Goodwill and other intangible assets (Tables)

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure

Goodwill and accumulated impairment losses by reportable segments

March 31, 2024

Balance at

Balance at

March 31,

Accumulated

March 31,

2024

impairment 

2024

(In thousands)

 (gross amounts)

losses

 (net amounts)

Banco Popular de Puerto Rico

$

440,184

$

3,801

$

436,383

Popular U.S.

564,456

196,411

368,045

Total Popular, Inc. 

$

1,004,640

$

200,212

$

804,428

December 31, 2023

 Balance at 

 Balance at 

December 31,

Accumulated

December 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

196,411

368,045

Total Popular, Inc. 

$

1,004,640

$

200,212

$

804,428

Components of other intangible assets subject to amortization

Gross Carrying

Accumulated

Net

Carrying

(In thousands)

Amount

Amortization

Value

March 31, 2024

Core deposits

$

12,810

$

11,636

$

1,174

Other customer relationships

14,286

7,251

7,035

Total other intangible assets

$

27,096

$

18,887

$

8,209

December 31, 2023

Core deposits

$

12,810

$

11,315

$

1,495

Other customer relationships

14,286

6,777

7,509

Total other intangible assets

$

27,096

$

18,092

$

9,004

Estimated amortization of the intangible assets with definite useful lives

(In thousands)

Remaining 2024

$

2,143

Year 2025

1,750

Year 2026

1,440

Year 2027

959

Year 2028

959

Later years

958