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Revenues
3 Months Ended
Mar. 31, 2019
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Revenue from contracts with customers. The following tables disaggregate revenues by major source, timing of revenue recognition, and segment:
 
 
Three months ended March 31
 
 
2019
 
2018
(in thousands) 
 
Electric  utility
 
Bank
 
Other
 
Total
 
Electric  utility
 
Bank
 
Other
 
Total
Revenues from contracts with customers
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Electric energy sales - residential
 
$
175,745

 
$

 
$

 
$
175,745

 
$
178,589

 
$

 
$

 
$
178,589

Electric energy sales - commercial
 
187,408

 

 

 
187,408

 
188,998

 

 

 
188,998

Electric energy sales - large light and power
 
198,926

 

 

 
198,926

 
192,321

 

 

 
192,321

Electric energy sales - other
 
4,078

 

 

 
4,078

 
4,060

 

 

 
4,060

Bank fees
 

 
11,233

 

 
11,233

 

 
11,497

 

 
11,497

Total revenues from contracts with customers
 
566,157

 
11,233

 

 
577,390

 
563,968

 
11,497

 

 
575,465

Revenues from other sources
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Regulatory revenue
 
6,207

 

 

 
6,207

 
4,750

 

 

 
4,750

Bank interest and dividend income
 

 
68,488

 

 
68,488

 

 
62,002

 

 
62,002

Other bank noninterest income
 

 
3,331

 

 
3,331

 

 
1,920

 

 
1,920

Other
 
6,131

 

 
68

 
6,199

 
1,709

 

 
28

 
1,737

Total revenues from other sources
 
12,338

 
71,819

 
68

 
84,225

 
6,459

 
63,922

 
28

 
70,409

Total revenues
 
$
578,495

 
$
83,052

 
$
68

 
$
661,615

 
$
570,427

 
$
75,419

 
$
28

 
$
645,874

Timing of revenue recognition
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Services/goods transferred at a point in time
 
$

 
$
11,233

 
$

 
$
11,233

 
$

 
$
11,497

 
$

 
$
11,497

Services/goods transferred over time
 
566,157

 

 

 
566,157

 
563,968

 

 

 
563,968

Total revenues from contracts with customers
 
$
566,157

 
$
11,233

 
$

 
$
577,390

 
$
563,968

 
$
11,497

 
$

 
$
575,465


There are no material contract assets or liabilities associated with revenues from contracts with customers existing at the beginning of the period or as of March 31, 2019. Accounts receivable and unbilled revenues related to contracts with customers represent an unconditional right to consideration since all performance obligations have been satisfied. These amounts are disclosed as accounts receivable and unbilled revenues, net on HEI’s condensed consolidated balance sheets and customer accounts receivable, net and accrued unbilled revenues, net on Hawaiian Electric’s condensed consolidated balance sheets.
As of March 31, 2019, the Company had no material remaining performance obligations due to the nature of the Company’s contracts with its customers. For the Utilities, performance obligations are fulfilled as electricity is delivered to customers. For ASB, fees are recognized when a transaction is completed.