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Banner Corporation to Present at D.A. Davidson Financial Services Conference.


WALLA WALLA Walla Walla (wŏl`ə wŏl`ə), city (1990 pop. 26,478), seat of Walla Walla co., SE Wash., at the junction of the Walla Walla River and Mill Creek, near the Oregon line; inc. 1862. , Wash. -- Banner Corporation (Nasdaq:BANR BANR Board on Agriculture and Natural Resources ), the parent company of Banner Bank Banner Bank is a Washington financial institution based in Walla Walla. Originally known as First Federal Savings And Loan Of Walla Walla, it was the oldest Savings and Loan institution in the state of Washington. , today announced that Lloyd W. Baker, Chief Financial Officer, is scheduled to present at the Seventh Annual D.A. Davidson Financial Services Conference in Seattle. Banner's presentation is on Wednesday, May 4, 2005, at 9:30 a.m. PDT PDT
abbr.
Pacific Daylight Time


PDT Pacific Daylight Time

PDT n abbr (US) (= Pacific Daylight Time) → hora de verano del PacĂ­fico

PDT 
.

Yesterday, Banner reported first quarter net income increased 8% compared to a year earlier, to $4.7 million, or $0.39 per diluted share, on revenues of $29.2 million for the quarter, up 10% from $26.5 million in the first quarter of 2004. Non-performing assets declined 36% from the same quarter last year. Assets grew 10% to $2.97 billion, deposits increased 14% to $1.99 billion, and loans grew 20% to $2.13 billion during the twelve months ending March 31, 2005.

About the Company

Banner Corporation is the parent of Banner Bank, a commercial bank that operates a total of 51 branch offices and 13 loan offices in 23 counties in Washington This is a list of counties in Washington. There are thirty-nine counties in the U.S. state of Washington.

Certain residents of Snohomish County consider themselves to be part of Freedom County.
, 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.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 29, 2005
Words:205
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