Company: BOH
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0001628280-25-036240
Chunk: 73

Company: BANK OF HAWAII CORP
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 1
Chunk 73
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.8 Other0.2 (0.3)(0.1)0.1 0.0 0.1 Total Change in Interest Income7.5 (1.7)5.8 12.7 (2.1)10.6 Change in Interest Expense:Interest-Bearing DepositsDemand(0.2)(1.0)(1.2)(0.2)(1.6)(1.8)Savings2.0 (5.9)(3.9)4.3 (10.5)(6.2)Time1.2 (5.1)(3.9)0.7 (9.1)(8.4)Total Interest-Bearing Deposits3.0 (12.0)(9.0)4.8 (21.2)(16.4)Securities Sold Under Agreements to Repurchase(0.7)0.0 (0.7)(1.4)0.0 (1.4)Other Debt0.0 (0.1)(0.1)0.1 (0.1)0.0 Total Change in Interest Expense2.3 (12.1)(9.8)3.5 (21.3)(17.8)Change in Net Interest Income$5.2 $10.4 $15.6 $9.2 $19.2 $28.4 

1The change in interest income or expense due to both rate and volume has been allocated between the factors in proportion to the relationship of the absolute dollar amounts of the change in each.

Net Interest Income

Net interest income is affected by the size and mix of our balance sheet components as well as the spread between interest earned on assets and interest paid on liabilities. Net interest margin is defined as net interest income, on a taxable-equivalent basis, as a percentage of average earning assets.

The average balance of our earning assets for the three and six months ended June 30, 2025 increased by $443.3 million or 2% and $364.6 million or 2%, respectively, compared to the same periods in 2024. These increases were due to increases in the average balances of available-for-sale investment securities and commercial mortgage loans. As compared to the same periods last year, yields on our investment securities portfolio increased by 10 and 7 basis points during the three