Banner Corporation (BANR)

45.49 +0.11 (+0.24%) As of 02:46PM EDT. Market open.

Banner Corporation

10 South First Avenue
Walla Walla, WA 99362
United States
509 527 3636
https://www.bannerbank.com

Sector(s): Financial Services
Industry: Banks - Regional
Full Time Employees: 1,966

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Mark J. Grescovich	President, CEO & Director	1.86M	N/A	1964
Mr. Robert G. Butterfield	Executive VP, CFO & Treasurer	1.77M	N/A	1969
Ms. Cynthia D. Purcell	Executive VP and Chief Strategy & Administration Officer of Banner Bank	744k	N/A	1957
Mr. James P. G. McLean	Executive VP & Commercial Real Estate Executive of Banner Bank	561.72k	N/A	1965
Mr. James M. Costa	Executive VP & Chief Risk Officer of Banner Bank	629.27k	N/A	1969
Mr. Rich Arnold	Head of Investor Relations	N/A	N/A	N/A
Ms. Sherrey Luetjen	Executive VP, General Counsel, Ethics Officer & Secretary	N/A	N/A	1972

Amounts are as of December 31, 2023 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 that engages in the provision of commercial banking and financial products and services to individuals, businesses, and public sector entities in the United States. It accepts various deposit instruments, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, regular savings accounts, and certificates of deposit, as well as treasury management services and retirement savings plans. The company also provides commercial real estate loans, including owner-occupied, investment properties, and multifamily residential real estate loans; construction, land, and land development loans; one- to four-family residential real estate lending; commercial business loans; agricultural loans; consumer and other loans, such as home equity lines of credit, automobile, and boat and recreational vehicle loans, as well as loans secured by deposit accounts; and small business administration loans. In addition, it provides electronic and digital banking services comprising debit cards and ATMs, internet banking, remote deposit, and mobile banking services. The company was founded in 1890 and is based in Walla Walla, Washington.

Corporate Governance

Banner Corporation’s ISS Governance QualityScore as of April 1, 2024 is 1. The pillar scores are Audit: 3; Board: 1; Shareholder Rights: 4; Compensation: 1.

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.