Banner Corporation filings document regulatory disclosures for a Washington bank holding company and its Banner Bank subsidiary. Recent Form 8-K reports furnish quarterly and annual operating results, Regulation FD investor presentations and declarations of regular cash dividends on common stock, linking bank performance to net interest income, credit costs, loans, deposits and capital return.
Proxy and governance filings cover board composition, committee assignments, director independence, executive and director compensation, shareholder voting matters and equity awards. Other material-event filings record changes to the company’s Code of Ethics and Business Conduct, including policies governing officers, directors, employees and subsidiaries.
BANNER CORP (BANR) reported that James P.G. McLean, Executive Vice President of Banner Bank, disposed of 1,070 shares of common stock back to the issuer on September 14, 2026, at $71.92 per share. Following this disposition to the issuer, he held 21,323 shares directly.
BANNER CORP (BANR) received a notice that officer James P.G. McLean plans to sell 1,070 shares of common stock under Rule 144 through Fidelity Brokerage Services LLC. The shares come from restricted stock vesting awards of 603 and 467 shares that vested in March and April 2026.
BANNER CORP (BANR) reports that Karen Harrison, Executive Vice President of Banner Bank, returned 1,314 shares of common stock to the company on September 10, 2026 in a disposition to the issuer at $70.2706 per share. Following this transaction, she held 12,324 shares of common stock directly. No transactions are stated as made under a Rule 10b5-1 trading plan.
BANNER CORP (BANR) has a Form 144 filing indicating that officer Karen Harrison plans a Rule 144 sale of common stock held at Fidelity Brokerage Services LLC. The notice covers 1,314 shares of common stock with an aggregate market value of $92,335.66, to be sold on or about September 10, 2026 on NASDAQ.
The shares proposed for sale were acquired as restricted stock vesting compensation from the issuer, including 384 shares that vested on April 1, 2025, 334 shares that vested on April 3, 2025, and 596 shares that vested on April 1, 2026.
BANNER CORP (BANR) reported the initial equity holdings of insider Denise Portmann, who serves as Executive VP of Banner Bank, on a Form 3. The filing lists 23,105 shares of Common Stock held as a direct ownership position and does not report any recent purchase or sale transactions.
Banner Corporation (BANR) completed its acquisition of Pacific Financial Corporation and its subsidiary Bank of the Pacific, with the holding-company merger effective at 6 a.m. Pacific Time on September 1, 2026. Each outstanding share of Pacific Financial common stock was converted into the right to receive 0.2633 shares of Banner common stock, and Banner will issue approximately 2,654,563 new shares in the merger.
Immediately after closing, former Pacific Financial shareholders own about 7% and existing Banner shareholders about 93% of the combined company. Bank of the Pacific merged into Banner Bank the same day, with Banner Bank as the surviving bank. At June 30, 2026 Pacific Financial had $1.26 billion in assets and operated 15 branches in Washington and Oregon. Systems integration is planned for November, when all operations will transition fully to the Banner brand. Following the merger, Banner reports approximately $18 billion in assets.
Banner Corporation, the holding company for Banner Bank, reports progress on its planned merger with Pacific Financial Corporation, holding company for Bank of the Pacific. Banner received a letter from the Federal Reserve stating it does not object to Banner’s requested waiver of the application requirement for the merger, and all regulatory approvals required for the merger have now been received. Banner and Pacific Financial jointly announced that they anticipate closing the merger on September 1, 2026, subject to satisfaction of remaining customary closing conditions under the April 30, 2026 Agreement and Plan of Merger. Banner is a $16.59 billion asset bank holding company operating in four Western states, while Pacific Financial reported $1.26 billion in total assets and a network of branches and loan production offices in Washington and Oregon as of June 30, 2026.
Banner Corporation provides an update on its planned merger with Pacific Financial Corporation under an Agreement and Plan of Merger dated April 30, 2026. The Washington State Department of Financial Institutions-Division of Banks approved the merger on August 11, 2026, subject to approval by the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve. The FDIC granted its approval on August 12, 2026, also subject to Federal Reserve approval.
Pacific Financial held a special shareholder meeting on August 12, 2026 to vote on the Merger Agreement, and on August 13, 2026 announced that its shareholders approved the merger terms. The companies state that they expect the merger to close in the third quarter of 2026, subject to remaining regulatory approvals and satisfaction or waiver of other closing conditions described in the Merger Agreement.
Banner Corporation reports unaudited results for the quarter ended June 30, 2026. Total assets were $16.59 billion, up from $16.35 billion at year‑end 2025, with loans receivable growing to $11.99 billion and deposits to $13.79 billion. Net loans represented the largest asset category at $11.83 billion.
Net interest income was $153.7 million for the quarter and $303.9 million year‑to‑date. Net income reached $48.9 million for Q2 2026 and $103.6 million for the first half, compared with $45.5 million and $90.6 million a year earlier; diluted EPS was $1.43 for the quarter and $3.03 year‑to‑date. Asset quality metrics show the allowance for credit losses on loans at $161.8 million against $61.3 million of total past‑due loans and $52.9 million of nonaccrual balances at June 30, 2026. Management also discusses forward‑looking risks, new FASB standards, and a proposed merger with Pacific Financial Corporation.
Banner Corporation, parent of Banner Bank, announced that its Board of Directors has authorized a stock repurchase program for up to 1.7 million shares of common stock, representing approximately 5% of its issued and outstanding common stock as of the announcement date.
Shares may be repurchased in open market purchases, with the extent and timing of buybacks depending on market conditions and other corporate considerations. Banner is a $16.59 billion bank holding company operating a commercial bank in four Western states through a network of branches.