EX-99 2 jul15_x992.txt JULY 15 2005 FORM 8-K EXHIBIT 99.2 1 Washington Federal, Inc. Fact Sheet June 30, 2005 ($ in Thousands) 12/04 QTR 3/05 QTR 6/05 QTR -------- -------- --------- Loan Loss Reserve - Total $ 25,008 $ 24,994 $ 24,868 - General 24,268 24,362 24,371 - Specific 740 631 498 Net Charge-offs (Recoveries) for the Qtr 132 14 (8) Nonperforming Assets - Total 12,896 9,082 7,975 - REO 2,094 1,590 643 - Nonaccrual 10,802 7,492 7,332 Troubled Debt Restructuring 763 766 572 Capital Ratios - Tangible 1,058,930 14.20% 1,080,322 14.37% 1,102,679 14.09% - Core 1,058,930 14.20 1,080,322 14.37 1,102,679 14.09 - Risk Based 1,073,724 26.49 1,095,205 26.71 1,119,121 26.25 12/04 QTR 3/05 QTR 3/05 YTD 6/05 QTR 6/05 YTD -------- -------- -------- --------- -------- Loan Originations - Total $ 563,971 $ 511,406 $1,075,377 $ 667,886 $1,743,263 - Single-Family 282,033 253,242 535,275 320,126 855,401 - Multi-Family 32,596 25,923 58,519 40,470 98,989 - Land 72,727 75,331 148,058 121,490 269,548 - Construction 176,615 156,910 333,525 185,800 519,325 12/04 QTR 3/05 QTR 3/05 YTD 6/05 QTR 6/05 YTD -------- -------- -------- -------- -------- Loan Servicing Fee Income $ 1,572 $ 1,694 $ 3,266 $ 1,651 $ 4,917 Other Fee Income 231 237 468 237 705 -------- -------- -------- -------- -------- Total Fee Income $ 1,803 $ 1,931 $ 3,734 $ 1,888 $ 5,622 ======== ======== ======== ======== ======== 12/04 QTR 3/05 QTR 3/05 YTD 6/05 QTR 6/05 YTD -------- -------- -------- -------- -------- Average Loans $5,203,795 $5,422,200 $5,311,797 $5,643,508 $5,422,368 Average Earning Assets 7,146,047 7,380,416 7,261,943 7,571,048 7,364,978 Average Assets 7,386,270 7,586,058 7,478,002 7,777,389 7,586,711 Average Paying Liabilities 6,070,724 6,247,571 6,158,176 6,442,057 6,252,803 Operating Expenses/Average Assets 0.65% 0.74% 0.69% 0.66% 0.68% Efficiency Ratio 17.62 18.16 17.91 19.55 18.42 Amortization of Intangibles $ 318 $ 306 $ 624 $ 293 $ 917 Repayments 12/04 QTR 3/05 QTR 3/05 YTD 6/05 QTR 6/05 YTD ---------- -------- -------- -------- -------- -------- Loans $ 400,142 $ 381,643 $ 781,785 $ 475,893 $1,257,678 MBS 55,390 46,100 101,490 53,199 154,689 EOP Numbers 12/04 QTR 3/05 QTR 6/05 QTR ----------- -------- -------- --------- Shares Issued and Outstanding 86,617,485 * 86,707,298 86,777,363 Share repurchase information 12/04 QTR 3/05 QTR 3/05 YTD 6/05 QTR 6/05 YTD ---------------------------- -------- -------- -------- -------- -------- Remaining shares auth. for repurchase 3,310,014 * 3,310,014 3,310,014 3,310,014 3,310,014 Shares repurchased --- --- --- --- --- Average share repurchase price $ --- $ --- $ --- $ --- $ --- * - Item has been adjusted for the Feb. 2005 10% stock dividend -1- 2 Tangible Book Value 12/04 QTR 3/05 QTR 6/05 QTR ------------------- -------- -------- --------- $ Amount $1,077,486 $1,091,196 $1,116,338 Per Share 12.44 * 12.58 12.86 # of Employees 749 756 770 Tax Rate - Going Forward 35.50% 35.50% 35.50% 12/04 QTR 3/05 QTR 6/05 QTR ---------------- ---------------- ---------------- Loan Portfolio by Category AMOUNT % AMOUNT % AMOUNT % -------------------------- ------ - ------ - ------ - Single-Family Residential $4,145,727 70.7% $4,248,491 70.6% $4,451,132 70.2% Multi-Family 475,057 8.1 470,635 7.8 481,184 7.6 Construction 908,528 15.5 931,861 15.5 978,411 15.5 Land 331,281 5.7 365,360 6.1 421,966 6.7 ---------- ---- ---------- ---- ---------- ---- Gross Loans (before ALL/Deferrals/LIP) $5,860,593 100% $6,016,347 100% $6,332,693 100% ========== ==== ========== ==== ========== ==== 12/04 QTR 3/05 QTR 6/05 QTR ----------------------- ----------------------- ----------------------- Deposits by State AMOUNT % # AMOUNT % # AMOUNT % # ----------------- ------ - - ------ - - ------ - - WA $2,231,460 47.8% 43 $2,252,898 47.8% 43 $2,255,177 46.8% 43 ID 492,592 10.6 16 500,663 10.6 16 504,357 10.5 16 OR 813,237 17.4 26 836,936 17.7 27 862,457 17.9 27 UT 279,902 6.0 10 287,686 6.1 10 291,300 6.1 10 NV 65,199 1.4 2 63,361 1.3 3 103,619 2.2 3 TX 35,805 0.8 2 35,412 0.7 2 36,162 0.8 2 AZ 746,136 16.0 20 745,633 15.8 20 755,613 15.7 20 ---------- ---- --- ---------- ---- --- ---------- ---- --- Total $4,664,331 100% 119 $4,722,589 100% 121 $4,808,685 100% 121 ========== ==== === ========== ==== === ========== ==== === 12/04 QTR 3/05 QTR 6/05 QTR ---------------- ---------------- ---------------- Deposits by type AMOUNT % AMOUNT % AMOUNT % ---------------- ------ - ------ - ------ - Checking (noninterest) $ 13,207 0.3% $ 12,560 0.3% $ 14,611 0.3% NOW (interest) 181,962 3.9 181,300 3.8 176,537 3.7 Savings (passbook/stmt) 219,151 4.7 210,080 4.4 200,176 4.2 Money Market 946,535 20.3 942,680 20.0 894,682 18.6 C.D.'s 3,303,476 70.8 3,375,969 71.5 3,522,679 73.2 ---------- ---- ---------- ---- ---------- ---- Total $4,664,331 100% $4,722,589 100% $4,808,685 100% ========== ==== ========== ==== ========== ==== Deposits greater than $100,000 - EOP $1,211,460 $1,240,065 $1,268,965 Brokered Deposits $ --- $ --- $ --- * - Item has been adjusted for the Feb. 2005 10% stock dividend -2-