The Federal Reserve Board has lifted an enforcement action against Central Pacific Financial (CPF) in Honolulu, Hawaii.
The parent of the $4.4 billion-asset Central Pacific Bank was freed from the
It also required Central Pacific to ensure that its bank complied with the
Central Pacific Bank had a Tier 1 capital ratio of 13.65% and a total risk-based capital ratio of 22.75% at Dec. 31, according to the FDIC.
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