Company: BOH
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0001628280-25-036240
Chunk: 114

Company: BANK OF HAWAII CORP
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 8
Chunk 114
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 presented in a tabular format in the footnotes to the financial statements. ASU 2024-03 is effective for annual periods beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. The amendments in ASU 2024-03 should be applied on a prospective basis, although retrospective application is permitted. ASU 2024-03 is not expected to have a material impact on the Company’s financial statements.

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Table of Contents

Note 2.  Investment Securities

The amortized cost, gross unrealized gains and losses, and fair value of the Company’s investment securities as of June 30, 2025 and December 31, 2024, were as follows:(dollars in thousands)Amortized CostGross Unrealized GainsGross Unrealized LossesFair ValueJune 30, 2025Available-for-Sale:Debt Securities Issued by the U.S. Treasury and Government Agencies$248,373 $462 $(5,120)$243,715 Debt Securities Issued by States and Political Subdivisions72,943 — (6,983)65,960 Debt Securities Issued by U.S. Government-Sponsored Enterprises1,005 — (20)985 Debt Securities Issued by Corporations752,354 1,640 (25,152)728,842 Collateralized Mortgage Obligations:Residential - Government Agencies or Sponsored Enterprises1,191,950 877 (95,458)1,097,369 Commercial - Government Agencies or Sponsored Enterprises354,093 535 (22,167)332,461 Commercial - Non-Agency35,968 50 (11)36,007 Total Collateralized Mortgage Obligations1,582,011 1,462 (117,636)1,465,837 Mortgage-Backed Securities:Residential - Government Agencies or Sponsored Enterprises657,288 912 (52,035)606,165 Total Mortgage-Backed Securities657,288 912 (52,035)606,165 Total$3,313,974 $4,476 $(206,946)$3,111,504 Held-to-Maturity:Debt Securities Issued by the U.S. Treasury and Government Agencies$131,932 $— $(10,754