Banner Bank Mortgage Rates, Fees & Info

Walla Walla, WA

LEI: WE0I402RW25AU38DTI13

Tax ID: 91-1645638

4.3 stars - out of 5 stars, based on 80 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Banner Bank is a small bank specializing in Home Purchase loans. Banner Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets include Seattle, Portland, Spokane, Wenatchee, and Medford among others. Banner Bank has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Banner Bank is typically an average fee lendor.


Originations

6,436

Origination Dollar Volume (All Markets)

$2,518,960,000

Employee count

1,948 Show all (10) awards

Relative Rate

Banner Bank's average 30 year fixed rate mortgage of loans were 3.05%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.1%.

Relative Fees

Banner Bank's average total fees for a 30 year fixed rate mortgage are $5,742.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1,110 $473,920,000 $426,955 $7,723 4.04%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 700 $288,590,000 $412,271 $9,110 4.06%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 562 $132,210,000 $235,249 $6,291 3.81%
WENATCHEE, WA (FHA|USDA|VA) 308 $127,130,000 $412,760 $7,822 3.48%
MEDFORD, OR (FHA|USDA|VA) 176 $116,450,000 $661,648 $7,350 3.86%
BELLINGHAM, WA (FHA|USDA|VA) 265 $108,765,000 $410,434 $4,970 3.54%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 116 $90,590,000 $780,948 $6,994 4.34%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 251 $83,685,000 $333,406 $8,444 4.44%
Outside of Metro Areas 266 $66,040,000 $248,271 $6,894 4.00%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 184 $64,770,000 $352,011 $8,165 4.34%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 197 $62,485,000 $317,183 $6,434 3.75%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 101 $61,305,000 $606,980 $8,756 4.25%
BOISE CITY, ID (FHA|USDA|VA) 156 $61,170,000 $392,115 $5,669 3.73%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 218 $57,230,000 $262,523 $5,292 3.65%
YAKIMA, WA (FHA|USDA|VA) 205 $55,805,000 $272,220 $5,505 3.58%
WALLA WALLA, WA (FHA|USDA|VA) 190 $53,790,000 $283,105 $6,311 3.63%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 5 $53,705,000 $10,741,000 $13,964 3.47%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 31 $49,985,000 $1,612,419 $10,762 4.27%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 187 $42,815,000 $228,957 $5,621 3.59%
CHICO, CA (FHA|USDA|VA) 27 $39,295,000 $1,455,370 $11,371 4.49%
Coos Bay, OR (FHA|USDA|VA) 140 $31,450,000 $224,643 $6,945 3.82%
Moses Lake, WA (FHA|USDA|VA) 88 $31,010,000 $352,386 $6,678 3.91%
Hermiston-Pendleton, OR (FHA|USDA|VA) 147 $29,775,000 $202,551 $5,229 3.87%
BEND, OR (FHA|USDA|VA) 26 $28,570,000 $1,098,846 $9,546 3.66%
FRESNO, CA (FHA|USDA|VA) 5 $24,785,000 $4,957,000 $2,881 3.46%
Outside of Metro Areas 80 $24,210,000 $302,625 $8,998 3.85%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 6 $19,780,000 $3,296,667 $0 3.37%
Oak Harbor, WA (FHA|USDA|VA) 58 $18,030,000 $310,862 $6,972 3.68%
LONGVIEW, WA (FHA|USDA|VA) 41 $16,055,000 $391,585 $7,978 3.63%
Sandpoint, ID (FHA|USDA|VA) 34 $14,990,000 $440,882 $11,178 3.78%
GRANTS PASS, OR (FHA|USDA|VA) 47 $14,385,000 $306,064 $7,609 3.90%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 11 $13,735,000 $1,248,636 $16,390 3.52%
Roseburg, OR (FHA|USDA|VA) 50 $11,160,000 $223,200 $6,730 4.05%
Ellensburg, WA (FHA|USDA|VA) 28 $10,950,000 $391,071 $9,186 4.05%
SALEM, OR (FHA|USDA|VA) 27 $10,915,000 $404,259 $9,072 4.15%
