Allowance for loan losses (Tables)
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3 Months Ended |
Mar. 31, 2012
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Allowance Movement [Table Text Block] |
For the quarter ended March 31, 2012 | Puerto Rico - Non-covered loans | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Commercial | | Construction | | Mortgage | | Leasing | | Consumer | | Total | Allowance for credit losses: | | | | | | | | | | | | | | | | | | Beginning balance | $ | 255,453 | | $ | 5,850 | | $ | 72,322 | | $ | 4,651 | | $ | 115,126 | | $ | 453,402 | | Provision | | 3,394 | | | 450 | | | 36,411 | | | 470 | | | 27,067 | | | 67,792 | | Charge-offs | | (47,644) | | | (280) | | | (13,491) | | | (1,217) | | | (32,238) | | | (94,870) | | Recoveries | | 10,126 | | | 651 | | | 1,265 | | | 1,063 | | | 8,107 | | | 21,212 | Ending balance | $ | 221,329 | | $ | 6,671 | | $ | 96,507 | | $ | 4,967 | | $ | 118,062 | | $ | 447,536 |
For the quarter ended March 31, 2012 | Puerto Rico - Covered loans | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Commercial | | Construction | | Mortgage | | Leasing | | Consumer | | Total | Allowance for credit losses: | | | | | | | | | | | | | | | | | | Beginning balance | $ | 94,472 | | $ | 20,435 | | $ | 5,310 | | $ | - | | $ | 4,728 | | $ | 124,945 | | Provision (reversal of provision) | | (300) | | | 9,556 | | | 5,410 | | | - | | | 3,543 | | | 18,209 | | Charge-offs | | (4,102) | | | (264) | | | (203) | | | - | | | (89) | | | (4,658) | | Recoveries | | - | | | - | | | - | | | - | | | - | | | - | Ending balance | $ | 90,070 | | $ | 29,727 | | $ | 10,517 | | $ | - | | $ | 8,182 | | $ | 138,496 |
For the quarter ended March 31, 2012 | U.S. Mainland | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Commercial | | Construction | | Mortgage | | Legacy | | Consumer | | Total | Allowance for credit losses: | | | | | | | | | | | | | | | | | | Beginning balance | $ | 113,979 | | $ | 2,631 | | $ | 29,939 | | $ | 46,228 | | $ | 44,184 | | $ | 236,961 | | Provision (reversal of provision) | | (4,864) | | | (3) | | | 4,261 | | | 12,055 | | | 3,273 | | | 14,722 | | Charge-offs | | (19,602) | | | (1,396) | | | (5,332) | | | (8,473) | | | (10,358) | | | (45,161) | | Recoveries | | 2,737 | | | 1,230 | | | 104 | | | 4,915 | | | 1,724 | | | 10,710 | Ending balance | $ | 92,250 | | $ | 2,462 | | $ | 28,972 | | $ | 54,725 | | $ | 38,823 | | $ | 217,232 |
For the quarter ended March 31, 2012 | Popular, Inc. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Commercial | | Construction | | Mortgage | | Legacy | Leasing | | Consumer | | Total | Allowance for credit losses: | | | | | | | | | | | | | | | | | | | | Beginning balance | $ | 463,904 | | $ | 28,916 | | $ | 107,571 | | $ | 46,228 | $ | 4,651 | | $ | 164,038 | | $ | 815,308 | | Provision (reversal of provision) | | (1,770) | | | 10,003 | | | 46,082 | | | 12,055 | | 470 | | | 33,883 | | | 100,723 | | Charge-offs | | (71,348) | | | (1,940) | | | (19,026) | | | (8,473) | | (1,217) | | | (42,685) | | | (144,689) | | Recoveries | | 12,863 | | | 1,881 | | | 1,369 | | | 4,915 | | 1,063 | | | 9,831 | | | 31,922 | Ending balance | $ | 403,649 | | $ | 38,860 | | $ | 135,996 | | $ | 54,725 | $ | 4,967 | | $ | 165,067 | | $ | 803,264 |
For the quarter ended March 31, 2011 | Puerto Rico - Non-covered loans | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Commercial | | Construction | | Mortgage | | Leasing | | Consumer | | Total | Allowance for credit losses: | | | | | | | | | | | | | | | | | | Beginning balance | $ | 256,643 | | $ | 16,074 | | $ | 42,029 | | $ | 7,154 | | $ | 133,531 | | $ | 455,431 | | Provision | | 1,099 | | | 3,385 | | | 21,515 | | | 633 | | | 25,067 | | | 51,699 | | Charge-offs | | (46,032) | | | (9,754) | | | (8,204) | | | (1,946) | | | (35,477) | | | (101,413) | | Recoveries | | 7,504 | | | 1,733 | | | 527 | | | 767 | | | 7,063 | | | 17,594 | Ending balance | $ | 219,214 | | $ | 11,438 | | $ | 55,867 | | $ | 6,608 | | $ | 130,184 | | $ | 423,311 |
For the quarter ended March 31, 2011 | Puerto Rico - Covered Loans | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Commercial | | Construction | | Mortgage | | Leasing | | Consumer | | Total | Allowance for credit losses: | | | | | | | | | | | | | | | | | | Beginning balance | $ | - | | $ | - | | $ | - | | $ | - | | $ | - | | $ | - | | Provision | | 3,642 | | | 11,279 | | | 59 | | | - | | | 577 | | | 15,557 | | Charge-offs | | (1,707) | | | (4,345) | | | - | | | - | | | (346) | | | (6,398) | | Recoveries | | - | | | - | | | - | | | - | | | - | | | - | Ending balance | $ | 1,935 | | $ | 6,934 | | $ | 59 | | $ | - | | $ | 231 | | $ | 9,159 |
For the quarter ended March 31, 2011 | U.S. Mainland | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Commercial | | Construction | | Mortgage | | Legacy | | Consumer | | Total | Allowance for credit losses: | | | | | | | | | | | | | | | | | | Beginning balance | $ | 143,281 | | $ | 23,711 | | $ | 28,839 | | $ | 76,405 | | $ | 65,558 | | $ | 337,794 | | Provision (reversal of provision) | | 2,280 | | | (808) | | | (17,833) | | | 13,755 | | | 10,669 | | | 8,063 | | Charge-offs | | (19,532) | | | (982) | | | (1,358) | | | (23,504) | | | (17,914) | | | (63,290) | | Recoveries | | 2,048 | | | 218 | | | 788 | | | 3,255 | | | 1,352 | | | 7,661 | | Net recovery related to loans transferred to LHFS | | - | | | - | | | 13,807 | | | - | | | - | | | 13,807 | Ending balance | $ | 128,077 | | $ | 22,139 | | $ | 24,243 | | $ | 69,911 | | $ | 59,665 | | $ | 304,035 |
For the quarter ended March 31, 2011 | Popular, Inc. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Commercial | Construction | Mortgage | Legacy | Leasing | Consumer | Total | Allowance for credit losses: | | | | | | | | | | | | | | | Beginning balance | $ | 399,924 | $ | 39,785 | $ | 70,868 | $ | 76,405 | $ | 7,154 | $ | 199,089 | $ | 793,225 | | Provision | | 7,021 | | 13,856 | | 3,741 | | 13,755 | | 633 | | 36,313 | | 75,319 | | Charge-offs | | (67,271) | | (15,081) | | (9,562) | | (23,504) | | (1,946) | | (53,737) | | (171,101) | | Recoveries | | 9,552 | | 1,951 | | 1,315 | | 3,255 | | 767 | | 8,415 | | 25,255 | | Net recovery related to loans transferred to LHFS | | - | | - | | 13,807 | | - | | - | | - | | 13,807 | Ending balance | $ | 349,226 | $ | 40,511 | $ | 80,169 | $ | 69,911 | $ | 6,608 | $ | 190,080 | $ | 736,505 |
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Allowance For Credit Losses On Financing Receivables Table Text Block |
At March 31, 2012 | Puerto Rico | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Commercial | | Construction | | Mortgage | | Leasing | | Consumer | | Total | Allowance for credit losses: | | | | | | | | | | | | | | | | | | Specific ALLL non-covered loans | $ | 11,115 | | $ | 1,013 | | $ | 27,096 | | $ | 1,344 | | $ | 18,887 | | $ | 59,455 | General ALLL non-covered loans | | 210,214 | | | 5,658 | | | 69,411 | | | 3,623 | | | 99,175 | | | 388,081 | ALLL - non-covered loans | | 221,329 | | | 6,671 | | | 96,507 | | | 4,967 | | | 118,062 | | | 447,536 | Specific ALLL covered loans | | 32,489 | | | - | | | - | | | - | | | - | | | 32,489 | General ALLL covered loans | | 57,581 | | | 29,727 | | | 10,517 | | | - | | | 8,182 | | | 106,007 | ALLL - covered loans | | 90,070 | | | 29,727 | | | 10,517 | | | - | | | 8,182 | | | 138,496 | Total ALLL | $ | 311,399 | | $ | 36,398 | | $ | 107,024 | | $ | 4,967 | | $ | 126,244 | | $ | 586,032 | | | | | | | | | | | | | | | | | | | | Loans held-in-portfolio: | | | | | | | | | | | | | | | | | | Impaired non-covered loans | $ | 402,097 | | $ | 51,023 | | $ | 396,854 | | $ | 5,412 | | $ | 135,745 | | $ | 991,131 | Non-covered loans held-in-portfolio | | | | | | | | | | | | | | | | | | | excluding impaired loans | | 6,027,572 | | | 124,745 | | | 4,363,491 | | | 537,902 | | | 2,815,758 | | | 13,869,468 | Non-covered loans held-in-portfolio | | 6,429,669 | | | 175,768 | | | 4,760,345 | | | 543,314 | | | 2,951,503 | | | 14,860,599 | Impaired covered loans | | 85,855 | | | - | | | - | | | - | | | - | | | 85,855 | Covered loans held-in-portfolio | | | | | | | | | | | | | | | | | | | excluding impaired loans | | 2,345,846 | | | 532,433 | | | 1,150,996 | | | - | | | 106,658 | | | 4,135,933 | Covered loans held-in-portfolio | | 2,431,701 | | | 532,433 | | | 1,150,996 | | | - | | | 106,658 | | | 4,221,788 | Total loans held-in-portfolio | $ | 8,861,370 | | $ | 708,201 | | $ | 5,911,341 | | $ | 543,314 | | $ | 3,058,161 | | $ | 19,082,387 |
At March 31, 2012 | U.S. Mainland | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Commercial | | Construction | | Mortgage | | Legacy | | Consumer | | Total | Allowance for credit losses: | | | | | | | | | | | | | | | | | | Specific ALLL | $ | 1,883 | | $ | - | | $ | 13,850 | | $ | 765 | | $ | 103 | | $ | 16,601 | General ALLL | | 90,367 | | | 2,462 | | | 15,122 | | | 53,960 | | | 38,720 | | | 200,631 | Total ALLL | $ | 92,250 | | $ | 2,462 | | $ | 28,972 | | $ | 54,725 | | $ | 38,823 | | $ | 217,232 | | | | | | | | | | | | | | | | | | | | | Loans held-in-portfolio: | | | | | | | | | | | | | | | | | | Impaired loans | $ | 150,055 | | $ | 13,126 | | $ | 53,900 | | $ | 47,731 | | $ | 2,455 | | $ | 267,267 | Loans held-in-portfolio, | | | | | | | | | | | | | | | | | | | excluding impaired loans | | 3,288,518 | | | 47,685 | | | 777,500 | | | 556,143 | | | 680,962 | | | 5,350,808 | Total loans held-in-portfolio | $ | 3,438,573 | | $ | 60,811 | | $ | 831,400 | | $ | 603,874 | | $ | 683,417 | | $ | 5,618,075 |
At March 31, 2012 | Popular, Inc. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Commercial | | Construction | | Mortgage | | Legacy | Leasing | | Consumer | | Total | Allowance for credit losses: | | | | | | | | | | | | | | | | | | | | Specific ALLL non-covered loans | $ | 12,998 | | $ | 1,013 | | $ | 40,946 | | $ | 765 | $ | 1,344 | | $ | 18,990 | | $ | 76,056 | General ALLL non-covered loans | | 300,581 | | | 8,120 | | | 84,533 | | | 53,960 | | 3,623 | | | 137,895 | | | 588,712 | ALLL - non-covered loans | | 313,579 | | | 9,133 | | | 125,479 | | | 54,725 | | 4,967 | | | 156,885 | | | 664,768 | Specific ALLL covered loans | | 32,489 | | | - | | | - | | | - | | - | | | - | | | 32,489 | General ALLL covered loans | | 57,581 | | | 29,727 | | | 10,517 | | | - | | - | | | 8,182 | | | 106,007 | ALLL - covered loans | | 90,070 | | | 29,727 | | | 10,517 | | | - | | - | | | 8,182 | | | 138,496 | Total ALLL | $ | 403,649 | | $ | 38,860 | | $ | 135,996 | | $ | 54,725 | $ | 4,967 | | $ | 165,067 | | $ | 803,264 | | | | | | | | | | | | | | | | | | | | | | | Loans held-in-portfolio: | | | | | | | | | | | | | | | | | | | | Impaired non-covered loans | $ | 552,152 | | $ | 64,149 | | $ | 450,754 | | $ | 47,731 | $ | 5,412 | | $ | 138,200 | | $ | 1,258,398 | Non-covered loans held-in-portfolio | | | | | | | | | | | | | | | | | | | | | excluding impaired loans | | 9,316,090 | | | 172,430 | | | 5,140,991 | | | 556,143 | | 537,902 | | | 3,496,720 | | | 19,220,276 | Non-covered loans held-in-portfolio | | 9,868,242 | | | 236,579 | | | 5,591,745 | | | 603,874 | | 543,314 | | | 3,634,920 | | | 20,478,674 | Impaired covered loans | | 85,855 | | | - | | | - | | | - | | - | | | - | | | 85,855 | Covered loans held-in-portfolio | | | | | | | | | | | | | | | | | | | | | excluding impaired loans | | 2,345,846 | | | 532,433 | | | 1,150,996 | | | - | | - | | | 106,658 | | | 4,135,933 | Covered loans held-in-portfolio | | 2,431,701 | | | 532,433 | | | 1,150,996 | | | - | | - | | | 106,658 | | | 4,221,788 | Total loans held-in-portfolio | $ | 12,299,943 | | $ | 769,012 | | $ | 6,742,741 | | $ | 603,874 | $ | 543,314 | | $ | 3,741,578 | | $ | 24,700,462 |
At December 31, 2011 | Puerto Rico | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Commercial | | Construction | | Mortgage | | Leasing | | Consumer | | Total | Allowance for credit losses: | | | | | | | | | | | | | | | | | | Specific ALLL non-covered loans | $ | 10,407 | | $ | 289 | | $ | 14,944 | | $ | 793 | | $ | 16,915 | | $ | 43,348 | General ALLL non-covered loans | | 245,046 | | | 5,561 | | | 57,378 | | | 3,858 | | | 98,211 | | | 410,054 | ALLL - non-covered loans | | 255,453 | | | 5,850 | | | 72,322 | | | 4,651 | | | 115,126 | | | 453,402 | Specific ALLL covered loans | | 27,086 | | | - | | | - | | | - | | | - | | | 27,086 | General ALLL covered loans | | 67,386 | | | 20,435 | | | 5,310 | | | - | | | 4,728 | | | 97,859 | ALLL - covered loans | | 94,472 | | | 20,435 | | | 5,310 | | | - | | | 4,728 | | | 124,945 | Total ALLL | $ | 349,925 | | $ | 26,285 | | $ | 77,632 | | $ | 4,651 | | $ | 119,854 | | $ | 578,347 | | | | | | | | | | | | | | | | | | | | Loans held-in-portfolio: | | | | | | | | | | | | | | | | | | Impaired non-covered loans | $ | 403,089 | | $ | 49,747 | | $ | 333,346 | | $ | 6,104 | | $ | 137,582 | | $ | 929,868 | Non-covered loans held-in-portfolio | | | | | | | | | | | | | | | | | | | excluding impaired loans | | 6,067,493 | | | 111,194 | | | 4,356,137 | | | 542,602 | | | 2,832,845 | | | 13,910,271 | Non-covered loans held-in-portfolio | | 6,470,582 | | | 160,941 | | | 4,689,483 | | | 548,706 | | | 2,970,427 | | | 14,840,139 | Impaired covered loans | | 76,798 | | | - | | | - | | | - | | | - | | | 76,798 | Covered loans held-in-portfolio | | | | | | | | | | | | | | | | | | | excluding impaired loans | | 2,435,944 | | | 546,826 | | | 1,172,954 | | | - | | | 116,181 | | | 4,271,905 | Covered loans held-in-portfolio | | 2,512,742 | | | 546,826 | | | 1,172,954 | | | - | | | 116,181 | | | 4,348,703 | Total loans held-in-portfolio | $ | 8,983,324 | | $ | 707,767 | | $ | 5,862,437 | | $ | 548,706 | | $ | 3,086,608 | | $ | 19,188,842 |
At December 31, 2011 | U.S. Mainland | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Commercial | | Construction | | Mortgage | | Legacy | | Consumer | | Total | Allowance for credit losses: | | | | | | | | | | | | | | | | | | Specific ALLL | $ | 1,331 | | $ | - | | $ | 14,119 | | $ | 57 | | $ | 131 | | $ | 15,638 | General ALLL | | 112,648 | | | 2,631 | | | 15,820 | | | 46,171 | | | 44,053 | | | 221,323 | Total ALLL | $ | 113,979 | | $ | 2,631 | | $ | 29,939 | | $ | 46,228 | | $ | 44,184 | | $ | 236,961 | | | | | | | | | | | | | | | | | | | | | Loans held-in-portfolio: | | | | | | | | | | | | | | | | | | Impaired loans | $ | 153,240 | | $ | 41,963 | | $ | 49,534 | | $ | 48,890 | | $ | 2,526 | | $ | 296,153 | Loans held-in-portfolio, | | | | | | | | | | | | | | | | | | | excluding impaired loans | | 3,349,505 | | | 37,035 | | | 779,443 | | | 599,519 | | | 700,802 | | | 5,466,304 | Total loans held-in-portfolio | $ | 3,502,745 | | $ | 78,998 | | $ | 828,977 | | $ | 648,409 | | $ | 703,328 | | $ | 5,762,457 |
At December 31, 2011 | Popular, Inc. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Commercial | | Construction | | Mortgage | | Legacy | Leasing | | Consumer | | Total | Allowance for credit losses: | | | | | | | | | | | | | | | | | | | | Specific ALLL non-covered loans | $ | 11,738 | | $ | 289 | | $ | 29,063 | | $ | 57 | $ | 793 | | $ | 17,046 | | $ | 58,986 | General ALLL non-covered loans | | 357,694 | | | 8,192 | | | 73,198 | | | 46,171 | | 3,858 | | | 142,264 | | | 631,377 | ALLL - non-covered loans | | 369,432 | | | 8,481 | | | 102,261 | | | 46,228 | | 4,651 | | | 159,310 | | | 690,363 | Specific ALLL covered loans | | 27,086 | | | - | | | - | | | - | | - | | | - | | | 27,086 | General ALLL covered loans | | 67,386 | | | 20,435 | | | 5,310 | | | - | | - | | | 4,728 | | | 97,859 | ALLL - covered loans | | 94,472 | | | 20,435 | | | 5,310 | | | - | | - | | | 4,728 | | | 124,945 | Total ALLL | $ | 463,904 | | $ | 28,916 | | $ | 107,571 | | $ | 46,228 | $ | 4,651 | | $ | 164,038 | | $ | 815,308 | | | | | | | | | | | | | | | | | | | | | | | Loans held-in-portfolio: | | | | | | | | | | | | | | | | | | | | Impaired non-covered loans | $ | 556,329 | | $ | 91,710 | | $ | 382,880 | | $ | 48,890 | $ | 6,104 | | $ | 140,108 | | $ | 1,226,021 | Non-covered loans held-in-portfolio | | | | | | | | | | | | | | | | | | | | | excluding impaired loans | | 9,416,998 | | | 148,229 | | | 5,135,580 | | | 599,519 | | 542,602 | | | 3,533,647 | | | 19,376,575 | Non-covered loans held-in-portfolio | | 9,973,327 | | | 239,939 | | | 5,518,460 | | | 648,409 | | 548,706 | | | 3,673,755 | | | 20,602,596 | Impaired covered loans | | 76,798 | | | - | | | - | | | - | | - | | | - | | | 76,798 | Covered loans held-in-portfolio | | | | | | | | | | | | | | | | | | | | | excluding impaired loans | | 2,435,944 | | | 546,826 | | | 1,172,954 | | | - | | - | | | 116,181 | | | 4,271,905 | Covered loans held-in-portfolio | | 2,512,742 | | | 546,826 | | | 1,172,954 | | | - | | - | | | 116,181 | | | 4,348,703 | Total loans held-in-portfolio | $ | 12,486,069 | | $ | 786,765 | | $ | 6,691,414 | | $ | 648,409 | $ | 548,706 | | $ | 3,789,936 | | $ | 24,951,299 |
At March 31, 2011 | Puerto Rico | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Commercial | | Construction | | Mortgage | | Leasing | | Consumer | | Total | Allowance for credit losses: | | | | | | | | | | | | | | | | | | Specific ALLL non-covered loans | $ | 8,212 | | $ | - | | $ | 6,883 | | $ | - | | $ | - | | $ | 15,095 | General ALLL non-covered loans | | 211,002 | | | 11,438 | | | 48,984 | | | 6,608 | | | 130,184 | | | 408,216 | ALLL - non-covered loans | | 219,214 | | | 11,438 | | | 55,867 | | | 6,608 | | | 130,184 | | | 423,311 | Specific ALLL covered loans | | - | | | - | | | - | | | - | | | - | | | - | General ALLL covered loans | | 1,935 | | | 6,934 | | | 59 | | | - | | | 231 | | | 9,159 | ALLL - covered loans | | 1,935 | | | 6,934 | | | 59 | | | - | | | 231 | | | 9,159 | Total ALLL | $ | 221,149 | | $ | 18,372 | | $ | 55,926 | | $ | 6,608 | | $ | 130,415 | | $ | 432,470 | | | | | | | | | | | | | | | | | | | | Loans held-in-portfolio: | | | | | | | | | | | | | | | | | | Impaired non-covered loans | $ | 325,075 | | $ | 56,607 | | $ | 141,819 | | $ | - | | $ | - | | $ | 523,501 | Non-covered loans held-in-portfolio | | | | | | | | | | | | | | | | | | | excluding impaired loans | | 6,337,511 | | | 92,682 | | | 3,889,361 | | | 565,881 | | | 2,852,855 | | | 13,738,290 | Non-covered loans held-in-portfolio | | 6,662,586 | | | 149,289 | | | 4,031,180 | | | 565,881 | | | 2,852,855 | | | 14,261,791 | Impaired covered loans | | - | | | - | | | - | | | - | | | - | | | - | Covered loans held-in-portfolio | | | | | | | | | | | | | | | | | | | excluding impaired loans | | 2,709,130 | | | 621,187 | | | 1,247,476 | | | - | | | 151,757 | | | 4,729,550 | Covered loans held-in-portfolio | | 2,709,130 | | | 621,187 | | | 1,247,476 | | | - | | | 151,757 | | | 4,729,550 | Total loans held-in-portfolio | $ | 9,371,716 | | $ | 770,476 | | $ | 5,278,656 | | $ | 565,881 | | $ | 3,004,612 | | $ | 18,991,341 |
