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Allowance for credit losses - Allowance Movement (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Financing Receivable, Allowance for Credit Losses      
Balance at beginning of period $ 477,708 $ 569,348  
Impact of adopting CECL (315,107)    
Provision (reversal of provision) (188,995) (41,825)  
Allowance on purchased financial assets with credit deterioration 429    
Charge-offs (78,683) (79,841)  
Recoveries 16,160 19,296  
Balance at end of period 919,716 550,628  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 119,343 101,958 $ 79,926
General ALLL   448,670  
Impaired loans   1,034,037  
Ending balance: loans collectively evaluated for impairment   25,613,671  
Loans held-in-portfolio 27,662,272 26,647,708 27,406,873
Construction      
Financing Receivable, Allowance for Credit Losses      
Balance at beginning of period 4,778 7,424  
Impact of adopting CECL 2,871    
Provision (reversal of provision) (510) (47)  
Allowance on purchased financial assets with credit deterioration 0    
Charge-offs 0 (22)  
Recoveries 174 47  
Balance at end of period 2,591 7,496  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 0 19 6
General ALLL   7,477  
Impaired loans   13,848  
Ending balance: loans collectively evaluated for impairment   777,472  
Loans held-in-portfolio 902,380 791,320 831,092
Mortgages      
Financing Receivable, Allowance for Credit Losses      
Balance at beginning of period 121,108 147,412  
Impact of adopting CECL (96,512)    
Provision (reversal of provision) (14,575) (6,298)  
Allowance on purchased financial assets with credit deterioration 429    
Charge-offs (8,315) (13,425)  
Recoveries 2,778 2,013  
Balance at end of period 227,087 142,298  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 72,215 43,139 42,012
General ALLL   99,159  
Impaired loans   524,803  
Ending balance: loans collectively evaluated for impairment   6,682,377  
Loans held-in-portfolio 7,094,757 7,207,180 7,183,532
Legacy      
Financing Receivable, Allowance for Credit Losses      
Balance at beginning of period 630 969  
Impact of adopting CECL (382)    
Provision (reversal of provision) (913) 855  
Allowance on purchased financial assets with credit deterioration 0    
Charge-offs (9) 164  
Recoveries 110 551  
Balance at end of period 2,026 829  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL   0  
General ALLL   829  
Impaired loans   0  
Ending balance: loans collectively evaluated for impairment   24,404  
Loans held-in-portfolio 20,435 24,404 22,105
Commercial      
Financing Receivable, Allowance for Credit Losses      
Balance at beginning of period 147,052 239,115  
Impact of adopting CECL (91,496)    
Provision (reversal of provision) (67,180) (4,802)  
Allowance on purchased financial assets with credit deterioration 0    
Charge-offs (3,562) (22,942)  
Recoveries 2,882 3,514  
Balance at end of period 305,048 224,489  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 20,089 33,476 16,443
General ALLL   191,013  
Impaired loans   383,494  
Ending balance: loans collectively evaluated for impairment   11,674,816  
Loans held-in-portfolio   12,058,310 12,312,751
Leasing      
Financing Receivable, Allowance for Credit Losses      
Balance at beginning of period 10,768 11,486  
Impact of adopting CECL 713    
Provision (reversal of provision) (5,841) 891  
Allowance on purchased financial assets with credit deterioration 0    
Charge-offs (3,775) (2,096)  
Recoveries 468 610  
Balance at end of period 12,589 9,109  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 23 321 61
General ALLL   8,788  
Impaired loans   1,018  
Ending balance: loans collectively evaluated for impairment   962,214  
Loans held-in-portfolio 1,088,542 963,232 1,059,507
Consumer      
Financing Receivable, Allowance for Credit Losses      
Balance at beginning of period 193,372 162,942  
Impact of adopting CECL (130,301)    
Provision (reversal of provision) (99,976) (32,424)  
Allowance on purchased financial assets with credit deterioration 0    
Charge-offs (63,022) (41,520)  
Recoveries 9,748 12,561  
Balance at end of period 370,375 166,407  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 27,016 25,003 21,404
General ALLL   141,404  
Impaired loans   110,874  
Ending balance: loans collectively evaluated for impairment   5,492,388  
Loans held-in-portfolio   5,603,262 5,997,886
Puerto Rico      
Financing Receivable, Allowance for Credit Losses      
Balance at beginning of period 432,651 507,158  
Impact of adopting CECL (270,368)    
Provision (reversal of provision) (113,004) (31,454)  
Allowance on purchased financial assets with credit deterioration 429    
Charge-offs (73,159) (70,622)  
Recoveries 13,642 16,393  
Balance at end of period 756,935 484,383  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL   97,722  
General ALLL   386,661  
Impaired loans   1,001,861  
Ending balance: loans collectively evaluated for impairment   18,994,489  
Loans held-in-portfolio 20,223,881 19,996,350 20,180,232
Puerto Rico | Construction      
Financing Receivable, Allowance for Credit Losses      
Balance at beginning of period 574 886  
Impact of adopting CECL (115)    
Provision (reversal of provision) 289 81  
Allowance on purchased financial assets with credit deterioration 0    
Charge-offs 0 (22)  
Recoveries 19 39  
Balance at end of period 419 822  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL   19  
General ALLL   803  
Impaired loans   1,788  
Ending balance: loans collectively evaluated for impairment   89,584  
Loans held-in-portfolio 164,390 91,372 137,470
Puerto Rico | Mortgages      
