FIRST HAWAIIAN, INC. FHB Income Statement

First hawaiian, inc. (FHB)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Sep'15	Jun'15
Interest income
Loans and lease financing
564,578	574,013	576,629	567,332	550,732	529,877	509,472	493,064	476,960	462,675	453,892	441,806	433,328	428,419	417,192	414,818	0	0	0
Available-for-sale securities
89,229	92,505	97,063	100,003	102,616	107,123	108,175	107,174	104,836	102,272	101,567	98,495	92,889	83,019	74,885	72,480	0	0	0
Other
10,856	12,174	10,912	11,140	10,328	9,051	8,918	7,545	6,987	5,821	5,064	4,286	5,412	7,082	7,234	7,107	0	0	0
Total interest income
664,663	678,692	684,604	678,475	663,676	646,051	626,565	607,783	588,783	570,768	560,523	544,587	531,629	518,520	499,311	494,405	0	0	0
Interest expense
Deposits
80,268	87,865	89,795	87,247	80,909	72,976	66,489	58,233	49,638	41,944	35,327	30,010	27,791	26,650	25,106	23,896	0	0	0
Short-term and long-term borrowings
17,399	17,425	15,723	11,637	0	-	0	0	-	20	28	45	133	198	233	278	0	0	0
Total interest expense
97,667	105,290	106,836	102,530	91,941	79,733	69,346	58,503	49,652	41,964	35,355	30,055	27,924	26,848	25,339	24,174	0	0	0
Net interest income
566,996	573,402	577,768	575,945	571,735	566,318	557,219	549,280	539,131	528,804	525,168	514,532	503,705	491,672	473,972	470,231	0	0	0
Provision for credit losses
49,320	13,800	15,300	19,760	21,910	22,180	21,530	21,570	19,950	18,500	17,300	14,900	12,400	8,600	7,250	7,400	0	0	0
Net interest income after provision for loan and lease losses
517,676	559,602	562,468	556,185	549,825	544,138	535,689	527,710	519,181	510,304	507,868	499,632	491,305	483,072	466,722	462,831	0	0	0
Noninterest income
Service charges on deposit accounts
34,668	33,778	33,164	32,543	32,141	32,036	31,868	32,864	34,381	35,807	36,181	36,827	36,984	37,392	39,200	39,617	0	0	0
Credit and debit card fees
65,043	66,749	66,878	66,574	66,874	65,716	64,560	64,151	63,241	64,049	71,980	69,957	67,748	65,262	55,590	55,433	0	0	0
Other service charges and fees
35,663	36,253	37,198	37,873	38,103	38,316	36,899	35,831	34,308	34,063	34,163	34,421	35,225	35,355	36,825	38,138	0	0	0
Trust and investment services income
36,075	35,102	34,142	32,931	31,711	31,324	31,378	31,563	31,378	30,485	29,740	29,576	29,373	29,440	29,608	29,596	0	0	0
Bank-owned life insurance
13,926	15,479	14,032	11,981	10,986	9,217	10,790	10,217	10,749	13,283	12,382	16,378	17,243	15,021	15,161	10,390	0	0	0
Investment securities gains (losses), net
-17	-2,715	0	0	0	-	-	-	-	-	-	-	-	27,277	0	0	0	-	0
Other
9,331	7,887	20,179	21,116	24,248	26,469	24,731	27,859	29,189	27,918	22,776	19,059	15,455	16,290	18,806	19,612	0	0	0
Total noninterest income
194,689	192,533	178,916	176,341	177,365	178,993	200,226	202,485	203,246	205,605	208,738	207,764	203,577	226,037	225,082	228,507	0	0	0
Noninterest expense
Salaries and employee benefits
173,067	173,098	173,407	170,411	169,862	167,162	169,382	166,110	164,838	163,086	147,841	151,260	152,851	157,144	171,458	171,420	0	0	0
Contracted services and professional fees
58,731	56,321	55,602	52,431	51,133	49,775	48,251	47,607	46,990	45,011	45,751	45,347	42,898	45,345	44,088	44,560	0	0	0
Occupancy
29,010	28,753	28,703	28,210	27,832	27,330	26,252	25,733	24,260	23,485	23,997	22,629	22,003	21,606	19,068	19,663	0	0	0
Equipment
17,767	17,343	17,462	17,619	17,410	17,714	17,453	17,446	17,638	17,247	17,675	17,693	17,282	16,912	16,020	15,463	0	0	0
Regulatory assessment and fees
7,889	7,390	7,641	9,615	11,691	14,217	15,879	15,581	15,106	14,907	15,295	15,173	14,269	12,972	11,273	10,114	0	0	0
Advertising and marketing
6,757	6,900	7,267	6,680	5,815	4,800	4,071	5,016	5,123	6,200	6,564	6,328	6,531	6,127	6,017	5,738	0	0	0
Card rewards program
30,244	29,961	28,304	27,179	25,874	24,860	24,138	23,771	23,306	23,363	28,823	27,897	24,732	22,459	14,246	14,565	0	0	0
Other
50,805	50,661	50,334	56,256	57,359	59,082	60,032	55,831	54,898	54,264	62,697	60,336	57,641	54,715	43,548	42,606	0	0	0
Total noninterest expense
374,280	370,437	368,733	368,414	366,989	364,953	365,449	357,086	352,150	347,554	348,643	346,663	338,207	337,280	325,718	324,129	0	0	0
Income before provision for income taxes
338,085	381,698	372,651	364,112	360,201	358,178	370,466	373,109	370,277	368,355	367,963	360,733	356,675	371,829	366,086	367,209	0	0	0
Provision for income taxes
84,752	97,306	96,100	94,372	93,841	93,784	154,383	166,051	175,377	184,673	139,413	137,311	135,288	141,651	137,571	137,371	0	0	0
Net income (loss)
253,333	284,392	276,551	269,740	266,360	264,394	216,083	207,058	194,900	183,682	228,550	223,422	221,387	230,178	228,515	229,838	0	0	0
Basic earnings per share (in dollars per share)
0.30	0.52	0.56	0.54	0.52	0.44	0.50	0.50	0.49	0.08	0.42	0.41	0.41	0.41	0.38	0.39	0.47	0.39	0.39
Diluted earnings per share (in dollars per share)
0.30	0.51	0.56	0.54	0.52	0.44	0.50	0.50	0.49	0.08	0.42	0.41	0.41	0.41	0.38	0.39	0.47	0.39	0.39
Dividends declared per share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.22	0.22	0.22	-	0.20	0.22	-	-	-
Basic weighted-average outstanding shares (in shares)
129,895	130,422	132,583	134,420	134,879	134,806	135,466	137,907	139,600	139,592	139,556	139,546	139,545	139,531	139,500	139,459	139,459	-	-
Diluted weighted-average outstanding shares (in shares)
130,351	130,820	132,877	134,652	135,198	134,972	135,675	138,065	139,732	139,648	139,696	139,646	139,637	139,547	139,503	139,459	139,459	-	-
Basic and diluted weighted-average outstanding shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	139,459