La Grande, OR (FHA|USDA|VA) 48 $9,270,000 $193,125 $5,497 3.78%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 27 $8,635,000 $319,815 $6,403 3.61%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 3 $8,005,000 $2,668,333 $0 3.69%
Pullman, WA (FHA|USDA|VA) 33 $7,715,000 $233,788 $6,028 3.69%
LEWISTON, ID-WA (FHA|USDA|VA) 38 $7,560,000 $198,947 $4,680 3.46%
Red Bluff, CA (FHA|USDA|VA) 39 $7,285,000 $186,795 $6,992 4.24%
Shelton, WA (FHA|USDA|VA) 21 $6,825,000 $325,000 $6,801 3.39%
REDDING, CA (FHA|USDA|VA) 19 $6,425,000 $338,158 $9,421 4.29%
Moscow, ID (FHA|USDA|VA) 21 $6,385,000 $304,048 $7,716 3.63%
ALBANY-LEBANON, OR (FHA|USDA|VA) 16 $6,240,000 $390,000 $11,066 4.21%
SALT LAKE CITY, UT (FHA|USDA|VA) 3 $6,095,000 $2,031,667 $0 3.62%
Truckee-Grass Valley, CA (FHA|USDA|VA) 10 $4,660,000 $466,000 $11,762 3.63%
Centralia, WA (FHA|USDA|VA) 14 $4,570,000 $326,429 $6,471 3.37%
VALLEJO, CA (FHA|USDA|VA) 5 $3,385,000 $677,000 $14,682 3.35%
TWIN FALLS, ID (FHA|USDA|VA) 10 $2,770,000 $277,000 $7,012 3.52%
The Dalles, OR (FHA|USDA|VA) 3 $2,605,000 $868,333 $12,546 3.58%
Astoria, OR (FHA|USDA|VA) 7 $2,215,000 $316,429 $7,302 4.10%
Klamath Falls, OR (FHA|USDA|VA) 7 $2,165,000 $309,286 $9,275 3.95%
YUBA CITY, CA (FHA|USDA|VA) 7 $2,125,000 $303,571 $8,861 3.53%
Aberdeen, WA (FHA|USDA|VA) 9 $1,895,000 $210,556 $7,475 3.94%
Newport, OR (FHA|USDA|VA) 5 $1,835,000 $367,000 $9,286 3.93%
Othello, WA (FHA|USDA|VA) 5 $1,775,000 $355,000 $9,073 3.55%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 4 $1,600,000 $400,000 $10,001 4.53%
PROVO-OREM, UT (FHA|USDA|VA) 1 $1,435,000 $1,435,000 $0 3.58%
Ukiah, CA (FHA|USDA|VA) 1 $1,265,000 $1,265,000 $7,576 3.25%
Prineville, OR (FHA|USDA|VA) 2 $1,240,000 $620,000 $10,441 4.50%
Hood River, OR (FHA|USDA|VA) 3 $1,225,000 $408,333 $10,152 4.29%
TUCSON, AZ (FHA|USDA|VA) 1 $1,185,000 $1,185,000 $0 3.63%
STOCKTON, CA (FHA|USDA|VA) 3 $1,135,000 $378,333 $9,067 3.66%
CORVALLIS, OR (FHA|USDA|VA) 3 $1,065,000 $355,000 $12,075 4.38%
MODESTO, CA (FHA|USDA|VA) 2 $990,000 $495,000 $6,561 3.13%
Brookings, OR (FHA|USDA|VA) 4 $940,000 $235,000 $7,642 3.56%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $855,000 $855,000 $19,162 3.75%
SALINAS, CA (FHA|USDA|VA) 2 $760,000 $380,000 $12,179 4.06%
NAPA, CA (FHA|USDA|VA) 1 $705,000 $705,000 $5,114 3.50%
BAKERSFIELD, CA (FHA|USDA|VA) 2 $670,000 $335,000 $12,132 4.38%
RENO, NV (FHA|USDA|VA) 1 $665,000 $665,000 $0 3.73%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $655,000 $655,000 $0 3.78%
Port Angeles, WA (FHA|USDA|VA) 3 $605,000 $201,667 $2,497 4.16%
Rexburg, ID (FHA|USDA|VA) 2 $500,000 $250,000 $4,614 2.94%
Ontario, OR-ID (FHA|USDA|VA) 1 $465,000 $465,000 $10,627 4.50%
Hailey, ID (FHA|USDA|VA) 2 $430,000 $215,000 $5,099 3.00%
MADERA, CA (FHA|USDA|VA) 1 $415,000 $415,000 $11,281 4.63%
Mountain Home, ID (FHA|USDA|VA) 1 $95,000 $95,000 $0 5.74%
Burley, ID (FHA|USDA|VA) 1 $85,000 $85,000 $0 7.75%

Banner Bank's top markets include Seattle, Portland, Spokane, Wenatchee, and Medford among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 6,084 $2,398,200,000 $394,181 $7,068 3.97%
VA 176 $65,680,000 $373,182 $7,597 2.45%
FHA 160 $50,970,000 $318,563 $9,245 2.66%
USDA 16 $4,110,000 $256,875 $5,802 2.44%

For the 2021 period, Banner Bank's most frequently originated loan type of loans were Conventional, with 6,084 originations. Their 2nd most popular type is VA, with 176 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 2,571 $1,519,435,000 $590,990 $8,697 3.60%
Home Improvement 1,389 $184,615,000 $132,912 $7,067 5.01%
Cash Out Refi 1,346 $389,610,000 $289,458 $5,370 3.12%
Refi 667 $356,485,000 $534,460 $5,668 3.47%
Other 463 $68,815,000 $148,629 $6,251 5.05%

For the 2021, Banner Bank's most frequently cited loan purpose of loans were Home Purchase, with 2,571 originations. The 2nd most popular reason of loans were Home Improvement, with 1,389 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 2,656 $1,145,630,000 $431,337 $5,742 3.05%
Other 2,254 $625,770,000 $277,626 $9,199 5.00%
30+ year 911 $491,715,000 $539,753 $12,348 4.17%
15 Year 386 $83,650,000 $216,710 $4,162 2.78%
20 Year 130 $31,830,000 $244,846 $4,785 3.21%
10 Year 74 $86,150,000 $1,164,189 $3,216 3.97%
5 Year 15 $52,365,000 $3,491,000 $383 4.38%
3 Year 8 $1,440,000 $180,000 $0 4.49%
1 Year 2 $410,000 $205,000 $2,196 6.63%

For the 2021, Banner Bank's most frequently cited loan length of loans were 30 Year, with 2,656 originations. The 2nd most popular length of loans were Other, with 2,254 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$5k+ 983 $596,245,000 $606,556
$<1k 861 $254,895,000 $296,045
$3k-4k 790 $266,060,000 $336,785
$1k-2k 611 $150,105,000 $245,671
$2k-3k 538 $145,600,000 $270,632

$5,742 of loans were Banner Bank's average total fees, while their most frequently occuring range of origination fees were in the $5k+ bucket, with 983 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 2,001 $1,163,775,000 $581,597
4-5% 1,747 $530,935,000 $303,912
2.5-3% 1,387 $584,815,000 $421,640
5-6% 598 $70,470,000 $117,843
<2.5% 435 $143,965,000 $330,954
6-7% 200 $18,970,000 $94,850
7-8% 47 $3,805,000 $80,957
Over 8% 21 $2,225,000 $105,952

During 2021, Banner Bank's average interest rate of loans were 3.05%, while their most frequently originated rate bucket of loans were 3-4%, with 2,001 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 2,110 $609,290,000 $288,763 $6,115 3.50%
$100k-200k 1,437 $200,385,000 $139,447 $4,085 3.99%
$100,000 or less 1,208 $67,900,000 $56,209 $2,377 4.84%
$400k-600k 1,049 $506,695,000 $483,027 $8,653 3.58%
$600k-1MM 406 $305,790,000 $753,177 $12,038 3.75%
$1MM+ 226 $828,900,000 $3,667,699 $19,089 3.59%

2021 saw Banner Bank place emphasis on $200k-400k loans with 2,110 originations, totaling $609,290,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 1,359 $391,755,000 $288,267 $7,973 4.00%
$150k-250k 1,259 $431,575,000 $342,792 $9,177 4.23%
$50k-75k 1,065 $219,105,000 $205,732 $5,478 3.61%
$75k-100k 910 $225,090,000 $247,352 $6,290 3.79%
$250k+ 845 $401,745,000 $475,438 $11,326 4.23%
$50k or less 605 $87,705,000 $144,967 $4,135 3.44%

Banner Bank lent most frequently to those with incomes in the $100k-150k range, with 1,359 originations. The second most popular income band? $150k-250k, with 1,259 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 1,529 $390,665,000 $255,504 $6,422 4.07%
30-36% 1,196 $347,190,000 $290,293 $7,314 3.94%
<20% 833 $182,615,000 $219,226 $5,964 4.15%
42% 369 $119,185,000 $322,995 $8,877 4.16%
41% 262 $88,830,000 $339,046 $8,194 3.91%
40% 245 $74,375,000 $303,571 $7,730 3.93%
38% 232 $84,730,000 $365,216 $8,186 3.68%
39% 224 $66,990,000 $299,063 $7,144 3.88%
43% 218 $71,170,000 $326,468 $8,081 3.72%
36% 205 $59,155,000 $288,561 $7,012 3.75%
37% 192 $61,660,000 $321,146 $7,840 3.87%
44% 182 $66,050,000 $362,912 $7,497 3.42%
45% 129 $52,425,000 $406,395 $8,381 3.47%
46% 86 $31,550,000 $366,860 $7,391 3.25%
49% 76 $25,090,000 $330,132 $5,769 3.02%
47% 74 $24,720,000 $334,054 $6,656 3.06%
48% 70 $22,540,000 $322,000 $6,233 2.92%
50-60% 35 $13,455,000 $384,429 $8,854 3.10%
>60% 6 $340,000 $56,667 $0 5.83%

Banner Bank lent most frequently to those with DTI ratios of 20-30%, with 1,529 originations. The next most common DTI ratio? 30-36%, with 1,196 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 4,911 $1,427,995,000 $290,775 $7,116 3.90%
Not applicable 178 $681,720,000 $3,829,888 $0 3.67%
Not provided 910 $266,740,000 $293,121 $7,245 3.93%
Asian 248 $92,290,000 $372,137 $7,579 4.01%
Black 91 $24,425,000 $268,407 $7,690 3.42%
American Indian 59 $15,155,000 $256,864 $7,101 3.94%
Native Hawaiian 18 $5,440,000 $302,222 $9,332 3.92%
Other Asian 7 $2,255,000 $322,143 $6,766 4.95%
Asian Indian 4 $1,390,000 $347,500 $11,201 4.56%
Chinese 5 $955,000 $191,000 $4,765 4.09%
Filipino 3 $355,000 $118,333 $0 4.99%
Korean 1 $155,000 $155,000 $0 4.24%
Other Pacific Islander 1 $85,000 $85,000 $0 4.74%

Approval Rates

Total approvals of all applications
80.12%

Banner Bank has a below average approval rate.

Pick Rate

Approvals leading to origination
75.05%

Banner Bank has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 6,436 $2,518,960,000 $391,386

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
6,436 $2,518,960,000 $391,386