At March 31, 2011 | U.S. Mainland | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Commercial | | Construction | | Mortgage | | Legacy | | Consumer | | Total | Allowance for credit losses: | | | | | | | | | | | | | | | | | | Specific ALLL | $ | 1,514 | | $ | - | | $ | 1,283 | | $ | - | | $ | - | | $ | 2,797 | General ALLL | | 126,563 | | | 22,139 | | | 22,960 | | | 69,911 | | | 59,665 | | | 301,238 | Total ALLL | $ | 128,077 | | $ | 22,139 | | $ | 24,243 | | $ | 69,911 | | $ | 59,665 | | $ | 304,035 | | | | | | | | | | | | | | | | | | | | | Loans held-in-portfolio: | | | | | | | | | | | | | | | | | | Impaired loans | $ | 124,004 | | $ | 68,217 | | $ | 5,207 | | $ | 104,017 | | $ | - | | $ | 301,445 | Loans held-in-portfolio, | | | | | | | | | | | | | | | | | | | excluding impaired loans | | 3,614,695 | | | 72,377 | | | 859,295 | | | 794,755 | | | 772,431 | | | 6,113,553 | Total loans held-in-portfolio | $ | 3,738,699 | | $ | 140,594 | | $ | 864,502 | | $ | 898,772 | | $ | 772,431 | | $ | 6,414,998 |
At March 31, 2011 | Popular, Inc. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Commercial | | Construction | | Mortgage | | Legacy | Leasing | | Consumer | | Total | Allowance for credit losses: | | | | | | | | | | | | | | | | | | | | Specific ALLL non-covered loans | $ | 9,726 | | $ | - | | $ | 8,166 | | $ | - | $ | - | | $ | - | | $ | 17,892 | General ALLL non-covered loans | | 337,565 | | | 33,577 | | | 71,944 | | | 69,911 | | 6,608 | | | 189,849 | | | 709,454 | ALLL - non-covered loans | | 347,291 | | | 33,577 | | | 80,110 | | | 69,911 | | 6,608 | | | 189,849 | | | 727,346 | Specific ALLL covered loans | | - | | | - | | | - | | | - | | - | | | - | | | - | General ALLL covered loans | | 1,935 | | | 6,934 | | | 59 | | | - | | - | | | 231 | | | 9,159 | ALLL - covered loans | | 1,935 | | | 6,934 | | | 59 | | | - | | - | | | 231 | | | 9,159 | Total ALLL | $ | 349,226 | | $ | 40,511 | | $ | 80,169 | | $ | 69,911 | $ | 6,608 | | $ | 190,080 | | $ | 736,505 | | | | | | | | | | | | | | | | | | | | | | | Loans held-in-portfolio: | | | | | | | | | | | | | | | | | | | | Impaired non-covered loans | $ | 449,079 | | $ | 124,824 | | $ | 147,026 | | $ | 104,017 | $ | - | | $ | - | | $ | 824,946 | Non-covered loans held-in-portfolio | | | | | | | | | | | | | | | | | | | | | excluding impaired loans | | 9,952,206 | | | 165,059 | | | 4,748,656 | | | 794,755 | | 565,881 | | | 3,625,286 | | | 19,851,843 | Non-covered loans held-in-portfolio | | 10,401,285 | | | 289,883 | | | 4,895,682 | | | 898,772 | | 565,881 | | | 3,625,286 | | | 20,676,789 | Impaired covered loans | | - | | | - | | | - | | | - | | - | | | - | | | - | Covered loans held-in-portfolio | | | | | | | | | | | | | | | | | | | | | excluding impaired loans | | 2,709,130 | | | 621,187 | | | 1,247,476 | | | - | | - | | | 151,757 | | | 4,729,550 | Covered loans held-in-portfolio | | 2,709,130 | | | 621,187 | | | 1,247,476 | | | - | | - | | | 151,757 | | | 4,729,550 | Total loans held-in-portfolio | $ | 13,110,415 | | $ | 911,070 | | $ | 6,143,158 | | $ | 898,772 | $ | 565,881 | | $ | 3,777,043 | | $ | 25,406,339 |
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Finance Receivables Individually Evaluated For Impairment Table [Text Block] |
March 31, 2012 | 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-familiy | $ | 143 | $ | 143 | $ | - | $ | 8,629 | $ | 13,035 | $ | 8,772 | $ | 13,178 | $ | - | Commercial real estate non-owner occupied | | 23,072 | | 24,403 | | 1,988 | | 39,455 | | 43,338 | | 62,527 | | 67,741 | | 1,988 | Commercial real estate owner occupied | | 37,989 | | 50,338 | | 4,053 | | 162,233 | | 212,474 | | 200,222 | | 262,812 | | 4,053 | Commercial and industrial | | 38,950 | | 43,746 | | 5,074 | | 91,626 | | 128,809 | | 130,576 | | 172,555 | | 5,074 | Construction | | 4,716 | | 9,187 | | 1,013 | | 46,307 | | 96,665 | | 51,023 | | 105,852 | | 1,013 | Mortgage | | 375,863 | | 380,449 | | 27,096 | | 20,991 | | 20,991 | | 396,854 | | 401,440 | | 27,096 | Leasing | | 5,412 | | 5,412 | | 1,344 | | - | | - | | 5,412 | | 5,412 | | 1,344 | Consumer: | | | | | | | | | | | | | | | | | Credit cards | | 39,045 | | 39,045 | | 1,973 | | - | | - | | 39,045 | | 39,045 | | 1,973 | Personal | | 92,042 | | 92,042 | | 16,208 | | - | | - | | 92,042 | | 92,042 | | 16,208 | Other | | 4,658 | | 4,658 | | 706 | | - | | - | | 4,658 | | 4,658 | | 706 | Covered loans | | 81,675 | | 81,675 | | 32,489 | | 4,180 | | 4,180 | | 85,855 | | 85,855 | | 32,489 | Total Puerto Rico | $ | 703,565 | $ | 731,098 | $ | 91,944 | $ | 373,421 | $ | 519,492 | $ | 1,076,986 | $ | 1,250,590 | $ | 91,944 |
March 31, 2012 | U.S. mainland | | 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 | $ | - | $ | - | $ | - | $ | 11,719 | $ | 17,749 | $ | 11,719 | $ | 17,749 | $ | - | Commercial real estate non-owner occupied | | 4,364 | | 4,817 | | 1,591 | | 60,981 | | 88,638 | | 65,345 | | 93,455 | | 1,591 | Commercial real estate owner occupied | | - | | - | | - | | 41,565 | | 51,091 | | 41,565 | | 51,091 | | - | Commercial and industrial | | 4,151 | | 4,151 | | 292 | | 27,275 | | 33,453 | | 31,426 | | 37,604 | | 292 | Construction | | - | | - | | - | | 13,126 | | 15,066 | | 13,126 | | 15,066 | | - | Mortgage | | 49,136 | | 49,823 | | 13,850 | | 4,764 | | - | | 53,900 | | 49,823 | | 13,850 | Legacy | | 10,306 | | 10,306 | | 765 | | 37,425 | | 63,016 | | 47,731 | | 73,322 | | 765 | Consumer | | 2,455 | | 2,455 | | 103 | | - | | - | | 2,455 | | 2,455 | | 103 | Total U.S. mainland | $ | 70,412 | $ | 71,552 | $ | 16,601 | $ | 196,855 | $ | 269,013 | $ | 267,267 | $ | 340,565 | $ | 16,601 |
