SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
AMENDMENT 1
For Quarter Ended September 30, 1997 Commission File Number 1-4629
GOLDEN WEST FINANCIAL CORPORATION
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Delaware 95-2080059
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(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
1901 Harrison Street, Oakland, California 94612
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (510) 446-3420
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Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.
Yes X No
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The number of shares outstanding of the registrant's common stock on
October 31, 1997, was 56,803,844 shares.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
GOLDEN WEST FINANCIAL CORPORATION
Dated: November 13, 1997 /s/ J. L. Helvey
---------------------------------------------
J. L. Helvey
Executive Vice President
(duly authorized and principal financial
officer)
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<PERIOD-TYPE> 3-MOS 6-MOS 9-MOS
<FISCAL-YEAR-END> DEC-31-1996 DEC-31-1996 DEC-31-1996
<PERIOD-END> MAR-31-1997 JUN-30-1997 SEP-30-1997
<CASH> 132,972 130,667 140,898
<INT-BEARING-DEPOSITS> 0 0 0
<FED-FUNDS-SOLD> 780,551 856,456 0
<TRADING-ASSETS> 0 0 0
<INVESTMENTS-HELD-FOR-SALE> 818,999 808,000 783,522
<INVESTMENTS-CARRYING> 3,969,251 3,846,002 3,724,677
<INVESTMENTS-MARKET> 3,943,076 3,846,110 3,749,985
<LOANS> 30,698,538 31,821,887 32,723,212
<ALLOWANCE> 209,077 216,651 222,020
<TOTAL-ASSETS> 38,530,009 39,095,082 39,228,359
<DEPOSITS> 22,943,924 24,036,660 24,234,947
<SHORT-TERM> 4,764,477 4,431,565 4,542,826
<LIABILITIES-OTHER> 741,839 734,564 778,399
<LONG-TERM> 7,665,877 7,401,403 7,096,967
0 0 0
0 0 0
<COMMON> 5,722 5,674 5,677
<OTHER-SE> 2,408,170 2,485,216 2,569,543
<TOTAL-LIABILITIES-AND-EQUITY> 38,530,009 39,095,082 39,228,359
<INTEREST-LOAN> 565,063 1,148,722 1,758,899
<INTEREST-INVEST> 34,283 68,494 105,908
<INTEREST-OTHER> 74,933 147,302 217,913
<INTEREST-TOTAL> 674,279 1,364,518 2,082,720
<INTEREST-DEPOSIT> 280,320 574,442 889,337
<INTEREST-EXPENSE> 455,587 929,246 1,425,303
<INTEREST-INCOME-NET> 218,692 435,272 657,417
<LOAN-LOSSES> 20,695 33,806 43,786
<SECURITIES-GAINS> 0 0 2,831
<EXPENSE-OTHER> 79,170 157,797 241,031
<INCOME-PRETAX> 138,059 282,711 432,062
<INCOME-PRE-EXTRAORDINARY> 138,059 282,711 432,062
<EXTRAORDINARY> 0 0 0
<CHANGES> 0 0 0
<NET-INCOME> 83,374 170,651 260,658
<EPS-PRIMARY> 1.45 2.99 4.57
<EPS-DILUTED> 1.43 2.94 4.50
<YIELD-ACTUAL> 7.37 7.35 7.42
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<ALLOWANCE-DOMESTIC> 209,077 216,651 222,020
<ALLOWANCE-FOREIGN> 0 0 0
<ALLOWANCE-UNALLOCATED> 0 0 0
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