Central Pacific Financial Investor Presentation Deck
Strong Credit Profile to Weather a Recession
Majority of Loans in
Hawaii
Real Estate Focus
Conservative
Underwriting
Mainland Unsecured
Consumer Risk Managed
Central Pacific Financial Corp
Key Strength Factors:
83% of total loan portfolio is in Hawaii
• Hawaii real estate values are exceptionally strong and have a track
record of outperforming the broader nation
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• Loan portfolio is over 75% secured by real estate with strong LTVs
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Tighter LTV standards compared to regulatory requirements
Loan amounts >$500K fully underwritten with well-defined credit
standards, including repayment capacity
Total portfolio as of 9/30/22 of $310 million or just 5.7% of total loans
Strong origination FICO scores 740+
Purchases must meet CPB's internal underwriting guidelines
Portfolio is granular and well diversified by originator and state
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