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Allowance for credit losses - Allowance Movement (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Financing Receivable, Allowance for Credit Losses    
Beginning balance $ 896,250 $ 477,708
Impact of adopting CECL   315,107
Provision (reversal of provision) (75,779) 188,995
Initial allowance for credit losses - PCD Loans 1,356 429
Charge-offs (48,610) (78,683)
Recoveries 27,580 16,160
Ending balance 800,797 919,716
Off Balance Sheet Credit Loss Liability [Rollforward]    
Balance at beginning of period 15,851 8,717
Impact of CECL   (5,460)
Provision (6,282) 1,209
Balance at end of period 9,569 4,466
Construction    
Financing Receivable, Allowance for Credit Losses    
Beginning balance 14,237 4,840
Impact of adopting CECL   (2,923)
Provision (reversal of provision) 875 557
Initial allowance for credit losses - PCD Loans 0 0
Charge-offs (6,619) 0
Recoveries 702 174
Ending balance 9,195 2,648
Off Balance Sheet Credit Loss Liability [Rollforward]    
Balance at beginning of period 9,079 419
Impact of CECL   397
Provision (4,931) 503
Balance at end of period 4,148 1,319
Mortgages    
Financing Receivable, Allowance for Credit Losses    
Beginning balance 215,716 121,108
Impact of adopting CECL   96,512
Provision (reversal of provision) (6,723) 14,575
Initial allowance for credit losses - PCD Loans 1,356 429
Charge-offs (10,382) (8,315)
Recoveries 2,159 2,778
Ending balance 202,126 227,087
Off Balance Sheet Credit Loss Liability [Rollforward]    
Balance at beginning of period 0 0
Impact of CECL   0
Provision 0 0
Balance at end of period 0 0
Commercial    
Financing Receivable, Allowance for Credit Losses    
Beginning balance 333,380 147,620
Impact of adopting CECL   91,930
Provision (reversal of provision) (58,579) 68,046
Initial allowance for credit losses - PCD Loans 0 0
Charge-offs (3,266) (3,571)
Recoveries 4,684 2,992
Ending balance 276,219 307,017
Off Balance Sheet Credit Loss Liability [Rollforward]    
Balance at beginning of period 6,666 830
Impact of CECL   1,611
Provision (1,310) 647
Balance at end of period 5,356 3,088
Leasing    
Financing Receivable, Allowance for Credit Losses    
Beginning balance 16,863 10,768
Impact of adopting CECL   (713)
Provision (reversal of provision) (4,058) 5,841
Initial allowance for credit losses - PCD Loans 0 0
Charge-offs (1,058) (3,775)
Recoveries 940 468
Ending balance 12,687 12,589
Off Balance Sheet Credit Loss Liability [Rollforward]    
Balance at beginning of period 0 0
Impact of CECL   0
Provision 0 0
Balance at end of period 0 0
Consumer    
Financing Receivable, Allowance for Credit Losses    
Beginning balance 316,054 193,372
Impact of adopting CECL   130,301
Provision (reversal of provision) (7,294) 99,976
Initial allowance for credit losses - PCD Loans 0 0
Charge-offs (27,285) (63,022)
Recoveries 19,095 9,748
Ending balance 300,570 370,375
Off Balance Sheet Credit Loss Liability [Rollforward]    
Balance at beginning of period 106 7,468
Impact of CECL   (7,468)
Provision (41) 59
Balance at end of period 65 59
Puerto Rico    
Financing Receivable, Allowance for Credit Losses    
Beginning balance 739,750 432,651
Impact of adopting CECL   270,368
Provision (reversal of provision) (39,976) 113,004
Initial allowance for credit losses - PCD Loans 1,356 429
Charge-offs (44,970) (73,159)
Recoveries 25,496 13,642
Ending balance 681,656 756,935
Off Balance Sheet Credit Loss Liability [Rollforward]    
Balance at beginning of period 9,523 8,439
Impact of CECL   (6,494)
Provision (5,365) 210
Balance at end of period 4,158 2,155
Puerto Rico | Construction    
Financing Receivable, Allowance for Credit Losses    
Beginning balance 4,871 574
Impact of adopting CECL   115
Provision (reversal of provision) 1,306 (289)
Initial allowance for credit losses - PCD Loans 0 0
Charge-offs (6,619) 0
Recoveries 702 19
Ending balance 260 419
Off Balance Sheet Credit Loss Liability [Rollforward]    
Balance at beginning of period 4,610 294
Impact of CECL   (185)
Provision (4,365) 69
Balance at end of period 245 178
Puerto Rico | Mortgages    
