XML 112 R97.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note Allowance for loan losses (Allowance Movement) (Detail) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period $ 623,426 $ 540,651  
Provision for loan losses 71,063 40,698  
Charge-offs (67,816) (59,068)  
Recoveries 13,905 22,215  
Net recovery (write-down)   0  
Balance at end of period 640,578 544,496  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 117,015 118,072  
General ALLL 523,563 426,424  
Ending balance: loans individually evaluated for impairment 981,223 970,210  
Ending balance: loans collectively evaluated for impairment 23,621,325 22,316,491  
Non-covered Loans held-in-portfolio 24,087,937 [1],[2]   $ 24,292,794 [3],[4]
Loans covered under loss-sharing agreements with the FDIC 514,611   517,274
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 24,602,548 23,286,701  
Covered loans      
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Loans covered under loss-sharing agreements with the FDIC 514,611 [5]   517,274 [6]
PUERTO RICO      
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Non-covered Loans held-in-portfolio [7] 17,739,680   18,078,058
PUERTO RICO | Non-covered loans      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 518,104 467,984  
Provision for loan losses 56,718 31,478  
Charge-offs (51,417) (52,794)  
Recoveries 10,190 19,849  
Net recovery (write-down)   0  
Balance at end of period 533,595 466,517  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 113,324 115,196  
General ALLL 420,271 351,321  
Ending balance: loans individually evaluated for impairment 966,297 958,509  
Ending balance: loans collectively evaluated for impairment 16,773,383 16,017,720  
Non-covered Loans held-in-portfolio 17,739,680 16,976,229  
PUERTO RICO | Covered loans      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 33,244 30,350  
Provision for loan losses 1,730 (1,359)  
Charge-offs (1,448) (1,324)  
Recoveries 84 104  
Balance at end of period 33,610 27,771  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 0 0  
General ALLL 33,610 27,771  
Ending balance: loans individually evaluated for impairment 0 0  
Ending balance: loans collectively evaluated for impairment 514,611 551,980  
Loans covered under loss-sharing agreements with the FDIC 514,611 551,980  
UNITED STATES      
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Non-covered Loans held-in-portfolio 6,348,257   6,214,736
UNITED STATES | Non-covered loans      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 72,078 42,317  
Provision for loan losses 12,615 10,579  
Charge-offs (14,951) (4,950)  
Recoveries 3,631 2,262  
Balance at end of period 73,373 50,208  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 3,691 2,876  
General ALLL 69,682 47,332  
Ending balance: loans individually evaluated for impairment 14,926 11,701  
Ending balance: loans collectively evaluated for impairment 6,333,331 5,746,791  
Non-covered Loans held-in-portfolio 6,348,257 5,758,492  
Commercial      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 215,665 202,654  
Provision for loan losses 31,489 8,205  
Charge-offs (15,185) (11,141)  
Recoveries 4,412 8,966  
Net recovery (write-down)   0  
Balance at end of period 236,381 208,684  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 45,028 51,276  
General ALLL 191,353 157,408  
Ending balance: loans individually evaluated for impairment 352,064 348,823  
Ending balance: loans collectively evaluated for impairment 11,116,443 10,462,877  
Non-covered Loans held-in-portfolio 11,468,507   11,488,861
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 11,468,507 10,811,700  
Commercial | PUERTO RICO      
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Non-covered Loans held-in-portfolio [7] 7,122,796   7,265,899
Commercial | PUERTO RICO | Non-covered loans      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 171,531 189,686  
Provision for loan losses 20,934 583  
Charge-offs (6,789) (11,071)  
Recoveries 2,846 8,433  
Net recovery (write-down)   0  
Balance at end of period 188,522 187,631  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 45,028 51,276  
General ALLL 143,494 136,355  
Ending balance: loans individually evaluated for impairment 352,064 348,823  
Ending balance: loans collectively evaluated for impairment 6,770,732 6,715,507  
Non-covered Loans held-in-portfolio 7,122,796 7,064,330  
Commercial | PUERTO RICO | Covered loans      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 0 0  
Provision for loan losses 0 0  
Charge-offs 0 0  
