BANR on Nasdaq
BANNER CORP
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Last updated Oct 16, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Deposit Account brought in 65% of the revenue BANNER CORP broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Deposit Account | $22.5M | $24.7M | $25.4M |
| Credit Card, Merchant Discount | $14.5M | $13.4M | $13.5M |
Financial statements
Every line of the income statement in the latest annual report, as filed.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Loans receivable | $702.0M | $655.6M | $577.9M |
| Mortgage-backed securities | $61.0M | $66.1M | $72.4M |
| Securities and cash equivalents | $41.9M | $44.4M | $51.3M |
| Total interest income | $805.0M | $766.1M | $701.6M |
| Deposits | $200.8M | $199.5M | $100.1M |
| FHLB advances | $5.8M | $8.9M | $10.5M |
| Other borrowings | $2.8M | $4.3M | $3.4M |
| Subordinated debt | $7.7M | $11.7M | $11.5M |
| Total interest expense | $217.0M | $224.4M | $125.6M |
| Net interest income | $587.9M | $541.7M | $576.0M |
| Provision for Loan, Lease, and Other Losses | $13.0M | $7.6M | $10.8M |
| Interest Income (Expense), after Provision for Loan Loss, Total | $574.9M | $534.1M | $565.2M |
| Deposit fees and other service charges | $43.2M | $43.4M | $41.6M |
| Mortgage banking operations | $13.2M | $12.2M | $11.8M |
| Bank Owned Life Insurance Income | $10.2M | $9.2M | $9.2M |
| Miscellaneous | $7.2M | $8.3M | $5.2M |
| Other operating income | $73.8M | $73.1M | $67.9M |
| Net gain (loss) on sale of securities | $374.0K | -$5.2M | -$19.2M |
| Net change in valuation of financial instruments carried at fair value | -$1.4M | -$982.0K | -$4.2M |
| Total non-interest income | $72.8M | $66.9M | $44.4M |
| Salary and employee benefits | $260.7M | $250.6M | $244.6M |
| Less capitalized loan origination costs | -$17.2M | -$16.9M | -$16.3M |
| Occupancy and equipment | $48.7M | $48.8M | $47.9M |
| Information and computer data services | $33.1M | $29.2M | $28.4M |
| Payment and card processing services | $23.9M | $22.5M | $20.5M |
| Professional and legal expenses | $9.5M | $7.9M | $9.8M |
| Advertising and marketing | $4.7M | $5.1M | $4.8M |
| Deposit insurance | $11.3M | $11.4M | $10.5M |
| State and municipal business and use taxes | $6.3M | $5.6M | $5.3M |
| Real estate operations, net | $491.0K | $293.0K | -$538.0K |
| Amortization of core deposit intangibles | $1.6M | $2.6M | $3.8M |
| Miscellaneous | $25.7M | $24.4M | $23.7M |
| Total non-interest expense | $408.8M | $391.5M | $382.5M |
| Income before provision for income taxes | $238.9M | $209.5M | $227.1M |
| Income Tax Expense (Benefit) | $43.5M | $40.6M | $43.5M |
| NET INCOME | $195.4M | $168.9M | $183.6M |
| Basic (in dollars per share) | $5.67 | $4.90 | $5.35 |
| Diluted (in dollars per share) | $5.64 | $4.88 | $5.33 |
| Cumulative dividends declared per common share (in dollars per share) | $1.94 | $1.92 | $1.92 |
| Basic | 34.5M shares | 34.5M shares | 34.3M shares |
| Diluted | 34.7M shares | 34.6M shares | 34.5M shares |
Every line of the balance sheet in the latest annual report, as filed.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and Due from Banks | $182.8M | $203.4M | |
| Interest-bearing deposits | $239.9M | $298.5M | |
| Total cash and cash equivalents | $422.6M | $501.9M | |
| Debt Securities, Available-for-Sale | $2.0B | $2.1B | |
| Debt Securities, Held-to-Maturity, Amortized Cost, after Allowance for Credit Loss | $961.2M | $1.0B | |
| Debt Securities, Available-for-Sale and Held-to-Maturity, after Allowance for Credit Loss | $3.0B | $3.1B | |