March 31, 2012 | 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 | $ | 143 | $ | 143 | $ | - | $ | 20,348 | $ | 30,784 | $ | 20,491 | $ | 30,927 | $ | - | Commercial real estate non-owner occupied | | 27,436 | | 29,220 | | 3,579 | | 100,436 | | 131,976 | | 127,872 | | 161,196 | | 3,579 | Commercial real estate owner occupied | | 37,989 | | 50,338 | | 4,053 | | 203,798 | | 263,565 | | 241,787 | | 313,903 | | 4,053 | Commercial and industrial | | 43,101 | | 47,897 | | 5,366 | | 118,901 | | 162,262 | | 162,002 | | 210,159 | | 5,366 | Construction | | 4,716 | | 9,187 | | 1,013 | | 59,433 | | 111,731 | | 64,149 | | 120,918 | | 1,013 | Mortgage | | 424,999 | | 430,272 | | 40,946 | | 25,755 | | 20,991 | | 450,754 | | 451,263 | | 40,946 | Legacy | | 10,306 | | 10,306 | | 765 | | 37,425 | | 63,016 | | 47,731 | | 73,322 | | 765 | Leasing | | 5,412 | | 5,412 | | 1,344 | | - | | - | | 5,412 | | 5,412 | | 1,344 | Consumer: | | | | | | | | | | | | | | | | | Credit cards | | 39,045 | | 39,045 | | 1,973 | | - | | - | | 39,045 | | 39,045 | | 1,973 | Personal | | 92,042 | | 92,042 | | 16,208 | | - | | - | | 92,042 | | 92,042 | | 16,208 | Other | | 7,113 | | 7,113 | | 809 | | - | | - | | 7,113 | | 7,113 | | 809 | Covered loans | | 81,675 | | 81,675 | | 32,489 | | 4,180 | | 4,180 | | 85,855 | | 85,855 | | 32,489 | Total Popular, Inc. | $ | 773,977 | $ | 802,650 | $ | 108,545 | $ | 570,276 | $ | 788,505 | $ | 1,344,253 | $ | 1,591,155 | $ | 108,545 |
December 31, 2011 | 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 | $ | 10,463 | $ | 10,463 | $ | 575 | $ | 12,206 | $ | 21,312 | $ | 22,669 | $ | 31,775 | $ | 575 | Commercial real estate non-owner occupied | | 5,909 | | 7,006 | | 836 | | 45,517 | | 47,439 | | 51,426 | | 54,445 | | 836 | Commercial real estate owner occupied | | 37,534 | | 46,806 | | 2,757 | | 165,745 | | 215,288 | | 203,279 | | 262,094 | | 2,757 | Commercial and industrial | | 42,294 | | 55,180 | | 6,239 | | 83,421 | | 108,224 | | 125,715 | | 163,404 | | 6,239 | Construction | | 1,672 | | 2,369 | | 289 | | 48,075 | | 101,042 | | 49,747 | | 103,411 | | 289 | Mortgage | | 333,346 | | 336,682 | | 14,944 | | - | | - | | 333,346 | | 336,682 | | 14,944 | Leasing | | 6,104 | | 6,104 | | 793 | | - | | - | | 6,104 | | 6,104 | | 793 | Consumer: | | | | | | | | | | | | | | | | | Credit cards | | 38,874 | | 38,874 | | 2,151 | | - | | - | | 38,874 | | 38,874 | | 2,151 | Personal | | 93,760 | | 93,760 | | 14,115 | | - | | - | | 93,760 | | 93,760 | | 14,115 | Other | | 4,948 | | 4,948 | | 649 | | - | | - | | 4,948 | | 4,948 | | 649 | Covered loans | | 75,798 | | 75,798 | | 27,086 | | 1,000 | | 1,000 | | 76,798 | | 76,798 | | 27,086 | Total Puerto Rico | $ | 650,702 | $ | 677,990 | $ | 70,434 | $ | 355,964 | $ | 494,305 | $ | 1,006,666 | $ | 1,172,295 | $ | 70,434 |
December 31, 2011 | U.S. mainland | | 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 | $ | - | $ | - | $ | - | $ | 8,655 | $ | 12,403 | $ | 8,655 | $ | 12,403 | $ | - | Commercial real estate non-owner occupied | | 1,306 | | 1,306 | | 214 | | 61,111 | | 83,938 | | 62,417 | | 85,244 | | 214 | Commercial real estate owner occupied | | 1,239 | | 1,239 | | 455 | | 46,403 | | 56,229 | | 47,642 | | 57,468 | | 455 | Commercial and industrial | | 7,390 | | 7,390 | | 662 | | 27,136 | | 29,870 | | 34,526 | | 37,260 | | 662 | Construction | | - | | - | | - | | 41,963 | | 44,751 | | 41,963 | | 44,751 | | - | Mortgage | | 39,570 | | 39,899 | | 14,119 | | 9,964 | | 9,964 | | 49,534 | | 49,863 | | 14,119 | Legacy | | 6,013 | | 6,013 | | 57 | | 42,877 | | 69,221 | | 48,890 | | 75,234 | | 57 | Consumer: | | | | | | | | | | | | | | | | | Auto | | 93 | | 93 | | 6 | | - | | - | | 93 | | 93 | | 6 | Other Consumer | | 2,433 | | 2,433 | | 125 | | - | | - | | 2,433 | | 2,433 | | 125 | Total U.S. mainland | $ | 58,044 | $ | 58,373 | $ | 15,638 | $ | 238,109 | $ | 306,376 | $ | 296,153 | $ | 364,749 | $ | 15,638 |
December 31, 2011 | 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-familiy | $ | 10,463 | $ | 10,463 | $ | 575 | $ | 20,861 | $ | 33,715 | $ | 31,324 | $ | 44,178 | $ | 575 | Commercial real estate non-owner occupied | | 7,215 | | 8,312 | | 1,050 | | 106,628 | | 131,377 | | 113,843 | | 139,689 | | 1,050 | Commercial real estate owner occupied | | 38,773 | | 48,045 | | 3,212 | | 212,148 | | 271,517 | | 250,921 | | 319,562 | | 3,212 | Commercial and industrial | | 49,684 | | 62,570 | | 6,901 | | 110,557 | | 138,094 | | 160,241 | | 200,664 | | 6,901 | Construction | | 1,672 | | 2,369 | | 289 | | 90,038 | | 145,793 | | 91,710 | | 148,162 | | 289 | Mortgage | | 372,916 | | 376,581 | | 29,063 | | 9,964 | | 9,964 | | 382,880 | | 386,545 | | 29,063 | Legacy | | 6,013 | | 6,013 | | 57 | | 42,877 | | 69,221 | | 48,890 | | 75,234 | | 57 | Leasing | | 6,104 | | 6,104 | | 793 | | - | | - | | 6,104 | | 6,104 | | 793 | Consumer: | | | | | | | | | | | | | | | | | Credit cards | | 38,874 | | 38,874 | | 2,151 | | - | | - | | 38,874 | | 38,874 | | 2,151 | Personal | | 93,760 | | 93,760 | | 14,115 | | - | | - | | 93,760 | | 93,760 | | 14,115 | Auto | | 93 | | 93 | | 6 | | - | | - | | 93 | | 93 | | 6 | Other | | 7,381 | | 7,381 | | 774 | | - | | - | | 7,381 | | 7,381 | | 774 | Covered loans | | 75,798 | | 75,798 | | 27,086 | | 1,000 | | 1,000 | | 76,798 | | 76,798 | | 27,086 | Total Popular, Inc. | $ | 708,746 | $ | 736,363 | $ | 86,072 | $ | 594,073 | $ | 800,681 | $ | 1,302,819 | $ | 1,537,044 | $ | 86,072 |
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Impaired Loans Average Investment Interest Income Table [Text Block] |
March 31, 2012 | | Puerto Rico | | U.S. Mainland | | Popular, Inc. | | Average | | Interest | | Average | | Interest | | Average | | Interest | | recorded | | income | | recorded | | income | | recorded | | income | (In thousands) | investment | | recognized | | investment | | recognized | | investment | | recognized | Commercial multi-familiy | $ | 15,721 | | $ | - | | $ | 10,187 | | $ | 90 | | $ | 25,908 | | $ | 90 | Commercial real estate non-owner occupied | | 56,977 | | | 181 | | | 63,881 | | | 487 | | | 120,858 | | | 668 | Commercial real estate owner occupied | | 201,750 | | | 576 | | | 44,604 | | | - | | | 246,354 | | | 576 | Commercial and industrial | | 128,146 | | | 483 | | | 32,976 | | | 37 | | | 161,122 | | | 520 | Construction | | 50,385 | | | 16 | | | 27,545 | | | - | | | 77,930 | | | 16 | Mortgage | | 365,100 | | | 5,573 | | | 51,717 | | | 482 | | | 416,817 | | | 6,055 | Legacy | | - | | | - | | | 48,311 | | | 46 | | | 48,311 | | | 46 | Leasing | | 5,758 | | | - | | | - | | | - | | | 5,758 | | | - | Consumer: | | | | | | | | | | | | | | | | | | Credit cards | | 38,959 | | | - | | | - | | | - | | | 38,959 | | | - | Personal | | 92,901 | | | - | | | - | | | - | | | 92,901 | | | - | Auto | | - | | | - | | | 46 | | | - | | | 46 | | | - | Other | | 4,803 | | | - | | | 2,444 | | | - | | | 7,247 | | | - | Covered loans | | 81,327 | | | - | | | - | | | - | | | 81,327 | | | - | Total Popular, Inc. | $ | 1,041,827 | | $ | 6,829 | | $ | 281,711 | | $ | 1,142 | | $ | 1,323,538 | | $ | 7,971 |
