EX-12.1 13 a2167652zex-12_1.htm EXHIBIT 12.1
QuickLinks -- Click here to rapidly navigate through this document

Exhibit 12.1

Bank of Hawaii Corporation and Subsidiaries
Statement Regarding Computation of Ratios
Year Ended December 31, 2005 and 2004

	Year Ended December 31,
	2005			2004
	(dollars in thousands)
Earnings:
1. Income Before Income Taxes	$	284,197		$	271,244
2. Plus: Fixed Charges Including Interest on Deposits		99,329			64,424

3. Earnings Including Fixed Charges and Including Interest on Deposits		383,526			335,668
4. Less: Interest on Deposits		58,426			36,743

5. Earnings Excluding Interest on Deposits	$	325,100		$	298,925

Fixed Charges:
6. Fixed Charges Including Interest on Deposits	$	99,329		$	64,424
7. Less: Interest on Deposits		58,426			36,743

8. Fixed Charges Excluding Interest on Deposits	$	40,903		$	27,681

Ratio of Earnings to Fixed Charges:
Including Interest on Deposits (Line 3 divided by Line 6)		3.9	x		5.2	x
Excluding Interest on Deposits (Line 5 divided by Line 8)		7.9	x		10.8	x