XML 112 R98.htm IDEA: XBRL DOCUMENT v3.23.2
Allowance for credit losses - Allowance Movement (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance $ 689,120 $ 677,792 $ 720,302 $ 695,366 $ 695,366
Provision for credit losses (benefit) 35,661 9,861 82,807 (4,544)  
Allowance for credit losses - PCD Loans 10 170 78 782  
Charge-offs (44,773) (27,757) (98,926) (53,509)  
Recoveries 20,783 21,684 42,123 43,655  
Net Write Down (601)   (601)    
Ending balance 700,200 681,750 700,200 681,750 720,302
Allowance for credit losses - unfunded commitments:          
Balance at beginning of period 9,415 7,054 8,805 7,897 7,897
Provision for credit losses (benefit) 2,178 (150) 2,788 (993)  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs 0 0 0 0  
Recoveries 0 0 0 0  
Net Write Down 0   0    
Balance at end of period 11,593 6,904 11,593 6,904 8,805
ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (45,583)    
Allowance for credit losses - unfunded commitments:          
Impact of adopting ASU 2022-02     0    
Construction          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 4,330 6,539 4,246 6,363 6,363
Provision for credit losses (benefit) 7,002 (25) 7,086 (1,393)  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs 0 0 0 0  
Recoveries 0 399 0 1,943  
Net Write Down 0   0    
Ending balance 11,332 6,913 11,332 6,913 4,246
Allowance for credit losses - unfunded commitments:          
Balance at beginning of period 3,224 4,059 3,206 4,725 4,725
Provision for credit losses (benefit) 1,683 (564) 1,701 (1,230)  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs 0 0 0 0  
Recoveries 0 0 0 0  
Net Write Down 0   0    
Balance at end of period 4,907 3,495 4,907 3,495 3,206
Construction | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     0    
Allowance for credit losses - unfunded commitments:          
Impact of adopting ASU 2022-02     0    
Mortgages          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 104,477 149,206 135,254 154,478 154,478
Provision for credit losses (benefit) (11,887) (5,459) (11,046) (14,355)  
Allowance for credit losses - PCD Loans 10 170 78 782  
Charge-offs (297) (1,435) (1,143) (2,756)  
Recoveries 3,790 5,823 8,604 10,156  
Net Write Down 0   0    
Ending balance 96,093 148,305 96,093 148,305 135,254
Mortgages | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (35,654)    
Commercial          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 243,979 204,643 235,376 215,805 215,805
Provision for credit losses (benefit) 5,466 1,712 12,235 (14,307)  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (4,004) (1,719) (6,113) (2,373)  
Recoveries 3,512 4,994 9,168 10,505  
Net Write Down 0   0    
Ending balance 248,953 209,630 248,953 209,630 235,376
Allowance for credit losses - unfunded commitments:          
Balance at beginning of period 6,129 2,965 5,511 3,135 3,135
Provision for credit losses (benefit) 507 384 1,125 214  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs 0 0 0 0  
Recoveries 0 0 0 0  
Net Write Down 0   0    
Balance at end of period 6,636 3,349 6,636 3,349 5,511
Commercial | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (1,713)    
Allowance for credit losses - unfunded commitments:          
Impact of adopting ASU 2022-02     0    
Commercial | Commercial multi-family          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 25,366 26,090 26,311 28,468 28,468
Provision for credit losses (benefit) 811 (2,002) (136) (4,387)  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs 0 0 0 0  
Recoveries 2 5 4 12  
Net Write Down 0   0    
Ending balance 26,179 24,093 26,179 24,093 26,311
Commercial | Commercial multi-family | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     0    
Commercial | CRE non-owner occupied          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 71,850 67,037 71,540 67,457 67,457
Provision for credit losses (benefit) 230 (3,037) (1,447) (3,644)  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (609) (30) (609) (30)  
Recoveries 245 707 2,232 894  
Net Write Down 0   0    
Ending balance 71,716 64,677 71,716 64,677 71,540
Commercial | CRE non-owner occupied | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     0    
Commercial | CRE owner occupied          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 54,497 57,028 57,081 60,229 60,229
Provision for credit losses (benefit) (3,263) 587 (6,217) (5,668)  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (253) (835) (256) (953)  
Recoveries 426 1,768 1,960 4,940  
Net Write Down 0   0    
Ending balance 51,407 58,548 51,407 58,548 57,081
Commercial | CRE owner occupied | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (1,161)    
Commercial | Commercial and industrial          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 92,266 54,488 80,444 59,651 59,651
Provision for credit losses (benefit) 7,688 6,164 20,035 (608)  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (3,142) (854) (5,248) (1,390)  
Recoveries 2,839 2,514 4,972 4,659  
Net Write Down 0   0    
Ending balance 99,651 62,312 99,651 62,312 80,444
Commercial | Commercial and industrial | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (552)    
Leasing          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 20,990 18,398 20,618 17,578 17,578
Provision for credit losses (benefit) (5,470) 1,306 (4,736) 1,692  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (2,540) (1,496) (3,957) (1,903)  
Recoveries 947 829 2,037 1,670  
Net Write Down 0   0    
Ending balance 13,927 19,037 13,927 19,037 20,618
Leasing | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (35)    
Consumer          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 315,344 299,006 324,808 301,142 301,142
Provision for credit losses (benefit) 40,550 12,327 79,268 23,819  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (37,932) (23,107) (87,713) (46,477)  
Recoveries 12,534 9,639 22,314 19,381  
Net Write Down (601)   (601)    
Ending balance 329,895 297,865 329,895 297,865 324,808
Allowance for credit losses - unfunded commitments:          
Balance at beginning of period 62 30 88 37 37
Provision for credit losses (benefit) (12) 30 (38) 23  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs 0 0 0 0  
Recoveries 0 0 0 0  
Net Write Down 0   0    
Balance at end of period 50 60 50 60 88
Consumer | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (8,181)    
Allowance for credit losses - unfunded commitments:          
Impact of adopting ASU 2022-02     0    
Consumer | Credit card          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 67,953 43,782 58,670 43,499 43,499
Provision for credit losses (benefit) 10,558 5,633 26,129 9,325  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (8,457) (6,418) (17,134) (12,101)  
Recoveries 1,955 2,342 4,344 4,616  
Net Write Down (601)   (601)    
Ending balance 71,408 45,339 71,408 45,339 58,670
Consumer | Credit card | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     0    
Consumer | HELOC          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 1,953 3,711 2,542 3,806 3,806
Provision for credit losses (benefit) 26 (711) (725) (1,719)  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (87) (116) (263) (216)  
Recoveries 278 661 616 1,674  
Net Write Down 0   0    
Ending balance 2,170 3,545 2,170 3,545 2,542
Consumer | HELOC | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     0    
Consumer | Personal loans          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 109,729 83,965 118,426 83,722 83,722
Provision for credit losses (benefit) 22,448 17,688 37,743 23,917  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (20,888) (9,487) (38,638) (17,563)  
Recoveries 4,539 2,153 6,457 4,243  
Net Write Down 0   0    
Ending balance 115,828 94,319 115,828 94,319 118,426
Consumer | Personal loans | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (8,160)    
Consumer | Auto Loan          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 130,829 152,330 129,735 154,498 154,498
Provision for credit losses (benefit) 5,909 (12,716) 14,228 (10,023)  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (8,099) (6,650) (20,217) (15,528)  
Recoveries 5,608 4,258 10,522 8,275  
Net Write Down 0   0    
Ending balance 134,247 137,222 134,247 137,222 129,735
Consumer | Auto Loan | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (21)    
Consumer | Other          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 4,880 15,218 15,435 15,617 15,617
Provision for credit losses (benefit) 1,609 2,433 1,893 2,319  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (401) (436) (11,461) (1,069)  
Recoveries 154 225 375 573  
Net Write Down 0   0    
Ending balance 6,242 17,440 6,242 17,440 15,435
Consumer | Other | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     0    
Puerto Rico          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 587,007 576,611 615,545 594,162 594,162
Provision for credit losses (benefit) 28,379 9,128 73,582 (3,533)  
Allowance for credit losses - PCD Loans 10 170 78 782  
Charge-offs (38,129) (25,964) (87,416) (50,284)  
Recoveries 19,442 20,632 37,265 39,450  
Net Write Down (601)   (601)    
Ending balance 596,108 580,577 596,108 580,577 615,545
Allowance for credit losses - unfunded commitments:          
Balance at beginning of period 6,846 3,571 6,358 4,139 4,139
Provision for credit losses (benefit) 1,552 (5) 2,040 (573)  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs 0 0 0 0  
Recoveries 0 0 0 0  
Net Write Down 0   0    
Balance at end of period 8,398 3,566 8,398 3,566 6,358
Puerto Rico | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (42,345)    
Allowance for credit losses - unfunded commitments:          
Impact of adopting ASU 2022-02     0    
Puerto Rico | Construction          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 3,072 2,414 2,978 1,641 1,641
Provision for credit losses (benefit) 6,482 265 6,576 622  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs 0 0 0 0  
Recoveries 0 395 0 811  
Net Write Down 0   0    
Ending balance 9,554 3,074 9,554 3,074 2,978
Allowance for credit losses - unfunded commitments:          
Balance at beginning of period 1,946 1,924 2,022 2,388 2,388
Provision for credit losses (benefit) 1,164 (390) 1,088 (854)  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs 0 0 0 0  
Recoveries 0 0 0 0  
Net Write Down 0   0    
Balance at end of period 3,110 1,534 3,110 1,534 2,022
Puerto Rico | Construction | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     0    
Allowance for credit losses - unfunded commitments:          
Impact of adopting ASU 2022-02     0    
Puerto Rico | Mortgages          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 89,077 131,362 117,344 138,286 138,286
Provision for credit losses (benefit) (9,572) (5,953) (8,305) (16,481)  
Allowance for credit losses - PCD Loans 10 170 78 782  
Charge-offs (297) (1,367) (1,143) (2,688)  
Recoveries 3,681 5,818 8,481 10,131  
Net Write Down 0   0    
Ending balance 82,899 130,030 82,899 130,030 117,344
Puerto Rico | Mortgages | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (33,556)    
Puerto Rico | Commercial          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 181,701 145,471 174,295 151,928 151,928
Provision for credit losses (benefit) (1,341) 4,664 6,578 (6,023)  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (1,746) (1,322) (3,356) (1,849)  
Recoveries 3,077 4,734 5,887 9,491  
Net Write Down 0   0    
Ending balance 181,691 153,547 181,691 153,547 174,295
Allowance for credit losses - unfunded commitments:          
Balance at beginning of period 4,900 1,647 4,336 1,751 1,751
Provision for credit losses (benefit) 388 385 952 281  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs 0 0 0 0  
Recoveries 0 0 0 0  
Net Write Down 0   0    
Balance at end of period 5,288 2,032 5,288 2,032 4,336
Puerto Rico | Commercial | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (1,713)    
Allowance for credit losses - unfunded commitments:          
Impact of adopting ASU 2022-02     0    
Puerto Rico | Commercial | Commercial multi-family          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 4,756 3,435 5,210 3,050 3,050
Provision for credit losses (benefit) 30 87 (424) 472  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs 0 0 0 0  
Recoveries 1 0 1 0  
Net Write Down 0   0    
Ending balance 4,787 3,522 4,787 3,522 5,210
Puerto Rico | Commercial | Commercial multi-family | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     0    
Puerto Rico | Commercial | CRE non-owner occupied          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 53,894 51,639 52,475 45,211 45,211
