{"schema_version":"secwatch.filing_event.v1","accession":"0001046025-24-000082","form_type":"8-K","ticker":"HFWA","cik":"0001046025","company_name":"HERITAGE FINANCIAL CORP /WA/","filed_at":"2024-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.023857+00:00","generated_at":"2026-06-03T06:11:00.907455+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Heritage Financial Reports Q1 2024 Net Income of $5.7M, Declares $0.23 Dividend and Authorizes 1.7M Share Buyback","bullets":["Q1 2024 net income $5.7M ($0.16 diluted EPS) vs. $6.2M in Q4 2023 and $20.5M in Q1 2023.","Incurred $10M pre-tax loss on sale of securities ($0.22 per share impact) and $1.1M severance costs for balance sheet repositioning and expense management.","Loans increased $92.5M (2.1%) in Q1 2024; net interest margin 3.32% (down from 3.41%); cost of total deposits rose to 1.19% from 1.01%.","Declared regular quarterly cash dividend of $0.23 per share, payable May 22, 2024 to shareholders of record May 8, 2024.","Board authorized repurchase of up to 5% of outstanding shares (approx. 1.7 million shares) under new stock repurchase program."],"urls":{"canonical":"https://secwatch.observer/filing/0001046025-24-000082","json":"https://secwatch.observer/filing/0001046025-24-000082.json","markdown":"https://secwatch.observer/filing/0001046025-24-000082.md","text":"https://secwatch.observer/filing/0001046025-24-000082.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1046025/000104602524000082/0001046025-24-000082-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1046025/000104602524000082/hfwa-20240425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T06:11:00.907455+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ef3489a9a7747ba9c77d7e4fef9285999635412e","claim":"HERITAGE FINANCIAL CORP /WA/ reported the quarter ended March 31, 2024 results: net income $5.7 million, EPS $0.16 per diluted share.","evidence_excerpt":"Heritage Financial Corporation (“Heritage”) issued a press release announcing its financial results for the quarter ended March 31, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1046025/000104602524000082/0001046025-24-000082-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Net income","value":"$5.7 million"},{"label":"EPS","value":"$0.16 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}