Name | Value |
---|---|
Revenues | 11.8M |
Cost of Revenue | 0.0M |
Gross Profit | 11.8M |
Operating Expense | -9.7M |
Operating I/L | 2.1M |
Other Income/Expense | 0.0M |
Interest Income | 17.3M |
Pretax | 2.1M |
Income Tax Expense | 0.6M |
Net Income/Loss | 1.5M |
Territorial Bancorp Inc. operates as the holding company for Territorial Savings Bank, offering a range of financial services in Hawaii. The company provides various deposit accounts, loan products, insurance agency activities, and non-deposit investments, including annuities and mutual funds through a third-party broker-dealer. Its primary revenue streams come from interest income on loans, fees from deposit accounts, and commissions from insurance and investment products. With a network of 29 full-service branches, Territorial Bancorp Inc. serves individuals, families, and businesses, focusing on residential and commercial real estate lending, as well as traditional banking services.