Banner Corporation Declares Quarterly Cash Dividend of $0.15 Per Share; Schedules 4Q13 Conference Call and Webcast

WALLA WALLA, Wash., Dec. 18, 2013 (GLOBE NEWSWIRE) -- Banner Corporation (Nasdaq:BANR), the parent company of Banner Bank and Islanders Bank, today announced its Board of Directors declared its regular quarterly cash $0.15 per share. The dividend will be payable January 13, 2014, to common shareholders of record on January 3, 2014.

Banner Corporation also announced that it will report fourth quarter 2013 results after the market closes on Wednesday, January 22, 2014. Management will host a conference call on Thursday, January 23 at 8:00 a.m. PST (11:00 a.m. EST) to discuss the results. The call will also be broadcast live via the internet.

Interested investors may listen to the call live at www.bannerbank.com. Investment professionals are invited to dial (480) 629-9835 to participate in the call. A replay will be available at www.bannerbank.com.

About the Company

Banner Corporation is a $4.3 billion bank holding company operating two commercial banks in Washington, Oregon and Idaho. Banner serves the Pacific Northwest region with a full range of deposit services and business, commercial real estate, construction, residential, agricultural and consumer loans. Visit Banner Bank on the Web at www.bannerbank.com.

CONTACT: MARK J. GRESCOVICH, PRESIDENT & CEO LLOYD W. BAKER, CFO (509) 527-3636Source:Banner Corporation