Heritage Bank of Commerce

Branches

Click on location and enter new zip number to change.
Your current location is: Connecticut, Fairfield
View Branches Statewide →

View Branches Nationwide →

Heritage Bank of Commerce Locations

Deposit Rates - April 16, 2021

CD RATES APY MIN MAX
6 Mo CD
0.05% $10,000 $14,999 Compare
6 Mo CD
0.15% $100,000 $199,999 Compare
12 Mo CD
0.10% $10,000 $14,999 Compare
12 Mo CD
0.20% $100,000 $199,999 Compare
24 Mo CD
0.20% $10,000 $14,999 Compare
24 Mo CD
0.25% $100,000 $199,999 Compare
36 Mo CD
0.30% $10,000 $14,999 Compare
36 Mo CD
0.35% $100,000 $199,999 Compare
MM RATES APY MIN MAX
Money Market
0.05% $2,500 $2,999 Compare
Money Market
0.05% $10,000 $14,999 Compare
Money Market
0.05% $25,000 $29,999 Compare
FIXED IRA RATES APY MIN MAX
Fixed IRA
0.10% $1 $999
INT CHECKING RATES APY MIN MAX
Int Ckg
0.02% $2,500 $3,499

Overview 2021

General Bank Information

FDIC Insured Yes
FDIC Certificate # 33905
Date Established 1994
Assets $ 4.63 billion
Loans $ 2.58 billion
Deposits $ 3.93 billion
Capital $ 595.68 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 1,131.07 million
Interest-bearing balances $ 1,100.48 million
Total securities $ 533.16 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 2.58 billion
Loan loss allowance $ 44.40 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 184.83 million
All other assets $ 160.28 million
     Total Assets $ 4.04 billion

LIABILITIES
Total deposits $ 3.93 billion
      Interest-bearing deposits $ 2.25 billion
      Deposits held in domestic offices $ 3.93 billion
      % insured (estimated) 40.03%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 101.69 millionn
      Total Liabilities $ 4.04 billion
      Shareholders’ Equity $ 595.68 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 150.79 million
Total Interest Expense $ 6.26 million
Net interest income $ 144.53 million
Provision for loan and lease losses $ 13.23 million
Total non interest income $ 9.35 million
Total non interest expense $ 86.27 million
Pre-tax Net Operating Income $ 54.38 million

Heritage Bank of Commerce is an FDIC insured institution headquartered at 224 Airport Parkway, San Jose, CA 95110.
It was founded in 1994 and has approximately $5 billion in assets. Customers can open an account at one of its 13 branches.