Banner Bank

Santa Cruz County Bank Declares Increase in Quarterly Cash Dividend Payment to Shareholders

Retrieved on: 
Wednesday, September 21, 2022

SANTA CRUZ, Calif., Sept. 21, 2022 /PRNewswire/ -- Santa Cruz County Bank www.sccountybank.com (OTCQX: SCZC),with assets over $1.76 billion, is a top-rated community bank headquartered in Santa Cruz County.

Key Points: 
  • SANTA CRUZ, Calif., Sept. 21, 2022 /PRNewswire/ -- Santa Cruz County Bank www.sccountybank.com (OTCQX: SCZC),with assets over $1.76 billion, is a top-rated community bank headquartered in Santa Cruz County.
  • In 2022, the Board of Directors of Santa Cruz County Bank have declared a 2-for-1 stock split, two increased quarterly cash dividends, and a $5 million share repurchase program."
  • For the quarter ended June 30, 2022, Santa Cruz County Bank reported $6.37 million in net income, a 20% increase over the same period in 2021.
  • Santa Cruz County Bank stock is publicly traded on the OTCQX U.S. Premier marketplace under the symbol SCZC.

Santa Cruz County Bank Announces $5 Million Share Repurchase Program

Retrieved on: 
Monday, July 25, 2022

SANTA CRUZ, Calif., July 25, 2022 /PRNewswire/ -- Santa Cruz County Bank (OTCQX: SCZC), today announced the launch of a $5 million Share Repurchase Program.

Key Points: 
  • SANTA CRUZ, Calif., July 25, 2022 /PRNewswire/ -- Santa Cruz County Bank (OTCQX: SCZC), today announced the launch of a $5 million Share Repurchase Program.
  • This Program further demonstrates our commitment to enhancing the value for all stockholders investing in Santa Cruz County Bank."
  • The Board's authorization for the Program permits the repurchase of up to $5 million of Santa Cruz County Bank common shares in open market and privately-negotiated transactions.
  • Locally-owned and operated, Santa Cruz County Bank is a full-service community bank headquartered in Santa Cruz, California.

Banner Corporation Announces Second Quarter 2022 Conference Call and Webcast

Retrieved on: 
Thursday, June 30, 2022

WALLA WALLA, Wash., June 30, 2022 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (Banner), the parent company of Banner Bank, today announced that it will report its second quarter results after the market closes on Wednesday, July 20, 2022.

Key Points: 
  • WALLA WALLA, Wash., June 30, 2022 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (Banner), the parent company of Banner Bank, today announced that it will report its second quarter results after the market closes on Wednesday, July 20, 2022.
  • Management will host a conference call on Thursday, July 21, 2022, at 8:00 a.m. PDT (11:00 a.m. EDT) to discuss the results.
  • Banner Corporation expressly disclaims any obligation to update or revise any forward-looking statements found herein to reflect any changes in the Companys expectations of results or any change in events.
  • Transmitted on Globe Newswire on June 30, 2022 at 6:00 a.m. PDT.

Banner Corporation Announces Results of Annual Meeting, Shareholders Approve All Proposals and Confirm All Nominated Directors to Board

Retrieved on: 
Thursday, May 19, 2022

WALLA WALLA, Wash., May 19, 2022 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR), (Company), the parent company of Banner Bank, today announced that shareholders approved all proposals and re-elected all director nominees at its 2022 Annual Meeting of Shareholders held virtually on May 18, 2022.

Key Points: 
  • WALLA WALLA, Wash., May 19, 2022 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR), (Company), the parent company of Banner Bank, today announced that shareholders approved all proposals and re-elected all director nominees at its 2022 Annual Meeting of Shareholders held virtually on May 18, 2022.
  • This press release contains statements that the Company believes are forward-looking statements.
  • These statements relate to the Companys financial condition, results of operations, plans, objectives, future performance or business.
  • Banner Corporation expressly disclaims any obligation to update or revise any forward-looking statements found herein to reflect any changes in the Companys expectations of results or any change in events.

Santa Cruz County Bank Announces Launch of New Asset-Based Lending Division Led by Lee Shodiss and Shelly Medina

Retrieved on: 
Monday, May 23, 2022

SANTA CRUZ, Calif., May 23, 2022 /PRNewswire/ -- Santa Cruz County Bank (OTCQX: SCZC), today announced the launch of its Asset-Based Lending Division led by Lee Shodiss and Shelly Medina.

Key Points: 
  • SANTA CRUZ, Calif., May 23, 2022 /PRNewswire/ -- Santa Cruz County Bank (OTCQX: SCZC), today announced the launch of its Asset-Based Lending Division led by Lee Shodiss and Shelly Medina.
  • Director of Asset Based Lending Division, Lee Shodiss
    Mr. Shodiss joined the Bank as Senior Vice President and Director of Asset-Based Lending (ABL) in April 2022.
  • Santa Cruz County Bank is distinguished from "big banks" by its relationship-based service, problem-solving focus and direct access to decision makers.
  • Santa Cruz County Bank stock is publicly traded on the OTCQX U.S. Premier marketplace under the symbol SCZC.

J.D. Power Again Ranks Banner Bank Highest in the Northwest for Retail Customer Satisfaction

Retrieved on: 
Thursday, April 7, 2022

Banner Bank again ranked highest in the Northwest region for customer satisfaction, according to the just-released J.D.

Key Points: 
  • Banner Bank again ranked highest in the Northwest region for customer satisfaction, according to the just-released J.D.
  • This is the sixth time* in the past decade that Banner Bank has earned this recognition.
  • Power because it is based on the opinions of our clients, said Mark Grescovich, President & CEO of Banner Bank.
  • Power U.S. Retail Banking Satisfaction Study is the longest-running and most in-depth independent study of the retail banking customers available.

Banner Corporation Announces First Quarter 2022 Conference Call and Webcast

Retrieved on: 
Thursday, March 31, 2022

WALLA WALLA, Wash., March 31, 2022 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (Banner), the parent company of Banner Bank, today announced that it will report its first quarter results after the market closes on Wednesday, April 20, 2022.

Key Points: 
  • WALLA WALLA, Wash., March 31, 2022 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (Banner), the parent company of Banner Bank, today announced that it will report its first quarter results after the market closes on Wednesday, April 20, 2022.
  • Management will host a conference call on Thursday, April 21, 2022, at 8:00 a.m. PDT (11:00 a.m. EDT) to discuss the results.
  • Investment professionals are invited to dial (844) 200-6205 using access code 982074 to participate in the call.
  • Banner Corporation expressly disclaims any obligation to update or revise any forward-looking statements found herein to reflect any changes in the Companys expectations of results or any change in events.

Banner Bank Ranked Among Top 50 U.S. Public Banks

Retrieved on: 
Thursday, March 31, 2022

The new ranking measured the financial performance of publicly-traded banks with more than $10 billion in total assets at year-end 2021.

Key Points: 
  • The new ranking measured the financial performance of publicly-traded banks with more than $10 billion in total assets at year-end 2021.
  • While this is the first year for this category, it is part of S&Ps broader annual rankings of best-performing banks and credit unions.
  • Banner Bank is a Washington-chartered commercial bank that conducts business in Washington, Oregon, California and Idaho.
  • Banner Bank is part of Banner Corporation (NASDAQ GSM: BANR), a $16.8 billion bank holding company headquartered in Walla Walla, Washington.

Santa Cruz County Bank Declares Quarterly Cash Dividend Payment to Shareholders and Change in 2-for-1 Stock Split Payment Date

Retrieved on: 
Wednesday, March 16, 2022

SANTA CRUZ, Calif., March 15, 2022 /PRNewswire/ -- Santa Cruz County Bank www.sccountybank.com (OTCQX: SCZC),with assets over $1.7 billion, is a top-rated community bank headquartered in Santa Cruz County.

Key Points: 
  • SANTA CRUZ, Calif., March 15, 2022 /PRNewswire/ -- Santa Cruz County Bank www.sccountybank.com (OTCQX: SCZC),with assets over $1.7 billion, is a top-rated community bank headquartered in Santa Cruz County.
  • Chairman William J. Hansen stated, "The Board of Directors of Santa Cruz County Bank are pleased to announce an increase to the quarterly cash dividend paid to our shareholders.
  • This cash payment follows the recent 2-for-1 stock split declared by the Board, whereby our shareholders will receive one share of stock for every share held as of the record date."
  • Santa Cruz County Bank stock is publicly traded on the OTCQX marketplace under the symbol SCZC.

Purcell Promoted to Chief Strategy and Administration Officer

Retrieved on: 
Tuesday, January 11, 2022

The Banner Bank board of directors announced today that Cynthia Cindy Purcell has been promoted to Executive Vice President, Chief Strategy and Administration Officer.

Key Points: 
  • The Banner Bank board of directors announced today that Cynthia Cindy Purcell has been promoted to Executive Vice President, Chief Strategy and Administration Officer.
  • View the full release here: https://www.businesswire.com/news/home/20220111006110/en/
    Cynthia Purcell, Executive Vice President, Chief Strategy and Administration Officer, Banner Bank (Photo: Business Wire)
    This promotion formally recognizes the expanded role Cindy has taken on over the past 12 months, as well as the ongoing, significant contributions she has made for our clients and our Bank, said Mark Grescovich, Banner Bank CEO.
  • In her new role, Purcell will lead the execution of the Banks long-term corporate strategic objectives.
  • Early in her career, she was Chief Financial Officer of a community bank that later merged into Banner Bank.