Company: BOH
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0000950170-25-031193
Chunk: 273

Company: BANK OF HAWAII CORP
Filing Date: 2025-03-04
Form: 10-K
Item: Item 8
Chunk 273
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 828

        (915
        )

        Forward Commitments
         
        Mortgage Banking

        210

        —

        2,348

        Interest Rate Swap Agreements
         
        Other Noninterest Income

        64

        (96
        )

        44

        Foreign Exchange Contracts
         
        Other Noninterest Income

        4,398

        3,745

        1,792

        Conversion Rate Swap Agreement
         
        Investment Securities Gains (Losses), Net

        (2,390
        )

        (1,598
        )

        —

        Total

        $
        25,075

        $
        10,696

        $
        3,269

       The following amounts were recorded on the consolidated statements of condition related to the cumulative basis adjustment for fair value hedges of derivative financial instruments designated as hedging instruments as of December 31, 2024 and 2023: 

        Line Item in the Consolidated Statements of Condition
         
        Carrying Amount ofthe Hedged Assets

        Cumulative Amount of Fair Value Hedging Adjustment Included In the Carrying Amount of the Hedged Assets

        (dollars in thousands)
         
        2024

        2023

        2024

        2023

        Investment Securities, Available-for-Sale 1
         
        $
        999,594

        $
        1,320,260

        $
        (406
        )
         
        $
        20,260

        Loans and Leases 2

        1,292,670

        1,728,386

        (7,330
        )

        28,386

       1 These amounts were included in the fair value of closed portfolios of investment securities, available-for-sale used to designate hedging relationships in which the hedged item is the stated amount of assets in the closed portfolios anticipated to be outstanding for the designated hedge period. As of December 31, 2024 and 2023, the fair value of the closed portfolios used in these hedging relationships was $1.7 billion and $1.8 billion, respectively.2 These amounts were included in the amortized cost basis of closed portfolios of loans used to designate hedging relationships in which the hedged item is the stated amount of assets in the closed portfolios anticipated to be outstanding for the designated hedge period. As of December