Banner Bank

Banner Bank Creates Opportunity Fund to Support Minority-Owned Small Businesses; Launches with Initial $1.5 Million Investment

Retrieved on: 
Tuesday, October 20, 2020
Small business, Banking, Professional services, Finance, Fictional characters, Marvel Comics characters, Creative works, Banner Bank, Lake Oswego, Oregon, San Juan County, Washington, Walla Walla, Washington, Walla!, Hulk

Establishing the Banner Bank Small Business Opportunity Fund is an important step in expanding our efforts to find new, meaningful ways to help eliminate racial and social inequities, Grescovich said.

Key Points: 
  • Establishing the Banner Bank Small Business Opportunity Fund is an important step in expanding our efforts to find new, meaningful ways to help eliminate racial and social inequities, Grescovich said.
  • Banner contributed to RCACs Re-Emerging Loan Fund (RELieF) to assist qualifying businesses as they re-emerge into their marketplaces post COVID-19.
  • By forming a new Banner Bank Fund, they will direct financial assistance to businesses in our California footprint.
  • Banner Bank is owned by Banner Corporation (NASDAQ GSM: BANR), a $14.4 billion bank holding company headquartered in Walla Walla, Washington.

Banner Corporation Schedules 3Q20 Conference Call and Webcast

Retrieved on: 
Tuesday, October 6, 2020
Banner Bank, Lake Oswego, Oregon, San Juan County, Washington, Walla Walla, Washington, NASDAQ, Lluís Companys, Walla Walla, New York Islanders, Finance, Spanish politicians, Companies

WALLA WALLA, Wash., Oct. 06, 2020 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR), the parent company of Banner Bank and Islanders Bank, today announced that it will report its third quarter 2020 results after the market closes on Wednesday, October 21, 2020.

Key Points: 
  • WALLA WALLA, Wash., Oct. 06, 2020 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR), the parent company of Banner Bank and Islanders Bank, today announced that it will report its third quarter 2020 results after the market closes on Wednesday, October 21, 2020.
  • Management will host a conference call on Thursday, October 22, 2020 at 8:00 a.m. PDT (11:00 a.m. EDT) to discuss the results.
  • A replay will be available for one week at (877) 344-7529 using access code 10147897 or at www.bannerbank.com .
  • 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 Corporation to Consolidate Islanders Bank into Banner Bank

Retrieved on: 
Thursday, July 23, 2020
Banner Bank, Lake Oswego, Oregon, San Juan County, Washington, Eastsound, Washington, Orcas Island, San Juan Islands, New York Islanders, Walla Walla, Washington, San Juan Airlines, Islanders, Globe Telecom, Companies

WALLA WALLA, Wash., July 22, 2020 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR), the parent company of Banner Bank and Islanders Bank, today announced leadership intends to merge Islanders Bank with and into Banner Bank, subject to regulatory approval.

Key Points: 
  • WALLA WALLA, Wash., July 22, 2020 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR), the parent company of Banner Bank and Islanders Bank, today announced leadership intends to merge Islanders Bank with and into Banner Bank, subject to regulatory approval.
  • Islanders Bank operates in the San Juan Islands region of Washington and has been a part of Banner Corporation for more than 10 years.
  • It is the right time to bring the two banks together, said Mark Grescovich, Banner Corporation President and CEO.
  • Islanders Bank operates three branches: Friday Harbor on San Juan Island, Eastsound on Orcas Island and Lopez Village on Lopez Islandall will remain open after converting to Banner Bank.

Banner Corporation Announces Completion of Subordinated Notes Offering

Retrieved on: 
Tuesday, June 30, 2020
U.S. Securities and Exchange Commission, Financial markets, Initial public offering, Websites, Finance, Banner Bank, Lake Oswego, Oregon, San Juan County, Washington, Prospectus, Securities Act, Registration statement, Walla!

WALLA WALLA, Wash., June 30, 2020 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) ("Banner"), the parent company of Banner Bank and Islanders Bank (the Banks), today announced that it had completed its previously announced underwritten offering and sale of its $100.0 million aggregate principal amount of 5.00% Fixed-to-Floating Rate Subordinated Notes due 2030 (the Notes).

Key Points: 
  • WALLA WALLA, Wash., June 30, 2020 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) ("Banner"), the parent company of Banner Bank and Islanders Bank (the Banks), today announced that it had completed its previously announced underwritten offering and sale of its $100.0 million aggregate principal amount of 5.00% Fixed-to-Floating Rate Subordinated Notes due 2030 (the Notes).
  • The Notes were sold at par, resulting in net proceeds, after underwriting discounts and estimated offering expenses, of approximately $98.0 million.
  • The offering of Notes was registered under the Securities Act of 1933, as amended, and issued under an effective registration statement on Form S-3 (File No.
  • The offer and sale of the Notes was made only by means of a prospectus supplement and accompanying prospectus related to the offering.

Banner Corporation Announces Pricing of Subordinated Notes Offering

Retrieved on: 
Friday, June 26, 2020
Finance, Money, Economy, Banner Bank, Lake Oswego, Oregon, San Juan County, Washington, Merrill Lynch, Stock market, Walla Walla, Washington, Security, BofA Securities, NASDAQ

WALLA WALLA, Wash., June 25, 2020 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) ("Banner"), the parent company of Banner Bank and Islanders Bank (the Banks), today announced the pricing of its public offering of $100.0 million aggregate principal amount of 5.00% Fixed-to-Floating Rate Subordinated Notes due 2030 (the Notes).

Key Points: 
  • WALLA WALLA, Wash., June 25, 2020 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) ("Banner"), the parent company of Banner Bank and Islanders Bank (the Banks), today announced the pricing of its public offering of $100.0 million aggregate principal amount of 5.00% Fixed-to-Floating Rate Subordinated Notes due 2030 (the Notes).
  • The Notes are intended to qualify as Tier 2 capital for regulatory purposes.
  • The offering is expected to close on June 30, 2020, subject to the satisfaction of customary closing conditions.
  • BofA Securities, Inc. and Piper Sandler & Co. are acting as book-running managers for the offering.

Banner Corporation Schedules 2Q20 Conference Call and Webcast

Retrieved on: 
Wednesday, June 24, 2020
Banner Bank, Lake Oswego, Oregon, San Juan County, Washington, Walla Walla, Washington, NASDAQ, Economy of the United States, Companies, Finance

WALLA WALLA, Wash., June 24, 2020 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR), the parent company of Banner Bank and Islanders Bank, today announced that it will report its second quarter 2020 results after the market closes on Wednesday, July 22, 2020.

Key Points: 
  • WALLA WALLA, Wash., June 24, 2020 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR), the parent company of Banner Bank and Islanders Bank, today announced that it will report its second quarter 2020 results after the market closes on Wednesday, July 22, 2020.
  • Management will host a conference call on Thursday, July 23, 2020 at 8:00 a.m. PDT (11:00 a.m. EDT) to discuss the results.
  • A replay will be available for one week at (877) 344-7529 using access code 10145372 or at www.bannerbank.com .
  • 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.

Flushing Financial Corporation to Host Second Quarter 2020 Earnings Call

Retrieved on: 
Tuesday, June 23, 2020
Financial services, Economy, Bank, Banking, Economic history of Italy, Finance, Mortgage industry of the United States, Liberty Bell Bank, Banner Bank

FLUSHING FINANCIAL CORPORATION (Nasdaq: FFIC) is the holding company for Flushing Bank, a New York Statechartered commercial bank insured by the Federal Deposit Insurance Corporation.

Key Points: 
  • FLUSHING FINANCIAL CORPORATION (Nasdaq: FFIC) is the holding company for Flushing Bank, a New York Statechartered commercial bank insured by the Federal Deposit Insurance Corporation.
  • As a leader in real estate lending, the Banks experienced lending team creates mortgage solutions for real estate owners and property managers both within and outside the New York City metropolitan area.
  • Flushing Bank is an Equal Housing Lender.
  • The Bank also operates an online banking division consisting of iGObanking.com, which offers competitively priced deposit products to consumers nationwide, and BankPurely, an eco-friendly, healthier lifestyle community brand.

KBRA Assigns Ratings to Banner Corporation

Retrieved on: 
Monday, June 22, 2020
Consulting, Banking, Professional services, Finance, Finance, Money, Economy, Credit, Debt, Kroll Bond Rating Agency, Credit rating agency, Unsecured debt, Subordinated debt, Bond credit rating, Banner Bank, Subordination

Kroll Bond Rating Agency (KBRA) assigns a senior unsecured debt rating of BBB+, a subordinated debt rating of BBB, and a short-term debt rating of K2 for Walla Walla, Washington-based Banner Corporation (NASDAQ: BANR) (the company).

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns a senior unsecured debt rating of BBB+, a subordinated debt rating of BBB, and a short-term debt rating of K2 for Walla Walla, Washington-based Banner Corporation (NASDAQ: BANR) (the company).
  • In addition, KBRA assigns deposit and senior unsecured debt ratings of A-, a subordinated debt rating of BBB+, and short-term deposit and debt ratings of K2 for Banner Bank, the lead subsidiary.
  • The ratings are supported by BANRs highly experienced management team that executes a higher touch commercially oriented banking model over a reasonably broad geographic footprint.
  • KBRA continues to monitor the potential direct and indirect effects of the coronavirus on the banking sector, among others.

Celebrate 70 Years With Community Bank of the Chesapeake’s 2021 Calendar Contest

Retrieved on: 
Wednesday, June 3, 2020
Banner Bank, Lake Oswego, Oregon, San Juan County, Washington

WALDORF, Md., June 03, 2020 (GLOBE NEWSWIRE) -- Community Bank of the Chesapeake kicks off their annual Calendar Contest, inviting community members to submit their photographs to help fill their 2021 community calendar.

Key Points: 
  • WALDORF, Md., June 03, 2020 (GLOBE NEWSWIRE) -- Community Bank of the Chesapeake kicks off their annual Calendar Contest, inviting community members to submit their photographs to help fill their 2021 community calendar.
  • Photos will be selected by the Bank and community voting to fill the Banks 2021 calendar.
  • Headquartered in Waldorf, Maryland, Community Bank of the Chesapeake is a full-service commercial bank, with assets over $1.7 billion.
  • Community Bank of the Chesapeake is a wholly owned subsidiary of The Community Financial Corporation (NASDAQ: TCFC).

Banner Corporation Announces Changes to Annual Meeting of Shareholders to be Held on April 29, 2020

Retrieved on: 
Thursday, April 9, 2020
Banner Bank, Lake Oswego, Oregon, San Juan County, Washington, Stock market, Walla Walla, Washington, Shareholder, Economy, Companies

WALLA WALLA, Wash., April 09, 2020 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (the "Company"), the parent company of Banner Bank and Islanders Bank, announced today a change of its 2020 annual meeting of shareholders.

Key Points: 
  • WALLA WALLA, Wash., April 09, 2020 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR) (the "Company"), the parent company of Banner Bank and Islanders Bank, announced today a change of its 2020 annual meeting of shareholders.
  • The annual shareholder meeting will be still be held on Wednesday, April 29, 2020, at 10:00 a.m., Pacific Time but shareholders can participate in the meeting only online at www.meetingcenter.io/244593408.
  • Shareholders will not be able to attend the annual meeting in person.
  • 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.