Recent Accounting Pronouncements (Tables)

9 Months Ended

Sep. 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			Revision adjustment (see Note 1)			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 September 30, 2014
Bank expenses/Noninterest expense	$	43,964		$	(934	)				$	43,030		$	39,664	$	(934	)	$	38,730
Bank operating income/Income before income taxes	19,572			934						20,506			19,572		934			20,506
Income taxes	26,323			941						27,264			6,312		941			7,253
Net income for common stock/Net income	47,815			(7		)				47,808			13,260		(7		)	13,253
Nine months ended September 30, 2014
Bank expenses/Noninterest expense	129,528			(2,750		)				126,778			117,924		(2,750		)	115,174
Bank operating income/Income before income taxes	58,243			2,750						60,993			58,244		2,750			60,994
Income taxes	73,265			3,037						76,302			18,769		3,037			21,806
Net income for common stock/Net income	135,163			(287		)				134,876			39,475		(287		)	39,188
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
HEI Consolidated Statement of Cash Flows
Nine months ended September 30, 2014
Net income	136,580			(287		)				136,293
Increase in deferred income taxes	48,900			370			$	1,026		50,296
Change in other assets and liabilities	(47,677		)	(83		)	(8,566		)	(56,326		)