XML 110 R64.htm IDEA: XBRL DOCUMENT
v3.20.4

Borrowings (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Debt Instrument [Domain] |
Schedule of Repurchase Agreements |
|  | December 31, 2020 | December 31, 2019
|  |  |  | Repurchase liability |  |  | Repurchase liability
|  |  | Repurchase | weighted average |  | Repurchase | weighted average
(Dollars in thousands) |  | liability | interest rate |  | liability | interest rate
U.S. Treasury securities |  |  |  |  |  |  |  |
| Within 30 days | $ | 67,157 | 1.16 | % | $ | 88,646 | 2.59 | %
| After 30 to 90 days |  | 39,318 | 1.20 |  |  | 78,061 | 2.36 |
| After 90 days |  | 9,979 | 0.33 |  |  | 24,538 | 2.52 |
Total U.S. Treasury securities |  | 116,454 | 1.10 |  |  | 191,245 | 2.49 |
Mortgage-backed securities |  |  |  |  |  |  |  |
| Within 30 days |  | 3,778 | 0.28 |  |  | 1,235 | 0.30 |
| After 30 to 90 days |  | 268 | 1.50 |  |  | - | - |
Total mortgage-backed securities |  | 4,046 | 0.36 |  |  | 1,235 | 0.30 |
Collateralized mortgage obligations |  |  |  |  |  |  |  |
| Within 30 days |  | 803 | 0.24 |  |  | 898 | 0.24 |
Total collateralized mortgage obligations |  | 803 | 0.24 |  |  | 898 | 0.24 |
Total | $ | 121,303 | 1.07 | % | $ | 193,378 | 2.46 | %
Notes Payable |
(In thousands) | December 31, 2020 |  | December 31, 2019
Advances with the FHLB with maturities ranging from 2021 through 2029 paying interest at monthly fixed rates ranging from 0.39% to 4.19% (2019 - 1.14% to 4.19%) | $ | 542,469 |  | $ | 421,399
Advances with the FRB maturing on 2022 paying interest at annual fixed rate of 0.35% |  | 1,009 |  |  | -
Unsecured senior debt securities maturing on 2023 paying interest semiannually at a fixed rate of 6.125%, net of debt issuance costs of $3,426 (2019 - $4,693) |  | 296,574 |  |  | 295,307
Junior subordinated deferrable interest debentures (related to trust preferred securities) with maturities ranging from 2033 to 2034 with fixed interest rates ranging from 6.125% to 6.7%, net of debt issuance costs of $369 (2019 - $396) |  | 384,929 |  |  | 384,902
Total notes payable | $ | 1,224,981 |  | $ | 1,101,608
Maturity distribution of debt securities |
|  | Assets sold under |  |  |  |
(In thousands) |  | agreements to repurchase |  |  | Notes payable | Total
2021 | $ | 121,303 |  | $ | 50,040 | $ | 171,343
2022 |  | - |  |  | 104,156 |  | 104,156
2023 |  | - |  |  | 339,835 |  | 339,835
2024 |  | - |  |  | 91,944 |  | 91,944
2025 |  | - |  |  | 139,920 |  | 139,920
Later years |  | - |  |  | 499,086 |  | 499,086
Total borrowings | $ | 121,303 |  | $ | 1,224,981 | $ | 1,346,284
Federal Funds Purchased And Securities Sold Under Agreements To Repurchase |
Schedule Of Maximum Aggregate Balance Average Aggregate Balance And Weighted Average Interest Rate [Text Block] |
Assets sold under agreements to repurchase: |  |  |  |  |  |
(Dollars in thousands) |  | 2020 |  |  | 2019 |
Maximum aggregate balance outstanding at any month-end | $ | 195,498 |  | $ | 281,833 |
Average monthly aggregate balance outstanding | $ | 143,718 |  | $ | 222,565 |
Weighted average interest rate: |  |  |  |  |  |
| For the year |  | 1.63 | % |  | 2.64 | %
| At December 31 |  | 1.11 | % |  | 2.50 | %
Short term borrowings |
Schedule Of Maximum Aggregate Balance Average Aggregate Balance And Weighted Average Interest Rate [Text Block] |
Other short-term borrowings: |  |  |  |  |  |
(Dollars in thousands) |  | 2020 |  |  | 2019 |
Maximum aggregate balance outstanding at any month-end | $ | 100,000 |  | $ | 160,000 |
Average monthly aggregate balance outstanding | $ | 21,557 |  | $ | 8,703 |
Weighted average interest rate: |  |  |  |  |  |
| For the year |  | 0.56 | % |  | 2.50 | %
| At December 31 |  | 0.73 | % |  | 1.85 | %

X
- Definition Tabular disclosure of borrowings by contractual maturities. + References No definition available. + Details
Name: | bpop_MaturityDistributionOfDebtSecuritiesTextBlock
Namespace Prefix: | bpop_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | bpop_ScheduleOfMaximumAggregateBalanceAverageAggregateBalanceAndWeightedAverageInterestRateTextBlock
Namespace Prefix: | bpop_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer. + References No definition available. + Details
Name: | bpop_ScheduleOfNotesPayableTableTextBlock
Namespace Prefix: | bpop_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for repurchase agreements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(m)(1)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfRepurchaseAgreements
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DebtInstrumentAxis=bpop_DebtInstrumentDomain
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=us-gaap_FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=us-gaap_ShortTermDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |