Company: BOH
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000046195-25-000037
Chunk: 167

Company: BANK OF HAWAII CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 8
Chunk 167
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 fair value, and placement in the fair value hierarchy of the Company’s financial instruments not recorded at fair value on a recurring basis as of September 30, 2025 and December 31, 2024. This table excludes financial instruments for which the carrying amount approximates fair value. For short-term financial assets such as cash and cash equivalents, the carrying amount is a reasonable estimate of fair value due to the relatively short time between the origination of the instrument and its expected realization. For non-marketable equity securities such as Federal Home Loan Bank of Des Moines and Federal Reserve Bank stock, the carrying amount is a reasonable estimate of fair value as these securities can only be redeemed or sold at their par value and only to the respective issuing government supported institution or to another member institution. For financial liabilities such as noninterest-bearing demand, interest-bearing 

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demand, and savings deposits, the carrying amount is the estimate of fair value due to these products having no stated maturity.Fair Value Measurements(dollars in thousands)Carrying AmountFair ValueQuoted Prices in Active Markets for Identical Assets or Liabilities(Level 1)Significant Other Observable Inputs(Level 2)Significant Unobservable Inputs(Level 3)September 30, 2025Financial Instruments - AssetsInvestment Securities Held-to-Maturity$4,340,032 $3,717,573 $119,767 $3,597,806 $— Loans13,719,997 13,313,618 — — 13,313,618 Financial Instruments - LiabilitiesTime Deposits3,051,354 3,043,493 — 3,043,493 — Securities Sold Under Agreements to Repurchase50,000 51,516 — 51,516 — Other Debt 1550,000 545,664 — 545,664 — December 31, 2024Financial Instruments – AssetsInvestment Securities Held-to-Maturity$4,618,543 $3,820,882 $116,941 $3,703,941 $— Loans13,777,756 12,908,626 — — 12,908,626 Financial Instruments – LiabilitiesTime Deposits3,059,575 3,050,583 — 3,050,583 — Securities Sold Under Agreements to Repurchase100,000 101,478 — 101