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  "documentTitle": "Central Pacific Financial | Investor Presentation Deck | 28 slides",
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  "notes": "Includes footnotes explaining accounting treatment of impacts.",
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      "text": "Consolidated office space by selling an office real estate property and realized a net gain on sale of $5.1 million. Expected future annual expense savings of approximately $0.6 million.",
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      "text": "Completed investment portfolio restructuring which is expected to add $0.7 million to annual pre-tax income. Sold available-for-sale debt securities with a book value of $30.0 million, weighted average yield of 3.3%, weighted average duration of 3.4 years, and recognized a loss of $1.9 million. Purchased $28.3 million in debt securities with a weighted average yield of 5.7% and weighted average duration of 2.5 years. Estimated earn-back period of approximately 2.8 years.",
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      "text": "Terminated a lease for a branch that was consolidated, and incurred a one-time expense of $2.3 million. Expected future annual expense savings of approximately $0.7 million.",
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      "text": "1 Included in Other Operating Income in 4Q23\n2 Included in Other Operating Expense in 4Q23",
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      "text": "Investment Securities Restructuring (1.9) 0.7; Branch Lease Termination (2.3) 0.7; Sale and Consolidation of Office Real Estate 5.1 0.6; Total Income Statement Impact 0.9 2.0",
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      "text": "4Q Balance Sheet Repositioning Summary",
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