HERITAGE COMMERCE CORP Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Heritage Commerce Corp quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
  • Heritage Commerce Corp Interest Expense for the quarter ending March 31, 2024 was $17.5M, a 149% increase year-over-year.
  • Heritage Commerce Corp Interest Expense for the twelve months ending March 31, 2024 was $61.5M, a 331% increase year-over-year.
  • Heritage Commerce Corp annual Interest Expense for 2023 was $51.1M, a 471% increase from 2022.
  • Heritage Commerce Corp annual Interest Expense for 2022 was $8.95M, a 25.5% increase from 2021.
  • Heritage Commerce Corp annual Interest Expense for 2021 was $7.13M, a 16.9% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $51.1M +$42.1M +471% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-11
2022 $8.95M +$1.82M +25.5% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-11
2021 $7.13M -$1.45M -16.9% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-11
2020 $8.58M -$2.27M -20.9% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-09
2019 $10.8M +$3.03M +38.7% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-04
2018 $7.82M +$2.44M +45.2% Jan 1, 2018 Dec 31, 2018 10-K 2021-03-05
2017 $5.39M +$2.18M +67.8% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-11
2016 $3.21M +$789K +32.6% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-14
2015 $2.42M +$269K +12.5% Jan 1, 2015 Dec 31, 2015 10-K 2018-03-16
2014 $2.15M -$447K -17.2% Jan 1, 2014 Dec 31, 2014 10-K 2017-03-03
2013 $2.6M -$1.59M -37.9% Jan 1, 2013 Dec 31, 2013 10-K 2016-03-07
2012 $4.19M -$1.69M -28.7% Jan 1, 2012 Dec 31, 2012 10-K 2015-03-06
2011 $5.88M -$4.64M -44.1% Jan 1, 2011 Dec 31, 2011 10-K 2014-03-07
2010 $10.5M Jan 1, 2010 Dec 31, 2010 10-K 2013-03-08
* An asterisk sign (*) next to the value indicates that the value is likely invalid.