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Deposits	12 Months Ended
	Dec. 31, 2023
Deposits [Abstract]
Deposits	Note 16 – Deposits Total deposits as of the end of the periods presented consisted of: (In thousands) December 31, 2023 December 31, 2022 Savings accounts $ 14,602,411 $ 14,746,329 NOW, money market and other interest bearing demand deposits 25,094,316 23,738,940 Total savings, NOW, money market and other interest bearing demand deposits 39,696,727 38,485,269 Certificates of deposit: Under $250,000 5,443,062 4,235,651 $250,000 and over 3,058,830 2,545,750  Total certificates of deposit 8,501,892 6,781,401 Total interest bearing deposits $ 48,198,619 $ 45,266,670 Non- interest bearing deposits $ 15,419,624 $ 15,960,557 Total deposits $ 63,618,243 $ 61,227,227 A summary of certificates of deposits by maturity at December 31, 2023 follows: (In thousands) 2024 $ 5,440,688 2025 1,136,539 2026 809,921 2027 391,601 2028 642,747 2029 and thereafter 80,396 Total certificates of deposit $ 8,501,892 At December 31, 2023, the Corporation had brokered deposits amounting to $ 1.7  billion (December 31, 2022 - $ 1.1  billion). The aggregate amount of overdrafts in demand deposit accounts that were reclassified to loans was $ 9.1  million at December 31, 2023 (December 31, 2022 - $ 6.3  million). At December 31, 2023, Puerto Rico public sector deposits amounted to $ 18.1  billion. Puerto Rico public sector deposits are interest bearing accounts. These public funds deposits are indexed to short-term market rates and fluctuate in cost with changes in those rates, in accordance with contractual terms. Public deposit balances are difficult to predict. For example, the receipt by the Puerto Rico Government of hurricane recovery related Federal assistance and seasonal tax collections could increase public deposit balances at BPPR. On the other hand, the amount and timing of reductions in balances are likely to be impacted by, for example, the speed at which federal assistance is distributed, the financial condition, liquidity and cash management practices of the Puerto Rico Government and its instrumentalities and the implementation of fiscal and debt adjustment plans approved pursuant to PROMESA or other actions mandated by the Fiscal Oversight and Management Board for Puerto Rico (the “Oversight Board”). Generally, these deposits require that the bank pledge high credit quality securities as collateral, therefore, liquidity risk arising from public sector deposit outflows are lower.

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- Definition

The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 405
-Topic 942
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481047/942-405-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-K (SK)
-Number 229
-Section 1406
-Paragraph (e)
-Publisher SEC

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-K (SK)
-Number 229
-Section 1406
-Publisher SEC

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03.12)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1

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- References

No definition available.

+ Details

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