FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Current Report Pursuant to Section 13
of the Securities Exchange Act of 1934
Date of Report (Date Earliest Event reported) - July 22, 2004
CB BANCSHARES, INC.
(Exact name of registrant as specified in its charter)
Hawaii 99-0197163
(State of Incorporation) (IRS Employer Identification No.)
201 Merchant Street, Honolulu, Hawaii 96813
(Address of principal executive offices)
(808) 535-2500
(Registrant's Telephone Number)
Item 5. Other Events and Regulation FD Disclosure
On July 21, 2004, CB Bancshares, Inc. (the "Company") issued a press
release announcing the Company's results of operations for the second
quarter ended June 30, 2004. The full text of the earnings release is
included herein as Exhibit 99.1 and is incorporated herein by reference.
The earnings release includes non-GAAP financial measures which management
believes provide meaningful information regarding the Company's operating
performance and facilitate management's comparisons to the Company's
historical operating results. The Company believes that these non-GAAP
financial measures can also be useful to investors in facilitating
comparisons to the Company's historical operating results.
These non-GAAP financial measures are not prepared in accordance with
generally accepted accounting principles and may be different from
non-GAAP financial measures used by other companies. Non-GAAP financial
measures should not be considered as a substitute for, or superior to,
measures of financial performance prepared in accordance with GAAP.
Item 7. Financial Statements and Exhibits
(c) Exhibits:
Exhibit
Number Description
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99.1 Press release issued by CB Bancshares, Inc. on July 21, 2004
Item 12. Results of Operations and Financial Condition
On July 21, 2004, the Company issued a press release announcing the
Company's results of operations for the second quarter ended June 30, 2004
(attached as Exhibit 99.1).
The earnings release includes non-GAAP financial measures which management
believes provide meaningful information regarding the Company's operating
performance and facilitate management's comparisons to the Company's
historical operating results. The Company believes that these non-GAAP
financial measures can also be useful to investors in facilitating
comparisons to the Company's historical operating results.
These non-GAAP financial measures are not prepared in accordance with
generally accepted accounting principles and may be different from
non-GAAP financial measures used by other companies. Non-GAAP financial
measures should not be considered as a substitute for, or superior to,
measures of financial performance prepared in accordance with GAAP.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed by the undersigned hereunto
duly authorized.
Date: July 22, 2004 CB Bancshares, Inc.
By: /s/ Dean K. Hirata
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Dean K. Hirata
Senior Vice President and
Chief Financial Officer
(principal financial officer)