Company: BOH
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0001628280-25-036240
Chunk: 51

Company: BANK OF HAWAII CORP
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 1
Chunk 51
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atives are recognized on the Company's unaudited consolidated statements of condition at fair value.

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The following table presents the Company’s derivative financial instruments and the amount and location of the net gains or losses recognized in the unaudited consolidated statements of income for the three and six months ended June 30, 2025 and 2024:Location of Net Gains (Losses) Recognized in the Statements of IncomeThree Months Ended June 30,Six Months Ended June 30,(dollars in thousands)2025202420252024Derivatives designated as hedging instrumentsRecognized on Interest Rate Swap AgreementsInterest Income on Investment Securities Available-for-Sale$(1,828)$3,082 $(7,490)$19,975 Recognized on Hedged ItemInterest Income on Investment Securities Available-for-Sale1,823 (3,145)7,497 (20,147)Net Cash SettlementsInterest Income on Investment Securities Available-for-Sale(20)2,736 (22)5,457 Recognized on Interest Rate Swap AgreementsInterest and Fees on Loans and Leases(3,447)4,222 (11,826)26,824 Recognized on Hedged ItemInterest and Fees on Loans and Leases3,417 (4,308)11,789 (27,060)Net Cash SettlementsInterest and Fees on Loans and Leases1,976 3,367 3,509 6,715 Derivatives not designated as hedging instrumentsInterest Rate Lock CommitmentsMortgage Banking52 122 252 245 Forward CommitmentsMortgage Banking31 119 (4)215 Interest Rate Swap AgreementsOther Noninterest Income9 10 (10)53 Conversion Rate Swap AgreementsInvestment Securities Gains (Losses), Net15 — (563)— Total$2,028 $6,205 $3,132 $12,277 The following amounts were recorded on the unaudited consolidated statements of condition related to the cumulative basis adjustment for fair value hedges as of June 30, 2025 and December 31, 2024:Line Item in the Unaudited Consolidated Statements of ConditionCarrying Amount of the Hedged AssetsCumulative Amount of Fair Value Hedging Adjustment Included In the Carrying Amount of the Hedged Assets(dollars in thousands)June 30, 2025December 31,