service contract in the arrangement. Hosting arrangements that do not include software licenses should be accounted for as service contracts. The Update also eliminates the existing requirement for customers to account for software licenses they acquire by analogizing to the guidance on leases. Instead, customers will account for software licenses that are in the scope of ASC 350-40 in the same manner as licenses of other intangible assets. Entities have the option of applying the guidance (1) prospectively to all arrangements entered into or materially modified after the effective date or (2) retrospectively. Entities that elect prospective application are required to disclose the reason for the change in accounting principle, the transition method, and a description of the financial statement line items affected by the change. Entities that elect retrospective application must disclose the information required by ASC 250. For public business entities, the guidance is effective for annual periods, including interim periods within those annual periods, beginning after December 15, 2015. Early adoption is permitted. The Corporation is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements, if any.

EARNINGS_PER_COMMON_SHARE

EARNINGS PER COMMON SHARE	3 Months Ended
	Mar. 31, 2015
EARNINGS PER COMMON SHARE	NOTE 3 – EARNINGS PER COMMON SHARE
		The calculations of earnings per common share for the quarters ended on March 31, 2015 and 2014 are as follows:
			Quarter Ended
			March 31,		March 31,
			2015		2014
			(In thousands, except per share information)
	Net income		$	25,646	$	17,083
		Cumulative convertible preferred stock dividends (Series G)
	Favorable impact from issuing common stock in exchange for
		Series A through E preferred stock (1)		-		379
	Net income attributable to common stockholders		$	25,646	$	17,462
	Weighted-Average Shares:
		Average common shares outstanding		210,686		205,732
		Average potential dilutive common shares		2,060		1,144
		Average common shares outstanding-assuming dilution		212,746		206,876
	Income per common share:
		Basic	$	0.12	$	0.08
		Diluted	$	0.12	$	0.08
	-1	Excess of carrying amount of the Series A through E preferred stock exchanged over the fair value of new common shares issued in the first quarter of 2014.
	Earnings per common share is computed by dividing net income attributable to common stockholders by the weighted average number of common shares issued and outstanding. Net income attributable to common stockholders represents net income adjusted for any preferred stock dividends, including any dividends declared, and any cumulative dividends related to the current dividend period that have not been declared as of the end of the period. For the first quarter of 2014, net income attributable to common stockholders includes the one-time effect to retained earnings of the issuance of common stock in exchange for Series A through E preferred stock. This transaction is discussed in Note 19 to the unaudited consolidated financial statements. Basic weighted average common shares outstanding exclude unvested shares of restricted stock.
	Potential common shares consist of common stock issuable under the assumed exercise of stock options, unvested shares of restricted stock, and outstanding warrants using the treasury stock method. This method assumes that the potential common shares are issued and the proceeds from the exercise, in addition to the amount of compensation cost attributable to future services, are used to purchase common stock at the exercise date. The difference between the numbers of potential shares issued and potential shares purchased is added as incremental shares to the actual number of shares outstanding to compute diluted earnings per share. Stock options, unvested shares of restricted stock, and outstanding warrants that result in lower potential shares issued than potential shares purchased under the treasury stock method are not included in the computation of dilutive earnings per share since their inclusion would have an antidilutive effect on earnings per share. Stock options not included in the computation of outstanding shares because they were antidilutive amounted to 69,848 and 88,640 for the quarters ended March 31, 2015 and 2014, respectively.

BUSINESS_COMBINATION

BUSINESS COMBINATION	3 Months Ended
	Mar. 31, 2015
Business Combination Description [Abstract]
Business Combination Disclosure [Text Block]	NOTE 2 – BUSINESS COMBINATION
	On February 27, 2015, FirstBank acquired 10 Puerto Rico branches of Doral Bank, assumed $522.7 million in deposits related to such branches, acquired approximately $324.8 million in principal balance of loans, primarily residential mortgage loans, acquired $5.5 million of property, plant and equipment and received $217.7 million of cash, through an alliance with Banco Popular of Puerto Rico (“Popular”), who was the successful lead bidder with the FDIC on the failed Doral Bank, as well as other co-bidders (the “Doral Bank Transaction”). This transaction solidified FirstBank as the second largest bank in Puerto Rico, enhanced FirstBank's presence in geographical areas in Puerto Rico with growth potential for deposits and mortgage originations, two of the main business strategies of the institution, and provides a stable source of low-cost deposits that are expected to support and enhance future growth activities.
	Under the FDIC's bidding format, Popular was the lead bidder and party to the purchase and assumption agreement with the FDIC covering all assets and deposits to be acquired by Popular and its alliance co-bidders. Popular entered into back to back purchase assumption agreements with the alliance co-bidders, including FirstBank, for the transferred assets and deposits. There is no loss-share arrangement with the FDIC related to the acquired assets.
	The Corporation accounted for this transaction as a business combination. The following table identifies the fair value of assets acquired and liabilities assumed from Doral Bank on February 27, 2015:
		Asset/Liabilities
		(at Fair Value)
		(In thousands)
	ASSETS
	Cash	$	217,659
	Loans		311,410
	Premises and equipment, net		5,450
	Core Deposit Intangible		5,820
	Other assets
	Total assets acquired		540,339
	LIABILITIES
	Deposits		523,517
	Other liabilities		3,379
	Net assets - Bargain purchase gain	$	13,443
	The application of the acquisition-method of accounting resulted in a bargain purchase gain of $13.4 million, which is included in non-interest income in the Corporation's consolidated statement of income for the quarter ended March 31, 2015, and a core deposit intangible of $5.8 million. The net after-tax gain of $8.2 million represents the excess of the estimated fair value of the assets acquired (including cash payments received from the FDIC) over the estimated fair value of the liabilities assumed and is influenced significantly by the FDIC-assisted transaction process.
	The following is a description of the methods used to determine the fair values of significant assets and liabilities presented above:
	Cash and due from banks – The carrying amount of these assets is a reasonable estimate of fair value based on the short-term nature of these assets. This balance primarily represents the cash settlement received from Popular for the net equity received, assets discount bid and other customary closing adjustments.
	Loans – Fair values for loans were based on a discounted cash flow methodology that uses market-driven assumptions such as prepayment rate, default rate, and loss severity on a loan level basis.  The forecasted cash flows are then discounted by yields observed in sales of similar portfolios in Puerto Rico and the continental U.S.
	The Corporation evaluated the residential mortgage loans acquired and determined that $227.9 million are non-credit impaired purchased loans and have been accounted in accordance with the provisions of FASB ASC Topic 310-20, Nonrefundable Fees and Other Costs, and were recorded with a premium of $1.3 million. The remaining approximately $93.3 million of residential mortgage loans excluded were considered purchased credit impaired loans within the provisions of FASB ASC Topic 310-30, Loans and Debt Securities Acquired with Deteriorated Credit Quality, and were recorded with a $13.4 million discount. These purchased credit impaired loans will recognize interest income through accretion of the difference between the fair value of the loans and the expected cash flows.
	Core deposit intangible – This intangible asset represents the value of the relationships that Doral Bank had with its deposit customers. The fair value of this intangible asset was estimated based on a discounted cash flow methodology that gave appropriate consideration to expected customer attrition rates, cost of the deposit base, and the net maintenance cost attributable to customer deposits. The Corporation recorded $5.8 million of core deposit intangible.
	Deposits – The fair values used for the demand and savings deposits that comprise the transaction accounts acquired, by definition, equal the amount payable on demand at the acquisition date.  The fair value adjustment of $0.8 million was applied for time deposits because the estimated weighted average interest rate of the assumed certificates of deposits were estimated to be above the current market rates.
	ASC Topic 805 requires the measurement of all recognized assets acquired and liabilities assumed in a business combination at their acquisition-date fair values. Accordingly, the Corporation initially recorded amounts for the fair values of the assets acquired and liabilities assumed based on the best information available at the acquisition date. The Corporation may retrospectively adjust these amounts to reflect new information obtained during the measurement period (not to exceed 12 months) about facts and circumstances that existed as of the acquisition date that, if known, would have affected the acquisition-date fair value measurements. Any retrospective adjustments to acquisition date fair values will affect the bargain purchase gain recognized. During the first quarter of 2015, the Corporation incurred $3.9 million of expenses related to this transaction, primarily included in professional fees expenses in the consolidated statement of income, of which $2.1 million represents acquisition and conversion costs that are considered non-recurring in nature.
	The Corporation's operating results for the quarter ended March 31, 2015, include the operating results of the acquired assets and assumed liabilities subsequent to the acquisition date. The Corporation also considered the pro forma requirements of ASC 805 and deemed it not necessary to provide pro forma financial statements as required under the standard for the Doral Bank transaction as is was not material to the Corporation.

STOCKBASED_COMPENSATION

STOCK-BASED COMPENSATION	3 Months Ended
	Mar. 31, 2015
STOCK-BASED COMPENSATION	NOTE 4 – STOCK-BASED COMPENSATION
	As of January 21, 2007, the Corporation's 1997 stock option plan expired and no additional awards could be granted under that plan. All outstanding awards granted under this plan have continue in full force and effect since then, subject to their original terms.
	The activity of stock options granted under the 1997 stock option plan for the quarter ended March 31, 2015 is set forth below:
		Number of Options	Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value (In thousands)
	Beginning of period outstanding
	and exercisable	82,575	$	187.75
	Options expired	-11,395		358.8
	Options cancelled	-1,332		164.1
	End of period outstanding and
	exercisable	69,848	$	160.3	1.3	$	-
	On April 29, 2008, the Corporation's stockholders approved the First BanCorp 2008 Omnibus Incentive Plan (the “Omnibus Plan”). The Omnibus Plan provides for equity-based compensation incentives (the “awards”) through the grant of stock options, stock appreciation rights, restricted stock, restricted stock units, performance shares, and other stock-based awards. The Omnibus Plan authorizes the issuance of up to 8,169,807 shares of common stock, subject to adjustments for stock splits, reorganizations, and other similar events. The Corporation's Board of Directors, upon receiving the relevant recommendation of the Compensation Committee, has the power and authority to determine those eligible to receive awards and to establish the terms and conditions of any awards, subject to various limits and vesting restrictions that apply to individual and aggregate awards.
	Under the Omnibus Plan, during the first quarter of 2015, 30,068 shares of restricted stock were awarded to one of the Corporation's independent directors of which 4,295 shares vest in one year and the remaining 25,773 shares vest in five years. In addition, in the first quarter of 2015, the Corporation issued 791,464 shares of restricted stock that will vest based on the employees' continued service with the Corporation. For 40,000 of the 791,464 shares awarded to employees, the requisite service period is approximately three months. For the remaining 751,464 shares granted to employees, fifty percent (50%) of those shares vest in two years from the grant date and the remaining 50% percent vest in three years from the grant date. Included in those 751,464 shares of restricted stock are 615,464 shares granted to certain senior officers consistent with the requirements of the Troubled Asset Relief Program (“TARP”) Interim Final Rule, which permit TARP recipients to grant “long-term restricted stock” without violating the prohibition on paying or accruing a bonus payment provided that: (i) the value of the grant may not exceed one-third of the amount of the employee's annual compensation, (ii) no portion of the grant may vest before two years after the grant date, and (iii) the grant must be subject to a further restriction on transfer or payment as described below. Specifically, the stock that has otherwise vested may not become transferable at any time earlier than as permitted under the schedule set forth by TARP, which is based on the repayment in 25% increments of the aggregate financial assistance received from the U.S. Treasury. Hence, notwithstanding the vesting period mentioned above, the employees covered by TARP are restricted from transferring the shares. The U.S. Treasury confirmed that, effective March 2014, it has recovered more than a 25% of its investment in First BanCorp. Therefore, the restriction on transfer relating to 25% of the shares granted under TARP requirements was released.
	The fair value of the shares of restricted stock granted in the first quarter of 2015 was based on the market price of the Corporation's outstanding common stock on the date of the grant. For the 615,464 shares of restricted stock granted under the TARP requirements, the market price was discounted due to account for TARP transferability restrictions. For purposes of determining the awards fair value, the Corporation estimated an appreciation of 14% in the value of the common stock using the Capital Asset Pricing Model as a basis of what would be a market participant's expected return on the Corporation's stock and assumed that the Treasury would hold the common stock of the Corporation that it currently owns for a period not to exceed one year, resulting in a fair value of $3.18 for restricted shares granted under the TARP requirements. Also, the Corporation used empirical data to estimate employee terminations; separate groups of employees that have similar historical exercise behavior were considered separately for valuation purposes.
	The following table summarizes the restricted stock activity in 2015 under the Omnibus Plan for both executive officers covered by the TARP requirements and other employees as well as for the independent directors:
		Quarter Ended
		31-Mar-15
		Number of
		shares of		Weighted-Average
		restricted		Grant Date
		stock		Fair Value
	Non-vested shares at beginning of period	2,327,156	$	3.39
	Granted	821,532		3.92
	Forfeited	-8,500		5.07
	Vested	-63,750		4
	Non-vested shares at March 31, 2015	3,076,438	$	3.51
	For the quarters ended March 31, 2015 and 2014, the Corporation recognized $1.0 million and $0.4 million, respectively, of stock-based compensation expense related to restricted stock awards. As of March 31, 2015, there was $6.0 million of total unrecognized compensation cost related to non-vested shares of restricted stock. The weighted average period over which the Corporation expects to recognize such cost is 2.3 years.
	During the first quarter of 2014, the Corporation issued 810,138 shares of restricted stock that will vest based on the employees' continued service with the Corporation. Fifty percent (50%) of those shares vest in two years from the grant date and the remaining 50% percent vest in three years from the grant date. Included in those 810,138 shares of restricted stock are 653,138 shares granted to certain senior officers consistent with the requirements of TARP. The employees covered by TARP are restricted from transferring the shares, subject to certain conditions as explained above.
	The fair value of the shares of restricted stock granted in the first quarter of 2014 was based on the market price of the Corporation's outstanding common stock on the date of the grant. For the 653,138 shares of restricted stock granted under the TARP requirements, the market price was discounted due to the postvesting restrictions. For purposes of computing the discount, the Corporation estimated an appreciation of 16% in the value of the common stock using the Capital Asset Pricing Model as a basis of what would be a market participant's expected return on the Corporation's stock and assumed that the Treasury would hold the common stock of the Corporation that it owned as of the date of the grants for an additional two years, resulting in a fair value of $2.63 for restricted shares granted under the TARP requirements.
	Stock-based compensation accounting guidance requires the Corporation to develop an estimate of the number of share-based awards that will be forfeited due to employee or director turnover. Quarterly changes in the estimated forfeiture rate may have a significant effect on share-based compensation, as the effect of adjusting the rate for all expense amortization is recognized in the period in which the forfeiture estimate is changed. If the actual forfeiture rate is higher than the estimated forfeiture rate, then an adjustment is made to increase the estimated forfeiture rate, which will result in a decrease in the expense recognized in the financial statements. If the actual forfeiture rate is lower than the estimated forfeiture rate, then an adjustment is made to decrease the estimated forfeiture rate, which will result in an increase in the expense recognized in the financial statements. When unvested options or shares of restricted stock are forfeited, any compensation expense previously recognized on the forfeited awards is reversed in the period of the forfeiture. Approximately $26 thousand and $5 thousand of compensation expense was reversed during the first quarter of 2015 and 2014, respectively, related to forfeited awards.
	Also, under the Omnibus Plan, effective April 1, 2013, the Corporation's Board of Directors determined to increase the salary amounts paid to certain executive officers primarily by paying the increased salary amounts in the form of shares of the Corporation's common stock, instead of cash. During the first quarter of 2015, the Corporation issued 80,234 shares of common stock with a weighted average market value of $6.02 as salary stock compensation. This resulted in a compensation expense of $0.4 million recorded in the first quarter of 2015.
	For the quarter ended March 31, 2015, the Corporation withheld 28,183 shares from the common stock paid to certain senior officers as additional compensation and 22,525 shares of the restricted stock that vested during the first quarter of 2015 to cover employees' payroll and income tax withholding liabilities; these shares are held as treasury shares. The Corporation paid any fractional share of salary stock that the officer was entitled to in cash. In the consolidated financial statements, the Corporation treats shares withheld for tax purposes as common stock repurchases.

INVESTMENT_SECURITIES

INVESTMENT SECURITIES	3 Months Ended
	Mar. 31, 2015
INVESTMENT SECURITIES	NOTE 5 – INVESTMENT SECURITIES
	Investment Securities Available for Sale
	The amortized cost, non-credit loss component of other-than-temporary impairment (“OTTI”) recorded in other comprehensive income (“OCI”), gross unrealized gains and losses recorded in OCI, approximate fair value, weighted average yield and contractual maturities of investment securities available for sale as of March 31, 2015 and December 31, 2014 were as follows:
			31-Mar-15
			Amortized cost			Noncredit Loss Component of OTTI Recorded in OCI			Gross						Fair value			Weighted average yield%
											Unrealized
											gains			losses
			(Dollars in thousands)
	U.S. Treasury securities:
		Due within one year	$	7,500		$	-		$	-		$	-		$	7,500		0.11
	Obligations of U.S.
	government-sponsored
	agencies:
		After 1 to 5 years		278,054			-			318			1,918			276,454		1.25
		After 5 to 10 years		102,745			-			850			1,037			102,558		1.93
	Puerto Rico government
	obligations:
		After 1 to 5 years		39,836			-			-			16,922			22,914		4.49
		After 5 to 10 years		875			-			-			-			875		5.2
		After 10 years		24,821			-			1			7,148			17,674		5.37
	United States and Puerto
	Rico government
	obligations:			453,831			-			1,169			27,025			427,975		1.9
	Other (1)
	Mortgage-backed securities:
	FHLMC certificates:
		After 1 to 5 years		432			-			46			-			478		4.95
		After 10 years		304,628			-			2,733			560			306,801		2.17
				305,060			-			2,779			560			307,279		2.17
	GNMA certificates:
		Due within one year		17			-			-			-			17		3.52
		After 1 to 5 years		55			-			2			-			57		3.93
		After 5 to 10 years		24,189			-			956			-			25,145		3.62
		After 10 years		316,122			-			21,942			-			338,064		3.85
				340,383			-			22,900			-			363,283		3.83
	FNMA certificates:
		After 1 to 5 years		3,743			-			155			-			3,898		3.37
		After 5 to 10 years		16,924			-			646			31			17,539		2.9
		After 10 years		814,520			-			10,059			2,251			822,328		2.35
				835,187			-			10,860			2,282			843,765		2.37
	Collateralized mortgage
		obligations issued or
		guaranteed by the FHLMC:
	Other mortgage pass-through
	trust certificates:
		Over 5 to 10 years		108			-			-			-			108		7.26
		After 10 years		43,012			11,296			-			-			31,716		2.15
				43,120			11,296			-			-			31,824		2.15
	Total mortgage-backed
	securities			1,523,750			11,296			36,539			2,842			1,546,151		2.65
	Other (1)
		After 1 to 5 years		100			-			-			-			100		1.5
	Total investment securities
		available for sale	$	1,977,681		$	11,296		$	37,708		$	29,867		$	1,974,226		2.48
	-1	Represents investment in a Community Investment Fund.
			31-Dec-14
			Amortized cost			Noncredit Loss Component of OTTI Recorded in OCI			Gross						Fair value			Weighted average yield%
											Unrealized
											gains			losses
			(Dollars in thousands)
	U.S. Treasury securities:
		Due within one year	$	7,498		$	-		$	1		$	-		$	7,499		0.11
	Obligations of U.S.
	government-sponsored
agencies:
	After 1 to 5 years		260,889			-			42			4,219			256,712		1.22
	After 5 to 10 years		78,234			-			246			2,077			76,403		1.72
Puerto Rico government
obligations:
	After 1 to 5 years		39,827			-			-			12,419			27,408		4.49
	After 5 to 10 years		886			-			1			-			887		5.2
	After 10 years		20,498			-			-			5,571			14,927		5.83
United States and Puerto
Rico government
obligations:			407,832			-			290			24,286			383,836		1.86
Mortgage-backed securities:
FHLMC certificates:
	After 10 years		315,311			-			1,743			1,260			315,794		2.17
GNMA certificates:
	After 1 to 5 years		39			-			1			-			40		3.26
	After 5 to 10 years		17,108			-			501			-			17,609		3.65
	After 10 years		338,842			-			20,957			-			359,799		3.83
			355,989			-			21,459			-			377,448		3.83
FNMA certificates:
	After 1 to 5 years		4,160			-			181			-			4,341		3.4
	After 5 to 10 years		9,584			-			521			5			10,100		3.49
	After 10 years		837,597			-			7,756			4,854			840,499		2.36
			851,341			-			8,458			4,859			854,940		2.37
Collateralized mortgage
	obligations issued or
	guaranteed by the FHLMC:
Other mortgage pass-through
trust certificates:
	Over 5 to 10 years		111			-			1			-			112		7.27
	After 10 years		45,677			12,141			-			-			33,536		2.17
			45,788			12,141			1			-			33,648		2.17
Total mortgage-backed
	securities		1,568,429			12,141			31,661			6,119			1,581,830		2.66
Equity securities (without
Total investment securities
	available for sale	$	1,976,261		$	12,141		$	31,951		$	30,405		$	1,965,666		2.49
Maturities of mortgage-backed securities are based on contractual terms assuming no prepayments. Expected maturities of investments might differ from contractual maturities because they may be subject to prepayments and/or call options. The weighted average yield on investment securities available for sale is based on amortized cost and, therefore, does not give effect to changes in fair value. The net unrealized gain or loss on securities available for sale and the non credit loss component of OTTI are presented as part of OCI.
The following tables show the Corporation's available-for-sale investments' fair value and gross unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, as of March 31, 2015 and December 31, 2014. The tables also include debt securities for which an OTTI was recognized and only the amount related to a credit loss was recognized in earnings. Unrealized losses for which OTTI had been recognized have been reduced by any subsequent recoveries in fair value.
	As of March 31, 2015
	Less than 12 months						12 months or more						Total
				Unrealized						Unrealized						Unrealized
	Fair Value			Losses			Fair Value			Losses			Fair Value			Losses
		(In thousands)
Debt securities:
Puerto Rico government obligations	$	-		$	-		$	36,314		$	24,070		$	36,314		$	24,070
U.S. government agencies obligations		4,999			-			261,252			2,955			266,251			2,955
Mortgage-backed securities:
FNMA		311,339			1,195			99,932			1,087			411,271			2,282
FHLMC		110,475			352			21,419			208			131,894			560
Collateralized mortgage
obligations issued or
Other mortgage pass-through
trust certificates		-			-			31,716			11,296			31,716			11,296
Corporate bonds
	$	426,813		$	1,547		$	450,633		$	39,616		$	877,446		$	41,163
	As of December 31, 2014
	Less than 12 months						12 months or more						Total
				Unrealized						Unrealized						Unrealized
	Fair Value			Losses			Fair Value			Losses			Fair Value			Losses
		(In thousands)
Debt securities:
Puerto Rico government obligations	$	-		$	-		$	42,335		$	17,990		$	42,335		$	17,990
U.S. government agencies obligations		46,436			74			257,996			6,222			304,432			6,296
Mortgage-backed securities:
FNMA		2,038			5			541,642			4,854			543,680			4,859
FHLMC		-			-			135,277			1,260			135,277			1,260
Collateralized mortgage
obligations issued or
Other mortgage pass-through
trust certificates		-			-			33,536			12,141			33,536			12,141
	$	48,474		$	79		$	1,010,786		$	42,467		$	1,059,260		$	42,546
Assessment for OTTI
On a quarterly basis, the Corporation performs an assessment to determine whether there have been any events or economic circumstances indicating that a security with an unrealized loss has suffered an OTTI. A debt security is considered impaired if the fair value is less than its amortized cost basis at the reporting date. The accounting literature requires the Corporation to assess whether the unrealized loss is other than temporary.
OTTI losses must be recognized in earnings if an investor has the intent to sell the debt security or it is more likely than not that it will be required to sell the debt security before recovery of its amortized cost basis. However, even if an investor does not expect to sell a debt security, it must evaluate expected cash flows to be received and determine if a credit loss has occurred.
An unrealized loss is generally deemed to be other-than-temporary and a credit loss is deemed to exist if the present value of the expected future cash flows is less than the amortized cost basis of the debt security. The credit loss component of an OTTI, if any, is recorded as a component of net impairment losses on investment securities in the accompanying consolidated statements of income, while the remaining portion of the impairment loss is recognized in OCI, provided the Corporation does not intend to sell the underlying debt security and it is “more likely than not” that the Corporation will not have to sell the debt security prior to recovery.
Debt securities issued by U.S. government agencies, government-sponsored entities and the Treasury accounted for approximately 96% of the total available-for-sale portfolio as of March 31, 2015 and no credit losses are expected, given the explicit and implicit guarantees provided by the U.S. federal government. The Corporation's assessment for OTTI was concentrated mainly on private label mortgage-backed securities (“MBS”) with an amortized cost of $43.0 million for which credit losses are evaluated on a quarterly basis and on Puerto Rico Government obligations held as part of the available-for-sale securities portfolio. The Corporation considered the following factors in determining whether a credit loss exists and the period over which the debt security is expected to recover:
The length of time and the extent to which the fair value has been less than the amortized cost basis;
Changes in the near term prospects of the underlying collateral of a security such as changes in default rates, loss severity given default, and significant changes in prepayment assumptions;
The level of cash flows generated from the underlying collateral supporting the principal and interest payments on the debt securities; and
Any adverse change to the credit conditions and liquidity of the issuer, taking into consideration the latest information available about the overall financial condition of the issuer, credit ratings, recent legislation and government actions affecting the issuer's industry and actions taken by the issuer to deal with the present economic climate.
The Corporation recorded OTTI losses on available-for-sale debt securities as follows:
	Private Label MBS
	Quarter ended March 31,
	2015			2014
(In thousands)
Total other-than-temporary impairment losses	$	-		$	-
Credit loss on debt securities for which an OTTI was not previously recognized
Portion of other-than-temporary impairment losses
previously recognized in OCI		-156			-
Net impairment losses recognized in earnings	$	-156		$	-
The following table summarizes the roll-forward of credit losses on debt securities held by the Corporation for which a portion of an OTTI is recognized in OCI:
		Quarter ended March 31,
		2015			2014
(In thousands)
Credit losses at the beginning of the period		$	5,777		$	5,389
Additions:
Credit losses on debt securities for which an
OTTI was previously recognized			156			-
Ending balance of credit losses on debt securities held for
which a portion of an OTTI was recognized in OCI		$	5,933		$	5,389
For the first quarter of 2015, the $156 thousand credit related impairment loss is related to private label MBS, which are collateralized by fixed-rate mortgages on single-family residential properties in the United States. The interest rates on these private-label MBS are variable, tied to 3-month LIBOR and limited to the weighted-average coupon of the underlying collateral. The underlying mortgages are fixed-rate single-family loans with original high FICO scores (over 700) and moderate original loan-to-value ratios (under 80%), as well as moderate delinquency levels.
Based on the expected cash flows derived from the model, and since the Corporation does not have the intention to sell the securities and has sufficient capital and liquidity to hold these securities until a recovery of the fair value occurs, only the credit loss component was reflected in earnings. Significant assumptions in the valuation of the private label MBS were as follows:
	31-Mar-15				31-Dec-14
	Weighted				Weighted
	Average		Range		Average		Range
Discount rate	14.50%		14.50%		14.50%		14.50%
Prepayment rate	32%		18.04%-100.00%		32%		19.89%-100.00%
Projected Cumulative Loss Rate	7.30%		0.00%-80.00%		7.90%		0.64%-80.00%
As of March 31, 2015, the Corporation held approximately $65.5 million of Puerto Rico government and agencies bond obligations, mainly bonds of the Government Development Bank (“GDB”) and the Puerto Rico Building Authority, as part of its available-for-sale investment securities portfolio, which were reflected at their aggregate fair value of $41.5 million. During the first quarter of 2015, the fair value of these obligation decreased by $6.1 million. In February and March 2014, Standard & Poor's (“S&P”), Moody's Investor Service (“Moody's”) and Fitch Ratings (“Fitch”) downgraded the Commonwealth of Puerto Rico general obligations bonds and other obligations of Puerto Rico instrumentalities to non-investment grade categories. In February and April 2015, Moody's and S&P downgraded the Puerto Rico's general obligation debt further and right now is rated seven notches below investment grade.
The issuers of Puerto Rico government and agencies bonds held by the Corporation have not defaulted, and the contractual payments on these securities have been made as scheduled. The Corporation has the ability and intent to hold these securities until a recovery of the fair value occurs, and it is not more likely than not that the Corporation will be required to sell the securities prior to such recovery. It is uncertain how the financial markets may react to any potential further rating downgrade of Puerto Rico's debt. However, further deterioration in the fiscal situation could further adversely affect the value of Puerto Rico's government obligations. The Corporation will continue to closely monitor Puerto Rico's political and economic status and evaluate the portfolio for any declines in value that could be considered other-than-temporary.

OTHER_EQUITY_SECURITIES

OTHER EQUITY SECURITIES	3 Months Ended
	Mar. 31, 2015
OTHER EQUITY SECURITIES	NOTE 6 – OTHER EQUITY SECURITIES
	Institutions that are members of the FHLB system are required to maintain a minimum investment in FHLB stock. Such minimum investment is calculated as a percentage of aggregate outstanding mortgages, and an additional investment is required that is calculated as a percentage of total FHLB advances, letters of credit, and the collateralized portion of interest-rate swaps outstanding. The stock is capital stock issued at $100 par value. Both stock and cash dividends may be received on FHLB stock.
	As of March 31, 2015 and December 31, 2014, the Corporation had investments in FHLB stock with a book value of $25.5 million. The net realizable value is a reasonable proxy for the fair value of these instruments. Dividend income from FHLB stock for each of the quarters ended March 31, 2015 and 2014 was $0.3 million.
	The shares of FHLB stock owned by the Corporation were issued by the FHLB of New York. The FHLB of New York is part of the Federal Home Loan Bank System, a national wholesale banking network of 12 regional, stockholder-owned congressionally chartered banks. The Federal Home Loan Banks are all privately capitalized and operated by their member stockholders. The system is supervised by the Federal Housing Finance Agency, which ensures that the Federal Home Loan Banks operate in a financially safe and sound manner, remain adequately capitalized and able to raise funds in the capital markets, and carry out their housing finance mission.
	The Corporation has other equity securities that do not have a readily available fair value. The carrying value of such securities as of March 31, 2015 and December 31, 2014 was $0.7 million and $0.3 million, respectively.

LOAN_PORTFOLIO

LOAN PORTFOLIO	3 Months Ended
	Mar. 31, 2015
LOAN PORTFOLIO	NOTE 7 – LOANS HELD FOR INVESTMENT
	The following provides information about the loan portfolio held for investment:
			March 31,			December 31,
				2015			2014
	(In thousands)
	Residential mortgage loans, mainly secured by first mortgages		$	3,331,620		$	3,011,187
	Commercial loans:
	Construction loans			124,440			123,480
	Commercial mortgage loans			1,649,263			1,665,787
	Commercial and Industrial loans (1)			2,442,867			2,479,437
	Loans to local financial institution collateralized by
	Total Commercial loans			4,216,570			4,268,704
	Finance leases			230,183			232,126
	Consumer loans			1,706,999			1,750,419
	Loans held for investment			9,485,372			9,262,436
	Allowance for loan and lease losses			-226,064			-222,395
	Loans held for investment, net		$	9,259,308		$	9,040,041
	__________
	-1	As of March 31, 2015 and December 31, 2014, includes $1.1 billion of commercial loans that are secured by real estate but are not dependent upon the real estate for repayment.
	Loans held for investment on which accrual of interest income had been discontinued as of the indicated dates were as follows:
	(In thousands)		March 31,			December 31,
			2015			2014
	Non-performing loans:
	Residential mortgage		$	172,583		$	180,707
	Commercial mortgage			142,385			148,473
	Commercial and Industrial			186,500			122,547
	Construction:
	Land			14,091			15,030
	Construction-residential			13,072			14,324
	Consumer:
	Auto loans			19,043			22,276
	Finance leases			2,979			5,245
	Other consumer loans			12,891			15,294
	Total non-performing loans held for investment (1)(2)(3)		$	563,544		$	523,896
	_______________
	-1	As of March 31, 2015 and December 31, 2014, excludes $54.6 million of non-performing loans held for sale.
	-2	Amount excludes purchased-credit impaired ("PCI") loans with a carrying value of approximately $181.1 million and $102.6 million as of March 31, 2015 and December 31, 2014, respectively, primarily mortgage loans acquired from Doral Bank in the first quarter of 2015 and second quarter of 2014, as further discussed below. These loans are not considered non-performing due to the application of the accretion method, under which these loans will accrete interest income over the remaining life of the loans using an estimated cash flow analysis.
	-3	Non-performing loans exclude $434.2 million and $494.6 million of Troubled Debt Restructuring ("TDR") loans that are in compliance with the modified terms and in accrual status as of March 31, 2015 and December 31, 2014, respectively.
	Loans in Process of Foreclosure
	As of March 31, 2015, the recorded investment of residential mortgage loans collateralized by residential real estate property that are in the process of foreclosure amounted to $161.1 million. The Corporation commences the foreclosure process on residential real estate loans when a borrower becomes 120 days delinquent in accordance with Consumer Finance Protection Bureau Guidelines (CFPB). Foreclosure procedures and timelines vary depending on whether the property address resides on a judicial or non-judicial state. Judicial states (Puerto Rico) require the foreclosure to be processed through the state's court while non-judicial states are processed without court intervention. Foreclosure timelines vary according to state law and Investor Guidelines. Occasionally foreclosures may be delayed due to mandatory mediations, bankruptcy, court delays and title issues, among other reasons.
	The Corporation’s aging of the loans held for investment portfolio is as follows:
	As of March 31, 2015
	(In thousands)		30-59 Days Past Due			60-89 Days Past Due			90 days or more Past Due (1)			Total Past Due			Purchased Credit-Impaired Loans			Current			Total loans held for investment		90 days past due and still accruing (2)
	Residential mortgage:
	FHA/VA and other government-guaranteed
	loans (2)(3)(4)		$	-		$	8,200		$	96,086		$	104,286		$	-		$	51,376		$	155,662	$	96,086
	Other residential mortgage loans (4)			-			88,209			191,014			279,223			177,601			2,719,134			3,175,958		18,431
	Commercial:
	Commercial and Industrial loans			22,933			3,193			207,063			233,189			-			2,209,678			2,442,867		20,563
	Commercial mortgage loans (4)			-			1,564			165,778			167,342			3,279			1,478,642			1,649,263		23,393
	Construction:
	Land (4)			-			383			14,291			14,674			-			39,516			54,190		200
	Construction-commercial			-			-			-			-			-			27,456			27,456		-
	Construction-residential (4)			-			-			13,072			13,072			-			29,722			42,794		-
	Consumer:
	Auto loans			76,721			18,548			19,043			114,312			-			914,058			1,028,370		-
	Finance leases			10,975			2,893			2,979			16,847			-			213,336			230,183		-
	Other consumer loans			10,355			5,464			16,339			32,158			234			646,237			678,629		3,448
	Total loans held for investment		$	120,984		$	128,454		$	725,665		$	975,103		$	181,114		$	8,329,155		$	9,485,372	$	162,121
	_____________
	-1	Includes non-performing loans and accruing loans which are contractually delinquent 90 days or more (i.e., FHA/VA guaranteed loans and credit cards). Credit card loans continue to accrue finance charges fees until charged-off at 180 days.
	-2	It is the Corporation's policy to report delinquent residential mortgage loans insured by the FHA or guaranteed by the VA as past-due loans 90 days and still accruing as opposed to non-performing loans since the principal repayment is insured. These balances include $30.1 million of residential mortgage loans insured by the FHA or guaranteed by the VA, which are over 18 months delinquent, and are no longer accruing interest as of March 31, 2015.
	-3	As of March 31, 2015, includes $26.2 million of defaulted loans collateralizing Government National Mortgage Association ("GNMA") securities for which the Corporation has an unconditional option (but not an obligation) to repurchase the defaulted loans.
	-4	According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C) required by the Federal Reserve Board, residential mortgage, commercial mortgage, and construction loans are considered past due when the borrower is in arrears two or more monthly payments. FHA/VA government guaranteed loans, other residential mortgage loans, commercial mortgage loans, land loans and construction-residential loans past due 30-59 days as of March 31, 2015 amounted to $12.2 million, $177.4 million, $38.4 million, $6.1 million, and $1.6 million, respectively.
As of December 31, 2014
(In thousands)		30-59 Days Past Due			60-89 Days Past Due			90 days or more Past Due (1)			Total Past Due			Purchased Credit- Impaired Loans			Current			Total loans held for investment		90 days past due and still accruing (2)
Residential mortgage:
FHA/VA and other government-guaranteed
loans (2)(3)(4)		$	-		$	9,733		$	81,055		$	90,788		$	-		$	62,782		$	153,570	$	81,055
Other residential mortgage loans (4)			-			78,336			199,078			277,414			98,494			2,481,709			2,857,617		18,371
Commercial:
Commercial and Industrial loans			22,217			7,445			143,928			173,590			-			2,305,847			2,479,437		21,381
Commercial mortgage loans (4)			-			15,482			171,281			186,763			3,393			1,475,631			1,665,787		22,808
Construction:
Land (4)			-			210			15,264			15,474			-			40,447			55,921		234
Construction-commercial (4)			-			-			-			-			-			24,562			24,562		-
Construction-residential (4)			-			-			14,324			14,324			-			28,673			42,997		-
Consumer:
Auto loans			77,385			19,665			22,276			119,326			-			941,456			1,060,782		-
Finance leases			8,751			2,734			5,245			16,730			-			215,396			232,126		-
Other consumer loans			9,801			6,054			18,671			34,526			717			654,394			689,637		3,377
Total loans held for investment		$	118,154		$	139,659		$	671,122		$	928,935		$	102,604		$	8,230,897		$	9,262,436	$	147,226
____________
-1	Includes non-performing loans and accruing loans which are contractually delinquent 90 days or more (i.e. FHA/VA guaranteed loans and credit cards). Credit card loans continue to accrue finance charges and fees until charged-off at 180 days.
-2	It is the Corporation's policy to report delinquent residential mortgage loans insured by the FHA or guaranteed by the VA as past-due loans 90 days and still accruing as opposed to non-performing loans since the principal repayment is insured. These balances include $40.4 million of residential mortgage loans insured by the FHA or guaranteed by the VA, which are over 18 months delinquent, and are no longer accruing interest as of December 31, 2014.
-3	As of December 31, 2014, includes $9.3 million of defaulted loans collateralizing GNMA securities for which the Corporation has an unconditional option (but not an obligation) to repurchase the defaulted loans.
-4	According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C) required by the Federal Reserve Board, residential mortgage, commercial mortgage, and construction loans are considered past due when the borrower is in arrears two or more monthly payments. FHA/VA government guaranteed loans, other residential mortgage loans, commercial mortgage loans, land loans and construction-residential loans past due 30-59 days as of December 31, 2014 amounted to $14.0 million, $189.1 million, $20.8 million, $0.8 million and $1.0 million , respectively.
The Corporation’s credit quality indicators by loan type as of March 31, 2015 and December 31, 2014 are summarized below:
		Commercial Credit Exposure-Credit Risk Profile Based on Creditworthiness Category:
		Substandard			Doubtful			Loss			Total Adversely Classified (1)			Total Portfolio
31-Mar-15
(In thousands)
Commercial mortgage		$	227,195		$	-		$	-		$	227,195		$	1,649,263
Construction:
Land			15,930			-			-			15,930			54,190
Construction-commercial			11,790			-			-			11,790			27,456
Construction-residential			12,265			808			-			13,073			42,794
Commercial and Industrial			229,112			6,293			789			236,194			2,442,867
		Commercial Credit Exposure-Credit Risk Profile Based on Creditworthiness Category:
		Substandard			Doubtful			Loss			Total Adversely Classified (1)			Total Portfolio
31-Dec-14
(In thousands)
Commercial mortgage		$	273,027		$	897		$	-		$	273,924		$	1,665,787
Construction:
Land			16,915			-			-			16,915			55,921
Construction-commercial			11,790			-			-			11,790			24,562
Construction-residential			13,548			776			-			14,324			42,997
Commercial and Industrial			234,926			4,884			801			240,611			2,479,437
_________
-1	Excludes $54.6 million ($7.8 million land, $39.1 million construction-commercial, $0.9 million construction-residential, and $ 6.8 million commercial mortgage) as of March 31, 2015 and December 31, 2014, of non-performing loans held for sale.
The Corporation considers a loan as adversely classified if its risk rating is Substandard, Doubtful or Loss. These categories are defined as follows:
Substandard- A Substandard asset is inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. Assets so classified must have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected.
Doubtful- Doubtful classifications have all the weaknesses inherent in those classified Substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently known facts, conditions and values, highly questionable and improbable. A Doubtful classification may be appropriate in cases where significant risk exposures are perceived, but Loss cannot be determined because of specific reasonable pending factors, which may strengthen the credit in the near term.
Loss- Assets classified Loss are considered uncollectible and of such little value that their continuance as bankable assets is not warranted. This classification does not mean that the asset has absolutely no recovery or salvage value, but rather that it is not practical or desirable to defer writing off this basically worthless asset even though partial recovery may be affected in the future. There is little or no prospect for near term improvement and no realistic strengthening action of significance pending.
31-Mar-15		Consumer Credit Exposure-Credit Risk Profile Based on Payment Activity
		Residential Real-Estate						Consumer
		FHA/VA/ Guaranteed (1)			Other residential loans			Auto			Finance Leases			Other Consumer
(In thousands)
Performing		$	155,662		$	2,825,774		$	1,009,327		$	227,204		$	665,504
Purchased Credit-Impaired (2)			-			177,601			-			-			234
Non-performing			-			172,583			19,043			2,979			12,891
Total		$	155,662		$	3,175,958		$	1,028,370		$	230,183		$	678,629
-1	It is the Corporation's policy to report delinquent residential mortgage loans insured by the FHA or guaranteed by the VA as past due loans 90 days and still accruing as opposed to non-performing loans since the principal repayment is insured. These balances include $30.1 million of residential mortgage loans insured by the FHA or guaranteed by the VA, which are over 18 months delinquent, and are no longer accruing interest as of March 31, 2015.
-2	PCI loans are excluded from non-performing statistics due to the application of the accretion method, under which these loan will accrete interest income over the remaining life of the loans using estimated cash flow analysis.
31-Dec-14		Consumer Credit Exposure-Credit Risk Profile Based on Payment Activity
			Residential Real-Estate					Consumer
		FHA/VA/ Guaranteed (1)			Other residential loans			Auto			Finance Leases			Other Consumer
(In thousands)
Performing		$	153,570		$	2,578,416		$	1,038,506		$	226,881		$	673,626
Purchased Credit-Impaired (2)			-			98,494			-			-			717
Non-performing			-			180,707			22,276			5,245			15,294
Total		$	153,570		$	2,857,617		$	1,060,782		$	232,126		$	689,637
-1	It is the Corporation's policy to report delinquent residential mortgage loans insured by the FHA or guaranteed by the VA as past due loans 90 days and still accruing as opposed to non-performing loans since the principal repayment is insured. These balances include $40.4 million of residential mortgage loans insured by the FHA or guaranteed by the VA, which are over 18 months delinquent, and are no longer accruing interest as of December 31, 2014.
-2	PCI loans are excluded from non-performing statistics due to the application of the accretion method, under which these loan will accrete interest income over the remaining life of the loans using estimated cash flow analysis.
The following tables present information about impaired loans, excluding purchased credit-impaired loans, which are reported separately as discussed below:
Impaired Loans
(In thousands)
	Recorded Investment			Unpaid Principal Balance			Related Specific Allowance			Average Recorded Investment			Interest Income Recognized On Accrual Basis			Interest Income Recognized On Cash Basis
As of March 31, 2015
With no related allowance recorded:
FHA/VA-Guaranteed loans	$	-		$	-		$	-		$	-		$	-		$	-
Other residential mortgage loans		62,337			68,263			-			63,040			199			79
Commercial:
Commercial mortgage loans		100,797			120,956			-			101,196			406			425
Commercial and Industrial Loans		32,080			36,975			-			33,802			18			200
Construction:
Land		1,473			4,726			-			1,473			-			-
Construction-commercial		-			-			-			-			-			-
Construction-residential		6,762			9,346			-			6,943			41			-
Consumer:
Auto loans		562			562			-			562			10			-
Finance leases		-			-			-			-			-			-
Other consumer loans		3,229			4,634			-			3,268			10			26
	$	207,240		$	245,462		$	-		$	210,284		$	684		$	730
With an allowance recorded:
FHA/VA-Guaranteed loans	$	-		$	-		$	-		$	-		$	-		$	-
Other residential mortgage loans		367,189			416,579			14,862			368,999			4,224			414
Commercial:
Commercial mortgage loans		123,568			143,090			13,238			124,701			475			279
Commercial and Industrial Loans		194,576			227,417			24,871			196,896			1,950			43
Construction:
Land		9,355			13,181			1,220			9,413			15			9
Construction-commercial		11,790			11,790			1,145			11,790			128			-
Construction-residential		8,213			8,917			1,016			8,202			3			-
Consumer:
Auto loans		16,986			16,986			3,058			17,472			328			-
Finance leases		2,053			2,053			186			2,137			48			-
Other consumer loans		14,011			14,259			2,544			14,266			382			3
	$	747,741		$	854,272		$	62,140		$	753,876		$	7,553		$	748
Total:
FHA/VA-Guaranteed loans	$	-		$	-		$	-		$	-		$	-		$	-
Other residential mortgage loans		429,526			484,842			14,862			432,039			4,423			493
Commercial:
Commercial mortgage loans		224,365			264,046			13,238			225,897			881			704
Commercial and Industrial Loans		226,656			264,392			24,871			230,698			1,968			243
Construction:
Land		10,828			17,907			1,220			10,886			15			9
Construction-commercial		11,790			11,790			1,145			11,790			128			-
Construction-residential		14,975			18,263			1,016			15,145			44			-
Consumer:
Auto loans		17,548			17,548			3,058			18,034			338			-
Finance leases		2,053			2,053			186			2,137			48			-
Other consumer loans		17,240			18,893			2,544			17,534			392			29
	$	954,981		$	1,099,734		$	62,140		$	964,160		$	8,237		$	1,478
Impaired Loans
(In thousands)
	Recorded Investment			Unpaid Principal Balance			Related Specific Allowance			Average Recorded Investment
As of December 31, 2014
With no related allowance recorded:
FHA/VA-Guaranteed loans	$	-		$	-		$	-		$	-
Other residential mortgage loans		74,177			80,522			-			75,711
Commercial:
Commercial mortgage loans		109,271			132,170			-			113,674
Commercial and Industrial Loans		41,131			47,647			-			42,011
Construction:
Land		2,994			6,357			-			3,030
Construction-commercial		-			-			-			-
Construction-residential		7,461			10,100			-			8,123
Consumer:
Auto loans		-			-			-			-
Finance leases		-			-			-			-
Other consumer loans		3,778			5,072			-			3,924
	$	238,812		$	281,868		$	-		$	246,473
With an allowance recorded:
FHA/VA-Guaranteed loans	$	-		$	-		$	-		$	-
Other residential mortgage loans		350,067			396,203			10,854			357,129
Commercial:
Commercial mortgage loans		101,467			116,329			14,289			104,191
Commercial and Industrial Loans		195,240			226,431			21,314			198,930
Construction:
Land		9,120			12,821			794			10,734
Construction-commercial		11,790			11,790			790			11,867
Construction-residential		8,102			8,834			993			8,130
Consumer:
Auto loans		16,991			16,991			2,787			18,504
Finance leases		2,181			2,181			253			2,367
Other consumer loans		11,637			12,136			3,131			12,291
	$	706,595		$	803,716		$	55,205		$	724,143
Total:
FHA/VA-Guaranteed loans	$	-		$	-		$	-		$	-
Other residential mortgage loans		424,244			476,725			10,854			432,840
Commercial:
Commercial mortgage loans		210,738			248,499			14,289			217,865
Commercial and Industrial Loans		236,371			274,078			21,314			240,941
Construction:
Land		12,114			19,178			794			13,764
Construction-commercial		11,790			11,790			790			11,867
Construction-residential		15,563			18,934			993			16,253
Consumer:
Auto loans		16,991			16,991			2,787			18,504
Finance leases		2,181			2,181			253			2,367
Other consumer loans		15,415			17,208			3,131			16,215
	$	945,407		$	1,085,584		$	55,205		$	970,616
Interest income of approximately $7.6 million ($5.9 million accrual basis and $1.7 million cash basis) was recognized on impaired loans for the first quarter of 2014.
The following table shows the activity for impaired loans and the related specific reserve during the first quarter of 2015 and 2014:
	Quarter ended
	31-Mar-15			31-Mar-14
Impaired Loans:	(In thousands)
Balance at beginning of period	$	945,407		$	919,112
Loans determined impaired during the period		62,933			54,277
Charge-offs		-11,715			-32,039
Loans sold, net of charge-offs		-1,137			-
Increases to impaired loans- additional disbursements		519			625
Foreclosures		-9,952			-4,006
Loans no longer considered impaired		-9,898			-3,728
Paid in full or partial payments		-21,176			-54,853
Balance at end of period	$	954,981		$	879,388
	Quarter ended
	31-Mar-15			31-Mar-14
Specific Reserve:	(In thousands)
Balance at beginning of period	$	55,205		$	102,601
Provision for loan losses		18,650			14,454
Charge-offs		-11,715			-32,039
Balance at end of period	$	62,140		$	85,016
Purchased Credit Impaired (“PCI”) Loans
As described in Note 2, Business Combination, the Corporation acquired PCI loans as part of the Doral Bank transaction and in previously completed asset acquisitions which are accounted under ASC 310-30. These previous transactions include the acquisition from Doral Financial in the second quarter of 2014 of all its rights, title and interest in first and second residential mortgages loans in full satisfaction of secured borrowings owed by such entity to FirstBank, and the acquisition in 2012 of a FirstBank-branded credit card loans portfolio from FIA Card Services (“FIA”).
Under ASC 310-30, the acquired PCI loans were aggregated into pools based on similar characteristics (i.e. delinquency status, loan terms). Each loan pool is accounted for as a single asset with a single composite interest rate and an aggregate expectation of cash flows. Since the loans are accounted for by the Corporation under ASC 310-30, they are not considered non-performing and will continue to have an accretable yield as long as there is a reasonable expectation about the timing and amount of cash flows expected to be collected. The Corporation recognizes additional losses for this portfolio when it is probable that the Corporation will be unable to collect all cash flows expected as of the acquisition date plus additional cash flows expected to be collected arising from changes in estimates after the acquisition date.
The carrying amount of PCI loans follows:
			March 31,			December 31,
			2015			2014
		(In thousands)
Residential mortgage loans		$	177,601		$	98,494
Commercial mortgage loans			3,279			3,393
Credit Cards			234			717
		$	181,114		$	102,604
	The following tables present PCI loans by past due status as of March 31, 2015 and December 31, 2014:
As of March 31, 2015		30-59 Days			60-89 Days			90 days or more			Total Past Due						Total PCI loans
																				Current
		(In thousands)
Residential mortgage loans (1)		$	-		$	13,572		$	15,775		$	29,347		$	148,254		$	177,601
Commercial mortgage loans (1)			-			130			653			783			2,496			3,279
Credit Cards			22			-			22			44			190			234
		$	22		$	13,702		$	16,450		$	30,174		$	150,940		$	181,114
_____________
-1	According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C) required by the Federal Reserve Board, residential mortgage and commercial mortgage loans are considered past due when the borrower is in arrears two or more monthly payments. PCI residential mortgage loans and commercial mortgage loans past due 30-59 days as of March 31, 2015 amounted to $32.0 million and $0.3 million, respectively.
As of December 31, 2014		30-59 Days			60-89 Days			90 days or more			Total Past Due						Total PCI loans
																				Current
		(In thousands)
Residential mortgage loans (1)		$	-		$	12,571		$	15,176		$	27,747		$	70,747		$	98,494
Commercial mortgage loans (1)			-			356			443			799			2,594			3,393
Credit Cards			47			25			42			114			603			717
		$	47		$	12,952		$	15,661		$	28,660		$	73,944		$	102,604
_____________
-1	According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C) required by the Federal Reserve Board, residential mortgage and commercial mortgage loans are considered past due when the borrower is in arrears two or more monthly payments. PCI residential mortgage loans and commercial mortgage loans past due 30-59 days as of December 31, 2014 amounted to $16.6 million and $0.8 million, respectively.
Initial Fair Value and Accretable Yield of PCI Loans
At acquisition, the Corporation estimated the cash flows the Corporation expected to collect on PCI loans. Under the accounting guidance for PCI loans, the difference between the contractually required payments and the cash flows expected to be collected at acquisition is referred to as the nonaccretable difference. This difference is neither accreted into income nor recorded on the Corporation's consolidated statement of financial condition. The excess of cash flows expected to be collected over the estimated fair value is referred to as the accretable yield and is recognized in interest income over the remaining life of the loans, using the effective-yield method.
The following table presents acquired loans from Doral Bank in the first quarter of 2015 accounted for pursuant to ASC 310-30 as of the acquisition date:
			(In thousands)
Contractually- required principal and interest			$	166,947
Less: Nonaccretable difference				-48,739
Cash flows expected to be collected				118,208
Less: Accretable yield				-38,319
Fair value of loans acquired in 2015 (1)			$	79,889
-1	Amounts are preliminary estimates based on the best information available at the acquisition date and adjustments in future quarters may occur up to one year from the date of acquisition.
The cash flows expected to be collected consider the estimated remaining life of the underlying loans and include the effects of estimated prepayments.
Changes in accretable yield of acquired loans
Subsequent to acquisition, the Corporation is required to periodically evaluate its estimate of cash flows expected to be collected. These evaluations, performed quarterly, require the continued use of key assumptions and estimates, similar to the initial estimate of fair value. Subsequent changes in the estimated cash flows expected to be collected may result in changes in the accretable yield and nonaccretable difference or reclassifications from nonaccretable yield to accretable. Increases in the cash flows expected to be collected will generally result in an increase in interest income over the remaining life of the loan or pool of loans. Decreases in expected cash flows due to further credit deterioration will generally result in an impairment charge recognized in the Corporation's provision for loan and lease losses, resulting in an increase to the allowance for loan losses. During the first quarter of 2015 and 2014, the Corporation did not record charges to the provision for loan losses related to PCI loans.
Changes in the accretable yield of PCI loans for the quarters ended March 31, 2015 and 2014 were as follows:
		31-Mar-15			31-Mar-14
		(In thousands)
Balance at beginning of period		$	82,460		$	-
Additions (accretable yield at acquisition
of loans from Doral Bank)			38,319			-
Accretion recognized in earnings			-2,277			-
Balance at end of period		$	118,502		$	-
Changes in the carrying amount of loans accounted for pursuant to ASC 310-30 follows:
			Quarter ended
			31-Mar-15
			(In thousands)
Balance at beginning of period			$	102,604
Additions				79,889
Accretion				2,277
Collections				-3,656
Ending balance			$	181,114
The outstanding principal balance of PCI loans, including amounts charged off by the Corporation, amounted to $226.7 million as of March 31, 2015 (December 31, 2014- $135.5 million).
Purchases and Sales of Loans
As described in Note 2, Business Combination, on February 27, 2015, FirstBank acquired $324.8 million in principal of loans, primarily residential mortgage loans through an alliance with other co-bidders on the failed Doral Bank, a portion of which was accounted as PCI loans as described above. Pursuant to the terms of the purchase and assumption agreement, FirstBank purchased the loans at an aggregate discount of 9.0%, or approximately $29 million through an FDIC facilitated transaction. The transaction was accounted under ASC Topic 820, which requires all recognized assets acquired and liabilities assumed in a business combination to be measured at their acquisition-date fair values. The fair value of the loans acquired in this transaction was $311.4 million at acquisition date.
In addition, during the first quarter of 2015, the Corporation purchased $23.8 million of residential mortgage loans consistent with a strategic program established by the Corporation in 2005 to purchase ongoing residential mortgage loan production from mortgage bankers in Puerto Rico and purchased a $21.1 million participation on a commercial loan. Generally, the loans purchased from mortgage bankers were conforming residential mortgage loans. Purchases of conforming residential mortgage loans provide the Corporation the flexibility to retain or sell the loans, including through securitization transactions, depending upon the Corporation's interest rate risk management strategies. When the Corporation sells such loans, it generally keeps the servicing of the loans.
In the ordinary course of business, the Corporation sells residential mortgage loans (originated or purchased) to GNMA and government-sponsored entities (“GSEs”) such as Fannie Mae (“FNMA”) and Freddie Mac (“FHLMC”), generally securitize the transferred loans into mortgage-backed securities for sale into the secondary market. The Corporation sold approximately $38.4 million of performing residential mortgage loans in the secondary market to FNMA and FHLMC during the first quarter of 2015. Also, the Corporation securitized $46.9 million of FHA/VA mortgage loans into GNMA mortgage-backed securities during the first quarter of 2015. The Corporation's continuing involvement in these loan sales consists primarily of servicing the loans. In addition, the Corporation agreed to repurchase loans when it breaches any of the representations and warranties included in the sale agreement. These representations and warranties are consistent with the GSEs' selling and servicing guidelines (i.e., ensuring that the mortgage was properly underwritten according to established guidelines).
For loans sold to GNMA, the Corporation holds an option to repurchase individual delinquent loans issued on or after January 1, 2003 when the borrower fails to make any payment for three consecutive months. This option gives the Corporation the ability, but not the obligation, to repurchase the delinquent loans at par without prior authorization from GNMA.
Under ASC Topic 860, Transfer and Servicing, once the Corporation has the unilateral ability to repurchase the delinquent loan, it is considered to have regained effective control over the loan and is required to recognize the loan and a corresponding repurchase liability on the balance sheet regardless of the Corporation's intent to repurchase the loan.
During the first quarter of 2015, the Corporation repurchased pursuant to its repurchase option with GNMA $3.0 million of loans previously sold to GNMA. The principal balance of these loans is fully guaranteed and the risk of loss related to repurchases is generally limited to the difference between the delinquent interest payment advanced to GNMA computed at the loan's interest rate and the interest payments reimbursed by FHA, which are computed at a pre-determined debenture rate. Repurchases of GNMA loans allow the Corporation, among other things, to maintain acceptable delinquency rates on outstanding GNMA pools and remain as a seller and servicer in good standing with GNMA. The Corporation generally remediates any breach of representations and warranties related to the underwriting of such loans according to established GNMA guidelines without incurring losses. The Corporation does not maintain a liability for estimated losses as a result of breaches in representations and warranties.
Loan sales to FNMA and FHLMC are without recourse in relation to the future performance of the loans. The Corporation repurchased at par loans previously sold to FNMA and FHLMC in the amount of $0.2 million during the first quarter of 2015. The Corporation's risk of loss with respect to these loans is also minimal as these repurchased loans are generally performing loans with documentation deficiencies. No losses related to breaches of representations and warranties were incurred in the first quarter of 2015. Historically, losses experienced on these loans have been immaterial. As a consequence, as of March 31, 2015, the Corporation does not maintain a liability for estimated losses on loans expected to be repurchased as a result of breaches in loan and servicer representations and warranties.
In addition, the Corporation sold $3.5 million of non-performing commercial and industrial loans in the first quarter of 2015.
Loan Portfolio Concentration
The Corporation's primary lending area is Puerto Rico. The Corporation's banking subsidiary, First Bank, also lends in the USVI and BVI markets and in the United States (principally in the state of Florida). Of the total gross loans held for investment of $9.5 billion as of March 31, 2015, approximately 83% have credit risk concentration in Puerto Rico, 11% in the United States, and 6% in the USVI and BVI.
As of March 31, 2015, the Corporation had $335.7 million of credit facilities granted to the Puerto Rico government, its municipalities and public corporations, of which $321.7 million was outstanding, compared to $308.0 million outstanding as of December 31, 2014. In addition, the outstanding balance of facilities granted to the government of the Virgin Islands amounted to $61.0 million as of March 31, 2015, compared to $57.7 million as of December 31, 2014. Approximately $201.3 million of the granted credit facilities outstanding consists of loans to municipalities in Puerto Rico. Municipal debt exposure is secured by ad valorem taxation without limitation as to rate or amount on all taxable property within the boundaries of each municipality. The good faith, credit, and unlimited taxing power of the applicable municipality have been pledged to the repayment of all outstanding bonds and notes. Approximately $24.5 million consists of loans to units of the central government, and approximately $95.9 million consists of loans to public corporations that generally receive revenues from the rates they charge for services or products, such as electric power services, including a $75.0 million credit facility extended to the Puerto Rico Electric Power Authority (“PREPA”) for fuel purchases that have priority over senior bonds and other debt. The $75 million outstanding under this credit facility was placed in non-accrual status in the first quarter of 2015 since the government agency has not yet completed its restructuring plan. Major public corporations have varying degrees of independence from the central government and many receive appropriations or other payments from the Puerto Rico's government general fund. Debt issued by the central government can either carry the full faith, credit and taxing power of the Commonwealth of Puerto Rico or represent an obligation that is subject to annual budget appropriations.
Furthermore, the Corporation had $132.5 million outstanding as of March 31, 2015 in loans to the hotel industry in Puerto Rico guaranteed by the Puerto Rico Tourism Development Fund (“TDF”), compared to $133.3 million as of December 31, 2014. The TDF is a subsidiary of the GDB that works with private-sector financial institutions to structure financings for new hospitality projects.
As disclosed in Note 5, S&P, Moody's and Fitch downgraded the credit rating of the Commonwealth of Puerto Rico's debt to non-investment grade categories. The Corporation cannot predict at this time the impact that the current fiscal situation of the Commonwealth of Puerto Rico and the various legislative and other measures adopted and to be adopted by the Puerto Rico government in response to such fiscal situation will have on the Puerto Rico economy and on the Corporation's financial condition and results of operations.
Troubled Debt Restructurings
The Corporation provides homeownership preservation assistance to its customers through a loss mitigation program in Puerto Rico that is similar to the U.S. government's Home Affordable Modification Program guidelines. Depending upon the nature of borrowers' financial condition, restructurings or loan modifications through this program as well as other restructurings of individual commercial, commercial mortgage, construction, and residential mortgage loans in the U.S. mainland fit the definition of a TDR. A restructuring of a debt constitutes a TDR if the creditor for economic or legal reasons related to the debtor's financial difficulties grants a concession to the debtor that it would not otherwise consider. Modifications involve changes in one or more of the loan terms that bring a defaulted loan current and provide sustainable affordability. Changes may include the refinancing of any past-due amounts, including interest and escrow, the extension of the maturity of the loan and modifications of the loan rate. As of March 31, 2015, the Corporation's total TDR loans of $705.1 million consisted of $354.1 million of residential mortgage loans, $166.7 million of commercial and industrial loans, $136.8 million of commercial mortgage loans, $12.5 million of construction loans, and $35.0 million of consumer loans. Outstanding unfunded commitments on TDR loans amounted to $47 thousand as of March 31, 2015.
The Corporation's loss mitigation programs for residential mortgage and consumer loans can provide for one or a combination of the following: movement of interest past due to the end of the loan, extension of the loan term, deferral of principal payments and reduction of interest rates either permanently or for a period of up to four years (increasing back in step-up rates). Additionally, in certain cases, the restructuring may provide for the forgiveness of contractually due principal or interest. Uncollected interest is added to the end of the loan term at the time of the restructuring and not recognized as income until collected or when the loan is paid off. These programs are available only to those borrowers who have defaulted, or are likely to default, permanently on their loan and would lose their homes in the foreclosure action absent some lender concession. Nevertheless, if the Corporation is not reasonably assured that the borrower will comply with its contractual commitment, properties are foreclosed.
Prior to permanently modifying a loan, the Corporation may enter into trial modifications with certain borrowers. Trial modifications generally represent a six-month period during which the borrower makes monthly payments under the anticipated modified payment terms prior to a formal modification. Upon successful completion of a trial modification, the Corporation and the borrower enter into a permanent modification. TDR loans that are participating in or that have been offered a binding trial modification are classified as TDRs when the trial offer is made and continue to be classified as TDR regardless of whether the borrower enters into a permanent modification. As of March 31, 2015, we classified an additional $11.5 million of residential mortgage loans as TDRs that were participating in or had been offered a trial modification.
For the commercial real estate, commercial and industrial, and construction loan portfolios, at the time of a restructuring, the Corporation determines, on a loan-by-loan basis, whether a concession was granted for economic or legal reasons related to the borrower's financial difficulty. Concessions granted for commercial loans could include: reductions in interest rates to rates that are considered below market; extension of repayment schedules and maturity dates beyond original contractual terms; waivers of borrower covenants; forgiveness of principal or interest; or other contract changes that would be considered a concession. The Corporation mitigates loan defaults for its commercial loan portfolios through its collection function. The function's objective is to minimize both early stage delinquencies and losses upon default of commercial loans. In the case of the commercial and industrial, commercial mortgage, and construction loan portfolios, the Corporation's Special Asset Group (“SAG”) focuses on strategies for the accelerated reduction of non-performing assets through note sales, short sales, loss mitigation programs, and sales of OREO. In addition to the management of the resolution process for problem loans, the SAG oversees collection efforts for all loans to prevent migration to the non-performing and/or adversely classified status. The SAG utilizes relationship officers, collection specialists, and attorneys. In the case of residential construction projects, the workout function monitors project specifics, such as project management and marketing, as deemed necessary. The SAG utilizes its collections infrastructure of workout collection officers, credit work-out specialists, in-house legal counsel, and third-party consultants. In the case of residential construction projects and large commercial loans, the function also utilizes third-party specialized consultants to monitor the residential and commercial construction projects in terms of construction, marketing and sales, and assist with the restructuring of large commercial loans.
In addition, the Corporation extends, renews, and restructures loans with satisfactory credit profiles. Many commercial loan facilities are structured as lines of credit, which are mainly one year in term and therefore are required to be renewed annually. Other facilities may be restructured or extended from time to time based upon changes in the borrower's business needs, use of funds, timing of completion of projects, and other factors. If the borrower is not deemed to have financial difficulties, extensions, renewals, and restructurings are done in the normal course of business and not considered concessions, and the loans continue to be recorded as performing.
Selected information on TDRs that includes the recorded investment by loan class and modification type is summarized in the following tables. This information reflects all TDRs:
		31-Mar-15
(In thousands)		Interest rate below market			Maturity or term extension			Combination of reduction in interest rate and extension of maturity			Forgiveness of principal and/or interest				Other (1)			Total
Troubled Debt Restructurings:
Non- FHA/VA Residential Mortgage loans		$	26,039		$	5,206		$	281,824		$	-			$	41,025		$	354,094
Commercial Mortgage Loans			26,952			12,685			73,956			-				23,187			136,780
Commercial and Industrial Loans			4,431			78,171			30,830			3,057				50,247			166,736
Construction Loans:
Land			-			201			1,680			-				596			2,477
Construction-residential			6,154			378			3,095			-				433			10,060
Consumer Loans - Auto			-			324			10,736			-				6,487			17,547
Finance Leases			-			285			1,768			-				-			2,053
Consumer Loans - Other			37			317			12,774			379				1,869			15,376
Total Troubled Debt Restructurings (2)		$	63,613		$	97,567		$	416,663		$	3,436			$	123,844		$	705,123
-1	Other concessions granted by the Corporation include deferral of principal and/or interest payments for a period longer than what would be considered insignificant, payment plans under judicial stipulation, or a combination of the concessions listed in the table.
-2	Excludes TDRs held for sale amounting to $45.7 million as of March 31, 2015.
Selected information on TDRs that includes the recorded investment by loan class and modification type is summarized in the following tables. This information reflects all TDRs:
		31-Dec-14
(In thousands)		Interest rate below market			Maturity or term extension			Combination of reduction in interest rate and extension of maturity			Forgiveness of principal and/or interest				Other (1)			Total
Troubled Debt Restructurings:
Non- FHA/VA Residential Mortgage loans		$	24,850		$	5,859		$	283,317		$	-			$	35,749		$	349,775
Commercial Mortgage Loans			29,881			12,737			72,493			-				12,655			127,766
Commercial and Industrial Loans			7,533			80,642			31,553			3,074				49,124			171,926
Construction Loans:
Land			-			202			1,732			-				536			2,470
Construction-residential			6,154			337			3,112			-				434			10,037
Consumer Loans - Auto			-			380			10,363			-				6,248			16,991
Finance Leases			-			376			1,805			-				-			2,181
Consumer Loans - Other			37			129			10,812			443				1,886			13,307
Total Troubled Debt Restructurings (2)		$	68,455		$	100,662		$	415,187		$	3,517			$	106,632		$	694,453
-1	Other concessions granted by the Corporation include deferral of principal and/or interest payments for a period longer than what would be considered insignificant, payment plans under judicial stipulation or a combination of the concessions listed in the table.
-2	Excludes TDRs held for sale amounting to $45.7 million as of December 31, 2014.
The following table presents the Corporation's TDR activity
(In thousands)	Quarter Ended
	31-Mar-15			31-Mar-14
Beginning Balance of TDRs	$	694,453		$	630,258
New TDRs		31,601			19,935
Increases to existing TDRs - additional disbursements		335			27
Charge-offs post modification		-3,781			-7,982
Foreclosures		-7,156			-1,074
Paid-off, partial payments, and other		-10,329			-18,844
Ending balance of TDRs	$	705,123		$	622,320
TDRs are classified as either accrual or nonaccrual loans. A loan on nonaccrual and restructured as a TDR will remain on nonaccrual status until the borrower has proven the ability to perform under the modified structure, generally for a minimum of six months, and there is evidence that such payments can and are likely to continue as agreed. Performance prior to the restructuring or significant events that coincide with the restructuring are included in assessing whether the borrower can meet the new terms and may result in the loans being returned to accrual at the time of the restructuring or after a shorter performance period. If the borrower's ability to meet the revised payment schedule is uncertain, the loan remains classified as a nonaccrual loan. Loan modifications increase the Corporation's interest income by returning a non-performing loan to performing status, if applicable, increase cash flows by providing for payments to be made by the borrower, and avoid increases in foreclosure and OREO costs. The Corporation continues to consider a modified loan as an impaired loan for purposes of estimating the allowance for loan and lease losses. A TDR loan that specifies an interest rate that at the time of the restructuring is greater than or equal to the rate the Corporation is willing to accept for a new loan with comparable risk may not be reported as a TDR, or as impaired loan in the calendar years subsequent to the restructuring if it is in compliance with its modified terms. The Corporation did not remove loans from the TDR classification during the first quarter of 2015.
The following table provides a breakdown between the accrual and nonaccrual status of TDRs:
(In thousands)		31-Mar-15
		Accrual			Nonaccrual (1)(2)			Total TDRs
Non-FHA/VA Residential Mortgage loans		$	273,890		$	80,204		$	354,094
Commercial Mortgage Loans			75,541			61,239			136,780
Commercial and Industrial Loans			55,394			111,342			166,736
Construction Loans:
Land			779			1,698			2,477
Construction-residential			3,472			6,588			10,060
Consumer Loans - Auto			11,011			6,536			17,547
Finance Leases			1,875			178			2,053
Consumer Loans - Other			12,237			3,139			15,376
Total Troubled Debt Restructurings		$	434,199		$	270,924		$	705,123
-1	Included in non-accrual loans are $121.9 million in loans that are performing under the terms of a restructuring agreement but are reported in non-accrual status until the restructured loans meet the criteria of sustained payment performance under the revised terms for reinstatement to accrual status and there is no doubt about full collectability.
-2	Excludes non-accrual TDRs held for sale with a carrying value of $45.7 million as of March 31, 2015.
(In thousands)		31-Dec-14
		Accrual			Nonaccrual (1)(2)			Total TDRs
Non-FHA/VA Residential Mortgage loans		$	266,810		$	82,965		$	349,775
Commercial Mortgage Loans			69,374			58,392			127,766
Commercial and Industrial Loans			131,544			40,382			171,926
Construction Loans:
Land			834			1,636			2,470
Construction-residential			3,448			6,589			10,037
Consumer Loans - Auto			10,558			6,433			16,991
Finance Leases			1,926			255			2,181
Consumer Loans - Other			10,146			3,161			13,307
Total Troubled Debt Restructurings		$	494,640		$	199,813		$	694,453
-1	Included in non-accrual loans are $52.8 million in loans that are performing under the terms of a restructuring agreement but are reported in non-accrual status until the restructured loans meet the criteria of sustained payment performance under the revised terms for reinstatement to accrual status and there is no doubt about full collectability.
-2	Excludes non-accrual TDRs held for sale with a carrying value of $45.7 million as of December 31, 2014.
TDRs exclude restructured residential mortgage loans that are guaranteed by the U.S. federal government (i.e., FHA/VA loans) totaling $65.7 million. The Corporation excludes FHA/VA guaranteed loans from TDRs given that, in the event that the borrower defaults on the loan, the principal and interest (debenture rate) are guaranteed by the U.S. government; therefore, the risk of loss on these types of loans is very low. The Corporation does not consider loans with U.S. federal government guarantees to be impaired loans for the purpose of calculating the allowance for loan and lease losses.
Loans modifications that are considered TDRs and were completed during the first quarter of 2015 and 2014 were as follows:
(Dollars in thousands)	Quarter ended March 31, 2015
	Number of contracts		Pre-modification Outstanding Recorded Investment			Post-Modification Outstanding Recorded Investment
Troubled Debt Restructurings:
Non-FHA/VA Residential Mortgage loans	81		$	11,495		$	11,265
Commercial Mortgage Loans	8			12,821			12,931
Commercial and Industrial Loans	1			1,681			1,681
Construction Loans:
Land	1			64			64
Consumer Loans - Auto	146			2,173			2,130
Finance Leases	8			233			184
Consumer Loans - Other	377			3,391			3,346
Total Troubled Debt Restructurings	622		$	31,858		$	31,601
(Dollars in thousands)	Quarter ended March 31, 2014
	Number of contracts		Pre-modification Outstanding Recorded Investment			Post-Modification Outstanding Recorded Investment
Troubled Debt Restructurings:
Non-FHA/VA Residential Mortgage loans	47		$	7,709		$	7,711
Commercial Mortgage Loans	3			834			837
Commercial and Industrial Loans	5			7,964			7,630
Construction Loans:
Consumer Loans - Auto	117			1,605			1,605
Finance Leases	10			193			193
Consumer Loans - Other	429			1,959			1,959
Total Troubled Debt Restructurings	611		$	20,264		$	19,935
Recidivism, or the borrower defaulting on its obligation pursuant to a modified loan, results in the loan once again becoming a non-performing loan. Recidivism occurs at a notably higher rate than do defaults on new origination loans, so modified loans present a higher risk of loss than do new origination loans. The Corporation considers a loan to have defaulted if the borrower has failed to make payments of either principal, interest, or both for a period of 90 days or more.
Loan modifications considered TDRs that defaulted during the quarters ended March 31, 2015 and March 31, 2014 and had become TDRs during the 12-month period preceding the default date, were as follows:
	Quarter ended March 31,
(Dollars in thousands)	2015					2014
	Number of contracts		Recorded Investment			Number of contracts		Recorded Investment
Non-FHA/VA Residential Mortgage loans	12		$	1,773		14		$	2,552
Commercial and Industrial Loans	4			5,745		-			-
Construction Loans:
Consumer Loans - Auto	2			8		4			39
Consumer Loans - Other	53			229		45			176
Finance Leases	1			15		-			-
Total	72		$	7,770		63		$	2,767
For certain TDRs, the Corporation splits the loans into two new notes, A and B notes. The A note is restructured to comply with the Corporation's lending standards at current market rates, and is tailored to suit the customer's ability to make timely interest and principal payments. The B note includes the granting of the concession to the borrower and varies by situation. The B note is charged off but the borrower's obligation is not forgiven and any payments collected are accounted for as recoveries. At the time of restructuring, the A note is identified and classified as a TDR. If the loan performs for at least six months according to the modified terms, the A note may be returned to accrual status. The borrower's payment performance prior to the restructuring is included in assessing whether the borrower can meet the new terms and may result in the loan being returned to accrual status at the time of the restructuring. In the periods following the calendar year in which a loan was restructured, the A Note may no longer be reported as a TDR if it is on accrual status, is in compliance with its modified terms, and yields a market rate (as determined and documented at the time of the restructuring).
The recorded investment in loans held for investment restructured using the A/B note restructure workout strategy was approximately $42.9 million at March 31, 2015. The following table provides additional information about the volume of this type of loan restructuring and the effect on the allowance for loan and lease losses in the first quarter of 2015 and 2014:
(In thousands)	31-Mar-15				31-Mar-14
Principal balance deemed collectible at end of period	$	42,907		$	78,833
Amount charged off	$	-		$	-
(Reductions) charges to the provision for loan losses	$	-24		$	-15
Allowance for loan losses at end of period	$	707		$	1,547
Of the loans comprising the $42.9 million that have been deemed collectible, approximately $41.2 million were placed in accruing status as the borrowers have exhibited a period of sustained performance. These loans continue to be individually evaluated for impairment purposes.

ALLOWANCE_FOR_LOAN_AND_LEASE_L

ALLOWANCE FOR LOAN AND LEASE LOSSES	3 Months Ended
	Mar. 31, 2015
ALLOWANCE FOR LOAN AND LEASE LOSSES	NOTE 8 – ALLOWANCE FOR LOAN AND LEASE LOSSES
	The changes in the allowance for loan and lease losses were as follows:
	(In thousands)	Residential Mortgage Loans		Commercial Mortgage Loans		Commercial & Industrial Loans		Construction Loans		Consumer Loans		Total
	Quarter ended March 31, 2015
	Allowance for loan and lease losses:
	Beginning balance	$	27,301	$	50,894	$	63,721	$	12,822	$	67,657	$	222,395
	Charge-offs		-5,192		-4,006		-4,453		-605		-17,757		-32,013
	Recoveries		98		276		558		207		1,573		2,712
	Provision		6,475		-2,137		10,353		1,215		17,064		32,970
	Ending balance	$	28,682	$	45,027	$	70,179	$	13,639	$	68,537	$	226,064
	Ending balance: specific reserve for
	impaired loans	$	14,862	$	13,238	$	24,871	$	3,381	$	5,788	$	62,140
	Ending balance: purchased credit-impaired loans	$	-	$	-	$	-	$	-	$	-	$	-
	Ending balance: general allowance	$	13,820	$	31,789	$	45,308	$	10,258	$	62,749	$	163,924
	Loans held for investment:
	Ending balance	$	3,331,620	$	1,649,263	$	2,442,867	$	124,440	$	1,937,182	$	9,485,372
	Ending balance: impaired loans	$	429,526	$	224,365	$	226,656	$	37,593	$	36,841	$	954,981
	Ending balance: purchased credit-
	impaired loans	$	177,601	$	3,279	$	-	$	-	$	234	$	181,114
	Ending balance: loans with general allowance	$	2,724,493	$	1,421,619	$	2,216,211	$	86,847	$	1,900,107	$	8,349,277
	(In thousands)	Residential Mortgage Loans		Commercial Mortgage Loans		Commercial & Industrial Loans		Construction Loans		Consumer Loans		Total
	Quarter ended March 31, 2014
	Allowance for loan and lease losses:
	Beginning balance	$	33,110	$	73,138	$	85,295	$	35,814	$	58,501	$	285,858
	Charge-offs		-6,422		-5,810		-22,459		-970		-18,046		-53,707
	Recoveries		69		35		663		617		1,328		2,712
	Provision		3,751		-851		16,091		-8,050		20,974		31,915
	Ending balance	$	30,508	$	66,512	$	79,590	$	27,411	$	62,757	$	266,778
	Ending balance: specific reserve for
	impaired loans	$	17,273	$	29,833	$	19,098	$	15,154	$	3,658	$	85,016
	Ending balance: purchased credit-impaired loans	$	-	$	-	$	-	$	-	$	-	$	-
	Ending balance: general allowance	$	13,235	$	36,679	$	60,492	$	12,257	$	59,099	$	181,762
	Loans held for investment:
	Ending balance	$	2,548,101	$	1,846,016	$	2,947,837	$	152,579	$	2,072,252	$	9,566,785
	Ending balance: impaired loans	$	419,308	$	219,860	$	151,653	$	58,636	$	29,931	$	879,388
	Ending balance: purchased credit-
	impaired loans	$	-	$	-	$	-	$	-	$	3,383	$	3,383
	Ending balance: loans with general allowance	$	2,128,793	$	1,626,156	$	2,796,184	$	93,943	$	2,038,938	$	8,684,014
	During the second quarter of 2014, the Corporation made certain enhancements to the general allowance estimation process for commercial loans, which mainly consisted of the following:
	Utilization of longer historical loss periods to better reflect the level of incurred losses in the portfolio. Historical charge-off rates are calculated by the Corporation on a quarterly basis by tracking cumulative charge-offs experienced over a two-year loss period on loans according to their internal risk rating (referred to as “base rate” for the quarter). Prior to the second quarter 2014 enhancements, the Corporation would use the base rate of the current quarter or the average of the last 4 quarters, if greater. During the second quarter of 2014, the Corporation eliminated the use of the “greater of” approach and began to use the base rate average of the last 8 quarters. This change captures a longer historical period that helps mitigate period to period volatility in the loss rates.
	Enhancements of the environmental factors adjustment. Prior to the second quarter of 2014 enhancements, these adjustments were applied in the form of basis point additions to the loss ratio based on changes in credit and economic indicators observed in the most recent periods. Beginning in the second quarter of 2014, the resulting factor derived from a set of risk-based ratings and weights assigned to credit and economic indicators over a reasonable period is applied to a developed expected range of historical losses, in order to adjust the base rates. These enhancements result in a framework that can be applied more consistently, by having a more granular analysis that better captures trends in economic conditions and the impact on the Corporation's portfolio.
	In addition, the calculation of loss rates for asset classifications with limited or zero loss history was improved to consider these loans' migration experience.
	At the date of implementation, the Corporation performed a parallel computation of the general reserve for commercial loans. The enhancements to the general allowance estimation process resulted in a net decrease to the allowance for loan losses of $4.8 million as of the implementation date of May 31, 2014.
	During the third quarter of 2014, similar enhancements to the environmental factors adjustment framework were applied to the consumer loans portfolio. The framework was defined for secured and unsecured loans to consider the specific behaviors separately. With respect to the historical charge-off rates, during the third quarter of 2014, the Corporation adopted the utilization of the base rate calculated as the average of the net charge-off ratio for the 12-month period preceding the most recent four quarters. Previously, the base rate was calculated as the average of the last two years' annual net charge-off ratio. The effect of these enhancements on the allowance for consumer loans was immaterial as of the implementation date of August 31, 2014.
	As of March 31, 2015, the Corporation maintained a $0.5 million reserve for unfunded loan commitments mainly related to outstanding construction and commercial and industrial loan commitments. The reserve for unfunded loan commitments is an estimate of the losses inherent in off-balance sheet loan commitments to borrowers that are experiencing financial difficulties at the balance sheet date. It is calculated by multiplying an estimated loss factor by an estimated probability of funding, and then by the period-end amounts for unfunded commitments. The reserve for unfunded loan commitments is included as part of accounts payable and other liabilities in the consolidated statement of financial condition.

LOANS_HELD_FOR_SALE

LOANS HELD FOR SALE	3 Months Ended
	Mar. 31, 2015
LOANS HELD FOR SALE	NOTE 9 – LOANS HELD FOR SALE
	The Corporation's loans held-for-sale portfolio was composed of:
			As of		As of
		31-Mar-15		31-Dec-14
		(In thousands)
	Residential mortgage loans	$	27,135	$	22,315
	Construction loans		47,802		47,802
	Commercial mortgage loans		6,786		6,839
	Total	$	81,723	$	76,956
	Non-performing loans held for sale totaled $54.6 million ($6.8 million commercial mortgage loans and $47.8 million construction loans) as of March 31, 2015 and December 31, 2014.

OTHER_REAL_ESTATE_OWNED

OTHER REAL ESTATE OWNED	3 Months Ended
	Mar. 31, 2015
Text Block [Abstract]
Other Real Estate Owned Disclosure [Text Block]	NOTE 10 – OTHER REAL ESTATE OWNED
	The following table presents OREO inventory as of the dates indicated:
			Quarter Ended
			March 31,			December 31,
			2015		2014
				(Dollars in thousands)
	OREO
	OREO balances, carrying value:
	FHA/VA-Guaranteed (1)		$	6,867	$	7,059
	Other residential			26,031		22,520
	Commercial			72,473		75,654
	Construction			17,257		18,770
	Total		$	122,628	$	124,003
	-1	As of March 31, 2015, exclude $0.2 million of foreclosures completed in 2015 that meet the conditions of ASC 310-40 and are presented as a receivable (other assets) in the statement of financial condition.

DERIVATIVE_INSTRUMENTS_AND_HED

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	3 Months Ended
	Mar. 31, 2015
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	NOTE 11 – DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES
	One of the market risks facing the Corporation is interest rate risk, which includes the risk that changes in interest rates will result in changes in the value of the Corporation's assets or liabilities and the risk that net interest income from its loan and investment portfolios will be adversely affected by changes in interest rates. The overall objective of the Corporation's interest rate risk management activities is to reduce the variability of earnings caused by changes in interest rates.
	The Corporation designates a derivative as a fair value hedge, cash flow hedge or economic undesignated hedge when it enters into the derivative contract. As of March 31, 2015 and December 31, 2014, all derivatives held by the Corporation were considered economic undesignated hedges. These undesignated hedges are recorded at fair value with the resulting gain or loss recognized in current earnings.
	The following summarizes the principal derivative activities used by the Corporation in managing interest rate risk:
	Interest rate cap agreements - Interest rate cap agreements provide the right to receive cash if a reference interest rate rises above a contractual rate. The value increases as the reference interest rate rises. The Corporation enters into interest rate cap agreements for protection from rising interest rates.
	Interest rate swaps - Interest rate swap agreements generally involve the exchange of fixed and floating-rate interest payment obligations without the exchange of the underlying notional principal amount. As of March 31, 2015 and December 31, 2014, most of the interest rate swaps outstanding are used for protection against rising interest rates. Similar to unrealized gains and losses arising from changes in fair value, net interest settlements on interest rate swaps are recorded as an adjustment to interest income or interest expense depending on whether an asset or liability is being economically hedged.
	Forward Contracts - Forward contracts are sales of to-be-announced (“TBA”) mortgage-backed securities that will settle over the standard delivery date and do not qualify as “regular way” security trades. Regular-way security trades are contracts that have no net settlement provision and no market mechanism to facilitate net settlement and that provide for delivery of a security within the time generally established by regulations or conventions in the market place or exchange in which the transaction is being executed. The forward sales are considered derivative instruments that need to be marked to market. These securities are used to economically hedge the FHA/VA residential mortgage loan securitizations of the mortgage-banking operations. Unrealized gains (losses) are recognized as part of mortgage banking activities in the consolidated statement of income.
	To satisfy the needs of its customers, the Corporation may enter into nonhedging transactions. In these transactions, generally, the Corporation participates as a buyer in one of the agreements and as a seller in the other agreement under the same terms and conditions.
	In addition, the Corporation enters into certain contracts with embedded derivatives that do not require separate accounting as these are clearly and closely related to the economic characteristics of the host contract. When the embedded derivative possesses economic characteristics that are not clearly and closely related to the economic characteristics of the host contract, it is bifurcated, carried at fair value, and designated as a trading or nonhedging derivative instrument.
	The following table summarizes the notional amounts of all derivative instruments:
		Notional Amounts
		As of			As of
		March 31,			December 31,
		2015			2014
	Undesignated economic hedges:	(In thousands)
	Interest rate contracts:
	Interest rate swap agreements	$	5,440		$	5,440
	Written interest rate cap agreements		36,809			37,132
	Purchased interest rate cap agreements		36,809			37,132
	Forward Contracts:
	Sale of TBA GNMA MBS pools		32,000			19,000
		$	111,058		$	98,704
	Notional amounts are presented on a gross basis with no netting of offseting exposure positions.
	The following table summarizes the fair value of derivative instruments as of the indicated dates and the location in the statement of financial condition:
		Asset Derivatives							Liability Derivatives
		Statement of		March 31,			December 31,			March 31,		December 31,
		Financial		2015			2014			2015		2014
		Condition Location		Fair Value			Fair Value		Statement of Financial Condition Location	Fair Value		Fair Value
		(In thousands)
	Undesignated economic hedges:
	Interest rate contracts:
	Interest rate swap agreements	Other assets		$	-		$	33	Accounts payable and other liabilities	$	-	$	33
	Written interest rate cap agreements	Other assets			-			-	Accounts payable and other liabilities		1		6
	Purchased interest rate cap agreements	Other assets			1			6	Accounts payable and other liabilities		-		-
	Forward Contracts:
	Sales of TBA GNMA MBS pools	Other assets			-			-	Accounts payable and other liabilities		220		148
				$	1		$	39		$	221	$	187
	The following table summarizes the effect of derivative instruments on the statement of income :
				Gain (or Loss)
		Location of Gain or (Loss)			Quarter Ended
		Recognized in Income on		March 31,
	(In thousands)	Derivatives		2015			2014
					(In thousands)
	UNDESIGNATED ECONOMIC HEDGES:
	Interest rate contracts:
	Interest rate swap agreements	Interest income - Loans		$	-		$	313
	Forward contracts:
	Sales of TBA GNMA MBS pools	Mortgage Banking Activities			-72			-165
	Total (loss) gain on derivatives			$	-72		$	148
	Derivative instruments, such as interest rate swaps, are subject to market risk. As is the case with investment securities, the market value of derivative instruments is largely a function of the financial market's expectations regarding the future direction of interest rates. Accordingly, current market values are not necessarily indicative of the future impact of derivative instruments on earnings. This will depend, for the most part, on the shape of the yield curve and the level of interest rates, as well as the expectations for rates in the future.
	A summary of interest rate swaps is as follows:
		As of			As of
		March 31,			December 31,
		2015			2014
			(Dollars in thousands)
	Pay fixed/receive floating :
	Notional amount	$	5,440		$	5,440
	Weighted-average receive rate at period end		2.04%			2.03%
	Weighted-average pay rate at period end		3.45%			3.45%
	As of March 31, 2015, the Corporation has not entered into any derivative instrument containing credit-risk-related
	contingent features.

OFFSETTING_OF_ASSETS_AND_LIABI

OFFSETTING OF ASSETS AND LIABILITIES	3 Months Ended
	Mar. 31, 2015
Text Block [Abstract]
OFFSETTING OF ASSETS AND LIABILITIES	NOTE 12 – OFFSETTING OF ASSETS AND LIABILITIES
	The Corporation enters into master agreements with counterparties that may allow for netting of exposures in the event of default, primarily related to derivatives and repurchase agreements. In an event of default, each party has a right of set-off against the other party for amounts owed in the related agreement and any other amount or obligation owed in respect of any other agreement or transaction between them. The following table presents information about the offsetting of financial assets and liabilities as well as derivative assets and liabilities:
	Offsetting of Financial Assets and Derivative Assets
	In thousands
	As of March 31, 2015
								Gross Amounts Not Offset in the Statement of Financial Position
						Net Amounts of Assets Presented in the Statement of Financial Position
		Gross Amounts of Recognized Assets		Gross Amounts Offset in the Statement of Financial Position
										Financial Instruments		Cash Collateral Received
														Net Amount
	Description
	Derivatives	$	1	$	-	$	1	$	-1	$	-	$	-
	As of December 31, 2014
								Gross Amounts Not Offset in the Statement of Financial Position
						Net Amounts of Assets Presented in the Statement of Financial Position
		Gross Amounts of Recognized Assets		Gross Amounts Offset in the Statement of Financial Position
										Financial Instruments		Cash Collateral
														Net Amount
	Description
	Derivatives	$	6	$	-	$	6	$	-6	$	-	$	-
	Offsetting of Financial Liabilities and Derivative Liabilities
	In thousands
	As of March 31, 2015
								Gross Amounts Not Offset in the Statement of Financial Position
						Net Amounts of Liabilities Presented in the Statement of Financial Position
		Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Statement of Financial Position
										Financial Instruments		Cash Collateral Received
														Net Amount
	Description
	Repurchase agreements		600,000		-		600,000		-600,000		-		-
	Total	$	600,000	$	-	$	600,000	$	-600,000	$	-	$	-
	As of December 31, 2014
								Gross Amounts Not Offset in the Statement of Financial Position
						Net Amounts of Liabilities Presented in the Statement of Financial Position
		Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Statement of Financial Position
										Financial Instruments		Cash Collateral
														Net Amount
	Description
	Derivatives	$	33	$	-	$	33	$	-33	$	-	$	-
	Repurchase agreements		600,000		-		600,000		-600,000		-		-
	Total	$	600,033	$	-	$	600,033	$	-600,033	$	-	$	-

GOODWILL_AND_OTHER_INTANGIBLES

GOODWILL AND OTHER INTANGIBLES	3 Months Ended
	Mar. 31, 2015
GOODWILL AND OTHER INTANGIBLES	NOTE 13 – GOODWILL AND OTHER INTANGIBLES
	Goodwill as of March 31, 2015 and December 31, 2014 amounted to $28.1 million, recognized as part of “Other Assets” in the consolidated statement of financial condition. The Corporation conducted its annual evaluation of goodwill and intangibles during the fourth quarter of 2014. The Corporation's goodwill is related to the acquisition of Firstbank Florida in 2005.
	The Corporation bypassed the qualitative assessment in 2014 and proceeded directly to perform the first step of the two-step goodwill impairment test. The Step 1 evaluation of goodwill allocated to the Florida reporting unit under both valuation approaches (market and discounted cash flow analysis) indicated that the fair value of the unit was above the carrying amount of its equity book value as of the valuation date (October 1); therefore, the completion of Step 2 was not required. Based on the analysis under both the market and discounted cash flow analysis, the estimated fair value of equity of the reporting unit exceeded the carrying amount of the entity, including goodwill at the evaluation date. There have been no events related to the Florida reporting unit that could indicate potential goodwill impairment since the date of the last evaluation; therefore, no goodwill impairment evaluation was performed during the first quarter of 2015. Goodwill and other indefinite life intangibles are reviewed at least annually for impairment.
	In connection with the acquisition of the FirstBank-branded credit card loan portfolio, in the second quarter of 2012, the Corporation recognized a purchased credit card relationship intangible of $24.5 million, which is being amortized over the next 6.7 years on an accelerated basis based on the estimated attrition rate of the purchased credit card accounts, which reflects the pattern in which the economic benefits of the intangible asset are consumed. These benefits are consumed as the revenue stream generated by the cardholder relationship is realized.
	The core deposit intangible acquired in the February 2015 Doral Bank transaction amounted to $5.8 million.
	The following table shows the gross amount and accumulated amortization of the Corporation’s intangible assets recognized as part of Other Assets in the consolidated statement of financial condition:
		As of			As of
		March 31,			December 31,
		2015			2014
	(Dollars in thousands)
	Core deposit intangible:
	Gross amount, beginning of period	$	45,844		$	45,844
	Addition as a result of acquisition		5,820			-
	Accumulated amortization		-40,750			-40,424
	Net carrying amount	$	10,914		$	5,420
	Remaining amortization period		9.9 years			8.4 years
	Purchased credit card relationship intangible:
	Gross amount	$	24,465		$	24,465
	Accumulated amortization		-8,843			-8,076
	Net carrying amount	$	15,622		$	16,389
	Remaining amortization period		6.7 years			6.9 years
	For the quarters ended March 31, 2015 and 2014, the amortization expense of core deposit intangibles amounted to $0.3 million and $0.4 million, respectively. For each of the quarters ended March 31, 2015 and 2014, the amortization expense of the purchased credit card relationship intangible amounted to $0.8 million.
		The estimated aggregate amortization expense related to these intangible assets for future periods is as follows:
				Amount
				(In thousands)
	2015		$	3,813
	2016			4,737
	2017			4,197
	2018			3,293

NONCONSOLIDATED_VARIABLE_INTER

NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS	3 Months Ended
	Mar. 31, 2015
NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS	NOTE 14 – NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS
	The Corporation transfers residential mortgage loans in sale or securitization transactions in which it has continuing involvement, including servicing responsibilities and guarantee arrangements. All such transfers have been accounted for as sales as required by applicable accounting guidance.
	When evaluating transfers and other transactions with Variable Interest Entities (“VIEs”) for consolidation, the Corporation first determines if the counterparty is an entity for which a variable interest exists. If no scope exception is applicable and a variable interest exists, the Corporation then evaluates if it is the primary beneficiary of the VIE and whether the entity should be consolidated or not.
	Below is a summary of transfers of financial assets to VIEs for which the Corporation has retained some level of continuing involvement:
	GNMA
	The Corporation typically transfers first lien residential mortgage loans in conjunction with GNMA securitization transactions in which the loans are exchanged for cash or securities that are readily redeemed for cash proceeds and servicing rights. The securities issued through these transactions are guaranteed by the issuer and, as such, under seller/servicer agreements, the Corporation is required to service the loans in accordance with the issuer's servicing guidelines and standards. As of March 31, 2015, the Corporation serviced loans securitized through GNMA with a principal balance of $1.2 billion.
	Trust Preferred Securities
	In 2004, FBP Statutory Trust I, a financing subsidiary of the Corporation, sold to institutional investors $100 million of its variable rate trust-preferred securities. The proceeds of the issuance, together with the proceeds of the purchase by the Corporation of $3.1 million of FBP Statutory Trust I variable rate common securities, were used by FBP Statutory Trust I to purchase $103.1 million aggregate principal amount of the Corporation's Junior Subordinated Deferrable Debentures. Also in 2004, FBP Statutory Trust II, a statutory trust that is wholly owned by the Corporation, sold to institutional investors $125 million of its variable rate trust-preferred securities. The proceeds of the issuance, together with the proceeds of the purchase by the Corporation of $3.9 million of FBP Statutory Trust II variable rate common securities, were used by FBP Statutory Trust II to purchase $128.9 million aggregate principal amount of the Corporation's Junior Subordinated Deferrable Debentures. The debentures are presented in the Corporation's consolidated statement of financial condition as Other Borrowings, net of related issuance costs. The variable rate trust-preferred securities are fully and unconditionally guaranteed by the Corporation. The $100 million Junior Subordinated Deferrable Debentures issued by the Corporation in April 2004 and the $125 million issued in September 2004 mature on June 17, 2034 and September 20, 2034, respectively; however, under certain circumstances, the maturity of Junior Subordinated Deferrable Debentures may be shortened (such shortening would result in a mandatory redemption of the variable rate trust-preferred securities). The Collins Amendment to the Dodd-Frank Wall Street Reform and Consumer Protection Act eliminates certain trust-preferred securities from Tier 1 Capital. Bank holding companies, such as the Corporation, must fully phase out these instruments from Tier 1 capital by January 1, 2016 (25% allowed in 2015 and 0% in 2016); however, these instruments may remain in Tier 2 capital until the instruments are redeemed or mature. The Corporation has elected to defer the interest payments that were due on quarterly periods since March 2012. The aggregate amount of payments deferred and accrued approximates $23.7 million as of March 31, 2015. Under the indentures, the Corporation has the right, from time to time, and without causing an event of default, to defer payments of interest on the subordinated debentures by extending the interest payment period at any time and from time to time during the term of the subordinated debentures for up to twenty consecutive quarterly periods. Future interest payments are subject to Federal Reserve approval.
	Grantor Trusts
	During 2004 and 2005, a third party to the Corporation, from now on identified as the seller, established a series of statutory trusts to effect the securitization of mortgage loans and the sale of trust certificates. The seller initially provided the servicing for a fee, which is senior to the obligations to pay trust certificate holders. The seller then entered into a sales agreement through which it sold and issued the trust certificates in favor of the Corporation's banking subsidiary. Currently, the Bank is the sole owner of the trust certificates; the servicing of the underlying residential mortgages that generate the principal and interest cash flows, is performed by another third party, which receives a servicing fee. The securities are variable rate securities indexed to 90-day LIBOR plus a spread. The principal payments from the underlying loans are remitted to a paying agent (servicer) who then remits interest to the Bank; interest income is shared to a certain extent with the FDIC, which has an interest only strip (“IO”) tied to the cash flows of the underlying loans and is entitled to receive the excess of the interest income less a servicing fee over the variable rate income that the Bank earns on the securities. This IO is limited to the weighted average coupon of the securities. The FDIC became the owner of the IO upon the intervention of the seller, a failed financial institution. No recourse agreement exists and the risk from losses on non accruing loans and repossessed collateral is absorbed by the Bank as the sole holder of the certificates. As of March 31, 2015, the amortized balance and carrying value of the Grantor Trusts amounted to $43.0 million and $31.7 million, respectively, with a weighted average yield of 2.15%.
	Investment in unconsolidated entity
	On February 16, 2011, FirstBank sold an asset portfolio consisting of performing and non-performing construction, commercial mortgage and commercial and industrial loans with an aggregate book value of $269.3 million to CPG/GS, an entity organized under the laws of the Commonwealth of Puerto Rico and majority owned by PRLP Ventures LLC ("PRLP"), a company created by Goldman, Sachs & Co. and Caribbean Property Group. In connection with the sale, the Corporation received $88.5 million in cash and a 35% interest in CPG/GS, and made a loan in the amount of $136.1 million representing seller financing provided by FirstBank. The loan had a seven-year maturity and bears variable interest at 30-day LIBOR plus 300 basis points and is secured by a pledge of all of the acquiring entity's assets as well as the PRLP's 65% ownership interest in CPG/GS. As of March 31, 2015, the carrying amount of the loan was $25.2 million, which was included in the Corporation's Commercial and Industrial loans held for investment portfolio. FirstBank's equity interest in CPG/GS is accounted for under the equity method and included as part of Investment in unconsolidated entity in the Consolidated Statements of Financial Condition. When applying the equity method, the Bank follows the HLBV method to determine its share in CPG/GS's earnings or loss. Under HLBV, the Bank determines its share in CPG/GS's earnings or loss by determining the difference between its “claim on CPG/GS's book value” at the end of the period as compared to the beginning of the period. This claim is calculated as the amount the Bank would receive if CPG/GS were to liquidate all of its assets at recorded amounts determined in accordance with GAAP and distribute the resulting cash to the investors, PRLP, and FirstBank, according to their respective priorities as provided in the contractual agreement. The Bank reports its share of CPG/GS's operating results on a one-quarter lag basis. In addition, as a result of using HLBV, the difference between the Bank's investment in CPG/GS and its claim on the book value of CPG/GS at the date of the investment, known as the basis difference, is amortized over the estimated life of the investment, or five years. CPG/GS records its loans receivable under the fair value option. The loss recorded in the first half of 2014 reduced to zero the carrying amount of the Bank's investment in CPG/GS. No negative investment needs to be reported as the Bank has no legal obligation or commitment to provide further financial support to this entity; thus, no further losses will be recorded on this investment. Any potential increase in the carrying value of the investment in CPG/GS, under the HLBV method, would depend upon how better off the Bank is at the end of the period than it was at the beginning of the period after the waterfall calculation performed to determine the amount of gain allocated to the investors.
	FirstBank also provided an $80 million advance facility to CPG/GS to fund unfunded commitments and costs to complete projects under construction, which was fully disbursed in 2011, and a $20 million working capital line of credit to fund certain expenses of CPG/GS. During 2013, the working capital line of credit was renewed and reduced to $7 million for a period of two years expiring on September 2015. During 2012, CPG/GS repaid the outstanding balance of the advance facility to fund unfunded commitments, and the funds became available to redraw under a one-time revolver agreement. These loans bear variable interest at 30-day LIBOR plus 300 basis points. As of March 31, 2015, the carrying values of the revolver agreement and the working capital line were $38.4 million and $0, respectively, and are included in the Corporation's commercial and industrial loans held for investment portfolio.
	Cash proceeds received by CPG/GS are first used to cover operating expenses and debt service payments, including the note receivable, the advance facility, and the working capital line, described above, which must be substantially repaid before proceeds can be used for other purposes, including the return of capital to both PRLP and FirstBank. FirstBank will not receive any return on its equity interest until PRLP receives an aggregate amount equivalent to its initial investment and a priority return of at least 12%, resulting in FirstBank's interest in CPG/GS being subordinate to PRLP's interest. CPG/GS will then begin to make payments pro rata to PRLP and FirstBank, 35% and 65%, respectively, until FirstBank has achieved a 12% return on its invested capital and the aggregate amount of distributions is equal to FirstBank's capital contributions to CPG/GS.
	The Bank has determined that CPG/GS is a VIE in which the Bank is not the primary beneficiary. In determining the primary beneficiary of CPG/GS, the Bank considered applicable guidance that requires the Bank to qualitatively assess the determination of the primary beneficiary (or consolidator) of CPG/GS based on whether it has both the power to direct the activities of CPG/GS that most significantly impact the entity's economic performance and the obligation to absorb losses of CPG/GS that could potentially be significant to the VIE or the right to receive benefits from the entity that could potentially be significant to the VIE.
	The Bank determined that it does not have the power to direct the activities that most significantly impact the economic performance of CPG/GS as it does not have the right to manage the loan portfolio, impact foreclosure proceedings, or manage the construction and sale of the property; therefore, the Bank concluded that it is not the primary beneficiary of CPG/GS. As a creditor to CPG/GS, the Bank has certain rights related to CPG/GS; however, these are intended to be protective in nature and do not provide the Bank with the ability to manage the operations of CPG/GS. Since CPG/GS is not a consolidated subsidiary of the Bank and the transaction met the criteria for sale accounting under authoritative guidance, the Bank accounted for this transaction as a true sale, recognizing the cash received, the notes receivable, and the interest in CPG/GS and derecognizing the loan portfolio sold.
	The initial fair value of the investment in CPG/GS was determined using techniques with significant unobservable (Level 3) inputs. The valuation inputs included an estimate of future cash flows, expectations about possible variations in the amount and timing of cash flows, and a discount factor based on a rate of return. The Corporation researched available market data and internal information (i.e., proposals received for the servicing of distressed assets and public disclosures and other information about similar structures and/or of distressed asset sales) and determined reasonable ranges of expected returns for FirstBank's equity interest.
	The rate of return of 17.57% was used as the discount factor to estimate the value of FirstBank's equity interest and represents the Bank's estimate of the yield a market participant would require. A reasonable range of equity returns was assessed based on consideration of a range of company-specific risk premiums. The valuation of this type of equity interest is highly subjective and somewhat dependent on nonobservable market assumptions, which may result in variations from market participant to market participant.
	The following table shows summarized unaudited income statement information of CPG/GS for the quarters ended March 31, 2015 and 2014:
		Quarter Ended
		March 31,			March 31,
		2015			2014
		(In thousands)
	Revenues, including net realized gains on sale of
	investments in loans and OREO	$	588		$	751
	Gross profit (loss)	$	-8,240		$	-1,508
	Net loss	$	-7,751		$	-2,447
	Servicing Assets
	The Corporation is actively involved in the securitization of pools of FHA-insured and VA-guaranteed mortgages for issuance of GNMA mortgage-backed securities. Also, certain conventional conforming loans are sold to FNMA or FHLMC with servicing retained. The Corporation recognizes as separate assets the rights to service loans for others, whether those servicing assets are originated or purchased.
	The changes in servicing assets are shown below:
			Quarter ended
			March 31,			March 31,
			2015			2014
				(In thousands)
	Balance at beginning of period		$	22,838		$	21,987
	Capitalization of servicing assets			1,073			1,052
	Amortization			-856			-783
	Adjustment to fair value			-38			-219
	Other (1)			-44			-11
	Balance at end of period		$	22,973		$	22,026
	-1	Amount represents the adjustment to fair value related to the repurchase of loans serviced for others.
	Impairment charges are recognized through a valuation allowance for each individual stratum of servicing assets. The valuation allowance is adjusted to reflect the amount, if any, by which the cost basis of the servicing asset for a given stratum of loans being serviced exceeds its fair value. Any fair value in excess of the cost basis of the servicing asset for a given stratum is not recognized.
	Changes in the impairment allowance were as follows:
		Quarter ended
		March 31,			March 31,
		2015			2014
			(In thousands)
	Balance at beginning of period	$	55		$	212
	Temporary impairment charges		58			219
	Recoveries		-20			-
	Balance at end of period	$	93		$	431
		The components of net servicing income are shown below:
			Quarter ended
			March 31,			March 31,
			2015			2014
				(In thousands)
	Servicing fees		$	1,764		$	1,671
	Late charges and prepayment penalties			190			164
	Adjustment for loans repurchased			-44			-11
	Other (1)			-89			-358
	Servicing income, gross			1,821			1,466
	Amortization and impairment of servicing assets			-894			-1,002
	Servicing income, net		$	927		$	464
	-1	Mainly consisted of compensatory fees imposed by GSEs and losses related to representations and warranties.
The Corporation's servicing assets are subject to prepayment and interest rates risks. Constant prepayment rate assumptions for the Corporation's servicing assets for the government guaranteed mortgage loans were 9.2% and 9.1% for the quarters ended March 31, 2015 and 2014, respectively. For conventional conforming mortgage loans, the Corporation used 9.0% and 8.9%, and for the conventional non-conforming mortgage loans 14.0% and 13.4%, for the quarters ended March 31, 2015 and 2014, respectively. Discount rate assumptions used were 11.5% for government guaranteed mortgage loans for each of the quarters ended March 31, 2015 and 2014; 9.5% for conventional conforming mortgage loans for each of the quarters ended March 31, 2015 and 2014; and 13.8% and 13.9% for conventional non-conforming mortgage loans for the quarters ended March 31, 2015 and 2014, respectively.
As of March 31, 2015, fair values of the Corporation's servicing assets were based on a valuation model that incorporates market driven assumptions regarding discount rates and mortgage prepayment rates, adjusted by the particular characteristics of the Corporation's servicing portfolio. The weighted-averages of the key economic assumptions used by the Corporation in its valuation model and the sensitivity of the current fair value to immediate 10% and 20% adverse changes in those assumptions for mortgage loans as of March 31, 2015 were as follows:
	(Dollars in thousands)
Carrying amount of servicing assets	$	22,973
Fair value	$	25,195
Weighted-average expected life (in years)		8.47
Constant prepayment rate (weighted-average annual rate)		10.25%
Decrease in fair value due to 10% adverse change	$	948
Decrease in fair value due to 20% adverse change	$	1,838
Discount rate (weighted-average annual rate)		10.62%
Decrease in fair value due to 10% adverse change	$	1,050
Decrease in fair value due to 20% adverse change	$	2,020
These sensitivities are hypothetical and should be used with caution. As the figures indicate, changes in fair value based on a 10% variation in assumptions generally cannot be extrapolated because the relationship of the change in assumption and the change in fair value may not be linear. Also, in this table, the effect of a variation in a particular assumption on the fair value of the servicing asset is calculated without changing any other assumption; in reality, changes in one factor may result in changes in another (for example, increases in market interest rates may result in lower prepayments), which may magnify or counteract the sensitivities.

DEPOSITS

DEPOSITS	3 Months Ended
	Mar. 31, 2015
DEPOSITS	NOTE 15 – DEPOSITS
	The following table summarizes deposit balances:
		March 31,				December 31,
		2015			2014
		(In thousands)
	Type of account:
	Non-interest bearing checking accounts	$	1,175,943		$	900,616
	Savings accounts		2,641,793			2,450,484
	Interest-bearing checking accounts		1,127,560			1,054,136
	Certificates of deposit		2,323,259			2,191,663
	Brokered CDs		2,572,483			2,887,046
		$	9,841,038		$	9,483,945
		Brokered CDs mature as follows:
				31-Mar-15
				(In thousands)
		Three months or less		$	362,501
		Over three months to six months			577,737
		Over six months to one year			832,235
		One to three years			745,922
		Three to five years			18,037
		Over five years			36,051
		Total		$	2,572,483
	The following are the components of interest expense on deposits:
		Quarter Ended
		March 31,				March 31,
		2015				2014
		(In thousands)
	Interest expense on deposits	$	16,359		$	18,514
	Amortization of broker placement fees		1,335			1,785
	Interest expense on deposits	$	17,694		$	20,299

SECURITIES_SOLD_UNDER_AGREEMEN

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE	3 Months Ended
	Mar. 31, 2015
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE	NOTE 16 – SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE
	Securities sold under agreements to repurchase (repurchase agreements) consist of the following:
			March, 31			December 31,
			2015			2014
			(Dollars in thousands)
	Repurchase agreements, interest ranging from 1.96% to 3.33%
	(December 31, 2014: 2.45% to 4.50%) (1)		$	900,000		$	900,000
	-1	As of March 31, 2015, includes $800 million with an average rate of 2.71% that lenders have the right to call before their contractual maturities at various dates beginning on April 9, 2015. Subsequent to April 9, 2015, no lender has exercised its call option on repurchase agreements. In addition, $700 million is tied to variable rates.
	In the first quarter of 2015, the Corporation restructured $400 million of its repurchase agreements, $200 million of which were restructured by extending the contractual maturity and changing from a fixed interest rate to a variable rate, and entered into $200 million of reverse repurchase agreements with the same counterparty (effective April, 2015) under a master netting arrangement that provides for a right to setoff that meets the conditions of ASC 210-20-45-11. These repurchase agreements and reverse repurchase agreements will be presented net on the consolidated statement of financial condition beginning in the second quarter of 2015. In addition, in the first quarter of 2015, the Corporation restructured an additional $200 million of its repurchase agreements with a different counterparty by extending the contractual maturity and reducing the interest rate in these agreements.
	Repurchase agreements mature as follows:
				31-Mar-15
				(In thousands)
		One year to three years		$	500,000
		Over five years			400,000
		Total		$	900,000
	As of March 31, 2015 and December 31, 2014, the securities underlying such agreements were delivered to the dealers with which the repurchase agreements were transacted.
	Repurchase agreements as of March 31, 2015, grouped by counterparty, were as follows:
		(Dollars in thousands)					Weighted-Average
		Counterparty		Amount			Maturity (In Months)
		Citigroup Global Markets		$	300,000		19
		JP Morgan Chase			200,000		82
		Dean Witter / Morgan Stanley			100,000		31
		Credit Suisse First Boston			300,000		60
				$	900,000

ADVANCES_FROM_THE_FEDERAL_HOME

ADVANCES FROM THE FEDERAL HOME LOAN BANK (FHLB)	3 Months Ended
	Mar. 31, 2015
ADVANCES FROM THE FEDERAL HOME LOAN BANK (FHLB)	NOTE 17 – ADVANCES FROM THE FEDERAL HOME LOAN BANK (FHLB)
	The following is a summary of the advances from the FHLB:
				As of		As of
			March 31,		December 31,
			2015		2014
			(Dollars in thousands)
		Fixed-rate advances from FHLB, with a weighted-
		average interest rate of 1.17%	$	325,000	$	325,000
	Advances from FHLB mature as follows:
			March 31,
			2015
			(In thousands)
		Over one year to three years	$	300,000
		Over three to four years		25,000
		Total	$	325,000
	As of March 31, 2015, the Corporation had additional capacity of approximately $615.4 million on this credit facility based on collateral pledged at the FHLB, including a haircut reflecting the perceived risk associated with the collateral.

OTHER_BORROWINGS

OTHER BORROWINGS	3 Months Ended
	Mar. 31, 2015
OTHER BORROWINGS	NOTE 18 – OTHER BORROWINGS
	Other borrowings, as of the indicated dates, consist of:
		March 31,		December 31,
		2015		2014
		(In thousands)
	Junior subordinated debentures due in 2034,
	interest-bearing at a floating rate of 2.75%
	over 3-month LIBOR (3.02% as of March 31, 2015
	and 2.99% as of December 31, 2014)	$	103,093	$	103,093
	Junior subordinated debentures due in 2034,
	interest-bearing at a floating rate of 2.50%
	over 3-month LIBOR (2.77% as of March 31, 2015
	and 2.75% as of December 31, 2014)		128,866		128,866
		$	231,959	$	231,959

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	3 Months Ended
	Mar. 31, 2015
STOCKHOLDERS' EQUITY	NOTE 19 – STOCKHOLDERS' EQUITY
	Common Stock
	As of March 31, 2015 and December 31, 2014, the Corporation had 2,000,000,000 authorized shares of common stock with a par value of $0.10 per share. As of March 31, 2015 and December 31, 2014, there were 214,618,015 and 213,724,749 shares issued, respectively, and 213,827,258 and 212,984,700 shares outstanding, respectively. On July 30, 2009, the Corporation announced the suspension of common and preferred stock dividends effective with the preferred dividend for the month of August 2009.
	During the first quarter of 2015, the Corporation awarded 30,068 shares of restricted stock under the Omnibus Plan to one of the Corporation's independent directors, of which 4,295 shares vest in one year and the remaining 25,773 shares vest in five years. Also in the first quarter of 2015, the Corporation granted 791,464 shares of restricted stock to certain senior officers and certain other employees. For 40,000 of the 791,464 shares awarded to employees, the requisite service period is approximately three months. For the remaining 751,464 shares, the restrictions on such restricted stock will lapse with respect to 50% over a two-year period and 50% over a three-year period. Included in the shares of restricted stock granted in the first quarter of 2015 are 615,464 shares granted to certain senior officers consistent with the requirements of TARP. In addition, in the first quarter of 2015, the Corporation issued 80,234 shares of common stock as increased compensation to certain executive officers. As of March 31, 2015 and December 31, 2014, there were 3,076,438 and 2,327,156 shares of unvested restricted stock outstanding. During the first quarter of 2015, 8,500 shares of restricted stock were forfeited and the restrictions on 63,750 shares of restricted stock lapsed. Refer to Note 4 for additional information.
	Preferred Stock
	The Corporation has 50,000,000 authorized shares of preferred stock with a par value of $1, redeemable at the Corporation's option subject to certain terms. This stock may be issued in series and the shares of each series shall have such rights and preferences as are fixed by the Board of Directors when authorizing the issuance of that particular series. As of March 31, 2015, the Corporation has five outstanding series of nonconvertible, non-cumulative preferred stock: 7.125% non-cumulative perpetual monthly income preferred stock, Series A; 8.35% noncumulative perpetual monthly income preferred stock, Series B; 7.40% noncumulative perpetual monthly income preferred stock, Series C; 7.25% noncumulative perpetual monthly income preferred stock, Series D; and 7.00% noncumulative perpetual monthly income preferred stock, Series E. The liquidation value per share is $25.
	Effective January 17, 2012, the Corporation delisted all of its outstanding series of nonconvertible, noncumulative preferred stock from the New York Stock Exchange. The Corporation has not arranged for listing and/or registration on another national securities exchange or for quotation of the Series A through E Preferred Stock in a quotation medium.
	In the first quarter of 2014, the Corporation issued an aggregate of 1,075,283 shares of its common stock in exchange for an aggregate of 249,477 shares of the Corporation's Series A through E Preferred Stock, having an aggregate liquidation value of $6.2 million. The shares of common stock were issued to two holders of the Series A through E Preferred Stock in reliance upon the exemption set forth in Section 3(a)(9) of the Securities Act of 1933, as amended, for securities exchanged by an issuer with existing security holders where no commission or other remuneration is paid or given directly or indirectly by the issuer for soliciting such exchange. The carrying (liquidation) value of the Series A through E preferred stock exchanged, or $6.2 million, was reduced, and common stock and additional paid-in capital increased in the amount of the fair value of the common stock issued. The Corporation recorded the par value of the shares issued as common stock ($0.10 per common share) or $0.1 million. The excess of the common stock fair value over the par value, or $5.5 million, was recorded in additional paid-in capital. The excess of the carrying amount of the shares of preferred stock over the fair value of the shares of common stock, or $0.4 million, was recorded as an increase to retained earnings and an increase in earnings per common share computation.
	Treasury stock
	During the first quarter of 2015, the Corporation withheld an aggregate of 50,708 shares of the common stock that was paid to certain senior officers as additional compensation and of restricted stock that vested during the first quarter of 2015 to cover employees' payroll and income tax withholding liabilities; these shares are also held as treasury shares. As of March 31, 2015 and December 31, 2014, the Corporation had 790,757 and 740,049 shares held as treasury stock, respectively.
	FirstBank Statutory Reserve (Legal Surplus)
	The Banking Law of the Commonwealth of Puerto Rico requires that a minimum of 10% of FirstBank's net income for the year be transferred to legal surplus until such surplus equals the total of paid-in-capital on common and preferred stock. Amounts transferred to the legal surplus account from the retained earnings account are not available for distribution to the stockholders without the prior consent of the Puerto Rico Commissioner of Financial Institutions. The Puerto Rico Banking Law provides that when the expenditures of a Puerto Rico commercial bank are greater than receipts, the excess of the expenditures over receipts shall be charged against the undistributed profits of the bank, and the balance, if any shall be charged against the reserve fund, as a reduction thereof. If there is no reserve fund sufficient to cover such balance in whole or in part, the outstanding amount shall be charged against the capital account and the Bank cannot pay dividends until it can replenish the reserve fund to an amount of at least 20% of the original capital contributed. During the fourth quarter of 2014, $40.0 million was transferred to the legal surplus reserve. FirstBank's legal surplus reserve, included as part of retained earnings in the Corporation's statement of financial condition, amounted to $40.0 million as of March 31, 2015. There were no transfers to the legal surplus reserve during the quarter ended March 31, 2015.

INCOME_TAXES

INCOME TAXES	3 Months Ended
	Mar. 31, 2015
INCOME TAXES	NOTE 20 - INCOME TAXES
	Income tax expense includes Puerto Rico and USVI income taxes as well as applicable United States (“U.S.”) federal and state taxes. The Corporation is subject to Puerto Rico income tax on its income from all sources. As a Puerto Rico corporation, First Bancorp. is treated as a foreign corporation for U.S. and USVI income tax purposes and is generally subject to U.S. and USVI income tax only on its income from sources within the U.S. and USVI or income effectively connected with the conduct of a trade or business in those regions. Any such tax paid is also creditable against the Corporation's Puerto Rico tax liability, subject to certain conditions and limitations.
	Under the Puerto Rico Internal Revenue Code of 2011, as amended (the “2011 PR Code”), the Corporation and its subsidiaries are treated as separate taxable entities and are not entitled to file consolidated tax returns and, thus, the Corporation is not able to utilize losses from one subsidiary to offset gains in another subsidiary. Accordingly, in order to obtain a tax benefit from a net operating loss (“NOL”), a particular subsidiary must be able to demonstrate sufficient taxable income within the applicable NOL carry forward period. The 2011 PR Code provides a dividend received deduction of 100% on dividends received from “controlled” subsidiaries subject to taxation in Puerto Rico and 85% on dividends received from other taxable domestic corporations.
	The Corporation has maintained an effective tax rate lower than the maximum statutory rate mainly by investing in government obligations and mortgage-backed securities exempt from U.S. and Puerto Rico income taxes and by doing business through an International Banking Entity (“IBE”) unit of the Bank, and through the Bank's subsidiary, FirstBank Overseas Corporation, whose interest income and gain on sales is exempt from Puerto Rico and U.S. income taxation. The IBE and FirstBank Overseas Corporation were created under the International Banking Entity Act of Puerto Rico, which provides for total Puerto Rico tax exemption on net income derived by IBEs operating in Puerto Rico on the specific activities identified in the IBE Act. An IBE that operates as a unit of a bank pays income taxes at the corporate standard rates to the extent that the IBE's net income exceeds 20% of the bank's total net taxable income.
	In 2010, the Corporation established a valuation allowance for substantially all of the deferred tax assets of its banking subsidiary, FirstBank, primarily due to significant operational losses driven by charges to the provision for loan losses, a three-year cumulative loss position as of the end of the year 2010, and uncertainty regarding the amount of future taxable income that the Bank could forecast. As of December 31, 2014, based upon the assessment of all positive and negative evidence, management concluded that it was more likely than not that FirstBank will generate sufficient taxable income within the applicable NOL carry-forward periods to realize $313.0 million of its deferred tax assets and, therefore, reversed $302.9 million of the valuation allowance. As of March 31, 2015, the deferred tax assets, net of a valuation allowance of $198.6 million, amounted to $310.9 million and management concluded, based upon the assessment of all positive and negative evidence, that it is more likely than not that the Corporation will generate sufficient taxable income within the applicable NOL carry-forward periods to realize such amount.
	The Corporation recorded income tax expense of $8.0 million in the first quarter of 2015 compared to $0.9 million for the quarter ended March 31, 2014. For the quarter ended March 31, 2015, the Corporation calculated the provision for income taxes by applying the estimated annual effective tax rate for the full fiscal year to ordinary income or loss. The Corporation had historically calculated the provision for income taxes for interim periods by using a discrete effective tax rate method since it had a full valuation allowance on most of its deferred tax assets. As a result of the partial valuation allowance release during the fourth quarter of 2014, management will use the annual estimated effective tax rate as required by ASC 740 for interim period reporting. In the computation of the consolidated worldwide annual estimated effective tax rate, the ASC 740-270 requires the exclusion of legal entities with pre-tax losses from which a tax benefit cannot be recognized. The consolidated worldwide estimated effective tax rate excluding entities with pre-tax losses from which a tax benefit cannot be recognized is 22%. The effective tax rate including all entities is 24%.
	As of March 31, 2015, the Corporation did not have Unrecognized Tax Benefits (“UTBs”) recorded on its books. During 2014, the Corporation reached final settlement with the IRS in connection with the 2007-2009 examination periods. As a result of a final settlement with the IRS Appeals office during 2014, the Corporation released a portion of its reserve for uncertain tax positions, resulting in a tax benefit of $1.8 million, and paid $2.5 million to settle the tax liability resulting from the audit.
	The Corporation's liability for income taxes includes the estimate of interest not yet paid related to the settlement reached with the IRS to close the tax years 2007 through 2009. The Corporation classifies all interest and penalties, if any, related to tax uncertainties as income tax expense. As of March 31, 2015, the Corporation's accrued interest that relates to the IRS examination amounted to $1.3 million and there was no need to accrue for the payment of penalties. Audit periods remain open for review until the statute of limitations has passed. The statue of limitations under the 2011 PR code is 4 years; the statutes of limitations for Virgin Islands and U.S. income tax purposes are each three years after a tax return is due or filed, whichever is later. The completion of an audit by the taxing authorities or the expiration of the statute of limitations for a given audit period could result in an adjustment to the Corporation's liability for income taxes. Any such adjustment could be material to the results of operations for any given quarterly or annual period based, in part, upon the results of operations for the given period. For Virgin Islands and U.S. income tax purposes, all tax years subsequent to 2010 remain open to examination. The 2012 tax year U.S. federal tax return is currently under examination by the IRS. For Puerto Rico purposes, all tax years subsequent to 2010 remain open to examination.
	During 2013, the Puerto Rico Government approved Act No. 40, which imposed a national gross receipts tax. The national gross receipts tax for financial institutions was computed on the basis of 1% of gross income, net of allowable exclusions. Subject to certain limitations, a financial institution was able to claim a credit of 0.5% of its gross income, against its regular income tax or the alternative minimum tax (“AMT”). However, on December 22, 2014, the Governor of Puerto Rico signed Act No. 238, which amended the 2011 PR Code. Act No. 238 clarifies that the national gross receipts tax will not be applicable to taxable years starting after December 31, 2014. Accordingly, during this quarter, the Corporation did not record national gross receipts tax expense. In March 31, 2014, a $1.5 million gross receipt tax expense was included as part of “Taxes, other than income taxes” in the consolidated statement of income and a $0.7 million benefit related to this credit was recorded as a reduction to the provision for income taxes.
	In February 2015, the Governor of Puerto Rico announced a proposal for a new tax code that would, among other things, replace the current 7% sales and use tax with a 16% value-added tax, while lowering income taxes. Legislative changes in tax laws could adversely impact our results of operations. On April 30, 2015, the legislature voted against the new tax code. New proposals or amendments to the tax code have not yet been disclosed.

FAIR_VALUE

FAIR VALUE	3 Months Ended
	Mar. 31, 2015
FAIR VALUE	NOTE 21 – FAIR VALUE
	Fair Value Measurement
	The FASB authoritative guidance for fair value measurement defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. This guidance also establishes a fair value hierarchy for classifying financial instruments. The hierarchy is based on whether the inputs to the valuation techniques used to measure fair value are observable or unobservable. Three levels of inputs may be used to measure fair value:
	Level 1	Valuations of Level 1 assets and liabilities are obtained from readily available pricing sources for market transactions involving identical assets or liabilities. Level 1 assets and liabilities include equity securities that trade in an active exchange market, as well as certain U.S. Treasury and other U.S. government and agency securities and corporate debt securities that are traded by dealers or brokers in active markets.
	Level 2	Valuations of Level 2 assets and liabilities are based on observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 2 assets and liabilities include (i) mortgage-backed securities for which the fair value is estimated based on the value of identical or comparable assets, (ii) debt securities with quoted prices that are traded less frequently than exchange-traded instruments, and (iii) derivative contracts whose value is determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data.
	Level 3	Valuations of Level 3 assets and liabilities are based on unobservable inputs that are supported by little or no market activity and are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments whose value is determined by using pricing models for which the determination of fair value required significant management judgments estimation.
	For 2015, there have been no transfers into or out of Level 1, Level 2 or Level 3 of the fair value hierarchy.
	Financial Instruments Recorded at Fair Value on a Recurring Basis
	Investment securities available for sale
	The fair value of investment securities was the market value based on quoted market prices (as is the case with equity securities, Treasury notes, and non-callable U.S. Agency debt securities), when available (Level 1), or market prices for identical or comparable assets (as is the case with MBS and callable U.S. agency debt) that are based on observable market parameters, including benchmark yields, reported trades, quotes from brokers or dealers, issuer spreads, bids, offers and reference data including market research operations (Level 2). Observable prices in the market already consider the risk of nonperformance. If listed prices or quotes are not available, fair value is based upon models that use unobservable inputs due to the limited market activity of the instrument, as is the case with certain private label mortgage-backed securities held by the Corporation (Level 3).
	Private label MBS are collateralized by fixed-rate mortgages on single-family residential properties in the United States; the interest rate on the securities is variable, tied to 3-month LIBOR and limited to the weighted average coupon of the underlying collateral. The market valuation represents the estimated net cash flows over the projected life of the pool of underlying assets applying a discount rate that reflects market observed floating spreads over LIBOR, with a widening spread based on a nonrated security. The market valuation is derived from a model that utilizes relevant assumptions such as prepayment rate, default rate, and loss severity on a loan level basis. The Corporation modeled the cash flow from the fixed-rate mortgage collateral using a static cash flow analysis according to collateral attributes of the underlying mortgage pool (i.e., loan term, current balance, note rate, rate adjustment type, rate adjustment frequency, rate caps, and others) in combination with prepayment forecasts obtained from a commercially available prepayment model (ADCO). The variable cash flow of the security is modeled using the 3-month LIBOR forward curve. Loss assumptions were driven by the combination of default and loss severity estimates, taking into account loan credit characteristics (loan-to-value, state, origination date, property type, occupancy loan purpose, documentation type, debt-to-income ratio, and other) to provide an estimate of default and loss severity. Refer to the table below for further information regarding qualitative information for all assets and liabilities measured at fair value using significant unobservable inputs (Level 3).
	Derivative instruments
	The fair value of most of the Corporation's derivative instruments is based on observable market parameters and takes into consideration the credit risk component of paying counterparties, when appropriate, except when collateral is pledged. That is, on interest rate swaps, the credit risk of both counterparties is included in the valuation; and, on options and caps, only the seller's credit risk is considered. The derivative instruments, namely swaps and caps, were valued using a discounted cash flow approach using the related LIBOR and swap rate for each cash flow. Derivatives include interest rate swaps used for protection against rising interest rates. For these interest rate swaps, a credit component was not considered in the valuation since the Corporation has fully collateralized with investment securities any marked-to-market loss with the counterparty and, if there were market gains, the counterparty had to deliver collateral to the Corporation.
	Although most of the derivative instruments are fully collateralized, a credit spread is considered for those that are not secured in full. The cumulative mark-to-market effect of credit risk in the valuation of derivative instruments for the quarters ended March 31, 2015 and 2014 was immaterial.
	Assets and liabilities measured at fair value on a recurring basis, are summarized below:
		As of March 31, 2015												As of December 31, 2014
		Fair Value Measurements Using												Fair Value Measurements Using
	(In thousands)	Level 1			Level 2			Level 3			Assets/Liabilities at Fair Value			Level 1		Level 2		Level 3		Assets/Liabilities at Fair Value
	Assets:
	Securities available for sale :
	U.S. Treasury Securities	$	7,500		$	-		$	-		$	7,500		$	7,499	$	-	$	-	$	7,499
	Noncallable U.S. agency debt		-			286,066			-			286,066			-		228,157		-		228,157
	Callable U.S. agency debt and MBS		-			1,607,273			-			1,607,273			-		1,653,140		-		1,653,140
	Puerto Rico government obligations		-			39,073			2,390			41,463			-		40,658		2,564		43,222
	Private label MBS		-			-			31,824			31,824			-		-		33,648		33,648
	Other investments held for sale		-			-			100			100			-		-		-		-
	Derivatives, included in assets:
	Interest rate swap agreements		-			-			-			-			-		33		-		33
	Purchased interest rate cap agreements		-			1			-			1			-		6		-		6
	Liabilities:
	Derivatives, included in liabilities:
	Interest rate swap agreements		-			-			-			-			-		33		-		33
	Written interest rate cap agreement		-			1			-			1			-		6		-		6
	Forward contracts		-			220			-			220			-		148		-		148
	The table below presents a reconciliation of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the quarters ended March 31, 2015 and 2014.
			Total Fair Value Measurements
			Quarter ended March 31,
			2015			2014
	Level 3 Instruments Only		Securities			Securities
	(In thousands)		Available For Sale(1)			Available For Sale(1)
	Beginning balance		$	36,212			43,292
	Total gains (losses) (realized/unrealized):
	Included in earnings			-156			-
	Included in other comprehensive income			619			964
	Held-to-Maturity investment securities reclassified to Available-for-Sale
	Sales
	Purchases			100			5,123
	Principal repayments and amortization			-2,461			-1,869
	Ending balance		$	34,314		$	47,510
	-1	Amounts mostly related to private label MBS.
	The table below presents qualitative information for significant assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) at March 31, 2015:
		31-Mar-15
	(In thousands)	Fair Value			Valuation Technique		Unobservable Input		Range
	Investment securities available-for-sale:
	Private label MBS	$	31,824		Discounted cash flow		Discount rate		14.50%
							Prepayment rate		18.04% -100.00% (Weighted Average 32%)
							Projected Cumulative Loss Rate		0.00% -80.00% (Weighted Average 7.3%)
	Puerto Rico Government Obligations		2,390		Discounted cash flow		Prepayment speed		2.89%
	Information about Sensitivity to Changes in Significant Unobservable Inputs
	Private label MBS: The significant unobservable inputs in the valuation include probability of default, the loss severity assumption, and prepayment rates. Shifts in those inputs would result in different fair value measurements. Increases in the probability of default, loss severity assumptions, and prepayments rates in isolation would generally result in an adverse effect on the fair value of the instruments. Meaningful and possible shifts of each input were modeled to assess the effect on the fair value estimation.
	Puerto Rico Government Obligations: The significant unobservable input used in the fair value measurement is the assumed prepayment rate. A significant increase (decrease) in the assumed rate would lead to a higher (lower) fair value estimate. Loss severity and probability of default are not included as significant unobservable variables because the notes are guaranteed by the Puerto Rico Housing Finance Authority (“PRHFA”). The PRHFA credit risk is modeled by discounting the cash flows using a curve appropriate to the PRHFA credit rating.
	The table below summarizes changes in unrealized gains and losses recorded in earnings for the quarters ended March 31, 2015 and 2014 for Level 3 assets and liabilities that are still held at the end of each period:
				Changes in Unrealized Losses			Changes in Unrealized Losses
				(Quarter ended March 31, 2015)			(Quarter Ended March 31, 2014)
Level 3 Instruments Only		Securities			Securities
(In thousands)		Available For Sale			Available For Sale
Changes in unrealized losses relating to assets still held at reporting date:
Net impairment losses on investment securities (credit component)			($156)			$ -
Additionally, fair value is used on a nonrecurring basis to evaluate certain assets in accordance with GAAP. Adjustments to fair value usually result from the application of lower-of-cost or market accounting (e.g., loans held for sale carried at the lower-of-cost or fair value and repossessed assets) or write downs of individual assets (e.g., goodwill, loans).
As of March 31, 2015, impairment or valuation adjustments were recorded for assets recognized at fair value on a non-recurring basis as shown in the following table:
		Carrying value as of March 31, 2015									Losses recorded for the Quarter Ended March 31, 2015
		Level 1			Level 2			Level 3
			(In thousands)
Loans receivable (1)		$	-		$	-		$	436,944		$	-13,725
Other Real Estate Owned (2)			-			-			122,628			-2,711
Mortgage servicing rights (3)			-			-			22,973			-38
Loans Held For Sale (4)			-			-			54,588			-
-1	Mainly impaired commercial and construction loans. The impairment was generally measured based on the fair value of the collateral. The fair values were derived from external appraisals that take into consideration prices in observed transactions involving similar assets in similar locations but adjusted for specific characteristics and assumptions of the collateral (e.g., absorption rates), which are not market observable.
-2	The fair value was derived from appraisals that take into consideration prices in observed transactions involving similar assets in similar locations but adjusted for specific characteristics and assumptions of the properties (e.g., absorption rates and net operating income of income producing properties), which are not market observable. Losses were related to market valuation adjustments after the transfer of the loan to the OREO portfolio.
-3	Fair value adjustments to mortgage servicing rights were mainly due to assumptions associated with mortgage prepayment rates. The Corporation carries its mortgage servicing rights at the lower of cost or market, measured at fair value on a non-recurring basis. Assumptions for the value of mortgage servicing rights included: Prepayment rate-10.25%, Discount Rate-10.62%.
-4	The value of these loans was derived from external appraisals, adjusted for specific characteristics of the loans, and, for loans with signed sale agreements, the value was determined based on the sales price in such agreements.
As of March 31, 2014, impairment or valuation adjustments were recorded for assets recognized at fair value on a non-recurring basis as shown in the following table:
		Carrying value as of March 31, 2014									(Losses) Gain recorded for the Quarter Ended March 31, 2014
		Level 1			Level 2			Level 3
		(In thousands)
Loans receivable (1)		$	-		$	-		$	478,393		$	-23,793
Other Real Estate Owned (2)			-			-			138,622			-4,747
Mortgage servicing rights (3)			-			-			22,026			-219
Loans Held For Sale (4)			-			-			54,755			-
-1	Mainly impaired commercial and construction loans. The impairment was generally measured based on the fair value of the collateral. The fair values were derived from external appraisals that take into consideration prices in observed transactions involving similar assets in similar locations but adjusted for specific characteristics and assumptions of the collateral (e.g. absorption rates), which are not market observable.
-2	The fair value was derived from appraisals that take into consideration prices in observed transactions involving similar assets in similar locations but adjusted for specific characteristics and assumptions of the properties (e.g., absorption rates and net operating income of income producing properties), which are not market observable. Losses were related to market valuation adjustments after the transfer of the loan to the OREO portfolio.
-3	Fair value adjustments to the mortgage servicing rights were mainly due to assumptions associated with mortgage prepayments rates. The Corporation carries its mortgage servicing rights at the lower-of-cost or market, measured at fair value on a non-recurring basis. Assumptions for the value of mortgage servicing rights included: Prepayment Rate-9.10%, Discount Rate-10.61%.
-4	The value of these loans was derived from external appraisals, adjusted for specific characteristics of the loans, and, for loans with signed sale agreements, the value was determined based on the sales price in such agreements.
Qualitative information regarding the fair value measurements for Level 3 financial instruments is as follows:
	31-Mar-15
	Method		Inputs
Loans	Income, Market, Comparable Sales, Discounted Cash Flows		External appraised values; probability weighting of broker price opinions; management assumptions regarding market trends or other relevant factors
OREO	Income, Market, Comparable Sales, Discounted Cash Flows		External appraised values; probability weighting of broker price opinions; management assumptions regarding market trends or other relevant factors
Mortgage servicing rights	Discounted Cash Flow		Weighted average prepayment rate of 10.25%; weighted average discount rate of 10.62%
The following is a description of the valuation methodologies used for instruments that are not measured or reported at fair value on a recurring basis or reported at fair value on a non-recurring basis. The estimated fair value was calculated using certain facts and assumptions, which vary depending on the specific financial instrument.
Cash and due from banks and money market investments
The carrying amounts of cash and due from banks and money market investments are reasonable estimates of their fair value. Money market investments include held-to-maturity securities, which have a contractual maturity of three months or less. The fair value of these securities is based on quoted market prices in active markets that incorporate the risk of nonperformance.
Other equity securities
Equity or other securities that do not have a readily available fair value are stated at their net realizable value, which management believes is a reasonable proxy for their fair value. This category is principally composed of stock that is owned by the Corporation to comply with FHLB regulatory requirements. The realizable value of the FHLB stock equals its cost as this stock can be freely redeemed at par.
Loans receivable, including loans held for sale
The fair value of loans held for investment and of mortgage loans held for sale was estimated using discounted cash flow analyses, based on interest rates currently being offered for loans with similar terms and credit quality and with adjustments that the Corporation's management believes a market participant would consider in determining fair value. Loans were classified by type, such as commercial, residential mortgage, and automobile. These asset categories were further segmented into fixed- and adjustable-rate categories. Valuations are carried out based on categories and not on a loan-by-loan basis. The fair values of performing fixed-rate and adjustable-rate loans were calculated by discounting expected cash flows through the estimated maturity date. This fair value is not currently an indication of an exit price as that type of assumption could result in a different fair value estimate. The fair value of credit card loans was estimated using a discounted cash flow method and excludes any value related to a customer account relationship. Other loans with no stated maturity, like credit lines, were valued at book value. Prepayment assumptions were considered for non-residential loans. For residential mortgage loans, prepayment estimates were based on a prepayments model that combined both a historical calibration and current market prepayment expectations. Discount rates were based on the U.S. Treasury and LIBOR/Swap Yield Curves at the date of the analysis, and included appropriate adjustments for expected credit losses and liquidity. For impaired collateral dependent loans, the impairment was primarily measured based on the fair value of the collateral, which is derived from appraisals that take into consideration prices in observable transactions involving similar assets in similar locations. The market valuation of the loans acquired from Doral Bank in the first quarter of 2015 was derived from a model of forecasted cash flows that uses market-driven assumptions such as prepayment rate, default rate, and loss severity on a loan level basis. The forecasted cash flows are then discounted by yields observed in sales of similar portfolios in Puerto Rico and the continental U.S.
Deposits
The estimated fair value of demand deposits and savings accounts, which are deposits with no defined maturities, equals the amount payable on demand at the reporting date. The fair values of retail fixed-rate time deposits, with stated maturities, are based on the present value of the future cash flows expected to be paid on the deposits. The cash flows were based on contractual maturities; no early repayments were assumed. Discount rates were based on the LIBOR yield curve.
The estimated fair value of total deposits excludes the fair value of core deposit intangibles, which represents, the value of the customer relationship measured by the value of demand deposits and savings deposits that bear a low or zero rate of interest and do not fluctuate in response to changes in interest rates.
The fair value of brokered CDs, which are included within deposits, is determined using discounted cash flow analyses over the full term of the CDs. The fair value of the CDs is computed using the outstanding principal amount. The discount rates used were based on brokered CD market rates as of March 31, 2015. The fair value does not incorporate the risk of nonperformance, since interests in brokered CDs are generally sold by brokers in amounts of less than $250,000 and, therefore, are insured by the FDIC.
Securities sold under agreements to repurchase
Some repurchase agreements reprice at least quarterly, and their outstanding balances are estimated to be their fair value. Where longer commitments are involved, fair value is estimated using exit price indications of the cost of unwinding the transactions as of the end of the reporting period. The brokers who are the counterparties provide these indications. Securities sold under agreements to repurchase are fully collateralized by investment securities.
Advances from FHLB
The fair value of advances from FHLB with fixed maturities is determined using discounted cash flow analyses over the full term of the borrowings, using indications of the fair value of similar transactions. The cash flows assume no early repayment of the borrowings. Discount rates are based on the LIBOR yield curve. Advances from FHLB are fully collateralized by mortgage loans and, to a lesser extent, investment securities.
Other borrowings
Other borrowings consist of junior subordinated debentures. Projected cash flows from the debentures were discounted using the Bloomberg BB Finance curve plus a credit spread. This credit spread was estimated using the difference in yield curves between swap rates and a yield curve that considers the industry and credit rating of the Corporation as issuer of the note at a tenor comparable to the time to maturity of the debentures.
The following table presents the estimated fair value and carrying value of financial instruments as of March 31, 2015 and December 31, 2014
	Total Carrying Amount in Statement of Financial Condition March 31, 2015			Fair Value Estimated March 31, 2015			Level 1			Level 2			Level 3
	(In thousands)
Assets:
Cash and due from banks and money
market investments	$	984,436		$	984,436		$	984,436		$	-		$	-
Investment securities available
for sale		1,974,226			1,974,226			7,500			1,932,412			34,314
Other equity securities		26,185			26,185			-			26,185			-
Loans held for sale		81,723			82,942			-			28,301			54,641
Loans held for investment		9,485,372
Less: allowance for loan and lease losses		-226,064
Loans held for investment, net of allowance	$	9,259,308			9,115,707			-			-			9,115,707
Derivatives, included in assets		1			1			-			1			-
Liabilities:
Deposits		9,841,038			9,852,630			-			9,852,630			-
Securities sold under agreements to repurchase		900,000			966,365			-			966,365			-
Advances from FHLB		325,000			326,087			-			326,087			-
Other borrowings		231,959			169,935			-			-			169,935
Derivatives, included in liabilities		221			221			-			221			-
	Total Carrying Amount in Statement of Financial Condition December 31, 2014			Fair Value Estimated December 31, 2014			Level 1			Level 2			Level 3
	(In thousands)
Assets:
Cash and due from banks and money
market investments	$	796,108		$	796,108		$	796,108		$	-		$	-
Investment securities available
for sale		1,965,666			1,965,666			7,499			1,921,955			36,212
Other equity securities		25,752			25,752			-			25,752			-
Loans held for sale		76,956			77,888			-			23,247			54,641
Loans held for investment		9,262,436
Less: allowance for loan and lease losses		-222,395
Loans held for investment, net of allowance	$	9,040,041			8,844,659			-			-			8,844,659
Derivatives, included in assets		39			39			-			39			-
Liabilities:
Deposits		9,483,945			9,486,325			-			9,486,325			-
Securities sold under agreements to repurchase		900,000			958,715			-			958,715			-
Advances from FHLB		325,000			324,376			-			324,376			-
Other borrowings		231,959			162,344			-			-			162,344
Derivatives, included in liabilities		187			187			-			187			-

SUPPLEMENTAL_CASH_FLOW_INFORMA

SUPPLEMENTAL CASH FLOW INFORMATION	3 Months Ended
	Mar. 31, 2015
SUPPLEMENTAL CASH FLOW INFORMATION	NOTE 22 – SUPPLEMENTAL CASH FLOW INFORMATION
	Supplemental cash flow information is as follows:
		Quarter Ended March 31,
		2015		2014
		(In thousands)
	Cash paid for:
	Interest on borrowings	$	24,502	$	23,359
	Income tax		82		113
	Non-cash investing and financing activities:
	Additions to other real estate owned		12,702		8,176
	Additions to auto and other repossessed assets		20,464		20,771
	Capitalization of servicing assets		1,073		1,052
	Loan securitizations		46,914		50,792
	Preferred stock exchanged for new common stock issued:
	Preferred stock exchanged (Series A through E)		-		6,024
	New common stock issued		-		5,645
	Fair value of assets acquired (liabilities assumed) in the Doral Bank transaction:
	Loans		311,410		-
	Premises and equipment, net		5,450		-
	Core deposit intangible		5,820		-
	Deposits		-523,517		-

SEGMENT_INFORMATION

SEGMENT INFORMATION	3 Months Ended
	Mar. 31, 2015
SEGMENT INFORMATION	NOTE 23 – SEGMENT INFORMATION
	Based upon the Corporation's organizational structure and the information provided to the Chief Executive Officer of the Corporation and, to a lesser extent, the Board of Directors, the operating segments are driven primarily by the Corporation's lines of business for its operations in Puerto Rico, the Corporation's principal market, and by geographic areas for its operations outside of Puerto Rico. As of March 31, 2015, the Corporation had six reportable segments: Commercial and Corporate Banking; Mortgage Banking; Consumer (Retail) Banking; Treasury and Investments; United States Operations, and Virgin Islands Operations. Management determined the reportable segments based on the internal reporting used to evaluate performance and to assess where to allocate resources. Other factors such as the Corporation's organizational chart, nature of the products, distribution channels, and the economic characteristics of the product were also considered in the determination of the reportable segments.
	The Commercial and Corporate Banking segment consists of the Corporation's lending and other services for large customers represented by specialized and middle-market clients and the public sector. The Commercial and Corporate Banking segment offers commercial loans, including commercial real estate and construction loans, and floor plan financings, as well as other products, such as cash management and business management services. The Mortgage Banking segment consists of the origination, sale, and servicing of a variety of residential mortgage loans. The Mortgage Banking segment also acquires and sells mortgages in the secondary markets. In addition, the Mortgage Banking segment includes mortgage loans purchased from other local banks and mortgage bankers. The Consumer (Retail) Banking segment consists of the Corporation's consumer lending and deposit-taking activities conducted mainly through its branch network and loan centers. The Treasury and Investments segment is responsible for the Corporation's investment portfolio and treasury functions executed to manage and enhance liquidity. This segment lends funds to the Commercial and Corporate Banking, Mortgage Banking and Consumer (Retail) Banking segments to finance their lending activities and borrows from those segments and from the United States Operations segment. The Consumer (Retail) Banking and the United States Operations segments also lend funds to other segments. The interest rates charged or credited by Treasury and Investments, the Consumer (Retail) Banking and the United States Operations segments are allocated based on market rates. The difference between the allocated interest income or expense and the Corporation's actual net interest income from centralized management of funding costs is reported in the Treasury and Investments segment. The United States Operations segment consists of all banking activities conducted by FirstBank in the United States mainland, including commercial and retail banking services. The Virgin Islands Operations segment consists of all banking activities conducted by the Corporation in the USVI and BVI, including commercial and retail banking services.
	The accounting policies of the segments are the same as those referred to in Note 1- “Nature of Business and Summary of Significant Accounting Policies,” in the audited consolidated financial statements of the Corporation for the year ended December 31, 2014, which are included in the Corporation's 2014 Annual Report on Form 10-K.
	The Corporation evaluates the performance of the segments based on net interest income, the estimated provision for loan and lease losses, non-interest income, and direct non-interest expenses. The segments are also evaluated based on the average volume of their interest-earning assets less the allowance for loan and lease losses.
	The following table presents information about the reportable segments:
	(In thousands)	Mortgage Banking			Consumer (Retail) Banking			Commercial and Corporate		Treasury and Investments		United States Operations		Virgin Islands Operations		Total
	For the quarter ended March 31, 2015:
	Interest income	$	33,876		$	49,836		$	34,803	$	13,067	$	11,231	$	9,672	$	152,485
	Net (charge) credit for transfer of funds		-11,236			3,684			-3,795		7,754		3,593		-		-
	Interest expense		-			-5,657			-		-16,007		-4,339		-835		-26,838
	Net interest income		22,640			47,863			31,008		4,814		10,485		8,837		125,647
	(Provision) release for loan and lease losses		-6,963			-16,685			-9,093		-		2,133		-2,362		-32,970
	Non-interest income		3,399			12,417			524		-100		524		2,522		19,286
	Direct non-interest expenses		-8,065			-31,559			-7,979		-1,339		-7,183		-8,580		-64,705
	Segment income	$	11,011		$	12,036		$	14,460	$	3,375	$	5,959	$	417	$	47,258
	Average earnings assets	$	2,492,247		$	2,045,277		$	3,028,358	$	2,764,058	$	971,887	$	639,162	$	11,940,989
	(In thousands)	Mortgage Banking			Consumer (Retail) Banking			Commercial and Corporate		Treasury and Investments		United States Operations		Virgin Islands Operations		Total
	For the quarter ended March 31, 2014:
	Interest income	$	25,748		$	55,812		$	42,299	$	15,583	$	10,896	$	10,233	$	160,571
	Net (charge) credit for transfer of funds		-8,546			3,635			-2,999		5,800		2,110		-		-
	Interest expense		-			-6,796			-		-16,761		-4,797		-897		-29,251
	Net interest income		17,202			52,651			39,300		4,622		8,209		9,336		131,320
	(Provision) release for loan and lease losses		-3,384			-20,495			-13,345		-		5,959		-650		-31,915
	Non-interest income (loss)		3,102			10,630			1,767		53		441		1,967		17,960
	Direct non-interest expenses		-9,832			-32,015			-12,578		-1,126		-7,220		-9,024		-71,795
	Segment income	$	7,088		$	10,771		$	15,144	$	3,549	$	7,389	$	1,629	$	45,570
	Average earnings assets	$	1,955,990		$	2,006,395		$	3,921,439	$	2,710,930	$	846,152	$	655,568	$	12,096,474
	The following table presents a reconciliation of the reportable segment financial information to the consolidated totals:
			Quarter Ended
			March 31,
			2015			2014
	Net income:
	Total income for segments and other		$	47,258		$	45,570
	Other non-interest gain (loss) (1)			13,443			-6,610
	Other operating expenses (2)			-27,023			-20,990
	Income before income taxes			33,678			17,970
	Income tax expense			-8,032			-887
	Total consolidated net income		$	25,646		$	17,083
	Average assets:
	Total average earning assets for segments		$	11,940,989		$	12,096,474
	Other average earning assets (1)			-			6,570
	Average non-earning assets			934,999			671,146
	Total consolidated average assets		$	12,875,988		$	12,774,190
	-1	The bargain purchase gain on the acquisition of assets and assumption of deposits from Doral Bank in 2015 as well as the activities related to the Bank's equity interest in CPG/GS are presented as an Other non-interest income (loss) and the investment in CPG/GS is presented as Other average earning assets in the tables above.
	-2	Expenses pertaining to corporate administrative functions that support the operating segment but are not specifically attributable to or managed by any segment are not included in the reported financial results of the operating segments. The unallocated corporate expenses include certain general and administrative expenses and related depreciation and amortization expenses.

REGULATORY_MATTERS_COMMITMENTS

REGULATORY MATTERS, COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2015
REGULATORY MATTERS, COMMITMENTS AND CONTINGENCIES	NOTE 24 – REGULATORY MATTERS, COMMITMENTS AND CONTINGENCIES
	The Corporation is subject to various regulatory capital requirements imposed by the federal banking agencies. Failure to meet minimum capital requirements can result in certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material adverse effect on the Corporation's financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Corporation must meet specific capital guidelines that involve quantitative measures of the Corporation's assets and liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The Corporation's capital amounts and classification are also subject to qualitative judgment and adjustment by the regulators with respect to minimum capital requirements, components, risk weightings, and other factors.
	FirstBank received notification from the FDIC that the Consent Order under which the Bank had been operating since June 2, 2010 was terminated effective April 29, 2015.  Although the Consent Order has been terminated, First BanCorp. is still subject to the Written Agreement that the Corporation entered with the Federal Reserve Bank of New York on June 3, 2010.
	The Written Agreement provides, among other things, that the holding company must serve as a source of strength to FirstBank, and that, except with the consent generally of the New York FED and Federal Reserve Board, (1) the holding company may not pay dividends to stockholders or receive dividends from FirstBank, (2) the holding company and its nonbank subsidiaries may not make payments on trust-preferred securities or subordinated debt, and (3) the holding company cannot incur, increase, or guarantee debt or repurchase any capital securities. The Written Agreement also requires that the holding company submit a capital plan that reflects sufficient capital at First BanCorp. on a consolidated basis, which must be acceptable to the New York FED, and follow certain guidelines with respect to the appointment or change in responsibilities of senior officers. The foregoing summary is not complete and is qualified in all respects by reference to the actual language of the Written Agreement.
	The Corporation submitted its Capital Plan setting forth its plans for how to improve capital positions to comply with the Written Agreement over time. In addition to the Capital Plan, the Corporation submitted to its regulators a liquidity and brokered CD plan, including a contingency funding plan, a non-performing asset reduction plan, a budget and profit plan, a strategic plan, and a plan for the reduction of classified and special mention assets. As of March 31, 2015, the Corporation had completed all of the items included in the Capital Plan and is continuing to work on reducing non-performing loans. The Written Agreement also requires the submission to the regulators of quarterly progress reports.
	In July 2013, the U.S. banking regulators approved a revised regulatory capital framework for U.S. banking organizations (the “Basel III rules”) that is based on international regulatory capital requirements adopted by the Basel Committee on Banking Supervision over the past several years. The Basel III rules introduce new minimum capital ratios and capital conservation buffer requirements, change the composition of regulatory capital, require a number of new adjustments to and deductions from regulatory capital, and introduce a new “Standardized Approach” for the calculation of risk-weighted assets. The new minimum regulatory capital requirements and the Standardized Approach for the calculation of risk-weighted assets became effective for the Corporation and FirstBank on January 1, 2015. The phase-in period for certain deductions and adjustments to regulatory capital began on January 1, 2015 and will be completed on January 1, 2018. The phase-in period for the capital conservation buffer requirements begins on January1, 2016 and will be completed on January 1, 2019.
	The Basel III rules introduce a new and separate ratio of Common Equity Tier 1 capital (“CET1”) to risk-weighted assets. CET1, a narrower subcomponent of total Tier 1 capital, generally consists of common stock and related surplus, retained earnings, accumulated other comprehensive income (“AOCI”), and qualifying minority interests. Certain banking organizations, however, including the Corporation and FirstBank, were allowed to make a one-time permanent election in early 2015 to continue to exclude AOCI items. The Corporation and FirstBank have elected to permanently exclude capital in AOCI in order to avoid significant variations in the level of capital depending upon the impact of interest rate fluctuations on the fair value of the securities portfolio. In addition, the Basel III rules require the Corporation to maintain an additional CET1 capital conservation buffer of 2.5%. The capital conservation buffer must be maintained to avoid limitations on both (i) capital distributions (e.g. repurchases of capital instruments or dividend or interest payments on capital instruments), and (ii) discretionary bonus payments to executive officers and heads of major business lines. Under the fully phased-in rules, the Corporation will be required to maintain: (i) a minimum CET1 to risk-weighted assets ratio of at least 4.5%, plus the 2.5% “capital conservation buffer,” resulting in a required minimum CET1 ratio of at least 7%, (ii) a minimum ratio of total Tier 1 capital to risk-weighted assets of at least 6.0%, plus the 2.5% capital conservation buffer, resulting in a required minimum Tier 1 capital ratio of 8.5%, (iii) a minimum ratio of total Tier 1 plus Tier 2 capital to risk-weighted assets of at least 8.0%, plus the 2.5% capital conservation buffer, resulting in a required minimum total capital ratio of 10.5%, and (iv) a required minimum leverage ratio of 4%, calculated as the ratio of Tier 1 capital to average on-balance sheet (non-risk adjusted) assets. The phase-in of the capital conservation buffer will begin on January 1, 2016 with a first year requirement of 0.625% of additional CET1, which will be progressively increased over a four-year period, increasing by that same percentage amount on each subsequent January 1 until it reaches the fully phased-in 2.5% CET1 requirement on January 1, 2019.
	In addition, the Basel III rules require a number of new deductions from and adjustments to CET1, including deductions from CET1 for certain intangible assets, and deferred tax assets dependent upon future taxable income; the four-year phase-in period for these adjustments generally began on January 1, 2015. Mortgage servicing assets and deferred tax assets attributable to temporary differences, among others, are required to be deducted to the extent that any one such category exceeds 10% of CET1 or all such categories in the aggregate exceed 15% of CET1.
	In addition, the Federal Reserve Board's Basel III rules require that certain non-qualifying capital instruments, including cumulative preferred stock and trust preferred securities (“TRuPs”), be excluded from Tier 1 capital. In general, banking organizations such as the Corporation began to phase out TRuPs from Tier 1 capital on January 1, 2015. The Corporation is allowed to include 25% of the $225 million outstanding qualifying TRuPs as Tier 1 capital in 2015 and the TRuPs must be fully phased out from Tier 1 capital by January 1, 2016. However, the Corporation's TRuPs may continue to be included in Tier 2 capital until the instruments are redeemed or mature.
	The Basel III rules also revise the “prompt corrective action” (“PCA”) regulations that apply to depository institutions, including FirstBank, pursuant to Section 38 of the Federal Deposit Insurance Act by (i) introducing a separate CET1 ratio requirement for each PCA capital category (other than critically undercapitalized) with the required CET1 ratio being 6.5% for well-capitalized status; (ii) increasing the minimum Tier 1 capital ratio requirement for each PCA capital category with the minimum Tier 1 capital ratio for well-capitalized status being 8% (as compared to the previous 6%); and (iii) eliminating the provision that allowed a bank with a composite supervisory rating of 1 to have a 3% leverage ratio and still be adequately capitalized and maintaining the minimum leverage ratio for well-capitalized status at 5%. The Basel III rules do not change the total risk-based capital requirement (10% for well-capitalized status) for any PCA capital category. The new PCA requirements became effective on January 1, 2015.
	The Corporation and FirstBank compute risk weighted assets using the Standardized Approach required by the Basel III rules. The Standardized Approach for risk-weightings has expanded the risk-weighting categories from the four major risk-weighting categories under the previous regulatory capital rules (0%, 20%, 50%, and 100%) to a much larger and more risk-sensitive number of categories, depending on the nature of the assets. In a number of cases, the Standardized Approach results in higher risk weights for a variety of asset categories. Specific changes to the risk-weightings of assets include, among other things: (i) applying a 150% risk weight instead of a 100% risk weight for certain high volatility commercial real estate acquisition, development and construction loans, (ii) assigning a 150% risk weight to exposures that are 90 days past due (other than qualifying residential mortgage exposures, which remain at an assigned risk-weighting of 100%), (iii) establishing a 20% credit conversion factor for the unused portion of a commitment with an original maturity of one year or less that is not unconditionally cancellable, in contrast to the 0% risk-weighting under the prior rules and (iv) capital is required to cover the risk of unexpected losses due to failure of a customer or counterparty to meet its financial obligations in accordance with contractual terms (repo-style transactions).
		The Corporation's and its banking subsidiary's regulatory capital positions as of March 31, 2015 and December 31, 2014 were as follows:
			Regulatory Requirements
			Actual			For Capital Adequacy Purposes			To be Well-Capitalized-Regular Thresholds
			Amount		Ratio	Amount		Ratio	Amount		Ratio
			(Dollars in thousands)
	As of March 31, 2015 (Basel III)
	Total Capital (to
	Risk-Weighted Assets)
	First BanCorp.		$	1,828,253	19.20%	$	761,694	8%		N/A	N/A
	FirstBank		$	1,798,122	18.89%	$	761,410	8%	$	951,763	10%
	Common Equity Tier 1 Capital
	(to Risk-Weighted Assets)
	First BanCorp.		$	1,537,862	16.15%	$	428,453	4.50%		N/A	N/A
	FirstBank		$	1,486,508	15.62%	$	428,293	4.50%	$	618,646	6.50%
	Tier I Capital (to
	Risk-Weighted Assets)
	First BanCorp.		$	1,537,862	16.15%	$	571,271	6%		N/A	N/A
	FirstBank		$	1,676,525	17.61%	$	571,058	6%	$	761,410	8%
	Leverage ratio
	First BanCorp.		$	1,537,862	12.16%	$	505,698	4%		N/A	N/A
	FirstBank		$	1,676,525	13.28%	$	505,036	4%	$	631,295	5%
	As of December 31, 2014 (Basel I)
	Total Capital (to
	Risk-Weighted Assets)
	First BanCorp.		$	1,748,120	19.70%	$	709,723	8%		N/A	N/A
	FirstBank		$	1,717,432	19.37%	$	709,395	8%	$	886,744	10%
	Tier I Capital (to
	Risk-Weighted Assets)
	First BanCorp.		$	1,636,004	18.44%	$	354,861	4%		N/A	N/A
	FirstBank		$	1,605,367	18.10%	$	354,698	4%	$	532,046	6%
	Leverage ratio
	First BanCorp.		$	1,636,004	13.27%	$	493,159	4%		N/A	N/A
	FirstBank		$	1,605,367	13.04%	$	492,468	4%	$	615,585	5%
	The Corporation enters into financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments may include commitments to extend credit and commitments to sell mortgage loans at fair value. As of March 31, 2015, commitments to extend credit amounted to approximately $1.1 billion, of which $645.6 million relates to credit card loans. Commercial and Financial standby letters of credit amounted to approximately $44.5 million. Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any conditions established in the contract. Commitments generally have fixed expiration dates or other termination clauses. Since certain commitments are expected to expire without being drawn upon, the total commitment amount does not necessarily represent future cash requirements. For most of the commercial lines of credit, the Corporation has the option to reevaluate the agreement prior to additional disbursements. In the case of credit cards and personal lines of credit, the Corporation can cancel the unused credit facility at any time and without cause. Generally, the Corporation's mortgage banking activities do not enter into interest rate lock agreements with prospective borrowers.
	As of March 31, 2015, First BanCorp. and its subsidiaries were defendants in various legal proceedings arising in the ordinary course of business. Management believes that the final disposition of these matters, to the extent not previously provided for, will not have a material adverse effect, individually or in the aggregate, on the Corporation's financial position, results of operations or cash flows.

FIRST_BANCORP_Holding_Company_

FIRST BANCORP. (Holding Company Only) Financial Information	3 Months Ended
	Mar. 31, 2015
FIRST BANCORP. (Holding Company Only) Financial Information	NOTE 25 – FIRST BANCORP. (HOLDING COMPANY ONLY) FINANCIAL INFORMATION
	The following condensed financial information presents the financial position of the Holding Company only as of March 31, 2015 and December 31, 2014 and the results of its operations for the quarters ended March 31, 2015 and 2014.
	Statements of Financial Condition
		As of March 31,			As of December 31,
		2015		2014
		(In thousands)
	Assets
	Cash and due from banks	$	29,726	$	30,380
	Money market investments		6,111		6,111
	Investment securities available for sale, at market:
	Other investment securities		285		285
	Loans held for investment, net		298		322
	Investment in First Bank Puerto Rico, at equity		1,900,671		1,866,090
	Investment in First Bank Insurance Agency, at equity		13,356		11,890
	Investment in FBP Statutory Trust I		3,093		3,093
	Investment in FBP Statutory Trust II		3,866		3,866
	Other assets		4,617		4,357
	Total assets	$	1,962,023	$	1,926,394
	Liabilities and Stockholders' Equity
	Liabilities:
	Other borrowings	$	231,959	$	231,959
	Accounts payable and other liabilities		24,314		22,692
	Total liabilities		256,273		254,651
	Stockholders' equity		1,705,750		1,671,743
	Total liabilities and stockholders' equity	$	1,962,023	$	1,926,394
	Statements of Income
		Quarter Ended
		March 31,		March 31,
		2015		2014
		(In thousands)
	Income:
	Interest income on money market investments	$	5	$	5
	Other income		56		53
			61		58
	Expense:
	Notes payable and other borrowings		1,817		1,760
	Other operating expenses		604		506
			2,421		2,266
	Loss before income taxes and equity in undistributed
	earnings of subsidiaries		-2,360		-2,208
	Income tax provision		-		-2
	Equity in undistributed earnings of subsidiaries		28,006		19,293
	Net income	$	25,646	$	17,083
	Other comprehensive income, net of tax		7,140		22,539
	Comprehensive income	$	32,786	$	39,622

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2015
SUBSEQUENT EVENTS	NOTE 26 – SUBSEQUENT EVENTS
	As discussed in Note 24, FirstBank received notification from the FDIC that the Consent Order under which the Bank had been operating since June 2, 2010 was terminated effective April 29, 2015. Although the Consent Order has been terminated, First BanCorp. is still subject to the Written Agreement that the Corporation entered into with the Federal Reserve Bank of New York on June 3, 2010.
	The Corporation has performed an evaluation of events occurring subsequent to March 31, 2015; management has determined that there are no additional events occurring in this period, except as previously disclosed, that required disclosure in or adjustment to the accompanying financial statements.

Significant_Accounting_Policie

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Allowance For Loan Losses [PolicyTextBlock]	Utilization of longer historical loss periods to better reflect the level of incurred losses in the portfolio. Historical charge-off rates are calculated by the Corporation on a quarterly basis by tracking cumulative charge-offs experienced over a two-year loss period on loans according to their internal risk rating (referred to as “base rate” for the quarter). Prior to the second quarter 2014 enhancements, the Corporation would use the base rate of the current quarter or the average of the last 4 quarters, if greater. During the second quarter of 2014, the Corporation eliminated the use of the “greater of” approach and began to use the base rate average of the last 8 quarters. This change captures a longer historical period that helps mitigate period to period volatility in the loss rates.
	Enhancements of the environmental factors adjustment. Prior to the second quarter of 2014 enhancements, these adjustments were applied in the form of basis point additions to the loss ratio based on changes in credit and economic indicators observed in the most recent periods. Beginning in the second quarter of 2014, the resulting factor derived from a set of risk-based ratings and weights assigned to credit and economic indicators over a reasonable period is applied to a developed expected range of historical losses, in order to adjust the base rates. These enhancements result in a framework that can be applied more consistently, by having a more granular analysis that better captures trends in economic conditions and the impact on the Corporation's portfolio.

EARNINGS_PER_COMMON_SHARE_Tabl

EARNINGS PER COMMON SHARE (Tables)	3 Months Ended
	Mar. 31, 2015
Schedule of Earning Per Share [Table Text Block]		The calculations of earnings per common share for the quarters ended on March 31, 2015 and 2014 are as follows:
			Quarter Ended
			March 31,		March 31,
			2015		2014
			(In thousands, except per share information)
	Net income		$	25,646	$	17,083
		Cumulative convertible preferred stock dividends (Series G)
	Favorable impact from issuing common stock in exchange for
		Series A through E preferred stock (1)		-		379
	Net income attributable to common stockholders		$	25,646	$	17,462
	Weighted-Average Shares:
		Average common shares outstanding		210,686		205,732
		Average potential dilutive common shares		2,060		1,144
		Average common shares outstanding-assuming dilution		212,746		206,876
	Income per common share:
		Basic	$	0.12	$	0.08
		Diluted	$	0.12	$	0.08
	-1	Excess of carrying amount of the Series A through E preferred stock exchanged over the fair value of new common shares issued in the first quarter of 2014.

BUSINESS_COMBINATION_Tables

BUSINESS COMBINATION (Tables)	3 Months Ended
	Mar. 31, 2015
Business Combination Description [Abstract]
Business Combination [Table Text Block]	The Corporation accounted for this transaction as a business combination. The following table identifies the fair value of assets acquired and liabilities assumed from Doral Bank on February 27, 2015:
		Asset/Liabilities
		(at Fair Value)
		(In thousands)
	ASSETS
	Cash	$	217,659
	Loans		311,410
	Premises and equipment, net		5,450
	Core Deposit Intangible		5,820
	Other assets
	Total assets acquired		540,339
	LIABILITIES
	Deposits		523,517
	Other liabilities		3,379
	Net assets - Bargain purchase gain	$	13,443

STOCKBASED_COMPENSATION_Tables

STOCK-BASED COMPENSATION (Tables)	3 Months Ended
	Mar. 31, 2015
Activity of Stock Options	The activity of stock options granted under the 1997 stock option plan for the quarter ended March 31, 2015 is set forth below:
		Number of Options	Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value (In thousands)
	Beginning of period outstanding
	and exercisable	82,575	$	187.75
	Options expired	-11,395		358.8
	Options cancelled	-1,332		164.1
	End of period outstanding and
	exercisable	69,848	$	160.3	1.3	$	-
Restricted Stock Activity Under Omnibus Plan	The following table summarizes the restricted stock activity in 2015 under the Omnibus Plan for both executive officers covered by the TARP requirements and other employees as well as for the independent directors:
		Quarter Ended
		31-Mar-15
		Number of
		shares of		Weighted-Average
		restricted		Grant Date
		stock		Fair Value
	Non-vested shares at beginning of period	2,327,156	$	3.39
	Granted	821,532		3.92
	Forfeited	-8,500		5.07
	Vested	-63,750		4
	Non-vested shares at March 31, 2015	3,076,438	$	3.51

INVESTMENT_SECURITIES_Tables

INVESTMENT SECURITIES (Tables)	3 Months Ended
	Mar. 31, 2015
Investment Securities Available for Sale			31-Mar-15
			Amortized cost			Noncredit Loss Component of OTTI Recorded in OCI			Gross						Fair value			Weighted average yield%
											Unrealized
											gains			losses
			(Dollars in thousands)
	U.S. Treasury securities:
		Due within one year	$	7,500		$	-		$	-		$	-		$	7,500		0.11
	Obligations of U.S.
	government-sponsored
	agencies:
		After 1 to 5 years		278,054			-			318			1,918			276,454		1.25
		After 5 to 10 years		102,745			-			850			1,037			102,558		1.93
	Puerto Rico government
	obligations:
		After 1 to 5 years		39,836			-			-			16,922			22,914		4.49
		After 5 to 10 years		875			-			-			-			875		5.2
		After 10 years		24,821			-			1			7,148			17,674		5.37
	United States and Puerto
	Rico government
	obligations:			453,831			-			1,169			27,025			427,975		1.9
	Other (1)
	Mortgage-backed securities:
	FHLMC certificates:
		After 1 to 5 years		432			-			46			-			478		4.95
		After 10 years		304,628			-			2,733			560			306,801		2.17
				305,060			-			2,779			560			307,279		2.17
	GNMA certificates:
		Due within one year		17			-			-			-			17		3.52
		After 1 to 5 years		55			-			2			-			57		3.93
		After 5 to 10 years		24,189			-			956			-			25,145		3.62
		After 10 years		316,122			-			21,942			-			338,064		3.85
				340,383			-			22,900			-			363,283		3.83
	FNMA certificates:
		After 1 to 5 years		3,743			-			155			-			3,898		3.37
		After 5 to 10 years		16,924			-			646			31			17,539		2.9
		After 10 years		814,520			-			10,059			2,251			822,328		2.35
				835,187			-			10,860			2,282			843,765		2.37
	Collateralized mortgage
		obligations issued or
		guaranteed by the FHLMC:
	Other mortgage pass-through
	trust certificates:
		Over 5 to 10 years		108			-			-			-			108		7.26
		After 10 years		43,012			11,296			-			-			31,716		2.15
				43,120			11,296			-			-			31,824		2.15
	Total mortgage-backed
	securities			1,523,750			11,296			36,539			2,842			1,546,151		2.65
	Other (1)
		After 1 to 5 years		100			-			-			-			100		1.5
	Total investment securities
		available for sale	$	1,977,681		$	11,296		$	37,708		$	29,867		$	1,974,226		2.48
	-1	Represents investment in a Community Investment Fund.
			31-Dec-14
			Amortized cost			Noncredit Loss Component of OTTI Recorded in OCI			Gross						Fair value			Weighted average yield%
											Unrealized
											gains			losses
			(Dollars in thousands)
	U.S. Treasury securities:
		Due within one year	$	7,498		$	-		$	1		$	-		$	7,499		0.11
	Obligations of U.S.
	government-sponsored
	agencies:
		After 1 to 5 years		260,889			-			42			4,219			256,712		1.22
		After 5 to 10 years		78,234			-			246			2,077			76,403		1.72
Puerto Rico government
obligations:
	After 1 to 5 years		39,827			-			-			12,419			27,408		4.49
	After 5 to 10 years		886			-			1			-			887		5.2
	After 10 years		20,498			-			-			5,571			14,927		5.83
United States and Puerto
Rico government
obligations:			407,832			-			290			24,286			383,836		1.86
Mortgage-backed securities:
FHLMC certificates:
	After 10 years		315,311			-			1,743			1,260			315,794		2.17
GNMA certificates:
	After 1 to 5 years		39			-			1			-			40		3.26
	After 5 to 10 years		17,108			-			501			-			17,609		3.65
	After 10 years		338,842			-			20,957			-			359,799		3.83
			355,989			-			21,459			-			377,448		3.83
FNMA certificates:
	After 1 to 5 years		4,160			-			181			-			4,341		3.4
	After 5 to 10 years		9,584			-			521			5			10,100		3.49
	After 10 years		837,597			-			7,756			4,854			840,499		2.36
			851,341			-			8,458			4,859			854,940		2.37
Collateralized mortgage
	obligations issued or
	guaranteed by the FHLMC:
Other mortgage pass-through
trust certificates:
	Over 5 to 10 years		111			-			1			-			112		7.27
	After 10 years		45,677			12,141			-			-			33,536		2.17
			45,788			12,141			1			-			33,648		2.17
Total mortgage-backed
	securities		1,568,429			12,141			31,661			6,119			1,581,830		2.66
Equity securities (without
Total investment securities
	available for sale	$	1,976,261		$	12,141		$	31,951		$	30,405		$	1,965,666		2.49
Available-for-Sale Investments' Fair Value and Gross Unrealized Losses		As of March 31, 2015
		Less than 12 months						12 months or more						Total
					Unrealized						Unrealized						Unrealized
		Fair Value			Losses			Fair Value			Losses			Fair Value			Losses
			(In thousands)
	Debt securities:
	Puerto Rico government obligations	$	-		$	-		$	36,314		$	24,070		$	36,314		$	24,070
	U.S. government agencies obligations		4,999			-			261,252			2,955			266,251			2,955
	Mortgage-backed securities:
	FNMA		311,339			1,195			99,932			1,087			411,271			2,282
	FHLMC		110,475			352			21,419			208			131,894			560
	Collateralized mortgage
	obligations issued or
	Other mortgage pass-through
	trust certificates		-			-			31,716			11,296			31,716			11,296
	Corporate bonds
		$	426,813		$	1,547		$	450,633		$	39,616		$	877,446		$	41,163
		As of December 31, 2014
		Less than 12 months						12 months or more						Total
					Unrealized						Unrealized						Unrealized
		Fair Value			Losses			Fair Value			Losses			Fair Value			Losses
			(In thousands)
	Debt securities:
	Puerto Rico government obligations	$	-		$	-		$	42,335		$	17,990		$	42,335		$	17,990
	U.S. government agencies obligations		46,436			74			257,996			6,222			304,432			6,296
	Mortgage-backed securities:
	FNMA		2,038			5			541,642			4,854			543,680			4,859
	FHLMC		-			-			135,277			1,260			135,277			1,260
	Collateralized mortgage
	obligations issued or
	Other mortgage pass-through
	trust certificates		-			-			33,536			12,141			33,536			12,141
		$	48,474		$	79		$	1,010,786		$	42,467		$	1,059,260		$	42,546
OTTI Losses on Available-for-Sale Debt Securities		Private Label MBS
		Quarter ended March 31,
		2015			2014
	(In thousands)
	Total other-than-temporary impairment losses	$	-		$	-
	Credit loss on debt securities for which an OTTI was not previously recognized
	Portion of other-than-temporary impairment losses
	previously recognized in OCI		-156			-
	Net impairment losses recognized in earnings	$	-156		$	-
Roll-Forward of Credit Losses on Debt Securities Held by Corporation	The following table summarizes the roll-forward of credit losses on debt securities held by the Corporation for which a portion of an OTTI is recognized in OCI:
			Quarter ended March 31,
			2015			2014
	(In thousands)
	Credit losses at the beginning of the period		$	5,777		$	5,389
	Additions:
	Credit losses on debt securities for which an
	OTTI was previously recognized			156			-
	Ending balance of credit losses on debt securities held for
	which a portion of an OTTI was recognized in OCI		$	5,933		$	5,389
Significant Assumptions in Valuation of Private Label MBS		31-Mar-15				31-Dec-14
		Weighted				Weighted
		Average		Range		Average		Range
	Discount rate	14.50%		14.50%		14.50%		14.50%
	Prepayment rate	32%		18.04%-100.00%		32%		19.89%-100.00%
	Projected Cumulative Loss Rate	7.30%		0.00%-80.00%		7.90%		0.64%-80.00%

LOAN_PORTFOLIO_Tables

LOAN PORTFOLIO (Tables)	3 Months Ended																								12 Months Ended
	Mar. 31, 2015																								Dec. 31, 2013
Loan Portfolio Held for Investment			March 31,			December 31,
				2015			2014
	(In thousands)
	Residential mortgage loans, mainly secured by first mortgages		$	3,331,620		$	3,011,187
	Commercial loans:
	Construction loans			124,440			123,480
	Commercial mortgage loans			1,649,263			1,665,787
	Commercial and Industrial loans (1)			2,442,867			2,479,437
	Loans to local financial institution collateralized by
	Total Commercial loans			4,216,570			4,268,704
	Finance leases			230,183			232,126
	Consumer loans			1,706,999			1,750,419
	Loans held for investment			9,485,372			9,262,436
	Allowance for loan and lease losses			-226,064			-222,395
	Loans held for investment, net		$	9,259,308		$	9,040,041
	__________
	-1	As of March 31, 2015 and December 31, 2014, includes $1.1 billion of commercial loans that are secured by real estate but are not dependent upon the real estate for repayment.
Loans Held for Investment on Which Accrual of Interest Income had been Discontinued	Loans held for investment on which accrual of interest income had been discontinued as of the indicated dates were as follows:
	(In thousands)		March 31,			December 31,
			2015			2014
	Non-performing loans:
	Residential mortgage		$	172,583		$	180,707
	Commercial mortgage			142,385			148,473
	Commercial and Industrial			186,500			122,547
	Construction:
	Land			14,091			15,030
	Construction-residential			13,072			14,324
	Consumer:
	Auto loans			19,043			22,276
	Finance leases			2,979			5,245
	Other consumer loans			12,891			15,294
	Total non-performing loans held for investment (1)(2)(3)		$	563,544		$	523,896
	_______________
	-1	As of March 31, 2015 and December 31, 2014, excludes $54.6 million of non-performing loans held for sale.
	-2	Amount excludes purchased-credit impaired ("PCI") loans with a carrying value of approximately $181.1 million and $102.6 million as of March 31, 2015 and December 31, 2014, respectively, primarily mortgage loans acquired from Doral Bank in the first quarter of 2015 and second quarter of 2014, as further discussed below. These loans are not considered non-performing due to the application of the accretion method, under which these loans will accrete interest income over the remaining life of the loans using an estimated cash flow analysis.
	-3	Non-performing loans exclude $434.2 million and $494.6 million of Troubled Debt Restructuring ("TDR") loans that are in compliance with the modified terms and in accrual status as of March 31, 2015 and December 31, 2014, respectively.
Corporation's Aging of Loans Held for Investment Portfolio	The Corporation’s aging of the loans held for investment portfolio is as follows:
	As of March 31, 2015
	(In thousands)		30-59 Days Past Due			60-89 Days Past Due			90 days or more Past Due (1)			Total Past Due			Purchased Credit-Impaired Loans			Current			Total loans held for investment		90 days past due and still accruing (2)
	Residential mortgage:
	FHA/VA and other government-guaranteed
	loans (2)(3)(4)		$	-		$	8,200		$	96,086		$	104,286		$	-		$	51,376		$	155,662	$	96,086
	Other residential mortgage loans (4)			-			88,209			191,014			279,223			177,601			2,719,134			3,175,958		18,431
	Commercial:
	Commercial and Industrial loans			22,933			3,193			207,063			233,189			-			2,209,678			2,442,867		20,563
	Commercial mortgage loans (4)			-			1,564			165,778			167,342			3,279			1,478,642			1,649,263		23,393
	Construction:
	Land (4)			-			383			14,291			14,674			-			39,516			54,190		200
	Construction-commercial			-			-			-			-			-			27,456			27,456		-
	Construction-residential (4)			-			-			13,072			13,072			-			29,722			42,794		-
	Consumer:
	Auto loans			76,721			18,548			19,043			114,312			-			914,058			1,028,370		-
	Finance leases			10,975			2,893			2,979			16,847			-			213,336			230,183		-
	Other consumer loans			10,355			5,464			16,339			32,158			234			646,237			678,629		3,448
	Total loans held for investment		$	120,984		$	128,454		$	725,665		$	975,103		$	181,114		$	8,329,155		$	9,485,372	$	162,121
	_____________
	-1	Includes non-performing loans and accruing loans which are contractually delinquent 90 days or more (i.e., FHA/VA guaranteed loans and credit cards). Credit card loans continue to accrue finance charges fees until charged-off at 180 days.
	-2	It is the Corporation's policy to report delinquent residential mortgage loans insured by the FHA or guaranteed by the VA as past-due loans 90 days and still accruing as opposed to non-performing loans since the principal repayment is insured. These balances include $30.1 million of residential mortgage loans insured by the FHA or guaranteed by the VA, which are over 18 months delinquent, and are no longer accruing interest as of March 31, 2015.
	-3	As of March 31, 2015, includes $26.2 million of defaulted loans collateralizing Government National Mortgage Association ("GNMA") securities for which the Corporation has an unconditional option (but not an obligation) to repurchase the defaulted loans.
	-4	According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C) required by the Federal Reserve Board, residential mortgage, commercial mortgage, and construction loans are considered past due when the borrower is in arrears two or more monthly payments. FHA/VA government guaranteed loans, other residential mortgage loans, commercial mortgage loans, land loans and construction-residential loans past due 30-59 days as of March 31, 2015 amounted to $12.2 million, $177.4 million, $38.4 million, $6.1 million, and $1.6 million, respectively.
	As of December 31, 2014
	(In thousands)		30-59 Days Past Due			60-89 Days Past Due			90 days or more Past Due (1)			Total Past Due			Purchased Credit- Impaired Loans			Current			Total loans held for investment		90 days past due and still accruing (2)
	Residential mortgage:
	FHA/VA and other government-guaranteed
	loans (2)(3)(4)		$	-		$	9,733		$	81,055		$	90,788		$	-		$	62,782		$	153,570	$	81,055
	Other residential mortgage loans (4)			-			78,336			199,078			277,414			98,494			2,481,709			2,857,617		18,371
	Commercial:
	Commercial and Industrial loans			22,217			7,445			143,928			173,590			-			2,305,847			2,479,437		21,381
	Commercial mortgage loans (4)			-			15,482			171,281			186,763			3,393			1,475,631			1,665,787		22,808
	Construction:
	Land (4)			-			210			15,264			15,474			-			40,447			55,921		234
	Construction-commercial (4)			-			-			-			-			-			24,562			24,562		-
	Construction-residential (4)			-			-			14,324			14,324			-			28,673			42,997		-
	Consumer:
	Auto loans			77,385			19,665			22,276			119,326			-			941,456			1,060,782		-
	Finance leases			8,751			2,734			5,245			16,730			-			215,396			232,126		-
	Other consumer loans			9,801			6,054			18,671			34,526			717			654,394			689,637		3,377
	Total loans held for investment		$	118,154		$	139,659		$	671,122		$	928,935		$	102,604		$	8,230,897		$	9,262,436	$	147,226
	____________
	-1	Includes non-performing loans and accruing loans which are contractually delinquent 90 days or more (i.e. FHA/VA guaranteed loans and credit cards). Credit card loans continue to accrue finance charges and fees until charged-off at 180 days.
	-2	It is the Corporation's policy to report delinquent residential mortgage loans insured by the FHA or guaranteed by the VA as past-due loans 90 days and still accruing as opposed to non-performing loans since the principal repayment is insured. These balances include $40.4 million of residential mortgage loans insured by the FHA or guaranteed by the VA, which are over 18 months delinquent, and are no longer accruing interest as of December 31, 2014.
	-3	As of December 31, 2014, includes $9.3 million of defaulted loans collateralizing GNMA securities for which the Corporation has an unconditional option (but not an obligation) to repurchase the defaulted loans.
	-4	According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C) required by the Federal Reserve Board, residential mortgage, commercial mortgage, and construction loans are considered past due when the borrower is in arrears two or more monthly payments. FHA/VA government guaranteed loans, other residential mortgage loans, commercial mortgage loans, land loans and construction-residential loans past due 30-59 days as of December 31, 2014 amounted to $14.0 million, $189.1 million, $20.8 million, $0.8 million and $1.0 million , respectively.
Corporation's Credit Quality Indicators by Loan	The Corporation’s credit quality indicators by loan type as of March 31, 2015 and December 31, 2014 are summarized below:
			Commercial Credit Exposure-Credit Risk Profile Based on Creditworthiness Category:
			Substandard			Doubtful			Loss			Total Adversely Classified (1)			Total Portfolio
	31-Mar-15
	(In thousands)
	Commercial mortgage		$	227,195		$	-		$	-		$	227,195		$	1,649,263
	Construction:
	Land			15,930			-			-			15,930			54,190
	Construction-commercial			11,790			-			-			11,790			27,456
	Construction-residential			12,265			808			-			13,073			42,794
	Commercial and Industrial			229,112			6,293			789			236,194			2,442,867
			Commercial Credit Exposure-Credit Risk Profile Based on Creditworthiness Category:
			Substandard			Doubtful			Loss			Total Adversely Classified (1)			Total Portfolio
	31-Dec-14
	(In thousands)
	Commercial mortgage		$	273,027		$	897		$	-		$	273,924		$	1,665,787
	Construction:
	Land			16,915			-			-			16,915			55,921
	Construction-commercial			11,790			-			-			11,790			24,562
	Construction-residential			13,548			776			-			14,324			42,997
	Commercial and Industrial			234,926			4,884			801			240,611			2,479,437
	_________
	-1	Excludes $54.6 million ($7.8 million land, $39.1 million construction-commercial, $0.9 million construction-residential, and $ 6.8 million commercial mortgage) as of March 31, 2015 and December 31, 2014, of non-performing loans held for sale.
	31-Mar-15		Consumer Credit Exposure-Credit Risk Profile Based on Payment Activity
			Residential Real-Estate						Consumer
			FHA/VA/ Guaranteed (1)			Other residential loans			Auto			Finance Leases			Other Consumer
	(In thousands)
	Performing		$	155,662		$	2,825,774		$	1,009,327		$	227,204		$	665,504
	Purchased Credit-Impaired (2)			-			177,601			-			-			234
	Non-performing			-			172,583			19,043			2,979			12,891
	Total		$	155,662		$	3,175,958		$	1,028,370		$	230,183		$	678,629
	-1	It is the Corporation's policy to report delinquent residential mortgage loans insured by the FHA or guaranteed by the VA as past due loans 90 days and still accruing as opposed to non-performing loans since the principal repayment is insured. These balances include $30.1 million of residential mortgage loans insured by the FHA or guaranteed by the VA, which are over 18 months delinquent, and are no longer accruing interest as of March 31, 2015.
	-2	PCI loans are excluded from non-performing statistics due to the application of the accretion method, under which these loan will accrete interest income over the remaining life of the loans using estimated cash flow analysis.
	31-Dec-14		Consumer Credit Exposure-Credit Risk Profile Based on Payment Activity
				Residential Real-Estate					Consumer
			FHA/VA/ Guaranteed (1)			Other residential loans			Auto			Finance Leases			Other Consumer
	(In thousands)
	Performing		$	153,570		$	2,578,416		$	1,038,506		$	226,881		$	673,626
	Purchased Credit-Impaired (2)			-			98,494			-			-			717
	Non-performing			-			180,707			22,276			5,245			15,294
	Total		$	153,570		$	2,857,617		$	1,060,782		$	232,126		$	689,637
	-1	It is the Corporation's policy to report delinquent residential mortgage loans insured by the FHA or guaranteed by the VA as past due loans 90 days and still accruing as opposed to non-performing loans since the principal repayment is insured. These balances include $40.4 million of residential mortgage loans insured by the FHA or guaranteed by the VA, which are over 18 months delinquent, and are no longer accruing interest as of December 31, 2014.
	-2	PCI loans are excluded from non-performing statistics due to the application of the accretion method, under which these loan will accrete interest income over the remaining life of the loans using estimated cash flow analysis.
Impaired Loans	The following tables present information about impaired loans, excluding purchased credit-impaired loans, which are reported separately as discussed below:
	Impaired Loans
	(In thousands)
		Recorded Investment			Unpaid Principal Balance			Related Specific Allowance			Average Recorded Investment			Interest Income Recognized On Accrual Basis			Interest Income Recognized On Cash Basis
	As of March 31, 2015
	With no related allowance recorded:
	FHA/VA-Guaranteed loans	$	-		$	-		$	-		$	-		$	-		$	-
	Other residential mortgage loans		62,337			68,263			-			63,040			199			79
	Commercial:
	Commercial mortgage loans		100,797			120,956			-			101,196			406			425
	Commercial and Industrial Loans		32,080			36,975			-			33,802			18			200
	Construction:
	Land		1,473			4,726			-			1,473			-			-
	Construction-commercial		-			-			-			-			-			-
	Construction-residential		6,762			9,346			-			6,943			41			-
	Consumer:
	Auto loans		562			562			-			562			10			-
	Finance leases		-			-			-			-			-			-
	Other consumer loans		3,229			4,634			-			3,268			10			26
		$	207,240		$	245,462		$	-		$	210,284		$	684		$	730
	With an allowance recorded:
	FHA/VA-Guaranteed loans	$	-		$	-		$	-		$	-		$	-		$	-
	Other residential mortgage loans		367,189			416,579			14,862			368,999			4,224			414
	Commercial:
	Commercial mortgage loans		123,568			143,090			13,238			124,701			475			279
	Commercial and Industrial Loans		194,576			227,417			24,871			196,896			1,950			43
	Construction:
	Land		9,355			13,181			1,220			9,413			15			9
	Construction-commercial		11,790			11,790			1,145			11,790			128			-
	Construction-residential		8,213			8,917			1,016			8,202			3			-
	Consumer:
	Auto loans		16,986			16,986			3,058			17,472			328			-
	Finance leases		2,053			2,053			186			2,137			48			-
	Other consumer loans		14,011			14,259			2,544			14,266			382			3
		$	747,741		$	854,272		$	62,140		$	753,876		$	7,553		$	748
	Total:
	FHA/VA-Guaranteed loans	$	-		$	-		$	-		$	-		$	-		$	-
	Other residential mortgage loans		429,526			484,842			14,862			432,039			4,423			493
	Commercial:
	Commercial mortgage loans		224,365			264,046			13,238			225,897			881			704
	Commercial and Industrial Loans		226,656			264,392			24,871			230,698			1,968			243
	Construction:
	Land		10,828			17,907			1,220			10,886			15			9
	Construction-commercial		11,790			11,790			1,145			11,790			128			-
	Construction-residential		14,975			18,263			1,016			15,145			44			-
	Consumer:
	Auto loans		17,548			17,548			3,058			18,034			338			-
	Finance leases		2,053			2,053			186			2,137			48			-
	Other consumer loans		17,240			18,893			2,544			17,534			392			29
		$	954,981		$	1,099,734		$	62,140		$	964,160		$	8,237		$	1,478
	Impaired Loans
	(In thousands)
		Recorded Investment			Unpaid Principal Balance			Related Specific Allowance			Average Recorded Investment
	As of December 31, 2014
	With no related allowance recorded:
	FHA/VA-Guaranteed loans	$	-		$	-		$	-		$	-
	Other residential mortgage loans		74,177			80,522			-			75,711
	Commercial:
	Commercial mortgage loans		109,271			132,170			-			113,674
	Commercial and Industrial Loans		41,131			47,647			-			42,011
	Construction:
	Land		2,994			6,357			-			3,030
	Construction-commercial		-			-			-			-
	Construction-residential		7,461			10,100			-			8,123
Consumer:
Auto loans		-			-			-			-
Finance leases		-			-			-			-
Other consumer loans		3,778			5,072			-			3,924
	$	238,812		$	281,868		$	-		$	246,473
With an allowance recorded:
FHA/VA-Guaranteed loans	$	-		$	-		$	-		$	-
Other residential mortgage loans		350,067			396,203			10,854			357,129
Commercial:
Commercial mortgage loans		101,467			116,329			14,289			104,191
Commercial and Industrial Loans		195,240			226,431			21,314			198,930
Construction:
Land		9,120			12,821			794			10,734
Construction-commercial		11,790			11,790			790			11,867
Construction-residential		8,102			8,834			993			8,130
Consumer:
Auto loans		16,991			16,991			2,787			18,504
Finance leases		2,181			2,181			253			2,367
Other consumer loans		11,637			12,136			3,131			12,291
	$	706,595		$	803,716		$	55,205		$	724,143
Total:
FHA/VA-Guaranteed loans	$	-		$	-		$	-		$	-
Other residential mortgage loans		424,244			476,725			10,854			432,840
Commercial:
Commercial mortgage loans		210,738			248,499			14,289			217,865
Commercial and Industrial Loans		236,371			274,078			21,314			240,941
Construction:
Land		12,114			19,178			794			13,764
Construction-commercial		11,790			11,790			790			11,867
Construction-residential		15,563			18,934			993			16,253
Consumer:
Auto loans		16,991			16,991			2,787			18,504
Finance leases		2,181			2,181			253			2,367
Other consumer loans		15,415			17,208			3,131			16,215
	$	945,407		$	1,085,584		$	55,205		$	970,616
Interest income of approximately $7.6 million ($5.9 million accrual basis and $1.7 million cash basis) was recognized on impaired loans for the first quarter of 2014.
Activity for Impaired loans	The following table shows the activity for impaired loans and the related specific reserve during the first quarter of 2015 and 2014:
		Quarter ended
		31-Mar-15			31-Mar-14
	Impaired Loans:	(In thousands)
	Balance at beginning of period	$	945,407		$	919,112
	Loans determined impaired during the period		62,933			54,277
	Charge-offs		-11,715			-32,039
	Loans sold, net of charge-offs		-1,137			-
	Increases to impaired loans- additional disbursements		519			625
	Foreclosures		-9,952			-4,006
	Loans no longer considered impaired		-9,898			-3,728
	Paid in full or partial payments		-21,176			-54,853
	Balance at end of period	$	954,981		$	879,388
Activity for Specific Reserve
		Quarter ended
		31-Mar-15			31-Mar-14
	Specific Reserve:	(In thousands)
	Balance at beginning of period	$	55,205		$	102,601
	Provision for loan losses		18,650			14,454
	Charge-offs		-11,715			-32,039
	Balance at end of period	$	62,140		$	85,016
Contractually Required Principal and Interest Cash Flows Expected to be Collected and Fair Value at Acquisition Related to Loans Acquired	The following table presents acquired loans from Doral Bank in the first quarter of 2015 accounted for pursuant to ASC 310-30 as of the acquisition date:
				(In thousands)
	Contractually- required principal and interest			$	166,947
	Less: Nonaccretable difference				-48,739
	Cash flows expected to be collected				118,208
	Less: Accretable yield				-38,319
	Fair value of loans acquired in 2015 (1)			$	79,889
	-1	Amounts are preliminary estimates based on the best information available at the acquisition date and adjustments in future quarters may occur up to one year from the date of acquisition.
Carrying Value of Acquired Loans	The carrying amount of PCI loans follows:
				March 31,			December 31,
				2015			2014
			(In thousands)
	Residential mortgage loans		$	177,601		$	98,494
	Commercial mortgage loans			3,279			3,393
	Credit Cards			234			717
			$	181,114		$	102,604
Accretable Yield	Changes in the accretable yield of PCI loans for the quarters ended March 31, 2015 and 2014 were as follows:
			31-Mar-15			31-Mar-14
			(In thousands)
	Balance at beginning of period		$	82,460		$	-
	Additions (accretable yield at acquisition
	of loans from Doral Bank)			38,319			-
	Accretion recognized in earnings			-2,277			-
	Balance at end of period		$	118,502		$	-
Selected Information on TDRs Includes Recorded Investment by Loan Class and Modification Type	Selected information on TDRs that includes the recorded investment by loan class and modification type is summarized in the following tables. This information reflects all TDRs:
			31-Mar-15
	(In thousands)		Interest rate below market			Maturity or term extension			Combination of reduction in interest rate and extension of maturity			Forgiveness of principal and/or interest				Other (1)			Total
	Troubled Debt Restructurings:
	Non- FHA/VA Residential Mortgage loans		$	26,039		$	5,206		$	281,824		$	-			$	41,025		$	354,094
	Commercial Mortgage Loans			26,952			12,685			73,956			-				23,187			136,780
	Commercial and Industrial Loans			4,431			78,171			30,830			3,057				50,247			166,736
	Construction Loans:
	Land			-			201			1,680			-				596			2,477
	Construction-residential			6,154			378			3,095			-				433			10,060
	Consumer Loans - Auto			-			324			10,736			-				6,487			17,547
	Finance Leases			-			285			1,768			-				-			2,053
	Consumer Loans - Other			37			317			12,774			379				1,869			15,376
	Total Troubled Debt Restructurings (2)		$	63,613		$	97,567		$	416,663		$	3,436			$	123,844		$	705,123
	-1	Other concessions granted by the Corporation include deferral of principal and/or interest payments for a period longer than what would be considered insignificant, payment plans under judicial stipulation, or a combination of the concessions listed in the table.
	-2	Excludes TDRs held for sale amounting to $45.7 million as of March 31, 2015.
	Selected information on TDRs that includes the recorded investment by loan class and modification type is summarized in the following tables. This information reflects all TDRs:
			31-Dec-14
	(In thousands)		Interest rate below market			Maturity or term extension			Combination of reduction in interest rate and extension of maturity			Forgiveness of principal and/or interest				Other (1)			Total
	Troubled Debt Restructurings:
	Non- FHA/VA Residential Mortgage loans		$	24,850		$	5,859		$	283,317		$	-			$	35,749		$	349,775
	Commercial Mortgage Loans			29,881			12,737			72,493			-				12,655			127,766
	Commercial and Industrial Loans			7,533			80,642			31,553			3,074				49,124			171,926
	Construction Loans:
	Land			-			202			1,732			-				536			2,470
	Construction-residential			6,154			337			3,112			-				434			10,037
	Consumer Loans - Auto			-			380			10,363			-				6,248			16,991
	Finance Leases			-			376			1,805			-				-			2,181
	Consumer Loans - Other			37			129			10,812			443				1,886			13,307
	Total Troubled Debt Restructurings (2)		$	68,455		$	100,662		$	415,187		$	3,517			$	106,632		$	694,453
	-1	Other concessions granted by the Corporation include deferral of principal and/or interest payments for a period longer than what would be considered insignificant, payment plans under judicial stipulation or a combination of the concessions listed in the table.
	-2	Excludes TDRs held for sale amounting to $45.7 million as of December 31, 2014.
Corporation's TDR Activity	The following table presents the Corporation's TDR activity																								630,258
	(In thousands)	Quarter Ended
		31-Mar-15			31-Mar-14
	Beginning Balance of TDRs	$	694,453		$	630,258
	New TDRs		31,601			19,935
	Increases to existing TDRs - additional disbursements		335			27
	Charge-offs post modification		-3,781			-7,982
	Foreclosures		-7,156			-1,074
	Paid-off, partial payments, and other		-10,329			-18,844
	Ending balance of TDRs	$	705,123		$	622,320
Breakdown Between Accrual and Nonaccrual Status of TDRs	The following table provides a breakdown between the accrual and nonaccrual status of TDRs:
	(In thousands)		31-Mar-15
			Accrual			Nonaccrual (1)(2)			Total TDRs
	Non-FHA/VA Residential Mortgage loans		$	273,890		$	80,204		$	354,094
	Commercial Mortgage Loans			75,541			61,239			136,780
	Commercial and Industrial Loans			55,394			111,342			166,736
	Construction Loans:
	Land			779			1,698			2,477
	Construction-residential			3,472			6,588			10,060
	Consumer Loans - Auto			11,011			6,536			17,547
	Finance Leases			1,875			178			2,053
	Consumer Loans - Other			12,237			3,139			15,376
	Total Troubled Debt Restructurings		$	434,199		$	270,924		$	705,123
	-1	Included in non-accrual loans are $121.9 million in loans that are performing under the terms of a restructuring agreement but are reported in non-accrual status until the restructured loans meet the criteria of sustained payment performance under the revised terms for reinstatement to accrual status and there is no doubt about full collectability.
	-2	Excludes non-accrual TDRs held for sale with a carrying value of $45.7 million as of March 31, 2015.
	(In thousands)		31-Dec-14
			Accrual			Nonaccrual (1)(2)			Total TDRs
	Non-FHA/VA Residential Mortgage loans		$	266,810		$	82,965		$	349,775
	Commercial Mortgage Loans			69,374			58,392			127,766
	Commercial and Industrial Loans			131,544			40,382			171,926
	Construction Loans:
	Land			834			1,636			2,470
	Construction-residential			3,448			6,589			10,037
	Consumer Loans - Auto			10,558			6,433			16,991
	Finance Leases			1,926			255			2,181
	Consumer Loans - Other			10,146			3,161			13,307
	Total Troubled Debt Restructurings		$	494,640		$	199,813		$	694,453
	-1	Included in non-accrual loans are $52.8 million in loans that are performing under the terms of a restructuring agreement but are reported in non-accrual status until the restructured loans meet the criteria of sustained payment performance under the revised terms for reinstatement to accrual status and there is no doubt about full collectability.
	-2	Excludes non-accrual TDRs held for sale with a carrying value of $45.7 million as of December 31, 2014.
Schedule Of Troubled Debt Restructurings Table [Text Block]	Loans modifications that are considered TDRs and were completed during the first quarter of 2015 and 2014 were as follows:
	(Dollars in thousands)	Quarter ended March 31, 2015
		Number of contracts		Pre-modification Outstanding Recorded Investment			Post-Modification Outstanding Recorded Investment
	Troubled Debt Restructurings:
	Non-FHA/VA Residential Mortgage loans	81		$	11,495		$	11,265
	Commercial Mortgage Loans	8			12,821			12,931
	Commercial and Industrial Loans	1			1,681			1,681
	Construction Loans:
	Land	1			64			64
	Consumer Loans - Auto	146			2,173			2,130
	Finance Leases	8			233			184
	Consumer Loans - Other	377			3,391			3,346
	Total Troubled Debt Restructurings	622		$	31,858		$	31,601
	(Dollars in thousands)	Quarter ended March 31, 2014
		Number of contracts		Pre-modification Outstanding Recorded Investment			Post-Modification Outstanding Recorded Investment
	Troubled Debt Restructurings:
	Non-FHA/VA Residential Mortgage loans	47		$	7,709		$	7,711
	Commercial Mortgage Loans	3			834			837
	Commercial and Industrial Loans	5			7,964			7,630
	Construction Loans:
	Consumer Loans - Auto	117			1,605			1,605
	Finance Leases	10			193			193
	Consumer Loans - Other	429			1,959			1,959
	Total Troubled Debt Restructurings	611		$	20,264		$	19,935
Loan Modifications Considered Troubled Debt Restructurings Defaulted	Loan modifications considered TDRs that defaulted during the quarters ended March 31, 2015 and March 31, 2014 and had become TDRs during the 12-month period preceding the default date, were as follows:
		Quarter ended March 31,
	(Dollars in thousands)	2015					2014
		Number of contracts		Recorded Investment			Number of contracts		Recorded Investment
	Non-FHA/VA Residential Mortgage loans	12		$	1,773		14		$	2,552
	Commercial and Industrial Loans	4			5,745		-			-
	Construction Loans:
	Consumer Loans - Auto	2			8		4			39
	Consumer Loans - Other	53			229		45			176
	Finance Leases	1			15		-			-
	Total	72		$	7,770		63		$	2,767
Loan Restructuring and Effect on Allowance for Loan and Lease Losses
	(In thousands)	31-Mar-15				31-Mar-14
	Principal balance deemed collectible at end of period	$	42,907		$	78,833
	Amount charged off	$	-		$	-
	(Reductions) charges to the provision for loan losses	$	-24		$	-15
	Allowance for loan losses at end of period	$	707		$	1,547
Past Due Purchased Credit Impaired Table [Text Block]		The following tables present PCI loans by past due status as of March 31, 2015 and December 31, 2014:
	As of March 31, 2015		30-59 Days			60-89 Days			90 days or more			Total Past Due						Total PCI loans
																					Current
			(In thousands)
	Residential mortgage loans (1)		$	-		$	13,572		$	15,775		$	29,347		$	148,254		$	177,601
	Commercial mortgage loans (1)			-			130			653			783			2,496			3,279
	Credit Cards			22			-			22			44			190			234
			$	22		$	13,702		$	16,450		$	30,174		$	150,940		$	181,114
	_____________
	-1	According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C) required by the Federal Reserve Board, residential mortgage and commercial mortgage loans are considered past due when the borrower is in arrears two or more monthly payments. PCI residential mortgage loans and commercial mortgage loans past due 30-59 days as of March 31, 2015 amounted to $32.0 million and $0.3 million, respectively.
	As of December 31, 2014		30-59 Days			60-89 Days			90 days or more			Total Past Due						Total PCI loans
																					Current
			(In thousands)
	Residential mortgage loans (1)		$	-		$	12,571		$	15,176		$	27,747		$	70,747		$	98,494
	Commercial mortgage loans (1)			-			356			443			799			2,594			3,393
	Credit Cards			47			25			42			114			603			717
			$	47		$	12,952		$	15,661		$	28,660		$	73,944		$	102,604
	_____________
	-1	According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C) required by the Federal Reserve Board, residential mortgage and commercial mortgage loans are considered past due when the borrower is in arrears two or more monthly payments. PCI residential mortgage loans and commercial mortgage loans past due 30-59 days as of December 31, 2014 amounted to $16.6 million and $0.8 million, respectively.
Changes In Carrying Amount Of Purchased Credit Impaired Loans Table [Text Block]	Changes in the carrying amount of loans accounted for pursuant to ASC 310-30 follows:
				Quarter ended
				31-Mar-15
				(In thousands)
	Balance at beginning of period			$	102,604
	Additions				79,889
	Accretion				2,277
	Collections				-3,656
	Ending balance			$	181,114

