| Business Summary | | Washington
Federal,
Inc.
is
a
non-diversified
unitary
savings
and
loan
holding
company
within
the
meaning
of
the
Home
Owners'
Loan
Act
(HOLA)
that
conducts
its
operations
through
a
federally
insured
savings
and
loan
association
subsidiary,
Washington
Federal
Savings
and
Loan
Association.
The
business
of
Washington
Federal
consists
primarily
of
attracting
savings
deposits
from
the
general
public
and
investing
these
funds
in
loans
secured
by
first
mortgage
liens
on
single-family
dwellings,
including
loans
for
the
construction
of
such
dwellings,
and
to
a
significantly
lesser
extent,
on
commercial
property
and
multi-family
dwellings.
Washington
Federal
has
108
offices
located
in
Washington,
Oregon,
Idaho,
Arizona,
Utah
and
Nevada,
all
of
which
are
full
service
branches. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Washington
Federal
Inc.
is
a
holding
company
for
Washington
Federal
Savings,
a
Savings
and
Loan
Association.
For
the
nine
months
ended
6/30/01,
total
interest
income
rose
10%
to
$402.1
million.
Net
interest
income
after
loan
loss
prov.
increased
1%
to
$153.3
million.
Net
income
increased
1%
to
$81.7
million.
Net
interest
income
reflects
greater
interest-earning
assets,
partially
offset
by
higher
interest
on
deposits.
Net
income
reflects
a
higher
gain
on
investment
securities. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Guy Pinkerton, 66 Chairman | $406K | $72K | Roy Whitehead, 48 Pres,
CEO, Director | 306K | -- | Ronald Saper, 50 Exec.
VP, CFO | 227K | -- | Charles Richmond, 61 Exec.
VP, Sec., Director | 320K | -- | William Cassels, 59 Exec.
VP | 209K | -- | Dollar amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|