Allowance for credit losses - loans held-in-portfolio (Tables)

9 Months Ended

Sep. 30, 2021

Allowance for credit losses on financing receivables

For the quarter ended September 30, 2021
Puerto Rico
(In thousands)		Commercial		Construction		Mortgage		Leasing		Consumer		Total
Allowance for credit losses - loans:
Beginning balance		$	186,784	$	1,220	$	166,808	$	17,551	$	289,490	$	661,853
	Provision for credit losses (benefit)		(13,923)		(1,532)		(14,110)		(5,613)		(814)		(35,992)
	Initial allowance for credit losses - PCD Loans		-		-		253		-		-		253
	Charge-offs		(9,481)		(1)		(1,157)		(1,054)		(18,211)		(29,904)
	Recoveries		5,124		2,224		3,268		750		9,202		20,568
Ending balance		$	168,504	$	1,911	$	155,062	$	11,634	$	279,667	$	616,778
Allowance for credit losses - unfunded commitments:
Beginning balance		$	3,252	$	1,405	$	-	$	-	$	-	$	4,657
	Provision for credit losses (benefit)		(915)		663		-		-		-		(252)
Ending balance - unfunded commitments [1]		$	2,337	$	2,068	$	-	$	-	$	-	$	4,405
[1]	Allowance for credit losses of unfunded commitments is presented as part of Other Liabilities in the Consolidated Statements of Financial Condition.

For the quarter ended September 30, 2021
Popular U.S.
(In thousands)		Commercial		Construction		Mortgage			Consumer	Total
Allowance for credit losses - loans:
Beginning balance		$	84,360	$	10,036	$	15,811	$	13,730	$	123,937
	Provision for credit losses (benefit)		(18,513)		(2,097)		(543)		(1,500)		(22,653)
	Charge-offs		(24)		-		(2)		(1,637)		(1,663)
	Recoveries		487		-		50		1,639		2,176
Ending balance		$	66,310	$	7,939	$	15,316	$	12,232	$	101,797
Allowance for credit losses - unfunded commitments:
Beginning balance		$	1,559	$	3,672	$	-	$	48	$	5,279
	Provision for credit losses (benefit)		(405)		(866)		-		(13)		(1,284)
Ending balance - unfunded commitments [1]		$	1,154	$	2,806	$	-	$	35	$	3,995
[1]	Allowance for credit losses of unfunded commitments is presented as part of Other Liabilities in the Consolidated Statements of Financial Condition.

For the quarter ended September 30, 2021
Popular, Inc.
(In thousands)		Commercial		Construction		Mortgage		Leasing		Consumer		Total
Allowance for credit losses - loans:
Beginning balance		$	271,144	$	11,256	$	182,619	$	17,551	$	303,220	$	785,790
	Provision for credit losses (benefit)		(32,436)		(3,629)		(14,653)		(5,613)		(2,314)		(58,645)
	Initial allowance for credit losses - PCD Loans		-		-		253		-		-		253
	Charge-offs		(9,505)		(1)		(1,159)		(1,054)		(19,848)		(31,567)
	Recoveries		5,611		2,224		3,318		750		10,841		22,744
Ending balance		$	234,814	$	9,850	$	170,378	$	11,634	$	291,899	$	718,575
Allowance for credit losses - unfunded commitments:
Beginning balance		$	4,811	$	5,077	$	-	$	-	$	48	$	9,936
	Provision for credit losses (benefit)		(1,320)		(203)		-		-		(13)		(1,536)
Ending balance - unfunded commitments [1]		$	3,491	$	4,874	$	-	$	-	$	35	$	8,400
[1]	Allowance for credit losses of unfunded commitments is presented as part of Other Liabilities in the Consolidated Statements of Financial Condition.

For the nine months ended September 30, 2021
Puerto Rico
(In thousands)		Commercial		Construction		Mortgage		Leasing		Consumer		Total
Allowance for credit losses - loans:
Beginning balance		$	225,323	$	4,871	$	195,557	$	16,863	$	297,136	$	739,750
	Provision for credit losses (benefit)		(63,773)		255		(36,179)		(4,414)		5,655		(98,456)
	Initial allowance for credit losses - PCD Loans		-		-		2,811		-		-		2,811
	Charge-offs		(14,399)		(6,620)		(16,585)		(3,247)		(59,606)		(100,457)
	Recoveries		21,353		3,405		9,458		2,432		36,482		73,130
Ending balance - loans		$	168,504	$	1,911	$	155,062	$	11,634	$	279,667	$	616,778
Allowance for credit losses - unfunded commitments:
Beginning balance		$	4,913	$	4,610	$	-	$	-	$	-	$	9,523
	Provision for credit losses (benefit)		(2,576)		(2,542)		-		-		-		(5,118)
Ending balance - unfunded commitments [1]		$	2,337	$	2,068	$	-	$	-	$	-	$	4,405
[1]	Allowance for credit losses of unfunded commitments is presented as part of Other Liabilities in the Consolidated Statements of Financial Condition.

For the nine months ended September 30, 2021
Popular U.S.
(In thousands)		Commercial		Construction		Mortgage		Consumer		Total
Allowance for credit losses - loans:
Beginning balance		$	108,057	$	9,366	$	20,159	$	18,918	$	156,500
	Provision for credit losses (benefit)		(42,607)		(1,334)		(5,394)		(4,133)		(53,468)
	Charge-offs		(1,097)		(523)		(3)		(7,267)		(8,890)
	Recoveries		1,957		430		554		4,714		7,655
Ending balance - loans		$	66,310	$	7,939	$	15,316	$	12,232	$	101,797
Allowance for credit losses - unfunded commitments:
Beginning balance		$	1,753	$	4,469	$	-	$	106	$	6,328
	Provision for credit losses (benefit)		(599)		(1,663)		-		(71)		(2,333)
Ending balance - unfunded commitments [1]		$	1,154	$	2,806	$	-	$	35	$	3,995
[1]	Allowance for credit losses of unfunded commitments is presented as part of Other Liabilities in the Consolidated Statements of Financial Condition.

For the nine months ended September 30, 2021
Popular, Inc.
(In thousands)		Commercial		Construction		Mortgage		Leasing		Consumer		Total
Allowance for credit losses - loans:
Beginning balance		$	333,380	$	14,237	$	215,716	$	16,863	$	316,054	$	896,250
	Provision for credit losses (benefit)		(106,380)		(1,079)		(41,573)		(4,414)		1,522		(151,924)
	Initial allowance for credit losses - PCD Loans		-		-		2,811		-		-		2,811
	Charge-offs		(15,496)		(7,143)		(16,588)		(3,247)		(66,873)		(109,347)
	Recoveries		23,310		3,835		10,012		2,432		41,196		80,785
Ending balance - loans		$	234,814	$	9,850	$	170,378	$	11,634	$	291,899	$	718,575
Allowance for credit losses - unfunded commitments:
Beginning balance		$	6,666	$	9,079	$	-	$	-	$	106	$	15,851
	Provision for credit losses (benefit)		(3,175)		(4,205)		-		-		(71)		(7,451)
Ending balance - unfunded commitments [1]		$	3,491	$	4,874	$	-	$	-	$	35	$	8,400
[1]	Allowance for credit losses of unfunded commitments is presented as part of Other Liabilities in the Consolidated Statements of Financial Condition.

For the quarter ended September 30, 2020
Puerto Rico
(In thousands)		Commercial		Construction		Mortgage		Leasing		Consumer		Total
Allowance for credit losses - loans:
Beginning balance		$	214,927	$	354	$	199,250	$	13,093	$	328,158	$	755,782
	Provision for credit losses (benefit)		1,562		4,358		1,549		1,746		(1,533)		7,682
	Initial allowance for credit losses - PCD Loans		-		-		4,823		-		-		4,823
	Charge-offs		(2,059)		-		(5,217)		(957)		(25,808)		(34,041)
	Recoveries		4,018		156		3,253		1,286		11,559		20,272
Ending balance		$	218,448	$	4,868	$	203,658	$	15,168	$	312,376	$	754,518
Allowance for credit losses - unfunded commitments:
Beginning balance		$	2,274	$	145	$	-	$	-	$	-	$	2,419
	Provision for credit losses		2,086		2,581		-		-		-		4,667
Ending balance - unfunded commitments [1]		$	4,360	$	2,726	$	-	$	-	$	-	$	7,086
[1]	Allowance for credit losses of unfunded commitments is presented as part of Other Liabilities in the Consolidated Statements of Financial Condition.

For the quarter ended September 30, 2020
Popular U.S.
(In thousands)		Commercial		Construction		Mortgage		Consumer		Total
Allowance for credit losses - loans:
Beginning balance		$	102,039	$	6,105	$	22,987	$	31,521	$	162,652
	Provision for credit losses (benefit)		11,885		1,479		(1,312)		(282)		11,770
	Charge-offs		(484)		-		(12)		(3,852)		(4,348)
	Recoveries		175		-		17		1,066		1,258
Ending balance - loans		$	113,615	$	7,584	$	21,680	$	28,453	$	171,332
Allowance for credit losses - unfunded commitments:
Beginning balance		$	1,566	$	2,671	$	-	$	61	$	4,298
	Provision for credit losses		1,176		730		-		5		1,911
Ending balance - unfunded commitments [1]		$	2,742	$	3,401	$	-	$	66	$	6,209
[1]	Allowance for credit losses of unfunded commitments is presented as part of Other Liabilities in the Consolidated Statement of Financial Condition.

For the quarter ended September 30, 2020
Popular, Inc.
(In thousands)		Commercial		Construction		Mortgage		Leasing		Consumer		Total
Allowance for credit losses - loans:
Beginning balance		$	316,966	$	6,459	$	222,237	$	13,093	$	359,679	$	918,434
	Provision for credit losses (benefit)		13,447		5,837		237		1,746		(1,815)		19,452
	Initial allowance for credit losses - PCD Loans		-		-		4,823		-		-		4,823
	Charge-offs		(2,543)		-		(5,229)		(957)		(29,660)		(38,389)
	Recoveries		4,193		156		3,270		1,286		12,625		21,530
Ending balance		$	332,063	$	12,452	$	225,338	$	15,168	$	340,829	$	925,850
Allowance for credit losses - loans:
Beginning balance		$	3,840	$	2,816	$	-	$	-	$	61	$	6,717
	Provision for credit losses		3,262		3,311		-		-		5		6,578
Ending balance - unfunded commitments [1]		$	7,102	$	6,127	$	-	$	-	$	66	$	13,295
[1]	Allowance for credit losses of unfunded commitments is presented as part of Other Liabilities in the Consolidated Statements of Financial Condition.

For the nine months ended September 30, 2020
Puerto Rico
(In thousands)		Commercial		Construction		Mortgage		Leasing		Consumer		Total
Allowance for credit losses - loans:
Beginning balance		$	131,063	$	574	$	116,281	$	10,768	$	173,965	$	432,651
	Impact of adopting CECL		62,393		115		86,081		(713)		122,492		270,368
	Provision for credit losses		24,710		3,809		10,533		11,481		130,576		181,109
	Initial allowance for credit losses - PCD Loans		-		-		5,819		-		-		5,819
	Charge-offs		(7,799)		-		(22,940)		(8,681)		(141,794)		(181,214)
	Recoveries		8,081		370		7,884		2,313		27,137		45,785
Ending balance - loans		$	218,448	$	4,868	$	203,658	$	15,168	$	312,376	$	754,518
Allowance for credit losses - unfunded commitments:
Beginning balance		$	678	$	294	$	-	$	-	$	7,467	$	8,439
	Impact of adopting CECL		1,158		(185)		-		-		(7,467)		(6,494)
	Provision for credit losses		2,524		2,617		-		-		-		5,141
Ending balance - unfunded commitments [1]		$	4,360	$	2,726	$	-	$	-	$	-	$	7,086
[1]	Allowance for credit losses of unfunded commitments is presented as part of Other Liabilities in the Consolidated Statements of Financial Condition.

For the nine months ended September 30, 2020
Popular U.S.
(In thousands)		Commercial		Construction		Mortgage		Consumer		Total
Allowance for credit losses - loans:
Beginning balance		$	16,557	$	4,266	$	4,827	$	19,407	$	45,057
	Impact of adopting CECL		29,537		(3,038)		10,431		7,809		44,739
	Provision for credit losses		67,045		6,201		6,397		10,799		90,442
	Charge-offs		(1,452)		-		(28)		(13,663)		(15,143)
	Recoveries		1,928		155		53		4,101		6,237
Ending balance - loans		$	113,615	$	7,584	$	21,680	$	28,453	$	171,332
Allowance for credit losses - unfunded commitments:
Beginning balance		$	152	$	125	$	-	$	1	$	278
	Impact of adopting CECL		453		582		-		(1)		1,034
	Provision for credit losses		2,137		2,694		-		66		4,897
Ending balance - unfunded commitments [1]		$	2,742	$	3,401	$	-	$	66	$	6,209
[1]	Allowance for credit losses of unfunded commitments is presented as part of Other Liabilities in the Consolidated Statements of Financial Condition.

For the nine months ended September 30, 2020
Popular, Inc.
(In thousands)		Commercial		Construction		Mortgage		Leasing		Consumer		Total
Allowance for credit losses - loans:
Beginning balance		$	147,620	$	4,840	$	121,108	$	10,768	$	193,372	$	477,708
	Impact of adopting CECL		91,930		(2,923)		96,512		(713)		130,301		315,107
	Provision for credit losses		91,755		10,010		16,930		11,481		141,375		271,551
	Initial allowance for credit losses - PCD Loans		-		-		5,819		-		-		5,819
	Charge-offs		(9,251)		-		(22,968)		(8,681)		(155,457)		(196,357)
	Recoveries		10,009		525		7,937		2,313		31,238		52,022
Ending balance - loans		$	332,063	$	12,452	$	225,338	$	15,168	$	340,829	$	925,850
Allowance for credit losses - unfunded commitments:
Beginning balance		$	830	$	419	$	-	$	-	$	7,468	$	8,717
	Impact of adopting CECL		1,611		397		-		-		(7,468)		(5,460)
	Provision for credit losses		4,661		5,311		-		-		66		10,038
Ending balance - unfunded commitments [1]		$	7,102	$	6,127	$	-	$	-	$	66	$	13,295
[1]	Allowance for credit losses of unfunded commitments is presented as part of Other Liabilities in the Consolidated Statements of Financial Condition.

Schedule of Trouble Debt Restructurings breakdown by Accrual and Nonaccrual Status

	September 30, 2021								December 31, 2020
(In thousands)		Accruing		Non-Accruing		Total		Related Allowance		Accruing		Non-Accruing		Total		Related Allowance
Loans held-in-portfolio:
Commercial	$	245,601	$	93,718	$	339,319	$	23,091	$	259,246	$	103,551	$	362,797	$	15,236
Construction		-		14,877		14,877		-		-		21,497		21,497		4,397
Mortgage[1]		1,135,021		118,527		1,253,548		65,550		1,060,193		135,772		1,195,965		71,018
Leases		397		98		495		61		392		218		610		150
Consumer		67,200		10,933		78,133		17,529		74,707		12,792		87,499		22,508
Loans held-in-portfolio	$	1,448,219	$	238,153	$	1,686,372	$	106,231	$	1,394,538	$	273,830	$	1,668,368	$	113,309
[1] At September 30, 2021, accruing mortgage loan TDRs include $709 million guaranteed by U.S. sponsored entities at BPPR, compared to $655 million at December 31, 2020.

Troubled Debt Restructurings Loan Count By Type Of Modification

	Popular, Inc.
	For the quarter ended September 30, 2021				For the nine months ended September 30, 2021
	Reduction in interest rate	Extension of maturity date	Combination of reduction in interest rate and extension of maturity date	Other	Reduction in interest rate	Extension of maturity date	Combination of reduction in interest rate and extension of maturity date	Other
Commercial multi-family	-	-	-	-	-	1	1	-
Commercial real estate non-owner occupied	-	-	1	-	-	9	1	-
Commercial real estate owner occupied	-	-	-	4	3	23	3	6
Commercial and industrial	1	2	-	8	2	10	-	14
Mortgage	13	35	455	4	35	114	1,273	4
Leasing	-	-	1	-	-	-	2	-
Consumer:
Credit cards	19	-	-	12	108	-	1	39
HELOCs	-	-	-	-	-	1	1	-
Personal	28	31	-	-	148	94	1	2
Auto	-	3	1	-	-	5	3	-
Other	-	-	-	1	6	-	-	1
Total	61	71	458	29	302	257	1,286	66

	Popular, Inc.
	For the quarter ended September 30, 2020				For the nine months ended September 30, 2020
	Reduction in interest rate	Extension of maturity date	Combination of reduction in interest rate and extension of maturity date	Other	Reduction in interest rate	Extension of maturity date	Combination of reduction in interest rate and extension of maturity date	Other
Commercial multi-family	-	1	-	-	-	2	-	-
Commercial real estate non-owner occupied	-	2	-	-	-	4	-	1
Commercial real estate owner occupied	-	7	-	-	-	26	-	-
Commercial and industrial	-	12	-	-	1	38	-	-
Construction	-	1	-	-	-	1	-	-
Mortgage	-	24	70	254	2	50	231	326
Leasing	-	-	-	-	-	-	3	11
Consumer:
Credit cards	69	-	-	13	621	-	-	78
HELOCs	-	-	-	-	-	1	1	-
Personal	91	1	-	-	269	3	-	1
Auto	-	1	-	-	-	2	2	8
Other	1	-	-	-	3	-	-	-
Total	161	49	70	267	896	127	237	425

Troubled Debt Restructurings on Financing Receivables

Popular, Inc.
For the quarter ended September 30, 2021
(Dollars in thousands)	Loan count	Pre-modification outstanding recorded investment		Post-modification outstanding recorded investment		Increase (decrease) in the allowance for loan losses as a result of modification
Commercial real estate non-owner occupied	1	$	166	$	173	$	21
Commercial real estate owner occupied	4		10,878		6,812		10
Commercial and industrial	11		4,750		4,236		642
Mortgage	507		67,293		60,601		1,889
Leasing	1		8		6		1
Consumer:
Credit cards	31		265		263		4
Personal	59		756		753		122
Auto	4		107		107		44
Other	1		293		291		122
Total	619	$	84,516	$	73,242	$	2,855

Popular, Inc.
For the quarter ended September 30, 2020
(Dollars in thousands)	Loan count	Pre-modification outstanding recorded investment		Post-modification outstanding recorded investment		Increase (decrease) in the allowance for loan losses as a result of modification
Commercial multi-family	1	$	140	$	139	$	1
Commercial real estate non-owner occupied	2		5,060		5,058		-
Commercial real estate owner occupied	7		1,964		1,960		4
Commercial and industrial	12		625		614		-
Construction	1		21,514		21,514		4,370
Mortgage	348		40,932		36,036		3,784
Consumer:
Credit cards	82		1,032		1,076		14
Personal	92		1,682		1,682		290
Auto	1		18		19		3
Other	1		1		1		-
Total	547	$	72,968	$	68,099	$	8,466

Popular, Inc.
For the nine months ended September 30, 2021
(Dollars in thousands)	Loan count	Pre-modification outstanding recorded investment		Post-modification outstanding recorded investment		Increase (decrease) in the allowance for credit losses as a result of modification
Commercial multi-family	2	$	246	$	211	$	26
Commercial real estate non-owner occupied	10		3,461		3,454		162
Commercial real estate owner occupied	35		91,678		86,768		1,146
Commercial and industrial	26		5,463		4,943		707
Mortgage	1,426		173,041		171,852		5,040
Leasing	2		40		38		5
Consumer:
Credit cards	148		1,819		1,745		38
HELOCs	2		176		228		54
Personal	245		3,438		3,434		754
Auto	8		171		176		59
Other	7		304		302		124
Total	1,911	$	279,837	$	273,151	$	8,115

Popular, Inc.
For the nine months ended September 30, 2020
(Dollars in thousands)	Loan count	Pre-modification outstanding recorded investment		Post-modification outstanding recorded investment		Increase (decrease) in the allowance for credit losses as a result of modification
Commercial multi-family	2	$	1,133	$	1,115	$	(18)
Commercial real estate non-owner occupied	5		8,478		8,476		(748)
Commercial real estate owner occupied	26		8,463		8,436		110
Commercial and industrial	39		2,409		2,392		25
Construction	1		21,514		21,514		4,370
Mortgage	609		75,695		62,930		6,629
Leasing	14		326		327		6
Consumer:
Credit cards	699		6,492		6,530		276
HELOCs	2		369		298		862
Personal	273		4,703		4,701		781
Auto	12		164		166		15
Other	3		25		25		6
Total	1,685	$	129,771	$	116,910	$	12,314

T D R Loans Subsequent Default

Popular, Inc.
	Defaulted during the quarter ended September 30, 2021			Defaulted during the nine months ended September 30, 2021
(Dollars in thousands)	Loan count		Recorded investment as of first default date	Loan count		Recorded investment as of first default date
Commercial real estate non-owner occupied	-	$	-	4	$	8,421
Commercial real estate owner occupied	1		383	3		4,138
Commercial and industrial	-		-	5		317
Mortgage	25		2,503	72		7,514
Consumer:
Credit cards	17		202	74		914
Personal	13		158	21		603
Total	56	$	3,246	179	$	21,907

Popular, Inc.
	Defaulted during the quarter ended September 30, 2020			Defaulted during the nine months ended September 30, 2020
(Dollars in thousands)	Loan count		Recorded investment as of first default date	Loan count		Recorded investment as of first default date
Commercial real estate non-owner occupied	-	$	-	1	$	1,700
Commercial real estate owner occupied	-		-	5		846
Commercial and industrial	-		-	3		97
Mortgage	23		2,321	215		22,518
Consumer:
Credit cards	124		975	290		2,190
Personal	13		185	89		1,504
Other	-		-	2		1
Total	160	$	3,481	605	$	28,856

