Company: BOH
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0000950170-25-031193
Chunk: 82

Company: BANK OF HAWAII CORP
Filing Date: 2025-03-04
Form: 10-K
Item: Item 1B
Chunk 82
---
.08
    %

    0.09
    %

    Ratio of Commercial Non-Performing Assets to   Total Commercial Loans and Leases   and Commercial Foreclosed Real Estate

    0.12
    %

    0.05
    %

    0.06
    %

    0.17
    %

    0.18
    %

    Ratio of Consumer Non-Performing Assets to   Total Consumer Loans and Leases   and Consumer Foreclosed Real Estate

    0.15
    %

    0.11
    %

    0.11
    %

    0.14
    %

    0.14
    %

    Ratio of Non-Performing Assets and Accruing   Loans and Leases Past Due 90 Days or More to   Total Loans and Leases and Foreclosed Real Estate

    0.20
    %

    0.13
    %

    0.13
    %

    0.22
    %

    0.24
    %

Table 17 presents the activity in Non-Performing Assets (“NPAs”) for 2024:

    (dollars in thousands)
     
    Table 17

    Balance at Beginning of Year
     
    $
    11,747

    Additions

    14,664

    Reductions

    Payments

    (3,207
    )

    Return to Accrual Status

    (2,192
    )

    Charge-offs/Write-downs

    (1,712
    )

    Total Reductions

    (7,111
    )

    Balance at End of Year
     
    $
    19,300

NPAs consist of non-accrual loans and leases and foreclosed real estate. Changes in the level of non-accrual loans and leases typically are caused by loans and leases that reach a specified past due status, offset by reductions for loans and leases that are charged-off, paid down, sold, transferred to foreclosed real estate, or are no longer classified as non-accrual because they have returned to accrual status.

Commercial and Industrial non-accrual loans increased by $4.6 million from the prior year, primarily due to the addition of three loans during 2024. The three loans added during 2024 were attributed to one primary borrower. 

41

Residential mortgage non