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Income taxes - Components of deferred tax assets and liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Deferred tax assets:    
Tax credits available for carryforward $ 29,589 $ 10,544
Net operating loss and other carryforward available 662,490 743,616
Postretirement and pension benefits 27,786 38,121
Allowance for credit losses 271,568 273,178
Depreciation 14,929 13,352
FDIC-assisted transaction 152,665 152,665
Lease liability 41,618 49,562
Unrealized net loss on investment securities 273,407 331,620
Difference in outside basis from pass-through entities 50,144 46,056
Mortgage servicing rights 14,475 14,085
Other temporary differences 50,199 57,304
Total gross deferred tax assets 1,588,870 1,730,103
Deferred tax liabilities:    
Intangibles 144,277 136,579
Right of use assets 37,238 44,678
Deferred loan origination fees/cost 205 430
Loans acquired 18,415 20,430
Other temporary differences 7,228 6,824
Total gross deferred tax liabilities 207,363 208,941
Valuation allowance 456,751 513,382
Net deferred tax asset 924,756 1,007,780
PR    
Deferred tax assets:    
Tax credits available for carryforward 4,861 263
Net operating loss and other carryforward available 52,211 122,634
Postretirement and pension benefits 27,786 38,121
Allowance for credit losses 247,153 244,956
Depreciation 7,700 6,774
FDIC-assisted transaction 152,665 152,665
Lease liability 25,167 29,070
Unrealized net loss on investment securities 252,411 312,583
Difference in outside basis from pass-through entities 50,144 46,056
Mortgage servicing rights 14,475 14,085
Other temporary differences 41,127 47,679
Total gross deferred tax assets 875,700 1,014,886
Deferred tax liabilities:    
Intangibles 88,351 84,635
Right of use assets 22,784 26,648
Deferred loan origination fees/cost (1,880) (1,056)
Loans acquired 18,415 20,430
Other temporary differences 6,799 6,402
Total gross deferred tax liabilities 134,469 137,059
Valuation allowance 69,837 139,347
Net deferred tax asset 671,394 738,480
US    
Deferred tax assets:    
Tax credits available for carryforward 24,728 10,281
Net operating loss and other carryforward available 610,279 620,982
Postretirement and pension benefits 0 0
Allowance for credit losses 24,415 28,222
Depreciation 7,229 6,578
FDIC-assisted transaction 0 0
Lease liability 16,451 20,492
Unrealized net loss on investment securities 20,996 19,037
Difference in outside basis from pass-through entities 0 0
Mortgage servicing rights 0 0
Other temporary differences 9,072 9,625
Total gross deferred tax assets 713,170 715,217
Deferred tax liabilities:    
Intangibles 55,926 51,944
Right of use assets 14,454 18,030
Deferred loan origination fees/cost 2,085 1,486
Loans acquired 0 0
Other temporary differences 429 422
Total gross deferred tax liabilities 72,894 71,882
Valuation allowance 386,914 374,035
Net deferred tax asset $ 253,362 $ 269,300