For the quarter ending 2025-09-30, HTBK had $25,950K increase in cash & cash equivalents over the period. $18,895K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 14,698 | 18,015 |
| Amortization of premiums and accretion of discounts on securities, net | -38 | 813 |
| Gain on sale of sba loans | 0 | 185 |
| Proceeds from sale of sba loans originated for sale | 0 | 2,664 |
| Sba loans originated for sale | 169 | 1,998 |
| Provision for credit losses on loans | 416 | 790 |
| Increase in cash surrender value of life insurance | 564 | 1,086 |
| Depreciation and amortization | 308 | 662 |
| Amortization of other intangible assets | 454 | 907 |
| Stock option expense, net | 73 | 209 |
| Rsus and prsus expense, net | 506 | 197 |
| Amortization of restricted stock awards, net | 157 | 310 |
| Amortization of subordinated debt issuance costs | 38 | 75 |
| Gain on proceeds from company-owned life insurance | 0 | 0 |
| Accrued interest receivable and other assets | -582 | 6,682 |
| Accrued interest payable and other liabilities | 2,330 | 9,771 |
| Net cash provided by operating activities | 18,867 | 22,836 |
| Purchase of securities available-for-sale | 137,017 | 211,776 |
| Maturities/paydowns/calls of securities available-for-sale | 35,538 | 166,784 |
| Maturities/paydowns/calls of securities held-to-maturity | 16,218 | 28,464 |
| Net change in loans | 46,966 | 42,768 |
| Changes in fhlb stock and other investments | 3 | 7 |
| Proceeds from redemption of company-owned life insurance | 0 | 0 |
| Purchase of premises and equipment | -28 | 286 |
| Net cash (used in) provided by investing activities | -132,202 | -59,589 |
| Net change in deposits | 149,212 | -192,697 |
| Exercise of stock options | 177 | 1,014 |
| Payment of cash dividends | 7,967 | 15,983 |
| Repurchase shares of the company common stock | 2,137 | 1,912 |
| Net cash (used in) provided by financing activities | 139,285 | -209,578 |
| Net (decrease) increase in cash and cash equivalents | 25,950 | -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)