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Income taxes - Differences between income tax expense (benefit) in Puerto Rico (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Amount        
Income tax expense $ 67,986 $ 83,542 $ 182,677 $ 233,466
PR        
Amount        
Computed income tax at statutory rates 183,893 124,370 385,567 360,859
Net benefit of tax exempt interest income (45,499) (34,294) (123,324) (105,297)
Deferred tax asset valuation allowance 3,724 3,529 9,662 19,682
Difference in tax rates due to multiple jurisdictions (7,147) (9,600) (20,457) (25,429)
Effect of income subject to preferential tax rate (109,588) (5,441) (116,630) (10,175)
Adjustment due to estimate on the annual effective rate 10,096 4,001 10,655 (6,732)
Unrecognized tax benefits (1,503) (5,484) (1,503) (5,484)
State and local taxes 3,726 6,352 10,957 8,943
Other 30,284 109 27,750 (2,901)
Income tax expense $ 67,986 $ 83,542 $ 182,677 $ 233,466
% of pre-tax income        
Computed income tax at statutory rates 38.00% 38.00% 38.00% 38.00%
Net benefit of tax exempt interest income (9.00%) (10.00%) (12.00%) (11.00%)
Deferred tax asset valuation allowance 1.00% 1.00% 1.00% 2.00%
Difference in tax rates due to multiple jurisdictions (2.00%) (3.00%) (2.00%) (3.00%)
Effect of income subject to preferential tax rate (22.00%) (2.00%) (11.00%) (1.00%)
Adjustment due to estimate on the annual effective rate 2.00% 1.00% 1.00% (1.00%)
Unrecognized tax benefits 0.00% (2.00%) 0.00% (1.00%)
State and local taxes 1.00% 2.00% 1.00% 1.00%
Others 6.00% 0.00% 3.00% 0.00%
Income tax expense 14.00% 25.00% 18.00% 24.00%