For the year ending 2025-12-31, HTBK had -$321,095K decrease in cash & cash equivalents over the period. $61,298K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 47,830 |
| Amortization of premiums and accretion of discounts on securities | 819 |
| Gain on sale of sba loans | 215 |
| Proceeds from sale of sba loans originated for sale | 3,145 |
| Sba loans originated for sale | 2,615 |
| Provision for credit losses on loans | 1,816 |
| Increase in cash surrender value of life insurance | 2,213 |
| Depreciation and amortization | 1,304 |
| Amortization of other intangible assets | 1,814 |
| Stock option expense, net | 352 |
| Rsus and prsus expense | 965 |
| Amortization of restricted stock awards, net | 621 |
| Amortization of subordinated debt issuance costs | 152 |
| Gain on proceeds from company-owned life insurance | 0 |
| Accrued interest receivable and other assets | 7,336 |
| Accrued interest payable and other liabilities | 16,874 |
| Net cash provided by operating activities | 61,675 |
| Purchase of securities available-for-sale | 555,713 |
| Maturities/paydowns/calls of securities available-for-sale | 226,147 |
| Maturities/paydowns/calls of securities held-to-maturity | 59,599 |
| Net change in loans | 161,155 |
| Changes in fhlb stock and other investments | 12 |
| Proceeds from redemption of company-owned life insurance | 0 |
| Purchase of premises and equipment | 377 |
| Net cash (used in) provided by investing activities | -431,511 |
| Net change in deposits | 83,055 |
| Exercise of stock options | 1,652 |
| Payment of cash dividends | 31,917 |
| Repurchase shares of the company common stock | 4,049 |
| Net cash provided by (used in) financing activities | 48,741 |
| Net increase (decrease) in cash and cash equivalents | -321,095 |
| Cash and cash equivalents, beginning of period | 968,123 |
| Cash and cash equivalents, end of period | 647,028 |
HERITAGE COMMERCE CORP (HTBK)
HERITAGE COMMERCE CORP (HTBK)