XML 186 R58.htm IDEA: XBRL DOCUMENT v2.4.0.6
Related party transactions with affiliated company (Tables)
 6 Months Ended
Jun. 30, 2012
Schedule Equity Method Investments Evertec
(In thousands) June 30, 2012   December 31, 2011
Equity investment in EVERTEC$ 61,924 $ 191,072
Intra-company eliminations (detailed in next table)  26,183   11,944
Equity investment in EVERTEC, considering intra-company eliminations$ 88,107 $ 203,016
Prlp2011 Holdings Llc Joint Venture [Member]
  
Income Statement Data Resulting From Related Party Transactions Table [Text Block]
   Quarter ended June 30, 2012 Six months ended June 30, 2012 
(In thousands)100%Popular's 24.9% interest (eliminations)75.1% majority interest100%Popular's 24.9% interest (eliminations)75.1% majority interestCategory
Interest income on loan to PRLP 2011 Holdings, LLC$ 726$ 181$ 545$ 1,511$ 376$ 1,135Interest income
Balance Sheet Data Resulting From Related Party Transactions Table [Text Block]
 At June 30, 2012At December 31, 2011
(In thousands) 100%Popular's 24.9% interest (eliminations)75.1% majority interest 100%Popular's 24.9% interest (eliminations)75.1% majority interest
Loans$ 73,827$ 18,383$ 55,444$ 86,167$ 21,456$ 64,711
Deposits (non-interest bearing)  4,484  1,117  3,367  64  16  48
Accrued interest receivable  204  50  154  -  -  -
Total$ 69,547$ 17,316$ 52,231$ 86,103$ 21,440$ 64,663
E V E R T E C Inc [Member]
  
Proportionate Share Of Income Loss From Evertec Minority Interest Table [Text Block]
  Quarter ended  Six months ended
  June 30,  June 30,
(In thousands) 2012  2012
Share of (loss) income from the equity investment in EVERTEC$ (45) $ 1,685
Intra-company eliminations considered in other operating income (detailed in next table)  (12,929)   (26,274)
Share of loss from equity investment in EVERTEC, net of eliminations$ (12,974) $ (24,589)

  Quarter ended  Six months ended
  June 30,  June 30,
(In thousands) 2011  2011
Share of income from the equity investment in EVERTEC$ 705 $ 12,496
Intra-company eliminations considered in other operating income (detailed in next table)  (12,748)   (26,460)
Share of loss from equity investment in EVERTEC, net of eliminations$ (12,043) $ (13,964)
Income Statement Data Resulting From Related Party Transactions Table [Text Block]
 Quarter ended Six months ended 
  June 30, 2012 June 30, 2012 
(In thousands)100%Popular's 48.5% interest (eliminations)51.5% majority interest100%Popular's 48.5% interest (eliminations)51.5% majority interestCategory
Interest income on loan to EVERTEC$ 825$ 381$ 444$ 1,648$ 784$ 864Interest income
Interest income on investment securities issued by EVERTEC  962  445  517  1,925  917  1,008Interest income
Interest expense on deposits  (64)  (28)  (36)  (174)  (82)  (92)Interest expense
ATH and credit cards interchange income from services to EVERTEC  6,420  2,960  3,460  12,273  5,828  6,445Other service fees
Processing fees on services provided by EVERTEC  (37,855)  (17,545)  (20,310)  (74,514)  (35,508)  (39,006)Professional fees
Rental income charged to EVERTEC  1,673  773  900  3,355  1,597  1,758Net occupancy
Transition services provided to EVERTEC  190  85  105  403  190  213Other operating expenses
Total$ (27,849)$ (12,929)$ (14,920)$ (55,084)$ (26,274)$ (28,810) 

 Quarter ended Six months ended 
  June 30, 2011 June 30, 2011 
(In thousands)100%Popular's 49% interest (eliminations)51% majority interest100%Popular's 49% interest (eliminations)51% majority interestCategory
Interest income on loan to EVERTEC$ 881$ 431$ 450$ 1,937$ 949$ 988Interest income
Interest income on investment securities issued by EVERTEC  962  471  491  1,925  943  982Interest income
Interest expense on deposits  (107)  (52)  (55)  (402)  (197)  (205)Interest expense
ATH and credit cards interchange income from services to EVERTEC  7,279  3,567  3,712  14,072  6,895  7,177Other service fees
Processing fees on services provided by EVERTEC  (37,122)  (18,190)  (18,932)  (75,800)  (37,142)  (38,658)Professional fees
Rental income charged to EVERTEC  1,797  880  917  3,604  1,766  1,838Net occupancy
Transition services provided to EVERTEC  297  145  152  666  326  340Other operating expenses
Total$ (26,013)$ (12,748)$ (13,265)$ (53,998)$ (26,460)$ (27,538) 
Balance Sheet Data Resulting From Related Party Transactions Table [Text Block]
 At June 30, 2012 At December 31, 2011
(In thousands) 100%Popular's 48.5% interest (eliminations)51.5% majority interest  100%Popular's 49% interest (eliminations)51% majority interest
Loans$ 53,398$ 25,898$ 27,500 $ 53,215$ 26,075$ 27,140
Investment securities  35,000  16,975  18,025   35,000  17,150  17,850
Deposits  22,095  10,716  11,379   54,288  26,601  27,687
Accounts receivables (Other assets)  3,191  1,547  1,644   5,132  2,515  2,617
Accounts payable (Other liabilities)  15,508  7,521  7,987   14,684  7,195  7,489
Total$ 53,986$ 26,183$ 27,803 $ 24,375$ 11,944$ 12,431