2014 Q1 Form 10-Q Financial Statement

#000004619514000025 Filed on April 21, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q4 2013 Q1
Revenue $102.6M $98.87M
YoY Change 3.79% -9.48%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $3.649M $3.266M
YoY Change 11.73%
% of Gross Profit
Depreciation & Amortization $3.100M $3.000M $3.100M
YoY Change 0.0% -14.29% -11.43%
% of Gross Profit
Operating Expenses $3.649M $3.266M
YoY Change 11.73%
Operating Profit
YoY Change
Interest Expense $9.384M $10.31M
YoY Change -8.99% -8.59%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $54.45M $55.00M $51.95M
YoY Change 4.82% -8.03% -14.09%
Income Tax $15.86M $15.90M $15.97M
% Of Pretax Income 29.13% 28.91% 30.74%
Net Earnings $38.59M $39.10M $36.00M
YoY Change 7.2% -2.98% -17.81%
Net Earnings / Revenue 37.61% 36.41%
Basic Earnings Per Share $0.87 $0.81
Diluted Earnings Per Share $0.87 $878.7K $0.81
COMMON SHARES
Basic Shares Outstanding 44.19M shares 44.52M shares 44.55M shares
Diluted Shares Outstanding 44.42M shares 44.69M shares

Balance Sheet

Concept 2014 Q1 2013 Q4 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $545.3M $463.7M $283.4M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $107.3M $108.6M $104.8M
YoY Change 2.36% 3.46% -2.01%
Goodwill $31.52M $31.52M $31.52M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $14.26B $14.08B $13.53B
YoY Change 5.45% 2.59% -1.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.000M $5.000M $6.000M
YoY Change 0.0% 0.0% 0.0%
Accrued Expenses $47.00M
YoY Change 11.9%
Deferred Revenue
YoY Change
Short-Term Debt $375.0K $0.00 $815.0M
YoY Change -99.95% -55.63%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $52.00M $40.00M $147.0M
YoY Change -64.63% -71.63% -3.29%
LONG-TERM LIABILITIES
Long-Term Debt $175.0M $175.0M $177.0M
YoY Change -1.13% 36.72% 470.97%
Other Long-Term Liabilities $156.0M $163.0M $108.0M
YoY Change 44.44% 18.12% -11.48%
Total Long-Term Liabilities $331.0M $338.0M $285.0M
YoY Change 16.14% 27.07% 86.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $52.00M $40.00M $147.0M
Total Long-Term Liabilities $331.0M $338.0M $285.0M
Total Liabilities $13.23B $13.07B $12.50B
YoY Change 5.88% 2.88% -2.07%
SHAREHOLDERS EQUITY
Retained Earnings $1.170B $1.152B $1.099B
YoY Change 6.5% 6.2%
Common Stock $525.5M $523.1M $517.9M
YoY Change 1.46% 1.33%
Preferred Stock
YoY Change
Treasury Stock (at cost) $641.3M $631.0M $610.1M
YoY Change 5.1% 3.75%
Treasury Stock Shares 13.15M shares 12.99M shares 12.60M shares
Shareholders Equity $1.029B $1.012B $1.026B
YoY Change
Total Liabilities & Shareholders Equity $14.26B $14.08B $13.53B
YoY Change 5.45% 2.59% -1.7%

Cashflow Statement

Concept 2014 Q1 2013 Q4 2013 Q1
OPERATING ACTIVITIES
Net Income $38.59M $39.10M $36.00M
YoY Change 7.2% -2.98% -17.81%
Depreciation, Depletion And Amortization $3.100M $3.000M $3.100M
YoY Change 0.0% -14.29% -11.43%
Cash From Operating Activities $49.20M $72.90M $27.90M
YoY Change 76.34% -24.92% -43.86%
INVESTING ACTIVITIES
Capital Expenditures -$1.800M -$6.600M -$2.900M
YoY Change -37.93% 371.43% -55.38%
Acquisitions
YoY Change
Other Investing Activities -$93.40M -$198.3M $111.6M
YoY Change -183.69% -57.91% -149.69%
Cash From Investing Activities -$95.10M -$204.8M $108.7M
YoY Change -187.49% -56.66% -147.04%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $10.18M $3.436M
YoY Change 196.25% -86.72%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 127.5M 206.4M -206.1M
YoY Change -161.86% -35.18% 75.26%
NET CHANGE
Cash From Operating Activities 49.20M 72.90M 27.90M
Cash From Investing Activities -95.10M -204.8M 108.7M
Cash From Financing Activities 127.5M 206.4M -206.1M
Net Change In Cash 81.60M 74.50M -69.50M
YoY Change -217.41% -230.7% -76.76%
FREE CASH FLOW
Cash From Operating Activities $49.20M $72.90M $27.90M
Capital Expenditures -$1.800M -$6.600M -$2.900M
Free Cash Flow $51.00M $79.50M $30.80M
YoY Change 65.58% -19.29% -45.2%

