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Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Pay Versus Performance

Pay Versus Performance Disclosure. In accordance with rules adopted by the SEC pursuant to the Dodd-Frank Act, we provide the following disclosure regarding executive “compensation actually paid” (“CAP”), as calculated in accordance with the SEC rules and certain performance measures for the fiscal years listed below. For information regarding Banner’s pay-for-performance philosophy and how Banner aligns executive pay with performance, refer to the “Compensation Discussion and Analysis” (“CD&A”) above.

YearSummary Compensation Table Total for PEO (1)Compensation Actually Paid to PEO (2)Average Summary Compensation Table Total for non-PEO NEOs (1)Average Compensation Actually Paid to non-PEO NEOs (3)Value of Initial Fixed $100 Investment based on (4):
Net Income
($000)
Company- selected Measure: ROATCE (5)
Total Shareholder Return (TSR)KRX Index Total Shareholder Return (TSR)
2024$3,182,264$3,934,830$1,191,885$1,282,587$143.48$130.96$168,89812.90%
2023$3,008,319$2,584,884$1,026,932$855,526$110.82$115.69$183,62416.14%
2022$3,123,768$3,296,615$1,197,095$1,113,315$125.86$116.15$195,37817.49%
2021$2,618,969$3,388,567$868,651$976,064$117.43$124.78$201,04816.27%
2020$2,665,471$2,635,857$881,251$853,575$87.46$91.32$115,9289.95%
(1)The principal executive officer (“PEO”) for all five years was Mark J. Grescovich. The non-PEO named executive officers (non-PEO NEOs) were as follows:
2024:    Robert G. Butterfield, Cynthia D. Purcell, James M. Costa, Sherrey L. Luetjen
2023:    Robert G. Butterfield, Cynthia D. Purcell, James M. Costa, James P. G. McLean, Peter J. Conner
2022:    Peter J. Conner, Cynthia D. Purcell, James M. Costa, M. Kirk Quillin
2021:    Peter J. Conner, Cynthia D. Purcell, M. Kirk Quillin, James P. G. McLean, Judith A. Steiner
2020:    Peter J. Conner, Cynthia D. Purcell, Judith A. Steiner, Keith A. Western, Richard B. Barton


(2)
Adjustments from Summary Compensation Table total for PEO
2024
Deduction for change in actuarial present values reported under the “Change in Pension Value and Non-qualified Deferred Compensation Earnings” column in the Summary Compensation Table— 
Increase for service cost of pension plans
— 
Increase/deduction for prior service cost of pension plans
— 
Deduction for amounts reported under the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table
(1,176,809)
Increase based on fair value of awards granted during year that remain unvested as of year-end, determined as of year-end
1,696,292 
Increase/deduction for change in fair value from prior year-end to current year-end of awards granted in prior years that were outstanding and unvested as of year-end
415,877 
Increase based on fair value of awards granted during year that vested during year, determined as of vesting date
— 
Increase/deduction for change in fair value from prior year-end to vesting date of awards granted in prior years that vested during year
(182,794)
Deduction of fair value of awards granted prior to year that were forfeited during year
— 
Increase based on dividends or other earnings paid during year prior to vesting date of award that are not otherwise included in total compensation
— 
Increase based on incremental value of awards modified during year
— 
Total Adjustments752,566 
(3)
Adjustments from Average Summary Compensation Table total for non-PEO NEOs
2024
Deduction for change in actuarial present values reported under the “Change in Pension Value and Non-qualified Deferred Compensation Earnings” column in the Summary Compensation Table(119,892)
Increase for service cost of pension plans
— 
Increase/deduction for prior service cost of pension plans
— 
Deduction for amounts reported under the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table
(322,947)
Increase based on fair value of awards granted during year that remain unvested as of year-end, determined as of year-end
464,502 
Increase/deduction for change in fair value from prior year-end to current year-end of awards granted in prior years that were outstanding and unvested as of year-end
87,592 
Increase based on fair value of awards granted during year that vested during year, determined as of vesting date
— 
Increase/deduction for change in fair value from prior year-end to vesting date of awards granted in prior years that vested during year
(18,554)
Deduction of fair value of awards granted prior to year that were forfeited during year
— 
Increase based on dividends or other earnings paid during year prior to vesting date of award that are not otherwise included in total compensation
— 
Increase based on incremental value of awards modified during year
— 
Total Adjustments90,701 

(4)Total shareholder return (“TSR”) assumes $100 invested in Banner common stock and the KBW Regional Bank Index on December 31, 2019 with all dividends reinvested.
(5)We determined the return on average tangible common equity (“ROATCE”) to be the most important financial performance measure not otherwise disclosed in the table, that is used to link compensation actually paid to our NEOs to company performance, for the most recently completed fiscal year. ROATCE is defined as net income prior to amortization of intangibles and goodwill (tax-adjusted), divided by average tangible common equity. Data source: S&P CapIQ Pro.
       
Company Selected Measure Name ROATCE        
Named Executive Officers, Footnote The principal executive officer (“PEO”) for all five years was Mark J. Grescovich. The non-PEO named executive officers (non-PEO NEOs) were as follows:
2024:    Robert G. Butterfield, Cynthia D. Purcell, James M. Costa, Sherrey L. Luetjen
2023:    Robert G. Butterfield, Cynthia D. Purcell, James M. Costa, James P. G. McLean, Peter J. Conner
2022:    Peter J. Conner, Cynthia D. Purcell, James M. Costa, M. Kirk Quillin
2021:    Peter J. Conner, Cynthia D. Purcell, M. Kirk Quillin, James P. G. McLean, Judith A. Steiner
2020:    Peter J. Conner, Cynthia D. Purcell, Judith A. Steiner, Keith A. Western, Richard B. Barton
       
Peer Group Issuers, Footnote Total shareholder return (“TSR”) assumes $100 invested in Banner common stock and the KBW Regional Bank Index on December 31, 2019 with all dividends reinvested.        
PEO Total Compensation Amount $ 3,182,264 $ 3,008,319 $ 3,123,768 $ 2,618,969 $ 2,665,471
PEO Actually Paid Compensation Amount $ 3,934,830 2,584,884 3,296,615 3,388,567 2,635,857
Adjustment To PEO Compensation, Footnote
(2)
Adjustments from Summary Compensation Table total for PEO
2024
Deduction for change in actuarial present values reported under the “Change in Pension Value and Non-qualified Deferred Compensation Earnings” column in the Summary Compensation Table— 
Increase for service cost of pension plans
— 
Increase/deduction for prior service cost of pension plans
— 
Deduction for amounts reported under the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table
(1,176,809)
Increase based on fair value of awards granted during year that remain unvested as of year-end, determined as of year-end
1,696,292 
Increase/deduction for change in fair value from prior year-end to current year-end of awards granted in prior years that were outstanding and unvested as of year-end
415,877 
Increase based on fair value of awards granted during year that vested during year, determined as of vesting date
— 
Increase/deduction for change in fair value from prior year-end to vesting date of awards granted in prior years that vested during year
(182,794)
Deduction of fair value of awards granted prior to year that were forfeited during year
— 
Increase based on dividends or other earnings paid during year prior to vesting date of award that are not otherwise included in total compensation
— 
Increase based on incremental value of awards modified during year
— 
Total Adjustments752,566 
       
Non-PEO NEO Average Total Compensation Amount $ 1,191,885 1,026,932 1,197,095 868,651 881,251
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,282,587 855,526 1,113,315 976,064 853,575
Adjustment to Non-PEO NEO Compensation Footnote
(3)
Adjustments from Average Summary Compensation Table total for non-PEO NEOs
2024
Deduction for change in actuarial present values reported under the “Change in Pension Value and Non-qualified Deferred Compensation Earnings” column in the Summary Compensation Table(119,892)
Increase for service cost of pension plans
— 
Increase/deduction for prior service cost of pension plans
— 
Deduction for amounts reported under the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table
(322,947)
Increase based on fair value of awards granted during year that remain unvested as of year-end, determined as of year-end
464,502 
Increase/deduction for change in fair value from prior year-end to current year-end of awards granted in prior years that were outstanding and unvested as of year-end
87,592 
Increase based on fair value of awards granted during year that vested during year, determined as of vesting date
— 
Increase/deduction for change in fair value from prior year-end to vesting date of awards granted in prior years that vested during year
(18,554)
Deduction of fair value of awards granted prior to year that were forfeited during year
— 
Increase based on dividends or other earnings paid during year prior to vesting date of award that are not otherwise included in total compensation
— 
Increase based on incremental value of awards modified during year
— 
Total Adjustments90,701 

(4)Total shareholder return (“TSR”) assumes $100 invested in Banner common stock and the KBW Regional Bank Index on December 31, 2019 with all dividends reinvested.
(5)We determined the return on average tangible common equity (“ROATCE”) to be the most important financial performance measure not otherwise disclosed in the table, that is used to link compensation actually paid to our NEOs to company performance, for the most recently completed fiscal year. ROATCE is defined as net income prior to amortization of intangibles and goodwill (tax-adjusted), divided by average tangible common equity. Data source: S&P CapIQ Pro.
       
