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CASH AND SECURITIES (Tables)
12 Months Ended
Dec. 31, 2013
Schedule of Investments [Line Items]  
Schedule of Cash and Cash Equivalents
Cash, due from bank and cash equivalents consisted of the following at the dates indicated (in thousands):
 
December 31
 
2013

 
2012

Cash on hand and due from banks
$
136,810

 
$
181,100

Cash equivalents:
 
 
 
Short-term cash investments
539

 
198

 
$
137,349

 
$
181,298

Schedule of Investments
The following table sets forth a summary of Banner’s interest-bearing deposits and securities at the dates indicated (includes securities—trading, available-for-sale and held-to-maturity, all at carrying value) (in thousands):
 
December 31
 
2013

 
2012

Interest-bearing deposits included in cash and due from banks
$
67,638

 
$
114,928

U.S. Government and agency obligations
61,327

 
98,617

Municipal bonds:
 
 
 
Taxable
34,216

 
31,480

Tax exempt
119,588

 
103,545

Total municipal bonds
153,804

 
135,025

Corporate bonds
44,154

 
48,519

Mortgage-backed or related securities:
 
 
 
1-4 residential agency guaranteed
58,117

 
105,770

1-4 residential other
1,051

 
1,299

Multifamily agency guaranteed
281,319

 
188,136

Multifamily other
10,234

 
10,659

Total mortgage-backed securities
350,721

 
305,864

Asset-backed securities:
 
 
 
Student Loan Marketing Association (SLMA)
15,681

 
32,474

Other asset-backed securities
9,510

 
10,042

Total asset-backed securities
25,191

 
42,516

Equity securities (excludes FHLB stock)
68

 
63

Total securities
635,265

 
630,604

FHLB stock
35,390

 
36,705

 
$
738,293

 
$
782,237

Schedule of Trading Securities
Securities—Trading:  The amortized cost and estimated fair value of securities—trading at December 31, 2013 and 2012 are summarized as follows (dollars in thousands):
 
December 31, 2013
 
December 31, 2012
 
Amortized
Cost
 
Fair Value
 
Percent of
Total
 
Amortized
Cost
 
Fair Value
 
Percent of
Total
U.S. Government and agency obligations
$
1,370

 
$
1,481

 
2.4
%
 
$
1,380

 
$
1,637

 
2.3
%
Municipal bonds:
 
 
 
 
 
 
 
 
 
 
 
Tax exempt
4,969

 
5,023

 
8.0

 
5,590

 
5,684

 
8.0

Total municipal bonds
4,969

 
5,023

 
8.0

 
5,590

 
5,684

 
8.0

Corporate bonds
49,498

 
35,140

 
56.2

 
57,807

 
35,741

 
50.2

Mortgage-backed or related securities:
 
 
 
 
 
 
 
 
 
 
 
One- to four-family residential agency guaranteed
10,483

 
11,230

 
18.0

 
16,574

 
17,911

 
25.1

Multifamily agency guaranteed
8,816

 
9,530

 
15.3

 
8,974

 
10,196

 
14.3

Total mortgage-backed or related securities
19,299

 
20,760

 
33.3

 
25,548

 
28,107

 
39.4

Equity securities
14

 
68

 
0.1

 
14

 
63

 
0.1

 
$
75,150

 
$
62,472

 
100.0
%
 
$
90,339

 
$
71,232

 
100.0
%
Schedule of Available-for-sale Securities
Securities—Available-for-Sale:  The amortized cost, gross unrealized losses and gains and estimated fair value of securities— available-for-sale at December 31, 2013 and 2012 are summarized as follows (dollars in thousands):
 
December 31, 2013
 
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
 
Percent of Total
U.S. Government and agency obligations
$
59,178

 
$
117

 
$
(635
)
 
$
58,660

 
12.5
%
Municipal bonds:
 
 
 
 
 
 
 
 
 
Taxable
23,842

 
100

 
(278
)
 
23,664

 
5.0

Tax exempt
29,229

 
170

 
(208
)
 
29,191

 
6.2

Total municipal bonds
53,071

 
270

 
(486
)
 
52,855

 
11.2

Corporate bonds
7,001

 
2

 
(39
)
 
6,964

 
1.5

Mortgage-backed or related securities:
 
 
 
 
 
 
 
 
 
One- to four-family residential agency guaranteed
47,077

 
648

 
(838
)
 
46,887

 
10.0

One- to four-family residential other
988

 
63

 

 
1,051

 
0.2

Multifamily agency guaranteed
271,428

 
402

 
(3,392
)
 
