Financial HighlightsHERITAGE COMMERCE CORP (NASDAQ - HTBK)  
 2018 FQ2 YTD2017 FY2016 FY2015 FY2014 FY
Period Ended6/30/201812/31/201712/31/201612/31/201512/31/2014
Balance Sheet ($000)   
Total Assets3,123,2072,843,4522,570,8802,361,5791,617,103
Total Net Loans1,935,7141,566,4281,489,2231,347,0871,071,436
Total Deposits2,683,6192,482,9892,262,1402,062,7751,388,386
Equity Attributable to Parent Company346,269271,239259,850245,436184,358
Total Equity346,269271,239259,850245,436184,358
Profitability (%)   
Net Income ($000) 9,72423,82827,38116,49713,427
Net Income Attributable to Parent ($000) 9,72423,82827,38116,49713,427
ROAA0.670.861.130.860.88
Core ROAA1.101.171.111.090.95
ROAE6.468.8610.718.047.44
ROATCE8.6211.3913.469.087.23
Core ROAE10.6512.0010.5510.208.03
Net Interest Margin4.193.994.124.414.10
Reported: Net Interest Margin4.223.994.124.414.10
Efficiency Ratio52.7352.2455.0259.7964.44
Noninterest Inc / Operating Rev7.128.659.359.8511.81
Balance Sheet Ratios (%)   
Loans / Deposits72.9163.7466.4265.8778.41
Securities / Assets23.9328.4225.1221.4719.31
Total Equity / Total Assets11.099.5410.1110.3911.40
Tangible Equity / Tangible Assets8.257.888.238.2910.50
Tang Common Equity / Tang Assets8.257.888.237.449.28
Asset Quality (%)   
NPAs / Assets0.840.090.130.220.42
NPA Excl Restructured / Assets0.830.080.130.220.41
NPAs & 90+ PD / Assets0.860.100.130.290.42
NPAs / Loans & REO1.340.160.230.380.62
Nonaccrual & 90+ & OREO / Assets0.850.090.130.290.41
NPAs & 90+ PD / Loans & REO1.370.170.230.500.62
NPA & Loans 90+ / Tangible Common Equity + LLR9.711.161.513.614.03
NCOs / Avg Loans0.08(0.03)0.08(0.04)0.05
Loan Loss Reserves / Gross Loans1.361.241.271.391.69
Reserves / NPAs101.39774.24558.32361.94273.58
Loan Loss Provision / NCONMNM115.18NM(75.62)
Capital Adequacy  ()  
Tier 1 Common Capital (CET1) ($000) 257,349229,258214,924181,222149,759
Tier 1 Capital ($000) 257,349229,258214,924199,299169,278
Tier 2 Capital ($000) 66,63959,49619,70519,616NA
Total Capital ($000) 323,988288,754234,629218,915186,068
Total Risk-weighted Assets ($000) 2,405,7122,003,6521,876,7321,750,5151,341,094
Tier 1 Common Capital (CET1) Ratio (%) 10.7011.4011.4510.3511.17
Tier 1 Ratio (%) 10.7011.4011.4511.3912.62
Total Capital Ratio (%) 13.4514.4012.5012.5113.87
Liquidity Coverage Ratio (%) NANANANANA
Leverage Ratio (%) 8.708.008.548.5810.59
Basel III Leverage Ratio (%) NANANANANA
Per Share Information ($)   
Common Shares Outstanding (actual) 43,222,18438,200,88337,941,00732,113,47926,503,505
Avg Diluted Shares (actual) 40,660,08338,610,81534,219,12128,786,07826,526,282
Basic Book Value per Share8.017.106.857.036.22
As-reported Book Value per Share8.017.106.857.036.22
Basic Tangible Book Value per Share5.775.765.465.355.60
Reported: Tangible Book Value5.775.765.465.355.60
Common Dividends Declared per Share0.220.400.360.320.18
EPS after Extra0.240.620.720.480.42
EPS after Extra Growth (%) (33.3)(13.9)50.0014.3016.70
Core EPS0.400.840.710.630.46
Core EPS Growth (%) 5.9018.6011.7037.6024.20
Diluted EPS before Amortization0.260.660.770.520.44
Pre-Provision Earnings per Share0.540.860.740.640.45

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