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Heritage Financial HFWA Allowance for Credit Losses on Held-to-Maturity Securities

Allowance for Credit Losses on Held-to-Maturity Securities at other companies

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Great Southern BancorpGSBC
-$570K-78.1%
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Five Star BancorpFSBC

Other financials

Income statement

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Revenue$77.9M+35.3%
Net income$18.9M+36.2%
EPS (diluted)$0.48+20.0%

Balance sheet

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Cash & equivalents$268.1M+7.8%
Total debt$20.0M-92.4%
Total equity$1.1B+26.6%
Total assets$8.5B+19.2%

Cash flow

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Operating cash flow$14.0M-27.4%
CapEx$1.3M+11.2%
Free cash flow$12.7M-29.9%

Valuation

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Market cap$1.19B+29.3%
Enterprise value$946.38M-2.5%
P/E16.5×-1.5×
P/S4.5×+0.4×

Profitability

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Net margin27.2%+4.5pp
FCF margin30.1%+0.4pp

Returns & leverage

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Return on equity7.3%+1.3pp
Debt / equity-0.3×

Where this comes from

Reported directly by Heritage Financial in its filing.

Tagged under the XBRL concept us-gaap:DebtSecuritiesHeldToMaturityAllowanceForCreditLoss.

The official record: Heritage Financial’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Heritage Financial's allowance for credit losses on held-to-maturity securities?
Heritage Financial (HFWA) reported allowance for credit losses on held-to-maturity securities of $0 in Q1 2026.
What does allowance for credit losses on held-to-maturity securities mean?
This represents the contra-asset valuation allowance established against held-to-maturity debt securities to account for expected credit losses over the life of the instruments. It reflects management's estimate of potential uncollectible amounts, serving as a critical indicator of credit risk exposure within the investment portfolio. Monitoring this balance helps investors assess the bank's conservative approach to asset quality and potential future impairment charges.