Popular (BPOP) 10-Q 8 Nov 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2019	Nov. 05, 2019
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Entity File Number	001-34084
Entity Registrant Name	POPULAR, INC.
Entity Incorporation State Country Code	PR
Entity TaxI dentification Number	66-0667416
Entity Address Address Line 1	Popular Center Building
Entity Address Address Line 2	209 Muñoz Rivera Avenue
Entity Address City Or Town	Hato Rey
Entity Address Country	PR
Entity Address Postal Zip Code	00918
City Area Code	787
Local Phone Number	765-9800
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock Shares Outstanding		96,739,607
Entity Central Index Key	0000763901
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Common Stock
Entity Listings
Security 12b Title	Common Stock ($0.01 par value)
Trading Symbol	BPOP
Security Exchange Name	NASDAQ
6.70% Cumulative Monthly Income Trust Preferred Securities
Entity Listings
Security 12b Title	6.70% Cumulative Monthly Income Trust Preferred Securities
Trading Symbol	BPOPN
Security Exchange Name	NASDAQ
Cumulative Preferred Stock 6.125%
Entity Listings
Security 12b Title	6.125% Cumulative Monthly Income Trust Preferred Securities
Trading Symbol	BPOPM
Security Exchange Name	NASDAQ

CONSOLIDATED STATEMENTS OF COND

CONSOLIDATED STATEMENTS OF CONDITION - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Assets:
Cash and due from banks	$ 502,060,000	$ 394,035,000
Money market investments:
Time deposits with other banks	5,168,585,000	4,171,048,000
Total money market investments	5,168,585,000	4,171,048,000
Trading account debt securities, at fair value:
Pledged securities with creditors' right to repledge	605,000	598,000
Other trading account debt securities	35,698,000	37,189,000
Debt securities available-for-sale, at fair value:
Pledged securities with creditors' right to repledge	222,806,000	280,502,000
Other debt securities available-for-sale	16,256,304,000	13,019,682,000
Debt securities held-to-maturity, at amortized cost (fair value 2019 - $105,834; 2018 - $102,653)	97,707,000	101,575,000
Equity securities (realizable value 2019 -$173,771); (2018 - $159,821)	160,458,000	155,584,000
Loans held-for-sale, at lower of cost or fair value	56,370,000	51,422,000
Loans held-in-portfolio:
Loans held-in-portfolio	27,181,241,000	26,663,713,000
Less - Unearned income	173,266,000	155,824,000
Allowance for loan losses	512,365,000	569,348,000
Total loans held-in-portfolio, net	26,495,610,000	25,938,541,000
Premises and equipment, net	547,063,000	569,808,000
Other real estate	117,928,000	136,705,000
Accrued income receivable	164,778,000	166,022,000
Mortgage servicing assets, at fair value	150,652,000	169,777,000
Other Assets	1,811,190,000	1,714,134,000
Goodwill	671,122,000	671,122,000
Other intangible assets	21,479,000	26,833,000
Total assets	52,480,415,000	47,604,577,000
Deposits:
Non-interest bearing	8,771,970,000	9,149,036,000
Interest bearing	35,394,225,000	30,561,003,000
Total deposits	44,166,195,000	39,710,039,000
Assets sold under agreements to repurchase	213,097,000	281,529,000
Other short-term borrowings	0	42,000
Notes payable	1,166,670,000	1,256,102,000
Other liabilities	1,026,005,000	921,808,000
Total liabilities	46,571,967,000	42,169,520,000
Commitments and contingencies	0	0
Stockholders' equity:
Preferred stock, 30,000,000 shares authorized; 2,006,391 shares issued and outstanding	50,160,000	50,160,000
Common stock, $0.01 par value; 170,000,000 shares authorized;104,357,428 shares issued (2018 - 104,320,303) and 96,703,351 shares outstanding (2018 - 99,942,845)	1,044,000	1,043,000
Surplus	4,317,556,000	4,365,606,000
Retained earnings	2,071,198,000	1,651,731,000
Treasury stock - at cost, 7,654,077 shares (2018 - 4,377,458)	(392,630,000)	(205,509,000)
Accumulated other comprehensive loss, net of tax	(138,880,000)	(427,974,000)
Total stockholders' equity	5,908,448,000	5,435,057,000
Total liabilities and stockholders' equity	$ 52,480,415,000	$ 47,604,577,000

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF CONDITION (PARENTHETICAL) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Held To Maturity Securities Fair Value	$ 103,918	$ 102,653
Realizable Value Of Equity Securities	$ 166,451	$ 159,821
Preferred stock, shares authorized	30,000,000	30,000,000
Preferred stock, shares issued	2,006,391	2,006,391
Preferred stock, shares outstanding	2,006,391	2,006,391
Common Stock Par Or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock Shares Authorized	170,000,000	170,000,000
Common Stock Shares Issued	104,375,495	104,320,303
Common Stock Shares Outstanding	96,714,664	99,942,845
Treasury stock	7,660,831	4,377,458

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Interest income:
Loans	$ 453,315	$ 430,637	$ 1,355,232	$ 1,190,498
Money market investments	19,119	27,581	70,873	86,258
Investment securities	99,542	70,147	274,819	185,537
Total interest income	571,976	528,365	1,700,924	1,462,293
Interest expense:
Deposits	78,760	55,134	228,035	139,050
Short-term borrowings	1,572	1,622	4,828	5,387
Long-term debt	14,653	20,140	43,791	59,204
Total interest expense	94,985	76,896	276,654	203,641
Net interest income	476,991	451,469	1,424,270	1,258,652
Provision for loan losses	36,539	54,387	118,555	185,504
Net interest income after provision for loan losses	440,452	397,082	1,305,715	1,073,148
Mortgage banking activities	10,492	11,269	18,645	33,408
Net loss on sale of debt securities	(20)	0	(20)	0
Net gain (loss), including impairment on equity securities	213	370	2,174	(42)
Net profit (loss) on trading account debt securities	295	(122)	977	(299)
Adjustments (expense) to indemnity reserves on loans sold	(3,411)	(3,029)	(1,664)	(6,482)
FDIC loss-share expense	0	0	0	94,725
Other operating income	22,865	40,070	68,432	78,519
Total non-interest income	142,712	151,021	417,468	499,327
Operating expenses:
Personnel costs	147,682	139,757	432,298	389,941
Net occupancy expenses	24,595	18,602	71,431	63,829
Equipment expenses	21,596	18,303	62,624	53,284
Other taxes	14,028	11,923	38,267	33,701
Professional fees	98,561	83,860	281,275	260,748
Communications	5,881	6,054	17,685	17,342
Business promotion	18,365	15,478	52,158	44,265
FDIC deposit insurance	2,923	8,610	13,007	22,534
Other real estate owned (O R E O) expenses	(185)	7,950	3,729	21,028
Other operating expenses	40,630	52,576	107,354	111,462
Amortization of intangibles	2,399	2,324	7,082	6,973
Total operating expenses	376,475	365,437	1,086,910	1,025,107
Income before income tax	206,689	182,666	636,273	547,368
Income tax expense (benefit)	41,370	42,018	131,923	35,613
Net Income	165,319	140,648	504,350	511,755
Net Income Applicable to Common Stock	$ 164,389	$ 139,718	$ 501,558	$ 508,963
Net Income per Common Share - Basic	$ 1.71	$ 1.38	$ 5.17	$ 5.01
Net Income per Common Share - Diluted	$ 1.70	$ 1.38	$ 5.16	$ 5
Service charges on deposit accounts
Interest expense:
Revenue from contract with customer	$ 40,969	$ 38,147	$ 119,277	$ 111,704
Other services
Interest expense:
Revenue from contract with customer	71,309	64,316	209,647	187,794
Non-covered loans
Interest expense:
Provision for loan losses	36,539	54,387	118,555	183,774
Covered loans
Interest expense:
Provision for loan losses	$ 0	$ 0	$ 0	$ 1,730

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Statement of Income and Comprehensive Income
Net income	$ 165,319	$ 140,648	$ 504,350	$ 511,755
Reclassification to retained earnings due to cumulative effect of accounting change	0	0	(50)	(605)
Other comprehensive income (loss) before tax:
Foreing currency translation adjustment	155	(605)	(2,287)	(3,968)
Amortization of net losses of pension and postretirement benefit plans	5,877	5,386	17,629	16,157
Amortization of prior service credit of pension and postretirement benefit plans	0	(868)	0	(2,603)
Unrealized holding gains (losses) on debt securities arising during the period	53,553	(43,781)	306,857	(201,193)
Reclassification adjustment for (gains) losses included in net income (loss)	(20)	0	(20)	0
Unrealized net (losses) gains on cash flow hedges	(3,538)	341	(5,358)	1,296
Reclassification adjustment for net losses (gains) included in net income	1,221	147	3,142	(870)
Other comprehensive income (loss) before tax	57,288	(39,380)	319,953	(191,786)
Income tax (expense) benefit	(4,955)	1,983	(30,859)	8,249
Total other comprehensive income (loss), net of tax	52,333	(37,397)	289,094	(183,537)
Comprehensive income (loss), net of tax	$ 217,652	$ 103,251	$ 793,444	$ 328,218

TAX EFFECT ALLOCATED TO EACH CO

TAX EFFECT ALLOCATED TO EACH COMPONENT OF OTHER COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Statement of Income and Comprehensive Income
Amortization of net losses of pension and postretirement benefit plans	$ (2,204)	$ (2,101)	$ (6,611)	$ (6,301)
Amortization of prior service credit of pension and postretirement benefit plans	0	339	0	1,016
Unrealized holding gains (losses) on debt securities arising during the period	(2,583)	3,936	(24,032)	13,701
Reclassification adjustment for gains included in net income	4	0	4	0
Unrealized net (losses) gains on cash flow hedges	337	(133)	1,009	(506)
Reclassification adjustment for net losses (gains) included in net income	(501)	(58)	(1,221)	339
Income tax (expense) benefit	$ (4,955)	$ 1,983	$ (30,859)	$ 8,249

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands		Total	Common Stock	Preferred Stock	Surplus		Retained earnings	Treasury Stock	Accumulated other comprehensive income (loss)
Beginning Balance at Dec. 31, 2017		$ 5,103,905	$ 1,042	$ 50,160	$ 4,298,503		$ 1,194,994	$ (90,142)	$ (350,652)
Increase Decrease In Stockholders Equity [Roll Forward]
Net income		511,755					511,755
Issuance of stock		2,565	1		2,564
Dividends declared:
Common stock	[1]	(76,200)					(76,200)
Preferred stock		(2,792)					(2,792)
Common stock purchases		(127,443)			(23,020)	[2]		(104,423)
Common stock reissuance		2,151			143			2,008
Stock based compensation		12,010			3,325			8,685
Other comprehensive loss, net of tax		(183,537)							(183,537)
Ending Balance at Sep. 30, 2018		5,244,349	1,043	50,160	4,281,515		1,629,692	(183,872)	(534,189)
Beginning Balance at Jun. 30, 2018		5,289,661	1,043	50,160	4,302,946		1,515,058	(82,754)	(496,792)
Increase Decrease In Stockholders Equity [Roll Forward]
Net income		140,648					140,648
Issuance of stock		822			822
Dividends declared:
Common stock	[3]	(25,084)					(25,084)
Preferred stock		(930)					(930)
Common stock purchases		(125,099)			(23,020)			(102,079)
Common stock reissuance		814			103			711
Stock based compensation		914			664			250
Other comprehensive loss, net of tax		(37,397)							(37,397)
Ending Balance at Sep. 30, 2018		5,244,349	1,043	50,160	4,281,515		1,629,692	(183,872)	(534,189)
Increase Decrease In Stockholders Equity [Roll Forward]
Cumulative effect of accounting change		1,935					1,935
Beginning Balance at Dec. 31, 2018		5,435,057	1,043	50,160	4,365,606		1,651,731	(205,509)	(427,974)
Increase Decrease In Stockholders Equity [Roll Forward]
Net income		504,350					504,350
Issuance of stock		2,633	1		2,632
Dividends declared:
Common stock	[1]	(86,996)					(86,996)
Preferred stock		(2,792)					(2,792)
Common stock purchases	[2]	(256,006)			(52,670)			(203,336)
Common stock reissuance		3,890			274			3,616
Stock based compensation		14,313			1,714			12,599
Other comprehensive loss, net of tax		289,094							289,094
Ending Balance at Sep. 30, 2019		5,908,448	1,044	50,160	4,317,556		2,071,198	(392,630)	(138,880)
Beginning Balance at Jun. 30, 2019		5,719,834	1,044	50,160	4,316,225		1,935,826	(392,208)	(191,213)
Increase Decrease In Stockholders Equity [Roll Forward]
Net income		165,319					165,319
Issuance of stock		909	0		909
Dividends declared:
Common stock	[3]	(29,017)					(29,017)
Preferred stock		(930)					(930)
Common stock purchases		(1,367)						(1,367)
Common stock reissuance		964			50			914
Stock based compensation		403			372			31
Other comprehensive loss, net of tax		52,333							52,333
Ending Balance at Sep. 30, 2019		5,908,448	$ 1,044	$ 50,160	$ 4,317,556		2,071,198	$ (392,630)	$ (138,880)
Increase Decrease In Stockholders Equity [Roll Forward]
Cumulative effect of accounting change		$ 4,905					$ 4,905
[1]	Dividends declared per common share during the nine months ended September 30, 2019 - $ 0.90 (2018 - $ 0.75).
[2]	On February 28, 2019, the Corporation entered into a $ 250 million accelerated share repurchase transaction with respect to its common stock, which was accounted for as a treasury stock transaction. Refer to Note 19 for additional information.
[3]	Dividends declared per common share during the quarter ended September 30, 2019 - $ 0.30 (2018 - $ 0.25).

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		9 Months Ended
	Feb. 28, 2019	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019		Sep. 30, 2018	Mar. 31, 2019
Statement of Stockholders' Equity [Abstract]
Dividends Declared per Common Share		$ 0.30	$ 0.25	$ 0.90		$ 0.75
Accelerated Share Repurchases [Line Items]
Common stock purchases		$ 1,367	$ 125,099	$ 256,006	[1]	$ 127,443
Accelerated share repurchases settlement receipt							$ 250,000
Accelerate Share Repurchase
Accelerated Share Repurchases [Line Items]
Common stock purchases	$ 250,000			$ 250,000
Accelerated share repurchases settlement receipt			$ 125,000			$ 125,000
[1]	On February 28, 2019, the Corporation entered into a $ 250 million accelerated share repurchase transaction with respect to its common stock, which was accounted for as a treasury stock transaction. Refer to Note 19 for additional information.

DISCLOSURE OF CHANGES IN NUMBER

DISCLOSURE OF CHANGES IN NUMBER OF SHARES - shares	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Treasury stock	(7,660,831)
Common Stock - Outstanding	96,714,664
Common Stock
Beginning balance	104,320,303	104,238,159
Issuance of stock	55,192	66,370
Balance at end of year	104,375,495	104,304,529
Treasury stock	(7,660,831)	(3,968,188)
Common Stock - Outstanding	96,714,664	100,336,341
Preferred Stock
Beginning balance	2,006,391	2,006,391
Balance at end of year	2,006,391	2,006,391

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Cash flows from operating activities:
Net income	$ 504,350,000	$ 511,755,000
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Provision for loan losses	118,555,000	185,504,000
Amortization of intangibles	7,082,000	6,973,000
Depreciation and amortization of premises and equipment	42,928,000	39,083,000
Net accretion of discounts and amortization of premiums and deferred fees	(126,548,000)	(43,533,000)
Share-based compensation	11,418,000	5,962,000
Impairment losses on long-lived assets	2,591,000	272,000
Fair value adjustments on mortgage servicing rights	25,853,000	13,123,000
Goodwill, Impairment Loss		0
FDIC loss share expense	0	(94,725,000)
Adjustments (expense) to indemnity reserves on loans sold	1,664,000	6,482,000
Earnings from investments under the equity method, net of dividends or distributions	(18,461,000)	(14,772,000)
Deferred income tax expense	110,058,000	(97,708,000)
Gain on:
Disposition of premises and equipment and other productive assets	(5,133,000)	17,694,000
Proceeds from insurance claims	0	(14,411,000)
Sale of debt securities	(20,000)	0
Sale of loans, including valuation adjustments on loans held-for-sale and mortgage banking activities	(11,360,000)	(6,734,000)
Sale of foreclosed assets, including write-downs	(15,858,000)	(638,000)
Acquisitions of loans held-for-sale	(157,993,000)	(173,644,000)
Proceeds from sale of loans held-for-sale	51,067,000	51,131,000
Net originations on loans held-for-sale	(208,875,000)	(186,063,000)
Net decrease (increase) in:
Trading debt securities	333,013,000	346,455,000
Equity securities	(6,482,000)	(2,480,000)
Accrued income receivable	7,724,000	51,868,000
Other assets	(12,837,000)	234,836,000
Net (decrease) increase in:
Interest payable	(6,900,000)	(9,933,000)
Pension and other postretirement benefits obligation	(4,979,000)	3,392,000
Other liabilities	(102,049,000)	(197,035,000)
Total adjustments	34,498,000	121,099,000
Net cash provided by operating activities	538,848,000	632,854,000
Cash flows from investing activities:
Net decrease in money market investments	(1,000,840,000)	647,519,000
Purchases of investment securities:
Available-for-sale	(13,579,074,000)	(6,968,920,000)
Equity	(15,474,000)	(11,304,000)
Proceeds from calls, paydowns, maturities and redemptions of investment securities:
Available-for-sale	10,671,630,000	3,925,362,000
Held-to-maturity	5,325,000	7,184,000
Proceeds from sale of investment securities:
Available-for-sale	99,445,000	0
Equity	17,083,000	20,925,000
Net (disbursements) repayments on loans	(324,479,000)	(15,604,000)
Proceeds from sale of loans	77,327,000	1,354,000
Acquisition of loan portfolios	(421,482,000)	(461,117,000)
Payments to acquire other intangible	(793,000)	0
Net payments (to) from FDIC under loss sharing agreements	0	(25,012,000)
Payments to acquire businesses, net of cash acquired	0	(1,830,050,000)
Return of capital from equity method investments	2,747,000	2,501,000
Acquisition of premises and equipment	(45,961,000)	(53,144,000)
Proceeds from insurance claims	0	14,411,000
Proceeds from sale of:
Premises and equipment and other productive assets	17,186,000	6,991,000
Foreclosed assets	83,848,000	85,622,000
Net cash used in investing activities	(4,413,512,000)	(4,653,282,000)
Net increase (decrease) in:
Deposits	4,454,466,000	4,193,859,000
Assets sold under agreements to repurchase	(68,433,000)	(90,805,000)
Other short-term borrowings	(41,000)	(95,008,000)
Payments of notes payable	(144,991,000)	(226,976,000)
Principal payments of finance leases	(1,269,000)	0
Proceeds from issuance of notes payable	75,000,000	434,706,000
Proceeds from issuance of common stock	6,523,000	10,852,000
Dividends paid	(85,863,000)	(79,115,000)
Net payments for repurchase of common stock	(250,574,000)	(125,326,000)
Payments related to tax witholding for share-based compensation	(5,432,000)	(2,205,000)
Net cash provided by financing activities	3,979,386,000	4,019,982,000
Net (decrease) increase in cash and due from banks, and restricted cash	104,722,000	(446,000)
Cash and due from banks and restricted cash at beginning of period	403,251,000	412,629,000
Cash and due from banks and restricted cash at end of period	$ 507,973,000	$ 412,183,000

Nature of operations

Nature of operations	9 Months Ended
	Sep. 30, 2019
Disclosure Text Block
Nature Of Operations	Note 1 – Nature of operations Popular, Inc. (the “Corporation” or “Popular”) is a diversified, publicly-owned financial holding company subject to the supervision and regulation of the Board of Governors of the Federal Reserve System. The Corporation has operations in Puerto Rico, the mainland United States (“U.S.”) and the U.S. and British Virgin Islands. In Puerto Rico, the Corporation provides retail, mortgage, and commercial banking services through its principal banking subsidiary, Banco Popular de Puerto Rico (“BPPR”), as well as investment banking, broker-dealer, auto and equipment leasing and financing, and insurance services through specialized subsidiaries. In the mainland U.S., the Corporation provides retail, mortgage and commercial banking services through its New York-chartered banking subsidiary, Popular Bank (“PB”), which has branches located in New York, New Jersey and Florida.

Basis of presentation and summa

Basis of presentation and summary of significant accounting policies	9 Months Ended
	Sep. 30, 2019
Disclosure Text Block
Basis Of Presentation And Significant Accounting Policies	Note 2 – Basis of Presentation and Summary of Significant Accounting Policies Basis of Presentation The consolidated interim financial statements have been prepared without audit. The Consolidated Statement of Financial Condition data at December 31, 2018 was derived from audited financial statements. The unaudited interim financial statements are, in the opinion of management, a fair statement of the results for the periods reported and include all necessary adjustments, all of a normal recurring nature, for a fair statement of such results. Certain information and note disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted from the unaudited financial statements pursuant to the rules and regulations of the Securities and Exchange Commission. Accordingly, these financial statements should be read in conjunction with the audited Consolidated Financial Statements of the Corporation for the year ended December 31, 2018, included in the Corporation’s 2018 Form 10-K. Operating results for the interim periods disclosed herein are not necessarily indicative of the results that may be expected for a full year or any future period. Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

New accounting pronouncements

New accounting pronouncements	9 Months Ended
	Sep. 30, 2019
New Accounting Pronouncements and Changes in Accounting Principles
New Accounting Pronouncements	Note 3 - New accounting pronouncements Recently Adopted Accounting Standards Updates Standard Description Date of adoption Effect on the financial statements FASB Accounting Standards Update (“ASU”) 2019-01, Leases (Topic 842): Codification Improvements The FASB issued ASU 2019-01 in March 2019 which, among other things, reinstates the specific fair value guidance in ASC Topic 840 for lessors that are not manufacturers or dealers to continue to measure the fair value of an underlying asset at its cost and clarifies that lessors that are depository or lending institutions in the scope of ASC Topic 942 are required to present the principal portion of lessee payments received from sales-type or direct financing leases as cash flows from investing activities. January 1, 2019 The Corporation early adopted ASU 2019-01 during the first quarter of 2019, but was not impacted by the adoption of this ASU. FASB Accounting Standards Updates (“ASUs”), Leases (Topic 842) The FASB has issued a series of ASUs which supersede ASC Topic 840 and set out the principles for the recognition, measurement, presentation and disclosure of leases for both lessors and lessees. The new guidance requires lessees to apply a dual approach, classifying leases as either finance or operating leases. A lessee is also required to record a right-of-use asset (“ROU asset”) and a lease liability for all leases with a term greater than 12 months regardless of their classification. The new standard requires lessors to account for leases using an approach that is substantially equivalent to previous guidance for sales-type leases, direct financing leases and operating leases. In addition, the new leases standard requires lessors, among other things, to present lessor costs paid by the lessee to the lessor on a gross basis. January 1, 2019 The Corporation adopted the new leases standard during the first quarter of 2019 using the modified retrospective approach. The Corporation made the following elections: to not reassess at the date of adoption whether any existing contracts were or contained leases, their lease classification, and initial direct costs; applied the transition provisions of the new leases standard at the adoption date; used hindsight in evaluating lessee options to extend or terminate a lease; and to not apply ASC Topic 842 to short-term leases. As of January 1, 2019, the Corporation recognized ROU assets of $ 139 million, net of deferred rent liability of $ 15 million, and lease liabilities of $ 154 million on its operating leases. In addition, the Corporation recorded a positive cumulative effect adjustment of $ 4.8 million to retained earnings as a result of the reclassification of previously deferred gains on sale and operating lease back transactions. Standard Description Date of adoption Effect on the financial statements FASB Accounting Standards Update (“ASU”) 2018-16, Derivatives and Hedging (Topic 815): Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes The FASB issued ASU 2018-16 in October 2018 which permits use of the OIS rate based on SOFR as a U.S. benchmark interest rate for hedge accounting purposes under Topic 815 in addition to other permissible U.S. benchmark rates. January 1, 2019 The Corporation adopted ASU 2018-16 during the first quarter of 2019. As such, the Corporation will consider this guidance for qualifying new hedging relationships entered into on or after the effective date. FASB Accounting Standards Update (“ASU”) 2018-02, Income Statement – Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income The FASB issued ASU 2018-02 in February 2018, which allows a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act. These stranded tax effects result from recognizing in income the impact of changes in tax rates even when the related tax effects were recognized in accumulated other comprehensive income. The amendments also require certain disclosures about stranded tax effects. January 1, 2019 The Corporation adopted ASU 2018-02 during the first quarter of 2019. As of December 31, 2018, the Corporation maintained a full valuation allowance on the deferred tax assets that were recognized in accumulated other comprehensive income related to its U.S. operations. As such, the Corporation was not impacted by the adoption of this accounting pronouncement during the first quarter of 2019. FASB Accounting Standards Update (“ASU”) 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities The FASB issued ASU 2017-12 in August 2017, which makes more financial and nonfinancial hedging strategies eligible for hedge accounting and changes how companies assess effectiveness by, among other things, eliminating the requirement for entities to recognize hedge ineffectiveness each reporting period for cash flow hedges and requiring presentation of the changes in fair value of cash flow hedges in the same income statement line item(s) as the earnings effect of the hedged items when the hedged item affects earnings. January 1, 2019 The Corporation adopted ASU 2017-12 during the first quarter of 2019. The cumulative effect adjustment recorded to retained earnings to reverse the hedge ineffectiveness as of December 31, 2018 was not significant. There were no changes in presentation since the earnings effect of the hedges and the hedged items are already presented in the same income statement line item. In addition, the Corporation elected to continue to perform subsequent assessments of hedge effectiveness quantitatively. Additionally, adoption of the following standards effective during the first quarter of 2019 did not have a significant impact on the Corporation’s Consolidated Financial Statements:  FASB Accounting Standards Update (“ASU”) 2018-09, Codification Improvements  FASB Accounting Standards Update (“ASU”) 2018-07, Compensation – Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting  FASB Accounting Standards Update (“ASU”) 2017-11, Earnings per Share (Topic 260); Distinguishing Liabilities from Equity (Topic 480); Derivatives and Hedging (Topic 815): Part I: Accounting for Certain Financial Instruments with Down Round Features; Part II: Replacement of the Indefinite Deferral for Mandatorily Redeemable Financial Instruments of Certain Nonpublic Entities and Certain Mandatorily Redeemable Noncontrolling Interests with a Scope Exception  FASB Accounting Standards Update (“ASU”) 2017-08, Receivables– Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities Accounting Standards Not Yet Adopted FASB Accounting Standards Update (“ASUs”) 2019-07, Amendments to SEC Paragraphs Pursuant to SEC Final Rule Releases No. 33-10532, Disclosure Update and Simplification and 33-10442, Investment Company Reporting Modernization, and Miscellaneous Updates The FASB issued ASU 2019-07 in July 2019, which updates the SEC portion of its codification literature with already effective SEC final rules that simplified disclosures and modernized the reporting and disclosure of information by registered investment companies. FASB Accounting Standards Updates (“ASUs”), Financial Instruments – Credit Losses (Topic 326) The FASB issued a series of ASUs mainly related to the recently issued standards on credit losses (Topic 326), which replace the incurred loss model with a current expected credit loss (“CECL”) model. The CECL model applies to financial assets subject to credit losses and measured at amortized cost and certain off-balance sheet exposures. Amendments to Topic 326 are mainly in the areas of accrued interest receivable, transfers of loans and debt securities between classifications, inclusion of expected recoveries in the allowance for credit losses and permitting a prepay-adjusted effective interest rate except for TDRs. For additional information on ASU 2016-13, refer to Note 3 to the Consolidated Financial Statements included in the 2018 Form 10-K. The amendments of these updates are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. Early adoption is permitted as of January 1, 2019. The Corporation has continued its evaluation and implementation efforts with respect to CECL. Model development related to CECL has been substantially completed and is currently undergoing third-party validation procedures. Other implementation efforts are underway, including fulfillment of additional data needs for new disclosures and reporting requirements, related software implementation and the drafting of accounting policies. The ultimate impact of the adoption of CECL will depend on the composition of the Corporation’s portfolios as well as the economic conditions and forecast at the time of adoption. Based on its preliminary analysis and the information currently available, utilizing loan balances and macroeconomic scenarios as of June 30, 2019, the Corporation expects that its allowance for loan and lease losses would increase by a range from $ 360 million to $ 400 million, or 85% to 95%, excluding purchased credit impaired loans. This increase is driven by the Puerto Rico mortgage, auto and credit cards loans portfolio. This increase would be reflected as a decrease to the opening balance of retained earnings, net of income taxes. The Corporation expects to continue to be well capitalized under the Basel III regulatory framework after the adoption of this standard. The Corporation will avail itself of the option to phase in over a period of three years the day one effects on regulatory capital from the adoption of CECL. Since the Corporation’s allowance for credit losses already exceeds 1.25% of its risk weighted assets, the incremental allowance resulting from the adoption of CECL will be excluded from Total Regulatory Capital. Considering the phase in period provided by the regulatory framework, the estimated decrease to the common equity tier one and total capital ratios would be of approximately 30 bps. These estimates are preliminary and are subject to further work and analysis by the Corporation as part of its implementation efforts, including the consideration of qualitative factors, which may impact reserves, review of significant assumptions and the finalization of the model validation process. For other recently issued Accounting Standards Updates not yet effective, refer to Note 3 to the Consolidated Financial Statements included in the 2018 Form 10-K.

Business combination

Business combination	9 Months Ended
	Sep. 30, 2019
Business Combinations [Abstract]
Business Combination	Note 4 – Business combination On August 1, 2018, Popular, Inc., through its subsidiary Popular Auto, LLC (“Popular Auto”), acquired and assumed from Reliable Financial Services, Inc. and Reliable Finance Holding Co. (“Reliable”), subsidiaries of Wells Fargo & Company, certain assets and liabilities related to their auto finance business in Puerto Rico (the “Reliable Transaction” or “Transaction”). Popular Auto acquired approximately $ 1.6 billion in retail auto loans and $ 341 million in primarily auto-related commercial loans. The Corporation completed the integration of these operations during the third quarter of 2019 and continues to operate this business under the name of Popular Auto. Wells Fargo retained approximately $ 398 million in retail auto loans as part of the Transaction and subsequently sold the same to a third party. Popular Auto has entered into a separate servicing agreement with respect to such loans. Popular entered into the Transaction as part of its growth strategy to increase its market share in the auto finance business in Puerto Rico. The following table presents the fair values of the consideration and major classes of identifiable assets acquired and liabilities assumed by the Corporation as of August 1, 2018 , net of cumulative measurement period adjustments as of period end. Book value prior to purchase accounting Fair value Measurement As recorded by (In thousands) adjustments adjustments period adjustments Popular, Inc. Cash consideration $ 1,843,256 $ - $ - $ 1,843,256 Assets: Loans $ 1,912,866 $ ( 126,908) [1] $ 16,505 [1] $ 1,802,463 Premises and equipment 1,246 - - 1,246 Accrued income receivable 1,466 - - 1,466 Other assets 5,020 - ( 91) 4,929 Trademark - 488 - 488 Total assets $ 1,920,598 $ ( 126,420) $ 16,414 $ 1,810,592 Liabilities: Other liabilities $ 11,164 $ - $ - $ 11,164 Total liabilities $ 11,164 $ - $ - $ 11,164 Net assets acquired $ 1,909,434 $ ( 126,420) $ 16,414 $ 1,799,428 Goodwill on acquisition $ 43,828 [1] The fair value discount is comprised of $ 106 million related to the retail auto loans portfolio and $ 4 million related to the commercial loans portfolio. During the fourth quarter of 2018, measurement period adjustments amounting to $ 16.5 million, were made to the estimated fair values of the loans acquired as part of the Transaction to reflect new information obtained about facts and circumstances that existed as of the acquisition date. The increase in the fair value of retail auto loans and commercial loans by $ 12.2 million and $ 4.3 million, respectively, was mainly attributed to decreases in credit loss expectations. The related cumulative adjustment to the amortization of the fair value discounts for the retail and commercial portfolios offset each other, resulting in an immaterial impact to the Corporation’s results. Contractual cash flows for retail auto loans and commercial loans amounted to $ 1.8 billion and $ 348 million, respectively, from which $ 105 million and $ 3 million, respectively, are not expected to be collected. For a description of the methods used to determine the fair values of significant assets acquired on the Reliable Transaction, refer to Note 4 of the Consolidated Statements included in the 2018 Form 10-K.

Restrictions on cash and due fr

Restrictions on cash and due from banks and certain securities	9 Months Ended
	Sep. 30, 2019
Disclosure Text Block
Restricted On Cash And Due From Banks And Certain Securities	Note 5 - Restrictions on cash and due from banks and certain securities The Corporation’s banking subsidiaries, BPPR and PB, are required by federal and state regulatory agencies to maintain average reserve balances with the Federal Reserve Bank of New York (the “Fed”) or other banks. Those required average reserve balances amounted to $ 1.6 billion at September 30, 2019 (December 31, 2018 - $ 1.6 billion). Cash and due from banks, as well as other highly liquid securities, are used to cover the required average reserve balances. At September 30, 2019, the Corporation held $ 49 million in restricted assets in the form of funds deposited in money market accounts, debt securities available for sale and equity securities (December 31, 2018 - $ 62 million). The restricted assets held in debt securities available for sale and equity securities consist primarily of assets held for the Corporation’s non-qualified retirement plans and fund deposits guaranteeing possible liens or encumbrances over the title of insured properties.

Debt securities available-for-s

Debt securities available-for-sale	9 Months Ended
	Sep. 30, 2019
Debt securities available-for-sale
Schedule of Available-for-sale Securities [Line Items]
Investments in debt and marketable equity securities	Note 6 – Debt securities available-for-sale The following tables present the amortized cost, gross unrealized gains and losses, approximate fair value, weighted average yield and contractual maturities of debt securities available-for-sale at September 30, 2019 and December 31, 2018 At September 30, 2019 Gross Gross Weighted Amortized unrealized unrealized Fair average (In thousands) cost gains losses value yield U.S. Treasury securities Within 1 year $ 5,593,503 $ 2,924 $ 1,789 $ 5,594,638 1.88 % After 1 to 5 years 4,200,129 86,143 862 4,285,410 2.34 After 5 to 10 years 624,188 1,912 1,860 624,240 1.60 Total U.S. Treasury securities 10,417,820 90,979 4,511 10,504,288 2.05 Obligations of U.S. Government sponsored entities Within 1 year 127,485 6 174 127,317 1.40 After 1 to 5 years 60,005 1 231 59,775 1.48 Total obligations of U.S. Government sponsored entities 187,490 7 405 187,092 1.43 Obligations of Puerto Rico, States and political subdivisions Within 1 year 6,975 - 44 6,931 - Total obligations of Puerto Rico, States and political subdivisions 6,975 - 44 6,931 - Collateralized mortgage obligations - federal agencies After 1 to 5 years 725 - 1 724 2.02 After 5 to 10 years 91,024 32 1,210 89,846 1.64 After 10 years 541,407 4,410 5,751 540,066 2.09 Total collateralized mortgage obligations - federal agencies 633,156 4,442 6,962 630,636 2.02 Mortgage-backed securities Within 1 year 37 - - 37 2.05 After 1 to 5 years 39,627 861 2 40,486 3.35 After 5 to 10 years 315,038 2,623 1,391 316,270 2.04 After 10 years 4,751,236 64,743 22,982 4,792,997 2.61 Total mortgage-backed securities 5,105,938 68,227 24,375 5,149,790 2.58 Other After 1 to 5 years 364 9 - 373 3.62 Total other 364 9 - 373 3.62 Total debt securities available-for-sale [1] $ 16,351,743 $ 163,664 $ 36,297 $ 16,479,110 2.20 % [1] Includes $ 12.9 billion pledged to secure public and trust deposits, assets sold under agreements to repurchase, credit facilities and loan servicing agreements that the secured parties are not permitted to sell or repledge the collateral, of which $ 11.7 billion serve as collateral for public funds. At December 31, 2018 Gross Gross Weighted Amortized unrealized unrealized Fair average (In thousands) cost gains losses value yield U.S. Treasury securities Within 1 year $ 3,565,571 $ 108 $ 5,319 $ 3,560,360 2.10 % After 1 to 5 years 4,483,741 13,647 35,213 4,462,175 2.25 After 5 to 10 years 245,891 3,770 - 249,661 2.84 Total U.S. Treasury securities 8,295,203 17,525 40,532 8,272,196 2.21 Obligations of U.S. Government sponsored entities Within 1 year 212,951 - 1,406 211,545 1.44 After 1 to 5 years 123,857 1 2,094 121,764 1.51 Total obligations of U.S. Government sponsored entities 336,808 1 3,500 333,309 1.47 Obligations of Puerto Rico, States and political subdivisions After 1 to 5 years 6,926 - 184 6,742 0.70 Total obligations of Puerto Rico, States and political subdivisions 6,926 - 184 6,742 0.70 Collateralized mortgage obligations - federal agencies After 1 to 5 years 749 - 7 742 1.92 After 5 to 10 years 115,744 1 4,715 111,030 1.71 After 10 years 638,995 1,584 23,680 616,899 2.10 Total collateralized mortgage obligations - federal agencies 755,488 1,585 28,402 728,671 2.04 Mortgage-backed securities Within 1 year 431 4 - 435 4.30 After 1 to 5 years 6,762 43 1 6,804 2.74 After 5 to 10 years 365,727 1,090 8,499 358,318 2.19 After 10 years 3,710,731 10,679 128,189 3,593,221 2.45 Total mortgage-backed securities 4,083,651 11,816 136,689 3,958,778 2.43 Other After 5 to 10 years 486 2 - 488 3.62 Total other 486 2 - 488 3.62 Total debt securities available-for-sale [1] $ 13,478,562 $ 30,929 $ 209,307 $ 13,300,184 2.25 % [1] Includes $ 8.9 billion pledged to secure public and trust deposits, assets sold under agreements to repurchase, credit facilities and loan servicing agreements that the secured parties are not permitted to sell or repledge the collateral, of which $ 7.9 billion serve as collateral for public funds. The weighted average yield on investment securities available-for-sale is based on amortized cost; therefore, it does not give effect to changes in fair value. Securities not due on a single contractual maturity date, such as mortgage-backed securities and collateralized mortgage obligations, are classified based on the period of final contractual maturity. The expected maturities of collateralized mortgage obligations, mortgage-backed securities and certain other securities may differ from their contractual maturities because they may be subject to prepayments or may be called by the issuer. During the quarter ended September 30, 2019, the Corporation sold U.S. Treasury Bills. The proceeds from these sales were $ 99 million. No For the quarter ended September 30, Nine months ended September 30, (In thousands) 2019 2018 2019 2018 Gross realized gains $ - $ - $ - $ - Gross realized losses ( 20) - ( 20) - Net realized losses on sale of debt securities available-for-sale $ ( 20) $ - $ ( 20) $ - The following tables present the Corporation’s fair value and gross unrealized losses of debt securities available-for-sale, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at September 30, 2019 and December 31, 2018 . At September 30, 2019 Less than 12 months 12 months or more Total Gross Gross Gross Fair unrealized Fair unrealized Fair unrealized (In thousands) value losses value losses value losses U.S. Treasury securities $ 900,818 $ 2,376 $ 639,001 $ 2,135 $ 1,539,819 $ 4,511 Obligations of U.S. Government sponsored entities 9,947 25 176,356 380 186,303 405 Obligations of Puerto Rico, States and political subdivisions - - 6,931 44 6,931 44 Collateralized mortgage obligations - federal agencies 103,443 467 343,994 6,495 447,437 6,962 Mortgage-backed securities 177,382 480 1,977,343 23,895 2,154,725 24,375 Total debt securities available-for-sale in an unrealized loss position $ 1,191,590 $ 3,348 $ 3,143,625 $ 32,949 $ 4,335,215 $ 36,297 At December 31, 2018 Less than 12 months 12 months or more Total Gross Gross Gross Fair unrealized Fair unrealized Fair unrealized (In thousands) value losses value losses value losses U.S. Treasury securities $ 3,189,007 $ 4,188 $ 2,607,276 $ 36,343 $ 5,796,283 $ 40,531 Obligations of U.S. Government sponsored entities 14,847 46 318,271 3,454 333,118 3,500 Obligations of Puerto Rico, States and political subdivisions - - 6,742 184 6,742 184 Collateralized mortgage obligations - federal agencies 66,652 489 587,869 27,913 654,521 28,402 Mortgage-backed securities 125,872 2,280 3,478,635 134,410 3,604,507 136,690 Total debt securities available-for-sale in an unrealized loss position $ 3,396,378 $ 7,003 $ 6,998,793 $ 202,304 $ 10,395,171 $ 209,307 As of September 30, 2019, the portfolio of available-for-sale debt securities reflects gross unrealized losses of approximately $ 36 million, driven mainly by mortgage-backed securities, U.S. Treasury securities and collateralized mortgage obligations. Management evaluates debt securities for other-than-temporary (“OTTI”) declines in fair value on a quarterly basis. Once a decline in value is determined to be other-than-temporary, the value of a debt security is reduced and a corresponding charge to earnings is recognized for anticipated credit losses. The OTTI analysis requires management to consider various factors, which include, but are not limited to: (1) the length of time and the extent to which fair value has been less than the amortized cost basis, (2) the financial condition of the issuer or issuers, (3) actual collateral attributes, (4) the payment structure of the debt security and the likelihood of the issuer being able to make payments, (5) any rating changes by a rating agency, (6) adverse conditions specifically related to the security, industry, or a geographic area, and (7) management’s intent to sell the debt security or whether it is more likely than not that the Corporation would be required to sell the debt security before a forecasted recovery occurs. At September 30, 2019 , management performed its quarterly analysis of all debt securities in an unrealized loss position. Based on the analysis performed, management concluded that no individual debt security was other-than-temporarily impaired as of such date. At September 30, 2019, the Corporation did not have the intent to sell debt securities in an unrealized loss position and it was not more likely than not that the Corporation would have to sell the debt securities prior to recovery of their amortized cost basis. The following table states the name of issuers, and the aggregate amortized cost and fair value of the debt securities of such issuer (includes available-for-sale and held-to-maturity debt securities), in which the aggregate amortized cost of such securities exceeds 10% of stockholders’ equity. This information excludes debt securities backed by the full faith and credit of the U.S. Government. Investments in obligations issued by a state of the U.S. and its political subdivisions and agencies, which are payable and secured by the same source of revenue or taxing authority, other than the U.S. Government, are considered securities of a single issuer. September 30, 2019 December 31, 2018 (In thousands) Amortized cost Fair value Amortized cost Fair value FNMA $ 3,334,102 $ 3,351,007 $ 2,999,110 $ 2,901,904 Freddie Mac 1,722,954 1,739,165 1,095,855 1,058,013

Debt securities held-to-maturit

Debt securities held-to-maturity	9 Months Ended
	Sep. 30, 2019
Held To Maturity Debt Securities
Schedule of Held-to-maturity Securities [Line Items]
Investments in debt and marketable equity securities	Note 7 –Debt securities held-to-maturity The following tables present the amortized cost, gross unrealized gains and losses, approximate fair value, weighted average yield and contractual maturities of debt securities held-to-maturity at September 30, 2019 and December 31, 2018. At September 30, 2019 Gross Gross Weighted Amortized unrealized unrealized Fair average (In thousands) cost gains losses value yield Obligations of Puerto Rico, States and political subdivisions Within 1 year $ 3,745 $ - $ 33 $ 3,712 6.02 % After 1 to 5 years 17,580 - 269 17,311 6.11 After 5 to 10 years 18,195 - 1,861 16,334 3.11 After 10 years 46,078 8,375 2 54,451 1.69 Total obligations of Puerto Rico, States and political subdivisions 85,598 8,375 2,165 91,808 3.09 Collateralized mortgage obligations - federal agencies After 1 to 5 years 48 2 - 50 6.44 Total collateralized mortgage obligations - federal agencies 48 2 - 50 6.44 Securities in wholly owned statutory business trusts After 10 years 11,561 - - 11,561 6.51 Total securities in wholly owned statutory business trusts 11,561 - - 11,561 6.51 Other After 1 to 5 years 500 - 1 499 2.97 Total other 500 - 1 499 2.97 Total debt securities held-to-maturity $ 97,707 $ 8,377 $ 2,166 $ 103,918 3.50 % At December 31, 2018 Gross Gross Weighted Amortized unrealized unrealized Fair average (In thousands) cost gains losses value yield Obligations of Puerto Rico, States and political subdivisions Within 1 year $ 3,510 $ - $ 36 $ 3,474 5.99 % After 1 to 5 years 16,505 - 1,081 15,424 6.07 After 5 to 10 years 23,885 - 1,704 22,181 3.61 After 10 years 45,559 3,943 47 49,455 1.79 Total obligations of Puerto Rico, States and political subdivisions 89,459 3,943 2,868 90,534 3.23 Collateralized mortgage obligations - federal agencies After 5 to 10 years 55 3 - 58 5.45 Total collateralized mortgage obligations - federal agencies 55 3 - 58 5.45 Securities in wholly owned statutory business trusts After 10 years 11,561 - - 11,561 6.51 Total securities in wholly owned statutory business trusts 11,561 - - 11,561 6.51 Other After 1 to 5 years 500 - - 500 2.97 Total other 500 - - 500 2.97 Total debt securities held-to-maturity $ 101,575 $ 3,946 $ 2,868 $ 102,653 3.60 % Debt securities not due on a single contractual maturity date, such as collateralized mortgage obligations, are classified in the period of final contractual maturity. The expected maturities of collateralized mortgage obligations and certain other securities may differ from their contractual maturities because they may be subject to prepayments or may be called by the issuer. The following tables present the Corporation’s fair value and gross unrealized losses of debt securities held-to-maturity, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at September 30, 2019 and December 31, 2018. At September 30, 2019 Less than 12 months 12 months or more Total Gross Gross Gross Fair unrealized Fair unrealized Fair unrealized (In thousands) value losses value losses value losses Obligations of Puerto Rico, States and political subdivisions $ 22,427 $ 318 $ 9,713 $ 1,847 $ 32,140 $ 2,165 Other 499 1 - - 499 1 Total debt securities held-to-maturity in an unrealized loss position $ 22,926 $ 319 $ 9,713 $ 1,847 $ 32,639 $ 2,166 At December 31, 2018 Less than 12 months 12 months or more Total Gross Gross Gross Fair unrealized Fair unrealized Fair unrealized (In thousands) value losses value losses value losses Obligations of Puerto Rico, States and political subdivisions $ 27,471 $ 1,165 $ 13,307 $ 1,703 $ 40,778 $ 2,868 Total debt securities held-to-maturity in an unrealized loss position $ 27,471 $ 1,165 $ 13,307 $ 1,703 $ 40,778 $ 2,868 As indicated in Note 6 to these Consolidated Financial Statements, management evaluates debt securities for OTTI declines in fair value on a quarterly basis. The “Obligations of Puerto Rico, States and political subdivisions” classified as held-to-maturity at September 30, 2019 are primarily associated with securities issued by municipalities of Puerto Rico and are generally not rated by a credit rating agency. This includes $ 40 million of general and special obligation bonds issued by three municipalities of Puerto Rico, which are payable primarily from certain property taxes imposed by the issuing municipality. In the case of general obligations, they also benefit from a pledge of the full faith, credit and unlimited taxing power of the issuing municipality, which is required by law to levy property taxes in an amount sufficient for the payment of debt service on such general obligation bonds. The portfolio also includes $ 46 million in securities for which the underlying source of payment is second mortgage loans in Puerto Rico residential properties (not the government), but in which a government instrumentality provides a guarantee in the event of default and subsequent foreclosure of the underlying property. The Corporation performs periodic credit quality reviews on these issuers. Based on the quarterly analysis performed, management concluded that no individual debt security held-to-maturity was other-than-temporarily impaired at September 30, 2019. A deterioration of the Puerto Rico economy or of the fiscal health of the Government of Puerto Rico and/or its instrumentalities (including if any of the issuing municipalities become subject to a debt restructuring proceeding under PROMESA) could further affect the value of these securities, resulting in losses to the Corporation. The Corporation does not have the intent to sell debt securities held-to-maturity and it is more likely than not that the Corporation will not have to sell these debt securities prior to recovery of their amortized cost basis. Refer to Note 22 for additional information on the Corporation’s exposure to the Puerto Rico Government.

Loans

Loans	9 Months Ended
	Sep. 30, 2019
Receivables
Loans	Note 8 – Loans For a summary of the accounting policies related to loans, interest recognition and allowance for loan losses refer to Note 2 - Summary of significant accounting policies of the 2018 Form 10-K. As previously disclosed in Note 4, as a result of the Reliable Transaction completed on August 1, 2018, Popular Auto, LLC, acquired approximately $ 1.6 billion in retail auto loans and $ 341 million in primarily auto-related commercial loans. These loans are included in the information presented in this note. During the quarter and nine months ended September 30, 2019 , the Corporation recorded purchases (including repurchases) of mortgage loans amounting to $ 81 million and $ 266 million, respectively; and of consumer loans of $ 64 million and $ 222 million, respectively. For the nine months ended September 30, 2019 the Corporation recorded purchases of commercial loans (including loan participations) amounting to $ 43 million. During the quarter and nine months ended September 30, 2018 , the Corporation recorded purchases (including repurchases) of mortgage loans amounting to $ 147 million and $ 480 million, respectively; and of consumer loans of $ 48 million and $ 152 million, respectively. The Corporation performed whole-loan sales involving approximately $ 18 million and $ 46 million of residential mortgage loans during the quarter and nine months ended September 30, 2019, respectively (September 30, 2018 - $ 19 million and $ 45 million, respectively). Also, the Corporation securitized approximately $ 88 million and $ 247 million of mortgage loans into Government National Mortgage Association (“GNMA”) mortgage-backed securities during the quarter and nine months ended September 30, 2019 , respectively ( September 30, 2018 - $ 110 million and $ 320 million, respectively). Furthermore, the Corporation securitized approximately $ 33 million and $ 84 million of mortgage loans into Federal National Mortgage Association (“FNMA”) mortgage-backed securities during the quarter and nine months ended September 30, 2019 , respectively ( September 30, 2018 - $ 26 million and $ 72 million, respectively). During the quarter and nine months ended September 30, 2019 , the Corporation performed sales of commercial and construction loans, including loan participations amounting to $ 47 million and $ 81 million, respectively. Delinquency status The following table presents the composition of loans held-in-portfolio (“HIP”), net of unearned income, by past due status, and by loan class including those that are in non-performing status or that are accruing interest but are past due 90 days or more at September 30, 2019 and December 31, 2018 September 30, 2019 Puerto Rico Past due Past due 90 days or more 30-59 60-89 90 days Total Non-accrual Accruing (In thousands) days days or more past due Current Loans HIP loans loans [1] Commercial multi-family $ 331 $ - $ 1,824 $ 2,155 $ 146,395 $ 148,550 $ 1,784 $ - Commercial real estate: Non-owner occupied 25,497 3,449 47,692 76,638 2,020,511 2,097,149 43,349 - Owner occupied 9,284 2,682 90,507 102,473 1,514,624 1,617,097 75,513 - Commercial and industrial 31,435 6,703 46,104 84,242 3,221,615 3,305,857 45,720 311 Construction - 263 274 537 123,535 124,072 274 - Mortgage 287,578 142,727 876,960 1,307,265 4,928,311 6,235,576 296,025 459,704 Leasing 10,906 2,745 2,733 16,384 1,006,100 1,022,484 2,733 - Consumer: Credit cards 10,099 7,080 16,459 33,638 1,002,579 1,036,217 - 16,459 Home equity lines of credit 15 - 887 902 4,981 5,883 887 - Personal 13,724 10,012 19,418 43,154 1,306,449 1,349,603 18,710 15 Auto 85,717 19,973 22,954 128,644 2,719,114 2,847,758 22,954 - Other 660 617 13,149 14,426 127,910 142,336 12,824 325 Total $ 475,246 $ 196,251 $ 1,138,961 $ 1,810,458 $ 18,122,124 $ 19,932,582 $ 520,773 $ 476,814 [1] Loans HIP of $ 141 million accounted for under ASC Subtopic 310-30 are excluded from the above table as they are considered to be performing due to the application of the accretion method, in which these loans will accrete interest income over the remaining life of the loans using estimated cash flow analysis. September 30, 2019 Popular U.S. Past due Past due 90 days or more 30-59 60-89 90 days Total Non-accrual Accruing (In thousands) days days or more past due Current Loans HIP loans loans [1] Commercial multi-family $ - $ - $ 2,097 $ 2,097 $ 1,598,517 $ 1,600,614 $ 2,097 $ - Commercial real estate: Non-owner occupied - - 292 292 1,953,919 1,954,211 292 - Owner occupied 4,884 243 259 5,386 313,733 319,119 259 - Commercial and industrial 2,449 76 48,563 51,088 1,114,764 1,165,852 683 - Construction - - 10,060 10,060 619,924 629,984 10,060 - Mortgage 1,159 4,049 9,517 14,725 918,318 933,043 9,517 - Legacy 54 89 2,318 2,461 20,731 23,192 2,318 - Consumer: Credit cards - - - - 78 78 - - Home equity lines of credit 685 894 10,117 11,696 112,806 124,502 10,117 - Personal 1,852 1,499 1,670 5,021 319,084 324,105 1,670 - Other 20 - 6 26 667 693 6 - Total $ 11,103 $ 6,850 $ 84,899 $ 102,852 $ 6,972,541 $ 7,075,393 $ 37,019 $ - [1] Loans HIP of $ 48 million accounted for under ASC Subtopic 310-30 are excluded from the above table as they are considered to be performing due to the application of the accretion method, in which these loans will accrete interest income over the remaining life of the loans using estimated cash flow analysis. September 30, 2019 Popular, Inc. Past due Past due 90 days or more 30-59 60-89 90 days Total Non-accrual Accruing (In thousands) days days or more past due Current Loans HIP [3] [4] loans loans [5] Commercial multi-family $ 331 $ - $ 3,921 $ 4,252 $ 1,744,912 $ 1,749,164 $ 3,881 $ - Commercial real estate: Non-owner occupied 25,497 3,449 47,984 76,930 3,974,430 4,051,360 43,641 - Owner occupied 14,168 2,925 90,766 107,859 1,828,357 1,936,216 75,772 - Commercial and industrial 33,884 6,779 94,667 135,330 4,336,379 4,471,709 46,403 311 Construction - 263 10,334 10,597 743,459 754,056 10,334 - Mortgage [1] 288,737 146,776 886,477 1,321,990 5,846,629 7,168,619 305,542 459,704 Leasing 10,906 2,745 2,733 16,384 1,006,100 1,022,484 2,733 - Legacy [2] 54 89 2,318 2,461 20,731 23,192 2,318 - Consumer: Credit cards 10,099 7,080 16,459 33,638 1,002,657 1,036,295 - 16,459 Home equity lines of credit 700 894 11,004 12,598 117,787 130,385 11,004 - Personal 15,576 11,511 21,088 48,175 1,625,533 1,673,708 20,380 15 Auto 85,717 19,973 22,954 128,644 2,719,114 2,847,758 22,954 - Other 680 617 13,155 14,452 128,577 143,029 12,830 325 Total $ 486,349 $ 203,101 $ 1,223,860 $ 1,913,310 $ 25,094,665 $ 27,007,975 $ 557,792 $ 476,814 [1] It is the Corporation’s policy to report delinquent residential mortgage loans insured by FHA or guaranteed by the VA as accruing loans past due 90 days or more as opposed to non-performing since the principal repayment is insured. [2] The legacy portfolio is comprised of commercial loans, construction loans and lease financings related to certain lending products exited by the Corporation as part of restructuring efforts carried out in prior years at the Popular U.S. segment. [3] Loans held-in-portfolio are net of $ 173 million in unearned income and exclude $ 56 million in loans held-for-sale. [4] Includes $ 6.7 billion pledged to secure credit facilities and public funds that the secured parties are not permitted to sell or repledge the collateral, of which $ 4.6 billion were pledged at the Federal Home Loan Bank ("FHLB") as collateral for borrowings and $ 2.1 billion at the Federal Reserve Bank ("FRB") for discount window borrowings. [5] Loans HIP of $ 189 million accounted for under ASC Subtopic 310-30 are excluded from the above table as they are considered to be performing due to the application of the accretion method, in which these loans will accrete interest income over the remaining life of the loans using estimated cash flow analysis. December 31, 2018 Puerto Rico Past due Past due 90 days or more 30-59 60-89 90 days Total Non-accrual Accruing (In thousands) days days or more past due Current Loans HIP loans loans [1] Commercial multi-family $ 1,441 $ 112 $ 598 $ 2,151 $ 143,477 $ 145,628 $ 546 $ - Commercial real estate: Non-owner occupied 92,075 839 45,691 138,605 2,183,996 2,322,601 39,257 - Owner occupied 6,681 10,839 99,235 116,755 1,605,498 1,722,253 88,069 - Commercial and industrial 4,137 641 55,321 60,099 3,122,062 3,182,161 55,078 243 Construction - - 1,788 1,788 84,167 85,955 1,788 - Mortgage 275,367 128,104 1,043,607 1,447,078 4,986,245 6,433,323 323,565 595,525 Leasing 7,663 1,827 3,313 12,803 921,970 934,773 3,313 - Consumer: Credit cards 9,504 7,391 16,035 32,930 1,014,343 1,047,273 - 16,035 Home equity lines of credit - 97 165 262 5,089 5,351 11 154 Personal 13,069 7,907 18,515 39,491 1,211,134 1,250,625 17,887 35 Auto 52,204 9,862 24,177 86,243 2,522,542 2,608,785 24,050 127 Other 566 288 14,958 15,812 128,932 144,744 14,534 424 Total $ 462,707 $ 167,907 $ 1,323,403 $ 1,954,017 $ 17,929,455 $ 19,883,472 $ 568,098 $ 612,543 [1] Non-covered loans HIP of $ 143 million accounted for under ASC Subtopic 310-30 are excluded from the above table as they are considered to be performing due to the application of the accretion method, in which these loans will accrete interest income over the remaining life of the loans using estimated cash flow analysis. December 31, 2018 Popular U.S. Past due Past due 90 days or more 30-59 60-89 90 days Total Non-accrual Accruing (In thousands) days days or more past due Current Loans HIP loans loans [1] Commercial multi-family $ 3,163 $ - $ - $ 3,163 $ 1,398,377 $ 1,401,540 $ - $ - Commercial real estate: Non-owner occupied 707 288 365 1,360 1,880,384 1,881,744 365 - Owner occupied 5,125 1,728 381 7,234 291,705 298,939 381 - Commercial and industrial 2,354 995 73,726 77,075 1,011,078 1,088,153 330 - Construction - - 12,060 12,060 681,434 693,494 12,060 - Mortgage 13,615 3,197 11,033 27,845 774,090 801,935 11,033 - Legacy 195 445 2,627 3,267 22,682 25,949 2,627 - Consumer: Credit cards 2 - - 2 36 38 - - Home equity lines of credit 886 464 13,579 14,929 128,123 143,052 13,579 - Personal 2,319 1,723 2,610 6,652 282,697 289,349 2,610 - Other - - 4 4 220 224 4 - Total $ 28,366 $ 8,840 $ 116,385 $ 153,591 $ 6,470,826 $ 6,624,417 $ 42,989 $ - [1] Non-covered loans HIP of $ 73 million accounted for under ASC Subtopic 310-30 are excluded from the above table as they are considered to be performing due to the application of the accretion method, in which these loans will accrete interest income over the remaining life of the loans using estimated cash flow analysis. December 31, 2018 Popular, Inc. Past due Past due 90 days or more 30-59 60-89 90 days Total Non-accrual Accruing (In thousands) days days or more past due Current Loans HIP [3] [4] loans loans [5] Commercial multi-family $ 4,604 $ 112 $ 598 $ 5,314 $ 1,541,854 $ 1,547,168 $ 546 $ - Commercial real estate: Non-owner occupied 92,782 1,127 46,056 139,965 4,064,380 4,204,345 39,622 - Owner occupied 11,806 12,567 99,616 123,989 1,897,203 2,021,192 88,450 - Commercial and industrial 6,491 1,636 129,047 137,174 4,133,140 4,270,314 55,408 243 Construction - - 13,848 13,848 765,601 779,449 13,848 - Mortgage [1] 288,982 131,301 1,054,640 1,474,923 5,760,335 7,235,258 334,598 595,525 Leasing 7,663 1,827 3,313 12,803 921,970 934,773 3,313 - Legacy [2] 195 445 2,627 3,267 22,682 25,949 2,627 - Consumer: Credit cards 9,506 7,391 16,035 32,932 1,014,379 1,047,311 - 16,035 Home equity lines of credit 886 561 13,744 15,191 133,212 148,403 13,590 154 Personal 15,388 9,630 21,125 46,143 1,493,831 1,539,974 20,497 35 Auto 52,204 9,862 24,177 86,243 2,522,542 2,608,785 24,050 127 Other 566 288 14,962 15,816 129,152 144,968 14,538 424 Total $ 491,073 $ 176,747 $ 1,439,788 $ 2,107,608 $ 24,400,281 $ 26,507,889 $ 611,087 $ 612,543 [1] It is the Corporation’s policy to report delinquent residential mortgage loans insured by FHA or guaranteed by the VA as accruing loans past due 90 days or more as opposed to non-performing since the principal repayment is insured. [2] The legacy portfolio is comprised of commercial loans, construction loans and lease financings related to certain lending products exited by the Corporation as part of restructuring efforts carried out in prior years at the Popular U.S. segment. [3] Loans held-in-portfolio are net of $ 156 million in unearned income and exclude $ 51 million in loans held-for-sale. [4] Includes $ 6.9 billion pledged to secure credit facilities and public funds that the secured parties are not permitted to sell or repledge the collateral, of which $ 4.8 billion were pledged at the FHLB as collateral for borrowings and $ 2.1 billion at the FRB for discount window borrowings. [5] Non-covered loans HIP of $ 216 million accounted for under ASC Subtopic 310-30 are excluded from the above table as they are considered to be performing due to the application of the accretion method, in which these loans will accrete interest income over the remaining life of the loans using estimated cash flow analysis. At September 30, 2019, mortgage loans held-in-portfolio include $ 1.4 billion of loans insured by the Federal Housing Administration (“FHA”), or guaranteed by the U.S. Department of Veterans Affairs (“VA”) of which $ 461 million are 90 days or more past due, including $ 99 million of loans rebooked under the GNMA buyback option, discussed below (December 31, 2018 - $ 1.4 billion, $ 598 million and $ 134 million, respectively). Within this portfolio, loans in a delinquency status of 90 days or more are reported as accruing loans as opposed to non-performing since the principal repayment is insured. These balances include $ 241 million of residential mortgage loans in Puerto Rico that are no longer accruing interest as of September 30, 2019 (December 31, 2018 - $ 283 million). Additionally, the Corporation has approximately $ 65 million in reverse mortgage loans in Puerto Rico which are guaranteed by FHA, but which are currently not accruing interest at September 30, 2019 (December 31, 2018 - $ 69 million). Loans with a delinquency status of 90 days past due as of September 30, 2019 include $ 99 million in loans previously pooled into GNMA securities (December 31, 2018 - $ 134 million). Under the GNMA program, issuers such as BPPR have the option but not the obligation to repurchase loans that are 90 days or more past due. For accounting purposes, these loans subject to the repurchase option are required to be reflected on the financial statements of BPPR with an offsetting liability. Loans acquired with deteriorated credit quality accounted for under ASC 310-30 The following provides information of loans acquired with evidence of credit deterioration as of the acquisition date, accounted for under the guidance of ASC 310-30. The outstanding principal balance of acquired loans accounted pursuant to ASC Subtopic 310-30, amounted to $ 1.9 billion at September 30, 2019 (December 31, 2018 - $ 2.2 billion). The carrying amount of these loans consisted of loans determined to be impaired at the time of acquisition, which are accounted for in accordance with ASC Subtopic 310-30 (“credit impaired loans”), and loans that were considered to be performing at the acquisition date, accounted for by analogy to ASC Subtopic 310-30 (“non-credit impaired loans”). The following table provides the carrying amount of acquired loans accounted for under ASC 310-30 by portfolio at September 30, 2019 and December 31, 2018. Carrying amount (In thousands) September 30, 2019 December 31, 2018 Commercial real estate $ 683,046 $ 801,774 Commercial and industrial 134,962 84,465 Mortgage 871,803 982,821 Consumer 12,563 14,496 Carrying amount 1,702,374 1,883,556 Allowance for loan losses ( 94,610) ( 122,135) Carrying amount, net of allowance $ 1,607,764 $ 1,761,421 At September 30, 2019, none of the acquired loans accounted for under ASC Subtopic 310-30 were considered non-performing loans. Therefore, interest income, through accretion of the difference between the carrying amount of the loans and the expected cash flows, was recognized on all acquired loans. Changes in the carrying amount and the accretable yield for the loans accounted pursuant to the ASC Subtopic 310-30, for the quarters and nine months ended September 30, 2019 and 2018, were as follows: Carrying amount of acquired loans accounted for pursuant to ASC 310-30 For the quarter ended For the nine months ended (In thousands) September 30, 2019 September 30, 2018 September 30, 2019 September 30, 2018 Beginning balance $ 1,789,237 $ 2,033,457 $ 1,883,556 $ 2,108,993 Additions 11,891 3,062 27,639 8,334 Accretion 35,502 38,886 111,083 121,752 Collections / loan sales / charge-offs ( 134,256) ( 84,783) ( 319,904) ( 248,457) Ending balance [1] $ 1,702,374 $ 1,990,622 $ 1,702,374 $ 1,990,622 Allowance for loan losses ( 94,610) ( 168,559) ( 94,610) ( 168,559) Ending balance, net of ALLL $ 1,607,764 $ 1,822,063 $ 1,607,764 $ 1,822,063 [1] At September 30, 2019, includes $ 1.2 billion of loans considered non-credit impaired at the acquisition date (September 30, 2018 - $ 1.5 billion). Activity in the accretable yield of acquired loans accounted for pursuant to ASC 310-30 For the quarter ended For the nine months ended (In thousands) September 30, 2019 September 30, 2018 September 30, 2019 September 30, 2018 Beginning balance $ 1,042,407 $ 1,178,042 $ 1,092,504 $ 1,214,488 Additions 7,711 315 19,577 3,752 Accretion ( 35,502) ( 38,886) ( 111,083) ( 121,752) Change in expected cash flows 5,043 ( 16,739) 18,661 26,244 Ending balance [1] $ 1,019,659 $ 1,122,732 $ 1,019,659 $ 1,122,732 [1] At September 30, 2019, includes $ 0.7 billion of loans considered non-credit impaired at the acquisition date (September 30, 2018 - $ 0.8 billion).

Allowance for loan losses

Allowance for loan losses	9 Months Ended
	Sep. 30, 2019
Receivables
Allowance for loan losses	Note 9 – Allowance for loan losses The Corporation follows a systematic methodology to establish and evaluate the adequacy of the allowance for loan losses (“ALLL”) to provide for inherent losses in the loan portfolio. This methodology includes the consideration of factors such as current economic conditions, portfolio risk characteristics, prior loss experience and results of periodic credit reviews of individual loans. The provision for loan losses charged to current operations is based on this methodology. Loan losses are charged and recoveries are credited to the ALLL. The Corporation’s assessment of the ALLL is determined in accordance with the guidance of loss contingencies in ASC Subtopic 450-20 and loan impairment guidance in ASC Section 310-10-35. Also, the Corporation determines the ALLL on purchased impaired loans and purchased loans accounted for under ASC Subtopic 310-30, by evaluating decreases in expected cash flows after the acquisition date. The accounting guidance provides for the recognition of a loss allowance for groups of homogeneous loans. The determination of the general ALLL includes the following principal factors: Base net loss rates, which are based on the moving average of annualized net loss rates computed over a 5-year historical loss period for the commercial and construction loan portfolios, and an 18-month period for the consumer and mortgage loan portfolios. The base net loss rates are applied by loan type and by legal entity. Recent loss trend adjustment, which replaces the base loss rate with a 12-month average loss rate, when these trends are higher than the respective base loss rates. The objective of this adjustment is to allow for a more recent loss trend to be captured and reflected in the ALLL estimation process. For the period ended September 30, 2019, 24% (September 30, 2018 - 80%) of the ALLL for the BPPR segment loan portfolios utilized the recent loss trend adjustment instead of the base loss. The effect of replacing the base loss with the recent loss trend adjustment was mainly concentrated in the commercial real estate non-owner occupied portfolio for 2019 and in the mortgage, leasing and overall consumer portfolios for 2018. For the period ended September 30, 2019, 13% (September 30, 2018 - 6 %) of the Popular U.S. segment loan portfolios utilized the recent loss trend adjustment instead of the base loss. The effect of replacing the base loss with the recent loss trend adjustment was concentrated in the construction and commercial real estate owner occupied portfolios for 2019 and in the consumer portfolios for 2018. Environmental factors, which include credit and macroeconomic indicators such as unemployment rate, economic activity index and delinquency rates, adopted to account for current market conditions that are likely to cause estimated credit losses to differ from historical losses. The Corporation reflects the effect of these environmental factors on each loan group as an adjustment that, as appropriate, increases the historical loss rate applied to each group. Environmental factors provide updated perspective on credit and economic conditions. Regression analysis is used to select these indicators and quantify the effect on the general ALLL. The Corporation’s methodology also includes qualitative judgmental reserves based on stressed credit quality assumptions to provide for probable losses in the loan portfolios not embedded in the historical loss rates. During the third quarter of 2019, management completed the recalibration analysis of the environmental factors adjustments. The environmental factors adjustments are developed by performing regression analyses on selected credit and economic indicators for each applicable loan segment. The environmental factor models used to account for changes in current credit and macroeconomic conditions were reviewed and recalibrated based on the latest applicable trends. The effect of the recalibration resulted in an increase of $ 4.6 million to the environmental factors adjustments reserve at the Popular U.S. segment. The following tables present the changes in the allowance for loan losses, loan ending balances and whether such loans and the allowance pertain to loans individually or collectively evaluated for impairment for the quarters and nine months ended September 30, 2019 and 2018. For the quarter ended September 30, 2019 Puerto Rico (In thousands) Commercial Construction Mortgage Leasing Consumer Total Allowance for credit losses: Beginning balance $ 190,227 $ 2,996 $ 127,930 $ 6,907 $ 148,131 $ 476,191 Provision (reversal of provision) ( 18,036) ( 4,916) 6,494 3,739 47,198 34,479 Charge-offs ( 15,419) ( 27) ( 13,886) ( 4,040) ( 46,398) ( 79,770) Recoveries 4,787 3,013 1,197 587 10,286 19,870 Ending balance $ 161,559 $ 1,066 $ 121,735 $ 7,193 $ 159,217 $ 450,770 Specific ALLL $ 30,130 $ 57 $ 40,483 $ 71 $ 21,009 $ 91,750 General ALLL $ 131,429 $ 1,009 $ 81,252 $ 7,122 $ 138,208 $ 359,020 Loans held-in-portfolio: Impaired loans $ 407,124 $ 274 $ 523,876 $ 624 $ 95,356 $ 1,027,254 Loans held-in-portfolio excluding impaired loans 6,761,529 123,798 5,711,700 1,021,860 5,286,441 18,905,328 Total loans held-in-portfolio $ 7,168,653 $ 124,072 $ 6,235,576 $ 1,022,484 $ 5,381,797 $ 19,932,582 For the quarter ended September 30, 2019 Popular U.S. (In thousands) Commercial Construction Mortgage Legacy Consumer Total Allowance for credit losses: Beginning balance $ 35,302 $ 6,887 $ 4,586 $ 774 $ 19,926 $ 67,475 Provision (reversal of provision) ( 2,507) 2,826 288 ( 280) 1,733 2,060 Charge-offs ( 5,912) ( 2,215) - ( 2) ( 4,619) ( 12,748) Recoveries 2,279 - 18 299 2,212 4,808 Ending balance $ 29,162 $ 7,498 $ 4,892 $ 791 $ 19,252 $ 61,595 Specific ALLL $ - $ - $ 2,385 $ - $ 1,711 $ 4,096 General ALLL $ 29,162 $ 7,498 $ 2,507 $ 791 $ 17,541 $ 57,499 Loans held-in-portfolio: Impaired loans $ 2,097 $ 10,060 $ 9,441 $ - $ 9,761 $ 31,359 Loans held-in-portfolio excluding impaired loans 5,037,699 619,924 923,602 23,192 439,617 7,044,034 Total loans held-in-portfolio $ 5,039,796 $ 629,984 $ 933,043 $ 23,192 $ 449,378 $ 7,075,393 For the quarter ended September 30, 2019 Popular, Inc. (In thousands) Commercial Construction Mortgage Legacy Leasing Consumer Total Allowance for credit losses: Beginning balance $ 225,529 $ 9,883 $ 132,516 $ 774 $ 6,907 $ 168,057 $ 543,666 Provision (reversal of provision) ( 20,543) ( 2,090) 6,782 ( 280) 3,739 48,931 36,539 Charge-offs ( 21,331) ( 2,242) ( 13,886) ( 2) ( 4,040) ( 51,017) ( 92,518) Recoveries 7,066 3,013 1,215 299 587 12,498 24,678 Ending balance $ 190,721 $ 8,564 $ 126,627 $ 791 $ 7,193 $ 178,469 $ 512,365 Specific ALLL $ 30,130 $ 57 $ 42,868 $ - $ 71 $ 22,720 $ 95,846 General ALLL $ 160,591 $ 8,507 $ 83,759 $ 791 $ 7,122 $ 155,749 $ 416,519 Loans held-in-portfolio: Impaired loans $ 409,221 $ 10,334 $ 533,317 $ - $ 624 $ 105,117 $ 1,058,613 Loans held-in-portfolio excluding impaired loans 11,799,228 743,722 6,635,302 23,192 1,021,860 5,726,058 25,949,362 Total loans held-in-portfolio $ 12,208,449 $ 754,056 $ 7,168,619 $ 23,192 $ 1,022,484 $ 5,831,175 $ 27,007,975 For the nine months ended September 30, 2019 Puerto Rico (In thousands) Commercial Construction Mortgage Leasing Consumer Total Allowance for credit losses: Beginning balance $ 207,214 $ 886 $ 142,978 $ 11,486 $ 144,594 $ 507,158 Provision (reversal of provision) ( 18,245) ( 2,877) 11,342 2,276 102,412 94,908 Charge-offs ( 40,275) ( 79) ( 37,056) ( 8,467) ( 120,187) ( 206,064) Recoveries 12,865 3,136 4,471 1,898 32,398 54,768 Ending balance $ 161,559 $ 1,066 $ 121,735 $ 7,193 $ 159,217 $ 450,770 Specific ALLL $ 30,130 $ 57 $ 40,483 $ 71 $ 21,009 $ 91,750 General ALLL $ 131,429 $ 1,009 $ 81,252 $ 7,122 $ 138,208 $ 359,020 Loans held-in-portfolio: Impaired loans $ 407,124 $ 274 $ 523,876 $ 624 $ 95,356 $ 1,027,254 Loans held-in-portfolio excluding impaired loans 6,761,529 123,798 5,711,700 1,021,860 5,286,441 18,905,328 Total loans held-in-portfolio $ 7,168,653 $ 124,072 $ 6,235,576 $ 1,022,484 $ 5,381,797 $ 19,932,582 For the nine months ended September 30, 2019 Popular U.S. (In thousands) Commercial Construction Mortgage Legacy Consumer Total Allowance for credit losses: Beginning balance $ 31,901 $ 6,538 $ 4,434 $ 969 $ 18,348 $ 62,190 Provision (reversal of provision) 9,519 3,167 899 ( 1,467) 11,529 23,647 Charge-offs ( 15,737) ( 2,215) ( 594) 142 ( 15,879) ( 34,283) Recoveries 3,479 8 153 1,147 5,254 10,041 Ending balance $ 29,162 $ 7,498 $ 4,892 $ 791 $ 19,252 $ 61,595 Specific ALLL $ - $ - $ 2,385 $ - $ 1,711 $ 4,096 General ALLL $ 29,162 $ 7,498 $ 2,507 $ 791 $ 17,541 $ 57,499 Loans held-in-portfolio: Impaired loans $ 2,097 $ 10,060 $ 9,441 $ - $ 9,761 $ 31,359 Loans held-in-portfolio excluding impaired loans 5,037,699 619,924 923,602 23,192 439,617 7,044,034 Total loans held-in-portfolio $ 5,039,796 $ 629,984 $ 933,043 $ 23,192 $ 449,378 $ 7,075,393 For the nine months ended September 30, 2019 Popular, Inc. (In thousands) Commercial Construction Mortgage Legacy Leasing Consumer Total Allowance for credit losses: Beginning balance $ 239,115 $ 7,424 $ 147,412 $ 969 $ 11,486 $ 162,942 $ 569,348 Provision (reversal of provision) ( 8,726) 290 12,241 ( 1,467) 2,276 113,941 118,555 Charge-offs ( 56,012) ( 2,294) ( 37,650) 142 ( 8,467) ( 136,066) ( 240,347) Recoveries 16,344 3,144 4,624 1,147 1,898 37,652 64,809 Ending balance $ 190,721 $ 8,564 $ 126,627 $ 791 $ 7,193 $ 178,469 $ 512,365 Specific ALLL $ 30,130 $ 57 $ 42,868 $ - $ 71 $ 22,720 $ 95,846 General ALLL $ 160,591 $ 8,507 $ 83,759 $ 791 $ 7,122 $ 155,749 $ 416,519 Loans held-in-portfolio: Impaired loans $ 409,221 $ 10,334 $ 533,317 $ - $ 624 $ 105,117 $ 1,058,613 Loans held-in-portfolio excluding impaired loans 11,799,228 743,722 6,635,302 23,192 1,021,860 5,726,058 25,949,362 Total loans held-in-portfolio $ 12,208,449 $ 754,056 $ 7,168,619 $ 23,192 $ 1,022,484 $ 5,831,175 $ 27,007,975 For the quarter ended September 30, 2018 Puerto Rico (In thousands) Commercial Construction Mortgage Leasing Consumer Total Allowance for credit losses: Beginning balance $ 190,926 $ 765 $ 182,103 $ 14,285 $ 179,066 $ 567,145 Provision (reversal of provision) 21,548 ( 12) 10,145 ( 422) 20,618 51,877 Charge-offs ( 7,335) ( 21) ( 23,526) ( 2,088) ( 42,180) ( 75,150) Recoveries 4,966 146 1,564 531 9,097 16,304 Ending balance $ 210,105 $ 878 $ 170,286 $ 12,306 $ 166,601 $ 560,176 Specific ALLL $ 52,250 $ - $ 43,841 $ 297 $ 24,906 $ 121,294 General ALLL $ 157,855 $ 878 $ 126,445 $ 12,009 $ 141,695 $ 438,882 Loans held-in-portfolio: Impaired loans $ 356,007 $ 1,829 $ 508,258 $ 931 $ 107,184 $ 974,209 Loans held-in-portfolio excluding impaired loans 7,051,469 75,964 6,023,018 902,609 4,796,084 18,849,144 Total loans held-in-portfolio $ 7,407,476 $ 77,793 $ 6,531,276 $ 903,540 $ 4,903,268 $ 19,823,353 For the quarter ended September 30, 2018 Popular U.S. (In thousands) Commercial Construction Mortgage Legacy Consumer Total Allowance for credit losses: Beginning balance $ 50,920 $ 6,937 $ 4,363 $ 700 $ 12,953 $ 75,873 Provision (reversal of provision) ( 14,744) 7,305 ( 65) ( 1,008) 11,022 2,510 Charge-offs ( 2,792) - ( 17) ( 81) ( 5,015) ( 7,905) Recoveries 1,051 - 20 766 1,227 3,064 Ending balance $ 34,435 $ 14,242 $ 4,301 $ 377 $ 20,187 $ 73,542 Specific ALLL $ - $ 5,530 $ 2,364 $ - $ 1,349 $ 9,243 General ALLL $ 34,435 $ 8,712 $ 1,937 $ 377 $ 18,838 $ 64,299 Loans held-in-portfolio: Impaired loans $ - $ 17,866 $ 8,825 $ - $ 7,388 $ 34,079 Loans held-in-portfolio excluding impaired loans 4,586,231 847,706 764,069 27,566 429,164 6,654,736 Total loans held-in-portfolio $ 4,586,231 $ 865,572 $ 772,894 $ 27,566 $ 436,552 $ 6,688,815 For the quarter ended September 30, 2018 Popular, Inc. (In thousands) Commercial Construction Mortgage Legacy Leasing Consumer Total Allowance for credit losses: Beginning balance $ 241,846 $ 7,702 $ 186,466 $ 700 $ 14,285 $ 192,019 $ 643,018 Provision (reversal of provision) 6,804 7,293 10,080 ( 1,008) ( 422) 31,640 54,387 Charge-offs ( 10,127) ( 21) ( 23,543) ( 81) ( 2,088) ( 47,195) ( 83,055) Recoveries 6,017 146 1,584 766 531 10,324 19,368 Ending balance $ 244,540 $ 15,120 $ 174,587 $ 377 $ 12,306 $ 186,788 $ 633,718 Specific ALLL $ 52,250 $ 5,530 $ 46,205 $ - $ 297 $ 26,255 $ 130,537 General ALLL $ 192,290 $ 9,590 $ 128,382 $ 377 $ 12,009 $ 160,533 $ 503,181 Loans held-in-portfolio: Impaired loans $ 356,007 $ 19,695 $ 517,083 $ - $ 931 $ 114,572 $ 1,008,288 Loans held-in-portfolio excluding impaired loans 11,637,700 923,670 6,787,087 27,566 902,609 5,225,248 25,503,880 Total loans held-in-portfolio $ 11,993,707 $ 943,365 $ 7,304,170 $ 27,566 $ 903,540 $ 5,339,820 $ 26,512,168 For the nine months ended September 30, 2018 Puerto Rico - Non-covered loans (In thousands) Commercial Construction Mortgage Leasing Consumer Total Allowance for credit losses: Beginning balance $ 171,531 $ 1,286 $ 159,081 $ 11,991 $ 174,215 $ 518,104 Provision (reversal of provision) 52,846 ( 1,042) 24,564 5,022 71,610 153,000 Charge-offs ( 25,626) 9 ( 50,164) ( 6,404) ( 101,703) ( 183,888) Recoveries 11,354 625 3,383 1,697 22,291 39,350 Allowance transferred from covered loans - - 33,422 - 188 33,610 Ending balance $ 210,105 $ 878 $ 170,286 $ 12,306 $ 166,601 $ 560,176 Specific ALLL $ 52,250 $ - $ 43,841 $ 297 $ 24,906 $ 121,294 General ALLL $ 157,855 $ 878 $ 126,445 $ 12,009 $ 141,695 $ 438,882 Loans held-in-portfolio: Impaired non-covered loans $ 356,007 $ 1,829 $ 508,258 $ 931 $ 107,184 $ 974,209 Non-covered loans held-in-portfolio excluding impaired loans 7,051,469 75,964 6,023,018 902,609 4,796,084 18,849,144 Total non-covered loans held-in-portfolio $ 7,407,476 $ 77,793 $ 6,531,276 $ 903,540 $ 4,903,268 $ 19,823,353 For the nine months ended September 30, 2018 Puerto Rico - Covered Loans (In thousands) Commercial Construction Mortgage Leasing Consumer Total Allowance for credit losses: Beginning balance $ - $ - $ 32,521 $ - $ 723 $ 33,244 Provision (reversal of provision) - - 2,265 - ( 535) 1,730 Charge-offs - - ( 1,446) - ( 2) ( 1,448) Recoveries - - 82 - 2 84 Allowance transferred to non-covered loans - - ( 33,422) - ( 188) ( 33,610) Ending balance $ - $ - $ - $ - $ - $ - Specific ALLL $ - $ - $ - $ - $ - $ - General ALLL $ - $ - $ - $ - $ - $ - Loans held-in-portfolio: Impaired covered loans $ - $ - $ - $ - $ - $ - Covered loans held-in-portfolio excluding impaired loans - - - - - - Total covered loans held-in-portfolio $ - $ - $ - $ - $ - $ - For the nine months ended September 30, 2018 Popular U.S. (In thousands) Commercial Construction Mortgage Legacy Consumer Total Allowance for credit losses: Beginning balance $ 44,134 $ 7,076 $ 4,541 $ 798 $ 15,529 $ 72,078 Provision (reversal of provision) 9,004 7,166 ( 529) ( 1,714) 16,847 30,774 Charge-offs ( 22,435) - ( 160) ( 252) ( 16,329) ( 39,176) Recoveries 3,732 - 449 1,545 4,140 9,866 Ending balance $ 34,435 $ 14,242 $ 4,301 $ 377 $ 20,187 $ 73,542 Specific ALLL $ - $ 5,530 $ 2,364 $ - $ 1,349 $ 9,243 General ALLL $ 34,435 $ 8,712 $ 1,937 $ 377 $ 18,838 $ 64,299 Loans held-in-portfolio: Impaired loans $ - $ 17,866 $ 8,825 $ - $ 7,388 $ 34,079 Loans held-in-portfolio excluding impaired loans 4,586,231 847,706 764,069 27,566 429,164 6,654,736 Total loans held-in-portfolio $ 4,586,231 $ 865,572 $ 772,894 $ 27,566 $ 436,552 $ 6,688,815 For the nine months ended September 30, 2018 Popular, Inc. (In thousands) Commercial Construction Mortgage Legacy Leasing Consumer Total Allowance for credit losses: Beginning balance $ 215,665 $ 8,362 $ 196,143 $ 798 $ 11,991 $ 190,467 $ 623,426 Provision (reversal of provision) 61,850 6,124 26,300 ( 1,714) 5,022 87,922 185,504 Charge-offs ( 48,061) 9 ( 51,770) ( 252) ( 6,404) ( 118,034) ( 224,512) Recoveries 15,086 625 3,914 1,545 1,697 26,433 49,300 Ending balance $ 244,540 $ 15,120 $ 174,587 $ 377 $ 12,306 $ 186,788 $ 633,718 Specific ALLL $ 52,250 $ 5,530 $ 46,205 $ - $ 297 $ 26,255 $ 130,537 General ALLL $ 192,290 $ 9,590 $ 128,382 $ 377 $ 12,009 $ 160,533 $ 503,181 Loans held-in-portfolio: Impaired loans $ 356,007 $ 19,695 $ 517,083 $ - $ 931 $ 114,572 $ 1,008,288 Loans held-in-portfolio excluding impaired loans 11,637,700 923,670 6,787,087 27,566 902,609 5,225,248 25,503,880 Total loans held-in-portfolio $ 11,993,707 $ 943,365 $ 7,304,170 $ 27,566 $ 903,540 $ 5,339,820 $ 26,512,168 The following table provides the activity in the allowance for loan losses related to loans accounted for pursuant to ASC Subtopic 310-30. ASC 310-30 For the quarters ended For the nine months ended (In thousands) September 30, 2019 September 30, 2018 September 30, 2019 September 30, 2018 Balance at beginning of period $ 120,818 $ 156,328 $ 122,135 $ 119,505 Provision (reversal of provision) ( 14,617) 17,854 ( 2,007) 78,317 Net charge-offs ( 11,591) ( 5,623) ( 25,518) ( 29,263) Balance at end of period $ 94,610 $ 168,559 $ 94,610 $ 168,559 Impaired loans The following tables present loans individually evaluated for impairment at September 30, 2019 and December 31, 2018. September 30, 2019 Puerto Rico Impaired Loans – With an Impaired Loans Allowance With No Allowance Impaired Loans - Total Unpaid Unpaid Unpaid Recorded principal Related Recorded principal Recorded principal Related (In thousands) investment balance allowance investment balance investment balance allowance Commercial multi-family $ 2,249 $ 2,284 $ 249 $ - $ - $ 2,249 $ 2,284 $ 249 Commercial real estate non-owner occupied 76,055 88,496 14,012 110,859 121,418 186,914 209,914 14,012 Commercial real estate owner occupied 111,600 130,895 5,607 27,573 59,748 139,173 190,643 5,607 Commercial and industrial 50,024 51,327 10,262 28,764 51,037 78,788 102,364 10,262 Construction 274 274 57 - - 274 274 57 Mortgage 419,665 477,034 40,483 104,211 139,550 523,876 616,584 40,483 Leasing 624 624 71 - - 624 624 71 Consumer: Credit cards 26,049 26,049 3,018 - - 26,049 26,049 3,018 Personal 68,147 68,147 17,824 - - 68,147 68,147 17,824 Auto 333 333 62 - - 333 333 62 Other 827 827 105 - - 827 827 105 Total Puerto Rico $ 755,847 $ 846,290 $ 91,750 $ 271,407 $ 371,753 $ 1,027,254 $ 1,218,043 $ 91,750 September 30, 2019 Popular U.S. Impaired Loans – With an Impaired Loans Allowance With No Allowance Impaired Loans - Total Unpaid Unpaid Unpaid Recorded principal Related Recorded principal Recorded principal Related (In thousands) investment balance allowance investment balance investment balance allowance Commercial multi-family $ - $ - $ - $ 2,097 $ 2,539 $ 2,097 $ 2,539 $ - Construction - - - 10,060 18,127 10,060 18,127 - Mortgage 6,961 7,313 2,385 2,480 2,844 9,441 10,157 2,385 Consumer: HELOCs 7,575 7,575 1,708 2,085 2,169 9,660 9,744 1,708 Personal 27 27 3 74 74 101 101 3 Total Popular U.S. $ 14,563 $ 14,915 $ 4,096 $ 16,796 $ 25,753 $ 31,359 $ 40,668 $ 4,096 September 30, 2019 Popular, Inc. Impaired Loans – With an Impaired Loans Allowance With No Allowance Impaired Loans - Total Unpaid Unpaid Unpaid Recorded principal Related Recorded principal Recorded principal Related (In thousands) investment balance allowance investment balance investment balance allowance Commercial multi-family $ 2,249 $ 2,284 $ 249 $ 2,097 $ 2,539 $ 4,346 $ 4,823 $ 249 Commercial real estate non-owner occupied 76,055 88,496 14,012 110,859 121,418 186,914 209,914 14,012 Commercial real estate owner occupied 111,600 130,895 5,607 27,573 59,748 139,173 190,643 5,607 Commercial and industrial 50,024 51,327 10,262 28,764 51,037 78,788 102,364 10,262 Construction 274 274 57 10,060 18,127 10,334 18,401 57 Mortgage 426,626 484,347 42,868 106,691 142,394 533,317 626,741 42,868 Leasing 624 624 71 - - 624 624 71 Consumer: Credit Cards 26,049 26,049 3,018 - - 26,049 26,049 3,018 HELOCs 7,575 7,575 1,708 2,085 2,169 9,660 9,744 1,708 Personal 68,174 68,174 17,827 74 74 68,248 68,248 17,827 Auto 333 333 62 - - 333 333 62 Other 827 827 105 - - 827 827 105 Total Popular, Inc. $ 770,410 $ 861,205 $ 95,846 $ 288,203 $ 397,506 $ 1,058,613 $ 1,258,711 $ 95,846 December 31, 2018 Puerto Rico Impaired Loans – With an Impaired Loans Allowance With No Allowance Impaired Loans - Total Unpaid Unpaid Unpaid Recorded principal Related Recorded principal Recorded principal Related (In thousands) investment balance allowance investment balance investment balance allowance Commercial multi-family $ 932 $ 932 $ 4 $ - $ - $ 932 $ 932 $ 4 Commercial real estate non-owner occupied 85,583 86,282 27,494 96,005 138,378 181,588 224,660 27,494 Commercial real estate owner occupied 113,592 132,677 7,857 26,474 60,485 140,066 193,162 7,857 Commercial and industrial 65,208 67,094 16,835 10,724 20,968 75,932 88,062 16,835 Construction 1,788 1,788 56 - - 1,788 1,788 56 Mortgage 408,767 458,010 38,760 100,701 135,084 509,468 593,094 38,760 Leasing 1,099 1,099 320 - - 1,099 1,099 320 Consumer: Credit cards 28,829 28,829 4,571 - - 28,829 28,829 4,571 Personal 72,989 72,989 19,098 - - 72,989 72,989 19,098 Auto 1,161 1,161 228 - - 1,161 1,161 228 Other 1,256 1,256 186 - - 1,256 1,256 186 Total Puerto Rico $ 781,204 $ 852,117 $ 115,409 $ 233,904 $ 354,915 $ 1,015,108 $ 1,207,032 $ 115,409 December 31, 2018 Popular U.S. Impaired Loans – With an Impaired Loans Allowance With No Allowance Impaired Loans - Total Unpaid Unpaid Unpaid Recorded principal Related Recorded principal Recorded principal Related (In thousands) investment balance allowance investment balance investment balance allowance Construction $ - $ - $ - $ 12,060 $ 18,127 $ 12,060 $ 18,127 $ - Mortgage 7,237 8,899 2,451 2,183 3,127 9,420 12,026 2,451 Consumer: HELOCs 6,236 6,285 1,558 1,498 1,572 7,734 7,857 1,558 Personal 631 631 252 142 143 773 774 252 Total Popular U.S. $ 14,104 $ 15,815 $ 4,261 $ 15,883 $ 22,969 $ 29,987 $ 38,784 $ 4,261 December 31, 2018 Popular, Inc. Impaired Loans – With an Impaired Loans Allowance With No Allowance Impaired Loans - Total Unpaid Unpaid Unpaid Recorded principal Related Recorded principal Recorded principal Related (In thousands) investment balance allowance investment balance investment balance allowance Commercial multi-family $ 932 $ 932 $ 4 $ - $ - $ 932 $ 932 $ 4 Commercial real estate non-owner occupied 85,583 86,282 27,494 96,005 138,378 181,588 224,660 27,494 Commercial real estate owner occupied 113,592 132,677 7,857 26,474 60,485 140,066 193,162 7,857 Commercial and industrial 65,208 67,094 16,835 10,724 20,968 75,932 88,062 16,835 Construction 1,788 1,788 56 12,060 18,127 13,848 19,915 56 Mortgage 416,004 466,909 41,211 102,884 138,211 518,888 605,120 41,211 Leasing 1,099 1,099 320 - - 1,099 1,099 320 Consumer: Credit Cards 28,829 28,829 4,571 - - 28,829 28,829 4,571 HELOCs 6,236 6,285 1,558 1,498 1,572 7,734 7,857 1,558 Personal 73,620 73,620 19,350 142 143 73,762 73,763 19,350 Auto 1,161 1,161 228 - - 1,161 1,161 228 Other 1,256 1,256 186 - - 1,256 1,256 186 Total Popular, Inc. $ 795,308 $ 867,932 $ 119,670 $ 249,787 $ 377,884 $ 1,045,095 $ 1,245,816 $ 119,670 The following tables present the average recorded investment and interest income recognized on impaired loans for the quarters and nine months ended September 30, 2019 and 2018. For the quarter ended September 30, 2019 Puerto Rico Popular U.S. Popular, Inc. Average Interest Average Interest Average Interest recorded income recorded income recorded income (In thousands) investment recognized investment recognized investment recognized Commercial multi-family $ 1,641 $ 12 $ 2,309 $ - $ 3,950 $ 12 Commercial real estate non-owner occupied 182,078 2,561 - - 182,078 2,561 Commercial real estate owner occupied 138,325 1,698 720 - 139,045 1,698 Commercial and industrial 74,674 888 - - 74,674 888 Construction 1,031 - 11,060 - 12,091 - Mortgage 522,567 4,399 9,417 155 531,984 4,554 Leasing 745 - - - 745 - Consumer: Credit cards 26,346 - - - 26,346 - HELOCs - - 9,749 - 9,749 - Personal 69,103 64 107 - 69,210 64 Auto 742 - - - 742 - Other 939 - - - 939 - Total Popular, Inc. $ 1,018,191 $ 9,622 $ 33,362 $ 155 $ 1,051,553 $ 9,777 For the quarter ended September 30, 2018 Puerto Rico Popular U.S. Popular, Inc. Average Interest Average Interest Average Interest recorded income recorded income recorded income (In thousands) investment recognized investment recognized investment recognized Commercial multi-family $ 1,100 $ 9 $ - $ - $ 1,100 $ 9 Commercial real estate non-owner occupied 132,927 1,371 - - 132,927 1,371 Commercial real estate owner occupied 148,931 1,636 - - 148,931 1,636 Commercial and industrial 74,770 1,053 - - 74,770 1,053 Construction 2,194 - 17,884 - 20,078 - Mortgage 507,919 3,561 9,277 43 517,196 3,604 Leasing 1,031 - - - 1,031 - Consumer: Credit cards 31,998 - - - 31,998 - HELOCs - - 6,208 - 6,208 - Personal 72,353 65 768 - 73,121 65 Auto 1,067 - - - 1,067 - Other 1,136 - - - 1,136 - Total Popular, Inc. $ 975,426 $ 7,695 $ 34,137 $ 43 $ 1,009,563 $ 7,738 For the nine months ended September 30, 2019 Puerto Rico Popular U.S. Popular, Inc. Average Interest Average Interest Average Interest recorded income recorded income recorded income (In thousands) investment recognized investment recognized investment recognized Commercial multi-family $ 1,284 $ 36 $ 1,155 $ - $ 2,439 $ 36 Commercial real estate non-owner occupied 180,401 6,987 - - 180,401 6,987 Commercial real estate owner occupied 139,086 4,831 783 - 139,869 4,831 Commercial and industrial 72,668 2,744 - - 72,668 2,744 Construction 1,410 - 11,560 - 12,970 - Mortgage 517,492 12,423 9,423 296 526,915 12,719 Leasing 902 - - - 902 - Consumer: Credit cards 27,350 - - - 27,350 - HELOCs - - 8,855 - 8,855 - Personal 70,700 208 447 - 71,147 208 Auto 952 - - - 952 - Other 1,093 - - - 1,093 - Total Popular, Inc. $ 1,013,338 $ 27,229 $ 32,223 $ 296 $ 1,045,561 $ 27,525 For the nine months ended September 30, 2018 Puerto Rico Popular U.S. Popular, Inc. Average Interest Average Interest Average Interest recorded income recorded income recorded income (In thousands) investment recognized investment recognized investment recognized Commercial multi-family $ 634 $ 28 $ - $ - $ 634 $ 28 Commercial real estate non-owner occupied 128,143 4,278 - - 128,143 4,278 Commercial real estate owner occupied 151,192 4,786 - - 151,192 4,786 Commercial and industrial 67,775 2,793 - - 67,775 2,793 Construction 2,170 25 8,942 - 11,112 25 Mortgage 508,930 13,790 9,217 130 518,147 13,920 Leasing 1,220 - - - 1,220 - Consumer: Credit cards 32,734 - - - 32,734 - HELOCs - - 5,446 - 5,446 - Personal 67,049 320 769 - 67,818 320 Auto 1,476 - - - 1,476 - Other 1,246 - - - 1,246 - Total Popular, Inc. $ 962,569 $ 26,020 $ 24,374 $ 130 $ 986,943 $ 26,150 Modifications A modification of a loan constitutes a troubled debt restructuring when a borrower is experiencing financial difficulty and the modification constitutes a concession. For a summary of the accounting policy related to troubled debt restructurings (“TDRs”), refer to the Summary of Significant Accounting Policies included in Note 2 to the 2018 Form 10-K. TDRs amounted to $ 1.6 billion at September 30, 2019 (December 31, 2018 - $ 1.5 billion). The amount of outstanding commitments to lend additional funds to debtors owing receivables whose terms have been modified in TDRs amounted to $ 16 million related to the commercial loan portfolio at September 30, 2019 (December 31, 2018 - $ 16 million). At September 30, 2019, the mortgage loan TDRs include $ 614 million guaranteed by U.S. sponsored entities at BPPR, compared to $ 543 million at December 31, 2018. The following table presents the loans classified as TDRs according to their accruing status and the related allowance at September 30, 2019 and December 31, 2018. September 30, 2019 December 31, 2018 (In thousands) Accruing Non-Accruing Total Related Allowance Accruing Non-Accruing Total Related Allowance Loans held-in-portfolio: Commercial $ 234,214 $ 116,508 $ 350,722 $ 15,971 $ 229,758 $ 130,921 $ 360,679 $ 46,889 Construction - 274 274 57 - 1,788 1,788 56 Mortgage 996,000 132,755 1,128,755 42,029 906,712 135,758 1,042,470 41,211 Leases 343 245 588 71 668 440 1,108 320 Consumer 86,115 15,914 102,029 22,260 94,193 15,651 109,844 24,523 Loans held-in-portfolio $ 1,316,672 $ 265,696 $ 1,582,368 $ 80,388 $ 1,231,331 $ 284,558 $ 1,515,889 $ 112,999 The following tables present the loan count by type of modification for those loans modified in a TDR during the quarters and nine months ended September 30, 2019 and 2018. Loans modified as TDRs for the U.S. operations are considered insignificant to the Corporation. Popular, Inc. For the quarter ended September 30, 2019 For the nine months ended September 30, 2019 Reduction in interest rate Extension of maturity date Combination of reduction in interest rate and extension of maturity date Other Reduction in interest rate Extension of maturity date Combination of reduction in interest rate and extension of maturity date Other Commercial multi-family - - - - - 1 - - Commercial real estate non-owner occupied - 3 - - - 6 - - Commercial real estate owner occupied - 4 - - 1 19 - - Commercial and industrial 2 7 - - 2 41 - - Mortgage 2 43 207 3 33 98 494 5 Leasing - 1 1 - - 1 2 - Consumer: Credit cards 111 - 1 41 394 - 2 161 HELOCs - 2 2 - - 14 11 - Personal 183 1 - - 527 4 - 1 Auto - 1 - - - 5 1 - Other 7 - - - 22 - - - Total 305 62 211 44 979 189 510 167 Popular, Inc. For the quarter ended September 30, 2018 For the nine months ended September 30, 2018 Reduction in interest rate Extension of maturity date Combination of reduction in interest rate and extension of maturity date Other Reduction in interest rate Extension of maturity date Combination of reduction in interest rate and extension of maturity date Other Commercial multi-family - 1 - - - 2 - - Commercial real estate non-owner occupied 1 3 - - 3 14 - - Commercial real estate owner occupied 1 12 - - 4 54 - - Commercial and industrial 2 25 - - 6 75 - - Construction - - - - 1 - - - Mortgage 28 7 70 11 73 17 173 56 Leasing - - 3 - - - 4 - Consumer: Credit cards 115 - - 72 426 - 3 382 HELOCs - 8 1 1 - 20 8 1 Personal 511 1 - - 1,139 4 - - Auto - 4 1 - - 6 2 - Other 1 - 1 - 21 - 2 - Total 659 61 76 84 1,673 192 192 439 The following tables present by class, quantitative information related to loans modified as TDRs during the quarters and nine months ended September 30, 2019 and 2018. For the quarter ended September 30, 2019 (Dollars in thousands) Loan count Pre-modification outstanding recorded investment Post-modification outstanding recorded investment Increase (decrease) in the allowance for loan losses as a result of modification Commercial real estate non-owner occupied 3 $ 16,822 $ 16,822 $ ( 86) Commercial real estate owner occupied 4 2,966 2,959 ( 48) Commercial and industrial 9 1,436 1,384 103 Mortgage 255 23,583 21,907 746 Leasing 2 237 238 - Consumer: Credit cards 153 1,375 1,355 109 HELOCs 4 276 246 25 Personal 184 2,546 2,544 677 Auto 1 7 7 1 Other 7 31 31 2 Total 622 $ 49,279 $ 47,493 $ 1,529 For the quarter ended September 30, 2018 (Dollars in thousands) Loan count Pre-modification outstanding recorded investment Post-modification outstanding recorded investment Increase (decrease) in the allowance for loan losses as a result of modification Commercial multi-family 1 $ 810 $ 808 $ 63 Commercial real estate non-owner occupied 4 1,523 1,521 100 Commercial real estate owner occupied 13 7,578 7,525 160 Commercial and industrial 27 2,411 2,388 139 Mortgage 116 15,143 13,507 640 Leasing 3 75 73 23 Consumer: Credit cards 187 1,693 1,838 234 HELOCs 10 913 906 66 Personal 512 8,026 8,025 2,660 Auto 5 63 63 11 Other 2 392 392 67 Total 880 $ 38,627 $ 37,046 $ 4,163 Popular, Inc. For the nine months ended September 30, 2019 (Dollars in thousands) Loan count Pre-modification outstanding recorded investment Post-modification outstanding recorded investment Increase (decrease) in the allowance for loan losses as a result of modification Commercial multi-family 1 $ 154 $ 116 $ ( 5) Commercial real estate non-owner occupied 6 19,389 19,379 721 Commercial real estate owner occupied 20 6,378 6,110 9 Commercial and industrial 43 9,749 10,219 888 Mortgage 630 64,533 58,818 2,104 Leasing 3 264 266 7 Consumer: Credit cards 557 4,690 4,823 466 HELOCs 25 2,359 2,256 345 Personal 532 8,836 8,839 2,312 Auto 6 70 73 13 Other 22 177 177 27 Total 1,845 $ 116,599 $ 111,076 $ 6,887 Popular, Inc. For the nine months ended September 30, 2018 (Dollars in thousands) Loan count Pre-modification outstanding recorded investment Post-modification outstanding recorded investment Increase (decrease) in the allowance for loan losses as a result of modification Commercial multi-family 2 $ 1,377 $ 1,375 $ 106 Commercial real estate non-owner occupied 17 28,969 28,908 6,854 Commercial real estate owner occupied 58 27,648 26,433 1,143 Commercial and industrial 81 49,633 48,882 13,963 Construction 1 4,210 4,293

