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Fair value of financial instruments - Carrying or notional amounts and estimated fair values for financial instruments (Details) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Jun. 30, 2021
Dec. 31, 2020
Financial Assets:        
Cash and due from banks $ 528,590 $ 428,433    
Money market investments 9,687,356 17,536,719    
Debt securities available-for-sale 26,266,251 24,968,269    
Debt securities held-to-maturity 1,656,520 71,365    
Equity securities:        
Equity securities, at lower of cost or realizable value 175,870 189,977    
Loans held in portfolio 29,689,186 28,545,191    
Mortgage servicing rights 129,877 121,570 $ 119,467 $ 118,395
Deposits        
Time deposits 7,095,522 6,712,149    
Deposits 65,327,664 67,005,088    
Assets sold under agreements to repurchase 70,925 91,603    
Other short-term borrowings 0 75,000    
Notes payable:        
Notes payable 888,210 988,563    
US Treasury Securities        
Financial Assets:        
Debt securities available-for-sale 18,840,482 15,859,030    
Debt securities held-to-maturity 1,588,746      
Obligations of Puerto Rico, States and political subdivisions        
Financial Assets:        
Debt securities held-to-maturity 61,790 65,380    
Collateralized Mortgage Obligations - Federal agencies        
Financial Assets:        
Debt securities available-for-sale 172,784 221,265    
Debt securities held-to-maturity 24 25    
Securities in wholly owned statutory business trusts        
Financial Assets:        
Debt securities held-to-maturity 5,960 5,960    
Other        
Financial Assets:        
Debt securities available-for-sale 595 128    
Carrying amount        
Financial Assets:        
Cash and due from banks 528,590 428,433    
Money market investments 9,687,356 17,536,719    
Trading account debt securities, excluding derivatives 32,317 29,711    
Debt securities available-for-sale 26,266,251 24,968,269    
Debt securities held-to-maturity 1,656,520 71,365    
Equity securities:        
FHLB stock 49,595 59,918    
FRB stock 94,691 96,217    
Other investments 31,584 33,842    
Equity securities, at lower of cost or realizable value 175,870 189,977    
Loans held-for-sale 28,546 59,168    
Loans held in portfolio 29,689,186 28,545,191    
Mortgage servicing rights 129,877 121,570    
Derivatives 17,218 26,093    
Deposits        
Demand deposits 58,232,142 60,292,939    
Time deposits 7,095,522 6,712,149    
Deposits 65,327,664 67,005,088    
Assets sold under agreements to repurchase 70,925 91,603    
Other short-term borrowings   75,000    
Notes payable:        
FHLB advances 391,429 492,429    
Unsecured senior debt securities 298,475 297,842    
Junior subordinated deferrable interest debentures (related to trust preferred securities) 198,306 198,292    
Notes payable 888,210 988,563    
Derivatives 16,173 22,878    
Contingent consideration 9,241 9,241    
Carrying amount | US Treasury Securities        
Financial Assets:        
Debt securities held-to-maturity 1,588,746      
Carrying amount | Obligations of Puerto Rico, States and political subdivisions        
Financial Assets:        
Debt securities held-to-maturity 61,790 65,380    
Carrying amount | Collateralized Mortgage Obligations - Federal agencies        
Financial Assets:        
Debt securities held-to-maturity 24 25    
Carrying amount | Securities in wholly owned statutory business trusts        
Financial Assets:        
Debt securities held-to-maturity 5,960 5,960    
Fair Value        
Financial Assets:        
Cash and due from banks 528,590 428,433    
Money market investments 9,687,356 17,536,719    
Trading account debt securities, excluding derivatives 32,317 29,711    
Debt securities available-for-sale 26,266,251 24,968,269    
Debt securities held-to-maturity 1,649,561 83,368    
Equity securities:        
FHLB stock 49,595 59,918    
FRB stock 94,691 96,217    
Other investments 32,411 36,210    
Equity securities, at lower of cost or realizable value 176,697 192,345    
Loans held-for-sale 29,008 59,885    
Loans held in portfolio 28,385,203 27,489,583    
Mortgage servicing rights 129,877 121,570    
Derivatives 17,218 26,093    
Deposits        
Demand deposits 58,232,142 60,292,939    
Time deposits 6,813,156 6,647,301    
Deposits 65,045,298 66,940,240    
Assets sold under agreements to repurchase 70,991 91,602    
Other short-term borrowings   75,000    
Notes payable:        
FHLB advances 371,908 496,091    
Unsecured senior debt securities 305,052 319,296    
Junior subordinated deferrable interest debentures (related to trust preferred securities) 197,151 201,879    
Notes payable 874,111 1,017,266    
Derivatives 16,173 22,878    
Contingent consideration 9,241 9,241    
Fair Value | US Treasury Securities        
Financial Assets:        
Debt securities held-to-maturity 1,577,586      
Fair Value | Obligations of Puerto Rico, States and political subdivisions        
Financial Assets:        
Debt securities held-to-maturity 65,991 77,383    
Fair Value | Collateralized Mortgage Obligations - Federal agencies        
Financial Assets:        
Debt securities held-to-maturity 24 25    
Fair Value | Securities in wholly owned statutory business trusts        
Financial Assets:        
Debt securities held-to-maturity 5,960 5,960    
Fair Value | Level 1        
Financial Assets:        
Cash and due from banks 528,590 428,433    
Money market investments 9,680,569 17,530,640    
Trading account debt securities, excluding derivatives 16,873 6,530    
Debt securities available-for-sale 2,019,437 0    
Debt securities held-to-maturity 0 0    
Equity securities:        
FHLB stock 0 0    
FRB stock 0 0    
Other investments 0 0    
Equity securities, at lower of cost or realizable value 0 0    
Loans held-for-sale 0 0    
Loans held in portfolio 0 0    
Mortgage servicing rights 0 0    
Derivatives 0 0    
Deposits        
Demand deposits 0 0    
Time deposits 0 0    
Deposits 0 0    
Assets sold under agreements to repurchase 0 0    
Other short-term borrowings   0    
Notes payable:        
FHLB advances 0 0    
Unsecured senior debt securities 0 0    
Junior subordinated deferrable interest debentures (related to trust preferred securities) 0 0    
Notes payable 0 0    
Derivatives 0 0    
Contingent consideration 0 0    
Fair Value | Level 1 | US Treasury Securities        
Financial Assets:        
Debt securities held-to-maturity 0      
Fair Value | Level 1 | Obligations of Puerto Rico, States and political subdivisions        
Financial Assets:        
Debt securities held-to-maturity 0 0    
Fair Value | Level 1 | Collateralized Mortgage Obligations - Federal agencies        
Financial Assets:        
Debt securities held-to-maturity 0 0    
Fair Value | Level 1 | Securities in wholly owned statutory business trusts        
Financial Assets:        
Debt securities held-to-maturity 0 0    
Fair Value | Level 2        
Financial Assets:        
Cash and due from banks 0 0    
Money market investments 6,787 6,079    
Trading account debt securities, excluding derivatives 15,028 22,703    
Debt securities available-for-sale 24,245,535 24,967,443    
Debt securities held-to-maturity 1,583,546 5,960    
Equity securities:        
FHLB stock 49,595 59,918    
FRB stock 94,691 96,217    
Other investments 28,214 32,429    
Equity securities, at lower of cost or realizable value 172,500 188,564    
Loans held-for-sale 0 0    
Loans held in portfolio 0 0    
Mortgage servicing rights 0 0    
Derivatives 17,218 26,093    
Deposits        
Demand deposits 58,232,142 60,292,939    
Time deposits 6,813,156 6,647,301    
Deposits 65,045,298 66,940,240    
Assets sold under agreements to repurchase 70,991 91,602    
Other short-term borrowings   75,000    
Notes payable:        
FHLB advances 371,908 496,091    
Unsecured senior debt securities 305,052 319,296    
