http://fasb.org/us-gaap/2025#CostApproachValuationTechniqueMemberhttp://fasb.org/us-gaap/2025#ValuationTechniqueDiscountedCashFlowMemberhttp://fasb.org/us-gaap/2025#NoninterestIncomeOtherOperatingIncomehttp://fasb.org/us-gaap/2025#NoninterestIncomeOtherOperatingIncomehttp://fasb.org/us-gaap/2025#NoninterestIncomeOtherOperatingIncomehttp://fasb.org/us-gaap/2025#NoninterestIncomeOtherOperatingIncomehttp://fasb.org/us-gaap/2025#NoninterestIncomeOtherOperatingIncomehttp://fasb.org/us-gaap/2025#NoninterestIncomeOtherOperatingIncomehttp://fasb.org/us-gaap/2025#NoninterestIncomeOtherOperatingIncomehttp://fasb.org/us-gaap/2025#NoninterestIncomeOtherOperatingIncomehttp://fasb.org/us-gaap/2025#CostApproachValuationTechniqueMemberhttp://fasb.org/us-gaap/2025#ValuationTechniqueDiscountedCashFlowMember0000036377--12-312025Q3falsehttp://fasb.org/us-gaap/2025#IncomeTaxExpenseBenefithttp://fasb.org/us-gaap/2025#IncomeTaxExpenseBenefithttp://fasb.org/us-gaap/2025#IncomeTaxExpenseBenefithttp://fasb.org/us-gaap/2025#IncomeTaxExpenseBenefithttp://fasb.org/us-gaap/2025#OtherAssetshttp://fasb.org/us-gaap/2025#OtherAssetshttp://fasb.org/us-gaap/2025#ProfitLosshttp://fasb.org/us-gaap/2025#ProfitLosshttp://fasb.org/us-gaap/2025#ProfitLosshttp://fasb.org/us-gaap/2025#ProfitLosshttp://fasb.org/us-gaap/2025#IncomeTaxExpenseBenefithttp://fasb.org/us-gaap/2025#IncomeTaxExpenseBenefithttp://fasb.org/us-gaap/2025#IncomeTaxExpenseBenefithttp://fasb.org/us-gaap/2025#IncomeTaxExpenseBenefithttp://fasb.org/us-gaap/2025#OtherLiabilitieshttp://fasb.org/us-gaap/2025#OtherLiabilitieshttp://fasb.org/us-gaap/2025#OtherAssetshttp://fasb.org/us-gaap/2025#OtherAssets0000036377us-gaap:CommonStockMember2025-07-012025-09-300000036377us-gaap:CommonStockMember2024-07-012024-09-300000036377us-gaap:TreasuryStockCommonMember2025-09-300000036377us-gaap:RetainedEarningsMember2025-09-300000036377us-gaap:AdditionalPaidInCapitalMember2025-09-300000036377us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2025-09-300000036377us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2025-09-300000036377us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2025-09-300000036377fhb:HeldToMaturityInvestmentSecuritiesMember2025-09-300000036377us-gaap:TreasuryStockCommonMember2025-06-300000036377us-gaap:RetainedEarningsMember2025-06-300000036377us-gaap:AdditionalPaidInCapitalMember2025-06-300000036377us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2025-06-300000036377us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2025-06-300000036377us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2025-06-300000036377fhb:HeldToMaturityInvestmentSecuritiesMember2025-06-300000036377us-gaap:TreasuryStockCommonMember2024-12-310000036377us-gaap:RetainedEarningsMember2024-12-310000036377us-gaap:AdditionalPaidInCapitalMember2024-12-310000036377us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2024-12-310000036377us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2024-12-310000036377us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2024-12-310000036377fhb:HeldToMaturityInvestmentSecuritiesMember2024-12-310000036377us-gaap:TreasuryStockCommonMember2024-09-300000036377us-gaap:RetainedEarningsMember2024-09-300000036377us-gaap:AdditionalPaidInCapitalMember2024-09-300000036377us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2024-09-300000036377us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2024-09-300000036377us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2024-09-300000036377fhb:HeldToMaturityInvestmentSecuritiesMember2024-09-300000036377us-gaap:TreasuryStockCommonMember2024-06-300000036377us-gaap:RetainedEarningsMember2024-06-300000036377us-gaap:AdditionalPaidInCapitalMember2024-06-300000036377us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2024-06-300000036377us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2024-06-300000036377us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2024-06-300000036377fhb:HeldToMaturityInvestmentSecuritiesMember2024-06-300000036377us-gaap:TreasuryStockCommonMember2023-12-310000036377us-gaap:RetainedEarningsMember2023-12-310000036377us-gaap:AdditionalPaidInCapitalMember2023-12-310000036377us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2023-12-310000036377us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2023-12-310000036377us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2023-12-310000036377fhb:HeldToMaturityInvestmentSecuritiesMember2023-12-310000036377us-gaap:FederalHomeLoanBankAdvancesMember2024-09-300000036377us-gaap:TreasuryStockCommonMember2025-07-012025-09-300000036377us-gaap:FinancialServiceOtherMemberfhb:TreasuryAndOtherBusinessSegmentMember2025-07-012025-09-300000036377us-gaap:FinancialServiceOtherMemberfhb:RetailBankingBusinessSegmentMember2025-07-012025-09-300000036377us-gaap:FinancialServiceOtherMemberfhb:CommercialBankingBusinessSegmentMember2025-07-012025-09-300000036377us-gaap:FiduciaryAndTrustMemberfhb:RetailBankingBusinessSegmentMember2025-07-012025-09-300000036377us-gaap:DepositAccountMemberfhb:TreasuryAndOtherBusinessSegmentMember2025-07-012025-09-300000036377us-gaap:DepositAccountMemberfhb:RetailBankingBusinessSegmentMember2025-07-012025-09-300000036377us-gaap:DepositAccountMemberfhb:CommercialBankingBusinessSegmentMember2025-07-012025-09-300000036377us-gaap:CreditAndDebitCardMemberfhb:TreasuryAndOtherBusinessSegmentMember2025-07-012025-09-300000036377us-gaap:CreditAndDebitCardMemberfhb:CommercialBankingBusinessSegmentMember2025-07-012025-09-300000036377fhb:OtherProductsAndServicesMemberfhb:TreasuryAndOtherBusinessSegmentMember2025-07-012025-09-300000036377fhb:OtherProductsAndServicesMemberfhb:RetailBankingBusinessSegmentMember2025-07-012025-09-300000036377fhb:OtherProductsAndServicesMemberfhb:CommercialBankingBusinessSegmentMember2025-07-012025-09-300000036377us-gaap:FinancialServiceOtherMember2025-07-012025-09-300000036377us-gaap:FiduciaryAndTrustMember2025-07-012025-09-300000036377us-gaap:DepositAccountMember2025-07-012025-09-300000036377us-gaap:CreditAndDebitCardMember2025-07-012025-09-300000036377fhb:OtherProductsAndServicesMember2025-07-012025-09-300000036377us-gaap:FinancialServiceOtherMemberfhb:TreasuryAndOtherBusinessSegmentMember2025-01-012025-09-300000036377us-gaap:FinancialServiceOtherMemberfhb:RetailBankingBusinessSegmentMember2025-01-012025-09-300000036377us-gaap:FinancialServiceOtherMemberfhb:CommercialBankingBusinessSegmentMember2025-01-012025-09-300000036377us-gaap:FiduciaryAndTrustMemberfhb:RetailBankingBusinessSegmentMember2025-01-012025-09-300000036377us-gaap:DepositAccountMemberfhb:TreasuryAndOtherBusinessSegmentMember2025-01-012025-09-300000036377us-gaap:DepositAccountMemberfhb:RetailBankingBusinessSegmentMember2025-01-012025-09-300000036377us-gaap:DepositAccountMemberfhb:CommercialBankingBusinessSegmentMember2025-01-012025-09-300000036377us-gaap:CreditAndDebitCardMemberfhb:TreasuryAndOtherBusinessSegmentMember2025-01-012025-09-300000036377us-gaap:CreditAndDebitCardMemberfhb:CommercialBankingBusinessSegmentMember2025-01-012025-09-300000036377fhb:OtherProductsAndServicesMemberfhb:TreasuryAndOtherBusinessSegmentMember2025-01-012025-09-300000036377fhb:OtherProductsAndServicesMemberfhb:RetailBankingBusinessSegmentMember2025-01-012025-09-300000036377fhb:OtherProductsAndServicesMemberfhb:CommercialBankingBusinessSegmentMember2025-01-012025-09-300000036377us-gaap:FinancialServiceOtherMember2025-01-012025-09-300000036377us-gaap:FiduciaryAndTrustMember2025-01-012025-09-300000036377us-gaap:DepositAccountMember2025-01-012025-09-300000036377us-gaap:CreditAndDebitCardMember2025-01-012025-09-300000036377fhb:OtherProductsAndServicesMember2025-01-012025-09-300000036377us-gaap:FinancialServiceOtherMemberfhb:TreasuryAndOtherBusinessSegmentMember2024-07-012024-09-300000036377us-gaap:FinancialServiceOtherMemberfhb:RetailBankingBusinessSegmentMember2024-07-012024-09-300000036377us-gaap:FinancialServiceOtherMemberfhb:CommercialBankingBusinessSegmentMember2024-07-012024-09-300000036377us-gaap:FiduciaryAndTrustMemberfhb:RetailBankingBusinessSegmentMember2024-07-012024-09-300000036377us-gaap:DepositAccountMemberfhb:TreasuryAndOtherBusinessSegmentMember2024-07-012024-09-300000036377us-gaap:DepositAccountMemberfhb:RetailBankingBusinessSegmentMember2024-07-012024-09-300000036377us-gaap:DepositAccountMemberfhb:CommercialBankingBusinessSegmentMember2024-07-012024-09-300000036377us-gaap:CreditAndDebitCardMemberfhb:TreasuryAndOtherBusinessSegmentMember2024-07-012024-09-300000036377us-gaap:CreditAndDebitCardMemberfhb:CommercialBankingBusinessSegmentMember2024-07-012024-09-300000036377fhb:OtherProductsAndServicesMemberfhb:TreasuryAndOtherBusinessSegmentMember2024-07-012024-09-300000036377fhb:OtherProductsAndServicesMemberfhb:RetailBankingBusinessSegmentMember2024-07-012024-09-300000036377fhb:OtherProductsAndServicesMemberfhb:CommercialBankingBusinessSegmentMember2024-07-012024-09-300000036377us-gaap:FinancialServiceOtherMember2024-07-012024-09-300000036377us-gaap:FiduciaryAndTrustMember2024-07-012024-09-300000036377us-gaap:DepositAccountMember2024-07-012024-09-300000036377us-gaap:CreditAndDebitCardMember2024-07-012024-09-300000036377fhb:OtherProductsAndServicesMember2024-07-012024-09-300000036377us-gaap:FinancialServiceOtherMemberfhb:TreasuryAndOtherBusinessSegmentMember2024-01-012024-09-300000036377us-gaap:FinancialServiceOtherMemberfhb:RetailBankingBusinessSegmentMember2024-01-012024-09-300000036377us-gaap:FinancialServiceOtherMemberfhb:CommercialBankingBusinessSegmentMember2024-01-012024-09-300000036377us-gaap:FiduciaryAndTrustMemberfhb:RetailBankingBusinessSegmentMember2024-01-012024-09-300000036377us-gaap:DepositAccountMemberfhb:TreasuryAndOtherBusinessSegmentMember2024-01-012024-09-300000036377us-gaap:DepositAccountMemberfhb:RetailBankingBusinessSegmentMember2024-01-012024-09-300000036377us-gaap:DepositAccountMemberfhb:CommercialBankingBusinessSegmentMember2024-01-012024-09-300000036377us-gaap:CreditAndDebitCardMemberfhb:TreasuryAndOtherBusinessSegmentMember2024-01-012024-09-300000036377us-gaap:CreditAndDebitCardMemberfhb:CommercialBankingBusinessSegmentMember2024-01-012024-09-300000036377fhb:OtherProductsAndServicesMemberfhb:TreasuryAndOtherBusinessSegmentMember2024-01-012024-09-300000036377fhb:OtherProductsAndServicesMemberfhb:RetailBankingBusinessSegmentMember2024-01-012024-09-300000036377fhb:OtherProductsAndServicesMemberfhb:CommercialBankingBusinessSegmentMember2024-01-012024-09-300000036377us-gaap:FinancialServiceOtherMember2024-01-012024-09-300000036377us-gaap:FiduciaryAndTrustMember2024-01-012024-09-300000036377us-gaap:DepositAccountMember2024-01-012024-09-300000036377us-gaap:CreditAndDebitCardMember2024-01-012024-09-300000036377fhb:OtherProductsAndServicesMember2024-01-012024-09-300000036377fhb:AociAmortizationOfUnrealizedHoldingLossesDebtSecuritiesHeldToMaturitySecuritiesMember2025-07-012025-09-300000036377fhb:AociAmortizationOfUnrealizedHoldingLossesDebtSecuritiesHeldToMaturitySecuritiesMember2025-01-012025-09-300000036377fhb:AociAmortizationOfUnrealizedHoldingLossesDebtSecuritiesHeldToMaturitySecuritiesMember2024-07-012024-09-300000036377fhb:AociAmortizationOfUnrealizedHoldingLossesDebtSecuritiesHeldToMaturitySecuritiesMember2024-01-012024-09-300000036377us-gaap:RealEstateOtherMember2025-09-300000036377us-gaap:RealEstateOtherMember2024-12-310000036377us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMemberus-gaap:OtherLiabilitiesMember2025-09-300000036377us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMemberus-gaap:OtherLiabilitiesMember2024-12-310000036377us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-07-012025-09-300000036377us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2025-07-012025-09-300000036377fhb:HeldToMaturityInvestmentSecuritiesMember2025-07-012025-09-300000036377us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-01-012025-09-300000036377us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2025-01-012025-09-300000036377fhb:HeldToMaturityInvestmentSecuritiesMember2025-01-012025-09-300000036377us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-07-012024-09-300000036377us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2024-07-012024-09-300000036377fhb:HeldToMaturityInvestmentSecuritiesMember2024-07-012024-09-300000036377us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-01-012024-09-300000036377us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2024-01-012024-09-300000036377fhb:HeldToMaturityInvestmentSecuritiesMember2024-01-012024-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2025-09-300000036377us-gaap:RealEstateLoanMemberus-gaap:UnfundedLoanCommitmentMember2025-09-300000036377us-gaap:HomeEquityLoanMemberus-gaap:UnfundedLoanCommitmentMember2025-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2025-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2025-09-300000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2025-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2025-09-300000036377us-gaap:UnfundedLoanCommitmentMember2025-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2025-06-300000036377us-gaap:HomeEquityLoanMemberus-gaap:UnfundedLoanCommitmentMember2025-06-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2025-06-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2025-06-300000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2025-06-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2025-06-300000036377us-gaap:UnfundedLoanCommitmentMember2025-06-300000036377us-gaap:RealEstateLoanMemberus-gaap:UnfundedLoanCommitmentMember2024-12-310000036377us-gaap:HomeEquityLoanMemberus-gaap:UnfundedLoanCommitmentMember2024-12-310000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-12-310000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-12-310000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-12-310000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-12-310000036377us-gaap:UnfundedLoanCommitmentMember2024-12-310000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-09-300000036377us-gaap:RealEstateLoanMemberus-gaap:UnfundedLoanCommitmentMember2024-09-300000036377us-gaap:HomeEquityLoanMemberus-gaap:UnfundedLoanCommitmentMember2024-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-09-300000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-09-300000036377us-gaap:UnfundedLoanCommitmentMember2024-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-06-300000036377us-gaap:HomeEquityLoanMemberus-gaap:UnfundedLoanCommitmentMember2024-06-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-06-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-06-300000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-06-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-06-300000036377us-gaap:UnfundedLoanCommitmentMember2024-06-300000036377us-gaap:RealEstateLoanMemberus-gaap:UnfundedLoanCommitmentMember2023-12-310000036377us-gaap:HomeEquityLoanMemberus-gaap:UnfundedLoanCommitmentMember2023-12-310000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2023-12-310000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2023-12-310000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2023-12-310000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2023-12-310000036377us-gaap:UnfundedLoanCommitmentMember2023-12-310000036377fhb:AccumulatedNetUnrealizedInvestmentGainLossAvailableForSaleAndHeldToMaturityMember2025-07-012025-09-300000036377fhb:AccumulatedNetUnrealizedInvestmentGainLossAvailableForSaleAndHeldToMaturityMember2025-01-012025-09-300000036377us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2024-07-012024-09-300000036377fhb:AccumulatedNetUnrealizedInvestmentGainLossAvailableForSaleAndHeldToMaturityMember2024-07-012024-09-300000036377us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2024-01-012024-09-300000036377fhb:AccumulatedNetUnrealizedInvestmentGainLossAvailableForSaleAndHeldToMaturityMember2024-01-012024-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:AssetPledgedAsCollateralMember2025-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:AssetPledgedAsCollateralMember2024-12-310000036377fhb:FirstHawaiianIncorporatedMember2025-09-300000036377us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2025-09-300000036377us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2024-12-310000036377fhb:TreasuryAndOtherBusinessSegmentMember2025-07-012025-09-300000036377fhb:RetailBankingBusinessSegmentMember2025-07-012025-09-300000036377fhb:CommercialBankingBusinessSegmentMember2025-07-012025-09-300000036377fhb:TreasuryAndOtherBusinessSegmentMember2025-01-012025-09-300000036377fhb:RetailBankingBusinessSegmentMember2025-01-012025-09-300000036377fhb:CommercialBankingBusinessSegmentMember2025-01-012025-09-300000036377fhb:TreasuryAndOtherBusinessSegmentMember2024-07-012024-09-300000036377fhb:RetailBankingBusinessSegmentMember2024-07-012024-09-300000036377fhb:CommercialBankingBusinessSegmentMember2024-07-012024-09-300000036377fhb:TreasuryAndOtherBusinessSegmentMember2024-01-012024-09-300000036377fhb:RetailBankingBusinessSegmentMember2024-01-012024-09-300000036377fhb:CommercialBankingBusinessSegmentMember2024-01-012024-09-300000036377us-gaap:ServicingContractsMember2025-09-300000036377us-gaap:ServicingContractsMember2024-12-310000036377fhb:HomeEquityLinePortfolioSegmentMember2025-09-300000036377us-gaap:ConstructionLoansMember2025-09-300000036377fhb:HomeEquityLinePortfolioSegmentMember2024-12-310000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2024-07-012024-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:HomeEquityLoanMember2025-01-012025-09-300000036377us-gaap:CommercialPortfolioSegmentMember2025-01-012025-09-300000036377fhb:CommercialResidentialAndConsumerFinancingReceivablesMember2025-01-012025-09-300000036377us-gaap:ConsumerPortfolioSegmentMember2024-01-012024-12-310000036377us-gaap:CommercialRealEstatePortfolioSegmentMember2024-01-012024-12-310000036377us-gaap:CommercialPortfolioSegmentMember2024-01-012024-12-310000036377fhb:CommercialResidentialAndConsumerFinancingReceivablesMember2024-01-012024-12-310000036377fhb:CommercialAndIndustrialPortfolioSegmentMember2024-01-012024-12-310000036377fhb:ResidentialRealEstateAndCommercialRealEstateLoansMemberus-gaap:AssetPledgedAsCollateralMemberus-gaap:FederalHomeLoanBankAdvancesMember2025-09-300000036377fhb:ConsumerCommercialAndIndustrialCommercialRealEstateAndResidentialRealEstateLoansMemberus-gaap:AssetPledgedAsCollateralMemberus-gaap:FederalReserveBankAdvancesMember2025-09-300000036377us-gaap:FederalReserveBankAdvancesMemberus-gaap:AssetPledgedAsCollateralMember2025-09-300000036377us-gaap:FederalHomeLoanBankAdvancesMemberus-gaap:AssetPledgedAsCollateralMember2025-09-300000036377us-gaap:DepositsMemberus-gaap:AssetPledgedAsCollateralWithRightMember2025-09-300000036377fhb:ResidentialRealEstateAndCommercialRealEstateLoansMemberus-gaap:AssetPledgedAsCollateralMemberus-gaap:FederalHomeLoanBankAdvancesMember2024-12-310000036377fhb:ConsumerCommercialAndIndustrialCommercialRealEstateAndResidentialRealEstateLoansMemberus-gaap:AssetPledgedAsCollateralMemberus-gaap:FederalReserveBankAdvancesMember2024-12-310000036377us-gaap:InterestRateSwapMemberus-gaap:AssetPledgedAsCollateralWithoutRightMember2024-12-310000036377us-gaap:FederalReserveBankAdvancesMemberus-gaap:AssetPledgedAsCollateralMember2024-12-310000036377us-gaap:FederalHomeLoanBankAdvancesMemberus-gaap:AssetPledgedAsCollateralMember2024-12-310000036377us-gaap:DepositsMemberus-gaap:AssetPledgedAsCollateralWithRightMember2024-12-310000036377us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2025-09-300000036377us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2025-09-300000036377us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2024-12-310000036377us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2024-12-310000036377fhb:ConversionRateSwapAgreementMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMember2025-09-300000036377fhb:ConversionRateSwapAgreementMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMember2025-06-300000036377fhb:ConversionRateSwapAgreementMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMember2024-12-310000036377fhb:ConversionRateSwapAgreementMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMember2024-09-300000036377fhb:ConversionRateSwapAgreementMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMember2024-06-300000036377fhb:ConversionRateSwapAgreementMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMember2023-12-310000036377fhb:ConversionRateSwapAgreementMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMember2025-07-012025-09-300000036377fhb:ConversionRateSwapAgreementMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMember2025-01-012025-09-300000036377fhb:ConversionRateSwapAgreementMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMember2024-07-012024-09-300000036377fhb:ConversionRateSwapAgreementMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMember2024-01-012024-09-300000036377us-gaap:LetterOfCreditMember2025-09-300000036377us-gaap:LetterOfCreditMember2024-12-310000036377us-gaap:FairValueInputsLevel3Member2025-09-300000036377us-gaap:FairValueInputsLevel3Member2024-12-310000036377fhb:PrivateEnterprisesIssuerMember2025-09-300000036377fhb:PrivateEnterprisesIssuerMember2024-12-310000036377fhb:O2025Q3DividendsMemberus-gaap:CommonStockMemberus-gaap:SubsequentEventMember2025-10-310000036377fhb:O2025Q3DividendsMemberus-gaap:CommonStockMemberus-gaap:SubsequentEventMember2025-10-012025-10-310000036377us-gaap:InterestRateFloorMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2025-09-300000036377us-gaap:ForeignExchangeContractMemberus-gaap:NondesignatedMember2025-09-300000036377us-gaap:InterestRateSwapMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-12-310000036377us-gaap:ForeignExchangeContractMemberus-gaap:NondesignatedMember2024-12-310000036377us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-09-300000036377us-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMember2025-09-300000036377us-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMember2024-12-310000036377fhb:ConversionRateSwapAgreementMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2025-09-300000036377fhb:ConversionRateSwapAgreementMemberus-gaap:NondesignatedMember2025-09-300000036377fhb:ConversionRateSwapAgreementMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2024-12-310000036377fhb:InterestRateCollarMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-12-310000036377fhb:ConversionRateSwapAgreementMemberus-gaap:NondesignatedMember2024-12-310000036377us-gaap:OtherComprehensiveIncomeMember2025-01-012025-09-300000036377fhb:ConversionRateSwapAgreementMemberus-gaap:NondesignatedMember2025-07-012025-09-300000036377fhb:ConversionRateSwapAgreementMemberus-gaap:NondesignatedMember2025-01-012025-09-300000036377fhb:ConversionRateSwapAgreementMemberus-gaap:NondesignatedMember2024-07-012024-09-300000036377fhb:ConversionRateSwapAgreementMemberus-gaap:NondesignatedMember2024-01-012024-09-300000036377srt:MinimumMemberus-gaap:InterestRateFloorMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2025-09-300000036377srt:MaximumMemberus-gaap:InterestRateFloorMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2025-09-300000036377fhb:InterestRateCollarMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-12-310000036377us-gaap:InterestRateSwapMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2025-09-300000036377srt:MinimumMemberus-gaap:InterestRateSwapMemberus-gaap:NondesignatedMember2025-09-300000036377srt:MaximumMemberus-gaap:InterestRateSwapMemberus-gaap:NondesignatedMember2025-09-300000036377srt:MinimumMemberus-gaap:InterestRateSwapMemberus-gaap:NondesignatedMember2024-12-310000036377srt:MaximumMemberus-gaap:InterestRateSwapMemberus-gaap:NondesignatedMember2024-12-310000036377srt:MinimumMemberus-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-09-300000036377srt:MaximumMemberus-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-09-300000036377fhb:ConversionRateSwapAgreementMemberus-gaap:CommonClassBMember2025-09-300000036377fhb:ConversionRateSwapAgreementMemberus-gaap:CommonClassBMember2024-12-310000036377us-gaap:InterestRateSwapMemberus-gaap:NondesignatedMember2025-07-012025-09-300000036377us-gaap:InterestRateSwapMemberus-gaap:NondesignatedMember2025-01-012025-09-300000036377us-gaap:InterestRateSwapMemberus-gaap:NondesignatedMember2024-07-012024-09-300000036377us-gaap:InterestRateSwapMemberus-gaap:NondesignatedMember2024-01-012024-09-300000036377fhb:InterestRateCollarMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2025-09-300000036377srt:MinimumMemberfhb:InterestRateCollarMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-12-310000036377srt:MaximumMemberfhb:InterestRateCollarMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-12-310000036377us-gaap:InterestRateSwapMemberus-gaap:NondesignatedMemberfhb:CustomerSwapProgramMember2025-09-300000036377us-gaap:InterestRateSwapMemberus-gaap:NondesignatedMember2025-09-300000036377us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMember2025-09-300000036377us-gaap:InterestRateFloorMemberus-gaap:DesignatedAsHedgingInstrumentMember2025-09-300000036377fhb:InterestRateCollarMemberus-gaap:DesignatedAsHedgingInstrumentMember2025-09-300000036377us-gaap:InterestRateSwapMemberus-gaap:NondesignatedMemberfhb:CustomerSwapProgramMember2024-12-310000036377us-gaap:InterestRateSwapMemberus-gaap:NondesignatedMember2024-12-310000036377us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-12-310000036377fhb:SalariesAndEmployeeBenefitsMemberus-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2025-07-012025-09-300000036377fhb:SalariesAndEmployeeBenefitsMemberus-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2025-01-012025-09-300000036377fhb:SalariesAndEmployeeBenefitsMemberus-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2024-07-012024-09-300000036377fhb:SalariesAndEmployeeBenefitsMemberus-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2024-01-012024-09-300000036377us-gaap:PensionPlansDefinedBenefitMember2025-07-012025-09-300000036377us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2025-07-012025-09-300000036377us-gaap:PensionPlansDefinedBenefitMember2025-01-012025-09-300000036377us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2025-01-012025-09-300000036377us-gaap:PensionPlansDefinedBenefitMember2024-07-012024-09-300000036377us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2024-07-012024-09-300000036377us-gaap:PensionPlansDefinedBenefitMember2024-01-012024-09-300000036377us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2024-01-012024-09-300000036377us-gaap:USStatesAndPoliticalSubdivisionsMember2025-09-300000036377us-gaap:USGovernmentAgenciesDebtSecuritiesMember2025-09-300000036377us-gaap:USStatesAndPoliticalSubdivisionsMember2024-12-310000036377us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CollateralizedLoanObligationsMember2025-09-300000036377us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberfhb:ResidentialMortgageBackedSecuritiesGovernmentSponsoredEnterprisesMember2025-09-300000036377us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberfhb:MortgageBackedSecuritiesIssuedByUsGovernmentAgenciesMember2025-09-300000036377us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberfhb:MortgageBackedSecuritiesCommercialGovernmentAgencyMember2025-09-300000036377us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberfhb:CommercialNonGovernmentMortgageMember2025-09-300000036377us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberfhb:CommercialMortgageBackedSecuritiesByGovernmentSponsoredEnterprisesMember2025-09-300000036377us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberfhb:CollateralizedMortgageObligationsIssuedByUsGovernmentSponsoredEnterprisesMember2025-09-300000036377us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberfhb:CollateralizedMortgageObligationsIssuedByUsGovernmentAgenciesMember2025-09-300000036377us-gaap:FairValueMeasurementsRecurringMemberus-gaap:CollateralizedLoanObligationsMember2025-09-300000036377us-gaap:FairValueMeasurementsRecurringMemberfhb:ResidentialMortgageBackedSecuritiesGovernmentSponsoredEnterprisesMember2025-09-300000036377us-gaap:FairValueMeasurementsRecurringMemberfhb:MortgageBackedSecuritiesIssuedByUsGovernmentAgenciesMember2025-09-300000036377us-gaap:FairValueMeasurementsRecurringMemberfhb:MortgageBackedSecuritiesCommercialGovernmentAgencyMember2025-09-300000036377us-gaap:FairValueMeasurementsRecurringMemberfhb:CommercialNonGovernmentMortgageMember2025-09-300000036377us-gaap:FairValueMeasurementsRecurringMemberfhb:CommercialMortgageBackedSecuritiesByGovernmentSponsoredEnterprisesMember2025-09-300000036377us-gaap:FairValueMeasurementsRecurringMemberfhb:CollateralizedMortgageObligationsIssuedByUsGovernmentSponsoredEnterprisesMember2025-09-300000036377us-gaap:FairValueMeasurementsRecurringMemberfhb:CollateralizedMortgageObligationsIssuedByUsGovernmentAgenciesMember2025-09-300000036377us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2025-09-300000036377us-gaap:FairValueMeasurementsRecurringMember2025-09-300000036377us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2024-12-310000036377us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CollateralizedLoanObligationsMember2024-12-310000036377us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberfhb:ResidentialMortgageBackedSecuritiesGovernmentSponsoredEnterprisesMember2024-12-310000036377us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberfhb:MortgageBackedSecuritiesIssuedByUsGovernmentAgenciesMember2024-12-310000036377us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberfhb:MortgageBackedSecuritiesCommercialGovernmentAgencyMember2024-12-310000036377us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberfhb:CommercialNonGovernmentMortgageMember2024-12-310000036377us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberfhb:CommercialMortgageBackedSecuritiesByGovernmentSponsoredEnterprisesMember2024-12-310000036377us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberfhb:CollateralizedMortgageObligationsIssuedByUsGovernmentSponsoredEnterprisesMember2024-12-310000036377us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberfhb:CollateralizedMortgageObligationsIssuedByUsGovernmentAgenciesMember2024-12-310000036377us-gaap:FairValueMeasurementsRecurringMemberus-gaap:USGovernmentAgenciesDebtSecuritiesMember2024-12-310000036377us-gaap:FairValueMeasurementsRecurringMemberus-gaap:CollateralizedLoanObligationsMember2024-12-310000036377us-gaap:FairValueMeasurementsRecurringMemberfhb:ResidentialMortgageBackedSecuritiesGovernmentSponsoredEnterprisesMember2024-12-310000036377us-gaap:FairValueMeasurementsRecurringMemberfhb:MortgageBackedSecuritiesIssuedByUsGovernmentAgenciesMember2024-12-310000036377us-gaap:FairValueMeasurementsRecurringMemberfhb:MortgageBackedSecuritiesCommercialGovernmentAgencyMember2024-12-310000036377us-gaap:FairValueMeasurementsRecurringMemberfhb:CommercialNonGovernmentMortgageMember2024-12-310000036377us-gaap:FairValueMeasurementsRecurringMemberfhb:CommercialMortgageBackedSecuritiesByGovernmentSponsoredEnterprisesMember2024-12-310000036377us-gaap:FairValueMeasurementsRecurringMemberfhb:CollateralizedMortgageObligationsIssuedByUsGovernmentSponsoredEnterprisesMember2024-12-310000036377us-gaap:FairValueMeasurementsRecurringMemberfhb:CollateralizedMortgageObligationsIssuedByUsGovernmentAgenciesMember2024-12-310000036377us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2024-12-310000036377us-gaap:FairValueMeasurementsRecurringMember2024-12-310000036377us-gaap:AssetPledgedAsCollateralMemberus-gaap:DepositsMember2025-09-300000036377us-gaap:AssetPledgedAsCollateralMemberfhb:OtherFinancialTransactionsMember2025-09-300000036377us-gaap:AssetPledgedAsCollateralMemberfhb:BorrowingCapacityMember2025-09-300000036377us-gaap:AssetPledgedAsCollateralMember2025-09-300000036377us-gaap:AssetPledgedAsCollateralMemberus-gaap:DepositsMember2024-12-310000036377us-gaap:AssetPledgedAsCollateralMemberfhb:OtherFinancialTransactionsMember2024-12-310000036377us-gaap:AssetPledgedAsCollateralMemberfhb:BorrowingCapacityMember2024-12-310000036377us-gaap:AssetPledgedAsCollateralMember2024-12-310000036377us-gaap:FederalReserveBankAdvancesMember2025-09-300000036377us-gaap:FederalHomeLoanBankAdvancesMember2025-09-300000036377us-gaap:FederalReserveBankAdvancesMember2024-12-310000036377us-gaap:FederalHomeLoanBankAdvancesMember2024-12-310000036377srt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MeasurementInputConversionPriceMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2025-09-300000036377srt:MinimumMemberus-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MeasurementInputConversionPriceMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2025-09-300000036377srt:MaximumMemberus-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MeasurementInputConversionPriceMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2025-09-300000036377srt:MinimumMemberfhb:CollateralDependentLoansMemberus-gaap:FairValueInputsLevel3Memberfhb:ValuationTechniqueFinancialStatementValuesMember2025-09-300000036377srt:MaximumMemberfhb:CollateralDependentLoansMemberus-gaap:FairValueInputsLevel3Memberfhb:ValuationTechniqueFinancialStatementValuesMember2025-09-300000036377srt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputExpectedTermMember2025-09-300000036377srt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MeasurementInputConversionPriceMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2024-12-310000036377srt:MinimumMemberus-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MeasurementInputConversionPriceMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2024-12-310000036377srt:MaximumMemberus-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MeasurementInputConversionPriceMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2024-12-310000036377srt:MinimumMemberfhb:CollateralDependentLoansMemberus-gaap:FairValueInputsLevel3Memberfhb:ValuationTechniqueFinancialStatementValuesMember2024-12-310000036377srt:MaximumMemberfhb:CollateralDependentLoansMemberus-gaap:FairValueInputsLevel3Memberfhb:ValuationTechniqueFinancialStatementValuesMember2024-12-310000036377srt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputExpectedTermMember2024-12-310000036377us-gaap:FederalHomeLoanBankAdvancesMember2025-01-012025-09-300000036377us-gaap:FederalHomeLoanBankAdvancesMember2024-01-012024-09-300000036377us-gaap:CommonStockMember2025-09-300000036377us-gaap:CommonStockMember2025-06-300000036377us-gaap:CommonStockMember2024-12-310000036377us-gaap:CommonStockMember2024-09-300000036377us-gaap:CommonStockMember2024-06-300000036377us-gaap:CommonStockMember2023-12-310000036377fhb:HedgedItemMemberfhb:LoansAndLeaseFinancingMember2025-07-012025-09-300000036377fhb:HedgedItemMemberfhb:LoansAndLeaseFinancingMember2025-01-012025-09-300000036377fhb:HedgedItemMemberfhb:LoansAndLeaseFinancingMember2024-07-012024-09-300000036377fhb:HedgedItemMemberfhb:LoansAndLeaseFinancingMember2024-01-012024-09-300000036377us-gaap:InterestRateSwapMemberfhb:LoansAndLeaseFinancingMember2025-07-012025-09-300000036377us-gaap:InterestRateSwapMemberfhb:LoansAndLeaseFinancingMember2025-01-012025-09-300000036377us-gaap:InterestRateSwapMemberfhb:LoansAndLeaseFinancingMember2024-07-012024-09-300000036377us-gaap:InterestRateSwapMemberfhb:LoansAndLeaseFinancingMember2024-01-012024-09-300000036377us-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2025-09-300000036377us-gaap:FairValueInputsLevel1Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2025-09-300000036377us-gaap:EstimateOfFairValueFairValueDisclosureMember2025-09-300000036377us-gaap:CarryingReportedAmountFairValueDisclosureMember2025-09-300000036377us-gaap:FairValueInputsLevel2Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2024-12-310000036377us-gaap:FairValueInputsLevel1Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2024-12-310000036377us-gaap:EstimateOfFairValueFairValueDisclosureMember2024-12-310000036377us-gaap:CarryingReportedAmountFairValueDisclosureMember2024-12-310000036377fhb:FirstHawaiianBankMember2025-09-300000036377fhb:FirstHawaiianBankMember2024-12-310000036377us-gaap:StandardizedApproachMember2025-09-300000036377us-gaap:MortgageBackedSecuritiesMember2025-09-300000036377us-gaap:AssetBackedSecuritiesMember2025-09-300000036377us-gaap:CollateralizedLoanObligationsMember2025-09-300000036377us-gaap:CollateralizedLoanObligationsMember2024-12-310000036377fhb:CommercialNonAgencyMember2024-12-310000036377fhb:CollateralDependentLoansMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMember2025-09-300000036377fhb:CollateralDependentLoansMemberus-gaap:FairValueInputsLevel3Memberfhb:ValuationTechniqueFinancialStatementValuesMember2025-09-300000036377fhb:CollateralDependentLoansMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMember2024-12-310000036377fhb:CollateralDependentLoansMemberus-gaap:FairValueInputsLevel3Memberfhb:ValuationTechniqueFinancialStatementValuesMember2024-12-310000036377us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-09-300000036377us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-06-300000036377us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-12-310000036377us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-09-300000036377us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-06-300000036377us-gaap:AccumulatedOtherComprehensiveIncomeMember2023-12-3100000363772025-01-310000036377us-gaap:StandbyLettersOfCreditMember2025-09-300000036377us-gaap:CommitmentsToExtendCreditMember2025-09-300000036377us-gaap:StandbyLettersOfCreditMember2024-12-310000036377us-gaap:CommitmentsToExtendCreditMember2024-12-310000036377fhb:TimeCertificatesOfDepositsBelowFdicInsuranceLimitMember2025-09-300000036377fhb:TimeCertificatesOfDepositsAtOrAboveFdicInsuranceLimitMember2025-09-300000036377us-gaap:RetainedEarningsMember2025-07-012025-09-300000036377us-gaap:AdditionalPaidInCapitalMember2025-07-012025-09-300000036377us-gaap:TreasuryStockCommonMember2025-01-012025-09-300000036377us-gaap:RetainedEarningsMember2025-01-012025-09-300000036377us-gaap:AdditionalPaidInCapitalMember2025-01-012025-09-300000036377us-gaap:TreasuryStockCommonMember2024-07-012024-09-300000036377us-gaap:RetainedEarningsMember2024-07-012024-09-300000036377us-gaap:AdditionalPaidInCapitalMember2024-07-012024-09-300000036377us-gaap:TreasuryStockCommonMember2024-01-012024-09-300000036377us-gaap:RetainedEarningsMember2024-01-012024-09-300000036377us-gaap:AdditionalPaidInCapitalMember2024-01-012024-09-300000036377us-gaap:CommonStockMember2025-01-012025-09-300000036377us-gaap:CommonStockMember2024-01-012024-09-300000036377srt:WeightedAverageMember2025-01-012025-09-300000036377srt:MinimumMember2025-01-012025-09-300000036377srt:MaximumMember2025-01-012025-09-300000036377srt:WeightedAverageMember2024-01-012024-12-310000036377srt:MinimumMember2024-01-012024-12-310000036377srt:MaximumMember2024-01-012024-12-310000036377fhb:ResidentialMortgageBackedSecuritiesGovernmentSponsoredEnterprisesMember2025-09-300000036377fhb:MortgageBackedSecuritiesIssuedByUsGovernmentAgenciesMember2025-09-300000036377fhb:MortgageBackedSecuritiesCommercialGovernmentAgencyMember2025-09-300000036377fhb:CommercialNonAgencyMember2025-09-300000036377fhb:CommercialMortgageBackedSecuritiesByGovernmentSponsoredEnterprisesMember2025-09-300000036377fhb:CollateralizedMortgageObligationsIssuedByUsGovernmentSponsoredEnterprisesMember2025-09-300000036377fhb:CollateralizedMortgageObligationsIssuedByUsGovernmentAgenciesMember2025-09-300000036377us-gaap:USGovernmentAgenciesDebtSecuritiesMember2024-12-310000036377fhb:ResidentialMortgageBackedSecuritiesGovernmentSponsoredEnterprisesMember2024-12-310000036377fhb:MortgageBackedSecuritiesIssuedByUsGovernmentAgenciesMember2024-12-310000036377fhb:MortgageBackedSecuritiesCommercialGovernmentAgencyMember2024-12-310000036377fhb:CommercialMortgageBackedSecuritiesByGovernmentSponsoredEnterprisesMember2024-12-310000036377fhb:CollateralizedMortgageObligationsIssuedByUsGovernmentSponsoredEnterprisesMember2024-12-310000036377fhb:CollateralizedMortgageObligationsIssuedByUsGovernmentAgenciesMember2024-12-3100000363772025-04-012025-06-3000000363772025-01-012025-06-300000036377fhb:InterestRateSwapCollarsAndFloorMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-07-012024-09-300000036377fhb:InterestRateSwapCollarsAndFloorMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-01-012024-09-300000036377fhb:InterestRateSwapCollarsAndFloorMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2025-07-012025-09-300000036377fhb:InterestRateSwapCollarsAndFloorMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2025-01-012025-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2025-07-012025-09-300000036377us-gaap:HomeEquityLoanMemberus-gaap:UnfundedLoanCommitmentMember2025-07-012025-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2025-07-012025-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2025-07-012025-09-300000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2025-07-012025-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2025-07-012025-09-300000036377us-gaap:UnfundedLoanCommitmentMember2025-07-012025-09-300000036377us-gaap:RealEstateLoanMemberus-gaap:UnfundedLoanCommitmentMember2025-01-012025-09-300000036377us-gaap:HomeEquityLoanMemberus-gaap:UnfundedLoanCommitmentMember2025-01-012025-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2025-01-012025-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2025-01-012025-09-300000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2025-01-012025-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2025-01-012025-09-300000036377us-gaap:UnfundedLoanCommitmentMember2025-01-012025-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-07-012024-09-300000036377us-gaap:HomeEquityLoanMemberus-gaap:UnfundedLoanCommitmentMember2024-07-012024-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-07-012024-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-07-012024-09-300000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-07-012024-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-07-012024-09-300000036377us-gaap:UnfundedLoanCommitmentMember2024-07-012024-09-300000036377us-gaap:RealEstateLoanMemberus-gaap:UnfundedLoanCommitmentMember2024-01-012024-09-300000036377us-gaap:HomeEquityLoanMemberus-gaap:UnfundedLoanCommitmentMember2024-01-012024-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-01-012024-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-01-012024-09-300000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-01-012024-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:UnfundedLoanCommitmentMember2024-01-012024-09-300000036377us-gaap:UnfundedLoanCommitmentMember2024-01-012024-09-300000036377us-gaap:InterestRateSwapMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2025-01-012025-09-300000036377us-gaap:InterestRateSwapMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-01-012024-12-310000036377fhb:VisaIncorporatedMemberus-gaap:CommonClassBMember2016-01-012016-12-310000036377us-gaap:IntersegmentEliminationMemberfhb:TreasuryAndOtherBusinessSegmentMember2025-07-012025-09-300000036377us-gaap:IntersegmentEliminationMemberfhb:RetailBankingBusinessSegmentMember2025-07-012025-09-300000036377us-gaap:IntersegmentEliminationMemberfhb:CommercialBankingBusinessSegmentMember2025-07-012025-09-300000036377us-gaap:IntersegmentEliminationMemberfhb:TreasuryAndOtherBusinessSegmentMember2025-01-012025-09-300000036377us-gaap:IntersegmentEliminationMemberfhb:RetailBankingBusinessSegmentMember2025-01-012025-09-300000036377us-gaap:IntersegmentEliminationMemberfhb:CommercialBankingBusinessSegmentMember2025-01-012025-09-300000036377us-gaap:IntersegmentEliminationMemberfhb:TreasuryAndOtherBusinessSegmentMember2024-07-012024-09-300000036377us-gaap:IntersegmentEliminationMemberfhb:RetailBankingBusinessSegmentMember2024-07-012024-09-300000036377us-gaap:IntersegmentEliminationMemberfhb:CommercialBankingBusinessSegmentMember2024-07-012024-09-300000036377us-gaap:IntersegmentEliminationMemberfhb:TreasuryAndOtherBusinessSegmentMember2024-01-012024-09-300000036377us-gaap:IntersegmentEliminationMemberfhb:RetailBankingBusinessSegmentMember2024-01-012024-09-300000036377us-gaap:IntersegmentEliminationMemberfhb:CommercialBankingBusinessSegmentMember2024-01-012024-09-3000000363772024-01-012024-12-310000036377fhb:ConversionRateSwapAgreementMemberus-gaap:CommonClassCMember2025-09-300000036377fhb:ConversionRateSwapAgreementMemberfhb:ClassB2RestrictedSharesMember2025-09-300000036377fhb:ConversionRateSwapAgreementMemberus-gaap:CommonClassBMember2023-12-310000036377fhb:ConversionRateSwapAgreementMemberus-gaap:CommonClassBMember2018-12-310000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2025-07-012025-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ContractualInterestRateReductionMember2025-07-012025-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2025-07-012025-09-300000036377us-gaap:ExtendedMaturityMember2025-07-012025-09-300000036377us-gaap:ContractualInterestRateReductionMember2025-07-012025-09-300000036377fhb:OtherThanInsignificantPaymentDelayMember2025-07-012025-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-01-012025-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2025-01-012025-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2025-01-012025-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2025-01-012025-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-01-012025-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2025-01-012025-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2025-01-012025-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2025-01-012025-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2025-01-012025-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2025-01-012025-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ContractualInterestRateReductionMember2025-01-012025-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2025-01-012025-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ExtendedMaturityMember2025-01-012025-09-300000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-01-012025-09-300000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2025-01-012025-09-300000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2025-01-012025-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2025-01-012025-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2025-01-012025-09-300000036377us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-01-012025-09-300000036377us-gaap:FinancingReceivables60To89DaysPastDueMember2025-01-012025-09-300000036377us-gaap:FinancingReceivables30To59DaysPastDueMember2025-01-012025-09-300000036377us-gaap:FinancialAssetPastDueMember2025-01-012025-09-300000036377us-gaap:FinancialAssetNotPastDueMember2025-01-012025-09-300000036377us-gaap:ExtendedMaturityMember2025-01-012025-09-300000036377us-gaap:ContractualInterestRateReductionMember2025-01-012025-09-300000036377fhb:OtherThanInsignificantPaymentDelayMember2025-01-012025-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2024-07-012024-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ContractualInterestRateReductionMember2024-07-012024-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ExtendedMaturityMember2024-07-012024-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2024-07-012024-09-300000036377us-gaap:ExtendedMaturityMember2024-07-012024-09-300000036377us-gaap:ContractualInterestRateReductionMember2024-07-012024-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2024-01-012024-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2024-01-012024-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2024-01-012024-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2024-01-012024-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-01-012024-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2024-01-012024-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2024-01-012024-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2024-01-012024-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2024-01-012024-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2024-01-012024-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:ContractualInterestRateReductionMember2024-01-012024-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2024-01-012024-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:ExtendedMaturityMember2024-01-012024-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2024-01-012024-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:ExtendedMaturityMember2024-01-012024-09-300000036377us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-01-012024-09-300000036377us-gaap:FinancingReceivables60To89DaysPastDueMember2024-01-012024-09-300000036377us-gaap:FinancingReceivables30To59DaysPastDueMember2024-01-012024-09-300000036377us-gaap:FinancialAssetPastDueMember2024-01-012024-09-300000036377us-gaap:FinancialAssetNotPastDueMember2024-01-012024-09-300000036377us-gaap:ExtendedMaturityMember2024-01-012024-09-300000036377us-gaap:ContractualInterestRateReductionMember2024-01-012024-09-300000036377fhb:OtherThanInsignificantPaymentDelayMember2024-01-012024-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberfhb:OtherThanInsignificantPaymentDelayMember2025-07-012025-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberfhb:OtherThanInsignificantPaymentDelayMember2025-01-012025-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberfhb:OtherThanInsignificantPaymentDelayMember2025-01-012025-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberfhb:OtherThanInsignificantPaymentDelayMember2024-01-012024-09-300000036377us-gaap:ResidentialRealEstateMember2025-09-300000036377us-gaap:ResidentialRealEstateMember2024-12-310000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2025-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2025-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:FinancialAssetPastDueMember2025-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:FinancialAssetNotPastDueMember2025-09-300000036377fhb:HomeEquityLinePortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-09-300000036377fhb:HomeEquityLinePortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2025-09-300000036377fhb:HomeEquityLinePortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2025-09-300000036377fhb:HomeEquityLinePortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancialAssetPastDueMember2025-09-300000036377fhb:HomeEquityLinePortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancialAssetNotPastDueMember2025-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:ResidentialRealEstateMember2025-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:RealEstateLoanMember2025-09-300000036377us-gaap:RealEstateMemberus-gaap:ConsumerPortfolioSegmentMember2025-09-300000036377us-gaap:RealEstateMemberus-gaap:ConstructionLoansMember2025-09-300000036377us-gaap:RealEstateMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2025-09-300000036377us-gaap:RealEstateMemberfhb:HomeEquityLinePortfolioSegmentMember2025-09-300000036377us-gaap:RealEstateMemberfhb:CommercialAndIndustrialPortfolioSegmentMember2025-09-300000036377us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:SubstandardMember2025-09-300000036377us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:SpecialMentionMember2025-09-300000036377us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:PassMember2025-09-300000036377us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-09-300000036377us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2025-09-300000036377us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2025-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2025-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2025-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2025-09-300000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2025-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:SubstandardMember2025-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:SpecialMentionMember2025-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:PassMember2025-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2025-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2025-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2025-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberfhb:OtherIndicatorMember2025-09-300000036377fhb:NoFicoScoreMemberus-gaap:RealEstateLoanMember2025-09-300000036377fhb:NoFicoScoreMemberus-gaap:HomeEquityLoanMember2025-09-300000036377fhb:NoFicoScoreMemberus-gaap:ConsumerPortfolioSegmentMember2025-09-300000036377fhb:HomeEquityLinePortfolioSegmentMemberus-gaap:HomeEquityLoanMember2025-09-300000036377fhb:FicoScoreLessThan550Memberus-gaap:RealEstateLoanMember2025-09-300000036377fhb:FicoScoreLessThan550Memberus-gaap:HomeEquityLoanMember2025-09-300000036377fhb:FicoScoreLessThan550Memberus-gaap:ConsumerPortfolioSegmentMember2025-09-300000036377fhb:FicoScore740AndGreaterMemberus-gaap:RealEstateLoanMember2025-09-300000036377fhb:FicoScore740AndGreaterMemberus-gaap:HomeEquityLoanMember2025-09-300000036377fhb:FicoScore740AndGreaterMemberus-gaap:ConsumerPortfolioSegmentMember2025-09-300000036377fhb:FicoScore680To739Memberus-gaap:RealEstateLoanMember2025-09-300000036377fhb:FicoScore680To739Memberus-gaap:HomeEquityLoanMember2025-09-300000036377fhb:FicoScore680To739Memberus-gaap:ConsumerPortfolioSegmentMember2025-09-300000036377fhb:FicoScore620To679Memberus-gaap:RealEstateLoanMember2025-09-300000036377fhb:FicoScore620To679Memberus-gaap:HomeEquityLoanMember2025-09-300000036377fhb:FicoScore620To679Memberus-gaap:ConsumerPortfolioSegmentMember2025-09-300000036377fhb:FicoScore550To619Memberus-gaap:RealEstateLoanMember2025-09-300000036377fhb:FicoScore550To619Memberus-gaap:HomeEquityLoanMember2025-09-300000036377fhb:FicoScore550To619Memberus-gaap:ConsumerPortfolioSegmentMember2025-09-300000036377fhb:FicoOtherMemberus-gaap:RealEstateLoanMember2025-09-300000036377fhb:FicoOtherMemberus-gaap:ConsumerPortfolioSegmentMember2025-09-300000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:SubstandardMember2025-09-300000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:SpecialMentionMember2025-09-300000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:PassMember2025-09-300000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-09-300000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2025-09-300000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2025-09-300000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2025-09-300000036377fhb:ConstructionPortfolioSegmentMemberfhb:OtherIndicatorMember2025-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:SubstandardMember2025-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:SpecialMentionMember2025-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:PassMember2025-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2025-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2025-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2025-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2025-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberfhb:OtherIndicatorMember2025-09-300000036377us-gaap:UnlikelyToBeCollectedFinancingReceivableMember2025-09-300000036377us-gaap:RealEstateMember2025-09-300000036377us-gaap:RealEstateLoanMember2025-09-300000036377us-gaap:HomeEquityLoanMember2025-09-300000036377us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2025-09-300000036377us-gaap:FinancingReceivables60To89DaysPastDueMember2025-09-300000036377us-gaap:FinancingReceivables30To59DaysPastDueMember2025-09-300000036377us-gaap:FinancialAssetPastDueMember2025-09-300000036377us-gaap:FinancialAssetNotPastDueMember2025-09-300000036377us-gaap:CommercialPortfolioSegmentMember2025-09-300000036377fhb:CommercialResidentialAndConsumerFinancingReceivablesMember2025-09-300000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2024-12-310000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2024-12-310000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:FinancialAssetPastDueMember2024-12-310000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:RealEstateLoanMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310000036377fhb:HomeEquityLinePortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000036377fhb:HomeEquityLinePortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2024-12-310000036377fhb:HomeEquityLinePortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2024-12-310000036377fhb:HomeEquityLinePortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancialAssetPastDueMember2024-12-310000036377fhb:HomeEquityLinePortfolioSegmentMemberus-gaap:HomeEquityLoanMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:ResidentialRealEstateMember2024-12-310000036377us-gaap:ResidentialPortfolioSegmentMemberus-gaap:RealEstateLoanMember2024-12-310000036377us-gaap:RealEstateMemberus-gaap:ConsumerPortfolioSegmentMember2024-12-310000036377us-gaap:RealEstateMemberus-gaap:ConstructionLoansMember2024-12-310000036377us-gaap:RealEstateMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2024-12-310000036377us-gaap:RealEstateMemberfhb:HomeEquityLinePortfolioSegmentMember2024-12-310000036377us-gaap:RealEstateMemberfhb:CommercialAndIndustrialPortfolioSegmentMember2024-12-310000036377us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:SubstandardMember2024-12-310000036377us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:SpecialMentionMember2024-12-310000036377us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:PassMember2024-12-310000036377us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2024-12-310000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2024-12-310000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2024-12-310000036377us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:SubstandardMember2024-12-310000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:SpecialMentionMember2024-12-310000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:PassMember2024-12-310000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2024-12-310000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310000036377us-gaap:CommercialRealEstatePortfolioSegmentMemberfhb:OtherIndicatorMember2024-12-310000036377fhb:NoFicoScoreMemberus-gaap:RealEstateLoanMember2024-12-310000036377fhb:NoFicoScoreMemberus-gaap:HomeEquityLoanMember2024-12-310000036377fhb:NoFicoScoreMemberus-gaap:ConsumerPortfolioSegmentMember2024-12-310000036377fhb:HomeEquityLinePortfolioSegmentMemberus-gaap:HomeEquityLoanMember2024-12-310000036377fhb:FicoScoreLessThan550Memberus-gaap:RealEstateLoanMember2024-12-310000036377fhb:FicoScoreLessThan550Memberus-gaap:HomeEquityLoanMember2024-12-310000036377fhb:FicoScoreLessThan550Memberus-gaap:ConsumerPortfolioSegmentMember2024-12-310000036377fhb:FicoScore740AndGreaterMemberus-gaap:RealEstateLoanMember2024-12-310000036377fhb:FicoScore740AndGreaterMemberus-gaap:HomeEquityLoanMember2024-12-310000036377fhb:FicoScore740AndGreaterMemberus-gaap:ConsumerPortfolioSegmentMember2024-12-310000036377fhb:FicoScore680To739Memberus-gaap:RealEstateLoanMember2024-12-310000036377fhb:FicoScore680To739Memberus-gaap:HomeEquityLoanMember2024-12-310000036377fhb:FicoScore680To739Memberus-gaap:ConsumerPortfolioSegmentMember2024-12-310000036377fhb:FicoScore620To679Memberus-gaap:RealEstateLoanMember2024-12-310000036377fhb:FicoScore620To679Memberus-gaap:HomeEquityLoanMember2024-12-310000036377fhb:FicoScore620To679Memberus-gaap:ConsumerPortfolioSegmentMember2024-12-310000036377fhb:FicoScore550To619Memberus-gaap:RealEstateLoanMember2024-12-310000036377fhb:FicoScore550To619Memberus-gaap:HomeEquityLoanMember2024-12-310000036377fhb:FicoScore550To619Memberus-gaap:ConsumerPortfolioSegmentMember2024-12-310000036377fhb:FicoOtherMemberus-gaap:RealEstateLoanMember2024-12-310000036377fhb:FicoOtherMemberus-gaap:ConsumerPortfolioSegmentMember2024-12-310000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:SpecialMentionMember2024-12-310000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:PassMember2024-12-310000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2024-12-310000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2024-12-310000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2024-12-310000036377fhb:ConstructionPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310000036377fhb:ConstructionPortfolioSegmentMemberfhb:OtherIndicatorMember2024-12-310000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:SubstandardMember2024-12-310000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:SpecialMentionMember2024-12-310000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:PassMember2024-12-310000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2024-12-310000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2024-12-310000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2024-12-310000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2024-12-310000036377fhb:CommercialAndIndustrialPortfolioSegmentMemberfhb:OtherIndicatorMember2024-12-310000036377us-gaap:UnlikelyToBeCollectedFinancingReceivableMember2024-12-310000036377us-gaap:ResidentialMortgageMember2024-12-310000036377us-gaap:RealEstateMember2024-12-310000036377us-gaap:RealEstateLoanMember2024-12-310000036377us-gaap:HomeEquityLoanMember2024-12-310000036377us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2024-12-310000036377us-gaap:FinancingReceivables60To89DaysPastDueMember2024-12-310000036377us-gaap:FinancingReceivables30To59DaysPastDueMember2024-12-310000036377us-gaap:FinancialAssetPastDueMember2024-12-310000036377us-gaap:FinancialAssetNotPastDueMember2024-12-310000036377us-gaap:CommercialPortfolioSegmentMember2024-12-310000036377fhb:CommercialResidentialAndConsumerFinancingReceivablesMember2024-12-310000036377us-gaap:ResidentialPortfolioSegmentMember2025-07-012025-09-300000036377us-gaap:HomeEquityLoanMember2025-07-012025-09-300000036377us-gaap:FinanceLeasesPortfolioSegmentMember2025-07-012025-09-300000036377us-gaap:ConsumerPortfolioSegmentMember2025-07-012025-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMember2025-07-012025-09-300000036377fhb:ConstructionPortfolioSegmentMember2025-07-012025-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMember2025-07-012025-09-300000036377us-gaap:ResidentialPortfolioSegmentMember2025-01-012025-09-300000036377us-gaap:HomeEquityLoanMember2025-01-012025-09-300000036377us-gaap:FinanceLeasesPortfolioSegmentMember2025-01-012025-09-300000036377us-gaap:ConsumerPortfolioSegmentMember2025-01-012025-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMember2025-01-012025-09-300000036377fhb:ConstructionPortfolioSegmentMember2025-01-012025-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMember2025-01-012025-09-300000036377us-gaap:ResidentialPortfolioSegmentMember2024-07-012024-09-300000036377us-gaap:HomeEquityLoanMember2024-07-012024-09-300000036377us-gaap:FinanceLeasesPortfolioSegmentMember2024-07-012024-09-300000036377us-gaap:ConsumerPortfolioSegmentMember2024-07-012024-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMember2024-07-012024-09-300000036377fhb:ConstructionPortfolioSegmentMember2024-07-012024-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMember2024-07-012024-09-300000036377us-gaap:ResidentialPortfolioSegmentMember2024-01-012024-09-300000036377us-gaap:HomeEquityLoanMember2024-01-012024-09-300000036377us-gaap:FinanceLeasesPortfolioSegmentMember2024-01-012024-09-300000036377us-gaap:ConsumerPortfolioSegmentMember2024-01-012024-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMember2024-01-012024-09-300000036377fhb:ConstructionPortfolioSegmentMember2024-01-012024-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMember2024-01-012024-09-300000036377us-gaap:ResidentialPortfolioSegmentMember2025-09-300000036377us-gaap:HomeEquityLoanMember2025-09-300000036377us-gaap:FinanceLeasesPortfolioSegmentMember2025-09-300000036377us-gaap:ConsumerPortfolioSegmentMember2025-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMember2025-09-300000036377fhb:ConstructionPortfolioSegmentMember2025-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMember2025-09-300000036377us-gaap:ResidentialPortfolioSegmentMember2025-06-300000036377us-gaap:HomeEquityLoanMember2025-06-300000036377us-gaap:FinanceLeasesPortfolioSegmentMember2025-06-300000036377us-gaap:ConsumerPortfolioSegmentMember2025-06-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMember2025-06-300000036377fhb:ConstructionPortfolioSegmentMember2025-06-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMember2025-06-3000000363772025-06-300000036377us-gaap:ResidentialPortfolioSegmentMember2024-12-310000036377us-gaap:HomeEquityLoanMember2024-12-310000036377us-gaap:FinanceLeasesPortfolioSegmentMember2024-12-310000036377us-gaap:ConsumerPortfolioSegmentMember2024-12-310000036377us-gaap:CommercialRealEstatePortfolioSegmentMember2024-12-310000036377fhb:ConstructionPortfolioSegmentMember2024-12-310000036377fhb:CommercialAndIndustrialPortfolioSegmentMember2024-12-310000036377us-gaap:ResidentialPortfolioSegmentMember2024-09-300000036377us-gaap:HomeEquityLoanMember2024-09-300000036377us-gaap:FinanceLeasesPortfolioSegmentMember2024-09-300000036377us-gaap:ConsumerPortfolioSegmentMember2024-09-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMember2024-09-300000036377fhb:ConstructionPortfolioSegmentMember2024-09-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMember2024-09-3000000363772024-09-300000036377us-gaap:ResidentialPortfolioSegmentMember2024-06-300000036377us-gaap:HomeEquityLoanMember2024-06-300000036377us-gaap:FinanceLeasesPortfolioSegmentMember2024-06-300000036377us-gaap:ConsumerPortfolioSegmentMember2024-06-300000036377us-gaap:CommercialRealEstatePortfolioSegmentMember2024-06-300000036377fhb:ConstructionPortfolioSegmentMember2024-06-300000036377fhb:CommercialAndIndustrialPortfolioSegmentMember2024-06-3000000363772024-06-300000036377us-gaap:ResidentialPortfolioSegmentMember2023-12-310000036377us-gaap:HomeEquityLoanMember2023-12-310000036377us-gaap:FinanceLeasesPortfolioSegmentMember2023-12-310000036377us-gaap:ConsumerPortfolioSegmentMember2023-12-310000036377us-gaap:CommercialRealEstatePortfolioSegmentMember2023-12-310000036377fhb:ConstructionPortfolioSegmentMember2023-12-310000036377fhb:CommercialAndIndustrialPortfolioSegmentMember2023-12-3100000363772023-12-310000036377us-gaap:InterestRateSwapMemberus-gaap:NondesignatedMemberfhb:CustomerSwapProgramMember2025-07-012025-09-300000036377us-gaap:InterestRateSwapMemberus-gaap:NondesignatedMemberfhb:CustomerSwapProgramMember2025-01-012025-09-300000036377us-gaap:InterestRateSwapMemberus-gaap:NondesignatedMemberfhb:CustomerSwapProgramMember2024-07-012024-09-300000036377us-gaap:InterestRateSwapMemberus-gaap:NondesignatedMemberfhb:CustomerSwapProgramMember2024-01-012024-09-300000036377srt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MeasurementInputLongTermRevenueGrowthRateMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2025-01-012025-09-300000036377srt:MinimumMemberus-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MeasurementInputLongTermRevenueGrowthRateMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2025-01-012025-09-300000036377srt:MaximumMemberus-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MeasurementInputLongTermRevenueGrowthRateMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2025-01-012025-09-300000036377srt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MeasurementInputLongTermRevenueGrowthRateMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2024-01-012024-12-310000036377srt:MinimumMemberus-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MeasurementInputLongTermRevenueGrowthRateMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2024-01-012024-12-310000036377srt:MaximumMemberus-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MeasurementInputLongTermRevenueGrowthRateMemberus-gaap:ValuationTechniqueDiscountedCashFlowMember2024-01-012024-12-310000036377fhb:CollateralDependentLoansMemberus-gaap:FairValueMeasurementsNonrecurringMember2025-07-012025-09-300000036377fhb:CollateralDependentLoansMemberus-gaap:FairValueMeasurementsNonrecurringMember2025-01-012025-09-300000036377fhb:CollateralDependentLoansMemberus-gaap:FairValueMeasurementsNonrecurringMember2024-07-012024-09-300000036377fhb:CollateralDependentLoansMemberus-gaap:FairValueMeasurementsNonrecurringMember2024-01-012024-09-300000036377us-gaap:OperatingSegmentsMemberfhb:TreasuryAndOtherBusinessSegmentMember2025-09-300000036377us-gaap:OperatingSegmentsMemberfhb:RetailBankingBusinessSegmentMember2025-09-300000036377us-gaap:OperatingSegmentsMemberfhb:CommercialBankingBusinessSegmentMember2025-09-300000036377us-gaap:OperatingSegmentsMember2025-09-300000036377us-gaap:OperatingSegmentsMemberfhb:TreasuryAndOtherBusinessSegmentMember2024-09-300000036377us-gaap:OperatingSegmentsMemberfhb:RetailBankingBusinessSegmentMember2024-09-300000036377us-gaap:OperatingSegmentsMemberfhb:CommercialBankingBusinessSegmentMember2024-09-300000036377us-gaap:OperatingSegmentsMember2024-09-300000036377fhb:CmecAndLchMember2025-09-300000036377fhb:CmecAndLchMember2024-12-310000036377us-gaap:OperatingSegmentsMemberfhb:TreasuryAndOtherBusinessSegmentMember2025-07-012025-09-300000036377us-gaap:OperatingSegmentsMemberfhb:RetailBankingBusinessSegmentMember2025-07-012025-09-300000036377us-gaap:OperatingSegmentsMemberfhb:CommercialBankingBusinessSegmentMember2025-07-012025-09-300000036377us-gaap:OperatingSegmentsMember2025-07-012025-09-300000036377us-gaap:OperatingSegmentsMemberfhb:TreasuryAndOtherBusinessSegmentMember2025-01-012025-09-300000036377us-gaap:OperatingSegmentsMemberfhb:RetailBankingBusinessSegmentMember2025-01-012025-09-300000036377us-gaap:OperatingSegmentsMemberfhb:CommercialBankingBusinessSegmentMember2025-01-012025-09-300000036377us-gaap:OperatingSegmentsMember2025-01-012025-09-300000036377us-gaap:OperatingSegmentsMemberfhb:TreasuryAndOtherBusinessSegmentMember2024-07-012024-09-300000036377us-gaap:OperatingSegmentsMemberfhb:RetailBankingBusinessSegmentMember2024-07-012024-09-300000036377us-gaap:OperatingSegmentsMemberfhb:CommercialBankingBusinessSegmentMember2024-07-012024-09-300000036377us-gaap:OperatingSegmentsMember2024-07-012024-09-300000036377us-gaap:OperatingSegmentsMemberfhb:TreasuryAndOtherBusinessSegmentMember2024-01-012024-09-300000036377us-gaap:OperatingSegmentsMemberfhb:RetailBankingBusinessSegmentMember2024-01-012024-09-300000036377us-gaap:OperatingSegmentsMemberfhb:CommercialBankingBusinessSegmentMember2024-01-012024-09-300000036377us-gaap:OperatingSegmentsMember2024-01-012024-09-300000036377us-gaap:InterestRateSwapMember2025-09-300000036377us-gaap:InterestRateSwapMember2024-12-3100000363772024-07-012024-09-3000000363772024-01-012024-09-300000036377us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2025-07-012025-09-300000036377us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2025-01-012025-09-3000000363772025-09-3000000363772024-12-3100000363772025-07-012025-09-3000000363772025-10-2400000363772025-01-012025-09-30fhb:segmentxbrli:sharesiso4217:USDxbrli:purefhb:locationfhb:derivativefhb:itemiso4217:USDxbrli:sharesfhb:Mfhb:security

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2025

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission File Number 001-14585

FIRST HAWAIIAN, INC.

(Exact Name of Registrant as Specified in its Charter)


Delaware		99-0156159
(State or Other Jurisdiction of Incorporation or Organization)		(I.R.S. Employer Identification No.)

999 Bishop Street, 29th Floor

Honolulu, HI

96813

(Address of Principal Executive Offices)

(Zip Code)

(808) 525-7000

(Registrant’s telephone number, including area code)

Not Applicable

(Former name, former address and former fiscal year, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:


Title of each class:	Trading Symbol(s)	Name of each exchange on which registered:
Common Stock, par value $0.01 per share	FHB	NASDAQ Global Select Market

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐.

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐.

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large Accelerated Filer ☒

Accelerated filer ☐

Non-accelerated filer ☐

Smaller reporting company ☐

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒.

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 123,719,585 shares of Common Stock, par value $0.01 per share, were outstanding as of October 24, 2025.

Table of Contents

TABLE OF CONTENTS

FIRST HAWAIIAN, INC.

FORM 10-Q

INDEX




Part I Financial Information			Page No.
	Item 1.	Financial Statements (unaudited)		2
		Consolidated Statements of Income for the three and nine months ended September 30, 2025 and 2024		2
		Consolidated Statements of Comprehensive Income for the three and nine months ended September 30, 2025 and 2024		3
		Consolidated Balance Sheets as of September 30, 2025 and December 31, 2024		4
		Consolidated Statements of Stockholders' Equity for the three and nine months ended September 30, 2025 and 2024		5
		Consolidated Statements of Cash Flows for the nine months ended September 30, 2025 and 2024		7
		Notes to Consolidated Financial Statements (unaudited)		8
	Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations		55
	Item 3.	Quantitative and Qualitative Disclosures about Market Risk		96
	Item 4.	Controls and Procedures		96
Part II Other Information				96
	Item 1.	Legal Proceedings		96
	Item 1A.	Risk Factors		96
	Item 5.	Other Information		97
	Item 6.	Exhibits		98
	Exhibit Index			98
	Signatures			99

Table of Contents

PART I. FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

FIRST HAWAIIAN, INC. AND SUBSIDIARY

CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(dollars in thousands, except per share amounts)	2025		2024		2025		2024
Interest income
Loans and lease financing	$	196,441	$	205,682	$	581,936	$	607,594
Available-for-sale investment securities		13,470		12,850		39,089		41,539
Held-to-maturity investment securities		15,920		16,937		48,866		52,305
Other		16,744		14,527		44,573		38,444
Total interest income		242,575		249,996		714,464		739,882
Interest expense
Deposits		70,851		87,500		212,849		257,252
Short-term borrowings		2,195		5,397		7,421		17,303
Other		198		392		754		1,342
Total interest expense		73,244		93,289		221,024		275,897
Net interest income		169,331		156,707		493,440		463,985
Provision for credit losses		4,500		7,400		19,500		15,500
Net interest income after provision for credit losses		164,831		149,307		473,940		448,485
Noninterest income
Service charges on deposit accounts		8,096		7,783		23,461		23,122
Credit and debit card fees		15,850		17,533		46,237		49,567
Other service charges and fees		13,807		11,790		39,324		32,730
Trust and investment services income		9,212		9,077		27,736		28,857
Bank-owned life insurance		6,314		4,502		15,409		12,148
Investment securities gains, net		—		—		37		—
Other		3,781		2,603		9,291		10,003
Total noninterest income		57,060		53,288		161,495		156,427
Noninterest expense
Salaries and employee benefits		61,533		59,563		181,138		176,562
Contracted services and professional fees		15,785		14,634		46,621		46,440
Occupancy		7,098		6,945		23,132		21,263
Equipment		13,834		13,078		41,742		39,687
Regulatory assessment and fees		3,294		3,412		10,876		15,346
Advertising and marketing		2,033		1,813		6,247		6,190
Card rewards program		8,694		8,678		25,019		25,905
Other		13,473		18,024		39,468		45,653
Total noninterest expense		125,744		126,147		374,243		377,046
Income before provision for income taxes		96,147		76,448		261,192		227,866
Provision for income taxes		22,307		14,956		54,857		50,233
Net income	$	73,840	$	61,492	$	206,335	$	177,633
Basic earnings per share	$	0.59	$	0.48	$	1.65	$	1.39
Diluted earnings per share	$	0.59	$	0.48	$	1.64	$	1.38
Basic weighted-average outstanding shares		124,267,090		127,886,167		125,282,792		127,820,737
Diluted weighted-average outstanding shares		124,970,898		128,504,035		125,977,271		128,362,433

The accompanying notes are an integral part of these unaudited interim consolidated financial statements.

Table of Contents

FIRST HAWAIIAN, INC. AND SUBSIDIARY

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(Unaudited)


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(dollars in thousands)	2025		2024		2025		2024
Net income	$	73,840	$	61,492	$	206,335	$	177,633
Other comprehensive income, net of tax:
Net change in investment securities		19,315		66,101		76,010		76,452
Net change in cash flow derivative hedges		(456)		373		(165)		1,100
Other comprehensive income		18,859		66,474		75,845		77,552
Total comprehensive income	$	92,699	$	127,966	$	282,180	$	255,185

The accompanying notes are an integral part of these unaudited interim consolidated financial statements.

Table of Contents

FIRST HAWAIIAN, INC. AND SUBSIDIARY

CONSOLIDATED BALANCE SHEETS

(Unaudited)


	September 30,		December 31,
(dollars in thousands, except share amount)	2025		2024
Assets
Cash and due from banks	$	249,563	$	258,057
Interest-bearing deposits in other banks		1,606,080		912,133
Investment securities:
Available-for-sale, at fair value (amortized cost: $2,178,092 as of September 30, 2025 and $2,190,448 as of December 31, 2024)		1,986,717		1,926,516
Held-to-maturity, at amortized cost (fair value: $3,209,883 as of September 30, 2025 and $3,262,509 as of December 31, 2024)		3,594,188		3,790,650
Loans held for sale		468		—
Loans and leases		14,129,383		14,408,258
Less: allowance for credit losses		165,269		160,393
Net loans and leases		13,964,114		14,247,865

Premises and equipment, net		302,983		288,530
Accrued interest receivable		77,878		79,979
Bank-owned life insurance		507,950		491,890
Goodwill		995,492		995,492
Mortgage servicing rights		4,728		5,078
Other assets		808,567		831,996
Total assets	$	24,098,728	$	23,828,186
Liabilities and Stockholders' Equity
Deposits:
Interest-bearing	$	13,947,385	$	13,347,068
Noninterest-bearing		6,782,172		6,975,148
Total deposits		20,729,557		20,322,216
Short-term borrowings		—		250,000
Retirement benefits payable		94,504		97,135
Other liabilities		540,746		541,349
Total liabilities		21,364,807		21,210,700

Commitments and contingent liabilities (Note 12)

Stockholders' equity
Common stock ($0.01 par value; authorized 300,000,000 shares; issued/outstanding: 142,173,027 / 123,719,585 as of September 30, 2025; issued/outstanding: 141,748,847 / 126,422,898 as of December 31, 2024)		1,422		1,417
Additional paid-in capital		2,572,156		2,560,380
Retained earnings		1,041,573		934,048
Accumulated other comprehensive loss, net		(388,149)		(463,994)
Treasury stock (18,453,442 shares as of September 30, 2025 and 15,325,949 shares as of December 31, 2024)		(493,081)		(414,365)
Total stockholders' equity		2,733,921		2,617,486
Total liabilities and stockholders' equity	$	24,098,728	$	23,828,186

The accompanying notes are an integral part of these unaudited interim consolidated financial statements.

Table of Contents

FIRST HAWAIIAN, INC. AND SUBSIDIARY

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

(Unaudited)


	Three Months Ended September 30, 2025
								Accumulated
				Additional				Other
	Common Stock			Paid-In		Retained		Comprehensive		Treasury
(dollars in thousands, except share amounts)	Shares	Amount		Capital		Earnings		Income (Loss)		Stock		Total
Balance as of June 30, 2025	124,683,544	$	1,422	$	2,567,936	$	1,000,997	$	(407,008)	$	(468,802)	$	2,694,545
Net income	—		—		—		73,840		—		—		73,840
Cash dividends declared ($0.26 per share)	—		—		—		(32,308)		—		—		(32,308)
Common stock issued under Employee Stock Purchase Plan	—		—		130		—		—		—		130
Equity-based awards	—		—		4,090		(956)		—		—		3,134
Common stock repurchased	(963,959)		—		—		—		—		(24,041)		(24,041)
Stock repurchase excise tax	—		—		—		—		—		(238)		(238)
Other comprehensive income, net of tax	—		—		—		—		18,859		—		18,859
Balance as of September 30, 2025	123,719,585	$	1,422	$	2,572,156	$	1,041,573	$	(388,149)	$	(493,081)	$	2,733,921


	Nine Months Ended September 30, 2025
								Accumulated
				Additional				Other
	Common Stock			Paid-In		Retained		Comprehensive		Treasury
(dollars in thousands, except share amounts)	Shares	Amount		Capital		Earnings		Income (Loss)		Stock		Total
Balance as of December 31, 2024	126,422,898	$	1,417	$	2,560,380	$	934,048	$	(463,994)	$	(414,365)	$	2,617,486
Net income	—		—		—		206,335		—		—		206,335
Cash dividends declared ($0.78 per share)	—		—		—		(97,763)		—		—		(97,763)
Common stock issued under Employee Stock Purchase Plan	5,496		—		130		—		—		—		130
Equity-based awards	271,671		5		11,646		(1,047)		—		(4,011)		6,593
Common stock repurchased	(2,980,480)		—		—		—		—		(74,041)		(74,041)
Stock repurchase excise tax	—		—		—		—		—		(664)		(664)
Other comprehensive income, net of tax	—		—		—		—		75,845		—		75,845
Balance as of September 30, 2025	123,719,585	$	1,422	$	2,572,156	$	1,041,573	$	(388,149)	$	(493,081)	$	2,733,921

Table of Contents

FIRST HAWAIIAN, INC. AND SUBSIDIARY

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (continued)

(Unaudited)


	Three Months Ended September 30, 2024
								Accumulated
				Additional				Other
	Common Stock			Paid-In		Retained		Comprehensive		Treasury
(dollars in thousands, except share amounts)	Shares	Amount		Capital		Earnings		Income (Loss)		Stock		Total
Balance as of June 30, 2024	127,879,012	$	1,417	$	2,554,795	$	887,176	$	(519,132)	$	(373,944)	$	2,550,312
Net income	—		—		—		61,492		—		—		61,492
Cash dividends declared ($0.26 per share)	—		—		—		(33,250)		—		—		(33,250)
Common stock issued under Employee Stock Purchase Plan	7,155		—		141		—		—		—		141
Equity-based awards	—		—		3,222		(356)		—		(1)		2,865
Other comprehensive income, net of tax	—		—		—		—		66,474		—		66,474
Balance as of September 30, 2024	127,886,167	$	1,417	$	2,558,158	$	915,062	$	(452,658)	$	(373,945)	$	2,648,034


	Nine Months Ended September 30, 2024
								Accumulated
				Additional				Other
	Common Stock			Paid-In		Retained		Comprehensive		Treasury
(dollars in thousands, except share amounts)	Shares	Amount		Capital		Earnings		Income (Loss)		Stock		Total
Balance as of December 31, 2023	127,618,761	$	1,413	$	2,548,250	$	837,859	$	(530,210)	$	(371,246)	$	2,486,066
Net income	—		—		—		177,633		—		—		177,633
Cash dividends declared ($0.78 per share)	—		—		—		(99,655)		—		—		(99,655)
Common stock issued under Employee Stock Purchase Plan	7,155		—		141		—		—		—		141
Equity-based awards	260,251		4		9,767		(775)		—		(2,699)		6,297
Other comprehensive income, net of tax	—		—		—		—		77,552		—		77,552
Balance as of September 30, 2024	127,886,167	$	1,417	$	2,558,158	$	915,062	$	(452,658)	$	(373,945)	$	2,648,034

The accompanying notes are an integral part of these unaudited interim consolidated financial statements.

