BPOP 10-Q Quarterly Report June 30, 2020

POPULAR INC

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PROXIES

DEF 14A	Filed on March 27, 2024
DEF 14A	Filed on March 29, 2023
DEF 14A	Filed on March 30, 2022
DEF 14A	Filed on March 25, 2021
DEF 14A	Filed on March 31, 2020
DEF 14A	Filed on March 20, 2019
DEF 14A	Filed on March 21, 2018
DEF 14A	Filed on March 9, 2017
DEF 14A	Filed on March 9, 2016
DEF 14A	Filed on March 12, 2015
DEF 14A	Filed on March 20, 2014
DEF 14A	Filed on March 15, 2013
DEF 14A	Filed on March 12, 2012
DEF 14A	Filed on March 11, 2011
DEF 14A	Filed on March 15, 2010

TABLE OF CONTENTS

Part I Financial Information Item 1. Financial Statements Item 2. Management S Discussion and Analysis Of Financial Condition and Item 3. Quantitative and Qualitative Disclosures About Market Risk 180 Item 3. Quantitative and Qualitative Disclosures About Market Risk Item 4. Controls and Procedures 180 Item 4. Controls and Procedures Part II Other Information Item 1. Legal Proceedings 182 Item 1. Legal Proceedings Item 1A. Risk Factors 182 Item 1A. Risk Factors Item 2. Unregistered Sales Of Equity Securities and Use Of Proceeds 185 Item 2. Unregistered Sales Of Equity Securities and Use Of Proceeds Item 3. Defaults Upon Senior Securities 186 Item 3. Defaults Upon Senior Securities Item 4. Mine Safety Disclosures 186 Item 4. Mine Safety Disclosures Item 5. Other Information 186 Item 5. Other Information Item 6. Exhibits 186 Item 6. Exhibits Note 1 - Nature Of Operations 14 Note 2 - Basis Of Presentation 15 Note 3 - New Accounting Pronouncements 16 Note 4 - Summary Of Significant Accounting Policies 21 Note 5 - Restrictions on Cash and Due From Banks and Certain Securities 24 Note 6 - Debt Securities Available-for-sale 25 Note 7 - Debt Securities Held-to-maturity 28 Note 8 - Loans 31 Note 9 - Allowance For Credit Losses Loans Held-in-portfolio 40 Note 10 - Mortgage Banking Activities 61 Note 11 - Transfers Of Financial Assets and Mortgage Servicing Assets 62 Note 12 - Other Real Estate Owned 66 Note 13 - Other Assets 67 Note 14 - Goodwill and Other Intangible Assets 68 Note 15 - Deposits 71 Note 16 - Borrowings 72 Note 17 - Other Liabilities 74 Note 18 - Stockholders Equity 75 Note 19 - Other Comprehensive Loss 76 Note 20 - Guarantees 78 Note 21 - Commitments and Contingencies 80 Note 22- Non-consolidated Variable Interest Entities 87 Note 23 - Related Party Transactions 89 Note 24 - Fair Value Measurement 92 Note 25 - Fair Value Of Financial Instruments 99 Note 26 - Net Income Per Common Share 102 Note 27 - Revenue From Contracts with Customers 103 Note 28 - Leases 105 Note 29 - Pension and Postretirement Benefits 107 Note 30 - Stock-based Compensation 108 Note 31 - Income Taxes 110 Note 32 - Supplemental Disclosure on The Consolidated Statements Of Cash Flows 114 Note 33 - Segment Reporting 115 Note 34 - Condensed Consolidating Financial Information Of Guarantor and Issuers Of Registered Guaranteed Securities 121 Note 1 Nature Of Operations Note 2 Basis Of Presentation Note 3 - New Accounting Pronouncements Note 4 Summary Of Significant Accounting Policies Note 5 - Restrictions on Cash and Due From Banks and Certain Securities Note 6 Debt Securities Available-for-sale Note 7 Debt Securities Held-to-maturity Note 8 Loans Note 9 Allowance For Credit Losses Loans Held-in-portfolio Note 10 Mortgage Banking Activities Note 11 Transfers Of Financial Assets and Mortgage Servicing Assets Note 12 Other Real Estate Owned Note 13 Other Assets Note 14 Goodwill and Other Intangible Assets Note 15 Deposits Note 16 Borrowings Note 17 Other Liabilities Note 18 Stockholders Equity Note 19 Other Comprehensive Income (loss)Note 20 Guarantees Note 21 Commitments and Contingencies Note 22 Non-consolidated Variable Interest Entities Note 23 Related Party Transactions Note 24 Fair Value Measurement Note 25 Fair Value Of Financial Instruments Note 26 Net Income Per Common Share Note 27 Revenue From Contracts with Customers Note 28 Leases Note 29 Pension and Postretirement Benefits Note 30 - Stock-based Compensation Note 31 Income Taxes Note 32 Supplemental Disclosure on The Consolidated Statements Of Cash Flows Note 33 Segment Reporting Note 34 Condensed Consolidating Financial Information Of Guarantor and Issuers Of Registered Guaranteed Securities Item 2. Management's Discussion and Analysis Of Financial Condition and Results Of Operations Part II - Other Information

Exhibits

3.1 Restated Certificate of Incorporation of Popular, Inc.(1) 10.1 Popular, Inc. 2020 Omnibus Incentive Plan (incorporated by reference to Exhibit 4.4 of Popular, Inc.s Form S-8 filed on May 12, 2020). 10.2 Form of Director Compensation Election Form and Restricted Stock Unit Award Agreement, effective May 12, 2020 (1) 31.1 Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002(1) 31.2 Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002(1) 32.1 Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002(1) 32.2 Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002(1)

Supplier name	Ticker
Visa Inc.	V
Cisco Systems, Inc.	CSCO
Fidelity National Information Services, Inc.	FIS
International Business Machines Corporation	IBM
Bank of America Corporation	BAC
Adobe Inc.	ADBE
American Express Company	AXP
Mastercard Incorporated	MA

BPOP 10-Q Quarter ended June 30, 2020

Exhibits