Company: BOH
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0000950170-25-031193
Chunk: 262

Company: BANK OF HAWAII CORP
Filing Date: 2025-03-04
Form: 10-K
Item: Item 8
Chunk 262
---
2022: 

        (dollars in thousands, except per share amounts)
         
        2024

        2023

        2022

        Numerator:

        Net Income Available to Common Shareholders
         
        $
        137,350

        $
        163,325

        $
        217,927

        Denominator:

        Weighted Average Common Shares Outstanding - Basic

        39,450,737

        39,274,291

        39,601,089

        Dilutive Effect of Equity Based Awards

        249,651

        154,621

        186,913

        Weighted Average Common Shares Outstanding - Diluted

        39,700,388

        39,428,912

        39,788,002

        Earnings Per Common Share:

        Basic
         
        $
        3.48

        $
        4.16

        $
        5.50

        Diluted
         
        $
        3.46

        $
        4.14

        $
        5.48

        Antidilutive Stock Options and Restricted Stock Outstanding

        32,667

        199,217

        —

Note 13.  Business Segments The Company’s business segments are defined as Consumer Banking, Commercial Banking, and Treasury and Other. The Company’s chief operating decision maker (“CODM”) is the Chairman and Chief Executive Officer. The CODM uses income from operations to evaluate the performance of the overall business and to allocate resources to each of the segments. The Company's internal management accounting process, which is not necessarily comparable with the process used by any other financial institution, uses various techniques to assign balance sheet and income statement amounts to the business segments, including allocations of income, expense, the provision for credit losses, and capital. This process is dynamic and requires certain allocations based on judgment and other subjective factors. Unlike financial accounting, there is no comprehensive authoritative guidance for management accounting that is equivalent to GAAP. Previously reported results have been reclassified to conform to the current reporting structure. The net interest income of the business segments reflects the results of a funds transfer pricing process that matches assets and liabilities with similar interest rate sensitivity and maturity characteristics and reflects the allocation of net interest income related to the Company’s overall asset and liability management activities on a proportionate basis. The basis for the allocation of net interest income is a function of