WaFd Bank: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 6.14% (2Q26), against the 2.50% a bank must hold above each risk-based minimum to pay dividends and discretionary bonuses without limits. The buffer is the smallest of the three cushions over the minimums; here the binding ratio is Total capital. The bank clears the requirement. Filed figure: 6.14% (RCOAH311).
What each ratio is made of, 2Q26
Open a ratio to see its numerator and denominator as filed, our recomputation, and how far it sits above each regulatory line.
Common equity Tier 1 ratio 12.95% +6.45 pp over well capitalized
Common equity Tier 1 is the loss-absorbing core: common stock, retained earnings and most of accumulated other comprehensive income, less goodwill, intangibles and other deductions. It is measured against risk-weighted assets.
| Common equity Tier 1 capital | $2.50B | 2,500,113 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $19.30B | 19,304,751 | RCOAA223 |
| Recomputed ratio | 12.95% | numerator / denominator | |
| Filed ratio | 12.95% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +6.45 pp | $1.25B | capital that could be lost first |
Tier 1 risk-based capital ratio 12.95% +4.95 pp over well capitalized
Tier 1 adds additional Tier 1 instruments, such as qualifying noncumulative perpetual preferred stock, to common equity Tier 1. Measured against risk-weighted assets.
| Tier 1 capital | $2.50B | 2,500,113 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $19.30B | 19,304,751 | RCOAA223 |
| Recomputed ratio | 12.95% | numerator / denominator | |
| Filed ratio | 12.95% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +4.95 pp | $955.7M | capital that could be lost first |
Total risk-based capital ratio 14.14% +4.14 pp over well capitalized
Total capital adds Tier 2, mostly qualifying subordinated debt and the allowance for credit losses up to 1.25% of risk-weighted assets, to Tier 1. Measured against risk-weighted assets.
| Total capital | $2.73B | 2,729,620 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $19.30B | 19,304,751 | RCOAA223 |
| Recomputed ratio | 14.14% | numerator / denominator | |
| Filed ratio | 14.14% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +4.14 pp | $799.1M | capital that could be lost first |
Tier 1 leverage ratio 9.21% +4.21 pp over well capitalized
Tier 1 capital over average total assets for the quarter, with no risk weighting. It caps how far a bank can grow on low-risk-weight assets.
| Tier 1 capital | $2.50B | 2,500,113 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $27.13B | 27,134,567 | RCOAA224 |
| Recomputed ratio | 9.21% | numerator / denominator | |
| Filed ratio | 9.21% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +4.21 pp | $1.14B | capital that could be lost first |
Amounts in the middle column are thousands of dollars as filed. Ratios are the standardized column of Schedule RC-R Part I.
The capital stack, $ thousands
From common equity to total capital, then the denominators the ratios divide by. Negatives in parentheses.
| Line | 2Q26 | 1Q26 | 4Q25 | 3Q25 | 2Q25 | 1Q25 | Source |
|---|---|---|---|---|---|---|---|
| Common stock plus related surplus, net of treasury stock | 799,668 | 799,668 | 799,668 | 799,668 | 799,668 | 799,668 | RCOAP742 |
| Retained earnings | 2,179,830 | 2,141,845 | 2,193,917 | 2,186,326 | 2,185,639 | 2,172,392 | RCOAKW00 |
| Accumulated other comprehensive income | 48,087 | 55,085 | 61,904 | 56,950 | 41,531 | 51,404 | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 3,027,585 | 2,996,598 | 3,055,489 | 3,042,944 | 3,026,838 | 3,023,464 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | (527,472) | (535,323) | (538,644) | (536,674) | (524,623) | (542,739) | P859 - P840 |
| Common equity Tier 1 capital | 2,500,113 | 2,461,275 | 2,516,845 | 2,506,270 | 2,502,215 | 2,480,725 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 2,500,113 | 2,461,275 | 2,516,845 | 2,506,270 | 2,502,215 | 2,480,725 | RCOA8274 |
| Tier 2 capital | 229,507 | 219,535 | 215,816 | 215,620 | 213,171 | 216,359 | RCOA5311 |
| Allowance includable in Tier 2 capital | 229,507 | 219,535 | 215,816 | 215,620 | 213,171 | 216,359 | RCOA5310 |
| Total capital | 2,729,620 | 2,680,810 | 2,732,661 | 2,721,890 | 2,715,386 | 2,697,084 | RCOA3792 |
| Total risk-weighted assets | 19,304,751 | 18,889,479 | 18,721,045 | 18,705,876 | 18,628,189 | 19,009,223 | RCOAA223 |
| Average total assets for the leverage ratio | 27,134,567 | 26,850,878 | 26,362,687 | 26,080,794 | 26,358,237 | 26,930,841 | RCOAA224 |
Risk-weighted assets by exposure category, 2Q26
Each category's exposure is filed across the risk-weight columns of Schedule RC-R Part II; its risk-weighted assets are each allocation times its weight. The average risk weight says how much capital a dollar of that exposure consumes.
