Washington Federal (WAFD) 8-K Washington Federal Reports Quarterly Net Income of $9.6 Million

Exhibit 99.2

Washington Federal, Inc.

Fact Sheet

September 30, 2009

($ in Thousands)

	3/09 QTR				6/09 QTR				9/09 QTR
Loan Loss Reserve-Total	$	143,124			$	161,695			$	166,836
- General		55,460				51,979				59,461
- Specific		87,664				109,716				107,375
Net Charge-offs (Recoveries) for the Qtr		15,711				33,630				46,659
Non-performing Assets - Total		492,131				605,882				557,120
- REO		84,699				86,651				120,105
- REHI		—				26,937				56,758
- Non-accrual		407,432				492,294				380,257
Troubled Debt Restructuring		23,670				68,385				136,894
Regulatory Capital Ratios (excludes holding co.)
- Tangible		1,342,621	11.22	%		1,076,697	9.21	%		1,414,885	11.56	%
- Core		1,342,621	11.22			1,076,697	9.21			1,414,885	11.56
- Risk Based		1,392,693	19.98			1,123,311	16.49			1,469,857	21.57

	3/09 QTR			3/09 YTD			6/09 QTR			6/09 YTD			9/09 QTR			9/09 YTD
Loan Originations - Total	$	368,971		$	872,901		$	430,886		$	1,303,787		$	536,673		$	1,840,460
Single-Family Residential		177,532			396,051			201,599			597,650			257,562			855,212
Construction - Speculative		17,831			46,404			18,375			64,779			37,851			102,630
Construction - Custom		38,283			103,035			61,832			164,867			98,085			262,952
Land - Acquisition & Development		13,476			26,169			11,682			37,851			7,574			45,425
Land - Consumer Lot Loans		3,423			7,213			3,556			10,769			3,912			14,681
Multi-Family		21,733			49,020			23,737			72,757			24,864			97,621
Commercial Real Estate		19,406			70,013			24,925			94,938			22,509			117,447
Commercial & Industrial		53,809			114,038			61,975			176,013			67,227			243,240
HELOC		22,270			46,985			22,443			69,428			16,327			85,755
Consumer		1,208			13,973			762			14,735			762			15,497
	3/09 QTR			3/09 YTD			6/09 QTR			6/09 YTD			9/09 QTR			9/09 YTD
Loan Servicing Fee Income	$	2,285		$	3,976		$	2,409		$	6,385		$	2,442		$	8,827
Other Fee Income		748			1,533			746			2,279			916			3,195
Total Fee Income	$	3,033		$	5,509		$	3,155		$	8,664		$	3,358		$	12,022
	3/09 QTR			3/09 YTD			6/09 QTR			6/09 YTD			9/09 QTR			9/09 YTD
Average Loans	$	9,619,708		$	9,600,123		$	9,374,356		$	9,524,867		$	9,120,537		$	9,422,954
Average Earning Assets		11,886,517			11,753,336			11,830,798			11,779,157			11,682,998			11,754,919
Average Assets		12,402,617			12,249,829			12,223,318			12,238,240			12,241,344			12,254,243
Average Paying Liabilities		10,672,378			10,643,771			10,770,347			10,685,963			10,817,127			10,719,024
Operating Expenses/Average Assets		0.81	%		0.81	%		1.01	%		0.88	%		0.87	%		0.87	%
Efficiency Ratio		25.61			25.85			31.06			27.63			26.35			27.30
Amortization of Intangibles	$	860		$	1,410		$	801		$	2,211		$	782		$	2,992
Net Interest Margin		3.15	%		3.12	%		3.19	%		3.14	%		3.27	%		3.17	%
	3/09 QTR			3/09 YTD			6/09 QTR			6/09 YTD			9/09 QTR			9/09 YTD
Repayments
Loans	$	535,061		$	904,689		$	660,454		$	1,565,143		$	556,692		$	2,121,835
MBS		109,656			145,751			199,928			345,679			186,504			532,183
	3/09 QTR						6/09 QTR						9/09 QTR
EOP Numbers
Shares Issued and Outstanding		88,047,438						88,048,226						112,247,748
	3/09 QTR			3/09 YTD			6/09 QTR			6/09 YTD			9/09 QTR			9/09 YTD
Share repurchase information
Remaining shares auth. for repurchase		2,888,314			2,888,314			2,888,314			2,888,314			2,888,314			2,888,314
Shares repurchased		—			—			—			—			—			—
Average share repurchase price	$	—		$	—		$	—		$	—		$	—		$	—

Washington Federal, Inc.

