BankGuam Holding Company (OTCMKTS:BKGMF) Files An 8-K Changes in Registrant’s Certifying Accountant

Item4.01.

(a), (b)The Audit Committee of BankGuam Holding Company (the
Company) recently completed a competitive bidding process to
determine what audit firm would serve as the Companys independent
registered public accounting firm for the year ending December31,
2017. On April7, 2017, the Audit Committee engaged the services
of Crowe Horwath LLP as its new independent registered public
accounting firm to audit the Companys consolidated financial
statements for the year ending December31, 2017.

As a result of the engagement, the Company did not renew the
engagement of its previous independent registered public
accounting firm Squar Milner LLP (Squar Milner) effective the
same date. The change in accounting firms did not result from any
dissatisfaction of the Audit Committee or the Company with the
quality or delivery of professional services rendered by Squar
Milner.

The audit reports of Squar Milner on the Companys consolidated
financial statements as of and for the years ended December31,
2016 and 2015 did not contain an adverse opinion or a disclaimer
of opinion, and were not qualified or modified as to uncertainty,
audit scope or accounting principles.

In connection with the audits of the Companys consolidated
financial statements for each of the fiscal years ended
December31, 2016 and 2015, and through the date of this Current
Report, there were: (1)no disagreements (within the meaning of
Item304(a) of Regulation S-K) between the Company and Squar
Milner on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure,
which, if not resolved to the satisfaction of Squar Milner, would
cause Squar Milner to make reference to the subject matter of the
disagreement in their reports on the Companys financial
statements for such years, and (2)no reportable events, as listed
in Item304(a)(1)(v) of Regulation S-K.

The Company has provided Squar Milner with a copy of the
foregoing disclosures and has requested that Squar Milner review
the disclosures and provide a letter addressed to the Securities
and Exchange Commission as specified by Item304(a)(3) of
RegulationS-K stating that it agrees with the statements made
above. A copy of such letter dated April12, 2017, is attached to
this report as Exhibit16.1.

During the two most recent fiscal years and through the date of
this Current Form, the Company has not consulted with Crowe
Horwath LLP regarding any of the matters or events set forth in
Item 304(a)(2)(i) and (ii) of Regulation S-K.

About BankGuam Holding Company (OTCMKTS:BKGMF)

BankGuam Holding Company is a bank holding company. The Company provides a range of banking services through its subsidiary, Bank of Guam (the Bank). The Bank is a Guam-chartered bank. The Bank offers a range of banking services to consumers, businesses and governments. It offers a range of financial products for commercial and retail banking. The Bank also offers credit life, health, auto and homeowners insurance through its subsidiary, BG Insurance, as agents for various insurance companies, and also offers retail wealth management services in collaboration with its affiliate, Money Concepts. The Bank’s lending products include commercial, real estate, construction, consumer and small business administration-guaranteed loans. It also provide home mortgage and home equity loans. It offers a range of deposit products for retail and business banking markets, including checking accounts, interest-bearing transaction accounts, savings accounts, time deposits and retirement accounts.

BankGuam Holding Company (OTCMKTS:BKGMF) Recent Trading Information

BankGuam Holding Company (OTCMKTS:BKGMF) closed its last trading session 00.00 at 12.00 with 171 shares trading hands.