Company: BOH
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0000950170-25-031193
Chunk: 123

Company: BANK OF HAWAII CORP
Filing Date: 2025-03-04
Form: 10-K
Item: Item 1B
Chunk 123
---
        $
        29

        $
        (743,727
        )
         
        $
        4,253,637

       The Company elected to exclude accrued interest receivable (“AIR”) from the amortized cost basis of debt securities disclosed throughout this footnote. For AFS debt securities, AIR totaled $9.0 million for both December 31, 2024 and 2023. For HTM debt securities, AIR totaled $8.6 million and $8.7 million as of December 31, 2024 and 2023, respectively. The table below presents an analysis of the contractual maturities of the Company’s investment securities as of December 31, 2024. Debt securities issued by government agencies (such as Small Business Administration securities), collateralized mortgage obligations, and mortgage-backed securities are disclosed separately, as these investment securities may prepay prior to their scheduled contractual maturity dates.

69

        (dollars in thousands)
         
        Amortized Cost

        Fair Value

        Available-for-Sale:

        Due in One Year or Less
         
        $
        43,387

        $
        42,757

        Due After One Year Through Five Years

        709,471

        687,128

        Due After Five Years Through Ten Years

        183,649

        157,502

        936,507

        887,387

        Debt Securities Issued by Government Agencies

        98,821

        98,683

        Collateralized Mortgage Obligations:

            Residential - Government Agencies or Sponsored Enterprises

        1,050,299

        935,220

            Commercial - Government Agencies or Sponsored Enterprises

        306,696

        283,474

        Total Collateralized Mortgage Obligations

        1,356,995

        1,218,694

        Mortgage-Backed Securities:

            Residential - Government Agencies or Sponsored Enterprises

        555,092

        484,764

        Total Mortgage-Backed Securities

        555,092

        484,764

        Total
         
        $
        2,947,415

        $
        2,689,528

        Held-to-Maturity:

        Due in One Year or Less
         
        $
        7,500

        $
        7,272

        Due After One