---
schema_version: "secwatch.filing_event.v1"
accession: "0000946673-23-000012"
form_type: "8-K"
ticker: "BANR"
cik: "0000946673"
company_name: "BANNER CORP"
filed_at: "2023-04-19T23:59:59+00:00"
generated_at: "2026-06-17T00:19:24.592534+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Banner Q1 2023 net income $55.6M, $1.61 EPS; raises dividend to $0.48

## Summary
- Net income $55.6M ($1.61 diluted EPS), up 26% YoY from $44.0M ($1.27) and up 2% from Q4 2022.
- Net interest margin 4.30%, up from 3.18% a year ago; net interest income $153.3M, +29% YoY.
- Core deposits $12.20B (93% of deposits); uninsured deposits 33% (31% excl. collateralized).
- Quarterly dividend raised to $0.48 per share from $0.44, payable May 12 to record May 2.
- Non-performing assets $27.1M (0.17% assets), up from $23.4M (0.15%) at Dec 31, 2022.

## SEC filing metadata
- accession: 0000946673-23-000012
- form_type: 8-K
- ticker: BANR
- cik: 0000946673
- company_name: BANNER CORP
- filed_at: 2023-04-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/946673/000094667323000012/0000946673-23-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/946673/000094667323000012/banr-20230419.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000946673-23-000012
- JSON: https://secwatch.observer/filing/0000946673-23-000012.json
- Plain text: https://secwatch.observer/filing/0000946673-23-000012.txt

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