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Fair value of financial instruments - Carrying or notional amounts and estimated fair values for financial instruments (Details) - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Mar. 31, 2019
Dec. 31, 2018
Carrying amount        
Financial Assets:        
Cash and due from banks $ 445,551,000 $ 388,311,000    
Money market investments 5,941,716,000 3,262,286,000    
Trading account debt securities, excluding derivatives 42,545,000 40,321,000    
Debt Securities Available for Sale, at Fair Value 15,813,301,000 17,648,473,000    
Debt securities held-to-maturity, net 81,873,000 97,662,000    
Equity securities:        
FHLB Stock 46,316,000 43,787,000    
FRB stock 93,838,000 93,470,000    
Other investments 22,904,000 22,630,000    
Equity securities 163,058,000 159,887,000    
Loans held-for-sale 87,855,000 59,203,000    
Loans held in portfolio, net 26,742,556,000 26,929,165,000    
Mortgage servicing rights 147,311,000 150,906,000    
Derivatives 9,534,000 17,966,000    
Deposits        
Demand deposits 36,269,352,000 36,083,809,000    
Time deposits 8,527,824,000 7,674,797,000    
Total deposits 44,797,176,000 43,758,606,000    
Assets sold under agreements to repurchase 178,766,000 193,378,000    
Other short-term borrowings 100,000,000      
Notes payable:        
Advances with the FHLB 377,598,000 421,399,000    
Unsecured senior debt securities 295,624,000 295,307,000    
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 384,909,000 384,902,000    
Notes Payable 1,058,131,000 1,101,608,000    
Derivatives 12,037,000 16,619,000    
Carrying amount | Obligations of Puerto Rico, States and political subdivisions        
Financial Assets:        
Debt securities held-to-maturity, net 69,771,000 85,556,000    
Carrying amount | Collateralized Mortgage Obligations - Federal agencies        
Financial Assets:        
Debt securities held-to-maturity, net 41,000 45,000    
Carrying amount | Securities in wholly owned statutory business trusts        
Financial Assets:        
Debt securities held-to-maturity, net 11,561,000 11,561,000    
Carrying amount | Other        
Financial Assets:        
Debt securities held-to-maturity, net 500,000 500,000    
Cash and due from banks 445,551,000 388,311,000    
Money market investments 5,941,716,000 3,262,286,000    
Trading account debt securities, excluding derivatives 42,545,000 40,321,000    
Debt Securities Available for Sale, at Fair Value 15,813,301,000 17,648,473,000    
Debt securities held-to-maturity, net 81,873,000 97,662,000    
Equity securities:        
Equity securities 163,058,000 159,887,000    
Loans held in portfolio, net 26,742,556,000 26,929,165,000    
Mortgage servicing rights 147,311,000 150,906,000 $ 167,813,000 $ 169,777,000
Deposits        
Time deposits 8,527,824,000 7,674,797,000    
Total deposits 44,797,176,000 43,758,606,000    
Assets sold under agreements to repurchase 178,766,000 193,378,000    
Other short-term borrowings 100,000,000 0    
Notes payable:        
Notes Payable 1,058,131,000 1,101,608,000    
Obligations of Puerto Rico, States and political subdivisions        
Financial Assets:        
Debt Securities Available for Sale, at Fair Value   6,975,000    
Debt securities held-to-maturity, net 69,771,000      
Collateralized Mortgage Obligations - Federal agencies        
Financial Assets:        
Debt Securities Available for Sale, at Fair Value 560,836,000 586,175,000    
Debt securities held-to-maturity, net 41,000      
Securities in wholly owned statutory business trusts        
Financial Assets:        
Debt securities held-to-maturity, net 11,561,000      
Other        
Financial Assets:        
Debt Securities Available for Sale, at Fair Value 316,000 350,000    
Debt securities held-to-maturity, net 500,000      
Fair Value        
Financial Assets:        
Cash and due from banks 445,551,000 388,311,000    
Money market investments 5,941,716,000 3,262,286,000    
Trading account debt securities, excluding derivatives 42,545,000 40,321,000    
Debt Securities Available for Sale, at Fair Value 15,813,301,000 17,648,473,000    
Debt securities held-to-maturity, net 80,400,000 105,110,000    
Equity securities:        
FHLB Stock 46,316,000 43,787,000    
FRB stock 93,838,000 93,470,000    
Other investments 28,305,000 28,695,000    
Equity securities 168,459,000 165,952,000    
