Company: BOH
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0001628280-25-036240
Chunk: 20

Company: BANK OF HAWAII CORP
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 1
Chunk 20
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 for credit losses for these securities as of June 30, 2025 and December 31, 2024.Interest income from taxable and non-taxable investment securities for the three and six months ended June 30, 2025 and 2024 were as follows:Three Months Ended June 30,Six Months Ended June 30,(dollars in thousands)2025202420252024Taxable$46,385 $43,057 $90,664 $86,943 Non-Taxable457 6 837 13 Total Interest Income from Investment Securities$46,842 $43,063 $91,501 $86,956 

Note 3.  Loans and Leases and the Allowance for Credit Losses

Loans and LeasesThe Company’s loan and lease portfolio was comprised of the following as of June 30, 2025 and December 31, 2024:(dollars in thousands)June 30, 2025December 31, 2024CommercialCommercial Mortgage$4,038,956 $4,020,622 Commercial and Industrial1,597,560 1,705,133 Construction374,768 308,898 Lease Financing92,842 90,756 Total Commercial6,104,126 6,125,409 ConsumerResidential Mortgage4,637,014 4,628,283 Home Equity2,139,025 2,165,514 Automobile715,688 764,146 Other406,325 392,628 Total Consumer7,898,052 7,950,571 Total Loans and Leases$14,002,178 $14,075,980 The majority of the Company’s lending activity is with customers located within the State of Hawai‘i. A substantial portion of the Company’s real estate loans are secured by real estate located within the State of Hawai‘i.The Company elected to exclude AIR from the amortized cost basis of loans and leases disclosed throughout this footnote. As of June 30, 2025 and December 31, 2024, AIR for loans totaled $48.2 million and $48.4 million, respectively.

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Allowance for Credit Losses (the “Allowance”)The following presents by portfolio segment, the activity in the Allowance for the three and six months ended June 30, 2025 and 2024.(dollars