v3.25.1
Commitments and contingencies (Tables)
3 Months Ended
Mar. 31, 2025
Commitments and Contingencies Disclosure  
Financial Instruments with Off-Balance Sheet Credit Risk, Whose Contract Amounts Represent Potential Credit Risk
Financial instruments
 
with off-balance
 
sheet credit
 
risk, whose
 
contract amounts
 
represent potential
 
credit risk
 
as of
 
the end of
 
the
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
 
loans and investments representing
 
the Corporation’s direct exposure
 
to the Puerto Rico government
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