Segment reporting (Tables) |
12 Months Ended |
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Dec. 31, 2022 | |
Table Text Block | |
Results of Operations and Total Assets | December 31, 2022 Banco Popular Intersegment (In thousands) de Puerto Rico Popular U.S. Eliminations Net interest income $ 1,823,517 $ 372,988 $ 3 Provision for credit losses 70,304 12,452 - Non-interest income 680,276 31,958 (547) Amortization of intangibles 1,937 1,338 - Goodwill impairment charge - 9,000 - Depreciation expense 47,003 6,919 - Other operating expenses 1,454,187 230,136 (543) Income tax expense 148,351 (25,205) - Net income $ 782,011 $ 170,306 $ (1) Segment assets $ 56,190,260 $ 11,558,280 $ (421,781) Reportable Total (In thousands) Corporate Eliminations Popular, Inc. Net interest income (expense) $ 2,196,508 $ (29,149) $ - $ 2,167,359 Provision for credit losses 82,756 274 - 83,030 Non-interest income 711,687 189,835 (4,460) 897,062 Amortization of intangibles 3,275 - - 3,275 Goodwill impairment charge 9,000 - - 9,000 Depreciation expense 53,922 1,185 - 55,107 Other operating expenses 1,683,780 80 (4,822) 1,679,038 Income tax expense 123,146 9,074 110 132,330 Net income $ 952,316 $ 150,073 $ 252 $ 1,102,641 Segment assets $ 67,326,759 $ 5,390,122 $ (5,078,964) $ 67,637,917 December 31, 2021 Banco Popular Intersegment (In thousands) de Puerto Rico Popular U.S. Net interest income $ 1,674,589 $ 321,154 $ 6 Provision for credit losses (benefit) (136,352) (56,897) - Non-interest income 565,310 24,518 (548) Amortization of intangibles 2,813 665 - Depreciation expense 46,539 7,415 - Other operating expenses 1,285,959 203,892 (544) Income tax expense 253,479 56,538 - Net income $ 787,461 $ 134,059 $ 2 Segment assets $ 64,336,681 $ 10,399,066 $ (31,528) Reportable Total (In thousands) Corporate Eliminations Popular, Inc. Net interest income (expense) $ 1,995,749 $ (38,159) $ - $ 1,957,590 Provision for credit losses (benefit) (193,249) (215) - (193,464) Non-interest income 589,280 56,535 (3,687) 642,128 Amortization of intangibles 3,478 5,656 - 9,134 Depreciation expense 53,954 1,150 - 55,104 Other operating expenses 1,489,307 (545) (3,725) 1,485,037 Income tax expense (benefit) 310,017 (1,085) 86 309,018 Net income $ 921,522 $ 13,415 $ (48) $ 934,889 Segment assets $ 74,704,219 $ 5,458,718 $ (5,065,038) $ 75,097,899 December 31, 2020 Banco Popular Intersegment (In thousands) de Puerto Rico Popular U.S. Net interest income $ 1,593,599 $ 302,517 $ 11 Provision for credit losses 210,955 81,486 - Non-interest income 445,893 24,285 (553) Amortization of intangibles 5,634 665 - Depreciation expense 47,890 9,558 - Other operating expenses 1,169,816 228,406 (544) Income tax expense 106,211 7,411 - Net income (loss) $ 498,986 $ (724) $ 2 Segment assets $ 55,353,626 $ 10,255,954 $ (33,935) Reportable Total (In thousands) Corporate Eliminations Popular, Inc. Net interest income (expense) $ 1,896,127 $ (39,514) $ - $ 1,856,613 Provision for credit losses 292,441 95 - 292,536 Non-interest income 469,625 46,442 (3,755) 512,312 Amortization of intangibles 6,299 98 - 6,397 Depreciation expense 57,448 1,004 - 58,452 Other operating expenses 1,397,678 (1,212) (3,486) 1,392,980 Income tax expense (benefit) 113,622 (1,560) (124) 111,938 Net income $ 498,264 $ 8,503 $ (145) $ 506,622 Segment assets $ 65,575,645 $ 5,214,439 $ (4,864,084) $ 65,926,000 |
Schedule Of Revenues And Selected Balance Sheet Information By Geographic Area | (In thousands) 2022 2021 2020 Revenues: [1] Puerto Rico $ 2,505,988 $ 2,136,481 $ 1,921,207 United States 480,545 390,201 376,529 Other 77,888 73,036 71,189 Total consolidated $ 3,064,421 $ 2,599,718 $ 2,368,925 [1] Total revenues include of debt securities, net gain, including impairment on equity securities, loans, including valuation adjustments on loans held-for-sale, Selected Balance Sheet Information (In thousands) 2022 2021 2020 Puerto Rico Total assets $ 53,541,427 $ 63,221,282 $ 54,143,954 Loans 20,884,442 19,770,118 20,413,112 Deposits 51,138,790 57,211,608 47,586,880 United States Total assets $ 12,718,775 $ 10,986,055 $ 10,878,030 Loans 10,643,964 8,903,493 8,396,983 Deposits 8,182,702 7,777,232 7,672,549 Other Total assets $ 1,377,715 $ 890,562 $ 904,016 Loans 554,744 626,115 674,556 Deposits [1] 1,905,735 2,016,248 1,606,911 [1] Represents deposits from BPPR operations located in the |