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v3.21.2

Fair value measurement - Assets and liabilities measured at fair value on a recurring basis (Details) - USD ($) $ in Thousands | Jun. 30, 2021 | Dec. 31, 2020 | Jun. 30, 2020 | Dec. 31, 2019
--- | --- | --- | --- | ---
Assets |  |  |  |
Debt Securities Available for sale, at fair value | $ 22,335,167 | $ 21,561,152 |  |
Mortgage servicing rights | 119,467 | 118,395 | $ 141,144 | $ 150,906
US Treasury Securities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 11,979,314 | 10,788,040 |  |
Obligations of U.S. Government sponsored entities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 90 | 60,184 |  |
Collateralized Mortgage Obligations - Federal agencies |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 282,922 | 392,132 |  |
Mortgage Backed Securities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 10,072,665 | 10,320,561 |  |
Other |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 176 | 235 |  |
Recurring |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 22,335,167 | 21,561,152 |  |
Trading account debt securities, excluding derivatives | 35,931 | 36,674 |  |
Equity securities at fair value | 33,781 | 29,590 |  |
Mortgage servicing rights | 119,467 | 118,395 |  |
Derivatives | 23,573 | 20,785 |  |
Total assets measured at fair value on a nonrecurring basis | 22,547,919 | 21,766,596 |  |
Liabilities |  |  |  |
Derivatives | (20,960) | (18,925) |  |
Total | (20,960) | (18,925) |  |
Recurring | US Treasury Securities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 11,979,314 | 10,788,040 |  |
Trading account debt securities, excluding derivatives | 10,060 | 11,506 |  |
Recurring | Obligations of U.S. Government sponsored entities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 90 | 60,184 |  |
Recurring | Obligations of Puerto Rico, States and political subdivisions |  |  |  |
Assets |  |  |  |
Trading account debt securities, excluding derivatives | 96 | 103 |  |
Recurring | Collateralized Mortgage Obligations - Federal agencies |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 282,922 | 392,132 |  |
Recurring | CMO |  |  |  |
Assets |  |  |  |
Trading account debt securities, excluding derivatives | 314 | 346 |  |
Recurring | Mortgage Backed Securities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 10,072,665 | 10,320,561 |  |
Trading account debt securities, excluding derivatives | 25,100 | 24,338 |  |
Recurring | Other |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 176 | 235 |  |
Trading account debt securities, excluding derivatives | 361 | 381 |  |
Recurring | Level 1 |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 399,994 | 3,499,781 |  |
Trading account debt securities, excluding derivatives | 10,060 | 11,506 |  |
Equity securities at fair value | 0 | 0 |  |
Mortgage servicing rights | 0 | 0 |  |
Derivatives | 0 | 0 |  |
Total assets measured at fair value on a nonrecurring basis | 410,054 | 3,511,287 |  |
Liabilities |  |  |  |
Derivatives | 0 | 0 |  |
Total | 0 | 0 |  |
Recurring | Level 1 | US Treasury Securities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 399,994 | 3,499,781 |  |
Trading account debt securities, excluding derivatives | 10,060 | 11,506 |  |
Recurring | Level 1 | Obligations of U.S. Government sponsored entities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 0 | 0 |  |
Recurring | Level 1 | Obligations of Puerto Rico, States and political subdivisions |  |  |  |
Assets |  |  |  |
Trading account debt securities, excluding derivatives | 0 | 0 |  |
Recurring | Level 1 | Collateralized Mortgage Obligations - Federal agencies |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 0 | 0 |  |
Recurring | Level 1 | CMO |  |  |  |
Assets |  |  |  |
Trading account debt securities, excluding derivatives | 0 | 0 |  |
Recurring | Level 1 | Mortgage Backed Securities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 0 | 0 |  |
Trading account debt securities, excluding derivatives | 0 | 0 |  |
Recurring | Level 1 | Other |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 0 | 0 |  |
Trading account debt securities, excluding derivatives | 0 | 0 |  |
Recurring | Level 2 |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 21,934,235 | 18,060,357 |  |
Trading account debt securities, excluding derivatives | 25,260 | 24,509 |  |
Equity securities at fair value | 33,781 | 29,590 |  |
Mortgage servicing rights | 0 | 0 |  |
Derivatives | 23,573 | 20,785 |  |
Total assets measured at fair value on a nonrecurring basis | 22,016,849 | 18,135,241 |  |
Liabilities |  |  |  |
Derivatives | (20,960) | (18,925) |  |
Total | (20,960) | (18,925) |  |
Recurring | Level 2 | US Treasury Securities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 11,579,320 | 7,288,259 |  |
Trading account debt securities, excluding derivatives | 0 | 0 |  |
Recurring | Level 2 | Obligations of U.S. Government sponsored entities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 90 | 60,184 |  |
Recurring | Level 2 | Obligations of Puerto Rico, States and political subdivisions |  |  |  |
Assets |  |  |  |
Trading account debt securities, excluding derivatives | 96 | 103 |  |
Recurring | Level 2 | Collateralized Mortgage Obligations - Federal agencies |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 282,922 | 392,132 |  |
Recurring | Level 2 | CMO |  |  |  |
Assets |  |  |  |
Trading account debt securities, excluding derivatives | 64 | 68 |  |
Recurring | Level 2 | Mortgage Backed Securities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 10,071,727 | 10,319,547 |  |
Trading account debt securities, excluding derivatives | 25,100 | 24,338 |  |
Recurring | Level 2 | Other |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 176 | 235 |  |
Trading account debt securities, excluding derivatives | 0 | 0 |  |
Recurring | Level 3 |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 938 | 1,014 |  |
Trading account debt securities, excluding derivatives | 611 | 659 |  |
Equity securities at fair value | 0 | 0 |  |
Mortgage servicing rights | 119,467 | 118,395 |  |
Derivatives | 0 | 0 |  |
Total assets measured at fair value on a nonrecurring basis | 121,016 | 120,068 |  |
Liabilities |  |  |  |
Derivatives | 0 | 0 |  |
Total | 0 | 0 |  |
Recurring | Level 3 | US Treasury Securities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 0 | 0 |  |
Trading account debt securities, excluding derivatives | 0 | 0 |  |
Recurring | Level 3 | Obligations of U.S. Government sponsored entities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 0 | 0 |  |
Recurring | Level 3 | Obligations of Puerto Rico, States and political subdivisions |  |  |  |
Assets |  |  |  |
Trading account debt securities, excluding derivatives | 0 | 0 |  |
Recurring | Level 3 | Collateralized Mortgage Obligations - Federal agencies |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 0 | 0 |  |
Recurring | Level 3 | CMO |  |  |  |
Assets |  |  |  |
Trading account debt securities, excluding derivatives | 250 | 278 | 442 |
Recurring | Level 3 | Mortgage Backed Securities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 938 | 1,014 |  |
Trading account debt securities, excluding derivatives | 0 | 0 |  |
Recurring | Level 3 | Other |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 0 | 0 |  |
Trading account debt securities, excluding derivatives | $ 361 | $ 381 | $ 423 |

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