secwatch.observer — SEC 8-K summary
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Issuer:     HERITAGE FINANCIAL CORP /WA/ (HFWA)
CIK:        0001046025
Form:       8-K
Filed at:   2022-07-21T23:59:59+00:00
Accession:  0001046025-22-000129
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046025/000104602522000129/0001046025-22-000129-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046025/000104602522000129/hfwa-20220721.htm
  HTML page:      https://secwatch.observer/filing/0001046025-22-000129

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