FDIC loss share asset and true

FDIC loss share asset and true up payment obligation	9 Months Ended
	Sep. 30, 2019
Disclosure Text Block
FDIC loss share asset and true-up payment obligation	Note 10 – FDIC loss-share asset and true-up payment obligation In connection with the Westernbank FDIC-assisted transaction, BPPR entered into loss-share arrangements with the FDIC with respect to the covered loans and other real estate owned. Pursuant to the terms of the loss-share arrangements, the FDIC’s obligation to reimburse BPPR for losses with respect to covered assets began with the first dollar of loss incurred. The FDIC reimbursed BPPR for 80% of losses with respect to covered assets, and BPPR reimbursed the FDIC for 80% of recoveries with respect to losses for which the FDIC paid reimbursement under loss-share arrangements. The loss-share component of the arrangements applicable to commercial (including construction) and consumer loans expired during the quarter ended June 30, 2015, but the arrangement provided for reimbursement of recoveries to the FDIC to continue through the quarter ending June 30, 2018, and for the single family mortgage loss-share component of such agreement to expire in the quarter ended June 30, 2020. As of March 31, 2018, the Corporation had an FDIC loss share asset of $ 44.5 million related to the covered assets. As part of the loss-share agreements, BPPR had agreed to make a true-up payment to the FDIC 45 days following the last day (such day, the “true-up measurement date”) of the final shared-loss month, or upon the final disposition of all covered assets under the loss-share agreements, in the event losses on the loss-share agreements fail to reach expected levels. The estimated fair value of such true-up payment obligation at March 31, 2018 was approximately $ 171 million and was included as a contingent consideration within the caption of other liabilities in the Consolidated Statements of Financial Condition. On May 22, 2018, the Corporation entered into a Termination Agreement (the “Termination Agreement”) with the FDIC to terminate all loss-share arrangements in connection with the Westernbank FDIC-assisted transaction. Under the terms of the Termination Agreement, BPPR made a payment of approximately $ 23.7 million (the “Termination Payment”) to the FDIC as consideration for the termination of the loss-share agreements. Popular recorded a gain of $ 102.8 million within the FDIC loss share income caption in the Consolidated Statements of Operations calculated based on the difference between the Termination Payment and the net amount of the true-up payment obligation and the FDIC loss share asset. The following table sets forth the activity in the FDIC loss-share asset for the nine months ended September 30, 2018. Nine months ended (In thousands) September 30, 2018 Balance at beginning of period $ 46,316 FDIC loss-share Termination Agreement ( 45,659) Amortization ( 934) Credit impairment losses to be covered under loss-sharing agreements 104 Reimbursable expenses 537 Net payments from FDIC under loss-sharing agreements ( 364) Balance at end of period $ - Balance due to the FDIC for recoveries on covered assets - Balance at end of period $ - As a result of the Termination Agreement, assets that were covered by the loss share agreement, including covered loans in the amount of approximately $ 514.6 million and covered real estate owned assets in the amount of approximately $ 15.3 million as of March 31, 2018, were reclassified as non-covered. The Corporation now recognizes entirely all future credit losses, expenses, gains, and recoveries related to the formerly covered assets with no offset due to or from the FDIC.

Mortgage banking activities

Mortgage banking activities	9 Months Ended
	Sep. 30, 2019
Disclosure Text Block
Mortgage Banking Activities	Note 11 – Mortgage banking activities Income from mortgage banking activities includes mortgage servicing fees earned in connection with administering residential mortgage loans and valuation adjustments on mortgage servicing rights. It also includes gain on sales and securitizations of residential mortgage loans and trading gains and losses on derivative contracts used to hedge the Corporation’s securitization activities. In addition, lower-of-cost-or-market valuation adjustments to residential mortgage loans held for sale, if any, are recorded as part of the mortgage banking activities. The following table presents the components of mortgage banking activities: Quarters ended September 30, Nine months ended September 30, (In thousands) 2019 2018 2019 2018 Mortgage servicing fees, net of fair value adjustments: Mortgage servicing fees $ 11,797 $ 12,324 $ 35,400 $ 37,205 Mortgage servicing rights fair value adjustments ( 4,842) ( 4,194) ( 25,853) ( 13,123) Total mortgage servicing fees, net of fair value adjustments 6,955 8,130 9,547 24,082 Net gain on sale of loans, including valuation on loans held-for-sale 5,421 3,014 14,653 6,531 Trading account (loss) profit: Unrealized (losses) gains on outstanding derivative positions 227 45 - ( 131) Realized (losses) gains on closed derivative positions ( 2,111) 80 ( 5,555) 2,926 Total trading account (loss) profit ( 1,884) 125 ( 5,555) 2,795 Total mortgage banking activities $ 10,492 $ 11,269 $ 18,645 $ 33,408

Transfers of financial assets a

Transfers of financial assets and mortgage servicing assets	9 Months Ended
	Sep. 30, 2019
Transfers and Servicing of Financial Assets
Transfers Of Financial Assets And Mortgage Servicing Assets	Note 12 – Transfers of financial assets and mortgage servicing assets The Corporation typically transfers conforming residential mortgage loans in conjunction with GNMA and FNMA securitization transactions whereby the loans are exchanged for cash or securities and servicing rights. As seller, the Corporation has made certain representations and warranties with respect to the originally transferred loans and, in the past, has sold certain loans with credit recourse to a government-sponsored entity, namely FNMA. Refer to Note 21 to the Consolidated Financial Statements for a description of such arrangements. No 4.9 million and $ 13.4 million, respectively (September 30, 2018 - $ 2.9 million and $ 6.2 million, respectively) related to the residential mortgage loans securitized. The following tables present the initial fair value of the assets obtained as proceeds from residential mortgage loans securitized during the quarters and nine months ended September 30, 2019 and 2018: Proceeds Obtained During the Quarter Ended September 30, 2019 (In thousands) Level 1 Level 2 Level 3 Initial Fair Value Assets Trading account debt securities: Mortgage-backed securities - GNMA $ - $ 88,139 $ - $ 88,139 Mortgage-backed securities - FNMA - 32,519 - 32,519 Total trading account debt securities $ - $ 120,658 $ - $ 120,658 Mortgage servicing rights $ - $ - $ 2,216 $ 2,216 Total $ - $ 120,658 $ 2,216 $ 122,874 Proceeds Obtained During the Nine Months Ended September 30, 2019 (In thousands) Level 1 Level 2 Level 3 Initial Fair Value Assets Trading account debt securities: Mortgage-backed securities - GNMA $ - $ 247,091 $ - $ 247,091 Mortgage-backed securities - FNMA - 84,021 - 84,021 Total trading account debt securities $ - $ 331,112 $ - $ 331,112 Mortgage servicing rights $ - $ - $ 6,028 $ 6,028 Total $ - $ 331,112 $ 6,028 $ 337,140 Proceeds Obtained During the Quarter Ended September 30, 2018 (In thousands) Level 1 Level 2 Level 3 Initial Fair Value Assets Debt securities available-for-sale: Mortgage-backed securities - FNMA $ - $ 2,498 $ - $ 2,498 Total debt securities available-for-sale $ - $ 2,498 $ - $ 2,498 Trading account debt securities: Mortgage-backed securities - GNMA $ - $ 109,911 $ - $ 109,911 Mortgage-backed securities - FNMA - 23,625 - 23,625 Total trading account debt securities $ - $ 133,536 $ - $ 133,536 Mortgage servicing rights $ - $ - $ 2,625 $ 2,625 Total $ - $ 136,034 $ 2,625 $ 138,659 Proceeds Obtained During the Nine Months Ended September 30, 2018 (In thousands) Level 1 Level 2 Level 3 Initial Fair Value Assets Debt securities available-for-sale: Mortgage-backed securities - FNMA $ - $ 9,458 $ - $ 9,458 Total debt securities available-for-sale $ - $ 9,458 $ - $ 9,458 Trading account debt securities: Mortgage-backed securities - GNMA $ - $ 319,769 $ - $ 319,769 Mortgage-backed securities - FNMA - 62,853 - 62,853 Total trading account debt securities $ - $ 382,622 $ - $ 382,622 Mortgage servicing rights $ - $ - $ 7,198 $ 7,198 Total $ - $ 392,080 $ 7,198 $ 399,278 During the nine months ended September 30, 2019, the Corporation retained servicing rights on whole loan sales involving approximately $ 45 million in principal balance outstanding (September 30, 2018 - $ 43 million), with realized gains of approximately $ 1.3 million (September 30, 2018 - gains of $ 0.6 million). All loan sales performed during the nine months ended September 30, 2019 and 2018 were without credit recourse agreements. The Corporation recognizes as assets the rights to service loans for others, whether these rights are purchased or result from asset transfers such as sales and securitizations. These mortgage servicing rights (“MSR”) are measured at fair value. The Corporation uses a discounted cash flow model to estimate the fair value of MSRs. The discounted cash flow model incorporates assumptions that market participants would use in estimating future net servicing income, including estimates of prepayment speeds, discount rate, cost to service, escrow account earnings, contractual servicing fee income, prepayment and late fees, among other considerations. Prepayment speeds are adjusted for the Corporation’s loan characteristics and portfolio behavior. The following table presents the changes in MSRs measured using the fair value method for the nine months ended September 30, 2019 and 2018. Residential MSRs (In thousands) September 30, 2019 September 30, 2018 Fair value at beginning of period $ 169,777 $ 168,031 Additions 6,728 7,871 Changes due to payments on loans [1] ( 8,449) ( 10,194) Reduction due to loan repurchases ( 1,411) ( 2,929) Changes in fair value due to changes in valuation model inputs or assumptions ( 15,993) - Fair value at end of period $ 150,652 $ 162,779 [1] Represents changes due to collection / realization of expected cash flows over time. Residential mortgage loans serviced for others were $ 15.0 billion at September 30, 2019 (December 31, 2018 -$ 15.7 billion). Net mortgage servicing fees, a component of mortgage banking activities in the Consolidated Statements of Operations, include the changes from period to period in the fair value of the MSRs, including changes due to collection / realization of expected cash flows. The banking subsidiaries receive servicing fees based on a percentage of the outstanding loan balance. These servicing fees are credited to income when they are collected. At September 30, 2019, those weighted average mortgage servicing fees were 0.30% (September 30, 2018 - 0.30%). Under these servicing agreements, the banking subsidiaries do not generally earn significant prepayment penalty fees on the underlying loans serviced. The section below includes information on assumptions used in the valuation model of the MSRs, originated and purchased. Key economic assumptions used in measuring the servicing rights derived from loans securitized or sold by the Corporation during the quarters and nine months ended September 30, 2019 and 2018 were as follows: Quarters ended Nine months ended September 30, 2019 September 30, 2018 September 30, 2019 September 30, 2018 Prepayment speed 6.8 % 4.4 % 6.9 % 4.4 % Weighted average life (in years) 9.6 11.4 9.6 11.4 Discount rate (annual rate) 10.8 % 11.0 % 10.9 % 11.1 % Key economic assumptions used to estimate the fair value of MSRs derived from sales and securitizations of mortgage loans performed by the banking subsidiaries and servicing rights purchased from other financial institutions, and the sensitivity to immediate changes in those assumptions, were as follows as of the end of the periods reported: Originated MSRs Purchased MSRs September 30, December 31, September 30, December 31, (In thousands) 2019 2018 2019 2018 Fair value of servicing rights $ 59,798 $ 69,400 $ 90,854 $ 100,377 Weighted average life (in years) 6.5 7.1 6.0 6.6 Weighted average prepayment speed (annual rate) 6.4 % 5.1 % 7.0 % 5.5 % Impact on fair value of 10% adverse change $ ( 1,536) $ ( 1,430) $ ( 2,562) $ ( 2,200) Impact on fair value of 20% adverse change $ ( 3,017) $ ( 2,817) $ ( 5,014) $ ( 4,328) Weighted average discount rate (annual rate) 11.4 % 11.5 % 11.0 % 11.0 % Impact on fair value of 10% adverse change $ ( 2,375) $ ( 3,125) $ ( 3,443) $ ( 4,354) Impact on fair value of 20% adverse change $ ( 4,585) $ ( 6,019) $ ( 6,656) $ ( 8,394) The sensitivity analyses presented in the table above for servicing rights are hypothetical and should be used with caution. As the figures indicate, changes in fair value based on a 10 and 20 percent variation in assumptions generally cannot be extrapolated because the relationship of the change in assumption to the change in fair value may not be linear. Also, in the sensitivity tables included herein, the effect of a variation in a particular assumption on the fair value of the retained interest is calculated without changing any other assumption. In reality, changes in one factor may result in changes in another (for example, increases in market interest rates may result in lower prepayments and increased credit losses), which might magnify or counteract the sensitivities. At September 30, 2019, the Corporation serviced $ 1.2 billion (December 31, 2018 - $ 1.3 billion) in residential mortgage loans with credit recourse to the Corporation. Refer to Note 21 for information on changes in the Corporation’s liability of estimated losses related to loans serviced with credit recourse. Under the GNMA securitizations, the Corporation, as servicer, has the right to repurchase (but not the obligation), at its option and without GNMA’s prior authorization, any loan that is collateral for a GNMA guaranteed mortgage-backed security when certain delinquency criteria are met. At the time that individual loans meet GNMA’s specified delinquency criteria and are eligible for repurchase, the Corporation is deemed to have regained effective control over these loans if the Corporation was the pool issuer. At September 30, 2019, the Corporation had recorded $ 99 million in mortgage loans on its Consolidated Statements of Financial Condition related to this buy-back option program (December 31, 2018 - $ 134 million). As long as the Corporation continues to service the loans that continue to be collateral in a GNMA guaranteed mortgage-backed security, the MSR is recognized by the Corporation. During the nine months ended September 30, 2019, the Corporation repurchased approximately $ 88 million (September 30, 2018 - $ 264 million) of mortgage loans under the GNMA buy-back option program. The determination to repurchase these loans was based on the economic benefits of the transaction, which results in a reduction of the servicing costs for these severely delinquent loans, mostly related to principal and interest advances. Furthermore, the risk associated with the loans is reduced due to their guaranteed nature. The Corporation places these loans under its loss mitigation programs and once brought back to current status, these may be either retained in portfolio or re-sold in the secondary market.

Other Real Estate Owned

Other Real Estate Owned	9 Months Ended
	Sep. 30, 2019
Other Real Estate [Abstract]
Other Real Estate Owned	Note 13 – Other real estate owned The following tables present the activity related to Other Real Estate Owned (“OREO”), for the quarters and nine months ended September 30, 2019 and 2018. For the quarter ended September 30, 2019 Non-covered Non-covered OREO OREO (In thousands) Commercial/Construction Mortgage Total Balance at beginning of period $ 18,548 $ 100,303 $ 118,851 Write-downs in value ( 348) ( 745) ( 1,093) Additions 1,080 16,572 17,652 Sales ( 2,069) ( 15,182) ( 17,251) Other adjustments - ( 231) ( 231) Ending balance $ 17,211 $ 100,717 $ 117,928 For the nine months ended September 30, 2019 Non-covered Non-covered OREO OREO (In thousands) Commercial/Construction Mortgage Total Balance at beginning of period $ 21,794 $ 114,911 $ 136,705 Write-downs in value ( 1,327) ( 3,896) ( 5,223) Additions 4,259 41,042 45,301 Sales ( 7,515) ( 50,742) ( 58,257) Other adjustments - ( 598) ( 598) Ending balance $ 17,211 $ 100,717 $ 117,928 For the quarter ended September 30, 2018 Non-covered Non-covered OREO OREO (In thousands) Commercial/Construction Mortgage Total Balance at beginning of period $ 25,262 $ 116,801 $ 142,063 Write-downs in value ( 487) ( 2,584) ( 3,071) Additions 2,006 11,517 13,523 Sales ( 1,309) ( 17,296) ( 18,605) Other adjustments - ( 130) ( 130) Ending balance $ 25,472 $ 108,308 $ 133,780 For the nine months ended September 30, 2018 Non-covered Non-covered Covered OREO OREO OREO (In thousands) Commercial/Construction Mortgage Mortgage Total Balance at beginning of period $ 21,411 $ 147,849 $ 19,595 $ 188,855 Write-downs in value ( 1,889) ( 9,123) ( 287) ( 11,299) Additions 9,047 17,047 - 26,094 Sales ( 3,932) ( 62,051) ( 3,282) ( 69,265) Other adjustments 835 ( 747) ( 693) ( 605) Transfer to non-covered status [1] - 15,333 ( 15,333) - Ending balance $ 25,472 $ 108,308 $ - $ 133,780 [1] Represents the reclassification of OREOs to the non-covered category, pursuant to the Termination Agreement of all shared-loss agreements with the Federal Deposit Insurance Corporation related to loans acquired from Westernbank, that was completed on May 22, 2018.

Other assets

Other assets	9 Months Ended
	Sep. 30, 2019
Other Assets Abstract
Other assets	Note 14 − Other assets The caption of other assets in the consolidated statements of financial condition consists of the following major categories: (In thousands) September 30, 2019 December 31, 2018 Net deferred tax assets (net of valuation allowance) $ 909,638 $ 1,049,895 Investments under the equity method 236,551 228,072 Prepaid taxes 38,622 33,842 Other prepaid expenses 91,115 82,742 Derivative assets 15,234 13,603 Trades receivable from brokers and counterparties 67,050 40,088 Principal, interest and escrow servicing advances 84,060 88,371 Guaranteed mortgage loan claims receivable 95,424 59,613 Operating ROU assets (Note 29) 137,076 - Finance ROU assets (Note 29) 12,663 - Others 123,757 117,908 Total other assets $ 1,811,190 $ 1,714,134

Goodwill and other intangible a

Goodwill and other intangible assets	9 Months Ended
	Sep. 30, 2019
Goodwill and Intangible Assets Disclosure
Goodwill And Other Intangible Assets	Note 15 – Goodwill and other intangible assets Goodwill There were no The changes in the carrying amount of goodwill for the nine months ended September 30, 2018, allocated by reportable segments, were as follows (refer to Note 35 for the definition of the Corporation’s reportable segments): 2018 Purchase Balance at Goodwill on accounting Goodwill Balance at (In thousands) January 1, 2018 acquisition adjustments impairment September 30, 2018 Banco Popular de Puerto Rico $ 276,420 $ 60,242 $ - $ - $ 336,662 Popular U.S. 350,874 - - - 350,874 Total Popular, Inc. $ 627,294 $ 60,242 $ - $ - $ 687,536 The goodwill recognized during the quarter ended September 30, 2018 in the reportable segment of Banco Popular de Puerto Rico of $ 60.2 million was related to the Reliable Transaction. Refer to Note 4, Business combination, for additional information. Other Intangible Assets At September 30, 2019 and December 31, 2018, the Corporation had $ 6.1 million of identifiable intangible assets with indefinite useful lives, mostly associated with the E-LOAN trademark. The following table reflects the components of other intangible assets subject to amortization: Gross Carrying Accumulated Net Carrying (In thousands) Amount Amortization Value September 30, 2019 Core deposits $ 37,224 $ 28,861 $ 8,363 Other customer relationships 36,644 30,065 6,579 Trademark 488 114 374 Total other intangible assets $ 74,356 $ 59,040 $ 15,316 December 31, 2018 Core deposits $ 37,224 $ 26,070 $ 11,154 Other customer relationships 34,915 25,847 9,068 Trademark 488 41 447 Total other intangible assets $ 72,627 $ 51,958 $ 20,669 During the quarter ended September 30, 2019, the Corporation recognized $ 2.4 million in amortization expense related to other intangible assets with definite useful lives (September 30, 2018 - $ 2.3 million). During the nine months ended September 30, 2019, the Corporation recognized $ 7.1 million in amortization related to other intangible assets with definite useful lives (September 30, 2018 - $ 7.0 million). The following table presents the estimated amortization of the intangible assets with definite useful lives for each of the following periods: (In thousands) Remaining 2019 $ 2,288 Year 2020 5,410 Year 2021 2,600 Year 2022 1,724 Year 2023 1,684 Later years 1,610 Results of the Annual Goodwill Impairment Test The Corporation’s goodwill and other identifiable intangible assets having an indefinite useful life are tested for impairment, at least annually and on a more frequent basis if events or circumstances indicate impairment could have taken place. Such events could include, among others, a significant adverse change in the business climate, an adverse action by a regulator, an unanticipated change in the competitive environment and a decision to change the operations or dispose of a reporting unit. Under applicable accounting standards, goodwill impairment analysis is a two-step test. The first step of the goodwill impairment test involves comparing the fair value of the reporting unit with its carrying amount, including goodwill. If the fair value of the reporting unit exceeds its carrying amount, goodwill of the reporting unit is considered not impaired; however, if the carrying amount of the reporting unit exceeds its fair value, the second step must be performed. The second step involves calculating an implied fair value of goodwill for each reporting unit for which the first step indicated possible impairment. The implied fair value of goodwill is determined in the same manner as the amount of goodwill recognized in a business combination, which is the excess of the fair value of the reporting unit, as determined in the first step, over the aggregate fair values of the individual assets, liabilities and identifiable intangibles (including any unrecognized intangible assets, such as unrecognized core deposits and trademark) as if the reporting unit was being acquired in a business combination and the fair value of the reporting unit was the price paid to acquire the reporting unit. The Corporation estimates the fair values of the assets and liabilities of a reporting unit, consistent with the requirements of the fair value measurements accounting standard, which defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value of the assets and liabilities reflects market conditions, thus volatility in prices could have a material impact on the determination of the implied fair value of the reporting unit goodwill at the impairment test date. The adjustments to measure the assets, liabilities and intangibles at fair value are for the purpose of measuring the implied fair value of goodwill and such adjustments are not reflected in the consolidated statement of condition. If the implied fair value of goodwill exceeds the goodwill assigned to the reporting unit, there is no impairment. If the goodwill assigned to a reporting unit exceeds the implied fair value of the goodwill, an impairment charge is recorded for the excess. An impairment loss recognized cannot exceed the amount of goodwill assigned to a reporting unit, and the loss establishes a new basis in the goodwill. Subsequent reversal of goodwill impairment losses is not permitted under applicable accounting standards. The Corporation performed the annual goodwill impairment evaluation for the entire organization during the third quarter of 2019 using July 31, 2019 as the annual evaluation date. The reporting units utilized for this evaluation were those that are one level below the business segments, which are the legal entities within the reportable segment. The Corporation follows push-down accounting, as such all goodwill is assigned to the reporting units when carrying out a business combination. In determining the fair value of a reporting unit, the Corporation generally uses a combination of methods, including market price multiples of comparable companies and transactions, as well as discounted cash flow analysis. Management evaluates the particular circumstances of each reporting unit in order to determine the most appropriate valuation methodology. The Corporation evaluates the results obtained under each valuation methodology to identify and understand the key value drivers in order to ascertain that the results obtained are reasonable and appropriate under the circumstances. Elements considered include current market and economic conditions, developments in specific lines of business, and any particular features in the individual reporting units. The computations require management to make estimates and assumptions. Critical assumptions that are used as part of these evaluations include:  a selection of comparable publicly traded companies, based on nature of business, location and size;  a selection of comparable acquisition and capital raising transactions;  the discount rate applied to future earnings, based on an estimate of the cost of equity;  the potential future earnings of the reporting unit; and  the market growth and new business assumptions. For purposes of the market comparable approach, valuations were determined by calculating average price multiples of relevant value drivers from a group of companies that are comparable to the reporting unit being analyzed and applying those price multiples to the value drivers of the reporting unit. Multiples used are minority based multiples and thus, no control premium adjustment is made to the comparable companies market multiples. While the market price multiple is not an assumption, a presumption that it provides an indicator of the value of the reporting unit is inherent in the valuation. The determination of the market comparables also involves a degree of judgment. For purposes of the discounted cash flows (“DCF”) approach, the valuation is based on estimated future cash flows. The financial projections used in the DCF valuation analysis for each reporting unit are based on the most recent (as of the valuation date) financial projections presented to the Corporation’s Asset / Liability Management Committee (“ALCO”). The growth assumptions included in these projections are based on management’s expectations for each reporting unit’s financial prospects considering economic and industry conditions as well as particular plans of each entity (i.e. restructuring plans, de-leveraging, etc.). The cost of equity used to discount the cash flows was calculated using the Ibbotson Build-Up Method and ranged from 11.14% to 12.58% for the 2019 analysis. The Ibbotson Build-Up Method builds up a cost of equity starting with the rate of return of a “risk-free” asset (20-year U.S. Treasury note) and adds to it additional risk elements such as equity risk premium, size premium and industry risk premium. The resulting discount rates were analyzed in terms of reasonability given the current market conditions and adjustments were made when necessary. BPPR passed Step 1 in the annual test as of July 31, 2019. The results indicated that the average estimated fair value calculated in Step 1 using all valuation methodologies exceeded BPPR’s equity value by approximately $ 1.2 billion or 37%. Accordingly, there was no indication of impairment on the goodwill recorded in BPPR at July 31, 2019 and there was no need for a Step 2 analysis. PB also passed Step 1 in the annual test as of July 31, 2019. The results indicated that the average estimated fair value calculated in Step 1 using all valuation methodologies exceeded PB’s equity value by approximately $ 338 million or 21%. Accordingly, there was no indication of impairment on the goodwill recorded in PB at July 31, 2019 and there was no need for a Step 2 analysis. The goodwill balance of BPPR and PB, as legal entities, represented approximately 91% of the Corporation’s total goodwill balance as of the July 31, 2019 valuation date. Furthermore, as part of the analyses, management performed a reconciliation of the aggregate fair values determined for the reporting units to the market capitalization of the Corporation concluding that the fair value results determined for the reporting units in the July 31, 2019 annual assessment were reasonable. The goodwill impairment evaluation process requires the Corporation to make estimates and assumptions with regard to the fair value of the reporting units. Actual values may differ significantly from these estimates. Such differences could result in future impairment of goodwill that would, in turn, negatively impact the Corporation’s results of operations and the reporting units where the goodwill is recorded. Declines in the Corporation’s market capitalization could increase the risk of goodwill impairment in the future. Management monitors events or changes in circumstances between annual tests to determine if these events or changes in circumstances would more likely than not reduce the fair value of a reporting unit below its carrying amount. The following tables present the gross amount of goodwill and accumulated impairment losses by reportable segments. September 30, 2019 Balance at Balance at Balance at Balance at January 1, Accumulated January 1, September 30, Accumulated September 30, 2019 impairment 2019 2019 impairment 2019 (In thousands) (gross amounts) losses (net amounts) (gross amounts) losses (net amounts) Banco Popular de Puerto Rico $ 324,049 $ 3,801 $ 320,248 $ 324,049 $ 3,801 $ 320,248 Popular U.S. 515,285 164,411 350,874 515,285 164,411 350,874 Total Popular, Inc. $ 839,334 $ 168,212 $ 671,122 $ 839,334 $ 168,212 $ 671,122 December 31, 2018 Balance at Balance at Balance at Balance at January 1, Accumulated January 1, December 31, Accumulated December 31, 2018 impairment 2018 2018 impairment 2018 (In thousands) (gross amounts) losses (net amounts) (gross amounts) losses (net amounts) Banco Popular de Puerto Rico $ 280,221 $ 3,801 $ 276,420 $ 324,049 $ 3,801 $ 320,248 Popular U.S. 515,285 164,411 350,874 515,285 164,411 350,874 Total Popular, Inc. $ 795,506 $ 168,212 $ 627,294 $ 839,334 $ 168,212 $ 671,122

Deposits

Deposits	9 Months Ended
	Sep. 30, 2019
Disclosure Text Block
Deposits	Note 16 – Deposits Total interest bearing deposits as of the end of the periods presented consisted of: (In thousands) September 30, 2019 December 31, 2018 Savings accounts $ 10,602,678 $ 9,722,824 NOW, money market and other interest bearing demand deposits 16,995,390 13,221,415 Total savings, NOW, money market and other interest bearing demand deposits 27,598,068 22,944,239 Certificates of deposit: Under $100,000 3,259,238 3,260,330 $100,000 and over 4,536,919 4,356,434 Total certificates of deposit 7,796,157 7,616,764 Total interest bearing deposits $ 35,394,225 $ 30,561,003 A summary of certificates of deposit by maturity at September 30, 2019 follows: (In thousands) 2019 $ 2,444,749 2020 2,429,159 2021 1,094,553 2022 734,807 2023 514,984 2024 and thereafter 577,905 Total certificates of deposit $ 7,796,157 At September 30, 2019, the Corporation had brokered deposits amounting to $ 0.6 billion (December 31, 2018 - $ 0.5 billion). The aggregate amount of overdrafts in demand deposit accounts that were reclassified to loans was $ 5 million at September 30, 2019 (December 31, 2018 - $ 5 million).

Borrowings

Borrowings	9 Months Ended
	Sep. 30, 2019
Disclosure Text Block
Borrowings	Note 17 – Borrowings Assets sold under agreements to repurchase amounted $ 213 million at September 30, 2019 and $ 282 million December 31, 2018. The Corporation’s repurchase transactions are overcollateralized with the securities detailed in the table below. The Corporation’s repurchase agreements have a right of set-off with the respective counterparty under the supplemental terms of the master repurchase agreements. In an event of default each party has a right of set-off against the other party for amounts owed in the related agreement and any other amount or obligation owed in respect of any other agreement or transaction between them. Pursuant to the Corporation’s accounting policy, the repurchase agreements are not offset with other repurchase agreements held with the same counterparty. The following table presents information related to the Corporation’s repurchase transactions accounted for as secured borrowings that are collateralized with debt securities available-for-sale, other assets held-for-trading purposes or which have been obtained under agreements to resell. It is the Corporation’s policy to maintain effective control over assets sold under agreements to repurchase; accordingly, such securities continue to be carried on the Consolidated Statements of Financial Condition. Repurchase agreements accounted for as secured borrowings September 30, 2019 December 31, 2018 Repurchase Repurchase (In thousands) liability liability U.S. Treasury securities Within 30 days $ 9,400 $ 138,689 After 30 to 90 days 29,386 79,374 After 90 days 142,818 19,558 Total U.S. Treasury securities 181,604 237,621 Obligations of U.S. government sponsored entities After 30 to 90 days - 6,055 Total obligations of U.S. government sponsored entities - 6,055 Mortgage-backed securities Within 30 days 30,184 6,859 After 90 days - 20,465 Total mortgage-backed securities 30,184 27,324 Collateralized mortgage obligations Within 30 days 1,309 10,529 Total collateralized mortgage obligations 1,309 10,529 Total $ 213,097 $ 281,529 Repurchase agreements in this portfolio are generally short-term, often overnight. As such our risk is very limited. We manage the liquidity risks arising from secured funding by sourcing funding globally from a diverse group of counterparties, providing a range of securities collateral and pursuing longer durations, when appropriate. There were no 42 thousand at December 31, 2018. The following table presents the composition of notes payable at September 30, 2019 and December 31, 2018. (In thousands) September 30, 2019 December 31, 2018 Advances with the FHLB with maturities ranging from 2019 through 2029 paying interest at monthly fixed rates ranging from 1.04% to 4.19% $ 472,355 $ 524,052 Advances with the FHLB paying interest monthly at a floating rate - 13,000 Advances with the FHLB maturing on 2019 paying interest quarterly at a floating rate of 0.24% over the 3 month LIBOR 14,430 19,724 Unsecured senior debt securities maturiting on 2023 paying interest semiannually at a fixed rate of 6.125%, net of debt issuance costs of $ 5,010 294,990 294,039 Junior subordinated deferrable interest debentures (related to trust preferred securities) with maturities ranging from 2033 to 2034 with fixed interest rates ranging from 6.125% to 6.7%, net of debt issuance costs of $ 402 384,895 384,875 Capital lease obligations - 20,412 Total notes payable $ 1,166,670 $ 1,256,102 Note: Refer to the Corporation's 2018 Form 10-K for rates information at December 31, 2018. A breakdown of borrowings by contractual maturities at September 30, 2019 is included in the table below. Assets sold under (In thousands) agreements to repurchase Notes payable Total 2019 $ 70,279 $ 65,309 $ 135,588 2020 142,818 139,996 282,814 2021 - 50,040 50,040 2022 - 103,148 103,148 2023 - 318,251 318,251 Later years - 489,926 489,926 Total borrowings $ 213,097 $ 1,166,670 $ 1,379,767 At September 30, 2019 and December 31, 2018, the Corporation had FHLB borrowing facilities whereby the Corporation could borrow up to $ 3.7 billion and $ 3.4 billion, respectively, of which $ 0.5 billion and $ 0.6 billion, respectively, were used. In addition, at September 30, 2019 and December 31, 2018, the Corporation had placed $ 0.8 billion and $ 0.9 billion, respectively, of the available FHLB credit facility as collateral for a municipal letter of credit to secure deposits. The FHLB borrowing facilities are collateralized with LHIP, and do not have restrictive covenants or callable features. Also, at September 30, 2019, the Corporation has a borrowing facility at the discount window of the Federal Reserve Bank of New York amounting to $ 1.1 billion (2018 - $ 1.2 billion), which remained unused at September 30, 2019 and December 31, 2018. The facility is a collateralized source of credit that is highly reliable even under difficult market conditions.

Other liabilities

Other liabilities	9 Months Ended
	Sep. 30, 2019
Other Liabilities Disclosure Abstract
Other liabilites	Note 18 − Other liabilities The caption of other liabilities in the consolidated statements of financial condition consists of the following major categories: (In thousands) September 30, 2019 December 31, 2018 Accrued expenses $ 249,979 $ 276,120 Accrued interest payable 37,411 44,638 Accounts payable 71,366 66,381 Dividends payable 29,016 25,092 Trades payable 26,782 64 Liability for GNMA loans sold with an option to repurchase 98,758 134,260 Reserves for loan indemnifications 49,204 67,066 Reserve for operational losses 41,501 40,921 Operating lease liabilities (Note 29) 152,421 - Finance lease liabilities (Note 29) 19,606 - Pension benefit obligation 45,239 68,736 Postretirement benefit obligation 154,304 153,415 Others 50,418 45,115 Total other liabilities $ 1,026,005 $ 921,808

Stockholders' equity

Stockholders' equity	9 Months Ended
	Sep. 30, 2019
Stockholders' Equity Note
Stockholders' Equity	Note 19 – Stockholders’ equity As of September 30, 2019, stockholder’s equity totaled $ 5.9 billion. During the nine months ended September 30, 2019, the Corporation declared cash dividends on its common stock of $ 87.0 million (September 30, 2018 - $ 76.2 million). The quarterly dividend declared to shareholders of record as of the close of business on August 30, 2019, which amounted to $ 29.0 million, was paid on October 1, 2019 . Dividends per share declared for the quarter and nine months ended September 30, 2019 were $ 0.30 and $ 0.90, respectively (2018 - $ 0.25 and $ 0.75, respectively). During the quarter ended September 30, 2018, the Corporation entered into a $ 125 million accelerated share repurchase transaction (“ASR”) and, in connection therewith, received an initial delivery of 2,000,000 shares of common stock (the “Initial Shares”), which was accounted for as a treasury stock transaction. As a result of the receipt of the Initial Shares, the Corporation recognized in shareholders’ equity approximately $ 102 million in treasury stock and $ 23 million as a reduction of capital surplus. The Corporation completed the ASR during the fourth quarter of 2018 and received 438,180 additional shares of common stock. The final number of shares delivered at settlement was based on the average daily volume weighted average price (“VWAP”) of its common stock, net of a discount, during the term of the ASR of $ 51.27. On February 28, 2019, the Corporation entered into a $ 250 million “ASR” transaction with respect to its common stock, which was accounted for as a treasury stock transaction. As a result of the receipt of the initial shares, the Corporation recognized in shareholders’ equity approximately $ 200 million in treasury stock and $ 50 million as a reduction in capital surplus. The Corporation expects to further adjust its treasury stock and capital surplus accounts to reflect the delivery or receipt of cash or shares upon the termination of the ASR agreement, which will depend on the average price of the Corporation’s shares during the term of the ASR.

Other comprehensive income (los

Other comprehensive income (loss)	9 Months Ended
	Sep. 30, 2019
Disclosure Text Block
Other Comprehensive Income (Loss)	Note 20 – Other comprehensive loss The following table presents changes in accumulated other comprehensive loss by component for the quarters and nine months ended September 30, 2019 and 2018. Changes in Accumulated Other Comprehensive Loss by Component [1] Quarters ended Nine months ended September 30, September 30, (In thousands) 2019 2018 2019 2018 Foreign currency translation Beginning Balance $ ( 52,378) $ ( 46,397) $ ( 49,936) $ ( 43,034) Other comprehensive income (loss) 155 ( 605) ( 2,287) ( 3,968) Net change 155 ( 605) ( 2,287) ( 3,968) Ending balance $ ( 52,223) $ ( 47,002) $ ( 52,223) $ ( 47,002) Adjustment of pension and postretirement benefit plans Beginning Balance $ ( 196,491) $ ( 199,895) $ ( 203,836) $ ( 205,408) Amounts reclassified from accumulated other comprehensive loss for amortization of net losses 3,673 3,285 11,018 9,856 Amounts reclassified from accumulated other comprehensive loss for amortization of prior service credit - ( 529) - ( 1,587) Net change 3,673 2,756 11,018 8,269 Ending balance $ ( 192,818) $ ( 197,139) $ ( 192,818) $ ( 197,139) Unrealized net holding gains (losses) on debt securities Beginning Balance $ 58,044 $ ( 250,422) $ ( 173,811) $ ( 102,775) Other comprehensive income (loss) 50,970 ( 39,845) 282,825 ( 187,492) Amounts reclassified from accumulated other comprehensive income (loss) for loss on securities 16 - 16 - Net change 50,986 ( 39,845) 282,841 ( 187,492) Ending balance $ 109,030 $ ( 290,267) $ 109,030 $ ( 290,267) Unrealized holding gains on equity securities Beginning Balance $ - $ - $ - $ 605 Reclassification to retained earnings due to cumulative effect adjustment of accounting change - - - ( 605) Net change - - - ( 605) Ending balance $ - $ - $ - $ - Unrealized net (losses) gains on cash flow hedges Beginning Balance $ ( 388) $ ( 78) $ ( 391) $ ( 40) Reclassification to retained earnings due to cumulative effect adjustment of accounting change - - ( 50) - Other comprehensive (loss) income before reclassifications ( 3,201) 208 ( 4,349) 790 Amounts reclassified from accumulated other comprehensive loss 720 89 1,921 ( 531) Net change ( 2,481) 297 ( 2,478) 259 Ending balance $ ( 2,869) $ 219 $ ( 2,869) $ 219 Total $ ( 138,880) $ ( 534,189) $ ( 138,880) $ ( 534,189) [1] All amounts presented are net of tax. The following table presents the amounts reclassified out of each component of accumulated other comprehensive loss during the quarters and nine months ended September 30, 2019 and 2018. Reclassifications Out of Accumulated Other Comprehensive Loss Quarters ended Nine months ended Affected Line Item in the September 30, September 30, (In thousands) Consolidated Statements of Operations 2019 2018 2019 2018 Adjustment of pension and postretirement benefit plans Amortization of net losses Personnel costs $ ( 5,877) $ ( 5,386) $ ( 17,629) $ ( 16,157) Amortization of prior service credit Personnel costs - 868 - 2,603 Total before tax ( 5,877) ( 4,518) ( 17,629) ( 13,554) Income tax benefit 2,204 1,762 6,611 5,285 Total net of tax $ ( 3,673) $ ( 2,756) $ ( 11,018) $ ( 8,269) Unrealized holding gains (losses) on debt securities Realized loss on sale of debt securities Net loss on sale of debt securities ( 20) - ( 20) - Total before tax ( 20) - ( 20) - Income tax benefit 4 - 4 - Total net of tax $ ( 16) $ - $ ( 16) $ - Unrealized net (losses) gains on cash flow hedges Forward contracts Mortgage banking activities $ ( 1,337) $ ( 147) $ ( 3,258) $ 870 Interest rate swaps Other operating income 116 - 116 - Total before tax ( 1,221) ( 147) ( 3,142) 870 Income tax benefit (expense) 501 58 1,221 ( 339) Total net of tax $ ( 720) $ ( 89) $ ( 1,921) $ 531 Total reclassification adjustments, net of tax $ ( 4,409) $ ( 2,845) $ ( 12,955) $ ( 7,738)

Guarantees

Guarantees	9 Months Ended
	Sep. 30, 2019
Guarantees
Guarantees	Note 21 – Guarantees At September 30, 2019, the Corporation recorded a liability of $ 0.2 million (December 31, 2018 - $ 0.3 million), which represents the unamortized balance of the obligations undertaken in issuing the guarantees under the standby letters of credit. Management does not anticipate any material losses related to these instruments. From time to time, the Corporation securitized mortgage loans into guaranteed mortgage-backed securities subject to limited, and in certain instances, lifetime credit recourse on the loans that serve as collateral for the mortgage-backed securities. The Corporation has not sold any mortgage loans subject to credit recourse since 2009. At September 30, 2019, the Corporation serviced $ 1.2 billion (December 31, 2018 - $ 1.3 billion) in residential mortgage loans subject to credit recourse provisions, principally loans associated with FNMA and FHLMC residential mortgage loan securitization programs. In the event of any customer default, pursuant to the credit recourse provided, the Corporation is required to repurchase the loan or reimburse the third party investor for the incurred loss. The maximum potential amount of future payments that the Corporation would be required to make under the recourse arrangements in the event of nonperformance by the borrowers is equivalent to the total outstanding balance of the residential mortgage loans serviced with recourse and interest, if applicable. During the quarter and nine months ended September 30, 2019, the Corporation repurchased approximately $ 15 million and $ 38 million, respectively, of unpaid principal balance in mortgage loans subject to the credit recourse provisions ( September 30, 2018 - $ 4 million and $ 13 million, respectively). In the event of nonperformance by the borrower, the Corporation has rights to the underlying collateral securing the mortgage loan. The Corporation suffers ultimate losses on these loans when the proceeds from a foreclosure sale of the property underlying a defaulted mortgage loan are less than the outstanding principal balance of the loan plus any uncollected interest advanced and the costs of holding and disposing the related property. At September 30, 2019, the Corporation’s liability established to cover the estimated credit loss exposure related to loans sold or serviced with credit recourse amounted to $ 45 million (December 31, 2018 - $ 56 million). The following table shows the changes in the Corporation’s liability of estimated losses related to loans serviced with credit recourse provisions during the quarters and nine months ended September 30, 2019 and 2018 . Quarters ended September 30, Nine months ended September 30, (In thousands) 2019 2018 2019 2018 Balance as of beginning of period $ 48,100 $ 57,425 $ 56,230 $ 58,820 Provision for recourse liability 2,755 3,000 3,711 5,991 Net charge-offs ( 5,394) ( 2,678) ( 14,480) ( 7,064) Balance as of end of period $ 45,461 $ 57,747 $ 45,461 $ 57,747 When the Corporation sells or securitizes mortgage loans, it generally makes customary representations and warranties regarding the characteristics of the loans sold. To the extent the loans do not meet specified characteristics, the Corporation may be required to repurchase such loans or indemnify for losses and bear any subsequent loss related to the loans. There were no 2 million and $ 12 million, respectively for the same periods of last year. A substantial amount of these loans reinstates to performing status or have mortgage insurance, and thus the ultimate losses on the loans are not deemed significant. From time to time, the Corporation sells loans and agrees to indemnify the purchaser for credit losses or any breach of certain representations and warranties made in connection with the sale. The following table presents the changes in the Corporation’s liability for estimated losses associated with indemnifications and representations and warranties related to loans sold by BPPR for the quarters and nine months ended September 30, 2019 and 2018. Quarters ended September 30, Nine months ended September 30, (In thousands) 2019 2018 2019 2018 Balance as of beginning of period $ 3,825 $ 11,153 $ 10,837 $ 11,742 Provision (reversal) for representation and warranties ( 81) ( 104) ( 4,488) 194 Net charge-offs - ( 39) ( 75) ( 926) Settlements paid - - ( 2,530) - Balance as of end of period $ 3,744 $ 11,010 $ 3,744 $ 11,010 During the second quarter of 2019, the Corporation recorded the release of a $ 4.4 million reserve taken in connection with a sale of loans completed during the year 2013. Servicing agreements relating to the mortgage-backed securities programs of FNMA and GNMA, and to mortgage loans sold or serviced to certain other investors, including FHLMC, require the Corporation to advance funds to make scheduled payments of principal, interest, taxes and insurance, if such payments have not been received from the borrowers. At September 30, 2019, the Corporation serviced $ 15.0 billion in mortgage loans for third-parties, including the loans serviced with credit recourse (December 31, 2018 - $ 15.7 billion). The Corporation generally recovers funds advanced pursuant to these arrangements from the mortgage owner, from liquidation proceeds when the mortgage loan is foreclosed or, in the case of FHA/VA loans, under the applicable FHA and VA insurance and guarantees programs. However, in the meantime, the Corporation must absorb the cost of the funds it advances during the time the advance is outstanding. The Corporation must also bear the costs of attempting to collect on delinquent and defaulted mortgage loans. In addition, if a defaulted loan is not cured, the mortgage loan would be canceled as part of the foreclosure proceedings and the Corporation would not receive any future servicing incom e with respect to that loan. At September 30, 2019, the outstanding balance of funds advanced by the Corporation under such mortgage loan servicing agreements was approximately $ million (December 31, 2018 - $ 88 million). To the extent the mortgage loans underlying the Corporation’s servicing portfolio experience increased delinquencies, the Corporation would be required to dedicate additional cash resources to comply with its obligation to advance funds as well as incur addition al administrative costs related to increases in collection efforts. Popular, Inc. Holding Company (“PIHC”) fully and unconditionally guarantees certain borrowing obligations issued by certain of its 100% owned consolidated subsidiaries amounting to $ million at September 30, 2019 and December 31, 2018. In addition, at September 30, 2019 and December 31, 2018, PIHC fully and unconditionally guaranteed on a subordinated basis $ million of capital securities (trust preferred securities) issued by wholly-owned issuing trust entities to the extent set forth in the applicable guarantee agreement. Refer to Note 20 to the Consolidated Financial Statements in the 2018 Form 10-K for further information on the trust preferred securities.

Commitments and contingencies

Commitments and contingencies	9 Months Ended
	Sep. 30, 2019
Commitments and Contingencies Disclosure
Commitments And Contingencies	Note 22 – Commitments and contingencies Off-balance sheet risk The Corporation is a party to financial instruments with off-balance sheet credit risk in the normal course of business to meet the financial needs of its customers. These financial instruments include loan commitments, letters of credit and standby letters of credit. These instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the consolidated statements of financial condition. The Corporation’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit, standby letters of credit and financial guarantees is represented by the contractual notional amounts of those instruments. The Corporation uses the same credit policies in making these commitments and conditional obligations as it does for those reflected on the consolidated statements of financial condition. Financial instruments with off-balance sheet credit risk, whose contract amounts represent potential credit risk as of the end of the periods presented were as follows: (In thousands) September 30, 2019 December 31, 2018 Commitments to extend credit: Credit card lines $ 4,575,290 $ 4,468,481 Commercial and construction lines of credit 2,854,512 2,751,390 Other consumer unused credit commitments 260,098 254,491 Commercial letters of credit 4,798 2,695 Standby letters of credit 79,400 26,479 Commitments to originate or fund mortgage loans 45,814 22,629 At September 30, 2019 and December 31, 2018, the Corporation maintained a reserve of approximately $ 8 million for potential losses associated with unfunded loan commitments related to commercial and consumer lines of credit. Business concentration Since the Corporation’s business activities are concentrated primarily in Puerto Rico, its results of operations and financial condition are dependent upon the general trends of the Puerto Rico economy and, in particular, the residential and commercial real estate markets. The concentration of the Corporation’s operations in Puerto Rico exposes it to greater risk than other banking companies with a wider geographic base. Its asset and revenue composition by geographical area is presented in Note 35 to the Consolidated Financial Statements. Puerto Rico remains in the midst of a profound fiscal and economic crisis. In response to such crisis, the U.S. Congress enacted the Puerto Rico Oversight Management and Economic Stability Act (“PROMESA”) in 2016, which, among other things, established a Fiscal Oversight and Management Board for Puerto Rico (the “Oversight Board”) and a framework for the restructuring of the debts of the Commonwealth, its instrumentalities and municipalities. The Commonwealth and several of its instrumentalities have commenced debt restructuring proceedings under PROMESA. As of the date of this report, while municipalities have been recently designated as covered entities under PROMESA, no municipality has commenced, or has been authorized by the Oversight Board to commence, any such debt restructuring proceeding under PROMESA. At September 30, 2019 and December 31, 2018, the Corporation’s direct exposure to the Puerto Rico government and its instrumentalities and municipalities totaled $ 432 million and $ 458 million, respectively, which amounts were fully outstanding on such dates. Of this amount, $ 391 million consists of loans and $ 41 million are securities ($ 413 million and $ 45 million at December 31, 2018). Substantially all of the amount outstanding at September 30, 2019 were obligations from various Puerto Rico municipalities. In most cases, these were “general obligations” of a municipality, to which the applicable municipality has pledged its good faith, credit and unlimited taxing power, or “special obligations” of a municipality, to which the applicable municipality has pledged other revenues. At September 30, 2019, 75% of the Corporation’s exposure to municipal loans and securities was concentrated in the municipalities of San Juan, Guaynabo, Carolina and Bayamón. On July 1, 2019 the Corporation received principal payments amounting to $ 22 million from various obligations from Puerto Rico municipalities. The following table details the loans and investments representing the Corporation’s direct exposure to the Puerto Rico government according to their maturities as of September 30, 2019: (In thousands) Investment Portfolio Loans Total Outstanding Total Exposure Central Government After 1 to 5 years $ 7 $ - $ 7 $ 7 After 5 to 10 years 35 - 35 35 After 10 years 549 - 549 549 Total Central Government 591 - 591 591 Municipalities Within 1 year 3,745 78,108 81,853 81,853 After 1 to 5 years 17,580 139,283 156,863 156,863 After 5 to 10 years 18,195 82,967 101,162 101,162 After 10 years 655 90,601 91,256 91,256 Total Municipalities 40,175 390,959 431,134 431,134 Total Direct Government Exposure $ 40,766 $ 390,959 $ 431,725 $ 431,725 In addition, at September 30, 2019, the Corporation had $ 355 million in loans insured or securities issued by Puerto Rico governmental entities but for which the principal source of repayment is non-governmental ($ 368 million at December 31, 2018 ). These included $ 281 million in residential mortgage loans insured by the Puerto Rico Housing Finance Authority (“HFA”), a governmental instrumentality that has been designated as a covered entity under PROMESA (December 31, 2018 - $ 293 million). These mortgage loans are secured by first mortgages on Puerto Rico residential properties and the HFA insurance covers losses in the event of a borrower default and subsequent foreclosure of the underlying property. The Corporation also had at September 30, 2019, $ 46 million in bonds issued by HFA which are secured by second mortgage loans on Puerto Rico residential properties, and for which HFA also provides insurance to cover losses in the event of a borrower default and subsequent foreclosure of the underlying property (December 31, 2018 - $ 45 million). In the event that the mortgage loans insured by HFA and held by the Corporation directly or those serving as collateral for the HFA bonds default and the collateral is insufficient to satisfy the outstanding balance of these loans, HFA’s ability to honor its insurance will depend, among other factors, on the financial condition of HFA at the time such obligations become due and payable. Although the Governor is currently authorized by local legislation to impose a temporary moratorium on the financial obligations of the HFA, the Governor has not exercised this power as of the date hereof. In addition, at September 30, 2019, the Corporation had $ 7 million in securities issued by HFA that have been economically defeased and refunded and for which securities consisting of U.S. agencies and Treasury obligations have been escrowed (December 31, 2018 - $ 7 million), and $ 21 million of commercial real estate notes issued by government entities but that are payable from rent paid by non-governmental parties (December 31, 2018 - $ 23 million). BPPR’s commercial loan portfolio also includes loans to private borrowers who are service providers, lessors, suppliers or have other relationships with the government. These borrowers could be negatively affected by the fiscal measures to be implemented to address the Commonwealth’s fiscal crisis and the ongoing Title III proceedings under PROMESA described above. Similarly, BPPR’s mortgage and consumer loan portfolios include loans to government employees which could also be negatively affected by fiscal measures such as employee layoffs or furloughs. The Corporation has operations in the United States Virgin Islands (the “USVI”) and has approximately $ 72 million in direct exposure to USVI government entities. The USVI has been experiencing a number of fiscal and economic challenges that could adversely affect the ability of its public corporations and instrumentalities to service their outstanding debt obligations. Legal Proceedings The nature of Popular’s business ordinarily results in a certain number of claims, litigation, investigations, and legal and administrative cases and proceedings (“Legal Proceedings”). When the Corporation determines that it has meritorious defenses to the claims asserted, it vigorously defends itself. The Corporation will consider the settlement of cases (including cases where it has meritorious defenses) when, in management’s judgment, it is in the best interest of both the Corporation and its shareholders to do so. On at least a quarterly basis, Popular assesses its liabilities and contingencies relating to outstanding Legal Proceedings utilizing the latest information available. For matters where it is probable that the Corporation will incur a material loss and the amount can be reasonably estimated, the Corporation establishes an accrual for the loss. Once established, the accrual is adjusted on at least a quarterly basis as appropriate to reflect any relevant developments. For matters where a material loss is not probable, or the amount of the loss cannot be reasonably estimated, no accrual is established. In certain cases, exposure to loss exists in excess of the accrual to the extent such loss is reasonably possible, but not probable. Management believes and estimates that the range of reasonably possible losses (with respect to those matters where such limits may be determined, in excess of amounts accrued) for current Legal Proceedings ranged from $ 0 to approximately $ 27.2 million as of September 30, 2019. For certain other cases, management cannot reasonably estimate the possible loss at this time. Any estimate involves significant judgment, given the varying stages of the Legal Proceedings (including the fact that many of them are currently in preliminary stages), the existence of multiple defendants in several of the current Legal Proceedings whose share of liability has yet to be determined, the numerous unresolved issues in many of the Legal Proceedings, and the inherent uncertainty of the various potential outcomes of such Legal Proceedings. Accordingly, management’s estimate will change from time-to-time, and actual losses may be more or less than the current estimate. While the outcome of Legal Proceedings is inherently uncertain, based on information currently available, advice of counsel, and available insurance coverage, management believes that the amount it has already accrued is adequate and any incremental liability arising from the Legal Proceedings in matters in which a loss amount can be reasonably estimated will not have a material adverse effect on the Corporation’s consolidated financial position. However, in the event of unexpected future developments, it is possible that the ultimate resolution of these matters in a reporting period, if unfavorable, could have a material adverse effect on the Corporation’s consolidated financial position for that particular period. Set forth below is a description of the Corporation’s significant Legal Proceedings. BANCO POPULAR DE PUERTO RICO Hazard Insurance Commission-Related Litigation Popular, Inc., BPPR and Popular Insurance, LLC (the “Popular Defendants”) have been named defendants in a putative class action complaint captioned Pérez Díaz v. Popular, Inc., et al, filed before the Court of First Instance, Arecibo Part. The complaint seeks damages and preliminary and permanent injunctive relief on behalf of the purported class against the Popular Defendants, as well as Antilles Insurance Company and MAPFRE-PRAICO Insurance Company (the “Defendant Insurance Companies”). Plaintiffs allege that the Popular Defendants have been unjustly enriched by failing to reimburse them for commissions paid by the Defendant Insurance Companies to the insurance agent and/or mortgagee for policy years when no claims were filed against their hazard insurance policies. They demand the reimbursement to the purported “class” of an estimated $ 400 million plus legal interest, for the “good experience” commissions allegedly paid by the Defendant Insurance Companies during the relevant time period, as well as injunctive relief seeking to enjoin the Defendant Insurance Companies from paying commissions to the insurance agent/mortgagee and ordering them to pay those fees directly to the insured. A motion for dismissal on the merits filed by the Defendant Insurance Companies was denied with a right to replead following limited targeted discovery. The Court of Appeals and the Puerto Rico Supreme Court both denied the Popular Defendants’ request to review the lower court’s denial of the motion to dismiss. In December 2017, plaintiffs amended the complaint and, on January 2018, defendants filed an answer thereto. Separately, in October 2017, the Court entered an order whereby it broadly certified the class, after which the Popular Defendants filed a certiorari petition before the Puerto Rico Court of Appeals in relation to the class certification, which the Court declined to entertain. In November 2018 and in January 2019, Plaintiffs filed voluntary dismissal petitions against MAPFRE-PRAICO Insurance Company and Antilles Insurance Company, respectively, leaving the Popular Defendants as the sole remaining defendants in the action. In April 2019, the Court amended the class definition to limit it to individual homeowners whose residential units were subject to a mortgage from BPPR who, in turn, obtained risk insurance policies with Antilles Insurance or MAPFRE Insurance through Popular Insurance from 2002 to 2015, and who did not make insurance claims against said policies during their effective term. The Court set March 20, 2020 as the deadline to complete discovery and scheduled a pre-trial hearing and tentative trial dates for the second half of 2020. BPPR has separately been named a defendant in a putative class action complaint captioned Ramirez Torres, et al. v. Banco Popular de Puerto Rico, et al, filed before the Puerto Rico Court of First Instance, San Juan Part. The complaint seeks damages and preliminary and permanent injunctive relief on behalf of the purported class against the same Popular Defendants, as well as other financial institutions with insurance brokerage subsidiaries in Puerto Rico. Plaintiffs contend that in November 2015 Antilles Insurance Company obtained approval from the Puerto Rico Insurance Commissioner to market an endorsement that allowed its customers to obtain reimbursement on their insurance deductible for good experience, but that defendants failed to offer this product or disclose its existence to their customers, favoring other products instead, in violation of their duties as insurance brokers. Plaintiffs seek a determination that defendants unlawfully failed to comply with their duty to disclose the existence of this new insurance product, as well as double or treble damages (the latter subject to a determination that defendants engaged in monopolistic practices in failing to offer this product). In July 2017, after co-defendants filed motions to dismiss the complaint and opposed the request for preliminary injunctive relief, the Court dismissed the complaint with prejudice. In August 2017, plaintiffs appealed this judgment and, in March 2018, the Court of Appeals reversed the Court of First Instance’s dismissal. The Puerto Rico Supreme Court denied review. At the request of the parties, the Court agreed to first decide certain threshold questions of law but, on August 15, 2019, the Popular Defendants and the Plaintiffs filed a Joint Motion where they informed the Court that Plaintiffs were simultaneously filing voluntary dismissals with prejudice against all other parties. On September 13, 2019, a status hearing was held where the Plaintiffs and the Popular Defendants informed the Court that the parties were in the process of stipulating a class for settlement purposes. The Court set a status hearing for November 14, 2019, where the parties currently expect to submit settlement terms for the Court’s approval. Mortgage-Related Litigation and Claims BPPR has been named a defendant in a putative class action captioned Lilliam González Camacho, et al. v. Banco Popular de Puerto Rico, et al., filed before the United States District Court for the District of Puerto Rico on behalf of mortgage-holders who have allegedly been subjected to illegal foreclosures and/or loan modifications through their mortgage servicers. Plaintiffs maintain that when they sought to reduce their loan payments, defendants failed to provide them with such reduced loan payments, instead subjecting them to lengthy loss mitigation processes while filing foreclosure claims against them in parallel (or dual tracking). Plaintiffs assert that such actions violate the Home Affordable Modification Program (“HAMP”), the Home Affordable Refinance Program (“HARP”) and other federally sponsored loan modification programs, as well as the Puerto Rico Mortgage Debtor Assistance Act and the Truth in Lending Act (“TILA”). For the alleged violations stated above, plaintiffs request that all defendants (over 20, including all local banks) be held jointly and severally liable in an amount no less than $ 400 million. BPPR filed a motion to dismiss in August 2017, as did most co-defendants, and, in March 2018, the District Court dismissed the complaint in its entirety. After being denied reconsideration by the District Court, on August 2018, plaintiffs filed a Notice of Appeal to the U.S. Court of Appeals for the First Circuit. The Court of Appeals has entered an order where it consolidated three pending appeals related to the same subset of facts. The plaintiffs filed their appellate brief on August 16, 2019, but on September 24, 2019, the Court of Appeals ordered plaintiffs to submit a new brief for the consolidated appeals that complied with the applicable appellate procedural rules. On October 4, 2019, plaintiffs filed a revised brief, which defendants believe yet again do not comply with applicable court rules. On November 4, 2019, defendants filed their appellate brief, along with a motion to dismiss the appeal due to the plaintiffs’ repeated failure to comply with the Circuit Court’s rules and orders. BPPR has also been named a defendant in another putative class action captioned Yiries Josef Saad Maura v. Banco Popular, et al., filed by the same counsel who filed the González Camacho action referenced above, on behalf of residential customers of the defendant banks who have allegedly been subject to illegal foreclosures and/or loan modifications through their mortgage servicers. As in González Camacho, plaintiffs contend that when they sought to reduce their loan payments, defendants failed to provide them with such reduced loan payments, instead subjecting them to lengthy loss mitigation processes while filing foreclosure claims against them in parallel, all in violation of TILA, the Real Estate Settlement Procedures Act (“RESPA”), the Equal Credit Opportunity Act (“ECOA”), the Fair Credit Reporting Act (“FCRA”), the Fair Debt Collection Practices Act (“FDCPA”) and other consumer-protection laws and regulations. Plaintiffs did not include a specific amount of damages in their complaint. After waiving service of process, BPPR filed a motion to dismiss the complaint on the same grounds as those asserted in the González Camacho action (as did most co-defendants, separately). BPPR further filed a motion to oppose class certification, which the Court granted in September 2018. On April 5, 2019, the Court entered an Opinion and Order granting BPPR’s and several other defendants’ motions to dismiss with prejudice. Plaintiffs filed a Motion for Reconsideration on April 15, 2019, which Popular timely opposed. The Court held a hearing on May 14, 2019 to entertain the Motion for Reconsideration and other pending miscellaneous motions and, on September 30, 2019, issued an Amended Opinion and Order dismissing plaintiffs’ claims against all defendants, denying the reconsideration requests and other pending motions, and issuing final judgment. On October 17, 2019, the Plaintiffs filed a Motion for Reconsideration of the Court’s Amended Opinion and Order, which BPPR opposed on October 31, 2019. BPPR has been named a defendant in a complaint for damages and breach of contract captioned Héctor Robles Rodriguez et al. v. Municipio de Ceiba, et al. Plaintiffs are residents of a development called Hacienda Las Lomas. Through the Doral Bank-FDIC assisted transaction, BPPR acquired a significant number of mortgage loans within this development and is currently the primary mortgage lender in the project. Plaintiffs claim damages against the developer, contractor, the relevant insurance companies, and most recently, their mortgage lenders, because of a landslide that occurred in October 2015, affecting various streets and houses within the development. Plaintiffs specifically allege that the mortgage lenders, including BPPR, should be deemed liable for their alleged failure to properly inspect the subject properties. Plaintiffs demand $ 30 million in damages plus attorney’s fees, costs and the annulment of their mortgages. BPPR extended plaintiffs four consecutive six-month payment forbearances, the last of which is still in effect, and it is engaged in settlement discussions with plaintiffs. In November 2017, the FDIC notified BPPR that it had agreed to indemnify the Bank in connection with its Doral Bank-related exposure, pursuant to the terms of the relevant Purchase and Assumption Agreement with the FDIC. The FDIC filed a Notice of Removal to the United States District Court for the District of Puerto Rico on March 2018 and, in April 2018, the state court stayed the proceedings in response thereto. In October 2018, the Court granted the FDIC’s motion to stay the proceedings until plaintiffs have exhausted administrative remedies and, thereafter, the FDIC filed a motion to dismiss all claims for lack of subject matter jurisdiction due to plaintiffs’ failure to properly make any applicable administrative claims. Such motion was referred to a Magistrate Judge, which on May 17, 2019 recommended that the motion be granted and all claims against the FDIC be dismissed. On September 30, 2019, the District Judge issued an order where she adopted the Report and Recommendation of the Magistrate Judge granting the FDIC’s Motion to Dismiss and remanding the remaining claims related to mortgage loans not acquired from Doral (approximately eight ( 8) loans) to the Commonwealth of Puerto Rico’s Court of First Instance. The District Judge has yet to issue an Opinion and Order triggering the applicable appeal terms. Mortgage-Related Investigations The Corporation and its subsidiaries from time to time receive requests for information from departments of the U.S. government that investigate mortgage-related conduct. In particular, BPPR has received subpoenas and other requests for information from the Federal Housing Finance Agency’s Office of the Inspector General, the Civil Division of the Department of Justice, the Special Inspector General for the Troubled Asset Relief Program and the Federal Department of Housing and Urban Development’s Office of the Inspector General mainly concerning real estate appraisals and residential and construction loans in Puerto Rico. Separately, in July 2017, management learned that certain letters related to approximately 23,000 residential mortgage loans generated by the Corporation to comply with Bureau of Consumer Financial Protection (“CFPB”) rules requiring written notification to borrowers who have submitted a loss mitigation application were not mailed to borrowers over a period of up to approximately three-years due to a systems interface error. Loss mitigation is a process whereby creditors work with mortgage loan borrowers who are having difficulties making their loan payments on their debt. The Corporation corrected the systems interface error that caused the letters not to be sent, notified applicable regulators, completed a review of its mortgage files to assess the scope of potential customer impact and conducted outreach and remediation efforts with respect to borrowers potentially affected by the systems interface error. The Corporation has also engaged in remediation with respect to other printing and mailings incidents and other servicing matters in its mortgage servicing operation. The Corporation is engaged in ongoing dialogue with applicable regulators with respect to the aforementioned mortgage servicing matters and there can be no assurances as to the outcome thereof. At this point, we are not able to estimate the financial impact of the foregoing. Other Significant Proceedings In June 2017, a syndicate comprised of BPPR and other local banks (the “Lenders”) filed an involuntary Chapter 11 bankruptcy proceeding against Betteroads Asphalt and Betterecycling Corporation (the “Involuntary Debtors”). This filing followed attempts by the Lenders to restructure and resolve the Involuntary Debtors’ obligations and outstanding defaults under a certain credit agreement, first through good faith negotiations and subsequently, through the filing of a collection action against the Involuntary Debtors in local court. The Involuntary Debtors subsequently counterclaimed, asserting damages in excess of $ 900 million. The Lenders ultimately joined in the commencement of these involuntary bankruptcy proceedings against the Debtors in order to preserve and recover the Involuntary Debtors’ assets, having confirmed that the Involuntary Debtors were transferring assets out of their estate for little or no consideration. The Involuntary Debtors subsequently filed a motion to dismiss the proceedings and for damages against the syndicate, arguing both that this petition was filed in bad faith and that there was a bona fide dispute as to the petitioners’ claims, as set forth in the counterclaim filed by the Involuntary Debtors in local court. The court allowed limited discovery to take place prior to an evidentiary hearing to determine the merits of debtors’ motion to dismiss. On November 30, 2018, the Court issued an order where it ruled that: (1) the Lenders, as petitioning creditors, satisfied the three-prong requirement for filing an involuntary petition; (2) nonetheless, bad faith is an independent cause for dismissal of an involuntary petition under section 303(b) of the Bankruptcy Code; and (3) the Involuntary Debtors failed to show that dismissal pursuant to section 305(a)(1) abstention is in the best interest of both the creditors and the debtors. Hearings to consider whether the involuntary petitions were filed in bad faith, that is, for an improper purpose that constitutes an abuse of the bankruptcy process were held during June and July 2019. On October 11, 2019, the Court entered an Opinion and Order determining that the involuntary petitions were not filed in bad faith and issued an order for relief under Chapter 11 of the U.S. Bankruptcy Code granting the involuntary petitions. On October 25, 2019, the debtors filed a Notice of Appeal to the U.S. District Court, which the Lenders expect to timely oppose. POPULAR BANK Employment-Related Litigation On July 30, 2019, Popular Bank (“PB”) was served in a putative class complaint in which it was named as a defendant along with five ( 5) current PB employees (collectively, the “AB Defendants”), captioned Aileen Betances, et al. v. Popular Bank, et al., filed before the Supreme Court of the State of New York (the “AB Action”). The complaint, filed by five ( 5) current and former PB employees, seeks to recover damages for the AB Defendants' alleged violation of local and state sexual harassment, discrimination and retaliation laws. Additionally, on July 30, 2019, PB was served in a putative class complaint in which it was named as a defendant along with six ( 6) current PB employees (collectively, the “DR Defendants”), captioned Damian Reyes, et al. v. Popular Bank, et al., filed before the Supreme Court of the State of New York (the “DR Action”). The DR Action, filed by three ( 3) current and former PB employees, seeks to recover damages for the DR Defendants’ alleged violation of local and state discrimination and retaliation laws. Plaintiffs in both complaints are represented by the same legal counsel, and five of the six named individual defendants in the DR Action are the same named individual defendants in the AB Action. Both complaints are related, among other things, to allegations of purported sexual harassment and/or misconduct by a former PB employee as well as PB’s actions in connection thereto and seek no less than $ 100 million in damages each. On October 21, 2019, PB and the other defendants filed several Motions to Dismiss. Plaintiffs have until December 11, 2019 to respond. POPULAR SECURITIES Puerto Rico Bonds and Closed-End Investment Funds The volatility in prices and declines in value that Puerto Rico municipal bonds and closed-end investment companies that invest primarily in Puerto Rico municipal bonds have experienced since August 2013 have led to regulatory inquiries, customer complaints and arbitrations for most broker-dealers in Puerto Rico, including Popular Securities. Popular Securities has received customer complaints and is named as a respondent (among other broker-dealers) in 193 arbitration proceedings with aggregate claimed amounts of approximately $ 245 million, including one 30 million. While Popular Securities believes it has meritorious defenses to the claims asserted in these proceedings, it has often determined that it is in its best interest to settle certain claims rather than expend the money and resources required to see such cases to completion. The Puerto Rico Government’s defaults and non-payment of its various debt obligations, as well as the Commonwealth’s and the Financial Oversight Management Board’s (the “Oversight Board”) decision to pursue restructurings under Title III and Title VI of PROMESA, have increased and may continue to increase the number of customer complaints (and claimed damages) filed against Popular Securities concerning Puerto Rico bonds and closed-end investment companies that invest primarily in Puerto Rico bonds. An adverse result in the arbitration proceedings described above, or a significant increase in customer complaints, could have a material adverse effect on Popular. PROMESA Title III Proceedings In 2017, the Oversight Board engaged the law firm of Kobre & Kim to carry out an independent investigation on behalf of the Oversight Board regarding, among other things, the causes of the Puerto Rico financial crisis. Popular, Inc., BPPR and Popular Securities (collectively, the “Popular Companies”) were served by, and cooperated with, the Oversight Board in connection with requests for the preservation and voluntary production of certain documents and witnesses with respect to Kobre & Kim’s independent investigation. On August 20, 2018, Kobre & Kim issued its Final Report, which contained various references to the Popular Companies, including an allegation that Popular Securities participated as an underwriter in the Commonwealth’s 2014 issuance of government obligation bonds notwithstanding having allegedly advised against it. The report noted that such allegation could give rise to an unjust enrichment claim against the Corporation and could also serve as a basis to equitably subordinate claims filed by the Corporation in the Title III proceeding to other third-party claims. After the publication of the Final Report, the Oversight Board created a special claims committee (“SCC”) and, before the end of the applicable two-year statute of limitations for the filing of such claims pursuant to the U.S. Bankruptcy Code, the SCC, along with the Commonwealth’s Unsecured Creditors’ Committee (“UCC”), filed various avoidance, fraudulent transfer and other claims against third parties, including government vendors and financial institutions and other professionals involved in bond issuances being challenged as invalid by the SCC and the UCC. Prior to the filing of those claims, the Popular Companies, the SCC and the UCC entered into a tolling agreement with respect to potential claims the SCC and the UCC, on behalf of the Commonwealth or other Title III debtors, may assert against the Popular Companies for the avoidance and recovery of payments and/or transfers made to the Popular Companies or as a result of any role of the Popular Companies in the offering of the aforementioned challenged bond issuances.

Non-consolidated variable inter

Non-consolidated variable interest entities	9 Months Ended
	Sep. 30, 2019
Disclosure Text Block
Non-consolidated Variable Interest Entities	Note 23 – Non-consolidated variable interest entities The Corporation is involved with three Also, the Corporation is involved with various special purpose entities mainly in guaranteed mortgage securitization transactions, including GNMA and FNMA. These special purpose entities are deemed to be VIEs since they lack equity investments at risk. The Corporation’s continuing involvement in these guaranteed loan securitizations includes owning certain beneficial interests in the form of securities as well as the servicing rights retained. The Corporation is not required to provide additional financial support to any of the variable interest entities to which it has transferred the financial assets. The mortgage-backed securities, to the extent retained, are classified in the Corporation’s Consolidated Statements of Financial Condition as available-for-sale or trading securities. The Corporation concluded that, essentially, these entities (FNMA and GNMA) control the design of their respective VIEs, dictate the quality and nature of the collateral, require the underlying insurance, set the servicing standards via the servicing guides and can change them at will, and can remove a primary servicer with cause, and without cause in the case of FNMA. Moreover, through their guarantee obligations, agencies (FNMA and GNMA) have the obligation to absorb losses that could be potentially significant to the VIE. The Corporation holds variable interests in these VIEs in the form of agency mortgage-backed securities and collateralized mortgage obligations, including those securities originated by the Corporation and those acquired from third parties. Additionally, the Corporation holds agency mortgage-backed securities and agency collateralized mortgage obligations issued by third party VIEs in which it has no other form of continuing involvement. Refer to Note 25 to the Consolidated Financial Statements for additional information on the debt securities outstanding at September 30, 2019 and December 31, 2018, which are classified as available-for-sale and trading securities in the Corporation’s Consolidated Statements of Financial Condition. In addition, the Corporation holds variable interests in the form of servicing fees, since it retains the right to service the transferred loans in those government-sponsored special purpose entities (“SPEs”) and may also purchase the right to service loans in other government-sponsored SPEs that were transferred to those SPEs by a third-party. The following table presents the carrying amount and classification of the assets related to the Corporation’s variable interests in non-consolidated VIEs and the maximum exposure to loss as a result of the Corporation’s involvement as servicer of GNMA and FNMA loans at September 30, 2019 and December 31, 2018. (In thousands) September 30, 2019 December 31, 2018 Assets Servicing assets: Mortgage servicing rights $ 113,148 $ 136,280 Total servicing assets $ 113,148 $ 136,280 Other assets: Servicing advances $ 31,839 $ 37,988 Total other assets $ 31,839 $ 37,988 Total assets $ 144,987 $ 174,268 Maximum exposure to loss $ 144,987 $ 174,268 The size of the non-consolidated VIEs, in which the Corporation has a variable interest in the form of servicing fees, measured as the total unpaid principal balance of the loans, amounted to $ 10.0 billion at September 30, 2019 (December 31, 2018 - $ 10.6 billion). The Corporation determined that the maximum exposure to loss includes the fair value of the MSRs and the assumption that the servicing advances at September 30, 2019 and December 31, 2018, will not be recovered. The agency debt securities are not included as part of the maximum exposure to loss since they are guaranteed by the related agencies. In September of 2011, BPPR sold construction and commercial real estate loans to a newly created joint venture, PRLP 2011 Holdings, LLC. In March of 2013, BPPR completed a sale of commercial and construction loans, and commercial and single family real estate owned to a newly created joint venture, PR Asset Portfolio 2013-1 International, LLC. These joint ventures were created for the limited purpose of acquiring the loans from BPPR; servicing the loans through a third-party servicer; ultimately working out, resolving and/or foreclosing the loans; and indirectly owning, operating, constructing, developing, leasing and selling any real properties acquired by the joint ventures through deed in lieu of foreclosure, foreclosure, or by resolution of any loan. BPPR provided financing to these entities for the acquisition of the assets. In addition, BPPR provided these joint ventures with a non-revolving advance facility to cover unfunded commitments and costs-to-complete related to certain construction projects, and a revolving working capital line to fund certain operating expenses of the joint venture. As part of these transactions, BPPR received $ 48 million and $ 92 million, for PRLP 2011 Holdings, LLC and PR Asset Portfolio 2013-1 International, LLC, respectively, in cash and a 24.9% equity interest in each joint venture. The Corporation is not required to provide any other financial support to these joint ventures. BPPR accounted for both transactions as a true sale pursuant to ASC Subtopic 860-10. The Corporation determined that PRLP 2011 Holdings, LLC and PR Asset Portfolio 2013-1 International, LLC are VIEs but it is not the primary beneficiary. All decisions are made by Caribbean Property Group (“CPG”) (or an affiliate thereof) (the “Manager”), except for certain limited material decisions which would require the unanimous consent of all members. The Manager is authorized to execute and deliver on behalf of the joint ventures any and all documents, contracts, certificates, agreements and instruments, and to take any action deemed necessary in the benefit of the joint ventures. All financing facilities extended by BPPR to these joint ventures have been repaid in full. The Corporation maintains a variable interests in these VIEs in the form of the 24.9% equity interest. The equity interest is accounted for under the equity method of accounting pursuant to ASC Subtopic 323-10. The following tables present the carrying amount and classification of the assets and liabilities related to the Corporation’s variable interests in the non-consolidated VIEs, PRLP 2011 Holdings, LLC and PR Asset Portfolio 2013-1 International, LLC, and their maximum exposure to loss at September 30, 2019 and December 31, 2018. PRLP 2011 Holdings, LLC PR Asset Portfolio 2013-1 International, LLC (In thousands) September 30, 2019 December 31, 2018 September 30, 2019 December 31, 2018 Assets Other assets: Equity investment $ 6,393 $ 6,469 $ 3,409 $ 5,794 Total assets $ 6,393 $ 6,469 $ 3,409 $ 5,794 Liabilities Deposits $ ( 909) $ ( 2,566) $ ( 9,582) $ ( 7,994) Total liabilities $ ( 909) $ ( 2,566) $ ( 9,582) $ ( 7,994) Total net assets $ 5,484 $ 3,903 $ ( 6,173) $ ( 2,200) Maximum exposure to loss $ 5,484 $ 3,903 $ - $ - The Corporation determined that the maximum exposure to loss under a worst case scenario at September 30, 2019 would be not recovering the net assets held by the Corporation as of the reporting date. ASU 2009-17 requires that an ongoing primary beneficiary assessment should be made to determine whether the Corporation is the primary beneficiary of any of the VIEs it is involved with. The conclusion on the assessment of these non-consolidated VIEs has not changed since their initial evaluation. The Corporation concluded that it is still not the primary beneficiary of these VIEs, and therefore, these VIEs are not required to be consolidated in the Corporation’s financial statements at September 30, 2019.

