First Hawaiian Inc. expects to incur one-time expenses of between $14.5 million and $17 million this year, as well as 2017 and 2018, in connection with its transition to a stand-alone company and its separation from French banking giant BNP Paribas.

The parent of First Hawaiian Bank, which reported those projected expenses Friday in a quarterly filing with the Securities and Exchange Commission, held its initial public offering Aug. 3 after BNP sold off about 15 percent of the bank. BNP’s divestiture later grew to 17.4 percent after underwriters exercised their option to purchase additional shares.

First Hawaiian’s stock, which was priced by underwriters at $23 and closed at $24.25 on its first day of trading, bucked a dismal day in the stock market Friday and closed up 38 cents, or 1.5 percent, at $26.53. The Dow endured its worst single-day loss since June and plunged 394.46 points, or 2.1 percent, to 18,085.45.

In Friday’s filing, First Hawaiian also reported that its second-quarter earnings were virtually flat from the year-earlier period with net income of $54.9 million, or 39 cents a share. That was up 0.6 percent from $54.6 million, or 39 cents a share, in the year-earlier period.

Assets rose 2 percent to $19.1 billion from $18.7 billion, loans rose 9 percent to $11.2 billion from $10.3 billion and deposits increased 6 percent to $16.1 billion from $15.2 billion. All those numbers matched the preliminary numbers reported in the company’s IPO filing of July 26. The one-time expense numbers also were included in that July filing but not reported at that time.