Financing Receivable Credit Quality Indicators

September 30, 2021
				Term Loans													Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis
				Amortized Cost Basis by Origination Year
(In thousands)					2021		2020		2019		2018		2017		Prior Years						Total
Puerto Rico
	Commercial:
		Commercial multi-family
			Watch	$	-	$	-	$	-	$	-	$	-	$	3,110	$	-	$	-	$	3,110
			Special mention		-		-		-		-		-		1,312		-		-		1,312
			Substandard		-		-		-		-		-		686		100		-		786
			Pass		2,824		21,372		35,750		25,554		2,076		57,430		213		-		145,219
		Total commercial multi-family		$	2,824	$	21,372	$	35,750	$	25,554	$	2,076	$	62,538	$	313	$	-	$	150,427
		Commercial real estate non-owner occupied
			Watch	$	54,738	$	231,426	$	68,212	$	99,375	$	2,427	$	212,035	$	2,867	$	-	$	671,080
			Special Mention		18,441		12,339		24,594		49,367		31,182		22,512		-		-		158,435
			Substandard		32,671		28,208		22,755		26,230		2,800		115,476		-		-		228,140
			Pass		496,138		88,514		32,198		22,145		82,474		561,833		5,671		-		1,288,973
		Total commercial real estate non-owner occupied		$	601,988	$	360,487	$	147,759	$	197,117	$	118,883	$	911,856	$	8,538	$	-	$	2,346,628
		Commercial real estate owner occupied
			Watch	$	6,772	$	6,180	$	13,723	$	9,351	$	4,935	$	127,870	$	-	$	-	$	168,831
			Special Mention		46,571		1,234		7,411		680		5,916		110,272		-		-		172,084
			Substandard		7,118		1,285		1,730		35,783		1,895		125,824		78		-		173,713
			Doubtful		-		-		-		-		93		786		-		-		879
			Pass		131,885		203,597		45,905		28,225		54,977		476,183		13,420		-		954,192
		Total commercial real estate owner occupied		$	192,346	$	212,296	$	68,769	$	74,039	$	67,816	$	840,935	$	13,498	$	-	$	1,469,699

	Commercial and industrial
		Watch	$	167,282	$	15,370	$	30,040	$	104,941	$	40,423	$	142,275	$	106,833	$	-	$	607,164
		Special Mention		18,527		12,857		17,732		36,533		2,267		29,846		55,841		-		173,603
		Substandard		15,941		3,645		3,478		22,878		67,558		45,470		60,900		-		219,870
		Doubtful		-		-		-		-		-		62		-		-		62
		Loss		3		-		-		-		-		-		-		-		3
		Pass		851,729		395,676		337,161		97,765		76,861		300,097		611,948		-		2,671,237
	Total commercial and industrial		$	1,053,482	$	427,548	$	388,411	$	262,117	$	187,109	$	517,750	$	835,522	$	-	$	3,671,939
Construction
		Watch	$	-	$	-	$	4,480	$	-	$	-	$	-	$	-	$	-	$	4,480
		Substandard		-		-		-		-		14,877		-		-		-		14,877
		Pass		14,425		46,319		21,009		3,316		-		-		23,053		-		108,122
Total construction			$	14,425	$	46,319	$	25,489	$	3,316	$	14,877	$	-	$	23,053	$	-	$	127,479
Mortgage
		Substandard	$	-	$	1,257	$	5,596	$	6,094	$	3,478	$	128,211	$	-	$	-	$	144,636
		Pass		368,271		322,589		234,963		278,337		201,259		4,824,994		-		-		6,230,413
Total mortgage			$	368,271	$	323,846	$	240,559	$	284,431	$	204,737	$	4,953,205	$	-	$	-	$	6,375,049
Leasing
		Substandard	$	138	$	439	$	648	$	578	$	448	$	289	$	-	$	-	$	2,540
		Loss		-		-		-		1		-		1		-		-		2
		Pass		493,471		354,102		244,949		149,989		72,831		30,795		-		-		1,346,137
Total leasing			$	493,609	$	354,541	$	245,597	$	150,568	$	73,279	$	31,085	$	-	$	-	$	1,348,679

September 30, 2021
				Term Loans													Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis
				Amortized Cost Basis by Origination Year
(In thousands)					2021		2020		2019		2018		2017		Prior Years						Total
Puerto Rico
	Consumer:
		Credit cards
			Substandard	$	-	$	-	$	-	$	-	$	-	$	-	$	7,558	$	-	$	7,558
			Pass		-		-		-		-		-		-		879,017		-		879,017
	Total credit cards			$	-	$	-	$	-	$	-	$	-	$	-	$	886,575	$	-	$	886,575
		HELOCs
			Pass	$	-	$	-	$	-	$	-	$	-	$	-	$	3,553	$	-	$	3,553
	Total HELOCs			$	-	$	-	$	-	$	-	$	-	$	-	$	3,553	$	-	$	3,553
		Personal
			Substandard	$	299	$	639	$	2,243	$	767	$	907	$	16,241	$	-	$	1,332	$	22,428
			Loss		-		-		-		-		-		1		-		-		1
			Pass		408,362		228,904		268,944		108,201		63,956		135,764		-		38,817		1,252,948
	Total Personal			$	408,661	$	229,543	$	271,187	$	108,968	$	64,863	$	152,006	$	-	$	40,149	$	1,275,377
		Auto
			Substandard	$	1,213	$	5,642	$	7,426	$	4,621	$	2,157	$	1,591	$	-	$	-	$	22,650
			Loss		-		37		27		7		-		-		-		-		71
			Pass		1,002,804		869,202		696,000		468,582		205,790		111,595		-		-		3,353,973
	Total Auto			$	1,004,017	$	874,881	$	703,453	$	473,210	$	207,947	$	113,186	$	-	$	-	$	3,376,694
		Other consumer
			Substandard	$	-	$	142	$	22	$	1,326	$	-	$	395	$	836	$	-	$	2,721
			Loss		-		-		-		452		234		34		11,180		-		11,900
			Pass		17,428		11,669		10,618		6,011		4,075		1,067		58,093		-		108,961
	Total Other consumer			$	17,428	$	11,811	$	10,640	$	7,789	$	4,309	$	1,496	$	70,109	$	-	$	123,582
Total Puerto Rico				$	4,157,051	$	2,862,644	$	2,137,614	$	1,587,109	$	945,896	$	7,584,057	$	1,841,161	$	40,149	$	21,155,681

September 30, 2021
				Term Loans													Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis
				Amortized Cost Basis by Origination Year
(In thousands)					2021		2020		2019		2018		2017		Prior Years						Total
Popular U.S.
	Commercial:
		Commercial multi-family
			Watch	$	-	$	41,564	$	33,750	$	46,123	$	47,791	$	39,089	$	-	$	-	$	208,317
			Special mention		-		-		11,200		16,395		11,131		53,961		-		-		92,687
			Substandard		-		15,500		86,857		12,812		-		31,028		-		-		146,197
			Pass		215,272		247,071		237,657		145,812		46,549		384,437		7,680		-		1,284,478
		Total commercial multi-family		$	215,272	$	304,135	$	369,464	$	221,142	$	105,471	$	508,515	$	7,680	$	-	$	1,731,679
		Commercial real estate non-owner occupied
			Watch	$	2,228	$	9,122	$	35,254	$	58,053	$	41,320	$	133,780	$	980	$	-	$	280,737
			Special Mention		-		-		3,226		7,068		8,317		15,904		-		-		34,515
			Substandard		-		760		6,435		14,626		11,521		74,887		-		-		108,229
			Pass		236,331		371,687		165,115		219,252		254,545		359,384		7,294		-		1,613,608
		Total commercial real estate non-owner occupied		$	238,559	$	381,569	$	210,030	$	298,999	$	315,703	$	583,955	$	8,274	$	-	$	2,037,089
		Commercial real estate owner occupied
			Watch	$	-	$	241	$	7,876	$	8,207	$	1,074	$	12,285	$	4,222	$	-	$	33,905
			Special Mention		-		-		-		-		-		2,435		-		-		2,435
			Substandard		-		-		1,158		2,896		-		21,030		-		-		25,084
			Pass		71,443		47,082		40,079		24,011		27,120		70,687		3,728		-		284,150
		Total commercial real estate owner occupied		$	71,443	$	47,323	$	49,113	$	35,114	$	28,194	$	106,437	$	7,950	$	-	$	345,574

	Commercial and industrial
		Watch	$	1,854	$	4,723	$	1,339	$	-	$	6	$	6,684	$	6,974	$	-	$	21,580
		Special Mention		2,415		8,473		-		-		78		-		8,229		-		19,195
		Substandard		516		69		4,614		-		-		1,298		254		-		6,751
		Pass		197,925		320,332		179,619		193,930		124,356		357,709		129,239		-		1,503,110
	Total commercial and industrial		$	202,710	$	333,597	$	185,572	$	193,930	$	124,440	$	365,691	$	144,696	$	-	$	1,550,636
Construction
		Watch	$	-	$	15,050	$	21,978	$	23,511	$	42,072	$	1,972	$	-	$	-	$	104,583
		Special Mention		-		-		-		-		-		13,623		-		-		13,623
		Substandard		-		-		-		24,029		-		9,786		-		-		33,815
		Pass		54,106		131,733		211,039		61,688		54,528		8,446		-		-		521,540
Total construction			$	54,106	$	146,783	$	233,017	$	109,228	$	96,600	$	33,827	$	-	$	-	$	673,561
Mortgage
		Substandard	$	-	$	476	$	2,427	$	786	$	-	$	10,846	$	-	$	-	$	14,535
		Pass		262,684		285,503		231,864		69,923		7,275		292,319		-		-		1,149,568
Total mortgage			$	262,684	$	285,979	$	234,291	$	70,709	$	7,275	$	303,165	$	-	$	-	$	1,164,103

September 30, 2021
				Term Loans													Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis
				Amortized Cost Basis by Origination Year
(In thousands)					2021		2020		2019		2018		2017		Prior Years						Total
Popular U.S.
	Consumer:
		Credit cards
			Pass	$	-	$	-	$	-	$	-	$	-	$	-	$	26	$	-	$	26
	Total credit cards			$	-	$	-	$	-	$	-	$	-	$	-	$	26	$	-	$	26
		HELOCs
			Substandard	$	-	$	-	$	-	$	-	$	-	$	3,319	$	-	$	902	$	4,221
			Loss		-		-		-		-		-		265		-		1,455		1,720
			Pass		-		-		-		-		-		12,339		38,657		22,812		73,808
	Total HELOCs			$	-	$	-	$	-	$	-	$	-	$	15,923	$	38,657	$	25,169	$	79,749
		Personal
			Substandard	$	-	$	139	$	288	$	48	$	19	$	177	$	-	$	-	$	671
			Loss		-		-		26		28		4		19		-		-		77
			Pass		12,044		23,544		56,900		9,942		4,108		6,058		134		-		112,730
	Total Personal			$	12,044	$	23,683	$	57,214	$	10,018	$	4,131	$	6,254	$	134	$	-	$	113,478
		Other consumer
			Pass	$	-	$	-	$	-	$	-	$	-	$	-	$	3,796	$	-	$	3,796
	Total Other consumer			$	-	$	-	$	-	$	-	$	-	$	-	$	3,796	$	-	$	3,796
Total Popular U.S.				$	1,056,818	$	1,523,069	$	1,338,701	$	939,140	$	681,814	$	1,923,767	$	211,213	$	25,169	$	7,699,691

September 30, 2021
				Term Loans													Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis
				Amortized Cost Basis by Origination Year
(In thousands)					2021		2020		2019		2018		2017		Prior Years						Total
Popular, Inc.
	Commercial:
		Commercial multi-family
			Watch	$	-	$	41,564	$	33,750	$	46,123	$	47,791	$	42,199	$	-	$	-	$	211,427
			Special mention		-		-		11,200		16,395		11,131		55,273		-		-		93,999
			Substandard		-		15,500		86,857		12,812		-		31,714		100		-		146,983
			Pass		218,096		268,443		273,407		171,366		48,625		441,867		7,893		-		1,429,697
		Total commercial multi-family		$	218,096	$	325,507	$	405,214	$	246,696	$	107,547	$	571,053	$	7,993	$	-	$	1,882,106
		Commercial real estate non-owner occupied
			Watch	$	56,966	$	240,548	$	103,466	$	157,428	$	43,747	$	345,815	$	3,847	$	-	$	951,817
			Special Mention		18,441		12,339		27,820		56,435		39,499		38,416		-		-		192,950
			Substandard		32,671		28,968		29,190		40,856		14,321		190,363		-		-		336,369
			Pass		732,469		460,201		197,313		241,397		337,019		921,217		12,965		-		2,902,581
		Total commercial real estate non-owner occupied		$	840,547	$	742,056	$	357,789	$	496,116	$	434,586	$	1,495,811	$	16,812	$	-	$	4,383,717
		Commercial real estate owner occupied
			Watch	$	6,772	$	6,421	$	21,599	$	17,558	$	6,009	$	140,155	$	4,222	$	-	$	202,736
			Special Mention		46,571		1,234		7,411		680		5,916		112,707		-		-		174,519
			Substandard		7,118		1,285		2,888		38,679		1,895		146,854		78		-		198,797
			Doubtful		-		-		-		-		93		786		-		-		879
			Pass		203,328		250,679		85,984		52,236		82,097		546,870		17,148		-		1,238,342
		Total commercial real estate owner occupied		$	263,789	$	259,619	$	117,882	$	109,153	$	96,010	$	947,372	$	21,448	$	-	$	1,815,273
		Commercial and industrial
			Watch	$	169,136	$	20,093	$	31,379	$	104,941	$	40,429	$	148,959	$	113,807	$	-	$	628,744
			Special Mention		20,942		21,330		17,732		36,533		2,345		29,846		64,070		-		192,798
			Substandard		16,457		3,714		8,092		22,878		67,558		46,768		61,154		-		226,621
			Doubtful		-		-		-		-		-		62		-		-		62
			Loss		3		-		-		-		-		-		-		-		3
			Pass		1,049,654		716,008		516,780		291,695		201,217		657,806		741,187		-		4,174,347
		Total commercial and industrial		$	1,256,192	$	761,145	$	573,983	$	456,047	$	311,549	$	883,441	$	980,218	$	-	$	5,222,575

September 30, 2021
			Term Loans													Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis
			Amortized Cost Basis by Origination Year
(In thousands)				2021		2020		2019		2018		2017		Prior Years						Total
Popular, Inc.
	Construction
		Watch	$	-	$	15,050	$	26,458	$	23,511	$	42,072	$	1,972	$	-	$	-	$	109,063
		Special Mention		-		-		-		-		-		13,623		-		-		13,623
		Substandard		-		-		-		24,029		14,877		9,786		-		-		48,692
		Pass		68,531		178,052		232,048		65,004		54,528		8,446		23,053		-		629,662
	Total construction		$	68,531	$	193,102	$	258,506	$	112,544	$	111,477	$	33,827	$	23,053	$	-	$	801,040
	Mortgage
		Substandard	$	-	$	1,733	$	8,023	$	6,880	$	3,478	$	139,057	$	-	$	-	$	159,171
		Pass		630,955		608,092		466,827		348,260		208,534		5,117,313		-		-		7,379,981
	Total mortgage		$	630,955	$	609,825	$	474,850	$	355,140	$	212,012	$	5,256,370	$	-	$	-	$	7,539,152
	Leasing
		Substandard	$	138	$	439	$	648	$	578	$	448	$	289	$	-	$	-	$	2,540
		Loss		-		-		-		1		-		1		-		-		2
		Pass		493,471		354,102		244,949		149,989		72,831		30,795		-		-		1,346,137
	Total leasing		$	493,609	$	354,541	$	245,597	$	150,568	$	73,279	$	31,085	$	-	$	-	$	1,348,679

September 30, 2021
				Term Loans													Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis
				Amortized Cost Basis by Origination Year
(In thousands)					2021		2020		2019		2018		2017		Prior Years						Total
Popular, Inc.
	Consumer:
		Credit cards
			Substandard	$	-	$	-	$	-	$	-	$	-	$	-	$	7,558	$	-	$	7,558
			Pass		-		-		-		-		-		-		879,043		-		879,043
	Total credit cards			$	-	$	-	$	-	$	-	$	-	$	-	$	886,601	$	-	$	886,601
		HELOCs
			Substandard	$	-	$	-	$	-	$	-	$	-	$	3,319	$	-	$	902	$	4,221
			Loss		-		-		-		-		-		265		-		1,455		1,720
			Pass		-		-		-		-		-		12,339		42,210		22,812		77,361
	Total HELOCs			$	-	$	-	$	-	$	-	$	-	$	15,923	$	42,210	$	25,169	$	83,302
		Personal
			Substandard	$	299	$	778	$	2,531	$	815	$	926	$	16,418	$	-	$	1,332	$	23,099
			Loss		-		-		26		28		4		20		-		-		78
			Pass		420,406		252,448		325,844		118,143		68,064		141,822		134		38,817		1,365,678
	Total Personal			$	420,705	$	253,226	$	328,401	$	118,986	$	68,994	$	158,260	$	134	$	40,149	$	1,388,855
		Auto
			Substandard	$	1,213	$	5,642	$	7,426	$	4,621	$	2,157	$	1,591	$	-	$	-	$	22,650
			Loss		-		37		27		7		-		-		-		-		71
			Pass		1,002,804		869,202		696,000		468,582		205,790		111,595		-		-		3,353,973
	Total Auto			$	1,004,017	$	874,881	$	703,453	$	473,210	$	207,947	$	113,186	$	-	$	-	$	3,376,694
		Other consumer
			Substandard	$	-	$	142	$	22	$	1,326	$	-	$	395	$	836	$	-	$	2,721
			Loss		-		-		-		452		234		34		11,180		-		11,900
			Pass		17,428		11,669		10,618		6,011		4,075		1,067		61,889		-		112,757
	Total Other consumer			$	17,428	$	11,811	$	10,640	$	7,789	$	4,309	$	1,496	$	73,905	$	-	$	127,378
Total Popular Inc.				$	5,213,869	$	4,385,713	$	3,476,315	$	2,526,249	$	1,627,710	$	9,507,824	$	2,052,374	$	65,318	$	28,855,372

December 31, 2020
				Term Loans													Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis
				Amortized Cost Basis by Origination Year
(In thousands)					2020		2019		2018		2017		2016		Prior Years						Total
Puerto Rico
	Commercial:
		Commercial multi-family
			Watch	$	-	$	-	$	-	$	-	$	-	$	460	$	-	$	-	$	460
			Special mention		-		-		-		-		-		4,160		-		-		4,160
			Substandard		-		-		-		-		-		400		100		-		500
			Pass		5,216		36,433		26,051		2,106		2,563		74,791		-		-		147,160
		Total commercial multi-family		$	5,216	$	36,433	$	26,051	$	2,106	$	2,563	$	79,811	$	100	$	-	$	152,280
		Commercial real estate non-owner occupied
			Watch	$	160,960	$	73,561	$	27,592	$	40,654	$	33,277	$	197,912	$	2,100	$	-	$	536,056
			Special Mention		-		26,331		124,560		29,711		19,895		62,839		836		-		264,172
			Substandard		43,399		74,303		26,799		4,932		29,974		130,218		95		-		309,720
			Pass		88,324		53,385		39,814		60,585		124,643		527,282		3,352		-		897,385
		Total commercial real estate non-owner occupied		$	292,683	$	227,580	$	218,765	$	135,882	$	207,789	$	918,251	$	6,383	$	-	$	2,007,333
		Commercial real estate owner occupied
			Watch	$	96,046	$	10,319	$	14,412	$	9,760	$	9,584	$	146,445	$	2,627	$	-	$	289,193
			Special Mention		850		6,638		249		6,571		282		172,078		-		-		186,668
			Substandard		1,774		2,181		37,686		1,878		27,094		145,193		-		-		215,806
			Doubtful		-		-		-		-		-		1,714		-		-		1,714
			Pass		204,840		54,274		31,917		57,854		128,392		417,376		10,861		-		905,514
		Total commercial real estate owner occupied		$	303,510	$	73,412	$	84,264	$	76,063	$	165,352	$	882,806	$	13,488	$	-	$	1,598,895

	Commercial and industrial
		Watch	$	131,556	$	77,821	$	182,776	$	40,318	$	63,968	$	267,856	$	243,335	$	-	$	1,007,630
		Special Mention		28,310		10,297		19,220		45,861		910		28,507		86,263		-		219,368
		Substandard		32,941		2,180		26,921		26,769		1,824		55,220		49,036		-		194,891
		Doubtful		-		67		-		1		-		54		1		-		123
		Loss		-		-		-		-		-		-		13		-		13
		Pass		1,181,399		492,778		119,709		168,174		105,442		218,716		520,865		-		2,807,083
	Total commercial and industrial		$	1,374,206	$	583,143	$	348,626	$	281,123	$	172,144	$	570,353	$	899,513	$	-	$	4,229,108
Construction
		Watch	$	-	$	105	$	4,895	$	-	$	-	$	-	$	960	$	-	$	5,960
		Substandard		-		-		-		21,497		-		-		-		-		21,497
		Pass		15,723		22,408		3,423		63,582		-		-		24,513		-		129,649
Total construction			$	15,723	$	22,513	$	8,318	$	85,079	$	-	$	-	$	25,473	$	-	$	157,106
Mortgage
		Substandard	$	754	$	903	$	1,172	$	3,129	$	4,374	$	159,359	$	-	$	-	$	169,691
		Pass		263,473		224,390		177,537		212,650		225,824		5,496,578		-		-		6,600,452
Total mortgage			$	264,227	$	225,293	$	178,709	$	215,779	$	230,198	$	5,655,937	$	-	$	-	$	6,770,143
Leasing
		Substandard	$	200	$	822	$	748	$	913	$	617	$	136	$	-	$	-	$	3,436
		Pass		480,964		315,022		209,340		109,708		63,955		15,236		-		-		1,194,225
Total leasing			$	481,164	$	315,844	$	210,088	$	110,621	$	64,572	$	15,372	$	-	$	-	$	1,197,661

December 31, 2020
				Term Loans													Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis
				Amortized Cost Basis by Origination Year
(In thousands)					2020		2019		2018		2017		2016		Prior Years						Total
Puerto Rico
	Consumer:
		Credit cards
			Substandard	$	-	$	-	$	-	$	-	$	-	$	-	$	12,798	$	-	$	12,798
			Pass		-		-		-		-		-		-		907,137		-		907,137
	Total credit cards			$	-	$	-	$	-	$	-	$	-	$	-	$	919,935	$	-	$	919,935
		HELOCs
			Pass	$	-	$	-	$	-	$	-	$	-	$	540	$	3,639	$	-	$	4,179
	Total HELOCs			$	-	$	-	$	-	$	-	$	-	$	540	$	3,639	$	-	$	4,179
		Personal
			Substandard	$	1,288	$	4,782	$	1,741	$	1,022	$	971	$	18,647	$	152	$	1,545	$	30,148
			Pass		323,170		413,973		168,142		99,768		57,319		137,693		2,144		45,390		1,247,599
	Total Personal			$	324,458	$	418,755	$	169,883	$	100,790	$	58,290	$	156,340	$	2,296	$	46,935	$	1,277,747
		Auto
			Substandard	$	1,975	$	6,029	$	3,612	$	1,760	$	1,369	$	990	$	-	$	-	$	15,735
			Pass		1,064,082		881,343		628,657		299,677		168,157		74,577		-		-		3,116,493
	Total Auto			$	1,066,057	$	887,372	$	632,269	$	301,437	$	169,526	$	75,567	$	-	$	-	$	3,132,228
		Other consumer
			Substandard	$	-	$	16	$	1,376	$	240	$	174	$	13,075	$	-	$	-	$	14,881
			Pass		16,912		15,698		13,158		4,966		2,828		3,785		54,437		-		111,784
	Total Other consumer			$	16,912	$	15,714	$	14,534	$	5,206	$	3,002	$	16,860	$	54,437	$	-	$	126,665
Total Puerto Rico				$	4,144,156	$	2,806,059	$	1,891,507	$	1,314,086	$	1,073,436	$	8,371,837	$	1,925,264	$	46,935	$	21,573,280

December 31, 2020
				Term Loans													Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis
				Amortized Cost Basis by Origination Year
(In thousands)					2020		2019		2018		2017		2016		Prior Years						Total
Popular U.S.
	Commercial:
		Commercial multi-family
			Watch	$	1,643	$	16,787	$	39,980	$	39,713	$	52,989	$	61,369	$	-	$	-	$	212,481
			Special mention		3,122		30,708		4,380		19,593		37,745		20,463		-		-		116,011
			Substandard		-		17,376		21,771		1,755		20,085		6,247		-		-		67,234
			Pass		326,008		289,652		163,812		100,555		132,400		332,709		2,849		-		1,347,985
		Total commercial multi-family		$	330,773	$	354,523	$	229,943	$	161,616	$	243,219	$	420,788	$	2,849	$	-	$	1,743,711
		Commercial real estate non-owner occupied
			Watch	$	10,057	$	23,877	$	76,629	$	56,112	$	49,166	$	62,766	$	1,055	$	-	$	279,662
			Special Mention		-		4,760		15,304		14,623		70,224		20,028		350		-		125,289
			Substandard		771		18,642		36,495		11,007		40,528		28,984		-		-		136,427
			Pass		397,686		231,904		224,256		236,008		142,432		214,495		5,651		-		1,452,432
		Total commercial real estate non-owner occupied		$	408,514	$	279,183	$	352,684	$	317,750	$	302,350	$	326,273	$	7,056	$	-	$	1,993,810
		Commercial real estate owner occupied
			Watch	$	393	$	8,266	$	7,941	$	4,060	$	16,689	$	16,108	$	4,222	$	-	$	57,679
			Special Mention		-		-		192		-		-		1,467		-		-		1,659
			Substandard		-		1,152		2,361		-		1,348		20,305		-		-		25,166
			Pass		48,684		47,484		47,451		28,761		18,296		68,739		461		-		259,876
		Total commercial real estate owner occupied		$	49,077	$	56,902	$	57,945	$	32,821	$	36,333	$	106,619	$	4,683	$	-	$	344,380

	Commercial and industrial
		Watch	$	16,126	$	1,973	$	30	$	3,621	$	1,196	$	8,488	$	3,972	$	-	$	35,406
		Special Mention		14,056		-		-		1,634		4,807		4,756		1,637		-		26,890
		Substandard		2,029		6,568		-		-		-		5,980		2,394		-		16,971
		Pass		410,349		196,958		198,249		132,993		123,762		300,846		102,369		-		1,465,526
	Total commercial and industrial		$	442,560	$	205,499	$	198,279	$	138,248	$	129,765	$	320,070	$	110,372	$	-	$	1,544,793
Construction
		Watch	$	8,451	$	-	$	-	$	37,015	$	-	$	2,065	$	-	$	-	$	47,531
		Special Mention		-		-		-		3,089		-		30,083		-		-		33,172
		Substandard		-		-		20,655		9,372		7,560		-		-		-		37,587
		Pass		79,489		288,865		168,411		99,814		8,392		5,841		-		-		650,812
Total construction			$	87,940	$	288,865	$	189,066	$	149,290	$	15,952	$	37,989	$	-	$	-	$	769,102
Mortgage
		Substandard	$	29	$	-	$	1,221	$	-	$	328	$	13,287	$	-	$	-	$	14,865
		Pass		356,839		275,289		103,160		9,337		9,530		351,517		-		-		1,105,672
Total mortgage			$	356,868	$	275,289	$	104,381	$	9,337	$	9,858	$	364,804	$	-	$	-	$	1,120,537

December 31, 2020
				Term Loans													Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis
				Amortized Cost Basis by Origination Year
(In thousands)					2020		2019		2018		2017		2016		Prior Years						Total
Popular U.S.
	Consumer:
		Credit cards
			Pass	$	-	$	-	$	-	$	-	$	-	$	-	$	31	$	-	$	31
	Total credit cards			$	-	$	-	$	-	$	-	$	-	$	-	$	31	$	-	$	31
		HELOCs
			Substandard	$	-	$	-	$	-	$	-	$	-	$	112	$	-	$	357	$	469
			Loss		-		-		-		-		-		156		-		6,867		7,023
			Pass		-		-		-		-		-		11,907		39,366		35,806		87,079
	Total HELOCs			$	-	$	-	$	-	$	-	$	-	$	12,175	$	39,366	$	43,030	$	94,571
		Personal
			Substandard	$	83	$	784	$	165	$	74	$	18	$	6	$	-	$	-	$	1,130
			Loss		-		17		63		12		6		244		2		-		344
			Pass		40,539		109,606		27,693		9,623		1,855		8,256		192		-		197,764
	Total Personal			$	40,622	$	110,407	$	27,921	$	9,709	$	1,879	$	8,506	$	194	$	-	$	199,238
		Other consumer
			Substandard	$	-		-		-		-		-		-		20		-		20
			Pass	$	-	$	-	$	-	$	-	$	-	$	-	$	1,723	$	-	$	1,723
	Total Other consumer			$	-	$	-	$	-	$	-	$	-	$	-	$	1,743	$	-	$	1,743
Total Popular U.S.				$	1,716,354	$	1,570,668	$	1,160,219	$	818,771	$	739,356	$	1,597,224	$	166,294	$	43,030	$	7,811,916

