First Financial Northwest, Inc. (FFNW) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8023171631106104
Cash and cash equivalents8023171631106104
Receivables1,1171,1221,1241,095900751704
Total current assets:1,1981,1451,1411,111932857808
Noncurrent Assets
Operating lease, right-of-use asset42
Property, plant and equipment23222121181817
Intangible assets, net (including goodwill)2222   
Goodwill1111   
Intangible assets, net (excluding goodwill)1111   
Deferred income tax assets2 
Total noncurrent assets:30272323181817
Other undisclosed assets160170887688105112
TOTAL ASSETS:1,3881,3421,2521,2101,038980937
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt42     
Total current liabilities:42     
Noncurrent Liabilities
Other undisclosed liabilities1,2281,1831,0991,068899809756
Total liabilities:1,2311,1861,0991,068899809756
Stockholders' equity
Stockholders' equity attributable to parent156156154143138171181
Common stock0000000
Additional paid in capital8287949497136153
Accumulated other comprehensive loss(2)(1)(2)(1)(1)(1)(0)
Retained earnings78736655494337
Unearned esop shares(2)(3)(4)(5)(6)(8)(9)
Total stockholders' equity:156156154143138171181
TOTAL LIABILITIES AND EQUITY:1,3881,3421,2521,2101,038980937

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues57605748433739
Net investment income566056484237 
Financial services revenue01 39
Cost of revenue(2)   (1)  
Provision for loan, lease, and other losses(2)  
Financial services costs (1)  
Gross profit:55605748413739
Operating expenses(13)(12)(10)(26)(22)(20)(15)
Operating income:42494622191724
Nonoperating income (expense)00(0)000(1)
Investment income, nonoperating(1)(1)(1)(1)(1)(1)(1)
Gains (losses) on sales of other real estate   0(0)1(0)
Bank owned life insurance income111111 
Interest and debt expense(16)(21)(15)(10)(8)(7)(6)
Income from continuing operations before income taxes:26283112121116
Income tax expense(2)(3)(4)(5)(4)(5)(6)
Net income:24262878610
Other undisclosed net income (loss) attributable to parent(16)(15)(13)2130
Net income attributable to parent:9101589911
Undistributed earnings (loss) allocated to participating securities, basic000 
Net income available to common stockholders, basic:9101589911
Other undisclosed net loss available to common stockholders, diluted(0)(0)(0)(0)(0)(0)(0)
Net income available to common stockholders, diluted:9101589911

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:24262878610
Other comprehensive income (loss)(1)1(1)0(0)(1)2
Comprehensive income:24272678512
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(16)(15)(13)2130
Comprehensive income, net of tax, attributable to parent:8111499812

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.

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