Heritage Bank of Commerce Achieves Top Industry Award

Rhea-AI Summary

Heritage Commerce Corp (Nasdaq: HTBK) announced that its subsidiary, Heritage Bank of Commerce, received the title of “Super Premier Performing Bank” by The Findley Reports, based on 2021 year-end financials. This prestigious designation is awarded to California banks that excel in performance criteria. Heritage Bank has been recognized for over 28 years for its superior service in the San Francisco Bay Area. This accolade highlights the bank's exceptional financial performance and dedication to client service.

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• Heritage Bank of Commerce recognized as a 'Super Premier Performing Bank' by The Findley Reports.
• Accolade based on solid 2021 year-end financial performance.
• Recognition enhances Heritage Bank's reputation among California banks.

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SAN JOSE, Calif., June 08, 2022 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), today announced that its subsidiary, Heritage Bank of Commerce, was rated a “Super Premier Performing Bank” by The Findley Reports. This top designation is based on 2021 year-end financials and awarded to California banks that exceed the Findley performance criteria.

Since 1967, The Findley Reports of Anaheim, California, has provided the banking industry with performance
benchmarking through its annual review. Recipients of these highly regarded designations are recognized throughout the California banking industry as institutions that have achieved exceptional financial performance.

“Heritage Bank of Commerce has been providing superior service to its clients and local communities in the San Francisco Bay Area for more than 28 years, and has established itself as a strong, sound leader in the financial services industry,” said Walter Kaczmarek, President and Chief Executive Officer of Heritage Commerce Corp. “We are proud to have received this recognition, which places us among the top performing banks in California. This accomplishment is the result of our many dedicated professionals focused on serving their customers and achieving the distinction of being among California’s best bankers.”

Heritage Commerce Corp, a bank holding company established in October 1997, is the parent company of Heritage Bank of Commerce, established in 1994 and headquartered in San Jose, CA with full-service branches in Danville, Fremont, Gilroy, Hollister, Livermore, Los Altos, Los Gatos, Morgan Hill, Palo Alto, Pleasanton, Redwood City, San Francisco, San Jose, San Mateo, San Rafael, Sunnyvale, and Walnut Creek. Heritage Bank of Commerce is an SBA Preferred Lender. Bay View Funding, a subsidiary of Heritage Bank of Commerce, is based in San Jose, CA and provides business-essential working capital factoring financing to various industries throughout the United States. For more information, please visit www.heritagecommercecorp.com.

Member FDIC

For additional information, contact:
Debbie Reuter
EVP, Corporate Secretary
Direct: 408-947-6900
Debbie.Reuter@herbank.com

FAQ

What does the 'Super Premier Performing Bank' designation mean for HTBK?

It signifies that Heritage Bank of Commerce excels in financial performance according to The Findley Reports' criteria.

How long has Heritage Bank of Commerce been operating?

Heritage Bank of Commerce has been providing services for over 28 years.

When was Heritage Commerce Corp established?

Heritage Commerce Corp was established in October 1997.

Who is the CEO of Heritage Commerce Corp?

Walter Kaczmarek is the President and Chief Executive Officer of Heritage Commerce Corp.

What is the impact of this recognition on investors of HTBK?

This recognition could bolster investor confidence by highlighting the bank's strong financial performance.