Recent Accounting Pronouncements (Tables)

6 Months Ended

Jun. 30, 2015

New Accounting Pronouncements and Changes in Accounting Principles [Abstract]

Schedule of new accounting pronouncements and changes in accounting principles

The table below summarizes the impact to prior period financial statements of the adoption of ASU No. 2014-01:



	HEI Consolidated							ASB
(in thousands)	As previously filed		Adjustment from adoption of ASU No. 2014-01			As currently reported		As previously filed		Adjustment from adoption of ASU No. 2014-01			As currently reported
(in thousands)	As previously filed		Adjustment from adoption of ASU No. 2014-01			As currently reported		As previously filed		Adjustment from adoption of ASU No. 2014-01			As currently reported
HEI Consolidated Income Statement/ASB Statement of Income Data
Three months ended June 30, 2014
Bank expenses/Noninterest expense	$	43,568	$	(908	)	$	42,660	$	39,890	$	(908	)	$	38,982
Bank operating income/Income before income taxes	$	17,048	$	908		$	17,956	$	17,048	$	908		$	17,956
Income taxes	$	22,269	$	1,048		$	23,317	$	5,372	$	1,048		$	6,420
Net income for common stock/Net income	$	41,421	$	(140	)	$	41,281	$	11,676	$	(140	)	$	11,536
Six months ended June 30, 2014
Bank expenses/Noninterest expense	$	85,564	$	(1,816	)	$	83,748	$	78,260	$	(1,816	)	$	76,444
Bank operating income/Income before income taxes	$	38,671	$	1,816		$	40,487	$	38,672	$	1,816		$	40,488
Income taxes	$	46,942	$	2,096		$	49,038	$	12,457	$	2,096		$	14,553
Net income for common stock/Net income	$	87,348	$	(280	)	$	87,068	$	26,215	$	(280	)	$	25,935
HEI Consolidated Balance Sheet/ASB Balance Sheet Data
December 31, 2014
Other assets	$	541,542	$	981		$	542,523	$	304,435	$	981		$	305,416
Total assets and Total liabilities and shareholders’ equity	$	11,184,161	$	981		$	11,185,142	$	5,565,241	$	981		$	5,566,222
Deferred income taxes/Other liabilities	$	631,734	$	1,836		$	633,570	$	116,527	$	1,836		$	118,363
Total liabilities	$	9,358,440	$	1,836		$	9,360,276	$	5,030,598	$	1,836		$	5,032,434
Retained earnings	$	297,509	$	(855	)	$	296,654	$	212,789	$	(855	)	$	211,934
Total shareholders’ equity	$	1,791,428	$	(855	)	$	1,790,573	$	534,643	$	(855	)	$	533,788
HEI Consolidated Statement of Changes in Stockholders’ Equity
December 31, 2013
Retained earnings	$	255,694	$	(664	)	$	255,030
Total shareholders’ equity	$	1,727,070	$	(664	)	$	1,726,406

- Definition

Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 250

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=28359718&loc=d3e22580-107794

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Direct Effects of a Change in Accounting Principle

-URI http://asc.fasb.org/extlink&oid=6510796

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Indirect Effects of a Change in Accounting Principle

-URI http://asc.fasb.org/extlink&oid=6515603

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 270

-SubTopic 10

-Section 45

-Paragraph 13

-URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Accounting Change

-URI http://asc.fasb.org/extlink&oid=6503790

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 250

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=28359718&loc=d3e22499-107794

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 270

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.10-01.(b)(6))

-URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 250

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=28359718&loc=d3e22583-107794

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Change in Accounting Principle

-URI http://asc.fasb.org/extlink&oid=6507316

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 270

-SubTopic 10

-Section 45

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Retrospective Application

-URI http://asc.fasb.org/extlink&oid=6523989

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 01

-Paragraph b

-Subparagraph 6

-Article 10

+ Details

HAWAIIAN ELECTRIC CO INC 10-Q