BANNER CORP 8K

Banner Corporation completed its stock-for-stock acquisition of Pacific Financial Corporation and Bank of the Pacific effective September 1, 2026, expanding its Pacific Northwest banking franchise.

On September 1, 2026, Banner Corporation, the parent of Banner Bank, completed its previously announced acquisition of Pacific Financial Corporation and its wholly owned subsidiary, Bank of the Pacific, in an all‑stock transaction in which each share of Pacific Financial common stock was converted into 0.2633 shares of Banner common stock, resulting in former Pacific Financial shareholders owning approximately 7% of the combined company and expanding Banner’s branch footprint and deposit base in Western Washington and Western Oregon, with systems integration and full rebranding to Banner planned for November 2026.

Filing Facts

CIK

946673

Ticker

-

Form

8K

Source Type

sec

Accession

0000946673-26-000184

Alert Tier

8