XML 27 R17.htm IDEA: XBRL DOCUMENT v3.8.0.1

Loans Receivable (Tables)

3 Months Ended

Dec. 31, 2017

Receivables [Abstract]

Schedule of Loans Receivable

The following table is a summary of loans receivable.

	December 31, 2017						September 30, 2017
	(In thousands)						(In thousands)
Gross loans by category
Single-family residential	$	5,693,318		45.7	%		$	5,711,004		46.8	%
Construction	1,710,418			13.7			1,597,996			13.1
Construction - custom	583,580			4.7			602,631			4.9
Land - acquisition & development	136,938			1.1			124,308			1.0
Land - consumer lot loans	105,086			0.8			104,405			0.9
Multi-family	1,312,695			10.5			1,303,148			10.7
Commercial real estate	1,436,508			11.5			1,434,610			11.8
Commercial & industrial	1,120,707			9.0			1,093,360			9.0
HELOC	136,995			1.1			144,850			1.2
Consumer	219,971			1.8			85,075			0.7
Total gross loans	12,456,216			100	%		12,201,387			100	%
Less:
Allowance for loan losses	127,155						123,073
Loans in process	1,175,642						1,149,934
Net deferred fees, costs and discounts	46,377						45,758
Total loan contra accounts	1,349,174						1,318,765
Net loans	$	11,107,042					$	10,882,622

Summary of Information Regarding Non-Accrual Loans

The following table sets forth information regarding non-accrual loans.

	December 31, 2017							September 30, 2017
	(In thousands)
Non-accrual loans:
Single-family residential	$	26,219			57.7	%		$	27,930			56.3	%
Construction	364				0.8			—				—
Construction - custom	—				—			91				0.2
Land - acquisition & development	1,326				2.9			296				0.6
Land - consumer lot loans	976				2.1			605				1.2
Multi-family	250				0.5			139				0.3
Commercial real estate	8,241				18.1			11,815				23.8
Commercial & industrial	7,596				16.7			8,082				16.3
HELOC	476				1.0			531				1.1
Consumer	72				0.2			91				0.2
Total non-accrual loans	$	45,520			100	%		$	49,580			100	%
% of total net loans	0.41		%					0.46		%

Analysis of Age of Loans in Past Due Status

The following tables provide details regarding delinquent loans.

December 31, 2017	Loans Receivable				Days Delinquent Based on $ Amount of Loans																				% based on $
Type of Loan	Net of Loans In Process				Current				30				60				90				Total Delinquent
	(In thousands)
Single-family residential	$	5,692,045			$	5,655,873			$	9,801			$	6,073			$	20,298			$	36,172			0.64	%
Construction	852,164				847,793				1,500				2,507				364				4,371				0.51
Construction - custom	292,255				292,255				—				—				—				—				—
Land - acquisition & development	112,260				111,018				—				—				1,242				1,242				1.11
Land - consumer lot loans	104,996				104,246				107				153				490				750				0.71
Multi-family	1,312,673				1,312,423				—				—				250				250				0.02
Commercial real estate	1,436,508				1,436,064				129				—				315				444				0.03
Commercial & industrial	1,120,707				1,117,240				2,894				—				573				3,467				0.31
HELOC	136,995				136,004				439				147				405				991				0.72
Consumer	219,971				219,404				352				154				61				567				0.26
Total Loans	$	11,280,574			$	11,232,320			$	15,222			$	9,034			$	23,998			$	48,254			0.43	%
Delinquency %					99.57%				0.13%				0.08%				0.21%				0.43%

September 30, 2017	Loans Receivable				Days Delinquent Based on $ Amount of Loans																				% based on $
Type of Loan	Net of Loans In Process				Current				30				60				90				Total Delinquent
	(In thousands)
Single-family residential	$	5,709,690			$	5,671,933			$	10,925			$	4,810			$	22,022			$	37,757			0.66	%
Construction	793,959				793,959				—				—				—				—				—
Construction - custom	277,599				277,508				—				—				91				91				0.03
Land - acquisition & development	104,856				104,526				—				—				330				330				0.31
Land - consumer lot loans	104,335				103,389				112				680				154				946				0.91
Multi-family	1,303,119				1,302,720				5				255				139				399				0.03
Commercial real estate	1,434,610				1,432,052				507				—				2,051				2,558				0.18
Commercial & industrial	1,093,360				1,092,735				—				51				574				625				0.06
HELOC	144,850				143,974				221				342				313				876				0.60
Consumer	85,075				84,644				245				107				79				431				0.51
Total Loans	$	11,051,453			$	11,007,440			$	12,015			$	6,245			$	25,753			$	44,013			0.40	%
Delinquency %					99.60%				0.11%				0.06%				0.23%				0.40%

Schedule of Impaired Loans, Loan Commitments and Loans Serviced

The following table provides information related to loans that were restructured in a troubled debt restructuring ("TDR") during the periods presented:

	Three Months Ended December 31,
	2017											2016
				Pre-Modification				Post-Modification							Pre-Modification				Post-Modification
				Outstanding				Outstanding							Outstanding				Outstanding
	Number of			Recorded				Recorded				Number of			Recorded				Recorded
	Contracts			Investment				Investment				Contracts			Investment				Investment
				(In thousands)											(In thousands)
Troubled Debt Restructurings:
Single-family residential	8			$	2,012			$	2,012			12			$	2,134			$	2,134
Land - consumer lot loans	—			—				—				1			204				204
Commercial & Industrial	3			7,256				7,256				—			—				—
HELOC	—			—				—				1			228				228
	11			$	9,268			$	9,268			14			$	2,566			$	2,566

Schedule of Loan Modifications

The following table provides information on payment defaults occurring during the periods presented where the loan had been modified in a TDR within 12 months of the payment default.

	Three Months Ended December 31,
	2017							2016
	Number of			Recorded				Number of			Recorded
	Contracts			Investment				Contracts			Investment
	(In thousands)							(In thousands)
TDRs That Subsequently Defaulted:
Single-family residential	1			$	44			6			$	1,993
Commercial real estate	—			—				2			267
	1			$	44			8			$	2,260

X

- Definition

Tabular disclosure of financing receivables that are past due but not impaired, financing receivables that are 90 days past due and still accruing, and financing receivables on nonaccrual status.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=84173941&loc=d3e5111-111524

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7A
-URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953401-111524

+ Details

Name:	us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_ReceivablesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name:	us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of nonaccrual and past due financing receivables (such as loans and trade receivables), including: (a) the recorded investment in loans and trade receivables, if applicable, on nonaccrual status as of each balance sheet date (b) the recorded investment in loans and trade receivables, if applicable, past due 90 days or more and still accruing.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=84173941&loc=d3e5111-111524

+ Details

Name:	us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables and troubled debt restructurings.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953676-111524

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=84173941&loc=SL6953682-111524

+ Details

Name:	us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule of Impaired Loans, Loan Commitments and Loans Serviced [Table Text Block]

+ References

No definition available.

+ Details

Name:	wfsl_ScheduleOfImpairedLoansLoanCommitmentsAndLoansServicedTableTextBlock
Namespace Prefix:	wfsl_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration