Banner Bank
| Public | |
| Traded as | |
| Industry | Commercial Banks |
| Founded | 1890 (as National Building Loan & Trust Association) |
| Headquarters | Walla Walla, Washington, United States |
|
Key people
|
Mark J. Grescovich (President & CEO) |
| Products | |
| Revenue |
 US$225M (Q2 2016)
|
| US$38.1M (Q2 2016) | |
| Total assets | US$9.9B (Q2 2016) |
| Total equity | US$1.3B (Q2 2016) |
|
Number of employees
|
Approximately 2,000 |
| Website | www |
Banner Bank is a Washington-chartered commercial bank headquartered in Walla Walla, Washington, with roots that date back to 1890. The bank provides services in commercial real estate, construction, residential, agricultural and consumer loans. It also provides community banking services through its branches and loan offices located in Washington, Oregon, Idaho, California and Utah.
Banner Bank is a member of the Federal Home Loan Bank System and its deposits are insured by the Federal Deposit Insurance Corporation.
Banner Bank is a wholly owned subsidiary of Banner Corporation. Banner Corporation common stock is publicly traded on the NASDAQ Global Market® under the symbol "BANR".
Banner’s roots date back to 1890, when the National Building Loan & Trust Association was founded in Walla Walla, Washington. The bank grew over the following century and in October 2000 changed its name to Banner Corp and announced its 38 branches would all operate as Banner Bank. Previously, the Washington and Idaho branches had operated under separate brands such as First Savings Bank, Whatcom State Bank, Seaport Citizens Bank and Towne Bank.
Throughout the company’s history, Banner has experienced steady growth through organic, de novo expansion as well as through acquisitions. The most notable acquisition growth in recent years includes:
December 2006 - Islanders Bank of San Juan County, which continues to be separately chartered and managed.
May 2007 - F&M Bank of Spokane Valley, Washington, with 14 branches.
October 2007 - NCW Community Bank of Wenatchee, Washington.
March 2015 - Siuslaw Bank, a 10-branch bank headquartered in Florence, Oregon.
October 2015 - AmericanWest Bank of Spokane, Washington, adding 105 branches and expanding the bank’s footprint into Utah and California.
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Wikipedia