Provision for credit losses (benefit) (98) (1,909) 1,186 4,335  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (609) (30) (609) (30)  
Recoveries 179 693 314 877  
Net Write Down 0   0    
Ending balance 53,366 50,393 53,366 50,393 52,475
Puerto Rico | Commercial | CRE non-owner occupied | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     0    
Puerto Rico | Commercial | CRE owner occupied          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 46,009 47,027 48,393 54,176 54,176
Provision for credit losses (benefit) (4,437) 1,622 (7,167) (8,469)  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (76) (835) (79) (953)  
Recoveries 405 1,658 1,915 4,718  
Net Write Down 0   0    
Ending balance 41,901 49,472 41,901 49,472 48,393
Puerto Rico | Commercial | CRE owner occupied | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (1,161)    
Puerto Rico | Commercial | Commercial and industrial          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 77,042 43,370 68,217 49,491 49,491
Provision for credit losses (benefit) 3,164 4,864 12,983 (2,361)  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (1,061) (457) (2,668) (866)  
Recoveries 2,492 2,383 3,657 3,896  
Net Write Down 0   0    
Ending balance 81,637 50,160 81,637 50,160 68,217
Puerto Rico | Commercial | Commercial and industrial | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (552)    
Puerto Rico | Leasing          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 20,990 18,398 20,618 17,578 17,578
Provision for credit losses (benefit) (5,470) 1,306 (4,736) 1,692  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (2,540) (1,496) (3,957) (1,903)  
Recoveries 947 829 2,037 1,670  
Net Write Down 0   0    
Ending balance 13,927 19,037 13,927 19,037 20,618
Puerto Rico | Leasing | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (35)    
Puerto Rico | Consumer          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 292,167 278,966 300,310 284,729 284,729
Provision for credit losses (benefit) 38,280 8,846 73,469 16,657  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (33,546) (21,779) (78,960) (43,844)  
Recoveries 11,737 8,856 20,860 17,347  
Net Write Down (601)   (601)    
Ending balance 308,037 274,889 308,037 274,889 300,310
Allowance for credit losses - unfunded commitments:          
Balance at beginning of period 0        
Provision for credit losses (benefit) 0        
Allowance for credit losses - PCD Loans 0        
Charge-offs 0        
Recoveries 0        
Net Write Down 0        
Balance at end of period 0   0    
Puerto Rico | Consumer | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (7,041)    
Puerto Rico | Consumer | Credit card          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 67,953 43,782 58,670 43,499 43,499
Provision for credit losses (benefit) 10,558 5,634 26,128 9,335  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (8,457) (6,418) (17,133) (12,101)  
Recoveries 1,955 2,341 4,344 4,606  
Net Write Down (601)   (601)    
Ending balance 71,408 45,339 71,408 45,339 58,670
Puerto Rico | Consumer | Credit card | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     0    
Puerto Rico | Consumer | HELOC          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 100 86 103 98 98
Provision for credit losses (benefit) (29) (69) (68) (85)  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (35) (74) (68) (164)  
Recoveries 60 147 129 241  
Net Write Down 0   0    
Ending balance 96 90 96 90 103
Puerto Rico | Consumer | HELOC | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     0    
Puerto Rico | Consumer | Personal loans          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 88,408 67,554 96,369 71,022 71,022
Provision for credit losses (benefit) 20,279 13,601 31,383 15,214  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (16,601) (8,248) (30,181) (15,106)  
Recoveries 3,960 1,892 5,495 3,669  
Net Write Down 0   0    
Ending balance 96,046 74,799 96,046 74,799 96,369
Puerto Rico | Consumer | Personal loans | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (7,020)    
Puerto Rico | Consumer | Auto Loan          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 130,829 152,330 129,735 154,498 154,498
