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Thursday, November 26, 2009, 4:25AM ET - U.S. Markets Closed for Thanksgiving Day. Dow Up 0.29% Nasdaq Up 0.32%
Banner Corporation (BANR)On Nov 25: 3.02  Down 0.01 (0.33%)  
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Banner Corporation
10 South First Avenue
Walla Walla, WA 99362
United States - Map
Phone: 509-527-3636
Fax: 509-526-8898
Web Site: http://www.banrbank.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Savings & Loans
Full Time Employees:1,053

BUSINESS SUMMARY 
Banner Corporation operates as the holding company for Banner Bank and Islanders Bank that provide commercial banking and financial products and services to individuals, businesses, and public sector entities. It generates various deposit instruments, including demand checking accounts, negotiable order of withdrawal accounts, money market deposit accounts, regular savings accounts, certificates of deposit, cash management services, and retirement savings plans. The company also originates commercial business and commercial real estate loans, agricultural business loans, construction and land development loans, one to four-family residential loans, and consumer loans. In addition, it engages in mortgage banking operations primarily through the origination and sale of one to four-family residential loans. As of December 31, 2008, Banner Corporation operated 83 branch offices and 10 loan production offices located in Washington, Oregon, and Idaho, as well as conducts business from 3 locations in San Juan County, Washington. The company was founded in 1890 and is based in Walla Walla, Washington.
Key Statistics

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    CORPORATE GOVERNANCE 
    Banner Corporation's Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 58% of Russell 3000 companies and 69.3% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. D. Michael Jones , 66
    Chief Exec. Officer, Pres, Director, Member of Exec. Committee, Chief Exec. Officer of Banner Bank, Pres of Banner Bank of Banner Bank
    $ 506.00K $ 65.00K
    Mr. Lloyd W. Baker , 60
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Chief Financial Officer of Banner Bank and Exec. VP of Banner Bank
    $ 431.00K $ 0
    Mr. Richard B. Barton , 65
    Chief Lending Officer, Chief Credit Officer of Banner Bank and Exec. VP of Banner Bank
    $ 410.00K $ 0
    Mr. Paul E. Folz , 54
    Exec. VP of Community and Exec. VP of Community Banking of Banner Bank
    $ 426.00K $ 0
    Ms. Cynthia Purcell , 51
    Chief Operating Officer of Banner Bank and Exec. VP of Banner Bank
    $ 477.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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