HERITAGE COMMERCE CORP
heritagecommercecorp.comNo Longer Reporting
The company has not filed an annual or quarterly report since its FY2025 10-K, filed Mar 9, 2026. Its latest SEC filing is a SCHEDULE 13G/A from Jul 14, 2026.
10-K for FY2025, filed Mar 9, 2026
The sections below describe the company as of the FY2025 annual report.
What Did They Do?
Provides commercial and personal banking to small and medium-sized businesses and their owners, managers and employees, as well as individual clients; also provides factoring financing to small businesses.
10-K for FY2025, filed Mar 9, 2026
How Did They Make Money?
The bank earns interest from loans and securities. Business and individual clients also pay deposit-account service fees, usually immediately or the following month through a direct charge to their accounts.
10-K for FY2025, filed Mar 9, 2026
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10-K for FY2025, filed Mar 9, 2026
FY2025 revenue by reportable segment (Interest income) ↗
$3.7M
-
10-K for FY2025, filed Mar 10, 2026
$3.7M ↗
| Segment | Share | Revenue |
|---|---|---|
|
Banking
|
94%
FY2022: 93%
|
Banking, FY2025
$242.7M Sources
|
|
Factoring
|
5.6%
FY2022: 6.8%
|
Factoring, FY2025
$14.3M Sources
|
Who Were Their Customers?
The bank serves business and individual clients through its Bay Area branches; Bay View Funding provides factoring financing to businesses across the United States.
10-K for FY2025, filed Mar 9, 2026We are a bank holding company formed in 1997 as the sole shareholder of Heritage Bank of Commerce (“HBC” or the “Bank”), a…View ↗
We are proud and confident in our more routine accomplishments, as well. We believe our loan portfolio is well-diversified among the…View ↗
HBC is a commercial bank serving clients located in Alameda, Contra Costa, Marin, San Benito, San Francisco, San Mateo, and Santa Clara…View ↗
Did Revenues Turn Into Profits?
Yes. Its net income in FY2025 was larger than its revenue and turned 1662 cents into free cash flow.
How Were They Changing?
-
Apr 21, 2026
Heritage merged into CVB Financial and its shares were delisted
Heritage Bank of Commerce also merged into Citizens Business Bank, which continued as the surviving bank.
Sources
8-K, filed Apr 21, 2026
Pursuant to the Merger Agreement, on the Closing Date, Heritage merged with and into CVBF, with CVBF continuing as the surviving…View ↗
Grew. Revenue grew 48% in 4 years, from $2.5M in FY2021 to $3.7M in FY2025, about 10% a year.
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