XML 108 R92.htm IDEA: XBRL DOCUMENT v3.25.1
Financial risk review - Schedule of Bank's Interest Rate Gap Position (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Assets        
Securities - principal $ 1,201,930 $ 1,022,131    
Gross balance 8,375,172 7,195,567    
Liabilities        
Securities sold under repurchase agreements (212,931) (310,197) $ (300,498)  
Borrowings and debt (4,352,316) (4,351,988) $ (4,416,511) $ (3,304,178)
Interest rate and foreign exchange risk        
Assets        
Cash and due from banks 1,963,838 2,047,452    
Securities - principal 1,189,325 1,011,368    
Gross balance 8,375,172 7,195,567    
Total 11,528,335 10,254,387    
Liabilities        
Demand deposits and time deposits (5,412,724) (4,408,149)    
Securities sold under repurchase agreements (212,931) (310,197)    
Borrowings and debt (4,352,316) (4,351,988)    
Total (9,977,971) (9,070,334)    
Net effect of derivative financial instruments held for interest risk management (119,390) 127,733    
Total interest rate sensitivity 1,430,974 1,311,786    
Interest rate risk | Up to 3 months        
Assets        
Cash and due from banks 1,940,840 2,044,103    
Securities - principal 83,294 14,169    
Gross balance 5,053,040 4,292,324    
Total 7,077,174 6,350,596    
Liabilities        
Demand deposits and time deposits (4,404,015) (3,553,774)    
Securities sold under repurchase agreements (133,898) (310,197)    
Borrowings and debt (2,932,280) (2,653,379)    
Total (7,470,193) (6,517,350)    
Net effect of derivative financial instruments held for interest risk management (8,159) (3,485)    
Total interest rate sensitivity (401,178) (170,239)    
Interest rate risk | 3 to 6 months        
Assets        
Cash and due from banks 5,000 0    
Securities - principal 64,955 60,256    
Gross balance 2,025,688 1,699,301    
Total 2,095,643 1,759,557    
Liabilities        
Demand deposits and time deposits (645,546) (442,338)    
Securities sold under repurchase agreements 0 0    
Borrowings and debt (801,575) (381,795)    
Total (1,447,121) (824,133)    
Net effect of derivative financial instruments held for interest risk management 9,414 3,790    
Total interest rate sensitivity 657,936 939,214    
Interest rate risk | 6 months to 1 year        
Assets        
Cash and due from banks 15,000 0    
Securities - principal 104,954 82,951    
Gross balance 1,039,106 915,143    
Total 1,159,060 998,094    
Liabilities        
Demand deposits and time deposits (336,377) (342,686)    
Securities sold under repurchase agreements (58,636) 0    
Borrowings and debt (460,355) (483,731)    
Total (855,368) (826,417)    
Net effect of derivative financial instruments held for interest risk management (242) 47,134    
Total interest rate sensitivity 303,450 218,811    
Interest rate risk | 1 to 5 years        
Assets        
Cash and due from banks 0 0    
Securities - principal 907,612 824,836    
Gross balance 248,045 280,005    
Total 1,155,657 1,104,841    
Liabilities        
Demand deposits and time deposits (24,130) (59,029)    
Securities sold under repurchase agreements (20,397) 0    
Borrowings and debt (158,106) (818,947)    
Total (202,633) (877,976)    
Net effect of derivative financial instruments held for interest risk management (119,018) 78,855    
Total interest rate sensitivity 834,006 305,720    
Interest rate risk | More than 5 years        
Assets        
Cash and due from banks 0 0    
Securities - principal 28,510 29,156    
Gross balance 9,293 8,794    
Total 37,803 37,950    
Liabilities        
Demand deposits and time deposits 0 0    
Securities sold under repurchase agreements 0 0    
Borrowings and debt 0 (14,136)    
Total 0 (14,136)    
Net effect of derivative financial instruments held for interest risk management (1,385) 1,439    
Total interest rate sensitivity 36,418 25,253    
Without interest rate risk        
Assets        
Cash and due from banks 2,998 3,349    
Securities - principal 0 0    
Gross balance 0 0    
Total 2,998 3,349    
Liabilities        
Demand deposits and time deposits (2,656) (10,322)    
Securities sold under repurchase agreements 0 0    
Borrowings and debt 0 0    
Total (2,656) (10,322)    
Net effect of derivative financial instruments held for interest risk management 0 0    
Total interest rate sensitivity $ 342 $ (6,973)