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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