Heritage Financial Corp /Wa/: Pay

Heritage Financial Corp /Wa/ paid its 2 named executives $1.3M in total in FY2025 (Dec).

Pay$100 in the stock at the end of FY20 → $140
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Jeffrey J. DeuelRetired Chief Executive Officer of Heritage Financial Corporation (effective May 2025)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
2 years
Bryan D. McDonaldPresident and Chief Executive Officer of Heritage Financial Corporation and Heritage Bank
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
2 years
Donald J. HinsonExecutive Vice President and Chief Financial Officer of Heritage Financial Corporation and Heritage Bank
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
2 years
Matthew T. RayExecutive Vice President and Chief Lending Officer of Heritage Financial Corporation and Heritage Bank
FY2025 (Dec)
FY2023 (Dec)
2 years
Tony W. ChalfantExecutive Vice President and Chief Credit Officer of Heritage Financial Corporation and Heritage Bank
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
2 years
Nicholas M. BleyExecutive Vice President of Heritage Financial Corporation and Executive Vice President and Chief Operating Officer of Heritage Bank
FY2025 (Dec)
FY2024 (Dec)
2 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 6 peers with pay on file was $2.1M. CEO pay of Heritage Financial Corp /Wa/ for that year is not on file.

  1. 1Southside Bancshares
  2. 2Trico Bancshares /
  3. 3First Mid Bancshares
  4. 4Univest Financial
  5. 5Mercantile Bank
  6. 6Amerant Bancorp
  7. 7Heritage Financial Corp /Wa/Not disclosed
  8. 81ST SourceNot disclosed
  9. 9Bank of Marin BancorpNot disclosed
  10. 10Byline Bancorp, Inc.Not disclosed
  11. 11California BanCorpNot disclosed
  12. 12Community West BancsharesNot disclosed
  13. 13Five Star BancorpNot disclosed
  14. 14Heritage Commerce Corp.Not disclosed
  15. 15Lakeland FinancialNot disclosed
  16. 16Old Second Bancorp, Inc.Not disclosed
  17. 17Origin Bancorp, Inc.Not disclosed
  18. 18S&T Bancorp, Inc.Not disclosed
  19. 19Sierra BancorpNot disclosed
  20. 20Stock Yards BancorpNot disclosed
  21. 21Veritex Holdings, Inc.Not disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.