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Banner Corporation Declares $0.01 Quarterly Cash Dividend


WALLA WALLA, Wash., Dec. 27, 2011 (GLOBE NEWSWIRE) -- Banner
Corporation (Nasdaq:BANR), the parent company of Banner Bank and
Islanders Bank, today announced its Board of Directors declared a
regular quarterly cash dividend of $0.01 per share. The dividend is
payable January 13, 2012, to common shareholders of record on January
6, 2012.

Banner Corporation is a $4.3 billion bank holding company operating two
commercial banks in Washington, Oregon and Idaho. Banner serves the
Pacific Northwest region with a full range of deposit services and
business, commercial real estate, construction, residential,
agricultural and consumer loans. Visit Banner Bank on the Web at
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