XML 111 R96.htm IDEA: XBRL DOCUMENT v3.19.2
Allowance for loan losses - Allowance Movement (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period $ 550,628 $ 640,578 $ 569,348 $ 623,426  
Provision (reversal) for loan losses 40,191 60,054 82,016 131,117  
Charge-offs (67,988) (73,641) (147,829) (141,457)  
Recoveries 20,835 16,027 40,131 29,932  
Balance at end of period 543,666 643,018 543,666 643,018  
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Specific ALLL 100,027 119,339 100,027 119,339  
General ALLL 443,639 523,679 443,639 523,679  
Ending balance: loans individually evaluated for impairment 1,044,485 1,010,830 1,044,485 1,010,830  
Ending balance: loans collectively evaluated for impairment 25,961,260 23,597,686 25,961,260 23,597,686  
Non-covered Loans held-in-portfolio 27,005,745   27,005,745   $ 26,507,889
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 27,005,745 24,608,516 27,005,745 24,608,516  
PUERTO RICO          
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Non-covered Loans held-in-portfolio 20,041,661   20,041,661   19,883,472
PUERTO RICO | Non-covered loans          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period 484,383 533,595 507,158 518,104  
Provision (reversal) for loan losses 28,975 44,405 60,429 101,123  
Charge-offs (55,672) (57,321) (126,294) (108,738)  
Recoveries 18,505 12,856 34,898 23,046  
Allowance Transferred From Covered Loans   33,610   33,610  
Balance at end of period 476,191 567,145 476,191 567,145  
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Specific ALLL 95,772 115,580 95,772 115,580  
General ALLL 380,419 451,565 380,419 451,565  
Ending balance: loans individually evaluated for impairment 1,009,121 976,638 1,009,121 976,638  
Ending balance: loans collectively evaluated for impairment 19,032,540 17,070,479 19,032,540 17,070,479  
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 20,041,661 18,047,117 20,041,661 18,047,117  
PUERTO RICO | Covered loans          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period   33,610   33,244  
Provision (reversal) for loan losses   0   1,730  
Charge-offs   0   (1,448)  
Recoveries   0   84  
Allowance Transferred To Non Covered Loans   (33,610)   (33,610)  
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 And Leases Receivable Covered And Not Covered Total Net Of Unearned Income   0   0  
UNITED STATES          
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Non-covered Loans held-in-portfolio 6,964,084   6,964,084   6,624,417
UNITED STATES | Non-covered loans          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period 66,245 73,373 62,190 72,078  
Provision (reversal) for loan losses 11,216 15,649 21,587 28,264  
Charge-offs (12,316) (16,320) (21,535) (31,271)  
Recoveries 2,330 3,171 5,233 6,802  
Balance at end of period 67,475 75,873 67,475 75,873  
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Specific ALLL 4,255 3,759 4,255 3,759  
General ALLL 63,220 72,114 63,220 72,114  
Ending balance: loans individually evaluated for impairment 35,364 34,192 35,364 34,192  
Ending balance: loans collectively evaluated for impairment 6,928,720 6,527,207 6,928,720 6,527,207  
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 6,964,084 6,561,399 6,964,084 6,561,399  
Commercial          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period 224,489 236,381 239,115 215,665  
Provision (reversal) for loan losses 7,015 23,557 11,817 55,046  
Charge-offs (11,739) (22,749) (34,681) (37,934)  
Recoveries 5,764 4,657 9,278 9,069  
Balance at end of period 225,529 241,846 225,529 241,846  
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Specific ALLL 31,698 46,626 31,698 46,626  
General ALLL 193,831 195,220 193,831 195,220  
Ending balance: loans individually evaluated for impairment 390,271 359,447 390,271 359,447  
Ending balance: loans collectively evaluated for impairment 11,826,332 11,230,546 11,826,332 11,230,546  
Non-covered Loans held-in-portfolio 12,216,603   12,216,603   12,043,019
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 12,216,603 11,589,993 12,216,603 11,589,993  
Commercial | PUERTO RICO          
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Non-covered Loans held-in-portfolio 7,339,849   7,339,849   7,372,643
Commercial | PUERTO RICO | Non-covered loans          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period 188,931 188,522 207,214 171,531  
Provision (reversal) for loan losses 1,480 10,364 (209) 31,298  
Charge-offs (5,395) (11,502) (24,856) (18,291)  
Recoveries 5,211 3,542 8,078 6,388  
Allowance Transferred From Covered Loans   0   0  
Balance at end of period 190,227 190,926 190,227 190,926  
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Specific ALLL 31,698 46,626 31,698 46,626  
General ALLL 158,529 144,300 158,529 144,300  
Ending balance: loans individually evaluated for impairment 386,310 359,447 386,310 359,447  
Ending balance: loans collectively evaluated for impairment 6,953,539 6,688,151 6,953,539 6,688,151  
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 7,339,849 7,047,598 7,339,849 7,047,598  
Commercial | PUERTO RICO | Covered loans          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period   0   0  
Provision (reversal) for loan losses   0   0  
Charge-offs   0   0  
Recoveries   0   0  
Allowance Transferred To Non Covered Loans   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 And Leases Receivable Covered And Not Covered Total Net Of Unearned Income   0   0  
Commercial | UNITED STATES          
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Non-covered Loans held-in-portfolio 4,876,754   4,876,754   4,670,376
Commercial | UNITED STATES | Non-covered loans          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period 35,558 47,859 31,901 44,134  
Provision (reversal) for loan losses 5,535 13,193 12,026 23,748  
Charge-offs (6,344) (11,247) (9,825) (19,643)  
Recoveries 553 1,115 1,200 2,681  
Balance at end of period 35,302 50,920 35,302 50,920  
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Specific ALLL 0 0 0 0  
General ALLL 35,302 50,920 35,302 50,920  
Ending balance: loans individually evaluated for impairment 3,961 0 3,961 0  
Ending balance: loans collectively evaluated for impairment 4,872,793 4,542,395 4,872,793 4,542,395  
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 4,876,754 4,542,395 4,876,754 4,542,395  
Construction          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period 7,496 9,749 7,424 8,362  
Provision (reversal) for loan losses 2,333 (2,348) 2,380 (1,169)  
Charge-offs (30) (18) (52) 30  
Recoveries 84 319 131 479  
Balance at end of period 9,883 7,702 9,883 7,702  
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Specific ALLL 90 0 90 0  
General ALLL 9,793 7,702 9,793 7,702  
Ending balance: loans individually evaluated for impairment 13,848 20,460 13,848 20,460  
Ending balance: loans collectively evaluated for impairment 811,571 878,863 811,571 878,863  
Non-covered Loans held-in-portfolio 825,419   825,419   779,449
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 825,419 899,323 825,419 899,323  
Construction | PUERTO RICO          
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Non-covered Loans held-in-portfolio 108,958   108,958   85,955
Construction | PUERTO RICO | Non-covered loans          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period 822 2,657 886 1,286  
Provision (reversal) for loan losses 2,120 (2,193) 2,039 (1,030)  
Charge-offs (30) (18) (52) 30  
Recoveries 84 319 123 479  
Allowance Transferred From Covered Loans   0   0  
Balance at end of period 2,996 765 2,996 765  
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Specific ALLL 90 0 90 0  
General ALLL 2,906 765 2,906 765  
Ending balance: loans individually evaluated for impairment 1,788 2,559 1,788 2,559  
Ending balance: loans collectively evaluated for impairment 107,170 94,616 107,170 94,616  
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 108,958 97,175 108,958 97,175  
Construction | PUERTO RICO | Covered loans          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period   0   0  
Provision (reversal) for loan losses   0   0  
Charge-offs   0   0  
Recoveries   0   0  
Allowance Transferred To Non Covered Loans   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 And Leases Receivable Covered And Not Covered Total Net Of Unearned Income   0   0  
Construction | UNITED STATES          
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Non-covered Loans held-in-portfolio 716,461   716,461   693,494
Construction | UNITED STATES | Non-covered loans          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period 6,674 7,092 6,538 7,076  
Provision (reversal) for loan losses 213 (155) 341 (139)  
Charge-offs 0 0 0 0  
Recoveries 0 0 8 0  
Balance at end of period 6,887 6,937 6,887 6,937  
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Specific ALLL 0 0 0 0  
General ALLL 6,887 6,937 6,887 6,937  
Ending balance: loans individually evaluated for impairment 12,060 17,901 12,060 17,901  
Ending balance: loans collectively evaluated for impairment 704,401 784,247 704,401 784,247  
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 716,461 802,148 716,461 802,148  
Mortgages          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period 142,298 191,450 147,412 196,143  
Provision (reversal) for loan losses (839) 6,609 5,459 16,220  
Charge-offs (10,339) (12,908) (23,764) (28,227)  
Recoveries 1,396 1,315 3,409 2,330  
Balance at end of period 132,516 186,466 132,516 186,466  
