to Aloha. today then with share of path our what over and will Thank commentary then, economy morning, I thought as of the Mary to Dean earnings more a descriptor we whatever you, and give the get we before financials with expanded credit finishes you to I Q&A. kick-off local along answer calls you do for everyone. little you would we’ve past with follow a couple questions bit virus. Good highlights I’ll he Cindy. on we’ll an some the Great. into and taken is will our turn with Corona the might experience happy be it XX who have. and up, then
see most obviously through relatively clip description able up unemployment lower on as at the the like we We stable begin for in past with outcome economy. the So, did month. but appreciate. a I’d or let to September level a are a quarter say, recent of me
that’s one increase there, thing driven to for WARN taken guess, online through clipped those for number community effectively the a three period. by, XX% to forecast. of and September, of even XX.X% with the range June there the they UHERO but Act versus August the you quarter unemployment, A see in September note came for lot were that up the I actions So with that if you months, take within in
in that see over is is our UHERO, blue of I we analysis credit much TRANSPAC the reopening they get is credit of and a light feel we with cautiously conversations this You decisioning calling there, continued that level senior achievable slow, assuming of off point the XX.X% bar of some a which that base staff optimistic for but activity. quarter the our that unemployment at in positive fourth that think
Okay.
now, slide. go So let’s the to next
point to The a to Go representation really we’ve unemployment. X.XX as for income. for and you an lot Here forecast next to the commercial getting and the GDP certainly XXXX us of It who of kind level hopefully our just XXXX next larger bit personal meaningful hospitality restarting our with a slide. and year. activity customers and on cuts into customers year more a little just little a a see then slide, on annualized for of of a been down the UHERO with a is and bit line XXXX. bit higher XXXX XXXX having This dipping – discussions you that constructive see little
well. recognize most fashion blue gold I hit versus slightly forecast I grey that and is Personal Unemployment You has rebound obvious well, at the of slide holding reasons. taken takeaways one income more forecasted this GDP the important But bars. substantial obviously a muted for sorry, island am the forecast. with bars important differential see on slides think more to to between reasonably to the the here recent maybe or in economy a – GDP is real
of than originally And much reforecast actually personal income so falling in early has we pretty as forecast. what September most the less recent
is On The up. is slide, the the answer well. surprisingly next to give market local sense for a held you how housing
unlike lots a of for So of a reasons in mainland other marketplaces, economy. spot number bright not housing, is the different
You see, a basis, have very year-to-date on in increase single-family nice had median levels constrained. of X.X%. homes sale prices a steady Inventory
last tight Similar and September As on this point we sales the story up And action, condominium XX.X% beginning at a very bit look to to year, prices inventory point conditions. year price more accelerate. side. versus again,
you this aware well we of Hawaii XXth beginning islands program. our intended think pre-travel began perhaps increase year-to-date into impacted are as are you steady, through see alike to on residents less by of inventory days and product again, as arrivals, I ten sales so, the But the that condominiums just so visitors, month, being awfully think our are as Onto conditions pre-test of I that constrained our program, price and median most marketplace. pretty right a new coming are onto now. back returning welcoming
So providers them, to – impact is test see a call on basically, approved negative here you activity. come the to into we that islands positive a go PCR quarantine. day And had what preferred we number providers extent allowing XX to are you receive of very that’s result a TRANSPAC obviously through a the the without recognized with having from people
into this visitors up point launched chart some program the we X.X to on XX place, the that of XX, the on see went program X.X. on day at upwards before had days you X,XXX So,
levels. to pent-up bow that I can those dip, begun demand bit but prior a tell of the through see You that to you we’ve a back weekend,
of So, X.X. TRANSPAC is XX/XX plus XX or the returning X.X you in X,XXX XX see visitors
increase. steady nice a So,
a on what Asking week for, what and pretty the the results half, are people bit it around numbers these optimistic. have little last higher people’s feel would albeit sentiment on town than early they is a anticipated. Frankly, most cautiously
of international infection which domestic the although two-thirds our in think level bodes lot gives on that need at next islands us and reality. is reopened the even been illustration arrivals this the has of to Japan, a them make market I generally a a so, story. get here is still page, activity And well On rate it help certainly to happening a work the pathway good to to there the U.S.
see really the we like exponential real You because is Mayor experience what shows order. the you post left saw where chart stay home mostly activity at credit call I’d the Xth to with Oʻahu he up concentrated on a X/XX to of Honolulu, the July ramp on surge
relaxed quite right, is what if Hawaii. look dramatically now see or to you we seems order. have So, trick. the our chart you the the a bit more rates fallen and initial in prior Infection But done to
of a past seven the the terms on amongst cases XXX,XXX over per lowest in In the is rolling seven country. days
Island retirement of And, infection exceptionally with the from the in some within issue So, performing bit states of a operating Hawaii issues. the as the the quite state Oʻahu Big got performing chain, well, islands, a in if the across go handling performing you best control nicely performing an But well, well, island virus home country. general, standpoint. an has whole is Maui
extremely a to of most these times. the certainly generational for positioned bringing uncertain So exactly is for built environment. situation. been altogether, finally, is sort dynamic just of – we feel and occurrences. an well This part has This most the unfortunate weather we But these and company, are kinds
despite are well I mentioned, I positioned. challenges, as we these think So,
come within grow loan nicely in spot to pay continue Deposits as will share quarter. capital anticipate. top-notch are on basis. would down but and slightly levels us, down Mary average liquidity as industry. with basis, you’d an on growth you. for impacted strong loan of had an continue you to as cost are expect We certainly metrics the reductions credit our up million and think up average installment X.X% Slightly by the downs about line Our I on us, $XX and reasonable basis, Funding a in
kick So, happy and I share over Mary credit stop am Mary? will you. who I’d with there some I thoughts to it think I’ll that
