Popular (BPOP) 10-Q 10 Aug 20 2020 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2020	Aug. 04, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
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		84,217,397
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 ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Assets:
Cash and due from banks	$ 435,080	$ 388,311
Money market investments:
Time deposits with other banks	9,625,278	3,262,286
Total money market investments	9,625,278	3,262,286
Trading account debt securities, at fair value:
Pledged securities with creditors' right to repledge	606	598
Other trading account debt securities	32,954	39,723
Debt securities available-for-sale, at fair value:
Pledged securities with creditors' right to repledge	162,145	202,585
Other debt securities available-for-sale	20,601,308	17,445,888
Debt securities held-to-maturity, at amortized cost (fair value 2020 - $83,656; 2019 - $105,110)	95,429	97,662
Less - Allowance for credit losses	12,735	0
Debt securities held-to-maturity, net	82,694	97,662
Equity securities (realizable value 2020 - $170,954; 2019 - $165,952)	166,476	159,887
Loans held-for-sale, at lower of cost or fair value	68,725	59,203
Loans held-in-portfolio:
Loans held-in-portfolio	29,250,076	27,587,856
Less - Unearned income	179,523	180,983
Allowance for credit losses	918,434	477,708
Total loans held-in-portfolio, net	28,152,119	26,929,165
Premises and equipment, net	513,680	556,650
Other real estate	113,940	122,072
Accrued income receivable	220,126	180,871
Mortgage servicing assets, at fair value	141,144	150,906
Other Assets	1,833,444	1,819,615
Goodwill	671,122	671,122
Other intangible assets	24,511	28,780
Total assets	62,845,352	52,115,324
Deposits:
Non-interest bearing	12,520,510	9,160,173
Interest bearing	41,323,790	34,598,433
Total deposits	53,844,300	43,758,606
Assets sold under agreements to repurchase	153,065	193,378
Notes payable	1,186,274	1,101,608
Other liabilities	1,881,548	1,044,953
Total liabilities	57,065,187	46,098,545
Commitments and contingencies
Stockholders' equity:
Preferred stock, 30,000,000 shares authorized; 885,726 shares issued and outstanding (2019 - 2,006,391)	22,143	50,160
Common stock, $0.01 par value; 170,000,000 shares authorized;104,442,087 shares issued (2019 - 104,392,222) and 84,184,927 shares outstanding (2019 - 95,589,629)	1,044	1,044
Surplus	4,520,333	4,447,412
Retained earnings	2,033,782	2,147,915
Treasury stock - at cost, 20,257,160 shares (2019 - 8,802,593)	(1,016,486)	(459,814)
Accumulated other comprehensive income (loss), net of tax	219,349	(169,938)
Total stockholders' equity	5,780,165	6,016,779
Total liabilities and stockholders' equity	$ 62,845,352	$ 52,115,324

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF CONDITION (PARENTHETICAL) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Held To Maturity Securities Fair Value	$ 83,656	$ 105,110
Realizable Value Of Equity Securities	$ 170,954	$ 165,952
Preferred stock, shares authorized	30,000,000	30,000,000
Preferred stock, shares issued	885,726	2,006,391
Preferred stock, shares outstanding	885,726	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	104,442,087	104,392,222
Common Stock Shares Outstanding	84,184,927	95,589,629
Treasury stock	20,257,160	8,802,593

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Interest income:
Loans	$ 429,670	$ 454,204	$ 880,116	$ 901,917
Money market investments	2,015	22,534	14,015	51,754
Investment securities	76,884	94,241	164,796	175,277
Total interest income	508,569	570,979	1,058,927	1,128,948
Interest expense:
Deposits	42,780	78,449	104,881	149,275
Short-term borrowings	645	1,656	1,693	3,256
Long-term debt	14,263	14,558	28,377	29,138
Total interest expense	57,688	94,663	134,951	181,669
Net interest income	450,881	476,316	923,976	947,279
Provision for credit losses - loan portfolios	63,104	40,191	252,099	82,016
Provision (reversal) for credit losses - Investment securities	(655)	0	81	0
Net interest income after provision for credit losses	388,432	436,125	671,796	865,263
Mortgage banking activities	3,777	(1,773)	10,197	8,153
Net gain (loss), including impairment on equity securities	2,447	528	(281)	1,961
Net profit on trading account debt securities	82	422	573	682
Net gain on sale of loans, including valuation adjustments on loans held-for-sale	2,222	0	3,179	0
Adjustments to indemnity reserves on loans sold	(1,160)	1,840	(5,953)	1,747
Other operating income	22,440	23,661	42,304	45,567
Total non-interest income	112,055	138,326	238,698	274,756
Operating expenses:
Personnel costs	139,166	141,499	285,997	284,616
Net occupancy expenses	25,487	23,299	50,645	46,836
Equipment expenses	20,844	21,323	42,449	41,028
Other taxes	13,323	12,577	27,004	24,239
Professional fees	92,547	95,248	193,618	182,714
Communications	5,574	5,955	11,528	11,804
Business promotion	12,281	19,119	26,478	33,793
FDIC deposit insurance	5,340	5,278	10,420	10,084
Other real estate owned (OREO) (income) expenses	(344)	1,237	2,135	3,914
Other operating expenses	32,217	35,109	66,296	66,724
Amortization of intangibles	1,796	2,371	4,269	4,683
Total operating expenses	348,231	363,015	720,839	710,435
Income before income tax	152,256	211,436	189,655	429,584
Income tax expense	24,628	40,330	27,725	90,553
Net Income	127,628	171,106	161,930	339,031
Net Income Applicable to Common Stock	$ 127,275	$ 170,175	$ 160,877	$ 337,169
Net Income per Common Share - Basic	$ 1.49	$ 1.77	$ 1.83	$ 3.46
Net Income per Common Share - Diluted	$ 1.49	$ 1.76	$ 1.83	$ 3.45
Service charges on deposit accounts
Interest expense:
Revenue from contract with customer	$ 30,163	$ 39,617	$ 71,822	$ 78,308
Other services
Interest expense:
Revenue from contract with customer	$ 52,084	$ 74,031	$ 116,857	$ 138,338

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Statement of Income and Comprehensive Income
Net income	$ 127,628	$ 171,106	$ 161,930	$ 339,031
Reclassification to retained earnings due to cumulative effect of accounting change	0	0	0	(50)
Other comprehensive income before tax:
Foreing currency translation adjustment	(10,857)	(1,204)	(12,675)	(2,442)
Amortization of net losses of pension and postretirement benefit plans	5,362	5,876	10,724	11,752
Unrealized holding gains on debt securities arising during the period	13,650	143,441	460,767	253,304
Unrealized net losses on cash flow hedges	(580)	(1,138)	(5,282)	(1,820)
Reclassification adjustment for net losses included in net income	2,187	891	3,514	1,921
Other comprehensive income before tax	9,762	147,866	457,048	262,665
Income tax expenses	(1,036)	(15,100)	(67,761)	(25,904)
Total other comprehensive income, net of tax	8,726	132,766	389,287	236,761
Comprehensive income, net of tax	$ 136,354	$ 303,872	$ 551,217	$ 575,792

TAX EFFECT ALLOCATED TO EACH CO

TAX EFFECT ALLOCATED TO EACH COMPONENT OF OTHER COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Statement of Income and Comprehensive Income
Amortization of net losses of pension and postretirement benefit plans	$ (2,011)	$ (2,204)	$ (4,022)	$ (4,407)
Unrealized holding gains on debt securities arising during the period	1,524	(12,989)	(63,817)	(21,449)
Unrealized net losses on cash flow hedges	187	427	1,300	672
Reclassification adjustment for net losses included in net income	(736)	(334)	(1,222)	(720)
Income tax expenses	$ (1,036)	$ (15,100)	$ (67,761)	$ (25,904)

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands		Total	Cumulative effect adoption adjustment	Common Stock	Preferred Stock	Capital surplus	Retained earnings	Retained earningsCumulative effect adoption adjustment	Treasury stock	Accumulated other comprehensive income (loss)
Beginning Balance at Dec. 31, 2018		$ 5,435,057	$ 4,905	$ 1,043	$ 50,160	$ 4,365,606	$ 1,651,731	$ 4,905	$ (205,509)	$ (427,974)
Ending Balance at Mar. 31, 2019		5,440,060		1,043	50,160	4,313,040	1,794,644		(394,848)	(323,979)
Beginning Balance at Dec. 31, 2018		5,435,057	4,905	1,043	50,160	4,365,606	1,651,731	4,905	(205,509)	(427,974)
Increase Decrease In Stockholders Equity [Roll Forward]
Net income		339,031					339,031
Issuance of stock		1,724		1		1,723
Dividends declared:
Common stock	[1]	(57,979)					(57,979)
Preferred stock		(1,862)					(1,862)
Common stock purchases	[2]	(254,639)				(52,670)			(201,969)
Common stock reissuance		2,926				224			2,702
Stock based compensation		13,910				1,342			12,568
Other comprehensive loss, net of tax		236,761								236,761
Ending Balance at Jun. 30, 2019		5,719,834		1,044	50,160	4,316,225	1,935,826		(392,208)	(191,213)
Beginning Balance at Mar. 31, 2019		5,440,060		1,043	50,160	4,313,040	1,794,644		(394,848)	(323,979)
Increase Decrease In Stockholders Equity [Roll Forward]
Net income		171,106					171,106
Issuance of stock		931		1		930
Dividends declared:
Common stock	[3]	(28,993)					(28,993)
Preferred stock		(931)					(931)
Common stock purchases		(1,520)							(1,520)
Common stock reissuance		743				46			697
Stock based compensation		5,672				2,209			3,463
Other comprehensive loss, net of tax		132,766								132,766
Ending Balance at Jun. 30, 2019		5,719,834		1,044	50,160	4,316,225	1,935,826		(392,208)	(191,213)
Beginning Balance at Dec. 31, 2019		6,016,779	(205,842)	1,044	50,160	4,447,412	2,147,915	$ (205,842)	(459,814)	(169,938)
Increase Decrease In Stockholders Equity [Roll Forward]
Net income		161,930					161,930
Issuance of stock		1,994				1,994
Dividends declared:
Common stock	[1]	(69,168)					(69,168)
Preferred stock		(1,053)					(1,053)
Common stock purchases	[4]	(503,482)				76,336			(579,818)
Common stock reissuance		4,591				(1,111)			5,702
Preferred stock redemption	[5]	(28,017)			(28,017)
Stock based compensation		13,146				(4,298)			17,444
Other comprehensive loss, net of tax		389,287								389,287
Ending Balance at Jun. 30, 2020		5,780,165		1,044	22,143	4,520,333	2,033,782		(1,016,486)	219,349
Beginning Balance at Mar. 31, 2020		5,669,605	$ (205,800)	1,044	22,143	4,366,300	1,940,170		(870,675)	210,623
Increase Decrease In Stockholders Equity [Roll Forward]
Net income		127,628					127,628
Issuance of stock		1,131				1,131
Dividends declared:
Common stock	[3]	(33,663)					(33,663)
Preferred stock		(353)					(353)
Common stock purchases	[6]	(681)				153,402			(154,083)
Common stock reissuance		1,485				(548)			2,033
Stock based compensation		6,287				48			6,239
Other comprehensive loss, net of tax		8,726								8,726
Ending Balance at Jun. 30, 2020		$ 5,780,165		$ 1,044	$ 22,143	$ 4,520,333	$ 2,033,782		$ (1,016,486)	$ 219,349
[1]	Dividends declared per common share during the six months ended June 30, 2020 - $ 0.80 (2019 - $ 0.60).
[2]	During the quarter ended March 31, 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 18 for additional information.
[3]	Dividends declared per common share during the quarter ended June 30, 2020 - $ 0.40 (2019 - $ 0.30).
[4]	During the quarter ended March 31, 2020, the Corporation entered into a $ 500 million accelerated share repurchase transaction with respect to its common stock, which was accounted for as a treasury stock transaction. The transaction was completed on May 27, 2020. Refer to Note 18 for additional information.
[5]	On February 24, 2020, the Corporation redeemed all the outstanding shares of 2008 Series B Preferred Stock. Refer to Note 18 for additional information.
[6]	During the quarter ended June 30, 2020, the Corporation completed its previously announced $ 500 million accelerated share repurchase transaction for 2020 with respect to its common stock. Refer to Note 18 for additional information.

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2020	Jan. 30, 2020	Mar. 31, 2019
Statement of Stockholders' Equity [Abstract]
Dividends Declared per Common Share	$ 0.40	$ 0.30	$ 0.80	$ 0.60
Accelerate Share Repurchase
Accelerated share repurchases
Accelerated share repurchases settlement receipt	$ 500		$ 500		$ 500	$ 500	$ 250

DISCLOSURE OF CHANGES IN NUMBER

DISCLOSURE OF CHANGES IN NUMBER OF SHARES - shares	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Preferred Stock:
Preferred stock - Balance at beginning of period	2,006,391	2,006,391
Preferred stock shares redemption	(1,120,665)	0
Preferred stock - Balance at ending of period	885,726	2,006,391
Common Stock - Issued:
Common stock - balance at beginning of period	104,392,222	104,320,303
Issuance of stock	49,865	37,125
Common stock - balance at end of period	104,442,087	104,357,428
Treasury stock	(20,257,160)	(7,654,077)
Common stock shares outstanding	84,184,927	96,703,351

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash flows from operating activities:
Net income	$ 161,930	$ 339,031
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	252,180	82,016
Amortization of intangibles	4,269	4,683
Depreciation and amortization of premises and equipment	28,901	28,724
Net accretion of discounts and amortization of premiums and deferred fees	(42,087)	(82,053)
Share-based compensation	7,164	10,408
Fair value adjustments on mortgage servicing rights	12,869	21,011
Adjustments to indemnity reserves on loans sold	5,953	(1,747)
Earnings from investments under the equity method, net of dividends or distributions	(6,425)	(7,257)
Deferred income tax (benefit) expense	(7,824)	75,083
Gain on:
Disposition of premises and equipment and other productive assets	(7,939)	(4,141)
Proceeds from insurance claims	(366)	0
Sale of loans, including valuation adjustments on loans held-for-sale and mortgage banking activities	(12,652)	(5,939)
Sale of foreclosed assets, including write-downs	(5,754)	(9,826)
Acquisitions of loans held-for-sale	(82,812)	(103,233)
Proceeds from sale of loans held-for-sale	24,897	31,063
Net originations on loans held-for-sale	(100,408)	(125,707)
Net decrease (increase) in:
Trading debt securities	176,054	215,569
Equity securities	(3,731)	(5,911)
Accrued income receivable	(54,873)	(4,864)
Other assets	30,513	(3,563)
Net (decrease) increase in:
Interest payable	(3,422)	913
Pension and other postretirement benefits obligation	2,771	10,399
Other liabilities	(71,684)	(125,317)
Total adjustments	145,594	311
Net cash provided by operating activities	307,524	339,342
Cash flows from investing activities:
Net increase in money market investments	(6,362,958)	997,694
Purchases of investment securities:
Available-for-sale	(10,313,044)	(9,684,912)
Equity	(20,282)	(12,706)
Proceeds from calls, paydowns, maturities and redemptions of investment securities:
Available-for-sale	8,106,422	6,789,265
Held-to-maturity	3,102	2,980
Proceeds from sale of investment securities:
Equity	17,424	6,047
Net disbursements on loans	(1,159,732)	(324,067)
Proceeds from sale of loans	26,070	29,943
Acquisition of loan portfolios	(123,738)	(312,752)
Payments to acquire other intangible	0	(793)
Return of capital from equity method investments	131	1,397
Payments to acquire equity method investments	(440)	0
Acquisition of premises and equipment	(24,057)	(37,926)
Proceeds from insurance claims	366	0
Proceeds from sale of:
Premises and equipment and other productive assets	14,714	14,815
Foreclosed assets	32,805	59,304
Net cash used in investing activities	(9,803,217)	(2,471,711)
Net increase (decrease) in:
Deposits	10,090,333	2,348,495
Assets sold under agreements to repurchase	(40,313)	(48,439)
Other short-term borrowings	0	159,959
Payments of notes payable	(66,989)	(99,758)
Principal payments of finance leases	(1,047)	(837)
Proceeds from issuance of notes payable	151,009	75,000
Proceeds from issuance of common stock	6,585	4,650
Payments for repurchase of redeemable preferred stock	(28,017)	0
Dividends paid	(65,584)	(55,631)
Net payments for repurchase of common stock	(500,282)	(250,410)
Payments related to tax witholding for share-based compensation	(3,200)	(4,229)
Net cash provided by financing activities	9,542,495	2,128,800
Net increase (decrease) in cash and due from banks, and restricted cash	46,802	(3,569)
Cash and due from banks and restricted cash at beginning of period	394,323	403,251
Cash and due from banks and restricted cash at end of period	$ 441,125	$ 399,682

Nature of operations

Nature of operations	6 Months Ended
	Jun. 30, 2020
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

Basis of presentation	6 Months Ended
	Jun. 30, 2020
Disclosure Text Block
Basis Of Presentation And Significant Accounting Policies	Note 2 – Basis of Presentation Basis of Presentation The consolidated interim financial statements have been prepared without audit. The Consolidated Statement of Financial Condition data at December 31, 2019 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, 2019, included in the Corporation’s 2019 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	6 Months Ended
	Jun. 30, 2020
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 ASU 2020-03, Codification Improvements to Financial Instruments The FASB issued ASU 2020-03 in March 2020, which, among other things, provides clarification on issues related to the term that should be used to measure expected credit losses of net investments in leases and that an allowance for credit losses should be recorded once control of financial assets has been regained. January 1, 2020 The Corporation was not impacted by the adoption of ASU 2020-03 during the first quarter of 2020. FASB ASU 2019-08, Compensation – Stock Compensation (Topic 718) and Revenue from Contracts with Customers (Topic 606): Codification Improvements – Share-Based Consideration Payable to a Customer The FASB issued ASU 2019-08 in November 2019, which requires that an entity measure and classify share-based payment awards granted to a customer in accordance with Topic 718. Therefore, the grant-date fair value of the share-based payment awards will be the basis for the reduction of the transaction price. January 1, 2020 The Corporation was not impacted by the adoption of ASU 2019-08 during the first quarter of 2020 since it does not grant shared-based payments awards to its customers. Standard Description Date of adoption Effect on the financial statements FASB ASU 2018-18, Collaborative Arrangements (Topic 808): Clarifying the Interaction between Topic 808 and Topic 606 The FASB issued ASU 2018-18 in November 2018 which, among other things, provides guidance on how to assess whether certain collaborative arrangement transactions should be accounted for under Topic 606. January 1, 2020 The Corporation was not impacted by the adoption of ASU 2018-18 during the first quarter of 2020 since it does not have collaborative arrangements. FASB ASU 2018-17, Consolidation (Topic 810): Targeted Improvements to Related Party Guidance for Variable Interest Entities The FASB issued ASU 2018-17 in October 2018, which requires entities to consider indirect interests held through related parties under common control on a proportional basis rather than as the equivalent of a direct interest in its entirety when determining whether a decision-making fee is a variable interest. January 1, 2020 The Corporation was not impacted by the adoption of ASU 2018-17 during the first quarter of 2020. FASB ASU 2018-15, Intangibles – Goodwill and Other – Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract The FASB issued ASU 2018-15 in August 2018 which, among other things, aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software, and clarifies the term over which such capitalized implementation costs should be amortized. January 1, 2020 The Corporation adopted ASU 2018-15 during the first quarter of 2020 and was not significantly impacted, since it applied the existing guidance and capitalized implementation costs of cloud computing arrangements. Capitalized implementation costs of cloud computing arrangements are presented as part of “Other assets”. Refer to amended disclosures on Note 13, Other assets. Standard Description Date of adoption Effect on the financial statements FASB ASU 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Accounting for Goodwill Impairment The FASB issued ASU 2017-04 in January 2017, which simplifies the accounting for goodwill impairment by removing Step 2 of the two-step goodwill impairment test under the current guidance. Goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. Entities will be required to disclose the amount of goodwill at reporting units with zero or negative carrying amounts. January 1, 2020 The Corporation adopted ASU 2017-04 during the first quarter of 2020 and, as such, considered this guidance when performing the interim impairment tests during 2020. Refer to Note 14, Goodwill and other intangible assets, for additional information. FASB ASU 2017-03, Accounting Changes and Error Corrections (Topic 250) and Investments-Equity Method and Joint Ventures (Topic 323): Amendments to SEC Paragraphs Pursuant to Staff Announcements at the September 22, 2016 and November 17, 2016 EITF Meetings (SEC Update) The FASB issued ASU 2017-03 in January 2017, which incorporates into the Accounting Standards Codification recent SEC guidance about certain investments in qualified affordable housing and disclosing under SEC SAB Topic 11.M the effect on financial statements of adopting the revenue, leases and credit losses standards. January 1, 2020 The Corporation has considered the guidance in this Update in its disclosures on the effect in its consolidated financial statements of adoption of the new Credit Loss Standard, discussed below. FASB ASUs Financial Instruments – Credit Losses (Topic 326) Since June 2016, the FASB has issued a series of ASUs mainly related to 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 measured at amortized cost that are subject to credit losses and certain off-balance sheet exposures. CECL establishes a forw ard-looking methodology that reflects the expected credit losses over the lives of financial assets, starting when such assets are first acquired. Under the revised methodology, credit losses will be measured based on past events, current conditions and reasonable and supportable forecasts that affect the collectability of financial assets. CECL also revises the approach to recognizing credit losses for available-for-sale securities by replacing the direct write-down approach with the allowance approach and limiting the allowance to the amount at which the security’s fair value is less than the amortized cost. In addition, CECL provides that the initial allowance for credit losses on purchased credit deteriorated (“PCD”) financial assets will be recorded as an increase to the purchase price, with subsequent changes to the allowance recorded as a credit loss expense. The amendments to Topic 326 include the areas of accrued interest receivable, transfers of loans and debt securities between classifications and the inclusion of expected recoveries in the allowance for credit losses including PCD assets. The standards also expand credit quality disclosures. These accounting standards updates were effective on January 1, 2020. The Corporation adopted the new CECL accounting standard effective on January 1, 2020. As a result of the adoption, the Corporation recorded an increase in its allowance for credit losses related to its loan portfolio of $ 315 million, and a decrease of $ 9 million in the allowance for credit losses for unfunded commitments and credit recourse guarantees which is recorded in Other Liabilities. The Corporation also recognized an allowance for credit losses of approximately $ 13 million related to its held-to-maturity debt securities portfolio. The adoption of CECL was recognized under the modified retrospective approach. Therefore, the adjustments to record the increase in the allowance for credit losses was recorded as a decrease to the opening balance of retained earnings of the year of implementation, net of income taxes, except for approximately $ 17 million related to loans previously accounted under ASC Subtopic 310-30, which resulted in a reclassification between certain contra loan balance accounts to the allowance for credit losses. The total impact to retained earnings, net of tax, related to the adoption of CECL was of $ 205.8 million. As part of the adoption of CECL, the Corporation has made the election to break the existing pools of purchased credit impaired (“PCI”) loans previously accounted for under the ASC Subtopic 310-30 guidance. These loans are now accounted for on an individual loan basis under the PCD accounting methodology under CECL. Following the applicable accounting guidance, PCI loans were previously excluded from non-performing status. Upon transition to the individual loan measurement, these loans are no longer excluded from non-performing status, resulting in an increase of $ 278 million in NPLs at January 1, 2020. This increase includes $ 144 million in loans currently over 90 days past due and $ 134 million in loans that are not delinquent in their payment terms but are reported as non-performing due to other credit quality considerations. The Corporation will avail itself of the option to phase in over a period of three years, beginning on January 1, 2022, the day-one effects on regulatory capital arising from the adoption of CECL. The Corporation was also impacted by the additional disclosures required by CECL. The CECL accounting standard also requires additional disclosures related to delinquencies, collateral types and other credit metrics for loans and investments. Refer to Note 7, Debt securities held- to- maturity, Note 8 -Loans and Note 9- Allowance for credit losses - loans held-in-portfolio for additional disclosures provided in compliance with the new CECL standard. Accounting Standards Updates Not Yet Adopted Standard Description Date of adoption Effect on the financial statements FASB ASU 2020-06, Debt – Debt with Conversion and other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity The FASB issued ASU 2020-06 in August 2020 which, among other things, simplifies the accounting for convertible instruments and contracts in an entity’s own equity and amends the diluted EPS computation for these instruments. January 1, 2022 Upon adoption of this standard, the Corporation will consider these amendments in its evaluation of contracts in its own equity, including accelerated share repurchase transactions. FASB ASU 2020-04, Reference Rate Reform (Topic 848) The FASB issued ASU 2020-04 in March 2020, which provides accounting relief from the future impact of the cessation of LIBOR by, among other things, providing optional expedients to treat contract modifications resulting from such reference rate reform as a continuation of the existing contract and for hedging relationships to not be de-designated resulting from such changes provided certain criteria are met. December 31, 2022 The Corporation is currently in the process of identifying its LIBOR-based contracts that will be impacted by the cessation of LIBOR, incorporating fallback language in negotiated contracts and incorporating non-LIBOR reference rate and/or fallback language in new contracts to prepare for these changes. Notwithstanding these efforts, the Corporation expects to utilize the optional expedients provided by ASU 2020-04 for contracts left unmodified. For other recently issued Accounting Standards Updates not yet effective, refer to Note 3 to the Consolidated Financial Statements included in the 2019 Form 10-K.

Summary of significant accounti

Summary of significant accounting policies	6 Months Ended
	Jun. 30, 2020
Accounting Policies
Summary of significant accounting policies	Note 4 – Summary of significant accounting policies The accounting and financial reporting policies of Popular, Inc. and its subsidiaries (the “Corporation”) conform with accounting principles generally accepted in the United States of America and with prevailing practices within the financial services industry. A description of the significant accounting and financial reporting policies can be found on Note 2 to the Consolidated Financial Statements included in its Annual Report on Form 10-K for the year ended December 31, 2019. In connection with the implementation of the CECL new accounting standard, the Corporation has made changes to certain of its accounting policies related to its loans portfolio, debt securities portfolio and allowance for credit losses (“ACL”). Investment securities Debt securities that the Corporation has the intent and ability to hold to maturity are classified as debt securities held-to-maturity and reported at amortized cost. An ACL is established for the expected credit losses over the remaining term of debt securities-held-to-maturity. The Corporation has established a methodology to estimate credit losses which considers qualitative factors, including internal credit ratings and the underlying source of repayment in determining the amount of expected credit losses. Debt securities held-to-maturity are written-off through the ACL when a portion or the entire amount is deemed uncollectible, based on the information considered to develop expected credit losses through the life of the asset. The ACL is estimated by leveraging the expected loss framework for mortgages in the case of securities collateralized by 2 nd Debt securities classified as available-for-sale are reported at fair value. Declines in fair value below the securities’ amortized cost which are not related to estimated credit losses are recorded through other comprehensive income or loss, net of taxes. If the Corporation intends to sell or believes it is more likely than not that it will be required to sell the debt security, it is written down to fair value through earnings. Credit losses relating to available-for-sale debt securities should be recorded through an ACL, which will be limited to the difference between the amortized cost and the fair value of the asset. The ACL should be established for the expected credit losses over the remaining term of debt security. The Corporation’s portfolio of available-for-sale securities is comprised mainly of U.S. Treasury notes and obligations from the U.S. Government. These securities have an explicit or implicit guarantee from the U.S. government, are highly rated by major rating agencies, and have a long history of no credit losses. Accordingly, the Corporation applies a zero-credit loss assumption and no ACL has been established. The Corporation monitors its securities portfolio composition and credit performance on a quarterly basis to determine if any allowance is considered necessary. Debt securities available-for-sale are written-off when a portion or the entire amount is deemed uncollectible, based on the information considered to develop expected credit losses through the life of the asset. Loans Purchased loans with no evidence of credit deterioration since origination are accounted at fair value upon acquisition. Credit discounts are included in the determination of fair value and are amortized over the remaining contractual term using the effective interest method. An ACL is recognized as a provision expense for expected losses over the remaining life of the loans. Loans acquired with deteriorated credit quality PCD loans are defined as those with evidence of a more-than-insignificant deterioration in a loan’s credit quality since origination. PCD loans are initially recorded at its purchase price plus an estimated ACL. Upon the acquisition of a PCD loan, the Corporation makes an estimate of the expected credit losses over the remaining contractual term of each individual loan. The estimated credit losses over the life of the loan is recorded as an allowance of credit losses with a corresponding addition to the loan purchase price. The amount of the purchase premium or discount which is not related to credit risk is amortized over the life of the loan through net interest income using the effective interest method or a method that approximates the effective interest method. Changes in expected credit losses are recorded as an increase or decrease to the ACL with a corresponding charge (reverse) to the provision for credit losses in the Consolidated Statement of Operations. Refer to Note 8 to the Consolidated Financial Statements for additional information with respect to loans acquired with deteriorated credit quality. Allowance for credit losses – loans portfolio The Corporation establishes an ACL for its loan portfolio based on its estimate of credit losses over the remaining contractual term of the loans, adjusted for expected prepayments. An ACL is recognized for all loans including originated and purchased loans, since inception, with a corresponding charge to the provision for loan losses, except for PCD loans for which the ACL at acquisition is recorded as an addition to the purchase price with subsequent changes recorded in earnings. The Corporation has established a methodology to estimate the ACL which includes a reasonable and supportable forecast period for estimating credit losses, considering quantitative and qualitative factors as well as the economic outlook. As part of this methodology management will evaluate various macroeconomic scenarios, provided by third parties, before selecting a forward-looking scenario for loss estimation. This evaluation may include benchmarking procedures as well as careful analysis of the underlying assumptions used to build the scenarios. The Corporation may process, from time to time, additional macroeconomic scenarios as part of its qualitative adjustment framework. The macroeconomic variables chosen to estimate credit losses were selected by combining quantitative procedures with expert judgment. These variables were determined to be the best predictors of expected credit losses within the Corporation’s loan portfolios and include drivers such as unemployment rate, different measures of employment levels, house prices, gross domestic product and measures of disposable income, amongst others. The loss estimation framework includes a reasonable and supportable period of 2 years for PR portfolios, gradually reverting, over a 1-year horizon, to historical macroeconomic variables at the model input level. For the US portfolio the reasonable and supportable period considers the contractual life of the asset, impacted by prepayments, except for the US CRE portfolio. The US CRE portfolio utilizes a 2-year reasonable and supportable period gradually reverting, over a 1-year horizon, to historical information at the output level. The Corporation developed loan level quantitative models distributed by geography and loan type. This segmentation was determined by evaluating their risk characteristics, which include default patterns, source of repayment, type of collateral, and lending channels, amongst others. The modeling framework includes competing risk models to generate lifetime defaults and prepayments, and other loan level modeling techniques to estimate loss severity. Recoveries on future losses are contemplated as part of the loss severity modeling. These parameters are estimated by combining internal risk factors with macroeconomic expectations. In order to generate the expected credit losses, the output of these models is combined with loan level repayment information. The internal risk factors contemplated within the models may include borrowers’ credit scores, loan-to-value, delinquency status, risk ratings, interest rate, loan term, loan age and type of collateral, amongst others. The ACL also includes a qualitative framework that addresses two main components: losses that are expected but not captured within the quantitative modeling framework, and model imprecision. In order to identify potential losses that are not captured through the models, management evaluated model limitations as well as the different risks covered by the variables used in each quantitative model. This assessment took into consideration factors listed as part of ASC 326-20-55-4. To complement the analysis, management also evaluated sectors that have low levels of historical defaults, but current conditions show the potential for future losses. This type of qualitative adjustment is more prevalent in the commercial portfolios. The model imprecision component of the qualitative adjustments is determined after evaluating model performance for these portfolios through different time periods. This type of qualitative adjustment mainly impacts consumer portfolios. The Corporation has designated loans classified as collateral dependent for which it applies the practical expedient to measure the ACL based on the fair value of the collateral less cost to sell, when the repayment is expected to be provided substantially by the sale or operation of the collateral and the borrower is experiencing financial difficulty. The fair value of the collateral is based on appraisals, which may be adjusted due to their age, and the type, location, and condition of the property or area or general market conditions to reflect the expected change in value between the effective date of the appraisal and the measurement date. In the case of troubled debt restructurings (“TDRs”), the established framework captures the impact of concessions through discounting modified contractual cash flows, both principal and interest, at the loan’s original effective rate. The impact of these concessions is combined with the expected credit losses generated by the quantitative loss models in order to arrive at the ACL. As a result, the ACL related to TDRs is impacted by the expected macroeconomic conditions. The Credit Cards portfolio, due to its revolving nature, does not have a specified maturity date. To estimate the average remaining term of this segment, management evaluated the portfolios payment behavior based on internal historical data. These payment behaviors were further classified into sub-categories that accounted for delinquency history and differences between transactors, revolvers and customers that have exhibited mixed transactor/revolver behavior. Transactors are defined as active accounts without any finance charge in the last 6 months. The paydown curves generated for each sub-category are applied to the outstanding exposure at the measurement date using the first-in first-out (FIFO) methodology. These amortization patterns are combined with loan level default and loss severity modeling to arrive at the ACL. Accrued interest receivable The amortized basis for loans and investments in debt securities is presented exclusive of accrued interest receivable. The Corporation has elected not to establish an ACL for accrued interest receivable for loans and investments in debt securities, given the Corporation’s non-accrual policies, in which accrual of interest is discontinued and reversed based on the asset’s delinquency status. Refer to Note 2 to the Consolidated Financial Statements included in the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2019 for a description of the Corporation’s nonaccrual policies. Reserve for unfunded commitments The Corporation establishes a reserve for unfunded commitments, based on the estimated losses over the remaining term of the facility. An allowance is not established for commitments that are unconditionally cancellable by the Corporation. Accordingly, no reserve is established for unfunded commitments related to its credit cards portfolio. Reserve for the unfunded portion of credit commitments is presented separately within other liabilities in the Consolidated Statements of Financial Condition. Guarantees, including indirect guarantees of indebtedness to others The estimated losses to be absorbed under the credit recourse arrangements are recorded as a liability when the loans are sold and are updated by accruing or reversing expense (categorized in the line item “Adjustments (expense) to indemnity reserves on loans sold” in the Consolidated Statements of Operations) throughout the life of the loan, as necessary, when additional relevant information becomes available. The recourse liability is estimated using loan level statistical techniques. Internal factors that are evaluated include customer credit scores, refreshed loan-to-values, loan age, and outstanding balance, amongst others. The methodology leverages the expected loss framework for mortgage loans and includes macroeconomic expectations based on a 2-year reasonable and supportable period, gradually reverting over a 1-year horizon to historical macroeconomic variables at the input level. Estimated future defaults, prepayments and loss severity are combined with loan level repayment information in order to estimate lifetime expected losses for this portfolio. The reserve for the estimated losses under the credit recourse arrangements is presented separately within other liabilities in the Consolidated Statements of Financial Condition.

Restrictions on cash and due fr

Restrictions on cash and due from banks and certain securities	6 Months Ended
	Jun. 30, 2020
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 $ 2.2 billion at June 30, 2020 (December 31, 2019 - $ 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 June 30, 2020, the Corporation held $ 33 million in restricted assets in the form of funds deposited in money market accounts, debt securities available for sale and equity securities (December 31, 2019 - $ 52 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	6 Months Ended
	Jun. 30, 2020
Debt securities available-for-sale
Debt Securities, Available-for-sale
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 June 30, 2020 and December 31, 2019 At June 30, 2020 Gross Gross Weighted Amortized unrealized unrealized Fair average (In thousands) cost gains losses value yield U.S. Treasury securities Within 1 year $ 7,336,056 $ 14,335 $ 147 $ 7,350,244 0.47 % After 1 to 5 years 5,091,320 277,625 - 5,368,945 2.13 After 5 to 10 years 1,201,580 87,461 - 1,289,041 1.70 Total U.S. Treasury securities 13,628,956 379,421 147 14,008,230 1.20 Obligations of U.S. Government sponsored entities Within 1 year 60,654 485 - 61,139 1.52 After 1 to 5 years 90 - - 90 5.64 Total obligations of U.S. Government sponsored entities 60,744 485 - 61,229 1.53 Collateralized mortgage obligations - federal agencies Within 1 year 82 - - 82 1.64 After 1 to 5 years 590 4 - 594 2.23 After 5 to 10 years 74,444 1,127 - 75,571 1.62 After 10 years 426,048 12,078 144 437,982 2.04 Total collateralized mortgage obligations - federal agencies 501,164 13,209 144 514,229 1.97 Mortgage-backed securities Within 1 year 6 - - 6 2.29 After 1 to 5 years 54,804 1,879 9 56,674 2.57 After 5 to 10 years 403,728 14,866 17 418,577 1.75 After 10 years 5,547,035 158,578 1,388 5,704,225 2.33 Total mortgage-backed securities 6,005,573 175,323 1,414 6,179,482 2.30 Other After 1 to 5 years 272 11 - 283 3.62 Total other 272 11 - 283 3.62 Total debt securities available-for-sale [1] $ 20,196,709 $ 568,449 $ 1,705 $ 20,763,453 1.54 % [1] Includes $ 16.2 billion pledged to secure government 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 $ 14.6 billion serve as collateral for public funds. At December 31, 2019 Gross Gross Weighted Amortized unrealized unrealized Fair average (In thousands) cost gains losses value yield U.S. Treasury securities Within 1 year $ 5,071,201 $ 3,262 $ 567 $ 5,073,896 1.58 % After 1 to 5 years 5,137,804 75,597 3,435 5,209,966 2.19 After 5 to 10 years 1,778,568 429 6,604 1,772,393 1.70 Total U.S. Treasury securities 11,987,573 79,288 10,606 12,056,255 1.86 Obligations of U.S. Government sponsored entities Within 1 year 62,492 2 21 62,473 1.45 After 1 to 5 years 60,021 - 90 59,931 1.48 Total obligations of U.S. Government sponsored entities 122,513 2 111 122,404 1.47 Obligations of Puerto Rico, States and political subdivisions Within 1 year 6,975 - - 6,975 - Total obligations of Puerto Rico, States and political subdivisions 6,975 - - 6,975 - Collateralized mortgage obligations - federal agencies Within 1 year 236 - - 236 1.83 After 1 to 5 years 350 1 - 351 2.16 After 5 to 10 years 85,079 31 1,180 83,930 1.63 After 10 years 504,391 3,640 6,373 501,658 2.08 Total collateralized mortgage obligations - federal agencies 590,056 3,672 7,553 586,175 2.02 Mortgage-backed securities Within 1 year 16 - - 16 2.13 After 1 to 5 years 36,717 852 1 37,568 3.38 After 5 to 10 years 350,373 1,958 1,303 351,028 2.02 After 10 years 4,447,561 60,384 20,243 4,487,702 2.60 Total mortgage-backed securities 4,834,667 63,194 21,547 4,876,314 2.57 Other After 1 to 5 years 341 9 - 350 3.62 Total other 341 9 - 350 3.62 Total debt securities available-for-sale [1] $ 17,542,125 $ 146,165 $ 39,817 $ 17,648,473 2.05 % [1] Includes $ 12.2 billion pledged to secure government 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 $ 10.9 billion serve as collateral for public funds. The weighted average yield on debt 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. There were no securities sold during the six months ended June 30, 2020 and 2019. The following table 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 June 30, 2020 and December 31, 2019 . At June 30, 2020 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 $ 4,998,912 $ 147 $ - $ - $ 4,998,912 $ 147 Collateralized mortgage obligations - federal agencies 5,546 82 16,314 62 21,860 144 Mortgage-backed securities 190,994 827 78,964 587 269,958 1,414 Total debt securities available-for-sale in an unrealized loss position $ 5,195,452 $ 1,056 $ 95,278 $ 649 $ 5,290,730 $ 1,705 At December 31, 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 $ 2,439,114 $ 9,798 $ 452,784 $ 808 $ 2,891,898 $ 10,606 Obligations of U.S. Government sponsored entities 9,973 4 99,846 107 109,819 111 Collateralized mortgage obligations - federal agencies 114,603 537 310,315 7,016 424,918 7,553 Mortgage-backed securities 179,312 693 1,784,414 20,854 1,963,726 21,547 Total debt securities available-for-sale in an unrealized loss position $ 2,743,002 $ 11,032 $ 2,647,359 $ 28,785 $ 5,390,361 $ 39,817 As of June 30, 2020, the portfolio of available-for-sale debt securities reflects gross unrealized losses of approximately $ 2 million, driven mainly by mortgage-backed securities. 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. June 30, 2020 December 31, 2019 (In thousands) Amortized cost Fair value Amortized cost Fair value FNMA $ 2,712,676 $ 2,812,828 $ 3,113,373 $ 3,129,538 Freddie Mac 1,633,940 1,691,433 1,623,116 1,638,796

Debt securities held-to-maturit

Debt securities held-to-maturity	6 Months Ended
	Jun. 30, 2020
Held To Maturity Debt Securities
Debt Securities, Held-to-maturity
Investments in debt and marketable equity securities	Note 7 –Debt securities held-to-maturity The following tables present the amortized cost, allowance for credit losses, gross unrealized gains and losses, approximate fair value, weighted average yield and contractual maturities of debt securities held-to-maturity at June 30, 2020 and December 31, 2019. At June 30, 2020 Allowance Gross Gross Weighted Amortized for Credit Net of unrealized unrealized Fair average (In thousands) cost Losses Allowance gains losses value yield Obligations of Puerto Rico, States and political subdivisions Within 1 year $ 3,920 $ 167 $ 3,753 $ - $ 84 $ 3,669 6.05 % After 1 to 5 years 16,390 1,586 14,804 - 61 14,743 6.13 After 5 to 10 years 16,660 1,354 15,306 - 939 14,367 2.81 After 10 years 46,358 9,628 36,730 4,265 2,221 38,774 1.63 Total obligations of Puerto Rico, States and political subdivisions 83,328 12,735 70,593 4,265 3,305 71,553 2.96 Collateralized mortgage obligations - federal agencies After 1 to 5 years 40 - 40 2 - 42 6.44 Total collateralized mortgage obligations - federal agencies 40 - 40 2 - 42 6.44 Securities in wholly owned statutory business trusts After 10 years 11,561 - 11,561 - - 11,561 6.51 Total securities in wholly owned statutory business trusts 11,561 - 11,561 - - 11,561 6.51 Other Within 1 year 500 - 500 - - 500 2.97 Total other 500 - 500 - - 500 2.97 Total debt securities held-to-maturity $ 95,429 $ 12,735 $ 82,694 $ 4,267 $ 3,305 $ 83,656 3.39 % At December 31, 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 $ - $ 11 $ 3,734 6.01 % After 1 to 5 years 17,580 - 320 17,260 6.11 After 5 to 10 years 18,195 - 1,607 16,588 3.11 After 10 years 46,036 9,384 - 55,420 1.67 Total obligations of Puerto Rico, States and political subdivisions 85,556 9,384 1,938 93,002 3.08 Collateralized mortgage obligations - federal agencies After 1 to 5 years 45 2 - 47 6.44 Total collateralized mortgage obligations - federal agencies 45 2 - 47 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 Within 1 year 500 - - 500 2.97 Total other 500 - - 500 2.97 Total debt securities held-to-maturity $ 97,662 $ 9,386 $ 1,938 $ 105,110 3.49 % 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 December 31, 2019. At December 31, 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 $ 17,544 $ 291 $ 12,673 $ 1,647 $ 30,217 $ 1,938 Total debt securities held-to-maturity in an unrealized loss position $ 17,544 $ 291 $ 12,673 $ 1,647 $ 30,217 $ 1,938 Credit Quality Indicators The following describes the credit quality indicators by major security type that the Corporation considers in its’ estimate to develop the allowance for credit losses for investment securities held-to-maturity. The “Obligations of Puerto Rico, States and political subdivisions” classified as held-to-maturity at June 30, 2020 includes securities issued by municipalities of Puerto Rico that are generally not rated by a credit rating agency. This includes $ 38 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 Corporation performs periodic credit quality reviews of these securities and internally assigns standardized credit risk ratings based on its evaluation. The Corporation considers these ratings in its estimate to develop the allowance for credit losses associated with these securities. For the definitions of the obligor risk ratings, refer to the Credit Quality section of Note 9 to the Consolidated Financial Statements included in the Corporation’s Form 10K for the year ended December 31, 2019. The following presents the amortized cost basis of securities held by the Corporation issued by municipalities of Puerto Rico aggregated by the internally assigned standardized credit risk rating: June 30, 2020 (In thousands) Securities issued by Puerto Rico Municipalities Watch $ 22,230 Special Mention 15,395 Ending Balance $ 37,625 The portfolio of “Obligations of Puerto Rico, States and political subdivisions” also includes $ 45 million in securities issued by the Puerto Rico Housing Finance Authority (“HFA”), a government instrumentality, for which the underlying source of payment is second mortgage loans in Puerto Rico residential properties (not the government), but for which HFA, provides a guarantee in the event of default and upon the satisfaction of certain other conditions. These securities are not rated by a credit rating agency. The Corporation assesses the credit risk associated with these securities by evaluating the refreshed FICO scores of a representative sample of the underlying borrowers. The average refreshed FICO score for the representative sample, comprised of 65% of the nominal value of the securities, used for the June 30, 2020 loss estimate was of 690. The loss estimates for this portfolio was based on the methodology established under CECL for similar loan obligations. The Corporation does not consider the government guarantee when estimating the credit losses associated with this portfolio. A further 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. Refer to Note 21 for additional information on the Corporation’s exposure to the Puerto Rico Government. Delinquency status At June 30, 2020 there are no securities held-to-maturity in past due or non-performing status. Allowance for credit losses on debt securities held-to-maturity The following table provides the activity in the allowance for credit losses related to debt securities held-to-maturity by security type for the period ended June 30, 2020. For the quarter ended June 30, 2020 (In thousands) Obligations of Puerto Rico, States and political subdivisions Allowance for credit losses: Beginning balance $ 13,390 Provision for credit loss expense (reversal of provision) ( 655) Securities charged-off - Recoveries - Ending Balance $ 12,735 For the six months ended June 30, 2020 (In thousands) Obligations of Puerto Rico, States and political subdivisions Allowance for credit losses: Beginning balance, January 1, 2020 $ - Impact of adopting CECL 12,654 Provision for credit loss expense (reversal of provision) 81 Securities charged-off - Recoveries - Ending Balance $ 12,735 The allowance for credit losses for the Obligations of Puerto Rico, States and political subdivisions, includes $ 3.2 million for securities issued by municipalities of Puerto Rico, and $ 9.5 million for bonds issued by the Puerto Rico HFA, which are secured by second mortgage loans on Puerto Rico residential properties.

Loans

Loans	6 Months Ended
	Jun. 30, 2020
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 2019 Form 10-K and Note 4 in this Form 10-Q. During the quarter and six months ended June 30, 2020 , the Corporation recorded purchases (including repurchases) of mortgage loans amounting to $ 57 million and $ 142 million, respectively; including $ 2 million and $ 6 million in PCD loans, respectively; commercial loans of $ 2 million and $ 3 million, respectively, and consumer loans of $ 10 thousand and $ 56 million, respectively. During the quarter and six months ended June 30, 2019 , the Corporation recorded purchases (including repurchases) of mortgage loans amounting to $ 104 million and $ 185 million, respectively; consumer loans of $ 89 million and $ 158 million, respectively; and commercial loans (including loan participations) of $ 29 million and $ 43 million, respectively. The Corporation performed whole-loan sales involving approximately $ 29 million and $ 39 million of residential mortgage loans during the quarter and six months ended June 30, 2020, respectively (June 30, 2019 - $ 15 million and $ 28 million, respectively). Also, the Corporation securitized approximately $ 63 million and $ 114 million of mortgage loans into Government National Mortgage Association (“GNMA”) mortgage-backed securities during the quarter and six months ended June 30, 2020 , respectively ( June 30, 2019 - $ 88 million and $ 159 million, respectively). Furthermore, the Corporation securitized approximately $ 6 million and $ 40 million of mortgage loans into Federal National Mortgage Association (“FNMA”) mortgage-backed securities during the quarter and six months ended June 30, 2020 , respectively ( June 30, 2019 - $ 31 million and $ 52 million, respectively). During the quarter and six months ended June 30, 2020 , the Corporation performed sales of commercial and construction loans, including loan participations amounting to $ 4 million and $ 6 million, respectively (June 30, 2019 - $ 25 million and $ 33 million, respectively). Delinquency status The following tables present 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 June 30, 2020 and December 31, 2019. June 30, 2020 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 [1] past due Current Loans HIP loans loans Commercial multi-family $ 1,641 $ 2,524 $ 1,368 $ 5,533 $ 142,630 $ 148,163 $ 1,368 $ - Commercial real estate: Non-owner occupied 24,091 4,120 108,671 136,882 1,940,018 2,076,900 108,671 - Owner occupied 19,439 5,471 101,112 126,022 1,554,153 1,680,175 101,112 - Commercial and industrial 5,422 15,404 43,892 64,718 4,382,221 4,446,939 42,739 1,153 Construction - - - - 176,612 176,612 - - Mortgage 279,498 123,158 1,256,359 1,659,015 4,751,803 6,410,818 397,262 859,097 [2] Leasing 11,386 10,355 4,751 26,492 1,071,696 1,098,188 4,751 - Consumer: Credit cards 9,128 15,424 17,849 42,401 934,981 977,382 - 17,849 Home equity lines of credit 14 262 6 282 4,284 4,566 - 6 Personal 20,485 13,730 34,834 69,049 1,300,646 1,369,695 34,834 - Auto 64,977 29,813 22,111 116,901 2,787,423 2,904,324 22,111 - Other 700 344 14,426 15,470 114,971 130,441 13,755 671 Total $ 436,781 $ 220,605 $ 1,605,379 $ 2,262,765 $ 19,161,438 $ 21,424,203 $ 726,603 $ 878,776 [1] Loans included as 90 days or more past due include loans that that are not delinquent in their payment terms but that are reported as non-performing due to other credit quality considerations. As part of the adoption of CECL, at January 1, 2020, the Corporation reclassified to this category $ 134 million of acquired loans with credit deterioration that were previously accounted for under ASC 310-30 and were excluded from non-performing status. In addition, as part of the CECL transition, an additional $ 125 million of loans that were 90 days or more past due previously accounted for under ASC 310-30 and excluded from non-performing status are now included as non-performing. [2] 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. These include loans rebooked, which were previously pooled into GNMA securities amounting to $ 522 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 in our serviced GNMA portfolio benefit from payment forbearance programs but continue to reflect the contractual delinquency until the borrower repays deferred payments or completes a payment deferral modification or other borrower assistance alternative. June 30, 2020 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 Commercial multi-family $ - $ 366 $ 2,097 $ 2,463 $ 1,637,996 $ 1,640,459 $ 2,097 $ - Commercial real estate: Non-owner occupied 1,692 5,136 397 7,225 1,945,365 1,952,590 397 - Owner occupied 1,010 - 352 1,362 345,412 346,774 352 - Commercial and industrial 4,441 6,061 4,392 14,894 1,428,188 1,443,082 4,392 - Construction 23,209 9,600 - 32,809 719,086 751,895 - - Mortgage 2,532 4,477 14,144 21,153 1,089,824 1,110,977 14,144 - Legacy 29 83 2,001 2,113 14,887 17,000 2,001 - Consumer: Credit cards - - - - 26 26 - - Home equity lines of credit 1,715 655 8,242 10,612 100,095 110,707 8,242 - Personal 1,638 1,524 1,976 5,138 266,330 271,468 1,976 - Other - - - - 1,372 1,372 - - Total $ 36,266 $ 27,902 $ 33,601 $ 97,769 $ 7,548,581 $ 7,646,350 $ 33,601 $ - June 30, 2020 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 [3] past due Current Loans HIP [4] [5] loans loans Commercial multi-family $ 1,641 $ 2,890 $ 3,465 $ 7,996 $ 1,780,626 $ 1,788,622 $ 3,465 $ - Commercial real estate: Non-owner occupied 25,783 9,256 109,068 144,107 3,885,383 4,029,490 109,068 - Owner occupied 20,449 5,471 101,464 127,384 1,899,565 2,026,949 101,464 - Commercial and industrial 9,863 21,465 48,284 79,612 5,810,409 5,890,021 47,131 1,153 Construction 23,209 9,600 - 32,809 895,698 928,507 - - Mortgage [1] 282,030 127,635 1,270,503 1,680,168 5,841,627 7,521,795 411,406 859,097 [6] Leasing 11,386 10,355 4,751 26,492 1,071,696 1,098,188 4,751 - Legacy [2] 29 83 2,001 2,113 14,887 17,000 2,001 - Consumer: Credit cards 9,128 15,424 17,849 42,401 935,007 977,408 - 17,849 Home equity lines of credit 1,729 917 8,248 10,894 104,379 115,273 8,242 6 Personal 22,123 15,254 36,810 74,187 1,566,976 1,641,163 36,810 - Auto 64,977 29,813 22,111 116,901 2,787,423 2,904,324 22,111 - Other 700 344 14,426 15,470 116,343 131,813 13,755 671 Total $ 473,047 $ 248,507 $ 1,638,980 $ 2,360,534 $ 26,710,019 $ 29,070,553 $ 760,204 $ 878,776 [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 included as 90 days or more past due include loans that that are not delinquent in their payment terms but that are reported as non-performing due to other credit quality considerations. As part of the adoption of CECL, at January 1, 2020, the Corporation reclassified to this category $ 134 million of acquired loans with credit deterioration that were previously accounted for under ASC 310-30 and were excluded from non-performing status. In addition, as part of the CECL transition, an additional $ 144 million of loans that were 90 days or more past due previously accounted for under ASC 310-30 and excluded from non-performing status are now included as non-performing. [4] Loans held-in-portfolio are net of $ 180 million in unearned income and exclude $ 69 million in loans held-for-sale. [5] Includes $ 7.1 billion pledged to secure credit facilities and public funds that the secured parties are not permitted to sell or repledge the collateral, of which $ 4.5 billion were pledged at the Federal Home Loan Bank ("FHLB") as collateral for borrowings and $ 2.6 billion at the Federal Reserve Bank ("FRB") for discount window borrowings. [6] 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. These include loans rebooked, which were previously pooled into GNMA securities amounting to $ 522 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 in our serviced GNMA portfolio benefit from payment forbearance programs but continue to reflect the contractual delinquency until the borrower repays deferred payments or completes a payment deferral modification or other borrower assistance alternative. December 31, 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 $ 2,941 $ 129 $ 1,512 $ 4,582 $ 143,267 $ 147,849 $ 1,473 $ - Commercial real estate: Non-owner occupied 10,439 5,244 43,664 59,347 2,048,871 2,108,218 39,968 - Owner occupied 5,704 3,978 84,537 94,219 1,492,110 1,586,329 69,276 - Commercial and industrial 8,780 1,646 37,156 47,582 3,371,152 3,418,734 36,538 544 Construction 1,555 - 119 1,674 135,796 137,470 119 - Mortgage 285,006 146,197 837,651 1,268,854 4,897,894 6,166,748 283,708 439,662 Leasing 12,014 3,053 3,657 18,724 1,040,783 1,059,507 3,657 - Consumer: Credit cards 11,358 7,928 19,461 38,747 1,085,053 1,123,800 - 19,461 Home equity lines of credit - 85 - 85 4,953 5,038 - - Personal 13,481 9,352 20,296 43,129 1,325,021 1,368,150 19,529 61 Auto 81,169 23,182 31,148 135,499 2,782,023 2,917,522 31,148 - Other 358 1,418 14,189 15,965 124,902 140,867 13,784 405 Total $ 432,805 $ 202,212 $ 1,093,390 $ 1,728,407 $ 18,451,825 $ 20,180,232 $ 499,200 $ 460,133 [1] Loans HIP of $ 134 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 would accrete interest income over the remaining life of the loans using estimated cash flow analysis. December 31, 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 $ 9 $ - $ 2,097 $ 2,106 $ 1,645,204 $ 1,647,310 $ 2,097 $ - Commercial real estate: Non-owner occupied 1,047 - 281 1,328 1,868,968 1,870,296 281 - Owner occupied 1,750 - 251 2,001 337,134 339,135 251 - Commercial and industrial 454 128 19,945 20,527 1,174,353 1,194,880 876 - Construction - - 26 26 693,596 693,622 26 - Mortgage 15,474 4,024 11,091 30,589 986,195 1,016,784 11,091 - Legacy 49 8 1,999 2,056 20,049 22,105 1,999 - Consumer: Credit cards - - - - 36 36 - - Home equity lines of credit 404 267 9,954 10,625 106,718 117,343 9,954 - Personal 2,286 1,582 2,066 5,934 318,506 324,440 2,066 - Other 3 - - 3 687 690 - - Total $ 21,476 $ 6,009 $ 47,710 $ 75,195 $ 7,151,446 $ 7,226,641 $ 28,641 $ - [1] Loans HIP of $ 19 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 would accrete interest income over the remaining life of the loans using estimated cash flow analysis. December 31, 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 $ 2,950 $ 129 $ 3,609 $ 6,688 $ 1,788,471 $ 1,795,159 $ 3,570 $ - Commercial real estate: Non-owner occupied 11,486 5,244 43,945 60,675 3,917,839 3,978,514 40,249 - Owner occupied 7,454 3,978 84,788 96,220 1,829,244 1,925,464 69,527 - Commercial and industrial 9,234 1,774 57,101 68,109 4,545,505 4,613,614 37,414 544 Construction 1,555 - 145 1,700 829,392 831,092 145 - Mortgage [1] 300,480 150,221 848,742 1,299,443 5,884,089 7,183,532 294,799 439,662 Leasing 12,014 3,053 3,657 18,724 1,040,783 1,059,507 3,657 - Legacy [2] 49 8 1,999 2,056 20,049 22,105 1,999 - Consumer: Credit cards 11,358 7,928 19,461 38,747 1,085,089 1,123,836 - 19,461 Home equity lines of credit 404 352 9,954 10,710 111,671 122,381 9,954 - Personal 15,767 10,934 22,362 49,063 1,643,527 1,692,590 21,595 61 Auto 81,169 23,182 31,148 135,499 2,782,023 2,917,522 31,148 - Other 361 1,418 14,189 15,968 125,589 141,557 13,784 405 Total $ 454,281 $ 208,221 $ 1,141,100 $ 1,803,602 $ 25,603,271 $ 27,406,873 $ 527,841 $ 460,133 [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 $ 181 million in unearned income and exclude $ 59 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 FHLB as collateral for borrowings and $ 2.1 billion at the FRB for discount window borrowings. [5] Loans HIP of $ 153 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 would accrete interest income over the remaining life of the loans using estimated cash flow analysis. Recognition of interest income on mortgage loans is generally discontinued when loans are 90 days or more in arrears on payments of principal or interest. The Corporation discontinues the recognition of interest income on residential mortgage loans insured by the Federal Housing Administration (“FHA”) or guaranteed by the U.S. Department of Veterans Affairs (“VA”) when 15 months delinquent as to principal or interest, since the principal repayment on these loans is insured. At June 30, 2020, mortgage loans held-in-portfolio include $ 1.8 billion of loans insured by the Federal Housing Administration (“FHA”), or guaranteed by the U.S. Department of Veterans Affairs (“VA”) of which $ 859 million are 90 days or more past due, including $ 522 million of loans rebooked under the GNMA buyback option, discussed below (December 31, 2019 - $ 1.4 billion, $ 441 million and $ 103 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 $ 234 million of residential mortgage loans in Puerto Rico that are no longer accruing interest as of June 30, 2020 (December 31, 2019 - $ 213 million). Additionally, the Corporation has approximately $ 62 million in reverse mortgage loans in Puerto Rico which are guaranteed by FHA, but which are currently not accruing interest at June 30, 2020 (December 31, 2019 - $ 65 million). Loans with a delinquency status of 90 days past due as of June 30, 2020 include $ 522 million in loans previously pooled into GNMA securities (December 31, 2019 - $ 103 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 in our serviced GNMA portfolio benefit from payment forbearance programs but continue to reflect the contractual delinquency until the borrower repays deferred payments or completes a payment deferral modification or other borrower assistance alternative. The following table presents the amortized cost basis of non-accrual loans as of June 30, 2020 by class of loans and the related interest income recognized on these loans: June 30, 2020 Puerto Rico Popular U.S. Popular, Inc. (In thousands) Non-accrual with no allowance Non-accrual with allowance Interest income recognized Non-accrual with no allowance Non-accrual with allowance Interest income recognized Non-accrual with no allowance Non-accrual with allowance Interest income recognized Commercial multi-family $ - $ 1,368 $ - $ - $ 2,097 $ - $ - $ 3,465 $ - Commercial real estate non-owner occupied 40,648 68,023 232 - 397 - 40,648 68,420 232 Commercial real estate owner occupied 30,622 70,490 428 - 352 - 30,622 70,842 428 Commercial and industrial 25,403 17,336 196 3,746 646 - 29,149 17,982 196 Mortgage 143,201 254,061 1,218 615 13,529 8 143,816 267,590 1,226 Leasing 30 4,721 1 - - - 30 4,721 1 Legacy - - - - 2,001 - - 2,001 - Consumer: HELOCs - - - - 8,242 - - 8,242 - Personal 5,958 28,876 288 - 1,976 3 5,958 30,852 291 Auto 43 22,068 336 - - - 43 22,068 336 Other - 13,755 119 - - - - 13,755 119 Total $ 245,905 $ 480,698 $ 2,818 $ 4,361 $ 29,240 $ 11 $ 250,266 $ 509,938 $ 2,829 Loans in non-accrual status with no allowance include $ 241 million in collateral dependent loans. The Corporation has designated loans classified as collateral dependent for which it applies the practical expedient to measure the ACL based on the fair value of the collateral less cost to sell, when the repayment is expected to be provided substantially by the sale or operation of the collateral and the borrower is experiencing financial difficulty. The fair value of the collateral is based on appraisals, which may be adjusted due to their age, and the type, location, and condition of the property or area or general market conditions to reflect the expected change in value between the effective date of the appraisal and the measurement date. Appraisals are updated every one to two years depending on the type of loan and the total exposure of the borrower. The following table present the amortized cost basis of collateral-dependent loans by class of loans and type of collateral as of June 30, 2020: June 30, 2020 (In thousands) Real Estate Auto Equipment Taxi Medallions Accounts Receivables Other Total Puerto Rico Commercial real estate: Non-owner occupied $ 295,441 $ - $ - $ - $ - $ - $ 295,441 Owner occupied 60,594 - - - - - 60,594 Commercial and industrial 3,862 - - - 13,359 15,165 32,386 Mortgage 188,084 - - - - - 188,084 Leases - 31 - - - - 31 Consumer: Personal 5,776 - - - - - 5,776 Auto - 43 - - - - 43 Total Puerto Rico $ 553,757 $ 74 $ - $ - $ 13,359 $ 15,165 $ 582,355 Popular U.S. Commercial multi-family $ 2,097 $ - $ - $ - $ - $ - $ 2,097 Commercial and industrial - - - 3,747 - - 3,747 Mortgage 717 - - - - - 717 Total Popular U.S. $ 2,814 $ - $ - $ 3,747 $ - $ - $ 6,561 Popular, Inc. Commercial multi-family $ 2,097 $ - $ - $ - $ - $ - $ 2,097 Commercial real estate: Non-owner occupied 295,441 - - - - - 295,441 Owner occupied 60,594 - - - - - 60,594 Commercial and industrial 3,862 - - 3,747 13,359 15,165 36,133 Mortgage 188,801 - - - - - 188,801 Leases - 31 - - - - 31 Consumer: Personal 5,776 - - - - - 5,776 Auto - 43 - - - - 43 Total Popular, Inc. $ 556,571 $ 74 $ - $ 3,747 $ 13,359 $ 15,165 $ 588,916 Purchased Credit Deteriorated Loans (PCD) The Corporation has purchased loans during the quarter and six months ended, for which there was, at acquisition, evidence of more than insignificant deterioration of credit quality since origination. The carrying amount of those loans is as follows: (In thousands) For the quarter ended June 30, 2020 For the six months ended June 30, 2020 Purchase price of loans at acquisition $ 1,627 $ 4,739 Allowance for credit losses at acquisition 567 996 Non-credit discount/premium at acquisition 74 212 Par value of acquired loans at acquisition $ 2,268 $ 5,947 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 $ 1.9 billion at December 31, 2019. 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 December 31, 2019. Carrying amount (In thousands) December 31, 2019 Commercial real estate $ 670,566 Commercial and industrial 104,756 Mortgage 856,618 Consumer 11,778 Carrying amount 1,643,718 Allowance for loan losses ( 74,039) Carrying amount, net of allowance $ 1,569,679 At December 31, 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 quarter and six months ended June 30, 2019, were as follows: Carrying amount of acquired loans accounted for pursuant to ASC 310-30 (In thousands) For the quarter ended June 30, 2019 For the six months ended June 30, 2019 Beginning balance $ 1,831,257 $ 1,883,556 Additions 10,528 15,748 Accretion 38,177 75,581 Collections / loan sales / charge-offs ( 90,725) ( 185,648) Ending balance [1] $ 1,789,237 $ 1,789,237 Allowance for loan losses ( 120,818) ( 120,818) Ending balance, net of ALLL $ 1,668,419 $ 1,668,419 [1] At June 30, 2019, includes $ 1.3 billion of loans considered non-credit impaired at the acquisition date. Activity in the accretable yield of acquired loans accounted for pursuant to ASC 310-30 (In thousands) For the quarter ended June 30, 2019 For the six months ended June 30, 2019 Beginning balance $ 1,068,167 $ 1,092,504 Additions 8,976 11,866 Accretion ( 38,177) ( 75,581) Change in expected cash flows 3,441 13,618 Ending balance [1] $ 1,042,407 $ 1,042,407 [1] At June 30, 2019, includes $ 0.7 billion of loans considered non-credit impaired at the acquisition date.

Allowance for credit losses

Allowance for credit losses	6 Months Ended
	Jun. 30, 2020
Allowance for Credit Loss
Allowance for loan losses	Note 9 – Allowance for credit losses – loans held-in-portfolio The Corporation follows the current expected credit loss (“CECL”) model, to establish and evaluate the adequacy of the allowance for credit losses (“ACL”) to provide for expected losses in the loan portfolio. This model establishes a forward-looking methodology that reflects the expected credit losses over the lives of financial assets, starting when such assets are first acquired. In addition, CECL provides that the initial allowance for credit losses on purchased credit deteriorated (“PCD”) financial assets will be recorded as an increase to the purchase price, with subsequent changes to the allowance recorded as a credit loss expense. The provision for credit losses charged to current operations is based on this methodology. Loan losses are charged and recoveries are credited to the ACL. Refer to Note 4 - Summary of significant accounting policies, for a description of the Corporation’s methodology to estimate the ACL. As part of the first quarter’s ACL calculation, the Corporation selected Moody’s Analytics March 27th S3 Downside Scenario. This scenario, which contemplates a double-dip recession, had the recession peaking during the second quarter of 2020. During that quarter US real GDP declined by 25%, and the US unemployment rate increased to 13%. This scenario had a similar path for the PR economy in the second quarter of 2020 where economic activity decreased by 18%, and the unemployment rate peaked at 13.5%. After a modest rebound in the third quarter of 2020, the economy continued its decline through the first half of 2021 with a sustained recovery beginning during the second quarter of 2021. The unemployment rate for 2021 averaged 9.8% and 11.7% for the US and PR, respectively. In order to calculate the ACL for the second quarter, the Corporation selected Moody’s Analytics June Baseline scenario. This scenario exhibits greater deterioration in the economy at its peak, with US and PR economic activity declining by 33.4% and 24.6% during the second quarter of 2020, respectively, while unemployment rate increases to 14.0% and 14.4% for the US and PR, respectively. This scenario includes a significant pickup in economic activity during the third quarter of 2020, in part driven by federal stimulus and the resumption of economic activity in the different states. However, from the fourth quarter of 2020 through the second quarter of 2021, the economy experiences a slow, U-Shaped recovery. Unemployment levels remained elevated during 2021 with the unemployment rate averaging 9.3% and 11.5% for the US and PR, respectively. Subsequent changes to this forecast and related estimates will be reflected in the provision for credit losses in future periods. The following tables present the changes in the allowance for credit losses, and loan ending balances for the quarters and six months ended June 30, 2020 and 2019. For the quarter ended June 30, 2020 Puerto Rico (In thousands) Commercial Construction Mortgage Leasing Consumer Total Allowance for credit losses: Beginning balance $ 207,850 $ 419 $ 202,800 $ 12,589 $ 333,277 $ 756,935 Provision (reversal of provision) 8,174 ( 260) 3,437 3,894 45,178 60,423 Initial allowance for credit losses - PCD Loans - - 567 - - 567 Charge-offs ( 2,746) - ( 9,417) ( 3,949) ( 57,902) ( 74,014) Recoveries 1,649 195 1,863 559 7,605 11,871 Ending balance $ 214,927 $ 354 $ 199,250 $ 13,093 $ 328,158 $ 755,782 For the quarter ended June 30, 2020 Popular U.S. (In thousands) Commercial Construction Mortgage Legacy Consumer Total Allowance for credit losses: Beginning balance $ 97,198 $ 2,172 $ 24,287 $ 2,026 $ 37,098 $ 162,781 Provision (reversal of provision) 1,934 3,891 ( 1,319) 139 ( 1,964) 2,681 Charge-offs ( 386) - ( 7) ( 5) ( 4,873) ( 5,271) Recoveries 1,283 - 26 ( 108) 1,260 2,461 Ending balance $ 100,029 $ 6,063 $ 22,987 $ 2,052 $ 31,521 $ 162,652 For the quarter ended June 30, 2020 Popular, Inc. (In thousands) Commercial Construction Mortgage Legacy Leasing Consumer Total Allowance for credit losses: Beginning balance $ 305,048 $ 2,591 $ 227,087 $ 2,026 $ 12,589 $ 370,375 $ 919,716 Provision (reversal of provision) 10,108 3,631 2,118 139 3,894 43,214 63,104 Initial allowance for credit losses - PCD Loans - - 567 - - - 567 Charge-offs ( 3,132) - ( 9,424) ( 5) ( 3,949) ( 62,775) ( 79,285) Recoveries 2,932 195 1,889 ( 108) 559 8,865 14,332 Ending balance $ 314,956 $ 6,417 $ 222,237 $ 2,052 $ 13,093 $ 359,679 $ 918,434 For the six months ended June 30, 2020 Puerto Rico (In thousands) Commercial Construction Mortgage Leasing Consumer Total Allowance for credit losses: Beginning balance $ 131,063 $ 574 $ 116,281 $ 10,768 $ 173,965 $ 432,651 Impact of adopting CECL 62,393 115 86,081 ( 713) 122,492 270,368 Provision (reversal of provision) 23,148 ( 549) 8,984 9,735 132,109 173,427 Initial allowance for credit losses - PCD Loans - - 996 - - 996 Charge-offs ( 5,740) - ( 17,723) ( 7,724) ( 115,986) ( 147,173) Recoveries 4,063 214 4,631 1,027 15,578 25,513 Ending balance $ 214,927 $ 354 $ 199,250 $ 13,093 $ 328,158 $ 755,782 For the six months ended June 30, 2020 Popular U.S. (In thousands) Commercial Construction Mortgage Legacy Consumer Total Allowance for credit losses: Beginning balance $ 15,989 $ 4,204 $ 4,827 $ 630 $ 19,407 $ 45,057 Impact of adopting CECL 29,103 ( 2,986) 10,431 382 7,809 44,739 Provision (reversal of provision) 54,140 4,690 7,709 1,052 11,081 78,672 Charge-offs ( 954) - ( 16) ( 14) ( 9,811) ( 10,795) Recoveries 1,751 155 36 2 3,035 4,979 Ending balance $ 100,029 $ 6,063 $ 22,987 $ 2,052 $ 31,521 $ 162,652 For the six months ended June 30, 2020 Popular, Inc. (In thousands) Commercial Construction Mortgage Legacy Leasing Consumer Total Allowance for credit losses: Beginning balance $ 147,052 $ 4,778 $ 121,108 $ 630 $ 10,768 $ 193,372 $ 477,708 Impact of adopting CECL 91,496 ( 2,871) 96,512 382 ( 713) 130,301 315,107 Provision (reversal of provision) 77,288 4,141 16,693 1,052 9,735 143,190 252,099 Initial allowance for credit losses - PCD Loans - - 996 - - - 996 Charge-offs ( 6,694) - ( 17,739) ( 14) ( 7,724) ( 125,797) ( 157,968) Recoveries 5,814 369 4,667 2 1,027 18,613 30,492 Ending balance $ 314,956 $ 6,417 $ 222,237 $ 2,052 $ 13,093 $ 359,679 $ 918,434 For the quarter ended June 30, 2019 Puerto Rico (In thousands) Commercial Construction Mortgage Leasing Consumer Total Allowance for credit losses: Beginning balance $ 188,931 $ 822 $ 137,856 $ 9,109 $ 147,665 $ 484,383 Provision (reversal of provision) 1,480 2,120 ( 1,213) ( 572) 27,160 28,975 Charge-offs ( 5,395) ( 30) ( 9,996) ( 2,331) ( 37,920) ( 55,672) Recoveries 5,211 84 1,283 701 11,226 18,505 Ending balance $ 190,227 $ 2,996 $ 127,930 $ 6,907 $ 148,131 $ 476,191 Specific ALLL $ 31,698 $ 90 $ 41,158 $ 234 $ 22,592 $ 95,772 General ALLL $ 158,529 $ 2,906 $ 86,772 $ 6,673 $ 125,539 $ 380,419 Loans held-in-portfolio: Impaired loans $ 386,310 $ 1,788 $ 521,257 $ 865 $ 98,901 $ 1,009,121 Loans held-in-portfolio excluding impaired loans 6,953,539 107,170 5,781,701 990,681 5,199,449 19,032,540 Total loans held-in-portfolio $ 7,339,849 $ 108,958 $ 6,302,958 $ 991,546 $ 5,298,350 $ 20,041,661 For the quarter ended June 30, 2019 Popular U.S. (In thousands) Commercial Construction Mortgage Legacy Consumer Total Allowance for credit losses: Beginning balance $ 35,558 $ 6,674 $ 4,442 $ 829 $ 18,742 $ 66,245 Provision (reversal of provision) 5,535 213 374 ( 332) 5,426 11,216 Charge-offs ( 6,344) - ( 343) ( 20) ( 5,609) ( 12,316) Recoveries 553 - 113 297 1,367 2,330 Ending balance $ 35,302 $ 6,887 $ 4,586 $ 774 $ 19,926 $ 67,475 Specific ALLL $ - $ - $ 2,392 $ - $ 1,863 $ 4,255 General ALLL $ 35,302 $ 6,887 $ 2,194 $ 774 $ 18,063 $ 63,220 Loans held-in-portfolio: Impaired loans $ 3,961 $ 12,060 $ 9,393 $ - $ 9,950 $ 35,364 Loans held-in-portfolio excluding impaired loans 4,872,793 704,401 886,608 23,893 441,025 6,928,720 Total loans held-in-portfolio $ 4,876,754 $ 716,461 $ 896,001 $ 23,893 $ 450,975 $ 6,964,084 For the quarter ended June 30, 2019 Popular, Inc. (In thousands) Commercial Construction Mortgage Legacy Leasing Consumer Total Allowance for credit losses: Beginning balance $ 224,489 $ 7,496 $ 142,298 $ 829 $ 9,109 $ 166,407 $ 550,628 Provision (reversal of provision) 7,015 2,333 ( 839) ( 332) ( 572) 32,586 40,191 Charge-offs ( 11,739) ( 30) ( 10,339) ( 20) ( 2,331) ( 43,529) ( 67,988) Recoveries 5,764 84 1,396 297 701 12,593 20,835 Ending balance $ 225,529 $ 9,883 $ 132,516 $ 774 $ 6,907 $ 168,057 $ 543,666 Specific ALLL $ 31,698 $ 90 $ 43,550 $ - $ 234 $ 24,455 $ 100,027 General ALLL $ 193,831 $ 9,793 $ 88,966 $ 774 $ 6,673 $ 143,602 $ 443,639 Loans held-in-portfolio: Impaired loans $ 390,271 $ 13,848 $ 530,650 $ - $ 865 $ 108,851 $ 1,044,485 Loans held-in-portfolio excluding impaired loans 11,826,332 811,571 6,668,309 23,893 990,681 5,640,474 25,961,260 Total loans held-in-portfolio $ 12,216,603 $ 825,419 $ 7,198,959 $ 23,893 $ 991,546 $ 5,749,325 $ 27,005,745 For the six months ended June 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) ( 209) 2,039 4,848 ( 1,463) 55,214 60,429 Charge-offs ( 24,856) ( 52) ( 23,170) ( 4,427) ( 73,789) ( 126,294) Recoveries 8,078 123 3,274 1,311 22,112 34,898 Ending balance $ 190,227 $ 2,996 $ 127,930 $ 6,907 $ 148,131 $ 476,191 Specific ALLL $ 31,698 $ 90 $ 41,158 $ 234 $ 22,592 $ 95,772 General ALLL $ 158,529 $ 2,906 $ 86,772 $ 6,673 $ 125,539 $ 380,419 Loans held-in-portfolio: Impaired loans $ 386,310 $ 1,788 $ 521,257 $ 865 $ 98,901 $ 1,009,121 Loans held-in-portfolio excluding impaired loans 6,953,539 107,170 5,781,701 990,681 5,199,449 19,032,540 Total loans held-in-portfolio $ 7,339,849 $ 108,958 $ 6,302,958 $ 991,546 $ 5,298,350 $ 20,041,661 For the six months ended June 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) 12,026 341 611 ( 1,187) 9,796 21,587 Charge-offs ( 9,825) - ( 594) 144 ( 11,260) ( 21,535) Recoveries 1,200 8 135 848 3,042 5,233 Ending balance $ 35,302 $ 6,887 $ 4,586 $ 774 $ 19,926 $ 67,475 Specific ALLL $ - $ - $ 2,392 $ - $ 1,863 $ 4,255 General ALLL $ 35,302 $ 6,887 $ 2,194 $ 774 $ 18,063 $ 63,220 Loans held-in-portfolio: Impaired loans $ 3,961 $ 12,060 $ 9,393 $ - $ 9,950 $ 35,364 Loans held-in-portfolio excluding impaired loans 4,872,793 704,401 886,608 23,893 441,025 6,928,720 Total loans held-in-portfolio $ 4,876,754 $ 716,461 $ 896,001 $ 23,893 $ 450,975 $ 6,964,084 For the six months ended June 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) 11,817 2,380 5,459 ( 1,187) ( 1,463) 65,010 82,016 Charge-offs ( 34,681) ( 52) ( 23,764) 144 ( 4,427) ( 85,049) ( 147,829) Recoveries 9,278 131 3,409 848 1,311 25,154 40,131 Ending balance $ 225,529 $ 9,883 $ 132,516 $ 774 $ 6,907 $ 168,057 $ 543,666 Specific ALLL $ 31,698 $ 90 $ 43,550 $ - $ 234 $ 24,455 $ 100,027 General ALLL $ 193,831 $ 9,793 $ 88,966 $ 774 $ 6,673 $ 143,602 $ 443,639 Loans held-in-portfolio: Impaired loans $ 390,271 $ 13,848 $ 530,650 $ - $ 865 $ 108,851 $ 1,044,485 Loans held-in-portfolio excluding impaired loans 11,826,332 811,571 6,668,309 23,893 990,681 5,640,474 25,961,260 Total loans held-in-portfolio $ 12,216,603 $ 825,419 $ 7,198,959 $ 23,893 $ 991,546 $ 5,749,325 $ 27,005,745 The following table presents the changes in the allowance for credit losses on unfunded commitments, which is presented as part of Other Liabilities, for the quarters and six months ended June 30, 2020 and 2019. For the quarters ended For the six months ended (In thousands) June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Allowance for credit losses on unfunded commitments: Balance at beginning of period $ 4,466 $ 8,335 $ 8,717 $ 8,216 Impact of adopting CECL - - ( 5,460) - Provision 2,251 400 3,460 519 Ending balance $ 6,717 $ 8,735 $ 6,717 $ 8,735 The following table provides the activity in the allowance for credit losses related to loans accounted for pursuant to ASC Subtopic 310-30 . For the quarters ended For the six months ended (In thousands) June 30, 2019 June 30, 2019 Balance at beginning of period $ 124,147 $ 122,135 Provision (reversal of provision) 4,884 12,610 Net charge-offs ( 8,213) ( 13,927) Balance at end of period $ 120,818 $ 120,818 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 2019 Form 10-K. The outstanding balance of loans classified as TDRs amounted to $ 1.6 billion at June 30, 2020 (December 31, 2019 - $ 1.6 billion). The amount of outstanding commitments to lend additional funds to debtors owing receivables whose terms have been modified in TDRs amounted to $ 13 million related to the commercial loan portfolio at June 30, 2020 (December 31, 2019 - $ 14 million). At June 30, 2020, the mortgage loan TDRs include $ 642 million guaranteed by U.S. sponsored entities at BPPR, compared to $ 625 million at December 31, 2019. In response to the COVID-19 pandemic, the Corporation has entered into loan modifications with eligible customers in mortgage, personal loans, credit cards, auto loans and leases and certain commercial credit facilities, comprised mainly of payment deferrals of up to six months, subject to certain terms and conditions. These loan modifications do not affect the asset quality measures as the deferred payments are not deemed to be delinquent and the Corporation continues to accrue interest on these loans. The Puerto Rico Legislative Assembly enacted legislation in April 2020 that required financial institutions to offer through June 2020 moratoriums on consumer financial products to clients impacted by the COVID-19 pandemic and recently extended relief with respect to mortgage products through August 2020. The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), signed by the President of the United States as part of an economic stimulus package, provided relief related to U.S. GAAP requirements for loan modifications related to COVID-19 relief measures. In addition, the Federal Reserve, along with other U.S. banking regulators, also issued interagency guidance to financial institutions that offers some practical expedients for evaluating whether loan modifications that occur in response to the COVID-19 pandemic are TDRs. According to the interagency guidance, COVID-19 related short-term modifications (i.e., six months or less) granted to consumer or commercial loans that were current as of the date of the loan modification are not TDRs, since the lender can conclude that the borrower is current on their loan and thus not experiencing financial difficulties and furthermore the period of the deferral granted does not represent a more than insignificant concession on the part of the lender. In addition, a modification or deferral program that is mandated by the federal government or a state government (e.g., a state program that requires all institutions within that state to suspend mortgage payments for a specified period) does not represent a TDR. At June 30, 2020, the Corporation had granted a loan payment moratorium to 116,226 eligible retail customers with an aggregate book value of $ 3.9 billion, and to 5,003 eligible commercial clients with an aggregate book value of $ 4.1 billion in response to the COVID-19 pandemic. Taking into consideration the criteria of whether the borrower was in financial difficulties at the time of the deferral and whether the deferral period was more than insignificant, these payment deferrals as a result of the pandemic have not resulted in a significant increase in TDR loans. The following table presents the outstanding balance of loans classified as TDRs according to their accruing status and the related allowance at June 30, 2020 and December 31, 2019. June 30, 2020 December 31, 2019 (In thousands) Accruing Non-Accruing Total Related Allowance Accruing Non-Accruing Total Related Allowance Loans held-in-portfolio: Commercial $ 240,650 $ 108,075 $ 348,725 $ 23,751 $ 237,861 $ 111,587 $ 349,448 $ 16,443 Construction - - - - - 119 119 6 Mortgage 1,036,728 119,057 1,155,785 69,266 1,013,561 126,036 1,139,597 42,012 Leases 382 192 574 35 264 243 507 61 Consumer 78,829 15,265 94,094 27,317 82,205 15,808 98,013 21,404 Loans held-in-portfolio $ 1,356,589 $ 242,589 $ 1,599,178 $ 120,369 $ 1,333,891 $ 253,793 $ 1,587,684 $ 79,926 The following tables present the loan count by type of modification for those loans modified in a TDR during the quarters and six months ended June 30, 2020 and 2019. Loans modified as TDRs for the U.S. operations are considered insignificant to the Corporation. Popular, Inc. For the quarter ended June 30, 2020 For the six months ended June 30, 2020 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 - - - 1 - - Commercial real estate non-owner occupied - 1 - - - 2 - 1 Commercial real estate owner occupied - 13 - - - 19 - - Commercial and industrial - 15 - - 1 26 - - Mortgage - - 14 72 2 26 161 72 Leasing - - - 11 - - 3 11 Consumer: Credit cards 404 - - 52 552 - - 65 HELOCs - 1 - - - 1 1 - Personal 78 1 - - 178 2 - 1 Auto - - - 8 - 1 2 8 Other 1 - - - 2 - - - Total 483 32 14 143 735 78 167 158 Popular, Inc. For the quarter ended June 30, 2019 For the six months ended June 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 - - - 1 - - Commercial real estate non-owner occupied - 2 - - - 3 - - Commercial real estate owner occupied 1 5 - - 1 15 - - Commercial and industrial - 18 - - - 34 - - Mortgage 25 28 130 2 31 55 287 2 Leasing - - 1 - - - 1 - Consumer: Credit cards 161 - - 54 283 - 1 120 HELOCs - 6 5 - - 12 9 - Personal 192 1 - 1 344 3 - 1 Auto - 2 1 - - 4 1 - Other 9 - - - 15 - - - Total 388 63 137 57 674 127 299 123 The following tables present by class, quantitative information related to loans modified as TDRs during the quarters and six months ended June 30, 2020 and 2019. For the quarter ended June 30, 2020 (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 $ 993 $ 976 $ ( 19) Commercial real estate non-owner occupied 1 179 179 - Commercial real estate owner occupied 13 2,593 2,574 1 Commercial and industrial 15 849 845 2 Mortgage 86 14,448 8,954 833 Leasing 11 232 232 - Consumer: Credit cards 456 4,200 4,181 178 HELOCs 1 37 33 8 Personal 79 1,160 1,160 194 Auto 8 60 60 - Other 1 4 4 1 Total 672 $ 24,755 $ 19,198 $ 1,198 For the quarter ended June 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 2 2,253 2,246 789 Commercial real estate owner occupied 6 1,393 1,178 38 Commercial and industrial 18 4,370 4,356 471 Mortgage 185 20,218 18,320 687 Leasing 1 27 28 7 Consumer: Credit cards 215 1,772 1,938 186 HELOCs 11 1,389 1,389 265 Personal 194 3,143 3,142 830 Auto 3 38 43 8 Other 9 133 133 23 Total 645 $ 34,890 $ 32,889 $ 3,299 Popular, Inc. For the six months ended June 30, 2020 (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 $ 993 $ 976 $ ( 19) Commercial real estate non-owner occupied 3 3,418 3,418 ( 748) Commercial real estate owner occupied 19 6,499 6,476 106 Commercial and industrial 27 1,784 1,778 25 Mortgage 261 34,763 26,894 2,845 Leasing 14 326 327 6 Consumer: Credit cards 617 5,460 5,454 262 HELOCs 2 369 298 862 Personal 181 3,021 3,019 491 Auto 11 146 147 12 Other 2 24 24 6 Total 1,138 $ 56,803 $ 48,811 $ 3,848 Popular, Inc. For the six months ended June 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 3 2,567 2,557 807 Commercial real estate owner occupied 16 3,412 3,151 57 Commercial and industrial 34 8,313 8,835 785 Mortgage 375 40,950 36,911 1,358 Leasing 1 27 28 7 Consumer: Credit cards 404 3,315 3,468 357 HELOCs 21 2,083 2,010 320 Personal 348 6,290 6,295 1,635 Auto 5 63 66 12 Other 15 146 146 25 Total 1,223 $ 67,320 $ 63,583 $ 5,358 The following tables present, by class, TDRs that were subject to payment default and that had been modified as a TDR during the twelve months preceding the default date. Payment default is defined as a restructured loan becoming 90 days past due after being modified, foreclosed or charged-off, whichever occurs first. The recorded investment as of period end is inclusive of all partial paydowns and charge-offs since the modification date. Loans modified as a TDR that were fully paid down, charged-off or foreclosed upon by period end are not reported. Popular, Inc. Defaulted during the quarter endedJune 30, 2020 Defaulted during the six months ended June 30, 2020 (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 $ 1,700 1 $ 1,700 Commercial real estate owner occupied 3 603 5 846 Commercial and industrial 1 57 3 97 Mortgage 101 9,582 148 16,089 Consumer: Credit cards 82 652 123 866 HELOCs 1 31 1 31 Personal 48 579 83 1,364 Other 1 1 2 1 Total 238 $ 13,205 366 $ 20,994 Popular, Inc. Defaulted during the quarter endedJune 30, 2019 Defaulted during the six months ended June 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 - - 2 427 Commercial and industrial 2 6,998 3 7,048 Mortgage 11 602 19 1,347 Leasing - - 1 22 Consumer: Credit cards 105 1,051 185 1,853 Personal 84 2,273 124 3,624 Other 1 2 1 2 Total 203 $ 10,926 336 $ 14,370 Commercial, consumer and mortgage loans modified in a TDR are closely monitored for delinquency as an early indicator of possible future default. If loans modified in a TDR subsequently default, the Corporation evaluates the loan for possible further impairment. The allowance for credit losses may be increased or partial charge-offs may be taken to further write-down the carrying value of the loan. Credit Quality The risk rating system provides for the assignment of ratings at the obligor level based on the financial condition of the borrower. The risk rating analysis process is performed at least once a year or more frequently if events or conditions change which may deteriorate the credit quality. In the case of consumer and mortgage loans, these loans are classified considering their delinquency status at the end of the reporting period. The following table presents the amortized cost basis, net of unearned income, of loans held-in-portfolio based on the Corporation’s assignment of obligor risk ratings as defined at June 30, 2020 by vintage year. For the definitions of the obligor risk ratings, refer to the Credit Quality section of Note 9 to the Consolidated Financial Statements included in the Corporation’s Form 10-K for the year ended December 31, 2019. June 30, 2020 Term Loans Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Loans Amortized Cost Basis Amortized Cost Basis by Origination Year (In thousands) 2020 2019 2018 2017 2016 Prior Years Total Puerto Rico Commercial: Commercial multi-family Watch $ - $ - $ - $ - $ - $ 4,839 $ - $ - $ 4,839 Special mention - - - - - 3,831 - - 3,831 Substandard - - - - - 1,404 100 - 1,504 Pass/Unrated 5,265 36,872 26,424 2,126 4,763 62,539 - - 137,989 Total commercial multi-family $ 5,265 $ 36,872 $ 26,424 $ 2,126 $ 4,763 $ 72,613 $ 100 $ - $ 148,163 Commercial real estate non-owner occupied Watch $ 1,357 $ 96,147 $ 150,370 $ 68,910 $ 32,225 $ 263,971 $ - $ - $ 612,980 Special Mention - 27,733 - 119 34,559 171,770 2 - 234,183 Substandard - 47,533 27,100 4,216 17,638 169,815 95 - 266,397 Doubtful - - - - - 2,638 - - 2,638 Pass/Unrated 12,979 67,742 43,497 70,532 130,468 630,098 5,386 - 960,702 Total commercial real estate non-owner occupied $ 14,336 $ 239,155 $ 220,967 $ 143,777 $ 214,890 $ 1,238,292 $ 5,483 $ - $ 2,076,900 Commercial real estate owner occupied Watch $ 2,349 $ 21,985 $ 17,502 $ 12,524 $ 11,627 $ 193,381 $ 1,284 $ - $ 260,652 Special Mention 54 1,199 393 2,812 12,696 155,775 - - 172,929 Substandard - 2,543 38,389 1,618 28,588 160,872 - - 232,010 Doubtful - - - - - 1,780 - - 1,780 Pass/Unrated 125,974 73,675 69,378 71,383 134,542 517,031 20,821 - 1,012,804 Total commercial real estate owner occupied $ 128,377 $ 99,402 $ 125,662 $ 88,337 $ 187,453 $ 1,028,839 $ 22,105 $ - $ 1,680,175 Commercial and industrial Watch $ 87,921 $ 134,092 $ 178,463 $ 86,947 $ 42,467 $ 384,411 $ 158,988 $ - $ 1,073,289 Special Mention 13,707 8,838 11,684 18,669 2,967 121,591 31,931 - 209,387 Substandard 25,365 3,026 18,608 4,708 2,280 67,149 44,995 - 166,131 Doubtful - - - 8 - 92 1 - 101 Loss - - - - - - 13 - 13 Pass/Unrated 1,049,264 538,094 236,635 232,684 155,962 429,213 356,166 - 2,998,018 Total commercial and industrial $ 1,176,257 $ 684,050 $ 445,390 $ 343,016 $ 203,676 $ 1,002,456 $ 592,094 $ - $ 4,446,939 Construction Watch $ - $ 2,382 $ 14,961 $ - $ - $ - $ 340 $ - $ 17,683 Special Mention - - 675 - - - - - 675 Substandard - - - 21,274 - - - - 21,274 Pass/Unrated 200 32,478 11,941 61,526 952 - 29,883 - 136,980 Total construction $ 200 $ 34,860 $ 27,577 $ 82,800 $ 952 $ - $ 30,223 $ - $ 176,612 Mortgage Substandard $ - $ 75 $ 543 $ 6,760 $ 3,081 $ 141,627 $ - $ - $ 152,086 Pass/Unrated 66,032 241,427 189,294 229,641 236,672 5,295,666 - - 6,258,732 Total mortgage $ 66,032 $ 241,502 $ 189,837 $ 236,401 $ 239,753 $ 5,437,293 $ - $ - $ 6,410,818 Leasing Substandard $ 105 $ 1,113 $ 1,010 $ 905 $ 748 $ 871 $ - $ - $ 4,752 Pass/Unrated 216,468 362,984 251,172 137,438 86,160 39,214 - - 1,093,436 Total leasing $ 216,573 $ 364,097 $ 252,182 $ 138,343 $ 86,908 $ 40,085 $ - $ - $ 1,098,188 June 30, 2020 Term Loans Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Loans Amortized Cost Basis Amortized Cost Basis by Origination Year (In thousands) 2020 2019 2018 2017 2016 Prior Years Total Puerto Rico Consumer: Credit cards Substandard $ - $ - $ - $ - $ - $ - $ 17,849 $ - $ 17,849 Pass/Unrated - - - - - - 959,533 - 959,533 Total credit cards $ - $ - $ - $ - $ - $ - $ 977,382 $ - $ 977,382 HELOCs Pass/Unrated $ - $ - $ - $ - $ - $ 589 $ 3,977 $ - $ 4,566 Total HELOCs $ - $ - $ - $ - $ - $ 589 $ 3,977 $ - $ 4,566 Personal Substandard $ 406 $ 4,612 $ 1,962 $ 1,701 $ 1,213 $ 22,553 $ 5 $ 1,814 $ 34,266 Loss - 118 43 25 9 12 - - 207 Pass/Unrated 172,414 523,822 222,181 130,280 77,401 158,070 2,763 48,291 1,335,222 Total Personal $ 172,820 $ 528,552 $ 224,186 $ 132,006 $ 78,623 $ 180,635 $ 2,768 $ 50,105 $ 1,369,695 Auto Substandard $ 1,275 $ 6,367 $ 5,965 $ 3,241 $ 2,621 $ 2,642 $ - $ - $ 22,111 Pass/Unrated 416,560 997,272 738,141 367,906 223,903 138,431 - - 2,882,213 Total Auto $ 417,835 $ 1,003,639 $ 744,106 $ 371,147 $ 226,524 $ 141,073 $ - $ - $ 2,904,324 Other consumer Substandard $ - $ - $ 990 $ - $ 154 $ 12,950 $ - $ - $ 14,094 Pass/Unrated 5,647 18,699 13,351 7,247 3,107 12,268 56,028 - 116,347 Total Other consumer $ 5,647 $ 18,699 $ 14,341 $ 7,247 $ 3,261 $ 25,218 $ 56,028 $ - $ 130,441 Total Puerto Rico $ 2,203,342 $ 3,250,828 $ 2,270,672 $ 1,545,200 $ 1,246,803 $ 9,167,093 $ 1,690,160 $ 50,105 $ 21,424,203 June 30, 2020 Term Loans Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Loans Amortized Cost Basis Amortized Cost Basis by Origination Year (In thousands) 2020 2019 2018 2017 2016 Prior Years Total Popular U.S. Commercial: Commercial multi-family Watch $ 11,405 $ 50,845 $ 52,246 $ 50,347 $ 79,281 $ 82,293 $ - $ - $ 326,417 Special mention - 6,542 2,029 8,381 2,121 8,819 - - 27,892 Substandard - - - 2,097 7,484 1,778 - - 11,359 Pass/Unrated 98,960 344,335 206,128 114,403 207,622 300,196 3,147 - 1,274,791 Total commercial multi-family $ 110,365 $ 401,722 $ 260,403 $ 175,228 $ 296,508 $ 393,086 $ 3,147 $ - $ 1,640,459 Commercial real estate non-owner occupied Watch $ 5,182 $ 15,593 $ 107,740 $ 65,215 $ 61,756 $ 125,229 $ 342 $ - $ 381,057 Special Mention - 2,888 9,078 7,982 61,363 8,229 350 - 89,890 Substandard - 12,338 13,352 11,267 41,637 53,188 - - 131,782 Pass/Unrated 211,600 253,189 245,326 282,907 159,161 183,594 14,084 - 1,349,861 Total commercial real estate non-owner occupied $ 216,782 $ 284,008 $ 375,496 $ 367,371 $ 323,917 $ 370,240 $ 14,776 $ - $ 1,952,590 Commercial real estate owner occupied Watch $ - $ 9,512 $ 9,095 $ 4,297 $ 13,034 $ 13,945 $ 4,222 $ - $ 54,105 Special Mention - - 194 - - 5,516 - - 5,710 Substandard - - 1,342 - 1,365 20,583 - - 23,290 Pass/Unrated 21,405 48,103 46,977 35,339 25,381 85,773 691 - 263,669 Total commercial real estate owner occupied $ 21,405 $ 57,615 $ 57,608 $ 39,636 $ 39,780 $ 125,817 $ 4,913 $ - $ 346,774 Commercial and industrial Watch $ 16,892 $ 1,375 $ 302 $ 3,627 $ 749 $ 13,487 $ 6,070 $ - $ 42,502 Special Mention 2,982 - 250 170 4,647 928 258 - 9,235 Substandard 1,770 141 - - 508 6,130 18 - 8,567 Pass/Unrated 258,557 198,530 202,995 163,343 135,819 332,098 91,436 - 1,382,778 Total commercial and industrial $ 280,201 $ 200,046 $ 203,547 $ 167,140 $ 141,723 $ 352,643 $ 97,782 $ - $ 1,443,082 Construction Watch $ 3,079 $ - $ 11,005 $ 6 $ - $ 22,872 $ - $ - $ 36,962 Special Mention - - - - - 18,061 - - 18,061 Substandard - - 5,522 9,370 9,069 18,500 - - 42,461 Pass/Unrated 35,664 231,041 172,604 175,831 39,271 - - - 654,411 Total construction $ 38,743 $ 231,041 $ 189,131 $ 185,207 $ 48,340 $ 59,433 $ - $ - $ 751,895 Mortgage Substandard $ 1,049 $ 481 $ 513 $ - $ - $ 12,101 $ - $ - $ 14,144 Pass/Unrated 224,023 293,140 140,801 10,618 12,469 415,782 - - 1,096,833 Total mortgage $ 225,072 $ 293,621 $ 141,314 $ 10,618 $ 12,469 $ 427,883 $ - $ - $ 1,110,977 Legacy Watch $ - $ - $ - $ - $ - $ 1,045 $ - $ - $ 1,045 Special Mention - - - - - 192 - - 192 Substandard - - - - - 4,539 34 - 4,573 Pass/Unrated - - - - - 10,018 1,172 - 11,190 Total legacy $ - $ - $ - $ - $ - $ 15,794 $ 1,206 $ - $ 17,000 June 30, 2020 Term Loans Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Loans Amortized Cost Basis Amortized Cost Basis by Origination Year (In thousands) 2020 2019 2018 2017 2016 Prior Years Total Popular U.S. Consumer: Credit cards Pass/Unrated $ - $ - $ - $ - $ - $ - $ 26 $ - $ 26 Total credit cards $ - $ - $ - $ - $ - $ - $ 26 $ - $ 26 HELOCs Substandard $ - $ - $ - $ - $ - $ 195 $ - $ 713 $ 908 Loss - - - - - 313 - 7,021 7,334 Pass/Unrated - - - - - 15,413 46,467 40,585 102,465 Total HELOCs $ - $ - $ - $ - $ - $ 15,921 $ 46,467 $ 48,319 $ 110,707 Personal Substandard $ 62 $ 797 $ 474 $ 203 $ 80 $ 15 $ 1 $ - $ 1,632 Loss - 17 25 8 6 283 4 - 343 Pass/Unrated 41,120 148,668 47,113 16,091 5,236 11,055 210 - 269,493 Total Personal $ 41,182 $ 149,482 $ 47,612 $ 16,302 $ 5,322 $ 11,353 $ 215 $ - $ 271,468 Other consumer Pass/Unrated $ - $ - $ - $ - $ - $ - $ 1,372 $ - $ 1,372 Total Other consumer $ - $ - $ - $ - $ - $ - $ 1,372 $ - $ 1,372 Total Popular U.S. $ 933,750 $ 1,617,535 $ 1,275,111 $ 961,502 $ 868,059 $