Recoveries 0 0  
Balance at end of period 0 0  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 0 0  
General ALLL 0 0  
Ending balance: loans individually evaluated for impairment 0 0  
Ending balance: loans collectively evaluated for impairment 0 0  
Loans covered under loss-sharing agreements with the FDIC 0 0  
Commercial | UNITED STATES      
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Non-covered Loans held-in-portfolio 4,345,711   4,222,962
Commercial | UNITED STATES | Non-covered loans      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 44,134 12,968  
Provision for loan losses 10,555 7,622  
Charge-offs (8,396) (70)  
Recoveries 1,566 533  
Balance at end of period 47,859 21,053  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 0 0  
General ALLL 47,859 21,053  
Ending balance: loans individually evaluated for impairment 0 0  
Ending balance: loans collectively evaluated for impairment 4,345,711 3,747,370  
Non-covered Loans held-in-portfolio 4,345,711 3,747,370  
Construction      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 8,362 9,525  
Provision for loan losses 1,179 328  
Charge-offs 48 (3,587)  
Recoveries 160 3,731  
Net recovery (write-down)   0  
Balance at end of period 9,749 9,997  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 474 0  
General ALLL 9,275 9,997  
Ending balance: loans individually evaluated for impairment 4,293 0  
Ending balance: loans collectively evaluated for impairment 889,098 831,305  
Non-covered Loans held-in-portfolio 893,391   880,029
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 893,391 831,305  
Construction | PUERTO RICO      
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Non-covered Loans held-in-portfolio 93,858   95,369
Construction | PUERTO RICO | Non-covered loans      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 1,286 1,353  
Provision for loan losses 1,163 464  
Charge-offs 48 (3,587)  
Recoveries 160 3,731  
Net recovery (write-down)   0  
Balance at end of period 2,657 1,961  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 474 0  
General ALLL 2,183 1,961  
Ending balance: loans individually evaluated for impairment 4,293 0  
Ending balance: loans collectively evaluated for impairment 89,565 95,459  
Non-covered Loans held-in-portfolio 93,858 95,459  
Construction | PUERTO RICO | Covered loans      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 0 0  
Provision for loan losses 0 0  
Charge-offs 0 0  
Recoveries 0 0  
Balance at end of period 0 0  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 0 0  
General ALLL 0 0  
Ending balance: loans individually evaluated for impairment 0 0  
Ending balance: loans collectively evaluated for impairment 0 0  
Loans covered under loss-sharing agreements with the FDIC 0 0  
Construction | UNITED STATES      
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Non-covered Loans held-in-portfolio 799,533   784,660
Construction | UNITED STATES | Non-covered loans      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 7,076 8,172  
Provision for loan losses 16 (136)  
Charge-offs 0 0  
Recoveries 0 0  
Balance at end of period 7,092 8,036  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 0 0  
General ALLL 7,092 8,036  
Ending balance: loans individually evaluated for impairment 0 0  
Ending balance: loans collectively evaluated for impairment 799,533 735,846  
Non-covered Loans held-in-portfolio 799,533 735,846  
Mortgages      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 196,143 178,093  
Provision for loan losses 9,611 13,046  
Charge-offs (15,319) (16,320)  
Recoveries 1,015 1,741  
Net recovery (write-down)   0  
Balance at end of period 191,450 176,560  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 46,915 43,264  
General ALLL 144,535 133,296  
Ending balance: loans individually evaluated for impairment 519,922 510,568  
Ending balance: loans collectively evaluated for impairment 7,045,405 6,653,706  
Non-covered Loans held-in-portfolio 7,064,644   7,270,407
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 7,565,327 7,164,274  
Mortgages | Covered loans      
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Loans covered under loss-sharing agreements with the FDIC 500,683   502,929
Mortgages | PUERTO RICO      
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Non-covered Loans held-in-portfolio [7] 6,355,706   6,576,779
Mortgages | PUERTO RICO | Non-covered loans      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 159,081 143,320  
Provision for loan losses 7,464 15,172  
Charge-offs (13,791) (14,983)  
