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The Honolulu Advertiser

Posted at 12:31 p.m., Thursday, January 20, 2005

BancWest net income up 12 percent for fourth quarter

Advertiser Staff

BancWest Corp., the parent company of First Hawaiian Bank and Bank of the West, reported net income of $128.3 million for the fourth quarter of 2004, up 12 percent from the same quarter in 2003.

For the all of 2004, BancWest's net income was $473.4 million, up 8.4% from the previous year. Last fall, BancWest completed its acquisitions of two Mainland banks: Community First Bankshares Inc. and USDB Bancorp.

BankWest is now the seventh-largest bank holding company in the Western U.S., with $50.1 billion in assets and 543 branches.