Bank of Hawaii ranked No. 2 by Forbes magazine

Bank of Hawaii was named one of the top-performing banks in the country by Forbes magazine for the sixth year in a row. Forbes ranked Bank of Hawaii second among the top 100 largest U.S. banks and thrifts. Bankoh ranked first in 2009 and 2010, placed second in 2011 and 2012, and fifth in 2013. It is the only bank in the country to make the top five in all six years that Forbes has compiled the list.

Forbes noted that Bank of Hawaii "remained very conservative in its underwriting strategy during the housing bubble and maintains low levels of (nonperforming loans)." It had the best return on equity at 15.5 percent.

First Hawaiian Bank, the state’s largest bank, was ineligible for the list because it is owned by Paris-based BNP Pari­bas.