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Consolidated statements of income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Interest income:      
Deposits with banks $ 1,876 $ 1,351 $ 839
Trading assets 69 1,758 3,133
Investment securities:      
Available-for-sale 5,675 10,780 8,188
Held-to-maturity 721 880 285
Investment fund 880 2,341 2,198
Loans 183,216 140,317 104,835
Total interest income 192,437 157,427 119,478
Interest expense:      
Deposits 12,944 8,818 8,531
Investment fund 109 323 963
Short-term borrowings 20,673 15,753 8,058
Borrowings and long-term debt 53,734 29,823 27,423
Total interest expense 87,460 54,717 44,975
Net interest income 104,977 102,710 74,503
Reversal of provision (provision) for loan losses 8,343 [1] (8,841) [1] (9,091) [1]
Net interest income, after reversal of provision (provision) for loan losses 113,320 93,869 65,412
Other income (expense):      
Reversal of provision for losses on off-balance sheet credit risk 4,046 4,448 13,926
Fees and commissions, net 10,021 10,619 9,811
Derivative financial instruments and hedging 71 2,923 (1,446)
Recoveries, net of impairment of assets 0 (57) 233
Net gain on sale of securities available-for-sale 6,030 3,413 2,346
Net gain (loss) on foreign currency exchange (10,525) 4,269 1,870
Gain on sale of premises and equipment 5,626 0 0
Other income, net 2,986 1,059 1,279
Net other income 36,500 40,494 16,421
Operating expenses:      
Salaries and other employee expenses 33,171 27,825 22,251
Depreciation and amortization of premises and equipment 2,269 2,139 2,471
Professional services 4,053 4,151 3,977
Maintenance and repairs 1,936 1,634 1,615
Expenses from the investment fund 2,953 4,372 3,996
Other operating expenses 11,432 9,966 7,908
Total operating expenses 55,814 50,087 42,218
Net income from continuing operations 94,006 84,276 39,615
Net income (loss) from discontinued operations (681) (420) 206
Net income (loss) 93,325 83,856 39,821
Net income (loss) attributable to the redeemable noncontrolling interest 293 676 (2,423)
Net income attributable to Bladex 93,032 83,180 42,244
Amounts attributable to Bladex:      
Net income from continuing operations 93,713 83,600 42,038
Net income (loss) from discontinued operations (681) [2] (420) [2] 206 [2]
Net income attributable to Bladex 93,032 83,180 42,244
Earnings per share from continuing operations:      
Basic (in dollars per share) $ 2.48 $ 2.26 $ 1.15
Diluted (in dollars per share) $ 2.47 $ 2.25 $ 1.14
Earnings (loss) per share from discontinued operations:      
Basic (in dollars per share) $ (0.02) $ (0.01) $ 0.01
Diluted (in dollars per share) $ (0.02) $ (0.01) $ 0.01
Earnings per share:      
Basic (in dollars per share) $ 2.46 $ 2.25 $ 1.15
Diluted (in dollars per share) $ 2.45 $ 2.24 $ 1.15
Weighted average basic shares (in shares) 37,824 36,969 36,647
Weighted average diluted shares (in shares) 37,938 [3] 37,145 [3] 36,814 [3]
Investment fund trading [Member]
     
Other income (expense):      
Fees and commissions, net 2,588 2,832 3,106
Net gain (loss) from trading 7,011 20,314 (7,995)
Trading Securities [Member]
     
Other income (expense):      
Net gain (loss) from trading $ 11,234 $ (6,494) $ (3,603)
[1] It includes releases of specific reserves for $7,931 thousand during 2012, $1,600 thousand during 2011, and $1,031 thousand during 2010.
[2] Net operating income refers to net income excluding reversals (provisions) for loans and off-balance sheet credit losses and recoveries on assets.
[3] As of December 31, 2011 and 2010, weighted average options of 72,053 and 760,284, respectively, were excluded from the computation of diluted earnings per share because the option's exercise price was greater than the average quoted market price of the Bank's common stock. As of December 31, 2012, the computation of earnings per share did not exclude any weighted average options.