---
schema_version: "secwatch.filing_event.v1"
accession: "0001046025-22-000129"
form_type: "8-K"
ticker: "HFWA"
cik: "0001046025"
company_name: "HERITAGE FINANCIAL CORP /WA/"
filed_at: "2022-07-21T23:59:59+00:00"
generated_at: "2026-06-24T09:48:30.044196+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Heritage Financial Q2 net income $18.6M, EPS $0.52; NIM expands to 3.04%

## Summary
- Net income of $18.6M ($0.52 diluted EPS) vs $19.8M ($0.56) in Q1 2022 and $32.7M ($0.90) in Q2 2021.
- Loans grew $52.9M (1.4%) in Q2; ex-PPP repayments growth was $106.5M (2.8%, 11.2% annualized).
- Net interest margin rose to 3.04% from 2.84% in Q1; nonperforming assets ratio fell to 0.14%.
- Declared regular cash dividend of $0.21 per share, payable Aug 17 to holders of record Aug 3.
- Hired four banking teams to expand in Portland-Vancouver MSA and Eugene, OR.

## SEC filing metadata
- accession: 0001046025-22-000129
- form_type: 8-K
- ticker: HFWA
- cik: 0001046025
- company_name: HERITAGE FINANCIAL CORP /WA/
- filed_at: 2022-07-21T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046025/000104602522000129/0001046025-22-000129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046025/000104602522000129/hfwa-20220721.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001046025-22-000129
- JSON: https://secwatch.observer/filing/0001046025-22-000129.json
- Plain text: https://secwatch.observer/filing/0001046025-22-000129.txt

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