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BANNER CORPORATION (PARENT COMPANY ONLY) (Tables)
 12 Months Ended
Dec. 31, 2012
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
 
2012

 
2011

ASSETS
 
 
 
Cash
$
36,884

 
$
73,033

Investment in trust equities
3,716

 
3,716

Investment in subsidiaries
556,125

 
532,561

Other assets
2,601

 
1,207

 
$
599,326

 
$
610,517

LIABILITIES AND STOCKHOLDERS’ EQUITY
 
 
 
Miscellaneous liabilities
$
6,401

 
$
2,106

Deferred tax liability
12,943

 
25,973

Junior subordinated debentures at fair value
73,063

 
49,988

Stockholders’ equity
506,919

 
532,450

 
$
599,326

 
$
610,517
Schedule of Condensed Statement of Operations
Statements of Operations
Years Ended December 31
 
2012

 
2011

 
2010

INTEREST INCOME:
 
 
 
 
 
Certificates, time deposits and dividends
$
218

 
$
277

 
$
362

OTHER INCOME (EXPENSE):
 
 
 
 
 
Dividend income from subsidiaries
61,329

 
990

 
1,760

Equity in undistributed income of subsidiaries
23,507

 
9,478

 
(58,766
)
Other income
55

 
46

 
46

Net change in valuation of financial instruments carried at fair value
(23,075
)
 
(1,563
)
 
(730
)
Interest on other borrowings
(3,395
)
 
(4,193
)
 
(4,226
)
Other expenses
(2,375
)
 
(2,313
)
 
(2,818
)
Net income (loss) before taxes
56,264

 
2,722

 
(64,372
)
BENEFIT FROM INCOME TAXES
(8,618
)
 
(2,735
)
 
(2,476
)
NET INCOME (LOSS)
$
64,882

 
$
5,457

 
$
(61,896
)
Schedule of Condensed Statement of Cash Flows

Statements of Cash Flows
Years Ended December 31
 
2012

 
2011

 
2010

OPERATING ACTIVITIES:
 
 
 
 
 
Net income (loss)
$
64,882

 
$
5,457

 
$
(61,896
)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
 
 
 
 
 
Equity in undistributed earnings of subsidiaries
(23,507
)
 
(9,478
)
 
58,766

Increase (decrease) in deferred taxes
(13,030
)
 
(562
)
 
703

Net change in valuation of financial instruments carried at fair value
23,075

 
1,563

 
730

Increase in other assets
(496
)
 
1,933

 
(847
)
Increase (decrease) in other liabilities
4,941

 
(957
)
 
3

Net cash provided by (used by) operating activities
55,865

 
(2,044
)
 
(2,541
)
INVESTING ACTIVITIES:
 
 
 
 
 
Funds transferred to deferred compensation trust
(332
)
 
(162
)
 
(110
)
Additional funds invested in subsidiaries
—

 
—

 
(110,000
)
Net cash used by investing activities
(332
)
 
(162
)
 
(110,110
)
FINANCING ACTIVITIES:
 
 
 
 
 
Issuance of stock for stockholder reinvestment program
36,316

 
21,556

 
16,201

Redemption of senior preferred stock
(121,528
)
 
—

 
—

Issuance of stock in secondary offering, net of costs
—

 
—

 
161,637

Cash dividends paid
(6,470
)
 
(8,827
)
 
(8,867
)
Net cash provided by (used by) financing activities
(91,682
)
 
12,729

 
168,971

NET INCREASE (DECREASE) IN CASH
(36,149
)
 
10,523

 
56,320

CASH, BEGINNING OF PERIOD
73,033

 
62,510

 
6,190

CASH, END OF PERIOD
$
36,884

 
$
73,033

 
$
62,510