| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 32,713 | 18,015 |
| Amortization of premiums and accretion of discounts on securities, net | 775 | 813 |
| Gain on sale of sba loans | 185 | 185 |
| Proceeds from sale of sba loans originated for sale | 2,664 | 2,664 |
| Sba loans originated for sale | 2,167 | 1,998 |
| Provision for credit losses on loans | 1,206 | 790 |
| Increase in cash surrender value of life insurance | 1,650 | 1,086 |
| Depreciation and amortization | 970 | 662 |
| Amortization of other intangible assets | 1,361 | 907 |
| Stock option expense, net | 282 | 209 |
| Rsus and prsus expense, net | 703 | 197 |
| Amortization of restricted stock awards, net | 467 | 310 |
| Amortization of subordinated debt issuance costs | 113 | 75 |
| Gain on proceeds from company-owned life insurance | 0 | 0 |
| Accrued interest receivable and other assets | 6,100 | 6,682 |
| Accrued interest payable and other liabilities | 12,101 | 9,771 |
| Net cash provided by operating activities | 41,703 | 22,836 |
| Purchase of securities available-for-sale | 348,793 | 211,776 |
| Maturities/paydowns/calls of securities available-for-sale | 202,322 | 166,784 |
| Maturities/paydowns/calls of securities held-to-maturity | 44,682 | 28,464 |
| Net change in loans | 89,734 | 42,768 |
| Changes in fhlb stock and other investments | 10 | 7 |
| Proceeds from redemption of company-owned life insurance | 0 | 0 |
| Purchase of premises and equipment | 258 | 286 |
| Net cash (used in) provided by investing activities | -191,791 | -59,589 |
| Net change in deposits | -43,485 | -192,697 |
| Exercise of stock options | 1,191 | 1,014 |
| Payment of cash dividends | 23,950 | 15,983 |
| Repurchase shares of the company common stock | 4,049 | 1,912 |
| Net cash (used in) provided by financing activities | -70,293 | -209,578 |
| Net (decrease) increase in cash and cash equivalents | -220,381 | -246,331 |
| Cash and cash equivalents at beginning of period | 968,123 | - |
| Cash and cash equivalents at end of period | 747,742 | - |
HERITAGE COMMERCE CORP (HTBK)
HERITAGE COMMERCE CORP (HTBK)