XML 204 R192.htm IDEA: XBRL DOCUMENT v3.10.0.1
Note Segment reporting (Results of Operations) (Detail) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Segment Reporting Information [Line Items]          
Net Interest income (expense) $ 451,469 $ 378,171 $ 1,258,652 $ 1,114,748  
Provision (reversal) for loan losses 54,387 160,759 185,504 253,936  
Non interest Income 151,021 100,374 499,327 333,036  
Amortization of intangibles 2,324 2,345 6,973 7,034  
Depreciation expense 13,508 12,038 39,083 35,966  
Other operating expenses 349,605 302,705 979,051 892,241  
Income tax expense (benefit) 42,018 (19,966) 35,613 48,772  
Net income (loss) 140,648 20,664 511,755 209,835  
Segment assets 47,919,428 42,601,267 47,919,428 42,601,267 $ 44,277,337
Reportable Segment          
Segment Reporting Information [Line Items]          
Net Interest income (expense) 464,720 392,605 1,300,181 1,159,091  
Provision (reversal) for loan losses 54,421 160,721 185,579 259,583  
Non interest Income 141,151 93,153 467,167 304,870  
Amortization of intangibles 2,324 2,345 6,973 7,034  
Depreciation expense 13,320 11,879 38,535 35,487  
Other operating expenses 326,267 285,386 912,470 837,120  
Income tax expense (benefit) 49,860 (12,821) 56,847 70,055  
Net income (loss) 159,679 38,248 566,944 254,682  
Segment assets 47,615,136 42,330,871 47,615,136 42,330,871  
Intersegment Elimination          
Segment Reporting Information [Line Items]          
Net Interest income (expense) 3 7 5 (207)  
Provision (reversal) for loan losses 0 0 0 0  
Non interest Income (141) (141) (420) (431)  
Amortization of intangibles 0 0 0 0  
Depreciation expense 0 0 0 0  
Other operating expenses (136) (138) (409) (414)  
Income tax expense (benefit) 0 0 0 (93)  
Net income (loss) (2) 4 (6) (131)  
Segment assets (112,222) (24,615) (112,222) (24,615)  
Corporate          
Segment Reporting Information [Line Items]          
Net Interest income (expense) (13,251) (14,434) (41,529) (44,343)  
Provision (reversal) for loan losses (34) 38 (75) 308  
Non interest Income 9,960 7,277 33,698 29,616  
Amortization of intangibles 0 0 0 0  
Depreciation expense 188 159 548 479  
Other operating expenses 23,995 17,944 68,766 57,145  
Income tax expense (benefit) (8,070) (7,360) (21,505) (23,819)  
Net income (loss) (19,370) (17,938) (55,565) (48,840)  
Segment assets 5,478,884 5,003,304 5,478,884 5,003,304  
Eliminations          
Segment Reporting Information [Line Items]          
Net Interest income (expense) 0 0 0 0  
Provision (reversal) for loan losses 0 0 0 (5,955)  
Non interest Income (90) (56) (1,538) (1,450)  
Amortization of intangibles 0 0 0 0  
Depreciation expense 0 0 0 0  
Other operating expenses (657) (625) (2,185) (2,024)  
Income tax expense (benefit) 228 215 271 2,536  
Net income (loss) 339 354 376 3,993  
Segment assets (5,174,592) (4,732,908) (5,174,592) (4,732,908)  
Banco Popular de Puerto Rico | Reportable Segment          
Segment Reporting Information [Line Items]          
Net Interest income (expense) 388,533 321,145 1,073,522 951,024  
Provision (reversal) for loan losses 51,911 118,177 154,805 198,668  
Non interest Income 135,762 88,170 452,577 290,042  
Amortization of intangibles 2,157 2,178 6,474 6,535  
Depreciation expense 11,135 9,751 32,069 29,296  
Other operating expenses 282,124 243,564 777,574 713,594  
Income tax expense (benefit) 39,421 (8,704) 41,088 56,946  
Net income (loss) 137,547 44,349 514,089 236,027  
