Territorial Savings Bank (merged into Bank of Hope)
Territorial Savings Bank reported total assets of $2.1 bn at Q1 2025, its last Call Report before it merged into Bank of Hope. The CET1 capital ratio at Territorial Savings Bank was 25.99%, and the uninsured share of Territorial Savings Bank was 29.73%. Source: FDIC Call Reports.
What sets Territorial Savings Bank apart
Nothing in the latest data sets Territorial Savings Bank apart from banks of its size: no ratio in the top or bottom tenth of its size group, no large rank move or year change, and no acquisition in the FDIC history since 2016. This page is kept out of search results until that changes.
How large is Territorial Savings Bank?
The balance sheet of Territorial Savings Bank at : assets $2.1 bn, deposits $1.7 bn, net loans $1.3 bn (loans equal to 75.44% of deposits). Securities make up 31.0% of total assets at Territorial Savings Bank. Since , when Territorial Savings Bank held $1.8 bn, its assets grew 14.1%. In the year to , deposits at Territorial Savings Bank rose 3.6% while its total assets fell 3.8%. At , Territorial Savings Bank employed 233 full-time equivalent staff across 30 offices, about $9.1 mn of assets per employee and $56.2 mn of deposits per office.
How much funding at Territorial Savings Bank is uninsured?
At Territorial Savings Bank, uninsured deposits (above the FDIC limit) made up 29.73% of domestic deposits at (+4.88 pp on a year earlier). In dollars, Territorial Savings Bank estimated $500.9 mn of uninsured deposits.
Key facts, Q1 2025
| Metric | Value | A year earlier | US rank |
|---|---|---|---|
| Total deposits | $1.7 bn | $1.6 bn (Q1 2024) | |
| Net loans and leases | $1.3 bn | $1.3 bn (Q1 2024) | |
| Loan-to-deposit ratio | 75.44% | 80.23% (Q1 2024) | |
| Tier 1 leverage ratio | 10.67% | 10.79% (Q1 2024) | |
| Total risk-based capital ratio | 26.57% | 26.91% (Q1 2024) | |
| Net interest margin | 1.48% | 1.67% (Q1 2024) | |
| Return on assets (ROA) | -1.42% | -0.01% (Q1 2024) | |
| Efficiency ratio | 249.60% | 101.26% (Q1 2024) | |
| Unrealized gain/loss on held-to-maturity securities | Loss of $120.2 mn | Narrowed by $10.1 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $2.6 mn | Narrowed by $343,000 | |
| Noncurrent loans to total loans | 0.15% | 0.17% (Q1 2024) | |
| Net charge-offs to average loans | 0.00% | 0.00% (Q1 2024) |
US rank of Territorial Savings Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Territorial Savings Bank: assets, deposits and loans
- Total assets $2.1bn
- Deposits $1.7bn
- Net loans $1.3bn
Capital and securities
The CET1 ratio of Territorial Savings Bank stood at 25.99% in , -0.35 pp year on year. Low and high at Territorial Savings Bank since : 22.88% () to 28.91% (). Equity capital of Territorial Savings Bank at : $228.6 mn, or 10.8% of total assets. Territorial Savings Bank also reported a total capital ratio of 26.57% for , and a tier 1 leverage ratio of 10.67%.
On held-to-maturity securities, Territorial Savings Bank carried an unrealized loss of $120.2 mn at , equal to 52.6% of equity capital. The loss narrowed by $10.1 mn over the year. Its deepest point: $159.1 mn in . The available-for-sale portfolio of Territorial Savings Bank showed an unrealized loss of $2.6 mn at ; the loss narrowed by $343,000 over the year.
Territorial Savings Bank: capital ratios
- Total capital 27%
- CET1 26%
- Tier 1 leverage 11%
Territorial Savings Bank: unrealized securities gains and losses
- Available for sale -$3mn
- Held to maturity -$120mn
Profitability and loan quality
For the year to , Territorial Savings Bank earned a return on equity of -13.20%; return on assets: -1.42%. Net interest margin at Territorial Savings Bank: 1.48%, -0.18 pp in a year. Territorial Savings Bank net income: -$7.6 mn, up 14,271.7% year on year. The efficiency ratio of Territorial Savings Bank was 249.60%: about 250 cents cost per revenue dollar, against 67 cents at the median peer.
