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BANNER CORPORATION AND SUBSIDIARIES - CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and due from banks $ 132,436 $ 361,652
Securities-trading 80,727 95,379
Securities-available-for-sale 465,795 200,227
Securities-held-to-maturity 75,438 72,087
Federal Home Loan Bank (FHLB) stock 37,371 37,371
Loans receivable:    
Held for sale 3,007 3,492
Held for portfolio 3,293,331 3,399,625
Allowance for loan losses (82,912) (97,401)
Total Loans 3,213,426 3,305,716
Accrued interest receivable 15,570 15,927
Real estate owned, held for sale, net 42,965 100,872
Property and equipment, net 91,435 96,502
Other intangible assets, net 6,331 8,609
Income taxes receivable, net   12,981
Bank-owned life insurance (BOLI) 58,563 56,653
Other assets 37,255 42,106
Total Assets 4,257,312 4,406,082
Deposits:    
Non-interest-bearing 777,563 600,457
Interest-bearing transaction and savings accounts 1,447,594 1,433,248
Interest-bearing certificates 1,250,497 1,557,493
Total Deposit Liabilities 3,475,654 3,591,198
Advances from FHLB at fair value 10,533 43,523
Other borrowings 152,128 175,813
Junior subordinated debentures at fair value (issued in connection with Trust Preferred Securities) 49,988 48,425
Accrued expenses and other liabilities 23,253 21,048
Deferred compensation 13,306 14,603
Total Liabilities 3,724,862 3,894,610
STOCKHOLDERS' EQUITY    
Preferred stock - $0.01 par value 120,702 119,000
Common stock and paid in capital - $0.01 par value per share 531,149 509,457
Accumulated deficit (119,465) (115,348)
Accumulated other comprehensive income: 2,051 350
Unearned shares of common stock issued to Employee Stock Ownership Plan (ESOP) trust at cost (1,987) (1,987)
Carrying value of shares held in trust for stock related compensation plans (7,715) (8,459)
Liability for common stock issued to deferred, stock related, compensation plans 7,715 8,459
Total Stockholders' Equity 532,450 511,472
Total Liabilities and Stockholders' Equity $ 4,257,312 $ 4,406,082