First Financial Northwest, Inc. (FFNW) financial statements (2022 and earlier)

Company profile

Business Address 201 WELLS AVENUE SOUTH
RENTON, WA 98057
State of Incorp.
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments738023171631106
Cash and cash equivalents738023171631106
Receivables1,1201,1171,1221,1241,095900751
Total current assets:1,1931,1981,1451,1411,111932857
Noncurrent Assets
Operating lease, right-of-use asset442
Property, plant and equipment22232221211818
Intangible assets, net (including goodwill)22222  
Goodwill11111  
Intangible assets, net (excluding goodwill)11111  
Deferred income tax assets12 
Total noncurrent assets:29302723231818
Other undisclosed assets205160170887688105
TOTAL ASSETS:1,4261,3881,3421,2521,2101,038980
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 42    
Total current liabilities: 42    
Noncurrent Liabilities
Other undisclosed liabilities1,2681,2281,1831,0991,068899809
Total liabilities:1,2681,2311,1861,0991,068899809
Stockholders' equity
Stockholders' equity attributable to parent158156156154143138171
Common stock0000000
Additional paid in capital728287949497136
Accumulated other comprehensive income (loss)0(2)(1)(2)(1)(1)(1)
Retained earnings86787366554943
Unearned esop shares(1)(2)(3)(4)(5)(6)(8)
Total stockholders' equity:158156156154143138171
TOTAL LIABILITIES AND EQUITY:1,4261,3881,3421,2521,2101,038980

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues54576057484337
Net investment income54566056484237
Cost of revenue(0)(2)   (1) 
Provision for loan, lease, and other losses(0)(2)  
Financial services costs (1) 
Gross profit:54556057484137
Operating expenses(14)(13)(12)(10)(26)(22)(20)
Operating income:40424946221917
Nonoperating income (expense)(0)00(0)000
Investment income, nonoperating(1)(1)(1)(1)(1)(1)(1)
Gains (losses) on sales of other real estate(0)   0(0)1
Bank owned life insurance income1111111
Interest and debt expense(9)(16)(21)(15)(10)(8)(7)
Income from continuing operations before income taxes:31262831121211
Income tax expense(3)(2)(3)(4)(5)(4)(5)
Net income:28242628786
Other undisclosed net income (loss) attributable to parent(16)(16)(15)(13)213
Net income attributable to parent:1291015899
Undistributed earnings (loss) allocated to participating securities, basic0000 
Net income available to common stockholders, basic:1291015899
Other undisclosed net loss available to common stockholders, diluted(0)(0)(0)(0)(0)(0)(0)
Net income available to common stockholders, diluted:1291015899

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:28242628786
Other comprehensive income (loss)2(1)1(1)0(0)(1)
Comprehensive income:30242726785
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(16)(16)(15)(13)213
Comprehensive income, net of tax, attributable to parent:1481114998

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: