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

Company: BANK OF HAWAII CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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ed Securities:Residential - Government Agencies or Sponsored Agencies1,739,033 1,501,644 Commercial - Government Agencies or Sponsored Agencies9,986 8,260 Total Mortgage-Backed Securities1,749,019 1,509,904 Total$4,340,032 $3,717,573 Investment securities with carrying values of $7.5 billion and $7.2 billion as of September 30, 2025 and December 31, 2024, respectively, were pledged to secure deposits of governmental entities, securities sold under agreements to repurchase, support the Company's borrowing capacity with the Federal Reserve Bank, and secure derivative transactions.During the three months ended September 30, 2025 and 2024, the Company recognized net realized losses on sales of investments of $1.9 million and $1.1 million, respectively. During the nine months ended September 30, 2025 and 2024, the Company recognized net realized losses on sales of investments of $4.7 million and $4.2 million, respectively. The losses on sales of investment securities were due to fees paid to the counterparties of the Company's prior Visa Class B share sale transactions, which are expensed as incurred.

11

The following table summarizes the Company’s AFS debt securities in an unrealized loss position for which an allowance for credit losses was not deemed necessary, aggregated by major security type and length of time in a continuous unrealized loss position:Less Than 12 Months12 Months or LongerTotal(dollars in thousands)Fair ValueGross Unrealized LossesFair ValueGross Unrealized LossesFair ValueGross Unrealized LossesSeptember 30, 2025Available-for-Sale:Debt Securities Issued by the U.S. Treasury and Government Agencies$61,949 $(248)$142,395 $(4,033)$204,344 $(4,281)Debt Securities Issued by States and Political Subdivisions— — 65,905 (6,393)65,905 (6,393)Debt Securities Issued by U.S. Government- Sponsored Enterprises— — 992 (13)992 (13)Debt Securities Issued by Corporations74,824 (176)555,825 (21,301)630,649 (21,477)Collateralized Mortgage Obligations:Residential - Government Agencies or Sponsored Enterprises