Banner Bank
Banner Bank reported total assets of $16.6 bn at Q2 2026, up 0.9% on a year earlier, the 119th largest of 497 banks in our US coverage. The CET1 capital ratio at Banner Bank was 12.71%, and the uninsured share of Banner Bank was 32.49%. Source: FDIC Call Reports.
Key takeaways
- Since , Banner Bank has taken over 4 institutions; the latest was Bank of the Pacific on (FDIC Call Reports).
- On return on equity (ROE), Banner Bank slipped from 279th to 305th among 500 US banks between and (1 = highest; FDIC Call Reports).
What sets Banner Bank apart
How large is Banner Bank?
The balance sheet of Banner Bank at : assets $16.6 bn, deposits $13.9 bn, net loans $11.9 bn (loans equal to 85.41% of deposits). Securities make up 17.8% of total assets at Banner Bank. Since , when Banner Bank held $9.5 bn, its assets grew 75.1%. In the year to , deposits at Banner Bank rose 2.1% while its total assets rose 0.9%. At , Banner Bank employed 1,896 full-time equivalent staff across 147 offices, about $8.7 mn of assets per employee and $94.5 mn of deposits per office.
How much funding at Banner Bank is uninsured?
At Banner Bank, uninsured deposits (above the FDIC limit) made up 32.49% of domestic deposits at (+0.87 pp on a year earlier); Banner Bank ranks 280th of 500 on this measure. In dollars, Banner Bank estimated $4.5 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $13.9 bn | +2.1% | 118th of 499 |
| Net loans and leases | $11.9 bn | +2.5% | 113th of 500 |
| Loan-to-deposit ratio | 85.41% | +0.32 pp | 273rd of 500 |
| Tier 1 leverage ratio | 11.15% | +0.34 pp | 158th of 500 |
| Total risk-based capital ratio | 13.95% | -0.01 pp | 260th of 448 |
| Net interest margin | 4.11% | +0.19 pp | 116th of 500 |
| Return on assets (ROA) | 1.31% | +0.14 pp | 246th of 500 |
| Efficiency ratio | 60.03% | -1.04 pp | 332nd of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $141.3 mn | Narrowed by $38.2 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $257.7 mn | Narrowed by $50.0 mn | |
| Noncurrent loans to total loans | 0.46% | +0.09 pp | 173rd of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.02% | -0.04 pp | 138th of 500 (1 = lowest) |
US rank of Banner Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Banner Bank: assets, deposits and loans
- Total assets $16.6bn
- Deposits $13.9bn
- Net loans $11.9bn
Capital and securities
The CET1 ratio of Banner Bank stood at 12.71% in , 0.00 pp year on year. Low and high at Banner Bank since : 10.78% () to 12.91% (). Equity capital of Banner Bank at : $2.0 bn, or 11.9% of total assets. Banner Bank also reported a total capital ratio of 13.95% for , and a tier 1 leverage ratio of 11.15%.
On held-to-maturity securities, Banner Bank carried an unrealized loss of $141.3 mn at , equal to 7.2% of equity capital. The loss narrowed by $38.2 mn over the year. Its deepest point: $228.5 mn in . The available-for-sale portfolio of Banner Bank showed an unrealized loss of $257.7 mn at ; the loss narrowed by $50.0 mn over the year.
Banner Bank: capital ratios
- Total capital 14%
- CET1 13%
- Tier 1 leverage 11%
Banner Bank: unrealized securities gains and losses
- Available for sale -$258mn
- Held to maturity -$141mn
Profitability and loan quality
For the year to , Banner Bank earned a return on equity of 10.97%; return on assets: 1.31%. Net interest margin at Banner Bank: 4.11%, +0.19 pp in a year. Banner Bank net income: $107.5 mn, up 12.9% year on year. The efficiency ratio of Banner Bank was 60.03%: about 60 cents cost per revenue dollar, against 59 cents at the median peer.
At , noncurrent loans were 0.46% of total loans at Banner Bank; net charge-offs: 0.02% of average loans. Gross loans and leases at Banner Bank: $12.0 bn, up 2.5% in a year.
