XML 125 R21.htm IDEA: XBRL DOCUMENT v2.4.0.6
Significant group concentrations of credit risk
12 Months Ended
Dec. 31, 2011
Significant group concentrations of credit risk  
Significant group concentrations of credit risk

14 · Significant group concentrations of credit risk

 

Most of the Company’s business activity is with customers located in the State of Hawaii. Most of ASB’s financial instruments are based in the State of Hawaii, except for the investment and mortgage-related securities it owns. Substantially all real estate loans receivable are collateralized by real estate in Hawaii. ASB’s policy is to require mortgage insurance on all real estate loans with a loan to appraisal ratio in excess of 80% at origination.