---
schema_version: "secwatch.filing_event.v1"
accession: "0001046025-22-000143"
form_type: "8-K"
ticker: "HFWA"
cik: "0001046025"
company_name: "HERITAGE FINANCIAL CORP /WA/"
filed_at: "2022-10-20T23:59:59+00:00"
generated_at: "2026-06-23T02:09:43.742067+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Heritage Financial Q3 net income $21M, EPS $0.59; net interest margin expands to 3.57%

## Summary
- Net income $21.0M ($0.59 diluted EPS) vs $18.6M ($0.52) in Q2 2022 and $20.6M ($0.58) in Q3 2021.
- Net interest margin increased to 3.57% from 3.04% in Q2; loans receivable grew $127.2M (3.3% quarterly).
- Cost of total deposits unchanged at 0.09%; nonperforming assets improved to 0.09% of total assets.
- Declared regular cash dividend of $0.21 per share, payable Nov 16, 2022 to holders of record Nov 2.
- Provided $37.8M in construction financing and tax credit equity for 85 affordable housing units in Seattle.

## SEC filing metadata
- accession: 0001046025-22-000143
- form_type: 8-K
- ticker: HFWA
- cik: 0001046025
- company_name: HERITAGE FINANCIAL CORP /WA/
- filed_at: 2022-10-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046025/000104602522000143/0001046025-22-000143-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046025/000104602522000143/hfwa-20221020.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001046025-22-000143
- JSON: https://secwatch.observer/filing/0001046025-22-000143.json
- Plain text: https://secwatch.observer/filing/0001046025-22-000143.txt

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