Related party transactions

Related party transactions	9 Months Ended
	Sep. 30, 2019
Related Party Transactions
Related Party Transactions	Note 24 – Related party transactions The Corporation considers its equity method investees as related parties. The following provides information on transactions with equity method investees considered related parties. EVERTEC The Corporation has an investment in EVERTEC, Inc. (“EVERTEC”), which provides various processing and information technology services to the Corporation and its subsidiaries and gives BPPR access to the ATH network owned and operated by EVERTEC. As of September 30, 2019, the Corporation held 11,654,803 shares of EVERTEC, representing an ownership stake of 16.20 % . The Corporation continues to have significant influence over EVERTEC. Accordingly, the investment in EVERTEC is accounted for under the equity method and is evaluated for impairment if events or circumstances indicate that a decrease in value of the investment has occurred that is other than temporary. The Corporation received $ 1.7 million in dividend distributions during the nine months ended September 30, 2019, from its investments in EVERTEC’s holding company (September 30, 2018 - $ 0.6 million). The Corporation’s equity in EVERTEC is presented in the table which follows and is included as part of “other assets” in the Consolidated Statements of Financial Condition. (In thousands) September 30, 2019 December 31, 2018 Equity investment in EVERTEC $ 69,380 $ 60,591 The Corporation had the following financial condition balances outstanding with EVERTEC at September 30, 2019 and December 31, 2018. Items that represent liabilities to the Corporation are presented with parenthesis. (In thousands) September 30, 2019 December 31, 2018 Accounts receivable (Other assets) $ 2,561 $ 6,829 Deposits ( 47,108) ( 28,606) Accounts payable (Other liabilities) ( 1,512) ( 3,671) Net total $ ( 46,059) $ ( 25,448) The Corporation’s proportionate share of income or loss from EVERTEC is included in other operating income in the consolidated statements of operations. The following table presents the Corporation’s proportionate share of EVERTEC’s income (loss) and changes in stockholders’ equity for the quarters and nine months ended September 30, 2019 and 2018. Quarter ended Nine months ended (In thousands) September 30, 2019 September 30, 2019 Share of income from the investment in EVERTEC $ 4,010 $ 12,709 Share of other changes in EVERTEC's stockholders' equity 621 703 Share of EVERTEC's changes in equity recognized in income $ 4,631 $ 13,412 Quarter ended Nine months ended (In thousands) September 30, 2018 September 30, 2018 Share of income from the investment in EVERTEC $ 3,682 $ 10,586 Share of other changes in EVERTEC's stockholders' equity ( 34) 601 Share of EVERTEC's changes in equity recognized in income $ 3,648 $ 11,187 The following tables present the transactions and service payments between the Corporation and EVERTEC (as an affiliate) and their impact on the results of operations for the quarters and nine months ended September 30, 2019 and 2018. Items that represent expenses to the Corporation are presented with parenthesis. Quarter ended Nine months ended (In thousands) September 30, 2019 September 30, 2019 Category Interest expense on deposits $ ( 27) $ ( 59) Interest expense ATH and credit cards interchange income from services to EVERTEC 6,221 22,897 Other service fees Rental income charged to EVERTEC 1,744 5,337 Net occupancy Processing fees on services provided by EVERTEC ( 55,901) ( 164,255) Professional fees Other services provided to EVERTEC 247 873 Other operating expenses Total $ ( 47,716) $ ( 135,207) Quarter ended Nine months ended (In thousands) September 30, 2018 September 30, 2018 Category Interest expense on deposits $ ( 21) $ ( 46) Interest expense ATH and credit cards interchange income from services to EVERTEC 8,486 24,940 Other service fees Rental income charged to EVERTEC 1,781 5,297 Net occupancy Processing fees on services provided by EVERTEC ( 48,360) ( 142,443) Professional fees Other services provided to EVERTEC 279 884 Other operating expenses Total $ ( 37,835) $ ( 111,368) PRLP 2011 Holdings, LLC and PR Asset Portfolio 2013-1 International, LLC As indicated in Note 23 to the Consolidated Financial Statements, the Corporation holds a 24.9% equity interest in PRLP 2011 Holdings, LLC and PR Asset Portfolio 2013-1 International, LLC. The Corporation’s equity in PRLP 2011 Holdings, LLC and PR Asset Portfolio 2013-1 International, LLC is presented in the table which follows and is included as part of “other assets” in the Consolidated Statements of Financial Condition. PRLP 2011 Holdings, LLC PR Asset Portfolio 2013-1 International, LLC (In thousands) September 30, 2019 December 31, 2018 September 30, 2019 December 31, 2018 Equity investment $ 6,393 $ 6,469 $ 3,409 $ 5,794 The Corporation held deposits from these entities, as follows: PRLP 2011 Holdings, LLC PR Asset Portfolio 2013-1 International, LLC (In thousands) September 30, 2019 December 31, 2018 September 30, 2019 December 31, 2018 Deposits (non-interest bearing) $ ( 909) $ ( 2,566) $ ( 9,582) $ ( 7,994) The Corporation’s proportionate share of income or loss from these entities is presented in the following table and is included in other operating income in the Consolidated Statements of Operations. PRLP 2011 Holdings, LLC PR Asset Portfolio 2013-1 International, LLC Quarter ended Nine months ended Quarter ended Nine months ended (In thousands) September 30, 2019 September 30, 2018 September 30, 2019 September 30, 2018 September 30, 2019 September 30, 2018 September 30, 2019 September 30, 2018 Share of income (loss) from the equity investment $ ( 65) $ 55 $ ( 76) $ ( 257) $ ( 236) $ 112 $ 306 $ ( 5,297) During the nine months ended September 30, 2019, the Corporation received $ 2.7 million in capital distributions from its investment in PR Asset Portfolio 2013-1 International, LLC (September 30, 2018 - $ 2.0 million) . There were no Centro Financiero BHD León At September 30, 2019, the Corporation had a 15.84% equity interest in Centro Financiero BHD León, S.A. (“BHD León”), one of the largest banking and financial services groups in the Dominican Republic. During the nine months ended September 30, 2019, the Corporation recorded $ 20.1 million in earnings from its investment in BHD León (September 30, 2018 - $ 22.1 million), which had a carrying amount of $ 150.0 million at September 30, 2019 (December 31, 2018 - $ 140.4 million). On December 2017, BPPR extended a credit facility of $ 40 million to BHD León. This credit facility was repaid during the quarter ended March 31, 2018. The Corporation received $ 12.6 million in dividend distributions during the nine months ended September 30, 2019 from its investment in BHD León (September 30, 2018 - $ 12.6 million). On June 30, 2017, BPPR extended an $ 8 million credit facility to Grupo Financiero Leon, S.A. Panamá (“GFL”), a shareholder of BHD León with an outstanding balance of $ 8 million at September 30, 2018. The sources of repayment for this loan were the dividends to be received by GFL from its investment in BHD León. BPPR’s credit facility ranked pari passu with another $ 8 million credit facility extended to GFL by BHD International Panama, an affiliate of BHD León. This credit facility was repaid during the quarter ended June 30, 2018. Investment Companies The Corporation provides advisory services to several investment companies registered under the Puerto Rico Investment Companies Act in exchange for a fee. The Corporation also provides administrative, custody and transfer agency services to these investment companies. These fees are calculated at an annual rate of the average net assets of the investment company, as defined in each agreement. Due to its advisory role, the Corporation considers these investment companies as related parties. For the nine months ended September 30, 2019 administrative fees charged to these investment companies amounted to $ 4.8 million (September 30, 2018 - $ 5.1 million) and waived fees amounted to $ 1.6 million (September 30, 2018 - $ 1.6 million), for a net fee of $ 3.2 million (September 30, 2018 - $ 3.5 million). The Corporation, through its subsidiary BPPR, has also entered into certain uncommitted credit facilities with those investment companies. As of September 30, 2019, the available lines of credit facilities amounted to $ 330 million (December 31, 2018 - $ 330 million). The aggregate sum of all outstanding balances under all credit facilities that may be made available by BPPR, from time to time, to those investment companies for which BPPR acts as investment advisor or co-investment advisor, shall never exceed the lesser of $200 million or 10% of BPPR’s capital. At September 30, 2019 there was no Other related party transactions On August 2018, BPPR acquired certain assets and assumed certain liabilities of Reliable Financial Services and Reliable Finance Holding Company, Puerto Rico-based subsidiaries of Wells Fargo & Company engaged in the auto finance business in Puerto Rico. Refer to Note 4 for additional information on this transaction. As part of the acquisition transaction, the Corporation entered into an agreement with Reliable Financial Services to sublease the space necessary to continue the acquired operations. Reliable Financial Services’ underlying lease agreement was with an entity in which the Corporation’s Chairman of the Board and his family members hold an ownership interest. This lease expired on April 30, 2019 pursuant to its terms. During the quarter ended March 31, 2019, the Corporation paid to Reliable Financial Services approximately $ 0.4 million under the sublease.

Fair value measurement

Fair value measurement	9 Months Ended
	Sep. 30, 2019
Fair Value Disclosures
Fair Value Measurement	Note 25 – Fair value measurement ASC Subtopic 820-10 “Fair Value Measurements and Disclosures” establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three levels in order to increase consistency and comparability in fair value measurements and disclosures. The hierarchy is broken down into three levels based on the reliability of inputs as follows:  Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Corporation has the ability to access at the measurement date. Valuation on these instruments does not necessitate a significant degree of judgment since valuations are based on quoted prices that are readily available in an active market. Level 2 - Quoted prices other than those included in Level 1 that are observable either directly or indirectly. Level 2 inputs include quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs that are observable or that can be corroborated by observable market data for substantially the full term of the financial instrument. Level 3 - Inputs are unobservable and significant to the fair value measurement. Unobservable inputs reflect the Corporation’s own assumptions about assumptions that market participants would use in pricing the asset or liability. The Corporation maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the observable inputs be used when available. Fair value is based upon quoted market prices when available. If listed prices or quotes are not available, the Corporation employs internally-developed models that primarily use market-based inputs including yield curves, interest rates, volatilities, and credit curves, among others. Valuation adjustments are limited to those necessary to ensure that the financial instrument’s fair value is adequately representative of the price that would be received or paid in the marketplace. These adjustments include amounts that reflect counterparty credit quality, the Corporation’s credit standing, constraints on liquidity and unobservable parameters that are applied consistently. There have been no changes in the Corporation’s methodologies used to estimate the fair value of assets and liabilities from those disclosed in the 2018 Form 10-K. The estimated fair value may be subjective in nature and may involve uncertainties and matters of significant judgment for certain financial instruments. Changes in the underlying assumptions used in calculating fair value could significantly affect the results. Fair Value on a Recurring and Nonrecurring Basis The following fair value hierarchy tables present information about the Corporation’s assets and liabilities measured at fair value on a recurring basis at September 30, 2019 and December 31, 2018: At September 30, 2019 (In thousands) Level 1 Level 2 Level 3 Total RECURRING FAIR VALUE MEASUREMENTS Assets Debt securities available-for-sale: U.S. Treasury securities $ 4,487,422 $ 6,016,866 $ - $ 10,504,288 Obligations of U.S. Government sponsored entities - 187,092 - 187,092 Obligations of Puerto Rico, States and political subdivisions - 6,931 - 6,931 Collateralized mortgage obligations - federal agencies - 630,636 - 630,636 Mortgage-backed securities - 5,148,581 1,209 5,149,790 Other - 373 - 373 Total debt securities available-for-sale $ 4,487,422 $ 11,990,479 $ 1,209 $ 16,479,110 Trading account debt securities, excluding derivatives: U.S. Treasury securities $ 2,758 $ 2 $ - $ 2,760 Obligations of Puerto Rico, States and political subdivisions - 649 - 649 Collateralized mortgage obligations - 79 557 636 Mortgage-backed securities - 28,772 26 28,798 Other - 3,004 456 3,460 Total trading account debt securities, excluding derivatives $ 2,758 $ 32,506 $ 1,039 $ 36,303 Equity securities $ - $ 19,778 $ - $ 19,778 Mortgage servicing rights - - 150,652 150,652 Derivatives - 15,234 - 15,234 Total assets measured at fair value on a recurring basis $ 4,490,180 $ 12,057,997 $ 152,900 $ 16,701,077 Liabilities Derivatives $ - $ ( 14,069) $ - $ ( 14,069) Total liabilities measured at fair value on a recurring basis $ - $ ( 14,069) $ - $ ( 14,069) At December 31, 2018 (In thousands) Level 1 Level 2 Level 3 Total RECURRING FAIR VALUE MEASUREMENTS Assets Debt securities available-for-sale: U.S. Treasury securities $ 2,719,740 $ 5,552,456 $ - $ 8,272,196 Obligations of U.S. Government sponsored entities - 333,309 - 333,309 Obligations of Puerto Rico, States and political subdivisions - 6,742 - 6,742 Collateralized mortgage obligations - federal agencies - 728,671 - 728,671 Mortgage-backed securities - 3,957,545 1,233 3,958,778 Other - 488 - 488 Total debt securities available-for-sale $ 2,719,740 $ 10,579,211 $ 1,233 $ 13,300,184 Trading account debt securities, excluding derivatives: U.S. Treasury securities $ 6,278 $ - $ - $ 6,278 Obligations of Puerto Rico, States and political subdivisions - 134 - 134 Collateralized mortgage obligations - 48 611 659 Mortgage-backed securities - 27,214 43 27,257 Other - 2,974 485 3,459 Total trading account debt securities, excluding derivatives $ 6,278 $ 30,370 $ 1,139 $ 37,787 Equity securities $ - $ 13,296 $ - $ 13,296 Mortgage servicing rights - - 169,777 169,777 Derivatives - 13,603 - 13,603 Total assets measured at fair value on a recurring basis $ 2,726,018 $ 10,636,480 $ 172,149 $ 13,534,647 Liabilities Derivatives $ - $ ( 12,320) $ - $ ( 12,320) Total liabilities measured at fair value on a recurring basis $ - $ ( 12,320) $ - $ ( 12,320) The fair value information included in the following tables is not as of period end, but as of the date that the fair value measurement was recorded during the quarters and nine months ended September 30, 2019 and 2018 and excludes nonrecurring fair value measurements of assets no longer outstanding as of the reporting date. Nine months ended September 30, 2019 (In thousands) Level 1 Level 2 Level 3 Total NONRECURRING FAIR VALUE MEASUREMENTS Assets Write-downs Loans [1] $ - $ - $ 65,922 $ 65,922 $ ( 10,761) Other real estate owned [2] - - 17,942 17,942 ( 3,486) Other foreclosed assets [2] - - 1,221 1,221 ( 153) Long-lived assets held-for-sale [3] - - 2,500 2,500 ( 2,591) Total assets measured at fair value on a nonrecurring basis $ - $ - $ 87,585 $ 87,585 $ ( 16,991) [1] Relates mostly to certain impaired collateral dependent loans. The impairment was measured based on the fair value of the collateral, which is derived from appraisals that take into consideration prices in observed transactions involving similar assets in similar locations, in accordance with the provisions of ASC Section 310-10-35. Costs to sell are excluded from the reported fair value amount. [2] Represents the fair value of foreclosed real estate and other collateral owned that were written down to their fair value. Costs to sell are excluded from the reported fair value amount. [3] Represents the fair value of long-lived assets held-for-sale that were written down to their fair value. Nine months ended September 30, 2018 (In thousands) Level 1 Level 2 Level 3 Total NONRECURRING FAIR VALUE MEASUREMENTS Assets Write-downs Loans [1] $ - $ - $ 79,347 $ 79,347 $ ( 28,769) Other real estate owned [2] - - 42,572 42,572 ( 8,744) Other foreclosed assets [2] - - 2,596 2,596 ( 957) Total assets measured at fair value on a nonrecurring basis $ - $ - $ 124,515 $ 124,515 $ ( 38,470) [1] Relates mostly to certain impaired collateral dependent loans. The impairment was measured based on the fair value of the collateral, which is derived from appraisals that take into consideration prices in observed transactions involving similar assets in similar locations, in accordance with the provisions of ASC Section 310-10-35. Costs to sell are excluded from the reported fair value amount. [2] Represents the fair value of foreclosed real estate and other collateral owned that were written down to their fair value. Costs to sell are excluded from the reported fair value amount. The following tables present the changes in Level 3 assets and liabilities measured at fair value on a recurring basis for the quarters and nine months ended September 30, 2019 and 2018 . Quarter ended September 30, 2019 MBS CMOs Other classified classified securities as debt as trading MBS classified securities account classified as as trading Mortgage available- debt trading account account debt servicing Total (In thousands) for-sale securities debt securities securities rights assets Balance at June 30, 2019 $ 1,235 $ 618 $ 26 $ 468 $ 153,021 $ 155,368 Gains (losses) included in earnings - ( 1) - ( 12) ( 4,842) ( 4,855) Gains (losses) included in OCI ( 1) - - - - ( 1) Additions - 1 - - 2,473 2,474 Settlements ( 25) ( 61) - - - ( 86) Balance at September 30, 2019 $ 1,209 $ 557 $ 26 $ 456 $ 150,652 $ 152,900 Changes in unrealized gains (losses) included in earnings relating to assets still held at September 30, 2019 $ - $ 1 $ - $ 5 $ ( 1,575) $ ( 1,569) Nine months ended September 30, 2019 MBS Other classified CMOs securities as investment classified MBS classified securities as trading classified as as trading Mortgage available- account trading account account servicing Total (In thousands) for-sale securities securities securities rights assets Balance at January 1, 2019 $ 1,233 $ 611 $ 43 $ 485 $ 169,777 $ 172,149 Gains (losses) included in earnings - - ( 1) ( 29) ( 25,853) ( 25,883) Gains (losses) included in OCI 1 - - - - 1 Additions - 65 25 - 6,728 6,818 Settlements ( 25) ( 119) ( 41) - - ( 185) Balance at September 30, 2019 $ 1,209 $ 557 $ 26 $ 456 $ 150,652 $ 152,900 Changes in unrealized gains (losses) included in earnings relating to assets still held at September 30, 2019 $ - $ - $ 1 $ 13 $ ( 15,993) $ ( 15,979) Quarter ended September 30, 2018 MBS Other classified CMOs securities as investment classified MBS classified securities as trading classified as as trading Mortgage available- account trading account account servicing Total (In thousands) for-sale securities securities securities rights assets Balance at June 30, 2018 $ 1,264 $ 670 $ 43 $ 506 $ 164,025 $ 166,508 Gains (losses) included in earnings - - - ( 8) ( 4,194) ( 4,202) Gains (losses) included in OCI ( 1) - - - - ( 1) Additions - 7 - - 2,946 2,953 Settlements - ( 33) - - - ( 33) Balance at September 30, 2018 $ 1,263 $ 644 $ 43 $ 498 $ 162,777 $ 165,225 Changes in unrealized gains (losses) included in earnings relating to assets still held at September 30, 2018 $ - $ - $ - $ 3 $ - $ 3 Nine months ended September 30, 2018 MBS Other classified CMOs securities as investment classified MBS classified securities as trading classified as as trading Mortgage available- account trading account account servicing Total Contingent Total (In thousands) for-sale securities securities securities rights assets consideration [1] liabilities Balance at January 1, 2018 $ 1,288 $ 529 $ 43 $ 529 $ 168,031 $ 170,420 $ ( 164,858) $ ( 164,858) Gains (losses) included in earnings - 6 - ( 31) ( 13,123) ( 13,148) ( 6,112) ( 6,112) Gains (losses) included in OCI 1 - - - - 1 - - Additions - 260 - - 7,869 8,129 - - Settlements ( 26) ( 151) - - - ( 177) 170,970 170,970 Balance at September 30, 2018 $ 1,263 $ 644 $ 43 $ 498 $ 162,777 $ 165,225 $ - $ - Changes in unrealized gains (losses) included in earnings relating to assets still held at September 30, 2018 $ - $ 6 $ - $ 14 $ - $ 20 $ - $ - [1] Effective May 22, 2018, the Corporation entered into a Termination Agreement with the FDIC to terminate the Corporation's loss share arrangement ahead of their contractual maturities. Refer to Note 10 for additional information. Gains and losses (realized and unrealized) included in earnings for the quarters and nine months ended September 30, 2019 and 2018 for Level 3 assets and liabilities included in the previous tables are reported in the consolidated statement of operations as follows: Quarter ended September 30, 2019 Nine months ended September 30, 2019 Changes in unrealized Changes in unrealized Total gains gains (losses) relating to Total gains gains (losses) relating to (losses) included assets still held at (losses) included assets still held at (In thousands) in earnings reporting date in earnings reporting date Mortgage banking activities $ ( 4,842) $ ( 1,575) $ ( 25,853) $ ( 15,993) Trading account profit (loss) ( 13) 6 ( 30) 14 Total $ ( 4,855) $ ( 1,569) $ ( 25,883) $ ( 15,979) Quarter ended September 30, 2018 Nine months ended September 30, 2018 Changes in unrealized Changes in unrealized Total gains gains (losses) relating to Total gains gains (losses) relating to (losses) included assets still held at (losses) included assets still held at (In thousands) in earnings reporting date in earnings reporting date FDIC loss share expense $ - $ - $ ( 6,112) $ - Mortgage banking activities ( 4,194) - ( 13,123) - Trading account profit (loss) ( 8) 3 ( 25) 20 Total $ ( 4,202) $ 3 $ ( 19,260) $ 20 The following table includes quantitative information about significant unobservable inputs used to derive the fair value of Level 3 instruments, excluding those instruments for which the unobservable inputs were not developed by the Corporation such as prices of prior transactions and/or unadjusted third-party pricing sources. Fair value at September 30, (In thousands) 2019 Valuation technique Unobservable inputs Weighted average (range) [1] CMO's - trading $ 557 Discounted cash flow model Weighted average life 1.7 years ( 1.4 - 1.8 years) Yield 4.0% ( 3.9% - 4.4%) Prepayment speed 18.5% ( 15.2% - 20.7%) Other - trading $ 456 Discounted cash flow model Weighted average life 5.2 years Yield 12.0% Prepayment speed 10.8% Mortgage servicing rights $ 150,652 Discounted cash flow model Prepayment speed 6.8% ( 0.2% - 19.9%) Weighted average life 6.2 years ( 0.1 - 13.9 years) Discount rate 11.2% ( 9.5% - 14.7%) Loans held-in-portfolio $ 62,442 [2] External appraisal Haircut applied on external appraisals 10.3% ( 10.0% - 21.0%) Other real estate owned $ 15,003 [3] External appraisal Haircut applied on external appraisals 23.5% ( 10.0% - 35.0%) [1] Weighted average of significant unobservable inputs used to develop Level 3 fair value measurements were calculated by relative fair value. [2] Loans held-in-portfolio in which haircuts were not applied to external appraisals were excluded from this table. [3] Other real estate owned in which haircuts were not applied to external appraisals were excluded from this table. The significant unobservable inputs used in the fair value measurement of the Corporation’s collateralized mortgage obligations and interest-only collateralized mortgage obligation (reported as “other”), which are classified in the “trading” category, are yield, constant prepayment rate, and weighted average life. S ignificant increases (decreases) in any of those inputs in isolation would result in significantly lower (higher) fair value measurement. Generally, a change in the assumption used for the constant prepayment rate will generate a directionally opposite change in the weighted average life. For example, as the average life is reduced by a higher constant prepayment rate, a lower yield will be realized, and when there is a reduction in the constant prepayment rate, the average life of these collateralized mortgage obligations will extend, thus resulting in a higher yield. The significant unobservable inputs used in the fair value measurement of the Corporation’s mortgage servicing rights are constant prepayment rates and discount rates. Increases in interest rates may result in lower prepayments. Discount rates vary according to products and / or portfolios depending on the perceived risk. Increases in discount rates result in a lower fair value measurement .

Fair value of financial instrum

Fair value of financial instruments	9 Months Ended
	Sep. 30, 2019
Fair Value Disclosures
Fair Value of Financial Instruments	Note 26 – Fair value of financial instruments The fair value of financial instruments is the amount at which an asset or obligation could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale. For those financial instruments with no quoted market prices available, fair values have been estimated using present value calculations or other valuation techniques, as well as management’s best judgment with respect to current economic conditions, including discount rates, estimates of future cash flows, and prepayment assumptions. Many of these estimates involve various assumptions and may vary significantly from amounts that could be realized in actual transactions. The fair values reflected herein have been determined based on the prevailing rate environment at September 30, 2019 and December 31, 2018, as applicable. In different interest rate environments, fair value estimates can differ significantly, especially for certain fixed rate financial instruments. In addition, the fair values presented do not attempt to estimate the value of the Corporation’s fee generating businesses and anticipated future business activities, that is, they do not represent the Corporation’s value as a going concern. There have been no changes in the Corporation’s valuation methodologies and inputs used to estimate the fair values for each class of financial assets and liabilities not measured at fair value. The following tables present the carrying amount and estimated fair values of financial instruments with their corresponding level in the fair value hierarchy. The aggregate fair value amounts of the financial instruments disclosed do not represent management’s estimate of the underlying value of the Corporation. September 30, 2019 Carrying (In thousands) amount Level 1 Level 2 Level 3 Fair value Financial Assets: Cash and due from banks $ 502,060 $ 502,060 $ - $ - $ 502,060 Money market investments 5,168,585 5,162,672 5,913 - 5,168,585 Trading account debt securities, excluding derivatives [1] 36,303 2,758 32,506 1,039 36,303 Debt securities available-for-sale [1] 16,479,110 4,487,422 11,990,479 1,209 16,479,110 Debt securities held-to-maturity: Obligations of Puerto Rico, States and political subdivisions $ 85,598 $ - $ - $ 91,808 $ 91,808 Collateralized mortgage obligation-federal agency 48 - - 50 50 Securities in wholly owned statutory business trusts 11,561 - 11,561 - 11,561 Other 500 - 499 - 499 Total debt securities held-to-maturity $ 97,707 $ - $ 12,060 $ 91,858 $ 103,918 Equity securities: FHLB stock $ 46,729 $ - $ 46,729 $ - $ 46,729 FRB stock 92,648 - 92,648 - 92,648 Other investments 21,081 - 19,778 7,296 27,074 Total equity securities $ 160,458 $ - $ 159,155 $ 7,296 $ 166,451 Loans held-for-sale $ 56,370 $ - $ - $ 57,572 $ 57,572 Loans held-in-portfolio 26,495,610 - - 24,603,515 24,603,515 Mortgage servicing rights 150,652 - - 150,652 150,652 Derivatives 15,234 - 15,234 - 15,234 September 30, 2019 Carrying (In thousands) amount Level 1 Level 2 Level 3 Fair value Financial Liabilities: Deposits: Demand deposits $ 36,370,038 $ - $ 36,370,038 $ - $ 36,370,038 Time deposits 7,796,157 - 7,648,739 - 7,648,739 Total deposits $ 44,166,195 $ - $ 44,018,777 $ - $ 44,018,777 Assets sold under agreements to repurchase $ 213,097 $ - $ 212,812 $ - $ 212,812 Notes payable: FHLB advances $ 486,785 $ - $ 496,552 $ - $ 496,552 Unsecured senior debt securities 294,990 - 322,014 - 322,014 Junior subordinated deferrable interest debentures (related to trust preferred securities) 384,895 - 406,485 - 406,485 Total notes payable $ 1,166,670 $ - $ 1,225,051 $ - $ 1,225,051 Derivatives $ 14,069 $ - $ 14,069 $ - $ 14,069 [1] Refer to Note 25 to the Consolidated Financial Statements for the fair value by class of financial asset and its hierarchy level December 31, 2018 Carrying (In thousands) amount Level 1 Level 2 Level 3 Fair value Financial Assets: Cash and due from banks $ 394,035 $ 394,035 $ - $ - $ 394,035 Money market investments 4,171,048 4,161,832 9,216 - 4,171,048 Trading account debt securities, excluding derivatives [1] 37,787 6,278 30,370 1,139 37,787 Debt securities available-for-sale [1] 13,300,184 2,719,740 10,579,211 1,233 13,300,184 Debt securities held-to-maturity: Obligations of Puerto Rico, States and political subdivisions $ 89,459 $ - $ - $ 90,534 $ 90,534 Collateralized mortgage obligation-federal agency 55 - - 58 58 Securities in wholly owned statutory business trusts 11,561 - 11,561 - 11,561 Other 500 - 500 - 500 Total debt securities held-to-maturity $ 101,575 $ - $ 12,061 $ 90,592 $ 102,653 Equity securities: FHLB stock $ 51,628 $ - $ 51,628 $ - $ 51,628 FRB stock 89,358 - 89,358 - 89,358 Other investments 14,598 - 13,296 5,539 18,835 Total equity securities $ 155,584 $ - $ 154,282 $ 5,539 $ 159,821 Loans held-for-sale $ 51,422 $ - $ - $ 52,474 $ 52,474 Loans held-in-portfolio 25,938,541 - - 23,143,027 23,143,027 Mortgage servicing rights 169,777 - - 169,777 169,777 Derivatives 13,603 - 13,603 - 13,603 December 31, 2018 Carrying (In thousands) amount Level 1 Level 2 Level 3 Fair value Financial Liabilities: Deposits: Demand deposits $ 32,093,274 $ - $ 32,093,274 $ - $ 32,093,274 Time deposits 7,616,765 - 7,392,698 - 7,392,698 Total deposits $ 39,710,039 $ - $ 39,485,972 $ - $ 39,485,972 Assets sold under agreements to repurchase $ 281,529 $ - $ 281,535 $ - $ 281,535 Other short-term borrowings [2] $ 42 $ - $ 42 $ - $ 42 Notes payable: FHLB advances $ 556,776 $ - $ 553,111 $ - $ 553,111 Unsecured senior debt 294,039 - 302,664 - 302,664 Junior subordinated deferrable interest debentures (related to trust preferred securities) 384,875 - 381,079 - 381,079 Capital lease obligations 20,412 - - 20,412 20,412 Total notes payable $ 1,256,102 $ - $ 1,236,854 $ 20,412 $ 1,257,266 Derivatives $ 12,320 $ - $ 12,320 $ - $ 12,320 [1] Refer to Note 25 to the Consolidated Financial Statements for the fair value by class of financial asset and its hierarchy level. [2] Refer to Note 17 to the Consolidated Financial Statements for the composition of other short-term borrowings. The notional amount of commitments to extend credit at September 30, 2019 and December 31, 2018 is $ 7.7 billion and $ 7.5 billion, respectively, and represents the unused portion of credit facilities granted to customers. The notional amount of letters of credit at September 30, 2019 and December 31, 2018 is $ 84 million and $ 29 million respectively, and represents the contractual amount that is required to be paid in the event of nonperformance. The fair value of commitments to extend credit and letters of credit, which are based on the fees charged to enter into those agreements, are not material to Popular’s financial statements.

Net income per common share

Net income per common share	9 Months Ended
	Sep. 30, 2019
Earnings Per Share
Net Income (Loss) Per Common Share	Note 27 – Net income per common share The following table sets forth the computation of net income per common share (“EPS”), basic and diluted, for the quarters and nine months ended September 30, 2019 and 2018: Quarters ended September 30, Nine months ended September 30, (In thousands, except per share information) 2019 2018 2019 2018 Net income $ 165,319 $ 140,648 $ 504,350 $ 511,755 Preferred stock dividends ( 930) ( 930) ( 2,792) ( 2,792) Net income applicable to common stock $ 164,389 $ 139,718 $ 501,558 $ 508,963 Average common shares outstanding 96,357,117 101,067,300 97,073,177 101,549,711 Average potential dilutive common shares 121,210 181,854 139,219 182,219 Average common shares outstanding - assuming dilution 96,478,327 101,249,154 97,212,396 101,731,930 Basic EPS $ 1.71 $ 1.38 $ 5.17 $ 5.01 Diluted EPS $ 1.70 $ 1.38 $ 5.16 $ 5.00 As disclosed in Note 19, during the quarter ended March 31, 2019, the Corporation entered into a $ 250 million accelerated share repurchase transaction (“ASR”) and, in connection therewith, received an initial delivery of 3,500,000 shares of common stock. The initial share delivery was accounted for as a treasury stock transaction. As part of this transaction, the Corporation entered into a forward contract, which remains outstanding as of September 30, 2019, for which the Corporation expects to receive additional shares upon termination of the ASR agreement. The diluted EPS computation for the quarter and nine months ended September 30, 2019 excludes 1,189,974 and 1,184,666 antidilutive shares, respectively, related to the ASR. For the quarter and nine months ended September 30, 2019, the Corporation calculated the impact of potential dilutive common shares under the treasury stock method, consistent with the method used for the preparation of the financial statements for the year ended December 31, 2018. For a discussion of the calculation under the treasury stock method, refer to Note 32 of the Consolidated Financial Statements included in the 2018 Form 10-K.

Revenue from contract with cust

Revenue from contract with customers	9 Months Ended
	Sep. 30, 2019
Revenue From Contract With Customer Abstract
Revenue From Contract With Customer Text Block	Note 28 – Revenue from contracts with customers The following table presents the Corporation’s revenue streams from contracts with customers by reportable segment for the quarters and nine months ended September 30, 2019 and 2018: Quarter ended September 30, Nine months ended September 30, (In thousands) 2019 2019 BPPR Popular U.S. BPPR Popular U.S. Service charges on deposit accounts $ 37,245 $ 3,724 $ 108,344 $ 10,933 Other service fees: Debit card fees 11,459 260 34,110 813 Insurance fees, excluding reinsurance 8,921 1,152 29,786 2,753 Credit card fees, excluding late fees and membership fees 21,901 217 61,579 656 Sale and administration of investment products 5,714 - 16,705 - Trust fees 5,277 - 15,844 - Total revenue from contracts with customers [1] $ 90,517 $ 5,353 $ 266,368 $ 15,155 [1] The amounts include intersegment transactions of $ 0.2 million and $ 2.3 million, respectively, for the quarter and nine months ended September 30, 2019. Quarter ended September 30, Nine months ended September 30, (In thousands) 2018 2018 BPPR Popular U.S. BPPR Popular U.S. Service charges on deposit accounts $ 34,869 $ 3,278 $ 101,824 $ 9,880 Other service fees: Debit card fees 10,723 261 33,543 763 Insurance fees, excluding reinsurance 8,210 1,187 24,097 2,642 Credit card fees, excluding late fees and membership fees 19,029 221 54,513 698 Sale and administration of investment products 5,696 - 16,071 - Trust fees 5,034 - 15,593 - Total revenue from contracts with customers [1] $ 83,561 $ 4,947 $ 245,641 $ 13,983 [1] The amounts include intersegment transactions of $ 0.2 million and $ 1.9 million, respectively, for the quarter and nine months ended September 30, 2018. Revenue from contracts with customers is recognized when, or as, the performance obligations are satisfied by the Corporation by transferring the promised services to the customers. A service is transferred to the customer when, or as, the customer obtains control of that service. A performance obligation may be satisfied over time or at a point in time. Revenue from a performance obligation satisfied over time is recognized based on the services that have been rendered to date. Revenue from a performance obligation satisfied at a point in time is recognized when the customer obtains control over the service. The transaction price, or the amount of revenue recognized, reflects the consideration the Corporation expects to be entitled to in exchange for those promised services. In determining the transaction price, the Corporation considers the effects of variable consideration. Variable consideration is included in the transaction price only to the extent it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur. The Corporation is the principal in a transaction if it obtains control of the specified goods or services before they are transferred to the customer. If the Corporation acts as principal, revenues are presented in the gross amount of consideration to which it expects to be entitled and are not netted with any related expenses. On the other hand, the Corporation is an agent if it does not control the specified goods or services before they are transferred to the customer. If the Corporation acts as an agent, revenues are presented in the amount of consideration to which it expects to be entitled, net of related expenses. Following is a description of the nature and timing of revenue streams from contracts with customers: Service charges on deposit accounts Service charges on deposit accounts are earned on retail and commercial deposit activities and include, but are not limited to, nonsufficient fund fees, overdraft fees and checks stop payment fees. These transaction-based fees are recognized at a point in time, upon occurrence of an activity or event or upon the occurrence of a condition which triggers the fee assessment. The Corporation is acting as principal in these transactions. Debit card fees Debit card fees include, but are not limited to, interchange fees, surcharging income and foreign transaction fees. These transaction-based fees are recognized at a point in time, upon occurrence of an activity or event or upon the occurrence of a condition which triggers the fee assessment. Interchange fees are recognized upon settlement of the debit card payment transactions. The Corporation is acting as principal in these transactions. Insurance fees Insurance fees include, but are not limited to, commissions and contingent commissions. Commissions and fees are recognized when related policies are effective since the Corporation does not have an enforceable right to payment for services completed to date. An allowance is created for expected adjustments to commissions earned related to policy cancellations. Contingent commissions are recorded on an accrual basis when the amount to be received is notified by the insurance company. The Corporation is acting as an agent since it arranges for the sale of the policies and receives commissions if, and when, it achieves the sale. Credit card fees Credit card fees include, but are not limited to, interchange fees, additional card fees, cash advance fees, balance transfer fees, foreign transaction fees, and returned payments fees. Credit card fees are recognized at a point in time, upon the occurrence of an activity or an event. Interchange fees are recognized upon settlement of the credit card payment transactions. The Corporation is acting as principal in these transactions. Sale and administration of investment products Fees from the sale and administration of investment products include, but are not limited to, commission income from the sale of investment products, asset management fees, underwriting fees, and mutual fund fees. Commission income from investment products is recognized on the trade date since clearing, trade execution, and custody services are satisfied when the customer acquires or disposes of the rights to obtain the economic benefits of the investment products and brokerage contracts have no fixed duration and are terminable at will by either party. The Corporation is acting as principal in these transactions since it performs the service of providing the customer with the ability to acquire or dispose of the rights to obtain the economic benefits of investment products. Asset management fees are satisfied over time and are recognized in arrears. At contract inception, the estimate of the asset management fee is constrained from the inclusion in the transaction price since the promised consideration is dependent on the market and thus is highly susceptible to factors outside the manager’s influence. As advisor, the broker-dealer subsidiary is acting as principal. Underwriting fees are recognized at a point in time, when the investment products are sold in the open market at a markup. When the broker-dealer subsidiary is lead underwriter, it is acting as an agent. In turn, when it is a participating underwriter, it is acting as principal. Mutual fund fees, such as distribution fees, are considered variable consideration and are recognized over time, as the uncertainty of the fees to be received is resolved as NAV is determined and investor activity occurs. The promise to provide distribution-related services is considered a single performance obligation as it requires the provision of a series of distinct services that are substantially the same and have the same pattern of transfer. When the broker-dealer subsidiary is acting as a distributor, it is acting as principal. In turn, when it acts as third-party dealer, it is acting as an agent. Trust fees Trust fees are recognized from retirement plan, mutual fund administration, investment management, trustee, escrow, and custody and safekeeping services. These asset management services are considered a single performance obligation as it requires the provision of a series of distinct services that are substantially the same and have the same pattern of transfer. The performance obligation is satisfied over time, except for optional services and certain other services that are satisfied at a point in time. Revenues are recognized in arrears, when, or as, the services are rendered. The Corporation is acting as principal since, as asset manager, it has the obligation to provide the specified service to the customer and has the ultimate discretion in establishing the fee paid by the customer for the specified services.

Leases

Leases	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Leases	Note 29 – Leases The Corporation enters in the ordinary course of business into operating and finance leases for land, buildings and equipment. These contracts generally do not include purchase options or residual value guarantees. The remaining lease terms of 0.1 to 34.3 years considers options to extend the leases for up to 20.0 years. The Corporation identifies leases when it has both the right to obtain substantially all of the economic benefits from the use of the asset and the right to direct the use of the asset. The Corporation recognizes right-of-use assets (“ROU assets”) and lease liabilities related to operating and finance leases in its Consolidated Statements of Financial Condition under the caption of other assets and other liabilities, respectively. Refer to Note 14 and Note 18, respectively, for information on the balances of these lease assets and liabilities. The Corporation uses the incremental borrowing rate for purposes of discounting lease payments for operating and finance leases, since it does not have enough information to determine the rates implicit in the leases. The discount rates are based on fixed-rate and fully amortizing borrowing facilities of its banking subsidiaries that are collateralized. For leases held by non-banking subsidiaries, a credit spread is added to this rate based on financing transactions with a similar credit risk profile. The following table presents the undiscounted cash flows of operating and finance leases for each of the following periods: (In thousands) Remaining 2019 2020 2021 2022 2023 Later Years Total Lease Payments Less: Imputed Interest Total Operating Leases $ 7,566 $ 28,034 $ 25,444 $ 21,688 $ 19,405 $ 77,693 $ 179,830 $ ( 27,409) $ 152,421 Finance Leases 739 3,003 3,093 3,187 3,284 11,186 24,492 ( 4,886) 19,606 The following table presents the lease cost recognized by the Corporation in the Consolidated Statements of Operations as follows: Quarter ended Nine months ended (In thousands) September 30,2019 September 30,2019 Finance lease cost: Amortization of ROU assets $ 422 $ 1,265 Interest on lease liabilities 296 901 Operating lease cost 7,233 23,156 Short-term lease cost 97 172 Variable lease cost 3 5 Sublease income ( 29) ( 84) Total lease cost $ 8,022 $ 25,415 Total rental expense for all operating leases, except those with terms of a month or less that were not renewed, for the quarter and nine months ended September 30, 2018 was $ 7.2 million and $ 22.2 million, respectively, which is included in net occupancy, equipment and communication expenses, according to their nature. Total amortization and interest expense for capital leases for the quarter ended September 30, 2018 was $ 0.3 million and $ 0.3 million, respectively. Total amortization and interest expense for capital leases for the nine months ended September 30, 2018 was $ 1.0 million and $ 0.8 million, respectively. The following table presents supplemental cash flow information and other related information related to operating and finance leases. Nine months ended (Dollars in thousands) September 30,2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 22,527 Operating cash flows from finance leases 906 Financing cash flows from finance leases 1,269 ROU assets obtained in exchange for new lease obligations: Operating leases $ 7,882 Weighted-average remaining lease term: Operating leases 8.6 years Finance leases 7.5 years Weighted-average discount rate: Operating leases 3.6 % Finance leases 6.0 % As of September 30, 2019, the Corporation has additional operating leases contracts that have not yet commenced with an undiscounted contract amount of $ 26 million, which will have lease terms ranging from 10 to 20 years.

FDIC loss share expense

FDIC loss share expense	9 Months Ended
	Sep. 30, 2019
Disclosure Text Block
FDIC Loss Share (Expense) Income	Note 30 – FDIC loss share income On May 22, 2018, the Corporation entered into a Termination Agreement with the FDIC to terminate all loss-share arrangements in connection with the Westernbank FDIC-assisted transaction. Refer to Note 10 for additional information of the Termination Agreement with the FDIC. The caption of FDIC loss-share income in the Consolidated Statements of Operations consists of the following major categories: Nine months ended (In thousands) September 30, 2018 Amortization $ ( 934) 80% mirror accounting on credit impairment losses 104 80% mirror accounting on reimbursable expenses 537 80% mirror accounting on recoveries on covered assets, including rental income on OREOs, subject to reimbursement to the FDIC ( 1,658) Change in true-up payment obligation ( 6,112) Gain on FDIC loss-share Termination Agreement [1] 102,752 Other 36 Total FDIC loss-share income $ 94,725 [1] Refer to Note 10 for additional information of the Termination Agreement with the FDIC.

Pension and postretirement bene

Pension and postretirement benefits	9 Months Ended
	Sep. 30, 2019
Compensation And Retirement Disclosure [Abstract]
Pension and postretirement benefits	Note 31 – Pension and postretirement benefits The Corporation has a non-contributory defined benefit pension plan and supplementary pension benefit restoration plans for regular employees of certain of its subsidiaries (the “Pension Plans”). The accrual of benefits under the Pension Plans is frozen to all participants. The Corporation also provides certain postretirement health care benefits for retired employees of certain subsidiaries (the “OPEB Plan”) The components of net periodic cost for the Pension Plans and the OPEB Plan for the periods presented were as follows: Pension Plans OPEB Plan Quarters ended September 30, Quarters ended September 30, (In thousands) 2019 2018 2019 2018 Personnel Cost: Service cost $ - $ - $ 190 $ 257 Other operating expenses: Interest cost 7,109 6,373 1,489 1,390 Expected return on plan assets ( 8,096) ( 10,060) - - Amortization of prior service cost/(credit) - - - ( 868) Amortization of net loss 5,877 5,065 - 321 Total net periodic pension cost $ 4,890 $ 1,378 $ 1,679 $ 1,100 Pension Plans OPEB Plan Nine months ended September 30, Nine months ended September 30, (In thousands) 2019 2018 2019 2018 Personnel Cost: Service cost $ - $ - $ 570 $ 771 Other operating expenses: Interest cost 21,329 19,119 4,466 4,171 Expected return on plan assets ( 24,288) ( 30,180) - - Amortization prior service cost/(credit) - - - ( 2,603) Amortization of net loss 17,629 15,195 - 962 Total net periodic pension cost $ 14,670 $ 4,134 $ 5,036 $ 3,301 The Corporation paid the following contributions to the plans during the quarter ended September 30, 2019 and expects to pay the following contributions for the year ending December 31, 2019. For the quarters ended For the year ending (In thousands) 30-Sep-19 31-Dec-19 Pension Plans $ 20,057 $ 20,229 OPEB Plan $ 1,472 $ 8,128

Stock-based compensation

Stock-based compensation	9 Months Ended
	Sep. 30, 2019
Disclosure Text Block
Stock-based Compensation	Note 32 - Stock-based compensation Incentive Plan The Popular, Inc. 2004 Omnibus Incentive Plan (the “Incentive Plan”) permits the issuance of several types of stock based compensation for employees and directors of the Corporation and/or any of its subsidiaries. Participants in the Incentive Plan are designated by the Compensation Committee of the Board of Directors (or its delegate as determined by the Board). Under the Incentive Plan, the Corporation has issued restricted stock and performance shares for its employees and restricted stock and restricted stock units (“RSU”) to its directors. The restricted shares for employees, will become vested based on the employees’ continued service with Popular. Unless otherwise stated in an agreement, the compensation cost associated with the shares of restricted stock is determined based on a two-prong vesting schedule. The first part is vested ratably over five years commencing at the date of grant (the “graduated vesting portion”) and the second part is vested at termination of employment after attainment of 55 years of age and 10 years of service (the “retirement vesting portion”). The graduated vesting portion is accelerated at termination of employment after attaining 55 years of age and 10 years of service. The vesting schedule for restricted shares granted on or after 2014 was modified as follows, the first part is vested ratably over four years commencing at the date of the grant (the “graduated vesting portion”) and the second part is vested at termination of employment after attainment of the earlier of 55 years of age and 10 years of service or 60 years of age and 5 years of service (the “retirement vesting portion”). The graduated vesting portion is accelerated at termination of employment after attaining the earlier of 55 years of age and 10 years of service or 60 years of age and 5 years of service. The performance share awards consist of the opportunity to receive shares of Popular, Inc.’s common stock provided that the Corporation achieves certain goals during a three-year performance cycle. The goals will be based on two metrics weighted equally: the Relative Total Shareholder Return (“TSR”) and the Absolute Earnings per Share (“EPS”) goals. The TSR metric is considered to be a market condition under ASC 718. For equity settled awards based on a market condition, the fair value is determined as of the grant date and is not subsequently revised based on actual performance. The EPS performance metric is considered to be a performance condition under ASC 718. The fair value is determined based on the probability of achieving the EPS goal as of each reporting period. The TSR and EPS metrics are equally weighted and work independently. The number of shares that will ultimately vest ranges from 50% to a 150% of target based on both market (TSR) and performance (EPS) conditions. The performance shares vest at the end of the three-year performance cycle. If a participant terminates employment after attaining the earlier of 55 years of age and 10 years of service or 60 years of age and 5 years of service, the performance shares shall continue outstanding and vest at the end of the performance cycle. The following table summarizes the restricted stock and performance shares activity under the Incentive Plan for members of management. (Not in thousands) Shares Weighted-Average Grant Date Fair Value Non-vested at December 31, 2017 295,340 $ 30.75 Granted 239,062 45.81 Performance Shares Quantity Adjustment 234,076 33.09 Vested ( 372,271) 35.83 Forfeited ( 14,021) 37.35 Non-vested at December 31, 2018 382,186 $ 36.41 Granted 218,169 55.55 Performance Shares Quantity Adjustment 22,973 55.51 Vested ( 275,727) 44.97 Non-vested at September 30, 2019 347,601 $ 41.77 During the quarter ended September 30, 2019, 619 shares of restricted stock (September 30, 2018 – 8,395) were awarded to management under the Incentive Plan. During the quarters ended September 30, 2019 and 2018, no 152,773 shares of restricted stock (September 30, 2018 – 163,701) and 65,396 performance shares ( September 30, 2018 - 72,414) were awarded to management under the incentive plan. During the quarter ended September 30, 2019, the Corporation recognized $ 1.0 million of restricted stock expense related to management incentive awards, with a tax benefit of $ 0.2 million (September 30, 2018 - $ 1.1 million, with a tax benefit of $ 0.2 million). For the nine months ended September 30, 2019, the Corporation recognized $ 6.8 million of restricted stock expense related to management incentive awards, with a tax benefit of $ 1.1 million (September 30, 2018 - $ 5.9 million, with a tax benefit of $ 0.9 million). For the nine months ended September 30, 2019, the fair market value of the restricted stock and performance shares vested was $ 13.7 million at grant date and $ 18.9 million at vesting date. This triggers a windfall of $ 1.9 million that was recorded as a reduction on income tax expense. During the quarter ended September 30, 2019 the Corporation recognized $ 0.4 million of performance shares expense, with a tax benefit of $ 23 thousand (September 30, 2018 - $ 0.6 million, with a tax benefit of $ 12 thousand) . For the nine months ended September 30, 2019, the Corporation recognized $ 4.3 million of performance shares expense, with a tax benefit of $ 0.3 million (September 30, 2018 - $ 3.8 million, with a tax benefit of $ 0.3 million) . The total unrecognized compensation cost related to non-vested restricted stock awards and performance shares to members of management at September 30, 2019 was $ 9.2 million and is expected to be recognized over a weighted-average period of 2.5 years. The following table summarizes the restricted stock activity under the Incentive Plan for members of the Board of Directors: (Not in thousands) Restricted Stock shares Weighted-Average Grant Date Fair Value per Share Restricted Stock units Weighted-Average Grant Date Fair Value per Unit Non-vested at December 31, 2017 - $ - - $ - Granted 25,159 46.71 - - Vested ( 25,159) 46.71 - - Forfeited - - - - Non-vested at December 31, 2018 - $ - - $ - Granted 1,052 49.25 27,449 57.64 Vested ( 1,052) 49.25 ( 27,449) 57.64 Forfeited - - - - Non-vested at September 30, 2019 - $ - - $ - Effective on May 2019, all equity awards granted to the directors may be paid in either restricted stocks or RSU, at the directors’ election. For the year 2019, all directors elected RSU. The directors’ equity awards will vest and become non-forfeitable on the grant date of such award. At the director’s option, the shares of common stocks underlying the RSU award shall be delivered to the director after its retirement, either on a fix date or in annual installments. To the extent that cash dividends are paid on the Corporation’s outstanding common stocks, the director will receive an additional number of RSU that reflect reinvested dividend equivalent. During the quarter ended September 30, 2019, no 2,765) and 1,989 RSUs were granted to members of the Board of Directors of Popular, Inc. During this period, the Corporation did no 0.1 million, with a tax benefit of $ 16 thousand), and the expense related to these RSUs was of $ 0.1 million. For the nine months ended September 30, 2019, the Corporation granted 1,052 shares of restricted stock to members of the Board of Directors of Popular, Inc., which became vested at grant date (September 30, 2018 – 25,159) and 27,449 RSU to members of the Board of Directors of Popular, Inc., which became vested at grant date. During this period, the Corporation recognized $ 52 thousand of restricted stock expense related to these restricted stock shares, with a tax benefit of $ 6 thousand (September 30, 2018 - $ 1.6 million, with a tax benefit of $ 0.2 million) and $ 1.5 million of restricted stock expense related to these RSU, with a tax benefit of $ 0.2 million. The fair value at vesting date of the restricted stock shares and RSU vested during the nine months ended September 30, 2019 for directors was $ 52 thousand and $ 1.5 million respectively.

Income taxes

Income taxes	9 Months Ended
	Sep. 30, 2019
Income Tax Disclosure
Income Taxes	Note 33 – Income taxes The reason for the difference between the income tax expense applicable to income before provision for income taxes and the amount computed by applying the statutory tax rate in Puerto Rico, were as follows: Quarters ended September 30, 2019 September 30, 2018 (In thousands) Amount % of pre-tax income Amount % of pre-tax income Computed income tax expense at statutory rates $ 77,508 38 % $ 71,240 39 % Net benefit of tax exempt interest income ( 38,103) ( 18) ( 24,941) ( 14) Deferred tax asset valuation allowance 3,170 1 5,606 3 Difference in tax rates due to multiple jurisdictions ( 4,233) ( 2) ( 5,203) ( 3) Effect of income subject to preferential tax rate ( 2,243) ( 1) ( 2,031) ( 1) Unrecognized tax benefits - - ( 1,621) ( 1) State and local taxes 2,180 1 3,115 2 Others 3,091 1 ( 4,147) ( 2) Income tax (benefit) expense $ 41,370 20 % $ 42,018 23 % Nine months ended September 30, 2019 September 30, 2018 (In thousands) Amount % of pre-tax income Amount % of pre-tax income Computed income tax expense at statutory rates $ 238,602 38 % $ 213,474 39 % Net benefit of tax exempt interest income ( 95,986) ( 15) ( 70,341) ( 13) Deferred tax asset valuation allowance 9,915 2 17,018 3 Difference in tax rates due to multiple jurisdictions ( 9,851) ( 2) ( 10,400) ( 2) Effect of income subject to preferential tax rate [1] ( 7,458) ( 1) ( 108,087) ( 20) Unrecognized tax benefits - - ( 1,621) - State and local taxes 5,535 1 6,196 1 Others ( 8,834) ( 2) ( 10,626) ( 2) Income tax (benefit) expense $ 131,923 21 % $ 35,613 6 % [1] For the nine months ended September 30, 2018, includes the impact of the Tax Closing Agreement entered into in connection with the FDIC Transaction. Income tax expense of $ 35.6 million for the nine months ended September 30, 2018, reflects the impact of the Termination Agreement with the FDIC. As result of the termination Agreement the Corporation recognized an additional income tax expense of $ 49.8 million associated with the “deemed sale” incremental tax liability at the capital gains rate per the Tax Closing Agreement entered between the Puerto Rico Department of the Treasury and the Corporation. In addition, the Corporation recognized an income tax benefit of $ 158.7 million related to the increase in deferred tax assets due to increase in the tax basis of the loans as a result of the “deemed sale” for a net tax benefit of $ 108.9 million. Also, the Corporation recorded an income tax expense of $ 45.0 million related to the gain resulting from the Termination Agreement, mainly related to the reversal of net deferred tax liability of the true-up payment obligation and the FDIC Loss Share Asset. Effective for taxable years beginning after December 31, 2018, Act No. 257 of 2018, which amended the Puerto Rico Internal Revenue Code, reduced the Puerto Rico corporate income tax rate from 39% to 37.5%. The following table presents a breakdown of the significant components of the Corporation’s deferred tax assets and liabilities. September 30, 2019 (In thousands) PR US Total Deferred tax assets: Tax credits available for carryforward $ 16,442 $ 7,757 $ 24,199 Net operating loss and other carryforward available 128,899 711,507 840,406 Postretirement and pension benefits 74,833 - 74,833 Allowance for loan losses 425,855 18,680 444,535 Deferred gains - 2,443 2,443 Accelerated depreciation 1,963 5,626 7,589 FDIC-assisted transaction 85,609 - 85,609 Intercompany deferred gains 1,377 - 1,377 Difference in outside basis from pass-through entities 18,570 - 18,570 Other temporary differences 28,722 8,189 36,911 Total gross deferred tax assets 782,270 754,202 1,536,472 Deferred tax liabilities: Indefinite-lived intangibles 36,578 43,164 79,742 Unrealized net gain (loss) on trading and available-for-sale securities 40,840 1,029 41,869 Deferred loan origination costs ( 2,741) 3,027 286 Other temporary differences 12,432 1,109 13,541 Total gross deferred tax liabilities 87,109 48,329 135,438 Valuation allowance 99,766 392,643 492,409 Net deferred tax asset $ 595,395 $ 313,230 $ 908,625 December 31, 2018 (In thousands) PR US Total Deferred tax assets: Tax credits available for carryforward $ 15,900 $ 7,757 $ 23,657 Net operating loss and other carryforward available 116,154 720,933 837,087 Postretirement and pension benefits 83,390 - 83,390 Deferred loan origination fees 3,216 ( 1,280) 1,936 Allowance for loan losses 516,643 18,612 535,255 Deferred gains - 2,551 2,551 Accelerated depreciation 1,963 5,786 7,749 FDIC-assisted transaction 95,851 - 95,851 Intercompany deferred gains 1,518 - 1,518 Difference in outside basis from pass-through entities 20,209 - 20,209 Other temporary differences 24,957 7,522 32,479 Total gross deferred tax assets 879,801 761,881 1,641,682 Deferred tax liabilities: Indefinite-lived intangibles 34,081 39,597 73,678 Unrealized net gain (loss) on trading and available-for-sale securities 23,823 ( 12,783) 11,040 Other temporary differences 10,579 1,109 11,688 Total gross deferred tax liabilities 68,483 27,923 96,406 Valuation allowance 89,852 406,455 496,307 Net deferred tax asset $ 721,466 $ 327,503 $ 1,048,969 The net deferred tax asset shown in the table above at September 30, 2019 is reflected in the consolidated statements of financial condition as $ 0.9 billion in net deferred tax assets in the “Other assets” caption (December 31, 2018 - $ 1.0 billion) and $ 1.0 million in deferred tax liabilities in the “Other liabilities” caption (December 31, 2018 - $ 926 thousand), reflecting the aggregate deferred tax assets or liabilities of individual tax-paying subsidiaries of the Corporation in their respective tax jurisdiction, Puerto Rico or the United States. A deferred tax asset should be reduced by a valuation allowance if based on the weight of all available evidence, it is more likely than not (a likelihood of more than 50%) that some portion or the entire deferred tax asset will not be realized. The valuation allowance should be sufficient to reduce the deferred tax asset to the amount that is more likely than not to be realized. The determination of whether a deferred tax asset is realizable is based on weighting all available evidence, including both positive and negative evidence. The realization of deferred tax assets, including carryforwards and deductible temporary differences, depends upon the existence of sufficient taxable income of the same character during the carryback or carryforward period. The analysis considers all sources of taxable income available to realize the deferred tax asset, including the future reversal of existing taxable temporary differences, future taxable income exclusive of reversing temporary differences and carryforwards, taxable income in prior carryback years and tax-planning strategies. At September 30, 2019 the net deferred tax asset of the U.S. operations amounted to $ 706 million with a valuation allowance of approximately $ 393 million, for a net deferred tax asset of approximately $ 313 million. As of September 30, 2019, management estimated that the U.S. operations would earn enough pre-tax Income during the carryover period to realize the total amount of net deferred tax asset after valuation allowance. After weighting all available positive and negative evidence, management concluded that is more likely than not that a portion of the deferred tax asset from the U.S. operation, amounting to approximately $ 313 million, will be realized. Management will continue to evaluate the realization of the deferred tax asset each quarter and adjust as any changes arises. At September 30, 2019, the Corporation’s net deferred tax assets related to its Puerto Rico operations amounted to $ 595 million. The Corporation’s Puerto Rico Banking operation is not in a cumulative three year loss position and has sustained profitability for the three year period ended September 30, 2019. This is considered a strong piece of objectively verifiable positive evidence that outweights any negative evidence considered by management in the evaluation of the realization of the deferred tax asset. Based on this evidence and management’s estimate of future taxable income, the Corporation has concluded that it is more likely than not that such net deferred tax asset of the Puerto Rico Banking operations will be realized. The Popular, Inc., holding company (“PIHC”) operation is in a cumulative loss position taking into account taxable income exclusive of reversing temporary differences, for the three year period ended September 30, 2019. Management expects these losses will be a trend in future years. This objectively verifiable negative evidence is considered by management as strong negative evidence that will suggest that income in future years will be insufficient to support the realization of all deferred tax asset. After weighting of all positive and negative evidence management concluded, as of the reporting date, that it is more likely than not that the PIHC will not be able to realize any portion of the deferred tax assets, considering the criteria of ASC Topic 740. Accordingly, a valuation allowance is recorded on the deferred tax asset at the PIHC, which amounted to $ 99.8 million as of September 30, 2019. The reconciliation of unrecognized tax benefits, excluding interest, was as follows: (In millions) 2019 2018 Balance at January 1 $ 7.2 $ 7.3 Additions for tax positions - January through March 0.3 0.2 Balance at March 31 $ 7.5 $ 7.5 Additions for tax positions - April through June 0.2 0.3 Balance at June 30 $ 7.7 $ 7.8 Additions for tax positions - July through September - 0.3 Reduction as a result of lapse of statute of limitations - July through September - ( 1.2) Balance at September 30 $ 7.7 $ 6.9 At September 30, 2019, the total amount of accrued interest recognized in the statement of financial condition approximated $ 3.1 million (December 31, 2018 - $ 2.8 million). The total interest expense recognized at September 30, 2019 was $ 317 thousand (September 30, 2018 - $ 477 thousand). Management determined that at September 30, 2019 and December 31, 2018 there was no need to accrue for the payment of penalties. The Corporation’s policy is to report interest related to unrecognized tax benefits in income tax expense, while the penalties, if any, are reported in other operating expenses in the consolidated statements of operations. After consideration of the effect on U.S. federal tax of unrecognized U.S. state tax benefits, the total amount of unrecognized tax benefits, including U.S. and Puerto Rico, that if recognized, would affect the Corporation’s effective tax rate, was approximately $ 10.1 million at September 30, 2019 (December 31, 2018 - $ 9.0 million). The amount of unrecognized tax benefits may increase or decrease in the future for various reasons including adding amounts for current tax year positions, expiration of open income tax returns due to the statutes of limitation, changes in management’s judgment about the level of uncertainty, status of examinations, litigation and legislative activity and the addition or elimination of uncertain tax positions. The Corporation and its subsidiaries file income tax returns in Puerto Rico, the federal jurisdiction, various states and political subdivisions, and foreign jurisdictions. At September 30, 2019 , the following years remain subject to examination in the U.S. Federal jurisdiction: 2015 and thereafter; and in the Puerto Rico jurisdiction, 2014 and thereafter. The Corporation anticipates a reduction in the total amount of unrecognized tax benefits within the next 12 months, which could amount to approximately $ 3.2 million.

Supplemental disclosure on the

Supplemental disclosure on the consolidated statements of cash flows	9 Months Ended
	Sep. 30, 2019
Supplemental Cash Flow Information
Supplemental Disclosure on the Consolidated Statements of Cash Flows	Note 34 – Supplemental disclosure on the consolidated statements of cash flows Additional disclosures on cash flow information and non-cash activities for the nine months ended September 30, 2019 and September 30, 2018 are listed in the following table: (In thousands) September 30, 2019 September 30, 2018 Non-cash activities: Loans transferred to other real estate $ 44,575 $ 23,188 Loans transferred to other property 40,384 30,973 Total loans transferred to foreclosed assets 84,959 54,161 Loans transferred to other assets 14,174 11,218 Financed sales of other real estate assets 11,710 11,962 Financed sales of other foreclosed assets 22,047 12,347 Total financed sales of foreclosed assets 33,757 24,309 Transfers from loans held-for-sale to loans held-in-portfolio 7,735 20,063 Loans securitized into investment securities [1] 331,112 392,080 Trades receivable from brokers and counterparties 66,389 57,290 Trades payable to brokers and counterparties 26,782 22,244 Receivables from investments maturities - 19,000 Recognition of mortgage servicing rights on securitizations or asset transfers 6,728 7,871 Interest capitalized on loans subject to the temporary payment moratorium - 481 Loans booked under the GNMA buy-back option 52,711 380,329 Capitalization of lease right of use asset 169,123 - Gain from the FDIC Termination Agreement - 102,752 Payable to Wells Fargo related to auto finance business acquisition - 13,193 [1] Includes loans securitized into trading securities and subsequently sold before quarter end. The following table provides a reconciliation of cash and due from banks, and restricted cash reported within the Consolidated Statement of Financial Condition that sum to the total of the same such amounts shown in the Consolidated Statement of Cash Flows. (In thousands) September 30, 2019 September 30, 2018 Cash and due from banks $ 476,815 $ 378,468 Restricted cash and due from banks 25,245 22,481 Restricted cash in money market investments 5,913 11,234 Total cash and due from banks, and restricted cash [2] $ 507,973 $ 412,183 [2] Refer to Note 5 - Restrictions on cash and due from banks and certain securities for nature of restrictions.

Segment Reporting

Segment Reporting	9 Months Ended
	Sep. 30, 2019
Disclosure Text Block
Segment Reporting	Note 35 – Segment reporting The Corporation’s corporate structure consists of two reportable segments – Banco Popular de Puerto Rico and Popular U.S. Management determined the reportable segments based on the internal reporting used to evaluate performance and to assess where to allocate resources. The segments were determined based on the organizational structure, which focuses primarily on the markets the segments serve, as well as on the products and services offered by the segments. Banco Popular de Puerto Rico: Given that Banco Popular de Puerto Rico constitutes a significant portion of the Corporation’s results of operations and total assets at September 30, 2019, additional disclosures are provided for the business areas included in this reportable segment, as described below: Commercial banking represents the Corporation’s banking operations conducted at BPPR, which are targeted mainly to corporate, small and middle size businesses. It includes aspects of the lending and depository businesses, as well as other finance and advisory services. BPPR allocates funds across business areas based on duration matched transfer pricing at market rates. This area also incorporates income related with the investment of excess funds, as well as a proportionate share of the investment function of BPPR. Consumer and retail banking represents the branch banking operations of BPPR which focus on retail clients. It includes the consumer lending business operations of BPPR, as well as the lending operations of Popular Auto and Popular Mortgage. Popular Auto focuses on auto and lease financing, while Popular Mortgage focuses principally on residential mortgage loan originations. During 2018, the Reliable brand was transferred to Popular, Inc. and is being used by Popular Auto. The consumer and retail banking area also incorporates income related with the investment of excess funds from the branch network, as well as a proportionate share of the investment function of BPPR. Other financial services include the trust and asset management service units of BPPR, the brokerage and investment banking operations of Popular Securities, and the insurance agency and reinsurance businesses of Popular Insurance, Popular Insurance V.I., Popular Risk Services, and Popular Life Re. Most of the services that are provided by these subsidiaries generate profits based on fee income. Popular Insurance V.I. was dissolved on December 31, 2018. Popular U.S.: Popular U.S. reportable segment consists of the banking operations of Popular Bank (PB) and Popular Insurance Agency, U.S.A. PB operates through a retail branch network in the U.S. mainland under the name of Popular. Popular Insurance Agency, U.S.A. offers investment and insurance services across the PB branch network. The Corporate group consists primarily of the holding companies Popular, Inc., Popular North America, Popular International Bank and certain of the Corporation’s investments accounted for under the equity method, including EVERTEC and Centro Financiero BHD, León. The accounting policies of the individual operating segments are the same as those of the Corporation. Transactions between reportable segments are primarily conducted at market rates, resulting in profits that are eliminated for reporting consolidated results of operations. Effective on January 1, 2019, the Corporation’s management changed the measurement basis for its reportable segments. Historically, for management reporting purposes, the Corporation had reversed the effect of the intercompany billings from Popular Inc., holding company, to its subsidiaries for certain services or expenses incurred on their behalf. In addition, the Corporation used to reflect an income tax expense allocation for several of its subsidiaries which are Limited Liability Companies (“LLCs”) and had made an election to be treated as a pass through entities for income tax purposes. The Corporation’s management has determined to discontinue making these adjustments, effective on January 1, 2019, for purposes of its management and reportable segment reporting. The Corporation reflected these changes in the measurement of the reportable segments’ results prospectively beginning on January 1, 2019. For the quarter ended September 30, 2018, the intercompany billings from Popular, Inc. to the Banco Popular de Puerto Rico and Popular U.S. reportable segments amounted to $ 21.8 million and $ 3.3 million, respectively. For the nine months ended September 30, 2018, the intercompany billings from Popular, Inc to the Banco Popular de Puerto Rico and Popular U.S. reportable segments amounted to $ 59.3 million and $ 9.5 million, respectively. The tables that follow present the results of operations and total assets by reportable segments: 2019 For the quarter ended September 30, 2019 Banco Popular Intersegment (In thousands) de Puerto Rico Popular U.S. Eliminations Net interest income $ 412,182 $ 74,391 $ 4 Provision for loan losses 34,481 2,060 - Non-interest income 124,868 5,953 ( 140) Amortization of intangibles 2,208 167 - Depreciation expense 11,972 2,046 - Other operating expenses 309,815 51,616 ( 136) Income tax expense 35,286 6,216 - Net income $ 143,288 $ 18,239 $ - Segment assets $ 42,080,292 $ 10,095,526 $ ( 14,414) For the quarter ended September 30, 2019 Reportable (In thousands) Segments Corporate Eliminations Total Popular, Inc. Net interest income (expense) $ 486,577 $ ( 9,586) $ - $ 476,991 Provision for loan losses 36,541 ( 2) - 36,539 Non-interest income 130,681 12,137 ( 106) 142,712 Amortization of intangibles 2,375 24 - 2,399 Depreciation expense 14,018 186 - 14,204 Other operating expenses 361,295 ( 647) ( 776) 359,872 Income tax expense (benefit) 41,502 ( 392) 260 41,370 Net income (loss) $ 161,527 $ 3,382 $ 410 $ 165,319 Segment assets $ 52,161,404 $ 5,134,608 $ ( 4,815,597) $ 52,480,415 For the nine months ended September 30, 2019 Banco Popular Intersegment (In thousands) de Puerto Rico Popular U.S. Eliminations Net interest income $ 1,231,088 $ 221,856 $ ( 53) Provision for loan losses 94,651 23,647 - Non-interest income 369,026 17,309 ( 421) Amortization of intangibles 6,510 499 - Depreciation expense 36,154 6,215 - Other operating expenses 887,941 151,966 ( 409) Income tax expense 117,413 15,528 - Net income $ 457,445 $ 41,310 $ ( 65) Segment assets $ 42,080,292 $ 10,095,526 $ ( 14,414) For the nine months ended September 30, 2019 Reportable (In thousands) Segments Corporate Eliminations Total Popular, Inc. Net interest income (expense) $ 1,452,891 $ ( 28,621) $ - $ 1,424,270 Provision for loan losses 118,298 257 - 118,555 Non-interest income 385,914 33,537 ( 1,983) 417,468 Amortization of intangibles 7,009 73 - 7,082 Depreciation expense 42,369 559 - 42,928 Other operating expenses 1,039,498 ( 233) ( 2,365) 1,036,900 Income tax expense (benefit) 132,941 ( 1,158) 140 131,923 Net income $ 498,690 $ 5,418 $ 242 $ 504,350 Segment assets $ 52,161,404 $ 5,134,608 $ ( 4,815,597) $ 52,480,415 2018 For the quarter ended September 30, 2018 Banco Popular Intersegment (In thousands) de Puerto Rico Popular U.S. Eliminations Net interest income $ 388,533 $ 76,184 $ 3 Provision for loan losses 51,911 2,510 - Non-interest income 135,762 5,530 ( 141) Amortization of intangibles 2,157 167 - Depreciation expense 11,135 2,185 - Other operating expenses 282,124 44,279 ( 136) Income tax expense 39,421 10,439 - Net income $ 137,547 $ 22,134 $ ( 2) Segment assets $ 38,338,571 $ 9,388,787 $ ( 112,222) For the quarter ended September 30, 2018 Reportable (In thousands) Segments Corporate Eliminations Total Popular, Inc. Net interest income (expense) $ 464,720 $ ( 13,251) $ - $ 451,469 Provision (reversal) for loan losses 54,421 ( 34) - 54,387 Non-interest income 141,151 9,960 ( 90) 151,021 Amortization of intangibles 2,324 - - 2,324 Depreciation expense 13,320 188 - 13,508 Other operating expenses 326,267 23,995 ( 657) 349,605 Income tax expense (benefit) 49,860 ( 8,070) 228 42,018 Net income (loss) $ 159,679 $ ( 19,370) $ 339 $ 140,648 Segment assets $ 47,615,136 $ 5,478,884 $ ( 5,174,592) $ 47,919,428 For the nine months ended September 30, 2018 Banco Popular Intersegment (In thousands) de Puerto Rico Popular U.S. Eliminations Net interest income $ 1,073,522 $ 226,654 $ 5 Provision for loan losses 154,805 30,774 - Non-interest income 452,577 15,010 ( 420) Amortization of intangibles 6,474 499 - Depreciation expense 32,069 6,466 - Other operating expenses 777,574 135,305 ( 409) Income tax expense 41,088 15,759 - Net income $ 514,089 $ 52,861 $ ( 6) Segment assets $ 38,338,571 $ 9,388,787 $ ( 112,222) For the nine months ended September 30, 2018 Reportable (In thousands) Segments Corporate Eliminations Total Popular, Inc. Net interest income (expense) $ 1,300,181 $ ( 41,529) $ - $ 1,258,652 Provision (reversal) for loan losses 185,579 ( 75) - 185,504 Non-interest income 467,167 33,698 ( 1,538) 499,327 Amortization of intangibles 6,973 - - 6,973 Depreciation expense 38,535 548 - 39,083 Other operating expenses 912,470 68,766 ( 2,185) 979,051 Income tax expense (benefit) 56,847 ( 21,505) 271 35,613 Net income (loss) $ 566,944 $ ( 55,565) $ 376 $ 511,755 Segment assets $ 47,615,136 $ 5,478,884 $ ( 5,174,592) $ 47,919,428 Additional disclosures with respect to the Banco Popular de Puerto Rico reportable segment are as follows: 2019 For the quarter ended September 30, 2019 Banco Popular de Puerto Rico Consumer Other Total Banco Commercial and Retail Financial Popular de (In thousands) Banking Banking Services Eliminations Puerto Rico Net interest income $ 160,038 $ 250,944 $ 1,212 $ ( 12) $ 412,182 Provision (reversal) for loan losses ( 23,619) 58,100 - - 34,481 Non-interest income 25,196 75,854 24,545 ( 727) 124,868 Amortization of intangibles 50 1,072 1,086 - 2,208 Depreciation expense 5,064 6,753 155 - 11,972 Other operating expenses 82,817 210,753 16,986 ( 741) 309,815 Income tax expense 29,340 2,649 3,297 - 35,286 Net income $ 91,582 $ 47,471 $ 4,233 $ 2 $ 143,288 Segment assets $ 35,590,229 $ 23,714,260 $ 379,126 $ ( 17,603,323) $ 42,080,292 For the nine months ended September 30, 2019 Banco Popular de Puerto Rico Consumer Other Total Banco Commercial and Retail Financial Popular de (In thousands) Banking Banking Services Eliminations Puerto Rico Net interest income $ 464,441 $ 762,913 $ 3,857 $ ( 123) $ 1,231,088 Provision (reversal) for loan losses ( 22,756) 117,407 - - 94,651 Non-interest income 74,481 220,064 76,733 ( 2,252) 369,026 Amortization of intangibles 147 3,218 3,145 - 6,510 Depreciation expense 14,615 21,071 468 - 36,154 Other operating expenses 229,767 611,348 49,076 ( 2,250) 887,941 Income tax expense 88,353 19,878 9,182 - 117,413 Net income $ 228,796 $ 210,055 $ 18,719 $ ( 125) $ 457,445 Segment assets $ 35,590,229 $ 23,714,260 $ 379,126 $ ( 17,603,323) $ 42,080,292 2018 For the quarter ended September 30, 2018 Banco Popular de Puerto Rico Consumer Other Eliminations Total Banco Commercial and Retail Financial and Other Popular de (In thousands) Banking Banking Services Adjustments [1] Puerto Rico Net interest income $ 145,397 $ 241,920 $ 1,232 $ ( 16) $ 388,533 Provision for loan losses 25,580 26,331 - - 51,911 Non-interest income 23,630 88,866 23,663 ( 397) 135,762 Amortization of intangibles 50 1,069 1,038 - 2,157 Depreciation expense 4,697 6,287 151 - 11,135 Other operating expenses 78,628 183,626 20,279 ( 409) 282,124 Income tax expense 11,068 27,436 917 - 39,421 Net income $ 49,004 $ 86,037 $ 2,510 $ ( 4) $ 137,547 Segment assets $ 28,247,478 $ 22,672,941 $ 336,311 $ ( 12,918,159) $ 38,338,571 For the nine months ended September 30, 2018 Banco Popular de Puerto Rico Consumer Other Eliminations Total Banco Commercial and Retail Financial and Other Popular de (In thousands) Banking Banking Services Adjustments [1] Puerto Rico Net interest income $ 430,341 $ 639,149 $ 4,066 $ ( 34) $ 1,073,522 Provision for loan losses 56,027 98,778 - - 154,805 Non-interest income 60,122 220,690 69,876 101,889 452,577 Amortization of intangibles 153 3,209 3,112 - 6,474 Depreciation expense 13,327 18,284 458 - 32,069 Other operating expenses 199,528 518,147 52,679 7,220 777,574 Income tax expense 52,640 46,625 5,711 ( 63,888) 41,088 Net income $ 168,788 $ 174,796 $ 11,982 $ 158,523 $ 514,089 Segment assets $ 28,247,478 $ 22,672,941 $ 336,311 $ ( 12,918,159) $ 38,338,571 [1] Includes the impact of the Termination Agreement with the FDIC and the Tax Closing Agreement entered into in connection with the FDIC transaction. These transactions resulted in a gain of $ 102.8 million reported in the non-interest income line, other operating expenses of $ 8.1 million and a net tax benefit of $ 63.9 million. Refer to Notes 10 and 33 to the Consolidated Financial Statements for additional information. Geographic Information Quarter ended Nine months ended (In thousands) September 30, 2019 September 30, 2018 September 30, 2019 September 30, 2018 Revenues: [1] Puerto Rico $ 505,608 $ 493,512 $ 1,507,386 $ 1,435,099 United States 94,510 90,659 278,330 264,232 Other 19,585 18,319 56,022 58,648 Total consolidated revenues $ 619,703 $ 602,490 $ 1,841,738 $ 1,757,979 [1] Total revenues include net interest income, service charges on deposit accounts, other service fees, mortgage banking activities, net gain (loss), including impairment on equity securities, net profit (loss) on trading account debt securities, indemnity reserves on loans sold expense, FDIC loss-share income and other operating income. Selected Balance Sheet Information: (In thousands) September 30, 2019 December 31, 2018 Puerto Rico Total assets $ 40,883,975 $ 36,863,930 Loans 18,752,442 18,837,742 Deposits 35,110,213 31,237,529 United States Total assets $ 10,716,967 $ 9,847,944 Loans 7,649,658 7,034,075 Deposits 7,676,409 6,878,599 Other Total assets $ 879,473 $ 892,703 Loans 662,245 687,494 Deposits [1] 1,379,573 1,593,911 [1] Represents deposits from BPPR operations located in the U.S. and British Virgin Islands.

Condensed consolidating financi

Condensed consolidating financial information of guarantor and issuers of registered guaranteed securities	9 Months Ended
	Sep. 30, 2019
Disclosure Text Block
Condensed Consolidating Financial Information of Guarantor and Issuers of Registeres Guranteed Securities	Note 36 – Condensed consolidating financial information of guarantor and issuers of registered guaranteed securities The following condensed consolidating financial information presents the financial position of Popular, Inc. Holding Company (“PIHC”) (parent only), Popular North America, Inc. (“PNA”) and all other subsidiaries of the Corporation at September 30, 2019 and December 31, 2018, and the results of their operations and cash flows for periods ended September 30, 2019 and 2018. PNA is an operating, 100% owned subsidiary of PIHC and is the holding company of its wholly-owned subsidiaries: Equity One, Inc. and Popular Bank (“PB”), including PB’s wholly-owned subsidiaries Popular Equipment Finance, Inc., Popular Insurance Agency, U.S.A., and E-LOAN, Inc. PIHC fully and unconditionally guarantees, joint and severally, all registered debt securities issued by PNA. Condensed Consolidating Statement of Financial Condition (Unaudited) At September 30, 2019 All other Popular Inc. PNA subsidiaries and Elimination Popular, Inc. (In thousands) Holding Co. Holding Co. eliminations entries Consolidated Assets: Cash and due from banks $ 114,897 $ - $ 502,058 $ ( 114,895) $ 502,060 Money market investments 141,513 12,657 5,168,072 ( 153,657) 5,168,585 Trading account debt securities, at fair value - - 36,303 - 36,303 Debt securities available-for-sale, at fair value - - 16,479,110 - 16,479,110 Debt securities held-to-maturity, at amortized cost 8,726 2,835 86,146 - 97,707 Equity securities 9,918 20 150,702 ( 182) 160,458 Investment in subsidiaries 6,150,826 1,794,752 - ( 7,945,578) - Loans held-for-sale, at lower of cost or fair value - - 56,370 - 56,370 Loans held-in-portfolio 32,163 - 27,143,123 5,955 27,181,241 Less - Unearned income - - 173,266 - 173,266 Allowance for loan losses 412 - 511,953 - 512,365 Total loans held-in-portfolio, net 31,751 - 26,457,904 5,955 26,495,610 Premises and equipment, net 3,583 - 543,480 - 547,063 Other real estate 146 - 117,782 - 117,928 Accrued income receivable 277 17 164,596 ( 112) 164,778 Mortgage servicing assets, at fair value - - 150,652 - 150,652 Other assets 91,858 24,432 1,713,547 ( 18,647) 1,811,190 Goodwill - - 671,123 ( 1) 671,122 Other intangible assets 6,488 - 14,991 - 21,479 Total assets $ 6,559,983 $ 1,834,713 $ 52,312,836 $ ( 8,227,117) $ 52,480,415 Liabilities and Stockholders' Equity Liabilities: Deposits: Non-interest bearing $ - $ - $ 8,886,865 $ ( 114,895) $ 8,771,970 Interest bearing - - 35,547,882 ( 153,657) 35,394,225 Total deposits - - 44,434,747 ( 268,552) 44,166,195 Assets sold under agreements to repurchase - - 213,097 - 213,097 Notes payable 585,802 94,084 486,784 - 1,166,670 Other liabilities 65,802 1,651 977,742 ( 19,190) 1,026,005 Total liabilities 651,604 95,735 46,112,370 ( 287,742) 46,571,967 Stockholders' equity: Preferred stock 50,160 - - - 50,160 Common stock 1,044 2 56,307 ( 56,309) 1,044 Surplus 4,308,851 4,173,120 5,782,145 ( 9,946,560) 4,317,556 Retained earnings (accumulated deficit) 2,079,725 ( 2,437,754) 494,889 1,934,338 2,071,198 Treasury stock, at cost ( 392,521) - - ( 109) ( 392,630) Accumulated other comprehensive loss,net of tax ( 138,880) 3,610 ( 132,875) 129,265 ( 138,880) Total stockholders' equity 5,908,379 1,738,978 6,200,466 ( 7,939,375) 5,908,448 Total liabilities and stockholders' equity $ 6,559,983 $ 1,834,713 $ 52,312,836 $ ( 8,227,117) $ 52,480,415 Condensed Consolidating Statement of Financial Condition (Unaudited) At December 31, 2018 All other Popular, Inc. PNA subsidiaries and Elimination Popular, Inc. (In thousands) Holding Co. Holding Co. eliminations entries Consolidated Assets: Cash and due from banks $ 68,022 $ - $ 394,035 $ ( 68,022) $ 394,035 Money market investments 176,256 15,288 4,170,792 ( 191,288) 4,171,048 Trading account debt securities, at fair value - - 37,787 - 37,787 Debt securities available-for-sale, at fair value - - 13,300,184 - 13,300,184 Debt securities held-to-maturity, at amortized cost 8,726 2,835 90,014 - 101,575 Equity securities 6,693 20 149,012 ( 141) 155,584 Investment in subsidiaries 5,704,119 1,700,082 - ( 7,404,201) - Loans held-for-sale, at lower of cost or fair value - - 51,422 - 51,422 Loans held-in-portfolio 32,678 - 26,625,080 5,955 26,663,713 Less - Unearned income - - 155,824 - 155,824 Allowance for loan losses 155 - 569,193 - 569,348 Total loans held-in-portfolio, net 32,523 - 25,900,063 5,955 25,938,541 Premises and equipment, net 3,394 - 566,414 - 569,808 Other real estate 146 - 136,559 - 136,705 Accrued income receivable 284 116 165,767 ( 145) 166,022 Mortgage servicing assets, at fair value - - 169,777 - 169,777 Other assets 76,073 27,639 1,626,119 ( 15,697) 1,714,134 Goodwill - - 671,123 ( 1) 671,122 Other intangible assets 6,559 - 20,274 - 26,833 Total assets $ 6,082,795 $ 1,745,980 $ 47,449,342 $ ( 7,673,540) $ 47,604,577 Liabilities and Stockholders' Equity Liabilities: Deposits: Non-interest bearing $ - $ - $ 9,217,058 $ ( 68,022) $ 9,149,036 Interest bearing - - 30,752,291 ( 191,288) 30,561,003 Total deposits - - 39,969,349 ( 259,310) 39,710,039 Assets sold under agreements to repurchase - - 281,529 - 281,529 Other short-term borrowings - - 42 - 42 Notes payable 584,851 94,063 577,188 - 1,256,102 Other liabilities 62,799 3,287 871,733 ( 16,011) 921,808 Total liabilities 647,650 97,350 41,699,841 ( 275,321) 42,169,520 Stockholders' equity: Preferred stock 50,160 - - - 50,160 Common stock 1,043 2 56,307 ( 56,309) 1,043 Surplus 4,357,079 4,172,983 5,790,324 ( 9,954,780) 4,365,606 Retained earnings (accumulated deficit) 1,660,258 ( 2,479,503) 327,713 2,143,263 1,651,731 Treasury stock, at cost ( 205,421) - - ( 88) ( 205,509) Accumulated other comprehensive loss,net of tax ( 427,974) ( 44,852) ( 424,843) 469,695 ( 427,974) Total stockholders' equity 5,435,145 1,648,630 5,749,501 ( 7,398,219) 5,435,057 Total liabilities and stockholders' equity $ 6,082,795 $ 1,745,980 $ 47,449,342 $ ( 7,673,540) $ 47,604,577 Condensed Consolidating Statement of Operations (Unaudited) Quarter ended September 30, 2019 All other Popular, Inc. PNA subsidiaries and Elimination Popular, Inc. (In thousands) Holding Co. Holding Co. eliminations entries Consolidated Interest and dividend income: Dividend income from subsidiaries $ 102,000 $ - $ - $ ( 102,000) $ - Loans 576 - 452,739 - 453,315 Money market investments 758 55 19,120 ( 814) 19,119 Investment securities 160 46 99,336 - 99,542 Total interest and dividend income 103,494 101 571,195 ( 102,814) 571,976 Interest expense: Deposits - - 79,574 ( 814) 78,760 Short-term borrowings - - 1,572 - 1,572 Long-term debt 9,632 1,556 3,465 - 14,653 Total interest expense 9,632 1,556 84,611 ( 814) 94,985 Net interest income (expense) 93,862 ( 1,455) 486,584 ( 102,000) 476,991 Provision (reversal) for loan losses- non-covered loans ( 2) - 36,541 - 36,539 Net interest income (expense) after provision (reversal) for loan losses 93,864 ( 1,455) 450,043 ( 102,000) 440,452 Service charges on deposit accounts - - 40,969 - 40,969 Other service fees - - 71,393 ( 84) 71,309 Mortgage banking activities - - 10,492 - 10,492 Net gain, including impairment on equity securities 64 - 148 1 213 Net loss on sale of debt securities - - ( 20) - ( 20) Net profit on trading account debt securities - - 295 - 295 Indemnity reserves on loans sold expense - - ( 3,411) - ( 3,411) Other operating income (expense) 4,626 ( 350) 18,610 ( 21) 22,865 Total non-interest income 4,690 ( 350) 138,476 ( 104) 142,712 Operating expenses: Personnel costs 14,207 - 133,475 - 147,682 Net occupancy expenses 1,006 - 23,589 - 24,595 Equipment expenses 917 1 20,678 - 21,596 Other taxes 61 - 13,967 - 14,028 Professional fees 6,370 13 92,263 ( 85) 98,561 Communications 150 - 5,731 - 5,881 Business promotion 754 - 17,611 - 18,365 FDIC deposit insurance - - 2,923 - 2,923 Other real estate owned (OREO) expenses - - ( 185) - ( 185) Other operating expenses ( 24,112) 14 65,418 ( 690) 40,630 Amortization of intangibles 24 - 2,375 - 2,399 Total operating expenses ( 623) 28 377,845 ( 775) 376,475 Income (loss) before income tax and equity in (losses) earnings of subsidiaries 99,177 ( 1,833) 210,674 ( 101,329) 206,689 Income tax (benefit) expense - ( 385) 41,494 261 41,370 Income (loss) before equity in (losses) earnings of subsidiaries 99,177 ( 1,448) 169,180 ( 101,590) 165,319 Equity in undistributed earnings of subsidiaries 66,142 18,210 - ( 84,352) - Net income $ 165,319 $ 16,762 $ 169,180 $ ( 185,942) $ 165,319 Comprehensive income, net of tax $ 217,652 $ 25,872 $ 222,592 $ ( 248,464) $ 217,652 Condensed Consolidating Statement of Operations (Unaudited) Nine months ended September 30, 2019 All other Popular, Inc. PNA subsidiaries and Elimination Popular, Inc. (In thousands) Holding Co. Holding Co. eliminations entries Consolidated Interest and dividend income: Dividend income from subsidiaries $ 356,300 $ - $ - $ ( 356,300) $ - Loans 1,661 - 1,353,571 - 1,355,232 Money market investments 2,498 161 70,873 ( 2,659) 70,873 Investment securities 473 139 274,207 - 274,819 Total interest and dividend income 360,932 300 1,698,651 ( 358,959) 1,700,924 Interest expense: Deposits - - 230,694 ( 2,659) 228,035 Short-term borrowings - - 4,828 - 4,828 Long-term debt 28,896 4,671 10,224 - 43,791 Total interest expense 28,896 4,671 245,746 ( 2,659) 276,654 Net interest income (expense) 332,036 ( 4,371) 1,452,905 ( 356,300) 1,424,270 Provision for loan losses- non-covered loans 257 - 118,298 - 118,555 Net interest income (expense) after provision (reversal) for loan losses 331,779 ( 4,371) 1,334,607 ( 356,300) 1,305,715 Service charges on deposit accounts - - 119,277 - 119,277 Other service fees 2 - 211,565 ( 1,920) 209,647 Mortgage banking activities - - 18,645 - 18,645 Net loss on sale of debt securities - - ( 20) - ( 20) Net gain, including impairment on equity securities 934 - 1,261 ( 21) 2,174 Net gain on trading account debt securities - - 977 - 977 Indemnity reserves on loans sold expense - - ( 1,664) - ( 1,664) Other operating income (expense) 13,431 ( 984) 56,026 ( 41) 68,432 Total non-interest income (expense) 14,367 ( 984) 406,067 ( 1,982) 417,468 Operating expenses: Personnel costs 46,910 - 385,388 - 432,298 Net occupancy expenses 3,231 - 68,243 ( 43) 71,431 Equipment expenses 2,616 3 60,005 - 62,624 Other taxes 185 1 38,081 - 38,267 Professional fees 13,780 68 267,841 ( 414) 281,275 Communications 483 - 17,202 - 17,685 Business promotion 2,435 - 49,723 - 52,158 FDIC deposit insurance - - 13,007 - 13,007 Other real estate owned (OREO) expenses - - 3,729 - 3,729 Other operating expenses ( 69,904) 43 179,123 ( 1,908) 107,354 Amortization of intangibles 73 - 7,009 - 7,082 Total operating expenses ( 191) 115 1,089,351 ( 2,365) 1,086,910 Income (loss) before income tax and equity (losses) in earnings of subsidiaries 346,337 ( 5,470) 651,323 ( 355,917) 636,273 Income tax (benefit) expense - ( 1,149) 132,932 140 131,923 Income (loss) before equity in earnings of subsidiaries 346,337 ( 4,321) 518,391 ( 356,057) 504,350 Equity in undistributed earnings of subsidiaries 158,013 41,248 - ( 199,261) - Net income $ 504,350 $ 36,927 $ 518,391 $ ( 555,318) $ 504,350 Comprehensive income, net of tax $ 793,444 $ 85,389 $ 810,359 $ ( 895,748) $ 793,444 Condensed Consolidating Statement of Operations (Unaudited) Quarter ended September 30, 2018 All other Popular, Inc. PNA subsidiaries and Elimination Popular, Inc. (In thousands) Holding Co. Holding Co. eliminations entries Consolidated Interest and dividend income: Dividend income from subsidiaries $ 52,000 $ - $ - $ ( 52,000) $ - Loans 537 - 430,122 ( 22) 430,637 Money market investments 2,429 16 27,582 ( 2,446) 27,581 Investment securities 150 72 69,925 - 70,147 Total interest and dividend income 55,116 88 527,629 ( 54,468) 528,365 Interest expense: Deposits - - 57,580 ( 2,446) 55,134 Short-term borrowings - 22 1,622 ( 22) 1,622 Long-term debt 14,045 2,390 3,705 - 20,140 Total interest expense 14,045 2,412 62,907 ( 2,468) 76,896 Net interest income (expense) 41,071 ( 2,324) 464,722 ( 52,000) 451,469 Provision (reversal) for loan losses- non-covered loans ( 34) - 54,421 - 54,387 Net interest income (expense) after provision (reversal) for loan losses 41,105 ( 2,324) 410,301 ( 52,000) 397,082 Service charges on deposit accounts - - 38,147 - 38,147 Other service fees - - 64,382 ( 66) 64,316 Mortgage banking activities - - 11,269 - 11,269 Net gain, including impairment on equity securities 172 - 216 ( 18) 370 Net loss on trading account debt securities - - ( 122) - ( 122) Indemnity reserves on loans sold expense - - ( 3,029) - ( 3,029) Other operating income (expense) 3,643 ( 118) 36,551 ( 6) 40,070 Total non-interest income (expense) 3,815 ( 118) 147,414 ( 90) 151,021 Operating expenses: Personnel costs 15,803 - 123,954 - 139,757 Net occupancy expenses 984 - 17,618 - 18,602 Equipment expenses 1,037 - 17,266 - 18,303 Other taxes 71 - 11,852 - 11,923 Professional fees 3,889 20 80,017 ( 66) 83,860 Communications 144 - 5,910 - 6,054 Business promotion 520 - 14,958 - 15,478 FDIC deposit insurance - - 8,610 - 8,610 Other real estate owned (OREO) expenses - - 7,950 - 7,950 Other operating expenses ( 23,600) 13 76,754 ( 591) 52,576 Amortization of intangibles - - 2,324 - 2,324 Total operating expenses ( 1,152) 33 367,213 ( 657) 365,437 Income (loss) before income tax and equity in earnings (losses) of subsidiaries 46,072 ( 2,475) 190,502 ( 51,433) 182,666 Income tax (benefit) expense - ( 520) 42,310 228 42,018 Income (loss) before equity in earnings (losses) of subsidiaries 46,072 ( 1,955) 148,192 ( 51,661) 140,648 Equity in undistributed earnings of subsidiaries 94,576 19,722 - ( 114,298) - Net income $ 140,648 $ 17,767 $ 148,192 $ ( 165,959) $ 140,648 Comprehensive income, net of tax $ 103,251 $ 11,770 $ 111,369 $ ( 123,139) $ 103,251 Condensed Consolidating Statement of Operations (Unaudited) Nine months ended September 30, 2018 All other Popular, Inc. PNA subsidiaries and Elimination Popular, Inc. (In thousands) Holding Co. Holding Co. eliminations entries Consolidated Interest and dividend income: Dividend income from subsidiaries $ 402,000 $ - $ - $ ( 402,000) $ - Loans 1,601 - 1,188,946 ( 49) 1,190,498 Money market investments 4,267 18 86,258 ( 4,285) 86,258 Investment securities 447 233 184,857 - 185,537 Total interest and dividend income 408,315 251 1,460,061 ( 406,334) 1,462,293 Interest expense: Deposits - - 143,335 ( 4,285) 139,050 Short-term borrowings - 49 5,387 ( 49) 5,387 Long-term debt 40,280 7,773 11,151 - 59,204 Total interest expense 40,280 7,822 159,873 ( 4,334) 203,641 Net interest income (expense) 368,035 ( 7,571) 1,300,188 ( 402,000) 1,258,652 Provision (reversal) for loan losses- non-covered loans ( 75) - 183,849 - 183,774 Provision for loan losses- covered loans - - 1,730 - 1,730 Net interest income (expense) after provision (reversal) for loan losses 368,110 ( 7,571) 1,114,609 ( 402,000) 1,073,148 Service charges on deposit accounts - - 111,704 - 111,704 Other service fees - - 189,253 ( 1,459) 187,794 Mortgage banking activities - - 33,408 - 33,408 Net gain (loss), including impairment on equity securities 176 - ( 170) ( 48) ( 42) Net loss on trading account debt securities - - ( 299) - ( 299) Indemnity reserves on loans sold expense - - ( 6,482) - ( 6,482) FDIC loss-share income - - 94,725 - 94,725 Other operating income 11,139 278 67,133 ( 31) 78,519 Total non-interest income 11,315 278 489,272 ( 1,538) 499,327 Operating expenses: Personnel costs 43,365 - 346,576 - 389,941 Net occupancy expenses 3,081 - 60,748 - 63,829 Equipment expenses 2,581 2 50,701 - 53,284 Other taxes 168 1 33,532 - 33,701 Professional fees 13,245 128 247,764 ( 389) 260,748 Communications 380 - 16,962 - 17,342 Business promotion 1,323 - 42,942 - 44,265 FDIC deposit insurance - - 22,534 - 22,534 Other real estate owned (OREO) expenses - - 21,028 - 21,028 Other operating expenses ( 64,352) 67 177,543 ( 1,796) 111,462 Amortization of intangibles - - 6,973 - 6,973 Total operating expenses ( 209) 198 1,027,303 ( 2,185) 1,025,107 Income (loss) before income tax and equity (losses) in earnings of subsidiaries 379,634 ( 7,491) 576,578 ( 401,353) 547,368 Income tax expense (benefit) - 372 34,970 271 35,613 Income (loss) before equity in earnings of subsidiaries 379,634 ( 7,863) 541,608 ( 401,624) 511,755 Equity in undistributed earnings of subsidiaries 132,121 45,772 - ( 177,893) - Net income $ 511,755 $ 37,909 $ 541,608 $ ( 579,517) $ 511,755 Comprehensive income, net of tax $ 328,218 $ 3,755 $ 358,368 $ ( 362,123) $ 328,218 Condensed Consolidating Statement of Cash Flows Nine months ended September 30, 2019 All other Popular, Inc. PNA subsidiaries Elimination Popular, Inc. (In thousands) Holding Co. Holding Co. and eliminations entries Consolidated Cash flows from operating activities: Net income $ 504,350 $ 36,927 $ 518,391 $ ( 555,318) $ 504,350 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Equity in earnings of subsidiaries, net of dividends or distributions ( 158,013) ( 41,248) - 199,261 - Provision for loan losses 257 - 118,298 - 118,555 Amortization of intangibles 73 - 7,009 - 7,082 Depreciation and amortization of premises and equipment 559 - 42,369 - 42,928 Net accretion of discounts and amortization of premiums and deferred fees 933 20 ( 127,501) - ( 126,548) Share-based compensation 7,517 - 3,901 - 11,418 Impairment losses on long-lived assets - - 2,591 - 2,591 Fair value adjustments on mortgage servicing rights - - 25,853 - 25,853 Indemnity reserves on loans sold expense - - 1,664 - 1,664 (Earnings) losses from investments under the equity method, net of dividends or distributions ( 11,683) 984 ( 7,762) - ( 18,461) Deferred income tax (benefit) expense - ( 1,149) 111,067 140 110,058 Loss (gain) on: Disposition of premises and equipment and other productive assets 39 - ( 5,172) - ( 5,133) Sale of debt securities - - 20 - 20 Sale of loans, including valuation adjustments on loans held for sale and mortgage banking activities - - ( 11,360) - ( 11,360) Sale of foreclosed assets, including write-downs - - ( 15,858) - ( 15,858) Acquisitions of loans held-for-sale - - ( 157,993) - ( 157,993) Proceeds from sale of loans held-for-sale - - 51,067 - 51,067 Net originations on loans held-for-sale - - ( 208,875) - ( 208,875) Net decrease (increase) in: Trading debt securities - - 333,013 - 333,013 Equity securities ( 3,225) - ( 3,257) - ( 6,482) Accrued income receivable 7 99 7,651 ( 33) 7,724 Other assets ( 1,559) 43 ( 14,130) 2,809 ( 12,837) Net decrease in: Interest payable ( 4,594) ( 1,551) ( 788) 33 ( 6,900) Pension and other postretirement benefits obligations - - ( 4,979) - ( 4,979) Other liabilities ( 681) ( 85) ( 98,071) ( 3,212) ( 102,049) Total adjustments ( 170,370) ( 42,887) 48,757 198,998 34,498 Net cash provided by (used in) operating activities 333,980 ( 5,960) 567,148 ( 356,320) 538,848 Cash flows from investing activities: Net decrease (increase) in money market investments 35,000 2,631 ( 1,000,840) ( 37,631) ( 1,000,840) Purchases of investment securities: Available-for-sale - - ( 13,579,074) - ( 13,579,074) Equity - - ( 15,515) 41 ( 15,474) Proceeds from calls, paydowns, maturities and redemptions of investment securities: Available-for-sale - - 10,671,630 - 10,671,630 Held-to-maturity - - 5,325 - 5,325 Proceeds from sale of investment securities: Available for sale - - 99,445 - 99,445 Equity - - 17,083 - 17,083 Net repayments (disbursements) on loans 533 - ( 325,012) - ( 324,479) Proceeds from sale of loans - - 77,327 - 77,327 Acquisition of loan portfolios - - ( 421,482) - ( 421,482) Payments to acquire other intangible - - ( 793) - ( 793) Return of capital from equity method investments - 3,329 ( 582) - 2,747 Capital contribution to subsidiary ( 4,000) - - 4,000 - Return of capital from wholly-owned subsidiaries 13,000 - - ( 13,000) - Acquisition of premises and equipment ( 791) - ( 45,170) - ( 45,961) Proceeds from sale of: Premises and equipment and other productive assets 3 - 17,183 - 17,186 Foreclosed assets - - 83,848 - 83,848 Net cash provided by (used in) investing activities 43,745 5,960 ( 4,416,627) ( 46,590) ( 4,413,512) Cash flows from financing activities: Net increase (decrease) in: Deposits - - 4,463,708 ( 9,242) 4,454,466 Assets sold under agreements to repurchase - - ( 68,433) - ( 68,433) Other short-term borrowings - - ( 41) - ( 41) Payments of notes payable - - ( 144,991) - ( 144,991) Principal payments of finance leases - - ( 1,269) - ( 1,269) Proceeds from issuance of notes payable - - 75,000 - 75,000 Proceeds from issuance of common stock 11,256 - ( 4,733) - 6,523 Dividends paid to parent company - - ( 356,300) 356,300 - Dividends paid ( 85,863) - - - ( 85,863) Net payments for repurchase of common stock ( 250,566) - 13 ( 21) ( 250,574) Return of capital to parent company - - ( 13,000) 13,000 - Capital contribution from parent - - 4,000 ( 4,000) - Payments related to tax withholding for share-based compensation ( 5,420) - ( 12) - ( 5,432) Net cash (used in) provided by financing activities ( 330,593) - 3,953,942 356,037 3,979,386 Net increase in cash and due from banks, and restricted cash 47,132 - 104,463 ( 46,873) 104,722 Cash and due from banks, and restricted cash at beginning of period 68,278 - 402,995 ( 68,022) 403,251 Cash and due from banks, and restricted cash at end of period $ 115,410 $ - $ 507,458 $ ( 114,895) $ 507,973 Condensed Consolidating Statement of Cash Flows (Unaudited) Nine months ended September 30, 2018 All other Popular, Inc. PNA subsidiaries Elimination Popular, Inc. (In thousands) Holding Co. Holding Co. and eliminations entries Consolidated Cash flows from operating activities: Net income $ 511,755 $ 37,909 $ 541,608 $ ( 579,517) $ 511,755 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Equity in earnings of subsidiaries, net of dividends or distributions ( 132,121) ( 45,772) - 177,893 - Provision (reversal) for loan losses ( 75) - 185,579 - 185,504 Amortization of intangibles - - 6,973 - 6,973 Depreciation and amortization of premises and equipment 548 - 38,535 - 39,083 Net accretion of discounts and amortization of premiums and deferred fees 1,624 20 ( 45,177) - ( 43,533) Share-based compensation 4,149 - 1,813 - 5,962 Impairment losses on long-lived assets - - 272 - 272 Fair value adjustments on mortgage servicing rights - - 13,123 - 13,123 FDIC loss-share income - - ( 94,725) - ( 94,725) Adjustments to indemnity reserves on loans sold - - 6,482 - 6,482 Earnings from investments under the equity method, net of dividends or distributions ( 10,557) ( 278) ( 3,937) - ( 14,772) Deferred income tax benefit - ( 1,453) ( 96,525) 270 ( 97,708) Loss (gain) on: Disposition of premises and equipment and other productive assets 15 - 17,679 - 17,694 Proceeds from insurance claims - - ( 14,411) - ( 14,411) Sale of loans, including valuation adjustments on loans held for sale and mortgage banking activities - - ( 6,734) - ( 6,734) Sale of foreclosed assets, including write-downs - - ( 638) - ( 638) Acquisitions of loans held-for-sale - - ( 173,644) - ( 173,644) Proceeds from sale of loans held-for-sale - - 51,131 - 51,131 Net originations on loans held-for-sale - - ( 186,063) - ( 186,063) Net decrease (increase) in: Trading debt securities - - 346,556 ( 101) 346,455 Equity securities ( 1,779) - ( 701) - ( 2,480) Accrued income receivable ( 411) 90 51,779 410 51,868 Other assets ( 2,352) 52 237,585 ( 449) 234,836 Net (decrease) increase in: Interest payable ( 7,007) ( 3,441) 925 ( 410) ( 9,933) Pension and other postretirement benefits obligations - - 3,392 - 3,392 Other liabilities 2,160 9 ( 198,958) ( 246) ( 197,035) Total adjustments ( 145,806) ( 50,773) 140,311 177,367 121,099 Net cash provided by (used in) operating activities 365,949 ( 12,864) 681,919 ( 402,150) 632,854 Cash flows from investing activities: Net (increase) decrease in money market investments ( 395,000) ( 7,230) 647,519 402,230 647,519 Purchases of investment securities: Available-for-sale - - ( 6,968,920) - ( 6,968,920) Equity - - ( 11,456) 152 ( 11,304) Proceeds from calls, paydowns, maturities and redemptions of investment securities: Available-for-sale - - 3,925,362 - 3,925,362 Held-to-maturity - 1,637 5,547 - 7,184 Proceeds from sale of investment securities: Equity - - 20,925 - 20,925 Net repayments (disbursements) on loans 395 - ( 15,999) - ( 15,604) Proceeds from sale of loans - - 1,354 - 1,354 Acquisition of loan portfolios - - ( 461,117) - ( 461,117) Net payments (to) from FDIC under loss-sharing agreements - - ( 25,012) - ( 25,012) Payments to acquire businesses, net of cash acquired - - ( 1,830,050) - ( 1,830,050) Return of capital from equity method investments - 497 2,004 - 2,501 Capital contribution to subsidiary ( 82,000) - - 82,000 - Return of capital from wholly-owned subsidiaries 13,000 - - ( 13,000) - Acquisition of premises and equipment ( 755) - ( 52,389) - ( 53,144) Proceeds from insurance claims - - 14,411 - 14,411 Proceeds from sale of: Premises and equipment and other productive assets 195 - 6,796 - 6,991 Foreclosed assets - - 85,622 - 85,622 Net cash used in investing activities ( 464,165) ( 5,096) ( 4,655,403) 471,382 ( 4,653,282) Cash flows from financing activities: Net increase (decrease) in: Deposits - - 4,596,970 ( 403,111) 4,193,859 Assets sold under agreements to repurchase - - ( 90,805) - ( 90,805) Other short-term borrowings - - ( 95,008) - ( 95,008) Payments of notes payable - ( 54,502) ( 172,474) - ( 226,976) Proceeds from issuance of notes payable 294,706 - 140,000 - 434,706 Proceeds from issuance of common stock 11,441 - ( 589) - 10,852 Dividends paid to parent company - - ( 402,000) 402,000 - Dividends paid ( 79,115) - - - ( 79,115) Net payments for repurchase of common stock ( 125,323) - - ( 3) ( 125,326) Return of capital to parent company - - ( 13,000) 13,000 - Capital contribution from parent - 72,000 10,000 ( 82,000) - Payments related to tax withholding for share-based compensation ( 2,162) - ( 43) - ( 2,205) Net cash (used in) provided by financing activities 99,547 17,498 3,973,051 ( 70,114) 4,019,982 Net increase (decrease) in cash and due from banks, and restricted cash 1,331 ( 462) ( 433) ( 882) ( 446) Cash and due from banks, and restricted cash at beginning of period 48,120 462 412,225 ( 48,178) 412,629 Cash and due from banks, and restricted cash at end of period $ 49,451 $ - $ 411,792 $ ( 49,060) $ 412,183

Basis of presentation and sum_2

Basis of presentation and summary of significant accounting policies (Policies)	9 Months Ended
	Sep. 30, 2019
Accounting Policies
Consolidation	Basis of Presentation The consolidated interim financial statements have been prepared without audit. The Consolidated Statement of Financial Condition data at December 31, 2018 was derived from audited financial statements. The unaudited interim financial statements are, in the opinion of management, a fair statement of the results for the periods reported and include all necessary adjustments, all of a normal recurring nature, for a fair statement of such results. Certain information and note disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted from the unaudited financial statements pursuant to the rules and regulations of the Securities and Exchange Commission. Accordingly, these financial statements should be read in conjunction with the audited Consolidated Financial Statements of the Corporation for the year ended December 31, 2018, included in the Corporation’s 2018 Form 10-K. Operating results for the interim periods disclosed herein are not necessarily indicative of the results that may be expected for a full year or any future period.
Use of estimates	Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Revenue from contracts with cus

Revenue from contracts with customers (Policies)	9 Months Ended
	Sep. 30, 2019
Accounting Policies
Revenue recognition	Revenue from contracts with customers is recognized when, or as, the performance obligations are satisfied by the Corporation by transferring the promised services to the customers. A service is transferred to the customer when, or as, the customer obtains control of that service. A performance obligation may be satisfied over time or at a point in time. Revenue from a performance obligation satisfied over time is recognized based on the services that have been rendered to date. Revenue from a performance obligation satisfied at a point in time is recognized when the customer obtains control over the service. The transaction price, or the amount of revenue recognized, reflects the consideration the Corporation expects to be entitled to in exchange for those promised services. In determining the transaction price, the Corporation considers the effects of variable consideration. Variable consideration is included in the transaction price only to the extent it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur. The Corporation is the principal in a transaction if it obtains control of the specified goods or services before they are transferred to the customer. If the Corporation acts as principal, revenues are presented in the gross amount of consideration to which it expects to be entitled and are not netted with any related expenses. On the other hand, the Corporation is an agent if it does not control the specified goods or services before they are transferred to the customer. If the Corporation acts as an agent, revenues are presented in the amount of consideration to which it expects to be entitled, net of related expenses. Following is a description of the nature and timing of revenue streams from contracts with customers: Service charges on deposit accounts Service charges on deposit accounts are earned on retail and commercial deposit activities and include, but are not limited to, nonsufficient fund fees, overdraft fees and checks stop payment fees. These transaction-based fees are recognized at a point in time, upon occurrence of an activity or event or upon the occurrence of a condition which triggers the fee assessment. The Corporation is acting as principal in these transactions. Debit card fees Debit card fees include, but are not limited to, interchange fees, surcharging income and foreign transaction fees. These transaction-based fees are recognized at a point in time, upon occurrence of an activity or event or upon the occurrence of a condition which triggers the fee assessment. Interchange fees are recognized upon settlement of the debit card payment transactions. The Corporation is acting as principal in these transactions. Insurance fees Insurance fees include, but are not limited to, commissions and contingent commissions. Commissions and fees are recognized when related policies are effective since the Corporation does not have an enforceable right to payment for services completed to date. An allowance is created for expected adjustments to commissions earned related to policy cancellations. Contingent commissions are recorded on an accrual basis when the amount to be received is notified by the insurance company. The Corporation is acting as an agent since it arranges for the sale of the policies and receives commissions if, and when, it achieves the sale. Credit card fees Credit card fees include, but are not limited to, interchange fees, additional card fees, cash advance fees, balance transfer fees, foreign transaction fees, and returned payments fees. Credit card fees are recognized at a point in time, upon the occurrence of an activity or an event. Interchange fees are recognized upon settlement of the credit card payment transactions. The Corporation is acting as principal in these transactions. Sale and administration of investment products Fees from the sale and administration of investment products include, but are not limited to, commission income from the sale of investment products, asset management fees, underwriting fees, and mutual fund fees. Commission income from investment products is recognized on the trade date since clearing, trade execution, and custody services are satisfied when the customer acquires or disposes of the rights to obtain the economic benefits of the investment products and brokerage contracts have no fixed duration and are terminable at will by either party. The Corporation is acting as principal in these transactions since it performs the service of providing the customer with the ability to acquire or dispose of the rights to obtain the economic benefits of investment products. Asset management fees are satisfied over time and are recognized in arrears. At contract inception, the estimate of the asset management fee is constrained from the inclusion in the transaction price since the promised consideration is dependent on the market and thus is highly susceptible to factors outside the manager’s influence. As advisor, the broker-dealer subsidiary is acting as principal. Underwriting fees are recognized at a point in time, when the investment products are sold in the open market at a markup. When the broker-dealer subsidiary is lead underwriter, it is acting as an agent. In turn, when it is a participating underwriter, it is acting as principal. Mutual fund fees, such as distribution fees, are considered variable consideration and are recognized over time, as the uncertainty of the fees to be received is resolved as NAV is determined and investor activity occurs. The promise to provide distribution-related services is considered a single performance obligation as it requires the provision of a series of distinct services that are substantially the same and have the same pattern of transfer. When the broker-dealer subsidiary is acting as a distributor, it is acting as principal. In turn, when it acts as third-party dealer, it is acting as an agent. Trust fees Trust fees are recognized from retirement plan, mutual fund administration, investment management, trustee, escrow, and custody and safekeeping services. These asset management services are considered a single performance obligation as it requires the provision of a series of distinct services that are substantially the same and have the same pattern of transfer. The performance obligation is satisfied over time, except for optional services and certain other services that are satisfied at a point in time. Revenues are recognized in arrears, when, or as, the services are rendered. The Corporation is acting as principal since, as asset manager, it has the obligation to provide the specified service to the customer and has the ultimate discretion in establishing the fee paid by the customer for the specified services.

Fair Value Measurement (Policie

Fair Value Measurement (Policies)	9 Months Ended
	Sep. 30, 2019
Accounting Policies
Fair value measurement policy	ASC Subtopic 820-10 “Fair Value Measurements and Disclosures” establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three levels in order to increase consistency and comparability in fair value measurements and disclosures. The hierarchy is broken down into three levels based on the reliability of inputs as follows: Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Corporation has the ability to access at the measurement date. Valuation on these instruments does not necessitate a significant degree of judgment since valuations are based on quoted prices that are readily available in an active market. Level 2 - Quoted prices other than those included in Level 1 that are observable either directly or indirectly. Level 2 inputs include quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs that are observable or that can be corroborated by observable market data for substantially the full term of the financial instrument. Level 3 - Inputs are unobservable and significant to the fair value measurement. Unobservable inputs reflect the Corporation’s own assumptions about assumptions that market participants would use in pricing the asset or liability. The Corporation maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the observable inputs be used when available. Fair value is based upon quoted market prices when available. If listed prices or quotes are not available, the Corporation employs internally-developed models that primarily use market-based inputs including yield curves, interest rates, volatilities, and credit curves, among others. Valuation adjustments are limited to those necessary to ensure that the financial instrument’s fair value is adequately representative of the price that would be received or paid in the marketplace. These adjustments include amounts that reflect counterparty credit quality, the Corporation’s credit standing, constraints on liquidity and unobservable parameters that are applied consistently. There have been no changes in the Corporation’s methodologies used to estimate the fair value of assets and liabilities from those disclosed in the 2018 Form 10-K. The estimated fair value may be subjective in nature and may involve uncertainties and matters of significant judgment for certain financial instruments. Changes in the underlying assumptions used in calculating fair value could significantly affect the results.

Business combination (Tables)

Business combination (Tables)	9 Months Ended
	Sep. 30, 2019
Business Combinations [Abstract]
Fair value of major classes of identifiable assets acquired and liabilities assumed	Book value prior to purchase accounting Fair value Measurement As recorded by (In thousands) adjustments adjustments period adjustments Popular, Inc. Cash consideration $ 1,843,256 $ - $ - $ 1,843,256 Assets: Loans $ 1,912,866 $ ( 126,908) [1] $ 16,505 [1] $ 1,802,463 Premises and equipment 1,246 - - 1,246 Accrued income receivable 1,466 - - 1,466 Other assets 5,020 - ( 91) 4,929 Trademark - 488 - 488 Total assets $ 1,920,598 $ ( 126,420) $ 16,414 $ 1,810,592 Liabilities: Other liabilities $ 11,164 $ - $ - $ 11,164 Total liabilities $ 11,164 $ - $ - $ 11,164 Net assets acquired $ 1,909,434 $ ( 126,420) $ 16,414 $ 1,799,428 Goodwill on acquisition $ 43,828 [1] The fair value discount is comprised of $ 106 million related to the retail auto loans portfolio and $ 4 million related to the commercial loans portfolio.

Debt securities available-for_2

Debt securities available-for-sale (Tables)	9 Months Ended
	Sep. 30, 2019
Investments [Abstract]
Debt Securities, Available-For-Sale	At September 30, 2019 Gross Gross Weighted Amortized unrealized unrealized Fair average (In thousands) cost gains losses value yield U.S. Treasury securities Within 1 year $ 5,593,503 $ 2,924 $ 1,789 $ 5,594,638 1.88 % After 1 to 5 years 4,200,129 86,143 862 4,285,410 2.34 After 5 to 10 years 624,188 1,912 1,860 624,240 1.60 Total U.S. Treasury securities 10,417,820 90,979 4,511 10,504,288 2.05 Obligations of U.S. Government sponsored entities Within 1 year 127,485 6 174 127,317 1.40 After 1 to 5 years 60,005 1 231 59,775 1.48 Total obligations of U.S. Government sponsored entities 187,490 7 405 187,092 1.43 Obligations of Puerto Rico, States and political subdivisions Within 1 year 6,975 - 44 6,931 - Total obligations of Puerto Rico, States and political subdivisions 6,975 - 44 6,931 - Collateralized mortgage obligations - federal agencies After 1 to 5 years 725 - 1 724 2.02 After 5 to 10 years 91,024 32 1,210 89,846 1.64 After 10 years 541,407 4,410 5,751 540,066 2.09 Total collateralized mortgage obligations - federal agencies 633,156 4,442 6,962 630,636 2.02 Mortgage-backed securities Within 1 year 37 - - 37 2.05 After 1 to 5 years 39,627 861 2 40,486 3.35 After 5 to 10 years 315,038 2,623 1,391 316,270 2.04 After 10 years 4,751,236 64,743 22,982 4,792,997 2.61 Total mortgage-backed securities 5,105,938 68,227 24,375 5,149,790 2.58 Other After 1 to 5 years 364 9 - 373 3.62 Total other 364 9 - 373 3.62 Total debt securities available-for-sale [1] $ 16,351,743 $ 163,664 $ 36,297 $ 16,479,110 2.20 % [1] Includes $ 12.9 billion pledged to secure public and trust deposits, assets sold under agreements to repurchase, credit facilities and loan servicing agreements that the secured parties are not permitted to sell or repledge the collateral, of which $ 11.7 billion serve as collateral for public funds. At December 31, 2018 Gross Gross Weighted Amortized unrealized unrealized Fair average (In thousands) cost gains losses value yield U.S. Treasury securities Within 1 year $ 3,565,571 $ 108 $ 5,319 $ 3,560,360 2.10 % After 1 to 5 years 4,483,741 13,647 35,213 4,462,175 2.25 After 5 to 10 years 245,891 3,770 - 249,661 2.84 Total U.S. Treasury securities 8,295,203 17,525 40,532 8,272,196 2.21 Obligations of U.S. Government sponsored entities Within 1 year 212,951 - 1,406 211,545 1.44 After 1 to 5 years 123,857 1 2,094 121,764 1.51 Total obligations of U.S. Government sponsored entities 336,808 1 3,500 333,309 1.47 Obligations of Puerto Rico, States and political subdivisions After 1 to 5 years 6,926 - 184 6,742 0.70 Total obligations of Puerto Rico, States and political subdivisions 6,926 - 184 6,742 0.70 Collateralized mortgage obligations - federal agencies After 1 to 5 years 749 - 7 742 1.92 After 5 to 10 years 115,744 1 4,715 111,030 1.71 After 10 years 638,995 1,584 23,680 616,899 2.10 Total collateralized mortgage obligations - federal agencies 755,488 1,585 28,402 728,671 2.04 Mortgage-backed securities Within 1 year 431 4 - 435 4.30 After 1 to 5 years 6,762 43 1 6,804 2.74 After 5 to 10 years 365,727 1,090 8,499 358,318 2.19 After 10 years 3,710,731 10,679 128,189 3,593,221 2.45 Total mortgage-backed securities 4,083,651 11,816 136,689 3,958,778 2.43 Other After 5 to 10 years 486 2 - 488 3.62 Total other 486 2 - 488 3.62 Total debt securities available-for-sale [1] $ 13,478,562 $ 30,929 $ 209,307 $ 13,300,184 2.25 % [1] Includes $ 8.9 billion pledged to secure public and trust deposits, assets sold under agreements to repurchase, credit facilities and loan servicing agreements that the secured parties are not permitted to sell or repledge the collateral, of which $ 7.9 billion serve as collateral for public funds.
Schedule Of Realized Gain Loss	For the quarter ended September 30, Nine months ended September 30, (In thousands) 2019 2018 2019 2018 Gross realized gains $ - $ - $ - $ - Gross realized losses ( 20) - ( 20) - Net realized losses on sale of debt securities available-for-sale $ ( 20) $ - $ ( 20) $ -
Debt Securities Available For Sale Unrealized Loss Position Fair Value	At September 30, 2019 Less than 12 months 12 months or more Total Gross Gross Gross Fair unrealized Fair unrealized Fair unrealized (In thousands) value losses value losses value losses U.S. Treasury securities $ 900,818 $ 2,376 $ 639,001 $ 2,135 $ 1,539,819 $ 4,511 Obligations of U.S. Government sponsored entities 9,947 25 176,356 380 186,303 405 Obligations of Puerto Rico, States and political subdivisions - - 6,931 44 6,931 44 Collateralized mortgage obligations - federal agencies 103,443 467 343,994 6,495 447,437 6,962 Mortgage-backed securities 177,382 480 1,977,343 23,895 2,154,725 24,375 Total debt securities available-for-sale in an unrealized loss position $ 1,191,590 $ 3,348 $ 3,143,625 $ 32,949 $ 4,335,215 $ 36,297 At December 31, 2018 Less than 12 months 12 months or more Total Gross Gross Gross Fair unrealized Fair unrealized Fair unrealized (In thousands) value losses value losses value losses U.S. Treasury securities $ 3,189,007 $ 4,188 $ 2,607,276 $ 36,343 $ 5,796,283 $ 40,531 Obligations of U.S. Government sponsored entities 14,847 46 318,271 3,454 333,118 3,500 Obligations of Puerto Rico, States and political subdivisions - - 6,742 184 6,742 184 Collateralized mortgage obligations - federal agencies 66,652 489 587,869 27,913 654,521 28,402 Mortgage-backed securities 125,872 2,280 3,478,635 134,410 3,604,507 136,690 Total debt securities available-for-sale in an unrealized loss position $ 3,396,378 $ 7,003 $ 6,998,793 $ 202,304 $ 10,395,171 $ 209,307
Schedule Of Securities Aggregate Amortized Cost Exceed 10 Of Stockholders Equity	September 30, 2019 December 31, 2018 (In thousands) Amortized cost Fair value Amortized cost Fair value FNMA $ 3,334,102 $ 3,351,007 $ 2,999,110 $ 2,901,904 Freddie Mac 1,722,954 1,739,165 1,095,855 1,058,013

Debt securities held-to-matur_2

Debt securities held-to-maturity (Tables)	9 Months Ended
	Sep. 30, 2019
Investments [Abstract]
Debt Securities, Held-to-maturity	At September 30, 2019 Gross Gross Weighted Amortized unrealized unrealized Fair average (In thousands) cost gains losses value yield Obligations of Puerto Rico, States and political subdivisions Within 1 year $ 3,745 $ - $ 33 $ 3,712 6.02 % After 1 to 5 years 17,580 - 269 17,311 6.11 After 5 to 10 years 18,195 - 1,861 16,334 3.11 After 10 years 46,078 8,375 2 54,451 1.69 Total obligations of Puerto Rico, States and political subdivisions 85,598 8,375 2,165 91,808 3.09 Collateralized mortgage obligations - federal agencies After 1 to 5 years 48 2 - 50 6.44 Total collateralized mortgage obligations - federal agencies 48 2 - 50 6.44 Securities in wholly owned statutory business trusts After 10 years 11,561 - - 11,561 6.51 Total securities in wholly owned statutory business trusts 11,561 - - 11,561 6.51 Other After 1 to 5 years 500 - 1 499 2.97 Total other 500 - 1 499 2.97 Total debt securities held-to-maturity $ 97,707 $ 8,377 $ 2,166 $ 103,918 3.50 % At December 31, 2018 Gross Gross Weighted Amortized unrealized unrealized Fair average (In thousands) cost gains losses value yield Obligations of Puerto Rico, States and political subdivisions Within 1 year $ 3,510 $ - $ 36 $ 3,474 5.99 % After 1 to 5 years 16,505 - 1,081 15,424 6.07 After 5 to 10 years 23,885 - 1,704 22,181 3.61 After 10 years 45,559 3,943 47 49,455 1.79 Total obligations of Puerto Rico, States and political subdivisions 89,459 3,943 2,868 90,534 3.23 Collateralized mortgage obligations - federal agencies After 5 to 10 years 55 3 - 58 5.45 Total collateralized mortgage obligations - federal agencies 55 3 - 58 5.45 Securities in wholly owned statutory business trusts After 10 years 11,561 - - 11,561 6.51 Total securities in wholly owned statutory business trusts 11,561 - - 11,561 6.51 Other After 1 to 5 years 500 - - 500 2.97 Total other 500 - - 500 2.97 Total debt securities held-to-maturity $ 101,575 $ 3,946 $ 2,868 $ 102,653 3.60 %
Debt Securities Held To Maturity Unrealized Loss Position Fair Value	At September 30, 2019 Less than 12 months 12 months or more Total Gross Gross Gross Fair unrealized Fair unrealized Fair unrealized (In thousands) value losses value losses value losses Obligations of Puerto Rico, States and political subdivisions $ 22,427 $ 318 $ 9,713 $ 1,847 $ 32,140 $ 2,165 Other 499 1 - - 499 1 Total debt securities held-to-maturity in an unrealized loss position $ 22,926 $ 319 $ 9,713 $ 1,847 $ 32,639 $ 2,166 At December 31, 2018 Less than 12 months 12 months or more Total Gross Gross Gross Fair unrealized Fair unrealized Fair unrealized (In thousands) value losses value losses value losses Obligations of Puerto Rico, States and political subdivisions $ 27,471 $ 1,165 $ 13,307 $ 1,703 $ 40,778 $ 2,868 Total debt securities held-to-maturity in an unrealized loss position $ 27,471 $ 1,165 $ 13,307 $ 1,703 $ 40,778 $ 2,868

Loans (Tables)

Loans (Tables)	9 Months Ended
	Sep. 30, 2019
ASC Subtopic 310-30
Disclosure of carrying amount of loans acquired	Carrying amount (In thousands) September 30, 2019 December 31, 2018 Commercial real estate $ 683,046 $ 801,774 Commercial and industrial 134,962 84,465 Mortgage 871,803 982,821 Consumer 12,563 14,496 Carrying amount 1,702,374 1,883,556 Allowance for loan losses ( 94,610) ( 122,135) Carrying amount, net of allowance $ 1,607,764 $ 1,761,421
Accretable Yield For Acquired Loans	Activity in the accretable yield of acquired loans accounted for pursuant to ASC 310-30 For the quarter ended For the nine months ended (In thousands) September 30, 2019 September 30, 2018 September 30, 2019 September 30, 2018 Beginning balance $ 1,042,407 $ 1,178,042 $ 1,092,504 $ 1,214,488 Additions 7,711 315 19,577 3,752 Accretion ( 35,502) ( 38,886) ( 111,083) ( 121,752) Change in expected cash flows 5,043 ( 16,739) 18,661 26,244 Ending balance [1] $ 1,019,659 $ 1,122,732 $ 1,019,659 $ 1,122,732 [1] At September 30, 2019, includes $ 0.7 billion of loans considered non-credit impaired at the acquisition date (September 30, 2018 - $ 0.8 billion).
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period	Carrying amount of acquired loans accounted for pursuant to ASC 310-30 For the quarter ended For the nine months ended (In thousands) September 30, 2019 September 30, 2018 September 30, 2019 September 30, 2018 Beginning balance $ 1,789,237 $ 2,033,457 $ 1,883,556 $ 2,108,993 Additions 11,891 3,062 27,639 8,334 Accretion 35,502 38,886 111,083 121,752 Collections / loan sales / charge-offs ( 134,256) ( 84,783) ( 319,904) ( 248,457) Ending balance [1] $ 1,702,374 $ 1,990,622 $ 1,702,374 $ 1,990,622 Allowance for loan losses ( 94,610) ( 168,559) ( 94,610) ( 168,559) Ending balance, net of ALLL $ 1,607,764 $ 1,822,063 $ 1,607,764 $ 1,822,063 [1] At September 30, 2019, includes $ 1.2 billion of loans considered non-credit impaired at the acquisition date (September 30, 2018 - $ 1.5 billion).
Loans Held in Portfolio | Non Covered Loans
Past due financing receivables	September 30, 2019 Puerto Rico Past due Past due 90 days or more 30-59 60-89 90 days Total Non-accrual Accruing (In thousands) days days or more past due Current Loans HIP loans loans [1] Commercial multi-family $ 331 $ - $ 1,824 $ 2,155 $ 146,395 $ 148,550 $ 1,784 $ - Commercial real estate: Non-owner occupied 25,497 3,449 47,692 76,638 2,020,511 2,097,149 43,349 - Owner occupied 9,284 2,682 90,507 102,473 1,514,624 1,617,097 75,513 - Commercial and industrial 31,435 6,703 46,104 84,242 3,221,615 3,305,857 45,720 311 Construction - 263 274 537 123,535 124,072 274 - Mortgage 287,578 142,727 876,960 1,307,265 4,928,311 6,235,576 296,025 459,704 Leasing 10,906 2,745 2,733 16,384 1,006,100 1,022,484 2,733 - Consumer: Credit cards 10,099 7,080 16,459 33,638 1,002,579 1,036,217 - 16,459 Home equity lines of credit 15 - 887 902 4,981 5,883 887 - Personal 13,724 10,012 19,418 43,154 1,306,449 1,349,603 18,710 15 Auto 85,717 19,973 22,954 128,644 2,719,114 2,847,758 22,954 - Other 660 617 13,149 14,426 127,910 142,336 12,824 325 Total $ 475,246 $ 196,251 $ 1,138,961 $ 1,810,458 $ 18,122,124 $ 19,932,582 $ 520,773 $ 476,814 [1] Loans HIP of $ 141 million accounted for under ASC Subtopic 310-30 are excluded from the above table as they are considered to be performing due to the application of the accretion method, in which these loans will accrete interest income over the remaining life of the loans using estimated cash flow analysis. September 30, 2019 Popular U.S. Past due Past due 90 days or more 30-59 60-89 90 days Total Non-accrual Accruing (In thousands) days days or more past due Current Loans HIP loans loans [1] Commercial multi-family $ - $ - $ 2,097 $ 2,097 $ 1,598,517 $ 1,600,614 $ 2,097 $ - Commercial real estate: Non-owner occupied - - 292 292 1,953,919 1,954,211 292 - Owner occupied 4,884 243 259 5,386 313,733 319,119 259 - Commercial and industrial 2,449 76 48,563 51,088 1,114,764 1,165,852 683 - Construction - - 10,060 10,060 619,924 629,984 10,060 - Mortgage 1,159 4,049 9,517 14,725 918,318 933,043 9,517 - Legacy 54 89 2,318 2,461 20,731 23,192 2,318 - Consumer: Credit cards - - - - 78 78 - - Home equity lines of credit 685 894 10,117 11,696 112,806 124,502 10,117 - Personal 1,852 1,499 1,670 5,021 319,084 324,105 1,670 - Other 20 - 6 26 667 693 6 - Total $ 11,103 $ 6,850 $ 84,899 $ 102,852 $ 6,972,541 $ 7,075,393 $ 37,019 $ - [1] Loans HIP of $ 48 million accounted for under ASC Subtopic 310-30 are excluded from the above table as they are considered to be performing due to the application of the accretion method, in which these loans will accrete interest income over the remaining life of the loans using estimated cash flow analysis. September 30, 2019 Popular, Inc. Past due Past due 90 days or more 30-59 60-89 90 days Total Non-accrual Accruing (In thousands) days days or more past due Current Loans HIP [3] [4] loans loans [5] Commercial multi-family $ 331 $ - $ 3,921 $ 4,252 $ 1,744,912 $ 1,749,164 $ 3,881 $ - Commercial real estate: Non-owner occupied 25,497 3,449 47,984 76,930 3,974,430 4,051,360 43,641 - Owner occupied 14,168 2,925 90,766 107,859 1,828,357 1,936,216 75,772 - Commercial and industrial 33,884 6,779 94,667 135,330 4,336,379 4,471,709 46,403 311 Construction - 263 10,334 10,597 743,459 754,056 10,334 - Mortgage [1] 288,737 146,776 886,477 1,321,990 5,846,629 7,168,619 305,542 459,704 Leasing 10,906 2,745 2,733 16,384 1,006,100 1,022,484 2,733 - Legacy [2] 54 89 2,318 2,461 20,731 23,192 2,318 - Consumer: Credit cards 10,099 7,080 16,459 33,638 1,002,657 1,036,295 - 16,459 Home equity lines of credit 700 894 11,004 12,598 117,787 130,385 11,004 - Personal 15,576 11,511 21,088 48,175 1,625,533 1,673,708 20,380 15 Auto 85,717 19,973 22,954 128,644 2,719,114 2,847,758 22,954 - Other 680 617 13,155 14,452 128,577 143,029 12,830 325 Total $ 486,349 $ 203,101 $ 1,223,860 $ 1,913,310 $ 25,094,665 $ 27,007,975 $ 557,792 $ 476,814 [1] It is the Corporation’s policy to report delinquent residential mortgage loans insured by FHA or guaranteed by the VA as accruing loans past due 90 days or more as opposed to non-performing since the principal repayment is insured. [2] The legacy portfolio is comprised of commercial loans, construction loans and lease financings related to certain lending products exited by the Corporation as part of restructuring efforts carried out in prior years at the Popular U.S. segment. [3] Loans held-in-portfolio are net of $ 173 million in unearned income and exclude $ 56 million in loans held-for-sale. [4] Includes $ 6.7 billion pledged to secure credit facilities and public funds that the secured parties are not permitted to sell or repledge the collateral, of which $ 4.6 billion were pledged at the Federal Home Loan Bank ("FHLB") as collateral for borrowings and $ 2.1 billion at the Federal Reserve Bank ("FRB") for discount window borrowings. [5] Loans HIP of $ 189 million accounted for under ASC Subtopic 310-30 are excluded from the above table as they are considered to be performing due to the application of the accretion method, in which these loans will accrete interest income over the remaining life of the loans using estimated cash flow analysis. December 31, 2018 Puerto Rico Past due Past due 90 days or more 30-59 60-89 90 days Total Non-accrual Accruing (In thousands) days days or more past due Current Loans HIP loans loans [1] Commercial multi-family $ 1,441 $ 112 $ 598 $ 2,151 $ 143,477 $ 145,628 $ 546 $ - Commercial real estate: Non-owner occupied 92,075 839 45,691 138,605 2,183,996 2,322,601 39,257 - Owner occupied 6,681 10,839 99,235 116,755 1,605,498 1,722,253 88,069 - Commercial and industrial 4,137 641 55,321 60,099 3,122,062 3,182,161 55,078 243 Construction - - 1,788 1,788 84,167 85,955 1,788 - Mortgage 275,367 128,104 1,043,607 1,447,078 4,986,245 6,433,323 323,565 595,525 Leasing 7,663 1,827 3,313 12,803 921,970 934,773 3,313 - Consumer: Credit cards 9,504 7,391 16,035 32,930 1,014,343 1,047,273 - 16,035 Home equity lines of credit - 97 165 262 5,089 5,351 11 154 Personal 13,069 7,907 18,515 39,491 1,211,134 1,250,625 17,887 35 Auto 52,204 9,862 24,177 86,243 2,522,542 2,608,785 24,050 127 Other 566 288 14,958 15,812 128,932 144,744 14,534 424 Total $ 462,707 $ 167,907 $ 1,323,403 $ 1,954,017 $ 17,929,455 $ 19,883,472 $ 568,098 $ 612,543 [1] Non-covered loans HIP of $ 143 million accounted for under ASC Subtopic 310-30 are excluded from the above table as they are considered to be performing due to the application of the accretion method, in which these loans will accrete interest income over the remaining life of the loans using estimated cash flow analysis. December 31, 2018 Popular U.S. Past due Past due 90 days or more 30-59 60-89 90 days Total Non-accrual Accruing (In thousands) days days or more past due Current Loans HIP loans loans [1] Commercial multi-family $ 3,163 $ - $ - $ 3,163 $ 1,398,377 $ 1,401,540 $ - $ - Commercial real estate: Non-owner occupied 707 288 365 1,360 1,880,384 1,881,744 365 - Owner occupied 5,125 1,728 381 7,234 291,705 298,939 381 - Commercial and industrial 2,354 995 73,726 77,075 1,011,078 1,088,153 330 - Construction - - 12,060 12,060 681,434 693,494 12,060 - Mortgage 13,615 3,197 11,033 27,845 774,090 801,935 11,033 - Legacy 195 445 2,627 3,267 22,682 25,949 2,627 - Consumer: Credit cards 2 - - 2 36 38 - - Home equity lines of credit 886 464 13,579 14,929 128,123 143,052 13,579 - Personal 2,319 1,723 2,610 6,652 282,697 289,349 2,610 - Other - - 4 4 220 224 4 - Total $ 28,366 $ 8,840 $ 116,385 $ 153,591 $ 6,470,826 $ 6,624,417 $ 42,989 $ - [1] Non-covered loans HIP of $ 73 million accounted for under ASC Subtopic 310-30 are excluded from the above table as they are considered to be performing due to the application of the accretion method, in which these loans will accrete interest income over the remaining life of the loans using estimated cash flow analysis. December 31, 2018 Popular, Inc. Past due Past due 90 days or more 30-59 60-89 90 days Total Non-accrual Accruing (In thousands) days days or more past due Current Loans HIP [3] [4] loans loans [5] Commercial multi-family $ 4,604 $ 112 $ 598 $ 5,314 $ 1,541,854 $ 1,547,168 $ 546 $ - Commercial real estate: Non-owner occupied 92,782 1,127 46,056 139,965 4,064,380 4,204,345 39,622 - Owner occupied 11,806 12,567 99,616 123,989 1,897,203 2,021,192 88,450 - Commercial and industrial 6,491 1,636 129,047 137,174 4,133,140 4,270,314 55,408 243 Construction - - 13,848 13,848 765,601 779,449 13,848 - Mortgage [1] 288,982 131,301 1,054,640 1,474,923 5,760,335 7,235,258 334,598 595,525 Leasing 7,663 1,827 3,313 12,803 921,970 934,773 3,313 - Legacy [2] 195 445 2,627 3,267 22,682 25,949 2,627 - Consumer: Credit cards 9,506 7,391 16,035 32,932 1,014,379 1,047,311 - 16,035 Home equity lines of credit 886 561 13,744 15,191 133,212 148,403 13,590 154 Personal 15,388 9,630 21,125 46,143 1,493,831 1,539,974 20,497 35 Auto 52,204 9,862 24,177 86,243 2,522,542 2,608,785 24,050 127 Other 566 288 14,962 15,816 129,152 144,968 14,538 424 Total $ 491,073 $ 176,747 $ 1,439,788 $ 2,107,608 $ 24,400,281 $ 26,507,889 $ 611,087 $ 612,543 [1] It is the Corporation’s policy to report delinquent residential mortgage loans insured by FHA or guaranteed by the VA as accruing loans past due 90 days or more as opposed to non-performing since the principal repayment is insured. [2] The legacy portfolio is comprised of commercial loans, construction loans and lease financings related to certain lending products exited by the Corporation as part of restructuring efforts carried out in prior years at the Popular U.S. segment. [3] Loans held-in-portfolio are net of $ 156 million in unearned income and exclude $ 51 million in loans held-for-sale. [4] Includes $ 6.9 billion pledged to secure credit facilities and public funds that the secured parties are not permitted to sell or repledge the collateral, of which $ 4.8 billion were pledged at the FHLB as collateral for borrowings and $ 2.1 billion at the FRB for discount window borrowings. [5] Non-covered loans HIP of $ 216 million accounted for under ASC Subtopic 310-30 are excluded from the above table as they are considered to be performing due to the application of the accretion method, in which these loans will accrete interest income over the remaining life of the loans using estimated cash flow analysis.

Allowance for loan losses (Tabl

Allowance for loan losses (Tables)	9 Months Ended
	Sep. 30, 2019
Impaired financing receivables	September 30, 2019 Puerto Rico Impaired Loans – With an Impaired Loans Allowance With No Allowance Impaired Loans - Total Unpaid Unpaid Unpaid Recorded principal Related Recorded principal Recorded principal Related (In thousands) investment balance allowance investment balance investment balance allowance Commercial multi-family $ 2,249 $ 2,284 $ 249 $ - $ - $ 2,249 $ 2,284 $ 249 Commercial real estate non-owner occupied 76,055 88,496 14,012 110,859 121,418 186,914 209,914 14,012 Commercial real estate owner occupied 111,600 130,895 5,607 27,573 59,748 139,173 190,643 5,607 Commercial and industrial 50,024 51,327 10,262 28,764 51,037 78,788 102,364 10,262 Construction 274 274 57 - - 274 274 57 Mortgage 419,665 477,034 40,483 104,211 139,550 523,876 616,584 40,483 Leasing 624 624 71 - - 624 624 71 Consumer: Credit cards 26,049 26,049 3,018 - - 26,049 26,049 3,018 Personal 68,147 68,147 17,824 - - 68,147 68,147 17,824 Auto 333 333 62 - - 333 333 62 Other 827 827 105 - - 827 827 105 Total Puerto Rico $ 755,847 $ 846,290 $ 91,750 $ 271,407 $ 371,753 $ 1,027,254 $ 1,218,043 $ 91,750 September 30, 2019 Popular U.S. Impaired Loans – With an Impaired Loans Allowance With No Allowance Impaired Loans - Total Unpaid Unpaid Unpaid Recorded principal Related Recorded principal Recorded principal Related (In thousands) investment balance allowance investment balance investment balance allowance Commercial multi-family $ - $ - $ - $ 2,097 $ 2,539 $ 2,097 $ 2,539 $ - Construction - - - 10,060 18,127 10,060 18,127 - Mortgage 6,961 7,313 2,385 2,480 2,844 9,441 10,157 2,385 Consumer: HELOCs 7,575 7,575 1,708 2,085 2,169 9,660 9,744 1,708 Personal 27 27 3 74 74 101 101 3 Total Popular U.S. $ 14,563 $ 14,915 $ 4,096 $ 16,796 $ 25,753 $ 31,359 $ 40,668 $ 4,096 September 30, 2019 Popular, Inc. Impaired Loans – With an Impaired Loans Allowance With No Allowance Impaired Loans - Total Unpaid Unpaid Unpaid Recorded principal Related Recorded principal Recorded principal Related (In thousands) investment balance allowance investment balance investment balance allowance Commercial multi-family $ 2,249 $ 2,284 $ 249 $ 2,097 $ 2,539 $ 4,346 $ 4,823 $ 249 Commercial real estate non-owner occupied 76,055 88,496 14,012 110,859 121,418 186,914 209,914 14,012 Commercial real estate owner occupied 111,600 130,895 5,607 27,573 59,748 139,173 190,643 5,607 Commercial and industrial 50,024 51,327 10,262 28,764 51,037 78,788 102,364 10,262 Construction 274 274 57 10,060 18,127 10,334 18,401 57 Mortgage 426,626 484,347 42,868 106,691 142,394 533,317 626,741 42,868 Leasing 624 624 71 - - 624 624 71 Consumer: Credit Cards 26,049 26,049 3,018 - - 26,049 26,049 3,018 HELOCs 7,575 7,575 1,708 2,085 2,169 9,660 9,744 1,708 Personal 68,174 68,174 17,827 74 74 68,248 68,248 17,827 Auto 333 333 62 - - 333 333 62 Other 827 827 105 - - 827 827 105 Total Popular, Inc. $ 770,410 $ 861,205 $ 95,846 $ 288,203 $ 397,506 $ 1,058,613 $ 1,258,711 $ 95,846 December 31, 2018 Puerto Rico Impaired Loans – With an Impaired Loans Allowance With No Allowance Impaired Loans - Total Unpaid Unpaid Unpaid Recorded principal Related Recorded principal Recorded principal Related (In thousands) investment balance allowance investment balance investment balance allowance Commercial multi-family $ 932 $ 932 $ 4 $ - $ - $ 932 $ 932 $ 4 Commercial real estate non-owner occupied 85,583 86,282 27,494 96,005 138,378 181,588 224,660 27,494 Commercial real estate owner occupied 113,592 132,677 7,857 26,474 60,485 140,066 193,162 7,857 Commercial and industrial 65,208 67,094 16,835 10,724 20,968 75,932 88,062 16,835 Construction 1,788 1,788 56 - - 1,788 1,788 56 Mortgage 408,767 458,010 38,760 100,701 135,084 509,468 593,094 38,760 Leasing 1,099 1,099 320 - - 1,099 1,099 320 Consumer: Credit cards 28,829 28,829 4,571 - - 28,829 28,829 4,571 Personal 72,989 72,989 19,098 - - 72,989 72,989 19,098 Auto 1,161 1,161 228 - - 1,161 1,161 228 Other 1,256 1,256 186 - - 1,256 1,256 186 Total Puerto Rico $ 781,204 $ 852,117 $ 115,409 $ 233,904 $ 354,915 $ 1,015,108 $ 1,207,032 $ 115,409 December 31, 2018 Popular U.S. Impaired Loans – With an Impaired Loans Allowance With No Allowance Impaired Loans - Total Unpaid Unpaid Unpaid Recorded principal Related Recorded principal Recorded principal Related (In thousands) investment balance allowance investment balance investment balance allowance Construction $ - $ - $ - $ 12,060 $ 18,127 $ 12,060 $ 18,127 $ - Mortgage 7,237 8,899 2,451 2,183 3,127 9,420 12,026 2,451 Consumer: HELOCs 6,236 6,285 1,558 1,498 1,572 7,734 7,857 1,558 Personal 631 631 252 142 143 773 774 252 Total Popular U.S. $ 14,104 $ 15,815 $ 4,261 $ 15,883 $ 22,969 $ 29,987 $ 38,784 $ 4,261 December 31, 2018 Popular, Inc. Impaired Loans – With an Impaired Loans Allowance With No Allowance Impaired Loans - Total Unpaid Unpaid Unpaid Recorded principal Related Recorded principal Recorded principal Related (In thousands) investment balance allowance investment balance investment balance allowance Commercial multi-family $ 932 $ 932 $ 4 $ - $ - $ 932 $ 932 $ 4 Commercial real estate non-owner occupied 85,583 86,282 27,494 96,005 138,378 181,588 224,660 27,494 Commercial real estate owner occupied 113,592 132,677 7,857 26,474 60,485 140,066 193,162 7,857 Commercial and industrial 65,208 67,094 16,835 10,724 20,968 75,932 88,062 16,835 Construction 1,788 1,788 56 12,060 18,127 13,848 19,915 56 Mortgage 416,004 466,909 41,211 102,884 138,211 518,888 605,120 41,211 Leasing 1,099 1,099 320 - - 1,099 1,099 320 Consumer: Credit Cards 28,829 28,829 4,571 - - 28,829 28,829 4,571 HELOCs 6,236 6,285 1,558 1,498 1,572 7,734 7,857 1,558 Personal 73,620 73,620 19,350 142 143 73,762 73,763 19,350 Auto 1,161 1,161 228 - - 1,161 1,161 228 Other 1,256 1,256 186 - - 1,256 1,256 186 Total Popular, Inc. $ 795,308 $ 867,932 $ 119,670 $ 249,787 $ 377,884 $ 1,045,095 $ 1,245,816 $ 119,670 For the quarter ended September 30, 2019 Puerto Rico Popular U.S. Popular, Inc. Average Interest Average Interest Average Interest recorded income recorded income recorded income (In thousands) investment recognized investment recognized investment recognized Commercial multi-family $ 1,641 $ 12 $ 2,309 $ - $ 3,950 $ 12 Commercial real estate non-owner occupied 182,078 2,561 - - 182,078 2,561 Commercial real estate owner occupied 138,325 1,698 720 - 139,045 1,698 Commercial and industrial 74,674 888 - - 74,674 888 Construction 1,031 - 11,060 - 12,091 - Mortgage 522,567 4,399 9,417 155 531,984 4,554 Leasing 745 - - - 745 - Consumer: Credit cards 26,346 - - - 26,346 - HELOCs - - 9,749 - 9,749 - Personal 69,103 64 107 - 69,210 64 Auto 742 - - - 742 - Other 939 - - - 939 - Total Popular, Inc. $ 1,018,191 $ 9,622 $ 33,362 $ 155 $ 1,051,553 $ 9,777 For the quarter ended September 30, 2018 Puerto Rico Popular U.S. Popular, Inc. Average Interest Average Interest Average Interest recorded income recorded income recorded income (In thousands) investment recognized investment recognized investment recognized Commercial multi-family $ 1,100 $ 9 $ - $ - $ 1,100 $ 9 Commercial real estate non-owner occupied 132,927 1,371 - - 132,927 1,371 Commercial real estate owner occupied 148,931 1,636 - - 148,931 1,636 Commercial and industrial 74,770 1,053 - - 74,770 1,053 Construction 2,194 - 17,884 - 20,078 - Mortgage 507,919 3,561 9,277 43 517,196 3,604 Leasing 1,031 - - - 1,031 - Consumer: Credit cards 31,998 - - - 31,998 - HELOCs - - 6,208 - 6,208 - Personal 72,353 65 768 - 73,121 65 Auto 1,067 - - - 1,067 - Other 1,136 - - - 1,136 - Total Popular, Inc. $ 975,426 $ 7,695 $ 34,137 $ 43 $ 1,009,563 $ 7,738 For the nine months ended September 30, 2019 Puerto Rico Popular U.S. Popular, Inc. Average Interest Average Interest Average Interest recorded income recorded income recorded income (In thousands) investment recognized investment recognized investment recognized Commercial multi-family $ 1,284 $ 36 $ 1,155 $ - $ 2,439 $ 36 Commercial real estate non-owner occupied 180,401 6,987 - - 180,401 6,987 Commercial real estate owner occupied 139,086 4,831 783 - 139,869 4,831 Commercial and industrial 72,668 2,744 - - 72,668 2,744 Construction 1,410 - 11,560 - 12,970 - Mortgage 517,492 12,423 9,423 296 526,915 12,719 Leasing 902 - - - 902 - Consumer: Credit cards 27,350 - - - 27,350 - HELOCs - - 8,855 - 8,855 - Personal 70,700 208 447 - 71,147 208 Auto 952 - - - 952 - Other 1,093 - - - 1,093 - Total Popular, Inc. $ 1,013,338 $ 27,229 $ 32,223 $ 296 $ 1,045,561 $ 27,525 For the nine months ended September 30, 2018 Puerto Rico Popular U.S. Popular, Inc. Average Interest Average Interest Average Interest recorded income recorded income recorded income (In thousands) investment recognized investment recognized investment recognized Commercial multi-family $ 634 $ 28 $ - $ - $ 634 $ 28 Commercial real estate non-owner occupied 128,143 4,278 - - 128,143 4,278 Commercial real estate owner occupied 151,192 4,786 - - 151,192 4,786 Commercial and industrial 67,775 2,793 - - 67,775 2,793 Construction 2,170 25 8,942 - 11,112 25 Mortgage 508,930 13,790 9,217 130 518,147 13,920 Leasing 1,220 - - - 1,220 - Consumer: Credit cards 32,734 - - - 32,734 - HELOCs - - 5,446 - 5,446 - Personal 67,049 320 769 - 67,818 320 Auto 1,476 - - - 1,476 - Other 1,246 - - - 1,246 - Total Popular, Inc. $ 962,569 $ 26,020 $ 24,374 $ 130 $ 986,943 $ 26,150
Schedule of Trouble Debt Restructurings breakdown by Accrual and Nonaccrual Status	September 30, 2019 December 31, 2018 (In thousands) Accruing Non-Accruing Total Related Allowance Accruing Non-Accruing Total Related Allowance Loans held-in-portfolio: Commercial $ 234,214 $ 116,508 $ 350,722 $ 15,971 $ 229,758 $ 130,921 $ 360,679 $ 46,889 Construction - 274 274 57 - 1,788 1,788 56 Mortgage 996,000 132,755 1,128,755 42,029 906,712 135,758 1,042,470 41,211 Leases 343 245 588 71 668 440 1,108 320 Consumer 86,115 15,914 102,029 22,260 94,193 15,651 109,844 24,523 Loans held-in-portfolio $ 1,316,672 $ 265,696 $ 1,582,368 $ 80,388 $ 1,231,331 $ 284,558 $ 1,515,889 $ 112,999
Troubled Debt Restructurings Loan Count By Type Of Modification	Popular, Inc. For the quarter ended September 30, 2019 For the nine months ended September 30, 2019 Reduction in interest rate Extension of maturity date Combination of reduction in interest rate and extension of maturity date Other Reduction in interest rate Extension of maturity date Combination of reduction in interest rate and extension of maturity date Other Commercial multi-family - - - - - 1 - - Commercial real estate non-owner occupied - 3 - - - 6 - - Commercial real estate owner occupied - 4 - - 1 19 - - Commercial and industrial 2 7 - - 2 41 - - Mortgage 2 43 207 3 33 98 494 5 Leasing - 1 1 - - 1 2 - Consumer: Credit cards 111 - 1 41 394 - 2 161 HELOCs - 2 2 - - 14 11 - Personal 183 1 - - 527 4 - 1 Auto - 1 - - - 5 1 - Other 7 - - - 22 - - - Total 305 62 211 44 979 189 510 167 Popular, Inc. For the quarter ended September 30, 2018 For the nine months ended September 30, 2018 Reduction in interest rate Extension of maturity date Combination of reduction in interest rate and extension of maturity date Other Reduction in interest rate Extension of maturity date Combination of reduction in interest rate and extension of maturity date Other Commercial multi-family - 1 - - - 2 - - Commercial real estate non-owner occupied 1 3 - - 3 14 - - Commercial real estate owner occupied 1 12 - - 4 54 - - Commercial and industrial 2 25 - - 6 75 - - Construction - - - - 1 - - - Mortgage 28 7 70 11 73 17 173 56 Leasing - - 3 - - - 4 - Consumer: Credit cards 115 - - 72 426 - 3 382 HELOCs - 8 1 1 - 20 8 1 Personal 511 1 - - 1,139 4 - - Auto - 4 1 - - 6 2 - Other 1 - 1 - 21 - 2 - Total 659 61 76 84 1,673 192 192 439
Troubled Debt Restructurings on Financing Receivables	For the quarter ended September 30, 2019 (Dollars in thousands) Loan count Pre-modification outstanding recorded investment Post-modification outstanding recorded investment Increase (decrease) in the allowance for loan losses as a result of modification Commercial real estate non-owner occupied 3 $ 16,822 $ 16,822 $ ( 86) Commercial real estate owner occupied 4 2,966 2,959 ( 48) Commercial and industrial 9 1,436 1,384 103 Mortgage 255 23,583 21,907 746 Leasing 2 237 238 - Consumer: Credit cards 153 1,375 1,355 109 HELOCs 4 276 246 25 Personal 184 2,546 2,544 677 Auto 1 7 7 1 Other 7 31 31 2 Total 622 $ 49,279 $ 47,493 $ 1,529 For the quarter ended September 30, 2018 (Dollars in thousands) Loan count Pre-modification outstanding recorded investment Post-modification outstanding recorded investment Increase (decrease) in the allowance for loan losses as a result of modification Commercial multi-family 1 $ 810 $ 808 $ 63 Commercial real estate non-owner occupied 4 1,523 1,521 100 Commercial real estate owner occupied 13 7,578 7,525 160 Commercial and industrial 27 2,411 2,388 139 Mortgage 116 15,143 13,507 640 Leasing 3 75 73 23 Consumer: Credit cards 187 1,693 1,838 234 HELOCs 10 913 906 66 Personal 512 8,026 8,025 2,660 Auto 5 63 63 11 Other 2 392 392 67 Total 880 $ 38,627 $ 37,046 $ 4,163 Popular, Inc. For the nine months ended September 30, 2019 (Dollars in thousands) Loan count Pre-modification outstanding recorded investment Post-modification outstanding recorded investment Increase (decrease) in the allowance for loan losses as a result of modification Commercial multi-family 1 $ 154 $ 116 $ ( 5) Commercial real estate non-owner occupied 6 19,389 19,379 721 Commercial real estate owner occupied 20 6,378 6,110 9 Commercial and industrial 43 9,749 10,219 888 Mortgage 630 64,533 58,818 2,104 Leasing 3 264 266 7 Consumer: Credit cards 557 4,690 4,823 466 HELOCs 25 2,359 2,256 345 Personal 532 8,836 8,839 2,312 Auto 6 70 73 13 Other 22 177 177 27 Total 1,845 $ 116,599 $ 111,076 $ 6,887 Popular, Inc. For the nine months ended September 30, 2018 (Dollars in thousands) Loan count Pre-modification outstanding recorded investment Post-modification outstanding recorded investment Increase (decrease) in the allowance for loan losses as a result of modification Commercial multi-family 2 $ 1,377 $ 1,375 $ 106 Commercial real estate non-owner occupied 17 28,969 28,908 6,854 Commercial real estate owner occupied 58 27,648 26,433 1,143 Commercial and industrial 81 49,633 48,882 13,963 Construction 1 4,210 4,293 474 Mortgage 319 40,741 36,442 1,874 Leasing 4 98 96 30 Consumer: Credit cards 811 8,097 8,642 1,086 HELOCs 29 2,638 2,579 440 Personal 1,143 18,351 18,346 5,390 Auto 8 139 122 21 Other 23 595 593 98 Total 2,496 $ 182,496 $ 176,711 $ 31,479
T D R Loans Subsequent Default	Popular, Inc. Defaulted during the quarter endedSeptember 30, 2019 Defaulted during the nine months ended September 30, 2019 (Dollars in thousands) Loan count Recorded investment as of first default date Loan count Recorded investment as of first default date Commercial real estate non-owner occupied - $ - 1 $ 47 Commercial real estate owner occupied 1 68 3 495 Commercial and industrial 1 34 4 7,082 Mortgage 32 2,099 31 3,148 Leasing - - 1 22 Consumer: Credit cards 68 551 222 2,063 Personal 62 1,144 163 4,768 Auto 2 24 2 24 Other 1 5 2 7 Total 167 $ 3,925 429 $ 17,656 Popular, Inc. Defaulted during the quarter endedSeptember 30, 2018 Defaulted during the nine months ended September 30, 2018 (Dollars in thousands) Loan count Recorded investment as of first default date Loan count Recorded investment as of first default date Commercial real estate non-owner occupied - $ - 1 $ 17 Commercial real estate owner occupied 1 255 4 392 Commercial and industrial 1 5 7 81 Mortgage 42 5,280 74 9,520 Consumer: Credit cards 86 707 150 2,301 HELOCs 1 144 1 144 Personal 27 362 67 1,656 Auto - - 3 79 Other 1 3 2 10 Total 159 $ 6,756 309 $ 14,200
Outstanding Balance, Net of unearned, of Non-Covered Loans Held-In-Portfolio Based on the Assignment of Obligor Risk Ratings	September 30, 2019 Special Pass/ (In thousands) Watch Mention Substandard Doubtful Loss Sub-total Unrated Total Puerto Rico Commercial multi-family $ 2,262 $ 3,604 $ 2,062 $ - $ - $ 7,928 $ 140,622 $ 148,550 Commercial real estate non-owner occupied 530,310 107,723 272,491 12,046 - 922,570 1,174,579 2,097,149 Commercial real estate owner occupied 201,442 218,294 202,055 1,711 - 623,502 993,595 1,617,097 Commercial and industrial 660,142 100,309 121,777 8,113 9 890,350 2,415,507 3,305,857 Total Commercial 1,394,156 429,930 598,385 21,870 9 2,444,350 4,724,303 7,168,653 Construction 947 - 20,535 - - 21,482 102,590 124,072 Mortgage 2,239 1,547 137,220 - - 141,006 6,094,570 6,235,576 Leasing - - 2,690 - 43 2,733 1,019,751 1,022,484 Consumer: Credit cards - - 16,459 - - 16,459 1,019,758 1,036,217 HELOCs - - 727 - 171 898 4,985 5,883 Personal 82 - 18,741 - - 18,823 1,330,780 1,349,603 Auto - - 22,736 - 217 22,953 2,824,805 2,847,758 Other 492 11 14,067 - - 14,570 127,766 142,336 Total Consumer 574 11 72,730 - 388 73,703 5,308,094 5,381,797 Total Puerto Rico $ 1,397,916 $ 431,488 $ 831,560 $ 21,870 $ 440 $ 2,683,274 $ 17,249,308 $ 19,932,582 Popular U.S. Commercial multi-family $ 70,392 $ 13,906 $ 8,591 $ - $ - $ 92,889 $ 1,507,725 $ 1,600,614 Commercial real estate non-owner occupied 82,184 36,279 101,886 - - 220,349 1,733,862 1,954,211 Commercial real estate owner occupied 31,949 14,542 7,133 - - 53,624 265,495 319,119 Commercial and industrial 23,671 366 50,251 - - 74,288 1,091,564 1,165,852 Total Commercial 208,196 65,093 167,861 - - 441,150 4,598,646 5,039,796 Construction 31,892 22,881 56,613 - - 111,386 518,598 629,984 Mortgage - - 9,517 - - 9,517 923,526 933,043 Legacy 454 209 1,837 - - 2,500 20,692 23,192 Consumer: Credit cards - - - - - - 78 78 HELOCs - - 2,246 - 7,872 10,118 114,384 124,502 Personal - - 1,379 - 291 1,670 322,435 324,105 Other - - 6 - - 6 687 693 Total Consumer - - 3,631 - 8,163 11,794 437,584 449,378 Total Popular U.S. $ 240,542 $ 88,183 $ 239,459 $ - $ 8,163 $ 576,347 $ 6,499,046 $ 7,075,393 Popular, Inc. Commercial multi-family $ 72,654 $ 17,510 $ 10,653 $ - $ - $ 100,817 $ 1,648,347 $ 1,749,164 Commercial real estate non-owner occupied 612,494 144,002 374,377 12,046 - 1,142,919 2,908,441 4,051,360 Commercial real estate owner occupied 233,391 232,836 209,188 1,711 - 677,126 1,259,090 1,936,216 Commercial and industrial 683,813 100,675 172,028 8,113 9 964,638 3,507,071 4,471,709 Total Commercial 1,602,352 495,023 766,246 21,870 9 2,885,500 9,322,949 12,208,449 Construction 32,839 22,881 77,148 - - 132,868 621,188 754,056 Mortgage 2,239 1,547 146,737 - - 150,523 7,018,096 7,168,619 Legacy 454 209 1,837 - - 2,500 20,692 23,192 Leasing - - 2,690 - 43 2,733 1,019,751 1,022,484 Consumer: Credit cards - - 16,459 - - 16,459 1,019,836 1,036,295 HELOCs - - 2,973 - 8,043 11,016 119,369 130,385 Personal 82 - 20,120 - 291 20,493 1,653,215 1,673,708 Auto - - 22,736 - 217 22,953 2,824,805 2,847,758 Other 492 11 14,073 - - 14,576 128,453 143,029 Total Consumer 574 11 76,361 - 8,551 85,497 5,745,678 5,831,175 Total Popular, Inc. $ 1,638,458 $ 519,671 $ 1,071,019 $ 21,870 $ 8,603 $ 3,259,621 $ 23,748,354 $ 27,007,975 The following table presents the weighted average obligor risk rating at September 30, 2019 for those classifications that consider a range of rating scales. Weighted average obligor risk rating (Scales 11 and 12) (Scales 1 through 8) Puerto Rico: Substandard Pass Commercial multi-family 11.87 6.02 Commercial real estate non-owner occupied 11.15 6.81 Commercial real estate owner occupied 11.35 7.27 Commercial and industrial 11.29 7.14 Total Commercial 11.25 7.07 Construction 11.01 7.85 Popular U.S. : Substandard Pass Commercial multi-family 11.24 7.36 Commercial real estate non-owner occupied 11.00 6.93 Commercial real estate owner occupied 11.04 7.47 Commercial and industrial 11.01 6.60 Total Commercial 11.02 7.02 Construction 11.18 7.72 Legacy 11.34 7.95 December 31, 2018 Special Pass/ (In thousands) Watch Mention Substandard Doubtful Loss Sub-total Unrated Total Puerto Rico Commercial multi-family $ 1,634 $ 4,548 $ 3,590 $ - $ - $ 9,772 $ 135,856 $ 145,628 Commercial real estate non-owner occupied 470,506 233,173 342,962 - - 1,046,641 1,275,960 2,322,601 Commercial real estate owner occupied 262,476 174,510 291,468 2,078 - 730,532 991,721 1,722,253 Commercial and industrial 655,092 130,641 156,515 177 73 942,498 2,239,663 3,182,161 Total Commercial 1,389,708 542,872 794,535 2,255 73 2,729,443 4,643,200 7,372,643 Construction 147 634 1,788 - - 2,569 83,386 85,955 Mortgage 3,057 2,182 154,506 - - 159,745 6,273,578 6,433,323 Leasing - - 3,301 - 12 3,313 931,460 934,773 Consumer: Credit cards - - 16,035 - - 16,035 1,031,238 1,047,273 HELOCs - - 165 - - 165 5,186 5,351 Personal 849 19 18,827 - - 19,695 1,230,930 1,250,625 Auto - - 24,093 - 84 24,177 2,584,608 2,608,785 Other - - 14,743 - 215 14,958 129,786 144,744 Total Consumer 849 19 73,863 - 299 75,030 4,981,748 5,056,778 Total Puerto Rico $ 1,393,761 $ 545,707 $ 1,027,993 $ 2,255 $ 384 $ 2,970,100 $ 16,913,372 $ 19,883,472 Popular U.S. Commercial multi-family $ 85,901 $ 7,123 $ 6,979 $ - $ - $ 100,003 $ 1,301,537 $ 1,401,540 Commercial real estate non-owner occupied 152,635 9,839 46,555 - - 209,029 1,672,715 1,881,744 Commercial real estate owner occupied 49,415 23,963 2,394 - - 75,772 223,167 298,939 Commercial and industrial 5,825 1,084 76,459 - - 83,368 1,004,785 1,088,153 Total Commercial 293,776 42,009 132,387 - - 468,172 4,202,204 4,670,376 Construction 35,375 37,741 58,005 - - 131,121 562,373 693,494 Mortgage - - 11,032 - - 11,032 790,903 801,935 Legacy 534 224 2,409 - - 3,167 22,782 25,949 Consumer: Credit cards - - - - - - 38 38 HELOCs - - 2,615 - 10,964 13,579 129,473 143,052 Personal - - 1,910 - 701 2,611 286,738 289,349 Other - - 4 - - 4 220 224 Total Consumer - - 4,529 - 11,665 16,194 416,469 432,663 Total Popular U.S. $ 329,685 $ 79,974 $ 208,362 $ - $ 11,665 $ 629,686 $ 5,994,731 $ 6,624,417 Popular, Inc. Commercial multi-family $ 87,535 $ 11,671 $ 10,569 $ - $ - $ 109,775 $ 1,437,393 $ 1,547,168 Commercial real estate non-owner occupied 623,141 243,012 389,517 - - 1,255,670 2,948,675 4,204,345 Commercial real estate owner occupied 311,891 198,473 293,862 2,078 - 806,304 1,214,888 2,021,192 Commercial and industrial 660,917 131,725 232,974 177 73 1,025,866 3,244,448 4,270,314 Total Commercial 1,683,484 584,881 926,922 2,255 73 3,197,615 8,845,404 12,043,019 Construction 35,522 38,375 59,793 - - 133,690 645,759 779,449 Mortgage 3,057 2,182 165,538 - - 170,777 7,064,481 7,235,258 Legacy 534 224 2,409 - - 3,167 22,782 25,949 Leasing - - 3,301 - 12 3,313 931,460 934,773 Consumer: Credit cards - - 16,035 - - 16,035 1,031,276 1,047,311 HELOCs - - 2,780 - 10,964 13,744 134,659 148,403 Personal 849 19 20,737 - 701 22,306 1,517,668 1,539,974 Auto - - 24,093 - 84 24,177 2,584,608 2,608,785 Other - - 14,747 - 215 14,962 130,006 144,968 Total Consumer 849 19 78,392 - 11,964 91,224 5,398,217 5,489,441 Total Popular, Inc. $ 1,723,446 $ 625,681 $ 1,236,355 $ 2,255 $ 12,049 $ 3,599,786 $ 22,908,103 $ 26,507,889 The following table presents the weighted average obligor risk rating at December 31, 2018 for those classifications that consider a range of rating scales. Weighted average obligor risk rating (Scales 11 and 12) (Scales 1 through 8) Puerto Rico: Substandard Pass Commercial multi-family 11.20 6.02 Commercial real estate non-owner occupied 11.11 6.93 Commercial real estate owner occupied 11.29 7.25 Commercial and industrial 11.33 7.15 Total Commercial 11.22 7.09 Construction 12.00 7.64 Popular U.S.: Substandard Pass Commercial multi-family 11.00 7.39 Commercial real estate non-owner occupied 11.01 6.82 Commercial real estate owner occupied 11.16 7.55 Commercial and industrial 11.96 7.26 Total Commercial 11.56 7.14 Construction 11.21 7.85 Legacy 11.17 7.94
Allowance for credit losses on financing receivables	For the quarter ended September 30, 2019 Puerto Rico (In thousands) Commercial Construction Mortgage Leasing Consumer Total Allowance for credit losses: Beginning balance $ 190,227 $ 2,996 $ 127,930 $ 6,907 $ 148,131 $ 476,191 Provision (reversal of provision) ( 18,036) ( 4,916) 6,494 3,739 47,198 34,479 Charge-offs ( 15,419) ( 27) ( 13,886) ( 4,040) ( 46,398) ( 79,770) Recoveries 4,787 3,013 1,197 587 10,286 19,870 Ending balance $ 161,559 $ 1,066 $ 121,735 $ 7,193 $ 159,217 $ 450,770 Specific ALLL $ 30,130 $ 57 $ 40,483 $ 71 $ 21,009 $ 91,750 General ALLL $ 131,429 $ 1,009 $ 81,252 $ 7,122 $ 138,208 $ 359,020 Loans held-in-portfolio: Impaired loans $ 407,124 $ 274 $ 523,876 $ 624 $ 95,356 $ 1,027,254 Loans held-in-portfolio excluding impaired loans 6,761,529 123,798 5,711,700 1,021,860 5,286,441 18,905,328 Total loans held-in-portfolio $ 7,168,653 $ 124,072 $ 6,235,576 $ 1,022,484 $ 5,381,797 $ 19,932,582 For the quarter ended September 30, 2019 Popular U.S. (In thousands) Commercial Construction Mortgage Legacy Consumer Total Allowance for credit losses: Beginning balance $ 35,302 $ 6,887 $ 4,586 $ 774 $ 19,926 $ 67,475 Provision (reversal of provision) ( 2,507) 2,826 288 ( 280) 1,733 2,060 Charge-offs ( 5,912) ( 2,215) - ( 2) ( 4,619) ( 12,748) Recoveries 2,279 - 18 299 2,212 4,808 Ending balance $ 29,162 $ 7,498 $ 4,892 $ 791 $ 19,252 $ 61,595 Specific ALLL $ - $ - $ 2,385 $ - $ 1,711 $ 4,096 General ALLL $ 29,162 $ 7,498 $ 2,507 $ 791 $ 17,541 $ 57,499 Loans held-in-portfolio: Impaired loans $ 2,097 $ 10,060 $ 9,441 $ - $ 9,761 $ 31,359 Loans held-in-portfolio excluding impaired loans 5,037,699 619,924 923,602 23,192 439,617 7,044,034 Total loans held-in-portfolio $ 5,039,796 $ 629,984 $ 933,043 $ 23,192 $ 449,378 $ 7,075,393 For the quarter ended September 30, 2019 Popular, Inc. (In thousands) Commercial Construction Mortgage Legacy Leasing Consumer Total Allowance for credit losses: Beginning balance $ 225,529 $ 9,883 $ 132,516 $ 774 $ 6,907 $ 168,057 $ 543,666 Provision (reversal of provision) ( 20,543) ( 2,090) 6,782 ( 280) 3,739 48,931 36,539 Charge-offs ( 21,331) ( 2,242) ( 13,886) ( 2) ( 4,040) ( 51,017) ( 92,518) Recoveries 7,066 3,013 1,215 299 587 12,498 24,678 Ending balance $ 190,721 $ 8,564 $ 126,627 $ 791 $ 7,193 $ 178,469 $ 512,365 Specific ALLL $ 30,130 $ 57 $ 42,868 $ - $ 71 $ 22,720 $ 95,846 General ALLL $ 160,591 $ 8,507 $ 83,759 $ 791 $ 7,122 $ 155,749 $ 416,519 Loans held-in-portfolio: Impaired loans $ 409,221 $ 10,334 $ 533,317 $ - $ 624 $ 105,117 $ 1,058,613 Loans held-in-portfolio excluding impaired loans 11,799,228 743,722 6,635,302 23,192 1,021,860 5,726,058 25,949,362 Total loans held-in-portfolio $ 12,208,449 $ 754,056 $ 7,168,619 $ 23,192 $ 1,022,484 $ 5,831,175 $ 27,007,975 For the nine months ended September 30, 2019 Puerto Rico (In thousands) Commercial Construction Mortgage Leasing Consumer Total Allowance for credit losses: Beginning balance $ 207,214 $ 886 $ 142,978 $ 11,486 $ 144,594 $ 507,158 Provision (reversal of provision) ( 18,245) ( 2,877) 11,342 2,276 102,412 94,908 Charge-offs ( 40,275) ( 79) ( 37,056) ( 8,467) ( 120,187) ( 206,064) Recoveries 12,865 3,136 4,471 1,898 32,398 54,768 Ending balance $ 161,559 $ 1,066 $ 121,735 $ 7,193 $ 159,217 $ 450,770 Specific ALLL $ 30,130 $ 57 $ 40,483 $ 71 $ 21,009 $ 91,750 General ALLL $ 131,429 $ 1,009 $ 81,252 $ 7,122 $ 138,208 $ 359,020 Loans held-in-portfolio: Impaired loans $ 407,124 $ 274 $ 523,876 $ 624 $ 95,356 $ 1,027,254 Loans held-in-portfolio excluding impaired loans 6,761,529 123,798 5,711,700 1,021,860 5,286,441 18,905,328 Total loans held-in-portfolio $ 7,168,653 $ 124,072 $ 6,235,576 $ 1,022,484 $ 5,381,797 $ 19,932,582 For the nine months ended September 30, 2019 Popular U.S. (In thousands) Commercial Construction Mortgage Legacy Consumer Total Allowance for credit losses: Beginning balance $ 31,901 $ 6,538 $ 4,434 $ 969 $ 18,348 $ 62,190 Provision (reversal of provision) 9,519 3,167 899 ( 1,467) 11,529 23,647 Charge-offs ( 15,737) ( 2,215) ( 594) 142 ( 15,879) ( 34,283) Recoveries 3,479 8 153 1,147 5,254 10,041 Ending balance $ 29,162 $ 7,498 $ 4,892 $ 791 $ 19,252 $ 61,595 Specific ALLL $ - $ - $ 2,385 $ - $ 1,711 $ 4,096 General ALLL $ 29,162 $ 7,498 $ 2,507 $ 791 $ 17,541 $ 57,499 Loans held-in-portfolio: Impaired loans $ 2,097 $ 10,060 $ 9,441 $ - $ 9,761 $ 31,359 Loans held-in-portfolio excluding impaired loans 5,037,699 619,924 923,602 23,192 439,617 7,044,034 Total loans held-in-portfolio $ 5,039,796 $ 629,984 $ 933,043 $ 23,192 $ 449,378 $ 7,075,393 For the nine months ended September 30, 2019 Popular, Inc. (In thousands) Commercial Construction Mortgage Legacy Leasing Consumer Total Allowance for credit losses: Beginning balance $ 239,115 $ 7,424 $ 147,412 $ 969 $ 11,486 $ 162,942 $ 569,348 Provision (reversal of provision) ( 8,726) 290 12,241 ( 1,467) 2,276 113,941 118,555 Charge-offs ( 56,012) ( 2,294) ( 37,650) 142 ( 8,467) ( 136,066) ( 240,347) Recoveries 16,344 3,144 4,624 1,147 1,898 37,652 64,809 Ending balance $ 190,721 $ 8,564 $ 126,627 $ 791 $ 7,193 $ 178,469 $ 512,365 Specific ALLL $ 30,130 $ 57 $ 42,868 $ - $ 71 $ 22,720 $ 95,846 General ALLL $ 160,591 $ 8,507 $ 83,759 $ 791 $ 7,122 $ 155,749 $ 416,519 Loans held-in-portfolio: Impaired loans $ 409,221 $ 10,334 $ 533,317 $ - $ 624 $ 105,117 $ 1,058,613 Loans held-in-portfolio excluding impaired loans 11,799,228 743,722 6,635,302 23,192 1,021,860 5,726,058 25,949,362 Total loans held-in-portfolio $ 12,208,449 $ 754,056 $ 7,168,619 $ 23,192 $ 1,022,484 $ 5,831,175 $ 27,007,975 For the quarter ended September 30, 2018 Puerto Rico (In thousands) Commercial Construction Mortgage Leasing Consumer Total Allowance for credit losses: Beginning balance $ 190,926 $ 765 $ 182,103 $ 14,285 $ 179,066 $ 567,145 Provision (reversal of provision) 21,548 ( 12) 10,145 ( 422) 20,618 51,877 Charge-offs ( 7,335) ( 21) ( 23,526) ( 2,088) ( 42,180) ( 75,150) Recoveries 4,966 146 1,564 531 9,097 16,304 Ending balance $ 210,105 $ 878 $ 170,286 $ 12,306 $ 166,601 $ 560,176 Specific ALLL $ 52,250 $ - $ 43,841 $ 297 $ 24,906 $ 121,294 General ALLL $ 157,855 $ 878 $ 126,445 $ 12,009 $ 141,695 $ 438,882 Loans held-in-portfolio: Impaired loans $ 356,007 $ 1,829 $ 508,258 $ 931 $ 107,184 $ 974,209 Loans held-in-portfolio excluding impaired loans 7,051,469 75,964 6,023,018 902,609 4,796,084 18,849,144 Total loans held-in-portfolio $ 7,407,476 $ 77,793 $ 6,531,276 $ 903,540 $ 4,903,268 $ 19,823,353 For the quarter ended September 30, 2018 Popular U.S. (In thousands) Commercial Construction Mortgage Legacy Consumer Total Allowance for credit losses: Beginning balance $ 50,920 $ 6,937 $ 4,363 $ 700 $ 12,953 $ 75,873 Provision (reversal of provision) ( 14,744) 7,305 ( 65) ( 1,008) 11,022 2,510 Charge-offs ( 2,792) - ( 17) ( 81) ( 5,015) ( 7,905) Recoveries 1,051 - 20 766 1,227 3,064 Ending balance $ 34,435 $ 14,242 $ 4,301 $ 377 $ 20,187 $ 73,542 Specific ALLL $ - $ 5,530 $ 2,364 $ - $ 1,349 $ 9,243 General ALLL $ 34,435 $ 8,712 $ 1,937 $ 377 $ 18,838 $ 64,299 Loans held-in-portfolio: Impaired loans $ - $ 17,866 $ 8,825 $ - $ 7,388 $ 34,079 Loans held-in-portfolio excluding impaired loans 4,586,231 847,706 764,069 27,566 429,164 6,654,736 Total loans held-in-portfolio $ 4,586,231 $ 865,572 $ 772,894 $ 27,566 $ 436,552 $ 6,688,815 For the quarter ended September 30, 2018 Popular, Inc. (In thousands) Commercial Construction Mortgage Legacy Leasing Consumer Total Allowance for credit losses: Beginning balance $ 241,846 $ 7,702 $ 186,466 $ 700 $ 14,285 $ 192,019 $ 643,018 Provision (reversal of provision) 6,804 7,293 10,080 ( 1,008) ( 422) 31,640 54,387 Charge-offs ( 10,127) ( 21) ( 23,543) ( 81) ( 2,088) ( 47,195) ( 83,055) Recoveries 6,017 146 1,584 766 531 10,324 19,368 Ending balance $ 244,540 $ 15,120 $ 174,587 $ 377 $ 12,306 $ 186,788 $ 633,718 Specific ALLL $ 52,250 $ 5,530 $ 46,205 $ - $ 297 $ 26,255 $ 130,537 General ALLL $ 192,290 $ 9,590 $ 128,382 $ 377 $ 12,009 $ 160,533 $ 503,181 Loans held-in-portfolio: Impaired loans $ 356,007 $ 19,695 $ 517,083 $ - $ 931 $ 114,572 $ 1,008,288 Loans held-in-portfolio excluding impaired loans 11,637,700 923,670 6,787,087 27,566 902,609 5,225,248 25,503,880 Total loans held-in-portfolio $ 11,993,707 $ 943,365 $ 7,304,170 $ 27,566 $ 903,540 $ 5,339,820 $ 26,512,168 For the nine months ended September 30, 2018 Puerto Rico - Non-covered loans (In thousands) Commercial Construction Mortgage Leasing Consumer Total Allowance for credit losses: Beginning balance $ 171,531 $ 1,286 $ 159,081 $ 11,991 $ 174,215 $ 518,104 Provision (reversal of provision) 52,846 ( 1,042) 24,564 5,022 71,610 153,000 Charge-offs ( 25,626) 9 ( 50,164) ( 6,404) ( 101,703) ( 183,888) Recoveries 11,354 625 3,383 1,697 22,291 39,350 Allowance transferred from covered loans - - 33,422 - 188 33,610 Ending balance $ 210,105 $ 878 $ 170,286 $ 12,306 $ 166,601 $ 560,176 Specific ALLL $ 52,250 $ - $ 43,841 $ 297 $ 24,906 $ 121,294 General ALLL $ 157,855 $ 878 $ 126,445 $ 12,009 $ 141,695 $ 438,882 Loans held-in-portfolio: Impaired non-covered loans $ 356,007 $ 1,829 $ 508,258 $ 931 $ 107,184 $ 974,209 Non-covered loans held-in-portfolio excluding impaired loans 7,051,469 75,964 6,023,018 902,609 4,796,084 18,849,144 Total non-covered loans held-in-portfolio $ 7,407,476 $ 77,793 $ 6,531,276 $ 903,540 $ 4,903,268 $ 19,823,353 For the nine months ended September 30, 2018 Puerto Rico - Covered Loans (In thousands) Commercial Construction Mortgage Leasing Consumer Total Allowance for credit losses: Beginning balance $ - $ - $ 32,521 $ - $ 723 $ 33,244 Provision (reversal of provision) - - 2,265 - ( 535) 1,730 Charge-offs - - ( 1,446) - ( 2) ( 1,448) Recoveries - - 82 - 2 84 Allowance transferred to non-covered loans - - ( 33,422) - ( 188) ( 33,610) Ending balance $ - $ - $ - $ - $ - $ - Specific ALLL $ - $ - $ - $ - $ - $ - General ALLL $ - $ - $ - $ - $ - $ - Loans held-in-portfolio: Impaired covered loans $ - $ - $ - $ - $ - $ - Covered loans held-in-portfolio excluding impaired loans - - - - - - Total covered loans held-in-portfolio $ - $ - $ - $ - $ - $ - For the nine months ended September 30, 2018 Popular U.S. (In thousands) Commercial Construction Mortgage Legacy Consumer Total Allowance for credit losses: Beginning balance $ 44,134 $ 7,076 $ 4,541 $ 798 $ 15,529 $ 72,078 Provision (reversal of provision) 9,004 7,166 ( 529) ( 1,714) 16,847 30,774 Charge-offs ( 22,435) - ( 160) ( 252) ( 16,329) ( 39,176) Recoveries 3,732 - 449 1,545 4,140 9,866 Ending balance $ 34,435 $ 14,242 $ 4,301 $ 377 $ 20,187 $ 73,542 Specific ALLL $ - $ 5,530 $ 2,364 $ - $ 1,349 $ 9,243 General ALLL $ 34,435 $ 8,712 $ 1,937 $ 377 $ 18,838 $ 64,299 Loans held-in-portfolio: Impaired loans $ - $ 17,866 $ 8,825 $ - $ 7,388 $ 34,079 Loans held-in-portfolio excluding impaired loans 4,586,231 847,706 764,069 27,566 429,164 6,654,736 Total loans held-in-portfolio $ 4,586,231 $ 865,572 $ 772,894 $ 27,566 $ 436,552 $ 6,688,815 For the nine months ended September 30, 2018 Popular, Inc. (In thousands) Commercial Construction Mortgage Legacy Leasing Consumer Total Allowance for credit losses: Beginning balance $ 215,665 $ 8,362 $ 196,143 $ 798 $ 11,991 $ 190,467 $ 623,426 Provision (reversal of provision) 61,850 6,124 26,300 ( 1,714) 5,022 87,922 185,504 Charge-offs ( 48,061) 9 ( 51,770) ( 252) ( 6,404) ( 118,034) ( 224,512) Recoveries 15,086 625 3,914 1,545 1,697 26,433 49,300 Ending balance $ 244,540 $ 15,120 $ 174,587 $ 377 $ 12,306 $ 186,788 $ 633,718 Specific ALLL $ 52,250 $ 5,530 $ 46,205 $ - $ 297 $ 26,255 $ 130,537 General ALLL $ 192,290 $ 9,590 $ 128,382 $ 377 $ 12,009 $ 160,533 $ 503,181 Loans held-in-portfolio: Impaired loans $ 356,007 $ 19,695 $ 517,083 $ - $ 931 $ 114,572 $ 1,008,288 Loans held-in-portfolio excluding impaired loans 11,637,700 923,670 6,787,087 27,566 902,609 5,225,248 25,503,880 Total loans held-in-portfolio $ 11,993,707 $ 943,365 $ 7,304,170 $ 27,566 $ 903,540 $ 5,339,820 $ 26,512,168
ASC Subtopic 310-30
Allowance for credit losses on financing receivables	ASC 310-30 For the quarters ended For the nine months ended (In thousands) September 30, 2019 September 30, 2018 September 30, 2019 September 30, 2018 Balance at beginning of period $ 120,818 $ 156,328 $ 122,135 $ 119,505 Provision (reversal of provision) ( 14,617) 17,854 ( 2,007) 78,317 Net charge-offs ( 11,591) ( 5,623) ( 25,518) ( 29,263) Balance at end of period $ 94,610 $ 168,559 $ 94,610 $ 168,559

FDIC loss share asset and tru_2

FDIC loss share asset and true up payment obligation (Tables)	9 Months Ended
	Sep. 30, 2019
Table Text Block
FDIC Indemnification Asset Roll Forward	Nine months ended (In thousands) September 30, 2018 Balance at beginning of period $ 46,316 FDIC loss-share Termination Agreement ( 45,659) Amortization ( 934) Credit impairment losses to be covered under loss-sharing agreements 104 Reimbursable expenses 537 Net payments from FDIC under loss-sharing agreements ( 364) Balance at end of period $ - Balance due to the FDIC for recoveries on covered assets - Balance at end of period $ -

Mortgage banking activities (Ta

Mortgage banking activities (Tables)	9 Months Ended
	Sep. 30, 2019
Mortgage Banking [Abstract]
Mortgage Banking Activities	Quarters ended September 30, Nine months ended September 30, (In thousands) 2019 2018 2019 2018 Mortgage servicing fees, net of fair value adjustments: Mortgage servicing fees $ 11,797 $ 12,324 $ 35,400 $ 37,205 Mortgage servicing rights fair value adjustments ( 4,842) ( 4,194) ( 25,853) ( 13,123) Total mortgage servicing fees, net of fair value adjustments 6,955 8,130 9,547 24,082 Net gain on sale of loans, including valuation on loans held-for-sale 5,421 3,014 14,653 6,531 Trading account (loss) profit: Unrealized (losses) gains on outstanding derivative positions 227 45 - ( 131) Realized (losses) gains on closed derivative positions ( 2,111) 80 ( 5,555) 2,926 Total trading account (loss) profit ( 1,884) 125 ( 5,555) 2,795 Total mortgage banking activities $ 10,492 $ 11,269 $ 18,645 $ 33,408

Transfers of financial assets_2

Transfers of financial assets and mortgage servicing assets (Tables)	9 Months Ended
	Sep. 30, 2019
Transfers and Servicing of Financial Assets
Schedule Of Securitizations Of Financial Assets Accounted For As Sale [Text Block]	Proceeds Obtained During the Quarter Ended September 30, 2019 (In thousands) Level 1 Level 2 Level 3 Initial Fair Value Assets Trading account debt securities: Mortgage-backed securities - GNMA $ - $ 88,139 $ - $ 88,139 Mortgage-backed securities - FNMA - 32,519 - 32,519 Total trading account debt securities $ - $ 120,658 $ - $ 120,658 Mortgage servicing rights $ - $ - $ 2,216 $ 2,216 Total $ - $ 120,658 $ 2,216 $ 122,874 Proceeds Obtained During the Nine Months Ended September 30, 2019 (In thousands) Level 1 Level 2 Level 3 Initial Fair Value Assets Trading account debt securities: Mortgage-backed securities - GNMA $ - $ 247,091 $ - $ 247,091 Mortgage-backed securities - FNMA - 84,021 - 84,021 Total trading account debt securities $ - $ 331,112 $ - $ 331,112 Mortgage servicing rights $ - $ - $ 6,028 $ 6,028 Total $ - $ 331,112 $ 6,028 $ 337,140 Proceeds Obtained During the Quarter Ended September 30, 2018 (In thousands) Level 1 Level 2 Level 3 Initial Fair Value Assets Debt securities available-for-sale: Mortgage-backed securities - FNMA $ - $ 2,498 $ - $ 2,498 Total debt securities available-for-sale $ - $ 2,498 $ - $ 2,498 Trading account debt securities: Mortgage-backed securities - GNMA $ - $ 109,911 $ - $ 109,911 Mortgage-backed securities - FNMA - 23,625 - 23,625 Total trading account debt securities $ - $ 133,536 $ - $ 133,536 Mortgage servicing rights $ - $ - $ 2,625 $ 2,625 Total $ - $ 136,034 $ 2,625 $ 138,659 Proceeds Obtained During the Nine Months Ended September 30, 2018 (In thousands) Level 1 Level 2 Level 3 Initial Fair Value Assets Debt securities available-for-sale: Mortgage-backed securities - FNMA $ - $ 9,458 $ - $ 9,458 Total debt securities available-for-sale $ - $ 9,458 $ - $ 9,458 Trading account debt securities: Mortgage-backed securities - GNMA $ - $ 319,769 $ - $ 319,769 Mortgage-backed securities - FNMA - 62,853 - 62,853 Total trading account debt securities $ - $ 382,622 $ - $ 382,622 Mortgage servicing rights $ - $ - $ 7,198 $ 7,198 Total $ - $ 392,080 $ 7,198 $ 399,278
Schedule Of Servicing Assets At Fair Value Text Block	Residential MSRs (In thousands) September 30, 2019 September 30, 2018 Fair value at beginning of period $ 169,777 $ 168,031 Additions 6,728 7,871 Changes due to payments on loans [1] ( 8,449) ( 10,194) Reduction due to loan repurchases ( 1,411) ( 2,929) Changes in fair value due to changes in valuation model inputs or assumptions ( 15,993) - Fair value at end of period $ 150,652 $ 162,779 [1] Represents changes due to collection / realization of expected cash flows over time.
Schedule Of Assumptions For Fair Value On Securitization Date Of Interests Continued To Be Held By Transferor Servicing Assets Or Servicing Liabilities Text Block	Quarters ended Nine months ended September 30, 2019 September 30, 2018 September 30, 2019 September 30, 2018 Prepayment speed 6.8 % 4.4 % 6.9 % 4.4 % Weighted average life (in years) 9.6 11.4 9.6 11.4 Discount rate (annual rate) 10.8 % 11.0 % 10.9 % 11.1 %
Schedule of Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets	Originated MSRs Purchased MSRs September 30, December 31, September 30, December 31, (In thousands) 2019 2018 2019 2018 Fair value of servicing rights $ 59,798 $ 69,400 $ 90,854 $ 100,377 Weighted average life (in years) 6.5 7.1 6.0 6.6 Weighted average prepayment speed (annual rate) 6.4 % 5.1 % 7.0 % 5.5 % Impact on fair value of 10% adverse change $ ( 1,536) $ ( 1,430) $ ( 2,562) $ ( 2,200) Impact on fair value of 20% adverse change $ ( 3,017) $ ( 2,817) $ ( 5,014) $ ( 4,328) Weighted average discount rate (annual rate) 11.4 % 11.5 % 11.0 % 11.0 % Impact on fair value of 10% adverse change $ ( 2,375) $ ( 3,125) $ ( 3,443) $ ( 4,354) Impact on fair value of 20% adverse change $ ( 4,585) $ ( 6,019) $ ( 6,656) $ ( 8,394)

Other Real Estate Owned (Tables

Other Real Estate Owned (Tables)	9 Months Ended
	Sep. 30, 2019
Other Real Estate [Abstract]
Other Real Estate Owned Roll Forward [Table Text Block]	For the quarter ended September 30, 2019 Non-covered Non-covered OREO OREO (In thousands) Commercial/Construction Mortgage Total Balance at beginning of period $ 18,548 $ 100,303 $ 118,851 Write-downs in value ( 348) ( 745) ( 1,093) Additions 1,080 16,572 17,652 Sales ( 2,069) ( 15,182) ( 17,251) Other adjustments - ( 231) ( 231) Ending balance $ 17,211 $ 100,717 $ 117,928 For the nine months ended September 30, 2019 Non-covered Non-covered OREO OREO (In thousands) Commercial/Construction Mortgage Total Balance at beginning of period $ 21,794 $ 114,911 $ 136,705 Write-downs in value ( 1,327) ( 3,896) ( 5,223) Additions 4,259 41,042 45,301 Sales ( 7,515) ( 50,742) ( 58,257) Other adjustments - ( 598) ( 598) Ending balance $ 17,211 $ 100,717 $ 117,928 For the quarter ended September 30, 2018 Non-covered Non-covered OREO OREO (In thousands) Commercial/Construction Mortgage Total Balance at beginning of period $ 25,262 $ 116,801 $ 142,063 Write-downs in value ( 487) ( 2,584) ( 3,071) Additions 2,006 11,517 13,523 Sales ( 1,309) ( 17,296) ( 18,605) Other adjustments - ( 130) ( 130) Ending balance $ 25,472 $ 108,308 $ 133,780 For the nine months ended September 30, 2018 Non-covered Non-covered Covered OREO OREO OREO (In thousands) Commercial/Construction Mortgage Mortgage Total Balance at beginning of period $ 21,411 $ 147,849 $ 19,595 $ 188,855 Write-downs in value ( 1,889) ( 9,123) ( 287) ( 11,299) Additions 9,047 17,047 - 26,094 Sales ( 3,932) ( 62,051) ( 3,282) ( 69,265) Other adjustments 835 ( 747) ( 693) ( 605) Transfer to non-covered status [1] - 15,333 ( 15,333) - Ending balance $ 25,472 $ 108,308 $ - $ 133,780 [1] Represents the reclassification of OREOs to the non-covered category, pursuant to the Termination Agreement of all shared-loss agreements with the Federal Deposit Insurance Corporation related to loans acquired from Westernbank, that was completed on May 22, 2018.

Other assets (Tables)

Other assets (Tables)	9 Months Ended
	Sep. 30, 2019
Other Assets Abstract
Schedule Of Other Assets Table Text Block	(In thousands) September 30, 2019 December 31, 2018 Net deferred tax assets (net of valuation allowance) $ 909,638 $ 1,049,895 Investments under the equity method 236,551 228,072 Prepaid taxes 38,622 33,842 Other prepaid expenses 91,115 82,742 Derivative assets 15,234 13,603 Trades receivable from brokers and counterparties 67,050 40,088 Principal, interest and escrow servicing advances 84,060 88,371 Guaranteed mortgage loan claims receivable 95,424 59,613 Operating ROU assets (Note 29) 137,076 - Finance ROU assets (Note 29) 12,663 - Others 123,757 117,908 Total other assets $ 1,811,190 $ 1,714,134

Goodwill and other intangible_2

Goodwill and other intangible assets (Tables)	9 Months Ended
	Sep. 30, 2019
Goodwill and Intangible Assets Disclosure
Carrying Amount of Goodwill by Reportable Segments and Corporate Group	2018 Purchase Balance at Goodwill on accounting Goodwill Balance at (In thousands) January 1, 2018 acquisition adjustments impairment September 30, 2018 Banco Popular de Puerto Rico $ 276,420 $ 60,242 $ - $ - $ 336,662 Popular U.S. 350,874 - - - 350,874 Total Popular, Inc. $ 627,294 $ 60,242 $ - $ - $ 687,536 September 30, 2019 Balance at Balance at Balance at Balance at January 1, Accumulated January 1, September 30, Accumulated September 30, 2019 impairment 2019 2019 impairment 2019 (In thousands) (gross amounts) losses (net amounts) (gross amounts) losses (net amounts) Banco Popular de Puerto Rico $ 324,049 $ 3,801 $ 320,248 $ 324,049 $ 3,801 $ 320,248 Popular U.S. 515,285 164,411 350,874 515,285 164,411 350,874 Total Popular, Inc. $ 839,334 $ 168,212 $ 671,122 $ 839,334 $ 168,212 $ 671,122 December 31, 2018 Balance at Balance at Balance at Balance at January 1, Accumulated January 1, December 31, Accumulated December 31, 2018 impairment 2018 2018 impairment 2018 (In thousands) (gross amounts) losses (net amounts) (gross amounts) losses (net amounts) Banco Popular de Puerto Rico $ 280,221 $ 3,801 $ 276,420 $ 324,049 $ 3,801 $ 320,248 Popular U.S. 515,285 164,411 350,874 515,285 164,411 350,874 Total Popular, Inc. $ 795,506 $ 168,212 $ 627,294 $ 839,334 $ 168,212 $ 671,122
Schedule Of Finite Lived Intangible Assets By Major Class Text Block	Gross Carrying Accumulated Net Carrying (In thousands) Amount Amortization Value September 30, 2019 Core deposits $ 37,224 $ 28,861 $ 8,363 Other customer relationships 36,644 30,065 6,579 Trademark 488 114 374 Total other intangible assets $ 74,356 $ 59,040 $ 15,316 December 31, 2018 Core deposits $ 37,224 $ 26,070 $ 11,154 Other customer relationships 34,915 25,847 9,068 Trademark 488 41 447 Total other intangible assets $ 72,627 $ 51,958 $ 20,669
Schedule Of Expected Amortization Expense Table Text Block	(In thousands) Remaining 2019 $ 2,288 Year 2020 5,410 Year 2021 2,600 Year 2022 1,724 Year 2023 1,684 Later years 1,610

Deposits (Tables)

Deposits (Tables)	9 Months Ended
	Sep. 30, 2019
Deposits [Abstract]
Interest bearing deposits	(In thousands) September 30, 2019 December 31, 2018 Savings accounts $ 10,602,678 $ 9,722,824 NOW, money market and other interest bearing demand deposits 16,995,390 13,221,415 Total savings, NOW, money market and other interest bearing demand deposits 27,598,068 22,944,239 Certificates of deposit: Under $100,000 3,259,238 3,260,330 $100,000 and over 4,536,919 4,356,434 Total certificates of deposit 7,796,157 7,616,764 Total interest bearing deposits $ 35,394,225 $ 30,561,003
Summary Of Certificates Of Deposit By Maturity Disclosures	(In thousands) 2019 $ 2,444,749 2020 2,429,159 2021 1,094,553 2022 734,807 2023 514,984 2024 and thereafter 577,905 Total certificates of deposit $ 7,796,157

Borrowings (Tables)

Borrowings (Tables) - Debt Instrument [Domain]	9 Months Ended
	Sep. 30, 2019
Schedule of Repurchase Agreements [Table Text Block]	September 30, 2019 December 31, 2018 Repurchase Repurchase (In thousands) liability liability U.S. Treasury securities Within 30 days $ 9,400 $ 138,689 After 30 to 90 days 29,386 79,374 After 90 days 142,818 19,558 Total U.S. Treasury securities 181,604 237,621 Obligations of U.S. government sponsored entities After 30 to 90 days - 6,055 Total obligations of U.S. government sponsored entities - 6,055 Mortgage-backed securities Within 30 days 30,184 6,859 After 90 days - 20,465 Total mortgage-backed securities 30,184 27,324 Collateralized mortgage obligations Within 30 days 1,309 10,529 Total collateralized mortgage obligations 1,309 10,529 Total $ 213,097 $ 281,529
Schedule of Notes Payable [Table Text Block]	(In thousands) September 30, 2019 December 31, 2018 Advances with the FHLB with maturities ranging from 2019 through 2029 paying interest at monthly fixed rates ranging from 1.04% to 4.19% $ 472,355 $ 524,052 Advances with the FHLB paying interest monthly at a floating rate - 13,000 Advances with the FHLB maturing on 2019 paying interest quarterly at a floating rate of 0.24% over the 3 month LIBOR 14,430 19,724 Unsecured senior debt securities maturiting on 2023 paying interest semiannually at a fixed rate of 6.125%, net of debt issuance costs of $ 5,010 294,990 294,039 Junior subordinated deferrable interest debentures (related to trust preferred securities) with maturities ranging from 2033 to 2034 with fixed interest rates ranging from 6.125% to 6.7%, net of debt issuance costs of $ 402 384,895 384,875 Capital lease obligations - 20,412 Total notes payable $ 1,166,670 $ 1,256,102 Note: Refer to the Corporation's 2018 Form 10-K for rates information at December 31, 2018.
Maturity Distribution Of Debt Securities [Text Block]	Assets sold under (In thousands) agreements to repurchase Notes payable Total 2019 $ 70,279 $ 65,309 $ 135,588 2020 142,818 139,996 282,814 2021 - 50,040 50,040 2022 - 103,148 103,148 2023 - 318,251 318,251 Later years - 489,926 489,926 Total borrowings $ 213,097 $ 1,166,670 $ 1,379,767

Other liabilities (Tables)

Other liabilities (Tables)	9 Months Ended
	Sep. 30, 2019
Other Liabilities Disclosure Abstract
Other Liabilities Table Text Block	(In thousands) September 30, 2019 December 31, 2018 Accrued expenses $ 249,979 $ 276,120 Accrued interest payable 37,411 44,638 Accounts payable 71,366 66,381 Dividends payable 29,016 25,092 Trades payable 26,782 64 Liability for GNMA loans sold with an option to repurchase 98,758 134,260 Reserves for loan indemnifications 49,204 67,066 Reserve for operational losses 41,501 40,921 Operating lease liabilities (Note 29) 152,421 - Finance lease liabilities (Note 29) 19,606 - Pension benefit obligation 45,239 68,736 Postretirement benefit obligation 154,304 153,415 Others 50,418 45,115 Total other liabilities $ 1,026,005 $ 921,808

Other comprehensive income (l_2

Other comprehensive income (loss) (Tables)	9 Months Ended
	Sep. 30, 2019
Table Text Block
Schedule of accumulated other comprehensive income	Changes in Accumulated Other Comprehensive Loss by Component [1] Quarters ended Nine months ended September 30, September 30, (In thousands) 2019 2018 2019 2018 Foreign currency translation Beginning Balance $ ( 52,378) $ ( 46,397) $ ( 49,936) $ ( 43,034) Other comprehensive income (loss) 155 ( 605) ( 2,287) ( 3,968) Net change 155 ( 605) ( 2,287) ( 3,968) Ending balance $ ( 52,223) $ ( 47,002) $ ( 52,223) $ ( 47,002) Adjustment of pension and postretirement benefit plans Beginning Balance $ ( 196,491) $ ( 199,895) $ ( 203,836) $ ( 205,408) Amounts reclassified from accumulated other comprehensive loss for amortization of net losses 3,673 3,285 11,018 9,856 Amounts reclassified from accumulated other comprehensive loss for amortization of prior service credit - ( 529) - ( 1,587) Net change 3,673 2,756 11,018 8,269 Ending balance $ ( 192,818) $ ( 197,139) $ ( 192,818) $ ( 197,139) Unrealized net holding gains (losses) on debt securities Beginning Balance $ 58,044 $ ( 250,422) $ ( 173,811) $ ( 102,775) Other comprehensive income (loss) 50,970 ( 39,845) 282,825 ( 187,492) Amounts reclassified from accumulated other comprehensive income (loss) for loss on securities 16 - 16 - Net change 50,986 ( 39,845) 282,841 ( 187,492) Ending balance $ 109,030 $ ( 290,267) $ 109,030 $ ( 290,267) Unrealized holding gains on equity securities Beginning Balance $ - $ - $ - $ 605 Reclassification to retained earnings due to cumulative effect adjustment of accounting change - - - ( 605) Net change - - - ( 605) Ending balance $ - $ - $ - $ - Unrealized net (losses) gains on cash flow hedges Beginning Balance $ ( 388) $ ( 78) $ ( 391) $ ( 40) Reclassification to retained earnings due to cumulative effect adjustment of accounting change - - ( 50) - Other comprehensive (loss) income before reclassifications ( 3,201) 208 ( 4,349) 790 Amounts reclassified from accumulated other comprehensive loss 720 89 1,921 ( 531) Net change ( 2,481) 297 ( 2,478) 259 Ending balance $ ( 2,869) $ 219 $ ( 2,869) $ 219 Total $ ( 138,880) $ ( 534,189) $ ( 138,880) $ ( 534,189) [1] All amounts presented are net of tax.
Reclassification out of accumulated other comprehensive income	Reclassifications Out of Accumulated Other Comprehensive Loss Quarters ended Nine months ended Affected Line Item in the September 30, September 30, (In thousands) Consolidated Statements of Operations 2019 2018 2019 2018 Adjustment of pension and postretirement benefit plans Amortization of net losses Personnel costs $ ( 5,877) $ ( 5,386) $ ( 17,629) $ ( 16,157) Amortization of prior service credit Personnel costs - 868 - 2,603 Total before tax ( 5,877) ( 4,518) ( 17,629) ( 13,554) Income tax benefit 2,204 1,762 6,611 5,285 Total net of tax $ ( 3,673) $ ( 2,756) $ ( 11,018) $ ( 8,269) Unrealized holding gains (losses) on debt securities Realized loss on sale of debt securities Net loss on sale of debt securities ( 20) - ( 20) - Total before tax ( 20) - ( 20) - Income tax benefit 4 - 4 - Total net of tax $ ( 16) $ - $ ( 16) $ - Unrealized net (losses) gains on cash flow hedges Forward contracts Mortgage banking activities $ ( 1,337) $ ( 147) $ ( 3,258) $ 870 Interest rate swaps Other operating income 116 - 116 - Total before tax ( 1,221) ( 147) ( 3,142) 870 Income tax benefit (expense) 501 58 1,221 ( 339) Total net of tax $ ( 720) $ ( 89) $ ( 1,921) $ 531 Total reclassification adjustments, net of tax $ ( 4,409) $ ( 2,845) $ ( 12,955) $ ( 7,738)

Guarantees (Tables)

Guarantees (Tables)	9 Months Ended
	Sep. 30, 2019
Guarantee on loans sold or serviced with credit recourse
Credit Recourse Agreements Reserve Table [Text Block]	Quarters ended September 30, Nine months ended September 30, (In thousands) 2019 2018 2019 2018 Balance as of beginning of period $ 48,100 $ 57,425 $ 56,230 $ 58,820 Provision for recourse liability 2,755 3,000 3,711 5,991 Net charge-offs ( 5,394) ( 2,678) ( 14,480) ( 7,064) Balance as of end of period $ 45,461 $ 57,747 $ 45,461 $ 57,747
Banco Popular de Puerto Rico | Guarantee on loans sold or serviced with representation and warranties
Indemnifications and Representations and Warranties Table [Text Block]	Quarters ended September 30, Nine months ended September 30, (In thousands) 2019 2018 2019 2018 Balance as of beginning of period $ 3,825 $ 11,153 $ 10,837 $ 11,742 Provision (reversal) for representation and warranties ( 81) ( 104) ( 4,488) 194 Net charge-offs - ( 39) ( 75) ( 926) Settlements paid - - ( 2,530) - Balance as of end of period $ 3,744 $ 11,010 $ 3,744 $ 11,010

Commitments and contingencies (

Commitments and contingencies (Tables)	9 Months Ended
	Sep. 30, 2019
Commitments and Contingencies Disclosure
Schedule Of Fair Value Off Balance Sheet Risks Text Block	(In thousands) September 30, 2019 December 31, 2018 Commitments to extend credit: Credit card lines $ 4,575,290 $ 4,468,481 Commercial and construction lines of credit 2,854,512 2,751,390 Other consumer unused credit commitments 260,098 254,491 Commercial letters of credit 4,798 2,695 Standby letters of credit 79,400 26,479 Commitments to originate or fund mortgage loans 45,814 22,629
Schedule Of Direct Exposure To The Puerto Rico Government By Maturity [Text Block]	(In thousands) Investment Portfolio Loans Total Outstanding Total Exposure Central Government After 1 to 5 years $ 7 $ - $ 7 $ 7 After 5 to 10 years 35 - 35 35 After 10 years 549 - 549 549 Total Central Government 591 - 591 591 Municipalities Within 1 year 3,745 78,108 81,853 81,853 After 1 to 5 years 17,580 139,283 156,863 156,863 After 5 to 10 years 18,195 82,967 101,162 101,162 After 10 years 655 90,601 91,256 91,256 Total Municipalities 40,175 390,959 431,134 431,134 Total Direct Government Exposure $ 40,766 $ 390,959 $ 431,725 $ 431,725

Non-consolidated variable int_2

Non-consolidated variable interest entities (Tables)	9 Months Ended
	Sep. 30, 2019
FNMA, GNMA, FHLMC VIE
Carrying Amount and Classification of Assets Related to the Corporation's Variable Interests in Non-Consolidated VIEs and Maximum Exposure to Loss	(In thousands) September 30, 2019 December 31, 2018 Assets Servicing assets: Mortgage servicing rights $ 113,148 $ 136,280 Total servicing assets $ 113,148 $ 136,280 Other assets: Servicing advances $ 31,839 $ 37,988 Total other assets $ 31,839 $ 37,988 Total assets $ 144,987 $ 174,268 Maximum exposure to loss $ 144,987 $ 174,268
Corporate Joint Venture
Carrying Amount and Classification of Assets Related to the Corporation's Variable Interests in Non-Consolidated VIEs and Maximum Exposure to Loss	PRLP 2011 Holdings, LLC PR Asset Portfolio 2013-1 International, LLC (In thousands) September 30, 2019 December 31, 2018 September 30, 2019 December 31, 2018 Assets Other assets: Equity investment $ 6,393 $ 6,469 $ 3,409 $ 5,794 Total assets $ 6,393 $ 6,469 $ 3,409 $ 5,794 Liabilities Deposits $ ( 909) $ ( 2,566) $ ( 9,582) $ ( 7,994) Total liabilities $ ( 909) $ ( 2,566) $ ( 9,582) $ ( 7,994) Total net assets $ 5,484 $ 3,903 $ ( 6,173) $ ( 2,200) Maximum exposure to loss $ 5,484 $ 3,903 $ - $ -

Related party transactions (Tab

Related party transactions (Tables)	9 Months Ended
	Sep. 30, 2019
EVERTEC Inc.
Schedule Equity Method Investments Table [Text Block]	(In thousands) September 30, 2019 December 31, 2018 Equity investment in EVERTEC $ 69,380 $ 60,591
Proportionate Share Of Income Loss And Changes In Stockholders Equity TableTextBlock	Quarter ended Nine months ended (In thousands) September 30, 2019 September 30, 2019 Share of income from the investment in EVERTEC $ 4,010 $ 12,709 Share of other changes in EVERTEC's stockholders' equity 621 703 Share of EVERTEC's changes in equity recognized in income $ 4,631 $ 13,412 Quarter ended Nine months ended (In thousands) September 30, 2018 September 30, 2018 Share of income from the investment in EVERTEC $ 3,682 $ 10,586 Share of other changes in EVERTEC's stockholders' equity ( 34) 601 Share of EVERTEC's changes in equity recognized in income $ 3,648 $ 11,187
Income Statement Data Resulting From Related Party Transactions Table [Text Block]	Quarter ended Nine months ended (In thousands) September 30, 2019 September 30, 2019 Category Interest expense on deposits $ ( 27) $ ( 59) Interest expense ATH and credit cards interchange income from services to EVERTEC 6,221 22,897 Other service fees Rental income charged to EVERTEC 1,744 5,337 Net occupancy Processing fees on services provided by EVERTEC ( 55,901) ( 164,255) Professional fees Other services provided to EVERTEC 247 873 Other operating expenses Total $ ( 47,716) $ ( 135,207) Quarter ended Nine months ended (In thousands) September 30, 2018 September 30, 2018 Category Interest expense on deposits $ ( 21) $ ( 46) Interest expense ATH and credit cards interchange income from services to EVERTEC 8,486 24,940 Other service fees Rental income charged to EVERTEC 1,781 5,297 Net occupancy Processing fees on services provided by EVERTEC ( 48,360) ( 142,443) Professional fees Other services provided to EVERTEC 279 884 Other operating expenses Total $ ( 37,835) $ ( 111,368)
Balance Sheet Data Resulting From Related Party Transactions Table [Text Block]	(In thousands) September 30, 2019 December 31, 2018 Accounts receivable (Other assets) $ 2,561 $ 6,829 Deposits ( 47,108) ( 28,606) Accounts payable (Other liabilities) ( 1,512) ( 3,671) Net total $ ( 46,059) $ ( 25,448)
PRLP 2011 Holding, LLC and PR Asset Portfolio 2013-1 International, LLC
Schedule Equity Method Investments Table [Text Block]	PRLP 2011 Holdings, LLC PR Asset Portfolio 2013-1 International, LLC (In thousands) September 30, 2019 December 31, 2018 September 30, 2019 December 31, 2018 Equity investment $ 6,393 $ 6,469 $ 3,409 $ 5,794
Proportionate Share Of Income Loss And Changes In Stockholders Equity TableTextBlock	PRLP 2011 Holdings, LLC PR Asset Portfolio 2013-1 International, LLC Quarter ended Nine months ended Quarter ended Nine months ended (In thousands) September 30, 2019 September 30, 2018 September 30, 2019 September 30, 2018 September 30, 2019 September 30, 2018 September 30, 2019 September 30, 2018 Share of income (loss) from the equity investment $ ( 65) $ 55 $ ( 76) $ ( 257) $ ( 236) $ 112 $ 306 $ ( 5,297)
Balance Sheet Data Resulting From Related Party Transactions Table [Text Block]	PRLP 2011 Holdings, LLC PR Asset Portfolio 2013-1 International, LLC (In thousands) September 30, 2019 December 31, 2018 September 30, 2019 December 31, 2018 Deposits (non-interest bearing) $ ( 909) $ ( 2,566) $ ( 9,582) $ ( 7,994)

Fair value measurement (Tables)

Fair value measurement (Tables)	9 Months Ended
	Sep. 30, 2019
Fair Value Disclosures
Assets and Liabilities Measured at Fair Value on a Recurring Basis	At September 30, 2019 (In thousands) Level 1 Level 2 Level 3 Total RECURRING FAIR VALUE MEASUREMENTS Assets Debt securities available-for-sale: U.S. Treasury securities $ 4,487,422 $ 6,016,866 $ - $ 10,504,288 Obligations of U.S. Government sponsored entities - 187,092 - 187,092 Obligations of Puerto Rico, States and political subdivisions - 6,931 - 6,931 Collateralized mortgage obligations - federal agencies - 630,636 - 630,636 Mortgage-backed securities - 5,148,581 1,209 5,149,790 Other - 373 - 373 Total debt securities available-for-sale $ 4,487,422 $ 11,990,479 $ 1,209 $ 16,479,110 Trading account debt securities, excluding derivatives: U.S. Treasury securities $ 2,758 $ 2 $ - $ 2,760 Obligations of Puerto Rico, States and political subdivisions - 649 - 649 Collateralized mortgage obligations - 79 557 636 Mortgage-backed securities - 28,772 26 28,798 Other - 3,004 456 3,460 Total trading account debt securities, excluding derivatives $ 2,758 $ 32,506 $ 1,039 $ 36,303 Equity securities $ - $ 19,778 $ - $ 19,778 Mortgage servicing rights - - 150,652 150,652 Derivatives - 15,234 - 15,234 Total assets measured at fair value on a recurring basis $ 4,490,180 $ 12,057,997 $ 152,900 $ 16,701,077 Liabilities Derivatives $ - $ ( 14,069) $ - $ ( 14,069) Total liabilities measured at fair value on a recurring basis $ - $ ( 14,069) $ - $ ( 14,069) At December 31, 2018 (In thousands) Level 1 Level 2 Level 3 Total RECURRING FAIR VALUE MEASUREMENTS Assets Debt securities available-for-sale: U.S. Treasury securities $ 2,719,740 $ 5,552,456 $ - $ 8,272,196 Obligations of U.S. Government sponsored entities - 333,309 - 333,309 Obligations of Puerto Rico, States and political subdivisions - 6,742 - 6,742 Collateralized mortgage obligations - federal agencies - 728,671 - 728,671 Mortgage-backed securities - 3,957,545 1,233 3,958,778 Other - 488 - 488 Total debt securities available-for-sale $ 2,719,740 $ 10,579,211 $ 1,233 $ 13,300,184 Trading account debt securities, excluding derivatives: U.S. Treasury securities $ 6,278 $ - $ - $ 6,278 Obligations of Puerto Rico, States and political subdivisions - 134 - 134 Collateralized mortgage obligations - 48 611 659 Mortgage-backed securities - 27,214 43 27,257 Other - 2,974 485 3,459 Total trading account debt securities, excluding derivatives $ 6,278 $ 30,370 $ 1,139 $ 37,787 Equity securities $ - $ 13,296 $ - $ 13,296 Mortgage servicing rights - - 169,777 169,777 Derivatives - 13,603 - 13,603 Total assets measured at fair value on a recurring basis $ 2,726,018 $ 10,636,480 $ 172,149 $ 13,534,647 Liabilities Derivatives $ - $ ( 12,320) $ - $ ( 12,320) Total liabilities measured at fair value on a recurring basis $ - $ ( 12,320) $ - $ ( 12,320)
Nonrecurring fair value measurements	Nine months ended September 30, 2019 (In thousands) Level 1 Level 2 Level 3 Total NONRECURRING FAIR VALUE MEASUREMENTS Assets Write-downs Loans [1] $ - $ - $ 65,922 $ 65,922 $ ( 10,761) Other real estate owned [2] - - 17,942 17,942 ( 3,486) Other foreclosed assets [2] - - 1,221 1,221 ( 153) Long-lived assets held-for-sale [3] - - 2,500 2,500 ( 2,591) Total assets measured at fair value on a nonrecurring basis $ - $ - $ 87,585 $ 87,585 $ ( 16,991) [1] Relates mostly to certain impaired collateral dependent loans. The impairment was measured based on the fair value of the collateral, which is derived from appraisals that take into consideration prices in observed transactions involving similar assets in similar locations, in accordance with the provisions of ASC Section 310-10-35. Costs to sell are excluded from the reported fair value amount. [2] Represents the fair value of foreclosed real estate and other collateral owned that were written down to their fair value. Costs to sell are excluded from the reported fair value amount. [3] Represents the fair value of long-lived assets held-for-sale that were written down to their fair value. Nine months ended September 30, 2018 (In thousands) Level 1 Level 2 Level 3 Total NONRECURRING FAIR VALUE MEASUREMENTS Assets Write-downs Loans [1] $ - $ - $ 79,347 $ 79,347 $ ( 28,769) Other real estate owned [2] - - 42,572 42,572 ( 8,744) Other foreclosed assets [2] - - 2,596 2,596 ( 957) Total assets measured at fair value on a nonrecurring basis $ - $ - $ 124,515 $ 124,515 $ ( 38,470) [1] Relates mostly to certain impaired collateral dependent loans. The impairment was measured based on the fair value of the collateral, which is derived from appraisals that take into consideration prices in observed transactions involving similar assets in similar locations, in accordance with the provisions of ASC Section 310-10-35. Costs to sell are excluded from the reported fair value amount. [2] Represents the fair value of foreclosed real estate and other collateral owned that were written down to their fair value. Costs to sell are excluded from the reported fair value amount.
Assets measured on recurring basis, unobservable input reconciliation	Quarter ended September 30, 2019 MBS CMOs Other classified classified securities as debt as trading MBS classified securities account classified as as trading Mortgage available- debt trading account account debt servicing Total (In thousands) for-sale securities debt securities securities rights assets Balance at June 30, 2019 $ 1,235 $ 618 $ 26 $ 468 $ 153,021 $ 155,368 Gains (losses) included in earnings - ( 1) - ( 12) ( 4,842) ( 4,855) Gains (losses) included in OCI ( 1) - - - - ( 1) Additions - 1 - - 2,473 2,474 Settlements ( 25) ( 61) - - - ( 86) Balance at September 30, 2019 $ 1,209 $ 557 $ 26 $ 456 $ 150,652 $ 152,900 Changes in unrealized gains (losses) included in earnings relating to assets still held at September 30, 2019 $ - $ 1 $ - $ 5 $ ( 1,575) $ ( 1,569) Nine months ended September 30, 2019 MBS Other classified CMOs securities as investment classified MBS classified securities as trading classified as as trading Mortgage available- account trading account account servicing Total (In thousands) for-sale securities securities securities rights assets Balance at January 1, 2019 $ 1,233 $ 611 $ 43 $ 485 $ 169,777 $ 172,149 Gains (losses) included in earnings - - ( 1) ( 29) ( 25,853) ( 25,883) Gains (losses) included in OCI 1 - - - - 1 Additions - 65 25 - 6,728 6,818 Settlements ( 25) ( 119) ( 41) - - ( 185) Balance at September 30, 2019 $ 1,209 $ 557 $ 26 $ 456 $ 150,652 $ 152,900 Changes in unrealized gains (losses) included in earnings relating to assets still held at September 30, 2019 $ - $ - $ 1 $ 13 $ ( 15,993) $ ( 15,979) Quarter ended September 30, 2018 MBS Other classified CMOs securities as investment classified MBS classified securities as trading classified as as trading Mortgage available- account trading account account servicing Total (In thousands) for-sale securities securities securities rights assets Balance at June 30, 2018 $ 1,264 $ 670 $ 43 $ 506 $ 164,025 $ 166,508 Gains (losses) included in earnings - - - ( 8) ( 4,194) ( 4,202) Gains (losses) included in OCI ( 1) - - - - ( 1) Additions - 7 - - 2,946 2,953 Settlements - ( 33) - - - ( 33) Balance at September 30, 2018 $ 1,263 $ 644 $ 43 $ 498 $ 162,777 $ 165,225 Changes in unrealized gains (losses) included in earnings relating to assets still held at September 30, 2018 $ - $ - $ - $ 3 $ - $ 3 Nine months ended September 30, 2018 MBS Other classified CMOs securities as investment classified MBS classified securities as trading classified as as trading Mortgage available- account trading account account servicing Total Contingent Total (In thousands) for-sale securities securities securities rights assets consideration [1] liabilities Balance at January 1, 2018 $ 1,288 $ 529 $ 43 $ 529 $ 168,031 $ 170,420 $ ( 164,858) $ ( 164,858) Gains (losses) included in earnings - 6 - ( 31) ( 13,123) ( 13,148) ( 6,112) ( 6,112) Gains (losses) included in OCI 1 - - - - 1 - - Additions - 260 - - 7,869 8,129 - - Settlements ( 26) ( 151) - - - ( 177) 170,970 170,970 Balance at September 30, 2018 $ 1,263 $ 644 $ 43 $ 498 $ 162,777 $ 165,225 $ - $ - Changes in unrealized gains (losses) included in earnings relating to assets still held at September 30, 2018 $ - $ 6 $ - $ 14 $ - $ 20 $ - $ - [1] Effective May 22, 2018, the Corporation entered into a Termination Agreement with the FDIC to terminate the Corporation's loss share arrangement ahead of their contractual maturities. Refer to Note 10 for additional information.
Gain (loss) included in earnings, measured on recurring basis	Quarter ended September 30, 2019 Nine months ended September 30, 2019 Changes in unrealized Changes in unrealized Total gains gains (losses) relating to Total gains gains (losses) relating to (losses) included assets still held at (losses) included assets still held at (In thousands) in earnings reporting date in earnings reporting date Mortgage banking activities $ ( 4,842) $ ( 1,575) $ ( 25,853) $ ( 15,993) Trading account profit (loss) ( 13) 6 ( 30) 14 Total $ ( 4,855) $ ( 1,569) $ ( 25,883) $ ( 15,979) Quarter ended September 30, 2018 Nine months ended September 30, 2018 Changes in unrealized Changes in unrealized Total gains gains (losses) relating to Total gains gains (losses) relating to (losses) included assets still held at (losses) included assets still held at (In thousands) in earnings reporting date in earnings reporting date FDIC loss share expense $ - $ - $ ( 6,112) $ - Mortgage banking activities ( 4,194) - ( 13,123) - Trading account profit (loss) ( 8) 3 ( 25) 20 Total $ ( 4,202) $ 3 $ ( 19,260) $ 20
Fair value measurements, recurring and nonrecurring valuation techniques	Fair value at September 30, (In thousands) 2019 Valuation technique Unobservable inputs Weighted average (range) [1] CMO's - trading $ 557 Discounted cash flow model Weighted average life 1.7 years ( 1.4 - 1.8 years) Yield 4.0% ( 3.9% - 4.4%) Prepayment speed 18.5% ( 15.2% - 20.7%) Other - trading $ 456 Discounted cash flow model Weighted average life 5.2 years Yield 12.0% Prepayment speed 10.8% Mortgage servicing rights $ 150,652 Discounted cash flow model Prepayment speed 6.8% ( 0.2% - 19.9%) Weighted average life 6.2 years ( 0.1 - 13.9 years) Discount rate 11.2% ( 9.5% - 14.7%) Loans held-in-portfolio $ 62,442 [2] External appraisal Haircut applied on external appraisals 10.3% ( 10.0% - 21.0%) Other real estate owned $ 15,003 [3] External appraisal Haircut applied on external appraisals 23.5% ( 10.0% - 35.0%) [1] Weighted average of significant unobservable inputs used to develop Level 3 fair value measurements were calculated by relative fair value. [2] Loans held-in-portfolio in which haircuts were not applied to external appraisals were excluded from this table. [3] Other real estate owned in which haircuts were not applied to external appraisals were excluded from this table.

Fair value of financial instr_2

Fair value of financial instruments (Tables)	9 Months Ended
	Sep. 30, 2019
Fair Value Disclosures
Fair Value By Balance Sheet Grouping Text Block	September 30, 2019 Carrying (In thousands) amount Level 1 Level 2 Level 3 Fair value Financial Assets: Cash and due from banks $ 502,060 $ 502,060 $ - $ - $ 502,060 Money market investments 5,168,585 5,162,672 5,913 - 5,168,585 Trading account debt securities, excluding derivatives [1] 36,303 2,758 32,506 1,039 36,303 Debt securities available-for-sale [1] 16,479,110 4,487,422 11,990,479 1,209 16,479,110 Debt securities held-to-maturity: Obligations of Puerto Rico, States and political subdivisions $ 85,598 $ - $ - $ 91,808 $ 91,808 Collateralized mortgage obligation-federal agency 48 - - 50 50 Securities in wholly owned statutory business trusts 11,561 - 11,561 - 11,561 Other 500 - 499 - 499 Total debt securities held-to-maturity $ 97,707 $ - $ 12,060 $ 91,858 $ 103,918 Equity securities: FHLB stock $ 46,729 $ - $ 46,729 $ - $ 46,729 FRB stock 92,648 - 92,648 - 92,648 Other investments 21,081 - 19,778 7,296 27,074 Total equity securities $ 160,458 $ - $ 159,155 $ 7,296 $ 166,451 Loans held-for-sale $ 56,370 $ - $ - $ 57,572 $ 57,572 Loans held-in-portfolio 26,495,610 - - 24,603,515 24,603,515 Mortgage servicing rights 150,652 - - 150,652 150,652 Derivatives 15,234 - 15,234 - 15,234 September 30, 2019 Carrying (In thousands) amount Level 1 Level 2 Level 3 Fair value Financial Liabilities: Deposits: Demand deposits $ 36,370,038 $ - $ 36,370,038 $ - $ 36,370,038 Time deposits 7,796,157 - 7,648,739 - 7,648,739 Total deposits $ 44,166,195 $ - $ 44,018,777 $ - $ 44,018,777 Assets sold under agreements to repurchase $ 213,097 $ - $ 212,812 $ - $ 212,812 Notes payable: FHLB advances $ 486,785 $ - $ 496,552 $ - $ 496,552 Unsecured senior debt securities 294,990 - 322,014 - 322,014 Junior subordinated deferrable interest debentures (related to trust preferred securities) 384,895 - 406,485 - 406,485 Total notes payable $ 1,166,670 $ - $ 1,225,051 $ - $ 1,225,051 Derivatives $ 14,069 $ - $ 14,069 $ - $ 14,069 [1] Refer to Note 25 to the Consolidated Financial Statements for the fair value by class of financial asset and its hierarchy level December 31, 2018 Carrying (In thousands) amount Level 1 Level 2 Level 3 Fair value Financial Assets: Cash and due from banks $ 394,035 $ 394,035 $ - $ - $ 394,035 Money market investments 4,171,048 4,161,832 9,216 - 4,171,048 Trading account debt securities, excluding derivatives [1] 37,787 6,278 30,370 1,139 37,787 Debt securities available-for-sale [1] 13,300,184 2,719,740 10,579,211 1,233 13,300,184 Debt securities held-to-maturity: Obligations of Puerto Rico, States and political subdivisions $ 89,459 $ - $ - $ 90,534 $ 90,534 Collateralized mortgage obligation-federal agency 55 - - 58 58 Securities in wholly owned statutory business trusts 11,561 - 11,561 - 11,561 Other 500 - 500 - 500 Total debt securities held-to-maturity $ 101,575 $ - $ 12,061 $ 90,592 $ 102,653 Equity securities: FHLB stock $ 51,628 $ - $ 51,628 $ - $ 51,628 FRB stock 89,358 - 89,358 - 89,358 Other investments 14,598 - 13,296 5,539 18,835 Total equity securities $ 155,584 $ - $ 154,282 $ 5,539 $ 159,821 Loans held-for-sale $ 51,422 $ - $ - $ 52,474 $ 52,474 Loans held-in-portfolio 25,938,541 - - 23,143,027 23,143,027 Mortgage servicing rights 169,777 - - 169,777 169,777 Derivatives 13,603 - 13,603 - 13,603 December 31, 2018 Carrying (In thousands) amount Level 1 Level 2 Level 3 Fair value Financial Liabilities: Deposits: Demand deposits $ 32,093,274 $ - $ 32,093,274 $ - $ 32,093,274 Time deposits 7,616,765 - 7,392,698 - 7,392,698 Total deposits $ 39,710,039 $ - $ 39,485,972 $ - $ 39,485,972 Assets sold under agreements to repurchase $ 281,529 $ - $ 281,535 $ - $ 281,535 Other short-term borrowings [2] $ 42 $ - $ 42 $ - $ 42 Notes payable: FHLB advances $ 556,776 $ - $ 553,111 $ - $ 553,111 Unsecured senior debt 294,039 - 302,664 - 302,664 Junior subordinated deferrable interest debentures (related to trust preferred securities) 384,875 - 381,079 - 381,079 Capital lease obligations 20,412 - - 20,412 20,412 Total notes payable $ 1,256,102 $ - $ 1,236,854 $ 20,412 $ 1,257,266 Derivatives $ 12,320 $ - $ 12,320 $ - $ 12,320 [1] Refer to Note 25 to the Consolidated Financial Statements for the fair value by class of financial asset and its hierarchy level. [2] Refer to Note 17 to the Consolidated Financial Statements for the composition of other short-term borrowings.

Net income per common share (Ta

Net income per common share (Tables)	9 Months Ended
	Sep. 30, 2019
Earnings Per Share
Schedule Of Earnings Per Share Basic And Diluted Table Text Block	Quarters ended September 30, Nine months ended September 30, (In thousands, except per share information) 2019 2018 2019 2018 Net income $ 165,319 $ 140,648 $ 504,350 $ 511,755 Preferred stock dividends ( 930) ( 930) ( 2,792) ( 2,792) Net income applicable to common stock $ 164,389 $ 139,718 $ 501,558 $ 508,963 Average common shares outstanding 96,357,117 101,067,300 97,073,177 101,549,711 Average potential dilutive common shares 121,210 181,854 139,219 182,219 Average common shares outstanding - assuming dilution 96,478,327 101,249,154 97,212,396 101,731,930 Basic EPS $ 1.71 $ 1.38 $ 5.17 $ 5.01 Diluted EPS $ 1.70 $ 1.38 $ 5.16 $ 5.00

Revenue from contracts with c_2

Revenue from contracts with customers (Tables)	9 Months Ended
	Sep. 30, 2019
Revenue From Contract With Customer Abstract
Disaggregation Of Revenue Table [Text Block]	Quarter ended September 30, Nine months ended September 30, (In thousands) 2019 2019 BPPR Popular U.S. BPPR Popular U.S. Service charges on deposit accounts $ 37,245 $ 3,724 $ 108,344 $ 10,933 Other service fees: Debit card fees 11,459 260 34,110 813 Insurance fees, excluding reinsurance 8,921 1,152 29,786 2,753 Credit card fees, excluding late fees and membership fees 21,901 217 61,579 656 Sale and administration of investment products 5,714 - 16,705 - Trust fees 5,277 - 15,844 - Total revenue from contracts with customers [1] $ 90,517 $ 5,353 $ 266,368 $ 15,155 [1] The amounts include intersegment transactions of $ 0.2 million and $ 2.3 million, respectively, for the quarter and nine months ended September 30, 2019. Quarter ended September 30, Nine months ended September 30, (In thousands) 2018 2018 BPPR Popular U.S. BPPR Popular U.S. Service charges on deposit accounts $ 34,869 $ 3,278 $ 101,824 $ 9,880 Other service fees: Debit card fees 10,723 261 33,543 763 Insurance fees, excluding reinsurance 8,210 1,187 24,097 2,642 Credit card fees, excluding late fees and membership fees 19,029 221 54,513 698 Sale and administration of investment products 5,696 - 16,071 - Trust fees 5,034 - 15,593 - Total revenue from contracts with customers [1] $ 83,561 $ 4,947 $ 245,641 $ 13,983 [1] The amounts include intersegment transactions of $ 0.2 million and $ 1.9 million, respectively, for the quarter and nine months ended September 30, 2018.

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Lease Liability Maturity	(In thousands) Remaining 2019 2020 2021 2022 2023 Later Years Total Lease Payments Less: Imputed Interest Total Operating Leases $ 7,566 $ 28,034 $ 25,444 $ 21,688 $ 19,405 $ 77,693 $ 179,830 $ ( 27,409) $ 152,421 Finance Leases 739 3,003 3,093 3,187 3,284 11,186 24,492 ( 4,886) 19,606
Leases cost	The following table presents the lease cost recognized by the Corporation in the Consolidated Statements of Operations as follows: Quarter ended Nine months ended (In thousands) September 30,2019 September 30,2019 Finance lease cost: Amortization of ROU assets $ 422 $ 1,265 Interest on lease liabilities 296 901 Operating lease cost 7,233 23,156 Short-term lease cost 97 172 Variable lease cost 3 5 Sublease income ( 29) ( 84) Total lease cost $ 8,022 $ 25,415
Leases supplemental information	Nine months ended (Dollars in thousands) September 30,2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 22,527 Operating cash flows from finance leases 906 Financing cash flows from finance leases 1,269 ROU assets obtained in exchange for new lease obligations: Operating leases $ 7,882 Weighted-average remaining lease term: Operating leases 8.6 years Finance leases 7.5 years Weighted-average discount rate: Operating leases 3.6 % Finance leases 6.0 %

FDIC loss share expense (Tables

FDIC loss share expense (Tables)	9 Months Ended
	Sep. 30, 2019
Table Text Block
F D I C Loss Share Expense Income	Nine months ended (In thousands) September 30, 2018 Amortization $ ( 934) 80% mirror accounting on credit impairment losses 104 80% mirror accounting on reimbursable expenses 537 80% mirror accounting on recoveries on covered assets, including rental income on OREOs, subject to reimbursement to the FDIC ( 1,658) Change in true-up payment obligation ( 6,112) Gain on FDIC loss-share Termination Agreement [1] 102,752 Other 36 Total FDIC loss-share income $ 94,725 [1] Refer to Note 10 for additional information of the Termination Agreement with the FDIC.

Pension and postretirement be_2

Pension and postretirement benefits (Tables)	9 Months Ended
	Sep. 30, 2019
Compensation And Retirement Disclosure [Abstract]
Components of Net Periodic Pension/Postretirement Benefit Cost	Pension Plans OPEB Plan Quarters ended September 30, Quarters ended September 30, (In thousands) 2019 2018 2019 2018 Personnel Cost: Service cost $ - $ - $ 190 $ 257 Other operating expenses: Interest cost 7,109 6,373 1,489 1,390 Expected return on plan assets ( 8,096) ( 10,060) - - Amortization of prior service cost/(credit) - - - ( 868) Amortization of net loss 5,877 5,065 - 321 Total net periodic pension cost $ 4,890 $ 1,378 $ 1,679 $ 1,100 Pension Plans OPEB Plan Nine months ended September 30, Nine months ended September 30, (In thousands) 2019 2018 2019 2018 Personnel Cost: Service cost $ - $ - $ 570 $ 771 Other operating expenses: Interest cost 21,329 19,119 4,466 4,171 Expected return on plan assets ( 24,288) ( 30,180) - - Amortization prior service cost/(credit) - - - ( 2,603) Amortization of net loss 17,629 15,195 - 962 Total net periodic pension cost $ 14,670 $ 4,134 $ 5,036 $ 3,301
Schedule of accumulated and projected benefit obligations	For the quarters ended For the year ending (In thousands) 30-Sep-19 31-Dec-19 Pension Plans $ 20,057 $ 20,229 OPEB Plan $ 1,472 $ 8,128

Stock-based compensation (Table

Stock-based compensation (Tables)	9 Months Ended
	Sep. 30, 2019
Executive Officers
Schedule of Unvested Restricted Stock Units Roll Forward	(Not in thousands) Shares Weighted-Average Grant Date Fair Value Non-vested at December 31, 2017 295,340 $ 30.75 Granted 239,062 45.81 Performance Shares Quantity Adjustment 234,076 33.09 Vested ( 372,271) 35.83 Forfeited ( 14,021) 37.35 Non-vested at December 31, 2018 382,186 $ 36.41 Granted 218,169 55.55 Performance Shares Quantity Adjustment 22,973 55.51 Vested ( 275,727) 44.97 Non-vested at September 30, 2019 347,601 $ 41.77
Directors
Schedule of Unvested Restricted Stock Units Roll Forward	(Not in thousands) Restricted Stock shares Weighted-Average Grant Date Fair Value per Share Restricted Stock units Weighted-Average Grant Date Fair Value per Unit Non-vested at December 31, 2017 - $ - - $ - Granted 25,159 46.71 - - Vested ( 25,159) 46.71 - - Forfeited - - - - Non-vested at December 31, 2018 - $ - - $ - Granted 1,052 49.25 27,449 57.64 Vested ( 1,052) 49.25 ( 27,449) 57.64 Forfeited - - - - Non-vested at September 30, 2019 - $ - - $ -

Income taxes (Tables)

Income taxes (Tables)	9 Months Ended
	Sep. 30, 2019
Schedule Of Deferred Tax Assets And Liabilities Table Text Block	September 30, 2019 (In thousands) PR US Total Deferred tax assets: Tax credits available for carryforward $ 16,442 $ 7,757 $ 24,199 Net operating loss and other carryforward available 128,899 711,507 840,406 Postretirement and pension benefits 74,833 - 74,833 Allowance for loan losses 425,855 18,680 444,535 Deferred gains - 2,443 2,443 Accelerated depreciation 1,963 5,626 7,589 FDIC-assisted transaction 85,609 - 85,609 Intercompany deferred gains 1,377 - 1,377 Difference in outside basis from pass-through entities 18,570 - 18,570 Other temporary differences 28,722 8,189 36,911 Total gross deferred tax assets 782,270 754,202 1,536,472 Deferred tax liabilities: Indefinite-lived intangibles 36,578 43,164 79,742 Unrealized net gain (loss) on trading and available-for-sale securities 40,840 1,029 41,869 Deferred loan origination costs ( 2,741) 3,027 286 Other temporary differences 12,432 1,109 13,541 Total gross deferred tax liabilities 87,109 48,329 135,438 Valuation allowance 99,766 392,643 492,409 Net deferred tax asset $ 595,395 $ 313,230 $ 908,625 December 31, 2018 (In thousands) PR US Total Deferred tax assets: Tax credits available for carryforward $ 15,900 $ 7,757 $ 23,657 Net operating loss and other carryforward available 116,154 720,933 837,087 Postretirement and pension benefits 83,390 - 83,390 Deferred loan origination fees 3,216 ( 1,280) 1,936 Allowance for loan losses 516,643 18,612 535,255 Deferred gains - 2,551 2,551 Accelerated depreciation 1,963 5,786 7,749 FDIC-assisted transaction 95,851 - 95,851 Intercompany deferred gains 1,518 - 1,518 Difference in outside basis from pass-through entities 20,209 - 20,209 Other temporary differences 24,957 7,522 32,479 Total gross deferred tax assets 879,801 761,881 1,641,682 Deferred tax liabilities: Indefinite-lived intangibles 34,081 39,597 73,678 Unrealized net gain (loss) on trading and available-for-sale securities 23,823 ( 12,783) 11,040 Other temporary differences 10,579 1,109 11,688 Total gross deferred tax liabilities 68,483 27,923 96,406 Valuation allowance 89,852 406,455 496,307 Net deferred tax asset $ 721,466 $ 327,503 $ 1,048,969
Summary Of Income Tax Contingencies Text Block	(In millions) 2019 2018 Balance at January 1 $ 7.2 $ 7.3 Additions for tax positions - January through March 0.3 0.2 Balance at March 31 $ 7.5 $ 7.5 Additions for tax positions - April through June 0.2 0.3 Balance at June 30 $ 7.7 $ 7.8 Additions for tax positions - July through September - 0.3 Reduction as a result of lapse of statute of limitations - July through September - ( 1.2) Balance at September 30 $ 7.7 $ 6.9
PUERTO RICO
Schedule Of Effective Income Tax Rate Reconciliation Table Text Block	Quarters ended September 30, 2019 September 30, 2018 (In thousands) Amount % of pre-tax income Amount % of pre-tax income Computed income tax expense at statutory rates $ 77,508 38 % $ 71,240 39 % Net benefit of tax exempt interest income ( 38,103) ( 18) ( 24,941) ( 14) Deferred tax asset valuation allowance 3,170 1 5,606 3 Difference in tax rates due to multiple jurisdictions ( 4,233) ( 2) ( 5,203) ( 3) Effect of income subject to preferential tax rate ( 2,243) ( 1) ( 2,031) ( 1) Unrecognized tax benefits - - ( 1,621) ( 1) State and local taxes 2,180 1 3,115 2 Others 3,091 1 ( 4,147) ( 2) Income tax (benefit) expense $ 41,370 20 % $ 42,018 23 % Nine months ended September 30, 2019 September 30, 2018 (In thousands) Amount % of pre-tax income Amount % of pre-tax income Computed income tax expense at statutory rates $ 238,602 38 % $ 213,474 39 % Net benefit of tax exempt interest income ( 95,986) ( 15) ( 70,341) ( 13) Deferred tax asset valuation allowance 9,915 2 17,018 3 Difference in tax rates due to multiple jurisdictions ( 9,851) ( 2) ( 10,400) ( 2) Effect of income subject to preferential tax rate [1] ( 7,458) ( 1) ( 108,087) ( 20) Unrecognized tax benefits - - ( 1,621) - State and local taxes 5,535 1 6,196 1 Others ( 8,834) ( 2) ( 10,626) ( 2) Income tax (benefit) expense $ 131,923 21 % $ 35,613 6 % [1] For the nine months ended September 30, 2018, includes the impact of the Tax Closing Agreement entered into in connection with the FDIC Transaction.

Supplemental disclosure on th_2

Supplemental disclosure on the consolidated statements of cash flows (Tables)	9 Months Ended
	Sep. 30, 2019
Supplemental Cash Flow Information
Schedule Of Cash Flow Supplemental Disclosures Table Text Block	(In thousands) September 30, 2019 September 30, 2018 Non-cash activities: Loans transferred to other real estate $ 44,575 $ 23,188 Loans transferred to other property 40,384 30,973 Total loans transferred to foreclosed assets 84,959 54,161 Loans transferred to other assets 14,174 11,218 Financed sales of other real estate assets 11,710 11,962 Financed sales of other foreclosed assets 22,047 12,347 Total financed sales of foreclosed assets 33,757 24,309 Transfers from loans held-for-sale to loans held-in-portfolio 7,735 20,063 Loans securitized into investment securities [1] 331,112 392,080 Trades receivable from brokers and counterparties 66,389 57,290 Trades payable to brokers and counterparties 26,782 22,244 Receivables from investments maturities - 19,000 Recognition of mortgage servicing rights on securitizations or asset transfers 6,728 7,871 Interest capitalized on loans subject to the temporary payment moratorium - 481 Loans booked under the GNMA buy-back option 52,711 380,329 Capitalization of lease right of use asset 169,123 - Gain from the FDIC Termination Agreement - 102,752 Payable to Wells Fargo related to auto finance business acquisition - 13,193 [1] Includes loans securitized into trading securities and subsequently sold before quarter end.
Reconciliation Of Cash And Due From Banks And Restricted Cash [Table Text Block]	(In thousands) September 30, 2019 September 30, 2018 Cash and due from banks $ 476,815 $ 378,468 Restricted cash and due from banks 25,245 22,481 Restricted cash in money market investments 5,913 11,234 Total cash and due from banks, and restricted cash [2] $ 507,973 $ 412,183 [2] Refer to Note 5 - Restrictions on cash and due from banks and certain securities for nature of restrictions.

Segment reporting (Tables)

Segment reporting (Tables)	9 Months Ended
	Sep. 30, 2019
Table Text Block
Results of Operations and Total Assets	2019 For the quarter ended September 30, 2019 Banco Popular Intersegment (In thousands) de Puerto Rico Popular U.S. Eliminations Net interest income $ 412,182 $ 74,391 $ 4 Provision for loan losses 34,481 2,060 - Non-interest income 124,868 5,953 ( 140) Amortization of intangibles 2,208 167 - Depreciation expense 11,972 2,046 - Other operating expenses 309,815 51,616 ( 136) Income tax expense 35,286 6,216 - Net income $ 143,288 $ 18,239 $ - Segment assets $ 42,080,292 $ 10,095,526 $ ( 14,414) For the quarter ended September 30, 2019 Reportable (In thousands) Segments Corporate Eliminations Total Popular, Inc. Net interest income (expense) $ 486,577 $ ( 9,586) $ - $ 476,991 Provision for loan losses 36,541 ( 2) - 36,539 Non-interest income 130,681 12,137 ( 106) 142,712 Amortization of intangibles 2,375 24 - 2,399 Depreciation expense 14,018 186 - 14,204 Other operating expenses 361,295 ( 647) ( 776) 359,872 Income tax expense (benefit) 41,502 ( 392) 260 41,370 Net income (loss) $ 161,527 $ 3,382 $ 410 $ 165,319 Segment assets $ 52,161,404 $ 5,134,608 $ ( 4,815,597) $ 52,480,415 For the nine months ended September 30, 2019 Banco Popular Intersegment (In thousands) de Puerto Rico Popular U.S. Eliminations Net interest income $ 1,231,088 $ 221,856 $ ( 53) Provision for loan losses 94,651 23,647 - Non-interest income 369,026 17,309 ( 421) Amortization of intangibles 6,510 499 - Depreciation expense 36,154 6,215 - Other operating expenses 887,941 151,966 ( 409) Income tax expense 117,413 15,528 - Net income $ 457,445 $ 41,310 $ ( 65) Segment assets $ 42,080,292 $ 10,095,526 $ ( 14,414) For the nine months ended September 30, 2019 Reportable (In thousands) Segments Corporate Eliminations Total Popular, Inc. Net interest income (expense) $ 1,452,891 $ ( 28,621) $ - $ 1,424,270 Provision for loan losses 118,298 257 - 118,555 Non-interest income 385,914 33,537 ( 1,983) 417,468 Amortization of intangibles 7,009 73 - 7,082 Depreciation expense 42,369 559 - 42,928 Other operating expenses 1,039,498 ( 233) ( 2,365) 1,036,900 Income tax expense (benefit) 132,941 ( 1,158) 140 131,923 Net income $ 498,690 $ 5,418 $ 242 $ 504,350 Segment assets $ 52,161,404 $ 5,134,608 $ ( 4,815,597) $ 52,480,415 2018 For the quarter ended September 30, 2018 Banco Popular Intersegment (In thousands) de Puerto Rico Popular U.S. Eliminations Net interest income $ 388,533 $ 76,184 $ 3 Provision for loan losses 51,911 2,510 - Non-interest income 135,762 5,530 ( 141) Amortization of intangibles 2,157 167 - Depreciation expense 11,135 2,185 - Other operating expenses 282,124 44,279 ( 136) Income tax expense 39,421 10,439 - Net income $ 137,547 $ 22,134 $ ( 2) Segment assets $ 38,338,571 $ 9,388,787 $ ( 112,222) For the quarter ended September 30, 2018 Reportable (In thousands) Segments Corporate Eliminations Total Popular, Inc. Net interest income (expense) $ 464,720 $ ( 13,251) $ - $ 451,469 Provision (reversal) for loan losses 54,421 ( 34) - 54,387 Non-interest income 141,151 9,960 ( 90) 151,021 Amortization of intangibles 2,324 - - 2,324 Depreciation expense 13,320 188 - 13,508 Other operating expenses 326,267 23,995 ( 657) 349,605 Income tax expense (benefit) 49,860 ( 8,070) 228 42,018 Net income (loss) $ 159,679 $ ( 19,370) $ 339 $ 140,648 Segment assets $ 47,615,136 $ 5,478,884 $ ( 5,174,592) $ 47,919,428 For the nine months ended September 30, 2018 Banco Popular Intersegment (In thousands) de Puerto Rico Popular U.S. Eliminations Net interest income $ 1,073,522 $ 226,654 $ 5 Provision for loan losses 154,805 30,774 - Non-interest income 452,577 15,010 ( 420) Amortization of intangibles 6,474 499 - Depreciation expense 32,069 6,466 - Other operating expenses 777,574 135,305 ( 409) Income tax expense 41,088 15,759 - Net income $ 514,089 $ 52,861 $ ( 6) Segment assets $ 38,338,571 $ 9,388,787 $ ( 112,222) For the nine months ended September 30, 2018 Reportable (In thousands) Segments Corporate Eliminations Total Popular, Inc. Net interest income (expense) $ 1,300,181 $ ( 41,529) $ - $ 1,258,652 Provision (reversal) for loan losses 185,579 ( 75) - 185,504 Non-interest income 467,167 33,698 ( 1,538) 499,327 Amortization of intangibles 6,973 - - 6,973 Depreciation expense 38,535 548 - 39,083 Other operating expenses 912,470 68,766 ( 2,185) 979,051 Income tax expense (benefit) 56,847 ( 21,505) 271 35,613 Net income (loss) $ 566,944 $ ( 55,565) $ 376 $ 511,755 Segment assets $ 47,615,136 $ 5,478,884 $ ( 5,174,592) $ 47,919,428 2019 For the quarter ended September 30, 2019 Banco Popular de Puerto Rico Consumer Other Total Banco Commercial and Retail Financial Popular de (In thousands) Banking Banking Services Eliminations Puerto Rico Net interest income $ 160,038 $ 250,944 $ 1,212 $ ( 12) $ 412,182 Provision (reversal) for loan losses ( 23,619) 58,100 - - 34,481 Non-interest income 25,196 75,854 24,545 ( 727) 124,868 Amortization of intangibles 50 1,072 1,086 - 2,208 Depreciation expense 5,064 6,753 155 - 11,972 Other operating expenses 82,817 210,753 16,986 ( 741) 309,815 Income tax expense 29,340 2,649 3,297 - 35,286 Net income $ 91,582 $ 47,471 $ 4,233 $ 2 $ 143,288 Segment assets $ 35,590,229 $ 23,714,260 $ 379,126 $ ( 17,603,323) $ 42,080,292 For the nine months ended September 30, 2019 Banco Popular de Puerto Rico Consumer Other Total Banco Commercial and Retail Financial Popular de (In thousands) Banking Banking Services Eliminations Puerto Rico Net interest income $ 464,441 $ 762,913 $ 3,857 $ ( 123) $ 1,231,088 Provision (reversal) for loan losses ( 22,756) 117,407 - - 94,651 Non-interest income 74,481 220,064 76,733 ( 2,252) 369,026 Amortization of intangibles 147 3,218 3,145 - 6,510 Depreciation expense 14,615 21,071 468 - 36,154 Other operating expenses 229,767 611,348 49,076 ( 2,250) 887,941 Income tax expense 88,353 19,878 9,182 - 117,413 Net income $ 228,796 $ 210,055 $ 18,719 $ ( 125) $ 457,445 Segment assets $ 35,590,229 $ 23,714,260 $ 379,126 $ ( 17,603,323) $ 42,080,292 2018 For the quarter ended September 30, 2018 Banco Popular de Puerto Rico Consumer Other Eliminations Total Banco Commercial and Retail Financial and Other Popular de (In thousands) Banking Banking Services Adjustments [1] Puerto Rico Net interest income $ 145,397 $ 241,920 $ 1,232 $ ( 16) $ 388,533 Provision for loan losses 25,580 26,331 - - 51,911 Non-interest income 23,630 88,866 23,663 ( 397) 135,762 Amortization of intangibles 50 1,069 1,038 - 2,157 Depreciation expense 4,697 6,287 151 - 11,135 Other operating expenses 78,628 183,626 20,279 ( 409) 282,124 Income tax expense 11,068 27,436 917 - 39,421 Net income $ 49,004 $ 86,037 $ 2,510 $ ( 4) $ 137,547 Segment assets $ 28,247,478 $ 22,672,941 $ 336,311 $ ( 12,918,159) $ 38,338,571 For the nine months ended September 30, 2018 Banco Popular de Puerto Rico Consumer Other Eliminations Total Banco Commercial and Retail Financial and Other Popular de (In thousands) Banking Banking Services Adjustments [1] Puerto Rico Net interest income $ 430,341 $ 639,149 $ 4,066 $ ( 34) $ 1,073,522 Provision for loan losses 56,027 98,778 - - 154,805 Non-interest income 60,122 220,690 69,876 101,889 452,577 Amortization of intangibles 153 3,209 3,112 - 6,474 Depreciation expense 13,327 18,284 458 - 32,069 Other operating expenses 199,528 518,147 52,679 7,220 777,574 Income tax expense 52,640 46,625 5,711 ( 63,888) 41,088 Net income $ 168,788 $ 174,796 $ 11,982 $ 158,523 $ 514,089 Segment assets $ 28,247,478 $ 22,672,941 $ 336,311 $ ( 12,918,159) $ 38,338,571 [1] Includes the impact of the Termination Agreement with the FDIC and the Tax Closing Agreement entered into in connection with the FDIC transaction. These transactions resulted in a gain of $ 102.8 million reported in the non-interest income line, other operating expenses of $ 8.1 million and a net tax benefit of $ 63.9 million. Refer to Notes 10 and 33 to the Consolidated Financial Statements for additional information.
Schedule Of Revenues And Selected Balance Sheet Information By Geographic Area	Geographic Information Quarter ended Nine months ended (In thousands) September 30, 2019 September 30, 2018 September 30, 2019 September 30, 2018 Revenues: [1] Puerto Rico $ 505,608 $ 493,512 $ 1,507,386 $ 1,435,099 United States 94,510 90,659 278,330 264,232 Other 19,585 18,319 56,022 58,648 Total consolidated revenues $ 619,703 $ 602,490 $ 1,841,738 $ 1,757,979 [1] Total revenues include net interest income, service charges on deposit accounts, other service fees, mortgage banking activities, net gain (loss), including impairment on equity securities, net profit (loss) on trading account debt securities, indemnity reserves on loans sold expense, FDIC loss-share income and other operating income. Selected Balance Sheet Information: (In thousands) September 30, 2019 December 31, 2018 Puerto Rico Total assets $ 40,883,975 $ 36,863,930 Loans 18,752,442 18,837,742 Deposits 35,110,213 31,237,529 United States Total assets $ 10,716,967 $ 9,847,944 Loans 7,649,658 7,034,075 Deposits 7,676,409 6,878,599 Other Total assets $ 879,473 $ 892,703 Loans 662,245 687,494 Deposits [1] 1,379,573 1,593,911 [1] Represents deposits from BPPR operations located in the U.S. and British Virgin Islands.

Condensed consolidating finan_2

Condensed consolidating financial information of guarantor and issuers of registered guaranteed securities (Tables)	9 Months Ended
	Sep. 30, 2019
Table Text Block
Condensed Balance Sheet	Condensed Consolidating Statement of Financial Condition (Unaudited) At September 30, 2019 All other Popular Inc. PNA subsidiaries and Elimination Popular, Inc. (In thousands) Holding Co. Holding Co. eliminations entries Consolidated Assets: Cash and due from banks $ 114,897 $ - $ 502,058 $ ( 114,895) $ 502,060 Money market investments 141,513 12,657 5,168,072 ( 153,657) 5,168,585 Trading account debt securities, at fair value - - 36,303 - 36,303 Debt securities available-for-sale, at fair value - - 16,479,110 - 16,479,110 Debt securities held-to-maturity, at amortized cost 8,726 2,835 86,146 - 97,707 Equity securities 9,918 20 150,702 ( 182) 160,458 Investment in subsidiaries 6,150,826 1,794,752 - ( 7,945,578) - Loans held-for-sale, at lower of cost or fair value - - 56,370 - 56,370 Loans held-in-portfolio 32,163 - 27,143,123 5,955 27,181,241 Less - Unearned income - - 173,266 - 173,266 Allowance for loan losses 412 - 511,953 - 512,365 Total loans held-in-portfolio, net 31,751 - 26,457,904 5,955 26,495,610 Premises and equipment, net 3,583 - 543,480 - 547,063 Other real estate 146 - 117,782 - 117,928 Accrued income receivable 277 17 164,596 ( 112) 164,778 Mortgage servicing assets, at fair value - - 150,652 - 150,652 Other assets 91,858 24,432 1,713,547 ( 18,647) 1,811,190 Goodwill - - 671,123 ( 1) 671,122 Other intangible assets 6,488 - 14,991 - 21,479 Total assets $ 6,559,983 $ 1,834,713 $ 52,312,836 $ ( 8,227,117) $ 52,480,415 Liabilities and Stockholders' Equity Liabilities: Deposits: Non-interest bearing $ - $ - $ 8,886,865 $ ( 114,895) $ 8,771,970 Interest bearing - - 35,547,882 ( 153,657) 35,394,225 Total deposits - - 44,434,747 ( 268,552) 44,166,195 Assets sold under agreements to repurchase - - 213,097 - 213,097 Notes payable 585,802 94,084 486,784 - 1,166,670 Other liabilities 65,802 1,651 977,742 ( 19,190) 1,026,005 Total liabilities 651,604 95,735 46,112,370 ( 287,742) 46,571,967 Stockholders' equity: Preferred stock 50,160 - - - 50,160 Common stock 1,044 2 56,307 ( 56,309) 1,044 Surplus 4,308,851 4,173,120 5,782,145 ( 9,946,560) 4,317,556 Retained earnings (accumulated deficit) 2,079,725 ( 2,437,754) 494,889 1,934,338 2,071,198 Treasury stock, at cost ( 392,521) - - ( 109) ( 392,630) Accumulated other comprehensive loss,net of tax ( 138,880) 3,610 ( 132,875) 129,265 ( 138,880) Total stockholders' equity 5,908,379 1,738,978 6,200,466 ( 7,939,375) 5,908,448 Total liabilities and stockholders' equity $ 6,559,983 $ 1,834,713 $ 52,312,836 $ ( 8,227,117) $ 52,480,415 Condensed Consolidating Statement of Financial Condition (Unaudited) At December 31, 2018 All other Popular, Inc. PNA subsidiaries and Elimination Popular, Inc. (In thousands) Holding Co. Holding Co. eliminations entries Consolidated Assets: Cash and due from banks $ 68,022 $ - $ 394,035 $ ( 68,022) $ 394,035 Money market investments 176,256 15,288 4,170,792 ( 191,288) 4,171,048 Trading account debt securities, at fair value - - 37,787 - 37,787 Debt securities available-for-sale, at fair value - - 13,300,184 - 13,300,184 Debt securities held-to-maturity, at amortized cost 8,726 2,835 90,014 - 101,575 Equity securities 6,693 20 149,012 ( 141) 155,584 Investment in subsidiaries 5,704,119 1,700,082 - ( 7,404,201) - Loans held-for-sale, at lower of cost or fair value - - 51,422 - 51,422 Loans held-in-portfolio 32,678 - 26,625,080 5,955 26,663,713 Less - Unearned income - - 155,824 - 155,824 Allowance for loan losses 155 - 569,193 - 569,348 Total loans held-in-portfolio, net 32,523 - 25,900,063 5,955 25,938,541 Premises and equipment, net 3,394 - 566,414 - 569,808 Other real estate 146 - 136,559 - 136,705 Accrued income receivable 284 116 165,767 ( 145) 166,022 Mortgage servicing assets, at fair value - - 169,777 - 169,777 Other assets 76,073 27,639 1,626,119 ( 15,697) 1,714,134 Goodwill - - 671,123 ( 1) 671,122 Other intangible assets 6,559 - 20,274 - 26,833 Total assets $ 6,082,795 $ 1,745,980 $ 47,449,342 $ ( 7,673,540) $ 47,604,577 Liabilities and Stockholders' Equity Liabilities: Deposits: Non-interest bearing $ - $ - $ 9,217,058 $ ( 68,022) $ 9,149,036 Interest bearing - - 30,752,291 ( 191,288) 30,561,003 Total deposits - - 39,969,349 ( 259,310) 39,710,039 Assets sold under agreements to repurchase - - 281,529 - 281,529 Other short-term borrowings - - 42 - 42 Notes payable 584,851 94,063 577,188 - 1,256,102 Other liabilities 62,799 3,287 871,733 ( 16,011) 921,808 Total liabilities 647,650 97,350 41,699,841 ( 275,321) 42,169,520 Stockholders' equity: Preferred stock 50,160 - - - 50,160 Common stock 1,043 2 56,307 ( 56,309) 1,043 Surplus 4,357,079 4,172,983 5,790,324 ( 9,954,780) 4,365,606 Retained earnings (accumulated deficit) 1,660,258 ( 2,479,503) 327,713 2,143,263 1,651,731 Treasury stock, at cost ( 205,421) - - ( 88) ( 205,509) Accumulated other comprehensive loss,net of tax ( 427,974) ( 44,852) ( 424,843) 469,695 ( 427,974) Total stockholders' equity 5,435,145 1,648,630 5,749,501 ( 7,398,219) 5,435,057 Total liabilities and stockholders' equity $ 6,082,795 $ 1,745,980 $ 47,449,342 $ ( 7,673,540) $ 47,604,577
Condensed Income Statement	Condensed Consolidating Statement of Operations (Unaudited) Quarter ended September 30, 2019 All other Popular, Inc. PNA subsidiaries and Elimination Popular, Inc. (In thousands) Holding Co. Holding Co. eliminations entries Consolidated Interest and dividend income: Dividend income from subsidiaries $ 102,000 $ - $ - $ ( 102,000) $ - Loans 576 - 452,739 - 453,315 Money market investments 758 55 19,120 ( 814) 19,119 Investment securities 160 46 99,336 - 99,542 Total interest and dividend income 103,494 101 571,195 ( 102,814) 571,976 Interest expense: Deposits - - 79,574 ( 814) 78,760 Short-term borrowings - - 1,572 - 1,572 Long-term debt 9,632 1,556 3,465 - 14,653 Total interest expense 9,632 1,556 84,611 ( 814) 94,985 Net interest income (expense) 93,862 ( 1,455) 486,584 ( 102,000) 476,991 Provision (reversal) for loan losses- non-covered loans ( 2) - 36,541 - 36,539 Net interest income (expense) after provision (reversal) for loan losses 93,864 ( 1,455) 450,043 ( 102,000) 440,452 Service charges on deposit accounts - - 40,969 - 40,969 Other service fees - - 71,393 ( 84) 71,309 Mortgage banking activities - - 10,492 - 10,492 Net gain, including impairment on equity securities 64 - 148 1 213 Net loss on sale of debt securities - - ( 20) - ( 20) Net profit on trading account debt securities - - 295 - 295 Indemnity reserves on loans sold expense - - ( 3,411) - ( 3,411) Other operating income (expense) 4,626 ( 350) 18,610 ( 21) 22,865 Total non-interest income 4,690 ( 350) 138,476 ( 104) 142,712 Operating expenses: Personnel costs 14,207 - 133,475 - 147,682 Net occupancy expenses 1,006 - 23,589 - 24,595 Equipment expenses 917 1 20,678 - 21,596 Other taxes 61 - 13,967 - 14,028 Professional fees 6,370 13 92,263 ( 85) 98,561 Communications 150 - 5,731 - 5,881 Business promotion 754 - 17,611 - 18,365 FDIC deposit insurance - - 2,923 - 2,923 Other real estate owned (OREO) expenses - - ( 185) - ( 185) Other operating expenses ( 24,112) 14 65,418 ( 690) 40,630 Amortization of intangibles 24 - 2,375 - 2,399 Total operating expenses ( 623) 28 377,845 ( 775) 376,475 Income (loss) before income tax and equity in (losses) earnings of subsidiaries 99,177 ( 1,833) 210,674 ( 101,329) 206,689 Income tax (benefit) expense - ( 385) 41,494 261 41,370 Income (loss) before equity in (losses) earnings of subsidiaries 99,177 ( 1,448) 169,180 ( 101,590) 165,319 Equity in undistributed earnings of subsidiaries 66,142 18,210 - ( 84,352) - Net income $ 165,319 $ 16,762 $ 169,180 $ ( 185,942) $ 165,319 Comprehensive income, net of tax $ 217,652 $ 25,872 $ 222,592 $ ( 248,464) $ 217,652 Condensed Consolidating Statement of Operations (Unaudited) Nine months ended September 30, 2019 All other Popular, Inc. PNA subsidiaries and Elimination Popular, Inc. (In thousands) Holding Co. Holding Co. eliminations entries Consolidated Interest and dividend income: Dividend income from subsidiaries $ 356,300 $ - $ - $ ( 356,300) $ - Loans 1,661 - 1,353,571 - 1,355,232 Money market investments 2,498 161 70,873 ( 2,659) 70,873 Investment securities 473 139 274,207 - 274,819 Total interest and dividend income 360,932 300 1,698,651 ( 358,959) 1,700,924 Interest expense: Deposits - - 230,694 ( 2,659) 228,035 Short-term borrowings - - 4,828 - 4,828 Long-term debt 28,896 4,671 10,224 - 43,791 Total interest expense 28,896 4,671 245,746 ( 2,659) 276,654 Net interest income (expense) 332,036 ( 4,371) 1,452,905 ( 356,300) 1,424,270 Provision for loan losses- non-covered loans 257 - 118,298 - 118,555 Net interest income (expense) after provision (reversal) for loan losses 331,779 ( 4,371) 1,334,607 ( 356,300) 1,305,715 Service charges on deposit accounts - - 119,277 - 119,277 Other service fees 2 - 211,565 ( 1,920) 209,647 Mortgage banking activities - - 18,645 - 18,645 Net loss on sale of debt securities - - ( 20) - ( 20) Net gain, including impairment on equity securities 934 - 1,261 ( 21) 2,174 Net gain on trading account debt securities - - 977 - 977 Indemnity reserves on loans sold expense - - ( 1,664) - ( 1,664) Other operating income (expense) 13,431 ( 984) 56,026 ( 41) 68,432 Total non-interest income (expense) 14,367 ( 984) 406,067 ( 1,982) 417,468 Operating expenses: Personnel costs 46,910 - 385,388 - 432,298 Net occupancy expenses 3,231 - 68,243 ( 43) 71,431 Equipment expenses 2,616 3 60,005 - 62,624 Other taxes 185 1 38,081 - 38,267 Professional fees 13,780 68 267,841 ( 414) 281,275 Communications 483 - 17,202 - 17,685 Business promotion 2,435 - 49,723 - 52,158 FDIC deposit insurance - - 13,007 - 13,007 Other real estate owned (OREO) expenses - - 3,729 - 3,729 Other operating expenses ( 69,904) 43 179,123 ( 1,908) 107,354 Amortization of intangibles 73 - 7,009 - 7,082 Total operating expenses ( 191) 115 1,089,351 ( 2,365) 1,086,910 Income (loss) before income tax and equity (losses) in earnings of subsidiaries 346,337 ( 5,470) 651,323 ( 355,917) 636,273 Income tax (benefit) expense - ( 1,149) 132,932 140 131,923 Income (loss) before equity in earnings of subsidiaries 346,337 ( 4,321) 518,391 ( 356,057) 504,350 Equity in undistributed earnings of subsidiaries 158,013 41,248 - ( 199,261) - Net income $ 504,350 $ 36,927 $ 518,391 $ ( 555,318) $ 504,350 Comprehensive income, net of tax $ 793,444 $ 85,389 $ 810,359 $ ( 895,748) $ 793,444 Condensed Consolidating Statement of Operations (Unaudited) Quarter ended September 30, 2018 All other Popular, Inc. PNA subsidiaries and Elimination Popular, Inc. (In thousands) Holding Co. Holding Co. eliminations entries Consolidated Interest and dividend income: Dividend income from subsidiaries $ 52,000 $ - $ - $ ( 52,000) $ - Loans 537 - 430,122 ( 22) 430,637 Money market investments 2,429 16 27,582 ( 2,446) 27,581 Investment securities 150 72 69,925 - 70,147 Total interest and dividend income 55,116 88 527,629 ( 54,468) 528,365 Interest expense: Deposits - - 57,580 ( 2,446) 55,134 Short-term borrowings - 22 1,622 ( 22) 1,622 Long-term debt 14,045 2,390 3,705 - 20,140 Total interest expense 14,045 2,412 62,907 ( 2,468) 76,896 Net interest income (expense) 41,071 ( 2,324) 464,722 ( 52,000) 451,469 Provision (reversal) for loan losses- non-covered loans ( 34) - 54,421 - 54,387 Net interest income (expense) after provision (reversal) for loan losses 41,105 ( 2,324) 410,301 ( 52,000) 397,082 Service charges on deposit accounts - - 38,147 - 38,147 Other service fees - - 64,382 ( 66) 64,316 Mortgage banking activities - - 11,269 - 11,269 Net gain, including impairment on equity securities 172 - 216 ( 18) 370 Net loss on trading account debt securities - - ( 122) - ( 122) Indemnity reserves on loans sold expense - - ( 3,029) - ( 3,029) Other operating income (expense) 3,643 ( 118) 36,551 ( 6) 40,070 Total non-interest income (expense) 3,815 ( 118) 147,414 ( 90) 151,021 Operating expenses: Personnel costs 15,803 - 123,954 - 139,757 Net occupancy expenses 984 - 17,618 - 18,602 Equipment expenses 1,037 - 17,266 - 18,303 Other taxes 71 - 11,852 - 11,923 Professional fees 3,889 20 80,017 ( 66) 83,860 Communications 144 - 5,910 - 6,054 Business promotion 520 - 14,958 - 15,478 FDIC deposit insurance - - 8,610 - 8,610 Other real estate owned (OREO) expenses - - 7,950 - 7,950 Other operating expenses ( 23,600) 13 76,754 ( 591) 52,576 Amortization of intangibles - - 2,324 - 2,324 Total operating expenses ( 1,152) 33 367,213 ( 657) 365,437 Income (loss) before income tax and equity in earnings (losses) of subsidiaries 46,072 ( 2,475) 190,502 ( 51,433) 182,666 Income tax (benefit) expense - ( 520) 42,310 228 42,018 Income (loss) before equity in earnings (losses) of subsidiaries 46,072 ( 1,955) 148,192 ( 51,661) 140,648 Equity in undistributed earnings of subsidiaries 94,576 19,722 - ( 114,298) - Net income $ 140,648 $ 17,767 $ 148,192 $ ( 165,959) $ 140,648 Comprehensive income, net of tax $ 103,251 $ 11,770 $ 111,369 $ ( 123,139) $ 103,251 Condensed Consolidating Statement of Operations (Unaudited) Nine months ended September 30, 2018 All other Popular, Inc. PNA subsidiaries and Elimination Popular, Inc. (In thousands) Holding Co. Holding Co. eliminations entries Consolidated Interest and dividend income: Dividend income from subsidiaries $ 402,000 $ - $ - $ ( 402,000) $ - Loans 1,601 - 1,188,946 ( 49) 1,190,498 Money market investments 4,267 18 86,258 ( 4,285) 86,258 Investment securities 447 233 184,857 - 185,537 Total interest and dividend income 408,315 251 1,460,061 ( 406,334) 1,462,293 Interest expense: Deposits - - 143,335 ( 4,285) 139,050 Short-term borrowings - 49 5,387 ( 49) 5,387 Long-term debt 40,280 7,773 11,151 - 59,204 Total interest expense 40,280 7,822 159,873 ( 4,334) 203,641 Net interest income (expense) 368,035 ( 7,571) 1,300,188 ( 402,000) 1,258,652 Provision (reversal) for loan losses- non-covered loans ( 75) - 183,849 - 183,774 Provision for loan losses- covered loans - - 1,730 - 1,730 Net interest income (expense) after provision (reversal) for loan losses 368,110 ( 7,571) 1,114,609 ( 402,000) 1,073,148 Service charges on deposit accounts - - 111,704 - 111,704 Other service fees - - 189,253 ( 1,459) 187,794 Mortgage banking activities - - 33,408 - 33,408 Net gain (loss), including impairment on equity securities 176 - ( 170) ( 48) ( 42) Net loss on trading account debt securities - - ( 299) - ( 299) Indemnity reserves on loans sold expense - - ( 6,482) - ( 6,482) FDIC loss-share income - - 94,725 - 94,725 Other operating income 11,139 278 67,133 ( 31) 78,519 Total non-interest income 11,315 278 489,272 ( 1,538) 499,327 Operating expenses: Personnel costs 43,365 - 346,576 - 389,941 Net occupancy expenses 3,081 - 60,748 - 63,829 Equipment expenses 2,581 2 50,701 - 53,284 Other taxes 168 1 33,532 - 33,701 Professional fees 13,245 128 247,764 ( 389) 260,748 Communications 380 - 16,962 - 17,342 Business promotion 1,323 - 42,942 - 44,265 FDIC deposit insurance - - 22,534 - 22,534 Other real estate owned (OREO) expenses - - 21,028 - 21,028 Other operating expenses ( 64,352) 67 177,543 ( 1,796) 111,462 Amortization of intangibles - - 6,973 - 6,973 Total operating expenses ( 209) 198 1,027,303 ( 2,185) 1,025,107 Income (loss) before income tax and equity (losses) in earnings of subsidiaries 379,634 ( 7,491) 576,578 ( 401,353) 547,368 Income tax expense (benefit) - 372 34,970 271 35,613 Income (loss) before equity in earnings of subsidiaries 379,634 ( 7,863) 541,608 ( 401,624) 511,755 Equity in undistributed earnings of subsidiaries 132,121 45,772 - ( 177,893) - Net income $ 511,755 $ 37,909 $ 541,608 $ ( 579,517) $ 511,755 Comprehensive income, net of tax $ 328,218 $ 3,755 $ 358,368 $ ( 362,123) $ 328,218
Condensed Cash Flow Statement	Condensed Consolidating Statement of Cash Flows Nine months ended September 30, 2019 All other Popular, Inc. PNA subsidiaries Elimination Popular, Inc. (In thousands) Holding Co. Holding Co. and eliminations entries Consolidated Cash flows from operating activities: Net income $ 504,350 $ 36,927 $ 518,391 $ ( 555,318) $ 504,350 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Equity in earnings of subsidiaries, net of dividends or distributions ( 158,013) ( 41,248) - 199,261 - Provision for loan losses 257 - 118,298 - 118,555 Amortization of intangibles 73 - 7,009 - 7,082 Depreciation and amortization of premises and equipment 559 - 42,369 - 42,928 Net accretion of discounts and amortization of premiums and deferred fees 933 20 ( 127,501) - ( 126,548) Share-based compensation 7,517 - 3,901 - 11,418 Impairment losses on long-lived assets - - 2,591 - 2,591 Fair value adjustments on mortgage servicing rights - - 25,853 - 25,853 Indemnity reserves on loans sold expense - - 1,664 - 1,664 (Earnings) losses from investments under the equity method, net of dividends or distributions ( 11,683) 984 ( 7,762) - ( 18,461) Deferred income tax (benefit) expense - ( 1,149) 111,067 140 110,058 Loss (gain) on: Disposition of premises and equipment and other productive assets 39 - ( 5,172) - ( 5,133) Sale of debt securities - - 20 - 20 Sale of loans, including valuation adjustments on loans held for sale and mortgage banking activities - - ( 11,360) - ( 11,360) Sale of foreclosed assets, including write-downs - - ( 15,858) - ( 15,858) Acquisitions of loans held-for-sale - - ( 157,993) - ( 157,993) Proceeds from sale of loans held-for-sale - - 51,067 - 51,067 Net originations on loans held-for-sale - - ( 208,875) - ( 208,875) Net decrease (increase) in: Trading debt securities - - 333,013 - 333,013 Equity securities ( 3,225) - ( 3,257) - ( 6,482) Accrued income receivable 7 99 7,651 ( 33) 7,724 Other assets ( 1,559) 43 ( 14,130) 2,809 ( 12,837) Net decrease in: Interest payable ( 4,594) ( 1,551) ( 788) 33 ( 6,900) Pension and other postretirement benefits obligations - - ( 4,979) - ( 4,979) Other liabilities ( 681) ( 85) ( 98,071) ( 3,212) ( 102,049) Total adjustments ( 170,370) ( 42,887) 48,757 198,998 34,498 Net cash provided by (used in) operating activities 333,980 ( 5,960) 567,148 ( 356,320) 538,848 Cash flows from investing activities: Net decrease (increase) in money market investments 35,000 2,631 ( 1,000,840) ( 37,631) ( 1,000,840) Purchases of investment securities: Available-for-sale - - ( 13,579,074) - ( 13,579,074) Equity - - ( 15,515) 41 ( 15,474) Proceeds from calls, paydowns, maturities and redemptions of investment securities: Available-for-sale - - 10,671,630 - 10,671,630 Held-to-maturity - - 5,325 - 5,325 Proceeds from sale of investment securities: Available for sale - - 99,445 - 99,445 Equity - - 17,083 - 17,083 Net repayments (disbursements) on loans 533 - ( 325,012) - ( 324,479) Proceeds from sale of loans - - 77,327 - 77,327 Acquisition of loan portfolios - - ( 421,482) - ( 421,482) Payments to acquire other intangible - - ( 793) - ( 793) Return of capital from equity method investments - 3,329 ( 582) - 2,747 Capital contribution to subsidiary ( 4,000) - - 4,000 - Return of capital from wholly-owned subsidiaries 13,000 - - ( 13,000) - Acquisition of premises and equipment ( 791) - ( 45,170) - ( 45,961) Proceeds from sale of: Premises and equipment and other productive assets 3 - 17,183 - 17,186 Foreclosed assets - - 83,848 - 83,848 Net cash provided by (used in) investing activities 43,745 5,960 ( 4,416,627) ( 46,590) ( 4,413,512) Cash flows from financing activities: Net increase (decrease) in: Deposits - - 4,463,708 ( 9,242) 4,454,466 Assets sold under agreements to repurchase - - ( 68,433) - ( 68,433) Other short-term borrowings - - ( 41) - ( 41) Payments of notes payable - - ( 144,991) - ( 144,991) Principal payments of finance leases - - ( 1,269) - ( 1,269) Proceeds from issuance of notes payable - - 75,000 - 75,000 Proceeds from issuance of common stock 11,256 - ( 4,733) - 6,523 Dividends paid to parent company - - ( 356,300) 356,300 - Dividends paid ( 85,863) - - - ( 85,863) Net payments for repurchase of common stock ( 250,566) - 13 ( 21) ( 250,574) Return of capital to parent company - - ( 13,000) 13,000 - Capital contribution from parent - - 4,000 ( 4,000) - Payments related to tax withholding for share-based compensation ( 5,420) - ( 12) - ( 5,432) Net cash (used in) provided by financing activities ( 330,593) - 3,953,942 356,037 3,979,386 Net increase in cash and due from banks, and restricted cash 47,132 - 104,463 ( 46,873) 104,722 Cash and due from banks, and restricted cash at beginning of period 68,278 - 402,995 ( 68,022) 403,251 Cash and due from banks, and restricted cash at end of period $ 115,410 $ - $ 507,458 $ ( 114,895) $ 507,973 Condensed Consolidating Statement of Cash Flows (Unaudited) Nine months ended September 30, 2018 All other Popular, Inc. PNA subsidiaries Elimination Popular, Inc. (In thousands) Holding Co. Holding Co. and eliminations entries Consolidated Cash flows from operating activities: Net income $ 511,755 $ 37,909 $ 541,608 $ ( 579,517) $ 511,755 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Equity in earnings of subsidiaries, net of dividends or distributions ( 132,121) ( 45,772) - 177,893 - Provision (reversal) for loan losses ( 75) - 185,579 - 185,504 Amortization of intangibles - - 6,973 - 6,973 Depreciation and amortization of premises and equipment 548 - 38,535 - 39,083 Net accretion of discounts and amortization of premiums and deferred fees 1,624 20 ( 45,177) - ( 43,533) Share-based compensation 4,149 - 1,813 - 5,962 Impairment losses on long-lived assets - - 272 - 272 Fair value adjustments on mortgage servicing rights - - 13,123 - 13,123 FDIC loss-share income - - ( 94,725) - ( 94,725) Adjustments to indemnity reserves on loans sold - - 6,482 - 6,482 Earnings from investments under the equity method, net of dividends or distributions ( 10,557) ( 278) ( 3,937) - ( 14,772) Deferred income tax benefit - ( 1,453) ( 96,525) 270 ( 97,708) Loss (gain) on: Disposition of premises and equipment and other productive assets 15 - 17,679 - 17,694 Proceeds from insurance claims - - ( 14,411) - ( 14,411) Sale of loans, including valuation adjustments on loans held for sale and mortgage banking activities - - ( 6,734) - ( 6,734) Sale of foreclosed assets, including write-downs - - ( 638) - ( 638) Acquisitions of loans held-for-sale - - ( 173,644) - ( 173,644) Proceeds from sale of loans held-for-sale - - 51,131 - 51,131 Net originations on loans held-for-sale - - ( 186,063) - ( 186,063) Net decrease (increase) in: Trading debt securities - - 346,556 ( 101) 346,455 Equity securities ( 1,779) - ( 701) - ( 2,480) Accrued income receivable ( 411) 90 51,779 410 51,868 Other assets ( 2,352) 52 237,585 ( 449) 234,836 Net (decrease) increase in: Interest payable ( 7,007) ( 3,441) 925 ( 410) ( 9,933) Pension and other postretirement benefits obligations - - 3,392 - 3,392 Other liabilities 2,160 9 ( 198,958) ( 246) ( 197,035) Total adjustments ( 145,806) ( 50,773) 140,311 177,367 121,099 Net cash provided by (used in) operating activities 365,949 ( 12,864) 681,919 ( 402,150) 632,854 Cash flows from investing activities: Net (increase) decrease in money market investments ( 395,000) ( 7,230) 647,519 402,230 647,519 Purchases of investment securities: Available-for-sale - - ( 6,968,920) - ( 6,968,920) Equity - - ( 11,456) 152 ( 11,304) Proceeds from calls, paydowns, maturities and redemptions of investment securities: Available-for-sale - - 3,925,362 - 3,925,362 Held-to-maturity - 1,637 5,547 - 7,184 Proceeds from sale of investment securities: Equity - - 20,925 - 20,925 Net repayments (disbursements) on loans 395 - ( 15,999) - ( 15,604) Proceeds from sale of loans - - 1,354 - 1,354 Acquisition of loan portfolios - - ( 461,117) - ( 461,117) Net payments (to) from FDIC under loss-sharing agreements - - ( 25,012) - ( 25,012) Payments to acquire businesses, net of cash acquired - - ( 1,830,050) - ( 1,830,050) Return of capital from equity method investments - 497 2,004 - 2,501 Capital contribution to subsidiary ( 82,000) - - 82,000 - Return of capital from wholly-owned subsidiaries 13,000 - - ( 13,000) - Acquisition of premises and equipment ( 755) - ( 52,389) - ( 53,144) Proceeds from insurance claims - - 14,411 - 14,411 Proceeds from sale of: Premises and equipment and other productive assets 195 - 6,796 - 6,991 Foreclosed assets - - 85,622 - 85,622 Net cash used in investing activities ( 464,165) ( 5,096) ( 4,655,403) 471,382 ( 4,653,282) Cash flows from financing activities: Net increase (decrease) in: Deposits - - 4,596,970 ( 403,111) 4,193,859 Assets sold under agreements to repurchase - - ( 90,805) - ( 90,805) Other short-term borrowings - - ( 95,008) - ( 95,008) Payments of notes payable - ( 54,502) ( 172,474) - ( 226,976) Proceeds from issuance of notes payable 294,706 - 140,000 - 434,706 Proceeds from issuance of common stock 11,441 - ( 589) - 10,852 Dividends paid to parent company - - ( 402,000) 402,000 - Dividends paid ( 79,115) - - - ( 79,115) Net payments for repurchase of common stock ( 125,323) - - ( 3) ( 125,326) Return of capital to parent company - - ( 13,000) 13,000 - Capital contribution from parent - 72,000 10,000 ( 82,000) - Payments related to tax withholding for share-based compensation ( 2,162) - ( 43) - ( 2,205) Net cash (used in) provided by financing activities 99,547 17,498 3,973,051 ( 70,114) 4,019,982 Net increase (decrease) in cash and due from banks, and restricted cash 1,331 ( 462) ( 433) ( 882) ( 446) Cash and due from banks, and restricted cash at beginning of period 48,120 462 412,225 ( 48,178) 412,629 Cash and due from banks, and restricted cash at end of period $ 49,451 $ - $ 411,792 $ ( 49,060) $ 412,183

New Accounting Pronouncement -

New Accounting Pronouncement - Additional Information (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Jan. 01, 2019	Dec. 31, 2018	Sep. 30, 2018
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Operating lease right of use asset	$ 137,076		$ 0
Opearing lease liability	152,421		$ 0
Cumulative effect of accounting change	$ 4,905			$ 1,935
ASU 2016-02
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Operating lease right of use asset		$ 139,000
Deferred rent liabilities		15,000
Opearing lease liability		154,000
Cumulative effect of accounting change		$ 4,800
ASU 2016-13
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Decrease to the Common Equity Tier One and Total Capital ratio	30.00%
Tier 2 Allowance Limit	1.25%
ASU 2016-13 | Minimum
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Allowance for credit loss, increase (decrease)	$ 360,000
Allowance for credit loss change of existing reserve	85.00%
ASU 2016-13 | Maximum
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Allowance for credit loss, increase (decrease)	$ 400,000
Allowance for credit loss change of existing reserve	95.00%

Business combination - Fair val

Business combination - Fair value of major classes of identifiable assets acquired and liabilities assumed (Details) - USD ($) $ in Thousands	1 Months Ended
	Aug. 01, 2018	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Dec. 31, 2017
Assets:
Trademark		$ 6,100	$ 6,100
Labilities:
Goodwill on acquisition		$ 671,122	$ 671,122	$ 687,536	$ 627,294
Reliable Financial Services
Business Acquisition [Line Items]
Cash consideration	$ 1,843,256
Assets:
Loans	1,802,463
Premises and equipment	1,246
Accrued income receivables	1,466
Other assets	4,929
Trademark	488
Total assets	1,810,592
Labilities:
Other liabilities	11,164
Total liabilities	11,164
Net assets acquired	1,799,428
Goodwill on acquisition	43,828
Reliable Financial Services | Book Value Before Acquisition Adjustment
Business Acquisition [Line Items]
Cash consideration	1,843,256
Assets:
Loans	1,912,866
Premises and equipment	1,246
Accrued income receivables	1,466
Other assets	5,020
Trademark	0
Total assets	1,920,598
Labilities:
Other liabilities	11,164
Total liabilities	11,164
Net assets acquired	1,909,434
Reliable Financial Services | Fair value adjustment
Business Acquisition [Line Items]
Cash consideration	0
Assets:
Loans	(126,908)
Premises and equipment	0
Accrued income receivables	0
Other assets	0
Trademark	488
Total assets	(126,420)
Labilities:
Other liabilities	0
Total liabilities	0
Net assets acquired	(126,420)
Reliable Financial Services | Period adjustment
Business Acquisition [Line Items]
Cash consideration	0
Assets:
Loans	16,505
Premises and equipment	0
Accrued income receivables	0
Other assets	(91)
Trademark	0
Total assets	16,414
Labilities:
Other liabilities	0
Total liabilities	0
Net assets acquired	$ 16,414

Business combination - Fair v_2

Business combination - Fair value of major classes of identifiable assets acquired and liabilities assumed - Parenthetical (Details) - Reliable Financial Services $ in Thousands	Aug. 01, 2018USD ($)
Business Acquisition [Line Items]
Loans	$ 1,802,463
Fair value adjustment
Business Acquisition [Line Items]
Loans	(126,908)
Auto Loan
Business Acquisition [Line Items]
Loans	1,600,000
Auto Loan | Fair value adjustment
Business Acquisition [Line Items]
Loans	106,000
Commercial Loans
Business Acquisition [Line Items]
Loans	341,000
Commercial Loans | Fair value adjustment
Business Acquisition [Line Items]
Loans	$ 4,000

Business Combination - Addition

Business Combination - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2018	Aug. 01, 2018
Business Acquisition [Line Items]
Measurement period adjustments	$ 16,500
Auto Loan
Business Acquisition [Line Items]
Measurement period adjustments	12,200
Commercial Loans
Business Acquisition [Line Items]
Measurement period adjustments	$ 4,300
Reliable Financial Services
Business Acquisition [Line Items]
Loans		$ 1,802,463
Reliable Financial Services | Auto Loan
Business Acquisition [Line Items]
Receivables estimated uncollectible		105,000
Loans		1,600,000
Loan receivables		1,800,000
Reliable Financial Services | Auto Loan | Wells Fargo
Business Acquisition [Line Items]
Loans amount servicing agreement retained by counterparty		398,000
Reliable Financial Services | Commercial Loans
Business Acquisition [Line Items]
Receivables estimated uncollectible		3,000
Loans		341,000
Loan receivables		$ 348,000

Restrictions on cash and due _2

Restrictions on cash and due from banks and certain securities - Additional Information (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Disclosure - Restrictions on Cash and Due from Banks and Certain Securities - Additional Information [Abstract]
Average Reserve Required With Federal Reserve Bank	$ 1,600	$ 1,600
Restricted Cash And Cash Equivalents	$ 49	$ 62

Debt Securities Available for S

Debt Securities Available for Sale - Weighted average yield and contractual maturities of debt securities AFS (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Schedule of Available-for-sale Securities [Line Items]
Debt securities available-for-sale, at fair value	$ 16,479,110	$ 13,300,184
Gross Unrealized Gains	163,664	30,929
Gross Unrealized Losses	36,297	209,307
Amortized Cost	16,351,743	13,478,562
Amortized cost
Amortized Cost	16,351,743	13,478,562
Gross unrealized gains
Gross unrealized gains	163,664	30,929
Gross unrealized loss
Gross unrealized losses	$ 36,297	$ 209,307
Weighted average yield
Weighted Average Yield	2.20%	2.25%
US Treasury Securities
Amortized cost
Amortized cost - Within 1 year	$ 5,593,503	$ 3,565,571
Amortized cost - After 1 to 5 years	4,200,129	4,483,741
Amortized cost - After 5 to 10 years	624,188	245,891
Amortized Cost	10,417,820	8,295,203
Gross unrealized gains
Gross unrealized gain - Within 1 year	2,924	108
Gross unrealized gain - After 1 to 5 years	86,143	13,647
Gross unrealized gain - After 5 to 10 years	1,912	3,770
Gross unrealized gains	90,979	17,525
Gross unrealized loss
Gross unrealized losses - Within 1 year	1,789	5,319
Gross unrealized losses - After 1 to 5 years	862	35,213
Gross unrealized losses - After 5 to 10 years	1,860	0
Gross unrealized losses	4,511	40,532
Fair Value
Fair value - Within 1 year	5,594,638	3,560,360
Fair value - After 1 to 5 years	4,285,410	4,462,175
Fair value - After 5 to 10 years	624,240	249,661
Fair Value	$ 10,504,288	$ 8,272,196
Weighted average yield
Weighted average yield - Within 1 year	1.88%	2.10%
Weighted average yield - After 1 to 5 years	2.34%	2.25%
Weighted average yield - After 5 to 10 years	1.60%	2.84%
Weighted Average Yield	2.05%	2.21%
Obligations of U.S. Government sponsored entities
Amortized cost
Amortized cost - Within 1 year	$ 127,485	$ 212,951
Amortized cost - After 1 to 5 years	60,005	123,857
Amortized Cost	187,490	336,808
Gross unrealized gains
Gross unrealized gain - Within 1 year	6	0
Gross unrealized gain - After 1 to 5 years	1	1
Gross unrealized gains	7	1
Gross unrealized loss
Gross unrealized losses - Within 1 year	174	1,406
Gross unrealized losses - After 1 to 5 years	231	2,094
Gross unrealized losses	405	3,500
Fair Value
Fair value - Within 1 year	127,317	211,545
Fair value - After 1 to 5 years	59,775	121,764
Fair Value	$ 187,092	$ 333,309
Weighted average yield
Weighted average yield - Within 1 year	1.40%	1.44%
Weighted average yield - After 1 to 5 years	1.48%	1.51%
Weighted Average Yield	1.43%	1.47%
Obligations of Puerto Rico, States and political subdivisions
Amortized cost
Amortized cost - Within 1 year	$ 6,975
Amortized cost - After 1 to 5 years		$ 6,926
Amortized Cost	6,975	6,926
Gross unrealized gains
Gross unrealized gain - Within 1 year	0
Gross unrealized gain - After 1 to 5 years		0
Gross unrealized gains	0	0
Gross unrealized loss
Gross unrealized losses - Within 1 year	44
Gross unrealized losses - After 1 to 5 years		184
Gross unrealized losses	44	184
Fair Value
Fair value - Within 1 year	6,931
Fair value - After 1 to 5 years		6,742
Fair Value	$ 6,931	$ 6,742
Weighted average yield
Weighted average yield - Within 1 year	0.00%
Weighted average yield - After 1 to 5 years		0.70%
Weighted Average Yield	0.00%	0.70%
Collateralized Mortgage Obligations - Federal agencies
Amortized cost
Amortized cost - After 1 to 5 years	$ 725	$ 749
Amortized cost - After 5 to 10 years	91,024	115,744
Amortized cost - After 10 years	541,407	638,995
Amortized Cost	633,156	755,488
Gross unrealized gains
Gross unrealized gain - After 1 to 5 years	0	0
Gross unrealized gain - After 5 to 10 years	32	1
Gross unrealized gain - After 10 years	4,410	1,584
Gross unrealized gains	4,442	1,585
Gross unrealized loss
Gross unrealized losses - After 1 to 5 years	1	7
Gross unrealized losses - After 5 to 10 years	1,210	4,715
Gross unrealized losses - After 10 years	5,751	23,680
Gross unrealized losses	6,962	28,402
Fair Value
Fair value - After 1 to 5 years	724	742
Fair value - After 5 to 10 years	89,846	111,030
Fair value - After 10 years	540,066	616,899
Fair Value	$ 630,636	$ 728,671
Weighted average yield
Weighted average yield - After 1 to 5 years	2.02%	1.92%
Weighted average yield - After 5 to 10 years	1.64%	1.71%
Weighted average yield - After 10 years	2.09%	2.10%
Weighted Average Yield	2.02%	2.04%
Mortgage Backed Securities
Amortized cost
Amortized cost - Within 1 year	$ 37	$ 431
Amortized cost - After 1 to 5 years	39,627	6,762
Amortized cost - After 5 to 10 years	315,038	365,727
Amortized cost - After 10 years	4,751,236	3,710,731
Amortized Cost	5,105,938	4,083,651
Gross unrealized gains
Gross unrealized gain - Within 1 year	0	4
Gross unrealized gain - After 1 to 5 years	861	43
Gross unrealized gain - After 5 to 10 years	2,623	1,090
Gross unrealized gain - After 10 years	64,743	10,679
Gross unrealized gains	68,227	11,816
Gross unrealized loss
Gross unrealized losses - Within 1 year	0	0
Gross unrealized losses - After 1 to 5 years	2	1
Gross unrealized losses - After 5 to 10 years	1,391	8,499
Gross unrealized losses - After 10 years	22,982	128,189
Gross unrealized losses	24,375	136,689
Fair Value
Fair value - Within 1 year	37	435
Fair value - After 1 to 5 years	40,486	6,804
Fair value - After 5 to 10 years	316,270	358,318
Fair value - After 10 years	4,792,997	3,593,221
Fair Value	$ 5,149,790	$ 3,958,778
Weighted average yield
Weighted average yield - Within 1 year	2.05%	4.30%
Weighted average yield - After 1 to 5 years	3.35%	2.74%
Weighted average yield - After 5 to 10 years	2.04%	2.19%
Weighted average yield - After 10 years	2.61%	2.45%
Weighted Average Yield	2.58%	2.43%
Other
Amortized cost
Amortized cost - After 1 to 5 years	$ 364
Amortized cost - After 5 to 10 years		$ 486
Amortized Cost	364	486
Gross unrealized gains
Gross unrealized gain - After 1 to 5 years	9
Gross unrealized gain - After 5 to 10 years		2
Gross unrealized gains	9	2
Gross unrealized loss
Gross unrealized losses - After 1 to 5 years	0
Gross unrealized losses - After 5 to 10 years		0
Gross unrealized losses	0	0
Fair Value
Fair value - After 1 to 5 years	373
Fair value - After 5 to 10 years		488
Fair Value	$ 373	$ 488
Weighted average yield
Weighted average yield - After 1 to 5 years	3.62%
Weighted average yield - After 5 to 10 years		3.62%
Weighted Average Yield	3.62%	3.62%

Debt Securities Available for_2

Debt Securities Available for Sale - Weighted average yield and contractual maturities of debt securities AFS - Parenthetical (Details) - Debt securities available-for-sale - USD ($) $ in Billions	Sep. 30, 2019	Dec. 31, 2018
Schedule of Available-for-sale Securities [Line Items]
Pledged Financial Instruments, Not Separately Reported, Securities	$ 12.9	$ 8.9
Pledged Financial Instruments, Not Separately Reported, Securities for Other Debt Facilities	$ 11.7	$ 7.9

Debt Securities Available for_3

Debt Securities Available for Sale - Realized gains and losses on debt securities available-for-sale (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Available-for-sale Securities, Gross Realized Gain (Loss), Disclosures
Gross Realized Gains	$ 0	$ 0	$ 0	$ 0
Gross Realized Losses	(20)	0	(20)	0
Net realized losses on sale of debt securities available-for-sale	$ (20)	$ 0	$ (20)	$ 0

Debt Securities Available for_4

Debt Securities Available for Sale - AFS debt securities in a continuous unrealized loss position (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Debt Securities, Available-for-sale
Less than 12 months Fair Value	$ 1,191,590	$ 3,396,378
Less than 12 months Gross Unrealized Losses	3,348	7,003
12 months or more Fair Value	3,143,625	6,998,793
12 months or more Gross Unrealized Losses	32,949	202,304
Total Fair Value	4,335,215	10,395,171
Total Gross Unrealized Losses	36,297	209,307
US Treasury Securities
Debt Securities, Available-for-sale
Less than 12 months Fair Value	900,818	3,189,007
Less than 12 months Gross Unrealized Losses	2,376	4,188
12 months or more Fair Value	639,001	2,607,276
12 months or more Gross Unrealized Losses	2,135	36,343
Total Fair Value	1,539,819	5,796,283
Total Gross Unrealized Losses	4,511	40,531
Obligations of U.S. Government sponsored entities
Debt Securities, Available-for-sale
Less than 12 months Fair Value	9,947	14,847
Less than 12 months Gross Unrealized Losses	25	46
12 months or more Fair Value	176,356	318,271
12 months or more Gross Unrealized Losses	380	3,454
Total Fair Value	186,303	333,118
Total Gross Unrealized Losses	405	3,500
Obligations of Puerto Rico, States and political subdivisions
Debt Securities, Available-for-sale
Less than 12 months Fair Value	0	0
Less than 12 months Gross Unrealized Losses	0	0
12 months or more Fair Value	6,931	6,742
12 months or more Gross Unrealized Losses	44	184
Total Fair Value	6,931	6,742
Total Gross Unrealized Losses	44	184
Collateralized Mortgage Obligations - Federal agencies
Debt Securities, Available-for-sale
Less than 12 months Fair Value	103,443	66,652
Less than 12 months Gross Unrealized Losses	467	489
12 months or more Fair Value	343,994	587,869
12 months or more Gross Unrealized Losses	6,495	27,913
Total Fair Value	447,437	654,521
Total Gross Unrealized Losses	6,962	28,402
Mortgage Backed Securities
Debt Securities, Available-for-sale
Less than 12 months Fair Value	177,382	125,872
Less than 12 months Gross Unrealized Losses	480	2,280
12 months or more Fair Value	1,977,343	3,478,635
12 months or more Gross Unrealized Losses	23,895	134,410
Total Fair Value	2,154,725	3,604,507
Total Gross Unrealized Losses	$ 24,375	$ 136,690

Debt Securities Available for_5

Debt Securities Available for Sale - Fair value of the debt securities of issuers (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Investment
Amortized Cost	$ 16,351,743	$ 13,478,562
FNMA
Investment
Amortized Cost	3,334,102	2,999,110
Fair Value	3,351,007	2,901,904
Freddie Mac
Investment
Amortized Cost	1,722,954	1,095,855
Fair Value	$ 1,739,165	$ 1,058,013

Debt Securities Available for_6

Debt Securities Available for Sale - Debt securities available- for-sale - Additional Information (Details) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Debt Securities, Available-for-sale
Proceeds from sale of debt securities available-for-sale	$ 99,000,000	$ 99,445,000	$ 0
Gross Unrealized Losses	$ 36,297,000	$ 36,297,000		$ 209,307,000

Debt Securities Held-to-matur_3

Debt Securities Held-to-maturity - Weighted average yield and contractual maturities of debt securities HTM (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Amortized cost
Amortized Cost	$ 97,707	$ 101,575
Gross unrecognized gains
Gross Unrealized Gains	8,377	3,946
Gross unrealized losses
Gross Unrealized Losses	$ 2,166	$ 2,868
Weighted Average Yield
Weighted Average Yield	3.50%	3.60%
Obligations of Puerto Rico, States and political subdivisions
Amortized cost
Amortized cost - Within 1 year	$ 3,745	$ 3,510
Amortized cost - After 1 to 5 years	17,580	16,505
Amortized cost - After 5 to 10 years	18,195	23,885
Amortized cost - After 10 years	46,078	45,559
Amortized Cost	85,598	89,459
Gross unrecognized gains
Gross unrealized gains - Within 1 year	0	0
Gross unrealized gains - After 1 to 5 years	0	0
Gross unrealized gains - After 5 to 10 years	0	0
Gross unrealized gains - After 10 years	8,375	3,943
Gross Unrealized Gains	8,375	3,943
Gross unrealized losses
Gross unrealized losses - Within 1 year	33	36
Gross unrealized losses - After 1 to 5 years	269	1,081
Gross unrealized losses - After 5 to 10 years	1,861	1,704
Gross unrealized losses - After 10 years	2	47
Gross Unrealized Losses	2,165	2,868
Fair Value
Fair Value - within 1 year	3,712	3,474
Fair Value - After 1 to 5 years	17,311	15,424
Fair Value - After 5 to 10 years	16,334	22,181
Fair Value - After 10 years	54,451	49,455
Total investment securities held-to-maturity - Fair Value	$ 91,808	$ 90,534
Weighted Average Yield
Weighted average yield - Within 1 Year	6.02%	5.99%
Weighted average yield - After 1 to 5 years	6.11%	6.07%
Weighted average yield - After 5 to 10 years	3.11%	3.61%
Weighted average yield - After 10 years	1.69%	1.79%
Weighted Average Yield	3.09%	3.23%
Collateralized Mortgage Obligations - Federal agencies
Amortized cost
Amortized cost - After 1 to 5 years	$ 48
Amortized cost - After 5 to 10 years		$ 55
Amortized Cost	48	55
Gross unrecognized gains
Gross unrealized gains - After 1 to 5 years	2
Gross unrealized gains - After 5 to 10 years		3
Gross Unrealized Gains	2	3
Gross unrealized losses
Gross unrealized losses - After 1 to 5 years	0
Gross unrealized losses - After 5 to 10 years		0
Gross Unrealized Losses	0	0
Fair Value
Fair Value - After 1 to 5 years	50
Fair Value - After 5 to 10 years		58
Total investment securities held-to-maturity - Fair Value	$ 50	$ 58
Weighted Average Yield
Weighted average yield - After 1 to 5 years	6.44%
Weighted average yield - After 5 to 10 years		5.45%
Weighted Average Yield	6.44%	5.45%
Securities in wholly owned statutory business trusts
Amortized cost
Amortized cost - After 10 years	$ 11,561	$ 11,561
Amortized Cost	11,561	11,561
Gross unrecognized gains
Gross unrealized gains - After 10 years	0	0
Gross Unrealized Gains	0	0
Gross unrealized losses
Gross unrealized losses - After 10 years	0	0
Gross Unrealized Losses	0	0
Fair Value
Fair Value - After 10 years	11,561	11,561
Total investment securities held-to-maturity - Fair Value	$ 11,561	$ 11,561
Weighted Average Yield
Weighted average yield - After 10 years	6.51%	6.51%
Weighted Average Yield	6.51%	6.51%
Other
Amortized cost
Amortized cost - After 1 to 5 years	$ 500	$ 500
Amortized Cost	500	500
Gross unrecognized gains
Gross unrealized gains - After 1 to 5 years	0	0
Gross Unrealized Gains	0	0
Gross unrealized losses
Gross unrealized losses - After 1 to 5 years	1	0
Gross Unrealized Losses	1	0
Fair Value
Fair Value - After 1 to 5 years	499	500
Total investment securities held-to-maturity - Fair Value	$ 499	$ 500
Weighted Average Yield
Weighted average yield - After 1 to 5 years	2.97%	2.97%
Weighted Average Yield	2.97%	2.97%

Debt Securities Held-to-matur_4

Debt Securities Held-to-maturity - HTM debt securities in a continuous unrealized loss position (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Debt Securities, Held-to-maturity
Less than 12 months Fair Value	$ 22,926	$ 27,471
Less than 12 months Gross Unrealized Losses	319	1,165
12 months or more Fair Value	9,713	13,307
12 months or more Gross Unrealized Losses	1,847	1,703
Total Fair Value	32,639	40,778
Total Gross Unrealized Losses	2,166	2,868
Obligations of Puerto Rico, States and political subdivisions
Debt Securities, Held-to-maturity
Less than 12 months Fair Value	22,427	27,471
Less than 12 months Gross Unrealized Losses	318	1,165
12 months or more Fair Value	9,713	13,307
12 months or more Gross Unrealized Losses	1,847	1,703
Total Fair Value	32,140	40,778
Total Gross Unrealized Losses	2,165	$ 2,868
Other
Debt Securities, Held-to-maturity
Less than 12 months Fair Value	499
Less than 12 months Gross Unrealized Losses	1
12 months or more Fair Value	0
12 months or more Gross Unrealized Losses	0
Total Fair Value	499
Total Gross Unrealized Losses	$ 1

Debt Securities Held-to-matur_5

Debt Securities Held-to-maturity - Debt securities held-to-maturity-Additional Information (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Debt Securities, Held-to-maturity
Amortized Cost	$ 97,707	$ 101,575
Obligations of Puerto Rico, States and political subdivisions
Debt Securities, Held-to-maturity
Amortized Cost	85,598	$ 89,459
Obligations of Puerto Rico, States and political subdivisions | Munis Payable From Real and Personal Property Taxes
Debt Securities, Held-to-maturity
Amortized Cost	40,000
Obligations of Puerto Rico, States and political subdivisions | Munis Not Guaranteed By Puerto Rico Central Government
Debt Securities, Held-to-maturity
Amortized Cost	$ 46,000

Loans - Non-covered loans HIP i

Loans - Non-covered loans HIP in past due status, non-performing status and accruing loans past-due 90 days or more by loan class (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	$ 27,007,975	$ 26,507,889
Commercial multi-family
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	1,749,164	1,547,168
CRE non-owner occupied
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	4,051,360	4,204,345
CRE owner occupied
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	1,936,216	2,021,192
Commercial and industrial
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	4,471,709	4,270,314
Construction
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	754,056	779,449
Mortgages
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	7,168,619	7,235,258
Leasing
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	1,022,484	934,773
Legacy
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	23,192	25,949
Consumer
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	5,831,175	5,489,441
Non Covered Loans
Financing Receivable, Recorded Investment, Past Due
Past Due	1,913,310	2,107,608
Current	25,094,665	24,400,281
Loans held-in-portfolio	27,007,975	26,507,889
Non-accrual loans	557,792	611,087
Accruing loans past-due 90 days or more	476,814	612,543
Non Covered Loans | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	486,349	491,073
Non Covered Loans | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	203,101	176,747
Non Covered Loans | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	1,223,860	1,439,788
Non Covered Loans | Commercial multi-family
Financing Receivable, Recorded Investment, Past Due
Past Due	4,252	5,314
Current	1,744,912	1,541,854
Loans held-in-portfolio	1,749,164	1,547,168
Non-accrual loans	3,881	546
Accruing loans past-due 90 days or more	0	0
Non Covered Loans | Commercial multi-family | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	331	4,604
Non Covered Loans | Commercial multi-family | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	112
Non Covered Loans | Commercial multi-family | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	3,921	598
Non Covered Loans | CRE non-owner occupied
Financing Receivable, Recorded Investment, Past Due
Past Due	76,930	139,965
Current	3,974,430	4,064,380
Loans held-in-portfolio	4,051,360	4,204,345
Non-accrual loans	43,641	39,622
Accruing loans past-due 90 days or more	0	0
Non Covered Loans | CRE non-owner occupied | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	25,497	92,782
Non Covered Loans | CRE non-owner occupied | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	3,449	1,127
Non Covered Loans | CRE non-owner occupied | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	47,984	46,056
Non Covered Loans | CRE owner occupied
Financing Receivable, Recorded Investment, Past Due
Past Due	107,859	123,989
Current	1,828,357	1,897,203
Loans held-in-portfolio	1,936,216	2,021,192
Non-accrual loans	75,772	88,450
Accruing loans past-due 90 days or more	0	0
Non Covered Loans | CRE owner occupied | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	14,168	11,806
Non Covered Loans | CRE owner occupied | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	2,925	12,567
Non Covered Loans | CRE owner occupied | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	90,766	99,616
Non Covered Loans | Commercial and industrial
Financing Receivable, Recorded Investment, Past Due
Past Due	135,330	137,174
Current	4,336,379	4,133,140
Loans held-in-portfolio	4,471,709	4,270,314
Non-accrual loans	46,403	55,408
Accruing loans past-due 90 days or more	311	243
Non Covered Loans | Commercial and industrial | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	33,884	6,491
Non Covered Loans | Commercial and industrial | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	6,779	1,636
Non Covered Loans | Commercial and industrial | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	94,667	129,047
Non Covered Loans | Construction
Financing Receivable, Recorded Investment, Past Due
Past Due	10,597	13,848
Current	743,459	765,601
Loans held-in-portfolio	754,056	779,449
Non-accrual loans	10,334	13,848
Accruing loans past-due 90 days or more	0	0
Non Covered Loans | Construction | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	0
Non Covered Loans | Construction | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	263	0
Non Covered Loans | Construction | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	10,334	13,848
Non Covered Loans | Mortgages
Financing Receivable, Recorded Investment, Past Due
Past Due	1,321,990	1,474,923
Current	5,846,629	5,760,335
Loans held-in-portfolio	7,168,619	7,235,258
Non-accrual loans	305,542	334,598
Accruing loans past-due 90 days or more	459,704	595,525
Non Covered Loans | Mortgages | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	288,737	288,982
Non Covered Loans | Mortgages | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	146,776	131,301
Non Covered Loans | Mortgages | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	886,477	1,054,640
Non Covered Loans | Leasing
Financing Receivable, Recorded Investment, Past Due
Past Due	16,384	12,803
Current	1,006,100	921,970
Loans held-in-portfolio	1,022,484	934,773
Non-accrual loans	2,733	3,313
Accruing loans past-due 90 days or more	0	0
Non Covered Loans | Leasing | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	10,906	7,663
Non Covered Loans | Leasing | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	2,745	1,827
Non Covered Loans | Leasing | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	2,733	3,313
Non Covered Loans | Legacy
Financing Receivable, Recorded Investment, Past Due
Past Due	2,461	3,267
Current	20,731	22,682
Loans held-in-portfolio	23,192	25,949
Non-accrual loans	2,318	2,627
Accruing loans past-due 90 days or more	0	0
Non Covered Loans | Legacy | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	54	195
Non Covered Loans | Legacy | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	89	445
Non Covered Loans | Legacy | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	2,318	2,627
Non Covered Loans | Consumer | Credit cards
Financing Receivable, Recorded Investment, Past Due
Past Due	33,638	32,932
Current	1,002,657	1,014,379
Loans held-in-portfolio	1,036,295	1,047,311
Non-accrual loans	0	0
Accruing loans past-due 90 days or more	16,459	16,035
Non Covered Loans | Consumer | Credit cards | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	10,099	9,506
Non Covered Loans | Consumer | Credit cards | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	7,080	7,391
Non Covered Loans | Consumer | Credit cards | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	16,459	16,035
Non Covered Loans | Consumer | Home equity lines of credit
Financing Receivable, Recorded Investment, Past Due
Past Due	12,598	15,191
Current	117,787	133,212
Loans held-in-portfolio	130,385	148,403
Non-accrual loans	11,004	13,590
Accruing loans past-due 90 days or more	0	154
Non Covered Loans | Consumer | Home equity lines of credit | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	700	886
Non Covered Loans | Consumer | Home equity lines of credit | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	894	561
Non Covered Loans | Consumer | Home equity lines of credit | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	11,004	13,744
Non Covered Loans | Consumer | Personal Loan
Financing Receivable, Recorded Investment, Past Due
Past Due	48,175	46,143
Current	1,625,533	1,493,831
Loans held-in-portfolio	1,673,708	1,539,974
Non-accrual loans	20,380	20,497
Accruing loans past-due 90 days or more	15	35
Non Covered Loans | Consumer | Personal Loan | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	15,576	15,388
Non Covered Loans | Consumer | Personal Loan | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	11,511	9,630
Non Covered Loans | Consumer | Personal Loan | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	21,088	21,125
Non Covered Loans | Consumer | Auto Loan
Financing Receivable, Recorded Investment, Past Due
Past Due	128,644	86,243
Current	2,719,114	2,522,542
Loans held-in-portfolio	2,847,758	2,608,785
Non-accrual loans	22,954	24,050
Accruing loans past-due 90 days or more	0	127
Non Covered Loans | Consumer | Auto Loan | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	85,717	52,204
Non Covered Loans | Consumer | Auto Loan | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	19,973	9,862
Non Covered Loans | Consumer | Auto Loan | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	22,954	24,177
Non Covered Loans | Consumer | Other
Financing Receivable, Recorded Investment, Past Due
Past Due	14,452	15,816
Current	128,577	129,152
Loans held-in-portfolio	143,029	144,968
Non-accrual loans	12,830	14,538
Accruing loans past-due 90 days or more	325	424
Non Covered Loans | Consumer | Other | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	680	566
Non Covered Loans | Consumer | Other | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	617	288
Non Covered Loans | Consumer | Other | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	13,155	14,962
PUERTO RICO
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	19,932,582	19,883,472
PUERTO RICO | Commercial multi-family
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	148,550	145,628
PUERTO RICO | CRE non-owner occupied
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	2,097,149	2,322,601
PUERTO RICO | CRE owner occupied
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	1,617,097	1,722,253
PUERTO RICO | Commercial and industrial
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	3,305,857	3,182,161
PUERTO RICO | Construction
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	124,072	85,955
PUERTO RICO | Mortgages
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	6,235,576	6,433,323
PUERTO RICO | Leasing
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	1,022,484	934,773
PUERTO RICO | Consumer
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	5,381,797	5,056,778
PUERTO RICO | Non Covered Loans
Financing Receivable, Recorded Investment, Past Due
Past Due	1,810,458	1,954,017
Current	18,122,124	17,929,455
Loans held-in-portfolio	19,932,582	19,883,472
Non-accrual loans	520,773	568,098
Accruing loans past-due 90 days or more	476,814	612,543
PUERTO RICO | Non Covered Loans | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	475,246	462,707
PUERTO RICO | Non Covered Loans | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	196,251	167,907
PUERTO RICO | Non Covered Loans | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	1,138,961	1,323,403
PUERTO RICO | Non Covered Loans | Commercial multi-family
Financing Receivable, Recorded Investment, Past Due
Past Due	2,155	2,151
Current	146,395	143,477
Loans held-in-portfolio	148,550	145,628
Non-accrual loans	1,784	546
Accruing loans past-due 90 days or more	0	0
PUERTO RICO | Non Covered Loans | Commercial multi-family | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	331	1,441
PUERTO RICO | Non Covered Loans | Commercial multi-family | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	112
PUERTO RICO | Non Covered Loans | Commercial multi-family | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	1,824	598
PUERTO RICO | Non Covered Loans | CRE non-owner occupied
Financing Receivable, Recorded Investment, Past Due
Past Due	76,638	138,605
Current	2,020,511	2,183,996
Loans held-in-portfolio	2,097,149	2,322,601
Non-accrual loans	43,349	39,257
Accruing loans past-due 90 days or more	0	0
PUERTO RICO | Non Covered Loans | CRE non-owner occupied | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	25,497	92,075
PUERTO RICO | Non Covered Loans | CRE non-owner occupied | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	3,449	839
PUERTO RICO | Non Covered Loans | CRE non-owner occupied | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	47,692	45,691
PUERTO RICO | Non Covered Loans | CRE owner occupied
Financing Receivable, Recorded Investment, Past Due
Past Due	102,473	116,755
Current	1,514,624	1,605,498
Loans held-in-portfolio	1,617,097	1,722,253
Non-accrual loans	75,513	88,069
Accruing loans past-due 90 days or more	0	0
PUERTO RICO | Non Covered Loans | CRE owner occupied | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	9,284	6,681
PUERTO RICO | Non Covered Loans | CRE owner occupied | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	2,682	10,839
PUERTO RICO | Non Covered Loans | CRE owner occupied | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	90,507	99,235
PUERTO RICO | Non Covered Loans | Commercial and industrial
Financing Receivable, Recorded Investment, Past Due
Past Due	84,242	60,099
Current	3,221,615	3,122,062
Loans held-in-portfolio	3,305,857	3,182,161
Non-accrual loans	45,720	55,078
Accruing loans past-due 90 days or more	311	243
PUERTO RICO | Non Covered Loans | Commercial and industrial | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	31,435	4,137
PUERTO RICO | Non Covered Loans | Commercial and industrial | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	6,703	641
PUERTO RICO | Non Covered Loans | Commercial and industrial | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	46,104	55,321
PUERTO RICO | Non Covered Loans | Construction
Financing Receivable, Recorded Investment, Past Due
Past Due	537	1,788
Current	123,535	84,167
Loans held-in-portfolio	124,072	85,955
Non-accrual loans	274	1,788
Accruing loans past-due 90 days or more	0	0
PUERTO RICO | Non Covered Loans | Construction | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	0
PUERTO RICO | Non Covered Loans | Construction | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	263	0
PUERTO RICO | Non Covered Loans | Construction | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	274	1,788
PUERTO RICO | Non Covered Loans | Mortgages
Financing Receivable, Recorded Investment, Past Due
Past Due	1,307,265	1,447,078
Current	4,928,311	4,986,245
Loans held-in-portfolio	6,235,576	6,433,323
Non-accrual loans	296,025	323,565
Accruing loans past-due 90 days or more	459,704	595,525
PUERTO RICO | Non Covered Loans | Mortgages | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	287,578	275,367
PUERTO RICO | Non Covered Loans | Mortgages | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	142,727	128,104
PUERTO RICO | Non Covered Loans | Mortgages | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	876,960	1,043,607
PUERTO RICO | Non Covered Loans | Leasing
Financing Receivable, Recorded Investment, Past Due
Past Due	16,384	12,803
Current	1,006,100	921,970
Loans held-in-portfolio	1,022,484	934,773
Non-accrual loans	2,733	3,313
Accruing loans past-due 90 days or more	0	0
PUERTO RICO | Non Covered Loans | Leasing | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	10,906	7,663
PUERTO RICO | Non Covered Loans | Leasing | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	2,745	1,827
PUERTO RICO | Non Covered Loans | Leasing | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	2,733	3,313
PUERTO RICO | Non Covered Loans | Consumer | Credit cards
Financing Receivable, Recorded Investment, Past Due
Past Due	33,638	32,930
Current	1,002,579	1,014,343
Loans held-in-portfolio	1,036,217	1,047,273
Non-accrual loans	0	0
Accruing loans past-due 90 days or more	16,459	16,035
PUERTO RICO | Non Covered Loans | Consumer | Credit cards | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	10,099	9,504
PUERTO RICO | Non Covered Loans | Consumer | Credit cards | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	7,080	7,391
PUERTO RICO | Non Covered Loans | Consumer | Credit cards | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	16,459	16,035
PUERTO RICO | Non Covered Loans | Consumer | Home equity lines of credit
Financing Receivable, Recorded Investment, Past Due
Past Due	902	262
Current	4,981	5,089
Loans held-in-portfolio	5,883	5,351
Non-accrual loans	887	11
Accruing loans past-due 90 days or more	0	154
PUERTO RICO | Non Covered Loans | Consumer | Home equity lines of credit | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	15	0
PUERTO RICO | Non Covered Loans | Consumer | Home equity lines of credit | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	97
PUERTO RICO | Non Covered Loans | Consumer | Home equity lines of credit | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	887	165
PUERTO RICO | Non Covered Loans | Consumer | Personal Loan
Financing Receivable, Recorded Investment, Past Due
Past Due	43,154	39,491
Current	1,306,449	1,211,134
Loans held-in-portfolio	1,349,603	1,250,625
Non-accrual loans	18,710	17,887
Accruing loans past-due 90 days or more	15	35
PUERTO RICO | Non Covered Loans | Consumer | Personal Loan | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	13,724	13,069
PUERTO RICO | Non Covered Loans | Consumer | Personal Loan | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	10,012	7,907
PUERTO RICO | Non Covered Loans | Consumer | Personal Loan | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	19,418	18,515
PUERTO RICO | Non Covered Loans | Consumer | Auto Loan
Financing Receivable, Recorded Investment, Past Due
Past Due	128,644	86,243
Current	2,719,114	2,522,542
Loans held-in-portfolio	2,847,758	2,608,785
Non-accrual loans	22,954	24,050
Accruing loans past-due 90 days or more	0	127
PUERTO RICO | Non Covered Loans | Consumer | Auto Loan | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	85,717	52,204
PUERTO RICO | Non Covered Loans | Consumer | Auto Loan | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	19,973	9,862
PUERTO RICO | Non Covered Loans | Consumer | Auto Loan | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	22,954	24,177
PUERTO RICO | Non Covered Loans | Consumer | Other
Financing Receivable, Recorded Investment, Past Due
Past Due	14,426	15,812
Current	127,910	128,932
Loans held-in-portfolio	142,336	144,744
Non-accrual loans	12,824	14,534
Accruing loans past-due 90 days or more	325	424
PUERTO RICO | Non Covered Loans | Consumer | Other | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	660	566
PUERTO RICO | Non Covered Loans | Consumer | Other | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	617	288
PUERTO RICO | Non Covered Loans | Consumer | Other | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	13,149	14,958
Popular U.S.
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	7,075,393	6,624,417
Popular U.S. | Commercial multi-family
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	1,600,614	1,401,540
Popular U.S. | CRE non-owner occupied
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	1,954,211	1,881,744
Popular U.S. | CRE owner occupied
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	319,119	298,939
Popular U.S. | Commercial and industrial
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	1,165,852	1,088,153
Popular U.S. | Construction
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	629,984	693,494
Popular U.S. | Mortgages
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	933,043	801,935
Popular U.S. | Legacy
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	23,192	25,949
Popular U.S. | Consumer
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio	449,378	432,663
Popular U.S. | Non Covered Loans
Financing Receivable, Recorded Investment, Past Due
Past Due	102,852	153,591
Current	6,972,541	6,470,826
Loans held-in-portfolio	7,075,393	6,624,417
Non-accrual loans	37,019	42,989
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Non Covered Loans | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	11,103	28,366
Popular U.S. | Non Covered Loans | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	6,850	8,840
Popular U.S. | Non Covered Loans | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	84,899	116,385
Popular U.S. | Non Covered Loans | Commercial multi-family
Financing Receivable, Recorded Investment, Past Due
Past Due	2,097	3,163
Current	1,598,517	1,398,377
Loans held-in-portfolio	1,600,614	1,401,540
Non-accrual loans	2,097	0
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Non Covered Loans | Commercial multi-family | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	3,163
Popular U.S. | Non Covered Loans | Commercial multi-family | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	0
Popular U.S. | Non Covered Loans | Commercial multi-family | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	2,097	0
Popular U.S. | Non Covered Loans | CRE non-owner occupied
Financing Receivable, Recorded Investment, Past Due
Past Due	292	1,360
Current	1,953,919	1,880,384
Loans held-in-portfolio	1,954,211	1,881,744
Non-accrual loans	292	365
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Non Covered Loans | CRE non-owner occupied | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	707
Popular U.S. | Non Covered Loans | CRE non-owner occupied | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	288
Popular U.S. | Non Covered Loans | CRE non-owner occupied | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	292	365
Popular U.S. | Non Covered Loans | CRE owner occupied
Financing Receivable, Recorded Investment, Past Due
Past Due	5,386	7,234
Current	313,733	291,705
Loans held-in-portfolio	319,119	298,939
Non-accrual loans	259	381
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Non Covered Loans | CRE owner occupied | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	4,884	5,125
Popular U.S. | Non Covered Loans | CRE owner occupied | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	243	1,728
Popular U.S. | Non Covered Loans | CRE owner occupied | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	259	381
Popular U.S. | Non Covered Loans | Commercial and industrial
Financing Receivable, Recorded Investment, Past Due
Past Due	51,088	77,075
Current	1,114,764	1,011,078
Loans held-in-portfolio	1,165,852	1,088,153
Non-accrual loans	683	330
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Non Covered Loans | Commercial and industrial | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	2,449	2,354
Popular U.S. | Non Covered Loans | Commercial and industrial | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	76	995
Popular U.S. | Non Covered Loans | Commercial and industrial | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	48,563	73,726
Popular U.S. | Non Covered Loans | Construction
Financing Receivable, Recorded Investment, Past Due
Past Due	10,060	12,060
Current	619,924	681,434
Loans held-in-portfolio	629,984	693,494
Non-accrual loans	10,060	12,060
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Non Covered Loans | Construction | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	0
Popular U.S. | Non Covered Loans | Construction | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	0
Popular U.S. | Non Covered Loans | Construction | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	10,060	12,060
Popular U.S. | Non Covered Loans | Mortgages
Financing Receivable, Recorded Investment, Past Due
Past Due	14,725	27,845
Current	918,318	774,090
Loans held-in-portfolio	933,043	801,935
Non-accrual loans	9,517	11,033
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Non Covered Loans | Mortgages | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	1,159	13,615
Popular U.S. | Non Covered Loans | Mortgages | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	4,049	3,197
Popular U.S. | Non Covered Loans | Mortgages | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	9,517	11,033
Popular U.S. | Non Covered Loans | Legacy
Financing Receivable, Recorded Investment, Past Due
Past Due	2,461	3,267
Current	20,731	22,682
Loans held-in-portfolio	23,192	25,949
Non-accrual loans	2,318	2,627
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Non Covered Loans | Legacy | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	54	195
Popular U.S. | Non Covered Loans | Legacy | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	89	445
Popular U.S. | Non Covered Loans | Legacy | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	2,318	2,627
Popular U.S. | Non Covered Loans | Consumer | Credit cards
Financing Receivable, Recorded Investment, Past Due
Past Due	0	2
Current	78	36
Loans held-in-portfolio	78	38
Non-accrual loans	0	0
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Non Covered Loans | Consumer | Credit cards | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	2
Popular U.S. | Non Covered Loans | Consumer | Credit cards | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	0
Popular U.S. | Non Covered Loans | Consumer | Credit cards | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	0	0
Popular U.S. | Non Covered Loans | Consumer | Home equity lines of credit
Financing Receivable, Recorded Investment, Past Due
Past Due	11,696	14,929
Current	112,806	128,123
Loans held-in-portfolio	124,502	143,052
Non-accrual loans	10,117	13,579
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Non Covered Loans | Consumer | Home equity lines of credit | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	685	886
Popular U.S. | Non Covered Loans | Consumer | Home equity lines of credit | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	894	464
Popular U.S. | Non Covered Loans | Consumer | Home equity lines of credit | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	10,117	13,579
Popular U.S. | Non Covered Loans | Consumer | Personal Loan
Financing Receivable, Recorded Investment, Past Due
Past Due	5,021	6,652
Current	319,084	282,697
Loans held-in-portfolio	324,105	289,349
Non-accrual loans	1,670	2,610
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Non Covered Loans | Consumer | Personal Loan | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	1,852	2,319
Popular U.S. | Non Covered Loans | Consumer | Personal Loan | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	1,499	1,723
Popular U.S. | Non Covered Loans | Consumer | Personal Loan | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	1,670	2,610
Popular U.S. | Non Covered Loans | Consumer | Other
Financing Receivable, Recorded Investment, Past Due
Past Due	26	4
Current	667	220
Loans held-in-portfolio	693	224
Non-accrual loans	6	4
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Non Covered Loans | Consumer | Other | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	20	0
Popular U.S. | Non Covered Loans | Consumer | Other | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	0
Popular U.S. | Non Covered Loans | Consumer | Other | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	$ 6	$ 4

Loans - Non-covered loans HIP_2

Loans - Non-covered loans HIP in past due status, non-performing status and accruing loans past-due 90 days or more by loan class (Parenthetical) (Detail) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable
Unearned Income	$ 173,266	$ 155,824
Loans held-for-sale, at lower of cost or fair value	56,370	51,422
Loans held-in-portfolio, net of unearned income	27,007,975	26,507,889
Non Covered Loans [Member]
Accounts, Notes, Loans and Financing Receivable
Pledged Financial Instruments, Not Separately Reported, Loans Receivable Pledged as Collateral	6,700,000	6,900,000
Loans-held-in portfolio served as collateral to secure credit facilities authorized with the FHLB	4,600,000	4,800,000
Loans held-in-portfolio, net of unearned income	27,007,975	26,507,889
FRB Discount Window | Non Covered Loans [Member]
Accounts, Notes, Loans and Financing Receivable
Loans served as collateral to secure debt obligations	2,100,000	2,100,000
PUERTO RICO
Accounts, Notes, Loans and Financing Receivable
Loans held-in-portfolio, net of unearned income	19,932,582	19,883,472
PUERTO RICO | Non Covered Loans [Member]
Accounts, Notes, Loans and Financing Receivable
Loans held-in-portfolio, net of unearned income	19,932,582	19,883,472
Popular U.S.
Accounts, Notes, Loans and Financing Receivable
Loans held-in-portfolio, net of unearned income	7,075,393	6,624,417
Popular U.S. | Non Covered Loans [Member]
Accounts, Notes, Loans and Financing Receivable
Loans held-in-portfolio, net of unearned income	7,075,393	6,624,417
ASC Subtopic 310-30 | Non Covered Loans [Member]
Accounts, Notes, Loans and Financing Receivable
Loans held-in-portfolio, net of unearned income	189,000	216,000
ASC Subtopic 310-30 | PUERTO RICO | Non Covered Loans [Member]
Accounts, Notes, Loans and Financing Receivable
Loans held-in-portfolio, net of unearned income	141,000	143,000
ASC Subtopic 310-30 | Popular U.S. | Non Covered Loans [Member]
Accounts, Notes, Loans and Financing Receivable
Loans held-in-portfolio, net of unearned income	$ 48,000	$ 73,000

Loans - Carrying amount of acqu

Loans - Carrying amount of acquired loans accounted for pursuant to ASC310-30 by portfolio (Details) - ASC Subtopic 310-30 - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable
Carrying amount	$ 1,702,374	$ 1,789,237	$ 1,883,556	$ 1,990,622	$ 2,033,457	$ 2,108,993
Less: Allowance for loan losses	(94,610)		(122,135)	(168,559)
Carrying amount, net of allowance	1,607,764		1,761,421	$ 1,822,063
Commercial real estate
Accounts, Notes, Loans and Financing Receivable
Carrying amount	683,046		801,774
Commercial and industrial
Accounts, Notes, Loans and Financing Receivable
Carrying amount	134,962		84,465
Mortgages
Accounts, Notes, Loans and Financing Receivable
Carrying amount	871,803		982,821
Consumer
Accounts, Notes, Loans and Financing Receivable
Carrying amount	$ 12,563		$ 14,496

Loans - Changes in the carrying

Loans - Changes in the carrying amount and the accretable yield for the acquired loans (Details) - ASC Subtopic 310-30 - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Accretable yield
Beginning Balance	$ 1,042,407	$ 1,178,042	$ 1,092,504	$ 1,214,488
Additions	7,711	315	19,577	3,752
Accretion	(35,502)	(38,886)	(111,083)	(121,752)
Change In Expected Cash Flows	5,043	(16,739)	18,661	26,244
Ending Balance	1,019,659	1,122,732	1,019,659	1,122,732
Carrying amount of loans
Beginning Balance	1,789,237	2,033,457	1,883,556	2,108,993
Additions	11,891	3,062	27,639	8,334
Accretion	35,502	38,886	111,083	121,752
Collections / loan sales / charge-offs	(134,256)	(84,783)	(319,904)	(248,457)
Ending Balance	1,702,374	1,990,622	1,702,374	1,990,622
Less: Allowance for loan losses	(94,610)	(168,559)	(94,610)	(168,559)	$ (122,135)
Carrying amount, net of allowance	$ 1,607,764	$ 1,822,063	$ 1,607,764	$ 1,822,063	$ 1,761,421

Loans - Changes in the carryi_2

Loans - Changes in the carrying amount and the accretable yield for the acquired loans - Parenthetical (Details) - ASC Subtopic 310-30 - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable
Carrying amount	$ 1,702,374	$ 1,789,237	$ 1,883,556	$ 1,990,622	$ 2,033,457	$ 2,108,993
Accretable yield	1,019,659	$ 1,042,407	$ 1,092,504	1,122,732	$ 1,178,042	$ 1,214,488
Non-credit Impaired Loans
Accounts, Notes, Loans and Financing Receivable
Carrying amount	1,200,000			1,500,000
Accretable yield	$ 700,000			$ 800,000

Loans - Additional Information

Loans - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018	Aug. 01, 2018
Accounts, Notes, Loans and Financing Receivable
Commercial Construction Loans Sold	$ 47,000		$ 81,000
Transfers Of Financial Assets Accounted For As Sale Initial Fair Value Of Assets Obtained As Proceeds	122,874	$ 138,659	337,140	$ 399,278
Mortgage loans related to buy-back option program	27,181,241		27,181,241		$ 26,663,713
Non-covered Loans held-in-portfolio	27,007,975		27,007,975		26,507,889
Reliable Financial Services
Accounts, Notes, Loans and Financing Receivable
Loans acquired						$ 1,802,463
Buy back option program
Accounts, Notes, Loans and Financing Receivable
Accruing loans past-due 90 days or more	99,000		99,000		134,000
Mortgage loans related to buy-back option program	99,000		99,000		134,000
Residential Mortgage
Accounts, Notes, Loans and Financing Receivable
Residential Mortgage Loans Sold	18,000	19,000	46,000	45,000
GNMA
Accounts, Notes, Loans and Financing Receivable
Transfers Of Financial Assets Accounted For As Sale Initial Fair Value Of Assets Obtained As Proceeds	88,000	110,000	247,000	320,000
FNMA
Accounts, Notes, Loans and Financing Receivable
Transfers Of Financial Assets Accounted For As Sale Initial Fair Value Of Assets Obtained As Proceeds	33,000	26,000	84,000	72,000
Consumer
Accounts, Notes, Loans and Financing Receivable
Purchase of Loans	64,000	48,000	222,000	152,000
Non-covered Loans held-in-portfolio	5,831,175		5,831,175		5,489,441
Mortgages
Accounts, Notes, Loans and Financing Receivable
Purchase of Loans	81,000	$ 147,000	266,000	$ 480,000
Non-covered Loans held-in-portfolio	7,168,619		7,168,619		7,235,258
Mortgages | US Government Agency Insured Loans
Accounts, Notes, Loans and Financing Receivable
Non-covered Loans held-in-portfolio	1,400,000		1,400,000		1,400,000
Mortgages | US Government Agency Insured Loans | Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable
Past Due	461,000		461,000		598,000
Commercial Loans
Accounts, Notes, Loans and Financing Receivable
Purchase of Loans			43,000
Commercial Loans | Reliable Financial Services
Accounts, Notes, Loans and Financing Receivable
Loans acquired						341,000
Reverse Mortgages
Accounts, Notes, Loans and Financing Receivable
Current	65,000		65,000		69,000
Residential mortgage loans insured By FHA
Accounts, Notes, Loans and Financing Receivable
Accruing loans past-due 90 days or more	241,000		241,000		283,000
Auto Loan
Accounts, Notes, Loans and Financing Receivable
Non-covered Loans held-in-portfolio	2,847,758		2,847,758		2,608,785
Auto Loan | Reliable Financial Services
Accounts, Notes, Loans and Financing Receivable
Loans acquired						$ 1,600,000
ASC Subtopic 310-30
Accounts, Notes, Loans and Financing Receivable
Outstanding principal balance of SOP loans	$ 1,900,000		$ 1,900,000		$ 2,200,000

Allowance for loan losses - All

Allowance for loan losses - Allowance Movement (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	$ 543,666	$ 643,018	$ 569,348	$ 623,426
Provision (reversal) for loan losses	36,539	54,387	118,555	185,504
Charge-offs	(92,518)	(83,055)	(240,347)	(224,512)
Recoveries	24,678	19,368	64,809	49,300
Balance at end of period	512,365	633,718	512,365	633,718
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	95,846	130,537	95,846	130,537
General ALLL	416,519	503,181	416,519	503,181
Ending balance: loans individually evaluated for impairment	1,058,613	1,008,288	1,058,613	1,008,288
Ending balance: loans collectively evaluated for impairment	25,949,362	25,503,880	25,949,362	25,503,880
Non-covered Loans held-in-portfolio	27,007,975		27,007,975		$ 26,507,889
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income	27,007,975	26,512,168	27,007,975	26,512,168
PUERTO RICO
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Non-covered Loans held-in-portfolio	19,932,582		19,932,582		19,883,472
PUERTO RICO | Non-covered loans
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	476,191	567,145	507,158	518,104
Provision (reversal) for loan losses	34,479	51,877	94,908	153,000
Charge-offs	(79,770)	(75,150)	(206,064)	(183,888)
Recoveries	19,870	16,304	54,768	39,350
Allowance Transferred From Covered Loans				33,610
Balance at end of period	450,770	560,176	450,770	560,176
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	91,750	121,294	91,750	121,294
General ALLL	359,020	438,882	359,020	438,882
Ending balance: loans individually evaluated for impairment	1,027,254	974,209	1,027,254	974,209
Ending balance: loans collectively evaluated for impairment	18,905,328	18,849,144	18,905,328	18,849,144
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income	19,932,582	19,823,353	19,932,582	19,823,353
PUERTO RICO | Covered loans
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period				33,244
Provision (reversal) for loan losses				1,730
Charge-offs				(1,448)
Recoveries				84
Allowance Transferred To Non Covered Loans				(33,610)
Balance at end of period		0		0
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL		0		0
General ALLL		0		0
Ending balance: loans individually evaluated for impairment		0		0
Ending balance: loans collectively evaluated for impairment		0		0
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income		0		0
UNITED STATES
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Non-covered Loans held-in-portfolio	7,075,393		7,075,393		6,624,417
UNITED STATES | Non-covered loans
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	67,475	75,873	62,190	72,078
Provision (reversal) for loan losses	2,060	2,510	23,647	30,774
Charge-offs	(12,748)	(7,905)	(34,283)	(39,176)
Recoveries	4,808	3,064	10,041	9,866
Balance at end of period	61,595	73,542	61,595	73,542
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	4,096	9,243	4,096	9,243
General ALLL	57,499	64,299	57,499	64,299
Ending balance: loans individually evaluated for impairment	31,359	34,079	31,359	34,079
Ending balance: loans collectively evaluated for impairment	7,044,034	6,654,736	7,044,034	6,654,736
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income	7,075,393	6,688,815	7,075,393	6,688,815
Commercial
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	225,529	241,846	239,115	215,665
Provision (reversal) for loan losses	(20,543)	6,804	(8,726)	61,850
Charge-offs	(21,331)	(10,127)	(56,012)	(48,061)
Recoveries	7,066	6,017	16,344	15,086
Balance at end of period	190,721	244,540	190,721	244,540
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	30,130	52,250	30,130	52,250
General ALLL	160,591	192,290	160,591	192,290
Ending balance: loans individually evaluated for impairment	409,221	356,007	409,221	356,007
Ending balance: loans collectively evaluated for impairment	11,799,228	11,637,700	11,799,228	11,637,700
Non-covered Loans held-in-portfolio	12,208,449		12,208,449		12,043,019
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income	12,208,449	11,993,707	12,208,449	11,993,707
Commercial | PUERTO RICO
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Non-covered Loans held-in-portfolio	7,168,653		7,168,653		7,372,643
Commercial | PUERTO RICO | Non-covered loans
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	190,227	190,926	207,214	171,531
Provision (reversal) for loan losses	(18,036)	21,548	(18,245)	52,846
Charge-offs	(15,419)	(7,335)	(40,275)	(25,626)
Recoveries	4,787	4,966	12,865	11,354
Allowance Transferred From Covered Loans				0
Balance at end of period	161,559	210,105	161,559	210,105
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	30,130	52,250	30,130	52,250
General ALLL	131,429	157,855	131,429	157,855
Ending balance: loans individually evaluated for impairment	407,124	356,007	407,124	356,007
Ending balance: loans collectively evaluated for impairment	6,761,529	7,051,469	6,761,529	7,051,469
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income	7,168,653	7,407,476	7,168,653	7,407,476
Commercial | PUERTO RICO | Covered loans
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period				0
Provision (reversal) for loan losses				0
Charge-offs				0
Recoveries				0
Allowance Transferred To Non Covered Loans				0
Balance at end of period		0		0
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL		0		0
General ALLL		0		0
Ending balance: loans individually evaluated for impairment		0		0
Ending balance: loans collectively evaluated for impairment		0		0
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income		0		0
Commercial | UNITED STATES
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Non-covered Loans held-in-portfolio	5,039,796		5,039,796		4,670,376
Commercial | UNITED STATES | Non-covered loans
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	35,302	50,920	31,901	44,134
Provision (reversal) for loan losses	(2,507)	(14,744)	9,519	9,004
Charge-offs	(5,912)	(2,792)	(15,737)	(22,435)
Recoveries	2,279	1,051	3,479	3,732
Balance at end of period	29,162	34,435	29,162	34,435
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	0	0	0	0
General ALLL	29,162	34,435	29,162	34,435
Ending balance: loans individually evaluated for impairment	2,097	0	2,097	0
Ending balance: loans collectively evaluated for impairment	5,037,699	4,586,231	5,037,699	4,586,231
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income	5,039,796	4,586,231	5,039,796	4,586,231
Construction
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	9,883	7,702	7,424	8,362
Provision (reversal) for loan losses	(2,090)	7,293	290	6,124
Charge-offs	(2,242)	(21)	(2,294)	9
Recoveries	3,013	146	3,144	625
Balance at end of period	8,564	15,120	8,564	15,120
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	57	5,530	57	5,530
General ALLL	8,507	9,590	8,507	9,590
Ending balance: loans individually evaluated for impairment	10,334	19,695	10,334	19,695
Ending balance: loans collectively evaluated for impairment	743,722	923,670	743,722	923,670
Non-covered Loans held-in-portfolio	754,056		754,056		779,449
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income	754,056	943,365	754,056	943,365
Construction | PUERTO RICO
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Non-covered Loans held-in-portfolio	124,072		124,072		85,955
Construction | PUERTO RICO | Non-covered loans
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	2,996	765	886	1,286
Provision (reversal) for loan losses	(4,916)	(12)	(2,877)	(1,042)
Charge-offs	(27)	(21)	(79)	9
Recoveries	3,013	146	3,136	625
Allowance Transferred From Covered Loans				0
Balance at end of period	1,066	878	1,066	878
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	57	0	57	0
General ALLL	1,009	878	1,009	878
Ending balance: loans individually evaluated for impairment	274	1,829	274	1,829
Ending balance: loans collectively evaluated for impairment	123,798	75,964	123,798	75,964
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income	124,072	77,793	124,072	77,793
Construction | PUERTO RICO | Covered loans
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period				0
Provision (reversal) for loan losses				0
Charge-offs				0
Recoveries				0
Allowance Transferred To Non Covered Loans				0
Balance at end of period		0		0
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL		0		0
General ALLL		0		0
Ending balance: loans individually evaluated for impairment		0		0
Ending balance: loans collectively evaluated for impairment		0		0
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income		0		0
Construction | UNITED STATES
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Non-covered Loans held-in-portfolio	629,984		629,984		693,494
Construction | UNITED STATES | Non-covered loans
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	6,887	6,937	6,538	7,076
Provision (reversal) for loan losses	2,826	7,305	3,167	7,166
Charge-offs	(2,215)	0	(2,215)	0
Recoveries	0	0	8	0
Balance at end of period	7,498	14,242	7,498	14,242
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	0	5,530	0	5,530
General ALLL	7,498	8,712	7,498	8,712
Ending balance: loans individually evaluated for impairment	10,060	17,866	10,060	17,866
Ending balance: loans collectively evaluated for impairment	619,924	847,706	619,924	847,706
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income	629,984	865,572	629,984	865,572
Mortgages
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	132,516	186,466	147,412	196,143
Provision (reversal) for loan losses	6,782	10,080	12,241	26,300
Charge-offs	(13,886)	(23,543)	(37,650)	(51,770)
Recoveries	1,215	1,584	4,624	3,914
Balance at end of period	126,627	174,587	126,627	174,587
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	42,868	46,205	42,868	46,205
General ALLL	83,759	128,382	83,759	128,382
Ending balance: loans individually evaluated for impairment	533,317	517,083	533,317	517,083
Ending balance: loans collectively evaluated for impairment	6,635,302	6,787,087	6,635,302	6,787,087
Non-covered Loans held-in-portfolio	7,168,619		7,168,619		7,235,258
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income	7,168,619	7,304,170	7,168,619	7,304,170
Mortgages | PUERTO RICO
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Non-covered Loans held-in-portfolio	6,235,576		6,235,576		6,433,323
Mortgages | PUERTO RICO | Non-covered loans
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	127,930	182,103	142,978	159,081
Provision (reversal) for loan losses	6,494	10,145	11,342	24,564
Charge-offs	(13,886)	(23,526)	(37,056)	(50,164)
Recoveries	1,197	1,564	4,471	3,383
Allowance Transferred From Covered Loans				33,422
Balance at end of period	121,735	170,286	121,735	170,286
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	40,483	43,841	40,483	43,841
General ALLL	81,252	126,445	81,252	126,445
Ending balance: loans individually evaluated for impairment	523,876	508,258	523,876	508,258
Ending balance: loans collectively evaluated for impairment	5,711,700	6,023,018	5,711,700	6,023,018
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income	6,235,576	6,531,276	6,235,576	6,531,276
Mortgages | PUERTO RICO | Covered loans
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period				32,521
Provision (reversal) for loan losses				2,265
Charge-offs				(1,446)
Recoveries				82
Allowance Transferred To Non Covered Loans				(33,422)
Balance at end of period		0		0
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL		0		0
General ALLL		0		0
Ending balance: loans individually evaluated for impairment		0		0
Ending balance: loans collectively evaluated for impairment		0		0
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income		0		0
Mortgages | UNITED STATES
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Non-covered Loans held-in-portfolio	933,043		933,043		801,935
Mortgages | UNITED STATES | Non-covered loans
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	4,586	4,363	4,434	4,541
Provision (reversal) for loan losses	288	(65)	899	(529)
Charge-offs	0	(17)	(594)	(160)
Recoveries	18	20	153	449
Balance at end of period	4,892	4,301	4,892	4,301
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	2,385	2,364	2,385	2,364
General ALLL	2,507	1,937	2,507	1,937
Ending balance: loans individually evaluated for impairment	9,441	8,825	9,441	8,825
Ending balance: loans collectively evaluated for impairment	923,602	764,069	923,602	764,069
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income	933,043	772,894	933,043	772,894
Legacy
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	774	700	969	798
Provision (reversal) for loan losses	(280)	(1,008)	(1,467)	(1,714)
Charge-offs	(2)	(81)	142	(252)
Recoveries	299	766	1,147	1,545
Balance at end of period	791	377	791	377
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	0	0	0	0
General ALLL	791	377	791	377
Ending balance: loans individually evaluated for impairment	0	0	0	0
Ending balance: loans collectively evaluated for impairment	23,192	27,566	23,192	27,566
Non-covered Loans held-in-portfolio	23,192		23,192		25,949
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income	23,192	27,566	23,192	27,566
Legacy | UNITED STATES
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Non-covered Loans held-in-portfolio	23,192		23,192		25,949
Legacy | UNITED STATES | Non-covered loans
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	774	700	969	798
Provision (reversal) for loan losses	(280)	(1,008)	(1,467)	(1,714)
Charge-offs	(2)	(81)	142	(252)
Recoveries	299	766	1,147	1,545
Balance at end of period	791	377	791	377
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	0	0	0	0
General ALLL	791	377	791	377
Ending balance: loans individually evaluated for impairment	0	0	0	0
Ending balance: loans collectively evaluated for impairment	23,192	27,566	23,192	27,566
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income	23,192	27,566	23,192	27,566
Leasing
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	6,907	14,285	11,486	11,991
Provision (reversal) for loan losses	3,739	(422)	2,276	5,022
Charge-offs	(4,040)	(2,088)	(8,467)	(6,404)
Recoveries	587	531	1,898	1,697
Balance at end of period	7,193	12,306	7,193	12,306
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	71	297	71	297
General ALLL	7,122	12,009	7,122	12,009
Ending balance: loans individually evaluated for impairment	624	931	624	931
Ending balance: loans collectively evaluated for impairment	1,021,860	902,609	1,021,860	902,609
Non-covered Loans held-in-portfolio	1,022,484		1,022,484		934,773
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income	1,022,484	903,540	1,022,484	903,540
Leasing | PUERTO RICO
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Non-covered Loans held-in-portfolio	1,022,484		1,022,484		934,773
Leasing | PUERTO RICO | Non-covered loans
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	6,907	14,285	11,486	11,991
Provision (reversal) for loan losses	3,739	(422)	2,276	5,022
Charge-offs	(4,040)	(2,088)	(8,467)	(6,404)
Recoveries	587	531	1,898	1,697
Allowance Transferred From Covered Loans				0
Balance at end of period	7,193	12,306	7,193	12,306
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	71	297	71	297
General ALLL	7,122	12,009	7,122	12,009
Ending balance: loans individually evaluated for impairment	624	931	624	931
Ending balance: loans collectively evaluated for impairment	1,021,860	902,609	1,021,860	902,609
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income	1,022,484	903,540	1,022,484	903,540
Leasing | PUERTO RICO | Covered loans
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period				0
Provision (reversal) for loan losses				0
Charge-offs				0
Recoveries				0
Allowance Transferred To Non Covered Loans				0
Balance at end of period		0		0
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL		0		0
General ALLL		0		0
Ending balance: loans individually evaluated for impairment		0		0
Ending balance: loans collectively evaluated for impairment		0		0
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income		0		0
Consumer
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	168,057	192,019	162,942	190,467
Provision (reversal) for loan losses	48,931	31,640	113,941	87,922
Charge-offs	(51,017)	(47,195)	(136,066)	(118,034)
Recoveries	12,498	10,324	37,652	26,433
Balance at end of period	178,469	186,788	178,469	186,788
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	22,720	26,255	22,720	26,255
General ALLL	155,749	160,533	155,749	160,533
Ending balance: loans individually evaluated for impairment	105,117	114,572	105,117	114,572
Ending balance: loans collectively evaluated for impairment	5,726,058	5,225,248	5,726,058	5,225,248
Non-covered Loans held-in-portfolio	5,831,175		5,831,175		5,489,441
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income	5,831,175	5,339,820	5,831,175	5,339,820
Consumer | PUERTO RICO
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Non-covered Loans held-in-portfolio	5,381,797		5,381,797		5,056,778
Consumer | PUERTO RICO | Non-covered loans
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	148,131	179,066	144,594	174,215
Provision (reversal) for loan losses	47,198	20,618	102,412	71,610
Charge-offs	(46,398)	(42,180)	(120,187)	(101,703)
Recoveries	10,286	9,097	32,398	22,291
Allowance Transferred From Covered Loans				188
Balance at end of period	159,217	166,601	159,217	166,601
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	21,009	24,906	21,009	24,906
General ALLL	138,208	141,695	138,208	141,695
Ending balance: loans individually evaluated for impairment	95,356	107,184	95,356	107,184
Ending balance: loans collectively evaluated for impairment	5,286,441	4,796,084	5,286,441	4,796,084
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income	5,381,797	4,903,268	5,381,797	4,903,268
Consumer | PUERTO RICO | Covered loans
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period				723
Provision (reversal) for loan losses				(535)
Charge-offs				(2)
Recoveries				2
Allowance Transferred To Non Covered Loans				(188)
Balance at end of period		0		0
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL		0		0
General ALLL		0		0
Ending balance: loans individually evaluated for impairment		0		0
Ending balance: loans collectively evaluated for impairment		0		0
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income		0		0
Consumer | UNITED STATES
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Non-covered Loans held-in-portfolio	449,378		449,378		$ 432,663
Consumer | UNITED STATES | Non-covered loans
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	19,926	12,953	18,348	15,529
Provision (reversal) for loan losses	1,733	11,022	11,529	16,847
Charge-offs	(4,619)	(5,015)	(15,879)	(16,329)
Recoveries	2,212	1,227	5,254	4,140
Balance at end of period	19,252	20,187	19,252	20,187
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	1,711	1,349	1,711	1,349
General ALLL	17,541	18,838	17,541	18,838
Ending balance: loans individually evaluated for impairment	9,761	7,388	9,761	7,388
Ending balance: loans collectively evaluated for impairment	439,617	429,164	439,617	429,164
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income	$ 449,378	$ 436,552	$ 449,378	$ 436,552

Allowance for loan losses - Act

Allowance for loan losses - Activity in Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	$ 543,666	$ 643,018	$ 569,348	$ 623,426
Provision (reversal) for loan losses	36,539	54,387	118,555	185,504
Charge-offs	(92,518)	(83,055)	(240,347)	(224,512)
Balance at end of period	512,365	633,718	512,365	633,718
ASC Subtopic 310-30
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	120,818	156,328	122,135	119,505
Provision (reversal) for loan losses	(14,617)	17,854	(2,007)	78,317
Charge-offs	(11,591)	(5,623)	(25,518)	(29,263)
Balance at end of period	$ 94,610	$ 168,559	$ 94,610	$ 168,559

Allowance for loan losses - Dis

Allowance for loan losses - Disclosures related to loans individually evaluated for impairment (Details) - Non Covered Loans - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Financing Receivable, Impaired
Related Allowance	$ 95,846	$ 119,670
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	770,410	795,308
Recorded investment - with No Allowance	288,203	249,787
Recorded Investment - Total	1,058,613	1,045,095
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	861,205	867,932
Unpaid principal balance - with No Allowance	397,506	377,884
Unpaid Principal Balance - Total	1,258,711	1,245,816
Commercial multi-family
Financing Receivable, Impaired
Related Allowance	249	4
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	2,249	932
Recorded investment - with No Allowance	2,097	0
Recorded Investment - Total	4,346	932
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	2,284	932
Unpaid principal balance - with No Allowance	2,539	0
Unpaid Principal Balance - Total	4,823	932
CRE non-owner occupied
Financing Receivable, Impaired
Related Allowance	14,012	27,494
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	76,055	85,583
Recorded investment - with No Allowance	110,859	96,005
Recorded Investment - Total	186,914	181,588
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	88,496	86,282
Unpaid principal balance - with No Allowance	121,418	138,378
Unpaid Principal Balance - Total	209,914	224,660
CRE owner occupied
Financing Receivable, Impaired
Related Allowance	5,607	7,857
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	111,600	113,592
Recorded investment - with No Allowance	27,573	26,474
Recorded Investment - Total	139,173	140,066
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	130,895	132,677
Unpaid principal balance - with No Allowance	59,748	60,485
Unpaid Principal Balance - Total	190,643	193,162
Commercial and industrial
Financing Receivable, Impaired
Related Allowance	10,262	16,835
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	50,024	65,208
Recorded investment - with No Allowance	28,764	10,724
Recorded Investment - Total	78,788	75,932
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	51,327	67,094
Unpaid principal balance - with No Allowance	51,037	20,968
Unpaid Principal Balance - Total	102,364	88,062
Construction
Financing Receivable, Impaired
Related Allowance	57	56
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	274	1,788
Recorded investment - with No Allowance	10,060	12,060
Recorded Investment - Total	10,334	13,848
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	274	1,788
Unpaid principal balance - with No Allowance	18,127	18,127
Unpaid Principal Balance - Total	18,401	19,915
Mortgages
Financing Receivable, Impaired
Related Allowance	42,868	41,211
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	426,626	416,004
Recorded investment - with No Allowance	106,691	102,884
Recorded Investment - Total	533,317	518,888
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	484,347	466,909
Unpaid principal balance - with No Allowance	142,394	138,211
Unpaid Principal Balance - Total	626,741	605,120
Leasing
Financing Receivable, Impaired
Related Allowance	71	320
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	624	1,099
Recorded investment - with No Allowance	0	0
Recorded Investment - Total	624	1,099
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	624	1,099
Unpaid principal balance - with No Allowance	0	0
Unpaid Principal Balance - Total	624	1,099
Consumer | Credit cards
Financing Receivable, Impaired
Related Allowance	3,018	4,571
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	26,049	28,829
Recorded investment - with No Allowance	0	0
Recorded Investment - Total	26,049	28,829
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	26,049	28,829
Unpaid principal balance - with No Allowance	0	0
Unpaid Principal Balance - Total	26,049	28,829
Consumer | Home equity lines of credit
Financing Receivable, Impaired
Related Allowance	1,708	1,558
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	7,575	6,236
Recorded investment - with No Allowance	2,085	1,498
Recorded Investment - Total	9,660	7,734
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	7,575	6,285
Unpaid principal balance - with No Allowance	2,169	1,572
Unpaid Principal Balance - Total	9,744	7,857
Consumer | Personal Loan
Financing Receivable, Impaired
Related Allowance	17,827	19,350
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	68,174	73,620
Recorded investment - with No Allowance	74	142
Recorded Investment - Total	68,248	73,762
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	68,174	73,620
Unpaid principal balance - with No Allowance	74	143
Unpaid Principal Balance - Total	68,248	73,763
Consumer | Auto Loan
Financing Receivable, Impaired
Related Allowance	62	228
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	333	1,161
Recorded investment - with No Allowance	0	0
Recorded Investment - Total	333	1,161
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	333	1,161
Unpaid principal balance - with No Allowance	0	0
Unpaid Principal Balance - Total	333	1,161
Consumer | Other
Financing Receivable, Impaired
Related Allowance	105	186
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	827	1,256
Recorded investment - with No Allowance	0	0
Recorded Investment - Total	827	1,256
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	827	1,256
Unpaid principal balance - with No Allowance	0	0
Unpaid Principal Balance - Total	827	1,256
PUERTO RICO
Financing Receivable, Impaired
Related Allowance	91,750	115,409
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	755,847	781,204
Recorded investment - with No Allowance	271,407	233,904
Recorded Investment - Total	1,027,254	1,015,108
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	846,290	852,117
Unpaid principal balance - with No Allowance	371,753	354,915
Unpaid Principal Balance - Total	1,218,043	1,207,032
PUERTO RICO | Commercial multi-family
Financing Receivable, Impaired
Related Allowance	249	4
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	2,249	932
Recorded investment - with No Allowance	0	0
Recorded Investment - Total	2,249	932
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	2,284	932
Unpaid principal balance - with No Allowance	0	0
Unpaid Principal Balance - Total	2,284	932
PUERTO RICO | CRE non-owner occupied
Financing Receivable, Impaired
Related Allowance	14,012	27,494
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	76,055	85,583
Recorded investment - with No Allowance	110,859	96,005
Recorded Investment - Total	186,914	181,588
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	88,496	86,282
Unpaid principal balance - with No Allowance	121,418	138,378
Unpaid Principal Balance - Total	209,914	224,660
PUERTO RICO | CRE owner occupied
Financing Receivable, Impaired
Related Allowance	5,607	7,857
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	111,600	113,592
Recorded investment - with No Allowance	27,573	26,474
Recorded Investment - Total	139,173	140,066
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	130,895	132,677
Unpaid principal balance - with No Allowance	59,748	60,485
Unpaid Principal Balance - Total	190,643	193,162
PUERTO RICO | Commercial and industrial
Financing Receivable, Impaired
Related Allowance	10,262	16,835
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	50,024	65,208
Recorded investment - with No Allowance	28,764	10,724
Recorded Investment - Total	78,788	75,932
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	51,327	67,094
Unpaid principal balance - with No Allowance	51,037	20,968
Unpaid Principal Balance - Total	102,364	88,062
PUERTO RICO | Construction
Financing Receivable, Impaired
Related Allowance	57	56
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	274	1,788
Recorded investment - with No Allowance	0	0
Recorded Investment - Total	274	1,788
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	274	1,788
Unpaid principal balance - with No Allowance	0	0
Unpaid Principal Balance - Total	274	1,788
PUERTO RICO | Mortgages
Financing Receivable, Impaired
Related Allowance	40,483	38,760
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	419,665	408,767
Recorded investment - with No Allowance	104,211	100,701
Recorded Investment - Total	523,876	509,468
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	477,034	458,010
Unpaid principal balance - with No Allowance	139,550	135,084
Unpaid Principal Balance - Total	616,584	593,094
PUERTO RICO | Leasing
Financing Receivable, Impaired
Related Allowance	71	320
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	624	1,099
Recorded investment - with No Allowance	0	0
Recorded Investment - Total	624	1,099
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	624	1,099
Unpaid principal balance - with No Allowance	0	0
Unpaid Principal Balance - Total	624	1,099
PUERTO RICO | Consumer | Credit cards
Financing Receivable, Impaired
Related Allowance	3,018	4,571
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	26,049	28,829
Recorded investment - with No Allowance	0	0
Recorded Investment - Total	26,049	28,829
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	26,049	28,829
Unpaid principal balance - with No Allowance	0	0
Unpaid Principal Balance - Total	26,049	28,829
PUERTO RICO | Consumer | Personal Loan
Financing Receivable, Impaired
Related Allowance	17,824	19,098
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	68,147	72,989
Recorded investment - with No Allowance	0	0
Recorded Investment - Total	68,147	72,989
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	68,147	72,989
Unpaid principal balance - with No Allowance	0	0
Unpaid Principal Balance - Total	68,147	72,989
PUERTO RICO | Consumer | Auto Loan
Financing Receivable, Impaired
Related Allowance	62	228
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	333	1,161
Recorded investment - with No Allowance	0	0
Recorded Investment - Total	333	1,161
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	333	1,161
Unpaid principal balance - with No Allowance	0	0
Unpaid Principal Balance - Total	333	1,161
PUERTO RICO | Consumer | Other
Financing Receivable, Impaired
Related Allowance	105	186
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	827	1,256
Recorded investment - with No Allowance	0	0
Recorded Investment - Total	827	1,256
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	827	1,256
Unpaid principal balance - with No Allowance	0	0
Unpaid Principal Balance - Total	827	1,256
UNITED STATES
Financing Receivable, Impaired
Related Allowance	4,096	4,261
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	14,563	14,104
Recorded investment - with No Allowance	16,796	15,883
Recorded Investment - Total	31,359	29,987
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	14,915	15,815
Unpaid principal balance - with No Allowance	25,753	22,969
Unpaid Principal Balance - Total	40,668	38,784
UNITED STATES | Commercial multi-family
Financing Receivable, Impaired
Related Allowance	0
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	0
Recorded investment - with No Allowance	2,097
Recorded Investment - Total	2,097
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	0
Unpaid principal balance - with No Allowance	2,539
Unpaid Principal Balance - Total	2,539
UNITED STATES | Construction
Financing Receivable, Impaired
Related Allowance	0	0
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	0	0
Recorded investment - with No Allowance	10,060	12,060
Recorded Investment - Total	10,060	12,060
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	0	0
Unpaid principal balance - with No Allowance	18,127	18,127
Unpaid Principal Balance - Total	18,127	18,127
UNITED STATES | Mortgages
Financing Receivable, Impaired
Related Allowance	2,385	2,451
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	6,961	7,237
Recorded investment - with No Allowance	2,480	2,183
Recorded Investment - Total	9,441	9,420
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	7,313	8,899
Unpaid principal balance - with No Allowance	2,844	3,127
Unpaid Principal Balance - Total	10,157	12,026
UNITED STATES | Consumer | Home equity lines of credit
Financing Receivable, Impaired
Related Allowance	1,708	1,558
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	7,575	6,236
Recorded investment - with No Allowance	2,085	1,498
Recorded Investment - Total	9,660	7,734
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	7,575	6,285
Unpaid principal balance - with No Allowance	2,169	1,572
Unpaid Principal Balance - Total	9,744	7,857
UNITED STATES | Consumer | Personal Loan
Financing Receivable, Impaired
Related Allowance	3	252
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	27	631
Recorded investment - with No Allowance	74	142
Recorded Investment - Total	101	773
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	27	631
Unpaid principal balance - with No Allowance	74	143
Unpaid Principal Balance - Total	$ 101	$ 774

Allowance for loan losses - Ave

Allowance for loan losses - Average recorded investment and interest income recognized on impaired loans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Financing Receivable, Impaired
Average Recorded Investment	$ 1,051,553	$ 1,009,563	$ 1,045,561	$ 986,943
Interest Income Recognized	9,777	7,738	27,525	26,150
Commercial multi-family | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	3,950	1,100	2,439	634
Interest Income Recognized	12	9	36	28
CRE non-owner occupied | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	182,078	132,927	180,401	128,143
Interest Income Recognized	2,561	1,371	6,987	4,278
CRE owner occupied | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	139,045	148,931	139,869	151,192
Interest Income Recognized	1,698	1,636	4,831	4,786
Commercial and industrial | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	74,674	74,770	72,668	67,775
Interest Income Recognized	888	1,053	2,744	2,793
Construction | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	12,091	20,078	12,970	11,112
Interest Income Recognized	0	0	0	25
Mortgages | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	531,984	517,196	526,915	518,147
Interest Income Recognized	4,554	3,604	12,719	13,920
Leasing | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	745	1,031	902	1,220
Interest Income Recognized	0	0	0	0
Consumer | Credit cards | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	26,346	31,998	27,350	32,734
Interest Income Recognized	0	0	0	0
Consumer | Home equity lines of credit | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	9,749	6,208	8,855	5,446
Interest Income Recognized	0	0	0	0
Consumer | Personal Loan | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	69,210	73,121	71,147	67,818
Interest Income Recognized	64	65	208	320
Consumer | Auto Loan | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	742	1,067	952	1,476
Interest Income Recognized	0	0	0	0
Consumer | Other | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	939	1,136	1,093	1,246
Interest Income Recognized	0	0	0	0
PUERTO RICO
Financing Receivable, Impaired
Average Recorded Investment	1,018,191	975,426	1,013,338	962,569
Interest Income Recognized	9,622	7,695	27,229	26,020
PUERTO RICO | Commercial multi-family | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	1,641	1,100	1,284	634
Interest Income Recognized	12	9	36	28
PUERTO RICO | CRE non-owner occupied | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	182,078	132,927	180,401	128,143
Interest Income Recognized	2,561	1,371	6,987	4,278
PUERTO RICO | CRE owner occupied | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	138,325	148,931	139,086	151,192
Interest Income Recognized	1,698	1,636	4,831	4,786
PUERTO RICO | Commercial and industrial | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	74,674	74,770	72,668	67,775
Interest Income Recognized	888	1,053	2,744	2,793
PUERTO RICO | Construction | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	1,031	2,194	1,410	2,170
Interest Income Recognized	0	0	0	25
PUERTO RICO | Mortgages | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	522,567	507,919	517,492	508,930
Interest Income Recognized	4,399	3,561	12,423	13,790
PUERTO RICO | Leasing | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	745	1,031	902	1,220
Interest Income Recognized	0	0	0	0
PUERTO RICO | Consumer | Credit cards | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	26,346	31,998	27,350	32,734
Interest Income Recognized	0	0	0	0
PUERTO RICO | Consumer | Home equity lines of credit | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	0	0	0	0
Interest Income Recognized	0	0	0	0
PUERTO RICO | Consumer | Personal Loan | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	69,103	72,353	70,700	67,049
Interest Income Recognized	64	65	208	320
PUERTO RICO | Consumer | Auto Loan | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	742	1,067	952	1,476
Interest Income Recognized	0	0	0	0
PUERTO RICO | Consumer | Other | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	939	1,136	1,093	1,246
Interest Income Recognized	0	0	0	0
UNITED STATES
Financing Receivable, Impaired
Average Recorded Investment	33,362	34,137	32,223	24,374
Interest Income Recognized	155	43	296	130
UNITED STATES | Commercial multi-family | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	2,309	0	1,155	0
Interest Income Recognized	0	0	0	0
UNITED STATES | CRE non-owner occupied | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	0	0	0	0
Interest Income Recognized	0	0	0	0
UNITED STATES | CRE owner occupied | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	720	0	783	0
Interest Income Recognized	0	0	0	0
UNITED STATES | Commercial and industrial | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	0	0	0	0
Interest Income Recognized	0	0	0	0
UNITED STATES | Construction | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	11,060	17,884	11,560	8,942
Interest Income Recognized	0	0	0	0
UNITED STATES | Mortgages | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	9,417	9,277	9,423	9,217
Interest Income Recognized	155	43	296	130
UNITED STATES | Leasing | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	0	0	0	0
Interest Income Recognized	0	0	0	0
UNITED STATES | Consumer | Credit cards | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	0	0	0	0
Interest Income Recognized	0	0	0	0
UNITED STATES | Consumer | Home equity lines of credit | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	9,749	6,208	8,855	5,446
Interest Income Recognized	0	0	0	0
UNITED STATES | Consumer | Personal Loan | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	107	768	447	769
Interest Income Recognized	0	0	0	0
UNITED STATES | Consumer | Auto Loan | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	0	0	0	0
Interest Income Recognized	0	0	0	0
UNITED STATES | Consumer | Other | Non Covered Loans
Financing Receivable, Impaired
Average Recorded Investment	0	0	0	0
Interest Income Recognized	$ 0	$ 0	$ 0	$ 0