Provision for credit losses (benefit) 5,909 (12,716) 14,228 (10,023)  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (8,099) (6,650) (20,217) (15,528)  
Recoveries 5,608 4,258 10,522 8,275  
Net Write Down 0   0    
Ending balance 134,247 137,222 134,247 137,222 129,735
Puerto Rico | Consumer | Auto Loan | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (21)    
Puerto Rico | Consumer | Other          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 4,877 15,214 15,433 15,612 15,612
Provision for credit losses (benefit) 1,563 2,396 1,798 2,216  
Allowance for credit losses - PCD Loans 0 0 0 0  
Charge-offs (354) (389) (11,361) (945)  
Recoveries 154 218 370 556  
Net Write Down 0   0    
Ending balance 6,240 17,439 6,240 17,439 15,433
Puerto Rico | Consumer | Other | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     0    
Popular U.S.          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 102,113 101,181 104,757 101,204 101,204
Provision for credit losses (benefit) 7,282 733 9,225 (1,011)  
Allowance for credit losses - PCD Loans   0      
Charge-offs (6,644) (1,793) (11,510) (3,225)  
Recoveries 1,341 1,052 4,858 4,205  
Ending balance 104,092 101,173 104,092 101,173 104,757
Allowance for credit losses - unfunded commitments:          
Balance at beginning of period 2,569 3,483 2,447 3,758 3,758
Provision for credit losses (benefit) 626 (145) 748 (420)  
Allowance for credit losses - PCD Loans   0      
Charge-offs 0 0 0 0  
Recoveries 0 0 0 0  
Balance at end of period 3,195 3,338 3,195 3,338 2,447
Popular U.S. | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (3,238)    
Allowance for credit losses - unfunded commitments:          
Impact of adopting ASU 2022-02     0    
Popular U.S. | Construction          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 1,258 4,125 1,268 4,722 4,722
Provision for credit losses (benefit) 520 (290) 510 (2,015)  
Allowance for credit losses - PCD Loans   0      
Charge-offs 0 0 0 0  
Recoveries 0 4 0 1,132  
Ending balance 1,778 3,839 1,778 3,839 1,268
Allowance for credit losses - unfunded commitments:          
Balance at beginning of period 1,278 2,135 1,184 2,337 2,337
Provision for credit losses (benefit) 519 (174) 613 (376)  
Allowance for credit losses - PCD Loans   0      
Charge-offs 0 0 0 0  
Recoveries 0 0 0 0  
Balance at end of period 1,797 1,961 1,797 1,961 1,184
Popular U.S. | Construction | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     0    
Allowance for credit losses - unfunded commitments:          
Impact of adopting ASU 2022-02     0    
Popular U.S. | Mortgages          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 15,400 17,844 17,910 16,192 16,192
Provision for credit losses (benefit) (2,315) 494 (2,741) 2,126  
Charge-offs 0 (68) 0 (68)  
Recoveries 109 5 123 25  
Ending balance 13,194 18,275 13,194 18,275 17,910
Popular U.S. | Mortgages | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (2,098)    
Popular U.S. | Commercial          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 62,278 59,172 61,081 63,877 63,877
Provision for credit losses (benefit) 6,807 (2,952) 5,657 (8,284)  
Allowance for credit losses - PCD Loans   0      
Charge-offs (2,258) (397) (2,757) (524)  
Recoveries 435 260 3,281 1,014  
Ending balance 67,262 56,083 67,262 56,083 61,081
Allowance for credit losses - unfunded commitments:          
Balance at beginning of period 1,229 1,318 1,175 1,384 1,384
Provision for credit losses (benefit) 119 (1) 173 (67)  
Allowance for credit losses - PCD Loans   0      
Charge-offs 0 0 0 0  
Recoveries 0 0 0 0  
Balance at end of period 1,348 1,317 1,348 1,317 1,175
Popular U.S. | Commercial | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     0    
Allowance for credit losses - unfunded commitments:          
Impact of adopting ASU 2022-02     0    
Popular U.S. | Commercial | Commercial multi-family          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 20,610 22,655 21,101 25,418 25,418
Provision for credit losses (benefit) 781 (2,089) 288 (4,859)  
Allowance for credit losses - PCD Loans   0      
Charge-offs 0 0 0 0  
Recoveries 1 5 3 12  
Ending balance 21,392 20,571 21,392 20,571 21,101