ALLOWANCE_FOR_LOAN_AND_LEASE_L1

ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)	3 Months Ended
	Mar. 31, 2015
Changes in Allowance for Loan and Lease Losses	The changes in the allowance for loan and lease losses were as follows:
	(In thousands)	Residential Mortgage Loans		Commercial Mortgage Loans		Commercial & Industrial Loans		Construction Loans		Consumer Loans		Total
	Quarter ended March 31, 2015
	Allowance for loan and lease losses:
	Beginning balance	$	27,301	$	50,894	$	63,721	$	12,822	$	67,657	$	222,395
	Charge-offs		-5,192		-4,006		-4,453		-605		-17,757		-32,013
	Recoveries		98		276		558		207		1,573		2,712
	Provision		6,475		-2,137		10,353		1,215		17,064		32,970
	Ending balance	$	28,682	$	45,027	$	70,179	$	13,639	$	68,537	$	226,064
	Ending balance: specific reserve for
	impaired loans	$	14,862	$	13,238	$	24,871	$	3,381	$	5,788	$	62,140
	Ending balance: purchased credit-impaired loans	$	-	$	-	$	-	$	-	$	-	$	-
	Ending balance: general allowance	$	13,820	$	31,789	$	45,308	$	10,258	$	62,749	$	163,924
	Loans held for investment:
	Ending balance	$	3,331,620	$	1,649,263	$	2,442,867	$	124,440	$	1,937,182	$	9,485,372
	Ending balance: impaired loans	$	429,526	$	224,365	$	226,656	$	37,593	$	36,841	$	954,981
	Ending balance: purchased credit-
	impaired loans	$	177,601	$	3,279	$	-	$	-	$	234	$	181,114
	Ending balance: loans with general allowance	$	2,724,493	$	1,421,619	$	2,216,211	$	86,847	$	1,900,107	$	8,349,277
	(In thousands)	Residential Mortgage Loans		Commercial Mortgage Loans		Commercial & Industrial Loans		Construction Loans		Consumer Loans		Total
	Quarter ended March 31, 2014
	Allowance for loan and lease losses:
	Beginning balance	$	33,110	$	73,138	$	85,295	$	35,814	$	58,501	$	285,858
	Charge-offs		-6,422		-5,810		-22,459		-970		-18,046		-53,707
	Recoveries		69		35		663		617		1,328		2,712
	Provision		3,751		-851		16,091		-8,050		20,974		31,915
	Ending balance	$	30,508	$	66,512	$	79,590	$	27,411	$	62,757	$	266,778
	Ending balance: specific reserve for
	impaired loans	$	17,273	$	29,833	$	19,098	$	15,154	$	3,658	$	85,016
	Ending balance: purchased credit-impaired loans	$	-	$	-	$	-	$	-	$	-	$	-
	Ending balance: general allowance	$	13,235	$	36,679	$	60,492	$	12,257	$	59,099	$	181,762
	Loans held for investment:
	Ending balance	$	2,548,101	$	1,846,016	$	2,947,837	$	152,579	$	2,072,252	$	9,566,785
	Ending balance: impaired loans	$	419,308	$	219,860	$	151,653	$	58,636	$	29,931	$	879,388
	Ending balance: purchased credit-
	impaired loans	$	-	$	-	$	-	$	-	$	3,383	$	3,383
	Ending balance: loans with general allowance	$	2,128,793	$	1,626,156	$	2,796,184	$	93,943	$	2,038,938	$	8,684,014

LOANS_HELD_FOR_SALE_Tables

LOANS HELD FOR SALE (Tables)	3 Months Ended
	Mar. 31, 2015
Portfolio of Loans Held for Sale
			As of		As of
		31-Mar-15		31-Dec-14
		(In thousands)
	Residential mortgage loans	$	27,135	$	22,315
	Construction loans		47,802		47,802
	Commercial mortgage loans		6,786		6,839
	Total	$	81,723	$	76,956

OTHER_REAL_ESTATE_OWNED_Tables

OTHER REAL ESTATE OWNED (Tables)	3 Months Ended
	Mar. 31, 2015
Text Block [Abstract]
Schedule Of Other Real Estate Assets And Foreclosed Properties [Table Text Block]	The following table presents OREO inventory as of the dates indicated:
			Quarter Ended
			March 31,			December 31,
			2015		2014
				(Dollars in thousands)
	OREO
	OREO balances, carrying value:
	FHA/VA-Guaranteed (1)		$	6,867	$	7,059
	Other residential			26,031		22,520
	Commercial			72,473		75,654
	Construction			17,257		18,770
	Total		$	122,628	$	124,003
	-1	As of March 31, 2015, exclude $0.2 million of foreclosures completed in 2015 that meet the conditions of ASC 310-40 and are presented as a receivable (other assets) in the statement of financial condition.

DERIVATIVE_INSTRUMENTS_AND_HED1

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)	3 Months Ended
	Mar. 31, 2015
Notional Amounts of All Derivative Instruments	The following table summarizes the notional amounts of all derivative instruments:
		Notional Amounts
		As of			As of
		March 31,			December 31,
		2015			2014
	Undesignated economic hedges:	(In thousands)
	Interest rate contracts:
	Interest rate swap agreements	$	5,440		$	5,440
	Written interest rate cap agreements		36,809			37,132
	Purchased interest rate cap agreements		36,809			37,132
	Forward Contracts:
	Sale of TBA GNMA MBS pools		32,000			19,000
		$	111,058		$	98,704
	Notional amounts are presented on a gross basis with no netting of offseting exposure positions.
Summary of Fair Value of Derivative Instruments and Location in Statement of Financial Condition	The following table summarizes the fair value of derivative instruments as of the indicated dates and the location in the statement of financial condition:
		Asset Derivatives							Liability Derivatives
		Statement of		March 31,			December 31,			March 31,		December 31,
		Financial		2015			2014			2015		2014
		Condition Location		Fair Value			Fair Value		Statement of Financial Condition Location	Fair Value		Fair Value
		(In thousands)
	Undesignated economic hedges:
	Interest rate contracts:
	Interest rate swap agreements	Other assets		$	-		$	33	Accounts payable and other liabilities	$	-	$	33
	Written interest rate cap agreements	Other assets			-			-	Accounts payable and other liabilities		1		6
	Purchased interest rate cap agreements	Other assets			1			6	Accounts payable and other liabilities		-		-
	Forward Contracts:
	Sales of TBA GNMA MBS pools	Other assets			-			-	Accounts payable and other liabilities		220		148
				$	1		$	39		$	221	$	187
Effect of Derivative Instruments on Statement of Income (Loss)	The following table summarizes the effect of derivative instruments on the statement of income :
				Gain (or Loss)
		Location of Gain or (Loss)			Quarter Ended
		Recognized in Income on		March 31,
	(In thousands)	Derivatives		2015			2014
					(In thousands)
	UNDESIGNATED ECONOMIC HEDGES:
	Interest rate contracts:
	Interest rate swap agreements	Interest income - Loans		$	-		$	313
	Forward contracts:
	Sales of TBA GNMA MBS pools	Mortgage Banking Activities			-72			-165
	Total (loss) gain on derivatives			$	-72		$	148
Summary of Interest Rate Swaps		As of			As of
		March 31,			December 31,
		2015			2014
			(Dollars in thousands)
	Pay fixed/receive floating :
	Notional amount	$	5,440		$	5,440
	Weighted-average receive rate at period end		2.04%			2.03%
	Weighted-average pay rate at period end		3.45%			3.45%
	As of March 31, 2015, the Corporation has not entered into any derivative instrument containing credit-risk-related
	contingent features.

OFFSETTING_OF_ASSETS_AND_LIABI1

OFFSETTING OF ASSETS AND LIABILITIES (Tables)	3 Months Ended
	Mar. 31, 2015
Text Block [Abstract]
Offsetting of assets and liabilties
	Offsetting of Financial Assets and Derivative Assets
	In thousands
	As of March 31, 2015
								Gross Amounts Not Offset in the Statement of Financial Position
						Net Amounts of Assets Presented in the Statement of Financial Position
		Gross Amounts of Recognized Assets		Gross Amounts Offset in the Statement of Financial Position
										Financial Instruments		Cash Collateral Received
														Net Amount
	Description
	Derivatives	$	1	$	-	$	1	$	-1	$	-	$	-
	As of December 31, 2014
								Gross Amounts Not Offset in the Statement of Financial Position
						Net Amounts of Assets Presented in the Statement of Financial Position
		Gross Amounts of Recognized Assets		Gross Amounts Offset in the Statement of Financial Position
										Financial Instruments		Cash Collateral
														Net Amount
	Description
	Derivatives	$	6	$	-	$	6	$	-6	$	-	$	-
	Offsetting of Financial Liabilities and Derivative Liabilities
	In thousands
	As of March 31, 2015
								Gross Amounts Not Offset in the Statement of Financial Position
						Net Amounts of Liabilities Presented in the Statement of Financial Position
		Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Statement of Financial Position
										Financial Instruments		Cash Collateral Received
														Net Amount
	Description
	Repurchase agreements		600,000		-		600,000		-600,000		-		-
	Total	$	600,000	$	-	$	600,000	$	-600,000	$	-	$	-
	As of December 31, 2014
								Gross Amounts Not Offset in the Statement of Financial Position
						Net Amounts of Liabilities Presented in the Statement of Financial Position
		Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Statement of Financial Position
										Financial Instruments		Cash Collateral
														Net Amount
	Description
	Derivatives	$	33	$	-	$	33	$	-33	$	-	$	-
	Repurchase agreements		600,000		-		600,000		-600,000		-		-
	Total	$	600,033	$	-	$	600,033	$	-600,033	$	-	$	-

GOODWILL_AND_OTHER_INTANGIBLES1

GOODWILL AND OTHER INTANGIBLES (Tables)	3 Months Ended
	Mar. 31, 2015
Gross Amount and Accumulated Amortization of Other Intangible Assets	The following table shows the gross amount and accumulated amortization of the Corporation’s intangible assets recognized as part of Other Assets in the consolidated statement of financial condition:
		As of			As of
		March 31,			December 31,
		2015			2014
	(Dollars in thousands)
	Core deposit intangible:
	Gross amount, beginning of period	$	45,844		$	45,844
	Addition as a result of acquisition		5,820			-
	Accumulated amortization		-40,750			-40,424
	Net carrying amount	$	10,914		$	5,420
	Remaining amortization period		9.9 years			8.4 years
	Purchased credit card relationship intangible:
	Gross amount	$	24,465		$	24,465
	Accumulated amortization		-8,843			-8,076
	Net carrying amount	$	15,622		$	16,389
	Remaining amortization period		6.7 years			6.9 years
		The estimated aggregate amortization expense related to these intangible assets for future periods is as follows:
				Amount
				(In thousands)
	2015		$	3,813
	2016			4,737
	2017			4,197
	2018			3,293

NONCONSOLIDATED_VARIABLE_INTER1

NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS (Tables)	3 Months Ended
	Mar. 31, 2015
Summarized income statement information	The following table shows summarized unaudited income statement information of CPG/GS for the quarters ended March 31, 2015 and 2014:
		Quarter Ended
		March 31,			March 31,
		2015			2014
		(In thousands)
	Revenues, including net realized gains on sale of
	investments in loans and OREO	$	588		$	751
	Gross profit (loss)	$	-8,240		$	-1,508
	Net loss	$	-7,751		$	-2,447
Changes in Servicing Assets	The changes in servicing assets are shown below:
			Quarter ended
			March 31,			March 31,
			2015			2014
				(In thousands)
	Balance at beginning of period		$	22,838		$	21,987
	Capitalization of servicing assets			1,073			1,052
	Amortization			-856			-783
	Adjustment to fair value			-38			-219
	Other (1)			-44			-11
	Balance at end of period		$	22,973		$	22,026
	-1	Amount represents the adjustment to fair value related to the repurchase of loans serviced for others.
Changes in Impairment Allowance	Changes in the impairment allowance were as follows:
		Quarter ended
		March 31,			March 31,
		2015			2014
			(In thousands)
	Balance at beginning of period	$	55		$	212
	Temporary impairment charges		58			219
	Recoveries		-20			-
	Balance at end of period	$	93		$	431
Components of Net Servicing Income		The components of net servicing income are shown below:
			Quarter ended
			March 31,			March 31,
			2015			2014
				(In thousands)
	Servicing fees		$	1,764		$	1,671
	Late charges and prepayment penalties			190			164
	Adjustment for loans repurchased			-44			-11
	Other (1)			-89			-358
	Servicing income, gross			1,821			1,466
	Amortization and impairment of servicing assets			-894			-1,002
	Servicing income, net		$	927		$	464
	-1	Mainly consisted of compensatory fees imposed by GSEs and losses related to representations and warranties.
Weighted-Averages of Key Economic Assumptions in Valuation Model		(Dollars in thousands)
	Carrying amount of servicing assets	$	22,973
	Fair value	$	25,195
	Weighted-average expected life (in years)		8.47
	Constant prepayment rate (weighted-average annual rate)		10.25%
	Decrease in fair value due to 10% adverse change	$	948
	Decrease in fair value due to 20% adverse change	$	1,838
	Discount rate (weighted-average annual rate)		10.62%
	Decrease in fair value due to 10% adverse change	$	1,050
	Decrease in fair value due to 20% adverse change	$	2,020

DEPOSITS_Tables

DEPOSITS (Tables)	3 Months Ended
	Mar. 31, 2015
Summary of Deposit Balances	The following table summarizes deposit balances:
		March 31,				December 31,
		2015			2014
		(In thousands)
	Type of account:
	Non-interest bearing checking accounts	$	1,175,943		$	900,616
	Savings accounts		2,641,793			2,450,484
	Interest-bearing checking accounts		1,127,560			1,054,136
	Certificates of deposit		2,323,259			2,191,663
	Brokered CDs		2,572,483			2,887,046
		$	9,841,038		$	9,483,945
Brokered Certificates Of Deposit Mature		Brokered CDs mature as follows:
				31-Mar-15
				(In thousands)
		Three months or less		$	362,501
		Over three months to six months			577,737
		Over six months to one year			832,235
		One to three years			745,922
		Three to five years			18,037
		Over five years			36,051
		Total		$	2,572,483
Components of Interest Expense on Deposits	The following are the components of interest expense on deposits:
		Quarter Ended
		March 31,				March 31,
		2015				2014
		(In thousands)
	Interest expense on deposits	$	16,359		$	18,514
	Amortization of broker placement fees		1,335			1,785
	Interest expense on deposits	$	17,694		$	20,299

SECURITIES_SOLD_UNDER_AGREEMEN1

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables)	3 Months Ended
	Mar. 31, 2015
Securities Sold Under Agreements to Repurchase	Securities sold under agreements to repurchase (repurchase agreements) consist of the following:
			March, 31			December 31,
			2015			2014
			(Dollars in thousands)
	Repurchase agreements, interest ranging from 1.96% to 3.33%
	(December 31, 2014: 2.45% to 4.50%) (1)		$	900,000		$	900,000
	-1	As of March 31, 2015, includes $800 million with an average rate of 2.71% that lenders have the right to call before their contractual maturities at various dates beginning on April 9, 2015. Subsequent to April 9, 2015, no lender has exercised its call option on repurchase agreements. In addition, $700 million is tied to variable rates.
Schedule of Repurchase Agreement Maturity	Repurchase agreements mature as follows:
				31-Mar-15
				(In thousands)
		One year to three years		$	500,000
		Over five years			400,000
		Total		$	900,000
Repurchase Agreements Grouped by Counterparty	Repurchase agreements as of March 31, 2015, grouped by counterparty, were as follows:
		(Dollars in thousands)					Weighted-Average
		Counterparty		Amount			Maturity (In Months)
		Citigroup Global Markets		$	300,000		19
		JP Morgan Chase			200,000		82
		Dean Witter / Morgan Stanley			100,000		31
		Credit Suisse First Boston			300,000		60
				$	900,000

ADVANCES_FROM_THE_FEDERAL_HOME1

ADVANCES FROM THE FEDERAL HOME LOAN BANK (FHLB) (Tables)	3 Months Ended
	Mar. 31, 2015
Summary of Advances from FHLB	The following is a summary of the advances from the FHLB:
				As of		As of
			March 31,		December 31,
			2015		2014
			(Dollars in thousands)
		Fixed-rate advances from FHLB, with a weighted-
		average interest rate of 1.17%	$	325,000	$	325,000
Advances from FHLB Mature	Advances from FHLB mature as follows:
			March 31,
			2015
			(In thousands)
		Over one year to three years	$	300,000
		Over three to four years		25,000
		Total	$	325,000

OTHER_BORROWINGS_Tables

OTHER BORROWINGS (Tables)	3 Months Ended
	Mar. 31, 2015
Components of Other Borrowings		March 31,		December 31,
		2015		2014
		(In thousands)
	Junior subordinated debentures due in 2034,
	interest-bearing at a floating rate of 2.75%
	over 3-month LIBOR (3.02% as of March 31, 2015
	and 2.99% as of December 31, 2014)	$	103,093	$	103,093
	Junior subordinated debentures due in 2034,
	interest-bearing at a floating rate of 2.50%
	over 3-month LIBOR (2.77% as of March 31, 2015
	and 2.75% as of December 31, 2014)		128,866		128,866
		$	231,959	$	231,959

FAIR_VALUE_Tables

FAIR VALUE (Tables)	3 Months Ended
	Mar. 31, 2015
Assets and Liabilities Measured at Fair Value on Recurring Basis	Assets and liabilities measured at fair value on a recurring basis, are summarized below:
		As of March 31, 2015												As of December 31, 2014
		Fair Value Measurements Using												Fair Value Measurements Using
	(In thousands)	Level 1			Level 2			Level 3			Assets/Liabilities at Fair Value			Level 1		Level 2		Level 3		Assets/Liabilities at Fair Value
	Assets:
	Securities available for sale :
	U.S. Treasury Securities	$	7,500		$	-		$	-		$	7,500		$	7,499	$	-	$	-	$	7,499
	Noncallable U.S. agency debt		-			286,066			-			286,066			-		228,157		-		228,157
	Callable U.S. agency debt and MBS		-			1,607,273			-			1,607,273			-		1,653,140		-		1,653,140
	Puerto Rico government obligations		-			39,073			2,390			41,463			-		40,658		2,564		43,222
	Private label MBS		-			-			31,824			31,824			-		-		33,648		33,648
	Other investments held for sale		-			-			100			100			-		-		-		-
	Derivatives, included in assets:
	Interest rate swap agreements		-			-			-			-			-		33		-		33
	Purchased interest rate cap agreements		-			1			-			1			-		6		-		6
	Liabilities:
	Derivatives, included in liabilities:
	Interest rate swap agreements		-			-			-			-			-		33		-		33
	Written interest rate cap agreement		-			1			-			1			-		6		-		6
	Forward contracts		-			220			-			220			-		148		-		148
Fair Value of Assets and Liabilities Measured on Recurring Basis			Total Fair Value Measurements
			Quarter ended March 31,
			2015			2014
	Level 3 Instruments Only		Securities			Securities
	(In thousands)		Available For Sale(1)			Available For Sale(1)
	Beginning balance		$	36,212			43,292
	Total gains (losses) (realized/unrealized):
	Included in earnings			-156			-
	Included in other comprehensive income			619			964
	Held-to-Maturity investment securities reclassified to Available-for-Sale
	Sales
	Purchases			100			5,123
	Principal repayments and amortization			-2,461			-1,869
	Ending balance		$	34,314		$	47,510
	-1	Amounts mostly related to private label MBS.
Impairment or Valuation Adjustments were Recorded for Assets Recognized at Fair Value	The table below summarizes changes in unrealized gains and losses recorded in earnings for the quarters ended March 31, 2015 and 2014 for Level 3 assets and liabilities that are still held at the end of each period:
				Changes in Unrealized Losses			Changes in Unrealized Losses
				(Quarter ended March 31, 2015)			(Quarter Ended March 31, 2014)
	Level 3 Instruments Only		Securities			Securities
	(In thousands)		Available For Sale			Available For Sale
	Changes in unrealized losses relating to assets still held at reporting date:
	Net impairment losses on investment securities (credit component)			($156)			$ -
	As of March 31, 2015, impairment or valuation adjustments were recorded for assets recognized at fair value on a non-recurring basis as shown in the following table:
			Carrying value as of March 31, 2015									Losses recorded for the Quarter Ended March 31, 2015
			Level 1			Level 2			Level 3
				(In thousands)
	Loans receivable (1)		$	-		$	-		$	436,944		$	-13,725
	Other Real Estate Owned (2)			-			-			122,628			-2,711
	Mortgage servicing rights (3)			-			-			22,973			-38
	Loans Held For Sale (4)			-			-			54,588			-
	-1	Mainly impaired commercial and construction loans. The impairment was generally measured based on the fair value of the collateral. The fair values were derived from external appraisals that take into consideration prices in observed transactions involving similar assets in similar locations but adjusted for specific characteristics and assumptions of the collateral (e.g., absorption rates), which are not market observable.
	-2	The fair value was derived from appraisals that take into consideration prices in observed transactions involving similar assets in similar locations but adjusted for specific characteristics and assumptions of the properties (e.g., absorption rates and net operating income of income producing properties), which are not market observable. Losses were related to market valuation adjustments after the transfer of the loan to the OREO portfolio.
	-3	Fair value adjustments to mortgage servicing rights were mainly due to assumptions associated with mortgage prepayment rates. The Corporation carries its mortgage servicing rights at the lower of cost or market, measured at fair value on a non-recurring basis. Assumptions for the value of mortgage servicing rights included: Prepayment rate-10.25%, Discount Rate-10.62%.
	-4	The value of these loans was derived from external appraisals, adjusted for specific characteristics of the loans, and, for loans with signed sale agreements, the value was determined based on the sales price in such agreements.
	As of March 31, 2014, impairment or valuation adjustments were recorded for assets recognized at fair value on a non-recurring basis as shown in the following table:
			Carrying value as of March 31, 2014									(Losses) Gain recorded for the Quarter Ended March 31, 2014
			Level 1			Level 2			Level 3
			(In thousands)
	Loans receivable (1)		$	-		$	-		$	478,393		$	-23,793
	Other Real Estate Owned (2)			-			-			138,622			-4,747
	Mortgage servicing rights (3)			-			-			22,026			-219
	Loans Held For Sale (4)			-			-			54,755			-
	-1	Mainly impaired commercial and construction loans. The impairment was generally measured based on the fair value of the collateral. The fair values were derived from external appraisals that take into consideration prices in observed transactions involving similar assets in similar locations but adjusted for specific characteristics and assumptions of the collateral (e.g. absorption rates), which are not market observable.
	-2	The fair value was derived from appraisals that take into consideration prices in observed transactions involving similar assets in similar locations but adjusted for specific characteristics and assumptions of the properties (e.g., absorption rates and net operating income of income producing properties), which are not market observable. Losses were related to market valuation adjustments after the transfer of the loan to the OREO portfolio.
	-3	Fair value adjustments to the mortgage servicing rights were mainly due to assumptions associated with mortgage prepayments rates. The Corporation carries its mortgage servicing rights at the lower-of-cost or market, measured at fair value on a non-recurring basis. Assumptions for the value of mortgage servicing rights included: Prepayment Rate-9.10%, Discount Rate-10.61%.
	-4	The value of these loans was derived from external appraisals, adjusted for specific characteristics of the loans, and, for loans with signed sale agreements, the value was determined based on the sales price in such agreements.
Estimated Fair Value and Carrying Value of Financial Instruments	The following table presents the estimated fair value and carrying value of financial instruments as of March 31, 2015 and December 31, 2014
		Total Carrying Amount in Statement of Financial Condition March 31, 2015			Fair Value Estimated March 31, 2015			Level 1			Level 2			Level 3
		(In thousands)
	Assets:
	Cash and due from banks and money
	market investments	$	984,436		$	984,436		$	984,436		$	-		$	-
	Investment securities available
	for sale		1,974,226			1,974,226			7,500			1,932,412			34,314
	Other equity securities		26,185			26,185			-			26,185			-
	Loans held for sale		81,723			82,942			-			28,301			54,641
	Loans held for investment		9,485,372
	Less: allowance for loan and lease losses		-226,064
	Loans held for investment, net of allowance	$	9,259,308			9,115,707			-			-			9,115,707
	Derivatives, included in assets		1			1			-			1			-
	Liabilities:
	Deposits		9,841,038			9,852,630			-			9,852,630			-
	Securities sold under agreements to repurchase		900,000			966,365			-			966,365			-
	Advances from FHLB		325,000			326,087			-			326,087			-
	Other borrowings		231,959			169,935			-			-			169,935
	Derivatives, included in liabilities		221			221			-			221			-
		Total Carrying Amount in Statement of Financial Condition December 31, 2014			Fair Value Estimated December 31, 2014			Level 1			Level 2			Level 3
		(In thousands)
	Assets:
	Cash and due from banks and money
	market investments	$	796,108		$	796,108		$	796,108		$	-		$	-
	Investment securities available
	for sale		1,965,666			1,965,666			7,499			1,921,955			36,212
	Other equity securities		25,752			25,752			-			25,752			-
	Loans held for sale		76,956			77,888			-			23,247			54,641
	Loans held for investment		9,262,436
	Less: allowance for loan and lease losses		-222,395
	Loans held for investment, net of allowance	$	9,040,041			8,844,659			-			-			8,844,659
	Derivatives, included in assets		39			39			-			39			-
	Liabilities:
	Deposits		9,483,945			9,486,325			-			9,486,325			-
	Securities sold under agreements to repurchase		900,000			958,715			-			958,715			-
	Advances from FHLB		325,000			324,376			-			324,376			-
	Other borrowings		231,959			162,344			-			-			162,344
	Derivatives, included in liabilities		187			187			-			187			-
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]	Qualitative information regarding the fair value measurements for Level 3 financial instruments is as follows:
		31-Mar-15
		Method		Inputs
	Loans	Income, Market, Comparable Sales, Discounted Cash Flows		External appraised values; probability weighting of broker price opinions; management assumptions regarding market trends or other relevant factors
	OREO	Income, Market, Comparable Sales, Discounted Cash Flows		External appraised values; probability weighting of broker price opinions; management assumptions regarding market trends or other relevant factors
	Mortgage servicing rights	Discounted Cash Flow		Weighted average prepayment rate of 10.25%; weighted average discount rate of 10.62%
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block]	The table below presents qualitative information for significant assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) at March 31, 2015:
		31-Mar-15
	(In thousands)	Fair Value			Valuation Technique		Unobservable Input		Range
	Investment securities available-for-sale:
	Private label MBS	$	31,824		Discounted cash flow		Discount rate		14.50%
							Prepayment rate		18.04% -100.00% (Weighted Average 32%)
							Projected Cumulative Loss Rate		0.00% -80.00% (Weighted Average 7.3%)
	Puerto Rico Government Obligations		2,390		Discounted cash flow		Prepayment speed		2.89%

SUPPLEMENTAL_CASH_FLOW_INFORMA1

SUPPLEMENTAL CASH FLOW INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2015
Supplemental Cash Flow Information		Quarter Ended March 31,
		2015		2014
		(In thousands)
	Cash paid for:
	Interest on borrowings	$	24,502	$	23,359
	Income tax		82		113
	Non-cash investing and financing activities:
	Additions to other real estate owned		12,702		8,176
	Additions to auto and other repossessed assets		20,464		20,771
	Capitalization of servicing assets		1,073		1,052
	Loan securitizations		46,914		50,792
	Preferred stock exchanged for new common stock issued:
	Preferred stock exchanged (Series A through E)		-		6,024
	New common stock issued		-		5,645
	Fair value of assets acquired (liabilities assumed) in the Doral Bank transaction:
	Loans		311,410		-
	Premises and equipment, net		5,450		-
	Core deposit intangible		5,820		-
	Deposits		-523,517		-

SEGMENT_INFORMATION_Tables

SEGMENT INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2015
Information about the Reportable Segments	The following table presents information about the reportable segments:
	(In thousands)	Mortgage Banking			Consumer (Retail) Banking			Commercial and Corporate		Treasury and Investments		United States Operations		Virgin Islands Operations		Total
	For the quarter ended March 31, 2015:
	Interest income	$	33,876		$	49,836		$	34,803	$	13,067	$	11,231	$	9,672	$	152,485
	Net (charge) credit for transfer of funds		-11,236			3,684			-3,795		7,754		3,593		-		-
	Interest expense		-			-5,657			-		-16,007		-4,339		-835		-26,838
	Net interest income		22,640			47,863			31,008		4,814		10,485		8,837		125,647
	(Provision) release for loan and lease losses		-6,963			-16,685			-9,093		-		2,133		-2,362		-32,970
	Non-interest income		3,399			12,417			524		-100		524		2,522		19,286
	Direct non-interest expenses		-8,065			-31,559			-7,979		-1,339		-7,183		-8,580		-64,705
	Segment income	$	11,011		$	12,036		$	14,460	$	3,375	$	5,959	$	417	$	47,258
	Average earnings assets	$	2,492,247		$	2,045,277		$	3,028,358	$	2,764,058	$	971,887	$	639,162	$	11,940,989
	(In thousands)	Mortgage Banking			Consumer (Retail) Banking			Commercial and Corporate		Treasury and Investments		United States Operations		Virgin Islands Operations		Total
	For the quarter ended March 31, 2014:
	Interest income	$	25,748		$	55,812		$	42,299	$	15,583	$	10,896	$	10,233	$	160,571
	Net (charge) credit for transfer of funds		-8,546			3,635			-2,999		5,800		2,110		-		-
	Interest expense		-			-6,796			-		-16,761		-4,797		-897		-29,251
	Net interest income		17,202			52,651			39,300		4,622		8,209		9,336		131,320
	(Provision) release for loan and lease losses		-3,384			-20,495			-13,345		-		5,959		-650		-31,915
	Non-interest income (loss)		3,102			10,630			1,767		53		441		1,967		17,960
	Direct non-interest expenses		-9,832			-32,015			-12,578		-1,126		-7,220		-9,024		-71,795
	Segment income	$	7,088		$	10,771		$	15,144	$	3,549	$	7,389	$	1,629	$	45,570
	Average earnings assets	$	1,955,990		$	2,006,395		$	3,921,439	$	2,710,930	$	846,152	$	655,568	$	12,096,474
Reconciliation of the Reportable Segment Financial Information	The following table presents a reconciliation of the reportable segment financial information to the consolidated totals:
			Quarter Ended
			March 31,
			2015			2014
	Net income:
	Total income for segments and other		$	47,258		$	45,570
	Other non-interest gain (loss) (1)			13,443			-6,610
	Other operating expenses (2)			-27,023			-20,990
	Income before income taxes			33,678			17,970
	Income tax expense			-8,032			-887
	Total consolidated net income		$	25,646		$	17,083
	Average assets:
	Total average earning assets for segments		$	11,940,989		$	12,096,474
	Other average earning assets (1)			-			6,570
	Average non-earning assets			934,999			671,146
	Total consolidated average assets		$	12,875,988		$	12,774,190
	-1	The bargain purchase gain on the acquisition of assets and assumption of deposits from Doral Bank in 2015 as well as the activities related to the Bank's equity interest in CPG/GS are presented as an Other non-interest income (loss) and the investment in CPG/GS is presented as Other average earning assets in the tables above.
	-2	Expenses pertaining to corporate administrative functions that support the operating segment but are not specifically attributable to or managed by any segment are not included in the reported financial results of the operating segments. The unallocated corporate expenses include certain general and administrative expenses and related depreciation and amortization expenses.

REGULATORY_MATTERS_COMMITMENTS1

REGULATORY MATTERS, COMMITMENTS AND CONTINGENCIES (Tables)	3 Months Ended
	Mar. 31, 2015
Commitments And Contingencies Disclosure [Abstract]
Schedule Of Compliance With Regulatory Capital Requirements Under Banking Regulations [Text Block]		The Corporation's and its banking subsidiary's regulatory capital positions as of March 31, 2015 and December 31, 2014 were as follows:
			Regulatory Requirements
			Actual			For Capital Adequacy Purposes			To be Well-Capitalized-Regular Thresholds
			Amount		Ratio	Amount		Ratio	Amount		Ratio
			(Dollars in thousands)
	As of March 31, 2015 (Basel III)
	Total Capital (to
	Risk-Weighted Assets)
	First BanCorp.		$	1,828,253	19.20%	$	761,694	8%		N/A	N/A
	FirstBank		$	1,798,122	18.89%	$	761,410	8%	$	951,763	10%
	Common Equity Tier 1 Capital
	(to Risk-Weighted Assets)
	First BanCorp.		$	1,537,862	16.15%	$	428,453	4.50%		N/A	N/A
	FirstBank		$	1,486,508	15.62%	$	428,293	4.50%	$	618,646	6.50%
	Tier I Capital (to
	Risk-Weighted Assets)
	First BanCorp.		$	1,537,862	16.15%	$	571,271	6%		N/A	N/A
	FirstBank		$	1,676,525	17.61%	$	571,058	6%	$	761,410	8%
	Leverage ratio
	First BanCorp.		$	1,537,862	12.16%	$	505,698	4%		N/A	N/A
	FirstBank		$	1,676,525	13.28%	$	505,036	4%	$	631,295	5%
	As of December 31, 2014 (Basel I)
	Total Capital (to
	Risk-Weighted Assets)
	First BanCorp.		$	1,748,120	19.70%	$	709,723	8%		N/A	N/A
	FirstBank		$	1,717,432	19.37%	$	709,395	8%	$	886,744	10%
	Tier I Capital (to
	Risk-Weighted Assets)
	First BanCorp.		$	1,636,004	18.44%	$	354,861	4%		N/A	N/A
	FirstBank		$	1,605,367	18.10%	$	354,698	4%	$	532,046	6%
	Leverage ratio
	First BanCorp.		$	1,636,004	13.27%	$	493,159	4%		N/A	N/A
	FirstBank		$	1,605,367	13.04%	$	492,468	4%	$	615,585	5%

FIRST_BANCORP_Holding_Company_1

FIRST BANCORP. (Holding Company Only) Financial Information (Tables)	3 Months Ended
	Mar. 31, 2015
Statements of Financial Condition	Statements of Financial Condition
		As of March 31,			As of December 31,
		2015		2014
		(In thousands)
	Assets
	Cash and due from banks	$	29,726	$	30,380
	Money market investments		6,111		6,111
	Investment securities available for sale, at market:
	Other investment securities		285		285
	Loans held for investment, net		298		322
	Investment in First Bank Puerto Rico, at equity		1,900,671		1,866,090
	Investment in First Bank Insurance Agency, at equity		13,356		11,890
	Investment in FBP Statutory Trust I		3,093		3,093
	Investment in FBP Statutory Trust II		3,866		3,866
	Other assets		4,617		4,357
	Total assets	$	1,962,023	$	1,926,394
	Liabilities and Stockholders' Equity
	Liabilities:
	Other borrowings	$	231,959	$	231,959
	Accounts payable and other liabilities		24,314		22,692
	Total liabilities		256,273		254,651
	Stockholders' equity		1,705,750		1,671,743
	Total liabilities and stockholders' equity	$	1,962,023	$	1,926,394
Statements of Income (Loss)	Statements of Income
		Quarter Ended
		March 31,		March 31,
		2015		2014
		(In thousands)
	Income:
	Interest income on money market investments	$	5	$	5
	Other income		56		53
			61		58
	Expense:
	Notes payable and other borrowings		1,817		1,760
	Other operating expenses		604		506
			2,421		2,266
	Loss before income taxes and equity in undistributed
	earnings of subsidiaries		-2,360		-2,208
	Income tax provision		-		-2
	Equity in undistributed earnings of subsidiaries		28,006		19,293
	Net income	$	25,646	$	17,083
	Other comprehensive income, net of tax		7,140		22,539
	Comprehensive income	$	32,786	$	39,622

BUSINESS_COMBINATION_Business_

BUSINESS COMBINATION- Business Combination (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Assets [Abstract]
Fair Value Of Assets Acquired	$540,339
Liabilities [Abstract]
Business Combination Bargain Purchase Gain Recognized Amount	13,443	0
Deposits [Member]
Liabilities [Abstract]
Liabilities Assumed1	523,517	0
Other Liabilities [Member]
Liabilities [Abstract]
Liabilities Assumed1	3,379
Core Deposits [Member]
Assets [Abstract]
Fair Value Of Assets Acquired	5,820	0
Property Plant And Equipment [Member]
Assets [Abstract]
Fair Value Of Assets Acquired	5,450	0
Cash [Member]
Assets [Abstract]
Fair Value Of Assets Acquired	217,659
Loans [Member]
Assets [Abstract]
Business Combination Acquired Receivables Fair Value	311,410
Fair Value Of Assets Acquired	$311,410	$0

BUSINESS_COMBINATION_Additiona

BUSINESS COMBINATION- Additional information (Detail) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014	Feb. 27, 2015
Business Acquisition [Line Items]
Branches Doral	10
Business Combination Bargain Purchase After Tax Gain Recognized Amount	$8.20
Premium On Loans Acquired	1.3
Business Combination Integration Related Costs	3.9
Contractually outstanding principal and interest at acquisition	226.7	135.5
Non Sop Unpaid Principal Balance	227.9
Business Combination Acquisition Nonrecurring Costs	2.1
Discount On Purchased Credit Impaired Loans	13.4
Purchased Credit Impaired Loans Acquired	93.3
Deposits [Member]
Business Acquisition [Line Items]
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Financial Liabilities			522.7
Liabilities Fair Value Adjustment	0.8
Property Plant And Equipment [Member]
Business Acquisition [Line Items]
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Financial Assets			5.5
Cash [Member]
Business Acquisition [Line Items]
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Financial Assets			217.7
Loans [Member]
Business Acquisition [Line Items]
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Financial Assets			$324.80

EARNINGS_PER_COMMON_SHARE_Calc

EARNINGS PER COMMON SHARE - Calculations of Earnings Per Common Share (Detail) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Net Income (Loss):
Net income (loss)	$25,646	$17,083
Excess of carrying amount of preferred stock exchanged over fair value of new common stock	0	379
Net income (loss) attributable to common stockholders	25,646	17,462
Weighted-Average Shares:
Basic weighted-average common shares outstanding	210,686	205,732
Average potential common shares	2,060	1,144
Diluted weighted-average number of common shares outstanding	212,746	206,876
Income (loss) per common share:
Basic	$0.12	$0.08
Diluted	$0.12	$0.08
Retained Earnings [Member]
Net Income (Loss):
Net income (loss)	25,646	17,083
Excess of carrying amount of preferred stock exchanged over fair value of new common stock	$0	$379

EARNINGS_PER_COMMON_SHARE_Addi

EARNINGS PER COMMON SHARE - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Earnings Per Share Diluted [Line Items]
Unvested shares of restricted stock			2,327,156
Restricted Stock [Member]
Earnings Per Share Diluted [Line Items]
Unvested shares of restricted stock			2,327,156
Stock Option [Member]
Earnings Per Share Diluted [Line Items]
Antidilutive effect on earnings per share	69,848	88,640

STOCKBASED_COMPENSATION_Additi

STOCK-BASED COMPENSATION - Additional Information (Detail) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Apr. 29, 2008
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted shares of restricted stock	821,532
Restricted stock granted to Board of Directors	-63,750
Stock based compensation expense unrecognized related to nonvested shares of restricted stock	$6,000,000
Period for cost recognition not yet recognized	2 years 3 months 18 days
Weighted-Average Grant Date Fair Value of Stocks	$3.92
Holding Period By The Us Treasury Of Outstanding Common Stock	1 year 0 months 0 days	2 years 0 months 0 days
Repurchased of common stock	50,708
Stock Issued During Period Value Restricted Stock Award Forfeitures	26,000	5,000
Restricted Stock Vested Subject To Tarp Percentage		25.00%
Board Of Directors [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted shares of restricted stock	30,068
Maximum [Member] | Board Of Directors [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Restricted stock vesting period		5 years 0 months 0 days
Minimum [Member] | Board Of Directors [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Restricted stock vesting period		1 year 0 months 0 days
Senior Executives
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted shares	80,234
Share based compensation cost	400,000
Weighted-Average Grant Date Fair Value of Stocks	$6.02
Repurchased of common stock	28,183
Management [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted shares of restricted stock	791,464
Omnibus Plan [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Authorized granting up shares			8,169,807
Troubled Asset Relief Program [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Percentage increments repayment under TARP		25.00%
Percentage of appreciation	14.00%
Troubled Asset Relief Program [Member] | Management [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Fair Value Of Restricted Stock Granted	$3.18
Restricted Stock [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share based compensation cost	$1,000,000	$400,000
Repurchased of common stock	22,525
First Fifty Percentage Restricted Stock Nonvest Awards [Member] | Management [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Restricted stock vesting period	2 years 0 months 0 days	2 years 0 months 0 days
Other Fifty Percentage Restricted Stock Nonvest Awards [Member] | Management [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Restricted stock vesting period	3 years 0 months 0 days	3 years 0 months 0 days
Three Months Requisite Service Period [Member] | Management [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted shares of restricted stock	40,000
After Two To Three Years Vesting Period [Member] | Management [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Percentage of Share vest during period	50.00%	50.00%
Remaining percentage of share vest during period	50.00%	50.00%
Granted shares of restricted stock	751,464	810,138
After Two To Three Years Vesting Period [Member] | Troubled Asset Relief Program [Member] | Management [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted shares of restricted stock	615,464	653,138
Fair Value Of Restricted Stock Granted		$2.63
Percentage of appreciation		16.00%
Granted Shares With One Year Vesting Period [Member] | Board Of Directors [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted shares of restricted stock	4,295
Granted Shares With Five Year Vesting Period [Member] | Board Of Directors [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted shares of restricted stock	25,773

STOCKBASED_COMPENSATION_Activi

STOCK-BASED COMPENSATION - Activity of Stock Options (Detail) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of options, Beginning of year	82,575
Number of Options, expired	-11,395
Number of Options, cancelled	-1,332
Number of options, End of period outstanding and exercisable	69,848
Weighted-Average Exercise Price, beginning of year	$187.75
Weighted-Average Exercise Price, Options expired	$358.80
Weighted-Average Exercise Price, Options cancelled	$164.10
Weighted-Average Exercise Price, End of period outstanding and exercisable	$160.30
Weighted- Average Remaining Contractual Term (Years),End of period outstanding and exercisable	1 year 3 months 18 days
Aggregate Intrinsic Value, End of period outstanding and exercisable	$0

STOCKBASED_COMPENSATION_Restri

STOCK-BASED COMPENSATION - Restricted Stock Activity Under Omnibus Plan (Detail) (USD $)	3 Months Ended
	Mar. 31, 2015
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of non-vested shares of restricted stock, beginning of period	2,327,156
Granted shares of restricted stock	821,532
Vested	-63,750
Weighted-Average Grant Date Fair Value, beginning of period	$3.39
Weighted-Average Grant Date Fair Value of Stocks	$3.92
Weighted-Averages Grant Date Dair Value, Forefeitures	$5.07
Weighted-Averages Grant Date Fair Value, Vested	$4
Weighted-Average Grant Date Fair Value, end of period	$3.51
Omnibus Plan [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Forefeited	-8,500
Number of non-vested shares of restricted stock, end of period	3,076,438

INVESTMENT_SECURITIES_Investme

INVESTMENT SECURITIES - Investment Securities Available for Sale (Detail) (USD $)	3 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015		Dec. 31, 2014
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	$1,977,681		$1,976,261
Non credit loss component of OTTI recorded in OCI	11,296		12,141
Unrealized gain on available-for-sale securities	37,708		31,951
Gross unrealized losses	29,867		30,405
Fair value	1,974,226		1,965,666
Weighted average yield	2.48%		2.49%
Puerto Rico Government obligations [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	65,500
Fair value	41,500		27,408
United States And Puerto Rico Government Obligations [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	453,831		407,832
Non credit loss component of OTTI recorded in OCI	0		0
Unrealized gain on available-for-sale securities	1,169		290
Gross unrealized losses	27,025		24,286
Fair value	427,975		383,836
Weighted average yield	1.90%		1.86%
Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	1,523,750		1,568,429
Non credit loss component of OTTI recorded in OCI	11,296		12,141
Unrealized gain on available-for-sale securities	36,539		31,661
Gross unrealized losses	2,842		6,119
Fair value	1,546,151		1,581,830
Weighted average yield	2.65%		2.66%
Federal Home Loan Mortgage Corporation Certificates And Obligations F H L M C [Member] | Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	305,060
Non credit loss component of OTTI recorded in OCI	0
Unrealized gain on available-for-sale securities	2,779
Gross unrealized losses	560
Fair value	307,279
Weighted average yield	2.17%
Government National Mortgage Association Certificates And Obligations G N M A [Member] | Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	340,383		355,989
Non credit loss component of OTTI recorded in OCI	0		0
Unrealized gain on available-for-sale securities	22,900		21,459
Gross unrealized losses	0		0
Fair value	363,283		377,448
Weighted average yield	3.83%		3.83%
Federal National Mortgage Association Certificates And Obligations F N M A [Member] | Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	835,187		851,341
Non credit loss component of OTTI recorded in OCI	0		0
Unrealized gain on available-for-sale securities	10,860		8,458
Gross unrealized losses	2,282		4,859
Fair value	843,765		854,940
Weighted average yield	2.37%		2.37%
Mortgage Backed Securities Issued By Private Enterprises [Member] | Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	43,120		45,788
Non credit loss component of OTTI recorded in OCI	11,296		12,141
Unrealized gain on available-for-sale securities	0		1
Gross unrealized losses	0		0
Fair value	31,824		33,648
Weighted average yield	2.15%		2.17%
Due Within One Year [Member] | U S Treasury Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	7,500		7,498
Non credit loss component of OTTI recorded in OCI	0		0
Unrealized gain on available-for-sale securities	0		1
Gross unrealized losses	0		0
Fair value	7,500		7,499
Weighted average yield	0.11%		0.11%
Due Within One Year [Member] | Puerto Rico Government obligations [Member]
Schedule Of Available For Sale Securities [Line Items]
Weighted average yield	0.00%
Due Within One Year [Member] | Government National Mortgage Association Certificates And Obligations G N M A [Member] | Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	17
Non credit loss component of OTTI recorded in OCI	0
Unrealized gain on available-for-sale securities	0
Gross unrealized losses	0
Fair value	17
Weighted average yield	3.52%
After One To Five Years [Member] | US Government Sponsored Enterprises Debt Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	278,054		260,889
Non credit loss component of OTTI recorded in OCI	0		0
Unrealized gain on available-for-sale securities	318		42
Gross unrealized losses	1,918		4,219
Fair value	276,454		256,712
Weighted average yield	1.25%		1.22%
After One To Five Years [Member] | Puerto Rico Government obligations [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	39,836		39,827
Non credit loss component of OTTI recorded in OCI	0		0
Unrealized gain on available-for-sale securities	0		0
Gross unrealized losses	16,922		12,419
Fair value	22,914
Weighted average yield	4.49%		4.49%
After One To Five Years [Member] | Other Available For Sale Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	100	[1]
Non credit loss component of OTTI recorded in OCI	0	[1]
Unrealized gain on available-for-sale securities	0	[1]
Gross unrealized losses	0	[1]
Fair value	100	[1]
Weighted average yield	1.50%
After One To Five Years [Member] | Federal Home Loan Mortgage Corporation Certificates And Obligations F H L M C [Member] | Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	432
Non credit loss component of OTTI recorded in OCI	0
Unrealized gain on available-for-sale securities	46
Gross unrealized losses	0
Fair value	478
Weighted average yield	4.95%
After One To Five Years [Member] | Government National Mortgage Association Certificates And Obligations G N M A [Member] | Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	55		39
Non credit loss component of OTTI recorded in OCI	0		0
Unrealized gain on available-for-sale securities	2		1
Gross unrealized losses	0		0
Fair value	57		40
Weighted average yield	3.93%		3.26%
After One To Five Years [Member] | Federal National Mortgage Association Certificates And Obligations F N M A [Member] | Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	3,743		4,160
Non credit loss component of OTTI recorded in OCI	0		0
Unrealized gain on available-for-sale securities	155		181
Gross unrealized losses	0		0
Fair value	3,898		4,341
Weighted average yield	3.37%		3.40%
After Five To Ten Years [Member] | US Government Sponsored Enterprises Debt Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	102,745		78,234
Non credit loss component of OTTI recorded in OCI	0		0
Unrealized gain on available-for-sale securities	850		246
Gross unrealized losses	1,037		2,077
Fair value	102,558		76,403
Weighted average yield	1.93%		1.72%
After Five To Ten Years [Member] | Puerto Rico Government obligations [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	875		886
Non credit loss component of OTTI recorded in OCI	0		0
Unrealized gain on available-for-sale securities	0		1
Gross unrealized losses	0		0
Fair value	875		887
Weighted average yield	5.20%		5.20%
After Five To Ten Years [Member] | Government National Mortgage Association Certificates And Obligations G N M A [Member] | Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	24,189		17,108
Non credit loss component of OTTI recorded in OCI	0		0
Unrealized gain on available-for-sale securities	956		501
Gross unrealized losses	0		0
Fair value	25,145		17,609
Weighted average yield	3.62%		3.65%
After Five To Ten Years [Member] | Federal National Mortgage Association Certificates And Obligations F N M A [Member] | Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	16,924		9,584
Non credit loss component of OTTI recorded in OCI	0		0
Unrealized gain on available-for-sale securities	646		521
Gross unrealized losses	31		5
Fair value	17,539		10,100
Weighted average yield	2.90%		3.49%
After Five To Ten Years [Member] | Mortgage Backed Securities Issued By Private Enterprises [Member] | Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	108		111
Non credit loss component of OTTI recorded in OCI	0		0
Unrealized gain on available-for-sale securities	0		1
Gross unrealized losses	0		0
Fair value	108		112
Weighted average yield	7.26%		7.27%
After Ten Years [Member] | Puerto Rico Government obligations [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	24,821		20,498
Non credit loss component of OTTI recorded in OCI	0		0
Unrealized gain on available-for-sale securities	1		0
Gross unrealized losses	7,148		5,571
Fair value	17,674		14,927
Weighted average yield	5.37%		5.83%
After Ten Years [Member] | Federal Home Loan Mortgage Corporation Certificates And Obligations F H L M C [Member] | Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	304,628		315,311
Non credit loss component of OTTI recorded in OCI	0		0
Unrealized gain on available-for-sale securities	2,733		1,743
Gross unrealized losses	560		1,260
Fair value	306,801		315,794
Weighted average yield	2.17%		2.17%
After Ten Years [Member] | Government National Mortgage Association Certificates And Obligations G N M A [Member] | Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	316,122		338,842
Non credit loss component of OTTI recorded in OCI	0		0
Unrealized gain on available-for-sale securities	21,942		20,957
Gross unrealized losses	0		0
Fair value	338,064		359,799
Weighted average yield	3.85%		3.83%
After Ten Years [Member] | Federal National Mortgage Association Certificates And Obligations F N M A [Member] | Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	814,520		837,597
Non credit loss component of OTTI recorded in OCI	0		0
Unrealized gain on available-for-sale securities	10,059		7,756
Gross unrealized losses	2,251		4,854
Fair value	822,328		840,499
Weighted average yield	2.35%		2.36%
After Ten Years [Member] | Mortgage Backed Securities Issued By Private Enterprises [Member] | Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	43,012		45,677
Non credit loss component of OTTI recorded in OCI	11,296		12,141
Unrealized gain on available-for-sale securities	0		0
Gross unrealized losses	0		0
Fair value	$31,716		$33,536
Weighted average yield	2.15%		2.17%
Equity Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Weighted average yield	0.00%
[1]	Represents investment in a Community Investment Fund.

INVESTMENT_SECURITIES_Addition

INVESTMENT SECURITIES - Additional Information (Detail) (USD $)	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
	numberofcontracts
Schedule Of Investments [Line Items]
Percentage Of Debt Securities Government And Government Sponsored Agencies	96.00%
Amortized cost of private label of mortgage backed security	$43,000,000
Credit related impairment loss is related to Private label MBS	156,000
Minimum Credit Score	700
Maximum loan to value ratio	80.00%
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities	53,596,000	45,422,000
Total investment securities available for sale	1,974,226,000		1,965,666,000
Fair value	1,974,226,000		1,965,666,000
Amortized cost	1,977,681,000		1,976,261,000
Unrealized losses	29,867,000		30,405,000
Weighted average yield	2.48%		2.49%
Puerto Rico Government obligations [Member]
Schedule Of Investments [Line Items]
Total investment securities available for sale	41,500,000		27,408,000
Fair value	41,500,000		27,408,000
Amortized cost	65,500,000
Change in net unrealized gains	($6,100,000)

INVESTMENT_SECURITIES_Availabl

INVESTMENT SECURITIES - Available-For-Sale Investments' Fair Value And Gross Unrealized Losses (Detail) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Schedule Of Available For Sale Securities [Line Items]
Fair Value Less than 12 months	$426,813	$48,474
Unrealized Losses Less than 12 months	1,547	79
Fair Value 12 months or more	450,633	1,010,786
Unrealized Losses 12 months or more	39,616	42,467
Total Fair Value	877,446	1,059,260
Total Unrealized Losses	41,163	42,546
Equity Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Fair Value Less than 12 months	0	0
Unrealized Losses Less than 12 months	0	0
Fair Value 12 months or more	0	0
Unrealized Losses 12 months or more	0	0
Total Fair Value	0	0
Total Unrealized Losses	0	0
Debt Securities [Member] | Puerto Rico Government Obligations [Member]
Schedule Of Available For Sale Securities [Line Items]
Fair Value Less than 12 months	0	0
Unrealized Losses Less than 12 months	0	0
Fair Value 12 months or more	36,314	42,335
Unrealized Losses 12 months or more	24,070	17,990
Total Fair Value	36,314	42,335
Total Unrealized Losses	24,070	17,990
Debt Securities [Member] | US States And Political Subdivisions Member [Member]
Schedule Of Available For Sale Securities [Line Items]
Fair Value Less than 12 months	4,999	46,436
Unrealized Losses Less than 12 months	0	74
Fair Value 12 months or more	261,252	257,996
Unrealized Losses 12 months or more	2,955	6,222
Total Fair Value	266,251	304,432
Total Unrealized Losses	2,955	6,296
Mortgage Backed Securities [Member] | Collateralized Mortgage Obligations Member
Schedule Of Available For Sale Securities [Line Items]
Fair Value Less than 12 months		0
Unrealized Losses Less than 12 months		0
Fair Value 12 months or more		0
Unrealized Losses 12 months or more		0
Total Fair Value		0
Total Unrealized Losses		0
Mortgage Backed Securities [Member] | Other-mortgage pass-through trust certificates [Member]
Schedule Of Available For Sale Securities [Line Items]
Fair Value Less than 12 months	0	0
Unrealized Losses Less than 12 months	0	0
Fair Value 12 months or more	31,716	33,536
Unrealized Losses 12 months or more	11,296	12,141
Total Fair Value	31,716	33,536
Total Unrealized Losses	11,296	12,141
Mortgage Backed Securities [Member] | Federal National Mortgage Association Certificates And Obligations F N M A [Member]
Schedule Of Available For Sale Securities [Line Items]
Fair Value Less than 12 months	311,339	2,038
Unrealized Losses Less than 12 months	1,195	5
Fair Value 12 months or more	99,932	541,642
Unrealized Losses 12 months or more	1,087	4,854
Total Fair Value	411,271	543,680
Total Unrealized Losses	2,282	4,859
Mortgage Backed Securities [Member] | Federal Home Loan Mortgage Corporation Certificates And Obligations F H L M C [Member]
Schedule Of Available For Sale Securities [Line Items]
Fair Value Less than 12 months	110,475	0
Unrealized Losses Less than 12 months	352	0
Fair Value 12 months or more	21,419	135,277
Unrealized Losses 12 months or more	208	1,260
Total Fair Value	131,894	135,277
Total Unrealized Losses	$560	$1,260

INVESTMENT_SECURITIES_OTTI_Los

INVESTMENT SECURITIES - OTTI Losses on Available-for-Sale Debt Securities (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Schedule Of Available For Sale Securities [Line Items]
Total other-than-temporary impairment losses	$0	$0
Net impairment losses recognized in earnings	156	0
Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Total other-than-temporary impairment losses	0	0
Portion of loss previously recognized in other comprehensive income	-156	0
Net impairment losses recognized in earnings	($156)	$0

INVESTMENT_SECURITIES_RollForw

INVESTMENT SECURITIES - Roll-Forward of Credit Losses on Debt Securities Held by Corporation (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Other Than Temporary Impairment Credit Losses Recognized In Earnings [Line Items]
Beginning balance of credit losses on debt securities held for which a portion of an OTTI was recognized in OCI	$5,777	$5,389
Additions:
Credit losses on debt securities for which an OTTI was previously recognized	156	0
Ending balance of credit losses on debt securities held for which a portion of an OTTI was recognized in OCI	$5,933	$5,389

INVESTMENT_SECURITIES_Signific

INVESTMENT SECURITIES - Significant Assumptions in Valuation of Private Label MBS (Detail)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Schedule Of Investments [Line Items]
Fair Value Inputs Discount Rate	14.50%	14.50%
Fair Value Inputs Prepayment Rate	31.56%	32.00%
Weighted Average, Projected Cumulative Loss Rate	7.30%	7.90%
Minimum [Member]
Schedule Of Investments [Line Items]
Fair Value Inputs Prepayment Rate	18.04%	19.89%
Weighted Average, Projected Cumulative Loss Rate	0.00%	0.64%
Maximum [Member]
Schedule Of Investments [Line Items]
Fair Value Inputs Prepayment Rate	100.00%	100.00%
Weighted Average, Projected Cumulative Loss Rate	80.00%	80.00%

OTHER_EQUITY_SECURITIES_Additi

OTHER EQUITY SECURITIES - Additional Information (Detail) (USD $)	3 Months Ended
In Millions, except Per Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Schedule Of Other Assets [Line Items]
Capital stock par value	$100
Book value of investment in FHLB stock	$25.50		$25.50
Dividend income from FHLB stock	0.3	0.3
Carrying value of other equity security	$0.70	$0.30

LOAN_PORTFOLIO_Loan_Portfolio_

LOAN PORTFOLIO - Loan Portfolio Held for Investment (Detail) (USD $)	Mar. 31, 2015		Dec. 31, 2014		Mar. 31, 2014
In Thousands, unless otherwise specified
Financial Information [Line Items]
Residential mortgage loans, mainly secured by first mortgages	$3,331,620		$3,011,187
Commercial loans:
Construction loans	124,440		123,480
Commercial mortgage loans	1,649,263		1,665,787
Commercial and Industrial loans	2,442,867	[1]	2,479,437	[1]
Loans to local financial institutions collateralized by real estate mortgages	0		0
Commercial loans	4,216,570		4,268,704
Finance leases	230,183		232,126
Consumer loans	1,706,999		1,750,419
Loans held for investment	9,485,372		9,262,436		9,566,785
Less: allowance for loan and lease losses	-226,064		-222,395
Loans held for investment, net	9,259,308		9,040,041
Commercial And Industrial [Member]
Commercial loans:
Loans held for investment	$2,442,867		$2,479,437
[1]	As of March 31, 2015 and December 31, 2014, includes $1.1 billion of commercial loans that are secured by real estate but are not dependent upon the real estate for repayment.

LOAN_PORTFOLIO_Loan_Portfolio_1

LOAN PORTFOLIO - Loan Portfolio Held for Investment (Parenthetical) (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Billions, unless otherwise specified
Financial Information [Line Items]
Commercian Loans Collaterized By Real Estate	$1.10	$1.10

LOAN_PORTFOLIO_Loans_Held_for_

LOAN PORTFOLIO - Loans Held for Investment on Which Accrual of Interest Income had been Discontinued (Detail) (USD $)	Mar. 31, 2015		Dec. 31, 2014
In Thousands, unless otherwise specified
Non-performing loans:
Total non-performing loans held for investment	$563,544	[1],[2],[3]	$523,896	[1],[2],[3]
Residential Mortgage [Member]
Non-performing loans:
Total non-performing loans held for investment	172,583		180,707
Commercial Mortgage [Member]
Non-performing loans:
Total non-performing loans held for investment	142,385		148,473
Commercial And Industrial [Member]
Non-performing loans:
Total non-performing loans held for investment	186,500		122,547
Consumer Auto Loans [Member]
Non-performing loans:
Total non-performing loans held for investment	19,043		22,276
Finance Leases [Member]
Non-performing loans:
Total non-performing loans held for investment	2,979		5,245
Consumer Retail Banking [Member]
Non-performing loans:
Total non-performing loans held for investment	12,891		15,294
Residential Construction [Member]
Non-performing loans:
Total non-performing loans held for investment	13,072		14,324
Commercial Construction [Member]
Non-performing loans:
Total non-performing loans held for investment	0		0
Land Construction [Member]
Non-performing loans:
Total non-performing loans held for investment	$14,091		$15,030
[1]	As of March 31, 2015 and December 31, 2014, excludes $54.6 million of non-performing loans held for sale.
[2]	Amount excludes purchased-credit impaired ("PCI") loans with a carrying value of approximately $181.1 million and $102.6 million as of March 31, 2015 and December 31, 2014, respectively, primarily mortgage loans acquired from Doral Bank in the first quarter of 2015 and second quarter of 2014, as further discussed below. These loans are not considered non-performing due to the application of the accretion method, under which these loans will accrete interest income over the remaining life of the loans using an estimated cash flow analysis.
[3]	Non-performing loans exclude $434.2 million and $494.6 million of Troubled Debt Restructuring ("TDR") loans that are in compliance with the modified terms and in accrual status as of March 31, 2015 and December 31, 2014, respectively.

LOAN_PORTFOLIO_Loans_Held_for_1

LOAN PORTFOLIO - Loans Held for Investment on Which Accrual of Interest Income had been Discontinued (Parenthetical) (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Accounts Notes And Loans Receivable [Line Items]
Loans held for sale	$81,723	$76,956
Non Accrual [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans held for sale	$54,600	$54,600

LOAN_PORTFOLIO_Corporations_Ag

LOAN PORTFOLIO - Corporation's Aging of Loans Held for Investment Portfolio (Detail) (USD $)	Mar. 31, 2015		Dec. 31, 2014		Mar. 31, 2014
In Thousands, unless otherwise specified
Accounts Notes And Loans Receivable [Line Items]
30-59 Days Past Due	$120,984		$118,154
60-89 Days, Past Due	128,454		139,659
90 days or more, Past Due	725,665	[1]	671,122	[2]
Total Past Due	975,103		928,935
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount Net	181,114		102,604
Financing Receivable, Current	8,329,155		8,230,897
Loans held for investment	9,485,372		9,262,436		9,566,785
90 days past due and still accruing	162,121	[3]	147,226	[4]
Fha Va And Other Government Guaranteed Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days Past Due	0	[3],[5],[6]	0	[4],[7]
60-89 Days, Past Due	8,200	[3],[5],[6]	9,733	[4],[7]
90 days or more, Past Due	96,086	[1],[3],[5],[6]	81,055	[4],[7]
Total Past Due	104,286	[3],[5],[6]	90,788	[4],[7]
Financing Receivable, Current	51,376	[3],[5],[6]	62,782	[4],[7]
Loans held for investment	155,662	[3],[5],[6]	153,570	[4],[7]
90 days past due and still accruing	96,086	[3],[5],[6]	81,055	[4],[7]
Residential Mortgage [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days Past Due	0	[5]	0	[8]
60-89 Days, Past Due	88,209	[5]	78,336	[8]
90 days or more, Past Due	191,014	[1],[5]	199,078	[2],[8]
Total Past Due	279,223	[5]	277,414	[8]
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount Net	177,601	[5]	98,494	[8]
Financing Receivable, Current	2,719,134	[5]	2,481,709	[8]
Loans held for investment	3,175,958	[5]	2,857,617	[8]
90 days past due and still accruing	18,431	[3],[5]	18,371	[4],[8]
Commercial And Industrial [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days Past Due	22,933		22,217
60-89 Days, Past Due	3,193		7,445
90 days or more, Past Due	207,063	[1]	143,928	[2]
Total Past Due	233,189		173,590
Financing Receivable, Current	2,209,678		2,305,847
Loans held for investment	2,442,867		2,479,437
90 days past due and still accruing	20,563	[3]	21,381	[4]
Commercial Mortgage Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days Past Due	0	[5]	0	[8]
60-89 Days, Past Due	1,564	[5]	15,482	[8]
90 days or more, Past Due	165,778	[1],[5]	171,281	[2],[8]
Total Past Due	167,342	[5]	186,763	[8]
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount Net	3,279	[5]	3,393	[8]
Financing Receivable, Current	1,478,642	[5]	1,475,631	[8]
Loans held for investment	1,649,263	[5]	1,665,787	[8]
90 days past due and still accruing	23,393	[3],[5]	22,808	[4],[8]
Auto loans [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days Past Due	76,721		77,385
60-89 Days, Past Due	18,548		19,665
90 days or more, Past Due	19,043	[1]	22,276	[2]
Total Past Due	114,312		119,326
Financing Receivable, Current	914,058		941,456
Loans held for investment	1,028,370		1,060,782
90 days past due and still accruing	0	[3]	0	[4]
Finance Leases [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days Past Due	10,975		8,751
60-89 Days, Past Due	2,893		2,734
90 days or more, Past Due	2,979	[1]	5,245	[2]
Total Past Due	16,847		16,730
Financing Receivable, Current	213,336		215,396
Loans held for investment	230,183		232,126
90 days past due and still accruing	0	[3]	0	[4]
Consumer Loan [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days Past Due	10,355		9,801
60-89 Days, Past Due	5,464		6,054
90 days or more, Past Due	16,339	[1]	18,671	[2]
Total Past Due	32,158		34,526
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount Net	234		717
Financing Receivable, Current	646,237		654,394
Loans held for investment	678,629		689,637
90 days past due and still accruing	3,448	[3]	3,377	[4]
Commercial Construction [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days Past Due	0		0
60-89 Days, Past Due	0		0
90 days or more, Past Due	0	[1]	0	[2]
Total Past Due	0		0
Financing Receivable, Current	27,456		24,562
Loans held for investment	27,456		24,562
90 days past due and still accruing	0	[3]	0	[4]
Residential Construction [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days Past Due	0	[5]	0	[8]
60-89 Days, Past Due	0	[5]	0	[8]
90 days or more, Past Due	13,072	[1],[5]	14,324	[2],[8]
Total Past Due	13,072	[5]	14,324	[8]
Financing Receivable, Current	29,722	[5]	28,673	[8]
Loans held for investment	42,794	[5]	42,997	[8]
90 days past due and still accruing	0	[3],[5]	0	[4],[8]
Land Construction [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days Past Due	0	[5]	0	[8]
60-89 Days, Past Due	383	[5]	210	[8]
90 days or more, Past Due	14,291	[1],[5]	15,264	[2],[8]
Total Past Due	14,674	[5]	15,474	[8]
Financing Receivable, Current	39,516	[5]	40,447	[8]
Loans held for investment	54,190	[5]	55,921	[8]
90 days past due and still accruing	$200	[3],[5]	$234	[4],[8]
[1]	Includes non-performing loans and accruing loans which are contractually delinquent 90 days or more (i.e., FHA/VA guaranteed loans and credit cards). Credit card loans continue to accrue finance charges fees until charged-off at 180 days.
[2]	Includes non-performing loans and accruing loans which are contractually delinquent 90 days or more (i.e. FHA/VA guaranteed loans and credit cards). Credit card loans continue to accrue finance charges and fees until charged-off at 180 days.
[3]	It is the Corporation's policy to report delinquent residential mortgage loans insured by the FHA or guaranteed by the VA as past-due loans 90 days and still accruing as opposed to non-performing loans since the principal repayment is insured. These balances include $30.1 million of residential mortgage loans insured by the FHA or guaranteed by the VA, which are over 18 months delinquent, and are no longer accruing interest as of March 31, 2015.
[4]	It is the Corporation's policy to report delinquent residential mortgage loans insured by the FHA or guaranteed by the VA as past-due loans 90 days and still accruing as opposed to non-performing loans since the principal repayment is insured. These balances include $40.4 million of residential mortgage loans insured by the FHA or guaranteed by the VA, which are over 18 months delinquent, and are no longer accruing interest as of December 31, 2014.
[5]	According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C) required by the Federal Reserve Board, residential mortgage, commercial mortgage, and construction loans are considered past due when the borrower is in arrears two or more monthly payments. FHA/VA government guaranteed loans, other residential mortgage loans, commercial mortgage loans, land loans and construction-residential loans past due 30-59 days as of March 31, 2015 amounted to $12.2 million, $177.4 million, $38.4 million, $6.1 million, and $1.6 million, respectively.
[6]	As of March 31, 2015, includes $26.2 million of defaulted loans collateralizing Government National Mortgage Association ("GNMA") securities for which the Corporation has an unconditional option (but not an obligation) to repurchase the defaulted loans.
[7]	As of December 31, 2014, includes $9.3 million of defaulted loans collateralizing GNMA securities for which the Corporation has an unconditional option (but not an obligation) to repurchase the defaulted loans.
[8]	According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C) required by the Federal Reserve Board, residential mortgage, commercial mortgage, and construction loans are considered past due when the borrower is in arrears two or more monthly payments. FHA/VA government guaranteed loans, other residential mortgage loans, commercial mortgage loans, land loans and construction-residential loans past due 30-59 days as of December 31, 2014 amounted to $14.0 million, $189.1 million, $20.8 million, $0.8 million and $1.0 million , respectively.

LOAN_PORTFOLIO_Corporations_Ag1

LOAN PORTFOLIO - Corporation's Aging of Loans Held for Investment Portfolio (Parenthetical) (Detail) (USD $)	3 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
	numberofpayments
Accounts Notes And Loans Receivable [Line Items]
Loans considered to be defaulted if borrower has failed to make payment for a period or more than the period	0 years 2 months 29 days	0 years 2 months 29 days
Period during which credit card loans continue to accrue finance charges and fees	0 years 5 months 27 days	0 years 5 months 27 days
Defaulted loans collateralizing Ginnie Mae (GNMA) securities	$26.20	$9.30
Minimum Number of Payments in Arrears to Consider Commercial Mortgage and Construction Loan as Past Due	2
Residential mortgage loans insured by FHA or guaranteed by the VA	30.1	40.4
Period of residential mortgage loan that are no longer accruing interest	1 year 6 months 0 days	1 year 6 months 0 days
Fha Va And Other Government Guaranteed Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days past due Mortgages	12.2	14
Residential Mortgage [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days past due Mortgages	177.4	189.1
Commercial Mortgage Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days past due Mortgages	38.4	20.8
Residential Construction [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days past due Mortgages	1.6	1
Land Construction [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days past due Mortgages	$6.10	$0.80

LOAN_PORTFOLIO_Corporations_Cr

LOAN PORTFOLIO - Corporation's Credit Quality Indicators by Loan (Detail) (USD $)	Mar. 31, 2015		Dec. 31, 2014
In Thousands, unless otherwise specified
Financing Receivable Recorded Investment [Line Items]
Commercial mortgage loans	$1,649,263		$1,665,787
Construction loans	124,440		123,480
Commercial and Industrial loans	2,442,867		2,479,437
Land	54,190		55,921
Residential Construction [Member]
Financing Receivable Recorded Investment [Line Items]
Construction loans	42,794		42,997
Commercial Construction [Member]
Financing Receivable Recorded Investment [Line Items]
Construction loans	27,456		24,562
Substandard [Member]
Financing Receivable Recorded Investment [Line Items]
Commercial mortgage loans	227,195		273,027
Commercial and Industrial loans	229,112		234,926
Land	15,930		16,915
Substandard [Member] | Residential Construction [Member]
Financing Receivable Recorded Investment [Line Items]
Construction loans	12,265		13,548
Substandard [Member] | Commercial Construction [Member]
Financing Receivable Recorded Investment [Line Items]
Construction loans	11,790		11,790
Doubtful [Member]
Financing Receivable Recorded Investment [Line Items]
Commercial mortgage loans	0		897
Commercial and Industrial loans	6,293		4,884
Land	0		0
Doubtful [Member] | Residential Construction [Member]
Financing Receivable Recorded Investment [Line Items]
Construction loans	808		776
Doubtful [Member] | Commercial Construction [Member]
Financing Receivable Recorded Investment [Line Items]
Construction loans	0		0
Unlikely To Be Collected Financing Receivable [Member]
Financing Receivable Recorded Investment [Line Items]
Commercial mortgage loans	0		0
Commercial and Industrial loans	789		801
Land	0		0
Unlikely To Be Collected Financing Receivable [Member] | Residential Construction [Member]
Financing Receivable Recorded Investment [Line Items]
Construction loans	0		0
Unlikely To Be Collected Financing Receivable [Member] | Commercial Construction [Member]
Financing Receivable Recorded Investment [Line Items]
Construction loans	0		0
Total Adversely Classified [Member]
Financing Receivable Recorded Investment [Line Items]
Commercial mortgage loans	227,195	[1]	273,924	[1]
Commercial and Industrial loans	236,194	[1]	240,611	[1]
Land	15,930	[1]	16,915	[1]
Total Adversely Classified [Member] | Residential Construction [Member]
Financing Receivable Recorded Investment [Line Items]
Construction loans	13,073	[1]	14,324	[1]
Total Adversely Classified [Member] | Commercial Construction [Member]
Financing Receivable Recorded Investment [Line Items]
Construction loans	$11,790	[1]	$11,790	[1]
[1]	Excludes $54.6 million ($7.8 million land, $39.1 million construction-commercial, $0.9 million construction-residential, and $ 6.8 million commercial mortgage) as of March 31, 2015 and December 31, 2014, of non-performing loans held for sale.

LOAN_PORTFOLIO_Credit_Risk_Pay

LOAN PORTFOLIO - Credit Risk Payment Activity (Detail) (USD $)	Mar. 31, 2015		Dec. 31, 2014		Mar. 31, 2014
In Thousands, unless otherwise specified
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	$9,485,372		$9,262,436		$9,566,785
Auto loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	1,028,370		1,060,782
Finance Leases [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	230,183		232,126
Residential Real Estate [Member] | Fhava Guaranteed Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	155,662	[1]	153,570	[2]
Residential Real Estate [Member] | Other Residential Mortgage Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	3,175,958		2,857,617
Residential Real Estate [Member] | Performing Financing Receivable [Member] | Fhava Guaranteed Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	155,662	[1]	153,570	[2]
Residential Real Estate [Member] | Performing Financing Receivable [Member] | Other Residential Mortgage Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	2,825,774		2,578,416
Residential Real Estate [Member] | Purchased Credit Impaired [Member] | Fhava Guaranteed Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	0	[1],[3]	0	[2],[3]
Residential Real Estate [Member] | Purchased Credit Impaired [Member] | Other Residential Mortgage Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	177,601	[3]	98,494	[3]
Residential Real Estate [Member] | Nonperforming Financing Receivable [Member] | Fhava Guaranteed Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	0	[1]	0	[2]
Residential Real Estate [Member] | Nonperforming Financing Receivable [Member] | Other Residential Mortgage Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	172,583		180,707
Consumer [Member] | Auto loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	1,028,370		1,060,782
Consumer [Member] | Finance Leases [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	230,183		232,126
Consumer [Member] | Other Consumer Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	678,629		689,637
Consumer [Member] | Performing Financing Receivable [Member] | Auto loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	1,009,327		1,038,506
Consumer [Member] | Performing Financing Receivable [Member] | Finance Leases [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	227,204		226,881
Consumer [Member] | Performing Financing Receivable [Member] | Other Consumer Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	665,504		673,626
Consumer [Member] | Purchased Credit Impaired [Member] | Auto loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	0	[3]	0	[3]
Consumer [Member] | Purchased Credit Impaired [Member] | Finance Leases [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	0	[3]	0	[3]
Consumer [Member] | Purchased Credit Impaired [Member] | Other Consumer Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	234	[3]	717	[3]
Consumer [Member] | Nonperforming Financing Receivable [Member] | Auto loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	19,043		22,276
Consumer [Member] | Nonperforming Financing Receivable [Member] | Finance Leases [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	2,979		5,245
Consumer [Member] | Nonperforming Financing Receivable [Member] | Other Consumer Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	$12,891		$15,294
[1]	B It is the Corporation's policy to report delinquent residential mortgage loans insured by the FHA or guaranteed by the VA as past due loans 90 days and still accruing as opposed to non-performing loans since the principal repayment is insured. These balances include $30.1 million of residential mortgage loans insured by the FHA or guaranteed by the VA, which are over 18 months delinquent, and are no longer accruing interest as of March 31, 2015.
[2]	B It is the Corporation's policy to report delinquent residential mortgage loans insured by the FHA or guaranteed by the VA as past due loans 90 days and still accruing as opposed to non-performing loans since the principal repayment is insured. These balances include $40.4 million of residential mortgage loans insured by the FHA or guaranteed by the VA, which are over 18 months delinquent, and are no longer accruing interest as of December 31, 2014.
[3]	PCI loans are excluded from non-performing statistics due to the application of the accretion method, under which these loan will accrete interest income over the remaining life of the loans using estimated cash flow analysis.

LOAN_PORTFOLIO_Credit_Risk_Pay1

LOAN PORTFOLIO - Credit Risk Payment Activity (Parenthetical) (Detail) (USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014
Financing Receivable Recorded Investment [Line Items]
Residential mortgage loans insured by FHA or guaranteed by the VA	$30,100,000	$40,400,000
Period of residential mortgage loan that are no longer accruing interest	1 year 6 months 0 days	1 year 6 months 0 days
Loans considered to be defaulted if borrower has failed to make payment for a period or more than the period	0 years 2 months 29 days	0 years 2 months 29 days
Loans held for sale	81,723,000	76,956,000
Non Accrual [Member]
Financing Receivable Recorded Investment [Line Items]
Loans held for sale	54,600,000	54,600,000
Non Accrual [Member] | Commercial Construction [Member]
Financing Receivable Recorded Investment [Line Items]
Loans held for sale	39,100,000	39,100,000
Non Accrual [Member] | Residential Construction [Member]
Financing Receivable Recorded Investment [Line Items]
Loans held for sale	900,000	900,000
Non Accrual [Member] | Land Construction [Member]
Financing Receivable Recorded Investment [Line Items]
Loans held for sale	7,800,000	7,800,000
Non Accrual [Member] | Commercial mortgage [Member]
Financing Receivable Recorded Investment [Line Items]
Loans held for sale		$6,800,000	$6,800,000

LOAN_PORTFOLIO_Impaired_loans_

LOAN PORTFOLIO - Impaired loans (Detail) (USD $)	3 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	$207,240		$238,812
Unpaid Principal Balance with no Related Allowance	245,462		281,868
Average Recorded Investment No Related Allowance	210,284		246,473
Interest Income with no Related Allowance Accrual Basis	684
Interest Income with No Related Allowance Cash Basis	730
Recorded Investment with Related Allowance	747,741		706,595
Unpaid Principal Balance with Related Allowance	854,272		803,716
Related Allowance	62,140	85,016	55,205	102,601
Average Recorded Investment With Related Allowance	753,876		724,143
Interest Income with Related Allowance Accrual Basis	7,553
Interest Income with Realted Allowance Cash Basis	748
Recorded Investment	954,981	879,388	945,407	919,112
Unpaid Principal Balance	1,099,734		1,085,584
Average Recorded Investments	964,160		970,616
Interest Income on Impaired Loans Accrual Basis	8,237	5,900
Interest Income on Impaired Loans Cash Basis	1,478	1,700
Fhava Guaranteed Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	0		0
Unpaid Principal Balance with no Related Allowance	0		0
Average Recorded Investment No Related Allowance	0		0
Interest Income with no Related Allowance Accrual Basis	0
Interest Income with No Related Allowance Cash Basis	0
Recorded Investment with Related Allowance	0		0
Unpaid Principal Balance with Related Allowance	0		0
Related Allowance	0		0
Average Recorded Investment With Related Allowance	0		0
Interest Income with Related Allowance Accrual Basis	0
Interest Income with Realted Allowance Cash Basis	0
Recorded Investment	0		0
Unpaid Principal Balance	0		0
Average Recorded Investments	0		0
Interest Income on Impaired Loans Accrual Basis	0
Interest Income on Impaired Loans Cash Basis	0
Other Residential Mortgage Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	62,337		74,177
Unpaid Principal Balance with no Related Allowance	68,263		80,522
Average Recorded Investment No Related Allowance	63,040		75,711
Interest Income with no Related Allowance Accrual Basis	199
Interest Income with No Related Allowance Cash Basis	79
Recorded Investment with Related Allowance	367,189		350,067
Unpaid Principal Balance with Related Allowance	416,579		396,203
Related Allowance	14,862		10,854
Average Recorded Investment With Related Allowance	368,999		357,129
Interest Income with Related Allowance Accrual Basis	4,224
Interest Income with Realted Allowance Cash Basis	414
Recorded Investment	429,526		424,244
Unpaid Principal Balance	484,842		476,725
Average Recorded Investments	432,039		432,840
Interest Income on Impaired Loans Accrual Basis	4,423
Interest Income on Impaired Loans Cash Basis	493
Commercial Mortgage Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	100,797		109,271
Unpaid Principal Balance with no Related Allowance	120,956		132,170
Average Recorded Investment No Related Allowance	101,196		113,674
Interest Income with no Related Allowance Accrual Basis	406
Interest Income with No Related Allowance Cash Basis	425
Recorded Investment with Related Allowance	123,568		101,467
Unpaid Principal Balance with Related Allowance	143,090		116,329
Related Allowance	13,238		14,289
Average Recorded Investment With Related Allowance	124,701		104,191
Interest Income with Related Allowance Accrual Basis	475
Interest Income with Realted Allowance Cash Basis	279
Recorded Investment	224,365		210,738
Unpaid Principal Balance	264,046		248,499
Average Recorded Investments	225,897		217,865
Interest Income on Impaired Loans Accrual Basis	881
Interest Income on Impaired Loans Cash Basis	704
Commercial And Industrial Loan [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	32,080		41,131
Unpaid Principal Balance with no Related Allowance	36,975		47,647
Average Recorded Investment No Related Allowance	33,802		42,011
Interest Income with no Related Allowance Accrual Basis	18
Interest Income with No Related Allowance Cash Basis	200
Recorded Investment with Related Allowance	194,576		195,240
Unpaid Principal Balance with Related Allowance	227,417		226,431
Related Allowance	24,871		21,314
Average Recorded Investment With Related Allowance	196,896		198,930
Interest Income with Related Allowance Accrual Basis	1,950
Interest Income with Realted Allowance Cash Basis	43
Recorded Investment	226,656		236,371
Unpaid Principal Balance	264,392		274,078
Average Recorded Investments	230,698		240,941
Interest Income on Impaired Loans Accrual Basis	1,968
Interest Income on Impaired Loans Cash Basis	243
Construction Loans [Member]
Financing Receivable Impaired [Line Items]
Related Allowance	3,381	15,154
Recorded Investment	37,593	58,636
Consumer Auto Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	562		0
Unpaid Principal Balance with no Related Allowance	562		0
Average Recorded Investment No Related Allowance	562		0
Interest Income with no Related Allowance Accrual Basis	10
Interest Income with No Related Allowance Cash Basis	0
Recorded Investment with Related Allowance	16,986		16,991
Unpaid Principal Balance with Related Allowance	16,986		16,991
Related Allowance	3,058		2,787
Average Recorded Investment With Related Allowance	17,472		18,504
Interest Income with Related Allowance Accrual Basis	328
Interest Income with Realted Allowance Cash Basis	0
Recorded Investment	17,548		16,991
Unpaid Principal Balance	17,548		16,991
Average Recorded Investments	18,034		18,504
Interest Income on Impaired Loans Accrual Basis	338
Interest Income on Impaired Loans Cash Basis	0
Finance Leases [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	0		0
Unpaid Principal Balance with no Related Allowance	0		0
Average Recorded Investment No Related Allowance	0		0
Interest Income with no Related Allowance Accrual Basis	0
Interest Income with No Related Allowance Cash Basis	0
Recorded Investment with Related Allowance	2,053		2,181
Unpaid Principal Balance with Related Allowance	2,053		2,181
Related Allowance	186		253
Average Recorded Investment With Related Allowance	2,137		2,367
Interest Income with Related Allowance Accrual Basis	48
Interest Income with Realted Allowance Cash Basis	0
Recorded Investment	2,053		2,181
Unpaid Principal Balance	2,053		2,181
Average Recorded Investments	2,137		2,367
Interest Income on Impaired Loans Accrual Basis	48
Interest Income on Impaired Loans Cash Basis	0
Other Consumer Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	3,229		3,778
Unpaid Principal Balance with no Related Allowance	4,634		5,072
Average Recorded Investment No Related Allowance	3,268		3,924
Interest Income with no Related Allowance Accrual Basis	10
Interest Income with No Related Allowance Cash Basis	26
Recorded Investment with Related Allowance	14,011		11,637
Unpaid Principal Balance with Related Allowance	14,259		12,136
Related Allowance	2,544		3,131
Average Recorded Investment With Related Allowance	14,266		12,291
Interest Income with Related Allowance Accrual Basis	382
Interest Income with Realted Allowance Cash Basis	3
Recorded Investment	17,240		15,415
Unpaid Principal Balance	18,893		17,208
Average Recorded Investments	17,534		16,215
Interest Income on Impaired Loans Accrual Basis	392
Interest Income on Impaired Loans Cash Basis	29
Commercial Construction [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	0		0
Unpaid Principal Balance with no Related Allowance	0		0
Average Recorded Investment No Related Allowance	0		0
Interest Income with no Related Allowance Accrual Basis	0
Interest Income with No Related Allowance Cash Basis	0
Recorded Investment with Related Allowance	11,790		11,790
Unpaid Principal Balance with Related Allowance	11,790		11,790
Related Allowance	1,145		790
Average Recorded Investment With Related Allowance	11,790		11,867
Interest Income with Related Allowance Accrual Basis	128
Interest Income with Realted Allowance Cash Basis	0
Recorded Investment	11,790		11,790
Unpaid Principal Balance	11,790		11,790
Average Recorded Investments	11,790		11,867
Interest Income on Impaired Loans Accrual Basis	128
Interest Income on Impaired Loans Cash Basis	0
Residential Construction [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	6,762		7,461
Unpaid Principal Balance with no Related Allowance	9,346		10,100
Average Recorded Investment No Related Allowance	6,943		8,123
Interest Income with no Related Allowance Accrual Basis	41
Interest Income with No Related Allowance Cash Basis	0
Recorded Investment with Related Allowance	8,213		8,102
Unpaid Principal Balance with Related Allowance	8,917		8,834
Related Allowance	1,016		993
Average Recorded Investment With Related Allowance	8,202		8,130
Interest Income with Related Allowance Accrual Basis	3
Interest Income with Realted Allowance Cash Basis	0
Recorded Investment	14,975		15,563
Unpaid Principal Balance	18,263		18,934
Average Recorded Investments	15,145		16,253
Interest Income on Impaired Loans Accrual Basis	44
Interest Income on Impaired Loans Cash Basis	0
Land Construction [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	1,473		2,994
Unpaid Principal Balance with no Related Allowance	4,726		6,357
Average Recorded Investment No Related Allowance	1,473		3,030
Interest Income with no Related Allowance Accrual Basis	0
Interest Income with No Related Allowance Cash Basis	0
Recorded Investment with Related Allowance	9,355		9,120
Unpaid Principal Balance with Related Allowance	13,181		12,821
Related Allowance	1,220		794
Average Recorded Investment With Related Allowance	9,413		10,734
Interest Income with Related Allowance Accrual Basis	15
Interest Income with Realted Allowance Cash Basis	9
Recorded Investment	10,828		12,114
Unpaid Principal Balance	17,907		19,178
Average Recorded Investments	10,886		13,764
Interest Income on Impaired Loans Accrual Basis	15
Interest Income on Impaired Loans Cash Basis	$9

LOAN_PORTFOLIO_Additional_Info

LOAN PORTFOLIO - Additional Information (Detail) (USD $)	1 Months Ended	3 Months Ended
	Feb. 27, 2015	Mar. 31, 2015		Mar. 31, 2014	Dec. 31, 2014
Accounts Notes And Loans Receivable [Line Items]
Interest Income Impaired Loans				$7,600,000
Interest Income on Impaired Loans Accrual Basis		8,237,000		5,900,000
Contractually outstanding principal and interest at acquisition		226,700,000			135,500,000
Securitization of mortgage loans into mortgage backed securities		46,900,000
Total gross loans held for investment portfolio		9,485,372,000		9,566,785,000	9,262,436,000
Outstanding of credit facilities granted					308,000,000
Loans to local financial institutions collateralized by real estate mortgages		0			0
Total TDR loans		705,123,000	[1]	622,320,000	694,453,000	[2]
Outstanding unfunded commitments on TDR loans		47,000
Provsion of PCI Loans		0
Loans held for sale		81,723,000			76,956,000
Non Sop Unpaid Principal Balance		227,900,000
Proceeds From Sale Of Loans Held For Investment		2,230,000		16,558,000
Discount On Loans Acquired Percentage	9.00%
Discount On Loans Acquired Amount	29,000,000
Puerto Rico Government and Political Subdivisions [Member]
Accounts Notes And Loans Receivable [Line Items]
Outstanding of credit facilities granted		201,300,000
Public Corporations [Member]
Accounts Notes And Loans Receivable [Line Items]
Outstanding of credit facilities granted		95,900,000
Government [Member]
Accounts Notes And Loans Receivable [Line Items]
Outstanding of credit facilities granted		24,500,000
Puerto Rico Tourism Development Fund [Member]
Accounts Notes And Loans Receivable [Line Items]
Outstanding of credit facilities granted		132,500,000			133,300,000
Puerto Rico Electric PowerAuthority [Member]
Accounts Notes And Loans Receivable [Line Items]
Outstanding of credit facilities granted		75,000,000
GNMA
Accounts Notes And Loans Receivable [Line Items]
Loans repurchased		3,000,000
FNMA and FHLMC
Accounts Notes And Loans Receivable [Line Items]
Loans repurchased		200,000
Government Guaranteed Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Financing Receivable Significant Sales		38,400,000
Total TDR loans		65,700,000
Loans in trial [Member]
Accounts Notes And Loans Receivable [Line Items]
Total TDR loans		11,500,000
Non Accrual [Member]
Accounts Notes And Loans Receivable [Line Items]
Total TDR loans		270,924,000	[3],[4]		199,813,000	[5],[6]
Troubled Debt Restructurings [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans held for sale					45,700,000
Loans Split [Member]
Accounts Notes And Loans Receivable [Line Items]
Total TDR loans		42,907,000		78,833,000
Non Fha Va Residential Mortgage Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Financing Receivable Significant Purchases		23,800,000
Total TDR loans		354,094,000			349,775,000
Commercial And Industrial Loan [Member]
Accounts Notes And Loans Receivable [Line Items]
Total TDR loans		166,736,000			171,926,000
Payments To Acquire Loans Held For Investment		21,100,000
Commercial Mortgage Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Total TDR loans		136,780,000			127,766,000
Commercial Construction [Member]
Accounts Notes And Loans Receivable [Line Items]
Total TDR loans		0			0
Residential Construction [Member]
Accounts Notes And Loans Receivable [Line Items]
Total TDR loans		10,060,000			10,037,000
Land Construction [Member]
Accounts Notes And Loans Receivable [Line Items]
Total TDR loans		2,477,000			2,470,000
Residential Mortgage [Member]
Accounts Notes And Loans Receivable [Line Items]
Total gross loans held for investment portfolio		3,331,620,000		2,548,101,000
Troubled Debt Restructurings [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans held for sale		45,700,000
Loans Split [Member]
Accounts Notes And Loans Receivable [Line Items]
Financing receivable loans restructured recorded investment accruals		41,200,000
Non Fha Va Residential Mortgage Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Total TDR loans		354,094,000			349,775,000
Non Fha Va Residential Mortgage Loans [Member] | Non Accrual [Member]
Accounts Notes And Loans Receivable [Line Items]
Total TDR loans		80,204,000	[3],[4]		82,965,000	[5],[6]
Commercial And Industrial Loan [Member]
Accounts Notes And Loans Receivable [Line Items]
Interest Income on Impaired Loans Accrual Basis		1,968,000
Total TDR loans		166,736,000			171,926,000
Classified and non-performing loans sold		3,500,000
Commercial And Industrial Loan [Member] | Non Accrual [Member]
Accounts Notes And Loans Receivable [Line Items]
Total TDR loans		111,342,000	[3],[4]		40,382,000	[5],[6]
Commercial Mortgage Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Interest Income on Impaired Loans Accrual Basis		881,000
Total TDR loans		136,780,000			127,766,000
Commercial Mortgage Loans [Member] | Non Accrual [Member]
Accounts Notes And Loans Receivable [Line Items]
Total TDR loans		61,239,000	[3],[4]		58,392,000	[5],[6]
Construction Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Total gross loans held for investment portfolio		124,440,000		152,579,000
Total TDR loans		12,500,000
Consumer Loan [Member]
Accounts Notes And Loans Receivable [Line Items]
Total gross loans held for investment portfolio		1,937,182,000		2,072,252,000
Total TDR loans		35,000,000
Commercial Construction [Member]
Accounts Notes And Loans Receivable [Line Items]
Interest Income on Impaired Loans Accrual Basis		128,000
Total TDR loans		0			0
Commercial Construction [Member] | Non Accrual [Member]
Accounts Notes And Loans Receivable [Line Items]
Total TDR loans		0	[3],[4]		0	[5],[6]
Residential Construction [Member]
Accounts Notes And Loans Receivable [Line Items]
Interest Income on Impaired Loans Accrual Basis		44,000
Total TDR loans		10,060,000			10,037,000
Residential Construction [Member] | Non Accrual [Member]
Accounts Notes And Loans Receivable [Line Items]
Total TDR loans		6,588,000	[3],[4]		6,589,000	[5],[6]
Land Construction [Member]
Accounts Notes And Loans Receivable [Line Items]
Interest Income on Impaired Loans Accrual Basis		15,000
Total TDR loans		2,477,000			2,470,000
Land Construction [Member] | Non Accrual [Member]
Accounts Notes And Loans Receivable [Line Items]
Total TDR loans		1,698,000	[3],[4]		1,636,000	[5],[6]
In Process Of Foreclosure [Member]
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment Amount In Consumer Mortgage Loans Collateralized By Residential Real Estate Property		161,100,000
P R
Accounts Notes And Loans Receivable [Line Items]
Credit risk concentration		83.00%
Outstanding of credit facilities granted		321,700,000
Line of credit facility provided to fund unfunded commitments		335,700,000
V I
Accounts Notes And Loans Receivable [Line Items]
Credit risk concentration		6.00%
Outstanding of credit facilities granted		61,000,000			57,700,000
U S
Accounts Notes And Loans Receivable [Line Items]
Credit risk concentration		11.00%
Credit Impaired Loans [Member] | Residential Mortgage [Member]
Accounts Notes And Loans Receivable [Line Items]
Financing Receivable Recorded Investment 30 To 59 Days Past Due Mortgage		32,000,000
Credit Impaired Loans [Member] | Residential Mortgage [Member]
Accounts Notes And Loans Receivable [Line Items]
Financing Receivable Recorded Investment 30 To 59 Days Past Due Mortgage					16,600,000
Credit Impaired Loans [Member] | Commercial Mortgage Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Financing Receivable Recorded Investment 30 To 59 Days Past Due Mortgage		$300,000			$8,800,000
[1]	Excludes TDRs held for sale amounting to $45.7 million as of March 31, 2015.
[2]	Excludes TDRs held for sale amounting to $45.7 million as of December 31, 2014.
[3]	Included in non-accrual loans are $121.9 million in loans that are performing under the terms of a restructuring agreement but are reported in non-accrual status until the restructured loans meet the criteria of sustained payment performance under the revised terms for reinstatement to accrual status and there is no doubt about full collectability.
[4]	Excludes non-accrual TDRs held for sale with a carrying value of $45.7 million as of March 31, 2015.
[5]	Included in non-accrual loans are $52.8 million in loans that are performing under the terms of a restructuring agreement but are reported in non-accrual status until the restructured loans meet the criteria of sustained payment performance under the revised terms for reinstatement to accrual status and there is no doubt about full collectability.
[6]	Excludes non-accrual TDRs held for sale with a carrying value of $45.7 million as of December 31, 2014.

