{"id":227152,"date":"2016-05-06T06:00:08","date_gmt":"2016-05-05T20:00:08","guid":{"rendered":"http:\/\/www.saipantribune.com\/?p=227152"},"modified":"2016-05-06T06:00:08","modified_gmt":"2016-05-05T20:00:08","slug":"fhb-reports-68-6m-1q","status":"publish","type":"post","link":"https:\/\/www.saipantribune.com\/index.php\/fhb-reports-68-6m-1q\/","title":{"rendered":"FHB reports $68.6M in 1Q"},"content":{"rendered":"<p><strong>HAG\u00c5T\u00d1A, Guam<\/strong>\u2014First Hawaiian Bank, Hawaii\u2019s largest bank announced net income of $68.6 million for first quarter ended March 31, 2016, a 21.4-percent increase over the comparable period of 2015.<\/p>\n<p>For the three months ended March 31, 2016, First Hawaiian Bank achieved the following over the prior year:<\/p>\n<p>\u2022 Total assets: $19.1 billion, up 1.9 percent.<br \/>\n\u2022 Total deposits: $16.1 billion, an increase of 5.8 percent.<br \/>\n\u2022 Total loans and leases: were a record $11.0 billion up 8.0 percent.<br \/>\n\u2022 Non-performing assets to total assets: 0.08 percent, a decrease of 38.5 percent<br \/>\n\u2022 Efficiency ratio: 41.52 percent<\/p>\n<p>In the first quarter of 2016, First Hawaiian noted several accomplishments and milestones:<\/p>\n<p>For the past five years in a row, Hawaii Business Magazine has recognized First Hawaiian Bank as one of Hawaii\u2019s Best Places to Work. This year, the bank also placed in the Top 3 in the large company category.<\/p>\n<p>The First Hawaiian Bank\u2019s first quarter 2016 Business Activity Report (BAR) showed Hawaii credit and debit card same store sales volume were up by 5.35 percent with growth in 12 out of the 16 sectors. This was the 25th consecutive quarter of positive growth. Supermarkets, Shipping, Home Improvement and Utilities sectors all posted double digit gains for the first three months of 2016.<\/p>\n<p>First Hawaiian Bank (www.fhb.com) with $19.1 billion in total assets was founded in 1858 and is Hawaii\u2019s oldest and largest bank. It is a wholly-owned subsidiary of BNP Paribas, a leading global financial services institution. <strong>(PR)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HAG\u00c5T\u00d1A, Guam\u2014First Hawaiian Bank, Hawaii\u2019s largest bank announced net income of $68.6 million for first&#8230;<\/p>\n","protected":false},"author":28,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[669,11364],"class_list":["post-227152","post","type-post","status-publish","format-standard","hentry","category-local-news","tag-fhb","tag-hawaii-business-magazine"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/227152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=227152"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/227152\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=227152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=227152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=227152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}