Company: BOH
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0001628280-25-036240
Chunk: 172

Company: BANK OF HAWAII CORP
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 8
Chunk 172
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 presented elsewhere in this report.

2Interest income includes taxable-equivalent basis adjustments, based upon a federal statutory tax rate of 21%, of $1.6 million and $3.1 million for the three and six months ended June 30, 2025, respectively, and $0.8 million and $1.5 million for the three and six months ended June 30, 2024, respectively.

3Non-performing loans and leases are included in the respective average loan and lease balances.

46

Analysis of Change in Net Interest Income - Taxable-Equivalent BasisTable 2Three Months Ended June 30, 2025Six Months Ended June 30, 2025Compared to June 30, 2024Compared to June 30, 2024(dollars in millions)Volume 1Rate 1TotalVolume 1Rate 1TotalChange in Interest Income:Cash and Cash Equivalents$(1.3)$(1.0)$(2.3)$(0.9)$(2.1)$(3.0)Investment SecuritiesAvailable-for-SaleTaxable6.1 (0.9)5.2 9.6 (2.0)7.6 Non-Taxable0.4 0.0 0.4 0.6 0.1 0.7 Held-to-MaturityTaxable(1.7)(0.1)(1.8)(3.3)(0.3)(3.6)Non-Taxable0.0 — 0.0 0.0 — 0.0 Total Investment Securities4.8 (1.0)3.8 6.9 (2.2)4.7 Loans Held for Sale0.0 0.0 0.0 0.0 0.0 0.0 Loans and LeasesCommercial Mortgage4.2 (2.1)2.1 7.8 (3.7)4.1 Commercial and Industrial(0.3)(1.0)(1.3)0.2 (2.4)(2.2)Construction0.9 (0.5)0.4 1.4 (0.5)0.9 Commercial Lease Financing0.5 0.2 0.7 0.9