HERITAGE FINANCIAL CORP /WA/

For the period ended Mar 31, 2026. Filed May 8, 2026.

About this filing

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.

Mar 31, 2026 · Filed May 8, 2026

HFWA$28.39-0.6%Stored close · as of Nov 6, 2026

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Contents

DEPOSITS OVERVIEW

Deposits

The following table summarizes the Company's deposits at the dates indicated:

March 31, 2026 · December 31, 2025 · Change
	Balance	% of Total Deposits	Balance	% of Total Deposits	$	%
(Dollars in thousands)
Noninterest demand deposits	$2,066,383	28.5%	$1,597,650	27.0%	$468,733	29.3%
Interest bearing demand deposits	1,860,679	25.7	1,627,259	27.5	233,420	14.3
Money market accounts	1,588,678	21.9	1,334,904	22.5	253,774	19.0
Savings accounts	606,119	8.4	422,523	7.1	183,596	43.5
Total non-maturity deposits	6,121,859	84.5	4,982,336	84.1	1,139,523	22.9
Certificates of deposit	1,126,678	15.5	937,863	15.9	188,815	20.1
Total deposits	$7,248,537	100.0%	$5,920,199	100.0%	$1,328,338	22.4%

Total deposits increased $1.33 billion, or 22.4%, to $7.25 billion at March 31, 2026, from $5.92 billion at December 31, 2025 due primarily to deposits acquired in the Merger.

The following table summarizes the composition of acquired deposits at the Merger date of January 31, 2026:

	January 31, 2026
	Balance	% of Total
Merger - Deposit Composition · (Dollars in thousands)
Noninterest demand deposits	$410,394	29.6%
Interest bearing demand deposits	336,742	24.2%
Money market accounts	217,685	15.7%
Savings accounts	175,032	12.6%
Total non-maturity deposits	1,139,853	82.1%
Certificates of deposit	249,143	17.9%
Total deposits	$1,388,996	100.0%

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.