| Category | Exposure | Risk-weighted | Avg weight | Share of RWA | Source |
|---|---|---|---|---|---|
| Cash and balances due | $674.8M | $15.9M | 2.36% | 0.08% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $4.66B | $795.8M | 17.07% | 4.12% | RC-R Part II, item 2.a, 2.b |
| Loans: residential mortgage | $12.27B | $7.86B | 64.06% | 40.72% | RC-R Part II, item 4.a, 5.a |
| Loans: high-volatility commercial real estate | $2.2M | $3.3M | 150.00% | 0.02% | RC-R Part II, item 4.b, 5.b |
| Loans: past due and nonaccrual | $127.6M | $127.6M | 100.00% | 0.66% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $7.84B | $7.60B | 97.04% | 39.39% | RC-R Part II, item 4.d, 5.d |
| All other assets | $1.25B | $1.10B | 87.65% | 5.69% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $1.65B | $1.63B | 98.60% | 8.42% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Derivatives (over the counter and centrally cleared) | $39.6M | $38.2M | 96.51% | 0.20% | RC-R Part II, item 20, 21 |
| Market risk and other approaches | NA | $135.6M | NA | 0.70% | RC-R Part II, item 27 |
How the categories add up to total risk-weighted assets
| Categories above, excluding market risk and other approaches | $19.17B | ties to item 31 ($19.17B) |
|---|---|---|
| Risk-weighted assets before deductions | $19.30B | RCONB704 |
| Less: excess allowance for credit losses | $0 | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $19.30B | RCONG641, ties |
12 quarters against the asset-tier median
| Quarter | Framework | CET1 | Tier 1 | Total capital | Leverage | Tier median CET1 | Tier median Tier 1 | Tier median Total capital | Tier median Leverage |
|---|---|---|---|---|---|---|---|---|---|
| 2Q26 | Risk-based | 12.95% | 12.95% | 14.14% | 9.21% | 12.98% | 12.99% | 14.14% | 10.25% |
| 1Q26 | Risk-based | 13.03% | 13.03% | 14.19% | 9.17% | 13.06% | 13.07% | 14.31% | 10.26% |
| 4Q25 | Risk-based | 13.44% | 13.44% | 14.60% | 9.55% | 13.15% | 13.20% | 14.60% | 10.03% |
| 3Q25 | Risk-based | 13.40% | 13.40% | 14.55% | 9.61% | 13.29% | 13.29% | 14.49% | 10.31% |
| 2Q25 | Risk-based | 13.43% | 13.43% | 14.58% | 9.49% | 13.11% | 13.11% | 14.41% | 10.16% |
| 1Q25 | Risk-based | 13.05% | 13.05% | 14.19% | 9.21% | 13.16% | 13.16% | 14.34% | 10.10% |
| 4Q24 | Risk-based | 12.95% | 12.95% | 14.10% | 9.12% | 13.15% | 13.15% | 14.49% | 10.29% |
| 3Q24 | Risk-based | 12.94% | 12.94% | 14.08% | 8.94% | 13.25% | 13.25% | 14.44% | 10.08% |
| 2Q24 | Risk-based | 12.79% | 12.79% | 13.92% | 8.37% | 13.08% | 13.08% | 14.24% | 10.10% |
| 1Q24 | Risk-based | 11.76% | 11.76% | 12.85% | 9.91% | 12.76% | 12.76% | 13.98% | 9.86% |
| 4Q23 | Risk-based | 12.10% | 12.10% | 13.31% | 9.12% | 12.58% | 12.58% | 13.79% | 9.79% |
| 3Q23 | Risk-based | 11.63% | 11.63% | 12.81% | 9.01% | 12.66% | 12.67% | 13.78% | 9.78% |
NA means not filed for that quarter: a community bank leverage ratio filer files no risk-based ratios. Tier medians are the served benchmark for banks in the same asset tier.
Against similar banks, 2Q26
| Bank | Assets | Framework | CET1 | Tier 1 | Total capital | Leverage |
|---|---|---|---|---|---|---|
| WaFd Bank (this bank) | Risk-based | 12.95% | 12.95% | 14.14% | 9.21% | |
| WesBanco Bank, Inc. | $27.75B | Risk-based | 12.24% | 12.24% | 13.28% | 10.25% |
| Arvest Bank | $28.05B | Risk-based | 11.45% | 11.45% | 12.48% | 9.11% |
| Renasant Bank | $26.99B | Risk-based | 12.41% | 12.41% | 13.67% | 10.72% |
| Ameris Bank | $28.42B | Risk-based | 13.01% | 13.01% | 14.27% | 11.41% |
| Sallie Mae Bank | $28.54B | Risk-based | 11.78% | 11.78% | 13.09% | 10.17% |
| Charles Schwab Premier Bank, SSB | $26.58B | Risk-based | 49.32% | 49.32% | 49.32% | 10.90% |
| Customers Bank | $26.50B | Risk-based | 13.55% | 13.55% | 14.53% | 9.34% |
| Axos Bank | $28.87B | Risk-based | 10.93% | 10.93% | 12.10% | 9.24% |
| United Community Bank | $28.99B | Risk-based | 12.09% | 12.09% | 12.93% | 9.52% |
| City National Bank of Florida | $29.11B | Risk-based | 14.65% | 14.65% | 15.75% | 11.38% |
| Peer 25th percentile | 11.86% | 11.86% | 12.97% | 9.39% | ||
| Peer median | 12.33% | 12.33% | 13.47% | 10.21% | ||
| Peer 75th percentile | 13.42% | 13.42% | 14.46% | 10.86% | ||
| This bank's percentile | 60 | 60 | 60 | 10 |
Peer ratios use the same basis as this bank: the standardized column of Schedule RC-R where served, the filed summary otherwise. Similar banks are the nearest banks by size in the same asset tier.
Source: FFIEC Call Report Schedule RC-R, Parts I and II, as filed. Well capitalized means at least 6.5% CET1, 8% Tier 1, 10% total capital and 5% leverage under the prompt corrective action rules; a community bank leverage ratio filer must instead hold the leverage ratio its framework requires. The same figures are in the API at /api/v1/banks/656377/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.