Junior subordinated deferrable interest debentures (related to trust preferred securities) 197,151 201,879    
Notes payable 874,111 1,017,266    
Derivatives 16,173 22,878    
Contingent consideration 0 0    
Fair Value | Level 2 | US Treasury Securities        
Financial Assets:        
Debt securities held-to-maturity 1,577,586      
Fair Value | Level 2 | Obligations of Puerto Rico, States and political subdivisions        
Financial Assets:        
Debt securities held-to-maturity 0 0    
Fair Value | Level 2 | Collateralized Mortgage Obligations - Federal agencies        
Financial Assets:        
Debt securities held-to-maturity 0 0    
Fair Value | Level 2 | Securities in wholly owned statutory business trusts        
Financial Assets:        
Debt securities held-to-maturity 5,960 5,960    
Fair Value | Level 3        
Financial Assets:        
Cash and due from banks 0 0    
Money market investments 0 0    
Trading account debt securities, excluding derivatives 416 478    
Debt securities available-for-sale 1,279 826    
Debt securities held-to-maturity 66,015 77,408    
Equity securities:        
FHLB stock 0 0    
FRB stock 0 0    
Other investments 3,982 3,704    
Equity securities, at lower of cost or realizable value 3,982 3,704    
Loans held-for-sale 29,008 59,885    
Loans held in portfolio 28,385,203 27,489,583    
Mortgage servicing rights 129,877 121,570    
Derivatives 0 0    
Deposits        
Demand deposits 0 0    
Time deposits 0 0    
Deposits 0 0    
Assets sold under agreements to repurchase 0 0    
Other short-term borrowings   0    
Notes payable:        
FHLB advances 0 0    
Unsecured senior debt securities 0 0    
Junior subordinated deferrable interest debentures (related to trust preferred securities) 0 0    
Notes payable 0 0    
Derivatives 0 0    
Contingent consideration 9,241 9,241    
Fair Value | Level 3 | US Treasury Securities        
Financial Assets:        
Debt securities held-to-maturity 0      
Fair Value | Level 3 | Obligations of Puerto Rico, States and political subdivisions        
Financial Assets:        
Debt securities held-to-maturity 65,991 77,383    
Fair Value | Level 3 | Collateralized Mortgage Obligations - Federal agencies        
Financial Assets:        
Debt securities held-to-maturity 24 25    
Fair Value | Level 3 | Securities in wholly owned statutory business trusts        
Financial Assets:        
Debt securities held-to-maturity 0 0    
Fair Value | NAV        
Financial Assets:        
Cash and due from banks 0 0    
Money market investments 0 0    
Trading account debt securities, excluding derivatives 0 0    
Debt securities available-for-sale 0 0    
Debt securities held-to-maturity 0 0    
Equity securities:        
FHLB stock 0 0    
FRB stock 0 0    
Other investments 215 77    
Equity securities, at lower of cost or realizable value 215 77    
Loans held-for-sale 0 0    
Loans held in portfolio 0 0    
Mortgage servicing rights 0 0    
Derivatives 0 0    
Deposits        
Demand deposits 0 0    
Time deposits 0 0    
Deposits 0 0    
Assets sold under agreements to repurchase 0 0    
Other short-term borrowings   0    
Notes payable:        
FHLB advances 0 0    
Unsecured senior debt securities 0 0    
Junior subordinated deferrable interest debentures (related to trust preferred securities) 0 0    
Notes payable 0 0    
Derivatives 0 0    
Contingent consideration 0 0    
Fair Value | NAV | US Treasury Securities        
Financial Assets:        
Debt securities held-to-maturity 0      
Fair Value | NAV | Obligations of Puerto Rico, States and political subdivisions        
Financial Assets:        
Debt securities held-to-maturity 0 0    
Fair Value | NAV | Collateralized Mortgage Obligations - Federal agencies        
Financial Assets:        
Debt securities held-to-maturity 0 0    
Fair Value | NAV | Securities in wholly owned statutory business trusts        
Financial Assets:        
Debt securities held-to-maturity $ 0 $ 0