XML 198 R186.htm IDEA: XBRL DOCUMENT v3.10.0.1
Note Income taxes (Differences between income tax expense (benefit) applicable to income before income taxes and amount computed by applying the statutory tax rate in Puerto Rico) (Detail) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Amount        
Income tax expense $ 42,018 $ (19,966) $ 35,613 $ 48,772
PUERTO RICO        
Amount        
Computed income tax at statutory rates 71,240 272 213,474 100,857
Net benefit of net tax exempt interest income (24,941) (19,563) (70,341) (56,408)
Deferred tax asset valuation allowance 5,606 5,142 17,018 15,262
Difference in tax rates due to multiple jurisdictions (5,203) 189 (10,400) (1,601)
State and local taxes 3,115 (64) 6,196 2,800
Income tax expense $ 42,018 $ (19,966) $ 35,613 $ 48,772
% of pre-tax income        
Computed income tax at statutory rates 39.00% 39.00% 39.00% 39.00%
Net benefit of net tax exempt interest income (14.00%) (2803.00%) (13.00%) (22.00%)
Deferred tax asset valuation allowance 3.00% 737.00% 3.00% 6.00%
Difference in tax rates due to multiple jurisdictions (3.00%) 27.00% (2.00%) (1.00%)
State and local taxes 2.00% (9.00%) 1.00% 1.00%
Income tax (benefit) expense 23.00% (2861.00%) 6.00% 19.00%
PUERTO RICO | Effect Of Income Subject To Preferential Tax Rate        
Amount        
Other $ (2,031) $ (3,313) $ (108,087) [1] $ (9,825)
% of pre-tax income        
Others (1.00%) (475.00%) (20.00%) [1] (4.00%)
PUERTO RICO | Others        
Amount        
Other $ (4,147) $ (1,444) $ (10,626) $ (1,128)
% of pre-tax income        
Others (2.00%) (207.00%) (2.00%) 0.00%
PUERTO RICO | Unrecognized tax benefits        
Amount        
Unrecognized tax benefits $ (1,621) $ (1,185) $ (1,621) $ (1,185)
% of pre-tax income        
Unrecognized tax benefits (1.00%) (170.00%) 0.00% 0.00%
[1]
For the nine months ended September 30, 2018, includes the impact of the Tax Closing Agreement entered into in connection with the Westernbank FDIC-assisted Transaction.