secwatch.observer — SEC 8-K summary
======================================

Issuer:     BANNER CORP (BANR)
CIK:        0000946673
Form:       8-K
Filed at:   2021-07-22T23:59:59+00:00
Accession:  0000939057-21-000199
Event type: earnings
Sentiment:  positive
Materiality: 0.78
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Banner Corp Q2 net income $54.4M ($1.56 EPS), up 131% YoY; declares $0.41 dividend
--------------------------------------------------------------------------------

- Net income $54.4M vs $23.5M a year ago; diluted EPS $1.56 vs $0.67.
- Recorded $10.3M recapture of credit loss provision; prior year had $28.6M provision.
- Net interest income $127.6M, NIM 3.52%; mortgage banking revenue fell 35% to $7.5M.
- Non-performing assets fell to $31.5M (0.19% of assets); core deposits up 16% YoY.
- Board declared $0.41/share quarterly dividend, payable Aug 13 to holders of record Aug 3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946673/000093905721000199/0000939057-21-000199-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946673/000093905721000199/8k63021erbanr.htm
  HTML page:      https://secwatch.observer/filing/0000939057-21-000199

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer