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FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Assets    
Cash on hand and in banks $ 5,713 $ 5,920
Interest-earning deposits with banks 99,998 98,129
Investments available-for-sale, at fair value 129,565 120,374
Loans receivable, net of allowance of $9,463 and $10,491 685,072 663,938
Premises and equipment, net 17,707 16,734
Federal Home Loan Bank (FHLB) stock, at cost 6,137 6,745
Accrued interest receivable 2,968 3,265
Deferred tax assets, net 4,556 8,338
Other real estate owned (OREO) 3,663 9,283
Bank Owned Life Insurance 23,309 2,776
Prepaid expenses and other assets 1,225 1,495
Total assets 979,913 936,997
Liabilities and Stockholders' Equity    
Interest-bearing deposits 29,392 14,354
Interest-bearing Deposit Liabilities 646,015 599,773
Total deposits 675,407 614,127
Advances from the FHLB 125,500 135,500
Advance payments from borrowers for taxes and insurance 1,794 1,707
Accrued interest payable 135 142
Other liabilities 6,404 4,109
Total liabilities $ 809,240 $ 755,585
Commitments and contingencies (Note 13)
Stockholders' Equity    
Preferred stock, $0.01 par value; authorized 10,000,000 shares, no shares issued or outstanding $ 0 $ 0
Common stock, $0.01 par value; authorized 90,000,000 shares; issued and outstanding 15,167,381 shares at December 31, 2014, and 16,392,139 shares at December 31, 2013 138 151
Additional paid-in capital 136,338 153,395
Retained earnings, substantially restricted 42,892 36,969
Accumulated other comprehensive loss, net of tax (1,077) (357)
Unearned Employee Stock Ownership Plan (ESOP) shares (7,618) (8,746)
Total stockholders' equity 170,673 181,412
Total liabilities and stockholders' equity $ 979,913 $ 936,997