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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure [Table]        
Pay vs Performance [Table Text Block]

In accordance with the SEC’s disclosure requirements regarding pay versus performance, or PVP, this section presents the SEC-defined “Compensation Actually Paid,” or CAP. Also required by the SEC, this section compares CAP to various measures used to gauge performance.

 

 

 

 

 

 

 

 

 

 

Value of Initial Fixed $100 Investment Based On:

 

 

 

 

 

Year

Summary Compensation Table Total for PEO
($) (1)

 

Compensation Actually Paid to PEO
($) (1) (2)

 

Average Summary Compensation Table Total for Non-PEO Named Executive Officers
($) (3)

 

Average Compensation Actually Paid to Non-PEO Named Executive Officers
($) (2) (3)

 

Total Shareholder Return
($)

 

Peer Group Total Shareholder Return
($) (4)

 

Net Income
($)

 

Return-on-Common Equity
(%) (5)

 

2023

 

4,627,918

 

 

4,381,686

 

 

1,540,927

 

 

1,701,848

 

 

89

 

 

94

 

 

171,202,000

 

 

13.89

%

2022

 

6,056,524

 

 

5,674,791

 

 

2,661,358

 

 

2,487,102

 

 

91

 

 

107

 

 

225,804,000

 

 

17.83

%

2021

 

7,339,234

 

 

8,082,521

 

 

3,143,609

 

 

3,227,437

 

 

95

 

 

131

 

 

253,372,000

 

 

17.92

%

2020

 

4,248,492

 

 

3,003,245

 

 

1,463,462

 

 

1,166,693

 

 

84

 

 

93

 

 

153,804,000

 

 

11.56

%

(1) Reflects compensation for our Chairman, Chief Executive Officer & President, Peter S. Ho, who served as our Principal Executive Officer (PEO) in 2020, 2021, 2022 and 2023.

(2) CAP values for fiscal years 2020, 2021, and 2022 differ from those published in our March 17, 2023 proxy. These differences are a result of changes in our understanding of the assumptions and methodologies required under the SEC rule.

(3) Reflects compensation for Dean Y. Shigemura, Sharon M. Crofts, James C. Polk, Mary E. Sellers, and Mark A. Rossi in 2020; Dean Y. Shigemura, Sharon M. Crofts, James C. Polk, and Mary E. Sellers in 2021; and Dean Y. Shigemura, Marco A. Abbruzzese, James C. Polk, and Mary E. Sellers in 2022; and Dean Y. Shigemura, Marco A. Abbruzzese, Matthew K.M. Emerson, and S. Bradley Shairson in 2023, as shown in the Summary Compensation Table for each respective year.

(4) Peer Group used for TSR comparisons reflects the S&P Supercomposite Regional Bank Index.

(5) Return-on-Common-Equity is generally defined as the net income available to common shareholders as a percent of average common equity.

     
Company Selected Measure Name Return-on-Common-Equity      
Named Executive Officers, Footnote [Text Block] Reflects compensation for our Chairman, Chief Executive Officer & President, Peter S. Ho, who served as our Principal Executive Officer (PEO) in 2020, 2021, 2022 and 2023. Reflects compensation for Dean Y. Shigemura, Sharon M. Crofts, James C. Polk, Mary E. Sellers, and Mark A. Rossi in 2020; Dean Y. Shigemura, Sharon M. Crofts, James C. Polk, and Mary E. Sellers in 2021; and Dean Y. Shigemura, Marco A. Abbruzzese, James C. Polk, and Mary E. Sellers in 2022; and Dean Y. Shigemura, Marco A. Abbruzzese, Matthew K.M. Emerson, and S. Bradley Shairson in 2023, as shown in the Summary Compensation Table for each respective year.      
Peer Group Issuers, Footnote [Text Block] Peer Group used for TSR comparisons reflects the S&P Supercomposite Regional Bank Index.      
PEO Total Compensation Amount $ 4,627,918 $ 6,056,524 $ 7,339,234 $ 4,248,492
PEO Actually Paid Compensation Amount $ 4,381,686 5,674,791 8,082,521 3,003,245
Adjustment To PEO Compensation, Footnote [Text Block]

To calculate “compensation actually paid” for our CEO and other NEOs, the following adjustments were made to the Summary Compensation Table total pay.
 