268,438

 
57.1

Multifamily other
10,604

 

 
(370
)
 
10,234

 
2.2

Total mortgage-backed or related securities
330,097

 
1,113

 
(4,600
)
 
326,610

 
69.5

Asset-backed securities:
 
 
 

 
 

 
 

 
 
SLMA
15,553

 
128

 

 
15,681

 
3.3

Other asset-backed securities
10,060

 

 
(550
)
 
9,510

 
2.0

Total asset-backed securities
25,613

 
128

 
(550
)
 
25,191

 
5.3

 
$
474,960

 
$
1,630

 
$
(6,310
)
 
$
470,280

 
100.0
%
 
 
 
 
 
 
 
 
 
 
 
December 31, 2012
 
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
 
Percent of Total
U.S. Government and agency obligations
$
96,666

 
$
367

 
$
(53
)
 
$
96,980

 
20.5
%
Municipal bonds:
 
 
 
 
 
 
 
 
 
Taxable
20,987

 
233

 
(67
)
 
21,153

 
4.5

Tax exempt
23,575

 
221

 
(11
)
 
23,785

 
5.0

Total municipal bonds
44,562

 
454

 
(78
)
 
44,938

 
9.5

Corporate bonds
10,701

 
37

 
(9
)
 
10,729

 
2.3

Mortgage-backed or related securities:
 
 
 
 
 
 
 
 
 
One- to four-family residential agency guaranteed
87,392

 
1,051

 
(584
)
 
87,859

 
18.6

One- to four-family residential other
1,223

 
76

 

 
1,299

 
0.3

Multifamily agency guaranteed
176,026

 
2,140

 
(226
)
 
177,940

 
37.6

Multifamily other
10,700

 
4

 
(45
)
 
10,659

 
2.2

Total mortgage-backed or related securities
275,341

 
3,271

 
(855
)
 
277,757

 
58.7

Asset-backed securities:
 
 
 
 
 
 
 
 
 
SLMA
32,309

 
210

 
(45
)
 
32,474

 
6.9

Other asset-backed securities
10,071

 

 
(29
)
 
10,042

 
2.1

Total asset-backed securities
42,380

 
210

 
(74
)
 
42,516

 
9.0

 
$
469,650

 
$
4,339

 
$
(1,069
)
 
$
472,920

 
100.0
%
Schedule of Available-for-sale Securities with Continuous Loss Position
At December 31, 2013 and 2012, an aging of unrealized losses and fair value of related securities—available-for-sale was as follows (in thousands):
 
December 31, 2013
 
Less Than 12 Months
 
12 Months or More
 
Total
 
Fair Value
 
Unrealized
Losses
 
Fair Value
 
Unrealized
Losses
 
Fair Value
 
Unrealized
Losses
U.S. Government and agency obligations
$
39,621

 
$
(633
)
 
$
998

 
$
(2
)
 
$
40,619

 
$
(635
)
Municipal bonds:
 

 
 

 
 

 
 

 
 

 
 

Taxable
15,580

 
(261
)
 
413

 
(17
)
 
15,993

 
(278
)
Tax exempt
8,217

 
(205
)
 
487

 
(3
)
 
8,704

 
(208
)
Total municipal bonds
23,797

 
(466
)
 
900

 
(20
)
 
24,697

 
(486
)
Corporate bonds
4,961

 
(39
)
 

 

 
4,961

 
(39
)
Mortgage-backed or related securities:
 

 
 

 
 

 
 

 
 

 
 

One- to four-family residential agency guaranteed
14,972

 
(133
)
 
22,560

 
(705
)
 
37,532

 
(838
)
Multifamily agency guaranteed
199,407

 
(3,162
)
 
10,096

 
(230
)
 
209,503

 
(3,392
)
Multifamily other
10,234

 
(370
)
 

 

 
10,234

 
(370
)
Total mortgage-backed or related securities
224,613

 
(3,665
)
 
32,656

 
(935
)
 
257,269

 
(4,600
)
Asset-backed securities:
 

 
 

 
 

 
 

 
 

 
 
Other asset-backed securities

 

 
9,510

 
(550
)
 
9,510

 
(550
)
 
$
292,992

 
$
(4,803
)
 
$
44,064

 
$
(1,507
)
 
$
337,056

 
$
(6,310
)
 
 
December 31, 2012
 
Less Than 12 Months
 
12 Months or More
 
Total
 
Fair Value
 
Unrealized
Losses
 
Fair Value
 
Unrealized
Losses
 
Fair Value
 
Unrealized
Losses
U.S. Government and agency obligations
$
22,955

 
$
(53
)
 
$

 
$

 
$
22,955

 
$
(53
)
Municipal bonds:
 

 
 

 
 

 
 

 
 
 
 

Taxable
11,009

 
(67
)
 

 

 
11,009

 
(67
)
Tax exempt
4,619

 
(11
)
 

 

 
4,619

 
(11
)
Total municipal bonds
15,628

 
(78
)
 

 

 
15,628

 
(78
)
Mortgage-backed or related securities:
 

 
 

 
 

 
 

 
 

 
 

One- to four-family residential agency guaranteed
32,459

 
(503
)
 
5,746

 
(81
)
 
38,205

 
(584
)
Multifamily agency guaranteed
32,170

 
(226
)
 

 

 
32,170

 
(226
)
Multifamily other
7,279

 
(45
)
 

 

 
7,279

 
(45
)
Total mortgage-backed or related securities
71,908

 
(774
)
 
5,746

 
(81
)
 
77,654

 
(855
)
Asset-backed securities:
 
 
 
 
 
 
 
 
 
 
 
SLMA
9,674

 
(45
)
 

 

 
9,674

 
(45
)
Other asset-backed securities
10,042

 
(29
)
 

 

 
10,042

 
(29
)
Total asset-backed securities
19,716

 
(74
)
 

 

 
19,716

 
(74
)
 
$
136,877

 
$
(988
)
 
$
5,746

 
$
(81
)
 
$
142,623

 
$
(1,069
)
Schedule of Held-to-maturity Securities
Securities—Held-to-Maturity:  The amortized cost, gross gains and losses and estimated fair value of securities—held-to-maturity at December 31, 2013 and 2012 are summarized as follows (dollars in thousands):
 
December 31, 2013
 
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
 
Percent of Total
U.S. Government and agency obligations
$
1,186

 
$

 
$
(80
)
 
$
1,106

 
1.1
%
Municipal bonds:
 
 
 
 
 
 
 
 
 
Taxable
10,552

 
193

 
(204
)
 
10,541

 
10.3

Tax exempt
85,374

 
2,545

 
(1,299
)
 
86,620

 
83.3

Total municipal bonds
95,926

 
2,738

 
(1,503
)
 
97,161

 
93.6

Corporate bonds
2,050

 

 

 
2,050

 
2.0

Mortgage-backed or related securities:
 
 
 
 
 
 
 
 
 
Multifamily agency guaranteed
3,351

 

 
(58
)
 
3,293

 
3.3

 
$
102,513

 
$
2,738

 
$
(1,641
)
 
$
103,610

 
100.0
%
 
 
 
 
 
 
 
 
 
 
 
December 31, 2012
 
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
 
Percent of Total
Municipal bonds:
 
 
 
 
 
 
 
 
 
Taxable
$
10,326

 
$
436

 
$
(157
)
 
$
10,605

 
11.9
%
Tax exempt
74,076

 
5,757

 
(30
)
 
79,803

 
85.7

Total municipal bonds
84,402

 
6,193

 
(187
)
 
90,408

 
97.6

Corporate bonds
2,050

 

 

 
2,050

 
2.4

 
$
86,452

 
$
6,193

 
$
(187
)
 
$
92,458

 
100.0
%
Schedule of Held-to-maturity Securities with Continuous Loss Position
At December 31, 2013 and 2012, an age analysis of unrealized losses and fair value of related securities—held-to-maturity was as follows (in thousands):
 
December 31, 2013
 
Less Than 12 Months
 
12 Months or More
 
Total
 
Fair Value
 
Unrealized
Losses
 
Fair Value
 
Unrealized
Losses
 
Fair Value
 
Unrealized
Losses
U.S. Government and agency obligations
$
1,106

 
$
(80
)
 
$

 
$

 
$
1,106

 
$
(80
)
Municipal bonds:
 
 
 
 
 
 
 
 
 
 
 
Taxable
3,344

 
(110
)
 
2,964

 
(94
)
 
6,308

 
(204
)
Tax exempt
31,234

 
(1,282
)
 
303

 
(17
)
 
31,537

 
(1,299
)
Total municipal bonds
34,578

 
(1,392
)
 
3,267

 
(111
)
 
37,845

 
(1,503
)
Mortgage-backed or related securities:
 
 
 
 
 
 
 
 
 
 
 
Multifamily agency guaranteed
3,293

 
(58
)
 

 

 
3,293

 
(58
)
 
$
38,977

 
$
(1,530
)
 
$
3,267

 
$
(111
)
 
$
42,244

 
$
(1,641
)
 
 
December 31, 2012
 
Less Than 12 Months
 
12 Months or More
 
Total
 
Fair Value
 
Unrealized
Losses
 
Fair Value
 
Unrealized
Losses
 
Fair Value
 
Unrealized
Losses
Municipal bonds:
 
 
 
 
 
 
 
 
 
 
 
Taxable
$
4,137

 
$
(157
)
 
$

 
$

 
$
4,137

 
$
(157
)
Tax exempt
910

 
(30
)
 

 

 
910

 
(30
)
Total municipal bonds
5,047

 
(187
)
 

 

 
5,047

 
(187
)
 
$
5,047

 
$
(187
)
 
$

 
$

 
$
5,047

 
$
(187
)
Schedule of Pledged Financial Instruments, Not Separately Reported
The following table presents, as of December 31, 2013, investment securities which were pledged to secure borrowings, public deposits or other obligations as permitted or required by law (in thousands):
 
Carrying Value
 
Amortized Cost
 
Fair Value
Purpose or beneficiary:
 
 
 
 
 
State and local governments public deposits
$
123,299

 
$
123,406

 
$
124,843

Interest rate swap counterparties
8,864

 
8,582

 
8,864

Retail repurchase transaction accounts
100,000

 
100,086

 
100,000

Other
3,315

 
3,282

 
3,315

Total pledged securities
$
235,478

 
$
235,356

 
$
237,022

Trading Securities [Member]
 
Schedule of Investments [Line Items]  
Schedule of Securities by Contractual Maturity Date
The amortized cost and estimated fair value of securities—trading at December 31, 2013 and 2012, by contractual maturity, are shown below (in thousands).  Expected maturities will differ from contractual maturities because some securities may be called or prepaid with or without call or prepayment penalties.
 
December 31, 2013
 
December 31, 2012
 
Amortized Cost
 
Fair Value
 
Amortized Cost
 
Fair Value
Maturing in one year or less
$
260

 
$
263

 
$

 
$

Maturing after one year through five years
7,056

 
7,298

 
4,496

 
4,867

Maturing after five years through ten years
12,602

 
13,572

 
14,251

 
15,536

Maturing after ten years through twenty years
33,335

 
27,472

 
12,055

 
11,346

Maturing after twenty years
21,883

 
13,799

 
59,523

 
39,420

 
75,136

 
62,404

 
90,325

 
71,169

Equity securities
14

 
68

 
14

 
63

 
$
75,150

 
$
62,472

 
$
90,339

 
$
71,232

Available-for-sale Securities [Member]
 
Schedule of Investments [Line Items]  
Schedule of Securities by Contractual Maturity Date
The amortized cost and estimated fair value of securities—available-for-sale at December 31, 2013 and 2012, by contractual maturity, are shown below (in thousands).  Expected maturities will differ from contractual maturities because some securities may be called or prepaid with or without call or prepayment penalties.
 
December 31, 2013
 
December 31, 2012
 
Amortized Cost
 
Fair Value
 
Amortized Cost
 
Fair Value
Maturing in one year or less
$
25,136

 
$
25,256

 
$
16,369

 
$
16,393

Maturing after one year through five years
322,493

 
319,489

 
205,913

 
207,147

Maturing after five years through ten years
58,468

 
57,782

 
132,372

 
133,407

Maturing after ten years through twenty years
15,535

 
15,135

 
43,386

 
43,414

Maturing after twenty years
53,328

 
52,618

 
71,610

 
72,559

 
$
474,960

 
$
470,280

 
$
469,650

 
$
472,920

Held-to-maturity Securities [Member]
 
Schedule of Investments [Line Items]  
Schedule of Securities by Contractual Maturity Date
The amortized cost and estimated fair value of securities—held-to-maturity at December 31, 2013 and 2012, by contractual maturity, are shown below (in thousands).  Expected maturities will differ from contractual maturities because some securities may be called or prepaid with or without call or prepayment penalties.
 
December 31, 2013
 
December 31, 2012
 
Amortized Cost
 
Fair Value
 
Amortized Cost
 
Fair Value
Maturing in one year or less
$
1,270

 
$
1,281

 
$
3,323

 
$
3,410

Maturing after one year through five years
10,834

 
11,206

 
13,641

 
14,335

Maturing after five years through ten years
17,948

 
17,908

 
13,295

 
13,452

Maturing after ten years through twenty years
59,643

 
60,791

 
53,031

 
57,868

Maturing after twenty years
12,818

 
12,424

 
3,162

 
3,393

 
$
102,513

 
$
103,610

 
$
86,452

 
$
92,458