Hawaii

Bank of Hawaii will serve Japanese citizens looking to conduct business in the United States.

A planned stock offering by the French banking giant would lower its stake in First Hawaiian to 49.9%.

The $17 billion-asset Bank of Hawaii reported higher profits on rising interest income, even as it saw yearly declines in mortgage banking and deposit fee income, as well as losses on investment securities.

The Honolulu bank reported strong loan growth in the fourth quarter, but one-time charges related to the new tax law suppressed its profit.

Hawaiian Tel Federal Credit Union and Hawaiian Airlines FCU have merged to provide members greater branch access, additional services, higher dividends and more.

Here's a look at the 12 housing markets with the largest percentages of mortgages over $500,000 — the new threshold House Republicans have proposed for the mortgage interest deduction in their tax plan.

Hawaii's booming economy contributed to the Honolulu bank's 10% increase in loans and 9% increase in deposits in the third quarter.

The French company will still have a majority stake after selling 25 million shares.

The Honolulu company plans to sell off more shares still owned by BNP Paribas and BancWest.

Bank of Hawaii expanded lending for residential mortgages and commercial real estate, boosting its third-quarter profit.