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Taking stock in South Sound

 

Heritage Financial Corp.

CHRIS CLOUGH, THE OLYMPIAN

Originally published October 7, 2001

Heritage Financial Corp.

- Operates two independent community banks, Heritage Bank in South Sound and Central Valley Bank in Eastern Washington

- Headquarters: 201 Fifth Ave. S.W., Olympia

- Telephone: 360-943-1500

- Heritage Financial Corp. chairman, president and CEO: Donald Rhodes

- Heritage Bank president: Brian Vance

- Central Valley Bank president: D. Michael Broadhead

- Stock: Traded on the Nasdaq under the symbol HFWA

Friday's closing price: $11.08, down $0.17 on volume of 3,200. Average daily trading volume is 7,136 shares.

- 52-week high: $11.98

- 52-week low: $8.69

- Total assets: $590.8 million at the end of the fiscal quarter ending June 30. $574 million at the end of fiscal year 2000.

- Net income: $1.284 million for the fiscal quarter ending June 30. $5.974 million for 2000.

- Initial public offering: January 1998 at $10 a share on Nasdaq. Net proceeds were $63 million.

- Annual shareholders meeting: Fiscal year ends Jan. 31 and the annual meeting is in April or May.

 

The Olympian Copyright 2001

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