December 31, 2020
				Term Loans													Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis
				Amortized Cost Basis by Origination Year
(In thousands)					2020		2019		2018		2017		2016		Prior Years						Total
Popular, Inc.
	Commercial:
		Commercial multi-family
			Watch	$	1,643	$	16,787	$	39,980	$	39,713	$	52,989	$	61,829	$	-	$	-	$	212,941
			Special mention		3,122		30,708		4,380		19,593		37,745		24,623		-		-		120,171
			Substandard		-		17,376		21,771		1,755		20,085		6,647		100		-		67,734
			Pass		331,224		326,085		189,863		102,661		134,963		407,500		2,849		-		1,495,145
		Total commercial multi-family		$	335,989	$	390,956	$	255,994	$	163,722	$	245,782	$	500,599	$	2,949	$	-	$	1,895,991
		Commercial real estate non-owner occupied
			Watch	$	171,017	$	97,438	$	104,221	$	96,766	$	82,443	$	260,678	$	3,155	$	-	$	815,718
			Special Mention		-		31,091		139,864		44,334		90,119		82,867		1,186		-		389,461
			Substandard		44,170		92,945		63,294		15,939		70,502		159,202		95		-		446,147
			Pass		486,010		285,289		264,070		296,593		267,075		741,777		9,003		-		2,349,817
		Total commercial real estate non-owner occupied		$	701,197	$	506,763	$	571,449	$	453,632	$	510,139	$	1,244,524	$	13,439	$	-	$	4,001,143
		Commercial real estate owner occupied
			Watch	$	96,439	$	18,585	$	22,353	$	13,820	$	26,273	$	162,553	$	6,849	$	-	$	346,872
			Special Mention		850		6,638		441		6,571		282		173,545		-		-		188,327
			Substandard		1,774		3,333		40,047		1,878		28,442		165,498		-		-		240,972
			Doubtful		-		-		-		-		-		1,714		-		-		1,714
			Pass		253,524		101,758		79,368		86,615		146,688		486,115		11,322		-		1,165,390
		Total commercial real estate owner occupied		$	352,587	$	130,314	$	142,209	$	108,884	$	201,685	$	989,425	$	18,171	$	-	$	1,943,275
		Commercial and industrial
			Watch	$	147,682	$	79,794	$	182,806	$	43,939	$	65,164	$	276,344	$	247,307	$	-	$	1,043,036
			Special Mention		42,366		10,297		19,220		47,495		5,717		33,263		87,900		-		246,258
			Substandard		34,970		8,748		26,921		26,769		1,824		61,200		51,430		-		211,862
			Doubtful		-		67		-		1		-		54		1		-		123
			Loss		-		-		-		-		-		-		13		-		13
			Pass		1,591,748		689,736		317,958		301,167		229,204		519,562		623,234		-		4,272,609
		Total commercial and industrial		$	1,816,766	$	788,642	$	546,905	$	419,371	$	301,909	$	890,423	$	1,009,885	$	-	$	5,773,901

December 31, 2020
			Term Loans													Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis
			Amortized Cost Basis by Origination Year
(In thousands)				2020		2019		2018		2017		2016		Prior Years						Total
Popular, Inc.
	Construction
		Watch	$	8,451	$	105	$	4,895	$	37,015	$	-	$	2,065	$	960	$	-	$	53,491
		Special Mention		-		-		-		3,089		-		30,083		-		-		33,172
		Substandard		-		-		20,655		30,869		7,560		-		-		-		59,084
		Pass		95,212		311,273		171,834		163,396		8,392		5,841		24,513		-		780,461
	Total construction		$	103,663	$	311,378	$	197,384	$	234,369	$	15,952	$	37,989	$	25,473	$	-	$	926,208
	Mortgage
		Substandard	$	783	$	903	$	2,393	$	3,129	$	4,702	$	172,646	$	-	$	-	$	184,556
		Pass		620,312		499,679		280,697		221,987		235,354		5,848,095		-		-		7,706,124
	Total mortgage		$	621,095	$	500,582	$	283,090	$	225,116	$	240,056	$	6,020,741	$	-	$	-	$	7,890,680
	Leasing
		Substandard	$	200	$	822	$	748	$	913	$	617	$	136	$	-	$	-	$	3,436
		Pass		480,964		315,022		209,340		109,708		63,955		15,236		-		-		1,194,225
	Total leasing		$	481,164	$	315,844	$	210,088	$	110,621	$	64,572	$	15,372	$	-	$	-	$	1,197,661

December 31, 2020
				Term Loans													Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis
				Amortized Cost Basis by Origination Year
(In thousands)					2020		2019		2018		2017		2016		Prior Years						Total
Popular, Inc.
	Consumer:
		Credit cards
			Substandard	$	-	$	-	$	-	$	-	$	-	$	-	$	12,798	$	-	$	12,798
			Pass		-		-		-		-		-		-		907,168		-		907,168
	Total credit cards			$	-	$	-	$	-	$	-	$	-	$	-	$	919,966	$	-	$	919,966
		HELOCs
			Substandard	$	-	$	-	$	-	$	-	$	-	$	112	$	-	$	357	$	469
			Loss		-		-		-		-		-		156		-		6,867		7,023
			Pass		-		-		-		-		-		12,447		43,005		35,806		91,258
	Total HELOCs			$	-	$	-	$	-	$	-	$	-	$	12,715	$	43,005	$	43,030	$	98,750
		Personal
			Substandard	$	1,371	$	5,566	$	1,906	$	1,096	$	989	$	18,653	$	152	$	1,545	$	31,278
			Loss		-		17		63		12		6		244		2		-		344
			Pass		363,709		523,579		195,835		109,391		59,174		145,949		2,336		45,390		1,445,363
	Total Personal			$	365,080	$	529,162	$	197,804	$	110,499	$	60,169	$	164,846	$	2,490	$	46,935	$	1,476,985
		Auto
			Substandard	$	1,975	$	6,029	$	3,612	$	1,760	$	1,369	$	990	$	-	$	-	$	15,735
			Pass		1,064,082		881,343		628,657		299,677		168,157		74,577		-		-		3,116,493
	Total Auto			$	1,066,057	$	887,372	$	632,269	$	301,437	$	169,526	$	75,567	$	-	$	-	$	3,132,228
		Other consumer
			Substandard	$	-	$	16	$	1,376	$	240	$	174	$	13,075	$	20	$	-	$	14,901
			Pass		16,912		15,698		13,158		4,966		2,828		3,785		56,160		-		113,507
	Total Other consumer			$	16,912	$	15,714	$	14,534	$	5,206	$	3,002	$	16,860	$	56,180	$	-	$	128,408
Total Popular Inc.				$	5,860,510	$	4,376,727	$	3,051,726	$	2,132,857	$	1,812,792	$	9,969,061	$	2,091,558	$	89,965	$	29,385,196