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HTBK| Name | Value |
|---|---|
| Revenues | 52.0M |
| Cost of Revenue | 0.0M |
| Gross Profit | 52.0M |
| Operating Expense | 1.4M |
| Operating I/L | 32.7M |
| Other Income/Expense | -6.8M |
| Interest Income | 56.3M |
| Pretax | 26.6M |
| Income Tax Expense | 7.7M |
| Net Income/Loss | 18.9M |
Heritage Commerce Corp is a bank holding company that operates Heritage Bank of Commerce, offering commercial and personal banking services in California. The company generates revenue through a range of deposit products, including interest and non-interest bearing accounts, certificates of deposit, and time deposits. Its loan portfolio consists of commercial loans, commercial real estate loans, small business administration loans, home equity lines of credit, residential mortgage loans, and consumer loans. Additionally, the company provides various banking services such as cashier's checks, direct deposit, online bill pay, and electronic banking services through its 17 full-service branch offices in the San Francisco Bay Area.
