BANR
Published on 06/30/2025 at 14:27
Corporate Responsibility Report 2024
Table of Contents
Introduction
Social
Governance
Environment
Conclusion
Contents
Letter from our CEO 04
About BANR 05
Our Approach to
Corporate Responsibility 06
Stakeholder Priorities 07
Establishing our Climate
Risk Program 29
Measuring Our Emissions 30
Our Culture 09
Our Communities 17
Committed to Always Doing
the Right Thing 33
About This Report 34
Our Approach to Governance 24
Mingus Park, Ore.--photographed by Wendy (2024 Employee Photo Contest)
Table of Contents
Introduction
Social
Governance
Environment
Conclusion
Banner Bank 2024
Markets We Serve
Our Value Proposition
Values
Honesty and Integrity
It's not only what we do, it's how we do it-with relentless effort.
Our Vision
Accountability
Mutual Respect
We strive to be the bank of choice in the markets we serve. We are committed to being the best provider of financial services in the West.
Our Mission
Banner Bank is a dynamic, full-service financial institution operating safely and profitably within a framework of shared integrity. Working as a team, we will deliver superior products and services to our valued clients. We will emphasize strong client relationships and a high level of community involvement. We will support a culture which attracts, empowers, rewards and provides growth opportunities for our employees. Our success will build long-term shareholder value.
Teamwork
"Do the Right Thing"
Trust
Quality
Bellingham
Wenatchee
Seattle
Tacoma
Bellevue
Spokane
Yakima
Vancouver
Portland
Tri-Cities
Clarkston Lewiston Walla Walla
Pendleton
Eugene
Coos Bay
Boise
Medford
Sacramento
Los Angeles
Ontario
San Diego
Table of Contents
Introduction
Social
Governance
Environment
Conclusion
4
‌Letter From Our CEO
For 135 years, we've demonstrated Banner Bank can and does evolve to meet the changing needs of our clients and communities while staying true to our core values. Our commitment to always "Do the Right Thing" helps us navigate shifting economic and regulatory priorities with resilience and purpose, while never moving away from our core business and how we can best serve our
clients. In an era of rapid change, our focus remains on long-term value creation and driving progress while staying deeply connected to the needs of all our stakeholders.
At the heart of our strategy are strength and stability. We utilize our financial strength and extensive industry experience to assist our clients in reaching their financial goals through all economic cycles. Our commitment to maintaining a moderate risk profile and prioritizing long-term resilience creates stability and aids us in our efforts. It is this multi-faceted approach that comes together to
tell our stakeholder-centric story in this Corporate Responsibility Report.
I'm confident you will agree, we remain a reliable partner and critical source of capital and financial knowledge in the communities we serve, while conducting our business in a responsible, sustainable way. To deliver the services and
solutions for the issues our clients face, we understand we have to continually evolve and adapt, including ongoing development of our corporate responsibility strategy.
A few key highlights from last year:
We increased our focus on continuous improvement, which assisted us in identifying new opportunities that benefit our corporate responsibility strategy as well as our overall organization. As we move to the next stage of this strategy, we are building on a clearer
understanding of our climate impact, the tools at our disposal, and how we can maintain a sustainable business strategy in the years ahead.
We found new ways to engage our employees through the launch of a leadership development program and more focused support of internal mobility and career advancement. Tangible impacts on our business include a highly engaged workforce and low voluntary turnover rates.
We financed additional projects that reduce housing insecurity as well as provided vital capital to businesses in the form of loans. This helped drive the economic engine of our local and regional economies, which is especially important during periods of change and market turbulence.
We made strides integrating climate risk into our broader risk management framework. This is not just a recognition that the risk profile of our business is shifting- it's fundamental to our ability to make responsible, long-term decisions and remain a trusted part of our communities.
We continued to evolve our strong governance structure, including refining our Generative AI policy to better facilitate innovation in day-to-day work while maintaining our security and risk management standards.
We believe our achievements outlined in this report show that doing the right thing remains good business and creates long-term value for all our stakeholders. We understand we have an important role in the economic ecosystem of the communities we serve, and how we conduct
our business matters. I'm proud of both, and I am pleased we have this opportunity to share specifics with you.
Going forward, we will continue to invest in initiatives that best help our clients and
communities, including offering free financial literacy education, providing innovative financial products and fostering an inclusive workplace. It is our dedicated and passionate employees who continue to lead the way by regularly delivering
beyond expectations. Our commitment to our employees is demonstrated through our ongoing emphasis on culture, inclusion and professional development. While operating a highly-functioning business with deep cultural roots, we are also planning for the future to provide an even higher level of service to our clients.
By staying true to our mission and values, we can provide a resilient, inclusive and prosperous future for our clients, colleagues and communities. As a good corporate citizen, we will continue to foster meaningful engagement with our stakeholders and remain committed to being a trusted and reliable partner for generations to come.
Mark J. Grescovich
President and Chief Executive Officer
Table of Contents
Introduction
Social
Governance
Environment
Conclusion
About BANR
Banner Corporation (NASD: BANR) is a dynamic banking organization with a significant regional franchise throughout the West. Formed in 1995, it is the holding company for Banner Bank, a
Washington-chartered commercial bank with roots dating back to 1890.
At Banner Bank, we deliver a high level of service with the attributes of a community bank while
offering the advantages of a larger financial institution. Trusted for over a century, today we serve a growing and prosperous footprint with a full range of deposit services as well as loans for business, commercial real estate, construction, residential, agricultural and consumer clients. With locations in Washington, Oregon, California and Idaho, we ended 2024 with $16.2 billion in assets.
Mount Adams, Wash.--photographed by Olga (2024 Employee Photo Contest)
Disclaimer
Banner Corporation published this content on June 30, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 30, 2025 at 18:26 UTC.