Banner Corporation Declares $0.01 Quarterly Cash Dividend; Schedules 3Q09 Conference Call and Webcast

Fri. October 09, 2009; Posted: 11:42 AM

WALLA WALLA, Wash., Oct 9, 2009 (GlobeNewswire via COMTEX) -- BANR | Quote | Chart | News | PowerRating -- 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 $0.01 per share, the same as paid in the previous quarter. The dividend is payable October 30, 2009, to common shareholders of record on October 19, 2009.

Banner Corporation also announced today that it will report third quarter results after the market closes on Tuesday, October 20, 2009. Management will host a conference call on Wednesday, October 21 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 or via replay at www.bannerbank.com. Investment professionals are invited to dial (480) 629-9723 using access code 4171247 to participate in the call. A replay will be available for one week at (303) 590-3030, using access code 4171247.

About Banner Corporation

Banner Corporation is a $4.5 billion bank holding company operating two commercial banks through 88 branch locations 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.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Banner Corporation

CONTACT:  Banner Corporation
D. Michael Jones, President and CEO
Lloyd W. Baker, CFO
(509) 527-3636

For full details for BANR click here.

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