Popular U.S. | Commercial | Commercial multi-family | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     0    
Popular U.S. | Commercial | CRE non-owner occupied          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 17,956 15,398 19,065 22,246 22,246
Provision for credit losses (benefit) 328 (1,128) (2,633) (7,979)  
Allowance for credit losses - PCD Loans   0      
Charge-offs 0 0 0 0  
Recoveries 66 14 1,918 17  
Ending balance 18,350 14,284 18,350 14,284 19,065
Popular U.S. | Commercial | CRE non-owner occupied | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     0    
Popular U.S. | Commercial | CRE owner occupied          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 8,488 10,001 8,688 6,053 6,053
Provision for credit losses (benefit) 1,174 (1,035) 950 2,801  
Allowance for credit losses - PCD Loans   0      
Charge-offs (177) 0 (177) 0  
Recoveries 21 110 45 222  
Ending balance 9,506 9,076 9,506 9,076 8,688
Popular U.S. | Commercial | CRE owner occupied | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     0    
Popular U.S. | Commercial | Commercial and industrial          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 15,224 11,118 12,227 10,160 10,160
Provision for credit losses (benefit) 4,524 1,300 7,052 1,753  
Allowance for credit losses - PCD Loans   0      
Charge-offs (2,081) (397) (2,580) (524)  
Recoveries 347 131 1,315 763  
Ending balance 18,014 12,152 18,014 12,152 12,227
Popular U.S. | Commercial | Commercial and industrial | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     0    
Popular U.S. | Consumer          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 23,177 20,040 24,498 16,413 16,413
Provision for credit losses (benefit) 2,270 3,481 5,799 7,162  
Allowance for credit losses - PCD Loans   0      
Charge-offs (4,386) (1,328) (8,753) (2,633)  
Recoveries 797 783 1,454 2,034  
Ending balance 21,858 22,976 21,858 22,976 24,498
Allowance for credit losses - unfunded commitments:          
Balance at beginning of period 62 30 88 37 37
Provision for credit losses (benefit) (12) 30 (38) 23  
Allowance for credit losses - PCD Loans   0      
Charge-offs 0 0 0 0  
Recoveries 0 0 0 0  
Balance at end of period 50 60 50 60 88
Popular U.S. | Consumer | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (1,140)    
Allowance for credit losses - unfunded commitments:          
Impact of adopting ASU 2022-02     0    
Popular U.S. | Consumer | Credit card          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 0 0 0 0 0
Provision for credit losses (benefit) 0 (1) 1 (10)  
Allowance for credit losses - PCD Loans   0      
Charge-offs 0 0 (1) 0  
Recoveries 0 1 0 10  
Ending balance 0 0 0 0 0
Popular U.S. | Consumer | Credit card | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     0    
Popular U.S. | Consumer | HELOC          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 1,853 3,625 2,439 3,708 3,708
Provision for credit losses (benefit) 55 (642) (657) (1,634)  
Allowance for credit losses - PCD Loans   0      
Charge-offs (52) (42) (195) (52)  
Recoveries 218 514 487 1,433  
Ending balance 2,074 3,455 2,074 3,455 2,439
Popular U.S. | Consumer | HELOC | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     0    
Popular U.S. | Consumer | Personal loans          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 21,321 16,411 22,057 12,700 12,700
Provision for credit losses (benefit) 2,169 4,087 6,360 8,703  
Allowance for credit losses - PCD Loans   0      
Charge-offs (4,287) (1,239) (8,457) (2,457)  
Recoveries 579 261 962 574  
Ending balance 19,782 19,520 19,782 19,520 22,057
Popular U.S. | Consumer | Personal loans | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     (1,140)    
Popular U.S. | Consumer | Other          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Beginning balance 3 4 2 5 5
Provision for credit losses (benefit) 46 37 95 103  
Allowance for credit losses - PCD Loans   0      
Charge-offs (47) (47) (100) (124)  
Recoveries 0 7 5 17  
Ending balance $ 2 $ 1 2 $ 1 $ 2
Popular U.S. | Consumer | Other | ASU 2022-02          
Financing Receivable, Allowance for Credit Losses [Line Items]          
Impact of adopting ASU 2022-02     $ 0