Commitments and contingencies (Tables) |
3 Months Ended |
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Mar. 31, 2025 | |
Commitments and Contingencies Disclosure | |
Financial Instruments with Off-Balance Sheet Credit Risk, Whose Contract Amounts Represent Potential Credit Risk | Financial instruments periods presented were as follows: (In thousands) March 31, 2025 December 31, 2024 Commitments to extend credit: Credit card lines $ 6,141,536 $ 5,599,823 Commercial lines of credit 4,129,068 3,971,331 Construction lines of credit 1,066,986 1,131,824 Other consumer unused credit commitments 262,988 260,121 Commercial letters of credit 7,553 5,002 Standby letters of credit 117,379 144,845 Commitments to originate or fund mortgage loans 40,308 29,604 |
Direct exposure to the Puerto Rico government by maturity | The following table details the according to their maturities as of March 31, 2025 (In thousands) Investment Portfolio Loans Total Outstanding Total Exposure Central Government Within 1 year $ 45 $ - $ 45 $ 45 Total Central Government 45 - 45 45 Municipalities Within 1 year 2,540 12,764 15,304 15,304 After 1 to 5 years 7,885 147,033 154,918 154,918 After 5 to 10 years 655 146,732 147,387 147,387 After 10 years - 44,582 44,582 44,582 Total Municipalities 11,080 351,111 362,191 362,191 Total Direct Government Exposure $ 11,125 $ 351,111 $ 362,236 $ 362,236 |