Fact Sheet

September 30, 2009

($ in Thousands)

	3/09 QTR					6/09 QTR					9/09 QTR
Tangible Common Book Value
$ Amount	$	1,184,293				$	1,136,502				$	1,488,688
Per Share		13.45					12.91					13.26
# of Employees		1,113					1,095					1,105
Tax Rate - Going Forward		35.50	%				35.50	%				35.50	%
	3/09 QTR					6/09 QTR					9/09 QTR
Investments
Available-for-sale:
Agency MBS	$	1,924,065				$	1,911,728				$	2,187,258
Other		40,135					16,145					13,825
	$	1,964,200				$	1,927,873				$	2,201,083
Held-to-maturity:
Agency MBS	$	109,876				$	102,250				$	95,607
Other		7,440					7,440					7,435
	$	117,316				$	109,690				$	103,042
	AS OF 3/31/09					AS OF 6/30/09					AS OF 9/30/09
	AMOUNT			%		AMOUNT			%		AMOUNT			%
Gross Loan Portfolio by Category
Single-Family Residential	$	6,937,789		70.8	%	$	6,763,040		71.2	%	$	6,785,723		72.3	%
Construction - Speculative		358,042		3.7			311,995		3.3			267,430		2.8
Construction - Custom		260,104		2.7			240,885		2.5			258,839		2.8
Land - Acquisition & Development		678,278		6.9			613,499		6.5			519,130		5.5
Land - Consumer Lot Loans		201,407		2.1			198,127		2.1			195,812		2.1
Multi-Family		686,906		7.0			695,795		7.3			705,212		7.5
Commercial Real Estate		307,502		3.1			306,994		3.2			294,109		3.1
Commercial & Industrial		128,212		1.3			123,978		1.3			119,019		1.3
HELOC		107,657		1.1			118,001		1.2			122,184		1.3
Consumer		139,366		1.4			128,764		1.4			120,081		1.3
		9,805,263		100	%		9,501,078		100	%		9,387,539		100	%
Less:
ALL		143,124					161,695					166,836
Loans in Process		195,407					193,119					200,919
Deferred Net Origination Fees		35,133					34,924					36,354
		373,664					389,738					404,109
	$	9,431,599				$	9,111,340				$	8,983,430
	AS OF 3/31/09					AS OF 6/30/09					AS OF 9/30/09
	AMOUNT			%		AMOUNT			%		AMOUNT			%
Net Loan Portfolio by Category
Single-Family Residential	$	6,892,965		73.1	%	$	6,719,345		73.7	%	$	6,739,571		74.9	%
Construction - Speculative		275,614		2.9			242,789		2.7			201,430		2.2
Construction - Custom		172,469		1.8			150,883		1.7			139,284		1.6
Land - Acquisition & Development		557,260		5.9			466,175		5.1			391,920		4.4
Land - Consumer Lot Loans		197,662		2.1			194,430		2.1			193,749		2.2
Multi-Family		679,774		7.2			689,089		7.6			700,151		7.8
Commercial Real Estate		299,042		3.2			302,228		3.3			274,719		3.1
Commercial & Industrial		124,167		1.3			113,325		1.2			111,231		1.2
HELOC		105,246		1.1			115,296		1.3			121,334		1.4
Consumer		127,400		1.4			117,780		1.3			110,042		1.2
	$	9,431,599		100	%	$	9,111,340		100	%	$	8,983,430		100	%

Washington Federal, Inc.

Fact Sheet

September 30, 2009

($ in Thousands)

	AS OF 3/31/09						AS OF 6/30/09						AS OF 9/30/09
	AMOUNT			%		#	AMOUNT			%		#	AMOUNT			%		#
Deposits by State
WA	$	3,532,389		46.6	%	54	$	3,560,161		46.4	%	54	$	3,612,300		46.0	%	54
ID		601,086		8.0		16		608,187		7.9		16		603,979		7.7		16
OR		1,295,876		17.1		28		1,318,551		17.2		28		1,346,837		17.2		28
UT		310,041		4.1		10		313,530		4.1		10		320,242		4.1		10
NV		166,238		2.2		4		167,293		2.2		4		162,767		2.1		4
TX		110,092		1.5		6		111,752		1.5		6		121,851		1.6		6
AZ		1,092,638		14.5		21		1,143,665		14.9		21		1,216,095		15.5		21
NM		450,996		6.0		11		447,841		5.8		11		458,239		5.8		11
Total	$	7,559,356		100	%	150	$	7,670,980		100	%	150	$	7,842,310		100	%	150
	3/09 QTR						6/09 QTR						9/09 QTR
	AMOUNT			%			AMOUNT			%			AMOUNT			%
Deposits by Type
Checking (noninterest)	$	110,399		1.5	%		$	116,836		1.5	%		$	119,654		1.5	%
NOW (interest)		400,404		5.3				401,599		5.2				406,667		5.2
Savings (passbook/stmt)		191,869		2.5				196,500		2.6				197,025		2.5
Money Market		1,210,133		16.0				1,205,051		15.7				1,214,812		15.5
CD’s		5,646,551		74.7				5,750,994		75.0				5,904,152		75.3
Total	$	7,559,356		100	%		$	7,670,980		100	%		$	7,842,310		100	%
Deposits greater than $100,000 - EOP	$	2,636,031					$	2,714,546					$	2,835,393
Brokered Deposits	$	—					$	—					$	—
	3/09 QTR						6/09 QTR						9/09 QTR
Non-Performing Assets
Restructured loans	$	23,670					$	68,385					$	136,894
Non-accrual loans:
Single-Family Residential		87,927						118,851						116,268
Construction -Speculative		61,658						71,701						50,348
Construction - Custom		1,704						1,336						—
Land - Acquisition & Development		253,953						265,901						187,061
Land - Consumer Lot Loans		—						—						—
Multi-Family		222						3,504						4,368
Commercial Real Estate		67						5,271						2,733
Commercial & Industrial		929						24,731						18,823
HELOC		195						75						—
Consumer		777						924						656
Total non-accrual loans		407,432						492,294						380,257
Total REO		84,699						86,651						120,105
Total REHI		—						26,937						56,758
Total non-performing assets	$	492,131					$	605,882					$	557,120
Total non-performing assets and restructured loans	$	515,801					$	674,267					$	694,014
Total non-performing assets and restructured loans as a % of total assets		4.21	%					5.60	%					5.52	%
	3/09 QTR						6/09 QTR						9/09 QTR
Net Charge-offs by Category
Single-Family Residential	$	2,145					$	3,891					$	8,784
Construction - Speculative		2,537						4,218						11,337
Construction - Custom		180						—						109
Land - Acquisition & Development		6,021						17,757						23,218
Land - Consumer Lot Loans		420						454						229
Multi-Family		670						278						80
Commercial Real Estate		—						—						—
Commercial & Industrial		1,861						5,488						1,149
HELOC		—						35						115
Consumer		1,877						1,509						1,638
Total charge-offs	$	15,711					$	33,630					$	46,659

Washington Federal, Inc.

Fact Sheet

September 30, 2009

($ in Thousands)

TYPE OF LOANS	#LOANS	AVG Size	AMOUNT OF GROSS LOANS		30	60	90	Total	% based on #		Previous Year	$ Delinquent	% based on $
SEPTEMBER 30, 2009
Single-Family Residential	36,429	186,273		6,785,722,368	283	135	380	798	2.19	%	395	197,226,001	2.91	%
Construction - Speculative	861	310,604		267,430,203	16	18	112	146	16.96	%	186	53,642,250	20.06	%
Construction - Custom	698	370,829		258,838,857	3	—	5	8	1.15	%	9	1,503,175	0.58	%
Land - Acquisition & Development	644	806,102		519,129,743	20	16	111	147	22.83	%	74	163,424,692	31.48	%
Land - Consumer Lot Loans	1,921	101,932		195,811,509	17	10	28	55	2.86	%	35	7,851,088	4.01	%
Multi-Family	1,266	557,040		705,212,418	5	1	5	11	0.87	%	7	5,845,703	0.83	%
Commercial Real Estate	536	548,712		294,109,456	7	—	5	12	2.24	%	6	4,651,809	1.58	%
Commercial & Industrial	762	156,193		119,019,141	3	2	6	11	1.44	%	9	17,512,348	14.71	%
HELOC	2,188	55,843		122,184,337	5	1	2	8	0.37	%	3	665,337	0.54	%
Consumer	19,306	6,220		120,081,078	320	177	134	631	3.27	%	553	3,995,239	3.33	%
	64,611		$	9,387,539,110	679	360	788	1,827	2.83	%	1,277	456,317,641	4.86	%
JUNE 30, 2009
Single-Family Residential	36,666	184,450		6,763,039,253	239	95	402	736	2.01	%	275	185,448,111	2.74	%
Construction - Speculative	963	323,982		311,994,794	8	18	136	162	16.82	%	147	63,219,254	20.26	%
Construction - Custom	646	372,887		240,884,905	—	2	8	10	1.55	%	5	5,528,893	2.30	%
Land - Acquisition & Development	716	856,843		613,499,512	20	12	138	170	23.74	%	48	238,477,236	38.87	%
Land - Consumer Lot Loans	1,936	102,338		198,126,598	18	3	29	50	2.58	%	28	7,599,639	3.84	%
Multi-Family	1,252	555,747		695,795,211	4	3	4	11	0.88	%	2	7,233,114	1.04	%
Commercial Real Estate	408	752,437		306,994,378	4	—	6	10	2.45	%	8	9,823,835	3.20	%
Commercial & Industrial	809	153,249		123,978,389	7	5	7	19	2.35	%	11	19,207,430	15.49	%
HELOC	2,112	55,871		118,000,594	4	2	4	10	0.47	%	4	713,004	0.60	%
Consumer	20,479	6,288		128,763,927	296	154	151	601	2.93	%	403	3,645,170	2.83	%
	65,987		$	9,501,077,561	600	294	885	1,779	2.70	%	931	540,895,685	5.69	%
MARCH 31, 2009
Single-Family Residential	37,568	184,680		6,938,058,091	215	141	277	633	1.68	%	229	159,458,528	2.30	%
Construction - Speculative	1,075	333,063		358,042,452	52	17	137	206	19.16	%	130	71,321,282	19.92	%
Construction - Custom	702	370,518		260,103,597	1	1	8	10	1.42	%	5	3,935,067	1.51	%
Land - Acquisition & Development	819	827,849		678,008,068	26	30	119	175	21.37	%	58	152,195,632	22.45	%
Land - Consumer Lot Loans	1,944	103,605		201,407,480	18	10	28	56	2.88	%	14	8,302,580	4.12	%
Multi-Family	1,248	550,405		686,905,574	2	3	1	6	0.48	%	1	2,483,559	0.36	%
Commercial Real Estate	571	538,533		307,502,498	6	—	3	9	1.58	%	2	6,156,507	2.00	%
Commercial & Industrial	851	150,661		128,212,139	9	3	7	19	2.23	%	7	19,817,412	15.46	%
HELOC	2,001	53,802		107,657,090	6	1	3	10	0.50	%	3	609,719	0.57	%
Consumer	21,828	6,385		139,365,844	323	150	147	620	2.84	%	380	3,650,877	2.62	%
	68,607		$	9,805,262,833	658	356	730	1,744	2.54	%	829	427,931,163	4.36	%