Banner Bank: profitability
- Return on equity 11%
- Net interest margin 4.1%
- Return on assets 1.3%
Peer group of Banner Bank
The peer group of Banner Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 2 share the charter type of Banner Bank (state nonmember bank), 6 sit in the same size group ($10 bn to $100 bn) and 0 have head offices in Washington. Against them, Banner Bank shows CET1 ratio 12.71% against a peer median of 12.04%, return on equity 10.97% against a peer median of 9.96% and uninsured deposit share 32.49% against a peer median of 39.51%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Toyota Financial Savings Bank | State nonmember bank | NV | $16.8 bn | 14.40% | 3.88% | 16.31% | |
| FirstBank | State member bank | TN | $16.8 bn | 11.29% | 12.13% | 42.74% | |
| First United Bank and Trust Company | State member bank | OK | $16.6 bn | 12.28% | 9.48% | 36.50% | |
| Banner Bank | State nonmember bank | WA | $16.6 bn | 12.71% | 10.97% | 32.49% | |
| NBT Bank | National bank | NY | $16.1 bn | 11.80% | 10.45% | 42.52% | |
| Live Oak Banking Company | State nonmember bank | NC | $16.0 bn | 10.46% | 12.59% | 16.60% | |
| Safra National Bank of New York | National bank | NY | $15.7 bn | 23.40% | 9.25% | 53.69% | |
. FDIC Call Reports.
Last eight quarters
Two years at Banner Bank, to : assets +2.4%, deposits +2.0%, equity +7.5%. Staff 1,893 to 1,896; offices 146 to 147.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $16.2 bn | $16.2 bn | $16.2 bn | $16.4 bn | $16.6 bn | $16.3 bn | $16.3 bn | $16.6 bn |
| Total deposits | $13.6 bn | $13.6 bn | $13.7 bn | $13.6 bn | $14.1 bn | $13.8 bn | $13.9 bn | $13.9 bn |
| Bank equity capital | $1.8 bn | $1.8 bn | $1.9 bn | $1.9 bn | $1.9 bn | $2.0 bn | $2.0 bn | $2.0 bn |
| CET1 ratio | 12.73% | 12.82% | 12.91% | 12.71% | 12.91% | 12.89% | 12.91% | 12.71% |
| Return on equity (ROE) | 9.89% | 10.14% | 10.28% | 10.30% | 10.65% | 10.79% | 11.58% | 10.97% |
| Uninsured share of domestic deposits | 32.24% | 32.23% | 31.86% | 31.63% | 31.90% | 31.87% | 32.10% | 32.49% |
| Full-time equivalent employees | 1,893 | 1,915 | 1,911 | 1,877 | 1,883 | 1,913 | 1,919 | 1,896 |
| Number of offices | 146 | 146 | 147 | 147 | 147 | 147 | 147 | 147 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Banner Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed AmericanWest Bank (FDIC certificate 22441).
- . Absorbed Skagit Bank (FDIC certificate 17874).
- . Absorbed AltaPacific Bank (FDIC certificate 58275).
- . Absorbed Islanders Bank (FDIC certificate 23469).
- . Absorbed Bank of the Pacific (FDIC certificate 23041).
Questions and identifiers
What were the total assets of Banner Bank?
Banner Bank reported $16.6 bn at in its Call Report. That makes Banner Bank the 119th largest of 497 banks in our US coverage.
Is Banner Bank the same as its holding company?
No. This page covers Banner Bank, FDIC certificate 28489; BANNER CORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Banner Bank profitable?
Banner Bank reported net income of $107.5 mn for the year to ; annualized return on equity: 10.97%. So yes: Banner Bank made a profit over these months.
When is data for Banner Bank next updated?
Figures from Banner Bank for are due after .
Where can I check the figures for Banner Bank?
In the FDIC BankFind Suite record for certificate 28489, and in the Call Reports of Banner Bank (RSSD ID 352772) at the FFIEC Central Data Repository.