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Banner Corporation Announces Quarterly Cash Dividend of $0.18 Per Share, Schedules 4Q14 Conference Call and Webcast

WALLA WALLA, Wash., Dec. 17, 2014 (GLOBE NEWSWIRE) -- Banner Corporation (Nasdaq:BANR), the parent company of Banner Bank and Islanders Bank, today announced its Board of Directors declared a regular quarterly cash dividend of $0.18 per share. The dividend will be payable January 13, 2015, to common shareholders of record on January 2, 2015.

Banner Corporation also announced that it will report its fourth quarter 2014 results after the market closes on Wednesday, January 21, 2015. Management will host a conference call on Thursday, January 22 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 (866) 235-9915 to participate in the call. A replay will be available for two weeks at (877) 344-7529 using access code 10057528, or at www.bannerbank.com.

About the Company

Banner Corporation is a $4.7 billion bank holding company operating two commercial banks in Washington, Oregon and Idaho. Banner serves the Pacific Northwest region through a network of 93 branches 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