Company research
Territorial Bancorp Inc.
CIK 1447051Updated Jul 19, 2026
Filing activity
Latest filing
50 filings on record · 15-12G, 4, 8-K, S-8 POS, 25-NSE, 10-K.
Financials
FY 2024 · USDSource
Source
Source
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,169,715,000Source | 2,236,672,000Source | 2,169,592,000Source | 2,130,602,000Source |
| Property, Plant and Equipment, NetUSD | 7,278,000Source | 7,185,000Source | 7,599,000Source | 4,065,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 123,523,000Source | 126,659,000Source | 40,553,000Source | 99,859,000Source |
| Operating Lease, Right-of-Use AssetUSD | 12,523,000Source | 12,371,000Source | 14,498,000Source | 9,982,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 1,921,364,000Source | 1,985,586,000Source | 1,913,042,000Source | 1,874,280,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 88,000Source | 88,000Source | 91,000Source | 93,000Source |
| Retained Earnings (Accumulated Deficit)USD | 206,693,000Source | 211,644,000Source | 215,314,000Source | 208,227,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -4,840,000Source | -6,221,000Source | -7,744,000Source | -5,524,000Source |
| Stockholders' Equity Attributable to ParentUSD | 248,351,000Source | 251,086,000Source | 256,550,000Source | 256,322,000Source |
| Additional Paid in Capital, Common StockUSD | 48,367,000Source | 48,022,000Source | 51,825,000Source | 56,951,000Source |
| Liabilities and EquityUSD | 2,169,715,000Source | 2,236,672,000Source | 2,169,592,000Source | 2,130,602,000Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -4,299,000Source | 5,027,000Source | 16,156,000Source | 17,430,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Deferred Income Tax Expense (Benefit)USD | 78,000Source | -525,000Source | 1,090,000Source | 305,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -7,483,000Source | 8,257,000Source | 16,666,000Source | 12,524,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 65,991,000Source | 16,874,000Source | -95,252,000Source | -283,012,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 1,049,000Source | 685,000Source | 4,715,000Source | 363,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | — | 4,065,000Source | 5,973,000Source | 5,000,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -61,644,000Source | 60,975,000Source | 19,280,000Source | 6,804,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 703,000Source | 6,412,000Source | 9,071,000Source | 10,224,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -3,136,000Source | 86,106,000Source | -59,306,000Source | -263,684,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 123,523,000Source | 126,659,000Source | 40,553,000Source | 99,859,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 40,817,000Source | 25,975,000Source | 6,549,000Source | 6,276,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 428,000Source | 177,000Source | 480,000Source | 351,000Source |
| Bank Owned Life Insurance IncomeUSD | 1,007,000Source | 855,000Source | 792,000Source | 779,000Source |
| DepreciationUSD | 1,000,000Source | 1,100,000Source | 1,200,000Source | 1,200,000Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | 0Source | 0Source | 0Source | 0Source |
| Equipment ExpenseUSD | 5,307,000Source | 5,156,000Source | 5,006,000Source | 4,483,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -1,000Source | -5,000Source | — | -2,000Source |
| Gain (Loss) on Sales of Loans, NetUSD | 19,000Source | 10,000Source | -3,000Source | 663,000Source |
| Income Tax Expense (Benefit)USD | -2,415,000Source | 1,810,000Source | 5,318,000Source | 6,373,000Source |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment LossUSD | — | — | — | 1,840,000Source |
| Net Income (Loss) Attributable to ParentUSD | -4,299,000Source | 5,027,000Source | 16,156,000Source | 17,430,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -4,299,000Source | 4,979,000Source | 16,058,000Source | 17,355,000Source |
| Other Interest and Dividend IncomeUSD | 6,628,000Source | 4,127,000Source | 1,173,000Source | 832,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 1,127,000Source | 1,038,000Source | 1,279,000Source | 198,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | 73,000Source | -3,000Source | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 1,153,000Source | 1,308,000Source | 1,497,000Source | 2,507,000Source |
| Stock or Unit Option Plan ExpenseUSD | 458,000Source | 692,000Source | 1,091,000Source | 1,254,000Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 1,585,000Source | 1,606,000Source | 3,420,000Source | 3,190,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -6,714,000Source | 6,837,000Source | 21,474,000Source | 23,803,000Source |
| Income Tax Expense (Benefit)USD | -2,415,000Source | 1,810,000Source | 5,318,000Source | 6,373,000Source |
| Net Income (Loss) Attributable to ParentUSD | -4,299,000Source | 5,027,000Source | 16,156,000Source | 17,430,000Source |
| Earnings Per Share, BasicUSD per share | -0.5Source | 0.58Source | 1.81Source | 1.92Source |
| Earnings Per Share, DilutedUSD per share | -0.5Source | 0.57Source | 1.8Source | 1.9Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 8,610,706Source | 8,636,495Source | 8,865,946Source | 9,059,204Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 8,610,706Source | 8,684,092Source | 8,920,714Source | 9,110,335Source |
| Additional Financial Items | ||||
| Bank Owned Life Insurance IncomeUSD | 1,007,000Source | 855,000Source | 792,000Source | 779,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.08Source | 0.74Source | 1.02Source | 1.02Source |
| Current Income Tax Expense (Benefit)USD | -2,493,000Source | 2,335,000Source | 4,228,000Source | 6,068,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 956,000Source | 1,093,000Source | 1,181,000Source | 1,151,000Source |
| Equipment ExpenseUSD | 5,307,000Source | 5,156,000Source | 5,006,000Source | 4,483,000Source |
| Interest ExpenseUSD | — | 26,457,000Source | 7,215,000Source | 6,276,000Source |
| InterestExpenseOperatingUSD | 40,613,000Source | — | — | — |
| Interest Expense, Securities Sold under Agreements to RepurchaseUSD | 152,000Source | 183,000Source | 183,000Source | 184,000Source |
| Interest Income (Expense), NetUSD | 31,692,000Source | 42,631,000Source | 55,487,000Source | 54,025,000Source |
| Labor and Related ExpenseUSD | 19,787,000Source | 20,832,000Source | 22,259,000Source | 22,091,000Source |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment LossUSD | — | — | — | 1,840,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -4,299,000Source | 4,979,000Source | 16,058,000Source | 17,355,000Source |
| Other General and Administrative ExpenseUSD | 7,325,000Source | 4,388,000Source | 4,252,000Source | 4,661,000Source |
| Other Interest and Dividend IncomeUSD | 6,628,000Source | 4,127,000Source | 1,173,000Source | 832,000Source |
| Preferred Stock Dividends and Other AdjustmentsUSD | — | 48,000Source | 98,000Source | 75,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 1,153,000Source | 1,308,000Source | 1,497,000Source | 2,507,000Source |