secwatch.observer — SEC 8-K summary
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Issuer:     HERITAGE FINANCIAL CORP /WA/ (HFWA)
CIK:        0001046025
Form:       8-K
Filed at:   2022-04-21T23:59:59+00:00
Accession:  0001046025-22-000067
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Heritage Financial Q1 net income $19.8M, EPS $0.56; dividend $0.21
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- Net income $19.8M vs $19.4M Q4'21 and $25.3M Q1'21; diluted EPS $0.56 vs $0.55 and $0.70.
- Loans grew $5.5M (0.1%); excluding PPP repayments of $80.9M, loans grew $86.4M (2.4%).
- Provision for credit losses reversal of $3.6M, down from $5.0M Q4'21 and $7.2M Q1'21.
- Nonperforming assets ratio improved to 0.22% from 0.32% Q4'21 and 0.75% Q1'21.
- Declared regular cash dividend $0.21/share, payable May 18 to record May 4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046025/000104602522000067/0001046025-22-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046025/000104602522000067/hfwa-20220421.htm
  HTML page:      https://secwatch.observer/filing/0001046025-22-000067

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer