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

 

 

Quarters ended September 30,

 

 

Nine months ended September 30,

(In thousands)

2019

2018

 

2019

2018

Balance as of beginning of period

$

48,100

$

57,425

 

$

56,230

$

58,820

Provision for recourse liability

 

2,755

 

3,000

 

 

3,711

 

5,991

Net charge-offs

 

(5,394)

 

(2,678)

 

 

(14,480)

 

(7,064)

Balance as of end of period

$

45,461

$

57,747

 

$

45,461

$

57,747

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 September 30,

 

Nine months ended September 30,

(In thousands)

 

2019

 

2018

 

2019

 

2018

Balance as of beginning of period

$

3,825

$

11,153

$

10,837

$

11,742

Provision (reversal) for representation and warranties

 

(81)

 

(104)

 

(4,488)

 

194

Net charge-offs

 

-

 

(39)

 

(75)

 

(926)

Settlements paid

 

-

 

-

 

(2,530)

 

-

Balance as of end of period

$

3,744

$

11,010

$

3,744

$

11,010