Company: BOH
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0000950170-25-031193
Chunk: 234

Company: BANK OF HAWAII CORP
Filing Date: 2025-03-04
Form: 10-K
Item: Item 8
Chunk 234
---
Used in) Provided by Financing Activities

    (436,810
    )

    (113,839
    )

    761,791

    Net Change in Cash and Cash Equivalents

    (237,373
    )

    599,177

    (158,667
    )

    Cash and Cash Equivalents at Beginning of Period

    1,000,944

    401,767

    560,434

    Cash and Cash Equivalents at End of Period
     
    $
    763,571

    $
    1,000,944

    $
    401,767

    Supplemental Information

    Cash Paid for Interest
     
    $
    403,394

    $
    282,025

    $
    49,609

    Cash Paid for Income Taxes

    31,240

    52,246

    53,025

    Non-Cash Investing and Financing Activities:

    Transfer of Investment Securities from Available-for-Sale to Held-to-Maturity

    —

    —

    1,275,043

    Transfer from Loans to Foreclosed Real Estate

    708

    1,625

    —

    Transfers from Loans to Loans Held for Sale

    —

    —

    380

    Transfers from Loans Held for Sale to Loans

    —

    569

    —

The accompanying notes are an integral part of the Consolidated Financial Statements.

59

Note 1.  Basis of Presentation Bank of Hawaii Corporation (the “Parent”) is a Delaware corporation and a bank holding company headquartered in Honolulu, Hawaiʻi. Bank of Hawaii Corporation and its subsidiaries (collectively, the “Company”) provide a broad range of financial products and services to customers in Hawaiʻi, Guam, and other Pacific Islands. The majority of the Company’s operations consist of customary commercial and consumer banking services including, but not limited to, lending, leasing, deposit services, trust and investment activities, brokerage services, and trade financing. The accounting and reporting principles of the Company conform to U.S. generally accepted accounting principles (“GAAP”) and prevailing practices within the financial services industry. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts in the financial statements and accompanying notes. Actual results may differ from those estimates and such differences could be material to the financial statements. Certain prior period information has been