HBC Safety and Soundness
A Message to Our Valued Clients
Like you, we are closely following the events that are impacting the high-tech industry and their financial
partners. We want to take this opportunity to assure you that Heritage Bank of Commerce remains safe and
secure for three important reasons:
Our Business
We are a community business bank. We do not cater to start-ups, venture capital companies, or the
technology community in general, nor do we offer products related to cryptocurrencies. Our focus is on
serving locally owned businesses, nonprofit organizations, and professionals like doctors, attorneys, and
accountants. We do not work within very niche and specialized markets.
Our Capital
As a responsible bank regulated by multiple state and federal agencies, we maintain capital levels well in
excess of regulatory requirements in order to maintain the safety and soundness of the Bank. In fact,
Heritage Bank of Commerce maintained 135% of total capital required to be considered a “well-capitalized”
institution. This is key to ensuring we are able to provide the service and support critical to the success of
your organization.
Our Liquidity
Liquidity is the most important resource for all banks. Heritage Bank of Commerce prudently manages its
levels of liquidity and has a number of alternative sources of additional liquidity if needed.
These three points are what differentiate Heritage Bank of Commerce. We also have a very experienced
team of executives, board members, and bankers who are singularly dedicated to providing the best
possible financial services to the businesses, organizations, and individuals in our communities.
Please know that we are here to support you. We are in the process of connecting with each of our clients,
but if you have questions or concerns in the meantime, do not hesitate to reach out to your Relationship
Manager or local branch. You can also call our main office directly at 408.947.6900.
You can find more information about us in our Annual Report on Form 10-K for the year ended December
31, 2022, filed with the Securities and Exchange Commission and available on our website at
heritagecommercecorp.com/SEC Filings.
Thank you for your continued trust in us.
