Parent Company (Tables) - First Hawaiian, Inc.

12 Months Ended

Dec. 31, 2016

Condensed Statements of Comprehensive Income

Condensed Statements of Comprehensive Income
	Year Ended December 31,
(dollars in thousands)	2016		2015		2014
Income
Dividends from FHB	$	479,692	$	175,600	$	197,800
Other income		368		—		—
Total income		480,060		175,600		197,800
Noninterest expense
Salaries and employee benefits		6,820		10,930		3,890
Contracted services and professional fees		5,424		5,791		2,997
Advertising and marketing		4		—		—
Other		999		2,076		1,829
Total noninterest expense		13,247		18,797		8,716
Income before income tax benefit and equity in undistributed income (excess distributions) of FHB		466,813		156,803		189,084
Income tax benefit		3,175		7,425		3,443
(Excess distributions) equity in undistributed income of FHB		(239,810)		49,552		24,145
Net income	$	230,178	$	213,780	$	216,672
Comprehensive income	$	193,426	$	213,978	$	210,980

Condensed Balance Sheet

Condensed Statements of Condition
	December 31,
(dollars in thousands)	2016		2015
Assets
Cash and cash equivalents	$	5,994	$	10,000
Investment in FHB		2,440,596		2,726,941
Other assets		50,831		—
Total assets	$	2,497,421	$	2,736,941
Liabilities and Stockholders' Equity
Retirement benefits payable	$	736	$	—
Other liabilities		20,200		—
Total liabilities		20,936		—
Stockholders' Equity
Stockholders' equity		2,476,485		2,736,941
Total stockholders' equity		2,476,485		2,736,941
Total liabilities and stockholders' equity	$	2,497,421	$	2,736,941

Condensed Statement of Cash Flows

Condensed Statements of Cash Flows
	Year Ended December 31,
(dollars in thousands)	2016		2015		2014
Cash flows from operating activities
Net income	$	230,178	$	213,780	$	216,672
Adjustments to reconcile net income to net cash provided by operating activities:
Excess distributions (equity in undistributed income) of FHB		239,810		(49,552)		(24,145)
Deferred income taxes		191		—		—
Stock-based compensation		55		—		—
Change in assets and liabilities:				—		—
Net increase in other assets		(18,875)		—		—
Net decrease in other liabilities		(8,368)		—		—
Net cash provided by operating activities		442,991		164,228		192,527
Cash flows from financing activities
Dividends		(85,797)		—		—
Distributions		(361,200)		(164,228)		(192,527)
Net cash used in financing activities		(446,997)		(164,228)		(192,527)
Net change in cash and cash equivalents		(4,006)		—		—
Cash and cash equivalents at beginning of year		10,000		10,000		10,000
Cash and cash equivalents at end of year	$	5,994	$	10,000	$	10,000