First Washington Corporation as of June 30, 2012

                {C}	{C}
	FORM 13F INFORMATION TABLE

Column 1	COLUMN 2 	COLUMN 3	COLUMN 4	COLUMN 5 		COLUMN 6 	COLUMN 7 	COLUMN 8
			VALUE  	SHRS OR	 SH/PRN	INVESTMENT 	 OTHER 	VOTING AUTHORITY
NAME OF ISSUER   	TITLE CLASS 	CUSIP    	(x$1000)  	PRN AMT	PUT/CALL	DISCRET.	 MANAGERS	SOLE	SHARED	NONE
--------	--------	--------	--------	-----	-----	-----	-----	-----	-----	-----
8X8 INC NEW	COM	282914100	1814	432020		SOLE				432020
ABBOTT LABS	COM	002824100	32	500		SOLE				500
ALASKA AIR GROUP	COM	011659109	2115	58900		SOLE				58900
ALTRIA GROUP	COM	02209S103	81	2350		SOLE				2350
AMAZON COM INC	COM	023135106	54	235		SOLE				235
AMERICAN ELEC PWR INC	COM	025537101	4	100		SOLE				100
AMERIGON INC	COM	03070L300	2391	208065		SOLE				208065
AMGEN	COM	031162100	54	745		SOLE				745
ANHEUSER BUSCH INBEV SA/N	SPONSORED ADR	03524A108	16	200		SOLE				200
APPLE	COM	037833100	26607	45560		SOLE				45560
APPLIED MATLS INC	COM	038222105	9	825		SOLE				825
AT^T INC	COM	00206R102	5	145		SOLE				145
AUTODESK INC	COM	052769106	1755	50150		SOLE				50150
AUTOMATIC DATAPROC	COM	053015103	269	4830		SOLE				4830
AVISTA CORP	COM	05379B107	2628	98440		SOLE				98440
BANK AMER CORP	COM	060505104	119	14500		SOLE				14500
BANNER CORP	COM NEW	06652V208	3456	157756		SOLE				157756
BE AEROSPACE INC	COM	073302101	4068	93176		SOLE				93176
BERKSHIRE HATHAWAY	CL A	084670108	9621	77		SOLE				77
BERKSHIRE HATHAWAY	CL B	084670702	5413	64962		SOLE				64962
BOEING CO	COM	097023105	323	4350		SOLE				4350
BP PLC	SPONSORED ADR	055622104	15	375		SOLE				375
BROADCOM CORP	CL A	111320107	4	120		SOLE				120
C^J ENERGY SVCS INC	COM	12467B304	2235	120790		SOLE				120790
CALLIDUS SOFTWARE INC	COM	13123E500	1955	392600		SOLE				392600
CAMERON INTERNATIONAL CORP	COM	13342B105	1040	24350		SOLE				24350
CAPITAL SR LIVING	COM	140475104	4217	397874		SOLE				397874
CATERPILLAR INC	COM	149123101	8	100		SOLE				100
CBRE GROUP INC	CL A	12504L109	4	275		SOLE				275
CELGENE CORP	COM	151020104	4	65		SOLE				65
CENTERPOINT ENERGY INC	COM	15189T107	3	160		SOLE				160
CENTURYLINK INC	COM	156700106	10	250		SOLE				250
CERNER CORP	COM	156782104	29	345		SOLE				345
CHART INDS INC	COM PAR $0.01	16115Q308	1030	14975		SOLE				14975
CHEVRON CORP NEW	COM	166764100	11	100		SOLE				100
CHINAEDU CORP	SPON ADR	16945L107	2356	395892		SOLE				395892
CISCO SYSTEMS	COM	17275R102	821	47790		SOLE				47790
CITIGROUP INC	COM NEW	172967424	8	275		SOLE				275
CITRIX SYS INC	COM	177376100	7	85		SOLE				85
CME GROUP INC	COM	12572Q105	197	735		SOLE				735
COACH INC	COM	189754104	3	55		SOLE				55
COCA COLA COMPANY	COM	191216100	508	6500		SOLE				6500
COLUMBIA BKG SYS INC	COM	197236102	11	600		SOLE				600
