First BanCorp. (FBP) 10-Q 9 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Jul. 31, 2017
Entity Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Trading Symbol	fbp
Entity Registrant Name	FIRST BANCORP /PR/
Entity Central Index Key	1,057,706
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		215,991,652

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($) $ in Thousands		Jun. 30, 2017	Dec. 31, 2016
ASSETS
Cash and due from banks		$ 422,150	$ 289,591
Money market investments:
Time deposits with other financial institutions		3,125	2,800
Other short-term investments		7,289	7,294
Total money market investments		10,414	10,094
Investment securities available for sale, at fair value:
Securities pledged that can be repledged		350,226	339,390
Other investment securities		1,409,819	1,542,530
Total investment securities available for sale		1,760,045	1,881,920
Investment securities held to maturity, at amortized cost:
Securities pledged that can be repledged		0	0
Other investment securities		156,049	156,190
Total investment securities held to maturity, fair value of $134,944 (2016- $132,759)		156,049	156,190
Other equity securities		43,072	42,992
Loans, net of allowance for loan and lease losses of $173,485 (2016 - $205,603)		8,687,691	8,681,270
Loans held for sale, at lower of cost or market		37,272	50,006
Total loans, net		8,724,963	8,731,276
Premises and equipment, net		146,586	150,828
Other real estate owned		150,045	137,681
Accrued interest receivable on loans and investments		44,491	45,453
Other assets		455,985	476,430
Total assets		11,913,800	11,922,455
LIABILITIES
Non-interest-bearing deposits		1,578,142	1,484,155
Interest-bearing deposits		7,164,751	7,347,050
Total deposits		8,742,893	8,831,205
Securities sold under agreements to repurchase	[1],[2]	300,000	300,000
Advances from the Federal Home Loan Bank (FHLB)		675,000	670,000
Other borrowings		216,187	216,187
Accounts payable and other liabilities		119,810	118,820
Total liabilities		10,053,890	10,136,212
Preferred stock, authorized 50,000,000 shares:
Non-cumulative Perpetual Monthly Income Preferred Stock: issued - 22,004,000 shares, outstanding 1,444,146 shares, aggregate liquidation value of $36,104		36,104	36,104
Common stock, $0.10 par value, authorized, 2,000,000,000 shares; issued, 219,928,329 shares (2016 - 218,700,394 shares issued)		21,993	21,870
Less: Treasury stock (at par value)		(397)	(125)
Common stock outstanding, 215,963,916 shares outstanding (2016 - 217,446,205 shares outstanding)		21,596	21,745
Additional paid-in capital		933,710	931,856
Retained earnings, includes legal surplus reserve of $52,436		883,129	830,928
Accumulated other comprehensive loss , net of tax of $7,752		(14,629)	(34,390)
Total stockholders' equity		1,859,910	1,786,243
Total liabilities and stockholders' equity		$ 11,913,800	$ 11,922,455
[1]	As of June 30, 2017, includes $200 million with an average rate of 2.11% that lenders have the right to call before their contractual maturities at various dates beginning on July 19, 2017. In addition, $100 million is tied to variable rates.
[2]	Reported net of securities purchased under agreements to repurchase (reverse repurchase agreements) by counterparty, when applicable, pursuant to ASC 210-20-45-11.

Consolidated Statements of Fin3

Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Allowance for loan and lease losses	$ 173,485	$ 173,485	$ 205,603
Preferred stock, shares authorized	50,000,000	50,000,000	50,000,000
Preferred stock, shares issued	22,004,000	22,004,000	22,004,000
Preferred stock, shares outstanding	1,444,146	1,444,146	1,444,146
Preferred stock, liquidation value	$ 36,104	$ 36,104	$ 36,104
Common stock, par value	$ 0.1	$ 0.1	$ 0.1
Common stock, shares authorized	2,000,000,000	2,000,000,000	2,000,000,000
Common stock, shares issued	219,928,329	219,928,329	218,700,394
Common stock, shares outstanding	215,963,916	215,963,916	217,446,205
Income tax expense	$ 9,290	$ 1,217
Legal Surplus Amount	52,436	52,436	$ 52,436
Held To Maturity Securities Fair Value	$ 134,944	134,944	132,759
Accumulated Other Comprehensive Income (Loss) [Member]
Income tax expense		$ 7,752	$ 7,752

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Interest and dividend income:
Loans	$ 132,697	$ 132,111	$ 264,139	$ 267,250
Investment securities	13,950	13,552	27,252	28,171
Money market investments	727	1,271	1,211	2,344
Total interest income	147,374	146,934	292,602	297,765
Interest expense:
Deposits	16,348	17,224	32,320	34,481
Securities sold under agreements to repurchase	2,765	6,029	5,388	11,505
Advances from FHLB	2,292	1,471	4,414	2,942
Other borrowings	2,065	1,982	4,027	3,961
Total interest expense	23,470	26,706	46,149	52,889
Net interest income	123,904	120,228	246,453	244,876
Provision for loan and lease losses	18,096	20,986	43,538	42,039
Net interest income after provision for loan and lease losses	105,808	99,242	202,915	202,837
Non-interest income:
Service charges and fees on deposit accounts	5,803	5,618	11,593	11,418
Mortgage banking activities	4,846	4,893	8,462	9,646
Net gain on sale of investments	371	0	371	8
Other-than-temporary impairment (OTTI) losses on available-for-sale debt securities:
Total other-than-temporary impairment losses	0	0	(12,231)	(1,845)
Portion of other-than-temporary impairment recognized in other comprehensive income (OCI)	0	0	0	(4,842)
Net impairment losses on available-for-sale debt securities	0	0	(12,231)	(6,687)
Gain on early extinguishment of debt	0	0	0	4,217
Insurance commission income	1,855	1,542	5,442	4,811
Other non-interest income	7,674	7,725	15,155	14,834
Total non-interest income	20,549	19,778	28,792	38,247
Non-interest expenses:
Employees' compensation and benefits	38,409	37,401	77,062	75,836
Occupancy and equipment	13,759	13,043	27,847	27,226
Business promotion	3,192	4,048	6,473	8,051
Professional fees	11,800	11,327	22,756	22,103
Taxes, other than income taxes	3,745	3,756	7,421	7,548
Insurance and supervisory fees	4,855	7,066	9,764	14,409
Net loss on real estate owned (REO) and REO operations	3,369	3,325	7,445	6,531
Credit and debit card processing expenses	3,566	3,274	6,397	6,556
Communications	1,628	1,725	3,171	3,533
Other non-interest expenses	4,746	4,579	8,615	10,748
Total non-interest expenses	89,069	89,544	176,951	182,541
Income before income taxes	37,288	29,476	54,756	58,543
Income tax expense	(9,290)	(7,523)	(1,217)	(13,246)
Net income	27,998	21,953	53,539	45,297
Net income attributable to common stockholders	$ 27,329	$ 21,953	$ 52,201	$ 45,297
Net income per common share:
Basic	$ 0.13	$ 0.1	$ 0.24	$ 0.21
Diluted	0.13	0.1	0.24	0.21
Dividends declared per common share	$ 0	$ 0	$ 0	$ 0

CONSOLIDATED STATEMENTS OF INC5

CONSOLIDATED STATEMENTS OF INCOME (LOSS) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Statement [Abstract]
Net gain on sale of investments	$ (371)	$ 0	$ (371)	$ (8)

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Net income		$ 27,998	$ 21,953	$ 53,539	$ 45,297
Available-for-sale debt securities on which an other-than-temporary impairment has been recognized:
Unrealized gain (loss) on debt securities on which an other-than-temporary impairment has been recognized		1,127	2,453	(1,803)	1,455
Reclassification adjustment for other-than-temporary impairment on debt securities included in net income	[1]	0	0	12,231	6,687
Reduction of non-credit OTTI component on securities sold		5,678	0	5,678	0
Reclassification adjustment for net gain included in net income		(371)	0	(371)	0
All other unrealized gains and losses on available-for-sale securities:
Reclassification Adjustment for net gain included in net income		0	0	0	(8)
All other unrealized holding gains on available-for-sale securities arising during the period		2,631	11,422	4,026	36,132
Other comprehensive income for the period		9,065	13,875	19,761	44,266
Total comprehensive income		$ 37,063	$ 35,828	$ 73,300	$ 89,563
[1]	For the six-month periods ended June 30, 2017 and 2016, approximately $12.2 million and $6.3 million, respectively, of the credit impairment recognized in earnings consisted of credit losses on Puerto Rico Government debt securities that were sold in the second quarter of 2017, as further discussed below. For the six-month period ended June 30, 2016, $0.4 million of the credit impairment recognized in earnings was associated with credit losses on private label MBS.

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities:
Net income		$ 53,539,000	$ 45,297,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		8,230,000	9,015,000
Amortization of intangible assets		2,242,000	2,442,000
Provision for loan and lease losses		43,538,000	42,039,000
Deferred income tax expense		728,000	11,972,000
Stock-based compensation		3,599,000	3,346,000
Gain on sales of investments		(371,000)	(8,000)
Gain on early extinguishment of debt		0	(4,217,000)
Other-than-temporary impairments on debt securities	[1]	12,231,000	6,687,000
Unrealized loss (gain) on derivative instruments		(307,000)	243,000
Net gain on disposition of premises and equipment and other assets		(133,000)	(686,000)
Net gain on sales of loans		(3,696,000)	(5,089,000)
Net amortization/accretion of premiums, discounts and deferred loan fees and costs		(4,235,000)	(4,624,000)
Originations and purchases of loans held for sale		(182,678,000)	(220,056,000)
Sales and repayments of loans held for sale		188,890,000	224,765,000
Amortization of broker placement fees		1,007,000	1,645,000
Net amortization/accretion of premium and discounts on investment securities		40,000	1,898,000
Decrease in accrued interest receivable		10,000	2,713,000
Increase (decrease) in accrued interest payable		567,000	(26,580,000)
Decrease in other assets		4,225,000	2,816,000
Increase (decrease) increase in other liabilities		4,148,000	(11,414,000)
Net cash provided by operating activities		131,574,000	82,204,000
Cash flows from investing activities:
Principal collected on loans		1,362,537,000	1,494,316,000
Loans originated and purchased		(1,498,967,000)	(1,321,511,000)
Proceeds from sale of loans held for investment		53,245,000	0
Proceeds from sale of repossessed assets		20,999,000	27,674,000
Proceeds from sale of available-for-sale securities		23,408,000	14,990,000
Purchases of available-for-sale securities		(12,440,000)	(279,500,000)
Proceeds from principal repayments and maturities of available-for-sale securities		119,664,000	183,570,000
Proceeds from principal repayments and maturities of held-to-maturity securities		141,000	141,000
Additions to premises and equipment		(5,269,000)	(5,280,000)
Proceeds from sale of premises and equipment and other assets		1,109,000	2,250,000
Net cash outflows from purchase/sale of insurance contracts		0	(960,000)
Net purchase/sale of other equity securities		80,000	210,000
Net cash provided by investing activities		64,347,000	115,480,000
Cash flows from financing activities:
Net increase in deposits		(64,810,000)	(114,613,000)
Net FHLB advances proceeds		(5,000,000)	0
Dividends paid on preferred stock		(1,338,000)	0
Repurchase of outstanding common stock		(1,894,000)	(590,000)
Repayment of junior subordinated debentures		0	(7,025,000)
Net cash used in financing activities		(63,042,000)	(122,228,000)
Net increase in cash and cash equivalents		132,879,000	75,456,000
Cash and cash equivalents at beginning of period		299,685,000	752,458,000
Cash and cash equivalents at end of period		432,564,000	827,914,000
Cash and cash equivalents include:
Cash and Cash Equivalents, at Carrying Value, Total		$ 299,685,000	$ 752,458,000
[1]	For the six-month periods ended June 30, 2017 and 2016, approximately $12.2 million and $6.3 million, respectively, of the credit impairment recognized in earnings consisted of credit losses on Puerto Rico Government debt securities that were sold in the second quarter of 2017, as further discussed below. For the six-month period ended June 30, 2016, $0.4 million of the credit impairment recognized in earnings was associated with credit losses on private label MBS.

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Preferred Stock [Member]	Common Stock [Member]	Additional Paid In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income [Member]
Total stockholders' equity			$ 21,509	$ 926,348	$ 737,922	$ (27,749)
Total stockholders' equity	$ 1,786,453	$ 36,104	21,713	928,900	737,922	16,517
Balance at beginning of period at Dec. 31, 2015			21,509	926,348	737,922	(27,749)
Common stock issued as compensation			44	(44)
Common stock withheld for taxes			(19)	(571)
Restricted stock grants			179	(179)
Restricted stock forfeited			0	0
Stock-based compensation				3,346
Net income	45,297				45,297
Dividends on preferred stock	0				0
Other comprehensive income, net of tax	44,266					44,266
Balance at end of period at Jun. 30, 2016	1,786,453	36,104	21,713	928,900	783,219	16,517
Total stockholders' equity	1,786,453	36,104	21,713	928,900	783,219	16,517
Total stockholders' equity	1,786,243		21,745	931,856	830,928	(34,390)
Total stockholders' equity	1,786,243	36,104	21,596	931,856	883,129	(14,629)
Balance at beginning of period at Dec. 31, 2016	1,786,243		21,745	931,856	830,928	(34,390)
Common stock issued as compensation			27	(27)
Common stock withheld for taxes			(33)	(1,861)
Restricted stock grants			95	(95)
Restricted stock forfeited			(238)	238
Stock-based compensation				3,599
Net income	53,539				53,539
Dividends on preferred stock	(1,338)				(1,338)
Other comprehensive income, net of tax	19,761					19,761
Balance at end of period at Jun. 30, 2017	1,859,910	36,104	21,596	933,710	883,129	(14,629)
Total stockholders' equity	$ 1,859,910	$ 36,104	$ 21,596	$ 933,710	$ 883,129	$ (14,629)

BASIS OF PRESENTATION AND SIGNI

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2017
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES	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, 2016. 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 th e 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, 2016, which are included in the Corporation ’s 2016 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 and six -month period ended June 30, 201 7 are not necessarily indicative of th e results to be expected for the entire year. Adoption of new accounting requirements and recently issued but not yet effective accounting requirements T he Financial Accounting Standards Board (“FASB”) has issued the following accounting pronouncements and guidance relevant to the Corporation’s operations: In May 2014, the FASB updated the Accounting Standards Codification (the “Codification” or the “ASC”) to create a new, principles-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 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 that entities can apply to achiev e 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 signif icant judgments used in determining that information. The new framework is effective for public business entities, with certain exceptions provided recently by the SEC staff, for annual periods beginning after December 15, 2017, including interim periods w ithin those reporting periods, as a result of the FASB’s amendment to the standard to defer the effective date by one year. Early adoption is permitted for interim periods beginning after December 15, 2016. While the new guidance does not apply to revenue associated with loans or securities, the Corporation has been working to identify the impact on fees and other non-interest revenues within the scope of the new guidance and assess the related revenues to determine if any accounting or internal control ch anges will be required for the new provisions. While the Corporation has not yet identified any material changes in the timing of revenue recognition, the Corporation’s review is ongoing. In March 2016, the FASB updated the Codification to simplify certa in aspects of the accounting for share-based payment transactions. The main provisions in this Update include: (i) recognition of all tax benefits and tax deficiencies (including tax benefits of dividends on share-base payment awards) as income tax expense or benefit in the income statement, (ii) classification of the excess tax benefit along with other income tax cash flows as an operating activity, (iii) an entity-wide accounting policy election to either estimate the number of awards that are expected to vest (current GAAP) or account for forfeitures when they occur, (iv) a threshold to qualify for equity classification that permits withholding up to the maximum statutory tax rate in the applicable jurisdictions, and (v) classification of cash paid by an employer as a financing activity when the payment results from the withholding of shares for tax withholding purposes. For public business entities, the amendments in this Update are effective for annual periods beginning after December 15, 2016, and inter im periods within those annual periods. The Corporation adopted the provisions during the first quarter of 2017 without any material impact on the Corporation’s consolidated financial statements. In March 2016, the FASB updated the Codification to require an equity method investor to add the cost of acquiring an additional interest in the investee to the current basis of the investor’s previously held interest and adopt the equity method of accounting as of the date the investment becomes qualified for equity method accounting. Therefore, upon qualifying for the equity method of accounting, no retroactive adjustment of the investment is required. Also, this Update requires that an entity that has an available-for sale equity security that becomes qua lified for the equity method of accounting recognize through earnings the unrealized holding gain or loss in accumulated other comprehensive income at the date the investment becomes qualified for use of the equity method. The amendments in this Update are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. The amendments should be applied prospectively upon their effective date to increases in the level of ownership interest or degr ee of influence that result in the adoption of the equity method. Early application is permitted. The adoption of this guidance during the first quarter of 2017 did not have an impact on the Corporation’s consolidated financial statements. In October 2016, the FASB updated the Codification to modify the criteria used by a reporting entity when determining if it is the primary beneficiary of a variable interest entity (“VIE”) when the entities are under common control and the reporting ent ity has indirect interests in the VIE through related parties. If the reporting entity meets the first criteria in that it has the power to direct the activities of the VIE that are most significant to its economic performance, it is required to consider a ll interests held indirectly through related entities on a proportionate basis in determining if it meets the second criterion, that is, the obligation to absorb losses of the VIE, or the right to receive benefits from it that are potentially significant t o the VIE. The amendments in this Update are effective for public business entities for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim perio d. The adoption of this guidance did not have an impact on the Corporation’s consolidated financial statements. In March 2017, the FASB updated the Codification to shorten the amortization period for certain purchased callable debt securities held at a premium. Specifically, the amendments require the premium to be amortized to the earliest call date. With respect to securities held at a discount, the amendments do not require an accounting change; thus, the discount continues to be amortized to matur ity. Under current GAAP, premiums and discounts on callable debt securities generally are amortized to the maturity date. An entity must have a large number of similar loans to consider estimates of future principal prepayments when applying the interest m ethod. However, an entity that holds an individual callable debt security at a premium may not amortize that premium to the earliest call date. If that callable debt security is subsequently called, the entity records a loss equal to the unamortized premiu m. The amendments in this Update more closely align the amortization period of premiums and discounts to expectations incorporated in market pricing on the underlying securities. In most cases, market participants price securities to the call date that pro duces the worst yield when the coupon is above current market rates (that is, the security is trading at a premium) and price securities to maturity when the coupon is below market rates (that is, the security is trading at a discount) in anticipation that the borrower will act in its economic best interest. As a result, the amendments more closely align interest income recorded on bonds held at a premium or a discount with the economics of the underlying instrument. For public business entities, the amendm ents in this Update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The adoption of this guidance is not expected to have a material impact on the Corporation’s statement of financial condit ion or results of operations. As of June 30, 2017, the Corporation had $ 4.2 million of callable debt securities held at a premium (unamortized premium of $ 0.1 million). In May 2017, the FASB updated the codification to reduce the cost and complexity w hen applying ASC Topic 718 and standardize the practice of applying Topic 718 to financial reporting. Topic 718 prescribes the accounting treatment of a modification in the terms or conditions of a share-based payment award. The guidance clarifies what cha nges would qualify as a modification. This was done by better defining what does not constitute a modification. In order for a change to a share-based arrangement to not require Topic 718 modification treatment, all of the following must be met : (i) the fa ir value (or alternative measurement method used ) of the modified award equals the fair value (or alternative measurement method used ) of the original award immediately before the original award is modified, (ii) the vesting conditions of the modified awar d are the same as the vesting conditions of the original award immediately before the original award is modified , and (iii) the classification of the modified award as an equity instrument or a liability instrument is the same as the classification of the original award immediately before the original award is modified. The current disclosure requirements in Topic 718 apply regardless of whether an entity is required to apply modification accounting under this Update. The amendments in this Update should be applied prospectively to an award modified on or after the adoption date. The amendments in this Update are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. Early adoption is permitted. The Corporation’s Omnibus Plan provides for equity based compensation incentives through the grant of stock options, stock appreciation rights, restricted stock, restricted stock units, performance shares, cash-based awards and other stock-based awards. If any change occurs in the future to the Omnibus Plan, the Corporation will evaluate it under this guidance.

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHARE	6 Months Ended
	Jun. 30, 2017
EARNINGS PER COMMON SHARE	NOTE 2 – EARNINGS PER COMMON SHARE The calculations of earnings per common share for the quarters and six-month periods ended June 30, 2017 and 2016 are as follows: Quarter Ended Six-Month Period Ended June 30, June 30, 2017 2016 2017 2016 (In thousands, except per share information) Net income $ 27,998 $ 21,953 $ 53,539 $ 45,297 Less: Preferred stock dividends (669) - (1,338) - Net income attributable to common stockholders $ 27,329 $ 21,953 $ 52,201 $ 45,297 Weighted-Average Shares: Average common shares outstanding 213,900 212,768 213,621 212,558 Average potential dilutive common shares 2,932 3,155 3,482 2,040 Average common shares outstanding- assuming dilution 216,832 215,923 217,103 214,598 Earnings per common share: Basic $ 0.13 $ 0.10 $ 0.24 $ 0.21 Diluted $ 0.13 $ 0.10 $ 0.24 $ 0.21 Earnings per common share is computed by dividing net income attributable to comm on 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, i ncluding any dividends declared , and any cumulative dividends related to the current dividend period that have not been declared as o f the end of the period. Basic weighted-average common shares outstanding exclude unvested shar es of restricted stock that do not contain non-forfeitable dividend rights. Potential common shares consist of common stock issuable under the assumed exercise of stock options, unvested shares of restricted stock that do not contain non-forfeitable dividend rights , 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 purch ase common stock at the exercise date. The difference between the numbers of potential shares issued and the shares purchased is added as incremental shares to the actual number of shares outstanding to compute diluted earnings per share. Stock options, un vested shares of restricted stock that do not contain non-forfeitable dividend rights , and outstanding warrants that result in lower potential shares issued than shares purchased under the treasury stock method are not included in the computation of dilutive earnin gs per share since their inclusion would have an antidilutive effect on earnings per share. There were no stock options outstanding as of June 30, 2017. Stock options not included in the computation of outstanding shares because they were antidilutive amou nted to 39,855 as of June 30, 2016 .

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	6 Months Ended
	Jun. 30, 2017
STOCK-BASED COMPENSATION	NOTE 3 – 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. A ll outstanding awards granted under this plan continued in full force and effect since then, subject to their original terms. No awards of shares could be granted under the 199 7 stock option plan as of its expiration . During the first quarter of 2017, all of the remaining outstanding awards granted under the 1997 stock option plan expire d . The activity of stock options granted under the 1997 stock option plan for the six-month period ended June 30, 2017 is set forth below: Weighted-Average Remaining Aggregate Number of Weighted-Average Contractual Term Intrinsic Value Options Exercise Price (Years) (In thousands) Beginning of period outstanding and exercisable 34,989 $ 138.00 Options expired (34,989) 138.00 End of period outstanding and exercisable - $ - - $ - On May 24, 2016, the Corporation’s stockholders approved the amendment and restatement of the First BanCorp . Omnibus Incentive Plan, as amended (the “Omnibus Plan”), to, among other things, increase the number of shares of c ommon s tock reserved for issuance under the Omnibus Plan, to extend the term of the Omnibus Plan to May 24, 2026 and to re-approve the material terms of the performance goals under the Omnibus Plan for purposes of Section 162(m) of the U.S. Internal Revenue Code of 1986, as amende d. 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, cash-based awards and other stock-based awards . The Omnibus Plan authorizes the issuance of up to 14,169,807 shares of common stock, subject to adjustments for stock splits, reorganizations, and other similar events. As of June 30, 2017, 7,984,812 shares of common stock were available for issuance und er the Omnibus Plan. The Corporation’s Board of Directors, upon receiving the relevant recommendation of the Corporation’s Compensation Committee, has the power and authority to determine those eligible to receive awards and to establish the terms and cond itions of any awards, subject to various limits and vesting restrictions that apply to individual and aggregate awards. Under the Omnibus Plan , during the first half of 2017, the Corporation awarded 3,644 shares of restricted stock that are subject to a one-year vesting period to a new independent director appointed in the first quarter. In addition, during the first half of 2017, the Corporation awarded 951,332 shares of restricted stock to employees subject to a vesting period of two years. Included in those 951,332 shares of restricted stock were 838,332 shares granted in the first quarter of 2017 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 , subject to limits on value and certain vesting and non-transferability requirements. On May 10, 2017, the United States Department of U.S. Treasury (the “U.S. Treasury”) announced that it sold all of its remaining 10,291,553 shares of the Corporation’s common stock. As a result of the U.S. Treasury’s sale, the Corporation is no longer subject to the compensation-related restrictions under TARP, which substantially limited the Corporation’s ability to award short-term and long-term incentives to the Corporation’s executives , and the transferability restrictions on the shares of restricted stock held by the senior officers subject to the restrictions lapsed. However, since the U.S. Treasury did not recover the full amoun t of its original investment under TARP, 2,370,571 outstanding shares of restricted stock held by senior officers were forfeited, resulting in a reduction in the number of common shares outstanding. The U.S. Treasury continues to hold a warrant to purchase 1,285,89 9 shares of the Corporation’s common stock. The fair value of the shares of restricted stock granted in the first half of 2017 was based on the market price of the Corporation’s outstanding common stock on the date of the grant. For the 838,332 shares of restricted stock granted under the TARP requirements, the market price was discounted assuming that 50 % of the shares of restricted stock would become freely transferable and the remaining 50 % would be forfeited , resulting in a fair value o f $ 2.71 for each share of restricted stock granted under TARP requirements . Since the assumption was correct, the forfeiture resulting from the U.S. Treasury’s sale did not have an impact in the Corporation’s operating results . Also, the Corporation used empirical data to estimate em ployee 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 the first half of 2017 under the Omnibus Plan: Six-Month Period Ended June 30, 2017 Number of shares Weighted-Average of restricted Grant Date stock Fair Value Non-vested shares at beginning of year 4,178,791 $ 2.58 Granted 954,976 3.04 Forfeited (1) (2,383,571) 2.30 Vested (2) (916,044) 3.34 Non-vested shares at June 30, 2017 1,834,152 $ 2.79 (1) Includes 2,370,571 of outstanding shares of restricted stock, subject to TARP requirements, that were forfeited as a result of the U.S. Treasury's sale of its remaining shares of the Corporation's common stock. (2) Includes 743,021 shares of restricted stock released from TARP restrictions. For the quarter and six -month period ended June 30, 201 7 , the Corporation recognized $ 1.0 million and $ 2.0 million, respectively, of stock-based compensation expense related to restricted stock awards, compared to $ 1.0 million and $ 1.9 million for the same periods in 2016, respectively. As of June 30, 2017, there was $ 4.4 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 1.4 years. During the first half of 2016 , the Corporation awarded 1,786,137 shares of restricted stock to employees subject to a vesting period of two years. Included in those 1,786,137 shares of restricted stock were 1,546,137 shares granted to ce rtain senior officers consistent with the requirements of TARP. As explained above, the Corporation is no longer subject to the compensation-related restrictions under TARP as a result of the U.S. Treasury’s sale of its remaining shares of the Corporation’ s common stock. The fair value of the shares of restricted stock granted in the first half of 2016 was based on the market price of the Corporation’s outstanding common stock on the date of the grant. For the 1,546,137 shares of restricted stock grant ed under the TARP requirements, the market price was discounted due to the post-vesting restrictions . For purposes of determining the awards’ fair value, the Corporation assumed that 50 % of the shares of restricted stock would become freely transferable and the remaining 50 % will be forfeited, resulting in a fair value of $ 1.43 for restricted shares granted under the TARP requirements. Stock-based compensation accounting guidance requires the Corporation to reverse compensation expense for any awards th at are 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 perio d 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 t he financial statements. If the actual forfeiture rate is lower than the estimated forfeiture rate, an adjustment is made to decrease the estimated forfeiture rate, which will result in an increase in the expense recognized in the financial statements. Th e estimated forfeiture rate did not change as a result of the restricted shares forfeited in connection with the aforementioned U.S. Treasury’s sale of the Corporation’s common stock. Also, under the Omnibus Plan, effective April 1, 2013, the Corporati on’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 half of 201 7 , t he Corporation issued 272,959 shares of common stock (first half of 2016 – 441,942 shares) with a weighted average market value of $ 5.94 (first half of 2016 – $ 3.20 ) as salary stock compensation. This resulted in a compensation expense of $ 1.6 million recorded in the first half of 201 7 (first half of 2016 – $ 1.4 million) . For the first half of 201 7 , the Corporation withheld 90,973 shares (first half of 2016 – 134,949 shares) from the common stock paid to certain senior officers as additional compensation and 235,680 shares of restricted stock that vested during the first half of 201 7 (first half of 2016 – 51,754 ) to cover employees’ payroll and income tax withholding liabilities; these shares are held as treasury shares. The Corporation paid a ny 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 . On June 29, 2017, the Corporation’s Board of Direc tors upon the recommendation of the Corporation’s Compensation and Benefits Committee, approved a new executi ve compensation program that, as of July 1, 2017, applies to the Corporation’s executive officers as a result of the aforementioned sale by the U.S. Treasury of its remaining shares of the Corporation’s common stock. The new compensation program for executive officers maintains the current levels of cash salary through calendar year 2017. The payment of additional salary amounts currently paid in the form of stock wil l continue through the second quarter of 2018 and will be eliminated at such time. In addition, as a long-term incentive, the new compensation program provides a variable pay opportunity for long-term performance through a combination of performance shares and restricted stock. The aggregate value of the performance shares and restricted stock will be determined based upon a qualitative assessment of the achievement by executives of their individual goals for the prior year and at three different poss ible aggregate equity valuation levels (minimum threshold, target and maximum). The Corporation’s Board of Directors has determined that 60 % of the long-term incentive award value based upon prior year performance will be in performance shares and 40 % will be in restricted stock with the following terms: Performance Shares— the payout of the performance shares will depend upon the achievement of a pre-established corporate tangible book value per share goal at the end of a three-year period. All of the pe rformance shares will vest if performance is at the pre-established performance goal level or above. To the extent that performance is below the target but at or above a pre-defined minimum threshold, a proportionate amount of the performance shares will v est. No performance shares will vest if performance is below the threshold. Restricted Stock— Restricted stock will vest over a three-year period as follows: fifty percent ( 50 %) of the shares will vest on the second anniversary date of the grant of the awa rd and the remaining fifty percent ( 50 %) will vest on the third anniversary date of the grant of the award . The first awards of performance shares are e xpected to be made in early 2018 .

INVESTMENT SECURITIES

INVESTMENT SECURITIES	6 Months Ended
	Jun. 30, 2017
INVESTMENT SECURITIES	NOTE 4 – 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, and weighted average yield of investment securities available for sale by contractual maturities as of June 30, 2017 and December 31, 2016 were as follo ws: June 30, 2017 Amortized cost Noncredit Loss Component of OTTI Recorded in OCI Fair value Weighted-average yield% Gross Unrealized gains losses (Dollars in thousands) U.S. Treasury securities: After 1 to 5 years $ 7,443 $ - $ - $ 12 $ 7,431 1.29 Obligations of U.S. government-sponsored agencies: Due within one year 69,976 - - 107 69,869 1.04 After 1 to 5 years 361,964 - 171 1,875 360,260 1.37 After 5 to 10 years 16,943 - 29 159 16,813 2.00 After 10 years 42,592 - - 239 42,353 1.60 Puerto Rico government obligations: After 10 years 7,980 - 68 2,402 5,646 5.00 United States and Puerto Rico government obligations 506,898 - 268 4,794 502,372 1.42 Mortgage-backed securities: FHLMC certificates: After 5 to 10 years 21,643 - 62 - 21,705 2.18 After 10 years 277,351 - 489 4,054 273,786 2.18 298,994 - 551 4,054 295,491 2.18 GNMA certificates: After 1 to 5 years 94 - 2 - 96 3.33 After 5 to 10 years 81,006 - 1,635 - 82,641 3.05 After 10 years 114,213 - 8,175 21 122,367 4.35 195,313 - 9,812 21 205,104 3.81 FNMA certificates: Due within one year 52 - - - 52 4.04 After 1 to 5 years 16,949 - 475 - 17,424 2.56 After 5 to 10 years 19,418 - 19 191 19,246 2.01 After 10 years 646,918 - 4,548 7,058 644,408 2.38 683,337 - 5,042 7,249 681,130 2.37 Collateralized mortgage obligations guaranteed by the FHLMC and GNMA: After 5 to 10 years 19,074 - 23 - 19,097 1.87 After 10 years 37,948 - 187 - 38,135 1.89 57,022 - 210 - 57,232 1.88 Other mortgage pass-through trust certificates: After 10 years 24,838 6,637 - - 18,201 2.40 24,838 6,637 - - 18,201 2.40 Total mortgage-backed securities 1,259,504 6,637 15,615 11,324 1,257,158 2.53 Other After 1 to 5 years 100 - - - 100 1.49 Equity Securities (1) 419 - - 4 415 2.08 Total investment securities available for sale $ 1,766,921 $ 6,637 $ 15,883 $ 16,122 $ 1,760,045 2.21 (1) Equity securities consisted of investment in a Community Reinvestment Act Qualified Investment Fund. December 31, 2016 Amortized cost Noncredit Loss Component of OTTI Recorded in OCI Fair value Weighted-average yield% Gross Unrealized gains losses (Dollars in thousands) U.S. Treasury securities: Due whithin one year $ 7,508 $ - $ 1 $ - $ 7,509 0.57 Obligations of U.S. government-sponsored agencies: After 1 to 5 years 440,438 - 142 2,912 437,668 1.33 After 5 to 10 years 16,942 - 9 256 16,695 1.91 After 10 years 44,145 - 8 166 43,987 1.12 Puerto Rico government obligations: After 1 to 5 years 21,422 12,222 - - 9,200 - After 10 years 21,245 2,028 73 1,662 17,628 1.86 United States and Puerto Rico government obligations 551,700 14,250 233 4,996 532,687 1.29 Mortgage-backed securities: FHLMC certificates: After 5 to 10 years 5,908 - 72 - 5,980 2.25 After 10 years 314,906 - 261 5,827 309,340 2.17 320,814 - 333 5,827 315,320 2.17 GNMA certificates: After 1 to 5 years 83 - 3 - 86 3.82 After 5 to 10 years 91,744 - 1,635 92 93,287 3.06 After 10 years 123,548 - 9,706 - 133,254 4.36 215,375 - 11,344 92 226,627 3.81 FNMA certificates: Due within one year 152 - 2 - 154 4.71 After 1 to 5 years 24,409 - 435 - 24,844 2.18 After 5 to 10 years 17,181 - - 261 16,920 1.87 After 10 years 690,625 - 4,136 9,406 685,355 2.35 732,367 - 4,573 9,667 727,273 2.33 Collateralized mortgage obligations issued or guaranteed by the FHLMC and GNMA: After 1 to 5 years 19,851 - 4 31 19,824 1.42 After 10 years 39,120 - - 132 38,988 1.44 58,971 - 4 163 58,812 1.43 Other mortgage pass-through trust certificates: After 10 years 28,815 8,122 - - 20,693 2.40 Total mortgage-backed securities 1,356,342 8,122 16,254 15,749 1,348,725 2.49 Other After 1 to 5 years 100 - - - 100 1.50 Equity Securities (1) 415 - - 7 408 2.44 Total investment securities available for sale $ 1,908,557 $ 22,372 $ 16,487 $ 20,752 $ 1,881,920 2.14 (1) Equity securities consisted of investment in a Community Reinvestment Act Qualified Investment Fund. 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 an d/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 ar e 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 June 30, 2017 and December 31, 2016. 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. For unrealized losses for which OTTI was recognized, the related credit loss was charged against the amortized cost basis of the debt security . As of June 30, 2017 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 $ - $ - $ 1,470 $ 2,402 $ 1,470 $ 2,402 U.S. Treasury and U.S. government agencies obligations 422,548 2,234 27,918 158 450,466 2,392 Mortgage-backed securities: FNMA 461,637 7,249 - - 461,637 7,249 FHLMC 215,527 4,027 867 27 216,394 4,054 GNMA 798 21 - - 798 21 Other mortgage pass-through trust certificates - - 18,201 6,637 18,201 6,637 Equity securities 410 4 - - 410 4 $ 1,100,920 $ 13,535 $ 48,456 $ 9,224 $ 1,149,376 $ 22,759 As of December 31, 2016 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 $ - $ - $ 22,609 $ 15,912 $ 22,609 $ 15,912 U.S. Treasury and U.S. government agencies obligations 469,046 3,334 - - 469,046 3,334 Mortgage-backed securities: FNMA 519,008 9,667 - - 519,008 9,667 FHLMC 244,839 5,827 - - 244,839 5,827 GNMA 43,388 92 - - 43,388 92 Collateralized mortgage obligations issued or guaranteed by FHLMC and GNMA 55,309 163 - - 55,309 163 Other mortgage pass-through trust certificates - - 20,693 8,122 20,693 8,122 Equity securities 408 7 - - 408 7 $ 1,331,998 $ 19,090 $ 43,302 $ 24,034 $ 1,375,300 $ 43,124 Assessment for OTTI Debt securities issued by U.S. government agencies, U.S. government-sponsored entities , and the U.S. Treasu ry accounted for approximately 99 % of the total availabl e-for-sale portfolio as of June 3 0, 2017 and no credit losses are expected, given the explicit and implicit guarantees provided by the U.S. federal government. The Corporation’s OTTI asses sment was concentrated mainly on private label mortgage-backed securities (“MBS”) and on Puerto Rico government debt securities , for which credit losses are evaluated on a quarterly basis. 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; Any adverse change to the credit conditions and liquidity of the issuer, taking into consideration the latest informat ion available about the financial condition of the is suer, credit ratings, the failure of the issuer to make scheduled principal or interest payments, recent legislation and government actions affecting the issuer’s industry and actions taken by the issuer to deal with the present economic climate ; Changes i n the near term prospects of the underlying collateral of a security , if any, such as changes in default rates, loss severity given default , and significant changes in prepayment assumptions; and The level of cash flows generated from the underlying collat eral , if any, supporting the principal and interest payments of the debt securities. T he Corporation recorded OTTI losses on available-for-sale debt securities as follows: Quarter Ended Six-Month Period Ended June 30, June 30, 2017 2016 2017 2016 (In thousands) Total other-than-temporary impairment losses $ - $ - $ (12,231) $ (1,845) Portion of other-than-temporary impairment recognized in OCI - - - (4,842) Net impairment losses recognized in earnings (1) $ - $ - $ (12,231) $ (6,687) (1) For the six-month periods ended June 30, 2017 and 2016, approximately $12.2 million and $6.3 million, respectively, of the credit impairment recognized in earnings consisted of credit losses on Puerto Rico Government debt securities that were sold in the second quarter of 2017, as further discussed below. For the six-month period ended June 30, 2016, $0.4 million of the credit impairment recognized in earnings was associated with credit losses on private label MBS. The following tables summarize the roll-forward of credit losses on debt securities held by the Corporation for which a portion of an OTTI is recognized in OCI: Cumulative OTTI credit losses recognized in earnings on securities still held Credit impairments Credit impairments Credit loss March 31, recognized in earnings recognized in earnings on reductions for June 30, 2017 on securities not securities that have been securities sold 2017 Balance previously impaired previously impaired during the period Balance (In thousands) Available-for-sale securities Puerto Rico government obligations $ 34,420 $ - $ - $ (34,420) $ - Private label MBS 6,792 - - - 6,792 Total OTTI credit losses for available-for-sale debt securities $ 41,212 $ - $ - $ (34,420) $ 6,792 Cumulative OTTI credit losses recognized in earnings on securities still held Credit impairments Credit loss December 31, recognized in earnings on reductions for June 30, 2016 securities that have been securities sold 2017 Balance previously impaired during the period Balance (In thousands) Available-for-sale securities Puerto Rico government obligations $ 22,189 $ 12,231 $ (34,420) $ - Private label MBS 6,792 - - 6,792 Total OTTI credit losses for available-for-sale debt securities $ 28,981 $ 12,231 $ (34,420) $ 6,792 Cumulative OTTI credit losses recognized in earnings on securities still held Credit impairments Credit impairments March 31, recognized in earnings recognized in earnings on June 30, 2016 on securities not securities that have been 2016 Balance previously impaired previously impaired Balance (In thousands) Available-for-sale securities Puerto Rico government obligations $ 22,189 $ - $ - $ 22,189 Private label MBS 6,792 - - 6,792 Total OTTI credit losses for available-for-sale debt securities $ 28,981 $ - $ - $ 28,981 Cumulative OTTI credit losses recognized in earnings on securities still held Credit impairments Credit impairments December 31, recognized in earnings recognized in earnings on June 30, 2015 on securities not securities that have been 2016 Balance previously impaired previously impaired Balance (In thousands) Available-for-sale securities Puerto Rico government obligations $ 15,889 $ - $ 6,300 $ 22,189 Private label MBS 6,405 - 387 6,792 Total OTTI credit losses for available-for-sale debt securities $ 22,294 $ - $ 6,687 $ 28,981 During the second quarter of 2017, the Corporation sold for an aggregate of $ 23.4 million three Puerto Rico Government available-for-sale debt securities, specifically bonds of the GDB and the Puerto Rico Public Buildings Authority, carried on its book at an amortized cost at the time of sale of $ 23.0 million (net of $34.4 million in cumulative OTTI impairment charges). This transaction resulted in a $ 0.4 million recovery from previous OTTI charge s reflected in the statement of income as part of “net ga in on sale of investments.” Approximately $12.2 million of the cumulative OTTI charges on these securities was recorded in the first quarter of 2017. For the OTTI charge recorded in the first quarter of 2017, the Corporation considered revised esti mates of recovery rates based on the latest available information about the Puerto Rico government’s financial condition, including the downgrade of credit ratings, and the revised fiscal plan published by the Puerto Rico government in March 2017. The Corp oration applied a discounted cash flow analysis to its Puerto Rico government debt securities in order to calculate the cash flows expected to be collected and to determine if any portion of the decline in market value of these securities was considered a credit-related other-than-temporary i mpairment. The analysis derived an estimate of value based on the present value of risk-adjusted cash flows of the underlying securities and included the following components: The contractual fu ture cash flows of the bonds were projected based on the key terms as set forth in the official statements for each security. Such key terms include, among others, the interest rate, amortization schedule, if any, and maturity date. The risk-adjusted cash flows were calculated based on a probability of default analysis and recovery rate assumptions, including the weighting of different scenarios of ultimate recovery, considering the credit rating of each security. Co nstant monthly default rates were assumed throughout the li fe of the bonds, which considered the respective security's credit rating as of the date of the analysis. The adjusted future cash flows were then discounted at the original effective yield of each investment based on the purchase price and expected risk-ad justed future cash flows as of the purchase date of each investment. The discounted risk-adjusted cash flow anal ysis for the three Puerto Rico g overnment bonds mentioned above assumed a default probability of 100 %, as these three non-performing bond s had been in default since the third quarter of 2016. Based on this analysis, the C orporation recorde d in the first quarter of 2017 , other-than-temporary credit-related impa irment charges amounting to $12.2 million, assuming recovery rates ranging from 1 5 % to 80 % ( with a weighted average of 4 1 %). In addition, during the first quarter of 2016 , the Corporation recorded a $0.4 million credit-related impairment loss associated with private label MBS, which are collateralized by fixed-rate mortgages on s ingle-family residential properties in the United States. The interest rat es 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, si ngle-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, and since the Corporation does not have the intention to sell t he 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: As of As of June 30, 2017 December 31, 2016 Weighted Weighted Average Range Average Range Discount rate 14.3% 14.3% 14.1% 12.88% - 14.43% Prepayment rate 15.3% 12.5% - 25.0% 13.8% 6.5% - 22.5% Projected Cumulative Loss Rate 4% 0.1% - 6.8% 4% 0.2% - 8.6% Investment s Held to Maturity The amortized cost, gross unrealized gains and losses, approximate fair value, weighted-average yield and contractual maturities of investment securities held to maturity as of June 30, 2017 and December 31, 2016 were as follows: June 30, 2017 Amortized cost Fair value Weighted average yield% Gross Unrealized gains losses Puerto Rico Municipal Bonds: After 1 to 5 years $ 4,108 $ - $ 149 $ 3,959 5.38 After 5 to 10 years 7,628 - 492 7,136 4.25 After 10 years 144,313 - 20,464 123,849 4.94 Total investment securities held to maturity $ 156,049 $ - $ 21,105 $ 134,944 4.92 December 31, 2016 Amortized cost Fair value Weighted average yield% Gross Unrealized gains losses Puerto Rico Municipal Bonds: After 1 to 5 years $ 1,136 $ - $ 20 $ 1,116 5.38 After 5 to 10 years 10,741 - 718 10,023 4.47 After 10 years 144,313 - 22,693 121,620 4.74 Total investment securities held to maturity $ 156,190 $ - $ 23,431 $ 132,759 4.73 The following tables show the Corporation’s held-to-maturity 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 June 30, 2017 and December 31, 2016 : As of June 30, 2017 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 Municipal Bonds $ - $ - $ 134,944 $ 21,105 $ 134,944 $ 21,105 As of December 31, 2016 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 Municipal Bonds $ - $ - $ 132,759 $ 23,431 $ 132,759 $ 23,431 The Corporation determine s the fair mark et value of Puerto Rico Municipal Bonds based on a discounted cash flow analysis using risk-adjusted discount rates . A security with similar characteristics traded in the open market is used as a proxy for each municipal bond. Then the cash flow is discounted at the average spread over the discount curve exhibited by the proxy security at the end of each quarter. Approximately 70 % of the held-to-maturity municipal bonds were issued by three of the largest m unicipalities in Puerto Rico . The vast majority of revenues of these three municipalities are independent of the Puerto Rico central government. These obligations typically are not issued in bearer form, nor are they regis tered with the SEC and are not rated by external credit agencies. In most cases, t hese bonds have priority over the payment of operating cost s and expenses of the municipality , which are required by law to levy special property taxes in such amounts as are required for the payment of all of their respective general obligation bonds and loans. The PROMESA oversight board has not designated any of the Commonwealth’s 78 municipalities as covered entities under PROMESA. However, while the revised fiscal plan su bmitted by the Puerto Rico government did not contemplate a restructuring of the debt of Puerto Rico’s municipalities, the plan did call for the gradual elimination of budgetary subsidies provided to municipalities. Furthermore, municipalities are also lik ely to be affected by the negative economic and other effects resulting from expense, revenue or cash management measures taken to address the Puerto Rico Government’s fiscal and liquidity shortfalls, or measures included in fiscal plans of other governmen t entities, such as the gradual reduction of the Municipal Contribution in Lieu of Taxes (“CILT”) included in the Puerto Rico Electric Power A uthority (“PREPA”) fiscal plan and t he recently approved GDB Restructuring Support Agreement (the “GDB RSA”). The GDB RSA provides for the restructuring under Title VI of PROMESA of substantial portions of the GDB’s indebtedness, including deposits of municipalities , through the issuance of “Participating Bond Claims” i n exchange for the release of GDB from liability relating to the bonds, deposits, letters of credit and guarantees . Given the uncertain impact that the negative fiscal situation of the Puerto Rico central government and the measures taken or to be taken by other government entities may have on municipali ties, the Corporation cannot be certain if future impairment charges will be required against these securities. From time to time, the Corporation has securities held to maturity with an original maturity of three months or less that are considered cash and cash equivalents and classified as money market investments in the consolidated statements of f inancial condition. As of June 30, 2017 and December 31, 2016, the Corporation had no outstanding securities held to maturity that were classified as cash and cash equivalents .

OTHER EQUITY SECURITIES

OTHER EQUITY SECURITIES	6 Months Ended
	Jun. 30, 2017
OTHER EQUITY SECURITIES	NOTE 5 – 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 divi dends may be received on FHLB stock. As of June 30, 2017 and December 31, 2016 , the Corporation had investments in FHLB stock with a book value of $ 40.9 million and $ 40.8 million, respectively. The net realizable value is a reasonable prox y for the fair value of these instruments. Dividend income from FHLB stock for the quarters ended June 30, 2017 and 2016 was $ 0.5 million and $ 0. 4 million, respectively , and for the six -month periods ended June 30, 201 7 and 201 6 was $ 0.9 million a nd $ 0.7 million, respectively. 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 11 regional, stockholder-owne d 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 i n 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 val ue. The carrying value of such securities as of June 30, 2017 and December 31, 2016 was $ 2.2 million.

LOAN PORTFOLIO

LOAN PORTFOLIO	6 Months Ended
	Jun. 30, 2017
LOAN PORTFOLIO	NOTE 6 – LOANS HELD FOR INVESTMENT The following table provides information about the loan portfolio held for investment: As of June 30, As of December 31, 2017 2016 (In thousands) Residential mortgage loans, mainly secured by first mortgages $ 3,282,307 $ 3,296,031 Commercial loans: Construction loans 122,093 124,951 Commercial mortgage loans 1,611,730 1,568,808 Commercial and Industrial loans (1) 2,116,756 2,180,455 Total commercial loans 3,850,579 3,874,214 Finance leases 242,645 233,335 Consumer loans 1,485,645 1,483,293 Loans held for investment 8,861,176 8,886,873 Allowance for loan and lease losses (173,485) (205,603) Loans held for investment, net $ 8,687,691 $ 8,681,270 (1) As of June 30, 2017 and December 31, 2016, includes $885.1 million and $853.9 million, respectively, 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 were as follows: (In thousands) June 30, December 31, 2017 2016 Non-performing loans: Residential mortgage $ 155,330 $ 160,867 Commercial mortgage 122,035 178,696 Commercial and Industrial 65,575 146,599 Construction : Land 10,636 11,026 Construction-commercial 35,520 36,893 Construction-residential 1,235 1,933 Consumer: Auto loans 12,370 14,346 Finance leases 1,112 1,335 Other consumer loans 7,600 8,399 Total non-performing loans held for investment (1) (2)(3) $ 411,413 $ 560,094 (1) As of June 30, 2017 and December 31, 2016, excludes $8.1 million of non-performing loans held for sale. (2) Amount excludes purchased-credit impaired ("PCI") loans with a carrying value of approximately $160.4 million and $165.8 million as of June 30, 2017 and December 31, 2016, respectively, primarily mortgage loans acquired from Doral Bank in the first quarter of 2015 and from Doral Financial in the 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 $384.2 million and $384.9 million of Troubled Debt Restructuring ("TDR") loans that are in compliance with modified terms and in accrual status as of June 30, 2017 and December 31, 2016, respectively. Loans in Process of Foreclosure As of June 30, 2017, the recorded investment of residential mortgage loans collateralized by residential real estate property that are in the process of foreclosure amounted to $ 155.5 million, including $ 23.2 million of loans insured by the FHA or guaranteed by the VA, and $ 19.9 million of PCI loans. The Corporation commences the foreclosure process on residential real estate loans when a borrower becomes 120 days delinquent in accordance with the guidelines o f the Consumer Financial Protection Bureau (CFPB). Foreclosure procedures and timelines vary depending on whether the property is located in a judicial or non-judicial state. Judicial states (Puerto Rico , Florida and USVI ) require the foreclosure to be processed through the state’s court while foreclo sure in non-judicial states (BVI) is processed without court intervention. Foreclosure timelines v ary according to state law and investor g uidelines. Occasionally , foreclosures may be delayed due to mandatory mediations, bankruptcy , c ourt delays and title issues, among other reasons . The Corporation’s aging of the loans held for investment portfolio is as follows: Purchased Credit-Impaired Loans Total loans held for investment 90 days past due and still accruing 30-59 Days Past Due 60-89 Days Past Due 90 days or more Past Due (1) Total Past Due As of June 30, 2017 (In thousands) Current Residential mortgage: FHA/VA and other government-guaranteed loans (2) (3) (4) $ - $ 5,997 $ 69,580 $ 75,577 $ - $ 41,230 $ 116,807 $ 69,580 Other residential mortgage loans (4) - 86,986 173,091 260,077 156,202 2,749,221 3,165,500 17,761 Commercial: Commercial and Industrial loans 2,740 163 71,288 74,191 - 2,042,565 2,116,756 5,713 Commercial mortgage loans (4) - 2,791 127,947 130,738 4,166 1,476,826 1,611,730 5,912 Construction: Land (4) - 223 11,043 11,266 - 19,259 30,525 407 Construction-commercial - - 35,520 35,520 - 46,851 82,371 - Construction-residential - - 1,235 1,235 - 7,962 9,197 - Consumer: Auto loans 49,248 10,900 12,370 72,518 - 774,292 846,810 - Finance leases 7,840 1,743 1,112 10,695 - 231,950 242,645 - Other consumer loans 7,483 5,725 11,393 24,601 - 614,234 638,835 3,793 Total loans held for investment $ 67,311 $ 114,528 $ 514,579 $ 696,418 $ 160,368 $ 8,004,390 $ 8,861,176 $ 103,166 _____________ (1) Includes non-performing loans and accruing loans that 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 $29.2 million of residential mortgage loans insured by the FHA or guaranteed by the VA that are over 15 months delinquent, and are no longer accruing interest as of June 30, 2017. (3) As of June 30, 2017, includes $40.4 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, and land loans past due 30-59 days as of June 30, 2017 amounted to $6.1 million, $122.2 million, $16.5 million and $0.3 million, respectively. As of December 31, 2016 30-59 Days Past Due 60-89 Days Past Due 90 days or more Past Due (1) Total loans held for investment 90 days past due and still accruing (In thousands) Total Past Due Purchased Credit- Impaired Loans Current Residential mortgage: FHA/VA and other government-guaranteed loans (2) (3) (4) $ - $ 5,179 $ 77,052 $ 82,231 $ - $ 44,627 $ 126,858 $ 77,052 Other residential mortgage loans (4) - 94,004 177,568 271,572 162,676 2,734,925 3,169,173 16,701 Commercial: Commercial and Industrial loans 14,195 3,724 151,967 169,886 - 2,010,569 2,180,455 5,368 Commercial mortgage loans (4) - 4,534 181,977 186,511 3,142 1,379,155 1,568,808 3,281 Construction: Land (4) - 436 11,504 11,940 - 19,826 31,766 478 Construction-commercial - - 36,893 36,893 - 40,582 77,475 - Construction-residential (4) - - 1,933 1,933 - 13,777 15,710 - Consumer: Auto loans 57,142 13,523 14,346 85,011 - 762,947 847,958 - Finance leases 7,714 1,671 1,335 10,720 - 222,615 233,335 - Other consumer loans 7,675 5,254 12,328 25,257 - 610,078 635,335 3,929 Total loans held for investment $ 86,726 $ 128,325 $ 666,903 $ 881,954 $ 165,818 $ 7,839,101 $ 8,886,873 $ 106,809 ____________ (1) Includes non-performing loans and accruing loans that 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 $29.3 million of residential mortgage loans insured by the FHA or guaranteed by the VA that are over 15 months delinquent, and are no longer accruing interest as of December 31, 2016. (3) As of December 31, 2016, includes $43.7 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, 2016 amounted to $9.9 million, $142.8 million, $4.6 million, $0.7 million and $0.4 million, respectively. The Corporation’s credit quality indicators by loan type as of June 30, 2017 and December 31, 2016 are summarized below: Commercial Credit Exposure-Credit Risk Profile Based on Creditworthiness Category: Substandard Doubtful Loss Total Adversely Classified (1) Total Portfolio June 30, 2017 (In thousands) Commercial mortgage $ 155,429 $ 13,716 $ - $ 169,145 $ 1,611,730 Construction: Land 18,942 - - 18,942 30,525 Construction-commercial 35,520 - - 35,520 82,371 Construction-residential 1,236 - - 1,236 9,197 Commercial and Industrial 139,501 3,045 166 142,712 2,116,756 Commercial Credit Exposure-Credit Risk Profile Based on Creditworthiness Category: Substandard Doubtful Loss Total Adversely Classified (1) Total Portfolio December 31, 2016 (In thousands) Commercial mortgage $ 193,391 $ 35,416 $ - $ 228,807 $ 1,568,808 Construction: Land 19,345 - - 19,345 31,766 Construction-commercial 36,893 - - 36,893 77,475 Construction-residential 1,933 - - 1,933 15,710 Commercial and Industrial 133,599 67,996 784 202,379 2,180,455 _________ (1) Excludes $8.1 million as of June 30, 2017 and December 31, 2016, of construction-land 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 sus tain 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 basi s 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 l oss cannot be determined because of specific reasonable pendin g 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 ha s 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 improve ment and no realistic strengthening action of significance pending. Consumer Credit Exposure-Credit Risk Profile based on Payment activity Residential Real Estate Consumer June 30, 2017 FHA/VA/ Guaranteed (1) Other residential loans Auto Finance Leases Other Consumer (In thousands) Performing $ 116,807 $ 2,853,968 $ 834,440 $ 241,533 $ 631,235 Purchased Credit-Impaired (2) - 156,202 - - - Non-performing - 155,330 12,370 1,112 7,600 Total $ 116,807 $ 3,165,500 $ 846,810 $ 242,645 $ 638,835 (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. This balance includes $29.2 million of residential mortgage loans insured by the FHA or guaranteed by the VA that are over 15 months delinquent, and are no longer accruing interest as of June 30, 2017. (2) PCI loans are excluded from non-performing statistics due to the application of the accretion method, under which these loans will accrete interest income over the remaining life of the loans using estimated cash flow analysis. Consumer Credit Exposure-Credit Risk Profile based on Payment activity Residential Real Estate Consumer December 31, 2016 FHA/VA/ Guaranteed (1) Other residential loans Auto Finance Leases Other Consumer (In thousands) Performing $ 126,858 $ 2,845,630 $ 833,612 $ 232,000 $ 626,936 Purchased Credit-Impaired (2) - 162,676 - - - Non-performing - 160,867 14,346 1,335 8,399 Total $ 126,858 $ 3,169,173 $ 847,958 $ 233,335 $ 635,335 (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. This balance includes $29.3 million of residential mortgage loans insured by the FHA or guaranteed by the VA that are over 15 months delinquent, and are no longer accruing interest as of December 31, 2016. (2) PCI loans are excluded from non-performing statistics due to the application of the accretion method, under which these loans 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 PCI loans, which are reported separately , as discussed below: Impaired Loans Quarter Ended Six-Month Period Ended June 30, 2017 Recorded Investment Unpaid Principal Balance Related Specific Allowance Year-To-Date Average Recorded Investment Interest Income Recognized on Accrual Basis Interest Income Recognized on Cash Basis Interest Income Recognized on Accrual Basis Interest Income Recognized on Cash Basis (In thousands) As of June 30, 2017 With no related specific allowance recorded: FHA/VA-Guaranteed loans $ - $ - $ - $ - $ - $ - $ - $ - Other residential mortgage loans 67,726 86,962 - 69,236 124 140 211 250 Commercial: Commercial mortgage loans 25,449 29,883 - 25,679 195 56 389 132 Commercial and Industrial Loans 8,343 10,841 - 13,098 72 - 135 - Construction: Land - - - - - - - - Construction-commercial - - - - - - - - Construction-residential - - - - - - - - Consumer: Auto loans 311 311 - 1,230 1 - 1 - Finance leases - - - - - - - - Other consumer loans 1,403 2,575 - 1,513 2 23 8 44 $ 103,232 $ 130,572 $ - $ 110,756 $ 394 $ 219 $ 744 $ 426 With a related specific allowance recorded: FHA/VA-Guaranteed loans $ - $ - $ - $ - $ - $ - $ - $ - Other residential mortgage loans 360,985 404,824 13,786 363,518 4,430 245 8,894 599 Commercial: Commercial mortgage loans 115,172 173,665 8,330 136,370 246 26 492 47 Commercial and Industrial Loans 66,559 87,907 10,788 70,293 181 20 360 37 Construction: Land 14,650 19,953 835 14,849 117 13 234 25 Construction-commercial 35,520 38,595 1,457 36,295 - - - - Construction-residential 387 551 82 390 - - - - Consumer: Auto loans 23,683 23,683 3,736 25,116 477 - 930 - Finance leases 2,492 2,492 69 2,705 48 - 100 - Other consumer loans 12,945 13,513 1,711 13,512 358 12 693 24 $ 632,393 $ 765,183 $ 40,794 $ 663,048 $ 5,857 $ 316 $ 11,703 $ 732 Total: FHA/VA-Guaranteed loans $ - $ - $ - $ - $ - $ - $ - $ - Other residential mortgage loans 428,711 491,786 13,786 432,754 4,554 385 9,105 849 Commercial: Commercial mortgage loans 140,621 203,548 8,330 162,049 441 82 881 179 Commercial and Industrial Loans 74,902 98,748 10,788 83,391 253 20 495 37 Construction: Land 14,650 19,953 835 14,849 117 13 234 25 Construction-commercial 35,520 38,595 1,457 36,295 - - - - Construction-residential 387 551 82 390 - - - - Consumer: Auto loans 23,994 23,994 3,736 26,346 478 - 931 - Finance leases 2,492 2,492 69 2,705 48 - 100 - Other consumer loans 14,348 16,088 1,711 15,025 360 35 701 68 $ 735,625 $ 895,755 $ 40,794 $ 773,804 $ 6,251 $ 535 $ 12,447 $ 1,158 Impaired Loans Recorded Investment Unpaid Principal Balance Related Specific Allowance Year-To-Date Average Recorded Investment (In thousands) As of December 31, 2016 With no related specific allowance recorded: FHA/VA-Guaranteed loans $ - $ - $ - $ - Other residential mortgage loans 67,996 82,602 - 71,003 Commercial: Commercial mortgage loans 72,620 91,685 - 80,713 Commercial and Industrial Loans 14,656 24,642 - 17,209 Construction: Land 180 233 - 212 Construction-commercial - - - - Construction-residential 956 1,531 - 956 Consumer: Auto loans 599 599 - 615 Finance leases 94 94 - 95 Other consumer loans 4,516 5,876 - 4,696 $ 161,617 $ 207,262 $ - $ 175,499 With a related specific allowance recorded: FHA/VA-Guaranteed loans $ - $ - $ - $ - Other residential mortgage loans 374,271 423,648 8,633 380,273 Commercial: Commercial mortgage loans 121,771 133,883 26,172 122,609 Commercial and Industrial Loans 138,887 165,399 22,638 149,153 Construction: Land 14,870 19,918 947 15,589 Construction-commercial 36,893 38,721 324 38,191 Construction-residential 392 551 134 392 Consumer: Auto loans 24,276 24,276 3,717 26,562 Finance leases 2,553 2,553 71 2,751 Other consumer loans 12,375 12,734 1,785 13,322 $ 726,288 $ 821,683 $ 64,421 $ 748,842 Total: FHA/VA-Guaranteed loans $ - $ - $ - $ - Other residential mortgage loans 442,267 506,250 8,633 451,276 Commercial: Commercial mortgage loans 194,391 225,568 26,172 203,322 Commercial and Industrial Loans 153,543 190,041 22,638 166,362 Construction: Land 15,050 20,151 947 15,801 Construction-commercial 36,893 38,721 324 38,191 Construction-residential 1,348 2,082 134 1,348 Consumer: Auto loans 24,875 24,875 3,717 27,177 Finance leases 2,647 2,647 71 2,846 Other consumer loans 16,891 18,610 1,785 18,018 $ 887,905 $ 1,028,945 $ 64,421 $ 924,341 Interest income of approximately $7.4 million ($6.8 million accrual basis and $0.6 million cash basis) and $14.7 million ($13.2 million accrual basis and $1.5 million cash basis) was recognized on impaired loans for the second quarter and six-month period ended June 30, 2016, respectively. The following tables show the activity for impaired loans and the related specific reserve for the quarters and six-month periods ended June 30, 2017 and 2016: Quarter Ended Six-Month Period Ended June 30, June 30, 2017 2016 2017 2016 (In thousands) Impaired Loans: Balance at beginning of period $ 807,198 $ 917,591 $ 887,905 $ 806,509 Loans determined impaired during the period 18,976 76,947 38,604 234,931 Charge-offs (1) (43,083) (11,249) (60,487) (19,601) Loans sold, net of charge-offs - - (53,245) - Increases to impaired loans-additional disbursements 698 414 1,239 1,761 Foreclosures (21,233) (9,189) (30,690) (16,610) Loans no longer considered impaired (1,890) (4,547) (2,782) (24,886) Paid in full or partial payments (25,041) (16,193) (44,919) (28,330) Balance at end of period $ 735,625 $ 953,774 $ 735,625 $ 953,774 (1) For the six-month period ended June 30, 2017, includes a charge-off of $10.7 million related to the sale of the PREPA credit line as further discussed below. Quarter Ended Six-Month Period Ended June 30, June 30, 2017 2016 2017 2016 (In thousands) Specific Reserve: Balance at beginning of period $ 66,311 $ 81,495 $ 64,421 52,581 Provision for loan losses 17,563 16,126 36,195 53,392 Net charge-offs (43,080) (11,249) (59,822) (19,601) Balance at end of period $ 40,794 $ 86,372 $ 40,794 $ 86,372 Purchased Credit Impaired ( PCI ) Loans The Corporation acquired PCI loans accounted for under ASC 310-30 as part of a transaction that closed on February 27, 2015 in which FirstBank acquired 10 Puerto Rico branches of Doral Bank, and acquired certain assets, including PCI loans, and assumed deposits, through an alliance with Banco Popular of Puerto Rico, which was the successful lead bidder with the FDIC on the failed Doral Bank, as well as othe r co-bidders. The Corporation also acquired PCI loans in previously completed asset acquisitions that are accounted for under ASC 310-30. These previous transactions include the acquisition from Doral Financial in the second quarter of 2014 of all its righ ts, title and interest in first and second residential mortgages loans in full satisfaction of secured borrowings owed by such entity to FirstBank . 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 cons idered 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 on this portfolio when it is p robable 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 were as follows: As of June 30, December 31, 2017 2016 (In thousands) Residential mortgage loans $ 156,202 $ 162,676 Commercial mortgage loans 4,166 3,142 Total PCI loans $ 160,368 $ 165,818 Allowance for loan losses (9,446) (6,857) Total PCI loans, net of allowance for loan losses $ 150,922 $ 158,961 The following tables present PCI loans by past due status as of June 30, 2017 and December 31, 2016: As of June 30, 2017 30-59 Days 60-89 Days 90 days or more Total Past Due Total PCI loans Current (In thousands) Residential mortgage loans $ - $ 11,733 $ 26,968 $ 38,701 $ 117,501 $ 156,202 Commercial mortgage loans - 115 1,112 1,227 2,939 4,166 Total (1) $ - $ 11,848 $ 28,080 $ 39,928 $ 120,440 $ 160,368 _____________ (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 June 30, 2017 amounted to $17.7 million and $1.5 million, respectively. As of December 31, 2016 30-59 Days 60-89 Days 90 days or more Total Past Due Total PCI loans Current (In thousands) Residential mortgage loans $ - $ 11,892 $ 27,849 $ 39,741 $ 122,935 $ 162,676 Commercial mortgage loans - 355 1,150 1,505 1,637 3,142 Total (1) $ - $ 12,247 $ 28,999 $ 41,246 $ 124,572 $ 165,818 (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, 2016 amounted to $22.3 million and $0.1 million, respectively. Initial Fai r 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 non-accretable 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 metho d. Changes in accretable yield of acquired loans Subsequent to an acquisition of loans , 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 non-accretable difference or reclassifications fr om non - accretable yield to accretable yield. 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 second quarter of 201 7 , the Corporation increased by $ 2.6 million to $ 9.4 million the reserve related to PCI loans acquired from Doral Financial in 2014 and from Doral Bank in 2015 . The reserve is driven by the revisions to the expected cash flows of the portfolio s for the remaining term of the loan pool s based on expected performance and market conditions. Changes in the accretable yield of PCI loans for the quarters and six-month periods ended June 30, 2017 and 2016 were as follows: Quarter Ended Six-Month Period Ended June 30, June 30, June 30, June 30, 2017 2016 2017 2016 (In thousands) Balance at beginning of period $ 113,665 $ 114,098 $ 116,462 $ 118,385 Accretion recognized in earnings (2,724) (2,927) (5,521) (5,816) Reclassification (to) from non-accretable (1,970) 11,008 (1,970) 9,610 Balance at end of period $ 108,971 $ 122,179 $ 108,971 $ 122,179 Changes in the carrying amount of loans accounted for pursuant to ASC 310-30 were as follows: Quarter Ended Six-Month Period Ended June 30, 2017 June 30, 2016 June 30, 2017 June 30, 2016 (In thousands) Balance at beginning of period $ 163,100 $ 172,332 $ 165,818 $ 173,913 Accretion 2,724 2,927 5,521 5,816 Collections (4,509) (4,581) (9,102) (8,952) Foreclosures (947) (988) (1,869) (1,087) Ending balance $ 160,368 $ 169,690 $ 160,368 $ 169,690 Allowance for loan losses (9,446) (6,857) (9,446) (6,857) Ending balance, net of allowance for loan losses $ 150,922 $ 162,833 $ 150,922 $ 162,833 Changes in the allowance for loan losses related to PCI loans follows: Quarter Ended Six-Month Period Ended June 30, 2017 June 30, 2016 June 30, 2017 June 30, 2016 (In thousands) Balance at beginning of period $ 6,857 $ 4,568 $ 6,857 $ 3,962 Provision for loan losses 2,589 2,289 2,589 2,895 Balance at end of period $ 9,446 $ 6,857 $ 9,446 $ 6,857 The outstanding principal balance of PCI loans, including amounts charged off by the Corporation, amounted to $ 200.1 million as of June 30, 2017 (December 20 16 - $ 207.3 million). Purchases and Sales of Loans During the first half of 2017, the Corporation purchased $ 32.4 million of residential mortgage loans consistent with a strategic program to purchase ongoing residential mortgage loan production from mortgage bankers in Puerto Rico. 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 mort gage loans (originated or purchased) to GNMA and government-sponsored entities (“GSEs”) such as Fannie Mae (“FNMA”) and Freddie Mac (“FHLMC”), which generally securitize the transferred loans into mortgage-backed securities for sale into the secondary mark et. The Corporation sold approximately $ 52.8 million of performing residential mortgage loans to FNMA and FHLMC during the first half of 2017. Also, during the first half of 2017, the Corporation sold $ 131.8 million of FHA/VA mortgage loans to GNMA, which packages them into mortgage-backed securities. The Corporation’s continuing involvement in these sold loans 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 obli gation, 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 effe ctive control over the loan and is required to recognize the loan and a corresponding repurchase liability on the statement of financial condition regardless of the Corporation’s intent to repurchase the loan. During the first half of 2017 and 2016, th e Corporation repurchased, pursuant to its repurchase option with GNMA, $ 17.5 million and $ 14.6 million, respectively, of loans previously sold to GNMA. The principal balance of these loans is fully guaranteed and the risk of loss related to the repurchas ed loans 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 sal es 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 $ 16 thousand and $ 0.7 million during the first half of 2017 and 2016, respectively. 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 incurr ed in the first half of 2017. Historically, losses experienced on these loans have been immaterial. As a consequence, as of June 30, 2017, 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, during the first six months of 2017, the Corporation purchased a $ 15.3 million participation in a commercial and industrial loan of which $ 6.5 million was outstanding as of June 3 0, 2017. Sale of the Puerto Rico Electric Power Authority (PREPA) Loan During the first quarter of 2017, the Corporation received an unsolicited offer and sold its outstanding participation in the PREPA line of credit with a book value of $ 64 million at the time of sale (principal balance of $ 75 million), thereby reducing its direct exposure to the Puerto Rico government. A specific reserve of approximately $ 10.2 million had been allocated to this loan. Gross proceeds from the sale of $ 53.2 m illion have resulted in an incremental loss of $ 0.6 million recorded

ALLOWANCE FOR LOAN AND LEASE LO

ALLOWANCE FOR LOAN AND LEASE LOSSES	6 Months Ended
	Jun. 30, 2017
ALLOWANCE FOR LOAN AND LEASE LOSSES	NOTE 7 – ALLOWANCE FOR LOAN AND LEASE LOSSES The changes in the allowance for loan and lease losses were as follows: Residential Mortgage Loans Commercial Mortgage Loans Commercial & Industrial Loans Construction Loans Consumer Loans Total (In thousands) Quarter ended June 30, 2017 Allowance for loan and lease losses: Beginning balance $ 35,775 $ 68,468 $ 45,970 $ 3,886 $ 49,132 $ 203,231 Charge-offs (6,967) (30,495) (6,378) (595) (11,053) (55,488) Recoveries 891 78 4,624 133 1,920 7,646 Provision (release) 10,888 525 (2,134) 312 8,505 18,096 Ending balance $ 40,587 $ 38,576 $ 42,082 $ 3,736 $ 48,504 $ 173,485 Ending balance: specific reserve for impaired loans $ 13,786 $ 8,330 $ 10,788 $ 2,374 $ 5,516 $ 40,794 Ending balance: purchased credit-impaired loans (1) $ 9,074 $ 372 $ - $ - $ - $ 9,446 Ending balance: general allowance $ 17,727 $ 29,874 $ 31,294 $ 1,362 $ 42,988 $ 123,245 Loans held for investment: Ending balance $ 3,282,307 $ 1,611,730 $ 2,116,756 $ 122,093 $ 1,728,290 $ 8,861,176 Ending balance: impaired loans $ 428,711 $ 140,621 $ 74,902 $ 50,557 $ 40,834 $ 735,625 Ending balance: purchased credit-impaired loans $ 156,202 $ 4,166 $ - $ - $ - $ 160,368 Ending balance: loans with general allowance $ 2,697,394 $ 1,466,943 $ 2,041,854 $ 71,536 $ 1,687,456 $ 7,965,183 Residential Mortgage Loans Commercial Mortgage Loans Commercial & Industrial Loans Construction Loans Consumer Loans Total (In thousands) Six-Month Period Ended June 30, 2017 Allowance for loan and lease losses: Beginning balance $ 33,980 $ 57,261 $ 61,953 $ 2,562 $ 49,847 $ 205,603 Charge-offs (15,192) (31,857) (18,430) (658) (22,245) (88,382) Recoveries 1,640 108 5,499 578 4,901 12,726 Provision (release) 20,159 13,064 (6,940) 1,254 16,001 43,538 Ending balance $ 40,587 $ 38,576 $ 42,082 $ 3,736 $ 48,504 $ 173,485 Ending balance: specific reserve for impaired loans $ 13,786 $ 8,330 $ 10,788 $ 2,374 $ 5,516 $ 40,794 Ending balance: purchased credit-impaired loans (1) $ 9,074 $ 372 $ - $ - $ - $ 9,446 Ending balance: general allowance $ 17,727 $ 29,874 $ 31,294 $ 1,362 $ 42,988 $ 123,245 Loans held for investment: Ending balance $ 3,282,307 $ 1,611,730 $ 2,116,756 $ 122,093 $ 1,728,290 $ 8,861,176 Ending balance: impaired loans $ 428,711 $ 140,621 $ 74,902 $ 50,557 $ 40,834 $ 735,625 Ending balance: purchased credit-impaired loans $ 156,202 $ 4,166 $ - $ - $ - $ 160,368 Ending balance: loans with general allowance $ 2,697,394 $ 1,466,943 $ 2,041,854 $ 71,536 $ 1,687,456 $ 7,965,183 Residential Mortgage Loans Commercial Mortgage Loans Commercial & Industrial Loans Construction Loans Consumer Loans Total (In thousands) Quarter ended June 30, 2016 Allowance for loan and lease losses: Beginning balance $ 38,548 $ 68,744 $ 71,098 $ 3,013 $ 56,722 $ 238,125 Charge-offs (11,532) (1,437) (1,914) (513) (12,970) (28,366) Recoveries 841 33 676 144 2,015 3,709 Provision (release) 11,098 2,459 (71) 103 7,397 20,986 Ending balance $ 38,955 $ 69,799 $ 69,789 $ 2,747 $ 53,164 $ 234,454 Ending balance: specific reserve for impaired loans $ 11,972 $ 40,071 $ 27,750 $ 1,114 $ 5,465 $ 86,372 Ending balance: purchased credit-impaired loans (1) $ 6,638 $ 219 $ - $ - $ - $ 6,857 Ending balance: general allowance $ 20,345 $ 29,509 $ 42,039 $ 1,633 $ 47,699 $ 141,225 Loans held for investment: Ending balance $ 3,323,844 $ 1,523,676 $ 2,133,623 $ 137,406 $ 1,752,198 $ 8,870,747 Ending balance: impaired loans $ 452,280 $ 211,348 $ 197,368 $ 49,216 $ 43,562 $ 953,774 Ending balance: purchased credit-impaired loans $ 166,556 $ 3,134 $ - $ - $ - $ 169,690 Ending balance: loans with general allowance $ 2,705,008 $ 1,309,194 $ 1,936,255 $ 88,190 $ 1,708,636 $ 7,747,283 Residential Mortgage Loans Commercial Mortgage Loans Commercial & Industrial Loans Construction Loans Consumer Loans Total (In thousands) Six-Month Period Ended June 30, 2016 Allowance for loan and lease losses: Beginning balance $ 39,570 $ 68,211 $ 68,768 $ 3,519 $ 60,642 $ 240,710 Charge-offs (18,838) (2,012) (5,673) (604) (27,774) (54,901) Recoveries 1,187 79 956 161 4,223 6,606 Provision (release) 17,036 3,521 5,738 (329) 16,073 42,039 Ending balance $ 38,955 $ 69,799 $ 69,789 $ 2,747 $ 53,164 $ 234,454 Ending balance: specific reserve for impaired loans $ 11,972 $ 40,071 $ 27,750 $ 1,114 $ 5,465 $ 86,372 Ending balance: purchased credit-impaired loans (1) $ 6,638 $ 219 $ - $ - $ - $ 6,857 Ending balance: general allowance $ 20,345 $ 29,509 $ 42,039 $ 1,633 $ 47,699 $ 141,225 Loans held for investment: Ending balance $ 3,323,844 $ 1,523,676 $ 2,133,623 $ 137,406 $ 1,752,198 $ 8,870,747 Ending balance: impaired loans $ 452,280 $ 211,348 $ 197,368 $ 49,216 $ 43,562 $ 953,774 Ending balance: purchased credit-impaired loans $ 166,556 $ 3,134 $ - $ - $ - $ 169,690 Ending balance: loans with general allowance $ 2,705,008 $ 1,309,194 $ 1,936,255 $ 88,190 $ 1,708,636 $ 7,747,283 (1) Refer to Note 6- Loans Held For Investment-PCI Loans for a detail of changes in the allowance for loan losses related to PCI loans. As of June 30, 2017 , the Corporation maintained a $ 0.7 million reserve for unfunded loan commitments (December 31, 2016 - $ 1.6 million) mainly related to outstanding commitments on floor plan revolving lines of credit. 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 estima ted 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 fi nancial condition and any change to the reserve is included as part of other non-interest expenses in the consol idated statements of income.

LOANS HELD FOR SALE

LOANS HELD FOR SALE	6 Months Ended
	Jun. 30, 2017
LOANS HELD FOR SALE	NOTE 8 – LOANS HELD FOR SALE The Corporation’s loans held-for-sale portfolio was composed of: As of June 30, 2017 December 31, 2016 (In thousands) Residential mortgage loans $ 29,193 $ 41,927 Construction loans 8,079 8,079 Total $ 37,272 $ 50,006 Non-performing loans held for sale totaled $ 8.1 million as of June 30, 201 7 and December 31, 201 6 .

OTHER REAL ESTATE OWNED

OTHER REAL ESTATE OWNED	6 Months Ended
	Jun. 30, 2017
Text Block [Abstract]
Other Real Estate Owned Disclosure [Text Block]	NOTE 9 – OTHER REAL ESTATE OWNED The following table presents OREO inventory as of the dates indicated: June 30, December 31, 2017 2016 (In thousands) OREO OREO balances, carrying value: Residential (1) $ 54,346 $ 46,917 Commercial 84,939 78,698 Construction 10,760 12,066 Total $ 150,045 $ 137,681 (1) Excludes $21.9 million and $15.0 million as of June 30, 2017 and December 31, 2016, respectively, of foreclosures 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 HEDG

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	6 Months Ended
	Jun. 30, 2017
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	NOTE 10 – 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 will adversely affect the Corporation’s net interest income from its loan and investment portfolios . The overall objective of the Corporation’s interest rate risk management activities is to reduce the variability of earnings caused by chan ges 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 June 30, 2017 and December 31, 2016 , all derivatives h eld 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. Forward Contracts - F orward contracts are sales of to-be-announced (“TBA”) mortgage-backed securities that will settle over the standard delivery d ate 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 frame generally established by regulations or conventions in the market place or exchange in which the transaction is being executed. The f orward 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 statements of income. To satisfy the needs of i ts customers, the Corporation may enter into non - hedging trans actions. On these transactions, the Corporation generally participates as a buyer in one of the agreeme nts and as a seller in the other agreement under the same terms and conditions. In additio n, the Corporation enter s 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 economi c 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 non - hedging derivative instrument. The following table summarizes the notional amounts of all derivative instruments: Notional Amounts (1) As of As of June 30, December 31, 2017 2016 (In thousands) Undesignated economic hedges: Interest rate contracts: Written interest rate cap agreements $ 91,510 $ 91,510 Purchased interest rate cap agreements 91,510 91,510 Forward Contracts: Sale of TBA GNMA MBS pools 31,000 33,000 $ 214,020 $ 216,020 (1) Notional amounts are presented on a gross basis with no netting of offsetting exposure positions. The following table summarizes for derivative instruments their fair value and location in the consolidated statements of financial condition: Asset Derivatives Liability Derivatives Statement of June 30, December 31, June 30, December 31, Financial 2017 2016 2017 2016 Condition Location Fair Value Fair Value Statement of Financial Condition Location Fair Value Fair Value (In thousands) Undesignated economic hedges: Interest rate contracts: Written interest rate cap agreements Other assets $ - $ - Accounts payable and other liabilities $ 260 $ 552 Purchased interest rate cap agreements Other assets 261 554 Accounts payable and other liabilities - - Forward Contracts: Sales of TBA GNMA MBS pools Other assets 137 - Accounts payable and other liabilities 30 201 $ 398 $ 554 $ 290 $ 753 The following table summarizes the effect of derivative instruments on the consolidated statements of income: Gain (or Loss) Gain (or Loss) Location of Gain or (loss) Quarter Ended Six-Month Period Ended Recognized in Statement of June 30, June 30, Income on Derivatives 2017 2016 2017 2016 (In thousands) Undesignated economic hedges: Interest rate contracts: Written and purchased interest rate cap agreements Interest income - Loans $ - $ (3) $ (1) $ (7) Forward contracts: Sales of TBA GNMA MBS pools Mortgage banking activities 364 (87) 308 (236) Total gain (loss) on derivatives $ 364 $ (90) $ 307 $ (243) Derivative instruments 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. As of June 30, 2017, the Corporation has not entered into any derivative instrument containing credit-risk-related contingent features.

OFFSETTING OF ASSETS AND LIABIL

OFFSETTING OF ASSETS AND LIABILITIES	6 Months Ended
	Jun. 30, 2017
Text Block [Abstract]
OFFSETTING OF ASSETS AND LIABILITIES	NOTE 11 – OFFSETTING OF ASSETS AND LIABILITIES The Corporation enters into master agreements with counterparties , primarily related to derivatives and repurchase agreements, that may allow for netting of ex posures in the event of default . In an event of default , each party has a right of set-off against the other party for amount s owed under the related agreement and any other amount or obligation owed in respect o f any other agreement or transaction between them. The following table presents informati on about the offsetting of financial assets and liabilities as well as derivative assets and liabilities : Offsetting of Financial Assets and Derivative Assets 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 As of June 30, 2017 Net Amount (In thousands) Description Derivatives $ 261 $ - $ 261 $ (261) $ - $ - Securities purchased under agreements to resell 200,000 (200,000) - - - - Total $ 200,261 $ (200,000) $ 261 $ (261) $ - $ - 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 As of December 31, 2016 Net Amount (In thousands) Description Derivatives $ 554 $ - $ 554 $ (554) $ - $ - Securities purchased under agreements to resell 200,000 (200,000) - - - - Total $ 200,554 $ (200,000) $ 554 $ (554) $ - $ - Offsetting of Financial Liabilities and Derivative Liabilities 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 As of June 30, 2017 Net Amount (In thousands) Description Securities sold under agreements to repurchase $ 200,000 $ (200,000) $ - $ - $ - $ - 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 As of December 31, 2016 Net Amount (In thousands) Description Securities sold under agreements to repurchase $ 200,000 $ (200,000) $ - $ - $ - $ -

GOODWILL AND OTHER INTANGIBLES

GOODWILL AND OTHER INTANGIBLES	6 Months Ended
	Jun. 30, 2017
GOODWILL AND OTHER INTANGIBLES	NOTE 12 – GOODWILL AND OTHER INTANGIBLES Goodwill as of June 30, 2017 and December 31, 201 6 amounted to $ 28.1 million , recognized as part of “Other Assets” in the consolidated statements of financial condition. The Corporation conducted its annual evaluation of goodwill and intangibles during the fourth quarter of 2016. The Corporation’s goodwill is related to the acquisition of FirstBank Florida in 2005. There have been no events related to the Florida reporting unit that coul d indicate potential goodwill impairment since the date of the last evaluation; therefore, no goodwill impairment evaluation was performed during the first half of 2017. Goodwill and other indefinite life intangibles are reviewed at least annually for impa irment. 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 remaining estimated life of 4.4 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 co nsumed 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 ($ 4.0 million as of June 30, 2017). In the first quarter of 2016, FirstBank Insurance Agency acquired certain insurance customer accounts and related customer records and recognized an insurance customer relationship intangible of $1.1 million ($0.9 million as of June 30, 2017) , which is being amortized over the next 5.5 years on a straight-line basis. The acquired accounts ha ve a direct relationship to the previous mortgage loan portfolio acquisitions from Doral Bank and Doral Financial in 2015 and 2014. 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 statements of financial condition: As of As of June 30, December 31, 2017 2016 (Dollars in thousands) Core deposit intangible: Gross amount, beginning of period $ 51,664 $ 51,664 Accumulated amortization (1) (45,367) (44,466) Net carrying amount $ 6,297 $ 7,198 Remaining amortization period 7.6 years 8.1 years Purchased credit card relationship intangible: Gross amount $ 24,465 $ 24,465 Accumulated amortization (2) (15,199) (13,934) Net carrying amount $ 9,266 $ 10,531 Remaining amortization period 4.4 years 5 years Insurance Customer relationship intangible: Gross amount $ 1,067 $ 1,067 Accumulated amortization (3) (216) (140) Net carrying amount $ 851 $ 927 Remaining amortization period 5.5 years 6.1 years (1) For the quarter and six-month period ended June 30, 2017, the amortization expense of core deposit intangibles amounted to $0.5 million and $0.9 million, respectively (2016 - $0.5 million and $1.0 million, respectively). (2) For the quarter and six-month period ended June 30, 2017, the amortization expense of the purchased credit card relationship intangible amounted to $0.6 million and $1.3 million, respectively (2016 - $0.7 million and $1.4 million, respectively). (3) For the quarter and six-month period ended June 30, 2017, the amortization expense of insurance customer relationship intangible amounted to $38 thousand and $76 thousand, respectively (2016 - $39 thousand and $64 thousand, respectively). The estimated aggregate annual amortization expense related to these intangible assets for future periods is as follows: Amount (In thousands) 2017 $ 2,160 2018 3,591 2019 3,088 2020 2,851 2021 2,658 2022 and after 2,066

NON-CONSOLIDATED VARIABLE INTER

NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS	6 Months Ended
	Jun. 30, 2017
NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS	NOTE 13 – 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 the need to consolidate counterparties to which the Corporation has transferred assets or with which the Cor poration has entered into other transactions, 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 i s 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 typi cally 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 throu gh 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 issuers’ servicing guidelines and standards. As of June 30, 2017 , the Corpor ation serviced loans securitized through GNMA with a principal balance of $ 1.6 billion. Trust- Preferred Securities In 2004, FBP Statutory Trust I, a financing trust that is wholly owned by 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 purcha se $ 103.1 million aggregate principal amount of the Corporation’s Junior Subordinated Deferrable Debentures. Also in 2004, FBP Statutory Trust II, a financing trust that is wholly owned by the Corporation, sold to institutional investors $ 125 million of it s 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 purcha se $ 128.9 million aggregate principal amount of the Corporation’s Junior Subordinated Deferrable Debentures. The debentures are presented in the Corporation’s consolidated statements 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 Junior Subordinated Deferrable Debentures issued by the Corporation in April 2004 and 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). During the firs t quarter of 2016, the Corporation completed the repurchase of $ 10 million of trust-preferred securities of the FBP Statutory Trust II that were auctioned in a public sale at which the Corporation was invited to participate. The Corporation repurchased and cancelled the repurchased trust preferred securities, resulting in a commensurate reduction in the related Junior Subordinated Deferrable Debentures. The Corporation’s winning bid equated to 70 % of the $10 million par value. The 30 % discount, plus accrued interest, resulted in a gain of approximately $4.2 million, which is reflected in the statement of income as a “Gain on early extinguishment of debt.” During the second quarter of 2015, the Corporation issued 852,831 shares of the Corporation’s common sto ck in exchange for $ 5.3 million of trust preferred securities (FBP Statutory Trust I), which enabled the Corporation to cancel $ 5.5 million of the carrying value of the debentures underlying the purchased trust preferred securities. The Collins Amendment t o the Dodd-Frank Wall Street Reform and Consumer Protection Act eliminates certain trust-preferred securities from Tier 1 Capital; however, these instruments may remain in Tier 2 capital until the instruments are redeemed or mature. Under the indentures, t he Corporation has the right, from time to time, and without causing an event of default, to defer payments of interest on the Junior Subordinated Deferrable Debentures by extending the interest payment period at any time and from time to time during the t erm of the subordinated debentures for up to twenty consecutive quarterly periods. During the second quarter of 2016, the Corporation received approval from the Federal Reserve and paid $ 31.2 million for all the accrued but deferred interest payments plus the interest for the second quarter on the Corporation’s subordinated debentures associated with its trust preferred securities. Subsequently, the Corporation received quarterly approvals and made scheduled quarterly interest payments for the third and fou rth quarters of 2016 and the first and second quarters of 2017. As of June 30, 2017, the Corporation is current on all interest payments due related to its subordinated debt. Future interest payments are subject to Federal Reserve approval. It is the inten t of the Corporation to request approvals in future periods to continue to make regularly scheduled quarterly interest payments. Grantor Trusts During 2004 and 2005, a third party to the Corporation, referred to in this subsection 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 provi ded 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. Curre ntly, 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 va riable 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, whi ch 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 on the securities. The FDIC became the owner of the IO upon its intervention of the seller, a failed financial institution. No recourse agreement exists and the risks from losses on non-accruing loans and repossessed collateral are absorbed by the Bank as the sole holder of the certificates. As of June 30, 2017 , the amortized cost and fair value of Grantor Trusts amounted to $ 24.8 million and $ 18.2 million, respectively, with a weighted average yield of 2.40 %. Invest ment 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 CP G/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 ha s a seven-year maturity and bears variable interest at 30-day LIBOR plus 300 basis points and i s secured by a pledge of all of the acquirin g entity's assets as well as PRLP’s 65 % ownership interest in CPG/GS. As of June 30, 2017 , the carrying amount of the loan was $ 4.0 million, which was included in the Corporation's c ommercial and i ndustr ial loans held for investment portfolio. FirstBank’s equity interest in CPG/GS is accounted for under the equity method . When applying the equity method, the Bank follows the Hypothetical Liquidation Book Value method (“HLBV”) to determine its share of CPG /GS’s earnings or loss. The loss recorded in 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 have been or 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 th an 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. T he working capital line expired in September 2016 and no amount is outstanding. During 2012, CPG/ GS repaid the outstanding balance of the advance facility to fund unfunded commitments, and the funds became available for rewithdrawal under a one-time revolver agreement. This facility loan bears variable interest at 30-day LIBOR plus 300 basis points. A s of June 30, 2017 , the carrying value of the revolver agreement was $ 6.7 million, which was included in the Corporation's commercial and industrial loans held for investment portfolio. Ca sh proceeds received by CPG/GS have been first used to cover operating expenses and debt service payments, including those related to the note receivable and the advance facility described above, which must be substantially repaid before proceeds can be used for other purposes, including the return of capit al 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 bein g 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 Fir stBank’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 Ba nk 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 obligatio n 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 p ower 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 opera tions 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 not es receivable, and the interest in CPG/GS, and derecognizing the loan portfolio sold. Servicing Assets The Corporation sells residential mortgage loans to GNMA, which generally securitizes the transferred loans into 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 Six-Month Period Ended June 30, June 30, (In thousands) 2017 2016 2017 2016 Balance at beginning of period $ 26,330 $ 24,692 $ 26,244 $ 24,282 Capitalization of servicing assets 1,049 1,297 1,924 2,458 Amortization (779) (809) (1,567) (1,607) Adjustment to fair value (197) (151) (357) (124) Other (1) 99 15 258 35 Balance at end of period $ 26,502 $ 25,044 $ 26,502 $ 25,044 (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 Six-Month Period Ended June 30, June 30, 2017 2016 2017 2016 (In thousands) Balance at beginning of period $ - $ 109 $ 461 $ 136 Temporary impairment charges 197 167 357 194 OTTI of servicing assets - - (621) - Recoveries - (16) - (70) Balance at end of period $ 197 $ 260 $ 197 $ 260 The components of net servicing income are shown below: Quarter Ended Six-Month Period Ended June 30, June 30, 2017 2016 2017 2016 (In thousands) Servicing fees $ 1,975 $ 1,865 $ 3,999 $ 3,727 Late charges and prepayment penalties 138 163 237 305 Adjustment for loans repurchased 99 15 258 35 Other (1) (28) (1) (35) (1) Servicing income, gross 2,184 2,042 4,459 4,066 Amortization and impairment of servicing assets (977) (960) (1,925) (1,731) Servicing income, net $ 1,207 $ 1,082 $ 2,534 $ 2,335 (1) Mainly consisted of compensatory fees imposed by GSEs. The Corporation’s servicing assets are subject to prepayment and interest rate risks. Key economic assumptions used in determining the fair value at the time of sale of the related mortgages ranged as follows: Maximum Minimum Six-Month Period Ended June 30, 2017: Constant prepayment rate: Government-guaranteed mortgage loans 6.0 % 6.0 % Conventional conforming mortgage loans 6.4 % 6.3 % Conventional non-conforming mortgage loans 9.5 % 9.1 % Discount rate: Government-guaranteed mortgage loans 12.0 % 12.0 % Conventional conforming mortgage loans 10.0 % 10.0 % Conventional non-conforming mortgage loans 14.3 % 14.3 % Six-Month Period Ended June 30, 2016: Constant prepayment rate: Government-guaranteed mortgage loans 7.6 % 7.6 % Conventional conforming mortgage loans 8.0 % 8.0 % Conventional non-conforming mortgage loans 14.1 % 14.0 % Discount rate: Government-guaranteed mortgage loans 11.5 % 11.5 % Conventional conforming mortgage loans 9.5 % 9.5 % Conventional non-conforming mortgage loans 13.8 % 13.8 % 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 as sumptions for mortgage loans as of June 30, 2017 were as follows: (Dollars in thousands) Carrying amount of servicing assets $ 26,502 Fair value $ 29,926 Weighted-average expected life (in years) 8.47 Constant prepayment rate (weighted-average annual rate) 6.23% Decrease in fair value due to 10% adverse change $ 758 Decrease in fair value due to 20% adverse change $ 1,482 Discount rate (weighted-average annual rate) 11.21% Decrease in fair value due to 10% adverse change $ 1,422 Decrease in fair value due to 20% adverse change $ 2,727 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 between 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 resul t 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	6 Months Ended
	Jun. 30, 2017
DEPOSITS	N OTE 14 – DEPOSITS The following table summarizes deposit balances: June 30, December 31, 2017 2016 (In thousands) Type of account: Non-interest bearing checking accounts $ 1,578,142 $ 1,484,155 Savings accounts 2,345,664 2,518,496 Interest-bearing checking accounts 1,155,367 1,075,929 Certificates of deposit 2,409,876 2,312,928 Brokered CDs 1,253,844 1,439,697 $ 8,742,893 $ 8,831,205 Brokered CDs mature as follows: June 30, 2017 (In thousands) Three months or less $ 178,236 Over three months to six months 187,924 Over six months to one year 342,707 Over one year but less than three years 423,120 Three to five years 120,478 Over five years 1,379 Total $ 1,253,844 The following are the components of interest expense on deposits: Quarter Ended Six-Month Period Ended June 30, June 30, 2017 2016 2017 2016 (In thousands) Interest expense on deposits $ 15,883 $ 16,494 $ 31,351 $ 32,974 Accretion of premium from acquisition (15) (57) (38) (138) Amortization of broker placement fees 480 787 1,007 1,645 Interest expense on deposits $ 16,348 $ 17,224 $ 32,320 $ 34,481

SECURITIES SOLD UNDER AGREEMENT

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE	6 Months Ended
	Jun. 30, 2017
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE	NOTE 15 – SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE Securities sold under agreements to repurchase (repurchase agreements) consist of the following: June 30, 2017 December 31, 2016 (Dollars in thousands) Repurchase agreements, interest ranging from 1.96% to 3.11% (December 31, 2016- 1.96% to 2.83%) (1)(2) $ 300,000 $ 300,000 (1) Reported net of securities purchased under agreements to repurchase (reverse repurchase agreements) by counterparty, when applicable, pursuant to ASC 210-20-45-11. (2) As of June 30, 2017, includes $200 million with an average rate of 2.11% that lenders have the right to call before their contractual maturities at various dates beginning on July 19, 2017. In addition, $100 million is tied to variable rates. Repurchase agreements mature as follows: June 30, 2017 (In thousands) Over three months to six months 100,000 Over four to five years 200,000 Total $ 300,000 As of June 30, 2017 and December 31, 2016 , the securities underlying such agreements were delivered to the dealers with which the repurchase agreements were transacted. Repurchase agreements as of June 30, 2017, grouped by counterparty, were as follows: (Dollars in thousands) Weighted-Average Counterparty Amount Maturity (In Months) Dean Witter / Morgan Stanley $ 100,000 4 JP Morgan Chase 200,000 55 $ 300,000

ADVANCES FROM THE FEDERAL HOME

ADVANCES FROM THE FEDERAL HOME LOAN BANK (FHLB)	6 Months Ended
	Jun. 30, 2017
ADVANCES FROM THE FEDERAL HOME LOAN BANK (FHLB)	NOTE 16 – ADVANCES FROM THE FEDERAL HOME LOAN BANK (FHLB) The following is a summary of the advances from the FHLB: June 30, December 31, (Dollars in thousands) 2017 2016 Short-term fixed-rate advances from FHLB, with a weighted-average interest rate of 1.32% (December 31, 2016 - 0.78%) $ 10,000 $ 170,000 Long-term fixed-rate advances from FHLB, with a weighted-average interest rate of 1.61% (December 31, 2016 - 1.49%) 665,000 500,000 $675,000 $670,000 Advances from FHLB mature as follows: June 30, 2017 (In thousands) Within one month $ 110,000 Over one to three months 100,000 Over three to six months - Over six months to one year - Over one to three years 345,000 Over three to four years 120,000 Total $ 675,000 As of June 30, 2017 , the Corporation had additional capacity of approximately $ 772.7 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	6 Months Ended
	Jun. 30, 2017
OTHER BORROWINGS	NOTE 17 – OTHER BORROWINGS Other borrowings, as of the indicated dates, consist of: June 30, December 31, (In thousands) 2017 2016 Junior subordinated debentures due in 2034, interest-bearing at a floating rate of 2.75% over 3-month LIBOR (4.01% as of June 30, 2017 and 3.74% as of December 31, 2016) $ 97,630 $ 97,630 Junior subordinated debentures due in 2034, interest-bearing at a floating rate of 2.50% over 3-month LIBOR (3.77% as of June 30, 2017 and 3.50% as of December 31, 2016) 118,557 118,557 $ 216,187 $ 216,187

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	6 Months Ended
	Jun. 30, 2017
STOCKHOLDERS' EQUITY	NOTE 18 – STOCKHOLDERS’ EQUITY Common Stock As of June 30, 2017 and December 31, 2016 , the Corporation had 2,000,000,000 authorized shares of common stock with a par value of $0.10 per share. As of June 30, 2017 and December 31, 2016 , there were 219,928,329 and 218,700,394 shares issued, respectively, and 215,963,916 and 217,446,205 shares outstanding, respectively. Refer to Note 3 for information about transactions related to common stock under the Omnib us Plan. On May 10, 2017, the U.S. Department of the Treasury announced that it sold all of its remaining 10,291,553 shares of the Corporation’s common stock. Since the U.S. Treasury did not recover the full amount of its original investment under TARP , 2,370,571 outstanding restricted shares held by the Corporation’s employees were forfeited, resulting in a reduction in the number of common shares outstanding. On February 7, 2017, a secondary offering of the Corporation’s common stock by certain o f the Corporation’s existing stockholders was completed. Funds affiliated with Thomas H. Lee Partners, L.P. (“THL”) sold 10 million shares of the Corporation’s common stock, and funds managed by Oaktree Capital Management, L.P. (“Oaktree”) sold 10 million shares of the Corporation’s common stock. In addition, the underwriters exercised their option to purchase an additional 3 million shares of the Corporation’s common stock from the selling stockholders. The Corporation did not receive any proceeds from t he offering. As of June 30, 2017, each of THL and Oaktree owned 9.3 % of the Corporation’s common stock. On August 2, 2017, THL and Oaktree entered into an underwriting agreement with respect to a public offering of 20,000,000 shares of the Corporation ’s common stock, ( 23,000,000 shares of Common Stock if the underwriter exercises in full its option to purchase additional shares), to be sold by the Selling Stockholders. Preferred Stock The Corporation has 50,000,000 authorized shares of preferred stoc k with a par value of $ 1.00 , redeemable at the Corporation’s option subject to certain terms. This stock may be issued in series and the shares of each series will have such rights and preferences as are fixed by the Board of Directors when authorizing the issuance of that particular series. As of June 30, 2017 , the Corporation has five outstanding series of non-convertible, non-cumulative preferred stock: 7.125 % non-cumulative perpetual monthly income preferred stock, Series A; 8.35 % non-cumulativ e perpetual monthly income preferred stock, Series B; 7.40 % non-cumulative perpetual monthly income preferred stock, Series C; 7.25 % non-cumulative perpetual monthly income preferred stock, Series D; and 7.00 % non-cumulative perpetual monthly income prefer red stock, Series E. The liquidation value per share is $ 25 . Effective January 17, 2012, the Corporation delisted all of its outstanding series of non-convertible, non-cumulative 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 December 2016, for the first time since July 2009, the Corporation paid dividends on its non-cumulative perpetual monthly income preferred stock, afte r receiving regulatory approval. Since then, the Corporation has continued to paid monthly dividend payments on the non-cumulative perpetual monthly income preferred stock. The Corporation intends to request approval in future periods to continue with mont hly dividend payments on the non-cumulative perpetual monthly income preferred stock. The Corporation has received approval to pay the monthly dividends on the Corporation’s Series A through E Preferred Stock through September 2017. Treasury stock During the first half of 2017 and 2016 , the Corporation withheld an aggregate of 326,653 shares and 186,703 shares, respectively, of the common stock paid to certain senior officers as additional compensation and rest ricted stock that vested during the first half of 2017 and 2016 to cover employees’ payroll and income tax withholding liabilities; these shares are held as treasury shares. In addition, 2,383,571 shares of restricted stock forfeited in the first half of 2017 are now held as treasury shares . As of June 3 0 , 201 7 and December 31, 201 6 , the Corporation had 3,964,413 and 1,254,189 shares held as treasury stock, respectively. FirstBank Statutory Reserve (Legal Surplus) The Banking Law of the Commonwealth of Puerto Rico requires t hat 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 ac count are not available for distribution to the Corporation, including for payment as dividends to the stockholders, without the prior consent of the Puerto Rico Commissioner of Financial Institutions. The Puerto Rico Banking Law provides that, when the ex penditures of a Puerto Rico commercial bank are greater than receipts, the excess of the expenditures over receipts must be charged against the undistributed profits of the bank, and the balance, if any, must be charged against the reserve fund, as a reduc tion thereof. If there is no reserve fund sufficient to cover such balance in whole or in part, the outstanding amount must 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 201 6 , $ 9 . 6 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 $ 52.4 million as of June 30, 201 7 . There were no transfers to the legal surplus reserve during the first half of 2017.

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2017
INCOME TAXES	NOTE 19 - INCOME TAXES Income tax expense includes Puerto Rico and USVI income taxes as well as applicable 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 con duct of a trade or business in those regions. Any such tax paid in the U.S. and USVI is also either creditable against the Corporation’s Puerto Rico tax liability or taken as a deduction against taxable income , 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 generally not entitled to utilize losses from one sub sidiary 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. Th e 2011 PR Code allows entities organized as limited liability companies to perform an election to become a non-taxable “pass-through” entity and utilize losses to offset income from other “pass-through” entities, subject to certain limitations, with the re maining net income passing-through to its partner entities. T he 2011 PR Code also 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 othe r taxable domestic corporations. On March 1, 2017, the Corporation completed the applicable regulatory filings to change the tax status of its subsidiary, First Federal Finance, from a taxable corporation to a non-taxable “pass-through” entity. This el ection allow s the Corporation to realize tax benefits of its deferred tax assets associated with pass-through ordinary net operating losses available at the banking subsidiary, FirstBank, which were subject to a full valuation allowance as of December 31, 2016, against now pass-through ordinary income from this profitable subsidiary. On March 1, 2017, the Corporation also completed the applicable regulatory filings to change the tax status of its subsidiary, FirstBank Insurance, from a taxable corporation to a non-taxable “pass-through” entity. This election allow s the Corporation to offset pass-through income projected to be earned by FirstBank Insurance with the projected net operating losses at the Holding Company. 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 o f the Bank, and through the Bank’s subsidiary, FirstBank Overseas Corporation, whose interest income and gain on sales is exempt from Puerto Rico income taxation. The IBE and FirstBank Overseas Corporation were created under the International Banking Entit y 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 corpora te standard rates to the extent that the IBE’s net income exceeds 20 % of the bank’s total net taxable income. For the second quarter and first six-months of 2017, the Corporation recorded an income tax expense of $9.3 million and $1.2 million, respect ively, compared to an income tax expense of $7.5 million and $13.2 million, for comparable periods in 2016. The increase in the second quarter of 2017, as compared to the same period in 2016, was primarily driven by higher pre-tax earnings. The decrease in the income tax expense for the first six months of 2017, as compared to the same perio d in 2016, was mostly attributable to a $ 13.2 million tax benefit recorded in the first quarter of 2017 as a result of the above discussed change in tax status of certai n subsidiaries from taxable corporations to limited liability companies with an election to be treated as partnerships for income tax purposes in Puerto Rico. The $13.2 million tax benefit was primarily associated with the reversal of the $ 13.9 million deferred tax asset valuation allowance previously recorded at FirstBank related to pass-through ordinary net operating losses, partially offset by the elimination of the $ 0.7 million deferred tax asset previously recorded at FirstBank Insurance. Th e remaining difference in the income tax expense of the first six months of 2017, when compared to the first six months of 2016, was primarily related to a higher estimated annual effective tax rate in 2017. For the six-month period ended June 30, 2017, t he 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. In the computation of the consolidated worldwide annual estimated effective tax rate, ASC 740 -270 requires the exclusion of legal entities with pre-tax losses from which a tax benefit cannot be recognized. The Corporation’s estimated annual effective tax rate in the first half of 2017, excluding entities from which a tax benefit cannot be recogni zed and discrete items, was 24 % compared to 22 % for the first half of 2016. The estimated annual effective tax rate including all entities for 2017 was 14 % ( 25 % excluding discrete items, primarily the tax benefit resulting from the previously mentioned ch ange in the tax status of two subsidiaries) compared to 24 % for the first half of 2016. The Corporation’s net deferred tax asset amounted to $ 280.9 million as of June 30, 2017, net of a valuation allowance of $ 190.0 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 net deferred tax ass et of the Corporation’s banking subsidiary, FirstBank, amounted to $ 280.7 million as of June 30, 2017, net of a valuation allowance of $ 149.8 million, compared to a net deferred tax asset of $ 277.4 million, net of a valuation allowance of $ 171.0 million, a s of December 31, 2016. As of June 30, 2017, the Corporation did not have Unrecognized Tax Benefits (“UTBs”) recorded on its books. Audit periods remain open for review until the statute of limitations has passed. The statute of limitations under the 2011 PR code is four years; the statute of limitations for U.S. Virgin Islands and U.S. income taxes is 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 statut e 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 re sults of operations for the given period. At the beginning of the 2017 year, the IRS had substantially completed the examination of the 2012 U.S. federal tax return. On January 23, 2017, the Corporation received confirmation from the IRS that the audit for the years 2011 and 2012 were closed with no adjustments to the previously filed returns. For Virgin Islands and U.S. income tax purposes, all tax years subsequent to 2012 remain open to examination. For Puerto Rico tax purposes, all tax years subsequent t o 2012 remain open to examination.

FAIR VALUE

FAIR VALUE	6 Months Ended
	Jun. 30, 2017
FAIR VALUE	NOTE 20 – 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 the first half of 2017 , there were 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 available for sale 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, when available, 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 discounted cash flow models that use unobser vable 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 resid ential 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 pr ojected 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 assum ptions such as the 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 based on historical portfolio performance. The variable cash flow of the security i s modeled using the 3-month LIBOR forward curve. Loss assumptions were driven by the combination of default and loss severity estimates, using an asset-level risk assessment method taking into account loan credit characteristics (loan-to-value, state juris diction, delinquency, property type and pricing behavior, 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 v alue 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 . On interest caps, only the seller's credit risk is considered. The caps were valued using a discounted cash flow approach and using the related LIBOR and swap rate for each cash flow. A cr edit spread is considered for those derivative instruments that are not secured. The cumulative mark-to-market effect of credit risk in the valuation of derivative instruments for the quarter and six-month periods ended June 30, 2017 and 2016 was immaterial. Assets and liabilities measured at fair value on a recurring basis are summarized below: As of June 30, 2017 As of December 31, 2016 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 : Equity securities $ 415 $ - $ - $ 415 $ 408 $ - $ - $ 408 U.S. Treasury Securities 7,431 - - 7,431 7,509 - - 7,509 Noncallable U.S. agency debt - 365,710 - 365,710 - 356,919 - 356,919 Callable U.S. agency debt and MBS - 1,362,542 - 1,362,542 - 1,469,463 - 1,469,463 Puerto Rico government obligations - 4,176 1,470 5,646 - 24,707 2,121 26,828 Private label MBS - - 18,201 18,201 - - 20,693 20,693 Other investments - - 100 100 - - 100 100 Derivatives, included in assets: Purchased interest rate cap agreements - 261 - 261 - 554 - 554 Forward contracts - 137 - 137 - - - - Liabilities: Derivatives, included in liabilities: Written interest rate cap agreement - 260 - 260 - 552 - 552 Forward contracts - 30 - 30 - 201 - 201 The table below presents a reconciliation of the beginning and ending balances of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the quarters and six -month periods ended June 30, 2017 and 2016 : Quarter Ended June 30, 2017 2016 Level 3 Instruments Only Securities Securities (In thousands) Available For Sale (1) Available For Sale (1) Beginning balance $ 21,382 $ 26,663 Total gains or (losses) (realized/unrealized): Included in other comprehensive income 228 558 Principal repayments and amortization (1,839) (1,201) Ending balance $ 19,771 $ 26,020 (1) Amounts mostly related to private label mortgage-backed securities. Six-Month Period Ended June 30, 2017 2016 Level 3 Instruments Only Securities Securities (In thousands) Available For Sale (1) Available For Sale (1) Beginning balance $ 22,914 $ 27,297 Total gains or (losses) (realized/unrealized): Included in earnings - (387) Included in other comprehensive income 746 1,816 Principal repayments and amortization (3,889) (2,706) Ending balance $ 19,771 $ 26,020 (1) Amounts mostly related to private label mortgage-backed securities. 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) as of June 30, 2017: June 30, 2017 (In thousands) Fair Value Valuation Technique Unobservable Input Range Investment securities available-for-sale: Private label MBS $ 18,201 Discounted cash flow Discount rate 14.3% Prepayment rate 12.5% - 25.0% (Weighted Average 15.3%) Projected cumulative loss rate 0.1% - 6.8% (Weighted Average 3.6%) Puerto Rico Government Obligations 1,470 Discounted cash flow Prepayment rate 3.00% 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, lo ss severity assumptions, and prepayment 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. Puer to Rico Government Obligations : The significant unobservable input used in the fair value measurement is the assumed prepayment rate of the underlying residential mortgage loans collateral on these obligations that are guaranteed by the Puerto Rico Housin g Finance Authority (“PRHFA”). 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 due to the guarantee of the PRHFA. The PRHFA credit risk is modeled by discounting the cash flows using a curve appropriate to the PRHFA credit rating. The tables below summarize changes in unrealized gains and losses recorded in earnings for the quarters and six-month periods ended June 30, 2017 and 2016 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 June 30, 2017) (Quarter ended June 30, 2016) 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 available-for-sale investment securities (credit component) $ - $ - Changes in Unrealized Losses Changes in Unrealized Losses (Six-Month Period Ended June 30, 2017) (Six-Month Period Ended June 30, 2016) 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 available-for-sale investment securities (credit component) $ - $ (387) 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 June 30, 2017, 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 June 30, 2017 (Losses) recorded for the Quarter Ended June 30, 2017 (Losses) recorded for the Six-Month Period Ended June 30, 2017 Level 1 Level 2 Level 3 (In thousands) Loans receivable (1) $ - $ - $ 359,302 $ (5,341) $ (22,707) OREO (2) - - 150,045 (3,237) (6,873) Mortgage servicing rights (3) - - 26,502 (197) (357) (1) Consist mainly of impaired commercial and construction loans. The impairment was generally measured based on the fair value of the collateral. The fair value was 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), that are not market observable. Losses were related to market valuation adjustments after the transfer of the loans 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 include: Prepayment rate of 6.23%, Discount Rate of 11.21%. As of June 30, 2016, 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 June 30, 2016 (Losses) recorded for the Quarter Ended June 30, 2016 (Losses) recorded for the Six-Month Period Ended June 30, 2016 Level 1 Level 2 Level 3 (In thousands) Loans receivable (1) $ - $ - $ 464,467 $ (7,870) $ (27,536) OREO (2) - - 139,159 (3,436) (5,727) Mortgage servicing rights (3) - - 25,044 (151) (124) (1) Consist mainly of impaired commercial and construction loans. The impairment was generally measured based on the fair value of the collateral. The fair value was 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), that are not market observable. Losses were related to market valuation adjustments after the transfer of the loans 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 include: Prepayment Rate of 10.56%, Discount Rate of 10.67%. Qualitative information regarding the fair value measurements for Level 3 financial instruments are as follows: June 30, 2017 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 6.23%; weighted average discount rate of 11.21% 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 nonperf ormance. Investment securities held to maturity Investment securities held to maturity consist of financing arrangements with Puerto Rico municipalities issued in bond form, but underwritten as loans with features that are typically found in commerci al loan transactions. These obligations typically are not issued in bearer form, nor are they registered with the SEC and are not rated by external credit agencies. The fair value of these financing arrangements was based on a discounted cash flow analysis using risk-adjusted discount rates (Level 3). The credit spreads for valuations are based on a similar security that traded in the open market. 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, bas ed 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 fi xed-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 est imate. 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 as sumptions were considered for non-residential loans. For residential mortgage loans, prepayment estimates were based on a prepayment 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. 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 t he 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, whic h represent the value of the customer relationship. The fair value of total deposits is 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 we re based on brokered CD market rates as of June 30, 2017 . 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 b y 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 e xit 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, which the Corporation evaluates. Securities sold under agreements to repurchase are ful ly collateralized by investment securities. Advances from the FHLB The fair value of advances from the 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 the 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 debentures at a tenor comparable to the time to maturity of the debentures. The following tables present the carrying value, estimated fair value and estimated fair value level of hierarchy of financial instruments as of June 30, 2017 and December 31, 2016: Total Carrying Amount in Statement of Financial Condition June 30, 2017 Fair Value Estimate June 30, 2017 Level 1 Level 2 Level 3 (In thousands) Assets: Cash and due from banks and money market investments $ 432,564 $ 432,564 $ 432,564 $ - $ - Investment securities available for sale 1,760,045 1,760,045 7,846 1,732,428 19,771 Investment securities held to maturity 156,049 134,944 - - 134,944 Other equity securities 43,072 43,072 - 43,072 - Loans held for sale 37,272 39,805 - 30,019 9,786 Loans held for investment 8,861,176 Less: allowance for loan and lease losses (173,485) Loans held for investment, net of allowance $ 8,687,691 8,403,999 - - 8,403,999 Derivatives, included in assets 398 398 - 398 - Liabilities: Deposits 8,742,893 8,750,833 - 8,750,833 - Securities sold under agreements to repurchase 300,000 333,114 - 333,114 - Advances from FHLB 675,000 674,573 - 674,573 - Other borrowings 216,187 187,612 - - 187,612 Derivatives, included in liabilities 290 290 - 290 - Total Carrying Amount in Statement of Financial Condition December 31, 2016 Fair Value Estimate December 31, 2016 Level 1 Level 2 Level 3 (In thousands) Assets: Cash and due from banks and money market investments $ 299,685 $ 299,685 $ 299,685 $ - $ - Investment securities available for sale 1,881,920 1,881,920 7,917 1,851,089 22,914 Investment securities held to maturity 156,190 132,759 - - 132,759 Other equity securities 42,992 42,992 - 42,992 - Loans held for sale 50,006 52,707 - 42,921 9,786 Loans held for investment 8,886,873 Less: allowance for loan and lease losses (205,603) Loans held for investment, net of allowance $ 8,681,270 8,455,104 - - 8,455,104 Derivatives, included in assets 554 554 - 554 - Liabilities: Deposits 8,831,205 8,838,606 - 8,838,606 - Securities sold under agreements to repurchase 300,000 335,840 - 335,840 - Advances from FHLB 670,000 669,687 - 669,687 - Other borrowings 216,187 171,374 - - 171,374 Derivatives, included in liabilities 753 753 - 753 -

SUPPLEMENTAL CASH FLOW INFORMAT

SUPPLEMENTAL CASH FLOW INFORMATION	6 Months Ended
	Jun. 30, 2017
SUPPLEMENTAL CASH FLOW INFORMATION	NOTE 21 – SUPPLEMENTAL CASH FLOW INFORMATION Supplemental cash flow information is as follows: Six-Month Period Ended June 30, 2017 2016 (In thousands) Cash paid for: Interest on borrowings $ 44,613 $ 77,960 Income tax 2,389 558 Non-cash investing and financing activities: Additions to other real estate owned 37,756 22,018 Additions to auto and other repossessed assets 22,731 28,658 Capitalization of servicing assets 1,924 2,458 Loan securitizations 131,808 146,277 Loans held for sale transferred to held for investment 10,206 - Property plant and equipment transferred to other assets 1,185 -

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
	Jun. 30, 2017
SEGMENT INFORMATION	NOTE 22 – 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 June 30, 2017 , the Corporation had six reportable seg ments: 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 products were also considered in the determ ination 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 Co rporate 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 o ther 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 t heir lending activities and borrows from those segments. The Consumer (Retail) Banking and the United States Operations segments also lend funds to the other segments. The interest rates charged or credited by Treasury and Investments, the Consumer (Retail) B anking 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, “Basis of Presentation and Signif icant Accounting Policies,” in the audited consolidated financial statements of the Corporation for the year ended December 31, 2016, which are included in the Corporation’s 2016 Annual Report on Form 10-K. The Corporation evaluates the performance of th e segments based on net interest income, the 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 June 30, 2017: Interest income $ 33,086 $ 43,369 $ 30,364 $ 14,657 $ 16,675 $ 9,223 $ 147,374 Net (charge) credit for transfer of funds (11,500) 6,546 (9,012) 14,427 (461) - - Interest expense - (6,183) - (12,112) (4,372) (803) (23,470) Net interest income 21,586 43,732 21,352 16,972 11,842 8,420 123,904 (Provision) release for loan and lease losses (11,167) (7,767) 770 - (131) 199 (18,096) Non-interest income 4,764 12,153 1,171 438 574 1,449 20,549 Direct non-interest expenses (9,622) (28,066) (9,771) (969) (8,115) (6,918) (63,461) Segment income $ 5,561 $ 20,052 $ 13,522 $ 16,441 $ 4,170 $ 3,150 $ 62,896 Average earning assets $ 2,471,666 $ 1,772,605 $ 2,482,323 $ 2,142,975 $ 1,501,169 $ 609,280 $ 10,980,018 (In thousands) Mortgage Banking Consumer (Retail) Banking Commercial and Corporate Treasury and Investments United States Operations Virgin Islands Operations Total For the quarter ended June 30, 2016: Interest income $ 35,041 $ 45,134 $ 31,386 $ 12,917 $ 13,423 $ 9,033 $ 146,934 Net (charge) credit for transfer of funds (12,675) 3,854 (5,416) 13,861 376 - - Interest expense - (6,280) - (15,872) (3,714) (840) (26,706) Net interest income 22,366 42,708 25,970 10,906 10,085 8,193 120,228 (Provision) release for loan and lease losses (11,608) (7,259) (2,020) - (251) 152 (20,986) Non-interest income 4,672 11,290 913 62 732 2,109 19,778 Direct non-interest expenses (10,131) (28,029) (11,659) (1,498) (8,253) (6,671) (66,241) Segment income $ 5,299 $ 18,710 $ 13,204 $ 9,470 $ 2,313 $ 3,783 $ 52,779 Average earning assets $ 2,577,067 $ 1,978,803 $ 2,653,482 $ 2,780,102 $ 1,171,788 $ 607,915 $ 11,769,157 (In thousands) Mortgage Banking Consumer (Retail) Banking Commercial and Corporate Treasury and Investments United States Operations Virgin Islands Operations Total Six-Month Period Ended June 30, 2017 Interest income $ 67,044 $ 86,286 $ 59,775 $ 28,414 $ 32,464 $ 18,619 $ 292,602 Net (charge) credit for transfer of funds (23,198) 11,448 (18,323) 30,660 (587) - - Interest expense - (12,083) - (23,918) (8,567) (1,581) (46,149) Net interest income 43,846 85,651 41,452 35,156 23,310 17,038 246,453 Provision for loan and lease losses (20,103) (14,909) (7,285) - (96) (1,145) (43,538) Non-interest income (loss) 8,350 25,982 1,958 (11,732) 1,079 3,155 28,792 Direct non-interest expenses (19,501) (55,484) (19,138) (2,176) (15,974) (13,668) (125,941) Segment income $ 12,592 $ 41,240 $ 16,987 $ 21,248 $ 8,319 $ 5,380 $ 105,766 Average earning assets $ 2,486,280 $ 1,776,384 $ 2,513,270 $ 2,150,097 $ 1,447,490 $ 613,527 $ 10,987,048 (In thousands) Mortgage Banking Consumer (Retail) Banking Commercial and Corporate Treasury and Investments United States Operations Virgin Islands Operations Total SIx-Month Period Ended June 30, 2016 Interest income $ 70,260 $ 91,200 $ 64,934 $ 26,677 $ 26,147 $ 18,547 $ 297,765 Net (charge) credit for transfer of funds (25,599) 7,736 (11,512) 28,387 988 - - Interest expense - (12,442) - (31,341) (7,403) (1,703) (52,889) Net interest income 44,661 86,494 53,422 23,723 19,732 16,844 244,876 (Provision) release for loan and lease losses (17,748) (15,796) (9,568) - (461) 1,534 (42,039) Non-interest income (loss) 9,159 24,026 1,474 (2,339) 1,915 4,012 38,247 Direct non-interest expenses (20,964) (60,118) (21,323) (2,548) (15,514) (13,660) (134,127) Segment income $ 15,108 $ 34,606 $ 24,005 $ 18,836 $ 5,672 $ 8,730 $ 106,957 Average earning assets $ 2,589,671 $ 1,998,955 $ 2,527,919 $ 2,845,682 $ 1,156,209 $ 618,476 $ 11,736,912 The following table presents a reconciliation of the reportable segment financial information to the consolidated totals: Quarter Ended Six-Month Period Ended June 30, June 30, 2017 2016 2017 2016 Net income : Total segment income $ 62,896 $ 52,779 $ 105,766 $ 106,957 Other operating expenses (1) (25,608) (23,303) (51,010) (48,414) Income before income taxes 37,288 29,476 54,756 58,543 Income tax expense (9,290) (7,523) (1,217) (13,246) Total consolidated net income $ 27,998 $ 21,953 $ 53,539 $ 45,297 Average assets: Total average earning assets for segments $ 10,980,018 $ 11,769,157 $ 10,987,048 $ 11,736,912 Average non-earning assets 900,622 972,711 893,785 961,237 Total consolidated average assets $ 11,880,640 $ 12,741,868 $ 11,880,833 $ 12,698,149 (1) Expenses pertaining to corporate administrative functions that support the operating segments 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	6 Months Ended
	Jun. 30, 2017
REGULATORY MATTERS, COMMITMENTS AND CONTINGENCIES	NOTE 23 – REGULATORY MATTERS, COMMITMENTS AND CONTINGENCIES The Corporation and FirstBank are each 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 and FirstBank’s assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting pract ices. The Corporation’s capital amounts and classification are also subject to qualitative judgments and adjustment by the regulators with respect to minimum capital requirements, components, risk weightings, and other factors. First BanCorp. is subject t o the Written Agreement that the Corporation entered into with the New York FED 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/or the 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-preferre d securities or subordinated debt, and (3) the holding company cannot incur, increase, or guarantee debt or repurchase any capital securities. The Written Agreement also required the holding company to submit a capital plan acceptable to the New York FED t hat reflected sufficient capital at First BanCorp. on a consolidated basis 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 respect s by reference to the actual language of the Written Agreement, which the Corporation filed with the SEC. The Corporation submitted its Capital Plan setting forth its plans for how to improve its 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 th e reduction of classified and special mention assets. As of June 30, 2017, 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 submi ssion to the regulators of quarterly progress reports. Although the Corporation and FirstBank became subject to the U.S. Basel III capital rules (“Basel III rules”) beginning on January 1, 2015, certain requirements of the Basel III rules are being phased in over several years. The phase-in period for certain deductions and adjustments to regulatory capital (such as certain intangible assets and deferred tax assets that arise from net operating losses and tax credit carryforwards) will be completed on Janu ary 1, 2018. The Corporation and FirstBank compute risk-weighted assets using the Standardized Approach required by the Basel III rules. The Basel III rules require the Corporation to maintain an additional capital conservation buffer of 2.5 % to avoid l imitations 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. The phase-in of th e capital conservation buffer began on January 1, 2016 with a first year requirement of 0.625 % of additional Common Equity Tier 1 Capital (“CET1”), which is being 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. Under the fully phased-in Basel III rules, in order to be considered adequately capitalized, the Corporation will be required to maintain: (i) a minimum CET1 capital 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, res ulting 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. In addition, as required under the Basel II I rules, the Corporation’s trust preferred securities (“TRuPs”) were fully phased out from Tier 1 capital as of January 1, 2016. However, the Corporation’s TRuPs may continue to be included in Tier 2 capital until the instruments are redeemed or mature . Please refer to the discussion in “Part I – Item 7 – Business – Supervision and Regulation” included in the Corporation’s 2016 Form 10-K for a more complete discussion of supervision and regulatory matters and activities that affect the Corporation a nd its subsidiaries. The Corporation's and its banking subsidiary's regulatory capital positions as of June 30, 2017 and December 31, 2016 were as follows: Regulatory Requirements Actual For Capital Adequacy Purposes To be Well-Capitalized-General Thresholds Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) As of June 30, 2017 Total Capital (to Risk-Weighted Assets) First BanCorp. $ 1,969,487 22.24% $ 708,370 8.0% N/A N/A FirstBank $ 1,920,418 21.70% $ 708,102 8.0% $ 885,128 10.0% Common Equity Tier 1 Capital (to Risk-Weighted Assets) First BanCorp. $ 1,647,977 18.61% $ 398,458 4.5% N/A N/A FirstBank $ 1,537,714 17.37% $ 398,308 4.5% $ 575,333 6.5% Tier I Capital (to Risk-Weighted Assets) First BanCorp. $ 1,647,977 18.61% $ 531,277 6.0% N/A N/A FirstBank $ 1,808,647 20.43% $ 531,077 6.0% $ 708,102 8.0% Leverage ratio First BanCorp. $ 1,647,977 14.14% $ 466,291 4.0% N/A N/A FirstBank $ 1,808,647 15.53% $ 465,716 4.0% $ 582,146 5.0% As of December 31, 2016 Total Capital (to Risk-Weighted Assets) First BanCorp. $ 1,921,329 21.34% $ 720,329 8.0% N/A N/A FirstBank $ 1,872,120 20.80% $ 720,091 8.0% $ 900,114 10.0% Common Equity Tier 1 Capital (to Risk-Weighted Assets) First BanCorp. $ 1,597,117 17.74% $ 405,185 4.5% N/A N/A FirstBank $ 1,523,332 16.92% $ 405,051 4.5% $ 585,074 6.5% Tier I Capital (to Risk-Weighted Assets) First BanCorp. $ 1,597,117 17.74% $ 540,247 6.0% N/A N/A FirstBank $ 1,757,642 19.53% $ 540,068 6.0% $ 720,091 8.0% Leverage ratio First BanCorp. $ 1,597,117 13.70% $ 466,376 4.0% N/A N/A FirstBank $ 1,757,642 15.10% $ 465,740 4.0% $ 582,174 5.0% 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 June 3 0 , 201 7 , commitments to extend credit amounted to approximately $ 1.2 b illion, of which $ 681.3 million relates to credit card loans. Commercial and Financial standby letters of credit amounted to approximately $ 38.3 million. Commitments to ex tend 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 commit ments 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 addi tional 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 do es not enter into interest rate lock agreements with prospecti ve borrowers in connection with its mortgage banking activities . As of June 30, 2017, First BanCorp. and its subsidiaries were defendants in various legal proceedings arising in the ordinary course of business. On at least a quarterly basis, the Corp oration assesses its liabilities and contingencies in connection with threatened and outstanding legal cases, matters and proceedings, utilizing the latest information available. For cases, matters and proceedings where it is both probable the Corporation will incur a loss and the amount can be reasonably estimated, the Corporation establishes an accrual for the loss. Once established, the accrual is adjusted as appropriate to reflect any relevant developments. For cases, matters or proceedings where a loss is not probable or the amount of the loss cannot be estimated, no accrual is established. Any estimate involves significant judgment, given the varying stages of the proceedings (including the fact that some of them are currently in preliminary stages), the existence of multiple defendants in some of the current proceedings whose share of liability has yet to be determined, the numerous unresolved issues in the proceedings, and the inherent uncertainty of the various potential outcomes of such proceedings . Accordingly, the Corporation’s estimate will change from time-to-time, and actual losses may be more or less than the current estimate. While the final outcome of legal cases, matters, and proceedings is inherently uncertain, based on information curren tly available, Management believes that the final disposition of the Corporation’s legal cases, matters or proceedings, to the extent not previously provided for, will not have a material negative adverse effect on the Corporation’s consolidated financial p osition as a whole. If management believes that, based on available information, it is at least reasonably possible that a material loss (or additional material loss in excess of any accrual) will be incurred in connection with any legal actions, the Corpo ration discloses an estimate of the possible loss or range of loss, either individually or in the aggregate, as appropriate, if such an estimate can be made, or discloses that an estimate cannot be made. Based on the Corporation’s assessment at June 30, 20 17, no such disclosures were necessary. However in the event of unexpected future developments, it is possible that the ultimate resolution of these cases, matters and proceedings, if unfavorable, may be material to the Corporation’s consolidated financi al position on a particular period. Ramirez Torres, et al. v Banco Popular de Puerto Rico, et al. FirstBank Puerto Rico has been named a defendant in a class action complaint captioned Ramirez Torres , et al. v. Banco Popular de Puerto Rico, et al. The co mplaint seeks damages and preliminary and permanent injunctive relief on behalf of the purported class against Banco Popular de Puerto Rico and other financial institutions with insurance agency subsidiaries in Puerto Rico. Plaintiffs contend that in Novem ber 2015, Antilles Insurance Company obtained approval from the Puerto Rico Insurance Commissioner to market an endorsement that allowed its customers to obtain a reimbursement on their insurance premium for good experience, but that defendants failed to o ffer this product or disclose its existence to their customers, favoring other products instead, in violation of their fiduciary duties as insurance producers. Plaintiffs seek a determination that defendants unlawfully failed to comply with their fiduciary duty to disclose the existence of this new insurance benefit from this carrier, as well as double or treble damages (the latter subject to a determination that defendants engaged in anti-monopolistic practices in failing to offer this product). On July 31 , 2017, the court entered judgment dismissing the complaint with prejudice. Plaintiffs have until August 15, 2 017 to file for reconsideration.

FIRST BANCORP. (Holding Company

FIRST BANCORP. (Holding Company Only) Financial Information	6 Months Ended
	Jun. 30, 2017
FIRST BANCORP. (Holding Company Only) Financial Information	NOTE 24 – FIRST BANCORP. (HOLDING COMPANY ONLY) FINANCIAL INFORMATION The following condensed financial information presents the financial position of the Holding Company only as of June 30, 2017 and December 31, 2016 and the results of its operations for the quarters and six -month periods ended June 30, 2017 and 2016 . Statements of Financial Condition As of June 30, As of December 31, 2017 2016 (In thousands) Assets Cash and due from banks $ 25,624 $ 29,393 Money market investments 6,111 6,111 Other investment securities 285 285 Loans held for investment, net 208 227 Investment in First Bank Puerto Rico, at equity 2,019,899 1,946,211 Investment in First Bank Insurance Agency, at equity 14,219 10,941 Investment in FBP Statutory Trust I 2,929 2,929 Investment in FBP Statutory Trust II 3,561 3,561 Other assets 4,017 3,791 Total assets $ 2,076,853 $ 2,003,449 Liabilities and Stockholders' Equity Liabilities: Other borrowings $ 216,187 $ 216,187 Accounts payable and other liabilities 756 1,019 Total liabilities 216,943 217,206 Stockholders' equity 1,859,910 1,786,243 Total liabilities and stockholders' equity $ 2,076,853 $ 2,003,449 Statements of Income Quarter Ended Six-Month Period Ended June 30, June 30, 2017 2016 2017 2016 (In thousands) (In thousands) Income: Interest income on money market investments $ 5 $ 5 $ 10 $ 10 Dividend income from banking subsidiaries 1,800 31,158 3,600 31,158 Dividend income from non-banking subsidiaries - - - 7,000 Other income 66 63 128 123 1,871 31,226 3,738 38,291 Expense: Other borrowings 2,065 1,982 4,027 3,960 Other operating expenses 699 978 1,666 1,628 2,764 2,960 5,693 5,588 Gain on early extinguishment of debt - - - 4,217 (Loss) income before income taxes and equity in undistributed earnings of subsidiaries (893) 28,266 (1,955) 36,920 Equity in undistributed earnings of subsidiaries 28,891 (6,313) 55,494 8,377 Net income $ 27,998 $ 21,953 $ 53,539 $ 45,297 Other Comprehensive income, net of tax 9,065 13,875 19,761 44,266 Comprehensive income $ 37,063 $ 35,828 $ 73,300 $ 89,563

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2017
SUBSEQUENT EVENTS	NOTE 25 – SUBSEQUENT EVENTS The Corporation has performed an evaluation of events occurring subsequent to June 30 , 2017 ; management has determined that there are no events occurring in this period that require disclosure in or adjustment to the accompanying financial statements.

EARNINGS PER COMMON SHARE (Tabl

EARNINGS PER COMMON SHARE (Tables)	6 Months Ended
	Jun. 30, 2017
Schedule of Earning Per Share [Table Text Block]	The calculations of earnings per common share for the quarters and six-month periods ended June 30, 2017 and 2016 are as follows: Quarter Ended Six-Month Period Ended June 30, June 30, 2017 2016 2017 2016 (In thousands, except per share information) Net income $ 27,998 $ 21,953 $ 53,539 $ 45,297 Less: Preferred stock dividends (669) - (1,338) - Net income attributable to common stockholders $ 27,329 $ 21,953 $ 52,201 $ 45,297 Weighted-Average Shares: Average common shares outstanding 213,900 212,768 213,621 212,558 Average potential dilutive common shares 2,932 3,155 3,482 2,040 Average common shares outstanding- assuming dilution 216,832 215,923 217,103 214,598 Earnings per common share: Basic $ 0.13 $ 0.10 $ 0.24 $ 0.21 Diluted $ 0.13 $ 0.10 $ 0.24 $ 0.21

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2017
Activity of Stock Options	The activity of stock options granted under the 1997 stock option plan for the six-month period ended June 30, 2017 is set forth below: Weighted-Average Remaining Aggregate Number of Weighted-Average Contractual Term Intrinsic Value Options Exercise Price (Years) (In thousands) Beginning of period outstanding and exercisable 34,989 $ 138.00 Options expired (34,989) 138.00 End of period outstanding and exercisable - $ - - $ -
Restricted Stock Activity Under Omnibus Plan	The following table summarizes the restricted stock activity in the first half of 2017 under the Omnibus Plan: Six-Month Period Ended June 30, 2017 Number of shares Weighted-Average of restricted Grant Date stock Fair Value Non-vested shares at beginning of year 4,178,791 $ 2.58 Granted 954,976 3.04 Forfeited (1) (2,383,571) 2.30 Vested (2) (916,044) 3.34 Non-vested shares at June 30, 2017 1,834,152 $ 2.79 (1) Includes 2,370,571 of outstanding shares of restricted stock, subject to TARP requirements, that were forfeited as a result of the U.S. Treasury's sale of its remaining shares of the Corporation's common stock. (2) Includes 743,021 shares of restricted stock released from TARP restrictions.

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2017
Investment Securities Available for Sale	June 30, 2017 Amortized cost Noncredit Loss Component of OTTI Recorded in OCI Fair value Weighted-average yield% Gross Unrealized gains losses (Dollars in thousands) U.S. Treasury securities: After 1 to 5 years $ 7,443 $ - $ - $ 12 $ 7,431 1.29 Obligations of U.S. government-sponsored agencies: Due within one year 69,976 - - 107 69,869 1.04 After 1 to 5 years 361,964 - 171 1,875 360,260 1.37 After 5 to 10 years 16,943 - 29 159 16,813 2.00 After 10 years 42,592 - - 239 42,353 1.60 Puerto Rico government obligations: After 10 years 7,980 - 68 2,402 5,646 5.00 United States and Puerto Rico government obligations 506,898 - 268 4,794 502,372 1.42 Mortgage-backed securities: FHLMC certificates: After 5 to 10 years 21,643 - 62 - 21,705 2.18 After 10 years 277,351 - 489 4,054 273,786 2.18 298,994 - 551 4,054 295,491 2.18 GNMA certificates: After 1 to 5 years 94 - 2 - 96 3.33 After 5 to 10 years 81,006 - 1,635 - 82,641 3.05 After 10 years 114,213 - 8,175 21 122,367 4.35 195,313 - 9,812 21 205,104 3.81 FNMA certificates: Due within one year 52 - - - 52 4.04 After 1 to 5 years 16,949 - 475 - 17,424 2.56 After 5 to 10 years 19,418 - 19 191 19,246 2.01 After 10 years 646,918 - 4,548 7,058 644,408 2.38 683,337 - 5,042 7,249 681,130 2.37 Collateralized mortgage obligations guaranteed by the FHLMC and GNMA: After 5 to 10 years 19,074 - 23 - 19,097 1.87 After 10 years 37,948 - 187 - 38,135 1.89 57,022 - 210 - 57,232 1.88 Other mortgage pass-through trust certificates: After 10 years 24,838 6,637 - - 18,201 2.40 24,838 6,637 - - 18,201 2.40 Total mortgage-backed securities 1,259,504 6,637 15,615 11,324 1,257,158 2.53 Other After 1 to 5 years 100 - - - 100 1.49 Equity Securities (1) 419 - - 4 415 2.08 Total investment securities available for sale $ 1,766,921 $ 6,637 $ 15,883 $ 16,122 $ 1,760,045 2.21 (1) Equity securities consisted of investment in a Community Reinvestment Act Qualified Investment Fund. December 31, 2016 Amortized cost Noncredit Loss Component of OTTI Recorded in OCI Fair value Weighted-average yield% Gross Unrealized gains losses (Dollars in thousands) U.S. Treasury securities: Due whithin one year $ 7,508 $ - $ 1 $ - $ 7,509 0.57 Obligations of U.S. government-sponsored agencies: After 1 to 5 years 440,438 - 142 2,912 437,668 1.33 After 5 to 10 years 16,942 - 9 256 16,695 1.91 After 10 years 44,145 - 8 166 43,987 1.12 Puerto Rico government obligations: After 1 to 5 years 21,422 12,222 - - 9,200 - After 10 years 21,245 2,028 73 1,662 17,628 1.86 United States and Puerto Rico government obligations 551,700 14,250 233 4,996 532,687 1.29 Mortgage-backed securities: FHLMC certificates: After 5 to 10 years 5,908 - 72 - 5,980 2.25 After 10 years 314,906 - 261 5,827 309,340 2.17 320,814 - 333 5,827 315,320 2.17 GNMA certificates: After 1 to 5 years 83 - 3 - 86 3.82 After 5 to 10 years 91,744 - 1,635 92 93,287 3.06 After 10 years 123,548 - 9,706 - 133,254 4.36 215,375 - 11,344 92 226,627 3.81 FNMA certificates: Due within one year 152 - 2 - 154 4.71 After 1 to 5 years 24,409 - 435 - 24,844 2.18 After 5 to 10 years 17,181 - - 261 16,920 1.87 After 10 years 690,625 - 4,136 9,406 685,355 2.35 732,367 - 4,573 9,667 727,273 2.33 Collateralized mortgage obligations issued or guaranteed by the FHLMC and GNMA: After 1 to 5 years 19,851 - 4 31 19,824 1.42 After 10 years 39,120 - - 132 38,988 1.44 58,971 - 4 163 58,812 1.43 Other mortgage pass-through trust certificates: After 10 years 28,815 8,122 - - 20,693 2.40 Total mortgage-backed securities 1,356,342 8,122 16,254 15,749 1,348,725 2.49 Other After 1 to 5 years 100 - - - 100 1.50 Equity Securities (1) 415 - - 7 408 2.44 Total investment securities available for sale $ 1,908,557 $ 22,372 $ 16,487 $ 20,752 $ 1,881,920 2.14 (1) Equity securities consisted of investment in a Community Reinvestment Act Qualified Investment Fund.
OTTI Losses on Available-for-Sale Debt Securities	Quarter Ended Six-Month Period Ended June 30, June 30, 2017 2016 2017 2016 (In thousands) Total other-than-temporary impairment losses $ - $ - $ (12,231) $ (1,845) Portion of other-than-temporary impairment recognized in OCI - - - (4,842) Net impairment losses recognized in earnings (1) $ - $ - $ (12,231) $ (6,687) (1) For the six-month periods ended June 30, 2017 and 2016, approximately $12.2 million and $6.3 million, respectively, of the credit impairment recognized in earnings consisted of credit losses on Puerto Rico Government debt securities that were sold in the second quarter of 2017, as further discussed below. For the six-month period ended June 30, 2016, $0.4 million of the credit impairment recognized in earnings was associated with credit losses on private label MBS.
Roll-Forward of Credit Losses on Debt Securities Held by Corporation	The following tables summarize the roll-forward of credit losses on debt securities held by the Corporation for which a portion of an OTTI is recognized in OCI: Cumulative OTTI credit losses recognized in earnings on securities still held Credit impairments Credit impairments Credit loss March 31, recognized in earnings recognized in earnings on reductions for June 30, 2017 on securities not securities that have been securities sold 2017 Balance previously impaired previously impaired during the period Balance (In thousands) Available-for-sale securities Puerto Rico government obligations $ 34,420 $ - $ - $ (34,420) $ - Private label MBS 6,792 - - - 6,792 Total OTTI credit losses for available-for-sale debt securities $ 41,212 $ - $ - $ (34,420) $ 6,792 Cumulative OTTI credit losses recognized in earnings on securities still held Credit impairments Credit loss December 31, recognized in earnings on reductions for June 30, 2016 securities that have been securities sold 2017 Balance previously impaired during the period Balance (In thousands) Available-for-sale securities Puerto Rico government obligations $ 22,189 $ 12,231 $ (34,420) $ - Private label MBS 6,792 - - 6,792 Total OTTI credit losses for available-for-sale debt securities $ 28,981 $ 12,231 $ (34,420) $ 6,792 Cumulative OTTI credit losses recognized in earnings on securities still held Credit impairments Credit impairments March 31, recognized in earnings recognized in earnings on June 30, 2016 on securities not securities that have been 2016 Balance previously impaired previously impaired Balance (In thousands) Available-for-sale securities Puerto Rico government obligations $ 22,189 $ - $ - $ 22,189 Private label MBS 6,792 - - 6,792 Total OTTI credit losses for available-for-sale debt securities $ 28,981 $ - $ - $ 28,981 Cumulative OTTI credit losses recognized in earnings on securities still held Credit impairments Credit impairments December 31, recognized in earnings recognized in earnings on June 30, 2015 on securities not securities that have been 2016 Balance previously impaired previously impaired Balance (In thousands) Available-for-sale securities Puerto Rico government obligations $ 15,889 $ - $ 6,300 $ 22,189 Private label MBS 6,405 - 387 6,792 Total OTTI credit losses for available-for-sale debt securities $ 22,294 $ - $ 6,687 $ 28,981
Significant Assumptions in Valuation of Private Label MBS	As of As of June 30, 2017 December 31, 2016 Weighted Weighted Average Range Average Range Discount rate 14.3% 14.3% 14.1% 12.88% - 14.43% Prepayment rate 15.3% 12.5% - 25.0% 13.8% 6.5% - 22.5% Projected Cumulative Loss Rate 4% 0.1% - 6.8% 4% 0.2% - 8.6%
Held To Maturity Securities [Text Block]	June 30, 2017 Amortized cost Fair value Weighted average yield% Gross Unrealized gains losses Puerto Rico Municipal Bonds: After 1 to 5 years $ 4,108 $ - $ 149 $ 3,959 5.38 After 5 to 10 years 7,628 - 492 7,136 4.25 After 10 years 144,313 - 20,464 123,849 4.94 Total investment securities held to maturity $ 156,049 $ - $ 21,105 $ 134,944 4.92 December 31, 2016 Amortized cost Fair value Weighted average yield% Gross Unrealized gains losses Puerto Rico Municipal Bonds: After 1 to 5 years $ 1,136 $ - $ 20 $ 1,116 5.38 After 5 to 10 years 10,741 - 718 10,023 4.47 After 10 years 144,313 - 22,693 121,620 4.74 Total investment securities held to maturity $ 156,190 $ - $ 23,431 $ 132,759 4.73
Held to maturity Securities [Member]
Available-for-Sale Investments' Fair Value and Gross Unrealized Losses	As of June 30, 2017 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 Municipal Bonds $ - $ - $ 134,944 $ 21,105 $ 134,944 $ 21,105 As of December 31, 2016 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 Municipal Bonds $ - $ - $ 132,759 $ 23,431 $ 132,759 $ 23,431
Available for sale Securities [Member]
Available-for-Sale Investments' Fair Value and Gross Unrealized Losses	As of June 30, 2017 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 $ - $ - $ 1,470 $ 2,402 $ 1,470 $ 2,402 U.S. Treasury and U.S. government agencies obligations 422,548 2,234 27,918 158 450,466 2,392 Mortgage-backed securities: FNMA 461,637 7,249 - - 461,637 7,249 FHLMC 215,527 4,027 867 27 216,394 4,054 GNMA 798 21 - - 798 21 Other mortgage pass-through trust certificates - - 18,201 6,637 18,201 6,637 Equity securities 410 4 - - 410 4 $ 1,100,920 $ 13,535 $ 48,456 $ 9,224 $ 1,149,376 $ 22,759 As of December 31, 2016 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 $ - $ - $ 22,609 $ 15,912 $ 22,609 $ 15,912 U.S. Treasury and U.S. government agencies obligations 469,046 3,334 - - 469,046 3,334 Mortgage-backed securities: FNMA 519,008 9,667 - - 519,008 9,667 FHLMC 244,839 5,827 - - 244,839 5,827 GNMA 43,388 92 - - 43,388 92 Collateralized mortgage obligations issued or guaranteed by FHLMC and GNMA 55,309 163 - - 55,309 163 Other mortgage pass-through trust certificates - - 20,693 8,122 20,693 8,122 Equity securities 408 7 - - 408 7 $ 1,331,998 $ 19,090 $ 43,302 $ 24,034 $ 1,375,300 $ 43,124

LOAN PORTFOLIO (Tables)

LOAN PORTFOLIO (Tables)	6 Months Ended
	Jun. 30, 2017
Loan Portfolio Held for Investment	As of June 30, As of December 31, 2017 2016 (In thousands) Residential mortgage loans, mainly secured by first mortgages $ 3,282,307 $ 3,296,031 Commercial loans: Construction loans 122,093 124,951 Commercial mortgage loans 1,611,730 1,568,808 Commercial and Industrial loans (1) 2,116,756 2,180,455 Total commercial loans 3,850,579 3,874,214 Finance leases 242,645 233,335 Consumer loans 1,485,645 1,483,293 Loans held for investment 8,861,176 8,886,873 Allowance for loan and lease losses (173,485) (205,603) Loans held for investment, net $ 8,687,691 $ 8,681,270 (1) As of June 30, 2017 and December 31, 2016, includes $885.1 million and $853.9 million, respectively, 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 were as follows: (In thousands) June 30, December 31, 2017 2016 Non-performing loans: Residential mortgage $ 155,330 $ 160,867 Commercial mortgage 122,035 178,696 Commercial and Industrial 65,575 146,599 Construction : Land 10,636 11,026 Construction-commercial 35,520 36,893 Construction-residential 1,235 1,933 Consumer: Auto loans 12,370 14,346 Finance leases 1,112 1,335 Other consumer loans 7,600 8,399 Total non-performing loans held for investment (1) (2)(3) $ 411,413 $ 560,094 (1) As of June 30, 2017 and December 31, 2016, excludes $8.1 million of non-performing loans held for sale. (2) Amount excludes purchased-credit impaired ("PCI") loans with a carrying value of approximately $160.4 million and $165.8 million as of June 30, 2017 and December 31, 2016, respectively, primarily mortgage loans acquired from Doral Bank in the first quarter of 2015 and from Doral Financial in the 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 $384.2 million and $384.9 million of Troubled Debt Restructuring ("TDR") loans that are in compliance with modified terms and in accrual status as of June 30, 2017 and December 31, 2016, respectively.
Corporation's Aging of Loans Held for Investment Portfolio	The Corporation’s aging of the loans held for investment portfolio is as follows: Purchased Credit-Impaired Loans Total loans held for investment 90 days past due and still accruing 30-59 Days Past Due 60-89 Days Past Due 90 days or more Past Due (1) Total Past Due As of June 30, 2017 (In thousands) Current Residential mortgage: FHA/VA and other government-guaranteed loans (2) (3) (4) $ - $ 5,997 $ 69,580 $ 75,577 $ - $ 41,230 $ 116,807 $ 69,580 Other residential mortgage loans (4) - 86,986 173,091 260,077 156,202 2,749,221 3,165,500 17,761 Commercial: Commercial and Industrial loans 2,740 163 71,288 74,191 - 2,042,565 2,116,756 5,713 Commercial mortgage loans (4) - 2,791 127,947 130,738 4,166 1,476,826 1,611,730 5,912 Construction: Land (4) - 223 11,043 11,266 - 19,259 30,525 407 Construction-commercial - - 35,520 35,520 - 46,851 82,371 - Construction-residential - - 1,235 1,235 - 7,962 9,197 - Consumer: Auto loans 49,248 10,900 12,370 72,518 - 774,292 846,810 - Finance leases 7,840 1,743 1,112 10,695 - 231,950 242,645 - Other consumer loans 7,483 5,725 11,393 24,601 - 614,234 638,835 3,793 Total loans held for investment $ 67,311 $ 114,528 $ 514,579 $ 696,418 $ 160,368 $ 8,004,390 $ 8,861,176 $ 103,166 _____________ (1) Includes non-performing loans and accruing loans that 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 $29.2 million of residential mortgage loans insured by the FHA or guaranteed by the VA that are over 15 months delinquent, and are no longer accruing interest as of June 30, 2017. (3) As of June 30, 2017, includes $40.4 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, and land loans past due 30-59 days as of June 30, 2017 amounted to $6.1 million, $122.2 million, $16.5 million and $0.3 million, respectively. As of December 31, 2016 30-59 Days Past Due 60-89 Days Past Due 90 days or more Past Due (1) Total loans held for investment 90 days past due and still accruing (In thousands) Total Past Due Purchased Credit- Impaired Loans Current Residential mortgage: FHA/VA and other government-guaranteed loans (2) (3) (4) $ - $ 5,179 $ 77,052 $ 82,231 $ - $ 44,627 $ 126,858 $ 77,052 Other residential mortgage loans (4) - 94,004 177,568 271,572 162,676 2,734,925 3,169,173 16,701 Commercial: Commercial and Industrial loans 14,195 3,724 151,967 169,886 - 2,010,569 2,180,455 5,368 Commercial mortgage loans (4) - 4,534 181,977 186,511 3,142 1,379,155 1,568,808 3,281 Construction: Land (4) - 436 11,504 11,940 - 19,826 31,766 478 Construction-commercial - - 36,893 36,893 - 40,582 77,475 - Construction-residential (4) - - 1,933 1,933 - 13,777 15,710 - Consumer: Auto loans 57,142 13,523 14,346 85,011 - 762,947 847,958 - Finance leases 7,714 1,671 1,335 10,720 - 222,615 233,335 - Other consumer loans 7,675 5,254 12,328 25,257 - 610,078 635,335 3,929 Total loans held for investment $ 86,726 $ 128,325 $ 666,903 $ 881,954 $ 165,818 $ 7,839,101 $ 8,886,873 $ 106,809 ____________ (1) Includes non-performing loans and accruing loans that 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 $29.3 million of residential mortgage loans insured by the FHA or guaranteed by the VA that are over 15 months delinquent, and are no longer accruing interest as of December 31, 2016. (3) As of December 31, 2016, includes $43.7 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, 2016 amounted to $9.9 million, $142.8 million, $4.6 million, $0.7 million and $0.4 million, respectively.
Corporation's Credit Quality Indicators by Loan	The Corporation’s credit quality indicators by loan type as of June 30, 2017 and December 31, 2016 are summarized below: Commercial Credit Exposure-Credit Risk Profile Based on Creditworthiness Category: Substandard Doubtful Loss Total Adversely Classified (1) Total Portfolio June 30, 2017 (In thousands) Commercial mortgage $ 155,429 $ 13,716 $ - $ 169,145 $ 1,611,730 Construction: Land 18,942 - - 18,942 30,525 Construction-commercial 35,520 - - 35,520 82,371 Construction-residential 1,236 - - 1,236 9,197 Commercial and Industrial 139,501 3,045 166 142,712 2,116,756 Commercial Credit Exposure-Credit Risk Profile Based on Creditworthiness Category: Substandard Doubtful Loss Total Adversely Classified (1) Total Portfolio December 31, 2016 (In thousands) Commercial mortgage $ 193,391 $ 35,416 $ - $ 228,807 $ 1,568,808 Construction: Land 19,345 - - 19,345 31,766 Construction-commercial 36,893 - - 36,893 77,475 Construction-residential 1,933 - - 1,933 15,710 Commercial and Industrial 133,599 67,996 784 202,379 2,180,455 _________ (1) Excludes $8.1 million as of June 30, 2017 and December 31, 2016, of construction-land non-performing loans held for sale. Consumer Credit Exposure-Credit Risk Profile based on Payment activity Residential Real Estate Consumer June 30, 2017 FHA/VA/ Guaranteed (1) Other residential loans Auto Finance Leases Other Consumer (In thousands) Performing $ 116,807 $ 2,853,968 $ 834,440 $ 241,533 $ 631,235 Purchased Credit-Impaired (2) - 156,202 - - - Non-performing - 155,330 12,370 1,112 7,600 Total $ 116,807 $ 3,165,500 $ 846,810 $ 242,645 $ 638,835 (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. This balance includes $29.2 million of residential mortgage loans insured by the FHA or guaranteed by the VA that are over 15 months delinquent, and are no longer accruing interest as of June 30, 2017. (2) PCI loans are excluded from non-performing statistics due to the application of the accretion method, under which these loans will accrete interest income over the remaining life of the loans using estimated cash flow analysis. Consumer Credit Exposure-Credit Risk Profile based on Payment activity Residential Real Estate Consumer December 31, 2016 FHA/VA/ Guaranteed (1) Other residential loans Auto Finance Leases Other Consumer (In thousands) Performing $ 126,858 $ 2,845,630 $ 833,612 $ 232,000 $ 626,936 Purchased Credit-Impaired (2) - 162,676 - - - Non-performing - 160,867 14,346 1,335 8,399 Total $ 126,858 $ 3,169,173 $ 847,958 $ 233,335 $ 635,335 (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. This balance includes $29.3 million of residential mortgage loans insured by the FHA or guaranteed by the VA that are over 15 months delinquent, and are no longer accruing interest as of December 31, 2016. (2) PCI loans are excluded from non-performing statistics due to the application of the accretion method, under which these loans will accrete interest income over the remaining life of the loans using estimated cash flow analysis.
Impaired Loans	Impaired Loans Quarter Ended Six-Month Period Ended June 30, 2017 Recorded Investment Unpaid Principal Balance Related Specific Allowance Year-To-Date Average Recorded Investment Interest Income Recognized on Accrual Basis Interest Income Recognized on Cash Basis Interest Income Recognized on Accrual Basis Interest Income Recognized on Cash Basis (In thousands) As of June 30, 2017 With no related specific allowance recorded: FHA/VA-Guaranteed loans $ - $ - $ - $ - $ - $ - $ - $ - Other residential mortgage loans 67,726 86,962 - 69,236 124 140 211 250 Commercial: Commercial mortgage loans 25,449 29,883 - 25,679 195 56 389 132 Commercial and Industrial Loans 8,343 10,841 - 13,098 72 - 135 - Construction: Land - - - - - - - - Construction-commercial - - - - - - - - Construction-residential - - - - - - - - Consumer: Auto loans 311 311 - 1,230 1 - 1 - Finance leases - - - - - - - - Other consumer loans 1,403 2,575 - 1,513 2 23 8 44 $ 103,232 $ 130,572 $ - $ 110,756 $ 394 $ 219 $ 744 $ 426 With a related specific allowance recorded: FHA/VA-Guaranteed loans $ - $ - $ - $ - $ - $ - $ - $ - Other residential mortgage loans 360,985 404,824 13,786 363,518 4,430 245 8,894 599 Commercial: Commercial mortgage loans 115,172 173,665 8,330 136,370 246 26 492 47 Commercial and Industrial Loans 66,559 87,907 10,788 70,293 181 20 360 37 Construction: Land 14,650 19,953 835 14,849 117 13 234 25 Construction-commercial 35,520 38,595 1,457 36,295 - - - - Construction-residential 387 551 82 390 - - - - Consumer: Auto loans 23,683 23,683 3,736 25,116 477 - 930 - Finance leases 2,492 2,492 69 2,705 48 - 100 - Other consumer loans 12,945 13,513 1,711 13,512 358 12 693 24 $ 632,393 $ 765,183 $ 40,794 $ 663,048 $ 5,857 $ 316 $ 11,703 $ 732 Total: FHA/VA-Guaranteed loans $ - $ - $ - $ - $ - $ - $ - $ - Other residential mortgage loans 428,711 491,786 13,786 432,754 4,554 385 9,105 849 Commercial: Commercial mortgage loans 140,621 203,548 8,330 162,049 441 82 881 179 Commercial and Industrial Loans 74,902 98,748 10,788 83,391 253 20 495 37 Construction: Land 14,650 19,953 835 14,849 117 13 234 25 Construction-commercial 35,520 38,595 1,457 36,295 - - - - Construction-residential 387 551 82 390 - - - - Consumer: Auto loans 23,994 23,994 3,736 26,346 478 - 931 - Finance leases 2,492 2,492 69 2,705 48 - 100 - Other consumer loans 14,348 16,088 1,711 15,025 360 35 701 68 $ 735,625 $ 895,755 $ 40,794 $ 773,804 $ 6,251 $ 535 $ 12,447 $ 1,158 Impaired Loans Recorded Investment Unpaid Principal Balance Related Specific Allowance Year-To-Date Average Recorded Investment (In thousands) As of December 31, 2016 With no related specific allowance recorded: FHA/VA-Guaranteed loans $ - $ - $ - $ - Other residential mortgage loans 67,996 82,602 - 71,003 Commercial: Commercial mortgage loans 72,620 91,685 - 80,713 Commercial and Industrial Loans 14,656 24,642 - 17,209 Construction: Land 180 233 - 212 Construction-commercial - - - - Construction-residential 956 1,531 - 956 Consumer: Auto loans 599 599 - 615 Finance leases 94 94 - 95 Other consumer loans 4,516 5,876 - 4,696 $ 161,617 $ 207,262 $ - $ 175,499 With a related specific allowance recorded: FHA/VA-Guaranteed loans $ - $ - $ - $ - Other residential mortgage loans 374,271 423,648 8,633 380,273 Commercial: Commercial mortgage loans 121,771 133,883 26,172 122,609 Commercial and Industrial Loans 138,887 165,399 22,638 149,153 Construction: Land 14,870 19,918 947 15,589 Construction-commercial 36,893 38,721 324 38,191 Construction-residential 392 551 134 392 Consumer: Auto loans 24,276 24,276 3,717 26,562 Finance leases 2,553 2,553 71 2,751 Other consumer loans 12,375 12,734 1,785 13,322 $ 726,288 $ 821,683 $ 64,421 $ 748,842 Total: FHA/VA-Guaranteed loans $ - $ - $ - $ - Other residential mortgage loans 442,267 506,250 8,633 451,276 Commercial: Commercial mortgage loans 194,391 225,568 26,172 203,322 Commercial and Industrial Loans 153,543 190,041 22,638 166,362 Construction: Land 15,050 20,151 947 15,801 Construction-commercial 36,893 38,721 324 38,191 Construction-residential 1,348 2,082 134 1,348 Consumer: Auto loans 24,875 24,875 3,717 27,177 Finance leases 2,647 2,647 71 2,846 Other consumer loans 16,891 18,610 1,785 18,018 $ 887,905 $ 1,028,945 $ 64,421 $ 924,341 Interest income of approximately $7.4 million ($6.8 million accrual basis and $0.6 million cash basis) and $14.7 million ($13.2 million accrual basis and $1.5 million cash basis) was recognized on impaired loans for the second quarter and six-month period ended June 30, 2016, respectively.
Activity for Impaired loans	The following tables show the activity for impaired loans and the related specific reserve for the quarters and six-month periods ended June 30, 2017 and 2016: Quarter Ended Six-Month Period Ended June 30, June 30, 2017 2016 2017 2016 (In thousands) Impaired Loans: Balance at beginning of period $ 807,198 $ 917,591 $ 887,905 $ 806,509 Loans determined impaired during the period 18,976 76,947 38,604 234,931 Charge-offs (1) (43,083) (11,249) (60,487) (19,601) Loans sold, net of charge-offs - - (53,245) - Increases to impaired loans-additional disbursements 698 414 1,239 1,761 Foreclosures (21,233) (9,189) (30,690) (16,610) Loans no longer considered impaired (1,890) (4,547) (2,782) (24,886) Paid in full or partial payments (25,041) (16,193) (44,919) (28,330) Balance at end of period $ 735,625 $ 953,774 $ 735,625 $ 953,774 (1) For the six-month period ended June 30, 2017, includes a charge-off of $10.7 million related to the sale of the PREPA credit line as further discussed below.
Activity for Specific Reserve	Quarter Ended Six-Month Period Ended June 30, June 30, 2017 2016 2017 2016 (In thousands) Specific Reserve: Balance at beginning of period $ 66,311 $ 81,495 $ 64,421 52,581 Provision for loan losses 17,563 16,126 36,195 53,392 Net charge-offs (43,080) (11,249) (59,822) (19,601) Balance at end of period $ 40,794 $ 86,372 $ 40,794 $ 86,372
Carrying Value of Acquired Loans	The carrying amount of PCI loans were as follows: As of June 30, December 31, 2017 2016 (In thousands) Residential mortgage loans $ 156,202 $ 162,676 Commercial mortgage loans 4,166 3,142 Total PCI loans $ 160,368 $ 165,818 Allowance for loan losses (9,446) (6,857) Total PCI loans, net of allowance for loan losses $ 150,922 $ 158,961
Accretable Yield	Changes in the accretable yield of PCI loans for the quarters and six-month periods ended June 30, 2017 and 2016 were as follows: Quarter Ended Six-Month Period Ended June 30, June 30, June 30, June 30, 2017 2016 2017 2016 (In thousands) Balance at beginning of period $ 113,665 $ 114,098 $ 116,462 $ 118,385 Accretion recognized in earnings (2,724) (2,927) (5,521) (5,816) Reclassification (to) from non-accretable (1,970) 11,008 (1,970) 9,610 Balance at end of period $ 108,971 $ 122,179 $ 108,971 $ 122,179
Selected Information on TDRs Includes Recorded Investment by Loan Class and Modification Type	Selected information on TDR loans that includes the recorded investment by loan class and modification type is summarized in the following tables. This information reflects all TDRs: June 30, 2017 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 (In thousands) Troubled Debt Restructurings: Non-FHA/VA Residential Mortgage loans $ 26,636 $ 8,347 $ 273,798 $ - $ 59,724 $ 368,505 Commercial Mortgage Loans 6,625 2,157 30,796 - 10,487 50,065 Commercial and Industrial Loans 2,146 4,444 15,372 861 43,063 65,886 Construction Loans: Land - 6,667 2,190 - 324 9,181 Construction-commercial - - - 35,520 - 35,520 Construction-residential - - - - 352 352 Consumer Loans - Auto - 1,488 14,949 - 7,557 23,994 Finance Leases - 284 2,208 - - 2,492 Consumer Loans - Other 419 2,295 7,780 224 1,830 12,548 Total Troubled Debt Restructurings $ 35,826 $ 25,682 $ 347,093 $ 36,605 $ 123,337 $ 568,543 (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. December 31, 2016 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 (In thousands) Troubled Debt Restructurings: Non-FHA/VA Residential Mortgage loans $ 29,254 $ 8,373 $ 280,588 $ - $ 57,594 $ 375,809 Commercial Mortgage Loans 6,044 2,007 30,005 - 10,686 48,742 Commercial and Industrial Loans 2,111 66,830 16,359 863 47,358 133,521 Construction Loans: Land - 6,735 2,219 - 408 9,362 Construction-commercial - - - 36,893 - 36,893 Construction-residential - - - - 357 357 Consumer Loans - Auto - 1,706 14,698 - 8,471 24,875 Finance Leases - 366 2,281 - - 2,647 Consumer Loans - Other 236 2,518 9,662 299 2,127 14,842 Total Troubled Debt Restructurings $ 37,645 $ 88,535 $ 355,812 $ 38,055 $ 127,001 $ 647,048 (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.
Corporation's TDR Activity	The following table presents the Corporation's TDR loans activity: Quarter Ended Six-Month Period Ended June 30, June 30, 2017 2016 2017 2016 (In thousands) Beginning balance of TDRs $ 602,364 $ 659,104 $ 647,048 $ 661,591 New TDRs 13,368 34,260 54,267 50,479 Increases to existing TDRs - additional disbursements 330 355 754 1,056 Charge-offs post modification (1) (9,365) (4,632) (24,027) (10,454) Sales, net of charge-offs - - (53,245) - Foreclosures (16,150) (4,579) (20,521) (7,400) Removed from the TDR classification - (3,031) - (3,031) Paid-off and partial payments (22,004) (10,486) (35,733) (21,250) Ending balance of TDRs $ 568,543 $ 670,991 $ 568,543 $ 670,991 (1) For the six-month period ended June 30, 2017, includes a charge off of $10.7 million related to the sale of the PREPA credit line.
Breakdown Between Accrual and Nonaccrual Status of TDRs	The following table provides a breakdown between accrual and nonaccrual status of TDR loans: As of June 30, 2017 Accrual Nonaccrual (1) Total TDRs (In thousands) Non-FHA/VA Residential Mortgage loans $ 293,889 $ 74,616 $ 368,505 Commercial Mortgage Loans 33,406 16,659 50,065 Commercial and Industrial Loans 19,400 46,486 65,886 Construction Loans: Land 7,627 1,554 9,181 Construction-commercial - 35,520 35,520 Construction-residential - 352 352 Consumer Loans - Auto 16,326 7,668 23,994 Finance Leases 2,381 111 2,492 Consumer Loans - Other 11,143 1,405 12,548 Total Troubled Debt Restructurings $ 384,172 $ 184,371 $ 568,543 (1) Included in non-accrual loans are $47.2 million in loans that are performing under the terms of the restructuring agreement but are reported in nonaccrual status until the restructured loans meet the criteria of sustained payment performance under the revised terms for reinstatement to accrual status and are deemed fully collectible. As of December 31, 2016 Accrual Nonaccrual (1) Total TDRs (In thousands) Non- FHA/VA Residential Mortgage loans $ 295,656 $ 80,153 $ 375,809 Commercial Mortgage Loans 32,340 16,402 48,742 Commercial and Industrial Loans 18,496 115,025 133,521 Construction Loans: Land 7,732 1,630 9,362 Construction-commercial - 36,893 36,893 Construction-residential - 357 357 Consumer Loans - Auto 16,253 8,622 24,875 Finance Leases 2,542 105 2,647 Consumer Loans - Other 11,868 2,974 14,842 Total Troubled Debt Restructurings $ 384,887 $ 262,161 $ 647,048 (1) Included in non-accrual loans are $110.6 million in loans that are performing under the terms of the 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 are deemed fully collectible.
Schedule Of Troubled Debt Restructurings Table [Text Block]	Quarter Ended June 30, 2017 Number of contracts Pre-modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment (Dollars in thousands) Troubled Debt Restructurings: Non-FHA/VA Residential Mortgage loans 48 $ 9,577 $ 9,483 Commercial Mortgage Loans 2 267 267 Commercial and Industrial Loans 2 326 326 Consumer Loans - Auto 122 1,926 1,926 Finance Leases 14 362 362 Consumer Loans - Other 193 991 1,004 Total Troubled Debt Restructurings 381 $ 13,449 $ 13,368 Six-Month Period Ended June 30, 2017 Number of contracts Pre-modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment (Dollars in thousands) Troubled Debt Restructurings: Non-FHA/VA Residential Mortgage loans 88 $ 14,227 $ 13,991 Commercial Mortgage Loans 8 22,705 22,465 Commercial and Industrial Loans 5 11,074 11,074 Construction Loans: Land 1 25 28 Consumer Loans - Auto 274 4,173 4,173 Finance Leases 22 548 548 Consumer Loans - Other 403 1,960 1,988 Total Troubled Debt Restructurings 801 $ 54,712 $ 54,267 Quarter Ended June 30, 2016 Number of contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment (Dollars in thousands) Troubled Debt Restructurings: Non-FHA/VA Residential Mortgage loans 54 $ 7,397 $ 7,132 Commercial Mortgage Loans 3 2,672 2,668 Commercial and Industrial Loans 19 20,261 20,261 Consumer Loans - Auto 165 2,718 2,718 Finance Leases 12 242 242 Consumer Loans - Other 269 1,222 1,239 Total Troubled Debt Restructurings 522 $ 34,512 $ 34,260 Six-Month Period Ended June 30, 2016 Number of contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment (Dollars in thousands) Troubled Debt Restructurings: Non-FHA/VA Residential Mortgage loans 112 $ 16,409 $ 15,591 Commercial Mortgage Loans 3 2,672 2,668 Commercial and Industrial Loans 19 20,261 20,261 Consumer Loans - Auto 423 7,699 7,699 Finance Leases 48 1,182 1,182 Consumer Loans - Other 605 3,043 3,078 Total Troubled Debt Restructurings 1,210 $ 51,266 $ 50,479
Loan Modifications Considered Troubled Debt Restructurings Defaulted	Quarter Ended June 30, 2017 2016 Number of contracts Recorded Investment Number of contracts Recorded Investment (Dollars in thousands) Non-FHA/VA Residential Mortgage loans 19 $ 2,614 10 $ 1,178 Consumer Loans - Auto 5 69 31 498 Consumer Loans - Other 29 103 34 116 Total 53 $ 2,786 75 $ 1,792 Six-Month Period Ended June 30, 2017 2016 Number of contracts Recorded Investment Number of contracts Recorded Investment (Dollars in thousands) Non-FHA/VA Residential Mortgage loans 22 $ 2,891 21 $ 3,156 Commercial Mortgage Loans 1 57 - - Consumer Loans - Auto 9 130 40 634 Consumer Loans - Other 46 164 67 246 Finance Leases - - 1 13 Total 78 $ 3,242 129 $ 4,049
Loan Restructuring and Effect on Allowance for Loan and Lease Losses	June 30, 2017 June 30, 2016 (In thousands) Principal balance $ 36,141 $ 38,259 Amount charged off $ - $ - Charges to the provision for loan losses $ 388 $ 1,948 Allowance for loan losses at end of period $ 5,529 $ 2,809
Past Due Purchased Credit Impaired Table [Text Block]	The following tables present PCI loans by past due status as of June 30, 2017 and December 31, 2016: As of June 30, 2017 30-59 Days 60-89 Days 90 days or more Total Past Due Total PCI loans Current (In thousands) Residential mortgage loans $ - $ 11,733 $ 26,968 $ 38,701 $ 117,501 $ 156,202 Commercial mortgage loans - 115 1,112 1,227 2,939 4,166 Total (1) $ - $ 11,848 $ 28,080 $ 39,928 $ 120,440 $ 160,368 _____________ (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 June 30, 2017 amounted to $17.7 million and $1.5 million, respectively. As of December 31, 2016 30-59 Days 60-89 Days 90 days or more Total Past Due Total PCI loans Current (In thousands) Residential mortgage loans $ - $ 11,892 $ 27,849 $ 39,741 $ 122,935 $ 162,676 Commercial mortgage loans - 355 1,150 1,505 1,637 3,142 Total (1) $ - $ 12,247 $ 28,999 $ 41,246 $ 124,572 $ 165,818 (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, 2016 amounted to $22.3 million and $0.1 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 were as follows: Quarter Ended Six-Month Period Ended June 30, 2017 June 30, 2016 June 30, 2017 June 30, 2016 (In thousands) Balance at beginning of period $ 163,100 $ 172,332 $ 165,818 $ 173,913 Accretion 2,724 2,927 5,521 5,816 Collections (4,509) (4,581) (9,102) (8,952) Foreclosures (947) (988) (1,869) (1,087) Ending balance $ 160,368 $ 169,690 $ 160,368 $ 169,690 Allowance for loan losses (9,446) (6,857) (9,446) (6,857) Ending balance, net of allowance for loan losses $ 150,922 $ 162,833 $ 150,922 $ 162,833
Allowance For Credit Losses On Purchased Credit Impaired Loans Table [Text Block]	Changes in the allowance for loan losses related to PCI loans follows: Quarter Ended Six-Month Period Ended June 30, 2017 June 30, 2016 June 30, 2017 June 30, 2016 (In thousands) Balance at beginning of period $ 6,857 $ 4,568 $ 6,857 $ 3,962 Provision for loan losses 2,589 2,289 2,589 2,895 Balance at end of period $ 9,446 $ 6,857 $ 9,446 $ 6,857

ALLOWANCE FOR LOAN AND LEASE 38

ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)	6 Months Ended
	Jun. 30, 2017
Changes in Allowance for Loan and Lease Losses	The changes in the allowance for loan and lease losses were as follows: Residential Mortgage Loans Commercial Mortgage Loans Commercial & Industrial Loans Construction Loans Consumer Loans Total (In thousands) Quarter ended June 30, 2017 Allowance for loan and lease losses: Beginning balance $ 35,775 $ 68,468 $ 45,970 $ 3,886 $ 49,132 $ 203,231 Charge-offs (6,967) (30,495) (6,378) (595) (11,053) (55,488) Recoveries 891 78 4,624 133 1,920 7,646 Provision (release) 10,888 525 (2,134) 312 8,505 18,096 Ending balance $ 40,587 $ 38,576 $ 42,082 $ 3,736 $ 48,504 $ 173,485 Ending balance: specific reserve for impaired loans $ 13,786 $ 8,330 $ 10,788 $ 2,374 $ 5,516 $ 40,794 Ending balance: purchased credit-impaired loans (1) $ 9,074 $ 372 $ - $ - $ - $ 9,446 Ending balance: general allowance $ 17,727 $ 29,874 $ 31,294 $ 1,362 $ 42,988 $ 123,245 Loans held for investment: Ending balance $ 3,282,307 $ 1,611,730 $ 2,116,756 $ 122,093 $ 1,728,290 $ 8,861,176 Ending balance: impaired loans $ 428,711 $ 140,621 $ 74,902 $ 50,557 $ 40,834 $ 735,625 Ending balance: purchased credit-impaired loans $ 156,202 $ 4,166 $ - $ - $ - $ 160,368 Ending balance: loans with general allowance $ 2,697,394 $ 1,466,943 $ 2,041,854 $ 71,536 $ 1,687,456 $ 7,965,183 Residential Mortgage Loans Commercial Mortgage Loans Commercial & Industrial Loans Construction Loans Consumer Loans Total (In thousands) Six-Month Period Ended June 30, 2017 Allowance for loan and lease losses: Beginning balance $ 33,980 $ 57,261 $ 61,953 $ 2,562 $ 49,847 $ 205,603 Charge-offs (15,192) (31,857) (18,430) (658) (22,245) (88,382) Recoveries 1,640 108 5,499 578 4,901 12,726 Provision (release) 20,159 13,064 (6,940) 1,254 16,001 43,538 Ending balance $ 40,587 $ 38,576 $ 42,082 $ 3,736 $ 48,504 $ 173,485 Ending balance: specific reserve for impaired loans $ 13,786 $ 8,330 $ 10,788 $ 2,374 $ 5,516 $ 40,794 Ending balance: purchased credit-impaired loans (1) $ 9,074 $ 372 $ - $ - $ - $ 9,446 Ending balance: general allowance $ 17,727 $ 29,874 $ 31,294 $ 1,362 $ 42,988 $ 123,245 Loans held for investment: Ending balance $ 3,282,307 $ 1,611,730 $ 2,116,756 $ 122,093 $ 1,728,290 $ 8,861,176 Ending balance: impaired loans $ 428,711 $ 140,621 $ 74,902 $ 50,557 $ 40,834 $ 735,625 Ending balance: purchased credit-impaired loans $ 156,202 $ 4,166 $ - $ - $ - $ 160,368 Ending balance: loans with general allowance $ 2,697,394 $ 1,466,943 $ 2,041,854 $ 71,536 $ 1,687,456 $ 7,965,183 Residential Mortgage Loans Commercial Mortgage Loans Commercial & Industrial Loans Construction Loans Consumer Loans Total (In thousands) Quarter ended June 30, 2016 Allowance for loan and lease losses: Beginning balance $ 38,548 $ 68,744 $ 71,098 $ 3,013 $ 56,722 $ 238,125 Charge-offs (11,532) (1,437) (1,914) (513) (12,970) (28,366) Recoveries 841 33 676 144 2,015 3,709 Provision (release) 11,098 2,459 (71) 103 7,397 20,986 Ending balance $ 38,955 $ 69,799 $ 69,789 $ 2,747 $ 53,164 $ 234,454 Ending balance: specific reserve for impaired loans $ 11,972 $ 40,071 $ 27,750 $ 1,114 $ 5,465 $ 86,372 Ending balance: purchased credit-impaired loans (1) $ 6,638 $ 219 $ - $ - $ - $ 6,857 Ending balance: general allowance $ 20,345 $ 29,509 $ 42,039 $ 1,633 $ 47,699 $ 141,225 Loans held for investment: Ending balance $ 3,323,844 $ 1,523,676 $ 2,133,623 $ 137,406 $ 1,752,198 $ 8,870,747 Ending balance: impaired loans $ 452,280 $ 211,348 $ 197,368 $ 49,216 $ 43,562 $ 953,774 Ending balance: purchased credit-impaired loans $ 166,556 $ 3,134 $ - $ - $ - $ 169,690 Ending balance: loans with general allowance $ 2,705,008 $ 1,309,194 $ 1,936,255 $ 88,190 $ 1,708,636 $ 7,747,283 Residential Mortgage Loans Commercial Mortgage Loans Commercial & Industrial Loans Construction Loans Consumer Loans Total (In thousands) Six-Month Period Ended June 30, 2016 Allowance for loan and lease losses: Beginning balance $ 39,570 $ 68,211 $ 68,768 $ 3,519 $ 60,642 $ 240,710 Charge-offs (18,838) (2,012) (5,673) (604) (27,774) (54,901) Recoveries 1,187 79 956 161 4,223 6,606 Provision (release) 17,036 3,521 5,738 (329) 16,073 42,039 Ending balance $ 38,955 $ 69,799 $ 69,789 $ 2,747 $ 53,164 $ 234,454 Ending balance: specific reserve for impaired loans $ 11,972 $ 40,071 $ 27,750 $ 1,114 $ 5,465 $ 86,372 Ending balance: purchased credit-impaired loans (1) $ 6,638 $ 219 $ - $ - $ - $ 6,857 Ending balance: general allowance $ 20,345 $ 29,509 $ 42,039 $ 1,633 $ 47,699 $ 141,225 Loans held for investment: Ending balance $ 3,323,844 $ 1,523,676 $ 2,133,623 $ 137,406 $ 1,752,198 $ 8,870,747 Ending balance: impaired loans $ 452,280 $ 211,348 $ 197,368 $ 49,216 $ 43,562 $ 953,774 Ending balance: purchased credit-impaired loans $ 166,556 $ 3,134 $ - $ - $ - $ 169,690 Ending balance: loans with general allowance $ 2,705,008 $ 1,309,194 $ 1,936,255 $ 88,190 $ 1,708,636 $ 7,747,283 (1) Refer to Note 6- Loans Held For Investment-PCI Loans for a detail of changes in the allowance for loan losses related to PCI loans.

LOANS HELD FOR SALE (Tables)

LOANS HELD FOR SALE (Tables)	6 Months Ended
	Jun. 30, 2017
Portfolio of Loans Held for Sale	As of June 30, 2017 December 31, 2016 (In thousands) Residential mortgage loans $ 29,193 $ 41,927 Construction loans 8,079 8,079 Total $ 37,272 $ 50,006

OTHER REAL ESTATE OWNED (Tables

OTHER REAL ESTATE OWNED (Tables)	6 Months Ended
	Jun. 30, 2017
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: June 30, December 31, 2017 2016 (In thousands) OREO OREO balances, carrying value: Residential (1) $ 54,346 $ 46,917 Commercial 84,939 78,698 Construction 10,760 12,066 Total $ 150,045 $ 137,681 (1) Excludes $21.9 million and $15.0 million as of June 30, 2017 and December 31, 2016, respectively, of foreclosures 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 HE41

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)	6 Months Ended
	Jun. 30, 2017
Notional Amounts of All Derivative Instruments	The following table summarizes the notional amounts of all derivative instruments: Notional Amounts (1) As of As of June 30, December 31, 2017 2016 (In thousands) Undesignated economic hedges: Interest rate contracts: Written interest rate cap agreements $ 91,510 $ 91,510 Purchased interest rate cap agreements 91,510 91,510 Forward Contracts: Sale of TBA GNMA MBS pools 31,000 33,000 $ 214,020 $ 216,020 (1) Notional amounts are presented on a gross basis with no netting of offsetting exposure positions.
Summary of Fair Value of Derivative Instruments and Location in Statement of Financial Condition	The following table summarizes for derivative instruments their fair value and location in the consolidated statements of financial condition: Asset Derivatives Liability Derivatives Statement of June 30, December 31, June 30, December 31, Financial 2017 2016 2017 2016 Condition Location Fair Value Fair Value Statement of Financial Condition Location Fair Value Fair Value (In thousands) Undesignated economic hedges: Interest rate contracts: Written interest rate cap agreements Other assets $ - $ - Accounts payable and other liabilities $ 260 $ 552 Purchased interest rate cap agreements Other assets 261 554 Accounts payable and other liabilities - - Forward Contracts: Sales of TBA GNMA MBS pools Other assets 137 - Accounts payable and other liabilities 30 201 $ 398 $ 554 $ 290 $ 753
Effect of Derivative Instruments on Statement of Income (Loss)	The following table summarizes the effect of derivative instruments on the consolidated statements of income: Gain (or Loss) Gain (or Loss) Location of Gain or (loss) Quarter Ended Six-Month Period Ended Recognized in Statement of June 30, June 30, Income on Derivatives 2017 2016 2017 2016 (In thousands) Undesignated economic hedges: Interest rate contracts: Written and purchased interest rate cap agreements Interest income - Loans $ - $ (3) $ (1) $ (7) Forward contracts: Sales of TBA GNMA MBS pools Mortgage banking activities 364 (87) 308 (236) Total gain (loss) on derivatives $ 364 $ (90) $ 307 $ (243)

OFFSETTING OF ASSETS AND LIAB42

OFFSETTING OF ASSETS AND LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2017
Text Block [Abstract]
Offsetting of assets and liabilties	Offsetting of Financial Assets and Derivative Assets 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 As of June 30, 2017 Net Amount (In thousands) Description Derivatives $ 261 $ - $ 261 $ (261) $ - $ - Securities purchased under agreements to resell 200,000 (200,000) - - - - Total $ 200,261 $ (200,000) $ 261 $ (261) $ - $ - 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 As of December 31, 2016 Net Amount (In thousands) Description Derivatives $ 554 $ - $ 554 $ (554) $ - $ - Securities purchased under agreements to resell 200,000 (200,000) - - - - Total $ 200,554 $ (200,000) $ 554 $ (554) $ - $ - Offsetting of Financial Liabilities and Derivative Liabilities 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 As of June 30, 2017 Net Amount (In thousands) Description Securities sold under agreements to repurchase $ 200,000 $ (200,000) $ - $ - $ - $ - 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 As of December 31, 2016 Net Amount (In thousands) Description Securities sold under agreements to repurchase $ 200,000 $ (200,000) $ - $ - $ - $ -

GOODWILL AND OTHER INTANGIBLES

GOODWILL AND OTHER INTANGIBLES (Tables)	6 Months Ended
	Jun. 30, 2017
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 statements of financial condition: As of As of June 30, December 31, 2017 2016 (Dollars in thousands) Core deposit intangible: Gross amount, beginning of period $ 51,664 $ 51,664 Accumulated amortization (1) (45,367) (44,466) Net carrying amount $ 6,297 $ 7,198 Remaining amortization period 7.6 years 8.1 years Purchased credit card relationship intangible: Gross amount $ 24,465 $ 24,465 Accumulated amortization (2) (15,199) (13,934) Net carrying amount $ 9,266 $ 10,531 Remaining amortization period 4.4 years 5 years Insurance Customer relationship intangible: Gross amount $ 1,067 $ 1,067 Accumulated amortization (3) (216) (140) Net carrying amount $ 851 $ 927 Remaining amortization period 5.5 years 6.1 years (1) For the quarter and six-month period ended June 30, 2017, the amortization expense of core deposit intangibles amounted to $0.5 million and $0.9 million, respectively (2016 - $0.5 million and $1.0 million, respectively). (2) For the quarter and six-month period ended June 30, 2017, the amortization expense of the purchased credit card relationship intangible amounted to $0.6 million and $1.3 million, respectively (2016 - $0.7 million and $1.4 million, respectively). (3) For the quarter and six-month period ended June 30, 2017, the amortization expense of insurance customer relationship intangible amounted to $38 thousand and $76 thousand, respectively (2016 - $39 thousand and $64 thousand, respectively). The estimated aggregate annual amortization expense related to these intangible assets for future periods is as follows: Amount (In thousands) 2017 $ 2,160 2018 3,591 2019 3,088 2020 2,851 2021 2,658 2022 and after 2,066

NON-CONSOLIDATED VARIABLE INT44

NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS (Tables)	6 Months Ended
	Jun. 30, 2017
Changes in Servicing Assets	The changes in servicing assets are shown below: Quarter Ended Six-Month Period Ended June 30, June 30, (In thousands) 2017 2016 2017 2016 Balance at beginning of period $ 26,330 $ 24,692 $ 26,244 $ 24,282 Capitalization of servicing assets 1,049 1,297 1,924 2,458 Amortization (779) (809) (1,567) (1,607) Adjustment to fair value (197) (151) (357) (124) Other (1) 99 15 258 35 Balance at end of period $ 26,502 $ 25,044 $ 26,502 $ 25,044 (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 Six-Month Period Ended June 30, June 30, 2017 2016 2017 2016 (In thousands) Balance at beginning of period $ - $ 109 $ 461 $ 136 Temporary impairment charges 197 167 357 194 OTTI of servicing assets - - (621) - Recoveries - (16) - (70) Balance at end of period $ 197 $ 260 $ 197 $ 260
Components of Net Servicing Income	The components of net servicing income are shown below: Quarter Ended Six-Month Period Ended June 30, June 30, 2017 2016 2017 2016 (In thousands) Servicing fees $ 1,975 $ 1,865 $ 3,999 $ 3,727 Late charges and prepayment penalties 138 163 237 305 Adjustment for loans repurchased 99 15 258 35 Other (1) (28) (1) (35) (1) Servicing income, gross 2,184 2,042 4,459 4,066 Amortization and impairment of servicing assets (977) (960) (1,925) (1,731) Servicing income, net $ 1,207 $ 1,082 $ 2,534 $ 2,335 (1) Mainly consisted of compensatory fees imposed by GSEs.
Key Economic Assumptions Used in Determining Fair Value at Time of Sale of Loans	The Corporation’s servicing assets are subject to prepayment and interest rate risks. Key economic assumptions used in determining the fair value at the time of sale of the related mortgages ranged as follows: Maximum Minimum Six-Month Period Ended June 30, 2017: Constant prepayment rate: Government-guaranteed mortgage loans 6.0 % 6.0 % Conventional conforming mortgage loans 6.4 % 6.3 % Conventional non-conforming mortgage loans 9.5 % 9.1 % Discount rate: Government-guaranteed mortgage loans 12.0 % 12.0 % Conventional conforming mortgage loans 10.0 % 10.0 % Conventional non-conforming mortgage loans 14.3 % 14.3 % Six-Month Period Ended June 30, 2016: Constant prepayment rate: Government-guaranteed mortgage loans 7.6 % 7.6 % Conventional conforming mortgage loans 8.0 % 8.0 % Conventional non-conforming mortgage loans 14.1 % 14.0 % Discount rate: Government-guaranteed mortgage loans 11.5 % 11.5 % Conventional conforming mortgage loans 9.5 % 9.5 % Conventional non-conforming mortgage loans 13.8 % 13.8 %
Weighted-Averages of Key Economic Assumptions in Valuation Model	(Dollars in thousands) Carrying amount of servicing assets $ 26,502 Fair value $ 29,926 Weighted-average expected life (in years) 8.47 Constant prepayment rate (weighted-average annual rate) 6.23% Decrease in fair value due to 10% adverse change $ 758 Decrease in fair value due to 20% adverse change $ 1,482 Discount rate (weighted-average annual rate) 11.21% Decrease in fair value due to 10% adverse change $ 1,422 Decrease in fair value due to 20% adverse change $ 2,727

DEPOSITS (Tables)

DEPOSITS (Tables)	6 Months Ended
	Jun. 30, 2017
Summary of Deposit Balances	The following table summarizes deposit balances: June 30, December 31, 2017 2016 (In thousands) Type of account: Non-interest bearing checking accounts $ 1,578,142 $ 1,484,155 Savings accounts 2,345,664 2,518,496 Interest-bearing checking accounts 1,155,367 1,075,929 Certificates of deposit 2,409,876 2,312,928 Brokered CDs 1,253,844 1,439,697 $ 8,742,893 $ 8,831,205
Brokered Certificates Of Deposit Mature	Brokered CDs mature as follows: June 30, 2017 (In thousands) Three months or less $ 178,236 Over three months to six months 187,924 Over six months to one year 342,707 Over one year but less than three years 423,120 Three to five years 120,478 Over five years 1,379 Total $ 1,253,844
Components of Interest Expense on Deposits	The following are the components of interest expense on deposits: Quarter Ended Six-Month Period Ended June 30, June 30, 2017 2016 2017 2016 (In thousands) Interest expense on deposits $ 15,883 $ 16,494 $ 31,351 $ 32,974 Accretion of premium from acquisition (15) (57) (38) (138) Amortization of broker placement fees 480 787 1,007 1,645 Interest expense on deposits $ 16,348 $ 17,224 $ 32,320 $ 34,481

SECURITIES SOLD UNDER AGREEME46

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables)	6 Months Ended
	Jun. 30, 2017
Securities Sold Under Agreements to Repurchase	Securities sold under agreements to repurchase (repurchase agreements) consist of the following: June 30, 2017 December 31, 2016 (Dollars in thousands) Repurchase agreements, interest ranging from 1.96% to 3.11% (December 31, 2016- 1.96% to 2.83%) (1)(2) $ 300,000 $ 300,000 (1) Reported net of securities purchased under agreements to repurchase (reverse repurchase agreements) by counterparty, when applicable, pursuant to ASC 210-20-45-11. (2) As of June 30, 2017, includes $200 million with an average rate of 2.11% that lenders have the right to call before their contractual maturities at various dates beginning on July 19, 2017. In addition, $100 million is tied to variable rates.
Schedule of Repurchase Agreement Maturity	Repurchase agreements mature as follows: June 30, 2017 (In thousands) Over three months to six months 100,000 Over four to five years 200,000 Total $ 300,000
Repurchase Agreements Grouped by Counterparty	Repurchase agreements as of June 30, 2017, grouped by counterparty, were as follows: (Dollars in thousands) Weighted-Average Counterparty Amount Maturity (In Months) Dean Witter / Morgan Stanley $ 100,000 4 JP Morgan Chase 200,000 55 $ 300,000

ADVANCES FROM THE FEDERAL HOM47

ADVANCES FROM THE FEDERAL HOME LOAN BANK (FHLB) (Tables)	6 Months Ended
	Jun. 30, 2017
Summary of Advances from FHLB	The following is a summary of the advances from the FHLB: June 30, December 31, (Dollars in thousands) 2017 2016 Short-term fixed-rate advances from FHLB, with a weighted-average interest rate of 1.32% (December 31, 2016 - 0.78%) $ 10,000 $ 170,000 Long-term fixed-rate advances from FHLB, with a weighted-average interest rate of 1.61% (December 31, 2016 - 1.49%) 665,000 500,000 $675,000 $670,000
Advances from FHLB Mature	Advances from FHLB mature as follows: June 30, 2017 (In thousands) Within one month $ 110,000 Over one to three months 100,000 Over three to six months - Over six months to one year - Over one to three years 345,000 Over three to four years 120,000 Total $ 675,000

OTHER BORROWINGS (Tables)

OTHER BORROWINGS (Tables)	6 Months Ended
	Jun. 30, 2017
Components of Other Borrowings	June 30, December 31, (In thousands) 2017 2016 Junior subordinated debentures due in 2034, interest-bearing at a floating rate of 2.75% over 3-month LIBOR (4.01% as of June 30, 2017 and 3.74% as of December 31, 2016) $ 97,630 $ 97,630 Junior subordinated debentures due in 2034, interest-bearing at a floating rate of 2.50% over 3-month LIBOR (3.77% as of June 30, 2017 and 3.50% as of December 31, 2016) 118,557 118,557 $ 216,187 $ 216,187

FAIR VALUE (Tables)

FAIR VALUE (Tables)	6 Months Ended
	Jun. 30, 2017
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 June 30, 2017 As of December 31, 2016 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 : Equity securities $ 415 $ - $ - $ 415 $ 408 $ - $ - $ 408 U.S. Treasury Securities 7,431 - - 7,431 7,509 - - 7,509 Noncallable U.S. agency debt - 365,710 - 365,710 - 356,919 - 356,919 Callable U.S. agency debt and MBS - 1,362,542 - 1,362,542 - 1,469,463 - 1,469,463 Puerto Rico government obligations - 4,176 1,470 5,646 - 24,707 2,121 26,828 Private label MBS - - 18,201 18,201 - - 20,693 20,693 Other investments - - 100 100 - - 100 100 Derivatives, included in assets: Purchased interest rate cap agreements - 261 - 261 - 554 - 554 Forward contracts - 137 - 137 - - - - Liabilities: Derivatives, included in liabilities: Written interest rate cap agreement - 260 - 260 - 552 - 552 Forward contracts - 30 - 30 - 201 - 201
Schedule of Changes in Fair Value	The tables below summarize changes in unrealized gains and losses recorded in earnings for the quarters and six-month periods ended June 30, 2017 and 2016 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 June 30, 2017) (Quarter ended June 30, 2016) 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 available-for-sale investment securities (credit component) $ - $ - Changes in Unrealized Losses Changes in Unrealized Losses (Six-Month Period Ended June 30, 2017) (Six-Month Period Ended June 30, 2016) 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 available-for-sale investment securities (credit component) $ - $ (387)
Fair Value of Assets and Liabilities Measured on Recurring Basis	Quarter Ended June 30, 2017 2016 Level 3 Instruments Only Securities Securities (In thousands) Available For Sale (1) Available For Sale (1) Beginning balance $ 21,382 $ 26,663 Total gains or (losses) (realized/unrealized): Included in other comprehensive income 228 558 Principal repayments and amortization (1,839) (1,201) Ending balance $ 19,771 $ 26,020 (1) Amounts mostly related to private label mortgage-backed securities. Six-Month Period Ended June 30, 2017 2016 Level 3 Instruments Only Securities Securities (In thousands) Available For Sale (1) Available For Sale (1) Beginning balance $ 22,914 $ 27,297 Total gains or (losses) (realized/unrealized): Included in earnings - (387) Included in other comprehensive income 746 1,816 Principal repayments and amortization (3,889) (2,706) Ending balance $ 19,771 $ 26,020 (1) Amounts mostly related to private label mortgage-backed securities.
Impairment or Valuation Adjustments were Recorded for Assets Recognized at Fair Value	As of June 30, 2017, 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 June 30, 2017 (Losses) recorded for the Quarter Ended June 30, 2017 (Losses) recorded for the Six-Month Period Ended June 30, 2017 Level 1 Level 2 Level 3 (In thousands) Loans receivable (1) $ - $ - $ 359,302 $ (5,341) $ (22,707) OREO (2) - - 150,045 (3,237) (6,873) Mortgage servicing rights (3) - - 26,502 (197) (357) (1) Consist mainly of impaired commercial and construction loans. The impairment was generally measured based on the fair value of the collateral. The fair value was 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), that are not market observable. Losses were related to market valuation adjustments after the transfer of the loans 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 include: Prepayment rate of 6.23%, Discount Rate of 11.21%. As of June 30, 2016, 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 June 30, 2016 (Losses) recorded for the Quarter Ended June 30, 2016 (Losses) recorded for the Six-Month Period Ended June 30, 2016 Level 1 Level 2 Level 3 (In thousands) Loans receivable (1) $ - $ - $ 464,467 $ (7,870) $ (27,536) OREO (2) - - 139,159 (3,436) (5,727) Mortgage servicing rights (3) - - 25,044 (151) (124) (1) Consist mainly of impaired commercial and construction loans. The impairment was generally measured based on the fair value of the collateral. The fair value was 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), that are not market observable. Losses were related to market valuation adjustments after the transfer of the loans 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 include: Prepayment Rate of 10.56%, Discount Rate of 10.67%.
Estimated Fair Value and Carrying Value of Financial Instruments	The following tables present the carrying value, estimated fair value and estimated fair value level of hierarchy of financial instruments as of June 30, 2017 and December 31, 2016: Total Carrying Amount in Statement of Financial Condition June 30, 2017 Fair Value Estimate June 30, 2017 Level 1 Level 2 Level 3 (In thousands) Assets: Cash and due from banks and money market investments $ 432,564 $ 432,564 $ 432,564 $ - $ - Investment securities available for sale 1,760,045 1,760,045 7,846 1,732,428 19,771 Investment securities held to maturity 156,049 134,944 - - 134,944 Other equity securities 43,072 43,072 - 43,072 - Loans held for sale 37,272 39,805 - 30,019 9,786 Loans held for investment 8,861,176 Less: allowance for loan and lease losses (173,485) Loans held for investment, net of allowance $ 8,687,691 8,403,999 - - 8,403,999 Derivatives, included in assets 398 398 - 398 - Liabilities: Deposits 8,742,893 8,750,833 - 8,750,833 - Securities sold under agreements to repurchase 300,000 333,114 - 333,114 - Advances from FHLB 675,000 674,573 - 674,573 - Other borrowings 216,187 187,612 - - 187,612 Derivatives, included in liabilities 290 290 - 290 - Total Carrying Amount in Statement of Financial Condition December 31, 2016 Fair Value Estimate December 31, 2016 Level 1 Level 2 Level 3 (In thousands) Assets: Cash and due from banks and money market investments $ 299,685 $ 299,685 $ 299,685 $ - $ - Investment securities available for sale 1,881,920 1,881,920 7,917 1,851,089 22,914 Investment securities held to maturity 156,190 132,759 - - 132,759 Other equity securities 42,992 42,992 - 42,992 - Loans held for sale 50,006 52,707 - 42,921 9,786 Loans held for investment 8,886,873 Less: allowance for loan and lease losses (205,603) Loans held for investment, net of allowance $ 8,681,270 8,455,104 - - 8,455,104 Derivatives, included in assets 554 554 - 554 - Liabilities: Deposits 8,831,205 8,838,606 - 8,838,606 - Securities sold under agreements to repurchase 300,000 335,840 - 335,840 - Advances from FHLB 670,000 669,687 - 669,687 - Other borrowings 216,187 171,374 - - 171,374 Derivatives, included in liabilities 753 753 - 753 -
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 are as follows: June 30, 2017 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 6.23%; weighted average discount rate of 11.21%
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) as of June 30, 2017: June 30, 2017 (In thousands) Fair Value Valuation Technique Unobservable Input Range Investment securities available-for-sale: Private label MBS $ 18,201 Discounted cash flow Discount rate 14.3% Prepayment rate 12.5% - 25.0% (Weighted Average 15.3%) Projected cumulative loss rate 0.1% - 6.8% (Weighted Average 3.6%) Puerto Rico Government Obligations 1,470 Discounted cash flow Prepayment rate 3.00%

SUPPLEMENTAL CASH FLOW INFORM50

SUPPLEMENTAL CASH FLOW INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2017
Supplemental Cash Flow Information	Six-Month Period Ended June 30, 2017 2016 (In thousands) Cash paid for: Interest on borrowings $ 44,613 $ 77,960 Income tax 2,389 558 Non-cash investing and financing activities: Additions to other real estate owned 37,756 22,018 Additions to auto and other repossessed assets 22,731 28,658 Capitalization of servicing assets 1,924 2,458 Loan securitizations 131,808 146,277 Loans held for sale transferred to held for investment 10,206 - Property plant and equipment transferred to other assets 1,185 -

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2017
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 June 30, 2017: Interest income $ 33,086 $ 43,369 $ 30,364 $ 14,657 $ 16,675 $ 9,223 $ 147,374 Net (charge) credit for transfer of funds (11,500) 6,546 (9,012) 14,427 (461) - - Interest expense - (6,183) - (12,112) (4,372) (803) (23,470) Net interest income 21,586 43,732 21,352 16,972 11,842 8,420 123,904 (Provision) release for loan and lease losses (11,167) (7,767) 770 - (131) 199 (18,096) Non-interest income 4,764 12,153 1,171 438 574 1,449 20,549 Direct non-interest expenses (9,622) (28,066) (9,771) (969) (8,115) (6,918) (63,461) Segment income $ 5,561 $ 20,052 $ 13,522 $ 16,441 $ 4,170 $ 3,150 $ 62,896 Average earning assets $ 2,471,666 $ 1,772,605 $ 2,482,323 $ 2,142,975 $ 1,501,169 $ 609,280 $ 10,980,018 (In thousands) Mortgage Banking Consumer (Retail) Banking Commercial and Corporate Treasury and Investments United States Operations Virgin Islands Operations Total For the quarter ended June 30, 2016: Interest income $ 35,041 $ 45,134 $ 31,386 $ 12,917 $ 13,423 $ 9,033 $ 146,934 Net (charge) credit for transfer of funds (12,675) 3,854 (5,416) 13,861 376 - - Interest expense - (6,280) - (15,872) (3,714) (840) (26,706) Net interest income 22,366 42,708 25,970 10,906 10,085 8,193 120,228 (Provision) release for loan and lease losses (11,608) (7,259) (2,020) - (251) 152 (20,986) Non-interest income 4,672 11,290 913 62 732 2,109 19,778 Direct non-interest expenses (10,131) (28,029) (11,659) (1,498) (8,253) (6,671) (66,241) Segment income $ 5,299 $ 18,710 $ 13,204 $ 9,470 $ 2,313 $ 3,783 $ 52,779 Average earning assets $ 2,577,067 $ 1,978,803 $ 2,653,482 $ 2,780,102 $ 1,171,788 $ 607,915 $ 11,769,157 (In thousands) Mortgage Banking Consumer (Retail) Banking Commercial and Corporate Treasury and Investments United States Operations Virgin Islands Operations Total Six-Month Period Ended June 30, 2017 Interest income $ 67,044 $ 86,286 $ 59,775 $ 28,414 $ 32,464 $ 18,619 $ 292,602 Net (charge) credit for transfer of funds (23,198) 11,448 (18,323) 30,660 (587) - - Interest expense - (12,083) - (23,918) (8,567) (1,581) (46,149) Net interest income 43,846 85,651 41,452 35,156 23,310 17,038 246,453 Provision for loan and lease losses (20,103) (14,909) (7,285) - (96) (1,145) (43,538) Non-interest income (loss) 8,350 25,982 1,958 (11,732) 1,079 3,155 28,792 Direct non-interest expenses (19,501) (55,484) (19,138) (2,176) (15,974) (13,668) (125,941) Segment income $ 12,592 $ 41,240 $ 16,987 $ 21,248 $ 8,319 $ 5,380 $ 105,766 Average earning assets $ 2,486,280 $ 1,776,384 $ 2,513,270 $ 2,150,097 $ 1,447,490 $ 613,527 $ 10,987,048 (In thousands) Mortgage Banking Consumer (Retail) Banking Commercial and Corporate Treasury and Investments United States Operations Virgin Islands Operations Total SIx-Month Period Ended June 30, 2016 Interest income $ 70,260 $ 91,200 $ 64,934 $ 26,677 $ 26,147 $ 18,547 $ 297,765 Net (charge) credit for transfer of funds (25,599) 7,736 (11,512) 28,387 988 - - Interest expense - (12,442) - (31,341) (7,403) (1,703) (52,889) Net interest income 44,661 86,494 53,422 23,723 19,732 16,844 244,876 (Provision) release for loan and lease losses (17,748) (15,796) (9,568) - (461) 1,534 (42,039) Non-interest income (loss) 9,159 24,026 1,474 (2,339) 1,915 4,012 38,247 Direct non-interest expenses (20,964) (60,118) (21,323) (2,548) (15,514) (13,660) (134,127) Segment income $ 15,108 $ 34,606 $ 24,005 $ 18,836 $ 5,672 $ 8,730 $ 106,957 Average earning assets $ 2,589,671 $ 1,998,955 $ 2,527,919 $ 2,845,682 $ 1,156,209 $ 618,476 $ 11,736,912
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 Six-Month Period Ended June 30, June 30, 2017 2016 2017 2016 Net income : Total segment income $ 62,896 $ 52,779 $ 105,766 $ 106,957 Other operating expenses (1) (25,608) (23,303) (51,010) (48,414) Income before income taxes 37,288 29,476 54,756 58,543 Income tax expense (9,290) (7,523) (1,217) (13,246) Total consolidated net income $ 27,998 $ 21,953 $ 53,539 $ 45,297 Average assets: Total average earning assets for segments $ 10,980,018 $ 11,769,157 $ 10,987,048 $ 11,736,912 Average non-earning assets 900,622 972,711 893,785 961,237 Total consolidated average assets $ 11,880,640 $ 12,741,868 $ 11,880,833 $ 12,698,149 (1) Expenses pertaining to corporate administrative functions that support the operating segments 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, COMMITMEN52

REGULATORY MATTERS, COMMITMENTS AND CONTINGENCIES (Tables)	6 Months Ended
	Jun. 30, 2017
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 June 30, 2017 and December 31, 2016 were as follows: Regulatory Requirements Actual For Capital Adequacy Purposes To be Well-Capitalized-General Thresholds Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) As of June 30, 2017 Total Capital (to Risk-Weighted Assets) First BanCorp. $ 1,969,487 22.24% $ 708,370 8.0% N/A N/A FirstBank $ 1,920,418 21.70% $ 708,102 8.0% $ 885,128 10.0% Common Equity Tier 1 Capital (to Risk-Weighted Assets) First BanCorp. $ 1,647,977 18.61% $ 398,458 4.5% N/A N/A FirstBank $ 1,537,714 17.37% $ 398,308 4.5% $ 575,333 6.5% Tier I Capital (to Risk-Weighted Assets) First BanCorp. $ 1,647,977 18.61% $ 531,277 6.0% N/A N/A FirstBank $ 1,808,647 20.43% $ 531,077 6.0% $ 708,102 8.0% Leverage ratio First BanCorp. $ 1,647,977 14.14% $ 466,291 4.0% N/A N/A FirstBank $ 1,808,647 15.53% $ 465,716 4.0% $ 582,146 5.0% As of December 31, 2016 Total Capital (to Risk-Weighted Assets) First BanCorp. $ 1,921,329 21.34% $ 720,329 8.0% N/A N/A FirstBank $ 1,872,120 20.80% $ 720,091 8.0% $ 900,114 10.0% Common Equity Tier 1 Capital (to Risk-Weighted Assets) First BanCorp. $ 1,597,117 17.74% $ 405,185 4.5% N/A N/A FirstBank $ 1,523,332 16.92% $ 405,051 4.5% $ 585,074 6.5% Tier I Capital (to Risk-Weighted Assets) First BanCorp. $ 1,597,117 17.74% $ 540,247 6.0% N/A N/A FirstBank $ 1,757,642 19.53% $ 540,068 6.0% $ 720,091 8.0% Leverage ratio First BanCorp. $ 1,597,117 13.70% $ 466,376 4.0% N/A N/A FirstBank $ 1,757,642 15.10% $ 465,740 4.0% $ 582,174 5.0%

FIRST BANCORP. (Holding Compa53

FIRST BANCORP. (Holding Company Only) Financial Information (Tables)	6 Months Ended
	Jun. 30, 2017
Statements of Financial Condition	Statements of Financial Condition As of June 30, As of December 31, 2017 2016 (In thousands) Assets Cash and due from banks $ 25,624 $ 29,393 Money market investments 6,111 6,111 Other investment securities 285 285 Loans held for investment, net 208 227 Investment in First Bank Puerto Rico, at equity 2,019,899 1,946,211 Investment in First Bank Insurance Agency, at equity 14,219 10,941 Investment in FBP Statutory Trust I 2,929 2,929 Investment in FBP Statutory Trust II 3,561 3,561 Other assets 4,017 3,791 Total assets $ 2,076,853 $ 2,003,449 Liabilities and Stockholders' Equity Liabilities: Other borrowings $ 216,187 $ 216,187 Accounts payable and other liabilities 756 1,019 Total liabilities 216,943 217,206 Stockholders' equity 1,859,910 1,786,243 Total liabilities and stockholders' equity $ 2,076,853 $ 2,003,449
Statements of Income (Loss)	Statements of Income Quarter Ended Six-Month Period Ended June 30, June 30, 2017 2016 2017 2016 (In thousands) (In thousands) Income: Interest income on money market investments $ 5 $ 5 $ 10 $ 10 Dividend income from banking subsidiaries 1,800 31,158 3,600 31,158 Dividend income from non-banking subsidiaries - - - 7,000 Other income 66 63 128 123 1,871 31,226 3,738 38,291 Expense: Other borrowings 2,065 1,982 4,027 3,960 Other operating expenses 699 978 1,666 1,628 2,764 2,960 5,693 5,588 Gain on early extinguishment of debt - - - 4,217 (Loss) income before income taxes and equity in undistributed earnings of subsidiaries (893) 28,266 (1,955) 36,920 Equity in undistributed earnings of subsidiaries 28,891 (6,313) 55,494 8,377 Net income $ 27,998 $ 21,953 $ 53,539 $ 45,297 Other Comprehensive income, net of tax 9,065 13,875 19,761 44,266 Comprehensive income $ 37,063 $ 35,828 $ 73,300 $ 89,563

BASIS OF PRESENTATION AND SIG54

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Detail) $ in Millions	Jun. 30, 2017USD ($)
Significant Accounting Policies [Line Items]
Callable Debt Securities Held At Premium	$ 4.2
Callable Debt Securities Unamortized Premium	$ 0.1

BUSINESS COMBINATION- Additiona

BUSINESS COMBINATION- Additional information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2015	Jun. 30, 2017	Dec. 31, 2016
Business Acquisition [Line Items]
Branches Doral	10
Contractually outstanding principal and interest at acquisition		$ 200.1	$ 207.3

EARNINGS PER COMMON SHARE - Cal

EARNINGS PER COMMON SHARE - Calculations of Earnings Per Common Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Net Income (Loss):
Net income	$ 27,998	$ 21,953	$ 53,539	$ 45,297
Dividends on preferred stock	(669)	0	(1,338)	0
Net income (loss) attributable to common stockholders	$ 27,329	$ 21,953	$ 52,201	$ 45,297
Weighted-Average Shares:
Basic weighted-average common shares outstanding	213,900	212,768	213,621	212,558
Average potential common shares	2,932	3,155	3,482	2,040
Diluted weighted-average number of common shares outstanding	216,832	215,923	217,103	214,598
Income (loss) per common share:
Basic	$ 0.13	$ 0.1	$ 0.24	$ 0.21
Diluted	$ 0.13	$ 0.1	$ 0.24	$ 0.21
Retained Earnings [Member]
Net Income (Loss):
Net income			$ 53,539	$ 45,297
Dividends on preferred stock			$ (1,338)	$ 0

EARNINGS PER COMMON SHARE - Add

EARNINGS PER COMMON SHARE - Additional Information (Detail) - shares	3 Months Ended
	Jun. 30, 2016	Jun. 30, 2017	Dec. 31, 2016
Earnings Per Share Diluted [Line Items]
Unvested shares of restricted stock		1,834,152	4,178,791
Stock Option [Member]
Earnings Per Share Diluted [Line Items]
Antidilutive effect on earnings per share	39,855

STOCK-BASED COMPENSATION - Addi

STOCK-BASED COMPENSATION - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended		6 Months Ended		12 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2018	May 24, 2016
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted shares of restricted stock				954,976
Vested	[1]			916,044
Stock based compensation expense unrecognized related to nonvested shares of restricted stock		$ 4.4		$ 4.4
Period for cost recognition not yet recognized				1 year 4 months 24 days
Weighted-Average Grant Date Fair Value of Stocks				$ 3.04
Repurchased of common stock				326,653	186,703
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period	[2]			2,383,571
Board Of Directors [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted shares of restricted stock				3,644
Restricted stock vesting period				1 year
U S Treasury And Government [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Class Of Warrant Or Right Outstanding		1,285,899		1,285,899
Senior Executives
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted shares				272,959	441,942
Weighted-Average Grant Date Fair Value of Stocks				$ 5.94	$ 3.2
Repurchased of common stock				90,973	134,949
Management [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted shares of restricted stock				951,332	1,786,137
Restricted stock vesting period				2 years	2 years
Omnibus Plan [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Authorized granting up shares							14,169,807
Restricted stock available for issuance		7,984,812		7,984,812
Omnibus Plan [Member] | Senior Executives
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share based compensation cost				$ 1.6	$ 1.4
Troubled Asset Relief Program [Member] | Management [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Percentage of Share vested during period				50.00%	50.00%
Granted shares of restricted stock				838,332	1,546,137
Vested				743,021
Fair Value Of Restricted Stock Granted				$ 2.71	$ 1.43
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period				2,370,571
Restricted Stock Forfeitures Percentage				50.00%	50.00%
Restricted Stock [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share based compensation cost		$ 1	$ 1	$ 2	$ 1.9
Repurchased of common stock				235,680	51,754
Restricted Share Units Percentage						40.00%
First Fifty Percentage Restricted Stock Nonvest Awards [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Percentage of Share vested during period						50.00%
Other Fifty Percentage Restricted Stock Nonvest Awards [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Percentage of Share vested during period						50.00%
Performance Shares [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Performance Share Based Awards Percentage						60.00%
[1]	Includes 743,021 shares of restricted stock released from TARP restrictions.
[2]	Includes 2,370,571 of outstanding shares of restricted stock, subject to TARP requirements, that were forfeited as a result of the U.S. Treasury's sale of its remaining shares of the Corporation's common stock.

STOCK-BASED COMPENSATION - Acti

STOCK-BASED COMPENSATION - Activity of Stock Options (Detail) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)$ / sharesshares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of options, Beginning of year | shares	34,989
Number of Options, expired | shares	(34,989)
Number of options, End of period outstanding and exercisable | shares	0
Weighted-Average Exercise Price, beginning of year | $ / shares	$ 138
Weighted-Average Exercise Price, Options expired | $ / shares	138
Weighted-Average Exercise Price, End of period outstanding and exercisable | $ / shares	$ 0
Aggregate Intrinsic Value, End of period outstanding and exercisable | $	$ 0

STOCK-BASED COMPENSATION - Rest

STOCK-BASED COMPENSATION - Restricted Stock Activity Under Omnibus Plan (Detail)	6 Months Ended
	Jun. 30, 2017$ / sharesshares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of non-vested shares of restricted stock, beginning of period | shares	4,178,791
Granted shares of restricted stock | shares	954,976
Vested | shares	(916,044)	[1]
Forefeited | shares	(2,383,571)	[2]
Number of non-vested shares of restricted stock, end of period | shares	1,834,152
Weighted-Average Grant Date Fair Value, beginning of period | $ / shares	$ 2.58
Weighted-Average Grant Date Fair Value of Stocks | $ / shares	3.04
Weighted-Averages Grant Date Dair Value, Forefeitures | $ / shares	2.3	[2]
Weighted-Averages Grant Date Fair Value, Vested | $ / shares	3.34	[1]
Weighted-Average Grant Date Fair Value, end of period | $ / shares	$ 2.79
[1]	Includes 743,021 shares of restricted stock released from TARP restrictions.
[2]	Includes 2,370,571 of outstanding shares of restricted stock, subject to TARP requirements, that were forfeited as a result of the U.S. Treasury's sale of its remaining shares of the Corporation's common stock.

INVESTMENT SECURITIES - Investm

INVESTMENT SECURITIES - Investment Securities Available for Sale (Detail) - USD ($) $ in Thousands	Jun. 30, 2017		Dec. 31, 2016
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	$ 1,766,921		$ 1,908,557
Noncredit Loss Component of OTTI Recorded in OCI	6,637		22,372
Gross unrealized gain	15,883		16,487
Gross unrealized loss	16,122		20,752
Fair value	$ 1,760,045		$ 1,881,920
Weighted average yield	2.21%		2.14%
United States And Puerto Rico Government Obligations [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	$ 506,898		$ 551,700
Noncredit Loss Component of OTTI Recorded in OCI	0		14,250
Gross unrealized gain	268		233
Gross unrealized loss	4,794		4,996
Fair value	$ 502,372		$ 532,687
Weighted average yield	1.42%		1.29%
Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	$ 1,259,504		$ 1,356,342
Noncredit Loss Component of OTTI Recorded in OCI	6,637		8,122
Gross unrealized gain	15,615		16,254
Gross unrealized loss	11,324		15,749
Fair value	$ 1,257,158		$ 1,348,725
Weighted average yield	2.53%		2.49%
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	$ 298,994		$ 320,814
Noncredit Loss Component of OTTI Recorded in OCI	0		0
Gross unrealized gain	551		333
Gross unrealized loss	4,054		5,827
Fair value	$ 295,491		$ 315,320
Weighted average yield	2.18%		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	$ 195,313		$ 215,375
Noncredit Loss Component of OTTI Recorded in OCI	0		0
Gross unrealized gain	9,812		11,344
Gross unrealized loss	21		92
Fair value	$ 205,104		$ 226,627
Weighted average yield	3.81%		3.81%
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	$ 683,337		$ 732,367
Noncredit Loss Component of OTTI Recorded in OCI	0		0
Gross unrealized gain	5,042		4,573
Gross unrealized loss	7,249		9,667
Fair value	$ 681,130		$ 727,273
Weighted average yield	2.37%		2.33%
Collateralized Mortgage Obligations Issued And Guaranteed By Fhlmc Fnma And Gnma [Member] | Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	$ 57,022		$ 58,971
Noncredit Loss Component of OTTI Recorded in OCI	0		0
Gross unrealized gain	210		4
Gross unrealized loss	0		163
Fair value	$ 57,232		$ 58,812
Weighted average yield	1.88%		1.43%
Mortgage Backed Securities Issued By Private Enterprises [Member] | Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	$ 24,838		$ 28,815
Noncredit Loss Component of OTTI Recorded in OCI	6,637		8,122
Gross unrealized gain	0		0
Gross unrealized loss	0		0
Fair value	$ 18,201		$ 20,693
Weighted average yield	2.40%		2.40%
Due Within One Year [Member] | U S Treasury Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost			$ 7,508
Noncredit Loss Component of OTTI Recorded in OCI			0
Gross unrealized gain			1
Gross unrealized loss			0
Fair value			$ 7,509
Weighted average yield			0.57%
Due Within One Year [Member] | US Government Sponsored Enterprises Debt Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	$ 69,976
Noncredit Loss Component of OTTI Recorded in OCI	0
Gross unrealized gain	0
Gross unrealized loss	107
Fair value	$ 69,869
Weighted average yield	1.04%
Due Within One Year [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	$ 52		$ 152
Noncredit Loss Component of OTTI Recorded in OCI	0		0
Gross unrealized gain	0		2
Gross unrealized loss	0		0
Fair value	$ 52		$ 154
Weighted average yield	4.04%		4.71%
After One To Five Years [Member] | U S Treasury Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	$ 7,443
Noncredit Loss Component of OTTI Recorded in OCI	0
Gross unrealized gain	0
Gross unrealized loss	12
Fair value	$ 7,431
Weighted average yield	1.29%
After One To Five Years [Member] | US Government Sponsored Enterprises Debt Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	$ 361,964		$ 440,438
Noncredit Loss Component of OTTI Recorded in OCI	0		0
Gross unrealized gain	171		142
Gross unrealized loss	1,875		2,912
Fair value	$ 360,260		$ 437,668
Weighted average yield	1.37%		1.33%
After One To Five Years [Member] | Puerto Rico Government obligations [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost			$ 21,422
Noncredit Loss Component of OTTI Recorded in OCI			12,222
Gross unrealized gain			0
Gross unrealized loss			0
Fair value			$ 9,200
Weighted average yield			0.00%
After One To Five Years [Member] | Other Available For Sale Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	$ 100		$ 100
Noncredit Loss Component of OTTI Recorded in OCI	0		0
Gross unrealized gain	0		0
Gross unrealized loss	0		0
Fair value	$ 100		$ 100
Weighted average yield	1.49%		1.50%
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	$ 94		$ 83
Noncredit Loss Component of OTTI Recorded in OCI	0		0
Gross unrealized gain	2		3
Gross unrealized loss	0		0
Fair value	$ 96		$ 86
Weighted average yield	3.33%		3.82%
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	$ 16,949		$ 24,409
Noncredit Loss Component of OTTI Recorded in OCI	0		0
Gross unrealized gain	475		435
Gross unrealized loss	0		0
Fair value	$ 17,424		$ 24,844
Weighted average yield	2.56%		2.18%
After One To Five Years [Member] | Collateralized Mortgage Obligations Issued And Guaranteed By Fhlmc Fnma And Gnma [Member] | Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost			$ 19,851
Noncredit Loss Component of OTTI Recorded in OCI			0
Gross unrealized gain			4
Gross unrealized loss			31
Fair value			$ 19,824
Weighted average yield			1.42%
After Five To Ten Years [Member] | US Government Sponsored Enterprises Debt Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	$ 16,943		$ 16,942
Noncredit Loss Component of OTTI Recorded in OCI	0		0
Gross unrealized gain	29		9
Gross unrealized loss	159		256
Fair value	$ 16,813		$ 16,695
Weighted average yield	2.00%		1.91%
After Five To 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	$ 21,643		$ 5,908
Noncredit Loss Component of OTTI Recorded in OCI	0		0
Gross unrealized gain	62		72
Gross unrealized loss	0		0
Fair value	$ 21,705		$ 5,980
Weighted average yield	2.18%		2.25%
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	$ 81,006		$ 91,744
Noncredit Loss Component of OTTI Recorded in OCI	0		0
Gross unrealized gain	1,635		1,635
Gross unrealized loss	0		92
Fair value	$ 82,641		$ 93,287
Weighted average yield	3.05%		3.06%
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	$ 19,418		$ 17,181
Noncredit Loss Component of OTTI Recorded in OCI	0		0
Gross unrealized gain	19		0
Gross unrealized loss	191		261
Fair value	$ 19,246		$ 16,920
Weighted average yield	2.01%		1.87%
After Five To Ten Years [Member] | Collateralized Mortgage Obligations Issued And Guaranteed By Fhlmc Fnma And Gnma [Member] | Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	$ 19,074
Noncredit Loss Component of OTTI Recorded in OCI	0
Gross unrealized gain	23
Gross unrealized loss	0
Fair value	$ 19,097
Weighted average yield	1.87%
After Ten Years [Member] | US Government Sponsored Enterprises Debt Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	$ 42,592		$ 44,145
Noncredit Loss Component of OTTI Recorded in OCI	0		0
Gross unrealized gain	0		8
Gross unrealized loss	239		166
Fair value	$ 42,353		$ 43,987
Weighted average yield	1.60%		1.12%
After Ten Years [Member] | Puerto Rico Government obligations [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	$ 7,980		$ 21,245
Noncredit Loss Component of OTTI Recorded in OCI	0		2,028
Gross unrealized gain	68		73
Gross unrealized loss	2,402		1,662
Fair value	$ 5,646		$ 17,628
Weighted average yield	5.00%		1.86%
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	$ 277,351		$ 314,906
Noncredit Loss Component of OTTI Recorded in OCI	0		0
Gross unrealized gain	489		261
Gross unrealized loss	4,054		5,827
Fair value	$ 273,786		$ 309,340
Weighted average yield	2.18%		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	$ 114,213		$ 123,548
Noncredit Loss Component of OTTI Recorded in OCI	0		0
Gross unrealized gain	8,175		9,706
Gross unrealized loss	21		0
Fair value	$ 122,367		$ 133,254
Weighted average yield	4.35%		4.36%
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	$ 646,918		$ 690,625
Noncredit Loss Component of OTTI Recorded in OCI	0		0
Gross unrealized gain	4,548		4,136
Gross unrealized loss	7,058		9,406
Fair value	$ 644,408		$ 685,355
Weighted average yield	2.38%		2.35%
After Ten Years [Member] | Collateralized Mortgage Obligations Issued And Guaranteed By Fhlmc Fnma And Gnma [Member] | Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	$ 37,948		$ 39,120
Noncredit Loss Component of OTTI Recorded in OCI	0		0
Gross unrealized gain	187		0
Gross unrealized loss	0		132
Fair value	$ 38,135		$ 38,988
Weighted average yield	1.89%		1.44%
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	$ 24,838		$ 28,815
Noncredit Loss Component of OTTI Recorded in OCI	6,637		8,122
Gross unrealized gain	0		0
Gross unrealized loss	0		0
Fair value	$ 18,201		$ 20,693
Weighted average yield	2.40%		2.40%
Equity Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	$ 419	[1]	$ 415	[2]
Noncredit Loss Component of OTTI Recorded in OCI	0	[1]	0	[2]
Gross unrealized gain	0	[1]	0	[2]
Gross unrealized loss	4	[1]	7	[2]
Fair value	$ 415	[1]	$ 408	[2]
Weighted average yield	2.08%	[1]	2.44%	[2]
[1]	Equity securities consisted of investment in a Community Reinvestment Act Qualified Investment Fund.
[2]	Equity securities consisted of investment in a Community Reinvestment Act Qualified Investment Fund.

INVESTMENT SECURITIES - Additio

INVESTMENT SECURITIES - Additional Information (Detail) - USD ($) $ in Thousands		3 Months Ended			6 Months Ended
		Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	May 17, 2017	Dec. 31, 2016
Schedule Of Investments [Line Items]
Proceeds from sale of available-for-sale securities					$ 23,408	$ 14,990
Percentage Of Debt Securities Government And Government Sponsored Agencies		99.00%			99.00%
Maximum loan to value ratio					80.00%
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities					$ 119,664	183,570
Total investment securities available for sale		$ 1,760,045			1,760,045			$ 1,881,920
Impairement on equity securities		371		$ 0	371	8
Fair value		1,760,045			1,760,045			1,881,920
Amortized cost		$ 1,766,921			$ 1,766,921			$ 1,908,557
Weighted average yield		2.21%			2.21%			2.14%
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities, Portion Recognized in Earnings, Net, Qualitative Disclosures, Default Rate					100.00%
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net	[1]	$ 0		$ 0	$ 12,231	6,687
Percentage Of Held To Maturity Securities		70.00%
Interest Receivable		$ 44,491			44,491			$ 45,453
Maximum [Member]
Schedule Of Investments [Line Items]
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities, Portion Recognized in Earnings, Net, Qualitative Disclosures, Recovery Rate			80.00%
Minimum [Member]
Schedule Of Investments [Line Items]
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities, Portion Recognized in Earnings, Net, Qualitative Disclosures, Recovery Rate			15.00%
Weighted Average [Member]
Schedule Of Investments [Line Items]
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities, Portion Recognized in Earnings, Net, Qualitative Disclosures, Recovery Rate			41.00%
Mortgage Backed Securities Issued By Private Enterprises [Member]
Schedule Of Investments [Line Items]
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net						400
Puerto Rico Government obligations [Member]
Schedule Of Investments [Line Items]
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net					$ 12,200	$ 6,300
Puerto Rico Government obligations [Member] | Puerto Rico Government Debt Securities Other Than Temporary Impairment [Member]
Schedule Of Investments [Line Items]
Proceeds from sale of available-for-sale securities		$ 23,400
Amortized cost							$ 23,000
[1]	For the six-month periods ended June 30, 2017 and 2016, approximately $12.2 million and $6.3 million, respectively, of the credit impairment recognized in earnings consisted of credit losses on Puerto Rico Government debt securities that were sold in the second quarter of 2017, as further discussed below. For the six-month period ended June 30, 2016, $0.4 million of the credit impairment recognized in earnings was associated with credit losses on private label MBS.

INVESTMENT SECURITIES - Narrati

INVESTMENT SECURITIES - Narratives (Detail)	Jun. 30, 2017minimumcreditscore
Disclosure Investment Securities Additional Information [Abstract]
Minimum Credit Score	700

INVESTMENT SECURITIES - Availab

INVESTMENT SECURITIES - Available-For-Sale Investments' Fair Value And Gross Unrealized Losses (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities [Line Items]
Fair Value Less than 12 months	$ 1,100,920	$ 1,331,998
Unrealized Losses Less than 12 months	13,535	19,090
Fair Value 12 months or more	48,456	43,302
Unrealized Losses 12 months or more	9,224	24,034
Total Fair Value	1,149,376	1,375,300
Total Unrealized Losses	22,759	43,124
Equity Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Fair Value Less than 12 months	410	408
Unrealized Losses Less than 12 months	4	7
Fair Value 12 months or more	0	0
Unrealized Losses 12 months or more	0	0
Total Fair Value	410	408
Total Unrealized Losses	4	7
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	1,470	22,609
Unrealized Losses 12 months or more	2,402	15,912
Total Fair Value	1,470	22,609
Total Unrealized Losses	2,402	15,912
Debt Securities [Member] | US States And Political Subdivisions Member [Member]
Schedule Of Available For Sale Securities [Line Items]
Fair Value Less than 12 months	422,548	469,046
Unrealized Losses Less than 12 months	2,234	3,334
Fair Value 12 months or more	27,918	0
Unrealized Losses 12 months or more	158	0
Total Fair Value	450,466	469,046
Total Unrealized Losses	2,392	3,334
Mortgage Backed Securities [Member] | Collateralized Mortgage Obligations Member
Schedule Of Available For Sale Securities [Line Items]
Fair Value Less than 12 months		55,309
Unrealized Losses Less than 12 months		163
Fair Value 12 months or more		0
Unrealized Losses 12 months or more		0
Total Fair Value		55,309
Total Unrealized Losses		163
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	18,201	20,693
Unrealized Losses 12 months or more	6,637	8,122
Total Fair Value	18,201	20,693
Total Unrealized Losses	6,637	8,122
Mortgage Backed Securities [Member] | Government National Mortgage Association Certificates And Obligations G N M A [Member]
Schedule Of Available For Sale Securities [Line Items]
Fair Value Less than 12 months	798	43,388
Unrealized Losses Less than 12 months	21	92
Fair Value 12 months or more	0	0
Unrealized Losses 12 months or more	0	0
Total Fair Value	798	43,388
Total Unrealized Losses	21	92
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	461,637	519,008
Unrealized Losses Less than 12 months	7,249	9,667
Fair Value 12 months or more	0	0
Unrealized Losses 12 months or more	0	0
Total Fair Value	461,637	519,008
Total Unrealized Losses	7,249	9,667
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	215,527	244,839
Unrealized Losses Less than 12 months	4,027	5,827
Fair Value 12 months or more	867	0
Unrealized Losses 12 months or more	27	0
Total Fair Value	216,394	244,839
Total Unrealized Losses	$ 4,054	$ 5,827

INVESTMENT SECURITIES - OTTI Lo

INVESTMENT SECURITIES - OTTI Losses on Available-for-Sale Debt Securities (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Schedule Of Available For Sale Securities [Line Items]
Total other-than-temporary impairment losses		$ 0	$ 0	$ (12,231)	$ (1,845)
Credit losses on debt securities for which an OTTI was no previously recognized		0	0		0
Portion of loss previously recognized in other comprehensive income		0	0	0	(4,842)
Net impairment losses recognized in earnings	[1]	0	0	(12,231)	(6,687)
Mortgage Backed Securities Issued By Private Enterprises [Member]
Schedule Of Available For Sale Securities [Line Items]
Credit losses on debt securities for which an OTTI was no previously recognized		0	0		0
Net impairment losses recognized in earnings					(400)
US States And Political Subdivisions Member [Member]
Schedule Of Available For Sale Securities [Line Items]
Credit losses on debt securities for which an OTTI was no previously recognized		$ 0	$ 0		0
Net impairment losses recognized in earnings				$ (12,200)	$ (6,300)
[1]	For the six-month periods ended June 30, 2017 and 2016, approximately $12.2 million and $6.3 million, respectively, of the credit impairment recognized in earnings consisted of credit losses on Puerto Rico Government debt securities that were sold in the second quarter of 2017, as further discussed below. For the six-month period ended June 30, 2016, $0.4 million of the credit impairment recognized in earnings was associated with credit losses on private label MBS.

INVESTMENT SECURITIES - Roll-Fo

INVESTMENT SECURITIES - Roll-Forward of Credit Losses on Debt Securities Held by Corporation (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
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	$ 41,212,000	$ 28,981,000	$ 28,981,000	$ 22,294,000
Additions:
Credit losses on debt securities for which an OTTI was no previously recognized	0	0		0
Credit losses on debt securities for which an OTTI was previously recognized	0	0	12,231,000	6,687,000
Reductions:
Securities sold during the period	(34,420,000)		(34,420,000)
Ending balance of credit losses on debt securities held for which a portion of an OTTI was recognized in OCI	6,792,000	28,981,000	6,792,000	28,981,000
Mortgage Backed Securities Issued By Private Enterprises [Member]
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	6,792,000	6,792,000	6,792,000	6,405,000
Additions:
Credit losses on debt securities for which an OTTI was no previously recognized	0	0		0
Credit losses on debt securities for which an OTTI was previously recognized	0	0	0	387,000
Reductions:
Securities sold during the period	0		0
Ending balance of credit losses on debt securities held for which a portion of an OTTI was recognized in OCI	6,792,000	6,792,000	6,792,000	6,792,000
US States And Political Subdivisions Member [Member]
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	34,420,000	22,189,000	22,189,000	15,889,000
Additions:
Credit losses on debt securities for which an OTTI was no previously recognized	0	0		0
Credit losses on debt securities for which an OTTI was previously recognized	0	0	12,231,000	6,300,000
Reductions:
Securities sold during the period	(34,420,000)		(34,420,000)
Ending balance of credit losses on debt securities held for which a portion of an OTTI was recognized in OCI	$ 0	$ 22,189,000	$ 0	$ 22,189,000

INVESTMENT SECURITIES - Signifi

INVESTMENT SECURITIES - Significant Assumptions in Valuation of Private Label MBS (Detail)	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Schedule Of Investments [Line Items]
Fair Value Inputs Discount Rate	14.30%	14.10%
Fair Value Inputs Prepayment Rate	15.30%	13.80%
Weighted Average, Projected Cumulative Loss Rate	3.60%	4.00%
Minimum [Member]
Schedule Of Investments [Line Items]
Fair Value Inputs Discount Rate		12.88%
Fair Value Inputs Prepayment Rate	12.50%	6.50%
Weighted Average, Projected Cumulative Loss Rate	0.10%	0.20%
Maximum [Member]
Schedule Of Investments [Line Items]
Fair Value Inputs Discount Rate		14.43%
Fair Value Inputs Prepayment Rate	25.00%	22.50%
Weighted Average, Projected Cumulative Loss Rate	6.80%	8.60%

INVESTMENT SECURITIES - Inves68

INVESTMENT SECURITIES - Investment Securities Held to Maturity (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule Of Held To Maturity Securities [Line Items]
Held To Maturity Securities	$ 156,049	$ 156,190
Held To Maturity Securities Fair Value	134,944	132,759
US States And Political Subdivisions Member [Member] | P R
Schedule Of Held To Maturity Securities [Line Items]
Held To Maturity Securities	156,049	156,190
Held To Maturity Securities Accumulated Unrecognized Holding Gain	0	0
Held To Maturity Securities Accumulated Unrecognized Holding Loss	21,105	23,431
Held To Maturity Securities Fair Value	$ 134,944	$ 132,759
Held To Maturity Securities Debt Maturities Average Yield	4.92%	4.73%
US States And Political Subdivisions Member [Member] | After One To Five Years [Member] | P R
Schedule Of Held To Maturity Securities [Line Items]
Held To Maturity Securities	$ 4,108	$ 1,136
Held To Maturity Securities Accumulated Unrecognized Holding Gain	0	0
Held To Maturity Securities Accumulated Unrecognized Holding Loss	149	20
Held To Maturity Securities Fair Value	$ 3,959	$ 1,116
Held To Maturity Securities Debt Maturities Average Yield	5.38%	5.38%
US States And Political Subdivisions Member [Member] | After Five To Ten Years [Member] | P R
Schedule Of Held To Maturity Securities [Line Items]
Held To Maturity Securities	$ 7,628	$ 10,741
Held To Maturity Securities Accumulated Unrecognized Holding Gain	0	0
Held To Maturity Securities Accumulated Unrecognized Holding Loss	492	718
Held To Maturity Securities Fair Value	$ 7,136	$ 10,023
Held To Maturity Securities Debt Maturities Average Yield	4.25%	4.47%
US States And Political Subdivisions Member [Member] | After Ten Years [Member] | P R
Schedule Of Held To Maturity Securities [Line Items]
Held To Maturity Securities	$ 144,313	$ 144,313
Held To Maturity Securities Accumulated Unrecognized Holding Gain	0	0
Held To Maturity Securities Accumulated Unrecognized Holding Loss	20,464	22,693
Held To Maturity Securities Fair Value	$ 123,849	$ 121,620
Held To Maturity Securities Debt Maturities Average Yield	4.94%	4.74%

INVESTMENT SECURITIES - Inves69

INVESTMENT SECURITIES - Investment Securities Held to Maturity (Securities in continuous unrealized loss position) (Detail) - US States And Political Subdivisions Member [Member] - P R - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule Of Held To Maturity Securities [Line Items]
Held to maturity less than twelve months fair value	$ 0	$ 0
Held to maturity less than twelve months unrealized losses	0	0
Held to maturity securities twelve months or longer fair value	134,944	132,759
Held to maturity securities twelve month or longer unrealized losses	21,105	23,431
Held to maturity unrealized loss position fair value	134,944	132,759
Held to maturity unrealized loss position aggregate losses	$ 21,105	$ 23,431

OTHER EQUITY SECURITIES - Addit

OTHER EQUITY SECURITIES - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Schedule Of Other Assets [Line Items]
Capital stock par value	$ 100		$ 100
Book value of investment in FHLB stock	$ 40.9		$ 40.9		$ 40.8
Dividend income from FHLB stock	0.5	$ 0.4	0.9	$ 0.7
Carrying value of other equity security	$ 2.2		$ 2.2		$ 2.2

LOAN PORTFOLIO - Loan Portfolio

LOAN PORTFOLIO - Loan Portfolio Held for Investment (Detail) - USD ($) $ in Thousands		Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Financial Information [Line Items]
Loans held for investment		$ 8,861,176	$ 8,886,873	$ 8,870,747
Less: allowance for loan and lease losses		(173,485)	(205,603)
Loans held for investment, net		8,687,691	8,681,270
Construction Loans [Member]
Financial Information [Line Items]
Loans held for investment		122,093	124,951
Residential Mortgage [Member]
Financial Information [Line Items]
Loans held for investment		3,282,307	3,296,031
Commercial Real Estate Portfolio Segment [Member]
Financial Information [Line Items]
Loans held for investment		1,611,730	1,568,808
Commercial Portfolio Segment [Member]
Financial Information [Line Items]
Loans held for investment		3,850,579	3,874,214
Commercial And Industrial Sector [Member]
Financial Information [Line Items]
Loans held for investment	[1]	2,116,756	2,180,455
Other Consumer Loans [Member]
Financial Information [Line Items]
Loans held for investment		1,485,645	1,483,293
Finance Leases [Member]
Financial Information [Line Items]
Loans held for investment		$ 242,645	$ 233,335
[1]	(1) As of June 30, 2017 and December 31, 2016, includes $885.1 million and $853.9 million, respectively, of commercial loans that are secured by real estate but are not dependent upon the real estate for repayment.

LOAN PORTFOLIO - Loan Portfol72

LOAN PORTFOLIO - Loan Portfolio Held for Investment (Parenthetical) (Detail) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Financial Information [Line Items]
Commercian Loans Collaterized By Real Estate	$ 885.1	$ 853.9

LOAN PORTFOLIO - Loans Held for

LOAN PORTFOLIO - Loans Held for Investment on Which Accrual of Interest Income had been Discontinued (Detail) - USD ($) $ in Thousands		Jun. 30, 2017	Dec. 31, 2016
Non-performing loans:
Total non-performing loans held for investment	[1],[2],[3]	$ 411,413	$ 560,094
Residential Mortgage [Member]
Non-performing loans:
Total non-performing loans held for investment		155,330	160,867
Commercial Mortgage [Member]
Non-performing loans:
Total non-performing loans held for investment		122,035	178,696
Commercial And Industrial [Member]
Non-performing loans:
Total non-performing loans held for investment		65,575	146,599
Consumer Auto Loans [Member]
Non-performing loans:
Total non-performing loans held for investment		12,370	14,346
Finance Leases [Member]
Non-performing loans:
Total non-performing loans held for investment		1,112	1,335
Consumer Retail Banking [Member]
Non-performing loans:
Total non-performing loans held for investment		7,600	8,399
Residential Construction [Member]
Non-performing loans:
Total non-performing loans held for investment		1,235	1,933
Commercial Construction [Member]
Non-performing loans:
Total non-performing loans held for investment		35,520	36,893
Land Construction [Member]
Non-performing loans:
Total non-performing loans held for investment		$ 10,636	$ 11,026
[1]	Amount excludes purchased-credit impaired ("PCI") loans with a carrying value of approximately $160.4 million and $165.8 million as of June 30, 2017 and December 31, 2016, respectively, primarily mortgage loans acquired from Doral Bank in the first quarter of 2015 and from Doral Financial in the 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.
[2]	As of June 30, 2017 and December 31, 2016, excludes $8.1 million of non-performing loans held for sale.
[3]	Non-performing loans exclude $384.2 million and $384.9 million of Troubled Debt Restructuring ("TDR") loans that are in compliance with modified terms and in accrual status as of June 30, 2017 and December 31, 2016, respectively.

LOAN PORTFOLIO - Loans Held f74

LOAN PORTFOLIO - Loans Held for Investment on Which Accrual of Interest Income had been Discontinued (Parenthetical) (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Accounts Notes And Loans Receivable [Line Items]
Loans held for sale	$ 37,272	$ 50,006
Non Accrual [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans held for sale	$ 8,100	$ 8,100

LOAN PORTFOLIO - Corporation's

LOAN PORTFOLIO - Corporation's Aging of Loans Held for Investment Portfolio (Detail) - USD ($) $ in Thousands	Jun. 30, 2017		Mar. 31, 2017	Dec. 31, 2016		Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	$ 696,418			$ 881,954
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount	160,368		$ 163,100	165,818		$ 169,690	$ 172,332	$ 173,913
Financing Receivable, Current	8,004,390			7,839,101
Loans held for investment	8,861,176			8,886,873		$ 8,870,747
90 days past due and still accruing	103,166	[1]		106,809	[2]
Financing Receivables 60 To 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	114,528			128,325
Financing Receivables 30 To 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	67,311			86,726
Financing Receivables Equal To Greater Than 90 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	514,579	[3]		666,903	[4]
Fha Va And Other Government Guaranteed Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	75,577	[1],[5],[6]		82,231	[2],[7],[8]
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount	0	[1],[5],[6]		0	[2],[7],[8]
Financing Receivable, Current	41,230	[1],[5],[6]		44,627	[2],[7],[8]
Loans held for investment	116,807	[1],[5],[6]		126,858	[2],[7],[8]
90 days past due and still accruing	69,580	[1],[5],[6]		77,052	[2],[7],[8]
Fha Va And Other Government Guaranteed Loans [Member] | Financing Receivables 60 To 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	5,997	[1],[5],[6]		5,179	[2],[7],[8]
Fha Va And Other Government Guaranteed Loans [Member] | Financing Receivables 30 To 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	0	[1],[5],[6]		0	[2],[7],[8]
Fha Va And Other Government Guaranteed Loans [Member] | Financing Receivables Equal To Greater Than 90 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	69,580	[1],[3],[5],[6]		77,052	[2],[4],[7],[8]
Residential Mortgage [Member]
Accounts Notes And Loans Receivable [Line Items]
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount	156,202	[5]		162,676	[7]
Loans held for investment	3,282,307			3,296,031
Commercial And Industrial [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	74,191			169,886
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount	0			0
Financing Receivable, Current	2,042,565			2,010,569
Loans held for investment	2,116,756			2,180,455
90 days past due and still accruing	5,713	[1]		5,368	[2]
Commercial And Industrial [Member] | Financing Receivables 60 To 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	163			3,724
Commercial And Industrial [Member] | Financing Receivables 30 To 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	2,740			14,195
Commercial And Industrial [Member] | Financing Receivables Equal To Greater Than 90 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	71,288	[3]		151,967	[4]
Commercial Mortgage Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	130,738	[5]		186,511	[7]
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount	4,166	[5]		3,142	[7]
Financing Receivable, Current	1,476,826	[5]		1,379,155	[7]
Loans held for investment	1,611,730	[5]		1,568,808	[7]
90 days past due and still accruing	5,912	[1],[5]		3,281	[2],[7]
Commercial Mortgage Loans [Member] | Financing Receivables 60 To 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	2,791	[5]		4,534	[7]
Commercial Mortgage Loans [Member] | Financing Receivables 30 To 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	0	[5]		0	[7]
Commercial Mortgage Loans [Member] | Financing Receivables Equal To Greater Than 90 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	127,947	[3],[5]		181,977	[4],[7]
Construction Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans held for investment	122,093			124,951
Auto loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	72,518			85,011
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount	0			0
Financing Receivable, Current	774,292			762,947
Loans held for investment	846,810			847,958
90 days past due and still accruing	0	[1]		0	[2]
Auto loans [Member] | Financing Receivables 60 To 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	10,900			13,523
Auto loans [Member] | Financing Receivables 30 To 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	49,248			57,142
Auto loans [Member] | Financing Receivables Equal To Greater Than 90 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	12,370	[3]		14,346	[4]
Finance Leases [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	10,695			10,720
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount	0			0
Financing Receivable, Current	231,950			222,615
Loans held for investment	242,645			233,335
90 days past due and still accruing	0	[1]		0	[2]
Finance Leases [Member] | Financing Receivables 60 To 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	1,743			1,671
Finance Leases [Member] | Financing Receivables 30 To 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	7,840			7,714
Finance Leases [Member] | Financing Receivables Equal To Greater Than 90 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	1,112	[3]		1,335	[4]
Consumer Loan [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	24,601			25,257
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount	0			0
Financing Receivable, Current	614,234			610,078
Loans held for investment	638,835			635,335
90 days past due and still accruing	3,793	[1]		3,929	[2]
Consumer Loan [Member] | Financing Receivables 60 To 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	5,725			5,254
Consumer Loan [Member] | Financing Receivables 30 To 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	7,483			7,675
Consumer Loan [Member] | Financing Receivables Equal To Greater Than 90 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	11,393	[3]		12,328	[4]
Commercial Construction [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	35,520	[5]		36,893
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount	0	[5]		0	[7]
Financing Receivable, Current	46,851	[5]		40,582
Loans held for investment	82,371	[5]		77,475
90 days past due and still accruing	0	[1],[5]		0	[2]
Commercial Construction [Member] | Financing Receivables 60 To 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	0	[5]		0
Commercial Construction [Member] | Financing Receivables 30 To 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	0	[5]		0
Commercial Construction [Member] | Financing Receivables Equal To Greater Than 90 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	35,520	[3],[5]		36,893	[4]
Residential Construction [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	1,235	[5]		1,933	[7]
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount	0	[5]		0	[7]
Financing Receivable, Current	7,962	[5]		13,777	[7]
Loans held for investment	9,197	[5]		15,710	[7]
90 days past due and still accruing	0	[1],[5]		0	[2],[7]
Residential Construction [Member] | Financing Receivables 60 To 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	0	[5]		0	[7]
Residential Construction [Member] | Financing Receivables 30 To 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	0	[5]		0	[7]
Residential Construction [Member] | Financing Receivables Equal To Greater Than 90 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	1,235	[3],[5]		1,933	[4],[7]
Land Construction [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	11,266	[5]		11,940	[7]
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount	0			0	[7]
Financing Receivable, Current	19,259	[5]		19,826	[7]
Loans held for investment	30,525	[5]		31,766	[7]
90 days past due and still accruing	407	[1],[5]		478	[2],[7]
Land Construction [Member] | Financing Receivables 60 To 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	223	[5]		436	[7]
Land Construction [Member] | Financing Receivables 30 To 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	0	[5]		0	[7]
Land Construction [Member] | Financing Receivables Equal To Greater Than 90 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	11,043	[3],[5]		11,504	[4],[7]
Other Residential Mortgage Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	260,077	[5]		271,572
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount	156,202	[5]		162,676	[7]
Financing Receivable, Current	2,749,221	[5]		2,734,925
Loans held for investment	3,165,500	[5]		3,169,173
90 days past due and still accruing	17,761	[5]		16,701
Other Residential Mortgage Loans [Member] | Financing Receivables 60 To 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	86,986	[5]		94,004
Other Residential Mortgage Loans [Member] | Financing Receivables 30 To 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	0	[5]		0
Other Residential Mortgage Loans [Member] | Financing Receivables Equal To Greater Than 90 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	$ 173,091	[3],[5]		$ 177,568
[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 $29.2 million of residential mortgage loans insured by the FHA or guaranteed by the VA that are over 15 months delinquent, and are no longer accruing interest as of June 30, 2017.
[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 $29.3 million of residential mortgage loans insured by the FHA or guaranteed by the VA that are over 15 months delinquent, and are no longer accruing interest as of December 31, 2016.
[3]	Includes non-performing loans and accruing loans that 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.
[4]	Includes non-performing loans and accruing loans that 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.
[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, and land loans past due 30-59 days as of June 30, 2017 amounted to $6.1 million, $122.2 million, $16.5 million and $0.3 million, respectively.
[6]	As of June 30, 2017, includes $40.4 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]	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, 2016 amounted to $9.9 million, $142.8 million, $4.6 million, $0.7 million and $0.4 million, respectively.
[8]	As of December 31, 2016, includes $43.7 million of defaulted loans collateralizing GNMA securities for which the Corporation has an unconditional option (but not an obligation) to repurchase the defaulted loans.

LOAN PORTFOLIO - Corporation'76

LOAN PORTFOLIO - Corporation's Aging of Loans Held for Investment Portfolio (Parenthetical) (Detail) $ in Millions	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2017USD ($)numberofpayments	Jun. 30, 2017USD ($)	Dec. 31, 2016USD ($)
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		2 months 29 days	2 months 29 days
Period during which credit card loans continue to accrue finance charges and fees		5 months 27 days	5 months 27 days
Defaulted loans collateralizing Ginnie Mae (GNMA) securities	$ 40.4	$ 40.4	$ 43.7
Minimum Number of Payments in Arrears to Consider Commercial Mortgage and Construction Loan as Past Due | numberofpayments	2
Residential mortgage loans insured by FHA or guaranteed by the VA	$ 29.2	$ 29.2	$ 29.3
Period of residential mortgage loan that are no longer accruing interest	1 year 3 months	1 year 3 months	1 year 3 months
Fha Va And Other Government Guaranteed Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days past due Mortgages	$ 6.1	$ 6.1	$ 9.9
Commercial Mortgage Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days past due Mortgages	16.5	16.5	4.6
Residential Construction [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days past due Mortgages			0.4
Land Construction [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days past due Mortgages	0.3	0.3	0.7
Other Residential Mortgage Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
30-59 Days past due Mortgages	$ 122.2	$ 122.2	$ 142.8

LOAN PORTFOLIO - Corporation'77

LOAN PORTFOLIO - Corporation's Credit Quality Indicators by Loan (Detail) - USD ($) $ in Thousands		Jun. 30, 2017	Dec. 31, 2016
Financing Receivable Recorded Investment [Line Items]
Commercial mortgage loans		$ 1,611,730	$ 1,568,808
Commercial and Industrial loans		2,116,756	2,180,455
Land		30,525	31,766
Residential Construction [Member]
Financing Receivable Recorded Investment [Line Items]
Construction loans		9,197	15,710
Commercial Construction [Member]
Financing Receivable Recorded Investment [Line Items]
Construction loans		82,371	77,475
Substandard [Member]
Financing Receivable Recorded Investment [Line Items]
Commercial mortgage loans		155,429	193,391
Commercial and Industrial loans		139,501	133,599
Land		18,942	19,345
Substandard [Member] | Residential Construction [Member]
Financing Receivable Recorded Investment [Line Items]
Construction loans		1,236	1,933
Substandard [Member] | Commercial Construction [Member]
Financing Receivable Recorded Investment [Line Items]
Construction loans		35,520	36,893
Doubtful [Member]
Financing Receivable Recorded Investment [Line Items]
Commercial mortgage loans		13,716	35,416
Commercial and Industrial loans		3,045	67,996
Land		0	0
Doubtful [Member] | Residential Construction [Member]
Financing Receivable Recorded Investment [Line Items]
Construction loans		0	0
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		166	784
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	[1]	169,145	228,807
Commercial and Industrial loans	[1]	142,712	202,379
Land	[1]	18,942	19,345
Total Adversely Classified [Member] | Residential Construction [Member]
Financing Receivable Recorded Investment [Line Items]
Construction loans	[1]	1,236	1,933
Total Adversely Classified [Member] | Commercial Construction [Member]
Financing Receivable Recorded Investment [Line Items]
Construction loans	[1]	$ 35,520	$ 36,893
[1]	Excludes $8.1 million as of June 30, 2017 and December 31, 2016, of construction-land non-performing loans held for sale.

LOAN PORTFOLIO - Credit Risk Pa

LOAN PORTFOLIO - Credit Risk Payment Activity (Detail) - USD ($) $ in Thousands	Jun. 30, 2017		Dec. 31, 2016		Jun. 30, 2016
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	$ 8,861,176		$ 8,886,873		$ 8,870,747
Other Residential Mortgage Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	3,165,500	[1]	3,169,173
Auto loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	846,810		847,958
Finance Leases [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	242,645		233,335
Other Consumer Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	1,485,645		1,483,293
Residential Real Estate [Member] | Fhava Guaranteed Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	116,807	[2]	126,858	[3]
Residential Real Estate [Member] | Other Residential Mortgage Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	3,165,500		3,169,173
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	116,807	[2]	126,858	[3]
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	2,853,968		2,845,630
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	[2],[4]	0	[3],[5]
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	156,202	[4]	162,676	[5]
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	[2]	0	[3]
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	155,330		160,867
Consumer [Member] | Auto loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	846,810		847,958
Consumer [Member] | Finance Leases [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	242,645		233,335
Consumer [Member] | Other Consumer Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	638,835		635,335
Consumer [Member] | Performing Financing Receivable [Member] | Auto loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	834,440		833,612
Consumer [Member] | Performing Financing Receivable [Member] | Finance Leases [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	241,533		232,000
Consumer [Member] | Performing Financing Receivable [Member] | Other Consumer Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	631,235		626,936
Consumer [Member] | Purchased Credit Impaired [Member] | Auto loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	0	[4]	0	[5]
Consumer [Member] | Purchased Credit Impaired [Member] | Finance Leases [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	0	[4]	0	[5]
Consumer [Member] | Purchased Credit Impaired [Member] | Other Consumer Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	0	[4]	0	[5]
Consumer [Member] | Nonperforming Financing Receivable [Member] | Auto loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	12,370		14,346
Consumer [Member] | Nonperforming Financing Receivable [Member] | Finance Leases [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	1,112		1,335
Consumer [Member] | Nonperforming Financing Receivable [Member] | Other Consumer Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans And Leases Receivable Gross Carrying Amount	$ 7,600		$ 8,399
[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, and land loans past due 30-59 days as of June 30, 2017 amounted to $6.1 million, $122.2 million, $16.5 million and $0.3 million, respectively.
[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. This balance includes $29.2 million of residential mortgage loans insured by the FHA or guaranteed by the VA that are over 15 months delinquent, and are no longer accruing interest as of June 30, 2017.
[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. This balance includes $29.3 million of residential mortgage loans insured by the FHA or guaranteed by the VA that are over 15 months delinquent, and are no longer accruing interest as of December 31, 2016.
[4]	PCI loans are excluded from non-performing statistics due to the application of the accretion method, under which these loans will accrete interest income over the remaining life of the loans using estimated cash flow analysis.
[5]	PCI loans are excluded from non-performing statistics due to the application of the accretion method, under which these loans will accrete interest income over the remaining life of the loans using estimated cash flow analysis.

LOAN PORTFOLIO - Credit Risk 79

LOAN PORTFOLIO - Credit Risk Payment Activity (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable Recorded Investment [Line Items]
Residential mortgage loans insured by FHA or guaranteed by the VA	$ 29,200	$ 29,200	$ 29,300
Period of residential mortgage loan that are no longer accruing interest	1 year 3 months	1 year 3 months	1 year 3 months
Loans considered to be defaulted if borrower has failed to make payment for a period or more than the period		2 months 29 days	2 months 29 days
Loans held for sale	$ 37,272	$ 37,272	$ 50,006
Non Accrual [Member]
Financing Receivable Recorded Investment [Line Items]
Loans held for sale	$ 8,100	$ 8,100	$ 8,100

LOAN PORTFOLIO - Impaired loans

LOAN PORTFOLIO - Impaired loans (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	$ 103,232		$ 103,232		$ 161,617
Unpaid Principal Balance with no Related Allowance	130,572		130,572		207,262
Average Recorded Investment No Related Allowance			110,756		175,499
Interest Income with no Related Allowance Accrual Basis	394		744
Interest Income with No Related Allowance Cash Basis	219		426
Recorded Investment with Related Allowance	632,393		632,393		726,288
Unpaid Principal Balance with Related Allowance	765,183		765,183		821,683
Related Allowance	40,794	$ 86,372	40,794	$ 86,372	64,421	$ 66,311	$ 81,495	$ 52,581
Average Recorded Investment With Related Allowance			663,048		748,842
Interest Income with Related Allowance Accrual Basis	5,857		11,703
Interest Income with Realted Allowance Cash Basis	316		732
Recorded Investment	735,625	953,774	735,625	953,774	887,905	$ 807,198	$ 917,591	$ 806,509
Unpaid Principal Balance	895,755		895,755		1,028,945
Average Recorded Investments			773,804		924,341
Interest Income on Impaired Loans Accrual Basis	6,251	6,800	12,447	13,200
Interest Income on Impaired Loans Cash Basis	535	600	1,158	1,500
Fhava Guaranteed Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	0		0		0
Unpaid Principal Balance with no Related Allowance	0		0		0
Average Recorded Investment No Related Allowance			0		0
Interest Income with no Related Allowance Accrual Basis	0		0
Interest Income with No Related Allowance Cash Basis	0		0
Recorded Investment with Related Allowance	0		0		0
Unpaid Principal Balance with Related Allowance	0		0		0
Related Allowance	0		0		0
Average Recorded Investment With Related Allowance			0		0
Interest Income with Related Allowance Accrual Basis	0		0
Interest Income with Realted Allowance Cash Basis	0		0
Recorded Investment	0		0		0
Unpaid Principal Balance	0		0		0
Average Recorded Investments			0		0
Interest Income on Impaired Loans Accrual Basis	0		0
Interest Income on Impaired Loans Cash Basis	0		0
Other Residential Mortgage Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	67,726		67,726		67,996
Unpaid Principal Balance with no Related Allowance	86,962		86,962		82,602
Average Recorded Investment No Related Allowance			69,236		71,003
Interest Income with no Related Allowance Accrual Basis	124		211
Interest Income with No Related Allowance Cash Basis	140		250
Recorded Investment with Related Allowance	360,985		360,985		374,271
Unpaid Principal Balance with Related Allowance	404,824		404,824		423,648
Related Allowance	13,786		13,786		8,633
Average Recorded Investment With Related Allowance			363,518		380,273
Interest Income with Related Allowance Accrual Basis	4,430		8,894
Interest Income with Realted Allowance Cash Basis	245		599
Recorded Investment	428,711		428,711		442,267
Unpaid Principal Balance	491,786		491,786		506,250
Average Recorded Investments			432,754		451,276
Interest Income on Impaired Loans Accrual Basis	4,554		9,105
Interest Income on Impaired Loans Cash Basis	385		849
Commercial Mortgage Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	25,449		25,449		72,620
Unpaid Principal Balance with no Related Allowance	29,883		29,883		91,685
Average Recorded Investment No Related Allowance			25,679		80,713
Interest Income with no Related Allowance Accrual Basis	195		389
Interest Income with No Related Allowance Cash Basis	56		132
Recorded Investment with Related Allowance	115,172		115,172		121,771
Unpaid Principal Balance with Related Allowance	173,665		173,665		133,883
Related Allowance	8,330		8,330		26,172
Average Recorded Investment With Related Allowance			136,370		122,609
Interest Income with Related Allowance Accrual Basis	246		492
Interest Income with Realted Allowance Cash Basis	26		47
Recorded Investment	140,621		140,621		194,391
Unpaid Principal Balance	203,548		203,548		225,568
Average Recorded Investments			162,049		203,322
Interest Income on Impaired Loans Accrual Basis	441		881
Interest Income on Impaired Loans Cash Basis	82		179
Commercial And Industrial Loan [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	8,343		8,343		14,656
Unpaid Principal Balance with no Related Allowance	10,841		10,841		24,642
Average Recorded Investment No Related Allowance			13,098		17,209
Interest Income with no Related Allowance Accrual Basis	72		135
Interest Income with No Related Allowance Cash Basis	0		0
Recorded Investment with Related Allowance	66,559		66,559		138,887
Unpaid Principal Balance with Related Allowance	87,907		87,907		165,399
Related Allowance	10,788		10,788		22,638
Average Recorded Investment With Related Allowance			70,293		149,153
Interest Income with Related Allowance Accrual Basis	181		360
Interest Income with Realted Allowance Cash Basis	20		37
Recorded Investment	74,902		74,902		153,543
Unpaid Principal Balance	98,748		98,748		190,041
Average Recorded Investments			83,391		166,362
Interest Income on Impaired Loans Accrual Basis	253		495
Interest Income on Impaired Loans Cash Basis	20		37
Construction Loans [Member]
Financing Receivable Impaired [Line Items]
Related Allowance	2,374	1,114	2,374	1,114
Recorded Investment	50,557	$ 49,216	50,557	$ 49,216
Consumer Auto Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	311		311		599
Unpaid Principal Balance with no Related Allowance	311		311		599
Average Recorded Investment No Related Allowance			1,230		615
Interest Income with no Related Allowance Accrual Basis	1		1
Interest Income with No Related Allowance Cash Basis	0		0
Recorded Investment with Related Allowance	23,683		23,683		24,276
Unpaid Principal Balance with Related Allowance	23,683		23,683		24,276
Related Allowance	3,736		3,736		3,717
Average Recorded Investment With Related Allowance			25,116		26,562
Interest Income with Related Allowance Accrual Basis	477		930
Interest Income with Realted Allowance Cash Basis	0		0
Recorded Investment	23,994		23,994		24,875
Unpaid Principal Balance	23,994		23,994		24,875
Average Recorded Investments			26,346		27,177
Interest Income on Impaired Loans Accrual Basis	478		931
Interest Income on Impaired Loans Cash Basis	0		0
Finance Leases [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	0		0		94
Unpaid Principal Balance with no Related Allowance	0		0		94
Average Recorded Investment No Related Allowance			0		95
Interest Income with no Related Allowance Accrual Basis	0		0
Interest Income with No Related Allowance Cash Basis	0		0
Recorded Investment with Related Allowance	2,492		2,492		2,553
Unpaid Principal Balance with Related Allowance	2,492		2,492		2,553
Related Allowance	69		69		71
Average Recorded Investment With Related Allowance			2,705		2,751
Interest Income with Related Allowance Accrual Basis	48		100
Interest Income with Realted Allowance Cash Basis	0		0
Recorded Investment	2,492		2,492		2,647
Unpaid Principal Balance	2,492		2,492		2,647
Average Recorded Investments			2,705		2,846
Interest Income on Impaired Loans Accrual Basis	48		100
Interest Income on Impaired Loans Cash Basis	0		0
Other Consumer Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	1,403		1,403		4,516
Unpaid Principal Balance with no Related Allowance	2,575		2,575		5,876
Average Recorded Investment No Related Allowance			1,513		4,696
Interest Income with no Related Allowance Accrual Basis	2		8
Interest Income with No Related Allowance Cash Basis	23		44
Recorded Investment with Related Allowance	12,945		12,945		12,375
Unpaid Principal Balance with Related Allowance	13,513		13,513		12,734
Related Allowance	1,711		1,711		1,785
Average Recorded Investment With Related Allowance			13,512		13,322
Interest Income with Related Allowance Accrual Basis	358		693
Interest Income with Realted Allowance Cash Basis	12		24
Recorded Investment	14,348		14,348		16,891
Unpaid Principal Balance	16,088		16,088		18,610
Average Recorded Investments			15,025		18,018
Interest Income on Impaired Loans Accrual Basis	360		701
Interest Income on Impaired Loans Cash Basis	35		68
Commercial Construction [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	0		0		0
Unpaid Principal Balance with no Related Allowance	0		0		0
Average Recorded Investment No Related Allowance			0		0
Interest Income with no Related Allowance Accrual Basis	0		0
Interest Income with No Related Allowance Cash Basis	0		0
Recorded Investment with Related Allowance	35,520		35,520		36,893
Unpaid Principal Balance with Related Allowance	38,595		38,595		38,721
Related Allowance	1,457		1,457		324
Average Recorded Investment With Related Allowance			36,295		38,191
Interest Income with Related Allowance Accrual Basis	0		0
Interest Income with Realted Allowance Cash Basis	0		0
Recorded Investment	35,520		35,520		36,893
Unpaid Principal Balance	38,595		38,595		38,721
Average Recorded Investments			36,295		38,191
Interest Income on Impaired Loans Accrual Basis	0		0
Interest Income on Impaired Loans Cash Basis	0		0
Residential Construction [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	0		0		956
Unpaid Principal Balance with no Related Allowance	0		0		1,531
Average Recorded Investment No Related Allowance			0		956
Interest Income with no Related Allowance Accrual Basis	0		0
Interest Income with No Related Allowance Cash Basis	0		0
Recorded Investment with Related Allowance	387		387		392
Unpaid Principal Balance with Related Allowance	551		551		551
Related Allowance	82		82		134
Average Recorded Investment With Related Allowance			390		392
Interest Income with Related Allowance Accrual Basis	0		0
Interest Income with Realted Allowance Cash Basis	0		0
Recorded Investment	387		387		1,348
Unpaid Principal Balance	551		551		2,082
Average Recorded Investments			390		1,348
Interest Income on Impaired Loans Accrual Basis	0		0
Interest Income on Impaired Loans Cash Basis	0		0
Land Construction [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment with no Related Allowance	0		0		180
Unpaid Principal Balance with no Related Allowance	0		0		233
Average Recorded Investment No Related Allowance			0		212
Interest Income with no Related Allowance Accrual Basis	0		0
Interest Income with No Related Allowance Cash Basis	0		0
Recorded Investment with Related Allowance	14,650		14,650		14,870
Unpaid Principal Balance with Related Allowance	19,953		19,953		19,918
Related Allowance	835		835		947
Average Recorded Investment With Related Allowance			14,849		15,589
Interest Income with Related Allowance Accrual Basis	117		234
Interest Income with Realted Allowance Cash Basis	13		25
Recorded Investment	14,650		14,650		15,050
Unpaid Principal Balance	19,953		19,953		20,151
Average Recorded Investments			14,849		$ 15,801
Interest Income on Impaired Loans Accrual Basis	117		234
Interest Income on Impaired Loans Cash Basis	$ 13		$ 25

LOAN PORTFOLIO - Additional Inf

LOAN PORTFOLIO - Additional Information (Detail) - USD ($)	3 Months Ended				6 Months Ended			15 Months Ended
	Jun. 30, 2017		Mar. 31, 2017	Jun. 30, 2016	Jun. 30, 2017		Jun. 30, 2016	Jun. 29, 2017	Dec. 31, 2016		Mar. 31, 2016	Dec. 31, 2015	Jun. 30, 2015
Accounts Notes And Loans Receivable [Line Items]
Interest Income Impaired Loans				$ 7,400,000			$ 14,700,000
Interest Income on Impaired Loans Accrual Basis	$ 6,251,000			6,800,000	$ 12,447,000		13,200,000
Contractually outstanding principal and interest at acquisition	200,100,000				200,100,000				$ 207,300,000
Financing Receivable Significant Purchases					32,400,000
Securitization of mortgage loans into mortgage backed securities					131,800,000
Total gross loans held for investment portfolio	8,861,176,000			8,870,747,000	8,861,176,000		8,870,747,000		8,886,873,000
Total TDR loans	568,543,000		$ 602,364,000	670,991,000	568,543,000		670,991,000		647,048,000		$ 659,104,000	$ 661,591,000
Outstanding unfunded commitments on TDR loans	4,600,000				4,600,000
Provsion of PCI Loans	2,589,000			2,289,000	2,589,000		2,895,000
Loans held for sale	37,272,000				37,272,000				50,006,000
Proceeds From Sale Of Loans Held For Investment					53,245,000		0
Government Guaranteed Residential Mortgage Loans Indirect Exposure	117,400,000				117,400,000
Puerto Rico Housing Finance Authority Restricted Net Position													$ 77,400,000
Puerto Rico Housing Finance Authority Covered Loans													$ 552,000,000
Threshold Mortgage Loans Principal Amount Puerto Rico Housing Financing Authority	75,000,000				75,000,000
Interest Paid					44,613,000		77,960,000
Financing Receivable Allowance For Credit Losses Write Offs Impaired Loans	43,083,000			11,249,000	60,487,000	[1]	19,601,000
Impaired Financing Receivable Related Allowance	40,794,000		66,311,000	86,372,000	40,794,000		86,372,000		64,421,000		$ 81,495,000	$ 52,581,000
Mortgage Loans In Process Of Foreclosure Amount	155,500,000				$ 155,500,000
Mortgage Loans Foreclosure Delinquency Threshold					3 months 28 days
Provision For Loan Lease And Other Losses	18,096,000			20,986,000	$ 43,538,000		42,039,000
Financing Receivable Allowance For Credit Losses Write Offs	55,488,000			28,366,000	88,382,000		54,901,000
Puerto Rico Electric PowerAuthority [Member]
Accounts Notes And Loans Receivable [Line Items]
Classified and non-performing loans sold			64,000,000
Reserves allocated to bulk sale			10,200,000
Incremental losses			600,000
Proceeds From Sale Of NonPerforming Assets Sold			53,200,000
Classified And NonPerforming Loans Sold Outstanding Balance			$ 75,000,000
GNMA
Accounts Notes And Loans Receivable [Line Items]
Loans repurchased					17,500,000		14,600,000
FNMA and FHLMC
Accounts Notes And Loans Receivable [Line Items]
Loans repurchased					16,000		700,000
Residential Mortgage [Member]
Accounts Notes And Loans Receivable [Line Items]
Total gross loans held for investment portfolio	3,282,307,000			3,323,844,000	3,282,307,000		3,323,844,000
Impaired Financing Receivable Related Allowance	13,786,000			11,972,000	13,786,000		11,972,000
Provision For Loan Lease And Other Losses	10,888,000			11,098,000	20,159,000		17,036,000
Financing Receivable Allowance For Credit Losses Write Offs	6,967,000			11,532,000	15,192,000		18,838,000
Government Guaranteed Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Financing Receivable Significant Sales					52,800,000
Total TDR loans	64,200,000				64,200,000				69,100,000
Mortgage Loans In Process Of Foreclosure Amount	23,200,000				23,200,000
Loans in trial [Member]
Accounts Notes And Loans Receivable [Line Items]
Total TDR loans	2,800,000				2,800,000
Non Accrual [Member]
Accounts Notes And Loans Receivable [Line Items]
Total TDR loans	184,371,000	[2]			184,371,000	[2]			262,161,000	[3]
Troubled Debt Restructurings [Member]
Accounts Notes And Loans Receivable [Line Items]
Allowance For Loan And Lease Losses Write Offs Net Loans Sold				10,700,000
Loans Split [Member]
Accounts Notes And Loans Receivable [Line Items]
Total TDR loans	36,141,000			38,259,000	36,141,000		38,259,000
Financing receivable loans restructured recorded investment accruals	3,100,000
Non Fha Va Residential Mortgage Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Total TDR loans	368,505,000				368,505,000				375,809,000
Commercial And Industrial Loan [Member]
Accounts Notes And Loans Receivable [Line Items]
Interest Income on Impaired Loans Accrual Basis	253,000				495,000
Total TDR loans	65,886,000				65,886,000				133,521,000
Payments To Acquire Loans Held For Investment					15,300,000
Impaired Financing Receivable Related Allowance	10,788,000				10,788,000				22,638,000
Participating Loans Outstanding Balance	6,500,000				6,500,000
Commercial Mortgage Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Interest Income on Impaired Loans Accrual Basis	441,000				881,000
Total TDR loans	50,065,000				50,065,000				48,742,000
Impaired Financing Receivable Related Allowance	8,330,000				8,330,000				26,172,000
Construction Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Total gross loans held for investment portfolio	122,093,000			137,406,000	122,093,000		137,406,000
Total TDR loans	45,000,000				45,000,000
Impaired Financing Receivable Related Allowance	2,374,000			1,114,000	2,374,000		1,114,000
Provision For Loan Lease And Other Losses	312,000			103,000	1,254,000		(329,000)
Financing Receivable Allowance For Credit Losses Write Offs	595,000			513,000	658,000		604,000
Consumer Loan [Member]
Accounts Notes And Loans Receivable [Line Items]
Total gross loans held for investment portfolio	1,728,290,000			1,752,198,000	1,728,290,000		1,752,198,000
Total TDR loans	39,000,000				39,000,000
Impaired Financing Receivable Related Allowance	5,516,000			5,465,000	5,516,000		5,465,000
Provision For Loan Lease And Other Losses	8,505,000			7,397,000	16,001,000		16,073,000
Financing Receivable Allowance For Credit Losses Write Offs	11,053,000			$ 12,970,000	22,245,000		$ 27,774,000
Commercial Construction [Member]
Accounts Notes And Loans Receivable [Line Items]
Interest Income on Impaired Loans Accrual Basis	0				0
Total TDR loans	35,520,000				35,520,000				36,893,000
Impaired Financing Receivable Related Allowance	1,457,000				1,457,000				324,000
Residential Construction [Member]
Accounts Notes And Loans Receivable [Line Items]
Interest Income on Impaired Loans Accrual Basis	0				0
Total TDR loans	352,000				352,000				357,000
Impaired Financing Receivable Related Allowance	82,000				82,000				134,000
Land Construction [Member]
Accounts Notes And Loans Receivable [Line Items]
Interest Income on Impaired Loans Accrual Basis	117,000				234,000
Total TDR loans	9,181,000				9,181,000				9,362,000
Impaired Financing Receivable Related Allowance	835,000				$ 835,000				947,000
P R
Accounts Notes And Loans Receivable [Line Items]
Credit risk concentration					76.00%
Outstanding of credit facilities granted	57,400,000				$ 57,400,000				133,600,000
P R | Puerto Rico Government and Political Subdivisions [Member]
Accounts Notes And Loans Receivable [Line Items]
Outstanding of credit facilities granted	34,800,000				34,800,000
P R | Public Corporations [Member]
Accounts Notes And Loans Receivable [Line Items]
Outstanding of credit facilities granted	15,800,000				15,800,000
P R | Government [Member]
Accounts Notes And Loans Receivable [Line Items]
Outstanding of credit facilities granted	6,800,000				6,800,000
P R | Puerto Rico Tourism Development Fund [Member]
Accounts Notes And Loans Receivable [Line Items]
Outstanding of credit facilities granted	127,600,000				127,600,000				127,700,000
Financing Receivable Commercial Governments Book Value	$ 80,500,000				$ 80,500,000				111,800,000
Proceeds From Interest Received								$ 3,400,000
Unpaid Principal Balance Percentage	56.00%				56.00%
Financing Receivable Allowance For Credit Losses Write Offs	$ 29,700,000
V I
Accounts Notes And Loans Receivable [Line Items]
Credit risk concentration					7.00%
Outstanding of credit facilities granted	85,200,000				$ 85,200,000				$ 84,700,000
V I | Public Corporations [Member]
Accounts Notes And Loans Receivable [Line Items]
Outstanding of credit facilities granted	62,000,000				62,000,000
V I | Government [Member]
Accounts Notes And Loans Receivable [Line Items]
Outstanding of credit facilities granted	23,200,000				$ 23,200,000
U S
Accounts Notes And Loans Receivable [Line Items]
Credit risk concentration					17.00%
Credit Impaired Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Mortgage Loans In Process Of Foreclosure Amount	$ 19,900,000				$ 19,900,000
Impaired Financing Receivable [Member]
Accounts Notes And Loans Receivable [Line Items]
Allowance For Loan And Lease Losses Write Offs Net Loans Sold					$ 10,700,000
[1]	For the six-month period ended June 30, 2017, includes a charge-off of $10.7 million related to the sale of the PREPA credit line as further discussed below.
[2]	Included in non-accrual loans are $47.2 million in loans that are performing under the terms of the restructuring agreement but are reported in nonaccrual status until the restructured loans meet the criteria of sustained payment performance under the revised terms for reinstatement to accrual status and are deemed fully collectible.
[3]	Included in non-accrual loans are $110.6 million in loans that are performing under the terms of the 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 are deemed fully collectible.

LOAN PORTFOLIO - Activity for I

LOAN PORTFOLIO - Activity for Impaired Loans (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017		Jun. 30, 2016
Impaired Loans:
Balance at beginning of period	$ 807,198	$ 917,591	$ 887,905		$ 806,509
Loans determined impaired during the period	18,976	76,947	38,604		234,931
Charge-offs	(43,083)	(11,249)	(60,487)	[1]	(19,601)
Loans sold, net charge-offs	0	0	(53,245)		0
Increases to impaired loans (disbursements)	698	414	1,239		1,761
Foreclosures	(21,233)	(9,189)	(30,690)		(16,610)
Loans no longer considered impaired	(1,890)	(4,547)	(2,782)		(24,886)
Paid in full or partial payments	(25,041)	(16,193)	(44,919)		(28,330)
Transfer Of Impaired Loans Held For Sale To Portfolio Loans			0
Balance at end of period	$ 735,625	$ 953,774	$ 735,625		$ 953,774
[1]	For the six-month period ended June 30, 2017, includes a charge-off of $10.7 million related to the sale of the PREPA credit line as further discussed below.

LOAN PORTFOLIO - Activity for S

LOAN PORTFOLIO - Activity for Specific Reserve (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Specific Reserve:
Balance at beginning of period	$ 66,311	$ 81,495	$ 64,421	$ 52,581
Provision for loan losses	17,563	16,126	36,195	53,392
Financing Receivable Allowance For Credit Losses Net Write Offs Impaired Loans	(43,080)	(11,249)	(59,822)	(19,601)
Balance at end of period	$ 40,794	$ 86,372	$ 40,794	$ 86,372

LOAN PORTFOLIO- Carrying Value

LOAN PORTFOLIO- Carrying Value of Purchased Credit Impaired Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2017		Mar. 31, 2017	Dec. 31, 2016		Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable Impaired [Line Items]
Purchased Credit Impaired Loans	$ 160,368		$ 163,100	$ 165,818		$ 169,690	$ 172,332	$ 173,913
Allowance for loan losses Purchased Credit Impaired	(9,446)		$ (6,857)	(6,857)		(6,857)	$ (4,568)	$ (3,962)
Purchased Credit Impaired Loans, Net	150,922			158,961		$ 162,833
Residential Mortgage Loans [Member]
Financing Receivable Impaired [Line Items]
Purchased Credit Impaired Loans	156,202	[1]		162,676	[2]
Commercial Mortgage Loans [Member]
Financing Receivable Impaired [Line Items]
Purchased Credit Impaired Loans	$ 4,166	[1]		$ 3,142	[2]
[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, and land loans past due 30-59 days as of June 30, 2017 amounted to $6.1 million, $122.2 million, $16.5 million and $0.3 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, 2016 amounted to $9.9 million, $142.8 million, $4.6 million, $0.7 million and $0.4 million, respectively.

LOAN PORTFOLIO- Corporation's A

LOAN PORTFOLIO- Corporation's Aging of Purchased Credit Impaired Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2017		Dec. 31, 2016		Jun. 30, 2016
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	$ 696,418		$ 881,954
Financing Receivable, Current	8,004,390		7,839,101
Loans held for investment	8,861,176		8,886,873		$ 8,870,747
90 days past due and still accruing	103,166	[1]	106,809	[2]
Financing Receivables 60 To 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	114,528		128,325
Financing Receivables 30 To 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	67,311		86,726
Financing Receivables Equal To Greater Than 90 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	514,579	[3]	666,903	[4]
Purchased Credit Impaired Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	39,928	[5]	41,246
Financing Receivable, Current	120,440	[5]	124,572
Loans held for investment	160,368	[5]	165,818
Purchased Credit Impaired Loans [Member] | Financing Receivables 60 To 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	11,848	[5]	12,247
Purchased Credit Impaired Loans [Member] | Financing Receivables 30 To 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	0		0
Purchased Credit Impaired Loans [Member] | Financing Receivables Equal To Greater Than 90 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	28,080	[5]	28,999
Residential Mortgage [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans held for investment	3,282,307		3,296,031
Residential Mortgage [Member] | Purchased Credit Impaired Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	38,701	[5]	39,741	[6]
Financing Receivable, Current	117,501	[5]	122,935	[6]
Loans held for investment	156,202	[5]	162,676	[6]
30-59 Days past due Mortgages	17,700		22,300
Residential Mortgage [Member] | Purchased Credit Impaired Loans [Member] | Financing Receivables 60 To 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	11,733	[5]	11,892	[6]
Residential Mortgage [Member] | Purchased Credit Impaired Loans [Member] | Financing Receivables 30 To 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	0	[5]	0	[6]
Residential Mortgage [Member] | Purchased Credit Impaired Loans [Member] | Financing Receivables Equal To Greater Than 90 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	26,968	[5]	27,849	[6]
Commercial Mortgage Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	130,738	[7]	186,511	[8]
Financing Receivable, Current	1,476,826	[7]	1,379,155	[8]
Loans held for investment	1,611,730	[7]	1,568,808	[8]
90 days past due and still accruing	5,912	[1],[7]	3,281	[2],[8]
30-59 Days past due Mortgages	16,500		4,600
Commercial Mortgage Loans [Member] | Financing Receivables 60 To 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	2,791	[7]	4,534	[8]
Commercial Mortgage Loans [Member] | Financing Receivables 30 To 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	0	[7]	0	[8]
Commercial Mortgage Loans [Member] | Financing Receivables Equal To Greater Than 90 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	127,947	[3],[7]	181,977	[4],[8]
Commercial Mortgage Loans [Member] | Purchased Credit Impaired Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	1,227	[5]	1,505	[6]
Financing Receivable, Current	2,939	[5]	1,637	[6]
Loans held for investment	4,166	[5]	3,142	[6]
30-59 Days past due Mortgages	1,500		100
Commercial Mortgage Loans [Member] | Purchased Credit Impaired Loans [Member] | Financing Receivables 60 To 89 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	115	[5]	355	[6]
Commercial Mortgage Loans [Member] | Purchased Credit Impaired Loans [Member] | Financing Receivables 30 To 59 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	0	[5]	0	[6]
Commercial Mortgage Loans [Member] | Purchased Credit Impaired Loans [Member] | Financing Receivables Equal To Greater Than 90 Days Past Due [Member]
Accounts Notes And Loans Receivable [Line Items]
Total Past Due	$ 1,112	[5]	$ 1,150	[6]
[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 $29.2 million of residential mortgage loans insured by the FHA or guaranteed by the VA that are over 15 months delinquent, and are no longer accruing interest as of June 30, 2017.
[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 $29.3 million of residential mortgage loans insured by the FHA or guaranteed by the VA that are over 15 months delinquent, and are no longer accruing interest as of December 31, 2016.
[3]	Includes non-performing loans and accruing loans that 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.
[4]	Includes non-performing loans and accruing loans that 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.
[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 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 June 30, 2017 amounted to $17.7 million and $1.5 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 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, 2016 amounted to $22.3 million and $0.1 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, 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, and land loans past due 30-59 days as of June 30, 2017 amounted to $6.1 million, $122.2 million, $16.5 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, 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, 2016 amounted to $9.9 million, $142.8 million, $4.6 million, $0.7 million and $0.4 million, respectively.

LOAN PORTFOLIO - Accretable Yie

LOAN PORTFOLIO - Accretable Yield Related to Purchased Credit Impaired Loans (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Accretable Yield [Line Items]
Accretable yield at acquisition	$ 113,665	$ 114,098	$ 116,462	$ 118,385
Reclassification to nonaccretable	(1,970)	11,008	(1,970)	9,610
Accretion recognized in earnings	(2,724)	(2,927)	(5,521)	(5,816)
Accretable yield at the end of the period	$ 108,971	$ 122,179	$ 108,971	$ 122,179

LOAN PORTFOLIO -Changes in Carr

LOAN PORTFOLIO -Changes in Carrying Amount Of Purchased Credit Impaired Loans (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable Impaired [Line Items]
Beggining balance: purchased credit-impaired loans	$ 163,100	$ 172,332	$ 165,818	$ 173,913
Accretion	2,724	2,927	5,521	5,816
Purchased Credit Impaired Loans Foreclosures	(947)	(988)	(1,869)	(1,087)
Sop Collections	(4,509)	(4,581)	(9,102)	(8,952)
Ending balance: purchased credit-impaired loans	160,368	169,690	160,368	169,690
Allowance for loan losses Purchased Credit Impaired	(9,446)	(6,857)	(9,446)	(6,857)	$ (6,857)	$ (6,857)	$ (4,568)	$ (3,962)
Ending balance: purchased credit-impaired loans, net	$ 150,922	$ 162,833	$ 150,922	$ 162,833

LOAN PORTFOLIO -Changes in the

LOAN PORTFOLIO -Changes in the allowance for loan losses related to purchased credit impaired doans (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities [Abstract]
Allowance for loan losses Purchased Credit Impaired	$ 6,857	$ 4,568	$ 6,857	$ 3,962
Provsion of PCI Loans	2,589	2,289	2,589	2,895
Allowance for loan losses Purchased Credit Impaired	$ 9,446	$ 6,857	$ 9,446	$ 6,857

LOAN PORTFOLIO - Selected Infor

LOAN PORTFOLIO - Selected Information on TDRs Includes Recorded Investment by Loan Class and Modification Type (Detail) - USD ($) $ in Thousands	Jun. 30, 2017		Mar. 31, 2017	Dec. 31, 2016		Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	$ 568,543		$ 602,364	$ 647,048		$ 670,991	$ 659,104	$ 661,591
Interest Rate Below Market [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	35,826			37,645
Maturity of Term Extension [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	25,682			88,535
Combination of reduction in interest rate and extension of maturity [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	347,093			355,812
Forgiveness of principal and/or interest [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	36,605			38,055
Other [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	123,337	[1]		127,001	[2]
Non Fha Va Residential Mortgage Loans [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	368,505			375,809
Non Fha Va Residential Mortgage Loans [Member] | Interest Rate Below Market [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	26,636			29,254
Non Fha Va Residential Mortgage Loans [Member] | Maturity of Term Extension [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	8,347			8,373
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	273,798			280,588
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	59,724	[1]		57,594	[2]
Commercial Mortgage Loans [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	50,065			48,742
Commercial Mortgage Loans [Member] | Interest Rate Below Market [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	6,625			6,044
Commercial Mortgage Loans [Member] | Maturity of Term Extension [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	2,157			2,007
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	30,796			30,005
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	10,487	[1]		10,686	[2]
Commercial And Industrial Loan [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	65,886			133,521
Commercial And Industrial Loan [Member] | Interest Rate Below Market [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	2,146			2,111
Commercial And Industrial Loan [Member] | Maturity of Term Extension [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	4,444			66,830
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	15,372			16,359
Commercial And Industrial Loan [Member] | Forgiveness of principal and/or interest [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	861			863
Commercial And Industrial Loan [Member] | Other [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	43,063	[1]		47,358	[2]
Construction Loans [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	45,000
Consumer Auto Loans [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	23,994			24,875
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	1,488			1,706
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	14,949			14,698
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	7,557	[1]		8,471	[2]
Finance Leases [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	2,492			2,647
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	284			366
Finance Leases [Member] | Combination of reduction in interest rate and extension of maturity [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	2,208			2,281
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	[1]		0	[2]
Other Consumer Loans [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	12,548			14,842
Other Consumer Loans [Member] | Interest Rate Below Market [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	419			236
Other Consumer Loans [Member] | Maturity of Term Extension [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	2,295			2,518
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	7,780			9,662
Other Consumer Loans [Member] | Forgiveness of principal and/or interest [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	224			299
Other Consumer Loans [Member] | Other [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	1,830	[1]		2,127	[2]
Commercial Construction [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	35,520			36,893
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	35,520			36,893
Commercial Construction [Member] | Other [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	0	[1]		0	[2]
Residential Construction [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	352			357
Residential Construction [Member] | Interest Rate Below Market [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	0			0
Residential Construction [Member] | Maturity of Term Extension [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	0			0
Residential 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
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	352	[1]		357	[2]
Land Construction [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	9,181			9,362
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	6,667			6,735
Land Construction [Member] | Combination of reduction in interest rate and extension of maturity [Member]
Financing Receivable Impaired [Line Items]
Financing Receivable, Modifications, Recorded Investment	2,190			2,219
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	$ 324	[1]		$ 408	[2]
[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]	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 - Corporation'90

LOAN PORTFOLIO - Corporation's TDR Activity (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017		Jun. 30, 2016
Schedule Of Financing Receivables [Line Items]
Beginning Balance of TDRs	$ 602,364	$ 659,104	$ 647,048		$ 661,591
New TDRs	13,368	34,260	54,267		50,479
Increases to existing TDRs (disbursements)	330	355	754		1,056
Charge-offs post modification	(9,365)	(4,632)	(24,027)	[1]	(10,454)
Sales	0	0	(53,245)		0
Foreclosures	(16,150)	(4,579)	(20,521)		(7,400)
Removed from TDR classification	0	(3,031)	0		(3,031)
Paid-off and partial payments	(22,004)	(10,486)	(35,733)		(21,250)
Ending balance of TDRs	$ 568,543	$ 670,991	$ 568,543		$ 670,991
[1]	For the six-month period ended June 30, 2017, includes a charge off of $10.7 million related to the sale of the PREPA credit line.

LOAN PORTFOLIO - Breakdown Betw

LOAN PORTFOLIO - Breakdown Between Accrual and Nonaccrual Status of TDRs (Detail) - USD ($) $ in Thousands	Jun. 30, 2017		Mar. 31, 2017	Dec. 31, 2016		Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	$ 568,543		$ 602,364	$ 647,048		$ 670,991	$ 659,104	$ 661,591
Non Accrual [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	184,371	[1]		262,161	[2]
Accrual [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	384,172			384,887
Non Fha Va Residential Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	368,505			375,809
Non Fha Va Residential Mortgage Loans [Member] | Non Accrual [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	74,616	[1]		80,153	[2]
Non Fha Va Residential Mortgage Loans [Member] | Accrual [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	293,889			295,656
Commercial Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	50,065			48,742
Commercial Mortgage Loans [Member] | Non Accrual [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	16,659	[1]		16,402	[2]
Commercial Mortgage Loans [Member] | Accrual [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	33,406			32,340
Commercial And Industrial Loan [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	65,886			133,521
Commercial And Industrial Loan [Member] | Non Accrual [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	46,486	[1]		115,025	[2]
Commercial And Industrial Loan [Member] | Accrual [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	19,400			18,496
Consumer Auto Loans [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	23,994			24,875
Consumer Auto Loans [Member] | Non Accrual [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	7,668	[1]		8,622	[2]
Consumer Auto Loans [Member] | Accrual [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	16,326			16,253
Finance Leases [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	2,492			2,647
Finance Leases [Member] | Non Accrual [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	111	[1]		105	[2]
Finance Leases [Member] | Accrual [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	2,381			2,542
Other Consumer Loans [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	12,548			14,842
Other Consumer Loans [Member] | Non Accrual [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	1,405	[1]		2,974	[2]
Other Consumer Loans [Member] | Accrual [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	11,143			11,868
Commercial Construction [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	35,520			36,893
Commercial Construction [Member] | Non Accrual [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	35,520	[1]		36,893	[2]
Commercial Construction [Member] | Accrual [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	352			357
Residential Construction [Member] | Non Accrual [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	352	[1]		357	[2]
Residential Construction [Member] | Accrual [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	0			0
Land Construction [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	9,181			9,362
Land Construction [Member] | Non Accrual [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	1,554	[1]		1,630	[2]
Land Construction [Member] | Accrual [Member]
Financing Receivable Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	$ 7,627			$ 7,732
[1]	Included in non-accrual loans are $47.2 million in loans that are performing under the terms of the restructuring agreement but are reported in nonaccrual status until the restructured loans meet the criteria of sustained payment performance under the revised terms for reinstatement to accrual status and are deemed fully collectible.
[2]	Included in non-accrual loans are $110.6 million in loans that are performing under the terms of the 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 are deemed fully collectible.

LOAN PORTFOLIO - Breakdown Be92

LOAN PORTFOLIO - Breakdown Between Accrual and Nonaccrual Status of TDRs (Parenthetical) (Detail) - USD ($) $ in Thousands	Jun. 30, 2017		Mar. 31, 2017	Dec. 31, 2016		Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable Modifications [Line Items]
Total TDR loans	$ 568,543		$ 602,364	$ 647,048		$ 670,991	$ 659,104	$ 661,591
Non Accrual [Member]
Financing Receivable Modifications [Line Items]
Total TDR loans	184,371	[1]		262,161	[2]
Performing Financing Receivable [Member] | Non Accrual [Member]
Financing Receivable Modifications [Line Items]
Total TDR loans	$ 47,200			$ 110,600
[1]	Included in non-accrual loans are $47.2 million in loans that are performing under the terms of the restructuring agreement but are reported in nonaccrual status until the restructured loans meet the criteria of sustained payment performance under the revised terms for reinstatement to accrual status and are deemed fully collectible.
[2]	Included in non-accrual loans are $110.6 million in loans that are performing under the terms of the 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 are deemed fully collectible.

LOAN PORTFOLIO - Loan Modificat

LOAN PORTFOLIO - Loan Modifications are Considered TDRs (Detail) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)numberofcontracts	Jun. 30, 2016USD ($)numberofcontracts	Jun. 30, 2017USD ($)numberofcontracts	Jun. 30, 2016USD ($)numberofcontracts
Financing Receivable Modifications [Line Items]
Number of Contracts | numberofcontracts	381	522	801	1,210
Pre-Modification Outstanding Recorded Investment	$ 13,449	$ 34,512	$ 54,712	$ 51,266
Post-Modification Outstanding Recorded Investment	$ 13,368	$ 34,260	$ 54,267	$ 50,479
Non Fha Va Residential Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | numberofcontracts	48	54	88	112
Pre-Modification Outstanding Recorded Investment	$ 9,577	$ 7,397	$ 14,227	$ 16,409
Post-Modification Outstanding Recorded Investment	$ 9,483	$ 7,132	$ 13,991	$ 15,591
Commercial Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | numberofcontracts	2	3	8	3
Pre-Modification Outstanding Recorded Investment	$ 267	$ 2,672	$ 22,705	$ 2,672
Post-Modification Outstanding Recorded Investment	$ 267	$ 2,668	$ 22,465	$ 2,668
Commercial And Industrial Loan [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | numberofcontracts	2	19	5	19
Pre-Modification Outstanding Recorded Investment	$ 326	$ 20,261	$ 11,074	$ 20,261
Post-Modification Outstanding Recorded Investment	$ 326	$ 20,261	$ 11,074	$ 20,261
Consumer Auto Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | numberofcontracts	122	165	274	423
Pre-Modification Outstanding Recorded Investment	$ 1,926	$ 2,718	$ 4,173	$ 7,699
Post-Modification Outstanding Recorded Investment	$ 1,926	$ 2,718	$ 4,173	$ 7,699
Finance Leases [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | numberofcontracts	14	12	22	48
Pre-Modification Outstanding Recorded Investment	$ 362	$ 242	$ 548	$ 1,182
Post-Modification Outstanding Recorded Investment	$ 362	$ 242	$ 548	$ 1,182
Other Consumer Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | numberofcontracts	193	269	403	605
Pre-Modification Outstanding Recorded Investment	$ 991	$ 1,222	$ 1,960	$ 3,043
Post-Modification Outstanding Recorded Investment	$ 1,004	$ 1,239	$ 1,988	$ 3,078
Land Construction [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | numberofcontracts			1
Pre-Modification Outstanding Recorded Investment			$ 25
Post-Modification Outstanding Recorded Investment			$ 28

LOAN PORTFOLIO - Loan Modific94

LOAN PORTFOLIO - Loan Modifications Considered Troubled Debt Restructurings Defaulted (Detail) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)numberofcontracts	Jun. 30, 2016USD ($)numberofcontracts	Jun. 30, 2017USD ($)numberofcontracts	Jun. 30, 2016USD ($)numberofcontracts
Financing Receivable Modifications [Line Items]
Number of Contracts | numberofcontracts	53	75	78	129
Recorded Investment | $	$ 2,786	$ 1,792	$ 3,242	$ 4,049
Non Fha Va Residential Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | numberofcontracts	19	10	22	21
Recorded Investment | $	$ 2,614	$ 1,178	$ 2,891	$ 3,156
Commercial Mortgage Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | numberofcontracts			1	0
Recorded Investment | $			$ 57	$ 0
Consumer Auto Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | numberofcontracts	5	31	9	40
Recorded Investment | $	$ 69	$ 498	$ 130	$ 634
Other Consumer Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | numberofcontracts	29	34	46	67
Recorded Investment | $	$ 103	$ 116	$ 164	$ 246
Finance Leases [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | numberofcontracts			0	1
Recorded Investment | $			$ 0	$ 13

LOAN PORTFOLIO - Loan Restructu

LOAN PORTFOLIO - Loan Restructuring and Effect on Allowance for Loan and Lease Losses (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable Allowance For Credit Losses [Line Items]
Financing Receivable, Modifications, Recorded Investment	$ 568,543	$ 670,991	$ 568,543	$ 670,991	$ 602,364	$ 647,048	$ 659,104	$ 661,591
Charges to the provision for loan losses	18,096	20,986	43,538	42,039
Allowance for loan losses at the end of the period	173,485		173,485			205,603
Loans Split [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Financing Receivable, Modifications, Recorded Investment	36,141	38,259	36,141	38,259
Amount charged-off			0	0
Charges to the provision for loan losses			388	1,948
Allowance for loan losses at the end of the period	5,529	$ 2,809	5,529	$ 2,809
Accrual [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Financing Receivable, Modifications, Recorded Investment	$ 384,172		$ 384,172			$ 384,887

LOAN PORTFOLIO - Narratives (De

LOAN PORTFOLIO - Narratives (Detail)	3 Months Ended
	Mar. 31, 2015
Disclosure Loan Portfolio Additional Information [Abstract]
Branches Doral	10

ALLOWANCE FOR LOAN AND LEASE 97

ALLOWANCE FOR LOAN AND LEASE LOSSES - Changes in Allowance for Loan and Lease Losses (Detail) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2017		Jun. 30, 2016	Jun. 30, 2017		Jun. 30, 2016	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning balance	$ 203,231		$ 238,125	$ 205,603		$ 240,710
Charge-offs	(55,488)		(28,366)	(88,382)		(54,901)
Recoveries	7,646		3,709	12,726		6,606
Provision For Loan Lease And Other Losses	18,096		20,986	43,538		42,039
Ending balance	173,485		234,454	173,485		234,454
Balance at end of period	40,794		86,372	40,794		86,372
Allowance for loan losses Purchased Credit Impaired	9,446		6,857	9,446		6,857
Ending balance: general allowance	123,245		141,225	123,245		141,225
Ending balance	8,861,176		8,870,747	8,861,176		8,870,747
Ending balance: impaired loans	735,625		953,774	735,625		953,774	$ 807,198	$ 887,905	$ 917,591	$ 806,509
Ending balance: purchased credit-impaired loans	160,368		169,690	160,368		169,690
Ending balance: loans with general allowance	7,965,183		7,747,283	7,965,183		7,747,283
Purchased Credit Impaired [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses Purchased Credit Impaired	9,446	[1]	6,857	9,446	[1]	6,857
Residential Mortgage [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning balance	35,775		38,548	33,980		39,570
Charge-offs	(6,967)		(11,532)	(15,192)		(18,838)
Recoveries	891		841	1,640		1,187
Provision For Loan Lease And Other Losses	10,888		11,098	20,159		17,036
Ending balance	40,587		38,955	40,587		38,955
Balance at end of period	13,786		11,972	13,786		11,972
Ending balance: general allowance	17,727		20,345	17,727		20,345
Ending balance	3,282,307		3,323,844	3,282,307		3,323,844
Ending balance: impaired loans	428,711		452,280	428,711		452,280
Ending balance: purchased credit-impaired loans	156,202		166,556	156,202		166,556
Ending balance: loans with general allowance	2,697,394		2,705,008	2,697,394		2,705,008
Residential Mortgage [Member] | Purchased Credit Impaired [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses Purchased Credit Impaired	9,074	[1]	6,638	9,074	[1]	6,638
Commercial Mortgage [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning balance	68,468		68,744	57,261		68,211
Charge-offs	(30,495)		(1,437)	(31,857)		(2,012)
Recoveries	78		33	108		79
Provision For Loan Lease And Other Losses	525		2,459	13,064		3,521
Ending balance	38,576		69,799	38,576		69,799
Balance at end of period	8,330		40,071	8,330		40,071
Ending balance: general allowance	29,874		29,509	29,874		29,509
Ending balance	1,611,730		1,523,676	1,611,730		1,523,676
Ending balance: impaired loans	140,621		211,348	140,621		211,348
Ending balance: purchased credit-impaired loans	4,166		3,134	4,166		3,134
Ending balance: loans with general allowance	1,466,943		1,309,194	1,466,943		1,309,194
Commercial Mortgage [Member] | Purchased Credit Impaired [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses Purchased Credit Impaired	372	[1]	219	372	[1]	219
Commercial And Industrial Loans [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning balance	45,970		71,098	61,953		68,768
Charge-offs	(6,378)		(1,914)	(18,430)		(5,673)
Recoveries	4,624		676	5,499		956
Provision For Loan Lease And Other Losses	(2,134)		(71)	(6,940)		5,738
Ending balance	42,082		69,789	42,082		69,789
Balance at end of period	10,788		27,750	10,788		27,750
Ending balance: general allowance	31,294		42,039	31,294		42,039
Ending balance	2,116,756		2,133,623	2,116,756		2,133,623
Ending balance: impaired loans	74,902		197,368	74,902		197,368
Ending balance: purchased credit-impaired loans	0		0	0		0
Ending balance: loans with general allowance	2,041,854		1,936,255	2,041,854		1,936,255
Commercial And Industrial Loans [Member] | Purchased Credit Impaired [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses Purchased Credit Impaired	0	[1]	0	0	[1]	0
Construction Loans [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning balance	3,886		3,013	2,562		3,519
Charge-offs	(595)		(513)	(658)		(604)
Recoveries	133		144	578		161
Provision For Loan Lease And Other Losses	312		103	1,254		(329)
Ending balance	3,736		2,747	3,736		2,747
Balance at end of period	2,374		1,114	2,374		1,114
Ending balance: general allowance	1,362		1,633	1,362		1,633
Ending balance	122,093		137,406	122,093		137,406
Ending balance: impaired loans	50,557		49,216	50,557		49,216
Ending balance: purchased credit-impaired loans	0		0	0		0
Ending balance: loans with general allowance	71,536		88,190	71,536		88,190
Construction Loans [Member] | Purchased Credit Impaired [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses Purchased Credit Impaired	0	[1]	0	0	[1]	0
Consumer Loan [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Beginning balance	49,132		56,722	49,847		60,642
Charge-offs	(11,053)		(12,970)	(22,245)		(27,774)
Recoveries	1,920		2,015	4,901		4,223
Provision For Loan Lease And Other Losses	8,505		7,397	16,001		16,073
Ending balance	48,504		53,164	48,504		53,164
Balance at end of period	5,516		5,465	5,516		5,465
Ending balance: general allowance	42,988		47,699	42,988		47,699
Ending balance	1,728,290		1,752,198	1,728,290		1,752,198
Ending balance: impaired loans	40,834		43,562	40,834		43,562
Ending balance: purchased credit-impaired loans	0		0	0		0
Ending balance: loans with general allowance	1,687,456		1,708,636	1,687,456		1,708,636
Consumer Loan [Member] | Purchased Credit Impaired [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses Purchased Credit Impaired	$ 0	[1]	$ 0	$ 0	[1]	$ 0
[1]

ALLOWANCE FOR LOAN AND LEASE 98

ALLOWANCE FOR LOAN AND LEASE LOSSES - Additional Information (Detail) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable Allowance For Credit Losses [Line Items]
Reserve for unfunded loan commitments	$ 0.7	$ 1.6

LOANS HELD FOR SALE - Portfolio

LOANS HELD FOR SALE - Portfolio of Loans Held for Sale (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Accounts Notes And Loans Receivable [Line Items]
Residential mortgage loans	$ 29,193	$ 41,927
Total	37,272	50,006
Construction Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Construction loans	$ 8,079	$ 8,079

LOANS HELD FOR SALE - Additiona

LOANS HELD FOR SALE - Additional Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Accounts Notes And Loans Receivable [Line Items]
Loans held for sale	$ 37,272		$ 50,006
Transfer Of Loans Held For Sale To Portfolio Loans 1	10,206	$ 0
Non Accrual [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans held for sale	$ 8,100		$ 8,100

OTHER REAL ESTATE OWNED- Other

OTHER REAL ESTATE OWNED- Other real estate owned (Detail) - USD ($) $ in Thousands		Jun. 30, 2017	Dec. 31, 2016
Other Real Estate And Foreclosed Assets [Line Items]
Other real estate owned		$ 150,045	$ 137,681
Residential Real Estate [Member]
Other Real Estate And Foreclosed Assets [Line Items]
Other real estate owned	[1]	54,346	46,917
Commercial Real Estate [Member]
Other Real Estate And Foreclosed Assets [Line Items]
Other real estate owned		84,939	78,698
Construction Real Estate [Member]
Other Real Estate And Foreclosed Assets [Line Items]
Other real estate owned		$ 10,760	$ 12,066
[1]	Excludes $21.9 million and $15.0 million as of June 30, 2017 and December 31, 2016, respectively, of foreclosures 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 ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Other Real Estate And Foreclosed Assets [Abstract]
Transfers From Loans to Other Receivable	$ 21.9	$ 15

DERIVATIVE INSTRUMENTS AND H103

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Notional Amounts of All Derivative Instruments (Detail) - USD ($) $ in Thousands		Jun. 30, 2017	Dec. 31, 2016
Economic undesignated hedges:
Notional amount of derivatives	[1]	$ 214,020	$ 216,020
Nondesignated [Member] | Interest Rate Cap [Member] | Purchase
Economic undesignated hedges:
Notional amount of derivatives	[1]	91,510	91,510
Nondesignated [Member] | Interest Rate Cap [Member] | Written
Economic undesignated hedges:
Notional amount of derivatives	[1]	91,510	91,510
Nondesignated [Member] | Forward Contracts [Member]
Economic undesignated hedges:
Notional amount of derivatives	[1]	$ 31,000	$ 33,000
[1]	Notional amounts are presented on a gross basis with no netting of offsetting exposure positions.

DERIVATIVE INSTRUMENTS AND H104

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Summary of Fair Value of Derivative Instruments and Location in Statement of Financial Condition (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Derivatives Fair Value [Line Items]
Derivatives, included in assets	$ 398	$ 554
Derivatives, included in liabilities	290	753
Other Assets [Member] | Interest Rate Cap [Member] | Purchase
Derivatives Fair Value [Line Items]
Derivatives, included in assets	261	554
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	137	0
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	260	552
Other Liabilities [Member] | Forward Contracts [Member]
Derivatives Fair Value [Line Items]
Derivatives, included in liabilities	$ 30	$ 201

DERIVATIVE INSTRUMENTS AND H105

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Effect of Derivative Instruments on Statement of Income (Loss) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Economic undesignated hedges:
Total gain (loss) on derivatives	$ 364	$ (90)	$ 307	$ (243)
Interest Rate Cap [Member]
Economic undesignated hedges:
Total gain (loss) on derivatives	0	(3)	(1)	(7)
Mortgage Banking Activities [Member] | Forward Contracts [Member]
Economic undesignated hedges:
Total gain (loss) on derivatives	$ 364	$ (87)	$ 308	$ (236)

DERIVATIVE INSTRUMENTS AND H106

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Summary of Interest Rate Swaps (Detail) - USD ($) $ in Thousands		Jun. 30, 2017	Dec. 31, 2016
Pay fixed/receive floating :
Notional amount	[1]	$ 214,020	$ 216,020
[1]	Notional amounts are presented on a gross basis with no netting of offsetting exposure positions.

OFFESTTING OF ASSETS AND LIABIL

OFFESTTING OF ASSETS AND LIABILITIES - Offsetting of financial assets and liabilities (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Offsetting [Abstract]
Gross amount recognized of derivative asset	$ 261	$ 554
Gross amount of derivatives assets offset	0	0
Net asset amount of assets presented in the Statement of Financial Condition	261	554
Obligation to return Financial instrument, derivatives assets	(261)	(554)
Obligation to return Cash Collateral, derivative assets	0	0
Net derivative asset amount not offset	0	0
Gross amount recognized of repurchase agreements	200,000	200,000
Gross amount of repurchase agreements offset	(200,000)	(200,000)
Net repurchase agreements amount offset presented	0	0
Right to claim Financial instrument, repurchase agreements	0	0
Right to claim Cash Collateral, repurchase agreements	0	0
Net repurchase agreements amount not offset	0	0
Securities Purchased Under Agreements To Resell Gross	200,000	200,000
Securities Purchased Under Agreements To Resell Liability	(200,000)	(200,000)
Securities Purchased Under Agreements To Resell Not Offset	0	0
Securities Purchased Under Agreements To Resell Collateral Obligation To Return Securities	0	0
Securities Purchased Under Agreements To Resell Collateral Obligation To Return Cash	0	0
Securities Purchased Under Agreements To Resell Amount Offset Against Collateral	0	0
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Gross	200,261	200,554
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability	(200,000)	(200,000)
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability Not Offset	261	554
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Collateral Obligation To Return Securities	(261)	(554)
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Collateral Obligation To Return Cash	0	0
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Amount Offset Against Collateral	$ 0	$ 0

GOODWILL AND OTHER INTANGIBL108

GOODWILL AND OTHER INTANGIBLES - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Jun. 30, 2012
Finite Lived Intangible Assets [Line Items]
Goodwill	$ 28,100		$ 28,100		$ 28,100
Purchase credit card relationship intangible amount						$ 24,500
Amortization expense			2,242	$ 2,442
Business Combination Finite Lived Intangible Assets Net	4,000		4,000
Purchased Credit Card Relationship Intangible [Member]
Finite Lived Intangible Assets [Line Items]
Purchase credit card relationship intangible amount	$ 24,465		24,465		$ 24,465
Amortization period of purchased credit card relationship intangible	4 years 4 months 24 days				5 years
Amortization expense	$ 600	$ 700	1,300	1,400
Core Deposits [Member]
Finite Lived Intangible Assets [Line Items]
Purchase credit card relationship intangible amount	$ 51,664		51,664		$ 51,664
Amortization period of purchased credit card relationship intangible	7 years 7 months 6 days				8 years 1 month 6 days
Amortization expense	$ 500	500	900	1,000
Customer Related Intangible Assets [Member]
Finite Lived Intangible Assets [Line Items]
Purchase credit card relationship intangible amount	$ 1,067		1,067		$ 1,067
Amortization period of purchased credit card relationship intangible	5 years 6 months				6 years 1 month 6 days
Amortization expense	$ 38	$ 39	$ 76	$ 64

GOODWILL AND OTHER INTANGIBL109

GOODWILL AND OTHER INTANGIBLES - Gross Amount and Accumulated Amortization of Other Intangible Assets (Detail) - USD ($) $ in Thousands		1 Months Ended	3 Months Ended	12 Months Ended
		Feb. 27, 2015	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2012
Finite Lived Intangible Assets [Line Items]
Gross amount					$ 24,500
Goodwill And Intangible Assets Disclosure [Abstract]
Finite Lived Intangible Assets Amortization Expense Year Two			$ 3,591
Finite Lived Intangible Assets Amortization Expense Year Three			3,088
Finite Lived Intangible Assets Amortization Expense Year Four			2,851
Finite Lived Intangible Assets Amortization Expense After Year Five			2,066
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year			2,160
Finite Lived Intangible Assets Amortization Expense Year Five			2,658
Core Deposits [Member]
Finite Lived Intangible Assets [Line Items]
Gross amount			51,664	$ 51,664
Finite lived Intangible Assets Acquired 1		$ 5,800		0
Accumulated amortization	[1]		(45,367)	(44,466)
Net carrying amount			$ 6,297	$ 7,198
Remaining amortization period			7 years 7 months 6 days	8 years 1 month 6 days
Purchased Credit Card Relationship Intangible [Member]
Finite Lived Intangible Assets [Line Items]
Gross amount			$ 24,465	$ 24,465
Accumulated amortization	[2]		(15,199)	(13,934)
Net carrying amount			$ 9,266	$ 10,531
Remaining amortization period			4 years 4 months 24 days	5 years
Customer Related Intangible Assets [Member]
Finite Lived Intangible Assets [Line Items]
Gross amount			$ 1,067	$ 1,067
Accumulated amortization	[3]		(216)	(140)
Net carrying amount			$ 851	$ 927
Remaining amortization period			5 years 6 months	6 years 1 month 6 days
[1]	(1) For the quarter and six-month period ended June 30, 2017, the amortization expense of core deposit intangibles amounted to $0.5 million and $0.9 million, respectively (2016 - $0.5 million and $1.0 million, respectively).
[2]	(2) For the quarter and six-month period ended June 30, 2017, the amortization expense of the purchased credit card relationship intangible amounted to $0.6 million and $1.3 million, respectively (2016 - $0.7 million and $1.4 million, respectively).
[3]	(3) For the quarter and six-month period ended June 30, 2017, the amortization expense of insurance customer relationship intangible amounted to $38 thousand and $76 thousand, respectively (2016 - $39 thousand and $64 thousand, respectively).

NON-CONSOLIDATED VARIABLE IN110

NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS - additional Information (Detail) - USD ($) $ in Millions	1 Months Ended			3 Months Ended
	Feb. 16, 2011	Sep. 30, 2004	Apr. 30, 2004	Jun. 30, 2017	Mar. 31, 2016	Jun. 30, 2015	Jun. 30, 2016
Servicing Liabilities At Fair Value [Line Items]
Principal amount of corporation serviced loans securitized through GNMA				$ 1,600
Balance of amortization with third party				24.8
Carrying value with third party				$ 18.2
Percentage of weighted average yield with third party				2.40%
Maturity period of loan acquired	7 years
Working capital line of credit to fund certain expenses	$ 20
Payment to be made on pro rata basis				65.00%
Debt Instrument Description Of Variable Rate Basis				90-day LIBOR
Interest Expense Accrued Trust Preferred Securities							$ 31.2
Conversion Of Stock Shares Issued1						852,831
Trust Preferred Securities Exchanged Liquidation Value						$ 5.3
Trust Preferred Securities Repurchases					$ 10
Trust Preferred Securties Discount					30.00%
Trust Preferred Securities Winning Bid					70.00%
Common Stock Issued In Exchange For Trust Preferred Securities Additional Paid In Capital Value						$ 5.5
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
Proceeds of the issuance, together with proceeds of the purchase			3.1
Principal amount of corporation's junior subordinated deferrable debentures			$ 103.1
Fbp Statutory Trust Two [Member]
Servicing Liabilities At Fair Value [Line Items]
Variable rate trust preferred securities		$ 125
Proceeds of the issuance, together with proceeds of the purchase		3.9
Principal amount of corporation's junior subordinated deferrable debentures		$ 128.9
Cpg Gs [Member]
Servicing Liabilities At Fair Value [Line Items]
Loans Sold to CPG	269.3
Cash realized on sale of loan	88.5
Loans acquired on exchange of loan held for sale	$ 136.1
Description of loan	30-day LIBOR plus 300 basis points
Carrying amount of loan provided				$ 4
Line of credit facility provided to fund unfunded commitments	$ 80
Revolver agreement of credit facility provided amount outstanding				$ 6.7
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%

NON-CONSOLIDATED VARIABLE IN111

NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS - Income Statement Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Variable Interest Entity [Line Items]
Net income	$ 27,998	$ 21,953	$ 53,539	$ 45,297

NON-CONSOLIDATED VARIABLE IN112

NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS - Changes in Servicing Assets (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Servicing Assets At Amortized Value [Line Items]
Balance at beginning of period		$ 26,330	$ 24,692	$ 26,244	$ 24,282
Capitalization of servicing assets		1,049	1,297	1,924	2,458
Amortization		(779)	(809)	(1,567)	(1,607)
Adjustment To Servicing Assets For Loans Repurchased	[1]	99	15	258	35
Adjustment to fair value		(197)	(151)	(357)	(124)
Balance at end of period		$ 26,502	$ 25,044	$ 26,502	$ 25,044
[1]	Amount represents the adjustment to fair value related to the repurchase of loans serviced for others.

NON-CONSOLIDATED VARIABLE IN113

NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS - Changes in Impairment Allowance (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Valuation Allowance For Impairment Of Recognized Servicing Assets [Line Items]
Balance at beginning of period	$ 0	$ 109	$ 461	$ 136
Temporary impairment charges	197	167	357	194
OTTI of servicing assets	0	0	(621)	0
Recoveries	0	(16)	0	(70)
Balance at end of period	$ 197	$ 260	$ 197	$ 260

NON-CONSOLIDATED VARIABLE IN114

NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS - Components of Net Servicing Income (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Servicing fees		$ 1,975	$ 1,865	$ 3,999	$ 3,727
Late charges and prepayment penalties		138	163	237	305
All Other Fees	[1]	(28)	(1)	(35)	(1)
Adjustment To Servicing Assets For Loans Repurchased	[2]	99	15	258	35
Servicing income, gross		2,184	2,042	4,459	4,066
Amortization and impairment of servicing assets		(977)	(960)	(1,925)	(1,731)
Servicing income, net		$ 1,207	$ 1,082	$ 2,534	$ 2,335
[1]	Mainly consisted of compensatory fees imposed by GSEs.
[2]	Amount represents the adjustment to fair value related to the repurchase of loans serviced for others.

NON-CONSOLIDATED VARIABLE IN115

NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS - Key Economic Assumptions Used in Determining Fair Value at Time of Sale of Loans (Detail)	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Government Guaranteed Mortgage Loans [Member] | Maximum [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	6.00%	7.60%
Discount rate	12.00%	11.50%
Government Guaranteed Mortgage Loans [Member] | Minimum [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	6.00%	7.60%
Discount rate	12.00%	11.50%
Conventional Loan [Member] | Maximum [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	6.40%	8.00%
Discount rate	10.00%	9.50%
Conventional Loan [Member] | Minimum [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	6.30%	8.00%
Discount rate	10.00%	9.50%
Conventional Non Conforming Mortgage Loans [Member] | Maximum [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	9.50%	14.10%
Discount rate	14.30%	13.80%
Conventional Non Conforming Mortgage Loans [Member] | Minimum [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	9.10%	14.00%
Discount rate	14.30%	13.80%

NON-CONSOLIDATED VARIABLE IN116

NON-CONSOLIDATED VARIABLE INTEREST ENTITIES AND SERVICING ASSETS - Weighted-Averages of Key Economic Assumptions in Valuation Model (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015
Carrying amount of servicing assets	$ 26,502	$ 26,330	$ 26,244	$ 25,044	$ 24,692	$ 24,282
Fair value	$ 29,926
Weighted-average expected life	8 years 5 months 19 days
Constant prepayment rate	6.23%
Decrease in fair value due to 10% adverse change	$ 758
Decrease in fair value due to 20% adverse change	$ 1,482
Discount rate	11.21%
Decrease in fair value due to 10% adverse change	$ 1,422
Decrease in fair value due to 20% adverse change	$ 2,727

DEPOSITS - Summary of Deposit B

DEPOSITS - Summary of Deposit Balances (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Sep. 30, 2016
Deposits [Line Items]
Non-interest bearing checking accounts	$ 1,578,142	$ 1,484,155	$ 1,578,142
Savings accounts	2,345,664	2,518,496
Interest-bearing checking accounts	1,155,367	1,075,929
Certificates of deposit	2,409,876	2,312,928
Brokered certificates of deposit	1,253,844	1,439,697
Total deposits	$ 8,742,893	$ 8,831,205	$ 8,742,893

DEPOSITS - Brokered Certificate

DEPOSITS - Brokered Certificates Of Deposit Mature (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Deposits [Line Items]
Interest Bearing Domestic Deposit Brokered	$ 1,253,844	$ 1,439,697
One to ninety days
Deposits [Line Items]
Interest Bearing Domestic Deposit Brokered	178,236
Over three month to six months
Deposits [Line Items]
Interest Bearing Domestic Deposit Brokered	187,924
Over six months to one year
Deposits [Line Items]
Interest Bearing Domestic Deposit Brokered	342,707
One to three year
Deposits [Line Items]
Interest Bearing Domestic Deposit Brokered	423,120
Three to five years
Deposits [Line Items]
Interest Bearing Domestic Deposit Brokered	120,478
Over five years
Deposits [Line Items]
Interest Bearing Domestic Deposit Brokered	$ 1,379

DEPOSITS - Components of Intere

DEPOSITS - Components of Interest Expense on Deposits (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Deposits [Line Items]
Interest expense on deposits	$ 15,883	$ 16,494	$ 31,351	$ 32,974
Accretion Of Premium From Acquisitions	(15)	(57)	(38)	(138)
Amortization of broker placement fees	480	787	1,007	1,645
Interest expense on deposits	$ 16,348	$ 17,224	$ 32,320	$ 34,481

SECURITIES SOLD UNDER AGREEM120

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE - Securities Sold Under Agreements to Repurchase (Detail) - USD ($) $ in Thousands		Jun. 30, 2017	Dec. 31, 2016
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%)	[1],[2]	$ 300,000	$ 300,000
[1]	As of June 30, 2017, includes $200 million with an average rate of 2.11% that lenders have the right to call before their contractual maturities at various dates beginning on July 19, 2017. In addition, $100 million is tied to variable rates.
[2]	Reported net of securities purchased under agreements to repurchase (reverse repurchase agreements) by counterparty, when applicable, pursuant to ASC 210-20-45-11.

SECURITIES SOLD UNDER AGREEM121

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE - Securities Sold Under Agreements to Repurchase (Parenthetical) (Detail) - USD ($) $ in Thousands		Jun. 30, 2017	Dec. 31, 2016
Securities Sold Under Agreements To Repurchase And Other Short Term Borrowings [Line Items]
Securities sold under agreements to repurchase	[1],[2]	$ 300,000	$ 300,000
Callable Repurchase Agreements [Member]
Securities Sold Under Agreements To Repurchase And Other Short Term Borrowings [Line Items]
Securities sold under agreements to repurchase		$ 200,000
Maximum [Member]
Securities Sold Under Agreements To Repurchase And Other Short Term Borrowings [Line Items]
Assets sold under agreements to repurchase interest rate		3.11%	2.83%
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%	1.96%
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		2.11%
[1]	As of June 30, 2017, includes $200 million with an average rate of 2.11% that lenders have the right to call before their contractual maturities at various dates beginning on July 19, 2017. In addition, $100 million is tied to variable rates.
[2]	Reported net of securities purchased under agreements to repurchase (reverse repurchase agreements) by counterparty, when applicable, pursuant to ASC 210-20-45-11.

SECURITIES SOLD UNDER AGREEM122

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE - Schedule of Repurchase Agreement Maturity (Detail) - USD ($) $ in Thousands		Jun. 30, 2017	Dec. 31, 2016
Repurchase Agreement [Line Items]
Securities Sold Under Agreements To Repurchase	[1],[2]	$ 300,000	$ 300,000
Maturity Over Three Months To Six Months [Member]
Repurchase Agreement [Line Items]
Securities Sold Under Agreements To Repurchase		100,000
Maturity Over Four to Five Years [Member]
Repurchase Agreement [Line Items]
Securities Sold Under Agreements To Repurchase		$ 200,000
[1]	As of June 30, 2017, includes $200 million with an average rate of 2.11% that lenders have the right to call before their contractual maturities at various dates beginning on July 19, 2017. In addition, $100 million is tied to variable rates.
[2]	Reported net of securities purchased under agreements to repurchase (reverse repurchase agreements) by counterparty, when applicable, pursuant to ASC 210-20-45-11.

SECURITIES SOLD UNDER AGREEM123

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE - Schedule of Repurchase Agreement Maturity (Parenthetical) (Detail) - USD ($) $ in Thousands		Jun. 30, 2017	Dec. 31, 2016
Repurchase Agreement [Line Items]
Securities Sold Under Agreements To Repurchase	[1],[2]	$ 300,000	$ 300,000
Variable Rate [Member]
Repurchase Agreement [Line Items]
Securities Sold Under Agreements To Repurchase		$ 100,000
[1]	As of June 30, 2017, includes $200 million with an average rate of 2.11% that lenders have the right to call before their contractual maturities at various dates beginning on July 19, 2017. In addition, $100 million is tied to variable rates.
[2]	Reported net of securities purchased under agreements to repurchase (reverse repurchase agreements) by counterparty, when applicable, pursuant to ASC 210-20-45-11.

SECURITIES SOLD UNDER AGREEM124

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE - Repurchase Agreements Grouped by Counterparty (Detail) - USD ($) $ in Thousands		3 Months Ended
		Jun. 30, 2017	Dec. 31, 2016
Repurchase Agreement Counterparty [Line Items]
Repurchase agreements, interest ranging from 2.45% to 3.39% (December 31, 2011 - 2.50% to 4.40%) (1)	[1],[2]	$ 300,000	$ 300,000
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
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		3 months 29 days
Credit Suisse First Boston [Member]
Repurchase Agreement Counterparty [Line Items]
Weighted-Average Maturity		4 years 6 months 29 days
[1]	As of June 30, 2017, includes $200 million with an average rate of 2.11% that lenders have the right to call before their contractual maturities at various dates beginning on July 19, 2017. In addition, $100 million is tied to variable rates.
[2]	Reported net of securities purchased under agreements to repurchase (reverse repurchase agreements) by counterparty, when applicable, pursuant to ASC 210-20-45-11.

ADVANCES FROM THE FEDERAL HO125

ADVANCES FROM THE FEDERAL HOME LOAN BANK (FHLB) - Summary of Advances from FHLB (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Short Term Debt [Line Items]
Fixed-rate advances from FHLB, with a weighted-average interest rate of 1.69% (December 31, 2012 - 2.26%)	$ 675,000	$ 670,000
long term debt [member]
Short Term Debt [Line Items]
Fixed-rate advances from FHLB, with a weighted-average interest rate of 1.69% (December 31, 2012 - 2.26%)	665,000	500,000
short term debt [member]
Short Term Debt [Line Items]
Fixed-rate advances from FHLB, with a weighted-average interest rate of 1.69% (December 31, 2012 - 2.26%)	$ 10,000	$ 170,000

ADVANCES FROM THE FEDERAL HO126

ADVANCES FROM THE FEDERAL HOME LOAN BANK (FHLB) - Summary of Advances from FHLB (Parenthetical) (Detail) - Weighted Average [Member]	Jun. 30, 2017	Dec. 31, 2016
long term debt [member]
Short Term Debt [Line Items]
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Interest Rate at Period End	1.61%	1.49%
short term debt [member]
Short Term Debt [Line Items]
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Interest Rate at Period End	1.32%	0.78%

ADVANCES FROM THE FEDERAL HO127

ADVANCES FROM THE FEDERAL HOME LOAN BANK (FHLB) - Advances from FHLB Mature (Detail) $ in Thousands	Jun. 30, 2017USD ($)
One to thirty days
Federal Home Loan Bank Advances Branch Of F H L B Bank [Line Items]
Federal Home Loan Bank Advances	$ 110,000
Over thrity days to ninety days
Federal Home Loan Bank Advances Branch Of F H L B Bank [Line Items]
Federal Home Loan Bank Advances	100,000
Over six months to one year
Federal Home Loan Bank Advances Branch Of F H L B Bank [Line Items]
Federal Home Loan Bank Advances	0
Over one to three years
Federal Home Loan Bank Advances Branch Of F H L B Bank [Line Items]
Federal Home Loan Bank Advances	345,000
Over three months to six months
Federal Home Loan Bank Advances Branch Of F H L B Bank [Line Items]
Federal Home Loan Bank Advances	0
Over Three to four years [Member]
Federal Home Loan Bank Advances Branch Of F H L B Bank [Line Items]
Federal Home Loan Bank Advances	$ 120,000

ADVANCES FROM THE FEDERAL HO128

ADVANCES FROM THE FEDERAL HOME LOAN BANK (FHLB) - Additional Information (Detail) $ in Billions	Jun. 30, 2017USD ($)
Federal Home Loan Bank Advances Branch Of F H L B Bank [Line Items]
Credit facility based on collateral pledged	$ 772.7

OTHER BORROWINGS - Components o

OTHER BORROWINGS - Components of Other Borrowings (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Junior subordinated debentures due in 2034	$ 216,187	$ 216,187
Junior Subordinated Debentures Bearing Interest At Floating Rate Of Two Point Seventy Five [Member]
Debt Instrument [Line Items]
Junior subordinated debentures due in 2034	97,630	97,630
Junior Subordinated Debentures Bearing Interest At Floating Rate Of Two Point Fifty Percent [Member]
Debt Instrument [Line Items]
Junior subordinated debentures due in 2034	$ 118,557	$ 118,557

OTHER BORROWINGS - Component130

OTHER BORROWINGS - Components of Other Borrowings (Parenthetical) (Detail)	3 Months Ended	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
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	4.01%	4.01%	3.74%
Subordinated Borrowing Due Date	Jun. 17, 2034	Jun. 17, 2034
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	3.77%	3.77%	3.50%
Subordinated Borrowing Due Date	Sep. 20, 2034	Sep. 20, 2034
Callable step-rate notes rate	2.50%

STOCKHOLDERS' EQUITY - Addition

STOCKHOLDERS' EQUITY - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Dec. 31, 2016	Jun. 30, 2015	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2018	May 10, 2017	Feb. 07, 2017
Class Of Stock [Line Items]
Common stock, shares authorized	2,000,000,000		2,000,000,000
Common stock, par value	$ 0.1		$ 0.1
Common stock, shares issued	218,700,394		219,928,329
Common stock, shares outstanding	217,446,205		215,963,916
Granted shares of restricted stock			954,976
Corporation has authorized shares of preferred stock	50,000,000		50,000,000
Preferred stock, par value			$ 1
Stock repurchase plan treasury stock	1,254,189		3,964,413
Legal surplus reserve rate			10.00%
Original amount contributed in percentage			20.00%
Repurchased of common stock			326,653	186,703
Liquidation value per share			$ 25
Legal surplus reserve amount	$ 52,436		$ 52,436
Secondary Offering Of Common Stock							20,000,000
Conversion Of Stock Shares Issued1		852,831
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number	4,178,791		1,834,152
Trust Preferred Securities Exchanged Liquidation Value		$ 5,300
Legal Surplus Amount Additions	$ 9,600
Purchase Of Common Stock Secondary Offering							3,000,000
Secondary Offering of Common Stock And Additional Shares Purchased							23,000,000
Omnibus Plan [Member]
Class Of Stock [Line Items]
Restricted stock available for issuance			7,984,812
Restricted Stock [Member]
Class Of Stock [Line Items]
Repurchased of common stock			235,680	51,754
First Fifty Percentage Restricted Stock Nonvest Awards [Member]
Class Of Stock [Line Items]
Percentage of restricted stock lapse					50.00%
Other Fifty Percentage Restricted Stock Nonvest Awards [Member]
Class Of Stock [Line Items]
Percentage of restricted stock lapse					50.00%
Thomas H Lee Partners [Member]
Class Of Stock [Line Items]
Percentage Of Stock Ownership			9.30%
Secondary Offering Of Common Stock							10,000,000
Oaktree Capital Management [Member]
Class Of Stock [Line Items]
Percentage Of Stock Ownership			9.30%
Secondary Offering Of Common Stock							10,000,000
Department Of Treasury [Member]
Class Of Stock [Line Items]
Secondary Offering Of Common Stock						10,291,553
Series A Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred stock dividend rate percentage			7.125%
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

STOCKHOLDERS' EQUITY - Exchange offer with respect to Series A through E preferred stock (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2017	Dec. 31, 2016
Class Of Stock [Line Items]
Liquidation value per share		$ 25
Preferred stock, shares outstanding		1,444,146	1,444,146
Preferred Stock Value		$ 36,104	$ 36,104
Conversion Of Stock Shares Issued1	852,831
Series A Preferred Stock [Member]
Class Of Stock [Line Items]
Preferred stock dividend rate percentage		7.125%
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 Infor

INCOME TAXES - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Income Tax Contingency [Line Items]
Valuation allowance	$ 190,000			$ 190,000
Percentage of dividend received deduction from controlled subsidiaries				100.00%
Percentage of dividend received from other taxable domestic corporations				85.00%
Income tax expense	9,290		$ 7,523	$ 1,217	$ 13,246
Deferred Tax Assets Net	280,900			$ 280,900
Minimum percentage of bank net taxable income for paying Income tax at normal rate				20.00%
Effective Tax Rate Pretax Losses				24.00%	22.00%
Effective Income Tax Rate Continuing Operations				14.00%
Income Tax Benefit Change In Tax Status		$ 13,200
Effective Income Tax Rate Excluding Discrete Items				25.00%	24.00%
Puerto Rico [Member]
Income Tax Contingency [Line Items]
Statute of limitations under income tax act				4 years
United States [Member]
Income Tax Contingency [Line Items]
Statute of limitations under income tax act				3 years
Virgin Islands [Member]
Income Tax Contingency [Line Items]
Statute of limitations under income tax act				3 years
FirstBank [Member]
Income Tax Contingency [Line Items]
Valuation allowance	149,800			$ 149,800		$ 171,000
Deferred Tax Assets Net	$ 280,700			$ 280,700		$ 277,400
Valuation Allowance Deferred Tax Asset Change In Amount		(13,900)
FirstBank Insurance [Member]
Income Tax Contingency [Line Items]
Deferred Tax Asset Change In Amount		$ 700

FAIR VALUE - Additional Informa

FAIR VALUE - Additional Information (Detail)	Jun. 30, 2017USD ($)
Debt Instrument [Line Items]
Maximum amount of interest in brokered CD sold by broker	$ 250,000

FAIR VALUE - Assets and Liabili

FAIR VALUE - Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Securities available for sale
Investment securities available for sale	$ 1,760,045	$ 1,881,920
Derivatives, included in assets:
Derivatives, included in assets	398	554
Derivatives, included in liabilities:
Derivatives, included in liabilities	290	753
Forward Contracts [Member]
Derivatives, included in liabilities:
Derivatives, included in liabilities	30	201
Equity Securities [Member]
Securities available for sale
Investment securities available for sale	415	408
U S Treasury Securities [Member]
Securities available for sale
Investment securities available for sale	7,431	7,509
Us Government Agencies Debt Securities Noncallable [Member]
Securities available for sale
Investment securities available for sale	365,710	356,919
Us Government Agencies Debt Securities Callable [Member]
Securities available for sale
Investment securities available for sale	1,362,542	1,469,463
US States And Political Subdivisions Member [Member]
Securities available for sale
Investment securities available for sale	5,646	26,828
Private Label Mbs [Member]
Securities available for sale
Investment securities available for sale	18,201	20,693
Interest Rate Cap [Member] | Purchase
Derivatives, included in assets:
Derivatives, included in assets	261	554
Interest Rate Cap [Member] | Written
Derivatives, included in liabilities:
Derivatives, included in liabilities	260	552
Forward And Future Contracts [Member] | Purchase
Derivatives, included in assets:
Derivatives, included in assets	137
Other Available For Sale Securities [Member]
Securities available for sale
Investment securities available for sale	100	100
Fair Value Inputs Level 1 [Member] | Forward Contracts [Member]
Derivatives, included in liabilities:
Derivatives, included in liabilities	0	0
Fair Value Inputs Level 1 [Member] | Equity Securities [Member]
Securities available for sale
Investment securities available for sale	415	408
Fair Value Inputs Level 1 [Member] | U S Treasury Securities [Member]
Securities available for sale
Investment securities available for sale	7,431	7,509
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] | Purchase
Derivatives, included in assets:
Derivatives, included in assets	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] | Forward Contracts [Member]
Derivatives, included in liabilities:
Derivatives, included in liabilities	30	201
Fair Value Inputs Level 2 [Member] | Equity 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	365,710	356,919
Fair Value Inputs Level 2 [Member] | Us Government Agencies Debt Securities Callable [Member]
Securities available for sale
Investment securities available for sale	1,362,542	1,469,463
Fair Value Inputs Level 2 [Member] | US States And Political Subdivisions Member [Member]
Securities available for sale
Investment securities available for sale	4,176	24,707
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	261	554
Fair Value Inputs Level 2 [Member] | Interest Rate Cap [Member] | Written
Derivatives, included in liabilities:
Derivatives, included in liabilities	260	552
Fair Value Inputs Level 2 [Member] | Forward And Future Contracts [Member] | Purchase
Derivatives, included in assets:
Derivatives, included in assets	137
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] | Forward Contracts [Member]
Derivatives, included in liabilities:
Derivatives, included in liabilities	0	0
Fair Value Inputs Level 3 [Member] | Equity 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	1,470	2,121
Fair Value Inputs Level 3 [Member] | Private Label Mbs [Member]
Securities available for sale
Investment securities available for sale	18,201	20,693
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] | Purchase
Derivatives, included in assets:
Derivatives, included in assets	0
Fair Value Inputs Level 3 [Member] | Other Available For Sale Securities [Member]
Securities available for sale
Investment securities available for sale	$ 100	$ 100

FAIR VALUE - Fair Value of Asse

FAIR VALUE - Fair Value of Assets and Liabilities Measured on Recurring Basis (Detail) - USD ($) $ in Thousands		3 Months Ended				6 Months Ended
		Jun. 30, 2017		Jun. 30, 2016		Jun. 30, 2017		Jun. 30, 2016
Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Beginning balance		$ 21,382	[1]	$ 26,663	[1]	$ 22,914	[2]	$ 27,297	[2]
Total gains or (losses) (realized/unrealized):
Included in earnings	[2]					0		(387)
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss		228	[1]	558	[1]	746	[2]	1,816	[2]
Principal Repayments		(1,839)	[1]	(1,201)	[1]	(3,889)	[2]	(2,706)	[2]
Ending balance		19,771		26,020		19,771		26,020
Available for Sale Securities
Total gains or (losses) (realized/unrealized):
Included in earnings		$ 0		$ 0		$ 0		$ (387)
[1]	Amounts mostly related to private label mortgage-backed securities.
[2]	Amounts mostly related to private label mortgage-backed securities.

FAIR VALUE - Assets and Liab137

FAIR VALUE - Assets and Liabilities Measured at Fair Value on Recurring Basis Using Significant Unobservable Inputs (Level 3) (Detail) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Discount rate used for calculation of mortgage servicing rights value		14.30%	14.10%
Fair value input prepayment rate		15.30%	13.80%
Private Label Mbs [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair Value	$ 18,201	$ 18,201
Discount rate used for calculation of mortgage servicing rights value	14.30%
Private Label Mbs [Member] | Discounted Cash Flow [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Valuation technique		Discounted cash flow
US States And Political Subdivisions Member [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair Value	$ 1,470	$ 1,470
Unobservable input prepayment rate	3.00%	3.00%
US States And Political Subdivisions Member [Member] | Discounted Cash Flow [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Valuation technique		Discounted cash flow
Minimum [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Discount rate used for calculation of mortgage servicing rights value			12.88%
Fair value input prepayment rate		12.50%	6.50%
Minimum [Member] | Private Label Mbs [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Unobservable input prepayment rate	12.50%	12.50%
Fair value projected Cumulative Loss Rate	0.10%	0.10%
Maximum [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Discount rate used for calculation of mortgage servicing rights value			14.43%
Fair value input prepayment rate		25.00%	22.50%
Maximum [Member] | Private Label Mbs [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Unobservable input prepayment rate	25.00%	25.00%
Fair value projected Cumulative Loss Rate	6.80%	6.80%
Weighted Average [Member] | Private Label Mbs [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value input prepayment rate	15.30%
Unobservable input projected cumulative loss rate	3.60%	3.60%

FAIR VALUE - Change in unrealiz

FAIR VALUE - Change in unrealized losses included in earnings (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Included in earnings	[1]			$ 0	$ (387)
Available for Sale Securities
Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Included in earnings		$ 0	$ 0	$ 0	$ (387)
[1]	Amounts mostly related to private label mortgage-backed securities.

FAIR VALUE - Impairment of Valu

FAIR VALUE - Impairment of Valuation Adjustments were Recorded for Assets Recognized at Fair Value (Detail) - USD ($) $ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2017

Jun. 30, 2016

Mar. 31, 2017

Dec. 31, 2016

Mar. 31, 2016

Dec. 31, 2015

Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]

Mortgage servicing rights

$ 26,502

$ 25,044

$ 26,502

$ 25,044

$ 26,330

$ 26,244

$ 24,692

$ 24,282

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

(5,341)

[1]

(7,870)

[2]

(22,707)

[1]

(27,536)

[2]

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

(3,237)

[3]

(3,436)

[4]

(6,873)

[3]

(5,727)

[4]

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

(197)

[5]

(151)

[6]

(357)

[5]

(124)

[6]

Fair Value Inputs Level 1 [Member]

Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]

Loans receivable

0

[1]

0

[2]

0

[1]

0

[2]

Other Real Estate Owned

0

[3]

0

[4]

0

[3]

0

[4]

Mortgage servicing rights

0

[5]

0

[6]

0

[5]

0

[6]

Fair Value Inputs Level 2 [Member]

Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]

Loans receivable

0

[1]

0

[2]

0

[1]

0

[2]

Other Real Estate Owned

0

[3]

0

[4]

0

[3]

0

[4]

Mortgage servicing rights

0

[5]

0

[6]

0

[5]

0

[6]

Fair Value Inputs Level 3 [Member]

Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]

Loans receivable

359,302

[1]

464,467

[2]

359,302

[1]

464,467

[2]

Other Real Estate Owned

150,045

[3]

139,159

[4]

150,045

[3]

139,159

[4]

Mortgage servicing rights

$ 26,502

[5]

$ 25,044

[6]

$ 26,502

[5]

$ 25,044

[6]

[1]

Consist mainly of impaired commercial and construction loans. The impairment was generally measured based on the fair value of the collateral. The fair value was 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]

Consist mainly of impaired commercial and construction loans. The impairment was generally measured based on the fair value of the collateral. The fair value was 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.

[3]

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), that are not market observable. Losses were related to market valuation adjustments after the transfer of the loans to the OREO portfolio.

[4]

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), that are not market observable. Losses were related to market valuation adjustments after the transfer of the loans to the OREO portfolio.

[5]

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 include: Prepayment rate of 6.23%, Discount Rate of 11.21%.

[6]

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 include: Prepayment Rate of 10.56%, Discount Rate of 10.67%.

FAIR VALUE - Impairment of V140

FAIR VALUE - Impairment of Valuation Adjustments were Recorded for Assets Recognized at Fair Value (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Dec. 31, 2016
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Repayment rate used for the calculation of mortgage servicing rights value			15.30%	13.80%
Discount rate used for calculation of mortgage servicing rights value			14.30%	14.10%
Loans held for sale	$ 37,272		$ 37,272	$ 50,006
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	6.23%	10.56%
Discount rate used for calculation of mortgage servicing rights value	11.21%	10.67%

FAIR VALUE - Qualitative Inform

FAIR VALUE - Qualitative Information Regarding Fair Value Measurements for Level 3 Financial Instruments (Detail)	3 Months Ended
	Jun. 30, 2017
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 6.23%; weighted average discount rate of 11.21%

FAIR VALUE - Fair Value (Detail

FAIR VALUE - Fair Value (Detail) - USD ($) $ in Thousands	Jun. 30, 2017		Dec. 31, 2016	Jun. 30, 2016	[2]
Assets:
Investment securities available for sale	$ 1,760,045		$ 1,881,920
Held To Maturity Securities	156,049		156,190
Less: allowance for loan and lease losses	(173,485)		(205,603)
Derivatives, included in assets	398		554
Liabilities:
Other borrowings	216,187		216,187
Derivatives, included in liabilities	290		753
Fair Value Inputs Level 1 [Member]
Assets:
Loans held for investment, net of allowance	0	[1]		$ 0
Fair Value Inputs Level 2 [Member]
Assets:
Loans held for investment, net of allowance	0	[1]		0
Fair Value Inputs Level 3 [Member]
Assets:
Loans held for investment, net of allowance	359,302	[1]		$ 464,467
Carrying Reported Amount Fair Value Disclosure [Member]
Assets:
Cash and due from banks and money market investments	432,564		299,685
Investment securities available for sale	1,760,045		1,881,920
Held To Maturity Securities	156,049		156,190
Other equity securities	43,072		42,992
Loans held for sale	37,272		50,006
Loans, held for investment	8,861,176		8,886,873
Less: allowance for loan and lease losses	(173,485)		(205,603)
Loans held for investment, net of allowance	8,687,691		8,681,270
Derivatives, included in assets	398		554
Liabilities:
Deposits	8,742,893		8,831,205
Securities sold under agreements to repurchase	300,000		300,000
Advances from FHLB	675,000		670,000
Other borrowings	216,187		216,187
Derivatives, included in liabilities	290		753
Estimate Of Fair Value Fair Value Disclosure [Member]
Assets:
Cash and due from banks and money market investments	432,564		299,685
Investment securities available for sale	1,760,045		1,881,920
Held To Maturity Securities	134,944		132,759
Other equity securities	43,072		42,992
Loans held for sale	39,805		52,707
Loans held for investment, net of allowance	8,403,999		8,455,104
Derivatives, included in assets	398		554
Liabilities:
Deposits	8,750,833		8,838,606
Securities sold under agreements to repurchase	333,114		335,840
Advances from FHLB	674,573		669,687
Other borrowings	187,612		171,374
Derivatives, included in liabilities	290		753
Estimate Of Fair Value Fair Value Disclosure [Member] | Fair Value Inputs Level 1 [Member]
Assets:
Cash and due from banks and money market investments	432,564		299,685
Investment securities available for sale	7,846		7,917
Held To Maturity Securities	0		0
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	1,732,428		1,851,089
Held To Maturity Securities	0		0
Other equity securities	43,072		42,992
Loans held for sale	30,019		42,921
Loans held for investment, net of allowance	0		0
Derivatives, included in assets	398		554
Liabilities:
Deposits	8,750,833		8,838,606
Securities sold under agreements to repurchase	333,114		335,840
Advances from FHLB	674,573		669,687
Other borrowings	0		0
Derivatives, included in liabilities	290		753
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	19,771		22,914
Held To Maturity Securities	134,944		132,759
Other equity securities	0		0
Loans held for sale	9,786		9,786
Loans held for investment, net of allowance	8,403,999		8,455,104
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	187,612		171,374
Derivatives, included in liabilities	$ 0		$ 0
[1]	Consist mainly of impaired commercial and construction loans. The impairment was generally measured based on the fair value of the collateral. The fair value was 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]	Consist mainly of impaired commercial and construction loans. The impairment was generally measured based on the fair value of the collateral. The fair value was 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 INFOR143

SUPPLEMENTAL CASH FLOW INFORMATION - Supplemental Cash Flow Information (Detail) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2017	Jun. 30, 2016
Cash paid for:
Interest on borrowings				$ 44,613	$ 77,960
Income tax				2,389	558
Non-cash investing and financing activities:
Additions to other real estate owned				37,756	22,018
Additions to auto repossesions				22,731	28,658
Loan securitizations				131,808	146,277
Capitalization of servicing assets	$ 1,049	$ 1,297		1,924	2,458
Trust Preferred Securities Exchanged Liquidation Value			$ 5,300
Transfer Of Loans Held For Sale To Portfolio Loans 1				10,206	0
Property Plant And Equipment Transferred To Other Assets				$ 1,185	$ 0

SEGMENT INFORMATION - Additiona

SEGMENT INFORMATION - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2017numberofreportableunits
Number of reportable segments	6

SEGMENT INFORMATIO - Informatio

SEGMENT INFORMATIO - Information about reportable segments (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Segment Reporting Information [Line Items]
Interest income	$ 147,374	$ 146,934	$ 292,602	$ 297,765
Net (charge) credit for transfer of funds	0	0	0	0
Interest expense	(23,470)	(26,706)	(46,149)	(52,889)
Net interest income	123,904	120,228	246,453	244,876
(Provision) release for loan and lease losses	(18,096)	(20,986)	(43,538)	(42,039)
Non-interest income (loss)	20,549	19,778	28,792	38,247
Direct non-interest expenses	(63,461)	(66,241)	(125,941)	(134,127)
Segment income	62,896	52,779	105,766	106,957
Average earnings assets	10,980,018	11,769,157	10,987,048	11,736,912
Mortgage Banking [Member]
Segment Reporting Information [Line Items]
Interest income	33,086	35,041	67,044	70,260
Net (charge) credit for transfer of funds	(11,500)	(12,675)	(23,198)	(25,599)
Interest expense	0	0	0	0
Net interest income	21,586	22,366	43,846	44,661
(Provision) release for loan and lease losses	(11,167)	(11,608)	(20,103)	(17,748)
Non-interest income (loss)	4,764	4,672	8,350	9,159
Direct non-interest expenses	(9,622)	(10,131)	(19,501)	(20,964)
Segment income	5,561	5,299	12,592	15,108
Average earnings assets	2,471,666	2,577,067	2,486,280	2,589,671
Consumer Retail Banking [Member]
Segment Reporting Information [Line Items]
Interest income	43,369	45,134	86,286	91,200
Net (charge) credit for transfer of funds	6,546	3,854	11,448	7,736
Interest expense	(6,183)	(6,280)	(12,083)	(12,442)
Net interest income	43,732	42,708	85,651	86,494
(Provision) release for loan and lease losses	(7,767)	(7,259)	(14,909)	(15,796)
Non-interest income (loss)	12,153	11,290	25,982	24,026
Direct non-interest expenses	(28,066)	(28,029)	(55,484)	(60,118)
Segment income	20,052	18,710	41,240	34,606
Average earnings assets	1,772,605	1,978,803	1,776,384	1,998,955
Commercial And Corporate [Member]
Segment Reporting Information [Line Items]
Interest income	30,364	31,386	59,775	64,934
Net (charge) credit for transfer of funds	(9,012)	(5,416)	(18,323)	(11,512)
Interest expense	0	0	0	0
Net interest income	21,352	25,970	41,452	53,422
(Provision) release for loan and lease losses	770	(2,020)	(7,285)	(9,568)
Non-interest income (loss)	1,171	913	1,958	1,474
Direct non-interest expenses	(9,771)	(11,659)	(19,138)	(21,323)
Segment income	13,522	13,204	16,987	24,005
Average earnings assets	2,482,323	2,653,482	2,513,270	2,527,919
Treasury And Investments [Member]
Segment Reporting Information [Line Items]
Interest income	14,657	12,917	28,414	26,677
Net (charge) credit for transfer of funds	14,427	13,861	30,660	28,387
Interest expense	(12,112)	(15,872)	(23,918)	(31,341)
Net interest income	16,972	10,906	35,156	23,723
(Provision) release for loan and lease losses	0	0	0	0
Non-interest income (loss)	438	62	(11,732)	(2,339)
Direct non-interest expenses	(969)	(1,498)	(2,176)	(2,548)
Segment income	16,441	9,470	21,248	18,836
Average earnings assets	2,142,975	2,780,102	2,150,097	2,845,682
United States Operations [Member]
Segment Reporting Information [Line Items]
Interest income	16,675	13,423	32,464	26,147
Net (charge) credit for transfer of funds	(461)	376	(587)	988
Interest expense	(4,372)	(3,714)	(8,567)	(7,403)
Net interest income	11,842	10,085	23,310	19,732
(Provision) release for loan and lease losses	(131)	(251)	(96)	(461)
Non-interest income (loss)	574	732	1,079	1,915
Direct non-interest expenses	(8,115)	(8,253)	(15,974)	(15,514)
Segment income	4,170	2,313	8,319	5,672
Average earnings assets	1,501,169	1,171,788	1,447,490	1,156,209
Virgin Islands Operations [Member]
Segment Reporting Information [Line Items]
Interest income	9,223	9,033	18,619	18,547
Net (charge) credit for transfer of funds	0	0	0	0
Interest expense	(803)	(840)	(1,581)	(1,703)
Net interest income	8,420	8,193	17,038	16,844
(Provision) release for loan and lease losses	199	152	(1,145)	1,534
Non-interest income (loss)	1,449	2,109	3,155	4,012
Direct non-interest expenses	(6,918)	(6,671)	(13,668)	(13,660)
Segment income	3,150	3,783	5,380	8,730
Average earnings assets	$ 609,280	$ 607,915	$ 613,527	$ 618,476

SEGMENT INFORMATION - Reconcili

SEGMENT INFORMATION - Reconciliation of Reportable Segment Financial Information (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Net Income (Loss):
Segment income		$ 62,896	$ 52,779	$ 105,766	$ 106,957
Other operating expenses	[1]	(25,608)	(23,303)	(51,010)	(48,414)
Income before income taxes		37,288	29,476	54,756	58,543
Income tax expense		(9,290)	(7,523)	(1,217)	(13,246)
Total consolidated net income (loss)		27,998	21,953	53,539	45,297
Average assets:
Total average earning assets for segments		10,980,018	11,769,157	10,987,048	11,736,912
Average non-earning assets		900,622	972,711	893,785	961,237
Total consolidated average assets		$ 11,880,640	$ 12,741,868	$ 11,880,833	$ 12,698,149
[1]	Expenses pertaining to corporate administrative functions that support the operating segments 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, COMMITME147

REGULATORY MATTERS, COMMITMENTS AND CONTINGENCIES - Additional Information (Detail) - USD ($)	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016	Mar. 31, 2016
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
FDIC Deposits Insurance Assesment Surcharge			$ 0.045
Commitments To Extent Credit	$ 1,200,000,000
Credit Cards [Member]
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Commitments To Extent Credit	681,300,000
Commercial And Financial Standby Letters Of Credit [Member]
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Commitments To Extent Credit	$ 38,300,000
Basel III [Member]
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Common Equity Tier 1 Capital Conservation Buffer	2.50%
Basel III [Member] | Minimum [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 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	0.625%
FirstBank [Member]
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Leverage ratio	15.53%	15.10%
Tier 1 risk based capital ratio	20.43%	19.53%
Total Risk Based Capital Ratio	21.70%	20.80%
Tier 1 risk based capital ratio to be considered well capitalzed under PCA	8.00%	8.00%
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	17.37%	16.92%

REGULATORY MATTERS, COMMITME148

REGULATORY MATTERS, COMMITMENTS AND CONTINGENCIES- Regulatory Capital Positions (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Holding Company [Member]
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Capital	$ 1,969,487	$ 1,921,329
Tier One Risk Based Capital	1,647,977	1,597,117
Tier One Leverage Capital	1,647,977	1,597,117
Capital Required For Capital Adequacy	708,370	720,329
Tier One Risk Based Capital Required For Capital Adequacy	531,277	540,247
Tier One Leverage Capital Required For Capital Adequacy	$ 466,291	$ 466,376
Capital To Risk Weighted Assets	22.24%	21.34%
Tier One Risk Based Capital To Risk Weighted Assets	18.61%	17.74%
Tier One Leverage Capital To Average Assets	14.14%	13.70%
Capital Required For Capital Adequacy To Risk Weighted Assets	8.00%	8.00%
Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets	6.00%	6.00%
Tier One Leverage Capital Required For Capital Adequacy To Average Assets	4.00%	4.00%
Common Equity Tier1 Capital To Risk Weight Assets Ratio	18.61%	17.74%
Common Equity Tier 1 Capital To Risk Weight Assets	$ 1,647,977	$ 1,597,117
Common Equity Tier 1 Capital To Risk Weight Assets Ratio Capital Adequacy	4.50%	4.50%
Common Equity Tier 1 Capital To Risk Weight Assets Capital Adequacy	$ 398,458	$ 405,185
FirstBank [Member]
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Capital	1,920,418	1,872,120
Tier One Risk Based Capital	1,808,647	1,757,642
Tier One Leverage Capital	1,808,647	1,757,642
Capital Required For Capital Adequacy	708,102	720,091
Tier One Risk Based Capital Required For Capital Adequacy	531,077	540,068
Tier One Leverage Capital Required For Capital Adequacy	465,716	465,740
Capital Required To Be Well Capitalized	885,128	900,114
Tier One Risk Based Capital Required To Be Well Capitalized	$ 708,102	$ 720,091
Capital To Risk Weighted Assets	21.70%	20.80%
Tier One Risk Based Capital To Risk Weighted Assets	20.43%	19.53%
Tier One Leverage Capital To Average Assets	15.53%	15.10%
Capital Required For Capital Adequacy To Risk Weighted Assets	8.00%	8.00%
Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets	6.00%	6.00%
Tier One Leverage Capital Required For Capital Adequacy To Average Assets	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%	8.00%
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	$ 582,146	$ 582,174
Common Equity Tier1 Capital To Risk Weight Assets Ratio	17.37%	16.92%
Common Equity Tier 1 Capital To Risk Weight Assets	$ 1,537,714	$ 1,523,332
Common Equity Tier 1 Capital To Risk Weight Assets Ratio Capital Adequacy	4.50%	4.50%
Common Equity Tier 1 Capital To Risk Weight Assets Capital Adequacy	$ 398,308	$ 405,051
Common Equity Tier 1 Capital To Risk Weight Assets Well Capitalized	$ 575,333	$ 585,074
Common Equity Tier 1 Capital To Risk Weight Assets Ratio Well Capitalized	6.50%	6.50%

FIRST BANCORP. (Holding Comp149

FIRST BANCORP. (Holding Company Only) Financial Information - Statements of Financial Condition (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
ASSETS
Cash and due from banks	$ 422,150	$ 289,591	$ 617,827
Money market investments	10,414	10,094	210,087
Investment securities available for sale, at market:
Other investment securities	1,409,819	1,542,530
Carrying Value Of Other Equity Security	2,200	2,200
Loans Receivable, net	8,724,963	8,731,276
Other assets	455,985	476,430
Total assets	11,913,800	11,922,455
Liabilities:
Other borrowings	216,187	216,187
Accounts payable and other liabilities	119,810	118,820
Total liabilities	10,053,890	10,136,212
Stockholders Equity	1,859,910	1,786,243	$ 1,786,453
Total liabilities and stockholders' equity	11,913,800	11,922,455
Holding Company [Member]
ASSETS
Cash and due from banks	25,624	29,393
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	208	227
Other assets	4,017	3,791
Total assets	2,076,853	2,003,449
Liabilities:
Other borrowings	216,187	216,187
Accounts payable and other liabilities	756	1,019
Total liabilities	216,943	217,206
Stockholders Equity	1,859,910	1,786,243
Total liabilities and stockholders' equity	2,076,853	2,003,449
Holding Company [Member] | Investment In Banking Subsidiary [Member]
Investment securities available for sale, at market:
Equity Method Investments	2,019,899	1,946,211
Holding Company [Member] | Non Banking Subsidiary [Member]
Investment securities available for sale, at market:
Equity Method Investments	14,219	10,941
Holding Company [Member] | Statutory Trust One [Member]
Investment securities available for sale, at market:
Equity Method Investments	2,929	2,929
Holding Company [Member] | Statutory Trust Two [Member]
Investment securities available for sale, at market:
Equity Method Investments	$ 3,561	$ 3,561

FIRST BANCORP. (Holding Comp150

FIRST BANCORP. (Holding Company Only) Financial Information - Statements of Loss (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income:
Interest income on investment securities	$ 13,950,000	$ 13,552,000	$ 27,252,000	$ 28,171,000
Other Interest And Dividend Income	727,000	1,271,000	1,211,000	2,344,000
Expense:
Impairement on equity securities	371,000	0	371,000	8,000
Gains Losses On Extinguishment Of Debt	0	0	0	4,217,000
Segment income	62,896,000	52,779,000	105,766,000	106,957,000
Income tax expense	(9,290,000)	(7,523,000)	(1,217,000)	(13,246,000)
Net income	27,998,000	21,953,000	53,539,000	45,297,000
Other comprehensive income, net of tax	9,065,000	13,875,000	19,761,000	44,266,000
Comprehensive (loss) income	37,063,000	35,828,000	73,300,000	89,563,000
Holding Company [Member]
Income:
Other Interest And Dividend Income	5,000	5,000	10,000	10,000
Other income	66,000	63,000	128,000	123,000
Total interest income	1,871,000	31,226,000	3,738,000	38,291,000
Expense:
Notes payable and other borrowings	2,065,000	1,982,000	4,027,000	3,960,000
Other operating expenses	699,000	978,000	1,666,000	1,628,000
Total operating expenses	2,764,000	2,960,000	5,693,000	5,588,000
Gains Losses On Extinguishment Of Debt	0	0	0	4,217,000
Segment income	(893,000)	28,266,000	(1,955,000)	36,920,000
Equity in undistributed earnings (losses) of subsidiaries	28,891,000	(6,313,000)	55,494,000	8,377,000
Net income	27,998,000	21,953,000	53,539,000	45,297,000
Other comprehensive income, net of tax	9,065,000	13,875,000	19,761,000	44,266,000
Comprehensive (loss) income	37,063,000	35,828,000	73,300,000	89,563,000
Investment In Banking Subsidiary [Member] | Holding Company [Member]
Income:
Dividend Income From Subsidiaries	1,800,000	31,158,000	3,600,000	31,158,000
Non Banking Subsidiary [Member] | Holding Company [Member]
Income:
Dividend Income From Subsidiaries	$ 0	$ 0	$ 0	$ 7,000,000

SUBSEQUENT EVENTS- Additional i

SUBSEQUENT EVENTS- Additional information (Detail) - shares	May 10, 2017	Feb. 07, 2017
Subsequent Event [Line Items]
Secondary Offering Of Common Stock		20,000,000
Department Of Treasury [Member]
Subsequent Event [Line Items]
Secondary Offering Of Common Stock	10,291,553