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10-Q Filing

WAFD INC CIK: 936528 Q1 2012
Filing Information
Form Type 10-Q
Accession Number 0000936528-12-000006
Period End Date 20111231
Filing Date 20120207
Fiscal Year 2012
Fiscal Period Q1
XBRL Instance wfsl-20111231.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 line items
Line Item Tag Value Unit Period
Available-for-sales securities, encumbered securities AvailableForSaleSecuritiesRestricted $978.25M USD Point-in-time
Available-for-sales securities, encumbered securities AvailableForSaleSecuritiesRestricted $965.93M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $909.91M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $888.62M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $816.00M USD Point-in-time
Held-to-maturity securities, encumbered securities HeldToMaturitySecuritiesRestricted $41.43M USD Point-in-time
Held-to-maturity securities, encumbered securities HeldToMaturitySecuritiesRestricted $45.09M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $842.89M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Available-for-sale securities, including encumbered securities of $978,248 and $965,927, at fair value AvailableForSaleSecurities $3.26B USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Available-for-sale securities, including encumbered securities of $978,248 and $965,927, at fair value AvailableForSaleSecurities $3.55B USD Point-in-time
Held-to-maturity securities, including encumbered securities of $41,431 and $45,086, at amortized cost HeldToMaturitySecurities $42.23M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 300.00M shares Point-in-time
Held-to-maturity securities, including encumbered securities of $41,431 and $45,086, at amortized cost HeldToMaturitySecurities $47.04M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 300.00M shares Point-in-time
Loans receivable, net LoansAndLeasesReceivableNetReportedAmount $7.81B USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 129.85M shares Point-in-time
Loans receivable, net LoansAndLeasesReceivableNetReportedAmount $7.94B USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 129.89M shares Point-in-time
Covered loans, net LoansAndLeasesReceivableCoveredLoansNetReportedAmount $347.47M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 107.46M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 108.98M shares Point-in-time
Covered loans, net LoansAndLeasesReceivableCoveredLoansNetReportedAmount $382.18M USD Point-in-time
Interest receivable AccruedInvestmentIncomeReceivable $52.33M USD Point-in-time
Treasury stock, shares TreasuryStockShares 22.43M shares Point-in-time
Treasury stock, shares TreasuryStockShares 20.88M shares Point-in-time
Interest receivable AccruedInvestmentIncomeReceivable $53.97M USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $174.03M USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $166.59M USD Point-in-time
Real estate held for sale RealEstateHeldforsale $159.83M USD Point-in-time
Real estate held for sale RealEstateHeldforsale $157.88M USD Point-in-time
Covered real estate held for sale RealEstateHeldForSaleCoveredRealEstateHeldForSale $48.53M USD Point-in-time
Covered real estate held for sale RealEstateHeldForSaleCoveredRealEstateHeldForSale $56.38M USD Point-in-time
FDIC indemnification asset FdicLossShareReceivable $101.63M USD Point-in-time
FDIC indemnification asset FdicLossShareReceivable $92.10M USD Point-in-time
FDIC indemnification asset FdicLossShareReceivable $131.13M USD Point-in-time
FHLB stock FederalHomeLoanBankStock $153.33M USD Point-in-time
FHLB stock FederalHomeLoanBankStock $151.75M USD Point-in-time
Intangible assets, net GoodwillAndIntangibleAssetsNet $256.27M USD Point-in-time
Intangible assets, net GoodwillAndIntangibleAssetsNet $256.95M USD Point-in-time
