XML 179 R163.htm IDEA: XBRL DOCUMENT v3.22.1
Income taxes - Components of deferred tax assets and liabilities (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Deferred tax assets:    
Tax credits available for carryforward $ 3,042 $ 3,042
Net operating loss and other carryforward available 780,767 777,495
Postretirement and pension benefits 54,701 57,002
Deferred loan origination fees/cost 245 2,788
Allowance for credit losses 259,582 265,372
Deferred gains   1,642
Accelerated depreciation 12,596 12,668
FDIC-assisted transaction 152,665 152,665
Intercompany deferred gains 1,739  
Lease liability 54,148 55,105
Unrealized net gain on trading and available-for-sale securities 148,594  
Difference in outside basis from pass-through entities 52,251 54,781
Other temporary differences 44,927 46,930
Total gross deferred tax assets 1,565,257 1,429,490
Deferred tax liabilities:    
Indefinite-lived intangibles 129,479 127,785
Unrealized net gain (loss) on trading and available-for-sale securities   7,146
Right of use assets 48,413 49,307
Deferred loan origination fees/cost 3,635 3,567
Other temporary differences 45,609 45,386
Total gross deferred tax liabilities 227,136 233,191
Valuation allowance 562,896 539,527
Net deferred tax asset 775,225 656,772
PR    
Deferred tax assets:    
Tax credits available for carryforward 261 261
Net operating loss and other carryforward available 117,016 112,331
Postretirement and pension benefits 54,701 57,002
Deferred loan origination fees/cost 245 2,788
Allowance for credit losses 228,627 233,500
Deferred gains   1,642
Accelerated depreciation 5,246 5,246
FDIC-assisted transaction 152,665 152,665
Intercompany deferred gains 1,739  
Lease liability 31,292 31,211
Unrealized net gain on trading and available-for-sale securities 138,994  
Difference in outside basis from pass-through entities 52,251 54,781
Other temporary differences 36,380 38,512
Total gross deferred tax assets 819,417 689,939
Deferred tax liabilities:    
Indefinite-lived intangibles 77,467 76,635
Unrealized net gain (loss) on trading and available-for-sale securities   4,329
Right of use assets 29,103 29,025
Deferred loan origination fees/cost 0 0
Other temporary differences 44,079 43,856
Total gross deferred tax liabilities 150,649 153,845
Valuation allowance 132,449 128,557
Net deferred tax asset 536,319 407,537
US    
Deferred tax assets:    
Tax credits available for carryforward 2,781 2,781
Net operating loss and other carryforward available 663,751 665,164
Postretirement and pension benefits 0 0
Deferred loan origination fees/cost 0 0
Allowance for credit losses 30,955 31,872
Deferred gains   0
Accelerated depreciation 7,350 7,422
FDIC-assisted transaction 0 0
Intercompany deferred gains 0  
Lease liability 22,856 23,894
Unrealized net gain on trading and available-for-sale securities 9,600  
Difference in outside basis from pass-through entities 0 0
Other temporary differences 8,547 8,418
Total gross deferred tax assets 745,840 739,551
Deferred tax liabilities:    
Indefinite-lived intangibles 52,012 51,150
Unrealized net gain (loss) on trading and available-for-sale securities   2,817
Right of use assets 19,310 20,282
Deferred loan origination fees/cost 3,635 3,567
Other temporary differences 1,530 1,530
Total gross deferred tax liabilities 76,487 79,346
Valuation allowance 430,447 410,970
Net deferred tax asset $ 238,906 $ 249,235