AGP Executive Report
Last update: 6 hours agoBanking & Business Deal: First Hawaiian agreed to acquire TriCo Bancshares in an all-stock deal valued at about $63.12 per TriCo share, with the combined bank expected to have roughly $34 billion in assets and a 65%-35% ownership split. Local Housing & Native Hawaiian Affairs: DHHL awarded 200 residential lots in Hilo to Native Hawaiian beneficiaries for the Pana‘ewa Homestead project, with 200 more planned for August. Disaster Recovery: Kona-low storm survivors are still waiting on FEMA, SBA and USDA help, with millions already approved and thousands of applications under review. State Tax Policy: Gov. Josh Green signed changes that raise Hawaii’s top income tax rate to 13% starting in 2027 for high earners, often dubbed a “millionaire tax.” Tourism & Events: HTA announced $1 million to support 10 signature festivals and sports events statewide through the end of 2026. Community Safety: Hawaii County’s Puna Kūpuna Watch meeting is set for today in Pāhoa, focusing on senior safety and reporting elder abuse and scams.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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