Banner Corp Files 8-K on Shareholder Votes & Financials
Ticker: BANR · Form: 8-K · Filed: May 24, 2024 · CIK: 946673
| Field | Detail |
|---|---|
| Company | Banner Corp (BANR) |
| Form Type | 8-K |
| Filed Date | May 24, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, financial-reporting, corporate-governance
TL;DR
Banner Corp filed an 8-K on May 22nd covering shareholder votes and financials.
AI Summary
Banner Corporation filed an 8-K on May 24, 2024, reporting on matters submitted to a vote of security holders and financial statements. The filing covers events as of May 22, 2024. Banner Corporation, formerly First Washington Bancorp Inc /WA/ and First Savings Bank of Washington Bancorp Inc, is headquartered in Walla Walla, Washington.
Why It Matters
This filing provides official updates on shareholder decisions and financial reporting for Banner Corporation, which can influence investor confidence and stock valuation.
Risk Assessment
Risk Level: low — This is a routine filing reporting on shareholder votes and financial statements, not indicating any immediate operational or financial distress.
Key Numbers
- 000-26584 — SEC File Number (Identifier for Banner Corporation's SEC filings)
- 91-1691604 — IRS Number (Employer Identification Number for Banner Corporation)
Key Players & Entities
- Banner Corporation (company) — Registrant
- May 22, 2024 (date) — Earliest event reported
- May 24, 2024 (date) — Filing date
- Walla Walla, Washington (location) — Principal executive offices
- First Washington Bancorp Inc /WA/ (company) — Former company name
- First Savings Bank of Washington Bancorp Inc (company) — Former company name
FAQ
What specific matters were submitted to a vote of security holders?
The filing indicates 'Submission of Matters to a Vote of Security Holders' as an item, but the specific details of the matters voted upon are not provided in this excerpt.
What financial statements are included in this filing?
The filing lists 'Financial Statements and Exhibits' as an item, but the specific financial statements are not detailed in this excerpt.
When was Banner Corporation previously known by other names?
Banner Corporation was formerly known as First Washington Bancorp Inc /WA/ (name change date: 19980727) and First Savings Bank of Washington Bancorp Inc (name change date: 19950614).
What is Banner Corporation's principal executive office address?
Banner Corporation's principal executive offices are located at 10 S. First Avenue, Walla Walla, Washington 99362.
What is the SIC code for Banner Corporation?
The Standard Industrial Classification (SIC) code for Banner Corporation is 6022, which corresponds to STATE COMMERCIAL BANKS.
Filing Stats: 776 words · 3 min read · ~3 pages · Grade level 8.2 · Accepted 2024-05-24 12:39:49
Filing Documents
- 8k52324.htm (8-K) — 69KB
- ex9918k52224.htm (EX-99.1) — 9KB
- image0.jpg (GRAPHIC) — 86KB
- image1.jpg (GRAPHIC) — 6KB
- 0000939057-24-000137.txt ( ) — 341KB
- banr-20240522.xsd (EX-101.SCH) — 4KB
- banr-20240522_lab.xml (EX-101.LAB) — 22KB
- banr-20240522_pre.xml (EX-101.PRE) — 16KB
- 8k52324_htm.xml (XML) — 4KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders (a) The Annual Meeting of Shareholders (the "Annual Meeting") of Banner Corporation (the "Company") was held on May 22, 2024. (b) There were a total of 34,369,886 shares of the Company's common stock outstanding and entitled to vote at the Annual Meeting. At the Annual Meeting, 29,064,634 shares of common stock were represented in person or by proxy, therefore, a quorum was present. The following proposals were submitted by the Company's Board of Directors to a vote of shareholders: Proposal 1 . Election of Directors. The following individuals were elected as directors for a one year term: For Against Abstain Number of votes Percentage of voted shares Number of votes Percentage of voted shares Number of votes Percentage of voted shares Margot J. Copeland 27,355,261 99.19 209,202 0.76 14,967 0.05 Mark J. Grescovich 27,443,382 99.51 120,885 0.44 15,163 0.05 Roberto R. Herencia 20,885,211 75.73 6,672,704 24.19 21,515 0.08 David A. Klaue 26,134,073 94.76 1,428,787 5.18 16,570 0.06 John R. Layman 26,629,738 96.55 934,314 3.39 15,378 0.06 Kevin F. Riordan 27,515,540 99.76 48,512 0.18 15,378 0.06 Terry S. Schwakopf 27,070,111 98.15 489,604 1.78 19,715 0.07 Paul J. Walsh 27,529,377 99.82 30,675 0.11 19,378 0.07 The number of Broker Non-Votes for each of the above individuals was 1,485,203. Based on the votes set forth above, Directors Copeland, Grescovich, Herencia, Klaue, Layman, Riordan, Schwakopf and Walsh were duly elected to serve as directors of the Company for a one-year term expiring at the annual meeting of shareholders in 2025, and until their respective successors have been duly elected and qualified. The terms of Directors Ellen R.M. Boyer, Connie R. Collingsworth, and John Pedersen continued. Proposal 2 . An advisory (non-binding) vote to approve our executive compensation. This proposal received the following
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits 99.1 Press Release of Banner Corporation dated May 24, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. BANNER CORPORATION Date: May 24, 2024 By: /s/ Robert G. Butterfield Robert G. Butterfield Executive Vice President and Chief Financial Officer