Other liabilities

12 Months Ended

Dec. 31, 2019

Other Liabilities Disclosure Abstract

Other liabilites

Note 21 − Other liabilities

The caption of other liabilities in the consolidated statements of financial condition consists of the following major categories:

(In thousands)	December 31, 2019		December 31, 2018
Accrued expenses	$	273,184	$	276,120
Accrued interest payable		44,026		44,638
Accounts payable		65,688		66,381
Dividends payable		29,027		25,092
Trades payable		4,084		64
Liability for GNMA loans sold with an option to repurchase		102,663		134,260
Reserves for loan indemnifications		38,074		67,066
Reserve for operational losses		35,665		40,921
Operating lease liabilities (Note 35)		165,139		-
Finance lease liabilities (Note 35)		19,810		-
Pension benefit obligation		52,616		68,736
Postretirement benefit obligation		168,681		153,415
Others		46,296		45,115
Total other liabilities	$	1,044,953	$	921,808