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Guarantees (Tables)
6 Months Ended
Jun. 30, 2019
Guarantee on loans sold or serviced with credit recourse  
Credit Recourse Agreements Reserve Table [Text Block]

 

 

Quarters ended June 30,

 

 

Six months ended June 30,

(In thousands)

2019

2018

 

2019

2018

Balance as of beginning of period

$

52,011

$

57,425

 

$

56,230

$

58,820

Provision for recourse liability

 

1,267

 

(9)

 

 

956

 

2,991

Net charge-offs (recoveries)

 

(5,178)

 

9

 

 

(9,086)

 

(4,386)

Balance as of end of period

$

48,100

$

57,425

 

$

48,100

$

57,425

Banco Popular de Puerto Rico | Guarantee on loans sold or serviced with representation and warranties  
Indemnifications and Representations and Warranties Table [Text Block]

 

 

Quarters ended June 30,

 

Six months ended June 30,

(In thousands)

 

2019

 

2018

 

2019

 

2018

Balance as of beginning of period

$

10,866

$

11,418

$

10,837

$

11,742

Provision (reversal) for representation and warranties

 

(4,511)

 

450

 

(4,407)

 

298

Net charge-offs

 

-

 

(715)

 

(75)

 

(887)

Settlements paid

 

(2,530)

 

-

 

(2,530)

 

-

Balance as of end of period

$

3,825

$

11,153

$

3,825

$

11,153