Company: BOH
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0000950170-25-031193
Chunk: 209

Company: BANK OF HAWAII CORP
Filing Date: 2025-03-04
Form: 10-K
Item: Item 7
Chunk 209
---
accrual loans as of December 31, 2024 had been accrued under the original terms, approximately $1.2 million in total interest income would have been recognized in 2024.

Loans and Leases Past Due 90 Days or More and Still Accruing Interest

Loans and leases past due 90 days or more and still accruing interest were $8.3 million as of December 31, 2024, a $1.7 million or 26% increase from the prior year. The increase was primarily in our home equity portfolio. This category includes loans and leases that are well-secured and in the process of collection, as well as loans and leases that have not reached the specified past due status to be placed on non-accrual. 

42

Reserve for Credit Losses

The reserve for credit losses consists of the Allowance and the Unfunded Reserve. Table 18 presents the activity in the Company’s reserve for credit losses for the years ended December 31:

    Reserve for Credit Losses

    Table 18

    (dollars in thousands)
     
    2024

    2023

    2022

    2021

    2020

    Balance at Beginning of Period
     
    $
    152,429

    $
    151,247

    $
    164,297

    $
    221,303

    $
    116,849

    CECL Adoption (Day 1) Impact

    —

    —

    —

    —

    (5,072
    )

    Loans and Leases Charged-Off

    Commercial

    Commercial and Industrial

    (2,609
    )

    (987
    )

    (925
    )

    (1,117
    )

    (1,697
    )

    Consumer

    Residential Mortgage

    (385
    )

    (6
    )

    (80
    )

    (316
    )

    (204
    )

    Home Equity

    (701
    )

    (82
    )

    (100
    )

    (417
    )

    (397
    )

    Automobile

    (5,342
    )

    (5,247
    )

    (4,652
    )

    (4,939
    )

    (6,496
    )

    Other

    (10,099
    )

    (