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Hawaii: Banks’ Economic Impact

Banks support Hawaii’s economy with consumer, business and other loans, and by providing more than 5,000 people with a rewarding place to work.

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Jobs

Jobs

  • 5,130Employees

  • $542.6 MTotal Annual Compensation & Benefits

  • $105,774Average Total Compensation & Benefits

  • 7Banks Headquartered in State

Source: FDIC Call Report 2022Q4, Bureau of Labor Statistics 2022, ABA analysis

Lending

Lending

  • $5.9 BNew Home Loans Booked in 2022

  • 9,070Number of New Home Loans in 2022

  • $585,000Median New Home Loan Size in 2022

  • $3.4 BSmall Business Loans

  • 128.2 KNumber of Small Business Loans

  • $26,623Average Small Business Loan

  • $352.4 MSmall Farm Loans

  • 10,109Number of Small Farm Loans

  • $34,858Average Small Farm Loan

Source: FFIEC HMDA 2022, FFIEC CRA 2021, FDIC Call Report 2022Q4, ABA analysis

Customers

Customers

  • $59.8 BDeposits

  • 13Banks Operating Branches

  • 227Branches & Offices

  • 67Branches Offering Low Fee Bank On-certified Accounts

Source: FDIC Summary of Deposits 2022Q2, CFE Fund, ABA analysis

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