Heritage Bank
Olympia, WA
IDRSSD: 881478
Total Assets
$7.01B
Latest filing
Total Deposits
$5.86B
Latest filing
Net Interest Margin
3.72%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Heritage Bank
201 5th Ave Sw
Olympia, WA 98501
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1927FDIC Certificate 41846
Branches (49)
Page 1 of 7| Name | Address | City / State |
|---|---|---|
| Heritage Bank (Main) | 201 5th Ave Sw | Olympia, WA |
| SHORELINE BRANCH | 20333 Ballinger Way Ne | Shoreline, WA |
| COUPEVILLE BRANCH | 401 N Main St | Coupeville, WA |
| TOPPENISH BRANCH | 537 W 2nd Ave | Toppenish, WA |
| PUYALLUP EAST MAIN BRANCH | 1307 E Main | Puyallup, WA |
| LONGVIEW BRANCH | 927 Commerce Ave | Longview, WA |
| OAK HARBOR BRANCH | 450 Sw Bayshore Dr | Oak Harbor, WA |
| CAMANO ISLAND BRANCH | 165 Mcelroy Dr | Camano Island, WA |
Showing 7 of 49
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/01/1927 |
| Community Bank | No |
| Ownership Type | Not Mutual |
| ZIP | 98501 |
| State and County Number | 53067 |
| Subchapter S Corporations | No |
| Trust Powers | Trust Powers Not Granted |
| Federal Reserve ID Number | 12 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | San Francisco |
| Core Based Statistical Area Name | Olympia-Lacey-Tumwater, WA |
Operational Info
| Number of Employees | 747 |
| Domestic Offices | 50 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 09/08/2023 |
| Date of Deposit Insurance | 08/09/1989 |
| Primary Insurance Agency | DIF |
| Website | www.heritagebanknw.com |
| Data Updated | 11/14/2025 |
| CERT | 29012 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $7.01B |
| Total Deposits | $5.86B |
| Total Liabilities | $6.09B |
| Total Equity Capital | $915.85M |
| Net Income | $21.31M |
| Net Loans and Leases | $4.72B |
| Assets Per Employee ($Millions) | $9.4M |
| Bank Premises and Fixed Assets | $91.09M |
| Cash and Balances due from Depository Institutions | $245.49M |
| Deposits Held in Domestic Offices | $5.86B |
Key Performance Ratios
| Return on Assets (ROA) | 1.21% |
| Return on Equity (ROE) | 9.37% |
| Net Interest Margin | 3.72% |
| Efficiency Ratio | 59.26% |
| Tier 1 Risk-Based Capital Ratio | 12.671% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.1% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 13.072% |
| Earning Assets to total Assets | 88.49% |
Income and Expense
| Total Interest Income | $79.51M |
| Total Noninterest Income | $8.69M |
| Total Interest Expense | $21.66M |
| Total Noninterest Expense | $39.71M |
| Net Interest Income | $57.84M |
| Pre-tax Net Operating Income | $25.05M |
| Provision for Credit Losses | $1.77M |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $138.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $89.11M |
| Total Liabilities and Capital | $7.01B |
Securities
| Securities | $1.31B |
| Available-for-sale debt securities | $631.23M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $681.63M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Heritage Bank?
$7.01B as of the latest filing.
How much are Heritage Bank's total deposits?
$5.86B in total deposits.
Where is Heritage Bank located?
Olympia, WA.
What is the Net Interest Margin?
3.72%.
How many domestic offices does it operate?
50.
When was it established?
01/01/1927.
What is the Return on Assets (ROA)?
1.21%.
How much are total loans and leases?
$4.72B (latest filing).
What is the total interest income (latest filing)?
$79.51M.