Financial HighlightsHERITAGE COMMERCE CORP (NASDAQ - HTBK)  
 2017 FY2016 FY2015 FY2014 FY2013 FY
Period Ended12/31/201712/31/201612/31/201512/31/201412/31/2013
Balance Sheet ($000)   
Total Assets2,843,4522,570,8802,361,5791,617,1031,491,632
Total Net Loans1,566,4281,489,2231,347,0871,071,436898,897
Total Deposits2,482,9892,262,1402,062,7751,388,3861,286,221
Equity Attributable to Parent Company271,239259,850245,436184,358173,396
Total Equity271,239259,850245,436184,358173,396
Profitability (%)   
Net Income ($000) 23,82827,38116,49713,42711,540
Net Income Attributable to Parent ($000) 23,82827,38116,49713,42711,540
ROAA0.861.130.860.880.81
Core ROAA0.911.111.090.950.83
ROAE8.8610.718.047.446.77
ROATCE11.3913.469.087.236.59
Core ROAE9.3510.5510.208.036.94
Net Interest Margin3.994.124.414.103.84
Reported: Net Interest Margin3.994.124.414.103.84
Efficiency Ratio52.2455.0259.7964.4469.17
Noninterest Inc / Operating Rev8.659.359.8511.8112.51
Balance Sheet Ratios (%)   
Loans / Deposits63.7466.4265.8778.4171.13
Securities / Assets28.4225.1221.4719.3125.91
Total Equity / Total Assets9.5410.1110.3911.4011.62
Tangible Equity / Tangible Assets7.888.238.2910.5011.53
Tang Common Equity / Tang Assets7.888.237.449.2810.22
Asset Quality (%)   
NPAs / Assets0.090.130.220.420.80
NPA Excl Restructured / Assets0.080.130.220.410.80
NPAs & 90+ PD / Assets0.100.130.290.420.83
NPAs / Loans & REO0.160.230.380.621.30
Nonaccrual & 90+ & OREO / Assets0.090.130.290.410.83
NPAs & 90+ PD / Loans & REO0.170.230.500.621.35
NPA & Loans 90+ / Tangible Common Equity + LLR1.161.513.614.037.23
NCOs / Avg Loans(0.03)0.08(0.04)0.05(0.11)
Loan Loss Reserves / Gross Loans1.241.271.391.692.09
Reserves / NPAs774.24558.32361.94273.58161.03
Loan Loss Provision / NCONM115.18NM(75.62)NM
Capital Adequacy  ()  
Tier 1 Common Capital (CET1) ($000) 229,258214,924181,222149,759145,643
Tier 1 Capital ($000) 229,258214,924199,299169,278165,162
Tier 2 Capital ($000) 59,49619,70519,616NANA
Total Capital ($000) 288,754234,629218,915186,068179,916
Total Risk-weighted Assets ($000) 2,003,6521,876,7321,750,5151,341,0941,175,813
Tier 1 Common Capital (CET1) Ratio (%) 11.4011.4510.3511.1712.39
Tier 1 Ratio (%) 11.4011.4511.3912.6214.05
Total Capital Ratio (%) 14.4012.5012.5113.8715.30
Liquidity Coverage Ratio (%) NANANANANA
Leverage Ratio (%) 8.008.548.5810.5911.18
Basel III Leverage Ratio (%) NANANANANA
Per Share Information ($)   
Common Shares Outstanding (actual) 38,200,88337,941,00732,113,47926,503,50526,350,938
Avg Diluted Shares (actual) 38,610,81534,219,12128,786,07826,526,28226,386,452
Basic Book Value per Share7.106.857.036.225.84
As-reported Book Value per Share7.106.857.036.225.84
Basic Tangible Book Value per Share5.765.465.355.605.78
Reported: Tangible Book Value5.765.465.355.605.78
Common Dividends Declared per Share0.400.360.320.180.06
EPS after Extra0.620.720.480.420.36
EPS after Extra Growth (%) (13.9)50.0014.3016.7033.30
Core EPS0.650.710.630.460.37
Core EPS Growth (%) (7.5)11.7037.6024.2029.00
Diluted EPS before Amortization0.660.770.520.440.38
Pre-Provision Earnings per Share0.860.740.640.450.34

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