secwatch / observer

BANNER CORP — fact timeline

Source-grounded facts extracted from BANNER CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

BANR BANNER CORP JSON
Material Agreements

BANNER CORP entered into Agreement and Plan of Merger with Pacific Financial Corporation (effective 2026-04-30).

“On April 30, 2026, Banner Corporation, a Washington corporation (“Banner”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Pacific Financial Corporation, a Washington corporation (“Pacific Financial”), pursuant to which Pacific Financial will merge with and into Banner (the “Merger”), with Banner as the surviving corporation in the Merger.”
Earnings Releases

BANNER CORP reported first quarter of 2026 results: net income $54.7 million, EPS $1.60 per diluted share.

“Banner Corporation Reports Net Income of $54.7 Million, or $1.60 Per Diluted Share, for First Quarter 2026”
Governance Changes

BANNER CORP: Amended Code of Ethics and Business Conduct to incorporate minor clarifications regarding use of corporate resources for political purposes and expectations for ethical and professional behavior (effective 2025-09-16).

“On July 22, 2025, the Board of Directors of Banner Corporation (the “Company”) approved certain amendments to the Company’s Code of Ethics and Business Conduct, as reflected in an amended version of the Code of Ethics and Business Conduct (the “Code”).”
Auditor Changes

BANNER CORP engaged Baker Tilly US, LLP as its auditor.

“the Audit Committee of the Company's Board of Directors approved the appointment of Baker Tilly, as the successor to Moss Adams, as the Company's independent registered public accounting firm.”
Auditor Changes

Moss Adams LLP resigned as auditor of BANNER CORP.

“Moss Adams has resigned as the auditors of the Company and the Audit Committee of the Company's Board of Directors approved the appointment of Baker Tilly, as the successor to Moss Adams, as the Company's independent registered public accounting firm.”

James M. Costa changed role as Chief Operating Officer at BANNER CORP.

“On May 29, 2024, Banner Bank (the “Bank”), a wholly-owned subsidiary of Banner Corporation (the “Company”), announced that Banner Bank Executive Vice President James M. Costa has been promoted to Chief Operating Officer of the Bank in addition to his role as the Bank’s Chief Risk Officer.”
Earnings Releases

BANNER CORP reported the first quarter of 2024 results: revenue $144.6 million, net income $37.6 million, EPS $1.09 per diluted share.

“of the top 20 largest western Metropolitan Statistical Areas by population. BANR - First Quarter 2024 Results April 17, 2024 Page 2 First Quarter 2024 Highlights • Revenues were $144.6 million for the first quarter of 2024, compared to $152.5 million in the preceding quarter and $162.6 million in the first quarter a year ago. • Adjusted revenue* (the total of net”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.