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Banner Bank

Walla Walla, WA · Cert 28489 · Banner Corp.

State charter, non-member · FDIC · 137 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks over $10B in assets3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks over $10B in assets (n=142 to 144). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

49

Q2 2024Q2 2026peer median (50)

Asset Quality

84

Q2 2024Q2 2026peer median (50)

Profitability

60

Q2 2024Q2 2026peer median (50)

Liquidity

89

Q2 2024Q2 2026peer median

Efficiency

32

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Banner Bank

Walla Walla, WA · Cert 28489 · Banner Corp.

State charter, non-member · FDIC · 137 branches

Q2 2026

$16.6BAssets
$12.0BLoans
$13.9BDeposits
$2.0BEquity
Loan mix
90%RE $10.0B9%C&I $1.0B1%Consumer $0.1BQ2 2025Q2 2026
Deposit mix
67%Interest-bearing $9.3B33%Noninterest $4.6BQ2 2025Q2 2026

NIM

4.65%Q2 ’244.79%Q2 ’254.82%Q2 ’26+5%+5%

Non-interest income vs. expense

2.40%Q2 ’242.42%Q2 ’252.49%Q2 ’26+1%+3%

Market Position · Seattle-Tacoma-Bellevue, WA · 2026 SOD (annual) · 1.4% share · #12 of 43 inst. · $2.0B of $143.1B

1.5% King
9.0% Spokane
23.2% Yakima
0.7% San Diego

Executive Summary

  • Earnings: ROA of 1.31%, up 14 bps year over year; NIM at 3.77%.
  • Asset quality: problem loans at 0.46% of loans (+9 bps YoY), with net charge-offs at 0.02%.
  • Capital: tier 1 leverage ratio of 11.15%, up 34 bps from a year ago.
  • Funding: loans stand at 86.57% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.31%+14 bps YoY

Net Interest Margin (YTD, annualized)

3.77%+18 bps YoY

Efficiency Ratio (YTD, annualized)

60.03%-104 bps YoY

Tier 1 Leverage Ratio

11.15%+34 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.17%1.22%1.24%1.38%1.31%+14 bps
Return on Equity10.30%10.65%10.79%11.58%10.97%+67 bps
Net Interest Margin3.59%3.61%3.64%3.75%3.77%+18 bps
Efficiency Ratio61.07%60.18%60.12%58.82%60.03%-104 bps
Non-Interest Burden1.98%1.95%1.97%1.96%2.03%+5 bps
Growth
Asset Growth (YoY)3.88%2.20%0.85%0.93%0.94%-294 bps
Loan Growth (YoY)5.12%3.71%3.32%2.43%2.50%-261 bps
Deposit Growth (YoY)3.43%3.44%1.63%1.84%2.15%-128 bps
Asset Quality
Nonperforming Loans / Loans0.37%0.34%0.39%0.39%0.46%+9 bps
Net Charge-Offs / Loans0.06%0.07%0.06%0.04%0.02%-4 bps
Allowance / Loans1.37%1.36%1.36%1.37%1.35%-2 bps
Allowance Coverage of NPLs3.7x4.0x3.5x3.5x3.0x-0.8x
Capital
Tier 1 Leverage Ratio10.81%10.91%10.95%11.09%11.15%+34 bps
Total Risk-Based Capital13.96%14.16%14.14%14.16%13.95%-1 bps
Equity / Assets11.37%11.62%11.94%11.95%11.92%+55 bps
Liquidity & Funding
Loans / Deposits86.27%83.28%85.18%84.30%86.57%+30 bps
Liquid Assets / Assets7.46%8.77%7.35%7.36%6.93%-53 bps
CRE / Total Capitaln/a414%412%412%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Banner Bank

Walla Walla, WA · Cert 28489 · Peer group: banks over $10B in assets (n=142-144) · Banner Corp.

State charter, non-member · FDIC · 137 branches

Q2 2026

$16.6BAssets
$12.0BLoans
$13.9BDeposits
$2.0BEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 89% of banks over $10B in assets (rank 17 of 142).
  • Widest gap: efficiency ratio trails 68% of banks over $10B in assets (rank 99 of 144).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

1.30%

Rank 68 of 144

Net Interest Margin

3.77%

Rank 27 of 144

Efficiency Ratio

60.18%

Rank 99 of 144

Equity / Assets

11.92%

Rank 55 of 144

Non-interest income vs. expense

$76.9M$414.4MINCOMEEXPENSE
Unfavorable gap of $337.5M · efficiency ratio beats 32% of banks over $10B in assets
Bank 60.18%Peer median 56.0%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.30%1.00%1.26%1.54%Beats 53%68 / 144
Return on Equity10.88%8.98%11.34%14.40%Beats 45%79 / 144
Net Interest Margin3.77%2.82%3.31%3.68%Beats 81%27 / 144
Efficiency Ratio60.18%49.42%56.02%62.41%Beats 32%99 / 144
Asset Quality
Nonperforming Loans / Loans0.46%0.48%0.73%1.07%Beats 78%32 / 142
Net Charge-Offs / Loans0.02%0.05%0.11%0.22%Beats 89%17 / 142
Capital
Tier 1 Capital Ratio12.71%12.07%12.98%14.92%Beats 44%81 / 144
Total Risk-Based Capital Ratio13.95%13.39%14.14%16.25%Beats 41%85 / 144
Equity / Assets11.92%9.69%11.39%12.96%Beats 62%55 / 144
Liquidity & Funding
Loans / Deposits86.57%75.72%84.92%91.56%52nd pctl68 / 143
Loans / Assets72.48%59.83%69.07%74.80%63rd pctl54 / 144
Brokered Deposits / Depositsn/aNot reported for this institution