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
|