Heritage Financial Corporation (HFWA) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash & Short Term Investments | 1.1B | 660.11M | 807.37M | 839.31M | 891.51M | 881.49M | 1.03B | 1.05B | 1.19B | 1.36B | 1.37B | 1.38B | 1.62B | 1.44B | 1.76B | 2.18B | 2.62B | 2.62B | 2.4B | 2.31B |
| Cash & Due from Banks | 98.26M | 52.59M | 245.49M | 254.1M | 248.66M | 117.1M | 175.57M | 113.76M | 189.65M | 224.97M | 220.5M | 108.38M | 301.48M | 103.59M | 407.32M | 994.05M | 1.58B | 1.72B | 1.63B | 1.26B |
| Short Term Investments | 1B | 607.52M | 561.87M | 585.22M | 642.85M | 764.39M | 852.78M | 931.25M | 996.51M | 1.13B | 1.15B | 1.28B | 1.32B | 1.33B | 1.36B | 1.19B | 1.04B | 894.34M | 761.53M | 1.05B |
| Total Investments | 1B | 607.52M | 6.03B | 6.07B | 6.13B | 6.22B | 6.2B | 6.14B | 6.11B | 6.16B | 6.11B | 6.24B | 6.16B | 6.11B | 6.09B | 5.64B | 5.24B | 5.05B | 4.98B | 5.21B |
| Investments Growth % | -83.66% | -90.23% | -2.78% | -1.16% | 0.29% | 0.91% | 1.4% | -1.55% | -0.85% | 0.91% | 0.43% | 10.6% | 17.49% | 20.85% | 22.24% | 8.27% | -3.46% | -2.94% | -8.38% | -4.93% |
| Long-Term Investments | 0 | 0 | 5.47B | 5.48B | 5.48B | 5.45B | 5.35B | 5.21B | 5.11B | 5.03B | 4.97B | 4.96B | 4.84B | 4.77B | 4.73B | 4.45B | 4.2B | 4.16B | 4.22B | 4.16B |
| Accounts Receivables | 24.28M | 4.75B | 19.15M | 18.56M | 19.65M | 19.48M | 20.1M | 19.86M | 19.9M | 19.52M | 18.79M | 18.97M | 18.55M | 18.55M | 17.81M | 15.91M | 14.58M | 14.66M | 14.8M | 17.11M |
| Goodwill & Intangibles | 329.25M | 242.92M | 243.2M | 243.49M | 243.79M | 244.09M | 244.49M | 244.89M | 245.31M | 245.73M | 246.32M | 246.92M | 247.54M | 248.17M | 248.84M | 249.51M | 250.21M | 250.92M | 251.68M | 252.43M |
| Goodwill | 279.03M | 240.94M | 240.94M | 240.94M | 240.94M | 240.94M | 240.94M | 240.94M | 240.94M | 240.94M | 240.94M | 240.94M | 240.94M | 240.94M | 240.94M | 240.94M | 240.94M | 240.94M | 240.94M | 240.94M |
| Intangible Assets | 50.23M | 1.98M | 2.26M | 2.55M | 2.85M | 3.15M | 3.55M | 3.95M | 4.37M | 4.79M | 5.39M | 5.98M | 6.6M | 7.23M | 7.9M | 8.57M | 9.27M | 9.98M | 10.74M | 11.49M |
| PP&E (Net) | 100.51M | 74.69M | 70.38M | 71.11M | 71.08M | 71.58M | 72.5M | 73.22M | 74.09M | 74.9M | 76.44M | 79.4M | 80.09M | 76.93M | 76.68M | 77.16M | 78.74M | 79.37M | 79.96M | 82.83M |
| Other Assets | 0 | 0 | 405.61M | 414.79M | 420.09M | 436.69M | 440.43M | 468.15M | 453.39M | 448.41M | 473.96M | 131.28M | 146.46M | 130.97M | 130.28M | 129.56M | 128.84M | 128.13M | 117.57M | 116.92M |
| Total Current Assets | 6.79B | 5.41B | 826.51M | 857.87M | 911.16M | 900.98M | 1.05B | 1.06B | 1.21B | 1.38B | 1.39B | 1.7B | 1.92B | 1.75B | 2.01B | 2.41B | 2.82B | 2.82B | 2.59B | 2.49B |
| Total Non-Current Assets | 429.76M | 317.61M | 6.19B | 6.21B | 6.22B | 6.21B | 6.1B | 5.99B | 5.89B | 5.8B | 5.76B | 5.42B | 5.32B | 5.23B | 5.19B | 4.91B | 4.66B | 4.62B | 4.67B | 4.61B |
| Total Assets | 8.5B | 6.97B | 7.01B | 7.07B | 7.13B | 7.11B | 7.15B | 7.06B | 7.09B | 7.17B | 7.15B | 7.12B | 7.24B | 6.98B | 7.2B | 7.32B | 7.48B | 7.43B | 7.26B | 7.11B |
| Asset Growth % | 19.19% | -1.96% | -1.98% | 0.15% | 0.54% | -0.96% | 0.04% | -0.78% | -2.01% | 2.79% | -0.69% | -2.75% | -3.3% | -6.09% | -0.81% | 2.97% | 6.48% | 12.35% | 8.57% | 8.28% |
| Return on Assets (ROA) | 0.24% | 0.32% | 0.27% | 0.17% | 0.2% | 0.17% | 0.16% | 0.2% | 0.08% | 0.09% | 0.26% | 0.23% | 0.29% | 0.32% | 0.29% | 0.25% | 0.26% | 0.26% | 0.29% | 0.46% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 42.42M | 42.35M | 160.28M | 285.4M | 286.53M | 405.06M | 403.99M | 521.91M | 521.84M | 521.76M | 494.85M | 509.83M | 443.81M | 68.07M | 61.85M | 63.15M | 70.32M | 72.02M | 65.2M | 67.46M |
| Net Debt | -55.84M | -10.24M | -85.21M | 31.31M | 37.87M | 287.96M | 228.41M | 408.15M | 332.19M | 296.79M | 274.35M | 401.46M | 142.33M | -35.52M | -345.48M | -930.9M | -1.51B | -1.65B | -1.57B | -1.2B |
| Long-Term Debt | 22.42M | 22.35M | 160.28M | 285.4M | 286.53M | 405.06M | 403.99M | 521.91M | 521.84M | 521.76M | 471.69M | 471.62M | 404.65M | 21.47M | 21.4M | 21.33M | 21.25M | 21.18M | 21.11M | 21.03M |
| Short-Term Debt | 20M | 20M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23.16M | 38.22M | 39.16M | 46.6M | 40.45M | 41.83M | 49.07M | 50.84M | 44.1M | 46.43M |
| Other Liabilities | 7.34B | 1.44B | 90.07M | 112.61M | 116.48M | 153.08M | 166.37M | 171.79M | 189.54M | 200.06M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 20M | 4.58B | 5.86B | 5.78B | 5.85B | 5.68B | 5.71B | 5.52B | 5.53B | 5.6B | 5.87B | 5.82B | 6.01B | 6.16B | 6.4B | 6.49B | 6.64B | 6.56B | 6.39B | 6.23B |
| Total Non-Current Liabilities | 7.36B | 1.47B | 250.35M | 398.02M | 403.01M | 558.14M | 570.36M | 693.7M | 711.38M | 721.82M | 471.69M | 471.62M | 404.65M | 21.47M | 21.4M | 21.33M | 21.25M | 21.18M | 21.11M | 21.03M |
| Total Liabilities | 7.38B | 6.05B | 6.11B | 6.18B | 6.25B | 6.24B | 6.28B | 6.21B | 6.24B | 6.32B | 6.34B | 6.3B | 6.41B | 6.18B | 6.42B | 6.51B | 6.66B | 6.58B | 6.41B | 6.25B |
| Total Equity | 1.12B | 921.5M | 904.06M | 888.21M | 881.51M | 863.53M | 874.51M | 850.51M | 847.58M | 853.26M | 813.55M | 819.73M | 826.08M | 797.89M | 776.7M | 805.37M | 821.45M | 854.43M | 848.4M | 855.98M |
| Equity Growth % | 26.57% | 6.71% | 3.38% | 4.43% | 4% | 1.2% | 7.49% | 3.75% | 2.6% | 6.94% | 4.74% | 1.78% | 0.56% | -6.62% | -8.45% | -5.91% | -0.69% | 4.14% | 5.64% | 7.85% |
| Equity / Assets (Capital Ratio) | 13.13% | 13.23% | 12.89% | 12.56% | 12.36% | 12.15% | 12.23% | 12.05% | 11.95% | 11.89% | 11.38% | 11.52% | 11.42% | 11.43% | 10.79% | 11.01% | 10.98% | 11.5% | 11.69% | 12.05% |
| Return on Equity (ROE) | 1.86% | 2.44% | 2.14% | 1.38% | 1.59% | 1.37% | 1.32% | 1.67% | 0.68% | 0.75% | 2.23% | 2.05% | 2.52% | 2.86% | 2.65% | 2.28% | 2.36% | 2.28% | 2.42% | 3.89% |
| Book Value per Share | 28.53 | 26.78 | 26.27 | 25.74 | 25.55 | 24.99 | 25.23 | 24.36 | 24.06 | 24.32 | 23.17 | 23.34 | 23.31 | 22.49 | 21.90 | 22.74 | 23.20 | 24.11 | 23.61 | 23.56 |
| Tangible BV per Share | 20.11 | 19.72 | 19.20 | 18.68 | 18.48 | 17.93 | 18.18 | 17.34 | 17.10 | 17.32 | 16.15 | 16.31 | 16.32 | 15.49 | 14.88 | 15.70 | 16.13 | 17.03 | 16.61 | 16.61 |
| Common Stock | 716.43M | 531.1M | 529.95M | 528.76M | 532.12M | 531.67M | 534.92M | 541.29M | 544.64M | 549.75M | 548.65M | 550.1M | 550.87M | 552.4M | 551.42M | 550.42M | 550.1M | 551.8M | 552.38M | 572.06M |
| Additional Paid-in Capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 432.25M | 421.62M | 407.56M | 396.64M | 392.74M | 387.1M | 383.13M | 379.71M | 373.63M | 375.99M | 377.52M | 367.08M | 358.01M | 345.35M | 330.28M | 316.73M | 305.58M | 293.24M | 281.29M | 267.86M |
| Accumulated OCI | -33M | -31.21M | -33.45M | -37.19M | -43.35M | -55.24M | -43.53M | -70.5M | -70.69M | -72.48M | -112.63M | -97.45M | -82.8M | -99.85M | -105M | -61.78M | -34.23M | 9.4M | 14.73M | 16.06M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |