Attached files
| file | filename |
|---|---|
| 8-K - WAFD 8-K_JAN 17 2013 - WASHINGTON FEDERAL INC | wafd8-k.htm |
| EX-99.2 - EXHIBIT 99.2_FACT SHEET - WASHINGTON FEDERAL INC | exhibit992dec2012factshe.htm |
| EX-99.1 - EXHIBIT 99.1_BALANCE SHEET - WASHINGTON FEDERAL INC | exhibit991dec2012balance.htm |
| EX-99.2 - EXHIBIT 99.2_DELINQUENCY SUMMARY - WASHINGTON FEDERAL INC | exhibit992dec2012delinqu.htm |
| EX-99.1 - EXHIBIT 99.1_PRESS RELEASE VERBIAGE - WASHINGTON FEDERAL INC | exhibit991dec2012pressre.htm |
| EX-99.2 - EXHIBIT 99.2_AVERAGE BALANCE SHEET - WASHINGTON FEDERAL INC | exhibit992dec2012average.htm |
Exhibit 99.1 2012 2011 (In thousands, except per share data) INTEREST INCOME Loans & covered assets....................................................................................... 116,843$ 127,479$ Mortgage-backed securities................................................................................ 11,732 26,296 Investment securities and cash equivalents........................................................ 2,734 2,151 131,309 155,926 INTEREST EXPENSE Customer accounts.............................................................................................. 18,772 23,949 FHLB advances and other borrowings............................................................... 17,103 28,263 35,875 52,212 Net interest income........................................................................................... 95,434 103,714 Provision for loan losses..................................................................................... 3,600 11,210 Net interest income after provision for loan losses....................................... 91,834 92,504 OTHER INCOME Other.................................................................................................................... 4,957 4,645 4,957 4,645 OTHER EXPENSE Compensation and benefits................................................................................. 21,072 18,675 Occupancy .......................................................................................................... 4,446 3,931 FDIC premiums .................................................................................................. 3,342 4,193 Other.................................................................................................................... 9,438 7,564 38,298 34,363 Gain (loss) on real estate acquired through foreclosure, net.............................. (3,319) (10,570) Income before income taxes............................................................................... 55,174 52,216 Income taxes provision....................................................................................... 19,892 18,798 NET INCOME.................................................................................................. 35,282$ 33,418$ PER SHARE DATA Basic earnings..................................................................................................... .33$ .31$ Diluted earnings.................................................................................................. .33 .31 Cash Dividends per share................................................................................... .08 .08 Basic weighted average number of shares outstanding...................................... Diluted weighted average number of shares outstanding, including dilutive stock options........................................................................ PERFORMANCE RATIOS Return on average assets..................................................................................... .98% Return on average common equity..................................................................... 7.02% 107,894,572 7.41% WASHINGTON FEDERAL, INC. AND SUBSIDIARIES 106,043,914 1.11% 105,998,184 107,845,011 CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) Quarter Ended December 31, - 2 -