Company: BOH
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000046195-25-000037
Chunk: 83

Company: BANK OF HAWAII CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 83
---
%$44,039 $42,837 $1,202 2.8 %Trust and Asset Management12,598 11,916 682 5.7 36,436 35,328 1,108 3.1 Service Charges on Deposit Accounts8,510 8,075 435 5.4 24,888 23,752 1,136 4.8 Bank-Owned Life Insurance3,681 3,533 148 4.2 11,006 10,285 721 7.0 Annuity and Insurance1,095 1,460 (365)(25.0)4,087 4,089 (2)— Mortgage Banking906 1,188 (282)(23.7)2,743 3,167 (424)(13.4)Investment Securities Losses, Net(1,945)(1,103)(842)76.3 (4,678)(4,201)(477)11.4 Other Income5,902 5,096 806 15.8 16,298 14,225 2,073 14.6 Total Noninterest Income$45,966 $45,110 $856 1.9 %$134,819 $129,482 $5,337 4.1 %

Investment securities losses increased by $0.8 million or 76.3% in the third quarter of 2025 compared to the same period last year, primarily due to higher fees paid to counterparties for Visa Class B share conversion rate expense during the third quarter of 2025. In October 2025, we initiated the process of repositioning a portion of our AFS securities. As a result, we expect to realize a loss on the sale of certain securities during the quarter ending December 31, 2025 that is expected to range from $16 million to $17 million.

Other income increased by $0.8 million or 15.8% in the third quarter of 2025 compared to the same period last year, primarily due to an increase in customer derivative transactions during the quarter. Other income increased by $2.1 million or 14.6% for the first nine months of 2025 compared to the same period last year, primarily due to an increase in customer derivative transactions, a gain on sale of