Company: BOH
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000046195-25-000037
Chunk: 126

Company: BANK OF HAWAII CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 8
Chunk 126
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 the Company expects to realize a loss on the sale of certain securities during the quarter ending December 31, 2025 that is expected to range from $16 million to $17 million.Substantially all of the Company’s HTM debt securities are issued by U.S. government agencies or U.S. government-sponsored enterprises. These securities carry the explicit and/or implicit guarantee of the U.S. government and have a long history of zero credit loss. Therefore, the Company did not record an allowance for credit losses for these securities as of September 30, 2025 and December 31, 2024.Interest income from taxable and non-taxable investment securities for the three and nine months ended September 30, 2025 and 2024 were as follows:Three Months Ended September 30,Nine Months Ended September 30,(dollars in thousands)2025202420252024Taxable$48,511 $44,068 $139,175 $130,724 Non-Taxable523 296 1,360 596 Total Interest Income from Investment Securities$49,034 $44,364 $140,535 $131,320 

Note 3.  Loans and Leases and the Allowance for Credit Losses

Loans and LeasesThe Company’s loan and lease portfolio was comprised of the following as of September 30, 2025 and December 31, 2024:(dollars in thousands)September 30, 2025December 31, 2024CommercialCommercial Mortgage$4,040,711 $4,020,622 Commercial and Industrial1,581,232 1,705,133 Construction380,944 308,898 Lease Financing92,213 90,756 Total Commercial6,095,100 6,125,409 ConsumerResidential Mortgage4,685,214 4,628,283 Home Equity2,129,599 2,165,514 Automobile699,244 764,146 Other412,422 392,628 Total Consumer7,926,479 7,950,571 Total Loans and Leases$14,021,579 $14,075,980 The majority of the Company’s lending activity is with customers located within the State of Hawai‘i. A substantial portion of the Company’s real estate loans are secured by real estate located within the State of Hawai‘i.The Company