Company: BOH
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0000950170-25-031193
Chunk: 68

Company: BANK OF HAWAII CORP
Filing Date: 2025-03-04
Form: 10-K
Item: Item 1B
Chunk 68
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 that we will be required to sell the investment securities before recovery of their amortized cost basis, which may be at maturity. See Note 3 in Item 8. “Notes to Consolidated Financial Statements” for more information.

The Company’s corporate bond holdings as of December 31, 2024, had a fair value of $680.0 million. Of this total, $1.2 million was fully guaranteed by the Export-Import Bank of the United States, an agency of the U.S. government, and $8.3 million was fully guaranteed by the U.S. government. Of the remaining $670.4 million of corporate bonds, all were credit-rated A- or better by at least one nationally recognized statistical rating organization.

Loans and Leases

Table 8 presents the composition of our loan and lease portfolio by major categories.

    Loans and Leases

    Table 8

    December 31,

    (dollars in thousands)
     
    2024

    2023

    2022

    2021

    2020

    Commercial

    Commercial Mortgage
     
    $
    4,020,622

    $
    3,749,016

    $
    3,725,542

    $
    3,152,130

    $
    2,854,829

    Commercial and Industrial

    1,705,133

    1,664,068

    1,408,645

    1,488,700

    1,875,293

    Construction

    308,898

    304,463

    260,825

    220,254

    259,798

    Lease Financing

    90,756

    59,939

    69,491

    105,108

    110,766

    Total Commercial

    6,125,409

    5,777,486

    5,464,503

    4,966,192

    5,100,686

    Consumer

    Residential Mortgage

    4,628,283

    4,684,171

    4,653,072

    4,309,602

    4,130,513

    Home Equity

    2,165,514

    2,264,827

    2,225,950