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