| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 45,295 | 26,126 |
| Depreciation, amortization and accretion | 678 | 637 |
| Provision for credit losses | 2,782 | 1,007 |
| Stock-based compensation expense | 3,748 | 2,533 |
| Amortization of intangible assets | 889 | 605 |
| Origination of mortgage loans held for sale | 0 | 0 |
| Proceeds from sale of mortgage loans held for sale | 0 | 0 |
| Deferred income tax expense (benefit) | 913 | 895 |
| Bank owned life insurance income | 3,206 | 2,198 |
| Gain on sale of mortgage loans held for sale, net | 0 | 0 |
| Loss on sale of investment securities available for sale, net | -10,741 | -10,741 |
| Gain on sale of premises and equipment | 0 | - |
| Other | -4,994 | -1,421 |
| Net cash provided by operating activities | 66,834 | 41,767 |
| Loan originations and purchases, net of payments | -35,113 | -28,359 |
| Maturities and repayments of investment securities available for sale | 94,976 | 64,534 |
| Maturities and repayments of investment securities held to maturity | 21,098 | 13,068 |
| Purchase of investment securities available for sale | 84,669 | 84,669 |
| Purchase of premises and equipment | 3,448 | 2,770 |
| Purchase of bank owned life insurance | 39 | 39 |
| Proceeds from bank owned life insurance death benefit | 502 | 502 |
| Proceeds from surrender of bank owned life insurance | 5,091 | 5,091 |
| Purchases of federal home loan bank stock | 21,036 | 13,795 |
| Proceeds from sales of investment securities available for sale | 141,682 | 141,682 |
| Proceeds from redemption of federal home loan bank stock | 32,101 | 19,226 |
| Proceeds from sales of assets held for sale | 0 | - |
| Proceeds from sales of premises and equipment | 52 | 52 |
| Capital contributions to tax credit partnerships | 57,745 | 34,213 |
| Net cash provided (used) by investing activities | 163,678 | 137,028 |
| Net increase in deposits | 172,851 | 99,800 |
| Proceeds from borrowings | 467,400 | 306,500 |
| Repayment of borrowings | 712,400 | 426,300 |
| Common stock cash dividends paid | 24,499 | 16,350 |
| Repurchase of common stock | 5,473 | 5,449 |
| Net cash used by financing activities | -102,121 | -41,799 |
| Net increase (decrease) in cash and cash equivalents | 128,391 | 136,996 |
| Cash and cash equivalents at beginning of period | 117,100 | - |
| Cash and cash equivalents at end of period | 245,491 | - |
HERITAGE FINANCIAL CORP WA (HFWA)
HERITAGE FINANCIAL CORP WA (HFWA)