Company: BOH
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0000950170-25-031193
Chunk: 193

Company: BANK OF HAWAII CORP
Filing Date: 2025-03-04
Form: 10-K
Item: Item 7
Chunk 193
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    1.8

    —

    —

    10.0

    1.8

    7.9

    Total Mortgage-Backed Securities
     
    0.6

    2.7

    89.2

    2.7

    1,773.9

    2.1

    10.9

    2.2

    1,874.6

    2.2

    1,563.4

    Total Held-to-Maturity
    $
    13.7

    1.4
    %
     
    $
    529.2

    1.8
    %
     
    $
    4,064.7

    1.7
    %
     
    $
    10.9

    2.2
    %
     
    $
    4,618.5

    1.7
    %
     
    $
    3,820.9

    Total Investment Securities

    As of December 31, 2024
    $
    62.3

    $
    2,295.6

    $
    5,177.2

    $
    30.8

    $
    7,565.9

    $
    6,510.4

    As of December 31, 2023
    $
    14.5

    $
    1,611.5

    $
    5,651.1

    $
    414.2

    $
    7,691.3

    $
    6,662.5

1Weighted-average yields on investment securities available-for-sale are based on amortized cost.

2Information for mortgage-backed securities, collateralized mortgage obligations, and small business administration securities reflect weighted average life, including anticipated future prepayments.

As of December 31, 2024, our investment securities portfolio was comprised of securities with an average remaining duration of approximately 4.83 years, which does not consider the impact of the interest rate swaps that hedge a portion of our available-for-sale portfolio.

We continually evaluate our investment securities portfolio in response to established asset/liability management objectives, changing market conditions that could affect profitability, and level of interest rate risk to which we are exposed. These evaluations may cause us to change the level of funds deployed into investment securities,