Bank Of Hawaii Corp (NYSE: BOH-PA)

Bank of Hawaii Corporation is a bank holding company headquartered in Honolulu Hawaii. The company is incorporated in Delaware and its principal operating subsidiary is Bank of Hawaii which was organized in 1897 and is chartered by the State of Hawaii. Bank of Hawaii deposits are insured by the Federal Deposit Insurance Corporation and the bank is a member of the Federal Reserve System. Through its subsidiaries the company provides a broad range of financial products and services primarily to customers in Hawaii Guam and other Pacific Islands. The company also references itself as Bank of Hawaii Corporation or the Parent in its filings.

The company generates revenue primarily from interest income earned on loans and investments. Fee based income comes from deposit account services payment processing wealth management and insurance products offered through its subsidiaries. The company also earns revenue from treasury activities and other financial services provided to its customers. These revenue streams support the operations of its Consumer Banking Commercial Banking and Treasury and Other segments.

The company operates through the following segments Consumer Banking Commercial Banking and Treasury and Other.

• Consumer Banking focuses on serving individual customers with deposit accounts mortgage loans personal loans and credit products. This segment also provides financial planning and wealth management services to retail clients. Consumer Banking aims to build long term relationships through convenient branch and digital channels.

• Commercial Banking delivers lending cash management and other financial solutions to small medium and large businesses. The segment supports commercial real estate financing equipment loans and trade finance. Commercial Banking emphasizes relationship based service and local market expertise.

• Treasury and Other manages the company's investment portfolio liquidity and capital markets activities. This segment oversees risk management funding and corporate treasury functions. Treasury and Other also includes the results of the company's insurance subsidiary and other miscellaneous operations.

The company operates in a highly competitive environment facing competition from banks savings associations credit unions mortgage companies finance companies mutual funds brokerage firms insurance companies and other financial service providers. Some competitors are not subject to the same level of regulation and may have lower cost structures. The company believes its competitive advantages stem from its extensive branch network high service levels and deep knowledge of local market conditions. By focusing on community relationships and tailored solutions the company seeks to differentiate itself from larger national institutions.

The company serves individual consumers businesses and other customers located in Hawaii Guam and other Pacific Islands. Its retail customer base includes households retirees and small business owners. The commercial customer base comprises corporations partnerships and other entities operating in the region. The company also serves governmental and institutional clients that require specialized banking services.