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Income taxes - Components of deferred tax assets and liabilities (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Deferred tax assets:    
Tax credits available for carryforward $ 11,012 $ 10,544
Net operating loss and other carryforward available 673,309 743,616
Postretirement and pension benefits 37,314 38,121
Allowance for credit losses 276,432 273,178
Depreciation 13,425 13,352
FDIC-assisted transaction 152,665 152,665
Lease liability 47,552 49,562
Unrealized net loss on investment securities 329,597 331,620
Difference in outside basis from pass-through entities 44,008 46,056
Mortgage servicing rights 14,378 14,085
Other temporary differences 59,641 57,304
Total gross deferred tax assets 1,659,333 1,730,103
Deferred tax liabilities:    
Intangibles 138,279 136,579
Right of use assets 42,779 44,678
Deferred loan origination fees/cost 1,262 430
Loans acquired 19,703 20,430
Other temporary differences 7,276 6,824
Total gross deferred tax liabilities 209,299 208,941
Valuation allowance 450,290 513,382
Net deferred tax asset 999,744 1,007,780
PR    
Deferred tax assets:    
Tax credits available for carryforward 263 263
Net operating loss and other carryforward available 53,852 122,634
Postretirement and pension benefits 37,314 38,121
Allowance for credit losses 246,566 244,956
Depreciation 6,774 6,774
FDIC-assisted transaction 152,665 152,665
Lease liability 28,280 29,070
Unrealized net loss on investment securities 309,191 312,583
Difference in outside basis from pass-through entities 44,008 46,056
Mortgage servicing rights 14,378 14,085
Other temporary differences 49,600 47,679
Total gross deferred tax assets 942,891 1,014,886
Deferred tax liabilities:    
Intangibles 85,564 84,635
Right of use assets 25,839 26,648
Deferred loan origination fees/cost (823) (1,056)
Loans acquired 19,703 20,430
Other temporary differences 6,854 6,402
Total gross deferred tax liabilities 137,137 137,059
Valuation allowance 71,380 139,347
Net deferred tax asset 734,374 738,480
US    
Deferred tax assets:    
Tax credits available for carryforward 10,749 10,281
Net operating loss and other carryforward available 619,457 620,982
Postretirement and pension benefits 0 0
Allowance for credit losses 29,866 28,222
Depreciation 6,651 6,578
FDIC-assisted transaction 0 0
Lease liability 19,272 20,492
Unrealized net loss on investment securities 20,406 19,037
Difference in outside basis from pass-through entities 0 0
Mortgage servicing rights 0 0
Other temporary differences 10,041 9,625
Total gross deferred tax assets 716,442 715,217
Deferred tax liabilities:    
Intangibles 52,715 51,944
Right of use assets 16,940 18,030
Deferred loan origination fees/cost 2,085 1,486
Loans acquired 0 0
Other temporary differences 422 422
Total gross deferred tax liabilities 72,162 71,882
Valuation allowance 378,910 374,035
Net deferred tax asset $ 265,370 $ 269,300