---
schema_version: "secwatch.filing_event.v1"
accession: "0001046025-21-000149"
form_type: "8-K"
ticker: "HFWA"
cik: "0001046025"
company_name: "HERITAGE FINANCIAL CORP /WA/"
filed_at: "2021-07-23T23:59:59+00:00"
generated_at: "2026-06-30T02:51:19.023127+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Heritage Financial Q2 net income $32.7M ($0.90 EPS); declares $0.20 dividend; plans branch closures

## Summary
- Net income $32.7M ($0.90 diluted EPS) vs $25.3M in Q1 2021 and net loss $6.1M in Q2 2020.
- Reversal of provision for credit losses $14.0M vs reversal $7.2M in Q1; NPA ratio 0.50% vs 0.75% prior quarter.
- Declared regular cash dividend $0.20/share, payable Aug 18, record Aug 4.
- Announced closure/consolidation of four branches on Oct 29, reducing branch count from 62 to 49 (21% reduction).
- Noninterest demand deposits 37.2% of total deposits; capital strong with Tier 1 leverage 9.1%.

## SEC filing metadata
- accession: 0001046025-21-000149
- form_type: 8-K
- ticker: HFWA
- cik: 0001046025
- company_name: HERITAGE FINANCIAL CORP /WA/
- filed_at: 2021-07-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046025/000104602521000149/0001046025-21-000149-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046025/000104602521000149/hfwa-20210722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001046025-21-000149
- JSON: https://secwatch.observer/filing/0001046025-21-000149.json
- Plain text: https://secwatch.observer/filing/0001046025-21-000149.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.