Company: BOH
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000046195-25-000037
Chunk: 151

Company: BANK OF HAWAII CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 8
Chunk 151
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 restricted stock outstanding for the three and nine months ended September 30, 2025 and 2024:Three Months Ended September 30,Nine Months Ended September 30,(dollars in thousands, except per share amounts)2025202420252024Numerator:Net Income Available to Common Shareholders$48,076 $36,922 $129,159 $103,457 Denominator:Weighted Average Common Shares Outstanding - Basic39,655,74139,488,18739,611,37239,429,815Dilutive Effect of Equity Based Awards325,190248,305308,626224,890Weighted Average Common Shares Outstanding - Diluted39,980,93139,736,49239,919,99839,654,705Earnings Per Common Share:Basic$1.21 $0.94 $3.26 $2.62 Diluted$1.20 $0.93 $3.24 $2.61 Antidilutive Restricted Stock Outstanding—11,89031,05729,107

Note 9.  Business Segments

The Company’s business segments are defined as Consumer Banking, Commercial Banking, and Treasury and Other. The Company’s chief operating decision maker (“CODM”) is the Chairman and Chief Executive Officer. The CODM uses income from operations to evaluate the performance of the overall business and to allocate resources to each of the segments. The Company's internal management accounting process, which is not necessarily comparable with the process used by any other financial institution, uses various techniques to assign balance sheet and income statement amounts to the business segments, including allocations of income, expense, the provision for credit losses, and capital. This process is dynamic and requires certain allocations based on judgment and other subjective factors. Unlike financial accounting, there is no comprehensive authoritative guidance for management accounting that is equivalent to GAAP. Previously reported results have been reclassified to conform to the current reporting structure.The net interest income of the business segments reflects the results of a funds transfer pricing process that matches assets and liabilities with similar interest rate sensitivity and maturity characteristics and reflects the allocation of net interest income related to the Company’s overall asset and liability management activities on a proportionate basis. The basis for the allocation of net interest income is a function of the Company’s assumptions that are subject to change based on changes in current interest rates and market conditions. Funds transfer pricing also serves to transfer interest rate risk to Treasury. However, the