Company: BOH
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0001628280-25-036240
Chunk: 42

Company: BANK OF HAWAII CORP
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 1
Chunk 42
---
ized Holding Losses on Held-to-Maturity Securities11,578 3,069 8,509 Net Unrealized Gains on Investment Securities59,498 15,768 43,730 Defined Benefit Plans:Amortization of Net Actuarial Losses755 200 555 Amortization of Prior Service Credit(123)(33)(90)Defined Benefit Plans, Net632 167 465 Other Comprehensive Income$60,130 $15,935 $44,195 Six Months Ended June 30, 2024Net Unrealized Gains on Investment Securities:Net Unrealized Gains Arising During the Period$17,426 $4,619 $12,807 Amounts Reclassified from Accumulated Other Comprehensive Income that Decrease Net Income:Amortization of Unrealized Holding Losses on Held-to-Maturity Securities12,496 3,313 9,183 Net Unrealized Gains on Investment Securities29,922 7,932 21,990 Defined Benefit Plans:Amortization of Net Actuarial Losses582 155 427 Amortization of Prior Service Credit(122)(32)(90)Defined Benefit Plans, Net460 123 337 Other Comprehensive Income$30,382 $8,055 $22,327 The amortization of unrealized holding losses on HTM securities relate to the Company’s reclassification of AFS investment securities to the HTM category and will be amortized over the remaining life of the investment securities as an adjustment of yield.

26

The following table presents the changes in each component of accumulated other comprehensive income, net of tax, for the three and six months ended June 30, 2025 and 2024:(dollars in thousands)Investment Securities-Available-for-SaleInvestment Securities-Held-to-MaturityDefined Benefit PlansAccumulated Other Comprehensive Income (Loss)Three Months Ended June 30, 2025Balance at Beginning of Period$(168,655)$(126,578)$(23,164)$(318,397)Other Comprehensive Income Before Reclassifications14,646 — — 14,646 Amounts Reclassified from Accumulated Other Comprehensive Income— 4,324 233 4,557 Total Other Comprehensive Income14,646 4,324 233 19,203 Balance at End of Period$(154,009)$(122,254)$(22,931