COMCAST CORP NEW	CL A	20030N101	5	168		SOLE				168
COSTCO WHSL CORP	COM	22160K105	378	3980		SOLE				3980
COVIDIEN PLC	SHS	G2554F113	10	185		SOLE				185
CURENCYSHARES	EURO SHS	23130C108	13	100		SOLE				100
DANAHER CORP DEL	COM	235851102	14	275		SOLE				275
DELAWARE INV MN MUN INC FD I	COM	24610V103	227	15400		SOLE				15400
DELTA AIR LINES INC DEL	COM NEW	247361702	1	125		SOLE				125
DEVON ENERGY CORP NEW	COM	25179M103	5	85		SOLE				85
DISNEY WALT CO	COM DISNEY	254687106	28	587		SOLE				587
DOLLAR GEN CORP NEW	COM	256677105	5	100		SOLE				100
DTE ENERGY CO	COM	233331107	2	40		SOLE				40
E M C CORP MASS	COM	268648102	9	350		SOLE				350
EATON VANCE CORP	COM NON VTG	278265103	1004	37270		SOLE				37270
EDISON INTL	COM	281020107	2	50		SOLE				50
EMAGIN CORP	COM NEW	29076N206	2480	802600		SOLE				802600
EMERITUS CORP	COM	291005106	4208	250025		SOLE				250025
EMERSON ELEC CO	COM	291011104	7	140		SOLE				140
EXXON MOBIL CORP	COM	30231G102	107	1247		SOLE				1247
F5 NETWORKS INC	COM	315616102	1391	13972		SOLE				13972
FACEBOOK INC	CL A	30303M102	31	1000		SOLE				1000
FIDELITY NATL INFORMATION SV	COM	31620M106	19	565		SOLE				565
FIFTH THIRD BANCORP	COM	316773100	134	10000		SOLE				10000
FLEXSTEEL INDS INC	COM	339382103	251	12680		SOLE				12680
FLOTEK INDS INC DEL	COM	343389102	1008	107890		SOLE				107890
FORD MTR CO DEL	COM PAR $0.01	345370860	2160	225240		SOLE				225240
FORTINET INC	COM	34959E109	2028	87325		SOLE				87325
FRANKLIN RESOURCES	COM	354613101	36	324		SOLE				324
GANNETT INC	COM	364730101	7	450		SOLE				450
GENERAL ELECTRIC CO	COM	369604103	6	275		SOLE				275
GENERAL MLS INC	COM	370334104	5	120		SOLE				120
GILEAD SCIENCES INC	COM	375558103	9	171		SOLE				171
GOLDMAN SACHS GROUP INC	COM	38141G104	181	1883		SOLE				1883
GOODRICH CORP	COM	382388106	4	30		SOLE				30
GOOGLE	CL A	38259P508	2464	4248		SOLE				4248
HARLEY DAVIDSON INC	COM	412822108	4	90		SOLE				90
HELMERICH & PAYNE INC	COM	423452101	0	0		SOLE				0
HERSHEY CO	COM	427866108	7	100		SOLE				100
HEWLETT PACKARD CO	COM	428236103	442	22000		SOLE				22000
HOME DEPOT INC	COM	437076102	3	60		SOLE				60
IDACORP INC 	COM	451107106	31	730		SOLE				730
ILLUMINA INC	COM	452327109	2	40		SOLE				40
INTEL CORP	COM	458140100	3882	145650		SOLE				145650
INTERNATIONAL BUSINESS MA	COM	459200101	194	990		SOLE				990
INTUIT	COM	461202103	9	145		SOLE				145
INTUITIVE SURGICAL	COM NEW	46120E602	696	1256		SOLE				1256
ISHARES INC	MSCI CDA INX	464286509	65	2500		SOLE				2500
ISHARES TR	FTSE CHINA25 IDX	464287184	136	4050		SOLE				4050
ISHARES TR	S^P 500 INDEX	464287200	205	1500		SOLE				1500
ISHARES TR	MSCIEMERGMKT	464287234	1387	35430		SOLE				35430
ISHARES TR	MSCI EAFE	464287465	1202	24060		SOLE				24060
ISHARES TR	RUSSELL MCP VL	464287473	328	7076		SOLE				7076
ISHARES TR	MSCI ACWI EX	464288240	96	2575		SOLE				2575
ISHARES TR	BARCLYS 1-3YR CR	464288646	503	4800		SOLE				4800
JOHNSON & JOHNSON	COM	478160104	165	2445		SOLE				2445
JPMORGAN CHASE & CO	COM	46625H100	10	275		SOLE				275
KIMBERLY CLARK CORP	COM	494368103	10	115		SOLE				115
KINDER MORGAN ENERGY PARTNER	UT LTD PARTNER	494550106	21	265		SOLE				265
KINDRED HEALTHCARE INC	COM	494580103	1274	129650		SOLE				129650
KROGER CO	COM	501044101	3	148		SOLE				148
LAM RESEARCH CORP	COM	512807108	3	85		SOLE				85
LAS VEGAS SANDS CORP	COM	517834107	2	50		SOLE				50
LAUDER ESTEE COS INC	CL A	518439104	2	42		SOLE				42
LENNAR CORP	CL A	526057104	3021	97720		SOLE				97720
LEVEL 3 COMMUNICATIONS INC	COM NEW	52729N308	2559	115541		SOLE				115541
LIMELIGHT NETWORKS INC	COM	53261M104	2706	923600		SOLE				923600
LORILLARD INC	COM	544147101	9	65		SOLE				65
LSI CORPORATION	COM	502161102	2639	414250		SOLE				414250
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	5	120		SOLE				120
M & T BK CORP	COM	55261F104	781	9460		SOLE				9460
MAGICJACK VOCALTEC LTD	SHS	M6787E101	19	1000		SOLE				1000
MARATHON OIL CORP	COM	565849106	6	225		SOLE				225
MARATHON PETE CORP	COM	56585A102	6	135		SOLE				135
MARVELL TECHNOLOGY GROUP LTD	ORD	G5876H105	4	375		SOLE				375
MASTERCARD INC	CL A	57636Q104	95	220		SOLE				220
MCDONALDS CORP	COM	580135101	1057	11941		SOLE				11941
MCGRAW HILL COS INC	COM	580645109	3	65		SOLE				65
MDU RES GROUP INC	COM	552690109	3635	168200		SOLE				168200
MCKESSON CORP	COM	58155Q103	10	105		SOLE				105
MEDTRONIC INC	COM	585055106	174	4499		SOLE				4499
MERCK & CO INC NEW	COM	58933Y105	35	837		SOLE				837
METLIFE INC	COM	59156R108	13	422		SOLE				422
MICRON TECHNOLOGY INC	COM	595112103	6	875		SOLE				875
MICROSOFT CORP	COM	594918104	5231	171017		SOLE				171017
MONSANTO CO NEW	COM	61166W101	2	25		SOLE				25
MOODYS CORP	COM	615369105	3	85		SOLE				85
MYR GROUP INC	COM	55405W104	1820	106710		SOLE				106710
NEWELL RUBBERMAID INC	COM	651229106	3	145		SOLE				145
NIKE INC	CL B	654106103	1845	21020		SOLE				21020
NOBLE ENERGY INC	COM	655044105	9	105		SOLE				105
NORDSTROM INC	COM	655664100	544	10945		SOLE				10945
NUVEEN INSD MUN OPPORTUNI	COM	670984103	502	33552		SOLE				33552
NUVEEN PERFORMANCE PLUS M	COM	67062P108	155	9600		SOLE				9600
NUVEEN PREMIER INSD MUN I	COM	670987106	187	11858		SOLE				11858
NUVEEN QUALITY PFDINC FD	COM	67072C105	48	5303		SOLE				5303
NV ENERGY INC	COM	67073Y106	4	250		SOLE				250
OCCIDENTAL PETE CORP DEL	COM	674599105	26	300		SOLE				300
OMEROS CORP	COM	682143102	484	48400		SOLE				48400
PACCAR INC	COM	693718108	2978	75999		SOLE				75999
