Book value prior to

purchase accounting

Fair value

Measurement

As recorded by

(In thousands)

adjustments

period adjustments

Popular, Inc.

Cash consideration

$

1,843,256

$

-

$

-

$

1,843,256

Assets:

Loans

$

1,912,866

$

(126,908)

^[1]

$

16,505

^[1]

$

1,802,463

Premises and equipment

1,246

-

1,246

Accrued income receivable

1,466

-

1,466

Other assets

5,020

-

(91)

4,929

Trademark

-

488

-

488

Total assets

$

1,920,598

$

(126,420)

$

16,414

$

1,810,592

Liabilities:

Other liabilities

$

11,164

$

-

$

-

$

11,164

Total liabilities

$

11,164

$

-

$

-

$

11,164

Net assets acquired

$

1,909,434

$

(126,420)

$

16,414

$

1,799,428

Goodwill on acquisition

$

43,828

[1]

The fair value discount is comprised of $106 million related to the retail auto loans portfolio and $ 4 million related to the commercial loans portfolio.