Company: BOH
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0001628280-25-036240
Chunk: 83

Company: BANK OF HAWAII CORP
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 1
Chunk 83
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 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 maturity:Three months or less$716,431 $635,812 $80,619 After three through six months503,352 365,354 137,998 After six through twelve months256,740 524,286 (267,546)After twelve months151,487 102,795 48,692 Total$1,628,010 $1,628,247 $(237)

Estimated uninsured deposits are calculated pursuant to regulatory guidance and reported in our Call Report and include deposits collateralized by government-backed securities and intercompany deposits of wholly-owned subsidiaries. Table 12 presents a reconciliation of our estimated uninsured deposits as reported in our Call Report to our adjusted uninsured deposits