TBNK - Territorial Bancorp Inc.

NasdaqGS - NasdaqGS Delayed Price. Currency in USD

Territorial Bancorp Inc.

1132 Bishop Street
Suite 2200
Honolulu, HI 96813
United States

IndustryRegional - Pacific Banks
Full Time Employees265

Key Executives

Mr. Allan S. KitagawaChairman, CEO & Pres1.71M913.81k72
Mr. Melvin M. MiyamotoCFO, Principal Accounting Officer, SVP and Treasurer227.98kN/A64
Mr. Vernon HirataVice Chairman, Co-COO, Gen. Counsel & Corp. Sec.565.96k93.48k65
Mr. Ralph Y. NakatsukaVice Chairman, Co-COO and Vice Chairman & Co-COO of Territorial Savings Bank662.18kN/A62
Mr. Richard K. C. LauChief Lending Officer & SVP265.31kN/A75
Amounts are as of December 31, 2016 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.


Territorial Bancorp Inc. operates as the bank holding company for Territorial Savings Bank that provides various financial services to individuals, families, and businesses in 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 NOW accounts. It also provides various loan products comprising one- to four-family residential mortgage loans; home equity loans and lines of credit; construction, commercial, and other non-residential real estate loans; consumer loans; multi-family mortgage loans; commercial business loans; and other loans, as well as offers investment securities. In addition, the company, through its subsidiary, Territorial Financial Services, Inc. engages in insurance agency activities. Further, it provides various non-deposit investments, including annuities and mutual funds through a third-party broker-dealer. Territorial Bancorp Inc. offers its products and services through approximately 28 full-service branch offices. The company was founded in 1921 and is headquartered in Honolulu, Hawaii.

Corporate Governance

Territorial Bancorp Inc.’s ISS Governance QualityScore as of January 1, 2018 is 4. The pillar scores are Audit: 2; Board: 5; Shareholder Rights: 7; Compensation: 3.

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.