March 31, 2011 | | Puerto Rico | | U.S. Mainland | | Popular, Inc. | | Average | | Interest | | Average | | Interest | | Average | | Interest | | recorded | | income | | recorded | | income | | recorded | | income | (In thousands) | investment | | recognized | | investment | | recognized | | investment | | recognized | Commercial multi-familiy | $ | 14,744 | | $ | 106 | | $ | 5,982 | | $ | - | | $ | 20,726 | | $ | 106 | Commercial real estate non-owner occupied | | 27,542 | | | 117 | | | 92,583 | | | 114 | | | 120,125 | | | 231 | Commercial real estate owner occupied | | 183,972 | | | 446 | | | 14,527 | | | 69 | | | 198,499 | | | 515 | Commercial and industrial | | 91,570 | | | 252 | | | 10,409 | | | 31 | | | 101,979 | | | 283 | Construction | | 61,153 | | | 49 | | | 116,921 | | | 124 | | | 178,074 | | | 173 | Mortgage | | 131,514 | | | 1,914 | | | 2,603 | | | 98 | | | 134,117 | | | 2,012 | Legacy | | - | | | - | | | 58,202 | | | 28 | | | 58,202 | | | 28 | Consumer: | | | | | | | | | | | | | | | | | | Total Popular, Inc. | $ | 510,495 | | $ | 2,884 | | $ | 301,227 | | $ | 464 | | $ | 811,722 | | $ | 3,348 |
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Troubled Debt Restructurings Loan Count By Type Of Modification Table [Text Block] |
Puerto Rico | For the quarter ended March 31, 2012 | | Reduction in interest rate | | Extension of maturity date | | Combination of reduction in interest rate and extension of maturity date | | Other | Commercial multi-family | - | | - | | - | | - | Commercial real estate non-owner occupied | 1 | | 3 | | - | | - | Commercial real estate owner occupied | 2 | | 8 | | - | | - | Commercial and industrial | 17 | | 31 | | - | | - | Construction | 1 | | 1 | | - | | - | Mortgage | 36 | | 41 | | 335 | | 45 | Leasing | - | | 28 | | - | | - | Consumer: | | | | | | | | Credit cards | 547 | | - | | - | | 340 | HELOCs | - | | - | | - | | - | Personal | 388 | | 9 | | - | | - | Auto | - | | - | | 2 | | - | Other | 11 | | - | | - | | - | Total | 1,003 | | 121 | | 337 | | 385 |
U.S. mainland | For the quarter ended March 31, 2012 | | Reduction in interest rate | | Extension of maturity date | | Combination of reduction in interest rate and extension of maturity date | | Other | Commercial multi-family | - | | - | | - | | - | Commercial real estate non-owner occupied | - | | - | | - | | 1 | Commercial real estate owner occupied | - | | - | | - | | - | Commercial and industrial | - | | - | | - | | - | Construction | - | | - | | - | | 1 | Mortgage | 2 | | - | | 25 | | - | Legacy | - | | - | | - | | 2 | Consumer: | | | | | | | | Credit cards | - | | - | | - | | - | HELOCs | - | | - | | - | | - | Personal | - | | - | | - | | - | Auto | - | | - | | - | | - | Other | - | | - | | - | | - | Total | 2 | | - | | 25 | | 4 |
Popular, Inc. | For the quarter ended March 31, 2012 | | Reduction in interest rate | | Extension of maturity date | | Combination of reduction in interest rate and extension of maturity date | | Other | Commercial multi-family | - | | - | | - | | - | Commercial real estate non-owner occupied | 1 | | 3 | | - | | 1 | Commercial real estate owner occupied | 2 | | 8 | | - | | - | Commercial and industrial | 17 | | 31 | | - | | - | Construction | 1 | | 1 | | - | | 1 | Mortgage | 38 | | 41 | | 360 | | 45 | Legacy | - | | - | | - | | 2 | Leasing | - | | 28 | | - | | - | Consumer: | | | | | | | | Credit cards | 547 | | - | | - | | 340 | HELOCs | - | | - | | - | | - | Personal | 388 | | 9 | | - | | - | Auto | - | | - | | 2 | | - | Other | 11 | | - | | - | | - | Total | 1,005 | | 121 | | 362 | | 389 |
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Troubled Debt Restructurings on Financing Receivables [Table Text Block] |
Puerto Rico | For the quarter ended March 31, 2012 | (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 | - | $ | - | $ | - | $ | - | Commercial real estate non-owner occupied | 4 | | 878 | | 878 | | (38) | Commercial real estate owner occupied | 10 | | 3,212 | | 3,212 | | (37) | Commercial and industrial | 48 | | 6,373 | | 6,373 | | 21 | Construction | 2 | | 1,097 | | 1,097 | | 52 | Mortgage | 457 | | 61,916 | | 62,510 | | 4,644 | Leasing | 28 | | 510 | | 486 | | 50 | Consumer: | | | | | | | | Credit cards | 887 | | 7,225 | | 8,366 | | 40 | HELOCs | - | | - | | - | | - | Personal | 397 | | 4,782 | | 4,788 | | 720 | Auto | 2 | | 45 | | 24 | | (1) | Other | 11 | | 41 | | 41 | | - | Total | 1,846 | $ | 86,079 | $ | 87,775 | $ | 5,451 |
U.S. Mainland | For the quarter ended March 31, 2012 | (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 | - | $ | - | $ | - | $ | - | Commercial real estate non-owner occupied | 1 | | 3,545 | | 3,545 | | - | Commercial real estate owner occupied | - | | - | | - | | - | Commercial and industrial | - | | - | | - | | - | Construction | 1 | | 1,573 | | 1,573 | | - | Mortgage | 27 | | 3,021 | | 3,111 | | 478 | Legacy | 2 | | 951 | | 951 | | - | Consumer: | | | | | | | | Credit cards | - | | - | | - | | - | HELOCs | - | | - | | - | | - | Personal | - | | - | | - | | - | Auto | - | | - | | - | | - | Other | - | | - | | - | | - | Total | 31 | $ | 9,090 | $ | 9,180 | $ | 478 |
Popular, Inc. | For the quarter ended March 31, 2012 | (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 | - | $ | - | $ | - | $ | - | Commercial real estate non-owner occupied | 5 | | 4,423 | | 4,423 | | (38) | Commercial real estate owner occupied | 10 | | 3,212 | | 3,212 | | (37) | Commercial and industrial | 48 | | 6,373 | | 6,373 | | 21 | Construction | 3 | | 2,670 | | 2,670 | | 52 | Mortgage | 484 | | 64,937 | | 65,621 | | 5,122 | Legacy | 2 | | 951 | | 951 | | - | Leasing | 28 | | 510 | | 486 | | 50 | Consumer: | | | | | | | | Credit cards | 887 | | 7,225 | | 8,366 | | 40 | HELOCs | - | | - | | - | | - | Personal | 397 | | 4,782 | | 4,788 | | 720 | Auto | 2 | | 45 | | 24 | | (1) | Other | 11 | | 41 | | 41 | | - | Total | 1,877 | $ | 95,169 | $ | 96,955 | $ | 5,929 |
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T D R Loans Subsequent Default Table [Text Block] |
Puerto Rico | Defaulted during the quarter ended March 31, 2012 | (Dollars In thousands) | Loan count | Recorded investment as of first default date during the quarter ended March 31, 2012 | Commercial multi-family | - | $ | - | Commercial real estate non-owner occupied | 1 | | 1,770 | Commercial real estate owner occupied | 7 | | 1,746 | Commercial and industrial | 7 | | 1,070 | Construction | - | | - | Mortgage | 159 | | 23,088 | Leasing | 9 | | 369 | Consumer: | | | | Credit cards | 240 | | 2,046 | HELOCs | - | | - | Personal | 96 | | 739 | Auto | - | | - | Other | 1 | | 1 | Total | 520 | $ | 30,829 |
U.S. mainland | Defaulted during the quarter ended March 31, 2012 | (Dollars In thousands) | Loan count | Recorded investment as of first default date during the quarter ended March 31, 2012 | Commercial multi-family | - | $ | - | Commercial real estate non-owner occupied | 1 | | 1,935 | Commercial real estate owner occupied | - | | - | Commercial and industrial | - | | - | Construction | - | | - | Mortgage | 3 | | 413 | Legacy | - | | - | Consumer: | | | | Credit cards | - | | - | HELOCs | - | | - | Personal | - | | - | Auto | - | | - | Other | - | | - | Total | 4 | $ | 2,348 |
Popular, Inc. | Defaulted during the quarter ended March 31, 2012 | (Dollars In thousands) | Loan count | Recorded investment as of first default date during the quarter ended March 31, 2012 | Commercial multi-family | - | $ | - | Commercial real estate non-owner occupied | 2 | | 3,705 | Commercial real estate owner occupied | 7 | | 1,746 | Commercial and industrial | 7 | | 1,070 | Construction | - | | - | Mortgage | 162 | | 23,501 | Legacy | - | | - | Leasing | 9 | | 369 | Consumer: | | | | Credit cards | 240 | | 2,046 | HELOCs | - | | - | Personal | 96 | | 739 | Auto | - | | - | Other | 1 | | 1 | Total | 524 | $ | 33,177 |
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Financing Receivable Credit Quality Indicators Table Text Block |
March 31, 2012 | | | | | Special | | | | | | | | | Pass/ | | | (In thousands) | Watch | Mention | Substandard | Doubtful | Loss | Sub-total | Unrated | Total | Puerto Rico[1] | | | | | | | | | | | | | | | | | Commercial multi-family | $ | 411 | $ | 690 | $ | 15,748 | $ | - | $ | - | $ | 16,849 | $ | 92,729 | $ | 109,578 | Commercial real estate non-owner occupied | | 161,701 | | 128,583 | | 211,376 | | 2,802 | | - | | 504,462 | | 774,203 | | 1,278,665 | Commercial real estate owner occupied | | 185,413 | | 188,528 | | 677,087 | | 3,560 | | - | | 1,054,588 | | 1,033,377 | | 2,087,965 | Commercial and industrial | | 330,584 | | 268,899 | | 476,301 | | 3,223 | | 1,084 | | 1,080,091 | | 1,873,370 | | 2,953,461 | | Total Commercial | | 678,109 | | 586,700 | | 1,380,512 | | 9,585 | | 1,084 | | 2,655,990 | | 3,773,679 | | 6,429,669 | Construction | | 2,557 | | 31,886 | | 65,463 | | 1,312 | | - | | 101,218 | | 74,550 | | 175,768 | Mortgage | | - | | - | | 610,678 | | - | | - | | 610,678 | | 4,149,667 | | 4,760,345 | Leasing | | - | | - | | 3,385 | | - | | 2,289 | | 5,674 | | 537,640 | | 543,314 | Consumer | | - | | - | | 47,022 | | - | | 4,020 | | 51,042 | | 2,900,461 | | 2,951,503 | Total Puerto Rico | $ | 680,666 | $ | 618,586 | $ | 2,107,060 | $ | 10,897 | $ | 7,393 | $ | 3,424,602 | $ | 11,435,997 | $ | 14,860,599 | U.S. mainland | | | | | | | | | | | | | | | | | Commercial multi-family | $ | 71,457 | $ | 10,546 | $ | 75,719 | $ | - | $ | - | $ | 157,722 | $ | 534,986 | $ | 692,708 | Commercial real estate non-owner occupied | | 167,425 | | 49,888 | | 242,138 | | - | | - | | 459,451 | | 903,245 | | 1,362,696 | Commercial real estate owner occupied | | 27,156 | | 13,717 | | 143,120 | | - | | - | | 183,993 | | 393,593 | | 577,586 | Commercial and industrial | | 24,199 | | 32,386 | | 90,819 | | - | | - | | 147,404 | | 658,179 | | 805,583 | | Total Commercial | | 290,237 | | 106,537 | | 551,796 | | - | | - | | 948,570 | | 2,490,003 | | 3,438,573 | Construction | | 1,515 | | - | | 35,262 | | - | | - | | 36,777 | | 24,034 | | 60,811 | Mortgage | | - | | - | | 33,767 | | - | | - | | 33,767 | | 797,633 | | 831,400 | Legacy | | 37,138 | | 37,898 | | 141,124 | | - | | - | | 216,160 | | 387,714 | | 603,874 | Consumer | | - | | - | | 6,741 | | - | | 7,818 | | 14,559 | | 668,858 | | 683,417 | Total U.S. mainland | $ | 328,890 | $ | 144,435 | $ | 768,690 | $ | - | $ | 7,818 | $ | 1,249,833 | $ | 4,368,242 | $ | 5,618,075 | Popular, Inc. | | | | | | | | | | | | | | | | | Commercial multi-family | $ | 71,868 | $ | 11,236 | $ | 91,467 | $ | - | $ | - | $ | 174,571 | $ | 627,715 | $ | 802,286 | Commercial real estate non-owner occupied | | 329,126 | | 178,471 | | 453,514 | | 2,802 | | - | | 963,913 | | 1,677,448 | | 2,641,361 | Commercial real estate owner occupied | | 212,569 | | 202,245 | | 820,207 | | 3,560 | | - | | 1,238,581 | | 1,426,970 | | 2,665,551 | Commercial and industrial | | 354,783 | | 301,285 | | 567,120 | | 3,223 | | 1,084 | | 1,227,495 | | 2,531,549 | | 3,759,044 | | Total Commercial | | 968,346 | | 693,237 | | 1,932,308 | | 9,585 | | 1,084 | | 3,604,560 | | 6,263,682 | | 9,868,242 | Construction | | 4,072 | | 31,886 | | 100,725 | | 1,312 | | - | | 137,995 | | 98,584 | | 236,579 | Mortgage | | - | | - | | 644,445 | | - | | - | | 644,445 | | 4,947,300 | | 5,591,745 | Legacy | | 37,138 | | 37,898 | | 141,124 | | - | | - | | 216,160 | | 387,714 | | 603,874 | Leasing | | - | | - | | 3,385 | | - | | 2,289 | | 5,674 | | 537,640 | | 543,314 | Consumer | | - | | - | | 53,763 | | - | | 11,838 | | 65,601 | | 3,569,319 | | 3,634,920 | Total Popular, Inc. | $ | 1,009,556 | $ | 763,021 | $ | 2,875,750 | $ | 10,897 | $ | 15,211 | $ | 4,674,435 | $ | 15,804,239 | $ | 20,478,674 | | | | | | | | | | | | | | | | | | | The following table presents the weighted average