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Click on individual bank names in the table below to access American Banker's coverage of each company's earnings report. Links to relevant coverage, filings, releases, and bank benchmark profile data can be found in the Related Links area of each article.
April 29
Bank of Hawaii Corp. in Honolulu said Monday that its first-quarter earnings rose 4.4% from a year earlier, to $42.4 million.
Earnings improved largely because the $13 billion-asset company reduced its loan-loss provision by 77% from a year earlier, to $4.7 million. Net chargeoffs fell 74%, to $4.7 million.
Total loans fell 5%, to $5.3 million. Still, growth in commercial loans partly offset declines in consumer loans, Bank of Hawaii said. Peter Ho, the chairman, president and chief executive, said in a press release that he expects the aftermath from Japan's earthquakes and tsunami to affect Hawaii's economy "somewhat in the short term."
