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Segment reporting (Tables)

3 Months Ended

Mar. 31, 2012

Schedule Of Segment Reporting Information By Segment Text Block

For the quarter ended March 31, 2012
		Banco Popular		Banco Popular		Intersegment
(In thousands)		de Puerto Rico		North America		Eliminations
Net interest income	$	290,107	$	74,075	$	-
Provision for loan losses		85,857		14,726		-
Non-interest income		113,734		15,456		-
Amortization of intangibles		1,913		680		-
Depreciation expense		9,387		2,029		-
Loss on early extinguishment of debt		69		-		-
Other operating expenses		222,357		61,882		-
Income tax expense		17,353		936		-
Net income	$	66,905	$	9,278	$	-
Segment assets	$	28,026,771	$	8,664,824	$	(12,300)

For the quarter ended March 31, 2012
		Reportable
(In thousands)		Segments		Corporate		Eliminations		Total Popular, Inc.
Net interest income (loss)	$	364,182	$	(26,816)	$	216	$	337,582
Provision for loan losses		100,583		140		-		100,723
Non-interest income		129,190		11,506		(16,788)		123,908
Amortization of intangibles		2,593		-		-		2,593
Depreciation expense		11,416		340		-		11,756
Loss on early extinguishment of debt		69		-		-		69
Other operating expenses		284,239		14,826		(17,316)		281,749
Income tax expense (benefit)		18,289		(2,296)		199		16,192
Net income (loss)	$	76,183	$	(28,320)	$	545	$	48,408
Segment assets	$	36,679,295	$	5,342,418	$	(4,972,492)	$	37,049,221

For the quarter ended March 31, 2011
		Banco Popular		Banco Popular		Intersegment
(In thousands)		de Puerto Rico		North America		Eliminations
Net interest income	$	295,445	$	74,814	$	-
Provision for loan losses		67,256		8,063		-
Non-interest income		121,727		17,417		-
Amortization of intangibles		1,575		680		-
Depreciation expense		9,632		1,991		-
Loss on early extinguishment of debt		239		-		-
Other operating expenses		188,730		58,227		-
Income tax expense		146,144		938		-
Net income	$	3,596	$	22,332	$	-
Segment assets	$	29,452,947	$	8,975,972	$	(26,335)

For the quarter ended March 31, 2011
		Reportable
(In thousands)		Segments		Corporate		Eliminations		Total Popular, Inc.
Net interest income (expense)	$	370,259	$	(27,207)	$	307	$	343,359
Provision for loan losses		75,319		-		-		75,319
Non-interest income		139,144		42,242		(17,018)		164,368
Amortization of intangibles		2,255		-		-		2,255
Depreciation expense		11,623		437		-		12,060
Loss on early extinguishment of debt		239		8,000		-		8,239
Other operating expenses		246,957		23,093		(17,555)		252,495
Income tax expense (benefit)		147,082		(158)		303		147,227
Net income (loss)	$	25,928	$	(16,337)	$	541	$	10,132
Segment assets	$	38,402,584	$	5,459,100	$	(5,031,891)	$	38,829,793

For the quarter ended March 31, 2012
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	$	100,196	$	186,258	$	3,649	$	4	$	290,107
Provision for loan losses		13,698		72,159		-		-		85,857
Non-interest income		21,092		66,004		26,664		(26)		113,734
Amortization of intangibles		9		1,708		196		-		1,913
Depreciation expense		4,168		4,979		240		-		9,387
Loss on early extinguishment of debt		69		-		-		-		69
Other operating expenses		61,181		143,847		17,355		(26)		222,357
Income tax expense		9,762		4,301		3,288		2		17,353
Net income	$	32,401	$	25,268	$	9,234	$	2	$	66,905
Segment assets	$	13,853,077	$	19,985,139	$	568,375	$	(6,379,820)	$	28,026,771

For the quarter ended March 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	$	119,560	$	173,470	$	2,374	$	41	$	295,445
Provision for loan losses		27,895		39,361		-		-		67,256
Non-interest income		45,358		54,901		21,523		(55)		121,727
Amortization of intangibles		26		1,394		155		-		1,575
Depreciation expense		4,379		5,016		237		-		9,632
Loss on early extinguishment of debt		239		-		-		-		239
Other operating expenses		54,908		118,227		15,650		(55)		188,730
Income tax expense		76,840		66,844		2,444		16		146,144
Net income (loss)	$	631	$	(2,471)	$	5,411	$	25	$	3,596
Segment assets	$	15,607,809	$	21,285,084	$	459,462	$	(7,899,408)	$	29,452,947

For the quarter ended March 31, 2012
Banco Popular North America
(In thousands)		Banco Popular North America		E-LOAN		Eliminations		Total Banco Popular North America
Net interest income	$	73,607	$	468	$	-	$	74,075
Provision for loan losses		9,396		5,330		-		14,726
Non-interest income		15,292		164		-		15,456
Amortization of intangibles		680		-		-		680
Depreciation expense		2,029		-		-		2,029
Other operating expenses		61,023		859		-		61,882
Income tax expense		936		-		-		936
Net income ( loss)	$	14,835	$	(5,557)	$	-	$	9,278
Segment assets	$	9,387,896	$	412,726	$	(1,135,798)	$	8,664,824

For the quarter ended March 31, 2011
Banco Popular North America
								Total Banco
		Banco Popular						Popular North
(In thousands)		North America		E-LOAN		Eliminations		America
Net interest income	$	74,300	$	514	$	-	$	74,814
Provision for loan losses		605		7,458		-		8,063
Non-interest income		17,374		43		-		17,417
Amortization of intangibles		680		-		-		680
Depreciation expense		1,991		-		-		1,991
Other operating expenses		55,955		2,272		-		58,227
Income tax expense		938		-		-		938
Net income (loss)	$	31,505	$	(9,173)	$	-	$	22,332
Segment assets	$	9,645,089	$	474,834	$	(1,143,951)	$	8,975,972

Schedule Of Revenue From External Customers Attributed To Foreign Countries By Geographic Area Text Block

Geographic Information
		Quarter ended
(In thousands)		March 31, 2012		March 31, 2011
Revenues:^[1]
Puerto Rico	$	353,510	$	396,249
United States		83,724		88,404
Other		24,256		23,074
Total consolidated revenues	$	461,490	$	507,727

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

Selected Balance Sheet Information:
(In thousands)		March 31, 2012		December 31, 2011		March 31, 2011
Puerto Rico
Total assets	$	26,980,854	$	27,410,644	$	28,582,499
Loans		18,482,906		18,594,751		18,723,166
Deposits		19,915,877		20,696,606		19,524,566
United States
Total assets	$	8,829,183	$	8,708,709	$	9,098,562
Loans		5,707,884		5,845,359		6,483,596
Deposits		6,240,063		6,151,959		6,570,511
Other
Total assets	$	1,239,184	$	1,229,079	$	1,148,732
Loans		871,268		874,282		769,255
Deposits ^[1]		1,041,796		1,093,562		1,101,597
[1] Represents deposits from BPPR operations located in the U.S. 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.

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- 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