BANNER CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Unaudited) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012		Dec. 31, 2011
ASSETS
Cash and due from banks	$ 189,176		$ 132,436
Securities-trading	77,368		80,727
Securities-available-for-sale	436,130		465,795
Securities-held-to-maturity	83,312		75,438
Federal Home Loan Bank (FHLB) stock	37,371		37,371
Loans receivable:
Held for sale	6,752		3,007
Held for portfolio	3,205,505		3,293,331
Allowance for loan losses	(80,221)		(82,912)
Total Loans	3,132,036		3,213,426
Accrued interest receivable	14,656		15,570
Real estate owned, held for sale, net	25,816		42,965
Property and equipment, net	90,228		91,435
Intangible assets, net	5,252		6,331
Bank-owned life insurance (BOLI)	59,800		58,563
Deferred tax assets, net	31,572
Other assets	38,710		37,255
Total Assets	4,221,427		4,257,312
Deposits:
Non-interest-bearing	804,562		777,563
Interest-bearing transaction and savings accounts	1,449,890		1,447,594
Interest-bearing certificates	1,171,297		1,250,497
Total Deposit Liabilities	3,425,749		3,475,654
Advances from FHLB at fair value	10,423		10,533
Other borrowings	90,030		152,128
Junior subordinated debentures at fair value (issued in connection with Trust Preferred Securities)	70,553		49,988
Accrued expenses and other liabilities	23,564		23,253
Deferred compensation	13,916		13,306
Total Liabilities	3,634,235		3,724,862
COMMITMENTS AND CONTINGENCIES		[1]		[1]
STOCKHOLDERS' EQUITY
Preferred stock - $0.01 par value per share	121,610		120,702
Common stock and paid in capital - $0.01 par value per share	554,866		531,149
Accumulated deficit	(89,266)		(119,465)
Accumulated other comprehensive income:	1,969		2,051
Unearned shares of common stock issued to Employee Stock Ownership Plan (ESOP) trust at cost	(1,987)		(1,987)
Total Stockholders' Equity	587,192		532,450
Total Liabilities and Stockholders' Equity	$ 4,221,427		$ 4,257,312

[1] See Note 15