Financing Receivable, Allowance for Credit Losses      
Balance at beginning of period 116,281 142,978  
Impact of adopting CECL (86,081)    
Provision (reversal of provision) (5,547) (6,061)  
Allowance on purchased financial assets with credit deterioration 429    
Charge-offs (8,306) (13,174)  
Recoveries 2,768 1,991  
Balance at end of period 202,800 137,856  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL   40,779  
General ALLL   97,077  
Impaired loans   515,365  
Ending balance: loans collectively evaluated for impairment   5,860,223  
Loans held-in-portfolio 6,016,008 6,375,588 6,166,748
Puerto Rico | Commercial      
Financing Receivable, Allowance for Credit Losses      
Balance at beginning of period 131,063 207,214  
Impact of adopting CECL (62,393)    
Provision (reversal of provision) (14,974) 1,689  
Allowance on purchased financial assets with credit deterioration 0    
Charge-offs (2,994) (19,461)  
Recoveries 2,414 2,867  
Balance at end of period 207,850 188,931  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL   33,253  
General ALLL   155,678  
Impaired loans   381,803  
Ending balance: loans collectively evaluated for impairment   7,009,319  
Loans held-in-portfolio   7,391,122 7,261,130
Puerto Rico | Leasing      
Financing Receivable, Allowance for Credit Losses      
Balance at beginning of period 10,768 11,486  
Impact of adopting CECL 713    
Provision (reversal of provision) (5,841) 891  
Allowance on purchased financial assets with credit deterioration 0    
Charge-offs (3,775) (2,096)  
Recoveries 468 610  
Balance at end of period 12,589 9,109  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL   321  
General ALLL   8,788  
Impaired loans   1,018  
Ending balance: loans collectively evaluated for impairment   962,214  
Loans held-in-portfolio 1,088,542 963,232 1,059,507
Puerto Rico | Consumer      
Financing Receivable, Allowance for Credit Losses      
Balance at beginning of period 173,965 144,594  
Impact of adopting CECL (122,492)    
Provision (reversal of provision) (86,931) (28,054)  
Allowance on purchased financial assets with credit deterioration 0    
Charge-offs (58,084) (35,869)  
Recoveries 7,973 10,886  
Balance at end of period 333,277 147,665  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL   23,350  
General ALLL   124,315  
Impaired loans   101,887  
Ending balance: loans collectively evaluated for impairment   5,073,149  
Loans held-in-portfolio   5,175,036 5,555,377
Popular U.S.      
Financing Receivable, Allowance for Credit Losses      
Balance at beginning of period 45,057 62,190  
Impact of adopting CECL (44,739)    
Provision (reversal of provision) (75,991) (10,371)  
Charge-offs (5,524) (9,219)  
Recoveries 2,518 2,903  
Balance at end of period 162,781 66,245  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL   4,236  
General ALLL   62,009  
Impaired loans   32,176  
Ending balance: loans collectively evaluated for impairment   6,619,182  
Loans held-in-portfolio 7,438,391 6,651,358 7,226,641
Popular U.S. | Construction      
Financing Receivable, Allowance for Credit Losses      
Balance at beginning of period 4,204 6,538  
Impact of adopting CECL 2,986    
Provision (reversal of provision) (799) (128)  
Charge-offs 0 0  
Recoveries 155 8  
Balance at end of period 2,172 6,674  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL   0  
General ALLL   6,674  
Impaired loans   12,060  
Ending balance: loans collectively evaluated for impairment   687,888  
Loans held-in-portfolio 737,990 699,948 693,622
Popular U.S. | Mortgages      
Financing Receivable, Allowance for Credit Losses      
Balance at beginning of period 4,827 4,434  
Impact of adopting CECL (10,431)    
Provision (reversal of provision) (9,028) (237)  
Charge-offs (9) (251)  
Recoveries 10 22  
Balance at end of period 24,287 4,442  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL   2,360  
General ALLL   2,082  
Impaired loans   9,438  
Ending balance: loans collectively evaluated for impairment   822,154  
Loans held-in-portfolio 1,078,749 831,592 1,016,784
Popular U.S. | Legacy      
Financing Receivable, Allowance for Credit Losses      
Balance at beginning of period 630 969  
Impact of adopting CECL (382)    
Provision (reversal of provision) (913) 855  
Charge-offs (9) 164  
Recoveries 110 551  
Balance at end of period 2,026 829  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL   0  
General ALLL   829  
Impaired loans   0  
Ending balance: loans collectively evaluated for impairment   24,404  
Loans held-in-portfolio 20,435 24,404 22,105
Popular U.S. | Commercial      
Financing Receivable, Allowance for Credit Losses      
Balance at beginning of period 15,989 31,901  
Impact of adopting CECL (29,103)    
Provision (reversal of provision) (52,206) (6,491)  
Charge-offs (568) (3,481)  
Recoveries 468 647  
Balance at end of period 97,198 35,558  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL   223  
General ALLL   35,335  
Impaired loans   1,691  
Ending balance: loans collectively evaluated for impairment   4,665,497  
Loans held-in-portfolio   4,667,188 5,051,621
Popular U.S. | Consumer      
Financing Receivable, Allowance for Credit Losses      
Balance at beginning of period 19,407 18,348  
Impact of adopting CECL (7,809)    
Provision (reversal of provision) (13,045) (4,370)  
Charge-offs (4,938) (5,651)  
Recoveries 1,775 1,675  
Balance at end of period $ 37,098 18,742  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL   1,653  
General ALLL   17,089  
Impaired loans   8,987  
Ending balance: loans collectively evaluated for impairment   419,239  
Loans held-in-portfolio   $ 428,226 $ 442,509