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Heritage Financial Corporation (Parent Company Only) (Tables)
 12 Months Ended
Dec. 31, 2023
Condensed Financial Information Disclosure [Abstract]  
Schedule of Condensed Statements of Financial Condition, Parent Company Only
HERITAGE FINANCIAL CORPORATION
(PARENT COMPANY ONLY)
Condensed Statements of Financial Condition 
 December 31, 2023December 31, 2022
 (Dollars in thousands)
ASSETS
Cash and cash equivalents$15,752 $12,926 
Investment in subsidiary bank856,460 804,123 
Other assets3,455 2,838 
Total assets$875,667 $819,887 
LIABILITIES AND STOCKHOLDERS’ EQUITY
Junior subordinated debentures$21,765 $21,473 
Other liabilities641 521 
Total stockholders’ equity853,261 797,893 
Total liabilities and stockholders’ equity$875,667 $819,887 
Schedule of Condensed Statements of Income, Parent Company Only
HERITAGE FINANCIAL CORPORATION
(PARENT COMPANY ONLY)
Condensed Statements of Income 
 Year Ended December 31,
 202320222021
 (Dollars in thousands)
INTEREST INCOME:
Interest on interest earning deposits$26 $15 $30 
INTEREST EXPENSE:
Junior subordinated debentures2,074 1,156 742 
Net interest expense(2,048)(1,141)(712)
NONINTEREST INCOME:
Dividends from subsidiary bank43,500 44,000 46,000 
Equity in undistributed income of subsidiary bank24,963 43,507 57,058 
Other income192 33 117 
Total noninterest income68,655 87,540 103,175 
NONINTEREST EXPENSE:
Professional services455 476 394 
Other expense6,282 5,631 5,430 
Total noninterest expense6,737 6,107 5,824 
Income before income taxes59,870 80,292 96,639 
Income tax benefit(1,885)(1,583)(1,396)
Net income$61,755 $81,875 $98,035 
Schedule of Condensed Statements of Cash Flows, Parent Company Only
HERITAGE FINANCIAL CORPORATION
(PARENT COMPANY ONLY)
Condensed Statements of Cash Flows 
 Year Ended December 31,
 202320222021
 (Dollars in thousands)
Cash flows from operating activities:
Net income$61,755 $81,875 $98,035 
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed income of subsidiary bank(24,963)(43,507)(57,058)
Stock-based compensation expense4,325 3,795 3,666 
Net change in other assets and other liabilities(497)(63)960 
Net cash provided by operating activities40,620 42,100 45,603 
Cash flows from financing activities:
Common stock cash dividends paid(30,820)(29,491)(28,937)
Repurchase of common stock(6,974)(3,196)(22,889)
Net cash used in financing activities(37,794)(32,687)(51,826)
Net (decrease) increase in cash and cash equivalents2,826 9,413 (6,223)
Cash and cash equivalents at the beginning of year12,926 3,513 9,736 
Cash and cash equivalents at the end of year$15,752 $12,926 $3,513