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v3.19.3.a.u2

Segment reporting - Results of Operations (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017
Segment Reporting Information |  |  |
Net Interest income (expense) | $ 1,891,694 | $ 1,734,877 | $ 1,501,964
Provision (reversal) for loan losses | 165,779 | 228,072 | 325,424
Non interest Income | 569,883 | 652,494 | 419,167
Amortization of intangibles | 9,370 | 9,326 | 9,378
Depreciation expense | 58,067 | 53,300 | 48,364
Loss on early extinguishment of debt | 0 | 12,522 | 0
Other operating expenses | 1,410,045 | 1,346,414 | 1,199,454
Income tax expense | 147,181 | 119,579 | 230,830
Net income (loss) from continuing operations | 671,135 | 618,158 | 107,681
Segment assets | 52,115,324 | 47,604,577 | 44,277,337
Reportable Segment |  |  |
Segment Reporting Information |  |  |
Net Interest income (expense) | 1,929,369 | 1,786,752 | 1,560,573
Provision (reversal) for loan losses | 165,523 | 228,323 | 330,976
Non interest Income | 529,338 | 612,366 | 384,022
Amortization of intangibles | 9,274 | 9,285 | 9,378
Depreciation expense | 57,321 | 52,557 | 47,715
Loss on early extinguishment of debt |  | 0 |
Other operating expenses | 1,413,130 | 1,254,620 | 1,127,415
Income tax expense | 148,309 | 146,489 | 264,397
Net income (loss) from continuing operations | 665,150 | 707,844 | 164,714
Segment assets | 51,794,604 | 47,304,409 | 43,994,932
Intersegment Elimination |  |  |
Segment Reporting Information |  |  |
Net Interest income (expense) | (51) | (2) | (217)
Provision (reversal) for loan losses | 0 | 0 | 0
Non interest Income | (561) | (560) | (572)
Amortization of intangibles | 0 | 0 | 0
Depreciation expense | 0 | 0 | 0
Other operating expenses | (547) | (546) | (551)
Income tax expense | 0 | 0 | (93)
Net income (loss) from continuing operations | (65) | (16) | (145)
Segment assets | (18,576) | (114,923) | (16,992)
Corporate |  |  |
Segment Reporting Information |  |  |
Net Interest income (expense) | (37,675) | (51,875) | (58,609)
Provision (reversal) for loan losses | 256 | (251) | 403
Non interest Income | 43,901 | 42,914 | 37,949
Amortization of intangibles | 96 | 41 | 0
Depreciation expense | 746 | 743 | 649
Loss on early extinguishment of debt |  | 12,522 |
Other operating expenses | 55 | 94,640 | 74,731
Income tax expense | (1,041) | (26,947) | (35,835)
Net income (loss) from continuing operations | 6,114 | (89,709) | (60,608)
Segment assets | 5,228,276 | 5,099,491 | 5,046,153
Eliminations |  |  |
Segment Reporting Information |  |  |
Net Interest income (expense) | 0 | 0 | 0
Provision (reversal) for loan losses | 0 | 0 | (5,955)
Non interest Income | (3,356) | (2,786) | (2,804)
Amortization of intangibles | 0 | 0 | 0
Depreciation expense | 0 | 0 | 0
Loss on early extinguishment of debt |  | 0 |
Other operating expenses | (3,140) | (2,846) | (2,692)
Income tax expense | (87) | 37 | 2,268
Net income (loss) from continuing operations | (129) | 23 | 3,575
Segment assets | (4,907,556) | (4,799,323) | (4,763,748)
Banco Popular de Puerto Rico | Reportable Segment |  |  |
Segment Reporting Information |  |  |
Net Interest income (expense) | 1,633,950 | 1,482,178 | 1,279,844
Provision (reversal) for loan losses | 135,495 | 198,442 | 253,032
Non interest Income | 506,739 | 592,938 | 364,164
Amortization of intangibles | 8,610 | 8,620 | 8,713
Depreciation expense | 49,058 | 43,504 | 39,162
Other operating expenses | 1,208,458 | 1,073,012 | 957,924
Income tax expense | 129,145 | 121,195 | 72,741
Net income (loss) from continuing operations | 609,923 | 630,343 | 312,436
Segment assets | 41,756,864 | 38,037,696 | 34,843,668
Banco Popular de Puerto Rico | Reportable Segment | Commercial Banking |  |  |
Segment Reporting Information |  |  |
Net Interest income (expense) | 619,926 | 584,293 | 518,404
Provision (reversal) for loan losses | (46,099) | 105,604 | 8,911
Non interest Income | 99,758 | 84,762 | 79,630
Amortization of intangibles | 195 | 208 | 211
Depreciation expense | 20,024 | 17,668 | 17,338
Other operating expenses | 309,762 | 276,158 | 239,369
Income tax expense | 104,636 | 76,255 | 93,378
Net income (loss) from continuing operations | 331,166 | 193,162 | 238,827
Segment assets | 34,340,842 | 27,712,852 | 21,735,909
Banco Popular de Puerto Rico | Reportable Segment | Consumer and Retail Banking |  |  |
Segment Reporting Information |  |  |
Net Interest income (expense) | 1,009,196 | 892,735 | 753,922
Provision (reversal) for loan losses | 181,594 | 92,838 | 244,121
Non interest Income | 303,268 | 311,775 | 194,741
Amortization of intangibles | 4,294 | 4,275 | 4,274
Depreciation expense | 28,411 | 25,222 | 21,120
Other operating expenses | 835,582 | 718,990 | 656,998
Income tax expense | 11,999 | 100,925 | (31,404)
Net income (loss) from continuing operations | 250,584 | 262,260 | 53,554
Segment assets | 23,976,004 | 22,712,950 | 20,180,173
Banco Popular de Puerto Rico | Reportable Segment | Other Financial Services |  |  |
Segment Reporting Information |  |  |
Net Interest income (expense) | 4,828 | 5,201 | 7,499
Provision (reversal) for loan losses | 0 | 0 | 0
Non interest Income | 106,218 | 95,199 | 90,222
Amortization of intangibles | 4,121 | 4,137 | 4,228
Depreciation expense | 623 | 614 | 704
Other operating expenses | 65,631 | 71,344 | 62,030
Income tax expense | 12,510 | 7,903 | 10,767
Net income (loss) from continuing operations | 28,161 | 16,402 | 19,992
Segment assets | 380,557 | 376,992 | 520,717
Banco Popular de Puerto Rico | Reportable Segment | Eliminations |  |  |
Segment Reporting Information |  |  |
Net Interest income (expense) | 0 | (51) | 19
Provision (reversal) for loan losses | 0 | 0 | 0
Non interest Income | (2,505) | 101,202 | (429)
Amortization of intangibles | 0 | 0 | 0
Depreciation expense | 0 | 0 | 0
Other operating expenses | (2,517) | 6,520 | (473)
Income tax expense | 0 | (63,888) | 0
Net income (loss) from continuing operations | 12 | 158,519 | 63
Segment assets | (16,940,539) | (12,765,098) | (7,593,131)
PB | Reportable Segment |  |  |
Segment Reporting Information |  |  |
Net Interest income (expense) | 295,470 | 304,576 | 280,946
Provision (reversal) for loan losses | 30,028 | 29,881 | 77,944
Non interest Income | 23,160 | 19,988 | 20,430
Amortization of intangibles | 664 | 665 | 665
Depreciation expense | 8,263 | 9,053 | 8,553
Other operating expenses | 205,219 | 182,154 | 170,042
Income tax expense | 19,164 | 25,294 | 191,749
Net income (loss) from continuing operations | 55,292 | 77,517 | (147,577)
Segment assets | $ 10,056,316 | $ 9,381,636 | $ 9,168,256

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