Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
800-272-9933
10 South First Street
Walla Walla, WA 99362

Banner Bank is headquartered in Walla Walla and is the 5th largest bank in the state of Washington. It is also the 201st largest bank in the nation. It was established in 1890 and as of March of 2014, it had grown to 1,046 employees at 86 locations. Banner Bank has a A+ health rating.

Related Posts



Reviews (1)

Awesome Community Bank!

I have banked with Banner Bank in Spokane, WA for 5 years.  My wife, kids and I bank with the Downtown branch on 3rd and could not say enough for thier excellent customer service!! There was a little rough patch in the service there before the new Manager took over, but she has since hired a great crew that that takes care of my banking needs, are always friendly and are downright good people.  I would recommend Banner Bank to any of my friends or family, also, I have to mention that if I go to any other Banner Bank branch, I am always treated wonderfully.

Thanks for the great service!



Health

Data for Q1 2014

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Banner Bank had $21.07 million in non-current loans and owned real-estate with $620.87 million in equity and loan loss allowances on hand to cover it. This gives Banner Bank a Texas Ratio of 3.39% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Banner Bank decreased dramatically from 6.29% as of March 31, 2013 to 3.39% as of March 31, 2014, resulting in a positive change of 46.08%.This indicates that the balance sheet and financial strength for Banner Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
A

In the past year, Banner Bank has increased its total deposits by $160.32 million, resulting in 4.77% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Banner Bank has shown is excellent.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Banner Bank has $4.26 billion in assets with $620.87 million in equity, resulting in a capitalization level of 14.58%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #28489
Year Established1890
Employees1046
Primary RegulatorFDIC
Assets and Liabilities
Assets$4.26 billion
Loans$3.27 billion
Deposits$3.52 billion
Equity Capital$549.06 million
Loan Loss Allowance$71.81 million
Unbacked Noncurrent Loans$18.77 million
Real Estate Owned$2.30 million
Historic Data - March 2013
Assets$4.02 billion
Equity Capital$529.84 million
Loan Loss Allowance$74.14 million
Unbacked Noncurrent Loans$18.77 million
Real Estate Owned$10.49 million
Profit Margin - Quarterly
Net Interest Margin4.2%
Return on Assets1.03%
Return on Equity7.96%
Interest Income$42.65 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Banner Bank, we are a rate comparison website and can not provide official rates or promotions.

Banner Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.20%$100k-Banner's Best Savings
0.20%$100k-Banner's Best Business Savings
0.05%$100-Savings
0.05%$25-Connected Savings
0.05%$100-Business Savings

Banner Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.15%$25k-Money Market
0.15%$25k-Business Money Market

Banner Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$100k-Banner's Best Checking
0.05%$100-Business Interest Checking
0.00%$100-E-Checking
0.00%$100-Business Checking

Banner Bank CD Rates

DetailsAPYMINMAXPRODUCT
0.20%$2,500-12 - 17 Month CD
0.15%$2,500-6 - 11 Month CD
Locations

Banner Bank has 86 locations. Click to view all Banner Bank locations.