HERITAGE FINANCIAL CORP WA (HFWA)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Service charges, other fees and card revenue-Credit And Debit Card | 2,008 | - | - | - |
| Service charges, other fees and card revenue-Deposit Account | 2,932 | - | - | - |
| Other income | 2,127 | 2,161 | 1,520 | 1,388 |
| Gain on sale of loans, net | - | - | - | - |
| Gain on sale of other assets, net | 5 | 3 | 1,480 | 49 |
| Interest rate swap fees | 19 | - | - | 52 |
| Loss on sale of investment securities, net | -6,854 | -3,887 | -6,945 | -1,921 |
| Bank owned life insurance income | 1,280 | 918 | 860 | 931 |
| Service charges, other fees and card revenue | - | 4,708 | 4,922 | 4,747 |
| Total noninterest income | 1,517 | 3,903 | 1,837 | 5,246 |
| Professional services | 1,122 | 734 | 490 | 795 |
| Other expense | 3,337 | 3,357 | 3,068 | 2,666 |
| Occupancy and equipment | 4,840 | 4,926 | 4,850 | 4,765 |
| Marketing | 336 | 335 | 128 | 244 |
| Compensation and employee benefits | 25,467 | 25,799 | 24,367 | 24,448 |
| Data processing | 3,666 | 3,897 | 3,915 | 3,785 |
| Federal deposit insurance premium | 810 | 812 | 824 | 812 |
| State/municipal business and use taxes | 1,205 | 1,220 | 1,249 | 1,160 |
| Amortization of intangible assets | 302 | 303 | 399 | 421 |
| Total noninterest expense | 41,085 | 41,383 | 39,290 | 39,096 |
| Provision for credit losses | 956 | 51 | 2,439 | 1,268 |
| Total interest expense | - | - | - | 25,469 |
| Borrowings | 2,895 | 3,716 | 6,062 | 6,477 |
| Junior subordinated debentures | 472 | 471 | 541 | 539 |
| Deposits | 20,150 | 19,489 | 20,256 | 18,453 |
| Interest expense, operating, total | 23,517 | 23,676 | 26,859 | - |
| Nontaxable interest on investment securities | 137 | 139 | 159 | 165 |
| Taxable interest on investment securities | 11,579 | 11,739 | 13,472 | 14,156 |
| Interest on interest earning deposits | 1,411 | 1,052 | 2,048 | 1,653 |
| Interest and fees on loans | 65,373 | 64,436 | 64,138 | 60,608 |
| Total interest income | 78,500 | 77,366 | 79,817 | 76,582 |
| Net interest income | 54,983 | 53,690 | 52,958 | 51,113 |
| Net interest income after provision for credit losses | 54,027 | 53,639 | 50,519 | 49,845 |
| Income before income taxes | 14,459 | 16,159 | 13,066 | 15,995 |
| Income tax expense | 2,244 | 2,248 | 1,643 | 1,836 |
| Net income | 12,215 | 13,911 | 11,423 | 14,159 |
| Average number of basic common shares outstanding (in shares) | 34,028,592 | 34,012,490 | 34,322,069 | 34,609,900 |
| Average number of diluted shares outstanding (in shares) | 34,446,710 | 34,506,238 | 34,658,674 | 34,919,395 |
| Basic earnings per share (in dollars per share) | 0.36 | 0.41 | 0.33 | 0.41 |
| Diluted earnings per share (in dollars per share) | 0.36 | 0.4 | 0.33 | 0.41 |