HTBK · As filed with the SEC
Heritage Commerce balance sheet, by fiscal year
The statement as Heritage Commerce presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED BALANCE SHEETS · USD thousands
| USD thousands | FY2025 Dec 31, 2025 | FY2024 Dec 31, 2024 | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 | FY2021 Dec 31, 2021 | FY2020 Dec 31, 2020 | FY2019 Dec 31, 2019 | FY2018 Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash and due from banks | 21,682 | 29,864 | 41,592 | 27,595 | 15,703 | 30,598 | 49,447 | 30,273 |
| Other investments and interest-bearing deposits in other financial institutions | 625,346 | 938,259 | 366,537 | 279,008 | 1,290,513 | 1,100,475 | 407,923 | 134,295 |
| Total cash and cash equivalents | 647,028 | 968,123 | 408,129 | 306,603 | 1,306,216 | 1,131,073 | 457,370 | 164,568 |
| Securities available-for-sale, at fair value | — | — | — | 489,596,000 | 102,252,000 | 235,774,000 | 404,825,000 | 459,043,000 |
| Securities held-to-maturity, at amortized cost (fair value of $368,107 at December 31, 2019 and $366,175 at December 31, 2018) | — | — | — | — | — | — | 366,560,000 | 377,198,000 |
| Securities available-for-sale, at fair value | 592,958 | 256,274 | 442,636 | — | — | — | — | — |
| Securities held-to-maturity net of allowance for credit losses | 529,711 | 590,016 | 650,565 | 714,990 | 658,397 | 297,389 | — | — |
| Loans held-for-sale - SBA, at lower of cost or fair value, including deferred costs | 1,322 | 2,375 | 2,205 | 2,456 | 2,367 | 1,699 | 1,052 | 2,649 |
| Loans, net of deferred fees | — | — | — | — | 3,087,326,000 | 2,619,261,000 | 2,533,844,000 | 1,886,405,000 |
| Allowance for credit losses on loans | — | — | — | — | (43,290,000) | (44,400,000) | (23,285,000) | (27,848,000) |
| Loans, net | — | — | — | — | 3,044,036,000 | 2,574,861,000 | 2,510,559,000 | 1,858,557,000 |
| Loans, net of deferred fees | — | — | — | 3,298,550,000 | — | — | — | — |
| Allowance for credit losses on loans | — | — | — | (47,512,000) | — | — | — | — |
| Loans, net | — | — | — | 3,251,038,000 | — | — | — | — |
| Loans, net of deferred fees | 3,653,060 | 3,491,937 | 3,350,378 | — | — | — | — | — |
| Allowance for credit losses on loans | (49,999) | (48,953) | (47,958) | — | — | — | — | — |
| Loans, net | 3,603,061 | 3,442,984 | 3,302,420 | — | — | — | — | — |
| Federal Home Loan Bank ("FHLB"), Federal Reserve Bank ("FRB") stock and other investments, at cost | 32,568 | 32,556 | 32,540 | 32,522 | 32,504 | 33,522 | 29,842 | 25,216 |
| Company-owned life insurance | 83,423 | 81,211 | 79,489 | 78,945 | 77,589 | 77,523 | 76,027 | 61,859 |
| Premises and equipment, net | 9,213 | 10,140 | 9,857 | 9,301 | 9,639 | 10,459 | 8,250 | 7,137 |
| Goodwill | 167,631 | 167,631 | 167,631 | 167,631 | 167,631 | 167,631 | 167,420 | 83,753 |
| Other intangible assets | 4,625 | 6,439 | 8,627 | 11,033 | 13,668 | 16,664 | 20,415 | 12,007 |
| Accrued interest receivable and other assets | 93,157 | 87,257 | 89,996 | 93,465 | 85,110 | 87,519 | 67,143 | 44,575 |
| Total assets | 5,764,697 | 5,645,006 | 5,194,095 | 5,157,580 | 5,499,409 | 4,634,114 | 4,109,463 | 3,096,562 |
| Liabilities and Shareholders' Equity | ||||||||
| Liabilities: | ||||||||
| Deposits: | ||||||||
| Demand, noninterest-bearing | 1,308,737 | 1,214,192 | 1,292,486 | 1,736,722 | 1,903,768 | 1,661,655 | 1,450,873 | 1,021,582 |
| Demand, interest-bearing | 957,146 | 936,587 | 914,066 | 1,196,427 | 1,308,114 | 960,179 | 798,375 | 702,000 |
| Savings and money market | 1,380,666 | 1,325,923 | 1,087,518 | 1,285,444 | 1,375,825 | 1,119,968 | 982,430 | 754,277 |
| Time deposits - under $250 | 31,500 | 38,988 | 38,055 | 32,445 | 38,734 | 45,027 | 54,361 | 58,661 |
| Time deposits - $250 and over | 220,715 | 206,755 | 192,228 | 108,192 | 94,700 | 103,746 | 99,882 | 86,114 |
| Insured Cash Sweep ("ICS")/Certificates of Deposit Account Registry Service ("CDARS") - interest-bearing demand, money market and time deposits | 1,004,322 | 1,097,586 | 854,105 | 30,374 | 38,271 | 23,911 | 28,847 | 14,898 |
| Total deposits | 4,903,086 | 4,820,031 | 4,378,458 | 4,389,604 | 4,759,412 | 3,914,486 | 3,414,768 | 2,637,532 |
| Subordinated debt, net of issuance costs | 39,805 | 39,653 | 39,502 | 39,350 | 39,925 | 39,740 | 39,554 | 39,369 |
| Other short-term borrowings | — | — | — | — | — | — | 328,000 | — |
| Accrued interest payable and other liabilities | 113,240 | 95,595 | 103,234 | 96,170 | 102,044 | 101,999 | 78,105 | 52,195 |
| Total liabilities | 5,056,131 | 4,955,279 | 4,521,194 | 4,525,124 | 4,901,381 | 4,056,225 | 3,532,755 | 2,729,096 |
| Shareholders' equity: | ||||||||
| Preferred stock | 0 | — | — | — | — | — | — | — |
| Common stock | 509,611 | 510,070 | 506,539 | 502,923 | 497,695 | 493,707 | 489,745 | 300,844 |
| Retained earnings | 203,675 | 187,762 | 179,092 | 146,389 | 111,329 | 94,899 | 96,741 | 79,003 |
| Accumulated other comprehensive loss | (4,720) | (8,105) | (12,730) | (16,856) | (10,996) | (10,717) | (9,778) | (12,381) |
| Total shareholders' equity | 708,566 | 689,727 | 672,901 | 632,456 | 598,028 | 577,889 | 576,708 | 367,466 |
| Total liabilities and shareholders' equity | 5,764,697 | 5,645,006 | 5,194,095 | 5,157,580 | 5,499,409 | 4,634,114 | 4,109,463 | 3,096,562 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.