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Deposits
6 Months Ended
Jun. 30, 2025
Deposits [Abstract]  
Deposits
Note 14 – Deposits
Total deposits as of the end of the periods presented consisted of:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
June 30, 2025
December 31, 2024
Savings accounts
$
14,337,808
$
14,224,271
NOW, money market and other interest
 
-bearing demand deposits
28,166,283
26,507,637
Total savings, NOW,
 
money market and other interest-bearing demand deposits
42,504,091
40,731,908
Certificates of deposit:
Under $250,000
5,580,334
5,383,331
$250,000 and over
4,018,452
3,629,551
 
Total certificates
 
of deposit
9,598,786
9,012,882
Total interest-bearing
 
deposits
$
52,102,877
$
49,744,790
Non- interest-bearing deposits
$
15,114,614
$
15,139,555
Total deposits
$
67,217,491
$
64,884,345
A summary of certificates of deposits by maturity at
 
June 30, 2025 follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
2025
$
4,645,684
2026
2,633,316
2027
823,872
2028
666,327
2029
446,123
2030 and thereafter
383,464
Total certificates of
 
deposit
$
9,598,786
At June 30, 2025, the Corporation had brokered
 
deposits amounting to $
1.7
 
billion (December 31, 2024 - $
1.6
 
billion).
The aggregate amount
 
of overdrafts in
 
demand deposit accounts that
 
were reclassified to
 
loans was $
6.4
 
million at June
 
30, 2025
(December 31, 2024 - $
10.4
 
million).
At
 
June
 
30,
 
2025,
 
Puerto
 
Rico
 
government
 
deposits
 
amounted
 
to
 
$
20.9
 
billion.
 
Puerto
 
Rico
 
government
 
deposits
 
are
 
interest
bearing accounts, which are indexed to short-term market
 
rates and fluctuate in cost with changes in those rates, in accordance
 
with
contractual terms.