Heritage Financial HFWA Debt Instrument Basis Spread On Variable Rate1
Debt Instrument Basis Spread On Variable Rate1 at other companies
Other financials
Where this comes from
Reported directly by Heritage Financial in its filing.
Tagged under the XBRL concept us-gaap:DebtInstrumentBasisSpreadOnVariableRate1.
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
proceeds to acquire junior subordinated debentures issued by the Washington Banking Company. During 2007, the Trust issued $25.0 million of trust preferred securities with a 30-year maturity, callable after the fifth year. The trust preferred securities have a quarterly adjustable rate based upon the three-month SOFR plus 1.56%. On the merger date, the Company acquired the Trust, which retained the Washington Banking Master Trust name, and assumed the performance and observance of the covenants under the indenture related to the trust preferred securities.
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
FAQ
- What is Heritage Financial's debt instrument basis spread on variable rate1?
- Heritage Financial (HFWA) reported debt instrument basis spread on variable rate1 of 1.6% in Q4 2025.
- What does debt instrument basis spread on variable rate1 mean?
- Represents the additional interest rate margin or spread added to a benchmark index for variable-rate debt instruments. This metric is critical for understanding the sensitivity of interest income or expense to fluctuations in market interest rates.
Ask your AI about Heritage Financial's debt instrument basis spread on variable rate1.
Connect your AI assistant and compare it to peers, right in your chat.
