Banner Corporation Announces Quarterly Cash Dividend of $0.18 Per Share, Schedules 2Q14 Conference Call and Webcast

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WALLA WALLA, Wash., June 25, 2014 (GLOBE NEWSWIRE) -- Banner Corporation 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 July 15, 2014, to common shareholders of record on July 7, 2014.

Banner Corporation also announced that it will report second quarter 2014 results after the market closes on Wednesday, July 23, 2014. Management will host a conference call on Thursday, July 24 at 8:00 a.m. PDT (11:00 a.m. EDT) 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 (888) 317-6016 to participate in the call. A replay will be available for one month at (877) 344-7529 using access code 10048471, or at www.bannerbank.com.

About the Company

Banner Corporation is a $4.5 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) 527-3636
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