Goodwill and other intangible assets (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure

Goodwill and accumulated impairment losses by reportable segments

March 31, 2023

Balance at

Balance at

March 31,

Accumulated

March 31,

2023

impairment 

2023

(In thousands)

 (gross amounts)

losses

 (net amounts)

Banco Popular de Puerto Rico

$

440,184

$

3,801

$

436,383

Popular U.S.

564,456

173,411

391,045

Total Popular, Inc. 

$

1,004,640

$

177,212

$

827,428

December 31, 2022

 Balance at 

 Balance at 

December 31,

Accumulated

December 31,

2022

impairment 

2022

(In thousands)

 (gross amounts)

losses

 (net amounts)

Banco Popular de Puerto Rico

$

440,184

$

3,801

$

436,383

Popular U.S.

564,456

173,411

391,045

Total Popular, Inc. 

$

1,004,640

$

177,212

$

827,428

Components of other intangible assets subject to amortization

Gross Carrying

Accumulated

Net

Carrying

(In thousands)

Amount

Amortization

Value

March 31, 2023

Core deposits

$

12,810

$

10,355

$

2,455

Other customer relationships

14,286

5,352

8,934

Total other intangible assets

$

27,096

$

15,707

$

11,389

December 31, 2022

Core deposits

$

12,810

$

10,034

$

2,776

Other customer relationships

14,286

4,878

9,408

Total other intangible assets

$

27,096

$

14,912

$

12,184

Estimated amortization of the intangible assets with definite useful lives

(In thousands)

Remaining 2023

$

2,384

Year 2024

2,938

Year 2025

1,750

Year 2026

1,440

Year 2027

959

Later years

1,918