XML 65 R55.htm IDEA: XBRL DOCUMENT
v3.23.2

ALLOWANCE FOR CREDIT LOSSES AND RESERVE FOR OFF-BALANCE SHEET CREDIT EXPOSURE (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022
Changes in the allowance |  |  |  |
Beginning balance | $ 63,099 | $ 64,754 | $ 63,738 | $ 68,097
Provision (credit) for credit losses on loans | 4,135 | 1,456 | 5,750 | (1,475)
Subtotal | 67,234 | 66,210 | 69,488 | 66,622
Charge-offs | 4,235 | 1,877 | 7,700 | 3,347
Recoveries | 850 | 878 | 2,061 | 1,936
Net charge-offs (recoveries) | 3,385 | 999 | 5,639 | 1,411
Ending balance | 63,849 | 65,211 | 63,849 | 65,211
Commercial, financial and agricultural: |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 1 | 36 | 2 | 77
Provision (credit) for credit losses on loans | 0 | (21) | (1) | (62)
Subtotal | 1 | 15 | 1 | 15
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 0 | 0 | 0
Net charge-offs (recoveries) | 0 | 0 | 0 | 0
Ending balance | 1 | 15 | 1 | 15
Other |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 7,130 | 9,562 | 6,822 | 10,314
Provision (credit) for credit losses on loans | 52 | (1,565) | 889 | (2,413)
Subtotal | 7,182 | 7,997 | 7,711 | 7,901
Charge-offs | 362 | 487 | 1,141 | 741
Recoveries | 125 | 215 | 375 | 565
Net charge-offs (recoveries) | 237 | 272 | 766 | 176
Ending balance | 6,945 | 7,725 | 6,945 | 7,725
Construction | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 3,087 | 3,836 | 2,867 | 3,908
Provision (credit) for credit losses on loans | 567 | (833) | 787 | (905)
Subtotal | 3,654 | 3,003 | 3,654 | 3,003
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 62 | 0 | 62
Net charge-offs (recoveries) | 0 | (62) | 0 | (62)
Ending balance | 3,654 | 3,065 | 3,654 | 3,065
Residential Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 11,813 | 11,043 | 11,804 | 12,463
Provision (credit) for credit losses on loans | 413 | 1,688 | 369 | 156
Subtotal | 12,226 | 12,731 | 12,173 | 12,619
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 7 | 36 | 60 | 148
Net charge-offs (recoveries) | (7) | (36) | (60) | (148)
Ending balance | 12,233 | 12,767 | 12,233 | 12,767
Home Equity | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 4,037 | 4,641 | 4,114 | 4,509
Provision (credit) for credit losses on loans | (87) | (596) | (164) | (464)
Subtotal | 3,950 | 4,045 | 3,950 | 4,045
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 15 | 0 | 15 | 0
Net charge-offs (recoveries) | (15) | 0 | (15) | 0
Ending balance | 3,965 | 4,045 | 3,965 | 4,045
Commercial Mortgage | Real Estate |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 17,472 | 16,055 | 17,902 | 18,411
Provision (credit) for credit losses on loans | (107) | 1,803 | (537) | (553)
Subtotal | 17,365 | 17,858 | 17,365 | 17,858
Charge-offs | 0 | 0 | 0 | 0
Recoveries | 0 | 0 | 0 | 0
Net charge-offs (recoveries) | 0 | 0 | 0 | 0
Ending balance | 17,365 | 17,858 | 17,365 | 17,858
Consumer | Consumer |  |  |  |
Changes in the allowance |  |  |  |
Beginning balance | 19,559 | 19,581 | 20,227 | 18,415
Provision (credit) for credit losses on loans | 3,297 | 980 | 4,407 | 2,766
Subtotal | 22,856 | 20,561 | 24,634 | 21,181
Charge-offs | 3,873 | 1,390 | 6,559 | 2,606
Recoveries | 703 | 565 | 1,611 | 1,161
Net charge-offs (recoveries) | 3,170 | 825 | 4,948 | 1,445
Ending balance | $ 19,686 | $ 19,736 | $ 19,686 | $ 19,736

X
- Definition Reflects the amount of loans and leases that have been removed or charged-off from both loan receivables and the reserve for credit losses, net of any recoveries of previously removed or charged-off credit losses. + References No definition available. + Details
Name: | cpf_AllowanceForLoanAndLeaseLossesNetLossesRecoveries
Namespace Prefix: | cpf_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Represents the balance in the allowance for loans and leases receivable after providing for estimated losses but before reflecting the write-off or recovery of bad debts. + References No definition available. + Details
Name: | cpf_LoansAndLeasesReceivableAllowanceExcludingNetChargeoffs
Namespace Prefix: | cpf_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Provision (Credit) For Loan And Lease Losses, Excluding Provision For Credit Losses On Accrued Interest Receivable + References No definition available. + Details
Name: | cpf_ProvisionCreditForLoanAndLeaseLossesExcludingProvisionForCreditLossesOnAccruedInterestReceivable
Namespace Prefix: | cpf_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of recovery of loans and lease receivables which had previously been fully or partially written-off as bad debts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 11B -Subparagraph (c)(4) -SubTopic 10 -Topic 310 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B + Details
Name: | us-gaap_AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_AllowanceForLoanAndLeaseLossesRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of loans and leases that have been written off from both loan receivables and allowance reserve for credit loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 11B -Subparagraph (c)(3) -SubTopic 10 -Topic 310 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B + Details
Name: | us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of allowance to cover probable credit losses on loans and leases. Includes carryover of or adjustments to the allowance for loan losses in connection with business combinations. Excludes allowance for loans and leases covered under loss sharing agreements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 310 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b)(1)(ii) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481696/310-30-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 11B -Subparagraph (c)(1) -SubTopic 10 -Topic 310 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 11B -Subparagraph (g) -SubTopic 10 -Topic 310 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section S99 -Paragraph 4 -Subparagraph (SAB Topic 6.L.1) -SubTopic 10 -Topic 310 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480418/310-10-S99-4 + Details
Name: | us-gaap_LoansAndLeasesReceivableAllowance
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=cpf_CommercialFinancialAndAgriculturalPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=cpf_CommercialFinancialAndAgriculturalOtherPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_ConstructionLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=cpf_RealEstatePortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=cpf_ResidentialRealEstateLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_HomeEquityLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=cpf_CommercialRealEstateLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=cpf_OtherLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_ConsumerPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |