Heritage Oaks Bancorp (Heritage Oaks Bancorp) Debt-to-Equity : 0.56 (As of Dec. 2016)

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What is Heritage Oaks Bancorp Debt-to-Equity?

Heritage Oaks Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $43.50 Mil. Heritage Oaks Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $74.61 Mil. Heritage Oaks Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2016 was $212.85 Mil. Heritage Oaks Bancorp's debt to equity for the quarter that ended in Dec. 2016 was 0.55.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Heritage Oaks Bancorp's Debt-to-Equity or its related term are showing as below:

HEOP's Debt-to-Equity is not ranked ^*
in the Banks industry.
Industry Median: 0.68
* Ranked among companies with meaningful Debt-to-Equity only.

Heritage Oaks Bancorp Debt-to-Equity Historical Data

The historical data trend for Heritage Oaks Bancorp's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Heritage Oaks Bancorp Debt-to-Equity Chart

Heritage Oaks Bancorp Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Debt-to-Equity

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0.51

0.77

0.55

0.56

Heritage Oaks Bancorp Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Debt-to-Equity	Get a 7-Day Free Trial															0.55	0.55	0.61	0.61	0.56

Competitive Comparison of Heritage Oaks Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Heritage Oaks Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Heritage Oaks Bancorp's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Heritage Oaks Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Heritage Oaks Bancorp's Debt-to-Equity falls into.

Heritage Oaks Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Heritage Oaks Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(43.5	+	74.612)	/	212.85
	=	0.55

Heritage Oaks Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2016 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(43.5	+	74.612)	/	212.85
	=	0.55

Heritage Oaks Bancorp (NAS:HEOP) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Heritage Oaks Bancorp Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Heritage Oaks Bancorp's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Heritage Oaks Bancorp (Heritage Oaks Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Heritage Oaks Bancorp (NAS:HEOP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.heritageoaksbank.com

Heritage Oaks Bancorp is a California corporation organized in 1994 and registered as a bank holding company. The Company acquired all of the outstanding common stock of Heritage Oaks Bank (Bank) and its subsidiaries in 1994. The Bank is a community-oriented financial services firm that provides banking products and services to small and medium sized businesses and consumers. Products and services are offered primarily through 12 retail branches located on the Central Coast of California, in San Luis Obispo and Santa Barbara Counties and through other direct channels, including two loan production offices in Santa Barbara and Ventura Counties. The Bank offers to its commercial clients commercial loans secured by real estate, other commercial loans and lines of credit, agricultural loans, construction financing, other real estate loans and SBA loans. For consumers, the Bank offers residential mortgages, equity lines of credit and other consumer loans. Deposit products offered include personal and business checking and savings accounts, time deposit accounts, individual retirement accounts ("IRAs") and money market accounts. The Bank also offers online banking, mobile banking, wire transfers, safe deposit boxes, cashier's checks, traveler's checks, bank-by-mail, night depository services and other customary banking services. The Company's competitors include money center banks and large regional banks. Competition also includes other community-focused commercial banks. As a bank holding company, the Company is regulated under the Bank Holding Company Act ("BHC Act") and is subject to inspection, examination and supervision by the Federal Reserve. It is also subject to the California Financial Code, as well as limited oversight by the DBO and the FDIC.

Executives

Timothy Joseph Stronks	officer: Executive Vice President	1222 VINE STREET, PASO ROBLES CA 93446
Simone Lagomarsino	director, officer: President / CEO	1515 WEST 190TH STREET, SUITE 275, GARDENA CA 90248
James J Lynch	director, 10 percent owner	PATRIOT FINANCIAL PARTNERS, LP, 2929 ARCH STREET, 27TH FLOOR, PHILADELPHIA PA 19104
Michael E. Pfau	director	545 12TH STREET, PASO ROBLES CA 93446
Michael James Morris	director	545 12TH STREET, PASO ROBLES CA 93445
Stephen P Yost	director	2221 EAST ROSECRANS AVENUE SUITE 131 EL SEGUNDO CA 90245
Howard Gould	director	3731 WILSHIRE BLVD., SUITE 1000, LOS ANGELES CA 90010
Gregory A Gehlmann	officer: SVP & Chief Bank Counsel	TRICO BANCSHARES, 63 CONSTITUTION DRIVE, CHICO CA 95973
J Mikesell Thomas	10 percent owner	51 WEST 52ND ST 14TH FL, NEW YORK NY 10019
Mark G Merlo	10 percent owner	4500 MERCANTILE PLAZA DRIVE, SUITE 300, FORT WORTH TX 76137
Eggemeyer John M Iii	10 percent owner	PO BOX 1329, RANCHO SANTA FE CA 92067
John Pietrzak	10 percent owner	WEST COAST BANCORP, 5335 MEADOWS ROAD, SUITE 201, LAKE OSWEGO OR 97035
Castle Creek Capital Partners Iv, Lp	10 percent owner	6051 EL TORDO, P.O. BOX 1329, RANCHO SANTA FE CA 92067
Castle Creek Capital Iv Llc	10 percent owner	6051 EL TORDO, P.O. BOX 1329, RANCHO SANTA FE CA 92067
Lonny Duane Robinson	officer: Chief Financial Officer	3435 WILSHIRE BLVD, SUITE 700, LOS ANGELES CA 90010

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