XML 168 R165.htm IDEA: XBRL DOCUMENT v3.19.3
Fair value of financial instruments - Carrying or notional amounts and estimated fair values for financial instruments (Details) - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Sep. 30, 2018
Dec. 31, 2017
Carrying amount        
Financial Assets:        
Cash and due from banks $ 502,060,000 $ 394,035,000    
Money market investments 5,168,585,000 4,171,048,000    
Trading account debt securities, excluding derivatives 36,303,000 37,787,000    
Debt securities available-for-sale, at fair value 16,479,110,000 13,300,184,000    
Debt securities held-to-maturity, at amortized cost 97,707,000 101,575,000    
Equity securities:        
FHLB Stock 46,729,000 51,628,000    
FRB stock 92,648,000 89,358,000    
Other investments 21,081,000 14,598,000    
Equity securities 160,458,000 155,584,000    
Loans held-for-sale 56,370,000 51,422,000    
Loans held in portfolio, net 26,495,610,000 25,938,541,000    
Mortgage servicing rights 150,652,000 169,777,000    
Derivatives 15,234,000 13,603,000    
Deposits        
Demand deposits 36,370,038,000 32,093,274,000    
Time deposits 7,796,157,000 7,616,765,000    
Total deposits 44,166,195,000 39,710,039,000    
Assets sold under agreements to repurchase 213,097,000 281,529,000    
Other short-term borrowings   42,000    
Notes payable:        
Advances with the FHLB 486,785,000 556,776,000    
Unsecured senior debt securities 294,990,000 294,039,000    
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 384,895,000 384,875,000    
Capital lease obligations   20,412,000    
Notes Payable 1,166,670,000 1,256,102,000    
Derivatives 14,069,000 12,320,000    
Cash and due from banks 502,060,000 394,035,000    
Money market investments 5,168,585,000 4,171,048,000    
Trading account debt securities, excluding derivatives 36,303,000 37,787,000    
Debt securities available-for-sale, at fair value 16,479,110,000 13,300,184,000    
Debt securities held-to-maturity, at amortized cost 97,707,000 101,575,000    
Equity securities 160,458,000 155,584,000    
Loans held in portfolio, net 26,495,610,000 25,938,541,000    
Mortgage servicing rights 150,652,000 169,777,000 $ 162,779,000 $ 168,031,000
Time deposits 7,796,157,000 7,616,764,000    
Total deposits 44,166,195,000 39,710,039,000    
Assets sold under agreements to repurchase 213,097,000 281,529,000    
Other short-term borrowings 0 42,000    
Capital lease obligations 0 20,412,000    
Notes Payable 1,166,670,000 1,256,102,000    
Fair Value        
Financial Assets:        
Cash and due from banks 502,060,000 394,035,000    
Money market investments 5,168,585,000 4,171,048,000    
Trading account debt securities, excluding derivatives 36,303,000 37,787,000    
Debt securities available-for-sale, at fair value 16,479,110,000 13,300,184,000    
Debt securities held-to-maturity, at amortized cost 103,918,000 102,653,000    
Equity securities:        
FHLB Stock 46,729,000 51,628,000    
FRB stock 92,648,000 89,358,000    
Other investments 27,074,000 18,835,000    
Equity securities 166,451,000 159,821,000    
Loans held-for-sale 57,572,000 52,474,000    
Loans held in portfolio, net 24,603,515,000 23,143,027,000    
Mortgage servicing rights 150,652,000 169,777,000    
Derivatives 15,234,000 13,603,000    
Deposits        
Demand deposits 36,370,038,000 32,093,274,000    
Time deposits 7,648,739,000 7,392,698,000    
Total deposits 44,018,777,000 39,485,972,000    
Assets sold under agreements to repurchase 212,812,000 281,535,000    
Other short-term borrowings   42,000    
Notes payable:        
Advances with the FHLB 496,552,000 553,111,000    
Unsecured senior debt securities 322,014,000 302,664,000    
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 406,485,000 381,079,000    
Capital lease obligations   20,412,000    
Notes Payable 1,225,051,000 1,257,266,000    
Derivatives 14,069,000 12,320,000    
Obligations of Puerto Rico, States and political subdivisions | Carrying amount        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 85,598,000 89,459,000    
Obligations of Puerto Rico, States and political subdivisions        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 85,598,000 89,459,000    
Obligations of Puerto Rico, States and political subdivisions | Fair Value        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 91,808,000 90,534,000    
Collateralized Mortgage Obligations - Federal agencies | Carrying amount        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 48,000 55,000    
Collateralized Mortgage Obligations - Federal agencies        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 48,000 55,000    
Collateralized Mortgage Obligations - Federal agencies | Fair Value        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 50,000 58,000    
Securities in wholly owned statutory business trusts | Carrying amount        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 11,561,000 11,561,000    
Securities in wholly owned statutory business trusts        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 11,561,000 11,561,000    
Securities in wholly owned statutory business trusts | Fair Value        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 11,561,000 11,561,000    
Other | Carrying amount        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 500,000 500,000    
Other        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 500,000 500,000    
Other | Fair Value        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 499,000 500,000    
Level 1 | Fair Value        
Financial Assets:        
Cash and due from banks 502,060,000 394,035,000    
Money market investments 5,162,672,000 4,161,832,000    
Trading account debt securities, excluding derivatives 2,758,000 6,278,000    
Debt securities available-for-sale, at fair value 4,487,422,000 2,719,740,000    
Debt securities held-to-maturity, at amortized cost 0 0    
Equity securities:        
FHLB Stock 0 0    
FRB stock 0 0    
Other investments 0 0    
Equity securities 0 0    
Loans held-for-sale 0 0    
Loans held in portfolio, net 0 0    
Mortgage servicing rights 0 0    
Derivatives 0 0    
Deposits        
Demand deposits 0 0    
Time deposits 0 0    
Total deposits 0 0    
Assets sold under agreements to repurchase 0 0    
Other short-term borrowings   0    
Notes payable:        
Advances with the FHLB 0 0    
Unsecured senior debt securities 0 0    
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 0 0    
Capital lease obligations   0    
Notes Payable 0 0    
Derivatives 0 0    
Level 1 | Obligations of Puerto Rico, States and political subdivisions | Fair Value        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 0 0    
Level 1 | Collateralized Mortgage Obligations - Federal agencies | Fair Value        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 0 0    
Level 1 | Securities in wholly owned statutory business trusts | Fair Value        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 0 0    
Level 1 | Other | Fair Value        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 0 0    
Level 2 | Fair Value        
Financial Assets:        
Cash and due from banks 0 0    
Money market investments 5,913,000 9,216,000    
Trading account debt securities, excluding derivatives 32,506,000 30,370,000    
Debt securities available-for-sale, at fair value 11,990,479,000 10,579,211,000    
Debt securities held-to-maturity, at amortized cost 12,060,000 12,061,000    
Equity securities:        
FHLB Stock 46,729,000 51,628,000    
FRB stock 92,648,000 89,358,000    
Other investments 19,778,000 13,296,000    
Equity securities 159,155,000 154,282,000    
Loans held-for-sale 0 0    
Loans held in portfolio, net 0 0    
Mortgage servicing rights 0 0    
Derivatives 15,234,000 13,603,000    
Deposits        
Demand deposits 36,370,038,000 32,093,274,000    
Time deposits 7,648,739,000 7,392,698,000    
Total deposits 44,018,777,000 39,485,972,000    
Assets sold under agreements to repurchase 212,812,000 281,535,000    
Other short-term borrowings   42,000    
Notes payable:        
Advances with the FHLB 496,552,000 553,111,000    
Unsecured senior debt securities 322,014,000 302,664,000    
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 406,485,000 381,079,000    
Capital lease obligations   0    
Notes Payable 1,225,051,000 1,236,854,000    
Derivatives 14,069,000 12,320,000    
Level 2 | Obligations of Puerto Rico, States and political subdivisions | Fair Value        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 0 0    
Level 2 | Collateralized Mortgage Obligations - Federal agencies | Fair Value        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 0 0    
Level 2 | Securities in wholly owned statutory business trusts | Fair Value        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 11,561,000 11,561,000    
Level 2 | Other | Fair Value        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 499,000 500,000    
Level 3 | Fair Value        
Financial Assets:        
Cash and due from banks 0 0    
Money market investments 0 0    
Trading account debt securities, excluding derivatives 1,039,000 1,139,000    
Debt securities available-for-sale, at fair value 1,209,000 1,233,000    
Debt securities held-to-maturity, at amortized cost 91,858,000 90,592,000    
Equity securities:        
FHLB Stock 0 0    
FRB stock 0 0    
Other investments 7,296,000 5,539,000    
Equity securities 7,296,000 5,539,000    
Loans held-for-sale 57,572,000 52,474,000    
Loans held in portfolio, net 24,603,515,000 23,143,027,000    
Mortgage servicing rights 150,652,000 169,777,000    
Derivatives 0 0    
Deposits        
Demand deposits 0 0    
Time deposits 0 0    
Total deposits 0 0    
Assets sold under agreements to repurchase 0 0    
Other short-term borrowings   0    
Notes payable:        
Advances with the FHLB 0 0    
Unsecured senior debt securities 0 0    
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 0 0    
Capital lease obligations   20,412,000    
Notes Payable 0 20,412,000    
Derivatives 0 0    
Level 3 | Obligations of Puerto Rico, States and political subdivisions | Fair Value        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 91,808,000 90,534,000    
Level 3 | Collateralized Mortgage Obligations - Federal agencies | Fair Value        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 50,000 58,000    
Level 3 | Securities in wholly owned statutory business trusts | Fair Value        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost 0 0    
Level 3 | Other | Fair Value        
Financial Assets:        
Debt securities held-to-maturity, at amortized cost $ 0 $ 0