Territorial Bancorp Inc. (TBNK)

7.27 0.00 (0.00%) At close: 04:00PM EDT

Territorial Bancorp Inc.

Pauahi Tower
Suite 500 1003 Bishop Street
Honolulu, HI 96813
United States
808 946 1400
https://www.territorialsavings.net

Sector(s): Financial Services
Industry: Banks - Regional
Full Time Employees: 232

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Allan S. Kitagawa	Chairman, President & CEO	1.01M	N/A	1945
Mr. Vernon Hirata	Vice Chairman, Co-COO, General Counsel & Corporate Secretary	435.82k	N/A	1952
Mr. Melvin M. Miyamoto	Executive VP, Treasurer & CFO	206.13k	N/A	1953
Mr. Ralph Y. Nakatsuka	Vice Chairman & Co-COO	544.87k	N/A	1955
Ms. Karen J. Cox	Executive Vice President of Administration	N/A	N/A	1946
Mr. Walter Y. Ida	Senior VP & Director of Investor Relations	N/A	N/A	N/A
Mr. Stanley Tanaka	Senior Vice President of Administrative, Regulatory & Consumer Compliance	N/A	N/A	N/A
Ms. Denise Takashima	Senior Vice President of Business Development & Marketing	N/A	N/A	N/A
Diane Tamashiro	Executive Vice President of Finance	N/A	N/A	N/A
Jan Loo	Senior Vice President of Electronic Banking Services	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Territorial Bancorp Inc. operates as the holding company for Territorial Savings Bank that engages in the provision of various financial services to individuals, families, and businesses in the State of Hawaii. The company offers a range of deposit accounts, including passbook and statement savings, money market, commercial and regular checking, and Super NOW accounts, as well as certificates of deposit. It also provides various loan products, such as one-to four-family residential mortgage loans; home equity loans; consumer loans; and multi-family mortgage, commercial business, construction, commercial real estate, and other nonresidential real estate loans, as well as lines of credit and investment securities. In addition, the company is involved in the insurance agency activities. Further, it provides various non-deposit investments comprising annuities and mutual funds through a third-party broker-dealer. The company was founded in 1921 and is headquartered in Honolulu, Hawaii.

Corporate Governance

Territorial Bancorp Inc.’s ISS Governance QualityScore as of April 1, 2024 is 6. The pillar scores are Audit: 8; Board: 5; Shareholder Rights: 7; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.