Mortgage banking activities

Mortgage banking activities	6 Months Ended
	Jun. 30, 2020
Disclosure Text Block
Mortgage Banking Activities	Note 10 – 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 June 30, Six months ended June 30, (In thousands) 2020 2019 2020 2019 Mortgage servicing fees, net of fair value adjustments: Mortgage servicing fees $ 9,058 $ 11,916 $ 20,026 $ 23,603 Mortgage servicing rights fair value adjustments ( 7,640) ( 17,186) ( 12,869) ( 21,011) Total mortgage servicing fees, net of fair value adjustments 1,418 ( 5,270) 7,157 2,592 Net gain on sale of loans, including valuation on loans held-for-sale 5,487 5,215 9,473 9,232 Trading account loss: Unrealized gains (losses) on outstanding derivative positions 1,695 ( 227) - ( 227) Realized losses on closed derivative positions ( 4,823) ( 1,491) ( 6,433) ( 3,444) Total trading account loss ( 3,128) ( 1,718) ( 6,433) ( 3,671) Total mortgage banking activities $ 3,777 $ ( 1,773) $ 10,197 $ 8,153

Transfers of financial assets a

Transfers of financial assets and mortgage servicing assets	6 Months Ended
	Jun. 30, 2020
Transfers and Servicing of Financial Assets
Transfers Of Financial Assets And Mortgage Servicing Assets	Note 11 – 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 20 to the Consolidated Financial Statements for a description of such arrangements. No liabilities were incurred as a result of these securitizations during the quarters and six months ended June 30, 2020 and 2019 because they did not contain any credit recourse arrangements. During the quarter and six months ended June 30, 2020, the Corporation recorded a net gain of $ 4.7 million and $ 8.5 million, respectively (June 30, 2019 - $ 4.8 million and $ 8.5 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 six months ended June 30, 2020 and 2019: Proceeds Obtained During the Quarter Ended June 30, 2020 (In thousands) Level 1 Level 2 Level 3 Initial Fair Value Assets Trading account debt securities: Mortgage-backed securities - GNMA $ - $ 63,384 $ - $ 63,384 Mortgage-backed securities - FNMA - 5,941 - 5,941 Total trading account debt securities $ - $ 69,325 $ - $ 69,325 Mortgage servicing rights $ - $ - $ 1,100 $ 1,100 Total $ - $ 69,325 $ 1,100 $ 70,425 Proceeds Obtained During the Six Months Ended June 30, 2020 (In thousands) Level 1 Level 2 Level 3 Initial Fair Value Assets Trading account debt securities: Mortgage-backed securities - GNMA $ - $ 114,032 $ - $ 114,032 Mortgage-backed securities - FNMA - 39,514 - 39,514 Total trading account debt securities $ - $ 153,546 $ - $ 153,546 Mortgage servicing rights $ - $ - $ 2,587 $ 2,587 Total $ - $ 153,546 $ 2,587 $ 156,133 Proceeds Obtained During the Quarter Ended June 30, 2019 (In thousands) Level 1 Level 2 Level 3 Initial Fair Value Assets Trading account debt securities: Mortgage-backed securities - GNMA $ - $ 87,803 $ - $ 87,803 Mortgage-backed securities - FNMA - 30,584 - 30,584 Total trading account debt securities $ - $ 118,387 $ - $ 118,387 Mortgage servicing rights $ - $ - $ 2,154 $ 2,154 Total $ - $ 118,387 $ 2,154 $ 120,541 Proceeds Obtained During the Six Months Ended June 30, 2019 (In thousands) Level 1 Level 2 Level 3 Initial Fair Value Assets Trading account debt securities: Mortgage-backed securities - GNMA $ - $ 158,952 $ - $ 158,952 Mortgage-backed securities - FNMA - 51,502 - 51,502 Total trading account debt securities $ - $ 210,454 $ - $ 210,454 Mortgage servicing rights $ - $ - $ 3,812 $ 3,812 Total $ - $ 210,454 $ 3,812 $ 214,266 During the six months ended June 30, 2020, the Corporation retained servicing rights on whole loan sales involving approximately $ 39 million in principal balance outstanding (June 30, 2019 - $ 27 million), with realized gains of approximately $ 0.9 million (June 30, 2019 - gains of $ 0.8 million). All loan sales completed during the six months ended June 30, 2020 and 2019 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 six months ended June 30, 2020 and 2019. Residential MSRs (In thousands) June 30, 2020 June 30, 2019 Fair value at beginning of period $ 150,906 $ 169,777 Additions 3,107 4,255 Changes due to payments on loans [1] ( 4,989) ( 5,586) Reduction due to loan repurchases ( 518) ( 1,007) Changes in fair value due to changes in valuation model inputs or assumptions ( 7,386) ( 14,418) Other disposals 24 - Fair value at end of period $ 141,144 $ 153,021 [1] Represents changes due to collection / realization of expected cash flows over time. Residential mortgage loans serviced for others were $ 13.7 billion at June 30, 2020 (December 31, 2019 -$ 14.8 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 June 30, 2020, those weighted average mortgage servicing fees were 0.28% (June 30, 2019 - 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 six months ended June 30, 2020 and 2019 were as follows: Quarters ended Six months ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Prepayment speed 9.2 % 7.5 % 7.5 % 6.9 % Weighted average life (in years) 8.1 9.3 9.0 9.6 Discount rate (annual rate) 10.7 % 11.0 % 10.8 % 11.0 % 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 June 30, December 31, June 30, December 31, (In thousands) 2020 2019 2020 2019 Fair value of servicing rights $ 55,165 $ 58,842 $ 85,979 $ 92,064 Weighted average life (in years) 6.4 6.7 6.0 6.3 Weighted average prepayment speed (annual rate) 6.1 % 5.7 % 7.0 % 6.2 % Impact on fair value of 10% adverse change $ ( 1,383) $ ( 1,303) $ ( 2,544) $ ( 2,306) Impact on fair value of 20% adverse change $ ( 2,719) $ ( 2,568) $ ( 4,973) $ ( 4,525) Weighted average discount rate (annual rate) 11.4 % 11.4 % 11.1 % 11.0 % Impact on fair value of 10% adverse change $ ( 2,185) $ ( 2,381) $ ( 3,276) $ ( 3,603) Impact on fair value of 20% adverse change $ ( 4,221) $ ( 4,596) $ ( 6,333) $ ( 6,959) 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 June 30, 2020, the Corporation serviced $ 1.1 billion (December 31, 2019 - $ 1.2 billion) in residential mortgage loans with credit recourse to the Corporation. Refer to Note 20 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 June 30, 2020, the Corporation had recorded $ 522 million in mortgage loans on its Consolidated Statements of Financial Condition related to this buy-back option program (December 31, 2019 - $ 103 million). Loans in our serviced GNMA portfolio benefit from payment forbearance programs but continue to reflect the contractual delinquency until the borrower repays deferred payments or completes a payment deferral modification or other borrower assistance alternative. 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 six months ended June 30, 2020, the Corporation repurchased approximately $ 38 million (June 30, 2019 - $ 65 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	6 Months Ended
	Jun. 30, 2020
Other Real Estate [Abstract]
Other Real Estate Owned	Note 12 – Other real estate owned The following tables present the activity related to Other Real Estate Owned (“OREO”), for the quarters and six months ended June 30, 2020 and 2019. For the quarter ended June 30, 2020 OREO OREO (In thousands) Commercial/Construction Mortgage Total Balance at beginning of period $ 17,537 $ 106,385 $ 123,922 Write-downs in value ( 805) ( 671) ( 1,476) Additions - 842 842 Sales ( 250) ( 9,089) ( 9,339) Other adjustments - ( 9) ( 9) Ending balance $ 16,482 $ 97,458 $ 113,940 For the quarter ended June 30, 2019 OREO OREO (In thousands) Commercial/Construction Mortgage Total Balance at beginning of period $ 20,879 $ 104,599 $ 125,478 Write-downs in value ( 408) ( 1,541) ( 1,949) Additions 2,009 16,706 18,715 Sales ( 3,932) ( 19,227) ( 23,159) Other adjustments - ( 234) ( 234) Ending balance $ 18,548 $ 100,303 $ 118,851 For the six months ended June 30, 2020 OREO OREO (In thousands) Commercial/Construction Mortgage Total Balance at beginning of period $ 16,959 $ 105,113 $ 122,072 Write-downs in value ( 1,314) ( 1,571) ( 2,885) Additions 2,120 16,249 18,369 Sales ( 1,283) ( 22,429) ( 23,712) Other adjustments - 96 96 Ending balance $ 16,482 $ 97,458 $ 113,940 For the six months ended June 30, 2019 OREO OREO (In thousands) Commercial/Construction Mortgage Total Balance at beginning of period $ 21,794 $ 114,911 $ 136,705 Write-downs in value ( 979) ( 3,151) ( 4,130) Additions 3,179 24,470 27,649 Sales ( 5,446) ( 35,560) ( 41,006) Other adjustments - ( 367) ( 367) Ending balance $ 18,548 $ 100,303 $ 118,851

Other assets

Other assets	6 Months Ended
	Jun. 30, 2020
Other Assets Abstract
Other assets	Note 13 − Other assets The caption of other assets in the consolidated statements of financial condition consists of the following major categories: (In thousands) June 30, 2020 December 31, 2019 Net deferred tax assets (net of valuation allowance) $ 913,575 $ 886,353 Investments under the equity method 229,950 237,081 Prepaid taxes 13,415 47,226 Other prepaid expenses 87,844 82,425 Derivative assets 15,379 17,966 Trades receivable from brokers and counterparties 34,430 47,049 Principal, interest and escrow servicing advances 94,835 77,800 Guaranteed mortgage loan claims receivable 101,243 108,946 Operating ROU assets (Note 28) 152,767 149,849 Finance ROU assets (Note 28) 13,157 12,888 Others 176,849 152,032 Total other assets $ 1,833,444 $ 1,819,615 The Corporation enters in the ordinary course of business into hosting arrangements that are service contracts. These arrangements can include capitalizable implementation costs that are amortized during the term of the hosting arrangement. The Corporation recognizes capitalizable implementation costs related to hosting arrangements that are service contracts within the Other assets line item in the accompanying Consolidated Statements of Financial Condition. As of June 30, 2020, the total capitalized implementation costs amounted to $ 14.5 million with an accumulated amortization of $ 3.7 million for a net value of $ 10.8 million. Total amortization expense for all capitalized implementation costs of hosting arrangements that are service contracts for the quarter and six months ended June 20, 2020 was $ 0.5 million and $ 1.0 million, respectively.

Goodwill and other intangible a

Goodwill and other intangible assets	6 Months Ended
	Jun. 30, 2020
Goodwill and Intangible Assets Disclosure
Goodwill And Other Intangible Assets	Note 14 – Goodwill and other intangible assets Goodwill There were no The following tables present the gross amount of goodwill and accumulated impairment losses by reportable segments: June 30, 2020 Balance at Balance at June 30, Accumulated June 30, 2020 impairment 2020 (In thousands) (gross amounts) losses (net amounts) Banco Popular de Puerto Rico $ 324,049 $ 3,801 $ 320,248 Popular U.S. 515,285 164,411 350,874 Total Popular, Inc. $ 839,334 $ 168,212 $ 671,122 December 31, 2019 Balance at Balance at December 31, Accumulated December 31, 2019 impairment 2019 (In thousands) (gross amounts) losses (net amounts) Banco Popular de Puerto Rico $ 324,049 $ 3,801 $ 320,248 Popular U.S. 515,285 164,411 350,874 Total Popular, Inc. $ 839,334 $ 168,212 $ 671,122 Interim 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. 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 its reporting units below their carrying amounts. Due to the effects of the current and projected interest rate environment and the effects of the COVID-19 pandemic on the valuation of the Corporation and its subsidiaries, the Corporation deemed these factors as a triggering event during the quarter ended March 31, 2020 which required management to perform an interim goodwill impairment test. As a result of that triggering event and the continuing impact of the pandemic, the Corporation continued to monitor and assess its goodwill balances for impairment during the quarter ended June 30, 2020. As discussed in Note 3, “New accounting pronouncements”, effective on January 1, 2020, the Corporation adopted ASU 2017-04, which simplifies the accounting for goodwill impairment by removing Step 2 of the two-step goodwill impairment test under the previous guidance. Accordingly, if the carrying amount of any of the reporting units exceeds its fair value, the Corporation would be required to record an impairment charge for the difference up to the amount of the goodwill. In determining the fair value of each 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 acquisitions;  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 companies’ 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. Comparable companies’ price multiples represent minority-based multiples and thus, a control premium adjustment is added to the comparable companies’ market multiples applied to the reporting unit’s value drivers. For purposes of the market comparable transactions’ approach, valuations were determined by calculating average price multiples of relevant value drivers from a group of transactions for which the target companies are comparable to the reporting unit being analyzed and applying those price multiples to the value drivers of the reporting unit. Comparable transactions’ price multiples represent controlling based multiples and thus, no control premium adjustment is made to the comparable transactions’ market multiples applied to the reporting unit’s value drivers. 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 comparable companies and transactions 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 10.67% to 13.28 % for the June 2020 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. The results of the BPPR interim goodwill impairment test as of June 30, 2020 indicated that the average estimated fair value using all valuation methodologies exceeded BPPR’s equity value by approximately $ 674 million or 21% compared to $ 1.2 billion or 37%, for the annual goodwill impairment test completed as of July 31, 2019 . PB’s interim goodwill impairment test results as of such dates indicated that the average estimated fair value using all valuation methodologies exceeded PB’s equity value by approximately $ 20 million or 1% , compared to $ 338 million or 21%, for the annual goodwill impairment test completed as of July 31, 2019 . Accordingly, there was no impairment on goodwill recorded at June 30, 2020. The goodwill balance of BPPR and PB, as legal entities, represented approximately 91% of the Corporation’s total goodwill balance as of the June 30, 2020 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 June 30, 2020 interim 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 and adverse economic conditions sustained over a longer period of time negatively affecting forecasted cash flows could increase the risk of goodwill impairment in the future. The extent to which the COVID-19 pandemic further impacts our business, results of operations and financial condition, as well as the operations of our clients, customers, service providers and suppliers, will depend on future developments, which are highly uncertain and cannot be predicted, including the scope and duration of the pandemic and actions taken by governmental authorities and other third parties in response thereto. A further decline in the Corporation’s stock price related to global and/or regional macroeconomic conditions, the continued weakness in the Puerto Rico economy and fiscal situation, reduced future earnings estimates, additional expenses and higher credit losses, and the continuance of the current interest rate environment could, individually or in the aggregate, have a material impact on the determination of the fair value of our reporting units, which could in turn result in an impairment of goodwill in the future. An impairment of goodwill would result in a non-cash expense, net of tax impact. A charge to earnings related to a goodwill impairment would not impact regulatory capital calculations . Other Intangible Assets At June 30, 2020 and December 31, 2019, 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 June 30, 2020 Core deposits $ 12,810 $ 6,832 $ 5,978 Other customer relationships 26,573 14,504 12,069 Trademark 488 188 300 Total other intangible assets $ 39,871 $ 21,524 $ 18,347 December 31, 2019 Core deposits $ 37,224 $ 29,792 $ 7,432 Other customer relationships 42,909 28,075 14,834 Trademark 488 138 350 Total other intangible assets $ 80,621 $ 58,005 $ 22,616 During the quarter ended June 30, 2020, $ 24.4 million in core deposits recognized as part of the Westernbank FDIC-assisted transaction during 2010 and $ 16.3 million in other customer relationships related to the purchase of the Doral Insurance Agency portfolio during 2015 became fully amortized and thus were removed from the Corporation’s intangible assets list. During the quarter ended June 30, 2020, the Corporation recognized $ 1.8 million in amortization expense related to other intangible assets with definite useful lives (June 30, 2019 - $ 2.4 million). During the six months ended June 30, 2020, the Corporation recognized $ 4.3 million in amortization related to other intangible assets with definite useful lives (June 30, 2019 - $ 4.7 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 2020 $ 2,101 Year 2021 3,559 Year 2022 2,683 Year 2023 2,642 Year 2024 2,355 Later years 5,007

Deposits

Deposits	6 Months Ended
	Jun. 30, 2020
Disclosure Text Block
Deposits	Note 15 – Deposits Total interest bearing deposits as of the end of the periods presented consisted of: (In thousands) June 30, 2020 December 31, 2019 Savings accounts $ 12,632,255 $ 10,618,629 NOW, money market and other interest bearing demand deposits 20,559,841 16,305,007 Total savings, NOW, money market and other interest bearing demand deposits 33,192,096 26,923,636 Certificates of deposit: Under $100,000 3,173,952 3,133,840 $100,000 and over 4,957,742 4,540,957 Total certificates of deposit 8,131,694 7,674,797 Total interest bearing deposits $ 41,323,790 $ 34,598,433 A summary of certificates of deposit by maturity at June 30, 2020 follows: (In thousands) 2020 $ 3,937,328 2021 1,723,772 2022 853,961 2023 622,509 2024 581,619 2025 and thereafter 412,505 Total certificates of deposit $ 8,131,694 At June 30, 2020, the Corporation had brokered deposits amounting to $ 0.7 billion (December 31, 2019 - $ 0.5 billion). The aggregate amount of overdrafts in demand deposit accounts that were reclassified to loans was $ 2 million at June 30, 2020 (December 31, 2019 - $ 4 million).

Borrowings

Borrowings	6 Months Ended
	Jun. 30, 2020
Disclosure Text Block
Borrowings	Note 16 – Borrowings Assets sold under agreements to repurchase amounted to $ 153 million at June 30, 2020 and $ 193 million December 31, 2019. 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 June 30, 2020 December 31, 2019 Repurchase Repurchase (In thousands) liability liability U.S. Treasury securities Within 30 days $ 66,828 $ 88,646 After 30 to 90 days 9,732 78,061 After 90 days 72,123 24,538 Total U.S. Treasury securities 148,683 191,245 Mortgage-backed securities Within 30 days 3,110 1,235 After 90 days 310 - Total mortgage-backed securities 3,420 1,235 Collateralized mortgage obligations Within 30 days 962 898 Total collateralized mortgage obligations 962 898 Total $ 153,065 $ 193,378 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. The following table presents the composition of notes payable at June 30, 2020 and December 31, 2019. (In thousands) June 30, 2020 December 31, 2019 Advances with the FHLB with maturities ranging from 2020 through 2029 paying interest at monthly fixed rates ranging from 0.73% to 4.19% $ 504,409 $ 421,399 Advances with the FRB maturing on 2022 paying interest annually at a fixed rate of 0.35% 1,009 - Unsecured senior debt securities maturing on 2023 paying interest semiannually at a fixed rate of 6.125%, net of debt issuance costs of $ 4,059 295,941 295,307 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 $ 382 384,915 384,902 Total notes payable $ 1,186,274 $ 1,101,608 Note: Refer to the Corporation's 2019 Form 10-K for rates information at December 31, 2019. A breakdown of borrowings by contractual maturities at June 30, 2020 is included in the table below. Assets sold under (In thousands) agreements to repurchase Notes payable Total 2020 $ 90,412 $ 72,930 $ 163,342 2021 62,653 50,040 112,693 2022 - 104,156 104,156 2023 - 319,201 319,201 2024 - 48,373 48,373 Later years - 591,574 591,574 Total borrowings $ 153,065 $ 1,186,274 $ 1,339,339 At June 30, 2020 and December 31, 2019, the Corporation had FHLB borrowing facilities whereby the Corporation could borrow up to $ 3.5 billion and $ 3.6 billion, respectively, of which $ 0.5 billion and $ 0.4 billion, respectively, were used. In addition, at June 30, 2020 and December 31, 2019, the Corporation had placed $ 0.7 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 loans held-in-portfolio, and do not have restrictive covenants or callable features. Also, at June 30, 2020, the Corporation has a borrowing facility at the discount window of the Federal Reserve Bank of New York amounting to $ 1.4 billion (2019 - $ 1.1 billion), which remained unused at June 30, 2020 and December 31, 2019. The facility is a collateralized source of credit that is highly reliable even under difficult market conditions.

Other liabilities

Other liabilities	6 Months Ended
	Jun. 30, 2020
Other Liabilities Disclosure Abstract
Other liabilites	Note 17 − Other liabilities The caption of other liabilities in the consolidated statements of financial condition consists of the following major categories: (In thousands) June 30, 2020 December 31, 2019 Accrued expenses $ 218,157 $ 273,184 Accrued interest payable 40,605 44,026 Accounts payable 69,523 65,688 Dividends payable 33,663 29,027 Trades payable 470,849 4,084 Liability for GNMA loans sold with an option to repurchase 522,191 102,663 Reserves for loan indemnifications 34,427 38,074 Reserve for operational losses 37,055 35,665 Operating lease liabilities (Note 28) 167,951 165,139 Finance lease liabilities (Note 28) 20,020 19,810 Pension benefit obligation 44,983 52,616 Postretirement benefit obligation 168,362 168,681 Others 53,762 46,296 Total other liabilities $ 1,881,548 $ 1,044,953

Stockholders' equity

Stockholders' equity	6 Months Ended
	Jun. 30, 2020
Stockholders' Equity Note
Stockholders' Equity	Note 18 – Stockholders’ equity As of June 30, 2020, stockholder’s equity totaled $ 5.8 billion. During the six months ended June 30, 2020, the Corporation declared cash dividends on its common stock of $ 69.2 (2019 - $ 58.0 million). The quarterly dividend of $33.7 million declared to shareholders of record as of the close of business on May 12, 2020 was paid on July 1, 2020. Dividends per share declared for the quarter and six months ended June 30, 2020 were $ 0.40 and $ 0.80, respectively (2019 - $ 0.30 and $ 0.60, respectively). 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 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 $ 200 million in treasury stock and $ 50 million as a reduction of capital surplus. The Corporation completed this transaction during the fourth quarter of 2019 and received 1,165,607 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 $ 53.58. On January 30, 2020, the Corporation entered into a $ 500 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 7,055,919 shares, the Corporation recognized in shareholder’s equity approximately $ 400 million in treasury stock and $ 100 million as a reduction in capital surplus. On March 19, 2020 (the “early termination date”), the dealer counterparty to the ASR exercised its right to terminate the ASR as a result of the trading price of the Corporation’s common stock falling below a specified level due to the effects of the COVID-19 pandemic on the global markets. As a result of such early termination, the final settlement of the ASR, which was expected to occur during the fourth quarter of 2020, occurred during the second quarter of 2020. The Corporation completed the transaction on May 27, 2020 and received 4,763,216 additional shares of common stock after the early termination date. In total the Corporation repurchased 11,819,135 shares at an average price per share of $ 42.3043 under the ASR. On February 24, 2020, the Corporation redeemed all outstanding shares of its 8.25% Non-Cumulative Monthly Income Preferred Stock, Series B (“Series B Preferred Stock”). The Series B Preferred Stock was redeemed at the redemption price of $ 25.00 per share, plus $ 0.1375 in accrued and unpaid dividends on each share, for a total payment per share in the amount of $ 25.1375 and a total aggregate payment of $ 28.2 million.

Other comprehensive income (los

Other comprehensive income (loss)	6 Months Ended
	Jun. 30, 2020
Disclosure Text Block
Other Comprehensive Income (Loss)	Note 19 – Other comprehensive income (loss) The following table presents changes in accumulated other comprehensive income (loss) by component for the quarters and six months ended June 30, 2020 and 2019. Changes in Accumulated Other Comprehensive Income (Loss) by Component [1] Quarters ended Six months ended June 30, June 30, (In thousands) 2020 2019 2020 2019 Foreign currency translation Beginning Balance $ ( 58,601) $ ( 51,174) $ ( 56,783) $ ( 49,936) Other comprehensive loss ( 10,857) ( 1,204) ( 12,675) ( 2,442) Net change ( 10,857) ( 1,204) ( 12,675) ( 2,442) Ending balance $ ( 69,458) $ ( 52,378) $ ( 69,458) $ ( 52,378) Adjustment of pension and postretirement benefit plans Beginning Balance $ ( 199,465) $ ( 200,163) $ ( 202,816) $ ( 203,836) Amounts reclassified from accumulated other comprehensive loss for amortization of net losses 3,351 3,672 6,702 7,345 Net change 3,351 3,672 6,702 7,345 Ending balance $ ( 196,114) $ ( 196,491) $ ( 196,114) $ ( 196,491) Unrealized net holding gains on debt securities Beginning Balance $ 473,931 $ ( 72,408) $ 92,155 $ ( 173,811) Other comprehensive income 15,174 130,452 396,950 231,855 Net change 15,174 130,452 396,950 231,855 Ending balance $ 489,105 $ 58,044 $ 489,105 $ 58,044 Unrealized net losses on cash flow hedges Beginning Balance $ ( 5,242) $ ( 234) $ ( 2,494) $ ( 391) Reclassification to retained earnings due to cumulative effect adjustment of accounting change - - - ( 50) Other comprehensive loss before reclassifications ( 393) ( 711) ( 3,982) ( 1,148) Amounts reclassified from accumulated other comprehensive loss 1,451 557 2,292 1,201 Net change 1,058 ( 154) ( 1,690) 3 Ending balance $ ( 4,184) $ ( 388) $ ( 4,184) $ ( 388) Total $ 219,349 $ ( 191,213) $ 219,349 $ ( 191,213) [1] All amounts presented are net of tax. The following table presents the amounts reclassified out of each component of accumulated other comprehensive income (loss) during the quarters and six months ended June 30, 2020 and 2019. Reclassifications Out of Accumulated Other Comprehensive Income (Loss) Quarters ended Six months ended Affected Line Item in the June 30, June 30, (In thousands) Consolidated Statements of Operations 2020 2019 2020 2019 Adjustment of pension and postretirement benefit plans Amortization of net losses Personnel costs $ ( 5,362) $ ( 5,876) $ ( 10,724) $ ( 11,752) Total before tax ( 5,362) ( 5,876) ( 10,724) ( 11,752) Income tax benefit 2,011 2,204 4,022 4,407 Total net of tax $ ( 3,351) $ ( 3,672) $ ( 6,702) $ ( 7,345) Unrealized net losses on cash flow hedges Forward contracts Mortgage banking activities $ ( 1,963) $ ( 891) $ ( 3,259) $ ( 1,921) Interest rate swaps Other operating income ( 224) - ( 255) - Total before tax ( 2,187) ( 891) ( 3,514) ( 1,921) Income tax benefit 736 334 1,222 720 Total net of tax $ ( 1,451) $ ( 557) $ ( 2,292) $ ( 1,201) Total reclassification adjustments, net of tax $ ( 4,802) $ ( 4,229) $ ( 8,994) $ ( 8,546)

Guarantees

Guarantees	6 Months Ended
	Jun. 30, 2020
Guarantees
Guarantees	Note 20 – Guarantees At June 30, 2020, the Corporation recorded a liability of $ 0.2 million (December 31, 2019 - $ 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 June 30, 2020, the Corporation serviced $ 1.1 billion (December 31, 2019 - $ 1.2 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 six months ended June 30, 2020, the Corporation repurchased approximately $ 4 million and $ 11 million, respectively, of unpaid principal balance in mortgage loans subject to the credit recourse provisions ( June 30, 2019 - $ 14 million and $ 23 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 June 30, 2020, the Corporation’s liability established to cover the estimated credit loss exposure related to loans sold or serviced with credit recourse amounted to $ 31 million (December 31, 2019 - $ 35 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 six months ended June 30, 2020 and 2019 . Quarters ended June 30, Six months ended June 30, (In thousands) 2020 2019 2020 2019 Balance as of beginning of period $ 31,719 $ 52,011 $ 34,862 $ 56,230 Impact of adopting CECL - - ( 3,831) - Provision for recourse liability 1,050 1,267 5,414 956 Net charge-offs ( 1,464) ( 5,178) ( 5,140) ( 9,086) Balance as of end of period $ 31,305 $ 48,100 $ 31,305 $ 48,100 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 repurchases of loans under representation and warranty arrangements during the six months ended June 30, 2020 and 2019. 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 six months ended June 30, 2020 and 2019. Quarters ended June 30, Six months ended June 30, (In thousands) 2020 2019 2020 2019 Balance as of beginning of period $ 3,143 $ 10,866 $ 3,212 $ 10,837 Provision (reversal) for representation and warranties ( 21) ( 4,511) ( 90) ( 4,407) Net charge-offs - - - ( 75) Settlements paid - ( 2,530) - ( 2,530) Balance as of end of period $ 3,122 $ 3,825 $ 3,122 $ 3,825 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 June 30, 2020, the Corporation serviced $ 13.7 billion in mortgage loans for third-parties, including the loans serviced with credit recourse (December 31, 2019 - $ 14.8 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 June 30, 2020, the outstanding balance of funds advanced by the Corporation under such mortgage loan servicing agreements was approximately $ 95 million (December 31, 2019 - $ 78 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 $ 94 million at June 30, 2020 and December 31, 2019. In addition, at June 30, 2020 and December 31, 2019, PIHC fully and unconditionally guaranteed on a subordinated basis $ 374 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 2019 Form 10-K for further information on the trust preferred securities.

Commitments and contingencies

Commitments and contingencies	6 Months Ended
	Jun. 30, 2020
Commitments and Contingencies Disclosure
Commitments And Contingencies	Note 21 – 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) June 30, 2020 December 31, 2019 Commitments to extend credit: Credit card lines $ 5,042,116 $ 4,889,694 Commercial and construction lines of credit 2,957,285 3,205,306 Other consumer unused credit commitments 266,293 262,516 Commercial letters of credit 1,987 2,629 Standby letters of credit 57,835 75,186 Commitments to originate or fund mortgage loans 97,159 96,653 At June 30, 2020 and December 31, 2019, the Corporation maintained a reserve of approximately $ 7 million and $ 9 million, respectively, for potential losses associated with unfunded loan commitments related to commercial and consumer lines of credit. Other commitments At June 30, 2020, and December 31, 2019, the Corporation’s also maintained other non-credit commitments for approximately $ 2.1 million and $ 2.5 million, respectively, primarily for the acquisition of other investments. 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 33 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 June 30, 2020 and December 31, 2019, the Corporation’s direct exposure to the Puerto Rico government and its instrumentalities and municipalities totaled $ 429 million and $ 432 million, respectively, which amounts were fully outstanding on such dates. Of this amount, $ 391 million consists of loans and $ 38 million are securities ($ 391 million and $ 41 million at December 31, 2019). Substantially all of the amount outstanding at June 30, 2020 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 June 30, 2020, 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, 2020 and July 1, 2019 the Corporation received principal payments amounting to $ 58 million and $ 22 million, respectively, 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 June 30, 2020: (In thousands) Investment Portfolio Loans Total Outstanding Total Exposure Central Government After 1 to 5 years $ 7 $ - $ 7 $ 7 After 5 to 10 years 18 - 18 18 After 10 years 33 - 33 33 Total Central Government 58 - 58 58 Municipalities Within 1 year 3,920 78,107 82,027 82,027 After 1 to 5 years 16,390 139,218 155,608 155,608 After 5 to 10 years 16,660 82,967 99,627 99,627 After 10 years 655 90,601 91,256 91,256 Total Municipalities 37,625 390,893 428,518 428,518 Total Direct Government Exposure $ 37,683 $ 390,893 $ 428,576 $ 428,576 In addition, at June 30, 2020, the Corporation had $ 336 million in loans insured or securities issued by Puerto Rico governmental entities but for which the principal source of repayment is non-governmental ($ 350 million at December 31, 2019 ). These included $ 270 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, 2019 - $ 276 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 upon the satisfaction of certain other conditions. The Corporation also had at June 30, 2020, $ 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 upon the satisfaction of certain other conditions (December 31, 2019 - $ 46 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 June 30, 2020, the Corporation had $ 20 million of commercial real estate notes issued by government entities but that are payable from rent paid by non-governmental parties (December 31, 2019 - $ 21 million). On January 1, 2020, the Corporation received a payment amounting to $ 7 million upon the maturity of securities issued by HFA which had been economically defeased and refunded and for which securities consisting of U.S. agencies and Treasury obligations had been escrowed (December 31, 2019 - $ 7 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 $ 69 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 generates 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 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 most current 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 to reflect any relevant developments, as appropriate. 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 $ 30.4 million as of June 30, 2020. In certain 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 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. Each of the Puerto Rico Court of Appeals and the Puerto Rico Supreme Court 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, in 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 has yet to set a final date to conduct discovery or new dates for the pre-trial and trial hearings, which were continued because of the COVID-19 pandemic. 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. In August 2019, the Popular Defendants and plaintiffs filed a Joint Motion where they informed the Court that plaintiffs were simultaneously filing voluntary dismissals with prejudice against all other parties. In September 2019, a status hearing was held where plaintiffs and the Popular Defendants informed the Court that the parties were in the process of stipulating a class for settlement purposes. The Court held a hearing on April 24, 2020 where it preliminarily approved the terms of the proposed class settlement. Notices to the proposed class for settlement purposes were published on April 28 and May 5, 2020. A hearing was held on June 23, 2020, where the Court granted its final approval of the stipulation for settlement and, on July 10, 2020, the Court issued its final judgment. BPPR expects to proceed with the disbursements contemplated in the settlement agreement once such judgment becomes final and unappealable. 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. On July 21, 2020, the U.S. Court of Appeals for the First Circuit affirmed the District Court ‘s decision dismissing the complaint. Appellants have until September 4, 2020 to request a rehearing. 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. In April 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 in April 2019, which Popular timely opposed. In September 2019, the Court issued an Amended Opinion and Order dismissing plaintiffs’ claims against all defendants, denying the reconsideration requests and other pending motions, and issuing final judgment. In October 2019, plaintiffs filed a Motion for Reconsideration of the Court’s Amended Opinion and Order, which was denied in December 2019. On January 13, 2020, plaintiffs filed a Notice of Appeal to the U.S. Court of Appeals for the First Circuit. Plaintiffs filed their appeal brief on July 8, 2020. Defendants expect to file their response brief by September 21, 2020. 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 five consecutive six-month payment forbearances, the last of which is still in effect. 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 in May 2019 recommended that the motion be granted and all claims against the FDIC be dismissed. In September 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 loans) to the Commonwealth of Puerto Rico’s Court of First Instance. On March 19, 2020, the District Judge issued an Opinion and Order and a Judgment dismissing the case, consistent with the September 2019 order. On April 15, 2020, several plaintiffs filed a notice of appeal to the U.S. Court of Appeals for the First Circuit. The parties, however, reached a settlement in principle with plaintiffs and agreements related thereto have been executed with most plaintiffs. BPPR expects to complete the execution of the remaining agreements, which are not material, during the third quarter of 2020. Insufficient Funds and Overdraft Fees Class Actions On February 7, 2020, BPPR was served with a putative class action complaint captioned Soto-Melendez vs. Banco Popular de Puerto Rico, filed before the United States District Court for the District of Puerto Rico. The complaint alleges breach of contract due to BPPR’s purported practice of (a) assessing more than one insufficient funds fee (“NSF Fees”) on the same “item” or transaction and (b) charging both NSF Fees and overdraft fees (“OD Fees”) on the same item or transaction, and is filed on behalf of all persons who during the applicable statute of limitations period were charged NSF Fees and/or OD Fees pursuant to this purported practices. On April 10, 2020, BPPR filed a Motion to Dismiss in the case, which is now fully briefed and pending resolution. Popular has been named as a defendant on a putative class action complaint captioned Golden vs. Popular, Inc. filed on March 25, 2020 before the U.S. District Court for the Southern District of New York, seeking damages, restitution and injunctive relief. Plaintiff alleges breach of contract, violation of the covenant of good faith and fair dealing, unjust enrichment and violation of New York consumer protection law due to Popular’s purported practice of charging OD Fees on transactions that, under plaintiffs’ theory, do not overdraw the account. Plaintiff describes Popular’s purported practice of charging OD Fees as “Authorize Positive, Purportedly Settle Negative Transactions” (“APPSN”) and states that Popular assesses OD Fees over authorized transactions for which sufficient funds are held for settlement. Popular expects to file its responsive allegation by August 17, 2020. 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 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. After the Court held hearings in June and July 2019 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 in October 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. In October 2019, the debtors filed a Notice of Appeal to the U.S. District Court. Debtors’ filed their appellate briefs in April 2020, and Lenders’ appellate briefs were filed on June 22, 2020. On February 11, 2020, the Debtors initiated an adversary proceeding seeking in excess of $ 80 million in damages, alleging that in 2016 the Lenders illegally foreclosed on their accounts receivable and as a result illegally interfered with contracts entered with third parties, forcing the Debtors into bankruptcy. Debtors further seek a judgment declaring that Lenders do not possess security interests over certain personal property of the Debtors because either such security interests were not adequately perfected according to Puerto Rico law, or the security interests were lost upon the lapsing date of the financing statements that the Lenders had originally perfected in connection with such interests. On February 25, 2020, Debtors amended their adversary complaint to include references to the Lenders’ Syndicate and Banco Popular’s proof of claims, formally object to such proof of claims, as well as to demand that the District Court, not the Bankruptcy Court, entertains the complaint, requesting trial by jury on all counts. Lenders filed a Motion to Dismiss on June 26, 2020 and expect Debtors to oppose to it on or before August 10, 2020. POPULAR BANK Employment-Related Litigation In July 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, in July 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 opposed the motions in December 2019 and PB and the other defendants replied on January 22, 2020. On July 15, 2020, a hearing to discuss the motions to dismiss filed by PB in both actions was held, at which the Court dismissed one of the causes of action included by plaintiffs in the AB Action and ordered the parties to submit a copy of the court reporter’s transcript, after which the Court stated it expects to render a decision on the pending motion to dismiss with respect to the remaining claims. 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, as of June 30, 2020, is named as a respondent (among other broker-dealers) in 151 pending arbitration proceedings with aggregate claimed amounts of approximately $ 154 million, including one arbitration with claimed damages of approximately $ 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 impacted 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 c

Non-consolidated variable inter

Non-consolidated variable interest entities	6 Months Ended
	Jun. 30, 2020
Disclosure Text Block
Non-consolidated Variable Interest Entities	Note 22 – Non-consolidated variable interest entities The Corporation is involved with three statutory trusts which it created to issue trust preferred securities to the public. These trusts are deemed to be variable interest entities (“VIEs”) since the equity investors at risk have no substantial decision-making rights. The Corporation does not hold any variable interest in the trusts, and therefore, cannot be the trusts’ primary beneficiary. Furthermore, the Corporation concluded that it did not hold a controlling financial interest in these trusts since the decisions of the trusts are predetermined through the trust documents and the guarantee of the trust preferred securities is irrelevant since in substance the sponsor is guaranteeing its own debt. 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 24 to the Consolidated Financial Statements for additional information on the debt securities outstanding at June 30, 2020 and December 31, 2019, 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 June 30, 2020 and December 31, 2019. (In thousands) June 30, 2020 December 31, 2019 Assets Servicing assets: Mortgage servicing rights $ 107,628 $ 115,718 Total servicing assets $ 107,628 $ 115,718 Other assets: Servicing advances $ 36,838 $ 29,212 Total other assets $ 36,838 $ 29,212 Total assets $ 144,466 $ 144,930 Maximum exposure to loss $ 144,466 $ 144,930 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 $ 9.7 billion at June 30, 2020 (December 31, 2019 - $ 9.9 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 June 30, 2020 and December 31, 2019, 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. 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 June 30, 2020.

Related party transactions

Related party transactions	6 Months Ended
	Jun. 30, 2020
Related Party Transactions
Related Party Transactions	Note 23 – 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 June 30, 2020, the Corporation held 11,654,803 shares of EVERTEC, representing an ownership stake of 16.22 % . 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 $ 1.2 million in dividend distributions during the six months ended June 30, 2020, from its investments in EVERTEC’s holding company (June 30, 2019 - $ 1.2 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) June 30, 2020 December 31, 2019 Equity investment in EVERTEC $ 76,420 $ 73,534 The Corporation had the following financial condition balances outstanding with EVERTEC at June 30, 2020 and December 31, 2019. Items that represent liabilities to the Corporation are presented with parenthesis. (In thousands) June 30, 2020 December 31, 2019 Accounts receivable (Other assets) $ 4,849 $ 7,779 Deposits ( 161,950) ( 63,850) Accounts payable (Other liabilities) ( 351) ( 1,290) Net total $ ( 157,452) $ ( 57,361) 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 six months ended June 30, 2020 and 2019. Quarter ended Six months ended (In thousands) June 30, 2020 June 30, 2020 Share of income from the investment in EVERTEC $ 2,511 $ 6,113 Share of other changes in EVERTEC's stockholders' equity ( 119) 666 Share of EVERTEC's changes in equity recognized in income $ 2,392 $ 6,779 Quarter ended Six months ended (In thousands) June 30, 2019 June 30, 2019 Share of income from the investment in EVERTEC $ 1,432 $ 8,700 Share of other changes in EVERTEC's stockholders' equity 2,157 81 Share of EVERTEC's changes in equity recognized in income $ 3,589 $ 8,781 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 six months ended June 30, 2020 and 2019. Items that represent expenses to the Corporation are presented with parenthesis. Quarter ended Six months ended (In thousands) June 30, 2020 June 30, 2020 Category Interest expense on deposits $ ( 90) $ ( 157) Interest expense ATH and credit cards interchange income from services to EVERTEC 4,530 10,019 Other service fees Rental income charged to EVERTEC 1,768 3,536 Net occupancy Processing fees on services provided by EVERTEC ( 51,405) ( 107,001) Professional fees Other services provided to EVERTEC 280 541 Other operating expenses Total $ ( 44,917) $ ( 93,062) Quarter ended Six months ended (In thousands) June 30, 2019 June 30, 2019 Category Interest expense on deposits $ ( 15) $ ( 32) Interest expense ATH and credit cards interchange income from services to EVERTEC 8,457 16,676 Other service fees Rental income charged to EVERTEC 1,796 3,593 Net occupancy Processing fees on services provided by EVERTEC ( 54,491) ( 108,353) Professional fees Other services provided to EVERTEC 350 626 Other operating expenses Total $ ( 43,903) $ ( 87,490) Centro Financiero BHD León At June 30, 2020, 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 six months ended June 30, 2020, the Corporation recorded $ 14.9 million in earnings from its investment in BHD León (June 30, 2019 - $ 12.3 million), which had a carrying amount of $ 142.2 million at June 30, 2020 (December 31, 2019 - $ 151.6 million). There were no dividend distributions received by the Corporation from its investment in BHD León, during the six months ended June 30, 2020 and 2019. 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 six months ended June 30, 2020 administrative fees charged to these investment companies amounted to $ 3.2 million (June 30, 2019 - $ 3.1 million) and waived fees amounted to $ 1.2 million (June 30, 2019 - $ 1.0 million), for a net fee of $ 2.0 million (June 30, 2019 - $ 2.1 million). The Corporation, through its subsidiary BPPR, has also entered into certain uncommitted credit facilities with those investment companies. As of June 30, 2020, the available lines of credit facilities amounted to $ 275 million (December 31, 2019 - $ 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 June 30, 2020 there was no outstanding balance for these credit facilities.

Fair value measurement

Fair value measurement	6 Months Ended
	Jun. 30, 2020
Fair Value Disclosures
Fair Value Measurement	Note 24 – 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 2019 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 June 30, 2020 and December 31, 2019: At June 30, 2020 (In thousands) Level 1 Level 2 Level 3 Total RECURRING FAIR VALUE MEASUREMENTS Assets Debt securities available-for-sale: U.S. Treasury securities $ 5,998,853 $ 8,009,377 $ - $ 14,008,230 Obligations of U.S. Government sponsored entities - 61,229 - 61,229 Collateralized mortgage obligations - federal agencies - 514,229 - 514,229 Mortgage-backed securities - 6,178,331 1,151 6,179,482 Other - 283 - 283 Total debt securities available-for-sale $ 5,998,853 $ 14,763,449 $ 1,151 $ 20,763,453 Trading account debt securities, excluding derivatives: U.S. Treasury securities $ 3,906 $ - $ - $ 3,906 Obligations of Puerto Rico, States and political subdivisions - 111 - 111 Collateralized mortgage obligations - 76 442 518 Mortgage-backed securities - 25,599 - 25,599 Other - 3,003 423 3,426 Total trading account debt securities, excluding derivatives $ 3,906 $ 28,789 $ 865 $ 33,560 Equity securities $ - $ 25,058 $ - $ 25,058 Mortgage servicing rights - - 141,144 141,144 Derivatives - 15,365 - 15,365 Total assets measured at fair value on a recurring basis $ 6,002,759 $ 14,832,661 $ 143,160 $ 20,978,580 Liabilities Derivatives $ - $ ( 12,612) $ - $ ( 12,612) Total liabilities measured at fair value on a recurring basis $ - $ ( 12,612) $ - $ ( 12,612) At December 31, 2019 (In thousands) Level 1 Level 2 Level 3 Total RECURRING FAIR VALUE MEASUREMENTS Assets Debt securities available-for-sale: U.S. Treasury securities $ 3,841,715 $ 8,214,540 $ - $ 12,056,255 Obligations of U.S. Government sponsored entities - 122,404 - 122,404 Obligations of Puerto Rico, States and political subdivisions - 6,975 - 6,975 Collateralized mortgage obligations - federal agencies - 586,175 - 586,175 Mortgage-backed securities - 4,875,132 1,182 4,876,314 Other - 350 - 350 Total debt securities available-for-sale $ 3,841,715 $ 13,805,576 $ 1,182 $ 17,648,473 Trading account debt securities, excluding derivatives: U.S. Treasury securities $ 7,081 $ 2 $ - $ 7,083 Obligations of Puerto Rico, States and political subdivisions - 633 - 633 Collateralized mortgage obligations - 76 530 606 Mortgage-backed securities - 28,556 - 28,556 Other - 3,003 440 3,443 Total trading account debt securities, excluding derivatives $ 7,081 $ 32,270 $ 970 $ 40,321 Equity securities $ - $ 21,327 $ - $ 21,327 Mortgage servicing rights - - 150,906 150,906 Derivatives - 17,966 - 17,966 Total assets measured at fair value on a recurring basis $ 3,848,796 $ 13,877,139 $ 153,058 $ 17,878,993 Liabilities Derivatives $ - $ ( 16,619) $ - $ ( 16,619) Total liabilities measured at fair value on a recurring basis $ - $ ( 16,619) $ - $ ( 16,619) 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 six months ended June 30, 2020 and 2019 and excludes nonrecurring fair value measurements of assets no longer outstanding as of the reporting date. Six months ended June 30, 2020 (In thousands) Level 1 Level 2 Level 3 Total NONRECURRING FAIR VALUE MEASUREMENTS Assets Write-downs Loans [1] $ - $ - $ 5,121 $ 5,121 $ ( 872) Other real estate owned [2] - - 17,581 17,581 ( 2,636) Other foreclosed assets [2] - - 1,021 1,021 ( 152) Total assets measured at fair value on a nonrecurring basis $ - $ - $ 23,723 $ 23,723 $ ( 3,660) [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. 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. Six months ended June 30, 2019 (In thousands) Level 1 Level 2 Level 3 Total NONRECURRING FAIR VALUE MEASUREMENTS Assets Write-downs Loans [1] $ - $ - $ 41,793 $ 41,793 $ ( 10,605) Other real estate owned [2] - - 15,065 15,065 ( 2,937) Other foreclosed assets [2] - - 1,220 1,220 ( 135) Total assets measured at fair value on a nonrecurring basis $ - $ - $ 58,078 $ 58,078 $ ( 13,677) [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. 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 six months ended June 30, 2020 and 2019 . Quarter ended June 30, 2020 MBS CMOs Other classified classified securities as debt as trading classified securities account as trading Mortgage available- debt account debt servicing Total (In thousands) for-sale securities securities rights assets Balance at March 31, 2020 $ 1,177 $ 467 $ 428 $ 147,311 $ 149,383 Gains (losses) included in earnings - ( 1) ( 5) ( 7,640) ( 7,646) Gains (losses) included in OCI ( 1) - - - ( 1) Additions - - - 1,473 1,473 Settlements ( 25) ( 24) - - ( 49) Balance at June 30, 2020 $ 1,151 $ 442 $ 423 $ 141,144 $ 143,160 Changes in unrealized gains (losses) included in earnings relating to assets still held at June 30, 2020 $ - $ ( 1) $ 2 $ ( 4,947) $ ( 4,946) Six months ended June 30, 2020 MBS Other classified CMOs securities as investment classified classified securities as trading as trading Mortgage available- account account servicing Total (In thousands) for-sale securities securities rights assets Balance at January 1, 2020 $ 1,182 $ 530 $ 440 $ 150,906 $ 153,058 Gains (losses) included in earnings - - ( 17) ( 12,869) ( 12,886) Gains (losses) included in OCI ( 6) - - - ( 6) Additions - 2 - 3,107 3,109 Settlements ( 25) ( 90) - - ( 115) Balance at June 30, 2020 $ 1,151 $ 442 $ 423 $ 141,144 $ 143,160 Changes in unrealized gains (losses) included in earnings relating to assets still held at June 30, 2020 $ - $ 1 $ 8 $ ( 7,386) $ ( 7,377) Quarter ended June 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 March 31, 2019 $ 1,235 $ 595 $ 43 $ 478 $ 167,813 $ 170,164 Gains (losses) included in earnings - 1 ( 1) ( 10) ( 17,186) ( 17,196) Additions - 50 25 - 2,394 2,469 Settlements - ( 28) ( 41) - - ( 69) Balance at June 30, 2019 $ 1,235 $ 618 $ 26 $ 468 $ 153,021 $ 155,368 Changes in unrealized gains (losses) included in earnings relating to assets still held at June 30, 2019 $ - $ 1 $ 1 $ 5 $ ( 13,671) $ ( 13,664) Six months ended June 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 ( 1) ( 17) ( 21,011) ( 21,028) Gains (losses) included in OCI 2 - - - - 2 Additions - 64 25 - 4,255 4,344 Settlements - ( 58) ( 41) - - ( 99) Balance at June 30, 2019 $ 1,235 $ 618 $ 26 $ 468 $ 153,021 $ 155,368 Changes in unrealized gains (losses) included in earnings relating to assets still held at June 30, 2019 $ - $ 1 $ 1 $ 8 $ ( 14,418) $ ( 14,408) Gains and losses (realized and unrealized) included in earnings for the quarters and six months ended June 30, 2020 and 2019 for Level 3 assets and liabilities included in the previous tables are reported in the consolidated statement of operations as follows: Quarter ended June 30, 2020 Six months ended June 30, 2020 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 $ ( 7,640) $ ( 4,947) $ ( 12,869) $ ( 7,386) Trading account profit (loss) ( 6) 1 ( 17) 9 Total $ ( 7,646) $ ( 4,946) $ ( 12,886) $ ( 7,377) Quarter ended June 30, 2019 Six months ended June 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 $ ( 17,186) $ ( 13,671) $ ( 21,011) $ ( 14,418) Trading account profit (loss) ( 10) 7 ( 17) 10 Total $ ( 17,196) $ ( 13,664) $ ( 21,028) $ ( 14,408) The following tables include 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 at June 30, 2020 and 2019. Fair value at June 30, (In thousands) 2020 Valuation technique Unobservable inputs Weighted average (range) [1] CMO's - trading $ 442 Discounted cash flow model Weighted average life 1.4 years ( 0.7 - 1.5 years) Yield 3.8% ( 3.7% - 4.3%) Prepayment speed 18.3% ( 15.2% - 19.6%) Other - trading $ 423 Discounted cash flow model Weighted average life 3.8 years Yield 12.0% Prepayment speed 10.8% Mortgage servicing rights $ 141,144 Discounted cash flow model Prepayment speed 6.7%( 0.3% - 24.6%) Weighted average life 6.2 years ( 0.1 - 14.4 years) Discount rate 11.2% ( 9.5% - 14.7%) Loans held-in-portfolio $ 5,121 [2] External appraisal Haircut applied on external appraisals 24.6% ( 10.0% - 40.1%) Other real estate owned $ 11,853 [3] External appraisal Haircut applied on external appraisals 21.7% ( 5.0% - 30.0%) [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 at June 30, (In thousands) 2019 Valuation technique Unobservable inputs Weighted average (range) [1] CMO's - trading $ 618 Discounted cash flow model Weighted average life 1.7 years ( 1.1 - 1.9 years) Yield 4.0% ( 3.9% - 4.4%) Prepayment speed 18.5% ( 15.2% - 20.9%) Other - trading $ 468 Discounted cash flow model Weighted average life 5.2 years Yield 12.0% Prepayment speed 10.8% Mortgage servicing rights $ 153,021 Discounted cash flow model Prepayment speed 6.1% ( 0.2% - 23.3%) Weighted average life 7.4 years ( 0.1 - 15.1 years) Discount rate 11.2% ( 9.5% - 14.7%) Loans held-in-portfolio $ 38,161 [2] External appraisal Haircut applied on external appraisals 10.2% ( 10.0% - 35.0%) Other real estate owned $ 12,596 [3] External appraisal Haircut applied on external appraisals 24.0% ( 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	6 Months Ended
	Jun. 30, 2020
Fair Value Disclosures
Fair Value of Financial Instruments	Note 25 – 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 June 30, 2020 and December 31, 2019, 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. June 30, 2020 Carrying (In thousands) amount Level 1 Level 2 Level 3 Fair value Financial Assets: Cash and due from banks $ 435,080 $ 435,080 $ - $ - $ 435,080 Money market investments 9,625,278 9,619,232 6,046 - 9,625,278 Trading account debt securities, excluding derivatives [1] 33,560 3,906 28,789 865 33,560 Debt securities available-for-sale [1] 20,763,453 5,998,853 14,763,449 1,151 20,763,453 Debt securities held-to-maturity: Obligations of Puerto Rico, States and political subdivisions $ 70,593 $ - $ - $ 71,553 $ 71,553 Collateralized mortgage obligation-federal agency 40 - - 42 42 Securities in wholly owned statutory business trusts 11,561 - 11,561 - 11,561 Other 500 - 500 - 500 Total debt securities held-to-maturity $ 82,694 $ - $ 12,061 $ 71,595 $ 83,656 Equity securities: FHLB stock $ 48,086 $ - $ 48,086 $ - $ 48,086 FRB stock 92,029 - 92,029 - 92,029 Other investments 26,361 - 25,058 5,781 30,839 Total equity securities $ 166,476 $ - $ 165,173 $ 5,781 $ 170,954 Loans held-for-sale $ 68,725 $ - $ - $ 70,525 $ 70,525 Loans held-in-portfolio 28,152,119 - - 26,435,627 26,435,627 Mortgage servicing rights 141,144 - - 141,144 141,144 Derivatives 15,365 - 15,365 - 15,365 June 30, 2020 Carrying (In thousands) amount Level 1 Level 2 Level 3 Fair value Financial Liabilities: Deposits: Demand deposits $ 45,712,606 $ - $ 45,712,606 $ - $ 45,712,606 Time deposits 8,131,694 - 8,125,875 - 8,125,875 Total deposits $ 53,844,300 $ - $ 53,838,481 $ - $ 53,838,481 Assets sold under agreements to repurchase $ 153,065 $ - $ 152,510 $ - $ 152,510 Notes payable: FHLB advances $ 504,409 $ - $ 525,562 $ - $ 525,562 Unsecured senior debt securities 295,941 - 290,946 - 290,946 Junior subordinated deferrable interest debentures (related to trust preferred securities) 384,915 - 384,475 - 384,475 FRB advances 1,009 - 1,009 - 1,009 Total notes payable $ 1,186,274 $ - $ 1,201,992 $ - $ 1,201,992 Derivatives $ 12,612 $ - $ 12,612 $ - $ 12,612 [1] Refer to Note 24 to the Consolidated Financial Statements for the fair value by class of financial asset and its hierarchy level December 31, 2019 Carrying (In thousands) amount Level 1 Level 2 Level 3 Fair value Financial Assets: Cash and due from banks $ 388,311 $ 388,311 $ - $ - $ 388,311 Money market investments 3,262,286 3,256,274 6,012 - 3,262,286 Trading account debt securities, excluding derivatives [1] 40,321 7,081 32,270 970 40,321 Debt securities available-for-sale [1] 17,648,473 3,841,715 13,805,576 1,182 17,648,473 Debt securities held-to-maturity: Obligations of Puerto Rico, States and political subdivisions $ 85,556 $ - $ - $ 93,002 $ 93,002 Collateralized mortgage obligation-federal agency 45 - - 47 47 Securities in wholly owned statutory business trusts 11,561 - 11,561 - 11,561 Other 500 - 500 - 500 Total debt securities held-to-maturity $ 97,662 $ - $ 12,061 $ 93,049 $ 105,110 Equity securities: FHLB stock $ 43,787 $ - $ 43,787 $ - $ 43,787 FRB stock 93,470 - 93,470 - 93,470 Other investments 22,630 - 21,328 7,367 28,695 Total equity securities $ 159,887 $ - $ 158,585 $ 7,367 $ 165,952 Loans held-for-sale $ 59,203 $ - $ - $ 60,030 $ 60,030 Loans held-in-portfolio 26,929,165 - - 25,051,400 25,051,400 Mortgage servicing rights 150,906 - - 150,906 150,906 Derivatives 17,966 - 17,966 - 17,966 December 31, 2019 Carrying (In thousands) amount Level 1 Level 2 Level 3 Fair value Financial Liabilities: Deposits: Demand deposits $ 36,083,809 $ - $ 36,083,809 $ - $ 36,083,809 Time deposits 7,674,797 - 7,598,732 - 7,598,732 Total deposits $ 43,758,606 $ - $ 43,682,541 $ - $ 43,682,541 Assets sold under agreements to repurchase $ 193,378 $ - $ 193,271 $ - $ 193,271 Notes payable: FHLB advances $ 421,399 $ - $ 429,718 $ - $ 429,718 Unsecured senior debt 295,307 - 323,415 - 323,415 Junior subordinated deferrable interest debentures (related to trust preferred securities) 384,902 - 395,216 - 395,216 Total notes payable $ 1,101,608 $ - $ 1,148,349 $ - $ 1,148,349 Derivatives $ 16,619 $ - $ 16,619 $ - $ 16,619 [1] Refer to Note 24 to the Consolidated Financial Statements for the fair value by class of financial asset and its hierarchy level. The notional amount of commitments to extend credit at June 30, 2020 and December 31, 2019 is $ 8.3 billion and $ 8.4 billion, respectively, and represents the unused portion of credit facilities granted to customers. The notional amount of letters of credit at June 30, 2020 and December 31, 2019 is $ 60 million and $ 78 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	6 Months Ended
	Jun. 30, 2020
Earnings Per Share
Net Income (Loss) Per Common Share	Note 26 – 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 six months ended June 30, 2020 and 2019: Quarters ended June 30, Six months ended June 30, (In thousands, except per share information) 2020 2019 2020 2019 Net income $ 127,628 $ 171,106 $ 161,930 $ 339,031 Preferred stock dividends ( 353) ( 931) ( 1,053) ( 1,862) Net income applicable to common stock $ 127,275 $ 170,175 $ 160,877 $ 337,169 Average common shares outstanding 85,135,522 96,305,118 87,962,040 97,437,141 Average potential dilutive common shares 26,139 152,330 77,672 154,848 Average common shares outstanding - assuming dilution 85,161,661 96,457,448 88,039,712 97,591,989 Basic EPS $ 1.49 $ 1.77 $ 1.83 $ 3.46 Diluted EPS $ 1.49 $ 1.76 $ 1.83 $ 3.45 As disclosed in Note 18, on May 27, 2020, the Corporation completed its $ 500 million accelerated share repurchase transaction (“ASR”) in 2020. Under the ASR, the Corporation received from the dealer counterparty an initial delivery of 7,055,919 shares of common stock on February 3, 2020. As part of the final settlement of the ASR, the Corporation received an additional 4,763,216 shares of common stock after the early termination date of March 19, 2020. The early termination resulted from the exercise by the dealer counterparty of its contractual right to terminate the transaction due to the trading price of the Corporation’s common stock falling below a specified level due to the effects of the COVID-19 pandemic on the global markets. The Corporation accounted for the ASR as a treasury stock transaction. For the quarter and six months ended June 30, 2020, 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, 2019. For a discussion of the calculation under the treasury stock method, refer to Note 33 of the Consolidated Financial Statements included in the 2019 Form 10-K.

Revenue from contract with cust

Revenue from contract with customers	6 Months Ended
	Jun. 30, 2020
Revenue From Contract With Customer Abstract
Revenue From Contract With Customer Text Block	Note 27 – 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 six months ended June 30, 2020 and 2019 Quarter ended June 30, Six months ended June 30, (In thousands) 2020 2020 BPPR Popular U.S. BPPR Popular U.S. Service charges on deposit accounts $ 28,104 $ 2,059 $ 66,435 $ 5,387 Other service fees: Debit card fees 6,853 229 16,852 467 Insurance fees, excluding reinsurance 8,183 531 15,871 1,268 Credit card fees, excluding late fees and membership fees 17,378 161 37,146 403 Sale and administration of investment products 4,910 - 11,173 - Trust fees 5,731 - 11,117 - Total revenue from contracts with customers [1] $ 71,159 $ 2,980 $ 158,594 $ 7,525 [1] The amounts include intersegment transactions of $ 2.1 million and $ 2.4 million, respectively, for the quarter and six months ended June 30, 2020. Quarter ended June 30, Six months ended June 30, (In thousands) 2019 2019 BPPR Popular U.S. BPPR Popular U.S. Service charges on deposit accounts $ 36,035 $ 3,582 $ 71,099 $ 7,209 Other service fees: Debit card fees 11,752 282 22,651 553 Insurance fees, excluding reinsurance 13,420 831 20,865 1,601 Credit card fees, excluding late fees and membership fees 21,392 223 39,678 439 Sale and administration of investment products 5,732 - 10,991 - Trust fees 5,752 - 10,567 - Total revenue from contracts with customers [1] $ 94,083 $ 4,918 $ 175,851 $ 9,802 [1] The amounts include intersegment transactions of $ 1.9 million and $ 2.1 million, respectively, for the quarter and six months ended June 30, 2019. 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	6 Months Ended
	Jun. 30, 2020
Leases [Abstract]
Leases	Note 28 – 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 33.5years 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 13 and Note 17, 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: June 30, 2020 (In thousands) Remaining 2020 2021 2022 2023 2024 Later Years Total Lease Payments Less: Imputed Interest Total Operating Leases $ 15,955 $ 30,619 $ 26,527 $ 24,225 $ 23,130 $ 73,346 $ 193,802 $ ( 25,851) $ 167,951 Finance Leases 1,613 3,299 3,392 3,489 3,594 8,938 24,325 ( 4,305) 20,020 December 31, 2019 (In thousands) 2020 2021 2022 2023 2024 Later Years Total Lease Payments Less: Imputed Interest Total Operating Leases $ 29,872 $ 27,445 $ 23,540 $ 21,257 $ 20,176 $ 70,842 $ 193,132 $ ( 27,993) $ 165,139 Finance Leases 3,068 3,159 3,252 3,349 3,448 8,220 24,496 ( 4,686) 19,810 The following table presents the lease cost recognized by the Corporation in the Consolidated Statements of Operations as follows: Quarters ended June 30, Six months ended June 30, (In thousands) 2020 2019 2020 2019 Finance lease cost: Amortization of ROU assets $ 467 $ 385 $ 987 $ 843 Interest on lease liabilities 288 284 601 605 Operating lease cost 7,914 7,768 15,828 15,923 Short-term lease cost 77 51 134 75 Variable lease cost 14 2 25 2 Sublease income ( 30) ( 30) ( 60) ( 55) Net gain recognized from sale and leaseback transaction [1] ( 5,550) - ( 5,550) - Total lease cost [2] $ 3,180 $ 8,460 $ 11,965 $ 17,393 [1] During the quarter ended June 30, 2020, the Corporation recognized the transfer of the Caparra Center as a sale. Since the sale and partial leaseback was considered to be at fair value, no portion of the gain on sale was deferred. [2] Total lease cost is recognized as part of net occupancy expense, except for the net gain recognized from the sale and leaseback transaction which was included as part of other operating income. The following table presents supplemental cash flow information and other related information related to operating and finance leases. Six months ended (Dollars in thousands) June 30, 2020 June 30, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 15,769 $ 14,976 Operating cash flows from finance leases 601 611 Financing cash flows from finance leases 1,047 837 ROU assets obtained in exchange for new lease obligations: Operating leases [1] $ 11,457 $ 4,008 Weighted-average remaining lease term: Operating leases 8.3 years 8.5 years Finance leases 7.0 years 7.7 years Weighted-average discount rate: Operating leases 3.2 % 3.7 % Finance leases 5.7 % 6.0 % [1] During the quarter ended June 30, 2020, the Corporation recognized a lease liability of $ 11.1 million and a corresponding ROU asset for the same amount as a result of the partial leaseback of the Caparra Center. As of June 30, 2020, the Corporation has additional operating and finance leases contracts that have not yet commenced with an undiscounted contract amount of $ 5.8 million and $ 5.3 million, respectively, which will have lease terms ranging from 10 to 20 years.

Pension and postretirement bene

Pension and postretirement benefits	6 Months Ended
	Jun. 30, 2020
Disclosure Text Block
Employee Benefits	Note 29 – 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 June 30, Quarters ended June 30, (In thousands) 2020 2019 2020 2019 Personnel Cost: Service cost $ - $ - $ 178 $ 190 Other operating expenses: Interest cost 5,847 7,110 1,228 1,489 Expected return on plan assets ( 9,526) ( 8,096) - - Amortization of prior service cost/(credit) - - - - Amortization of net loss 5,220 5,876 142 - Total net periodic pension cost $ 1,541 $ 4,890 $ 1,548 $ 1,679 Pension Plans OPEB Plan Six months ended June 30, Six months ended June 30, (In thousands) 2020 2019 2020 2019 Personnel Cost: Service cost $ - $ - $ 356 $ 380 Other operating expenses: Interest cost 11,694 14,219 2,456 2,977 Expected return on plan assets ( 19,052) ( 16,192) - - Amortization prior service cost/(credit) - - - - Amortization of net loss 10,440 11,752 284 - Total net periodic pension cost $ 3,082 $ 9,779 $ 3,096 $ 3,357 The Corporation paid the following contributions to the plans for the six months ended June 30, 2020 and expects to pay the following contributions for the year ending December 31, 2020. For the six months ended For the year ending (In thousands) June 30, 2020 December 31, 2020 Pension Plans $ 114 $ 229 OPEB Plan $ 2,585 $ 6,516

Stock-based compensation

Stock-based compensation	6 Months Ended
	Jun. 30, 2020
Disclosure Text Block
Stock-based Compensation	Note 30 - Stock-based compensation Incentive Plan On May 12, 2020, the shareholders of the Corporation approved the Popular, Inc. 2020 Omnibus Incentive Plan, which permits the Corporation to issue several types of stock-based compensation to employees and directors of the Corporation and/or any of its subsidiaries (the “2020 Incentive Plan”). The 2020 Incentive Plan replaced the Popular, Inc. 2004 Omnibus Incentive Plan, which was in effect prior to the adoption of the 2020 Incentive Plan (the “2004 Incentive Plan” and, together with the 2020 Incentive Plan, the “Incentive Plan”). Participants under 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 stock granted under the Incentive Plan to employees becomes 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 graduated vesting portion is vested ratably over four years commencing at the date of the grant and the retirement vesting portion 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 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 granted under the Incentive Plan 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. For grants issued on 2020 and thereafter, the EPS goal is substituted by the Absolute Return on Average Assets (“ROA”) goal. 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 and ROA metrics are considered to be a performance condition under ASC 718. The fair value is determined based on the probability of achieving the EPS or ROA goal as of each reporting period. The TSR and EPS or ROA 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 and ROA) 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, 2018 382,186 $ 36.41 Granted 218,169 55.55 Performance Shares Quantity Adjustment 15,061 55.72 Vested ( 270,051) 44.73 Non-vested at December 31, 2019 345,365 $ 41.68 Granted 278,060 43.20 Performance Shares Quantity Adjustment ( 7) 48.79 Vested ( 245,002) 43.10 Forfeited ( 3,555) 43.72 Non-vested at June 30, 2020 374,861 $ 41.51 During the quarter ended June 30, 2020, 125,539 shares of restricted stock (June 30, 2019 – 67,564) were awarded to management under the Incentive Plan. During the quarters ended June 30, 2020 and 2019, no performance shares were awarded to management under the Incentive Plan. For the six months ended June 30, 2020, 213,245 shares of restricted stock (June 30, 2019 – 152,154) and 64,815 performance shares ( June 30, 2019 - 65,396) were awarded to management under the Incentive Plan. During the quarter ended June 30, 2020, the Corporation recognized $ 2 million of restricted stock expense related to management incentive awards, with a tax benefit of $ 0.5 million (June 30, 2019 - $ 2 million, with a tax benefit of $ 0.5 million). For the six months ended June 30, 2020, the Corporation recognized $ 5.7 million of restricted stock expense related to management incentive awards, with a tax benefit of $ 0.9 million (June 30, 2019 - $ 5.8 million, with a tax benefit of $ 0.9 million). For the six months ended June 30, 2020, the fair market value of the restricted stock and performance shares vested was $ 9.5 million at grant date and $ 10.9 million at vesting date. This differential triggers a windfall of $ 0.5 million that was recorded as a reduction on income tax expense. During the quarter ended June 30, 2020 the Corporation recognized $ 0.3 million of performance shares expense, with a tax benefit of $ 24 thousand (June 30, 2019 - $ 0.4 million, with a tax benefit of $ 23 thousand) . For the six months ended June 30, 2020, the Corporation recognized $ 2.8 million of performance shares expense, with a tax benefit of $ 0.3 million (June 30, 2019 - $ 3.9 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 June 30, 2020 was $ 12.2 million and is expected to be recognized over a weighted-average period of 2.4 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, 2018 - $ - - $ - Granted 1,052 49.25 27,449 57.64 Vested ( 1,052) 49.25 ( 27,449) 57.64 Forfeited - - - - Non-vested at December 31, 2019 - $ - - $ - Granted - - 42,301 35.44 Vested - - ( 42,301) 35.44 Forfeited - - - - Non-vested at June 30, 2020 - $ - - $ - 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 2020 and 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 June 30, 2020 and 2019, no shares of restricted stock were granted to members of the Board of Directors of Popular, Inc. and 42,003 RSUs were granted to members of the Board of Directors of Popular, Inc (June 30, 2019 - 25,460). During this period, the Corporation did not recognize any expense related to these restricted stock shares, and the expense related to these RSUs was of $ 1.5 million with a tax benefit of $ 0.3 million (June 30, 2019 - $ 1.5 million, with a tax benefit of $ 0.2 million). For the six months ended June 30, 2020, the Corporation did not grant shares of restricted stock to members of the Board of Directors of Popular, Inc. (June 30, 2019 – 1,052) and 42,301 RSU were granted to members of the Board of Directors of Popular, Inc., which became vested at grant date (June 30, 2019 - 25,460). During this period, the Corporation did not recognized restricted stock expense related to the restricted stock shares, (June 30, 2019 - $ 52 thousand, with a tax benefit of $ 6 thousand) and $ 1.5 million of restricted stock expense related to these RSU, with a tax benefit of $ 0.3 million, (June 30, 2019 - $ 1.5 million, with a tax benefit of $ 0.2 million). The fair value at vesting date of the RSU vested during the six months ended June 30, 2020 for directors was $ 1.5 million.

Income taxes

Income taxes	6 Months Ended
	Jun. 30, 2020
Income Tax Disclosure
Income Taxes	Note 31 – 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 June 30, 2020 June 30, 2019 (In thousands) Amount % of pre-tax income Amount % of pre-tax income Computed income tax expense at statutory rates $ 57,096 38 % $ 79,289 38 % Net benefit of tax exempt interest income ( 29,424) ( 19) ( 30,939) ( 15) Deferred tax asset valuation allowance 2,610 2 1,263 1 Difference in tax rates due to multiple jurisdictions ( 4,210) ( 3) ( 2,756) ( 2) Effect of income subject to preferential tax rate ( 2,727) ( 2) ( 2,287) ( 1) Adjustment due to estimate on the annual effective rate ( 2,153) ( 2) 419 - State and local taxes 2,614 2 1,731 1 Others 822 - ( 6,390) ( 3) Income tax expense $ 24,628 16 % $ 40,330 19 % Six months ended June 30, 2020 June 30, 2019 (In thousands) Amount % of pre-tax income Amount % of pre-tax income Computed income tax expense at statutory rates $ 71,121 38 % $ 161,094 38 % Net benefit of tax exempt interest income ( 62,320) ( 33) ( 57,883) ( 14) Deferred tax asset valuation allowance 8,148 4 6,745 2 Difference in tax rates due to multiple jurisdictions 4,665 2 ( 5,618) ( 2) Effect of income subject to preferential tax rate ( 4,627) ( 2) ( 5,215) ( 1) Adjustment due to estimate on the annual effective rate 6,851 4 ( 2,711) ( 1) State and local taxes 2,059 1 3,355 1 Others 1,828 1 ( 9,214) ( 2) Income tax expense $ 27,725 15 % $ 90,553 21 % For the six month period ended June 30,2020 the Corporation recorded an income tax expense of $ 27.7 million , compared to $ 90.6 million for the six months period ended June 30, 2019. The reduction in income tax expense reflects the impact of lower pre-tax income, resulting primarily from a higher provision for credit losses and the impact of the COVID-19 pandemic. The following table presents a breakdown of the significant components of the Corporation’s deferred tax assets and liabilities. June 30, 2020 (In thousands) PR US Total Deferred tax assets: Tax credits available for carryforward $ 3,003 $ 5,269 $ 8,272 Net operating loss and other carryforward available 119,928 710,208 830,136 Postretirement and pension benefits 79,712 - 79,712 Deferred loan origination fees 16,926 ( 2,213) 14,713 Allowance for credit losses 438,379 39,319 477,698 Accelerated depreciation 3,439 4,922 8,361 FDIC-assisted transaction 83,016 - 83,016 Intercompany deferred gains 1,749 - 1,749 Lease liability 23,679 21,832 45,511 Difference in outside basis from pass-through entities 57,001 - 57,001 Other temporary differences 34,366 7,821 42,187 Total gross deferred tax assets 861,198 787,158 1,648,356 Deferred tax liabilities: Indefinite-lived intangibles 39,075 38,122 77,197 Unrealized net gain (loss) on trading and available-for-sale securities 79,510 8,465 87,975 Right of use assets 21,607 19,927 41,534 Other temporary differences 13,080 1,180 14,260 Total gross deferred tax liabilities 153,272 67,694 220,966 Valuation allowance 108,250 406,919 515,169 Net deferred tax asset $ 599,676 $ 312,545 $ 912,221 December 31, 2019 (In thousands) PR US Total Deferred tax assets: Tax credits available for carryforward $ 2,368 $ 5,269 $ 7,637 Net operating loss and other carryforward available 112,803 716,796 829,599 Postretirement and pension benefits 82,623 - 82,623 Deferred loan origination fees 2,519 ( 2,759) ( 240) Allowance for loan losses 405,475 10,981 416,456 Accelerated depreciation 3,439 4,914 8,353 FDIC-assisted transaction 82,684 - 82,684 Intercompany deferred gains 1,604 - 1,604 Lease liability 22,694 23,387 46,081 Difference in outside basis from pass-through entities 21,670 - 21,670 Other temporary differences 26,554 7,460 34,014 Total gross deferred tax assets 764,433 766,048 1,530,481 Deferred tax liabilities: Indefinite-lived intangibles 37,411 36,058 73,469 Unrealized net gain (loss) on trading and available-for-sale securities 15,635 432 16,067 Right of use assets 20,598 21,430 42,028 Other temporary differences 12,778 1,179 13,957 Total gross deferred tax liabilities 86,422 59,099 145,521 Valuation allowance 100,175 399,800 499,975 Net deferred tax asset $ 577,836 $ 307,149 $ 884,985 The net deferred tax asset shown in the table above at June 30, 2020 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, 2019 - $ 0.9 billion) and $ 1.4 million in deferred tax liabilities in the “Other liabilities” caption (December 31, 2019 - $ 1.4 million), 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 negative and positive 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, mainly the future reversal of existing taxable temporary differences and future taxable income exclusive of reversing temporary differences and carryforwards. At June 30, 2020 the deferred tax asset net of deferred tax liabilities of the U.S. operations amounted to $ 719 million with a valuation allowance of approximately $ 407 million, for a net deferred tax asset of approximately $ 312 million. Management evaluates the realization of the deferred tax asset by taxing jurisdiction. The U.S. mainland operations are evaluated, as a whole, since a consolidated income tax return is filed. As of June 30, 2020, the U.S. operation is not in a cumulative three-years loss position. During 2020, two additional pieces of negative evidence arose: further reduction in interest rates combined with a lower expectation of rate increases in the near future and the economic uncertainty around COVID-19 pandemic. This economic disruption was the principal driver of the significant increase in our provision for credit losses during the first quarter of 2020, although net charge-offs for the first two quarters of 2020 were lower and early credit indicators such as NPL inflows were also lower in our U.S. operations. Due to the economic uncertainty, at this time, the additional negative evidence related to the economic disruption is not enough to overcome the positive evidence of recent historical operating performance such as sustained loan growth, the early success of new business initiatives and stable credit metrics, in combination with the length of the expiration of the NOLs. The Corporation believes that this objectively verified positive evidence places the U.S. operations in a good position to continue executing its business plan once the economic environment stabilizes after the current pandemic turmoil. As a result, as of June 30, 2020, management estimates 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. Management will continue to monitor and review the U.S. operation’s results and the pre-tax earnings forecast on a quarterly basis to assess the future realization of the DTA. Management will closely monitor factors like, net income versus forecast, targeted loan growth, net interest income margin, allowance for credit losses, charge offs, NPLs inflows and NPA balances. If such factors worsen during future periods, they could constitute sufficient objectively verifiable negative evidence to overcome the positive evidence, that currently exists, and could require additional amounts of valuation allowance to be registered on the DTA. Any increases to the valuation allowance would be reflected as an income tax expense, reducing the Corporation’s earnings. At June 30, 2020, the Corporation’s net deferred tax assets related to its Puerto Rico operations amounted to $ 600 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 June 30, 2020. This is considered a strong piece of objectively verifiable positive evidence that outweighs 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 as of June 30, 2020. 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 June 30, 2020. 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 negative and positive 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. Accordingly, a valuation allowance is recorded on the deferred tax asset at the PIHC, which amounted to $ 108 million as of June 30, 2020. The extent to which the COVID-19 pandemic further impacts our business, results of operations and financial condition, as well as the operations of our clients, customers, service providers and suppliers, will depend on future developments, which are highly uncertain and cannot be predicted, including the scope and duration of the pandemic and actions taken by governmental authorities and other third parties in response thereto. To the extent that the COVID-19 pandemic results in the continued closure of businesses and a reduction in economic activity, and interest rates, the Corporation and its subsidiaries will be further impacted in the form of reduced revenues, additional expenses and higher credit losses and could result in further impairment or reduction in the assessment of the realizability of our DTA in our Puerto Rico and U.S. operations. The reconciliation of unrecognized tax benefits, excluding interest, was as follows: (In millions) 2020 2019 Balance at January 1 $ 16.3 $ 7.2 Additions for tax positions - January through March - 0.3 Balance at March 31 $ 16.3 $ 7.5 Additions for tax positions - April through June - 0.2 Balance at June 30 $ 16.3 $ 7.7 At June 30, 2020, the total amount of accrued interest recognized in the statement of financial condition approximated $ 4.7 million (December 31, 2019 - $ 3.5 million). The total interest expense recognized at June 30, 2020 was $ 1.3 million (June 30, 2019 - $ 287 thousand). Management determined that at June 30, 2020 and December 31, 2019 there was no 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 $ 11.6 million at June 30, 2020 (December 31, 2019 - $ 10.5 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 U.S. federal jurisdiction, various U.S. states and political subdivisions, and foreign jurisdictions. At June 30, 2020 , the following years remain subject to examination in the U.S. Federal jurisdiction: 2016 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 $ 2.2 million.

Supplemental disclosure on the

Supplemental disclosure on the consolidated statements of cash flows	6 Months Ended
	Jun. 30, 2020
Supplemental Cash Flow Information
Supplemental Disclosure on the Consolidated Statements of Cash Flows	Note 32 – Supplemental disclosure on the consolidated statements of cash flows Additional disclosures on cash flow information and non-cash activities for the six months ended June 30, 2020 and June 30, 2019 are listed in the following table: (In thousands) June 30, 2020 June 30, 2019 Non-cash activities: Loans transferred to other real estate $ 16,394 $ 27,153 Loans transferred to other property 18,306 25,281 Total loans transferred to foreclosed assets 34,700 52,434 Loans transferred to other assets 3,613 12,466 Financed sales of other real estate assets 7,671 8,427 Financed sales of other foreclosed assets 14,845 12,016 Total financed sales of foreclosed assets 22,516 20,443 Financed sale of premises and equipment 31,350 - Transfers from loans held-in-portfolio to loans held-for-sale 28,557 - Transfers from loans held-for-sale to loans held-in-portfolio 11,880 7,406 Loans securitized into investment securities [1] 153,546 210,454 Trades receivable from brokers and counterparties 33,206 46,009 Trades payable to brokers and counterparties 470,849 256,993 Recognition of mortgage servicing rights on securitizations or asset transfers 3,107 4,255 Interest capitalized on loans subject to the temporary payment moratorium 8,496 - Loans booked under the GNMA buy-back option 457,703 26,710 Capitalization of lease right of use asset 17,138 162,768 [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) June 30, 2020 June 30, 2019 Cash and due from banks $ 430,077 $ 366,583 Restricted cash and due from banks 5,002 25,120 Restricted cash in money market investments 6,046 7,979 Total cash and due from banks, and restricted cash [2] $ 441,125 $ 399,682 [2] Refer to Note 5 - Restrictions on cash and due from banks and certain securities for nature of restrictions.

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2020
Disclosure Text Block
Segment Reporting	Note 33 – 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 June 30, 2020, 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. 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 Risk Services, and Popular Life Re. Most of the services that are provided by these subsidiaries generate profits based on fee income. 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. The tables that follow present the results of operations and total assets by reportable segments: 2020 For the quarter ended June 30, 2020 Banco Popular Intersegment (In thousands) de Puerto Rico Popular U.S. Eliminations Net interest income $ 387,164 $ 73,704 $ 4 Provision for credit losses 59,789 2,681 - Non-interest income 95,803 6,413 ( 136) Amortization of intangibles 1,605 166 - Depreciation expense 12,074 2,105 - Other operating expenses 283,533 50,876 ( 135) Income tax expense 18,105 7,267 - Net income $ 107,861 $ 17,022 $ 3 Segment assets $ 51,967,412 $ 10,594,628 $ ( 35,439) For the quarter ended June 30, 2020 Reportable (In thousands) Segments Corporate Eliminations Total Popular, Inc. Net interest income (expense) $ 460,872 $ ( 9,991) $ - $ 450,881 Provision (reversal) for credit losses 62,470 ( 21) - 62,449 Non-interest income 102,080 11,954 ( 1,979) 112,055 Amortization of intangibles 1,771 25 - 1,796 Depreciation expense 14,179 236 - 14,415 Other operating expenses 334,274 ( 1,345) ( 909) 332,020 Income tax expense (benefit) 25,372 ( 330) ( 414) 24,628 Net income $ 124,886 $ 3,398 $ ( 656) $ 127,628 Segment assets $ 62,526,601 $ 5,219,408 $ ( 4,900,657) $ 62,845,352 For the six months ended June 30, 2020 Banco Popular Intersegment (In thousands) de Puerto Rico Popular U.S. Eliminations Net interest income $ 796,790 $ 146,393 $ 7 Provision for credit losses 173,371 78,672 - Non-interest income 207,945 11,645 ( 276) Amortization of intangibles 3,887 333 - Depreciation expense 24,361 4,058 - Other operating expenses 583,910 106,070 ( 272) Income tax expense (benefit) 33,206 ( 4,684) - Net income (loss) $ 186,000 $ ( 26,411) $ 3 Segment assets $ 51,967,412 $ 10,594,628 $ ( 35,439) For the six months ended June 30, 2020 Reportable Total (In thousands) Segments Corporate Eliminations Popular, Inc. Net interest income (expense) $ 943,190 $ ( 19,214) $ - $ 923,976 Provision for credit losses 252,043 137 - 252,180 Non-interest income 219,314 21,415 ( 2,031) 238,698 Amortization of intangibles 4,220 49 - 4,269 Depreciation expense 28,419 482 - 28,901 Other operating expenses 689,708 ( 308) ( 1,731) 687,669 Income tax expense (benefit) 28,522 ( 652) ( 145) 27,725 Net income $ 159,592 $ 2,493 $ ( 155) $ 161,930 Segment assets $ 62,526,601 $ 5,219,408 $ ( 4,900,657) $ 62,845,352 2019 For the quarter ended June 30, 2019 Banco Popular Intersegment (In thousands) de Puerto Rico Popular U.S. Eliminations Net interest income $ 411,549 $ 74,637 $ ( 61) Provision for credit losses 28,821 11,216 - Non-interest income 123,388 5,492 ( 140) Amortization of intangibles 2,180 166 - Depreciation expense 12,243 2,001 - Other operating expenses 297,428 51,741 ( 137) Income tax expense 36,751 4,097 - Net income $ 157,514 $ 10,908 $ ( 64) Segment assets $ 40,698,293 $ 9,723,815 $ ( 114,605) For the quarter ended June 30, 2019 Reportable (In thousands) Segments Corporate Eliminations Total Popular, Inc. Net interest income (expense) $ 486,125 $ ( 9,809) $ - $ 476,316 Provision for credit losses 40,037 154 - 40,191 Non-interest income 128,740 11,339 ( 1,753) 138,326 Amortization of intangibles 2,346 25 - 2,371 Depreciation expense 14,244 185 - 14,429 Other operating expenses 349,032 ( 1,944) ( 873) 346,215 Income tax expense (benefit) 40,848 ( 180) ( 338) 40,330 Net income $ 168,358 $ 3,290 $ ( 542) $ 171,106 Segment assets $ 50,307,503 $ 5,062,632 $ ( 4,752,914) $ 50,617,221 For the six months ended June 30, 2019 Banco Popular Intersegment (In thousands) de Puerto Rico Popular U.S. Eliminations Net interest income $ 818,906 $ 147,465 $ ( 57) Provision for credit losses 60,170 21,587 - Non-interest income 244,158 11,356 ( 281) Amortization of intangibles 4,302 332 - Depreciation expense 24,182 4,169 - Other operating expenses 578,126 100,350 ( 273) Income tax expense 82,127 9,312 - Net income $ 314,157 $ 23,071 $ ( 65) Segment assets $ 40,698,293 $ 9,723,815 $ ( 114,605) For the six months ended June 30, 2019 Reportable Total (In thousands) Segments Corporate Eliminations Popular, Inc. Net interest income (expense) $ 966,314 $ ( 19,035) $ - $ 947,279 Provision for credit losses 81,757 259 - 82,016 Non-interest income 255,233 21,400 ( 1,877) 274,756 Amortization of intangibles 4,634 49 - 4,683 Depreciation expense 28,351 373 - 28,724 Other operating expenses 678,203 414 ( 1,589) 677,028 Income tax expense (benefit) 91,439 ( 766) ( 120) 90,553 Net income $ 337,163 $ 2,036 $ ( 168) $ 339,031 Segment assets $ 50,307,503 $ 5,062,632 $ ( 4,752,914) $ 50,617,221 Additional disclosures with respect to the Banco Popular de Puerto Rico reportable segment are as follows: 2020 For the quarter ended June 30, 2020 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 $ 159,725 $ 223,634 $ 3,805 $ - $ 387,164 Provision for credit losses 8,870 50,919 - - 59,789 Non-interest income 25,255 47,266 23,525 ( 243) 95,803 Amortization of intangibles 50 902 653 - 1,605 Depreciation expense 5,077 6,836 161 - 12,074 Other operating expenses 73,451 189,631 20,705 ( 254) 283,533 Income tax expense (benefit) 24,324 ( 8,235) 2,016 - 18,105 Net income $ 73,208 $ 30,847 $ 3,795 $ 11 $ 107,861 Segment assets $ 44,866,934 $ 27,443,801 $ 2,524,764 $ ( 22,868,087) $ 51,967,412 For the six months ended June 30, 2020 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 $ 321,259 $ 466,690 $ 8,841 $ - $ 796,790 Provision for credit losses 19,183 154,188 - - 173,371 Non-interest income 49,967 111,250 47,265 ( 537) 207,945 Amortization of intangibles 98 2,212 1,577 - 3,887 Depreciation expense 10,227 13,814 320 - 24,361 Other operating expenses 148,326 391,673 44,474 ( 563) 583,910 Income tax expense (benefit) 49,940 ( 21,187) 4,453 - 33,206 Net income $ 143,452 $ 37,240 $ 5,282 $ 26 $ 186,000 Segment assets $ 44,866,934 $ 27,443,801 $ 2,524,764 $ ( 22,868,087) $ 51,967,412 2019 For the quarter ended June 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 $ 152,943 $ 257,301 $ 1,327 $ ( 22) $ 411,549 Provision for credit losses 2,855 25,966 - - 28,821 Non-interest income 25,696 68,806 29,654 ( 768) 123,388 Amortization of intangibles 48 1,074 1,058 - 2,180 Depreciation expense 4,897 7,191 155 - 12,243 Other operating expenses 74,021 207,925 16,263 ( 781) 297,428 Income tax expense 27,819 5,486 3,446 - 36,751 Net income $ 68,999 $ 78,465 $ 10,059 $ ( 9) $ 157,514 Segment assets $ 32,240,745 $ 23,582,849 $ 381,020 $ ( 15,506,321) $ 40,698,293 For the six months ended June 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 $ 304,403 $ 511,969 $ 2,645 $ ( 111) $ 818,906 Provision for credit losses 863 59,307 - - 60,170 Non-interest income 49,285 144,210 52,188 ( 1,525) 244,158 Amortization of intangibles 97 2,146 2,059 - 4,302 Depreciation expense 9,551 14,318 313 - 24,182 Other operating expenses 146,950 400,595 32,090 ( 1,509) 578,126 Income tax expense 59,013 17,229 5,885 - 82,127 Net income $ 137,214 $ 162,584 $ 14,486 $ ( 127) $ 314,157 Segment assets $ 32,240,745 $ 23,582,849 $ 381,020 $ ( 15,506,321) $ 40,698,293 Geographic Information The following information presents selected financial information based on the geographic location where the Corporation conducts its business. The banking operations of BPPR are primarily based in Puerto Rico, where it has the largest retail banking franchise. BPPR also conducts banking operations in the U.S. Virgin Islands, the British Virgin Islands and New York. BPPR’s banking operations in the United States include E-loan, an online platform used to offer personal loans, co-branded credit cards offerings and an online deposit gathering platform. In the Virgin Islands, the BPPR segment offers banking products, including loans and deposits. During the quarter ended June 30, 2020, the BPPR segment generated approximately $ 28.7 million (2019 - $ 26.0 million) in revenues from its operations in the United States, including net interest income, service charges on deposit accounts and other service fees. In addition, the BPPR segment generated $ 22.3 million in revenues (2019 - $ 24.1 million) from its operations in the U.S. and British Virgin Islands. At June 30, 2020, total assets for the BPPR segment related to its operations in the United States amounted to $ 608 million (2019 - $ 588 million) and total deposits amounted to $ 35 million (2019 - $ 59 million). Geographic Information Quarter ended Six months ended (In thousands) June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Revenues: [1] Puerto Rico $ 451,744 $ 501,640 $ 941,380 $ 1,001,778 United States 92,422 93,964 184,101 183,820 Other 18,770 19,038 37,193 36,437 Total consolidated revenues $ 562,936 $ 614,642 $ 1,162,674 $ 1,222,035 [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 on trading account debt securities, net gain on sale of loans, including valuation adjustment on loans helt-for-sale, adjustments (expense) to indemnity reserves on loans sold, and other operating income. Selected Balance Sheet Information: (In thousands) June 30, 2020 December 31, 2019 Puerto Rico Total assets $ 50,760,153 $ 40,544,255 Loans 20,262,910 18,989,286 Deposits 44,095,385 34,664,243 United States Total assets $ 11,202,062 $ 10,693,536 Loans 8,205,839 7,819,187 Deposits 8,168,697 7,664,792 Other Total assets $ 883,137 $ 877,533 Loans 670,529 657,603 Deposits [1] 1,580,218 1,429,571 [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	6 Months Ended
	Jun. 30, 2020
Disclosure Text Block
Condensed Consolidating Financial Information of Guarantor and Issuers of Registeres Guranteed Securities	Note 34 – 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 June 30, 2020 and December 31, 2019, and the results of their operations and cash flows for periods ended June 30, 2020 and 2019. 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 At June 30, 2020 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 $ 67,604 $ - $ 435,080 $ ( 67,604) $ 435,080 Money market investments 177,618 13,079 9,624,660 ( 190,079) 9,625,278 Trading account debt securities, at fair value - - 33,560 - 33,560 Debt securities available-for-sale, at fair value - - 20,763,453 - 20,763,453 Debt securities held -to maturity, at amortized cost 8,726 2,835 83,868 - 95,429 Less - Allowance for credit losses - - 12,735 - 12,735 Debt securities held-to-maturity, net 8,726 2,835 71,133 - 82,694 Equity securities 12,913 20 153,671 ( 128) 166,476 Investment in subsidiaries 6,024,065 1,768,290 - ( 7,792,355) - Loans held-for-sale, at lower of cost or fair value - - 68,725 - 68,725 Loans held-in-portfolio 31,753 - 29,212,368 5,955 29,250,076 Less - Unearned income - - 179,523 - 179,523 Allowance for credit losses 353 - 918,081 - 918,434 Total loans held-in-portfolio, net 31,400 - 28,114,764 5,955 28,152,119 Premises and equipment, net 5,073 - 508,607 - 513,680 Other real estate 146 - 113,794 - 113,940 Accrued income receivable 170 76 219,909 ( 29) 220,126 Mortgage servicing rights, at fair value - - 141,144 - 141,144 Other assets 110,536 21,919 1,732,389 ( 31,400) 1,833,444 Goodwill - - 671,123 ( 1) 671,122 Other intangible assets 6,414 - 18,097 - 24,511 Total assets $ 6,444,665 $ 1,806,219 $ 62,670,109 $ ( 8,075,641) $ 62,845,352 Liabilities and Stockholders' Equity Liabilities: Deposits: Non-interest bearing $ - $ - $ 12,588,114 $ ( 67,604) $ 12,520,510 Interest bearing - - 41,513,869 ( 190,079) 41,323,790 Total deposits - - 54,101,983 ( 257,683) 53,844,300 Assets sold under agreements to repurchase - - 153,065 - 153,065 Notes payable 586,752 94,104 505,418 - 1,186,274 Other liabilities 77,816 3,203 1,831,806 ( 31,277) 1,881,548 Total liabilities 664,568 97,307 56,592,272 ( 288,960) 57,065,187 Stockholders' equity: Preferred stock 22,143 - - - 22,143 Common stock 1,044 2 56,307 ( 56,309) 1,044 Surplus 4,511,627 4,173,087 5,852,819 ( 10,017,200) 4,520,333 Retained earnings (accumulated deficit) 2,042,309 ( 2,500,586) ( 58,486) 2,550,545 2,033,782 Treasury stock, at cost ( 1,016,375) - - ( 111) ( 1,016,486) Accumulated other comprehensive income, net of tax 219,349 36,409 227,197 ( 263,606) 219,349 Total stockholders' equity 5,780,097 1,708,912 6,077,837 ( 7,786,681) 5,780,165 Total liabilities and stockholders' equity $ 6,444,665 $ 1,806,219 $ 62,670,109 $ ( 8,075,641) $ 62,845,352 Condensed Consolidating Statement of Financial Condition (Unaudited) At December 31, 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 $ 55,956 $ - $ 388,363 $ ( 56,008) $ 388,311 Money market investments 221,598 16,029 3,261,688 ( 237,029) 3,262,286 Trading account debt securities, at fair value - - 40,321 - 40,321 Debt securities available-for-sale, at fair value - - 17,648,473 - 17,648,473 Debt securities held-to-maturity, at amortized cost 8,726 2,835 86,101 - 97,662 Equity securities 10,744 20 149,322 ( 199) 159,887 Investment in subsidiaries 6,243,065 1,806,583 - ( 8,049,648) - Loans held-for-sale, at lower of cost or fair value - - 59,203 - 59,203 Loans held-in-portfolio 32,027 - 27,549,874 5,955 27,587,856 Less - Unearned income - - 180,983 - 180,983 Allowance for loan losses 410 - 477,298 - 477,708 Total loans held-in-portfolio, net 31,617 - 26,891,593 5,955 26,929,165 Premises and equipment, net 3,893 - 552,757 - 556,650 Other real estate 146 - 121,926 - 122,072 Accrued income receivable 382 108 180,630 ( 249) 180,871 Mortgage servicing rights, at fair value - - 150,906 - 150,906 Other assets 93,835 21,324 1,722,839 ( 18,383) 1,819,615 Goodwill - - 671,123 ( 1) 671,122 Other intangible assets 6,463 - 22,317 - 28,780 Total assets $ 6,676,425 $ 1,846,899 $ 51,947,562 $ ( 8,355,562) $ 52,115,324 Liabilities and Stockholders' Equity Liabilities: Deposits: Non-interest bearing $ - $ - $ 9,216,181 $ ( 56,008) $ 9,160,173 Interest bearing - - 34,835,462 ( 237,029) 34,598,433 Total deposits - - 44,051,643 ( 293,037) 43,758,606 Assets sold under agreements to repurchase - - 193,378 - 193,378 Notes payable 586,119 94,090 421,399 - 1,101,608 Other liabilities 73,596 3,200 986,865 ( 18,708) 1,044,953 Total liabilities 659,715 97,290 45,653,285 ( 311,745) 46,098,545 Stockholders' equity: Preferred stock 50,160 - - - 50,160 Common stock 1,044 2 56,307 ( 56,309) 1,044 Surplus 4,438,706 4,173,169 5,847,389 ( 10,011,852) 4,447,412 Retained earnings (accumulated deficit) 2,156,442 ( 2,425,429) 555,398 1,861,504 2,147,915 Treasury stock, at cost ( 459,704) - - ( 110) ( 459,814) Accumulated other comprehensive (loss) income, net of tax ( 169,938) 1,867 ( 164,817) 162,950 ( 169,938) Total stockholders' equity 6,016,710 1,749,609 6,294,277 ( 8,043,817) 6,016,779 Total liabilities and stockholders' equity $ 6,676,425 $ 1,846,899 $ 51,947,562 $ ( 8,355,562) $ 52,115,324 Condensed Consolidating Statement of Operations (Unaudited) Quarter ended June 30, 2020 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 $ 2,000 $ - $ - $ ( 2,000) $ - Loans 558 - 429,112 - 429,670 Money market investments 405 23 2,013 ( 426) 2,015 Investment securities 161 46 76,677 - 76,884 Total interest and dividend income 3,124 69 507,802 ( 2,426) 508,569 Interest expense: Deposits - - 43,206 ( 426) 42,780 Short-term borrowings - - 645 - 645 Long-term debt 9,632 1,558 3,073 - 14,263 Total interest expense 9,632 1,558 46,924 ( 426) 57,688 Net interest (expense) income ( 6,508) ( 1,489) 460,878 ( 2,000) 450,881 Provision for credit losses - loan portfolios ( 21) - 63,125 - 63,104 Provision for credit losses - investment securities - - ( 655) - ( 655) Net interest (expense) income after provision for credit losses ( 6,487) ( 1,489) 398,408 ( 2,000) 388,432 Service charges on deposit accounts - - 30,163 - 30,163 Other service fees - - 54,052 ( 1,968) 52,084 Mortgage banking activities - - 3,777 - 3,777 Net gain, including impairment on equity securities 1,531 - 924 ( 8) 2,447 Net profit on trading account debt securities - - 82 - 82 Net gain on sale of loans, including valuation adjustments on loans held-for-sale - - 2,222 - 2,222 Indemnity reserves on loans sold expense - - ( 1,160) - ( 1,160) Other operating income 2,392 - 20,052 ( 4) 22,440 Total non-interest income 3,923 - 110,112 ( 1,980) 112,055 Operating expenses: Personnel costs 15,904 - 123,262 - 139,166 Net occupancy expenses 883 - 24,604 - 25,487 Equipment expenses 760 1 20,083 - 20,844 Other taxes 62 - 13,261 - 13,323 Professional fees 13,920 30 78,782 ( 185) 92,547 Communications 164 - 5,410 - 5,574 Business promotion 1,121 - 11,160 - 12,281 FDIC deposit insurance - - 5,340 - 5,340 Other real estate owned (OREO) expenses - - ( 344) - ( 344) Other operating expenses ( 34,143) 13 67,071 ( 724) 32,217 Amortization of intangibles 25 - 1,771 - 1,796 Total operating expenses ( 1,304) 44 350,400 ( 909) 348,231 (Loss) income before income tax and equity in earnings of subsidiaries ( 1,260) ( 1,533) 158,120 ( 3,071) 152,256 Income tax (benefit) expense - ( 322) 25,364 ( 414) 24,628 (Loss) income before equity in earnings of subsidiaries ( 1,260) ( 1,211) 132,756 ( 2,657) 127,628 Equity in undistributed earnings of subsidiaries 128,888 16,994 - ( 145,882) - Net income $ 127,628 $ 15,783 $ 132,756 $ ( 148,539) $ 127,628 Comprehensive income, net of tax $ 136,354 $ 20,768 $ 141,193 $ ( 161,961) $ 136,354 Condensed Consolidating Statement of Operations (Unaudited) Six months ended June 30, 2020 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 $ 582,000 $ - $ - $ ( 582,000) $ - Loans 1,120 - 878,996 - 880,116 Money market investments 1,556 68 14,014 ( 1,623) 14,015 Investment securities 319 93 164,384 - 164,796 Total interest and dividend income 584,995 161 1,057,394 ( 583,623) 1,058,927 Interest expense: Deposits - - 106,504 ( 1,623) 104,881 Short-term borrowings - - 1,693 - 1,693 Long-term debt 19,264 3,115 5,998 - 28,377 Total interest expense 19,264 3,115 114,195 ( 1,623) 134,951 Net interest income (expense) 565,731 ( 2,954) 943,199 ( 582,000) 923,976 Provision for credit losses - loan portfolios 137 - 251,962 - 252,099 Provision for credit losses - investment securities - - 81 - 81 Net interest income (expense) after provision for credit losses 565,594 ( 2,954) 691,156 ( 582,000) 671,796 Service charges on deposit accounts - - 71,822 - 71,822 Other service fees - - 118,951 ( 2,094) 116,857 Mortgage banking activities - - 10,197 - 10,197 Net loss, including impairment on equity securities ( 12) - ( 342) 73 ( 281) Net profit on trading account debt securities - - 573 - 573 Net gain on sale of loans, including valuation adjustments on loans held-for-sale - - 3,179 - 3,179 Indemnity reserves on loans sold expense - - ( 5,953) - ( 5,953) Other operating income 6,561 - 35,753 ( 10) 42,304 Total non-interest income 6,549 - 234,180 ( 2,031) 238,698 Operating expenses: Personnel costs 34,177 - 251,820 - 285,997 Net occupancy expenses 1,936 - 48,709 - 50,645 Equipment expenses 1,633 2 40,814 - 42,449 Other taxes 124 1 26,879 - 27,004 Professional fees 20,386 60 173,483 ( 311) 193,618 Communications 291 - 11,237 - 11,528 Business promotion 1,937 - 24,541 - 26,478 FDIC deposit insurance - - 10,420 - 10,420 Other real estate owned (OREO) expenses - - 2,135 - 2,135 Other operating expenses ( 60,726) 26 128,417 ( 1,421) 66,296 Amortization of intangibles 49 - 4,220 - 4,269 Total operating expenses ( 193) 89 722,675 ( 1,732) 720,839 Income (loss) before income tax and equity in losses of subsidiaries 572,336 ( 3,043) 202,661 ( 582,299) 189,655 Income tax (benefit) expense - ( 639) 28,509 ( 145) 27,725 Income (loss) before equity in losses of subsidiaries 572,336 ( 2,404) 174,152 ( 582,154) 161,930 Equity in undistributed losses of subsidiaries ( 410,406) ( 26,458) - 436,864 - Net income (loss) $ 161,930 $ ( 28,862) $ 174,152 $ ( 145,290) $ 161,930 Comprehensive income, net of tax $ 551,217 $ 5,680 $ 566,166 $ ( 571,846) $ 551,217 Condensed Consolidating Statement of Operations (Unaudited) Quarter ended June 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 $ 52,000 $ - $ - $ ( 52,000) $ - Loans 497 - 453,707 - 454,204 Money market investments 618 55 22,533 ( 672) 22,534 Investment securities 159 47 94,035 - 94,241 Total interest and dividend income 53,274 102 570,275 ( 52,672) 570,979 Interest expense: Deposits - - 79,121 ( 672) 78,449 Short-term borrowings - - 1,656 - 1,656 Long-term debt 9,632 1,558 3,368 - 14,558 Total interest expense 9,632 1,558 84,145 ( 672) 94,663 Net interest income (expense) 43,642 ( 1,456) 486,130 ( 52,000) 476,316 Provision for credit losses - loan portfolios 153 - 40,038 - 40,191 Net interest income (expense) after provision for credit losses 43,489 ( 1,456) 446,092 ( 52,000) 436,125 Service charges on deposit accounts - - 39,617 - 39,617 Other service fees 1 - 75,766 ( 1,736) 74,031 Mortgage banking activities - - ( 1,773) - ( 1,773) Net gain, including impairment on equity securities 283 - 254 ( 9) 528 Net profit on trading account debt securities - - 422 - 422 Adjustments to indemnity reserves on loans sold - - 1,840 - 1,840 Other operating income 3,636 633 19,401 ( 9) 23,661 Total non-interest income 3,920 633 135,527 ( 1,754) 138,326 Operating expenses: Personnel costs 14,376 - 127,123 - 141,499 Net occupancy expenses 1,178 - 22,119 2 23,299 Equipment expenses 1,027 1 20,295 - 21,323 Other taxes 62 1 12,514 - 12,577 Professional fees 4,721 28 90,728 ( 229) 95,248 Communications 219 - 5,736 - 5,955 Business promotion 899 - 18,220 - 19,119 FDIC deposit insurance - - 5,278 - 5,278 Other real estate owned (OREO) expenses - - 1,237 - 1,237 Other operating expenses ( 24,453) 16 60,193 ( 647) 35,109 Amortization of intangibles 25 - 2,346 - 2,371 Total operating expenses ( 1,946) 46 365,789 ( 874) 363,015 Income (loss) before income tax and equity in earnings of subsidiaries 49,355 ( 869) 215,830 ( 52,880) 211,436 Income tax (benefit) expense - ( 183) 40,852 ( 339) 40,330 Income (loss) before equity in earnings of subsidiaries 49,355 ( 686) 174,978 ( 52,541) 171,106 Equity in undistributed earnings of subsidiaries 121,751 10,893 - ( 132,644) - Net income $ 171,106 $ 10,207 $ 174,978 $ ( 185,185) $ 171,106 Comprehensive income, net of tax $ 303,872 $ 31,499 $ 308,913 $ ( 340,412) $ 303,872 Condensed Consolidating Statement of Operations (Unaudited) Six months ended June 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 $ 254,300 $ - $ - $ ( 254,300) $ - Loans 1,085 - 900,832 - 901,917 Money market investments 1,740 106 51,753 ( 1,845) 51,754 Investment securities 313 93 174,871 - 175,277 Total interest and dividend income 257,438 199 1,127,456 ( 256,145) 1,128,948 Interest expense: Deposits - - 151,120 ( 1,845) 149,275 Short-term borrowings - - 3,256 - 3,256 Long-term debt 19,264 3,115 6,759 - 29,138 Total interest expense 19,264 3,115 161,135 ( 1,845) 181,669 Net interest income (expense) 238,174 ( 2,916) 966,321 ( 254,300) 947,279 Provision for credit lossses - loan portfolios 259 - 81,757 - 82,016 Net interest income (expense) after provision for credit losses 237,915 ( 2,916) 884,564 ( 254,300) 865,263 Service charges on deposit accounts - - 78,308 - 78,308 Other service fees 2 - 140,172 ( 1,836) 138,338 Mortgage banking activities - - 8,153 - 8,153 Net gain, including impairment on equity securities 870 - 1,113 ( 22) 1,961 Net profit on trading account debt securities - - 682 - 682 Adjustment to indemnity reserves on loans sold - - 1,747 - 1,747 Other operating income (expense) 8,805 ( 634) 37,416 ( 20) 45,567 Total non-interest income (expense) 9,677 ( 634) 267,591 ( 1,878) 274,756 Operating expenses: Personnel costs 32,703 - 251,913 - 284,616 Net occupancy expenses 2,225 - 44,654 ( 43) 46,836 Equipment expenses 1,699 2 39,327 - 41,028 Other taxes 124 1 24,114 - 24,239 Professional fees 7,410 55 175,578 ( 329) 182,714 Communications 333 - 11,471 - 11,804 Business promotion 1,681 - 32,112 - 33,793 FDIC deposit insurance - - 10,084 - 10,084 Other real estate owned (OREO) expenses - - 3,914 - 3,914 Other operating expenses ( 45,792) 29 113,705 ( 1,218) 66,724 Amortization of intangibles 49 - 4,634 - 4,683 Total operating expenses 432 87 711,506 ( 1,590) 710,435 Income (loss) before income tax and equity in earnings of subsidiaries 247,160 ( 3,637) 440,649 ( 254,588) 429,584 Income tax (benefit) expense - ( 764) 91,438 ( 121) 90,553 Income (loss) before equity in earnings of subsidiaries 247,160 ( 2,873) 349,211 ( 254,467) 339,031 Equity in undistributed earnings of subsidiaries 91,871 23,038 - ( 114,909) - Net income $ 339,031 $ 20,165 $ 349,211 $ ( 369,376) $ 339,031 Comprehensive income, net of tax $ 575,792 $ 59,517 $ 587,767 $ ( 647,284) $ 575,792 Condensed Consolidating Statement of Cash Flows Six months ended June 30, 2020 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 (loss) $ 161,930 $ ( 28,862) $ 174,152 $ ( 145,290) $ 161,930 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Equity in earnings of subsidiaries, net of dividends or distributions 410,406 26,458 - ( 436,864) - Provision for credit losses 137 - 252,043 - 252,180 Amortization of intangibles 49 - 4,220 - 4,269 Depreciation and amortization of premises and equipment 483 - 28,418 - 28,901 Net accretion of discounts and amortization of premiums and deferred fees 617 13 ( 42,717) - ( 42,087) Share-based compensation 5,514 - 1,650 - 7,164 Fair value adjustments on mortgage servicing rights - - 12,869 - 12,869 Adjustment to indemnity reserves on loans sold - - 5,953 - 5,953 Earnings from investments under the equity method, net of dividends or distributions ( 5,396) - ( 1,029) - ( 6,425) Deferred income tax benefit - ( 639) ( 7,040) ( 145) ( 7,824) Gain on: Disposition of premises and equipment and other productive assets - - ( 7,939) - ( 7,939) Proceeds from insurance claims - - ( 366) - ( 366) Sale of loans, including valuation adjustments on loans held for sale and mortgage banking activities - - ( 12,652) - ( 12,652) Sale of foreclosed assets, including write-downs - - ( 5,754) - ( 5,754) Acquisitions of loans held-for-sale - - ( 82,812) - ( 82,812) Proceeds from sale of loans held-for-sale - - 24,897 - 24,897 Net originations on loans held-for-sale - - ( 100,408) - ( 100,408) Net decrease (increase) in: Trading debt securities - - 176,054 - 176,054 Equity securities ( 2,169) - ( 1,562) - ( 3,731) Accrued income receivable 212 32 ( 54,896) ( 221) ( 54,873) Other assets ( 12,109) 44 29,417 13,161 30,513 Net (decrease) increase in: Interest payable - - ( 3,643) 221 ( 3,422) Pension and other postretirement benefits obligations - - 2,771 - 2,771 Other liabilities ( 417) 4 ( 58,482) ( 12,789) ( 71,684) Total adjustments 397,327 25,912 158,992 ( 436,637) 145,594 Net cash provided by (used in) operating activities 559,257 ( 2,950) 333,144 ( 581,927) 307,524 Cash flows from investing activities: Net decrease (increase) in money market investments 44,000 2,950 ( 6,362,958) ( 46,950) ( 6,362,958) Purchases of investment securities: Available-for-sale - - ( 10,313,044) - ( 10,313,044) Equity - - ( 20,211) ( 71) ( 20,282) Proceeds from calls, paydowns, maturities and redemptions of investment securities: Available-for-sale - - 8,106,422 - 8,106,422 Held-to-maturity - - 3,102 - 3,102 Proceeds from sale of investment securities: Equity - - 17,424 - 17,424 Net repayments (disbursements) on loans 290 - ( 1,160,022) - ( 1,159,732) Proceeds from sale of loans - - 26,070 - 26,070 Acquisition of loan portfolios - - ( 123,738) - ( 123,738) Return of capital from equity method investments 131 - - - 131 Payments to acquire equity method investments - - ( 440) - ( 440) Capital contribution to subsidiary ( 5,000) - - 5,000 - Acquisition of premises and equipment ( 1,949) - ( 22,108) - ( 24,057) Proceeds from insurance claims - - 366 - 366 Proceeds from sale of: Premises and equipment and other productive assets 172 - 14,542 - 14,714 Foreclosed assets - - 32,805 - 32,805 Net cash provided by (used in) investing activities 37,644 2,950 ( 9,801,790) ( 42,021) ( 9,803,217) Cash flows from financing activities: Net increase (decrease) in: Deposits - - 10,054,979 35,354 10,090,333 Assets sold under agreements to repurchase - - ( 40,313) - ( 40,313) Payments of notes payable - - ( 66,989) - ( 66,989) Principal payments of finance leases - - ( 1,047) - ( 1,047) Proceeds from issuance of notes payable - - 151,009 - 151,009 Proceeds from issuance of common stock 11,978 - ( 5,393) - 6,585 Payments for repurchase of reedemable preferred stock ( 28,017) - - - ( 28,017) Dividends paid to parent company - - ( 582,000) 582,000 - Dividends paid ( 65,584) - - - ( 65,584) Net payments for repurchase of common stock ( 500,466) - 186 ( 2) ( 500,282) Capital contribution from parent - - 5,000 ( 5,000) - Payments related to tax withholding for share-based compensation ( 3,144) - ( 56) - ( 3,200) Net cash (used in) provided by financing activities ( 585,233) - 9,515,376 612,352 9,542,495 Net increase in cash and due from banks, and restricted cash 11,668 - 46,730 ( 11,596) 46,802 Cash and due from banks, and restricted cash at beginning of period 56,554 - 393,777 ( 56,008) 394,323 Cash and due from banks, and restricted cash at end of period $ 68,222 $ - $ 440,507 $ ( 67,604) $ 441,125 Condensed Consolidating Statement of Cash Flows Six months ended June 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 $ 339,031 $ 20,165 $ 349,211 $ ( 369,376) $ 339,031 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Equity in earnings of subsidiaries, net of dividends or distributions ( 91,871) ( 23,038) - 114,909 - Provision for credit losses 259 - 81,757 - 82,016 Amortization of intangibles 49 - 4,634 - 4,683 Depreciation and amortization of premises and equipment 373 - 28,351 - 28,724 Net accretion of discounts and amortization of premiums and deferred fees 624 13 ( 82,690) - ( 82,053) Share-based compensation 6,925 - 3,483 - 10,408 Fair value adjustments on mortgage servicing rights - - 21,011 - 21,011 Adjustments to indemnity reserves on loans sold - - ( 1,747) - ( 1,747) Earnings from investments under the equity method, net of dividends or distributions ( 7,640) 634 ( 251) - ( 7,257) Deferred income tax (benefit) expense - ( 764) 75,968 ( 121) 75,083 Loss (gain) on: Disposition of premises and equipment and other productive assets 39 - ( 4,180) - ( 4,141) Sale of loans, including valuation adjustments on loans held for sale and mortgage banking activities - - ( 5,939) - ( 5,939) Sale of foreclosed assets, including write-downs - - ( 9,826) - ( 9,826) Acquisitions of loans held-for-sale - - ( 103,233) - ( 103,233) Proceeds from sale of loans held-for-sale - - 31,063 - 31,063 Net originations on loans held-for-sale - - ( 125,707) - ( 125,707) Net decrease (increase) in: Trading debt securities - - 215,569 - 215,569 Equity securities ( 2,960) - ( 2,951) - ( 5,911) Accrued income receivable ( 45) - ( 4,764) ( 55) ( 4,864) Other assets 81 42 ( 11,425) 7,739 ( 3,563) Net increase (decrease) in: Interest payable - - 858 55 913 Pension and other postretirement benefits obligations - - 10,399 - 10,399 Other liabilities ( 4,883) ( 95) ( 112,867) ( 7,472) ( 125,317) Total adjustments ( 99,049) ( 23,208) 7,513 115,055 311 Net cash provided by (used in) operating activities 239,982 ( 3,043) 356,724 ( 254,321) 339,342 Cash flows from investing activities: Net decrease in money market investments 75,000 3,043 997,694 ( 78,043) 997,694 Purchases of investment securities: Available-for-sale - - ( 9,684,912) - ( 9,684,912) Equity - - ( 12,747) 41 ( 12,706) Proceeds from calls, paydowns, maturities and redemptions of investment securities: Available-for-sale - - 6,789,265 - 6,789,265 Held-to-maturity - - 2,980 - 2,980 Proceeds from sale of investment securities: Equity - - 6,047 - 6,047 Net repayments (disbursements) on loans 394 - ( 324,461) - ( 324,067) Proceeds from sale of loans - - 29,943 - 29,943 Acquisition of loan portfolios - - ( 312,752) - ( 312,752) Payments to acquire other intangible - - ( 793) - ( 793) Return of capital from equity method investments - - 1,397 - 1,397 Acquisition of premises and equipment ( 671) - ( 37,255) - ( 37,926) Proceeds from sale of: Premises and equipment and other productive assets 3 - 14,812 - 14,815 Foreclosed assets - - 59,304 - 59,304 Net cash provided by (used in) investing activities 74,726 3,043 ( 2,471,478) ( 78,002) ( 2,471,711) Cash flows from financing activities: Net increase (decrease) in: Deposits - - 2,281,355 67,140 2,348,495 Assets sold under agreements to repurchase - - ( 48,439) - ( 48,439) Other short-term borrowings - - 159,959 - 159,959 Payments of notes payable - - ( 99,758) - ( 99,758) Principal payments of finance leases - - ( 837) - ( 837) Proceeds from issuance of notes payable - - 75,000 - 75,000 Proceeds from issuance of common stock 6,121 - ( 1,471) - 4,650 Dividends paid to parent company - - ( 254,300) 254,300 - Dividends paid ( 55,631) - - - ( 55,631) Net payments for repurchase of common stock ( 250,393) - 3 ( 20) ( 250,410) Payments related to tax withholding for share-based compensation ( 4,077) - ( 152) - ( 4,229) Net cash (used in) provided by financing activities ( 303,980) - 2,111,360 321,420 2,128,800 Net decrease in cash and due from banks, and restricted cash 10,728 - ( 3,394) ( 10,903) ( 3,569) 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 $ 79,006 $ - $ 399,601 $ ( 78,925) $ 399,682

Basis of presentation (Policies

Basis of presentation (Policies)	6 Months Ended
	Jun. 30, 2020
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, 2019 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, 2019, included in the Corporation’s 2019 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.

New Accounting Pronouncements (

New Accounting Pronouncements (Policies)	6 Months Ended
	Jun. 30, 2020
Accounting Policies
New accounting pronouncements policies	Recently Adopted Accounting Standards Updates Standard Description Date of adoption Effect on the financial statements FASB ASU 2020-03, Codification Improvements to Financial Instruments The FASB issued ASU 2020-03 in March 2020, which, among other things, provides clarification on issues related to the term that should be used to measure expected credit losses of net investments in leases and that an allowance for credit losses should be recorded once control of financial assets has been regained. January 1, 2020 The Corporation was not impacted by the adoption of ASU 2020-03 during the first quarter of 2020. FASB ASU 2019-08, Compensation – Stock Compensation (Topic 718) and Revenue from Contracts with Customers (Topic 606): Codification Improvements – Share-Based Consideration Payable to a Customer The FASB issued ASU 2019-08 in November 2019, which requires that an entity measure and classify share-based payment awards granted to a customer in accordance with Topic 718. Therefore, the grant-date fair value of the share-based payment awards will be the basis for the reduction of the transaction price. January 1, 2020 The Corporation was not impacted by the adoption of ASU 2019-08 during the first quarter of 2020 since it does not grant shared-based payments awards to its customers. Standard Description Date of adoption Effect on the financial statements FASB ASU 2018-18, Collaborative Arrangements (Topic 808): Clarifying the Interaction between Topic 808 and Topic 606 The FASB issued ASU 2018-18 in November 2018 which, among other things, provides guidance on how to assess whether certain collaborative arrangement transactions should be accounted for under Topic 606. January 1, 2020 The Corporation was not impacted by the adoption of ASU 2018-18 during the first quarter of 2020 since it does not have collaborative arrangements. FASB ASU 2018-17, Consolidation (Topic 810): Targeted Improvements to Related Party Guidance for Variable Interest Entities The FASB issued ASU 2018-17 in October 2018, which requires entities to consider indirect interests held through related parties under common control on a proportional basis rather than as the equivalent of a direct interest in its entirety when determining whether a decision-making fee is a variable interest. January 1, 2020 The Corporation was not impacted by the adoption of ASU 2018-17 during the first quarter of 2020. FASB ASU 2018-15, Intangibles – Goodwill and Other – Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract The FASB issued ASU 2018-15 in August 2018 which, among other things, aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software, and clarifies the term over which such capitalized implementation costs should be amortized. January 1, 2020 The Corporation adopted ASU 2018-15 during the first quarter of 2020 and was not significantly impacted, since it applied the existing guidance and capitalized implementation costs of cloud computing arrangements. Capitalized implementation costs of cloud computing arrangements are presented as part of “Other assets”. Refer to amended disclosures on Note 13, Other assets. Standard Description Date of adoption Effect on the financial statements FASB ASU 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Accounting for Goodwill Impairment The FASB issued ASU 2017-04 in January 2017, which simplifies the accounting for goodwill impairment by removing Step 2 of the two-step goodwill impairment test under the current guidance. Goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. Entities will be required to disclose the amount of goodwill at reporting units with zero or negative carrying amounts. January 1, 2020 The Corporation adopted ASU 2017-04 during the first quarter of 2020 and, as such, considered this guidance when performing the interim impairment tests during 2020. Refer to Note 14, Goodwill and other intangible assets, for additional information. FASB ASU 2017-03, Accounting Changes and Error Corrections (Topic 250) and Investments-Equity Method and Joint Ventures (Topic 323): Amendments to SEC Paragraphs Pursuant to Staff Announcements at the September 22, 2016 and November 17, 2016 EITF Meetings (SEC Update) The FASB issued ASU 2017-03 in January 2017, which incorporates into the Accounting Standards Codification recent SEC guidance about certain investments in qualified affordable housing and disclosing under SEC SAB Topic 11.M the effect on financial statements of adopting the revenue, leases and credit losses standards. January 1, 2020 The Corporation has considered the guidance in this Update in its disclosures on the effect in its consolidated financial statements of adoption of the new Credit Loss Standard, discussed below. FASB ASUs Financial Instruments – Credit Losses (Topic 326) Since June 2016, the FASB has issued a series of ASUs mainly related to 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 measured at amortized cost that are subject to credit losses and certain off-balance sheet exposures. CECL establishes a forw ard-looking methodology that reflects the expected credit losses over the lives of financial assets, starting when such assets are first acquired. Under the revised methodology, credit losses will be measured based on past events, current conditions and reasonable and supportable forecasts that affect the collectability of financial assets. CECL also revises the approach to recognizing credit losses for available-for-sale securities by replacing the direct write-down approach with the allowance approach and limiting the allowance to the amount at which the security’s fair value is less than the amortized cost. In addition, CECL provides that the initial allowance for credit losses on purchased credit deteriorated (“PCD”) financial assets will be recorded as an increase to the purchase price, with subsequent changes to the allowance recorded as a credit loss expense. The amendments to Topic 326 include the areas of accrued interest receivable, transfers of loans and debt securities between classifications and the inclusion of expected recoveries in the allowance for credit losses including PCD assets. The standards also expand credit quality disclosures. These accounting standards updates were effective on January 1, 2020. The Corporation adopted the new CECL accounting standard effective on January 1, 2020. As a result of the adoption, the Corporation recorded an increase in its allowance for credit losses related to its loan portfolio of $ 315 million, and a decrease of $ 9 million in the allowance for credit losses for unfunded commitments and credit recourse guarantees which is recorded in Other Liabilities. The Corporation also recognized an allowance for credit losses of approximately $ 13 million related to its held-to-maturity debt securities portfolio. The adoption of CECL was recognized under the modified retrospective approach. Therefore, the adjustments to record the increase in the allowance for credit losses was recorded as a decrease to the opening balance of retained earnings of the year of implementation, net of income taxes, except for approximately $ 17 million related to loans previously accounted under ASC Subtopic 310-30, which resulted in a reclassification between certain contra loan balance accounts to the allowance for credit losses. The total impact to retained earnings, net of tax, related to the adoption of CECL was of $ 205.8 million. As part of the adoption of CECL, the Corporation has made the election to break the existing pools of purchased credit impaired (“PCI”) loans previously accounted for under the ASC Subtopic 310-30 guidance. These loans are now accounted for on an individual loan basis under the PCD accounting methodology under CECL. Following the applicable accounting guidance, PCI loans were previously excluded from non-performing status. Upon transition to the individual loan measurement, these loans are no longer excluded from non-performing status, resulting in an increase of $ 278 million in NPLs at January 1, 2020. This increase includes $ 144 million in loans currently over 90 days past due and $ 134 million in loans that are not delinquent in their payment terms but are reported as non-performing due to other credit quality considerations. The Corporation will avail itself of the option to phase in over a period of three years, beginning on January 1, 2022, the day-one effects on regulatory capital arising from the adoption of CECL. The Corporation was also impacted by the additional disclosures required by CECL. The CECL accounting standard also requires additional disclosures related to delinquencies, collateral types and other credit metrics for loans and investments. Refer to Note 7, Debt securities held- to- maturity, Note 8 -Loans and Note 9- Allowance for credit losses - loans held-in-portfolio for additional disclosures provided in compliance with the new CECL standard. Accounting Standards Updates Not Yet Adopted Standard Description Date of adoption Effect on the financial statements FASB ASU 2020-06, Debt – Debt with Conversion and other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity The FASB issued ASU 2020-06 in August 2020 which, among other things, simplifies the accounting for convertible instruments and contracts in an entity’s own equity and amends the diluted EPS computation for these instruments. January 1, 2022 Upon adoption of this standard, the Corporation will consider these amendments in its evaluation of contracts in its own equity, including accelerated share repurchase transactions. FASB ASU 2020-04, Reference Rate Reform (Topic 848) The FASB issued ASU 2020-04 in March 2020, which provides accounting relief from the future impact of the cessation of LIBOR by, among other things, providing optional expedients to treat contract modifications resulting from such reference rate reform as a continuation of the existing contract and for hedging relationships to not be de-designated resulting from such changes provided certain criteria are met. December 31, 2022 The Corporation is currently in the process of identifying its LIBOR-based contracts that will be impacted by the cessation of LIBOR, incorporating fallback language in negotiated contracts and incorporating non-LIBOR reference rate and/or fallback language in new contracts to prepare for these changes. Notwithstanding these efforts, the Corporation expects to utilize the optional expedients provided by ASU 2020-04 for contracts left unmodified. For other recently issued Accounting Standards Updates not yet effective, refer to Note 3 to the Consolidated Financial Statements included in the 2019 Form 10-K.

Summary of significant accoun_2

Summary of significant accounting policies (Policies)	6 Months Ended
	Jun. 30, 2020
Accounting Policies
Investments securities	Investment securities Debt securities that the Corporation has the intent and ability to hold to maturity are classified as debt securities held-to-maturity and reported at amortized cost. An ACL is established for the expected credit losses over the remaining term of debt securities-held-to-maturity. The Corporation has established a methodology to estimate credit losses which considers qualitative factors, including internal credit ratings and the underlying source of repayment in determining the amount of expected credit losses. Debt securities held-to-maturity are written-off through the ACL when a portion or the entire amount is deemed uncollectible, based on the information considered to develop expected credit losses through the life of the asset. The ACL is estimated by leveraging the expected loss framework for mortgages in the case of securities collateralized by 2 nd Debt securities classified as available-for-sale are reported at fair value. Declines in fair value below the securities’ amortized cost which are not related to estimated credit losses are recorded through other comprehensive income or loss, net of taxes. If the Corporation intends to sell or believes it is more likely than not that it will be required to sell the debt security, it is written down to fair value through earnings. Credit losses relating to available-for-sale debt securities should be recorded through an ACL, which will be limited to the difference between the amortized cost and the fair value of the asset. The ACL should be established for the expected credit losses over the remaining term of debt security. The Corporation’s portfolio of available-for-sale securities is comprised mainly of U.S. Treasury notes and obligations from the U.S. Government. These securities have an explicit or implicit guarantee from the U.S. government, are highly rated by major rating agencies, and have a long history of no credit losses. Accordingly, the Corporation applies a zero-credit loss assumption and no ACL has been established. The Corporation monitors its securities portfolio composition and credit performance on a quarterly basis to determine if any allowance is considered necessary. Debt securities available-for-sale are written-off when a portion or the entire amount is deemed uncollectible, based on the information considered to develop expected credit losses through the life of the asset.
Loans	Loans Purchased loans with no evidence of credit deterioration since origination are accounted at fair value upon acquisition. Credit discounts are included in the determination of fair value and are amortized over the remaining contractual term using the effective interest method. An ACL is recognized as a provision expense for expected losses over the remaining life of the loans.
Loans acquired with deteriorated credit quality	Loans acquired with deteriorated credit quality PCD loans are defined as those with evidence of a more-than-insignificant deterioration in a loan’s credit quality since origination. PCD loans are initially recorded at its purchase price plus an estimated ACL. Upon the acquisition of a PCD loan, the Corporation makes an estimate of the expected credit losses over the remaining contractual term of each individual loan. The estimated credit losses over the life of the loan is recorded as an allowance of credit losses with a corresponding addition to the loan purchase price. The amount of the purchase premium or discount which is not related to credit risk is amortized over the life of the loan through net interest income using the effective interest method or a method that approximates the effective interest method. Changes in expected credit losses are recorded as an increase or decrease to the ACL with a corresponding charge (reverse) to the provision for credit losses in the Consolidated Statement of Operations. Refer to Note 8 to the Consolidated Financial Statements for additional information with respect to loans acquired with deteriorated credit quality.
Allowance for credit losses - loans portfolio	Allowance for credit losses – loans portfolio The Corporation establishes an ACL for its loan portfolio based on its estimate of credit losses over the remaining contractual term of the loans, adjusted for expected prepayments. An ACL is recognized for all loans including originated and purchased loans, since inception, with a corresponding charge to the provision for loan losses, except for PCD loans for which the ACL at acquisition is recorded as an addition to the purchase price with subsequent changes recorded in earnings. The Corporation has established a methodology to estimate the ACL which includes a reasonable and supportable forecast period for estimating credit losses, considering quantitative and qualitative factors as well as the economic outlook. As part of this methodology management will evaluate various macroeconomic scenarios, provided by third parties, before selecting a forward-looking scenario for loss estimation. This evaluation may include benchmarking procedures as well as careful analysis of the underlying assumptions used to build the scenarios. The Corporation may process, from time to time, additional macroeconomic scenarios as part of its qualitative adjustment framework. The macroeconomic variables chosen to estimate credit losses were selected by combining quantitative procedures with expert judgment. These variables were determined to be the best predictors of expected credit losses within the Corporation’s loan portfolios and include drivers such as unemployment rate, different measures of employment levels, house prices, gross domestic product and measures of disposable income, amongst others. The loss estimation framework includes a reasonable and supportable period of 2 years for PR portfolios, gradually reverting, over a 1-year horizon, to historical macroeconomic variables at the model input level. For the US portfolio the reasonable and supportable period considers the contractual life of the asset, impacted by prepayments, except for the US CRE portfolio. The US CRE portfolio utilizes a 2-year reasonable and supportable period gradually reverting, over a 1-year horizon, to historical information at the output level. The Corporation developed loan level quantitative models distributed by geography and loan type. This segmentation was determined by evaluating their risk characteristics, which include default patterns, source of repayment, type of collateral, and lending channels, amongst others. The modeling framework includes competing risk models to generate lifetime defaults and prepayments, and other loan level modeling techniques to estimate loss severity. Recoveries on future losses are contemplated as part of the loss severity modeling. These parameters are estimated by combining internal risk factors with macroeconomic expectations. In order to generate the expected credit losses, the output of these models is combined with loan level repayment information. The internal risk factors contemplated within the models may include borrowers’ credit scores, loan-to-value, delinquency status, risk ratings, interest rate, loan term, loan age and type of collateral, amongst others. The ACL also includes a qualitative framework that addresses two main components: losses that are expected but not captured within the quantitative modeling framework, and model imprecision. In order to identify potential losses that are not captured through the models, management evaluated model limitations as well as the different risks covered by the variables used in each quantitative model. This assessment took into consideration factors listed as part of ASC 326-20-55-4. To complement the analysis, management also evaluated sectors that have low levels of historical defaults, but current conditions show the potential for future losses. This type of qualitative adjustment is more prevalent in the commercial portfolios. The model imprecision component of the qualitative adjustments is determined after evaluating model performance for these portfolios through different time periods. This type of qualitative adjustment mainly impacts consumer portfolios. The Corporation has designated loans classified as collateral dependent for which it applies the practical expedient to measure the ACL based on the fair value of the collateral less cost to sell, when the repayment is expected to be provided substantially by the sale or operation of the collateral and the borrower is experiencing financial difficulty. The fair value of the collateral is based on appraisals, which may be adjusted due to their age, and the type, location, and condition of the property or area or general market conditions to reflect the expected change in value between the effective date of the appraisal and the measurement date. In the case of troubled debt restructurings (“TDRs”), the established framework captures the impact of concessions through discounting modified contractual cash flows, both principal and interest, at the loan’s original effective rate. The impact of these concessions is combined with the expected credit losses generated by the quantitative loss models in order to arrive at the ACL. As a result, the ACL related to TDRs is impacted by the expected macroeconomic conditions. The Credit Cards portfolio, due to its revolving nature, does not have a specified maturity date. To estimate the average remaining term of this segment, management evaluated the portfolios payment behavior based on internal historical data. These payment behaviors were further classified into sub-categories that accounted for delinquency history and differences between transactors, revolvers and customers that have exhibited mixed transactor/revolver behavior. Transactors are defined as active accounts without any finance charge in the last 6 months. The paydown curves generated for each sub-category are applied to the outstanding exposure at the measurement date using the first-in first-out (FIFO) methodology. These amortization patterns are combined with loan level default and loss severity modeling to arrive at the ACL.
Accrued interest receivable	Accrued interest receivable The amortized basis for loans and investments in debt securities is presented exclusive of accrued interest receivable. The Corporation has elected not to establish an ACL for accrued interest receivable for loans and investments in debt securities, given the Corporation’s non-accrual policies, in which accrual of interest is discontinued and reversed based on the asset’s delinquency status. Refer to Note 2 to the Consolidated Financial Statements included in the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2019 for a description of the Corporation’s nonaccrual policies.
Reserve for unfunded commitments	Reserve for unfunded commitments The Corporation establishes a reserve for unfunded commitments, based on the estimated losses over the remaining term of the facility. An allowance is not established for commitments that are unconditionally cancellable by the Corporation. Accordingly, no reserve is established for unfunded commitments related to its credit cards portfolio. Reserve for the unfunded portion of credit commitments is presented separately within other liabilities in the Consolidated Statements of Financial Condition.
Gurantees, including indirect gurantees of indebtness of others	Guarantees, including indirect guarantees of indebtedness to others The estimated losses to be absorbed under the credit recourse arrangements are recorded as a liability when the loans are sold and are updated by accruing or reversing expense (categorized in the line item “Adjustments (expense) to indemnity reserves on loans sold” in the Consolidated Statements of Operations) throughout the life of the loan, as necessary, when additional relevant information becomes available. The recourse liability is estimated using loan level statistical techniques. Internal factors that are evaluated include customer credit scores, refreshed loan-to-values, loan age, and outstanding balance, amongst others. The methodology leverages the expected loss framework for mortgage loans and includes macroeconomic expectations based on a 2-year reasonable and supportable period, gradually reverting over a 1-year horizon to historical macroeconomic variables at the input level. Estimated future defaults, prepayments and loss severity are combined with loan level repayment information in order to estimate lifetime expected losses for this portfolio. The reserve for the estimated losses under the credit recourse arrangements is presented separately within other liabilities in the Consolidated Statements of Financial Condition.

Revenue from contracts with cus

Revenue from contracts with customers (Policies)	6 Months Ended
	Jun. 30, 2020
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)	6 Months Ended
	Jun. 30, 2020
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 2019 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.

Debt securities available-for_2

Debt securities available-for-sale (Tables)	6 Months Ended
	Jun. 30, 2020
Investments [Abstract]
Debt Securities, Available-For-Sale	At June 30, 2020 Gross Gross Weighted Amortized unrealized unrealized Fair average (In thousands) cost gains losses value yield U.S. Treasury securities Within 1 year $ 7,336,056 $ 14,335 $ 147 $ 7,350,244 0.47 % After 1 to 5 years 5,091,320 277,625 - 5,368,945 2.13 After 5 to 10 years 1,201,580 87,461 - 1,289,041 1.70 Total U.S. Treasury securities 13,628,956 379,421 147 14,008,230 1.20 Obligations of U.S. Government sponsored entities Within 1 year 60,654 485 - 61,139 1.52 After 1 to 5 years 90 - - 90 5.64 Total obligations of U.S. Government sponsored entities 60,744 485 - 61,229 1.53 Collateralized mortgage obligations - federal agencies Within 1 year 82 - - 82 1.64 After 1 to 5 years 590 4 - 594 2.23 After 5 to 10 years 74,444 1,127 - 75,571 1.62 After 10 years 426,048 12,078 144 437,982 2.04 Total collateralized mortgage obligations - federal agencies 501,164 13,209 144 514,229 1.97 Mortgage-backed securities Within 1 year 6 - - 6 2.29 After 1 to 5 years 54,804 1,879 9 56,674 2.57 After 5 to 10 years 403,728 14,866 17 418,577 1.75 After 10 years 5,547,035 158,578 1,388 5,704,225 2.33 Total mortgage-backed securities 6,005,573 175,323 1,414 6,179,482 2.30 Other After 1 to 5 years 272 11 - 283 3.62 Total other 272 11 - 283 3.62 Total debt securities available-for-sale [1] $ 20,196,709 $ 568,449 $ 1,705 $ 20,763,453 1.54 % [1] Includes $ 16.2 billion pledged to secure government 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 $ 14.6 billion serve as collateral for public funds. At December 31, 2019 Gross Gross Weighted Amortized unrealized unrealized Fair average (In thousands) cost gains losses value yield U.S. Treasury securities Within 1 year $ 5,071,201 $ 3,262 $ 567 $ 5,073,896 1.58 % After 1 to 5 years 5,137,804 75,597 3,435 5,209,966 2.19 After 5 to 10 years 1,778,568 429 6,604 1,772,393 1.70 Total U.S. Treasury securities 11,987,573 79,288 10,606 12,056,255 1.86 Obligations of U.S. Government sponsored entities Within 1 year 62,492 2 21 62,473 1.45 After 1 to 5 years 60,021 - 90 59,931 1.48 Total obligations of U.S. Government sponsored entities 122,513 2 111 122,404 1.47 Obligations of Puerto Rico, States and political subdivisions Within 1 year 6,975 - - 6,975 - Total obligations of Puerto Rico, States and political subdivisions 6,975 - - 6,975 - Collateralized mortgage obligations - federal agencies Within 1 year 236 - - 236 1.83 After 1 to 5 years 350 1 - 351 2.16 After 5 to 10 years 85,079 31 1,180 83,930 1.63 After 10 years 504,391 3,640 6,373 501,658 2.08 Total collateralized mortgage obligations - federal agencies 590,056 3,672 7,553 586,175 2.02 Mortgage-backed securities Within 1 year 16 - - 16 2.13 After 1 to 5 years 36,717 852 1 37,568 3.38 After 5 to 10 years 350,373 1,958 1,303 351,028 2.02 After 10 years 4,447,561 60,384 20,243 4,487,702 2.60 Total mortgage-backed securities 4,834,667 63,194 21,547 4,876,314 2.57 Other After 1 to 5 years 341 9 - 350 3.62 Total other 341 9 - 350 3.62 Total debt securities available-for-sale [1] $ 17,542,125 $ 146,165 $ 39,817 $ 17,648,473 2.05 % [1] Includes $ 12.2 billion pledged to secure government 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 $ 10.9 billion serve as collateral for public funds.
Debt Securities Available For Sale Unrealized Loss Position Fair Value	At June 30, 2020 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 $ 4,998,912 $ 147 $ - $ - $ 4,998,912 $ 147 Collateralized mortgage obligations - federal agencies 5,546 82 16,314 62 21,860 144 Mortgage-backed securities 190,994 827 78,964 587 269,958 1,414 Total debt securities available-for-sale in an unrealized loss position $ 5,195,452 $ 1,056 $ 95,278 $ 649 $ 5,290,730 $ 1,705 At December 31, 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 $ 2,439,114 $ 9,798 $ 452,784 $ 808 $ 2,891,898 $ 10,606 Obligations of U.S. Government sponsored entities 9,973 4 99,846 107 109,819 111 Collateralized mortgage obligations - federal agencies 114,603 537 310,315 7,016 424,918 7,553 Mortgage-backed securities 179,312 693 1,784,414 20,854 1,963,726 21,547 Total debt securities available-for-sale in an unrealized loss position $ 2,743,002 $ 11,032 $ 2,647,359 $ 28,785 $ 5,390,361 $ 39,817
Schedule Of Securities Aggregate Amortized Cost Exceed 10 Of Stockholders Equity	June 30, 2020 December 31, 2019 (In thousands) Amortized cost Fair value Amortized cost Fair value FNMA $ 2,712,676 $ 2,812,828 $ 3,113,373 $ 3,129,538 Freddie Mac 1,633,940 1,691,433 1,623,116 1,638,796

Debt securities held-to-matur_2

Debt securities held-to-maturity (Tables)	6 Months Ended
	Jun. 30, 2020
Investments [Abstract]
Debt Securities, Held-to-maturity	At June 30, 2020 Allowance Gross Gross Weighted Amortized for Credit Net of unrealized unrealized Fair average (In thousands) cost Losses Allowance gains losses value yield Obligations of Puerto Rico, States and political subdivisions Within 1 year $ 3,920 $ 167 $ 3,753 $ - $ 84 $ 3,669 6.05 % After 1 to 5 years 16,390 1,586 14,804 - 61 14,743 6.13 After 5 to 10 years 16,660 1,354 15,306 - 939 14,367 2.81 After 10 years 46,358 9,628 36,730 4,265 2,221 38,774 1.63 Total obligations of Puerto Rico, States and political subdivisions 83,328 12,735 70,593 4,265 3,305 71,553 2.96 Collateralized mortgage obligations - federal agencies After 1 to 5 years 40 - 40 2 - 42 6.44 Total collateralized mortgage obligations - federal agencies 40 - 40 2 - 42 6.44 Securities in wholly owned statutory business trusts After 10 years 11,561 - 11,561 - - 11,561 6.51 Total securities in wholly owned statutory business trusts 11,561 - 11,561 - - 11,561 6.51 Other Within 1 year 500 - 500 - - 500 2.97 Total other 500 - 500 - - 500 2.97 Total debt securities held-to-maturity $ 95,429 $ 12,735 $ 82,694 $ 4,267 $ 3,305 $ 83,656 3.39 % At December 31, 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 $ - $ 11 $ 3,734 6.01 % After 1 to 5 years 17,580 - 320 17,260 6.11 After 5 to 10 years 18,195 - 1,607 16,588 3.11 After 10 years 46,036 9,384 - 55,420 1.67 Total obligations of Puerto Rico, States and political subdivisions 85,556 9,384 1,938 93,002 3.08 Collateralized mortgage obligations - federal agencies After 1 to 5 years 45 2 - 47 6.44 Total collateralized mortgage obligations - federal agencies 45 2 - 47 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 Within 1 year 500 - - 500 2.97 Total other 500 - - 500 2.97 Total debt securities held-to-maturity $ 97,662 $ 9,386 $ 1,938 $ 105,110 3.49 %
Debt Securities Held To Maturity Unrealized Loss Position Fair Value	At December 31, 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 $ 17,544 $ 291 $ 12,673 $ 1,647 $ 30,217 $ 1,938 Total debt securities held-to-maturity in an unrealized loss position $ 17,544 $ 291 $ 12,673 $ 1,647 $ 30,217 $ 1,938
Debt securities held to maturity credit quality indicator	June 30, 2020 (In thousands) Securities issued by Puerto Rico Municipalities Watch $ 22,230 Special Mention 15,395 Ending Balance $ 37,625
Debt securities held to maturity allowance for credit loss	Allowance for credit losses on debt securities held-to-maturity The following table provides the activity in the allowance for credit losses related to debt securities held-to-maturity by security type for the period ended June 30, 2020. For the quarter ended June 30, 2020 (In thousands) Obligations of Puerto Rico, States and political subdivisions Allowance for credit losses: Beginning balance $ 13,390 Provision for credit loss expense (reversal of provision) ( 655) Securities charged-off - Recoveries - Ending Balance $ 12,735 For the six months ended June 30, 2020 (In thousands) Obligations of Puerto Rico, States and political subdivisions Allowance for credit losses: Beginning balance, January 1, 2020 $ - Impact of adopting CECL 12,654 Provision for credit loss expense (reversal of provision) 81 Securities charged-off - Recoveries - Ending Balance $ 12,735

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2020
Accounts, Notes, Loans and Financing Receivable
Purchased Financial Assets With Credit Deterioration	Purchased Credit Deteriorated Loans (PCD) The Corporation has purchased loans during the quarter and six months ended, for which there was, at acquisition, evidence of more than insignificant deterioration of credit quality since origination. The carrying amount of those loans is as follows: (In thousands) For the quarter ended June 30, 2020 For the six months ended June 30, 2020 Purchase price of loans at acquisition $ 1,627 $ 4,739 Allowance for credit losses at acquisition 567 996 Non-credit discount/premium at acquisition 74 212 Par value of acquired loans at acquisition $ 2,268 $ 5,947
ASC Subtopic 310-30
Accounts, Notes, Loans and Financing Receivable
Disclosure of carrying amount of loans acquired	Carrying amount (In thousands) December 31, 2019 Commercial real estate $ 670,566 Commercial and industrial 104,756 Mortgage 856,618 Consumer 11,778 Carrying amount 1,643,718 Allowance for loan losses ( 74,039) Carrying amount, net of allowance $ 1,569,679
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period	Changes in the carrying amount and the accretable yield for the loans accounted pursuant to the ASC Subtopic 310-30, for the quarter and six months ended June 30, 2019, were as follows: Carrying amount of acquired loans accounted for pursuant to ASC 310-30 (In thousands) For the quarter ended June 30, 2019 For the six months ended June 30, 2019 Beginning balance $ 1,831,257 $ 1,883,556 Additions 10,528 15,748 Accretion 38,177 75,581 Collections / loan sales / charge-offs ( 90,725) ( 185,648) Ending balance [1] $ 1,789,237 $ 1,789,237 Allowance for loan losses ( 120,818) ( 120,818) Ending balance, net of ALLL $ 1,668,419 $ 1,668,419 [1] At June 30, 2019, includes $ 1.3 billion of loans considered non-credit impaired at the acquisition date.
Accretable Yield For Acquired Loans	Activity in the accretable yield of acquired loans accounted for pursuant to ASC 310-30 (In thousands) For the quarter ended June 30, 2019 For the six months ended June 30, 2019 Beginning balance $ 1,068,167 $ 1,092,504 Additions 8,976 11,866 Accretion ( 38,177) ( 75,581) Change in expected cash flows 3,441 13,618 Ending balance [1] $ 1,042,407 $ 1,042,407 [1] At June 30, 2019, includes $ 0.7 billion of loans considered non-credit impaired at the acquisition date.
Loans Held in Portfolio
Accounts, Notes, Loans and Financing Receivable
Past due financing receivables	June 30, 2020 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 [1] past due Current Loans HIP loans loans Commercial multi-family $ 1,641 $ 2,524 $ 1,368 $ 5,533 $ 142,630 $ 148,163 $ 1,368 $ - Commercial real estate: Non-owner occupied 24,091 4,120 108,671 136,882 1,940,018 2,076,900 108,671 - Owner occupied 19,439 5,471 101,112 126,022 1,554,153 1,680,175 101,112 - Commercial and industrial 5,422 15,404 43,892 64,718 4,382,221 4,446,939 42,739 1,153 Construction - - - - 176,612 176,612 - - Mortgage 279,498 123,158 1,256,359 1,659,015 4,751,803 6,410,818 397,262 859,097 [2] Leasing 11,386 10,355 4,751 26,492 1,071,696 1,098,188 4,751 - Consumer: Credit cards 9,128 15,424 17,849 42,401 934,981 977,382 - 17,849 Home equity lines of credit 14 262 6 282 4,284 4,566 - 6 Personal 20,485 13,730 34,834 69,049 1,300,646 1,369,695 34,834 - Auto 64,977 29,813 22,111 116,901 2,787,423 2,904,324 22,111 - Other 700 344 14,426 15,470 114,971 130,441 13,755 671 Total $ 436,781 $ 220,605 $ 1,605,379 $ 2,262,765 $ 19,161,438 $ 21,424,203 $ 726,603 $ 878,776 [1] Loans included as 90 days or more past due include loans that that are not delinquent in their payment terms but that are reported as non-performing due to other credit quality considerations. As part of the adoption of CECL, at January 1, 2020, the Corporation reclassified to this category $ 134 million of acquired loans with credit deterioration that were previously accounted for under ASC 310-30 and were excluded from non-performing status. In addition, as part of the CECL transition, an additional $ 125 million of loans that were 90 days or more past due previously accounted for under ASC 310-30 and excluded from non-performing status are now included as non-performing. [2] 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. These include loans rebooked, which were previously pooled into GNMA securities amounting to $ 522 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 in our serviced GNMA portfolio benefit from payment forbearance programs but continue to reflect the contractual delinquency until the borrower repays deferred payments or completes a payment deferral modification or other borrower assistance alternative. June 30, 2020 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 Commercial multi-family $ - $ 366 $ 2,097 $ 2,463 $ 1,637,996 $ 1,640,459 $ 2,097 $ - Commercial real estate: Non-owner occupied 1,692 5,136 397 7,225 1,945,365 1,952,590 397 - Owner occupied 1,010 - 352 1,362 345,412 346,774 352 - Commercial and industrial 4,441 6,061 4,392 14,894 1,428,188 1,443,082 4,392 - Construction 23,209 9,600 - 32,809 719,086 751,895 - - Mortgage 2,532 4,477 14,144 21,153 1,089,824 1,110,977 14,144 - Legacy 29 83 2,001 2,113 14,887 17,000 2,001 - Consumer: Credit cards - - - - 26 26 - - Home equity lines of credit 1,715 655 8,242 10,612 100,095 110,707 8,242 - Personal 1,638 1,524 1,976 5,138 266,330 271,468 1,976 - Other - - - - 1,372 1,372 - - Total $ 36,266 $ 27,902 $ 33,601 $ 97,769 $ 7,548,581 $ 7,646,350 $ 33,601 $ - June 30, 2020 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 [3] past due Current Loans HIP [4] [5] loans loans Commercial multi-family $ 1,641 $ 2,890 $ 3,465 $ 7,996 $ 1,780,626 $ 1,788,622 $ 3,465 $ - Commercial real estate: Non-owner occupied 25,783 9,256 109,068 144,107 3,885,383 4,029,490 109,068 - Owner occupied 20,449 5,471 101,464 127,384 1,899,565 2,026,949 101,464 - Commercial and industrial 9,863 21,465 48,284 79,612 5,810,409 5,890,021 47,131 1,153 Construction 23,209 9,600 - 32,809 895,698 928,507 - - Mortgage [1] 282,030 127,635 1,270,503 1,680,168 5,841,627 7,521,795 411,406 859,097 [6] Leasing 11,386 10,355 4,751 26,492 1,071,696 1,098,188 4,751 - Legacy [2] 29 83 2,001 2,113 14,887 17,000 2,001 - Consumer: Credit cards 9,128 15,424 17,849 42,401 935,007 977,408 - 17,849 Home equity lines of credit 1,729 917 8,248 10,894 104,379 115,273 8,242 6 Personal 22,123 15,254 36,810 74,187 1,566,976 1,641,163 36,810 - Auto 64,977 29,813 22,111 116,901 2,787,423 2,904,324 22,111 - Other 700 344 14,426 15,470 116,343 131,813 13,755 671 Total $ 473,047 $ 248,507 $ 1,638,980 $ 2,360,534 $ 26,710,019 $ 29,070,553 $ 760,204 $ 878,776 [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 included as 90 days or more past due include loans that that are not delinquent in their payment terms but that are reported as non-performing due to other credit quality considerations. As part of the adoption of CECL, at January 1, 2020, the Corporation reclassified to this category $ 134 million of acquired loans with credit deterioration that were previously accounted for under ASC 310-30 and were excluded from non-performing status. In addition, as part of the CECL transition, an additional $ 144 million of loans that were 90 days or more past due previously accounted for under ASC 310-30 and excluded from non-performing status are now included as non-performing. [4] Loans held-in-portfolio are net of $ 180 million in unearned income and exclude $ 69 million in loans held-for-sale. [5] Includes $ 7.1 billion pledged to secure credit facilities and public funds that the secured parties are not permitted to sell or repledge the collateral, of which $ 4.5 billion were pledged at the Federal Home Loan Bank ("FHLB") as collateral for borrowings and $ 2.6 billion at the Federal Reserve Bank ("FRB") for discount window borrowings. [6] 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. These include loans rebooked, which were previously pooled into GNMA securities amounting to $ 522 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 in our serviced GNMA portfolio benefit from payment forbearance programs but continue to reflect the contractual delinquency until the borrower repays deferred payments or completes a payment deferral modification or other borrower assistance alternative. December 31, 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 $ 2,941 $ 129 $ 1,512 $ 4,582 $ 143,267 $ 147,849 $ 1,473 $ - Commercial real estate: Non-owner occupied 10,439 5,244 43,664 59,347 2,048,871 2,108,218 39,968 - Owner occupied 5,704 3,978 84,537 94,219 1,492,110 1,586,329 69,276 - Commercial and industrial 8,780 1,646 37,156 47,582 3,371,152 3,418,734 36,538 544 Construction 1,555 - 119 1,674 135,796 137,470 119 - Mortgage 285,006 146,197 837,651 1,268,854 4,897,894 6,166,748 283,708 439,662 Leasing 12,014 3,053 3,657 18,724 1,040,783 1,059,507 3,657 - Consumer: Credit cards 11,358 7,928 19,461 38,747 1,085,053 1,123,800 - 19,461 Home equity lines of credit - 85 - 85 4,953 5,038 - - Personal 13,481 9,352 20,296 43,129 1,325,021 1,368,150 19,529 61 Auto 81,169 23,182 31,148 135,499 2,782,023 2,917,522 31,148 - Other 358 1,418 14,189 15,965 124,902 140,867 13,784 405 Total $ 432,805 $ 202,212 $ 1,093,390 $ 1,728,407 $ 18,451,825 $ 20,180,232 $ 499,200 $ 460,133 [1] Loans HIP of $ 134 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 would accrete interest income over the remaining life of the loans using estimated cash flow analysis. December 31, 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 $ 9 $ - $ 2,097 $ 2,106 $ 1,645,204 $ 1,647,310 $ 2,097 $ - Commercial real estate: Non-owner occupied 1,047 - 281 1,328 1,868,968 1,870,296 281 - Owner occupied 1,750 - 251 2,001 337,134 339,135 251 - Commercial and industrial 454 128 19,945 20,527 1,174,353 1,194,880 876 - Construction - - 26 26 693,596 693,622 26 - Mortgage 15,474 4,024 11,091 30,589 986,195 1,016,784 11,091 - Legacy 49 8 1,999 2,056 20,049 22,105 1,999 - Consumer: Credit cards - - - - 36 36 - - Home equity lines of credit 404 267 9,954 10,625 106,718 117,343 9,954 - Personal 2,286 1,582 2,066 5,934 318,506 324,440 2,066 - Other 3 - - 3 687 690 - - Total $ 21,476 $ 6,009 $ 47,710 $ 75,195 $ 7,151,446 $ 7,226,641 $ 28,641 $ - [1] Loans HIP of $ 19 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 would accrete interest income over the remaining life of the loans using estimated cash flow analysis. December 31, 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 $ 2,950 $ 129 $ 3,609 $ 6,688 $ 1,788,471 $ 1,795,159 $ 3,570 $ - Commercial real estate: Non-owner occupied 11,486 5,244 43,945 60,675 3,917,839 3,978,514 40,249 - Owner occupied 7,454 3,978 84,788 96,220 1,829,244 1,925,464 69,527 - Commercial and industrial 9,234 1,774 57,101 68,109 4,545,505 4,613,614 37,414 544 Construction 1,555 - 145 1,700 829,392 831,092 145 - Mortgage [1] 300,480 150,221 848,742 1,299,443 5,884,089 7,183,532 294,799 439,662 Leasing 12,014 3,053 3,657 18,724 1,040,783 1,059,507 3,657 - Legacy [2] 49 8 1,999 2,056 20,049 22,105 1,999 - Consumer: Credit cards 11,358 7,928 19,461 38,747 1,085,089 1,123,836 - 19,461 Home equity lines of credit 404 352 9,954 10,710 111,671 122,381 9,954 - Personal 15,767 10,934 22,362 49,063 1,643,527 1,692,590 21,595 61 Auto 81,169 23,182 31,148 135,499 2,782,023 2,917,522 31,148 - Other 361 1,418 14,189 15,968 125,589 141,557 13,784 405 Total $ 454,281 $ 208,221 $ 1,141,100 $ 1,803,602 $ 25,603,271 $ 27,406,873 $ 527,841 $ 460,133 [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 $ 181 million in unearned income and exclude $ 59 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 FHLB as collateral for borrowings and $ 2.1 billion at the FRB for discount window borrowings. [5] Loans HIP of $ 153 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 would accrete interest income over the remaining life of the loans using estimated cash flow analysis.
Collateral dependent financial assets	June 30, 2020 (In thousands) Real Estate Auto Equipment Taxi Medallions Accounts Receivables Other Total Puerto Rico Commercial real estate: Non-owner occupied $ 295,441 $ - $ - $ - $ - $ - $ 295,441 Owner occupied 60,594 - - - - - 60,594 Commercial and industrial 3,862 - - - 13,359 15,165 32,386 Mortgage 188,084 - - - - - 188,084 Leases - 31 - - - - 31 Consumer: Personal 5,776 - - - - - 5,776 Auto - 43 - - - - 43 Total Puerto Rico $ 553,757 $ 74 $ - $ - $ 13,359 $ 15,165 $ 582,355 Popular U.S. Commercial multi-family $ 2,097 $ - $ - $ - $ - $ - $ 2,097 Commercial and industrial - - - 3,747 - - 3,747 Mortgage 717 - - - - - 717 Total Popular U.S. $ 2,814 $ - $ - $ 3,747 $ - $ - $ 6,561 Popular, Inc. Commercial multi-family $ 2,097 $ - $ - $ - $ - $ - $ 2,097 Commercial real estate: Non-owner occupied 295,441 - - - - - 295,441 Owner occupied 60,594 - - - - - 60,594 Commercial and industrial 3,862 - - 3,747 13,359 15,165 36,133 Mortgage 188,801 - - - - - 188,801 Leases - 31 - - - - 31 Consumer: Personal 5,776 - - - - - 5,776 Auto - 43 - - - - 43 Total Popular, Inc. $ 556,571 $ 74 $ - $ 3,747 $ 13,359 $ 15,165 $ 588,916
Financing receivable non accrual status	June 30, 2020 Puerto Rico Popular U.S. Popular, Inc. (In thousands) Non-accrual with no allowance Non-accrual with allowance Interest income recognized Non-accrual with no allowance Non-accrual with allowance Interest income recognized Non-accrual with no allowance Non-accrual with allowance Interest income recognized Commercial multi-family $ - $ 1,368 $ - $ - $ 2,097 $ - $ - $ 3,465 $ - Commercial real estate non-owner occupied 40,648 68,023 232 - 397 - 40,648 68,420 232 Commercial real estate owner occupied 30,622 70,490 428 - 352 - 30,622 70,842 428 Commercial and industrial 25,403 17,336 196 3,746 646 - 29,149 17,982 196 Mortgage 143,201 254,061 1,218 615 13,529 8 143,816 267,590 1,226 Leasing 30 4,721 1 - - - 30 4,721 1 Legacy - - - - 2,001 - - 2,001 - Consumer: HELOCs - - - - 8,242 - - 8,242 - Personal 5,958 28,876 288 - 1,976 3 5,958 30,852 291 Auto 43 22,068 336 - - - 43 22,068 336 Other - 13,755 119 - - - - 13,755 119 Total $ 245,905 $ 480,698 $ 2,818 $ 4,361 $ 29,240 $ 11 $ 250,266 $ 509,938 $ 2,829

Allowance for credit losses (Ta

Allowance for credit losses (Tables)	6 Months Ended
	Jun. 30, 2020
Allowance for credit losses on financing receivables	For the quarter ended June 30, 2020 Puerto Rico (In thousands) Commercial Construction Mortgage Leasing Consumer Total Allowance for credit losses: Beginning balance $ 207,850 $ 419 $ 202,800 $ 12,589 $ 333,277 $ 756,935 Provision (reversal of provision) 8,174 ( 260) 3,437 3,894 45,178 60,423 Initial allowance for credit losses - PCD Loans - - 567 - - 567 Charge-offs ( 2,746) - ( 9,417) ( 3,949) ( 57,902) ( 74,014) Recoveries 1,649 195 1,863 559 7,605 11,871 Ending balance $ 214,927 $ 354 $ 199,250 $ 13,093 $ 328,158 $ 755,782 For the quarter ended June 30, 2020 Popular U.S. (In thousands) Commercial Construction Mortgage Legacy Consumer Total Allowance for credit losses: Beginning balance $ 97,198 $ 2,172 $ 24,287 $ 2,026 $ 37,098 $ 162,781 Provision (reversal of provision) 1,934 3,891 ( 1,319) 139 ( 1,964) 2,681 Charge-offs ( 386) - ( 7) ( 5) ( 4,873) ( 5,271) Recoveries 1,283 - 26 ( 108) 1,260 2,461 Ending balance $ 100,029 $ 6,063 $ 22,987 $ 2,052 $ 31,521 $ 162,652 For the quarter ended June 30, 2020 Popular, Inc. (In thousands) Commercial Construction Mortgage Legacy Leasing Consumer Total Allowance for credit losses: Beginning balance $ 305,048 $ 2,591 $ 227,087 $ 2,026 $ 12,589 $ 370,375 $ 919,716 Provision (reversal of provision) 10,108 3,631 2,118 139 3,894 43,214 63,104 Initial allowance for credit losses - PCD Loans - - 567 - - - 567 Charge-offs ( 3,132) - ( 9,424) ( 5) ( 3,949) ( 62,775) ( 79,285) Recoveries 2,932 195 1,889 ( 108) 559 8,865 14,332 Ending balance $ 314,956 $ 6,417 $ 222,237 $ 2,052 $ 13,093 $ 359,679 $ 918,434 For the six months ended June 30, 2020 Puerto Rico (In thousands) Commercial Construction Mortgage Leasing Consumer Total Allowance for credit losses: Beginning balance $ 131,063 $ 574 $ 116,281 $ 10,768 $ 173,965 $ 432,651 Impact of adopting CECL 62,393 115 86,081 ( 713) 122,492 270,368 Provision (reversal of provision) 23,148 ( 549) 8,984 9,735 132,109 173,427 Initial allowance for credit losses - PCD Loans - - 996 - - 996 Charge-offs ( 5,740) - ( 17,723) ( 7,724) ( 115,986) ( 147,173) Recoveries 4,063 214 4,631 1,027 15,578 25,513 Ending balance $ 214,927 $ 354 $ 199,250 $ 13,093 $ 328,158 $ 755,782 For the six months ended June 30, 2020 Popular U.S. (In thousands) Commercial Construction Mortgage Legacy Consumer Total Allowance for credit losses: Beginning balance $ 15,989 $ 4,204 $ 4,827 $ 630 $ 19,407 $ 45,057 Impact of adopting CECL 29,103 ( 2,986) 10,431 382 7,809 44,739 Provision (reversal of provision) 54,140 4,690 7,709 1,052 11,081 78,672 Charge-offs ( 954) - ( 16) ( 14) ( 9,811) ( 10,795) Recoveries 1,751 155 36 2 3,035 4,979 Ending balance $ 100,029 $ 6,063 $ 22,987 $ 2,052 $ 31,521 $ 162,652 For the six months ended June 30, 2020 Popular, Inc. (In thousands) Commercial Construction Mortgage Legacy Leasing Consumer Total Allowance for credit losses: Beginning balance $ 147,052 $ 4,778 $ 121,108 $ 630 $ 10,768 $ 193,372 $ 477,708 Impact of adopting CECL 91,496 ( 2,871) 96,512 382 ( 713) 130,301 315,107 Provision (reversal of provision) 77,288 4,141 16,693 1,052 9,735 143,190 252,099 Initial allowance for credit losses - PCD Loans - - 996 - - - 996 Charge-offs ( 6,694) - ( 17,739) ( 14) ( 7,724) ( 125,797) ( 157,968) Recoveries 5,814 369 4,667 2 1,027 18,613 30,492 Ending balance $ 314,956 $ 6,417 $ 222,237 $ 2,052 $ 13,093 $ 359,679 $ 918,434 For the quarter ended June 30, 2019 Puerto Rico (In thousands) Commercial Construction Mortgage Leasing Consumer Total Allowance for credit losses: Beginning balance $ 188,931 $ 822 $ 137,856 $ 9,109 $ 147,665 $ 484,383 Provision (reversal of provision) 1,480 2,120 ( 1,213) ( 572) 27,160 28,975 Charge-offs ( 5,395) ( 30) ( 9,996) ( 2,331) ( 37,920) ( 55,672) Recoveries 5,211 84 1,283 701 11,226 18,505 Ending balance $ 190,227 $ 2,996 $ 127,930 $ 6,907 $ 148,131 $ 476,191 Specific ALLL $ 31,698 $ 90 $ 41,158 $ 234 $ 22,592 $ 95,772 General ALLL $ 158,529 $ 2,906 $ 86,772 $ 6,673 $ 125,539 $ 380,419 Loans held-in-portfolio: Impaired loans $ 386,310 $ 1,788 $ 521,257 $ 865 $ 98,901 $ 1,009,121 Loans held-in-portfolio excluding impaired loans 6,953,539 107,170 5,781,701 990,681 5,199,449 19,032,540 Total loans held-in-portfolio $ 7,339,849 $ 108,958 $ 6,302,958 $ 991,546 $ 5,298,350 $ 20,041,661 For the quarter ended June 30, 2019 Popular U.S. (In thousands) Commercial Construction Mortgage Legacy Consumer Total Allowance for credit losses: Beginning balance $ 35,558 $ 6,674 $ 4,442 $ 829 $ 18,742 $ 66,245 Provision (reversal of provision) 5,535 213 374 ( 332) 5,426 11,216 Charge-offs ( 6,344) - ( 343) ( 20) ( 5,609) ( 12,316) Recoveries 553 - 113 297 1,367 2,330 Ending balance $ 35,302 $ 6,887 $ 4,586 $ 774 $ 19,926 $ 67,475 Specific ALLL $ - $ - $ 2,392 $ - $ 1,863 $ 4,255 General ALLL $ 35,302 $ 6,887 $ 2,194 $ 774 $ 18,063 $ 63,220 Loans held-in-portfolio: Impaired loans $ 3,961 $ 12,060 $ 9,393 $ - $ 9,950 $ 35,364 Loans held-in-portfolio excluding impaired loans 4,872,793 704,401 886,608 23,893 441,025 6,928,720 Total loans held-in-portfolio $ 4,876,754 $ 716,461 $ 896,001 $ 23,893 $ 450,975 $ 6,964,084 For the quarter ended June 30, 2019 Popular, Inc. (In thousands) Commercial Construction Mortgage Legacy Leasing Consumer Total Allowance for credit losses: Beginning balance $ 224,489 $ 7,496 $ 142,298 $ 829 $ 9,109 $ 166,407 $ 550,628 Provision (reversal of provision) 7,015 2,333 ( 839) ( 332) ( 572) 32,586 40,191 Charge-offs ( 11,739) ( 30) ( 10,339) ( 20) ( 2,331) ( 43,529) ( 67,988) Recoveries 5,764 84 1,396 297 701 12,593 20,835 Ending balance $ 225,529 $ 9,883 $ 132,516 $ 774 $ 6,907 $ 168,057 $ 543,666 Specific ALLL $ 31,698 $ 90 $ 43,550 $ - $ 234 $ 24,455 $ 100,027 General ALLL $ 193,831 $ 9,793 $ 88,966 $ 774 $ 6,673 $ 143,602 $ 443,639 Loans held-in-portfolio: Impaired loans $ 390,271 $ 13,848 $ 530,650 $ - $ 865 $ 108,851 $ 1,044,485 Loans held-in-portfolio excluding impaired loans 11,826,332 811,571 6,668,309 23,893 990,681 5,640,474 25,961,260 Total loans held-in-portfolio $ 12,216,603 $ 825,419 $ 7,198,959 $ 23,893 $ 991,546 $ 5,749,325 $ 27,005,745 For the six months ended June 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) ( 209) 2,039 4,848 ( 1,463) 55,214 60,429 Charge-offs ( 24,856) ( 52) ( 23,170) ( 4,427) ( 73,789) ( 126,294) Recoveries 8,078 123 3,274 1,311 22,112 34,898 Ending balance $ 190,227 $ 2,996 $ 127,930 $ 6,907 $ 148,131 $ 476,191 Specific ALLL $ 31,698 $ 90 $ 41,158 $ 234 $ 22,592 $ 95,772 General ALLL $ 158,529 $ 2,906 $ 86,772 $ 6,673 $ 125,539 $ 380,419 Loans held-in-portfolio: Impaired loans $ 386,310 $ 1,788 $ 521,257 $ 865 $ 98,901 $ 1,009,121 Loans held-in-portfolio excluding impaired loans 6,953,539 107,170 5,781,701 990,681 5,199,449 19,032,540 Total loans held-in-portfolio $ 7,339,849 $ 108,958 $ 6,302,958 $ 991,546 $ 5,298,350 $ 20,041,661 For the six months ended June 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) 12,026 341 611 ( 1,187) 9,796 21,587 Charge-offs ( 9,825) - ( 594) 144 ( 11,260) ( 21,535) Recoveries 1,200 8 135 848 3,042 5,233 Ending balance $ 35,302 $ 6,887 $ 4,586 $ 774 $ 19,926 $ 67,475 Specific ALLL $ - $ - $ 2,392 $ - $ 1,863 $ 4,255 General ALLL $ 35,302 $ 6,887 $ 2,194 $ 774 $ 18,063 $ 63,220 Loans held-in-portfolio: Impaired loans $ 3,961 $ 12,060 $ 9,393 $ - $ 9,950 $ 35,364 Loans held-in-portfolio excluding impaired loans 4,872,793 704,401 886,608 23,893 441,025 6,928,720 Total loans held-in-portfolio $ 4,876,754 $ 716,461 $ 896,001 $ 23,893 $ 450,975 $ 6,964,084 For the six months ended June 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) 11,817 2,380 5,459 ( 1,187) ( 1,463) 65,010 82,016 Charge-offs ( 34,681) ( 52) ( 23,764) 144 ( 4,427) ( 85,049) ( 147,829) Recoveries 9,278 131 3,409 848 1,311 25,154 40,131 Ending balance $ 225,529 $ 9,883 $ 132,516 $ 774 $ 6,907 $ 168,057 $ 543,666 Specific ALLL $ 31,698 $ 90 $ 43,550 $ - $ 234 $ 24,455 $ 100,027 General ALLL $ 193,831 $ 9,793 $ 88,966 $ 774 $ 6,673 $ 143,602 $ 443,639 Loans held-in-portfolio: Impaired loans $ 390,271 $ 13,848 $ 530,650 $ - $ 865 $ 108,851 $ 1,044,485 Loans held-in-portfolio excluding impaired loans 11,826,332 811,571 6,668,309 23,893 990,681 5,640,474 25,961,260 Total loans held-in-portfolio $ 12,216,603 $ 825,419 $ 7,198,959 $ 23,893 $ 991,546 $ 5,749,325 $ 27,005,745
Credit loss on unfunded commitments	The following table presents the changes in the allowance for credit losses on unfunded commitments, which is presented as part of Other Liabilities, for the quarters and six months ended June 30, 2020 and 2019. For the quarters ended For the six months ended (In thousands) June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Allowance for credit losses on unfunded commitments: Balance at beginning of period $ 4,466 $ 8,335 $ 8,717 $ 8,216 Impact of adopting CECL - - ( 5,460) - Provision 2,251 400 3,460 519 Ending balance $ 6,717 $ 8,735 $ 6,717 $ 8,735
Schedule of Trouble Debt Restructurings breakdown by Accrual and Nonaccrual Status	June 30, 2020 December 31, 2019 (In thousands) Accruing Non-Accruing Total Related Allowance Accruing Non-Accruing Total Related Allowance Loans held-in-portfolio: Commercial $ 240,650 $ 108,075 $ 348,725 $ 23,751 $ 237,861 $ 111,587 $ 349,448 $ 16,443 Construction - - - - - 119 119 6 Mortgage 1,036,728 119,057 1,155,785 69,266 1,013,561 126,036 1,139,597 42,012 Leases 382 192 574 35 264 243 507 61 Consumer 78,829 15,265 94,094 27,317 82,205 15,808 98,013 21,404 Loans held-in-portfolio $ 1,356,589 $ 242,589 $ 1,599,178 $ 120,369 $ 1,333,891 $ 253,793 $ 1,587,684 $ 79,926
Troubled Debt Restructurings Loan Count By Type Of Modification	Popular, Inc. For the quarter ended June 30, 2020 For the six months ended June 30, 2020 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 - - - 1 - - Commercial real estate non-owner occupied - 1 - - - 2 - 1 Commercial real estate owner occupied - 13 - - - 19 - - Commercial and industrial - 15 - - 1 26 - - Mortgage - - 14 72 2 26 161 72 Leasing - - - 11 - - 3 11 Consumer: Credit cards 404 - - 52 552 - - 65 HELOCs - 1 - - - 1 1 - Personal 78 1 - - 178 2 - 1 Auto - - - 8 - 1 2 8 Other 1 - - - 2 - - - Total 483 32 14 143 735 78 167 158 Popular, Inc. For the quarter ended June 30, 2019 For the six months ended June 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 - - - 1 - - Commercial real estate non-owner occupied - 2 - - - 3 - - Commercial real estate owner occupied 1 5 - - 1 15 - - Commercial and industrial - 18 - - - 34 - - Mortgage 25 28 130 2 31 55 287 2 Leasing - - 1 - - - 1 - Consumer: Credit cards 161 - - 54 283 - 1 120 HELOCs - 6 5 - - 12 9 - Personal 192 1 - 1 344 3 - 1 Auto - 2 1 - - 4 1 - Other 9 - - - 15 - - - Total 388 63 137 57 674 127 299 123
Troubled Debt Restructurings on Financing Receivables	For the quarter ended June 30, 2020 (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 $ 993 $ 976 $ ( 19) Commercial real estate non-owner occupied 1 179 179 - Commercial real estate owner occupied 13 2,593 2,574 1 Commercial and industrial 15 849 845 2 Mortgage 86 14,448 8,954 833 Leasing 11 232 232 - Consumer: Credit cards 456 4,200 4,181 178 HELOCs 1 37 33 8 Personal 79 1,160 1,160 194 Auto 8 60 60 - Other 1 4 4 1 Total 672 $ 24,755 $ 19,198 $ 1,198 For the quarter ended June 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 2 2,253 2,246 789 Commercial real estate owner occupied 6 1,393 1,178 38 Commercial and industrial 18 4,370 4,356 471 Mortgage 185 20,218 18,320 687 Leasing 1 27 28 7 Consumer: Credit cards 215 1,772 1,938 186 HELOCs 11 1,389 1,389 265 Personal 194 3,143 3,142 830 Auto 3 38 43 8 Other 9 133 133 23 Total 645 $ 34,890 $ 32,889 $ 3,299 Popular, Inc. For the six months ended June 30, 2020 (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 $ 993 $ 976 $ ( 19) Commercial real estate non-owner occupied 3 3,418 3,418 ( 748) Commercial real estate owner occupied 19 6,499 6,476 106 Commercial and industrial 27 1,784 1,778 25 Mortgage 261 34,763 26,894 2,845 Leasing 14 326 327 6 Consumer: Credit cards 617 5,460 5,454 262 HELOCs 2 369 298 862 Personal 181 3,021 3,019 491 Auto 11 146 147 12 Other 2 24 24 6 Total 1,138 $ 56,803 $ 48,811 $ 3,848 Popular, Inc. For the six months ended June 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 3 2,567 2,557 807 Commercial real estate owner occupied 16 3,412 3,151 57 Commercial and industrial 34 8,313 8,835 785 Mortgage 375 40,950 36,911 1,358 Leasing 1 27 28 7 Consumer: Credit cards 404 3,315 3,468 357 HELOCs 21 2,083 2,010 320 Personal 348 6,290 6,295 1,635 Auto 5 63 66 12 Other 15 146 146 25 Total 1,223 $ 67,320 $ 63,583 $ 5,358
T D R Loans Subsequent Default	Popular, Inc. Defaulted during the quarter endedJune 30, 2020 Defaulted during the six months ended June 30, 2020 (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 $ 1,700 1 $ 1,700 Commercial real estate owner occupied 3 603 5 846 Commercial and industrial 1 57 3 97 Mortgage 101 9,582 148 16,089 Consumer: Credit cards 82 652 123 866 HELOCs 1 31 1 31 Personal 48 579 83 1,364 Other 1 1 2 1 Total 238 $ 13,205 366 $ 20,994 Popular, Inc. Defaulted during the quarter endedJune 30, 2019 Defaulted during the six months ended June 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 - - 2 427 Commercial and industrial 2 6,998 3 7,048 Mortgage 11 602 19 1,347 Leasing - - 1 22 Consumer: Credit cards 105 1,051 185 1,853 Personal 84 2,273 124 3,624 Other 1 2 1 2 Total 203 $ 10,926 336 $ 14,370
Financing Receivable Credit Quality Indicators	June 30, 2020 Term Loans Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Loans Amortized Cost Basis Amortized Cost Basis by Origination Year (In thousands) 2020 2019 2018 2017 2016 Prior Years Total Puerto Rico Commercial: Commercial multi-family Watch $ - $ - $ - $ - $ - $ 4,839 $ - $ - $ 4,839 Special mention - - - - - 3,831 - - 3,831 Substandard - - - - - 1,404 100 - 1,504 Pass/Unrated 5,265 36,872 26,424 2,126 4,763 62,539 - - 137,989 Total commercial multi-family $ 5,265 $ 36,872 $ 26,424 $ 2,126 $ 4,763 $ 72,613 $ 100 $ - $ 148,163 Commercial real estate non-owner occupied Watch $ 1,357 $ 96,147 $ 150,370 $ 68,910 $ 32,225 $ 263,971 $ - $ - $ 612,980 Special Mention - 27,733 - 119 34,559 171,770 2 - 234,183 Substandard - 47,533 27,100 4,216 17,638 169,815 95 - 266,397 Doubtful - - - - - 2,638 - - 2,638 Pass/Unrated 12,979 67,742 43,497 70,532 130,468 630,098 5,386 - 960,702 Total commercial real estate non-owner occupied $ 14,336 $ 239,155 $ 220,967 $ 143,777 $ 214,890 $ 1,238,292 $ 5,483 $ - $ 2,076,900 Commercial real estate owner occupied Watch $ 2,349 $ 21,985 $ 17,502 $ 12,524 $ 11,627 $ 193,381 $ 1,284 $ - $ 260,652 Special Mention 54 1,199 393 2,812 12,696 155,775 - - 172,929 Substandard - 2,543 38,389 1,618 28,588 160,872 - - 232,010 Doubtful - - - - - 1,780 - - 1,780 Pass/Unrated 125,974 73,675 69,378 71,383 134,542 517,031 20,821 - 1,012,804 Total commercial real estate owner occupied $ 128,377 $ 99,402 $ 125,662 $ 88,337 $ 187,453 $ 1,028,839 $ 22,105 $ - $ 1,680,175 Commercial and industrial Watch $ 87,921 $ 134,092 $ 178,463 $ 86,947 $ 42,467 $ 384,411 $ 158,988 $ - $ 1,073,289 Special Mention 13,707 8,838 11,684 18,669 2,967 121,591 31,931 - 209,387 Substandard 25,365 3,026 18,608 4,708 2,280 67,149 44,995 - 166,131 Doubtful - - - 8 - 92 1 - 101 Loss - - - - - - 13 - 13 Pass/Unrated 1,049,264 538,094 236,635 232,684 155,962 429,213 356,166 - 2,998,018 Total commercial and industrial $ 1,176,257 $ 684,050 $ 445,390 $ 343,016 $ 203,676 $ 1,002,456 $ 592,094 $ - $ 4,446,939 Construction Watch $ - $ 2,382 $ 14,961 $ - $ - $ - $ 340 $ - $ 17,683 Special Mention - - 675 - - - - - 675 Substandard - - - 21,274 - - - - 21,274 Pass/Unrated 200 32,478 11,941 61,526 952 - 29,883 - 136,980 Total construction $ 200 $ 34,860 $ 27,577 $ 82,800 $ 952 $ - $ 30,223 $ - $ 176,612 Mortgage Substandard $ - $ 75 $ 543 $ 6,760 $ 3,081 $ 141,627 $ - $ - $ 152,086 Pass/Unrated 66,032 241,427 189,294 229,641 236,672 5,295,666 - - 6,258,732 Total mortgage $ 66,032 $ 241,502 $ 189,837 $ 236,401 $ 239,753 $ 5,437,293 $ - $ - $ 6,410,818 Leasing Substandard $ 105 $ 1,113 $ 1,010 $ 905 $ 748 $ 871 $ - $ - $ 4,752 Pass/Unrated 216,468 362,984 251,172 137,438 86,160 39,214 - - 1,093,436 Total leasing $ 216,573 $ 364,097 $ 252,182 $ 138,343 $ 86,908 $ 40,085 $ - $ - $ 1,098,188 June 30, 2020 Term Loans Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Loans Amortized Cost Basis Amortized Cost Basis by Origination Year (In thousands) 2020 2019 2018 2017 2016 Prior Years Total Puerto Rico Consumer: Credit cards Substandard $ - $ - $ - $ - $ - $ - $ 17,849 $ - $ 17,849 Pass/Unrated - - - - - - 959,533 - 959,533 Total credit cards $ - $ - $ - $ - $ - $ - $ 977,382 $ - $ 977,382 HELOCs Pass/Unrated $ - $ - $ - $ - $ - $ 589 $ 3,977 $ - $ 4,566 Total HELOCs $ - $ - $ - $ - $ - $ 589 $ 3,977 $ - $ 4,566 Personal Substandard $ 406 $ 4,612 $ 1,962 $ 1,701 $ 1,213 $ 22,553 $ 5 $ 1,814 $ 34,266 Loss - 118 43 25 9 12 - - 207 Pass/Unrated 172,414 523,822 222,181 130,280 77,401 158,070 2,763 48,291 1,335,222 Total Personal $ 172,820 $ 528,552 $ 224,186 $ 132,006 $ 78,623 $ 180,635 $ 2,768 $ 50,105 $ 1,369,695 Auto Substandard $ 1,275 $ 6,367 $ 5,965 $ 3,241 $ 2,621 $ 2,642 $ - $ - $ 22,111 Pass/Unrated 416,560 997,272 738,141 367,906 223,903 138,431 - - 2,882,213 Total Auto $ 417,835 $ 1,003,639 $ 744,106 $ 371,147 $ 226,524 $ 141,073 $ - $ - $ 2,904,324 Other consumer Substandard $ - $ - $ 990 $ - $ 154 $ 12,950 $ - $ - $ 14,094 Pass/Unrated 5,647 18,699 13,351 7,247 3,107 12,268 56,028 - 116,347 Total Other consumer $ 5,647 $ 18,699 $ 14,341 $ 7,247 $ 3,261 $ 25,218 $ 56,028 $ - $ 130,441 Total Puerto Rico $ 2,203,342 $ 3,250,828 $ 2,270,672 $ 1,545,200 $ 1,246,803 $ 9,167,093 $ 1,690,160 $ 50,105 $ 21,424,203 June 30, 2020 Term Loans Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Loans Amortized Cost Basis Amortized Cost Basis by Origination Year (In thousands) 2020 2019 2018 2017 2016 Prior Years Total Popular U.S. Commercial: Commercial multi-family Watch $ 11,405 $ 50,845 $ 52,246 $ 50,347 $ 79,281 $ 82,293 $ - $ - $ 326,417 Special mention - 6,542 2,029 8,381 2,121 8,819 - - 27,892 Substandard - - - 2,097 7,484 1,778 - - 11,359 Pass/Unrated 98,960 344,335 206,128 114,403 207,622 300,196 3,147 - 1,274,791 Total commercial multi-family $ 110,365 $ 401,722 $ 260,403 $ 175,228 $ 296,508 $ 393,086 $ 3,147 $ - $ 1,640,459 Commercial real estate non-owner occupied Watch $ 5,182 $ 15,593 $ 107,740 $ 65,215 $ 61,756 $ 125,229 $ 342 $ - $ 381,057 Special Mention - 2,888 9,078 7,982 61,363 8,229 350 - 89,890 Substandard - 12,338 13,352 11,267 41,637 53,188 - - 131,782 Pass/Unrated 211,600 253,189 245,326 282,907 159,161 183,594 14,084 - 1,349,861 Total commercial real estate non-owner occupied $ 216,782 $ 284,008 $ 375,496 $ 367,371 $ 323,917 $ 370,240 $ 14,776 $ - $ 1,952,590 Commercial real estate owner occupied Watch $ - $ 9,512 $ 9,095 $ 4,297 $ 13,034 $ 13,945 $ 4,222 $ - $ 54,105 Special Mention - - 194 - - 5,516 - - 5,710 Substandard - - 1,342 - 1,365 20,583 - - 23,290 Pass/Unrated 21,405 48,103 46,977 35,339 25,381 85,773 691 - 263,669 Total commercial real estate owner occupied $ 21,405 $ 57,615 $ 57,608 $ 39,636 $ 39,780 $ 125,817 $ 4,913 $ - $ 346,774 Commercial and industrial Watch $ 16,892 $ 1,375 $ 302 $ 3,627 $ 749 $ 13,487 $ 6,070 $ - $ 42,502 Special Mention 2,982 - 250 170 4,647 928 258 - 9,235 Substandard 1,770 141 - - 508 6,130 18 - 8,567 Pass/Unrated 258,557 198,530 202,995 163,343 135,819 332,098 91,436 - 1,382,778 Total commercial and industrial $ 280,201 $ 200,046 $ 203,547 $ 167,140 $ 141,723 $ 352,643 $ 97,782 $ - $ 1,443,082 Construction Watch $ 3,079 $ - $ 11,005 $ 6 $ - $ 22,872 $ - $ - $ 36,962 Special Mention - - - - - 18,061 - - 18,061 Substandard - - 5,522 9,370 9,069 18,500 - - 42,461 Pass/Unrated 35,664 231,041 172,604 175,831 39,271 - - - 654,411 Total construction $ 38,743 $ 231,041 $ 189,131 $ 185,207 $ 48,340 $ 59,433 $ - $ - $ 751,895 Mortgage Substandard $ 1,049 $ 481 $ 513 $ - $ - $ 12,101 $ - $ - $ 14,144 Pass/Unrated 224,023 293,140 140,801 10,618 12,469 415,782 - - 1,096,833 Total mortgage $ 225,072 $ 293,621 $ 141,314 $ 10,618 $ 12,469 $ 427,883 $ - $ - $ 1,110,977 Legacy Watch $ - $ - $ - $ - $ - $ 1,045 $ - $ - $ 1,045 Special Mention - - - - - 192 - - 192 Substandard - - - - - 4,539 34 - 4,573 Pass/Unrated - - - - - 10,018 1,172 - 11,190 Total legacy $ - $ - $ - $ - $ - $ 15,794 $ 1,206 $ - $ 17,000 June 30, 2020 Term Loans Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Loans Amortized Cost Basis Amortized Cost Basis by Origination Year (In thousands) 2020 2019 2018 2017 2016 Prior Years Total Popular U.S. Consumer: Credit cards Pass/Unrated $ - $ - $ - $ - $ - $ - $ 26 $ - $ 26 Total credit cards $ - $ - $ - $ - $ - $ - $ 26 $ - $ 26 HELOCs Substandard $ - $ - $ - $ - $ - $ 195 $ - $ 713 $ 908 Loss - - - - - 313 - 7,021 7,334 Pass/Unrated - - - - - 15,413 46,467 40,585 102,465 Total HELOCs $ - $ - $ - $ - $ - $ 15,921 $ 46,467 $ 48,319 $ 110,707 Personal Substandard $ 62 $ 797 $ 474 $ 203 $ 80 $ 15 $ 1 $ - $ 1,632 Loss - 17 25 8 6 283 4 - 343 Pass/Unrated 41,120 148,668 47,113 16,091 5,236 11,055 210 - 269,493 Total Personal $ 41,182 $ 149,482 $ 47,612 $ 16,302 $ 5,322 $ 11,353 $ 215 $ - $ 271,468 Other consumer Pass/Unrated $ - $ - $ - $ - $ - $ - $ 1,372 $ - $ 1,372 Total Other consumer $ - $ - $ - $ - $ - $ - $ 1,372 $ - $ 1,372 Total Popular U.S. $ 933,750 $ 1,617,535 $ 1,275,111 $ 961,502 $ 868,059 $ 1,772,170 $ 169,904 $ 48,319 $ 7,646,350 June 30, 2020 Term Loans Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Loans Amortized Cost Basis Amortized Cost Basis by Origination Year (In thousands) 2020 2019 2018 2017 2016 Prior Years Total Popular, Inc. Commercial: Commercial multi-family Watch $ 11,405 $ 50,845 $ 52,246 $ 50,347 $ 79,281 $ 87,132 $ - $ - $ 331,256 Special mention - 6,542 2,029 8,381 2,121 12,650 - - 31,723 Substandard - - - 2,097 7,484 3,182 100 - 12,863 Pass/Unrated 104,225 381,207 232,552 116,529 212,385 362,735 3,147 - 1,412,780 Total commercial multi-family $ 115,630 $ 438,594 $ 286,827 $ 177,354 $ 301,271 $ 465,699 $ 3,247 $ - $ 1,788,622 Commercial real estate non-owner occupied Watch $ 6,539 $ 111,740 $ 258,110 $ 134,125 $ 93,981 $ 389,200 $ 342 $ - $ 994,037 Special Mention - 30,621 9,078 8,101 95,922 179,999 352 - 324,073 Substandard - 59,871 40,452 15,483 59,275 223,003 95 - 398,179 Doubtful - - - - - 2,638 - - 2,638 Pass/Unrated 224,579 320,931 288,823 353,439 289,629 813,692 19,470 - 2,310,563 Total commercial real estate non-owner occupied $ 231,118 $ 523,163 $ 596,463 $ 511,148 $ 538,807 $ 1,608,532 $ 20,259 $ - $ 4,029,490 Commercial real estate owner occupied Watch $ 2,349 $ 31,497 $ 26,597 $ 16,821 $ 24,661 $ 207,326 $ 5,506 $ - $ 314,757 Special Mention 54 1,199 587 2,812 12,696 161,291 - - 178,639 Substandard - 2,543 39,731 1,618 29,953 181,455 - - 255,300 Doubtful - - - - - 1,780 - - 1,780 Pass/Unrated 147,379 121,778 116,355 106,722 159,923 602,804 21,512 - 1,276,473 Total commercial real estate owner occupied $ 149,782 $ 157,017 $ 183,270 $ 127,973 $ 227,233 $ 1,154,656 $ 27,018 $ - $ 2,026,949 Commercial and industrial Watch $ 104,813 $ 135,467 $ 178,765 $ 90,574 $ 43,216 $ 397,898 $ 165,058 $ - $ 1,115,791 Special Mention 16,689 8,838 11,934 18,839 7,614 122,519 32,189 - 218,622 Substandard 27,135 3,167 18,608 4,708 2,788 73,279 45,013 - 174,698 Doubtful - - - 8 - 92 1 - 101 Loss - - - - - - 13 - 13 Pass/Unrated 1,307,821 736,624 439,630 396,027 291,781 761,311 447,602 - 4,380,796 Total commercial and industrial $ 1,456,458 $ 884,096 $ 648,937 $ 510,156 $ 345,399 $ 1,355,099 $ 689,876 $ - $ 5,890,021 June 30, 2020 Term Loans Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Loans Amortized Cost Basis Amortized Cost Basis by Origination Year (In thousands) 2020 2019 2018 2017 2016 Prior Years Total Popular, Inc. Construction Watch $ 3,079 $ 2,382 $ 25,966 $ 6 $ - $ 22,872 $ 340 $ - $ 54,645 Special Mention - - 675 - - 18,061 - - 18,736 Substandard - - 5,522 30,644 9,069 18,500 - - 63,735 Pass/Unrated 35,864 263,519 184,545 237,357 40,223 - 29,883 - 791,391 Total construction $ 38,943 $ 265,901 $ 216,708 $ 268,007 $ 49,292 $ 59,433 $ 30,223 $ - $ 928,507 Mortgage Substandard $ 1,049 $ 556 $ 1,056 $ 6,760 $ 3,081 $ 153,728 $ - $ - $ 166,230 Pass/Unrated 290,055 534,567 330,095 240,259 249,141 5,711,448 - - 7,355,565 Total mortgage $ 291,104 $ 535,123 $ 331,151 $ 247,019 $ 252,222 $ 5,865,176 $ - $ - $ 7,521,795 Legacy Watch $ - $ - $ - $ - $ - $ 1,045 $ - $ - $ 1,045 Special Mention - - - - - 192 - - 192 Substandard - - - - - 4,539 34 - 4,573 Pass/Unrated - - - - - 10,018 1,172 - 11,190 Total legacy $ - $ - $ - $ - $ - $ 15,794 $ 1,206 $ - $ 17,000 Leasing Substandard $ 105 $ 1,113 $ 1,010 $ 905 $ 748 $ 871 $ - $ - $ 4,752 Pass/Unrated 216,468 362,984 251,172 137,438 86,160 39,214 - - 1,093,436 Total leasing $ 216,573 $ 364,097 $ 252,182 $ 138,343 $ 86,908 $ 40,085 $ - $ - $ 1,098,188 June 30, 2020 Term Loans Revolving Loans Amortized Cost Basis Revolving Loans Converted to Term Loans Amortized Cost Basis Amortized Cost Basis by Origination Year (In thousands) 2020 2019 2018 2017 2016 Prior Years Total Popular, Inc. Consumer: Credit cards Substandard $ - $ - $ - $ - $ - $ - $ 17,849 $ - $ 17,849 Pass/Unrated - - - - - - 959,559 - 959,559 Total credit cards $ - $ - $ - $ - $ - $ - $ 977,408 $ - $ 977,408 HELOCs Substandard $ - $ - $ - $ - $ - $ 195 $ - $ 713 $ 908 Loss - - - - - 313 - 7,021 7,334 Pass/Unrated - - - - - 16,002 50,444 40,585 107,031 Total HELOCs $ - $ - $ - $ - $ - $ 16,510 $ 50,444 $ 48,319 $ 115,273 Personal Substandard $ 468 $ 5,409 $ 2,436 $ 1,904 $ 1,293 $ 22,568 $ 6 $ 1,814 $ 35,898 Loss - 135 68 33 15 295 4 - 550 Pass/Unrated 213,534 672,490 269,294 146,371 82,637 169,125 2,973 48,291 1,604,715 Total Personal $ 214,002 $ 678,034 $ 271,798 $ 148,308 $ 83,945 $ 191,988 $ 2,983 $ 50,105 $ 1,641,163 Auto Substandard $ 1,275 $ 6,367 $ 5,965 $ 3,241 $ 2,621 $ 2,642 $ - $ - $ 22,111 Pass/Unrated 416,560 997,272 738,141 367,906 223,903 138,431 - - 2,882,213 Total Auto $ 417,835 $ 1,003,639 $ 744,106 $ 371,147 $ 226,524 $ 141,073 $ - $ - $ 2,904,324 Other consumer Substandard $ - $ - $ 990 $ - $ 154 $ 12,950 $ - $ - $ 14,094 Pass/Unrated 5,647 18,699 13,351 7,247 3,107 12,268 57,400 - 117,719 Total Other consumer $ 5,647 $ 18,699 $ 14,341 $ 7,247 $ 3,261 $ 25,218 $ 57,400 $ - $ 131,813 Total Popular Inc. $ 3,137,092 $ 4,868,363 $ 3,545,783 $ 2,506,702 $ 2,114,862 $ 10,939,263 $ 1,860,064 $ 98,424 $ 29,070,553 December 31, 2019 Special Pass/ (In thousands) Watch Mention Substandard Doubtful Loss Sub-total Unrated Total Puerto Rico Commercial multi-family $ 1,341 $ 3,870 $ 1,793 $ - $ - $ 7,004 $ 140,845 $ 147,849 Commercial real estate non-owner occupied 492,357 166,810 239,448 3,290 - 901,905 1,206,313 2,108,218 Commercial real estate owner occupied 192,895 184,678 183,377 1,629 - 562,579 1,023,750 1,586,329 Commercial and industrial 592,861 170,183 130,872 148 16 894,080 2,524,654 3,418,734 Total Commercial 1,279,454 525,541 555,490 5,067 16 2,365,568 4,895,562 7,261,130 Construction 340 649 20,771 - - 21,760 115,710 137,470 Mortgage 2,187 2,218 127,621 - - 132,026 6,034,722 6,166,748 Leasing - - 3,590 - 68 3,658 1,055,849 1,059,507 Consumer: Credit cards - - 19,461 - - 19,461 1,104,339 1,123,800 HELOCs - - - - - - 5,038 5,038 Personal 77 - 19,558 - - 19,635 1,348,515 1,368,150 Auto - - 30,775 - 372 31,147 2,886,375 2,917,522 Other 459 11 15,020 - 53 15,543 125,324 140,867 Total Consumer 536 11 84,814 - 425 85,786 5,469,591 5,555,377 Total Puerto Rico $ 1,282,517 $ 528,419 $ 792,286 $ 5,067 $ 509 $ 2,608,798 $ 17,571,434 $ 20,180,232 Popular U.S. Commercial multi-family $ 48,359 $ 13,827 $ 8,433 $ - $ - $ 70,619 $ 1,576,691 $ 1,647,310 Commercial real estate non-owner occupied 80,608 24,383 100,658 - - 205,649 1,664,647 1,870,296 Commercial real estate owner occupied 27,298 5,709 13,826 - - 46,833 292,302 339,135 Commercial and industrial 25,679 1,460 20,386 - - 47,525 1,147,355 1,194,880 Total Commercial 181,944 45,379 143,303 - - 370,626 4,680,995 5,051,621 Construction 46,644 17,291 44,798 - - 108,733 584,889 693,622 Mortgage - - 11,091 - - 11,091 1,005,693 1,016,784 Legacy 388 202 1,528 - - 2,118 19,987 22,105 Consumer: Credit cards - - - - - - 36 36 HELOCs - - 2,024 - 7,930 9,954 107,389 117,343 Personal - - 1,664 - 403 2,067 322,373 324,440 Other - - - - - - 690 690 Total Consumer - - 3,688 - 8,333 12,021 430,488 442,509 Total Popular U.S. $ 228,976 $ 62,872 $ 204,408 $ - $ 8,333 $ 504,589 $ 6,722,052 $ 7,226,641 Popular, Inc. Commercial multi-family $ 49,700 $ 17,697 $ 10,226 $ - $ - $ 77,623 $ 1,717,536 $ 1,795,159 Commercial real estate non-owner occupied 572,965 191,193 340,106 3,290 - 1,107,554 2,870,960 3,978,514 Commercial real estate owner occupied 220,193 190,387 197,203 1,629 - 609,412 1,316,052 1,925,464 Commercial and industrial 618,540 171,643 151,258 148 16 941,605 3,672,009 4,613,614 Total Commercial 1,461,398 570,920 698,793 5,067 16 2,736,194 9,576,557 12,312,751 Construction 46,984 17,940 65,569 - - 130,493 700,599 831,092 Mortgage 2,187 2,218 138,712 - - 143,117 7,040,415 7,183,532 Legacy 388 202 1,528 - - 2,118 19,987 22,105 Leasing - - 3,590 - 68 3,658 1,055,849 1,059,507 Consumer: Credit cards - - 19,461 - - 19,461 1,104,375 1,123,836 HELOCs - - 2,024 - 7,930 9,954 112,427 122,381 Personal 77 - 21,222 - 403 21,702 1,670,888 1,692,590 Auto - - 30,775 - 372 31,147 2,886,375 2,917,522 Other 459 11 15,020 - 53 15,543 126,014 141,557 Total Consumer 536 11 88,502 - 8,758 97,807 5,900,079 5,997,886 Total Popular, Inc. $ 1,511,493 $ 591,291 $ 996,694 $ 5,067 $ 8,842 $ 3,113,387 $ 24,293,486 $ 27,406,873 The following table presents the weighted average obligor risk rating at December 31, 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 11.82 6.02 Commercial real estate non-owner occupied 11.17 6.77 Commercial real estate owner occupied 11.36 7.30 Commercial and industrial 11.26 7.20 Total Commercial 11.25 7.10 Construction 11.01 7.85 Popular U.S.: Substandard Pass Commercial multi-family 11.25 7.37 Commercial real estate non-owner occupied 11.00 6.94 Commercial real estate owner occupied 11.02 7.48 Commercial and industrial 11.01 6.63 Total Commercial 11.02 7.04 Construction 11.00 7.74 Legacy 11.25 7.95
Impaired financing receivables	December 31, 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 $ 1,196 $ 1,229 $ 4 $ 1,017 $ 1,247 $ 2,213 $ 2,476 $ 4 Commercial real estate non-owner occupied 44,975 45,803 12,281 149,587 173,124 194,562 218,927 12,281 Commercial real estate owner occupied 105,841 122,814 5,077 26,365 58,540 132,206 181,354 5,077 Commercial and industrial 43,640 47,611 3,171 24,831 44,255 68,471 91,866 3,171 Construction 119 119 6 - - 119 119 6 Mortgage 420,949 479,936 40,596 101,520 134,331 522,469 614,267 40,596 Leasing 507 507 61 - - 507 507 61 Consumer: Credit cards 24,475 24,475 2,957 - - 24,475 24,475 2,957 Personal 65,521 65,521 17,142 - - 65,521 65,521 17,142 Auto 310 310 51 - - 310 310 51 Other 851 851 109 - - 851 851 109 Total Puerto Rico $ 708,384 $ 789,176 $ 81,455 $ 303,320 $ 411,497 $ 1,011,704 $ 1,200,673 $ 81,455 December 31, 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 $ - Mortgage 6,906 7,257 2,208 2,480 2,844 9,386 10,101 2,208 Consumer: HELOCs 6,691 6,691 1,560 2,829 3,087 9,520 9,778 1,560 Personal 26 26 3 88 88 114 114 3 Total Popular U.S. $ 13,623 $ 13,974 $ 3,771 $ 7,494 $ 8,558 $ 21,117 $ 22,532 $ 3,771 December 31, 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 $ 1,196 $ 1,229 $ 4 $ 3,114 $ 3,786 $ 4,310 $ 5,015 $ 4 Commercial real estate non-owner occupied 44,975 45,803 12,281 149,587 173,124 194,562 218,927 12,281 Commercial real estate owner occupied 105,841 122,814 5,077 26,365 58,540 132,206 181,354 5,077 Commercial and industrial 43,640 47,611 3,171 24,831 44,255 68,471 91,866 3,171 Construction 119 119 6 - - 119 119 6 Mortgage 427,855 487,193 42,804 104,000 137,175 531,855 624,368 42,804 Leasing 507 507 61 - - 507 507 61 Consumer: Credit cards 24,475 24,475 2,957 - - 24,475 24,475 2,957 HELOCs 6,691 6,691 1,560 2,829 3,087 9,520 9,778 1,560 Personal 65,547 65,547 17,145 88 88 65,635 65,635 17,145 Auto 310 310 51 - - 310 310 51 Other 851 851 109 - - 851 851 109 Total Popular, Inc. $ 722,007 $ 803,150 $ 85,226 $ 310,814 $ 420,055 $ 1,032,821 $ 1,223,205 $ 85,226 For the quarter ended June 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 $ 978 $ 12 $ 1,261 $ - $ 2,239 $ 12 Commercial real estate non-owner occupied 176,552 2,512 - - 176,552 2,512 Commercial real estate owner occupied 138,552 1,671 1,566 - 140,118 1,671 Commercial and industrial 67,976 725 - - 67,976 725 Construction 1,788 - 12,060 - 13,848 - Mortgage 518,311 4,026 9,416 34 527,727 4,060 Leasing 942 - - - 942 - Consumer: Credit cards 27,261 - - - 27,261 - HELOCs - - 9,013 - 9,013 - Personal 70,833 69 456 - 71,289 69 Auto 1,157 - - - 1,157 - Other 1,144 - - - 1,144 - Total Popular, Inc. $ 1,005,494 $ 9,015 $ 33,772 $ 34 $ 1,039,266 $ 9,049 For the six months ended June 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 $ 963 $ 24 $ 840 $ - $ 1,803 $ 24 Commercial real estate non-owner occupied 178,230 4,361 - - 178,230 4,361 Commercial real estate owner occupied 139,056 3,173 1,044 - 140,100 3,173 Commercial and industrial 70,628 1,512 - - 70,628 1,512 Construction 1,788 - 12,060 - 13,848 - Mortgage 515,363 8,025 9,417 73 524,780 8,098 Leasing 994 - - - 994 - Consumer: Credit cards 27,784 - - - 27,784 - HELOCs - - 8,586 - 8,586 - Personal 71,551 144 562 - 72,113 144 Auto 1,158 - - - 1,158 - Other 1,181 - - - 1,181 - Total Popular, Inc. $ 1,008,696 $ 17,239 $ 32,509 $ 73 $ 1,041,205 $ 17,312
ASC Subtopic 310-30
Allowance for credit losses on financing receivables	The following table provides the activity in the allowance for credit losses related to loans accounted for pursuant to ASC Subtopic 310-30 For the quarters ended For the six months ended (In thousands) June 30, 2019 June 30, 2019 Balance at beginning of period $ 124,147 $ 122,135 Provision (reversal of provision) 4,884 12,610 Net charge-offs ( 8,213) ( 13,927) Balance at end of period $ 120,818 $ 120,818

Mortgage banking activities (Ta

Mortgage banking activities (Tables)	6 Months Ended
	Jun. 30, 2020
Mortgage Banking [Abstract]
Mortgage Banking Activities	Quarters ended June 30, Six months ended June 30, (In thousands) 2020 2019 2020 2019 Mortgage servicing fees, net of fair value adjustments: Mortgage servicing fees $ 9,058 $ 11,916 $ 20,026 $ 23,603 Mortgage servicing rights fair value adjustments ( 7,640) ( 17,186) ( 12,869) ( 21,011) Total mortgage servicing fees, net of fair value adjustments 1,418 ( 5,270) 7,157 2,592 Net gain on sale of loans, including valuation on loans held-for-sale 5,487 5,215 9,473 9,232 Trading account loss: Unrealized gains (losses) on outstanding derivative positions 1,695 ( 227) - ( 227) Realized losses on closed derivative positions ( 4,823) ( 1,491) ( 6,433) ( 3,444) Total trading account loss ( 3,128) ( 1,718) ( 6,433) ( 3,671) Total mortgage banking activities $ 3,777 $ ( 1,773) $ 10,197 $ 8,153

Transfers of financial assets_2

Transfers of financial assets and mortgage servicing assets (Tables)	6 Months Ended
	Jun. 30, 2020
Transfers and Servicing of Financial Assets
Schedule Of Securitizations Of Financial Assets Accounted For As Sale [Text Block]	Proceeds Obtained During the Quarter Ended June 30, 2020 (In thousands) Level 1 Level 2 Level 3 Initial Fair Value Assets Trading account debt securities: Mortgage-backed securities - GNMA $ - $ 63,384 $ - $ 63,384 Mortgage-backed securities - FNMA - 5,941 - 5,941 Total trading account debt securities $ - $ 69,325 $ - $ 69,325 Mortgage servicing rights $ - $ - $ 1,100 $ 1,100 Total $ - $ 69,325 $ 1,100 $ 70,425 Proceeds Obtained During the Six Months Ended June 30, 2020 (In thousands) Level 1 Level 2 Level 3 Initial Fair Value Assets Trading account debt securities: Mortgage-backed securities - GNMA $ - $ 114,032 $ - $ 114,032 Mortgage-backed securities - FNMA - 39,514 - 39,514 Total trading account debt securities $ - $ 153,546 $ - $ 153,546 Mortgage servicing rights $ - $ - $ 2,587 $ 2,587 Total $ - $ 153,546 $ 2,587 $ 156,133 Proceeds Obtained During the Quarter Ended June 30, 2019 (In thousands) Level 1 Level 2 Level 3 Initial Fair Value Assets Trading account debt securities: Mortgage-backed securities - GNMA $ - $ 87,803 $ - $ 87,803 Mortgage-backed securities - FNMA - 30,584 - 30,584 Total trading account debt securities $ - $ 118,387 $ - $ 118,387 Mortgage servicing rights $ - $ - $ 2,154 $ 2,154 Total $ - $ 118,387 $ 2,154 $ 120,541 Proceeds Obtained During the Six Months Ended June 30, 2019 (In thousands) Level 1 Level 2 Level 3 Initial Fair Value Assets Trading account debt securities: Mortgage-backed securities - GNMA $ - $ 158,952 $ - $ 158,952 Mortgage-backed securities - FNMA - 51,502 - 51,502 Total trading account debt securities $ - $ 210,454 $ - $ 210,454 Mortgage servicing rights $ - $ - $ 3,812 $ 3,812 Total $ - $ 210,454 $ 3,812 $ 214,266
Schedule Of Servicing Assets At Fair Value Text Block	Residential MSRs (In thousands) June 30, 2020 June 30, 2019 Fair value at beginning of period $ 150,906 $ 169,777 Additions 3,107 4,255 Changes due to payments on loans [1] ( 4,989) ( 5,586) Reduction due to loan repurchases ( 518) ( 1,007) Changes in fair value due to changes in valuation model inputs or assumptions ( 7,386) ( 14,418) Other disposals 24 - Fair value at end of period $ 141,144 $ 153,021 [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 Six months ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Prepayment speed 9.2 % 7.5 % 7.5 % 6.9 % Weighted average life (in years) 8.1 9.3 9.0 9.6 Discount rate (annual rate) 10.7 % 11.0 % 10.8 % 11.0 %
Schedule of Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets	Originated MSRs Purchased MSRs June 30, December 31, June 30, December 31, (In thousands) 2020 2019 2020 2019 Fair value of servicing rights $ 55,165 $ 58,842 $ 85,979 $ 92,064 Weighted average life (in years) 6.4 6.7 6.0 6.3 Weighted average prepayment speed (annual rate) 6.1 % 5.7 % 7.0 % 6.2 % Impact on fair value of 10% adverse change $ ( 1,383) $ ( 1,303) $ ( 2,544) $ ( 2,306) Impact on fair value of 20% adverse change $ ( 2,719) $ ( 2,568) $ ( 4,973) $ ( 4,525) Weighted average discount rate (annual rate) 11.4 % 11.4 % 11.1 % 11.0 % Impact on fair value of 10% adverse change $ ( 2,185) $ ( 2,381) $ ( 3,276) $ ( 3,603) Impact on fair value of 20% adverse change $ ( 4,221) $ ( 4,596) $ ( 6,333) $ ( 6,959)

Other Real Estate Owned (Tables

Other Real Estate Owned (Tables)	6 Months Ended
	Jun. 30, 2020
Other Real Estate [Abstract]
Other Real Estate Owned Roll Forward [Table Text Block]	For the quarter ended June 30, 2020 OREO OREO (In thousands) Commercial/Construction Mortgage Total Balance at beginning of period $ 17,537 $ 106,385 $ 123,922 Write-downs in value ( 805) ( 671) ( 1,476) Additions - 842 842 Sales ( 250) ( 9,089) ( 9,339) Other adjustments - ( 9) ( 9) Ending balance $ 16,482 $ 97,458 $ 113,940 For the quarter ended June 30, 2019 OREO OREO (In thousands) Commercial/Construction Mortgage Total Balance at beginning of period $ 20,879 $ 104,599 $ 125,478 Write-downs in value ( 408) ( 1,541) ( 1,949) Additions 2,009 16,706 18,715 Sales ( 3,932) ( 19,227) ( 23,159) Other adjustments - ( 234) ( 234) Ending balance $ 18,548 $ 100,303 $ 118,851 For the six months ended June 30, 2020 OREO OREO (In thousands) Commercial/Construction Mortgage Total Balance at beginning of period $ 16,959 $ 105,113 $ 122,072 Write-downs in value ( 1,314) ( 1,571) ( 2,885) Additions 2,120 16,249 18,369 Sales ( 1,283) ( 22,429) ( 23,712) Other adjustments - 96 96 Ending balance $ 16,482 $ 97,458 $ 113,940 For the six months ended June 30, 2019 OREO OREO (In thousands) Commercial/Construction Mortgage Total Balance at beginning of period $ 21,794 $ 114,911 $ 136,705 Write-downs in value ( 979) ( 3,151) ( 4,130) Additions 3,179 24,470 27,649 Sales ( 5,446) ( 35,560) ( 41,006) Other adjustments - ( 367) ( 367) Ending balance $ 18,548 $ 100,303 $ 118,851

Other assets (Tables)

Other assets (Tables)	6 Months Ended
	Jun. 30, 2020
Other Assets Abstract
Schedule Of Other Assets Table Text Block	(In thousands) June 30, 2020 December 31, 2019 Net deferred tax assets (net of valuation allowance) $ 913,575 $ 886,353 Investments under the equity method 229,950 237,081 Prepaid taxes 13,415 47,226 Other prepaid expenses 87,844 82,425 Derivative assets 15,379 17,966 Trades receivable from brokers and counterparties 34,430 47,049 Principal, interest and escrow servicing advances 94,835 77,800 Guaranteed mortgage loan claims receivable 101,243 108,946 Operating ROU assets (Note 28) 152,767 149,849 Finance ROU assets (Note 28) 13,157 12,888 Others 176,849 152,032 Total other assets $ 1,833,444 $ 1,819,615

Goodwill and other intangible_2

Goodwill and other intangible assets (Tables)	6 Months Ended
	Jun. 30, 2020
Goodwill and Intangible Assets Disclosure
Carrying Amount of Goodwill by Reportable Segments and Corporate Group	June 30, 2020 Balance at Balance at June 30, Accumulated June 30, 2020 impairment 2020 (In thousands) (gross amounts) losses (net amounts) Banco Popular de Puerto Rico $ 324,049 $ 3,801 $ 320,248 Popular U.S. 515,285 164,411 350,874 Total Popular, Inc. $ 839,334 $ 168,212 $ 671,122 December 31, 2019 Balance at Balance at December 31, Accumulated December 31, 2019 impairment 2019 (In thousands) (gross amounts) losses (net amounts) Banco Popular de Puerto Rico $ 324,049 $ 3,801 $ 320,248 Popular U.S. 515,285 164,411 350,874 Total Popular, Inc. $ 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 June 30, 2020 Core deposits $ 12,810 $ 6,832 $ 5,978 Other customer relationships 26,573 14,504 12,069 Trademark 488 188 300 Total other intangible assets $ 39,871 $ 21,524 $ 18,347 December 31, 2019 Core deposits $ 37,224 $ 29,792 $ 7,432 Other customer relationships 42,909 28,075 14,834 Trademark 488 138 350 Total other intangible assets $ 80,621 $ 58,005 $ 22,616
Schedule Of Expected Amortization Expense Table Text Block	(In thousands) Remaining 2020 $ 2,101 Year 2021 3,559 Year 2022 2,683 Year 2023 2,642 Year 2024 2,355 Later years 5,007

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Jun. 30, 2020
Deposits [Abstract]
Interest bearing deposits	(In thousands) June 30, 2020 December 31, 2019 Savings accounts $ 12,632,255 $ 10,618,629 NOW, money market and other interest bearing demand deposits 20,559,841 16,305,007 Total savings, NOW, money market and other interest bearing demand deposits 33,192,096 26,923,636 Certificates of deposit: Under $100,000 3,173,952 3,133,840 $100,000 and over 4,957,742 4,540,957 Total certificates of deposit 8,131,694 7,674,797 Total interest bearing deposits $ 41,323,790 $ 34,598,433
Summary Of Certificates Of Deposit By Maturity Disclosures	(In thousands) 2020 $ 3,937,328 2021 1,723,772 2022 853,961 2023 622,509 2024 581,619 2025 and thereafter 412,505 Total certificates of deposit $ 8,131,694

Borrowings (Tables)

Borrowings (Tables)	6 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
Schedule of Repurchase Agreements	June 30, 2020 December 31, 2019 Repurchase Repurchase (In thousands) liability liability U.S. Treasury securities Within 30 days $ 66,828 $ 88,646 After 30 to 90 days 9,732 78,061 After 90 days 72,123 24,538 Total U.S. Treasury securities 148,683 191,245 Mortgage-backed securities Within 30 days 3,110 1,235 After 90 days 310 - Total mortgage-backed securities 3,420 1,235 Collateralized mortgage obligations Within 30 days 962 898 Total collateralized mortgage obligations 962 898 Total $ 153,065 $ 193,378
Notes Payable	(In thousands) June 30, 2020 December 31, 2019 Advances with the FHLB with maturities ranging from 2020 through 2029 paying interest at monthly fixed rates ranging from 0.73% to 4.19% $ 504,409 $ 421,399 Advances with the FRB maturing on 2022 paying interest annually at a fixed rate of 0.35% 1,009 - Unsecured senior debt securities maturing on 2023 paying interest semiannually at a fixed rate of 6.125%, net of debt issuance costs of $ 4,059 295,941 295,307 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 $ 382 384,915 384,902 Total notes payable $ 1,186,274 $ 1,101,608 Note: Refer to the Corporation's 2019 Form 10-K for rates information at December 31, 2019.
Maturity distribution of debt securities	Assets sold under (In thousands) agreements to repurchase Notes payable Total 2020 $ 90,412 $ 72,930 $ 163,342 2021 62,653 50,040 112,693 2022 - 104,156 104,156 2023 - 319,201 319,201 2024 - 48,373 48,373 Later years - 591,574 591,574 Total borrowings $ 153,065 $ 1,186,274 $ 1,339,339

Other liabilities (Tables)

Other liabilities (Tables)	6 Months Ended
	Jun. 30, 2020
Other Liabilities Disclosure Abstract
Other Liabilities Table Text Block	(In thousands) June 30, 2020 December 31, 2019 Accrued expenses $ 218,157 $ 273,184 Accrued interest payable 40,605 44,026 Accounts payable 69,523 65,688 Dividends payable 33,663 29,027 Trades payable 470,849 4,084 Liability for GNMA loans sold with an option to repurchase 522,191 102,663 Reserves for loan indemnifications 34,427 38,074 Reserve for operational losses 37,055 35,665 Operating lease liabilities (Note 28) 167,951 165,139 Finance lease liabilities (Note 28) 20,020 19,810 Pension benefit obligation 44,983 52,616 Postretirement benefit obligation 168,362 168,681 Others 53,762 46,296 Total other liabilities $ 1,881,548 $ 1,044,953

Other comprehensive income (l_2

Other comprehensive income (loss) (Tables)	6 Months Ended
	Jun. 30, 2020
Accumulated Other Comprehensive Income (Loss)
Schedule of accumulated other comprehensive income	Changes in Accumulated Other Comprehensive Income (Loss) by Component [1] Quarters ended Six months ended June 30, June 30, (In thousands) 2020 2019 2020 2019 Foreign currency translation Beginning Balance $ ( 58,601) $ ( 51,174) $ ( 56,783) $ ( 49,936) Other comprehensive loss ( 10,857) ( 1,204) ( 12,675) ( 2,442) Net change ( 10,857) ( 1,204) ( 12,675) ( 2,442) Ending balance $ ( 69,458) $ ( 52,378) $ ( 69,458) $ ( 52,378) Adjustment of pension and postretirement benefit plans Beginning Balance $ ( 199,465) $ ( 200,163) $ ( 202,816) $ ( 203,836) Amounts reclassified from accumulated other comprehensive loss for amortization of net losses 3,351 3,672 6,702 7,345 Net change 3,351 3,672 6,702 7,345 Ending balance $ ( 196,114) $ ( 196,491) $ ( 196,114) $ ( 196,491) Unrealized net holding gains on debt securities Beginning Balance $ 473,931 $ ( 72,408) $ 92,155 $ ( 173,811) Other comprehensive income 15,174 130,452 396,950 231,855 Net change 15,174 130,452 396,950 231,855 Ending balance $ 489,105 $ 58,044 $ 489,105 $ 58,044 Unrealized net losses on cash flow hedges Beginning Balance $ ( 5,242) $ ( 234) $ ( 2,494) $ ( 391) Reclassification to retained earnings due to cumulative effect adjustment of accounting change - - - ( 50) Other comprehensive loss before reclassifications ( 393) ( 711) ( 3,982) ( 1,148) Amounts reclassified from accumulated other comprehensive loss 1,451 557 2,292 1,201 Net change 1,058 ( 154) ( 1,690) 3 Ending balance $ ( 4,184) $ ( 388) $ ( 4,184) $ ( 388) Total $ 219,349 $ ( 191,213) $ 219,349 $ ( 191,213) [1] All amounts presented are net of tax.
Reclassification out of accumulated other comprehensive income	Reclassifications Out of Accumulated Other Comprehensive Income (Loss) Quarters ended Six months ended Affected Line Item in the June 30, June 30, (In thousands) Consolidated Statements of Operations 2020 2019 2020 2019 Adjustment of pension and postretirement benefit plans Amortization of net losses Personnel costs $ ( 5,362) $ ( 5,876) $ ( 10,724) $ ( 11,752) Total before tax ( 5,362) ( 5,876) ( 10,724) ( 11,752) Income tax benefit 2,011 2,204 4,022 4,407 Total net of tax $ ( 3,351) $ ( 3,672) $ ( 6,702) $ ( 7,345) Unrealized net losses on cash flow hedges Forward contracts Mortgage banking activities $ ( 1,963) $ ( 891) $ ( 3,259) $ ( 1,921) Interest rate swaps Other operating income ( 224) - ( 255) - Total before tax ( 2,187) ( 891) ( 3,514) ( 1,921) Income tax benefit 736 334 1,222 720 Total net of tax $ ( 1,451) $ ( 557) $ ( 2,292) $ ( 1,201) Total reclassification adjustments, net of tax $ ( 4,802) $ ( 4,229) $ ( 8,994) $ ( 8,546)

Guarantees (Tables)

Guarantees (Tables)	6 Months Ended
	Jun. 30, 2020
Guarantee on loans sold or serviced with credit recourse
Guarantor Obligations
Credit recourse agreements reserve	Quarters ended June 30, Six months ended June 30, (In thousands) 2020 2019 2020 2019 Balance as of beginning of period $ 31,719 $ 52,011 $ 34,862 $ 56,230 Impact of adopting CECL - - ( 3,831) - Provision for recourse liability 1,050 1,267 5,414 956 Net charge-offs ( 1,464) ( 5,178) ( 5,140) ( 9,086) Balance as of end of period $ 31,305 $ 48,100 $ 31,305 $ 48,100
Banco Popular de Puerto Rico | Guarantee on loans sold or serviced with representation and warranties
Guarantor Obligations
Estimated losses associated with indemnifications and representations and warranties related to loans sold	Quarters ended June 30, Six months ended June 30, (In thousands) 2020 2019 2020 2019 Balance as of beginning of period $ 3,143 $ 10,866 $ 3,212 $ 10,837 Provision (reversal) for representation and warranties ( 21) ( 4,511) ( 90) ( 4,407) Net charge-offs - - - ( 75) Settlements paid - ( 2,530) - ( 2,530) Balance as of end of period $ 3,122 $ 3,825 $ 3,122 $ 3,825

Commitments and contingencies (

Commitments and contingencies (Tables)	6 Months Ended
	Jun. 30, 2020
Commitments and Contingencies Disclosure
Schedule Of Fair Value Off Balance Sheet Risks Text Block	(In thousands) June 30, 2020 December 31, 2019 Commitments to extend credit: Credit card lines $ 5,042,116 $ 4,889,694 Commercial and construction lines of credit 2,957,285 3,205,306 Other consumer unused credit commitments 266,293 262,516 Commercial letters of credit 1,987 2,629 Standby letters of credit 57,835 75,186 Commitments to originate or fund mortgage loans 97,159 96,653
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 18 - 18 18 After 10 years 33 - 33 33 Total Central Government 58 - 58 58 Municipalities Within 1 year 3,920 78,107 82,027 82,027 After 1 to 5 years 16,390 139,218 155,608 155,608 After 5 to 10 years 16,660 82,967 99,627 99,627 After 10 years 655 90,601 91,256 91,256 Total Municipalities 37,625 390,893 428,518 428,518 Total Direct Government Exposure $ 37,683 $ 390,893 $ 428,576 $ 428,576

Non-consolidated variable int_2

Non-consolidated variable interest entities (Tables)	6 Months Ended
	Jun. 30, 2020
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	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 June 30, 2020 and December 31, 2019. (In thousands) June 30, 2020 December 31, 2019 Assets Servicing assets: Mortgage servicing rights $ 107,628 $ 115,718 Total servicing assets $ 107,628 $ 115,718 Other assets: Servicing advances $ 36,838 $ 29,212 Total other assets $ 36,838 $ 29,212 Total assets $ 144,466 $ 144,930 Maximum exposure to loss $ 144,466 $ 144,930

Related party transactions (Tab

Related party transactions (Tables) - EVERTEC Inc.	6 Months Ended
	Jun. 30, 2020
Schedule Equity Method Investments Table [Text Block]	(In thousands) June 30, 2020 December 31, 2019 Equity investment in EVERTEC $ 76,420 $ 73,534
Balance Sheet Data Resulting From Related Party Transactions Table [Text Block]	(In thousands) June 30, 2020 December 31, 2019 Accounts receivable (Other assets) $ 4,849 $ 7,779 Deposits ( 161,950) ( 63,850) Accounts payable (Other liabilities) ( 351) ( 1,290) Net total $ ( 157,452) $ ( 57,361)
Proportionate Share Of Income Loss And Changes In Stockholders Equity TableTextBlock	Quarter ended Six months ended (In thousands) June 30, 2020 June 30, 2020 Share of income from the investment in EVERTEC $ 2,511 $ 6,113 Share of other changes in EVERTEC's stockholders' equity ( 119) 666 Share of EVERTEC's changes in equity recognized in income $ 2,392 $ 6,779 Quarter ended Six months ended (In thousands) June 30, 2019 June 30, 2019 Share of income from the investment in EVERTEC $ 1,432 $ 8,700 Share of other changes in EVERTEC's stockholders' equity 2,157 81 Share of EVERTEC's changes in equity recognized in income $ 3,589 $ 8,781
Income Statement Data Resulting From Related Party Transactions Table [Text Block]	Quarter ended Six months ended (In thousands) June 30, 2020 June 30, 2020 Category Interest expense on deposits $ ( 90) $ ( 157) Interest expense ATH and credit cards interchange income from services to EVERTEC 4,530 10,019 Other service fees Rental income charged to EVERTEC 1,768 3,536 Net occupancy Processing fees on services provided by EVERTEC ( 51,405) ( 107,001) Professional fees Other services provided to EVERTEC 280 541 Other operating expenses Total $ ( 44,917) $ ( 93,062) Quarter ended Six months ended (In thousands) June 30, 2019 June 30, 2019 Category Interest expense on deposits $ ( 15) $ ( 32) Interest expense ATH and credit cards interchange income from services to EVERTEC 8,457 16,676 Other service fees Rental income charged to EVERTEC 1,796 3,593 Net occupancy Processing fees on services provided by EVERTEC ( 54,491) ( 108,353) Professional fees Other services provided to EVERTEC 350 626 Other operating expenses Total $ ( 43,903) $ ( 87,490)

Fair value measurement (Tables)

Fair value measurement (Tables)	6 Months Ended
	Jun. 30, 2020
Fair Value Disclosures
Assets and Liabilities Measured at Fair Value on a Recurring Basis	At June 30, 2020 (In thousands) Level 1 Level 2 Level 3 Total RECURRING FAIR VALUE MEASUREMENTS Assets Debt securities available-for-sale: U.S. Treasury securities $ 5,998,853 $ 8,009,377 $ - $ 14,008,230 Obligations of U.S. Government sponsored entities - 61,229 - 61,229 Collateralized mortgage obligations - federal agencies - 514,229 - 514,229 Mortgage-backed securities - 6,178,331 1,151 6,179,482 Other - 283 - 283 Total debt securities available-for-sale $ 5,998,853 $ 14,763,449 $ 1,151 $ 20,763,453 Trading account debt securities, excluding derivatives: U.S. Treasury securities $ 3,906 $ - $ - $ 3,906 Obligations of Puerto Rico, States and political subdivisions - 111 - 111 Collateralized mortgage obligations - 76 442 518 Mortgage-backed securities - 25,599 - 25,599 Other - 3,003 423 3,426 Total trading account debt securities, excluding derivatives $ 3,906 $ 28,789 $ 865 $ 33,560 Equity securities $ - $ 25,058 $ - $ 25,058 Mortgage servicing rights - - 141,144 141,144 Derivatives - 15,365 - 15,365 Total assets measured at fair value on a recurring basis $ 6,002,759 $ 14,832,661 $ 143,160 $ 20,978,580 Liabilities Derivatives $ - $ ( 12,612) $ - $ ( 12,612) Total liabilities measured at fair value on a recurring basis $ - $ ( 12,612) $ - $ ( 12,612) At December 31, 2019 (In thousands) Level 1 Level 2 Level 3 Total RECURRING FAIR VALUE MEASUREMENTS Assets Debt securities available-for-sale: U.S. Treasury securities $ 3,841,715 $ 8,214,540 $ - $ 12,056,255 Obligations of U.S. Government sponsored entities - 122,404 - 122,404 Obligations of Puerto Rico, States and political subdivisions - 6,975 - 6,975 Collateralized mortgage obligations - federal agencies - 586,175 - 586,175 Mortgage-backed securities - 4,875,132 1,182 4,876,314 Other - 350 - 350 Total debt securities available-for-sale $ 3,841,715 $ 13,805,576 $ 1,182 $ 17,648,473 Trading account debt securities, excluding derivatives: U.S. Treasury securities $ 7,081 $ 2 $ - $ 7,083 Obligations of Puerto Rico, States and political subdivisions - 633 - 633 Collateralized mortgage obligations - 76 530 606 Mortgage-backed securities - 28,556 - 28,556 Other - 3,003 440 3,443 Total trading account debt securities, excluding derivatives $ 7,081 $ 32,270 $ 970 $ 40,321 Equity securities $ - $ 21,327 $ - $ 21,327 Mortgage servicing rights - - 150,906 150,906 Derivatives - 17,966 - 17,966 Total assets measured at fair value on a recurring basis $ 3,848,796 $ 13,877,139 $ 153,058 $ 17,878,993 Liabilities Derivatives $ - $ ( 16,619) $ - $ ( 16,619) Total liabilities measured at fair value on a recurring basis $ - $ ( 16,619) $ - $ ( 16,619)
Nonrecurring fair value measurements	Six months ended June 30, 2020 (In thousands) Level 1 Level 2 Level 3 Total NONRECURRING FAIR VALUE MEASUREMENTS Assets Write-downs Loans [1] $ - $ - $ 5,121 $ 5,121 $ ( 872) Other real estate owned [2] - - 17,581 17,581 ( 2,636) Other foreclosed assets [2] - - 1,021 1,021 ( 152) Total assets measured at fair value on a nonrecurring basis $ - $ - $ 23,723 $ 23,723 $ ( 3,660) [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. 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. Six months ended June 30, 2019 (In thousands) Level 1 Level 2 Level 3 Total NONRECURRING FAIR VALUE MEASUREMENTS Assets Write-downs Loans [1] $ - $ - $ 41,793 $ 41,793 $ ( 10,605) Other real estate owned [2] - - 15,065 15,065 ( 2,937) Other foreclosed assets [2] - - 1,220 1,220 ( 135) Total assets measured at fair value on a nonrecurring basis $ - $ - $ 58,078 $ 58,078 $ ( 13,677) [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. 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 June 30, 2020 MBS CMOs Other classified classified securities as debt as trading classified securities account as trading Mortgage available- debt account debt servicing Total (In thousands) for-sale securities securities rights assets Balance at March 31, 2020 $ 1,177 $ 467 $ 428 $ 147,311 $ 149,383 Gains (losses) included in earnings - ( 1) ( 5) ( 7,640) ( 7,646) Gains (losses) included in OCI ( 1) - - - ( 1) Additions - - - 1,473 1,473 Settlements ( 25) ( 24) - - ( 49) Balance at June 30, 2020 $ 1,151 $ 442 $ 423 $ 141,144 $ 143,160 Changes in unrealized gains (losses) included in earnings relating to assets still held at June 30, 2020 $ - $ ( 1) $ 2 $ ( 4,947) $ ( 4,946) Six months ended June 30, 2020 MBS Other classified CMOs securities as investment classified classified securities as trading as trading Mortgage available- account account servicing Total (In thousands) for-sale securities securities rights assets Balance at January 1, 2020 $ 1,182 $ 530 $ 440 $ 150,906 $ 153,058 Gains (losses) included in earnings - - ( 17) ( 12,869) ( 12,886) Gains (losses) included in OCI ( 6) - - - ( 6) Additions - 2 - 3,107 3,109 Settlements ( 25) ( 90) - - ( 115) Balance at June 30, 2020 $ 1,151 $ 442 $ 423 $ 141,144 $ 143,160 Changes in unrealized gains (losses) included in earnings relating to assets still held at June 30, 2020 $ - $ 1 $ 8 $ ( 7,386) $ ( 7,377) Quarter ended June 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 March 31, 2019 $ 1,235 $ 595 $ 43 $ 478 $ 167,813 $ 170,164 Gains (losses) included in earnings - 1 ( 1) ( 10) ( 17,186) ( 17,196) Additions - 50 25 - 2,394 2,469 Settlements - ( 28) ( 41) - - ( 69) Balance at June 30, 2019 $ 1,235 $ 618 $ 26 $ 468 $ 153,021 $ 155,368 Changes in unrealized gains (losses) included in earnings relating to assets still held at June 30, 2019 $ - $ 1 $ 1 $ 5 $ ( 13,671) $ ( 13,664) Six months ended June 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 ( 1) ( 17) ( 21,011) ( 21,028) Gains (losses) included in OCI 2 - - - - 2 Additions - 64 25 - 4,255 4,344 Settlements - ( 58) ( 41) - - ( 99) Balance at June 30, 2019 $ 1,235 $ 618 $ 26 $ 468 $ 153,021 $ 155,368 Changes in unrealized gains (losses) included in earnings relating to assets still held at June 30, 2019 $ - $ 1 $ 1 $ 8 $ ( 14,418) $ ( 14,408)
Gain (loss) included in earnings, measured on recurring basis	Quarter ended June 30, 2020 Six months ended June 30, 2020 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 $ ( 7,640) $ ( 4,947) $ ( 12,869) $ ( 7,386) Trading account profit (loss) ( 6) 1 ( 17) 9 Total $ ( 7,646) $ ( 4,946) $ ( 12,886) $ ( 7,377) Quarter ended June 30, 2019 Six months ended June 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 $ ( 17,186) $ ( 13,671) $ ( 21,011) $ ( 14,418) Trading account profit (loss) ( 10) 7 ( 17) 10 Total $ ( 17,196) $ ( 13,664) $ ( 21,028) $ ( 14,408)
Fair value measurements, recurring and nonrecurring valuation techniques	Fair value at June 30, (In thousands) 2020 Valuation technique Unobservable inputs Weighted average (range) [1] CMO's - trading $ 442 Discounted cash flow model Weighted average life 1.4 years ( 0.7 - 1.5 years) Yield 3.8% ( 3.7% - 4.3%) Prepayment speed 18.3% ( 15.2% - 19.6%) Other - trading $ 423 Discounted cash flow model Weighted average life 3.8 years Yield 12.0% Prepayment speed 10.8% Mortgage servicing rights $ 141,144 Discounted cash flow model Prepayment speed 6.7%( 0.3% - 24.6%) Weighted average life 6.2 years ( 0.1 - 14.4 years) Discount rate 11.2% ( 9.5% - 14.7%) Loans held-in-portfolio $ 5,121 [2] External appraisal Haircut applied on external appraisals 24.6% ( 10.0% - 40.1%) Other real estate owned $ 11,853 [3] External appraisal Haircut applied on external appraisals 21.7% ( 5.0% - 30.0%) [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 at June 30, (In thousands) 2019 Valuation technique Unobservable inputs Weighted average (range) [1] CMO's - trading $ 618 Discounted cash flow model Weighted average life 1.7 years ( 1.1 - 1.9 years) Yield 4.0% ( 3.9% - 4.4%) Prepayment speed 18.5% ( 15.2% - 20.9%) Other - trading $ 468 Discounted cash flow model Weighted average life 5.2 years Yield 12.0% Prepayment speed 10.8% Mortgage servicing rights $ 153,021 Discounted cash flow model Prepayment speed 6.1% ( 0.2% - 23.3%) Weighted average life 7.4 years ( 0.1 - 15.1 years) Discount rate 11.2% ( 9.5% - 14.7%) Loans held-in-portfolio $ 38,161 [2] External appraisal Haircut applied on external appraisals 10.2% ( 10.0% - 35.0%) Other real estate owned $ 12,596 [3] External appraisal Haircut applied on external appraisals 24.0% ( 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)	6 Months Ended
	Jun. 30, 2020
Fair Value Disclosures
Fair Value By Balance Sheet Grouping Text Block	June 30, 2020 Carrying (In thousands) amount Level 1 Level 2 Level 3 Fair value Financial Assets: Cash and due from banks $ 435,080 $ 435,080 $ - $ - $ 435,080 Money market investments 9,625,278 9,619,232 6,046 - 9,625,278 Trading account debt securities, excluding derivatives [1] 33,560 3,906 28,789 865 33,560 Debt securities available-for-sale [1] 20,763,453 5,998,853 14,763,449 1,151 20,763,453 Debt securities held-to-maturity: Obligations of Puerto Rico, States and political subdivisions $ 70,593 $ - $ - $ 71,553 $ 71,553 Collateralized mortgage obligation-federal agency 40 - - 42 42 Securities in wholly owned statutory business trusts 11,561 - 11,561 - 11,561 Other 500 - 500 - 500 Total debt securities held-to-maturity $ 82,694 $ - $ 12,061 $ 71,595 $ 83,656 Equity securities: FHLB stock $ 48,086 $ - $ 48,086 $ - $ 48,086 FRB stock 92,029 - 92,029 - 92,029 Other investments 26,361 - 25,058 5,781 30,839 Total equity securities $ 166,476 $ - $ 165,173 $ 5,781 $ 170,954 Loans held-for-sale $ 68,725 $ - $ - $ 70,525 $ 70,525 Loans held-in-portfolio 28,152,119 - - 26,435,627 26,435,627 Mortgage servicing rights 141,144 - - 141,144 141,144 Derivatives 15,365 - 15,365 - 15,365 June 30, 2020 Carrying (In thousands) amount Level 1 Level 2 Level 3 Fair value Financial Liabilities: Deposits: Demand deposits $ 45,712,606 $ - $ 45,712,606 $ - $ 45,712,606 Time deposits 8,131,694 - 8,125,875 - 8,125,875 Total deposits $ 53,844,300 $ - $ 53,838,481 $ - $ 53,838,481 Assets sold under agreements to repurchase $ 153,065 $ - $ 152,510 $ - $ 152,510 Notes payable: FHLB advances $ 504,409 $ - $ 525,562 $ - $ 525,562 Unsecured senior debt securities 295,941 - 290,946 - 290,946 Junior subordinated deferrable interest debentures (related to trust preferred securities) 384,915 - 384,475 - 384,475 FRB advances 1,009 - 1,009 - 1,009 Total notes payable $ 1,186,274 $ - $ 1,201,992 $ - $ 1,201,992 Derivatives $ 12,612 $ - $ 12,612 $ - $ 12,612 [1] Refer to Note 24 to the Consolidated Financial Statements for the fair value by class of financial asset and its hierarchy level December 31, 2019 Carrying (In thousands) amount Level 1 Level 2 Level 3 Fair value Financial Assets: Cash and due from banks $ 388,311 $ 388,311 $ - $ - $ 388,311 Money market investments 3,262,286 3,256,274 6,012 - 3,262,286 Trading account debt securities, excluding derivatives [1] 40,321 7,081 32,270 970 40,321 Debt securities available-for-sale [1] 17,648,473 3,841,715 13,805,576 1,182 17,648,473 Debt securities held-to-maturity: Obligations of Puerto Rico, States and political subdivisions $ 85,556 $ - $ - $ 93,002 $ 93,002 Collateralized mortgage obligation-federal agency 45 - - 47 47 Securities in wholly owned statutory business trusts 11,561 - 11,561 - 11,561 Other 500 - 500 - 500 Total debt securities held-to-maturity $ 97,662 $ - $ 12,061 $ 93,049 $ 105,110 Equity securities: FHLB stock $ 43,787 $ - $ 43,787 $ - $ 43,787 FRB stock 93,470 - 93,470 - 93,470 Other investments 22,630 - 21,328 7,367 28,695 Total equity securities $ 159,887 $ - $ 158,585 $ 7,367 $ 165,952 Loans held-for-sale $ 59,203 $ - $ - $ 60,030 $ 60,030 Loans held-in-portfolio 26,929,165 - - 25,051,400 25,051,400 Mortgage servicing rights 150,906 - - 150,906 150,906 Derivatives 17,966 - 17,966 - 17,966 December 31, 2019 Carrying (In thousands) amount Level 1 Level 2 Level 3 Fair value Financial Liabilities: Deposits: Demand deposits $ 36,083,809 $ - $ 36,083,809 $ - $ 36,083,809 Time deposits 7,674,797 - 7,598,732 - 7,598,732 Total deposits $ 43,758,606 $ - $ 43,682,541 $ - $ 43,682,541 Assets sold under agreements to repurchase $ 193,378 $ - $ 193,271 $ - $ 193,271 Notes payable: FHLB advances $ 421,399 $ - $ 429,718 $ - $ 429,718 Unsecured senior debt 295,307 - 323,415 - 323,415 Junior subordinated deferrable interest debentures (related to trust preferred securities) 384,902 - 395,216 - 395,216 Total notes payable $ 1,101,608 $ - $ 1,148,349 $ - $ 1,148,349 Derivatives $ 16,619 $ - $ 16,619 $ - $ 16,619 [1] Refer to Note 24 to the Consolidated Financial Statements for the fair value by class of financial asset and its hierarchy level.

Net income per common share (Ta

Net income per common share (Tables)	6 Months Ended
	Jun. 30, 2020
Earnings Per Share
Computation of Net Income (Loss) Per Common Share ("EPS"), Basic and Diluted	Quarters ended June 30, Six months ended June 30, (In thousands, except per share information) 2020 2019 2020 2019 Net income $ 127,628 $ 171,106 $ 161,930 $ 339,031 Preferred stock dividends ( 353) ( 931) ( 1,053) ( 1,862) Net income applicable to common stock $ 127,275 $ 170,175 $ 160,877 $ 337,169 Average common shares outstanding 85,135,522 96,305,118 87,962,040 97,437,141 Average potential dilutive common shares 26,139 152,330 77,672 154,848 Average common shares outstanding - assuming dilution 85,161,661 96,457,448 88,039,712 97,591,989 Basic EPS $ 1.49 $ 1.77 $ 1.83 $ 3.46 Diluted EPS $ 1.49 $ 1.76 $ 1.83 $ 3.45

Revenue from contracts with c_2

Revenue from contracts with customers (Tables)	6 Months Ended
	Jun. 30, 2020
Revenue From Contract With Customer Abstract
Disaggregation Of Revenue [Table Text Block]	The following table presents the Corporation’s revenue streams from contracts with customers by reportable segment for the quarters and six months ended June 30, 2020 and 2019 Quarter ended June 30, Six months ended June 30, (In thousands) 2020 2020 BPPR Popular U.S. BPPR Popular U.S. Service charges on deposit accounts $ 28,104 $ 2,059 $ 66,435 $ 5,387 Other service fees: Debit card fees 6,853 229 16,852 467 Insurance fees, excluding reinsurance 8,183 531 15,871 1,268 Credit card fees, excluding late fees and membership fees 17,378 161 37,146 403 Sale and administration of investment products 4,910 - 11,173 - Trust fees 5,731 - 11,117 - Total revenue from contracts with customers [1] $ 71,159 $ 2,980 $ 158,594 $ 7,525 [1] The amounts include intersegment transactions of $ 2.1 million and $ 2.4 million, respectively, for the quarter and six months ended June 30, 2020. Quarter ended June 30, Six months ended June 30, (In thousands) 2019 2019 BPPR Popular U.S. BPPR Popular U.S. Service charges on deposit accounts $ 36,035 $ 3,582 $ 71,099 $ 7,209 Other service fees: Debit card fees 11,752 282 22,651 553 Insurance fees, excluding reinsurance 13,420 831 20,865 1,601 Credit card fees, excluding late fees and membership fees 21,392 223 39,678 439 Sale and administration of investment products 5,732 - 10,991 - Trust fees 5,752 - 10,567 - Total revenue from contracts with customers [1] $ 94,083 $ 4,918 $ 175,851 $ 9,802 [1] The amounts include intersegment transactions of $ 1.9 million and $ 2.1 million, respectively, for the quarter and six months ended June 30, 2019.

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2020
Leases [Abstract]
Lease Liability Maturity	June 30, 2020 (In thousands) Remaining 2020 2021 2022 2023 2024 Later Years Total Lease Payments Less: Imputed Interest Total Operating Leases $ 15,955 $ 30,619 $ 26,527 $ 24,225 $ 23,130 $ 73,346 $ 193,802 $ ( 25,851) $ 167,951 Finance Leases 1,613 3,299 3,392 3,489 3,594 8,938 24,325 ( 4,305) 20,020 December 31, 2019 (In thousands) 2020 2021 2022 2023 2024 Later Years Total Lease Payments Less: Imputed Interest Total Operating Leases $ 29,872 $ 27,445 $ 23,540 $ 21,257 $ 20,176 $ 70,842 $ 193,132 $ ( 27,993) $ 165,139 Finance Leases 3,068 3,159 3,252 3,349 3,448 8,220 24,496 ( 4,686) 19,810
Leases cost	Quarters ended June 30, Six months ended June 30, (In thousands) 2020 2019 2020 2019 Finance lease cost: Amortization of ROU assets $ 467 $ 385 $ 987 $ 843 Interest on lease liabilities 288 284 601 605 Operating lease cost 7,914 7,768 15,828 15,923 Short-term lease cost 77 51 134 75 Variable lease cost 14 2 25 2 Sublease income ( 30) ( 30) ( 60) ( 55) Net gain recognized from sale and leaseback transaction [1] ( 5,550) - ( 5,550) - Total lease cost [2] $ 3,180 $ 8,460 $ 11,965 $ 17,393 [1] During the quarter ended June 30, 2020, the Corporation recognized the transfer of the Caparra Center as a sale. Since the sale and partial leaseback was considered to be at fair value, no portion of the gain on sale was deferred. [2] Total lease cost is recognized as part of net occupancy expense, except for the net gain recognized from the sale and leaseback transaction which was included as part of other operating income.
Leases supplemental information	The following table presents supplemental cash flow information and other related information related to operating and finance leases. Six months ended (Dollars in thousands) June 30, 2020 June 30, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 15,769 $ 14,976 Operating cash flows from finance leases 601 611 Financing cash flows from finance leases 1,047 837 ROU assets obtained in exchange for new lease obligations: Operating leases [1] $ 11,457 $ 4,008 Weighted-average remaining lease term: Operating leases 8.3 years 8.5 years Finance leases 7.0 years 7.7 years Weighted-average discount rate: Operating leases 3.2 % 3.7 % Finance leases 5.7 % 6.0 % [1] During the quarter ended June 30, 2020, the Corporation recognized a lease liability of $ 11.1 million and a corresponding ROU asset for the same amount as a result of the partial leaseback of the Caparra Center.

Pension and postretirement be_2

Pension and postretirement benefits (Tables)	6 Months Ended
	Jun. 30, 2020
Compensation And Retirement Disclosure [Abstract]
Components of Net Periodic Pension/Postretirement Benefit Cost	Pension Plans OPEB Plan Quarters ended June 30, Quarters ended June 30, (In thousands) 2020 2019 2020 2019 Personnel Cost: Service cost $ - $ - $ 178 $ 190 Other operating expenses: Interest cost 5,847 7,110 1,228 1,489 Expected return on plan assets ( 9,526) ( 8,096) - - Amortization of prior service cost/(credit) - - - - Amortization of net loss 5,220 5,876 142 - Total net periodic pension cost $ 1,541 $ 4,890 $ 1,548 $ 1,679 Pension Plans OPEB Plan Six months ended June 30, Six months ended June 30, (In thousands) 2020 2019 2020 2019 Personnel Cost: Service cost $ - $ - $ 356 $ 380 Other operating expenses: Interest cost 11,694 14,219 2,456 2,977 Expected return on plan assets ( 19,052) ( 16,192) - - Amortization prior service cost/(credit) - - - - Amortization of net loss 10,440 11,752 284 - Total net periodic pension cost $ 3,082 $ 9,779 $ 3,096 $ 3,357
Schedule of accumulated and projected benefit obligations	For the six months ended For the year ending (In thousands) June 30, 2020 December 31, 2020 Pension Plans $ 114 $ 229 OPEB Plan $ 2,585 $ 6,516

Stock-based compensation (Table

Stock-based compensation (Tables)	6 Months Ended
	Jun. 30, 2020
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, 2018 382,186 $ 36.41 Granted 218,169 55.55 Performance Shares Quantity Adjustment 15,061 55.72 Vested ( 270,051) 44.73 Non-vested at December 31, 2019 345,365 $ 41.68 Granted 278,060 43.20 Performance Shares Quantity Adjustment ( 7) 48.79 Vested ( 245,002) 43.10 Forfeited ( 3,555) 43.72 Non-vested at June 30, 2020 374,861 $ 41.51
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, 2018 - $ - - $ - Granted 1,052 49.25 27,449 57.64 Vested ( 1,052) 49.25 ( 27,449) 57.64 Forfeited - - - - Non-vested at December 31, 2019 - $ - - $ - Granted - - 42,301 35.44 Vested - - ( 42,301) 35.44 Forfeited - - - - Non-vested at June 30, 2020 - $ - - $ -

Income taxes (Tables)

Income taxes (Tables)	6 Months Ended
	Jun. 30, 2020
Components of Deferred Tax Assets and Liabilities	June 30, 2020 (In thousands) PR US Total Deferred tax assets: Tax credits available for carryforward $ 3,003 $ 5,269 $ 8,272 Net operating loss and other carryforward available 119,928 710,208 830,136 Postretirement and pension benefits 79,712 - 79,712 Deferred loan origination fees 16,926 ( 2,213) 14,713 Allowance for credit losses 438,379 39,319 477,698 Accelerated depreciation 3,439 4,922 8,361 FDIC-assisted transaction 83,016 - 83,016 Intercompany deferred gains 1,749 - 1,749 Lease liability 23,679 21,832 45,511 Difference in outside basis from pass-through entities 57,001 - 57,001 Other temporary differences 34,366 7,821 42,187 Total gross deferred tax assets 861,198 787,158 1,648,356 Deferred tax liabilities: Indefinite-lived intangibles 39,075 38,122 77,197 Unrealized net gain (loss) on trading and available-for-sale securities 79,510 8,465 87,975 Right of use assets 21,607 19,927 41,534 Other temporary differences 13,080 1,180 14,260 Total gross deferred tax liabilities 153,272 67,694 220,966 Valuation allowance 108,250 406,919 515,169 Net deferred tax asset $ 599,676 $ 312,545 $ 912,221 December 31, 2019 (In thousands) PR US Total Deferred tax assets: Tax credits available for carryforward $ 2,368 $ 5,269 $ 7,637 Net operating loss and other carryforward available 112,803 716,796 829,599 Postretirement and pension benefits 82,623 - 82,623 Deferred loan origination fees 2,519 ( 2,759) ( 240) Allowance for loan losses 405,475 10,981 416,456 Accelerated depreciation 3,439 4,914 8,353 FDIC-assisted transaction 82,684 - 82,684 Intercompany deferred gains 1,604 - 1,604 Lease liability 22,694 23,387 46,081 Difference in outside basis from pass-through entities 21,670 - 21,670 Other temporary differences 26,554 7,460 34,014 Total gross deferred tax assets 764,433 766,048 1,530,481 Deferred tax liabilities: Indefinite-lived intangibles 37,411 36,058 73,469 Unrealized net gain (loss) on trading and available-for-sale securities 15,635 432 16,067 Right of use assets 20,598 21,430 42,028 Other temporary differences 12,778 1,179 13,957 Total gross deferred tax liabilities 86,422 59,099 145,521 Valuation allowance 100,175 399,800 499,975 Net deferred tax asset $ 577,836 $ 307,149 $ 884,985
Reconciliation of Unrecognized Tax Benefits	(In millions) 2020 2019 Balance at January 1 $ 16.3 $ 7.2 Additions for tax positions - January through March - 0.3 Balance at March 31 $ 16.3 $ 7.5 Additions for tax positions - April through June - 0.2 Balance at June 30 $ 16.3 $ 7.7
PUERTO RICO
Differences Between Income Tax Expense (Benefit) Applicable to Income Before Income Taxes and Amount Computed by Applying the Statutory Tax Rate in Puerto Rico	Quarters ended June 30, 2020 June 30, 2019 (In thousands) Amount % of pre-tax income Amount % of pre-tax income Computed income tax expense at statutory rates $ 57,096 38 % $ 79,289 38 % Net benefit of tax exempt interest income ( 29,424) ( 19) ( 30,939) ( 15) Deferred tax asset valuation allowance 2,610 2 1,263 1 Difference in tax rates due to multiple jurisdictions ( 4,210) ( 3) ( 2,756) ( 2) Effect of income subject to preferential tax rate ( 2,727) ( 2) ( 2,287) ( 1) Adjustment due to estimate on the annual effective rate ( 2,153) ( 2) 419 - State and local taxes 2,614 2 1,731 1 Others 822 - ( 6,390) ( 3) Income tax expense $ 24,628 16 % $ 40,330 19 % Six months ended June 30, 2020 June 30, 2019 (In thousands) Amount % of pre-tax income Amount % of pre-tax income Computed income tax expense at statutory rates $ 71,121 38 % $ 161,094 38 % Net benefit of tax exempt interest income ( 62,320) ( 33) ( 57,883) ( 14) Deferred tax asset valuation allowance 8,148 4 6,745 2 Difference in tax rates due to multiple jurisdictions 4,665 2 ( 5,618) ( 2) Effect of income subject to preferential tax rate ( 4,627) ( 2) ( 5,215) ( 1) Adjustment due to estimate on the annual effective rate 6,851 4 ( 2,711) ( 1) State and local taxes 2,059 1 3,355 1 Others 1,828 1 ( 9,214) ( 2) Income tax expense $ 27,725 15 % $ 90,553 21 %

Supplemental disclosure on th_2

Supplemental disclosure on the consolidated statements of cash flows (Tables)	6 Months Ended
	Jun. 30, 2020
Supplemental Cash Flow Information
Additional Disclosures on Cash Flow Information and Non-Cash Activities	(In thousands) June 30, 2020 June 30, 2019 Non-cash activities: Loans transferred to other real estate $ 16,394 $ 27,153 Loans transferred to other property 18,306 25,281 Total loans transferred to foreclosed assets 34,700 52,434 Loans transferred to other assets 3,613 12,466 Financed sales of other real estate assets 7,671 8,427 Financed sales of other foreclosed assets 14,845 12,016 Total financed sales of foreclosed assets 22,516 20,443 Financed sale of premises and equipment 31,350 - Transfers from loans held-in-portfolio to loans held-for-sale 28,557 - Transfers from loans held-for-sale to loans held-in-portfolio 11,880 7,406 Loans securitized into investment securities [1] 153,546 210,454 Trades receivable from brokers and counterparties 33,206 46,009 Trades payable to brokers and counterparties 470,849 256,993 Recognition of mortgage servicing rights on securitizations or asset transfers 3,107 4,255 Interest capitalized on loans subject to the temporary payment moratorium 8,496 - Loans booked under the GNMA buy-back option 457,703 26,710 Capitalization of lease right of use asset 17,138 162,768 [1] Includes loans securitized into trading securities and subsequently sold before quarter end.
Reconciliation Of Cash And Due From Banks And Restricted Cash	(In thousands) June 30, 2020 June 30, 2019 Cash and due from banks $ 430,077 $ 366,583 Restricted cash and due from banks 5,002 25,120 Restricted cash in money market investments 6,046 7,979 Total cash and due from banks, and restricted cash [2] $ 441,125 $ 399,682 [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)	6 Months Ended
	Jun. 30, 2020
Table Text Block
Results of Operations and Total Assets	2020 For the quarter ended June 30, 2020 Banco Popular Intersegment (In thousands) de Puerto Rico Popular U.S. Eliminations Net interest income $ 387,164 $ 73,704 $ 4 Provision for credit losses 59,789 2,681 - Non-interest income 95,803 6,413 ( 136) Amortization of intangibles 1,605 166 - Depreciation expense 12,074 2,105 - Other operating expenses 283,533 50,876 ( 135) Income tax expense 18,105 7,267 - Net income $ 107,861 $ 17,022 $ 3 Segment assets $ 51,967,412 $ 10,594,628 $ ( 35,439) For the quarter ended June 30, 2020 Reportable (In thousands) Segments Corporate Eliminations Total Popular, Inc. Net interest income (expense) $ 460,872 $ ( 9,991) $ - $ 450,881 Provision (reversal) for credit losses 62,470 ( 21) - 62,449 Non-interest income 102,080 11,954 ( 1,979) 112,055 Amortization of intangibles 1,771 25 - 1,796 Depreciation expense 14,179 236 - 14,415 Other operating expenses 334,274 ( 1,345) ( 909) 332,020 Income tax expense (benefit) 25,372 ( 330) ( 414) 24,628 Net income $ 124,886 $ 3,398 $ ( 656) $ 127,628 Segment assets $ 62,526,601 $ 5,219,408 $ ( 4,900,657) $ 62,845,352 For the six months ended June 30, 2020 Banco Popular Intersegment (In thousands) de Puerto Rico Popular U.S. Eliminations Net interest income $ 796,790 $ 146,393 $ 7 Provision for credit losses 173,371 78,672 - Non-interest income 207,945 11,645 ( 276) Amortization of intangibles 3,887 333 - Depreciation expense 24,361 4,058 - Other operating expenses 583,910 106,070 ( 272) Income tax expense (benefit) 33,206 ( 4,684) - Net income (loss) $ 186,000 $ ( 26,411) $ 3 Segment assets $ 51,967,412 $ 10,594,628 $ ( 35,439) For the six months ended June 30, 2020 Reportable Total (In thousands) Segments Corporate Eliminations Popular, Inc. Net interest income (expense) $ 943,190 $ ( 19,214) $ - $ 923,976 Provision for credit losses 252,043 137 - 252,180 Non-interest income 219,314 21,415 ( 2,031) 238,698 Amortization of intangibles 4,220 49 - 4,269 Depreciation expense 28,419 482 - 28,901 Other operating expenses 689,708 ( 308) ( 1,731) 687,669 Income tax expense (benefit) 28,522 ( 652) ( 145) 27,725 Net income $ 159,592 $ 2,493 $ ( 155) $ 161,930 Segment assets $ 62,526,601 $ 5,219,408 $ ( 4,900,657) $ 62,845,352 2019 For the quarter ended June 30, 2019 Banco Popular Intersegment (In thousands) de Puerto Rico Popular U.S. Eliminations Net interest income $ 411,549 $ 74,637 $ ( 61) Provision for credit losses 28,821 11,216 - Non-interest income 123,388 5,492 ( 140) Amortization of intangibles 2,180 166 - Depreciation expense 12,243 2,001 - Other operating expenses 297,428 51,741 ( 137) Income tax expense 36,751 4,097 - Net income $ 157,514 $ 10,908 $ ( 64) Segment assets $ 40,698,293 $ 9,723,815 $ ( 114,605) For the quarter ended June 30, 2019 Reportable (In thousands) Segments Corporate Eliminations Total Popular, Inc. Net interest income (expense) $ 486,125 $ ( 9,809) $ - $ 476,316 Provision for credit losses 40,037 154 - 40,191 Non-interest income 128,740 11,339 ( 1,753) 138,326 Amortization of intangibles 2,346 25 - 2,371 Depreciation expense 14,244 185 - 14,429 Other operating expenses 349,032 ( 1,944) ( 873) 346,215 Income tax expense (benefit) 40,848 ( 180) ( 338) 40,330 Net income $ 168,358 $ 3,290 $ ( 542) $ 171,106 Segment assets $ 50,307,503 $ 5,062,632 $ ( 4,752,914) $ 50,617,221 For the six months ended June 30, 2019 Banco Popular Intersegment (In thousands) de Puerto Rico Popular U.S. Eliminations Net interest income $ 818,906 $ 147,465 $ ( 57) Provision for credit losses 60,170 21,587 - Non-interest income 244,158 11,356 ( 281) Amortization of intangibles 4,302 332 - Depreciation expense 24,182 4,169 - Other operating expenses 578,126 100,350 ( 273) Income tax expense 82,127 9,312 - Net income $ 314,157 $ 23,071 $ ( 65) Segment assets $ 40,698,293 $ 9,723,815 $ ( 114,605) For the six months ended June 30, 2019 Reportable Total (In thousands) Segments Corporate Eliminations Popular, Inc. Net interest income (expense) $ 966,314 $ ( 19,035) $ - $ 947,279 Provision for credit losses 81,757 259 - 82,016 Non-interest income 255,233 21,400 ( 1,877) 274,756 Amortization of intangibles 4,634 49 - 4,683 Depreciation expense 28,351 373 - 28,724 Other operating expenses 678,203 414 ( 1,589) 677,028 Income tax expense (benefit) 91,439 ( 766) ( 120) 90,553 Net income $ 337,163 $ 2,036 $ ( 168) $ 339,031 Segment assets $ 50,307,503 $ 5,062,632 $ ( 4,752,914) $ 50,617,221 2020 For the quarter ended June 30, 2020 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 $ 159,725 $ 223,634 $ 3,805 $ - $ 387,164 Provision for credit losses 8,870 50,919 - - 59,789 Non-interest income 25,255 47,266 23,525 ( 243) 95,803 Amortization of intangibles 50 902 653 - 1,605 Depreciation expense 5,077 6,836 161 - 12,074 Other operating expenses 73,451 189,631 20,705 ( 254) 283,533 Income tax expense (benefit) 24,324 ( 8,235) 2,016 - 18,105 Net income $ 73,208 $ 30,847 $ 3,795 $ 11 $ 107,861 Segment assets $ 44,866,934 $ 27,443,801 $ 2,524,764 $ ( 22,868,087) $ 51,967,412 For the six months ended June 30, 2020 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 $ 321,259 $ 466,690 $ 8,841 $ - $ 796,790 Provision for credit losses 19,183 154,188 - - 173,371 Non-interest income 49,967 111,250 47,265 ( 537) 207,945 Amortization of intangibles 98 2,212 1,577 - 3,887 Depreciation expense 10,227 13,814 320 - 24,361 Other operating expenses 148,326 391,673 44,474 ( 563) 583,910 Income tax expense (benefit) 49,940 ( 21,187) 4,453 - 33,206 Net income $ 143,452 $ 37,240 $ 5,282 $ 26 $ 186,000 Segment assets $ 44,866,934 $ 27,443,801 $ 2,524,764 $ ( 22,868,087) $ 51,967,412 2019 For the quarter ended June 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 $ 152,943 $ 257,301 $ 1,327 $ ( 22) $ 411,549 Provision for credit losses 2,855 25,966 - - 28,821 Non-interest income 25,696 68,806 29,654 ( 768) 123,388 Amortization of intangibles 48 1,074 1,058 - 2,180 Depreciation expense 4,897 7,191 155 - 12,243 Other operating expenses 74,021 207,925 16,263 ( 781) 297,428 Income tax expense 27,819 5,486 3,446 - 36,751 Net income $ 68,999 $ 78,465 $ 10,059 $ ( 9) $ 157,514 Segment assets $ 32,240,745 $ 23,582,849 $ 381,020 $ ( 15,506,321) $ 40,698,293 For the six months ended June 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 $ 304,403 $ 511,969 $ 2,645 $ ( 111) $ 818,906 Provision for credit losses 863 59,307 - - 60,170 Non-interest income 49,285 144,210 52,188 ( 1,525) 244,158 Amortization of intangibles 97 2,146 2,059 - 4,302 Depreciation expense 9,551 14,318 313 - 24,182 Other operating expenses 146,950 400,595 32,090 ( 1,509) 578,126 Income tax expense 59,013 17,229 5,885 - 82,127 Net income $ 137,214 $ 162,584 $ 14,486 $ ( 127) $ 314,157 Segment assets $ 32,240,745 $ 23,582,849 $ 381,020 $ ( 15,506,321) $ 40,698,293
Schedule Of Revenues And Selected Balance Sheet Information By Geographic Area	Geographic Information Quarter ended Six months ended (In thousands) June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Revenues: [1] Puerto Rico $ 451,744 $ 501,640 $ 941,380 $ 1,001,778 United States 92,422 93,964 184,101 183,820 Other 18,770 19,038 37,193 36,437 Total consolidated revenues $ 562,936 $ 614,642 $ 1,162,674 $ 1,222,035 [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 on trading account debt securities, net gain on sale of loans, including valuation adjustment on loans helt-for-sale, adjustments (expense) to indemnity reserves on loans sold, and other operating income. Selected Balance Sheet Information: (In thousands) June 30, 2020 December 31, 2019 Puerto Rico Total assets $ 50,760,153 $ 40,544,255 Loans 20,262,910 18,989,286 Deposits 44,095,385 34,664,243 United States Total assets $ 11,202,062 $ 10,693,536 Loans 8,205,839 7,819,187 Deposits 8,168,697 7,664,792 Other Total assets $ 883,137 $ 877,533 Loans 670,529 657,603 Deposits [1] 1,580,218 1,429,571 [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)	6 Months Ended
	Jun. 30, 2020
Table Text Block
Condensed Balance Sheet	Condensed Consolidating Statement of Financial Condition At June 30, 2020 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 $ 67,604 $ - $ 435,080 $ ( 67,604) $ 435,080 Money market investments 177,618 13,079 9,624,660 ( 190,079) 9,625,278 Trading account debt securities, at fair value - - 33,560 - 33,560 Debt securities available-for-sale, at fair value - - 20,763,453 - 20,763,453 Debt securities held -to maturity, at amortized cost 8,726 2,835 83,868 - 95,429 Less - Allowance for credit losses - - 12,735 - 12,735 Debt securities held-to-maturity, net 8,726 2,835 71,133 - 82,694 Equity securities 12,913 20 153,671 ( 128) 166,476 Investment in subsidiaries 6,024,065 1,768,290 - ( 7,792,355) - Loans held-for-sale, at lower of cost or fair value - - 68,725 - 68,725 Loans held-in-portfolio 31,753 - 29,212,368 5,955 29,250,076 Less - Unearned income - - 179,523 - 179,523 Allowance for credit losses 353 - 918,081 - 918,434 Total loans held-in-portfolio, net 31,400 - 28,114,764 5,955 28,152,119 Premises and equipment, net 5,073 - 508,607 - 513,680 Other real estate 146 - 113,794 - 113,940 Accrued income receivable 170 76 219,909 ( 29) 220,126 Mortgage servicing rights, at fair value - - 141,144 - 141,144 Other assets 110,536 21,919 1,732,389 ( 31,400) 1,833,444 Goodwill - - 671,123 ( 1) 671,122 Other intangible assets 6,414 - 18,097 - 24,511 Total assets $ 6,444,665 $ 1,806,219 $ 62,670,109 $ ( 8,075,641) $ 62,845,352 Liabilities and Stockholders' Equity Liabilities: Deposits: Non-interest bearing $ - $ - $ 12,588,114 $ ( 67,604) $ 12,520,510 Interest bearing - - 41,513,869 ( 190,079) 41,323,790 Total deposits - - 54,101,983 ( 257,683) 53,844,300 Assets sold under agreements to repurchase - - 153,065 - 153,065 Notes payable 586,752 94,104 505,418 - 1,186,274 Other liabilities 77,816 3,203 1,831,806 ( 31,277) 1,881,548 Total liabilities 664,568 97,307 56,592,272 ( 288,960) 57,065,187 Stockholders' equity: Preferred stock 22,143 - - - 22,143 Common stock 1,044 2 56,307 ( 56,309) 1,044 Surplus 4,511,627 4,173,087 5,852,819 ( 10,017,200) 4,520,333 Retained earnings (accumulated deficit) 2,042,309 ( 2,500,586) ( 58,486) 2,550,545 2,033,782 Treasury stock, at cost ( 1,016,375) - - ( 111) ( 1,016,486) Accumulated other comprehensive income, net of tax 219,349 36,409 227,197 ( 263,606) 219,349 Total stockholders' equity 5,780,097 1,708,912 6,077,837 ( 7,786,681) 5,780,165 Total liabilities and stockholders' equity $ 6,444,665 $ 1,806,219 $ 62,670,109 $ ( 8,075,641) $ 62,845,352 Condensed Consolidating Statement of Financial Condition (Unaudited) At December 31, 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 $ 55,956 $ - $ 388,363 $ ( 56,008) $ 388,311 Money market investments 221,598 16,029 3,261,688 ( 237,029) 3,262,286 Trading account debt securities, at fair value - - 40,321 - 40,321 Debt securities available-for-sale, at fair value - - 17,648,473 - 17,648,473 Debt securities held-to-maturity, at amortized cost 8,726 2,835 86,101 - 97,662 Equity securities 10,744 20 149,322 ( 199) 159,887 Investment in subsidiaries 6,243,065 1,806,583 - ( 8,049,648) - Loans held-for-sale, at lower of cost or fair value - - 59,203 - 59,203 Loans held-in-portfolio 32,027 - 27,549,874 5,955 27,587,856 Less - Unearned income - - 180,983 - 180,983 Allowance for loan losses 410 - 477,298 - 477,708 Total loans held-in-portfolio, net 31,617 - 26,891,593 5,955 26,929,165 Premises and equipment, net 3,893 - 552,757 - 556,650 Other real estate 146 - 121,926 - 122,072 Accrued income receivable 382 108 180,630 ( 249) 180,871 Mortgage servicing rights, at fair value - - 150,906 - 150,906 Other assets 93,835 21,324 1,722,839 ( 18,383) 1,819,615 Goodwill - - 671,123 ( 1) 671,122 Other intangible assets 6,463 - 22,317 - 28,780 Total assets $ 6,676,425 $ 1,846,899 $ 51,947,562 $ ( 8,355,562) $ 52,115,324 Liabilities and Stockholders' Equity Liabilities: Deposits: Non-interest bearing $ - $ - $ 9,216,181 $ ( 56,008) $ 9,160,173 Interest bearing - - 34,835,462 ( 237,029) 34,598,433 Total deposits - - 44,051,643 ( 293,037) 43,758,606 Assets sold under agreements to repurchase - - 193,378 - 193,378 Notes payable 586,119 94,090 421,399 - 1,101,608 Other liabilities 73,596 3,200 986,865 ( 18,708) 1,044,953 Total liabilities 659,715 97,290 45,653,285 ( 311,745) 46,098,545 Stockholders' equity: Preferred stock 50,160 - - - 50,160 Common stock 1,044 2 56,307 ( 56,309) 1,044 Surplus 4,438,706 4,173,169 5,847,389 ( 10,011,852) 4,447,412 Retained earnings (accumulated deficit) 2,156,442 ( 2,425,429) 555,398 1,861,504 2,147,915 Treasury stock, at cost ( 459,704) - - ( 110) ( 459,814) Accumulated other comprehensive (loss) income, net of tax ( 169,938) 1,867 ( 164,817) 162,950 ( 169,938) Total stockholders' equity 6,016,710 1,749,609 6,294,277 ( 8,043,817) 6,016,779 Total liabilities and stockholders' equity $ 6,676,425 $ 1,846,899 $ 51,947,562 $ ( 8,355,562) $ 52,115,324
Condensed Income Statement	Condensed Consolidating Statement of Operations (Unaudited) Quarter ended June 30, 2020 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 $ 2,000 $ - $ - $ ( 2,000) $ - Loans 558 - 429,112 - 429,670 Money market investments 405 23 2,013 ( 426) 2,015 Investment securities 161 46 76,677 - 76,884 Total interest and dividend income 3,124 69 507,802 ( 2,426) 508,569 Interest expense: Deposits - - 43,206 ( 426) 42,780 Short-term borrowings - - 645 - 645 Long-term debt 9,632 1,558 3,073 - 14,263 Total interest expense 9,632 1,558 46,924 ( 426) 57,688 Net interest (expense) income ( 6,508) ( 1,489) 460,878 ( 2,000) 450,881 Provision for credit losses - loan portfolios ( 21) - 63,125 - 63,104 Provision for credit losses - investment securities - - ( 655) - ( 655) Net interest (expense) income after provision for credit losses ( 6,487) ( 1,489) 398,408 ( 2,000) 388,432 Service charges on deposit accounts - - 30,163 - 30,163 Other service fees - - 54,052 ( 1,968) 52,084 Mortgage banking activities - - 3,777 - 3,777 Net gain, including impairment on equity securities 1,531 - 924 ( 8) 2,447 Net profit on trading account debt securities - - 82 - 82 Net gain on sale of loans, including valuation adjustments on loans held-for-sale - - 2,222 - 2,222 Indemnity reserves on loans sold expense - - ( 1,160) - ( 1,160) Other operating income 2,392 - 20,052 ( 4) 22,440 Total non-interest income 3,923 - 110,112 ( 1,980) 112,055 Operating expenses: Personnel costs 15,904 - 123,262 - 139,166 Net occupancy expenses 883 - 24,604 - 25,487 Equipment expenses 760 1 20,083 - 20,844 Other taxes 62 - 13,261 - 13,323 Professional fees 13,920 30 78,782 ( 185) 92,547 Communications 164 - 5,410 - 5,574 Business promotion 1,121 - 11,160 - 12,281 FDIC deposit insurance - - 5,340 - 5,340 Other real estate owned (OREO) expenses - - ( 344) - ( 344) Other operating expenses ( 34,143) 13 67,071 ( 724) 32,217 Amortization of intangibles 25 - 1,771 - 1,796 Total operating expenses ( 1,304) 44 350,400 ( 909) 348,231 (Loss) income before income tax and equity in earnings of subsidiaries ( 1,260) ( 1,533) 158,120 ( 3,071) 152,256 Income tax (benefit) expense - ( 322) 25,364 ( 414) 24,628 (Loss) income before equity in earnings of subsidiaries ( 1,260) ( 1,211) 132,756 ( 2,657) 127,628 Equity in undistributed earnings of subsidiaries 128,888 16,994 - ( 145,882) - Net income $ 127,628 $ 15,783 $ 132,756 $ ( 148,539) $ 127,628 Comprehensive income, net of tax $ 136,354 $ 20,768 $ 141,193 $ ( 161,961) $ 136,354 Condensed Consolidating Statement of Operations (Unaudited) Six months ended June 30, 2020 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 $ 582,000 $ - $ - $ ( 582,000) $ - Loans 1,120 - 878,996 - 880,116 Money market investments 1,556 68 14,014 ( 1,623) 14,015 Investment securities 319 93 164,384 - 164,796 Total interest and dividend income 584,995 161 1,057,394 ( 583,623) 1,058,927 Interest expense: Deposits - - 106,504 ( 1,623) 104,881 Short-term borrowings - - 1,693 - 1,693 Long-term debt 19,264 3,115 5,998 - 28,377 Total interest expense 19,264 3,115 114,195 ( 1,623) 134,951 Net interest income (expense) 565,731 ( 2,954) 943,199 ( 582,000) 923,976 Provision for credit losses - loan portfolios 137 - 251,962 - 252,099 Provision for credit losses - investment securities - - 81 - 81 Net interest income (expense) after provision for credit losses 565,594 ( 2,954) 691,156 ( 582,000) 671,796 Service charges on deposit accounts - - 71,822 - 71,822 Other service fees - - 118,951 ( 2,094) 116,857 Mortgage banking activities - - 10,197 - 10,197 Net loss, including impairment on equity securities ( 12) - ( 342) 73 ( 281) Net profit on trading account debt securities - - 573 - 573 Net gain on sale of loans, including valuation adjustments on loans held-for-sale - - 3,179 - 3,179 Indemnity reserves on loans sold expense - - ( 5,953) - ( 5,953) Other operating income 6,561 - 35,753 ( 10) 42,304 Total non-interest income 6,549 - 234,180 ( 2,031) 238,698 Operating expenses: Personnel costs 34,177 - 251,820 - 285,997 Net occupancy expenses 1,936 - 48,709 - 50,645 Equipment expenses 1,633 2 40,814 - 42,449 Other taxes 124 1 26,879 - 27,004 Professional fees 20,386 60 173,483 ( 311) 193,618 Communications 291 - 11,237 - 11,528 Business promotion 1,937 - 24,541 - 26,478 FDIC deposit insurance - - 10,420 - 10,420 Other real estate owned (OREO) expenses - - 2,135 - 2,135 Other operating expenses ( 60,726) 26 128,417 ( 1,421) 66,296 Amortization of intangibles 49 - 4,220 - 4,269 Total operating expenses ( 193) 89 722,675 ( 1,732) 720,839 Income (loss) before income tax and equity in losses of subsidiaries 572,336 ( 3,043) 202,661 ( 582,299) 189,655 Income tax (benefit) expense - ( 639) 28,509 ( 145) 27,725 Income (loss) before equity in losses of subsidiaries 572,336 ( 2,404) 174,152 ( 582,154) 161,930 Equity in undistributed losses of subsidiaries ( 410,406) ( 26,458) - 436,864 - Net income (loss) $ 161,930 $ ( 28,862) $ 174,152 $ ( 145,290) $ 161,930 Comprehensive income, net of tax $ 551,217 $ 5,680 $ 566,166 $ ( 571,846) $ 551,217 Condensed Consolidating Statement of Operations (Unaudited) Quarter ended June 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 $ 52,000 $ - $ - $ ( 52,000) $ - Loans 497 - 453,707 - 454,204 Money market investments 618 55 22,533 ( 672) 22,534 Investment securities 159 47 94,035 - 94,241 Total interest and dividend income 53,274 102 570,275 ( 52,672) 570,979 Interest expense: Deposits - - 79,121 ( 672) 78,449 Short-term borrowings - - 1,656 - 1,656 Long-term debt 9,632 1,558 3,368 - 14,558 Total interest expense 9,632 1,558 84,145 ( 672) 94,663 Net interest income (expense) 43,642 ( 1,456) 486,130 ( 52,000) 476,316 Provision for credit losses - loan portfolios 153 - 40,038 - 40,191 Net interest income (expense) after provision for credit losses 43,489 ( 1,456) 446,092 ( 52,000) 436,125 Service charges on deposit accounts - - 39,617 - 39,617 Other service fees 1 - 75,766 ( 1,736) 74,031 Mortgage banking activities - - ( 1,773) - ( 1,773) Net gain, including impairment on equity securities 283 - 254 ( 9) 528 Net profit on trading account debt securities - - 422 - 422 Adjustments to indemnity reserves on loans sold - - 1,840 - 1,840 Other operating income 3,636 633 19,401 ( 9) 23,661 Total non-interest income 3,920 633 135,527 ( 1,754) 138,326 Operating expenses: Personnel costs 14,376 - 127,123 - 141,499 Net occupancy expenses 1,178 - 22,119 2 23,299 Equipment expenses 1,027 1 20,295 - 21,323 Other taxes 62 1 12,514 - 12,577 Professional fees 4,721 28 90,728 ( 229) 95,248 Communications 219 - 5,736 - 5,955 Business promotion 899 - 18,220 - 19,119 FDIC deposit insurance - - 5,278 - 5,278 Other real estate owned (OREO) expenses - - 1,237 - 1,237 Other operating expenses ( 24,453) 16 60,193 ( 647) 35,109 Amortization of intangibles 25 - 2,346 - 2,371 Total operating expenses ( 1,946) 46 365,789 ( 874) 363,015 Income (loss) before income tax and equity in earnings of subsidiaries 49,355 ( 869) 215,830 ( 52,880) 211,436 Income tax (benefit) expense - ( 183) 40,852 ( 339) 40,330 Income (loss) before equity in earnings of subsidiaries 49,355 ( 686) 174,978 ( 52,541) 171,106 Equity in undistributed earnings of subsidiaries 121,751 10,893 - ( 132,644) - Net income $ 171,106 $ 10,207 $ 174,978 $ ( 185,185) $ 171,106 Comprehensive income, net of tax $ 303,872 $ 31,499 $ 308,913 $ ( 340,412) $ 303,872 Condensed Consolidating Statement of Operations (Unaudited) Six months ended June 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 $ 254,300 $ - $ - $ ( 254,300) $ - Loans 1,085 - 900,832 - 901,917 Money market investments 1,740 106 51,753 ( 1,845) 51,754 Investment securities 313 93 174,871 - 175,277 Total interest and dividend income 257,438 199 1,127,456 ( 256,145) 1,128,948 Interest expense: Deposits - - 151,120 ( 1,845) 149,275 Short-term borrowings - - 3,256 - 3,256 Long-term debt 19,264 3,115 6,759 - 29,138 Total interest expense 19,264 3,115 161,135 ( 1,845) 181,669 Net interest income (expense) 238,174 ( 2,916) 966,321 ( 254,300) 947,279 Provision for credit lossses - loan portfolios 259 - 81,757 - 82,016 Net interest income (expense) after provision for credit losses 237,915 ( 2,916) 884,564 ( 254,300) 865,263 Service charges on deposit accounts - - 78,308 - 78,308 Other service fees 2 - 140,172 ( 1,836) 138,338 Mortgage banking activities - - 8,153 - 8,153 Net gain, including impairment on equity securities 870 - 1,113 ( 22) 1,961 Net profit on trading account debt securities - - 682 - 682 Adjustment to indemnity reserves on loans sold - - 1,747 - 1,747 Other operating income (expense) 8,805 ( 634) 37,416 ( 20) 45,567 Total non-interest income (expense) 9,677 ( 634) 267,591 ( 1,878) 274,756 Operating expenses: Personnel costs 32,703 - 251,913 - 284,616 Net occupancy expenses 2,225 - 44,654 ( 43) 46,836 Equipment expenses 1,699 2 39,327 - 41,028 Other taxes 124 1 24,114 - 24,239 Professional fees 7,410 55 175,578 ( 329) 182,714 Communications 333 - 11,471 - 11,804 Business promotion 1,681 - 32,112 - 33,793 FDIC deposit insurance - - 10,084 - 10,084 Other real estate owned (OREO) expenses - - 3,914 - 3,914 Other operating expenses ( 45,792) 29 113,705 ( 1,218) 66,724 Amortization of intangibles 49 - 4,634 - 4,683 Total operating expenses 432 87 711,506 ( 1,590) 710,435 Income (loss) before income tax and equity in earnings of subsidiaries 247,160 ( 3,637) 440,649 ( 254,588) 429,584 Income tax (benefit) expense - ( 764) 91,438 ( 121) 90,553 Income (loss) before equity in earnings of subsidiaries 247,160 ( 2,873) 349,211 ( 254,467) 339,031 Equity in undistributed earnings of subsidiaries 91,871 23,038 - ( 114,909) - Net income $ 339,031 $ 20,165 $ 349,211 $ ( 369,376) $ 339,031 Comprehensive income, net of tax $ 575,792 $ 59,517 $ 587,767 $ ( 647,284) $ 575,792
Condensed Cash Flow Statement	Condensed Consolidating Statement of Cash Flows Six months ended June 30, 2020 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 (loss) $ 161,930 $ ( 28,862) $ 174,152 $ ( 145,290) $ 161,930 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Equity in earnings of subsidiaries, net of dividends or distributions 410,406 26,458 - ( 436,864) - Provision for credit losses 137 - 252,043 - 252,180 Amortization of intangibles 49 - 4,220 - 4,269 Depreciation and amortization of premises and equipment 483 - 28,418 - 28,901 Net accretion of discounts and amortization of premiums and deferred fees 617 13 ( 42,717) - ( 42,087) Share-based compensation 5,514 - 1,650 - 7,164 Fair value adjustments on mortgage servicing rights - - 12,869 - 12,869 Adjustment to indemnity reserves on loans sold - - 5,953 - 5,953 Earnings from investments under the equity method, net of dividends or distributions ( 5,396) - ( 1,029) - ( 6,425) Deferred income tax benefit - ( 639) ( 7,040) ( 145) ( 7,824) Gain on: Disposition of premises and equipment and other productive assets - - ( 7,939) - ( 7,939) Proceeds from insurance claims - - ( 366) - ( 366) Sale of loans, including valuation adjustments on loans held for sale and mortgage banking activities - - ( 12,652) - ( 12,652) Sale of foreclosed assets, including write-downs - - ( 5,754) - ( 5,754) Acquisitions of loans held-for-sale - - ( 82,812) - ( 82,812) Proceeds from sale of loans held-for-sale - - 24,897 - 24,897 Net originations on loans held-for-sale - - ( 100,408) - ( 100,408) Net decrease (increase) in: Trading debt securities - - 176,054 - 176,054 Equity securities ( 2,169) - ( 1,562) - ( 3,731) Accrued income receivable 212 32 ( 54,896) ( 221) ( 54,873) Other assets ( 12,109) 44 29,417 13,161 30,513 Net (decrease) increase in: Interest payable - - ( 3,643) 221 ( 3,422) Pension and other postretirement benefits obligations - - 2,771 - 2,771 Other liabilities ( 417) 4 ( 58,482) ( 12,789) ( 71,684) Total adjustments 397,327 25,912 158,992 ( 436,637) 145,594 Net cash provided by (used in) operating activities 559,257 ( 2,950) 333,144 ( 581,927) 307,524 Cash flows from investing activities: Net decrease (increase) in money market investments 44,000 2,950 ( 6,362,958) ( 46,950) ( 6,362,958) Purchases of investment securities: Available-for-sale - - ( 10,313,044) - ( 10,313,044) Equity - - ( 20,211) ( 71) ( 20,282) Proceeds from calls, paydowns, maturities and redemptions of investment securities: Available-for-sale - - 8,106,422 - 8,106,422 Held-to-maturity - - 3,102 - 3,102 Proceeds from sale of investment securities: Equity - - 17,424 - 17,424 Net repayments (disbursements) on loans 290 - ( 1,160,022) - ( 1,159,732) Proceeds from sale of loans - - 26,070 - 26,070 Acquisition of loan portfolios - - ( 123,738) - ( 123,738) Return of capital from equity method investments 131 - - - 131 Payments to acquire equity method investments - - ( 440) - ( 440) Capital contribution to subsidiary ( 5,000) - - 5,000 - Acquisition of premises and equipment ( 1,949) - ( 22,108) - ( 24,057) Proceeds from insurance claims - - 366 - 366 Proceeds from sale of: Premises and equipment and other productive assets 172 - 14,542 - 14,714 Foreclosed assets - - 32,805 - 32,805 Net cash provided by (used in) investing activities 37,644 2,950 ( 9,801,790) ( 42,021) ( 9,803,217) Cash flows from financing activities: Net increase (decrease) in: Deposits - - 10,054,979 35,354 10,090,333 Assets sold under agreements to repurchase - - ( 40,313) - ( 40,313) Payments of notes payable - - ( 66,989) - ( 66,989) Principal payments of finance leases - - ( 1,047) - ( 1,047) Proceeds from issuance of notes payable - - 151,009 - 151,009 Proceeds from issuance of common stock 11,978 - ( 5,393) - 6,585 Payments for repurchase of reedemable preferred stock ( 28,017) - - - ( 28,017) Dividends paid to parent company - - ( 582,000) 582,000 - Dividends paid ( 65,584) - - - ( 65,584) Net payments for repurchase of common stock ( 500,466) - 186 ( 2) ( 500,282) Capital contribution from parent - - 5,000 ( 5,000) - Payments related to tax withholding for share-based compensation ( 3,144) - ( 56) - ( 3,200) Net cash (used in) provided by financing activities ( 585,233) - 9,515,376 612,352 9,542,495 Net increase in cash and due from banks, and restricted cash 11,668 - 46,730 ( 11,596) 46,802 Cash and due from banks, and restricted cash at beginning of period 56,554 - 393,777 ( 56,008) 394,323 Cash and due from banks, and restricted cash at end of period $ 68,222 $ - $ 440,507 $ ( 67,604) $ 441,125 Condensed Consolidating Statement of Cash Flows Six months ended June 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 $ 339,031 $ 20,165 $ 349,211 $ ( 369,376) $ 339,031 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Equity in earnings of subsidiaries, net of dividends or distributions ( 91,871) ( 23,038) - 114,909 - Provision for credit losses 259 - 81,757 - 82,016 Amortization of intangibles 49 - 4,634 - 4,683 Depreciation and amortization of premises and equipment 373 - 28,351 - 28,724 Net accretion of discounts and amortization of premiums and deferred fees 624 13 ( 82,690) - ( 82,053) Share-based compensation 6,925 - 3,483 - 10,408 Fair value adjustments on mortgage servicing rights - - 21,011 - 21,011 Adjustments to indemnity reserves on loans sold - - ( 1,747) - ( 1,747) Earnings from investments under the equity method, net of dividends or distributions ( 7,640) 634 ( 251) - ( 7,257) Deferred income tax (benefit) expense - ( 764) 75,968 ( 121) 75,083 Loss (gain) on: Disposition of premises and equipment and other productive assets 39 - ( 4,180) - ( 4,141) Sale of loans, including valuation adjustments on loans held for sale and mortgage banking activities - - ( 5,939) - ( 5,939) Sale of foreclosed assets, including write-downs - - ( 9,826) - ( 9,826) Acquisitions of loans held-for-sale - - ( 103,233) - ( 103,233) Proceeds from sale of loans held-for-sale - - 31,063 - 31,063 Net originations on loans held-for-sale - - ( 125,707) - ( 125,707) Net decrease (increase) in: Trading debt securities - - 215,569 - 215,569 Equity securities ( 2,960) - ( 2,951) - ( 5,911) Accrued income receivable ( 45) - ( 4,764) ( 55) ( 4,864) Other assets 81 42 ( 11,425) 7,739 ( 3,563) Net increase (decrease) in: Interest payable - - 858 55 913 Pension and other postretirement benefits obligations - - 10,399 - 10,399 Other liabilities ( 4,883) ( 95) ( 112,867) ( 7,472) ( 125,317) Total adjustments ( 99,049) ( 23,208) 7,513 115,055 311 Net cash provided by (used in) operating activities 239,982 ( 3,043) 356,724 ( 254,321) 339,342 Cash flows from investing activities: Net decrease in money market investments 75,000 3,043 997,694 ( 78,043) 997,694 Purchases of investment securities: Available-for-sale - - ( 9,684,912) - ( 9,684,912) Equity - - ( 12,747) 41 ( 12,706) Proceeds from calls, paydowns, maturities and redemptions of investment securities: Available-for-sale - - 6,789,265 - 6,789,265 Held-to-maturity - - 2,980 - 2,980 Proceeds from sale of investment securities: Equity - - 6,047 - 6,047 Net repayments (disbursements) on loans 394 - ( 324,461) - ( 324,067) Proceeds from sale of loans - - 29,943 - 29,943 Acquisition of loan portfolios - - ( 312,752) - ( 312,752) Payments to acquire other intangible - - ( 793) - ( 793) Return of capital from equity method investments - - 1,397 - 1,397 Acquisition of premises and equipment ( 671) - ( 37,255) - ( 37,926) Proceeds from sale of: Premises and equipment and other productive assets 3 - 14,812 - 14,815 Foreclosed assets - - 59,304 - 59,304 Net cash provided by (used in) investing activities 74,726 3,043 ( 2,471,478) ( 78,002) ( 2,471,711) Cash flows from financing activities: Net increase (decrease) in: Deposits - - 2,281,355 67,140 2,348,495 Assets sold under agreements to repurchase - - ( 48,439) - ( 48,439) Other short-term borrowings - - 159,959 - 159,959 Payments of notes payable - - ( 99,758) - ( 99,758) Principal payments of finance leases - - ( 837) - ( 837) Proceeds from issuance of notes payable - - 75,000 - 75,000 Proceeds from issuance of common stock 6,121 - ( 1,471) - 4,650 Dividends paid to parent company - - ( 254,300) 254,300 - Dividends paid ( 55,631) - - - ( 55,631) Net payments for repurchase of common stock ( 250,393) - 3 ( 20) ( 250,410) Payments related to tax withholding for share-based compensation ( 4,077) - ( 152) - ( 4,229) Net cash (used in) provided by financing activities ( 303,980) - 2,111,360 321,420 2,128,800 Net decrease in cash and due from banks, and restricted cash 10,728 - ( 3,394) ( 10,903) ( 3,569) 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 $ 79,006 $ - $ 399,601 $ ( 78,925) $ 399,682

New Accounting Pronouncement -

New Accounting Pronouncement - Additional Information (Details) - USD ($) $ in Thousands	Jan. 02, 2020	Mar. 31, 2020	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Debt securities held to maturity allowance for credit loss			$ 12,735	$ 0
Recorded investment current			26,710,019	25,603,271
Stockholders equity		$ 5,669,605	$ 5,780,165	6,016,779	$ 5,719,834	$ 5,440,060	$ 5,435,057
Cumulative effect adoption adjustment
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Stockholders equity		(205,800)		$ (205,842)			$ 4,905
Unfunded loan commitment
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Allowance for credit loss, increase (decrease)	$ (9,000)
Loan portfolio
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Allowance for credit loss, increase (decrease)	315,000
ASU 2016-13
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Accruing loans past-due 90 days or more	144,000
Non-accrual loans	278,000
Recorded investment current	134,000
ASC Subtopic 310-30
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Allowance for credit loss, increase (decrease)		$ 17,000
Accruing loans past-due 90 days or more	144,000
Recorded investment current	$ 134,000

Restrictions on cash and due _2

Restrictions on cash and due from banks and certain securities - Additional Information (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Disclosure - Restrictions on Cash and Due from Banks and Certain Securities - Additional Information [Abstract]
Average Reserve Required With Federal Reserve Bank	$ 2,200	$ 1,600
Restricted Cash And Cash Equivalents	$ 33	$ 52

Debt Securities Available for S

Debt Securities Available for Sale - Weighted average yield and contractual maturities of debt securities AFS (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Amortized cost
Amortized Cost	$ 20,196,709	$ 17,542,125
Gross unrealized gains
Gross unrealized gains	568,449	146,165
Gross unrealized loss
Gross unrealized losses	1,705	39,817
Fair Value
Debt Securities Available for Sale, at Fair Value	$ 20,763,453	$ 17,648,473
Weighted average yield
Weighted Average Yield	1.54%	2.05%
US Treasury Securities
Amortized cost
Amortized cost - Within 1 year	$ 7,336,056	$ 5,071,201
Amortized cost - After 1 to 5 years	5,091,320	5,137,804
Amortized cost - After 5 to 10 years	1,201,580	1,778,568
Amortized Cost	13,628,956	11,987,573
Gross unrealized gains
Gross unrealized gain - Within 1 year	14,335	3,262
Gross unrealized gain - After 1 to 5 years	277,625	75,597
Gross unrealized gain - After 5 to 10 years	87,461	429
Gross unrealized gains	379,421	79,288
Gross unrealized loss
Gross unrealized losses - Within 1 year	147	567
Gross unrealized losses - After 1 to 5 years	0	3,435
Gross unrealized losses - After 5 to 10 years	0	6,604
Gross unrealized losses	147	10,606
Fair Value
Fair value - Within 1 year	7,350,244	5,073,896
Fair value - After 1 to 5 years	5,368,945	5,209,966
Fair value - After 5 to 10 years	1,289,041	1,772,393
Debt Securities Available for Sale, at Fair Value	$ 14,008,230	$ 12,056,255
Weighted average yield
Weighted average yield - Within 1 year	0.47%	1.58%
Weighted average yield - After 1 to 5 years	2.13%	2.19%
Weighted average yield - After 5 to 10 years	1.70%	1.70%
Weighted Average Yield	1.20%	1.86%
Obligations of U.S. Government sponsored entities
Amortized cost
Amortized cost - Within 1 year	$ 60,654	$ 62,492
Amortized cost - After 1 to 5 years	90	60,021
Amortized Cost	60,744	122,513
Gross unrealized gains
Gross unrealized gain - Within 1 year	485	2
Gross unrealized gain - After 1 to 5 years	0	0
Gross unrealized gains	485	2
Gross unrealized loss
Gross unrealized losses - Within 1 year	0	21
Gross unrealized losses - After 1 to 5 years	0	90
Gross unrealized losses	0	111
Fair Value
Fair value - Within 1 year	61,139	62,473
Fair value - After 1 to 5 years	90	59,931
Debt Securities Available for Sale, at Fair Value	$ 61,229	$ 122,404
Weighted average yield
Weighted average yield - Within 1 year	1.52%	1.45%
Weighted average yield - After 1 to 5 years	5.64%	1.48%
Weighted Average Yield	1.53%	1.47%
Obligations of Puerto Rico, States and political subdivisions
Amortized cost
Amortized cost - Within 1 year		$ 6,975
Amortized Cost		6,975
Gross unrealized gains
Gross unrealized gain - Within 1 year		0
Gross unrealized gains		0
Gross unrealized loss
Gross unrealized losses - Within 1 year		0
Gross unrealized losses		0
Fair Value
Fair value - Within 1 year		6,975
Debt Securities Available for Sale, at Fair Value		$ 6,975
Weighted average yield
Weighted average yield - Within 1 year		0.00%
Weighted Average Yield		0.00%
Collateralized Mortgage Obligations - Federal agencies
Amortized cost
Amortized cost - Within 1 year	$ 82	$ 236
Amortized cost - After 1 to 5 years	590	350
Amortized cost - After 5 to 10 years	74,444	85,079
Amortized cost - After 10 years	426,048	504,391
Amortized Cost	501,164	590,056
Gross unrealized gains
Gross unrealized gain - Within 1 year	0	0
Gross unrealized gain - After 1 to 5 years	4	1
Gross unrealized gain - After 5 to 10 years	1,127	31
Gross unrealized gain - After 10 years	12,078	3,640
Gross unrealized gains	13,209	3,672
Gross unrealized loss
Gross unrealized losses - Within 1 year	0	0
Gross unrealized losses - After 1 to 5 years	0	0
Gross unrealized losses - After 5 to 10 years	0	1,180
Gross unrealized losses - After 10 years	144	6,373
Gross unrealized losses	144	7,553
Fair Value
Fair value - Within 1 year	82	236
Fair value - After 1 to 5 years	594	351
Fair value - After 5 to 10 years	75,571	83,930
Fair value - After 10 years	437,982	501,658
Debt Securities Available for Sale, at Fair Value	$ 514,229	$ 586,175
Weighted average yield
Weighted average yield - Within 1 year	1.64%	1.83%
Weighted average yield - After 1 to 5 years	2.23%	2.16%
Weighted average yield - After 5 to 10 years	1.62%	1.63%
Weighted average yield - After 10 years	2.04%	2.08%
Weighted Average Yield	1.97%	2.02%
Mortgage Backed Securities
Amortized cost
Amortized cost - Within 1 year	$ 6	$ 16
Amortized cost - After 1 to 5 years	54,804	36,717
Amortized cost - After 5 to 10 years	403,728	350,373
Amortized cost - After 10 years	5,547,035	4,447,561
Amortized Cost	6,005,573	4,834,667
Gross unrealized gains
Gross unrealized gain - Within 1 year	0	0
Gross unrealized gain - After 1 to 5 years	1,879	852
Gross unrealized gain - After 5 to 10 years	14,866	1,958
Gross unrealized gain - After 10 years	158,578	60,384
Gross unrealized gains	175,323	63,194
Gross unrealized loss
Gross unrealized losses - Within 1 year	0	0
Gross unrealized losses - After 1 to 5 years	9	1
Gross unrealized losses - After 5 to 10 years	17	1,303
Gross unrealized losses - After 10 years	1,388	20,243
Gross unrealized losses	1,414	21,547
Fair Value
Fair value - Within 1 year	6	16
Fair value - After 1 to 5 years	56,674	37,568
Fair value - After 5 to 10 years	418,577	351,028
Fair value - After 10 years	5,704,225	4,487,702
Debt Securities Available for Sale, at Fair Value	$ 6,179,482	$ 4,876,314
Weighted average yield
Weighted average yield - Within 1 year	2.29%	2.13%
Weighted average yield - After 1 to 5 years	2.57%	3.38%
Weighted average yield - After 5 to 10 years	1.75%	2.02%
Weighted average yield - After 10 years	2.33%	2.60%
Weighted Average Yield	2.30%	2.57%
Other
Amortized cost
Amortized cost - After 1 to 5 years	$ 272	$ 341
Amortized Cost	272	341
Gross unrealized gains
Gross unrealized gain - After 1 to 5 years	11	9
Gross unrealized gains	11	9
Gross unrealized loss
Gross unrealized losses - After 1 to 5 years	0	0
Gross unrealized losses	0	0
Fair Value
Fair value - After 1 to 5 years	283	350
Debt Securities Available for Sale, at Fair Value	$ 283	$ 350
Weighted average yield
Weighted average yield - After 1 to 5 years	3.62%	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	Jun. 30, 2020	Dec. 31, 2019
Schedule of Available-for-sale Securities [Line Items]
Pledged Financial Instruments, Not Separately Reported, Securities	$ 16.2	$ 12.2
Pledged Financial Instruments, Not Separately Reported, Securities for Other Debt Facilities	$ 14.6	$ 10.9

Debt Securities Available for_3

Debt Securities Available for Sale - AFS debt securities in a continuous unrealized loss position (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale
Less than 12 months Fair Value	$ 5,195,452	$ 2,743,002
Less than 12 months Gross Unrealized Losses	1,056	11,032
12 months or more Fair Value	95,278	2,647,359
12 months or more Gross Unrealized Losses	649	28,785
Total Fair Value	5,290,730	5,390,361
Total Gross Unrealized Losses	1,705	39,817
US Treasury Securities
Debt Securities, Available-for-sale
Less than 12 months Fair Value	4,998,912	2,439,114
Less than 12 months Gross Unrealized Losses	147	9,798
12 months or more Fair Value	0	452,784
12 months or more Gross Unrealized Losses	0	808
Total Fair Value	4,998,912	2,891,898
Total Gross Unrealized Losses	147	10,606
Obligations of U.S. Government sponsored entities
Debt Securities, Available-for-sale
Less than 12 months Fair Value		9,973
Less than 12 months Gross Unrealized Losses		4
12 months or more Fair Value		99,846
12 months or more Gross Unrealized Losses		107
Total Fair Value		109,819
Total Gross Unrealized Losses		111
Collateralized Mortgage Obligations - Federal agencies
Debt Securities, Available-for-sale
Less than 12 months Fair Value	5,546	114,603
Less than 12 months Gross Unrealized Losses	82	537
12 months or more Fair Value	16,314	310,315
12 months or more Gross Unrealized Losses	62	7,016
Total Fair Value	21,860	424,918
Total Gross Unrealized Losses	144	7,553
Mortgage Backed Securities
Debt Securities, Available-for-sale
Less than 12 months Fair Value	190,994	179,312
Less than 12 months Gross Unrealized Losses	827	693
12 months or more Fair Value	78,964	1,784,414
12 months or more Gross Unrealized Losses	587	20,854
Total Fair Value	269,958	1,963,726
Total Gross Unrealized Losses	$ 1,414	$ 21,547

Debt Securities Available for_4

Debt Securities Available for Sale - Fair value of the debt securities of issuers (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Investment
Amortized Cost	$ 20,196,709	$ 17,542,125
Debt Securities Available for Sale, at Fair Value	20,763,453	17,648,473
FNMA
Investment
Amortized Cost	2,712,676	3,113,373
Debt Securities Available for Sale, at Fair Value	2,812,828	3,129,538
Freddie Mac
Investment
Amortized Cost	1,633,940	1,623,116
Debt Securities Available for Sale, at Fair Value	$ 1,691,433	$ 1,638,796

Debt Securities Available for_5

Debt Securities Available for Sale - Debt securities available- for-sale - Additional Information (Details) - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Debt Securities, Available-for-sale
Proceeds from sale of debt securities available-for-sale	$ 0	$ 0
Gross Unrealized Losses	$ 1,705,000		$ 39,817,000

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	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019
Amortized cost
Amortized Cost	$ 95,429		$ 97,662
Allowance for credit losses
Less - Allowance for credit losses	12,735		0
Net of Allowance
Net of Allowance	82,694		97,662
Gross unrecognized gains
Gross Unrealized Gains	4,267		9,386
Gross unrealized losses
Gross Unrealized Losses	3,305		1,938
Fair Value
Fair value	$ 83,656		$ 105,110
Weighted Average Yield
Weighted Average Yield	3.39%		3.49%
Obligations of Puerto Rico, States and political subdivisions
Amortized cost
Amortized cost - Within 1 year	$ 3,920		$ 3,745
Amortized cost - After 1 to 5 years	16,390		17,580
Amortized cost - After 5 to 10 years	16,660		18,195
Amortized cost - After 10 years	46,358		46,036
Amortized Cost	83,328		85,556
Allowance for credit losses
Allowance for credit losses - Within 1 Year	167
Allowance for credit losses - After 1 to 5 years	1,586
Allowance for credit losses - After 5 to 10 years	1,354
Allowance for credit losses - After 10 years	9,628
Less - Allowance for credit losses	12,735	$ 13,390	0
Net of Allowance
Net of Allowance - Within 1 Year	3,753
Net of Allowance - After 1 to 5 Years	14,804
Net of Allowance - After 5 to 10 Years	15,306
Net of Allowance - After 10 Years	36,730
Net of Allowance	70,593
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	4,265		9,384
Gross Unrealized Gains	4,265		9,384
Gross unrealized losses
Gross unrealized losses - Within 1 year	84		11
Gross unrealized losses - After 1 to 5 years	61		320
Gross unrealized losses - After 5 to 10 years	939		1,607
Gross unrealized losses - After 10 years	2,221		0
Gross Unrealized Losses	3,305		1,938
Fair Value
Fair Value - within 1 year	3,669		3,734
Fair Value - After 1 to 5 years	14,743		17,260
Fair Value - After 5 to 10 years	14,367		16,588
Fair Value - After 10 years	38,774		55,420
Fair value	$ 71,553		$ 93,002
Weighted Average Yield
Weighted average yield - Within 1 Year	6.05%		6.01%
Weighted average yield - After 1 to 5 years	6.13%		6.11%
Weighted average yield - After 5 to 10 years	2.81%		3.11%
Weighted average yield - After 10 years	1.63%		1.67%
Weighted Average Yield	2.96%		3.08%
Collateralized Mortgage Obligations - Federal agencies
Amortized cost
Amortized cost - After 1 to 5 years	$ 40		$ 45
Amortized Cost	40		45
Allowance for credit losses
Allowance for credit losses - After 1 to 5 years	0
Less - Allowance for credit losses	0
Net of Allowance
Net of Allowance - After 1 to 5 Years	40
Net of Allowance	40
Gross unrecognized gains
Gross unrealized gains - After 1 to 5 years	2		2
Gross Unrealized Gains	2		2
Gross unrealized losses
Gross unrealized losses - After 1 to 5 years	0		0
Gross Unrealized Losses	0		0
Fair Value
Fair Value - After 1 to 5 years	42		47
Fair value	$ 42		$ 47
Weighted Average Yield
Weighted average yield - After 1 to 5 years	6.44%		6.44%
Weighted Average Yield	6.44%		6.44%
Securities in wholly owned statutory business trusts
Amortized cost
Amortized cost - After 10 years	$ 11,561		$ 11,561
Amortized Cost	11,561		11,561
Allowance for credit losses
Allowance for credit losses - After 10 years	0
Less - Allowance for credit losses	0
Net of Allowance
Net of Allowance - After 10 Years	11,561
Net of Allowance	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
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 - Within 1 year	$ 500		$ 500
Amortized Cost	500		500
Allowance for credit losses
Allowance for credit losses - Within 1 Year	0
Less - Allowance for credit losses	0
Net of Allowance
Net of Allowance - Within 1 Year	500
Net of Allowance	500
Gross unrecognized gains
Gross unrealized gains - Within 1 year	0		0
Gross Unrealized Gains	0		0
Gross unrealized losses
Gross unrealized losses - Within 1 year	0		0
Gross Unrealized Losses	0		0
Fair Value
Fair Value - within 1 year	500		500
Fair value	$ 500		$ 500
Weighted Average Yield
Weighted average yield - Within 1 Year	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) $ in Thousands	Dec. 31, 2019USD ($)
Debt Securities, Held-to-maturity
Less than 12 months Fair Value	$ 17,544
Less than 12 months Gross Unrealized Losses	291
12 months or more Fair Value	12,673
12 months or more Gross Unrealized Losses	1,647
Total Fair Value	30,217
Total Gross Unrealized Losses	1,938
Obligations of Puerto Rico, States and political subdivisions
Debt Securities, Held-to-maturity
Less than 12 months Fair Value	17,544
Less than 12 months Gross Unrealized Losses	291
12 months or more Fair Value	12,673
12 months or more Gross Unrealized Losses	1,647
Total Fair Value	30,217
Total Gross Unrealized Losses	$ 1,938

Debt Securities Held-to-matur_5

Debt Securities Held-to-maturity - Credit quality indicators (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Debt securities held to maturity credit quality indicator
Debt securities held-to-maturity	$ 95,429	$ 97,662
Obligations of Puerto Rico, States and political subdivisions
Debt securities held to maturity credit quality indicator
Debt securities held-to-maturity	83,328	85,556
Obligations of Puerto Rico, States and political subdivisions | Munis Payable From Real and Personal Property Taxes
Debt securities held to maturity credit quality indicator
Debt securities held-to-maturity	37,625
Collateralized Mortgage Obligations - Federal agencies
Debt securities held to maturity credit quality indicator
Debt securities held-to-maturity	40	45
Securities in wholly owned statutory business trusts
Debt securities held to maturity credit quality indicator
Debt securities held-to-maturity	11,561	11,561
Other
Debt securities held to maturity credit quality indicator
Debt securities held-to-maturity	500	$ 500
Watch | Obligations of Puerto Rico, States and political subdivisions | Munis Payable From Real and Personal Property Taxes
Debt securities held to maturity credit quality indicator
Debt securities held-to-maturity	22,230
Special Mention | Obligations of Puerto Rico, States and political subdivisions | Munis Payable From Real and Personal Property Taxes
Debt securities held to maturity credit quality indicator
Debt securities held-to-maturity	$ 15,395

Debt Securities Held-to-matur_6

Debt Securities Held-to-maturity - Allowance for credit loss on held to maturity (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2020
Debt securities held to maturity allowance for credit loss
Beginning balance		$ 0
Ending balance	$ 12,735	12,735
Obligations of Puerto Rico, States and political subdivisions
Debt securities held to maturity allowance for credit loss
Beginning balance	13,390	0
Impact of adopting ASC 326		12,654
Provision for credit loss expense (reversal of provision)	(655)	81
Debt securities held to maturity Allowance for Credit Loss Write off	0	0
Recoveries	0	0
Ending balance	12,735	12,735
Collateralized Mortgage Obligations - Federal agencies
Debt securities held to maturity allowance for credit loss
Ending balance	0	0
Securities in wholly owned statutory business trusts
Debt securities held to maturity allowance for credit loss
Ending balance	0	0
Other
Debt securities held to maturity allowance for credit loss
Ending balance	$ 0	$ 0

Debt Securities Held-to-matur_7

Debt Securities Held-to-maturity -Additional Information (Details)	Jun. 30, 2020USD ($)score	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Jun. 30, 2019USD ($)	Mar. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Debt Securities, Held-to-maturity
Amortized Cost	$ 95,429,000		$ 97,662,000
Allowance for credit losses	918,434,000	$ 919,716,000	477,708,000	$ 543,666,000	$ 550,628,000	$ 569,348,000
Securities in non-performing status	0
Obligations of Puerto Rico, States and political subdivisions
Debt Securities, Held-to-maturity
Amortized Cost	$ 83,328,000		$ 85,556,000
Average Credit Score Fico | score	690
Percentage of nominal value	65.00%
Obligations of Puerto Rico, States and political subdivisions | Munis Payable From Real and Personal Property Taxes
Debt Securities, Held-to-maturity
Amortized Cost	$ 37,625,000
Allowance for credit losses	3,200,000
Obligations of Puerto Rico, States and political subdivisions | Munis Not Guaranteed By Puerto Rico Central Government
Debt Securities, Held-to-maturity
Amortized Cost	45,000,000
Allowance for credit losses	$ 9,500,000

Loans - Loans held-in-portfolio

Loans - Loans held-in-portfolio in past due status, non-performing status and accruing loans past-due 90 days or more by loan class (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019
Financing Receivable, Recorded Investment, Past Due
Past Due	$ 2,360,534	$ 1,803,602
Current	26,710,019	25,603,271
Loans held-in-portfolio	29,070,553	27,406,873	$ 27,005,745
Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	473,047	454,281
Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	248,507	208,221
Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	1,638,980	1,141,100
Non-accrual loans	760,204	527,841
Accruing loans past-due 90 days or more	878,776	460,133
Construction
Financing Receivable, Recorded Investment, Past Due
Past Due	32,809	1,700
Current	895,698	829,392
Loans held-in-portfolio	928,507	831,092	825,419
Construction | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	23,209	1,555
Construction | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	9,600	0
Construction | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	0	145
Non-accrual loans	0	145
Accruing loans past-due 90 days or more	0	0
Mortgages
Financing Receivable, Recorded Investment, Past Due
Past Due	1,680,168	1,299,443
Current	5,841,627	5,884,089
Loans held-in-portfolio	7,521,795	7,183,532	7,198,959
Mortgages | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	282,030	300,480
Mortgages | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	127,635	150,221
Mortgages | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	1,270,503	848,742
Non-accrual loans	411,406	294,799
Accruing loans past-due 90 days or more	859,097	439,662
Legacy
Financing Receivable, Recorded Investment, Past Due
Past Due	2,113	2,056
Current	14,887	20,049
Loans held-in-portfolio	17,000	22,105	23,893
Legacy | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	29	49
Legacy | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	83	8
Legacy | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	2,001	1,999
Non-accrual loans	2,001	1,999
Accruing loans past-due 90 days or more	0	0
Commercial
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio		12,312,751	12,216,603
Commercial | Commercial multi-family
Financing Receivable, Recorded Investment, Past Due
Past Due	7,996	6,688
Current	1,780,626	1,788,471
Loans held-in-portfolio	1,788,622	1,795,159
Commercial | Commercial multi-family | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	1,641	2,950
Commercial | Commercial multi-family | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	2,890	129
Commercial | Commercial multi-family | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	3,465	3,609
Non-accrual loans	3,465	3,570
Accruing loans past-due 90 days or more	0	0
Commercial | CRE non-owner occupied
Financing Receivable, Recorded Investment, Past Due
Past Due	144,107	60,675
Current	3,885,383	3,917,839
Loans held-in-portfolio	4,029,490	3,978,514
Commercial | CRE non-owner occupied | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	25,783	11,486
Commercial | CRE non-owner occupied | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	9,256	5,244
Commercial | CRE non-owner occupied | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	109,068	43,945
Non-accrual loans	109,068	40,249
Accruing loans past-due 90 days or more	0	0
Commercial | CRE owner occupied
Financing Receivable, Recorded Investment, Past Due
Past Due	127,384	96,220
Current	1,899,565	1,829,244
Loans held-in-portfolio	2,026,949	1,925,464
Commercial | CRE owner occupied | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	20,449	7,454
Commercial | CRE owner occupied | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	5,471	3,978
Commercial | CRE owner occupied | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	101,464	84,788
Non-accrual loans	101,464	69,527
Accruing loans past-due 90 days or more	0	0
Commercial | Commercial and Industrial
Financing Receivable, Recorded Investment, Past Due
Past Due	79,612	68,109
Current	5,810,409	4,545,505
Loans held-in-portfolio	5,890,021	4,613,614
Commercial | Commercial and Industrial | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	9,863	9,234
Commercial | Commercial and Industrial | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	21,465	1,774
Commercial | Commercial and Industrial | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	48,284	57,101
Non-accrual loans	47,131	37,414
Accruing loans past-due 90 days or more	1,153	544
Leasing
Financing Receivable, Recorded Investment, Past Due
Past Due	26,492	18,724
Current	1,071,696	1,040,783
Loans held-in-portfolio	1,098,188	1,059,507	991,546
Leasing | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	11,386	12,014
Leasing | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	10,355	3,053
Leasing | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	4,751	3,657
Non-accrual loans	4,751	3,657
Accruing loans past-due 90 days or more	0	0
Consumer
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio		5,997,886	5,749,325
Consumer | Credit cards
Financing Receivable, Recorded Investment, Past Due
Past Due	42,401	38,747
Current	935,007	1,085,089
Loans held-in-portfolio	977,408	1,123,836
Consumer | Credit cards | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	9,128	11,358
Consumer | Credit cards | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	15,424	7,928
Consumer | Credit cards | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	17,849	19,461
Non-accrual loans	0	0
Accruing loans past-due 90 days or more	17,849	19,461
Consumer | Home equity lines of credit
Financing Receivable, Recorded Investment, Past Due
Past Due	10,894	10,710
Current	104,379	111,671
Loans held-in-portfolio	115,273	122,381
Consumer | Home equity lines of credit | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	1,729	404
Consumer | Home equity lines of credit | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	917	352
Consumer | Home equity lines of credit | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	8,248	9,954
Non-accrual loans	8,242	9,954
Accruing loans past-due 90 days or more	6	0
Consumer | Personal loans
Financing Receivable, Recorded Investment, Past Due
Past Due	74,187	49,063
Current	1,566,976	1,643,527
Loans held-in-portfolio	1,641,163	1,692,590
Consumer | Personal loans | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	22,123	15,767
Consumer | Personal loans | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	15,254	10,934
Consumer | Personal loans | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	36,810	22,362
Non-accrual loans	36,810	21,595
Accruing loans past-due 90 days or more	0	61
Consumer | Auto Loan
Financing Receivable, Recorded Investment, Past Due
Past Due	116,901	135,499
Current	2,787,423	2,782,023
Loans held-in-portfolio	2,904,324	2,917,522
Consumer | Auto Loan | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	64,977	81,169
Consumer | Auto Loan | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	29,813	23,182
Consumer | Auto Loan | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	22,111	31,148
Non-accrual loans	22,111	31,148
Accruing loans past-due 90 days or more	0	0
Consumer | Other
Financing Receivable, Recorded Investment, Past Due
Past Due	15,470	15,968
Current	116,343	125,589
Loans held-in-portfolio	131,813	141,557
Consumer | Other | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	700	361
Consumer | Other | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	344	1,418
Consumer | Other | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	14,426	14,189
Non-accrual loans	13,755	13,784
Accruing loans past-due 90 days or more	671	405
Puerto Rico
Financing Receivable, Recorded Investment, Past Due
Past Due	2,262,765	1,728,407
Current	19,161,438	18,451,825
Loans held-in-portfolio	21,424,203	20,180,232	20,041,661
Puerto Rico | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	436,781	432,805
Puerto Rico | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	220,605	202,212
Puerto Rico | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	1,605,379	1,093,390
Non-accrual loans	726,603	499,200
Accruing loans past-due 90 days or more	878,776	460,133
Puerto Rico | Construction
Financing Receivable, Recorded Investment, Past Due
Past Due	0	1,674
Current	176,612	135,796
Loans held-in-portfolio	176,612	137,470	108,958
Puerto Rico | Construction | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	1,555
Puerto Rico | Construction | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	0
Puerto Rico | Construction | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	0	119
Non-accrual loans	0	119
Accruing loans past-due 90 days or more	0	0
Puerto Rico | Mortgages
Financing Receivable, Recorded Investment, Past Due
Past Due	1,659,015	1,268,854
Current	4,751,803	4,897,894
Loans held-in-portfolio	6,410,818	6,166,748	6,302,958
Puerto Rico | Mortgages | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	279,498	285,006
Puerto Rico | Mortgages | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	123,158	146,197
Puerto Rico | Mortgages | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	1,256,359	837,651
Non-accrual loans	397,262	283,708
Accruing loans past-due 90 days or more	859,097	439,662
Puerto Rico | Commercial
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio		7,261,130	7,339,849
Puerto Rico | Commercial | Commercial multi-family
Financing Receivable, Recorded Investment, Past Due
Past Due	5,533	4,582
Current	142,630	143,267
Loans held-in-portfolio	148,163	147,849
Puerto Rico | Commercial | Commercial multi-family | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	1,641	2,941
Puerto Rico | Commercial | Commercial multi-family | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	2,524	129
Puerto Rico | Commercial | Commercial multi-family | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	1,368	1,512
Non-accrual loans	1,368	1,473
Accruing loans past-due 90 days or more	0	0
Puerto Rico | Commercial | CRE non-owner occupied
Financing Receivable, Recorded Investment, Past Due
Past Due	136,882	59,347
Current	1,940,018	2,048,871
Loans held-in-portfolio	2,076,900	2,108,218
Puerto Rico | Commercial | CRE non-owner occupied | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	24,091	10,439
Puerto Rico | Commercial | CRE non-owner occupied | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	4,120	5,244
Puerto Rico | Commercial | CRE non-owner occupied | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	108,671	43,664
Non-accrual loans	108,671	39,968
Accruing loans past-due 90 days or more	0	0
Puerto Rico | Commercial | CRE owner occupied
Financing Receivable, Recorded Investment, Past Due
Past Due	126,022	94,219
Current	1,554,153	1,492,110
Loans held-in-portfolio	1,680,175	1,586,329
Puerto Rico | Commercial | CRE owner occupied | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	19,439	5,704
Puerto Rico | Commercial | CRE owner occupied | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	5,471	3,978
Puerto Rico | Commercial | CRE owner occupied | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	101,112	84,537
Non-accrual loans	101,112	69,276
Accruing loans past-due 90 days or more	0	0
Puerto Rico | Commercial | Commercial and Industrial
Financing Receivable, Recorded Investment, Past Due
Past Due	64,718	47,582
Current	4,382,221	3,371,152
Loans held-in-portfolio	4,446,939	3,418,734
Puerto Rico | Commercial | Commercial and Industrial | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	5,422	8,780
Puerto Rico | Commercial | Commercial and Industrial | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	15,404	1,646
Puerto Rico | Commercial | Commercial and Industrial | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	43,892	37,156
Non-accrual loans	42,739	36,538
Accruing loans past-due 90 days or more	1,153	544
Puerto Rico | Leasing
Financing Receivable, Recorded Investment, Past Due
Past Due	26,492	18,724
Current	1,071,696	1,040,783
Loans held-in-portfolio	1,098,188	1,059,507	991,546
Puerto Rico | Leasing | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	11,386	12,014
Puerto Rico | Leasing | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	10,355	3,053
Puerto Rico | Leasing | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	4,751	3,657
Non-accrual loans	4,751	3,657
Accruing loans past-due 90 days or more	0	0
Puerto Rico | Consumer
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio		5,555,377	5,298,350
Puerto Rico | Consumer | Credit cards
Financing Receivable, Recorded Investment, Past Due
Past Due	42,401	38,747
Current	934,981	1,085,053
Loans held-in-portfolio	977,382	1,123,800
Puerto Rico | Consumer | Credit cards | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	9,128	11,358
Puerto Rico | Consumer | Credit cards | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	15,424	7,928
Puerto Rico | Consumer | Credit cards | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	17,849	19,461
Non-accrual loans	0	0
Accruing loans past-due 90 days or more	17,849	19,461
Puerto Rico | Consumer | Home equity lines of credit
Financing Receivable, Recorded Investment, Past Due
Past Due	282	85
Current	4,284	4,953
Loans held-in-portfolio	4,566	5,038
Puerto Rico | Consumer | Home equity lines of credit | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	14	0
Puerto Rico | Consumer | Home equity lines of credit | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	262	85
Puerto Rico | Consumer | Home equity lines of credit | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	6	0
Non-accrual loans	0	0
Accruing loans past-due 90 days or more	6	0
Puerto Rico | Consumer | Personal loans
Financing Receivable, Recorded Investment, Past Due
Past Due	69,049	43,129
Current	1,300,646	1,325,021
Loans held-in-portfolio	1,369,695	1,368,150
Puerto Rico | Consumer | Personal loans | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	20,485	13,481
Puerto Rico | Consumer | Personal loans | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	13,730	9,352
Puerto Rico | Consumer | Personal loans | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	34,834	20,296
Non-accrual loans	34,834	19,529
Accruing loans past-due 90 days or more	0	61
Puerto Rico | Consumer | Auto Loan
Financing Receivable, Recorded Investment, Past Due
Past Due	116,901	135,499
Current	2,787,423	2,782,023
Loans held-in-portfolio	2,904,324	2,917,522
Puerto Rico | Consumer | Auto Loan | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	64,977	81,169
Puerto Rico | Consumer | Auto Loan | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	29,813	23,182
Puerto Rico | Consumer | Auto Loan | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	22,111	31,148
Non-accrual loans	22,111	31,148
Accruing loans past-due 90 days or more	0	0
Puerto Rico | Consumer | Other
Financing Receivable, Recorded Investment, Past Due
Past Due	15,470	15,965
Current	114,971	124,902
Loans held-in-portfolio	130,441	140,867
Puerto Rico | Consumer | Other | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	700	358
Puerto Rico | Consumer | Other | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	344	1,418
Puerto Rico | Consumer | Other | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	14,426	14,189
Non-accrual loans	13,755	13,784
Accruing loans past-due 90 days or more	671	405
Popular U.S.
Financing Receivable, Recorded Investment, Past Due
Past Due	97,769	75,195
Current	7,548,581	7,151,446
Loans held-in-portfolio	7,646,350	7,226,641	6,964,084
Popular U.S. | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	36,266	21,476
Popular U.S. | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	27,902	6,009
Popular U.S. | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	33,601	47,710
Non-accrual loans	33,601	28,641
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Construction
Financing Receivable, Recorded Investment, Past Due
Past Due	32,809	26
Current	719,086	693,596
Loans held-in-portfolio	751,895	693,622	716,461
Popular U.S. | Construction | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	23,209	0
Popular U.S. | Construction | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	9,600	0
Popular U.S. | Construction | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	0	26
Non-accrual loans	0	26
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Mortgages
Financing Receivable, Recorded Investment, Past Due
Past Due	21,153	30,589
Current	1,089,824	986,195
Loans held-in-portfolio	1,110,977	1,016,784	896,001
Popular U.S. | Mortgages | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	2,532	15,474
Popular U.S. | Mortgages | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	4,477	4,024
Popular U.S. | Mortgages | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	14,144	11,091
Non-accrual loans	14,144	11,091
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Legacy
Financing Receivable, Recorded Investment, Past Due
Past Due	2,113	2,056
Current	14,887	20,049
Loans held-in-portfolio	17,000	22,105	23,893
Popular U.S. | Legacy | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	29	49
Popular U.S. | Legacy | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	83	8
Popular U.S. | Legacy | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	2,001	1,999
Non-accrual loans	2,001	1,999
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Commercial
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio		5,051,621	4,876,754
Popular U.S. | Commercial | Commercial multi-family
Financing Receivable, Recorded Investment, Past Due
Past Due	2,463	2,106
Current	1,637,996	1,645,204
Loans held-in-portfolio	1,640,459	1,647,310
Popular U.S. | Commercial | Commercial multi-family | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	9
Popular U.S. | Commercial | Commercial multi-family | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	366	0
Popular U.S. | Commercial | Commercial multi-family | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	2,097	2,097
Non-accrual loans	2,097	2,097
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Commercial | CRE non-owner occupied
Financing Receivable, Recorded Investment, Past Due
Past Due	7,225	1,328
Current	1,945,365	1,868,968
Loans held-in-portfolio	1,952,590	1,870,296
Popular U.S. | Commercial | CRE non-owner occupied | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	1,692	1,047
Popular U.S. | Commercial | CRE non-owner occupied | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	5,136	0
Popular U.S. | Commercial | CRE non-owner occupied | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	397	281
Non-accrual loans	397	281
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Commercial | CRE owner occupied
Financing Receivable, Recorded Investment, Past Due
Past Due	1,362	2,001
Current	345,412	337,134
Loans held-in-portfolio	346,774	339,135
Popular U.S. | Commercial | CRE owner occupied | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	1,010	1,750
Popular U.S. | Commercial | CRE owner occupied | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	0
Popular U.S. | Commercial | CRE owner occupied | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	352	251
Non-accrual loans	352	251
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Commercial | Commercial and Industrial
Financing Receivable, Recorded Investment, Past Due
Past Due	14,894	20,527
Current	1,428,188	1,174,353
Loans held-in-portfolio	1,443,082	1,194,880
Popular U.S. | Commercial | Commercial and Industrial | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	4,441	454
Popular U.S. | Commercial | Commercial and Industrial | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	6,061	128
Popular U.S. | Commercial | Commercial and Industrial | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	4,392	19,945
Non-accrual loans	4,392	876
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Consumer
Financing Receivable, Recorded Investment, Past Due
Loans held-in-portfolio		442,509	$ 450,975
Popular U.S. | Consumer | Credit cards
Financing Receivable, Recorded Investment, Past Due
Past Due	0	0
Current	26	36
Loans held-in-portfolio	26	36
Popular U.S. | Consumer | Credit cards | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	0
Popular U.S. | Consumer | Credit cards | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	0
Popular U.S. | Consumer | Credit cards | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	0	0
Non-accrual loans	0	0
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Consumer | Home equity lines of credit
Financing Receivable, Recorded Investment, Past Due
Past Due	10,612	10,625
Current	100,095	106,718
Loans held-in-portfolio	110,707	117,343
Popular U.S. | Consumer | Home equity lines of credit | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	1,715	404
Popular U.S. | Consumer | Home equity lines of credit | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	655	267
Popular U.S. | Consumer | Home equity lines of credit | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	8,242	9,954
Non-accrual loans	8,242	9,954
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Consumer | Personal loans
Financing Receivable, Recorded Investment, Past Due
Past Due	5,138	5,934
Current	266,330	318,506
Loans held-in-portfolio	271,468	324,440
Popular U.S. | Consumer | Personal loans | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	1,638	2,286
Popular U.S. | Consumer | Personal loans | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	1,524	1,582
Popular U.S. | Consumer | Personal loans | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	1,976	2,066
Non-accrual loans	1,976	2,066
Accruing loans past-due 90 days or more	0	0
Popular U.S. | Consumer | Other
Financing Receivable, Recorded Investment, Past Due
Past Due	0	3
Current	1,372	687
Loans held-in-portfolio	1,372	690
Popular U.S. | Consumer | Other | Past Due 30 To 59 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	3
Popular U.S. | Consumer | Other | Past Due 60 To 89 Days
Financing Receivable, Recorded Investment, Past Due
Past Due	0	0
Popular U.S. | Consumer | Other | Past Due 90 Days or More
Financing Receivable, Recorded Investment, Past Due
Past Due	0	0
Non-accrual loans	0	0
Accruing loans past-due 90 days or more	$ 0	$ 0

Loans - Loans HIP in past due s

Loans - 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	Jun. 30, 2020	Jan. 02, 2020	Dec. 31, 2019	Jun. 30, 2019
Accounts, Notes, Loans and Financing Receivable
Unearned Income	$ 179,523		$ 180,983
Loans held-for-sale, at lower of cost or fair value	68,725		59,203
Pledged Financial Instruments, Not Separately Reported, Loans Receivable Pledged as Collateral	7,100,000		6,700,000
Loans-held-in portfolio served as collateral to secure credit facilities authorized with the FHLB	4,500,000		4,600,000
Loans held-in-portfolio, net of unearned income	29,070,553		27,406,873	$ 27,005,745
Recorded investment current	26,710,019		25,603,271
Mortgage loans related to buy-back option program	29,250,076		27,587,856
Mortgages
Accounts, Notes, Loans and Financing Receivable
Loans held-in-portfolio, net of unearned income	7,521,795		7,183,532	7,198,959
Recorded investment current	5,841,627		5,884,089
Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable
Financing Receivable Recorded Investment 90 Days Past Due And Still Accruing	878,776		460,133
Past Due 90 Days or More | Mortgages
Accounts, Notes, Loans and Financing Receivable
Financing Receivable Recorded Investment 90 Days Past Due And Still Accruing	859,097		439,662
Buy back option program
Accounts, Notes, Loans and Financing Receivable
Mortgage loans related to buy-back option program			103,000
Buy back option program | GNMA | Past Due 90 Days or More | Mortgages
Accounts, Notes, Loans and Financing Receivable
Financing Receivable Recorded Investment 90 Days Past Due And Still Accruing	522,000		103,000
FRB Advances
Accounts, Notes, Loans and Financing Receivable
Loans served as collateral to secure debt obligations	2,600,000		2,100,000
Puerto Rico
Accounts, Notes, Loans and Financing Receivable
Loans held-in-portfolio, net of unearned income	21,424,203		20,180,232	20,041,661
Recorded investment current	19,161,438		18,451,825
Puerto Rico | Mortgages
Accounts, Notes, Loans and Financing Receivable
Loans held-in-portfolio, net of unearned income	6,410,818		6,166,748	6,302,958
Recorded investment current	4,751,803		4,897,894
Puerto Rico | Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable
Financing Receivable Recorded Investment 90 Days Past Due And Still Accruing	878,776		460,133
Puerto Rico | Past Due 90 Days or More | Mortgages
Accounts, Notes, Loans and Financing Receivable
Financing Receivable Recorded Investment 90 Days Past Due And Still Accruing	859,097		439,662
Popular U.S.
Accounts, Notes, Loans and Financing Receivable
Loans held-in-portfolio, net of unearned income	7,646,350		7,226,641	6,964,084
Recorded investment current	7,548,581		7,151,446
Popular U.S. | Mortgages
Accounts, Notes, Loans and Financing Receivable
Loans held-in-portfolio, net of unearned income	1,110,977		1,016,784	$ 896,001
Recorded investment current	1,089,824		986,195
Popular U.S. | Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable
Financing Receivable Recorded Investment 90 Days Past Due And Still Accruing	0		0
Popular U.S. | Past Due 90 Days or More | Mortgages
Accounts, Notes, Loans and Financing Receivable
Financing Receivable Recorded Investment 90 Days Past Due And Still Accruing	$ 0		0
ASC Subtopic 310-30
Accounts, Notes, Loans and Financing Receivable
Loans held-in-portfolio, net of unearned income			153,000
Recorded investment current		$ 134,000
Financing Receivable Recorded Investment 90 Days Past Due And Still Accruing		144,000
ASC Subtopic 310-30 | Puerto Rico
Accounts, Notes, Loans and Financing Receivable
Loans held-in-portfolio, net of unearned income			134,000
Recorded investment current		134,000
Financing Receivable Recorded Investment 90 Days Past Due And Still Accruing		$ 125,000
ASC Subtopic 310-30 | Popular U.S.
Accounts, Notes, Loans and Financing Receivable
Loans held-in-portfolio, net of unearned income			$ 19,000

Loans - Amortized cost basis an

Loans - Amortized cost basis and interest income recognized on non-accrual loans (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2020USD ($)
Financing receivable nonaccrual status
Non-accrual with no allowance	$ 250,266
Non-accrual with allowance	509,938
Interest income recognized	2,829
Mortgages
Financing receivable nonaccrual status
Non-accrual with no allowance	143,816
Non-accrual with allowance	267,590
Interest income recognized	1,226
Legacy
Financing receivable nonaccrual status
Non-accrual with no allowance	0
Non-accrual with allowance	2,001
Interest income recognized	0
Commercial | Commercial multi-family
Financing receivable nonaccrual status
Non-accrual with no allowance	0
Non-accrual with allowance	3,465
Interest income recognized	0
Commercial | CRE non-owner occupied
Financing receivable nonaccrual status
Non-accrual with no allowance	40,648
Non-accrual with allowance	68,420
Interest income recognized	232
Commercial | CRE owner occupied
Financing receivable nonaccrual status
Non-accrual with no allowance	30,622
Non-accrual with allowance	70,842
Interest income recognized	428
Commercial | Commercial and Industrial
Financing receivable nonaccrual status
Non-accrual with no allowance	29,149
Non-accrual with allowance	17,982
Interest income recognized	196
Leasing
Financing receivable nonaccrual status
Non-accrual with no allowance	30
Non-accrual with allowance	4,721
Interest income recognized	1
Consumer | Home equity lines of credit
Financing receivable nonaccrual status
Non-accrual with no allowance	0
Non-accrual with allowance	8,242
Interest income recognized	0
Consumer | Personal loans
Financing receivable nonaccrual status
Non-accrual with no allowance	5,958
Non-accrual with allowance	30,852
Interest income recognized	291
Consumer | Auto Loan
Financing receivable nonaccrual status
Non-accrual with no allowance	43
Non-accrual with allowance	22,068
Interest income recognized	336
Consumer | Other
Financing receivable nonaccrual status
Non-accrual with no allowance	0
Non-accrual with allowance	13,755
Interest income recognized	119
Puerto Rico
Financing receivable nonaccrual status
Non-accrual with no allowance	245,905
Non-accrual with allowance	480,698
Interest income recognized	2,818
Puerto Rico | Mortgages
Financing receivable nonaccrual status
Non-accrual with no allowance	143,201
Non-accrual with allowance	254,061
Interest income recognized	1,218
Puerto Rico | Legacy
Financing receivable nonaccrual status
Non-accrual with no allowance	0
Non-accrual with allowance	0
Interest income recognized	0
Puerto Rico | Commercial | Commercial multi-family
Financing receivable nonaccrual status
Non-accrual with no allowance	0
Non-accrual with allowance	1,368
Interest income recognized	0
Puerto Rico | Commercial | CRE non-owner occupied
Financing receivable nonaccrual status
Non-accrual with no allowance	40,648
Non-accrual with allowance	68,023
Interest income recognized	232
Puerto Rico | Commercial | CRE owner occupied
Financing receivable nonaccrual status
Non-accrual with no allowance	30,622
Non-accrual with allowance	70,490
Interest income recognized	428
Puerto Rico | Commercial | Commercial and Industrial
Financing receivable nonaccrual status
Non-accrual with no allowance	25,403
Non-accrual with allowance	17,336
Interest income recognized	196
Puerto Rico | Leasing
Financing receivable nonaccrual status
Non-accrual with no allowance	30
Non-accrual with allowance	4,721
Interest income recognized	1
Puerto Rico | Consumer | Home equity lines of credit
Financing receivable nonaccrual status
Non-accrual with no allowance	0
Non-accrual with allowance	0
Interest income recognized	0
Puerto Rico | Consumer | Personal loans
Financing receivable nonaccrual status
Non-accrual with no allowance	5,958
Non-accrual with allowance	28,876
Interest income recognized	288
Puerto Rico | Consumer | Auto Loan
Financing receivable nonaccrual status
Non-accrual with no allowance	43
Non-accrual with allowance	22,068
Interest income recognized	336
Puerto Rico | Consumer | Other
Financing receivable nonaccrual status
Non-accrual with no allowance	0
Non-accrual with allowance	13,755
Interest income recognized	119
Popular U.S.
Financing receivable nonaccrual status
Non-accrual with no allowance	4,361
Non-accrual with allowance	29,240
Interest income recognized	11
Popular U.S. | Mortgages
Financing receivable nonaccrual status
Non-accrual with no allowance	615
Non-accrual with allowance	13,529
Interest income recognized	8
Popular U.S. | Legacy
Financing receivable nonaccrual status
Non-accrual with no allowance	0
Non-accrual with allowance	2,001
Interest income recognized	0
Popular U.S. | Commercial | Commercial multi-family
Financing receivable nonaccrual status
Non-accrual with no allowance	0
Non-accrual with allowance	2,097
Interest income recognized	0
Popular U.S. | Commercial | CRE non-owner occupied
Financing receivable nonaccrual status
Non-accrual with no allowance	0
Non-accrual with allowance	397
Interest income recognized	0
Popular U.S. | Commercial | CRE owner occupied
Financing receivable nonaccrual status
Non-accrual with no allowance	0
Non-accrual with allowance	352
Interest income recognized	0
Popular U.S. | Commercial | Commercial and Industrial
Financing receivable nonaccrual status
Non-accrual with no allowance	3,746
Non-accrual with allowance	646
Interest income recognized	0
Popular U.S. | Leasing
Financing receivable nonaccrual status
Non-accrual with no allowance	0
Non-accrual with allowance	0
Interest income recognized	0
Popular U.S. | Consumer | Home equity lines of credit
Financing receivable nonaccrual status
Non-accrual with no allowance	0
Non-accrual with allowance	8,242
Interest income recognized	0
Popular U.S. | Consumer | Personal loans
Financing receivable nonaccrual status
Non-accrual with no allowance	0
Non-accrual with allowance	1,976
Interest income recognized	3
Popular U.S. | Consumer | Auto Loan
Financing receivable nonaccrual status
Non-accrual with no allowance	0
Non-accrual with allowance	0
Interest income recognized	0
Popular U.S. | Consumer | Other
Financing receivable nonaccrual status
Non-accrual with no allowance	0
Non-accrual with allowance	0
Interest income recognized	$ 0

Loans - Amortized cost basis of

Loans - Amortized cost basis of collateral dependent loans by class (Details) $ in Thousands	Jun. 30, 2020USD ($)
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	$ 29,070,553
Collateral assets
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	588,916
Real Estate
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	556,571
Auto
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	74
Equipment
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Taxi medallions
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	3,747
Accounts receivable
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	13,359
Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	15,165
Mortgages
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	7,521,795
Mortgages | Collateral assets
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	188,801
Mortgages | Real Estate
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	188,801
Mortgages | Auto
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Mortgages | Equipment
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Mortgages | Taxi medallions
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Mortgages | Accounts receivable
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Mortgages | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Commercial | Commercial multi-family
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	1,788,622
Commercial | Commercial multi-family | Collateral assets
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	2,097
Commercial | Commercial multi-family | Real Estate
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	2,097
Commercial | Commercial multi-family | Auto
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Commercial | Commercial multi-family | Equipment
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Commercial | Commercial multi-family | Taxi medallions
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Commercial | Commercial multi-family | Accounts receivable
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Commercial | Commercial multi-family | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Commercial | CRE non-owner occupied
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	4,029,490
Commercial | CRE non-owner occupied | Collateral assets
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	295,441
Commercial | CRE non-owner occupied | Real Estate
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	295,441
Commercial | CRE non-owner occupied | Auto
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Commercial | CRE non-owner occupied | Equipment
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Commercial | CRE non-owner occupied | Taxi medallions
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Commercial | CRE non-owner occupied | Accounts receivable
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Commercial | CRE non-owner occupied | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Commercial | CRE owner occupied
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	2,026,949
Commercial | CRE owner occupied | Collateral assets
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	60,594
Commercial | CRE owner occupied | Real Estate
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	60,594
Commercial | CRE owner occupied | Auto
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Commercial | CRE owner occupied | Equipment
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Commercial | CRE owner occupied | Taxi medallions
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Commercial | CRE owner occupied | Accounts receivable
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Commercial | CRE owner occupied | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Commercial | Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	5,890,021
Commercial | Commercial and Industrial | Collateral assets
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	36,133
Commercial | Commercial and Industrial | Real Estate
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	3,862
Commercial | Commercial and Industrial | Auto
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Commercial | Commercial and Industrial | Equipment
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Commercial | Commercial and Industrial | Taxi medallions
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	3,747
Commercial | Commercial and Industrial | Accounts receivable
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	13,359
Commercial | Commercial and Industrial | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	15,165
Leasing
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	1,098,188
Leasing | Collateral assets
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	31
Leasing | Real Estate
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Leasing | Auto
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	31
Leasing | Equipment
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Leasing | Taxi medallions
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Leasing | Accounts receivable
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Leasing | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Consumer | Personal loans
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	1,641,163
Consumer | Personal loans | Collateral assets
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	5,776
Consumer | Personal loans | Real Estate
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	5,776
Consumer | Personal loans | Auto
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Consumer | Personal loans | Equipment
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Consumer | Personal loans | Taxi medallions
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Consumer | Personal loans | Accounts receivable
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Consumer | Personal loans | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Consumer | Auto Loan
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	2,904,324
Consumer | Auto Loan | Collateral assets
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	43
Consumer | Auto Loan | Real Estate
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Consumer | Auto Loan | Auto
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	43
Consumer | Auto Loan | Equipment
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Consumer | Auto Loan | Taxi medallions
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Consumer | Auto Loan | Accounts receivable
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Consumer | Auto Loan | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Consumer | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	131,813
Puerto Rico
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	21,424,203
Puerto Rico | Collateral assets
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	582,355
Puerto Rico | Real Estate
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	553,757
Puerto Rico | Auto
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	74
Puerto Rico | Equipment
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Taxi medallions
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Accounts receivable
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	13,359
Puerto Rico | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	15,165
Puerto Rico | Mortgages
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	6,410,818
Puerto Rico | Mortgages | Collateral assets
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	188,084
Puerto Rico | Mortgages | Real Estate
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	188,084
Puerto Rico | Mortgages | Auto
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Mortgages | Equipment
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Mortgages | Taxi medallions
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Mortgages | Accounts receivable
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Mortgages | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Commercial | Commercial multi-family
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	148,163
Puerto Rico | Commercial | CRE non-owner occupied
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	2,076,900
Puerto Rico | Commercial | CRE non-owner occupied | Collateral assets
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	295,441
Puerto Rico | Commercial | CRE non-owner occupied | Real Estate
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	295,441
Puerto Rico | Commercial | CRE non-owner occupied | Auto
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Commercial | CRE non-owner occupied | Equipment
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Commercial | CRE non-owner occupied | Taxi medallions
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Commercial | CRE non-owner occupied | Accounts receivable
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Commercial | CRE non-owner occupied | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Commercial | CRE owner occupied
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	1,680,175
Puerto Rico | Commercial | CRE owner occupied | Collateral assets
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	60,594
Puerto Rico | Commercial | CRE owner occupied | Real Estate
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	60,594
Puerto Rico | Commercial | CRE owner occupied | Auto
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Commercial | CRE owner occupied | Equipment
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Commercial | CRE owner occupied | Taxi medallions
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Commercial | CRE owner occupied | Accounts receivable
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Commercial | CRE owner occupied | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Commercial | Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	4,446,939
Puerto Rico | Commercial | Commercial and Industrial | Collateral assets
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	32,386
Puerto Rico | Commercial | Commercial and Industrial | Real Estate
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	3,862
Puerto Rico | Commercial | Commercial and Industrial | Auto
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Commercial | Commercial and Industrial | Equipment
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Commercial | Commercial and Industrial | Taxi medallions
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Commercial | Commercial and Industrial | Accounts receivable
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	13,359
Puerto Rico | Commercial | Commercial and Industrial | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	15,165
Puerto Rico | Leasing
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	1,098,188
Puerto Rico | Leasing | Collateral assets
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	31
Puerto Rico | Leasing | Real Estate
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Leasing | Auto
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	31
Puerto Rico | Leasing | Equipment
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Leasing | Taxi medallions
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Leasing | Accounts receivable
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Leasing | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Consumer | Personal loans
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	1,369,695
Puerto Rico | Consumer | Personal loans | Collateral assets
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	5,776
Puerto Rico | Consumer | Personal loans | Real Estate
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	5,776
Puerto Rico | Consumer | Personal loans | Auto
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Consumer | Personal loans | Equipment
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Consumer | Personal loans | Taxi medallions
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Consumer | Personal loans | Accounts receivable
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Consumer | Personal loans | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Consumer | Auto Loan
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	2,904,324
Puerto Rico | Consumer | Auto Loan | Collateral assets
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	43
Puerto Rico | Consumer | Auto Loan | Real Estate
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Consumer | Auto Loan | Auto
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	43
Puerto Rico | Consumer | Auto Loan | Equipment
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Consumer | Auto Loan | Taxi medallions
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Consumer | Auto Loan | Accounts receivable
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Consumer | Auto Loan | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Puerto Rico | Consumer | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	130,441
Popular U.S.
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	7,646,350
Popular U.S. | Collateral assets
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	6,561
Popular U.S. | Real Estate
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	2,814
Popular U.S. | Auto
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Popular U.S. | Equipment
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Popular U.S. | Taxi medallions
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	3,747
Popular U.S. | Accounts receivable
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Popular U.S. | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Popular U.S. | Mortgages
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	1,110,977
Popular U.S. | Mortgages | Collateral assets
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	717
Popular U.S. | Mortgages | Real Estate
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	717
Popular U.S. | Mortgages | Auto
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Popular U.S. | Mortgages | Equipment
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Popular U.S. | Mortgages | Taxi medallions
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Popular U.S. | Mortgages | Accounts receivable
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Popular U.S. | Mortgages | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Popular U.S. | Commercial | Commercial multi-family
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	1,640,459
Popular U.S. | Commercial | Commercial multi-family | Collateral assets
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	2,097
Popular U.S. | Commercial | Commercial multi-family | Real Estate
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	2,097
Popular U.S. | Commercial | Commercial multi-family | Auto
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Popular U.S. | Commercial | Commercial multi-family | Equipment
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Popular U.S. | Commercial | Commercial multi-family | Taxi medallions
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Popular U.S. | Commercial | Commercial multi-family | Accounts receivable
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Popular U.S. | Commercial | Commercial multi-family | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Popular U.S. | Commercial | CRE non-owner occupied
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	1,952,590
Popular U.S. | Commercial | CRE owner occupied
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	346,774
Popular U.S. | Commercial | Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	1,443,082
Popular U.S. | Commercial | Commercial and Industrial | Collateral assets
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	3,747
Popular U.S. | Commercial | Commercial and Industrial | Real Estate
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Popular U.S. | Commercial | Commercial and Industrial | Auto
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Popular U.S. | Commercial | Commercial and Industrial | Equipment
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Popular U.S. | Commercial | Commercial and Industrial | Taxi medallions
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	3,747
Popular U.S. | Commercial | Commercial and Industrial | Accounts receivable
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Popular U.S. | Commercial | Commercial and Industrial | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	0
Popular U.S. | Consumer | Personal loans
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	271,468
Popular U.S. | Consumer | Other
Accounts, Notes, Loans and Financing Receivable
Notes Receivable Gross	$ 1,372

Loans - Purchased Credit Deteri

Loans - Purchased Credit Deteriorated Loans (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2020
Purchased Financial Assets With Credit Deterioration [Abstract]
Purchase price of loans at acquisition	$ 1,627	$ 4,739
Allowance for credit losses at acquisition	567	996
Non-credit discount/premium at acquisition	74	212
Par value of acquired loans at acquisition	$ 2,268	$ 5,947

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	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable
Carrying amount	$ 1,643,718	$ 1,789,237	$ 1,831,257	$ 1,883,556
Less: Allowance for loan losses	(74,039)	(120,818)
Carrying amount, net of allowance	1,569,679	$ 1,668,419
Commercial real estate
Accounts, Notes, Loans and Financing Receivable
Carrying amount	670,566
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable
Carrying amount	104,756
Mortgages
Accounts, Notes, Loans and Financing Receivable
Carrying amount	856,618
Consumer
Accounts, Notes, Loans and Financing Receivable
Carrying amount	$ 11,778

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	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019	Dec. 31, 2019
Carrying amount of loans
Beginning Balance	$ 1,831,257	$ 1,883,556
Additions	10,528	15,748
Accretion	38,177	75,581
Collections / loan sales / charge-offs	(90,725)	(185,648)
Ending Balance	1,789,237	1,789,237
Less: Allowance for loan losses	(120,818)	(120,818)	$ (74,039)
Carrying amount, net of allowance	1,668,419	1,668,419	$ 1,569,679
Accretable yield
Beginning Balance	1,068,167	1,092,504
Additions	8,976	11,866
Accretion	(38,177)	(75,581)
Change In Expected Cash Flows	3,441	13,618
Ending Balance	$ 1,042,407	$ 1,042,407

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	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable
Carrying amount	$ 1,643,718	$ 1,789,237	$ 1,831,257	$ 1,883,556
Accretable yield		1,042,407	$ 1,068,167	$ 1,092,504
Non-credit Impaired Loans
Accounts, Notes, Loans and Financing Receivable
Carrying amount		1,300,000
Accretable yield		$ 700,000

Loans - Additional Information

Loans - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Jan. 02, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable
Transfers Of Financial Assets Accounted For As Sale Initial Fair Value Of Assets Obtained As Proceeds	$ 70,425	$ 120,541	$ 156,133	$ 214,266
Current	26,710,019		26,710,019			$ 25,603,271
Unpaid principal balance						1,223,205
Mortgage loans related to buy-back option program	29,250,076		29,250,076			27,587,856
Loans held-in-portfolio	29,070,553	27,005,745	29,070,553	27,005,745		27,406,873
Past Due	2,360,534		2,360,534			1,803,602
Non-accrual with no allowance	250,266		250,266
Collateral Pledged
Accounts, Notes, Loans and Financing Receivable
Non-accrual with no allowance	241,000		241,000
Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable
Accruing loans past-due 90 days or more	878,776		878,776			460,133
Past Due	1,638,980		1,638,980			1,141,100
Buy back option program
Accounts, Notes, Loans and Financing Receivable
Mortgage loans related to buy-back option program						103,000
Retail
Accounts, Notes, Loans and Financing Receivable
Purchase of Loans	10	89,000	56,000	158,000
Residential Mortgage
Accounts, Notes, Loans and Financing Receivable
Purchase of Loans	57,000	104,000	142,000	185,000
Mortgage Loans Sold	29,000	15,000	39,000	28,000
GNMA
Accounts, Notes, Loans and Financing Receivable
Transfers Of Financial Assets Accounted For As Sale Initial Fair Value Of Assets Obtained As Proceeds	63,000	88,000	114,000	159,000
FNMA
Accounts, Notes, Loans and Financing Receivable
Transfers Of Financial Assets Accounted For As Sale Initial Fair Value Of Assets Obtained As Proceeds	6,000	31,000	40,000	52,000
Purchased credit deterioration loan
Accounts, Notes, Loans and Financing Receivable
Purchase of Loans	2,000		6,000
Mortgages
Accounts, Notes, Loans and Financing Receivable
Current	5,841,627		5,841,627			5,884,089
Unpaid principal balance						624,368
Loans held-in-portfolio	7,521,795	7,198,959	7,521,795	7,198,959		7,183,532
Past Due	1,680,168		1,680,168			1,299,443
Non-accrual with no allowance	143,816		143,816
Mortgages | Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable
Accruing loans past-due 90 days or more	859,097		859,097			439,662
Past Due	1,270,503		1,270,503			848,742
Mortgages | US Government Agency Insured Loans
Accounts, Notes, Loans and Financing Receivable
Loans held-in-portfolio	1,800,000		1,800,000			1,400,000
Mortgages | US Government Agency Insured Loans | Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable
Past Due	859,000		859,000			441,000
Mortgages | GNMA | Buy back option program | Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable
Accruing loans past-due 90 days or more	522,000		522,000			103,000
Commercial Loans
Accounts, Notes, Loans and Financing Receivable
Purchase of Loans	2,000	29,000	3,000	43,000
Commercial and construction loan
Accounts, Notes, Loans and Financing Receivable
Mortgage Loans Sold	4,000	25,000	6,000	33,000
Construction
Accounts, Notes, Loans and Financing Receivable
Current	895,698		895,698			829,392
Unpaid principal balance						119
Loans held-in-portfolio	928,507	825,419	928,507	825,419		831,092
Past Due	32,809		32,809			1,700
Construction | Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable
Accruing loans past-due 90 days or more	0		0			0
Past Due	0		0			145
Consumer
Accounts, Notes, Loans and Financing Receivable
Loans held-in-portfolio		5,749,325		5,749,325		5,997,886
ASC Subtopic 310-30
Accounts, Notes, Loans and Financing Receivable
Outstanding principal balance of SOP loans						1,900,000
Accruing loans past-due 90 days or more					$ 144,000
Current					134,000
Loans held-in-portfolio						153,000
Puerto Rico
Accounts, Notes, Loans and Financing Receivable
Current	19,161,438		19,161,438			18,451,825
Unpaid principal balance						1,200,673
Loans held-in-portfolio	21,424,203	20,041,661	21,424,203	20,041,661		20,180,232
Past Due	2,262,765		2,262,765			1,728,407
Non-accrual with no allowance	245,905		245,905
Puerto Rico | Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable
Accruing loans past-due 90 days or more	878,776		878,776			460,133
Past Due	1,605,379		1,605,379			1,093,390
Puerto Rico | Mortgages
Accounts, Notes, Loans and Financing Receivable
Current	4,751,803		4,751,803			4,897,894
Unpaid principal balance						614,267
Loans held-in-portfolio	6,410,818	6,302,958	6,410,818	6,302,958		6,166,748
Past Due	1,659,015		1,659,015			1,268,854
Non-accrual with no allowance	143,201		143,201
Puerto Rico | Mortgages | Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable
Accruing loans past-due 90 days or more	859,097		859,097			439,662
Past Due	1,256,359		1,256,359			837,651
Puerto Rico | Reverse Mortgages
Accounts, Notes, Loans and Financing Receivable
Current	62,000		62,000			65,000
Puerto Rico | Residential mortgage loans insured By FHA
Accounts, Notes, Loans and Financing Receivable
Accruing loans past-due 90 days or more	234,000		234,000			213,000
Puerto Rico | Construction
Accounts, Notes, Loans and Financing Receivable
Current	176,612		176,612			135,796
Unpaid principal balance						119
Loans held-in-portfolio	176,612	108,958	176,612	108,958		137,470
Past Due	0		0			1,674
Puerto Rico | Construction | Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable
Accruing loans past-due 90 days or more	0		0			0
Past Due	$ 0		$ 0			119
Puerto Rico | Consumer
Accounts, Notes, Loans and Financing Receivable
Loans held-in-portfolio		$ 5,298,350		$ 5,298,350		5,555,377
Puerto Rico | ASC Subtopic 310-30
Accounts, Notes, Loans and Financing Receivable
Accruing loans past-due 90 days or more					125,000
Current					$ 134,000
Loans held-in-portfolio						$ 134,000

Allowance for credit losses - A

Allowance for credit losses - Allowance Movement (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	$ 919,716	$ 550,628	$ 477,708	$ 569,348
Impact of adopting CECL			315,107
Provision (reversal of provision)	63,104	40,191	252,099	82,016
Initial allowance for credit losses - PCD Loans	567		996
Charge-offs	(79,285)	(67,988)	(157,968)	(147,829)
Recoveries	14,332	20,835	30,492	40,131
Balance at end of period	918,434	543,666	918,434	543,666
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	120,369	100,027	120,369	100,027	$ 79,926
General ALLL		443,639		443,639
Impaired loans		1,044,485		1,044,485
Ending balance: loans collectively evaluated for impairment		25,961,260		25,961,260
Loans held-in-portfolio	29,070,553	27,005,745	29,070,553	27,005,745	27,406,873
Construction
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	2,591	7,496	4,778	7,424
Impact of adopting CECL			(2,871)
Provision (reversal of provision)	3,631	2,333	4,141	2,380
Initial allowance for credit losses - PCD Loans	0		0
Charge-offs	0	(30)	0	(52)
Recoveries	195	84	369	131
Balance at end of period	6,417	9,883	6,417	9,883
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	0	90	0	90	6
General ALLL		9,793		9,793
Impaired loans		13,848		13,848
Ending balance: loans collectively evaluated for impairment		811,571		811,571
Loans held-in-portfolio	928,507	825,419	928,507	825,419	831,092
Mortgages
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	227,087	142,298	121,108	147,412
Impact of adopting CECL			96,512
Provision (reversal of provision)	2,118	(839)	16,693	5,459
Initial allowance for credit losses - PCD Loans	567		996
Charge-offs	(9,424)	(10,339)	(17,739)	(23,764)
Recoveries	1,889	1,396	4,667	3,409
Balance at end of period	222,237	132,516	222,237	132,516
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	69,266	43,550	69,266	43,550	42,012
General ALLL		88,966		88,966
Impaired loans		530,650		530,650
Ending balance: loans collectively evaluated for impairment		6,668,309		6,668,309
Loans held-in-portfolio	7,521,795	7,198,959	7,521,795	7,198,959	7,183,532
Legacy
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	2,026	829	630	969
Impact of adopting CECL			382
Provision (reversal of provision)	139	(332)	1,052	(1,187)
Initial allowance for credit losses - PCD Loans	0		0
Charge-offs	(5)	(20)	(14)	144
Recoveries	(108)	297	2	848
Balance at end of period	2,052	774	2,052	774
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL		0		0
General ALLL		774		774
Impaired loans		0		0
Ending balance: loans collectively evaluated for impairment		23,893		23,893
Loans held-in-portfolio	17,000	23,893	17,000	23,893	22,105
Commercial
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	305,048	224,489	147,052	239,115
Impact of adopting CECL			91,496
Provision (reversal of provision)	10,108	7,015	77,288	11,817
Initial allowance for credit losses - PCD Loans	0		0
Charge-offs	(3,132)	(11,739)	(6,694)	(34,681)
Recoveries	2,932	5,764	5,814	9,278
Balance at end of period	314,956	225,529	314,956	225,529
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	23,751	31,698	23,751	31,698	16,443
General ALLL		193,831		193,831
Impaired loans		390,271		390,271
Ending balance: loans collectively evaluated for impairment		11,826,332		11,826,332
Loans held-in-portfolio		12,216,603		12,216,603	12,312,751
Leasing
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	12,589	9,109	10,768	11,486
Impact of adopting CECL			(713)
Provision (reversal of provision)	3,894	(572)	9,735	(1,463)
Initial allowance for credit losses - PCD Loans	0		0
Charge-offs	(3,949)	(2,331)	(7,724)	(4,427)
Recoveries	559	701	1,027	1,311
Balance at end of period	13,093	6,907	13,093	6,907
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	35	234	35	234	61
General ALLL		6,673		6,673
Impaired loans		865		865
Ending balance: loans collectively evaluated for impairment		990,681		990,681
Loans held-in-portfolio	1,098,188	991,546	1,098,188	991,546	1,059,507
Consumer
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	370,375	166,407	193,372	162,942
Impact of adopting CECL			130,301
Provision (reversal of provision)	43,214	32,586	143,190	65,010
Initial allowance for credit losses - PCD Loans	0		0
Charge-offs	(62,775)	(43,529)	(125,797)	(85,049)
Recoveries	8,865	12,593	18,613	25,154
Balance at end of period	359,679	168,057	359,679	168,057
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL	27,317	24,455	27,317	24,455	21,404
General ALLL		143,602		143,602
Impaired loans		108,851		108,851
Ending balance: loans collectively evaluated for impairment		5,640,474		5,640,474
Loans held-in-portfolio		5,749,325		5,749,325	5,997,886
Puerto Rico
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	756,935	484,383	432,651	507,158
Impact of adopting CECL			270,368
Provision (reversal of provision)	60,423	28,975	173,427	60,429
Initial allowance for credit losses - PCD Loans	567		996
Charge-offs	(74,014)	(55,672)	(147,173)	(126,294)
Recoveries	11,871	18,505	25,513	34,898
Balance at end of period	755,782	476,191	755,782	476,191
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL		95,772		95,772
General ALLL		380,419		380,419
Impaired loans		1,009,121		1,009,121
Ending balance: loans collectively evaluated for impairment		19,032,540		19,032,540
Loans held-in-portfolio	21,424,203	20,041,661	21,424,203	20,041,661	20,180,232
Puerto Rico | Construction
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	419	822	574	886
Impact of adopting CECL			115
Provision (reversal of provision)	(260)	2,120	(549)	2,039
Initial allowance for credit losses - PCD Loans	0		0
Charge-offs	0	(30)	0	(52)
Recoveries	195	84	214	123
Balance at end of period	354	2,996	354	2,996
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL		90		90
General ALLL		2,906		2,906
Impaired loans		1,788		1,788
Ending balance: loans collectively evaluated for impairment		107,170		107,170
Loans held-in-portfolio	176,612	108,958	176,612	108,958	137,470
Puerto Rico | Mortgages
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	202,800	137,856	116,281	142,978
Impact of adopting CECL			86,081
Provision (reversal of provision)	3,437	(1,213)	8,984	4,848
Initial allowance for credit losses - PCD Loans	567		996
Charge-offs	(9,417)	(9,996)	(17,723)	(23,170)
Recoveries	1,863	1,283	4,631	3,274
Balance at end of period	199,250	127,930	199,250	127,930
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL		41,158		41,158
General ALLL		86,772		86,772
Impaired loans		521,257		521,257
Ending balance: loans collectively evaluated for impairment		5,781,701		5,781,701
Loans held-in-portfolio	6,410,818	6,302,958	6,410,818	6,302,958	6,166,748
Puerto Rico | Commercial
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	207,850	188,931	131,063	207,214
Impact of adopting CECL			62,393
Provision (reversal of provision)	8,174	1,480	23,148	(209)
Initial allowance for credit losses - PCD Loans	0		0
Charge-offs	(2,746)	(5,395)	(5,740)	(24,856)
Recoveries	1,649	5,211	4,063	8,078
Balance at end of period	214,927	190,227	214,927	190,227
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL		31,698		31,698
General ALLL		158,529		158,529
Impaired loans		386,310		386,310
Ending balance: loans collectively evaluated for impairment		6,953,539		6,953,539
Loans held-in-portfolio		7,339,849		7,339,849	7,261,130
Puerto Rico | Leasing
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	12,589	9,109	10,768	11,486
Impact of adopting CECL			(713)
Provision (reversal of provision)	3,894	(572)	9,735	(1,463)
Initial allowance for credit losses - PCD Loans	0		0
Charge-offs	(3,949)	(2,331)	(7,724)	(4,427)
Recoveries	559	701	1,027	1,311
Balance at end of period	13,093	6,907	13,093	6,907
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL		234		234
General ALLL		6,673		6,673
Impaired loans		865		865
Ending balance: loans collectively evaluated for impairment		990,681		990,681
Loans held-in-portfolio	1,098,188	991,546	1,098,188	991,546	1,059,507
Puerto Rico | Consumer
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	333,277	147,665	173,965	144,594
Impact of adopting CECL			122,492
Provision (reversal of provision)	45,178	27,160	132,109	55,214
Initial allowance for credit losses - PCD Loans	0		0
Charge-offs	(57,902)	(37,920)	(115,986)	(73,789)
Recoveries	7,605	11,226	15,578	22,112
Balance at end of period	328,158	148,131	328,158	148,131
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL		22,592		22,592
General ALLL		125,539		125,539
Impaired loans		98,901		98,901
Ending balance: loans collectively evaluated for impairment		5,199,449		5,199,449
Loans held-in-portfolio		5,298,350		5,298,350	5,555,377
Popular U.S.
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	162,781	66,245	45,057	62,190
Impact of adopting CECL			44,739
Provision (reversal of provision)	2,681	11,216	78,672	21,587
Charge-offs	(5,271)	(12,316)	(10,795)	(21,535)
Recoveries	2,461	2,330	4,979	5,233
Balance at end of period	162,652	67,475	162,652	67,475
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL		4,255		4,255
General ALLL		63,220		63,220
Impaired loans		35,364		35,364
Ending balance: loans collectively evaluated for impairment		6,928,720		6,928,720
Loans held-in-portfolio	7,646,350	6,964,084	7,646,350	6,964,084	7,226,641
Popular U.S. | Construction
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	2,172	6,674	4,204	6,538
Impact of adopting CECL			(2,986)
Provision (reversal of provision)	3,891	213	4,690	341
Charge-offs	0	0	0	0
Recoveries	0	0	155	8
Balance at end of period	6,063	6,887	6,063	6,887
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL		0		0
General ALLL		6,887		6,887
Impaired loans		12,060		12,060
Ending balance: loans collectively evaluated for impairment		704,401		704,401
Loans held-in-portfolio	751,895	716,461	751,895	716,461	693,622
Popular U.S. | Mortgages
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	24,287	4,442	4,827	4,434
Impact of adopting CECL			10,431
Provision (reversal of provision)	(1,319)	374	7,709	611
Charge-offs	(7)	(343)	(16)	(594)
Recoveries	26	113	36	135
Balance at end of period	22,987	4,586	22,987	4,586
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL		2,392		2,392
General ALLL		2,194		2,194
Impaired loans		9,393		9,393
Ending balance: loans collectively evaluated for impairment		886,608		886,608
Loans held-in-portfolio	1,110,977	896,001	1,110,977	896,001	1,016,784
Popular U.S. | Legacy
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	2,026	829	630	969
Impact of adopting CECL			382
Provision (reversal of provision)	139	(332)	1,052	(1,187)
Charge-offs	(5)	(20)	(14)	144
Recoveries	(108)	297	2	848
Balance at end of period	2,052	774	2,052	774
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL		0		0
General ALLL		774		774
Impaired loans		0		0
Ending balance: loans collectively evaluated for impairment		23,893		23,893
Loans held-in-portfolio	17,000	23,893	17,000	23,893	22,105
Popular U.S. | Commercial
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	97,198	35,558	15,989	31,901
Impact of adopting CECL			29,103
Provision (reversal of provision)	1,934	5,535	54,140	12,026
Charge-offs	(386)	(6,344)	(954)	(9,825)
Recoveries	1,283	553	1,751	1,200
Balance at end of period	100,029	35,302	100,029	35,302
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL		0		0
General ALLL		35,302		35,302
Impaired loans		3,961		3,961
Ending balance: loans collectively evaluated for impairment		4,872,793		4,872,793
Loans held-in-portfolio		4,876,754		4,876,754	5,051,621
Popular U.S. | Consumer
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	37,098	18,742	19,407	18,348
Impact of adopting CECL			7,809
Provision (reversal of provision)	(1,964)	5,426	11,081	9,796
Charge-offs	(4,873)	(5,609)	(9,811)	(11,260)
Recoveries	1,260	1,367	3,035	3,042
Balance at end of period	$ 31,521	19,926	$ 31,521	19,926
Financing Receivable Allowance For Credit Loss Additional Information Abstract
Specific ALLL		1,863		1,863
General ALLL		18,063		18,063
Impaired loans		9,950		9,950
Ending balance: loans collectively evaluated for impairment		441,025		441,025
Loans held-in-portfolio		$ 450,975		$ 450,975	$ 442,509

Allowance for credit losses - U

Allowance for credit losses - Unfunded commitments (Details) - Unfunded loan commitment - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
OffBalanceSheetCreditLossLiabilityRollforward
Balance at beginning of period	$ 4,466	$ 8,335	$ 8,717	$ 8,216
Provision	2,251	400	3,460	519
Impact of CECL	0	0	(5,460)	0
Balance at end of period	$ 6,717	$ 8,735	$ 6,717	$ 8,735

Allowance for credit losses -_2

Allowance for credit losses - Activity in Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period	$ 919,716	$ 550,628	$ 477,708	$ 569,348
Provision (reversal) for loan losses	62,449	40,191	252,180	82,016
Balance at end of period	$ 918,434	543,666	$ 918,434	543,666
ASC Subtopic 310-30
Financing Receivable, Allowance for Credit Losses
Balance at beginning of period		124,147		122,135
Provision (reversal) for loan losses		4,884		12,610
Net charge-offs		(8,213)		(13,927)
Balance at end of period		$ 120,818		$ 120,818

Allowance for credit losses - T

Allowance for credit losses - Troubled debt restructuring according to their accruing status (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019
Financing Receivable
Troubled debt restructurings	$ 1,599,178	$ 1,587,684
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	120,369	79,926	$ 100,027
Construction
Financing Receivable
Troubled debt restructurings	0	119
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	0	6	90
Mortgages
Financing Receivable
Troubled debt restructurings	1,155,785	1,139,597
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	69,266	42,012	43,550
Commercial
Financing Receivable
Troubled debt restructurings	348,725	349,448
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	23,751	16,443	31,698
Leasing
Financing Receivable
Troubled debt restructurings	574	507
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	35	61	234
Consumer
Financing Receivable
Troubled debt restructurings	94,094	98,013
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	27,317	21,404	$ 24,455
Non-Accruing
Financing Receivable
Troubled debt restructurings	242,589	253,793
Non-Accruing | Construction
Financing Receivable
Troubled debt restructurings	0	119
Non-Accruing | Mortgages
Financing Receivable
Troubled debt restructurings	119,057	126,036
Non-Accruing | Commercial
Financing Receivable
Troubled debt restructurings	108,075	111,587
Non-Accruing | Leasing
Financing Receivable
Troubled debt restructurings	192	243
Non-Accruing | Consumer
Financing Receivable
Troubled debt restructurings	15,265	15,808
Accruing
Financing Receivable
Troubled debt restructurings	1,356,589	1,333,891
Accruing | Construction
Financing Receivable
Troubled debt restructurings	0	0
Accruing | Mortgages
Financing Receivable
Troubled debt restructurings	1,036,728	1,013,561
Accruing | Commercial
Financing Receivable
Troubled debt restructurings	240,650	237,861
Accruing | Leasing
Financing Receivable
Troubled debt restructurings	382	264
Accruing | Consumer
Financing Receivable
Troubled debt restructurings	$ 78,829	$ 82,205

Allowance for credit losses -_3

Allowance for credit losses - Troubled debt restructurings loan count by type of modification (Details) - loans	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Financing Receivable
Reduction In Interest Rate	483	388	735	674
Extension of Maturity Date	32	63	78	127
Combination Interest Rate Reduction Maturity Date Extension	14	137	167	299
Other Modifications	143	57	158	123
Mortgages
Financing Receivable
Reduction In Interest Rate	0	25	2	31
Extension of Maturity Date	0	28	26	55
Combination Interest Rate Reduction Maturity Date Extension	14	130	161	287
Other Modifications	72	2	72	2
Commercial | Commercial multi-family
Financing Receivable
Reduction In Interest Rate	0	0	0	0
Extension of Maturity Date	1	1	1	1
Combination Interest Rate Reduction Maturity Date Extension	0	0	0	0
Other Modifications	0	0	0	0
Commercial | CRE non-owner occupied
Financing Receivable
Reduction In Interest Rate	0	0	0	0
Extension of Maturity Date	1	2	2	3
Combination Interest Rate Reduction Maturity Date Extension	0	0	0	0
Other Modifications	0	0	1	0
Commercial | CRE owner occupied
Financing Receivable
Reduction In Interest Rate	0	1	0	1
Extension of Maturity Date	13	5	19	15
Combination Interest Rate Reduction Maturity Date Extension	0	0	0	0
Other Modifications	0	0	0	0
Commercial | Commercial and Industrial
Financing Receivable
Reduction In Interest Rate	0	0	1	0
Extension of Maturity Date	15	18	26	34
Combination Interest Rate Reduction Maturity Date Extension	0	0	0	0
Other Modifications	0	0	0	0
Consumer | Credit cards
Financing Receivable
Reduction In Interest Rate	404	161	552	283
Extension of Maturity Date	0	0	0	0
Combination Interest Rate Reduction Maturity Date Extension	0	0	0	1
Other Modifications	52	54	65	120
Consumer | Home equity lines of credit
Financing Receivable
Reduction In Interest Rate	0	0	0	0
Extension of Maturity Date	1	6	1	12
Combination Interest Rate Reduction Maturity Date Extension	0	5	1	9
Other Modifications	0	0	0	0
Consumer | Personal loans
Financing Receivable
Reduction In Interest Rate	78	192	178	344
Extension of Maturity Date	1	1	2	3
Combination Interest Rate Reduction Maturity Date Extension	0	0	0	0
Other Modifications	0	1	1	1
Consumer | Auto Loan
Financing Receivable
Reduction In Interest Rate	0	0	0	0
Extension of Maturity Date	0	2	1	4
Combination Interest Rate Reduction Maturity Date Extension	0	1	2	1
Other Modifications	8	0	8	0
Consumer | Other
Financing Receivable
Reduction In Interest Rate	1	9	2	15
Extension of Maturity Date	0	0	0	0
Combination Interest Rate Reduction Maturity Date Extension	0	0	0	0
Other Modifications	0	0	0	0
Leasing
Financing Receivable
Reduction In Interest Rate	0	0	0	0
Extension of Maturity Date	0	0	0	0
Combination Interest Rate Reduction Maturity Date Extension	0	1	3	1
Other Modifications	11	0	11	0

Allowance for credit losses - Q

Allowance for credit losses - Quantitative information by loan class for loans modified as T D R (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2020USD ($)loans	Jun. 30, 2019USD ($)loans	Jun. 30, 2020USD ($)loans	Jun. 30, 2019USD ($)loansshares
Financing Receivable
Loan count | loans	672	645	1,138	1,223
Pre-Modification Recorded Investment	$ 24,755,000	$ 34,890,000	$ 56,803,000	$ 67,320,000
Post Modification Recorded Investment	19,198,000	32,889,000	48,811,000	63,583,000
Increase (decrease) in the allowance for loan losses as a result of modification	$ 1,198,000	$ 3,299,000	$ 3,848,000	$ 5,358,000
Mortgages
Financing Receivable
Loan count | loans	86	185	261	375
Pre-Modification Recorded Investment	$ 14,448,000	$ 20,218,000	$ 34,763,000	$ 40,950,000
Post Modification Recorded Investment	8,954,000	18,320,000	26,894,000	36,911,000
Increase (decrease) in the allowance for loan losses as a result of modification	$ 833,000	$ 687,000	$ 2,845,000	$ 1,358,000
Commercial | Commercial multi-family
Financing Receivable
Loan count	1	1	1	1
Pre-Modification Recorded Investment	$ 993,000	$ 154,000	$ 993,000	$ 154,000
Post Modification Recorded Investment	976,000	116,000	976,000	116,000
Increase (decrease) in the allowance for loan losses as a result of modification	$ (19,000)	$ (5,000)	$ (19,000)	$ (5,000)
Commercial | CRE non-owner occupied
Financing Receivable
Loan count | loans	1	2	3	3
Pre-Modification Recorded Investment	$ 179,000	$ 2,253,000	$ 3,418,000	$ 2,567,000
Post Modification Recorded Investment	179,000	2,246,000	3,418,000	2,557,000
Increase (decrease) in the allowance for loan losses as a result of modification	$ 0	$ 789,000	$ (748,000)	$ 807,000
Commercial | CRE owner occupied
Financing Receivable
Loan count | loans	13	6	19	16
Pre-Modification Recorded Investment	$ 2,593,000	$ 1,393,000	$ 6,499,000	$ 3,412,000
Post Modification Recorded Investment	2,574,000	1,178,000	6,476,000	3,151,000
Increase (decrease) in the allowance for loan losses as a result of modification	$ 1,000	$ 38,000	$ 106,000	$ 57,000
Commercial | Commercial and Industrial
Financing Receivable
Loan count | loans	15	18	27	34
Pre-Modification Recorded Investment	$ 849,000	$ 4,370,000	$ 1,784,000	$ 8,313,000
Post Modification Recorded Investment	845,000	4,356,000	1,778,000	8,835,000
Increase (decrease) in the allowance for loan losses as a result of modification	$ 2,000	$ 471,000	$ 25,000	$ 785,000
Consumer | Credit cards
Financing Receivable
Loan count | loans	456	215	617	404
Pre-Modification Recorded Investment	$ 4,200,000	$ 1,772,000	$ 5,460,000	$ 3,315,000
Post Modification Recorded Investment	4,181,000	1,938,000	5,454,000	3,468,000
Increase (decrease) in the allowance for loan losses as a result of modification	$ 178,000	$ 186,000	$ 262,000	$ 357,000
Consumer | Home equity lines of credit
Financing Receivable
Loan count | loans	1	11	2	21
Pre-Modification Recorded Investment	$ 37,000	$ 1,389,000	$ 369,000	$ 2,083,000
Post Modification Recorded Investment	33,000	1,389,000	298,000	2,010,000
Increase (decrease) in the allowance for loan losses as a result of modification	$ 8,000	$ 265,000	$ 862,000	$ 320,000
Consumer | Personal loans
Financing Receivable
Loan count | loans	79	194	181	348
Pre-Modification Recorded Investment	$ 1,160,000	$ 3,143,000	$ 3,021,000	$ 6,290,000
Post Modification Recorded Investment	1,160,000	3,142,000	3,019,000	6,295,000
Increase (decrease) in the allowance for loan losses as a result of modification	$ 194,000	$ 830,000	$ 491,000	$ 1,635,000
Consumer | Auto Loan
Financing Receivable
Loan count | loans	8	3	11	5
Pre-Modification Recorded Investment	$ 60,000	$ 38,000	$ 146,000	$ 63,000
Post Modification Recorded Investment	60,000	43,000	147,000	66,000
Increase (decrease) in the allowance for loan losses as a result of modification	$ 0	$ 8,000	$ 12,000	$ 12,000
Consumer | Other
Financing Receivable
Loan count | loans	1	9	2	15
Pre-Modification Recorded Investment	$ 4,000	$ 133,000	$ 24,000	$ 146,000
Post Modification Recorded Investment	4,000	133,000	24,000	146,000
Increase (decrease) in the allowance for loan losses as a result of modification	$ 1,000	$ 23,000	$ 6,000	$ 25,000
Leasing
Financing Receivable
Loan count | loans	11	1	14	1
Pre-Modification Recorded Investment	$ 232,000	$ 27,000	$ 326,000	$ 27,000
Post Modification Recorded Investment	232,000	28,000	327,000	28,000
Increase (decrease) in the allowance for loan losses as a result of modification	$ 0	$ 7,000	$ 6,000	$ 7,000

Allowance for credit losses -_4

Allowance for credit losses - T D R that subsequently defaulted (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020USD ($)loans	Jun. 30, 2019USD ($)loans	Jun. 30, 2020USD ($)loans	Jun. 30, 2019USD ($)loans
Financing Receivable
Loan count | loans	238	203	366	336
Recorded investment as of first default date | $	$ 13,205	$ 10,926	$ 20,994	$ 14,370
Mortgages
Financing Receivable
Loan count | loans	101	11	148	19
Recorded investment as of first default date | $	$ 9,582	$ 602	$ 16,089	$ 1,347
Commercial | CRE non-owner occupied
Financing Receivable
Loan count | loans	1	0	1	1
Recorded investment as of first default date | $	$ 1,700	$ 0	$ 1,700	$ 47
Commercial | CRE owner occupied
Financing Receivable
Loan count | loans	3	0	5	2
Recorded investment as of first default date | $	$ 603	$ 0	$ 846	$ 427
Commercial | Commercial and Industrial
Financing Receivable
Loan count | loans	1	2	3	3
Recorded investment as of first default date | $	$ 57	$ 6,998	$ 97	$ 7,048
Leasing
Financing Receivable
Loan count | loans		0		1
Recorded investment as of first default date | $		$ 0		$ 22
Consumer | Credit cards
Financing Receivable
Loan count | loans	82	105	123	185
Recorded investment as of first default date | $	$ 652	$ 1,051	$ 866	$ 1,853
Consumer | Home equity lines of credit
Financing Receivable
Loan count | loans	1		1
Recorded investment as of first default date | $	$ 31		$ 31
Consumer | Personal loans
Financing Receivable
Loan count | loans	48	84	83	124
Recorded investment as of first default date | $	$ 579	$ 2,273	$ 1,364	$ 3,624
Consumer | Other
Financing Receivable
Loan count | loans	1	1	2	1
Recorded investment as of first default date | $	$ 1	$ 2	$ 1	$ 2

Allowance for credit losses - C

Allowance for credit losses - Credit quality indicators (Details) $ in Thousands	Jun. 30, 2020USD ($)
Financing Receivable, Recorded Investment
2020	$ 3,137,092
2019	4,868,363
2018	3,545,783
2017	2,506,702
2016	2,114,862
Prior Years	10,939,263
Revolving Loans Amortized Cost Basis	1,860,064
Revolving Loans Converted to Term Loans Amortized Cost Basis	98,424
Total	29,070,553
Construction
Financing Receivable, Recorded Investment
2020	38,943
2019	265,901
2018	216,708
2017	268,007
2016	49,292
Prior Years	59,433
Revolving Loans Amortized Cost Basis	30,223
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	928,507
Construction | Watch
Financing Receivable, Recorded Investment
2020	3,079
2019	2,382
2018	25,966
2017	6
2016	0
Prior Years	22,872
Revolving Loans Amortized Cost Basis	340
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	54,645
Construction | Special Mention
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	675
2017	0
2016	0
Prior Years	18,061
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	18,736
Construction | Substandard
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	5,522
2017	30,644
2016	9,069
Prior Years	18,500
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	63,735
Construction | Pass / Unrated
Financing Receivable, Recorded Investment
2020	35,864
2019	263,519
2018	184,545
2017	237,357
2016	40,223
Prior Years	0
Revolving Loans Amortized Cost Basis	29,883
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	791,391
Mortgages
Financing Receivable, Recorded Investment
2020	291,104
2019	535,123
2018	331,151
2017	247,019
2016	252,222
Prior Years	5,865,176
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	7,521,795
Mortgages | Substandard
Financing Receivable, Recorded Investment
2020	1,049
2019	556
2018	1,056
2017	6,760
2016	3,081
Prior Years	153,728
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	166,230
Mortgages | Pass / Unrated
Financing Receivable, Recorded Investment
2020	290,055
2019	534,567
2018	330,095
2017	240,259
2016	249,141
Prior Years	5,711,448
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	7,355,565
Legacy
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	15,794
Revolving Loans Amortized Cost Basis	1,206
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	17,000
Legacy | Watch
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	1,045
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,045
Legacy | Special Mention
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	192
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	192
Legacy | Substandard
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	4,539
Revolving Loans Amortized Cost Basis	34
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	4,573
Legacy | Pass / Unrated
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	10,018
Revolving Loans Amortized Cost Basis	1,172
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	11,190
Commercial | Commercial multi-family
Financing Receivable, Recorded Investment
2020	115,630
2019	438,594
2018	286,827
2017	177,354
2016	301,271
Prior Years	465,699
Revolving Loans Amortized Cost Basis	3,247
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,788,622
Commercial | Commercial multi-family | Watch
Financing Receivable, Recorded Investment
2020	11,405
2019	50,845
2018	52,246
2017	50,347
2016	79,281
Prior Years	87,132
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	331,256
Commercial | Commercial multi-family | Special Mention
Financing Receivable, Recorded Investment
2020	0
2019	6,542
2018	2,029
2017	8,381
2016	2,121
Prior Years	12,650
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	31,723
Commercial | Commercial multi-family | Substandard
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	2,097
2016	7,484
Prior Years	3,182
Revolving Loans Amortized Cost Basis	100
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	12,863
Commercial | Commercial multi-family | Pass / Unrated
Financing Receivable, Recorded Investment
2020	104,225
2019	381,207
2018	232,552
2017	116,529
2016	212,385
Prior Years	362,735
Revolving Loans Amortized Cost Basis	3,147
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,412,780
Commercial | CRE non-owner occupied
Financing Receivable, Recorded Investment
2020	231,118
2019	523,163
2018	596,463
2017	511,148
2016	538,807
Prior Years	1,608,532
Revolving Loans Amortized Cost Basis	20,259
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	4,029,490
Commercial | CRE non-owner occupied | Watch
Financing Receivable, Recorded Investment
2020	6,539
2019	111,740
2018	258,110
2017	134,125
2016	93,981
Prior Years	389,200
Revolving Loans Amortized Cost Basis	342
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	994,037
Commercial | CRE non-owner occupied | Special Mention
Financing Receivable, Recorded Investment
2020	0
2019	30,621
2018	9,078
2017	8,101
2016	95,922
Prior Years	179,999
Revolving Loans Amortized Cost Basis	352
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	324,073
Commercial | CRE non-owner occupied | Substandard
Financing Receivable, Recorded Investment
2020	0
2019	59,871
2018	40,452
2017	15,483
2016	59,275
Prior Years	223,003
Revolving Loans Amortized Cost Basis	95
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	398,179
Commercial | CRE non-owner occupied | Doubtful
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	2,638
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	2,638
Commercial | CRE non-owner occupied | Pass / Unrated
Financing Receivable, Recorded Investment
2020	224,579
2019	320,931
2018	288,823
2017	353,439
2016	289,629
Prior Years	813,692
Revolving Loans Amortized Cost Basis	19,470
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	2,310,563
Commercial | CRE owner occupied
Financing Receivable, Recorded Investment
2020	149,782
2019	157,017
2018	183,270
2017	127,973
2016	227,233
Prior Years	1,154,656
Revolving Loans Amortized Cost Basis	27,018
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	2,026,949
Commercial | CRE owner occupied | Watch
Financing Receivable, Recorded Investment
2020	2,349
2019	31,497
2018	26,597
2017	16,821
2016	24,661
Prior Years	207,326
Revolving Loans Amortized Cost Basis	5,506
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	314,757
Commercial | CRE owner occupied | Special Mention
Financing Receivable, Recorded Investment
2020	54
2019	1,199
2018	587
2017	2,812
2016	12,696
Prior Years	161,291
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	178,639
Commercial | CRE owner occupied | Substandard
Financing Receivable, Recorded Investment
2020	0
2019	2,543
2018	39,731
2017	1,618
2016	29,953
Prior Years	181,455
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	255,300
Commercial | CRE owner occupied | Doubtful
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	1,780
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,780
Commercial | CRE owner occupied | Pass / Unrated
Financing Receivable, Recorded Investment
2020	147,379
2019	121,778
2018	116,355
2017	106,722
2016	159,923
Prior Years	602,804
Revolving Loans Amortized Cost Basis	21,512
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,276,473
Commercial | Commercial and Industrial
Financing Receivable, Recorded Investment
2020	1,456,458
2019	884,096
2018	648,937
2017	510,156
2016	345,399
Prior Years	1,355,099
Revolving Loans Amortized Cost Basis	689,876
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	5,890,021
Commercial | Commercial and Industrial | Watch
Financing Receivable, Recorded Investment
2020	104,813
2019	135,467
2018	178,765
2017	90,574
2016	43,216
Prior Years	397,898
Revolving Loans Amortized Cost Basis	165,058
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,115,791
Commercial | Commercial and Industrial | Special Mention
Financing Receivable, Recorded Investment
2020	16,689
2019	8,838
2018	11,934
2017	18,839
2016	7,614
Prior Years	122,519
Revolving Loans Amortized Cost Basis	32,189
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	218,622
Commercial | Commercial and Industrial | Substandard
Financing Receivable, Recorded Investment
2020	27,135
2019	3,167
2018	18,608
2017	4,708
2016	2,788
Prior Years	73,279
Revolving Loans Amortized Cost Basis	45,013
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	174,698
Commercial | Commercial and Industrial | Doubtful
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	8
2016	0
Prior Years	92
Revolving Loans Amortized Cost Basis	1
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	101
Commercial | Commercial and Industrial | Loss
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	0
Revolving Loans Amortized Cost Basis	13
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	13
Commercial | Commercial and Industrial | Pass / Unrated
Financing Receivable, Recorded Investment
2020	1,307,821
2019	736,624
2018	439,630
2017	396,027
2016	291,781
Prior Years	761,311
Revolving Loans Amortized Cost Basis	447,602
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	4,380,796
Leasing
Financing Receivable, Recorded Investment
2020	216,573
2019	364,097
2018	252,182
2017	138,343
2016	86,908
Prior Years	40,085
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,098,188
Leasing | Substandard
Financing Receivable, Recorded Investment
2020	105
2019	1,113
2018	1,010
2017	905
2016	748
Prior Years	871
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	4,752
Leasing | Pass / Unrated
Financing Receivable, Recorded Investment
2020	216,468
2019	362,984
2018	251,172
2017	137,438
2016	86,160
Prior Years	39,214
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,093,436
Consumer | Credit cards
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	0
Revolving Loans Amortized Cost Basis	977,408
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	977,408
Consumer | Credit cards | Substandard
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	0
Revolving Loans Amortized Cost Basis	17,849
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	17,849
Consumer | Credit cards | Pass / Unrated
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	0
Revolving Loans Amortized Cost Basis	959,559
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	959,559
Consumer | Home equity lines of credit
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	16,510
Revolving Loans Amortized Cost Basis	50,444
Revolving Loans Converted to Term Loans Amortized Cost Basis	48,319
Total	115,273
Consumer | Home equity lines of credit | Substandard
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	195
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	713
Total	908
Consumer | Home equity lines of credit | Loss
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	313
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	7,021
Total	7,334
Consumer | Home equity lines of credit | Pass / Unrated
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	16,002
Revolving Loans Amortized Cost Basis	50,444
Revolving Loans Converted to Term Loans Amortized Cost Basis	40,585
Total	107,031
Consumer | Personal loans
Financing Receivable, Recorded Investment
2020	214,002
2019	678,034
2018	271,798
2017	148,308
2016	83,945
Prior Years	191,988
Revolving Loans Amortized Cost Basis	2,983
Revolving Loans Converted to Term Loans Amortized Cost Basis	50,105
Total	1,641,163
Consumer | Personal loans | Substandard
Financing Receivable, Recorded Investment
2020	468
2019	5,409
2018	2,436
2017	1,904
2016	1,293
Prior Years	22,568
Revolving Loans Amortized Cost Basis	6
Revolving Loans Converted to Term Loans Amortized Cost Basis	1,814
Total	35,898
Consumer | Personal loans | Loss
Financing Receivable, Recorded Investment
2020	0
2019	135
2018	68
2017	33
2016	15
Prior Years	295
Revolving Loans Amortized Cost Basis	4
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	550
Consumer | Personal loans | Pass / Unrated
Financing Receivable, Recorded Investment
2020	213,534
2019	672,490
2018	269,294
2017	146,371
2016	82,637
Prior Years	169,125
Revolving Loans Amortized Cost Basis	2,973
Revolving Loans Converted to Term Loans Amortized Cost Basis	48,291
Total	1,604,715
Consumer | Auto Loan
Financing Receivable, Recorded Investment
2020	417,835
2019	1,003,639
2018	744,106
2017	371,147
2016	226,524
Prior Years	141,073
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	2,904,324
Consumer | Auto Loan | Substandard
Financing Receivable, Recorded Investment
2020	1,275
2019	6,367
2018	5,965
2017	3,241
2016	2,621
Prior Years	2,642
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	22,111
Consumer | Auto Loan | Pass / Unrated
Financing Receivable, Recorded Investment
2020	416,560
2019	997,272
2018	738,141
2017	367,906
2016	223,903
Prior Years	138,431
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	2,882,213
Consumer | Other
Financing Receivable, Recorded Investment
2020	5,647
2019	18,699
2018	14,341
2017	7,247
2016	3,261
Prior Years	25,218
Revolving Loans Amortized Cost Basis	57,400
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	131,813
Consumer | Other | Substandard
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	990
2017	0
2016	154
Prior Years	12,950
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	14,094
Consumer | Other | Pass / Unrated
Financing Receivable, Recorded Investment
2020	5,647
2019	18,699
2018	13,351
2017	7,247
2016	3,107
Prior Years	12,268
Revolving Loans Amortized Cost Basis	57,400
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	117,719
Puerto Rico
Financing Receivable, Recorded Investment
2020	2,203,342
2019	3,250,828
2018	2,270,672
2017	1,545,200
2016	1,246,803
Prior Years	9,167,093
Revolving Loans Amortized Cost Basis	1,690,160
Revolving Loans Converted to Term Loans Amortized Cost Basis	50,105
Total	21,424,203
Puerto Rico | Construction
Financing Receivable, Recorded Investment
2020	200
2019	34,860
2018	27,577
2017	82,800
2016	952
Prior Years	0
Revolving Loans Amortized Cost Basis	30,223
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	176,612
Puerto Rico | Construction | Watch
Financing Receivable, Recorded Investment
2020	0
2019	2,382
2018	14,961
2017	0
2016	0
Prior Years	0
Revolving Loans Amortized Cost Basis	340
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	17,683
Puerto Rico | Construction | Special Mention
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	675
2017	0
2016	0
Prior Years	0
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	675
Puerto Rico | Construction | Substandard
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	21,274
2016	0
Prior Years	0
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	21,274
Puerto Rico | Construction | Pass / Unrated
Financing Receivable, Recorded Investment
2020	200
2019	32,478
2018	11,941
2017	61,526
2016	952
Prior Years	0
Revolving Loans Amortized Cost Basis	29,883
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	136,980
Puerto Rico | Mortgages
Financing Receivable, Recorded Investment
2020	66,032
2019	241,502
2018	189,837
2017	236,401
2016	239,753
Prior Years	5,437,293
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	6,410,818
Puerto Rico | Mortgages | Substandard
Financing Receivable, Recorded Investment
2020	0
2019	75
2018	543
2017	6,760
2016	3,081
Prior Years	141,627
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	152,086
Puerto Rico | Mortgages | Pass / Unrated
Financing Receivable, Recorded Investment
2020	66,032
2019	241,427
2018	189,294
2017	229,641
2016	236,672
Prior Years	5,295,666
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	6,258,732
Puerto Rico | Commercial | Commercial multi-family
Financing Receivable, Recorded Investment
2020	5,265
2019	36,872
2018	26,424
2017	2,126
2016	4,763
Prior Years	72,613
Revolving Loans Amortized Cost Basis	100
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	148,163
Puerto Rico | Commercial | Commercial multi-family | Watch
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	4,839
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	4,839
Puerto Rico | Commercial | Commercial multi-family | Special Mention
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	3,831
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	3,831
Puerto Rico | Commercial | Commercial multi-family | Substandard
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	1,404
Revolving Loans Amortized Cost Basis	100
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,504
Puerto Rico | Commercial | Commercial multi-family | Pass / Unrated
Financing Receivable, Recorded Investment
2020	5,265
2019	36,872
2018	26,424
2017	2,126
2016	4,763
Prior Years	62,539
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	137,989
Puerto Rico | Commercial | CRE non-owner occupied
Financing Receivable, Recorded Investment
2020	14,336
2019	239,155
2018	220,967
2017	143,777
2016	214,890
Prior Years	1,238,292
Revolving Loans Amortized Cost Basis	5,483
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	2,076,900
Puerto Rico | Commercial | CRE non-owner occupied | Watch
Financing Receivable, Recorded Investment
2020	1,357
2019	96,147
2018	150,370
2017	68,910
2016	32,225
Prior Years	263,971
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	612,980
Puerto Rico | Commercial | CRE non-owner occupied | Special Mention
Financing Receivable, Recorded Investment
2020	0
2019	27,733
2018	0
2017	119
2016	34,559
Prior Years	171,770
Revolving Loans Amortized Cost Basis	2
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	234,183
Puerto Rico | Commercial | CRE non-owner occupied | Substandard
Financing Receivable, Recorded Investment
2020	0
2019	47,533
2018	27,100
2017	4,216
2016	17,638
Prior Years	169,815
Revolving Loans Amortized Cost Basis	95
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	266,397
Puerto Rico | Commercial | CRE non-owner occupied | Doubtful
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	2,638
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	2,638
Puerto Rico | Commercial | CRE non-owner occupied | Pass / Unrated
Financing Receivable, Recorded Investment
2020	12,979
2019	67,742
2018	43,497
2017	70,532
2016	130,468
Prior Years	630,098
Revolving Loans Amortized Cost Basis	5,386
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	960,702
Puerto Rico | Commercial | CRE owner occupied
Financing Receivable, Recorded Investment
2020	128,377
2019	99,402
2018	125,662
2017	88,337
2016	187,453
Prior Years	1,028,839
Revolving Loans Amortized Cost Basis	22,105
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,680,175
Puerto Rico | Commercial | CRE owner occupied | Watch
Financing Receivable, Recorded Investment
2020	2,349
2019	21,985
2018	17,502
2017	12,524
2016	11,627
Prior Years	193,381
Revolving Loans Amortized Cost Basis	1,284
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	260,652
Puerto Rico | Commercial | CRE owner occupied | Special Mention
Financing Receivable, Recorded Investment
2020	54
2019	1,199
2018	393
2017	2,812
2016	12,696
Prior Years	155,775
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	172,929
Puerto Rico | Commercial | CRE owner occupied | Substandard
Financing Receivable, Recorded Investment
2020	0
2019	2,543
2018	38,389
2017	1,618
2016	28,588
Prior Years	160,872
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	232,010
Puerto Rico | Commercial | CRE owner occupied | Doubtful
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	1,780
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,780
Puerto Rico | Commercial | CRE owner occupied | Pass / Unrated
Financing Receivable, Recorded Investment
2020	125,974
2019	73,675
2018	69,378
2017	71,383
2016	134,542
Prior Years	517,031
Revolving Loans Amortized Cost Basis	20,821
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,012,804
Puerto Rico | Commercial | Commercial and Industrial
Financing Receivable, Recorded Investment
2020	1,176,257
2019	684,050
2018	445,390
2017	343,016
2016	203,676
Prior Years	1,002,456
Revolving Loans Amortized Cost Basis	592,094
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	4,446,939
Puerto Rico | Commercial | Commercial and Industrial | Watch
Financing Receivable, Recorded Investment
2020	87,921
2019	134,092
2018	178,463
2017	86,947
2016	42,467
Prior Years	384,411
Revolving Loans Amortized Cost Basis	158,988
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,073,289
Puerto Rico | Commercial | Commercial and Industrial | Special Mention
Financing Receivable, Recorded Investment
2020	13,707
2019	8,838
2018	11,684
2017	18,669
2016	2,967
Prior Years	121,591
Revolving Loans Amortized Cost Basis	31,931
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	209,387
Puerto Rico | Commercial | Commercial and Industrial | Substandard
Financing Receivable, Recorded Investment
2020	25,365
2019	3,026
2018	18,608
2017	4,708
2016	2,280
Prior Years	67,149
Revolving Loans Amortized Cost Basis	44,995
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	166,131
Puerto Rico | Commercial | Commercial and Industrial | Doubtful
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	8
2016	0
Prior Years	92
Revolving Loans Amortized Cost Basis	1
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	101
Puerto Rico | Commercial | Commercial and Industrial | Loss
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	0
Revolving Loans Amortized Cost Basis	13
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	13
Puerto Rico | Commercial | Commercial and Industrial | Pass / Unrated
Financing Receivable, Recorded Investment
2020	1,049,264
2019	538,094
2018	236,635
2017	232,684
2016	155,962
Prior Years	429,213
Revolving Loans Amortized Cost Basis	356,166
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	2,998,018
Puerto Rico | Leasing
Financing Receivable, Recorded Investment
2020	216,573
2019	364,097
2018	252,182
2017	138,343
2016	86,908
Prior Years	40,085
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,098,188
Puerto Rico | Leasing | Substandard
Financing Receivable, Recorded Investment
2020	105
2019	1,113
2018	1,010
2017	905
2016	748
Prior Years	871
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	4,752
Puerto Rico | Leasing | Pass / Unrated
Financing Receivable, Recorded Investment
2020	216,468
2019	362,984
2018	251,172
2017	137,438
2016	86,160
Prior Years	39,214
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,093,436
Puerto Rico | Consumer | Credit cards
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	0
Revolving Loans Amortized Cost Basis	977,382
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	977,382
Puerto Rico | Consumer | Credit cards | Substandard
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	0
Revolving Loans Amortized Cost Basis	17,849
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	17,849
Puerto Rico | Consumer | Credit cards | Pass / Unrated
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	0
Revolving Loans Amortized Cost Basis	959,533
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	959,533
Puerto Rico | Consumer | Home equity lines of credit
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	589
Revolving Loans Amortized Cost Basis	3,977
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	4,566
Puerto Rico | Consumer | Home equity lines of credit | Pass / Unrated
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	589
Revolving Loans Amortized Cost Basis	3,977
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	4,566
Puerto Rico | Consumer | Personal loans
Financing Receivable, Recorded Investment
2020	172,820
2019	528,552
2018	224,186
2017	132,006
2016	78,623
Prior Years	180,635
Revolving Loans Amortized Cost Basis	2,768
Revolving Loans Converted to Term Loans Amortized Cost Basis	50,105
Total	1,369,695
Puerto Rico | Consumer | Personal loans | Substandard
Financing Receivable, Recorded Investment
2020	406
2019	4,612
2018	1,962
2017	1,701
2016	1,213
Prior Years	22,553
Revolving Loans Amortized Cost Basis	5
Revolving Loans Converted to Term Loans Amortized Cost Basis	1,814
Total	34,266
Puerto Rico | Consumer | Personal loans | Loss
Financing Receivable, Recorded Investment
2020	0
2019	118
2018	43
2017	25
2016	9
Prior Years	12
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	207
Puerto Rico | Consumer | Personal loans | Pass / Unrated
Financing Receivable, Recorded Investment
2020	172,414
2019	523,822
2018	222,181
2017	130,280
2016	77,401
Prior Years	158,070
Revolving Loans Amortized Cost Basis	2,763
Revolving Loans Converted to Term Loans Amortized Cost Basis	48,291
Total	1,335,222
Puerto Rico | Consumer | Auto Loan
Financing Receivable, Recorded Investment
2020	417,835
2019	1,003,639
2018	744,106
2017	371,147
2016	226,524
Prior Years	141,073
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	2,904,324
Puerto Rico | Consumer | Auto Loan | Substandard
Financing Receivable, Recorded Investment
2020	1,275
2019	6,367
2018	5,965
2017	3,241
2016	2,621
Prior Years	2,642
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	22,111
Puerto Rico | Consumer | Auto Loan | Pass / Unrated
Financing Receivable, Recorded Investment
2020	416,560
2019	997,272
2018	738,141
2017	367,906
2016	223,903
Prior Years	138,431
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	2,882,213
Puerto Rico | Consumer | Other
Financing Receivable, Recorded Investment
2020	5,647
2019	18,699
2018	14,341
2017	7,247
2016	3,261
Prior Years	25,218
Revolving Loans Amortized Cost Basis	56,028
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	130,441
Puerto Rico | Consumer | Other | Substandard
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	990
2017	0
2016	154
Prior Years	12,950
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	14,094
Puerto Rico | Consumer | Other | Pass / Unrated
Financing Receivable, Recorded Investment
2020	5,647
2019	18,699
2018	13,351
2017	7,247
2016	3,107
Prior Years	12,268
Revolving Loans Amortized Cost Basis	56,028
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	116,347
Popular U.S.
Financing Receivable, Recorded Investment
2020	933,750
2019	1,617,535
2018	1,275,111
2017	961,502
2016	868,059
Prior Years	1,772,170
Revolving Loans Amortized Cost Basis	169,904
Revolving Loans Converted to Term Loans Amortized Cost Basis	48,319
Total	7,646,350
Popular U.S. | Construction
Financing Receivable, Recorded Investment
2020	38,743
2019	231,041
2018	189,131
2017	185,207
2016	48,340
Prior Years	59,433
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	751,895
Popular U.S. | Construction | Watch
Financing Receivable, Recorded Investment
2020	3,079
2019	0
2018	11,005
2017	6
2016	0
Prior Years	22,872
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	36,962
Popular U.S. | Construction | Special Mention
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	18,061
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	18,061
Popular U.S. | Construction | Substandard
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	5,522
2017	9,370
2016	9,069
Prior Years	18,500
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	42,461
Popular U.S. | Construction | Pass / Unrated
Financing Receivable, Recorded Investment
2020	35,664
2019	231,041
2018	172,604
2017	175,831
2016	39,271
Prior Years	0
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	654,411
Popular U.S. | Mortgages
Financing Receivable, Recorded Investment
2020	225,072
2019	293,621
2018	141,314
2017	10,618
2016	12,469
Prior Years	427,883
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,110,977
Popular U.S. | Mortgages | Substandard
Financing Receivable, Recorded Investment
2020	1,049
2019	481
2018	513
2017	0
2016	0
Prior Years	12,101
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	14,144
Popular U.S. | Mortgages | Pass / Unrated
Financing Receivable, Recorded Investment
2020	224,023
2019	293,140
2018	140,801
2017	10,618
2016	12,469
Prior Years	415,782
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,096,833
Popular U.S. | Legacy
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	15,794
Revolving Loans Amortized Cost Basis	1,206
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	17,000
Popular U.S. | Legacy | Watch
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	1,045
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,045
Popular U.S. | Legacy | Special Mention
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	192
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	192
Popular U.S. | Legacy | Substandard
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	4,539
Revolving Loans Amortized Cost Basis	34
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	4,573
Popular U.S. | Legacy | Pass / Unrated
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	10,018
Revolving Loans Amortized Cost Basis	1,172
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	11,190
Popular U.S. | Commercial | Commercial multi-family
Financing Receivable, Recorded Investment
2020	110,365
2019	401,722
2018	260,403
2017	175,228
2016	296,508
Prior Years	393,086
Revolving Loans Amortized Cost Basis	3,147
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,640,459
Popular U.S. | Commercial | Commercial multi-family | Watch
Financing Receivable, Recorded Investment
2020	11,405
2019	50,845
2018	52,246
2017	50,347
2016	79,281
Prior Years	82,293
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	326,417
Popular U.S. | Commercial | Commercial multi-family | Special Mention
Financing Receivable, Recorded Investment
2020	0
2019	6,542
2018	2,029
2017	8,381
2016	2,121
Prior Years	8,819
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	27,892
Popular U.S. | Commercial | Commercial multi-family | Substandard
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	2,097
2016	7,484
Prior Years	1,778
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	11,359
Popular U.S. | Commercial | Commercial multi-family | Pass / Unrated
Financing Receivable, Recorded Investment
2020	98,960
2019	344,335
2018	206,128
2017	114,403
2016	207,622
Prior Years	300,196
Revolving Loans Amortized Cost Basis	3,147
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,274,791
Popular U.S. | Commercial | CRE non-owner occupied
Financing Receivable, Recorded Investment
2020	216,782
2019	284,008
2018	375,496
2017	367,371
2016	323,917
Prior Years	370,240
Revolving Loans Amortized Cost Basis	14,776
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,952,590
Popular U.S. | Commercial | CRE non-owner occupied | Watch
Financing Receivable, Recorded Investment
2020	5,182
2019	15,593
2018	107,740
2017	65,215
2016	61,756
Prior Years	125,229
Revolving Loans Amortized Cost Basis	342
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	381,057
Popular U.S. | Commercial | CRE non-owner occupied | Special Mention
Financing Receivable, Recorded Investment
2020	0
2019	2,888
2018	9,078
2017	7,982
2016	61,363
Prior Years	8,229
Revolving Loans Amortized Cost Basis	350
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	89,890
Popular U.S. | Commercial | CRE non-owner occupied | Substandard
Financing Receivable, Recorded Investment
2020	0
2019	12,338
2018	13,352
2017	11,267
2016	41,637
Prior Years	53,188
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	131,782
Popular U.S. | Commercial | CRE non-owner occupied | Pass / Unrated
Financing Receivable, Recorded Investment
2020	211,600
2019	253,189
2018	245,326
2017	282,907
2016	159,161
Prior Years	183,594
Revolving Loans Amortized Cost Basis	14,084
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,349,861
Popular U.S. | Commercial | CRE owner occupied
Financing Receivable, Recorded Investment
2020	21,405
2019	57,615
2018	57,608
2017	39,636
2016	39,780
Prior Years	125,817
Revolving Loans Amortized Cost Basis	4,913
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	346,774
Popular U.S. | Commercial | CRE owner occupied | Watch
Financing Receivable, Recorded Investment
2020	0
2019	9,512
2018	9,095
2017	4,297
2016	13,034
Prior Years	13,945
Revolving Loans Amortized Cost Basis	4,222
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	54,105
Popular U.S. | Commercial | CRE owner occupied | Special Mention
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	194
2017	0
2016	0
Prior Years	5,516
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	5,710
Popular U.S. | Commercial | CRE owner occupied | Substandard
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	1,342
2017	0
2016	1,365
Prior Years	20,583
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	23,290
Popular U.S. | Commercial | CRE owner occupied | Pass / Unrated
Financing Receivable, Recorded Investment
2020	21,405
2019	48,103
2018	46,977
2017	35,339
2016	25,381
Prior Years	85,773
Revolving Loans Amortized Cost Basis	691
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	263,669
Popular U.S. | Commercial | Commercial and Industrial
Financing Receivable, Recorded Investment
2020	280,201
2019	200,046
2018	203,547
2017	167,140
2016	141,723
Prior Years	352,643
Revolving Loans Amortized Cost Basis	97,782
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,443,082
Popular U.S. | Commercial | Commercial and Industrial | Watch
Financing Receivable, Recorded Investment
2020	16,892
2019	1,375
2018	302
2017	3,627
2016	749
Prior Years	13,487
Revolving Loans Amortized Cost Basis	6,070
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	42,502
Popular U.S. | Commercial | Commercial and Industrial | Special Mention
Financing Receivable, Recorded Investment
2020	2,982
2019	0
2018	250
2017	170
2016	4,647
Prior Years	928
Revolving Loans Amortized Cost Basis	258
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	9,235
Popular U.S. | Commercial | Commercial and Industrial | Substandard
Financing Receivable, Recorded Investment
2020	1,770
2019	141
2018	0
2017	0
2016	508
Prior Years	6,130
Revolving Loans Amortized Cost Basis	18
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	8,567
Popular U.S. | Commercial | Commercial and Industrial | Pass / Unrated
Financing Receivable, Recorded Investment
2020	258,557
2019	198,530
2018	202,995
2017	163,343
2016	135,819
Prior Years	332,098
Revolving Loans Amortized Cost Basis	91,436
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,382,778
Popular U.S. | Consumer | Credit cards
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	0
Revolving Loans Amortized Cost Basis	26
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	26
Popular U.S. | Consumer | Credit cards | Pass / Unrated
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	0
Revolving Loans Amortized Cost Basis	26
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	26
Popular U.S. | Consumer | Home equity lines of credit
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	15,921
Revolving Loans Amortized Cost Basis	46,467
Revolving Loans Converted to Term Loans Amortized Cost Basis	48,319
Total	110,707
Popular U.S. | Consumer | Home equity lines of credit | Substandard
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	195
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	713
Total	908
Popular U.S. | Consumer | Home equity lines of credit | Loss
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	313
Revolving Loans Amortized Cost Basis	0
Revolving Loans Converted to Term Loans Amortized Cost Basis	7,021
Total	7,334
Popular U.S. | Consumer | Home equity lines of credit | Pass / Unrated
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	15,413
Revolving Loans Amortized Cost Basis	46,467
Revolving Loans Converted to Term Loans Amortized Cost Basis	40,585
Total	102,465
Popular U.S. | Consumer | Personal loans
Financing Receivable, Recorded Investment
2020	41,182
2019	149,482
2018	47,612
2017	16,302
2016	5,322
Prior Years	11,353
Revolving Loans Amortized Cost Basis	215
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	271,468
Popular U.S. | Consumer | Personal loans | Substandard
Financing Receivable, Recorded Investment
2020	62
2019	797
2018	474
2017	203
2016	80
Prior Years	15
Revolving Loans Amortized Cost Basis	1
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,632
Popular U.S. | Consumer | Personal loans | Loss
Financing Receivable, Recorded Investment
2020	0
2019	17
2018	25
2017	8
2016	6
Prior Years	283
Revolving Loans Amortized Cost Basis	4
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	343
Popular U.S. | Consumer | Personal loans | Pass / Unrated
Financing Receivable, Recorded Investment
2020	41,120
2019	148,668
2018	47,113
2017	16,091
2016	5,236
Prior Years	11,055
Revolving Loans Amortized Cost Basis	210
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	269,493
Popular U.S. | Consumer | Other
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	0
Revolving Loans Amortized Cost Basis	1,372
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	1,372
Popular U.S. | Consumer | Other | Pass / Unrated
Financing Receivable, Recorded Investment
2020	0
2019	0
2018	0
2017	0
2016	0
Prior Years	0
Revolving Loans Amortized Cost Basis	1,372
Revolving Loans Converted to Term Loans Amortized Cost Basis	0
Total	$ 1,372

Allowance for credit losses -_5

Allowance for credit losses - Credit quality indicators of loans held-in-portfolio based obligor risk ratings (Details) $ in Thousands	Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)units	Jun. 30, 2019USD ($)
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 29,070,553	$ 27,406,873	$ 27,005,745
Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		1,511,493
Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		591,291
Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		996,694
Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		5,067
Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		8,842
Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		3,113,387
Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		24,293,486
Construction
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	928,507	831,092	825,419
Construction | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		46,984
Construction | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		17,940
Construction | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		65,569
Construction | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Construction | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Construction | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		130,493
Construction | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		700,599
Mortgages
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	7,521,795	7,183,532	7,198,959
Mortgages | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		2,187
Mortgages | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		2,218
Mortgages | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		138,712
Mortgages | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Mortgages | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Mortgages | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		143,117
Mortgages | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		7,040,415
Legacy
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	17,000	22,105	23,893
Legacy | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		388
Legacy | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		202
Legacy | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		1,528
Legacy | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Legacy | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Legacy | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		2,118
Legacy | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		19,987
Commercial
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		12,312,751	12,216,603
Commercial | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		1,461,398
Commercial | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		570,920
Commercial | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		698,793
Commercial | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		5,067
Commercial | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		16
Commercial | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		2,736,194
Commercial | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		9,576,557
Commercial | Commercial multi-family
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,788,622	1,795,159
Commercial | Commercial multi-family | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		49,700
Commercial | Commercial multi-family | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		17,697
Commercial | Commercial multi-family | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		10,226
Commercial | Commercial multi-family | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Commercial | Commercial multi-family | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Commercial | Commercial multi-family | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		77,623
Commercial | Commercial multi-family | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		1,717,536
Commercial | CRE non-owner occupied
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	4,029,490	3,978,514
Commercial | CRE non-owner occupied | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		572,965
Commercial | CRE non-owner occupied | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		191,193
Commercial | CRE non-owner occupied | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		340,106
Commercial | CRE non-owner occupied | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		3,290
Commercial | CRE non-owner occupied | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Commercial | CRE non-owner occupied | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		1,107,554
Commercial | CRE non-owner occupied | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		2,870,960
Commercial | CRE owner occupied
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,026,949	1,925,464
Commercial | CRE owner occupied | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		220,193
Commercial | CRE owner occupied | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		190,387
Commercial | CRE owner occupied | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		197,203
Commercial | CRE owner occupied | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		1,629
Commercial | CRE owner occupied | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Commercial | CRE owner occupied | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		609,412
Commercial | CRE owner occupied | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		1,316,052
Commercial | Commercial and Industrial
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	5,890,021	4,613,614
Commercial | Commercial and Industrial | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		618,540
Commercial | Commercial and Industrial | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		171,643
Commercial | Commercial and Industrial | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		151,258
Commercial | Commercial and Industrial | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		148
Commercial | Commercial and Industrial | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		16
Commercial | Commercial and Industrial | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		941,605
Commercial | Commercial and Industrial | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		3,672,009
Leasing
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,098,188	1,059,507	991,546
Leasing | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Leasing | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Leasing | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		3,590
Leasing | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Leasing | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		68
Leasing | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		3,658
Leasing | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		1,055,849
Consumer
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		5,997,886	5,749,325
Consumer | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		536
Consumer | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		11
Consumer | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		88,502
Consumer | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Consumer | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		8,758
Consumer | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		97,807
Consumer | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		5,900,079
Consumer | Credit cards
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	977,408	1,123,836
Consumer | Credit cards | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Consumer | Credit cards | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Consumer | Credit cards | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		19,461
Consumer | Credit cards | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Consumer | Credit cards | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Consumer | Credit cards | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		19,461
Consumer | Credit cards | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		1,104,375
Consumer | Home equity lines of credit
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	115,273	122,381
Consumer | Home equity lines of credit | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Consumer | Home equity lines of credit | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Consumer | Home equity lines of credit | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		2,024
Consumer | Home equity lines of credit | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Consumer | Home equity lines of credit | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		7,930
Consumer | Home equity lines of credit | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		9,954
Consumer | Home equity lines of credit | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		112,427
Consumer | Personal loans
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,641,163	1,692,590
Consumer | Personal loans | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		77
Consumer | Personal loans | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Consumer | Personal loans | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		21,222
Consumer | Personal loans | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Consumer | Personal loans | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		403
Consumer | Personal loans | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		21,702
Consumer | Personal loans | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		1,670,888
Consumer | Auto Loan
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,904,324	2,917,522
Consumer | Auto Loan | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Consumer | Auto Loan | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Consumer | Auto Loan | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		30,775
Consumer | Auto Loan | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Consumer | Auto Loan | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		372
Consumer | Auto Loan | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		31,147
Consumer | Auto Loan | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		2,886,375
Consumer | Other
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	131,813	141,557
Consumer | Other | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		459
Consumer | Other | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		11
Consumer | Other | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		15,020
Consumer | Other | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Consumer | Other | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		53
Consumer | Other | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		15,543
Consumer | Other | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		126,014
Puerto Rico
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	21,424,203	20,180,232	20,041,661
Puerto Rico | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		1,282,517
Puerto Rico | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		528,419
Puerto Rico | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		792,286
Puerto Rico | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		5,067
Puerto Rico | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		509
Puerto Rico | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		2,608,798
Puerto Rico | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		17,571,434
Puerto Rico | Construction
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	176,612	137,470	108,958
Puerto Rico | Construction | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		340
Puerto Rico | Construction | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		649
Puerto Rico | Construction | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 20,771
Weighted average obligor risk rating | units		11.01
Puerto Rico | Construction | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 0
Puerto Rico | Construction | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Construction | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		21,760
Puerto Rico | Construction | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 115,710
Weighted average obligor risk rating | units		7.85
Puerto Rico | Mortgages
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	6,410,818	$ 6,166,748	6,302,958
Puerto Rico | Mortgages | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		2,187
Puerto Rico | Mortgages | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		2,218
Puerto Rico | Mortgages | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		127,621
Puerto Rico | Mortgages | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Mortgages | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Mortgages | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		132,026
Puerto Rico | Mortgages | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		6,034,722
Puerto Rico | Commercial
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		7,261,130	7,339,849
Puerto Rico | Commercial | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		1,279,454
Puerto Rico | Commercial | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		525,541
Puerto Rico | Commercial | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 555,490
Weighted average obligor risk rating | units		11.25
Puerto Rico | Commercial | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 5,067
Puerto Rico | Commercial | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		16
Puerto Rico | Commercial | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		2,365,568
Puerto Rico | Commercial | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 4,895,562
Weighted average obligor risk rating | units		7.10
Puerto Rico | Commercial | Commercial multi-family
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	148,163	$ 147,849
Puerto Rico | Commercial | Commercial multi-family | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		1,341
Puerto Rico | Commercial | Commercial multi-family | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		3,870
Puerto Rico | Commercial | Commercial multi-family | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 1,793
Weighted average obligor risk rating | units		11.82
Puerto Rico | Commercial | Commercial multi-family | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 0
Puerto Rico | Commercial | Commercial multi-family | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Commercial | Commercial multi-family | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		7,004
Puerto Rico | Commercial | Commercial multi-family | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 140,845
Weighted average obligor risk rating | units		6.02
Puerto Rico | Commercial | CRE non-owner occupied
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,076,900	$ 2,108,218
Puerto Rico | Commercial | CRE non-owner occupied | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		492,357
Puerto Rico | Commercial | CRE non-owner occupied | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		166,810
Puerto Rico | Commercial | CRE non-owner occupied | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 239,448
Weighted average obligor risk rating | units		11.17
Puerto Rico | Commercial | CRE non-owner occupied | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 3,290
Puerto Rico | Commercial | CRE non-owner occupied | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Commercial | CRE non-owner occupied | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		901,905
Puerto Rico | Commercial | CRE non-owner occupied | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 1,206,313
Weighted average obligor risk rating | units		6.77
Puerto Rico | Commercial | CRE owner occupied
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,680,175	$ 1,586,329
Puerto Rico | Commercial | CRE owner occupied | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		192,895
Puerto Rico | Commercial | CRE owner occupied | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		184,678
Puerto Rico | Commercial | CRE owner occupied | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 183,377
Weighted average obligor risk rating | units		11.36
Puerto Rico | Commercial | CRE owner occupied | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 1,629
Puerto Rico | Commercial | CRE owner occupied | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Commercial | CRE owner occupied | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		562,579
Puerto Rico | Commercial | CRE owner occupied | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 1,023,750
Weighted average obligor risk rating | units		7.30
Puerto Rico | Commercial | Commercial and Industrial
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	4,446,939	$ 3,418,734
Puerto Rico | Commercial | Commercial and Industrial | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		592,861
Puerto Rico | Commercial | Commercial and Industrial | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		170,183
Puerto Rico | Commercial | Commercial and Industrial | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 130,872
Weighted average obligor risk rating | units		11.26
Puerto Rico | Commercial | Commercial and Industrial | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 148
Puerto Rico | Commercial | Commercial and Industrial | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		16
Puerto Rico | Commercial | Commercial and Industrial | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		894,080
Puerto Rico | Commercial | Commercial and Industrial | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 2,524,654
Weighted average obligor risk rating | units		7.20
Puerto Rico | Leasing
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,098,188	$ 1,059,507	991,546
Puerto Rico | Leasing | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Leasing | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Leasing | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		3,590
Puerto Rico | Leasing | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Leasing | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		68
Puerto Rico | Leasing | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		3,658
Puerto Rico | Leasing | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		1,055,849
Puerto Rico | Consumer
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		5,555,377	5,298,350
Puerto Rico | Consumer | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		536
Puerto Rico | Consumer | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		11
Puerto Rico | Consumer | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		84,814
Puerto Rico | Consumer | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Consumer | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		425
Puerto Rico | Consumer | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		85,786
Puerto Rico | Consumer | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		5,469,591
Puerto Rico | Consumer | Credit cards
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	977,382	1,123,800
Puerto Rico | Consumer | Credit cards | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Consumer | Credit cards | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Consumer | Credit cards | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		19,461
Puerto Rico | Consumer | Credit cards | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Consumer | Credit cards | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Consumer | Credit cards | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		19,461
Puerto Rico | Consumer | Credit cards | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		1,104,339
Puerto Rico | Consumer | Home equity lines of credit
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	4,566	5,038
Puerto Rico | Consumer | Home equity lines of credit | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Consumer | Home equity lines of credit | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Consumer | Home equity lines of credit | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Consumer | Home equity lines of credit | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Consumer | Home equity lines of credit | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Consumer | Home equity lines of credit | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Consumer | Home equity lines of credit | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		5,038
Puerto Rico | Consumer | Personal loans
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,369,695	1,368,150
Puerto Rico | Consumer | Personal loans | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		77
Puerto Rico | Consumer | Personal loans | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Consumer | Personal loans | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		19,558
Puerto Rico | Consumer | Personal loans | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Consumer | Personal loans | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Consumer | Personal loans | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		19,635
Puerto Rico | Consumer | Personal loans | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		1,348,515
Puerto Rico | Consumer | Auto Loan
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	2,904,324	2,917,522
Puerto Rico | Consumer | Auto Loan | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Consumer | Auto Loan | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Consumer | Auto Loan | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		30,775
Puerto Rico | Consumer | Auto Loan | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Consumer | Auto Loan | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		372
Puerto Rico | Consumer | Auto Loan | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		31,147
Puerto Rico | Consumer | Auto Loan | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		2,886,375
Puerto Rico | Consumer | Other
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	130,441	140,867
Puerto Rico | Consumer | Other | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		459
Puerto Rico | Consumer | Other | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		11
Puerto Rico | Consumer | Other | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		15,020
Puerto Rico | Consumer | Other | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Puerto Rico | Consumer | Other | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		53
Puerto Rico | Consumer | Other | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		15,543
Puerto Rico | Consumer | Other | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		125,324
Popular U.S.
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	7,646,350	7,226,641	6,964,084
Popular U.S. | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		228,976
Popular U.S. | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		62,872
Popular U.S. | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		204,408
Popular U.S. | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		8,333
Popular U.S. | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		504,589
Popular U.S. | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		6,722,052
Popular U.S. | Construction
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	751,895	693,622	716,461
Popular U.S. | Construction | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		46,644
Popular U.S. | Construction | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		17,291
Popular U.S. | Construction | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 44,798
Weighted average obligor risk rating | units		11
Popular U.S. | Construction | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 0
Popular U.S. | Construction | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Construction | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		108,733
Popular U.S. | Construction | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 584,889
Weighted average obligor risk rating | units		7.74
Popular U.S. | Mortgages
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,110,977	$ 1,016,784	896,001
Popular U.S. | Mortgages | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Mortgages | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Mortgages | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		11,091
Popular U.S. | Mortgages | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Mortgages | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Mortgages | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		11,091
Popular U.S. | Mortgages | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		1,005,693
Popular U.S. | Legacy
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	17,000	22,105	23,893
Popular U.S. | Legacy | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		388
Popular U.S. | Legacy | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		202
Popular U.S. | Legacy | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 1,528
Weighted average obligor risk rating | units		11.25
Popular U.S. | Legacy | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 0
Popular U.S. | Legacy | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Legacy | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		2,118
Popular U.S. | Legacy | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 19,987
Weighted average obligor risk rating | units		7.95
Popular U.S. | Commercial
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 5,051,621	4,876,754
Popular U.S. | Commercial | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		181,944
Popular U.S. | Commercial | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		45,379
Popular U.S. | Commercial | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 143,303
Weighted average obligor risk rating | units		11.02
Popular U.S. | Commercial | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 0
Popular U.S. | Commercial | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Commercial | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		370,626
Popular U.S. | Commercial | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 4,680,995
Weighted average obligor risk rating | units		7.04
Popular U.S. | Commercial | Commercial multi-family
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,640,459	$ 1,647,310
Popular U.S. | Commercial | Commercial multi-family | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		48,359
Popular U.S. | Commercial | Commercial multi-family | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		13,827
Popular U.S. | Commercial | Commercial multi-family | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 8,433
Weighted average obligor risk rating | units		11.25
Popular U.S. | Commercial | Commercial multi-family | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 0
Popular U.S. | Commercial | Commercial multi-family | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Commercial | Commercial multi-family | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		70,619
Popular U.S. | Commercial | Commercial multi-family | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 1,576,691
Weighted average obligor risk rating | units		7.37
Popular U.S. | Commercial | CRE non-owner occupied
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,952,590	$ 1,870,296
Popular U.S. | Commercial | CRE non-owner occupied | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		80,608
Popular U.S. | Commercial | CRE non-owner occupied | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		24,383
Popular U.S. | Commercial | CRE non-owner occupied | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 100,658
Weighted average obligor risk rating | units		11
Popular U.S. | Commercial | CRE non-owner occupied | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 0
Popular U.S. | Commercial | CRE non-owner occupied | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Commercial | CRE non-owner occupied | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		205,649
Popular U.S. | Commercial | CRE non-owner occupied | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 1,664,647
Weighted average obligor risk rating | units		6.94
Popular U.S. | Commercial | CRE owner occupied
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	346,774	$ 339,135
Popular U.S. | Commercial | CRE owner occupied | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		27,298
Popular U.S. | Commercial | CRE owner occupied | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		5,709
Popular U.S. | Commercial | CRE owner occupied | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 13,826
Weighted average obligor risk rating | units		11.02
Popular U.S. | Commercial | CRE owner occupied | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 0
Popular U.S. | Commercial | CRE owner occupied | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Commercial | CRE owner occupied | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		46,833
Popular U.S. | Commercial | CRE owner occupied | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 292,302
Weighted average obligor risk rating | units		7.48
Popular U.S. | Commercial | Commercial and Industrial
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	1,443,082	$ 1,194,880
Popular U.S. | Commercial | Commercial and Industrial | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		25,679
Popular U.S. | Commercial | Commercial and Industrial | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		1,460
Popular U.S. | Commercial | Commercial and Industrial | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 20,386
Weighted average obligor risk rating | units		11.01
Popular U.S. | Commercial | Commercial and Industrial | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 0
Popular U.S. | Commercial | Commercial and Industrial | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Commercial | Commercial and Industrial | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		47,525
Popular U.S. | Commercial | Commercial and Industrial | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 1,147,355
Weighted average obligor risk rating | units		6.63
Popular U.S. | Consumer
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 442,509	$ 450,975
Popular U.S. | Consumer | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Consumer | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Consumer | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		3,688
Popular U.S. | Consumer | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Consumer | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		8,333
Popular U.S. | Consumer | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		12,021
Popular U.S. | Consumer | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		430,488
Popular U.S. | Consumer | Credit cards
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	26	36
Popular U.S. | Consumer | Credit cards | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Consumer | Credit cards | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Consumer | Credit cards | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Consumer | Credit cards | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Consumer | Credit cards | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Consumer | Credit cards | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Consumer | Credit cards | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		36
Popular U.S. | Consumer | Home equity lines of credit
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	110,707	117,343
Popular U.S. | Consumer | Home equity lines of credit | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Consumer | Home equity lines of credit | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Consumer | Home equity lines of credit | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		2,024
Popular U.S. | Consumer | Home equity lines of credit | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Consumer | Home equity lines of credit | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		7,930
Popular U.S. | Consumer | Home equity lines of credit | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		9,954
Popular U.S. | Consumer | Home equity lines of credit | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		107,389
Popular U.S. | Consumer | Personal loans
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	271,468	324,440
Popular U.S. | Consumer | Personal loans | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Consumer | Personal loans | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Consumer | Personal loans | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		1,664
Popular U.S. | Consumer | Personal loans | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Consumer | Personal loans | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		403
Popular U.S. | Consumer | Personal loans | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		2,067
Popular U.S. | Consumer | Personal loans | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		322,373
Popular U.S. | Consumer | Other
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income	$ 1,372	690
Popular U.S. | Consumer | Other | Watch
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Consumer | Other | Special Mention
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Consumer | Other | Substandard
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Consumer | Other | Doubtful
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Consumer | Other | Loss
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Consumer | Other | Sub-total
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		0
Popular U.S. | Consumer | Other | Pass / Unrated
Financing Receivable, Recorded Investment
Loans held-in-portfolio, net of unearned income		$ 690

Allowance for credit losses - L

Allowance for credit losses - Loans individually evaluated for impairment (Details) $ in Thousands	Dec. 31, 2019USD ($)
Financing Receivable, Impaired
Related Allowance	$ 85,226
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	722,007
Recorded investment - with No Allowance	310,814
Recorded Investment - Total	1,032,821
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	803,150
Unpaid principal balance - with No Allowance	420,055
Unpaid Principal Balance - Total	1,223,205
Commercial and Industrial
Financing Receivable, Impaired
Related Allowance	3,171
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	43,640
Recorded investment - with No Allowance	24,831
Recorded Investment - Total	68,471
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	47,611
Unpaid principal balance - with No Allowance	44,255
Unpaid Principal Balance - Total	91,866
Construction
Financing Receivable, Impaired
Related Allowance	6
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	119
Recorded investment - with No Allowance	0
Recorded Investment - Total	119
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	119
Unpaid principal balance - with No Allowance	0
Unpaid Principal Balance - Total	119
Mortgages
Financing Receivable, Impaired
Related Allowance	42,804
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	427,855
Recorded investment - with No Allowance	104,000
Recorded Investment - Total	531,855
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	487,193
Unpaid principal balance - with No Allowance	137,175
Unpaid Principal Balance - Total	624,368
Commercial | Commercial multi-family
Financing Receivable, Impaired
Related Allowance	4
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	1,196
Recorded investment - with No Allowance	3,114
Recorded Investment - Total	4,310
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	1,229
Unpaid principal balance - with No Allowance	3,786
Unpaid Principal Balance - Total	5,015
Commercial | CRE non-owner occupied
Financing Receivable, Impaired
Related Allowance	12,281
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	44,975
Recorded investment - with No Allowance	149,587
Recorded Investment - Total	194,562
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	45,803
Unpaid principal balance - with No Allowance	173,124
Unpaid Principal Balance - Total	218,927
Commercial | CRE owner occupied
Financing Receivable, Impaired
Related Allowance	5,077
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	105,841
Recorded investment - with No Allowance	26,365
Recorded Investment - Total	132,206
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	122,814
Unpaid principal balance - with No Allowance	58,540
Unpaid Principal Balance - Total	181,354
Leasing
Financing Receivable, Impaired
Related Allowance	61
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	507
Recorded investment - with No Allowance	0
Recorded Investment - Total	507
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	507
Unpaid principal balance - with No Allowance	0
Unpaid Principal Balance - Total	507
Personal loans | Credit cards
Financing Receivable, Impaired
Related Allowance	2,957
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	24,475
Recorded investment - with No Allowance	0
Recorded Investment - Total	24,475
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	24,475
Unpaid principal balance - with No Allowance	0
Unpaid Principal Balance - Total	24,475
Personal loans | Home equity lines of credit
Financing Receivable, Impaired
Related Allowance	1,560
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	6,691
Recorded investment - with No Allowance	2,829
Recorded Investment - Total	9,520
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	6,691
Unpaid principal balance - with No Allowance	3,087
Unpaid Principal Balance - Total	9,778
Personal loans | Personal loans
Financing Receivable, Impaired
Related Allowance	17,145
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	65,547
Recorded investment - with No Allowance	88
Recorded Investment - Total	65,635
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	65,547
Unpaid principal balance - with No Allowance	88
Unpaid Principal Balance - Total	65,635
Personal loans | Auto Loan
Financing Receivable, Impaired
Related Allowance	51
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	310
Recorded investment - with No Allowance	0
Recorded Investment - Total	310
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	310
Unpaid principal balance - with No Allowance	0
Unpaid Principal Balance - Total	310
Personal loans | Other
Financing Receivable, Impaired
Related Allowance	109
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	851
Recorded investment - with No Allowance	0
Recorded Investment - Total	851
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	851
Unpaid principal balance - with No Allowance	0
Unpaid Principal Balance - Total	851
Puerto Rico
Financing Receivable, Impaired
Related Allowance	81,455
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	708,384
Recorded investment - with No Allowance	303,320
Recorded Investment - Total	1,011,704
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	789,176
Unpaid principal balance - with No Allowance	411,497
Unpaid Principal Balance - Total	1,200,673
Puerto Rico | Commercial and Industrial
Financing Receivable, Impaired
Related Allowance	3,171
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	43,640
Recorded investment - with No Allowance	24,831
Recorded Investment - Total	68,471
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	47,611
Unpaid principal balance - with No Allowance	44,255
Unpaid Principal Balance - Total	91,866
Puerto Rico | Construction
Financing Receivable, Impaired
Related Allowance	6
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	119
Recorded investment - with No Allowance	0
Recorded Investment - Total	119
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	119
Unpaid principal balance - with No Allowance	0
Unpaid Principal Balance - Total	119
Puerto Rico | Mortgages
Financing Receivable, Impaired
Related Allowance	40,596
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	420,949
Recorded investment - with No Allowance	101,520
Recorded Investment - Total	522,469
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	479,936
Unpaid principal balance - with No Allowance	134,331
Unpaid Principal Balance - Total	614,267
Puerto Rico | Commercial | Commercial multi-family
Financing Receivable, Impaired
Related Allowance	4
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	1,196
Recorded investment - with No Allowance	1,017
Recorded Investment - Total	2,213
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	1,229
Unpaid principal balance - with No Allowance	1,247
Unpaid Principal Balance - Total	2,476
Puerto Rico | Commercial | CRE non-owner occupied
Financing Receivable, Impaired
Related Allowance	12,281
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	44,975
Recorded investment - with No Allowance	149,587
Recorded Investment - Total	194,562
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	45,803
Unpaid principal balance - with No Allowance	173,124
Unpaid Principal Balance - Total	218,927
Puerto Rico | Commercial | CRE owner occupied
Financing Receivable, Impaired
Related Allowance	5,077
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	105,841
Recorded investment - with No Allowance	26,365
Recorded Investment - Total	132,206
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	122,814
Unpaid principal balance - with No Allowance	58,540
Unpaid Principal Balance - Total	181,354
Puerto Rico | Leasing
Financing Receivable, Impaired
Related Allowance	61
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	507
Recorded investment - with No Allowance	0
Recorded Investment - Total	507
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	507
Unpaid principal balance - with No Allowance	0
Unpaid Principal Balance - Total	507
Puerto Rico | Personal loans | Credit cards
Financing Receivable, Impaired
Related Allowance	2,957
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	24,475
Recorded investment - with No Allowance	0
Recorded Investment - Total	24,475
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	24,475
Unpaid principal balance - with No Allowance	0
Unpaid Principal Balance - Total	24,475
Puerto Rico | Personal loans | Personal loans
Financing Receivable, Impaired
Related Allowance	17,142
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	65,521
Recorded investment - with No Allowance	0
Recorded Investment - Total	65,521
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	65,521
Unpaid principal balance - with No Allowance	0
Unpaid Principal Balance - Total	65,521
Puerto Rico | Personal loans | Auto Loan
Financing Receivable, Impaired
Related Allowance	51
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	310
Recorded investment - with No Allowance	0
Recorded Investment - Total	310
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	310
Unpaid principal balance - with No Allowance	0
Unpaid Principal Balance - Total	310
Puerto Rico | Personal loans | Other
Financing Receivable, Impaired
Related Allowance	109
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	851
Recorded investment - with No Allowance	0
Recorded Investment - Total	851
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	851
Unpaid principal balance - with No Allowance	0
Unpaid Principal Balance - Total	851
Popular U.S.
Financing Receivable, Impaired
Related Allowance	3,771
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	13,623
Recorded investment - with No Allowance	7,494
Recorded Investment - Total	21,117
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	13,974
Unpaid principal balance - with No Allowance	8,558
Unpaid Principal Balance - Total	22,532
Popular U.S. | Mortgages
Financing Receivable, Impaired
Related Allowance	2,208
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	6,906
Recorded investment - with No Allowance	2,480
Recorded Investment - Total	9,386
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	7,257
Unpaid principal balance - with No Allowance	2,844
Unpaid Principal Balance - Total	10,101
Popular U.S. | Commercial | 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
Popular U.S. | Personal loans | Home equity lines of credit
Financing Receivable, Impaired
Related Allowance	1,560
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	6,691
Recorded investment - with No Allowance	2,829
Recorded Investment - Total	9,520
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	6,691
Unpaid principal balance - with No Allowance	3,087
Unpaid Principal Balance - Total	9,778
Popular U.S. | Personal loans | Personal loans
Financing Receivable, Impaired
Related Allowance	3
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded investment - with an Allowance	26
Recorded investment - with No Allowance	88
Recorded Investment - Total	114
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid principal balance - with an Allowance	26
Unpaid principal balance - with No Allowance	88
Unpaid Principal Balance - Total	$ 114

Allowance for credit losses -_6

Allowance for credit losses - Average recorded investment and interest income recognized on impaired loans (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019
Financing Receivable, Impaired
Average Recorded Investment	$ 1,039,266	$ 1,041,205
Interest Income Recognized	9,049	17,312
Construction
Financing Receivable, Impaired
Average Recorded Investment	13,848	13,848
Interest Income Recognized	0	0
Mortgages
Financing Receivable, Impaired
Average Recorded Investment	527,727	524,780
Interest Income Recognized	4,060	8,098
Commercial | Commercial multi-family
Financing Receivable, Impaired
Average Recorded Investment	2,239	1,803
Interest Income Recognized	12	24
Commercial | CRE non-owner occupied
Financing Receivable, Impaired
Average Recorded Investment	176,552	178,230
Interest Income Recognized	2,512	4,361
Commercial | CRE owner occupied
Financing Receivable, Impaired
Average Recorded Investment	140,118	140,100
Interest Income Recognized	1,671	3,173
Commercial | Commercial and Industrial
Financing Receivable, Impaired
Average Recorded Investment	67,976	70,628
Interest Income Recognized	725	1,512
Leasing
Financing Receivable, Impaired
Average Recorded Investment	942	994
Interest Income Recognized	0	0
Consumer | Credit cards
Financing Receivable, Impaired
Average Recorded Investment	27,261	27,784
Interest Income Recognized	0	0
Consumer | Home equity lines of credit
Financing Receivable, Impaired
Average Recorded Investment	9,013	8,586
Interest Income Recognized	0	0
Consumer | Personal loans
Financing Receivable, Impaired
Average Recorded Investment	71,289	72,113
Interest Income Recognized	69	144
Consumer | Auto Loan
Financing Receivable, Impaired
Average Recorded Investment	1,157	1,158
Interest Income Recognized	0	0
Consumer | Other
Financing Receivable, Impaired
Average Recorded Investment	1,144	1,181
Interest Income Recognized	0	0
Puerto Rico
Financing Receivable, Impaired
Average Recorded Investment	1,005,494	1,008,696
Interest Income Recognized	9,015	17,239
Puerto Rico | Construction
Financing Receivable, Impaired
Average Recorded Investment	1,788	1,788
Interest Income Recognized	0	0
Puerto Rico | Mortgages
Financing Receivable, Impaired
Average Recorded Investment	518,311	515,363
Interest Income Recognized	4,026	8,025
Puerto Rico | Commercial | Commercial multi-family
Financing Receivable, Impaired
Average Recorded Investment	978	963
Interest Income Recognized	12	24
Puerto Rico | Commercial | CRE non-owner occupied
Financing Receivable, Impaired
Average Recorded Investment	176,552	178,230
Interest Income Recognized	2,512	4,361
Puerto Rico | Commercial | CRE owner occupied
Financing Receivable, Impaired
Average Recorded Investment	138,552	139,056
Interest Income Recognized	1,671	3,173
Puerto Rico | Commercial | Commercial and Industrial
Financing Receivable, Impaired
Average Recorded Investment	67,976	70,628
Interest Income Recognized	725	1,512
Puerto Rico | Leasing
Financing Receivable, Impaired
Average Recorded Investment	942	994
Interest Income Recognized	0	0
Puerto Rico | Consumer | Credit cards
Financing Receivable, Impaired
Average Recorded Investment	27,261	27,784
Interest Income Recognized	0	0
Puerto Rico | Consumer | Home equity lines of credit
Financing Receivable, Impaired
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Puerto Rico | Consumer | Personal loans
Financing Receivable, Impaired
Average Recorded Investment	70,833	71,551
Interest Income Recognized	69	144
Puerto Rico | Consumer | Auto Loan
Financing Receivable, Impaired
Average Recorded Investment	1,157	1,158
Interest Income Recognized	0	0
Puerto Rico | Consumer | Other
Financing Receivable, Impaired
Average Recorded Investment	1,144	1,181
Interest Income Recognized	0	0
Popular U.S.
Financing Receivable, Impaired
Average Recorded Investment	33,772	32,509
Interest Income Recognized	34	73
Popular U.S. | Construction
Financing Receivable, Impaired
Average Recorded Investment	12,060	12,060
Interest Income Recognized	0	0
Popular U.S. | Mortgages
Financing Receivable, Impaired
Average Recorded Investment	9,416	9,417
Interest Income Recognized	34	73
Popular U.S. | Commercial | Commercial multi-family
Financing Receivable, Impaired
Average Recorded Investment	1,261	840
Interest Income Recognized	0	0
Popular U.S. | Commercial | CRE non-owner occupied
Financing Receivable, Impaired
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Popular U.S. | Commercial | CRE owner occupied
Financing Receivable, Impaired
Average Recorded Investment	1,566	1,044
Interest Income Recognized	0	0
Popular U.S. | Commercial | Commercial and Industrial
Financing Receivable, Impaired
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Popular U.S. | Leasing
Financing Receivable, Impaired
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Popular U.S. | Consumer | Credit cards
Financing Receivable, Impaired
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Popular U.S. | Consumer | Home equity lines of credit
Financing Receivable, Impaired
Average Recorded Investment	9,013	8,586
Interest Income Recognized	0	0
Popular U.S. | Consumer | Personal loans
Financing Receivable, Impaired
Average Recorded Investment	456	562
Interest Income Recognized	0	0
Popular U.S. | Consumer | Auto Loan
Financing Receivable, Impaired
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Popular U.S. | Consumer | Other
Financing Receivable, Impaired
Average Recorded Investment	0	0
Interest Income Recognized	$ 0	$ 0

Allowance for credit losses -_7

Allowance for credit losses - Allowance for loan losses - Additional Information (Details) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2020USD ($)loansNumberOfCustomer	Mar. 31, 2020	Jun. 30, 2019loans	Jun. 30, 2020USD ($)NumberOfCustomerloans	Jun. 30, 2019loans	Dec. 31, 2019USD ($)
Financing Receivable
Troubled debt restructurings	$ 1,599,178			$ 1,599,178		$ 1,587,684
Aggregated unpaid principal balance						1,223,205
Loan count | loans	238		203	366	336
Allowance for credit loss calculation assumption adopted	In order to calculate the ACL for the second quarter, the Corporation selected Moody’s Analytics June Baseline scenario. This scenario exhibits greater deterioration in the economy at its peak, with US and PR economic activity declining by 33.4% and 24.6% during the second quarter of 2020, respectively, while unemployment rate increases to 14.0% and 14.4% for the US and PR, respectively. This scenario includes a significant pickup in economic activity during the third quarter of 2020, in part driven by federal stimulus and the resumption of economic activity in the different states. However, from the fourth quarter of 2020 through the second quarter of 2021, the economy experiences a slow, U-Shaped recovery. Unemployment levels remained elevated during 2021 with the unemployment rate averaging 9.3% and 11.5% for the US and PR, respectively. Subsequent changes to this forecast and related estimates will be reflected in the provision for credit losses in future periods.	As part of the first quarter’s ACL calculation, the Corporation selected Moody’s Analytics March 27th S3 Downside Scenario. This scenario, which contemplates a double-dip recession, had the recession peaking during the second quarter of 2020. During that quarter US real GDP declined by 25%, and the US unemployment rate increased to 13%. This scenario had a similar path for the PR economy in the second quarter of 2020 where economic activity decreased by 18%, and the unemployment rate peaked at 13.5%. After a modest rebound in the third quarter of 2020, the economy continued its decline through the first half of 2021 with a sustained recovery beginning during the second quarter of 2021. The unemployment rate for 2021 averaged 9.8% and 11.7% for the US and PR, respectively.
COVID-19 | Retail
Financing Receivable
Number of customers | NumberOfCustomer	116,226			116,226
Loan receivables granted for moratorium	$ 3,900,000			$ 3,900,000
COVID-19 | Commercial Loans
Financing Receivable
Number of customers | NumberOfCustomer	5,003			5,003
Loan receivables granted for moratorium	$ 4,100,000			$ 4,100,000
Commercial and Industrial
Financing Receivable
Aggregated unpaid principal balance						91,866
Mortgages
Financing Receivable
Troubled debt restructurings	$ 1,155,785			$ 1,155,785		1,139,597
Aggregated unpaid principal balance						624,368
Loan count | loans	101		11	148	19
Mortgages | Guaranteed by us sponsored entities
Financing Receivable
Aggregated unpaid principal balance	$ 642,000			$ 642,000		625,000
Commercial
Financing Receivable
Troubled debt restructurings	348,725			348,725		349,448
Outstanding commitments to lend additional funds to debtors owing receivables whose terms have been modified in troubled debt restructurings	$ 13,000			$ 13,000		$ 14,000
Commercial | Commercial and Industrial
Financing Receivable
Loan count | loans	1		2	3	3

Mortgage banking activities (De

Mortgage banking activities (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Mortgage servicing rights fair value adjustments			$ (12,869)	$ (21,011)
Net gain on sale of loans, including valuation adjustments on loans held-for-sale	$ 2,222	$ 0	3,179	0
Total trading account (loss) profit	82	422	573	682
Total mortgage banking activities	3,777	(1,773)	10,197	8,153
Mortgage banking activities
Mortgage servicing fees	9,058	11,916	20,026	23,603
Mortgage servicing rights fair value adjustments	(7,640)	(17,186)	(12,869)	(21,011)
Total mortgage servicing fees, net of fair value adjustments	1,418	(5,270)	7,157	2,592
Net gain on sale of loans, including valuation adjustments on loans held-for-sale	5,487	5,215	9,473	9,232
Unrealized (losses) gains on outstanding derivative positions	1,695	(227)	0	(227)
Realized (losses) gains on closed derivative positions	(4,823)	(1,491)	(6,433)	(3,444)
Total trading account (loss) profit	(3,128)	(1,718)	(6,433)	(3,671)
Total mortgage banking activities	$ 3,777	$ (1,773)	$ 10,197	$ 8,153

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		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	$ 70,425	$ 120,541	$ 156,133	$ 214,266
GNMA
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	63,000	88,000	114,000	159,000
FNMA
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	6,000	31,000	40,000	52,000
Trading account debt securities
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	69,325	118,387	153,546	210,454
Trading account debt securities | GNMA
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	63,384	87,803	114,032	158,952
Trading account debt securities | FNMA
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	5,941	30,584	39,514	51,502
Mortgage Servicing Rights
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	1,100	2,154	2,587	3,812
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 2
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	69,325	118,387	153,546	210,454
Level 2 | Trading account debt securities
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	69,325	118,387	153,546	210,454
Level 2 | Trading account debt securities | GNMA
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	63,384	87,803	114,032	158,952
Level 2 | Trading account debt securities | FNMA
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	5,941	30,584	39,514	51,502
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 3
Assets
Initial fair value of the assets obtained as proceeds from residential mortgage loans securitized	1,100	2,154	2,587	3,812
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	$ 1,100	$ 2,154	$ 2,587	$ 3,812

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	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Transfers and Servicing of Financial Assets
Fair value at beginning of period	$ 150,906	$ 169,777
Additions	3,107	4,255
Changes due to payments of loans	(4,989)	(5,586)
Reduction due to loan repurchases	(518)	(1,007)
Changes in fair value due to changes in valuation model inputs or assumptions	(7,386)	(14,418)
Other disposals	24	0
Fair value at end of period	$ 141,144	$ 153,021

Transfers of financial assets_5

Transfers of financial assets and servicing assets - Key economic assumptions used (Details) - Residential Mortgage	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement
Prepayment speed	9.20%	7.50%	7.50%	6.90%
Weighted average life	8 years 1 month 6 days	9 years 3 months 18 days	9 years	9 years 7 months 6 days
Discount rate (annual rate)	10.70%	11.00%	10.80%	11.00%

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	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Originated MSRs
Transfers of financial assets
Fair value of servicing rights	$ 55,165	$ 58,842
Weighted average life	6 years 4 months 24 days	6 years 8 months 12 days
Prepayment speed	6.10%	5.70%
Impact on fair value of 10% adverse change	$ (1,383)	$ (1,303)
Impact on fair value of 20% adverse change	$ (2,719)	$ (2,568)
Discount rate	11.40%	11.40%
Impact on fair value of 10% adverse change	$ (2,185)	$ (2,381)
Impact on fair value of 20% adverse change	(4,221)	(4,596)
Purchased MSRs
Transfers of financial assets
Fair value of servicing rights	$ 85,979	$ 92,064
Weighted average life	6 years	6 years 3 months 18 days
Prepayment speed	7.00%	6.20%
Impact on fair value of 10% adverse change	$ (2,544)	$ (2,306)
Impact on fair value of 20% adverse change	$ (4,973)	$ (4,525)
Discount rate	11.10%	11.00%
Impact on fair value of 10% adverse change	$ (3,276)	$ (3,603)
Impact on fair value of 20% adverse change	$ (6,333)	$ (6,959)

Transfers of financial assets_7

Transfers of financial assets and servicing assets - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]
Weighted average mortgage servicing fees	0.28%	0.30%	0.28%	0.30%
Mortgage loans related to buy-back option program	$ 29,250,076,000		$ 29,250,076,000		$ 27,587,856,000
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 withoutchanging 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	1,100,000,000		$ 1,100,000,000		1,200,000,000
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					103,000,000
Repurchased Loans			38,000,000	65,000,000
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	4,700,000	4,800,000	8,500,000	8,500,000
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	39,000,000	27,000,000	39,000,000	27,000,000
Securitization Financial Asset For Which Transfer Is Accounted As Sale Gain Loss On Sale			900,000	800,000
Loans serviced	13,700,000,000		13,700,000,000		$ 14,800,000,000
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	$ 4,000,000	$ 14,000,000	$ 11,000,000	$ 23,000,000

Other Real Estate Owned (Detail

Other Real Estate Owned (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Other Real Estate Owned Rollforward
Balance at beginning of the period	$ 123,922	$ 125,478	$ 122,072	$ 136,705
Write-downs in value	(1,476)	(1,949)	(2,885)	(4,130)
Additions	842	18,715	18,369	27,649
Sales	(9,339)	(23,159)	(23,712)	(41,006)
Other adjustments	(9)	(234)	96	(367)
Ending balance	113,940	118,851	113,940	118,851
Mortgages
Other Real Estate Owned Rollforward
Balance at beginning of the period	106,385	104,599	105,113	21,794
Write-downs in value	(671)	(1,541)	(1,571)	(979)
Additions	842	16,706	16,249	3,179
Sales	(9,089)	(19,227)	(22,429)	(5,446)
Other adjustments	(9)	(234)	96	0
Ending balance	97,458	100,303	97,458	100,303
Commercial / Construction
Other Real Estate Owned Rollforward
Balance at beginning of the period	17,537	20,879	16,959	114,911
Write-downs in value	(805)	(408)	(1,314)	(3,151)
Additions	0	2,009	2,120	24,470
Sales	(250)	(3,932)	(1,283)	(35,560)
Other adjustments	0	0	0	(367)
Ending balance	$ 16,482	$ 18,548	$ 16,482	$ 18,548

Other assets (Details)

Other assets (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Deferred Costs Capitalized Prepaid And Other Assets Disclosure Abstract
Net deferred tax assets (net of valuation allowance)	$ 913,575	$ 886,353
Investments under the equity method	229,950	237,081
Prepaid taxes	13,415	47,226
Other prepaid expenses	87,844	82,425
Derivative assets	15,379	17,966
Trades receivables from brokers and counterparties	34,430	47,049
Principal, interest and escrow servicing advances	94,835	77,800
Guaranteed mortgage loan claims receivable	101,243	108,946
Operating ROU assets	152,767	149,849
Finance ROU assets	13,157	12,888
Others	176,849	152,032
Total other assets	$ 1,833,444	$ 1,819,615

Other assets - Narratives (Deta

Other assets - Narratives (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2020	Dec. 31, 2019
Deferred Costs Capitalized Prepaid And Other Assets Disclosure Abstract
Hosting arrangement service contract implementation cost capitalized	$ 14,500	$ 14,500
Hosting arrangement service contract accumulated amortization	3,700	3,700
Hosting arrangement service contract, net value	10,800	10,800
Hosting arrangement service amortization expense	500	1,000
Other assets
Principal, interest and escrow servicing advances	94,835	94,835	$ 77,800
COVID-19
Other assets
Principal, interest and escrow servicing advances	$ 17,000	$ 17,000

Goodwill and other intangible_3

Goodwill and other intangible assets - Gross amount of goodwill and accumulated impairment losses (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Goodwill
Goodwill Gross	$ 839,334	$ 839,334
Goodwill Impaired Accumulated Impairment Loss	168,212	168,212
Goodwill (net amounts)	671,122	671,122
Banco Popular de Puerto Rico
Goodwill
Goodwill Gross	324,049	324,049
Goodwill Impaired Accumulated Impairment Loss	3,801	3,801
Goodwill (net amounts)	320,248	320,248
Popular U.S.
Goodwill
Goodwill Gross	515,285	515,285
Goodwill Impaired Accumulated Impairment Loss	164,411	164,411
Goodwill (net amounts)	$ 350,874	$ 350,874

Goodwill and other intangible_4

Goodwill and other intangible assets - Components of other intangible assets subject to amortization (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets
Core deposits - Gross	$ 24,400
Customer relationships - Gross	16,300
Gross Amount	39,871	$ 80,621
Finite Lived Intangible Assets Accumulated Amortization	21,524	58,005
Finite-Lived Intangible Assets, Net	18,347	22,616
Core deposits
Finite-Lived Intangible Assets
Core deposits - Gross	12,810	37,224
Finite Lived Intangible Assets Accumulated Amortization	6,832	29,792
Finite-Lived Intangible Assets, Net	5,978	7,432
Other customer relationship
Finite-Lived Intangible Assets
Customer relationships - Gross	26,573	42,909
Finite Lived Intangible Assets Accumulated Amortization	14,504	28,075
Finite-Lived Intangible Assets, Net	12,069	14,834
Trademarks
Finite-Lived Intangible Assets
Gross Amount	488	488
Finite Lived Intangible Assets Accumulated Amortization	188	138
Finite-Lived Intangible Assets, Net	$ 300	$ 350

Goodwill and other intangible_5

Goodwill and other intangible assets - Estimated amortization of the intangible assets with definite useful lives (Details) $ in Thousands	Jun. 30, 2020USD ($)
Goodwill and Intangible Assets Disclosure
Remaining 2020	$ 2,101
Year 2021	3,559
Year 2022	2,683
Year 2023	2,642
Year 2024	2,355
Later years	$ 5,007

Goodwill and other intangible_6

Goodwill and other intangible assets - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Jul. 31, 2019
Goodwill and other intangible assets
Amortization Of Intangible Assets	$ 1,796,000	$ 2,371,000	$ 4,269,000	$ 4,683,000
Finite-Lived Core Deposits, Gross	24,400,000		24,400,000
Finite-Lived Customer Relationships, Gross	16,300,000		16,300,000
Identifiable intangible assets	$ 6,100,000		6,100,000		$ 6,100,000
Changes in the carrying amount of goodwill			$ 0	$ 0
Discounted cash flow approach | Minimum
Goodwill and other intangible assets
Cost of equity discount rate	10.67%		10.67%
Discounted cash flow approach | Maximum
Goodwill and other intangible assets
Cost of equity discount rate	13.28%		13.28%
Customer relationship
Goodwill and other intangible assets
Finite-Lived Customer Relationships, Gross	$ 26,573,000		$ 26,573,000		$ 42,909,000
Banco Popular de Puerto Rico
Goodwill and other intangible assets
Step 1 Fair Value Excess Over Carrying Amount	$ 674,000,000		$ 674,000,000			$ 1,200,000,000
Percentage excess of fair value of reporting unit over equity value	21.00%		21.00%			37.00%
Popular U.S.
Goodwill and other intangible assets
Step 1 Fair Value Excess Over Carrying Amount	$ 20,000,000		$ 20,000,000			$ 338,000,000
Percentage excess of fair value of reporting unit over equity value	1.00%		1.00%			21.00%
Goodwill impairment charge			$ 0
Banco Popular de Puerto Rico and Popular Bank
Goodwill and other intangible assets
Percentage Of Goodwill	91.00%		91.00%

Deposits - Total interest beari

Deposits - Total interest bearing deposits (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Deposits [Abstract]
Savings accounts	$ 12,632,255	$ 10,618,629
NOW, money market and other interest bearing demand deposits	20,559,841	16,305,007
Total savings, NOW, money market and other interest bearing demand deposits	33,192,096	26,923,636
Certificates of deposit:
Under $100,000	3,173,952	3,133,840
$100,000 and over	4,957,742	4,540,957
Total certificates of deposit	8,131,694	7,674,797
Total interest bearing deposits	$ 41,323,790	$ 34,598,433

Deposits - Summary of certifica

Deposits - Summary of certificates of deposit by maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Deposits [Abstract]
2020	$ 3,937,328
2021	1,723,772
2022	853,961
2023	622,509
2024	581,619
2025 and thereafter	412,505
Total certificates of deposit	$ 8,131,694	$ 7,674,797

Deposits - Additional Informati

Deposits - Additional Information (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Deposits [Abstract]
Brokered deposits	$ 700	$ 500
Overdrafts in demand deposit accounts reclassified to loans	$ 2	$ 4

Borrowings - Repurchase agreeme

Borrowings - Repurchase agreements accounted for as secured borrowings (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Assets Sold under Agreements to Repurchase
Repurchase liability	$ 153,065	$ 193,378
Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	153,065	193,378
US Treasury Securities | Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	148,683	191,245
US Treasury Securities | Within 30 days | Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	66,828	88,646
US Treasury Securities | After 30 to 90 days | Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	9,732	78,061
US Treasury Securities | After 90 days | Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	72,123	24,538
Mortgage Backed Securities | Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	3,420	1,235
Mortgage Backed Securities | Within 30 days | Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	3,110	1,235
Mortgage Backed Securities | After 90 days | Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	310	0
CMO | Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	962	898
CMO | Within 30 days | Secured Debt
Assets Sold under Agreements to Repurchase
Repurchase liability	$ 962	$ 898

Borrowings - Notes payable (Det

Borrowings - Notes payable (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Debt Instrument
Notes payable	$ 1,186,274	$ 1,101,608
Advances with FRB
Debt Instrument
Long Term Debt	1,009	0
Advances with FHLB with maturities ranging from 2020 Through 2029
Debt Instrument
Advances with the FHLB	504,409	421,399
Fixed Rate with maturities on 2023 paying interest semiannually | Unsecured senior debt
Debt Instrument
Long Term Debt	295,941	295,307
Fixed Rate with maturities ranging from 2033 to 2034 | Junior subordinated debt
Debt Instrument
Long Term Debt	$ 384,915	$ 384,902

Borrowings - Notes payable -Par

Borrowings - Notes payable -Parenthetical (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2020USD ($)
Advances with FRB
Debt Instrument
Fixed interest rate percentage	35.00%
Senior Debt Maturity Year	2022
Debt Instrument Frequency Of Periodic Payment	annually
Advances with FHLB with maturities ranging from 2020 Through 2029
Debt Instrument
Notes Payable Maturity Year Range Start	2020
Notes Payable Maturity Year Range End	2029
Debt Instrument Frequency Of Periodic Payment	monthly
Advances with FHLB with maturities ranging from 2020 Through 2029 | Minimum
Debt Instrument
Advances with the FHLB, interest rate	0.73%
Advances with FHLB with maturities ranging from 2020 Through 2029 | Maximum
Debt Instrument
Advances with the FHLB, interest rate	4.19%
Fixed Rate with maturities on 2023 paying interest semiannually | Unsecured senior debt
Debt Instrument
Fixed interest rate percentage	6.125%
Senior Debt Maturity Year	2023
Debt issuance costs	$ 4,059
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	$ 382
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	Jun. 30, 2020USD ($)
Debt Disclosure
2020	$ 163,342
2021	112,693
2022	104,156
2023	319,201
2024	48,373
Later years	591,574
Total borrowings	1,339,339
Assets Sold Under Agreements To Repurchase
Debt Disclosure
2020	90,412
2021	62,653
2022	0
2023	0
2024	0
Later years	0
Total borrowings	153,065
Notes Payable
Debt Disclosure
2020	72,930
2021	50,040
2022	104,156
2023	319,201
2024	48,373
Later years	591,574
Total borrowings	$ 1,186,274

Borrowings - Additional Informa

Borrowings - Additional Information (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Debt Disclosure
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Maximum Amount Available	$ 3,500,000	$ 3,600,000
Federal Home Loan Bank Advances And Letters Of Credit Amount Used	500,000	400,000
Assets sold under agreements to repurchase	153,065	193,378
Advances with FRB
Debt Disclosure
Line Of Credit Facility Current Borrowing Capacity	1,400,000	1,100,000
Federal Home Loan Bank
Debt Disclosure
Line Of Credit Facility Capacity Available For Specific Purpose Other Than For Trade Purchases	$ 700,000	$ 900,000

Other Liabilities (Details)

Other Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Other Liabilities Disclosure Abstract
Accrued expenses	$ 218,157	$ 273,184
Accrued interest payable	40,605	44,026
Accounts payable	69,523	65,688
Dividends payable	33,663	29,027
Trades payable	470,849	4,084
Liability for GNMA loans sold with an option to repurchase	522,191	102,663
Reserves for loan indemnifications	34,427	38,074
Reserve for operational losses	37,055	35,665
Operating lease liabilities	167,951	165,139
Finance lease liabilities	20,020	19,810
Pension benefit obligation	44,983	52,616
Postretirement benefit obligation	168,362	168,681
Others	53,762	46,296
Total other liabilities	$ 1,881,548	$ 1,044,953

Stockholders' equity - Preferre

Stockholders' equity - Preferred stock - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	2 Months Ended	3 Months Ended		6 Months Ended
	Feb. 24, 2020	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2020	Dec. 31, 2019	Mar. 31, 2019	Dec. 31, 2018
Stockholders Equity Note
Stockholders equity		$ 5,780,165	$ 5,719,834	$ 5,780,165	$ 5,719,834	$ 5,669,605	$ 6,016,779	$ 5,440,060	$ 5,435,057
Preferred stock, shares authorized		30,000,000		30,000,000			30,000,000
Dividends, Preferred Stock, Cash		$ 353	$ 931	$ 1,053	$ 1,862
Preferred stock, shares outstanding		885,726	2,006,391	885,726	2,006,391		2,006,391		2,006,391
Preferred Stock
Stockholders Equity Note
Stockholders equity		$ 22,143	$ 50,160	$ 22,143	$ 50,160	$ 22,143	$ 50,160	$ 50,160	$ 50,160
Preferred Stock | 2008 Series B Preferred Stock
Stockholders Equity Note
Preferred stock redemption price per share	$ 25
Accrued and unpaid dividends on each share	0.1375
Dividends perferred stock per share	$ 25.1375
Preferred stock dividend rate percentage	8.25%
Dividends, Preferred Stock, Cash	$ 28,200

Stockholders' equity - Common s

Stockholders' equity - Common stock - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2020		Jun. 30, 2019		Jun. 30, 2020		Jun. 30, 2019		Dec. 31, 2019
Stockholders Equity Note
Cash dividends	$ 33,663	[1]	$ 28,993	[1]	$ 69,168	[2]	$ 57,979	[2]
Dividends payable	$ 33,663				$ 33,663				$ 29,027
Dividends Declared per Common Share	$ 0.40		$ 0.30		$ 0.80		$ 0.60
Dividend payable, to be paid date					Jul. 1, 2020
Dividends payable, record date					May 12, 2020
[1]	Dividends declared per common share during the quarter ended June 30, 2020 - $ 0.40 (2019 - $ 0.30).
[2]	Dividends declared per common share during the six months ended June 30, 2020 - $ 0.80 (2019 - $ 0.60).

Stockholders' equity - ASR - Ad

Stockholders' equity - ASR - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands

1 Months Ended

3 Months Ended

6 Months Ended

May 27, 2020

Jan. 30, 2020

Jun. 30, 2020

Mar. 31, 2020

Dec. 31, 2019

Jun. 30, 2019

Mar. 31, 2019

Jun. 30, 2020

Jun. 30, 2019

[3]

Stockholders Equity Note

Common stock purchases

$ 681

[1]

$ 1,520

$ 503,482

[2]

$ 254,639

Treasury stock

Stockholders Equity Note

Common stock purchases

154,083

[1]

$ 1,520

579,818

[2]

201,969

Capital surplus

Stockholders Equity Note

Common stock purchases

(153,402)

[1]

(76,336)

[2]

$ 52,670

Accelerate Share Repurchase

Stockholders Equity Note

Accelerated share repurchases price paid per share

$ 53.58

Accelerated share repurchases settlement receipt

$ 500,000

$ 500,000

$ 500,000

$ 250,000

500,000

Common Shares Repurchased Accelerated Share Repurchase Agreements

4,763,216

1,165,607

Initial shares received as part of an accelerated share repurchase program

7,055,919

7,055,919

3,500,000

Accelerate Share Repurchase | Treasury stock

Stockholders Equity Note

Common stock purchases

$ 400,000

$ 200,000

Accelerate Share Repurchase | Capital surplus

Stockholders Equity Note

Common stock purchases

$ (100,000)

$ (50,000)

$ 23,000

Accelerate Share Repurchase | COVID-19

Stockholders Equity Note

Stock Repurchased During Period Shares

11,819,135

Accelerated share repurchases price paid per share

$ 42.3043

Common Shares Repurchased Accelerated Share Repurchase Agreements

4,763,216

[1]

During the quarter ended June 30, 2020, the Corporation completed its previously announced $ 500 million accelerated share repurchase transaction for 2020 with respect to its common stock. Refer to Note 18 for additional information.

[2]

During the quarter ended March 31, 2020, the Corporation entered into a $ 500 million accelerated share repurchase transaction with respect to its common stock, which was accounted for as a treasury stock transaction. The transaction was completed on May 27, 2020. Refer to Note 18 for additional information.

[3]

During the quarter ended March 31, 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 18 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		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Foreign Currency Translation
Beginning Balance	$ (58,601)	$ (51,174)	$ (56,783)	$ (49,936)
Other comprehensive income (loss) before reclassifications	(10,857)	(1,204)	(12,675)	(2,442)
Net change	(10,857)	(1,204)	(12,675)	(2,442)
Ending Balance	(69,458)	(52,378)	(69,458)	(52,378)
Adjustment of pension and postretirement benefit plans
Beginning Balance	(199,465)	(200,163)	(202,816)	(203,836)
Amounts reclassified from accumulated other comprehensive income (loss) for amortization of net losses	3,351	3,672	6,702	7,345
Net change	3,351	3,672	6,702	7,345
Ending Balance	(196,114)	(196,491)	(196,114)	(196,491)
Unrealized net holding gains (losses) on debt securities
Beginning Balance	473,931	(72,408)	92,155	(173,811)
Other comprehensive (loss) income before reclassifications	15,174	130,452	396,950	231,855
Amounts reclassified from accumulated other comprehensive (loss) income for gains on securities	0	0	0	0
Net change	15,174	130,452	396,950	231,855
Ending Balance	489,105	58,044	489,105	58,044
Unrealized net (losses) gain on cash flow hedges
Beginning Balance	(5,242)	(234)	(2,494)	(391)
Reclassification to retained earnings due to cumulative effect of accounting change	0	0	0	(50)
Other comprehensive income (loss) before reclassification	(393)	(711)	(3,982)	(1,148)
Amounts reclassified from other accumulated other comprehensive income (loss)	1,451	557	2,292	1,201
Net change	1,058	(154)	(1,690)	3
Ending Balance	(4,184)	(388)	(4,184)	(388)
Accumulated other comprehensive (loss) income	$ 219,349	$ (191,213)	$ 219,349	$ (191,213)	$ (169,938)

Other comprehensive income (l_4

Other comprehensive income (loss) - Reclassification out of accumulated other comprehensive income (loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Reclassification out of accumulated other comprehensive loss
Income tax (benefit) expense	$ (24,628)	$ (40,330)	$ (27,725)	$ (90,553)
Net income	127,628	171,106	161,930	339,031
Reclassification out of accumulated other comprehensive income
Reclassification out of accumulated other comprehensive loss
Net income	(4,802)	(4,229)	(8,994)	(8,546)
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	(5,362)	(5,876)	(10,724)	(11,752)
Income tax (benefit) expense	2,011	2,204	4,022	4,407
Net income	(3,351)	(3,672)	(6,702)	(7,345)
Reclassification out of accumulated other comprehensive income | Amortization of net Loss | Personnel costs
Reclassification out of accumulated other comprehensive loss
Income (loss) before tax	(5,362)	(5,876)	(10,724)	(11,752)
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	(2,187)	(891)	(3,514)	(1,921)
Income tax (benefit) expense	736	334	1,222	720
Net income	(1,451)	(557)	(2,292)	(1,201)
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	(1,963)	(891)	(3,259)	(1,921)
Reclassification out of accumulated other comprehensive income | Unrealized net (losses) gains on cash flow hedges | Interest rate swap
Reclassification out of accumulated other comprehensive loss
Other Operating Income	$ (224)	$ 0	$ (255)	$ 0

Guarantees - Changes from credi

Guarantees - Changes from credit recourses agreements (Details) - Financial Guarantee - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Guarantor Obligations
Balance as of beginning of period	$ 31,719	$ 52,011	$ 34,862	$ 56,230
Impact of adopting CECL	0	0	(3,831)	0
Provision for recourse liability	1,050	1,267	5,414	956
Net charge-offs	(1,464)	(5,178)	(5,140)	(9,086)
Balance as of end of period	$ 31,305	$ 48,100	$ 31,305	$ 48,100

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		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Guarantor Obligations [Line Items]
Balance as of beginning of period	$ 3,143	$ 10,866	$ 3,212	$ 10,837
Provision (reversal) for representations and warranties	(21)	(4,511)	(90)	(4,407)
Net charge-offs	0	0	0	(75)
Settlements paid	0	(2,530)	0	(2,530)
Balance as of end of period	$ 3,122	$ 3,825	$ 3,122	$ 3,825

Guarantees - Credit recourse -

Guarantees - Credit recourse - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2020	Dec. 31, 2019	Mar. 31, 2019	Dec. 31, 2018
Guarantor Obligations
Adjustments To Indemnity Reserves On Loans Sold	$ (1,160)	$ 1,840	$ (5,953)	$ 1,747
Guarantee on loans sold or serviced with credit recourse
Guarantor Obligations
Valuation Allowances And Reserves Balance	31,305	48,100	31,305	48,100	$ 31,719	$ 34,862	$ 52,011	$ 56,230
Serviced Mortgage Loans
Guarantor Obligations
Loans serviced	13,700,000		13,700,000			14,800,000
Loans with Recourse
Guarantor Obligations
Loans serviced	1,100,000		1,100,000			$ 1,200,000
Loans with Recourse | Serviced Mortgage Loans
Guarantor Obligations
Repurchased Loans	$ 4,000	$ 14,000	$ 11,000	$ 23,000

Guarantees - Indemnification, R

Guarantees - Indemnification, Representations and Warranties related to loans sold - Additional Information (Details) - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Securitization | Guarantee on loans sold or serviced with representation and warranties
Guarantor Obligations
Repurchased Loans	$ 0	$ 0

Guarantees - Other Guarantees -

Guarantees - Other Guarantees - Additional Information (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Guarantor Obligations
Funds Advanced To Investors Under Servicing Agreements	$ 94,835	$ 77,800
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	Jun. 30, 2020	Dec. 31, 2019
Commitments To Extend Credit | Credit card
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unused Commitments To Extend Credit	$ 5,042,116	$ 4,889,694
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	2,957,285	3,205,306
Commitments To Extend Credit | Other consumer unused credit commitments
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unused Commitments To Extend Credit	266,293	262,516
Commercial Letters of Credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unused Commitments To Extend Credit	1,987	2,629
Standby Letters of Credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unused Commitments To Extend Credit	57,835	75,186
Commitments to originate or fund mortgage loans
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unused Commitments To Extend Credit	$ 97,159	$ 96,653

Commitments and Contingencies_2

Commitments and Contingencies - Schedule of Direct Exposure to Puerto Rico Government by Maturity (Details) - PR Government direct exposure - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	$ 428,576
Total concentration of risk	428,576
From PR Central Government
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	58
Total concentration of risk	58
From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	428,518
Total concentration of risk	428,518
Loans
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	390,893	$ 391,000
Loans | From PR Central Government
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	0
Loans | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	390,893
Securities Investment
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	37,683	$ 41,000
Securities Investment | From PR Central Government
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	58
Securities Investment | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	37,625
Within 1 year | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	82,027
Total concentration of risk	82,027
Within 1 year | Loans | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	78,107
Within 1 year | Securities Investment | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	3,920
After 1 and within 5 years | 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 | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	155,608
Total concentration of risk	155,608
After 1 and within 5 years | Loans | 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 | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	139,218
After 1 and within 5 years | Securities Investment | 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 | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	16,390
After 5 to 10 years | From PR Central Government
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	18
Total concentration of risk	18
After 5 to 10 years | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	99,627
Total concentration of risk	99,627
After 5 to 10 years | Loans | From PR Central Government
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	0
After 5 to 10 years | Loans | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	82,967
After 5 to 10 years | Securities Investment | From PR Central Government
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	18
After 5 to 10 years | Securities Investment | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	16,660
After 10 years | From PR Central Government
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	33
Total concentration of risk	33
After 10 years | 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 | From PR Central Government
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	0
After 10 years | Loans | From Municipalities
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	90,601
After 10 years | Securities Investment | From PR Central Government
Direct exposure to the puerto rico government by maturity
Outstanding concentration of risk	33
After 10 years | Securities Investment | 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, 2020	Jul. 01, 2019	Jun. 30, 2020	Jan. 02, 2020	Dec. 31, 2019
Commitments and Contingencies Disclosure
Exposure Municipal Loans And Securities			75.00%
Commitments To Extend Credit
Commitments and Contingencies Disclosure
Reserve of potential losses associated with unfunded loan commitments			$ 7,000		$ 9,000
Noncredit commitment
Commitments and Contingencies Disclosure
Investments			2,100		2,500
PR Government direct exposure
Commitments and Contingencies Disclosure
Outstanding concentration of risk			428,576
Total concentration of risk			428,576
Principal payments received	$ 58,000	$ 22,000
PR Government direct exposure | Loans
Commitments and Contingencies Disclosure
Outstanding concentration of risk			390,893		391,000
PR Government direct exposure | Securities Investment
Commitments and Contingencies Disclosure
Outstanding concentration of risk			37,683		41,000
PR Government direct exposure | From PR Government And Public Corporations | Securities Investment
Commitments and Contingencies Disclosure
Outstanding concentration of risk			38,000
PR Government direct exposure | PR government and its instrumentalities and municipalities [Member]
Commitments and Contingencies Disclosure
Outstanding concentration of risk			429,000		432,000
PR Government Indirect Exposure
Commitments and Contingencies Disclosure
Outstanding concentration of risk			336,000		350,000
Loans and Leases Receivable, Consumer, Mortgage with PRHA			270,000		276,000
PR Government Indirect Exposure | PR Housing Bonds backed by second mortgage loans
Commitments and Contingencies Disclosure
Outstanding concentration of risk			46,000		46,000
PR Government Indirect Exposure | Commercial real estate
Commitments and Contingencies Disclosure
Outstanding concentration of risk			20,000		21,000
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			$ 69,000

Commitments and contingencies_4

Commitments and contingencies - Legal Proceedings - Additional Information (Details) $ in Millions	1 Months Ended		6 Months Ended
	Feb. 11, 2020USD ($)	Jul. 30, 2019DefendantPlaintiff	Jun. 30, 2020USD ($)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
Betteroads Asphalt and Betterecycling Corporation
Legal Matters And Contingencies
Loss Contingency Damages Sought Value	$ 80
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			151
Loss Contingency Damages Sought Value			$ 154
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			$ 30.4

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	Jun. 30, 2020	Dec. 31, 2019
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net
Assets	$ 144,466	$ 144,930
Maximum exposure to loss	144,466	144,930
Servicing assets
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net
Assets	107,628	115,718
Mortgage servicing rights
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net
Assets	107,628	115,718
Other assets
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net
Assets	36,838	29,212
Servicing advances
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net
Assets	$ 36,838	$ 29,212

Non-consolidated variable int_3

Non-consolidated variable interest entities - Additional Information (Details) $ in Billions	6 Months Ended
	Jun. 30, 2020USD ($)NumberOfVIE	Dec. 31, 2019USD ($)
Variable Interest Entity
Number of VIEs | NumberOfVIE	3
FNMA, GNMA, FHLMC VIE
Variable Interest Entity
Principal Amount Outstanding on Loans Securitized or Asset-backed Financing Arrangement | $	$ 9.7	$ 9.9

Related party transactions - Co

Related party transactions - Corporation's equity in Evertec (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Related Party Transaction [Line Items]
Carrying value of equity method Investment	$ 229,950	$ 237,081
EVERTEC Inc.
Related Party Transaction [Line Items]
Carrying value of equity method Investment	$ 76,420	$ 73,534

Related party transactions - Fi

Related party transactions - Financial Condition accounts outstanding with EVERTEC (Details) - EVERTEC Inc. - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Related Party Transaction [Line Items]
Accounts receivables (Other assets)	$ 4,849	$ 7,779
Deposits	(161,950)	(63,850)
Accounts payable (Other liabilities)	(351)	(1,290)
Total	$ (157,452)	$ (57,361)

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		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Related Party Transaction [Line Items]
Share of income from investment	$ 2,511	$ 1,432	$ 6,113	$ 8,700
Share of other changes in stockholders equity	(119)	2,157	666	81
Share of changes in equity recognized in income	$ 2,392	$ 3,589	$ 6,779	$ 8,781

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		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Related Party Transaction [Line Items]
Related Party Transaction, Amounts of Transaction	$ (44,917)	$ (43,903)	$ (93,062)	$ (87,490)
Deposits
Related Party Transaction [Line Items]
Interest Expense Related Party	(90)	(15)	(157)	(32)
Other service fees
Related Party Transaction [Line Items]
Related Party Transaction Revenues From Transactions With Related Party	4,530	8,457	10,019	16,676
Net occupancy
Related Party Transaction [Line Items]
Related Party Transaction Revenues From Transactions With Related Party	1,768	1,796	3,536	3,593
Professional fees
Related Party Transaction [Line Items]
Expenses from Transactions with related party	(51,405)	(54,491)	(107,001)	(108,353)
Other operating expenses
Related Party Transaction [Line Items]
Related Party Transaction Revenues From Transactions With Related Party	$ 280	$ 350	$ 541	$ 626

Related party transactions - Re

Related party transactions - Related party transactions with affiliated company - Additional Information 1 (Details) - Related Party With Investment Companies - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Related Party Transaction
Line of credit facility maximum borrowing capacity	$ 275,000,000		$ 330,000,000
Administrative Fees	3,200,000	$ 3,100,000
Waived Fees	1,200,000	1,000,000
Net fees	$ 2,000,000	$ 2,100,000
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

Related party transactions - _2

Related party transactions - Related party transactions with affiliated company - Equity Method - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Related Party Transaction
Carrying value of equity method Investment	$ 229,950		$ 229,950		$ 237,081
EVERTEC Inc.
Related Party Transaction
Equity Method Investment Ownership Percentage	16.22%		16.22%
Carrying value of equity method Investment	$ 76,420		$ 76,420		73,534
Earnings from investments under the equity method	$ 2,392	$ 3,589	6,779	$ 8,781
Equity Method Investment Dividends			$ 1,200	1,200
Number of shares held	11,654,803		11,654,803
BHD LEON
Related Party Transaction
Equity Method Investment Ownership Percentage	15.84%		15.84%
Carrying value of equity method Investment	$ 142,200		$ 142,200		$ 151,600
Earnings from investments under the equity method			$ 14,900	$ 12,300

Fair value measurement - Assets

Fair value measurement - Assets and liabilities measured at fair value on a recurring basis (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019	Dec. 31, 2018
Assets
Debt Securities Available for Sale, at Fair Value	$ 20,763,453	$ 17,648,473
Trading account debt securities, excluding derivatives	33,560	40,321
Mortgage servicing rights	141,144	150,906	$ 153,021	$ 169,777
US Treasury Securities
Assets
Debt Securities Available for Sale, at Fair Value	14,008,230	12,056,255
Obligations of U.S. Government sponsored entities
Assets
Debt Securities Available for Sale, at Fair Value	61,229	122,404
Obligations of Puerto Rico, States and political subdivisions
Assets
Debt Securities Available for Sale, at Fair Value		6,975
Collateralized Mortgage Obligations - Federal agencies
Assets
Debt Securities Available for Sale, at Fair Value	514,229	586,175
Mortgage Backed Securities
Assets
Debt Securities Available for Sale, at Fair Value	6,179,482	4,876,314
Other
Assets
Debt Securities Available for Sale, at Fair Value	283	350
Recurring
Assets
Debt Securities Available for Sale, at Fair Value	20,763,453	17,648,473
Trading account debt securities, excluding derivatives	33,560	40,321
Equity securities at fair value	25,058	21,327
Mortgage servicing rights	141,144	150,906
Derivatives	15,365	17,966
Total	20,978,580	17,878,993
Liabilities
Derivatives	(12,612)	(16,619)
Total	(12,612)	(16,619)
Recurring | US Treasury Securities
Assets
Debt Securities Available for Sale, at Fair Value	14,008,230	12,056,255
Trading account debt securities, excluding derivatives	3,906	7,083
Recurring | Obligations of U.S. Government sponsored entities
Assets
Debt Securities Available for Sale, at Fair Value	61,229	122,404
Recurring | Obligations of Puerto Rico, States and political subdivisions
Assets
Debt Securities Available for Sale, at Fair Value		6,975
Trading account debt securities, excluding derivatives	111	633
Recurring | Collateralized Mortgage Obligations - Federal agencies
Assets
Debt Securities Available for Sale, at Fair Value	514,229	586,175
Recurring | Mortgage Backed Securities
Assets
Debt Securities Available for Sale, at Fair Value	6,179,482	4,876,314
Trading account debt securities, excluding derivatives	25,599	28,556
Recurring | Other
Assets
Debt Securities Available for Sale, at Fair Value	283	350
Trading account debt securities, excluding derivatives	3,426	3,443
Recurring | CMO
Assets
Trading account debt securities, excluding derivatives	518	606
Recurring | Level 1
Assets
Debt Securities Available for Sale, at Fair Value	5,998,853	3,841,715
Trading account debt securities, excluding derivatives	3,906	7,081
Equity securities at fair value	0	0
Mortgage servicing rights	0	0
Derivatives	0	0
Total	6,002,759	3,848,796
Liabilities
Derivatives	0	0
Total	0	0
Recurring | Level 1 | US Treasury Securities
Assets
Debt Securities Available for Sale, at Fair Value	5,998,853	3,841,715
Trading account debt securities, excluding derivatives	3,906	7,081
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
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	14,763,449	13,805,576
Trading account debt securities, excluding derivatives	28,789	32,270
Equity securities at fair value	25,058	21,327
Mortgage servicing rights	0	0
Derivatives	15,365	17,966
Total	14,832,661	13,877,139
Liabilities
Derivatives	(12,612)	(16,619)
Total	(12,612)	(16,619)
Recurring | Level 2 | US Treasury Securities
Assets
Debt Securities Available for Sale, at Fair Value	8,009,377	8,214,540
Trading account debt securities, excluding derivatives	0	2
Recurring | Level 2 | Obligations of U.S. Government sponsored entities
Assets
Debt Securities Available for Sale, at Fair Value	61,229	122,404
Recurring | Level 2 | Obligations of Puerto Rico, States and political subdivisions
Assets
Debt Securities Available for Sale, at Fair Value		6,975
Trading account debt securities, excluding derivatives	111	633
Recurring | Level 2 | Collateralized Mortgage Obligations - Federal agencies
Assets
Debt Securities Available for Sale, at Fair Value	514,229	586,175
Recurring | Level 2 | Mortgage Backed Securities
Assets
Debt Securities Available for Sale, at Fair Value	6,178,331	4,875,132
Trading account debt securities, excluding derivatives	25,599	28,556
Recurring | Level 2 | Other
Assets
Debt Securities Available for Sale, at Fair Value	283	350
Trading account debt securities, excluding derivatives	3,003	3,003
Recurring | Level 2 | CMO
Assets
Trading account debt securities, excluding derivatives	76	76
Recurring | Level 3
Assets
Debt Securities Available for Sale, at Fair Value	1,151	1,182
Trading account debt securities, excluding derivatives	865	970
Equity securities at fair value	0	0
Mortgage servicing rights	141,144	150,906
Derivatives	0	0
Total	143,160	153,058
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
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	1,151	1,182
Trading account debt securities, excluding derivatives	0	0
Recurring | Level 3 | Other
Assets
Debt Securities Available for Sale, at Fair Value	0	0
Trading account debt securities, excluding derivatives	423	440	468
Recurring | Level 3 | CMO
Assets
Trading account debt securities, excluding derivatives	$ 442	$ 530	$ 618

Fair value measurement - Asse_2

Fair value measurement - Assets measured at fair value on nonrecurring basis (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate	$ 113,940		$ 122,072
Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans	5,121	$ 41,793
Other real estate	17,581	15,065
Other foreclosed assets	1,021	1,220
Total	23,723	58,078
Loans - write-down	(872)	(10,605)
Other real estate owned - write down	(2,636)	(2,937)
Other foreclosed assets - write down	(152)	(135)
Total assets measured - write down	(3,660)	(13,677)
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
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
Total	0	0
Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans	5,121	41,793
Other real estate	17,581	15,065
Other foreclosed assets	1,021	1,220
Total	$ 23,723	$ 58,078

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		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Assets, Fair Value Disclosure [Abstract]
Beginning Balance	$ 149,383	$ 170,164	$ 153,058	$ 172,149
Gains (Losses) included in earnings	(7,646)	(17,196)	(12,886)	(21,028)
Gains (losses) included in OCI	(1)	0	(6)	2
Additions	1,473	2,469	3,109	4,344
Settlements	(49)	(69)	(115)	(99)
Ending Balance	143,160	155,368	143,160	155,368
Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss	(4,946)	(13,664)	(7,377)	(14,408)
Debt securities available-for-sale | Mortgage Backed Securities
Assets, Fair Value Disclosure [Abstract]
Beginning Balance	1,177	1,235	1,182	1,233
Gains (Losses) included in earnings	0	0	0	0
Gains (losses) included in OCI	(1)	0	(6)	2
Additions	0	0	0	0
Settlements	(25)	0	(25)	0
Ending Balance	1,151	1,235	1,151	1,235
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		43		43
Gains (Losses) included in earnings		(1)		(1)
Gains (losses) included in OCI		0		0
Additions		25		25
Settlements		(41)		(41)
Ending Balance		26		26
Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss		1		1
Trading account debt securities | CMO
Assets, Fair Value Disclosure [Abstract]
Beginning Balance	467	595	530	611
Gains (Losses) included in earnings	(1)	1	0	1
Gains (losses) included in OCI	0	0	0	0
Additions	0	50	2	64
Settlements	(24)	(28)	(90)	(58)
Ending Balance	442	618	442	618
Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss	(1)	1	1	1
Trading account debt securities | Other
Assets, Fair Value Disclosure [Abstract]
Beginning Balance	428	478	440	485
Gains (Losses) included in earnings	(5)	(10)	(17)	(17)
Gains (losses) included in OCI	0	0	0	0
Additions	0	0	0	0
Settlements	0	0	0	0
Ending Balance	423	468	423	468
Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss	2	5	8	8
Mortgage Servicing Rights
Assets, Fair Value Disclosure [Abstract]
Beginning Balance	147,311	167,813	150,906	169,777
Gains (Losses) included in earnings	(7,640)	(17,186)	(12,869)	(21,011)
Gains (losses) included in OCI	0	0	0	0
Additions	1,473	2,394	3,107	4,255
Settlements	0	0	0	0
Ending Balance	141,144	153,021	141,144	153,021
Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss	$ (4,947)	$ (13,671)	$ (7,386)	$ (14,418)

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		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation Abstract
Gains (Losses) included in earnings	$ (7,646)	$ (17,196)	$ (12,886)	$ (21,028)
Change in unrealized gain loss - Fair value assets	(4,946)	(13,664)	(7,377)	(14,408)
Mortgage banking activities
Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation Abstract
Gains (Losses) included in earnings	(7,640)	(17,186)	(12,869)	(21,011)
Change in unrealized gain loss - Fair value assets	(4,947)	(13,671)	(7,386)	(14,418)
Trading gains losses
Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation Abstract
Gains (Losses) included in earnings	(6)	(10)	(17)	(17)
Change in unrealized gain loss - Fair value assets	$ 1	$ 7	$ 9	$ 10

Fair value measurement - Quanti

Fair value measurement - Quantitative inputs level 3 (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Dec. 31, 2018
Assets
Trading Securities Debt	$ 33,560		$ 40,321
Mortgage servicing rights	141,144	$ 153,021	150,906	$ 169,777
Other real estate	113,940		122,072
Recurring
Assets
Trading Securities Debt	33,560		40,321
Mortgage servicing rights	141,144		150,906
Recurring | CMO
Assets
Trading Securities Debt	518		606
Recurring | Other
Assets
Trading Securities Debt	3,426		3,443
Recurring | Level 3
Assets
Trading Securities Debt	865		970
Mortgage servicing rights	141,144		150,906
Recurring | Level 3 | Mortgage Servicing Rights
Assets
Mortgage servicing rights	$ 141,144	$ 153,021
Recurring | Level 3 | Mortgage Servicing Rights | Discounted cash flow approach | Minimum
Unobservable inputs
Weighted average life	1 month 6 days	1 month 6 days
Prepayment speed	0.30%	0.20%
Discount rate	9.50%	9.50%
Recurring | Level 3 | Mortgage Servicing Rights | Discounted cash flow approach | Maximum
Unobservable inputs
Weighted average life	14 years 4 months 24 days	15 years 1 month 6 days
Prepayment speed	24.60%	23.30%
Discount rate	14.70%	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	7 years 4 months 24 days
Prepayment speed	6.70%	6.10%
Discount rate	11.20%	11.20%
Recurring | Level 3 | CMO
Assets
Trading Securities Debt	$ 442	$ 618	530
Recurring | Level 3 | CMO | Trading account debt securities | Discounted cash flow approach | Minimum
Unobservable inputs
Weighted average life	8 months 12 days	1 year 1 month 6 days
Yield	3.70%	3.90%
Prepayment speed	15.20%	15.20%
Recurring | Level 3 | CMO | Trading account debt securities | Discounted cash flow approach | Maximum
Unobservable inputs
Weighted average life	1 year 6 months	1 year 10 months 24 days
Yield	4.30%	4.40%
Prepayment speed	19.60%	20.90%
Recurring | Level 3 | CMO | Trading account debt securities | Discounted cash flow approach | Weighted Average
Unobservable inputs
Weighted average life	1 year 4 months 24 days	1 year 8 months 12 days
Yield	3.80%	4.00%
Prepayment speed	18.30%	18.50%
Recurring | Level 3 | Other
Assets
Trading Securities Debt	$ 423	$ 468	$ 440
Recurring | Level 3 | Other | Trading account debt securities | Discounted cash flow approach
Unobservable inputs
Weighted average life	3 years 9 months 18 days	5 years 2 months 12 days
Yield	12.00%	12.00%
Prepayment speed	10.80%	10.80%
Nonrecurring
Assets
Loans	$ 5,121	$ 41,793
Other real estate	17,581	15,065
Nonrecurring | Level 3
Assets
Loans	5,121	41,793
Other real estate	17,581	15,065
Nonrecurring | Level 3 | Loan
Assets
Loans	$ 5,121	$ 38,161
Nonrecurring | Level 3 | Loan | Valuation Technique External Appraisal | Minimum
Unobservable inputs
Haircut applied on external appraisal	10.00%	10.00%
Nonrecurring | Level 3 | Loan | Valuation Technique External Appraisal | Maximum
Unobservable inputs
Haircut applied on external appraisal	40.10%	35.00%
Nonrecurring | Level 3 | Loan | Valuation Technique External Appraisal | Weighted Average
Unobservable inputs
Haircut applied on external appraisal	24.60%	10.20%
Nonrecurring | Level 3 | Other real estate owned
Assets
Other real estate	$ 11,853	$ 12,596
Nonrecurring | Level 3 | Other real estate owned | Valuation Technique External Appraisal | Minimum
Unobservable inputs
Haircut applied on external appraisal	5.00%	10.00%
Nonrecurring | Level 3 | Other real estate owned | Valuation Technique External Appraisal | Maximum
Unobservable inputs
Haircut applied on external appraisal	30.00%	35.00%
Nonrecurring | Level 3 | Other real estate owned | Valuation Technique External Appraisal | Weighted Average
Unobservable inputs
Haircut applied on external appraisal	21.70%	24.00%

Fair value measurement - Additi

Fair value measurement - Additional Information (Details)	6 Months Ended
	Jun. 30, 2020
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 ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019	Dec. 31, 2018
Carrying amount
Financial Assets:
Cash and due from banks	$ 435,080	$ 388,311
Money market investments	9,625,278	3,262,286
Trading account debt securities, excluding derivatives	33,560	40,321
Debt Securities Available for Sale, at Fair Value	20,763,453	17,648,473
Debt securities held-to-maturity, net	82,694	97,662
Equity securities:
FHLB Stock	48,086	43,787
FRB stock	92,029	93,470
Other investments	26,361	22,630
Equity securities	166,476	159,887
Loans held-for-sale	68,725	59,203
Loans held in portfolio, net	28,152,119	26,929,165
Mortgage servicing rights	141,144	150,906
Derivatives	15,365	17,966
Deposits
Demand deposits	45,712,606	36,083,809
Time deposits	8,131,694	7,674,797
Total deposits	53,844,300	43,758,606
Assets sold under agreements to repurchase	153,065	193,378
Notes payable:
Advances with the FHLB	504,409	421,399
Unsecured senior debt securities	295,941	295,307
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust	384,915	384,902
FRB advances	1,009
Notes Payable	1,186,274	1,101,608
Derivatives	12,612	16,619
Carrying amount | Obligations of Puerto Rico, States and political subdivisions
Financial Assets:
Debt securities held-to-maturity, net	70,593	85,556
Carrying amount | Collateralized Mortgage Obligations - Federal agencies
Financial Assets:
Debt securities held-to-maturity, net	40	45
Carrying amount | Securities in wholly owned statutory business trusts
Financial Assets:
Debt securities held-to-maturity, net	11,561	11,561
Carrying amount | Other
Financial Assets:
Debt securities held-to-maturity, net	500	500
Cash and due from banks	435,080	388,311
Money market investments	9,625,278	3,262,286
Trading account debt securities, excluding derivatives	33,560	40,321
Debt Securities Available for Sale, at Fair Value	20,763,453	17,648,473
Debt securities held-to-maturity, net	82,694	97,662
Equity securities:
Equity securities	166,476	159,887
Loans held in portfolio, net	28,152,119	26,929,165
Mortgage servicing rights	141,144	150,906	$ 153,021	$ 169,777
Deposits
Time deposits	8,131,694	7,674,797
Total deposits	53,844,300	43,758,606
Assets sold under agreements to repurchase	153,065	193,378
Notes payable:
Notes Payable	1,186,274	1,101,608
Obligations of Puerto Rico, States and political subdivisions
Financial Assets:
Debt Securities Available for Sale, at Fair Value		6,975
Debt securities held-to-maturity, net	70,593
Collateralized Mortgage Obligations - Federal agencies
Financial Assets:
Debt Securities Available for Sale, at Fair Value	514,229	586,175
Debt securities held-to-maturity, net	40
Securities in wholly owned statutory business trusts
Financial Assets:
Debt securities held-to-maturity, net	11,561
Other
Financial Assets:
Debt Securities Available for Sale, at Fair Value	283	350
Debt securities held-to-maturity, net	500
Fair Value
Financial Assets:
Cash and due from banks	435,080	388,311
Money market investments	9,625,278	3,262,286
Trading account debt securities, excluding derivatives	33,560	40,321
Debt Securities Available for Sale, at Fair Value	20,763,453	17,648,473
Debt securities held-to-maturity, net	83,656	105,110
Equity securities:
FHLB Stock	48,086	43,787
FRB stock	92,029	93,470
Other investments	30,839	28,695
Equity securities	170,954	165,952
Loans held-for-sale	70,525	60,030
Loans held in portfolio, net	26,435,627	25,051,400
Mortgage servicing rights	141,144	150,906
Derivatives	15,365	17,966
Deposits
Demand deposits	45,712,606	36,083,809
Time deposits	8,125,875	7,598,732
Total deposits	53,838,481	43,682,541
Assets sold under agreements to repurchase	152,510	193,271
Notes payable:
Advances with the FHLB	525,562	429,718
Unsecured senior debt securities	290,946	323,415
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust	384,475	395,216
FRB advances	1,009
Notes Payable	1,201,992	1,148,349
Derivatives	12,612	16,619
Fair Value | Obligations of Puerto Rico, States and political subdivisions
Financial Assets:
Debt securities held-to-maturity, net	71,553	93,002
Fair Value | Collateralized Mortgage Obligations - Federal agencies
Financial Assets:
Debt securities held-to-maturity, net	42	47
Fair Value | Securities in wholly owned statutory business trusts
Financial Assets:
Debt securities held-to-maturity, net	11,561	11,561
Fair Value | Other
Financial Assets:
Debt securities held-to-maturity, net	500	500
Fair Value | Level 1
Financial Assets:
Cash and due from banks	435,080	388,311
Money market investments	9,619,232	3,256,274
Trading account debt securities, excluding derivatives	3,906	7,081
Debt Securities Available for Sale, at Fair Value	5,998,853	3,841,715
Debt securities held-to-maturity, net	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
Notes payable:
Advances with the FHLB	0	0
Unsecured senior debt securities	0	0
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust	0	0
FRB advances	0
Notes Payable	0	0
Derivatives	0	0
Fair Value | Level 1 | Obligations of Puerto Rico, States and political subdivisions
Financial Assets:
Debt securities held-to-maturity, net	0	0
Fair Value | Level 1 | Collateralized Mortgage Obligations - Federal agencies
Financial Assets:
Debt securities held-to-maturity, net	0	0
Fair Value | Level 1 | Securities in wholly owned statutory business trusts
Financial Assets:
Debt securities held-to-maturity, net	0	0
Fair Value | Level 1 | Other
Financial Assets:
Debt securities held-to-maturity, net	0	0
Fair Value | Level 2
Financial Assets:
Cash and due from banks	0	0
Money market investments	6,046	6,012
Trading account debt securities, excluding derivatives	28,789	32,270
Debt Securities Available for Sale, at Fair Value	14,763,449	13,805,576
Debt securities held-to-maturity, net	12,061	12,061
Equity securities:
FHLB Stock	48,086	43,787
FRB stock	92,029	93,470
Other investments	25,058	21,328
Equity securities	165,173	158,585
Loans held-for-sale	0	0
Loans held in portfolio, net	0	0
Mortgage servicing rights	0	0
Derivatives	15,365	17,966
Deposits
Demand deposits	45,712,606	36,083,809
Time deposits	8,125,875	7,598,732
Total deposits	53,838,481	43,682,541
Assets sold under agreements to repurchase	152,510	193,271
Notes payable:
Advances with the FHLB	525,562	429,718
Unsecured senior debt securities	290,946	323,415
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust	384,475	395,216
FRB advances	1,009
Notes Payable	1,201,992	1,148,349
Derivatives	12,612	16,619
Fair Value | Level 2 | Obligations of Puerto Rico, States and political subdivisions
Financial Assets:
Debt securities held-to-maturity, net	0	0
Fair Value | Level 2 | Collateralized Mortgage Obligations - Federal agencies
Financial Assets:
Debt securities held-to-maturity, net	0	0
Fair Value | Level 2 | Securities in wholly owned statutory business trusts
Financial Assets:
Debt securities held-to-maturity, net	11,561	11,561
Fair Value | Level 2 | Other
Financial Assets:
Debt securities held-to-maturity, net	500	500
Fair Value | Level 3
Financial Assets:
Cash and due from banks	0	0
Money market investments	0	0
Trading account debt securities, excluding derivatives	865	970
Debt Securities Available for Sale, at Fair Value	1,151	1,182
Debt securities held-to-maturity, net	71,595	93,049
Equity securities:
FHLB Stock	0	0
FRB stock	0	0
Other investments	5,781	7,367
Equity securities	5,781	7,367
Loans held-for-sale	70,525	60,030
Loans held in portfolio, net	26,435,627	25,051,400
Mortgage servicing rights	141,144	150,906
Derivatives	0	0
Deposits
Demand deposits	0	0
Time deposits	0	0
Total deposits	0	0
Assets sold under agreements to repurchase	0	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
FRB advances	0
Notes Payable	0	0
Derivatives	0	0
Fair Value | Level 3 | Obligations of Puerto Rico, States and political subdivisions
Financial Assets:
Debt securities held-to-maturity, net	71,553	93,002
Fair Value | Level 3 | Collateralized Mortgage Obligations - Federal agencies
Financial Assets:
Debt securities held-to-maturity, net	42	47
Fair Value | Level 3 | Securities in wholly owned statutory business trusts
Financial Assets:
Debt securities held-to-maturity, net	0	0
Fair Value | Level 3 | Other
Financial Assets:
Debt securities held-to-maturity, net	$ 0	$ 0

Fair Value of financial instr_4

Fair Value of financial instruments- Additional Information (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Letter Of Credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure Off balance Sheet Risks Face Amount Asset	$ 60	$ 78
Commitments To Extend Credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure Off balance Sheet Risks Face Amount Asset	$ 8,300	$ 8,400

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		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Earnings Per Share, Basic and Diluted [Abstract]
Net income	$ 127,628	$ 171,106	$ 161,930	$ 339,031
Preferred stock dividends	(353)	(931)	(1,053)	(1,862)
Net income applicable to common stock	$ 127,275	$ 170,175	$ 160,877	$ 337,169
Average common shares outstanding	85,135,522	96,305,118	87,962,040	97,437,141
Average potential dilutive common shares	26,139	152,330	77,672	154,848
Average common shares outstanding - assuming dilution	85,161,661	96,457,448	88,039,712	97,591,989
Net Income per Common Share - Basic	$ 1.49	$ 1.77	$ 1.83	$ 3.46
Net Income per Common Share - Diluted	$ 1.49	$ 1.76	$ 1.83	$ 3.45

Net income per common share - A

Net income per common share - Additional Information (Details) - Accelerate Share Repurchase - USD ($) $ in Millions	1 Months Ended		3 Months Ended
	May 27, 2020	Jan. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Mar. 31, 2019	Jun. 30, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Initial shares received as part of an accelerated share repurchase program		7,055,919	7,055,919		3,500,000
Accelerated share repurchases settlement receipt		$ 500	$ 500		$ 250	$ 500
Common Shares Repurchased Accelerated Share Repurchase Agreements			4,763,216	1,165,607
COVID-19
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common Shares Repurchased Accelerated Share Repurchase Agreements	4,763,216

Revenue from contracts with c_3

Revenue from contracts with customers - Revenue streams (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Service charges on deposit accounts
Revenue From Contract With Customer Excluding Assessed Tax	$ 30,163	$ 39,617	$ 71,822	$ 78,308
BPPR
Revenue From Contract With Customer Excluding Assessed Tax	71,159	94,083	158,594	175,851
BPPR | Service charges on deposit accounts
Revenue From Contract With Customer Excluding Assessed Tax	28,104	36,035	66,435	71,099
BPPR | Debit card fees
Revenue From Contract With Customer Excluding Assessed Tax	6,853	11,752	16,852	22,651
BPPR | Insurance fees, excluding reinsurance
Revenue From Contract With Customer Excluding Assessed Tax	8,183	13,420	15,871	20,865
BPPR | Credit card fees excluding late fees and membership fees
Revenue From Contract With Customer Excluding Assessed Tax	17,378	21,392	37,146	39,678
BPPR | Sale and administration of investment products
Revenue From Contract With Customer Excluding Assessed Tax	4,910	5,732	11,173	10,991
BPPR | Trust fees
Revenue From Contract With Customer Excluding Assessed Tax	5,731	5,752	11,117	10,567
Popular U.S.
Revenue From Contract With Customer Excluding Assessed Tax	2,980	4,918	7,525	9,802
Popular U.S. | Service charges on deposit accounts
Revenue From Contract With Customer Excluding Assessed Tax	2,059	3,582	5,387	7,209
Popular U.S. | Debit card fees
Revenue From Contract With Customer Excluding Assessed Tax	229	282	467	553
Popular U.S. | Insurance fees, excluding reinsurance
Revenue From Contract With Customer Excluding Assessed Tax	531	831	1,268	1,601
Popular U.S. | Credit card fees excluding late fees and membership fees
Revenue From Contract With Customer Excluding Assessed Tax	161	223	403	439
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		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Intersegment Transaction
Revenue From Contract With Customer Excluding Assessed Tax	$ 2.1	$ 1.9	$ 2.4	$ 2.1

Leases - Future minimum payment

Leases - Future minimum payments (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Operating lease liabilities under Topic 842
Operating leases - 2020	$ 15,955	$ 29,872
Operating leases - 2021	30,619	27,445
Operating leases - 2022	26,527	23,540
Operating leases - 2023	24,225	21,257
Operating leases - 2024	23,130	20,176
Operating leases - later years	73,346	70,842
Operating leases - Total	193,802	193,132
Less: Imputed interest	(25,851)	(27,993)
Operating lease liabilities	167,951	165,139
Finance lease liabilities under Topic 842
Finance leases - 2020	1,613	3,068
Finance leases - 2021	3,299	3,159
Finance leases - 2022	3,392	3,252
Finance leases - 2023	3,489	3,349
Finance leases - 2024	3,594	3,448
Finance leases - later years	8,938	8,220
Finance leases - Total	24,325	24,496
Less: imputed interest	(4,305)	(4,686)
Finance lease liabilities	$ 20,020	$ 19,810

Leases - Lease cost (Details)

Leases - Lease cost (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Lease Cost [Abstract]
Amortization of ROU assets	$ 467	$ 385	$ 987	$ 843
Interest on lease liabilities	288	284	601	605
Operating lease cost	7,914	7,768	15,828	15,923
Short-term lease cost	77	51	134	75
Variable lease cost	14	2	25	2
Sublease Income	(30)	(30)	(60)	(55)
Net gain recognized from sale and lease back transaction	(5,550)	0	(5,550)	0
Total lease cost	$ 3,180	$ 8,460	$ 11,965	$ 17,393

Leases - Supplemental cash flow

Leases - Supplemental cash flow information and other related information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Leases [Abstract]
Operating cash flows from operating leases	$ 15,769	$ 14,976
Operating cash flows from finance leases	601	611
Financing cash flows from finance leases	1,047	837
ROU assets obtained in exchange for new lease obligations - Operating leases	$ 11,457	$ 4,008
Weighted average remaining term - Operating leases	8 years 3 months 18 days	8 years 6 months
Weighted average remaining lease term - Finance leases	7 years	7 years 8 months 12 days
Weighted average discount rate - Operating leases	3.20%	3.70%
Weighted average discount rate - Finance leases	5.70%	6.00%

Leases - Supplemental cash fl_2

Leases - Supplemental cash flow information and other related information - Subnote (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Lease
Opearing lease liability	$ 167,951	$ 165,139
Operating ROU assets	152,767	$ 149,849
Caparra Center
Lease
Opearing lease liability	11,100
Operating ROU assets	$ 11,100

Leases - Additional Information

Leases - Additional Information (Details) $ in Millions	6 Months Ended
	Jun. 30, 2020USD ($)
Leases [Abstract]
Undiscounted contract amount operating leases not yet commenced	$ 5.8
Undiscounted contract amount finance leases not yet commenced	$ 5.3
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	33 years 6 months
Lessee remaining lease renewal term	20 years
Operating lease contract not yet commenced	20 years

Pension and postretirement be_3

Pension and postretirement benefits - Components of net periodic benefit cost (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Pension Plans
Personnel costs:
Service cost	$ 0	$ 0	$ 0	$ 0
Other operating expenses
Interest cost	5,847	7,110	11,694	14,219
Expected return on plan assets	(9,526)	(8,096)	(19,052)	(16,192)
Amortization of prior service cost (credit)	0	0	0	0
Amortization of net loss	5,220	5,876	10,440	11,752
Total net periodic pension cost	1,541	4,890	3,082	9,779
OPEB Plan
Personnel costs:
Service cost	178	190	356	380
Other operating expenses
Interest cost	1,228	1,489	2,456	2,977
Expected return on plan assets	0	0	0	0
Amortization of prior service cost (credit)	0	0	0	0
Amortization of net loss	142	0	284	0
Total net periodic pension cost	$ 1,548	$ 1,679	$ 3,096	$ 3,357

Pension and postretirement be_4

Pension and postretirement benefits - Employer contribution (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2020
Pension Plans
Defined Benefit Plan Disclosure
Employer contribution	$ 114
Expected future employer contribution current year		$ 229
OPEB Plan
Defined Benefit Plan Disclosure
Employer contribution	$ 2,585
Expected future employer contribution current year		$ 6,516

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	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Restricted Stock
Non-vested at beginning of period	345,365	382,186
Granted	278,060	218,169
Performance Shares Quantity Adjustment	(7)	15,061
Vested	(245,002)	(270,051)
Forfeited	(3,555)
Non-vested at end of period	374,861	345,365
Weighted-Average Grant Date Fair Value
Non-vested at beginning of period	$ 41.68	$ 36.41
Granted	43.20	55.55
Performance Shares Quantity Adjustment	48.79	55.72
Vested	43.10	44.73
Forfeited	43.72
Non-vested at end of period	$ 41.51	$ 41.68

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		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
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	0	0	1,052	1,052
Vested			0		(1,052)
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			0		49.25
Vested			0		49.25
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	42,003	25,460	42,301	25,460	27,449
Vested			(42,301)		(27,449)
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			35.44		57.64
Vested			35.44		57.64
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		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Executive Officers
Stock-based compensation
Total unrecognized compensation cost related to non-vested restricted stock awards and performance shares to members of management	$ 12,200,000		$ 12,200,000
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 4 months 24 days
Fair value of stocks vested at grant date			$ 9,500,000
Fair Market Value of stock vested at vesting date			10,900,000
Windfall Net Of Shortfall			$ 500,000
Restricted Stock Award | Executive Officers
Stock-based compensation
Stock granted	125,539	67,564	213,245	152,154
Restricted Stock Expense	$ 2,000,000	$ 2,000,000	$ 5,700,000	$ 5,800,000
Incentive award, tax benefit	$ 500,000	$ 500,000	$ 900,000	$ 900,000
Restricted Stock Award | Directors
Stock-based compensation
Stock granted	0	0	0	1,052	1,052
Restricted Stock Expense	$ 0	$ 0	$ 0	$ 52,000
Incentive award, tax benefit				$ 6,000
Restricted Stock Units (RSUs)
Stock-based compensation
Stock-Based Compensation, vesting rights			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 graduated vesting portion is vested ratably over four years commencing at the date of the grant and the retirement vesting portion 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 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) | TARP Interim Final Rule
Stock-based compensation
Stock-Based Compensation, vesting rights			The restricted stock granted under the Incentive Plan to employees becomes 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 graduated vesting portion is vested ratably over four years commencing at the date of the grant and the retirement vesting portion 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 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	42,003	25,460	42,301	25,460	27,449
Restricted Stock Expense	$ 1,500,000	$ 1,500,000	$ 1,500,000	$ 1,500,000
Incentive award, tax benefit	$ 300,000	$ 200,000	300,000	$ 200,000
Fair Market Value of stock vested at vesting date			$ 1,500,000
Performance Based Shares | Executive Officers
Stock-based compensation
Stock granted	0	0	64,815	65,396
Restricted Stock Expense	$ 300,000	$ 400,000	$ 2,800,000	$ 3,900,000
Incentive award, tax benefit	$ 24,000	$ 23,000	$ 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 and ROA) 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		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Amount
Income tax expense	$ 24,628	$ 40,330	$ 27,725	$ 90,553
PUERTO RICO
Amount
Computed income tax at statutory rates	57,096	79,289	71,121	161,094
Net benefit of net tax exempt interest income	(29,424)	(30,939)	(62,320)	(57,883)
Deferred tax asset valuation allowance	2,610	1,263	8,148	6,745
Difference in tax rates due to multiple jurisdictions	(4,210)	(2,756)	4,665	(5,618)
Effect of income subject to preferential tax rate	(2,727)	(2,287)	(4,627)	(5,215)
Adjustments in net deferred tax due to change in tax law	(2,153)	419	6,851	(2,711)
State and local taxes	2,614	1,731	2,059	3,355
Other	822	(6,390)	1,828	(9,214)
Income tax expense	$ 24,628	$ 40,330	$ 27,725	$ 90,553
% of pre-tax income
Computed income tax at statutory rates	38.00%	38.00%	38.00%	38.00%
Net benefit of net tax exempt interest income	(19.00%)	(15.00%)	(33.00%)	(14.00%)
Deferred tax asset valuation allowance	2.00%	1.00%	4.00%	2.00%
Difference in tax rates due to multiple jurisdictions	(3.00%)	(2.00%)	2.00%	(2.00%)
Effect of income subject to preferential tax rate	(2.00%)	(1.00%)	(2.00%)	(1.00%)
Adjustments in net deferred tax due to change in tax law	(2.00%)	0.00%	4.00%	(1.00%)
State and local taxes	2.00%	1.00%	1.00%	1.00%
Others	0.00%	(3.00%)	1.00%	(2.00%)
Income tax expense	16.00%	19.00%	15.00%	21.00%

Income taxes - Components of de

Income taxes - Components of deferred tax assets and liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Deferred tax assets:
Tax credits available for carryforward	$ 8,272	$ 7,637
Net operating loss and other carryforward available	830,136	829,599
Postretirement and pension benefits	79,712	82,623
Allowance for loan losses	477,698	416,456
Accelerated depreciation	8,361	8,353
FDIC-assisted transaction	83,016	82,684
Operating lease liabilities	45,511	46,081
Difference in outside basis from pass-through entities	57,001	21,670
Other temporary differences	42,187	34,014
Total gross deferred tax assets	1,648,356	1,530,481
Deferred tax liabilities:
Indefinite-lived intangibles	77,197	73,469
Unrealized net gain (loss) on trading and available-for-sale securities	87,975	16,067
Operating ROU assets	41,534	42,028
Other temporary differences	14,260	13,957
Total gross deferred tax liabilities	220,966	145,521
Valuation allowance	515,169	499,975
Net deferred tax asset	912,221	884,985
PUERTO RICO
Deferred tax assets:
Tax credits available for carryforward	3,003	2,368
Net operating loss and other carryforward available	119,928	112,803
Postretirement and pension benefits	79,712	82,623
Allowance for loan losses	438,379	405,475
Accelerated depreciation	3,439	3,439
FDIC-assisted transaction	83,016	82,684
Operating lease liabilities	23,679	22,694
Difference in outside basis from pass-through entities	57,001	21,670
Other temporary differences	34,366	26,554
Total gross deferred tax assets	861,198	764,433
Deferred tax liabilities:
Indefinite-lived intangibles	39,075	37,411
Unrealized net gain (loss) on trading and available-for-sale securities	79,510	15,635
Operating ROU assets	21,607	20,598
Other temporary differences	13,080	12,778
Total gross deferred tax liabilities	153,272	86,422
Valuation allowance	108,250	100,175
Net deferred tax asset	599,676	577,836
UNITED STATES
Deferred tax assets:
Tax credits available for carryforward	5,269	5,269
Net operating loss and other carryforward available	710,208	716,796
Postretirement and pension benefits	0	0
Allowance for loan losses	39,319	10,981
Accelerated depreciation	4,922	4,914
FDIC-assisted transaction	0	0
Operating lease liabilities	21,832	23,387
Difference in outside basis from pass-through entities	0	0
Other temporary differences	7,821	7,460
Total gross deferred tax assets	787,158	766,048
Deferred tax liabilities:
Indefinite-lived intangibles	38,122	36,058
Unrealized net gain (loss) on trading and available-for-sale securities	8,465	432
Operating ROU assets	19,927	21,430
Other temporary differences	1,180	1,179
Total gross deferred tax liabilities	67,694	59,099
Valuation allowance	406,919	399,800
Net deferred tax asset	312,545	307,149
Deferred loans origination fees
Deferred tax assets:
Deferred income	14,713	(240)
Deferred loans origination fees | PUERTO RICO
Deferred tax assets:
Deferred income	16,926	2,519
Deferred loans origination fees | UNITED STATES
Deferred tax assets:
Deferred income	(2,213)	(2,759)
Intercompany deferred gains
Deferred tax assets:
Deferred income	1,749	1,604
Intercompany deferred gains | PUERTO RICO
Deferred tax assets:
Deferred income	1,749	1,604
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
	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Mar. 31, 2019
Income Tax Disclosure
Beginning Balance	$ 16.3	$ 16.3	$ 7.5	$ 7.2
Addition for tax positions	0	0	0.2	0.3
Ending Balance	$ 16.3	$ 16.3	$ 7.7	$ 7.5

Income taxes - Additional Infor

Income taxes - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Income Taxes
Valuation allowance	$ 515,169,000		$ 515,169,000		$ 499,975,000
Net deferred tax assets (net of valuation allowance)	913,575,000		913,575,000		886,353,000
Unrecognized Tax Benefits Interest On Income Taxes Accrued	4,700,000		4,700,000		3,500,000
Income Tax Examination Penalties Accrued	0		0		0
Unrecognized Tax Benefits That Would Impact Effective Tax Rate	11,600,000		11,600,000		10,500,000
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit	2,200,000		2,200,000
Recognized Tax Benefits Current Interest On Income Taxes Accrued			1,300,000	$ 287,000
Income tax expense	24,628,000	$ 40,330,000	27,725,000	90,553,000
Other assets
Income Taxes
Net deferred tax assets (net of valuation allowance)	900,000,000		900,000,000		900,000,000
Other liabilities
Income Taxes
Net deferred tax liabilities	1,400,000		1,400,000		1,400,000
Popular, Inc Holding Co
Income Taxes
Valuation allowance	108,000,000		108,000,000
PUERTO RICO
Income Taxes
Valuation allowance	108,250,000		108,250,000		100,175,000
Net deferred tax assets (net of valuation allowance)	600,000,000		600,000,000
Income tax expense	24,628,000	$ 40,330,000	27,725,000	$ 90,553,000
UNITED STATES
Income Taxes
Valuation allowance	406,919,000		406,919,000		$ 399,800,000
Net deferred tax assets (net of valuation allowance)	312,000,000		312,000,000
Deferred Tax Assets	$ 719,000,000		$ 719,000,000

Supplemental disclosure on th_3

Supplemental disclosure on the consolidated statments of cash flows - Non-cash activities (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash Flow Noncash Investing And Financing Activities Disclosure Abstract
Loans transferred to other real estate	$ 16,394	$ 27,153
Loans transferred to other property	18,306	25,281
Total loans transferred to foreclosed assets	34,700	52,434
Loans transfered to other assets	3,613	12,466
Financed sales of other real estate assets	7,671	8,427
Financed sales of other foreclosed assets	14,845	12,016
Total financed sales of other foreclosed and real estate assets	22,516	20,443
Financed sale of premises and equipment	31,350	0
Transfers from loans held-in-portfolio to loans held-for-sale	28,557	0
Transfers from loans held-for-sale to loans held-in-portfolio	11,880	7,406
Loans securitized into investment securities	153,546	210,454
Trades receivables from brokers and counterparties	33,206	46,009
Trades payable to brokers and counterparties	470,849	256,993
Recognition of mortgage servicing rights on securitizations or asset transfers	3,107	4,255
Interest capitalized on loans subject to the temporary payment moratorium	8,496	0
Loans booked under the GNMA buy-back option	457,703	26,710
Capitalization of lease right of use asset	$ 17,138	$ 162,768

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	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019	Dec. 31, 2018
Supplemental Cash Flow Information
Cash and due from banks	$ 430,077		$ 366,583
Restricted cash and due from banks	5,002		25,120
Restricted cash in money market investments	6,046		7,979
Total cash and due from banks, and restricted cash shown in the statement of cash flow	$ 441,125	$ 394,323	$ 399,682	$ 403,251

Segment reporting - Results of

Segment reporting - Results of Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Segment Reporting Information
Net Interest income (expense)	$ 450,881	$ 476,316	$ 923,976	$ 947,279
Provision for credit losses	62,449	40,191	252,180	82,016
Non interest Income	112,055	138,326	238,698	274,756
Amortization of intangibles	1,796	2,371	4,269	4,683
Depreciation expense	14,415	14,429	28,901	28,724
Other operating expenses	332,020	346,215	687,669	677,028
Income tax expense (benefit)	24,628	40,330	27,725	90,553
Net income (loss) from continuing operations	127,628	171,106	161,930	339,031
Segment assets	62,845,352	50,617,221	62,845,352	50,617,221	$ 52,115,324
Reportable Segment
Segment Reporting Information
Net Interest income (expense)	460,872	486,125	943,190	966,314
Provision for credit losses	62,470	40,037	252,043	81,757
Non interest Income	102,080	128,740	219,314	255,233
Amortization of intangibles	1,771	2,346	4,220	4,634
Depreciation expense	14,179	14,244	28,419	28,351
Other operating expenses	334,274	349,032	689,708	678,203
Income tax expense (benefit)	25,372	40,848	28,522	91,439
Net income (loss) from continuing operations	124,886	168,358	159,592	337,163
Segment assets	62,526,601	50,307,503	62,526,601	50,307,503
Intersegment Elimination
Segment Reporting Information
Net Interest income (expense)	4	(61)	7	(57)
Provision for credit losses	0	0	0	0
Non interest Income	(136)	(140)	(276)	(281)
Amortization of intangibles	0	0	0	0
Depreciation expense	0	0	0	0
Other operating expenses	(135)	(137)	(272)	(273)
Income tax expense (benefit)	0	0	0	0
Net income (loss) from continuing operations	3	(64)	3	(65)
Segment assets	(35,439)	(114,605)	(35,439)	(114,605)
Corporate
Segment Reporting Information
Net Interest income (expense)	(9,991)	(9,809)	(19,214)	(19,035)
Provision for credit losses	(21)	154	137	259
Non interest Income	11,954	11,339	21,415	21,400
Amortization of intangibles	25	25	49	49
Depreciation expense	236	185	482	373
Other operating expenses	(1,345)	(1,944)	(308)	414
Income tax expense (benefit)	(330)	(180)	(652)	(766)
Net income (loss) from continuing operations	3,398	3,290	2,493	2,036
Segment assets	5,219,408	5,062,632	5,219,408	5,062,632
Eliminations
Segment Reporting Information
Net Interest income (expense)	0	0	0	0
Provision for credit losses	0	0	0	0
Non interest Income	(1,979)	(1,753)	(2,031)	(1,877)
Amortization of intangibles	0	0	0	0
Depreciation expense	0	0	0	0
Other operating expenses	(909)	(873)	(1,731)	(1,589)
Income tax expense (benefit)	(414)	(338)	(145)	(120)
Net income (loss) from continuing operations	(656)	(542)	(155)	(168)
Segment assets	(4,900,657)	(4,752,914)	(4,900,657)	(4,752,914)
Banco Popular de Puerto Rico | Reportable Segment
Segment Reporting Information
Net Interest income (expense)	387,164	411,549	796,790	818,906
Provision for credit losses	59,789	28,821	173,371	60,170
Non interest Income	95,803	123,388	207,945	244,158
Amortization of intangibles	1,605	2,180	3,887	4,302
Depreciation expense	12,074	12,243	24,361	24,182
Other operating expenses	283,533	297,428	583,910	578,126
Income tax expense (benefit)	18,105	36,751	33,206	82,127
Net income (loss) from continuing operations	107,861	157,514	186,000	314,157
Segment assets	51,967,412	40,698,293	51,967,412	40,698,293
Banco Popular de Puerto Rico | Reportable Segment | Commercial Banking
Segment Reporting Information
Net Interest income (expense)	159,725	152,943	321,259	304,403
Provision for credit losses	8,870	2,855	19,183	863
Non interest Income	25,255	25,696	49,967	49,285
Amortization of intangibles	50	48	98	97
Depreciation expense	5,077	4,897	10,227	9,551
Other operating expenses	73,451	74,021	148,326	146,950
Income tax expense (benefit)	24,324	27,819	49,940	59,013
Net income (loss) from continuing operations	73,208	68,999	143,452	137,214
Segment assets	44,866,934	32,240,745	44,866,934	32,240,745
Banco Popular de Puerto Rico | Reportable Segment | Consumer and Retail Banking
Segment Reporting Information
Net Interest income (expense)	223,634	257,301	466,690	511,969
Provision for credit losses	50,919	25,966	154,188	59,307
Non interest Income	47,266	68,806	111,250	144,210
Amortization of intangibles	902	1,074	2,212	2,146
Depreciation expense	6,836	7,191	13,814	14,318
Other operating expenses	189,631	207,925	391,673	400,595
Income tax expense (benefit)	(8,235)	5,486	(21,187)	17,229
Net income (loss) from continuing operations	30,847	78,465	37,240	162,584
Segment assets	27,443,801	23,582,849	27,443,801	23,582,849
Banco Popular de Puerto Rico | Reportable Segment | Other Financial Services
Segment Reporting Information
Net Interest income (expense)	3,805	1,327	8,841	2,645
Provision for credit losses	0	0	0	0
Non interest Income	23,525	29,654	47,265	52,188
Amortization of intangibles	653	1,058	1,577	2,059
Depreciation expense	161	155	320	313
Other operating expenses	20,705	16,263	44,474	32,090
Income tax expense (benefit)	2,016	3,446	4,453	5,885
Net income (loss) from continuing operations	3,795	10,059	5,282	14,486
Segment assets	2,524,764	381,020	2,524,764	381,020
Banco Popular de Puerto Rico | Reportable Segment | Eliminations
Segment Reporting Information
Net Interest income (expense)	0	(22)	0	(111)
Provision for credit losses	0	0	0	0
Non interest Income	(243)	(768)	(537)	(1,525)
Amortization of intangibles	0	0	0	0
Depreciation expense	0	0	0	0
Other operating expenses	(254)	(781)	(563)	(1,509)
Income tax expense (benefit)	0	0	0	0
Net income (loss) from continuing operations	11	(9)	26	(127)
Segment assets	(22,868,087)	(15,506,321)	(22,868,087)	(15,506,321)
PB | Reportable Segment
Segment Reporting Information
Net Interest income (expense)	73,704	74,637	146,393	147,465
Provision for credit losses	2,681	11,216	78,672	21,587
Non interest Income	6,413	5,492	11,645	11,356
Amortization of intangibles	166	166	333	332
Depreciation expense	2,105	2,001	4,058	4,169
Other operating expenses	50,876	51,741	106,070	100,350
Income tax expense (benefit)	7,267	4,097	(4,684)	9,312
Net income (loss) from continuing operations	17,022	10,908	(26,411)	23,071
Segment assets	$ 10,594,628	$ 9,723,815	$ 10,594,628	$ 9,723,815

Segment reporting - Geographic

Segment reporting - Geographic information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Segment Reporting Information
Net Revenue	$ 562,936	$ 614,642	$ 1,162,674	$ 1,222,035
PUERTO RICO
Segment Reporting Information
Net Revenue	451,744	501,640	941,380	1,001,778
UNITED STATES
Segment Reporting Information
Net Revenue	92,422	93,964	184,101	183,820
Other
Segment Reporting Information
Net Revenue	$ 18,770	$ 19,038	$ 37,193	$ 36,437

Segment reporting - Selected Ba

Segment reporting - Selected Balance Sheet information (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019
Segment Reporting Information
Total assets	$ 62,845,352	$ 52,115,324	$ 50,617,221
Deposits	53,844,300	43,758,606
Puerto Rico
Segment Reporting Information
Total assets	50,760,153	40,544,255
Loans	20,262,910	18,989,286
Deposits	44,095,385	34,664,243
Popular U.S.
Segment Reporting Information
Total assets	11,202,062	10,693,536
Loans	8,205,839	7,819,187
Deposits	8,168,697	7,664,792
Other
Segment Reporting Information
Total assets	883,137	877,533
Loans	670,529	657,603
Deposits	$ 1,580,218	$ 1,429,571

Segment Reporting - Additional

Segment Reporting - Additional Information (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)units	Jun. 30, 2019USD ($)	Dec. 31, 2019USD ($)
Segment Reporting Information
Number Of Operating Segments | units			2
Factors Used To Identify Entitys 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.
Net Revenue	$ 562,936	$ 614,642	$ 1,162,674	$ 1,222,035
Assets	62,845,352	50,617,221	62,845,352	50,617,221	$ 52,115,324
Deposits	53,844,300		53,844,300		43,758,606
UNITED STATES
Segment Reporting Information
Net Revenue	92,422	93,964	184,101	183,820
Assets	11,202,062		11,202,062		10,693,536
Deposits	8,168,697		8,168,697		7,664,792
Other
Segment Reporting Information
Net Revenue	18,770	19,038	37,193	36,437
Assets	883,137		883,137		877,533
Deposits	1,580,218		1,580,218		$ 1,429,571
Banco Popular de Puerto Rico | UNITED STATES
Segment Reporting Information
Net Revenue	28,700	26,000
Assets	608,000	588,000	608,000	588,000
Deposits	35,000	59,000	$ 35,000	$ 59,000
Banco Popular de Puerto Rico | Other
Segment Reporting Information
Net Revenue	$ 22,300	$ 24,100

Condensed Consolidating Stateme

Condensed Consolidating Statement of Condition (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Assets:
Cash and due from banks	$ 435,080		$ 388,311
Money market investments	9,625,278		3,262,286
Trading account debt securities, at fair value	33,560		40,321
Debt Securities Available for Sale, at Fair Value	20,763,453		17,648,473
Debt securities held-to-maturity	95,429		97,662
Less - Allowance for credit losses	12,735		0
Debt securities held-to-maturity, net	82,694		97,662
Equity securities	166,476		159,887
Investment in subsidiaries	0		0
Loans held-for-sale, at lower of cost or fair value	68,725		59,203
Loans held-in-portfolio:
Loans held-in-portfolio	29,250,076		27,587,856
Less - Unearned income	179,523		180,983
Allowance for credit losses	918,434	$ 919,716	477,708	$ 543,666	$ 550,628	$ 569,348
Total loans held-in-portfolio, net	28,152,119		26,929,165
Premises and equipment, net	513,680		556,650
Other real estate	113,940		122,072
Accrued income receivable	220,126		180,871
Mortgage servicing assets, at fair value	141,144		150,906	153,021		169,777
Other assets	1,833,444		1,819,615
Goodwill	671,122		671,122
Other intangible assets	24,511		28,780
Total assets	62,845,352		52,115,324	50,617,221
Deposits:
Non-interest bearing	12,520,510		9,160,173
Interest bearing	41,323,790		34,598,433
Total deposits	53,844,300		43,758,606
Assets sold under agreements to repurchase	153,065		193,378
Notes payable	1,186,274		1,101,608
Other liabilities	1,881,548		1,044,953
Total liabilities	57,065,187		46,098,545
Stockholders' equity:
Preferred stock	22,143		50,160
Common stock	1,044		1,044
Surplus	4,520,333		4,447,412
Retained Earnings (Accumulated Deficit)	2,033,782		2,147,915
Treasury stock, at cost	(1,016,486)		(459,814)
Accumulated other comprehensive (loss) income, net of tax	219,349		(169,938)	(191,213)
Total stockholders' equity	5,780,165	$ 5,669,605	6,016,779	$ 5,719,834	$ 5,440,060	$ 5,435,057
Total liabilities and stockholders' equity	62,845,352		52,115,324
Elimination
Assets:
Cash and due from banks	(67,604)		(56,008)
Money market investments	(190,079)		(237,029)
Trading account debt securities, at fair value	0		0
Debt Securities Available for Sale, at Fair Value	0		0
Debt securities held-to-maturity	0		0
Less - Allowance for credit losses	0
Debt securities held-to-maturity, net	0
Equity securities	(128)		(199)
Investment in subsidiaries	(7,792,355)		(8,049,648)
Loans held-for-sale, at lower of cost or fair value	0		0
Loans held-in-portfolio:
Loans held-in-portfolio	5,955		5,955
Less - Unearned income	0		0
Allowance for credit losses	0		0
Total loans held-in-portfolio, net	5,955		5,955
Premises and equipment, net	0		0
Other real estate	0		0
Accrued income receivable	(29)		(249)
Mortgage servicing assets, at fair value	0		0
Other assets	(31,400)		(18,383)
Goodwill	(1)		(1)
Other intangible assets	0		0
Total assets	(8,075,641)		(8,355,562)
Deposits:
Non-interest bearing	(67,604)		(56,008)
Interest bearing	(190,079)		(237,029)
Total deposits	(257,683)		(293,037)
Assets sold under agreements to repurchase	0		0
Notes payable	0		0
Other liabilities	(31,277)		(18,708)
Total liabilities	(288,960)		(311,745)
Stockholders' equity:
Preferred stock	0		0
Common stock	(56,309)		(56,309)
Surplus	(10,017,200)		(10,011,852)
Retained Earnings (Accumulated Deficit)	2,550,545		1,861,504
Treasury stock, at cost	(111)		(110)
Accumulated other comprehensive (loss) income, net of tax	(263,606)		162,950
Total stockholders' equity	(7,786,681)		(8,043,817)
Total liabilities and stockholders' equity	(8,075,641)		(8,355,562)
Popular, Inc. Holding Co.
Assets:
Cash and due from banks	67,604		55,956
Money market investments	177,618		221,598
Trading account debt securities, at fair value	0		0
Debt Securities Available for Sale, at Fair Value	0		0
Debt securities held-to-maturity	8,726		8,726
Less - Allowance for credit losses	0
Debt securities held-to-maturity, net	8,726
Equity securities	12,913		10,744
Investment in subsidiaries	6,024,065		6,243,065
Loans held-for-sale, at lower of cost or fair value	0		0
Loans held-in-portfolio:
Loans held-in-portfolio	31,753		32,027
Less - Unearned income	0		0
Allowance for credit losses	353		410
Total loans held-in-portfolio, net	31,400		31,617
Premises and equipment, net	5,073		3,893
Other real estate	146		146
Accrued income receivable	170		382
Mortgage servicing assets, at fair value	0		0
Other assets	110,536		93,835
Goodwill	0		0
Other intangible assets	6,414		6,463
Total assets	6,444,665		6,676,425
Deposits:
Non-interest bearing	0		0
Interest bearing	0		0
Total deposits	0		0
Assets sold under agreements to repurchase	0		0
Notes payable	586,752		586,119
Other liabilities	77,816		73,596
Total liabilities	664,568		659,715
Stockholders' equity:
Preferred stock	22,143		50,160
Common stock	1,044		1,044
Surplus	4,511,627		4,438,706
Retained Earnings (Accumulated Deficit)	2,042,309		2,156,442
Treasury stock, at cost	(1,016,375)		(459,704)
Accumulated other comprehensive (loss) income, net of tax	219,349		(169,938)
Total stockholders' equity	5,780,097		6,016,710
Total liabilities and stockholders' equity	6,444,665		6,676,425
PNA Holding Co.
Assets:
Cash and due from banks	0		0
Money market investments	13,079		16,029
Trading account debt securities, at fair value	0		0
Debt Securities Available for Sale, at Fair Value	0		0
Debt securities held-to-maturity	2,835		2,835
Less - Allowance for credit losses	0
Debt securities held-to-maturity, net	2,835
Equity securities	20		20
Investment in subsidiaries	1,768,290		1,806,583
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 credit 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	76		108
Mortgage servicing assets, at fair value	0		0
Other assets	21,919		21,324
Goodwill	0		0
Other intangible assets	0		0
Total assets	1,806,219		1,846,899
Deposits:
Non-interest bearing	0		0
Interest bearing	0		0
Total deposits	0		0
Assets sold under agreements to repurchase	0		0
Notes payable	94,104		94,090
Other liabilities	3,203		3,200
Total liabilities	97,307		97,290
Stockholders' equity:
Preferred stock	0		0
Common stock	2		2
Surplus	4,173,087		4,173,169
Retained Earnings (Accumulated Deficit)	(2,500,586)		(2,425,429)
Treasury stock, at cost	0		0
Accumulated other comprehensive (loss) income, net of tax	36,409		1,867
Total stockholders' equity	1,708,912		1,749,609
Total liabilities and stockholders' equity	1,806,219		1,846,899
All other subsidiaries and eliminations
Assets:
Cash and due from banks	435,080		388,363
Money market investments	9,624,660		3,261,688
Trading account debt securities, at fair value	33,560		40,321
Debt Securities Available for Sale, at Fair Value	20,763,453		17,648,473
Debt securities held-to-maturity	83,868		86,101
Less - Allowance for credit losses	12,735
Debt securities held-to-maturity, net	71,133
Equity securities	153,671		149,322
Investment in subsidiaries	0		0
Loans held-for-sale, at lower of cost or fair value	68,725		59,203
Loans held-in-portfolio:
Loans held-in-portfolio	29,212,368		27,549,874
Less - Unearned income	179,523		180,983
Allowance for credit losses	918,081		477,298
Total loans held-in-portfolio, net	28,114,764		26,891,593
Premises and equipment, net	508,607		552,757
Other real estate	113,794		121,926
Accrued income receivable	219,909		180,630
Mortgage servicing assets, at fair value	141,144		150,906
Other assets	1,732,389		1,722,839
Goodwill	671,123		671,123
Other intangible assets	18,097		22,317
Total assets	62,670,109		51,947,562
Deposits:
Non-interest bearing	12,588,114		9,216,181
Interest bearing	41,513,869		34,835,462
Total deposits	54,101,983		44,051,643
Assets sold under agreements to repurchase	153,065		193,378
Notes payable	505,418		421,399
Other liabilities	1,831,806		986,865
Total liabilities	56,592,272		45,653,285
Stockholders' equity:
Preferred stock	0		0
Common stock	56,307		56,307
Surplus	5,852,819		5,847,389
Retained Earnings (Accumulated Deficit)	(58,486)		555,398
Treasury stock, at cost	0		0
Accumulated other comprehensive (loss) income, net of tax	227,197		(164,817)
Total stockholders' equity	6,077,837		6,294,277
Total liabilities and stockholders' equity	$ 62,670,109		$ 51,947,562

Condensed Consolidating State_2

Condensed Consolidating Statement of Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
INTEREST AND DIVIDEND INCOME:
Dividend income from subsidiaries	$ 0	$ 0	$ 0	$ 0
Loans	429,670	454,204	880,116	901,917
Money market investments	2,015	22,534	14,015	51,754
Investment securities	76,884	94,241	164,796	175,277
Total interest and dividend income	508,569	570,979	1,058,927	1,128,948
INTEREST EXPENSE:
Deposits	42,780	78,449	104,881	149,275
Short-term borrowings	645	1,656	1,693	3,256
Long-term debt	14,263	14,558	28,377	29,138
Total interest expense	57,688	94,663	134,951	181,669
Net interest income	450,881	476,316	923,976	947,279
Provision for credit losses - loan portfolios	63,104	40,191	252,099	82,016
Provision (reversal) for credit losses - Investment securities	(655)	0	81	0
Net interest income after provision for credit losses	388,432	436,125	671,796	865,263
Mortgage banking activities	3,777	(1,773)	10,197	8,153
Net gain (loss), including impairment on equity securities	2,447	528	(281)	1,961
Net profit on trading account debt securities	82	422	573	682
Net gain on sale of loans, including valuation adjustments on loans held-for-sale	2,222	0	3,179	0
Adjustments To Indemnity Reserves On Loans Sold	(1,160)	1,840	(5,953)	1,747
Other operating income	22,440	23,661	42,304	45,567
Total non-interest income	112,055	138,326	238,698	274,756
Operating expenses:
Personnel costs	139,166	141,499	285,997	284,616
Net occupancy expenses	25,487	23,299	50,645	46,836
Equipment expenses	20,844	21,323	42,449	41,028
Other taxes	13,323	12,577	27,004	24,239
Professional fees	92,547	95,248	193,618	182,714
Communications	5,574	5,955	11,528	11,804
Business promotion	12,281	19,119	26,478	33,793
FDIC deposit insurance	5,340	5,278	10,420	10,084
Loss on early extinguishment of debt				0
Other real estate owned (OREO) (income) expenses	(344)	1,237	2,135	3,914
Other operating expenses	32,217	35,109	66,296	66,724
Amortization of intangibles	1,796	2,371	4,269	4,683
Total opearating expense	348,231	363,015	720,839	710,435
Income (loss) before income taxes and equity in undistributed earnings of subsidiaries	152,256	211,436	189,655	429,584
Income tax expense	24,628	40,330	27,725	90,553
Income (loss) before equity in undistributed earnings of subdidiaries	127,628	171,106	161,930	339,031
Equity in undistributed earnings (losses) of subsidiaries	0	0	0	0
Net income	127,628	171,106	161,930	339,031
Comprehensive income (loss), net of tax	136,354	303,872	551,217	575,792
Service charges on deposit accounts
INTEREST EXPENSE:
Revenue from contract with customer	30,163	39,617	71,822	78,308
Other services
INTEREST EXPENSE:
Revenue from contract with customer	52,084	74,031	116,857	138,338
Elimination
INTEREST AND DIVIDEND INCOME:
Dividend income from subsidiaries	(2,000)	(52,000)	(582,000)	(254,300)
Loans	0	0	0	0
Money market investments	(426)	(672)	(1,623)	(1,845)
Investment securities	0	0	0	0
Total interest and dividend income	(2,426)	(52,672)	(583,623)	(256,145)
INTEREST EXPENSE:
Deposits	(426)	(672)	(1,623)	(1,845)
Short-term borrowings	0	0	0	0
Long-term debt	0	0	0	0
Total interest expense	(426)	(672)	(1,623)	(1,845)
Net interest income	(2,000)	(52,000)	(582,000)	(254,300)
Provision for credit losses - loan portfolios	0	0	0	0
Provision (reversal) for credit losses - Investment securities	0		0
Net interest income after provision for credit losses	(2,000)	(52,000)	(582,000)	(254,300)
Mortgage banking activities	0	0	0	0
Net gain (loss), including impairment on equity securities	(8)	(9)	73	(22)
Net profit on trading account debt securities	0	0	0	0
Net gain on sale of loans, including valuation adjustments on loans held-for-sale	0		0
Adjustments To Indemnity Reserves On Loans Sold	0	0	0	0
Other operating income	(4)	(9)	(10)	(20)
Total non-interest income	(1,980)	(1,754)	(2,031)	(1,878)
Operating expenses:
Personnel costs	0	0	0	0
Net occupancy expenses	0	2	0	(43)
Equipment expenses	0	0	0	0
Other taxes	0	0	0	0
Professional fees	(185)	(229)	(311)	(329)
Communications	0	0	0	0
Business promotion	0	0	0	0
FDIC deposit insurance	0	0	0	0
Other real estate owned (OREO) (income) expenses	0	0	0	0
Other operating expenses	(724)	(647)	(1,421)	(1,218)
Amortization of intangibles	0	0	0	0
Total opearating expense	(909)	(874)	(1,732)	(1,590)
Income (loss) before income taxes and equity in undistributed earnings of subsidiaries	(3,071)	(52,880)	(582,299)	(254,588)
Income tax expense	(414)	(339)	(145)	(121)
Income (loss) before equity in undistributed earnings of subdidiaries	(2,657)	(52,541)	(582,154)	(254,467)
Equity in undistributed earnings (losses) of subsidiaries	(145,882)	(132,644)	436,864	(114,909)
Net income	(148,539)	(185,185)	(145,290)	(369,376)
Comprehensive income (loss), net of tax	(161,961)	(340,412)	(571,846)	(647,284)
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	(1,968)	(1,736)	(2,094)	(1,836)
Popular, Inc. Holding Co.
INTEREST AND DIVIDEND INCOME:
Dividend income from subsidiaries	2,000	52,000	582,000	254,300
Loans	558	497	1,120	1,085
Money market investments	405	618	1,556	1,740
Investment securities	161	159	319	313
Total interest and dividend income	3,124	53,274	584,995	257,438
INTEREST EXPENSE:
Deposits	0	0	0	0
Short-term borrowings	0	0	0	0
Long-term debt	9,632	9,632	19,264	19,264
Total interest expense	9,632	9,632	19,264	19,264
Net interest income	(6,508)	43,642	565,731	238,174
Provision for credit losses - loan portfolios	21	153	137	259
Provision (reversal) for credit losses - Investment securities	0		0
Net interest income after provision for credit losses	(6,487)	43,489	565,594	237,915
Mortgage banking activities	0	0	0	0
Net gain (loss), including impairment on equity securities	1,531	283	(12)	870
Net profit on trading account debt securities	0	0	0	0
Net gain on sale of loans, including valuation adjustments on loans held-for-sale	0		0
Adjustments To Indemnity Reserves On Loans Sold	0	0	0	0
Other operating income	2,392	3,636	6,561	8,805
Total non-interest income	3,923	3,920	6,549	9,677
Operating expenses:
Personnel costs	15,904	14,376	34,177	32,703
Net occupancy expenses	883	1,178	1,936	2,225
Equipment expenses	760	1,027	1,633	1,699
Other taxes	62	62	124	124
Professional fees	13,920	4,721	20,386	7,410
Communications	164	219	291	333
Business promotion	1,121	899	1,937	1,681
FDIC deposit insurance	0	0	0	0
Other real estate owned (OREO) (income) expenses	0	0	0	0
Other operating expenses	(34,143)	(24,453)	(60,726)	(45,792)
Amortization of intangibles	25	25	49	49
Total opearating expense	(1,304)	(1,946)	(193)	432
Income (loss) before income taxes and equity in undistributed earnings of subsidiaries	(1,260)	49,355	572,336	247,160
Income tax expense	0	0	0	0
Income (loss) before equity in undistributed earnings of subdidiaries	(1,260)	49,355	572,336	247,160
Equity in undistributed earnings (losses) of subsidiaries	128,888	121,751	(410,406)	91,871
Net income	127,628	171,106	161,930	339,031
Comprehensive income (loss), net of tax	136,354	303,872	551,217	575,792
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	1	0	2
PNA Holding Co.
INTEREST AND DIVIDEND INCOME:
Dividend income from subsidiaries	0	0	0	0
Loans	0	0	0	0
Money market investments	23	55	68	106
Investment securities	46	47	93	93
Total interest and dividend income	69	102	161	199
INTEREST EXPENSE:
Deposits	0	0	0	0
Short-term borrowings	0	0	0	0
Long-term debt	1,558	1,558	3,115	3,115
Total interest expense	1,558	1,558	3,115	3,115
Net interest income	(1,489)	(1,456)	(2,954)	(2,916)
Provision for credit losses - loan portfolios	0	0	0	0
Provision (reversal) for credit losses - Investment securities	0		0
Net interest income after provision for credit losses	(1,489)	(1,456)	(2,954)	(2,916)
Mortgage banking activities	0	0	0	0
Net gain (loss), including impairment on equity securities	0	0	0	0
Net profit on trading account debt securities	0	0	0	0
Net gain on sale of loans, including valuation adjustments on loans held-for-sale	0		0
Adjustments To Indemnity Reserves On Loans Sold	0	0	0	0
Other operating income	0	633	0	(634)
Total non-interest income	0	633	0	(634)
Operating expenses:
Personnel costs	0	0	0	0
Net occupancy expenses	0	0	0	0
Equipment expenses	1	1	2	2
Other taxes	0	1	1	1
Professional fees	30	28	60	55
Communications	0	0	0	0
Business promotion	0	0	0	0
FDIC deposit insurance	0	0	0	0
Other real estate owned (OREO) (income) expenses	0	0	0	0
Other operating expenses	13	16	26	29
Amortization of intangibles	0	0	0	0
Total opearating expense	44	46	89	87
Income (loss) before income taxes and equity in undistributed earnings of subsidiaries	(1,533)	(869)	(3,043)	(3,637)
Income tax expense	(322)	(183)	(639)	(764)
Income (loss) before equity in undistributed earnings of subdidiaries	(1,211)	(686)	(2,404)	(2,873)
Equity in undistributed earnings (losses) of subsidiaries	16,994	10,893	(26,458)	23,038
Net income	15,783	10,207	(28,862)	20,165
Comprehensive income (loss), net of tax	20,768	31,499	5,680	59,517
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
All other subsidiaries and eliminations
INTEREST AND DIVIDEND INCOME:
Dividend income from subsidiaries	0	0	0	0
Loans	429,112	453,707	878,996	900,832
Money market investments	2,013	22,533	14,014	51,753
Investment securities	76,677	94,035	164,384	174,871
Total interest and dividend income	507,802	570,275	1,057,394	1,127,456
INTEREST EXPENSE:
Deposits	43,206	79,121	106,504	151,120
Short-term borrowings	645	1,656	1,693	3,256
Long-term debt	3,073	3,368	5,998	6,759
Total interest expense	46,924	84,145	114,195	161,135
Net interest income	460,878	486,130	943,199	966,321
Provision for credit losses - loan portfolios	(63,125)	40,038	251,962	81,757
Provision (reversal) for credit losses - Investment securities	(655)		81
Net interest income after provision for credit losses	398,408	446,092	691,156	884,564
Mortgage banking activities	3,777	(1,773)	10,197	8,153
Net gain (loss), including impairment on equity securities	924	254	(342)	1,113
Net profit on trading account debt securities	82	422	573	682
Net gain on sale of loans, including valuation adjustments on loans held-for-sale	2,222		3,179
Adjustments To Indemnity Reserves On Loans Sold	(1,160)	1,840	(5,953)	1,747
Other operating income	20,052	19,401	35,753	37,416
Total non-interest income	110,112	135,527	234,180	267,591
Operating expenses:
Personnel costs	123,262	127,123	251,820	251,913
Net occupancy expenses	24,604	22,119	48,709	44,654
Equipment expenses	20,083	20,295	40,814	39,327
Other taxes	13,261	12,514	26,879	24,114
Professional fees	78,782	90,728	173,483	175,578
Communications	5,410	5,736	11,237	11,471
Business promotion	11,160	18,220	24,541	32,112
FDIC deposit insurance	5,340	5,278	10,420	10,084
Other real estate owned (OREO) (income) expenses	(344)	1,237	2,135	3,914
Other operating expenses	67,071	60,193	128,417	113,705
Amortization of intangibles	1,771	2,346	4,220	4,634
Total opearating expense	350,400	365,789	722,675	711,506
Income (loss) before income taxes and equity in undistributed earnings of subsidiaries	158,120	215,830	202,661	440,649
Income tax expense	25,364	40,852	28,509	91,438
Income (loss) before equity in undistributed earnings of subdidiaries	132,756	174,978	174,152	349,211
Equity in undistributed earnings (losses) of subsidiaries	0	0	0	0
Net income	132,756	174,978	174,152	349,211
Comprehensive income (loss), net of tax	141,193	308,913	566,166	587,767
All other subsidiaries and eliminations | Service charges on deposit accounts
INTEREST EXPENSE:
Revenue from contract with customer	30,163	39,617	71,822	78,308
All other subsidiaries and eliminations | Other services
INTEREST EXPENSE:
Revenue from contract with customer	$ 54,052	$ 75,766	$ 118,951	$ 140,172

Condensed Consolidating State_3

Condensed Consolidating Statement of Cash Flow (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Cash flows from operating activities:
Net income	$ 127,628	$ 171,106	$ 161,930	$ 339,031
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in earnings of subsidiaries, net of dividends or distributions			0	0
Provision for credit losses	62,449	40,191	252,180	82,016
Amortization of intangibles			4,269	4,683
Depreciation and amortization of premises and equipment			28,901	28,724
Net accretion of discounts and amortization of premiums and deferred fees			(42,087)	(82,053)
Share-based compensation			7,164	10,408
Fair value adjustments on mortgage servicing rights			12,869	21,011
Adjustments to indemnity reserves on loans sold	1,160	(1,840)	5,953	(1,747)
Earnings from investments under the equity method, net of dividends or distributions			(6,425)	(7,257)
Deferred income tax (benefit) expense			(7,824)	75,083
Loss (gain) on:
Disposition of premises and equipment and other productive assets			(7,939)	(4,141)
Proceeds from insurance claims			(366)	0
Sale of loans, including valuation adjustments on loans held-for-sale and mortgage banking activities			(12,652)	(5,939)
Sale of foreclosed assets, including write-downs			(5,754)	(9,826)
Acquisitions of loans held-for-sale			(82,812)	(103,233)
Proceeds from sale of loans held-for-sale			24,897	31,063
Net originations on loans held-for-sale			(100,408)	(125,707)
Net decrease (increase) in:
Trading debt securities			176,054	215,569
Equity securities			(3,731)	(5,911)
Accrued income receivable			(54,873)	(4,864)
Other assets			30,513	(3,563)
Net (decrease) increase in:
Interest payable			(3,422)	913
Pension and other postretirement benefits obligation			2,771	10,399
Other liabilities			(71,684)	(125,317)
Total adjustments			145,594	311
Net cash (used in) provided by operating activities			307,524	339,342
Cash flows from investing activities:
Net increase in money market investments			(6,362,958)	997,694
Purchases of investment securities:
Available-for-sale			(10,313,044)	(9,684,912)
Equity			(20,282)	(12,706)
Proceeds from calls, paydowns, maturities and redemptions of investment securities:
Available-for-sale			8,106,422	6,789,265
Held-to-maturity			3,102	2,980
Proceeds from sale of investment securities:
Equity			17,424	6,047
Net disbursements on loans			(1,159,732)	(324,067)
Proceeds from sale of loans			26,070	29,943
Acquisition of loan portfolios			(123,738)	(312,752)
Payments to acquire other intangible			0	(793)
Return of capital from equity method investments			131	1,397
Capital contribution to subsidiary			0
Payments to acquire equity method investments			(440)	0
Acquisition of premises and equipment			(24,057)	(37,926)
Proceeds from insurance claims			366	0
Proceeds from sale of:
Premises and equipment and other productive assets			14,714	14,815
Foreclosed assets			32,805	59,304
Net cash (used in) provided by investing activities			(9,803,217)	(2,471,711)
Net increase (decrease) in:
Deposits			10,090,333	2,348,495
Assets sold under agreements to repurchase			(40,313)	(48,439)
Other short-term borrowings				159,959
Payments of notes payable			(66,989)	(99,758)
Principal payments of finance leases			(1,047)	(837)
Proceeds from issuance of notes payable			151,009	75,000
Proceeds from issuance of common stock			6,585	4,650
Payments for repurchase of redeemable preferred stock			(28,017)	0
Dividends paid to parent company			0	0
Dividends paid			(65,584)	(55,631)
Net payments for repurchase of common stock			(500,282)	(250,410)
Capital contribution from parent			0
Payments related to tax witholding for share-based compensation			(3,200)	(4,229)
Net cash (used in) provided by financing activities			9,542,495	2,128,800
Net (decrease) increase in cash and due from banks, and restricted cash			46,802	(3,569)
Cash and due from banks and restricted cash at beginning of period			394,323	403,251
Cash and due from banks and restricted cash at end of period	441,125	399,682	441,125	399,682
Elimination
Cash flows from operating activities:
Net income	(148,539)	(185,185)	(145,290)	(369,376)
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in earnings of subsidiaries, net of dividends or distributions			(436,864)	114,909
Provision for credit losses			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
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			(145)	(121)
Loss (gain) on:
Disposition of premises and equipment and other productive assets			0	0
Proceeds from insurance claims			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			(221)	(55)
Other assets			13,161	7,739
Net (decrease) increase in:
Interest payable			221	55
Pension and other postretirement benefits obligation			0	0
Other liabilities			(12,789)	(7,472)
Total adjustments			(436,637)	115,055
Net cash (used in) provided by operating activities			(581,927)	(254,321)
Cash flows from investing activities:
Net increase in money market investments			(46,950)	(78,043)
Purchases of investment securities:
Available-for-sale			0	0
Equity			(71)	41
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:
Equity			0	0
Net disbursements on loans			0	0
Proceeds from sale of loans			0	0
Acquisition of loan portfolios			0	0
Payments to acquire other intangible				0
Return of capital from equity method investments			0	0
Capital contribution to subsidiary			5,000
Payments to acquire equity method investments			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			(42,021)	(78,002)
Net increase (decrease) in:
Deposits			35,354	67,140
Assets sold under agreements to repurchase			0	0
Other short-term borrowings				0
Payments of notes payable			0	0
Principal payments of finance leases			0	0
Proceeds from issuance of notes payable			0	0
Proceeds from issuance of common stock			0	0
Payments for repurchase of redeemable preferred stock			0
Dividends paid to parent company			582,000	254,300
Dividends paid			0	0
Net payments for repurchase of common stock			(2)	(20)
Capital contribution from parent			(5,000)
Payments related to tax witholding for share-based compensation			0	0
Net cash (used in) provided by financing activities			612,352	321,420
Net (decrease) increase in cash and due from banks, and restricted cash			(11,596)	(10,903)
Cash and due from banks and restricted cash at beginning of period			(56,008)	(68,022)
Cash and due from banks and restricted cash at end of period	(67,604)	(78,925)	(67,604)	(78,925)
Popular, Inc. Holding Co.
Cash flows from operating activities:
Net income	127,628	171,106	161,930	339,031
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in earnings of subsidiaries, net of dividends or distributions			410,406	(91,871)
Provision for credit losses			137	259
Amortization of intangibles			49	49
Depreciation and amortization of premises and equipment			483	373
Net accretion of discounts and amortization of premiums and deferred fees			617	624
Share-based compensation			5,514	6,925
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			(5,396)	(7,640)
Deferred income tax (benefit) expense			0	0
Loss (gain) on:
Disposition of premises and equipment and other productive assets			0	39
Proceeds from insurance claims			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			(2,169)	(2,960)
Accrued income receivable			212	(45)
Other assets			(12,109)	81
Net (decrease) increase in:
Interest payable			0	0
Pension and other postretirement benefits obligation			0	0
Other liabilities			(417)	(4,883)
Total adjustments			397,327	(99,049)
Net cash (used in) provided by operating activities			559,257	239,982
Cash flows from investing activities:
Net increase in money market investments			44,000	75,000
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:
Equity			0	0
Net disbursements on loans			290	394
Proceeds from sale of loans			0	0
Acquisition of loan portfolios			0	0
Payments to acquire other intangible				0
Return of capital from equity method investments			131	0
Capital contribution to subsidiary			(5,000)
Payments to acquire equity method investments			0
Acquisition of premises and equipment			(1,949)	(671)
Proceeds from insurance claims			0
Proceeds from sale of:
Premises and equipment and other productive assets			172	3
Foreclosed assets			0	0
Net cash (used in) provided by investing activities			37,644	74,726
Net increase (decrease) in:
Deposits			0	0
Assets sold under agreements to repurchase			0	0
Other short-term borrowings				0
Payments of notes payable			0	0
Principal payments of finance leases			0	0
Proceeds from issuance of notes payable			0	0
Proceeds from issuance of common stock			11,978	6,121
Payments for repurchase of redeemable preferred stock			(28,017)
Dividends paid to parent company			0	0
Dividends paid			(65,584)	(55,631)
Net payments for repurchase of common stock			(500,466)	(250,393)
Capital contribution from parent			0
Payments related to tax witholding for share-based compensation			(3,144)	(4,077)
Net cash (used in) provided by financing activities			(585,233)	(303,980)
Net (decrease) increase in cash and due from banks, and restricted cash			11,668	10,728
Cash and due from banks and restricted cash at beginning of period			56,554	68,278
Cash and due from banks and restricted cash at end of period	68,222	79,006	68,222	79,006
PNA Holding Co.
Cash flows from operating activities:
Net income	15,783	10,207	(28,862)	20,165
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in earnings of subsidiaries, net of dividends or distributions			26,458	(23,038)
Provision for credit losses			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			13	13
Share-based compensation			0	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	634
Deferred income tax (benefit) expense			(639)	(764)
Loss (gain) on:
Disposition of premises and equipment and other productive assets			0	0
Proceeds from insurance claims			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			32	0
Other assets			44	42
Net (decrease) increase in:
Interest payable			0	0
Pension and other postretirement benefits obligation			0	0
Other liabilities			4	(95)
Total adjustments			25,912	(23,208)
Net cash (used in) provided by operating activities			(2,950)	(3,043)
Cash flows from investing activities:
Net increase in money market investments			2,950	3,043
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:
Equity			0	0
Net disbursements on loans			0	0
Proceeds from sale of loans			0	0
Acquisition of loan portfolios			0	0
Payments to acquire other intangible				0
Return of capital from equity method investments			0	0
Capital contribution to subsidiary			0
Payments to acquire equity method investments			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			2,950	3,043
Net increase (decrease) in:
Deposits			0	0
Assets sold under agreements to repurchase			0	0
Other short-term borrowings				0
Payments of notes payable			0	0
Principal payments of finance leases			0	0
Proceeds from issuance of notes payable			0	0
Proceeds from issuance of common stock			0	0
Payments for repurchase of redeemable preferred stock			0
Dividends paid to parent company			0	0
Dividends paid			0	0
Net payments for repurchase of common stock			0	0
Capital contribution from parent			0
Payments related to tax witholding for share-based compensation			0	0
Net cash (used in) provided by financing activities			0	0
Net (decrease) increase in cash and due from banks, and restricted cash			0	0
Cash and due from banks and restricted cash at beginning of period			0	0
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	132,756	174,978	174,152	349,211
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in earnings of subsidiaries, net of dividends or distributions			0	0
Provision for credit losses			252,043	81,757
Amortization of intangibles			4,220	4,634
Depreciation and amortization of premises and equipment			28,418	28,351
Net accretion of discounts and amortization of premiums and deferred fees			(42,717)	(82,690)
Share-based compensation			1,650	3,483
Fair value adjustments on mortgage servicing rights			12,869	21,011
Adjustments to indemnity reserves on loans sold	1,160	(1,840)	5,953	(1,747)
Earnings from investments under the equity method, net of dividends or distributions			(1,029)	(251)
Deferred income tax (benefit) expense			(7,040)	75,968
Loss (gain) on:
Disposition of premises and equipment and other productive assets			(7,939)	(4,180)
Proceeds from insurance claims			(366)
Sale of loans, including valuation adjustments on loans held-for-sale and mortgage banking activities			(12,652)	(5,939)
Sale of foreclosed assets, including write-downs			(5,754)	(9,826)
Acquisitions of loans held-for-sale			(82,812)	(103,233)
Proceeds from sale of loans held-for-sale			24,897	31,063
Net originations on loans held-for-sale			(100,408)	(125,707)
Net decrease (increase) in:
Trading debt securities			176,054	215,569
Equity securities			(1,562)	(2,951)
Accrued income receivable			(54,896)	(4,764)
Other assets			29,417	(11,425)
Net (decrease) increase in:
Interest payable			(3,643)	858
Pension and other postretirement benefits obligation			2,771	10,399
Other liabilities			(58,482)	(112,867)
Total adjustments			158,992	7,513
Net cash (used in) provided by operating activities			333,144	356,724
Cash flows from investing activities:
Net increase in money market investments			(6,362,958)	997,694
Purchases of investment securities:
Available-for-sale			(10,313,044)	(9,684,912)
Equity			(20,211)	(12,747)
Proceeds from calls, paydowns, maturities and redemptions of investment securities:
Available-for-sale			8,106,422	6,789,265
Held-to-maturity			3,102	2,980
Proceeds from sale of investment securities:
Equity			17,424	6,047
Net disbursements on loans			(1,160,022)	(324,461)
Proceeds from sale of loans			26,070	29,943
Acquisition of loan portfolios			(123,738)	(312,752)
Payments to acquire other intangible				(793)
Return of capital from equity method investments			0	1,397
Capital contribution to subsidiary			0
Payments to acquire equity method investments			(440)
Acquisition of premises and equipment			(22,108)	(37,255)
Proceeds from insurance claims			366
Proceeds from sale of:
Premises and equipment and other productive assets			14,542	14,812
Foreclosed assets			32,805	59,304
Net cash (used in) provided by investing activities			(9,801,790)	(2,471,478)
Net increase (decrease) in:
Deposits			10,054,979	2,281,355
Assets sold under agreements to repurchase			(40,313)	(48,439)
Other short-term borrowings				159,959
Payments of notes payable			(66,989)	(99,758)
Principal payments of finance leases			(1,047)	(837)
Proceeds from issuance of notes payable			151,009	75,000
Proceeds from issuance of common stock			(5,393)	(1,471)
Payments for repurchase of redeemable preferred stock			0
Dividends paid to parent company			(582,000)	(254,300)
Dividends paid			0	0
Net payments for repurchase of common stock			186	3
Capital contribution from parent			5,000
Payments related to tax witholding for share-based compensation			(56)	(152)
Net cash (used in) provided by financing activities			9,515,376	2,111,360
Net (decrease) increase in cash and due from banks, and restricted cash			46,730	(3,394)
Cash and due from banks and restricted cash at beginning of period			393,777	402,995
Cash and due from banks and restricted cash at end of period	$ 440,507	$ 399,601	$ 440,507	$ 399,601

Condensed consolidating finan_3

Condensed consolidating financial information of guarantor and issuers of registered guaranteed securities - Additional Information (Details)	Jun. 30, 2020
PNA Holding Co.
Condensed income statements
Wholly-owned subsidiary percentage	100.00%