Facts In Submission

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CY2013Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
2478594000 USD
CY2014Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
2042458000 USD
CY2014Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
420720000 USD
CY2013Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
301842000 USD
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
166977000 USD
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
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164682000 USD
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
467472000 USD
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
468410000 USD
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
265115000 USD
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
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265529000 USD
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Amortized Cost Basis
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928751000 USD
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Fair Value
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929945000 USD
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
30381000 USD
CY2014Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
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30130000 USD
CY2013Q4 us-gaap Held To Maturity Securities Fair Value
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4697587000 USD
CY2014Q1 us-gaap Held To Maturity Securities Fair Value
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4774032000 USD
CY2014Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
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50093000 USD
CY2014Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
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547000 USD
CY2013Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
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341000 USD
CY2014Q1 us-gaap Impaired Financing Receivable Recorded Investment
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67595000 USD
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ImpairedFinancingReceivableRecordedInvestment
77115000 USD
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ImpairedFinancingReceivableRelatedAllowance
12776000 USD
CY2014Q1 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
12602000 USD
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85425000 USD
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ImpairedFinancingReceivableUnpaidPrincipalBalance
95060000 USD
CY2013Q1 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
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11044000 USD
CY2014Q1 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
24973000 USD
CY2014Q1 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
163000 USD
CY2013Q1 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
0 USD
CY2014Q1 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
21279000 USD
CY2013Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
28666000 USD
CY2014Q1 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
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26549000 USD
CY2013Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
33929000 USD
CY2014Q1 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
47384000 USD
CY2013Q1 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
39049000 USD
CY2014Q1 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
384000 USD
CY2013Q1 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
341000 USD
CY2014Q1 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
46316000 USD
CY2013Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
48449000 USD
CY2013Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
61131000 USD
CY2014Q1 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
58876000 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
51951000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
54454000 USD
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15862000 USD
CY2013Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15971000 USD
CY2014Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
1353000 USD
CY2013Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
6038000 USD
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-277622000 USD
CY2014Q1 us-gaap Increase Decrease In Deposits
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129817000 USD
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23036000 USD
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11557000 USD
CY2013Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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83459 shares
CY2014Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
155130 shares
CY2014Q1 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
2123000 USD
CY2013Q1 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
2325000 USD
CY2014Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
102617000 USD
CY2013Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
98871000 USD
CY2014Q1 us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
10760000 USD
CY2013Q1 us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
15851000 USD
CY2013Q1 us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
19854000 USD
CY2014Q1 us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
27889000 USD
CY2014Q1 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
4085000 USD
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InterestBearingDepositsInBanks
3617000 USD
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InterestExpense
9384000 USD
CY2013Q1 us-gaap Interest Expense
InterestExpense
10311000 USD
CY2013Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
2646000 USD
CY2014Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
2358000 USD
CY2013Q1 us-gaap Interest Expense Federal Funds Purchased
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22000 USD
CY2014Q1 us-gaap Interest Expense Federal Funds Purchased
InterestExpenseFederalFundsPurchased
3000 USD
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626000 USD
CY2013Q1 us-gaap Interest Expense Long Term Debt
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638000 USD
CY2013Q1 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
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7005000 USD
CY2014Q1 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
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6397000 USD
CY2014Q1 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
3000 USD
CY2013Q1 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
3000 USD
CY2014Q1 us-gaap Interest Income Expense After Provision For Loan Loss
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93233000 USD
CY2013Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
88560000 USD
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93233000 USD
CY2013Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
88560000 USD
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59000 USD
CY2014Q1 us-gaap Interest Income Federal Funds Sold
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137000 USD
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InterestIncomeOperating
35705000 USD
CY2014Q1 us-gaap Interest Income Operating
InterestIncomeOperating
38649000 USD
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4284000 USD
CY2014Q1 us-gaap Interest Income Securities Tax Exempt
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5222000 USD
CY2013Q1 us-gaap Interest Income Securities Taxable
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31421000 USD
CY2014Q1 us-gaap Interest Income Securities Taxable
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33427000 USD
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InterestPaid
9316000 USD
CY2014Q1 us-gaap Interest Paid
InterestPaid
8512000 USD
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5743000 USD
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InterestPayableCurrentAndNoncurrent
4871000 USD
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46431000 USD
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43930000 USD
CY2013Q1 us-gaap Labor And Related Expense
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48675000 USD
CY2014Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
46897000 USD
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Liabilities
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Liabilities
13072304000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
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14084280000 USD
CY2014Q1 us-gaap Liabilities And Stockholders Equity
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115454000 USD
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6209857000 USD
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6095387000 USD
CY2013Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
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5782969000 USD
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6095731000 USD
CY2013Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
5979933000 USD
CY2014Q1 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
6248862000 USD
CY2013Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
6062147000 USD
CY2013Q4 us-gaap Loans Receivable Held For Sale Net
LoansReceivableHeldForSaleNet
6435000 USD
CY2014Q1 us-gaap Loans Receivable Held For Sale Net
LoansReceivableHeldForSaleNet
2437000 USD
CY2014Q1 us-gaap Long Term Debt
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CY2013Q4 us-gaap Long Term Debt
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CY2013Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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127457000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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-95126000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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27879000 USD
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49241000 USD
CY2014Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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38592000 USD
CY2013Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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35980000 USD
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NoninterestIncome
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CY2014Q1 us-gaap Noninterest Income
NoninterestIncome
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CY2014Q1 us-gaap Occupancy Net
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CY2013Q1 us-gaap Occupancy Net
OccupancyNet
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CY2013Q4 us-gaap Other Assets
OtherAssets
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CY2014Q1 us-gaap Other Assets
OtherAssets
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CY2014Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
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-258000 USD
CY2013Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
-128000 USD
CY2014Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-156000 USD
CY2013Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-78000 USD
CY2013Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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CY2013Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
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-81000 USD
CY2014Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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-102000 USD
CY2013Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-50000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-80000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-81000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
-49000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
-48000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
-32000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
-32000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2014Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
6473000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
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CY2014Q1 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
10622000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
6427000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-9563000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
6427000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
-206000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-414000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-339000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-205000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-251000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-163000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-134000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
4195000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-6211000 USD
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-12595000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
10697000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
6473000 USD
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-7638000 USD
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-4957000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
4224000 USD
CY2013Q1 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
284000 USD
CY2014Q1 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
302000 USD
CY2013Q4 us-gaap Other Liabilities
OtherLiabilities
128168000 USD
CY2014Q1 us-gaap Other Liabilities
OtherLiabilities
120811000 USD
CY2013Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
14059000 USD
CY2014Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
14645000 USD
CY2013Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
226325000 USD
CY2014Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
34390000 USD
CY2014Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
116377000 USD
CY2013Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-69411000 USD
CY2014Q1 us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
1772000 USD
CY2013Q1 us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
2946000 USD
CY2013Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
8299000 USD
CY2014Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
14284000 USD
CY2014Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
20073000 USD
CY2013Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
20230000 USD
CY2014Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
31268000 USD
CY2013Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
246146000 USD
CY2014Q1 us-gaap Payments To Acquire Held To Maturity Securities
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CY2014Q1 us-gaap Use Of Estimates
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates in the Preparation of Financial Statements</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts in the financial statements and accompanying notes.&#160; Actual results may differ from those estimates and such differences could be material to the financial statements.</font></div></div>
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2013Q4 boh Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulated In Investments
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-9641000 USD
CY2014Q1 boh Change In Unrealized Gains And Losses On Investment Securities Available For Sale Net Of Tax
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6271000 USD
CY2013Q4 boh Credit Commitments Total
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5012000 USD
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CY2014Q1 boh Federal And State Effective Tax Rate Used For Segment Reporting
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0.37
CY2013Q1 boh Fees And Commissions Trust And Asset Management Activities
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CY2014Q1 boh Financing Receivable Modifications Defaulted In Current Period Number Of Contracts
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CY2013Q1 boh Financing Receivable Modifications Defaulted In Current Period Number Of Contracts
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2686000 USD
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CY2014Q1 boh Funds Sold
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FundsSold
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CY2013Q1 boh Gain On Sale Of Investment Securities Gross
GainOnSaleOfInvestmentSecuritiesGross
0 USD
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2160000 USD
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17105000 USD
CY2014Q1 boh Heldtomaturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
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37804000 USD
CY2013Q1 boh Incremental Common Shares Attributable To Restricted Stock
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CY2014Q1 boh Incremental Common Shares Attributable To Restricted Stock
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CY2013Q1 boh Interest And Fee Income For Loans And Leases
InterestAndFeeIncomeForLoansAndLeases
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CY2014Q1 boh Interest And Fee Income For Loans And Leases
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CY2013Q4 boh Interest Bearing Demand Deposit Liabilities
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CY2014Q1 boh Interest Bearing Demand Deposit Liabilities
InterestBearingDemandDepositLiabilities
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CY2014Q1 boh Loans Carrying Amount
LoansCarryingAmount
5841620000 USD
CY2013Q4 boh Loans Carrying Amount
LoansCarryingAmount
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CY2013Q4 boh Long Term Debt Excluding Capital Lease Obligations
LongTermDebtExcludingCapitalLeaseObligations
165877000 USD
CY2014Q1 boh Long Term Debt Excluding Capital Lease Obligations
LongTermDebtExcludingCapitalLeaseObligations
165877000 USD
CY2014Q1 boh Long Term Debt Excluding Capital Lease Obligations Fair Value
LongTermDebtExcludingCapitalLeaseObligationsFairValue
167026000 USD
CY2013Q4 boh Long Term Debt Excluding Capital Lease Obligations Fair Value
LongTermDebtExcludingCapitalLeaseObligationsFairValue
167049000 USD
CY2013Q1 boh Loss On Sale Of Investment Securities Gross
LossOnSaleOfInvestmentSecuritiesGross
0 USD
CY2014Q1 boh Loss On Sale Of Investment Securities Gross
LossOnSaleOfInvestmentSecuritiesGross
0 USD
CY2013Q1 boh Mortgage Banking Income
MortgageBankingIncome
6411000 USD
CY2014Q1 boh Mortgage Banking Income
MortgageBankingIncome
2005000 USD
CY2014Q1 boh Mortgage Servicing Rights
MortgageServicingRights
27378000 USD
CY2013Q4 boh Mortgage Servicing Rights
MortgageServicingRights
28123000 USD
CY2014Q1 boh Municipal Debt Securities Issuedby One Single Stateor Political Subdivisionas Percentageof Total Fair Valueof Entire Municipal Debt Securities Threshold
MunicipalDebtSecuritiesIssuedbyOneSingleStateorPoliticalSubdivisionasPercentageofTotalFairValueofEntireMunicipalDebtSecuritiesThreshold
0.10
CY2014Q1 boh Net Unrealized Gain Losson Investment Securitiesnetoftax
NetUnrealizedGainLossonInvestmentSecuritiesnetoftax
6271000 USD
CY2013Q1 boh Net Unrealized Gain Losson Investment Securitiesnetoftax
NetUnrealizedGainLossonInvestmentSecuritiesnetoftax
-9641000 USD
CY2013Q4 boh Noninterest Bearing Demand Deposit Liabilities
NoninterestBearingDemandDepositLiabilities
3681128000 USD
CY2014Q1 boh Noninterest Bearing Demand Deposit Liabilities
NoninterestBearingDemandDepositLiabilities
3679410000 USD
CY2013Q1 boh Noninterest Income And Other Operating Income
NoninterestIncomeAndOtherOperatingIncome
4624000 USD
CY2014Q1 boh Noninterest Income And Other Operating Income
NoninterestIncomeAndOtherOperatingIncome
3209000 USD
CY2014Q1 boh Number Of Investment Securities In Unrealized Loss Position
NumberOfInvestmentSecuritiesInUnrealizedLossPosition
261 security
CY2014Q1 boh Other Comprehensive Income Reclassification Adjustmentfor Saleof Securities Includedin Net Incomeand Amortizationof Gains Reclassification Held To Maturityafter Tax
OtherComprehensiveIncomeReclassificationAdjustmentforSaleofSecuritiesIncludedinNetIncomeandAmortizationofGainsReclassificationHeldToMaturityafterTax
202000 USD
CY2013Q1 boh Other Comprehensive Income Reclassification Adjustmentfor Saleof Securities Includedin Net Incomeand Amortizationof Gains Reclassification Held To Maturityafter Tax
OtherComprehensiveIncomeReclassificationAdjustmentforSaleofSecuritiesIncludedinNetIncomeandAmortizationofGainsReclassificationHeldToMaturityafterTax
2003000 USD
CY2014Q1 boh Other Comprehensive Income Reclassification Adjustmentfor Saleof Securities Includedin Net Incomeand Amortizationof Gains Reclassification Held To Maturitybefore Tax
OtherComprehensiveIncomeReclassificationAdjustmentforSaleofSecuritiesIncludedinNetIncomeandAmortizationofGainsReclassificationHeldToMaturitybeforeTax
333000 USD
CY2013Q1 boh Other Comprehensive Income Reclassification Adjustmentfor Saleof Securities Includedin Net Incomeand Amortizationof Gains Reclassification Held To Maturitybefore Tax
OtherComprehensiveIncomeReclassificationAdjustmentforSaleofSecuritiesIncludedinNetIncomeandAmortizationofGainsReclassificationHeldToMaturitybeforeTax
3307000 USD
CY2013Q1 boh Other Comprehensive Income Unrealized Losses On Investment Securities Before Tax
OtherComprehensiveIncomeUnrealizedLossesOnInvestmentSecuritiesBeforeTax
-15902000 USD
CY2014Q1 boh Other Comprehensive Income Unrealized Losses On Investment Securities Before Tax
OtherComprehensiveIncomeUnrealizedLossesOnInvestmentSecuritiesBeforeTax
10364000 USD
CY2014Q1 boh Period Of Time Monthly Payments Lowered To Accommodate Borrowers Financial Needs
PeriodOfTimeMonthlyPaymentsLoweredToAccommodateBorrowersFinancialNeeds
P2Y
CY2014Q1 boh Residential Mortgage Loans Serviced For Third Parties
ResidentialMortgageLoansServicedForThirdParties
3100000000 USD
CY2013Q4 boh Residential Mortgage Loans Serviced For Third Parties
ResidentialMortgageLoansServicedForThirdParties
3100000000 USD
CY2013Q1 boh Service Charges On Deposit Accounts
ServiceChargesOnDepositAccounts
9301000 USD
CY2014Q1 boh Service Charges On Deposit Accounts
ServiceChargesOnDepositAccounts
8878000 USD
CY2014Q1 boh Stock Issued During Period Value Purchase And Equity Compensation Plans
StockIssuedDuringPeriodValuePurchaseAndEquityCompensationPlans
4458000 USD
CY2013Q1 boh Stock Issued During Period Value Purchase And Equity Compensation Plans
StockIssuedDuringPeriodValuePurchaseAndEquityCompensationPlans
5271000 USD
CY2013Q1 boh Taxeffecton Unrealizedgainlosson Investment Securities
TaxeffectonUnrealizedgainlossonInvestmentSecurities
-6261000 USD
CY2014Q1 boh Taxeffecton Unrealizedgainlosson Investment Securities
TaxeffectonUnrealizedgainlossonInvestmentSecurities
4093000 USD
CY2014Q1 boh Taxes Payable And Deferred Taxes
TaxesPayableAndDeferredTaxes
45811000 USD
CY2013Q4 boh Taxes Payable And Deferred Taxes
TaxesPayableAndDeferredTaxes
34907000 USD
CY2014Q1 boh Thetaxeffectofothercomprehensiveincomereclassificationforgainlossonsaleofsecuritiesincludedinnetincomeandamortizationofgainslosseson Afs Securitiestransferredto Htm.
ThetaxeffectofothercomprehensiveincomereclassificationforgainlossonsaleofsecuritiesincludedinnetincomeandamortizationofgainslossesonAFSSecuritiestransferredtoHTM.
131000 USD
CY2013Q1 boh Thetaxeffectofothercomprehensiveincomereclassificationforgainlossonsaleofsecuritiesincludedinnetincomeandamortizationofgainslosseson Afs Securitiestransferredto Htm.
ThetaxeffectofothercomprehensiveincomereclassificationforgainlossonsaleofsecuritiesincludedinnetincomeandamortizationofgainslossesonAFSSecuritiestransferredtoHTM.
1304000 USD
CY2014Q1 dei Amendment Flag
AmendmentFlag
false
CY2014Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2014Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-31
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000046195
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
44429905 shares
CY2014Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
BANK OF HAWAII CORP

Files In Submission

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boh-20140331_pre.xml Edgar Link unprocessable
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