Central Pacific Financial (CPF) - 2023 Q2 - Quarterly Report

Table of Contents Table of Contents Date: July 26, 2023 /s/ Arnold D. Martines Arnold D. Martines President and Chief Executive Of icer (Principal Executive Officer) Table of Contents In March 2022, the Company transferred 41 investment securities that were classified as AFS to HTM. The investment securities had an amortized cost basis of $361.8 million and a fair market value of$329.5 million. On the date of transfer, these securities had a total net unrealized loss of $32.3 million. There was no impact t ...