obligor risk rating at March 31, 2012 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:[1] | | | | | Substandard | | | | | | | Pass | | | Commercial multi-family | | | | | | 11.93 | | | | | | | | 5.99 | | | Commercial real estate non-owner occupied | | | | | | 11.28 | | | | | | | | 7.08 | | | Commercial real estate owner occupied | | | | | | 11.56 | | | | | | | | 6.83 | | | Commercial and industrial | | | | | | 11.38 | | | | | | | | 6.81 | | | | Total Commercial | | | | | | 11.46 | | | | | | | | 6.87 | | | Construction | | | | | | 11.77 | | | | | | | | 7.93 | | | | | | | | | | | | | | | | | | | | | U.S. mainland: | | | | | Substandard | | | | | | | Pass | | | Commercial multi-family | | | | | | 11.22 | | | | | | | | 7.11 | | | Commercial real estate non-owner occupied | | | | | | 11.36 | | | | | | | | 6.98 | | | Commercial real estate owner occupied | | | | | | 11.37 | | | | | | | | 7.00 | | | Commercial and industrial | | | | | | 11.44 | | | | | | | | 6.88 | | | | Total Commercial | | | | | | 11.36 | | | | | | | | 6.87 | | | Construction | | | | | | 11.37 | | | | | | | | 7.68 | | | Legacy | | | | | | 11.50 | | | | | | | | 7.46 | | |
December 31, 2011 | | | | | Special | | | | | | | | | Pass/ | | | (In thousands) | Watch | Mention | Substandard | Doubtful | Loss | Sub-total | Unrated | Total | Puerto Rico[1] | | | | | | | | | | | | | | | | | Commercial multi-family | $ | 420 | $ | 698 | $ | 11,848 | $ | - | $ | - | $ | 12,966 | $ | 110,150 | $ | 123,116 | Commercial real estate non-owner occupied | | 177,523 | | 134,266 | | 210,596 | | 2,886 | | - | | 525,271 | | 736,235 | | 1,261,506 | Commercial real estate owner occupied | | 201,375 | | 192,591 | | 680,912 | | 4,631 | | - | | 1,079,509 | | 1,151,917 | | 2,231,426 | Commercial and industrial | | 248,188 | | 282,935 | | 439,853 | | 3,326 | | 1,458 | | 975,760 | | 1,878,774 | | 2,854,534 | | Total Commercial | | 627,506 | | 610,490 | | 1,343,209 | | 10,843 | | 1,458 | | 2,593,506 | | 3,877,076 | | 6,470,582 | Construction | | 2,245 | | 27,820 | | 69,562 | | 1,586 | | - | | 101,213 | | 59,728 | | 160,941 | Mortgage | | - | | - | | 626,771 | | - | | - | | 626,771 | | 4,062,712 | | 4,689,483 | Leasing | | - | | - | | 1,365 | | - | | 4,277 | | 5,642 | | 543,064 | | 548,706 | Consumer | | - | | - | | 53,648 | | - | | 4,015 | | 57,663 | | 2,912,764 | | 2,970,427 | Total Puerto Rico | $ | 629,751 | $ | 638,310 | $ | 2,094,555 | $ | 12,429 | $ | 9,750 | $ | 3,384,795 | $ | 11,455,344 | $ | 14,840,139 | U.S. mainland | | | | | | | | | | | | | | | | | Commercial multi-family | $ | 71,335 | $ | 8,230 | $ | 69,400 | $ | - | $ | - | $ | 148,965 | $ | 536,852 | $ | 685,817 | Commercial real estate non-owner occupied | | 192,080 | | 48,085 | | 231,266 | | - | | - | | 471,431 | | 932,562 | | 1,403,993 | Commercial real estate owner occupied | | 21,109 | | 20,859 | | 146,367 | | - | | - | | 188,335 | | 397,505 | | 585,840 | Commercial and industrial | | 30,020 | | 26,131 | | 102,607 | | - | | - | | 158,758 | | 668,337 | | 827,095 | | Total Commercial | | 314,544 | | 103,305 | | 549,640 | | - | | - | | 967,489 | | 2,535,256 | | 3,502,745 | Construction | | 3,202 | | 10,609 | | 54,096 | | - | | - | | 67,907 | | 11,091 | | 78,998 | Mortgage | | - | | - | | 37,236 | | - | | - | | 37,236 | | 791,741 | | 828,977 | Legacy | | 34,233 | | 38,724 | | 148,629 | | - | | - | | 221,586 | | 426,823 | | 648,409 | Consumer | | - | | - | | 5,667 | | - | | 6,711 | | 12,378 | | 690,950 | | 703,328 | Total U.S. mainland | $ | 351,979 | $ | 152,638 | $ | 795,268 | $ | - | $ | 6,711 | $ | 1,306,596 | $ | 4,455,861 | $ | 5,762,457 | Popular, Inc. | | | | | | | | | | | | | | | | | Commercial multi-family | $ | 71,755 | $ | 8,928 | $ | 81,248 | $ | - | $ | - | $ | 161,931 | $ | 647,002 | $ | 808,933 | Commercial real estate non-owner occupied | | 369,603 | | 182,351 | | 441,862 | | 2,886 | | - | | 996,702 | | 1,668,797 | | 2,665,499 | Commercial real estate owner occupied | | 222,484 | | 213,450 | | 827,279 | | 4,631 | | - | | 1,267,844 | | 1,549,422 | | 2,817,266 | Commercial and industrial | | 278,208 | | 309,066 | | 542,460 | | 3,326 | | 1,458 | | 1,134,518 | | 2,547,111 | | 3,681,629 | | Total Commercial | | 942,050 | | 713,795 | | 1,892,849 | | 10,843 | | 1,458 | | 3,560,995 | | 6,412,332 | | 9,973,327 | Construction | | 5,447 | | 38,429 | | 123,658 | | 1,586 | | - | | 169,120 | | 70,819 | | 239,939 | Mortgage | | - | | - | | 664,007 | | - | | - | | 664,007 | | 4,854,453 | | 5,518,460 | Legacy | | 34,233 | | 38,724 | | 148,629 | | - | | - | | 221,586 | | 426,823 | | 648,409 | Leasing | | - | | - | | 1,365 | | - | | 4,277 | | 5,642 | | 543,064 | | 548,706 | Consumer | | - | | - | | 59,315 | | - | | 10,726 | | 70,041 | | 3,603,714 | | 3,673,755 | Total Popular, Inc. | $ | 981,730 | $ | 790,948 | $ | 2,889,823 | $ | 12,429 | $ | 16,461 | $ | 4,691,391 | $ | 15,911,205 | $ | 20,602,596 | | | | | | | | | | | | | | | | | | | The following table presents the weighted average obligor risk rating at December 31, 2011 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:[1] | | | | | Substandard | | | | | | | Pass | | | Commercial multi-family | | | | | | 11.91 | | | | | | | | 5.92 | | | Commercial real estate non-owner occupied | | | | | | 11.23 | | | | | | | | 7.16 | | | Commercial real estate owner occupied | | | | | | 11.56 | | | | | | | | 6.85 | | | Commercial and industrial | | | | | | 11.40 | | | | | | | | 6.62 | | | | Total Commercial | | | | | | 11.46 | | | | | | | | 6.79 | | | Construction | | | | | | 11.76 | | | | | | | | 7.84 | | | | | | | | | | | | | | | | | | | | | U.S. mainland: | | | | | Substandard | | | | | | | Pass | | | Commercial multi-family | | | | | | 11.20 | | | | | | | | 7.09 | | | Commercial real estate non-owner occupied | | | | | | 11.35 | | | | | | | | 7.00 | | | Commercial real estate owner occupied | | | | | | 11.41 | | | | | | | | 7.04 | | | Commercial and industrial | | | | | | 11.39 | | | | | | | | 6.85 | | | | Total Commercial | | | | | | 11.35 | | | | | | | | 6.99 | | | Construction | | | | | | 11.78 | | | | | | | | 7.52 | | | Legacy | | | | | | 11.45 | | | | | | | | 7.47 | | |
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