Peer Analysis
Performance Ratios (%) BANR Peer Median Peer Average
ROAA 0.65 1.08 1.10
ROAE 4.99 8.32 8.47
Net Interest Margin 4.27 4.05 4.09
Efficiency Ratio 67.58 59.65 57.58
Loans / Deposits 88.45 84.35 86.57
Asset Quality Ratios (%)
NPAs / Assets 0.35 0.77 0.72
NCOs / Avg Loans 0.03 0.14 0.14
Reserves / Loans 1.20 1.01 1.26
Reserves / NPAs 253.62 102.49 188.86
Capital Ratios (%)
Tier 1 Capital 12.24 11.99 12.68
Tangible Equity / Tangible Assets 9.85 9.63 9.53
Total Equity / Total Assets 12.16 12.13 13.06
Market Ratios
Price / Earnings (x) 30.87 20.49 20.82
Price / Book (%) 160.42 170.41 171.21
Dividend Yield (%) 2.26 2.49 2.68
Data for trailing four quarters

Banner Corporation's peer group consists of the following: Columbia Banking System, Inc. (COLB), First Interstate BancSystem, Inc. (FIBK), Glacier Bancorp, Inc. (GBCI), Heritage Financial Corporation (HFWA), Pacific Continental Corporation, PacWest Bancorp (PACW), Sterling Financial Corporation (STSA), Umpqua Holdings Corporation (UMPQ), W.T.B. Financial Corporation (WTBF.B), Washington Banking Company (WBCO)

Banner Corporation's financial data is as of 3/31/2018.

Peer financial data is as of 3/31/2018 except for these companies:

Sterling Financial Corporation's financial data is as of 3/31/2014.
Glacier Bancorp, Inc.'s financial data is as of 6/30/2018.
Washington Banking Company's financial data is as of 3/31/2014.
Umpqua Holdings Corporation's financial data is as of 6/30/2018.
Pacific Continental Corporation's financial data is as of 9/30/2017.
PacWest Bancorp's financial data is as of 6/30/2018.