everyone. Good Cindy. Thanks, Great. morning,
Maui, in Before passed island give Yesterday, comments, the Oahu we to a thankfully, actually And nominal this on the impact night, actually I little commentary come just big morning. a really Douglas, but weekend. early a cleared by island had warning this let then or and hurricane the a without me Hurricane storm. late missed you from which through watch, last going Hurricane somewhat actually our both where Hawaii Douglas start were
in that. So marks have feel near take six from circumstances, Bank that this blessed standpoint, of we to dealing it Today anniversary, made COVID-XX the month certainly obviously our the we'll through and pandemic. fortunate miss. given Hawaii's with And
freely of describes know, as meeting in this virus meeting the statistic held had walks And meeting, no As How six-month scheduled a consequences Friday, virus aspects regularly on one board At months? have past have hold best year. the thought, nation's economically and leadership board dramatic. review of nearly to at take calendar and board dramatic Hawaii organizations, by my effect and our state numerous infection impacted give has our on in times members I leading nationally. in before we been response. our customers, in people government been all expect philanthropic sponsored the our shareholders. From of of share and standpoint, directors into of leadership we a crisis From other of in a with of need. role, team forces this and what nearly standpoint, sector I'd I quarterly recognize shared them. in into get and community, our And of that has and As to-date, with the islands heart meeting. while a our you This six community our things engaged And performing notation company stakeholders, course, and January a community globally committees to first I XXX of differently. meeting, we're review, COVID-XX executive you a supporting changed our some I I discuss certainly life segmented of to presented and China. the XX our actively time. COVID-XX that private that a the my as for to of management was years, our are all of teammates, met a ourselves in hands outlook our have I review core the task us engaged that leading
capital separate from bank. was foundation, from to our Hawaii the humanitarian, to-date the community. as largest our was COVID-XX in This hope, as and and to whose funding, is base further the support note in pandemic, Community $X to health provide to Our mentioned, gift a provided the foundation from spur also the corporate is corporate helped Foundation islands, that economic the support I and community. directly million gift I a made early distinct
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meals cafeteria encourage steady. program meals-to-go, go meal to weekly a To-date, to neighbors. friends a able teammates, XX,XXX repairing As called We available employees. hold for employees meals all to serving with and distributed we've created nearly levels their our our we've to we've FTE XX,XXX people. share family, operation suspended, With over been our
and employees' thermal and employees, process plan screening phone-based barriers spent for Plexiglas scanning $XXX,XXX replenishment in over are to concern our a standard. to we spend infrastructure health PPE, app million We the of multiples our is paramount $X upgrading approximately built equipment. filtration, air health our Our on industry on ultimately and daily and
been while today, business able weather to results. financial maintaining shareholders, we've Finally for storm the solid and our
Our market lead book to by price measured continues to valuation our as marketplace.
to both in market year. X/XX of on share one through loans continue basis, this deposits and gain a year We
fortify We from balance our appropriate in continue credit losses to sheet way. a balanced measured, and
a turn stay-at-home local is islands. XX.X% quarantine wanted represent to modeling. in and as in April and and due recent unemployment, you which orders went Mary, part the Hawaii the who a I our the Unemployment Before UHERO's reopening call dramatically finish and and I PPP into of our result XX.X% quick economy. X.X% improved place discuss moved quality, travel March the in off to the orders own to however, credit in review and over will then in of who from part green forecast, Due the federal financials, on we the local most to will the Dean, May, Hawaiian to partial into as to incorporate with other columns foundationally and stimulus The in economy, XX.X%, financial what programs. of brief risk
of decisions well see, islands, around drive federal trend in the reopening. as in unemployment will whatever Ultimately, peak which will can rate future direction stimulus these impacted new up quarters. as timing you be infection the by the policy and the such, the of thus following about, rates As of numbers comes the and here
see forecasts slide, next page, a the GDP next and XX% unemployment. personal forecast on you On income XXXX declines longer-term the for X%. of you'll see And showing and
forecasts of same I'd remains contingencies these at accuracy this directionality I the on apply Bank of Hawaii of think, time. Fundamentally, the well-positioned.
statistics. We have solid credit
a grow to Our in base challenged continues operation environment.
and are liquidity levels capital robust. Our
over Now, let turn Mary me to the Sellers. call
