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Goodwill and other intangible assets (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure  
Components of Other Intangible Assets Subject to Amortization

 

 

 

Gross

 

 

 

Net

 

 

 

Carrying

 

Accumulated

 

Carrying

(In thousands)

 

Amount

 

Amortization

 

Value

December 31, 2020

 

 

 

 

 

 

 

 

 

 

Core deposits

 

$

12,810

 

$

7,473

 

$

5,337

 

Other customer relationships

 

 

26,397

 

 

15,684

 

 

10,713

 

Trademark

 

 

488

 

 

236

 

 

252

Total other intangible assets

 

$

39,695

 

$

23,393

 

$

16,302

December 31, 2019

 

 

 

 

 

 

 

 

 

 

Core deposits

 

$

37,224

 

$

29,792

 

$

7,432

 

Other customer relationships

 

 

42,909

 

 

28,075

 

 

14,834

 

Trademark

 

 

488

 

 

138

 

 

350

Total other intangible assets

 

$

80,621

 

$

58,005

 

$

22,616

Estimated Amortization of the Intangible Assets with Definite Useful Lives

(In thousands)

 

 

Year 2021

$

3,575

Year 2022

 

2,700

Year 2023

 

2,659

Year 2024

 

2,361

Year 2025

 

1,172

Later years

 

3,835

Goodwill and accumulated impairment losses by reportable segments

December 31, 2020

 

Balance at

 

 

Balance at

 

December 31,

Accumulated

December 31,

 

2020

impairment

2020

(In thousands)

(gross amounts)

losses

(net amounts)

Banco Popular de Puerto Rico

$

324,049

$

3,801

$

320,248

Popular U.S.

 

515,285

 

164,411

 

350,874

Total Popular, Inc.

$

839,334

$

168,212

$

671,122

December 31, 2019

 

Balance at

 

 

Balance at

 

December 31,

Accumulated

December 31,

 

2019

impairment

2019

(In thousands)

(gross amounts)

losses

(net amounts)

Banco Popular de Puerto Rico

$

324,049

$

3,801

$

320,248

Popular U.S.

 

515,285

 

164,411

 

350,874

Total Popular, Inc.

$

839,334

$

168,212

$

671,122