Posted on May 23, 2013
Heritage Bank of Commerce
150 Almaden Boulevard
San Jose, CA 95113
General Bank Information
FDIC Insured Yes
FDIC Certificate # 33905
Date Established 1994
Heritage Bank of Commerce is an FDIC insured institution located in San Jose, CA. It was founded in 1994 and has approximately $1.69 billion in assets. Customers can open an account via one of its 10 branches.
Heritage Bank of Commerce Financial Size
| Assets | $1.69 billion |
| Loans | $0.80 billion |
| Deposits | $1.49 billion |
| Capital | $0.16 billion |
For a more detailed analysis of Heritage Bank of Commerce's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Bank Loan Profile?
| % Loans |
% Comparison to Other Banks |
|||
| Low | Med | High | ||
| 1-4 Family Residential Loans | 6.78 | ✓ | ||
| Multifamily Mortgages |
2.18 | ✓ | ||
| Credit Card Loans | 0.00 | ✓ | ||
| Consumer Auto Loans | 0.05 | ✓ | ||
| Small Business Loans | 10.83 | ✓ | ||
| Construction and Development Loans | 3.37 | ✓ | ||
| Commercial Real Estate | 46.45 | ✓ | ||
| Commercial and Industrial Loans | 40.51 | ✓ | ||
| Farm Loans | 0.00 | ✓ | ||
The top three loan types in Heritage Bank of Commerce’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Small Business Loans.
Compared to other banks in California, Heritage Bank of Commerce has a significantly higher percent of Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.
Note: Percentages may not sum to 100% due to rounding and double
categorization of some loan types. All data from the FDIC.
Additional information about this table.
