Company: BOH
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0001628280-25-036240
Chunk: 230

Company: BANK OF HAWAII CORP
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 2
Chunk 230
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0 million, public deposits of $43.7 million, and commercial deposits of $2.5 million. The decrease in Money Market was primarily due to decreases in commercial deposits of $74.2 million and consumer deposits of $8.6 million.

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Table 11 presents the maturity distribution of the estimated uninsured time deposits.

Maturity Distribution of Estimated Uninsured Time DepositsTable 11(dollars in thousands)June 30, 2025December 31, 2024ChangeRemaining maturity:Three months or less$716,431 $635,812 $80,619 After three through six months503,352 365,354 137,998 After six through twelve months256,740 524,286 (267,546)After twelve months151,487 102,795 48,692 Total$1,628,010 $1,628,247 $(237)

Estimated uninsured deposits are calculated pursuant to regulatory guidance and reported in our Call Report and include deposits collateralized by government-backed securities and intercompany deposits of wholly-owned subsidiaries. Table 12 presents a reconciliation of our estimated uninsured deposits as reported in our Call Report to our adjusted uninsured deposits. We believe the adjusted uninsured deposits reconciliation provides useful information about our deposits at risk. 

Uninsured Deposits ReconciliationTable 12(dollars in thousands)June 30, 2025 1December 31, 20242Estimated Uninsured Deposits, as Reported in our Call Report$9,885,632 $9,754,299 Less:Deposits Collateralized by Government-Backed Securities(2,003,084)(1,794,050)Intercompany Deposits of Wholly-Owned Subsidiaries(125,395)(121,932)Other(69,432)(110,995)Adjusted Uninsured Deposits$7,687,721 $7,727,322 

1Balances presented as of June 30, 2025 are preliminary.

2Balances presented as of December 31, 2024 were revised to reflect changes made in our Call Report.

Securities Sold Under Agreements to Repurchase

Securities sold under agreements to repurchase were $50.0 million and $100.0 million as of June 30, 2025 and December 31, 2024, respectively. In February 2025, a private institution exercised its right to call on a repurchase agreement