Heritage Bank
Olympia, WA · Cert 29012 · Peer group: banks $1B-$10B in assets (n=322-328) · Heritage Financial Corp.
State charter, non-member · FDIC · 67 branches
Q2 2026
$8.4BAssets
$5.7BLoans
$7.0BDeposits
$1.1BEquity
Executive Summary
- Strongest standing: equity / assets outperforms 86% of banks $1B-$10B in assets (rank 47 of 328).
- Widest gap: efficiency ratio trails 82% of banks $1B-$10B in assets (rank 269 of 328).
- Overall: at or above the peer median on 4 of 9 directional measures.
Return on Assets
0.99%
Rank 231 of 328
Net Interest Margin
3.56%
Rank 140 of 328
Efficiency Ratio
70.60%
Rank 269 of 328
Equity / Assets
13.32%
Rank 47 of 328
Non-interest income vs. expense
Unfavorable gap of $193.5M · efficiency ratio beats 18% of banks $1B-$10B in assets | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|
| Earnings |
| Return on Assets | 0.99% | 0.91% | 1.22% | 1.52% | Beats 30% | 231 / 328 | | |
| Return on Equity | 7.44% | 8.43% | 11.45% | 14.43% | Beats 18% | 270 / 328 | | |
| Net Interest Margin | 3.56% | 3.03% | 3.45% | 3.83% | Beats 57% | 140 / 328 | | |
| Efficiency Ratio | 70.60% | 51.61% | 59.56% | 67.53% | Beats 18% | 269 / 328 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.27% | 0.24% | 0.51% | 1.03% | Beats 72% | 91 / 322 | | |
| Net Charge-Offs / Loans | 0.01% | 0.01% | 0.03% | 0.10% | Beats 66% | 109 / 322 | | |
| Capital |
| Tier 1 Capital Ratio | 12.34% | 11.75% | 13.15% | 15.47% | Beats 37% | 208 / 328 | | |
| Total Risk-Based Capital Ratio | 13.23% | 12.63% | 14.15% | 16.46% | Beats 35% | 212 / 328 | | |
| Equity / Assets | 13.32% | 9.15% | 10.33% | 12.01% | Beats 86% | 47 / 328 | | |
| Liquidity & Funding |
| Loans / Deposits | 81.61% | 76.63% | 87.92% | 95.36% | 35th pctl | 210 / 323 | | |
| Loans / Assets | 68.23% | 65.18% | 74.15% | 79.98% | 31st pctl | 226 / 328 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |