Income taxes (Tables) |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Components of Deferred Tax Assets and Liabilities | March 31, 2026 PR US Total Deferred tax assets: Tax credits available $ 7,318 $ 54,154 $ 61,472 Net operating loss and other carryforward available 63,350 554,936 618,286 Postretirement and pension benefits 30,200 - 30,200 Allowance for credit losses 337,923 29,096 367,019 Depreciation 8,528 7,996 16,524 FDIC-assisted transaction 152,665 - 152,665 Lease liability 31,943 18,607 50,550 Unrealized net loss on investment securities 158,885 14,038 172,923 Mortgage Servicing Rights 15,413 - 15,413 Other temporary differences 33,150 7,515 40,665 Total gross deferred 839,375 686,342 1,525,717 Deferred tax liabilities: Intangibles 96,278 56,545 152,823 Right of use assets 29,162 16,922 46,084 Deferred loan origination fees/cost 18,941 2,278 21,219 Loans acquired 17,132 - 17,132 Other temporary differences 9,241 429 9,670 Total gross deferred 170,754 76,174 246,928 Valuation allowance 81,702 386,586 468,288 Net deferred tax asset $ 586,919 $ 223,582 $ 810,501 PR US Total Deferred tax assets: Tax credits available $ 7,318 $ 46,632 $ 53,950 Net operating loss and other carryforward available 59,578 568,156 627,734 Postretirement and pension benefits 29,453 - 29,453 Allowance for credit losses 255,017 28,465 283,482 Deferred loan origination fees/cost 7,205 (2,474) 4,731 Depreciation 8,422 7,899 16,321 FDIC-assisted transaction 152,665 - 152,665 Lease liability 27,382 17,758 45,140 Unrealized net loss on investment securities 160,809 12,850 173,659 Difference in outside basis from pass-through entities 54,457 - 54,457 Mortgage Servicing Rights 15,375 - 15,375 Other temporary differences 26,347 7,586 33,933 Total gross deferred 804,028 686,872 1,490,900 Deferred tax liabilities: Intangibles 92,797 55,760 148,557 Right of use assets 24,846 15,875 40,721 Loans acquired 17,053 - 17,053 Other temporary differences 7,082 429 7,511 Total gross deferred 141,778 72,064 213,842 Valuation allowance 78,153 386,587 464,740 Net deferred tax asset $ 584,097 $ 228,221 $ 812,318 |