Parent Company Only Financial Statements (Tables)

12 Months Ended

Dec. 31, 2014

Parent Company Only Financial Statements [Abstract]

Schedule of Condensed Balance Sheet

FIRST FINANCIAL NORTHWEST, INC.

Condensed Balance Sheets 

	December 31,
	2014		2013
	(In thousands)
Assets
Cash and cash equivalents	$	97	$	84
Interest-bearing deposits	64,374		9,127
Investment in First Savings Bank	108,239		164,968
Investment in First Financial Diversified, Inc.	6,173		8,336
Receivable from subsidiaries	1,589		1,536
Deferred tax assets, net	1,124		—
Other assets	51		619
Total assets	$	181,647	$	184,670
Liabilities and Stockholders' Equity
Liabilities:
Payable to subsidiaries	$	116	$	66
Other liabilities	119		249
Total liabilities	235		315
Stockholders' equity	181,412		184,355
Total liabilities and stockholders' equity	$	181,647	$	184,670

Schedule of Condensed Income Statement

FIRST FINANCIAL NORTHWEST, INC.

Condensed Income Statements

	Year Ended December 31,
	2014			2013			2012
	(In thousands)
Operating income:
Interest income:
Interest-bearing deposits with banks	$	26		$	27		$	58
Other income	8			12
Total operating income	34			39			58
Operating expenses:
Other expenses	1,475			1,756			1,793
Total operating expenses	1,475			1,756			1,793
Loss before provision for federal income taxes and equity in undistributed
earnings of subsidiaries	(1,441		)	(1,717		)	(1,735		)
Federal income tax benefit	(573		)	(619		)	—
Loss before equity in undistributed loss of subsidiaries	(868		)	(1,098		)	(1,735		)
Equity in undistributed earnings of subsidiaries	11,555			25,563			4,448
Net income	$	10,687		$	24,465		$	2,713

Schedule of Condensed Cash Flow Statement

FIRST FINANCIAL NORTHWEST, INC.

Condensed Statements of Cash Flows

	Year Ended December 31,
	2014			2013			2012
	(In thousands)
Cash flows from operating activities:
Net income	$	10,687		$	24,465		$	2,713
Adjustments to reconcile net income to net cash from operating
activities:
Equity in undistributed earnings of subsidiaries	(11,555		)	(25,563		)	(4,448		)
Dividends received from subsidiary	72,300			14,491			—
ESOP, stock options, and restricted stock compensation	13			48			—
Change in deferred tax assets, net	(540		)	(584		)	—
Change in receivables from subsidiaries	8			(12		)	—
Change in payables to subsidiaries	50			66			—
Change in other assets	(16		)	119			(113		)
Changes in other liabilities	(130		)	(38		)	260
Net cash provided (used) by operating activities	70,817			12,992			(1,588		)
Cash flows from investing activities:
Investments in subsidiaries	—			71			—
ESOP loan repayment	1,054			1,011			963
Net cash provided in investing activities	1,054			1,082			963
Cash flows from financing activities:
Proceeds from exercise of stock options	3,611			3,023			—
Proceeds for vested awards	282			1,508			1,427
Repurchase and retirement of common stock	(17,566		)	(28,090		)	—
Dividends paid	(2,938		)	(1,895		)	—
Net cash used by financing activities	(16,611		)	(25,454		)	1,427
Net increase (decrease) in cash	55,260			(11,380		)	802
Cash and cash equivalents at beginning of year	9,211			20,591			19,789
Cash and cash equivalents at end of year	$	64,471		$	9,211		$	20,591