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Heritage Commerce Corp (HTBK)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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11.97+0.12 (+1.01%)
At close: 04:00PM EDT
12.44 +0.47 (+3.92%)
After hours: 07:13PM EDT
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Heritage Commerce Corp

224 Airport Parkway
San Jose, CA 95110
United States
408 947 6900
https://www.heritagecommercecorp.com

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees332

Key Executives

NameTitlePayExercisedYear Born
Mr. Robertson JonesPres, CEO & Director589.02k310.85k1971
Mr. Walter T. KaczmarekDirector1.28MN/A1952
Mr. Lawrence D. McGovernExec. VP & CFO638.7kN/A1955
Mr. Michael V. HansenSr. VP of Corp. Fin. DivisionN/AN/AN/A
Mr. Jeffrey JavitsEVP & Chief Information OfficerN/AN/AN/A
Ms. Deborah K. ReuterExec. VP, Chief Risk Officer & Corp. Sec.N/AN/A1954
Diana OlveiraVP and Marketing DirectorN/AN/AN/A
Ms. May K. Y. WongExec. VP & ControllerN/AN/AN/A
Mr. Jeffrey PerkinsSr. VP & Central Coast Regional Mang.N/AN/AN/A
Ms. Teresa L. PowellExec. VP of HOA & Deposit ServicesN/AN/AN/A
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Heritage Commerce Corp operates as the bank holding company for Heritage Bank of Commerce that provides various commercial and personal banking services to residents and the business/professional community in California. Its deposit products for business banking and retail markets include interest and non-interest bearing demand, savings, and money market accounts, as well as certificates of deposit and time deposits. The company's loan portfolio comprises commercial loans, such as operating secured and unsecured loans advanced for working capital, equipment purchases, and other business purposes; commercial real estate loans; commercial construction loans for rental properties, commercial buildings, and homes; small business administration loans; home equity lines of credit; multifamily loans on residential properties; residential mortgage loans; and consumer loans consisting of loans for financing automobiles, various consumer goods, and other personal purposes. In addition, it offers other banking services, including cashier's checks, bank by mail, night depositories, safe deposit boxes, direct deposit, automated payroll, electronic funds transfer, online bill pay, homeowner association, remote deposit capture, automated clearing house origination, electronic data interchange, and check imaging services, as well as other customary banking, factoring financing, and electronic banking services. The company operates through 17 full-service branch offices located in the general San Francisco Bay Area of California. Heritage Commerce Corp was founded in 1994 and is headquartered in San Jose, California.

Corporate Governance

Heritage Commerce Corp’s ISS Governance QualityScore as of October 1, 2022 is 4. The pillar scores are Audit: 5; Board: 4; Shareholder Rights: 2; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.
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