Company: BOH
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0001628280-25-036240
Chunk: 183

Company: BANK OF HAWAII CORP
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 8
Chunk 183
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10,429,271 $10,397,777 $31,494 0.3 %Commercial8,243,898 8,299,590 (55,692)(0.7)Public and Other2,125,745 1,935,670 190,075 9.8 Total Deposits$20,798,914 $20,633,037 $165,877 0.8 %

Total deposits were $20.8 billion as of June 30, 2025, an increase of $165.9 million or 0.8% from December 31, 2024. Consumer deposits increased by $31.5 million due to increases of $144.4 million in savings deposits and $29.6 million in non-interest bearing deposits, partially offset by a decrease of $142.5 million in interest-bearing deposits. Commercial deposits decreased by $55.7 million primarily from decreases of $97.6 million in core deposits, defined as all deposits exclusive of time deposits, partially offset by an increase of $41.9 million in time deposits. Public and other deposits increased by $190.1 million due to an increase of $208.2 million in interest-bearing deposits, partially offset by a decrease of $18.1 million in non-interest bearing deposits.

Table 10 presents the composition of our savings deposits.

Savings DepositsTable 10(dollars in thousands)June 30, 2025December 31, 2024Dollar ChangePercent ChangeMoney Market$3,347,231 $3,430,047 $(82,816)(2.4)%Regular Savings5,134,097 4,934,869 199,228 4.0 Total Savings Deposits$8,481,328 $8,364,916 $116,412 1.4 %

The increase in Regular Savings was primarily due to increases in consumer deposits of $153.0 million, public deposits of $43.7 million, and commercial deposits of $2.5 million. The decrease in Money Market was primarily due to decreases in commercial deposits of $74.2 million and consumer deposits of $8.6 million.

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Table 11 presents the maturity distribution of the estimated uninsured time deposits.

Maturity Distribution of Estimated Uninsured Time DepositsTable 11(dollars in thousands)June 30, 2025December 31, 2024ChangeRemaining