Company: BOH
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0001628280-25-036240
Chunk: 80

Company: BANK OF HAWAII CORP
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 1
Chunk 80
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 by $21.3 million or 0.3% from December 31, 2024, primarily due to a decline in commercial and industrial loans, which decreased by $107.6 million or 6.3% largely as a result of paydowns. This was partially offset by construction loans, which increased by $65.9 million or 21.3%, primarily due to increased construction activity during the quarter. Consumer loans and leases as of June 30, 2025 decreased by $52.5 million or 0.7% from December 31, 2024, primarily due to paydowns in our home equity portfolio and a slowdown in production for our automobile loans.

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Table 6a presents an additional breakdown of the Company’s commercial mortgage portfolio.

Commercial Mortgage BreakdownTable 6aJune 30, 2025December 31, 2024(dollars in thousands)AmountPercent of Total% Owner OccupiedAmountPercent of Total% Owner OccupiedMulti-family$989,140 25 %— %$1,025,247 25 %— %Industrial740,20318 40 724,64518 42 Lodging722,91518 — 676,35017 — Retail700,13917 3 704,78018 3 Office376,5379 20 371,4749 20 Other 1510,02213 26 518,12613 26 Total Commercial Mortgage$4,038,956 100 %13 %$4,020,622 100 %13 %

1.Amount includes unamortized loan origination fees.

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Table 7 presents the composition of our loan and lease portfolio by geographic area and by major categories.

Geographic Distribution of Loan and Lease PortfolioTable 7(dollars in thousands)Hawai‘iU.S. Mainland 1GuamOther Pacific IslandsTotalJune 30, 2025CommercialCommercial Mortgage$3,607,929$255,719$174,883$425$4,038,956Commercial and Industrial1,381,481137,05268,42210,6051,597,560Construction374,768———374,768Lease Financing92,499—343—92,842Total Commercial5,456,677392,771243,64811,0306,104,126ConsumerResidential Mortgage4,560,931