Company: BOH
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000046195-25-000037
Chunk: 92

Company: BANK OF HAWAII CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 92
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 of customer swaps and fair value hedges. Deferred compensation plan assets decreased by $2.9 million or 15.9%, primarily due to distributions from the executive deferred compensation plan in 2025. Foreclosed real estate decreased by 2.5 million or 95.3%, primarily due to the sale of foreclosed properties during the nine months ended September 30, 2025. Accounts receivable decreased by $2.0 million or 11.5%, primarily due to changes in accruals and timing of payments. 

Deposits

Table 9 presents the composition of our deposits by major customer categories.

DepositsTable 9(dollars in thousands)September 30, 2025December 31, 2024Dollar ChangePercent ChangeConsumer$10,393,932 $10,397,777 $(3,845)— %Commercial8,348,396 8,299,590 48,806 0.6 Public and Other2,338,341 1,935,670 402,671 20.8 Total Deposits$21,080,669 $20,633,037 $447,632 2.2 %

Total deposits were $21.1 billion as of September 30, 2025, an increase of $447.6 million or 2.2% from December 31, 2024. Consumer deposits decreased by $3.8 million due to decreases of $101.2 million in interest-bearing deposits and $58.3 million in time deposits, partially offset by increases of 149.4 million in savings deposits and $6.3 million in non-interest bearing deposits. Commercial deposits increased by $48.8 million primarily from increases of $69.1 million in interest-bearing deposits, partially offset by a decrease of $20.3 million in non-interest bearing deposits. Public and other deposits increased by $402.7 million due to an increase of $411.3 million in interest-bearing deposits, partially offset by a decrease of $8.6 million in non-interest bearing deposits.

Table 10 presents the composition of our savings deposits.

Savings DepositsTable 10(dollars in thousands)September 30, 2025December 31, 2024Dollar ChangePercent ChangeMoney Market$3,396,404 $3,430,047 $(33,643)(1.0)%Regular Savings5,418,047 4,934