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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 | Sep. 30, 2021 | Dec. 31, 2020 | Sep. 30, 2020 | Dec. 31, 2019
--- | --- | --- | --- | ---
Assets |  |  |  |
Debt Securities Available for sale, at fair value | $ 24,391,226 | $ 21,561,152 |  |
Mortgage servicing rights | 116,567 | 118,395 | $ 123,552 | $ 150,906
US Treasury Securities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 14,616,949 | 10,788,040 |  |
Obligations of U.S. Government sponsored entities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 71 | 60,184 |  |
Collateralized Mortgage Obligations - Federal agencies |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 250,491 | 392,132 |  |
Mortgage Backed Securities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 9,523,559 | 10,320,561 |  |
Other |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 156 | 235 |  |
Recurring |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 24,391,226 | 21,561,152 |  |
Trading account debt securities, excluding derivatives | 36,064 | 36,674 |  |
Equity securities at fair value | 30,212 | 29,590 |  |
Mortgage servicing rights | 116,567 | 118,395 |  |
Derivatives | 23,827 | 20,785 |  |
Total assets measured at fair value on a nonrecurring basis | 24,597,896 | 21,766,596 |  |
Liabilities |  |  |  |
Derivatives | (20,879) | (18,925) |  |
Total | (20,879) | (18,925) |  |
Recurring | US Treasury Securities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 14,616,949 | 10,788,040 |  |
Trading account debt securities, excluding derivatives | 10,780 | 11,506 |  |
Recurring | Obligations of U.S. Government sponsored entities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 71 | 60,184 |  |
Recurring | Obligations of Puerto Rico, States and political subdivisions |  |  |  |
Assets |  |  |  |
Trading account debt securities, excluding derivatives | 82 | 103 |  |
Recurring | Collateralized Mortgage Obligations - Federal agencies |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 250,491 | 392,132 |  |
Recurring | CMO |  |  |  |
Assets |  |  |  |
Trading account debt securities, excluding derivatives | 281 | 346 |  |
Recurring | Mortgage Backed Securities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 9,523,559 | 10,320,561 |  |
Trading account debt securities, excluding derivatives | 24,569 | 24,338 |  |
Recurring | Other |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 156 | 235 |  |
Trading account debt securities, excluding derivatives | 352 | 381 |  |
Recurring | Level 1 |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 799,972 | 3,499,781 |  |
Trading account debt securities, excluding derivatives | 10,780 | 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 | 810,752 | 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 | 799,972 | 3,499,781 |  |
Trading account debt securities, excluding derivatives | 10,780 | 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 | 23,590,371 | 18,060,357 |  |
Trading account debt securities, excluding derivatives | 24,712 | 24,509 |  |
Equity securities at fair value | 30,212 | 29,590 |  |
Mortgage servicing rights | 0 | 0 |  |
Derivatives | 23,827 | 20,785 |  |
Total assets measured at fair value on a nonrecurring basis | 23,669,122 | 18,135,241 |  |
Liabilities |  |  |  |
Derivatives | (20,879) | (18,925) |  |
Total | (20,879) | (18,925) |  |
Recurring | Level 2 | US Treasury Securities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 13,816,977 | 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 | 71 | 60,184 |  |
Recurring | Level 2 | Obligations of Puerto Rico, States and political subdivisions |  |  |  |
Assets |  |  |  |
Trading account debt securities, excluding derivatives | 82 | 103 |  |
Recurring | Level 2 | Collateralized Mortgage Obligations - Federal agencies |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 250,491 | 392,132 |  |
Recurring | Level 2 | CMO |  |  |  |
Assets |  |  |  |
Trading account debt securities, excluding derivatives | 61 | 68 |  |
Recurring | Level 2 | Mortgage Backed Securities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 9,522,676 | 10,319,547 |  |
Trading account debt securities, excluding derivatives | 24,569 | 24,338 |  |
Recurring | Level 2 | Other |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 156 | 235 |  |
Trading account debt securities, excluding derivatives | 0 | 0 |  |
Recurring | Level 3 |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 883 | 1,014 |  |
Trading account debt securities, excluding derivatives | 572 | 659 |  |
Equity securities at fair value | 0 | 0 |  |
Mortgage servicing rights | 116,567 | 118,395 |  |
Derivatives | 0 | 0 |  |
Total assets measured at fair value on a nonrecurring basis | 118,022 | 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 | 220 | 278 | 410 |
Recurring | Level 3 | Mortgage Backed Securities |  |  |  |
Assets |  |  |  |
Debt Securities Available for sale, at fair value | 883 | 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 | $ 352 | $ 381 | $ 413 |

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