PERRIGO CO	COM	714290103	7	60		SOLE				60
PFIZER INC	COM	717081103	62	2710		SOLE				2710
PHILIP MORRIS INTL INC	COM	718172109	27	315		SOLE				315
PONIARD PHARMACEUTICALS INC	COM PAR $0.02	732449400	0	65		SOLE				65
PRECISION CASTPARTS CORP	COM	740189105	8	50		SOLE				50
PRICELINE COM INC	COM NEW	741503403	133	200		SOLE				200
PROCTER & GAMBLE CO	COM	742718109	184	3000		SOLE				3000
PROSHARES TR	PSHS ULT S^P 500	74347R107	109	2000		SOLE				2000
PVH CORP	COM	693656100	4	50		SOLE				50
QUALCOMM INC	COM	747525103	645	11585		SOLE				11585
RAYONIER INC	COM	754907103	2390	53230		SOLE				53230
RED LION HOTELS CORP	COM	756764106	6930	801200		SOLE				801200
REYNOLDS AMERN INC	COM	761713106	79	1770		SOLE				1770
ROCK-TENN CO	CL A	772739207	1578	28935		SOLE				28935
ROCKWELL AUTOMATION INC	COM	773903109	3	40		SOLE				40
SEADRILL LIMITED	SHS	G7945E105	541	15229		SOLE				15229
SERVICESOURCE INTL LLC	COM	81763U100	1920	138645		SOLE				138645
SMITHFIELD FOODS INC	COM	832248108	1	55		SOLE				55
SOUTHWEST AIRLS CO	COM	844741108	1987	215480		SOLE				215480
SPDR TR	UNIT SER 1	78462F103	1695	12450		SOLE				12450
STARBUCKS CORP	COM	855244109	2783	52189		SOLE				52189
STATE STREET CORP	COM	857477103	169	3791		SOLE				3791
STATOIL ASA	SPONSORED ADR	85771P102	185	7750		SOLE				7750
STRYKER CORP	COM	863667101	6	115		SOLE				115
TESLA MTRS INC	COM	88160R101	63	2000		SOLE				2000
TIME WARNER CABLE INC	COM	88732J207	11	130		SOLE				130
TRANSOCEAN LTD	REG SHS	H8817H100	7	150		SOLE				150
TRAVELERS COMPANIES INC	COM	89417E109	4	60		SOLE				60
TRW AUTOMOTIVE HLDGS CORP	COM	87264S106	4	115		SOLE				115
TW TELECOM INC	COM	87311L104	2066	80530		SOLE				80530
TYSON FOODS INC	CL A	902494103	4	225		SOLE				225
U S AIRWAYS GROUP INC	COM	90341W108	27	2000		SOLE				2000
UNITED PARCEL SERVICE INC	CL B	911312106	4	50		SOLE				50
UNITEDHEALTH GROUP INC	COM	91324P102	12	200		SOLE				200
US BANCORP DEL	COM	902973304	1917	59603		SOLE				59603
V F CORP	COM	918204108	3	25		SOLE				25
VANGUARD SPECIALIZED PORTFOL	DIV APP ETF	921908844	16	290		SOLE				290
VERIZON COMMUNICATIONS INC	COM	92343V104	2322	52245		SOLE				52245
VIACOM INC NEW	CL B	92553P201	8	180		SOLE				180
VOLTERRA SEMICONDUCTOR CORP	COM	928708106	733	31250		SOLE				31250
WEIGHT WATCHERS INTL INC NEW	COM	948626106	16	310		SOLE				310
WELLPOINT INC	COM	94973V107	14	225		SOLE				225
WELLS FARGO & CO NEW	COM	949746101	150	4492		SOLE				4492
WILLIAMS PARTNERS L P	COM UNIT L P	96950F104	23	435		SOLE				435
WISDOMTREE TRUST	EMERG MKTS ETF	97717W315	174	3349		SOLE				3349
WISDOMTREE TRUST	DIV EX-FINL FD	97717W406	15	282		SOLE				282
XCEL ENERGY	COM	98389B100	51	1800		SOLE				1800
ZILLOW	CL A	98954A107	2190	56695		SOLE				56695