| Federal Home Loan Bank (FHLB) stock | $16.5M | $22.5M | |
| Loans held for sale (includes $34,586 and $26,185, at fair value, respectively) | $42.9M | $32.0M | |
| Financing Receivable, before Allowance for Credit Loss | $11.7B | $11.4B | |
| Financing Receivable, Allowance for Credit Loss | -$160.3M | -$155.5M | -$149.6M |
| Financing Receivable, after Allowance for Credit Loss, Total | $11.6B | $11.2B | |
| Accrued interest receivable | $60.5M | $60.9M | |
| Property and equipment, net | $111.5M | $124.6M | |
| Goodwill | $373.1M | $373.1M | $373.1M |
| Other intangibles, net | $1.5M | $3.1M | |
| Bank-owned life insurance (BOLI) | $319.3M | $312.5M | |
| Deferred tax assets, net | $127.6M | $148.9M | |
| Operating lease right-of-use assets | $32.7M | $40.0M | |
| Other assets | $307.3M | $275.4M | |
| Total assets | $16.4B | $16.2B | |
| Non-interest-bearing | $4.5B | $4.6B | |
| Interest-bearing transaction and savings accounts | $7.7B | $7.4B | |
| Interest-bearing certificates | $1.5B | $1.5B | |
| Total deposits | $13.7B | $13.5B | |
| Advances from FHLB | $150.0M | $290.0M | |
| Other borrowings | $107.7M | $125.3M | |
| Subordinated notes, net | $0 | $80.3M | |
| Junior subordinated debentures at fair value (issued in connection with Trust Preferred Securities) | $79.2M | $67.5M | |
| Operating lease liabilities | $35.8M | $43.5M | |
| Accrued expenses and other liabilities | $245.3M | $258.1M | |
| Deferred compensation | $47.2M | $46.8M | |
| Total liabilities | $14.4B | $14.4B | |
| Preferred stock - $0.01 par value per share, 500,000 shares authorized; no shares outstanding at December 31, 2025 and December 31, 2024 | $0 | $0 | |
| Retained earnings | $871.8M | $744.1M | |
| Carrying value of shares held in trust for stock-based compensation plans | -$5.8M | -$6.2M | |
| Liability for common stock issued to stock related compensation plans | $5.8M | $6.2M | |
| Accumulated other comprehensive loss | -$208.0M | -$277.3M | |
| Shareholders equity | $1.9B | $1.8B | $1.7B |
| Total liabilities and stockholders' equity | $16.4B | $16.2B | |
| Debt Securities, Available-for-sale, Amortized Cost | $2.3B | $2.5B | |
| Debt Securities, Held-to-Maturity, Allowance for Credit Loss | -$291.0K | -$297.0K | -$332.0K |
| Loans Held-for-sale, Fair Value | $34.6M | $26.2M | |
| Preferred Stock, Par or Stated Value Per Share | $0.01 | $0.01 | |
| Preferred Stock, Shares Authorized | 500.0K shares | 500.0K shares | |
| Preferred Stock, Shares Outstanding | 0 shares | 0 shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $195.4M | $168.9M | $183.6M |
| Depreciation | $16.4M | $18.1M | $17.9M |
| Deferred income and expense, net of amortization | -$10.8M | -$8.0M | -$4.2M |
| Capitalized loan servicing rights, net of amortization | $888.0K | $1.4M | $1.8M |
| Amortization of core deposit intangibles | $1.6M | $2.6M | $3.8M |
| (Gain) loss on sale of securities, net | -$374.0K | $5.2M | $19.2M |
| Net change in valuation of financial instruments carried at fair value | $1.4M | $982.0K | $4.2M |
| (Increase) decrease in deferred taxes | -$602.0K | $762.0K | $1.5M |
| (Decrease) increase in current taxes payable | -$805.0K | $6.3M | -$3.2M |
| Stock-based compensation | $10.3M | $10.0M | $9.2M |
| Net change in cash surrender value of BOLI | -$9.4M | -$9.0M | -$8.7M |
| Gain on sale of loans, excluding capitalized servicing rights | -$6.9M | -$6.2M | -$6.2M |
| Loss (gain) on disposal of real estate held for sale and property and equipment, net | $831.0K | -$318.0K | -$352.0K |
| Provision for Loan, Lease, and Other Losses | $13.0M | $7.6M | $10.8M |
| Origination of loans held for sale | -$375.2M | -$298.2M | -$242.8M |
| Proceeds from sales of loans held for sale | $461.4M | $414.8M | $266.5M |
| Other assets | -$24.7M | -$35.3M | -$9.0M |
| Other liabilities | -$15.1M | $13.6M | $13.1M |
| Net cash provided from operating activities | $257.5M | $293.2M | $257.2M |
| Purchases of securitiesavailable-for-sale | -$155.8M | -$63.2M | -$58.2M |
| Principal repayments and maturities of securitiesavailable-for-sale | $323.6M | $241.4M | $173.1M |
| Proceeds from sales of securitiesavailable-for-sale | $17.6M | $70.8M | $368.9M |
| Principal repayments and maturities of securitiesheld-to-maturity | $40.6M | $57.7M | $58.4M |
| Loan (originations) repayments, net | -$477.4M | -$686.5M | -$644.0M |
| Purchases of loans and participating interest in loans | -$10.9M | -$4.7M | $0 |
| Proceeds from sales of other loans | $30.9M | $20.5M | $14.0M |
| Purchases of property and equipment | -$9.5M | -$13.7M | -$14.7M |
| Proceeds from sale of real estate held for sale and sale of other property | $7.7M | $4.3M | $4.7M |
| Proceeds from FHLB stock repurchase program | $156.5M | $146.2M | $153.4M |
| Purchase of FHLB stock | -$150.5M | -$144.6M | -$165.4M |
| Proceeds from Securities Purchased under Agreements to Resell | $0 | $0 | $300.0M |
| Investment in bank-owned life insurance | -$46.0K | -$47.0K | -$66.0K |
| Other | $2.7M | $686.0K | $1.7M |
| Net cash (used by) provided from investing activities | -$224.7M | -$371.2M | $191.9M |
| Increase (decrease) in deposits, net | $228.7M | $484.9M | -$590.6M |
| (Repayment) advances of overnight and short-term FHLB borrowings, net | -$140.0M | -$33.0M | $273.0M |
| Proceeds from (Payment for) Other Financing Activity | -$17.5M | -$57.6M | -$49.9M |
| Repayment of junior subordinated debentures | -$80.5M | $0 | $0 |
| Cash dividends paid | -$67.5M | -$66.7M | -$66.8M |
| Cash paid for repurchase of common stock | -$31.6M | $0 | $0 |
| Taxes paid related to net share settlement of equity awards | -$3.5M | -$2.2M | -$3.5M |
| Net cash (used by) provided from financing activities | -$111.9M | $325.4M | -$437.7M |
| NET CHANGE IN CASH AND CASH EQUIVALENTS | -$79.2M | $247.4M | $11.4M |
| Interest paid in cash | $217.0M | $224.8M | $110.8M |
| Income Taxes Paid, Net | $31.4M | $24.2M | $38.7M |
| Transfer of loans to real estate owned and other repossessed assets | $6.4M | $2.8M | $1.2M |
| Transfer of Loans Held-for-sale to Portfolio Loans | -$90.2M | -$131.3M | -$27.9M |
| Debt Securities, Held-for-Trading, Transfer to Available-for-Sale | $0 | $0 | $25.3M |
Former names
Recent filings
- Sep 15, 20264 PRIMARY DOCUMENT
- Sep 14, 2026144
- Sep 10, 2026144
- Sep 10, 20264 PRIMARY DOCUMENT
- Sep 4, 20263 PRIMARY DOCUMENT
- Sep 1, 20268-K
- Aug 17, 20268-K
- Aug 13, 20268-K
- Aug 4, 202610-Q
- Aug 3, 20264 PRIMARY DOCUMENT
- Aug 3, 20264 PRIMARY DOCUMENT
- Aug 3, 20268-K
- Jul 22, 20268-K
- Jul 20, 2026425
- Jun 29, 2026144
Every filing from the last three years, summarized. The full record is on SEC EDGAR.1
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARBANNER CORP filings on SEC EDGAR
- 2SEC EDGARBANNER CORP filings on SEC EDGAR
- 3
- 4SEC EDGARBANNER CORP 10-K for fiscal 2019
- 5SEC EDGARBANNER CORP 10-K for fiscal 2020
- 6SEC EDGARBANNER CORP 10-K for fiscal 2021
- 7SEC EDGARBANNER CORP 10-K for fiscal 2022
- 8SEC EDGARBANNER CORP 10-Q for fiscal 2026
- 9SEC EDGARBANNER CORP 10-Q for fiscal 2026
- 10SEC EDGARBANNER CORP 10-K for fiscal 2019