Financing Receivable, Allowance for Credit Losses    
Beginning balance 195,557 116,281
Impact of adopting CECL   86,081
Provision (reversal of provision) (2,805) 5,547
Initial allowance for credit losses - PCD Loans 1,356 429
Charge-offs (10,381) (8,306)
Recoveries 2,078 2,768
Ending balance 185,805 202,800
Off Balance Sheet Credit Loss Liability [Rollforward]    
Balance at beginning of period 0 0
Impact of CECL   0
Provision 0 0
Balance at end of period 0 0
Puerto Rico | Commercial    
Financing Receivable, Allowance for Credit Losses    
Beginning balance 225,323 131,063
Impact of adopting CECL   62,393
Provision (reversal of provision) (29,646) 14,974
Initial allowance for credit losses - PCD Loans 0 0
Charge-offs (2,883) (2,994)
Recoveries 4,317 2,414
Ending balance 197,111 207,850
Off Balance Sheet Credit Loss Liability [Rollforward]    
Balance at beginning of period 4,913 678
Impact of CECL   1,158
Provision (1,000) 141
Balance at end of period 3,913 1,977
Puerto Rico | Leasing    
Financing Receivable, Allowance for Credit Losses    
Beginning balance 16,863 10,768
Impact of adopting CECL   (713)
Provision (reversal of provision) (4,058) 5,841
Initial allowance for credit losses - PCD Loans 0 0
Charge-offs (1,058) (3,775)
Recoveries 940 468
Ending balance 12,687 12,589
Off Balance Sheet Credit Loss Liability [Rollforward]    
Balance at beginning of period 0 0
Impact of CECL   0
Provision 0 0
Balance at end of period 0 0
Puerto Rico | Consumer    
Financing Receivable, Allowance for Credit Losses    
Beginning balance 297,136 173,965
Impact of adopting CECL   122,492
Provision (reversal of provision) (4,773) 86,931
Initial allowance for credit losses - PCD Loans 0 0
Charge-offs (24,029) (58,084)
Recoveries 17,459 7,973
Ending balance 285,793 333,277
Off Balance Sheet Credit Loss Liability [Rollforward]    
Balance at beginning of period 0 7,467
Impact of CECL   (7,467)
Provision 0 0
Balance at end of period 0 0
Popular U.S.    
Financing Receivable, Allowance for Credit Losses    
Beginning balance 156,500 45,057
Impact of adopting CECL   44,739
Provision (reversal of provision) (35,803) 75,991
Charge-offs (3,640) (5,524)
Recoveries 2,084 2,518
Ending balance 119,141 162,781
Off Balance Sheet Credit Loss Liability [Rollforward]    
Balance at beginning of period 6,328 278
Impact of CECL   1,034
Provision (917) 999
Balance at end of period 5,411 2,311
Popular U.S. | Construction    
Financing Receivable, Allowance for Credit Losses    
Beginning balance 9,366 4,266
Impact of adopting CECL   (3,038)
Provision (reversal of provision) (431) 846
Charge-offs 0 0
Recoveries 0 155
Ending balance 8,935 2,229
Off Balance Sheet Credit Loss Liability [Rollforward]    
Balance at beginning of period 4,469 125
Impact of CECL   582
Provision (566) 434
Balance at end of period 3,903 1,141
Popular U.S. | Mortgages    
Financing Receivable, Allowance for Credit Losses    
Beginning balance 20,159 4,827
Impact of adopting CECL   10,431
Provision (reversal of provision) (3,918) 9,028
Charge-offs (1) (9)
Recoveries 81 10
Ending balance 16,321 24,287
Off Balance Sheet Credit Loss Liability [Rollforward]    
Balance at beginning of period 0 0
Impact of CECL   0
Provision 0 0
Balance at end of period 0 0
Popular U.S. | Commercial    
Financing Receivable, Allowance for Credit Losses    
Beginning balance 108,057 16,557
Impact of adopting CECL   29,537
Provision (reversal of provision) (28,933) 53,072
Charge-offs (383) (577)
Recoveries 367 578
Ending balance 79,108 99,167
Off Balance Sheet Credit Loss Liability [Rollforward]    
Balance at beginning of period 1,753 152
Impact of CECL   453
Provision (310) 506
Balance at end of period 1,443 1,111
Popular U.S. | Consumer    
Financing Receivable, Allowance for Credit Losses    
Beginning balance 18,918 19,407
Impact of adopting CECL   7,809
Provision (reversal of provision) (2,521) 13,045
Charge-offs (3,256) (4,938)
Recoveries 1,636 1,775
Ending balance 14,777 37,098
Off Balance Sheet Credit Loss Liability [Rollforward]    
Balance at beginning of period 106 1
Impact of CECL   (1)
Provision (41) 59
Balance at end of period $ 65 $ 59