HERITAGE FINANCIAL CORP /WA/
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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FY2025 · Filed Feb 27, 2026
HFWA$28.64+0.9%Stored close · as of Nov 9, 2026
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PREMISES AND EQUIPMENT
(5)Premises and Equipment
The following table presents a summary of premises and equipment at the dates indicated:
| Year Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| (Dollars in thousands) | ||
| Land | $20,803 | $18,721 |
| Buildings and building improvements | 68,433 | 64,623 |
| Furniture, fixtures and equipment | 29,996 | 28,819 |
| Total premises and equipment | 119,232 | 112,163 |
| Less: Accumulated depreciation | (44,542) | (40,583) |
| Premises and equipment, net | $74,690 | $71,580 |
Total depreciation expense on premises and equipment was $5.8 million, $6.6 million and $6.3 million for the years ended December 31, 2025, 2024 and 2023, respectively.
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