Bank Of Hawaii Corporation
Bank of Hawaii Corporation is a Delaware corporation and a bank holding company
("BHC") headquartered in Honolulu, Hawaii. The Parents principal operating
subsidiary, Bank of Hawaii, was organized on December 17, 1897 and is chartered
by the State of Hawaii. The Banks deposits are insured by the Federal Deposit
Insurance Corporation and the Bank is a member of the Federal Reserve System.
The Bank, directly and through its subsidiaries, provides a broad range of
financial products and services primarily to customers in Hawaii, Guam, and
other Pacific Islands. The Banks subsidiaries include Bank of Hawaii Leasing,
Inc., Bankoh Investment Services, Inc., and Pacific Century Life Insurance Corporation.
The Banks subsidiaries are engaged in equipment leasing, securities brokerage,
investment advisory services, and providing credit insurance.
We are organized into four business segments for management reporting purposes:
Retail Banking, Commercial Banking, Investment Services, and Treasury and Other.
ur operations are subject to extensive regulation by federal and state governmental
authorities. The regulations are primarily intended to protect depositors, customers,
and the integrity of the U.S. banking system and capital markets. The following
information describes some of the more significant laws and regulations applicable
to us. The descriptions are qualified in their entirety by reference to the
applicable laws and regulations. Proposals to change the laws and regulations
governing the banking industry are frequently raised in Congress, in state legislatures,
and with the various bank regulatory agencies. Changes in applicable laws or
regulations, or a change in the way such laws or regulations are interpreted
by regulatory agencies or courts, may have a material impact on our business,
operations, and earnings.
