Fair value measurements (Tables) - HECO

3 Months Ended

Mar. 31, 2013

Fair value measurements on a recurring and nonrecurring basis

Schedule of estimated fair values of certain of the Company's financial instruments

	Carrying or notional		Estimated fair value
(in thousands)	amount		Level 1		Level 2		Level 3		Total
March 31, 2013
Financial assets
Money market funds	$	10	$	—	$	10	$	—	$	10
Available-for-sale investment and mortgage-related securities	659,400		—		659,400		—		659,400
Investment in stock of Federal Home Loan Bank of Seattle	95,152		—		95,152		—		95,152
Loans receivable, net	3,808,353		—		—		3,974,112		3,974,112
Financial liabilities
Deposit liabilities	4,312,620		—		4,317,805		—		4,317,805
Short-term borrowings—other than bank	133,937		—		133,937		—		133,937
Other bank borrowings	193,233		—		208,410		—		208,410
Long-term debt, net—other than bank	1,422,875		—		1,529,541		—		1,529,541
December 31, 2012
Financial assets
Money market funds	$	10	$	—	$	10	$	—	$	10
Available-for-sale investment and mortgage-related securities	671,358		—		671,358		—		671,358
Investment in stock of Federal Home Loan Bank of Seattle	96,022		—		96,022		—		96,022
Loans receivable, net	3,763,238		—		—		3,957,752		3,957,752
Financial liabilities
Deposit liabilities	4,229,916		—		4,235,527		—		4,235,527
Short-term borrowings—other than bank	83,693		—		83,693		—		83,693
Other bank borrowings	195,926		—		212,163		—		212,163
Long-term debt, net—other than bank	1,422,872		—		1,481,004		—		1,481,004

Hawaiian Electric Company, Inc. and Subsidiaries

Fair value measurements on a recurring and nonrecurring basis

Schedule of estimated fair values of certain of the Company's financial instruments

	March 31, 2013				December 31, 2012
(in thousands)	Carrying amount		Estimated fair value (Level 2)		Carrying amount		Estimated fair value (Level 2)
Financial liabilities
Short-term borrowings - nonaffiliates	$	43,052	$	43,052	$	—	$	—
Long-term debt, net, including amounts due within one year	1,147,875		1,230,067		1,147,872		1,181,631