FHB — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-04

• Hawaii’s economy continues to remain resilient in an environment facing challenges, including from: high consumer prices and housing affordability, both of which are expected to continue with the gradual pass-through of tariffs and the ongoing conflict with Iran; a steady out-migration of its popula…

• Despite these challenges, according to the State of Hawaii Department of Business, Economic Development and Tourism, the statewide seasonally adjusted unemployment rate was 2.3% at February 28, 2026, which is lower than the national seasonally adjusted unemployment rate of 4.4%.

• Tourism also remains stable, with the average daily domestic passenger counts for the three months ended March 31, 2026 six percent higher than the average daily domestic passenger counts during the three months ended March 31, 2025, according to the Hawaii Tourism Authority. Hawaii’s economy depend…

• The local Oahu housing market, particularly condominiums, continues to experience some softening as compared to previous years primarily due to continued high interest rates and prices. According to the Honolulu Board of Realtors, the volume of single-family home sales increased by 10.9%, while cond…

• ●The Provision was $5.0 million for the three months ended March 31, 2026, a decrease of $5.5 million or 52% for the same period in 2025. The decrease in the Provision was primarily due to decreases in the provision for consumer loans, constructions loans and home equity lines and the provision for …

Text removed vs the prior filing · source: 10-Q · 2025-11-03

• Hawaii’s economy as a whole continued to experience mixed economic conditions during the quarter ended September 30, 2025. Although the economy remains resilient, the State continues to endure high consumer prices and housing affordability challenges, which are expected to continue with the gradual …

• Domestic visitor arrivals for the state remain stable, with the average daily domestic passenger counts for the first nine months of 2025 being relatively similar to the average daily domestic passenger counts during the first nine months of 2024, according to the Hawaii Tourism Authority. More gene…

• The local Oahu housing market continues to experience some softening as compared to previous years primarily due to increased interest rates. According to the Honolulu Board of Realtors, the volume of single-family home sales increased by 0.8%, while condominium sales decreased by 3.0%, in each case…

• Our financial performance is highly dependent upon the business environment in the markets in which we operate and therefore may be impacted by a variety of factors such as a decline in economic conditions, natural disasters, financial market volatility, supply chain disruptions, trade policies and …

• These and other key factors could impact our profitability in future reporting periods. See Item 1A. Risk Factors, beginning in the section captioned “Summary of Risk Factors,” included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on February 2…