Bank of Hawaii (BOH) in Honolulu will exit the American Samoa market in the first quarter by closing its two branches in the U.S. territory.

The $13.9 billion-asset company decided in 2000 to focus on its core markets of Hawaii and Guam but had opted to keep its presence in American Samoa, Hobbs Lowson, the company's district manager for American Samoa, said in a press release Friday. But it's become "increasingly difficult" to maintain the branches "due to its geographic isolation from our other markets," he said.

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