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Territorial Bancorp Inc. (TBNK)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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18.84-0.30 (-1.57%)
At close: 04:00PM EDT
18.84 0.00 (0.00%)
After hours: 04:00PM EDT
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Territorial Bancorp Inc.

1132 Bishop Street
Suite 2200
Honolulu, HI 96813
United States
808 946 1400
https://www.territorialsavings.net

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees260

Key Executives

NameTitlePayExercisedYear Born
Mr. Allan S. KitagawaChairman, Pres & CEO1.37MN/A1945
Mr. Vernon HirataVice Chairman, Gen. Counsel, Corp. Sec. & Co-COO588.5kN/A1952
Mr. Ralph Y. NakatsukaVice Chairman & Co-COO590.82kN/A1955
Mr. Melvin M. MiyamotoSr. VP, Treasurer & CFON/AN/A1953
Ms. Karen J. CoxSr. VP of Admin.N/AN/A1946
Mr. Walter Y. IdaDirector of Investor Relations & Sr. VPN/AN/AN/A
Mr. Stanley TanakaSr. VP of Admin., Regulatory & Consumer ComplianceN/AN/AN/A
Ms. Denise TakashimaSr. VP of Bus. Devel. & MarketingN/AN/AN/A
Mr. Robert CostaSr. VP of Branch Admin.N/AN/AN/A
Mr. Dennis HironakaSr. VP of Internal AuditN/AN/AN/A
Amounts are as of December 31, 2021 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 provides 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 accounts, certificates of deposit, money market accounts, commercial and regular checking accounts, and Super NOW accounts. It also provides various loan products comprising one-to four-family residential mortgage; home equity; consumer; multi-family mortgage; commercial business; and construction, commercial, and other nonresidential real estate loans, as well as lines of credit and investment securities. In addition, the company engages in insurance agency activities. Further, it provides various non-deposit investments, including annuities and mutual funds through a third-party broker-dealer. The company operates through a network of 29 full-service branches located in the state of Hawaii. Territorial Bancorp Inc. was founded in 1921 and is based in Honolulu, Hawaii.

Corporate Governance

Territorial Bancorp Inc.’s ISS Governance QualityScore as of July 1, 2022 is 5. The pillar scores are Audit: 6; Board: 6; Shareholder Rights: 7; Compensation: 4.

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.
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