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 1,006 $209,870,000 $208,618 $4,840 4.12%
40-60% 1,197 $611,115,000 $510,539 $6,001 3.50%
60-80% 1,717 $1,079,865,000 $628,925 $8,271 3.62%
80-100% 1,138 $499,050,000 $438,533 $7,716 3.40%
Over 100% 19 $9,155,000 $481,842 $18,454 2.61%
Under 20% 1,357 $109,815,000 $80,925 $2,105 4.84%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Banner Bank 1115 Mead Avenue Prosser, WA 99350 Full Service B&M $58,657
Banner Bank 1 East Alder Walla Walla, WA 99362 Full Service B&M $261,730
Banner Bank 126 East Main Street Dayton, WA 99328 Full Service B&M $53,190
Banner Bank 12770 High Bluff Drive San Diego, CA 92130 Full Service B&M $79,001
Banner Bank 1301 Memorial Highway Mount Vernon, WA 98273 Full Service B&M $133,635
Banner Bank 13033 Bel-Red Rd. Bellevue, WA 98005 Full Service B&M $208,420
Banner Bank 1340 Blue Lakes Boulevard North Twin Falls, ID 83301 Full Service B&M $60,273
Banner Bank 1350 Rosecrans Street San Diego, CA 92106 Full Service B&M $99,821
Banner Bank 13605 Meridian Ave E Puyallup, WA 98373 Full Service B&M $26,977
Banner Bank 1375 Northwest Mall Street, Suite 1 Issaquah, WA 98027 Full Service B&M $60,392
Banner Bank 138 Birch Bay Lynden, WA 98264 Full Service B&M $67,758
Banner Bank 1395 S. Grand Avenue, Suite 140 Glendora, CA 91740 Full Service B&M $75,137
Banner Bank 1400 Commercial Avenue Anacortes, WA 98221 Full Service B&M $210,883
Banner Bank 1409 Ne 7th Street Grants Pass, OR 97526 Full Service B&M $63,081
Banner Bank 1455 East Mcandrews Road Medford, OR 97504 Full Service B&M $214,277
Banner Bank 169 West 6th Avenue Eugene, OR 97401 Full Service B&M $104,134
Banner Bank 17530 132nd Avenue, N.E. Ste A Woodinville, WA 98072 Full Service B&M $167,691
Banner Bank 1815 Main Street Ferndale, WA 98248 Full Service Retail $55,827
Banner Bank 2024 Washington Avenue Baker City, OR 97814 Full Service B&M $101,397
Banner Bank 203 W 1st Ave Kennewick, WA 99336 Full Service B&M $48,243
Banner Bank 20313 77th Avenue, Ne Arlington, WA 98223 Full Service B&M $80,360
Banner Bank 204 N Main St Boardman, OR 97818 Full Service B&M $52,042
Banner Bank 207 Park Lane Kirkland, WA 98033 Full Service B&M $130,609
Banner Bank 2072 Nw Stucki Avenue Hillsboro, OR 97124 Full Service B&M $54,338
Banner Bank 212 South Fifth Street Coos Bay, OR 97420 Full Service B&M $100,682
Banner Bank 2121 E. Isaacs Ave Walla Walla, WA 99362 Full Service B&M $43,966
Banner Bank 215 West Main Waitsburg, WA 99361 Full Service B&M $17,727
Banner Bank 22 East 2nd Street Naches, WA 98937 Full Service B&M $39,156
Banner Bank 279 F Street Chula Vista, CA 91910 Full Service B&M $157,805
Banner Bank 2901 Second Ave Seattle, WA 98121 Full Service B&M $125,844
Banner Bank 2918 78th Ave Se Mercer Island, WA 98040 Full Service B&M $148,413
Banner Bank 2nd And 6th East Yakima Avenue Yakima, WA 98901 Limited, Drive-thru $0
Banner Bank 300 East Pine Street Central Point, OR 97502 Full Service B&M $56,511
Banner Bank 300 Ferry Street Sedro Woolley, WA 98284 Full Service B&M $134,942
Banner Bank 3002 S Southeast Blvd Spokane, WA 99223 Full Service B&M $57,363
Banner Bank 301 East Fairhaven Avenue Burlington, WA 98233 Full Service B&M $260,898
Banner Bank 3100 Se 164th Ave Vancouver, WA 98683 Full Service B&M $132,447
Banner Bank 312 Maple Street Mount Shasta, CA 96067 Full Service B&M $52,915
Banner Bank 322 S. Division Street Moses Lake, WA 98837 Full Service B&M $61,176
Banner Bank 333a F Street Davis, CA 95616 Full Service B&M $77,792
Banner Bank 34600 Pacific Highway South Federal Way, WA 98003 Full Service B&M $53,690
Banner Bank 412 A Ave Ste 100 Lake Oswego, OR 97034 Full Service B&M $99,830
Banner Bank 41530 Enterprise Circle South, Suite 100 Temecula, CA 92590 Full Service B&M $154,133
Banner Bank 435 Martin Street Blaine, WA 98230 Full Service B&M $95,249
Banner Bank 44 W. Linn Road Eagle Point, OR 97524 Full Service B&M $49,615
Banner Bank 447 Basin Street Sw Ephrata, WA 98823 Full Service B&M $52,131
Banner Bank 45 Weeks Road Lopez Island, WA 98261 Full Service B&M $145,147
Banner Bank 475 Fern Street Eastsound, WA 98245 Full Service B&M $92,893
