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Other liabilities
6 Months Ended
Jun. 30, 2020
Other Liabilities Disclosure Abstract  
Other liabilites

Note 17 − Other liabilities

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

(In thousands)

June 30, 2020

December 31, 2019

Accrued expenses

$

218,157

$

273,184

Accrued interest payable

 

40,605

 

44,026

Accounts payable

 

69,523

 

65,688

Dividends payable

 

33,663

 

29,027

Trades payable

 

470,849

 

4,084

Liability for GNMA loans sold with an option to repurchase

 

522,191

 

102,663

Reserves for loan indemnifications

 

34,427

 

38,074

Reserve for operational losses

 

37,055

 

35,665

Operating lease liabilities (Note 28)

 

167,951

 

165,139

Finance lease liabilities (Note 28)

 

20,020

 

19,810

Pension benefit obligation

 

44,983

 

52,616

Postretirement benefit obligation

 

168,362

 

168,681

Others

 

53,762

 

46,296

Total other liabilities

$

1,881,548

$

1,044,953