WAFD INC
For the period ended Dec 31, 2023. Filed Jan 31, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2023 · Filed Jan 31, 2024
WAFD$29.44-0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Financial Statements (Unaudited)
| December 31, 2023 | September 30, 2023 | |
|---|---|---|
| (In thousands, except share data) | ||
| ASSETS | ||
| Cash and cash equivalents | $1,144,774 | $980,649 |
| Available-for-sale securities, at fair value | 2,018,445 | 1,995,097 |
| Held-to-maturity securities, at amortized cost | 415,079 | 423,586 |
| Loans receivable, net of allowance for loan losses of $179,320 and $177,207 | 17,584,622 | 17,476,550 |
| Interest receivable | 87,022 | 87,003 |
| Premises and equipment, net | 237,202 | 237,011 |
| Real estate owned | 6,820 | 4,149 |
| FHLB stock | 137,940 | 126,820 |
| Bank owned life insurance | 244,558 | 242,919 |
| Intangible assets, including goodwill of $305,125 and $304,750 | 311,103 | 310,619 |
| Federal and state income tax assets, net | — | 8,479 |
| Other assets | 452,557 | 581,793 |
| $22,640,122 | $22,474,675 | |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Liabilities | ||
| Customer accounts | ||
| Transaction deposit accounts | $10,658,064 | $10,765,313 |
| Time deposit accounts | 5,380,723 | 5,305,016 |
| 16,038,787 | 16,070,329 | |
| Borrowings | 3,875,000 | 3,650,000 |
| Advance payments by borrowers for taxes and insurance | 19,244 | 52,550 |
| Federal and state income tax liabilities, net | 1,478 | — |
| Accrued expenses and other liabilities | 253,609 | 275,370 |
| 20,188,118 | 20,048,249 | |
| Commitments and contingencies (see Note I) | ||
| Shareholders’ equity | ||
| Preferred stock, $1.00 par value, 5,000,000 shares authorized; 300,000 and 300,000 shares issued; 300,000 and 300,000 shares outstanding | 300,000 | 300,000 |
| Common stock, $1.00 par value, 300,000,000 shares authorized; 136,679,479 and 136,466,579 shares issued; 64,254,700 and 64,736,916 shares outstanding | 136,679 | 136,467 |
| Additional paid-in capital | 1,691,102 | 1,687,634 |
| Accumulated other comprehensive income (loss), net of taxes | 47,014 | 46,921 |
| Treasury stock, at cost; 72,424,779 and 71,729,663 shares | (1,629,348) | (1,612,345) |
| Retained earnings | 1,906,557 | 1,867,749 |
| 2,452,004 | 2,426,426 | |
| $22,640,122 | $22,474,675 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.