Other assets OtherAssets $55.16M USD Point-in-time
Other assets OtherAssets $59.71M USD Point-in-time
Assets Assets $13.44B USD Point-in-time
Assets Assets $13.65B USD Point-in-time
Transaction deposit accounts TransactionDeposits $2.85B USD Point-in-time
Transaction deposit accounts TransactionDeposits $2.66B USD Point-in-time
Time deposit accounts TimeDeposits $6.03B USD Point-in-time
Time deposit accounts TimeDeposits $6.00B USD Point-in-time
Savings and Demand Accounts and Repurchase Agreements with Customers SavingsAndDemandAccountsAndRepurchaseAgreementsWithCustomers $8.67B USD Point-in-time
Savings and Demand Accounts and Repurchase Agreements with Customers SavingsAndDemandAccountsAndRepurchaseAgreementsWithCustomers $8.88B USD Point-in-time
FHLB advances FederalHomeLoanBankAdvancesLongTerm $1.96B USD Point-in-time
FHLB advances FederalHomeLoanBankAdvancesLongTerm $1.96B USD Point-in-time
Other borrowings OtherBorrowings $800.00M USD Point-in-time
Other borrowings OtherBorrowings $800.00M USD Point-in-time
Advance payments by borrowers for taxes and insurance AdvancePaymentsByBorrowersForTaxesAndInsurance $39.55M USD Point-in-time
Advance payments by borrowers for taxes and insurance AdvancePaymentsByBorrowersForTaxesAndInsurance $15.14M USD Point-in-time
Federal and State income taxes TaxesPayableCurrentAndNoncurrent $19.42M USD Point-in-time
Federal and State income taxes TaxesPayableCurrentAndNoncurrent $1.53M USD Point-in-time
Accrued expenses and other liabilities AccountsPayableAndOtherAccruedLiabilities $65.16M USD Point-in-time
Accrued expenses and other liabilities AccountsPayableAndOtherAccruedLiabilities $68.22M USD Point-in-time
Liabilities Liabilities $11.74B USD Point-in-time
Liabilities Liabilities $11.53B USD Point-in-time
Common stock, $1.00 par value, 300,000,000 shares authorized;129,887,559 and 129,853,534 shares issued; 107,460,435 and 108,976,410 shares outstanding CommonStockValue $129.89M USD Point-in-time
Common stock, $1.00 par value, 300,000,000 shares authorized;129,887,559 and 129,853,534 shares issued; 107,460,435 and 108,976,410 shares outstanding CommonStockValue $129.85M USD Point-in-time
Paid-in capital AdditionalPaidInCapitalCommonStock $1.58B USD Point-in-time
Paid-in capital AdditionalPaidInCapitalCommonStock $1.58B USD Point-in-time
Accumulated other comprehensive income, net of taxes AccumulatedOtherComprehensiveIncomeLossNetOfTax $84.20M USD Point-in-time
Accumulated other comprehensive income, net of taxes AccumulatedOtherComprehensiveIncomeLossNetOfTax $85.79M USD Point-in-time
Treasury stock, at cost; 22,427,124 and 20,877,124 shares TreasuryStockValue $288.98M USD Point-in-time
Treasury stock, at cost; 22,427,124 and 20,877,124 shares TreasuryStockValue $268.67M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $401.61M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $376.71M USD Point-in-time
Stockholders' Equity Attributable to Parent StockholdersEquity $1.91B USD Point-in-time
Stockholders' Equity Attributable to Parent StockholdersEquity $1.91B USD Point-in-time
Liabilities and Equity LiabilitiesAndStockholdersEquity $13.44B USD Point-in-time
Liabilities and Equity LiabilitiesAndStockholdersEquity $13.65B USD Point-in-time
Income Statement 52 line items
Line Item Tag Value Unit Period
Loans InterestAndFeeIncomeLoansAndLeases $137.92M USD 1 Quarter
Loans InterestAndFeeIncomeLoansAndLeases $127.48M USD 1 Quarter
Mortgage-backed securities InterestIncomeSecuritiesMortgageBacked $23.69M USD 1 Quarter
Mortgage-backed securities InterestIncomeSecuritiesMortgageBacked $26.30M USD 1 Quarter
Investment securities and cash equivalents InvestmentIncomeAndOther $3.98M USD 1 Quarter
Investment securities and cash equivalents InvestmentIncomeAndOther $2.15M USD 1 Quarter
Interest and Dividend Income, Operating InterestIncomeExpenseNet $165.59M USD 1 Quarter
Interest and Dividend Income, Operating InterestIncomeExpenseNet $155.93M USD 1 Quarter
Customer accounts InterestExpenseDeposits $23.95M USD 1 Quarter
Customer accounts InterestExpenseDeposits $32.73M USD 1 Quarter
FHLB advances and other borrowings InterestExpenseBorrowings $28.12M USD 1 Quarter
FHLB advances and other borrowings InterestExpenseBorrowings $28.26M USD 1 Quarter
Interest Expense InterestExpense $60.86M USD 1 Quarter
Interest Expense InterestExpense $52.21M USD 1 Quarter
Net interest income InvestmentIncomeInterestAndDividend $103.72M USD 1 Quarter
Net interest income InvestmentIncomeInterestAndDividend $104.73M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $11.21M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $26.00M USD 1 Quarter
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $78.73M USD 1 Quarter
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $92.51M USD 1 Quarter
Other NoninterestIncomeOtherOperatingIncome $4.64M USD 1 Quarter
Other NoninterestIncomeOtherOperatingIncome $4.43M USD 1 Quarter
Noninterest Income NoninterestIncome $4.64M USD 1 Quarter
Noninterest Income NoninterestIncome $4.43M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $18.68M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $17.72M USD 1 Quarter
Occupancy OccupancyNet $3.93M USD 1 Quarter
Occupancy OccupancyNet $3.52M USD 1 Quarter
FDIC insurance premiums FederalDepositInsuranceCorporationPremiumExpense $4.19M USD 1 Quarter
FDIC insurance premiums FederalDepositInsuranceCorporationPremiumExpense $5.10M USD 1 Quarter
Other OtherNoninterestExpense $7.57M USD 1 Quarter
Other OtherNoninterestExpense $7.94M USD 1 Quarter
Noninterest Expense NoninterestExpense $34.36M USD 1 Quarter
Noninterest Expense NoninterestExpense $34.28M USD 1 Quarter
Loss on real estate acquired through foreclosure, net GainsLossesOnSalesOfOtherRealEstate $-10.55M USD 1 Quarter
Loss on real estate acquired through foreclosure, net GainsLossesOnSalesOfOtherRealEstate $-10.57M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $38.33M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $52.22M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $13.80M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $18.80M USD 1 Quarter
NET INCOME NetIncomeLoss $24.53M USD 1 Quarter
NET INCOME NetIncomeLoss $33.42M USD 1 Quarter
Basic earnings EarningsPerShareBasic $0.31 USD 1 Quarter
Basic earnings EarningsPerShareBasic $0.22 USD 1 Quarter
Diluted earnings EarningsPerShareDiluted $0.31 USD 1 Quarter
Diluted earnings EarningsPerShareDiluted $0.22 USD 1 Quarter
Cash dividends per share CommonStockDividendsPerShareCashPaid $0.08 USD 1 Quarter
Cash dividends per share CommonStockDividendsPerShareCashPaid $0.06 USD 1 Quarter
Basic weighted average number of shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 112.50M shares 1 Quarter
Basic weighted average number of shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 107.85M shares 1 Quarter
Diluted weighted average number of shares outstanding, including dilutive stock options WeightedAverageNumberOfDilutedSharesOutstanding 112.50M shares 1 Quarter
Diluted weighted average number of shares outstanding, including dilutive stock options WeightedAverageNumberOfDilutedSharesOutstanding 107.89M shares 1 Quarter
Cash Flow Statement 88 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $24.53M USD 1 Quarter
Net income NetIncomeLoss $33.42M USD 1 Quarter
Amortization (accretion) of fees, discounts, premiums and intangible assets, net AmortizationAccretionOfFeesDiscountsPremiumsAndIntangibleAssetsNet $5.10M USD 1 Quarter
Amortization (accretion) of fees, discounts, premiums and intangible assets, net AmortizationAccretionOfFeesDiscountsPremiumsAndIntangibleAssetsNet $6.89M USD 1 Quarter
Cash received from FDIC under loss share IncreaseDecreaseInFdicIndemnificationAsset $6.76M USD 1 Quarter
Cash received from FDIC under loss share IncreaseDecreaseInFdicIndemnificationAsset $14.22M USD 1 Quarter
Depreciation DepreciationNonproduction $1.88M USD 1 Quarter
Depreciation DepreciationNonproduction $1.65M USD 1 Quarter
Stock option compensation expense StockOptionPlanExpense $300.00K USD 1 Quarter
Stock option compensation expense StockOptionPlanExpense $300.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $11.21M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $26.00M USD 1 Quarter
Loss on real estate held for sale, net GainLossOnSaleOfInvestmentsInSecuritiesAndOther $-10.55M USD 1 Quarter
Loss on real estate held for sale, net GainLossOnSaleOfInvestmentsInSecuritiesAndOther $-19.86M USD 1 Quarter
Increase in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $1.39M USD 1 Quarter
Increase in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $2.75M USD 1 Quarter
Increase in FDIC loss share receivable IncreaseDecreaseInFdicLossShareReceivable $770.00K USD 1 Quarter
Increase in FDIC loss share receivable IncreaseDecreaseInFdicLossShareReceivable $1.36M USD 1 Quarter
Increase in income taxes payable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable $18.81M USD 1 Quarter
Increase in income taxes payable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable $13.80M USD 1 Quarter
FHLB stock dividends IncreaseDecreaseInFederalHomeLoanBankStockDividends $170.00K USD 1 Quarter
FHLB stock dividends IncreaseDecreaseInFederalHomeLoanBankStockDividends $-2.00K USD 1 Quarter
Increase in intangible assets PaymentsToAcquireIntangibleAssets - USD 1 Quarter
Increase in intangible assets PaymentsToAcquireIntangibleAssets $1.06M USD 1 Quarter
Decrease in other assets IncreaseDecreaseInOtherOperatingAssets $-8.38M USD 1 Quarter
Decrease in other assets IncreaseDecreaseInOtherOperatingAssets $-4.76M USD 1 Quarter
Increase (decrease) in accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $-23.99M USD 1 Quarter
Increase (decrease) in accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $2.02M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $77.01M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $102.27M USD 1 Quarter
Net principal collections (loan originations) LoansOriginatedNetOfPrincipalCollections $-251.06M USD 1 Quarter
Net principal collections (loan originations) LoansOriginatedNetOfPrincipalCollections $-203.95M USD 1 Quarter
Available-for-sale securities purchased PaymentsToAcquireAvailableForSaleSecurities $572.54M USD 1 Quarter
Available-for-sale securities purchased PaymentsToAcquireAvailableForSaleSecurities $581.34M USD 1 Quarter
Principal payments and maturities of available-for-sale securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $276.98M USD 1 Quarter
Principal payments and maturities of available-for-sale securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $209.77M USD 1 Quarter
Available-for-sale securities sold ProceedsFromSaleOfAvailableForSaleSecurities - USD 1 Quarter
Available-for-sale securities sold ProceedsFromSaleOfAvailableForSaleSecurities $3.50M USD 1 Quarter
Principal payments and maturities of held-to-maturity securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $11.55M USD 1 Quarter
Principal payments and maturities of held-to-maturity securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $4.84M USD 1 Quarter
Net cash received from acquisition CashAcquiredFromAcquisition - USD 1 Quarter
Net cash received from acquisition CashAcquiredFromAcquisition $50.45M USD 1 Quarter
Proceeds from sales of real estate held for sale ProceedsFromSaleOfPropertyHeldForSale $28.80M USD 1 Quarter
Proceeds from sales of real estate held for sale ProceedsFromSaleOfPropertyHeldForSale $23.71M USD 1 Quarter
Proceeds from sales of covered REO ProceedsFromSalesOfCoveredRealEstateOwned $11.88M USD 1 Quarter
Proceeds from sales of covered REO ProceedsFromSalesOfCoveredRealEstateOwned $1.76M USD 1 Quarter
Premises and equipment purchased PaymentsToAcquirePropertyPlantAndEquipment $4.37M USD 1 Quarter
Premises and equipment purchased PaymentsToAcquirePropertyPlantAndEquipment $9.31M USD 1 Quarter
Net cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-79.06M USD 1 Quarter
Net cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-10.24M USD 1 Quarter
Net increase (decrease) in customer accounts IncreaseDecreaseInDeposits $73.98M USD 1 Quarter
Net increase (decrease) in customer accounts IncreaseDecreaseInDeposits $-6.91M USD 1 Quarter
Net decrease in borrowings ProceedsFromRepaymentsOfDebt $-1.47M USD 1 Quarter
Net decrease in borrowings ProceedsFromRepaymentsOfDebt $-18.87M USD 1 Quarter
Proceeds from exercise of common stock options ProceedsFromStockOptionsExercised $2.00K USD 1 Quarter
Proceeds from exercise of common stock options ProceedsFromStockOptionsExercised $117.00K USD 1 Quarter
Dividends paid on common stock PaymentsOfDividendsCommonStock $6.79M USD 1 Quarter
Dividends paid on common stock PaymentsOfDividendsCommonStock $8.52M USD 1 Quarter
Treasury stock purchased, net PaymentsForRepurchaseOfCommonStock $20.31M USD 1 Quarter
Treasury stock purchased, net PaymentsForRepurchaseOfCommonStock $4.56M USD 1 Quarter
Decrease in advance payments by borrowers for taxes and insurance IncreaseDecreaseinAdvancePaymentsByBorrowersForTaxesAndInsurance $-24.07M USD 1 Quarter
Decrease in advance payments by borrowers for taxes and insurance IncreaseDecreaseinAdvancePaymentsByBorrowersForTaxesAndInsurance $-24.41M USD 1 Quarter
Net cash provided (used) by financing activities NetCashProvidedByUsedInFinancingActivities $-43.69M USD 1 Quarter
Net cash provided (used) by financing activities NetCashProvidedByUsedInFinancingActivities $1.88M USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-45.73M USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $93.91M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $909.91M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $888.62M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $816.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $842.89M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $909.91M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $888.62M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $816.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $842.89M USD Point-in-time
Non-covered real estate acquired through foreclosure NonCoveredRealEstateAcquiredThroughForeclosure $42.77M USD 1 Quarter
Non-covered real estate acquired through foreclosure NonCoveredRealEstateAcquiredThroughForeclosure $31.53M USD 1 Quarter
Covered real estate acquired through foreclosure CoveredRealEstateAcquiredThroughForeclosure $5.47M USD 1 Quarter
Covered real estate acquired through foreclosure CoveredRealEstateAcquiredThroughForeclosure $18.45M USD 1 Quarter
Interest InterestPaid $63.07M USD 1 Quarter
Interest InterestPaid $53.78M USD 1 Quarter
Income taxes IncomeTaxesPaid - USD 1 Quarter
Income taxes IncomeTaxesPaid $2.00K USD 1 Quarter
Fair value of assets acquired FairValueOfAssetsAcquired $124.73M USD 1 Quarter
Fair value of assets acquired FairValueOfAssetsAcquired - USD 1 Quarter
Fair value of liabilities assumed LiabilitiesAssumed1 $154.50M USD 1 Quarter
Fair value of liabilities assumed LiabilitiesAssumed1 - USD 1 Quarter
Net fair value of assets (liabilities) NetFairValueOfAssetsLiabilities $-29.77M USD 1 Quarter
Net fair value of assets (liabilities) NetFairValueOfAssetsLiabilities - USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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