secwatch.observer — SEC 8-K summary
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Issuer:     BANNER CORP (BANR)
CIK:        0000946673
Form:       8-K
Filed at:   2026-03-02T23:59:59+00:00
Accession:  0000946673-26-000011
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Banner appoints O'Reilly and Steiner to Board effective March 1, 2026
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- Monica O'Reilly and Judith Steiner appointed to Banner Corporation Board, increasing size from 12 to 13 directors.
- O'Reilly brings 30+ years financial services experience; was Vice Chair at Deloitte until 2025.
- Steiner served as Banner Bank EVP and Chief Risk Officer from 2016 to 2021; has legal and compliance background.
- Each new director receives annual $55,000 cash retainer and $65,000 in restricted stock units, plus committee fees.
- Both appointed to Banner Bank board; O'Reilly on Governance/Nominating and Risk, Steiner on Credit Risk and Risk.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946673/000094667326000011/0000946673-26-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946673/000094667326000011/banr-20260302.htm
  HTML page:      https://secwatch.observer/filing/0000946673-26-000011

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