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Banner Corporation (BANR)

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Banner Corporation

10 South First Avenue
Walla Walla, WA 99362
United States
509-527-3636
http://www.banrbank.com

SectorFinancial
IndustryRegional - Mid-Atlantic Banks
Full Time Employees1,942

Key Executives

NameTitlePayExercisedAge
Mr. Mark J. GrescovichCEO, Pres, Director, CEO of Banner Bank, Pres of Banner Bank and Director of Banner Bank1.16MN/A52
Mr. Lloyd W. BakerChief Financial Officer, Exec. VP and Exec. VP - Banner Bank398.26kN/A68
Ms. Cynthia D. PurcellExec. VP of Retail Banking & Admin and Exec. VP of Retail Banking & Admin - Banner Bank444.5kN/A59
Mr. Keith A. WesternEVP of California & Southern Oregon Commercial Banking441.56kN/A61
Mr. Richard B. BartonChief Credit Officer of Banner Bank and Exec. VP of Banner Bank415.3kN/A73
Amounts are as of December 31, 2016 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. Currency in USD.

Description

Banner Corporation operates as the bank holding company for Banner Bank and Islanders Bank, which provides commercial banking and financial products and services to individuals, businesses, and public sector entities primarily in the United States. It offers deposit products, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, regular savings accounts, certificates of deposit, cash management services, and retirement savings plans. The company also provides commercial real estate loans, including owner-occupied, investment properties, and multifamily residential real estate; construction, land, and land development loans; residential mortgage loans; commercial business loans; agricultural loans; and consumer loans, such as home equity lines of credit, automobile, and boat and recreational vehicle loans, as well as loans secured by deposit accounts. In addition, it engages in mortgage banking operations through the origination and sale of one- to four-family and multi-family residential loans. As of December 31, 2016, Banner Bank operated 187 branch offices and 11 loan production offices in Washington, Oregon, California, Utah, and Idaho; and Islanders Bank conducted business from 3 locations in San Juan County, Washington. Banner Corporation was founded in 1890 and is based in Walla Walla, Washington.

Corporate Governance

Banner Corporation’s ISS Governance QualityScore as of August 1, 2017 is 8. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 10; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.