Commitments and contingencies (Tables)

6 Months Ended

Jun. 30, 2026

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)	June 30, 2026	December 31, 2025
Commitments to extend credit:
Credit card lines	$7,001,118	$6,415,208
Commercial lines of credit	4,359,079	4,257,505
Construction lines of credit	1,068,649	1,197,319
Other consumer unused credit commitments	290,569	277,635
Commercial letters of credit	8,957	21,248
Standby letters of credit	134,686	111,554
Commitments to originate or fund mortgage loans	21,709	20,099

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 June 30, 2026:


(In thousands)	Investment Portfolio	Loans	Total Outstanding	Total Exposure
Central Government
Within 1 year	$42	$-	$42	$47,442
Total Central Government	42	-	42	47,442
Municipalities
Within 1 year	2,720	11,574	14,294	16,294
After 1 to 5 years	3,910	126,585	130,495	130,495
After 5 to 10 years	450	238,424	238,874	238,874
After 10 years	-	30,991	30,991	30,991
Total Municipalities	7,080	407,574	414,654	416,654
Total Direct Government Exposure	$7,122	$407,574	$414,696	$464,096