CENTRAL PACIFIC FINANCIAL CORP's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), CENTRAL PACIFIC FINANCIAL CORP reported net income of $77.5M (+45.1% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Loans, including fees | $263.9M | $258.2M | $243.3M | $200.3M |
| Taxable investment securities | $38.8M | $33.3M | $28.8M | $28.0M |
| Tax-exempt investment securities | $2.8M | $2.5M | $2.9M | $3.2M |
| Dividend income on investment securities | $0 | $0 | $0 | $21.0K |
| Deposits in other financial institutions | $7.1M | $11.6M | $7.2M | $740.0K |
| Dividend income on FRB and FHLB stock | $1.5M | $509.0K | $478.0K | $370.0K |
| Total interest income | $314.2M | $306.1M | $282.7M | $232.7M |
| Demand | $1.8M | $2.2M | $1.7M | $806.0K |
| Savings and money market | $34.2M | $37.0M | $22.0M | $4.2M |
| Time | $30.1M | $46.1M | $39.2M | $6.1M |
| Short-term borrowings | $0 | $1.0K | $1.1M | $1.1M |
| Long-term debt | $7.1M | $9.1M | $8.6M | $4.9M |
| Total interest expense | $73.3M | $94.4M | $72.7M | $17.1M |
| Net interest income | $240.9M | $211.7M | $210.0M | $215.6M |
| Provision (credit) for credit losses | $15.7M | $9.8M | $15.7M | — |
| Net interest income after provision for credit losses | $225.2M | $201.9M | $194.3M | $216.8M |
| Mortgage banking income | $3.5M | $3.4M | $2.6M | $3.8M |
| Service charges on deposit accounts | $9.0M | $8.7M | $8.8M | $8.2M |
| Other service charges and fees | $23.8M | $22.6M | $20.5M | $19.0M |
| Income from fiduciary activities | $6.2M | $5.8M | $4.9M | $4.6M |
| Income from bank-owned life insurance | $7.5M | $6.6M | $4.9M | $1.9M |
| Net loss on sales of investment securities | ($30.0K) | ($9.9M) | ($2.1M) | $8.5M |
| Other | $1.9M | $1.7M | $7.1M | $2.0M |
| Other operating income | $51.8M | $38.7M | $46.7M | — |
| Salaries and employee benefits | $93.8M | $85.9M | $82.0M | $88.8M |
| Net occupancy | $17.7M | $18.0M | $18.2M | $17.0M |
| Equipment | $3.7M | $3.9M | $4.0M | $4.2M |
| Communication | $3.2M | $3.2M | $3.0M | $3.0M |
| Legal and professional services | $11.2M | $9.8M | $10.0M | $10.8M |
| Computer software | $20.6M | $18.0M | $17.7M | $14.8M |
| Advertising | $3.4M | $3.6M | $3.9M | $4.2M |
| Other | $25.1M | $30.2M | $25.4M | $23.3M |
| Total other operating expense | $178.7M | $172.6M | $164.1M | $166.0M |
| Income before income taxes | $98.3M | $68.0M | $76.8M | $98.8M |
| Income tax expense | $20.8M | $14.6M | $18.2M | $24.8M |
| Net income | $77.5M | $53.4M | $58.7M | $73.9M |
| Basic earnings per share (in dollars per share) | $2.88 | $1.97 | $2.17 | $2.70 |
| Diluted earnings per share (in dollars per share) | $2.86 | $1.97 | $2.17 | $2.68 |
| Cash dividends declared (in dollars per share) | $1.09 | $1.04 | $1.04 | $1.04 |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Loans, including fees | $65.6M | $64.3M | $67.2M | $65.7M |
| Taxable investment securities | $9.7M | $9.2M | $9.8M | $9.9M |
| Tax-exempt investment securities | $684.0K | $682.0K | $709.0K | $709.0K |
| Deposits in other financial institutions | $2.3M | $2.5M | $1.9M | $1.5M |
| Dividend income on FRB and FHLB stock | $389.0K | $381.0K | $395.0K | $388.0K |
| Total interest income | $78.7M | $77.1M | $80.0M | $78.1M |
| Demand | $757.0K | $522.0K | $490.0K | $443.0K |
| Savings and money market | $7.6M | $7.5M | $8.9M | $8.4M |
| Time | $6.5M | $6.7M | $7.4M | $7.6M |
| Long-term debt | $1.1M | $1.0M | $1.9M | $1.9M |
| Total interest expense | $15.9M | $15.7M | $18.7M | $18.3M |
| Net interest income | $62.8M | $61.4M | $61.3M | $59.8M |
| Provision for credit losses | $4.4M | $2.4M | $4.2M | $5.0M |
| Net interest income after provision for credit losses | $58.5M | $59.0M | $57.1M | $54.8M |
| Mortgage banking income | $693.0K | $649.0K | $958.0K | $744.0K |
| Service charges on deposit accounts | $2.3M | $2.3M | $2.3M | $2.1M |
| Other service charges and fees | $6.3M | $5.8M | $6.5M | $6.0M |
| Income from fiduciary activities | $1.6M | $1.4M | $1.5M | $1.5M |
| Income from bank-owned life insurance | $3.0M | $399.0K | $1.9M | $2.3M |
| Other | $768.0K | $1.0M | $351.0K | $427.0K |
| Total other operating income | $14.6M | $11.6M | $13.5M | $13.0M |
| Salaries and employee benefits | $25.4M | $23.1M | $24.7M | $22.7M |
| Net occupancy | $4.3M | $4.3M | $4.6M | $4.3M |
| Computer software | $5.0M | $5.0M | $5.2M | $5.3M |
| Legal and professional services | $2.6M | $2.4M | $2.7M | $2.9M |
| Equipment | $822.0K | $807.0K | $867.0K | $950.0K |
| Advertising | $762.0K | $997.0K | $730.0K | $832.0K |
| Communication | $840.0K | $823.0K | $791.0K | $901.0K |
| Other | $6.5M | $6.2M | $7.5M | $6.1M |
| Total other operating expense | $46.2M | $43.7M | $47.0M | $43.9M |
| Income before income taxes | $26.9M | $26.9M | $23.6M | $23.9M |
| Income tax expense | $6.1M | $6.2M | $5.1M | $5.6M |
| Net income | $20.8M | $20.7M | $18.6M | $18.3M |
| Basic earnings per share (in dollars per share) | $0.80 | $0.79 | $0.69 | $0.68 |
| Diluted earnings per share (in dollars per share) | $0.80 | $0.78 | $0.69 | $0.67 |
| Basic weighted average shares outstanding (in shares) | 26.0M | 26.3M | 27.0M | 27.0M |
| Diluted weighted average shares outstanding (in shares) | 26.1M | 26.4M | 27.1M | 27.1M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and due from financial institutions | $88.2M | $77.8M | $116.2M | $97.2M |
| Interest-bearing deposits in other financial institutions | $290.5M | $303.2M | $406.3M | $14.9M |
| Debt securities available-for-sale, at fair value | $748.2M | $737.7M | $647.2M | $671.8M |
| Debt securities held-to-maturity, at amortized cost; fair value of: $495,845 at December 31, 2025 and $506,681 at December 31, 2024 | $562.4M | $596.9M | $632.3M | $664.9M |
| Total investment securities | $1.3B | $1.3B | $1.3B | $1.3B |
| Loans held for sale | $1.1M | $5.7M | $1.8M | $1.1M |
| Loans | $5.3B | $5.3B | $5.4B | $5.6B |
| Provision (credit) for credit losses on loans | $59.6M | $59.2M | — | — |
| Loans, net of allowance for credit losses | $5.2B | $5.3B | $5.4B | $5.5B |
| Premises and equipment, net | $100.6M | $104.3M | $96.2M | $91.6M |
| Accrued interest receivable | $23.6M | $23.4M | $21.5M | $20.3M |
| Investment in unconsolidated entities | $61.3M | $52.4M | $41.5M | $46.6M |
| Mortgage servicing rights, net | $8.7M | $8.5M | $8.7M | $9.1M |
| Bank-owned life insurance | $180.7M | $176.2M | $170.7M | $168.0M |
| Federal Reserve Bank ("FRB") and Federal Home Loan Bank of Des Moines ("FHLB") stock | $25.8M | $6.9M | $6.8M | $9.1M |
| Right-of-use lease assets | $24.8M | $30.8M | $29.7M | $35.0M |
| Other assets | $63.9M | $74.7M | $88.8M | $111.4M |
| Total assets | $7.4B | $7.5B | $7.6B | $7.4B |
| Noninterest-bearing demand | $1.9B | $1.9B | $1.9B | $2.1B |
| Interest-bearing demand | $1.4B | $1.3B | $1.3B | $1.5B |
| Savings and money market | $2.3B | $2.3B | $2.2B | $2.2B |
| Time | $983.9M | $1.1B | $1.4B | $991.2M |
| Total deposits | $6.6B | $6.6B | $6.8B | $6.7B |
| FHLB advances and other short-term borrowings | $0 | $0 | $0 | $5.0M |
| Long-term debt, net of unamortized debt issuance costs of $0 at December 31, 2025 and $202 at December 31, 2024 | $76.5M | $156.3M | $156.1M | $105.9M |
| Lease liabilities | $25.5M | $32.0M | $30.6M | $35.9M |
| Accrued interest payable | $7.1M | $10.1M | $18.9M | — |
| Other liabilities | $97.7M | $91.3M | $85.7M | $96.9M |
| Total liabilities | $6.8B | $6.9B | $7.1B | $7.0B |
| Preferred stock, no par value, authorized 1,000,000 shares; issued and outstanding: none at December 31, 2025, and December 31, 2024 | 0 | 0 | 0 | 0 |
| Common stock, no par value, authorized 185,000,000 shares; issued and outstanding 26,374,967 and 27,065,570 shares at December 31, 2025 and 2024, respectively | 381.2M | 404.5M | 405.4M | 408.1M |
| Additional paid-in capital | $107.3M | $105.1M | $103.0M | $101.3M |
| Retained earnings | $191.4M | $143.3M | $118.0M | $87.4M |
| Accumulated other comprehensive loss | ($87.3M) | ($114.4M) | ($122.6M) | ($144.0M) |
| Total shareholders' equity | $592.6M | $538.4M | $503.8M | $452.9M |
| Total liabilities and equity | $7.4B | $7.5B | $7.6B | $7.4B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and due from financial institutions | $96.7M | $88.9M | $102.9M | $110.9M |
| Interest-bearing deposits in other financial institutions | $286.6M | $317.7M | $207.0M | $206.0M |
| Debt securities available-for-sale, at fair value | $835.4M | $779.2M | $758.7M | $765.2M |
| Debt securities held-to-maturity, at amortized cost; fair value of: $474,928 as of June 30, 2026 and $495,845 as of December 31, 2025 | $545.2M | $554.5M | $570.9M | $580.5M |
| Total investment securities | $1.4B | $1.3B | $1.3B | $1.3B |
| Loans held for sale | $2.4M | $2.5M | $1.6M | $0 |
| Loans | $5.3B | $5.3B | $5.4B | $5.3B |
| Allowance for credit losses | $60.6M | $59.9M | $60.4M | $59.6M |
| Loans, net of allowance for credit losses | $5.2B | $5.3B | $5.3B | $5.2B |
| Premises and equipment, net | $100.2M | $99.9M | $101.0M | $103.7M |
| Accrued interest receivable | $23.4M | $24.3M | $25.2M | $23.5M |
| Investment in unconsolidated entities | $57.7M | $59.5M | $53.0M | $49.4M |
| Other real estate owned | $924.0K | — | — | — |
| Mortgage servicing rights, net | $8.4M | $8.5M | $8.5M | $8.4M |
| Bank-owned life insurance | $185.1M | $181.3M | $179.7M | $177.6M |
| Federal Reserve Bank ("FRB") and Federal Home Loan Bank of Des Moines ("FHLB") stock | $24.7M | $24.7M | $25.2M | $24.8M |