At , noncurrent loans were 0.15% of total loans at Territorial Savings Bank; net charge-offs: 0.00% of average loans. Gross loans and leases at Territorial Savings Bank: $1.3 bn at , against $1.3 bn at .
Territorial Savings Bank: profitability
- Return on equity -13%
- Net interest margin 1.5%
- Return on assets -1.4%
Peer group of Territorial Savings Bank
The peer group of Territorial Savings Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of Territorial Savings Bank (state member bank) and 0 have head offices in Hawaii. Against them, Territorial Savings Bank shows CET1 ratio 25.99% against a peer median of 12.56%, return on equity -13.20% against a peer median of 9.46% and uninsured deposit share 29.73% against a peer median of 24.88%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| ESSA Bank & Trust | State-chartered stock savings bank | PA | $2.2 bn | 12.87% | 6.14% | 26.19% | |
| Ion Bank | State member bank | CT | $2.2 bn | 12.25% | 10.01% | 23.58% | |
| State Bank of the Lakes | National bank | IL | $2.2 bn | 11.47% | 11.70% | 15.77% | |
| Territorial Savings Bank | State member bank | HI | $2.1 bn | 25.99% | -13.20% | 29.73% | |
| Planters Bank & Trust Company | State nonmember bank | MS | $2.1 bn | 14.15% | 7.97% | 36.22% | |
| WebBank | State nonmember bank | UT | $2.1 bn | 18.25% | 22.66% | 9.78% | |
| Fidelity Bank & Trust | State nonmember bank | IA | $2.0 bn | 11.54% | 8.92% | 39.77% | |
. FDIC Call Reports.
Last eight quarters
Two years at Territorial Savings Bank, to : assets $2.2 bn to $2.1 bn, deposits $1.7 bn to $1.7 bn, equity $229.5 mn to $228.6 mn. Staff 246 to 233.
| Metric | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $2.2 bn | $2.2 bn | $2.2 bn | $2.2 bn | $2.2 bn | $2.2 bn | $2.2 bn | $2.1 bn |
| Total deposits | $1.7 bn | $1.7 bn | $1.7 bn | $1.6 bn | $1.6 bn | $1.7 bn | $1.7 bn | $1.7 bn |
| Bank equity capital | $229.5 mn | $229.9 mn | $232.8 mn | $232.4 mn | $232.2 mn | $232.1 mn | $233.0 mn | $228.6 mn |
| CET1 ratio | 26.05% | 26.17% | 26.31% | 26.34% | 26.55% | 26.68% | 26.69% | 25.99% |
| Return on equity (ROE) | 3.66% | 3.05% | 2.49% | -0.09% | -0.18% | -0.65% | -0.66% | -13.20% |
| Uninsured share of domestic deposits | 24.32% | 25.48% | 25.12% | 24.85% | 24.58% | 29.89% | 32.85% | 29.73% |
| Full-time equivalent employees | 246 | 243 | 236 | 228 | 223 | 230 | 238 | 233 |
| Number of offices | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Territorial Savings Bank, oldest first; figures before and after each event are not like for like.
- . Merged into Bank of Hope (FDIC certificate 26610).
Questions and identifiers
What were the total assets of Territorial Savings Bank?
Territorial Savings Bank reported $2.1 bn at in its Call Report.
Is Territorial Savings Bank the same as its holding company?
No. This page covers Territorial Savings Bank, FDIC certificate 30836; TERRITORIAL BCORP INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Territorial Savings Bank profitable?
Territorial Savings Bank reported net income of -$7.6 mn for the year to ; annualized return on equity: -13.20%. So no: Territorial Savings Bank made a loss over these months.
When is data for Territorial Savings Bank next updated?
Territorial Savings Bank no longer files Call Reports; its data ends at .
Where can I check the figures for Territorial Savings Bank?
In the FDIC BankFind Suite record for certificate 30836, and in the Call Reports of Territorial Savings Bank (RSSD ID 564977) at the FFIEC Central Data Repository.