Company: BOH
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0001628280-25-036240
Chunk: 158

Company: BANK OF HAWAII CORP
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 8
Chunk 158
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additional legal reserves to settle ongoing litigation. As of June 30, 2025, the makewhole agreements were valued at zero as the likelihood of the Company being required to make a payment to the buyer is not reasonably estimable by management.The Company is exposed to credit risk if borrowers or counterparties fail to perform. The Company seeks to minimize credit risk through credit approvals, limits, monitoring procedures, and collateral requirements. The Company generally enters into transactions with borrowers of high credit quality and counterparties that carry high quality credit ratings.The following table presents the balances of assets and liabilities measured at fair value on a recurring basis as of June 30, 2025 and December 31, 2024.

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(dollars in thousands)Quoted Prices in Active Markets for Identical Assets or Liabilities(Level 1)Significant Other Observable Inputs(Level 2)Significant Unobservable Inputs(Level 3)TotalJune 30, 2025Assets:Investment Securities Available-for-SaleDebt Securities Issued by the U.S. Treasury and Government Agencies$133,946 $109,769 $— $243,715 Debt Securities Issued by States and Political Subdivisions— 65,960 — 65,960 Debt Securities Issued by U.S. Government-Sponsored Enterprises— 985 — 985 Debt Securities Issued by Corporations— 728,842 — 728,842 Collateralized Mortgage Obligations Issued by:Residential - Government Agencies or Sponsored Enterprises— 1,097,369 — 1,097,369 Commercial - Government Agencies or Sponsored Enterprises— 332,461 — 332,461 Commercial - Non Agency— 36,007 — 36,007 Total Collateralized Mortgage Obligations— 1,465,837 — 1,465,837 Mortgage-Backed Securities:Residential - Government Agencies or Sponsored Enterprises— 606,165 — 606,165 Total Investment Securities Available-for-Sale133,946 2,977,558 — 3,111,504 Loans Held for Sale— 1,867 — 1,867 Mortgage Servicing Rights— — 619 619 Deferred Compensation Plan Assets14,569 — — 14,569 Derivatives 1— 108,186 37 108