BANR - Banner Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Banner Corporation

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

Sector : Financial Services
Industry : Banks - Regional - US
Full Time Employees : 2,187

Key Executives

Name Title Pay Exercised Year Born
Mr. Mark J. Grescovich Pres, CEO & Director 1.55M N/A 1964
Mr. Peter J. Conner Exec. VP, CFO & Treasurer 550.25k N/A 1966
Ms. Cynthia D. Purcell Exec. VP, Retail Banking & Admin. of Banner Bank 550.68k N/A 1957
Mr. Keith A. Western Exec. VP of Commercial Banking of South of Banner Bank 534.59k N/A 1956
Mr. Craig Miller Exec. VP, Gen. Counsel & Ethics Officer N/A N/A 1952
Amounts are as of December 31, 2018 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 that 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, 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; 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 the mortgage banking operations through the origination and sale of one- to four-family and multi-family residential loans. Further, the company provides electronic and digital banking services. As of December 31, 2018, it operated 182 branch offices, including 179 Banner Bank branches and 3 Islanders Bank branches located in Washington, Oregon, California, and Idaho. It also operates 17 Banner Bank loan production offices located in Washington, Oregon, California, Idaho, and Utah. Banner Corporation was founded in 1890 and is based in Walla Walla, Washington.

Corporate Governance

Banner Corporation’s ISS Governance QualityScore as of July 29, 2019 is 4. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 6; Compensation: 2.

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.