Heritage Financial HFWA Deferred Compensation Arrangement With Individual Recorded Liability
Deferred Compensation Arrangement With Individual Recorded Liability at other companies
Other financials
Where this comes from
Reported directly by Heritage Financial in its filing.
Tagged under the XBRL concept us-gaap:DeferredCompensationArrangementWithIndividualRecordedLiability.
The source filing: Heritage Financial’s 10-K, filed February 27, 2026.
- Filed
- Feb 27, 2026, 2:11 PM EST
- Fiscal year
- FY2025
- Accession
- 0001628280-26-012703
The Company has a Deferred Compensation Plan that provides its directors and select executive officers with the opportunity to defer current compensation. The Company records a liability within "Accrued expenses and other liabilities" in the Consolidated Statements of Financial Condition and records the expense as "Compensation and employee benefits" in the Consolidated Statements of Income. The expense incurred for the deferred compensation for the years ended December 31, 2025, 2024, and 2023 was $1,137,000, $604,000, and $409,000, respectively. As a result, the Company recorded a deferred compensation liability of $5.4 million and $4.7 million at December 31, 2025 and 2024, respectively.
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
FAQ
- What is Heritage Financial's deferred compensation arrangement with individual recorded liability?
- Heritage Financial (HFWA) reported deferred compensation arrangement with individual recorded liability of $5.4M in Q4 2025.
- How has Heritage Financial's deferred compensation arrangement with individual recorded liability changed year-over-year?
- Heritage Financial's deferred compensation arrangement with individual recorded liability increased by 14.9% year-over-year, from $4.7M to $5.4M.
- What is the long-term trend for Heritage Financial's deferred compensation arrangement with individual recorded liability?
- Over 5 years (2020 to 2025), Heritage Financial's deferred compensation arrangement with individual recorded liability has grown at a 5.7% compound annual growth rate (CAGR), from $4.1M to $5.4M.
- What does deferred compensation arrangement with individual recorded liability mean?
- Deferred Compensation Arrangement With Individual Recorded Liability as reported by Heritage Financial Corp.
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