Segment assets 38,338,571 33,031,839 38,338,571 33,031,839  
Banco Popular de Puerto Rico | Commercial Banking | Reportable Segment          
Segment Reporting Information [Line Items]          
Net Interest income (expense) 145,397 132,101 430,341 380,761  
Provision (reversal) for loan losses 25,580 27,647 56,027 27,970  
Non interest Income 23,630 19,733 60,122 60,496  
Amortization of intangibles 50 54 153 158  
Depreciation expense 4,697 4,386 13,327 12,994  
Other operating expenses 78,628 61,843 199,528 177,278  
Income tax expense (benefit) 11,068 11,925 52,640 60,780  
Net income (loss) 49,004 45,979 168,788 162,077  
Segment assets 28,247,478 21,258,790 28,247,478 21,258,790  
Banco Popular de Puerto Rico | Consumer and Retail Banking | Reportable Segment          
Segment Reporting Information [Line Items]          
Net Interest income (expense) 241,920 186,827 639,149 564,956  
Provision (reversal) for loan losses 26,331 90,530 98,778 170,698  
Non interest Income 88,866 46,022 220,690 162,613  
Amortization of intangibles 1,069 1,066 3,209 3,206  
Depreciation expense 6,287 5,207 18,284 15,759  
Other operating expenses 183,626 164,981 518,147 492,939  
Income tax expense (benefit) 27,436 (22,811) 46,625 (12,760)  
Net income (loss) 86,037 (6,124) 174,796 57,727  
Segment assets 22,672,941 18,501,519 22,672,941 18,501,519  
Banco Popular de Puerto Rico | Other Financial Services | Reportable Segment          
Segment Reporting Information [Line Items]          
Net Interest income (expense) 1,232 2,213 4,066 5,295  
Provision (reversal) for loan losses 0 0 0 0  
Non interest Income 23,663 22,473 69,876 67,130  
Amortization of intangibles 1,038 1,058 3,112 3,171  
Depreciation expense 151 158 458 543  
Other operating expenses 20,279 16,809 52,679 43,606  
Income tax expense (benefit) 917 2,182 5,711 8,926  
Net income (loss) 2,510 4,479 11,982 16,179  
Segment assets 336,311 522,008 336,311 522,008  
Banco Popular de Puerto Rico | Eliminations | Reportable Segment          
Segment Reporting Information [Line Items]          
Net Interest income (expense) (16) 4 (34) 12  
Provision (reversal) for loan losses 0 0 0 0  
Non interest Income (397) (58) 101,889 (197)  
Amortization of intangibles 0 0 0 0  
Depreciation expense 0 0 0 0  
Other operating expenses (409) (69) 7,220 (229)  
Income tax expense (benefit) 0 0 (63,888) 0  
Net income (loss) (4) [1] 15 158,523 [1] 44  
Segment assets (12,918,159) (7,250,478) (12,918,159) (7,250,478)  
Popular U.S. | Reportable Segment          
Segment Reporting Information [Line Items]          
Net Interest income (expense) 76,184 71,453 226,654 208,274  
Provision (reversal) for loan losses 2,510 42,544 30,774 60,915  
Non interest Income 5,530 5,124 15,010 15,259  
Amortization of intangibles 167 167 499 499  
Depreciation expense 2,185 2,128 6,466 6,191  
Other operating expenses 44,279 41,960 135,305 123,940  
Income tax expense (benefit) 10,439 (4,117) 15,759 13,202  
Net income (loss) 22,134 (6,105) 52,861 18,786  
Segment assets $ 9,388,787 $ 9,323,647 $ 9,388,787 $ 9,323,647  
[1]
Includes the impact of the Termination Agreement with the FDIC and the Tax Closing Agreement entered into in connection with the FDIC transaction. These transactions resulted in a gain of $102.8 million reported in the non-interest income line, other operating expenses of $8.1 million and a net tax benefit of $63.9 million. Refer to Notes 9 and 31 to the Consolidated Financial Statements for additional information.