HERITAGE FINANCIAL CORP WA
For the period ended Jun 30, 2024. Filed Aug 9, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 9, 2024
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GLOSSARY OF ACRONYMS, ABBREVIATIONS AND TERMS
The acronyms, abbreviations, and terms listed below are used in various sections of this Form 10-Q. As used throughout this report, the terms "Heritage," “we,” “our,” “us” or the "Company" refer to Heritage Financial Corporation and its consolidated subsidiaries, unless the context otherwise requires.
| ACL | Allowance for Credit Losses |
|---|---|
| AOCI | Accumulated Other Comprehensive Income (loss), net |
| ASU | Accounting Standards Update |
| Bank | Heritage Bank |
| BOLI | Bank Owned Life Insurance |
| BTFP | Bank Term Funding Program |
| CECL | Current Expected Credit Loss |
| CMO | Collateralized Mortgage Obligations |
| CRA | Community Reinvestment Act |
| CRE | Commercial Real Estate |
| Exchange Act | Securities Exchange Act of 1934, as amended |
| FASB | Financial Accounting Standards Board |
| FDIC | Federal Deposit Insurance Corporation |
| Federal Reserve | Board of Governors of the Federal Reserve System |
| FRB | Federal Reserve Bank of San Francisco |
| FHLB | Federal Home Loan Bank of Des Moines |
| GAAP | U.S. Generally Accepted Accounting Principles |
| LIBOR | London Interbank Offering Rate |
| LIHTC | Low-Income Housing Tax Credit |
| MBS | Mortgage-Backed Securities |
| SEC | Securities and Exchange Commission |
| SM | Special Mention |
| SS | Substandard |
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