v3.26.1
DEPOSITS
 3 Months Ended
Mar. 31, 2026
DEPOSITS [Abstract]  
DEPOSITS
NOTE 6 – DEPOSITS
The following table summarizes deposit balances as of the indicated dates:
March 31, 2026
December 31, 2025
(In thousands)
Type of account:
Non-interest-bearing deposit accounts
$
5,554,751
$
5,549,416
Interest-bearing checking accounts
3,545,690
3,512,649
Interest-bearing saving accounts
3,505,401
3,452,192
Time deposits
3,482,968
3,562,331
Brokered CDs
507,011
593,555
Total
$
16,595,821
$
16,670,143
The following table presents the remaining contractual maturities of time deposits,
including brokered CDs, as of March 31, 2026:
Total
(In thousands)
Three months or less
$
937,286
Over three months to six months
789,420
Over six months to one year
1,372,283
Over one year to two years
665,539
Over two years to three years
126,660
Over three years to four years
41,270
Over four years to five years
41,715
Over five years
15,806
Total
$
3,989,979
Total
Puerto
Rico
and
U.S.
time
deposits
with
balances
of
more
than
$250,000
amounted
to
$
1.7
billion
and
$
1.8
billion
as
of
March 31, 2026
and December 31,
2025, respectively.
This amount does
not include brokered
CDs that are
generally participated
out
by
brokers
in
shares
of
less
than
the
FDIC
insurance
limit.
As
of
March
31,
2026
and
December
31,
2025,
unamortized
broker
placement
fees
amounted
to
$
0.8
million
and
$
0.9
million,
respectively,
which
are
amortized
over
the
contractual
maturity
of
the
brokered CDs under the interest method.