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Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2011

December 31, 2011
		Banco Popular		Banco Popular		Intersegment
(In thousands)		de Puerto Rico		North America		Eliminations
Net interest income	$	1,240,700	$	295,602	$	-
Provision for loan losses		487,238		88,482		-
Non-interest income		488,459		74,896		-
Amortization of intangibles		6,933		2,721		-
Depreciation expense		37,180		7,665		-
Loss on early extinguishment of debt		693		-		-
Other operating expenses		845,821		237,967		-
Income tax expense		119,819		3,745		-
Net income	$	231,475	$	29,918	$	-
Segment assets	$	28,423,064	$	8,581,209	$	(26,447)

December 31, 2011
		Reportable
(In thousands)		Segments		Corporate		Eliminations		Total Popular, Inc.
Net interest income (loss)	$	1,536,302	$	(105,267)	$	957	$	1,431,992
Provision for loan losses		575,720		-		-		575,720
Non-interest income		563,355		66,473		(69,551)		560,277
Amortization of intangibles		9,654		-		-		9,654
Depreciation expense		44,845		1,601		-		46,446
Loss on early extinguishment of debt		693		8,000		-		8,693
Other operating expenses		1,083,788		71,586		(69,870)		1,085,504
Income tax expense (benefit)		123,564		(9,145)		508		114,927
Net income (loss)	$	261,393	$	(110,836)	$	768	$	151,325
Segment assets	$	36,977,826	$	5,348,638	$	(4,978,032)	$	37,348,432

December 31, 2010
		Banco Popular		Banco Popular		Intersegment
(In thousands)		de Puerto Rico		North America		Eliminations
Net interest income	$	1,095,932	$	309,985	$	-
Provision for loan losses		609,630		402,250		-
Non-interest income		448,301		54,570		-
Amortization of intangibles		5,449		3,181		-
Depreciation expense		38,364		9,109		-
Loss on early extinguishment of debt		1,171		21,866		-
Other operating expenses		815,947		264,110		-
Income tax expense		27,120		4,318		-
Net income (loss)	$	46,552	$	(340,279)	$	-
Segment assets	$	29,429,358	$	8,973,984	$	(28,662)

December 31, 2010
		Reportable
(In thousands)		Segments		Corporate		Eliminations		Total Popular, Inc.
Net interest income (loss)	$	1,405,917	$	(111,747)	$	695	$	1,294,865
Provision for loan losses		1,011,880		-		-		1,011,880
Non-interest income		502,871		912,555		(127,233)		1,288,193
Amortization of intangibles		8,630		543		-		9,173
Depreciation expense		47,473		11,388		-		58,861
Loss on early extinguishment of debt		23,037		15,750		-		38,787
Other operating expenses		1,080,057		263,270		(124,601)		1,218,726
Income tax expense		31,438		76,995		(203)		108,230
Net (loss) income	$	(293,727)	$	432,862	$	(1,734)	$	137,401
Segment assets	$	38,374,680	$	5,583,501	$	(5,143,183)	$	38,814,998

December 31, 2009
		Banco Popular		Banco Popular		Intersegment
(In thousands)		de Puerto Rico		North America		Eliminations
Net interest income	$	866,589	$	315,469	$	-
Provision for loan losses		623,532		782,275		-
Non-interest income		666,779		30,231		-
Amortization of intangibles		5,031		3,641		-
Depreciation expense		37,680		10,811		(22)
Loss on early extinguishment of debt		1,959		-		-
Other operating expenses		708,207		299,726		(3)
Income tax benefit		(1,308)		(24,896)		11
Net income (loss)	$	158,267	$	(725,857)	$	14
Segment assets	$	23,611,755	$	10,846,748	$	(40,150)

December 31, 2009
		Reportable
(In thousands)		Segments		Corporate		Eliminations		Total Popular, Inc.
Net interest income (loss)	$	1,182,058	$	(81,817)	$	1,012	$	1,101,253
Provision for loan losses		1,405,807		-		-		1,405,807
Non-interest income		697,010		337,182		(137,691)		896,501
Amortization of intangibles		8,672		810		-		9,482
Depreciation expense		48,469		15,982		-		64,451
Loss (gain) on early extinguishment of debt		1,959		(78,337)		(1,922)		(78,300)
Other operating expenses		1,007,930		281,938		(131,305)		1,158,563
Income tax (benefit) expense		(26,193)		17,295		596		(8,302)
Net (loss) income	$	(567,576)	$	17,677	$	(4,048)	$	(553,947)
Segment assets	$	34,418,353	$	5,546,045	$	(5,228,073)	$	34,736,325

December 31, 2011
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	$	501,946	$	727,050	$	11,600	$	104	$	1,240,700
Provision for loan losses		356,905		130,333		-		-		487,238
Non-interest income		173,764		209,100		105,632		(37)		488,459
Amortization of intangibles		103		6,175		655		-		6,933
Depreciation expense		16,928		19,297		955		-		37,180
Loss on early extinguishment of debt		693		-		-		-		693
Other operating expenses		257,830		523,423		64,759		(191)		845,821
Income tax expense		38,332		67,678		13,707		102		119,819
Net income	$	4,919	$	189,244	$	37,156	$	156	$	231,475
Segment assets	$	13,643,862	$	20,035,526	$	1,225,247	$	(6,481,571)	$	28,423,064

December 31, 2010
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	$	443,242	$	643,076	$	9,392	$	222	$	1,095,932
Provision for loan losses		464,214		145,416		-		-		609,630
Non-interest income		133,674		211,242		103,552		(167)		448,301
Amortization of intangibles		558		4,313		578		-		5,449
Depreciation expense		16,760		20,464		1,140		-		38,364
Loss on early extinguishment of debt		1,171		-		-		-		1,171
Other operating expenses		272,755		477,859		65,619		(286)		815,947
Income tax (benefit) expense		(68,791)		79,206		16,575		130		27,120
Net (loss) income	$	(109,751)	$	127,060	$	29,032	$	211	$	46,552
Segment assets	$	15,625,030	$	21,483,403	$	462,771	$	(8,141,846)	$	29,429,358

December 31, 2009
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	$	299,668	$	554,677	$	11,716	$	528	$	866,589
Provision for loan losses		427,501		196,031		-		-		623,532
Non-interest income		159,242		407,527		100,698		(688)		666,779
Amortization of intangibles		162		4,177		692		-		5,031
Depreciation expense		16,187		20,237		1,256		-		37,680
Loss on early extinguishment of debt		1,959		-		-		-		1,959
Other operating expenses		211,933		434,337		62,211		(274)		708,207
Income tax (benefit) expense		(105,470)		87,281		16,831		50		(1,308)
Net (loss) income	$	(93,362)	$	220,141	$	31,424	$	64	$	158,267
Segment assets	$	9,679,767	$	17,285,538	$	467,645	$	(3,821,195)	$	23,611,755

December 31, 2011
Banco Popular North America
		Banco Popular						Total Banco Popular North
(In thousands)		North America		E-LOAN		Eliminations		America
Net interest income	$	294,224	$	1,378	$	-	$	295,602
Provision for loan losses		61,753		26,729		-		88,482
Non-interest income		69,269		5,627		-		74,896
Amortization of intangibles		2,721		-		-		2,721
Depreciation expense		7,665		-		-		7,665
Other operating expenses		229,998		7,969		-		237,967
Income tax expense		3,745		-		-		3,745
Net income (loss)	$	57,611	$	(27,693)	$	-	$	29,918
Segment assets	$	9,289,507	$	418,436	$	(1,126,734)	$	8,581,209

December 31, 2010
Banco Popular North America
								Total Banco
		Banco Popular						Popular North
(In thousands)		North America		E-LOAN		Eliminations		America
Net interest income	$	305,893	$	4,148	$	(56)	$	309,985
Provision for loan losses		400,077		2,173		-		402,250
Non-interest income (loss)		73,032		(18,462)		-		54,570
Amortization of intangibles		3,181		-		-		3,181
Depreciation expense		8,539		570		-		9,109
Loss on early extinguishment of debt		21,866		-		-		21,866
Other operating expenses		256,855		7,255		-		264,110
Income tax expense		1,589		2,729		-		4,318
Net loss	$	(313,182)	$	(27,041)	$	(56)	$	(340,279)
Segment assets	$	9,632,188	$	490,845	$	(1,149,049)	$	8,973,984

December 31, 2009
Banco Popular North America
								Total Banco
		Banco Popular						Popular North
(In thousands)		North America		E-LOAN		Eliminations		America
Net interest income	$	303,700	$	10,593	$	1,176	$	315,469
Provision for loan losses		641,668		140,607		-		782,275
Non-interest income (loss)		70,059		(39,706)		(122)		30,231
Amortization of intangibles		3,641		-		-		3,641
Depreciation expense		9,627		1,184		-		10,811
Other operating expenses		283,113		16,610		3		299,726
Income tax benefit		(7,665)		(17,231)		-		(24,896)
Net loss	$	(556,625)	$	(170,283)	$	1,051	$	(725,857)
Segment assets	$	11,478,201	$	560,885	$	(1,192,338)	$	10,846,748

Geographic Information

Geographic Information

(In thousands)		2011		2010		2009
Revenues:^[1]
Puerto Rico	$	1,551,518	$	2,138,629	$	1,566,081
United States		347,460		339,664		306,667
Other		93,291		104,765		125,006
Total consolidated revenues from continuing operations	$	1,992,269	$	2,583,058	$	1,997,754

Schedule Of Selected Balance Sheet Information By Geographical Area Table [Text Block]

Selected Balance Sheet Information
(In thousands)		2011		2010		2009
Puerto Rico
Total assets	$	27,410,644	$	28,556,279	$	22,480,832
Loans		18,594,751		18,729,654		14,176,793
Deposits		20,696,606		19,149,753		16,634,123
United States
Total assets	$	8,708,709	$	9,087,737	$	11,033,114
Loans		5,845,359		6,978,007		8,825,559
Deposits		6,151,959		6,566,710		8,242,604
Other
Total assets	$	1,229,079	$	1,170,982	$	1,222,379
Loans		874,282		751,194		801,557
Deposits ^[1]		1,093,562		1,045,737		1,048,167
[1] Represents deposits from BPPR operations located in the US and British Virgin Islands.

- Definition

Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries.

+ References+ Details

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details