UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |----------------------------------------------------------------|---------------------------------------------------------------------------------------------|------ ...

OCTOBER 28, 2020 Third Quarter 2020 Earnings Supplement FORWARD LOOKING STATEMENTS This document may contain forward-looking statements concerning: projections of revenues, expenses, income or loss, earnings or loss per share, capital expenditures, the payment or nonpayment of dividends, capital position, credit losses, net interest margin or other financial items; statements of plans, objectives and expectations of Central Pacific Financial Corp. or its management or Board of Directors, including those rel ...

Central Pacific Financial Corp. (NYSE:CPF) Q2 2020 Earnings Conference Call July 29, 2020 1:00 PM ET Company Representatives Paul Yonamine - Chairman, Chief Executive Officer Catherine Ngo - President Arnold Martines - Executive Vice President, Chief Banking Officer Anna Hu - Executive Vice President, Chief Credit Officer David Morimoto - Executive Vice President, Chief Financial Officer Conference Call Participants Andrew Liesch - Piper Sandler Jackie Bohlen - KBW David Feaster - Raymond James Laurie Hunsi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, No Par Value CPF New York Stock Exchange FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, No Par Value CPF New York Stock Exchange FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ...

Central Pacific Financial Corp. (NYSE:CPF) Q1 2020 Earnings Conference Call April 22, 2020 1:00 PM ET Company Participants Paul Yonamine - Chairman & CEO David Morimoto - EVP, CFO & Treasurer Catherine Ngo - President Arnold Martines - Group Executive Vice President of Revenue Anna Hu - EVP & Chief Credit Officer. Conference Call Participants David Feaster - Raymond James Jackie Bohlen - KBW Laurie Hunsicker - Compass Point Operator Good afternoon, ladies and gentlemen. Thank you for standing by, and welcom ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2019 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file number: 001-31567 Central Pacific Financial Corp. (Exact name of registrant as specified in its charter) Hawaii 99-0212597 (State or other jurisdiction of incorporation or organi ...

Financial Data and Key Metrics Changes - Net income for Q4 2019 was $14.2 million or $0.50 per diluted share, compared to $14.6 million or $0.51 per diluted share in the previous quarter [11] - For the full year 2019, net income was $58.3 million or $2.03 per diluted share, compared to $59.5 million or $2.01 per diluted share in 2018 [11] - Return on average assets for Q4 was 0.95% and for the full year was 0.99% [11] - The efficiency ratio for Q4 was 62.81%, slightly up from 62.48% in the prior quarter [15] Business Line Data and Key Metrics Changes - Total loans increased by $82 million or 1.9% from the previous quarter and by $371 million or 9.1% year-over-year [9] - Core deposits increased by $103 million or 2.5% sequentially and by $243 million or 6.1% year-over-year [10] - Nonperforming assets were $1.7 million, representing 3 basis points of total assets [10] Market Data and Key Metrics Changes - The Hawaii economy is performing well, with annual visitor arrivals expected to exceed 10 million for the first time [8] - The company reported strong growth in construction activity and the military's growing importance in Hawaii [8] Company Strategy and Development Direction - The company is executing the RISE2020 initiative to enhance customer experience and drive long-term growth [7] - Investments in branch and ATM modernization are underway, with construction at the main branch headquarters [8] - The company aims to increase core deposits through further investments in technology and workforce [22] Management's Comments on Operating Environment and Future Outlook - Management expressed satisfaction with the solid financial performance and positive momentum at the end of 2019 [17] - The company anticipates mid-single digit loan growth for 2020 and aims to exceed this guidance [26] - The effective tax rate is expected to be in the 24% to 26% range going forward [15] Other Important Information - The company repurchased 165,700 shares in Q4 2019 and 797,000 shares for the full year, returning $48.5 million in capital to shareholders [6] - The allowance for loan and lease losses was $48.0 million or 1.08% of outstanding loans [14] Q&A Session Summary Question: Margin performance and asset repricing - Management confirmed that the $1.1 million in nonrecurring interest was the only unusual item affecting the margin [19] - There is potential for further downward repricing on the asset side, but the company is pleased with the fourth quarter results [19] Question: Loan growth expectations for 2020 - The company is guiding for mid-single digit loan growth for 2020, with hopes to exceed this guidance [26] Question: Deposit growth strategies - The company plans to grow core deposits through cross-selling and enhancing customer relationships [27] Question: CECL preparations - The company is on track with CECL preparations and plans to disclose a range of reserves in the upcoming 10-K filing [33] Question: Capital return strategy - The company will maintain its quarterly dividend and be opportunistic with share repurchases, having approved a new $30 million repurchase plan [34]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, No Par Value CPF New York Stock Exchange Large Accelerated Filer ☒ Accelerated filer ☐ Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 or ☐ TRANSITION REPOR ...

Central Pacific Financial Corp. (NYSE:CPF) Q3 2019 Earnings Conference Call October 23, 2019 1:00 PM ET Company Participants David Morimoto - Executive Vice President and Chief Financial Officer Paul Yonamine - Chairman and Chief Executive Officer Catherine Ngo - President Anna Hu - Executive Vice President and Chief Credit Officer Conference Call Participants Aaron Deer - Sandler O’Neill & Partners Luke Wooten - KBW Laurie Hunsicker - Compass Point Operator Good afternoon, ladies and gentlemen. Thank you f ...