{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-057061","form_type":"8-K","ticker":null,"cik":"0001447051","company_name":"Territorial Bancorp Inc.","filed_at":"2024-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.460005+00:00","generated_at":"2026-06-02T23:05:40.153301+00:00","sec_items":["2.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Territorial Bancorp posts Q1 net loss; signs merger with Hope Bancorp for ~$78.6M","bullets":["Net loss of $482,000 ($0.06 per diluted share) for Q1 2024 vs net income in prior year.","Signed definitive merger with Hope Bancorp (HOPE); shareholders get 0.8048 HOPE shares per TBNK share.","Transaction valued at ~$78.6M based on HOPE's April 26 close; expected to close subject to approvals.","Tier 1 leverage ratio 11.58%, risk-based capital 28.84%; well-capitalized status maintained.","Non-performing assets to total assets were 0.10%; delinquent loans 90+ days fell to $87,000."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-057061","json":"https://secwatch.observer/filing/0001104659-24-057061.json","markdown":"https://secwatch.observer/filing/0001104659-24-057061.md","text":"https://secwatch.observer/filing/0001104659-24-057061.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1447051/000110465924057061/0001104659-24-057061-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1447051/000110465924057061/tm2413297d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T23:05:40.153301+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"61d9d620bfb87d56139d58b5d7fe6438db60c081","claim":"Territorial Bancorp Inc. reported three months ended March 31, 2024 results: revenue $17.99 million, net income $482,000, EPS $(0.06).","evidence_excerpt":"of other customary closing conditions. Interest Income Net interest income decreased by $3.33 million for the three months ended March 31, 2024. Total interest income was $17.99 million for the three months ended March 31, 2024, compared to $16.72 million for the three months ended March 31, 2023. The $1.27 million increase in total interest income was primarily","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1447051/000110465924057061/0001104659-24-057061-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2024"},{"label":"Revenue","value":"$17.99 million"},{"label":"Net income","value":"$482,000"},{"label":"EPS","value":"$(0.06)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}