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Loans Receivable (excluding Covered Loans) (Tables)
12 Months Ended
Sep. 30, 2011
Loans Receivable [Abstract] 
Schedule of Loans Receivable (excluding Covered Loans)
 
September 30,
2011
 
2010
 
$
%
 
$
%
 
(In thousands)
 
 
(In thousands)
 
Single-family residential
$
6,218,878

74.9
%
 
6,551,837

74.8
%
Construction - speculative
140,459

1.7

 
169,712

1.9

Construction - custom
279,851

3.4

 
256,384

2.9

Land - acquisition & development
200,692

2.4

 
307,230

3.5

Land - consumer lot loans
163,146

2.0

 
186,840

2.1

Multi-family
700,673

8.4

 
697,351

7.9

Commercial real estate
303,442

3.7

 
315,915

3.6

Commercial & industrial
109,332

1.3

 
83,070

0.9

HELOC
115,092

1.4

 
116,143

1.3

Consumer
67,509

0.8

 
92,624

1.1

 
8,299,074

100.0
%
 
8,777,106

100.0
%
 
 
 
 
 
 
Less:
 
 
 
 
 
Allowance for loan losses
157,160

 
 
163,094

 
Loans in process
170,229

 
 
154,171

 
Deferred net origination fees
35,808

 
 
36,138

 
 
363,197

 
 
353,403

 
 
$
7,935,877

 
 
$
8,423,703

 
Schedule of fixed and adjustable rate loans
The Company originates fixed and adjustable interest rate loans, which at September 30, 2011 consisted of the following:

Fixed-Rate
 
Adjustable-Rate
Term To Maturity
Book Value
 
Term To Rate Adjustment
Book Value
 
(In thousands)
 
 
(In thousands)
Within 1 year
$
336,641

 
Less than 1 year
$
289,814

1 to 3 years
199,620

 
1 to 3 years
197,107

3 to 5 years
168,798

 
3 to 5 years
43,515

5 to 10 years
626,142

 
5 to 10 years
158,636

10 to 20 years
616,212

 
10 to 20 years
26,972

Over 20 years
5,493,260

 
Over 20 years
142,357

 
$
7,440,673

 
 
$
858,401

Schedule of loans receivable by geographic area
Gross loans by geographic concentration were as follows:
 
September 30, 2011
Single -
family
residential
Multi-
family
Land -
A & D
Land -
lot loans
Construction - custom
Construction - speculative
Commercial
real estate
Commercial
and industrial
Consumer
HELOC
Total
 
(In thousands)
Washington
$
2,720,997

$
220,819

$
114,852

$
80,332

$
168,463

$
89,983

$
238,446

$
101,278

$
65,140

$
74,049

$
3,874,359

Oregon
1,003,289

299,839

17,013

33,152

45,784

18,441

13,744



7,484

1,438,746

Other
419,202

7,343






745



427,290

Idaho
465,420

31,417

8,457

16,251

9,421

10,886

882



5,423

548,157

Arizona
633,860

59,993

19,463

14,090

18,687

4,720


219


6,559

757,591

Utah
502,585

59,445

14,656

11,576

26,803

4,305

496

118


6,001

625,985

New Mexico
182,375

14,284

22,909

5,178

3,135

9,345

49,399

6,972

2,369

15,438

311,404

Texas
151,178

2,835

3,342

998

6,373

2,000

475




167,201

Nevada
139,972

4,698


1,569

1,185

779




138

148,341

 
$
6,218,878

$
700,673

$
200,692

$
163,146

$
279,851

$
140,459

$
303,442

$
109,332

$
67,509

$
115,092

$
8,299,074



PERCENTAGE BY GEOGRAPHIC AREA
 
September 30, 2011
Single -
family
residential
Multi-
family
Land -
A & D
Land -
lot loans
Construction - custom
Construction - speculative
Commercial
real estate
Commercial
and industrial
Consumer
HELOC
Total
 
As % of total gross loans
Washington
32.6
%
2.7
%
1.4
%
1.0
%
2.0
%
1.1
%
2.9
%
1.2
%
0.8
%
0.9
%
46.6
%
Oregon
12.1

3.6

0.2

0.4

0.6

0.2

0.2



0.1

17.4

Other
5.1

0.1









5.2

Idaho
5.6

0.4

0.1

0.2

0.1

0.1




0.1

6.6

Arizona
7.6

0.7

0.2

0.2

0.2

0.1




0.1

9.1

Utah
6.1

0.7

0.2

0.1

0.3

0.1




0.1

7.6

New Mexico
2.2

0.2

0.3

0.1


0.1

0.6

0.1


0.2

3.8

Texas
1.8




0.1






1.9

Nevada
1.7

0.1









1.8

 
74.8
%
8.5
%
2.4
%
2.0
%
3.3
%
1.7
%
3.7
%
1.3
%
0.8
%
1.5
%
100.0
%

PERCENTAGE BY GEOGRAPHIC AREA AS A % OF EACH LOAN TYPE
 
September 30, 2011
Single -
family
residential
Multi-
family
Land -
A & D
Land -
lot loans
Construction - custom
Construction - speculative
Commercial
real estate
Commercial
and industrial
Consumer
HELOC
As % of total gross loans
Washington
43.8
%
31.5
%
57.2
%
49.2
%
60.1
%
63.9
%
78.5
%
92.6
%
96.5
%
64.4
%
Oregon
16.1

42.8

8.5

20.3

16.4

13.1

4.5



6.5

Other
6.7

1.0






0.7



Idaho
7.5

4.5

4.2

10.0

3.4

7.8

0.3



4.7

Arizona
10.2

8.6

9.7

8.6

6.7

3.4


0.2


5.7

Utah
8.1

8.5

7.3

7.1

9.6

3.1

0.2

0.1


5.2

New Mexico
2.9

2.0

11.4

3.2

1.1

6.7

16.3

6.4

3.5

13.4

Texas
2.4

0.4

1.7

0.6

2.3

1.4

0.2




Nevada
2.3

0.7


1.0

0.4

0.6




0.1

 
100.0
%
100.0
%
100.0
%
100.0
%
100.0
%
100.0
%
100.0
%
100.0
%
100.0
%
100.0
%

Schedule of impaired loans, loan commitments and loans serviced
The following table provides additional information on impaired loans, loan commitments and loans serviced for others:
 
September 30, 2011

 
September 30, 2010

 
(in thousands)
Recorded investment in impaired loans
$
476,822

 
$
489,826

Impaired loans with allocated reserves
123,862

 
202,120

Reserves on impaired loans
41,912

 
65,002

Average balance of impaired loans
486,665

 
528,371

Interest income from impaired loans
28,081

 
31,279

Outstanding fixed-rate origination commitments
67,542

 
79,871

Loans serviced for others
102,775

 
130,874

Schedule of loan modifications
 
Number of
 
Recorded
 
Contracts
 
Investment
 
 
 
(In thousands)
Troubled Debt Restructurings That Subsequently Defaulted:
 
 
 
   Single-family residential
103

 
$
27,878

   Construction - speculative

 

   Construction - custom

 

   Land - acquisition & development
5

 
779

   Land - consumer lot loans

 

   Multi-family
1

 
983

   Commercial real estate

 

   Commercial & industrial

 

   HELOC

 

   Consumer

 

 
109
 
$
29,640