LOAN_PORTFOLIO_Activity_for_Im

LOAN PORTFOLIO - Activity for Impaired Loans (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Impaired Loans:
Balance at beginning of period	$945,407	$919,112
Loans determined impaired during the period	62,933	54,277
Charge-offs	-11,715	-32,039
Loans sold, net charge-offs	-1,137	0
Increases to impaired loans (disbursements)	519	625
Foreclosures	-9,952	-4,006
Loans no longer considered impaired	-9,898	-3,728
Paid in full or partial payments	-21,176	-54,853
Balance at end of period	$954,981	$879,388

LOAN_PORTFOLIO_Activity_for_Sp

LOAN PORTFOLIO - Activity for Specific Reserve (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Specific Reserve:
Balance at beginning of period	$55,205	$102,601
Provision for loan losses	18,650	14,454
Charge-offs	-11,715	-32,039
Balance at end of period	$62,140	$85,016

LOAN_PORTFOLIO_Contractually_R

LOAN PORTFOLIO - Contractually Required Principal and Interest Cash Flows Expected to be Collected and Fair Value at Acquisition Related to Loans Acquired (Detail) (USD $)	Mar. 31, 2015		Feb. 27, 2015
In Thousands, unless otherwise specified
Financing Receivable Impaired [Line Items]
Contractually outstanding principal and interest at acquisition			$166,947
Less: Nonaccretable difference			48,739
Cash flows expected to be collected at acquisition			118,208
Less: Accretable yield	38,319
Fair value of loans acquired	$79,889	[1]
[1]	Amounts are preliminary estimates based on the best information available at the acquisition date and adjustments in future quarters may occur up to one year from the date of acquisition.

LOAN_PORTFOLIO_Carrying_Value_

LOAN PORTFOLIO- Carrying Value of Purchased Credit Impaired Loans (Detail) (USD $)	Mar. 31, 2015		Dec. 31, 2014
In Thousands, unless otherwise specified
Financing Receivable Impaired [Line Items]
Purchased Credit Impaired Loans	$181,114		$102,604
Residential Mortgage Loans [Member]
Financing Receivable Impaired [Line Items]
Purchased Credit Impaired Loans	177,601	[1]	98,494	[2]
Commercial Mortgage Loans [Member]
Financing Receivable Impaired [Line Items]
Purchased Credit Impaired Loans	3,279	[1]	3,393	[2]
Consumer Credit Card Financing Receivable [Member]
Financing Receivable Impaired [Line Items]
Purchased Credit Impaired Loans	$234		$717
[1]	According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C) required by the Federal Reserve Board, residential mortgage, commercial mortgage, and construction loans are considered past due when the borrower is in arrears two or more monthly payments. FHA/VA government guaranteed loans, other residential mortgage loans, commercial mortgage loans, land loans and construction-residential loans past due 30-59 days as of March 31, 2015 amounted to $12.2 million, $177.4 million, $38.4 million, $6.1 million, and $1.6 million, respectively.
[2]	According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C) required by the Federal Reserve Board, residential mortgage, commercial mortgage, and construction loans are considered past due when the borrower is in arrears two or more monthly payments. FHA/VA government guaranteed loans, other residential mortgage loans, commercial mortgage loans, land loans and construction-residential loans past due 30-59 days as of December 31, 2014 amounted to $14.0 million, $189.1 million, $20.8 million, $0.8 million and $1.0 million , respectively.

LOAN_PORTFOLIO_Corporations_Ag2

LOAN PORTFOLIO- Corporation's Aging of Purchased Credit Impaired Loans (Detail) (USD $)	Mar. 31, 2015		Dec. 31, 2014		Mar. 31, 2014
In Thousands, unless otherwise specified
Accounts Notes And Loans Receivable [Line Items]
30-59 Days Past Due	$120,984		$118,154
60-89 Days, Past Due	128,454		139,659
90 days or more, Past Due	725,665	[1]	671,122	[2]
Total Past Due	975,103		928,935
Financing Receivable, Current	8,329,155		8,230,897
Loans held for investment	9,485,372		9,262,436		9,566,785
90 days past due and still accruing	162,121	[3]	147,226	[4]
Purchased Credit Impaired Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days Past Due	22		47
60-89 Days, Past Due	13,702		12,952
90 days or more, Past Due	16,450		15,661
Total Past Due	30,174		28,660
Financing Receivable, Current	150,940		73,944
Loans held for investment	181,114		102,604
Residential Mortgage [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days Past Due	0	[5]	0	[6]
60-89 Days, Past Due	88,209	[5]	78,336	[6]
90 days or more, Past Due	191,014	[1],[5]	199,078	[2],[6]
Total Past Due	279,223	[5]	277,414	[6]
Financing Receivable, Current	2,719,134	[5]	2,481,709	[6]
Loans held for investment	3,175,958	[5]	2,857,617	[6]
90 days past due and still accruing	18,431	[3],[5]	18,371	[4],[6]
Residential Mortgage [Member] | Purchased Credit Impaired Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days Past Due	0	[7]	0	[8]
60-89 Days, Past Due	13,572	[7]	12,571	[8]
90 days or more, Past Due	15,775	[7]	15,176	[8]
Total Past Due	29,347	[7]	27,747	[8]
Financing Receivable, Current	148,254	[7]	70,747	[8]
Loans held for investment	177,601	[7]	98,494	[8]
Commercial Mortgage Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days Past Due	0	[5]	0	[6]
60-89 Days, Past Due	1,564	[5]	15,482	[6]
90 days or more, Past Due	165,778	[1],[5]	171,281	[2],[6]
Total Past Due	167,342	[5]	186,763	[6]
Financing Receivable, Current	1,478,642	[5]	1,475,631	[6]
Loans held for investment	1,649,263	[5]	1,665,787	[6]
90 days past due and still accruing	23,393	[3],[5]	22,808	[4],[6]
Commercial Mortgage Loans [Member] | Purchased Credit Impaired Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days Past Due	0	[7]	0	[8]
60-89 Days, Past Due	130	[7]	356	[8]
90 days or more, Past Due	653	[7]	443	[8]
Total Past Due	783	[7]	799	[8]
Financing Receivable, Current	2,496	[7]	2,594	[8]
Loans held for investment	3,279	[7]	3,393	[8]
Consumer Credit Card Financing Receivable [Member] | Purchased Credit Impaired Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days Past Due	22		47
60-89 Days, Past Due	0		25
90 days or more, Past Due	22		42
Total Past Due	44		114
Financing Receivable, Current	190		603
Loans held for investment	$234		$717
[1]	Includes non-performing loans and accruing loans which are contractually delinquent 90 days or more (i.e., FHA/VA guaranteed loans and credit cards). Credit card loans continue to accrue finance charges fees until charged-off at 180 days.
[2]	Includes non-performing loans and accruing loans which are contractually delinquent 90 days or more (i.e. FHA/VA guaranteed loans and credit cards). Credit card loans continue to accrue finance charges and fees until charged-off at 180 days.
[3]	It is the Corporation's policy to report delinquent residential mortgage loans insured by the FHA or guaranteed by the VA as past-due loans 90 days and still accruing as opposed to non-performing loans since the principal repayment is insured. These balances include $30.1 million of residential mortgage loans insured by the FHA or guaranteed by the VA, which are over 18 months delinquent, and are no longer accruing interest as of March 31, 2015.
[4]	It is the Corporation's policy to report delinquent residential mortgage loans insured by the FHA or guaranteed by the VA as past-due loans 90 days and still accruing as opposed to non-performing loans since the principal repayment is insured. These balances include $40.4 million of residential mortgage loans insured by the FHA or guaranteed by the VA, which are over 18 months delinquent, and are no longer accruing interest as of December 31, 2014.
[5]	According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C) required by the Federal Reserve Board, residential mortgage, commercial mortgage, and construction loans are considered past due when the borrower is in arrears two or more monthly payments. FHA/VA government guaranteed loans, other residential mortgage loans, commercial mortgage loans, land loans and construction-residential loans past due 30-59 days as of March 31, 2015 amounted to $12.2 million, $177.4 million, $38.4 million, $6.1 million, and $1.6 million, respectively.
[6]	According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C) required by the Federal Reserve Board, residential mortgage, commercial mortgage, and construction loans are considered past due when the borrower is in arrears two or more monthly payments. FHA/VA government guaranteed loans, other residential mortgage loans, commercial mortgage loans, land loans and construction-residential loans past due 30-59 days as of December 31, 2014 amounted to $14.0 million, $189.1 million, $20.8 million, $0.8 million and $1.0 million , respectively.
[7]	According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C) required by the Federal Reserve Board, residential mortgage and commercial mortgage loans are considered past due when the borrower is in arrears two or more monthly payments. PCI residential mortgage loans and commercial mortgage loans past due 30-59 days as of March 31, 2015 amounted to $32.0 million and $0.3 million, respectively.
[8]	According to the Corporation's delinquency policy and consistent with the instructions for the preparation of the Consolidated Financial Statements for Bank Holding Companies (FR Y-9C) required by the Federal Reserve Board, residential mortgage and commercial mortgage loans are considered past due when the borrower is in arrears two or more monthly payments. PCI residential mortgage loans and commercial mortgage loans past due 30-59 days as of December 31, 2014 amounted to $16.6 million and $0.8 million, respectively.

LOAN_PORTFOLIO_Accretable_Yiel

LOAN PORTFOLIO - Accretable Yield Related to Purchased Credit Impaired Loans (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Accretable Yield [Line Items]
Accretable yield at acquisition	$82,460	$0
Additions	38,319	0
Reclassification to nonaccretable	0	0
Accretion recognized in earnings	-2,277	0
Accretable yield at the end of the period	$118,502	$0

LOAN_PORTFOLIO_Changes_in_Carr

LOAN PORTFOLIO -Changes in Carrying Amount Of Purchased Credit Impaired Loans (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Financing Receivable Impaired [Line Items]
Beggining balance: purchased credit-impaired loans	$102,604
Purchased Credit Impaired Loans Aquired	79,889
Accretion	2,277	0
Sop Collections	3,656
Ending balance: purchased credit-impaired loans	$181,114

LOAN_PORTFOLIO_Selected_Inform

LOAN PORTFOLIO - Selected Information on TDRs Includes Recorded Investment by Loan Class and Modification Type (Detail) (USD $)	Mar. 31, 2015		Dec. 31, 2014		Mar. 31, 2014
In Thousands, unless otherwise specified
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	$705,123	[1]	$694,453	[2]	$622,320
Interest Rate Below Market [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	63,613	[1]	68,455	[2]
Maturity of Term Extension [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	97,567	[1]	100,662	[2]
Combination of reduction in interest rate and extension of maturity [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	416,663	[1]	415,187	[2]
Forgiveness of principal and/or interest [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	3,436	[1]	3,517	[2]
Other [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	123,844	[1],[3]	106,632	[2],[4]
Non Fha Va Residential Mortgage Loans [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	354,094		349,775
Non Fha Va Residential Mortgage Loans [Member] | Interest Rate Below Market [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	26,039		24,850
Non Fha Va Residential Mortgage Loans [Member] | Maturity of Term Extension [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	5,206		5,859
Non Fha Va Residential Mortgage Loans [Member] | Combination of reduction in interest rate and extension of maturity [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	281,824		283,317
Non Fha Va Residential Mortgage Loans [Member] | Forgiveness of principal and/or interest [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	0		0
Non Fha Va Residential Mortgage Loans [Member] | Other [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	41,025	[3]	35,749	[4]
Commercial Mortgage Loans [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	136,780		127,766
Commercial Mortgage Loans [Member] | Interest Rate Below Market [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	26,952		29,881
Commercial Mortgage Loans [Member] | Maturity of Term Extension [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	12,685		12,737
Commercial Mortgage Loans [Member] | Combination of reduction in interest rate and extension of maturity [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	73,956		72,493
Commercial Mortgage Loans [Member] | Forgiveness of principal and/or interest [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	0		0
Commercial Mortgage Loans [Member] | Other [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	23,187	[3]	12,655	[4]
Commercial And Industrial Loan [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	166,736		171,926
Commercial And Industrial Loan [Member] | Interest Rate Below Market [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	4,431		7,533
Commercial And Industrial Loan [Member] | Maturity of Term Extension [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	78,171		80,642
Commercial And Industrial Loan [Member] | Combination of reduction in interest rate and extension of maturity [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	30,830		31,553
Commercial And Industrial Loan [Member] | Forgiveness of principal and/or interest [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	3,057		3,074
Commercial And Industrial Loan [Member] | Other [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	50,247	[3]	49,124	[4]
Consumer Auto Loans [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	17,547		16,991
Consumer Auto Loans [Member] | Interest Rate Below Market [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	0		0
Consumer Auto Loans [Member] | Maturity of Term Extension [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	324		380
Consumer Auto Loans [Member] | Combination of reduction in interest rate and extension of maturity [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	10,736		10,363
Consumer Auto Loans [Member] | Forgiveness of principal and/or interest [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	0		0
Consumer Auto Loans [Member] | Other [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	6,487	[3]	6,248	[4]
Finance Leases [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	2,053		2,181
Finance Leases [Member] | Interest Rate Below Market [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	0		0
Finance Leases [Member] | Maturity of Term Extension [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	285		376
Finance Leases [Member] | Combination of reduction in interest rate and extension of maturity [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	1,768		1,805
Finance Leases [Member] | Forgiveness of principal and/or interest [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	0		0
Finance Leases [Member] | Other [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	0	[3]	0	[4]
Other Consumer Loans [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	15,376		13,307
Other Consumer Loans [Member] | Interest Rate Below Market [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	37		37
Other Consumer Loans [Member] | Maturity of Term Extension [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	317		129
Other Consumer Loans [Member] | Combination of reduction in interest rate and extension of maturity [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	12,774		10,812
Other Consumer Loans [Member] | Forgiveness of principal and/or interest [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	379		443
Other Consumer Loans [Member] | Other [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	1,869	[3]	1,886	[4]
Commercial Construction [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	0		0
Commercial Construction [Member] | Interest Rate Below Market [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	0		0
Commercial Construction [Member] | Maturity of Term Extension [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	0		0
Commercial Construction [Member] | Combination of reduction in interest rate and extension of maturity [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	0		0
Commercial Construction [Member] | Forgiveness of principal and/or interest [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	0		0
Commercial Construction [Member] | Other [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	0	[3]	0	[4]
Residential Construction [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	10,060		10,037
Residential Construction [Member] | Interest Rate Below Market [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	6,154		6,154
Residential Construction [Member] | Maturity of Term Extension [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	378		337
Residential Construction [Member] | Combination of reduction in interest rate and extension of maturity [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	3,095		3,112
Residential Construction [Member] | Forgiveness of principal and/or interest [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	0		0
Residential Construction [Member] | Other [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	433	[3]	434	[4]
Land Construction [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	2,477		2,470
Land Construction [Member] | Interest Rate Below Market [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	0		0
Land Construction [Member] | Maturity of Term Extension [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	201		202
Land Construction [Member] | Combination of reduction in interest rate and extension of maturity [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	1,680		1,732
Land Construction [Member] | Forgiveness of principal and/or interest [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	0		0
Land Construction [Member] | Other [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	$596	[3]	$536	[4]
[1]	Excludes TDRs held for sale amounting to $45.7 million as of March 31, 2015.
[2]	Excludes TDRs held for sale amounting to $45.7 million as of December 31, 2014.
[3]	Other concessions granted by the Corporation include deferral of principal and/or interest payments for a period longer than what would be considered insignificant, payment plans under judicial stipulation, or a combination of the concessions listed in the table.
[4]	Other concessions granted by the Corporation include deferral of principal and/or interest payments for a period longer than what would be considered insignificant, payment plans under judicial stipulation or a combination of the concessions listed in the table.

LOAN_PORTFOLIO_Corporations_TD

LOAN PORTFOLIO - Corporation's TDR Activity (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015		Mar. 31, 2014
Schedule Of Financing Receivables [Line Items]
Beginning Balance of TDRs	$694,453	[1]
New TDRs	31,601		19,935
Increases to existing TDRs (disbursements)	335		27
Charge-offs post modification	-3,781		-7,982
Foreclosures	-7,156		-1,074
Paid-off and partial payments	-10,329		-18,844
Ending balance of TDRs	$705,123	[2]	$622,320
[1]	Excludes TDRs held for sale amounting to $45.7 million as of December 31, 2014.
[2]	Excludes TDRs held for sale amounting to $45.7 million as of March 31, 2015.

LOAN_PORTFOLIO_Breakdown_Betwe

LOAN PORTFOLIO - Breakdown Between Accrual and Nonaccrual Status of TDRs (Detail) (USD $)	Mar. 31, 2015		Dec. 31, 2014		Mar. 31, 2014
In Thousands, unless otherwise specified
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	$705,123	[1]	$694,453	[2]	$622,320
Non Fha Va Residential Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	354,094		349,775
Commercial Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	136,780		127,766
Commercial And Industrial Loan [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	166,736		171,926
Construction Loans [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	12,500
Consumer Auto Loans [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	17,547
Finance Leases [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	2,053		2,181
Other Consumer Loans [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	15,376		13,307
Commercial Construction [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	0		0
Residential Construction [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	10,060		10,037
Land Construction [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	2,477		2,470
Non Accrual [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	270,924	[3],[4]	199,813	[5],[6]
Non Accrual [Member] | Non Fha Va Residential Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	80,204	[3],[4]	82,965	[5],[6]
Non Accrual [Member] | Commercial Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	61,239	[3],[4]	58,392	[5],[6]
Non Accrual [Member] | Commercial And Industrial Loan [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	111,342	[3],[4]	40,382	[5],[6]
Non Accrual [Member] | Consumer Auto Loans [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	6,536	[3],[4]	6,433	[5],[6]
Non Accrual [Member] | Finance Leases [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	178	[3],[4]	255	[5],[6]
Non Accrual [Member] | Other Consumer Loans [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	3,139	[3],[4]	3,161	[5],[6]
Non Accrual [Member] | Commercial Construction [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	0	[3],[4]	0	[5],[6]
Non Accrual [Member] | Residential Construction [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	6,588	[3],[4]	6,589	[5],[6]
Non Accrual [Member] | Land Construction [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	1,698	[3],[4]	1,636	[5],[6]
Accrual [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	434,199		494,640
Accrual [Member] | Non Fha Va Residential Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	273,890		266,810
Accrual [Member] | Commercial Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	75,541		69,374
Accrual [Member] | Commercial And Industrial Loan [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	55,394		131,544
Accrual [Member] | Consumer Auto Loans [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	11,011		10,558
Accrual [Member] | Finance Leases [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	1,875		1,926
Accrual [Member] | Other Consumer Loans [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	12,237		10,146
Accrual [Member] | Commercial Construction [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	0		0
Accrual [Member] | Residential Construction [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	3,472		3,448
Accrual [Member] | Land Construction [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	779		834
Non Fha Va Residential Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	354,094		349,775
Commercial Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	136,780		127,766
Commercial And Industrial Loan [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	166,736		171,926
Consumer Auto Loans [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	17,547		16,991
Finance Leases [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	2,053		2,181
Other Consumer Loans [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	15,376		13,307
Commercial Construction [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	0		0
Residential Construction [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	10,060		10,037
Land Construction [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	$2,477		$2,470
[1]	Excludes TDRs held for sale amounting to $45.7 million as of March 31, 2015.
[2]	Excludes TDRs held for sale amounting to $45.7 million as of December 31, 2014.
[3]	Included in non-accrual loans are $121.9 million in loans that are performing under the terms of a restructuring agreement but are reported in non-accrual status until the restructured loans meet the criteria of sustained payment performance under the revised terms for reinstatement to accrual status and there is no doubt about full collectability.
[4]	Excludes non-accrual TDRs held for sale with a carrying value of $45.7 million as of March 31, 2015.
[5]	Included in non-accrual loans are $52.8 million in loans that are performing under the terms of a restructuring agreement but are reported in non-accrual status until the restructured loans meet the criteria of sustained payment performance under the revised terms for reinstatement to accrual status and there is no doubt about full collectability.
[6]	Excludes non-accrual TDRs held for sale with a carrying value of $45.7 million as of December 31, 2014.

LOAN_PORTFOLIO_Breakdown_Betwe1

LOAN PORTFOLIO - Breakdown Between Accrual and Nonaccrual Status of TDRs (Parenthetical) (Detail) (USD $)	Mar. 31, 2015		Dec. 31, 2014		Mar. 31, 2014
In Thousands, unless otherwise specified
Financing Receivable Modifications [Line Items]
Total TDR loans	$705,123	[1]	$694,453	[2]	$622,320
Performing Financing Receivable [Member] | Non Accrual [Member]
Financing Receivable Modifications [Line Items]
Total TDR loans	$121,900		$52,800
[1]	Excludes TDRs held for sale amounting to $45.7 million as of March 31, 2015.
[2]	Excludes TDRs held for sale amounting to $45.7 million as of December 31, 2014.

LOAN_PORTFOLIO_Loan_Modificati

LOAN PORTFOLIO - Loan Modifications are Considered TDRs (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
	numberofcontracts	numberofcontracts
Financing Receivable Modifications [Line Items]
Number of Contracts	622	611
Pre-Modification Outstanding Recorded Investment	$31,858	$20,264
Post-Modification Outstanding Recorded Investment	31,601	19,935
Non Fha Va Residential Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	81	47
Pre-Modification Outstanding Recorded Investment	11,495	7,709
Post-Modification Outstanding Recorded Investment	11,265	7,711
Commercial Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	8	3
Pre-Modification Outstanding Recorded Investment	12,821	834
Post-Modification Outstanding Recorded Investment	12,931	837
Commercial And Industrial Loan [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	1	5
Pre-Modification Outstanding Recorded Investment	1,681	7,964
Post-Modification Outstanding Recorded Investment	1,681	7,630
Consumer Auto Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	146	117
Pre-Modification Outstanding Recorded Investment	2,173	1,605
Post-Modification Outstanding Recorded Investment	2,130	1,605
Finance Leases [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	8	10
Pre-Modification Outstanding Recorded Investment	233	193
Post-Modification Outstanding Recorded Investment	184	193
Other Consumer Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	377	429
Pre-Modification Outstanding Recorded Investment	3,391	1,959
Post-Modification Outstanding Recorded Investment	3,346	1,959
Commercial Construction [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	0	0
Pre-Modification Outstanding Recorded Investment	0	0
Post-Modification Outstanding Recorded Investment	0	0
Residential Construction [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	0	0
Pre-Modification Outstanding Recorded Investment	0	0
Post-Modification Outstanding Recorded Investment	0	0
Land Construction [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	1	0
Pre-Modification Outstanding Recorded Investment	64	0
Post-Modification Outstanding Recorded Investment	$64	$0

LOAN_PORTFOLIO_Loan_Modificati1

LOAN PORTFOLIO - Loan Modifications Considered Troubled Debt Restructurings Defaulted (Detail) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Financing Receivable Modifications [Line Items]
Number of Contracts	$72,000	$63,000
Recorded Investment	7,770,000	2,767,000
Non Fha Va Residential Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	12,000	14,000
Recorded Investment	1,773,000	2,552,000
Commercial Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	0	0
Recorded Investment	0	0
Commercial And Industrial Loan [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	4,000	0
Recorded Investment	5,745,000	0
Consumer Auto Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	2,000	4,000
Recorded Investment	8,000	39,000
Other Consumer Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	53,000	45,000
Recorded Investment	229,000	176,000
Finance Leases [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	1,000	0
Recorded Investment	15,000	0
Commercial Construction [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	0	0
Recorded Investment	0	0
Residential Construction [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	0	0
Recorded Investment	0	0
Land Construction [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	0	0
Recorded Investment	$0	$0

LOAN_PORTFOLIO_Loan_Restructur

LOAN PORTFOLIO - Loan Restructuring and Effect on Allowance for Loan and Lease Losses (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015		Mar. 31, 2014	Dec. 31, 2014
Financing Receivable Allowance For Credit Losses [Line Items]
Financing Receivable, Modifications, Recorded Investment	$705,123	[1]	$622,320	$694,453	[2]
Charges to the provision for loan losses	32,970		31,915
Allowance for loan losses at the end of the period	226,064			222,395
Loans Split [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Financing Receivable, Modifications, Recorded Investment	42,907		78,833
Amount charged-off	0		0
Charges to the provision for loan losses	-24		-15
Allowance for loan losses at the end of the period	707		1,547
Accrual [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Financing Receivable, Modifications, Recorded Investment	$434,199			$494,640
[1]	Excludes TDRs held for sale amounting to $45.7 million as of March 31, 2015.
[2]	Excludes TDRs held for sale amounting to $45.7 million as of December 31, 2014.

ALLOWANCE_FOR_LOAN_AND_LEASE_L2

ALLOWANCE FOR LOAN AND LEASE LOSSES - Changes in Allowance for Loan and Lease Losses (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning balance	$222,395	$285,858
Charge-offs	-32,013	-53,707
Recoveries	2,712	2,712
Provision For Loan Lease And Other Losses	32,970	31,915
Ending balance	226,064	266,778
Balance at end of period	62,140	85,016	55,205	102,601
Ending balance: general allowance	163,924	181,762
Ending balance	9,485,372	9,566,785	9,262,436
Ending balance: impaired loans	954,981	879,388	945,407	919,112
Ending balance: purchased credit-impaired loans	181,114		102,604
Ending balance: loans with general allowance	8,349,277	8,684,014
Purchased Credit Impaired [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Ending balance: purchased credit-impaired loans	0	0
Ending balance: purchased credit-impaired loans	181,114	3,383
Residential Mortgage [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning balance	27,301	33,110
Charge-offs	-5,192	-6,422
Recoveries	98	69
Provision For Loan Lease And Other Losses	6,475	3,751
Ending balance	28,682	30,508
Balance at end of period	14,862	17,273
Ending balance: general allowance	13,820	13,235
Ending balance	3,331,620	2,548,101
Ending balance: impaired loans	429,526	419,308
Ending balance: loans with general allowance	2,724,493	2,128,793
Residential Mortgage [Member] | Purchased Credit Impaired [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Ending balance: purchased credit-impaired loans	0	0
Ending balance: purchased credit-impaired loans	177,601	0
Commercial Mortgage [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning balance	50,894	73,138
Charge-offs	-4,006	-5,810
Recoveries	276	35
Provision For Loan Lease And Other Losses	-2,137	-851
Ending balance	45,027	66,512
Balance at end of period	13,238	29,833
Ending balance: general allowance	31,789	36,679
Ending balance	1,649,263	1,846,016
Ending balance: impaired loans	224,365	219,860
Ending balance: loans with general allowance	1,421,619	1,626,156
Commercial Mortgage [Member] | Purchased Credit Impaired [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Ending balance: purchased credit-impaired loans	0	0
Ending balance: purchased credit-impaired loans	3,279	0
Commercial And Industrial Loans [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning balance	63,721	85,295
Charge-offs	-4,453	-22,459
Recoveries	558	663
Provision For Loan Lease And Other Losses	10,353	16,091
Ending balance	70,179	79,590
Balance at end of period	24,871	19,098
Ending balance: general allowance	45,308	60,492
Ending balance	2,442,867	2,947,837
Ending balance: impaired loans	226,656	151,653
Ending balance: loans with general allowance	2,216,211	2,796,184
Commercial And Industrial Loans [Member] | Purchased Credit Impaired [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Ending balance: purchased credit-impaired loans	0	0
Ending balance: purchased credit-impaired loans	0	0
Construction Loans [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning balance	12,822	35,814
Charge-offs	-605	-970
Recoveries	207	617
Provision For Loan Lease And Other Losses	1,215	-8,050
Ending balance	13,639	27,411
Balance at end of period	3,381	15,154
Ending balance: general allowance	10,258	12,257
Ending balance	124,440	152,579
Ending balance: impaired loans	37,593	58,636
Ending balance: loans with general allowance	86,847	93,943
Construction Loans [Member] | Purchased Credit Impaired [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Ending balance: purchased credit-impaired loans	0	0
Ending balance: purchased credit-impaired loans	0	0
Consumer Loan [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning balance	67,657	58,501
Charge-offs	-17,757	-18,046
Recoveries	1,573	1,328
Provision For Loan Lease And Other Losses	17,064	20,974
Ending balance	68,537	62,757
Balance at end of period	5,788	3,658
Ending balance: general allowance	62,749	59,099
Ending balance	1,937,182	2,072,252
Ending balance: impaired loans	36,841	29,931
Ending balance: loans with general allowance	1,900,107	2,038,938
Consumer Loan [Member] | Purchased Credit Impaired [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Ending balance: purchased credit-impaired loans	0	0
Ending balance: purchased credit-impaired loans	$234	$3,383

ALLOWANCE_FOR_LOAN_AND_LEASE_L3

ALLOWANCE FOR LOAN AND LEASE LOSSES - Additional Information (Detail) (USD $)	1 Months Ended
In Millions, unless otherwise specified	31-May-14	Mar. 31, 2015
Financing Receivable Allowance For Credit Losses [Line Items]
Reserve for unfunded loan commitments		$0.50
Changes In Allowance For Loan Losses	($4.80)

LOANS_HELD_FOR_SALE_Portfolio_

LOANS HELD FOR SALE - Portfolio of Loans Held for Sale (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Accounts Notes And Loans Receivable [Line Items]
Total	$81,723	$76,956
Residential Mortgage [Member]
Accounts Notes And Loans Receivable [Line Items]
Residential mortgage loans	27,135	22,315
Commercial Mortgage loans	6,786	6,839
Construction Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Construction loans	$47,802	$47,802

LOANS_HELD_FOR_SALE_Additional

LOANS HELD FOR SALE - Additional Information (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Accounts Notes And Loans Receivable [Line Items]
Loans held for sale	$81,723,000	$76,956,000
Non Accrual [Member]
Accounts Notes And Loans Receivable [Line Items]
Commercial Mortgage loans	6,800,000	6,800,000
Construction loans	$47,800,000	$47,800,000

OTHER_REAL_ESTATE_OWNED_Other_

OTHER REAL ESTATE OWNED- Other real estate owned (Detail) (USD $)	Mar. 31, 2015		Dec. 31, 2014
In Thousands, unless otherwise specified
Other Real Estate And Foreclosed Assets [Line Items]
Other real estate owned	$122,628		$124,003
Residential Real Estate [Member]
Other Real Estate And Foreclosed Assets [Line Items]
Other real estate owned	26,031		22,520
Commercial Real Estate [Member]
Other Real Estate And Foreclosed Assets [Line Items]
Other real estate owned	72,473		75,654
Construction Real Estate [Member]
Other Real Estate And Foreclosed Assets [Line Items]
Other real estate owned	17,257		18,770
Government Guaranteed [Member]
Other Real Estate And Foreclosed Assets [Line Items]
Other real estate owned	$6,867	[1]	$7,059	[1]
[1]	As of March 31, 2015, exclude $0.2 million of foreclosures completed in 2015 that meet the conditions of ASC 310-40 and are presented as a receivable (other assets) in the statement of financial condition.

OTHER_REAL_ESTATE_OWNED_Additi

OTHER REAL ESTATE OWNED- Additional information (Detail) (USD $)	Mar. 31, 2015
In Millions, unless otherwise specified
Other Real Estate And Foreclosed Assets [Abstract]
Transfers From Loans to Other Receivable	$0.20

DERIVATIVE_INSTRUMENTS_AND_HED2

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Notional Amounts of All Derivative Instruments (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Derivative [Line Items]
Notional amount of derivatives	$111,058	$98,704
Interest Rate Swap [Member]
Derivative [Line Items]
Notional amount of derivatives	5,440	5,440
Nondesignated [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Notional amount of derivatives	5,440	5,440
Nondesignated [Member] | Interest Rate Cap [Member] | Purchase
Derivative [Line Items]
Notional amount of derivatives	36,809	37,132
Nondesignated [Member] | Interest Rate Cap [Member] | Written
Derivative [Line Items]
Notional amount of derivatives	36,809	37,132
Nondesignated [Member] | Forward Contracts [Member]
Derivative [Line Items]
Notional amount of derivatives	$32,000	$19,000

DERIVATIVE_INSTRUMENTS_AND_HED3

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Summary of Fair Value of Derivative Instruments and Location in Statement of Financial Condition (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Other Assets [Member]
Derivatives Fair Value [Line Items]
Derivatives, included in assets	$1	$39
Other Assets [Member] | Interest Rate Swap [Member]
Derivatives Fair Value [Line Items]
Derivatives, included in assets	0	33
Other Assets [Member] | Interest Rate Cap [Member] | Purchase
Derivatives Fair Value [Line Items]
Derivatives, included in assets	1	6
Other Assets [Member] | Interest Rate Cap [Member] | Written
Derivatives Fair Value [Line Items]
Derivatives, included in assets	0	0
Other Assets [Member] | Forward Contracts [Member]
Derivatives Fair Value [Line Items]
Derivatives, included in assets	0	0
Other Liabilities [Member]
Derivatives Fair Value [Line Items]
Derivatives, included in liabilities	221	187
Other Liabilities [Member] | Interest Rate Swap [Member]
Derivatives Fair Value [Line Items]
Derivatives, included in liabilities	0	33
Other Liabilities [Member] | Interest Rate Cap [Member] | Purchase
Derivatives Fair Value [Line Items]
Derivatives, included in liabilities	0	0
Other Liabilities [Member] | Interest Rate Cap [Member] | Written
Derivatives Fair Value [Line Items]
Derivatives, included in liabilities	1	6
Other Liabilities [Member] | Forward Contracts [Member]
Derivatives Fair Value [Line Items]
Derivatives, included in liabilities	$220	$148

DERIVATIVE_INSTRUMENTS_AND_HED4

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Effect of Derivative Instruments on Statement of Income (Loss) (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Economic undesignated hedges:
Total gain (loss) on derivatives	($72)	$148
Interest Income Loans [Member] | Interest Rate Swap [Member]
Economic undesignated hedges:
Total gain (loss) on derivatives	0	313
Mortgage Banking Activities [Member] | Forward Contracts [Member]
Economic undesignated hedges:
Total gain (loss) on derivatives	($72)	($165)

DERIVATIVE_INSTRUMENTS_AND_HED5

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Summary of Interest Rate Swaps (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Pay fixed/receive floating :
Notional amount	$111,058	$98,704
Interest Rate Swap [Member]
Pay fixed/receive floating :
Notional amount	$5,440	$5,440
Derivative Receivable [Member]
Pay fixed/receive floating :
Weighted-average receive rate at period end	2.04%	2.03%
Derivative Payable [Member]
Pay fixed/receive floating :
Weighted-average pay rate at period end	3.45%	3.45%

OFFESTTING_OF_ASSETS_AND_LIABI

OFFESTTING OF ASSETS AND LIABILITIES - Offsetting of financial assets and liabilities (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Offsetting [Abstract]
Gross amount recognized of derivative asset	$1	$6
Gross amount of derivatives assets offset	0	0
Net asset amount of assets presented in the Statement of Financial Condition	1	6
Obligation to return Financial instrument, derivatives assets	-1	-6
Obligation to return Cash Collateral, derivative assets	0	0
Net derivative asset amount not offset	0	0
Gross amount recognized of derivative liabilities	0	33
Gross amount of derivative liabilities offset	0	0
Net derivative liability amount offset presented	0	33
Right to claim Financial instrument, derivatives liabilities	0	-33
Right to claim Cash Collateral, derivatives liabilities	0	0
Net derivatives liability amount not offset	0	0
Gross amount recognized of repurchase agreements	600,000	600,000
Gross amount of repurchase agreements offset	0	0
Net repurchase agreements amount offset presented	600,000	600,000
Right to claim Financial instrument, repurchase agreements	-600,000	-600,000
Right to claim Cash Collateral, repurchase agreements	0	0
Net repurchase agreements amount not offset	0	0
Gross amount recognized of liabilities	600,000	600,033
Gross amount of liabilties offset	0	0
Net liabilities amount offset presented	600,000	600,033
Right to claim Financial instrument, liabilities	-600,000	-600,033
Right to claim Cash Collateral, liabilties	0	0
Net liability amount not offset	$0	$0

GOODWILL_AND_OTHER_INTANGIBLES2

GOODWILL AND OTHER INTANGIBLES - Additional Information (Detail) (USD $)	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Jun. 30, 2012
Finite Lived Intangible Assets [Line Items]
Goodwill	$28,100,000		$28,100,000
Purchase credit card relationship intangible amount				24,500,000
Amortization expense	1,093,000	1,235,000
Purchased Credit Card Relationship Intangible [Member]
Finite Lived Intangible Assets [Line Items]
Purchase credit card relationship intangible amount	24,465,000		24,465,000
Amortization period of purchased credit card relationship intangible	6 years 8 months 12 days		7 years 9 months 18 days
Amortization expense	800,000	800,000
Core Deposits [Member]
Finite Lived Intangible Assets [Line Items]
Purchase credit card relationship intangible amount	45,844,000		45,844,000
Amortization period of purchased credit card relationship intangible	9 years 10 months 24 days		9 years 2 months 12 days
Amortization expense	$300,000	$400,000

GOODWILL_AND_OTHER_INTANGIBLES3

GOODWILL AND OTHER INTANGIBLES - Gross Amount and Accumulated Amortization of Other Intangible Assets (Detail) (USD $)	3 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Jun. 30, 2012
Finite Lived Intangible Assets [Line Items]
Gross amount				$24,500
Finite lived Intangible Assets Acquired 1	5,820	0
Goodwill And Intangible Assets Disclosure [Abstract]
Finite Lived Intangible Assets Amortization Expense Next Twelve Months	3,813
Finite Lived Intangible Assets Amortization Expense Year Two	4,737
Finite Lived Intangible Assets Amortization Expense Year Three	4,197
Finite Lived Intangible Assets Amortization Expense Year Four	3,293
Core Deposits [Member]
Finite Lived Intangible Assets [Line Items]
Gross amount	45,844		45,844
Accumulated amortization	-40,750		-40,424
Net carrying amount	10,914		5,420
Remaining amortization period	9 years 10 months 24 days		9 years 2 months 12 days
Purchased Credit Card Relationship Intangible [Member]
Finite Lived Intangible Assets [Line Items]
Gross amount	24,465		24,465
Accumulated amortization	-8,843		-8,076
Net carrying amount	$15,622		$16,389
Remaining amortization period	6 years 8 months 12 days		7 years 9 months 18 days

NONCONSOLIDATED_VARIABLE_INTER2

NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS - Additional Information (Detail) (USD $)	3 Months Ended	12 Months Ended		1 Months Ended		0 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Apr. 30, 2004	Sep. 30, 2004	Feb. 16, 2011	Dec. 31, 2013
Servicing Liabilities At Fair Value [Line Items]
Principal amount of corporation serviced loans securitized through GNMA	$1,200,000,000
Balance of amortization with third party	43,000,000
Carrying value with third party	31,700,000
Percentage of weighted average yield with third party	2.15%
Percentage Of Trust Preferred Securities That Qualify As Tier 1 Capital		0.00%	25.00%
Debt Instrument Description Of Variable Rate Basis	90-day LIBOR
Working Capital Line Expiration Period	2 years 0 months 0 days
Interest Expense Accrued Trust Preferred Securities	23,700,000
Maximum [Member]
Servicing Liabilities At Fair Value [Line Items]
Percentage of variation in assumptions	20.00%
Minimum [Member]
Servicing Liabilities At Fair Value [Line Items]
Percentage of variation in assumptions	10.00%
Fbp Statutory Trust One [Member]
Servicing Liabilities At Fair Value [Line Items]
Variable rate trust preferred securities				100,000,000
Proceeds of the issuance, together with proceeds of the purchase				3,100,000
Principal amount of corporation's junior subordinated deferrable debentures				103,100,000
Fbp Statutory Trust Two [Member]
Servicing Liabilities At Fair Value [Line Items]
Variable rate trust preferred securities					125,000,000
Proceeds of the issuance, together with proceeds of the purchase					3,900,000
Principal amount of corporation's junior subordinated deferrable debentures					128,900,000
Cpg Gs [Member]
Servicing Liabilities At Fair Value [Line Items]
Loans Sold to CPG						269,300,000
Cash realized on sale of loan						88,500,000
Loans acquired on exchange of loan held for sale						136,100,000
Description of loan						30-day LIBOR plus 300 basis points 30-day LIBOR plus 300 basis points
Carrying amount of loan provided	25,200,000
Line of credit facility provided to fund unfunded commitments						80,000,000
Working capital line of credit to fund certain expenses						20,000,000	7,000,000
Revolver agreement of credit facility provided amount outstanding	38,400,000
Working capital line of credit facility provided amount outstanding	$0
Equity Method Investments Estimated Discount Factor	17.57%
Prlp [Member]
Servicing Liabilities At Fair Value [Line Items]
Percentage of ownership investment in unconsolidated entity						65.00%
Percentage of priority interest to be received on invested capital						12.00%
Payment to be made on pro rata basis						35.00%
FirstBank [Member]
Servicing Liabilities At Fair Value [Line Items]
Acquired Equity interest on disposal of loans held for sale						35.00%
Percentage of priority interest to be received on invested capital						12.00%
Payment to be made on pro rata basis						65.00%

NONCONSOLIDATED_VARIABLE_INTER3

NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS - Income Statement Information (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Variable Interest Entity [Line Items]
Net income (loss)	$25,646	$17,083
Cpg Gs [Member]
Variable Interest Entity [Line Items]
Revenues	588	751
Gross profit	-8,240	-1,508
Net income (loss)	($7,751)	($2,447)

NONCONSOLIDATED_VARIABLE_INTER4

NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS - Changes in Servicing Assets (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015		Mar. 31, 2014
Servicing Assets At Amortized Value [Line Items]
Balance at beginning of period	$22,838		$21,987
Capitalization of servicing assets	1,073		1,052
Amortization	-856		-783
Adjustment to servicing assets for loans repurchased	-44	[1]	-11	[1]
Adjustment to fair value	-38		-219
Balance at end of period	$22,973		$22,026
[1]	Amount represents the adjustment to fair value related to the repurchase of loans serviced for others.

NONCONSOLIDATED_VARIABLE_INTER5

NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS - Changes in Impairment Allowance (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Valuation Allowance For Impairment Of Recognized Servicing Assets [Line Items]
Balance at beginning of period	$55	$212
Temporary impairment charges	58	219
Recoveries	-20	0
Balance at end of period	$93	$431

NONCONSOLIDATED_VARIABLE_INTER6

NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS - Components of Net Servicing Income (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015		Mar. 31, 2014
Servicing fees	$1,764		$1,671
Late charges and prepayment penalties	190		164
Other	89	[1]	358	[1]
Adjustment to servicing assets for loans repurchased	-44	[2]	-11	[2]
Servicing income, gross	1,821		1,466
Amortization and impairment of servicing assets	-894		-1,002
Servicing income, net	$927		$464
[1]	Mainly consisted of compensatory fees imposed by GSEs and losses related to representations and warranties.
[2]	Amount represents the adjustment to fair value related to the repurchase of loans serviced for others.

NONCONSOLIDATED_VARIABLE_INTER7

NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS - Key Economic Assumptions Used in Determining Fair Value at Time of Sale of Loans (Detail)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Government Guaranteed Mortgage Loans [Member]
Assumption For Fair Value On Securitization Date Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities [Line Items]
Constant prepayment rate	9.20%	9.10%
Discount rate	11.50%	11.50%
Conventional Loan [Member]
Assumption For Fair Value On Securitization Date Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities [Line Items]
Constant prepayment rate	9.00%	8.90%
Discount rate	9.50%	9.50%
Conventional Non Conforming Mortgage Loans [Member]
Assumption For Fair Value On Securitization Date Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities [Line Items]
Constant prepayment rate	14.00%	13.40%
Discount rate	13.80%	13.90%

NONCONSOLIDATED_VARIABLE_INTER8

NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS - Weighted-Averages of Key Economic Assumptions in Valuation Model (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
Carrying amount of servicing assets	$22,973	$22,838	$22,026	$21,987
Fair value	25,195
Weighted-average expected life	8 years 5 months 19 days
Constant prepayment rate	10.25%
Decrease in fair value due to 10% adverse change	948
Decrease in fair value due to 20% adverse change	1,838
Discount rate	10.62%
Decrease in fair value due to 10% adverse change	1,050
Decrease in fair value due to 20% adverse change	$2,020

DEPOSITS_Summary_of_Deposit_Ba

DEPOSITS - Summary of Deposit Balances (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Deposits [Line Items]
Non-interest bearing checking accounts	$1,175,943	$900,616
Savings accounts	2,641,793	2,450,484
Interest-bearing checking accounts	1,127,560	1,054,136
Certificates of deposit	2,323,259	2,191,663
Brokered certificates of deposit	2,572,483	2,887,046
Total deposits	$9,841,038	$9,483,945

DEPOSITS_Brokered_Certificates

DEPOSITS - Brokered Certificates Of Deposit Mature (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Deposits [Line Items]
Interest Bearing Domestic Deposit Brokered	$2,572,483	$2,887,046
One to ninety days
Deposits [Line Items]
Interest Bearing Domestic Deposit Brokered	362,501
Over three month to six months
Deposits [Line Items]
Interest Bearing Domestic Deposit Brokered	577,737
Over six months to one year
Deposits [Line Items]
Interest Bearing Domestic Deposit Brokered	832,235
One to three year
Deposits [Line Items]
Interest Bearing Domestic Deposit Brokered	745,922
Three to five years
Deposits [Line Items]
Interest Bearing Domestic Deposit Brokered	18,037
Over five years
Deposits [Line Items]
Interest Bearing Domestic Deposit Brokered	$36,051

DEPOSITS_Components_of_Interes

DEPOSITS - Components of Interest Expense on Deposits (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Deposits [Line Items]
Interest expense on deposits	$16,359	$18,514
Amortization of broker placement fees	1,335	1,785
Interest expense on deposits	$17,694	$20,299

SECURITIES_SOLD_UNDER_AGREEMEN2

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE - Securities Sold Under Agreements to Repurchase (Detail) (USD $)	Mar. 31, 2015		Dec. 31, 2014
In Thousands, unless otherwise specified
Securities Sold Under Agreements To Repurchase And Other Short Term Borrowings [Line Items]
Repurchase agreements, interest ranging from 2.45% to 3.35%(December 31, 2012- 2.45% to 3.39%)	$900,000	[1]	$900,000	[1]
[1]	As of March 31, 2015, includes $800 million with an average rate of 2.71% that lenders have the right to call before their contractual maturities at various dates beginning on April 9, 2015. Subsequent to April 9, 2015, no lender has exercised its call option on repurchase agreements. In addition, $700 million is tied to variable rates.

SECURITIES_SOLD_UNDER_AGREEMEN3

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE - Securities Sold Under Agreements to Repurchase (Parenthetical) (Detail) (USD $)	Mar. 31, 2015		Dec. 31, 2014
Securities Sold Under Agreements To Repurchase And Other Short Term Borrowings [Line Items]
Securities sold under agreements to repurchase	$900,000,000	[1]	$900,000,000	[1]
Securites Sold Under Agreement To Repurchase Restructurings	400,000,000
Securities For Reverse Repurchase Agreements	200,000,000
Combination Of Interest Rate Reduction And Extension Of Contractual Maturity [Member]
Securities Sold Under Agreements To Repurchase And Other Short Term Borrowings [Line Items]
Securites Sold Under Agreement To Repurchase Restructurings	200,000,000
Extension Of Contractual Maturity [Member]
Securities Sold Under Agreements To Repurchase And Other Short Term Borrowings [Line Items]
Securites Sold Under Agreement To Repurchase Restructurings	200,000,000
Callable Repurchase Agreements [Member]
Securities Sold Under Agreements To Repurchase And Other Short Term Borrowings [Line Items]
Securities sold under agreements to repurchase	800,000,000
Variable Interest Rate Repurchase Agreement [Member]
Securities Sold Under Agreements To Repurchase And Other Short Term Borrowings [Line Items]
Securities sold under agreements to repurchase	$700,000,000
Maximum [Member]
Securities Sold Under Agreements To Repurchase And Other Short Term Borrowings [Line Items]
Assets sold under agreements to repurchase interest rate	3.33%		4.50%
Minimum [Member]
Securities Sold Under Agreements To Repurchase And Other Short Term Borrowings [Line Items]
Assets sold under agreements to repurchase interest rate	1.96%		2.45%
Weighted Average [Member] | Callable Repurchase Agreements [Member]
Securities Sold Under Agreements To Repurchase And Other Short Term Borrowings [Line Items]
Assets sold under agreements to repurchase interest rate	2.71%
[1]	As of March 31, 2015, includes $800 million with an average rate of 2.71% that lenders have the right to call before their contractual maturities at various dates beginning on April 9, 2015. Subsequent to April 9, 2015, no lender has exercised its call option on repurchase agreements. In addition, $700 million is tied to variable rates.

SECURITIES_SOLD_UNDER_AGREEMEN4

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE - Schedule of Repurchase Agreement Maturity (Detail) (USD $)	Mar. 31, 2015		Dec. 31, 2014
In Thousands, unless otherwise specified
Repurchase Agreement [Line Items]
Securities Sold Under Agreements To Repurchase	$900,000	[1]	$900,000	[1]
Less than three years
Repurchase Agreement [Line Items]
Securities Sold Under Agreements To Repurchase	500,000
Over five years
Repurchase Agreement [Line Items]
Securities Sold Under Agreements To Repurchase	$400,000
[1]	As of March 31, 2015, includes $800 million with an average rate of 2.71% that lenders have the right to call before their contractual maturities at various dates beginning on April 9, 2015. Subsequent to April 9, 2015, no lender has exercised its call option on repurchase agreements. In addition, $700 million is tied to variable rates.

SECURITIES_SOLD_UNDER_AGREEMEN5

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE - Schedule of Repurchase Agreement Maturity (Parenthetical) (Detail) (USD $)	Mar. 31, 2015		Dec. 31, 2014
In Thousands, unless otherwise specified
Repurchase Agreement [Line Items]
Securities Sold Under Agreements To Repurchase	$900,000	[1]	$900,000	[1]
[1]	As of March 31, 2015, includes $800 million with an average rate of 2.71% that lenders have the right to call before their contractual maturities at various dates beginning on April 9, 2015. Subsequent to April 9, 2015, no lender has exercised its call option on repurchase agreements. In addition, $700 million is tied to variable rates.

SECURITIES_SOLD_UNDER_AGREEMEN6

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE - Repurchase Agreements Grouped by Counterparty (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015		Dec. 31, 2014
Repurchase Agreement Counterparty [Line Items]
Repurchase agreements, interest ranging from 2.45% to 3.39% (December 31, 2011 - 2.50% to 4.40%) (1)	$900,000	[1]	$900,000	[1]
Citigroup Global Markets [Member]
Repurchase Agreement Counterparty [Line Items]
Repurchase agreements, interest ranging from 2.45% to 3.39% (December 31, 2011 - 2.50% to 4.40%) (1)	300,000
Weighted-Average Maturity	1 year 7 months 0 days
Jp Morgan Chase [Member]
Repurchase Agreement Counterparty [Line Items]
Repurchase agreements, interest ranging from 2.45% to 3.39% (December 31, 2011 - 2.50% to 4.40%) (1)	200,000
Weighted-Average Maturity	6 years 10 months 0 days
Dean Witter Morgan Stanley [Member]
Repurchase Agreement Counterparty [Line Items]
Repurchase agreements, interest ranging from 2.45% to 3.39% (December 31, 2011 - 2.50% to 4.40%) (1)	100,000
Weighted-Average Maturity	2 years 7 months 0 days
Credit Suisse First Boston [Member]
Repurchase Agreement Counterparty [Line Items]
Repurchase agreements, interest ranging from 2.45% to 3.39% (December 31, 2011 - 2.50% to 4.40%) (1)	$300,000
Weighted-Average Maturity	5 years 0 months 0 days
[1]	As of March 31, 2015, includes $800 million with an average rate of 2.71% that lenders have the right to call before their contractual maturities at various dates beginning on April 9, 2015. Subsequent to April 9, 2015, no lender has exercised its call option on repurchase agreements. In addition, $700 million is tied to variable rates.

ADVANCES_FROM_THE_FEDERAL_HOME2

ADVANCES FROM THE FEDERAL HOME LOAN BANK (FHLB) - Summary of Advances from FHLB (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Short Term Debt [Line Items]
Fixed-rate advances from FHLB, with a weighted-average interest rate of 1.69% (December 31, 2012 - 2.26%)	$325,000	$325,000

ADVANCES_FROM_THE_FEDERAL_HOME3

ADVANCES FROM THE FEDERAL HOME LOAN BANK (FHLB) - Summary of Advances from FHLB (Parenthetical) (Detail)	Mar. 31, 2015	Dec. 31, 2014
Short Term Debt [Line Items]
Weighted-average interest rate	1.17%	1.17%

ADVANCES_FROM_THE_FEDERAL_HOME4

ADVANCES FROM THE FEDERAL HOME LOAN BANK (FHLB) - Advances from FHLB Mature (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Federal Home Loan Bank Advances Branch Of F H L B Bank [Line Items]
Federal Home Loan Bank Advances	$325,000	$325,000
Over one to three years
Federal Home Loan Bank Advances Branch Of F H L B Bank [Line Items]
Federal Home Loan Bank Advances	300,000
Over three years
Federal Home Loan Bank Advances Branch Of F H L B Bank [Line Items]
Federal Home Loan Bank Advances	$25,000

ADVANCES_FROM_THE_FEDERAL_HOME5

ADVANCES FROM THE FEDERAL HOME LOAN BANK (FHLB) - Additional Information (Detail) (USD $)	Mar. 31, 2015
In Millions, unless otherwise specified
Federal Home Loan Bank Advances Branch Of F H L B Bank [Line Items]
Credit facility based on collateral pledged	$615.40

OTHER_BORROWINGS_Components_of

OTHER BORROWINGS - Components of Other Borrowings (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Debt Instrument [Line Items]
Junior subordinated debentures due in 2034	$231,959	$231,959
Junior Subordinated Debentures Bearing Interest At Floating Rate Of Two Point Seventy Five [Member]
Debt Instrument [Line Items]
Junior subordinated debentures due in 2034	103,093	103,093
Junior Subordinated Debentures Bearing Interest At Floating Rate Of Two Point Fifty Percent [Member]
Debt Instrument [Line Items]
Junior subordinated debentures due in 2034	$128,866	$128,866

OTHER_BORROWINGS_Components_of1

OTHER BORROWINGS - Components of Other Borrowings (Parenthetical) (Detail)	3 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Junior Subordinated Debentures Bearing Interest At Floating Rate Of Two Point Seventy Five [Member]
Debt Instrument [Line Items]
Floating Interest rate on junior subordinated debentures	3.02%	2.99%
Subordinated Borrowing Due Date	17-Jun-34
Callable step-rate notes rate	2.75%
Junior Subordinated Debentures Bearing Interest At Floating Rate Of Two Point Fifty Percent [Member]
Debt Instrument [Line Items]
Floating Interest rate on junior subordinated debentures	2.77%	2.75%
Subordinated Borrowing Due Date	20-Sep-34
Callable step-rate notes rate	2.50%

STOCKHOLDERS_EQUITY_Additional

STOCKHOLDERS' EQUITY - Additional Information (Detail) (USD $)	3 Months Ended
In Millions, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
	numberofstocks
Class Of Stock [Line Items]
Common stock, shares authorized	2,000,000,000		2,000,000,000
Common stock, par value	$0.10		$0.10
Common stock, shares issued	214,618,015		213,724,749
Common stock, shares outstanding	213,827,258		212,984,700
Granted shares of restricted stock	821,532
Corporation has authorized shares of preferred stock	50,000,000		50,000,000
Preferred stock, par value	$1
Number of preferred stock series	5
Stock repurchase plan treasury stock	790,757		740,049
Repurchased of common stock	50,708
Liquidation value per share	$25
Legal surplus reserve amount	$40
Conversion Of Stock Shares Issued1		1,075,283
Shares Of Preferred Stock Exchanged		249,477
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number			2,327,156
Omnibus Plan [Member]
Class Of Stock [Line Items]
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number	3,076,438
Restricted Stock [Member]
Class Of Stock [Line Items]
Repurchased of common stock	22,525
FirstBank [Member]
Class Of Stock [Line Items]
Legal surplus reserve rate	10.00%
Original amount contributed in percentage	20.00%
Series A Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred stock dividend rate percentage	7.13%
Series B Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred stock dividend rate percentage	8.35%
Series C Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred stock dividend rate percentage	7.40%
Series D Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred stock dividend rate percentage	7.25%
Series E Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred stock dividend rate percentage	7.00%

STOCKHOLDERS_EQUITY_Exchange_o

STOCKHOLDERS' EQUITY - Exchange offer with respect to Series A through E preferred stock (Detail) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2015	Dec. 31, 2014
Class Of Stock [Line Items]
Liquidation value per share		25
Preferred stock, shares outstanding		1,444,146	1,444,146
Shares Of Preferred Stock Exchanged	249,477
Preferred Stock Value		36,104	$36,104
Conversion Of Stock Shares Issued1	1,075,283
Series A Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred stock dividend rate percentage		7.13%
Series B Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred stock dividend rate percentage		8.35%
Series C Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred stock dividend rate percentage		7.40%
Series D Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred stock dividend rate percentage		7.25%
Series E Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred stock dividend rate percentage		7.00%

INCOME_TAXES_Additional_Inform

INCOME TAXES - Additional Information (Detail) (USD $)	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2013
Income Tax Contingency [Line Items]
Percentage of national gross tax receipt				1.00%
National gross receipt expense	$1,500,000
Percentage of gross receipt tax credit				0.50%
Gross income credit amount	700,000
Valuation allowance	198,600,000
Percentage of dividend received deduction from controlled subsidiaries	100.00%
Percentage of dividend received from other taxable domestic corporations	85.00%
Income tax expense	8,032,000	887,000
Deferred Tax Assets Net	310,900,000
Accrued interest related to tax uncertainties expense	1,300,000
Minimum percentage of bank net taxable income for paying Income tax at normal rate	20.00%
Valuation Allowance Deferred Tax Asset Change In Amount			302,900,000
Statutory Sales And Use Tax Rate	7.00%
Value Added Tax Rate	16.00%
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions			-1,800,000
Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities			2,500,000
Effective Tax Rate Pretax Losses	22.00%
Effective Tax Rate Including All Entities	24.00%
Deferred Tax Assets Liabilities Net			$313,000,000
Puerto Rico [Member]
Income Tax Contingency [Line Items]
Statute of limitations under income tax act	4 years 0 months 0 days
United States [Member]
Income Tax Contingency [Line Items]
Statute of limitations under income tax act	3 years 0 months 0 days
Virgin Islands [Member]
Income Tax Contingency [Line Items]
Statute of limitations under income tax act	3 years 0 months 0 days

INCOME_TAXES_Reconciliation_of

INCOME TAXES - Reconciliation of Unrecognized Tax Benefits (Detail) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014
Reconciliation Of Unrecognized Tax Benefits Excluding Amounts Pertaining To Examined Tax Returns Roll Forward
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions	($1.80)
Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities	($2.50)

FAIR_VALUE_Additional_Informat

FAIR VALUE - Additional Information (Detail) (USD $)	Mar. 31, 2015
Debt Instrument [Line Items]
Maximum amount of interest in brokered CD sold by broker	$250,000

FAIR_VALUE_Assets_and_Liabilit

FAIR VALUE - Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Securities available for sale
Investment securities available for sale	$1,974,226	$1,965,666
U S Treasury Securities [Member]
Securities available for sale
Investment securities available for sale	7,500	7,499
Us Government Agencies Debt Securities Noncallable [Member]
Securities available for sale
Investment securities available for sale	286,066	228,157
Us Government Agencies Debt Securities Callable [Member]
Securities available for sale
Investment securities available for sale	1,607,273	1,653,140
US States And Political Subdivisions Member [Member]
Securities available for sale
Investment securities available for sale	41,463	43,222
Private Label Mbs [Member]
Securities available for sale
Investment securities available for sale	31,824	33,648
Interest Rate Cap [Member] | Purchase
Derivatives, included in assets:
Derivatives, included in assets	1	6
Interest Rate Cap [Member] | Written
Derivatives, included in liabilities:
Derivatives, included in liabilities	1	6
Forward And Future Contracts [Member]
Derivatives, included in assets:
Derivatives, included in assets	0	0
Derivatives, included in liabilities:
Derivatives, included in liabilities	220	148
Interest Rate Swap [Member]
Derivatives, included in assets:
Derivatives, included in assets	0	33
Derivatives, included in liabilities:
Derivatives, included in liabilities	0	33
Other Available For Sale Securities [Member]
Securities available for sale
Investment securities available for sale	100	0
Fair Value Inputs Level 1 [Member] | U S Treasury Securities [Member]
Securities available for sale
Investment securities available for sale	7,500	7,499
Fair Value Inputs Level 1 [Member] | Us Government Agencies Debt Securities Noncallable [Member]
Securities available for sale
Investment securities available for sale	0	0
Fair Value Inputs Level 1 [Member] | Us Government Agencies Debt Securities Callable [Member]
Securities available for sale
Investment securities available for sale	0	0
Fair Value Inputs Level 1 [Member] | US States And Political Subdivisions Member [Member]
Securities available for sale
Investment securities available for sale	0	0
Fair Value Inputs Level 1 [Member] | Private Label Mbs [Member]
Securities available for sale
Investment securities available for sale	0	0
Fair Value Inputs Level 1 [Member] | Interest Rate Cap [Member] | Purchase
Derivatives, included in assets:
Derivatives, included in assets	0	0
Fair Value Inputs Level 1 [Member] | Interest Rate Cap [Member] | Written
Derivatives, included in liabilities:
Derivatives, included in liabilities	0	0
Fair Value Inputs Level 1 [Member] | Forward And Future Contracts [Member]
Derivatives, included in assets:
Derivatives, included in assets	0	0
Derivatives, included in liabilities:
Derivatives, included in liabilities		0
Fair Value Inputs Level 1 [Member] | Interest Rate Swap [Member]
Derivatives, included in assets:
Derivatives, included in assets	0	0
Derivatives, included in liabilities:
Derivatives, included in liabilities	0	0
Fair Value Inputs Level 1 [Member] | Other Available For Sale Securities [Member]
Securities available for sale
Investment securities available for sale	0	0
Fair Value Inputs Level 2 [Member] | U S Treasury Securities [Member]
Securities available for sale
Investment securities available for sale	0	0
Fair Value Inputs Level 2 [Member] | Us Government Agencies Debt Securities Noncallable [Member]
Securities available for sale
Investment securities available for sale	286,066	228,157
Fair Value Inputs Level 2 [Member] | Us Government Agencies Debt Securities Callable [Member]
Securities available for sale
Investment securities available for sale	1,607,273	1,653,140
Fair Value Inputs Level 2 [Member] | US States And Political Subdivisions Member [Member]
Securities available for sale
Investment securities available for sale	39,073	40,658
Fair Value Inputs Level 2 [Member] | Private Label Mbs [Member]
Securities available for sale
Investment securities available for sale	0	0
Fair Value Inputs Level 2 [Member] | Interest Rate Cap [Member] | Purchase
Derivatives, included in assets:
Derivatives, included in assets	1	6
Fair Value Inputs Level 2 [Member] | Interest Rate Cap [Member] | Written
Derivatives, included in liabilities:
Derivatives, included in liabilities	1	6
Fair Value Inputs Level 2 [Member] | Forward And Future Contracts [Member]
Derivatives, included in assets:
Derivatives, included in assets	0	0
Derivatives, included in liabilities:
Derivatives, included in liabilities	220	148
Fair Value Inputs Level 2 [Member] | Interest Rate Swap [Member]
Derivatives, included in assets:
Derivatives, included in assets	0	33
Derivatives, included in liabilities:
Derivatives, included in liabilities	0	33
Fair Value Inputs Level 2 [Member] | Other Available For Sale Securities [Member]
Securities available for sale
Investment securities available for sale	0	0
Fair Value Inputs Level 3 [Member] | U S Treasury Securities [Member]
Securities available for sale
Investment securities available for sale	0	0
Fair Value Inputs Level 3 [Member] | Us Government Agencies Debt Securities Noncallable [Member]
Securities available for sale
Investment securities available for sale	0	0
Fair Value Inputs Level 3 [Member] | Us Government Agencies Debt Securities Callable [Member]
Securities available for sale
Investment securities available for sale	0	0
Fair Value Inputs Level 3 [Member] | US States And Political Subdivisions Member [Member]
Securities available for sale
Investment securities available for sale	2,390	2,564
Fair Value Inputs Level 3 [Member] | Private Label Mbs [Member]
Securities available for sale
Investment securities available for sale	31,824	33,648
Fair Value Inputs Level 3 [Member] | Interest Rate Cap [Member] | Purchase
Derivatives, included in assets:
Derivatives, included in assets	0	0
Fair Value Inputs Level 3 [Member] | Interest Rate Cap [Member] | Written
Derivatives, included in liabilities:
Derivatives, included in liabilities	0	0
Fair Value Inputs Level 3 [Member] | Forward And Future Contracts [Member]
Derivatives, included in assets:
Derivatives, included in assets	0	0
Derivatives, included in liabilities:
Derivatives, included in liabilities	0	0
Fair Value Inputs Level 3 [Member] | Interest Rate Swap [Member]
Derivatives, included in assets:
Derivatives, included in assets	0	0
Derivatives, included in liabilities:
Derivatives, included in liabilities	0	0
Fair Value Inputs Level 3 [Member] | Other Available For Sale Securities [Member]
Securities available for sale
Investment securities available for sale	$100	$0

FAIR_VALUE_Fair_Value_of_Asset

FAIR VALUE - Fair Value of Assets and Liabilities Measured on Recurring Basis (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015		Mar. 31, 2014
Total gains or (losses) (realized/unrealized):
Included in earnings	$156		$0
Principal Repayments	-2,461	[1]	-1,869	[1]
Available for Sale Securities
Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning balance	36,212	[1]	43,292	[1]
Total gains or (losses) (realized/unrealized):
Included in earnings	156	[1]	0	[1]
Included in other comprehensive income	-619	[1]	-964	[1]
Purchases	100	[1]	5,123	[1]
Ending balance	$34,314	[1]	$47,510	[1]
[1]	Amounts mostly related to private label MBS.

FAIR_VALUE_Assets_and_Liabilit1

FAIR VALUE - Assets and Liabilities Measured at Fair Value on Recurring Basis Using Significant Unobservable Inputs (Level 3) (Detail) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Investment securities available-for-sale:
Discount rate used for calculation of mortgage servicing rights value	14.50%	14.50%
Fair value input prepayment rate	31.56%	32.00%
Securities available for sale
Discount rate used for calculation of mortgage servicing rights value	14.50%	14.50%
Fair value input prepayment rate	31.56%	32.00%
Private Label Mbs [Member]
Investment securities available-for-sale:
Fair Value	31,824
Discount rate used for calculation of mortgage servicing rights value	14.50%
Securities available for sale
Fair Value	31,824
Discount rate used for calculation of mortgage servicing rights value	14.50%
US States And Political Subdivisions Member [Member]
Investment securities available-for-sale:
Fair Value	2,390
Unobservable input prepayment rate	2.89%
Securities available for sale
Fair Value	2,390
Unobservable input prepayment rate	2.89%
Discounted Cash Flow [Member] | Private Label Mbs [Member]
Investment securities available-for-sale:
Valuation technique	Discounted cash flow
Securities available for sale
Valuation technique	Discounted cash flow
Discounted Cash Flow [Member] | US States And Political Subdivisions Member [Member]
Investment securities available-for-sale:
Valuation technique	Discounted cash flow
Securities available for sale
Valuation technique	Discounted cash flow
Minimum [Member]
Investment securities available-for-sale:
Fair value input prepayment rate	18.04%	19.89%
Securities available for sale
Fair value input prepayment rate	18.04%	19.89%
Minimum [Member] | Private Label Mbs [Member]
Investment securities available-for-sale:
Fair value input prepayment rate	18.04%
Fair value projected Cumulative Loss Rate	0.00%
Securities available for sale
Fair value input prepayment rate	18.04%
Fair value projected Cumulative Loss Rate	0.00%
Maximum [Member]
Investment securities available-for-sale:
Fair value input prepayment rate	100.00%	100.00%
Securities available for sale
Fair value input prepayment rate	100.00%	100.00%
Maximum [Member] | Private Label Mbs [Member]
Investment securities available-for-sale:
Fair value input prepayment rate	100.00%
Fair value projected Cumulative Loss Rate	80.00%
Securities available for sale
Fair value input prepayment rate	100.00%
Fair value projected Cumulative Loss Rate	80.00%

FAIR_VALUE_Change_in_unrealize

FAIR VALUE - Change in unrealized losses included in earnings (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015		Mar. 31, 2014
Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Included in earnings	$156		$0
Available for Sale Securities
Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Included in earnings	$156	[1]	$0	[1]
[1]	Amounts mostly related to private label MBS.

FAIR_VALUE_Impairment_of_Valua

FAIR VALUE - Impairment of Valuation Adjustments were Recorded for Assets Recognized at Fair Value (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014		Mar. 31, 2015		Dec. 31, 2014	Dec. 31, 2013
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Mortgage servicing rights	$22,026		$22,973		$22,838	$21,987
Loans Receivable [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets Fair Value Adjustment	-23,793	[1]
Other Real Estate Owned [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets Fair Value Adjustment	-4,747	[2]
Mortgage Servicing Rights [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets Fair Value Adjustment	-219	[3]
Loans Held For Sale [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets Fair Value Adjustment	0	[4]
Fair Value Measurements Nonrecurring [Member] | Loans Receivable [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets Fair Value Adjustment			-13,725	[5]
Fair Value Measurements Nonrecurring [Member] | Other Real Estate Owned [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets Fair Value Adjustment			-2,711	[2]
Fair Value Measurements Nonrecurring [Member] | Mortgage Servicing Rights [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets Fair Value Adjustment			-38	[6]
Fair Value Measurements Nonrecurring [Member] | Loans Held For Sale [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets Fair Value Adjustment			0	[4]
Fair Value Inputs Level 1 [Member] | Fair Value Measurements Nonrecurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loans receivable	0	[1]	0	[5]
Other Real Estate Owned	0	[2]	0	[2]
Mortgage servicing rights	0	[3]	0	[6]
Loans held for sale	0	[4]	0	[4]
Fair Value Inputs Level 2 [Member] | Fair Value Measurements Nonrecurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loans receivable	0	[1]	0	[5]
Other Real Estate Owned	0	[2]	0	[2]
Mortgage servicing rights	0	[3]	0	[6]
Loans held for sale	0	[4]	0	[4]
Fair Value Inputs Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loans receivable	478,393	[1]
Other Real Estate Owned	138,622	[2]
Mortgage servicing rights	22,026	[3]
Loans held for sale	54,755	[4]
Fair Value Inputs Level 3 [Member] | Fair Value Measurements Nonrecurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loans receivable			436,944	[5]
Other Real Estate Owned			122,628	[2]
Mortgage servicing rights			22,973	[6]
Loans held for sale			$54,588	[4]
[1]	B Mainly impaired commercial and construction loans. The impairment was generally measured based on the fair value of the collateral. The fair values were derived from external appraisals that take into consideration prices in observed transactions involving similar assets in similar locations but adjusted for specific characteristics and assumptions of the collateral (e.g. absorption rates), which are not market observable.
[2]	The fair value was derived from appraisals that take into consideration prices in observed transactions involving similar assets in similar locations but adjusted for specific characteristics and assumptions of the properties (e.g., absorption rates and net operating income of income producing properties), which are not market observable. Losses were related to market valuation adjustments after the transfer of the loan to the OREO portfolio.
[3]	Fair value adjustments to the mortgage servicing rights were mainly due to assumptions associated with mortgage prepayments rates. The Corporation carries its mortgage servicing rights at the lower-of-cost or market, measured at fair value on a non-recurring basis. Assumptions for the value of mortgage servicing rights included: Prepayment Rate-9.10%, Discount Rate-10.61%.
[4]	The value of these loans was derived from external appraisals, adjusted for specific characteristics of the loans, and, for loans with signed sale agreements, the value was determined based on the sales price in such agreements.
[5]	Mainly impaired commercial and construction loans. The impairment was generally measured based on the fair value of the collateral. The fair values were derived from external appraisals that take into consideration prices in observed transactions involving similar assets in similar locations but adjusted for specific characteristics and assumptions of the collateral (e.g., absorption rates), which are not market observable.
[6]	Fair value adjustments to mortgage servicing rights were mainly due to assumptions associated with mortgage prepayment rates. The Corporation carries its mortgage servicing rights at the lower of cost or market, measured at fair value on a non-recurring basis. Assumptions for the value of mortgage servicing rights included: Prepayment rate-10.25%, Discount Rate-10.62%.

FAIR_VALUE_Impairment_of_Valua1

FAIR VALUE - Impairment of Valuation Adjustments were Recorded for Assets Recognized at Fair Value (Parenthetical) (Detail) (USD $)	3 Months Ended	12 Months Ended	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Repayment rate used for the calculation of mortgage servicing rights value	31.56%	32.00%
Discount rate used for calculation of mortgage servicing rights value	14.50%	14.50%
Loans held for sale	$81,723	$76,956
Mortgage Servicing Rights [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Repayment rate used for the calculation of mortgage servicing rights value	10.25%		9.10%
Discount rate used for calculation of mortgage servicing rights value	10.62%		10.61%

FAIR_VALUE_Qualitative_Informa

FAIR VALUE - Qualitative Information Regarding Fair Value Measurements for Level 3 Financial Instruments (Detail)	3 Months Ended
	Mar. 31, 2015
Loans [Member]
Fair Value Option Quantitative Disclosures [Line Items]
Method	Income, Market, Comparable Sales, Discounted Cash Flows
Valuation technique	External appraised values; probability weighting of broker price opinions; management assumptions regarding market trends or other relevant factors
Other Real Estate Owned [Member]
Fair Value Option Quantitative Disclosures [Line Items]
Method	Income, Market, Comparable Sales, Discounted Cash Flows
Valuation technique	External appraised values; probability weighting of broker price opinions; management assumptions regarding market trends or other relevant factors
Mortgage Servicing Rights [Member]
Fair Value Option Quantitative Disclosures [Line Items]
Method	Discounted Cash Flow
Valuation technique	Weighted average prepayment rate of 10.25%; weighted average discount rate of 10.62%

FAIR_VALUE_Fair_Value_Detail

FAIR VALUE - Fair Value (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014
In Thousands, unless otherwise specified
Assets:
Investment securities available for sale	$1,974,226	$1,965,666
Less: allowance for loan and lease losses	-226,064	-222,395
Liabilities:
Other borrowings	231,959	231,959
Fair Value Inputs Level 3 [Member]
Assets:
Loans held for sale			54,755	[1]
Loans held for investment, net of allowance			478,393	[2]
Carrying Reported Amount Fair Value Disclosure [Member]
Assets:
Cash and due from banks and money market investments	984,436	796,108
Investment securities available for sale	1,974,226	1,965,666
Other equity securities	26,185	25,752
Loans held for sale	81,723	76,956
Loans, held for investment	9,485,372	9,262,436
Less: allowance for loan and lease losses	-226,064	-222,395
Loans held for investment, net of allowance	9,259,308	9,040,041
Derivatives, included in assets	1	39
Liabilities:
Deposits	9,841,038	9,483,945
Securities sold under agreements to repurchase	900,000	900,000
Advances from FHLB	325,000	325,000
Other borrowings	231,959	231,959
Derivatives, included in liabilities	221	187
Estimate Of Fair Value Fair Value Disclosure [Member]
Assets:
Cash and due from banks and money market investments	984,436	796,108
Investment securities available for sale	1,974,226	1,965,666
Other equity securities	26,185	25,752
Loans held for sale	82,942	77,888
Loans held for investment, net of allowance	9,115,707	8,844,659
Derivatives, included in assets	1	39
Liabilities:
Deposits	9,852,630	9,486,325
Securities sold under agreements to repurchase	966,365	958,715
Advances from FHLB	326,087	324,376
Other borrowings	169,935	162,344
Derivatives, included in liabilities	221	187
Estimate Of Fair Value Fair Value Disclosure [Member] | Fair Value Inputs Level 1 [Member]
Assets:
Cash and due from banks and money market investments	984,436	796,108
Investment securities available for sale	7,500	7,499
Other equity securities	0	0
Loans held for sale	0	0
Loans held for investment, net of allowance	0	0
Derivatives, included in assets	0	0
Liabilities:
Deposits	0	0
Securities sold under agreements to repurchase	0	0
Advances from FHLB	0	0
Other borrowings	0	0
Derivatives, included in liabilities	0	0
Estimate Of Fair Value Fair Value Disclosure [Member] | Fair Value Inputs Level 2 [Member]
Assets:
Cash and due from banks and money market investments	0	0
Investment securities available for sale	1,932,412	1,921,955
Other equity securities	26,185	25,752
Loans held for sale	28,301	23,247
Loans held for investment, net of allowance	0	0
Derivatives, included in assets	1	39
Liabilities:
Deposits	9,852,630	9,486,325
Securities sold under agreements to repurchase	966,365	958,715
Advances from FHLB	326,087	324,376
Other borrowings	0	0
Derivatives, included in liabilities	221	187
Estimate Of Fair Value Fair Value Disclosure [Member] | Fair Value Inputs Level 3 [Member]
Assets:
Cash and due from banks and money market investments	0	0
Investment securities available for sale	34,314	36,212
Other equity securities	0	0
Loans held for sale	54,641	54,641
Loans held for investment, net of allowance	9,115,707	8,844,659
Derivatives, included in assets	0	0
Liabilities:
Deposits	0	0
Securities sold under agreements to repurchase	0	0
Advances from FHLB	0	0
Other borrowings	169,935	162,344
Derivatives, included in liabilities	$0	$0
[1]	The value of these loans was derived from external appraisals, adjusted for specific characteristics of the loans, and, for loans with signed sale agreements, the value was determined based on the sales price in such agreements.
[2]	B Mainly impaired commercial and construction loans. The impairment was generally measured based on the fair value of the collateral. The fair values were derived from external appraisals that take into consideration prices in observed transactions involving similar assets in similar locations but adjusted for specific characteristics and assumptions of the collateral (e.g. absorption rates), which are not market observable.

SUPPLEMENTAL_CASH_FLOW_INFORMA2

SUPPLEMENTAL CASH FLOW INFORMATION - Supplemental Cash Flow Information (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Cash paid for:
Interest on borrowings	$24,502	$23,359
Income tax	82	113
Non-cash investing and financing activities:
Additions to other real estate owned	12,702	8,176
Additions to auto repossesions	20,464	20,771
Loan securitizations	46,914	50,792
Capitalization of servicing assets	1,073	1,052
Loans held for investment transferred to held for sale	0	0
Fair Value Of Assets Acquired	540,339
Deposits [Member]
Non-cash investing and financing activities:
Liabilities Assumed1	523,517	0
Loans [Member]
Non-cash investing and financing activities:
Fair Value Of Assets Acquired	311,410	0
Property Plant And Equipment [Member]
Non-cash investing and financing activities:
Fair Value Of Assets Acquired	5,450	0
Cash [Member]
Non-cash investing and financing activities:
Fair Value Of Assets Acquired	217,659
Core Deposits [Member]
Non-cash investing and financing activities:
Fair Value Of Assets Acquired	5,820	0
Other Liabilities [Member]
Non-cash investing and financing activities:
Liabilities Assumed1	$3,379

SEGMENT_INFORMATIO_Information

SEGMENT INFORMATIO - Information about reportable segments (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Segment Reporting Information [Line Items]
Interest income	$152,485	$160,571
Net (charge) credit for transfer of funds	0	0
Interest expense	-26,838	-29,251
Net interest income (loss)	125,647	131,320
(Provision) release for loan and lease losses	-32,970	-31,915
Non-interest income (loss)	19,286	17,960
Direct non-interest expenses	-64,705	-71,795
Segment (loss) income	47,258	45,570
Average earnings assets	11,940,989	12,096,474
Mortgage Banking [Member]
Segment Reporting Information [Line Items]
Interest income	33,876	25,748
Net (charge) credit for transfer of funds	11,236	8,546
Interest expense	0	0
Net interest income (loss)	22,640	17,202
(Provision) release for loan and lease losses	-6,963	-3,384
Non-interest income (loss)	3,399	3,102
Direct non-interest expenses	-8,065	-9,832
Segment (loss) income	11,011	7,088
Average earnings assets	2,492,247	1,955,990
Consumer Retail Banking [Member]
Segment Reporting Information [Line Items]
Interest income	49,836	55,812
Net (charge) credit for transfer of funds	-3,684	-3,635
Interest expense	-5,657	-6,796
Net interest income (loss)	47,863	52,651
(Provision) release for loan and lease losses	-16,685	-20,495
Non-interest income (loss)	12,417	10,630
Direct non-interest expenses	-31,559	-32,015
Segment (loss) income	12,036	10,771
Average earnings assets	2,045,277	2,006,395
Commercial And Corporate [Member]
Segment Reporting Information [Line Items]
Interest income	34,803	42,299
Net (charge) credit for transfer of funds	3,795	2,999
Interest expense	0	0
Net interest income (loss)	31,008	39,300
(Provision) release for loan and lease losses	-9,093	-13,345
Non-interest income (loss)	524	1,767
Direct non-interest expenses	-7,979	-12,578
Segment (loss) income	14,460	15,144
Average earnings assets	3,028,358	3,921,439
Treasury And Investments [Member]
Segment Reporting Information [Line Items]
Interest income	13,067	15,583
Net (charge) credit for transfer of funds	-7,754	-5,800
Interest expense	-16,007	-16,761
Net interest income (loss)	4,814	4,622
(Provision) release for loan and lease losses	0	0
Non-interest income (loss)	-100	53
Direct non-interest expenses	-1,339	-1,126
Segment (loss) income	3,375	3,549
Average earnings assets	2,764,058	2,710,930
United States Operations [Member]
Segment Reporting Information [Line Items]
Interest income	11,231	10,896
Net (charge) credit for transfer of funds	-3,593	-2,110
Interest expense	-4,339	-4,797
Net interest income (loss)	10,485	8,209
(Provision) release for loan and lease losses	2,133	5,959
Non-interest income (loss)	524	441
Direct non-interest expenses	-7,183	-7,220
Segment (loss) income	5,959	7,389
Average earnings assets	971,887	846,152
Virgin Islands Operations [Member]
Segment Reporting Information [Line Items]
Interest income	9,672	10,233
Net (charge) credit for transfer of funds	0	0
Interest expense	-835	-897
Net interest income (loss)	8,837	9,336
(Provision) release for loan and lease losses	-2,362	-650
Non-interest income (loss)	2,522	1,967
Direct non-interest expenses	-8,580	-9,024
Segment (loss) income	417	1,629
Average earnings assets	$639,162	$655,568

SEGMENT_INFORMATION_Reconcilia

SEGMENT INFORMATION - Reconciliation of Reportable Segment Financial Information (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015		Mar. 31, 2014
Net Income (Loss):
Total income for segments and other	$47,258		$45,570
Other non-interest income (loss)	13,443	[1]	-6,610	[1]
Other operating expenses	-27,023	[2]	-20,990	[2]
Income (loss) before income taxes	33,678		17,970
Income tax expense	-8,032		-887
Total consolidated net income (loss)	25,646		17,083
Average assets:
Total average earning assets for segments	11,940,989		12,096,474
Other average earning assets	0	[1]	6,570	[1]
Average non-earning assets	934,999		671,146
Total consolidated average assets	$12,875,988		$12,774,190
[1]	The bargain purchase gain on the acquisition of assets and assumption of deposits from Doral Bank in 2015 as well as the activities related to the Bank's equity interest in CPG/GS are presented as an Other non-interest income (loss) and the investment in CPG/GS is presented as Other average earning assets in the tables above.
[2]	Expenses pertaining to corporate administrative functions that support the operating segment but are not specifically attributable to or managed by any segment are not included in the reported financial results of the operating segments. The unallocated corporate expenses include certain general and administrative expenses and related depreciation and amortization expenses.

REGULATORY_MATTERS_COMMITMENTS2

REGULATORY MATTERS, COMMITMENTS AND CONTINGENCIES - Additional Information (Detail) (USD $)	3 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Commitments	$1,100
Percentage Of Trust Preferred Securities That Qualify As Tier 1 Capital		0.00%	25.00%
Four Major Risk Weightings Categories	(0%, 20%, 50%, and 100%)
Credit Cards [Member]
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Commitments	645.6
Commercial And Financial Standby Letters Of Credit [Member]
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Commitments	44.5
Basel III [Member]
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Common Equity Tier1 Capital To Risk Weight Assets Ratio	4.50%
Common Equity Tier 1 Capital Conservation Buffer	2.50%
Common Equity Tier 1 Capital To Risk Weight Assets Ratio Plus Common Equity Tier 1 Capital Conservation Buffer	7.00%
Total Tier 1 Capital To Risk Weight Assets Ratio	6.00%
Total Tier 1 Capital To Risk Weight Assets Ratio Plus Common Equity Tier 1 Capital Conservation Buffer	8.50%
Total Tier 1 Capital And Tier 2 Capital To Risk Weight Assets Ratio	8.00%
Total Tier 1 Capital And Tier 2 Capital To Risk Weight Assets Ratio Plus Common Equity Tier 1 Capital Conservation Buffer	10.50%
Leverage Ratio	4.00%
Common Equity Tier 1 Capital Conservation Buffer First Year	0.63%
Threshold For Deductions Of Certain Items From Common Equity Tier 1 Capital	10.00%
Threshold For Total Deductions From Common Equity Tier 1 Capital	15.00%
Trust Preferred Securities	$225
Percentage Of Trust Preferred Securities That Qualify As Tier 1 Capital	25.00%
Leverage Ratio Composite Rating	3.00%
Risk Weightings	150.00%
Supervisory Rating	1.00%
Basel III [Member] | Well Capitalized [Member]
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Tier 1 risk based capital ratio to be considered well capitalzed under PCA	8.00%
Tier 1 Common equity ratio to be considered well capitalized	6.50%
FirstBank [Member]
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Leverage ratio	13.28%			13.04%
Tier 1 risk based capital ratio	17.61%			18.10%
Total Risk Based Capital Ratio	18.89%			19.37%
Tier 1 risk based capital ratio to be considered well capitalzed under PCA	8.00%			6.00%
Total risk based capital to be considered well capitalized under PCA	10.00%			10.00%
Leverage ratio to be considered well capitalized under PCA	5.00%			5.00%
Common Equity Tier1 Capital To Risk Weight Assets Ratio	15.62%

REGULATORY_MATTERS_COMMITMENTS3

REGULATORY MATTERS, COMMITMENTS AND CONTINGENCIES- Regulatory Capital Positions (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets	4.00%
Holding Company [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Capital	$1,828,253	$1,748,120
TierOneRiskBasedCapital	1,537,862	1,636,004
TierOneLeverageCapital	1,537,862	1,636,004
CapitalRequiredForCapitalAdequacy	761,694	709,723
TierOneRiskBasedCapitalRequiredForCapitalAdequacy	571,271	354,861
TierOneLeverageCapitalRequiredForCapitalAdequacy	505,698	493,159
Capital To Risk Weighted Assets	19.20%	19.70%
Tier One Risk Based Capital To Risk Weighted Assets	16.15%	18.44%
Tier One Leverage Capital To Average Assets	12.16%	13.27%
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets	8.00%	8.00%
Tier One Risk Based Capital Required For Capital AdequacyToRiskWeightedAssets	6.00%	4.00%
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets		4.00%
Common Equity Tier1 Capital To Risk Weight Assets Ratio	16.15%
Common Equity Tier 1 Capital To Risk Weight Assets	1,537,862
Common Equity Tier 1 Capital To Risk Weight Assets Ratio Capital Adequacy	4.50%
Common Equity Tier 1 Capital To Risk Weight Assets Capital Adequacy	428,453
FirstBank [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Capital	1,798,122	1,717,432
TierOneRiskBasedCapital	1,676,525	1,605,367
TierOneLeverageCapital	1,676,525	1,605,367
CapitalRequiredForCapitalAdequacy	761,410	709,395
TierOneRiskBasedCapitalRequiredForCapitalAdequacy	571,058	354,698
TierOneLeverageCapitalRequiredForCapitalAdequacy	505,036	492,468
CapitalRequiredToBeWellCapitalized	951,763	886,744
TierOneRiskBasedCapitalRequiredToBeWellCapitalized	761,410	532,046
Capital To Risk Weighted Assets	18.89%	19.37%
Tier One Risk Based Capital To Risk Weighted Assets	17.61%	18.10%
Tier One Leverage Capital To Average Assets	13.28%	13.04%
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets	8.00%	8.00%
Tier One Risk Based Capital Required For Capital AdequacyToRiskWeightedAssets	6.00%	4.00%
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets	4.00%	4.00%
Capital Required To Be Well Capitalized To Risk Weighted Assets	10.00%	10.00%
Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets	8.00%	6.00%
Tier One Leverage Capital Required To Be Well Capitalized To Average Assets	5.00%	5.00%
Tier One Leverage Capital Required To Be Well Capitalized	631,295	615,585
Common Equity Tier1 Capital To Risk Weight Assets Ratio	15.62%
Common Equity Tier 1 Capital To Risk Weight Assets	1,486,508
Common Equity Tier 1 Capital To Risk Weight Assets Ratio Capital Adequacy	4.50%
Common Equity Tier 1 Capital To Risk Weight Assets Capital Adequacy	428,293
Common Equity Tier 1 Capital To Risk Weight Assets Well Capitalized	$618,646
Common Equity Tier 1 Capital To Risk Weight Assets Ratio Well Capitalized	6.50%

FIRST_BANCORP_Holding_Company_2

FIRST BANCORP. (Holding Company Only) Financial Information - Statements of Financial Condition (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014
In Thousands, unless otherwise specified
ASSETS
Cash and due from banks	$767,471	$779,147
Money market investments	216,965	16,961	16,950
Investment securities available for sale, at market:
Other investment securities	972,501	939,700
Carrying Value Of Other Equity Security	700		300
Loans Receivable, net	9,341,031	9,116,997
Other assets	483,312	481,587
Total assets	13,147,919	12,727,835
Liabilities:
Other borrowings	231,959	231,959
Accounts payable and other liabilities	144,172	115,188
Total liabilities	11,442,169	11,056,092
Stockholders Equity	1,705,750	1,671,743	1,255,898
Total liabilities and stockholders' equity	13,147,919	12,727,835
Holding Company [Member]
ASSETS
Cash and due from banks	29,726	30,380
Money market investments	6,111	6,111
Investment securities available for sale, at market:
Carrying Value Of Other Equity Security	285	285
Loans Receivable, net	298	322
Other assets	4,617	4,357
Total assets	1,962,023	1,926,394
Liabilities:
Other borrowings	231,959	231,959
Accounts payable and other liabilities	24,314	22,692
Total liabilities	256,273	254,651
Stockholders Equity	1,705,750	1,671,743
Total liabilities and stockholders' equity	1,962,023	1,926,394
Holding Company [Member] | Investment In Banking Subsidiary [Member]
Investment securities available for sale, at market:
Equity Method Investments	1,900,671	1,866,090
Holding Company [Member] | Non Banking Subsidiary [Member]
Investment securities available for sale, at market:
Equity Method Investments	13,356	11,890
Holding Company [Member] | Statutory Trust One [Member]
Investment securities available for sale, at market:
Equity Method Investments	3,093	3,093
Holding Company [Member] | Statutory Trust Two [Member]
Investment securities available for sale, at market:
Equity Method Investments	$3,866	$3,866

FIRST_BANCORP_Holding_Company_3

FIRST BANCORP. (Holding Company Only) Financial Information - Statements of Loss (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Income:
Interest income on investment securities	$12,604	$15,228
Other Interest And Dividend Income	537	500
Expense:
Loss before income taxes and equity in undistributed earnings (losses) of subsidiaries	33,678	17,970
Income tax expense	-8,032	-887
Net income (loss)	25,646	17,083
Other comprehensive income (loss), net of tax	7,140	22,539
Comprehensive (loss) income	32,786	39,622
Holding Company [Member]
Income:
Other Interest And Dividend Income	5	5
Other income	56	53
Total interest income	61	58
Expense:
Notes payable and other borrowings	1,817	1,760
Other operating expenses	604	506
Total operating expenses	2,421	2,266
Loss before income taxes and equity in undistributed earnings (losses) of subsidiaries	-2,360	-2,208
Income tax expense	0	-2
Equity in undistributed earnings (losses) of subsidiaries	28,006	19,293
Net income (loss)	25,646	17,083
Other comprehensive income (loss), net of tax	7,140	22,539
Comprehensive (loss) income	$32,786	$39,622