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Allowance for credit losses - Allowance Movement (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Financing Receivable, Allowance for Credit Losses        
Beginning balance $ 785,790 $ 918,434 $ 896,250 $ 477,708
Impact of adopting CECL       315,107
Provision for credit losses (benefit) (58,645) 19,452 (151,924) 271,551
Initial allowance for credit losses - PCD Loans 253 4,823 2,811 5,819
Charge-offs (31,567) (38,389) (109,347) (196,357)
Recoveries 22,744 21,530 80,785 52,022
Ending balance 718,575 925,850 718,575 925,850
Off Balance Sheet Credit Loss Liability [Rollforward]        
Balance at beginning of period 9,936 6,717 15,851 8,717
Impact of adopting CECL       (5,460)
Provision for credit losses (benefit) (1,536) 6,578 (7,451) 10,038
Balance at end of period 8,400 13,295 8,400 13,295
Construction        
Financing Receivable, Allowance for Credit Losses        
Beginning balance 11,256 6,459 14,237 4,840
Impact of adopting CECL       (2,923)
Provision for credit losses (benefit) (3,629) 5,837 (1,079) 10,010
Initial allowance for credit losses - PCD Loans 0 0 0 0
Charge-offs (1) 0 (7,143) 0
Recoveries 2,224 156 3,835 525
Ending balance 9,850 12,452 9,850 12,452
Off Balance Sheet Credit Loss Liability [Rollforward]        
Balance at beginning of period 5,077 2,816 9,079 419
Impact of adopting CECL       397
Provision for credit losses (benefit) (203) 3,311 (4,205) 5,311
Balance at end of period 4,874 6,127 4,874 6,127
Mortgages        
Financing Receivable, Allowance for Credit Losses        
Beginning balance 182,619 222,237 215,716 121,108
Impact of adopting CECL       96,512
Provision for credit losses (benefit) (14,653) 237 (41,573) 16,930
Initial allowance for credit losses - PCD Loans 253 4,823 2,811 5,819
Charge-offs (1,159) (5,229) (16,588) (22,968)
Recoveries 3,318 3,270 10,012 7,937
Ending balance 170,378 225,338 170,378 225,338
Off Balance Sheet Credit Loss Liability [Rollforward]        
Balance at beginning of period 0 0 0 0
Impact of adopting CECL       0
Provision for credit losses (benefit) 0 0 0 0
Balance at end of period 0 0 0 0
Commercial        
Financing Receivable, Allowance for Credit Losses        
Beginning balance 271,144 316,966 333,380 147,620
Impact of adopting CECL       91,930
Provision for credit losses (benefit) (32,436) 13,447 (106,380) 91,755
Initial allowance for credit losses - PCD Loans 0 0 0 0
Charge-offs (9,505) (2,543) (15,496) (9,251)
Recoveries 5,611 4,193 23,310 10,009
Ending balance 234,814 332,063 234,814 332,063
Off Balance Sheet Credit Loss Liability [Rollforward]        
Balance at beginning of period 4,811 3,840 6,666 830
Impact of adopting CECL       1,611
Provision for credit losses (benefit) (1,320) 3,262 (3,175) 4,661
Balance at end of period 3,491 7,102 3,491 7,102
Leasing        
Financing Receivable, Allowance for Credit Losses        
Beginning balance 17,551 13,093 16,863 10,768
Impact of adopting CECL       (713)
Provision for credit losses (benefit) (5,613) 1,746 (4,414) 11,481
Initial allowance for credit losses - PCD Loans 0 0 0 0
Charge-offs (1,054) (957) (3,247) (8,681)
Recoveries 750 1,286 2,432 2,313
Ending balance 11,634 15,168 11,634 15,168
Off Balance Sheet Credit Loss Liability [Rollforward]        
Balance at beginning of period 0 0 0 0
Impact of adopting CECL       0
Provision for credit losses (benefit) 0 0 0 0
Balance at end of period 0 0 0 0
Consumer        
Financing Receivable, Allowance for Credit Losses        
Beginning balance 303,220 359,679 316,054 193,372
Impact of adopting CECL       130,301
Provision for credit losses (benefit) (2,314) (1,815) 1,522 141,375
Initial allowance for credit losses - PCD Loans 0 0 0 0
Charge-offs (19,848) (29,660) (66,873) (155,457)
Recoveries 10,841 12,625 41,196 31,238
Ending balance 291,899 340,829 291,899 340,829
Off Balance Sheet Credit Loss Liability [Rollforward]        
Balance at beginning of period 48 61 106 7,468
Impact of adopting CECL       (7,468)
Provision for credit losses (benefit) (13) 5 (71) 66
