中央太平洋银行 2025年度报告

FOR ANNUAL REPORTS OF EMPLOYEE STOCK PURCHASE, SAVINGSAND SIMILAR PLANS PURSUANT TO SECTION 15(d) OF THESECURITIES EXCHANGE ACT OF 1934 (Mark One) ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December31, 2025 TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number: 001-31567 Full title of the plan and the address of the plan, if different from that of issuer named below: CENTRAL PACIFIC BANK401(k) RETIREMENT SAVINGS PLAN B.Name of issuer of the securities held pursuant to the plan and the address of its principal executive office: CENTRAL PACIFIC FINANCIAL CORP.220 South King StreetHonolulu, Hawaii 96813 Report of Independent Registered Public Accounting FirmFinancial Statements:Statements of Net Assets Available for Benefits REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM Plan Participants and Retirement Plan AdministrativeCommittee of the Board of Directors of the Opinion on the Financial Statements We have audited the accompanying statements of net assets available for benefits of the Central Pacific Bank 401(k) RetirementSavings Plan (the "Plan") as of December 31, 2025 and 2024, the related statement of changes in net assets available for benefits forthe year ended December 31, 2025, and the related notes (collectively referred to as the "financial statements"). In our opinion, thefinancial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2025 and Basis for Opinion These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on the Plan'sfinancial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting OversightBoard (United States) ("PCAOB") and are required to be independent with respect to the Plan in accordance with the U.S. federal We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the auditto obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part ofour audits, we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due toerror or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidenceregarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used Supplemental Information The supplemental Schedule H, Line 4i – Schedule of Assets (Held at End Year) as of December 31, 2025 has been subjected to auditprocedures performed in conjunction with the audit of the Central Pacific Bank 401(k) Retirement Savings Plan’s financial statements.The supplemental schedule is the responsibility of the Plan’s management. Our audit procedures included determining whether theinformation presented in the supplemental schedule reconciles to the financial statements or the underlying accounting and otherrecords, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the /s/ Crowe LLP We have served as the Plan's auditor since 2019. New York, New York June25, 2026 401(k) RETIREMENT SAVINGS PLANStatements of Net Assets Available for Benefits CENTRAL PACIFIC BANK401(k) RETIREMENT SAVINGS PLANStatement of Changes in Net Assets Available for BenefitsYear Ended December 31, 2025 (1)Description of the Plan The following brief description of the Central Pacific Bank401(k) Retirement Savings Plan (the"Plan") provides only generalinformation. Participants should refer to the plan documents for a more complete description of the Plan's provisions. (a)GeneralThe Plan is a defined contribution retirement savings plan covering eligible employees of Central Pacific Bank and its subsidiaries (the"Bank"), a wholly owned subsidiary of Central Pacific Financial Corp. (the "Company"), and certain The Plan provides for three categories of participation: Elective Deferral Participants, 401(k) Participants, and FullParticipants. Employees may begin making elective deferrals on the first day of the calendar month following thecompletion of one hour of service and are classified as Elective Deferral Participants. Employees become 401(k) The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 ("ERISA"), as amended. (b)Participant ContributionsParticipant contributions to th