---
schema_version: "secwatch.filing_event.v1"
accession: "0000946673-25-000035"
form_type: "8-K"
ticker: "BANR"
cik: "0000946673"
company_name: "BANNER CORP"
filed_at: "2025-06-09T23:59:59+00:00"
generated_at: "2026-05-19T17:56:39.540717+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Banner Corp to redeem all $100M of 5.00% subordinated notes due 2030 on June 30, 2025

## Summary
- Redemption of $100M aggregate principal of 5.00% Fixed-to-Floating Rate Subordinated Notes due 2030.
- Redemption date is June 30, 2025; price at 100% of principal plus accrued interest.
- Payment funded from excess cash on hand; no new debt issuance planned.
- Notes were originally issued under an indenture; redemption follows optional call provisions.

## SEC filing metadata
- accession: 0000946673-25-000035
- form_type: 8-K
- ticker: BANR
- cik: 0000946673
- company_name: BANNER CORP
- filed_at: 2025-06-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/946673/000094667325000035/0000946673-25-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/946673/000094667325000035/banr-20250609.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000946673-25-000035
- JSON: https://secwatch.observer/filing/0000946673-25-000035.json
- Plain text: https://secwatch.observer/filing/0000946673-25-000035.txt

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