Balance at end of period 35 66 35 66
Puerto Rico        
Financing Receivable, Allowance for Credit Losses        
Beginning balance 661,853 755,782 739,750 432,651
Impact of adopting CECL       270,368
Provision for credit losses (benefit) (35,992) 7,682 (98,456) 181,109
Initial allowance for credit losses - PCD Loans 253 4,823 2,811 5,819
Charge-offs (29,904) (34,041) (100,457) (181,214)
Recoveries 20,568 20,272 73,130 45,785
Ending balance 616,778 754,518 616,778 754,518
Off Balance Sheet Credit Loss Liability [Rollforward]        
Balance at beginning of period 4,657 2,419 9,523 8,439
Impact of adopting CECL       (6,494)
Provision for credit losses (benefit) (252) 4,667 (5,118) 5,141
Balance at end of period 4,405 7,086 4,405 7,086
Puerto Rico | Construction        
Financing Receivable, Allowance for Credit Losses        
Beginning balance 1,220 354 4,871 574
Impact of adopting CECL       115
Provision for credit losses (benefit) (1,532) 4,358 255 3,809
Initial allowance for credit losses - PCD Loans 0 0 0 0
Charge-offs (1) 0 (6,620) 0
Recoveries 2,224 156 3,405 370
Ending balance 1,911 4,868 1,911 4,868
Off Balance Sheet Credit Loss Liability [Rollforward]        
Balance at beginning of period 1,405 145 4,610 294
Impact of adopting CECL       (185)
Provision for credit losses (benefit) 663 2,581 (2,542) 2,617
Balance at end of period 2,068 2,726 2,068 2,726
Puerto Rico | Mortgages        
Financing Receivable, Allowance for Credit Losses        
Beginning balance 166,808 199,250 195,557 116,281
Impact of adopting CECL       86,081
Provision for credit losses (benefit) (14,110) 1,549 (36,179) 10,533
Initial allowance for credit losses - PCD Loans 253 4,823 2,811 5,819
Charge-offs (1,157) (5,217) (16,585) (22,940)
Recoveries 3,268 3,253 9,458 7,884
Ending balance 155,062 203,658 155,062 203,658
Off Balance Sheet Credit Loss Liability [Rollforward]        
Balance at beginning of period 0 0 0 0
Impact of adopting CECL       0
Provision for credit losses (benefit) 0 0 0 0
Balance at end of period 0 0 0 0
Puerto Rico | Commercial        
Financing Receivable, Allowance for Credit Losses        
Beginning balance 186,784 214,927 225,323 131,063
Impact of adopting CECL       62,393
Provision for credit losses (benefit) (13,923) 1,562 (63,773) 24,710
Initial allowance for credit losses - PCD Loans 0 0 0 0
Charge-offs (9,481) (2,059) (14,399) (7,799)
Recoveries 5,124 4,018 21,353 8,081
Ending balance 168,504 218,448 168,504 218,448
Off Balance Sheet Credit Loss Liability [Rollforward]        
Balance at beginning of period 3,252 2,274 4,913 678
Impact of adopting CECL       1,158
Provision for credit losses (benefit) (915) 2,086 (2,576) 2,524
Balance at end of period 2,337 4,360 2,337 4,360
Puerto Rico | Leasing        
Financing Receivable, Allowance for Credit Losses        
Beginning balance 17,551 13,093 16,863 10,768
Impact of adopting CECL       (713)
Provision for credit losses (benefit) (5,613) 1,746 (4,414) 11,481
Initial allowance for credit losses - PCD Loans 0 0 0 0
Charge-offs (1,054) (957) (3,247) (8,681)
Recoveries 750 1,286 2,432 2,313
Ending balance 11,634 15,168 11,634 15,168
Off Balance Sheet Credit Loss Liability [Rollforward]        
Balance at beginning of period 0 0 0 0
Impact of adopting CECL       0
Provision for credit losses (benefit) 0 0 0 0
Balance at end of period 0 0 0 0
Puerto Rico | Consumer        
Financing Receivable, Allowance for Credit Losses        
Beginning balance 289,490 328,158 297,136 173,965
Impact of adopting CECL       122,492
Provision for credit losses (benefit) (814) (1,533) 5,655 130,576
Initial allowance for credit losses - PCD Loans 0 0 0 0
Charge-offs (18,211) (25,808) (59,606) (141,794)
Recoveries 9,202 11,559 36,482 27,137
Ending balance 279,667 312,376 279,667 312,376
Off Balance Sheet Credit Loss Liability [Rollforward]        
Balance at beginning of period 0 0 0 7,467
Impact of adopting CECL       (7,467)
Provision for credit losses (benefit) 0 0 0 0
Balance at end of period 0 0 0 0
Popular U.S.        
