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Goodwill and other intangible assets (Tables) | 12 Months Ended
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Dec. 31, 2022
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, 2022 Core deposits $ 12,810 $ 10,034 $ 2,776 Other customer relationships 14,286 4,878 9,408 Total other intangible assets $ 27,096 $ 14,912 $ 12,184 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
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 2023 $ 3,179 Year 2024 2,938 Year 2025 1,750 Year 2026 1,440 Year 2027 959 Later years 1,918
Goodwill and accumulated impairment losses by reportable segments | The changes in the carrying amount of goodwill for the years ended December 31, 2022 and 2021, allocated by reportable segments, were as follows (refer to Note 37 for the definition of the Corporation’s reportable segments): 2022 Balance at Goodwill on Goodwill Balance at (In thousands) January 1, 2022 acquisition impairment December 31, 2022 Banco Popular de Puerto Rico $ 320,248 $ 116,135 $ - $ 436,383 Popular U.S. 400,045 - (9,000) 391,045 Total Popular, Inc. $ 720,293 $ 116,135 $ (9,000) $ 827,428 2021 Balance at Goodwill on Goodwill Balance at (In thousands) January 1, 2021 acquisition impairment 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, 2022 Balance at Balance at December 31, Accumulated December 31, 2022 impairment 2022 (In thousands) (gross amounts) losses (net amounts) Banco Popular de Puerto Rico $ 440,184 $ 3,801 $ 436,383 Popular U.S. 564,456 173,411 391,045 Total Popular, Inc. $ 1,004,640 $ 177,212 $ 827,428 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

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