Banner Corporation Announces Results of Annual Meeting; Shareholders Approve Reverse Stock Split and Confirm All Nominated Direc
April 26 2011 - 4:15PM
Banner Corporation (Nasdaq:BANR) today announced that shareholders
approved all proposals and re-elected all director nominees at its
2011 Annual Meeting held April 26, 2011 in Walla Walla, Washington.
About the Company
Banner Corporation, the parent company of Banner Bank and
Islanders Bank, is a $4.4 billion bank holding company operating
two commercial banks in Washington, Oregon and Idaho. The
banks serve the Pacific Northwest region with a full range of
deposit services and business, commercial real estate,
construction, residential, agricultural and consumer loans.
This press release contains statements that the Company believes
are "forward-looking statements." These statements relate to the
Company's financial condition, results of operations, plans,
objectives, future performance or business. You should not place
undue reliance on these statements, as they are subject to risks
and uncertainties. When considering these forward-looking
statements, you should keep in mind these risks and uncertainties,
as well as any cautionary statements the Company may make.
Moreover, you should treat these statements as speaking only as of
the date they are made and based only on information then actually
known to the Company.
CONTACT: Mark J. Grescovich, President & CEO
Lloyd W. Baker, CFO
(509) 527-3636
Banner (NASDAQ:BANR)
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