Financing Receivable, Allowance for Credit Losses        
Beginning balance 123,937 162,652 156,500 45,057
Impact of adopting CECL       44,739
Provision for credit losses (benefit) (22,653) 11,770 (53,468) 90,442
Charge-offs (1,663) (4,348) (8,890) (15,143)
Recoveries 2,176 1,258 7,655 6,237
Ending balance 101,797 171,332 101,797 171,332
Off Balance Sheet Credit Loss Liability [Rollforward]        
Balance at beginning of period 5,279 4,298 6,328 278
Impact of adopting CECL       1,034
Provision for credit losses (benefit) (1,284) 1,911 (2,333) 4,897
Balance at end of period 3,995 6,209 3,995 6,209
Popular U.S. | Construction        
Financing Receivable, Allowance for Credit Losses        
Beginning balance 10,036 6,105 9,366 4,266
Impact of adopting CECL       (3,038)
Provision for credit losses (benefit) (2,097) 1,479 (1,334) 6,201
Charge-offs 0 0 (523) 0
Recoveries 0 0 430 155
Ending balance 7,939 7,584 7,939 7,584
Off Balance Sheet Credit Loss Liability [Rollforward]        
Balance at beginning of period 3,672 2,671 4,469 125
Impact of adopting CECL       582
Provision for credit losses (benefit) (866) 730 (1,663) 2,694
Balance at end of period 2,806 3,401 2,806 3,401
Popular U.S. | Mortgages        
Financing Receivable, Allowance for Credit Losses        
Beginning balance 15,811 22,987 20,159 4,827
Impact of adopting CECL       10,431
Provision for credit losses (benefit) (543) (1,312) (5,394) 6,397
Charge-offs (2) (12) (3) (28)
Recoveries 50 17 554 53
Ending balance 15,316 21,680 15,316 21,680
Off Balance Sheet Credit Loss Liability [Rollforward]        
Balance at beginning of period 0 0 0 0
Impact of adopting CECL       0
Provision for credit losses (benefit) 0 0 0 0
Balance at end of period 0 0 0 0
Popular U.S. | Commercial        
Financing Receivable, Allowance for Credit Losses        
Beginning balance 84,360 102,039 108,057 16,557
Impact of adopting CECL       29,537
Provision for credit losses (benefit) (18,513) 11,885 (42,607) 67,045
Charge-offs (24) (484) (1,097) (1,452)
Recoveries 487 175 1,957 1,928
Ending balance 66,310 113,615 66,310 113,615
Off Balance Sheet Credit Loss Liability [Rollforward]        
Balance at beginning of period 1,559 1,566 1,753 152
Impact of adopting CECL       453
Provision for credit losses (benefit) (405) 1,176 (599) 2,137
Balance at end of period 1,154 2,742 1,154 2,742
Popular U.S. | Consumer        
Financing Receivable, Allowance for Credit Losses        
Beginning balance 13,730 31,521 18,918 19,407
Impact of adopting CECL       7,809
Provision for credit losses (benefit) (1,500) (282) (4,133) 10,799
Charge-offs (1,637) (3,852) (7,267) (13,663)
Recoveries 1,639 1,066 4,714 4,101
Ending balance 12,232 28,453 12,232 28,453
Off Balance Sheet Credit Loss Liability [Rollforward]        
Balance at beginning of period 48 61 106 1
Impact of adopting CECL       (1)
Provision for credit losses (benefit) (13) 5 (71) 66
Balance at end of period $ 35 $ 66 $ 35 $ 66