#Financial Institutions
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.
First Hawaiian Bank Reports Business Activity Up
The second quarter First Hawaiian Bank Business Activity Report showed an increase of 8.05% in “same store sales” over the comparable period of 2011.
Emergencies Drive Demand for OHA Consumer Loans
From behind her desk at the Office of Hawaiian Affairs, Tracy Mattos has bailed many families out of emergencies through OHA’s Consumer Micro-Loan Program.
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.
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.
First Hawaiian: Business Activity Highest in Two Years
According to the latest First Hawaiian Bank Business Activity Report, “same store sales” for the first quarter 2011 are up 10.38% over the same period last year.
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.
Bank of Hawaii Seeks Lyons Community Award Nominations
Bank of Hawaii is now accepting nominations/applications for the 2012 Mike Lyons Maui Community Award.
Hawaiian Electric Industries Reports Strong Year
Hawaiian Electric Industries, Inc. (HEI) this week reported net income for the full year of 2011 was $138.2 million, up from $113.5 million for 2010.
Hawaii Part of Landmark $25B Foreclosure Relief Deal
Hawaii is one of 49 states that agreed to a $25 billion settlement with the nations 5 largest mortgage lenders, according to the US Dept. of Justice on Thursday.
American Savings Employees Raise $200K For Nonprofits
American Savings Bank announced today it has raised over $200,000 through its new annual employee giving program named Kahiau.
American Savings Bank Recognized for Employee Wellness Programs
American Savings Bank has been recognized by the American Heart Association for helping employees eat better and move more.
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.
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.
Hawaii Leads Nation with Highest Average Home Loan
Hawaii, by far, leads the nation with an average home loan amount of $677,299, according to data released by LendingTree.com.
Bank of Hawaii Captures Top Small Business Lender Award
The Hawaii District Office of the US Small Business Administration (SBA) announced the lending statistics for fiscal year 2011 for Hawaii.
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.
