First Hawaiian (FHB) 10-Q8 Aug 222022 Q2 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2022	Jul. 29, 2022
Cover page
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	001-14585
Entity Registrant Name	FIRST HAWAIIAN, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	99-0156159
Entity Address, Address Line One	999 Bishop Street, 29th Floor
Entity Address, City or Town	Honolulu
Entity Address, Postal Zip Code	96813
Local Phone Number	525-7000
City Area Code	808
Title of 12(b) Security	Common Stock
Trading Symbol	FHB
Security Exchange Name	NASDAQ
Entity Address, State or Province	HI
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		127,698,700
Current Fiscal Year End Date	--12-31
Entity Central Index Key	0000036377
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Amendment Flag	false

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Interest income
Loans and lease financing	$ 111,916	$ 110,919	$ 215,648	$ 221,858
Available-for-sale investment securities	16,643	24,637	48,750	47,783
Held-to-maturity investment securities	18,289		18,289
Other	2,896	666	3,678	1,157
Total interest income	149,744	136,222	286,365	270,798
Interest expense
Deposits	4,597	3,363	7,346	7,419
Short-term and long-term borrowings		1,378		2,740
Total interest expense	4,597	4,741	7,346	10,159
Net interest income	145,147	131,481	279,019	260,639
Provision for credit losses	1,000	(35,000)	(4,747)	(35,000)
Net interest income after provision for credit losses	144,147	166,481	283,766	295,639
Noninterest income
Service charges on deposit accounts	6,843	6,632	14,344	13,350
Credit and debit card fees	17,056	16,746	31,906	31,297
Other service charges and fees	9,018	10,303	18,672	19,149
Trust and investment services income	8,759	8,707	17,642	17,199
Bank-owned life insurance	(859)	3,104	(1,276)	5,493
Investment securities gains, net		102		102
Other	3,320	3,777	4,229	6,649
Total noninterest income	44,137	49,371	85,517	93,239
Noninterest expense
Salaries and employee benefits	49,902	45,982	98,128	89,918
Contracted services and professional fees	18,617	16,516	35,764	33,704
Occupancy	7,334	7,314	14,744	14,484
Equipment	7,754	6,362	13,731	11,853
Regulatory assessment and fees	2,301	1,826	4,525	3,860
Advertising and marketing	1,994	1,469	4,022	3,060
Card rewards program	7,285	6,262	14,168	11,097
Other	13,988	13,657	28,135	27,718
Total noninterest expense	109,175	99,388	213,217	195,694
Income before provision for income taxes	79,109	116,464	156,066	193,184
Provision for income taxes	19,749	29,723	38,987	48,750
Net income	$ 59,360	$ 86,741	$ 117,079	$ 144,434
Basic earnings per share (in dollars per share)	$ 0.46	$ 0.67	$ 0.92	$ 1.11
Diluted earnings per share (in dollars per share)	$ 0.46	$ 0.67	$ 0.91	$ 1.11
Basic weighted-average outstanding shares (in shares)	127,672,244	129,392,339	127,614,564	129,661,228
Diluted weighted-average outstanding shares (in shares)	128,014,777	129,828,847	128,108,630	130,164,762

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS
Net income	$ 59,360	$ 86,741	$ 117,079	$ 144,434
Other comprehensive (loss) income, net of tax:
Net change in investment securities	(52,371)	13,733	(446,922)	(61,306)
Net change in cash flow derivative hedges	(1,584)		(2,842)
Other comprehensive (loss) income	(53,955)	13,733	(449,764)	(61,306)
Total comprehensive income (loss)	$ 5,405	$ 100,474	$ (332,685)	$ 83,128

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Assets
Cash and due from banks	$ 279,629	$ 246,716
Interest-bearing deposits in other banks	1,254,047	1,011,753
Available-for-sale, at fair value (amortized cost: $4,267,809 as of June 30, 2022 and $8,560,733 as of December 31, 2021)	3,967,746	8,428,032
Held-to-maturity, at amortized cost (fair value: $3,910,780 as of June 30, 2022 and nil as of December 31, 2021)	4,093,215
Loans held for sale	180	538
Loans and leases	13,262,781	12,961,999
Less: allowance for credit losses	148,942	157,262
Net loans and leases	13,113,839	12,804,737
Premises and equipment, net	310,047	318,448
Other real estate owned and repossessed personal property		175
Accrued interest receivable	63,240	63,158
Bank-owned life insurance	470,542	471,819
Goodwill	995,492	995,492
Mortgage servicing rights	7,152	8,302
Other assets	822,404	643,240
Total assets	25,377,533	24,992,410
Deposits:
Interest-bearing	12,990,571	12,422,283
Noninterest-bearing	9,610,883	9,393,863
Total deposits	22,601,454	21,816,146
Retirement benefits payable	134,151	134,491
Other liabilities	389,317	384,861
Total liabilities	23,124,922	22,335,498
Commitments and contingent liabilities (Note 11)
Stockholders' equity
Common stock ($0.01 par value; authorized 300,000,000 shares; issued/outstanding: 140,943,908 / 127,451,087 as of June 30, 2022; issued/outstanding: 140,581,715 / 127,502,472 as of December 31, 2021)	1,409	1,406
Additional paid-in capital	2,533,407	2,527,663
Retained earnings	654,777	604,534
Accumulated other comprehensive loss, net	(571,457)	(121,693)
Treasury stock (13,492,821 shares as of June 30, 2022 and 13,079,243 shares as of December 31, 2021)	(365,525)	(354,998)
Total stockholders' equity	2,252,611	2,656,912
Total liabilities and stockholders' equity	$ 25,377,533	$ 24,992,410

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
CONSOLIDATED BALANCE SHEETS
Available-for-sale investment securities, amortized cost	$ 4,267,809	$ 8,560,733
Held-to-maturity investment securities, fair value	$ 3,910,780	$ 0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, authorized (in shares)	300,000,000	300,000,000
Common stock, issued (in shares)	140,943,908	140,581,715
Common stock outstanding (in shares)	127,451,087	127,502,472
Treasury stock (in shares)	13,492,821	13,079,243

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock	Total
Balance at Dec. 31, 2020	$ 1,402	$ 2,514,014	$ 473,974	$ 31,604	$ (276,890)	$ 2,744,104
Balance (in shares) at Dec. 31, 2020	129,912,272
Increase (Decrease) in Stockholders' Equity
Net income			144,434			144,434
Cash dividends declared			(67,448)			(67,448)
Equity-based awards	$ 3	6,776	(449)		(2,845)	3,485
Equity-based awards (in shares)	239,910
Common stock repurchased					(31,928)	(31,928)
Common stock repurchased (in shares)	(1,132,311)
Other comprehensive loss, net of tax				(61,306)		(61,306)
Balance at Jun. 30, 2021	$ 1,405	2,520,790	550,511	(29,702)	(311,663)	2,731,341
Balance (in shares) at Jun. 30, 2021	129,019,871
Balance at Mar. 31, 2021	$ 1,405	2,517,048	497,418	(43,435)	(288,806)	2,683,630
Balance (in shares) at Mar. 31, 2021	129,749,890
Increase (Decrease) in Stockholders' Equity
Net income			86,741			86,741
Cash dividends declared			(33,637)			(33,637)
Equity-based awards		3,742	(11)		(471)	3,260
Equity-based awards (in shares)	69,828
Common stock repurchased					(22,386)	(22,386)
Common stock repurchased (in shares)	(799,847)
Other comprehensive loss, net of tax				13,733		13,733
Balance at Jun. 30, 2021	$ 1,405	2,520,790	550,511	(29,702)	(311,663)	2,731,341
Balance (in shares) at Jun. 30, 2021	129,019,871
Balance at Dec. 31, 2021	$ 1,406	2,527,663	604,534	(121,693)	(354,998)	$ 2,656,912
Balance (in shares) at Dec. 31, 2021	127,502,472					127,502,472
Increase (Decrease) in Stockholders' Equity
Net income			117,079			$ 117,079
Cash dividends declared			(66,363)			(66,363)
Equity-based awards	$ 3	5,744	(473)		(3,527)	1,747
Equity-based awards (in shares)	239,173
Common stock repurchased					(7,000)	(7,000)
Common stock repurchased (in shares)	(290,558)
Other comprehensive loss, net of tax				(449,764)		(449,764)
Balance at Jun. 30, 2022	$ 1,409	2,533,407	654,777	(571,457)	(365,525)	$ 2,252,611
Balance (in shares) at Jun. 30, 2022	127,451,087					127,451,087
Balance at Mar. 31, 2022	$ 1,409	2,530,795	628,642	(517,502)	(358,195)	$ 2,285,149
Balance (in shares) at Mar. 31, 2022	127,686,307
Increase (Decrease) in Stockholders' Equity
Net income			59,360			59,360
Cash dividends declared			(33,212)			(33,212)
Equity-based awards		2,612	(13)		(330)	2,269
Equity-based awards (in shares)	55,338
Common stock repurchased					(7,000)	(7,000)
Common stock repurchased (in shares)	(290,558)
Other comprehensive loss, net of tax				(53,955)		(53,955)
Balance at Jun. 30, 2022	$ 1,409	$ 2,533,407	$ 654,777	$ (571,457)	$ (365,525)	$ 2,252,611
Balance (in shares) at Jun. 30, 2022	127,451,087					127,451,087

CONSOLIDATED STATEMENTS OF ST_2

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
Cash dividends declared (in dollars per share)	$ 0.26	$ 0.26	$ 0.52	$ 0.52

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities
Net income	$ 117,079	$ 144,434
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	(4,747)	(35,000)
Depreciation, amortization and accretion, net	30,872	27,567
Deferred income tax provision	14,228	7,168
Stock-based compensation	5,747	6,779
Other losses	2,304	76
Originations of loans held for sale	(10,256)	(73,368)
Proceeds from sales of loans held for sale	9,744	85,787
Net gains on sales of loans originated for investment and held for sale	36	(2,442)
Net gains on investment securities		(102)
Change in assets and liabilities:
Net (increase) decrease in other assets	(49,614)	19,740
Net increase in other liabilities	50,351	67,557
Net cash provided by operating activities	165,744	248,196
Available-for-sale securities:
Proceeds from maturities and principal repayments	598,865	920,073
Proceeds from calls and sales	1,080	2,820
Purchases	(913,268)	(1,900,080)
Held-to-maturity securities:
Proceeds from maturities and principal repayments, held-to-maturity	137,014
Proceeds from calls	110
Purchases, held-to-maturity	(79,470)
Other investments:
Proceeds from sales	4,132	7,956
Purchases	(21,386)	(60,155)
Loans:
Net decrease (increase) in loans and leases resulting from originations and principal repayments	(168,986)	183,820
Proceeds from sales of loans originated for investment		2,200
Purchases of loans	(149,512)	(39,558)
Proceeds from bank-owned life insurance		5,628
Purchases of premises, equipment and software	(5,966)	(9,689)
Proceeds from sales of premises and equipment		1,394
Proceeds from sales of other real estate owned	176
Other	(1,744)	(2,422)
Net cash used in investing activities	(598,955)	(888,013)
Cash flows from financing activities
Net increase in deposits	785,308	1,607,392
Dividends paid	(66,363)	(67,448)
Stock tendered for payment of withholding taxes	(3,527)	(2,845)
Common stock repurchased	(7,000)	(31,928)
Net cash provided by financing activities	708,418	1,505,171
Net increase in cash and cash equivalents	275,207	865,354
Cash and cash equivalents at beginning of period	1,258,469	1,040,944
Cash and cash equivalents at end of period	1,533,676	1,906,298
Supplemental disclosures
Interest paid	8,015	14,464
Income taxes paid, net of income tax refunds	5,356	30,399
Noncash investing and financing activities:
Operating lease right-of-use assets obtained in exchange for new lease obligations	4,979	7,221
Transfers (to) from loans and leases (from) to loans held for sale		1,839
Transfers to loans and leases from loans held for sale	(834)
Obligation to fund low-income housing partnerships		$ 15,314
Transfers of securities from available-for-sale to held-to-maturity	$ 4,133,363

Organization and Basis of Prese

Organization and Basis of Presentation	6 Months Ended
Organization and Basis of Presentation	Jun. 30, 2022
Organization and Basis of Presentation.
Organization and Basis of Presentation	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, including loans, deposit products, wealth management, insurance, trust, retirement planning, credit card and merchant processing services, to consumer and commercial customers. 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, 2021. 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. Investment Securities As of June 30, 2022 and December 31, 2021, investment securities were comprised primarily of debt securities, mortgage-backed securities and collateralized mortgage obligations issued by the U.S. Government, its agencies and government-sponsored enterprises, with under 4% of the investment securities comprised of collateralized loan obligations rated AA or better and obligations issued by local state and political subdivisions rated AA or better. The Company amortizes premiums and accretes discounts using the interest method over the expected lives of the individual securities. Premiums on callable debt securities are amortized to their next call date. All investment securities transactions are recorded on a trade-date basis. As of June 30, 2022, the Company’s investment securities were categorized as either available-for-sale (investment securities that may be sold before maturity at the discretion of management) or held-to-maturity (investment securities that management has the positive intent and ability to hold to maturity). As of December 31, 2021, all of the Company’s investment securities were categorized as available-for-sale. Available-for-sale investment securities are reported at fair value, with unrealized gains and losses reported in accumulated other comprehensive income. Gains and losses realized on sales of available-for-sale investment securities are determined using the specific identification method. Held-to-maturity investment securities are reported at amortized cost and may have a realized gain or loss if the investment security is retired or redeemed before the original maturity date. Transfers of debt securities from the available-for-sale category to the held-to-maturity category are made at fair value at the date of transfer. The unrealized holding gain or loss at the date of transfer remains in accumulated other comprehensive income and in the carrying value of the held-to-maturity investment security. Premiums or discounts on investment securities are amortized or accreted as an adjustment of yield using the interest method over the expected life of the security. Unrealized holding gains or losses that remain in accumulated other comprehensive income are also amortized or accreted over the expected life of the security as an adjustment of yield, offsetting the related amortization of the premium or accretion of the discount. For available-for-sale debt securities in an unrealized loss position, the Company first assesses whether it intends to sell, or it is more likely than not that it will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through income. For available-for-sale debt securities that do not meet the aforementioned criteria, the Company evaluates at the individual security level whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security is compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income. For held-to-maturity debt securities, the Company utilizes the Current Expected Credit Loss (“CECL”) approach to estimate lifetime expected credit losses. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of held-to-maturity debt securities to present the net amount expected to be collected from held-to-maturity debt securities. Changes in the allowance for credit losses, if any, are recorded as a provision for (or reversal of) credit losses. Losses are charged against the allowance when management believes the uncollectibility of an available-for-sale or held-to-maturity investment security is confirmed or when either of the criteria regarding intent or requirement to sell an available-for-sale investment security is met. Expected recoveries do not exceed the aggregate of amounts previously charged-off and expected to be charged-off. As of June 30, 2022, the Company’s available-for-sale and held-to-maturity investment securities were comprised primarily of debt, mortgage-backed securities and collateralized mortgage obligations 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. Under 4% of the investment securities were comprised of collateralized loan obligations rated AA or better and obligations issued by local state and political subdivisions rated AA or better. 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 June 30, 2022. Similarly, for the same reasons noted above, the Company did not record an allowance for credit losses for its available-for-sale debt securities as of December 31, 2021. Accrued interest receivable related to available-for-sale and held-to-maturity investment securities are recorded separately from the amortized cost basis of investment securities on the Company’s unaudited interim consolidated balance sheets. Accounting Standards Adopted in 2022 In July 2021, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2021-05, Leases (Topic 842), Lessors – Certain Leases with Variable Lease Payments. Recent Accounting Pronouncements The following ASUs have been issued by the FASB and are applicable to the Company in future reporting periods. In March 2022, the FASB issued ASU No. 2022-01, Derivatives and Hedging (Topic 815), Fair Value Hedging – Portfolio Layer Method. In March 2022, the FASB issued ASU No. 2022-02, Financial Instruments – Credit Losses (Topic 326), Troubled Debt Restructurings and Vintage Disclosures

Investment Securities

Investment Securities	6 Months Ended
Investment Securities	Jun. 30, 2022
Investment Securities
Investment Securities	2. Investment Securities As of June 30, 2022 and December 31, 2021, investment securities consisted predominantly of the following investment categories: U.S. Treasury and debt securities Mortgage-backed securities Collateralized mortgage obligations Collateralized loan obligations Debt securities issued by states and political subdivisions As of June 30, 2022, the Company’s investment securities were classified as either available-for-sale or held-to-maturity. As of December 31, 2021, all of the Company’s investment securities were classified as available-for-sale. Amortized cost and fair value of securities as of June 30, 2022 and December 31, 2021 were as follows: June 30, 2022 December 31, 2021 Amortized Unrealized Unrealized Fair Amortized Unrealized Unrealized Fair (dollars in thousands) Cost Gains Losses Value Cost Gains Losses Value U.S. Treasury and government agency debt securities $ 168,129 $ — $ (8,964) $ 159,165 $ 196,662 $ 125 $ (4,224) $ 192,563 Government-sponsored enterprises debt securities 20,000 — (37) 19,963 — — — — Mortgage-backed securities: Residential - Government agency 72,027 — (4,069) 67,958 135,764 1,791 (291) 137,264 Residential - Government-sponsored enterprises 1,444,461 24 (111,470) 1,333,015 1,496,605 6,914 (12,419) 1,491,100 Commercial - Government agency 297,271 — (29,614) 267,657 392,443 1,741 (6,521) 387,663 Commercial - Government-sponsored enterprises 147,160 918 (6,242) 141,836 1,415,511 2,646 (48,714) 1,369,443 Commercial - Non-agency 21,957 — (407) 21,550 — — — — Collateralized mortgage obligations: Government agency 1,102,277 — (76,938) 1,025,339 2,103,187 7,768 (31,432) 2,079,523 Government-sponsored enterprises 744,622 — (60,062) 684,560 2,671,131 3,608 (53,695) 2,621,044 Collateralized loan obligations 249,905 45 (3,247) 246,703 105,245 2 — 105,247 Debt securities issued by states and political subdivisions — — — — 44,185 — — 44,185 Total available-for-sale securities $ 4,267,809 $ 987 $ (301,050) $ 3,967,746 $ 8,560,733 $ 24,595 $ (157,296) $ 8,428,032 Government agency debt securities $ 55,148 $ — $ (2,405) $ 52,743 $ — $ — $ — $ — Mortgage-backed securities: Residential - Government agency 47,309 — (3,031) 44,278 — — — — Residential - Government-sponsored enterprises 93,458 — (6,117) 87,341 — — — — Commercial - Government agency 30,497 — (2,685) 27,812 — — — — Commercial - Government-sponsored enterprises 1,173,398 — (63,627) 1,109,771 — — — — Collateralized mortgage obligations: Government agency 879,010 — (31,243) 847,767 — — — — Government-sponsored enterprises 1,760,755 — (69,483) 1,691,272 — — — — Debt securities issued by states and political subdivisions 53,640 — (3,844) 49,796 — — — — Total held-to-maturity securities $ 4,093,215 $ — $ (182,435) $ 3,910,780 $ — $ — $ — $ — During the three and six months ended June 30, 2022, the Company reclassified at fair value approximately $4.1 billion in available-for-sale investment securities to the held-to-maturity category. The related unrealized after-tax losses of approximately $338.8 million remained in accumulated other comprehensive income to be amortized over the estimated remaining life of the securities as an adjustment of yield, offsetting the related accretion of the discount on the transferred securities. No gains or losses were recognized at the time of reclassification. Management considers the held-to-maturity classification of these investment securities to be appropriate as the Company has the positive intent and ability to hold these securities to maturity. As of June 30, 2022, the weighted average life of the transferred securities was approximately 8.0 years. Material changes in prepayment speeds may result in a significant impact to the estimated remaining life of these securities. Accrued interest receivable related to available-for-sale investment securities was $8.7 million and $14.1 million as of June 30, 2022 and December 31, 2021, respectively. Accrued interest receivable related to held-to-maturity investment securities was $7.0 million and nil as of June 30, 2022 and December 31, 2021, respectively. 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 $0.2 million and nil, respectively, for the three months ended June 30, 2022, and $1.2 million and nil, respectively, for the six months ended June 30, 2022. Proceeds from calls and sales of investment securities were $0.2 million and $2.5 million, respectively, for the three months ended June 30, 2021, and $0.3 million and $2.5 million, respectively, for the six months ended June 30, 2021. The Company recorded gross realized gains of nil and gross realized losses of nil for the three and six months ended June 30, 2022. The Company recorded gross realized gains of $0.1 million and gross realized losses of nil during both the three and six months ended June 30, 2021. The income tax expense related to the Company’s net realized gains on the sale of investment securities was nil for the three and six months ended June 30, 2022. The income tax expense related to the Company’s net realized gains on the sale of investment securities was nil during both the three and six months ended June 30, 2021. Gains and losses realized on sales of securities are determined using the specific identification method. Interest income from taxable investment securities was $31.6 million and $22.4 million, respectively, for the three months ended June 30, 2022 and 2021, and $60.7 million and $44.6 million, respectively, for the six months ended June 30, 2022 and 2021. Interest income from non-taxable investment securities was $3.3 million and $2.2 million, respectively, for the three months ended June 30, 2022 and 2021, and $6.3 million and $3.2 million, respectively, for the six months ended June 30, 2022 and 2021. The amortized cost and fair value of debt securities issued by the U.S. Treasury, government agencies, government-sponsored enterprises and states and political subdivisions, non-agency mortgage-backed securities and collateralized loan obligations as of June 30, 2022, 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. June 30, 2022 Amortized Fair (dollars in thousands) Cost Value Due in one year or less $ 30,106 $ 29,762 Due after one year through five years 79,915 77,983 Due after five years through ten years 177,556 170,656 Due after ten years 172,414 168,980 459,991 447,381 Mortgage-backed securities: Residential - Government agency 72,027 67,958 Residential - Government-sponsored enterprises 1,444,461 1,333,015 Commercial - Government agency 297,271 267,657 Commercial - Government-sponsored enterprises 147,160 141,836 Total mortgage-backed securities 1,960,919 1,810,466 Collateralized mortgage obligations: Government agency 1,102,277 1,025,339 Government-sponsored enterprises 744,622 684,560 Total collateralized mortgage obligations 1,846,899 1,709,899 Total available-for-sale securities $ 4,267,809 $ 3,967,746 Due in one year or less $ — $ — Due after one year through five years — — Due after five years through ten years — — Due after ten years 108,788 102,539 108,788 102,539 Mortgage-backed securities: Residential - Government agency 47,309 44,278 Residential - Government-sponsored enterprises 93,458 87,341 Commercial - Government agency 30,497 27,812 Commercial - Government-sponsored enterprises 1,173,398 1,109,771 Total mortgage-backed securities 1,344,662 1,269,202 Collateralized mortgage obligations: Government agency 879,010 847,767 Government-sponsored enterprises 1,760,755 1,691,272 Total collateralized mortgage obligations 2,639,765 2,539,039 Total held-to-maturity securities $ 4,093,215 $ 3,910,780 At June 30, 2022, pledged securities totaled $2.6 billion, of which $2.4 billion was pledged to secure public deposits and $191.3 million was pledged to secure other financial transactions. At December 31, 2021, pledged securities totaled $2.1 billion, of which $1.9 billion was pledged to secure public deposits and $193.2 million was pledged to secure other financial transactions. The Company held no securities of any single issuer, other than debt securities issued by the U.S. government, government agencies and government-sponsored enterprises, taken in the aggregate, which were in excess of 10% of stockholders’ equity as of June 30, 2022 or December 31, 2021. 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 296 and 318 individual securities in each category have been in a continuous loss position as of June 30, 2022 and December 31, 2021, 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 June 30, 2022 Less Than 12 Months 12 Months or More Total Unrealized Unrealized Unrealized (dollars in thousands) Losses Fair Value Losses Fair Value Losses Fair Value U.S. Treasury and government agency debt securities $ (2,239) $ 87,782 $ (6,725) $ 71,383 $ (8,964) $ 159,165 Government-sponsored enterprises debt securities (37) 19,964 — — (37) 19,964 Mortgage-backed securities: Residential - Government agency (4,069) 67,958 — — (4,069) 67,958 Residential - Government-sponsored enterprises (110,301) 1,303,823 (1,169) 9,196 (111,470) 1,313,019 Commercial - Government agency (12,813) 150,595 (16,801) 116,854 (29,614) 267,449 Commercial - Government-sponsored enterprises (4,482) 77,564 (1,760) 18,478 (6,242) 96,042 Commercial - Non-agency (407) 21,550 — — (407) 21,550 Collateralized mortgage obligations: Government agency (74,997) 988,818 (1,941) 16,549 (76,938) 1,005,367 Government-sponsored enterprises (41,157) 517,636 (18,905) 166,924 (60,062) 684,560 Collateralized loan obligations: (3,247) 170,425 — — (3,247) 170,425 Total available-for-sale securities with unrealized losses $ (253,749) $ 3,406,115 $ (47,301) $ 399,384 $ (301,050) $ 3,805,499 Time in Continuous Loss as of December 31, 2021 Less Than 12 Months 12 Months or More Total Unrealized Unrealized Unrealized (dollars in thousands) Losses Fair Value Losses Fair Value Losses Fair Value U.S. Treasury and government agency debt securities $ (3,355) $ 134,468 $ (869) $ 16,642 $ (4,224) $ 151,110 Mortgage-backed securities: Residential - Government agency (291) 51,231 — — (291) 51,231 Residential - Government-sponsored enterprises (10,876) 1,230,104 (1,543) 32,415 (12,419) 1,262,519 Commercial - Government agency (5,239) 186,024 (1,282) 26,063 (6,521) 212,087 Commercial - Government-sponsored enterprises (22,179) 744,819 (26,535) 397,123 (48,714) 1,141,942 Collateralized mortgage obligations: Government agency (31,432) 1,441,848 — — (31,432) 1,441,848 Government-sponsored enterprises (52,551) 2,255,535 (1,144) 24,959 (53,695) 2,280,494 Total available-for-sale securities with unrealized losses $ (125,923) $ 6,044,029 $ (31,373) $ 497,202 $ (157,296) $ 6,541,231 At June 30, 2022 and December 31, 2021, 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 these 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 June 30, 2022 and December 31, 2021, each security with an unrealized loss position in the above tables has been further assessed to determine if a credit loss exists. As of June 30, 2022 and December 31, 2021, 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 six months ended June 30, 2022 and for the year ended December 31, 2021. As of June 30, 2022 and December 31, 2021, the Company’s investment securities were comprised primarily of debt securities, mortgage-backed securities and collateralized mortgage obligations issued by the U.S. Government, its agencies and government-sponsored enterprises, with under 4% of the investment securities comprised of collateralized loan obligations rated AA or better and obligations issued by local state and political subdivisions rated AA or better. 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 and debt securities issued by local state and political subdivisions, 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 June 30, 2022. Similarly, for the same reasons noted above, the Company did not record an allowance for credit losses for its available-for-sale debt securities as of December 31, 2021. The Company holds approximately 120,000 Visa Class B restricted shares as of both June 30, 2022 and December 31, 2021. These shares continued to be carried at $0 cost basis as of both June 30, 2022 and December 31, 2021.

Loans and Leases

Loans and Leases	6 Months Ended
Loans and Leases	Jun. 30, 2022
Loans and Leases.
Loans and Leases	3. Loans and Leases As of June 30, 2022 and December 31, 2021, loans and leases were comprised of the following: June 30, December 31, (dollars in thousands) 2022 2021 Commercial and industrial $ 1,942,132 $ 2,087,099 Commercial real estate 3,956,828 3,639,623 Construction 727,771 813,969 Residential: Residential mortgage 4,212,768 4,083,367 Home equity line 971,569 876,608 Total residential 5,184,337 4,959,975 Consumer 1,207,051 1,229,939 Lease financing 244,662 231,394 Total loans and leases $ 13,262,781 $ 12,961,999 As of June 30, 2022, residential real estate loans totaling $2.2 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 and residential real estate loans totaling $1.7 billion were pledged to collateralize the Company’s borrowing capacity at the Federal Reserve Bank of San Francisco (“FRB”). As of December 31, 2021, residential real estate loans totaling $2.4 billion were pledged to collateralize the Company’s borrowing capacity at the FHLB, and consumer, commercial and industrial, commercial real estate and residential real estate loans totaling $1.7 billion were pledged to collateralize the Company’s borrowing capacity at the FRB. Residential real estate loans collateralized by properties that were in the process of foreclosure totaled $4.7 million as of both June 30, 2022 and December 31, 2021. 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 strength and stability of the state or territories, which affects property values, and the financial strength and creditworthiness of the borrowers.

