XML 25 R19.htm IDEA: XBRL DOCUMENT  v2.3.0.11

Note H - Covered Assets (Tables)

9 Months Ended

Jun. 30, 2011

Covered Assets [Abstract]

Schedule of Changes in Carrying Amount and Accretable Yield of Assets [Table Text Block]

Changes in the carrying amount and accretable yield for acquired impaired and non-impaired loans were as follows for the quarter ended June 30, 2011:

	Acquired Impaired								Acquired Non-impaired
	Accretable Yield				Carrying Amount of Loans				Accretable Yield				Carrying Amount of Loans
	(In thousands)
Balance at beginning of period	$	27,019			$	190,530			$	39,813			$	343,944
Accretion	(8,337		)		8,337				(7,058		)		7,058
Transfers to REO					(46,008		)		—
Payments received, net					(24,152		)		—				(61,828		)
Balance at end of period	$	18,682			$	128,707			$	32,755			$	289,174

Schedule of Activity for FDIC Indemnification Asset [Table Text Block]

	June 30, 2011				September 30, 2010
	(In thousands)
Balance at beginning of period	$	131,128			$	—
Additions	—				227,500
Payments received	(20,978		)		(92,551		)
Amortization	(5,645		)		(8,150		)
Accretion	2,447				4,329
Balance at end of period	$	106,952			$	131,128

Summary of loans based on credit quality indicators

	Internally Assigned Grade																				Total
	Pass				Special mention				Substandard				Doubtful				Loss				Gross Loans
	(In thousands)
Single-family residential	$	6,149,861			$	—			$	131,211			$	—			$	—			$	6,281,072
Construction - speculative	31,871				5,484				106,609				—				—				143,964
Construction - custom	270,894				—				—				—				—				270,894
Land - acquisition & development	42,791				2,470				185,640				—				—				230,901
Land - consumer lot loans	169,590				—				124				—				—				169,714
Multi-family	680,729				3,756				32,622				—				—				717,107
Commercial real estate	263,993				4,345				34,685				—				—				303,023
Commercial & industrial	75,834				1,316				4,941				—				—				82,091
HELOC	114,676				—				—				—				—				114,676
Consumer	72,264				511				286				—				—				73,061
	$	7,872,503			$	17,882			$	496,118			$	—			$	—			$	8,386,503
Total grade as a % of total gross loans	93.9		%		0.2		%		5.9		%		—		%		—		%

	Performing Loans							Non-Performing Loans
	Amount				% of Total Gross  Loans			Amount				% of Total Gross  Loans
	(In thousands)
Single-family residential	$	6,151,274			97.9	%		$	129,798			2.1	%
Construction - speculative	119,425				83.0			24,539				17.0
Construction - custom	270,894				100.0			—				—
Land - acquisition & development	179,801				77.9			51,100				22.1
Land - consumer lot loans	163,566				96.4			6,148				3.6
Multi-family	709,257				98.9			7,850				1.1
Commercial real estate	290,837				96.0			12,186				4.0
Commercial & industrial	81,834				99.7			257				0.3
HELOC	114,086				99.5			590				0.5
Consumer	72,777				99.6			284				0.4
	$	8,153,751			97.2			$	232,752			2.8

	Internally Assigned Grade																				Total Net  Loans
	Pass				Special mention				Substandard				Doubtful				Loss
	(In thousands)
Purchased non-credit impaired loans:
Single-family residential	$	47,898			$	—			$	626			$	—			$	—			$	48,524
Construction - speculative	2,253				—				—				—				—				2,253
Construction - custom	—				—				—				—				—				—
Land - acquisition & development	8,878				7,277				324				—				—				16,479
Land - consumer lot loans	562				—				111				—				—				673
Multi-family	32,827				—				2,462				—				—				35,289
Commercial real estate	126,838				530				29,784				—				—				157,152
Commercial & industrial	20,489				4,886				5,821				—				—				31,196
HELOC	22,161				—				—				—				—				22,161
Consumer	1,311				—				—				—				—				1,311
	263,217				12,693				39,128				—				—				315,038
Total grade as a % of total net loans	83.6		%		4.0		%		12.4		%		—		%		—		%
Purchased credit impaired loans:
Pool 1 - Construction and land A&D	9,062				3,975				63,912				—				—				76,949
Pool 2 - Single-family residential	3,911				—				9,030				—				—				12,941
Pool 3 - Multi-family	—				—				3,342				—				—				3,342
Pool 4 - HELOC & other consumer	3,888				—				5,504				—				—				9,392
Pool 5 - Commercial real estate	1,553				29,985				49,824				—				—				81,362
Pool 6 - Commercial & industrial	515				5,327				35,267				—				—				41,109
	$	18,929			$	39,287			$	166,879			$	—			$	—			225,095
																	Total covered loans				540,133
																	Discount				(122,252		)
																	Covered loans, net				$	417,881

Analysis of Aging of Non-Credit Impaired Loans [Table Text Block]

	Amount of  Loans Net of LIP & Chg.-Offs				Days Delinquent Based on $ Amount of Loans																				% based on $
Type of Loans					Current				30				60				90				Total
Single-Family Residential	$	48,524			$	43,880			$	2,527			$	16			$	2,101			$	4,644			9.57	%
Construction - Speculative	2,253				2,253				—				—				—				—				—	%
Construction - Custom	—				—				—				—				—				—				—	%
Land - Acquisition & Development	16,479				15,658				590				—				231				821				4.98	%
Land - Consumer Lot Loans	673				546				16				—				111				127				18.87	%
Multi-Family	35,289				33,577				204				—				1,508				1,712				4.85	%
Commercial Real Estate	157,152				152,999				2,756				152				1,245				4,153				2.64	%
Commercial & Industrial	31,196				28,913				203				776				1,304				2,283				7.32	%
HELOC	22,161				19,647				1,753				389				372				2,514				11.34	%
Consumer	1,311				1,093				150				9				59				218				16.63	%
	$	315,038			$	298,566			$	8,199			$	1,342			$	6,931			$	16,472			7.97	%

X

- Definition

Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=6965416&loc=SL6953659-111524

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 55
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=6951925&loc=SL6953803-111525

+ Details

Name:	us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix:	us-gaap
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Analysis of Aging of Non-Credit Impaired Loans [Table Text Block]

+ Details

Name:	wfsl_AnalysisOfAgingOfNonCreditImpairedLoansTableTextBlock
Namespace Prefix:	wfsl
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Covered Assets [Abstract]

+ Details

Name:	wfsl_CoveredAssetsAbstract
Namespace Prefix:	wfsl
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule of Activity for FDIC Indemnification Asset [Table Text Block]

+ Details

Name:	wfsl_ScheduleOfActivityForFdicIndemnificationAssetTableTextBlock
Namespace Prefix:	wfsl
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule of Changes in Carrying Amount and Accretable Yield of Assets [Table Text Block]

+ Details

Name:	wfsl_ScheduleOfChangesInCarryingAmountAndAccretableYieldOfAssetsTableTextBlock
Namespace Prefix:	wfsl
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration