BlastPoint's Banking Scorecard
Heritage Bank
Mid-Market
Specialty: Commercial
WA
FDIC cert 29012
Olympia, WA
201
banks in Mid-Market tier nationally
3 in WA
View Mid-Market leaderboard (WA) →
Heritage Bank faces 1 concern requiring attention
Key Strengths
Areas where this bank excels compared to peers
No key strengths identified
Key Concerns
Areas that may need attention
- - Flatlined Growth: Bottom 19% in Mid-Market
Core Metrics
As of 2025-Q4
| Metric | Current | vs Tier | Tier Avg | State Avg (WA) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$7.0B
-2.0% YoY
-0.6% QoQ
|
-$3.5B |
$10.5B
+2.9% YoY
|
$3.0B
+0.9% YoY
|
$5.9B
+6.5% YoY
|
32% |
| Total Loans ? |
$4.7B
-0.4% YoY
+0.3% QoQ
|
-$2.4B |
$7.1B
+4.5% YoY
|
$2.1B
+0.7% YoY
|
$3.1B
+8.5% YoY
|
32% |
| Total Deposits ? |
$5.9B
+4.2% YoY
+1.1% QoQ
|
-$2.6B |
$8.5B
+3.0% YoY
|
$2.5B
+2.4% YoY
|
$4.7B
+6.3% YoY
|
36% |
| Return on Assets ? |
1.07%
+50.8% YoY
+10.7% QoQ
|
-0.10% |
1.16%
+9.4% YoY
|
0.73%
+12.9% YoY
|
1.12%
+15.6% YoY
|
41% |
| Net Interest Margin ? |
3.63%
+7.5% YoY
+1.5% QoQ
|
+0.23% |
3.40%
+7.9% YoY
|
3.82%
+5.9% YoY
|
3.75%
+7.1% YoY
|
58% |
| Efficiency Ratio ? |
60.67%
-2.4% YoY
-0.9% QoQ
|
+4.07% |
56.60%
-3.2% YoY
|
71.57%
-0.7% YoY
|
65.09%
-5.1% YoY
|
33% |
| Delinquency Rate ? |
0.45%
+303.0% YoY
+0.7% QoQ
|
-0.24% |
0.68%
+12.0% YoY
|
0.58%
+11.6% YoY
|
0.66%
+20.3% YoY
|
63% |
| Loan-to-Deposit Ratio ? |
79.81%
-4.4% YoY
-0.8% QoQ
|
-5.66% |
85.47%
+1.1% YoY
|
86.62%
+0.7% YoY
|
78.04%
+0.7% YoY
|
69% |
| Non-Interest-Bearing Deposit Share ? |
27.07%
-7.2% YoY
-2.2% QoQ
|
+6.43% |
20.64%
-0.3% YoY
|
25.62%
-3.7% YoY
|
21.79%
-1.3% YoY
|
73% |
| Nonperforming Asset Ratio ? |
0.30%
+309.4% YoY
+1.7% QoQ
|
-0.19% |
0.50%
+7.3% YoY
|
0.45%
+3.2% YoY
|
0.48%
+20.8% YoY
|
67% |
| Tier 1 Capital Ratio ? |
12.95%
+5.5% YoY
+2.2% QoQ
|
-0.60% |
13.55%
+1.8% YoY
|
9.41%
-4.6% YoY
|
9.75%
-1.9% YoY
|
49% |
| Non-Interest Income / Assets ? |
0.49%
+9.5% YoY
+33.3% QoQ
|
-0.47% |
0.96%
+7.1% YoY
|
0.77%
+3.5% YoY
|
0.65%
+0.6% YoY
|
32% |
Signature Analysis
Strengths (0)
No strengths identified
Concerns (1)
Flatlined Growth
risk
#9 of 44 · Bottom 19% in Mid-Market
Asset growth stalled (-2% to +2% YoY) despite healthy profitability (>0.25% ROA). Suggests untapped opportunity or strategic drift worth investigating.
Why this signature
Return on Assets:
1.07%
(Tier: 1.16%, National: 1.12%)
44 of 44 Mid-Market banks match
·
308 nationally
↓ Shrinking
-35 banks QoQ
|
QoQ rank declining
Metric Rankings
How this bank ranks across all 12 tracked metrics. Switch cohort to compare against different peer sets.
Strengths: Metrics in the top 25% (75th percentile or higher) Concerns: Metrics in the bottom 25%
Top Strengths
73
73th pctile
Non-Interest-Bearing Deposit Share
Current: 27.07% · Tier avg: 20.64%
69
69th pctile
Loan-to-Deposit Ratio
Current: 79.81% · Tier avg: 85.47%
67
67th pctile
Nonperforming Asset Ratio
Current: 0.30% · Tier avg: 0.50%
63
63th pctile
Delinquency Rate
Current: 0.45% · Tier avg: 0.68%
58
58th pctile
Net Interest Margin
Current: 3.63% · Tier avg: 3.40%
49
49th pctile
Tier 1 Capital Ratio
Current: 12.95% · Tier avg: 13.55%
41
41th pctile
Return on Assets
Current: 1.07% · Tier avg: 1.16%
36
36th pctile
Total Deposits
Current: $5.9B · Tier avg: $8.5B
33
33th pctile
Efficiency Ratio
Current: 60.67% · Tier avg: 56.60%
32
32th pctile
Total Assets
Current: $7.0B · Tier avg: $10.5B
32
32th pctile
Total Loans
Current: $4.7B · Tier avg: $7.1B
32
32th pctile
Non-Interest Income / Assets
Current: 0.49% · Tier avg: 0.96%
Top Weaknesses
32
32th pctile
Non-Interest Income / Assets
Current: 0.49% · Tier avg: 0.96%
32
32th pctile
Total Loans
Current: $4.7B · Tier avg: $7.1B
32
32th pctile
Total Assets
Current: $7.0B · Tier avg: $10.5B
33
33th pctile
Efficiency Ratio
Current: 60.67% · Tier avg: 56.60%
36
36th pctile
Total Deposits
Current: $5.9B · Tier avg: $8.5B
41
41th pctile
Return on Assets
Current: 1.07% · Tier avg: 1.16%
49
49th pctile
Tier 1 Capital Ratio
Current: 12.95% · Tier avg: 13.55%
58
58th pctile
Net Interest Margin
Current: 3.63% · Tier avg: 3.40%
63
63th pctile
Delinquency Rate
Current: 0.45% · Tier avg: 0.68%
67
67th pctile
Nonperforming Asset Ratio
Current: 0.30% · Tier avg: 0.50%
69
69th pctile
Loan-to-Deposit Ratio
Current: 79.81% · Tier avg: 85.47%
73
73th pctile
Non-Interest-Bearing Deposit Share
Current: 27.07% · Tier avg: 20.64%