Banner Bank 4780 Village Plaza Loop Eugene, OR 97401 Full Service B&M $59,196
Banner Bank 48257 East 1st Street Oakridge, OR 97463 Full Service B&M $26,175
Banner Bank 4845 Old Redwood Highway Santa Rosa, CA 95403 Full Service B&M $44,450
Banner Bank 5 Cheney-Spokane Rd Cheney, WA 99004 Full Service B&M $53,875
Banner Bank 500 Ne 139th Street Vancouver, WA 98685 Full Service B&M $46,970
Banner Bank 5005 Summitview Avenue Yakima, WA 98908 Full Service B&M $104,280
Banner Bank 621 S. Main Colville, WA 99114 Full Service B&M $68,319
Banner Bank 6622 N Division Spokane, WA 99208 Full Service B&M $100,179
Banner Bank 6701 North Highway 3 Greenview, CA 96037 Full Service B&M $35,136
Banner Bank 7009 212th Street Sw Edmonds, WA 98026 Full Service B&M $100,808
Banner Bank 701 B Street, Suite 100 San Diego, CA 92101 Full Service B&M $58,543
Banner Bank 701 C Street Galt, CA 95632 Full Service B&M $39,076
Banner Bank 701 East Bidwell Street Folsom, CA 95630 Full Service B&M $49,594
Banner Bank 707 Main Street Springfield, OR 97477 Full Service B&M $26,831
Banner Bank 7182 Beverly Blvd. Los Angeles, CA 90046 Full Service B&M $163,586
Banner Bank 731 West Central Avenue Sutherlin, OR 97479 Full Service B&M $42,362
Banner Bank 742 Fletcher Parkway El Cajon, CA 92020 Full Service B&M $53,924
Banner Bank 749 Sixth Street Clarkston, WA 99403 Full Service B&M $64,626
Banner Bank 7675 Sw Nyberg St Tualatin, OR 97062 Full Service B&M $50,343
Banner Bank 777 Highway 101 Florence, OR 97439 Full Service B&M $138,514
Banner Bank 7950 164th Avenue Ne Redmond, WA 98052 Full Service B&M $145,882
Banner Bank 800 La Terazza Blvd. Escondido, CA 92025 Full Service B&M $64,780
Banner Bank 880 Cypress Avenue Redding, CA 96001 Full Service B&M $42,494
Banner Bank 88312 Territorial Road Veneta, OR 97487 Full Service B&M $48,311
Banner Bank 8909 East Trent Avenue Spokane Valley, WA 99212 Full Service B&M $68,675
Banner Bank 900 E Fairview Ave Meridian, ID 83642 Full Service B&M $56,825
Banner Bank 9340 East Stockton Boulevard Elk Grove, CA 95624 Full Service B&M $73,959
Banner Bank 950 Main Street Red Bluff, CA 96080 Full Service B&M $77,007
Banner Bank 950 W. Bannock, Suite 100 Boise, ID 83702 Full Service B&M $126,367
Banner Bank S. 106 2nd St. East Chewelah, WA 99109 Full Service B&M $58,138
Banner Bank Sixth And G Streets Umatilla, OR 97882 Full Service B&M $47,335
Banner Bank 1 Park Center Drive Sacramento, CA 95825 Full Service B&M $252,463
Banner Bank 10 N Argonne Road Spokane Valley, WA 99212 Full Service B&M $193,308
Banner Bank 10 S 1st Ave Walla Walla, WA 99362 Full Service B&M $231,799
Banner Bank 100 Main Street Orofino, ID 83544 Full Service B&M $50,615
Banner Bank 100 South Main Street Stanfield, OR 97875 Full Service B&M $20,537
Banner Bank 1005 Bryden Avenue Lewiston, ID 83501 Full Service B&M $64,041
Banner Bank 101 E Main St Hermiston, OR 97838 Full Service B&M $252,283
Banner Bank 101 Sw Main St Ste 154 Portland, OR 97204 Full Service B&M $98,159
Banner Bank 1010 Yakima Valley Highway Sunnyside, WA 98944 Full Service B&M $139,439
Banner Bank 10125 Main Street Bothell, WA 98011 Full Service B&M $85,406
Banner Bank 1015 A Street Tacoma, WA 98402 Full Service B&M $42,203
Banner Bank 1031 21st Street Lewiston, ID 83501 Full Service B&M $40,707
Banner Bank 1095 Oregon Avenue Bandon, OR 97411 Full Service B&M $96,408
Banner Bank 147 North Broadway Tekoa, WA 99033 Full Service B&M $29,964
Banner Bank 14800 Sw Murray Scholls Drive, Suite 104 Beaverton, OR 97007 Full Service B&M $54,310
Banner Bank 1500 Main Saint Maries, ID 83861 Full Service B&M $71,205
Banner Bank 15129 Main Street, Suite C-101 Mill Creek, WA 98082 Full Service B&M $54,574
Banner Bank 1550 Se Harvest Drive Pullman, WA 99164 Full Service B&M $91,838
Banner Bank 1550 South Kimball Way Boise, ID 83709 Full Service B&M $87,215
Banner Bank 15606 E Sprague Avenue Veradale, WA 99037 Full Service B&M $59,302
Banner Bank 1600 Cornwall Avenue Bellingham, WA 98225 Full Service B&M $148,834
Banner Bank 16099 Boones Ferry Road Lake Oswego, OR 97035 Full Service B&M $79,677
Banner Bank 1611 Virginia Avenue North Bend, OR 97459 Full Service B&M $106,737
Banner Bank 1620 Continental Place Mount Vernon, WA 98273 Full Service B&M $113,522
Banner Bank 16292 N. Marketplace Boulevard Nampa, ID 83687 Full Service B&M $72,740
Banner Bank 1689 Williams Highway Grants Pass, OR 97526 Full Service B&M $98,322
Banner Bank 2227 N.W. 57th Street Seattle, WA 98107 Full Service B&M $141,730
Banner Bank 225 Blair Street Friday Harbor, WA 98250 Full Service B&M $65,626
Banner Bank 2320 Sunset Blvd Rocklin, CA 95765 Full Service B&M $74,560
Banner Bank 2485 Notre Dame Blvd Chico, CA 95928 Full Service B&M $23,756
Banner Bank 25 Gateway Blvd Cottage Grove, OR 97424 Full Service B&M $72,782
Banner Bank 2531 Colby Ave Everett, WA 98201 Full Service B&M $183,792
Banner Bank 255 Rock Island Rd East Wenatchee, WA 98802 Full Service B&M $65,792
Banner Bank 255 South Riverside Avenue Rialto, CA 92376 Full Service B&M $35,518
Banner Bank 255 W. Hayden Avenue Hayden, ID 83835 Full Service B&M $53,524
Banner Bank 259 North Adams Street Coquille, OR 97423 Full Service B&M $33,942
Banner Bank 2600 East Barnett Road Medford, OR 97504 Full Service B&M $82,569
Banner Bank 265 East Oregon Avenue Creswell, OR 97426 Full Service B&M $61,106
Banner Bank 2720 Island Ave La Grande, OR 97850 Full Service B&M $123,202
Banner Bank 350 N.E. Garden Valley Boulevard Roseburg, OR 97470 Full Service B&M $122,173
Banner Bank 35867 Hwy 58 Pleasant Hill, OR 97455 Full Service B&M $45,562
Banner Bank 3600 Sw Cedar Hills Boulevard Beaverton, OR 97005 Full Service B&M $19,768
Banner Bank 365 West 3rd Avenue, P. O. Box 519 Kettle Falls, WA 99141 Full Service B&M $45,221
Banner Bank 368 E Vanderbilt Way San Bernardino, CA 92408 Full Service B&M $68,074
Banner Bank 3919 N Market St Ste B Spokane, WA 99207 Full Service Retail $14,553
Banner Bank 3945 W. Court Street Pasco, WA 99301 Full Service B&M $89,183
Banner Bank 40 Northwest Glenhart Winston, OR 97496 Full Service B&M $73,804
Banner Bank 400 112th Avenue Ne Suite 100 Bellevue, WA 98004 Full Service B&M $169,623
Banner Bank 404 E. Huntington Drive Monrovia, CA 91016 Full Service B&M $39,952
Banner Bank 41 W. Riverside Spokane, WA 99201 Full Service B&M $126,900
Banner Bank 4104 Terrace Heights Drive Yakima, WA 98901 Full Service B&M $56,168
Banner Bank 501 North Mission Street Wenatchee, WA 98801 Full Service B&M $159,917
Banner Bank 502 West Yakima Avenue Yakima, WA 98902 Full Service B&M $353,999
Banner Bank 5030 Arlington Avenue Riverside, CA 92504 Full Service B&M $110,369
Banner Bank 506 E Hastings Rd. Spokane, WA 99218 Full Service B&M $80,233
Banner Bank 508 W Third Ave Spokane, WA 99201 Full Service B&M $55,252
Banner Bank 54 Rainier Avenue South Renton, WA 98055 Full Service B&M $165,066
Banner Bank 5508 Balboa Avenue San Diego, CA 92111 Full Service B&M $79,258
Banner Bank 5701 First Avenue South Seattle, WA 98108 Full Service B&M $71,210
Banner Bank 5901 Priestly Drive, Suite 160 Carlsbad, CA 92008 Full Service B&M $134,223
Banner Bank 5920 W. Clearwater Ave. Kennewick, WA 99336 Full Service B&M $153,440
Banner Bank 598 North Park Drive Selah, WA 98942 Full Service B&M $101,140
Banner Bank 600 S. 9th Avenue Walla Walla, WA 99362 Full Service B&M $34,203
Banner Bank 600 South Jackson Moscow, ID 83843 Full Service B&M $48,551
Banner Bank 1125 N.E. C Street College Place, WA 99324 Full Service B&M $39,501
Banner Bank 1140 W. Meeker Street Kent, WA 98032 Full Service B&M $68,886
Banner Bank 115 West Mcknight Way Grass Valley, CA 95949 Full Service B&M $55,483
Banner Bank 11930 Foothill Blvd. Rancho Cucamonga, CA 91739 Full Service B&M $151,074
Banner Bank 1201 Solano Street Corning, CA 96021 Full Service B&M $55,905
Banner Bank 1220 Southgate Pendleton, OR 97801 Full Service B&M $19,707
Banner Bank 1221 Jadwin Avenue Richland, WA 99352 Full Service B&M $71,851
Banner Bank 1221 N. Liberty Lake Road Liberty Lake, WA 99019 Full Service B&M $42,468
Banner Bank 1222 E Madison Ste A Seattle, WA 98122 Full Service B&M $95,643
Banner Bank 123 North Main Street Yreka, CA 96097 Full Service B&M $46,938
Banner Bank 125 Se Court Ave Pendleton, OR 97801 Full Service B&M $143,645
Banner Bank 1250 Barkley Boulevard Bellingham, WA 98226 Full Service B&M $64,718

For 2021, Banner Bank had 155 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $520,500
Net interest income $505,574
Total noninterest income $93,425
Gross Fiduciary activities income $0
Service charges on deposit accounts $19,162
Trading account gains and fees $1,663
Additional Noninterest Income $72,600
Pre-tax net operating income $259,268
Securities gains (or losses, -) $3,151
Income before extraordinary items $212,499
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $212,499
Minority interest net income $0
Net income $212,499
Sale, conversion, retirement of capital stock, net $0
Net operating income $209,946

Banner Bank's gross interest income from loans was $520,500,000.
Banner Bank's net interest income from loans was $505,574,000.
Banner Bank's fee based income from loans was $19,162,000.
Banner Bank's net income from loans was $212,499,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $14,926
Provision for credit losses $-33,388
Total noninterest expense $373,119
Salaries and employee benefits $210,429
Premises and equipment expense $47,599
Additional noninterest expense $115,091
Applicable income taxes $49,920
Net charge-offs $2,068
Cash dividends $99,685

Banner Bank's interest expense for loans was $14,926,000.
Banner Bank's payroll and benefits expense were $210,429,000.
Banner Bank's property, plant and equipment expenses $47,599,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 0.0%
Real Estate loans 0.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 0.0%
Multifamily residential loans 0.0%
1-4 family residential loans 0.0%
HELOC loans 0.0%
All other family 0.0%
Commercial & industrial loans 0.0%
Personal loans 0.0%
Credit card loans 0.0%
Other individual loans 0.0%
Auto loans 0.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $14,433,263
Deposits held in domestic offices $14,433,263
Deposits by Individuals, partnerships, and corporations $13,987,478
Deposits by U.S. Government $35
Deposits by States and political subdivisions in the U.S. $442,829
Deposits by Commercial banks and other depository institutions in U.S. $2,920
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $8,337,769
Demand deposits $8,337,769
Nontransaction accounts $6,095,493
Money market deposit accounts (MMDAs) $2,472,147
Other savings deposits (excluding MMDAs) $2,784,716
Total time deposits $838,630
Total time and savings deposits $6,095,493
Noninterest-bearing deposits $6,390,355
Interest-bearing deposits $8,042,908
Retail deposits $14,252,248
IRAs and Keogh plan accounts $160,262
Brokered deposits $0
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $16,798,536
Cash & Balances due from depository institutions $2,134,299
Interest-bearing balances $1,775,839
Total securities $4,159,915
Federal funds sold & reverse repurchase $300,000
Net loans and leases $9,049,151
Loan and leases loss allowance $132,099
Trading account assets $47,826
Bank premises and fixed assets $196,203
Other real estate owned $852
Goodwill and other intangibles $405,182
All other assets $505,108

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $16,798,536
Total Liabilities $14,996,773
Total deposits $14,433,263
Interest-bearing deposits $8,042,908
Deposits held in domestic offices $14,433,263
% insured (estimated) $64
Federal funds purchased and repurchase agreements $264,489
Trading liabilities $11,336
Other borrowed funds $50,000
Subordinated debt $0
All other liabilities $237,685

Issued Loan Types

Type Value (in 000's)
Net loans and leases $9,049,151
Loan and leases loss allowance $132,099
Total loans and leases (domestic) $9,181,250
All real estate loans $7,517,305
Real estate loans in domestic offices $7,517,305
Construction and development loans $1,328,391
Residential 1-4 family construction $584,559
Other construction, all land development and other land $743,832
Loans secured by nonfarm nonresidential properties $4,076,000
Nonfarm nonresidential secured by owner-occupied properties $1,793,759
Commercial real estate & other non-farm, non-residential $2,282,241
Multifamily residential real estate $677,478
1-4 family residential loans $1,268,142
Farmland loans $167,294
Loans held in foreign offices $0
Farm loans $153,870
Commercial and industrial loans $1,066,898
To non-U.S. addressees $9,935
Loans to individuals $97,704
Credit card loans $18,457
Related Plans $16,115
Consumer Auto Loans $12,217
Other loans to individuals $50,915
All other loans & leases $345,473
Loans to foreign governments and official institutions $0
Other loans $22,979
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $50,680
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $5,309
Non 1-4 family restructured loans & leases $3,476
Total loans and leases (foreign) $0

Banner Bank had $9,049,151,000 of loans outstanding in 2021. $7,517,305,000 of loans were in real estate loans. $1,328,391,000 of loans were in development loans. $677,478,000 of loans were in multifamily mortgage loans. $1,268,142,000 of loans were in 1-4 family mortgage loans. $153,870,000 of loans were in farm loans. $18,457,000 of loans were in credit card loans. $12,217,000 of loans were in the auto loan category.

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Nonfarm, nonresidential loans - <$1MM 4,168 $1,158,325 $277,909
Nonfarm, nonresidential loans - <$100k 423 $18,833 $44,522
Nonfarm, nonresidential loans - $100-250k 1,254 $154,373 $123,104
Nonfarm, nonresidential loans - $250k-1MM 2,491 $985,119 $395,471
Commercial & Industrial, US addressed loans - <$1MM 22,867 $502,962 $21,995
Commercial & Industrial, US addressed loans - <$100k 19,579 $127,389 $6,506
Commercial & Industrial, US addressed loans - $100-250k 1,697 $105,095 $61,930
Commercial & Industrial, US addressed loans - $250k-1MM 1,591 $270,478 $170,005
Farmland loans - <$1MM 217 $33,870 $156,083
Farmland loans - <$100k 40 $1,428 $35,700
Farmland loans - $100-250k 83 $9,635 $116,084
Farmland loans - $250k-1MM 94 $22,807 $242,628
Agriculture operations loans - <$1MM 606 $30,677 $50,622
Agriculture operations loans - <$100k 344 $5,500 $15,988
Agriculture operations loans - $100-250k 168 $10,999 $65,470
Agriculture operations loans - $250k-1MM 94 $14,178 $150,830