secwatch.observer — SEC 8-K summary
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Issuer:     HERITAGE FINANCIAL CORP /WA/ (HFWA)
CIK:        0001046025
Form:       8-K
Filed at:   2022-10-20T23:59:59+00:00
Accession:  0001046025-22-000143
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046025/000104602522000143/0001046025-22-000143-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046025/000104602522000143/hfwa-20221020.htm
  HTML page:      https://secwatch.observer/filing/0001046025-22-000143

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