---
schema_version: "secwatch.filing_event.v1"
accession: "0000939057-22-000305"
form_type: "8-K"
ticker: "BANR"
cik: "0000946673"
company_name: "BANNER CORP"
filed_at: "2022-10-19T23:59:59+00:00"
generated_at: "2026-06-23T02:50:49.075566+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Banner Q3 net income $49.1M ($1.43 EPS), NIM expands to 3.85%; declares $0.44 dividend

## Summary
- Net income $49.1M ($1.43 diluted EPS), flat vs Q3 2021 ($49.9M, $1.44). Revenue $162M (+4% YoY).
- Net interest margin 3.85% vs 3.44% prior quarter; net interest income $146.4M (+13% YoY, +14% QoQ).
- Loans ex-PPP grew 10% YoY to $9.69B; non-performing assets $15.6M (0.10% of assets), down from $29.7M a year ago.
- Mortgage banking revenue collapsed to $105K from $9.6M in Q3 2021. Provision for credit losses $6.1M vs recapture a year ago.
- Quarterly dividend $0.44/sh, payable Nov 10 to holders of record Oct 31; tangible equity per share fell 20% YoY to $29.97.

## SEC filing metadata
- accession: 0000939057-22-000305
- form_type: 8-K
- ticker: BANR
- cik: 0000946673
- company_name: BANNER CORP
- filed_at: 2022-10-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/946673/000093905722000305/0000939057-22-000305-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/946673/000093905722000305/8k101922.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000939057-22-000305
- JSON: https://secwatch.observer/filing/0000939057-22-000305.json
- Plain text: https://secwatch.observer/filing/0000939057-22-000305.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.