Banner Corporation (Nasdaq:BANR), the parent company of Banner Bank and Islanders Bank, today announced that it will report first quarter results after the market closes on Wednesday, April 21, 2010. Management will host a conference call on Thursday, April 22 at 8:00 a.m. PDT (11:00 a.m. EDT) to discuss the results. The call will also be broadcast live via the internet.

Interested investors may listen to the call live or via replay at www.bannerbank.com. Investment professionals are invited to dial (480) 629-9835 to participate in the call. A replay will be available for one week at (303) 590-3030, using access code 4283091.

About Banner Corporation

Banner Corporation is a $4.7 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 www.bannerbank.com. 

CONTACT: Banner Corporation

D. Michael Jones, CEO

Lloyd W. Baker, CFO

(509) 527-3636

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