XML 275 R229.htm IDEA: XBRL DOCUMENT v3.20.4
Segment reporting - Results of Operations (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Segment Reporting Information      
Net Interest income (expense) $ 1,856,613 $ 1,891,694 $ 1,734,877
Provision for credit losses 292,536 165,779 228,072
Non interest Income 512,312 569,883 652,494
Amortization of intangibles 6,397 9,370 9,326
Depreciation expense 58,452 58,067 53,300
Loss on early extinguishment of debt 0 0 12,522
Other operating expenses 1,392,980 1,410,045 1,346,414
Income tax expense (benefit) 111,938 147,181 119,579
Net income (loss) from continuing operations 506,622 671,135 618,158
Segment assets 65,926,000 52,115,324 47,604,577
Reportable Segment      
Segment Reporting Information      
Net Interest income (expense) 1,896,127 1,929,369 1,786,752
Provision for credit losses 292,441 165,523 228,323
Non interest Income 469,625 529,338 612,366
Amortization of intangibles 6,299 9,274 9,285
Depreciation expense 57,448 57,321 52,557
Loss on early extinguishment of debt     0
Other operating expenses 1,397,678 1,413,130 1,254,620
Income tax expense (benefit) 113,622 148,309 146,489
Net income (loss) from continuing operations 498,264 665,150 707,844
Segment assets 65,575,645 51,794,604 47,304,409
Intersegment Elimination      
Segment Reporting Information      
Net Interest income (expense) 11 (51) (2)
Provision for credit losses 0 0 0
Non interest Income (553) (561) (560)
Amortization of intangibles 0 0 0
Depreciation expense 0 0 0
Other operating expenses (544) (547) (546)
Income tax expense (benefit) 0 0 0
Net income (loss) from continuing operations 2 (65) (16)
Segment assets (33,935) (18,576) (114,923)
Corporate      
Segment Reporting Information      
Net Interest income (expense) (39,514) (37,675) (51,875)
Provision for credit losses 95 256 (251)
Non interest Income 46,442 43,901 42,914
Amortization of intangibles 98 96 41
Depreciation expense 1,004 746 743
Loss on early extinguishment of debt     12,522
Other operating expenses (1,212) 55 94,640
Income tax expense (benefit) (1,560) (1,041) (26,947)
Net income (loss) from continuing operations 8,503 6,114 (89,709)
Segment assets 5,214,439 5,228,276 5,099,491
Eliminations      
Segment Reporting Information      
Net Interest income (expense) 0 0 0
Provision for credit losses 0 0 0
Non interest Income (3,755) (3,356) (2,786)
Amortization of intangibles 0 0 0
Depreciation expense 0 0 0
Loss on early extinguishment of debt     0
Other operating expenses (3,486) (3,140) (2,846)
Income tax expense (benefit) (124) (87) 37
Net income (loss) from continuing operations (145) (129) 23
Segment assets (4,864,084) (4,907,556) (4,799,323)
Banco Popular de Puerto Rico | Reportable Segment      
Segment Reporting Information      
Net Interest income (expense) 1,593,599 1,633,950 1,482,178
Provision for credit losses 210,955 135,495 198,442
Non interest Income 445,893 506,739 592,938
Amortization of intangibles 5,634 8,610 8,620
Depreciation expense 47,890 49,058 43,504
Other operating expenses 1,169,816 1,208,458 1,073,012
Income tax expense (benefit) 106,211 129,145 121,195
Net income (loss) from continuing operations 498,986 609,923 630,343
Segment assets 55,353,626 41,756,864 38,037,696
Banco Popular de Puerto Rico | Reportable Segment | Commercial Banking      
Segment Reporting Information      
Net Interest income (expense) 653,091 619,926 584,293
Provision for credit losses 47,905 (46,099) 105,604
Non interest Income 100,329 99,758 84,762
Amortization of intangibles 197 195 208
Depreciation expense 20,488 20,024 17,668
Other operating expenses 303,534 309,762 276,158
Income tax expense (benefit) 104,617 104,636 76,255
Net income (loss) from continuing operations 276,679 331,166 193,162
Segment assets 49,806,766 34,340,842 27,712,852
Banco Popular de Puerto Rico | Reportable Segment | Consumer and Retail Banking      
Segment Reporting Information      
Net Interest income (expense) 927,165 1,009,196 892,735
Provision for credit losses 163,050 181,594 92,838
Non interest Income 249,464 303,268 311,775
Amortization of intangibles 3,609 4,294 4,275
Depreciation expense 26,746 28,411 25,222
Other operating expenses 782,521 835,582 718,990
Income tax expense (benefit) (5,934) 11,999 100,925
Net income (loss) from continuing operations 206,637 250,584 262,260
Segment assets 29,000,270 23,976,004 22,712,950
Banco Popular de Puerto Rico | Reportable Segment | Other Financial Services      
Segment Reporting Information      
Net Interest income (expense) 13,343 4,828 5,201
Provision for credit losses 0 0 0
Non interest Income 97,443 106,218 95,199
Amortization of intangibles 1,828 4,121 4,137
Depreciation expense 656 623 614
Other operating expenses 85,122 65,631 71,344
Income tax expense (benefit) 7,528 12,510 7,903
Net income (loss) from continuing operations 15,652 28,161 16,402
Segment assets 2,218,444 380,557 376,992
Banco Popular de Puerto Rico | Reportable Segment | Eliminations      
Segment Reporting Information      
Net Interest income (expense) 0 0 (51)
Provision for credit losses 0 0 0
Non interest Income (1,343) (2,505) 101,202
Amortization of intangibles 0 0 0
Depreciation expense 0 0 0
Other operating expenses (1,361) (2,517) 6,520
Income tax expense (benefit) 0 0 (63,888)
Net income (loss) from continuing operations 18 12 158,519
Segment assets (25,671,854) (16,940,539) (12,765,098)
PB | Reportable Segment      
Segment Reporting Information      
Net Interest income (expense) 302,517 295,470 304,576
Provision for credit losses 81,486 30,028 29,881
Non interest Income 24,285 23,160 19,988
Amortization of intangibles 665 664 665
Depreciation expense 9,558 8,263 9,053
Other operating expenses 228,406 205,219 182,154
Income tax expense (benefit) 7,411 19,164 25,294
Net income (loss) from continuing operations (724) 55,292 77,517
Segment assets $ 10,255,954 $ 10,056,316 $ 9,381,636