Loans held-for-sale 91,182,000 60,030,000    
Loans held in portfolio, net 24,977,460,000 25,051,400,000    
Mortgage servicing rights 147,311,000 150,906,000    
Derivatives 9,534,000 17,966,000    
Deposits        
Demand deposits 36,269,352,000 36,083,809,000    
Time deposits 8,398,572,000 7,598,732,000    
Total deposits 44,667,924,000 43,682,541,000    
Assets sold under agreements to repurchase 178,104,000 193,271,000    
Other short-term borrowings 100,000,000      
Notes payable:        
Advances with the FHLB 393,674,000 429,718,000    
Unsecured senior debt securities 309,228,000 323,415,000    
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 371,086,000 395,216,000    
Notes Payable 1,073,988,000 1,148,349,000    
Derivatives 12,037,000 16,619,000    
Fair Value | Obligations of Puerto Rico, States and political subdivisions        
Financial Assets:        
Debt securities held-to-maturity, net 68,296,000 93,002,000    
Fair Value | Collateralized Mortgage Obligations - Federal agencies        
Financial Assets:        
Debt securities held-to-maturity, net 43,000 47,000    
Fair Value | Securities in wholly owned statutory business trusts        
Financial Assets:        
Debt securities held-to-maturity, net 11,561,000 11,561,000    
Fair Value | Other        
Financial Assets:        
Debt securities held-to-maturity, net 500,000 500,000    
Fair Value | Level 1        
Financial Assets:        
Cash and due from banks 445,551,000 388,311,000    
Money market investments 5,935,945,000 3,256,274,000    
Trading account debt securities, excluding derivatives 1,000 7,081,000    
Debt Securities Available for Sale, at Fair Value 2,099,856,000 3,841,715,000    
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    
Other short-term borrowings 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    
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 5,771,000 6,012,000    
Trading account debt securities, excluding derivatives 41,649,000 32,270,000    
Debt Securities Available for Sale, at Fair Value 13,712,268,000 13,805,576,000    
Debt securities held-to-maturity, net 12,061,000 12,061,000    
Equity securities:        
FHLB Stock 46,316,000 43,787,000    
FRB stock 93,838,000 93,470,000    
Other investments 21,601,000 21,328,000    
Equity securities 161,755,000 158,585,000    
Loans held-for-sale 0 0    
Loans held in portfolio, net 0 0    
Mortgage servicing rights 0 0    
Derivatives 9,534,000 17,966,000    
Deposits        
Demand deposits 36,269,352,000 36,083,809,000    
Time deposits 8,398,572,000 7,598,732,000    
Total deposits 44,667,924,000 43,682,541,000    
Assets sold under agreements to repurchase 178,104,000 193,271,000    
Other short-term borrowings 100,000,000      
Notes payable:        
Advances with the FHLB 393,674,000 429,718,000    
Unsecured senior debt securities 309,228,000 323,415,000    
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 371,086,000 395,216,000    
Notes Payable 1,073,988,000 1,148,349,000    
Derivatives 12,037,000 16,619,000    
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 11,561,000 11,561,000    
Fair Value | Level 2 | Other        
Financial Assets:        
Debt securities held-to-maturity, net 500,000 500,000    
Fair Value | Level 3        
Financial Assets:        
Cash and due from banks 0 0    
Money market investments 0 0    
Trading account debt securities, excluding derivatives 895,000 970,000    
Debt Securities Available for Sale, at Fair Value 1,177,000 1,182,000    
Debt securities held-to-maturity, net 68,339,000 93,049,000    
Equity securities:        
FHLB Stock 0 0    
FRB stock 0 0    
Other investments 6,704,000 7,367,000    
Equity securities 6,704,000 7,367,000    
Loans held-for-sale 91,182,000 60,030,000    
Loans held in portfolio, net 24,977,460,000 25,051,400,000    
Mortgage servicing rights 147,311,000 150,906,000    
Derivatives 0 0    
Deposits        
Demand deposits 0 0    
Time deposits 0 0    
Total deposits 0 0    
Assets sold under agreements to repurchase 0 0    
Other short-term borrowings 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    
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 68,296,000 93,002,000    
Fair Value | Level 3 | Collateralized Mortgage Obligations - Federal agencies        
Financial Assets:        
Debt securities held-to-maturity, net 43,000 47,000    
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