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( Mark One ) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 冈 Annual Report Pursuant to Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 Title of each class Common Stock , No Par Value FORM 10 - K For the fiscal year ended December 31 , 2020 Transition Report Pursuant to Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 Hawaii ( State or other jurisdiction of incorporation or organization ) or Commission file number : 001-31567 Central Pacific Financial Corp. ( Exact name of registrant as specified in its charter ) 220 South King Street , Honolulu , Hawaii 96813 ( Address of principal executive offices ) ( Zip Code ) Registrant's telephone number , including area code : ( 808 ) 544-0500 ( I.R.S. Employer Identification No. ) Securities registered pursuant to Section 12 ( b ) of the Act : Trading Symbol ( s ) CPF Securities registered pursuant to Section 12 ( g ) of the Act : None 99-0212597 O O Name of each exchange on which registered New York Stock Exchange Indicate by check mark if the Registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes ý No o Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes o No ý Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes ý No O Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( §232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the Registrant was required to submit such files ) . Yes ý No o Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Large Accelerated Filer Non - Accelerated Filer Accelerated Filer Smaller Reporting Company Emerging Growth Company XOO If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . o Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes No ý As of June 30 , 2020 , the aggregate market value of the common stock held by non - affiliates of the registrant was approximately $ 438,719,000 . As of January 29 , 2021 , the number of shares of common stock of the registrant outstanding was 28,183,340 shares . DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant's proxy statement for the 2021 annual meeting of shareholders are incorporated by reference into Part III of this annual report on Form 10 - K to the extent stated herein . The proxy statement will be filed within 120 days after the end of the fiscal year covered by this annual report on Form 10 - K .