 

PEO

 

Other NEO Average

 

Adjustments
(1)

2023

 

2022

 

2021

 

2020

 

2023

 

2022

 

2021

 

2020

 

Summary Compensation Table Total

 

4,627,918

 

 

6,056,524

 

 

7,339,234

 

 

4,248,492

 

 

1,540,927

 

 

2,661,358

 

 

3,143,609

 

 

1,463,462

 

Deduction for amount reported in “Stock Awards” column of the Summary Compensation Table

 

(3,000,067

)

 

(3,000,075

)

 

(4,211,668

)

 

(2,500,060

)

 

(750,079

)

 

(1,350,055

)

 

(2,003,242

)

 

(540,023

)

Addition of fair value at fiscal year (FY) end, of equity awards granted during the FY that remained outstanding

 

2,893,835

 

 

2,665,970

 

 

3,959,251

 

 

2,140,993

 

 

916,492

 

 

1,190,982

 

 

1,824,565

 

 

462,463

 

Addition of change in fair value at FY end versus prior FY end for awards granted in prior FY that remained outstanding

 

(389,222

)

 

(449,810

)

 

389,023

 

 

(979,172

)

 

(59,815

)

 

(139,071

)

 

96,406

 

 

(217,007

)

Addition of change in fair value at vesting date versus prior FY end for awards granted in prior FY that vested during the FY

 

(75,927

)

 

102,798

 

 

327,875

 

 

(120,582

)

 

(9,017

)

 

18,085

 

 

79,758

 

 

(45,446

)

Addition in respect of any dividends or other earnings paid during applicable FY prior to vesting date of underlying award

 

325,514

 

 

299,384

 

 

278,806

 

 

216,429

 

 

63,340

 

 

105,803

 

 

86,341

 

 

44,648

 

Deduction for values reported in the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” column of the Summary Compensation Table

 

(365

)

 

-

 

 

-

 

 

(2,855

)

 

-

 

 

-

 

 

-

 

 

(1,404

)

Compensation Actually Paid

 

4,381,686

 

 

5,674,791

 

 

8,082,521

 

 

3,003,245

 

 

1,701,848

 

 

2,487,102

 

 

3,227,437

 

 

1,166,693

 

(1) Measurement date equity fair values are calculated with assumptions derived on a basis consistent with those used for grant date fair value purposes.

     
Non-PEO NEO Average Total Compensation Amount $ 1,540,927 2,661,358 3,143,609 1,463,462
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,701,848 2,487,102 3,227,437 1,166,693
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]

To calculate “compensation actually paid” for our CEO and other NEOs, the following adjustments were made to the Summary Compensation Table total pay.
 

 

PEO

 

Other NEO Average

 

Adjustments
(1)

2023

 

2022

 

2021

 

2020

 

2023

 

2022

 

2021

 

2020

 

Summary Compensation Table Total

 

4,627,918

 

 

6,056,524

 

 

7,339,234

 

 

4,248,492

 

 

1,540,927

 

 

2,661,358

 

 

3,143,609

 

 

1,463,462

 

Deduction for amount reported in “Stock Awards” column of the Summary Compensation Table

 

(3,000,067

)

 

(3,000,075

)

 

(4,211,668

)

 

(2,500,060

)

 

(750,079

)

 

(1,350,055

)

 

(2,003,242

)

 

(540,023

)

Addition of fair value at fiscal year (FY) end, of equity awards granted during the FY that remained outstanding

 

2,893,835

 

 

2,665,970

 

 

3,959,251

 

 

2,140,993

 

 

916,492

 

 

1,190,982

 

 

1,824,565

 

 

462,463

 

Addition of change in fair value at FY end versus prior FY end for awards granted in prior FY that remained outstanding

 

(389,222

)

 

(449,810

)

 

389,023

 

 

(979,172

)

 

(59,815

)

 

(139,071

)

 

96,406

 

 

(217,007

)

Addition of change in fair value at vesting date versus prior FY end for awards granted in prior FY that vested during the FY

 

(75,927

)

 

102,798

 

 

327,875

 

 

(120,582

)

 

(9,017

)

 

18,085

 

 

79,758

 

 

(45,446

)

Addition in respect of any dividends or other earnings paid during applicable FY prior to vesting date of underlying award

 

325,514

 

 

299,384

 

 

278,806

 

 

216,429

 

 

63,340

 

 

105,803

 

 

86,341

 

 

44,648

 

Deduction for values reported in the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” column of the Summary Compensation Table

 

(365

)

 

-

 

 

-

 

 

(2,855

)

 

-

 

 

-

 

 

-

 

 

(1,404

)

Compensation Actually Paid

 

4,381,686

 

 

5,674,791

 

 

8,082,521

 

 

3,003,245

 

 

1,701,848

 

 

2,487,102

 

 

3,227,437

 

 

1,166,693

 

(1) Measurement date equity fair values are calculated with assumptions derived on a basis consistent with those used for grant date fair value purposes.

     
Compensation Actually Paid vs. Total Shareholder Return [Text Block]

img208917557_39.jpg 

     
Compensation Actually Paid vs. Net Income [Text Block] img208917557_40.jpg      
Compensation Actually Paid vs. Company Selected Measure [Text Block] img208917557_41.jpg      
Tabular List [Table Text Block]

The following table alphabetically lists the measures we believe are most important in linking compensation actually paid to company performance during 2023.

1.
EPS Growth
2.
Return on Common Equity
3.
Stock Price to Book
     
Total Shareholder Return Amount $ 89 91 95 84
Peer Group Total Shareholder Return Amount 94 107 131 93
Net Income (Loss) $ 171,202,000 $ 225,804,000 $ 253,372,000 $ 153,804,000
Company Selected Measure Amount 13.89 17.83 17.92 11.56
PEO Name Peter S. Ho Peter S. Ho Peter S. Ho Peter S. Ho
Measure [Axis]: 1        
Pay vs Performance Disclosure [Table]        
Measure Name EPS Growth      
Non-GAAP Measure Description [Text Block] Return-on-Common-Equity is generally defined as the net income available to common shareholders as a percent of average common equity.      
Measure [Axis]: 2        
Pay vs Performance Disclosure [Table]        
Measure Name Return on Common Equity      
Measure [Axis]: 3        
Pay vs Performance Disclosure [Table]        
Measure Name Stock Price to Book      
PEO [Member] | Deduction for Amount Reported in “Stock Awards” Column of the Summary Compensation [Table]        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount $ (3,000,067) $ (3,000,075) $ (4,211,668) $ (2,500,060)
PEO [Member] | Addition of Fair Value at Fiscal Year (FY) End, of Equity Awards Granted During the FY that Remained Outstanding        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 2,893,835 2,665,970 3,959,251 2,140,993
PEO [Member] | Addition of Change in Fair Value at FY End Versus Prior FY End for Awards Granted in Prior FY That Remained Outstanding        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount (389,222) (449,810) 389,023 (979,172)
PEO [Member] | Addition of Change in Fair Value at Vesting Date Versus Prior Fiscal Year End for Awards Granted in Prior Fiscal Year That Vested During the Fiscal Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount (75,927) (102,798) (327,875) (120,582)
PEO [Member] | Addition in Respect of Any Dividends or Other Earnings Paid During Applicable Fiscal Year Prior to Vesting Date of Underlying Award        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 325,514 299,384 278,806 216,429
PEO [Member] | Deduction for Values Reported in the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” Column of the Summary Compensation [Table]        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount (365)     (2,855)
Non-PEO NEO [Member] | Deduction for Amount Reported in “Stock Awards” Column of the Summary Compensation [Table]        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount (750,079) (1,350,055) (2,003,242) (540,023)
Non-PEO NEO [Member] | Addition of Fair Value at Fiscal Year (FY) End, of Equity Awards Granted During the FY that Remained Outstanding        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 916,492 1,190,982 1,824,565 462,463
Non-PEO NEO [Member] | Addition of Change in Fair Value at FY End Versus Prior FY End for Awards Granted in Prior FY That Remained Outstanding        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount (59,815) (139,071) 96,406 (217,007)
Non-PEO NEO [Member] | Addition of Change in Fair Value at Vesting Date Versus Prior Fiscal Year End for Awards Granted in Prior Fiscal Year That Vested During the Fiscal Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount (9,017) (18,085) (79,758) (45,446)
Non-PEO NEO [Member] | Addition in Respect of Any Dividends or Other Earnings Paid During Applicable Fiscal Year Prior to Vesting Date of Underlying Award        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount $ 63,340 $ 105,803 $ 86,341 44,648
Non-PEO NEO [Member] | Deduction for Values Reported in the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” Column of the Summary Compensation [Table]        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount       $ (1,404)