#banks and banking
First Hawaiian Q2 Reports Solid Earnings, Good Deposit Growth
First Hawaiian Bank reported first half net income of $113.2 million, up 5.6% over the first half of 2011.
MEO Student Business Plans Reviewed by Bankers
On June 19, MEO Business Development Center graduated 17 students from its Core Four Business Planning course and several Maui bankers were on hand to review plans.
American Savings Bank Sees Continued Growth
American Savings Bank reported net income of $15.9 million in the first quarter of 2012 compared to $13.9 million in the first quarter one year ago.
Free SBA Consulting for Maui Business in May
On Wednesday, May 16, US Small Business Administrationl business specialists will be at the Kahului branch of First Hawaiian Bank from 9 a.m. to 2 p.m.
Bank of Hawaii Reports 3.4% Profit Increase
Bank of Hawaii Corporation today reported that net income increased to $43 million in the first quarter 2012, which is a 3.4% increase from the first quarter of 2011.
First Hawaiian Reports Record Total Assets
First Hawaiian Bank today reports reaching $16.1 billion in total assets, the highest in company history.
American Savings Bank Chief Financial Officer Retiring April 30
American Savings Bank today announced that executive vice president and chief financial officer Alvin Sakamoto will retire effective April 30, 2012.
Central Pacific Appoints New Chief Banking Officer
Central Pacific Financial Corp., parent company of Central Pacific Bank, recently appointed Lance Mizumoto to Executive Vice President and Chief Banking Officer.
Central Pacific Reports Fourth Consecutive Profitable Quarter
Central Pacific Financial Corp. reported a profit of $12.1 million for the 4th quarter 2011, making this its 4th consecutive profitable quarter.
Bank of Hawaii Reports Lower Earnings for 2011
The Bank of Hawaii today reported fourth quarter earnings for 2011 of $39.2 million and $160.0 million in profit for the year ending 2011.
First Hawaiian Bank Posts $209M Profit for 2011
First Hawaiian Bank announced a profit of $209.0 million for 2011 today, an increase of 3.4% over 2010, excluding a one-time tax benefit.
Economic Recovery Reflected in First Hawaiian’s Q4 Growth
Underscoring the state’s continued economic recovery, the First Hawaiian Bank Business Activity Report (BAR) showed an 8.9% increase in fourth quarter “same store sales” over the comparable period of 2011.
State’s GreenSun Program to Finance Energy Projects
Hoping to help make solar energy investments more affordable, the State of Hawaii and Hawaii Community Reinvestment Corporation yesterday launched GreenSun Hawaii, an innovative energy financing program.
Bank of Hawaii Reports Continued Neighbor Island Delinquencies
Bank of Hawaii yesterday reported income gains despite continued increase in delinquencies from consumer loans and leases, particularly neighbor island residential mortgages and home equities.
Hawaiian Telcom Gets Extension on $30M Credit Line
Hawaiian Telcom Holdco, Inc. announced today the successful completion of an amendment and extension of its $30 million credit line with First Hawaiian Bank.
State Launches Mortgage Foreclosure Dispute Resolution Program
Starting last Monday, owner-occupants of residential property that find themselves in non-judicial foreclosure will have increased opportunities to resolve mortgage issues.
First Hawaiian Replacing Napili with Kahana Branch
First Hawaiian Bank will open a new full-service branch in Kahana, Maui on October 11, announced Don Horner, First Hawaiian Bank president and chief executive officer.
First Hawaiian CEO Horner to Retire at Year’s End
Don Horner announced today that he will retire as CEO of First Hawaiian Bank at year’s end, but will continue as chairman.
First Hawaiian Adds Mobile Banking
First Hawaiian Bank has launched their mobile banking service called FHB Mobile Banking, according to the bank’s president and chief operating officer, Bob Harrison.
Territorial Bancorp Runs Second Stock Repurchase
Territorial Bancorp Inc., the holding company parent of Territorial Savings Bank, announced Friday that its Board of Directors has adopted a second stock repurchase program.
