HONOLULU (HawaiiNewsNow) - Net income at First Hawaiian for the first three months of this year topped $51 million dollars, up almost three percent from first quarter last year. Assets rose to a record $14 billion. A big factor; cautious consumers are banking more of their money and deposits rose seven percent. Loans grew only slightly, half a percent.
Hawaii foreclosures topped three thousand in the first quarter, but Realty Trac says that was about the same as the quarter before. That's good, but there are still loads of foreclosures in western states we rely on for tourism.
Local Five reports getting 76 percent approval in its strike authorization vote on the Royal Kona Resort. The Hogan family hotel hasn't had a union contract in about three years.
Sergio Munoz and Natividad Moralez have opened a Mexican restaurant in Lahaina called Tacos Supermex. They say they're building their menu among ingredients local to Maui.
Hawaii census return rate is rebounding... 61 percent compared to 68 percent nationwide. States with higher return rates get more federal funds.
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