XML 40 R29.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Investment Securities (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Investment Securities |
Schedule of amortized cost and fair value of securities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2024 | ​ | December 31, 2023
​ | ​ | Amortized | ​ | Unrealized | ​ | Unrealized | ​ | Fair | ​ | Amortized | ​ | Unrealized | ​ | Unrealized | ​ | Fair
(dollars in thousands) |  | Cost |  | Gains |  | Losses |  | Value |  | Cost |  | Gains |  | Losses |  | Value
U.S. Treasury and government agency debt securities | ​ | $ | 13,287 | ​ | $ | — | ​ | $ | (318) | ​ | $ | 12,969 | ​ | $ | 33,169 | ​ | $ | — | ​ | $ | (666) | ​ | $ | 32,503
Government-sponsored enterprises debt securities | ​ | ​ | 20,000 | ​ | ​ | — | ​ | ​ | (332) | ​ | ​ | 19,668 | ​ | ​ | 20,000 | ​ | ​ | — | ​ | ​ | (408) | ​ | ​ | 19,592
Mortgage-backed securities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential - Government agency | ​ | ​ | 10,765 | ​ | ​ | — | ​ | ​ | (1,430) | ​ | ​ | 9,335 | ​ | ​ | 11,303 | ​ | ​ | — | ​ | ​ | (1,121) | ​ | ​ | 10,182
Residential - Government-sponsored enterprises | ​ | ​ | 838,352 | ​ | ​ | — | ​ | ​ | (117,207) | ​ | ​ | 721,145 | ​ | ​ | 895,421 | ​ | ​ | — | ​ | ​ | (112,124) | ​ | ​ | 783,297
Commercial - Government agency | ​ | ​ | 262,848 | ​ | ​ | — | ​ | ​ | (54,620) | ​ | ​ | 208,228 | ​ | ​ | 268,944 | ​ | ​ | — | ​ | ​ | (50,270) | ​ | ​ | 218,674
Commercial - Government-sponsored enterprises | ​ | ​ | 89,027 | ​ | ​ | — | ​ | ​ | (6,535) | ​ | ​ | 82,492 | ​ | ​ | 93,459 | ​ | ​ | — | ​ | ​ | (7,028) | ​ | ​ | 86,431
Commercial - Non-agency | ​ | ​ | 22,000 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 22,000 | ​ | ​ | 21,964 | ​ | ​ | — | ​ | ​ | (281) | ​ | ​ | 21,683
Collateralized mortgage obligations: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Government agency | ​ | ​ | 505,180 | ​ | ​ | — | ​ | ​ | (70,324) | ​ | ​ | 434,856 | ​ | ​ | 538,718 | ​ | ​ | — | ​ | ​ | (67,568) | ​ | ​ | 471,150
Government-sponsored enterprises | ​ | ​ | 400,145 | ​ | ​ | — | ​ | ​ | (60,910) | ​ | ​ | 339,235 | ​ | ​ | 425,826 | ​ | ​ | — | ​ | ​ | (61,856) | ​ | ​ | 363,970
Collateralized loan obligations | ​ | ​ | 217,400 | ​ | ​ | 628 | ​ | ​ | — | ​ | ​ | 218,028 | ​ | ​ | 249,871 | ​ | ​ | 43 | ​ | ​ | (2,060) | ​ | ​ | 247,854
Total available-for-sale securities | ​ | $ | 2,379,004 | ​ | $ | 628 | ​ | $ | (311,676) | ​ | $ | 2,067,956 | ​ | $ | 2,558,675 | ​ | $ | 43 | ​ | $ | (303,382) | ​ | $ | 2,255,336
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Government agency debt securities | ​ | $ | 50,589 | ​ | $ | — | ​ | $ | (5,284) | ​ | $ | 45,305 | ​ | $ | 52,051 | ​ | $ | — | ​ | $ | (4,497) | ​ | $ | 47,554
Mortgage-backed securities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential - Government agency | ​ | ​ | 42,233 | ​ | ​ | — | ​ | ​ | (6,530) | ​ | ​ | 35,703 | ​ | ​ | 43,885 | ​ | ​ | — | ​ | ​ | (5,189) | ​ | ​ | 38,696
Residential - Government-sponsored enterprises | ​ | ​ | 96,074 | ​ | ​ | — | ​ | ​ | (13,792) | ​ | ​ | 82,282 | ​ | ​ | 99,379 | ​ | ​ | — | ​ | ​ | (11,013) | ​ | ​ | 88,366
Commercial - Government agency | ​ | ​ | 30,907 | ​ | ​ | — | ​ | ​ | (8,184) | ​ | ​ | 22,723 | ​ | ​ | 30,795 | ​ | ​ | — | ​ | ​ | (7,017) | ​ | ​ | 23,778
Commercial - Government-sponsored enterprises | ​ | ​ | 1,120,320 | ​ | ​ | 180 | ​ | ​ | (138,949) | ​ | ​ | 981,551 | ​ | ​ | 1,129,738 | ​ | ​ | 195 | ​ | ​ | (130,757) | ​ | ​ | 999,176
Collateralized mortgage obligations: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Government agency | ​ | ​ | 949,738 | ​ | ​ | — | ​ | ​ | (123,994) | ​ | ​ | 825,744 | ​ | ​ | 989,130 | ​ | ​ | — | ​ | ​ | (109,471) | ​ | ​ | 879,659
Government-sponsored enterprises | ​ | ​ | 1,572,924 | ​ | ​ | — | ​ | ​ | (213,245) | ​ | ​ | 1,359,679 | ​ | ​ | 1,642,274 | ​ | ​ | — | ​ | ​ | (193,897) | ​ | ​ | 1,448,377
Debt securities issued by states and political subdivisions | ​ | ​ | 54,390 | ​ | ​ | — | ​ | ​ | (6,371) | ​ | ​ | 48,019 | ​ | ​ | 54,197 | ​ | ​ | — | ​ | ​ | (4,947) | ​ | ​ | 49,250
Total held-to-maturity securities | ​ | $ | 3,917,175 | ​ | $ | 180 | ​ | $ | (516,349) | ​ | $ | 3,401,006 | ​ | $ | 4,041,449 | ​ | $ | 195 | ​ | $ | (466,788) | ​ | $ | 3,574,856
Schedule of amortized cost and fair value of debt securities by contractual maturity | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2024
​ | ​ | Amortized | ​ | Fair
(dollars in thousands) |  | Cost |  | Value
Available-for-sale securities | ​ | ​ | ​ | ​ | ​ | ​
Due in one year or less | ​ | $ | 33,287 | ​ | $ | 32,636
Due after one year through five years | ​ | ​ | 9,275 | ​ | ​ | 9,293
Due after five years through ten years | ​ | ​ | 102,374 | ​ | ​ | 102,643
Due after ten years | ​ | ​ | 127,751 | ​ | ​ | 128,093
​ | ​ | ​ | 272,687 | ​ | ​ | 272,665
​ | ​ | ​ | ​ | ​ | ​ | ​
Mortgage-backed securities: | ​ | ​ | ​ | ​ | ​ | ​
Residential - Government agency | ​ | ​ | 10,765 | ​ | ​ | 9,335
Residential - Government-sponsored enterprises | ​ | ​ | 838,352 | ​ | ​ | 721,145
Commercial - Government agency | ​ | ​ | 262,848 | ​ | ​ | 208,228
Commercial - Government-sponsored enterprises | ​ | ​ | 89,027 | ​ | ​ | 82,492
Total mortgage-backed securities | ​ | ​ | 1,200,992 | ​ | ​ | 1,021,200
Collateralized mortgage obligations: | ​ | ​ | ​ | ​ | ​ | ​
Government agency | ​ | ​ | 505,180 | ​ | ​ | 434,856
Government-sponsored enterprises | ​ | ​ | 400,145 | ​ | ​ | 339,235
Total collateralized mortgage obligations | ​ | ​ | 905,325 | ​ | ​ | 774,091
Total available-for-sale securities | ​ | $ | 2,379,004 | ​ | $ | 2,067,956
​ | ​ | ​ | ​ | ​ | ​ | ​
Held-to-maturity securities | ​ | ​ | ​ | ​ | ​ | ​
Due in one year or less | ​ | $ | — | ​ | $ | —
Due after one year through five years | ​ | ​ | — | ​ | ​ | —
Due after five years through ten years | ​ | ​ | 22,182 | ​ | ​ | 19,901
Due after ten years | ​ | ​ | 82,797 | ​ | ​ | 73,423
​ | ​ | ​ | 104,979 | ​ | ​ | 93,324
​ | ​ | ​ | ​ | ​ | ​ | ​
Mortgage-backed securities: | ​ | ​ | ​ | ​ | ​ | ​
Residential - Government agency | ​ | ​ | 42,233 | ​ | ​ | 35,703
Residential - Government-sponsored enterprises | ​ | ​ | 96,074 | ​ | ​ | 82,282
Commercial - Government agency | ​ | ​ | 30,907 | ​ | ​ | 22,723
Commercial - Government-sponsored enterprises | ​ | ​ | 1,120,320 | ​ | ​ | 981,551
Total mortgage-backed securities | ​ | ​ | 1,289,534 | ​ | ​ | 1,122,259
Collateralized mortgage obligations: | ​ | ​ | ​ | ​ | ​ | ​
Government agency | ​ | ​ | 949,738 | ​ | ​ | 825,744
Government-sponsored enterprises | ​ | ​ | 1,572,924 | ​ | ​ | 1,359,679
Total collateralized mortgage obligations | ​ | ​ | 2,522,662 | ​ | ​ | 2,185,423
Total held-to-maturity securities | ​ | $ | 3,917,175 | ​ | $ | 3,401,006
Schedule of gross unrealized losses and fair values of securities in a continuous loss position | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Time in Continuous Loss as of June 30, 2024
​ | ​ | Less Than 12 Months | ​ | 12 Months or More | ​ | Total
​ | ​ | Unrealized | ​ | ​ | ​ | ​ | Unrealized | ​ | ​ | ​ | ​ | Unrealized | ​ | ​ | ​
(dollars in thousands) |  | Losses |  | Fair Value |  | Losses |  | Fair Value |  | Losses |  | Fair Value
U.S. Treasury and government agency debt securities | ​ | $ | — | ​ | $ | — | ​ | $ | (318) | ​ | $ | 12,969 | ​ | $ | (318) | ​ | $ | 12,969
Government-sponsored enterprises debt securities | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (332) | ​ | ​ | 19,668 | ​ | ​ | (332) | ​ | ​ | 19,668
Mortgage-backed securities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential - Government agency | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (1,430) | ​ | ​ | 9,335 | ​ | ​ | (1,430) | ​ | ​ | 9,335
