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Other liabilities
3 Months Ended
Mar. 31, 2020
Other Liabilities Disclosure Abstract  
Other liabilites

Note 17 − Other liabilities

The caption of other liabilities in the consolidated statements of financial condition consists of the following major categories:

(In thousands)

March 31, 2020

December 31, 2019

Accrued expenses

$

233,692

$

273,184

Accrued interest payable

 

34,539

 

44,026

Accounts payable

 

61,833

 

65,688

Dividends payable

 

35,505

 

29,027

Trades payable

 

5,279

 

4,084

Liability for GNMA loans sold with an option to repurchase

 

111,285

 

102,663

Reserves for loan indemnifications

 

34,862

 

38,074

Reserve for operational losses

 

38,373

 

35,665

Operating lease liabilities (Note 28)

 

161,961

 

165,139

Finance lease liabilities (Note 28)

 

20,529

 

19,810

Pension benefit obligation

 

48,704

 

52,616

Postretirement benefit obligation

 

170,507

 

168,681

Others

 

42,892

 

46,296

Total other liabilities

$

999,961

$

1,044,953