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Segment financial information (Tables)
3 Months Ended
Mar. 31, 2012
Segment financial information  
Schedule of segment financial information

 

 

(in thousands)

 

Electric utility

 

Bank

 

Other

 

Total

 

Three months ended March 31, 2012

 

 

 

 

 

 

 

 

 

Revenues from external customers

 

$

749,574

 

$

65,252

 

$

34

 

$

814,860

 

Intersegment revenues (eliminations)

 

36

 

 

(36

)

 

Revenues

 

749,610

 

65,252

 

(2

)

814,860

 

Income (loss) before income taxes

 

45,207

 

23,464

 

(8,584

)

60,087

 

Income taxes (benefit)

 

17,408

 

7,587

 

(3,697

)

21,298

 

Net income (loss)

 

27,799

 

15,877

 

(4,887

)

38,789

 

Preferred stock dividends of subsidiaries

 

499

 

 

(26

)

473

 

Net income (loss) for common stock

 

27,300

 

15,877

 

(4,861

)

38,316

 

Tangible assets (at March 31, 2012)

 

4,656,064

 

4,880,927

 

13,771

 

9,550,762

 

Three months ended March 31, 2011

 

 

 

 

 

 

 

 

 

Revenues from external customers

 

$

645,299

 

$

65,313

 

$

21

 

$

710,633

 

Intersegment revenues (eliminations)

 

36

 

 

(36

)

 

Revenues

 

645,335

 

65,313

 

(15

)

710,633

 

Income (loss) before income taxes

 

31,267

 

21,727

 

(7,995

)

44,999

 

Income taxes (benefit)

 

11,579

 

7,876

 

(3,391

)

16,064

 

Net income (loss)

 

19,688

 

13,851

 

(4,604

)

28,935

 

Preferred stock dividends of subsidiaries

 

499

 

 

(26

)

473

 

Net income (loss) for common stock

 

19,189

 

13,851

 

(4,578

)

28,462

 

Tangible assets (at December 31, 2011)

 

4,671,942

 

4,827,784

 

10,815

 

9,510,541