Allowance for Credit Losses

Allowance for Credit Losses	6 Months Ended
Allowance for Credit Losses	Jun. 30, 2022
Allowance for Credit Losses
Allowance for Credit Losses	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 our control, including the performance of our loan portfolio, the economy, changes in interest rates and the view of the regulatory authorities toward loan classifications. The Company’s methodology is more fully described in our Annual Report on Form 10-K for the year ended December 31, 2021. The Company also maintains an estimated reserve for unfunded commitments 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. 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 six months ended June 30, 2022 and 2021: Three Months Ended June 30, 2022 Commercial Lending Residential Lending Commercial 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 $ 19,160 $ 45,238 $ 8,908 $ 1,362 $ 30,888 $ 5,084 $ 39,640 $ 150,280 Charge-offs (243) — — — — (1,120) (3,659) (5,022) Recoveries 301 — — 60 192 191 1,940 2,684 Provision (3,294) (512) (3,541) (24) 2,555 579 5,237 1,000 Balance at end of period $ 15,924 $ 44,726 $ 5,367 $ 1,398 $ 33,635 $ 4,734 $ 43,158 $ 148,942 Six Months Ended June 30, 2022 Commercial Lending Residential Lending Commercial 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 $ 20,080 $ 42,951 $ 9,773 $ 1,659 $ 34,364 $ 5,642 $ 42,793 $ 157,262 Charge-offs (949) — — — — (1,163) (7,768) (9,880) Recoveries 354 14 — 60 208 219 4,088 4,943 Provision (3,561) 1,761 (4,406) (321) (937) 36 4,045 (3,383) Balance at end of period $ 15,924 $ 44,726 $ 5,367 $ 1,398 $ 33,635 $ 4,734 $ 43,158 $ 148,942 Three Months Ended June 30, 2021 Commercial Lending Residential Lending Commercial 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 $ 27,322 $ 51,691 $ 10,552 $ 3,197 $ 38,471 $ 6,668 $ 62,465 $ 200,366 Charge-offs (330) — — — — — (3,917) (4,247) Recoveries 287 12 — — 14 38 2,797 3,148 Provision (4,216) (4,670) (400) (130) (4,277) (456) (15,970) (30,119) Balance at end of period $ 23,063 $ 47,033 $ 10,152 $ 3,067 $ 34,208 $ 6,250 $ 45,375 $ 169,148 Six Months Ended June 30, 2021 Commercial Lending Residential Lending Commercial 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 year $ 24,711 $ 58,123 $ 10,039 $ 3,298 $ 40,461 $ 7,163 $ 64,659 $ 208,454 Charge-offs (1,293) (66) — — (98) — (10,458) (11,915) Recoveries 502 15 166 — 31 62 5,452 6,228 Provision (857) (11,039) (53) (231) (6,186) (975) (14,278) (33,619) Balance at end of period $ 23,063 $ 47,033 $ 10,152 $ 3,067 $ 34,208 $ 6,250 $ 45,375 $ 169,148 Rollforward of the Reserve for Unfunded Commitments The following presents the activity in the Reserve for Unfunded Commitments for the three and six months ended June 30, 2022: Three Months Ended June 30, 2022 Commercial Lending Residential Lending Commercial Commercial Home and Real Lease Residential Equity (dollars in thousands) Industrial Estate Construction Financing Mortgage Line Consumer Total Reserve for unfunded commitments: Balance at beginning of period $ 9,308 $ 1,789 $ 8,046 $ — $ 3 $ 9,766 $ 46 $ 28,958 Provision (1,668) 1,961 (1,962) — 29 1,657 (17) — Balance at end of period $ 7,640 $ 3,750 $ 6,084 $ — $ 32 $ 11,423 $ 29 $ 28,958 Six Months Ended June 30, 2022 Commercial Lending Residential Lending Commercial Commercial Home and Real Lease Residential Equity (dollars in thousands) Industrial Estate Construction Financing Mortgage Line Consumer Total Reserve for unfunded commitments: Balance at beginning of period $ 8,615 $ 2,114 $ 8,963 $ — $ 15 $ 10,546 $ 69 $ 30,322 Provision (975) 1,636 (2,879) — 17 877 (40) (1,364) Balance at end of period $ 7,640 $ 3,750 $ 6,084 $ — $ 32 $ 11,423 $ 29 $ 28,958 Three Months Ended June 30, 2021 Commercial Lending Residential Lending Commercial Commercial Home and Real Lease Residential Equity (dollars in thousands) Industrial Estate Construction Financing Mortgage Line Consumer Total Reserve for unfunded commitments: Balance at beginning of period $ 16,129 $ 1,112 $ 8,313 $ — $ — $ 8,500 $ 49 $ 34,103 Provision (3,321) (134) (440) — — (979) (7) (4,881) Balance at end of period $ 12,808 $ 978 $ 7,873 $ — $ — $ 7,521 $ 42 $ 29,222 Six Months Ended June 30, 2021 Commercial Lending Residential Lending Commercial Commercial Home and Real Lease Residential Equity (dollars in thousands) Industrial Estate Construction Financing Mortgage Line Consumer Total Reserve for unfunded commitments: Balance at beginning of period $ 11,719 $ 1,328 $ 9,037 $ — $ 2 $ 8,452 $ 65 $ 30,603 Provision 1,089 (350) (1,164) — (2) (931) (23) (1,381) Balance at end of period $ 12,808 $ 978 $ 7,873 $ — $ — $ 7,521 $ 42 $ 29,222 Credit Quality Information The Company performs an internal loan review and grading or scoring procedures on an ongoing basis. The review provides management with periodic information as to the quality of the loan portfolio and effectiveness of the Company’s lending policies and procedures. The objective of the loan review and grading or scoring procedures is to identify, in a timely manner, existing or emerging credit quality issues so that appropriate steps can be initiated to avoid or minimize future losses. Loans and leases subject to grading primarily include: commercial and industrial loans, commercial real estate loans, construction loans and lease financing. Other loans subject to grading include installment loans to businesses or individuals for business and commercial purposes, overdraft lines of credit, commercial credit cards, and other credits as may be determined. Credit quality indicators for internally graded loans and leases are generally updated on an annual basis or on a quarterly basis for those loans and leases deemed to be of potentially higher risk. An internal credit risk rating system is used to determine loan grade and is based on borrower credit risk and transactional risk. The loan grading process is a mechanism used to determine the risk of a particular borrower and is based on the following factors of a borrower: character, earnings and operating cash flow, asset and liability structure, debt capacity, management and controls, borrowing entity, and industry and operating environment. Pass Special Mention Substandard Doubtful Loss Loans that are primarily monitored for credit quality using FICO scores include: residential mortgage loans, home equity lines and consumer loans. FICO scores are calculated primarily based on a consideration of payment history, the current amount of debt, the length of credit history available, a recent history of new sources of credit and the mix of credit type. FICO scores are updated on a monthly, quarterly or bi-annual basis, depending on the product type. The amortized cost basis by year of origination and credit quality indicator of the Company’s loans and leases as of June 30, 2022 was as follows: Revolving Loans Converted Term Loans Revolving to Term Amortized Cost Basis by Origination Year Loans Loans Amortized Amortized (dollars in thousands) 2022 2021 2020 2019 2018 Prior Cost Basis Cost Basis Total Commercial Lending Commercial and Industrial Risk rating: Pass $ 216,303 $ 421,981 $ 66,601 $ 182,175 $ 60,586 $ 156,647 $ 697,256 $ 19,128 $ 1,820,677 Special Mention 2,816 316 1,628 2,822 748 5,295 1,073 841 15,539 Substandard — 320 1,103 1,605 1,019 879 16,214 114 21,254 Other (1) 12,807 9,613 11,531 5,366 3,075 1,576 40,694 — 84,662 Total Commercial and Industrial 231,926 432,230 80,863 191,968 65,428 164,397 755,237 20,083 1,942,132 Commercial Real Estate Risk rating: Pass 516,062 695,446 338,391 516,210 459,372 1,270,438 84,174 — 3,880,093 Special Mention — — 562 47,781 — 11,140 695 — 60,178 Substandard — — 180 — 1,742 14,476 3 — 16,401 Other (1) — — — — — 156 — — 156 Total Commercial Real Estate 516,062 695,446 339,133 563,991 461,114 1,296,210 84,872 — 3,956,828 Construction Risk rating: Pass 39,575 193,588 127,677 85,471 115,881 88,509 14,965 — 665,666 Special Mention — — — 236 — 350 — — 586 Substandard — — — — 351 498 — — 849 Other (1) 13,228 29,529 6,049 2,849 3,913 4,151 951 — 60,670 Total Construction 52,803 223,117 133,726 88,556 120,145 93,508 15,916 — 727,771 Lease Financing Risk rating: Pass 41,656 26,813 49,889 43,989 7,801 68,457 — — 238,605 Special Mention — 457 2,642 1,358 11 17 — — 4,485 Substandard — — 195 16 14 1,347 — — 1,572 Total Lease Financing 41,656 27,270 52,726 45,363 7,826 69,821 — — 244,662 Total Commercial Lending $ 842,447 $ 1,378,063 $ 606,448 $ 889,878 $ 654,513 $ 1,623,936 $ 856,025 $ 20,083 $ 6,871,393 (continued) Revolving Loans Converted Term Loans Revolving to Term Amortized Cost Basis by Origination Year Loans Loans (continued) Amortized Amortized (dollars in thousands) 2022 2021 2020 2019 2018 Prior Cost Basis Cost Basis Total Residential Lending Residential Mortgage FICO: 740 and greater $ 352,342 $ 1,069,214 $ 587,478 $ 252,428 $ 178,752 $ 974,057 $ — $ — $ 3,414,271 680 - 739 46,224 124,306 79,422 45,117 21,882 144,226 — — 461,177 620 - 679 5,305 19,143 14,291 5,405 3,892 38,470 — — 86,506 550 - 619 169 1,943 294 226 2,073 8,017 — — 12,722 Less than 550 2,085 1,242 60 — 340 4,656 — — 8,383 No Score (3) 10,652 14,868 7,544 13,471 16,488 54,373 — — 117,396 Other (2) 20,365 19,445 15,580 9,552 9,757 31,304 4,999 1,311 112,313 Total Residential Mortgage 437,142 1,250,161 704,669 326,199 233,184 1,255,103 4,999 1,311 4,212,768 Home Equity Line FICO: 740 and greater — — — — — — 748,148 2,227 750,375 680 - 739 — — — — — — 157,042 3,106 160,148 620 - 679 — — — — — — 40,070 2,454 42,524 550 - 619 — — — — — — 9,202 1,601 10,803 Less than 550 — — — — — — 1,159 491 1,650 No Score (3) — — — — — — 6,069 — 6,069 Total Home Equity Line — — — — — — 961,690 9,879 971,569 Total Residential Lending 437,142 1,250,161 704,669 326,199 233,184 1,255,103 966,689 11,190 5,184,337 Consumer Lending FICO: 740 and greater 115,911 132,565 66,828 59,155 38,001 17,426 117,266 203 547,355 680 - 739 53,590 80,240 45,783 41,393 23,562 13,947 67,636 566 326,717 620 - 679 11,760 35,430 17,746 22,180 13,928 11,374 30,079 1,018 143,515 550 - 619 1,000 6,548 6,576 10,400 7,652 6,801 10,044 1,026 50,047 Less than 550 379 1,758 2,973 5,022 2,547 2,525 3,047 483 18,734 No Score (3) 1,087 402 9 52 31 45 37,536 303 39,465 Other (2) 1,675 4,218 358 1,674 — 2,152 71,141 — 81,218 Total Consumer Lending 185,402 261,161 140,273 139,876 85,721 54,270 336,749 3,599 1,207,051 Total Loans and Leases $ 1,464,991 $ 2,889,385 $ 1,451,390 $ 1,355,953 $ 973,418 $ 2,933,309 $ 2,159,463 $ 34,872 $ 13,262,781 (1) Other credit quality indicators used for monitoring purposes are primarily FICO scores. The majority of the loans in this population were originated to borrowers with a prime FICO score. (2) Other credit quality indicators used for monitoring purposes are primarily internal risk ratings. The majority of the loans in this population were graded with a “Pass” rating. (3) No FICO scores are primarily related to loans and leases extended to non-residents. Loans and leases of this nature are primarily secured by collateral and/or are closely monitored for performance. The amortized cost basis by year of origination and credit quality indicator of the Company’s loans and leases as of December 31, 2021 was as follows: Revolving Loans Converted Term Loans Revolving to Term Amortized Cost Basis by Origination Year Loans Loans Amortized Amortized (dollars in thousands) 2021 2020 2019 2018 2017 Prior Cost Basis Cost Basis Total Commercial Lending Commercial and Industrial Risk rating: Pass $ 623,098 $ 129,665 $ 223,388 $ 88,409 $ 29,380 $ 168,591 $ 644,947 $ 40,193 $ 1,947,671 Special Mention 397 4,382 4,213 12,552 974 5,313 4,804 986 33,621 Substandard 354 1,380 1,951 1,285 60 3,551 17,893 1,043 27,517 Other (1) 13,277 7,070 7,741 4,453 1,995 370 43,384 — 78,290 Total Commercial and Industrial 637,126 142,497 237,293 106,699 32,409 177,825 711,028 42,222 2,087,099 Commercial Real Estate Risk rating: Pass 693,370 338,140 533,887 487,739 415,186 940,732 78,479 14,891 3,502,424 Special Mention — — 48,499 7,470 25,513 30,255 7,600 — 119,337 Substandard — — — 1,776 164 15,303 459 — 17,702 Other (1) — — — — — 160 — — 160 Total Commercial Real Estate 693,370 338,140 582,386 496,985 440,863 986,450 86,538 14,891 3,639,623 Construction Risk rating: Pass 154,558 107,767 210,314 155,311 62,770 48,021 22,859 — 761,600 Special Mention — — 244 707 — 356 — — 1,307 Substandard — — — 363 — 839 — — 1,202 Other (1) 26,835 8,875 4,317 4,308 2,684 2,048 793 — 49,860 Total Construction 181,393 116,642 214,875 160,689 65,454 51,264 23,652 — 813,969 Lease Financing Risk rating: Pass 33,980 60,650 48,236 9,449 15,009 57,130 — — 224,454 Special Mention 501 2,702 1,506 311 153 — — — 5,173 Substandard — 270 140 16 871 470 — — 1,767 Total Lease Financing 34,481 63,622 49,882 9,776 16,033 57,600 — — 231,394 Total Commercial Lending $ 1,546,370 $ 660,901 $ 1,084,436 $ 774,149 $ 554,759 $ 1,273,139 $ 821,218 $ 57,113 $ 6,772,085 (continued) Revolving Loans Converted Term Loans Revolving to Term Amortized Cost Basis by Origination Year Loans Loans (continued) Amortized Amortized (dollars in thousands) 2021 2020 2019 2018 2017 Prior Cost Basis Cost Basis Total Residential Lending Residential Mortgage FICO: 740 and greater $ 1,101,958 $ 635,061 $ 286,993 $ 198,622 $ 251,906 $ 829,175 $ — $ — $ 3,303,715 680 - 739 140,997 81,590 45,163 27,315 32,855 125,906 — — 453,826 620 - 679 15,781 11,943 5,268 10,149 9,069 37,404 — — 89,614 550 - 619 1,735 873 698 533 2,033 7,475 — — 13,347 Less than 550 — — — 345 2,603 2,838 — — 5,786 No Score (3) 18,882 7,938 15,051 18,107 17,333 42,185 — — 119,496 Other (2) 25,625 16,263 10,242 11,297 16,242 17,152 44 718 97,583 Total Residential Mortgage 1,304,978 753,668 363,415 266,368 332,041 1,062,135 44 718 4,083,367 Home Equity Line FICO: 740 and greater — — — — — — 671,566 1,873 673,439 680 - 739 — — — — — — 141,889 3,968 145,857 620 - 679 — — — — — — 37,815 2,500 40,315 550 - 619 — — — — — — 9,090 948 10,038 Less than 550 — — — — — — 2,574 68 2,642 No Score (3) — — — — — — 4,317 — 4,317 Total Home Equity Line — — — — — — 867,251 9,357 876,608 Total Residential Lending 1,304,978 753,668 363,415 266,368 332,041 1,062,135 867,295 10,075 4,959,975 Consumer Lending FICO: 740 and greater 155,929 83,337 79,617 56,707 24,525 8,067 117,843 209 526,234 680 - 739 93,214 56,327 55,126 34,049 17,527 6,315 69,366 707 332,631 620 - 679 41,671 21,986 28,491 19,403 12,952 5,324 31,165 1,175 162,167 550 - 619 7,836 8,265 13,265 10,497 7,469 3,244 10,359 1,089 62,024 Less than 550 2,272 3,867 6,646 3,484 2,739 1,175 3,195 536 23,914 No Score (3) 481 19 56 40 65 2 35,414 320 36,397 Other (2) 4,737 365 1,712 17 2,182 31 77,528 — 86,572 Total Consumer Lending 306,140 174,166 184,913 124,197 67,459 24,158 344,870 4,036 1,229,939 Total Loans and Leases $ 3,157,488 $ 1,588,735 $ 1,632,764 $ 1,164,714 $ 954,259 $ 2,359,432 $ 2,033,383 $ 71,224 $ 12,961,999 (1) Other credit quality indicators used for monitoring purposes are primarily FICO scores. The majority of the loans in this population were originated to borrowers with a prime FICO score. (2) Other credit quality indicators used for monitoring purposes are primarily internal risk ratings. The majority of the loans in this population were graded with a “Pass” rating. (3) No FICO scores are primarily related to loans and leases extended to non-residents. Loans and leases of this nature are primarily secured by collateral and/or are closely monitored for performance. There were no loans and leases graded as Loss as of June 30, 2022 and December 31, 2021. The amortized cost basis of revolving loans that were converted to term loans during the three and six months ended June 30, 2022 and 2021 was as follows: Three Months Ended (dollars in thousands) June 30, 2022 Commercial and industrial $ 277 Home equity line 1,057 Consumer 336 Total Revolving Loans Converted to Term Loans During the Period $ 1,670 Six Months Ended (dollars in thousands) June 30, 2022 Commercial and industrial $ 480 Home equity line 2,072 Consumer 690 Total Revolving Loans Converted to Term Loans During the Period $ 3,242 Three Months Ended (dollars in thousands) June 30, 2021 Commercial and industrial $ 30 Home equity line 538 Consumer 443 Total Revolving Loans Converted to Term Loans During the Period $ 1,011 Six Months Ended (dollars in thousands) June 30, 2021 Commercial and industrial $ 259 Home equity line 1,617 Consumer 936 Total Revolving Loans Converted to Term Loans During the Period $ 2,812 Past-Due Status The Company continually updates its aging analysis for loans and leases to monitor the migration of loans and leases into past due categories. The Company considers loans and leases that are delinquent for 30 days or more to be past due. As of June 30, 2022 and December 31, 2021, the aging analysis of the amortized cost basis of the Company’s past due loans and leases was as follows: June 30, 2022 Past Due Loans and Greater Leases Past Than or Due 90 Days 30-59 60-89 Equal to or More and Days Days 90 Days Total Total Loans Still Accruing (dollars in thousands) Past Due Past Due Past Due Past Due Current and Leases Interest Commercial and industrial $ 4,848 $ 630 $ 2,798 $ 8,276 $ 1,933,856 $ 1,942,132 $ 2,230 Commercial real estate 5,101 — 903 6,004 3,950,824 3,956,828 176 Construction 93 — 352 445 727,326 727,771 352 Lease financing — — — — 244,662 244,662 — Residential mortgage 4,445 2,090 3,955 10,490 4,202,278 4,212,768 750 Home equity line 8,627 551 1,039 10,217 961,352 971,569 1,039 Consumer 24,744 3,544 1,218 29,506 1,177,545 1,207,051 1,218 Total $ 47,858 $ 6,815 $ 10,265 $ 64,938 $ 13,197,843 $ 13,262,781 $ 5,765 December 31, 2021 Past Due Loans and Greater Leases Past Than or Due 90 Days 30-59 60-89 Equal to or More and Days Days 90 Days Total Total Loans Still Accruing (dollars in thousands) Past Due Past Due Past Due Past Due Current and Leases Interest Commercial and industrial $ 1,195 $ 1,195 $ 1,318 $ 3,708 $ 2,083,391 $ 2,087,099 $ 740 Commercial real estate 631 — — 631 3,638,992 3,639,623 — Construction 162 — — 162 813,807 813,969 — Lease financing — — — — 231,394 231,394 — Residential mortgage 3,030 1,002 5,617 9,649 4,073,718 4,083,367 987 Home equity line 1,538 538 3,681 5,757 870,851 876,608 3,681 Consumer 16,534 3,366 1,800 21,700 1,208,239 1,229,939 1,800 Total $ 23,090 $ 6,101 $ 12,416 $ 41,607 $ 12,920,392 $ 12,961,999 $ 7,208 Nonaccrual Loans and Leases The Company generally places a loan or lease on nonaccrual status when management believes that collection of principal or interest has become doubtful or when a loan or lease becomes 90 days past due as to principal or interest, unless it is well secured and in the process of collection. The Company charges off a loan or lease when facts indicate that the loan or lease is considered uncollectible. The amortized cost basis of loans and leases on nonaccrual status as of June 30, 2022 and December 31, 2021 and the amortized cost basis of loans and leases on nonaccrual status with no ACL as of June 30, 2022 and December 31, 2021 were as follows: June 30, 2022 Nonaccrual Loans and Leases With No Nonaccrual Allowance Loans (dollars in thousands) for Credit Losses and Leases Commercial and industrial $ — $ 682 Commercial real estate 727 727 Residential mortgage 2,153 6,450 Total Nonaccrual Loans and Leases $ 2,880 $ 7,859 December 31, 2021 Nonaccrual Loans and Leases With No Nonaccrual Allowance Loans (dollars in thousands) for Credit Losses and Leases Commercial and industrial $ — $ 718 Commercial real estate 727 727 Residential mortgage 1,192 5,637 Total Nonaccrual Loans and Leases $ 1,919 $ 7,082 For both the three and six months ended June 30, 2022, the Company recognized interest income of $0.1 million, on nonaccrual loans and leases, and for the three and six months ended June 30, 2021, the Company recognized interest income of $0.1 million and $0.2 million, respectively, on nonaccrual loans and leases. Furthermore, for the three and six months ended June 30, 2022, the amount of accrued interest receivables written off by reversing interest income was $0.2 million and $0.4 million, respectively, and for the three and six months ended June 30, 2021, the amount of accrued interest receivables written off by reversing interest income was $0.1 million and $0.5 million, respectively. Collateral-Dependent Loans and Leases Collateral-dependent loans and leases are those for which repayment (on the basis of the Company’s assessment as of the reporting date) is expected to be provided substantially through the operation or sale of the collateral and the borrower is experiencing financial difficulty. As of June 30, 2022 and December 31, 2021, the amortized cost basis of collateral-dependent loans were $7.6 million and $7.5 million, respectively. As of both June 30, 2022 and December 31, 2021, these loans were primarily collateralized by residential real estate property. As of both June 30, 2022 and December 31, 2021, the fair value of collateral on substantially all collateral-dependent loans were significantly in excess of their amortized cost basis. Modifications Commercial and industrial loans modified in a TDR may involve temporary interest-only payments, term and amortization extensions, and converting revolving credit lines to term loans. Mod

Mortgage Servicing Rights

Mortgage Servicing Rights	6 Months Ended
Mortgage Servicing Rights	Jun. 30, 2022
Mortgage Servicing Rights
Mortgage Servicing Rights	5. Mortgage Servicing Rights Mortgage servicing activities include collecting principal, interest, tax, and insurance payments from borrowers while accounting for and remitting payments to investors, taxing authorities, and insurance companies. The Company also monitors delinquencies and administers foreclosure proceedings. Mortgage loan servicing income is recorded in noninterest income as a part of other service charges and fees and amortization of the servicing assets is recorded in noninterest income as part of other income. The unpaid principal amount of residential real estate loans serviced for others was $1.5 billion and $1.7 billion as of June 30, 2022 and December 31, 2021. Servicing fees include contractually specified fees, late charges, and ancillary fees, and were $1.0 million and $1.2 million for the three months ended June 30, 2022 and 2021, respectively, and $2.0 million and $2.5 million for the six months ended June 30, 2022 and 2021, respectively. Amortization of mortgage servicing rights (“MSRs”) was $0.5 million and $1.3 million for the three months ended June 30, 2022 and 2021, respectively and $1.3 million and $1.8 million for the six months ended June 30, 2022 and 2021, respectively. The estimated future amortization expenses for MSRs over the next five years are as follows: Estimated (dollars in thousands) Amortization Under one year $ 1,075 One to two years 942 Two to three years 826 Three to four years 722 Four to five years 632 The details of the Company’s MSRs are presented below: June 30, December 31, (dollars in thousands) 2022 2021 Gross carrying amount $ 69,207 $ 69,103 Less: accumulated amortization 62,055 60,801 Net carrying value $ 7,152 $ 8,302 The following table presents changes in amortized MSRs for the three and six months ended June 30, 2022 and 2021: Three Months Ended June 30, Six Months Ended June 30, (dollars in thousands) 2022 2021 2022 2021 Balance at beginning of period $ 7,650 $ 10,869 $ 8,302 $ 10,731 Originations 20 421 105 1,105 Amortization (518) (1,283) (1,255) (1,829) Balance at end of period $ 7,152 $ 10,007 $ 7,152 $ 10,007 Fair value of amortized MSRs at beginning of period $ 13,585 $ 14,921 $ 12,243 $ 14,029 Fair value of amortized MSRs at end of period $ 14,969 $ 13,480 $ 14,969 $ 13,480 MSRs are evaluated for impairment if events and circumstances indicate a possible impairment. No impairment of MSRs was recorded for the three and six months ended June 30, 2022 and 2021. The quantitative assumptions used in determining the lower of cost or fair value of the Company’s MSRs as of June 30, 2022 and December 31, 2021 were as follows: June 30, 2022 December 31, 2021 Weighted Weighted Range Average Range Average Conditional prepayment rate 8.09 % - 25.35 % 8.45 % 13.77 % - 25.19 % 14.61 % Life in years (of the MSR) 2.39 - 7.11 6.87 1.99 - 5.31 5.03 Weighted-average coupon rate 3.55 % - 6.37 % 3.68 % 3.58 % - 6.56 % 3.71 % Discount rate 10.00 % - 10.01 % 10.00 % 10.00 % - 10.01 % 10.00 % The sensitivities surrounding MSRs are expected to have an immaterial impact on fair value.

Transfers of Financial Assets

Transfers of Financial Assets	6 Months Ended
Transfers of Financial Assets	Jun. 30, 2022
Transfers of Financial Assets
Transfers of Financial Assets	6. Transfers of Financial Assets The Company’s transfers of financial assets with continuing interest may include pledges of collateral to secure public deposits and repurchase agreements, FHLB and FRB borrowing capacity, automated clearing house (“ACH”) transactions and interest rate swaps. For public deposits and repurchase agreements, the Company enters into bilateral agreements with the entity to pledge investment securities as collateral in the event of default. The right of setoff for a repurchase agreement resembles a secured borrowing, whereby the collateral pledged by the Company would be used to settle the fair value of the repurchase agreement should the Company be in default. The counterparty has the right to sell or repledge the investment securities. The Company is required by the counterparty to maintain adequate collateral levels. In the event the collateral fair value falls below stipulated levels, the Company will pledge additional investment securities. For transfers of assets with the FHLB and the FRB, the Company enters into bilateral agreements to pledge loans as collateral to secure borrowing capacity. For ACH transactions, the Company enters into bilateral agreements to collateralize possible daylight overdrafts. For interest rate swaps, the Company enters into bilateral agreements to pledge collateral when either party is in a negative fair value position to mitigate counterparty credit risk. Counterparties to ACH transactions, certain interest rate swaps, the FHLB and the FRB do not have the right to sell or repledge the collateral. The carrying amounts of the assets pledged as collateral to secure public deposits, borrowing arrangements and other transactions as of June 30, 2022 and December 31, 2021 were as follows: (dollars in thousands) June 30, 2022 December 31, 2021 Public deposits $ 2,402,529 $ 1,913,369 Federal Home Loan Bank 2,161,017 2,380,042 Federal Reserve Bank 1,711,775 1,724,279 ACH transactions 118,408 115,038 Interest rate swaps 29,762 48,430 Total $ 6,423,491 $ 6,181,158 As of June 30, 2022 and December 31, 2021, the borrowing capacity with the FHLB was $1.6 billion and $1.8 billion, respectively. The FHLB fixed-rate advances and remaining borrowing capacity were secured by residential real estate loan collateral as of June 30, 2022 and December 31, 2021. As of June 30, 2022 and December 31, 2021, the Company had an undrawn line of credit of $1.3 billion and $1.1 billion, respectively, from the FRB. The borrowing capacity with the FRB was secured by consumer, commercial and industrial, commercial real estate and residential real estate loans as of June 30, 2022 and December 31, 2021. As the Company did not enter into reverse repurchase agreements or repurchase agreements, no collateral was accepted or pledged as of June 30, 2022 and December 31, 2021. In addition, no debt was extinguished by in-substance defeasance.

Deposits

Deposits	6 Months Ended
Deposits	Jun. 30, 2022
Deposits
Deposits	7. Deposits As of June 30, 2022 and December 31, 2021, deposits were categorized as interest-bearing or noninterest-bearing as follows: (dollars in thousands) June 30, 2022 December 31, 2021 U.S.: Interest-bearing $ 12,115,934 $ 11,553,298 Noninterest-bearing 8,667,756 8,498,187 Foreign: Interest-bearing 874,637 868,985 Noninterest-bearing 943,127 895,676 Total deposits $ 22,601,454 $ 21,816,146 The following table presents the maturity distribution of time certificates of deposit as of June 30, 2022: Under $250,000 (dollars in thousands) $250,000 or More Total Three months or less $ 171,772 $ 180,025 $ 351,797 Over three through six months 182,045 199,301 381,346 Over six through twelve months 361,888 293,603 655,491 One to two years 89,003 21,527 110,530 Two to three years 49,814 11,053 60,867 Three to four years 43,595 17,297 60,892 Four to five years 38,887 6,754 45,641 Thereafter 416 700 1,116 Total $ 937,420 $ 730,260 $ 1,667,680 Time certificates of deposit in denominations of $250,000 or more, in the aggregate, were $0.7 billion and $0.8 billion as of June 30, 2022 and December 31, 2021, respectively. Overdrawn deposit accounts are classified as loans and totaled $7.0 million and $2.1 million as of June 30, 2022 and December 31, 2021, respectively.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
Accumulated Other Comprehensive Loss	Jun. 30, 2022
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss	8. Accumulated Other Comprehensive Loss Accumulated other comprehensive loss is defined as the revenues, expenses, gains and losses that are included in comprehensive loss but excluded from net income. The Company’s significant items of accumulated other comprehensive loss are pension and other benefits, net unrealized gains or losses on investment securities and net unrealized gains or losses on cash flow derivative hedges. Changes in accumulated other comprehensive loss for the three and six months ended June 30, 2022 and 2021 are presented below: Income Tax Pre-tax Benefit Net of (dollars in Amount (Expense) Tax Accumulated other comprehensive loss at March 31, 2022 $ (705,768) $ 188,266 $ (517,502) Three months ended June 30, 2022 Investment securities: Unrealized net losses arising during the period (91,352) 24,369 (66,983) Reclassification of net losses to net income: Amortization of unrealized holding losses on held-to-maturity securities 19,929 (5,317) 14,612 Net change in investment securities (71,423) 19,052 (52,371) Cash flow derivative hedges: Unrealized net losses arising during the period (1,523) 407 (1,116) Reclassification of net gains included in net income (638) 170 (468) Net change in cash flow derivative hedges (2,161) 577 (1,584) Other comprehensive loss (73,584) 19,629 (53,955) Accumulated other comprehensive loss at June 30, 2022 $ (779,352) $ 207,895 $ (571,457) Income Tax Pre-tax Benefit Net of (dollars in thousands) Amount (Expense) Tax Accumulated other comprehensive loss at December 31, 2021 $ (165,967) $ 44,274 $ (121,693) Six months ended June 30, 2022 Investment securities: Unrealized net losses arising during the period (629,437) 167,903 (461,534) Reclassification of net losses to net income: Amortization of unrealized holding losses on held-to-maturity securities 19,929 (5,317) 14,612 Net change in investment securities (609,508) 162,586 (446,922) Cash flow derivative hedges: Unrealized net losses arising during the period (3,239) 865 (2,374) Reclassification of net gains included in net income (638) 170 (468) Net change in cash flow derivative hedges (3,877) 1,035 (2,842) Other comprehensive loss (613,385) 163,621 (449,764) Accumulated other comprehensive loss at June 30, 2022 $ (779,352) $ 207,895 $ (571,457) Income Tax Pre-tax Benefit Net of (dollars in thousands) Amount (Expense) Tax Accumulated other comprehensive loss at March 31, 2021 $ (59,238) $ 15,803 $ (43,435) Three months ended June 30, 2021 Investment securities: Unrealized net gains arising during the period 18,831 (5,023) 13,808 Reclassification of net gains to net income: Investment securities gains, net (102) 27 (75) Net change in investment securities 18,729 (4,996) 13,733 Other comprehensive income 18,729 (4,996) 13,733 Accumulated other comprehensive loss at June 30, 2021 $ (40,509) $ 10,807 $ (29,702) Income Tax Pre-tax Benefit Net of (dollars in thousands) Amount (Expense) Tax Accumulated other comprehensive income at December 31, 2020 $ 43,098 $ (11,494) $ 31,604 Six months ended June 30, 2021 Investment securities: Unrealized net losses arising during the period (83,505) 22,274 (61,231) Reclassification of net gains to net income: Investment securities gains, net (102) 27 (75) Net change in investment securities (83,607) 22,301 (61,306) Other comprehensive loss (83,607) 22,301 (61,306) Accumulated other comprehensive loss at June 30, 2021 $ (40,509) $ 10,807 $ (29,702) The following table summarizes changes in accumulated other comprehensive loss, net of tax, for the periods indicated: Pensions Accumulated and Available-for-Sale Held-to-Maturity Cash Flow Other Other Investment Investment Derivative Comprehensive (dollars in thousands) Benefits Securities Securities Hedges Loss Three Months Ended June 30, 2022 Balance at beginning of period $ (24,390) $ (491,854) $ — $ (1,258) $ (517,502) Unrealized net losses related to the transfer of securities from available-for-sale to held-to-maturity — 338,816 (338,816) — — Other comprehensive (loss) income — (66,983) 14,612 (1,584) (53,955) Balance at end of period $ (24,390) $ (220,021) $ (324,204) $ (2,842) $ (571,457) Six Months Ended June 30, 2022 Balance at beginning of year $ (24,390) $ (97,303) $ — $ — $ (121,693) Unrealized net losses related to the transfer of securities from available-for-sale to held-to-maturity — 338,816 (338,816) — — Other comprehensive (loss) income — (461,534) 14,612 (2,842) (449,764) Balance at end of period $ (24,390) $ (220,021) $ (324,204) $ (2,842) $ (571,457) Three Months Ended June 30, 2021 Balance at beginning of period $ (31,737) $ (11,698) $ — $ — $ (43,435) Other comprehensive income — 13,733 — — 13,733 Balance at end of period $ (31,737) $ 2,035 $ — $ — $ (29,702) Six Months Ended June 30, 2021 Balance at beginning of year $ (31,737) $ 63,341 $ — $ — $ 31,604 Other comprehensive loss — (61,306) — — (61,306) Balance at end of period $ (31,737) $ 2,035 $ — $ — $ (29,702)

Regulatory Capital Requirements

Regulatory Capital Requirements	6 Months Ended
Regulatory Capital Requirements	Jun. 30, 2022
Regulatory Capital Requirements
Regulatory Capital Requirements	9. Regulatory Capital Requirements Federal and state laws and regulations limit the amount of dividends the Company may declare or pay. The Company depends primarily on dividends from FHB as the source of funds for the Company’s payment of dividends. The Company and the Bank are subject to various regulatory capital requirements imposed by federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory, and possibly additional discretionary, actions by regulators that, if undertaken, could have a direct material effect on the Company’s and the Bank’s operating activities and financial condition. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and Bank must meet specific capital guidelines that involve quantitative measures of its assets and certain off-balance sheet items. The capital amounts and classifications are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. The table below sets forth those ratios at June 30, 2022 and December 31, 2021: First Hawaiian Minimum Well- First Hawaiian, Inc. Bank Capital Capitalized (dollars in thousands) Amount Ratio Amount Ratio Ratio (1) Ratio (1) June 30, 2022: Common equity tier 1 capital to risk-weighted assets $ 1,828,576 11.98 % $ 1,818,243 11.91 % 4.50 % 6.50 % Tier 1 capital to risk-weighted assets 1,828,576 11.98 % 1,818,243 11.91 % 6.00 % 8.00 % Total capital to risk-weighted assets 2,006,476 13.14 % 1,996,143 13.07 % 8.00 % 10.00 % Tier 1 capital to average assets (leverage ratio) 1,828,576 7.54 % 1,818,243 7.50 % 4.00 % 5.00 % December 31, 2021: Common equity tier 1 capital to risk-weighted assets $ 1,783,113 12.24 % $ 1,769,214 12.14 % 4.50 % 6.50 % Tier 1 capital to risk-weighted assets 1,783,113 12.24 % 1,769,214 12.14 % 6.00 % 8.00 % Total capital to risk-weighted assets 1,965,280 13.49 % 1,951,377 13.40 % 8.00 % 10.00 % Tier 1 capital to average assets (leverage ratio) 1,783,113 7.24 % 1,769,214 7.18 % 4.00 % 5.00 % (1) As defined by the regulations issued by the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and Federal Deposit Insurance Corporation (“FDIC”). Federal regulations require a 2.5% capital conservation buffer designed to absorb losses during periods of economic stress. The capital conservation buffer is composed entirely of CET1, on top of these minimum risk weighted asset ratios, effectively resulting in minimum ratios of (i) 7% CET1 to risk-weighted assets, (ii) 8.5% Tier 1 capital to risk-weighted assets, and (iii) 10.5% total capital to risk-weighted assets. As of June 30, 2022, under the bank regulatory capital guidelines, the Company and Bank were both classified as well-capitalized. Management is not aware of any conditions or events that have occurred since June 30, 2022, to change the capital adequacy category of the Company or the Bank.

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
Derivative Financial Instruments	Jun. 30, 2022
Derivative Financial Instruments
Derivative Financial Instruments	10. Derivative Financial Instruments The Company enters into derivative contracts primarily to manage its interest rate risk, as well as for customer accommodation purposes. Derivatives used for risk management purposes consist of interest rate swaps that are designated as a fair value hedge or cash flow hedge. The derivatives are recognized on the unaudited interim consolidated balance sheets as either assets or liabilities at fair value. Derivatives entered into for customer accommodation purposes consist of various free-standing interest rate derivative products and foreign exchange contracts. The Company is party to master netting arrangements with its financial institution counterparties; however, the Company does not offset assets and liabilities under these arrangements for financial statement presentation purposes. The following table summarizes the notional amounts and fair values of derivatives held by the Company as of June 30, 2022 and December 31, 2021: June 30, 2022 December 31, 2021 Fair Value Fair Value Notional Asset Liability Notional Asset Liability (dollars in thousands) Amount Derivatives (1) Derivatives (2) Amount Derivatives (1) Derivatives (2) Derivatives designated as hedging instruments: Interest rate swaps $ 267,500 $ 4,932 $ (3,877) $ 67,500 $ — $ (1,211) Derivatives not designated as hedging instruments: Interest rate swaps 2,937,558 5,454 (23,984) 2,827,582 50,898 — Visa derivative 107,464 — (3,786) 105,916 — (5,530) Interest rate caps and floors — — — 148,800 27 (27) Foreign exchange contracts 232 — — 217 — — (1) The positive fair values of derivative assets are included in other assets. (2) The negative fair values of derivative liabilities are included in other liabilities. Certain interest rate swaps noted above, are cleared through clearinghouses, rather than directly with counterparties. Those transactions cleared through a clearinghouse require initial margin collateral and variation margin payments depending on the contracts being in a net asset or liability position. As of June 30, 2022 and December 31, 2021, the amount of initial margin cash collateral received by the Company was $0.8 million and $1.7 million, respectively. As of June 30, 2022 and December 31, 2021, the variation margin was $18.5 million and $50.9 million, respectively. As of June 30, 2022, the Company pledged $29.8 million in financial instruments and received $30.7 million in cash as collateral for interest rate swaps. As of December 31, 2021, the Company pledged $30.3 million in financial instruments and $18.1 million in cash as collateral for interest rate swaps. As of June 30, 2022 and December 31, 2021, the cash collateral includes the excess initial margin for interest rate swaps cleared through clearinghouses and cash collateral for interest rate swaps with financial institution counterparties. Fair Value Hedges To manage the risk related to the Company’s net interest margin, interest rate swaps are utilized to hedge certain fixed-rate loans. These swaps have maturity, amortization and prepayment features that correspond to the loans hedged, and are designated and qualify as fair value hedges. Any gain or loss on the swaps, as well as the offsetting loss or gain on the hedged item attributable to the hedged risk, is recognized in current period earnings. At June 30, 2022 and December 31, 2021, the Company carried one interest rate swap with a notional amount of $67.5 million, which was designated and qualified as a fair value hedge for a commercial and industrial loan. As of June 30, 2022 and December 31, 2021, the interest rate swap had a positive fair value of $4.9 million and a negative fair value of $1.0 million, respectively. The swap was executed in the fourth quarter of 2021, will start in the fourth quarter of 2023, and will mature in 2041. The Company will receive a USD Federal Funds floating rate and will pay a fixed rate of 2.07% . The following table shows the gains and losses recognized in income related to derivatives in fair value hedging relationships for the three and six months ended June 30, 2022 and 2021: Gains (losses) recognized in Three Months Ended Six Months Ended the consolidated statements June 30, June 30, (dollars in of income line item 2022 2021 2022 2021 Gains (losses) on fair value hedging relationships recognized in interest income: Recognized on interest rate swap Loans and lease financing $ 4,631 $ 121 $ 6,143 $ 313 Recognized on hedged item Loans and lease financing (4,729) (138) (6,346) (387) As of June 30, 2022 and December 31, 2021, the following amounts were recorded in the unaudited interim consolidated balance sheets related to the cumulative basis adjustments for fair value hedges: Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Asset Carrying Amount of the Hedged Asset (dollars in June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 Line item in the consolidated balance sheets in which the hedged item is included Loans and leases $ 62,542 $ 68,707 $ (4,958) $ 1,207 Cash Flow Hedges The Company utilized interest rate swaps to reduce asset sensitivity and enhance current yields associated with interest payments received on a pool of floating-rate loans. The Company entered into interest rate swaps paying floating rates and receiving fixed rates. The floating-rate index (Bloomberg Short-Term Bank Yield Index, or “BSBY”) corresponds to the floating-rate nature of the interest receipts being hedged (based on USD Prime). The swaps provide an initial benefit to interest income as the Company receives the higher fixed rate, which persists for as long as the floating rate remains below the swap’s fixed rate. By hedging with interest rate swaps, the Company minimizes the adverse impact on interest income associated with a low interest rate environment on floating-rate loans. As of June 30, 2022, the Company carried two interest rate swaps with notional amounts totaling $200.0 million, with a negative fair value totaling $3.9 million. The swaps mature in 2024. The Company received fixed rates ranging from 1.70% to 2.08% and paid 1-month BSBY. The interest rate swaps are designated and qualify as cash flow hedges. To the extent that the hedge is considered highly effective, the gain or loss on the interest rate swaps is reported as a component of other comprehensive income (loss) and reclassified into earnings in the same period that the hedged transaction affects earnings. The following table summarizes the effect of cash flow hedging relationships for the three and six months ended June 30, 2022: (dollars in thousands) Three Months Ended June 30, 2022 Six Months Ended June 30, 2022 Pretax net losses recognized in other comprehensive income on cash flow derivative hedges $ (1,523) $ (3,239) Pretax net gains reclassified from accumulated other comprehensive income to interest income from loans and lease financing (638) (638) The estimated net amount to be reclassified within the next 12 months out of accumulated other comprehensive income (loss) into earnings is $2.2 million as a decrease to interest income from loans and lease financing. As of June 30, 2022, the maximum length of time over which forecasted transactions are hedged is approximately two years. Free-Standing Derivative Instruments For the derivatives that are not designated as hedges, changes in fair value are reported in current period earnings. The following table summarizes the impact on pretax earnings of derivatives not designated as hedges, as reported on the unaudited interim consolidated statements of income for the three and six months ended June 30, 2022 and 2021: Net gains (losses) recognized Three Months Ended Six Months Ended in the consolidated statements June 30, June 30, (dollars in of income line item 2022 2021 2022 2021 Derivatives Not Designated As Hedging Instruments: Visa derivative Other noninterest income $ 123 $ (23) (1,357) 3 Foreign exchange contracts Other noninterest income (6) — — — As of June 30, 2022, the Company carried multiple interest rate swaps with notional amounts totaling $2.9 billion, all of which were related to the Company’s customer swap program, with a positive fair value of $5.5 million and a negative fair value of $24.0 million. The Company received floating rates ranging from 1.06% to 4.06% and paid fixed rates ranging from 2.06% to 6.19%. The swaps mature between July 2022 and June 2040. As of December 31, 2021, the Company carried multiple interest rate swaps with notional amounts totaling $2.8 billion, all of which were related to the Company’s customer swap program, with a positive fair value of $50.9 million and a negative fair value of nil. The Company received floating rates ranging from 0.00% to 3.55% and paid fixed rates ranging from 2.02% to 6.19%. These swaps resulted in net interest expense of nil during both the three and six months ended June 30, 2022 and 2021. The Company’s customer swap program is designed by offering customers a variable-rate loan that is swapped to fixed-rate through an interest rate swap. The Company simultaneously executes an offsetting interest rate swap with a swap dealer. Upfront fees on the dealer swap are recorded in other noninterest income and totaled $0.5 million and $1.3 million for the three months ended June 30, 2022 and 2021, respectively, and $1.4 million and $1.7 million for the six months ended June 30, 2022 and 2021, respectively. Visa Class B Restricted Shares In 2016, the Company recorded a $22.7 million net realized gain related to the sale of 274,000 Visa Class B restricted shares. Concurrent with the sale of the Visa Class B restricted shares, the Company entered into a funding swap agreement with the buyer that requires payment to the buyer in the event Visa reduces each member bank’s Class B conversion rate to unrestricted Class A common shares. During 2018 through 2022, Visa funded its litigation escrow account, thereby reducing each member bank’s Class B conversion rate to unrestricted Class A common shares from 1.6483 to the current conversion rate of 1.6059. Under the terms of the funding swap agreement, the Company will make monthly payments to the buyer based on Visa’s Class A stock price and the number of Visa Class B restricted shares that were sold until the date on which the covered litigation is settled. A derivative liability (“Visa derivative”) of $3.8 million and $5.5 million was included in the unaudited interim consolidated balance sheets at June 30, 2022 and December 31, 2021, respectively, to provide for the fair value of this liability. There were no sales of these shares prior to 2016. See “Note 15. Fair Value” for more information. Counterparty Credit Risk By using derivatives, the Company is exposed to counterparty credit risk if counterparties to the derivative contracts do not perform as expected. If a counterparty fails to perform, the Company’s counterparty credit risk is equal to the amount reported as a derivative asset, net of cash or other collateral received, and net of derivatives in a loss position with the same counterparty to the extent master netting arrangements exist. The Company minimizes counterparty credit risk through credit approvals, limits, monitoring procedures, executing master netting arrangements and obtaining collateral, where appropriate. Counterparty credit risk related to derivatives is considered in determining fair value. The Company’s interest rate swap agreements include bilateral collateral agreements with collateral requirements, which begin with exposures in excess of $0.3 million. For each counterparty, the Company reviews the interest rate swap collateral daily. Collateral for customer interest rate swap agreements, calculated as the pledged asset less loan balance, requires valuation of the pledged asset. Counterparty credit risk adjustments of nil were recognized during both the three months ended June 30, 2022 and 2021, and $0.1 million were recognized during both the six months ended June 30, 2022 and 2021. Credit-Risk Related Contingent Features Some of our derivative contracts contain provisions whereby if the Company’s credit rating were to be downgraded by certain major credit rating agencies as a result of a merger or material adverse change in the Company’s financial condition, the counterparty could require an early termination of derivative instruments in a net liability position. The aggregate fair value of all derivative instruments with such credit-risk related contingent features that are in a net liability position was $0.1 million and $26.9 million at June 30, 2022 and December 31, 2021, respectively, for which we posted nil and $19.8 million, respectively, in collateral in the normal course of business. If the Company’s credit rating had been downgraded as of June 30, 2022 and December 31, 2021, we may have been required to settle the contracts in an amount equal to their fair value.

Commitments and Contingent Liab

Commitments and Contingent Liabilities	6 Months Ended
Commitments and Contingent Liabilities	Jun. 30, 2022
Commitments and Contingent Liabilities
Commitments and Contingent Liabilities	11. Commitments and Contingent Liabilities Contingencies On November 2, 2020, a lawsuit was filed in Hawaii Circuit Court by a Bank customer related to the sale of credit facilities that the Bank had previously extended to the customer. The customer asserts claims against the Bank for interference with the customer’s contract and business opportunity, unfair methods of competition and declaratory and injunctive relief. The outcome of this legal proceeding is uncertain at this point. Based on information available to the Company at present, the Company cannot reasonably estimate a range of potential loss, if any, for this action. Accordingly, the Company has not recognized any liability associated with this action. Management disputes any wrongdoing and the case is being vigorously defended. In addition to the litigation noted above, various legal proceedings are pending or threatened against the Company. After consultation with legal counsel, management does not expect that the aggregate liability, if any, resulting from these proceedings would have a material effect on the Company’s unaudited interim consolidated financial position, results of operations or cash flows. Financial Instruments with Off-Balance Sheet Risk The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby and commercial letters of credit which are not reflected in the unaudited interim consolidated financial statements. Unfunded Commitments to Extend Credit A commitment to extend credit is a legally binding agreement to lend funds to a customer, usually at a stated interest rate and for a specified purpose. Commitments are reported net of participations sold to other institutions. Such commitments have fixed expiration dates and generally require a fee. The extension of a commitment gives rise to credit risk. The actual liquidity requirements or credit risk that the Company will experience is expected to be lower than the contractual amount of commitments to extend credit because a significant portion of those commitments are expected to expire without being drawn upon. Certain commitments are subject to loan agreements containing covenants regarding the financial performance of the customer that must be met before the Company is required to fund the commitment. The Company uses the same credit policies in making commitments to extend credit as it does in making loans. In addition, the Company manages the potential credit risk in commitments to extend credit by limiting the total amount of arrangements, both by individual customer and in the aggregate, by monitoring the size and expiration structure of these portfolios and by applying the same credit standards maintained for all of its related credit activities. Commitments to extend credit are reported net of participations sold to other institutions of $91.7 million and $95.5 million at June 30, 2022 and December 31, 2021, respectively. Standby and Commercial Letters of Credit Standby letters of credit are issued on behalf of customers in connection with contracts between the customers and third parties. Under standby letters of credit, the Company assures that the third parties will receive specified funds if customers fail to meet their contractual obligations. The credit risk to the Company arises from its obligation to make payment in the event of a customer’s contractual default. Standby letters of credit are reported net of participations sold to other institutions of $8.2 million and $10.7 million at June 30, 2022 and December 31, 2021, respectively. The Company also had commitments for commercial and similar letters of credit. Commercial letters of credit are issued specifically to facilitate commerce whereby the commitment is typically drawn upon when the underlying transaction between the customer and a third-party is consummated. The maximum amount of potential future payments guaranteed by the Company is limited to the contractual amount of these letters. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. Collateral held supports those commitments for which collateral is deemed necessary. The commitments outstanding as of June 30, 2022 have maturities ranging from August 2022 to September 2026. Substantially all fees received from the issuance of such commitments are deferred and amortized on a straight-line basis over the term of the commitment. Financial instruments with off-balance sheet risk at June 30, 2022 and December 31, 2021 were as follows: June 30, December 31, (dollars in 2022 2021 Financial instruments whose contract amounts represent credit risk: Commitments to extend credit $ 6,584,364 $ 6,490,301 Standby letters of credit 232,024 182,447 Commercial letters of credit 3,409 3,307 Guarantees The Company sells residential mortgage loans in the secondary market primarily to the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation that may potentially require repurchase under certain conditions. This risk is managed through the Company’s underwriting practices. The Company services loans sold to investors and loans originated by other originators under agreements that may include repurchase remedies if certain servicing requirements are not met. This risk is managed through the Company’s quality assurance and monitoring procedures. Management does not anticipate any material losses as a result of these transactions. Foreign Exchange Contracts The Company has forward foreign exchange contracts that represent commitments to purchase or sell foreign currencies at a future date at a specified price. The Company’s utilization of forward foreign exchange contracts is subject to the primary underlying risk of movements in foreign currency exchange rates and to additional counterparty risk should its counterparties fail to meet the terms of their contracts. Forward foreign exchange contracts are utilized to mitigate the Company’s risk to satisfy customer demand for foreign currencies and are not used for trading purposes. See “Note 10. Derivative Financial Instruments” for more information. Reorganization Transactions On April 1, 2016, a series of reorganization transactions were undertaken to facilitate FHI’s initial public offering. In connection with the reorganization transactions, FHI distributed its interest in BancWest Holding Inc. (“BWHI”), including Bank of the West (“BOW”) to BNP Paribas (“BNPP”) so that BWHI was held directly by BNPP. As a result of the reorganization transactions that occurred on April 1, 2016, various tax or other contingent liabilities could arise related to the business of BOW, or related to the Company’s operations prior to the restructuring when it was known as BancWest Corporation, including its then wholly owned subsidiary, BOW. The Company is not able to determine the ultimate outcome or estimate the amounts of these contingent liabilities, if any, at this time.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	6 Months Ended
Revenue from Contracts with Customers	Jun. 30, 2022
Revenue from Contracts with Customers
Revenue from Contracts with Customers	12. Revenue from Contracts with Customers Revenue Recognition In accordance with Topic 606, revenues are recognized when control of promised goods or services is transferred to customers in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. To determine revenue recognition for arrangements that an entity determines are within the scope of Topic 606, the Company performs the following five steps: (i) identify the contract(s) with a customer; (ii) identify the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligations in the contract; and (v) recognize revenue when (or as) the Company satisfies a performance obligation. The Company only applies the five-step model to contracts when it is probable that the entity will collect the consideration it is entitled to in exchange for the goods or services it transfers to the customer. At contract inception, once the contract is determined to be within the scope of Topic 606, the Company assesses the goods or services that are promised within each contract and identifies those that contain performance obligations, and assesses whether each promised good or service is distinct. The Company then recognizes as revenue the amount of the transaction price that is allocated to the respective performance obligation when (or as) the performance obligation is satisfied. Disaggregation of Revenue The following table summarizes the Company’s revenues, which includes net interest income on financial instruments and noninterest income, disaggregated by type of service and business segments for the periods indicated: Three Months Ended June 30, 2022 Treasury Retail Commercial and (dollars in Banking Banking Other Total Net interest income (1) $ 107,368 $ 36,826 $ 953 $ 145,147 Service charges on deposit accounts 6,085 413 345 6,843 Credit and debit card fees — 15,243 1,206 16,449 Other service charges and fees 6,306 417 487 7,210 Trust and investment services income 8,759 — — 8,759 Other 175 2,873 287 3,335 Not in scope of Topic 606 (1) 1,160 1,469 (1,088) 1,541 Total noninterest income 22,485 20,415 1,237 44,137 Total revenue $ 129,853 $ 57,241 $ 2,190 $ 189,284 Six Months Ended June 30, 2022 Treasury Retail Commercial and (dollars in thousands) Banking Banking Other Total Net interest income (1) $ 201,416 $ 71,914 $ 5,689 $ 279,019 Service charges on deposit accounts 12,734 759 851 14,344 Credit and debit card fees — 28,269 2,422 30,691 Other service charges and fees 12,869 1,198 856 14,923 Trust and investment services income 17,642 — — 17,642 Other 303 5,457 545 6,305 Not in scope of Topic 606 (1) 2,252 3,387 (4,027) 1,612 Total noninterest income 45,800 39,070 647 85,517 Total revenue $ 247,216 $ 110,984 $ 6,336 $ 364,536 (1) Most of the Company’s revenue is not within the scope of ASU No. 2014-09, Revenue from Contracts with Customers . The guidance explicitly excludes net interest income from financial assets and liabilities as well as other noninterest income from loans, leases, investment securities, derivative financial instruments and bank-owned life insurance. Three Months Ended June 30, 2021 Treasury Retail Commercial and (dollars in thousands) Banking Banking Other Total Net interest income (1) $ 97,106 $ 40,234 $ (5,859) $ 131,481 Service charges on deposit accounts 5,788 341 503 6,632 Credit and debit card fees — 14,692 1,440 16,132 Other service charges and fees 5,983 1,590 382 7,955 Trust and investment services income 8,707 — — 8,707 Other 149 623 367 1,139 Not in scope of Topic 606 (1) 1,868 2,282 4,656 8,806 Total noninterest income 22,495 19,528 7,348 49,371 Total revenue $ 119,601 $ 59,762 $ 1,489 $ 180,852 Six Months Ended June 30, 2021 Treasury Retail Commercial and (dollars in thousands) Banking Banking Other Total Net interest income (1) $ 191,560 $ 78,500 $ (9,421) $ 260,639 Service charges on deposit accounts 11,874 564 912 13,350 Credit and debit card fees — 27,217 2,868 30,085 Other service charges and fees 11,547 2,065 734 14,346 Trust and investment services income 17,199 — — 17,199 Other 228 2,119 703 3,050 Not in scope of Topic 606 (1) 5,222 3,604 6,383 15,209 Total noninterest income 46,070 35,569 11,600 93,239 Total revenue $ 237,630 $ 114,069 $ 2,179 $ 353,878 (1) Most of the Company’s revenue is not within the scope of ASU No. 2014-09, Revenue from Contracts with Customers. The guidance explicitly excludes net interest income from financial assets and liabilities as well as other noninterest income from loans, leases, investment securities, derivative financial instruments and bank-owned life insurance. For the three and six months ended June 30, 2022 and 2021, substantially all of the Company’s revenues under the scope of Topic 606 were related to performance obligations satisfied at a point in time. The following is a discussion of revenues within the scope of Topic 606. Service Charges on Deposit Accounts Service charges on deposit accounts relate to fees generated from a variety of deposit products and services rendered to customers. Charges include, but are not limited to, overdraft fees, non-sufficient fund fees, dormant fees and monthly service charges. Such fees are recognized concurrent with the event on a daily basis or on a monthly basis depending upon the customer’s cycle date. Credit and Debit Card Fees Credit and debit card fees primarily represent revenues earned from interchange fees, ATM fees and merchant processing fees. Interchange and network revenues are earned on credit and debit card transactions conducted with payment networks. ATM fees are primarily earned as a result of surcharges assessed to non-FHB customers who use an FHB ATM. Merchant processing fees are primarily earned on transactions in which FHB is the acquiring bank. Such fees are generally recognized concurrently with the delivery of services on a daily basis. Trust and Investment Services Fees Trust and investment services fees represent revenue earned by directing, holding and managing customers’ assets. Fees are generally computed based on a percentage of the previous period’s value of assets under management. The transaction price (i.e., percentage of assets under management) is established at the inception of each contract. Trust and investment services fees also include fees collected when the Company acts as agent or personal representative and executes security transactions, performs collection and disbursement of income, and completes investment management and other administrative tasks. Other Fees Other fees primarily include revenues generated from wire transfers, lockboxes, bank issuance of checks and insurance commissions. Such fees are recognized concurrent with the event or on a monthly basis. Contract Balances A contract liability is an entity’s obligation to transfer goods or services to a customer for which the entity has received consideration (or the amount is due) from the customer. The Company received signing bonuses from three vendors in prior years and one vendor in the current year, which are being amortized over the term of the respective contracts. As of June 30, 2022 and December 31, 2021, the Company had contract liabilities of $2.6 million and $3.0 million, respectively, which it expects to recognize over the remaining term of the respective contracts with the vendors. For the three and six months ended June 30, 2022, the Company’s recognized revenues increased and contract liabilities decreased by approximately $0.2 million and $0.5 million, respectively, due to the passage of time. For the three and six months ended June 30, 2021, the Company’s recognized revenues increased and contract liabilities decreased by approximately $0.2 million and $0.4 million, respectively, due to the passage of time. There were no changes in contract liabilities due to changes in transaction price estimates. A contract asset is the right to consideration for transferred goods or services when the amount is conditioned on something other than the passage of time. As of June 30, 2022 and December 31, 2021, there were no material receivables from contracts with customers or contract assets recorded on the Company’s consolidated balance sheets. Other Except for the contract liabilities noted above, the Company did not have any significant performance obligations as of June 30, 2022 and December 31, 2021. The Company also did not have any material contract acquisition costs or use any significant judgments or estimates in recognizing revenue for financial reporting purposes.

Earnings per Share

Earnings per Share	6 Months Ended
Earnings per Share	Jun. 30, 2022
Earnings per Share
Earnings per Share	13. Earnings per Share For the three and six months ended June 30, 2022, the Company made no adjustments to net income for the purpose of computing earnings per share and there were 149,000 and 22,000 antidilutive securities, respectively. For the three and six months ended June 30, 2021, the Company made no adjustments to net income for the purpose of computing earnings per share and there were no antidilutive securities. For the three and six months ended June 30, 2022 and 2021, the computations of basic and diluted earnings per share were as follows: Three Months Ended June 30, Six Months Ended June 30, (dollars in 2022 2021 2022 2021 Numerator: Net income $ 59,360 $ 86,741 $ 117,079 $ 144,434 Denominator: Basic: weighted-average shares outstanding 127,672,244 129,392,339 127,614,564 129,661,228 Add: weighted-average equity-based awards 342,533 436,508 494,066 503,534 Diluted: weighted-average shares outstanding 128,014,777 129,828,847 128,108,630 130,164,762 Basic earnings per share $ 0.46 $ 0.67 $ 0.92 $ 1.11 Diluted earnings per share $ 0.46 $ 0.67 $ 0.91 $ 1.11

Noninterest Income and Noninter

Noninterest Income and Noninterest Expense	6 Months Ended
Noninterest Income and Noninterest Expense	Jun. 30, 2022
Noninterest Income and Noninterest Expense
Noninterest Income and Noninterest Expense	14. Noninterest Income and Noninterest Expense Benefit Plans The following table sets forth the components of net periodic benefit cost for the Company’s pension and postretirement benefit plans for the three and six months ended June 30, 2022 and 2021: Income line item where recognized in Pension Benefits Other Benefits (dollars in the consolidated statements of income 2022 2021 2022 2021 Three Months Ended June 30, Service cost Salaries and employee benefits $ — $ — $ 214 $ 264 Interest cost Other noninterest expense 1,361 1,231 143 131 Expected return on plan assets Other noninterest expense (782) (766) — — Recognized net actuarial loss (gain) Other noninterest expense 1,269 1,720 (101) — Total net periodic benefit cost $ 1,848 $ 2,185 $ 256 $ 395 Six Months Ended June 30, Service cost Salaries and employee benefits $ — $ — $ 429 $ 528 Interest cost Other noninterest expense 2,722 2,462 287 262 Expected return on plan assets Other noninterest expense (1,565) (1,532) — — Recognized net actuarial loss (gain) Other noninterest expense 2,537 3,440 (202) — Total net periodic benefit cost $ 3,694 $ 4,370 $ 514 $ 790 Leases The Company recognized operating lease income related to lease payments of $1.6 million for both the three months ended June 30, 2022 and 2021, and $3.1 million and $3.3 million for the six months ended June 30, 2022 and 2021, respectively. In addition, the Company recognized $1.6 million and $1.5 million of lease income related to variable lease payments for the three months ended June 30, 2022 and 2021, respectively, and $3.2 million and $3.0 million for the six months ended June 30, 2022 and 2021, respectively.

Fair Value

Fair Value	6 Months Ended
Fair Value	Jun. 30, 2022
Fair Value
Fair Value	15. Fair Value The Company determines the fair values of its financial instruments based on the requirements established in Accounting Standards Codification Topic 820 (“Topic 820”), Fair Value Measurements Fair Value Hierarchy Topic 820 establishes three levels of fair values based on the markets in which the assets or liabilities are traded and the reliability of the assumptions used to determine fair value. The levels are: ◾ Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access. ◾ Level 2: Observable inputs other than Level 1 prices, such as quoted prices for similar assets and liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. ◾ Level 3: Valuation is generated from model-based techniques that use significant assumptions not observable in the market. These unobservable assumptions reflect the Company’s own estimates of assumptions that market participants would use in pricing the asset or liability (“Company-level data”). Level 3 assets and liabilities include financial instruments whose value is determined using unobservable inputs to pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. Topic 820 requires that the Company disclose estimated fair values for certain financial instruments. Financial instruments include such items as investment securities, loans, deposits, interest rate and foreign exchange contracts, swaps and other instruments as defined by the standard. The Company has an organized and established process for determining and reviewing the fair value of financial instruments reported in the Company’s financial statements. The fair value measurements are reviewed to ensure they are reasonable and in line with market experience in similar asset and liability classes. Additionally, the Company may be required to record at fair value other assets on a nonrecurring basis, such as other real estate owned, other customer relationships, and other intangible assets. These nonrecurring fair value adjustments typically involve the application of lower-of-cost-or-fair-value accounting or write-downs of individual assets. Disclosure of fair values is not required for certain items such as lease financing, obligations for pension and other postretirement benefits, premises and equipment, prepaid expenses, deposit liabilities with no defined or contractual maturity, and income tax assets and liabilities. Reasonable comparisons of fair value information with that of other financial institutions cannot necessarily be made because the standard permits many alternative calculation techniques, and numerous assumptions have been used to estimate the Company’s fair values. Valuation Techniques Used in the Fair Value Measurement of Assets and Liabilities Carried at Fair Value For the assets and liabilities measured at fair value on a recurring basis (categorized in the valuation hierarchy table below), the Company applies the following valuation techniques: Available-for-sale securities Available-for-sale debt securities are recorded at fair value on a recurring basis. Fair value measurement is based on quoted prices, including estimates by third-party pricing services, if available. If quoted prices are not available, fair values are measured using proprietary valuation models that utilize market observable parameters from active market makers and inter-dealer brokers whereby securities are valued based upon available market data for securities with similar characteristics. Management reviews the pricing information received from the Company’s third-party pricing service to evaluate the inputs and valuation methodologies used to place securities into the appropriate level of the fair value hierarchy and transfers of securities within the fair value hierarchy are made if necessary. On a monthly basis, management reviews the pricing information received from the third-party pricing service which includes a comparison to non-binding third-party broker quotes, as well as a review of market-related conditions impacting the information provided by the third-party pricing service. Management also identifies investment securities which may have traded in illiquid or inactive markets by identifying instances of a significant decrease in the volume or frequency of trades, relative to historical levels, as well as instances of a significant widening of the bid-ask spread in the brokered markets. As of June 30, 2022 and December 31, 2021, management did not make adjustments to prices provided by the third-party pricing services as a result of illiquid or inactive markets. The Company’s third-party pricing service has also established processes for the Company to submit inquiries regarding quoted prices. Periodically, the Company will challenge the quoted prices provided by the third-party pricing service. The Company’s third-party pricing service will review the inputs to the evaluation in light of the new market data presented by the Company. The Company’s third-party pricing service may then affirm the original quoted price or may update the evaluation on a going forward basis. The Company classifies all available-for-sale securities as Level 2. Derivatives Most of the Company’s derivatives are traded in over-the-counter markets where quoted market prices are not readily available. For those derivatives, the Company measures fair value on a recurring basis using proprietary valuation models that primarily use market observable inputs, such as yield curves, and option volatilities. The fair value of derivatives includes values associated with counterparty credit risk and the Company’s own credit standing. The Company classifies these derivatives, included in other assets and other liabilities, as Level 2. Concurrent with the sale of the Visa Class B restricted shares, the Company entered into an agreement with the buyer that requires payment to the buyer in the event Visa reduces each member bank’s Class B conversion rate to unrestricted Class A common shares. During 2018 through 2022, Visa funded its litigation escrow account, thereby reducing each member bank’s Class B conversion rate to unrestricted Class A common shares from 1.6483 to the current conversion rate of 1.6059. The Visa derivative of $3.8 million and $5.5 million was included in the unaudited interim consolidated balance sheets at June 30, 2022 and December 31, 2021, respectively, to provide for the fair value of this liability. The potential liability related to this funding swap agreement was determined based on management’s estimate of the timing and the amount of Visa’s litigation settlement and the resulting payments due to the counterparty under the terms of the contract. As such, the funding swap agreement is classified as Level 3 in the fair value hierarchy. The significant unobservable inputs used in the fair value measurement of the Company’s funding swap agreement are the potential future changes in the conversion rate, expected term and growth rate of the market price of Visa Class A common shares. Material increases (or decreases) in any of those inputs may result in a significantly higher (or lower) fair value measurement. Assets and Liabilities Recorded at Fair Value on a Recurring Basis Assets and liabilities measured at fair value on a recurring basis as of June 30, 2022 and December 31, 2021 are summarized below: Fair Value Measurements as of June 30, 2022 Quoted Prices in Significant Active Markets for Other Significant Identical Assets Observable Unobservable (dollars in (Level 1) Inputs (Level 2) Inputs (Level 3) Total Assets U.S. Treasury and government agency debt securities $ — $ 159,165 $ — $ 159,165 Government-sponsored enterprises debt securities — 19,963 — 19,963 Mortgage-backed securities: Residential - Government agency (1) — 67,958 — 67,958 Residential - Government-sponsored enterprises (1) — 1,333,015 — 1,333,015 Commercial - Government agency — 267,657 — 267,657 Commercial - Government-sponsored enterprises — 141,836 — 141,836 Commercial - Non-agency — 21,550 — 21,550 Collateralized mortgage obligations: Government agency — 1,025,339 — 1,025,339 Government-sponsored enterprises — 684,560 — 684,560 Collateralized loan obligations — 246,703 — 246,703 Total available-for-sale securities — 3,967,746 — 3,967,746 Other assets (2) 6,703 10,386 — 17,089 Liabilities Other liabilities (3) — (27,861) (3,786) (31,647) Total $ 6,703 $ 3,950,271 $ (3,786) $ 3,953,188 (1) Backed by residential real estate. (2) Other assets classified as Level 1 include mutual funds and money market funds that have quoted prices in active markets and are related to the Company’s deferred compensation plans. Other assets classified as Level 2 include derivative assets. (3) Other liabilities include derivative liabilities. Fair Value Measurements as of December 31, 2021 Quoted Prices in Significant Active Markets for Other Significant Identical Assets Observable Unobservable (dollars in thousands) (Level 1) Inputs (Level 2) Inputs (Level 3) Total Assets U.S. Treasury and government agency debt securities $ — $ 192,563 $ — $ 192,563 Mortgage-backed securities: Residential - Government agency (1) — 137,264 — 137,264 Residential - Government-sponsored enterprises (1) — 1,491,100 — 1,491,100 Commercial - Government agency — 387,663 — 387,663 Commercial - Government-sponsored enterprises — 1,369,443 — 1,369,443 Collateralized mortgage obligations: Government agency — 2,079,523 — 2,079,523 Government-sponsored enterprises — 2,621,044 — 2,621,044 Collateralized loan obligations — 105,247 — 105,247 Debt securities issued by states and political subdivisions — 44,185 — 44,185 Total available-for-sale securities — 8,428,032 — 8,428,032 Other assets (2) 7,382 50,925 — 58,307 Liabilities Other liabilities (3) — (1,238) (5,530) (6,768) Total $ 7,382 $ 8,477,719 $ (5,530) $ 8,479,571 (1) Backed by residential real estate. (2) Other assets classified as Level 1 include mutual funds and money market funds that have quoted prices in active markets and are related to the Company’s deferred compensation plans. Other assets classified as Level 2 include derivative assets. (3) Other liabilities include derivative liabilities. For Level 3 assets and liabilities measured at fair value on a recurring basis as of June 30, 2022 and December 31, 2021, the significant unobservable inputs used in the fair value measurements were as follows: Quantitative Information about Level 3 Fair Value Measurements at June 30, 2022 Significant (dollars in thousands) Fair value Valuation Technique Unobservable Input Range Visa derivative $ (3,786) Discounted Cash Flow Expected Conversion Rate - 1.6059 (1) 1.5885 - 1.6059 Expected Term - 1 year (2) 0.5 to 1.5 years Growth Rate - 26% (3) 10% - 38% Quantitative Information about Level 3 Fair Value Measurements at December 31, 2021 Significant (dollars in thousands) Fair value Valuation Technique Unobservable Input Range Visa derivative $ (5,530) Discounted Cash Flow Expected Conversion Rate - 1.6181 (1) 1.5885-1.6181 Expected Term - 1 year (2) 0.5 to 1.5 years Growth Rate - 26% (3) 10% - 38% (1) Due to the uncertainty in the movement of the conversion rate, the current conversion rate was utilized in the fair value calculation. (2) The expected term of 1 year was based on the median of 0.5 to 1.5 years. (3) The growth rate was based on the arithmetic average of analyst price targets. Changes in Fair Value Levels For the three and six months ended June 30, 2022 and 2021, there were no transfers between fair value hierarchy levels. The changes in Level 3 liabilities measured at fair value on a recurring basis for the three and six months ended June 30, 2022 and 2021 are summarized below: Visa Derivative (dollars in 2022 2021 Three Months Ended June 30, Balance as of April 1, $ (5,794) $ (3,369) Total net gains (losses) included in other noninterest income 123 (23) Settlements 1,885 1,260 Balance as of June 30, $ (3,786) $ (2,132) Total net gains (losses) included in net income attributable to the change in unrealized gains or losses related to liabilities still held as of June 30, $ 123 $ (23) Six Months Ended June 30, Balance as of January 1, $ (5,530) $ (4,554) Total net (losses) gains included in other noninterest income (1,357) 3 Settlements 3,101 2,419 Balance as of June 30, $ (3,786) $ (2,132) Total net (losses) gains included in net income attributable to the change in unrealized gains or losses related to liabilities still held as of June 30, $ (1,357) $ 3 Assets and Liabilities Carried at Other Than Fair Value The following tables summarize for the periods indicated the estimated fair value of the Company’s financial instruments that are not required to be carried at fair value on a recurring basis, excluding leases and deposit liabilities with no defined or contractual maturity. June 30, 2022 Fair Value Measurements Quoted Prices in Significant Significant Active Markets Other Unobservable for Identical Observable Inputs (dollars in thousands) Book Value Assets (Level 1) Inputs (Level 2) (Level 3) Total Financial assets: Cash and cash equivalents $ 1,533,676 $ 279,629 $ 1,254,047 $ — $ 1,533,676 Investment securities held-to-maturity 4,093,215 — 3,910,780 — 3,910,780 Loans held for sale 180 — 182 — 182 Loans (1) 13,018,119 — — 12,587,779 12,587,779 Financial liabilities: Time deposits (2) $ 1,667,680 $ — $ 1,636,768 $ — $ 1,636,768 December 31, 2021 Fair Value Measurements Quoted Prices in Significant Significant Active Markets Other Unobservable for Identical Observable Inputs (dollars in thousands) Book Value Assets (Level 1) Inputs (Level 2) (Level 3) Total Financial assets: Cash and cash equivalents $ 1,258,469 $ 246,716 $ 1,011,753 $ — $ 1,258,469 Loans held for sale 538 — 542 — 542 Loans (1) 12,730,605 — — 12,791,811 12,791,811 Financial liabilities: Time deposits (2) $ 1,776,438 $ — $ 1,773,321 $ — $ 1,773,321 (1) Excludes financing leases of $244.7 million at June 30, 2022 and $231.4 million at December 31, 2021. (2) Excludes deposit liabilities with no defined or contractual maturity of $20.9 billion as of June 30, 2022 and $20.0 billion as of December 31, 2021. Unfunded loan and lease commitments and letters of credit are not included in the tables above. As of June 30, 2022 and December 31, 2021, the Company had $6.8 billion and $6.7 billion, respectively, of unfunded loan and lease commitments and letters of credit. The Company believes that a reasonable estimate of the fair value of these instruments is the carrying value of deferred fees plus the related reserve for unfunded commitments, which totaled $42.4 million and $44.3 million at June 30, 2022 and December 31, 2021, respectively. No active trading market exists for these instruments, and the estimated fair value does not include value associated with the borrower relationship. The Company does not estimate the fair values of certain unfunded loan and lease commitments that can be canceled by providing notice to the borrower. As Company-level data is incorporated into the fair value measurement, unfunded loan and lease commitments and letters of credit are classified as Level 3. Valuation Techniques Used in the Fair Value Measurement of Assets and Liabilities Carried at the Lower of Cost or Fair Value The Company applies the following valuation techniques to assets measured at the lower of cost or fair value: Mortgage servicing rights MSRs are carried at the lower of cost or fair value and are therefore subject to fair value measurements on a nonrecurring basis. The fair value of MSRs is determined using models which use significant unobservable inputs, such as estimates of prepayment rates, the resultant weighted average lives of the MSRs and the option-adjusted spread levels. Accordingly, the Company classifies MSRs as Level 3. Collateral-dependent loans Collateral-dependent loans are those for which repayment is expected to be provided substantially through the operation or sale of the collateral. Other real estate owned The Company values these properties at fair value at the time the Company acquires them, which establishes their new cost basis. After acquisition, the Company carries such properties at the lower of cost or fair value less estimated selling costs on a nonrecurring basis. Fair value is measured on a nonrecurring basis using collateral values as a practical expedient. The fair values of collateral for other real estate owned are primarily based on real estate appraisal reports prepared by third-party appraisers less disposition costs, and are classified as Level 3. Assets and Liabilities Recorded at Fair Value on a Nonrecurring Basis The Company may be required to record certain assets at fair value on a nonrecurring basis in accordance with GAAP. These assets are subject to fair value adjustments that result from the application of lower of cost or fair value accounting or write-downs of individual assets to fair value. There were no assets with nonrecurring fair value adjustments held as of June 30, 2022 and December 31, 2021. Additionally, there were no nonrecurring fair value adjustments for both the three and six months ended June 30, 2022 and 2021.