Table of Contents

FIRST HAWAIIAN, INC. AND SUBSIDIARY

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)


	Nine Months Ended
	September 30,
(dollars in thousands)	2025		2024
Cash flows from operating activities
Net income	$	206,335	$	177,633
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses		19,500		15,500
Depreciation, amortization and accretion, net		25,625		28,570
Deferred income tax provision (benefit)		2,153		(1,224)
Stock-based compensation		11,651		9,771
Gain on property insurance proceeds		—		(2,559)
Other gains		(44)		(566)
Originations of loans held for sale		(13,589)		(28,866)
Proceeds from sales of loans held for sale		13,029		28,572
Net gains on investment securities		(37)		—
Premiums paid on cash flow hedges		(2,914)		—
Amortization of premiums on cash flow hedges		200		—
Change in assets and liabilities:
Net decrease (increase) in other assets		2,566		(46,511)
Net (decrease) increase in other liabilities		(34,300)		23,368
Net cash provided by operating activities		230,175		203,688
Cash flows from investing activities
Available-for-sale securities:
Proceeds from maturities and principal repayments		210,983		222,716
Proceeds from calls and sales		67,434		41,350
Purchases		(266,554)		—
Held-to-maturity securities:
Proceeds from maturities and principal repayments		218,516		216,595
Proceeds from calls		4,223		1,615
Other investments:
Proceeds from sales		14,684		14,926
Purchases		(19,833)		(28,064)
Loans:
Net decrease in loans and leases resulting from originations and principal repayments		306,744		120,579
Proceeds from sales of loans originated for investment		—		27,526
Purchases of loans		(33,797)		(18,012)
Proceeds from bank-owned life insurance		1,475		1,920
Purchases of bank-owned life insurance		(2,000)		—
Proceeds from property insurance		—		2,559
Purchases of premises, equipment and software		(26,879)		(17,419)
Proceeds from sales of other real estate owned		—		104
Net cash provided by investing activities		474,996		586,395
Cash flows from financing activities
Net increase (decrease) in deposits		407,341		(1,104,955)
Proceeds from short-term borrowings		—		250,000
Repayment of short-term borrowings		(250,000)		(500,000)
Dividends paid		(98,796)		(99,655)
Stock tendered for payment of withholding taxes		(4,011)		(2,699)
Proceeds from employee stock purchase plan		130		141
Common stock repurchased		(74,041)		—
Stock repurchase excise tax paid in current period		(341)		—
Net cash used in financing activities		(19,718)		(1,457,168)
Net increase (decrease) in cash and cash equivalents		685,453		(667,085)
Cash and cash equivalents at beginning of period		1,170,190		1,739,897
Cash and cash equivalents at end of period	$	1,855,643	$	1,072,812
Supplemental disclosures
Interest paid	$	229,460	$	280,018
Income taxes paid, net of income tax refunds		38,872		39,568
Noncash investing and financing activities:
Operating lease right-of-use assets obtained in exchange for new lease obligations		2,988		3,372
Transfers to loans held for sale from loans and leases		—		27,096
Obligation to fund low-income housing partnerships		46,953		56,640
Stock repurchase excise tax settled in subsequent period		664		—

The accompanying notes are an integral part of these unaudited interim consolidated financial statements.

Table of Contents

FIRST HAWAIIAN, INC. AND SUBSIDIARY

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

1. Organization and Basis of Presentation

First Hawaiian, Inc. (“FHI” or the “Parent”), a bank holding company, owns 100% of the outstanding common stock of First Hawaiian Bank (“FHB” or the “Bank”), its only direct, wholly owned subsidiary. FHB offers a comprehensive suite of banking services to consumer and commercial customers, including loans, deposit products, wealth management, insurance, trust, retirement planning, credit card and merchant processing services.

The accompanying unaudited interim consolidated financial statements of First Hawaiian, Inc. and Subsidiary (the “Company”) have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations.

The accompanying unaudited interim consolidated financial statements and notes thereto should be read in conjunction with the Company’s audited consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024.

In the opinion of management, all adjustments, which consist of normal recurring adjustments necessary for a fair presentation of the interim period consolidated financial information, have been made. Results of operations for interim periods are not necessarily indicative of results to be expected for the entire year. Intercompany account balances and transactions have been eliminated in consolidation.

Use of Estimates in the Preparation of Financial Statements

The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management bases its estimates on historical experience and various other assumptions believed to be reasonable. Although these estimates are based on management’s best knowledge of current events, actual results may differ from these estimates.

Accounting Standards Adopted in 2025

In December 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2023-09, Income Taxes (Topic 740), Improvements to Income Tax Disclosures. This update includes amendments that further enhance the transparency and decision usefulness of income tax disclosures, primarily through standardizing and disaggregating rate reconciliation categories and income taxes paid by jurisdiction. This update is effective for the Company’s annual periods beginning January 1, 2025. The Company adopted the amendments of ASU No. 2023-09 effective January 1, 2025, and will include the required disclosures in its Annual Report on Form 10-K for the year ending December 31, 2025. The adoption of the provisions of ASU No. 2023-09 will impact the Company’s disclosures in its Income Taxes footnote but did not have a material impact on the Company’s consolidated financial statements.

Table of Contents

Recent Accounting Pronouncements

The following ASUs have been issued by the FASB and are applicable to the Company in future reporting periods.

In November 2024, the FASB issued ASU No. 2024-03, Income Statement – Reporting Comprehensive Income – Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses. This ASU requires public companies to disclose, in the notes to financial statements, specified information about certain costs and expenses at each interim and annual reporting period which include, for example, employee compensation, depreciation, and intangible asset amortization. In addition, certain expense amounts already required to be disclosed under current GAAP will need to be presented within the same disclosure as the other disaggregation requirements prescribed by this ASU. Public entities will also be required to disclose: (1) a qualitative description of the amounts remaining in relevant expense captions that are not separately disaggregated quantitatively and (2) the total amount of selling expenses and, in annual reporting periods, an entity’s definition of selling expenses. The FASB also issued ASU No. 2025-01 in January 2025 to clarify that the effective date of ASU No. 2024-03 for public entities is for annual reporting periods beginning after December 15, 2026, and interim periods within annual reporting periods beginning after December 15, 2027. Further, ASU No. 2024-03 is applied prospectively to financial statements issued for reporting periods beginning after the effective date, meaning that the disclosures required under ASU No. 2024-03 do not need to be included in the financial statements for reporting periods beginning before the effective date that are presented for comparative purposes. Early adoption is permitted. The Company is in the process of evaluating the impact that this new guidance may have on the Company’s consolidated financial statements.

In September 2025, the FASB issued ASU No. 2025-06, Intangibles – Goodwill and Other – Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software. This ASU intends to improve the operability of internal-use software accounting guidance by removing all references to software development project stages so that the guidance is neutral to different software development methods. Under current accounting principles, entities are required to capitalize development costs incurred for internal-use software depending on the nature of the costs and the project stage during which they occur. With the removal of software development project stages, the amendments in this ASU require that an entity start capitalizing software costs when both of these conditions are met: (1) management has authorized and committed to funding the software project and (2) it is probable that the project will be completed and the software will be used to perform the function intended (referred to as the “probable-to-complete recognition threshold,” which also takes into consideration whether there is significant uncertainty associated with the development activities of the software (referred to as “significant development uncertainty”)). This ASU is effective for annual reporting periods beginning after December 15, 2027, and interim reporting periods within those annual reporting periods. Early adoption is permitted as of the beginning of an annual reporting period and application of the new guidance can be done prospectively, retrospectively, or through a modified prospective transition approach. The Company is in the process of evaluating the impact that this new guidance may have on the Company’s consolidated financial statements.

Table of Contents

Impact of Recent Tax Reforms

Recent California Tax Legislation

On June 27, 2025 (the “enactment date”), California Governor Newsom signed a bill mandating that financial institutions adopt a single-sales-factor apportionment formula for California state income and franchise tax purposes retroactively for tax years beginning January 1, 2025. The shift to a single-factor apportionment from a previously three-factor formula alters the calculation of California taxable income and changes the marginal tax rate used by the Company for its estimates of the income tax provision, deferred taxes, and other comprehensive income. The Company has elected a “Beginning-of-Year Approach” to reflect the change in tax legislation, resulting in adjustments that include a remeasurement of the beginning of the year deferred taxes at the new rate. This remeasurement adjustment is recognized as a discrete item in the period including the enactment date. As this legislation was enacted in the second quarter, during the three and six months ended June 30, 2025, the Company recorded a net $5.1 million income tax benefit as a result of these adjustments.

One Big Beautiful Bill Act

On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (“OBBBA”) and enacted into law a broad range of tax reform provisions affecting businesses, which include, but are not limited to, permanently extending and modifying certain key 2017 Tax Cuts and Jobs Act provisions and expanding, as well as accelerating the phase-out of, certain 2022 Inflation Reduction Act incentives. The Company is in the process of evaluating the impact that this new legislation may have on the Company’s financial position and results of operations, including but not limited to the reclassification of current and deferred income taxes due to the impact of bonus depreciation and domestic research and development (“R&D”) costs, as well as the future impact of any projected solar credits.

2. Investment Securities

As of September 30, 2025 and December 31, 2024, investment securities consisted predominantly of the following investment categories:

Debt securities – includes debt securities issued by U.S. government agencies.

Mortgage-backed securities – includes securities backed by notes or receivables secured by mortgage assets with cash flows based on actual or scheduled payments.

Collateralized mortgage obligations – includes securities backed by a pool of mortgages with cash flows distributed based on certain rules rather than pass through payments.

Collateralized loan obligations – includes structured debt securities backed by a pool of loans, consisting of primarily non-investment grade broadly syndicated corporate loans with additional credit enhancement. These are floating rate securities that have an investment grade rating of AA or better.

Debt securities issued by states and political subdivisions – includes general obligation bonds issued by state and local governments.

Table of Contents

As of September 30, 2025 and December 31, 2024, the Company’s investment securities were classified as either available-for-sale or held-to-maturity. Amortized cost, gross unrealized holding gains and losses and fair value of available-for-sale and held-to-maturity investment securities as of September 30, 2025 and December 31, 2024 were as follows:


	September 30, 2025								December 31, 2024
	Amortized		Unrealized		Unrealized		Fair		Amortized		Unrealized		Unrealized		Fair
(dollars in thousands)	Cost		Gains		Losses		Value		Cost		Gains		Losses		Value
Government agency debt securities	$	—	$	—	$	—	$	—	$	8,170	$	—	$	(23)	$	8,147
Mortgage-backed securities:
Residential - Government agency		32,641		279		(1,086)		31,834		37,473		—		(1,614)		35,859
Residential - Government-sponsored enterprises		840,130		1,564		(66,253)		775,441		840,836		—		(102,723)		738,113
Commercial - Government agency		239,479		—		(48,312)		191,167		249,348		—		(53,223)		196,125
Commercial - Government-sponsored enterprises		43,761		—		(1,548)		42,213		48,015		—		(3,107)		44,908
Commercial - Non-agency		120,793		641		(24)		121,410		22,000		83		—		22,083
Collateralized mortgage obligations:
Government agency		475,946		800		(40,455)		436,291		452,038		—		(54,914)		397,124
Government-sponsored enterprises		327,554		541		(37,675)		290,420		359,416		—		(48,734)		310,682
Collateralized loan obligations		97,788		153		—		97,941		173,152		323		—		173,475
Total available-for-sale securities	$	2,178,092	$	3,978	$	(195,353)	$	1,986,717	$	2,190,448	$	406	$	(264,338)	$	1,926,516

Government agency debt securities	$	47,514	$	—	$	(3,557)	$	43,957	$	49,267	$	—	$	(5,398)	$	43,869
Mortgage-backed securities:
Residential - Government agency		37,979		—		(4,802)		33,177		40,888		—		(6,579)		34,309
Residential - Government-sponsored enterprises		88,255		—		(11,393)		76,862		92,573		—		(14,854)		77,719
Commercial - Government agency		30,817		—		(7,910)		22,907		31,009		—		(8,666)		22,343
Commercial - Government-sponsored enterprises		1,094,959		225		(110,402)		984,782		1,114,549		201		(149,244)		965,506
Collateralized mortgage obligations:
Government agency		842,658		—		(92,792)		749,866		907,565		—		(126,020)		781,545
Government-sponsored enterprises		1,397,112		—		(149,497)		1,247,615		1,500,212		—		(210,721)		1,289,491
Debt securities issued by states and political subdivisions		54,894		—		(4,177)		50,717		54,587		—		(6,860)		47,727
Total held-to-maturity securities	$	3,594,188	$	225	$	(384,530)	$	3,209,883	$	3,790,650	$	201	$	(528,342)	$	3,262,509

Accrued interest receivable related to available-for-sale investment securities was $5.0 million and $5.6 million as of September 30, 2025 and December 31, 2024, respectively. Accrued interest receivable related to held-to-maturity investment securities was $6.6 million as of both September 30, 2025 and December 31, 2024. Accrued interest receivable is recorded separately from the amortized cost basis of investment securities on the Company’s unaudited interim consolidated balance sheets.

Proceeds from calls and sales of investment securities were $30.7 million and nil, respectively, for the three months ended September 30, 2025, and $71.6 million and nil, respectively, for the nine months ended September 30, 2025. Proceeds from calls and sales of investment securities were $9.2 million and nil, respectively, for the three months ended September 30, 2024 and $43.0 million and nil, respectively, for the nine months ended September 30, 2024. The Company recorded gross realized gains of nil and gross realized losses of nil for the three and nine months ended September 30, 2025 and 2024. The income tax expense related to the Company’s net realized gain on the sale of investment securities was nil for the three and nine months ended September 30, 2025 and 2024. Gains and losses realized on sales of securities are determined using the specific identification method.

Table of Contents

Interest income from taxable investment securities was $26.3 million and $26.6 million, respectively, for the three months ended September 30, 2025 and 2024, and $78.7 million and $84.2 million, respectively, for the nine months ended September 30, 2025 and 2024. Interest income from non-taxable investment securities was $3.1 million and $3.2 million, respectively, for the three months ended September 30, 2025 and 2024, and $9.3 million and $9.6 million, respectively, for the nine months ended September 30, 2025 and 2024.

The amortized cost and fair value of debt securities issued by government agencies and states and political subdivisions, non-agency mortgage-backed securities and collateralized loan obligations as of September 30, 2025, by contractual maturity, are shown below. Mortgage-backed securities and collateralized mortgage obligations issued by government agencies and government-sponsored enterprises are disclosed separately in the table below as remaining expected maturities will differ from contractual maturities as borrowers have the right to prepay obligations.


	September 30, 2025
	Amortized		Fair
(dollars in thousands)	Cost		Value
Available-for-sale securities
Due in one year or less	$	—	$	—
Due after one year through five years		78,662		79,248
Due after five years through ten years		93,938		94,091
Due after ten years		45,981		46,012
		218,581		219,351

Mortgage-backed securities:
Residential - Government agency		32,641		31,834
Residential - Government-sponsored enterprises		840,130		775,441
Commercial - Government agency		239,479		191,167
Commercial - Government-sponsored enterprises		43,761		42,213
Total mortgage-backed securities		1,156,011		1,040,655
Collateralized mortgage obligations:
Government agency		475,946		436,291
Government-sponsored enterprises		327,554		290,420
Total collateralized mortgage obligations		803,500		726,711
Total available-for-sale securities	$	2,178,092	$	1,986,717

Held-to-maturity securities
Due in one year or less	$	—	$	—
Due after one year through five years		—		—
Due after five years through ten years		51,958		48,993
Due after ten years		50,450		45,681
		102,408		94,674

Mortgage-backed securities:
Residential - Government agency		37,979		33,177
Residential - Government-sponsored enterprises		88,255		76,862
Commercial - Government agency		30,817		22,907
Commercial - Government-sponsored enterprises		1,094,959		984,782
Total mortgage-backed securities		1,252,010		1,117,728
Collateralized mortgage obligations:
Government agency		842,658		749,866
Government-sponsored enterprises		1,397,112		1,247,615
Total collateralized mortgage obligations		2,239,770		1,997,481
Total held-to-maturity securities	$	3,594,188	$	3,209,883

Table of Contents

At September 30, 2025, pledged securities totaled $4.4 billion, of which $2.4 billion was pledged to secure borrowing capacity, $2.0 billion was pledged to secure public deposits and $49.5 million was pledged to secure other financial transactions. At December 31, 2024, pledged securities totaled $3.8 billion, of which $2.1 billion was pledged to secure borrowing capacity, $1.7 billion was pledged to secure public deposits and $19.3 million was pledged to secure other financial transactions.

The Company held no securities of any single issuer, other than debt securities issued by government agencies and government-sponsored enterprises, which were in excess of 10% of stockholders’ equity as of September 30, 2025 and December 31, 2024.

The following tables present the unrealized gross losses and fair values of securities in the available-for-sale portfolio by length of time that the 140 and 159 individual securities in each category have been in a continuous loss position as of September 30, 2025 and December 31, 2024, respectively. The unrealized losses on available-for-sale investment securities were attributable to changes in interest rates, relative to when the investment securities were purchased, and not due to the credit quality of the investment securities.

Time in Continuous Loss as of September 30, 2025

Less Than 12 Months

12 Months or More

Total

Unrealized

(dollars in thousands)

Losses

Fair Value

Losses

Fair Value

Losses

Fair Value

Mortgage-backed securities:

Residential - Government agency

—

(1,086)

8,395

(1,086)

8,395

Residential - Government-sponsored enterprises

(233)

51,145

(66,020)

572,041

(66,253)

623,186

Commercial - Government agency

—

(48,312)

191,167

(48,312)

191,167

Commercial - Government-sponsored enterprises

—

(1,548)

42,213

(1,548)

42,213

Commercial - Non-agency

(24)

7,020

—

(24)

7,020

Collateralized mortgage obligations:

Government agency

(18)

16,203

(40,437)

292,492

(40,455)

308,695

Government-sponsored enterprises

—

(37,675)

236,744

(37,675)

236,744

Total available-for-sale securities with unrealized losses

(275)

74,368

(195,078)

1,343,052

(195,353)

1,417,420


	Time in Continuous Loss as of December 31, 2024
	Less Than 12 Months				12 Months or More				Total
	Unrealized				Unrealized				Unrealized
(dollars in thousands)	Losses		Fair Value		Losses		Fair Value		Losses		Fair Value
Government agency debt securities	$	—	$	—	$	(23)	$	8,147	$	(23)	$	8,147
Mortgage-backed securities:
Residential - Government agency		(154)		27,127		(1,460)		8,732		(1,614)		35,859
Residential - Government-sponsored enterprises		(2,997)		116,084		(99,726)		622,029		(102,723)		738,113
Commercial - Government agency		—		—		(53,223)		196,125		(53,223)		196,125
Commercial - Government-sponsored enterprises		—		—		(3,107)		44,908		(3,107)		44,908
Collateralized mortgage obligations:
Government agency		(712)		76,968		(54,202)		310,171		(54,914)		387,139
Government-sponsored enterprises		(912)		57,509		(47,822)		253,173		(48,734)		310,682
Total available-for-sale securities with unrealized losses	$	(4,775)	$	277,688	$	(259,563)	$	1,443,285	$	(264,338)	$	1,720,973

At September 30, 2025 and December 31, 2024, the Company did not have any available-for-sale securities with the intent to sell and determined it was more likely than not that the Company would not be required to sell the securities prior to recovery of the amortized cost basis. As the Company had the intent and ability to hold the remaining available-for-sale securities in an unrealized loss position as of September 30, 2025 and December 31, 2024, each security with an unrealized loss position in the above tables has been further assessed to determine if a credit loss exists. As of September 30, 2025 and December 31, 2024, the Company did not expect any credit losses in its available-for-sale debt securities and no credit losses were recognized on available-for-sale securities during the three and nine months ended September 30, 2025 and for the year ended December 31, 2024.

Table of Contents

As of September 30, 2025 and December 31, 2024, the Company’s investment securities were comprised primarily of debt securities, mortgage-backed securities and collateralized mortgage obligations issued by U.S. government agencies and government-sponsored enterprises, with under 5% of the investment securities comprised of collateralized loan obligations rated AA or better, obligations issued by local state and political subdivisions rated AA or better and non-agency commercial mortgage-backed securities rated AAA. For investment securities issued by the U.S. Government, its agencies and government-sponsored enterprises, management has concluded that the long history with no credit losses from these issuers indicates an expectation that nonpayment of the amortized cost basis is zero, and these securities are explicitly or implicitly fully guaranteed by the U.S. government. The U.S. government can print its own currency and its currency is routinely held by central banks and other major financial institutions. The dollar is used in international commerce, and commonly is viewed as a reserve currency, all of which qualitatively indicates that historical credit loss information should be minimally affected by current conditions and reasonable and supportable forecasts. For collateralized loan obligations, debt securities issued by local state and political subdivisions and non-agency commercial mortgage-backed securities, these securities are investment grade and highly rated and carry either sufficient credit enhancement or days cash on hand to support timely payments of principal and interest. As a result, the Company does not expect any future payment defaults and has not recorded an allowance for credit losses for its available-for-sale and held-to-maturity debt securities as of September 30, 2025 or December 31, 2024.

3. Loans and Leases

As of September 30, 2025 and December 31, 2024, loans and leases were comprised of the following:


	September 30,		December 31,
(dollars in thousands)	2025		2024
Commercial and industrial	$	2,027,504	$	2,247,428
Commercial real estate		4,513,706		4,463,992
Construction		881,462		918,326
Residential:
Residential mortgage		4,077,946		4,168,154
Home equity line		1,170,822		1,151,739
Total residential		5,248,768		5,319,893
Consumer		1,013,663		1,023,969
Lease financing		444,280		434,650
Total loans and leases	$	14,129,383	$	14,408,258

Outstanding loan balances are reported net of deferred loan costs and fees of $54.4 million and $53.2 million at September 30, 2025 and December 31, 2024, respectively.

Accrued interest receivable related to loans and leases was $66.2 million and $67.7 million as of September 30, 2025 and December 31, 2024, respectively, and is recorded separately from the amortized cost basis of loans and leases on the Company’s unaudited interim consolidated balance sheets.

As of September 30, 2025, residential real estate loans and commercial real estate loans totaling $4.9 billion were pledged to collateralize the Company’s borrowing capacity at the Federal Home Loan Bank of Des Moines (“FHLB”), and consumer, commercial and industrial, commercial real estate, residential real estate loans and pledged securities totaling $4.0 billion were pledged to collateralize the borrowing capacity at the Federal Reserve Bank of San Francisco (“FRB”). As of December 31, 2024, residential real estate loans and commercial real estate loans totaling $5.0 billion were pledged to collateralize the Company’s borrowing capacity at the FHLB, and consumer, commercial and industrial, commercial real estate, residential real estate loans and pledged securities totaling $3.6 billion were pledged to collateralize the borrowing capacity at the FRB. Residential real estate loans collateralized by properties that were in the process of foreclosure totaled $4.6 million and $5.9 million as of September 30, 2025 and December 31, 2024, respectively.

Table of Contents

In the course of evaluating the credit risk presented by a customer and the pricing that will adequately compensate the Company for assuming that risk, management may require a certain amount of collateral support. The type of collateral held varies, but may include accounts receivable, inventory, land, buildings, equipment, income-producing commercial properties and residential real estate. The Company applies the same collateral policy for loans whether they are funded immediately or on a delayed basis. The loan and lease portfolio is principally located in Hawaii and, to a lesser extent, on the U.S. Mainland, Guam and Saipan. The risk inherent in the portfolio depends upon both the economic stability of the state or territories, which affects property values, and the financial strength and creditworthiness of the borrowers.

4. Allowance for Credit Losses

The Company maintains the allowance for credit losses for loans and leases (the “ACL”) that is deducted from the amortized cost basis of loans and leases to present the net carrying value of loans and leases expected to be collected. The measurement of expected credit losses is based on relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectibility of the reported amount of loans and leases. While management utilizes its best judgment and information available, the ultimate appropriateness of the ACL is dependent upon a variety of factors beyond the Company’s control, including the performance of the Company’s loan portfolio, the economy, changes in interest rates and the view of the regulatory authorities toward loan classifications.

The Company also maintains an estimated reserve for unfunded commitments included in other liabilities on the unaudited interim consolidated balance sheets. The reserve for unfunded commitments is reduced in the period in which the off-balance sheet financial instruments expire, loan funding occurs, or is otherwise settled.

The Company’s methodology is more fully described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, which should be read in conjunction with these unaudited interim consolidated financial statements as of and for the three and nine months ended September 30, 2025.

Rollforward of the Allowance for Credit Losses

The following presents the activity in the ACL by class of loans and leases for the three and nine months ended September 30, 2025 and 2024:

Three Months Ended September 30, 2025

Commercial Lending

Residential Lending

Commercial

Home

and

Real

Lease

Residential

Equity

(dollars in thousands)

Industrial

Estate

Construction

Financing

Mortgage

Line

Consumer

Total

Allowance for credit losses:

Balance at beginning of period

20,061

39,264

8,945

2,343

37,965

11,190

48,057

167,825

Charge-offs

(1,106)

—

(580)

—

(4,719)

(6,405)

Recoveries

410

—

1,749

2,199

Provision (benefit)

(281)

(424)

(557)

752

(248)

168

2,240

1,650

Balance at end of period

19,084

38,840

8,388

2,515

37,731

11,384

47,327

165,269

Nine Months Ended September 30, 2025

Commercial Lending

Residential Lending

Commercial

Home

and

Real

Lease

Residential

Equity

(dollars in thousands)

Industrial

Estate

Construction

Financing

Mortgage

Line

Consumer

Total

Allowance for credit losses:

Balance at beginning of period

16,332

40,624

8,570

2,269

39,230

10,205

43,163

160,393

Charge-offs

(3,253)

—

(662)

—

(30)

(14,287)

(18,232)

Recoveries

1,009

251

—

143

122

5,433

6,958

Provision (benefit)

4,996

FIRST HAWAIIAN, INC. 10-Q