Central Pacific Bank is a regional commercial bank headquartered in Honolulu, Hawaii. It was founded by Koichi Iida, a Honolulu business leader, with assistance from Sumitomo Bank in Japan. Mr. Iida was President from 1954 to 1960. It is the main subsidiary of Central Pacific Financial Corporation (NYSE: CPF). The bank is the third-largest financial institution in Hawaii, with 39 branches throughout the state.