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

Issuer:     BANNER CORP (BANR)
CIK:        0000946673
Form:       8-K
Filed at:   2025-07-16T23:59:59+00:00
Accession:  0000946673-25-000045
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Banner Q2 net income $45.5M ($1.31 EPS), up 14% YoY; declares $0.48 dividend
----------------------------------------------------------------------------

- Net income $45.5M, or $1.31 per diluted share, vs $39.8M ($1.15) in Q2 2024.
- Net interest income $144.4M, up 9% YoY; net interest margin 3.92% on tax-equivalent basis.
- Net loans grew 5% YoY to $11.53B; non-performing assets increased to $49.8M (0.30% of assets).
- Regular quarterly cash dividend of $0.48 per share, payable Aug 15, 2025 to holders of record Aug 5.
- Core deposits 89% of total deposits; tangible book value per share $43.09, up 13% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946673/000094667325000045/0000946673-25-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946673/000094667325000045/banr-20250716.htm
  HTML page:      https://secwatch.observer/filing/0000946673-25-000045

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