Business combination (Tables)

6 Months Ended

Jun. 30, 2015

Schedule Of Recognized Identified Assets Acquired And Liabilities Assumed Table Text Block

	Book value prior to						As recorded by
	purchase accounting		Fair value		Additional		Popular, Inc. on
(In thousands)	adjustments		adjustments		consideration[1]		February 27, 2015
Assets:
Cash and due from banks	$	339,633	$	-	$	-	$	339,633
Investment in available-for-sale securities		172,706		-		-		172,706
Investments in FHLB stock		30,785		-		-		30,785
Loans		1,718,208		(52,452)		-		1,665,756
Accrued income receivable		7,808		-		-		7,808
Receivable from the FDIC		-		-		441,721		441,721
Core deposit intangible		23,572		-		-		23,572
Other assets		67,676		7,569		-		75,245
Total assets	$	2,360,388	$	(44,883)	$	441,721	$	2,757,226
Liabilities:
Deposits	$	2,193,404	$	8,051	$	-	$	2,201,455
Advances from the Federal Home Loan Bank		542,000		5,187		-		547,187
Other liabilities		50,728		-		-		50,728
Total liabilities	$	2,786,132	$	13,238	$	-	$	2,799,370
Excess of liabilities assumed over assets acquired	$	425,744
Aggregate fair value adjustments			$	(58,121)
Additional consideration					$	441,721
Goodwill on acquisition							$	42,144
[1] The additional consideration represents the cash to be received from the FDIC for the difference between the net liabilities assumed and the net premium paid on the transaction.