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Goodwill and other intangible assets (Tables) | 12 Months Ended
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Dec. 31, 2021
Goodwill and Intangible Assets Disclosure |
Components of Other Intangible Assets Subject to Amortization | The following table reflects the components of other intangible assets subject to amortization:
|  |  | Gross |  |  |  | Net
|  |  | Carrying |  | Accumulated |  | Carrying
(In thousands) |  | Amount |  | Amortization |  | Value
December 31, 2021 |  |  |  |  |  |  |  |  |
| Core deposits |  | $ | 12,810 |  | $ | 8,754 |  | $ | 4,056
| Other customer relationships |  |  | 14,286 |  |  | 2,883 |  |  | 11,403
Total other intangible assets |  | $ | 27,096 |  | $ | 11,637 |  | $ | 15,459
December 31, 2020 |  |  |  |  |  |  |  |  |
| Core deposits |  | $ | 12,810 |  | $ | 7,473 |  | $ | 5,337
| Other customer relationships |  |  | 26,397 |  |  | 15,684 |  |  | 10,713
| Trademark |  |  | 488 |  |  | 236 |  |  | 252
Total other intangible assets |  | $ | 39,695 |  | $ | 23,393 |  | $ | 16,302
Estimated Amortization of the Intangible Assets with Definite Useful Lives | The following table presents the estimated amortization of the intangible assets with definite useful lives for each of the following periods:
(In thousands) |  |
Year 2022 | $ | 3,299
Year 2023 |  | 3,179
Year 2024 |  | 2,938
Year 2025 |  | 1,750
Year 2026 |  | 1,416
Later years |  | 2,877
Goodwill and accumulated impairment losses by reportable segments | The changes in the carrying amount of goodwill for the year ended December 31, 2021, allocated by reportable segments, were as follows (refer to Note 37 for the definition of the Corporation’s reportable segments):
2021
| Balance at | Goodwill on | Balance at
(In thousands) | January 1, 2021 | acquisition | December 31,2021
Banco Popular de Puerto Rico | $ | 320,248 | $ | - | $ | 320,248
Popular U.S. |  | 350,874 |  | 49,171 |  | 400,045
Total Popular, Inc. | $ | 671,122 | $ | 49,171 | $ | 720,293
The following tables present the gross amount of goodwill and accumulated impairment losses by reportable segments.
December 31, 2021
| Balance at |  |  | Balance at
| December 31, | Accumulated | December 31,
| 2021 | impairment | 2021
(In thousands) | (gross amounts) | losses | (net amounts)
Banco Popular de Puerto Rico | $ | 324,049 | $ | 3,801 | $ | 320,248
Popular U.S. |  | 564,456 |  | 164,411 |  | 400,045
Total Popular, Inc. | $ | 888,505 | $ | 168,212 | $ | 720,293
December 31, 2020
| Balance at |  |  | Balance at
| December 31, | Accumulated | December 31,
| 2020 | impairment | 2020
(In thousands) | (gross amounts) | losses | (net amounts)
Banco Popular de Puerto Rico | $ | 324,049 | $ | 3,801 | $ | 320,248
Popular U.S. |  | 515,285 |  | 164,411 |  | 350,874
Total Popular, Inc. | $ | 839,334 | $ | 168,212 | $ | 671,122

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