Company: BOH
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000046195-25-000037
Chunk: 80

Company: BANK OF HAWAII CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 80
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 elsewhere in this report.

2Interest income includes taxable-equivalent basis adjustments, based upon a federal statutory tax rate of 21%, of $1.7 million and $4.8 million for the three and nine months ended September 30, 2025, respectively, and $1.0 million and $2.5 million for the three and nine months ended September 30, 2024, respectively.

3Non-performing loans and leases are included in the respective average loan and lease balances.

47

Analysis of Change in Net Interest Income - Taxable-Equivalent BasisTable 2Three Months Ended September 30, 2025Nine Months Ended September 30, 2025Compared to September 30, 2024Compared to September 30, 2024(dollars in millions)Volume 1Rate 1TotalVolume 1Rate 1TotalChange in Interest Income:Cash and Cash Equivalents$1.0 $(1.8)$(0.8)$0.1 $(3.9)$(3.8)Investment SecuritiesAvailable-for-SaleTaxable6.8 (0.5)6.3 16.3 (2.5)13.8 Non-Taxable0.3 0.0 0.3 1.0 0.0 1.0 Held-to-MaturityTaxable(1.6)(0.2)(1.8)(5.0)(0.4)(5.4)Non-Taxable0.0 — 0.0 0.0 — 0.0 Total Investment Securities5.5 (0.7)4.8 12.3 (2.9)9.4 Loans Held for Sale(0.1)0.0 (0.1)0.0 0.0 0.0 Loans and LeasesCommercial Mortgage3.7 (1.4)2.3 11.7 (5.1)6.6 Commercial and Industrial(0.8)(1.3)(2.1)(0.6)(3.6)(4.2)Construction0.8 (0.6)0.2 2.1 (1.1)1.0 Commercial Lease Financing0.5 0.1 0.6 1.4 0