Company: BOH
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0001628280-25-036240
Chunk: 5

Company: BANK OF HAWAII CORP
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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Item 1. Financial Statements

Bank of Hawaii Corporation and Subsidiaries

Consolidated Statements of Condition

(dollars in thousands, except per share amounts)June 30, 2025(Unaudited)December 31, 2024AssetsCash and Cash Equivalents$768,683 $763,571 Investment SecuritiesAvailable-for-Sale3,111,504 2,689,528 Held-to-Maturity (Fair Value of $3,754,794 and $3,820,882)4,441,353 4,618,543 Loans Held for Sale1,867 2,150 Loans and Leases14,002,178 14,075,980 Allowance for Credit Losses(148,543)(148,528)Net Loans and Leases13,853,635 13,927,452 Premises and Equipment, Net192,221 184,480 Operating Lease Right-of-Use Assets83,594 80,165 Accrued Interest Receivable67,204 66,367 Mortgage Servicing Rights18,362 19,199 Goodwill31,517 31,517 Bank-Owned Life Insurance488,028 481,184 Other Assets651,784 736,958 Total Assets$23,709,752 $23,601,114 LiabilitiesDepositsNoninterest-Bearing Demand$5,424,471 $5,423,562 Interest-Bearing Demand3,855,120 3,784,984 Savings8,481,328 8,364,916 Time3,037,995 3,059,575 Total Deposits20,798,914 20,633,037 Securities Sold Under Agreements to Repurchase50,000 100,000 Other Debt558,226 558,274 Operating Lease Liabilities92,381 88,794 Retirement Benefits Payable23,528 23,760 Accrued Interest Payable26,732 34,799 Other Liabilities416,864 494,676 Total Liabilities21,966,645 21,933,340 Commitments and Contingencies (Note 11)Shareholders’ EquityPreferred Stock (Series A, $.01 par value; authorized 180,000 shares issued and outstanding)180,000 180,000 Preferred Stock (