Banner and Pacific Financial set Sept 1 closing after Fed waiver; all approvals received

BANNER CORP

Federal Reserve letter Aug 14, 2026: no objection to waiver of application requirement for merger.
All regulatory approvals for Banner-Pacific Financial merger now received.
Parties anticipate closing merger on September 1, 2026, subject to customary conditions.
Merger agreement dated April 30, 2026; Pacific Financial to merge into Banner.

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