Company: BOH
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0001628280-25-036240
Chunk: 44

Company: BANK OF HAWAII CORP
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 1
Chunk 44
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 Credit 261 61 Net Actuarial Losses 2(378)(291)(317)(230)Total Before Tax84 62 Provision for Income Tax(233)(168)Net of TaxTotal Reclassifications for the Period$(4,557)$(4,793)Net of TaxDetails about Accumulated Other Comprehensive Income ComponentsAmount Reclassified from Accumulated Other Comprehensive Income1Affected Line Item in the Statement Where Net Income Is PresentedSix Months Ended June 30,(dollars in thousands)20252024Amortization of Unrealized Holding Losses on Investment Securities Held-to-Maturity$(11,578)$(12,496)Interest Income3,069 3,313 Provision for Income Tax(8,509)(9,183)Net of TaxAmortization of Defined Benefit Plan ItemsPrior Service Credit 2123 122 Net Actuarial Losses 2(755)(582)(632)(460)Total Before Tax167 123 Provision for Income Tax(465)(337)Net of TaxTotal Reclassifications for the Period$(8,974)$(9,520)Net of Tax1Amounts in parentheses indicate reductions to net income.2These accumulated other comprehensive income components are included in the computation of net periodic benefit cost and are included in other noninterest expense in the unaudited consolidated statements of income.

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Note 8.  Earnings Per Common Share

Earnings per common share is computed using the two-class method. The following is a reconciliation of the weighted average number of common shares used in the calculation of basic and diluted earnings per common share and antidilutive restricted stock outstanding for the three and six months ended June 30, 2025 and 2024:Three Months Ended June 30,Six Months Ended June 30,(dollars in thousands, except per share amounts)2025202420252024Numerator:Net Income Available to Common Shareholders$42,368 $32,114 $81,084 $66,536 Denominator:Weighted Average Common Shares Outstanding - Basic39,622,99839,450,55139,588,91639,400,452Dilutive Effect of Equity Based Awards272,095168,154299,378218,322Weighted Average Common Shares Outstanding - Diluted39,895,09339,618,70539,888,29439,618,774Earnings Per Common Share:Basic$1.07 $