Residential - Government-sponsored enterprises | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (117,207) | ​ | ​ | 721,145 | ​ | ​ | (117,207) | ​ | ​ | 721,145
Commercial - Government agency | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (54,620) | ​ | ​ | 208,228 | ​ | ​ | (54,620) | ​ | ​ | 208,228
Commercial - Government-sponsored enterprises | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (6,535) | ​ | ​ | 82,492 | ​ | ​ | (6,535) | ​ | ​ | 82,492
Commercial - Non-agency | ​ | ​ | — | ​ | ​ | 22,000 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 22,000
Collateralized mortgage obligations: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Government agency | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (70,324) | ​ | ​ | 434,856 | ​ | ​ | (70,324) | ​ | ​ | 434,856
Government-sponsored enterprises | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (60,910) | ​ | ​ | 339,235 | ​ | ​ | (60,910) | ​ | ​ | 339,235
Total available-for-sale securities with unrealized losses | ​ | $ | — | ​ | $ | 22,000 | ​ | $ | (311,676) | ​ | $ | 1,827,928 | ​ | $ | (311,676) | ​ | $ | 1,849,928
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Time in Continuous Loss as of December 31, 2023
​ | ​ | Less Than 12 Months | ​ | 12 Months or More | ​ | Total
​ | ​ | Unrealized | ​ | ​ | ​ | ​ | Unrealized | ​ | ​ | ​ | ​ | Unrealized | ​ | ​ | ​
(dollars in thousands) |  | Losses |  | Fair Value |  | Losses |  | Fair Value |  | Losses |  | Fair Value
U.S. Treasury and government agency debt securities | ​ | $ | — | ​ | $ | — | ​ | $ | (666) | ​ | $ | 32,503 | ​ | $ | (666) | ​ | $ | 32,503
Government-sponsored enterprises debt securities | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (408) | ​ | ​ | 19,592 | ​ | ​ | (408) | ​ | ​ | 19,592
Mortgage-backed securities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential - Government agency | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (1,121) | ​ | ​ | 10,182 | ​ | ​ | (1,121) | ​ | ​ | 10,182
Residential - Government-sponsored enterprises | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (112,124) | ​ | ​ | 783,297 | ​ | ​ | (112,124) | ​ | ​ | 783,297
Commercial - Government agency | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (50,270) | ​ | ​ | 218,674 | ​ | ​ | (50,270) | ​ | ​ | 218,674
Commercial - Government-sponsored enterprises | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (7,028) | ​ | ​ | 86,431 | ​ | ​ | (7,028) | ​ | ​ | 86,431
Commercial - Non-agency | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (281) | ​ | ​ | 21,683 | ​ | ​ | (281) | ​ | ​ | 21,683
Collateralized mortgage obligations: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Government agency | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (67,568) | ​ | ​ | 471,150 | ​ | ​ | (67,568) | ​ | ​ | 471,150
Government-sponsored enterprises | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (61,856) | ​ | ​ | 363,970 | ​ | ​ | (61,856) | ​ | ​ | 363,970
Collateralized loan obligations | ​ | ​ | (564) | ​ | ​ | 63,667 | ​ | ​ | (1,496) | ​ | ​ | 163,126 | ​ | ​ | (2,060) | ​ | ​ | 226,793
Total available-for-sale securities with unrealized losses | ​ | $ | (564) | ​ | $ | 63,667 | ​ | $ | (302,818) | ​ | $ | 2,170,608 | ​ | $ | (303,382) | ​ | $ | 2,234,275

X
- Definition Tabular disclosure of the reconciliation of available-for-sale and held-to-maturity securities from cost basis to fair value. + References No definition available. + Details
Name: | fhb_ScheduleOfAvailableForSaleSecuritiesAndHeldToMaturityReconciliationTableTextBlock
Namespace Prefix: | fhb_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 326 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479081/326-30-55-8 Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-6 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479106/326-30-50-4 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration