$HFWA
HERITAGE FINANCIAL CORP /WA/

2020 Q1 Form 10-Q Financial Statement

#000104602520000097 Filed on May 05, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $53.09M $53.81M
YoY Change -1.34% 24.42%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $3.527M $2.173M
YoY Change 62.31% -16.58%
% of Gross Profit
Depreciation & Amortization $970.0K $3.260M
YoY Change -70.25% -4.96%
% of Gross Profit
Operating Expenses $3.527M $2.173M
YoY Change 62.31% -16.58%
Operating Profit
YoY Change
Interest Expense $4.535M $4.019M
YoY Change 12.84% 66.76%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $12.83M $19.77M
YoY Change -35.11% 88.56%
Income Tax $640.0K $3.220M
% Of Pretax Income 4.99% 16.29%
Net Earnings $12.19M $16.55M
YoY Change -26.35% 82.15%
Net Earnings / Revenue 22.96% 30.76%
Basic Earnings Per Share $0.34 $0.45
Diluted Earnings Per Share $0.34 $0.45
COMMON SHARES
Basic Shares Outstanding 36.34M shares 36.83M shares
Diluted Shares Outstanding 36.60M shares 37.01M shares

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $162.9M $111.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $87.96M $80.13M
YoY Change 9.77% 28.94%
Goodwill $240.9M $240.9M
YoY Change 0.0% 28.47%
Intangibles $15.71M $19.59M
YoY Change -19.8% 18.27%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $5.587B $5.342B
YoY Change 4.59% 14.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $138.5M $99.90M
YoY Change 38.64% 66.78%
Deferred Revenue
YoY Change
Short-Term Debt $11.80M $24.90M
YoY Change -52.61% -4.6%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $138.5M $99.90M
YoY Change 38.64% 66.78%
LONG-TERM LIABILITIES
Long-Term Debt $20.70M $20.40M
YoY Change 1.47% 1.49%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $20.70M $20.40M
YoY Change 1.47% 1.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $138.5M $99.90M
Total Long-Term Liabilities $20.70M $20.40M
Total Liabilities $4.789B $4.564B
YoY Change 4.93% 12.92%
SHAREHOLDERS EQUITY
Retained Earnings $211.7M $185.9M
YoY Change 13.9% 21.4%
Common Stock $568.4M $591.8M
YoY Change -3.94% 20.63%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $798.4M $778.2M
YoY Change
Total Liabilities & Shareholders Equity $5.587B $5.342B
YoY Change 4.59% 14.24%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income $12.19M $16.55M
YoY Change -26.35% 82.15%
Depreciation, Depletion And Amortization $970.0K $3.260M
YoY Change -70.25% -4.96%
Cash From Operating Activities $14.31M $21.31M
YoY Change -32.87% 133.2%
INVESTING ACTIVITIES
Capital Expenditures $1.423M $1.030M
YoY Change 38.16% -52.0%
Acquisitions
YoY Change
Other Investing Activities -$79.13M -$43.33M
YoY Change 82.62% -148.93%
Cash From Investing Activities -$80.55M -$44.36M
YoY Change 81.6% -151.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $19.06M $802.0K
YoY Change 2276.56% -44.23%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $592.0K -$27.69M
YoY Change -102.14% -59.43%
NET CHANGE
Cash From Operating Activities $14.31M $21.31M
Cash From Investing Activities -$80.55M -$44.36M
Cash From Financing Activities $592.0K -$27.69M
Net Change In Cash -$65.66M -$50.74M
YoY Change 29.39% -285.9%
FREE CASH FLOW
Cash From Operating Activities $14.31M $21.31M
Capital Expenditures $1.423M $1.030M
Free Cash Flow $12.88M $20.28M
YoY Change -36.48% 190.03%

Facts In Submission

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CY2018Q4 us-gaap Stockholders Equity
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760723000 USD
CY2019Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
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CY2019Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
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0 USD
CY2019Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
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22000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
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741000 USD
CY2019 us-gaap Amortization Of Deferred Loan Origination Fees Net
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CY2020Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
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9000 USD
CY2019Q1 us-gaap Stock Repurchased And Retired During Period Value
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802000 USD
CY2019Q1 us-gaap Net Income Loss
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16552000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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8016000 USD
CY2019Q1 us-gaap Dividends Common Stock Cash
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6662000 USD
CY2019Q1 us-gaap Stockholders Equity
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778191000 USD
CY2020Q1 us-gaap Net Income Loss
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12191000 USD
CY2019 us-gaap Net Income Loss
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16552000 USD
CY2020Q1 us-gaap Depreciation Amortization And Accretion Net
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2095000 USD
CY2019 us-gaap Depreciation Amortization And Accretion Net
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2234000 USD
CY2020Q1 us-gaap Amortization Of Deferred Loan Origination Fees Net
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239000 USD
CY2020Q1 us-gaap Provision For Loan Lease And Other Losses
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7946000 USD
CY2019 us-gaap Provision For Loan Lease And Other Losses
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920000 USD
CY2020Q1 hfwa Net Change In Accrued Interest Receivable Prepaid Expenses And Other Assets Accrued Expenses And Other Liabilities
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-7581000 USD
CY2019 hfwa Net Change In Accrued Interest Receivable Prepaid Expenses And Other Assets Accrued Expenses And Other Liabilities
NetChangeInAccruedInterestReceivablePrepaidExpensesAndOtherAssetsAccruedExpensesAndOtherLiabilities
1345000 USD
CY2020Q1 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
969000 USD
CY2019 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
741000 USD
CY2020Q1 us-gaap Amortization Of Intangible Assets
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903000 USD
CY2019 us-gaap Amortization Of Intangible Assets
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1025000 USD
CY2020Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
16026000 USD
CY2019 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
8607000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
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18298000 USD
CY2019 us-gaap Proceeds From Sale Of Loans Held For Sale
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7458000 USD
CY2020Q1 us-gaap Bank Owned Life Insurance Income
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885000 USD
CY2019 us-gaap Bank Owned Life Insurance Income
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487000 USD
CY2020Q1 us-gaap Gains Losses On Sales Of Other Real Estate
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-4000 USD
CY2019 us-gaap Gains Losses On Sales Of Other Real Estate
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0 USD
CY2020Q1 us-gaap Gain Loss On Sale Of Loans And Leases
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547000 USD
CY2019 us-gaap Gain Loss On Sale Of Loans And Leases
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252000 USD
CY2020Q1 us-gaap Gain Loss On Sale Of Investments
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1014000 USD
CY2019 us-gaap Gain Loss On Sale Of Investments
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15000 USD
CY2020Q1 hfwa Gain Lossof Assets Heldfor Sale
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9000 USD
CY2019 hfwa Gain Lossof Assets Heldfor Sale
GainLossofAssetsHeldforSale
0 USD
CY2020Q1 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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0 USD
CY2019 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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117000 USD
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
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-5000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
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16096000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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21312000 USD
CY2020Q1 us-gaap Payments For Proceeds From Loans And Leases
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86596000 USD
CY2019 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
42357000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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1030000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Foreclosed Assets
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266000 USD
CY2019 us-gaap Proceeds From Sale Of Foreclosed Assets
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79000 USD
CY2020Q1 hfwa Proceedsfrom Saleof Assets Heldfor Sale
ProceedsfromSaleofAssetsHeldforSale
394000 USD
CY2019 hfwa Proceedsfrom Saleof Assets Heldfor Sale
ProceedsfromSaleofAssetsHeldforSale
0 USD
CY2020Q1 us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
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760000 USD
CY2019 us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
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2276000 USD
CY2020Q1 us-gaap Payments To Acquire Federal Home Loan Bank Stock
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1044000 USD
CY2019 us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
3577000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
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9000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
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0 USD
CY2020Q1 hfwa Purchasebankownedlifeinsurance
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3579000 USD
CY2019 hfwa Purchasebankownedlifeinsurance
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0 USD
CY2020Q1 hfwa Bank Owned Life Insurance Death Benefit
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1324000 USD
CY2019 hfwa Bank Owned Life Insurance Death Benefit
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0 USD
CY2020Q1 hfwa Changeinlowincometaxhousingtaxcreditpartnership
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-1434000 USD
CY2019 hfwa Changeinlowincometaxhousingtaxcreditpartnership
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-80000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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-44359000 USD
CY2020Q1 us-gaap Increase Decrease In Deposits
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35272000 USD
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-38687000 USD
CY2020Q1 us-gaap Increase Decrease In Loans To Federal Home Loan Banks
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19000000 USD
CY2019 us-gaap Increase Decrease In Loans To Federal Home Loan Banks
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-76900000 USD
CY2020Q1 us-gaap Repayments Of Debt
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19000000 USD
CY2019 us-gaap Repayments Of Debt
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51900000 USD
CY2020Q1 us-gaap Payments Of Dividends Common Stock
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7314000 USD
CY2019 us-gaap Payments Of Dividends Common Stock
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6662000 USD
CY2020Q1 us-gaap Increase Decrease In Receivables Under Repurchase Agreements
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8377000 USD
CY2019 us-gaap Increase Decrease In Receivables Under Repurchase Agreements
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6564000 USD
CY2020Q1 us-gaap Proceeds From Stock Options Exercised
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71000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
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22000 USD
CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
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19060000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
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802000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
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592000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-65655000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-50740000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
228568000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
161910000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
162913000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
111170000 USD
CY2020Q1 us-gaap Interest Paid Net
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4507000 USD
CY2019 us-gaap Transfer To Other Real Estate
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0 USD
CY2020Q1 hfwa Transferof Propertyand Equipmentto Prepaid Expensesand Other Assets Heldforsale
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0 USD
CY2019 hfwa Transferof Propertyand Equipmentto Prepaid Expensesand Other Assets Heldforsale
TransferofPropertyandEquipmenttoPrepaidExpensesandOtherAssetsHeldforsale
763000 USD
CY2020Q1 hfwa Purchaseofinvestmentsecuritiesavailableforsalenotsettled
Purchaseofinvestmentsecuritiesavailableforsalenotsettled
7303000 USD
CY2019 hfwa Purchaseofinvestmentsecuritiesavailableforsalenotsettled
Purchaseofinvestmentsecuritiesavailableforsalenotsettled
0 USD
CY2019 us-gaap Interest Paid Net
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3801000 USD
CY2020Q1 us-gaap Income Taxes Paid Net
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58000 USD
CY2019 us-gaap Income Taxes Paid Net
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0 USD
CY2020Q1 us-gaap Transfer To Other Real Estate
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270000 USD
CY2020Q1 us-gaap Nature Of Operations
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Description of Business<div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:48px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">Heritage Financial Corporation is a bank holding company that was incorporated in the State of Washington in August 1997. The Company is primarily engaged in the business of planning, directing and coordinating the business activities of its wholly-owned subsidiary, Heritage Bank. The Bank is a Washington-chartered commercial bank and its deposits are insured by the FDIC. The Bank is headquartered in Olympia, Washington and conducts business from its </span><span style="font-family:Arial;font-size:10pt;"><span>62</span></span><span style="font-family:Arial;font-size:10pt;"> branch offices as of </span><span style="font-family:Arial;font-size:10pt;">March 31, 2020</span><span style="font-family:Arial;font-size:10pt;"> located throughout Washington State and the greater Portland, Oregon area. The Bank’s business consists primarily of commercial lending and deposit relationships with small businesses and their owners in its market areas and attracting deposits from the general public. The Bank also makes real estate construction and land development loans, consumer loans and originates first mortgage loans on residential properties primarily located in its market areas.</span></div>
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses
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47500000 USD
CY2020Q1 hfwa Accumulated Credit Losses Increase Decrease Percentageto Loans Receivable
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0.0101
CY2019Q4 hfwa Accumulated Credit Losses Increase Decrease Percentageto Loans Receivable
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-0.0096
CY2020Q1 hfwa Accumulated Credit Losses Increase Decrease Percentageto Loans Receivable
AccumulatedCreditLossesIncreaseDecreasePercentagetoLoansReceivable
0.0123
CY2020Q1 hfwa Financing Receivable Purchase Discount Premium
FinancingReceivablePurchaseDiscountPremium
10000000.0 USD
CY2019 hfwa Financing Receivable Purchase Discount Premium
FinancingReceivablePurchaseDiscountPremium
8400000 USD
CY2020Q1 hfwa Financing Receivable Purchase Discount Premium
FinancingReceivablePurchaseDiscountPremium
9000000.0 USD
CY2020Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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937828000 USD
CY2020Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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26470000 USD
CY2020Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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3206000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Securities
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961092000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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939160000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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14660000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1508000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
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952312000 USD
CY2020Q1 us-gaap Trading Securities
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0 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
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33547000 USD
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33806000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
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162455000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
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166232000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
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255123000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
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263149000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
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486703000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
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497905000 USD
CY2020Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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937828000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Securities
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961092000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
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96353000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
2312000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
56963000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
894000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position
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153316000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
3206000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
145676000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
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558000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
107451000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
950000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
253127000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
1508000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
1028000 USD
CY2019Q1 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
89000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
14000 USD
CY2019Q1 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
74000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Realized Gain Loss
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1014000 USD
CY2019Q1 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
15000 USD
CY2020Q1 us-gaap Deposit Liabilities Collateral Issued Financial Instruments
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227154000 USD
CY2020Q1 us-gaap Pledged Assets Separately Reported Securities Pledged As Collateral At Fair Value
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232918000 USD
CY2019Q4 us-gaap Deposit Liabilities Collateral Issued Financial Instruments
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229189000 USD
CY2019Q4 us-gaap Pledged Assets Separately Reported Securities Pledged As Collateral At Fair Value
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232917000 USD
CY2020Q1 us-gaap Accrued Investment Income Receivable
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3900000 USD
CY2019Q4 us-gaap Accrued Investment Income Receivable
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3700000 USD
CY2020Q1 hfwa Number Of Loan Segments
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4 segment
CY2020Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
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3852376000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
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3767879000 USD
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses
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47540000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
36171000 USD
CY2020Q1 us-gaap Loans And Leases Receivable Net Reported Amount
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3804836000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Net Reported Amount
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3731708000 USD
CY2020Q1 hfwa Concentration Risk Percentage Greater Than Ten Percent
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0
CY2020Q1 us-gaap Concentration Risk Percentage1
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0.10
CY2020Q1 us-gaap Financing Receivable Originated In Current Fiscal Year
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140558000 USD
CY2020Q1 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
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796450000 USD
CY2020Q1 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
527214000 USD
CY2020Q1 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
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460319000 USD
CY2020Q1 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
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471898000 USD
CY2020Q1 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
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1028158000 USD
CY2020Q1 us-gaap Financing Receivable Revolving
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425539000 USD
CY2020Q1 hfwa Financing Receivablerevolvingconvertedto Term Loans
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2240000 USD
CY2020Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
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3852376000 USD
CY2019Q4 hfwa Financing Receivables Pass Rated
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3625083000 USD
CY2019Q4 hfwa Financing Receivables Oaem Rated
FinancingReceivablesOaemRated
48859000 USD
CY2019Q4 hfwa Financing Receivables Substandard Rated
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93413000 USD
CY2019Q4 hfwa Financing Receivables Doubtful Rated
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524000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
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3767879000 USD
CY2020Q1 hfwa Potential Problem Loans Receivable
PotentialProblemLoansReceivable
102200000 USD
CY2019Q4 hfwa Potential Problem Loans Receivable
PotentialProblemLoansReceivable
87800000 USD
CY2020Q1 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
31020000 USD
CY2020Q1 hfwa Financing Receivable Nonaccrualwith Allowance
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3143000 USD
CY2020Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
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34163000 USD
CY2019Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
44525000 USD
CY2020Q1 us-gaap Financing Receivable Purchased With Credit Deterioration Discount Premium
FinancingReceivablePurchasedWithCreditDeteriorationDiscountPremium
2500000 USD
CY2020Q1 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
14113000 USD
CY2020Q1 us-gaap Financing Receivable Recorded Investment Current
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3838263000 USD
CY2020Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
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3852376000 USD
CY2019Q4 us-gaap Certain Loans And Debt Securities Acquired In Transfer With Related Allowance For Credit Losses Due To Subsequent Impairment
CertainLoansAndDebtSecuritiesAcquiredInTransferWithRelatedAllowanceForCreditLossesDueToSubsequentImpairment
18110000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
3767879000 USD
CY2020Q1 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0 USD
CY2020Q1 us-gaap Loans And Leases Receivable Collateral For Secured Borrowings
LoansAndLeasesReceivableCollateralForSecuredBorrowings
35836000 USD
CY2019Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
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39646000 USD
CY2019Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
17835000 USD
CY2019Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
57481000 USD
CY2019Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
59837000 USD
CY2019Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
2143000 USD
CY2019Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
36943000 USD
CY2020Q1 hfwa Financing Receivable Modifications Accruing Recorded Investment
FinancingReceivableModificationsAccruingRecordedInvestment
19309000 USD
CY2020Q1 hfwa Financing Receivable Modifications Non Accruing Recorded Investment
FinancingReceivableModificationsNonAccruingRecordedInvestment
19980000 USD
CY2019Q4 hfwa Financing Receivable Modifications Accruing Recorded Investment
FinancingReceivableModificationsAccruingRecordedInvestment
14469000 USD
CY2019Q4 hfwa Financing Receivable Modifications Non Accruing Recorded Investment
FinancingReceivableModificationsNonAccruingRecordedInvestment
26338000 USD
CY2020Q1 hfwa Allowancefor Loan Credit Losseson Financing Receivable Modifications Accruing Recorded Investment
AllowanceforLoanCreditLossesonFinancingReceivableModificationsAccruingRecordedInvestment
1519000 USD
CY2020Q1 hfwa Allowancefor Loan Credit Losseson Financing Receivable Modifications Non Accruing Recorded Investment
AllowanceforLoanCreditLossesonFinancingReceivableModificationsNonAccruingRecordedInvestment
223000 USD
CY2019Q4 hfwa Allowancefor Loan Losseson Financing Receivable Modifications Accruing Recorded Investment
AllowanceforLoanLossesonFinancingReceivableModificationsAccruingRecordedInvestment
1259000 USD
CY2019Q4 hfwa Allowancefor Loan Losseson Financing Receivable Modifications Non Accruing Recorded Investment
AllowanceforLoanLossesonFinancingReceivableModificationsNonAccruingRecordedInvestment
218000 USD
CY2020Q1 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
3000000.0 USD
CY2019Q4 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
736000 USD
CY2020Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
11 Contract
CY2019Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
920000 USD
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses Effect Of Change In Method
FinancingReceivableAllowanceForCreditLossesEffectOfChangeInMethod
1822000 USD
CY2020Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
37993000 USD
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1597000 USD
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
1180000 USD
CY2020Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
9964000 USD
CY2020Q1 hfwa Financing Receivable Allowancefor Credit Loss Writeoff Net
FinancingReceivableAllowanceforCreditLossWriteoffNet
-417000 USD
CY2020Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
10000000.0 USD
CY2020Q1 hfwa Provisionfor Loanand Lease Losses Increase Decrease Percentage
ProvisionforLoanandLeaseLossesIncreaseDecreasePercentage
0.262
CY2019Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Outstanding Balance
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesOutstandingBalance
20950000 USD
CY2019Q4 us-gaap Certain Loans And Debt Securities Acquired In Transfer With Related Allowance For Credit Losses Due To Subsequent Impairment
CertainLoansAndDebtSecuritiesAcquiredInTransferWithRelatedAllowanceForCreditLossesDueToSubsequentImpairment
18110000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
36171000 USD
CY2018Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
35042000 USD
CY2019Q1 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
704000 USD
CY2019Q1 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
894000 USD
CY2019Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
36152000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
2143000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
31759000 USD
CY2019Q4 us-gaap Certain Loans And Debt Securities Acquired In Transfer Allowance For Credit Losses Due To Subsequent Impairment
CertainLoansAndDebtSecuritiesAcquiredInTransferAllowanceForCreditLossesDueToSubsequentImpairment
2269000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
36171000 USD
CY2019Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
57481000 USD
CY2019Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
3692288000 USD
CY2019Q4 hfwa Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmount
18110000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
3767879000 USD
CY2019Q4 us-gaap Other Real Estate
OtherRealEstate
841000 USD
CY2018Q4 us-gaap Other Real Estate
OtherRealEstate
1983000 USD
CY2020Q1 us-gaap Other Real Estate Additions
OtherRealEstateAdditions
270000 USD
CY2019Q1 us-gaap Other Real Estate Additions
OtherRealEstateAdditions
0 USD
CY2020Q1 us-gaap Other Real Estate Disposals
OtherRealEstateDisposals
266000 USD
CY2019Q1 us-gaap Other Real Estate Disposals
OtherRealEstateDisposals
79000 USD
CY2020Q1 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-4000 USD
CY2019Q1 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
0 USD
CY2020Q1 us-gaap Other Real Estate
OtherRealEstate
841000 USD
CY2019Q1 us-gaap Other Real Estate
OtherRealEstate
1904000 USD
CY2020Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
16613000 USD
CY2018Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
20614000 USD
CY2020Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
903000 USD
CY2019Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1025000 USD
CY2020Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
15710000 USD
CY2019Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
19589000 USD
CY2020Q1 us-gaap Junior Subordinated Notes
JuniorSubordinatedNotes
20700000 USD
CY2019Q4 us-gaap Junior Subordinated Notes
JuniorSubordinatedNotes
20600000 USD
CY2020Q1 hfwa Adjustablerateoftrustpreferredsecurities
Adjustablerateoftrustpreferredsecurities
0.0301
CY2020Q1 hfwa Repurchase Agreements Maturity Period
RepurchaseAgreementsMaturityPeriod
P1D
CY2020Q1 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Maximum Amount Available
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresMaximumAmountAvailable
898500000 USD
CY2020Q1 us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:48px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">The following table presents the Company's securities sold under agreement to repurchase obligations by class of collateral pledged at the dates indicated:</span></div><div style="line-height:120%;padding-top:6px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8"/></tr><tr><td style="width:73%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;font-weight:bold;">March 31, 2020</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;font-weight:bold;">December 31, 2019</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;font-weight:bold;">(In thousands)</span></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-left:24px;text-indent:-24px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">Mortgage-backed securities and collateralized mortgage obligations </span><span style="font-family:Arial;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(1)</sup></span><span style="font-family:Arial;font-size:10pt;">:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;padding-left:18px;text-indent:-18px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">Residential</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;"><span>2,621</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;"><span>8,452</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;padding-left:18px;text-indent:-18px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">Commercial</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;"><span>9,171</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;"><span>11,717</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">Securities sold under agreement to repurchase</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;"><span>11,792</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;"><span>20,169</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div></div><div style="line-height:120%;padding-left:60px;text-indent:-12px;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(1)</sup></span><span style="font-family:Arial;font-size:9pt;"> Issued and guaranteed by U.S. Government-sponsored agencies.</span></div>
CY2020Q1 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
11792000 USD
CY2019Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
20169000 USD
CY2020Q1 us-gaap Federal Home Loan Bank Advances Branch Of Fhlb Bank Amount Of Advances By Branch
FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfAdvancesByBranch
0 USD
CY2020Q1 us-gaap Federal Home Loan Bank Advances Activity For Year Average Balance Of Agreements Outstanding
FederalHomeLoanBankAdvancesActivityForYearAverageBalanceOfAgreementsOutstanding
989000 USD
CY2019 us-gaap Federal Home Loan Bank Advances Activity For Year Average Balance Of Agreements Outstanding
FederalHomeLoanBankAdvancesActivityForYearAverageBalanceOfAgreementsOutstanding
1849000 USD
CY2020Q1 hfwa Federal Home Loan Bank Advances Activity For Period Maximum Outstanding At Any Month End
FederalHomeLoanBankAdvancesActivityForPeriodMaximumOutstandingAtAnyMonthEnd
0 USD
CY2019 hfwa Federal Home Loan Bank Advances Activity For Period Maximum Outstanding At Any Month End
FederalHomeLoanBankAdvancesActivityForPeriodMaximumOutstandingAtAnyMonthEnd
25000000 USD
CY2020Q1 us-gaap Federal Home Loan Bank Advances Activity For Year Average Interest Rate For Year
FederalHomeLoanBankAdvancesActivityForYearAverageInterestRateForYear
0.0041
CY2019 us-gaap Federal Home Loan Bank Advances Activity For Year Average Interest Rate For Year
FederalHomeLoanBankAdvancesActivityForYearAverageInterestRateForYear
0.0329
CY2020Q1 hfwa Advance Line Maintainedto Purchase Federal Funds
AdvanceLineMaintainedtoPurchaseFederalFunds
140000000.0 USD
CY2020Q1 us-gaap Federal Funds Purchased
FederalFundsPurchased
0 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
12191000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
16552000 USD
CY2020Q1 hfwa Dividends And Undistributed Earnings
DividendsAndUndistributedEarnings
6000 USD
CY2019Q1 hfwa Dividends And Undistributed Earnings
DividendsAndUndistributedEarnings
27000 USD
CY2020Q1 us-gaap Undistributed Earnings Diluted
UndistributedEarningsDiluted
12185000 USD
CY2019Q1 us-gaap Undistributed Earnings Diluted
UndistributedEarningsDiluted
16525000 USD
CY2020Q1 hfwa Gross Weighted Average Number Of Shares Outstanding Basic
GrossWeightedAverageNumberOfSharesOutstandingBasic
36357812 shares
CY2019Q1 hfwa Gross Weighted Average Number Of Shares Outstanding Basic
GrossWeightedAverageNumberOfSharesOutstandingBasic
36881499 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
15722 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
55967 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36342090 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36825532 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36342090 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36825532 shares
CY2020Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
254551 shares
CY2019Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
185108 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36596641 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37010640 shares
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
21475 shares
CY2019Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
31557 shares
CY2019Q1 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2019-01-23
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
CY2019Q1 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2019-02-07
CY2019Q1 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2019-02-21
CY2019Q2 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2019-04-24
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
CY2019Q2 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2019-05-08
CY2019Q2 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2019-05-22
CY2019Q3 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2019-07-24
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.19
CY2019Q3 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2019-08-08
CY2019Q3 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2019-08-22
CY2019Q4 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2019-10-23
CY2019Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.19
CY2019Q4 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2019-11-07
CY2019Q4 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2019-11-21
CY2020Q1 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2020-01-22
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
CY2020Q1 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2020-02-06
CY2020Q1 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2020-02-20
CY2020Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
17100000 USD
CY2020Q1 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
1123902000 USD
CY2019Q4 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
1212360000 USD
CY2020Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.050
CY2019Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.163
CY2020Q1 hfwa Recognized Tax Benefit
RecognizedTaxBenefit
1000000.0 USD

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