Allowance for loan losses - Tro

Allowance for loan losses - Troubled debt restructuring according to their accruing status (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018
Troubled Debt Restructuring
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	$ 95,846		$ 130,537
Commercial
Troubled Debt Restructuring
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	30,130		52,250
Construction
Troubled Debt Restructuring
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	57		5,530
Mortgages
Troubled Debt Restructuring
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	42,868		46,205
Leasing
Troubled Debt Restructuring
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	71		297
Consumer
Troubled Debt Restructuring
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	22,720		$ 26,255
Non Covered Loans
Troubled Debt Restructuring
Troubled debt restructurings	1,582,368	$ 1,515,889
Non Covered Loans | TDR
Troubled Debt Restructuring
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	80,388	112,999
Non Covered Loans | Commercial
Troubled Debt Restructuring
Troubled debt restructurings	350,722	360,679
Non Covered Loans | Commercial | TDR
Troubled Debt Restructuring
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	15,971	46,889
Non Covered Loans | Construction
Troubled Debt Restructuring
Troubled debt restructurings	274	1,788
Non Covered Loans | Construction | TDR
Troubled Debt Restructuring
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	57	56
Non Covered Loans | Mortgages
Troubled Debt Restructuring
Troubled debt restructurings	1,128,755	1,042,470
Non Covered Loans | Mortgages | TDR
Troubled Debt Restructuring
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	42,029	41,211
Non Covered Loans | Leasing
Troubled Debt Restructuring
Troubled debt restructurings	588	1,108
Non Covered Loans | Leasing | TDR
Troubled Debt Restructuring
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	71	320
Non Covered Loans | Consumer
Troubled Debt Restructuring
Troubled debt restructurings	102,029	109,844
Non Covered Loans | Consumer | TDR
Troubled Debt Restructuring
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	22,260	24,523
Non-Accruing | Non Covered Loans
Troubled Debt Restructuring
Troubled debt restructurings	265,696	284,558
Non-Accruing | Non Covered Loans | Commercial
Troubled Debt Restructuring
Troubled debt restructurings	116,508	130,921
Non-Accruing | Non Covered Loans | Construction
Troubled Debt Restructuring
Troubled debt restructurings	274	1,788
Non-Accruing | Non Covered Loans | Mortgages
Troubled Debt Restructuring
Troubled debt restructurings	132,755	135,758
Non-Accruing | Non Covered Loans | Leasing
Troubled Debt Restructuring
Troubled debt restructurings	245	440
Non-Accruing | Non Covered Loans | Consumer
Troubled Debt Restructuring
Troubled debt restructurings	15,914	15,651
Accruing | Non Covered Loans
Troubled Debt Restructuring
Troubled debt restructurings	1,316,672	1,231,331
Accruing | Non Covered Loans | Commercial
Troubled Debt Restructuring
Troubled debt restructurings	234,214	229,758
Accruing | Non Covered Loans | Construction
Troubled Debt Restructuring
Troubled debt restructurings	0	0
Accruing | Non Covered Loans | Mortgages
Troubled Debt Restructuring
Troubled debt restructurings	996,000	906,712
Accruing | Non Covered Loans | Leasing
Troubled Debt Restructuring
Troubled debt restructurings	343	668
Accruing | Non Covered Loans | Consumer
Troubled Debt Restructuring
Troubled debt restructurings	$ 86,115	$ 94,193

Allowance for loan losses - T_2

Allowance for loan losses - Troubled debt restructurings loan count by type of modification (Details) - loans	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Troubled Debt Restructuring
Reduction In Interest Rate	305	659	979	1,673
Extension of Maturity Date	62	61	189	192
Combination Interest Rate Reduction Maturity Date Extension	211	76	510	192
Other Modifications	44	84	167	439
Commercial multi-family
Troubled Debt Restructuring
Reduction In Interest Rate	0	0	0	0
Extension of Maturity Date	0	1	1	2
Combination Interest Rate Reduction Maturity Date Extension	0	0	0	0
Other Modifications	0	0	0	0
CRE non-owner occupied
Troubled Debt Restructuring
Reduction In Interest Rate	0	1	0	3
Extension of Maturity Date	3	3	6	14
Combination Interest Rate Reduction Maturity Date Extension	0	0	0	0
Other Modifications	0	0	0	0
CRE owner occupied
Troubled Debt Restructuring
Reduction In Interest Rate	0	1	1	4
Extension of Maturity Date	4	12	19	54
Combination Interest Rate Reduction Maturity Date Extension	0	0	0	0
Other Modifications	0	0	0	0
Commercial and industrial
Troubled Debt Restructuring
Reduction In Interest Rate	2	2	2	6
Extension of Maturity Date	7	25	41	75
Combination Interest Rate Reduction Maturity Date Extension	0	0	0	0
Other Modifications	0	0	0	0
Construction
Troubled Debt Restructuring
Reduction In Interest Rate		0		1
Extension of Maturity Date		0		0
Combination Interest Rate Reduction Maturity Date Extension		0		0
Other Modifications		0		0
Mortgages
Troubled Debt Restructuring
Reduction In Interest Rate	2	28	33	73
Extension of Maturity Date	43	7	98	17
Combination Interest Rate Reduction Maturity Date Extension	207	70	494	173
Other Modifications	3	11	5	56
Leasing
Troubled Debt Restructuring
Reduction In Interest Rate	0	0	0	0
Extension of Maturity Date	1	0	1	0
Combination Interest Rate Reduction Maturity Date Extension	1	3	2	4
Other Modifications	0	0	0	0
Credit cards
Troubled Debt Restructuring
Reduction In Interest Rate	111	115	394	426
Extension of Maturity Date	0	0	0	0
Combination Interest Rate Reduction Maturity Date Extension	1	0	2	3
Other Modifications	41	72	161	382
Home equity lines of credit
Troubled Debt Restructuring
Reduction In Interest Rate	0	0	0	0
Extension of Maturity Date	2	8	14	20
Combination Interest Rate Reduction Maturity Date Extension	2	1	11	8
Other Modifications	0	1	0	1
Personal Loan
Troubled Debt Restructuring
Reduction In Interest Rate	183	511	527	1,139
Extension of Maturity Date	1	1	4	4
Combination Interest Rate Reduction Maturity Date Extension	0	0	0	0
Other Modifications	0	0	1	0
Auto Loan
Troubled Debt Restructuring
Reduction In Interest Rate	0	0	0	0
Extension of Maturity Date	1	4	5	6
Combination Interest Rate Reduction Maturity Date Extension	0	1	1	2
Other Modifications	0	0	0	0
Other
Troubled Debt Restructuring
Reduction In Interest Rate	7	1	22	21
Extension of Maturity Date	0	0	0	0
Combination Interest Rate Reduction Maturity Date Extension	0	1	0	2
Other Modifications	0	0	0	0

Allowance for loan losses - Qua

Allowance for loan losses - Quantitative information by loan class for loans modified as T D R (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019USD ($)loans	Sep. 30, 2018USD ($)loans	Sep. 30, 2019USD ($)loans	Sep. 30, 2018USD ($)loans
Troubled Debt Restructuring
Loan count | loans	622	880	1,845	2,496
Pre-Modification Recorded Investment	$ 49,279	$ 38,627	$ 116,599	$ 182,496
Post Modification Recorded Investment	47,493	37,046	111,076	176,711
Increase (decrease) in the allowance for loan losses as a result of modification	$ 1,529	$ 4,163	$ 6,887	$ 31,479
Commercial multi-family
Troubled Debt Restructuring
Loan count | loans		1	1	2
Pre-Modification Recorded Investment		$ 810	$ 154	$ 1,377
Post Modification Recorded Investment		808	116	1,375
Increase (decrease) in the allowance for loan losses as a result of modification		$ 63	$ (5)	$ 106
CRE non-owner occupied
Troubled Debt Restructuring
Loan count | loans	3	4	6	17
Pre-Modification Recorded Investment	$ 16,822	$ 1,523	$ 19,389	$ 28,969
Post Modification Recorded Investment	16,822	1,521	19,379	28,908
Increase (decrease) in the allowance for loan losses as a result of modification	$ (86)	$ 100	$ 721	$ 6,854
CRE owner occupied
Troubled Debt Restructuring
Loan count | loans	4	13	20	58
Pre-Modification Recorded Investment	$ 2,966	$ 7,578	$ 6,378	$ 27,648
Post Modification Recorded Investment	2,959	7,525	6,110	26,433
Increase (decrease) in the allowance for loan losses as a result of modification	$ (48)	$ 160	$ 9	$ 1,143
Commercial and industrial
Troubled Debt Restructuring
Loan count | loans	9	27	43	81
Pre-Modification Recorded Investment	$ 1,436	$ 2,411	$ 9,749	$ 49,633
Post Modification Recorded Investment	1,384	2,388	10,219	48,882
Increase (decrease) in the allowance for loan losses as a result of modification	$ 103	$ 139	$ 888	$ 13,963
Construction
Troubled Debt Restructuring
Loan count | loans				1
Pre-Modification Recorded Investment				$ 4,210
Post Modification Recorded Investment				4,293
Increase (decrease) in the allowance for loan losses as a result of modification				$ 474
Mortgages
Troubled Debt Restructuring
Loan count | loans	255	116	630	319
Pre-Modification Recorded Investment	$ 23,583	$ 15,143	$ 64,533	$ 40,741
Post Modification Recorded Investment	21,907	13,507	58,818	36,442
Increase (decrease) in the allowance for loan losses as a result of modification	$ 746	$ 640	$ 2,104	$ 1,874
Leasing
Troubled Debt Restructuring
Loan count | loans	2	3	3	4
Pre-Modification Recorded Investment	$ 237	$ 75	$ 264	$ 98
Post Modification Recorded Investment	238	73	266	96
Increase (decrease) in the allowance for loan losses as a result of modification	$ 0	$ 23	$ 7	$ 30
Credit cards
Troubled Debt Restructuring
Loan count | loans	153	187	557	811
Pre-Modification Recorded Investment	$ 1,375	$ 1,693	$ 4,690	$ 8,097
Post Modification Recorded Investment	1,355	1,838	4,823	8,642
Increase (decrease) in the allowance for loan losses as a result of modification	$ 109	$ 234	$ 466	$ 1,086
Home equity lines of credit
Troubled Debt Restructuring
Loan count | loans	4	10	25	29
Pre-Modification Recorded Investment	$ 276	$ 913	$ 2,359	$ 2,638
Post Modification Recorded Investment	246	906	2,256	2,579
Increase (decrease) in the allowance for loan losses as a result of modification	$ 25	$ 66	$ 345	$ 440
Personal Loan
Troubled Debt Restructuring
Loan count | loans	184	512	532	1,143
Pre-Modification Recorded Investment	$ 2,546	$ 8,026	$ 8,836	$ 18,351
Post Modification Recorded Investment	2,544	8,025	8,839	18,346
Increase (decrease) in the allowance for loan losses as a result of modification	$ 677	$ 2,660	$ 2,312	$ 5,390
Auto Loan
Troubled Debt Restructuring
Loan count | loans	1	5	6	8
Pre-Modification Recorded Investment	$ 7	$ 63	$ 70	$ 139
Post Modification Recorded Investment	7	63	73	122
Increase (decrease) in the allowance for loan losses as a result of modification	$ 1	$ 11	$ 13	$ 21
Other
Troubled Debt Restructuring
Loan count | loans	7	2	22	23
Pre-Modification Recorded Investment	$ 31	$ 392	$ 177	$ 595
Post Modification Recorded Investment	31	392	177	593
Increase (decrease) in the allowance for loan losses as a result of modification	$ 2	$ 67	$ 27	$ 98

Allowance for loan losses - T D

Allowance for loan losses - T D R that subsequently defaulted (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019USD ($)loans	Sep. 30, 2018USD ($)loans	Sep. 30, 2019USD ($)loans	Sep. 30, 2018USD ($)loans
Troubled Debt Restructuring
Loan count | loans	167	159	429	309
Recorded investment as of first default date	$ 3,925	$ 6,756	$ 17,656	$ 14,200
CRE non-owner occupied
Troubled Debt Restructuring
Loan count | loans	0	0	1	1
Recorded investment as of first default date	$ 0	$ 0	$ 47	$ 17
CRE owner occupied
Troubled Debt Restructuring
Loan count | loans	1	1	3	4
Recorded investment as of first default date	$ 68	$ 255	$ 495	$ 392
Commercial and industrial
Troubled Debt Restructuring
Loan count | loans	1	1	4	7
Recorded investment as of first default date	$ 34	$ 5	$ 7,082	$ 81
Mortgages
Troubled Debt Restructuring
Loan count | loans	32	42	31	74
Recorded investment as of first default date	$ 2,099	$ 5,280	$ 3,148	$ 9,520
Leasing
Troubled Debt Restructuring
Loan count | loans	0		1
Recorded investment as of first default date	$ 0		$ 22
Credit cards
Troubled Debt Restructuring
Loan count | loans	68	86	222	150
Recorded investment as of first default date	$ 551	$ 707	$ 2,063	$ 2,301
Home equity lines of credit
Troubled Debt Restructuring
Loan count | loans		1		1
Recorded investment as of first default date		$ 144		$ 144
Personal Loan
Troubled Debt Restructuring
Loan count	62	27	163	67
Recorded investment as of first default date	$ 1,144	$ 362	$ 4,768	$ 1,656
Auto Loan
Troubled Debt Restructuring
Loan count | loans	2	0	2	3
Recorded investment as of first default date	$ 24	$ 0	$ 24	$ 79
Other
Troubled Debt Restructuring
Loan count | loans	1	1	2	2
Recorded investment as of first default date	$ 5	$ 3	$ 7	$ 10

Allowance for loan losses - Cre

Allowance for loan losses - Credit quality indicators of non-covered loans held-in-portfolio based obligor risk ratings (Details) $ in Thousands	Sep. 30, 2019USD ($)units	Dec. 31, 2018USD ($)units
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 27,007,975	$ 26,507,889
Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,638,458	1,723,446
Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	519,671	625,681
Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,071,019	1,236,355
Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	21,870	2,255
Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	8,603	12,049
Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	3,259,621	3,599,786
Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	23,748,354	22,908,103
Commercial multi-family
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,749,164	1,547,168
Commercial multi-family | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	72,654	87,535
Commercial multi-family | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	17,510	11,671
Commercial multi-family | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	10,653	10,569
Commercial multi-family | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Commercial multi-family | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Commercial multi-family | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	100,817	109,775
Commercial multi-family | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,648,347	1,437,393
CRE non-owner occupied
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	4,051,360	4,204,345
CRE non-owner occupied | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	612,494	623,141
CRE non-owner occupied | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	144,002	243,012
CRE non-owner occupied | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	374,377	389,517
CRE non-owner occupied | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	12,046	0
CRE non-owner occupied | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
CRE non-owner occupied | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,142,919	1,255,670
CRE non-owner occupied | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,908,441	2,948,675
CRE owner occupied
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,936,216	2,021,192
CRE owner occupied | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	233,391	311,891
CRE owner occupied | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	232,836	198,473
CRE owner occupied | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	209,188	293,862
CRE owner occupied | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,711	2,078
CRE owner occupied | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
CRE owner occupied | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	677,126	806,304
CRE owner occupied | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,259,090	1,214,888
Commercial and industrial
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	4,471,709	4,270,314
Commercial and industrial | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	683,813	660,917
Commercial and industrial | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	100,675	131,725
Commercial and industrial | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	172,028	232,974
Commercial and industrial | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	8,113	177
Commercial and industrial | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	9	73
Commercial and industrial | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	964,638	1,025,866
Commercial and industrial | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	3,507,071	3,244,448
Commercial
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	12,208,449	12,043,019
Commercial | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,602,352	1,683,484
Commercial | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	495,023	584,881
Commercial | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	766,246	926,922
Commercial | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	21,870	2,255
Commercial | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	9	73
Commercial | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,885,500	3,197,615
Commercial | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	9,322,949	8,845,404
Construction
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	754,056	779,449
Construction | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	32,839	35,522
Construction | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	22,881	38,375
Construction | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	77,148	59,793
Construction | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Construction | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Construction | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	132,868	133,690
Construction | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	621,188	645,759
Mortgages
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	7,168,619	7,235,258
Mortgages | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,239	3,057
Mortgages | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,547	2,182
Mortgages | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	146,737	165,538
Mortgages | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Mortgages | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Mortgages | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	150,523	170,777
Mortgages | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	7,018,096	7,064,481
Legacy
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	23,192	25,949
Legacy | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	454	534
Legacy | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	209	224
Legacy | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,837	2,409
Legacy | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Legacy | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Legacy | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,500	3,167
Legacy | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	20,692	22,782
Leasing
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,022,484	934,773
Leasing | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Leasing | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Leasing | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,690	3,301
Leasing | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Leasing | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	43	12
Leasing | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,733	3,313
Leasing | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,019,751	931,460
Consumer
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	5,831,175	5,489,441
Consumer | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	574	849
Consumer | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	11	19
Consumer | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	76,361	78,392
Consumer | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Consumer | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	8,551	11,964
Consumer | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	85,497	91,224
Consumer | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	5,745,678	5,398,217
Credit cards
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,036,295	1,047,311
Credit cards | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Credit cards | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Credit cards | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	16,459	16,035
Credit cards | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Credit cards | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Credit cards | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	16,459	16,035
Credit cards | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,019,836	1,031,276
Home equity lines of credit
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	130,385	148,403
Home equity lines of credit | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Home equity lines of credit | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Home equity lines of credit | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,973	2,780
Home equity lines of credit | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Home equity lines of credit | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	8,043	10,964
Home equity lines of credit | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	11,016	13,744
Home equity lines of credit | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	119,369	134,659
Personal Loan
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,673,708	1,539,974
Personal Loan | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	82	849
Personal Loan | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	19
Personal Loan | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	20,120	20,737
Personal Loan | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Personal Loan | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	291	701
Personal Loan | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	20,493	22,306
Personal Loan | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,653,215	1,517,668
Auto Loan
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,847,758	2,608,785
Auto Loan | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Auto Loan | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Auto Loan | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	22,736	24,093
Auto Loan | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Auto Loan | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	217	84
Auto Loan | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	22,953	24,177
Auto Loan | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,824,805	2,584,608
Other
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	143,029	144,968
Other | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	492	0
Other | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	11	0
Other | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	14,073	14,747
Other | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
Other | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	215
Other | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	14,576	14,962
Other | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	128,453	130,006
PUERTO RICO
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	19,932,582	19,883,472
PUERTO RICO | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,397,916	1,393,761
PUERTO RICO | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	431,488	545,707
PUERTO RICO | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	831,560	1,027,993
PUERTO RICO | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	21,870	2,255
PUERTO RICO | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	440	384
PUERTO RICO | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,683,274	2,970,100
PUERTO RICO | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	17,249,308	16,913,372
PUERTO RICO | Commercial multi-family
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	148,550	145,628
PUERTO RICO | Commercial multi-family | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,262	1,634
PUERTO RICO | Commercial multi-family | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	3,604	4,548
PUERTO RICO | Commercial multi-family | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 2,062	$ 3,590
Weighted average obligor risk rating | units	11.87	11.20
PUERTO RICO | Commercial multi-family | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 0	$ 0
PUERTO RICO | Commercial multi-family | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | Commercial multi-family | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	7,928	9,772
PUERTO RICO | Commercial multi-family | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 140,622	$ 135,856
Weighted average obligor risk rating | units	6.02	6.02
PUERTO RICO | CRE non-owner occupied
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 2,097,149	$ 2,322,601
PUERTO RICO | CRE non-owner occupied | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	530,310	470,506
PUERTO RICO | CRE non-owner occupied | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	107,723	233,173
PUERTO RICO | CRE non-owner occupied | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 272,491	$ 342,962
Weighted average obligor risk rating | units	11.15	11.11
PUERTO RICO | CRE non-owner occupied | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 12,046	$ 0
PUERTO RICO | CRE non-owner occupied | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | CRE non-owner occupied | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	922,570	1,046,641
PUERTO RICO | CRE non-owner occupied | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 1,174,579	$ 1,275,960
Weighted average obligor risk rating | units	6.81	6.93
PUERTO RICO | CRE owner occupied
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 1,617,097	$ 1,722,253
PUERTO RICO | CRE owner occupied | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	201,442	262,476
PUERTO RICO | CRE owner occupied | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	218,294	174,510
PUERTO RICO | CRE owner occupied | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 202,055	$ 291,468
Weighted average obligor risk rating | units	11.35	11.29
PUERTO RICO | CRE owner occupied | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 1,711	$ 2,078
PUERTO RICO | CRE owner occupied | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | CRE owner occupied | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	623,502	730,532
PUERTO RICO | CRE owner occupied | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 993,595	$ 991,721
Weighted average obligor risk rating | units	7.27	7.25
PUERTO RICO | Commercial and industrial
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 3,305,857	$ 3,182,161
PUERTO RICO | Commercial and industrial | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	660,142	655,092
PUERTO RICO | Commercial and industrial | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	100,309	130,641
PUERTO RICO | Commercial and industrial | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 121,777	$ 156,515
Weighted average obligor risk rating | units	11.29	11.33
PUERTO RICO | Commercial and industrial | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 8,113	$ 177
PUERTO RICO | Commercial and industrial | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	9	73
PUERTO RICO | Commercial and industrial | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	890,350	942,498
PUERTO RICO | Commercial and industrial | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 2,415,507	$ 2,239,663
Weighted average obligor risk rating | units	7.14	7.15
PUERTO RICO | Commercial
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 7,168,653	$ 7,372,643
PUERTO RICO | Commercial | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,394,156	1,389,708
PUERTO RICO | Commercial | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	429,930	542,872
PUERTO RICO | Commercial | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 598,385	$ 794,535
Weighted average obligor risk rating | units	11.25	11.22
PUERTO RICO | Commercial | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 21,870	$ 2,255
PUERTO RICO | Commercial | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	9	73
PUERTO RICO | Commercial | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,444,350	2,729,443
PUERTO RICO | Commercial | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 4,724,303	$ 4,643,200
Weighted average obligor risk rating | units	7.07	7.09
PUERTO RICO | Construction
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 124,072	$ 85,955
PUERTO RICO | Construction | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	947	147
PUERTO RICO | Construction | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	634
PUERTO RICO | Construction | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 20,535	$ 1,788
Weighted average obligor risk rating | units	11.01	12
PUERTO RICO | Construction | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 0	$ 0
PUERTO RICO | Construction | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | Construction | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	21,482	2,569
PUERTO RICO | Construction | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 102,590	$ 83,386
Weighted average obligor risk rating | units	7.85	7.64
PUERTO RICO | Mortgages
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 6,235,576	$ 6,433,323
PUERTO RICO | Mortgages | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,239	3,057
PUERTO RICO | Mortgages | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,547	2,182
PUERTO RICO | Mortgages | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	137,220	154,506
PUERTO RICO | Mortgages | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | Mortgages | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | Mortgages | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	141,006	159,745
PUERTO RICO | Mortgages | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	6,094,570	6,273,578
PUERTO RICO | Leasing
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,022,484	934,773
PUERTO RICO | Leasing | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | Leasing | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | Leasing | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,690	3,301
PUERTO RICO | Leasing | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | Leasing | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	43	12
PUERTO RICO | Leasing | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,733	3,313
PUERTO RICO | Leasing | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,019,751	931,460
PUERTO RICO | Consumer
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	5,381,797	5,056,778
PUERTO RICO | Consumer | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	574	849
PUERTO RICO | Consumer | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	11	19
PUERTO RICO | Consumer | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	72,730	73,863
PUERTO RICO | Consumer | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | Consumer | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	388	299
PUERTO RICO | Consumer | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	73,703	75,030
PUERTO RICO | Consumer | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	5,308,094	4,981,748
PUERTO RICO | Credit cards
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,036,217	1,047,273
PUERTO RICO | Credit cards | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | Credit cards | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | Credit cards | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	16,459	16,035
PUERTO RICO | Credit cards | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | Credit cards | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | Credit cards | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	16,459	16,035
PUERTO RICO | Credit cards | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,019,758	1,031,238
PUERTO RICO | Home equity lines of credit
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	5,883	5,351
PUERTO RICO | Home equity lines of credit | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | Home equity lines of credit | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | Home equity lines of credit | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	727	165
PUERTO RICO | Home equity lines of credit | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | Home equity lines of credit | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	171	0
PUERTO RICO | Home equity lines of credit | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	898	165
PUERTO RICO | Home equity lines of credit | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	4,985	5,186
PUERTO RICO | Personal Loan
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,349,603	1,250,625
PUERTO RICO | Personal Loan | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	82	849
PUERTO RICO | Personal Loan | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	19
PUERTO RICO | Personal Loan | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	18,741	18,827
PUERTO RICO | Personal Loan | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | Personal Loan | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | Personal Loan | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	18,823	19,695
PUERTO RICO | Personal Loan | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,330,780	1,230,930
PUERTO RICO | Auto Loan
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,847,758	2,608,785
PUERTO RICO | Auto Loan | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | Auto Loan | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | Auto Loan | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	22,736	24,093
PUERTO RICO | Auto Loan | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | Auto Loan | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	217	84
PUERTO RICO | Auto Loan | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	22,953	24,177
PUERTO RICO | Auto Loan | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,824,805	2,584,608
PUERTO RICO | Other
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	142,336	144,744
PUERTO RICO | Other | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	492	0
PUERTO RICO | Other | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	11	0
PUERTO RICO | Other | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	14,067	14,743
PUERTO RICO | Other | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
PUERTO RICO | Other | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	215
PUERTO RICO | Other | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	14,570	14,958
PUERTO RICO | Other | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	127,766	129,786
UNITED STATES
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	7,075,393	6,624,417
UNITED STATES | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	240,542	329,685
UNITED STATES | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	88,183	79,974
UNITED STATES | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	239,459	208,362
UNITED STATES | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	8,163	11,665
UNITED STATES | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	576,347	629,686
UNITED STATES | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	6,499,046	5,994,731
UNITED STATES | Commercial multi-family
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,600,614	1,401,540
UNITED STATES | Commercial multi-family | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	70,392	85,901
UNITED STATES | Commercial multi-family | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	13,906	7,123
UNITED STATES | Commercial multi-family | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 8,591	$ 6,979
Weighted average obligor risk rating | units	11.24	11
UNITED STATES | Commercial multi-family | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 0	$ 0
UNITED STATES | Commercial multi-family | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Commercial multi-family | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	92,889	100,003
UNITED STATES | Commercial multi-family | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 1,507,725	$ 1,301,537
Weighted average obligor risk rating | units	7.36	7.39
UNITED STATES | CRE non-owner occupied
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 1,954,211	$ 1,881,744
UNITED STATES | CRE non-owner occupied | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	82,184	152,635
UNITED STATES | CRE non-owner occupied | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	36,279	9,839
UNITED STATES | CRE non-owner occupied | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 101,886	$ 46,555
Weighted average obligor risk rating | units	11	11.01
UNITED STATES | CRE non-owner occupied | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 0	$ 0
UNITED STATES | CRE non-owner occupied | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | CRE non-owner occupied | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	220,349	209,029
UNITED STATES | CRE non-owner occupied | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 1,733,862	$ 1,672,715
Weighted average obligor risk rating | units	6.93	6.82
UNITED STATES | CRE owner occupied
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 319,119	$ 298,939
UNITED STATES | CRE owner occupied | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	31,949	49,415
UNITED STATES | CRE owner occupied | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	14,542	23,963
UNITED STATES | CRE owner occupied | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 7,133	$ 2,394
Weighted average obligor risk rating | units	11.04	11.16
UNITED STATES | CRE owner occupied | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 0	$ 0
UNITED STATES | CRE owner occupied | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | CRE owner occupied | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	53,624	75,772
UNITED STATES | CRE owner occupied | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 265,495	$ 223,167
Weighted average obligor risk rating | units	7.47	7.55
UNITED STATES | Commercial and industrial
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 1,165,852	$ 1,088,153
UNITED STATES | Commercial and industrial | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	23,671	5,825
UNITED STATES | Commercial and industrial | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	366	1,084
UNITED STATES | Commercial and industrial | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 50,251	$ 76,459
Weighted average obligor risk rating | units	11.01	11.96
UNITED STATES | Commercial and industrial | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 0	$ 0
UNITED STATES | Commercial and industrial | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Commercial and industrial | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	74,288	83,368
UNITED STATES | Commercial and industrial | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 1,091,564	$ 1,004,785
Weighted average obligor risk rating | units	6.60	7.26
UNITED STATES | Commercial
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 5,039,796	$ 4,670,376
UNITED STATES | Commercial | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	208,196	293,776
UNITED STATES | Commercial | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	65,093	42,009
UNITED STATES | Commercial | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 167,861	$ 132,387
Weighted average obligor risk rating | units	11.02	11.56
UNITED STATES | Commercial | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 0	$ 0
UNITED STATES | Commercial | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Commercial | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	441,150	468,172
UNITED STATES | Commercial | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 4,598,646	$ 4,202,204
Weighted average obligor risk rating | units	7.02	7.14
UNITED STATES | Construction
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 629,984	$ 693,494
UNITED STATES | Construction | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	31,892	35,375
UNITED STATES | Construction | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	22,881	37,741
UNITED STATES | Construction | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 56,613	$ 58,005
Weighted average obligor risk rating | units	11.18	11.21
UNITED STATES | Construction | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 0	$ 0
UNITED STATES | Construction | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Construction | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	111,386	131,121
UNITED STATES | Construction | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 518,598	$ 562,373
Weighted average obligor risk rating | units	7.72	7.85
UNITED STATES | Mortgages
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 933,043	$ 801,935
UNITED STATES | Mortgages | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Mortgages | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Mortgages | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	9,517	11,032
UNITED STATES | Mortgages | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Mortgages | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Mortgages | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	9,517	11,032
UNITED STATES | Mortgages | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	923,526	790,903
UNITED STATES | Legacy
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	23,192	25,949
UNITED STATES | Legacy | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	454	534
UNITED STATES | Legacy | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	209	224
UNITED STATES | Legacy | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 1,837	$ 2,409
Weighted average obligor risk rating | units	11.34	11.17
UNITED STATES | Legacy | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 0	$ 0
UNITED STATES | Legacy | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Legacy | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,500	3,167
UNITED STATES | Legacy | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 20,692	$ 22,782
Weighted average obligor risk rating | units	7.95	7.94
UNITED STATES | Consumer
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 449,378	$ 432,663
UNITED STATES | Consumer | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Consumer | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Consumer | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	3,631	4,529
UNITED STATES | Consumer | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Consumer | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	8,163	11,665
UNITED STATES | Consumer | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	11,794	16,194
UNITED STATES | Consumer | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	437,584	416,469
UNITED STATES | Credit cards
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	78	38
UNITED STATES | Credit cards | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Credit cards | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Credit cards | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Credit cards | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Credit cards | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Credit cards | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Credit cards | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	78	38
UNITED STATES | Home equity lines of credit
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	124,502	143,052
UNITED STATES | Home equity lines of credit | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Home equity lines of credit | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Home equity lines of credit | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,246	2,615
UNITED STATES | Home equity lines of credit | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Home equity lines of credit | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	7,872	10,964
UNITED STATES | Home equity lines of credit | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	10,118	13,579
UNITED STATES | Home equity lines of credit | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	114,384	129,473
UNITED STATES | Personal Loan
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	324,105	289,349
UNITED STATES | Personal Loan | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Personal Loan | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Personal Loan | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,379	1,910
UNITED STATES | Personal Loan | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Personal Loan | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	291	701
UNITED STATES | Personal Loan | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,670	2,611
UNITED STATES | Personal Loan | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	322,435	286,738
UNITED STATES | Other
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	693	224
UNITED STATES | Other | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Other | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Other | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	6	4
UNITED STATES | Other | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Other | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	0	0
UNITED STATES | Other | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	6	4
UNITED STATES | Other | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 687	$ 220

Allowance for loan losses - A_2

Allowance for loan losses - Allowance for loan losses - Additional Information (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
PB
Financing Receivable
Change Allowance For Loan Losses Recalibration And Updates Of The Enviromental Factors Adjustments	$ 4,600
Non Covered Loans
Financing Receivable
Troubled debt restructurings	$ 1,582,368		$ 1,515,889
Non Covered Loans | Banco Popular de Puerto Rico
Financing Receivable
Recent Loss Trend Adjustment Percentage	24.00%	80.00%
Non Covered Loans | PB
Financing Receivable
Recent Loss Trend Adjustment Percentage	13.00%	6.00%
Mortgages | Non Covered Loans
Financing Receivable
Troubled debt restructurings	$ 1,128,755		1,042,470
Mortgages | Non Covered Loans | Guaranteed by us sponsored entities
Financing Receivable
Troubled debt restructurings	614,000		543,000
Commercial | Non Covered Loans
Financing Receivable
Troubled debt restructurings	350,722		360,679
Loan | Commercial
Financing Receivable
Outstanding commitments to lend additional funds to debtors owing receivables whose terms have been modified in troubled debt restructurings	$ 16,000		$ 16,000

FDIC loss-share asset and true-

FDIC loss-share asset and true-up payment obligation - Activity in the FDIC loss share indemnification asset (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Mar. 31, 2018
FDIC Indemnification Asset [Roll Forward]
Beginning Balance	$ 46,316
FDIC loss-sharing termination agreement	(45,659)
Amortization	(934)
Credit impairment losses to be covered under loss sharing agreements	104
Reimbursable expenses	537
Net payment from FDIC under loss-sharing agreements	(364)
Ending Balance	0
Balance due to the FDIC for recoveries on covered assets	0
FDIC loss-share asset net	$ 0	$ 44,500

FDIC loss-share asset and tru_2

FDIC loss-share asset and true-up payment obligation - FDIC loss share - Additional Information (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended	9 Months Ended
	May 22, 2018	Mar. 31, 2018	Sep. 30, 2019	Sep. 30, 2018
Business Acquisition, Contingent Consideration
OREO transfer to non-covered status				$ 0
Payment to the FDIC as a consideration for the termination of the loss share agreement.	$ 23,700
Carrying amount (fair value)		$ 171,000
FDIC loss-share asset net		44,500		0
Gain from the FDIC termination agreement			$ 0	102,752
FDIC
Business Acquisition, Contingent Consideration
Loss Sharing Agreement Allocation Percentage	80.00%
Non-covered loans | Mortgages
Business Acquisition, Contingent Consideration
OREO transfer to non-covered status		15,300		$ 15,333
Loans transfer to non-covered status		$ 514,600
Banco Popular de Puerto Rico
Business Acquisition, Contingent Consideration
Loss Sharing Agreement Allocation Percentage	80.00%

Mortgage banking activities (De

Mortgage banking activities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Mortgage servicing rights fair value adjustments			$ (25,853)	$ (13,123)
Total trading account (loss) profit	$ 295	$ (122)	977	(299)
Total mortgage banking activities	10,492	11,269	18,645	33,408
Mortgage banking activities
Mortgage servicing fees	11,797	12,324	35,400	37,205
Mortgage servicing rights fair value adjustments	(4,842)	(4,194)	(25,853)	(13,123)
Total mortgage servicing fees, net of fair value adjustments	6,955	8,130	9,547	24,082
Net gain on sale of loans, including valuation adjustments on loans held-for-sale	5,421	3,014	14,653	6,531
Unrealized (losses) gains on outstanding derivative positions	227	45	0	(131)
Realized (losses) gains on closed derivative positions	(2,111)	80	(5,555)	2,926
Total trading account (loss) profit	(1,884)	125	(5,555)	2,795
Total mortgage banking activities	$ 10,492	$ 11,269	$ 18,645	$ 33,408

Transfers of financial assets_3

Transfers of financial assets and servicing assets - Initial fair value of assets obtained as proceeds from residential mortgage loans securitized (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	$ 122,874	$ 138,659	$ 337,140	$ 399,278
GNMA
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	88,000	110,000	247,000	320,000
FNMA
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	33,000	26,000	84,000	72,000
Trading account debt securities
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	120,658	133,536	331,112	382,622
Trading account debt securities | GNMA
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	88,139	109,911	247,091	319,769
Trading account debt securities | FNMA
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	32,519	23,625	84,021	62,853
Mortgage Servicing Rights
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	2,216	2,625	6,028	7,198
Debt securities available-for-sale
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized		2,498		9,458
Debt securities available-for-sale | FNMA
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized		2,498		9,458
Level 1
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	0	0	0	0
Level 1 | Trading account debt securities
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	0	0	0	0
Level 1 | Trading account debt securities | GNMA
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	0	0	0	0
Level 1 | Trading account debt securities | FNMA
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	0	0	0	0
Level 1 | Mortgage Servicing Rights
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	0	0	0	0
Level 1 | Debt securities available-for-sale
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized		0		0
Level 1 | Debt securities available-for-sale | FNMA
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized		0		0
Level 2
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	120,658	136,034	331,112	392,080
Level 2 | Trading account debt securities
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	120,658	133,536	331,112	382,622
Level 2 | Trading account debt securities | GNMA
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	88,139	109,911	247,091	319,769
Level 2 | Trading account debt securities | FNMA
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	32,519	23,625	84,021	62,853
Level 2 | Mortgage Servicing Rights
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	0	0	0	0
Level 2 | Debt securities available-for-sale
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized		2,498		9,458
Level 2 | Debt securities available-for-sale | FNMA
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized		2,498		9,458
Level 3
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	2,216	2,625	6,028	7,198
Level 3 | Trading account debt securities
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	0	0	0	0
Level 3 | Trading account debt securities | GNMA
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	0	0	0	0
Level 3 | Trading account debt securities | FNMA
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	0	0	0	0
Level 3 | Mortgage Servicing Rights
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	$ 2,216	2,625	$ 6,028	7,198
Level 3 | Debt securities available-for-sale
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized		0		0
Level 3 | Debt securities available-for-sale | FNMA
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized		$ 0		$ 0

Transfers of financial assets_4

Transfers of financial assets and servicing assets - Changes in MSRs measured using the fair value method (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Transfers and Servicing of Financial Assets
Fair value at beginning of period	$ 169,777	$ 168,031
Additions	6,728	7,871
Changes due to payments of loans	(8,449)	(10,194)
Reduction due to loan repurchases	(1,411)	(2,929)
Changes in fair value due to changes in valuation model inputs or assumptions	(15,993)	0
Fair value at end of period	$ 150,652	$ 162,779

Transfers of financial assets_5

Transfers of financial assets and servicing assets - Key economic assumptions used (Details) - Residential Mortgage	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement
Prepayment speed	6.80%	4.40%	6.90%	4.40%
Weighted average life	9 years 7 months 6 days	11 years 4 months 24 days	9 years 7 months 6 days	11 years 4 months 24 days
Discount rate (annual rate)	10.80%	11.00%	10.90%	11.10%

Transfers of financial assets_6

Transfers of financial assets and servicing assets - Fair value of purchased and originated MSRs, valuation assumptions and sensitivity (Details) - Residential Mortgage - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
Originated MSRs
Transfers of financial assets
Fair value of servicing rights	$ 59,798	$ 69,400
Weighted average life	6 years 6 months	7 years 1 month 6 days
Prepayment speed	6.40%	5.10%
Impact on fair value of 10% adverse change	$ (1,536)	$ (1,430)
Impact on fair value of 20% adverse change	$ (3,017)	$ (2,817)
Discount rate	11.40%	11.50%
Impact on fair value of 10% adverse change	$ (2,375)	$ (3,125)
Impact on fair value of 20% adverse change	(4,585)	(6,019)
Purchased MSRs
Transfers of financial assets
Fair value of servicing rights	$ 90,854	$ 100,377
Weighted average life	6 years	6 years 7 months 6 days
Prepayment speed	7.00%	5.50%
Impact on fair value of 10% adverse change	$ (2,562)	$ (2,200)
Impact on fair value of 20% adverse change	$ (5,014)	$ (4,328)
Discount rate	11.00%	11.00%
Impact on fair value of 10% adverse change	$ (3,443)	$ (4,354)
Impact on fair value of 20% adverse change	$ (6,656)	$ (8,394)

Transfers of financial assets_7

Transfers of financial assets and servicing assets - Additional Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]
Weighted average mortgage servicing fees	0.30%	0.30%	0.30%	0.30%
Mortgage loans related to buy-back option program	$ 27,181,241,000		$ 27,181,241,000		$ 26,663,713,000
Transfers Of Financial Assets Accounted For As Sale Initial Fair Value Of Liabilities Incurred	0	$ 0	$ 0	$ 0
Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transfer or Servicing Assets Or Liabilities Description Of Objectives Methodology And Limitations			The sensitivity analyses presented in the table above for servicing rights are hypothetical and should be used with caution. As the figures indicate, changes in fair value based on a 10 and 20 percent variation in assumptions generally cannot be extrapolated because the relationship of the change in assumption to the change in fair value may not be linear. Also, in the sensitivity tables included herein, the effect of a variation in a particular assumption on the fair value of the retained interest is calculated without changing any other assumption. In reality, changes in one factor may result in changes in another (for example, increases in market interest rates may result in lower prepayments and increased credit losses), which might magnify or counteract the sensitivities.
Loans with Recourse
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]
Loans serviced	1,200,000,000		$ 1,200,000,000		1,300,000,000
Buy back option program
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]
Mortgage loans related to buy-back option program	99,000,000		99,000,000		134,000,000
Repurchased Loans			88,000,000	264,000,000
Residential Mortgage
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]
Securitization Financial Asset For Which Transfer Is Accounted As Sale Gain Loss On Sale	4,900,000	2,900,000	13,400,000	6,200,000
Serviced Mortgage Loans
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]
Servicing rights on whole loan sales, principal balance	45,000,000	43,000,000	45,000,000	43,000,000
Securitization Financial Asset For Which Transfer Is Accounted As Sale Gain Loss On Sale			1,300,000	600,000
Loans serviced	15,000,000,000		15,000,000,000		$ 15,700,000,000
Serviced Mortgage Loans | Loans with Recourse
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]
Repurchased Loans	$ 15,000,000	$ 4,000,000	$ 38,000,000	$ 13,000,000

Other Real Estate Owned (Detail

Other Real Estate Owned (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Mar. 31, 2018	Sep. 30, 2019	Sep. 30, 2018
Other Real Estate Owned Rollforward
Balance at beginning of the period	$ 118,851	$ 142,063	$ 188,855	$ 136,705	$ 188,855
Write-downs in value	(1,093)	(3,071)		(5,223)	(11,299)
Additions	17,652	13,523		45,301	26,094
Sales	(17,251)	(18,605)		(58,257)	(69,265)
Other adjustments	(231)	(130)		(598)	(605)
Transfer to non-covered status					0
Ending balance	117,928	133,780		117,928	133,780
Non-covered loans | Mortgages
Other Real Estate Owned Rollforward
Balance at beginning of the period	100,303	116,801	147,849	114,911	147,849
Write-downs in value	(745)	(2,584)		(3,896)	(9,123)
Additions	16,572	11,517		41,042	17,047
Sales	(15,182)	(17,296)		(50,742)	(62,051)
Other adjustments	(231)	(130)		(598)	(747)
Transfer to non-covered status			15,300		15,333
Ending balance	100,717	108,308		100,717	108,308
Non-covered loans | Commercial / Construction
Other Real Estate Owned Rollforward
Balance at beginning of the period	18,548	25,262	21,411	21,794	21,411
Write-downs in value	(348)	(487)		(1,327)	(1,889)
Additions	1,080	2,006		4,259	9,047
Sales	(2,069)	(1,309)		(7,515)	(3,932)
Other adjustments	0	0		0	835
Transfer to non-covered status					0
Ending balance	$ 17,211	25,472		$ 17,211	25,472
Covered loans | Mortgages
Other Real Estate Owned Rollforward
Balance at beginning of the period			$ 19,595		19,595
Write-downs in value					(287)
Additions					0
Sales					(3,282)
Other adjustments					(693)
Transfer to non-covered status					(15,333)
Ending balance		$ 0			$ 0

Other assets (Details)

Other assets (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Deferred Costs Capitalized Prepaid And Other Assets Disclosure Abstract
Net deferred tax assets (net of valuation allowance)	$ 909,638	$ 1,049,895
Investments under the equity method	236,551	228,072
Prepaid taxes	38,622	33,842
Other prepaid expenses	91,115	82,742
Derivative assets	15,234	13,603
Trades receivables from brokers and counterparties	67,050	40,088
Principal, interest and escrow servicing advances	84,060	88,371
Guaranteed mortgage loan claims receivable	95,424	59,613
Operating ROU assets	137,076	0
Finance ROU assets	12,663	0
Others	123,757	117,908
Total other assets	$ 1,811,190	$ 1,714,134

Note Goodwill and other intangi

Note Goodwill and other intangible assets - Carrying amount of goodwill by reportable segments (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2018USD ($)
Goodwill
Beginning Balance	$ 627,294
Goodwill on acquisition	60,242
Purchase accounting adjustments	0
Goodwill impairment charge	0
Ending Balance	687,536
Banco Popular de Puerto Rico
Goodwill
Beginning Balance	276,420
Goodwill on acquisition	60,242
Purchase accounting adjustments	0
Goodwill impairment charge	0
Ending Balance	336,662
Popular U.S.
Goodwill
Beginning Balance	350,874
Goodwill on acquisition	0
Purchase accounting adjustments	0
Goodwill impairment charge	0
Ending Balance	$ 350,874

Goodwill and other intangible_3

Goodwill and other intangible assets - Components of other intangible assets subject to amortization (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Finite-Lived Intangible Assets
Gross Amount	$ 74,356	$ 72,627
Finite Lived Intangible Assets Accumulated Amortization	59,040	51,958
Finite-Lived Intangible Assets, Net	15,316	20,669
Core deposits
Finite-Lived Intangible Assets
Core deposits - Gross	37,224	37,224
Finite Lived Intangible Assets Accumulated Amortization	28,861	26,070
Finite-Lived Intangible Assets, Net	8,363	11,154
Other customer relationship
Finite-Lived Intangible Assets
Customer relationships - Gross	36,644	34,915
Finite Lived Intangible Assets Accumulated Amortization	30,065	25,847
Finite-Lived Intangible Assets, Net	6,579	9,068
Trademarks
Finite-Lived Intangible Assets
Gross Amount	488	488
Finite Lived Intangible Assets Accumulated Amortization	114	41
Finite-Lived Intangible Assets, Net	$ 374	$ 447

Goodwill and other intangible_4

Goodwill and other intangible assets - Estimated amortization of the intangible assets with definite useful lives (Details) $ in Thousands	Sep. 30, 2019USD ($)
Goodwill and Intangible Assets Disclosure
Remaining 2019	$ 2,288
Year 2020	5,410
Year 2021	2,600
Year 2022	1,724
Year 2023	1,684
Later years	$ 1,610

Goodwill and other intangible_5

Goodwill and other intangible assets - Gross amount of goodwill and accumulated impairment losses (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Dec. 31, 2017
Goodwill
Goodwill Gross	$ 839,334	$ 839,334		$ 795,506
Goodwill Impaired Accumulated Impairment Loss	168,212	168,212		168,212
Goodwill (net amounts)	671,122	671,122	$ 687,536	627,294
Banco Popular de Puerto Rico
Goodwill
Goodwill Gross	324,049	324,049		280,221
Goodwill Impaired Accumulated Impairment Loss	3,801	3,801		3,801
Goodwill (net amounts)	320,248	320,248	336,662	276,420
Popular U.S.
Goodwill
Goodwill Gross	515,285	515,285		515,285
Goodwill Impaired Accumulated Impairment Loss	164,411	164,411		164,411
Goodwill (net amounts)	$ 350,874	$ 350,874	$ 350,874	$ 350,874

Goodwill and other intangible_6

Goodwill and other intangible assets - Additional Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Jul. 31, 2019
Goodwill and other intangible assets
Amortization Of Intangible Assets	$ 2,399,000	$ 2,324,000	$ 7,082,000	$ 6,973,000
Goodwill on acquisition				60,242,000
Changes in the carrying amount of goodwill	$ 0		$ 0
Minimum
Goodwill and other intangible assets
Cost of equity discount rate	11.14%		11.14%
Maximum
Goodwill and other intangible assets
Cost of equity discount rate	12.58%		12.58%
Banco Popular de Puerto Rico
Goodwill and other intangible assets
Step 1 Carrying Amount in Excess of Fair Value					$ 1,200,000
Step 1 Percentage of Carrying Amount in Excess of Fair Value					37.00%
Goodwill on acquisition				60,242,000
Banco Popular de Puerto Rico | Reliable Financial Services
Goodwill and other intangible assets
Goodwill on acquisition		$ 60,200,000
Popular U.S.
Goodwill and other intangible assets
Step 1 Carrying Amount in Excess of Fair Value					$ 338,000,000
Step 1 Percentage of Carrying Amount in Excess of Fair Value					21.00%
Goodwill on acquisition				$ 0
Banco Popular de Puerto Rico and Popular Bank
Goodwill and other intangible assets
Percentage Of Goodwill					91.00%

Deposits - Total interest beari

Deposits - Total interest bearing deposits (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Deposits [Abstract]
Savings accounts	$ 10,602,678	$ 9,722,824
NOW, money market and other interest bearing demand deposits	16,995,390	13,221,415
Total savings, NOW, money market and other interest bearing demand deposits	27,598,068	22,944,239
Certificates of deposit:
Under $100,000	3,259,238	3,260,330
$100,000 and over	4,536,919	4,356,434
Total certificates of deposit	7,796,157	7,616,764
Total interest bearing deposits	$ 35,394,225	$ 30,561,003

Deposits - Summary of certifica

Deposits - Summary of certificates of deposit by maturity (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Deposits [Abstract]
2019	$ 2,444,749
2020	2,429,159
2021	1,094,553
2022	734,807
2023	514,984
2024 and thereafter	577,905
Total certificates of deposit	$ 7,796,157	$ 7,616,764

Deposits - Additional Informati

Deposits - Additional Information (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Deposits [Abstract]
Brokered deposits	$ 600	$ 500
Overdrafts in demand deposit accounts reclassified to loans	$ 5	$ 5

Borrowings - Repurchase agreeme

Borrowings - Repurchase agreements accounted for as secured borrowings (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Assets Sold under Agreements to Repurchase
Repurchase liability	$ 213,097	$ 281,529
Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	213,097	281,529
US Treasury Securities | Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	181,604	237,621
US Treasury Securities | Within 30 days | Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	9,400	138,689
US Treasury Securities | After 30 to 90 days | Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	29,386	79,374
US Treasury Securities | After 90 days | Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	142,818	19,558
Obligations of U.S. Government sponsored entities | Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	0	6,055
Obligations of U.S. Government sponsored entities | After 30 to 90 days | Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	0	6,055
Mortgage Backed Securities | Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	30,184	27,324
Mortgage Backed Securities | Within 30 days | Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	30,184	6,859
Mortgage Backed Securities | After 90 days | Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	0	20,465
CMO | Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	1,309	10,529
CMO | Within 30 days | Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	$ 1,309	$ 10,529

Borrowings - Notes payable (Det

Borrowings - Notes payable (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Debt Instrument
Capital lease obligations	$ 0	$ 20,412
Notes payable	1,166,670	1,256,102
Advances with FHLB with maturities ranging from 2019 Through 2029
Debt Instrument
Advances with the FHLB	472,355	524,052
Advances with the FHLB paying interest monthly at a floating rate
Debt Instrument
Advances with the FHLB	0	13,000
Floating rate over the 3 month LIBOR with maturities on 2019
Debt Instrument
Advances with the FHLB	14,430	19,724
Fixed Rate with maturities on 2023 paying interest semiannually | Unsecured senior debt
Debt Instrument
Long Term Debt	294,990	294,039
Fixed Rate with maturities ranging from 2033 to 2034 | Junior subordinated debt
Debt Instrument
Long Term Debt	$ 384,895	$ 384,875

Borrowings - Notes payable -Par

Borrowings - Notes payable -Parenthetical (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
Advances with FHLB with maturities ranging from 2019 Through 2029
Debt Instrument
Advances with the FHLB, earliest maturity	2019
Advances with the FHLB, latest maturity	2029
Debt Instrument Frequency Of Periodic Payment	monthly
Advances with FHLB with maturities ranging from 2019 Through 2029 | Minimum
Debt Instrument
Advances with the FHLB, interest rate	1.04%
Advances with FHLB with maturities ranging from 2019 Through 2029 | Maximum
Debt Instrument
Advances with the FHLB, interest rate	4.19%
Advances with the FHLB paying interest monthly at a floating rate
Debt Instrument
Debt Instrument Frequency Of Periodic Payment	monthly
Floating rate over the 3 month LIBOR with maturities on 2019
Debt Instrument
Advances with the FHLB, maturity	2019
Debt Instrument Frequency Of Periodic Payment	quarterly
Floating rate over the 3 month LIBOR with maturities on 2019 | LIBOR
Debt Instrument
Variable rate basis	3 month LIBOR
Variable rate	0.24%
Fixed Rate with maturities on 2023 paying interest semiannually | Unsecured senior debt
Debt Instrument
Advances with the FHLB, maturity	2023
Fixed interest rate percentage	6.125%
Debt issuance costs	$ 5,010
Debt Instrument Frequency Of Periodic Payment	semiannually
Fixed Rate with maturities ranging from 2033 to 2034 | Junior subordinated debt
Debt Instrument
Notes Payable Maturity Year Range Start	2033
Notes Payable Maturity Year Range End	2034
Debt issuance costs	$ 402
Fixed Rate with maturities ranging from 2033 to 2034 | Minimum | Junior subordinated debt
Debt Instrument
Fixed interest rate percentage	6.125%
Fixed Rate with maturities ranging from 2033 to 2034 | Maximum | Junior subordinated debt
Debt Instrument
Fixed interest rate percentage	6.70%

Borrowings - Borrowings by cont

Borrowings - Borrowings by contractual maturities (Details) $ in Thousands	Sep. 30, 2019USD ($)
Debt Disclosure
2019	$ 135,588
2020	282,814
2021	50,040
2022	103,148
2023	318,251
Later years	489,926
Total borrowings	1,379,767
Assets Sold Under Agreements To Repurchase
Debt Disclosure
2019	70,279
2020	142,818
2021	0
2022	0
2023	0
Later years	0
Total borrowings	213,097
Notes Payable
Debt Disclosure
2019	65,309
2020	139,996
2021	50,040
2022	103,148
2023	318,251
Later years	489,926
Total borrowings	$ 1,166,670

Borrowings - Additional Informa

Borrowings - Additional Information (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Debt Disclosure
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Maximum Amount Available	$ 3,700,000,000	$ 3,400,000,000
Federal Home Loan Bank Advances And Letters Of Credit Amount Used	500,000,000	600,000,000
Assets sold under agreements to repurchase	213,097,000	281,529,000
Other short-term borrowings	0	42,000
Federal Reserve Bank Advances
Debt Disclosure
Line Of Credit Facility Current Borrowing Capacity	1,100,000,000	1,200,000,000
Federal Home Loan Bank
Debt Disclosure
Line Of Credit Facility Capacity Available For Specific Purpose Other Than For Trade Purchases	$ 800,000,000	$ 900,000,000

Other Liabilities (Details)

Other Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Other Liabilities Disclosure Abstract
Accrued expenses	$ 249,979	$ 276,120
Accrued interest payable	37,411	44,638
Accounts payable	71,366	66,381
Dividends payable	29,016	25,092
Trades payable	26,782	64
Liability for GNMA loans sold with an option to repurchase	98,758	134,260
Reserves for loan indemnifications	49,204	67,066
Reserve for operational losses	41,501	40,921
Operating lease liabilities	152,421	0
Finance lease liabilities	19,606	0
Pension benefit obligation	45,239	68,736
Postretirement benefit obligation	154,304	153,415
Others	50,418	45,115
Total other liabilities	$ 1,026,005	$ 921,808

Stockholders' equity - Addition

Stockholders' equity - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended						9 Months Ended
	Feb. 28, 2019	Sep. 30, 2019		Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018		Sep. 30, 2019		Sep. 30, 2018		Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2017
Stockholders Equity Note
Stockholders equity		$ 5,908,448			$ 5,435,057	$ 5,244,349		$ 5,908,448		$ 5,244,349		$ 5,719,834	$ 5,289,661	$ 5,103,905
Dividends, Common Stock, Cash		$ 29,017	[1]			$ 25,084	[1]	$ 86,996	[2]	$ 76,200	[2]
Dividends Declared per Common Share		$ 0.30				$ 0.25		$ 0.90		$ 0.75
Dividend payable, to be paid date								Oct. 1, 2019
Dividends payable, record date								Aug. 30, 2019
Common stock purchases		$ 1,367				$ 125,099		$ 256,006	[3]	$ 127,443
Accelerated share repurchases settlement receipt				$ 250,000
Initial shares received as part of an accelerated share repurchase program				3,500,000
Treasury Stock
Stockholders Equity Note
Stockholders equity		(392,630)			(205,509)	(183,872)		(392,630)		(183,872)		(392,208)	(82,754)	(90,142)
Common stock purchases		1,367				102,079		203,336	[3]	104,423
Surplus
Stockholders Equity Note
Stockholders equity		$ 4,317,556			$ 4,365,606	4,281,515		4,317,556		4,281,515		$ 4,316,225	$ 4,302,946	$ 4,298,503
Common stock purchases						23,020		52,670	[3]	23,020	[3]
Accelerate Share Repurchase
Stockholders Equity Note
Accelerated share repurchases price paid per share					$ 51.27
Common stock purchases	$ 250,000							$ 250,000
Accelerated share repurchases settlement receipt						$ 125,000				$ 125,000
Initial shares received as part of an accelerated share repurchase program						2,000,000
Common Shares Repurchased Accelerated Share Repurchase Agreements					438,180
Accelerate Share Repurchase | Treasury Stock
Stockholders Equity Note
Common stock purchases				$ 200,000		$ 102,000
Accelerate Share Repurchase | Surplus
Stockholders Equity Note
Common stock purchases				$ 50,000		$ 23,000
[1]	Dividends declared per common share during the quarter ended September 30, 2019 - $ 0.30 (2018 - $ 0.25).
[2]	Dividends declared per common share during the nine months ended September 30, 2019 - $ 0.90 (2018 - $ 0.75).
[3]	On February 28, 2019, the Corporation entered into a $ 250 million accelerated share repurchase transaction with respect to its common stock, which was accounted for as a treasury stock transaction. Refer to Note 19 for additional information.

Other comprehensive income (l_3

Other comprehensive income (loss) - Disclosure of accumulated other comprehensive income (loss) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Foreign Currency Translation
Beginning Balance	$ (52,378)	$ (46,397)	$ (49,936)	$ (43,034)
Other comprehensive income (loss) before reclassifications	155	(605)	(2,287)	(3,968)
Net change	155	(605)	(2,287)	(3,968)
Ending Balance	(52,223)	(47,002)	(52,223)	(47,002)
Adjustment of pension and postretirement benefit plans
Beginning Balance	(196,491)	(199,895)	(203,836)	(205,408)
Amounts reclassified from accumulated other comprehensive income (loss) for amortization of net losses	3,673	3,285	11,018	9,856
Amounts reclassified from accumulated other comprehensive income (loss) for amortization of prior service credit	0	529	0	1,587
Net change	3,673	2,756	11,018	8,269
Ending Balance	(192,818)	(197,139)	(192,818)	(197,139)
Unrealized net holding gains (losses) on debt securities
Beginning Balance	58,044	(250,422)	(173,811)	(102,775)
Other comprehensive (loss) income before reclassifications	50,970	(39,845)	282,825	(187,492)
Amounts reclassified from accumulated other comprehensive (loss) income for gains on securities	(16)	0	(16)	0
Net change	50,986	(39,845)	282,841	(187,492)
Ending Balance	109,030	(290,267)	109,030	(290,267)
Unrealized holding gains on equity securities
Beginning Balance	0	0	0	605
Reclassification to retained earnings due to cumulative effect of accounting change	0	0	0	(605)
Net change	0	0	0	(605)
Ending Balance	0	0	0	0
Unrealized net (losses) gain on cash flow hedges
Beginning Balance	(388)	(78)	(391)	(40)
Reclassification to retained earnings due to cumulative effect of accounting change	0	0	(50)	0
Other comprehensive income (loss) before reclassification	(3,201)	208	(4,349)	790
Amounts reclassified from other accumulated other comprehensive income (loss)	720	89	1,921	(531)
Net change	(2,481)	297	(2,478)	259
Ending Balance	(2,869)	219	(2,869)	219
Accumulated other comprehensive (loss) income	$ (138,880)	$ (534,189)	$ (138,880)	$ (534,189)	$ (427,974)

Other comprehensive income (l_4

Other comprehensive income (loss) - Reclassification out of accumulated other comprehensive income (loss) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Reclassification out of accumulated other comprehensive loss
Personnel costs	$ (147,682)	$ (139,757)	$ (432,298)	$ (389,941)
Income tax (benefit) expense	(41,370)	(42,018)	(131,923)	(35,613)
Net income	165,319	140,648	504,350	511,755
Reclassification out of accumulated other comprehensive income
Reclassification out of accumulated other comprehensive loss
Net income	(4,409)	(2,845)	(12,955)	(7,738)
Reclassification out of accumulated other comprehensive income | Adjustment of pension and postretirement benefit plan
Reclassification out of accumulated other comprehensive loss
Income (loss) before tax	(5,877)	(4,518)	(17,629)	(13,554)
Income tax (benefit) expense	(2,204)	(1,762)	(6,611)	(5,285)
Net income	(3,673)	(2,756)	(11,018)	(8,269)
Reclassification out of accumulated other comprehensive income | Adjustment of pension and postretirement benefit plan | Amortization of net losses | Personnel costs
Reclassification out of accumulated other comprehensive loss
Income (loss) before tax	(5,877)	(5,386)	(17,629)	(16,157)
Reclassification out of accumulated other comprehensive income | Adjustment of pension and postretirement benefit plan | Amortization of prior service credit | Personnel costs
Reclassification out of accumulated other comprehensive loss
Income (loss) before tax	0	868	0	2,603
Reclassification out of accumulated other comprehensive income | Unrealized holding gains (losses) on debt securities
Reclassification out of accumulated other comprehensive loss
Income (loss) before tax	(20)	0	(20)	0
Income tax (benefit) expense	(4)	0	(4)	0
Net income	(16)	0	(16)	0
Reclassification out of accumulated other comprehensive income | Unrealized holding gains (losses) on debt securities | Realized gain (loss) on sale of securities
Reclassification out of accumulated other comprehensive loss
Net (loss) gain and valuation adjustments on debt securities	(20)	0	(20)	0
Reclassification out of accumulated other comprehensive income | Unrealized net (losses) gains on cash flow hedges
Reclassification out of accumulated other comprehensive loss
Income (loss) before tax	(1,221)	(147)	(3,142)	870
Income tax (benefit) expense	(501)	(58)	(1,221)	339
Net income	(720)	(89)	(1,921)	531
Reclassification out of accumulated other comprehensive income | Unrealized net (losses) gains on cash flow hedges | Forward contracts | Mortgage banking activities
Reclassification out of accumulated other comprehensive loss
Income (loss) before tax	(1,337)	(147)	(3,258)	870
Reclassification out of accumulated other comprehensive income | Unrealized net (losses) gains on cash flow hedges | Interest Rate Swap [Member]
Reclassification out of accumulated other comprehensive loss
Other Operating Income	$ 116	$ 0	$ 116	$ 0

Guarantees - Changes from credi

Guarantees - Changes from credit recourses agreements (Details) - Financial Guarantee - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Guarantor Obligations [Line Items]
Balance as of beginning of period	$ 48,100	$ 57,425	$ 56,230	$ 58,820
Provision for recourse liability	2,755	3,000	3,711	5,991
Net charge-offs	(5,394)	(2,678)	(14,480)	(7,064)
Balance as of end of period	$ 45,461	$ 57,747	$ 45,461	$ 57,747

Guarantees - Changes from custo

Guarantees - Changes from customary respresentations and warranties related to loans sold by BPPR (Details) - Indemnification Guarantee - Banco Popular de Puerto Rico - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Guarantor Obligations [Line Items]
Balance as of beginning of period	$ 3,825	$ 11,153	$ 10,837	$ 11,742
Provision (reversal) for representations and warranties	(81)	(104)	(4,488)	194
Net charge-offs	0	(39)	(75)	(926)
Settlements paid	0	0	(2,530)	0
Balance as of end of period	$ 3,744	$ 11,010	$ 3,744	$ 11,010

Guarantees - Credit recourse -

Guarantees - Credit recourse - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018	Jun. 30, 2018	Dec. 31, 2017
Guarantor Obligations
Adjustments To Indemnity Reserves On Loans Sold	$ (3,411)		$ (3,029)	$ (1,664)	$ (6,482)
Guarantee on loans sold or serviced with credit recourse
Guarantor Obligations
Valuation Allowances And Reserves Balance	45,461	$ 48,100	57,747	45,461	57,747	$ 56,230	$ 57,425	$ 58,820
Guarantee on loans sold or serviced with credit recourse | Guarantee on loans sold or serviced with representation and warranties
Guarantor Obligations
Adjustments To Indemnity Reserves On Loans Sold		$ 4,400
Serviced Mortgage Loans
Guarantor Obligations
Loans serviced	15,000,000			15,000,000		15,700,000
Loans with Recourse
Guarantor Obligations
Loans serviced	1,200,000			1,200,000		$ 1,300,000
Loans with Recourse | Serviced Mortgage Loans
Guarantor Obligations
Repurchased Loans	$ 15,000		$ 4,000	$ 38,000	$ 13,000

Guarantees - Indemnification, R

Guarantees - Indemnification, Representations and Warranties related to loans sold - Additional Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Securitization | Guarantee on loans sold or serviced with representation and warranties
Guarantor Obligations
Repurchased Loans	$ 0	$ 2,000,000	$ 0	$ 12,000,000

Guarantees - Other Guarantees -

Guarantees - Other Guarantees - Additional Information (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Guarantor Obligations
Funds Advanced To Investors Under Servicing Agreements	$ 84,060	$ 88,371
Popular, Inc. Holding Co.
Guarantor Obligations
Wholly-owned subsidiary percentage	100.00%
Popular, Inc. Holding Co. | Debt Securities Payable
Guarantor Obligations
Guarantees, unamortized balance of the obligations	$ 94,000	94,000
Financial Standby Letter Of Credit
Guarantor Obligations
Guarantees, unamortized balance of the obligations	200	300
Guarantee Type, Other | Popular, Inc. Holding Co. | Capital securities (trust preferred securities)
Guarantor Obligations
Guarantees, unamortized balance of the obligations	$ 374,000	$ 374,000

Commitments and Contingencies -

Commitments and Contingencies - Financial instruments with off-Balance Sheet credit risk (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Commitments To Extend Credit | Credit card
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unused Commitments To Extend Credit	$ 4,575,290	$ 4,468,481
Commitments To Extend Credit | Commercial and construction lines of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unused Commitments To Extend Credit	2,854,512	2,751,390
Commitments To Extend Credit | Other consumer unused credit commitments
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unused Commitments To Extend Credit	260,098	254,491
Commercial Letters of Credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unused Commitments To Extend Credit	4,798	2,695
Standby Letters of Credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unused Commitments To Extend Credit	79,400	26,479
Commitments to originate or fund mortgage loans
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unused Commitments To Extend Credit	$ 45,814	$ 22,629

Commitments and Contingencies_2

Commitments and Contingencies - Schedule of Direct Exposure to Puerto Rico Government by Maturity (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	$ 432,000	$ 458,000
PR Government direct exposure
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	431,725
Total concentration of risk	431,725
PR Government direct exposure | From PR Central Government
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	591
Total concentration of risk	591
PR Government direct exposure | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	431,134
Total concentration of risk	431,134
Loans | PR Government direct exposure
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	390,959	413,000
Loans | PR Government direct exposure | From PR Central Government
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	0
Loans | PR Government direct exposure | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	390,959
Securities Investment | PR Government direct exposure
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	40,766	$ 45,000
Securities Investment | PR Government direct exposure | From PR Central Government
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	591
Securities Investment | PR Government direct exposure | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	40,175
Within 1 year | PR Government direct exposure | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	81,853
Total concentration of risk	81,853
Within 1 year | Loans | PR Government direct exposure | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	78,108
Within 1 year | Securities Investment | PR Government direct exposure | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	3,745
After 1 and within 5 years | PR Government direct exposure | From PR Central Government
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	7
Total concentration of risk	7
After 1 and within 5 years | PR Government direct exposure | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	156,863
Total concentration of risk	156,863
After 1 and within 5 years | Loans | PR Government direct exposure | From PR Central Government
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	0
After 1 and within 5 years | Loans | PR Government direct exposure | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	139,283
After 1 and within 5 years | Securities Investment | PR Government direct exposure | From PR Central Government
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	7
After 1 and within 5 years | Securities Investment | PR Government direct exposure | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	17,580
After 5 to 10 years | PR Government direct exposure | From PR Central Government
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	35
Total concentration of risk	35
After 5 to 10 years | PR Government direct exposure | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	101,162
Total concentration of risk	101,162
After 5 to 10 years | Loans | PR Government direct exposure | From PR Central Government
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	0
After 5 to 10 years | Loans | PR Government direct exposure | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	82,967
After 5 to 10 years | Securities Investment | PR Government direct exposure | From PR Central Government
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	35
After 5 to 10 years | Securities Investment | PR Government direct exposure | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	18,195
After 10 years | PR Government direct exposure | From PR Central Government
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	549
Total concentration of risk	549
After 10 years | PR Government direct exposure | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	91,256
Total concentration of risk	91,256
After 10 years | Loans | PR Government direct exposure | From PR Central Government
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	0
After 10 years | Loans | PR Government direct exposure | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	90,601
After 10 years | Securities Investment | PR Government direct exposure | From PR Central Government
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	549
After 10 years | Securities Investment | PR Government direct exposure | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	$ 655

Commitments and contingencies_3

Commitments and contingencies - Commitments - Additional Information (Details) - USD ($) $ in Thousands	Jul. 01, 2019	Sep. 30, 2019	Dec. 31, 2018
Commitments and Contingencies Disclosure
Outstanding concentration of risk		$ 432,000	$ 458,000
Exposure Municipal Loans And Securities		75.00%
Commitments To Extend Credit
Commitments and Contingencies Disclosure
Reserve of potential losses associated with unfunded loan commitments		$ 8,000	8,000
PR Government direct exposure
Commitments and Contingencies Disclosure
Outstanding concentration of risk		431,725
Total concentration of risk		431,725
Principal payments received	$ 22,000
PR Government direct exposure | Loans
Commitments and Contingencies Disclosure
Outstanding concentration of risk		390,959	413,000
PR Government direct exposure | Securities Investment
Commitments and Contingencies Disclosure
Outstanding concentration of risk		40,766	45,000
PR Government Indirect Exposure
Commitments and Contingencies Disclosure
Outstanding concentration of risk		355,000	368,000
Loans and Leases Receivable, Consumer, Mortgage with PRHA		281,000	293,000
PR Government Indirect Exposure | PR Housing Bonds backed by second mortgage loans
Commitments and Contingencies Disclosure
Outstanding concentration of risk		46,000	45,000
PR Government Indirect Exposure | Commercial real estate
Commitments and Contingencies Disclosure
Outstanding concentration of risk		21,000	23,000
PR Government Indirect Exposure | Pass Through securities that have been economically defeased and refunded
Commitments and Contingencies Disclosure
Outstanding concentration of risk		7,000	$ 7,000
USVI Government Direct Exposure | From USVI Government And Public Corporations
Commitments and Contingencies Disclosure
Total concentration of risk		$ 72,000

Commitments and contingencies_4

Commitments and contingencies - Legal Proceedings - Additional Information (Details) $ in Millions	1 Months Ended	9 Months Ended
	Jul. 30, 2019PlaintiffDefendant	Sep. 30, 2019USD ($)claimsunits
Hazard Insurance Commision Related Litigation
Legal Matters And Contingencies
Loss Contingency Damages Sought Value		$ 400
Lilliam Gonzalez Camacho v BPPR
Legal Matters And Contingencies
Loss Contingency Damages Sought Value		$ 400
Banco Popular de Puerto Rico
Legal Matters And Contingencies
Loss Contingency Pending Claims Number | claims		8
Mortgage Related Investigation		related to approximately 23,000 residential mortgage loans
Banco Popular de Puerto Rico | Lilliam Gonzalez Camacho v BPPR
Legal Matters And Contingencies
Loss Contingency Number Of Defendants | units		20
Banco Popular de Puerto Rico | Betteroads Asphalt and Betterecycling Corporation
Legal Matters And Contingencies
Loss Contingency Damages Sought Value		$ 900
Banco Popular de Puerto Rico | Hector Robles Rodriguez v Municipio de Ceiba
Legal Matters And Contingencies
Loss Contingency Damages Sought Value		$ 30
PB | Aileen Betances, et al. v. Popular Bank, et al
Legal Matters And Contingencies
Number of plaintiffs | Plaintiff	5
Loss Contingency Number Of Defendants | Defendant	5
PB | Damian Reyes, et al. v. Popular Bank, et al
Legal Matters And Contingencies
Number of plaintiffs | Plaintiff	3
Loss Contingency Number Of Defendants | Defendant	6
Aggregate Arbitrations with Claimed Damages | Popular Securities
Legal Matters And Contingencies
Loss Contingency Pending Claims Number | claims		193
Loss Contingency Damages Sought Value		$ 245
One arbitration with Claimed damages | Popular Securities
Legal Matters And Contingencies
Loss Contingency Pending Claims Number | claims		1
Loss Contingency Damages Sought Value		$ 30
Minimum
Legal Matters And Contingencies
Loss Contingency Range Of Possible Loss Portion Not Accrued		0
Minimum | PB | PB Employment Related Litigation
Legal Matters And Contingencies
Loss Contingency Damages Sought Value		100
Maximum
Legal Matters And Contingencies
Loss Contingency Range Of Possible Loss Portion Not Accrued		$ 27.2

Non-consolidated VIEs - Corpora

Non-consolidated VIEs - Corporation's VI in non-consolidated VIEs and max exposure to loss (Details) - FNMA, GNMA, FHLMC VIE - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net
Assets	$ 144,987	$ 174,268
Maximum exposure to loss	144,987	174,268
Servicing assets
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net
Assets	113,148	136,280
Mortgage servicing rights
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net
Assets	113,148	136,280
Other assets
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net
Assets	31,839	37,988
Servicing advances
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net
Assets	$ 31,839	$ 37,988

Non-consolidated VIEs - Corpo_2

Non-consolidated VIEs - Corporation's VI in non-consolidated VIEs, PR Asset Portfolio 2013-1 and PRLP 2011 (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
PR Asset Portfolio 2013-1 International, LLC
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net
Assets	$ 3,409	$ 5,794
Liabilities	(9,582)	(7,994)
Total net assets	(6,173)	(2,200)
Maximum exposure to loss	0	0
PRLP 2011 Holding, LLC
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net
Assets	6,393	6,469
Liabilities	(909)	(2,566)
Total net assets	5,484	3,903
Maximum exposure to loss	5,484	3,903
Equity Method Investments | PR Asset Portfolio 2013-1 International, LLC
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net
Assets	3,409	5,794
Equity Method Investments | PRLP 2011 Holding, LLC
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net
Assets	6,393	6,469
Deposits | PR Asset Portfolio 2013-1 International, LLC
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net
Liabilities	(9,582)	(7,994)
Deposits | PRLP 2011 Holding, LLC
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net
Liabilities	$ (909)	$ (2,566)

Non-consolidated variable int_3

Non-consolidated variable interest entities - Additional Information (Details) $ in Millions	9 Months Ended
	Sep. 30, 2019USD ($)NumberOfVIE	Dec. 31, 2018USD ($)	Mar. 31, 2013USD ($)	Sep. 30, 2011USD ($)
Variable Interest Entity
Number of VIEs | NumberOfVIE	3
PRLP 2011 Holding, LLC
Variable Interest Entity
Equity Method Investment Ownership Percentage	24.90%			24.90%
Cash Received From Investee				$ 48
PR Asset Portfolio 2013-1 International, LLC
Variable Interest Entity
Equity Method Investment Ownership Percentage	24.90%		24.90%
Cash Received From Investee			$ 92
FNMA, GNMA, FHLMC VIE
Variable Interest Entity
Principal Amount Outstanding on Loans Securitized or Asset-backed Financing Arrangement	$ 10,000	$ 10,600

Related party transactions - Co

Related party transactions - Corporation's equity in Evertec (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Related Party Transaction [Line Items]
Investment in equity investees	$ 236,551	$ 228,072
EVERTEC Inc.
Related Party Transaction [Line Items]
Investment in equity investees	$ 69,380	$ 60,591

Related party transactions - Fi

Related party transactions - Financial Condition accounts outstanding with EVERTEC (Details) - EVERTEC Inc. - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Related Party Transaction [Line Items]
Accounts receivables (Other assets)	$ 2,561	$ 6,829
Deposits	(47,108)	(28,606)
Accounts payable (Other liabilities)	(1,512)	(3,671)
Total	$ (46,059)	$ (25,448)

Related party transactions - Pr

Related party transactions - Proportionate share of income (loss) and changes in stockholder's equity from EVERTEC (Details) - EVERTEC Inc. - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Related Party Transaction [Line Items]
Share of income from investment	$ 4,010	$ 3,682	$ 12,709	$ 10,586
Share of other changes in stockholders equity	621	(34)	703	601
Share of changes in equity recognized in income	$ 4,631	$ 3,648	$ 13,412	$ 11,187

Related party transactions - Im

Related party transactions - Impact on the results of operations of transactions between the Corporation and EVERTEC (Details) - EVERTEC Inc. - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Related Party Transaction [Line Items]
Related Party Transaction, Amounts of Transaction	$ (47,716)	$ (37,835)	$ (135,207)	$ (111,368)
Deposits
Related Party Transaction [Line Items]
Interest Expense Related Party	(27)	(21)	(59)	(46)
Other service fees
Related Party Transaction [Line Items]
Related Party Transaction Revenues From Transactions With Related Party	6,221	8,486	22,897	24,940
Net occupancy
Related Party Transaction [Line Items]
Related Party Transaction Revenues From Transactions With Related Party	1,744	1,781	5,337	5,297
Professional fees
Related Party Transaction [Line Items]
Expenses from Transactions with related party	(55,901)	(48,360)	(164,255)	(142,443)
Other operating expenses
Related Party Transaction [Line Items]
Related Party Transaction Revenues From Transactions With Related Party	$ 247	$ 279	$ 873	$ 884

Related party transactions - _2

Related party transactions - Corporation's equity in PRLP 2011 Holdings, LLC and PR Asset Portfolio 2013-1 International, LLC (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Related Party Transaction [Line Items]
Equity Method Investments	$ 236,551	$ 228,072
PRLP 2011 Holding, LLC
Related Party Transaction [Line Items]
Equity Method Investments	6,393	6,469
PR Asset Portfolio 2013-1 International, LLC
Related Party Transaction [Line Items]
Equity Method Investments	$ 3,409	$ 5,794

Related party transactions - De

Related party transactions - Deposits with PRLP 2011 Holdings, LLC and PR Asset Portfolio 2013-1 International, LLC (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
PRLP 2011 Holding, LLC
Related Party Transaction [Line Items]
Deposits	$ (909)	$ (2,566)
PR Asset Portfolio 2013-1 International, LLC
Related Party Transaction [Line Items]
Deposits	$ (9,582)	$ (7,994)

Related party transactions - _3

Related party transactions - Proportionate share of income (loss) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
PRLP 2011 Holding, LLC
Related Party Transaction [Line Items]
Share of (loss) income from equity method investments	$ (65)	$ 55	$ (76)	$ (257)
PR Asset Portfolio 2013-1 International, LLC
Related Party Transaction [Line Items]
Share of (loss) income from equity method investments	$ (236)	$ 112	$ 306	$ (5,297)

Related party transactions - Re

Related party transactions - Related party transactions with affiliated company - Additional Information) (Details) - USD ($)	3 Months Ended	9 Months Ended
	Mar. 31, 2019	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Related Party With Investment Companies
Related Party Transaction
Line of credit facility maximum borrowing capacity		$ 330,000,000		$ 330,000,000
Administrative Fees		4,800,000	$ 5,100,000
Waived Fees		1,600,000	1,600,000
Net fees		$ 3,200,000	$ 3,500,000
Credit Facilities Terms		The aggregate sum of all outstanding balances under all credit facilities that may be made available by BPPR, from time to time, to those investment companies for which BPPR acts as investment advisor or co-investment advisor, shall never exceed the lesser of $200 million or 10% of BPPR’s capital.
Line of credit facility average amount oustanding		$ 0
Reliable Financial Services
Related Party Transaction
Sublease Expense	$ 400,000

Related party transactions - _4

Related party transactions - Related party transactions with affiliated company - Equity Method - Additional Information (Details) - USD ($)	3 Months Ended			9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Jun. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018	Dec. 31, 2017	Jun. 30, 2017	Mar. 31, 2013	Sep. 30, 2011
Related Party Transaction
Investment in equity investees	$ 236,551,000			$ 236,551,000		$ 228,072,000
PRLP 2011 Holding, LLC
Related Party Transaction
Equity Method Investment Ownership Percentage	24.90%			24.90%						24.90%
Equity Method Investment Distributions				$ 0	$ 0
PR Asset Portfolio 2013-1 International, LLC
Related Party Transaction
Equity Method Investment Ownership Percentage	24.90%			24.90%					24.90%
Equity Method Investment Distributions				$ 2,700,000	2,000,000
EVERTEC Inc.
Related Party Transaction
Equity Method Investment Ownership Percentage	16.20%			16.20%
Investment in equity investees	$ 69,380,000			$ 69,380,000		60,591,000
Earnings from investments under the equity method	$ 4,631,000	$ 3,648,000		13,412,000	11,187,000
Equity Method Investment Dividends				$ 1,700,000	600,000
Number of shares held	11,654,803			11,654,803
BHD LEON
Related Party Transaction
Equity Method Investment Ownership Percentage	15.84%			15.84%
Investment in equity investees	$ 150,000,000			$ 150,000,000		$ 140,400,000
Earnings from investments under the equity method				20,100,000	22,100,000
Equity Method Investment Dividends				$ 12,600,000	12,600,000
Line of Credit Facility, Maximum Borrowing Capacity							$ 40,000,000
Grupo Financiero Leon SA Panama shareholder of BHD Leon
Related Party Transaction
Line of Credit Facility, Maximum Borrowing Capacity								$ 8,000,000
Credit facility extended to GFL by BHD International Panama affiliate of BHD leon
Related Party Transaction
Credit facility repayment			$ 8,000,000
Line of Credit Facility, Maximum Borrowing Capacity		$ 8,000,000			$ 8,000,000

Fair value measurement - Assets

Fair value measurement - Assets and liabilities measured at fair value on a recurring basis (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Dec. 31, 2017
Assets
Debt securities available-for-sale, at fair value	$ 16,479,110	$ 13,300,184
Trading account debt securities, excluding derivatives	36,303	37,787
Mortgage servicing rights	150,652	169,777	$ 162,779	$ 168,031
Recurring
Assets
Debt securities available-for-sale, at fair value	16,479,110	13,300,184
Trading account debt securities, excluding derivatives	36,303	37,787
Equity securities at fair value	19,778	13,296
Mortgage servicing rights	150,652	169,777
Derivatives	15,234	13,603
Total	16,701,077	13,534,647
Liabilities
Derivatives	(14,069)	(12,320)
Total	(14,069)	(12,320)
Recurring | US Treasury Securities
Assets
Debt securities available-for-sale, at fair value	10,504,288	8,272,196
Trading account debt securities, excluding derivatives	2,760	6,278
Recurring | Obligations of U.S. Government sponsored entities
Assets
Debt securities available-for-sale, at fair value	187,092	333,309
Recurring | Obligations of Puerto Rico, States and political subdivisions
Assets
Debt securities available-for-sale, at fair value	6,931	6,742
Trading account debt securities, excluding derivatives	649	134
Recurring | Collateralized Mortgage Obligations - Federal agencies
Assets
Debt securities available-for-sale, at fair value	630,636	728,671
Recurring | Mortgage Backed Securities
Assets
Debt securities available-for-sale, at fair value	5,149,790	3,958,778
Trading account debt securities, excluding derivatives	28,798	27,257
Recurring | Other
Assets
Debt securities available-for-sale, at fair value	373	488
Trading account debt securities, excluding derivatives	3,460	3,459
Recurring | CMO
Assets
Trading account debt securities, excluding derivatives	636	659
Recurring | Level 1
Assets
Debt securities available-for-sale, at fair value	4,487,422	2,719,740
Trading account debt securities, excluding derivatives	2,758	6,278
Equity securities at fair value	0	0
Mortgage servicing rights	0	0
Derivatives	0	0
Total	4,490,180	2,726,018
Liabilities
Derivatives	0	0
Total	0	0
Recurring | Level 1 | US Treasury Securities
Assets
Debt securities available-for-sale, at fair value	4,487,422	2,719,740
Trading account debt securities, excluding derivatives	2,758	6,278
Recurring | Level 1 | Obligations of U.S. Government sponsored entities
Assets
Debt securities available-for-sale, at fair value	0	0
Recurring | Level 1 | Obligations of Puerto Rico, States and political subdivisions
Assets
Debt securities available-for-sale, at fair value	0	0
Trading account debt securities, excluding derivatives	0	0
Recurring | Level 1 | Collateralized Mortgage Obligations - Federal agencies
Assets
Debt securities available-for-sale, at fair value	0	0
Recurring | Level 1 | Mortgage Backed Securities
Assets
Debt securities available-for-sale, at fair value	0	0
Trading account debt securities, excluding derivatives	0	0
Recurring | Level 1 | Other
Assets
Debt securities available-for-sale, at fair value	0	0
Trading account debt securities, excluding derivatives	0	0
Recurring | Level 1 | CMO
Assets
Trading account debt securities, excluding derivatives	0	0
Recurring | Level 2
Assets
Debt securities available-for-sale, at fair value	11,990,479	10,579,211
Trading account debt securities, excluding derivatives	32,506	30,370
Equity securities at fair value	19,778	13,296
Mortgage servicing rights	0	0
Derivatives	15,234	13,603
Total	12,057,997	10,636,480
Liabilities
Derivatives	(14,069)	(12,320)
Total	(14,069)	(12,320)
Recurring | Level 2 | US Treasury Securities
Assets
Debt securities available-for-sale, at fair value	6,016,866	5,552,456
Trading account debt securities, excluding derivatives	2	0
Recurring | Level 2 | Obligations of U.S. Government sponsored entities
Assets
Debt securities available-for-sale, at fair value	187,092	333,309
Recurring | Level 2 | Obligations of Puerto Rico, States and political subdivisions
Assets
Debt securities available-for-sale, at fair value	6,931	6,742
Trading account debt securities, excluding derivatives	649	134
Recurring | Level 2 | Collateralized Mortgage Obligations - Federal agencies
Assets
Debt securities available-for-sale, at fair value	630,636	728,671
Recurring | Level 2 | Mortgage Backed Securities
Assets
Debt securities available-for-sale, at fair value	5,148,581	3,957,545
Trading account debt securities, excluding derivatives	28,772	27,214
Recurring | Level 2 | Other
Assets
Debt securities available-for-sale, at fair value	373	488
Trading account debt securities, excluding derivatives	3,004	2,974
Recurring | Level 2 | CMO
Assets
Trading account debt securities, excluding derivatives	79	48
Recurring | Level 3
Assets
Debt securities available-for-sale, at fair value	1,209	1,233
Trading account debt securities, excluding derivatives	1,039	1,139
Equity securities at fair value	0	0
Mortgage servicing rights	150,652	169,777
Derivatives	0	0
Total	152,900	172,149
Liabilities
Derivatives	0	0
Total	0	0
Recurring | Level 3 | US Treasury Securities
Assets
Debt securities available-for-sale, at fair value	0	0
Trading account debt securities, excluding derivatives	0	0
Recurring | Level 3 | Obligations of U.S. Government sponsored entities
Assets
Debt securities available-for-sale, at fair value	0	0
Recurring | Level 3 | Obligations of Puerto Rico, States and political subdivisions
Assets
Debt securities available-for-sale, at fair value	0	0
Trading account debt securities, excluding derivatives	0	0
Recurring | Level 3 | Collateralized Mortgage Obligations - Federal agencies
Assets
Debt securities available-for-sale, at fair value	0	0
Recurring | Level 3 | Mortgage Backed Securities
Assets
Debt securities available-for-sale, at fair value	1,209	1,233
Trading account debt securities, excluding derivatives	26	43
Recurring | Level 3 | Other
Assets
Debt securities available-for-sale, at fair value	0	0
Trading account debt securities, excluding derivatives	456	485
Recurring | Level 3 | CMO
Assets
Trading account debt securities, excluding derivatives	$ 557	$ 611

Fair value measurement - Asse_2

Fair value measurement - Assets measured at fair value on nonrecurring basis (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate	$ 117,928		$ 136,705
Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans	65,922	$ 79,347
Other real estate	17,942	42,572
Other foreclosed assets	1,221	2,596
Long-lived asset held-for-sale	2,500
Total	87,585	124,515
Loans - write-down	(10,761)	(28,769)
Other real estate owned - write down	(3,486)	(8,744)
Other foreclosed assets - write down	(153)	(957)
Long-lived asset held-for-sale - write down	(2,591)
Total assets measured - write down	(16,991)	(38,470)
Nonrecurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans	0	0
Other real estate	0	0
Other foreclosed assets	0	0
Long-lived asset held-for-sale	0
Total	0	0
Nonrecurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans	0	0
Other real estate	0	0
Other foreclosed assets	0	0
Long-lived asset held-for-sale	0
Total	0	0
Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans	65,922	79,347
Other real estate	17,942	42,572
Other foreclosed assets	1,221	2,596
Long-lived asset held-for-sale	2,500
Total	$ 87,585	$ 124,515

Fair value measurement - Change

Fair value measurement - Changes in level 3 assets and liabilities measured at fair value on a recurring basis (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Assets, Fair Value Disclosure [Abstract]
Beginning Balance	$ 155,368	$ 166,508	$ 172,149	$ 170,420
Gains (Losses) included in earnings	(4,855)	(4,202)	(25,883)	(13,148)
Gains (losses) included in OCI	1	(1)	1	1
Additions	2,474	2,953	6,818	8,129
Settlements	(86)	(33)	(185)	(177)
Ending Balance	152,900	165,225	152,900	165,225
Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss	(1,569)	3	(15,979)	20
Liabilities, Fair Value Disclosure [Abstract]
Beginning Balance				(164,858)
Liabilitiy - Gains (Losses) included in earnings				(6,112)
Gains (losses) included in OCI				0
Additions				0
Settlements				170,970
Ending Balance		0		0
Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss				0
Contingent consideration
Liabilities, Fair Value Disclosure [Abstract]
Beginning Balance				(164,858)
Liabilitiy - Gains (Losses) included in earnings				(6,112)
Gains (losses) included in OCI				0
Additions				0
Settlements				170,970
Ending Balance		0		0
Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss				0
Debt securities available-for-sale | Mortgage Backed Securities
Assets, Fair Value Disclosure [Abstract]
Beginning Balance	1,235	1,264	1,233	1,288
Gains (Losses) included in earnings	0	0	0	0
Gains (losses) included in OCI	1	(1)	1	1
Additions	0	0	0	0
Settlements	(25)	0	(25)	(26)
Ending Balance	1,209	1,263	1,209	1,263
Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss	0	0	0	0
Trading account debt securities | Mortgage Backed Securities
Assets, Fair Value Disclosure [Abstract]
Beginning Balance	26	43	43	43
Gains (Losses) included in earnings	0	0	(1)	0
Gains (losses) included in OCI	0	0	0	0
Additions	0	0	25	0
Settlements	0	0	(41)	0
Ending Balance	26	43	26	43
Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss	0	0	1	0
Trading account debt securities | CMO
Assets, Fair Value Disclosure [Abstract]
Beginning Balance	618	670	611	529
Gains (Losses) included in earnings	(1)	0	0	6
Gains (losses) included in OCI	0	0	0	0
Additions	1	7	65	260
Settlements	(61)	(33)	(119)	(151)
Ending Balance	557	644	557	644
Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss	1	0	0	6
Trading account debt securities | Other
Assets, Fair Value Disclosure [Abstract]
Beginning Balance	468	506	485	529
Gains (Losses) included in earnings	(12)	(8)	(29)	(31)
Gains (losses) included in OCI	0	0	0	0
Additions	0	0	0	0
Settlements	0	0	0	0
Ending Balance	456	498	456	498
Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss	5	3	13	14
Mortgage Servicing Rights
Assets, Fair Value Disclosure [Abstract]
Beginning Balance	153,021	164,025	169,777	168,031
Gains (Losses) included in earnings	(4,842)	(4,194)	(25,853)	(13,123)
Gains (losses) included in OCI	0	0	0	0
Additions	2,473	2,946	6,728	7,869
Settlements	0	0	0	0
Ending Balance	150,652	162,777	150,652	162,777
Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss	$ (1,575)	$ 0	$ (15,993)	$ 0

Fair value measurement - Gains

Fair value measurement - Gains and losses (realized and unrealized) included in earnings for level 3 assets and liabilities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation Abstract
Gains (Losses) included in earnings	$ 4,855	$ 4,202	$ 25,883	$ 13,148
Liabilitiy - Gains (Losses) included in earnings				(6,112)
Change in unrealized gain loss - Fair value assets	(1,569)	3	(15,979)	20
Change in unrealized gain loss - fair value liabilities				0
Gain (loss) included in earnings	(4,855)	(4,202)	(25,883)	(19,260)
Change in unrealized gain loss	(1,569)	3	(15,979)	20
FDIC Loss Share Expense Income
Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation Abstract
Liabilitiy - Gains (Losses) included in earnings		0		(6,112)
Change in unrealized gain loss - fair value liabilities		0		0
Mortgage banking activities
Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation Abstract
Gains (Losses) included in earnings	(4,842)	(4,194)	(25,853)	(13,123)
Change in unrealized gain loss - Fair value assets	(1,575)	0	(15,993)	0
Trading gains losses
Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation Abstract
Gains (Losses) included in earnings	(13)	(8)	(30)	(25)
Change in unrealized gain loss - Fair value assets	$ 6	$ 3	$ 14	$ 20

Fair value measurement - Quanti

Fair value measurement - Quantitative inputs level 3 (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Dec. 31, 2017
Assets
Trading Securities Debt	$ 36,303	$ 37,787
Mortgage servicing rights	150,652	169,777	$ 162,779	$ 168,031
Other real estate	117,928	136,705
Recurring
Assets
Trading Securities Debt	36,303	37,787
Mortgage servicing rights	150,652	169,777
Recurring | CMO
Assets
Trading Securities Debt	636	659
Recurring | Other
Assets
Trading Securities Debt	3,460	3,459
Recurring | Level 3
Assets
Trading Securities Debt	1,039	1,139
Mortgage servicing rights	150,652	169,777
Recurring | Level 3 | Mortgage Servicing Rights
Assets
Mortgage servicing rights	$ 150,652
Recurring | Level 3 | Mortgage Servicing Rights | Discounted cash flow approach | Minimum
Unobservable inputs
Weighted average life	1 month 6 days
Prepayment speed	0.20%
Discount rate	9.50%
Recurring | Level 3 | Mortgage Servicing Rights | Discounted cash flow approach | Maximum
Unobservable inputs
Weighted average life	13 years 10 months 24 days
Prepayment speed	19.90%
Discount rate	14.70%
Recurring | Level 3 | Mortgage Servicing Rights | Discounted cash flow approach | Weighted Average
Unobservable inputs
Weighted average life	6 years 2 months 12 days
Prepayment speed	6.80%
Discount rate	11.20%
Recurring | Level 3 | Loan | Valuation Technique External Appraisal | Minimum
Unobservable inputs
Haircut applied on external appraisal	10.00%
Recurring | Level 3 | Loan | Valuation Technique External Appraisal | Maximum
Unobservable inputs
Haircut applied on external appraisal	21.00%
Recurring | Level 3 | Loan | Valuation Technique External Appraisal | Weighted Average
Unobservable inputs
Haircut applied on external appraisal	10.30%
Recurring | Level 3 | Other real estate owned | Valuation Technique External Appraisal | Minimum
Unobservable inputs
Haircut applied on external appraisal	10.00%
Recurring | Level 3 | Other real estate owned | Valuation Technique External Appraisal | Maximum
Unobservable inputs
Haircut applied on external appraisal	35.00%
Recurring | Level 3 | Other real estate owned | Valuation Technique External Appraisal | Weighted Average
Unobservable inputs
Haircut applied on external appraisal	23.50%
Recurring | Level 3 | CMO
Assets
Trading Securities Debt	$ 557	611
Recurring | Level 3 | CMO | Trading account debt securities | Discounted cash flow approach | Minimum
Unobservable inputs
Weighted average life	1 year 4 months 24 days
Yield	3.90%
Prepayment speed	15.20%
Recurring | Level 3 | CMO | Trading account debt securities | Discounted cash flow approach | Maximum
Unobservable inputs
Weighted average life	1 year 9 months 18 days
Yield	4.40%
Prepayment speed	20.70%
Recurring | Level 3 | CMO | Trading account debt securities | Discounted cash flow approach | Weighted Average
Unobservable inputs
Weighted average life	1 year 8 months 12 days
Yield	4.00%
Prepayment speed	18.50%
Recurring | Level 3 | Other
Assets
Trading Securities Debt	$ 456	$ 485
Recurring | Level 3 | Other | Trading account debt securities | Discounted cash flow approach
Unobservable inputs
Weighted average life	5 years 2 months 12 days
Yield	12.00%
Prepayment speed	10.80%
Recurring | Level 3 | Other | Mortgage Servicing Rights | Discounted cash flow approach | Minimum
Unobservable inputs
Prepayment speed	0.20%
Recurring | Level 3 | Other | Mortgage Servicing Rights | Discounted cash flow approach | Maximum
Unobservable inputs
Prepayment speed	19.90%
Nonrecurring
Assets
Loans	$ 65,922		79,347
Other real estate	17,942		42,572
Nonrecurring | Level 3
Assets
Loans	65,922		79,347
Other real estate	17,942		$ 42,572
Nonrecurring | Level 3 | Loan
Assets
Loans	62,442
Nonrecurring | Level 3 | Other real estate owned
Assets
Other real estate	$ 15,003

Fair value measurement - Additi

Fair value measurement - Additional Information (Details)	9 Months Ended
	Sep. 30, 2019
Mortgage Servicing Rights
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Measurements, Sensitivity Analysis, Description	The significant unobservable inputs used in the fair value measurement of the Corporation’s mortgage servicing rights are constant prepayment rates and discount rates. Increases in interest rates may result in lower prepayments. Discount rates vary according to products and / or portfolios depending on the perceived risk. Increases in discount rates result in a lower fair value measurement
Mortgage Backed Securities | Trading account debt securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value Measurements, Sensitivity Analysis, Description	The significant unobservable inputs used in the fair value measurement of the Corporation’s collateralized mortgage obligations and interest-only collateralized mortgage obligation (reported as “other”), which are classified in the “trading” category, are yield, constant prepayment rate, and weighted average life. Significant increases (decreases) in any of those inputs in isolation would result in significantly lower (higher) fair value measurement. Generally, a change in the assumption used for the constant prepayment rate will generate a directionally opposite change in the weighted average life. For example, as the average life is reduced by a higher constant prepayment rate, a lower yield will be realized, and when there is a reduction in the constant prepayment rate, the average life of these collateralized mortgage obligations will extend, thus resulting in a higher yield.

Fair value of financial instr_3

Fair value of financial instruments - Carrying or notional amounts and estimated fair values for financial instruments (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Dec. 31, 2017
Carrying amount
Financial Assets:
Cash and due from banks	$ 502,060,000	$ 394,035,000
Money market investments	5,168,585,000	4,171,048,000
Trading account debt securities, excluding derivatives	36,303,000	37,787,000
Debt securities available-for-sale, at fair value	16,479,110,000	13,300,184,000
Debt securities held-to-maturity, at amortized cost	97,707,000	101,575,000
Equity securities:
FHLB Stock	46,729,000	51,628,000
FRB stock	92,648,000	89,358,000
Other investments	21,081,000	14,598,000
Equity securities	160,458,000	155,584,000
Loans held-for-sale	56,370,000	51,422,000
Loans held in portfolio, net	26,495,610,000	25,938,541,000
Mortgage servicing rights	150,652,000	169,777,000
Derivatives	15,234,000	13,603,000
Deposits
Demand deposits	36,370,038,000	32,093,274,000
Time deposits	7,796,157,000	7,616,765,000
Total deposits	44,166,195,000	39,710,039,000
Assets sold under agreements to repurchase	213,097,000	281,529,000
Other short-term borrowings		42,000
Notes payable:
Advances with the FHLB	486,785,000	556,776,000
Unsecured senior debt securities	294,990,000	294,039,000
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust	384,895,000	384,875,000
Capital lease obligations		20,412,000
Notes Payable	1,166,670,000	1,256,102,000
Derivatives	14,069,000	12,320,000
Cash and due from banks	502,060,000	394,035,000
Money market investments	5,168,585,000	4,171,048,000
Trading account debt securities, excluding derivatives	36,303,000	37,787,000
Debt securities available-for-sale, at fair value	16,479,110,000	13,300,184,000
Debt securities held-to-maturity, at amortized cost	97,707,000	101,575,000
Equity securities	160,458,000	155,584,000
Loans held in portfolio, net	26,495,610,000	25,938,541,000
Mortgage servicing rights	150,652,000	169,777,000	$ 162,779,000	$ 168,031,000
Time deposits	7,796,157,000	7,616,764,000
Total deposits	44,166,195,000	39,710,039,000
Assets sold under agreements to repurchase	213,097,000	281,529,000
Other short-term borrowings	0	42,000
Capital lease obligations	0	20,412,000
Notes Payable	1,166,670,000	1,256,102,000
Fair Value
Financial Assets:
Cash and due from banks	502,060,000	394,035,000
Money market investments	5,168,585,000	4,171,048,000
Trading account debt securities, excluding derivatives	36,303,000	37,787,000
Debt securities available-for-sale, at fair value	16,479,110,000	13,300,184,000
Debt securities held-to-maturity, at amortized cost	103,918,000	102,653,000
Equity securities:
FHLB Stock	46,729,000	51,628,000
FRB stock	92,648,000	89,358,000
Other investments	27,074,000	18,835,000
Equity securities	166,451,000	159,821,000
Loans held-for-sale	57,572,000	52,474,000
Loans held in portfolio, net	24,603,515,000	23,143,027,000
Mortgage servicing rights	150,652,000	169,777,000
Derivatives	15,234,000	13,603,000
Deposits
Demand deposits	36,370,038,000	32,093,274,000
Time deposits	7,648,739,000	7,392,698,000
Total deposits	44,018,777,000	39,485,972,000
Assets sold under agreements to repurchase	212,812,000	281,535,000
Other short-term borrowings		42,000
Notes payable:
Advances with the FHLB	496,552,000	553,111,000
Unsecured senior debt securities	322,014,000	302,664,000
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust	406,485,000	381,079,000
Capital lease obligations		20,412,000
Notes Payable	1,225,051,000	1,257,266,000
Derivatives	14,069,000	12,320,000
Obligations of Puerto Rico, States and political subdivisions | Carrying amount
Financial Assets:
Debt securities held-to-maturity, at amortized cost	85,598,000	89,459,000
Obligations of Puerto Rico, States and political subdivisions
Financial Assets:
Debt securities held-to-maturity, at amortized cost	85,598,000	89,459,000
Obligations of Puerto Rico, States and political subdivisions | Fair Value
Financial Assets:
Debt securities held-to-maturity, at amortized cost	91,808,000	90,534,000
Collateralized Mortgage Obligations - Federal agencies | Carrying amount
Financial Assets:
Debt securities held-to-maturity, at amortized cost	48,000	55,000
Collateralized Mortgage Obligations - Federal agencies
Financial Assets:
Debt securities held-to-maturity, at amortized cost	48,000	55,000
Collateralized Mortgage Obligations - Federal agencies | Fair Value
Financial Assets:
Debt securities held-to-maturity, at amortized cost	50,000	58,000
Securities in wholly owned statutory business trusts | Carrying amount
Financial Assets:
Debt securities held-to-maturity, at amortized cost	11,561,000	11,561,000
Securities in wholly owned statutory business trusts
Financial Assets:
Debt securities held-to-maturity, at amortized cost	11,561,000	11,561,000
Securities in wholly owned statutory business trusts | Fair Value
Financial Assets:
Debt securities held-to-maturity, at amortized cost	11,561,000	11,561,000
Other | Carrying amount
Financial Assets:
Debt securities held-to-maturity, at amortized cost	500,000	500,000
Other
Financial Assets:
Debt securities held-to-maturity, at amortized cost	500,000	500,000
Other | Fair Value
Financial Assets:
Debt securities held-to-maturity, at amortized cost	499,000	500,000
Level 1 | Fair Value
Financial Assets:
Cash and due from banks	502,060,000	394,035,000
Money market investments	5,162,672,000	4,161,832,000
Trading account debt securities, excluding derivatives	2,758,000	6,278,000
Debt securities available-for-sale, at fair value	4,487,422,000	2,719,740,000
Debt securities held-to-maturity, at amortized cost	0	0
Equity securities:
FHLB Stock	0	0
FRB stock	0	0
Other investments	0	0
Equity securities	0	0
Loans held-for-sale	0	0
Loans held in portfolio, net	0	0
Mortgage servicing rights	0	0
Derivatives	0	0
Deposits
Demand deposits	0	0
Time deposits	0	0
Total deposits	0	0
Assets sold under agreements to repurchase	0	0
Other short-term borrowings		0
Notes payable:
Advances with the FHLB	0	0
Unsecured senior debt securities	0	0
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust	0	0
Capital lease obligations		0
Notes Payable	0	0
Derivatives	0	0
Level 1 | Obligations of Puerto Rico, States and political subdivisions | Fair Value
Financial Assets:
Debt securities held-to-maturity, at amortized cost	0	0
Level 1 | Collateralized Mortgage Obligations - Federal agencies | Fair Value
Financial Assets:
Debt securities held-to-maturity, at amortized cost	0	0
Level 1 | Securities in wholly owned statutory business trusts | Fair Value
Financial Assets:
Debt securities held-to-maturity, at amortized cost	0	0
Level 1 | Other | Fair Value
Financial Assets:
Debt securities held-to-maturity, at amortized cost	0	0
Level 2 | Fair Value
Financial Assets:
Cash and due from banks	0	0
Money market investments	5,913,000	9,216,000
Trading account debt securities, excluding derivatives	32,506,000	30,370,000
Debt securities available-for-sale, at fair value	11,990,479,000	10,579,211,000
Debt securities held-to-maturity, at amortized cost	12,060,000	12,061,000
Equity securities:
FHLB Stock	46,729,000	51,628,000
FRB stock	92,648,000	89,358,000
Other investments	19,778,000	13,296,000
Equity securities	159,155,000	154,282,000
Loans held-for-sale	0	0
Loans held in portfolio, net	0	0
Mortgage servicing rights	0	0
Derivatives	15,234,000	13,603,000
Deposits
Demand deposits	36,370,038,000	32,093,274,000
Time deposits	7,648,739,000	7,392,698,000
Total deposits	44,018,777,000	39,485,972,000
Assets sold under agreements to repurchase	212,812,000	281,535,000
Other short-term borrowings		42,000
Notes payable:
Advances with the FHLB	496,552,000	553,111,000
Unsecured senior debt securities	322,014,000	302,664,000
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust	406,485,000	381,079,000
Capital lease obligations		0
Notes Payable	1,225,051,000	1,236,854,000
Derivatives	14,069,000	12,320,000
Level 2 | Obligations of Puerto Rico, States and political subdivisions | Fair Value
Financial Assets:
Debt securities held-to-maturity, at amortized cost	0	0
Level 2 | Collateralized Mortgage Obligations - Federal agencies | Fair Value
Financial Assets:
Debt securities held-to-maturity, at amortized cost	0	0
Level 2 | Securities in wholly owned statutory business trusts | Fair Value
Financial Assets:
Debt securities held-to-maturity, at amortized cost	11,561,000	11,561,000
Level 2 | Other | Fair Value
Financial Assets:
Debt securities held-to-maturity, at amortized cost	499,000	500,000
Level 3 | Fair Value
Financial Assets:
Cash and due from banks	0	0
Money market investments	0	0
Trading account debt securities, excluding derivatives	1,039,000	1,139,000
Debt securities available-for-sale, at fair value	1,209,000	1,233,000
Debt securities held-to-maturity, at amortized cost	91,858,000	90,592,000
Equity securities:
FHLB Stock	0	0
FRB stock	0	0
Other investments	7,296,000	5,539,000
Equity securities	7,296,000	5,539,000
Loans held-for-sale	57,572,000	52,474,000
Loans held in portfolio, net	24,603,515,000	23,143,027,000
Mortgage servicing rights	150,652,000	169,777,000
Derivatives	0	0
Deposits
Demand deposits	0	0
Time deposits	0	0
Total deposits	0	0
Assets sold under agreements to repurchase	0	0
Other short-term borrowings		0
Notes payable:
Advances with the FHLB	0	0
Unsecured senior debt securities	0	0
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust	0	0
Capital lease obligations		20,412,000
Notes Payable	0	20,412,000
Derivatives	0	0
Level 3 | Obligations of Puerto Rico, States and political subdivisions | Fair Value
Financial Assets:
Debt securities held-to-maturity, at amortized cost	91,808,000	90,534,000
Level 3 | Collateralized Mortgage Obligations - Federal agencies | Fair Value
Financial Assets:
Debt securities held-to-maturity, at amortized cost	50,000	58,000
Level 3 | Securities in wholly owned statutory business trusts | Fair Value
Financial Assets:
Debt securities held-to-maturity, at amortized cost	0	0
Level 3 | Other | Fair Value
Financial Assets:
Debt securities held-to-maturity, at amortized cost	$ 0	$ 0

Fair Value of financial instr_4

Fair Value of financial instruments- Additional Information (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Letter Of Credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure Off balance Sheet Risks Face Amount Asset	$ 84	$ 29
Commitments To Extend Credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure Off balance Sheet Risks Face Amount Asset	$ 7,700	$ 7,500

Net income per common share - C

Net income per common share - Computation of net income (loss) per common share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Earnings Per Share, Basic and Diluted [Abstract]
Net income	$ 165,319	$ 140,648	$ 504,350	$ 511,755
Preferred stock dividends	(930)	(930)	(2,792)	(2,792)
Net income applicable to common stock	$ 164,389	$ 139,718	$ 501,558	$ 508,963
Average common shares outstanding	96,357,117	101,067,300	97,073,177	101,549,711
Average potential dilutive common shares	121,210	181,854	139,219	182,219
Average common shares outstanding - assuming dilution	96,478,327	101,249,154	97,212,396	101,731,930
Net Income per Common Share - Basic	$ 1.71	$ 1.38	$ 5.17	$ 5.01
Net Income per Common Share - Diluted	$ 1.70	$ 1.38	$ 5.16	$ 5

Net income per common share - A

Net income per common share - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Mar. 31, 2019	Sep. 30, 2019
Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]
Initial shares received as part of an accelerated share repurchase program		3,500,000
Accelerated share repurchases settlement receipt		$ 250
Forward contracts
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1,189,974		1,184,666

Revenue from contracts with c_3

Revenue from contracts with customers - Revenue streams (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Service charges on deposit accounts
Revenue From Contract With Customer Excluding Assessed Tax	$ 40,969	$ 38,147	$ 119,277	$ 111,704
BPPR
Revenue From Contract With Customer Excluding Assessed Tax	90,517	83,561	266,368	245,641
BPPR | Service charges on deposit accounts
Revenue From Contract With Customer Excluding Assessed Tax	37,245	34,869	108,344	101,824
BPPR | Debit card fees
Revenue From Contract With Customer Excluding Assessed Tax	11,459	10,723	34,110	33,543
BPPR | Insurance fees, excluding reinsurance
Revenue From Contract With Customer Excluding Assessed Tax	8,921	8,210	29,786	24,097
BPPR | Credit card fees excluding late fees and membership fees
Revenue From Contract With Customer Excluding Assessed Tax	21,901	19,029	61,579	54,513
BPPR | Sale and administration of investment products
Revenue From Contract With Customer Excluding Assessed Tax	5,714	5,696	16,705	16,071
BPPR | Trust fees
Revenue From Contract With Customer Excluding Assessed Tax	5,277	5,034	15,844	15,593
Popular U.S.
Revenue From Contract With Customer Excluding Assessed Tax	5,353	4,947	15,155	13,983
Popular U.S. | Service charges on deposit accounts
Revenue From Contract With Customer Excluding Assessed Tax	3,724	3,278	10,933	9,880
Popular U.S. | Debit card fees
Revenue From Contract With Customer Excluding Assessed Tax	260	261	813	763
Popular U.S. | Insurance fees, excluding reinsurance
Revenue From Contract With Customer Excluding Assessed Tax	1,152	1,187	2,753	2,642
Popular U.S. | Credit card fees excluding late fees and membership fees
Revenue From Contract With Customer Excluding Assessed Tax	217	221	656	698
Popular U.S. | Sale and administration of investment products
Revenue From Contract With Customer Excluding Assessed Tax	0	0	0	0
Popular U.S. | Trust fees
Revenue From Contract With Customer Excluding Assessed Tax	$ 0	$ 0	$ 0	$ 0

Revenue from contracts with c_4

Revenue from contracts with customers - Revenue streams - Parenthetical (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Intersegment Transaction
Revenue From Contract With Customer Excluding Assessed Tax	$ 0.2	$ 0.2	$ 2.3	$ 1.9

Leases - Future minimum payment

Leases - Future minimum payments (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Operating lease liabilities under Topic 842
Operating leases - Remaining 2019	$ 7,566
Operating leases - 2020	28,034
Operating leases - 2021	25,444
Operating leases - 2022	21,688
Operating leases - 2023	19,405
Operating leases - later years	77,693
Operating leases - Total	179,830
Less: Imputed interest	(27,409)
Operating lease liabilities	152,421	$ 0
Finance lease liabilities under Topic 842
Finance leases - Remaining 2019	739
Finance leases - 2020	3,003
Finance leases - 2021	3,093
Finance leases - 2022	3,187
Finance leases - 2023	3,284
Finance leases - later years	11,186
Finance leases - Total	24,492
Less: imputed interest	(4,886)
Finance lease liabilities	$ 19,606	$ 0

Leases - Lease cost (Details)

Leases - Lease cost (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019
Lease Cost [Abstract]
Amortization of ROU assets	$ 422	$ 1,265
Interest on lease liabilities	296	901
Operating lease cost	7,233	23,156
Short-term lease cost	97	172
Variable lease cost	3	5
Sublease Income	(29)	(84)
Total lease cost	$ 8,022	$ 25,415

Leases - Supplemental cash flow

Leases - Supplemental cash flow information and other related information (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Leases [Abstract]
Operating cash flows from operating leases	$ 22,527
Operating cash flows from finance leases	906
Financing cash flows from finance leases	1,269	$ 0
ROU assets obtained in exchange for new lease obligations - Operating leases	$ 7,882
Weighted average remaining term - Operating leases	8 years 7 months 6 days
Weighted average remaining lease term - Finance leases	7 years 6 months
Weighted average discount rate - Operating leases	3.60%
Weighted average discount rate - Finance leases	6.00%

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Leases [Abstract]
Operating Leases, Rent Expense, Net	$ 7.2		$ 22.2
Capital leases amortization expense	0.3		1
Capital leases interest expense	$ 0.3		$ 0.8
Undiscounted contract amount operating leases not yet commenced		$ 26
Minimum
Leases
Remaining lease term of contract		1 month 6 days
Operating lease contract not yet commenced		10 years
Maximum
Leases
Remaining lease term of contract		34 years 3 months 18 days
Lessee remaining lease renewal term		20 years
Operating lease contract not yet commenced		20 years

FDIC loss share expense (Detail

FDIC loss share expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Disclosure F D I C Loss Share Expense Income [Abstract]
Amortization				$ (934)
80% mirror accounting on credit impairment losses				104
80% mirror accounting on reimbursable expenses				537
80% mirror accounting on recoveries on covered assets, including rental income on OREOs, subject to reimbursement to the FDIC				(1,658)
Change in true-up payment obligation				(6,112)
Gain from the FDIC termination agreement			$ 0	102,752
Other				36
FDIC loss share (expense) income	$ 0	$ 0	$ 0	$ 94,725

Pension and postretirement be_3

Pension and postretirement benefits - Components of net periodic benefit cost (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Pension Plans
Personnel costs:
Service cost	$ 0	$ 0	$ 0	$ 0
Other operating expenses
Interest cost	7,109	6,373	21,329	19,119
Expected return on plan assets	(8,096)	(10,060)	(24,288)	(30,180)
Amortization of prior service cost (credit)	0	0	0	0
Amortization of net loss	5,877	5,065	17,629	15,195
Total net periodic pension cost	4,890	1,378	14,670	4,134
OPEB Plan
Personnel costs:
Service cost	190	257	570	771
Other operating expenses
Interest cost	1,489	1,390	4,466	4,171
Expected return on plan assets	0	0	0	0
Amortization of prior service cost (credit)	0	(868)	0	(2,603)
Amortization of net loss	0	321	0	962
Total net periodic pension cost	$ 1,679	$ 1,100	$ 5,036	$ 3,301

Pension and postretirement be_4

Pension and postretirement benefits - Contributions to the benefit plans (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Dec. 31, 2019
Pension Plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Employer contribution	$ 20,057
Contributions to the plans expected to pay		$ 20,229
OPEB Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Employer contribution	$ 1,472
Contributions to the plans expected to pay		$ 8,128

Stock-based compensation - Summ

Stock-based compensation - Summary of incentive plan for members of management (Details) - Restricted Stock Units (RSUs) - Executive Officers - Performance Based Shares - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
Restricted Stock
Non-vested at beginning of period	382,186	295,340
Granted	218,169	239,062
Performance Shares Quantity Adjustment	22,973	234,076
Vested	(275,727)	(372,271)
Forfeited		(14,021)
Non-vested at end of period	347,601	382,186
Weighted-Average Grant Date Fair Value
Non-vested at beginning of period	$ 36.41	$ 30.75
Granted	55.55	45.81
Performance Shares Quantity Adjustment	55.51	33.09
Vested	44.97	35.83
Forfeited		37.35
Non-vested at end of period	$ 41.77	$ 36.41

Stock-based compensation - Su_2

Stock-based compensation - Summary of incentive plan for members of the Board of Directors (Details) - Directors - $ / shares	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Restricted Stock Award
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Roll Forward
Non-vested at beginning of period			0	0	0
Granted	0	2,765	1,052		25,159
Vested			(1,052)		(25,159)
Forfeited			0		0
Non-vested at end of period	0		0		0
Weighted-Average Grant Date Fair Value
Non-vested at beginning of period			$ 0	$ 0	$ 0
Granted			49.25		46.71
Vested			49.25		46.71
Forfeited			0		0
Non-vested at end of period	$ 0		$ 0		$ 0
Restricted Stock Units (RSUs)
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Roll Forward
Non-vested at beginning of period			0	0	0
Granted	1,989		27,449	25,159	0
Vested			(27,449)		0
Forfeited			0		0
Non-vested at end of period	0		0		0
Weighted-Average Grant Date Fair Value
Non-vested at beginning of period			$ 0	$ 0	$ 0
Granted			57.64		0
Vested			57.64		0
Forfeited			0		0
Non-vested at end of period	$ 0		$ 0		$ 0

Stock-based compensation - Addi

Stock-based compensation - Additional Information (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Executive Officers
Stock-based compensation
Total unrecognized compensation cost related to non-vested restricted stock awards and performance shares to members of management, period of recognition (in years)			2 years 6 months
Fair value of stocks vested at grant date			$ 13,700,000
Fair Market Value of stock vested at vesting date			18,900,000
Windfall Net Of Shortfall			$ 1,900,000
Restricted Stock Award | Executive Officers
Stock-based compensation
Stock granted	619	8,395	152,773	163,701
Restricted Stock Expense	$ 1,000,000	$ 1,100,000	$ 6,800,000	$ 5,900,000
Incentive award, tax benefit	$ 200,000	$ 200,000	$ 1,100,000	900,000
Restricted Stock Award | Directors
Stock-based compensation
Stock granted	0	2,765	1,052		25,159
Restricted Stock Expense		$ 100,000	$ 52,000	1,600,000
Incentive award, tax benefit		$ 16,000,000	6,000	$ 200,000
Fair Market Value of stock vested at vesting date			$ 52,000
Restricted Stock Units (RSUs)
Stock-based compensation
Restricted Stock Expense	$ 100,000
Restricted Stock Units (RSUs) | TARP Interim Final Rule
Stock-based compensation
Stock-Based Compensation, vesting rights			The restricted shares for employees, will become vested based on the employees’ continued service with Popular. Unless otherwise stated in an agreement, the compensation cost associated with the shares of restricted stock is determined based on a two-prong vesting schedule. The first part is vested ratably over five years commencing at the date of grant (the “graduated vesting portion”) and the second part is vested at termination of employment after attainment of 55 years of age and 10 years of service (the “retirement vesting portion”). The graduated vesting portion is accelerated at termination of employment after attaining 55 years of age and 10 years of service. The vesting schedule for restricted shares granted on or after 2014 was modified as follows, the first part is vested ratably over four years commencing at the date of the grant (the “graduated vesting portion”) and the second part is vested at termination of employment after attainment of the earlier of 55 years of age and 10 years of service or 60 years of age and 5 years of service (the “retirement vesting portion”). The graduated vesting portion is accelerated at termination of employment after attaining the earlier of 55 years of age and 10 years of service or 60 years of age and 5 years of service.
Restricted Stock Units (RSUs) | Directors
Stock-based compensation
Stock granted	1,989		27,449	25,159	0
Restricted Stock Expense	$ 0			$ 1,500,000
Incentive award, tax benefit				$ 200,000
Fair Market Value of stock vested at vesting date			$ 1,500,000
Performance Based Shares | Executive Officers
Stock-based compensation
Total unrecognized compensation cost related to non-vested restricted stock awards and performance shares to members of management	$ 9,200,000		$ 9,200,000
Stock granted	0	0	65,396	72,414
Restricted Stock Expense	$ 400,000	$ 600,000	$ 4,300,000	$ 3,800,000
Incentive award, tax benefit	$ 23,000	$ 12,000	$ 300,000	$ 300,000
Stock-Based Compensation, vesting rights			The number of shares that will ultimately vest ranges from 50% to a 150% of target based on both market (TSR) and performance (EPS) conditions. The performance shares vest at the end of the three-year performance cycle. If a participant terminates employment after attaining the earlier of 55 years of age and 10 years of service or 60 years of age and 5 years of service, the performance shares shall continue outstanding and vest at the end of the performance cycle.

Income taxes - Differences betw

Income taxes - Differences between income tax expense (benefit) in Puerto Rico (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Amount
Income tax expense	$ 41,370	$ 42,018	$ 131,923	$ 35,613
% of pre-tax income
Computed income tax at statutory rates			37.50%		39.00%
PUERTO RICO
Amount
Computed income tax at statutory rates	77,508	71,240	$ 238,602	213,474
Net benefit of net tax exempt interest income	(38,103)	(24,941)	(95,986)	(70,341)
Deferred tax asset valuation allowance	3,170	5,606	9,915	17,018
Difference in tax rates due to multiple jurisdictions	(4,233)	(5,203)	(9,851)	(10,400)
Effect of income subject to preferential tax rate	(2,243)	(2,031)	(7,458)	(108,087)
Unrecognized tax benefits	0	(1,621)	0	(1,621)
State and local taxes	2,180	3,115	5,535	6,196
Other	3,091	(4,147)	(8,834)	(10,626)
Income tax expense	$ 41,370	$ 42,018	$ 131,923	$ 35,613
% of pre-tax income
Computed income tax at statutory rates	38.00%	39.00%	38.00%	39.00%
Net benefit of net tax exempt interest income	(18.00%)	(14.00%)	(15.00%)	(13.00%)
Deferred tax asset valuation allowance	1.00%	3.00%	2.00%	3.00%
Difference in tax rates due to multiple jurisdictions	(2.00%)	(3.00%)	(2.00%)	(2.00%)
Effect of income subject to preferential tax rate	(1.00%)	(1.00%)	(1.00%)	(20.00%)
Unrecognized tax benefits	0.00%	(100.00%)	0.00%	0.00%
State and local taxes	1.00%	2.00%	1.00%	1.00%
Others	1.00%	(2.00%)	(2.00%)	(2.00%)
Income tax (benefit) expense	20.00%	23.00%	21.00%	6.00%

Income taxes - Components of de

Income taxes - Components of deferred tax assets and liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Deferred tax assets:
Tax credits available for carryforward	$ 24,199	$ 23,657
Net operating loss and other carryforward available	840,406	837,087
Postretirement and pension benefits	74,833	83,390
Allowance for loan losses	444,535	535,255
Accelerated depreciation	7,589	7,749
FDIC-assisted transaction	85,609	95,851
Difference in outside basis from pass-through entities	18,570	20,209
Other temporary differences	36,911	32,479
Total gross deferred tax assets	1,536,472	1,641,682
Deferred tax liabilities:
Indefinite-lived intangibles	79,742	73,678
Unrealized net gain (loss) on trading and available-for-sale securities	41,869	11,040
Deferred loan origination costs	286
Other temporary differences	13,541	11,688
Total gross deferred tax liabilities	135,438	96,406
Valuation allowance	492,409	496,307
Net deferred tax asset	908,625	1,048,969
PUERTO RICO
Deferred tax assets:
Tax credits available for carryforward	16,442	15,900
Net operating loss and other carryforward available	128,899	116,154
Postretirement and pension benefits	74,833	83,390
Allowance for loan losses	425,855	516,643
Accelerated depreciation	1,963	1,963
FDIC-assisted transaction	85,609	95,851
Difference in outside basis from pass-through entities	18,570	20,209
Other temporary differences	28,722	24,957
Total gross deferred tax assets	782,270	879,801
Deferred tax liabilities:
Indefinite-lived intangibles	36,578	34,081
Unrealized net gain (loss) on trading and available-for-sale securities	40,840	23,823
Deferred loan origination costs	(2,741)
Other temporary differences	12,432	10,579
Total gross deferred tax liabilities	87,109	68,483
Valuation allowance	99,766	89,852
Net deferred tax asset	595,395	721,466
UNITED STATES
Deferred tax assets:
Tax credits available for carryforward	7,757	7,757
Net operating loss and other carryforward available	711,507	720,933
Postretirement and pension benefits	0	0
Allowance for loan losses	18,680	18,612
Accelerated depreciation	5,626	5,786
FDIC-assisted transaction	0	0
Difference in outside basis from pass-through entities	0	0
Other temporary differences	8,189	7,522
Total gross deferred tax assets	754,202	761,881
Deferred tax liabilities:
Indefinite-lived intangibles	43,164	39,597
Unrealized net gain (loss) on trading and available-for-sale securities	1,029	(12,783)
Deferred loan origination costs	3,027
Other temporary differences	1,109	1,109
Total gross deferred tax liabilities	48,329	27,923
Valuation allowance	392,643	406,455
Net deferred tax asset	313,230	327,503
Deferred loans origination fees
Deferred tax assets:
Deferred income		1,936
Deferred loans origination fees | PUERTO RICO
Deferred tax assets:
Deferred income		3,216
Deferred loans origination fees | UNITED STATES
Deferred tax assets:
Deferred income		(1,280)
Deferred gain
Deferred tax assets:
Deferred income	2,443	2,551
Deferred gain | PUERTO RICO
Deferred tax assets:
Deferred income	0	0
Deferred gain | UNITED STATES
Deferred tax assets:
Deferred income	2,443	2,551
Intercompany deferred gains
Deferred tax assets:
Deferred income	1,377	1,518
Intercompany deferred gains | PUERTO RICO
Deferred tax assets:
Deferred income	1,377	1,518
Intercompany deferred gains | UNITED STATES
Deferred tax assets:
Deferred income	$ 0	$ 0

Income taxes - Reconciliation o

Income taxes - Reconciliation of unrecognized tax benefits (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018
Income Tax Disclosure
Beginning Balance	$ 7.7	$ 7.5	$ 7.2	$ 7.8	$ 7.5	$ 7.3
Addition for tax positions	0	0.2	0.3	0.3	0.3	0.2
Reduction as a result of lapse of statute of limitations	0			(1.2)
Ending Balance	$ 7.7	$ 7.7	$ 7.5	$ 6.9	$ 7.8	$ 7.5

Income taxes - Additional Infor

Income taxes - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Income Taxes
Deferred Tax Assets Net	$ 909,638		$ 909,638		$ 1,049,895
Deferred Tax Assets Valuation Allowance	492,409		492,409		496,307
Deferred Tax Liabilities	135,438		135,438		96,406
Unrecognized Tax Benefits Interest On Income Taxes Accrued	3,100		3,100		2,800
Unrecognized Tax Benefits That Would Impact Effective Tax Rate	10,100		10,100		$ 9,000
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit	3,200		3,200
Recognized Tax Benefits Current Interest On Income Taxes Accrued			317	$ 477
Income Tax Expense Benefit	41,370	$ 42,018	$ 131,923	35,613
Computed income tax at statutory rates			37.50%		39.00%
Closing Agreement with the Puerto Rico Department of Treasury
Income Taxes
Income Tax Expense Benefit				108,900
FDIC Termination Agreement
Income Taxes
Income Tax Expense Benefit				45,000
"Deemed sale" incremental tax liability at the capital gains rate | Closing Agreement with the Puerto Rico Department of Treasury
Income Taxes
Income Tax Expense Benefit				49,800
Increase in the deferred tax asset due to increase in the tax basis of the loans | Closing Agreement with the Puerto Rico Department of Treasury
Income Taxes
Income Tax Expense Benefit				158,700
Other assets
Income Taxes
Deferred Tax Assets Net	900,000		$ 900,000		$ 1,000,000
Other liabilities
Income Taxes
Deferred Tax Liabilities	1,000		1,000		926
Popular, Inc Holding Co
Income Taxes
Deferred Tax Assets Valuation Allowance	99,800		99,800
PUERTO RICO
Income Taxes
Deferred Tax Assets Net	595,000		595,000
Deferred Tax Assets Valuation Allowance	99,766		99,766		89,852
Deferred Tax Liabilities	87,109		87,109		68,483
Income Tax Expense Benefit	$ 41,370	$ 42,018	$ 131,923	$ 35,613
Computed income tax at statutory rates	38.00%	39.00%	38.00%	39.00%
UNITED STATES
Income Taxes
Deferred Tax Assets Net	$ 313,000		$ 313,000
Deferred Tax Assets Valuation Allowance	392,643		392,643		406,455
Deferred Tax Assets	706,000		706,000
Deferred Tax Liabilities	$ 48,329		$ 48,329		$ 27,923

Supplemental disclosure on th_3

Supplemental disclosure on the consolidated statments of cash flows - Non-cash activities (Details) - USD ($)	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Cash Flow Noncash Investing And Financing Activities Disclosure Abstract
Loans transferred to other real estate	$ 44,575,000	$ 23,188,000
Loans transferred to other property	40,384,000	30,973,000
Total loans transferred to foreclosed assets	84,959,000	54,161,000
Loans transfered to other assets	14,174,000	11,218,000
Financed sales of other real estate assets	11,710,000	11,962,000
Financed sales of other foreclosed assets	22,047,000	12,347,000
Total financed sales of other foreclosed and real estate assets	33,757,000	24,309,000
Transfers from loans held-for-sale to loans held-in-portfolio	7,735,000	20,063,000
Loans securitized into investment securities	331,112,000	392,080,000
Trades receivables from brokers and counterparties	66,389,000	57,290,000
Trades payable to brokers and counterparties	26,782,000	22,244,000
Receivables from investment securities	0	19,000,000
Recognition of mortgage servicing rights on securitizations or asset transfers	6,728,000	7,871,000
Interest capitalized on loans subject to the temporary payment moratorium	0	481,000
Loans booked under the GNMA buy-back option	52,711,000	380,329,000
Gain from the FDIC termination agreement	0	102,752,000
Capitalization of lease right of use asset	169,123,000	0
Payable to Wells Fargo related to auto finance business acquisition	$ 0	$ 13,193

Supplemental disclosure on th_4

Supplemental disclosure on the consolidated statments of cash flows - Cash and due from banks, and restricted cash (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Dec. 31, 2017
Supplemental Cash Flow Information
Cash and due from banks	$ 476,815		$ 378,468
Restricted cash and due from banks	25,245		22,481
Restricted cash in money market investments	5,913		11,234
Total cash and due from banks, and restricted cash shown in the statement of cash flow	$ 507,973	$ 403,251	$ 412,183	$ 412,629

Segment reporting - Results of

Segment reporting - Results of Operations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Segment Reporting Information
Net Interest income (expense)	$ 476,991	$ 451,469	$ 1,424,270	$ 1,258,652
Provision (reversal) for loan losses	36,539	54,387	118,555	185,504
Non interest Income	142,712	151,021	417,468	499,327
Amortization of intangibles	2,399	2,324	7,082	6,973
Depreciation expense	14,204	13,508	42,928	39,083
Other operating expenses	359,872	349,605	1,036,900	979,051
Income tax expense (benefit)	41,370	42,018	131,923	35,613
Net income (loss)	165,319	140,648	504,350	511,755
Segment assets	52,480,415	47,919,428	52,480,415	47,919,428	$ 47,604,577
Reportable Segment
Segment Reporting Information
Net Interest income (expense)	486,577	464,720	1,452,891	1,300,181
Provision (reversal) for loan losses	36,541	54,421	118,298	185,579
Non interest Income	130,681	141,151	385,914	467,167
Amortization of intangibles	2,375	2,324	7,009	6,973
Depreciation expense	14,018	13,320	42,369	38,535
Other operating expenses	361,295	326,267	1,039,498	912,470
Income tax expense (benefit)	41,502	49,860	132,941	56,847
Net income (loss)	161,527	159,679	498,690	566,944
Segment assets	52,161,404	47,615,136	52,161,404	47,615,136
Intersegment Elimination
Segment Reporting Information
Net Interest income (expense)	4	3	(53)	5
Provision (reversal) for loan losses	0	0	0	0
Non interest Income	(140)	(141)	(421)	(420)
Amortization of intangibles	0	0	0	0
Depreciation expense	0	0	0	0
Other operating expenses	(136)	(136)	(409)	(409)
Income tax expense (benefit)	0	0	0	0
Net income (loss)	0	(2)	(65)	(6)
Segment assets	(14,414)	(112,222)	(14,414)	(112,222)
Corporate
Segment Reporting Information
Net Interest income (expense)	(9,586)	(13,251)	(28,621)	(41,529)
Provision (reversal) for loan losses	(2)	(34)	257	(75)
Non interest Income	12,137	9,960	33,537	33,698
Amortization of intangibles	24	0	73	0
Depreciation expense	186	188	559	548
Other operating expenses	(647)	23,995	(233)	68,766
Income tax expense (benefit)	(392)	(8,070)	(1,158)	(21,505)
Net income (loss)	3,382	(19,370)	5,418	(55,565)
Segment assets	5,134,608	5,478,884	5,134,608	5,478,884
Eliminations
Segment Reporting Information
Net Interest income (expense)	0	0	0	0
Provision (reversal) for loan losses	0	0	0	0
Non interest Income	(106)	(90)	(1,983)	(1,538)
Amortization of intangibles	0	0	0	0
Depreciation expense	0	0	0	0
Other operating expenses	(776)	(657)	(2,365)	(2,185)
Income tax expense (benefit)	260	228	140	271
Net income (loss)	410	339	242	376
Segment assets	(4,815,597)	(5,174,592)	(4,815,597)	(5,174,592)
Banco Popular de Puerto Rico | Reportable Segment
Segment Reporting Information
Net Interest income (expense)	412,182	388,533	1,231,088	1,073,522
Provision (reversal) for loan losses	34,481	51,911	94,651	154,805
Non interest Income	124,868	135,762	369,026	452,577
Amortization of intangibles	2,208	2,157	6,510	6,474
Depreciation expense	11,972	11,135	36,154	32,069
Other operating expenses	309,815	282,124	887,941	777,574
Income tax expense (benefit)	35,286	39,421	117,413	41,088
Net income (loss)	143,288	137,547	457,445	514,089
Segment assets	42,080,292	38,338,571	42,080,292	38,338,571
Banco Popular de Puerto Rico | Reportable Segment | Commercial Banking
Segment Reporting Information
Net Interest income (expense)	160,038	145,397	464,441	430,341
Provision (reversal) for loan losses	(23,619)	25,580	(22,756)	56,027
Non interest Income	25,196	23,630	74,481	60,122
Amortization of intangibles	50	50	147	153
Depreciation expense	5,064	4,697	14,615	13,327
Other operating expenses	82,817	78,628	229,767	199,528
Income tax expense (benefit)	29,340	11,068	88,353	52,640
Net income (loss)	91,582	49,004	228,796	168,788
Segment assets	35,590,229	28,247,478	35,590,229	28,247,478
Banco Popular de Puerto Rico | Reportable Segment | Consumer and Retail Banking
Segment Reporting Information
Net Interest income (expense)	250,944	241,920	762,913	639,149
Provision (reversal) for loan losses	58,100	26,331	117,407	98,778
Non interest Income	75,854	88,866	220,064	220,690
Amortization of intangibles	1,072	1,069	3,218	3,209
Depreciation expense	6,753	6,287	21,071	18,284
Other operating expenses	210,753	183,626	611,348	518,147
Income tax expense (benefit)	2,649	27,436	19,878	46,625
Net income (loss)	47,471	86,037	210,055	174,796
Segment assets	23,714,260	22,672,941	23,714,260	22,672,941
Banco Popular de Puerto Rico | Reportable Segment | Other Financial Services
Segment Reporting Information
Net Interest income (expense)	1,212	1,232	3,857	4,066
Provision (reversal) for loan losses	0	0	0	0
Non interest Income	24,545	23,663	76,733	69,876
Amortization of intangibles	1,086	1,038	3,145	3,112
Depreciation expense	155	151	468	458
Other operating expenses	16,986	20,279	49,076	52,679
Income tax expense (benefit)	3,297	917	9,182	5,711
Net income (loss)	4,233	2,510	18,719	11,982
Segment assets	379,126	336,311	379,126	336,311
Banco Popular de Puerto Rico | Reportable Segment | Eliminations
Segment Reporting Information
Net Interest income (expense)	(12)	(16)	(123)	(34)
Provision (reversal) for loan losses	0	0	0	0
Non interest Income	(727)	(397)	(2,252)	101,889
Amortization of intangibles	0	0	0	0
Depreciation expense	0	0	0	0
Other operating expenses	(741)	(409)	(2,250)	7,220
Income tax expense (benefit)	0	0	0	(63,888)
Net income (loss)	2	(4)	(125)	158,523
Segment assets	(17,603,323)	(12,918,159)	(17,603,323)	(12,918,159)
PB | Reportable Segment
Segment Reporting Information
Net Interest income (expense)	74,391	76,184	221,856	226,654
Provision (reversal) for loan losses	2,060	2,510	23,647	30,774
Non interest Income	5,953	5,530	17,309	15,010
Amortization of intangibles	167	167	499	499
Depreciation expense	2,046	2,185	6,215	6,466
Other operating expenses	51,616	44,279	151,966	135,305
Income tax expense (benefit)	6,216	10,439	15,528	15,759
Net income (loss)	18,239	22,134	41,310	52,861
Segment assets	$ 10,095,526	$ 9,388,787	$ 10,095,526	$ 9,388,787

Segment reporting - Results o_2

Segment reporting - Results of Operations - Parenthetical (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Segment Reporting Information
Gain from the FDIC termination agreement			$ 0	$ 102,752
Income tax expense (benefit)	$ 41,370	$ 42,018	$ 131,923	35,613
Termination Agreement With FDIC and Tax Closing Agreement
Segment Reporting Information
Gain from the FDIC termination agreement				102,800
Other operating expenses				8,100
Income tax expense (benefit)				$ 63,900

Segment reporting - Geographic

Segment reporting - Geographic information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Segment Reporting Information
Net Revenue	$ 619,703	$ 602,490	$ 1,841,738	$ 1,757,979
PUERTO RICO
Segment Reporting Information
Net Revenue	505,608	493,512	1,507,386	1,435,099
UNITED STATES
Segment Reporting Information
Net Revenue	94,510	90,659	278,330	264,232
Other
Segment Reporting Information
Net Revenue	$ 19,585	$ 18,319	$ 56,022	$ 58,648

Segment reporting - Selected Ba

Segment reporting - Selected Balance Sheet information (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018
Segment Reporting Information
Total assets	$ 52,480,415	$ 47,604,577	$ 47,919,428
Deposits	44,166,195	39,710,039
PUERTO RICO
Segment Reporting Information
Total assets	40,883,975	36,863,930
Loans	18,752,442	18,837,742
Deposits	35,110,213	31,237,529
UNITED STATES
Segment Reporting Information
Total assets	10,716,967	9,847,944
Loans	7,649,658	7,034,075
Deposits	7,676,409	6,878,599
Other
Segment Reporting Information
Total assets	879,473	892,703
Loans	662,245	687,494
Deposits	$ 1,379,573	$ 1,593,911

Segment Reporting - Additional

Segment Reporting - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2018
Popular U.S.
Segment Reporting Information
Intercompany billings	$ 3.3	$ 9.5
Banco Popular de Puerto Rico
Segment Reporting Information
Intercompany billings	$ 21.8	$ 59.3

Condensed Consolidating Stateme

Condensed Consolidating Statement of Condition (Details) - USD ($)	Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2017
Assets:
Cash and due from banks	$ 502,060,000		$ 394,035,000
Money market investments	5,168,585,000		4,171,048,000
Trading account debt securities, at fair value	36,303,000		37,787,000
Debt securities available-for-sale, at fair value	16,479,110,000		13,300,184,000
Debt securities held-to-maturity, at amortized cost	97,707,000		101,575,000
Equity securities	160,458,000		155,584,000
Investment in subsidiaries	0		0
Loans held-for-sale, at lower of cost or fair value	56,370,000		51,422,000
Loans held-in-portfolio:
Loans held-in-portfolio	27,181,241,000		26,663,713,000
Less - Unearned income	173,266,000		155,824,000
Allowance for loan losses	512,365,000	$ 543,666,000	569,348,000	$ 633,718,000	$ 643,018,000	$ 623,426,000
Total loans held-in-portfolio, net	26,495,610,000		25,938,541,000
Premises and equipment, net	547,063,000		569,808,000
Other real estate	117,928,000		136,705,000
Accrued income receivable	164,778,000		166,022,000
Mortgage servicing assets, at fair value	150,652,000		169,777,000	162,779,000		168,031,000
Other assets	1,811,190,000		1,714,134,000
Goodwill	671,122,000		671,122,000	687,536,000		627,294,000
Other intangible assets	21,479,000		26,833,000
Total assets	52,480,415,000		47,604,577,000	47,919,428,000
Deposits:
Non-interest bearing	8,771,970,000		9,149,036,000
Interest bearing	35,394,225,000		30,561,003,000
Total deposits	44,166,195,000		39,710,039,000
Assets sold under agreements to repurchase	213,097,000		281,529,000
Other short-term borrowings	0		42,000
Notes payable	1,166,670,000		1,256,102,000
Other liabilities	1,026,005,000		921,808,000
Total liabilities	46,571,967,000		42,169,520,000
Stockholders' equity:
Preferred stock	50,160,000		50,160,000
Common stock	1,044,000		1,043,000
Surplus	4,317,556,000		4,365,606,000
Retained Earnings (Accumulated Deficit)	2,071,198,000		1,651,731,000
Treasury stock, at cost	(392,630,000)		(205,509,000)
Accumulated other comprehensive (loss) income, net of tax	(138,880,000)		(427,974,000)	(534,189,000)
Total stockholders' equity	5,908,448,000	$ 5,719,834,000	5,435,057,000	$ 5,244,349,000	$ 5,289,661,000	$ 5,103,905,000
Total liabilities and stockholders' equity	52,480,415,000		47,604,577,000
Elimination
Assets:
Cash and due from banks	(114,895,000)		(68,022,000)
Money market investments	(153,657,000)		(191,288,000)
Trading account debt securities, at fair value	0		0
Debt securities available-for-sale, at fair value	0		0
Debt securities held-to-maturity, at amortized cost	0		0
Equity securities	(182,000)		(141,000)
Investment in subsidiaries	(7,945,578,000)		(7,404,201,000)
Loans held-for-sale, at lower of cost or fair value	0		0
Loans held-in-portfolio:
Loans held-in-portfolio	5,955,000		5,955,000
Less - Unearned income	0		0
Allowance for loan losses	0		0
Total loans held-in-portfolio, net	5,955,000		5,955,000
Premises and equipment, net	0		0
Other real estate	0		0
Accrued income receivable	(112,000)		(145,000)
Mortgage servicing assets, at fair value	0		0
Other assets	(18,647,000)		(15,697,000)
Goodwill	(1,000)		(1,000)
Other intangible assets	0		0
Total assets	(8,227,117,000)		(7,673,540,000)
Deposits:
Non-interest bearing	(114,895,000)		(68,022,000)
Interest bearing	(153,657,000)		(191,288,000)
Total deposits	(268,552,000)		(259,310,000)
Assets sold under agreements to repurchase	0		0
Other short-term borrowings			0
Notes payable	0		0
Other liabilities	(19,190,000)		(16,011,000)
Total liabilities	(287,742,000)		(275,321,000)
Stockholders' equity:
Preferred stock	0		0
Common stock	(56,309,000)		(56,309,000)
Surplus	(9,946,560,000)		(9,954,780,000)
Retained Earnings (Accumulated Deficit)	1,934,338,000		2,143,263,000
Treasury stock, at cost	(109,000)		(88,000)
Accumulated other comprehensive (loss) income, net of tax	129,265,000		469,695,000
Total stockholders' equity	(7,939,375,000)		(7,398,219,000)
Total liabilities and stockholders' equity	(8,227,117,000)		(7,673,540,000)
Popular, Inc. Holding Co.
Assets:
Cash and due from banks	114,897,000		68,022,000
Money market investments	141,513,000		176,256,000
Trading account debt securities, at fair value	0		0
Debt securities available-for-sale, at fair value	0		0
Debt securities held-to-maturity, at amortized cost	8,726,000		8,726,000
Equity securities	9,918,000		6,693,000
Investment in subsidiaries	6,150,826,000		5,704,119,000
Loans held-for-sale, at lower of cost or fair value	0		0
Loans held-in-portfolio:
Loans held-in-portfolio	32,163,000		32,678,000
Less - Unearned income	0		0
Allowance for loan losses	412,000		155,000
Total loans held-in-portfolio, net	31,751,000		32,523,000
Premises and equipment, net	3,583,000		3,394,000
Other real estate	146,000		146,000
Accrued income receivable	277,000		284,000
Mortgage servicing assets, at fair value	0		0
Other assets	91,858,000		76,073,000
Goodwill	0		0
Other intangible assets	6,488,000		6,559,000
Total assets	6,559,983,000		6,082,795,000
Deposits:
Non-interest bearing	0		0
Interest bearing	0		0
Total deposits	0		0
Assets sold under agreements to repurchase	0		0
Other short-term borrowings			0
Notes payable	585,802,000		584,851,000
Other liabilities	65,802,000		62,799,000
Total liabilities	651,604,000		647,650,000
Stockholders' equity:
Preferred stock	50,160,000		50,160,000
Common stock	1,044,000		1,043,000
Surplus	4,308,851,000		4,357,079,000
Retained Earnings (Accumulated Deficit)	2,079,725,000		1,660,258,000
Treasury stock, at cost	(392,521,000)		(205,421,000)
Accumulated other comprehensive (loss) income, net of tax	(138,880,000)		(427,974,000)
Total stockholders' equity	5,908,379,000		5,435,145,000
Total liabilities and stockholders' equity	6,559,983,000		6,082,795,000
PNA Holding Co.
Assets:
Cash and due from banks	0		0
Money market investments	12,657,000		15,288,000
Trading account debt securities, at fair value	0		0
Debt securities available-for-sale, at fair value	0		0
Debt securities held-to-maturity, at amortized cost	2,835,000		2,835,000
Equity securities	20,000		20,000
Investment in subsidiaries	1,794,752,000		1,700,082,000
Loans held-for-sale, at lower of cost or fair value	0		0
Loans held-in-portfolio:
Loans held-in-portfolio	0		0
Less - Unearned income	0		0
Allowance for loan losses	0		0
Total loans held-in-portfolio, net	0		0
Premises and equipment, net	0		0
Other real estate	0		0
Accrued income receivable	17,000		116,000
Mortgage servicing assets, at fair value	0		0
Other assets	24,432,000		27,639,000
Goodwill	0		0
Other intangible assets	0		0
Total assets	1,834,713,000		1,745,980,000
Deposits:
Non-interest bearing	0		0
Interest bearing	0		0
Total deposits	0		0
Assets sold under agreements to repurchase	0		0
Other short-term borrowings			0
Notes payable	94,084,000		94,063,000
Other liabilities	1,651,000		3,287,000
Total liabilities	95,735,000		97,350,000
Stockholders' equity:
Preferred stock	0		0
Common stock	2,000		2,000
Surplus	4,173,120,000		4,172,983,000
Retained Earnings (Accumulated Deficit)	(2,437,754,000)		(2,479,503,000)
Treasury stock, at cost	0		0
Accumulated other comprehensive (loss) income, net of tax	3,610,000		(44,852,000)
Total stockholders' equity	1,738,978,000		1,648,630,000
Total liabilities and stockholders' equity	1,834,713,000		1,745,980,000
All other subsidiaries and eliminations
Assets:
Cash and due from banks	502,058,000		394,035,000
Money market investments	5,168,072,000		4,170,792,000
Trading account debt securities, at fair value	36,303,000		37,787,000
Debt securities available-for-sale, at fair value	16,479,110,000		13,300,184,000
Debt securities held-to-maturity, at amortized cost	86,146,000		90,014,000
Equity securities	150,702,000		149,012,000
Investment in subsidiaries	0		0
Loans held-for-sale, at lower of cost or fair value	56,370,000		51,422,000
Loans held-in-portfolio:
Loans held-in-portfolio	27,143,123,000		26,625,080,000
Less - Unearned income	173,266,000		155,824,000
Allowance for loan losses	511,953,000		569,193,000
Total loans held-in-portfolio, net	26,457,904,000		25,900,063,000
Premises and equipment, net	543,480,000		566,414,000
Other real estate	117,782,000		136,559,000
Accrued income receivable	164,596,000		165,767,000
Mortgage servicing assets, at fair value	150,652,000		169,777,000
Other assets	1,713,547,000		1,626,119,000
Goodwill	671,123,000		671,123,000
Other intangible assets	14,991,000		20,274,000
Total assets	52,312,836,000		47,449,342,000
Deposits:
Non-interest bearing	8,886,865,000		9,217,058,000
Interest bearing	35,547,882,000		30,752,291,000
Total deposits	44,434,747,000		39,969,349,000
Assets sold under agreements to repurchase	213,097,000		281,529,000
Other short-term borrowings			42,000
Notes payable	486,784,000		577,188,000
Other liabilities	977,742,000		871,733,000
Total liabilities	46,112,370,000		41,699,841,000
Stockholders' equity:
Preferred stock	0		0
Common stock	56,307,000		56,307,000
Surplus	5,782,145,000		5,790,324,000
Retained Earnings (Accumulated Deficit)	494,889,000		327,713,000
Treasury stock, at cost	0		0
Accumulated other comprehensive (loss) income, net of tax	(132,875,000)		(424,843,000)
Total stockholders' equity	6,200,466,000		5,749,501,000
Total liabilities and stockholders' equity	$ 52,312,836,000		$ 47,449,342,000

Condensed Consolidating State_2

Condensed Consolidating Statement of Operations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
INTEREST AND DIVIDEND INCOME:
Dividend income from subsidiaries	$ 0	$ 0	$ 0	$ 0
Loans	453,315	430,637	1,355,232	1,190,498
Money market investments	19,119	27,581	70,873	86,258
Investment securities	99,542	70,147	274,819	185,537
Total interest and dividend income	571,976	528,365	1,700,924	1,462,293
INTEREST EXPENSE:
Deposits	78,760	55,134	228,035	139,050
Short-term borrowings	1,572	1,622	4,828	5,387
Long-term debt	14,653	20,140	43,791	59,204
Total interest expense	94,985	76,896	276,654	203,641
Net interest income	476,991	451,469	1,424,270	1,258,652
Provision for loan losses	36,539	54,387	118,555	185,504
Net interest income after provision for loan losses	440,452	397,082	1,305,715	1,073,148
Mortgage banking activities	10,492	11,269	18,645	33,408
Net loss on sale of debt securities	(20)	0	(20)	0
Net gain (loss), including impairment on equity securities	213	370	2,174	(42)
Net profit (loss) on trading account debt securities	295	(122)	977	(299)
Adjustments To Indemnity Reserves On Loans Sold	(3,411)	(3,029)	(1,664)	(6,482)
FDIC loss-share expense	0	0	0	94,725
Other operating income	22,865	40,070	68,432	78,519
Total non-interest income	142,712	151,021	417,468	499,327
Operating expenses:
Personnel costs	147,682	139,757	432,298	389,941
Net occupancy expenses	24,595	18,602	71,431	63,829
Equipment expenses	21,596	18,303	62,624	53,284
Other taxes	14,028	11,923	38,267	33,701
Professional fees	98,561	83,860	281,275	260,748
Communications	5,881	6,054	17,685	17,342
Business promotion	18,365	15,478	52,158	44,265
FDIC deposit insurance	2,923	8,610	13,007	22,534
Other real estate owned (O R E O) expenses	(185)	7,950	3,729	21,028
Other operating expenses	40,630	52,576	107,354	111,462
Amortization of intangibles	2,399	2,324	7,082	6,973
Total opearating expense	376,475	365,437	1,086,910	1,025,107
Income (loss) before income taxes and equity in undistributed earnings of subsidiaries	206,689	182,666	636,273	547,368
Income tax expense (benefit)	41,370	42,018	131,923	35,613
Income (loss) before equity in undistributed earnings of subdidiaries	165,319	140,648	504,350	511,755
Equity in undistributed earnings (losses) of subsidiaries	0	0	0	0
Net income	165,319	140,648	504,350	511,755
Comprehensive income (loss), net of tax	217,652	103,251	793,444	328,218
Service charges on deposit accounts
INTEREST EXPENSE:
Revenue from contract with customer	40,969	38,147	119,277	111,704
Other services
INTEREST EXPENSE:
Revenue from contract with customer	71,309	64,316	209,647	187,794
Elimination
INTEREST AND DIVIDEND INCOME:
Dividend income from subsidiaries	(102,000)	(52,000)	(356,300)	(402,000)
Loans	0	(22)	0	(49)
Money market investments	(814)	(2,446)	(2,659)	(4,285)
Investment securities	0	0	0	0
Total interest and dividend income	(102,814)	(54,468)	(358,959)	(406,334)
INTEREST EXPENSE:
Deposits	(814)	(2,446)	(2,659)	(4,285)
Short-term borrowings	0	(22)	0	(49)
Long-term debt	0	0	0	0
Total interest expense	(814)	(2,468)	(2,659)	(4,334)
Net interest income	(102,000)	(52,000)	(356,300)	(402,000)
Provision for loan losses	0	0	0	0
Net interest income after provision for loan losses	(102,000)	(52,000)	(356,300)	(402,000)
Mortgage banking activities	0	0	0	0
Net loss on sale of debt securities	0		0
Net gain (loss), including impairment on equity securities	1	(18)	(21)	(48)
Net profit (loss) on trading account debt securities	0	0	0	0
Adjustments To Indemnity Reserves On Loans Sold	0	0	0	0
FDIC loss-share expense				0
Other operating income	(21)	(6)	(41)	(31)
Total non-interest income	(104)	(90)	(1,982)	(1,538)
Operating expenses:
Personnel costs	0	0	0	0
Net occupancy expenses	0	0	(43)	0
Equipment expenses	0	0	0	0
Other taxes	0	0	0	0
Professional fees	(85)	(66)	(414)	(389)
Communications	0	0	0	0
Business promotion	0	0	0	0
FDIC deposit insurance	0	0	0	0
Other real estate owned (O R E O) expenses	0	0	0	0
Other operating expenses	(690)	(591)	(1,908)	(1,796)
Amortization of intangibles	0	0	0	0
Total opearating expense	(775)	(657)	(2,365)	(2,185)
Income (loss) before income taxes and equity in undistributed earnings of subsidiaries	(101,329)	(51,433)	(355,917)	(401,353)
Income tax expense (benefit)	261	228	140	271
Income (loss) before equity in undistributed earnings of subdidiaries	(101,590)	(51,661)	(356,057)	(401,624)
Equity in undistributed earnings (losses) of subsidiaries	(84,352)	(114,298)	(199,261)	(177,893)
Net income	(185,942)	(165,959)	(555,318)	(579,517)
Comprehensive income (loss), net of tax	(248,464)	(123,139)	(895,748)	(362,123)
Elimination | Service charges on deposit accounts
INTEREST EXPENSE:
Revenue from contract with customer	0	0	0	0
Elimination | Other services
INTEREST EXPENSE:
Revenue from contract with customer	(84)	(66)	(1,920)	(1,459)
Non Covered Under Loss Sharing Agreements with FDIC
INTEREST EXPENSE:
Provision for loan losses	36,539	54,387	118,555	183,774
Non Covered Under Loss Sharing Agreements with FDIC | Elimination
INTEREST EXPENSE:
Provision for loan losses				0
Covered loans
INTEREST EXPENSE:
Provision for loan losses	0	0	0	1,730
Covered loans | Elimination
INTEREST EXPENSE:
Provision for loan losses				0
Popular, Inc. Holding Co.
INTEREST AND DIVIDEND INCOME:
Dividend income from subsidiaries	102,000	52,000	356,300	402,000
Loans	576	537	1,661	1,601
Money market investments	758	2,429	2,498	4,267
Investment securities	160	150	473	447
Total interest and dividend income	103,494	55,116	360,932	408,315
INTEREST EXPENSE:
Deposits	0	0	0	0
Short-term borrowings	0	0	0	0
Long-term debt	9,632	14,045	28,896	40,280
Total interest expense	9,632	14,045	28,896	40,280
Net interest income	93,862	41,071	332,036	368,035
Provision for loan losses	(2)	(34)	257	(75)
Net interest income after provision for loan losses	93,864	41,105	331,779	368,110
Mortgage banking activities	0	0	0	0
Net loss on sale of debt securities	0		0
Net gain (loss), including impairment on equity securities	64	172	934	176
Net profit (loss) on trading account debt securities	0	0	0	0
Adjustments To Indemnity Reserves On Loans Sold	0	0	0	0
FDIC loss-share expense				0
Other operating income	4,626	3,643	13,431	11,139
Total non-interest income	4,690	3,815	14,367	11,315
Operating expenses:
Personnel costs	14,207	15,803	46,910	43,365
Net occupancy expenses	1,006	984	3,231	3,081
Equipment expenses	917	1,037	2,616	2,581
Other taxes	61	71	185	168
Professional fees	6,370	3,889	13,780	13,245
Communications	150	144	483	380
Business promotion	754	520	2,435	1,323
FDIC deposit insurance	0	0	0	0
Other real estate owned (O R E O) expenses	0	0	0	0
Other operating expenses	(24,112)	(23,600)	(69,904)	(64,352)
Amortization of intangibles	24	0	73	0
Total opearating expense	(623)	(1,152)	(191)	(209)
Income (loss) before income taxes and equity in undistributed earnings of subsidiaries	99,177	46,072	346,337	379,634
Income tax expense (benefit)	0	0	0	0
Income (loss) before equity in undistributed earnings of subdidiaries	99,177	46,072	346,337	379,634
Equity in undistributed earnings (losses) of subsidiaries	66,142	94,576	158,013	132,121
Net income	165,319	140,648	504,350	511,755
Comprehensive income (loss), net of tax	217,652	103,251	793,444	328,218
Popular, Inc. Holding Co. | Service charges on deposit accounts
INTEREST EXPENSE:
Revenue from contract with customer	0	0	0	0
Popular, Inc. Holding Co. | Other services
INTEREST EXPENSE:
Revenue from contract with customer	0	0	2	0
Popular, Inc. Holding Co. | Non Covered Under Loss Sharing Agreements with FDIC
INTEREST EXPENSE:
Provision for loan losses				(75)
Popular, Inc. Holding Co. | Covered loans
INTEREST EXPENSE:
Provision for loan losses				0
PNA Holding Co.
INTEREST AND DIVIDEND INCOME:
Dividend income from subsidiaries	0	0	0	0
Loans	0	0	0	0
Money market investments	55	16	161	18
Investment securities	46	72	139	233
Total interest and dividend income	101	88	300	251
INTEREST EXPENSE:
Deposits	0	0	0	0
Short-term borrowings	0	22	0	49
Long-term debt	1,556	2,390	4,671	7,773
Total interest expense	1,556	2,412	4,671	7,822
Net interest income	(1,455)	(2,324)	(4,371)	(7,571)
Provision for loan losses	0	0	0	0
Net interest income after provision for loan losses	(1,455)	(2,324)	(4,371)	(7,571)
Mortgage banking activities	0	0	0	0
Net loss on sale of debt securities	0		0
Net gain (loss), including impairment on equity securities	0	0	0	0
Net profit (loss) on trading account debt securities	0	0	0	0
Adjustments To Indemnity Reserves On Loans Sold	0	0	0	0
FDIC loss-share expense				0
Other operating income	(350)	(118)	(984)	278
Total non-interest income	(350)	(118)	(984)	278
Operating expenses:
Personnel costs	0	0	0	0
Net occupancy expenses	0	0	0	0
Equipment expenses	1	0	3	2
Other taxes	0	0	1	1
Professional fees	13	20	68	128
Communications	0	0	0	0
Business promotion	0	0	0	0
FDIC deposit insurance	0	0	0	0
Other real estate owned (O R E O) expenses	0	0	0	0
Other operating expenses	14	13	43	67
Amortization of intangibles	0	0	0	0
Total opearating expense	28	33	115	198
Income (loss) before income taxes and equity in undistributed earnings of subsidiaries	(1,833)	(2,475)	(5,470)	(7,491)
Income tax expense (benefit)	(385)	(520)	(1,149)	372
Income (loss) before equity in undistributed earnings of subdidiaries	(1,448)	(1,955)	(4,321)	(7,863)
Equity in undistributed earnings (losses) of subsidiaries	18,210	19,722	41,248	45,772
Net income	16,762	17,767	36,927	37,909
Comprehensive income (loss), net of tax	25,872	11,770	85,389	3,755
PNA Holding Co. | Service charges on deposit accounts
INTEREST EXPENSE:
Revenue from contract with customer	0	0	0	0
PNA Holding Co. | Other services
INTEREST EXPENSE:
Revenue from contract with customer	0	0	0	0
PNA Holding Co. | Non Covered Under Loss Sharing Agreements with FDIC
INTEREST EXPENSE:
Provision for loan losses				0
PNA Holding Co. | Covered loans
INTEREST EXPENSE:
Provision for loan losses				0
All other subsidiaries and eliminations
INTEREST AND DIVIDEND INCOME:
Dividend income from subsidiaries	0	0	0	0
Loans	452,739	430,122	1,353,571	1,188,946
Money market investments	19,120	27,582	70,873	86,258
Investment securities	99,336	69,925	274,207	184,857
Total interest and dividend income	571,195	527,629	1,698,651	1,460,061
INTEREST EXPENSE:
Deposits	79,574	57,580	230,694	143,335
Short-term borrowings	1,572	1,622	4,828	5,387
Long-term debt	3,465	3,705	10,224	11,151
Total interest expense	84,611	62,907	245,746	159,873
Net interest income	486,584	464,722	1,452,905	1,300,188
Provision for loan losses	36,541	54,421	118,298	185,579
Net interest income after provision for loan losses	450,043	410,301	1,334,607	1,114,609
Mortgage banking activities	10,492	11,269	18,645	33,408
Net loss on sale of debt securities	(20)		(20)
Net gain (loss), including impairment on equity securities	148	216	1,261	(170)
Net profit (loss) on trading account debt securities	295	(122)	977	(299)
Adjustments To Indemnity Reserves On Loans Sold	(3,411)	(3,029)	(1,664)	(6,482)
FDIC loss-share expense				94,725
Other operating income	18,610	36,551	56,026	67,133
Total non-interest income	138,476	147,414	406,067	489,272
Operating expenses:
Personnel costs	133,475	123,954	385,388	346,576
Net occupancy expenses	23,589	17,618	68,243	60,748
Equipment expenses	20,678	17,266	60,005	50,701
Other taxes	13,967	11,852	38,081	33,532
Professional fees	92,263	80,017	267,841	247,764
Communications	5,731	5,910	17,202	16,962
Business promotion	17,611	14,958	49,723	42,942
FDIC deposit insurance	2,923	8,610	13,007	22,534
Other real estate owned (O R E O) expenses	(185)	7,950	3,729	21,028
Other operating expenses	65,418	76,754	179,123	177,543
Amortization of intangibles	2,375	2,324	7,009	6,973
Total opearating expense	377,845	367,213	1,089,351	1,027,303
Income (loss) before income taxes and equity in undistributed earnings of subsidiaries	210,674	190,502	651,323	576,578
Income tax expense (benefit)	41,494	42,310	132,932	34,970
Income (loss) before equity in undistributed earnings of subdidiaries	169,180	148,192	518,391	541,608
Equity in undistributed earnings (losses) of subsidiaries	0	0	0	0
Net income	169,180	148,192	518,391	541,608
Comprehensive income (loss), net of tax	222,592	111,369	810,359	358,368
All other subsidiaries and eliminations | Service charges on deposit accounts
INTEREST EXPENSE:
Revenue from contract with customer	40,969	38,147	119,277	111,704
All other subsidiaries and eliminations | Other services
INTEREST EXPENSE:
Revenue from contract with customer	$ 71,393	$ 64,382	$ 211,565	189,253
All other subsidiaries and eliminations | Non Covered Under Loss Sharing Agreements with FDIC
INTEREST EXPENSE:
Provision for loan losses				183,849
All other subsidiaries and eliminations | Covered loans
INTEREST EXPENSE:
Provision for loan losses				$ 1,730

Condensed Consolidating State_3

Condensed Consolidating Statement of Cash Flow (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Cash flows from operating activities:
Net income	$ 165,319,000	$ 140,648,000	$ 504,350,000	$ 511,755,000
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Equity in earnings of subsidiaries, net of dividends or distributions			0	0
Provision for loan losses	36,539,000	54,387,000	118,555,000	185,504,000
Goodwill impairment charge				0
Amortization of intangibles			7,082,000	6,973,000
Depreciation and amortization of premises and equipment			42,928,000	39,083,000
Net accretion of discounts and amortization of premiums and deferred fees			(126,548,000)	(43,533,000)
Share-based compensation			11,418,000	5,962,000
Impairment losses on long-lived assets			2,591,000	272,000
FDIC loss-share expense			0	(94,725,000)
Fair value adjustments on mortgage servicing rights			25,853,000	13,123,000
Adjustments to indemnity reserves on loans sold	3,411,000	3,029,000	1,664,000	6,482,000
Earnings from investments under the equity method, net of dividends or distributions			(18,461,000)	(14,772,000)
Deferred income tax (benefit) expense			110,058,000	(97,708,000)
Loss (gain) on:
Disposition of premises and equipment and other productive assets			(5,133,000)	17,694,000
Proceeds from insurance claims			0	(14,411,000)
Sale of debt securities			20,000	0
Sale of loans, including valuation adjustments on loans held-for-sale and mortgage banking activities			(11,360,000)	(6,734,000)
Sale of foreclosed assets, including write-downs			(15,858,000)	(638,000)
Acquisitions of loans held-for-sale			(157,993,000)	(173,644,000)
Proceeds from sale of loans held-for-sale			51,067,000	51,131,000
Net originations on loans held-for-sale			(208,875,000)	(186,063,000)
Net decrease (increase) in:
Trading debt securities			333,013,000	346,455,000
Equity securities			(6,482,000)	(2,480,000)
Accrued income receivable			7,724,000	51,868,000
Other assets			(12,837,000)	234,836,000
Net (decrease) increase in:
Interest payable			(6,900,000)	(9,933,000)
Pension and other postretirement benefits obligation			(4,979,000)	3,392,000
Other liabilities			(102,049,000)	(197,035,000)
Total adjustments			34,498,000	121,099,000
Net cash (used in) provided by operating activities			538,848,000	632,854,000
Cash flows from investing activities:
Net decrease in money market investments			(1,000,840,000)	647,519,000
Purchases of investment securities:
Available-for-sale			(13,579,074,000)	(6,968,920,000)
Equity			(15,474,000)	(11,304,000)
Proceeds from calls, paydowns, maturities and redemptions of investment securities:
Available-for-sale			10,671,630,000	3,925,362,000
Held-to-maturity			5,325,000	7,184,000
Proceeds from sale of investment securities:
Available-for-sale	99,000,000		99,445,000	0
Equity			17,083,000	20,925,000
Net (disbursements) repayments on loans			(324,479,000)	(15,604,000)
Proceeds from sale of loans			77,327,000	1,354,000
Acquisition of loan portfolios			(421,482,000)	(461,117,000)
Payments to acquire other intangible			(793,000)	0
Net payments (to) from FDIC under loss sharing agreements			0	(25,012,000)
Return of capital from equity method investments			2,747,000	2,501,000
Payments to acquire businesses, net of cash acquired			0	(1,830,050,000)
Capital Contribution Subsidiaries			0	0
Return of capital from wholly owned subsidiaries			0	0
Acquisition of premises and equipment			(45,961,000)	(53,144,000)
Proceeds from insurance claims			0	14,411,000
Proceeds from sale of:
Premises and equipment and other productive assets			17,186,000	6,991,000
Foreclosed assets			83,848,000	85,622,000
Net cash (used in) provided by investing activities			(4,413,512,000)	(4,653,282,000)
Net increase (decrease) in:
Deposits			4,454,466,000	4,193,859,000
Assets sold under agreements to repurchase			(68,433,000)	(90,805,000)
Other short-term borrowings			(41,000)	(95,008,000)
Payments of notes payable			(144,991,000)	(226,976,000)
Principal payments of finance leases			(1,269,000)	0
Proceeds from issuance of notes payable			75,000,000	434,706,000
Proceeds from issuance of common stock			6,523,000	10,852,000
Dividends paid to parent company			0	0
Dividends paid			(85,863,000)	(79,115,000)
Net payments for repurchase of common stock			(250,574,000)	(125,326,000)
Return of capital to parent company			0	0
Capital contribution from parent			0	0
Payments related to tax witholding for share-based compensation			(5,432,000)	(2,205,000)
Net cash (used in) provided by financing activities			3,979,386,000	4,019,982,000
Net (decrease) increase in cash and due from banks, and restricted cash			104,722,000	(446,000)
Cash and due from banks and restricted cash at beginning of period			403,251,000	412,629,000
Cash and due from banks and restricted cash at end of period	507,973,000	412,183,000	507,973,000	412,183,000
Elimination
Cash flows from operating activities:
Net income	(185,942,000)	(165,959,000)	(555,318,000)	(579,517,000)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Equity in earnings of subsidiaries, net of dividends or distributions			199,261,000	177,893,000
Provision for loan losses	0	0	0	0
Amortization of intangibles			0	0
Depreciation and amortization of premises and equipment			0	0
Net accretion of discounts and amortization of premiums and deferred fees			0	0
Share-based compensation			0	0
Impairment losses on long-lived assets			0	0
FDIC loss-share expense				0
Fair value adjustments on mortgage servicing rights			0	0
Adjustments to indemnity reserves on loans sold	0	0	0	0
Earnings from investments under the equity method, net of dividends or distributions			0	0
Deferred income tax (benefit) expense			140,000	270,000
Loss (gain) on:
Disposition of premises and equipment and other productive assets			0	0
Proceeds from insurance claims				0
Sale of debt securities			0
Sale of loans, including valuation adjustments on loans held-for-sale and mortgage banking activities			0	0
Sale of foreclosed assets, including write-downs			0	0
Acquisitions of loans held-for-sale			0	0
Proceeds from sale of loans held-for-sale			0	0
Net originations on loans held-for-sale			0	0
Net decrease (increase) in:
Trading debt securities			0	(101,000)
Equity securities			0	0
Accrued income receivable			(33,000)	410,000
Other assets			2,809,000	(449,000)
Net (decrease) increase in:
Interest payable			33,000	(410,000)
Pension and other postretirement benefits obligation			0	0
Other liabilities			(3,212,000)	(246,000)
Total adjustments			198,998,000	177,367,000
Net cash (used in) provided by operating activities			(356,320,000)	(402,150,000)
Cash flows from investing activities:
Net decrease in money market investments			(37,631,000)	402,230,000
Purchases of investment securities:
Available-for-sale			0	0
Equity			41,000	152,000
Proceeds from calls, paydowns, maturities and redemptions of investment securities:
Available-for-sale			0	0
Held-to-maturity			0	0
Proceeds from sale of investment securities:
Available-for-sale			0
Equity			0	0
Net (disbursements) repayments on loans			0	0
Proceeds from sale of loans			0	0
Acquisition of loan portfolios			0	0
Payments to acquire other intangible			0
Net payments (to) from FDIC under loss sharing agreements				0
Return of capital from equity method investments			0	0
Payments to acquire businesses, net of cash acquired				0
Capital Contribution Subsidiaries			4,000,000	82,000,000
Return of capital from wholly owned subsidiaries			(13,000,000)	(13,000,000)
Acquisition of premises and equipment			0	0
Proceeds from insurance claims				0
Proceeds from sale of:
Premises and equipment and other productive assets			0	0
Foreclosed assets			0	0
Net cash (used in) provided by investing activities			(46,590,000)	471,382,000
Net increase (decrease) in:
Deposits			(9,242,000)	(403,111,000)
Assets sold under agreements to repurchase			0	0
Other short-term borrowings			0	0
Payments of notes payable			0	0
Principal payments of finance leases			0
Proceeds from issuance of notes payable			0	0
Proceeds from issuance of common stock			0	0
Dividends paid to parent company			356,300,000	402,000,000
Dividends paid			0	0
Net payments for repurchase of common stock			(21,000)	(3,000)
Return of capital to parent company			13,000,000	13,000,000
Capital contribution from parent			(4,000,000)	(82,000,000)
Payments related to tax witholding for share-based compensation			0	0
Net cash (used in) provided by financing activities			356,037,000	(70,114,000)
Net (decrease) increase in cash and due from banks, and restricted cash			(46,873,000)	(882,000)
Cash and due from banks and restricted cash at beginning of period			(68,022,000)	(48,178,000)
Cash and due from banks and restricted cash at end of period	(114,895,000)	(49,060,000)	(114,895,000)	(49,060,000)
Popular, Inc. Holding Co.
Cash flows from operating activities:
Net income	165,319,000	140,648,000	504,350,000	511,755,000
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Equity in earnings of subsidiaries, net of dividends or distributions			(158,013,000)	(132,121,000)
Provision for loan losses	(2,000)	(34,000)	257,000	(75,000)
Amortization of intangibles			73,000	0
Depreciation and amortization of premises and equipment			559,000	548,000
Net accretion of discounts and amortization of premiums and deferred fees			933,000	1,624,000
Share-based compensation			7,517,000	4,149,000
Impairment losses on long-lived assets			0	0
FDIC loss-share expense				0
Fair value adjustments on mortgage servicing rights			0	0
Adjustments to indemnity reserves on loans sold	0	0	0	0
Earnings from investments under the equity method, net of dividends or distributions			(11,683,000)	(10,557,000)
Deferred income tax (benefit) expense			0	0
Loss (gain) on:
Disposition of premises and equipment and other productive assets			39,000	15,000
Proceeds from insurance claims				0
Sale of debt securities			0
Sale of loans, including valuation adjustments on loans held-for-sale and mortgage banking activities			0	0
Sale of foreclosed assets, including write-downs			0	0
Acquisitions of loans held-for-sale			0	0
Proceeds from sale of loans held-for-sale			0	0
Net originations on loans held-for-sale			0	0
Net decrease (increase) in:
Trading debt securities			0	0
Equity securities			(3,225,000)	(1,779,000)
Accrued income receivable			7,000	(411,000)
Other assets			(1,559,000)	(2,352,000)
Net (decrease) increase in:
Interest payable			(4,594,000)	(7,007,000)
Pension and other postretirement benefits obligation			0	0
Other liabilities			(681,000)	2,160,000
Total adjustments			(170,370,000)	(145,806,000)
Net cash (used in) provided by operating activities			333,980,000	365,949,000
Cash flows from investing activities:
Net decrease in money market investments			35,000,000	(395,000,000)
Purchases of investment securities:
Available-for-sale			0	0
Equity			0	0
Proceeds from calls, paydowns, maturities and redemptions of investment securities:
Available-for-sale			0	0
Held-to-maturity			0	0
Proceeds from sale of investment securities:
Available-for-sale			0
Equity			0	0
Net (disbursements) repayments on loans			533,000	395,000
Proceeds from sale of loans			0	0
Acquisition of loan portfolios			0	0
Payments to acquire other intangible			0
Net payments (to) from FDIC under loss sharing agreements				0
Return of capital from equity method investments			0	0
Payments to acquire businesses, net of cash acquired				0
Capital Contribution Subsidiaries			(4,000,000)	(82,000,000)
Return of capital from wholly owned subsidiaries			13,000,000	13,000,000
Acquisition of premises and equipment			(791,000)	(755,000)
Proceeds from insurance claims				0
Proceeds from sale of:
Premises and equipment and other productive assets			3,000	195,000
Foreclosed assets			0	0
Net cash (used in) provided by investing activities			43,745,000	(464,165,000)
Net increase (decrease) in:
Deposits			0	0
Assets sold under agreements to repurchase			0	0
Other short-term borrowings			0	0
Payments of notes payable			0	0
Principal payments of finance leases			0
Proceeds from issuance of notes payable			0	294,706,000
Proceeds from issuance of common stock			11,256,000	11,441,000
Dividends paid to parent company			0	0
Dividends paid			(85,863,000)	(79,115,000)
Net payments for repurchase of common stock			(250,566,000)	(125,323,000)
Return of capital to parent company			0	0
Capital contribution from parent			0	0
Payments related to tax witholding for share-based compensation			(5,420,000)	(2,162,000)
Net cash (used in) provided by financing activities			(330,593,000)	99,547,000
Net (decrease) increase in cash and due from banks, and restricted cash			47,132,000	1,331,000
Cash and due from banks and restricted cash at beginning of period			68,278,000	48,120,000
Cash and due from banks and restricted cash at end of period	115,410,000	49,451,000	115,410,000	49,451,000
PNA Holding Co.
Cash flows from operating activities:
Net income	16,762,000	17,767,000	36,927,000	37,909,000
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Equity in earnings of subsidiaries, net of dividends or distributions			(41,248,000)	(45,772,000)
Provision for loan losses	0	0	0	0
Amortization of intangibles			0	0
Depreciation and amortization of premises and equipment			0	0
Net accretion of discounts and amortization of premiums and deferred fees			20,000	20,000
Share-based compensation			0	0
Impairment losses on long-lived assets			0	0
FDIC loss-share expense				0
Fair value adjustments on mortgage servicing rights			0	0
Adjustments to indemnity reserves on loans sold	0	0	0	0
Earnings from investments under the equity method, net of dividends or distributions			984,000	(278,000)
Deferred income tax (benefit) expense			(1,149,000)	(1,453,000)
Loss (gain) on:
Disposition of premises and equipment and other productive assets			0	0
Proceeds from insurance claims				0
Sale of debt securities			0
Sale of loans, including valuation adjustments on loans held-for-sale and mortgage banking activities			0	0
Sale of foreclosed assets, including write-downs			0	0
Acquisitions of loans held-for-sale			0	0
Proceeds from sale of loans held-for-sale			0	0
Net originations on loans held-for-sale			0	0
Net decrease (increase) in:
Trading debt securities			0	0
Equity securities			0	0
Accrued income receivable			99,000	90,000
Other assets			43,000	52,000
Net (decrease) increase in:
Interest payable			(1,551,000)	(3,441,000)
Pension and other postretirement benefits obligation			0	0
Other liabilities			(85,000)	9,000
Total adjustments			(42,887,000)	(50,773,000)
Net cash (used in) provided by operating activities			(5,960,000)	(12,864,000)
Cash flows from investing activities:
Net decrease in money market investments			2,631,000	(7,230,000)
Purchases of investment securities:
Available-for-sale			0	0
Equity			0	0
Proceeds from calls, paydowns, maturities and redemptions of investment securities:
Available-for-sale			0	0
Held-to-maturity			0	1,637,000
Proceeds from sale of investment securities:
Available-for-sale			0
Equity			0	0
Net (disbursements) repayments on loans			0	0
Proceeds from sale of loans			0	0
Acquisition of loan portfolios			0	0
Payments to acquire other intangible			0
Net payments (to) from FDIC under loss sharing agreements				0
Return of capital from equity method investments			3,329,000	497,000
Payments to acquire businesses, net of cash acquired				0
Capital Contribution Subsidiaries			0	0
Return of capital from wholly owned subsidiaries			0	0
Acquisition of premises and equipment			0	0
Proceeds from insurance claims				0
Proceeds from sale of:
Premises and equipment and other productive assets			0	0
Foreclosed assets			0	0
Net cash (used in) provided by investing activities			5,960,000	(5,096,000)
Net increase (decrease) in:
Deposits			0	0
Assets sold under agreements to repurchase			0	0
Other short-term borrowings			0	0
Payments of notes payable			0	(54,502,000)
Principal payments of finance leases			0
Proceeds from issuance of notes payable			0	0
Proceeds from issuance of common stock			0	0
Dividends paid to parent company			0	0
Dividends paid			0	0
Net payments for repurchase of common stock			0	0
Return of capital to parent company			0	0
Capital contribution from parent			0	72,000,000
Payments related to tax witholding for share-based compensation			0	0
Net cash (used in) provided by financing activities			0	17,498,000
Net (decrease) increase in cash and due from banks, and restricted cash			0	(462,000)
Cash and due from banks and restricted cash at beginning of period			0	462,000
Cash and due from banks and restricted cash at end of period	0	0	0	0
All other subsidiaries and eliminations
Cash flows from operating activities:
Net income	169,180,000	148,192,000	518,391,000	541,608,000
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Equity in earnings of subsidiaries, net of dividends or distributions			0	0
Provision for loan losses	36,541,000	54,421,000	118,298,000	185,579,000
Amortization of intangibles			7,009,000	6,973,000
Depreciation and amortization of premises and equipment			42,369,000	38,535,000
Net accretion of discounts and amortization of premiums and deferred fees			(127,501,000)	(45,177,000)
Share-based compensation			3,901,000	1,813,000
Impairment losses on long-lived assets			2,591,000	272,000
FDIC loss-share expense				(94,725,000)
Fair value adjustments on mortgage servicing rights			25,853,000	13,123,000
Adjustments to indemnity reserves on loans sold	3,411,000	3,029,000	1,664,000	6,482,000
Earnings from investments under the equity method, net of dividends or distributions			(7,762,000)	(3,937,000)
Deferred income tax (benefit) expense			111,067,000	(96,525,000)
Loss (gain) on:
Disposition of premises and equipment and other productive assets			(5,172,000)	17,679,000
Proceeds from insurance claims				(14,411)
Sale of debt securities			20,000
Sale of loans, including valuation adjustments on loans held-for-sale and mortgage banking activities			(11,360,000)	(6,734,000)
Sale of foreclosed assets, including write-downs			(15,858,000)	(638,000)
Acquisitions of loans held-for-sale			(157,993,000)	(173,644,000)
Proceeds from sale of loans held-for-sale			51,067,000	51,131,000
Net originations on loans held-for-sale			(208,875,000)	(186,063,000)
Net decrease (increase) in:
Trading debt securities			333,013,000	346,556,000
Equity securities			(3,257,000)	(701,000)
Accrued income receivable			7,651,000	51,779,000
Other assets			(14,130,000)	237,585,000
Net (decrease) increase in:
Interest payable			(788,000)	925,000
Pension and other postretirement benefits obligation			(4,979,000)	3,392,000
Other liabilities			(98,071,000)	(198,958,000)
Total adjustments			48,757,000	140,311,000
Net cash (used in) provided by operating activities			567,148,000	681,919,000
Cash flows from investing activities:
Net decrease in money market investments			(1,000,840,000)	647,519,000
Purchases of investment securities:
Available-for-sale			(13,579,074,000)	(6,968,920,000)
Equity			(15,515,000)	(11,456,000)
Proceeds from calls, paydowns, maturities and redemptions of investment securities:
Available-for-sale			10,671,630,000	3,925,362,000
Held-to-maturity			5,325,000	5,547,000
Proceeds from sale of investment securities:
Available-for-sale			99,445,000
Equity			17,083,000	20,925,000
Net (disbursements) repayments on loans			(325,012,000)	(15,999,000)
Proceeds from sale of loans			77,327,000	1,354,000
Acquisition of loan portfolios			(421,482,000)	(461,117,000)
Payments to acquire other intangible			(793,000)
Net payments (to) from FDIC under loss sharing agreements				(25,012,000)
Return of capital from equity method investments			(582,000)	2,004,000
Payments to acquire businesses, net of cash acquired				(1,830,050,000)
Capital Contribution Subsidiaries			0	0
Return of capital from wholly owned subsidiaries			0	0
Acquisition of premises and equipment			(45,170,000)	(52,389,000)
Proceeds from insurance claims				14,411,000
Proceeds from sale of:
Premises and equipment and other productive assets			17,183,000	6,796,000
Foreclosed assets			83,848,000	85,622,000
Net cash (used in) provided by investing activities			(4,416,627,000)	(4,655,403,000)
Net increase (decrease) in:
Deposits			4,463,708,000	4,596,970,000
Assets sold under agreements to repurchase			(68,433,000)	(90,805,000)
Other short-term borrowings			(41,000)	(95,008,000)
Payments of notes payable			(144,991,000)	(172,474,000)
Principal payments of finance leases			(1,269,000)
Proceeds from issuance of notes payable			75,000,000	140,000,000
Proceeds from issuance of common stock			(4,733,000)	(589,000)
Dividends paid to parent company			(356,300,000)	(402,000,000)
Dividends paid			0	0
Net payments for repurchase of common stock			13,000	0
Return of capital to parent company			(13,000,000)	(13,000,000)
Capital contribution from parent			4,000,000	10,000,000
Payments related to tax witholding for share-based compensation			(12,000)	(43,000)
Net cash (used in) provided by financing activities			3,953,942,000	3,973,051,000
Net (decrease) increase in cash and due from banks, and restricted cash			104,463,000	(433,000)
Cash and due from banks and restricted cash at beginning of period			402,995,000	412,225,000
Cash and due from banks and restricted cash at end of period	$ 507,458,000	$ 411,792,000	$ 507,458,000	$ 411,792,000

Condensed consolidating finan_3

Condensed consolidating financial information of guarantor and issuers of registered guaranteed securities - Additional Information (Details)	Sep. 30, 2019
PNA Holding Co.
Condensed income statements
Wholly-owned subsidiary percentage	100.00%