Recoveries 547 1,428  
Net recovery (write-down)   0  
Balance at end of period 153,301 144,937  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 44,419 41,067  
General ALLL 108,882 103,870  
Ending balance: loans individually evaluated for impairment 510,849 501,647  
Ending balance: loans collectively evaluated for impairment 5,844,857 5,368,071  
Non-covered Loans held-in-portfolio 6,355,706 5,869,718  
Mortgages | PUERTO RICO | Covered loans      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 32,521 30,159  
Provision for loan losses 2,265 (1,690)  
Charge-offs (1,446) (1,231)  
Recoveries 82 103  
Balance at end of period 33,422 27,341  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 0 0  
General ALLL 33,422 27,341  
Ending balance: loans individually evaluated for impairment 0 0  
Ending balance: loans collectively evaluated for impairment 500,683 536,287  
Loans covered under loss-sharing agreements with the FDIC 500,683 536,287  
Mortgages | UNITED STATES      
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Non-covered Loans held-in-portfolio 708,938   693,628
Mortgages | UNITED STATES | Non-covered loans      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 4,541 4,614  
Provision for loan losses (118) (436)  
Charge-offs (82) (106)  
Recoveries 386 210  
Balance at end of period 4,727 4,282  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 2,496 2,197  
General ALLL 2,231 2,085  
Ending balance: loans individually evaluated for impairment 9,073 8,921  
Ending balance: loans collectively evaluated for impairment 699,865 749,348  
Non-covered Loans held-in-portfolio 708,938 758,269  
Legacy      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 798 1,343  
Provision for loan losses (477) (665)  
Charge-offs (157) (41)  
Recoveries 488 529  
Net recovery (write-down)   0  
Balance at end of period 652 1,166  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 0 0  
General ALLL 652 1,166  
Ending balance: loans individually evaluated for impairment 0 0  
Ending balance: loans collectively evaluated for impairment 31,167 40,688  
Non-covered Loans held-in-portfolio [8] 31,167   32,980
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 31,167 40,688  
Legacy | UNITED STATES      
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Non-covered Loans held-in-portfolio 31,167   32,980
Legacy | UNITED STATES | Non-covered loans      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 798 1,343  
Provision for loan losses (477) (665)  
Charge-offs (157) (41)  
Recoveries 488 529  
Balance at end of period 652 1,166  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 0 0  
General ALLL 652 1,166  
Ending balance: loans individually evaluated for impairment 0 0  
Ending balance: loans collectively evaluated for impairment 31,167 40,688  
Non-covered Loans held-in-portfolio 31,167 40,688  
Leasing      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 11,991 7,662  
Provision for loan losses 2,914 1,048  
Charge-offs (2,513) (1,341)  
Recoveries 520 528  
Net recovery (write-down)   0  
Balance at end of period 12,912 7,897  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 448 522  
General ALLL 12,464 7,375  
Ending balance: loans individually evaluated for impairment 1,361 1,803  
Ending balance: loans collectively evaluated for impairment 837,022 717,840  
Non-covered Loans held-in-portfolio 838,383   809,990
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 838,383 719,643  
Leasing | PUERTO RICO      
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Non-covered Loans held-in-portfolio [7] 838,383   809,990
Leasing | PUERTO RICO | Non-covered loans      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 11,991 7,662  
Provision for loan losses 2,914 1,048  
Charge-offs (2,513) (1,341)  
Recoveries 520 528  
Net recovery (write-down)   0  
Balance at end of period 12,912 7,897  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 448 522  
General ALLL 12,464 7,375  
Ending balance: loans individually evaluated for impairment 1,361 1,803  
Ending balance: loans collectively evaluated for impairment 837,022 717,840  
Non-covered Loans held-in-portfolio 838,383 719,643  
Leasing | PUERTO RICO | Covered loans      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 0 0  
Provision for loan losses 0 0  
Charge-offs 0 0  
Recoveries 0 0  
Balance at end of period 0 0  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 0 0  
General ALLL 0 0  
Ending balance: loans individually evaluated for impairment 0 0  
Ending balance: loans collectively evaluated for impairment 0 0  
Loans covered under loss-sharing agreements with the FDIC 0 0  
Consumer      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 190,467 141,374  
Provision for loan losses 26,347 18,736  
Charge-offs (34,690) (26,638)  
Recoveries 7,310 6,720  
Net recovery (write-down)   0  
Balance at end of period 189,434 140,192  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 24,150 23,010  
General ALLL 165,284 117,182  
Ending balance: loans individually evaluated for impairment 103,583 109,016  
Ending balance: loans collectively evaluated for impairment 3,702,190 3,610,075  
Non-covered Loans held-in-portfolio 3,791,845   3,810,527
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 3,805,773 3,719,091  
Consumer | Covered loans      
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Loans covered under loss-sharing agreements with the FDIC 13,928   14,345
Consumer | PUERTO RICO      
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Non-covered Loans held-in-portfolio [7] 3,328,937   3,330,021
Consumer | PUERTO RICO | Non-covered loans      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 174,215 125,963  
Provision for loan losses 24,243 14,211  
Charge-offs (28,372) (21,812)  
Recoveries 6,117 5,729  
Net recovery (write-down)   0  
Balance at end of period 176,203 124,091  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 22,955 22,331  
General ALLL 153,248 101,760  
Ending balance: loans individually evaluated for impairment 97,730 106,236  
Ending balance: loans collectively evaluated for impairment 3,231,207 3,120,843  
Non-covered Loans held-in-portfolio 3,328,937 3,227,079  
Consumer | PUERTO RICO | Covered loans      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 723 191  
Provision for loan losses (535) 331  
Charge-offs (2) (93)  
Recoveries 2 1  
Balance at end of period 188 430  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 0 0  
General ALLL 188 430  
Ending balance: loans individually evaluated for impairment 0 0  
Ending balance: loans collectively evaluated for impairment 13,928 15,693  
Loans covered under loss-sharing agreements with the FDIC 13,928 15,693  
Consumer | UNITED STATES      
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Non-covered Loans held-in-portfolio 462,908   $ 480,506
Consumer | UNITED STATES | Non-covered loans      
Financing Receivable, Allowance for Credit Losses [Line Items]      
Balance at beginning of period 15,529 15,220  
Provision for loan losses 2,639 4,194  
Charge-offs (6,316) (4,733)  
Recoveries 1,191 990  
Balance at end of period 13,043 15,671  
Financing Receivable Allowance For Credit Loss Additional Information Abstract      
Specific ALLL 1,195 679  
General ALLL 11,848 14,992  
Ending balance: loans individually evaluated for impairment 5,853 2,780  
Ending balance: loans collectively evaluated for impairment 457,055 473,539  
Non-covered Loans held-in-portfolio $ 462,908 $ 476,319  
[1]
Includes $7.1 billion pledged to secure credit facilities and public funds that the secured parties are not permitted to sell or repledge the collateral, of which $4.6 billion were pledged at the Federal Home Loan Bank ("FHLB") as collateral for borrowings, $2.1 billion at the Federal Reserve Bank ("FRB") for discount window borrowings and $0.4 billion serve as collateral for public funds.
[2]
Non-covered loans held-in-portfolio are net of $137 million in unearned income and exclude $78 million in loans held-for-sale.
[3]
Includes $7.1 billion pledged to secure credit facilities and public funds that the secured parties are not permitted to sell or repledge the collateral, of which $4.6 billion were pledged at the FHLB as collateral for borrowings, $2.0 billion at the FRB for discount window borrowings and $0.5 billion serve as collateral for public funds.
[4]
Non-covered loans held-in-portfolio are net of $131 million in unearned income and exclude $132 million in loans held-for-sale.
[5]
Includes $268 million pledged to secure credit facilities at the FHLB which are not permitted to sell or repledge the collateral.
[6]
Includes $279 million pledged to secure credit facilities at the FHLB which are not permitted to sell or repledge the collateral.
[7]
Excludes covered loans acquired in the Westernbank FDIC-assisted transaction.
[8]
The legacy portfolio is comprised of commercial loans, construction loans and lease financings related to certain lending products exited by the Corporation as part of restructuring efforts carried out in prior years at the Popular U.S. segment.