Hawaii’s 6 headquartered banks reported $13.8 billion in total commercial real estate loans as of June 30, 2026, according to FDIC Call Reports. Their combined portfolios included $1.7 billion in construction and land loans, $2.7 billion in multifamily loans, $2.1 billion in owner occupied loans, and $7.3 billion in investor nonfarm nonresidential loans. BestCRE ranks these institutions by total CRE loans, giving borrowers a direct view of each bank’s reported portfolio size, property exposure, annual change, loan concentration, and headquarters. The top five banks accounted for 98.5% of CRE loans held by banks headquartered in the state.
The ranking is a starting point for identifying banks with demonstrated commercial real estate exposure, not a statement about approval standards or available terms. A large CRE book can indicate appetite and capacity to hold loans, while portfolio mix shows the categories in which a bank has accumulated the most exposure. Annual change identifies institutions adding or reducing CRE balances, and concentration measures provide context for potential selectivity. Because commercial bank lending is relationship driven and local, borrowers should contact several institutions and compare them with other capital sources. Banks headquartered outside Hawaii and nonbank lenders are not included in the ranked table.
Hawaii banks ranked by total CRE loans
| Rank | Bank | Headquarters | Total CRE loans ($M) | Construction and land ($M) | Multifamily ($M) | Owner occupied ($M) | Change, 1 year | CRE share of loans |
|---|---|---|---|---|---|---|---|---|
| 1 | First Hawaiian Bank | Honolulu, HI | $5,318 | $730 | $944 | $914 | +4.3% | 36.5% |
| 2 | Bank of Hawaii | Honolulu, HI | $4,381 | $460 | $1,124 | $515 | +1.6% | 30.7% |
| 3 | Central Pacific Bank | Honolulu, HI | $1,897 | $211 | $353 | $368 | +9.6% | 35.7% |
| 4 | American Savings Bank, N.A. | Honolulu, HI | $1,803 | $216 | $206 | $224 | +7.8% | 28.9% |
| 5 | Hawaii National Bank | Honolulu, HI | $205 | $11.6 | $13.9 | $75.7 | +10.8% | 39.1% |
| 6 | Finance Factors, Ltd. | Honolulu, HI | $202 | $44.3 | $88.8 | $8.8 | -13.9% | 44.0% |
Source: FDIC Call Reports as of June 30, 2026 (schedule RC-C). Dollar figures in millions. Change, 1 year compares total CRE loans with June 30, 2025. Bank names link to each bank’s FDIC record.
First Hawaiian Bank leads the table with $5.3 billion in CRE loans, including $2.7 billion in investor nonfarm nonresidential loans and $943.9 million in multifamily loans. Bank of Hawaii ranks second with $4.4 billion, including the table’s largest reported multifamily balance at $1.1 billion. Central Pacific Bank reported $1.9 billion and +9.6% annual growth, while American Savings Bank, N.A. reported $1.8 billion and +7.8%. Hawaii National Bank recorded the strongest growth at +10.8%, although its CRE portfolio was smaller at $205.3 million. Finance Factors, Ltd. reported a -13.9% change and the highest CRE share of loans at 44.0%. Its investor CRE to equity ratio was 2.41x, narrowly above Central Pacific Bank at 2.40x. First Hawaiian Bank had the lowest such ratio in the table at 1.56x.
Out of state banks with branches in Hawaii
| Bank | Headquarters state | Branches in Hawaii | Deposits in Hawaii ($M) | Total CRE loans, all states ($M) |
|---|---|---|---|---|
| Bank of Hope | California | 29 | $2,045 | $8,920 |
| Mechanics Bank | California | 4 | $467 | $7,498 |
| Commonwealth Business Bank | California | 3 | $321 | $1,315 |
| First-Citizens Bank & Trust Company | North Carolina | 1 | $297 | $38,808 |
| Sunflower Bank, N.A. | Texas | 1 | $209 | $5,082 |
| Royal Business Bank | California | 1 | $126 | $1,468 |
Source: FDIC Summary of Deposits 2026. Deposits and branches are for Hawaii only; CRE loans are bank wide.
Use portfolio size, growth, and concentration to guide a loan search
Total CRE loans provide a practical measure of a bank’s established exposure and potential hold capacity. First Hawaiian Bank and Bank of Hawaii have the largest portfolios in the ranking at $5.3 billion and $4.4 billion. Borrowers seeking a bank loan can begin with institutions whose overall size and reported loan mix align with the property involved. The ranking does not establish whether a bank will approve a particular request, but it narrows the field to institutions with visible CRE activity.
Growth and concentration add useful context. Hawaii National Bank’s CRE balance increased +10.8%, while Finance Factors, Ltd. reported a -13.9% change. CRE represented 39.1% of loans at Hawaii National Bank and 44.0% at Finance Factors, Ltd. A growing balance can show that a bank is adding CRE loans, while a high concentration can signal that the institution will be selective. Borrowers should use these measures together, then speak with several banks because lending decisions remain relationship driven and local.
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Investor nonfarm nonresidential loans are the largest reported category across the table at $7.3 billion. First Hawaiian Bank held $2.7 billion in that category, while Bank of Hawaii held $2.3 billion. American Savings Bank, N.A. also had a substantial investor nonfarm nonresidential balance of $1.2 billion within its $1.8 billion CRE portfolio. Bank of Hawaii stood out in multifamily with $1.1 billion, compared with $943.9 million at First Hawaiian Bank and $353.3 million at Central Pacific Bank.
Construction and land exposure was largest at First Hawaiian Bank, with $730.0 million, followed by Bank of Hawaii at $460.0 million. Owner occupied balances were also highest at First Hawaiian Bank at $914.0 million. Investor CRE to equity ranged from 1.38x at Hawaii National Bank to 2.41x at Finance Factors, Ltd. Relative to the other banks in the table, the latter ratio is high. These figures describe current portfolio exposure and concentration, not the terms or availability of new financing.
Borrowers should compare local banks with other capital sources
The ranked table includes banks headquartered in Hawaii. Banks based elsewhere may still lend through local branches. Bank of Hope, headquartered in California, had 29 Hawaii branches, $2.0 billion in deposits in the state, and $8.9 billion in total CRE loans across all states. Mechanics Bank had 4 Hawaii branches and $467.1 million in local deposits, while Commonwealth Business Bank had 3 branches and $320.9 million. First-Citizens Bank & Trust Company had 1 branch, $296.9 million in Hawaii deposits, and $38.8 billion in CRE loans across all states.
Sunflower Bank, N.A. and Royal Business Bank also had local branches, with Hawaii deposits of $208.6 million and $126.3 million. Deposit presence identifies banks operating locally, but their reported CRE totals cover all states rather than Hawaii alone. Borrowers can also consider debt funds, life companies, CMBS, agency lenders, and SBA lenders, none of which appear in bank Call Reports. Comparing several banks and nonbank sources can clarify which type of lender fits the property’s category, requested structure, and relationship needs.
Frequently Asked Questions
Which Hawaii bank ranks first for commercial real estate lending?
First Hawaiian Bank ranks first among banks headquartered in Hawaii, with $5.3 billion in total CRE loans as of June 30, 2026. Its portfolio included $730.0 million in construction and land loans, $943.9 million in multifamily loans, $914.0 million in owner occupied loans, and $2.7 billion in investor nonfarm nonresidential loans. CRE represented 36.5% of its total loans, and its investor CRE to equity ratio was 1.56x. The bank also ranked 100 nationally by total CRE loans.
How current is the Hawaii CRE lender ranking?
The lender balances and rankings are based on FDIC Call Reports dated June 30, 2026. Branch and deposit information comes from the FDIC Summary of Deposits 2026. The ranked institutions are the 6 banks headquartered in Hawaii, which reported $13.8 billion in total CRE loans and +4.3% year over year growth. Benchmark interest rates are dated Oct 26, 2026, so their reference date differs from the loan data. Readers should keep those dates distinct when interpreting the page.
What FDIC information is used to rank the banks?
BestCRE uses FDIC Call Reports, formally called Reports of Condition and Income, with commercial real estate balances drawn from schedule RC-C. Banks are ordered by total CRE loans as of June 30, 2026. The table also presents construction and land, multifamily, owner occupied, and investor nonfarm nonresidential balances, along with annual CRE change, CRE share of total loans, investor CRE to equity, and national rank. The FDIC Summary of Deposits 2026 supplies the branch and Hawaii deposit figures for banks headquartered outside the state.
How large is Hawaii bank CRE lending compared with the national total?
The 6 banks headquartered in Hawaii held $13.8 billion in CRE loans as of June 30, 2026. Across the full FDIC reporting universe, 4,167 banks held $3.07 trillion in total CRE loans. National rank gives additional context for individual institutions. First Hawaiian Bank ranked 100 with $5.3 billion, Bank of Hawaii ranked 117 with $4.4 billion, Central Pacific Bank ranked 243 with $1.9 billion, and American Savings Bank, N.A. ranked 251 with $1.8 billion.
What benchmark rates apply when reviewing the ranking?
The benchmark rates shown on the page are reference points as of Oct 26, 2026. The Prime rate was 7.00%, SOFR was 3.89%, the 5 year Treasury was 4.78%, the 10 year Treasury was 4.96%, and Fed funds was 3.88%. These benchmarks provide market context but are separate from the FDIC loan balances used for the ranking. The ranking does not report a bank’s offered rate, spread, fees, or terms, and the Call Reports do not establish what pricing a borrower will receive.
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BestCRE rankings are editorially independent and built only from public regulatory filings; no bank pays for placement. Call report figures describe loans held on each bank’s balance sheet and do not show loan terms, rates or current appetite. BestCRE is not a lender and does not make loans. Benchmark rates are informational, not quotes. See our Legal Disclaimer and Compensation Disclosure.