Banner Corporation is a regional bank holding company operating primarily through Banner Bank, a Washington-chartered commercial bank with roots dating back to 1890. The company's business model is centered on traditional community banking, generating revenue primarily through net interest income from its loan and deposit products. Banner Bank offers a comprehensive suite of financial services, including interest-bearing and non-interest-bearing checking accounts, money market accounts, savings accounts, and certificates of deposit. On the lending side, the bank originates commercial real estate loans, construction and land development loans, residential mortgages, agricultural loans, and consumer loans. The company also engages in mortgage banking operations through the origination and sale of one- to four-family residential loans in the secondary market. Geographically, Banner Corporation maintains a strong footprint in the Pacific Northwest and Western United States, with branch locations and loan offices spanning Washington, Oregon, California, Idaho, Utah, and Nevada. The bank differentiates itself through a 'Super Community Banking' model, which combines the broad product offerings and technological capabilities of a larger regional bank with the localized, relationship-driven service of a community bank.
