Heritage Commerce Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	21.68	968.12	408.13	306.6	1,306
Investment Securities	1,218	218.85	417.35	459.62	55.4
Mortgage-Backed Securities	529.71	629.64	678.64	748.5	709.63
Total Investments	1,748	848.49	1,096	1,208	765.03
Gross Loans	3,654	3,492	3,351	3,299	3,091
Allowance for Loan Losses	-50	-48.95	-47.96	-47.51	-43.29
Other Adjustments to Gross Loans	-0.51	-0.18	-0.5	-0.52	-3.46
Net Loans	3,603	3,443	3,302	3,251	3,044
Property, Plant & Equipment	9.21	40.71	41.53	42.33	44.52
Goodwill	167.63	167.63	167.63	167.63	167.63
Other Intangible Assets	4.63	6.44	8.63	11.03	13.67
Loans Held for Sale	1.32	2.38	2.21	2.46	2.37
Accrued Interest Receivable	125.73	14.94	14.96	15.05	10.78
Other Receivables	-	0.08	0.12	0.15	0.22
Other Long-Term Assets	83.42	120.68	119.94	120.64	112.44
Total Assets	5,765	5,645	5,194	5,158	5,499
Interest Bearing Deposits	3,374	3,399	2,894	2,545	2,761
Institutional Deposits	220.72	206.76	192.23	108.19	94.7
Non-Interest Bearing Deposits	1,309	1,214	1,292	1,737	1,904
Total Deposits	4,903	4,820	4,378	4,390	4,759
Current Portion of Leases	-	7.15	-	-	-
Accrued Interest Payable	113.24	6.35	4.69	0.6	0.48
Other Current Liabilities	-	0	-	-	-
Long-Term Debt	39.81	39.65	39.5	39.35	39.93
Long-Term Leases	-	23.42	31.67	33.03	34.88
Pension & Post-Retirement Benefits	-	31.93	33.4	32.86	42.42
Other Long-Term Liabilities	-	26.75	33.47	29.68	24.27
Total Liabilities	5,056	4,955	4,521	4,525	4,901
Common Stock	509.61	510.07	506.54	502.92	497.7
Retained Earnings	203.68	187.76	179.09	146.39	111.33
Comprehensive Income & Other	-4.72	-8.11	-12.73	-16.86	-11
Total Common Equity	708.57	689.73	672.9	632.46	598.03
Shareholders' Equity	708.57	689.73	672.9	632.46	598.03
Total Liabilities & Equity	5,765	5,645	5,194	5,158	5,499
Total Debt	39.81	70.22	71.18	72.38	74.8
Net Cash (Debt)	-18.12	897.9	336.95	234.22	1,231
Net Cash Growth	-	166.48%	43.86%	-80.98%	16.67%
Net Cash Per Share	-0.29	14.59	5.50	3.83	20.29
Filing Date Shares Outstanding	61.37	61.44	61.17	60.9	60.37
Total Common Shares Outstanding	61.37	61.35	61.15	60.85	60.34
Book Value Per Share	11.55	11.24	11.00	10.39	9.91
Tangible Book Value	536.31	515.66	496.64	453.79	416.73
Tangible Book Value Per Share	8.74	8.41	8.12	7.46	6.91

Source: S&P Global Market Intelligence. Banks template. Financial Sources.