We are the third-largest bank in Hawaii, when ranked by deposits. American Savings Bank of Hawaii had $8.2 billion in total deposits and about $9.1 billion in total assets, including $6.2 billion in total loans, as of June 30, 2026. Most of our loan portfolio is concentrated in Hawaiian real estate. We serve nearly 400,000 customers. We operate a network of 35 branches and over 120 ATMs on five islands in the State of Hawaii.

Our history in Hawaii goes back to 1925. 

In 1988, Hawaiian Electric Industries acquired American Savings Bank of Hawaii. 

In 2024, independent investors acquired 90.1 percent of American Savings Bank’s common stock. Hawaiian Electric Industries kept a minority non-controlling interest of 9.9 percent through ASB Hawaii Inc.

American Savings Bank is well capitalized with a common equity Tier 1 ratio of 13.5 percent and a Tier 1 leverage ratio of 9.1 percent. 

With one of the state’s highest-rated mobile apps for banking, American Savings Bank (ASB) is available anytime, anywhere, making banking easier for our customers. ASB pairs its customer experience with an award-winning employee experience that has received local and national recognition, including being named a Best Place to Work in Hawaii for 16 years.

Note: Net loss and revenue in the chart on this profile are for the 12 months that ended on Dec. 31, 2025.

For the first half of 2026 that ended on June 30, 2026, American Savings Bank of Hawaii swung to a net profit from a year-ago net loss.

(Note: American Savings Bank of Hawaii filed the terms for its IPO on Sept. 8, 2026, with the U.S Office of the Comptroller of the Currency (OCC). Background: American Savings Bank of Hawaii’s initial filing was on or about Aug. 24, 2026.)