Compensation Actually Paid vs. Total Shareholder Return
CAP vs. TSR.jpg
       
Compensation Actually Paid vs. Net Income
CAP vs Net Income.jpg
       
Compensation Actually Paid vs. Company Selected Measure
CAP vs Roatce.jpg
       
Total Shareholder Return Vs Peer Group
tsr.jpg
       
Tabular List, Table
Tabular List of Financial Performance Measures

The following provides a list that reflects the measures we believe to be the most important financial performance measures used to link NEO compensation to company performance. For more information, see “Executive Compensation – Compensation Discussion and Analysis.” Although in practice we do not use any performance measures to link “compensation actually paid” (as calculated herein) to company performance, we are providing this list in accordance with Item 402(v) of Regulation S-K to provide information on performance measures used by the Compensation and Human Capital Committee to determine NEO compensation for the most recently completed fiscal year, as more fully described in “Executive Compensation – Compensation Discussion and Analysis.”
Return on Average Tangible Common Equity* (“ROATCE,” the “Company Selected Measure”);
Pretax Pre-provision ROA;
Efficiency Ratio*; and
Total Operating Revenue*.
*Non-GAAP. See Annex for additional information and reconciliation to the related GAAP financial measures.
       
Total Shareholder Return Amount $ 143.48 110.82 125.86 117.43 87.46
Peer Group Total Shareholder Return Amount 130.96 115.69 116.15 124.78 91.32
Net Income (Loss) $ 168,898,000 $ 183,624,000 $ 195,378,000 $ 201,048,000 $ 115,928,000
Company Selected Measure Amount 0.1290 0.1614 0.1749 0.1627 0.0995
PEO Name Mark J. Grescovich        
Additional 402(v) Disclosure In accordance with rules adopted by the SEC pursuant to the Dodd-Frank Act, we provide the following disclosure regarding executive “compensation actually paid” (“CAP”), as calculated in accordance with the SEC rules and certain performance measures for the fiscal years listed below. For information regarding Banner’s pay-for-performance philosophy and how Banner aligns executive pay with performance, refer to the “Compensation Discussion and Analysis” (“CD&A”) above.
YearSummary Compensation Table Total for PEO (1)Compensation Actually Paid to PEO (2)Average Summary Compensation Table Total for non-PEO NEOs (1)Average Compensation Actually Paid to non-PEO NEOs (3)Value of Initial Fixed $100 Investment based on (4):
Net Income
($000)
Company- selected Measure: ROATCE (5)
Total Shareholder Return (TSR)KRX Index Total Shareholder Return (TSR)
2024$3,182,264$3,934,830$1,191,885$1,282,587$143.48$130.96$168,89812.90%
2023$3,008,319$2,584,884$1,026,932$855,526$110.82$115.69$183,62416.14%
2022$3,123,768$3,296,615$1,197,095$1,113,315$125.86$116.15$195,37817.49%
2021$2,618,969$3,388,567$868,651$976,064$117.43$124.78$201,04816.27%
2020$2,665,471$2,635,857$881,251$853,575$87.46$91.32$115,9289.95%
(1)The principal executive officer (“PEO”) for all five years was Mark J. Grescovich. The non-PEO named executive officers (non-PEO NEOs) were as follows:
2024:    Robert G. Butterfield, Cynthia D. Purcell, James M. Costa, Sherrey L. Luetjen
2023:    Robert G. Butterfield, Cynthia D. Purcell, James M. Costa, James P. G. McLean, Peter J. Conner
2022:    Peter J. Conner, Cynthia D. Purcell, James M. Costa, M. Kirk Quillin
2021:    Peter J. Conner, Cynthia D. Purcell, M. Kirk Quillin, James P. G. McLean, Judith A. Steiner
2020:    Peter J. Conner, Cynthia D. Purcell, Judith A. Steiner, Keith A. Western, Richard B. Barton


(2)
Adjustments from Summary Compensation Table total for PEO
2024
Deduction for change in actuarial present values reported under the “Change in Pension Value and Non-qualified Deferred Compensation Earnings” column in the Summary Compensation Table— 
Increase for service cost of pension plans
— 
Increase/deduction for prior service cost of pension plans
— 
Deduction for amounts reported under the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table
(1,176,809)
Increase based on fair value of awards granted during year that remain unvested as of year-end, determined as of year-end
1,696,292 
Increase/deduction for change in fair value from prior year-end to current year-end of awards granted in prior years that were outstanding and unvested as of year-end
415,877 
Increase based on fair value of awards granted during year that vested during year, determined as of vesting date
— 
Increase/deduction for change in fair value from prior year-end to vesting date of awards granted in prior years that vested during year
(182,794)
Deduction of fair value of awards granted prior to year that were forfeited during year
— 
Increase based on dividends or other earnings paid during year prior to vesting date of award that are not otherwise included in total compensation
— 
Increase based on incremental value of awards modified during year
— 
Total Adjustments752,566 
(3)
Adjustments from Average Summary Compensation Table total for non-PEO NEOs
2024
Deduction for change in actuarial present values reported under the “Change in Pension Value and Non-qualified Deferred Compensation Earnings” column in the Summary Compensation Table(119,892)
Increase for service cost of pension plans
— 
Increase/deduction for prior service cost of pension plans
— 
Deduction for amounts reported under the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table
(322,947)
Increase based on fair value of awards granted during year that remain unvested as of year-end, determined as of year-end
464,502 
Increase/deduction for change in fair value from prior year-end to current year-end of awards granted in prior years that were outstanding and unvested as of year-end
87,592 
Increase based on fair value of awards granted during year that vested during year, determined as of vesting date
— 
Increase/deduction for change in fair value from prior year-end to vesting date of awards granted in prior years that vested during year
(18,554)
Deduction of fair value of awards granted prior to year that were forfeited during year
— 
Increase based on dividends or other earnings paid during year prior to vesting date of award that are not otherwise included in total compensation
— 
Increase based on incremental value of awards modified during year
— 
Total Adjustments90,701 

(4)Total shareholder return (“TSR”) assumes $100 invested in Banner common stock and the KBW Regional Bank Index on December 31, 2019 with all dividends reinvested.
(5)We determined the return on average tangible common equity (“ROATCE”) to be the most important financial performance measure not otherwise disclosed in the table, that is used to link compensation actually paid to our NEOs to company performance, for the most recently completed fiscal year. ROATCE is defined as net income prior to amortization of intangibles and goodwill (tax-adjusted), divided by average tangible common equity. Data source: S&P CapIQ Pro.
       
Measure:: 1          
Pay vs Performance Disclosure          
Name Return on Average Tangible Common Equity* (“ROATCE,” the “Company Selected Measure”)        
Non-GAAP Measure Description We determined the return on average tangible common equity (“ROATCE”) to be the most important financial performance measure not otherwise disclosed in the table, that is used to link compensation actually paid to our NEOs to company performance, for the most recently completed fiscal year. ROATCE is defined as net income prior to amortization of intangibles and goodwill (tax-adjusted), divided by average tangible common equity. Data source: S&P CapIQ Pro.        
Measure:: 2          
Pay vs Performance Disclosure          
Name Pretax Pre-provision ROA        
Measure:: 3          
Pay vs Performance Disclosure          
Name Efficiency Ratio        
Measure:: 4          
Pay vs Performance Disclosure          
Name Total Operating Revenue        
PEO          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 752,566        
PEO | Change In Pension Value And Nonqualified Deferred Compensation Earnings [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Increase For Service Cost Of Pension Plans Member [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Increase Deduction For Prior Service Cost Of Pension Plans [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Deduction For Amounts Reported Under The Stock Award And Option Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,176,809)        
PEO | Increase Based On Fair Value Of Awards Granted During Year That Remain Unvested As Of Year End Determined As Of Year End [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,696,292        
PEO | Increase Deduction For Change In Fair Value From Prior Year End To Current Year End Of Awards Granted Prior To Year That Were Outstanding And Unvested As Of Year End [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 415,877        
PEO | Increase Based On Fair Value Of Awards Granted During Year That Vested During Year Determined As Of Vesting Date [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Increase Deduction For Change In Fair Value From Prior Year End To Vesting Date Of Awards Granted Prior To Year That Vested During Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (182,794)        
PEO | Deduction Of Fair Value Of Awards Granted Prior To Year That Were Forfeited During Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Increase Based On Dividends Or Other Earnings Paid During Year Prior To Vesting Date Of Award [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Increase Based On Incremental Value Of Awards Modified During Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-NEOs [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 90,701        
Non-NEOs [Member] | Change In Pension Value And Nonqualified Deferred Compensation Earnings [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (119,892)        
Non-NEOs [Member] | Increase For Service Cost Of Pension Plans Member [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-NEOs [Member] | Increase Deduction For Prior Service Cost Of Pension Plans [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-NEOs [Member] | Deduction For Amounts Reported Under The Stock Award And Option Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (322,947)        
Non-NEOs [Member] | Increase Based On Fair Value Of Awards Granted During Year That Remain Unvested As Of Year End Determined As Of Year End [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 464,502        
Non-NEOs [Member] | Increase Deduction For Change In Fair Value From Prior Year End To Current Year End Of Awards Granted Prior To Year That Were Outstanding And Unvested As Of Year End [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 87,592        
Non-NEOs [Member] | Increase Based On Fair Value Of Awards Granted During Year That Vested During Year Determined As Of Vesting Date [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-NEOs [Member] | Increase Deduction For Change In Fair Value From Prior Year End To Vesting Date Of Awards Granted Prior To Year That Vested During Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (18,554)        
Non-NEOs [Member] | Deduction Of Fair Value Of Awards Granted Prior To Year That Were Forfeited During Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-NEOs [Member] | Increase Based On Dividends Or Other Earnings Paid During Year Prior To Vesting Date Of Award [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-NEOs [Member] | Increase Based On Incremental Value Of Awards Modified During Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0