| Right-of-use lease assets | $23.3M | $24.3M | $25.6M | $30.7M |
| Other assets | $63.2M | $69.5M | $55.5M | $58.6M |
| Total assets | $7.5B | $7.5B | $7.4B | $7.4B |
| Noninterest-bearing demand | $1.9B | $1.9B | $1.9B | $1.9B |
| Interest-bearing demand | $1.4B | $1.4B | $1.3B | $1.3B |
| Savings and money market | $2.4B | $2.4B | $2.3B | $2.2B |
| Time | $993.8M | $994.6M | $1.0B | $1.0B |
| Total deposits | $6.7B | $6.7B | $6.6B | $6.5B |
| Long-term debt | $76.5M | $76.5M | $131.5M | $131.5M |
| Lease liabilities | $24.1M | $25.1M | $26.3M | $32.0M |
| Accrued interest payable | $6.0M | $6.4M | $8.6M | $8.8M |
| Other liabilities | $102.3M | $94.1M | $89.3M | $83.5M |
| Total liabilities | $6.9B | $6.9B | $6.8B | $6.8B |
| Preferred stock, no par value, authorized 1,000,000 shares; issued and outstanding: none as of June 30, 2026 and December 31, 2025 | 0 | 0 | 0 | 0 |
| Common stock, no par value, authorized 185,000,000 shares; issued and outstanding: 25,806,418 as of June 30, 2026 and 26,374,967 as of December 31, 2025 | 359.4M | 370.6M | 397.5M | 399.8M |
| Additional paid-in capital | $107.5M | $106.5M | $106.7M | $106.0M |
| Retained earnings | $217.8M | $204.5M | $176.0M | $164.7M |
| Accumulated other comprehensive loss | ($88.4M) | ($87.7M) | ($92.1M) | ($101.7M) |
| Total equity | $596.3M | $593.9M | $588.1M | $568.9M |
| Total liabilities and equity | $7.5B | $7.5B | $7.4B | $7.4B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $77.5M | $53.4M | $58.7M | $73.9M |
| Provision (credit) for credit losses | $15.7M | $9.8M | $15.7M | ($1.3M) |
| Depreciation and amortization of premises and equipment | $7.1M | $6.9M | $6.9M | $6.9M |
| Loss on disposal of premises and equipment | $2.0M | $56.0K | ($5.1M) | $295.0K |
| Non-cash lease expense (benefit) | $0 | $159.0K | $13.0K | ($401.0K) |
| Cash flows from operating leases | ($5.0M) | ($5.1M) | ($5.1M) | ($5.9M) |
| Amortization of mortgage servicing rights | $843.0K | $776.0K | — | — |
| Net amortization of premium (accretion of discount) on investment securities | ($1.3M) | $1.8M | $3.0M | $4.4M |
| Share-based compensation | $2.3M | $2.1M | $1.6M | $3.3M |
| Net loss (gain) on sales of investment securities | $30.0K | $9.9M | $2.1M | ($8.5M) |
| Net gain on sales of residential mortgage loans | ($1.6M) | ($1.3M) | ($721.0K) | ($1.8M) |
| Proceeds from sales of loans held for sale | $104.4M | $68.3M | $40.0M | $80.2M |
| Origination of loans held for sale | ($98.2M) | ($71.0M) | ($39.9M) | ($76.0M) |
| Equity in (earnings) losses of unconsolidated entities | ($106.0K) | $21.0K | $22.0K | ($184.0K) |
| Distributions from unconsolidated entities | $941.0K | $0 | $51.0K | $237.0K |
| Net increase in cash surrender value of bank-owned life insurance | ($7.5M) | ($6.6M) | ($5.4M) | ($10.0K) |
| Deferred income tax expense | ($15.5M) | $8.8M | $11.2M | $25.8M |
| Net tax benefit from share-based compensation | $270.0K | $57.0K | $154.0K | $146.0K |
| Amortization and impairment of intangible assets | $0 | $1.5M | $705.0K | $1.3M |
| Net change in other assets and liabilities | $15.6M | $10.9M | $21.1M | $11.7M |
| Net cash provided by operating activities | $97.5M | $90.5M | $105.1M | $114.1M |
| Purchases of investment securities available-for-sale | ($50.6M) | ($253.6M) | ($47.4M) | ($89.1M) |
| Proceeds from maturities, prepayments and calls of investment securities available-for-sale | $75.5M | $57.4M | $60.1M | $168.2M |
| Proceeds from sales of investment securities available-for-sale | $1.5M | $96.6M | $29.5M | $0 |
| Proceeds from maturities, prepayments and calls of investment securities held-to-maturity | $40.5M | $41.7M | $39.1M | $33.5M |
| Loan payments (originations), net | $130.9M | $131.6M | $111.0M | ($133.5M) |
| Purchases of loan portfolios | ($99.6M) | ($49.4M) | ($19.7M) | ($323.4M) |
| Proceeds from sales of loans originated for investment | $0 | $9.4M | $9.6M | $0 |
| Purchases of bank-owned life insurance | ($1.2M) | ($3.0M) | $0 | ($1.3M) |
| Proceeds from bank-owned life insurance death benefits | $4.1M | $4.1M | $2.6M | $2.5M |
| Net purchases of premises, equipment and land | ($5.2M) | ($15.1M) | ($12.7M) | ($18.4M) |
| Proceeds from sales of premises, equipment and land | $0 | $0 | $6.2M | — |
| Net return of capital from unconsolidated entities | $0 | $0 | $495.0K | — |
| Contributions to unconsolidated entities | ($9.9M) | ($18.8M) | ($1.6M) | ($10.2M) |
| Net proceeds from (purchases) redemption of FRB and FHLB stock | ($18.9M) | ($136.0K) | $2.4M | ($1.2M) |
| Net cash provided by investing activities | $67.2M | $654.0K | $179.7M | ($384.5M) |
| Net (decrease) increase in deposits | ($34.2M) | ($203.6M) | $111.4M | $97.1M |
| Net decrease in FHLB advances and other short-term borrowings | $0 | $0 | ($5.0M) | $5.0M |
| Proceeds from long-term debt | $0 | $0 | $50.0M | $0 |
| Repayments of long-term debt | ($80.0M) | — | — | $0 |
| Cash dividends paid on common stock | ($29.4M) | ($28.1M) | ($28.1M) | ($28.5M) |
| Repurchases of common stock and other related costs | ($23.3M) | ($945.0K) | ($2.6M) | ($20.7M) |
| Net cash (used in) provided by financing activities | ($166.9M) | ($232.7M) | $125.6M | $53.5M |
| Net (decrease) increase in cash and cash equivalents | ($2.3M) | ($141.5M) | $410.4M | ($216.9M) |
| Cash and cash equivalents at beginning of year | $380.9M | $522.4M | $112.0M | $328.9M |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $41.5M | $20.7M | $54.6M | $36.0M |
| Provision for credit losses | $6.7M | $2.4M | $13.3M | $9.2M |
| Depreciation and amortization of premises and equipment | $3.4M | $1.7M | $5.4M | $3.6M |
| Loss on disposal of premises and equipment | $0 | — | $2.0M | $10.0K |
| Non-cash lease expense | $25.0K | $0 | — | $87.0K |
| Cash flows from operating leases | ($2.5M) | ($1.2M) | ($3.8M) | ($2.6M) |
| Amortization of mortgage servicing rights | $478.0K | $265.0K | $607.0K | $397.0K |
| Net accretion of discount on investment securities | ($718.0K) | ($330.0K) | ($918.0K) | ($543.0K) |
| Share-based compensation | $1.6M | $579.0K | $1.6M | $979.0K |
| Net gain on sales of residential mortgage loans | ($402.0K) | ($205.0K) | ($909.0K) | ($468.0K) |
| Proceeds from sales of loans held for sale | $18.9M | $8.4M | $61.6M | $37.7M |
| Originations of loans held for sale | ($20.0M) | ($9.8M) | ($56.6M) | ($31.5M) |
| Equity in the earnings of unconsolidated entities | ($39.0K) | ($13.0K) | ($37.0K) | ($33.0K) |
| Distributions from unconsolidated entities | $82.0K | $30.0K | $878.0K | $13.0K |
| Net increase in cash surrender value of bank-owned life insurance | ($3.4M) | ($399.0K) | ($5.8M) | ($2.8M) |
| Deferred income tax | ($783.0K) | ($3.0M) | ($853.0K) | ($3.2M) |
| Net tax expense from share-based compensation | $0 | $0 | $137.0K | $137.0K |
| Net change in other assets and liabilities | $16.2M | $548.0K | $5.7M | $7.8M |
| Net cash provided by operating activities | $61.2M | $18.3M | $76.9M | $54.7M |
| Purchases of investment securities available-for-sale | ($125.1M) | ($48.9M) | ($50.6M) | ($50.6M) |
| Proceeds from maturities, prepayments and calls of investment securities available-for-sale | $33.1M | $15.8M | $59.0M | $41.6M |
| Proceeds from maturities, prepayments and calls of investment securities held-to-maturity | $20.0M | $9.2M | $30.6M | $19.4M |
| Loan payments, net | $14.1M | ($17.9M) | $55.3M | $99.8M |
| Purchases of loan portfolios | ($39.3M) | ($15.8M) | ($99.6M) | ($65.5M) |
| Purchases of bank-owned life insurance | ($1.0M) | ($182.0K) | ($1.0M) | ($726.0K) |
| Proceeds from bank-owned life insurance death benefits | $0 | — | $3.3M | $2.1M |
| Purchases of premises, equipment and land | ($3.0M) | ($1.1M) | ($3.8M) | ($2.9M) |
| Contributions to unconsolidated entities | ($4.2M) | ($4.2M) | ($4.2M) | ($650.0K) |
| Net redemption (purchases) of FRB and FHLB stock | $1.1M | $1.2M | ($18.3M) | ($17.9M) |
| Net cash (used in) provided by investing activities | ($104.3M) | ($61.8M) | ($27.8M) | $24.6M |
| Net increase (decrease) in deposits | $86.0M | $89.6M | ($66.3M) | ($99.0M) |
| Repayments of long-term debt | $0 | $0 | ($25.0M) | ($25.0M) |
| Cash dividends paid on common stock | ($15.1M) | ($7.6M) | ($21.9M) | ($14.6M) |
| Repurchases of common stock and other related costs | ($21.8M) | ($10.5M) | ($7.0M) | ($4.7M) |
| Common shares withheld to satisfy tax obligations related to share‑based compensation | -1.4M | -1.4M | — | — |
| Proceeds from sale of Visa Class B common stock | $0 | — | — | — |
| Net cash provided by (used in) financing activities | $47.7M | $71.5M | ($120.2M) | ($143.3M) |
| Net increase (decrease) in cash and cash equivalents | $4.6M | $27.9M | ($71.0M) | ($64.0M) |
| Cash and cash equivalents at beginning of period | $378.7M | $378.7M | $380.9M | $380.9M |
| Cash and cash equivalents at end of period | $383.3M | $406.6M | $309.9M | $317.0M |
| Interest expense paid | $30.6M | $15.1M | $57.9M | $39.1M |
| Income taxes paid, net | $3.7M | $1.8M | $7.4M | $2.2M |
| Net reclassification of loans to other real estate owned | $924.0K | — | — | — |
| Lease liabilities arising from obtaining right-of-use lease assets | $499.0K | $499.0K | $2.5M | $1.9M |
| Amortization of unrealized losses on investment securities transferred to held-to-maturity at fair value | $3.2M | $1.5M | $5.1M | $3.3M |
CENTRAL PACIFIC FINANCIAL CORP score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.