Edition:
India

Territorial Bancorp Inc (TBNK.OQ)

TBNK.OQ on NASDAQ Stock Exchange Global Select Market

30.66USD
12 Dec 2017
Change (% chg)

$0.08 (+0.26%)
Prev Close
$30.58
Open
$30.66
Day's High
$30.66
Day's Low
$30.66
Volume
438
Avg. Vol
8,444
52-wk High
$34.00
52-wk Low
$28.12

Summary

Name Age Since Current Position

Allan Kitagawa

69 Chairman of the Board, President, Chief Executive Officer

Vernon Hirata

62 2007 Vice Chairman, Co-Chief Operating Officer, General Counsel, Corporate Secretary of Territorial Savings Bank

Ralph Nakatsuka

59 2007 Vice Chairman, Co-Chief Operating Officer of Territorial Savings Bank

Karen Cox

69 1984 Senior Vice President - Administration of Territorial Savings Bank

Richard Lau

72 1985 Senior Vice President, Chief Lending Officer of Territorial Savings Bank

Melvin Miyamoto

61 Senior Vice President, Treasurer of Territorial Savings Bank

Kirk Caldwell

62 2007 Independent Director

Howard Ikeda

69 1988 Independent Director

David Murakami

75 2006 Independent Director

Richard Murakami

87 1981 Independent Director

Francis Tanaka

69 2011 Independent Director

Walter Ida

Director - Investor Relations

Biographies

Name Description

Allan Kitagawa

Mr. Allan S. Kitagawa is Chairman of the Board, President, Chief Executive Officer of Territorial Bancorp Inc. He has served as Chairman of the Board and Chief Executive Officer of Territorial Savings Bank since 1986, and was named President in 2007. Mr. Kitagawa worked with American Savings and Loan Association from 1974 to 1986, including service as Executive Vice President and Chief Executive Officer of the Hawaii Division. Mr. Kitagawa is a Certified Public Accountant. Under Mr. Kitagawa’s leadership, Territorial Savings Bank has grown significantly while Territorial Savings Bank’s conservative lending practices have resulted in continued low levels of nonperforming assets.

Vernon Hirata

Mr. Vernon Hirata is the Vice Chairman, Co-Chief Operating Officer, General Counsel, Corporate Secretary of Territorial Savings Bank, a subsidiary of Territorial Bancorp Inc. Mr. Hirata joined Territorial Savings Bank in 1986 as Senior Vice President/General Counsel, and was named Executive Vice President/General Counsel and Corporate Secretary in 1987. Previously, Mr. Hirata was employed at American Savings and Loan Association from 1978 to 1986, including service as Senior Vice President and General Counsel.

Ralph Nakatsuka

Mr. Ralph Y. Nakatsuka is the Vice Chairman, Co-Chief Operating Officer of Territorial Savings Bank, a subsidiary of Territorial Bancorp Inc. He joined Territorial Savings Bank in 2007 as Vice Chairman and Co-Chief Operating Officer, and was employed at American Savings Bank from 1980 to 2007, including service as Executive Vice President of Lending and Chief Lending Officer from 1997 to 2007 and Chief Financial Officer from 1987 to 1997. Mr. Nakatsuka is a Certified Public Accountant.

Karen Cox

Ms. Karen J. Cox is the Senior Vice President - Administration of Territorial Savings Bank, subsidiary of Territorial Bancorp Inc. She has been employed by Territorial Savings Bank since 1968. Ms. Cox previously worked with other financial institutions in the State of Hawaii beginning in 1964.

Richard Lau

Mr. Richard K. C. Lau is the Senior Vice President, Chief Lending Officer of Territorial Savings Bank, subsidiary of Territorial Bancorp Inc. Mr. Lau was employed at other financial institutions in the State of Hawaii beginning in 1970.

Melvin Miyamoto

Mr. Melvin M. Miyamoto is the Senior Vice President, Treasurer of Territorial Savings Bank, subsidiary of Territorial Bancorp Inc. He has been employed by Territorial Savings Bank since 1984. Mr. Miyamoto is a Certified Public Accountant.

Kirk Caldwell

Mr. Kirk W. Caldwell is the Independent Director of Territorial Bancorp Inc. He is currently Of Counsel to the law firm of Ashford & Wriston, which he rejoined in 2011. Previously, he was acting Mayor of the City and County of Honolulu, Hawaii, from July 2010 to October 2010, and was appointed the Managing Director of the City and County of Honolulu, Hawaii, in January 2009. Prior to this appointment, Mr. Caldwell was a partner with Ashford & Wriston, where he had worked since 1984. Much of his practice consisted of representing financial institutions, including Territorial Savings Bank. Prior to his appointment as Managing Director of the City and County of Honolulu, Mr. Caldwell also served as the majority leader of the State of Hawaii House of Representatives, and had served as a state representative since 2002.

Howard Ikeda

Mr. Howard Y. Ikeda is the Independent Director of Territorial Bancorp Inc. He is the President of Ikeda and Wong, CPA, Inc., an independent public accounting firm in the State of Hawaii. Mr. Ikeda is a Certified Public Accountant licensed to practice in the State of Hawaii. He has been in public accounting for over 40 years. Mr. Ikeda’s professional and business experience provide the Board of Directors with insight into the accounting issues Territorial Bancorp Inc. faces and in assessing strategic transactions involving Territorial Bancorp Inc. and Territorial Savings Bank.

David Murakami

Mr. David S. Murakami is an Independent Director of Territorial Bancorp Inc. He was a Certified Residential Appraiser in the State of Hawaii, and was the owner of DSM Appraisal Company from 1982 until 2011, when he retired. Mr. Murakami previously worked as a Senior Vice President-Loan Administrator with financial institutions in the State of Hawaii beginning in 1962. Mr. Murakami’s employment experience, both with financial institutions and as a Certified Residential Appraiser, gives him extensive insights into Territorial Savings Bank’s challenges and opportunities in its overall operations and lending activities. He is also well-known in the local community as he was a long-time assistant coach for the highly visible University of Hawaii-Manoa baseball program.

Richard Murakami

Mr. Richard I. Murakami is the Independent Director of Territorial Bancorp Inc. He is the retired President of a building, material and bonding company and previously was employed for 20 years as a Vice President of a Hawaii based commercial bank. Mr. Murakami is a well-known and respected member of the Japanese-American community. He also provides insight into the traditional savings and loan depositor as these customers constitute a part of the customer base of Territorial Savings Bank.

Francis Tanaka

Mr. Francis E. Tanaka is the Independent Director of Territorial Bancorp Inc. He retired in 2001 as the Executive Vice President – Controller of Haseko (Hawaii), Inc., the U.S. subsidiary of a Japanese publicly-traded company that is in the engineering, construction, real estate development, investment, and property management business throughout the world. For 18 years, Mr. Tanaka was in charge of the financial management of the Hawaii subsidiary, which does residential, office, and commercial development in Hawaii. Prior to that, he was controller of a construction company. He is a Certified Public Accountant and was employed by national and local certified public accounting firms early in his career. He continues to perform limited tax services and business consulting in his retirement. Mr. Tanaka’s financial and accounting background, including supervision and preparation of financial statements for a Securities and Exchange Commission-registered real estate venture of the Hawaii subsidiary, adds depth to the Audit Committee. He also provides the Board of Directors with knowledge of real estate market.

Walter Ida

Basic Compensation