Company: BOH
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0000950170-25-031193
Chunk: 155

Company: BANK OF HAWAII CORP
Filing Date: 2025-03-04
Form: 10-K
Item: Item 1B
Chunk 155
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-scope of Topic 606, for the years ended December 31, 2024, 2023 and 2022. 

        Year Ended December 31,

        (dollars in thousands)
         
        2024

        2023

        2022

        Noninterest Income

        In-scope of Topic 606:

        Fees, Exchange, and Other Service Charges
         
        $
        45,466

        $
        44,887

        $
        43,139

        Trust and Asset Management

        47,485

        43,597

        43,803

        Service Charges on Deposit Accounts

        13,676

        13,244

        12,975

        Annuity and Insurance

        5,368

        4,672

        3,710

        Other

        10,098

        9,619

        9,034

        Noninterest Income (in-scope of Topic 606)

        122,093

        116,019

        112,661

        Noninterest Income (out-of-scope of Topic 606)

        50,436

        60,590

        44,880

        Total Noninterest Income
         
        $
        172,529

        $
        176,609

        $
        157,541

Note 23.  Leases A lease is defined as a contract, or part of a contract, that conveys the right to control the use of identified property, plant or equipment for a period of time in exchange for consideration. Substantially all of the leases in which the Company is the lessee are comprised of real estate property for branches, ATM locations, and office space with terms extending through 2052. Substantially all of the Company’s leases are classified as operating leases and therefore required to be recognized on the consolidated statements of condition as right-of-use (“ROU”) assets and corresponding lease liabilities. The Company has one existing finance lease for a portion of the Company’s principal offices with a lease term through 2052.  The following table represents the consolidated statements of condition classification of the Company’s ROU assets and lease liabilities. The Company elected not to include short-term leases (i.e., leases with initial terms of twelve months or less), or equipment leases (deemed immaterial) on the consolidated statements of condition