HERITAGE COMMERCE CORP

Heritage Bank of Commerce is a bank holding company formed in 1997, operating as the sole shareholder of Heritage Bank of Commerce ("HBC" or the "Bank"). HBC is a California-chartered, FDIC-insured community-focused business bank, headquartered in San Jose, California, since its formation in 1994. The company provides a full range of banking services and products to business and individual clients, with a focus on small and medium-sized businesses and their owners, managers, and employees. While offering an extensive suite of online banking services, its business is largely based on a network of sixteen full-service branches located around the San Francisco Bay and Silicon Valley areas of coastal Central California. These locations include branches in Alameda, Contra Costa, Marin, San Benito, San Francisco, San Mateo, and Santa Clara counties. During 2025, the company delivered meaningful balance-sheet growth and expanded operating leverage through disciplined expense management. It also maintained positive credit trends during 2025, with nonperforming assets and net charge-offs remaining low at December 31, 2025. In 2025, the company hired Jeannie Tam as Chief Accounting Officer and Seth Fonti as Chief Financial Officer.