CENTRAL PACIFIC FINANCIAL CORP
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
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FY2023 · Filed Feb 21, 2024
CPF$39.11+0.2%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income (Loss)
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| (Dollars in thousands) | |||
| Net income | $58,669 | $73,928 | $79,894 |
| Other comprehensive income (loss), net of tax: | |||
| Net change in unrealized gain (loss) on investment securities | 15,852 | (150,141) | (30,317) |
| Amortization of unrealized losses on investment securities transferred to held-to-maturity | 5,335 | 4,698 | — |
| Net change in unrealized gain on derivatives | 384 | 4,645 | — |
| Defined benefit plans | (183) | 4,774 | 2,229 |
| Total other comprehensive income (loss), net of tax | 21,388 | (136,024) | (28,088) |
| Comprehensive income (loss) | $80,057 | $(62,096) | $51,806 |
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