Company: BOH
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0001628280-25-036240
Chunk: 161

Company: BANK OF HAWAII CORP
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 8
Chunk 161
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 as these securities can only be redeemed or sold at their par value and only to the respective issuing government supported institution 

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or to another member institution. For financial liabilities such as noninterest-bearing demand, interest-bearing demand, and savings deposits, the carrying amount is the estimate of fair value due to these products having no stated maturity.Fair Value Measurements(dollars in thousands)Carrying AmountFair ValueQuoted Prices in Active Markets for Identical Assets or Liabilities(Level 1)Significant Other Observable Inputs(Level 2)Significant Unobservable Inputs(Level 3)June 30, 2025Financial Instruments - AssetsInvestment Securities Held-to-Maturity$4,441,353 $3,754,794 $121,178 $3,633,616 $— Loans13,700,594 13,073,565 — — 13,073,565 Financial Instruments - LiabilitiesTime Deposits3,037,995 3,028,864 — 3,028,864 — Securities Sold Under Agreements to Repurchase50,000 51,619 — 51,619 — Other Debt 1550,000 545,556 — 545,556 — December 31, 2024Financial Instruments – AssetsInvestment Securities Held-to-Maturity$4,618,543 $3,820,882 $116,941 $3,703,941 $— Loans13,777,756 12,908,626 — — 12,908,626 Financial Instruments – LiabilitiesTime Deposits3,059,575 3,050,583 — 3,050,583 — Securities Sold Under Agreements to Repurchase100,000 101,478 — 101,478 — Other Debt 1550,000 538,808 — 538,808 — 1Excludes finance lease obligations.

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Item 2. Management’s Discussion and Analysis (“MD&A”) of Financial Condition and Results of Operations

The following MD&A is intended to help the reader understand the Company and its operations and is focused on our financial results for the second quarter of 2025, including comparisons of year-to-year performance, trends, and updates from the Company’s most recent 10-K filing. Discussion and analysis of our 2024 fiscal year, as well as the year-to-year comparison