What happened
The FAA’s narrative, in sentence case. The FAA writes it in capitals and removes private details.
Helicopter in cruise --14OOFT AGL@110KTS when PIC and pax heard loud bang and noted noticeable change in engine sound. RPM immediately became erratic and engine RPM exceeded rotor RPM. PIC attempted to manage RPM but was unsuccessful and as rotor RPM began to decay he entered autorotation.
Floats were deployed and a successful water landing was made. Engine was still running after landing and PIC shut engine down and evacuated aircraft. There were no injuries and aircraft damage appeared minimal.
As the FAA filed it
HELICOPTER IN CRUISE --14OOFT AGL@110KTS WHEN PIC AND PAX HEARD LOUD BANG AND NOTED NOTICEABLE CHANGE IN ENGINE SOUND. RPM IMMEDIATELY BECAME ERRATIC AND ENGINE RPM EXCEEDED ROTOR RPM. PIC ATTEMPTED TO MANAGE RPM BUT WAS UNSUCCESSFUL AND AS ROTOR RPM BEGAN TO DECAY HE ENTERED AUTOROTATION.
FLOATS WERE DEPLOYED AND A SUCCESSFUL WATER LANDING WAS MADE. ENGINE WAS STILL RUNNING AFTER LANDING AND PIC SHUT ENGINE DOWN AND EVACUATED AIRCRAFT. THERE WERE NO INJURIES AND AIRCRAFT DAMAGE APPEARED MINIMAL.