What is Heritage Financial's FHLB, floating SOFR advances?

Heritage Financial (HFWA) reported FHLB, floating SOFR advances of $0 in Q4 2025.

What does FHLB, floating SOFR advances mean?

The total outstanding balance of FHLB advances that are indexed to the Secured Overnight Financing Rate (SOFR). This reflects the bank's exposure to variable-rate funding costs and its sensitivity to broader market interest rate movements.

Heritage Financial HFWA FHLB, floating SOFR advances

FHLB, floating SOFR advances at other companies

Tompkins FinancialTMP

$169.45M-68.8%

Eastern Bankshares, Inc.EBC

$689.22M+3,324%

Bank of AmericaBAC

$7.9B-37.8%

Orrstown Financial ServicesORRF

$206.69M+106%

Amalgamated Financial Corp.AMAL

$2.02B-1.0%

QCR HoldingsQCRH

$25.61M-82.4%

Other financials

Income statement

See full

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$1.21B+56.8%

Enterprise value$959.16M+22.1%

P/E16.6×+1.7×

P/S4.5×+1.1×

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 / equity0×-0.3×

Where this comes from

Reported directly by Heritage Financial in its filing.

Tagged under the XBRL concept us-gaap:FederalHomeLoanBankAdvancesMaturitiesSummaryByInterestRateTypeFloatingRate.

The official record: Heritage Financial’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Heritage Financial's FHLB, floating SOFR advances?: Heritage Financial (HFWA) reported FHLB, floating SOFR advances of $0 in Q4 2025.
What does FHLB, floating SOFR advances mean?: The total outstanding balance of FHLB advances that are indexed to the Secured Overnight Financing Rate (SOFR). This reflects the bank's exposure to variable-rate funding costs and its sensitivity to broader market interest rate movements.