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Business combination (Tables) | 12 Months Ended
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Dec. 31, 2019
Business Combinations [Abstract] |
Fair value of major classes of identifiable assets acquired and liabilities assumed |
|  | Book value prior to |  |  |  |  |  |  |  |
|  | purchase accounting |  |  | Fair value |  |  | Measurement |  | As recorded by
(In thousands) | adjustments |  |  | adjustments |  |  | period adjustments |  | Popular, Inc.
Cash consideration | $ | 1,843,256 |  | $ | - |  | $ | - |  | $ | 1,843,256
Assets: |  |  |  |  |  |  |  |  |  |  |
Loans | $ | 1,912,866 |  | $ | (126,908) | [1] | $ | 16,505 | [1] | $ | 1,802,463
Premises and equipment |  | 1,246 |  |  | - |  |  | - |  |  | 1,246
Accrued income receivable |  | 1,466 |  |  | - |  |  | - |  |  | 1,466
Other assets |  | 5,020 |  |  | - |  |  | (91) |  |  | 4,929
Trademark |  | - |  |  | 488 |  |  | - |  |  | 488
Total assets | $ | 1,920,598 |  | $ | (126,420) |  | $ | 16,414 |  | $ | 1,810,592
Liabilities: |  |  |  |  |  |  |  |  |  |  |
Other liabilities | $ | 11,164 |  | $ | - |  | $ | - |  | $ | 11,164
Total liabilities | $ | 11,164 |  | $ | - |  | $ | - |  | $ | 11,164
Net assets acquired | $ | 1,909,434 |  | $ | (126,420) |  | $ | 16,414 |  | $ | 1,799,428
Goodwill on acquisition |  |  |  |  |  |  |  |  |  | $ | 43,828
[1] | The fair value discount is comprised of $106 million related to the retail auto loans portfolio and $ 4 million related to the commercial loans portfolio.

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472 + Details
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