Reportable Operating Segments

Reportable Operating Segments	6 Months Ended
Reportable Operating Segments	Jun. 30, 2022
Reportable Operating Segments
Reportable Operating Segments	16. Reportable Operating Segments The Company’s operations are organized into three business segments – Retail Banking, Commercial Banking, and Treasury and Other. These segments reflect how discrete financial information is currently evaluated by the chief operating decision maker and how performance is assessed and resources allocated. The Company’s internal management process measures the performance of these business segments. This process, which is not necessarily comparable with similar information for any other financial institution, uses various techniques to assign balance sheet and income statement amounts to the business segments, including allocations of income, expense, the provision for credit losses, and capital. This process is dynamic and requires certain allocations based on judgment and other subjective factors. Unlike financial accounting, there is no comprehensive authoritative guidance for management accounting that is equivalent to GAAP. The net interest income of the business segments reflects the results of a funds transfer pricing process that matches assets and liabilities with similar interest rate sensitivity and maturity characteristics and reflects the allocation of net interest income related to the Company’s overall asset and liability management activities on a proportionate basis. The basis for the allocation of net interest income is a function of the Company’s assumptions that are subject to change based on changes in current interest rates and market conditions. Funds transfer pricing also serves to transfer interest rate risk to Treasury. The Company allocates the provision for credit losses from the Treasury and Other business segment (which is comprised of many of the Company’s support units) to the Retail and Commercial business segments. These allocations are based on direct costs incurred by the Retail and Commercial business segments. Noninterest income and expense includes allocations from support units to the business segments. These allocations are based on actual usage where practicably calculated or by management’s estimate of such usage. Income tax expense is allocated to each business segment based on the consolidated effective income tax rate for the period shown. Business Segments Retail Banking Retail Banking offers a broad range of financial products and services to consumers and small businesses. Loan and lease products offered include residential and commercial mortgage loans, home equity lines of credit and loans, automobile loans and leases, secured and unsecured lines of credit, installment loans and small business loans and leases. Deposit products offered include checking, savings, and time deposit accounts. Retail Banking also offers wealth management services. Products and services from Retail Banking are delivered to customers through 51 banking locations throughout the State of Hawaii, Guam, and Saipan. Commercial Banking Commercial Banking offers products that include corporate banking related products, commercial real estate loans, commercial lease financing, secured and unsecured lines of credit, automobile loans and auto dealer financing, business deposit products and credit cards. Commercial lending and deposit products are offered primarily to middle-market and large companies locally, nationally, and internationally. Treasury and Other Treasury consists of corporate asset and liability management activities including interest rate risk management. The segment’s assets and liabilities (and related interest income and expense) consist of interest-bearing deposits, investment securities, federal funds sold and purchased, government deposits, short- and long-term borrowings and bank-owned properties. The primary sources of noninterest income are from bank-owned life insurance, net gains from the sale of investment securities, foreign exchange income related to customer-driven currency requests from merchants and island visitors and management of bank-owned properties. The net residual effect of the transfer pricing of assets and liabilities is included in Treasury, along with the elimination of intercompany transactions. Other organizational units (Technology, Operations, Credit and Risk Management, Human Resources, Finance, Administration, Marketing, and Corporate and Regulatory Administration) provide a wide-range of support to the Company’s other income earning segments. Expenses incurred by these support units are charged to the business segments through an internal cost allocation process. The following tables present selected business segment financial information for the periods indicated. Treasury Retail Commercial and (dollars in Banking Banking Other Total Three Months Ended June 30, 2022 Net interest income $ 107,368 $ 36,826 $ 953 $ 145,147 Provision for credit losses (386) (614) — (1,000) Net interest income after provision for credit losses 106,982 36,212 953 144,147 Noninterest income 22,485 20,415 1,237 44,137 Noninterest expense (73,357) (26,962) (8,856) (109,175) Income (loss) before (provision) benefit for income taxes 56,110 29,665 (6,666) 79,109 (Provision) benefit for income taxes (13,896) (7,251) 1,398 (19,749) Net income (loss) $ 42,214 $ 22,414 $ (5,268) $ 59,360 Treasury Retail Commercial and (dollars in thousands) Banking Banking Other Total Six Months Ended June 30, 2022 Net interest income $ 201,416 $ 71,914 $ 5,689 $ 279,019 Benefit for credit losses 1,455 1,928 1,364 4,747 Net interest income after benefit for credit losses 202,871 73,842 7,053 283,766 Noninterest income 45,800 39,070 647 85,517 Noninterest expense (143,577) (53,467) (16,173) (213,217) Income (loss) before (provision) benefit for income taxes 105,094 59,445 (8,473) 156,066 (Provision) benefit for income taxes (26,046) (14,504) 1,563 (38,987) Net income (loss) $ 79,048 $ 44,941 $ (6,910) $ 117,079 Treasury Retail Commercial and (dollars in thousands) Banking Banking Other Total Three Months Ended June 30, 2021 Net interest income (expense) $ 97,106 $ 40,234 $ (5,859) $ 131,481 Benefit for credit losses 12,654 17,465 4,881 35,000 Net interest income (expense) after provision for credit losses 109,760 57,699 (978) 166,481 Noninterest income 22,495 19,528 7,348 49,371 Noninterest expense (62,115) (24,993) (12,280) (99,388) Income (loss) before (provision) benefit for income taxes 70,140 52,234 (5,910) 116,464 (Provision) benefit for income taxes (17,884) (13,285) 1,446 (29,723) Net income (loss) $ 52,256 $ 38,949 $ (4,464) $ 86,741 Treasury Retail Commercial and (dollars in thousands) Banking Banking Other Total Six Months Ended June 30, 2021 Net interest income (expense) $ 191,560 $ 78,500 $ (9,421) $ 260,639 Benefit for credit losses 14,124 19,495 1,381 35,000 Net interest income (expense) after provision for credit losses 205,684 97,995 (8,040) 295,639 Noninterest income 46,070 35,569 11,600 93,239 Noninterest expense (125,004) (47,471) (23,219) (195,694) Income (loss) before (provision) benefit for income taxes 126,750 86,093 (19,659) 193,184 (Provision) benefit for income taxes (32,010) (21,629) 4,889 (48,750) Net income (loss) $ 94,740 $ 64,464 $ (14,770) $ 144,434

Organization and Basis of Pre_2

Organization and Basis of Presentation (Policies)	6 Months Ended
Organization and Basis of Presentation (Policies)	Jun. 30, 2022
Organization and Basis of Presentation
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, including loans, deposit products, wealth management, insurance, trust, retirement planning, credit card and merchant processing services, to consumer and commercial customers. 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, 2021. 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	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.
Investment Securities	Investment Securities As of June 30, 2022 and December 31, 2021, investment securities were comprised primarily of debt securities, mortgage-backed securities and collateralized mortgage obligations issued by the U.S. Government, its agencies and government-sponsored enterprises, with under 4% of the investment securities comprised of collateralized loan obligations rated AA or better and obligations issued by local state and political subdivisions rated AA or better. The Company amortizes premiums and accretes discounts using the interest method over the expected lives of the individual securities. Premiums on callable debt securities are amortized to their next call date. All investment securities transactions are recorded on a trade-date basis. As of June 30, 2022, the Company’s investment securities were categorized as either available-for-sale (investment securities that may be sold before maturity at the discretion of management) or held-to-maturity (investment securities that management has the positive intent and ability to hold to maturity). As of December 31, 2021, all of the Company’s investment securities were categorized as available-for-sale. Available-for-sale investment securities are reported at fair value, with unrealized gains and losses reported in accumulated other comprehensive income. Gains and losses realized on sales of available-for-sale investment securities are determined using the specific identification method. Held-to-maturity investment securities are reported at amortized cost and may have a realized gain or loss if the investment security is retired or redeemed before the original maturity date. Transfers of debt securities from the available-for-sale category to the held-to-maturity category are made at fair value at the date of transfer. The unrealized holding gain or loss at the date of transfer remains in accumulated other comprehensive income and in the carrying value of the held-to-maturity investment security. Premiums or discounts on investment securities are amortized or accreted as an adjustment of yield using the interest method over the expected life of the security. Unrealized holding gains or losses that remain in accumulated other comprehensive income are also amortized or accreted over the expected life of the security as an adjustment of yield, offsetting the related amortization of the premium or accretion of the discount. For available-for-sale debt securities in an unrealized loss position, the Company first assesses whether it intends to sell, or it is more likely than not that it will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through income. For available-for-sale debt securities that do not meet the aforementioned criteria, the Company evaluates at the individual security level whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security is compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income. For held-to-maturity debt securities, the Company utilizes the Current Expected Credit Loss (“CECL”) approach to estimate lifetime expected credit losses. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of held-to-maturity debt securities to present the net amount expected to be collected from held-to-maturity debt securities. Changes in the allowance for credit losses, if any, are recorded as a provision for (or reversal of) credit losses. Losses are charged against the allowance when management believes the uncollectibility of an available-for-sale or held-to-maturity investment security is confirmed or when either of the criteria regarding intent or requirement to sell an available-for-sale investment security is met. Expected recoveries do not exceed the aggregate of amounts previously charged-off and expected to be charged-off. As of June 30, 2022, the Company’s available-for-sale and held-to-maturity investment securities were comprised primarily of debt, mortgage-backed securities and collateralized mortgage obligations 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. Under 4% of the investment securities were comprised of collateralized loan obligations rated AA or better and obligations issued by local state and political subdivisions rated AA or better. 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 June 30, 2022. Similarly, for the same reasons noted above, the Company did not record an allowance for credit losses for its available-for-sale debt securities as of December 31, 2021. Accrued interest receivable related to available-for-sale and held-to-maturity investment securities are recorded separately from the amortized cost basis of investment securities on the Company’s unaudited interim consolidated balance sheets.
Accounting Standards Adopted in 2022 and Recent Accounting Pronouncements	Accounting Standards Adopted in 2022 In July 2021, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2021-05, Leases (Topic 842), Lessors – Certain Leases with Variable Lease Payments. Recent Accounting Pronouncements The following ASUs have been issued by the FASB and are applicable to the Company in future reporting periods. In March 2022, the FASB issued ASU No. 2022-01, Derivatives and Hedging (Topic 815), Fair Value Hedging – Portfolio Layer Method. In March 2022, the FASB issued ASU No. 2022-02, Financial Instruments – Credit Losses (Topic 326), Troubled Debt Restructurings and Vintage Disclosures

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
Investment Securities (Tables)	Jun. 30, 2022
Investment Securities
Schedule of amortized cost and fair value of securities	June 30, 2022 December 31, 2021 Amortized Unrealized Unrealized Fair Amortized Unrealized Unrealized Fair (dollars in thousands) Cost Gains Losses Value Cost Gains Losses Value U.S. Treasury and government agency debt securities $ 168,129 $ — $ (8,964) $ 159,165 $ 196,662 $ 125 $ (4,224) $ 192,563 Government-sponsored enterprises debt securities 20,000 — (37) 19,963 — — — — Mortgage-backed securities: Residential - Government agency 72,027 — (4,069) 67,958 135,764 1,791 (291) 137,264 Residential - Government-sponsored enterprises 1,444,461 24 (111,470) 1,333,015 1,496,605 6,914 (12,419) 1,491,100 Commercial - Government agency 297,271 — (29,614) 267,657 392,443 1,741 (6,521) 387,663 Commercial - Government-sponsored enterprises 147,160 918 (6,242) 141,836 1,415,511 2,646 (48,714) 1,369,443 Commercial - Non-agency 21,957 — (407) 21,550 — — — — Collateralized mortgage obligations: Government agency 1,102,277 — (76,938) 1,025,339 2,103,187 7,768 (31,432) 2,079,523 Government-sponsored enterprises 744,622 — (60,062) 684,560 2,671,131 3,608 (53,695) 2,621,044 Collateralized loan obligations 249,905 45 (3,247) 246,703 105,245 2 — 105,247 Debt securities issued by states and political subdivisions — — — — 44,185 — — 44,185 Total available-for-sale securities $ 4,267,809 $ 987 $ (301,050) $ 3,967,746 $ 8,560,733 $ 24,595 $ (157,296) $ 8,428,032 Government agency debt securities $ 55,148 $ — $ (2,405) $ 52,743 $ — $ — $ — $ — Mortgage-backed securities: Residential - Government agency 47,309 — (3,031) 44,278 — — — — Residential - Government-sponsored enterprises 93,458 — (6,117) 87,341 — — — — Commercial - Government agency 30,497 — (2,685) 27,812 — — — — Commercial - Government-sponsored enterprises 1,173,398 — (63,627) 1,109,771 — — — — Collateralized mortgage obligations: Government agency 879,010 — (31,243) 847,767 — — — — Government-sponsored enterprises 1,760,755 — (69,483) 1,691,272 — — — — Debt securities issued by states and political subdivisions 53,640 — (3,844) 49,796 — — — — Total held-to-maturity securities $ 4,093,215 $ — $ (182,435) $ 3,910,780 $ — $ — $ — $ —
Schedule of amortized cost and fair value of debt securities by contractual maturity	June 30, 2022 Amortized Fair (dollars in thousands) Cost Value Due in one year or less $ 30,106 $ 29,762 Due after one year through five years 79,915 77,983 Due after five years through ten years 177,556 170,656 Due after ten years 172,414 168,980 459,991 447,381 Mortgage-backed securities: Residential - Government agency 72,027 67,958 Residential - Government-sponsored enterprises 1,444,461 1,333,015 Commercial - Government agency 297,271 267,657 Commercial - Government-sponsored enterprises 147,160 141,836 Total mortgage-backed securities 1,960,919 1,810,466 Collateralized mortgage obligations: Government agency 1,102,277 1,025,339 Government-sponsored enterprises 744,622 684,560 Total collateralized mortgage obligations 1,846,899 1,709,899 Total available-for-sale securities $ 4,267,809 $ 3,967,746 Due in one year or less $ — $ — Due after one year through five years — — Due after five years through ten years — — Due after ten years 108,788 102,539 108,788 102,539 Mortgage-backed securities: Residential - Government agency 47,309 44,278 Residential - Government-sponsored enterprises 93,458 87,341 Commercial - Government agency 30,497 27,812 Commercial - Government-sponsored enterprises 1,173,398 1,109,771 Total mortgage-backed securities 1,344,662 1,269,202 Collateralized mortgage obligations: Government agency 879,010 847,767 Government-sponsored enterprises 1,760,755 1,691,272 Total collateralized mortgage obligations 2,639,765 2,539,039 Total held-to-maturity securities $ 4,093,215 $ 3,910,780
Schedule of gross unrealized losses and fair values of securities in a continuous loss position	Time in Continuous Loss as of June 30, 2022 Less Than 12 Months 12 Months or More Total Unrealized Unrealized Unrealized (dollars in thousands) Losses Fair Value Losses Fair Value Losses Fair Value U.S. Treasury and government agency debt securities $ (2,239) $ 87,782 $ (6,725) $ 71,383 $ (8,964) $ 159,165 Government-sponsored enterprises debt securities (37) 19,964 — — (37) 19,964 Mortgage-backed securities: Residential - Government agency (4,069) 67,958 — — (4,069) 67,958 Residential - Government-sponsored enterprises (110,301) 1,303,823 (1,169) 9,196 (111,470) 1,313,019 Commercial - Government agency (12,813) 150,595 (16,801) 116,854 (29,614) 267,449 Commercial - Government-sponsored enterprises (4,482) 77,564 (1,760) 18,478 (6,242) 96,042 Commercial - Non-agency (407) 21,550 — — (407) 21,550 Collateralized mortgage obligations: Government agency (74,997) 988,818 (1,941) 16,549 (76,938) 1,005,367 Government-sponsored enterprises (41,157) 517,636 (18,905) 166,924 (60,062) 684,560 Collateralized loan obligations: (3,247) 170,425 — — (3,247) 170,425 Total available-for-sale securities with unrealized losses $ (253,749) $ 3,406,115 $ (47,301) $ 399,384 $ (301,050) $ 3,805,499 Time in Continuous Loss as of December 31, 2021 Less Than 12 Months 12 Months or More Total Unrealized Unrealized Unrealized (dollars in thousands) Losses Fair Value Losses Fair Value Losses Fair Value U.S. Treasury and government agency debt securities $ (3,355) $ 134,468 $ (869) $ 16,642 $ (4,224) $ 151,110 Mortgage-backed securities: Residential - Government agency (291) 51,231 — — (291) 51,231 Residential - Government-sponsored enterprises (10,876) 1,230,104 (1,543) 32,415 (12,419) 1,262,519 Commercial - Government agency (5,239) 186,024 (1,282) 26,063 (6,521) 212,087 Commercial - Government-sponsored enterprises (22,179) 744,819 (26,535) 397,123 (48,714) 1,141,942 Collateralized mortgage obligations: Government agency (31,432) 1,441,848 — — (31,432) 1,441,848 Government-sponsored enterprises (52,551) 2,255,535 (1,144) 24,959 (53,695) 2,280,494 Total available-for-sale securities with unrealized losses $ (125,923) $ 6,044,029 $ (31,373) $ 497,202 $ (157,296) $ 6,541,231

Loans and Leases (Tables)

Loans and Leases (Tables)	6 Months Ended
Loans and Leases (Tables)	Jun. 30, 2022
Loans and Leases.
Schedule of components of loans and leases	June 30, December 31, (dollars in thousands) 2022 2021 Commercial and industrial $ 1,942,132 $ 2,087,099 Commercial real estate 3,956,828 3,639,623 Construction 727,771 813,969 Residential: Residential mortgage 4,212,768 4,083,367 Home equity line 971,569 876,608 Total residential 5,184,337 4,959,975 Consumer 1,207,051 1,229,939 Lease financing 244,662 231,394 Total loans and leases $ 13,262,781 $ 12,961,999

Allowance for Credit Losses (Ta

Allowance for Credit Losses (Tables)	6 Months Ended
Allowance for Credit Losses (Tables)	Jun. 30, 2022
Allowance for Credit Losses
Schedule of activity in the allowance by class of loans and lease	Three Months Ended June 30, 2022 Commercial Lending Residential Lending Commercial 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 $ 19,160 $ 45,238 $ 8,908 $ 1,362 $ 30,888 $ 5,084 $ 39,640 $ 150,280 Charge-offs (243) — — — — (1,120) (3,659) (5,022) Recoveries 301 — — 60 192 191 1,940 2,684 Provision (3,294) (512) (3,541) (24) 2,555 579 5,237 1,000 Balance at end of period $ 15,924 $ 44,726 $ 5,367 $ 1,398 $ 33,635 $ 4,734 $ 43,158 $ 148,942 Six Months Ended June 30, 2022 Commercial Lending Residential Lending Commercial 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 $ 20,080 $ 42,951 $ 9,773 $ 1,659 $ 34,364 $ 5,642 $ 42,793 $ 157,262 Charge-offs (949) — — — — (1,163) (7,768) (9,880) Recoveries 354 14 — 60 208 219 4,088 4,943 Provision (3,561) 1,761 (4,406) (321) (937) 36 4,045 (3,383) Balance at end of period $ 15,924 $ 44,726 $ 5,367 $ 1,398 $ 33,635 $ 4,734 $ 43,158 $ 148,942 Three Months Ended June 30, 2021 Commercial Lending Residential Lending Commercial 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 $ 27,322 $ 51,691 $ 10,552 $ 3,197 $ 38,471 $ 6,668 $ 62,465 $ 200,366 Charge-offs (330) — — — — — (3,917) (4,247) Recoveries 287 12 — — 14 38 2,797 3,148 Provision (4,216) (4,670) (400) (130) (4,277) (456) (15,970) (30,119) Balance at end of period $ 23,063 $ 47,033 $ 10,152 $ 3,067 $ 34,208 $ 6,250 $ 45,375 $ 169,148 Six Months Ended June 30, 2021 Commercial Lending Residential Lending Commercial 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 year $ 24,711 $ 58,123 $ 10,039 $ 3,298 $ 40,461 $ 7,163 $ 64,659 $ 208,454 Charge-offs (1,293) (66) — — (98) — (10,458) (11,915) Recoveries 502 15 166 — 31 62 5,452 6,228 Provision (857) (11,039) (53) (231) (6,186) (975) (14,278) (33,619) Balance at end of period $ 23,063 $ 47,033 $ 10,152 $ 3,067 $ 34,208 $ 6,250 $ 45,375 $ 169,148
Schedule of activity in the Liability for Credit Losses for Off-Balance-Sheet Financial Instruments	Three Months Ended June 30, 2022 Commercial Lending Residential Lending Commercial Commercial Home and Real Lease Residential Equity (dollars in thousands) Industrial Estate Construction Financing Mortgage Line Consumer Total Reserve for unfunded commitments: Balance at beginning of period $ 9,308 $ 1,789 $ 8,046 $ — $ 3 $ 9,766 $ 46 $ 28,958 Provision (1,668) 1,961 (1,962) — 29 1,657 (17) — Balance at end of period $ 7,640 $ 3,750 $ 6,084 $ — $ 32 $ 11,423 $ 29 $ 28,958 Six Months Ended June 30, 2022 Commercial Lending Residential Lending Commercial Commercial Home and Real Lease Residential Equity (dollars in thousands) Industrial Estate Construction Financing Mortgage Line Consumer Total Reserve for unfunded commitments: Balance at beginning of period $ 8,615 $ 2,114 $ 8,963 $ — $ 15 $ 10,546 $ 69 $ 30,322 Provision (975) 1,636 (2,879) — 17 877 (40) (1,364) Balance at end of period $ 7,640 $ 3,750 $ 6,084 $ — $ 32 $ 11,423 $ 29 $ 28,958 Three Months Ended June 30, 2021 Commercial Lending Residential Lending Commercial Commercial Home and Real Lease Residential Equity (dollars in thousands) Industrial Estate Construction Financing Mortgage Line Consumer Total Reserve for unfunded commitments: Balance at beginning of period $ 16,129 $ 1,112 $ 8,313 $ — $ — $ 8,500 $ 49 $ 34,103 Provision (3,321) (134) (440) — — (979) (7) (4,881) Balance at end of period $ 12,808 $ 978 $ 7,873 $ — $ — $ 7,521 $ 42 $ 29,222 Six Months Ended June 30, 2021 Commercial Lending Residential Lending Commercial Commercial Home and Real Lease Residential Equity (dollars in thousands) Industrial Estate Construction Financing Mortgage Line Consumer Total Reserve for unfunded commitments: Balance at beginning of period $ 11,719 $ 1,328 $ 9,037 $ — $ 2 $ 8,452 $ 65 $ 30,603 Provision 1,089 (350) (1,164) — (2) (931) (23) (1,381) Balance at end of period $ 12,808 $ 978 $ 7,873 $ — $ — $ 7,521 $ 42 $ 29,222
Schedule of amortized cost basis by year of origination and credit quality indicator	The amortized cost basis by year of origination and credit quality indicator of the Company’s loans and leases as of June 30, 2022 was as follows: Revolving Loans Converted Term Loans Revolving to Term Amortized Cost Basis by Origination Year Loans Loans Amortized Amortized (dollars in thousands) 2022 2021 2020 2019 2018 Prior Cost Basis Cost Basis Total Commercial Lending Commercial and Industrial Risk rating: Pass $ 216,303 $ 421,981 $ 66,601 $ 182,175 $ 60,586 $ 156,647 $ 697,256 $ 19,128 $ 1,820,677 Special Mention 2,816 316 1,628 2,822 748 5,295 1,073 841 15,539 Substandard — 320 1,103 1,605 1,019 879 16,214 114 21,254 Other (1) 12,807 9,613 11,531 5,366 3,075 1,576 40,694 — 84,662 Total Commercial and Industrial 231,926 432,230 80,863 191,968 65,428 164,397 755,237 20,083 1,942,132 Commercial Real Estate Risk rating: Pass 516,062 695,446 338,391 516,210 459,372 1,270,438 84,174 — 3,880,093 Special Mention — — 562 47,781 — 11,140 695 — 60,178 Substandard — — 180 — 1,742 14,476 3 — 16,401 Other (1) — — — — — 156 — — 156 Total Commercial Real Estate 516,062 695,446 339,133 563,991 461,114 1,296,210 84,872 — 3,956,828 Construction Risk rating: Pass 39,575 193,588 127,677 85,471 115,881 88,509 14,965 — 665,666 Special Mention — — — 236 — 350 — — 586 Substandard — — — — 351 498 — — 849 Other (1) 13,228 29,529 6,049 2,849 3,913 4,151 951 — 60,670 Total Construction 52,803 223,117 133,726 88,556 120,145 93,508 15,916 — 727,771 Lease Financing Risk rating: Pass 41,656 26,813 49,889 43,989 7,801 68,457 — — 238,605 Special Mention — 457 2,642 1,358 11 17 — — 4,485 Substandard — — 195 16 14 1,347 — — 1,572 Total Lease Financing 41,656 27,270 52,726 45,363 7,826 69,821 — — 244,662 Total Commercial Lending $ 842,447 $ 1,378,063 $ 606,448 $ 889,878 $ 654,513 $ 1,623,936 $ 856,025 $ 20,083 $ 6,871,393 (continued) Revolving Loans Converted Term Loans Revolving to Term Amortized Cost Basis by Origination Year Loans Loans (continued) Amortized Amortized (dollars in thousands) 2022 2021 2020 2019 2018 Prior Cost Basis Cost Basis Total Residential Lending Residential Mortgage FICO: 740 and greater $ 352,342 $ 1,069,214 $ 587,478 $ 252,428 $ 178,752 $ 974,057 $ — $ — $ 3,414,271 680 - 739 46,224 124,306 79,422 45,117 21,882 144,226 — — 461,177 620 - 679 5,305 19,143 14,291 5,405 3,892 38,470 — — 86,506 550 - 619 169 1,943 294 226 2,073 8,017 — — 12,722 Less than 550 2,085 1,242 60 — 340 4,656 — — 8,383 No Score (3) 10,652 14,868 7,544 13,471 16,488 54,373 — — 117,396 Other (2) 20,365 19,445 15,580 9,552 9,757 31,304 4,999 1,311 112,313 Total Residential Mortgage 437,142 1,250,161 704,669 326,199 233,184 1,255,103 4,999 1,311 4,212,768 Home Equity Line FICO: 740 and greater — — — — — — 748,148 2,227 750,375 680 - 739 — — — — — — 157,042 3,106 160,148 620 - 679 — — — — — — 40,070 2,454 42,524 550 - 619 — — — — — — 9,202 1,601 10,803 Less than 550 — — — — — — 1,159 491 1,650 No Score (3) — — — — — — 6,069 — 6,069 Total Home Equity Line — — — — — — 961,690 9,879 971,569 Total Residential Lending 437,142 1,250,161 704,669 326,199 233,184 1,255,103 966,689 11,190 5,184,337 Consumer Lending FICO: 740 and greater 115,911 132,565 66,828 59,155 38,001 17,426 117,266 203 547,355 680 - 739 53,590 80,240 45,783 41,393 23,562 13,947 67,636 566 326,717 620 - 679 11,760 35,430 17,746 22,180 13,928 11,374 30,079 1,018 143,515 550 - 619 1,000 6,548 6,576 10,400 7,652 6,801 10,044 1,026 50,047 Less than 550 379 1,758 2,973 5,022 2,547 2,525 3,047 483 18,734 No Score (3) 1,087 402 9 52 31 45 37,536 303 39,465 Other (2) 1,675 4,218 358 1,674 — 2,152 71,141 — 81,218 Total Consumer Lending 185,402 261,161 140,273 139,876 85,721 54,270 336,749 3,599 1,207,051 Total Loans and Leases $ 1,464,991 $ 2,889,385 $ 1,451,390 $ 1,355,953 $ 973,418 $ 2,933,309 $ 2,159,463 $ 34,872 $ 13,262,781 (1) Other credit quality indicators used for monitoring purposes are primarily FICO scores. The majority of the loans in this population were originated to borrowers with a prime FICO score. (2) Other credit quality indicators used for monitoring purposes are primarily internal risk ratings. The majority of the loans in this population were graded with a “Pass” rating. (3) No FICO scores are primarily related to loans and leases extended to non-residents. Loans and leases of this nature are primarily secured by collateral and/or are closely monitored for performance. The amortized cost basis by year of origination and credit quality indicator of the Company’s loans and leases as of December 31, 2021 was as follows: Revolving Loans Converted Term Loans Revolving to Term Amortized Cost Basis by Origination Year Loans Loans Amortized Amortized (dollars in thousands) 2021 2020 2019 2018 2017 Prior Cost Basis Cost Basis Total Commercial Lending Commercial and Industrial Risk rating: Pass $ 623,098 $ 129,665 $ 223,388 $ 88,409 $ 29,380 $ 168,591 $ 644,947 $ 40,193 $ 1,947,671 Special Mention 397 4,382 4,213 12,552 974 5,313 4,804 986 33,621 Substandard 354 1,380 1,951 1,285 60 3,551 17,893 1,043 27,517 Other (1) 13,277 7,070 7,741 4,453 1,995 370 43,384 — 78,290 Total Commercial and Industrial 637,126 142,497 237,293 106,699 32,409 177,825 711,028 42,222 2,087,099 Commercial Real Estate Risk rating: Pass 693,370 338,140 533,887 487,739 415,186 940,732 78,479 14,891 3,502,424 Special Mention — — 48,499 7,470 25,513 30,255 7,600 — 119,337 Substandard — — — 1,776 164 15,303 459 — 17,702 Other (1) — — — — — 160 — — 160 Total Commercial Real Estate 693,370 338,140 582,386 496,985 440,863 986,450 86,538 14,891 3,639,623 Construction Risk rating: Pass 154,558 107,767 210,314 155,311 62,770 48,021 22,859 — 761,600 Special Mention — — 244 707 — 356 — — 1,307 Substandard — — — 363 — 839 — — 1,202 Other (1) 26,835 8,875 4,317 4,308 2,684 2,048 793 — 49,860 Total Construction 181,393 116,642 214,875 160,689 65,454 51,264 23,652 — 813,969 Lease Financing Risk rating: Pass 33,980 60,650 48,236 9,449 15,009 57,130 — — 224,454 Special Mention 501 2,702 1,506 311 153 — — — 5,173 Substandard — 270 140 16 871 470 — — 1,767 Total Lease Financing 34,481 63,622 49,882 9,776 16,033 57,600 — — 231,394 Total Commercial Lending $ 1,546,370 $ 660,901 $ 1,084,436 $ 774,149 $ 554,759 $ 1,273,139 $ 821,218 $ 57,113 $ 6,772,085 (continued) Revolving Loans Converted Term Loans Revolving to Term Amortized Cost Basis by Origination Year Loans Loans (continued) Amortized Amortized (dollars in thousands) 2021 2020 2019 2018 2017 Prior Cost Basis Cost Basis Total Residential Lending Residential Mortgage FICO: 740 and greater $ 1,101,958 $ 635,061 $ 286,993 $ 198,622 $ 251,906 $ 829,175 $ — $ — $ 3,303,715 680 - 739 140,997 81,590 45,163 27,315 32,855 125,906 — — 453,826 620 - 679 15,781 11,943 5,268 10,149 9,069 37,404 — — 89,614 550 - 619 1,735 873 698 533 2,033 7,475 — — 13,347 Less than 550 — — — 345 2,603 2,838 — — 5,786 No Score (3) 18,882 7,938 15,051 18,107 17,333 42,185 — — 119,496 Other (2) 25,625 16,263 10,242 11,297 16,242 17,152 44 718 97,583 Total Residential Mortgage 1,304,978 753,668 363,415 266,368 332,041 1,062,135 44 718 4,083,367 Home Equity Line FICO: 740 and greater — — — — — — 671,566 1,873 673,439 680 - 739 — — — — — — 141,889 3,968 145,857 620 - 679 — — — — — — 37,815 2,500 40,315 550 - 619 — — — — — — 9,090 948 10,038 Less than 550 — — — — — — 2,574 68 2,642 No Score (3) — — — — — — 4,317 — 4,317 Total Home Equity Line — — — — — — 867,251 9,357 876,608 Total Residential Lending 1,304,978 753,668 363,415 266,368 332,041 1,062,135 867,295 10,075 4,959,975 Consumer Lending FICO: 740 and greater 155,929 83,337 79,617 56,707 24,525 8,067 117,843 209 526,234 680 - 739 93,214 56,327 55,126 34,049 17,527 6,315 69,366 707 332,631 620 - 679 41,671 21,986 28,491 19,403 12,952 5,324 31,165 1,175 162,167 550 - 619 7,836 8,265 13,265 10,497 7,469 3,244 10,359 1,089 62,024 Less than 550 2,272 3,867 6,646 3,484 2,739 1,175 3,195 536 23,914 No Score (3) 481 19 56 40 65 2 35,414 320 36,397 Other (2) 4,737 365 1,712 17 2,182 31 77,528 — 86,572 Total Consumer Lending 306,140 174,166 184,913 124,197 67,459 24,158 344,870 4,036 1,229,939 Total Loans and Leases $ 3,157,488 $ 1,588,735 $ 1,632,764 $ 1,164,714 $ 954,259 $ 2,359,432 $ 2,033,383 $ 71,224 $ 12,961,999 (1) Other credit quality indicators used for monitoring purposes are primarily FICO scores. The majority of the loans in this population were originated to borrowers with a prime FICO score. (2) Other credit quality indicators used for monitoring purposes are primarily internal risk ratings. The majority of the loans in this population were graded with a “Pass” rating. (3) No FICO scores are primarily related to loans and leases extended to non-residents. Loans and leases of this nature are primarily secured by collateral and/or are closely monitored for performance.
Schedule of revolving loans that were converted to term loans	Three Months Ended (dollars in thousands) June 30, 2022 Commercial and industrial $ 277 Home equity line 1,057 Consumer 336 Total Revolving Loans Converted to Term Loans During the Period $ 1,670 Six Months Ended (dollars in thousands) June 30, 2022 Commercial and industrial $ 480 Home equity line 2,072 Consumer 690 Total Revolving Loans Converted to Term Loans During the Period $ 3,242 Three Months Ended (dollars in thousands) June 30, 2021 Commercial and industrial $ 30 Home equity line 538 Consumer 443 Total Revolving Loans Converted to Term Loans During the Period $ 1,011 Six Months Ended (dollars in thousands) June 30, 2021 Commercial and industrial $ 259 Home equity line 1,617 Consumer 936 Total Revolving Loans Converted to Term Loans During the Period $ 2,812
Schedule of aging analyses of past due loans and leases	June 30, 2022 Past Due Loans and Greater Leases Past Than or Due 90 Days 30-59 60-89 Equal to or More and Days Days 90 Days Total Total Loans Still Accruing (dollars in thousands) Past Due Past Due Past Due Past Due Current and Leases Interest Commercial and industrial $ 4,848 $ 630 $ 2,798 $ 8,276 $ 1,933,856 $ 1,942,132 $ 2,230 Commercial real estate 5,101 — 903 6,004 3,950,824 3,956,828 176 Construction 93 — 352 445 727,326 727,771 352 Lease financing — — — — 244,662 244,662 — Residential mortgage 4,445 2,090 3,955 10,490 4,202,278 4,212,768 750 Home equity line 8,627 551 1,039 10,217 961,352 971,569 1,039 Consumer 24,744 3,544 1,218 29,506 1,177,545 1,207,051 1,218 Total $ 47,858 $ 6,815 $ 10,265 $ 64,938 $ 13,197,843 $ 13,262,781 $ 5,765 December 31, 2021 Past Due Loans and Greater Leases Past Than or Due 90 Days 30-59 60-89 Equal to or More and Days Days 90 Days Total Total Loans Still Accruing (dollars in thousands) Past Due Past Due Past Due Past Due Current and Leases Interest Commercial and industrial $ 1,195 $ 1,195 $ 1,318 $ 3,708 $ 2,083,391 $ 2,087,099 $ 740 Commercial real estate 631 — — 631 3,638,992 3,639,623 — Construction 162 — — 162 813,807 813,969 — Lease financing — — — — 231,394 231,394 — Residential mortgage 3,030 1,002 5,617 9,649 4,073,718 4,083,367 987 Home equity line 1,538 538 3,681 5,757 870,851 876,608 3,681 Consumer 16,534 3,366 1,800 21,700 1,208,239 1,229,939 1,800 Total $ 23,090 $ 6,101 $ 12,416 $ 41,607 $ 12,920,392 $ 12,961,999 $ 7,208
Schedule of amortized cost basis of loans and leases on nonaccrual status	June 30, 2022 Nonaccrual Loans and Leases With No Nonaccrual Allowance Loans (dollars in thousands) for Credit Losses and Leases Commercial and industrial $ — $ 682 Commercial real estate 727 727 Residential mortgage 2,153 6,450 Total Nonaccrual Loans and Leases $ 2,880 $ 7,859 December 31, 2021 Nonaccrual Loans and Leases With No Nonaccrual Allowance Loans (dollars in thousands) for Credit Losses and Leases Commercial and industrial $ — $ 718 Commercial real estate 727 727 Residential mortgage 1,192 5,637 Total Nonaccrual Loans and Leases $ 1,919 $ 7,082
Schedule of information related to loans modified in a TDR	Three Months Ended Six Months Ended June 30, 2022 June 30, 2022 Number of Recorded Related Number of Recorded Related (dollars in thousands) Contracts (1) Investment (2) ACL Contracts (1) Investment (2) ACL Residential mortgage 1 $ 260 $ 34 1 $ 260 $ 34 Consumer 66 514 143 201 2,107 346 Total 67 $ 774 $ 177 202 $ 2,367 $ 380 Three Months Ended Six Months Ended June 30, 2021 June 30, 2021 Number of Recorded Related Number of Recorded Related (dollars in thousands) Contracts (1) Investment (2) ACL Contracts (1) Investment (2) ACL Commercial and industrial 1 $ 246 $ 13 15 $ 2,545 $ 170 Commercial real estate 1 382 98 1 382 98 Construction — — — 2 708 86 Residential mortgage 3 751 143 13 5,629 240 Consumer 186 1,797 407 1,728 15,868 2,274 Total 191 $ 3,176 $ 661 1,759 $ 25,132 $ 2,868 (1) The number of contracts does not include TDRs that have been fully paid off, charged off, or foreclosed upon by the end of the period. (2) The recorded investment balances reflect all partial paydowns and charge-offs since the modification date and do not include TDRs that have been fully paid off, charged off, or foreclosed upon by the end of the period.
Schedule of TDRs that defaulted in period within 12 months of their permanent modification date	Three Months Ended Six Months Ended Three Months Ended Six Months Ended June 30, 2022 June 30, 2022 June 30, 2021 June 30, 2021 Number of Recorded Number of Recorded Number of Recorded Number of Recorded (dollars in Contracts (1) Investment (2) Contracts (1) Investment (2) Contracts (1) Investment (2) Contracts (1) Investment (2) Commercial and industrial 2 $ 541 3 $ 655 — $ — 2 $ 387 Construction — — — — — — 1 361 Residential mortgage — — — — 1 371 1 371 Consumer 151 2,197 229 3,250 135 1,944 158 2,260 Total 153 $ 2,738 232 $ 3,905 136 $ 2,315 162 $ 3,379 (1) The number of contracts does not include TDRs that have been fully paid off, charged off, or foreclosed upon by the end of the period. (2) The recorded investment balances reflect all partial paydowns and charge-offs since the modification date and do not include TDRs that have been fully paid off, charged off, or foreclosed upon by the end of the period.

Mortgage Servicing Rights (Tabl

Mortgage Servicing Rights (Tables)	6 Months Ended
Mortgage Servicing Rights (Tables)	Jun. 30, 2022
Mortgage Servicing Rights
Schedule of estimated future amortization expense for MSRs	Estimated (dollars in thousands) Amortization Under one year $ 1,075 One to two years 942 Two to three years 826 Three to four years 722 Four to five years 632
Schedule of details of the Company's MSRs	June 30, December 31, (dollars in thousands) 2022 2021 Gross carrying amount $ 69,207 $ 69,103 Less: accumulated amortization 62,055 60,801 Net carrying value $ 7,152 $ 8,302
Schedule of changes in amortized MSRs	Three Months Ended June 30, Six Months Ended June 30, (dollars in thousands) 2022 2021 2022 2021 Balance at beginning of period $ 7,650 $ 10,869 $ 8,302 $ 10,731 Originations 20 421 105 1,105 Amortization (518) (1,283) (1,255) (1,829) Balance at end of period $ 7,152 $ 10,007 $ 7,152 $ 10,007 Fair value of amortized MSRs at beginning of period $ 13,585 $ 14,921 $ 12,243 $ 14,029 Fair value of amortized MSRs at end of period $ 14,969 $ 13,480 $ 14,969 $ 13,480
Schedule of quantitative assumptions used in determining lower of cost or fair value of MSRs	June 30, 2022 December 31, 2021 Weighted Weighted Range Average Range Average Conditional prepayment rate 8.09 % - 25.35 % 8.45 % 13.77 % - 25.19 % 14.61 % Life in years (of the MSR) 2.39 - 7.11 6.87 1.99 - 5.31 5.03 Weighted-average coupon rate 3.55 % - 6.37 % 3.68 % 3.58 % - 6.56 % 3.71 % Discount rate 10.00 % - 10.01 % 10.00 % 10.00 % - 10.01 % 10.00 %

Transfers of Financial Assets (

Transfers of Financial Assets (Tables)	6 Months Ended
Transfers of Financial Assets (Tables)	Jun. 30, 2022
Transfers of Financial Assets
Schedule of carrying amounts of assets pledged as collateral	(dollars in thousands) June 30, 2022 December 31, 2021 Public deposits $ 2,402,529 $ 1,913,369 Federal Home Loan Bank 2,161,017 2,380,042 Federal Reserve Bank 1,711,775 1,724,279 ACH transactions 118,408 115,038 Interest rate swaps 29,762 48,430 Total $ 6,423,491 $ 6,181,158

Deposits (Tables)

Deposits (Tables)	6 Months Ended
Deposits (Tables)	Jun. 30, 2022
Deposits
Schedule of deposits by category	(dollars in thousands) June 30, 2022 December 31, 2021 U.S.: Interest-bearing $ 12,115,934 $ 11,553,298 Noninterest-bearing 8,667,756 8,498,187 Foreign: Interest-bearing 874,637 868,985 Noninterest-bearing 943,127 895,676 Total deposits $ 22,601,454 $ 21,816,146
Schedule of maturity distribution of time certificates of deposit	The following table presents the maturity distribution of time certificates of deposit as of June 30, 2022: Under $250,000 (dollars in thousands) $250,000 or More Total Three months or less $ 171,772 $ 180,025 $ 351,797 Over three through six months 182,045 199,301 381,346 Over six through twelve months 361,888 293,603 655,491 One to two years 89,003 21,527 110,530 Two to three years 49,814 11,053 60,867 Three to four years 43,595 17,297 60,892 Four to five years 38,887 6,754 45,641 Thereafter 416 700 1,116 Total $ 937,420 $ 730,260 $ 1,667,680

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
Accumulated Other Comprehensive Loss (Tables)	Jun. 30, 2022
Accumulated Other Comprehensive Loss
Schedule of changes in accumulated other comprehensive income (loss)	Income Tax Pre-tax Benefit Net of (dollars in Amount (Expense) Tax Accumulated other comprehensive loss at March 31, 2022 $ (705,768) $ 188,266 $ (517,502) Three months ended June 30, 2022 Investment securities: Unrealized net losses arising during the period (91,352) 24,369 (66,983) Reclassification of net losses to net income: Amortization of unrealized holding losses on held-to-maturity securities 19,929 (5,317) 14,612 Net change in investment securities (71,423) 19,052 (52,371) Cash flow derivative hedges: Unrealized net losses arising during the period (1,523) 407 (1,116) Reclassification of net gains included in net income (638) 170 (468) Net change in cash flow derivative hedges (2,161) 577 (1,584) Other comprehensive loss (73,584) 19,629 (53,955) Accumulated other comprehensive loss at June 30, 2022 $ (779,352) $ 207,895 $ (571,457) Income Tax Pre-tax Benefit Net of (dollars in thousands) Amount (Expense) Tax Accumulated other comprehensive loss at December 31, 2021 $ (165,967) $ 44,274 $ (121,693) Six months ended June 30, 2022 Investment securities: Unrealized net losses arising during the period (629,437) 167,903 (461,534) Reclassification of net losses to net income: Amortization of unrealized holding losses on held-to-maturity securities 19,929 (5,317) 14,612 Net change in investment securities (609,508) 162,586 (446,922) Cash flow derivative hedges: Unrealized net losses arising during the period (3,239) 865 (2,374) Reclassification of net gains included in net income (638) 170 (468) Net change in cash flow derivative hedges (3,877) 1,035 (2,842) Other comprehensive loss (613,385) 163,621 (449,764) Accumulated other comprehensive loss at June 30, 2022 $ (779,352) $ 207,895 $ (571,457) Income Tax Pre-tax Benefit Net of (dollars in thousands) Amount (Expense) Tax Accumulated other comprehensive loss at March 31, 2021 $ (59,238) $ 15,803 $ (43,435) Three months ended June 30, 2021 Investment securities: Unrealized net gains arising during the period 18,831 (5,023) 13,808 Reclassification of net gains to net income: Investment securities gains, net (102) 27 (75) Net change in investment securities 18,729 (4,996) 13,733 Other comprehensive income 18,729 (4,996) 13,733 Accumulated other comprehensive loss at June 30, 2021 $ (40,509) $ 10,807 $ (29,702) Income Tax Pre-tax Benefit Net of (dollars in thousands) Amount (Expense) Tax Accumulated other comprehensive income at December 31, 2020 $ 43,098 $ (11,494) $ 31,604 Six months ended June 30, 2021 Investment securities: Unrealized net losses arising during the period (83,505) 22,274 (61,231) Reclassification of net gains to net income: Investment securities gains, net (102) 27 (75) Net change in investment securities (83,607) 22,301 (61,306) Other comprehensive loss (83,607) 22,301 (61,306) Accumulated other comprehensive loss at June 30, 2021 $ (40,509) $ 10,807 $ (29,702)
Summary of changes in accumulated other comprehensive income (loss), net of tax	Pensions Accumulated and Available-for-Sale Held-to-Maturity Cash Flow Other Other Investment Investment Derivative Comprehensive (dollars in thousands) Benefits Securities Securities Hedges Loss Three Months Ended June 30, 2022 Balance at beginning of period $ (24,390) $ (491,854) $ — $ (1,258) $ (517,502) Unrealized net losses related to the transfer of securities from available-for-sale to held-to-maturity — 338,816 (338,816) — — Other comprehensive (loss) income — (66,983) 14,612 (1,584) (53,955) Balance at end of period $ (24,390) $ (220,021) $ (324,204) $ (2,842) $ (571,457) Six Months Ended June 30, 2022 Balance at beginning of year $ (24,390) $ (97,303) $ — $ — $ (121,693) Unrealized net losses related to the transfer of securities from available-for-sale to held-to-maturity — 338,816 (338,816) — — Other comprehensive (loss) income — (461,534) 14,612 (2,842) (449,764) Balance at end of period $ (24,390) $ (220,021) $ (324,204) $ (2,842) $ (571,457) Three Months Ended June 30, 2021 Balance at beginning of period $ (31,737) $ (11,698) $ — $ — $ (43,435) Other comprehensive income — 13,733 — — 13,733 Balance at end of period $ (31,737) $ 2,035 $ — $ — $ (29,702) Six Months Ended June 30, 2021 Balance at beginning of year $ (31,737) $ 63,341 $ — $ — $ 31,604 Other comprehensive loss — (61,306) — — (61,306) Balance at end of period $ (31,737) $ 2,035 $ — $ — $ (29,702)

Regulatory Capital Requiremen_2

Regulatory Capital Requirements (Tables)	6 Months Ended
Regulatory Capital Requirements (Tables)	Jun. 30, 2022
Regulatory Capital Requirements
Schedule of regulatory capital ratios	First Hawaiian Minimum Well- First Hawaiian, Inc. Bank Capital Capitalized (dollars in thousands) Amount Ratio Amount Ratio Ratio (1) Ratio (1) June 30, 2022: Common equity tier 1 capital to risk-weighted assets $ 1,828,576 11.98 % $ 1,818,243 11.91 % 4.50 % 6.50 % Tier 1 capital to risk-weighted assets 1,828,576 11.98 % 1,818,243 11.91 % 6.00 % 8.00 % Total capital to risk-weighted assets 2,006,476 13.14 % 1,996,143 13.07 % 8.00 % 10.00 % Tier 1 capital to average assets (leverage ratio) 1,828,576 7.54 % 1,818,243 7.50 % 4.00 % 5.00 % December 31, 2021: Common equity tier 1 capital to risk-weighted assets $ 1,783,113 12.24 % $ 1,769,214 12.14 % 4.50 % 6.50 % Tier 1 capital to risk-weighted assets 1,783,113 12.24 % 1,769,214 12.14 % 6.00 % 8.00 % Total capital to risk-weighted assets 1,965,280 13.49 % 1,951,377 13.40 % 8.00 % 10.00 % Tier 1 capital to average assets (leverage ratio) 1,783,113 7.24 % 1,769,214 7.18 % 4.00 % 5.00 % (1) As defined by the regulations issued by the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and Federal Deposit Insurance Corporation (“FDIC”).

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	6 Months Ended
Derivative Financial Instruments (Tables)	Jun. 30, 2022
Derivative Financial Instruments
Summary of notional amounts and fair values of derivatives held	June 30, 2022 December 31, 2021 Fair Value Fair Value Notional Asset Liability Notional Asset Liability (dollars in thousands) Amount Derivatives (1) Derivatives (2) Amount Derivatives (1) Derivatives (2) Derivatives designated as hedging instruments: Interest rate swaps $ 267,500 $ 4,932 $ (3,877) $ 67,500 $ — $ (1,211) Derivatives not designated as hedging instruments: Interest rate swaps 2,937,558 5,454 (23,984) 2,827,582 50,898 — Visa derivative 107,464 — (3,786) 105,916 — (5,530) Interest rate caps and floors — — — 148,800 27 (27) Foreign exchange contracts 232 — — 217 — — (1) The positive fair values of derivative assets are included in other assets. (2) The negative fair values of derivative liabilities are included in other liabilities.
Schedule of net gains and losses recognized in income related to derivatives in fair value hedging relationships	Gains (losses) recognized in Three Months Ended Six Months Ended the consolidated statements June 30, June 30, (dollars in of income line item 2022 2021 2022 2021 Gains (losses) on fair value hedging relationships recognized in interest income: Recognized on interest rate swap Loans and lease financing $ 4,631 $ 121 $ 6,143 $ 313 Recognized on hedged item Loans and lease financing (4,729) (138) (6,346) (387)
Schedule of amounts related to cumulative basis adjustments for fair value hedges	Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Asset Carrying Amount of the Hedged Asset (dollars in June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 Line item in the consolidated balance sheets in which the hedged item is included Loans and leases $ 62,542 $ 68,707 $ (4,958) $ 1,207
Summary of effect of cash flow hedging relationships	(dollars in thousands) Three Months Ended June 30, 2022 Six Months Ended June 30, 2022 Pretax net losses recognized in other comprehensive income on cash flow derivative hedges $ (1,523) $ (3,239) Pretax net gains reclassified from accumulated other comprehensive income to interest income from loans and lease financing (638) (638)
Summary of impact on pretax earnings of derivatives not designated as hedges	Net gains (losses) recognized Three Months Ended Six Months Ended in the consolidated statements June 30, June 30, (dollars in of income line item 2022 2021 2022 2021 Derivatives Not Designated As Hedging Instruments: Visa derivative Other noninterest income $ 123 $ (23) (1,357) 3 Foreign exchange contracts Other noninterest income (6) — — —

Commitments and Contingent Li_2

Commitments and Contingent Liabilities (Tables)	6 Months Ended
Commitments and Contingent Liabilities (Tables)	Jun. 30, 2022
Commitments and Contingent Liabilities
Schedule of financial instruments with off-balance sheet risk	June 30, December 31, (dollars in 2022 2021 Financial instruments whose contract amounts represent credit risk: Commitments to extend credit $ 6,584,364 $ 6,490,301 Standby letters of credit 232,024 182,447 Commercial letters of credit 3,409 3,307

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	6 Months Ended
Revenue from Contracts with Customers (Tables)	Jun. 30, 2022
Revenue from Contracts with Customers
Summary of revenues disaggregated by type of service and business segments	Three Months Ended June 30, 2022 Treasury Retail Commercial and (dollars in Banking Banking Other Total Net interest income (1) $ 107,368 $ 36,826 $ 953 $ 145,147 Service charges on deposit accounts 6,085 413 345 6,843 Credit and debit card fees — 15,243 1,206 16,449 Other service charges and fees 6,306 417 487 7,210 Trust and investment services income 8,759 — — 8,759 Other 175 2,873 287 3,335 Not in scope of Topic 606 (1) 1,160 1,469 (1,088) 1,541 Total noninterest income 22,485 20,415 1,237 44,137 Total revenue $ 129,853 $ 57,241 $ 2,190 $ 189,284 Six Months Ended June 30, 2022 Treasury Retail Commercial and (dollars in thousands) Banking Banking Other Total Net interest income (1) $ 201,416 $ 71,914 $ 5,689 $ 279,019 Service charges on deposit accounts 12,734 759 851 14,344 Credit and debit card fees — 28,269 2,422 30,691 Other service charges and fees 12,869 1,198 856 14,923 Trust and investment services income 17,642 — — 17,642 Other 303 5,457 545 6,305 Not in scope of Topic 606 (1) 2,252 3,387 (4,027) 1,612 Total noninterest income 45,800 39,070 647 85,517 Total revenue $ 247,216 $ 110,984 $ 6,336 $ 364,536 (1) Most of the Company’s revenue is not within the scope of ASU No. 2014-09, Revenue from Contracts with Customers . The guidance explicitly excludes net interest income from financial assets and liabilities as well as other noninterest income from loans, leases, investment securities, derivative financial instruments and bank-owned life insurance. Three Months Ended June 30, 2021 Treasury Retail Commercial and (dollars in thousands) Banking Banking Other Total Net interest income (1) $ 97,106 $ 40,234 $ (5,859) $ 131,481 Service charges on deposit accounts 5,788 341 503 6,632 Credit and debit card fees — 14,692 1,440 16,132 Other service charges and fees 5,983 1,590 382 7,955 Trust and investment services income 8,707 — — 8,707 Other 149 623 367 1,139 Not in scope of Topic 606 (1) 1,868 2,282 4,656 8,806 Total noninterest income 22,495 19,528 7,348 49,371 Total revenue $ 119,601 $ 59,762 $ 1,489 $ 180,852 Six Months Ended June 30, 2021 Treasury Retail Commercial and (dollars in thousands) Banking Banking Other Total Net interest income (1) $ 191,560 $ 78,500 $ (9,421) $ 260,639 Service charges on deposit accounts 11,874 564 912 13,350 Credit and debit card fees — 27,217 2,868 30,085 Other service charges and fees 11,547 2,065 734 14,346 Trust and investment services income 17,199 — — 17,199 Other 228 2,119 703 3,050 Not in scope of Topic 606 (1) 5,222 3,604 6,383 15,209 Total noninterest income 46,070 35,569 11,600 93,239 Total revenue $ 237,630 $ 114,069 $ 2,179 $ 353,878 (1) Most of the Company’s revenue is not within the scope of ASU No. 2014-09, Revenue from Contracts with Customers. The guidance explicitly excludes net interest income from financial assets and liabilities as well as other noninterest income from loans, leases, investment securities, derivative financial instruments and bank-owned life insurance.

Earnings per Share (Tables)

Earnings per Share (Tables)	6 Months Ended
Earnings per Share (Tables)	Jun. 30, 2022
Earnings per Share
Schedule of computations of basic and diluted earnings per share	Three Months Ended June 30, Six Months Ended June 30, (dollars in 2022 2021 2022 2021 Numerator: Net income $ 59,360 $ 86,741 $ 117,079 $ 144,434 Denominator: Basic: weighted-average shares outstanding 127,672,244 129,392,339 127,614,564 129,661,228 Add: weighted-average equity-based awards 342,533 436,508 494,066 503,534 Diluted: weighted-average shares outstanding 128,014,777 129,828,847 128,108,630 130,164,762 Basic earnings per share $ 0.46 $ 0.67 $ 0.92 $ 1.11 Diluted earnings per share $ 0.46 $ 0.67 $ 0.91 $ 1.11

Noninterest Income and Nonint_2

Noninterest Income and Noninterest Expense (Tables)	6 Months Ended
Noninterest Income and Noninterest Expense (Tables)	Jun. 30, 2022
Noninterest Income and Noninterest Expense
Schedule of components of net periodic benefit cost	Income line item where recognized in Pension Benefits Other Benefits (dollars in the consolidated statements of income 2022 2021 2022 2021 Three Months Ended June 30, Service cost Salaries and employee benefits $ — $ — $ 214 $ 264 Interest cost Other noninterest expense 1,361 1,231 143 131 Expected return on plan assets Other noninterest expense (782) (766) — — Recognized net actuarial loss (gain) Other noninterest expense 1,269 1,720 (101) — Total net periodic benefit cost $ 1,848 $ 2,185 $ 256 $ 395 Six Months Ended June 30, Service cost Salaries and employee benefits $ — $ — $ 429 $ 528 Interest cost Other noninterest expense 2,722 2,462 287 262 Expected return on plan assets Other noninterest expense (1,565) (1,532) — — Recognized net actuarial loss (gain) Other noninterest expense 2,537 3,440 (202) — Total net periodic benefit cost $ 3,694 $ 4,370 $ 514 $ 790

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
Fair Value (Tables)	Jun. 30, 2022
Fair Value
Schedule of assets and liabilities measured at fair value on a recurring basis	Fair Value Measurements as of June 30, 2022 Quoted Prices in Significant Active Markets for Other Significant Identical Assets Observable Unobservable (dollars in (Level 1) Inputs (Level 2) Inputs (Level 3) Total Assets U.S. Treasury and government agency debt securities $ — $ 159,165 $ — $ 159,165 Government-sponsored enterprises debt securities — 19,963 — 19,963 Mortgage-backed securities: Residential - Government agency (1) — 67,958 — 67,958 Residential - Government-sponsored enterprises (1) — 1,333,015 — 1,333,015 Commercial - Government agency — 267,657 — 267,657 Commercial - Government-sponsored enterprises — 141,836 — 141,836 Commercial - Non-agency — 21,550 — 21,550 Collateralized mortgage obligations: Government agency — 1,025,339 — 1,025,339 Government-sponsored enterprises — 684,560 — 684,560 Collateralized loan obligations — 246,703 — 246,703 Total available-for-sale securities — 3,967,746 — 3,967,746 Other assets (2) 6,703 10,386 — 17,089 Liabilities Other liabilities (3) — (27,861) (3,786) (31,647) Total $ 6,703 $ 3,950,271 $ (3,786) $ 3,953,188 (1) Backed by residential real estate. (2) Other assets classified as Level 1 include mutual funds and money market funds that have quoted prices in active markets and are related to the Company’s deferred compensation plans. Other assets classified as Level 2 include derivative assets. (3) Other liabilities include derivative liabilities. Fair Value Measurements as of December 31, 2021 Quoted Prices in Significant Active Markets for Other Significant Identical Assets Observable Unobservable (dollars in thousands) (Level 1) Inputs (Level 2) Inputs (Level 3) Total Assets U.S. Treasury and government agency debt securities $ — $ 192,563 $ — $ 192,563 Mortgage-backed securities: Residential - Government agency (1) — 137,264 — 137,264 Residential - Government-sponsored enterprises (1) — 1,491,100 — 1,491,100 Commercial - Government agency — 387,663 — 387,663 Commercial - Government-sponsored enterprises — 1,369,443 — 1,369,443 Collateralized mortgage obligations: Government agency — 2,079,523 — 2,079,523 Government-sponsored enterprises — 2,621,044 — 2,621,044 Collateralized loan obligations — 105,247 — 105,247 Debt securities issued by states and political subdivisions — 44,185 — 44,185 Total available-for-sale securities — 8,428,032 — 8,428,032 Other assets (2) 7,382 50,925 — 58,307 Liabilities Other liabilities (3) — (1,238) (5,530) (6,768) Total $ 7,382 $ 8,477,719 $ (5,530) $ 8,479,571 (1) Backed by residential real estate. (2) Other assets classified as Level 1 include mutual funds and money market funds that have quoted prices in active markets and are related to the Company’s deferred compensation plans. Other assets classified as Level 2 include derivative assets. (3) Other liabilities include derivative liabilities.
Significant unobservable inputs used in fair value measurements for Level 3 assets and liabilities measured at fair value on a recurring basis	Quantitative Information about Level 3 Fair Value Measurements at June 30, 2022 Significant (dollars in thousands) Fair value Valuation Technique Unobservable Input Range Visa derivative $ (3,786) Discounted Cash Flow Expected Conversion Rate - 1.6059 (1) 1.5885 - 1.6059 Expected Term - 1 year (2) 0.5 to 1.5 years Growth Rate - 26% (3) 10% - 38% Quantitative Information about Level 3 Fair Value Measurements at December 31, 2021 Significant (dollars in thousands) Fair value Valuation Technique Unobservable Input Range Visa derivative $ (5,530) Discounted Cash Flow Expected Conversion Rate - 1.6181 (1) 1.5885-1.6181 Expected Term - 1 year (2) 0.5 to 1.5 years Growth Rate - 26% (3) 10% - 38% (1) Due to the uncertainty in the movement of the conversion rate, the current conversion rate was utilized in the fair value calculation. (2) The expected term of 1 year was based on the median of 0.5 to 1.5 years. (3) The growth rate was based on the arithmetic average of analyst price targets.
Summary of changes in Level 3 liabilities measured at fair value on a recurring basis	Visa Derivative (dollars in 2022 2021 Three Months Ended June 30, Balance as of April 1, $ (5,794) $ (3,369) Total net gains (losses) included in other noninterest income 123 (23) Settlements 1,885 1,260 Balance as of June 30, $ (3,786) $ (2,132) Total net gains (losses) included in net income attributable to the change in unrealized gains or losses related to liabilities still held as of June 30, $ 123 $ (23) Six Months Ended June 30, Balance as of January 1, $ (5,530) $ (4,554) Total net (losses) gains included in other noninterest income (1,357) 3 Settlements 3,101 2,419 Balance as of June 30, $ (3,786) $ (2,132) Total net (losses) gains included in net income attributable to the change in unrealized gains or losses related to liabilities still held as of June 30, $ (1,357) $ 3
Summary of estimated fair value of financial instruments not required to be carried at fair value on a recurring basis	June 30, 2022 Fair Value Measurements Quoted Prices in Significant Significant Active Markets Other Unobservable for Identical Observable Inputs (dollars in thousands) Book Value Assets (Level 1) Inputs (Level 2) (Level 3) Total Financial assets: Cash and cash equivalents $ 1,533,676 $ 279,629 $ 1,254,047 $ — $ 1,533,676 Investment securities held-to-maturity 4,093,215 — 3,910,780 — 3,910,780 Loans held for sale 180 — 182 — 182 Loans (1) 13,018,119 — — 12,587,779 12,587,779 Financial liabilities: Time deposits (2) $ 1,667,680 $ — $ 1,636,768 $ — $ 1,636,768 December 31, 2021 Fair Value Measurements Quoted Prices in Significant Significant Active Markets Other Unobservable for Identical Observable Inputs (dollars in thousands) Book Value Assets (Level 1) Inputs (Level 2) (Level 3) Total Financial assets: Cash and cash equivalents $ 1,258,469 $ 246,716 $ 1,011,753 $ — $ 1,258,469 Loans held for sale 538 — 542 — 542 Loans (1) 12,730,605 — — 12,791,811 12,791,811 Financial liabilities: Time deposits (2) $ 1,776,438 $ — $ 1,773,321 $ — $ 1,773,321 (1) Excludes financing leases of $244.7 million at June 30, 2022 and $231.4 million at December 31, 2021. (2) Excludes deposit liabilities with no defined or contractual maturity of $20.9 billion as of June 30, 2022 and $20.0 billion as of December 31, 2021.

Reportable Operating Segments (

Reportable Operating Segments (Tables)	6 Months Ended
Reportable Operating Segments (Tables)	Jun. 30, 2022
Reportable Operating Segments
Schedule of selected business segment financial information	Treasury Retail Commercial and (dollars in Banking Banking Other Total Three Months Ended June 30, 2022 Net interest income $ 107,368 $ 36,826 $ 953 $ 145,147 Provision for credit losses (386) (614) — (1,000) Net interest income after provision for credit losses 106,982 36,212 953 144,147 Noninterest income 22,485 20,415 1,237 44,137 Noninterest expense (73,357) (26,962) (8,856) (109,175) Income (loss) before (provision) benefit for income taxes 56,110 29,665 (6,666) 79,109 (Provision) benefit for income taxes (13,896) (7,251) 1,398 (19,749) Net income (loss) $ 42,214 $ 22,414 $ (5,268) $ 59,360 Treasury Retail Commercial and (dollars in thousands) Banking Banking Other Total Six Months Ended June 30, 2022 Net interest income $ 201,416 $ 71,914 $ 5,689 $ 279,019 Benefit for credit losses 1,455 1,928 1,364 4,747 Net interest income after benefit for credit losses 202,871 73,842 7,053 283,766 Noninterest income 45,800 39,070 647 85,517 Noninterest expense (143,577) (53,467) (16,173) (213,217) Income (loss) before (provision) benefit for income taxes 105,094 59,445 (8,473) 156,066 (Provision) benefit for income taxes (26,046) (14,504) 1,563 (38,987) Net income (loss) $ 79,048 $ 44,941 $ (6,910) $ 117,079 Treasury Retail Commercial and (dollars in thousands) Banking Banking Other Total Three Months Ended June 30, 2021 Net interest income (expense) $ 97,106 $ 40,234 $ (5,859) $ 131,481 Benefit for credit losses 12,654 17,465 4,881 35,000 Net interest income (expense) after provision for credit losses 109,760 57,699 (978) 166,481 Noninterest income 22,495 19,528 7,348 49,371 Noninterest expense (62,115) (24,993) (12,280) (99,388) Income (loss) before (provision) benefit for income taxes 70,140 52,234 (5,910) 116,464 (Provision) benefit for income taxes (17,884) (13,285) 1,446 (29,723) Net income (loss) $ 52,256 $ 38,949 $ (4,464) $ 86,741 Treasury Retail Commercial and (dollars in thousands) Banking Banking Other Total Six Months Ended June 30, 2021 Net interest income (expense) $ 191,560 $ 78,500 $ (9,421) $ 260,639 Benefit for credit losses 14,124 19,495 1,381 35,000 Net interest income (expense) after provision for credit losses 205,684 97,995 (8,040) 295,639 Noninterest income 46,070 35,569 11,600 93,239 Noninterest expense (125,004) (47,471) (23,219) (195,694) Income (loss) before (provision) benefit for income taxes 126,750 86,093 (19,659) 193,184 (Provision) benefit for income taxes (32,010) (21,629) 4,889 (48,750) Net income (loss) $ 94,740 $ 64,464 $ (14,770) $ 144,434

Organization and Basis of Pre_3

Organization and Basis of Presentation - Basis of Presentation (Details) - USD ($)	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
Capitalization
Investment securities comprised of collateralized loan obligations rated AA or better and obligations issued by local state and political subdivisions rated AA or better		4%	4%
Credit losses recognized on securities	$ 0	$ 0	$ 0
First Hawaiian, Inc. (FHI)
Capitalization
Outstanding common stock owned (as a percent)	100%	100%

Investment Securities - Amortiz

Investment Securities - Amortized Cost and Fair Value of Securities (Details) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
Available for sale debt securities
Amortized Cost	$ 4,267,809,000	$ 4,267,809,000	$ 8,560,733,000
Unrealized Gains	987,000	987,000	24,595,000
Unrealized Losses	(301,050,000)	(301,050,000)	(157,296,000)
Total available-for-sale securities, Fair value,	3,967,746,000	3,967,746,000	8,428,032,000
Held to maturity securities
Amortized Cost	4,093,215,000	4,093,215,000
Unrealized Losses	(182,435,000)	(182,435,000)
Total held to maturity, Fair value,	3,910,780,000	3,910,780,000	0
Available-for-sale investment securities
Accrued interest receivable related to available-for-sale investment securities	8,700,000	8,700,000	14,100,000
Accrued interest receivable related to held to maturity investment securities	7,000,000	7,000,000	0
Reclassification of available for sale securities to held to maturity	4,100,000,000	4,100,000,000
Other comprehensive income (loss), transfer of securities from available for sale to held to maturity	338,800,000	338,800,000
Gain (loss) recognized on reclassification, transfer of securities from available for sale to held to maturity	0	$ 0
Securities held-to-maturity, weighted average life		8 years
Collateralized Loan Obligations
Available for sale debt securities
Amortized Cost	249,905,000	$ 249,905,000	105,245,000
Unrealized Gains	45,000	45,000	2,000
Unrealized Losses	(3,247,000)	(3,247,000)
Total available-for-sale securities, Fair value,	246,703,000	246,703,000	105,247,000
U.S. Treasury and government agency debt securities
Available for sale debt securities
Amortized Cost	168,129,000	168,129,000	196,662,000
Unrealized Gains			125,000
Unrealized Losses	(8,964,000)	(8,964,000)	(4,224,000)
Total available-for-sale securities, Fair value,	159,165,000	159,165,000	192,563,000
Held to maturity securities
Amortized Cost	55,148,000	55,148,000
Unrealized Losses	(2,405,000)	(2,405,000)
Total held to maturity, Fair value,	52,743,000	52,743,000
Government-sponsored enterprises debt securities
Available for sale debt securities
Amortized Cost	20,000,000	20,000,000
Unrealized Losses	(37,000)	(37,000)
Total available-for-sale securities, Fair value,	19,963,000	19,963,000
Residential - Government agency
Available for sale debt securities
Amortized Cost	72,027,000	72,027,000	135,764,000
Unrealized Gains			1,791,000
Unrealized Losses	(4,069,000)	(4,069,000)	(291,000)
Total available-for-sale securities, Fair value,	67,958,000	67,958,000	137,264,000
Held to maturity securities
Amortized Cost	47,309,000	47,309,000
Unrealized Losses	(3,031,000)	(3,031,000)
Total held to maturity, Fair value,	44,278,000	44,278,000
Residential - Government-sponsored enterprises
Available for sale debt securities
Amortized Cost	1,444,461,000	1,444,461,000	1,496,605,000
Unrealized Gains	24,000	24,000	6,914,000
Unrealized Losses	(111,470,000)	(111,470,000)	(12,419,000)
Total available-for-sale securities, Fair value,	1,333,015,000	1,333,015,000	1,491,100,000
Held to maturity securities
Amortized Cost	93,458,000	93,458,000
Unrealized Losses	(6,117,000)	(6,117,000)
Total held to maturity, Fair value,	87,341,000	87,341,000
Commercial - Government agency
Available for sale debt securities
Amortized Cost	297,271,000	297,271,000	392,443,000
Unrealized Gains			1,741,000
Unrealized Losses	(29,614,000)	(29,614,000)	(6,521,000)
Total available-for-sale securities, Fair value,	267,657,000	267,657,000	387,663,000
Held to maturity securities
Amortized Cost	30,497,000	30,497,000
Unrealized Losses	(2,685,000)	(2,685,000)
Total held to maturity, Fair value,	27,812,000	27,812,000
Commercial - Government-sponsored enterprises
Available for sale debt securities
Amortized Cost	147,160,000	147,160,000	1,415,511,000
Unrealized Gains	918,000	918,000	2,646,000
Unrealized Losses	(6,242,000)	(6,242,000)	(48,714,000)
Total available-for-sale securities, Fair value,	141,836,000	141,836,000	1,369,443,000
Held to maturity securities
Amortized Cost	1,173,398,000	1,173,398,000
Unrealized Losses	(63,627,000)	(63,627,000)
Total held to maturity, Fair value,	1,109,771,000	1,109,771,000
Commercial - Non -agency
Available for sale debt securities
Amortized Cost	21,957,000	21,957,000
Unrealized Losses	(407,000)	(407,000)
Total available-for-sale securities, Fair value,	21,550,000	21,550,000
Government agency
Available for sale debt securities
Amortized Cost	1,102,277,000	1,102,277,000	2,103,187,000
Unrealized Gains			7,768,000
Unrealized Losses	(76,938,000)	(76,938,000)	(31,432,000)
Total available-for-sale securities, Fair value,	1,025,339,000	1,025,339,000	2,079,523,000
Held to maturity securities
Amortized Cost	879,010,000	879,010,000
Unrealized Losses	(31,243,000)	(31,243,000)
Total held to maturity, Fair value,	847,767,000	847,767,000
Government-sponsored enterprises
Available for sale debt securities
Amortized Cost	744,622,000	744,622,000	2,671,131,000
Unrealized Gains			3,608,000
Unrealized Losses	(60,062,000)	(60,062,000)	(53,695,000)
Total available-for-sale securities, Fair value,	684,560,000	684,560,000	2,621,044,000
Held to maturity securities
Amortized Cost	1,760,755,000	1,760,755,000
Unrealized Losses	(69,483,000)	(69,483,000)
Total held to maturity, Fair value,	1,691,272,000	1,691,272,000
Debt securities issued by states and political subdivisions
Available for sale debt securities
Amortized Cost			44,185,000
Total available-for-sale securities, Fair value,			$ 44,185,000
Held to maturity securities
Amortized Cost	53,640,000	53,640,000
Unrealized Losses	(3,844,000)	(3,844,000)
Total held to maturity, Fair value,	$ 49,796,000	$ 49,796,000

Investment Securities - Proceed

Investment Securities - Proceeds from Calls and Sales, Realized Gains and Losses and Interest Income Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Proceeds from calls and sales of investment securities and other assets
Proceeds from calls of investment securities	$ 200	$ 200	$ 1,200	$ 300
Proceeds from sales of investment securities	0	2,500	0	2,500
Debt Securities, Available-for-sale, Realized Gain (Loss) [Abstract]
Gross realized gains on sales of investment securities	0	100	0	100
Gross realized losses on sales of investment securities	0	0	0	0
Income tax benefit related to net realized loss on sale of investment securities	0	0	0	0
Interest income from taxable and nontaxable investment securities
Interest income from taxable investment securities	31,600	22,400	60,700	44,600
Interest income from non-taxable investment securities	$ 3,300	$ 2,200	$ 6,300	$ 3,200

Investment Securities - Amort_2

Investment Securities - Amortized Cost and Fair Value, by Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Amortized Cost
Due in one year or less	$ 30,106
Due after one year through five years	79,915
Due after five years through ten years	177,556
Due after ten years	172,414
Total contractual maturities	459,991
Available-for-sale investment securities, amortized cost	4,267,809	$ 8,560,733
Fair Value
Due in one year or less	29,762
Due after one year through five years	77,983
Due after five years through ten years	170,656
Due after ten years	168,980
Total contractual maturities	447,381
Total available-for-sale securities, Fair value,	3,967,746	8,428,032
Amortized Cost
Due after ten years	108,788
Total contractual maturities	108,788
Amortized cost	4,093,215
Fair Value
Due after ten years	102,539
Total contractual maturities	102,539
Total held to maturity, Fair value,	3,910,780	0
Mortgage-backed securities:
Amortized Cost
Mortgaged-backed securities and collateralized mortgage obligations	1,960,919
Fair Value
Mortgaged-backed securities and collateralized mortgage obligations	1,810,466
Amortized Cost
Mortgaged-backed securities and collateralized mortgage obligations	1,344,662
Fair Value
Mortgaged-backed securities and collateralized mortgage obligations	1,269,202
Residential - Government agency
Amortized Cost
Mortgaged-backed securities and collateralized mortgage obligations	72,027
Available-for-sale investment securities, amortized cost	72,027	135,764
Fair Value
Mortgaged-backed securities and collateralized mortgage obligations	67,958
Total available-for-sale securities, Fair value,	67,958	137,264
Amortized Cost
Mortgaged-backed securities and collateralized mortgage obligations	47,309
Amortized cost	47,309
Fair Value
Mortgaged-backed securities and collateralized mortgage obligations	44,278
Total held to maturity, Fair value,	44,278
Residential - Government-sponsored enterprises
Amortized Cost
Mortgaged-backed securities and collateralized mortgage obligations	1,444,461
Available-for-sale investment securities, amortized cost	1,444,461	1,496,605
Fair Value
Mortgaged-backed securities and collateralized mortgage obligations	1,333,015
Total available-for-sale securities, Fair value,	1,333,015	1,491,100
Amortized Cost
Mortgaged-backed securities and collateralized mortgage obligations	93,458
Amortized cost	93,458
Fair Value
Mortgaged-backed securities and collateralized mortgage obligations	87,341
Total held to maturity, Fair value,	87,341
Commercial - Government agency
Amortized Cost
Mortgaged-backed securities and collateralized mortgage obligations	297,271
Available-for-sale investment securities, amortized cost	297,271	392,443
Fair Value
Mortgaged-backed securities and collateralized mortgage obligations	267,657
Total available-for-sale securities, Fair value,	267,657	387,663
Amortized Cost
Mortgaged-backed securities and collateralized mortgage obligations	30,497
Amortized cost	30,497
Fair Value
Mortgaged-backed securities and collateralized mortgage obligations	27,812
Total held to maturity, Fair value,	27,812
Commercial - Government-sponsored enterprises
Amortized Cost
Mortgaged-backed securities and collateralized mortgage obligations	147,160
Available-for-sale investment securities, amortized cost	147,160	1,415,511
Fair Value
Mortgaged-backed securities and collateralized mortgage obligations	141,836
Total available-for-sale securities, Fair value,	141,836	1,369,443
Amortized Cost
Mortgaged-backed securities and collateralized mortgage obligations	1,173,398
Amortized cost	1,173,398
Fair Value
Mortgaged-backed securities and collateralized mortgage obligations	1,109,771
Total held to maturity, Fair value,	1,109,771
Collateralized mortgage obligations
Amortized Cost
Mortgaged-backed securities and collateralized mortgage obligations	1,846,899
Fair Value
Mortgaged-backed securities and collateralized mortgage obligations	1,709,899
Amortized Cost
Mortgaged-backed securities and collateralized mortgage obligations	2,639,765
Fair Value
Mortgaged-backed securities and collateralized mortgage obligations	2,539,039
Government agency
Amortized Cost
Mortgaged-backed securities and collateralized mortgage obligations	1,102,277
Available-for-sale investment securities, amortized cost	1,102,277	2,103,187
Fair Value
Mortgaged-backed securities and collateralized mortgage obligations	1,025,339
Total available-for-sale securities, Fair value,	1,025,339	2,079,523
Amortized Cost
Mortgaged-backed securities and collateralized mortgage obligations	879,010
Amortized cost	879,010
Fair Value
Mortgaged-backed securities and collateralized mortgage obligations	847,767
Total held to maturity, Fair value,	847,767
Government-sponsored enterprises
Amortized Cost
Mortgaged-backed securities and collateralized mortgage obligations	744,622
Available-for-sale investment securities, amortized cost	744,622	2,671,131
Fair Value
Mortgaged-backed securities and collateralized mortgage obligations	684,560
Total available-for-sale securities, Fair value,	684,560	$ 2,621,044
Amortized Cost
Mortgaged-backed securities and collateralized mortgage obligations	1,760,755
Amortized cost	1,760,755
Fair Value
Mortgaged-backed securities and collateralized mortgage obligations	1,691,272
Total held to maturity, Fair value,	$ 1,691,272

Investment Securities - Pledged

Investment Securities - Pledged Securities and Concentration Narrative (Details) - USD ($)	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
Pledged securities
Total pledged securities	$ 2,600,000,000	$ 2,600,000,000	$ 2,100,000,000
Securities pledged to secure public deposits	2,402,529,000	2,402,529,000	1,913,369,000
Securities pledged to secure other financial transactions	191,300,000	191,300,000	193,200,000
Concentration of risk
Credit losses recognized on securities	0	0	0
Non-government issuer
Concentration of risk
Securities of issuers in excess of 10% of stockholders' equity	$ 0	$ 0	$ 0

Investment Securities - Unreali

Investment Securities - Unrealized Gross Losses and Fair Values of Securities in a Continuous Loss Position (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2022 USD ($) security shares	Dec. 31, 2021 USD ($) security shares
Securities in the available-for-sale portfolio in a continuous loss position
Number of individual securities in a continuous loss position \| security	296	318
Time in Continuous Loss, Unrealized Losses
Less Than 12 Months Unrealized Losses	$ (253,749,000)	$ (125,923,000)
12 Months or More Unrealized Losses	(47,301,000)	(31,373,000)
Total Unrealized Losses	(301,050,000)	(157,296,000)
Time in Continuous Loss, Fair Value
Less Than 12 Months, Fair Value	3,406,115,000	6,044,029,000
12 Months or More Fair Value	399,384,000	497,202,000
Total Fair Value	3,805,499,000	6,541,231,000
Allowance for credit losses, investment securities	$ 0	$ 0
Investment securities comprised of collateralized loan obligations rated AA or better and obligations issued by local state and political subdivisions rated AA or better	4%	4%
Class B restricted shares \| Visa
Time in Continuous Loss, Fair Value
Shares held \| shares	120,000	120,000
Cost basis	$ 0	$ 0
U.S. Treasury and government agency debt securities
Time in Continuous Loss, Unrealized Losses
Less Than 12 Months Unrealized Losses	(2,239,000)	(3,355,000)
12 Months or More Unrealized Losses	(6,725,000)	(869,000)
Total Unrealized Losses	(8,964,000)	(4,224,000)
Time in Continuous Loss, Fair Value
Less Than 12 Months, Fair Value	87,782,000	134,468,000
12 Months or More Fair Value	71,383,000	16,642,000
Total Fair Value	159,165,000	151,110,000
Government-sponsored enterprises debt securities
Time in Continuous Loss, Unrealized Losses
Less Than 12 Months Unrealized Losses	(37,000)
Total Unrealized Losses	(37,000)
Time in Continuous Loss, Fair Value
Less Than 12 Months, Fair Value	19,964,000
Total Fair Value	19,964,000
Residential - Government-sponsored enterprises
Time in Continuous Loss, Unrealized Losses
Less Than 12 Months Unrealized Losses	(110,301,000)	(10,876,000)
12 Months or More Unrealized Losses	(1,169,000)	(1,543,000)
Total Unrealized Losses	(111,470,000)	(12,419,000)
Time in Continuous Loss, Fair Value
Less Than 12 Months, Fair Value	1,303,823,000	1,230,104,000
12 Months or More Fair Value	9,196,000	32,415,000
Total Fair Value	1,313,019,000	1,262,519,000
Residential - Government agency
Time in Continuous Loss, Unrealized Losses
Less Than 12 Months Unrealized Losses	(4,069,000)	(291,000)
Total Unrealized Losses	(4,069,000)	(291,000)
Time in Continuous Loss, Fair Value
Less Than 12 Months, Fair Value	67,958,000	51,231,000
Total Fair Value	67,958,000	51,231,000
Commercial - Government agency
Time in Continuous Loss, Unrealized Losses
Less Than 12 Months Unrealized Losses	(12,813,000)	(5,239,000)
12 Months or More Unrealized Losses	(16,801,000)	(1,282,000)
Total Unrealized Losses	(29,614,000)	(6,521,000)
Time in Continuous Loss, Fair Value
Less Than 12 Months, Fair Value	150,595,000	186,024,000
12 Months or More Fair Value	116,854,000	26,063,000
Total Fair Value	267,449,000	212,087,000
Commercial - Government-sponsored enterprises
Time in Continuous Loss, Unrealized Losses
Less Than 12 Months Unrealized Losses	(4,482,000)	(22,179,000)
12 Months or More Unrealized Losses	(1,760,000)	(26,535,000)
Total Unrealized Losses	(6,242,000)	(48,714,000)
Time in Continuous Loss, Fair Value
Less Than 12 Months, Fair Value	77,564,000	744,819,000
12 Months or More Fair Value	18,478,000	397,123,000
Total Fair Value	96,042,000	1,141,942,000
Commercial - Non -agency
Time in Continuous Loss, Unrealized Losses
Less Than 12 Months Unrealized Losses	(407,000)
Total Unrealized Losses	(407,000)
Time in Continuous Loss, Fair Value
Less Than 12 Months, Fair Value	21,550,000
Total Fair Value	21,550,000
Government agency
Time in Continuous Loss, Unrealized Losses
Less Than 12 Months Unrealized Losses	(74,997,000)	(31,432,000)
12 Months or More Unrealized Losses	(1,941,000)
Total Unrealized Losses	(76,938,000)	(31,432,000)
Time in Continuous Loss, Fair Value
Less Than 12 Months, Fair Value	988,818,000	1,441,848,000
12 Months or More Fair Value	16,549,000
Total Fair Value	1,005,367,000	1,441,848,000
Government-sponsored enterprises
Time in Continuous Loss, Unrealized Losses
Less Than 12 Months Unrealized Losses	(41,157,000)	(52,551,000)
12 Months or More Unrealized Losses	(18,905,000)	(1,144,000)
Total Unrealized Losses	(60,062,000)	(53,695,000)
Time in Continuous Loss, Fair Value
Less Than 12 Months, Fair Value	517,636,000	2,255,535,000
12 Months or More Fair Value	166,924,000	24,959,000
Total Fair Value	684,560,000	$ 2,280,494,000
Collateralized Loan Obligations
Time in Continuous Loss, Unrealized Losses
Less Than 12 Months Unrealized Losses	(3,247,000)
Total Unrealized Losses	(3,247,000)
Time in Continuous Loss, Fair Value
Less Than 12 Months, Fair Value	170,425,000
Total Fair Value	$ 170,425,000

Loans and Leases - Components (

Loans and Leases - Components (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Loans and leases
Loans and leases	$ 13,262,781	$ 12,961,999
Outstanding loan balances, deferred loan costs and fees	52,100	42,200
Accrued interest receivable related to loans and leases recorded separately	47,400	49,000
Residential real estate loans pledged to collateralize the borrowing capacity at the FHLB	2,200,000	2,400,000
Consumer, commercial and industrial, commercial real estate and residential real estate loans pledged to collateralize the borrowing capacity at the FRB	1,700,000	1,700,000
Real estate
Loans and leases
Loans and leases	5,184,337	4,959,975
Commercial and Industrial
Loans and leases
Loans and leases	1,942,132	2,087,099
Commercial and Industrial \| Real estate
Loans and leases
Loans and leases	1,942,132	2,087,099
Commercial real estate
Loans and leases
Loans and leases	3,956,828	3,639,623
Commercial real estate \| Real estate
Loans and leases
Loans and leases	3,956,828	3,639,623
Construction
Loans and leases
Loans and leases	727,771	813,969
Construction \| Real estate
Loans and leases
Loans and leases	727,771	813,969
Residential. Mortgage
Loans and leases
Loans and leases	4,212,768	4,083,367
Properties in the process of foreclosure	4,700	4,700
Residential. Mortgage \| Real estate
Loans and leases
Loans and leases	4,212,768	4,083,367
Home equity Line
Loans and leases
Loans and leases	971,569	876,608
Home equity Line \| Real estate
Loans and leases
Loans and leases	971,569	876,608
Consumer
Loans and leases
Loans and leases	1,207,051	1,229,939
Consumer \| Real estate
Loans and leases
Loans and leases	1,207,051	1,229,939
Lease financing
Loans and leases
Loans and leases	244,662	231,394
Residential mortgage
Loans and leases
Loans and leases	4,212,768	4,083,367
Home equity line
Loans and leases
Loans and leases	$ 971,569	$ 876,608

Allowance for Credit Losses - A

Allowance for Credit Losses - Activity (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Allowance for loan and lease losses:
Balance at beginning of period	$ 150,280	$ 200,366	$ 157,262	$ 208,454
Charge-offs	(5,022)	(4,247)	(9,880)	(11,915)
Recoveries	2,684	3,148	4,943	6,228
Provision	1,000	(30,119)	(3,383)	(33,619)
Balance at end of period	148,942	169,148	148,942	169,148
Commercial and Industrial
Allowance for loan and lease losses:
Balance at beginning of period	19,160	27,322	20,080	24,711
Charge-offs	(243)	(330)	(949)	(1,293)
Recoveries	301	287	354	502
Provision	(3,294)	(4,216)	(3,561)	(857)
Balance at end of period	15,924	23,063	15,924	23,063
Commercial real estate
Allowance for loan and lease losses:
Balance at beginning of period	45,238	51,691	42,951	58,123
Charge-offs				(66)
Recoveries		12	14	15
Provision	(512)	(4,670)	1,761	(11,039)
Balance at end of period	44,726	47,033	44,726	47,033
Construction
Allowance for loan and lease losses:
Balance at beginning of period	8,908	10,552	9,773	10,039
Recoveries				166
Provision	(3,541)	(400)	(4,406)	(53)
Balance at end of period	5,367	10,152	5,367	10,152
Lease financing
Allowance for loan and lease losses:
Balance at beginning of period	1,362	3,197	1,659	3,298
Recoveries	60		60
Provision	(24)	(130)	(321)	(231)
Balance at end of period	1,398	3,067	1,398	3,067
Residential. Mortgage
Allowance for loan and lease losses:
Balance at beginning of period			34,364	40,461
Charge-offs				(98)
Recoveries			208	31
Provision			(937)	(6,186)
Balance at end of period	33,635	34,208	33,635	34,208
Consumer
Allowance for loan and lease losses:
Balance at beginning of period		62,465	42,793	64,659
Charge-offs		(3,917)	(7,768)	(10,458)
Recoveries		2,797	4,088	5,452
Provision		(15,970)	4,045	(14,278)
Balance at end of period	43,158	45,375	43,158	45,375
Residential mortgage \| Residential. Mortgage
Allowance for loan and lease losses:
Balance at beginning of period	30,888	38,471
Recoveries	192	14
Provision	2,555	(4,277)
Balance at end of period	33,635	34,208	33,635	34,208
Home equity line
Allowance for loan and lease losses:
Balance at beginning of period	5,084	6,668	5,642	7,163
Charge-offs	(1,120)		(1,163)
Recoveries	191	38	219	62
Provision	579	(456)	36	(975)
Balance at end of period	4,734	$ 6,250	4,734	$ 6,250
Consumer Member \| Consumer
Allowance for loan and lease losses:
Balance at beginning of period	39,640
Charge-offs	(3,659)
Recoveries	1,940
Provision	5,237
Balance at end of period	$ 43,158		$ 43,158

Allowance for Credit Losses - R

Allowance for Credit Losses - Rollforward of the Reserve for Unfunded Commitments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Reserve for unfunded commitments:
Reserve for unfunded commitments, beginning balance	$ 28,958	$ 34,103
Provision		(4,881)
Reserve for unfunded commitments, ending balance	28,958	29,222	$ 28,958	$ 29,222
Commercial and Industrial
Reserve for unfunded commitments:
Reserve for unfunded commitments, beginning balance	9,308	16,129
Provision	(1,668)	(3,321)
Reserve for unfunded commitments, ending balance	7,640	12,808	7,640	12,808
Commercial real estate
Reserve for unfunded commitments:
Reserve for unfunded commitments, beginning balance	1,789	1,112
Provision	1,961	(134)
Reserve for unfunded commitments, ending balance	3,750	978	3,750	978
Construction
Reserve for unfunded commitments:
Reserve for unfunded commitments, beginning balance	8,046	8,313
Provision	(1,962)	(440)
Reserve for unfunded commitments, ending balance	6,084	7,873	6,084	7,873
Residential mortgage
Reserve for unfunded commitments:
Reserve for unfunded commitments, beginning balance	3
Provision	29
Reserve for unfunded commitments, ending balance	32		32
Home equity line
Reserve for unfunded commitments:
Reserve for unfunded commitments, beginning balance	9,766	8,500
Provision	1,657	(979)
Reserve for unfunded commitments, ending balance	11,423	7,521	11,423	7,521
Consumer
Reserve for unfunded commitments:
Reserve for unfunded commitments, beginning balance	46	49
Provision	(17)	(7)
Reserve for unfunded commitments, ending balance	29	42	29	42
Reserve for unfunded commitments
Reserve for unfunded commitments:
Reserve for unfunded commitments, beginning balance			30,322	30,603
Provision			(1,364)	(1,381)
Reserve for unfunded commitments, ending balance	28,958	29,222	28,958	29,222
Reserve for unfunded commitments \| Commercial and Industrial
Reserve for unfunded commitments:
Reserve for unfunded commitments, beginning balance			8,615	11,719
Provision			(975)	1,089
Reserve for unfunded commitments, ending balance	7,640	12,808	7,640	12,808
Reserve for unfunded commitments \| Commercial real estate
Reserve for unfunded commitments:
Reserve for unfunded commitments, beginning balance			2,114	1,328
Provision			1,636	(350)
Reserve for unfunded commitments, ending balance	3,750	978	3,750	978
Reserve for unfunded commitments \| Construction
Reserve for unfunded commitments:
Reserve for unfunded commitments, beginning balance			8,963	9,037
Provision			(2,879)	(1,164)
Reserve for unfunded commitments, ending balance	6,084	7,873	6,084	7,873
Reserve for unfunded commitments \| Residential mortgage
Reserve for unfunded commitments:
Reserve for unfunded commitments, beginning balance			15	2
Provision			17	(2)
Reserve for unfunded commitments, ending balance	32		32
Reserve for unfunded commitments \| Home equity line
Reserve for unfunded commitments:
Reserve for unfunded commitments, beginning balance			10,546	8,452
Provision			877	(931)
Reserve for unfunded commitments, ending balance	11,423	7,521	11,423	7,521
Reserve for unfunded commitments \| Consumer
Reserve for unfunded commitments:
Reserve for unfunded commitments, beginning balance			69	65
Provision			(40)	(23)
Reserve for unfunded commitments, ending balance	$ 29	$ 42	$ 29	$ 42

Allowance for Credit Losses -_2

Allowance for Credit Losses - Amortized Cost Basis by Year of Origination and Credit Quality Indicator (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Credit quality
Total loans and leases	$ 13,262,781,000	$ 12,961,999,000
Loss
Credit quality
Total loans and leases	0	0
Residential mortgage
Credit quality
2021/2022	437,142,000	1,304,978,000
2020/2021	1,250,161,000	753,668,000
2019/2020	704,669,000	363,415,000
2018/2019	326,199,000	266,368,000
2017/2018	233,184,000	332,041,000
Prior	1,255,103,000	1,062,135,000
Revolving Loans Amortized Cost Basis	4,999,000	44,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	1,311,000	718,000
Total loans and leases	4,212,768,000	4,083,367,000
Residential mortgage \| 740 and greater
Credit quality
2021/2022	352,342,000	1,101,958,000
2020/2021	1,069,214,000	635,061,000
2019/2020	587,478,000	286,993,000
2018/2019	252,428,000	198,622,000
2017/2018	178,752,000	251,906,000
Prior	974,057,000	829,175,000
Total loans and leases	3,414,271,000	3,303,715,000
Residential mortgage \| 680 - 739
Credit quality
2021/2022	46,224,000	140,997,000
2020/2021	124,306,000	81,590,000
2019/2020	79,422,000	45,163,000
2018/2019	45,117,000	27,315,000
2017/2018	21,882,000	32,855,000
Prior	144,226,000	125,906,000
Total loans and leases	461,177,000	453,826,000
Residential mortgage \| 620 - 679
Credit quality
2021/2022	5,305,000	15,781,000
2020/2021	19,143,000	11,943,000
2019/2020	14,291,000	5,268,000
2018/2019	5,405,000	10,149,000
2017/2018	3,892,000	9,069,000
Prior	38,470,000	37,404,000
Total loans and leases	86,506,000	89,614,000
Residential mortgage \| 550 - 619
Credit quality
2021/2022	169,000	1,735,000
2020/2021	1,943,000	873,000
2019/2020	294,000	698,000
2018/2019	226,000	533,000
2017/2018	2,073,000	2,033,000
Prior	8,017,000	7,475,000
Total loans and leases	12,722,000	13,347,000
Residential mortgage \| Less than 550
Credit quality
2021/2022	2,085,000
2020/2021	1,242,000
2019/2020	60,000
2018/2019		345,000
2017/2018	340,000	2,603,000
Prior	4,656,000	2,838,000
Total loans and leases	8,383,000	5,786,000
Residential mortgage \| No Score
Credit quality
2021/2022	10,652,000	18,882,000
2020/2021	14,868,000	7,938,000
2019/2020	7,544,000	15,051,000
2018/2019	13,471,000	18,107,000
2017/2018	16,488,000	17,333,000
Prior	54,373,000	42,185,000
Total loans and leases	117,396,000	119,496,000
Residential mortgage \| Fico Other
Credit quality
2021/2022	20,365,000	25,625,000
2020/2021	19,445,000	16,263,000
2019/2020	15,580,000	10,242,000
2018/2019	9,552,000	11,297,000
2017/2018	9,757,000	16,242,000
Prior	31,304,000	17,152,000
Revolving Loans Amortized Cost Basis	4,999,000	44,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	1,311,000	718,000
Total loans and leases	112,313,000	97,583,000
Home equity line
Credit quality
Revolving Loans Amortized Cost Basis	961,690,000	867,251,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	9,879,000	9,357,000
Total loans and leases	971,569,000	876,608,000
Home equity line \| 740 and greater
Credit quality
Revolving Loans Amortized Cost Basis	748,148,000	671,566,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	2,227,000	1,873,000
Total loans and leases	750,375,000	673,439,000
Home equity line \| 680 - 739
Credit quality
Revolving Loans Amortized Cost Basis	157,042,000	141,889,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	3,106,000	3,968,000
Total loans and leases	160,148,000	145,857,000
Home equity line \| 620 - 679
Credit quality
Revolving Loans Amortized Cost Basis	40,070,000	37,815,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	2,454,000	2,500,000
Total loans and leases	42,524,000	40,315,000
Home equity line \| 550 - 619
Credit quality
Revolving Loans Amortized Cost Basis	9,202,000	9,090,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	1,601,000	948,000
Total loans and leases	10,803,000	10,038,000
Home equity line \| Less than 550
Credit quality
Revolving Loans Amortized Cost Basis	1,159,000	2,574,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	491,000	68,000
Total loans and leases	1,650,000	2,642,000
Home equity line \| No Score
Credit quality
Revolving Loans Amortized Cost Basis	6,069,000	4,317,000
Total loans and leases	6,069,000	4,317,000
Total loans
Credit quality
2021/2022	1,464,991,000	3,157,488,000
2020/2021	2,889,385,000	1,588,735,000
2019/2020	1,451,390,000	1,632,764,000
2018/2019	1,355,953,000	1,164,714,000
2017/2018	973,418,000	954,259,000
Prior	2,933,309,000	2,359,432,000
Revolving Loans Amortized Cost Basis	2,159,463,000	2,033,383,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	34,872,000	71,224,000
Total loans and leases	13,262,781,000	12,961,999,000
Residential. Mortgage
Credit quality
Total loans and leases	4,212,768,000	4,083,367,000
Home equity Line
Credit quality
Total loans and leases	971,569,000	876,608,000
Consumer
Credit quality
2021/2022	185,402,000	306,140,000
2020/2021	261,161,000	174,166,000
2019/2020	140,273,000	184,913,000
2018/2019	139,876,000	124,197,000
2017/2018	85,721,000	67,459,000
Prior	54,270,000	24,158,000
Revolving Loans Amortized Cost Basis	336,749,000	344,870,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	3,599,000	4,036,000
Total loans and leases	1,207,051,000	1,229,939,000
Consumer \| 740 and greater
Credit quality
2021/2022	115,911,000	155,929,000
2020/2021	132,565,000	83,337,000
2019/2020	66,828,000	79,617,000
2018/2019	59,155,000	56,707,000
2017/2018	38,001,000	24,525,000
Prior	17,426,000	8,067,000
Revolving Loans Amortized Cost Basis	117,266,000	117,843,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	203,000	209,000
Total loans and leases	547,355,000	526,234,000
Consumer \| 680 - 739
Credit quality
2021/2022	53,590,000	93,214,000
2020/2021	80,240,000	56,327,000
2019/2020	45,783,000	55,126,000
2018/2019	41,393,000	34,049,000
2017/2018	23,562,000	17,527,000
Prior	13,947,000	6,315,000
Revolving Loans Amortized Cost Basis	67,636,000	69,366,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	566,000	707,000
Total loans and leases	326,717,000	332,631,000
Consumer \| 620 - 679
Credit quality
2021/2022	11,760,000	41,671,000
2020/2021	35,430,000	21,986,000
2019/2020	17,746,000	28,491,000
2018/2019	22,180,000	19,403,000
2017/2018	13,928,000	12,952,000
Prior	11,374,000	5,324,000
Revolving Loans Amortized Cost Basis	30,079,000	31,165,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	1,018,000	1,175,000
Total loans and leases	143,515,000	162,167,000
Consumer \| 550 - 619
Credit quality
2021/2022	1,000,000	7,836,000
2020/2021	6,548,000	8,265,000
2019/2020	6,576,000	13,265,000
2018/2019	10,400,000	10,497,000
2017/2018	7,652,000	7,469,000
Prior	6,801,000	3,244,000
Revolving Loans Amortized Cost Basis	10,044,000	10,359,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	1,026,000	1,089,000
Total loans and leases	50,047,000	62,024,000
Consumer \| Less than 550
Credit quality
2021/2022	379,000	2,272,000
2020/2021	1,758,000	3,867,000
2019/2020	2,973,000	6,646,000
2018/2019	5,022,000	3,484,000
2017/2018	2,547,000	2,739,000
Prior	2,525,000	1,175,000
Revolving Loans Amortized Cost Basis	3,047,000	3,195,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	483,000	536,000
Total loans and leases	18,734,000	23,914,000
Consumer \| No Score
Credit quality
2021/2022	1,087,000	481,000
2020/2021	402,000	19,000
2019/2020	9,000	56,000
2018/2019	52,000	40,000
2017/2018	31,000	65,000
Prior	45,000	2,000
Revolving Loans Amortized Cost Basis	37,536,000	35,414,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	303,000	320,000
Total loans and leases	39,465,000	36,397,000
Consumer \| Fico Other
Credit quality
2021/2022	1,675,000	4,737,000
2020/2021	4,218,000	365,000
2019/2020	358,000	1,712,000
2018/2019	1,674,000	17,000
2017/2018		2,182,000
Prior	2,152,000	31,000
Revolving Loans Amortized Cost Basis	71,141,000	77,528,000
Total loans and leases	81,218,000	86,572,000
Residential Mortgage.
Credit quality
2021/2022	437,142,000	1,304,978,000
2020/2021	1,250,161,000	753,668,000
2019/2020	704,669,000	363,415,000
2018/2019	326,199,000	266,368,000
2017/2018	233,184,000	332,041,000
Prior	1,255,103,000	1,062,135,000
Revolving Loans Amortized Cost Basis	966,689,000	867,295,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	11,190,000	10,075,000
Total loans and leases	5,184,337,000	4,959,975,000
Commercial and Industrial
Credit quality
2021/2022	231,926,000	637,126,000
2020/2021	432,230,000	142,497,000
2019/2020	80,863,000	237,293,000
2018/2019	191,968,000	106,699,000
2017/2018	65,428,000	32,409,000
Prior	164,397,000	177,825,000
Revolving Loans Amortized Cost Basis	755,237,000	711,028,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	20,083,000	42,222,000
Total loans and leases	1,942,132,000	2,087,099,000
Commercial and Industrial \| Pass
Credit quality
2021/2022	216,303,000	623,098,000
2020/2021	421,981,000	129,665,000
2019/2020	66,601,000	223,388,000
2018/2019	182,175,000	88,409,000
2017/2018	60,586,000	29,380,000
Prior	156,647,000	168,591,000
Revolving Loans Amortized Cost Basis	697,256,000	644,947,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	19,128,000	40,193,000
Total loans and leases	1,820,677,000	1,947,671,000
Commercial and Industrial \| Special mention
Credit quality
2021/2022	2,816,000	397,000
2020/2021	316,000	4,382,000
2019/2020	1,628,000	4,213,000
2018/2019	2,822,000	12,552,000
2017/2018	748,000	974,000
Prior	5,295,000	5,313,000
Revolving Loans Amortized Cost Basis	1,073,000	4,804,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	841,000	986,000
Total loans and leases	15,539,000	33,621,000
Commercial and Industrial \| Substandard
Credit quality
2021/2022		354,000
2020/2021	320,000	1,380,000
2019/2020	1,103,000	1,951,000
2018/2019	1,605,000	1,285,000
2017/2018	1,019,000	60,000
Prior	879,000	3,551,000
Revolving Loans Amortized Cost Basis	16,214,000	17,893,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	114,000	1,043,000
Total loans and leases	21,254,000	27,517,000
Commercial and Industrial \| Other Indicator
Credit quality
2021/2022	12,807,000	13,277,000
2020/2021	9,613,000	7,070,000
2019/2020	11,531,000	7,741,000
2018/2019	5,366,000	4,453,000
2017/2018	3,075,000	1,995,000
Prior	1,576,000	370,000
Revolving Loans Amortized Cost Basis	40,694,000	43,384,000
Total loans and leases	84,662,000	78,290,000
Commercial real estate
Credit quality
2021/2022	516,062,000	693,370,000
2020/2021	695,446,000	338,140,000
2019/2020	339,133,000	582,386,000
2018/2019	563,991,000	496,985,000
2017/2018	461,114,000	440,863,000
Prior	1,296,210,000	986,450,000
Revolving Loans Amortized Cost Basis	84,872,000	86,538,000
Revolving Loans Converted to Term Loans Amortized Cost Basis		14,891,000
Total loans and leases	3,956,828,000	3,639,623,000
Commercial real estate \| Pass
Credit quality
2021/2022	516,062,000	693,370,000
2020/2021	695,446,000	338,140,000
2019/2020	338,391,000	533,887,000
2018/2019	516,210,000	487,739,000
2017/2018	459,372,000	415,186,000
Prior	1,270,438,000	940,732,000
Revolving Loans Amortized Cost Basis	84,174,000	78,479,000
Revolving Loans Converted to Term Loans Amortized Cost Basis		14,891,000
Total loans and leases	3,880,093,000	3,502,424,000
Commercial real estate \| Special mention
Credit quality
2019/2020	562,000	48,499,000
2018/2019	47,781,000	7,470,000
2017/2018		25,513,000
Prior	11,140,000	30,255,000
Revolving Loans Amortized Cost Basis	695,000	7,600,000
Total loans and leases	60,178,000	119,337,000
Commercial real estate \| Substandard
Credit quality
2019/2020	180,000
2018/2019		1,776,000
2017/2018	1,742,000	164,000
Prior	14,476,000	15,303,000
Revolving Loans Amortized Cost Basis	3,000	459,000
Total loans and leases	16,401,000	17,702,000
Commercial real estate \| Other Indicator
Credit quality
Prior	156,000	160,000
Total loans and leases	156,000	160,000
Construction
Credit quality
2021/2022	52,803,000	181,393,000
2020/2021	223,117,000	116,642,000
2019/2020	133,726,000	214,875,000
2018/2019	88,556,000	160,689,000
2017/2018	120,145,000	65,454,000
Prior	93,508,000	51,264,000
Revolving Loans Amortized Cost Basis	15,916,000	23,652,000
Total loans and leases	727,771,000	813,969,000
Construction \| Pass
Credit quality
2021/2022	39,575,000	154,558,000
2020/2021	193,588,000	107,767,000
2019/2020	127,677,000	210,314,000
2018/2019	85,471,000	155,311,000
2017/2018	115,881,000	62,770,000
Prior	88,509,000	48,021,000
Revolving Loans Amortized Cost Basis	14,965,000	22,859,000
Total loans and leases	665,666,000	761,600,000
Construction \| Special mention
Credit quality
2019/2020		244,000
2018/2019	236,000	707,000
Prior	350,000	356,000
Total loans and leases	586,000	1,307,000
Construction \| Substandard
Credit quality
2018/2019		363,000
2017/2018	351,000
Prior	498,000	839,000
Total loans and leases	849,000	1,202,000
Construction \| Other Indicator
Credit quality
2021/2022	13,228,000	26,835,000
2020/2021	29,529,000	8,875,000
2019/2020	6,049,000	4,317,000
2018/2019	2,849,000	4,308,000
2017/2018	3,913,000	2,684,000
Prior	4,151,000	2,048,000
Revolving Loans Amortized Cost Basis	951,000	793,000
Total loans and leases	60,670,000	49,860,000
Lease financing
Credit quality
2021/2022	41,656,000	34,481,000
2020/2021	27,270,000	63,622,000
2019/2020	52,726,000	49,882,000
2018/2019	45,363,000	9,776,000
2017/2018	7,826,000	16,033,000
Prior	69,821,000	57,600,000
Total loans and leases	244,662,000	231,394,000
Lease financing \| Pass
Credit quality
2021/2022	41,656,000	33,980,000
2020/2021	26,813,000	60,650,000
2019/2020	49,889,000	48,236,000
2018/2019	43,989,000	9,449,000
2017/2018	7,801,000	15,009,000
Prior	68,457,000	57,130,000
Total loans and leases	238,605,000	224,454,000
Lease financing \| Special mention
Credit quality
2021/2022		501,000
2020/2021	457,000	2,702,000
2019/2020	2,642,000	1,506,000
2018/2019	1,358,000	311,000
2017/2018	11,000	153,000
Prior	17,000
Total loans and leases	4,485,000	5,173,000
Lease financing \| Substandard
Credit quality
2020/2021		270,000
2019/2020	195,000	140,000
2018/2019	16,000	16,000
2017/2018	14,000	871,000
Prior	1,347,000	470,000
Total loans and leases	1,572,000	1,767,000
Commercial Lending
Credit quality
2021/2022	842,447,000	1,546,370,000
2020/2021	1,378,063,000	660,901,000
2019/2020	606,448,000	1,084,436,000
2018/2019	889,878,000	774,149,000
2017/2018	654,513,000	554,759,000
Prior	1,623,936,000	1,273,139,000
Revolving Loans Amortized Cost Basis	856,025,000	821,218,000
Revolving Loans Converted to Term Loans Amortized Cost Basis	20,083,000	57,113,000
Total loans and leases	$ 6,871,393,000	$ 6,772,085,000

Allowance for Credit Losses -_3

Allowance for Credit Losses - Amortized Cost Basis of Revolving Loans that Were Converted to Term Loans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Credit quality
Total Revolving Loans Converted to Term Loans During the Period	$ 1,670	$ 1,011	$ 3,242	$ 2,812
Commercial and Industrial
Credit quality
Total Revolving Loans Converted to Term Loans During the Period	277	30	480	259
Home equity Line
Credit quality
Total Revolving Loans Converted to Term Loans During the Period	1,057	538	2,072	1,617
Consumer
Credit quality
Total Revolving Loans Converted to Term Loans During the Period	$ 336	$ 443	$ 690	$ 936

Allowance for Credit Losses -_4

Allowance for Credit Losses - Aging of Analysis of Past Due Loans and Leases (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Financing Receivable, Recorded Investment, Past Due
Loans and leases	$ 13,262,781	$ 12,961,999
Loans and Leases Past Due 90 Days or More and Still Accruing Interest	5,765	7,208
30 - 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	47,858	23,090
60 - 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	6,815	6,101
90 Days or Greater Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	10,265	12,416
Total Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	64,938	41,607
Current
Financing Receivable, Recorded Investment, Past Due
Loans and leases	13,197,843	12,920,392
Commercial and Industrial
Financing Receivable, Recorded Investment, Past Due
Loans and leases	1,942,132	2,087,099
Loans and Leases Past Due 90 Days or More and Still Accruing Interest	2,230	740
Commercial and Industrial \| 30 - 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	4,848	1,195
Commercial and Industrial \| 60 - 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	630	1,195
Commercial and Industrial \| 90 Days or Greater Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	2,798	1,318
Commercial and Industrial \| Total Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	8,276	3,708
Commercial and Industrial \| Current
Financing Receivable, Recorded Investment, Past Due
Loans and leases	1,933,856	2,083,391
Commercial real estate
Financing Receivable, Recorded Investment, Past Due
Loans and leases	3,956,828	3,639,623
Loans and Leases Past Due 90 Days or More and Still Accruing Interest	176
Commercial real estate \| 30 - 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	5,101	631
Commercial real estate \| 90 Days or Greater Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	903
Commercial real estate \| Total Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	6,004	631
Commercial real estate \| Current
Financing Receivable, Recorded Investment, Past Due
Loans and leases	3,950,824	3,638,992
Construction
Financing Receivable, Recorded Investment, Past Due
Loans and leases	727,771	813,969
Loans and Leases Past Due 90 Days or More and Still Accruing Interest	352
Construction \| 30 - 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	93	162
Construction \| 90 Days or Greater Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	352
Construction \| Total Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	445	162
Construction \| Current
Financing Receivable, Recorded Investment, Past Due
Loans and leases	727,326	813,807
Lease financing
Financing Receivable, Recorded Investment, Past Due
Loans and leases	244,662	231,394
Lease financing \| Current
Financing Receivable, Recorded Investment, Past Due
Loans and leases	244,662	231,394
Residential. Mortgage
Financing Receivable, Recorded Investment, Past Due
Loans and leases	4,212,768	4,083,367
Loans and Leases Past Due 90 Days or More and Still Accruing Interest	750	987
Residential. Mortgage \| 30 - 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	4,445	3,030
Residential. Mortgage \| 60 - 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	2,090	1,002
Residential. Mortgage \| 90 Days or Greater Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	3,955	5,617
Residential. Mortgage \| Total Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	10,490	9,649
Residential. Mortgage \| Current
Financing Receivable, Recorded Investment, Past Due
Loans and leases	4,202,278	4,073,718
Home equity Line
Financing Receivable, Recorded Investment, Past Due
Loans and leases	971,569	876,608
Loans and Leases Past Due 90 Days or More and Still Accruing Interest	1,039	3,681
Home equity Line \| 30 - 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	8,627	1,538
Home equity Line \| 60 - 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	551	538
Home equity Line \| 90 Days or Greater Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	1,039	3,681
Home equity Line \| Total Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	10,217	5,757
Home equity Line \| Current
Financing Receivable, Recorded Investment, Past Due
Loans and leases	961,352	870,851
Consumer
Financing Receivable, Recorded Investment, Past Due
Loans and leases	1,207,051	1,229,939
Loans and Leases Past Due 90 Days or More and Still Accruing Interest	1,218	1,800
Consumer \| 30 - 59 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	24,744	16,534
Consumer \| 60 - 89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	3,544	3,366
Consumer \| 90 Days or Greater Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	1,218	1,800
Consumer \| Total Past Due
Financing Receivable, Recorded Investment, Past Due
Loans and leases	29,506	21,700
Consumer \| Current
Financing Receivable, Recorded Investment, Past Due
Loans and leases	1,177,545	1,208,239
Residential mortgage
Financing Receivable, Recorded Investment, Past Due
Loans and leases	4,212,768	4,083,367
Home equity line
Financing Receivable, Recorded Investment, Past Due
Loans and leases	$ 971,569	$ 876,608

Allowance for Credit Losses -_5

Allowance for Credit Losses - Amortized Cost Basis of Loans and Leases on Nonaccrual Status (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual Loans and Leases With No Allowance for Credit Losses	$ 2,880		$ 2,880		$ 1,919
Nonaccrual Loans and Leases	7,859		7,859		7,082
Interest income recognized on nonaccrual loans and leases	100	$ 100	100	$ 200
Accrued interest receivables written off, Interest income reversed	200	$ 100	400	$ 500
Commercial and Industrial
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual Loans and Leases	682		682		718
Commercial real estate
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual Loans and Leases With No Allowance for Credit Losses	727		727		727
Nonaccrual Loans and Leases	727		727		727
Residential. Mortgage
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual Loans and Leases With No Allowance for Credit Losses	2,153		2,153		1,192
Nonaccrual Loans and Leases	$ 6,450		$ 6,450		$ 5,637

Allowance for Credit Losses - C

Allowance for Credit Losses - Collateral-Dependent Loans and Leases (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Allowance for Credit Losses
Amortized cost basis of collateral dependent loans	$ 7.6	$ 7.5

Allowance for Credit Losses - T

Allowance for Credit Losses - Troubled Debt Restructuring Modifications (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($) contract loan	Jun. 30, 2021 USD ($) contract	Jun. 30, 2022 USD ($) loan contract	Jun. 30, 2021 USD ($) contract	Dec. 31, 2021 USD ($)
Troubled debt restructuring modifications
Number of Contracts \| contract	67	191	202	1,759,000
Recorded Investment	$ 774	$ 3,176	$ 2,367	$ 25,132
Related ACL	177	$ 661	380	$ 2,868
Aggregate commitments to extend credit, standby letters of credit and commercial letters of credit	6,800,000		6,800,000		$ 6,700,000
Commitments related to borrowers who had loan terms modified in a TDR	$ 100		$ 100		200
Loans modified in TDRs that experienced a payment default
Number of Contracts, Defaulted TDRs \| contract	153	136	232	162
Recorded Investment, Defaulted TDRs	$ 2,738	$ 2,315	$ 3,905	$ 3,379
Commercial and Industrial
Troubled debt restructuring modifications
Number of Contracts \| contract		1		15
Recorded Investment		$ 246		$ 2,545
Related ACL		$ 13		$ 170
Loans modified in TDRs that experienced a payment default
Number of Contracts, Defaulted TDRs \| contract	2		3	2
Recorded Investment, Defaulted TDRs	$ 541		$ 655	$ 387
Commercial real estate
Troubled debt restructuring modifications
Number of Contracts \| contract		1		1
Recorded Investment		$ 382		$ 382
Related ACL		$ 98		$ 98
Consumer
Troubled debt restructuring modifications
Number of Contracts \| contract	66	186	201	1,728
Recorded Investment	$ 514	$ 1,797	$ 2,107	$ 15,868
Related ACL	$ 143	$ 407	$ 346	$ 2,274
Loans modified in TDRs that experienced a payment default
Number of Contracts, Defaulted TDRs \| contract	151	135	229	158
Recorded Investment, Defaulted TDRs	$ 2,197	$ 1,944	$ 3,250	$ 2,260
Construction
Troubled debt restructuring modifications
Number of Contracts \| contract				2
Recorded Investment				$ 708
Related ACL				$ 86
Loans modified in TDRs that experienced a payment default
Number of Contracts, Defaulted TDRs \| contract				1
Recorded Investment, Defaulted TDRs				$ 361
Residential Mortgage.
Troubled debt restructuring modifications
Number of Contracts \| contract	1	3	1	13
Recorded Investment	$ 260	$ 751	$ 260	$ 5,629
Related ACL	34	$ 143	34	$ 240
Loans modified in TDRs that experienced a payment default
Number of Contracts, Defaulted TDRs \| contract		1		1
Recorded Investment, Defaulted TDRs		$ 371		$ 371
Real estate property held from a foreclosed TDR	$ 300		$ 300		300
Residential Mortgage. \| Real estate property held from foreclosed TDR
Loans modified in TDRs that experienced a payment default
Number of real estate properties \| loan	0		0
Real estate property held from a foreclosed TDR					200
Commitments to extend credit
Troubled debt restructuring modifications
Aggregate commitments to extend credit, standby letters of credit and commercial letters of credit	$ 6,584,364		$ 6,584,364		6,490,301
Standby letters of credit
Troubled debt restructuring modifications
Aggregate commitments to extend credit, standby letters of credit and commercial letters of credit	232,024		232,024		182,447
Commercial letters of credit
Troubled debt restructuring modifications
Aggregate commitments to extend credit, standby letters of credit and commercial letters of credit	$ 3,409		$ 3,409		$ 3,307

Mortgage Servicing Rights - Est

Mortgage Servicing Rights - Estimated Future Amortization Expenses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Other Intangible Assets
Unpaid principal amount of consumer loans serviced for others	$ 1,500,000		$ 1,500,000		$ 1,700,000
Contractually specified fees, late charges, and ancillary fees	1,000	$ 1,200	2,000	$ 2,500
Amortization of mortgage servicing rights	518	$ 1,283	1,255	$ 1,829
Details of MSRs
Gross carrying amount	69,207		69,207		69,103
Less: accumulated amortization	62,055		62,055		60,801
Net carrying value	7,152		7,152		$ 8,302
Mortgage servicing assets
Estimated future amortization expenses for MSRs over the next five years
Under one year	1,075		1,075
One to two years	942		942
Two to three years	826		826
Three to four years	722		722
Four to five years	$ 632		$ 632

Mortgage Servicing Rights - Cha

Mortgage Servicing Rights - Changes in Amortized MSRs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Changes in amortized mortgage servicing rights
Balance at beginning of period	$ 7,650	$ 10,869	$ 8,302	$ 10,731
Originations	20	421	105	1,105
Amortization	(518)	(1,283)	(1,255)	(1,829)
Balance at end of period	7,152	10,007	7,152	10,007
Fair value of amortized MSRs at beginning of period	13,585	14,921	12,243	14,029
Fair value of amortized MSRs at end of period	14,969	13,480	14,969	13,480
Impairment of MSRs recorded	$ 0	$ 0	$ 0	$ 0

Mortgage Servicing Rights - Qua

Mortgage Servicing Rights - Quantitative Assumptions Used for MSRs (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Minimum
Quantitative assumptions used in determining lower of cost or fair value of MSRs
Conditional prepayment rate (as a percent)	8.09%	13.77%
Life in years (of the MSR)	2 years 4 months 20 days	1 year 11 months 26 days
Weighted-average coupon rate (as a percent)	3.55%	3.58%
Discount rate (as a percent)	10%	10%
Maximum
Quantitative assumptions used in determining lower of cost or fair value of MSRs
Conditional prepayment rate (as a percent)	25.35%	25.19%
Life in years (of the MSR)	7 years 1 month 9 days	5 years 3 months 21 days
Weighted-average coupon rate (as a percent)	6.37%	6.56%
Discount rate (as a percent)	10.01%	10.01%
Weighted Average
Quantitative assumptions used in determining lower of cost or fair value of MSRs
Conditional prepayment rate (as a percent)	8.45%	14.61%
Life in years (of the MSR)	6 years 10 months 13 days	5 years 10 days
Weighted-average coupon rate (as a percent)	3.68%	3.71%
Discount rate (as a percent)	10%	10%

Transfers of Financial Assets -

Transfers of Financial Assets - Carrying Amounts of Assets Pledged as Collateral, Borrowings and Other Transactions (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Carrying amounts of the assets pledged as collateral
Public deposits	$ 2,402,529	$ 1,913,369
Federal Home Loan Bank	2,161,017	2,380,042
Federal Reserve Bank	1,711,775	1,724,279
ACH transactions	118,408	115,038
Interest rate swaps	29,762	48,430
Total	6,423,491	6,181,158
Securities for reverse repurchase agreements	0	0
Extinguishment of debt
In-substance debt defeasance	0	0
FHLB fixed-rate advances
Carrying amounts of the assets pledged as collateral
Borrowing capacity	1,600,000	1,800,000
Federal Reserve Bank line of credit
Carrying amounts of the assets pledged as collateral
Borrowing capacity	$ 1,300,000	$ 1,100,000

Deposits - Interest-bearing or

Deposits - Interest-bearing or Noninterest-bearing (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
U.S.:
Interest-bearing	$ 12,115,934	$ 11,553,298
Noninterest-bearing	8,667,756	8,498,187
Foreign:
Interest-bearing	874,637	868,985
Noninterest-bearing	943,127	895,676
Total deposits	$ 22,601,454	$ 21,816,146

Deposits - Maturity Distributio

Deposits - Maturity Distribution of Time Certificates of Deposits (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Maturity distribution of time certificates of deposit
Three months or less	$ 351,797
Over three through six months	381,346
Over six through twelve months	655,491
2023	110,530
2024	60,867
2025	60,892
2026	45,641
Thereafter	1,116
Total	1,667,680
Under $250,000
Maturity distribution of time certificates of deposit
Three months or less	171,772
Over three through six months	182,045
Over six through twelve months	361,888
2023	89,003
2024	49,814
2025	43,595
2026	38,887
Thereafter	416
Total	937,420
$250,000 or More
Maturity distribution of time certificates of deposit
Three months or less	180,025
Over three through six months	199,301
Over six through twelve months	293,603
2023	21,527
2024	11,053
2025	17,297
2026	6,754
Thereafter	700
Total	$ 730,260

Deposits - Time Certificate Den

Deposits - Time Certificate Denominations and Overdrawn Accounts (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Deposits
Time certificates of deposit in denominations of $250,000 or more, in the aggregate	$ 700	$ 800
Overdrawn deposit accounts classified as loans	$ 7	$ 2.1

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss - Changes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Pre-tax Amount
Reclassification of net losses (gains) to net income, Pre-tax Amount				$ (102)
Other comprehensive income (loss), Pre-tax Amount	$ (73,584)	$ 18,729	$ (613,385)	(83,607)
Income Tax Benefit (Expense)
Reclassification of net gains (losses) to net income, Income Tax Benefit (Expense)				27
Other comprehensive income (loss), Income Tax Benefit (Expense)	19,629	(4,996)	163,621	22,301
Net of tax
Balance	2,285,149	2,683,630	2,656,912	2,744,104
Reclassification of net (gains) losses to net income, Net of tax				(75)
Other comprehensive (loss) income	(53,955)	13,733	(449,764)	(61,306)
Balance	2,252,611	2,731,341	2,252,611	2,731,341
Accumulated Other Comprehensive Income (Loss)
Pre-tax Amount
Accumulated other comprehensive income (loss), beginning balance, Pre-tax Amount	(705,768)	(59,238)	(165,967)	43,098
Accumulated other comprehensive (loss) income, ending balance, Pre-tax Amount	(779,352)	(40,509)	(779,352)	(40,509)
Income Tax Benefit (Expense)
Accumulated other comprehensive income (loss), beginning balance, Income Tax Benefit (Expense)	188,266	15,803	44,274	(11,494)
Accumulated other comprehensive loss, ending balance, Income Tax Benefit (Expense)	207,895	10,807	207,895	10,807
Net of tax
Balance	(517,502)	(43,435)	(121,693)	31,604
Other comprehensive (loss) income	(53,955)	13,733	(449,764)	(61,306)
Balance	(571,457)	(29,702)	(571,457)	(29,702)
Pensions and Other Benefits
Net of tax
Balance	(24,390)	(31,737)	(24,390)	(31,737)
Balance	(24,390)	(31,737)	(24,390)	(31,737)
Investment Securities
Pre-tax Amount
Unrealized net gains (losses) arising during the period, Pre-tax Amount	(91,352)	18,831	(629,437)	(83,505)
Reclassification of net losses (gains) to net income, Pre-tax Amount	19,929	(102)	19,929
Other comprehensive income (loss), Pre-tax Amount	(71,423)	18,729	(609,508)	(83,607)
Income Tax Benefit (Expense)
Unrealized net losses (gains) arising during the period, Income Tax Benefit (Expense)	24,369	(5,023)	167,903	22,274
Reclassification of net gains (losses) to net income, Income Tax Benefit (Expense)	(5,317)	27	(5,317)
Other comprehensive income (loss), Income Tax Benefit (Expense)	19,052	(4,996)	162,586	22,301
Net of tax
Unrealized net (losses) gains arising during the period, Net of tax	(66,983)	13,808	(461,534)	(61,231)
Reclassification of net (gains) losses to net income, Net of tax	14,612	(75)	14,612
Other comprehensive (loss) income	(52,371)	13,733	(446,922)	(61,306)
Available-for-sale Investment securities
Net of tax
Balance	(491,854)	(11,698)	(97,303)	63,341
Other comprehensive (loss) income	(66,983)	13,733	(461,534)	(61,306)
Balance	(220,021)	$ 2,035	(220,021)	$ 2,035
Cash Flow Derivative Hedges
Pre-tax Amount
Unrealized net gains (losses) arising during the period, Pre-tax Amount	(1,523)		(3,239)
Reclassification of net losses (gains) to net income, Pre-tax Amount	(638)		(638)
Other comprehensive income (loss), Pre-tax Amount	(2,161)		(3,877)
Income Tax Benefit (Expense)
Unrealized net losses (gains) arising during the period, Income Tax Benefit (Expense)	407		865
Reclassification of net gains (losses) to net income, Income Tax Benefit (Expense)	(170)		(170)
Other comprehensive income (loss), Income Tax Benefit (Expense)	577		1,035
Net of tax
Balance	(1,258)
Unrealized net (losses) gains arising during the period, Net of tax	(1,116)		(2,374)
Reclassification of net (gains) losses to net income, Net of tax	(468)		(468)
Other comprehensive (loss) income	(1,584)		(2,842)
Balance	$ (2,842)		$ (2,842)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Loss - Changes, Net of Tax (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Net of tax
Balance	$ 2,285,149	$ 2,683,630	$ 2,656,912	$ 2,744,104
Unrealized net losses related to the transfer of securities from available-for-sale to held-to-maturity	338,800		338,800
Other comprehensive loss	(53,955)	13,733	(449,764)	(61,306)
Balance	2,252,611	2,731,341	2,252,611	2,731,341
Reclassification of net losses (gains) to net income, Pre-tax Amount				102
Accumulated Other Comprehensive Income (Loss)
Net of tax
Balance	(517,502)	(43,435)	(121,693)	31,604
Other comprehensive loss	(53,955)	13,733	(449,764)	(61,306)
Balance	(571,457)	(29,702)	(571,457)	(29,702)
Pensions and Other Benefits
Net of tax
Balance	(24,390)	(31,737)	(24,390)	(31,737)
Balance	(24,390)	(31,737)	(24,390)	(31,737)
Investment Securities.
Net of tax
Other comprehensive loss	(52,371)	13,733	(446,922)	(61,306)
Reclassification of net losses (gains) to net income, Pre-tax Amount	(19,929)	102	(19,929)
Available-for-sale Investment securities
Net of tax
Balance	(491,854)	(11,698)	(97,303)	63,341
Unrealized net losses related to the transfer of securities from available-for-sale to held-to-maturity	338,816		338,816
Other comprehensive loss	(66,983)	13,733	(461,534)	(61,306)
Balance	(220,021)	$ 2,035	(220,021)	$ 2,035
Held-to-Maturity Investment Securities
Net of tax
Unrealized net losses related to the transfer of securities from available-for-sale to held-to-maturity	(338,816)		(338,816)
Other comprehensive loss	14,612		14,612
Balance	(324,204)		(324,204)
Cash Flow Derivative Hedges
Net of tax
Balance	(1,258)
Other comprehensive loss	(1,584)		(2,842)
Balance	(2,842)		(2,842)
Reclassification of net losses (gains) to net income, Pre-tax Amount	$ 638		$ 638

Regulatory Capital Requiremen_3

Regulatory Capital Requirements (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Common equity tier 1 capital to risk-weighted assets
Amount	$ 1,828,576	$ 1,783,113
Ratio (as a percent)	11.98%	12.24%
Minimum Capital Ratio (as a percent)	4.50	4.50
Well-Capitalized Ratio (as a percent)	6.50%	6.50%
Tier 1 capital to risk-weighted assets
Amount	$ 1,828,576	$ 1,783,113
Ratio (as a percent)	11.98	12.24
Minimum Capital Ratio (as a percent)	6	6
Well-Capitalized Ratio (percent)	8	8
Total capital to risk-weighted assets
Amount	$ 2,006,476	$ 1,965,280
Ratio (as a percent)	13.14	13.49
Minimum Capital Ratio (as a percent)	8	8
Well-Capitalized Ratio (as a percent)	10	10
Tier 1 capital to average assets (leverage ratio)
Amount	$ 1,828,576	$ 1,783,113
Ratio	7.54	7.24
Minimum Capital Ratio (as a percent)	4	4
Well-Capitalized Ratio (percent)	5	5
First Hawaiian Bank (FHB)
Common equity tier 1 capital to risk-weighted assets
Amount	$ 1,818,243	$ 1,769,214
Ratio (as a percent)	11.91%	12.14%
Tier 1 capital to risk-weighted assets
Amount	$ 1,818,243	$ 1,769,214
Ratio (as a percent)	11.91	12.14
Total capital to risk-weighted assets
Amount	$ 1,996,143	$ 1,951,377
Ratio (as a percent)	13.07	13.40
Tier 1 capital to average assets (leverage ratio)
Amount	$ 1,818,243	$ 1,769,214
Ratio	7.50	7.18

Regulatory Capital Requiremen_4

Regulatory Capital Requirements - Capital Conservation Buffer (Details)	Jun. 30, 2022	Dec. 31, 2021
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Effective CET1 capital to risk-weighted assets (as a percent)	4.50	4.50
Effective Tier 1 capital to risk-weighted assets (as a percent)	11.98	12.24
Effective total capital to risk-weighted assets (as a percent)	13.14	13.49
Capital conservation buffer
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Effective CET1 capital to risk-weighted assets (as a percent)	7
Effective Tier 1 capital to risk-weighted assets (as a percent)	8.5
Effective total capital to risk-weighted assets (as a percent)	10.5
Capital requirements above regulatory rate (as a percent)	2.50%

Derivative Financial Instrume_3

Derivative Financial Instruments - Notional Amounts and Fair Values (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Derivatives designated as hedging instruments \| Interest rate swaps
Notional amounts and fair values of derivatives
Notional Amount	$ 267,500	$ 67,500
Derivatives designated as hedging instruments \| Interest rate swaps \| Included in other assets
Notional amounts and fair values of derivatives
Asset Derivatives	4,932
Derivatives designated as hedging instruments \| Interest rate swaps \| Included in other liabilities
Notional amounts and fair values of derivatives
Liability Derivatives	(3,877)	(1,211)
Derivatives Not Designated as Hedging Instruments \| Interest rate swaps
Notional amounts and fair values of derivatives
Notional Amount	2,937,558	2,827,582
Derivatives Not Designated as Hedging Instruments \| Interest rate swaps \| Included in other assets
Notional amounts and fair values of derivatives
Asset Derivatives	5,454	50,898
Derivatives Not Designated as Hedging Instruments \| Interest rate swaps \| Included in other liabilities
Notional amounts and fair values of derivatives
Liability Derivatives	(23,984)
Derivatives Not Designated as Hedging Instruments \| Visa Derivative
Notional amounts and fair values of derivatives
Notional Amount	107,464	105,916
Derivatives Not Designated as Hedging Instruments \| Visa Derivative \| Included in other liabilities
Notional amounts and fair values of derivatives
Liability Derivatives	(3,786)	(5,530)
Derivatives Not Designated as Hedging Instruments \| Interest rate caps and floors
Notional amounts and fair values of derivatives
Notional Amount		148,800
Derivatives Not Designated as Hedging Instruments \| Interest rate caps and floors \| Included in other assets
Notional amounts and fair values of derivatives
Asset Derivatives		27
Derivatives Not Designated as Hedging Instruments \| Interest rate caps and floors \| Included in other liabilities
Notional amounts and fair values of derivatives
Liability Derivatives		(27)
Derivatives Not Designated as Hedging Instruments \| Foreign exchange contracts
Notional amounts and fair values of derivatives
Notional Amount	$ 232	$ 217

Derivative Financial Instrume_4

Derivative Financial Instruments - Clearinghouse Margin and Collateral (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Derivative contracts
Cash collateral received	$ 0.8	$ 1.7
Variation margin	18.5
Interest rate swaps
Derivative contracts
Cash collateral received	30.7
Financial instruments pledged as collateral	29.8	30.3
Cash pledged as collateral		18.1
Chicago Mercantile Exchange (CME) and London Clearing House (LCH)
Derivative contracts
Variation margin	$ 18.5	$ 50.9

Derivative Financial Instrume_5

Derivative Financial Instruments - Fair Value Hedges and Cash Flow Hedges (Details) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022 USD ($) derivative	Dec. 31, 2021 USD ($) derivative
Other comprehensive income (loss)
Fair hedges carried
Accumulated other comprehensive income (loss) into earnings	$ 2,200
Hedge term	2 years
Derivatives designated as hedging instruments \| Interest rate swaps
Fair hedges carried
Notional amounts	$ 267,500	$ 67,500
Derivatives designated as hedging instruments \| Interest rate swaps \| Fair value hedges
Fair hedges carried
Number of interest rate swaps \| derivative	1	1
Notional amounts	$ 67,500	$ 67,500
Positive fair value	$ 4,900
Negative fair value		$ 1,000
Fixed interest rate (as a percent)	2.07%
Derivatives designated as hedging instruments \| Interest rate swaps \| Cash Flow Hedges
Fair hedges carried
Number of derivatives carried \| derivative	2
Notional amounts	$ 200,000
Negative fair value	$ 3,900
Derivatives designated as hedging instruments \| Interest rate swaps \| Cash Flow Hedges \| Minimum
Fair hedges carried
Fixed interest rate (as a percent)	1.70%
Derivatives designated as hedging instruments \| Interest rate swaps \| Cash Flow Hedges \| Maximum
Fair hedges carried
Fixed interest rate (as a percent)	2.08%

Derivative Financial Instrume_6

Derivative Financial Instruments - Gains and Losses Recognized in Income, Fair Value Hedges (Details) - Loans and lease financing - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Interest rate swaps
Gains and losses related to derivatives
Recognized on interest rate swap	$ 4,631	$ 121	$ 6,143	$ 313
Hedged item
Gains and losses related to derivatives
Recognized on hedged item	$ (4,729)	$ (138)	$ (6,346)	$ (387)

Derivative Financial Instrume_7

Derivative Financial Instruments - Amounts Recorded in Balance Sheets Related to Cumulative Basis Adjustments (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Derivative Financial Instruments
Carrying Amount of the Hedged Asset	$ 62,542	$ 68,707
Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Asset	$ (4,958)	$ 1,207

Derivative Financial Instrume_8

Derivative Financial Instruments - Derivatives Not Designated as Hedges (Details) - Derivatives Not Designated as Hedging Instruments - Other noninterest income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Visa Derivative
Impact on pretax earnings of derivatives not designated as hedges
Net Gains (Losses) on Derivatives	$ 123	$ (23)	$ (1,357)	$ 3
Foreign exchange contracts
Impact on pretax earnings of derivatives not designated as hedges
Net Gains (Losses) on Derivatives	$ (6)

Derivative Financial Instrume_9

Derivative Financial Instruments - Cash Flow Hedges (Details) - Derivatives designated as hedging instruments - Interest rate swaps - Cash Flow Hedges - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022
Derivative financial instruments
Pretax net gains reclassified from accumulated other comprehensive income to interest income from loans and lease financing	$ (638)	$ (638)
Other comprehensive income (loss)
Derivative financial instruments
Pretax net losses recognized in other comprehensive income on cash flow derivative hedges	$ (1,523)	$ (3,239)

Derivative Financial Instrum_10

Derivative Financial Instruments - Free-Standing (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Minimum
Derivative financial instruments
Derivative, Floating rate					0%
Maximum
Derivative financial instruments
Derivative, Floating rate					3.55%
Derivatives Not Designated as Hedging Instruments \| Interest rate swaps
Derivative financial instruments
Notional Amount	$ 2,937,558		$ 2,937,558		$ 2,827,582
Net interest expense	$ 0	$ 0	$ 0	$ 0
Derivatives Not Designated as Hedging Instruments \| Interest rate swaps \| Minimum
Derivative financial instruments
Derivative, Floating rate	1.06%		1.06%
Fixed interest rate (as a percent)	2.06%		2.06%		2.02%
Derivatives Not Designated as Hedging Instruments \| Interest rate swaps \| Maximum
Derivative financial instruments
Derivative, Floating rate	4.06%		4.06%
Fixed interest rate (as a percent)	6.19%		6.19%		6.19%
Derivatives Not Designated as Hedging Instruments \| Interest rate swaps \| Customer swap program
Derivative financial instruments
Notional Amount	$ 2,900,000		$ 2,900,000		$ 2,800,000
Positive fair value, derivative asset	5,500		5,500		50,900
Negative fair value, derivative liability	24,000		24,000		$ 0
Upfront fees on the dealer swap	$ 500	$ 1,300	$ 1,400	$ 1,700

Derivative Financial Instrum_11

Derivative Financial Instruments - Counterparty Credit Risk and Credit-Risk Related Contingent Features (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Derivative contracts
Counterparty credit risk adjustments	$ 0	$ 0	$ 100,000	$ 100,000
Credit-risk-related contingent features
Aggregate fair value of derivative instruments in a net liability position	100,000		100,000		$ 26,900,000
Collateral posted for derivatives in a net liability position	0		0		$ 19,800,000
Interest rate swaps
Derivative contracts
Collateral thresholds for derivative agreements with credit risk related contingent features	$ 300,000		$ 300,000

Derivative Financial Instrum_12

Derivative Financial Instruments - Visa Class B Restricted Shares (Details) - Class B restricted shares $ in Millions	12 Months Ended
	Dec. 31, 2016 USD ($) shares	Jun. 30, 2022 USD ($)	Jun. 29, 2022	Dec. 31, 2021 USD ($)	Jun. 28, 2018	Dec. 31, 2017
Visa
Visa Class B Restricted Shares
Net realized gain related to the sale of stock	$ 22.7
Number of shares sold \| shares	274,000
Visa Derivative
Visa Class B Restricted Shares
Conversion rate		1.6059	1.6059		1.6483	1.6483
Derivative liability value		$ 3.8		$ 5.5

Commitments and Contingent Li_3

Commitments and Contingent Liabilities - Commitments to Extend Credit, Participations Sold (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Commitments to extend credit
Commitments
Participations sold to other institutions	$ 91.7	$ 95.5
Standby letters of credit
Commitments
Participations sold to other institutions	$ 8.2	$ 10.7

Commitments and Contingent Li_4

Commitments and Contingent Liabilities - Financial Instruments with Off-Balance Sheet Risk (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Financial instruments with off-balance sheet risk
Contract amount	$ 6,800,000	$ 6,700,000
Commitments to extend credit
Financial instruments with off-balance sheet risk
Contract amount	6,584,364	6,490,301
Standby letters of credit
Financial instruments with off-balance sheet risk
Contract amount	232,024	182,447
Commercial letters of credit
Financial instruments with off-balance sheet risk
Contract amount	$ 3,409	$ 3,307

Revenue from Contracts with C_3

Revenue from Contracts with Customers - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenue from Contracts with Customers
Net interest income	$ 145,147	$ 131,481	$ 279,019	$ 260,639
Not in scope of Topic 606	1,541	8,806	1,612	15,209
Total noninterest income	44,137	49,371	85,517	93,239
Total revenue	189,284	180,852	364,536	353,878
Retail Banking
Revenue from Contracts with Customers
Net interest income	107,368	97,106	201,416	191,560
Not in scope of Topic 606	1,160	1,868	2,252	5,222
Total noninterest income	22,485	22,495	45,800	46,070
Total revenue	129,853	119,601	247,216	237,630
Commercial Banking
Revenue from Contracts with Customers
Net interest income	36,826	40,234	71,914	78,500
Not in scope of Topic 606	1,469	2,282	3,387	3,604
Total noninterest income	20,415	19,528	39,070	35,569
Total revenue	57,241	59,762	110,984	114,069
Treasury and Other
Revenue from Contracts with Customers
Net interest income	953	(5,859)	5,689	(9,421)
Not in scope of Topic 606	(1,088)	4,656	(4,027)	6,383
Total noninterest income	1,237	7,348	647	11,600
Total revenue	2,190	1,489	6,336	2,179
Service charges on deposit accounts.
Revenue from Contracts with Customers
Revenue by type of service	6,843	6,632	14,344	13,350
Service charges on deposit accounts. \| Retail Banking
Revenue from Contracts with Customers
Revenue by type of service	6,085	5,788	12,734	11,874
Service charges on deposit accounts. \| Commercial Banking
Revenue from Contracts with Customers
Revenue by type of service	413	341	759	564
Service charges on deposit accounts. \| Treasury and Other
Revenue from Contracts with Customers
Revenue by type of service	345	503	851	912
Credit and debit card fees
Revenue from Contracts with Customers
Revenue by type of service	16,449	16,132	30,691	30,085
Credit and debit card fees \| Commercial Banking
Revenue from Contracts with Customers
Revenue by type of service	15,243	14,692	28,269	27,217
Credit and debit card fees \| Treasury and Other
Revenue from Contracts with Customers
Revenue by type of service	1,206	1,440	2,422	2,868
Other service charges and fees.
Revenue from Contracts with Customers
Revenue by type of service	7,210	7,955	14,923	14,346
Other service charges and fees. \| Retail Banking
Revenue from Contracts with Customers
Revenue by type of service	6,306	5,983	12,869	11,547
Other service charges and fees. \| Commercial Banking
Revenue from Contracts with Customers
Revenue by type of service	417	1,590	1,198	2,065
Other service charges and fees. \| Treasury and Other
Revenue from Contracts with Customers
Revenue by type of service	487	382	856	734
Trust and investment services income
Revenue from Contracts with Customers
Revenue by type of service	8,759	8,707	17,642	17,199
Trust and investment services income \| Retail Banking
Revenue from Contracts with Customers
Revenue by type of service	8,759	8,707	17,642	17,199
Other.
Revenue from Contracts with Customers
Revenue by type of service	3,335	1,139	6,305	3,050
Other. \| Retail Banking
Revenue from Contracts with Customers
Revenue by type of service	175	149	303	228
Other. \| Commercial Banking
Revenue from Contracts with Customers
Revenue by type of service	2,873	623	5,457	2,119
Other. \| Treasury and Other
Revenue from Contracts with Customers
Revenue by type of service	$ 287	$ 367	$ 545	$ 703

Revenue from Contracts with C_4

Revenue from Contracts with Customers - Contract Balances (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) item	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Revenue from Contracts with Customers
Signing bonuses received from vendors, in prior years \| item			3
Contract liabilities	$ 2,600,000		$ 2,600,000		$ 3,000,000
Increase in recognized revenues and contract liabilities	200,000	$ 200,000	500,000	$ 400,000
Change in contract liabilities due to changes in transaction price estimates			0
Receivables from contracts with customers or contract assets	$ 0		$ 0		$ 0

Revenue from Contracts with C_5

Revenue from Contracts with Customers - Other (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Revenue from Contracts with Customers
Significant performance obligations	$ 0	$ 0
Material contract acquisition costs	$ 0	$ 0

Earnings per Share (Details)

Earnings per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Earnings per Share
Adjustments to net income (in dollars)	$ 0	$ 0	$ 0	$ 0
Antidilutive securities (in shares)	149,000	0	22,000	0
Numerator:
Net income	$ 59,360	$ 86,741	$ 117,079	$ 144,434
Denominator:
Basic: weighted-average shares outstanding (in shares)	127,672,244	129,392,339	127,614,564	129,661,228
Add: weighted-average equity-based awards (in shares)	342,533	436,508	494,066	503,534
Diluted: weighted-average shares outstanding (in shares)	128,014,777	129,828,847	128,108,630	130,164,762
Basic earnings per share (in dollars per share)	$ 0.46	$ 0.67	$ 0.92	$ 1.11
Diluted earnings per share (in dollars per share)	$ 0.46	$ 0.67	$ 0.91	$ 1.11

Noninterest Income and Nonint_3

Noninterest Income and Noninterest Expense - Net periodic benefit cost (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Pension Plan
Components of net periodic benefit cost
Interest cost	$ 1,361	$ 1,231	$ 2,722	$ 2,462
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Interest Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Noninterest Expense	Other Noninterest Expense	Other Noninterest Expense	Other Noninterest Expense
Expected return on plan assets	$ (782)	$ (766)	$ (1,565)	$ (1,532)
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Expected Return (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Noninterest Expense	Other Noninterest Expense	Other Noninterest Expense	Other Noninterest Expense
Recognized net actuarial loss (gain)	$ 1,269	$ 1,720	$ 2,537	$ 3,440
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Amortization of Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Noninterest Expense	Other Noninterest Expense	Other Noninterest Expense	Other Noninterest Expense
Total net periodic benefit cost	$ 1,848	$ 2,185	$ 3,694	$ 4,370
Other Benefits
Components of net periodic benefit cost
Interest cost	$ 143	$ 131	$ 287	$ 262
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Interest Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Noninterest Expense	Other Noninterest Expense	Other Noninterest Expense	Other Noninterest Expense
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Expected Return (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Noninterest Expense	Other Noninterest Expense	Other Noninterest Expense	Other Noninterest Expense
Recognized net actuarial loss (gain)	$ (101)		$ (202)
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Amortization of Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Noninterest Expense	Other Noninterest Expense	Other Noninterest Expense	Other Noninterest Expense
Total net periodic benefit cost	$ 256	$ 395	$ 514	$ 790
Other Benefits \| Salaries and employee benefits
Components of net periodic benefit cost
Service cost	$ 214	$ 264	$ 429	$ 528

Noninterest Income and Nonint_4

Noninterest Income and Noninterest Expense - Leases (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Noninterest Income and Noninterest Expense
Operating lease income related to lease payments	$ 1.6	$ 1.6	$ 3.1	$ 3.3
Lease income related to variable lease payments	$ 1.6	$ 1.5	$ 3.2	$ 3

Fair Value - Visa Derivative (D

Fair Value - Visa Derivative (Details) - Visa Derivative $ in Thousands	Jun. 30, 2022 USD ($)	Jun. 29, 2022	Dec. 31, 2021 USD ($)	Jun. 28, 2018	Dec. 31, 2017
Class B restricted shares
Fair value
Conversion rate	1.6059	1.6059		1.6483	1.6483
Fair Value, Measurements, Recurring \| Level 3
Fair value
Derivative Liability	$ 3,800		$ 5,500
Included in other liabilities \| Derivatives Not Designated as Hedging Instruments
Fair value
Derivative Liability	$ 3,786		$ 5,530

Fair Value - Assets and Liabili

Fair Value - Assets and Liabilities Recorded at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Assets
Total available-for-sale securities, Fair value,	$ 3,967,746	$ 8,428,032
Collateralized Loan Obligations
Assets
Total available-for-sale securities, Fair value,	246,703	105,247
Fair Value, Measurements, Recurring
Assets
Total available-for-sale securities, Fair value,	3,967,746	8,428,032
Other assets	17,089	58,307
Liabilities
Other liabilities	(31,647)	(6,768)
Total
Net Assets (Liabilities)	3,953,188	8,479,571
Fair Value, Measurements, Recurring \| Level 1
Assets
Other assets	6,703	7,382
Total
Net Assets (Liabilities)	6,703	7,382
Fair Value, Measurements, Recurring \| Level 2
Assets
Total available-for-sale securities, Fair value,	3,967,746	8,428,032
Other assets	10,386	50,925
Liabilities
Other liabilities	(27,861)	(1,238)
Total
Net Assets (Liabilities)	3,950,271	8,477,719
Fair Value, Measurements, Recurring \| Level 3
Liabilities
Other liabilities	(3,786)	(5,530)
Total
Net Assets (Liabilities)	(3,786)	(5,530)
U.S. Treasury and government agency debt securities
Assets
Total available-for-sale securities, Fair value,	159,165	192,563
U.S. Treasury and government agency debt securities \| Fair Value, Measurements, Recurring
Assets
Total available-for-sale securities, Fair value,	159,165	192,563
U.S. Treasury and government agency debt securities \| Fair Value, Measurements, Recurring \| Level 2
Assets
Total available-for-sale securities, Fair value,	159,165	192,563
Government-sponsored enterprises debt securities
Assets
Total available-for-sale securities, Fair value,	19,963
Government-sponsored enterprises debt securities \| Fair Value, Measurements, Recurring
Assets
Total available-for-sale securities, Fair value,	19,963
Government-sponsored enterprises debt securities \| Fair Value, Measurements, Recurring \| Level 2
Assets
Total available-for-sale securities, Fair value,	19,963
Residential - Government agency
Assets
Total available-for-sale securities, Fair value,	67,958	137,264
Residential - Government agency \| Fair Value, Measurements, Recurring
Assets
Total available-for-sale securities, Fair value,	67,958	137,264
Residential - Government agency \| Fair Value, Measurements, Recurring \| Level 2
Assets
Total available-for-sale securities, Fair value,	67,958	137,264
Residential - Government-sponsored enterprises
Assets
Total available-for-sale securities, Fair value,	1,333,015	1,491,100
Residential - Government-sponsored enterprises \| Fair Value, Measurements, Recurring
Assets
Total available-for-sale securities, Fair value,	1,333,015	1,491,100
Residential - Government-sponsored enterprises \| Fair Value, Measurements, Recurring \| Level 2
Assets
Total available-for-sale securities, Fair value,	1,333,015	1,491,100
Commercial - Government agency
Assets
Total available-for-sale securities, Fair value,	267,657	387,663
Commercial - Government agency \| Fair Value, Measurements, Recurring
Assets
Total available-for-sale securities, Fair value,	267,657	387,663
Commercial - Government agency \| Fair Value, Measurements, Recurring \| Level 2
Assets
Total available-for-sale securities, Fair value,	267,657	387,663
Commercial - Government-sponsored enterprises
Assets
Total available-for-sale securities, Fair value,	141,836	1,369,443
Commercial - Government-sponsored enterprises \| Fair Value, Measurements, Recurring
Assets
Total available-for-sale securities, Fair value,	141,836	1,369,443
Commercial - Government-sponsored enterprises \| Fair Value, Measurements, Recurring \| Level 2
Assets
Total available-for-sale securities, Fair value,	141,836	1,369,443
Commercial - Non-government mortgage \| Fair Value, Measurements, Recurring
Assets
Total available-for-sale securities, Fair value,	21,550
Commercial - Non-government mortgage \| Fair Value, Measurements, Recurring \| Level 2
Assets
Total available-for-sale securities, Fair value,	21,550
Government agency
Assets
Total available-for-sale securities, Fair value,	1,025,339	2,079,523
Government agency \| Fair Value, Measurements, Recurring
Assets
Total available-for-sale securities, Fair value,	1,025,339	2,079,523
Government agency \| Fair Value, Measurements, Recurring \| Level 2
Assets
Total available-for-sale securities, Fair value,	1,025,339	2,079,523
Government-sponsored enterprises
Assets
Total available-for-sale securities, Fair value,	684,560	2,621,044
Government-sponsored enterprises \| Fair Value, Measurements, Recurring
Assets
Total available-for-sale securities, Fair value,	684,560	2,621,044
Government-sponsored enterprises \| Fair Value, Measurements, Recurring \| Level 2
Assets
Total available-for-sale securities, Fair value,	684,560	2,621,044
Collateralized Loan Obligations \| Fair Value, Measurements, Recurring
Assets
Total available-for-sale securities, Fair value,	246,703	105,247
Collateralized Loan Obligations \| Fair Value, Measurements, Recurring \| Level 2
Assets
Total available-for-sale securities, Fair value,	$ 246,703	105,247
Debt securities issued by states and political subdivisions
Assets
Total available-for-sale securities, Fair value,		44,185
Debt securities issued by states and political subdivisions \| Fair Value, Measurements, Recurring
Assets
Total available-for-sale securities, Fair value,		44,185
Debt securities issued by states and political subdivisions \| Fair Value, Measurements, Recurring \| Level 2
Assets
Total available-for-sale securities, Fair value,		$ 44,185

Fair Value - Significant Unobse

Fair Value - Significant Unobservable Inputs Used in Fair Value Measurements (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2022 USD ($) Y	Dec. 31, 2021 USD ($) Y
Level 3 \| Visa derivative \| Expected Conversation Rate \| Discounted cash flow \| Weighted Average
Fair value
Measurement input	1.6059	1.6181
Level 3 \| Visa derivative \| Expected Conversation Rate \| Discounted cash flow \| Minimum
Fair value
Measurement input	1.5885	1.5885
Level 3 \| Visa derivative \| Expected Conversation Rate \| Discounted cash flow \| Maximum
Fair value
Measurement input	1.6059	1.6181
Level 3 \| Visa derivative \| Expected Term (in years) \| Discounted cash flow \| Minimum
Fair value
Measurement input	0.5	0.5
Level 3 \| Visa derivative \| Expected Term (in years) \| Discounted cash flow \| Maximum
Fair value
Measurement input	1.5	1.5
Level 3 \| Visa derivative \| Growth Rate (percentage) \| Discounted cash flow \| Weighted Average
Fair value
Growth Rate (as a percent)	26%	26%
Level 3 \| Visa derivative \| Growth Rate (percentage) \| Discounted cash flow \| Minimum
Fair value
Growth Rate (as a percent)	10%	10%
Level 3 \| Visa derivative \| Growth Rate (percentage) \| Discounted cash flow \| Maximum
Fair value
Growth Rate (as a percent)	38%	38%
Fair Value, Measurements, Nonrecurring
Fair value
Assets \| $	$ 0	$ 0
Fair Value, Measurements, Nonrecurring \| Level 3 \| Visa derivative
Fair value
Liabilities \| $	$ (3,786,000)	$ (5,530,000)
Fair Value, Measurements, Recurring \| Level 3 \| Visa derivative \| Expected Term (in years) \| Discounted cash flow \| Weighted Average
Fair value
Measurement input	1	1

Fair Value - Changes in Fair Va

Fair Value - Changes in Fair Value Levels and in Level 3 Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Fair value
Amount of transfers between hierarchy levels	$ 0	$ 0	$ 0	$ 0
Visa derivative \| Visa Derivative
Changes in Level 3 liabilities measured at fair value on a recurring basis
Balance	(5,794)	(3,369)	(5,530)	(4,554)
Total net (losses) gains included in other noninterest income	123	(23)	(1,357)	3
Settlements	1,885	1,260	3,101	2,419
Balance	(3,786)	(2,132)	(3,786)	(2,132)
Total net (losses) gains included in net income attributable to the change in unrealized gains or losses related to liabilities still held	$ 123	$ (23)	$ (1,357)	$ 3

Fair Value - Financial Instrume

Fair Value - Financial Instruments not Required to be Carried at Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Financial assets:
Held-to-maturity investment securities, fair value	$ 3,910,780	$ 0
Lease and lease commitments excluded
Financing leases	244,700	231,400
Deposit liabilities with no defined or contractual maturity	20,900,000	20,000,000
Carrying Amount
Financial assets:
Cash and cash equivalents	1,533,676	1,258,469
Held-to-maturity investment securities, fair value	4,093,215
Loans held for sale	180	538
Loans	13,018,119	12,730,605
Financial liabilities:
Time deposits	1,667,680	1,776,438
Estimated Fair Value
Financial assets:
Cash and cash equivalents	1,533,676	1,258,469
Held-to-maturity investment securities, fair value	3,910,780
Loans held for sale	182	542
Loans	12,587,779	12,791,811
Financial liabilities:
Time deposits	1,636,768	1,773,321
Estimated Fair Value \| Level 1
Financial assets:
Cash and cash equivalents	279,629	246,716
Estimated Fair Value \| Level 2
Financial assets:
Cash and cash equivalents	1,254,047	1,011,753
Held-to-maturity investment securities, fair value	3,910,780
Loans held for sale	182	542
Financial liabilities:
Time deposits	1,636,768	1,773,321
Estimated Fair Value \| Level 3
Financial assets:
Loans	$ 12,587,779	$ 12,791,811

Fair Value - Unfunded Loan and

Fair Value - Unfunded Loan and Lease Commitments and Letters of Credit (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Unfunded loan and lease commitments and letters of credit
Aggregate commitments to extend credit, standby letters of credit and commercial letters of credit	$ 6,800	$ 6,700
Level 3
Unfunded loan and lease commitments and letters of credit
Aggregate commitments to extend credit, standby letters of credit and commercial letters of credit	6,800	6,700
Estimated fair value of unfunded loan and lease commitments and letters of credit	$ 42.4	$ 44.3

Fair Value - Assets and Liabi_2

Fair Value - Assets and Liabilities Recorded at Fair Value on a Nonrecurring Basis (Details) - USD ($)	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Fair Value, Measurements, Nonrecurring
Assets with fair value adjustments on a nonrecurring basis
Fair value	$ 0				$ 0		$ 0
Assets, Fair Value Adjustment	$ 0		$ 0		$ 0	$ 0
Collateral-dependent loans
Assets with fair value adjustments on a nonrecurring basis
Total impairment losses		$ 0		$ 0

Reportable Operating Segments -

Reportable Operating Segments - Business Segments (Details)	6 Months Ended
Reportable Operating Segments - Business Segments (Details)	Jun. 30, 2022 segment location
Reportable operating segments
Number of business segments \| segment	3
Retail Banking
Reportable operating segments
Number of Branches \| location	51

Reportable Operating Segments_2

Reportable Operating Segments - Selected Business Segment Financial Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Selected business segment financial information
Net interest income (expense)	$ 145,147	$ 131,481	$ 279,019	$ 260,639
Benefit (Provision) for credit losses	(1,000)	35,000	4,747	35,000
Net interest income after provision for credit losses	144,147	166,481	283,766	295,639
Noninterest income	44,137	49,371	85,517	93,239
Noninterest expense	(109,175)	(99,388)	(213,217)	(195,694)
Income before provision for income taxes	79,109	116,464	156,066	193,184
(Provision) benefit for income taxes	(19,749)	(29,723)	(38,987)	(48,750)
Net income	59,360	86,741	117,079	144,434
Total assets	25,377,533		25,377,533		$ 24,992,410
Retail Banking
Selected business segment financial information
Net interest income (expense)	107,368	97,106	201,416	191,560
Benefit (Provision) for credit losses	(386)	12,654	1,455	14,124
Net interest income after provision for credit losses	106,982	109,760	202,871	205,684
Noninterest income	22,485	22,495	45,800	46,070
Noninterest expense	(73,357)	(62,115)	(143,577)	(125,004)
Income before provision for income taxes	56,110	70,140	105,094	126,750
(Provision) benefit for income taxes	(13,896)	(17,884)	(26,046)	(32,010)
Net income	42,214	52,256	79,048	94,740
Commercial Banking
Selected business segment financial information
Net interest income (expense)	36,826	40,234	71,914	78,500
Benefit (Provision) for credit losses	(614)	17,465	1,928	19,495
Net interest income after provision for credit losses	36,212	57,699	73,842	97,995
Noninterest income	20,415	19,528	39,070	35,569
Noninterest expense	(26,962)	(24,993)	(53,467)	(47,471)
Income before provision for income taxes	29,665	52,234	59,445	86,093
(Provision) benefit for income taxes	(7,251)	(13,285)	(14,504)	(21,629)
Net income	22,414	38,949	44,941	64,464
Treasury and Other
Selected business segment financial information
Net interest income (expense)	953	(5,859)	5,689	(9,421)
Benefit (Provision) for credit losses		4,881	1,364	1,381
Net interest income after provision for credit losses	953	(978)	7,053	(8,040)
Noninterest income	1,237	7,348	647	11,600
Noninterest expense	(8,856)	(12,280)	(16,173)	(23,219)
Income before provision for income taxes	(6,666)	(5,910)	(8,473)	(19,659)
(Provision) benefit for income taxes	1,398	1,446	1,563	4,889
Net income	$ (5,268)	$ (4,464)	$ (6,910)	$ (14,770)