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BANNER CORPORATION (PARENT COMPANY ONLY) (Tables)
 12 Months Ended
Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Schedule of Condensed Financial Condition
Summary financial information is as follows (in thousands):
Statements of Financial Condition
December 31
 
2016
 
2015
ASSETS
 
 
 
Cash
$
86,268

 
$
58,232

Investment in trust equities
4,212

 
4,212

Investment in subsidiaries
1,307,475

 
1,319,348

Other assets
13,784

 
21,134

Total assets
$
1,411,739

 
$
1,402,926

LIABILITIES AND SHAREHOLDERS’ EQUITY
 
 
 
Miscellaneous liabilities
$
8,990

 
$
7,846

Deferred tax liability
1,839

 
2,541

Junior subordinated debentures at fair value
95,200

 
92,480

Shareholders’ equity
1,305,710

 
1,300,059

Total liabilities and shareholders' equity
$
1,411,739

 
$
1,402,926
Schedule of Condensed Statement of Operations
Statements of Operations
Years Ended December 31
 
2016
 
2015
 
2014
INTEREST INCOME:
 
 
 
 
 
Interest-bearing deposits
$
127

 
$
122

 
$
96

OTHER INCOME (EXPENSE):
 
 
 
 
 
Dividend income from subsidiaries
50,971

 
170,260

 
26,027

Equity in undistributed (distributions in excess of) income of subsidiaries
40,852

 
(116,120
)
 
33,612

Other income
60

 
69

 
67

Net change in valuation of financial instruments carried at fair value
(2,720
)
 
(2,714
)
 
(4,073
)
Interest on other borrowings
(4,040
)
 
(3,247
)
 
(2,914
)
Other expenses
(3,450
)
 
(7,175
)
 
(2,519
)
Net income before taxes
81,800

 
41,195

 
50,296

BENEFIT FROM INCOME TAXES
(3,585
)
 
(4,027
)
 
(3,774
)
NET INCOME
$
85,385

 
$
45,222

 
$
54,070
Schedule of Condensed Statement of Cash Flows

Statements of Cash Flows
Years Ended December 31
 
2016
 
2015
 
2014
OPERATING ACTIVITIES:
 
 
 
 
 
Net income
$
85,385

 
$
45,222

 
$
54,070

Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
 
 
Distributions in excess of (equity in undistributed) income of subsidiaries
(40,852
)
 
116,120

 
(33,612
)
Decrease in deferred taxes
(702
)
 
(1,398
)
 
(1,444
)
Net change in valuation of financial instruments carried at fair value
2,720

 
2,714

 
4,073

Decrease (increase) in other assets
7,332

 
(10,655
)
 
(3,822
)
Increase in other liabilities
3,233

 
3,919

 
222

Net cash provided from operating activities
57,116

 
155,922

 
19,487

INVESTING ACTIVITIES:
 
 
 
 
 
Funds transferred to deferred compensation trust
(26
)
 
(26
)
 
(26
)
Reduction in investment in subsidiaries
50,000

 
—

 
—

Acquisitions
—

 
(132,652
)
 
—

Net cash provided from (used by) investing activities
49,974

 
(132,678
)
 
(26
)
FINANCING ACTIVITIES:
 
 
 
 
 
Issuance of stock for shareholder reinvestment program
—

 
34

 
127

Repurchase of common stock
(50,772
)
 
—

 
—

Cash dividends paid
(28,282
)
 
(17,170
)
 
(13,462
)
Net cash used by financing activities
(79,054
)
 
(17,136
)
 
(13,335
)
NET CHANGE IN CASH
28,036

 
6,108

 
6,126

CASH, BEGINNING OF PERIOD
58,232

 
52,124

 
45,998

CASH, END OF PERIOD
$
86,268

 
$
58,232

 
$
52,124