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Specific ALLL 43,550 47,515 43,550 47,515  
General ALLL 88,966 138,951 88,966 138,951  
Ending balance: loans individually evaluated for impairment 530,650 517,308 530,650 517,308  
Ending balance: loans collectively evaluated for impairment 6,668,309 6,859,403 6,668,309 6,859,403  
Non-covered Loans held-in-portfolio 7,198,959   7,198,959   7,235,258
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 7,198,959 7,376,711 7,198,959 7,376,711  
Mortgages | PUERTO RICO          
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Non-covered Loans held-in-portfolio 6,302,958   6,302,958   6,433,323
Mortgages | PUERTO RICO | Non-covered loans          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period 137,856 153,301 142,978 159,081  
Provision (reversal) for loan losses (1,213) 6,955 4,848 14,419  
Charge-offs (9,996) (12,847) (23,170) (26,638)  
Recoveries 1,283 1,272 3,274 1,819  
Allowance Transferred From Covered Loans   33,422   33,422  
Balance at end of period 127,930 182,103 127,930 182,103  
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Specific ALLL 41,158 45,039 41,158 45,039  
General ALLL 86,772 137,064 86,772 137,064  
Ending balance: loans individually evaluated for impairment 521,257 507,580 521,257 507,580  
Ending balance: loans collectively evaluated for impairment 5,781,701 6,135,546 5,781,701 6,135,546  
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 6,302,958 6,643,126 6,302,958 6,643,126  
Mortgages | PUERTO RICO | Covered loans          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period   33,422   32,521  
Provision (reversal) for loan losses   0   2,265  
Charge-offs   0   (1,446)  
Recoveries   0   82  
Allowance Transferred To Non Covered Loans   (33,422)   (33,422)  
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 And Leases Receivable Covered And Not Covered Total Net Of Unearned Income   0   0  
Mortgages | UNITED STATES          
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Non-covered Loans held-in-portfolio 896,001   896,001   801,935
Mortgages | UNITED STATES | Non-covered loans          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period 4,442 4,727 4,434 4,541  
Provision (reversal) for loan losses 374 (346) 611 (464)  
Charge-offs (343) (61) (594) (143)  
Recoveries 113 43 135 429  
Balance at end of period 4,586 4,363 4,586 4,363  
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Specific ALLL 2,392 2,476 2,392 2,476  
General ALLL 2,194 1,887 2,194 1,887  
Ending balance: loans individually evaluated for impairment 9,393 9,728 9,393 9,728  
Ending balance: loans collectively evaluated for impairment 886,608 723,857 886,608 723,857  
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 896,001 733,585 896,001 733,585  
Legacy          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period 829 652 969 798  
Provision (reversal) for loan losses (332) (229) (1,187) (706)  
Charge-offs (20) (14) 144 (171)  
Recoveries 297 291 848 779  
Balance at end of period 774 700 774 700  
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Specific ALLL 0 0 0 0  
General ALLL 774 700 774 700  
Ending balance: loans individually evaluated for impairment 0 0 0 0  
Ending balance: loans collectively evaluated for impairment 23,893 29,250 23,893 29,250  
Non-covered Loans held-in-portfolio 23,893   23,893   25,949
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 23,893 29,250 23,893 29,250  
Legacy | UNITED STATES          
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Non-covered Loans held-in-portfolio 23,893   23,893   25,949
Legacy | UNITED STATES | Non-covered loans          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period 829 652 969 798  
Provision (reversal) for loan losses (332) (229) (1,187) (706)  
Charge-offs (20) (14) 144 (171)  
Recoveries 297 291 848 779  
Balance at end of period 774 700 774 700  
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Specific ALLL 0 0 0 0  
General ALLL 774 700 774 700  
Ending balance: loans individually evaluated for impairment 0 0 0 0  
Ending balance: loans collectively evaluated for impairment 23,893 29,250 23,893 29,250  
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 23,893 29,250 23,893 29,250  
Leasing          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period 9,109 12,912 11,486 11,991  
Provision (reversal) for loan losses (572) 2,530 (1,463) 5,444  
Charge-offs (2,331) (1,803) (4,427) (4,316)  
Recoveries 701 646 1,311 1,166  
Balance at end of period 6,907 14,285 6,907 14,285  
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Specific ALLL 234 362 234 362  
General ALLL 6,673 13,923 6,673 13,923  
Ending balance: loans individually evaluated for impairment 865 1,130 865 1,130  
Ending balance: loans collectively evaluated for impairment 990,681 870,968 990,681 870,968  
Non-covered Loans held-in-portfolio 991,546   991,546   934,773
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 991,546 872,098 991,546 872,098  
Leasing | PUERTO RICO          
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Non-covered Loans held-in-portfolio 991,546   991,546   934,773
Leasing | PUERTO RICO | Non-covered loans          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period 9,109 12,912 11,486 11,991  
Provision (reversal) for loan losses (572) 2,530 (1,463) 5,444  
Charge-offs (2,331) (1,803) (4,427) (4,316)  
Recoveries 701 646 1,311 1,166  
Allowance Transferred From Covered Loans   0   0  
Balance at end of period 6,907 14,285 6,907 14,285  
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Specific ALLL 234 362 234 362  
General ALLL 6,673 13,923 6,673 13,923  
Ending balance: loans individually evaluated for impairment 865 1,130 865 1,130  
Ending balance: loans collectively evaluated for impairment 990,681 870,968 990,681 870,968  
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 991,546 872,098 991,546 872,098  
Leasing | PUERTO RICO | Covered loans          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period   0   0  
Provision (reversal) for loan losses   0   0  
Charge-offs   0   0  
Recoveries   0   0  
Allowance Transferred To Non Covered Loans   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 And Leases Receivable Covered And Not Covered Total Net Of Unearned Income   0   0  
Consumer          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period 166,407 189,434 162,942 190,467  
Provision (reversal) for loan losses 32,586 29,935 65,010 56,282  
Charge-offs (43,529) (36,149) (85,049) (70,839)  
Recoveries 12,593 8,799 25,154 16,109  
Balance at end of period 168,057 192,019 168,057 192,019  
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Specific ALLL 24,455 24,836 24,455 24,836  
General ALLL 143,602 167,183 143,602 167,183  
Ending balance: loans individually evaluated for impairment 108,851 112,485 108,851 112,485  
Ending balance: loans collectively evaluated for impairment 5,640,474 3,728,656 5,640,474 3,728,656  
Non-covered Loans held-in-portfolio 5,749,325   5,749,325   5,489,441
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 5,749,325 3,841,141 5,749,325 3,841,141  
Consumer | PUERTO RICO          
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Non-covered Loans held-in-portfolio 5,298,350   5,298,350   5,056,778
Consumer | PUERTO RICO | Non-covered loans          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period 147,665 176,203 144,594 174,215  
Provision (reversal) for loan losses 27,160 26,749 55,214 50,992  
Charge-offs (37,920) (31,151) (73,789) (59,523)  
Recoveries 11,226 7,077 22,112 13,194  
Allowance Transferred From Covered Loans   188   188  
Balance at end of period 148,131 179,066 148,131 179,066  
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Specific ALLL 22,592 23,553 22,592 23,553  
General ALLL 125,539 155,513 125,539 155,513  
Ending balance: loans individually evaluated for impairment 98,901 105,922 98,901 105,922  
Ending balance: loans collectively evaluated for impairment 5,199,449 3,281,198 5,199,449 3,281,198  
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income 5,298,350 3,387,120 5,298,350 3,387,120  
Consumer | PUERTO RICO | Covered loans          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period   188   723  
Provision (reversal) for loan losses   0   (535)  
Charge-offs   0   (2)  
Recoveries   0   2  
Allowance Transferred To Non Covered Loans   (188)   (188)  
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 And Leases Receivable Covered And Not Covered Total Net Of Unearned Income   0   0  
Consumer | UNITED STATES          
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Non-covered Loans held-in-portfolio 450,975   450,975   $ 432,663
Consumer | UNITED STATES | Non-covered loans          
Financing Receivable, Allowance for Credit Losses          
Balance at beginning of period 18,742 13,043 18,348 15,529  
Provision (reversal) for loan losses 5,426 3,186 9,796 5,825  
Charge-offs (5,609) (4,998) (11,260) (11,314)  
Recoveries 1,367 1,722 3,042 2,913  
Balance at end of period 19,926 12,953 19,926 12,953  
Financing Receivable Allowance For Credit Loss Additional Information Abstract          
Specific ALLL 1,863 1,283 1,863 1,283  
General ALLL 18,063 11,670 18,063 11,670  
Ending balance: loans individually evaluated for impairment 9,950 6,563 9,950 6,563  
Ending balance: loans collectively evaluated for impairment 441,025 447,458 441,025 447,458  
Loans And Leases Receivable Covered And Not Covered Total Net Of Unearned Income $ 450,975 $ 454,021 $ 450,975 $ 454,021