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Goodwill and other intangible assets (Tables)
6 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure  
Goodwill and accumulated impairment losses by reportable segments

June 30, 2021

 

Balance at

 

 

Balance at

 

June 30,

Accumulated

June 30,

 

2021

impairment

2021

(In thousands)

(gross amounts)

losses

(net amounts)

Banco Popular de Puerto Rico

$

324,049

$

3,801

$

320,248

Popular U.S.

 

515,285

 

164,411

 

350,874

Total Popular, Inc.

$

839,334

$

168,212

$

671,122

December 31, 2020

 

Balance at

 

 

Balance at

 

December 31,

Accumulated

December 31,

 

2020

impairment

2020

(In thousands)

(gross amounts)

losses

(net amounts)

Banco Popular de Puerto Rico

$

324,049

$

3,801

$

320,248

Popular U.S.

 

515,285

 

164,411

 

350,874

Total Popular, Inc.

$

839,334

$

168,212

$

671,122

Components of Other Intangible Assets Subject to Amortization

 

 

Gross Carrying

 

Accumulated

 

Net Carrying

(In thousands)

 

Amount

 

Amortization

 

Value

June 30, 2021

 

 

 

 

 

 

 

Core deposits

$

12,810

$

8,113

$

4,697

 

Other customer relationships

 

26,677

 

17,098

 

9,579

Total other intangible assets

$

39,487

$

25,211

$

14,276

December 31, 2020

 

 

 

 

 

 

 

Core deposits

$

12,810

$

7,473

$

5,337

 

Other customer relationships

 

26,397

 

15,684

 

10,713

 

Trademark

 

488

 

236

 

252

Total other intangible assets

$

39,695

$

23,393

$

16,302

Estimated Amortization of the Intangible Assets with Definite Useful Lives

(In thousands)

 

 

Remaining 2021

$

1,440

Year 2022

 

2,630

Year 2023

 

2,630

Year 2024

 

2,389

Year 2025

 

1,200

Later years

 

3,987