First Hawaiian Bank says its fourth-quarter net income rose 8.8 percent as assets, loans and deposits increased from the previous year.

First Hawaiian's profit rose to $55.9 million from $51.4 million. Its revenue climbed 1.4 percent.

A large part of the growth was due to a 20.8 percent increase in the bank's loan and lease volume. Total assets increased by 1.8 percent to $12.8 billion.

Founded in 1858, First Hawaiian is a unit of BancWest Corp., which is a wholly owned subsidiary of BNP Paribas, France's largest bank by market value.

First Hawaiian operates 58 branches in Hawaii, three in Guam and two on Saipan.

The bank is the state's largest in terms of assets and profit.