Exhibit 21

Subsidiaries of the Registrant

The Company or one of its wholly-owned subsidiaries owned the following percent of the outstanding common stock, voting securities and interests of each of the corporations listed below as of December 31, 2006:

Name

 

State or Other Jurisdiction of Incorporation

 

Percent Owned

Central Pacific Bank

 

Hawaii

 

100%

Datatronix Financial Services, Inc.

 

Hawaii

 

100%

CPB Capital Trust I

 

Delaware

 

100%

CPB Capital Trust II

 

Delaware

 

100%

CPB Statutory Trust III

 

Connecticut

 

100%

CPB Capital Trust IV

 

Delaware

 

100%

CPB Statutory Trust V

 

Delaware

 

100%

CPB Real Estate, Inc.

 

Hawaii

 

100%

Citibank Properties, Inc.

 

Hawaii

 

100%

CB Technology, Inc.

 

Hawaii

 

100%

Central Pacific HomeLoans, Inc.

 

Hawaii

 

100%

Pacific Access Mortgage, LLC

 

Hawaii

 

50%

Lokahi Mortgage, LLC

 

Hawaii

 

50%

Gentry HomeLoans, LLC

 

Hawaii

 

50%

Towne Island Mortgage, LLC

 

Hawaii

 

50%

Pacific Island HomeLoans, LLC

 

Hawaii

 

50%

Hawaii Resort Lending, LLC

 

Hawaii

 

50%

 

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