Bank of Hawaii Corp. boosted earnings 5.5 percent and grew loans by double digits for the 12th straight quarter as it posted another solid performance amid continued strength in the state economy.

The state’s second-largest bank said today it had net income of $45.9 million, or $1.08 a share, to match analysts’ estimates. In the year-earlier quarter, Bankoh earned $43.5 million, or $1.02 a share.

Loans rose 10.1 percent to a record $9.57 billion while deposits increased 9 percent to an all-time high of $15.05 billion and assets gained 7.8 percent to a record $17.27 billion.

“It was a really good quarter,” Peter Ho, chairman, president and CEO, said in a phone interview. “We had growth in loans, deposits and assets along our expectations and each of those categories are setting at record levels for the organization today. I thought that expenses’ growth was very well controlled.”