News Details

Banner Corporation Declares $12.50 Quarterly Cash Dividend on Fixed Rate Cumulative Perpetual Preferred Stock, Series A

07/31/2012

WALLA WALLA, Wash.--(BUSINESS WIRE)-- Banner Corporation (NASDAQ:BANR), the parent company of Banner Bank and Islanders Bank, today announced its Board of Directors declared a regular quarterly cash dividend of $12.50 per share on the Company’s Fixed Rate Cumulative Perpetual Preferred Stock, Series A. The dividend is payable August 15, 2012, to preferred shareholders of record on August 8, 2012.

About the Company

Banner Corporation is a $4.2 billion bank holding company operating two commercial banks in Washington, Oregon and Idaho. Banner serves the Pacific Northwest region with a full range of deposit services and business, commercial real estate, construction, residential, agricultural and consumer loans. Visit Banner Bank on the Web at www.bannerbank.com.

Banner Corporation
Mark J. Grescovich, President & CEO
Lloyd W. Baker, CFO
509-527-3636

Source: Banner Corporation