| 10/26/07 |
Quarterly Cash Dividend Increased to $.0.20 Per Share |

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| 10/25/07 |
3rd Qtr Profits of $10 Million; Loans and Deposits Increase |

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| 10/10/07 |
3rd Qtr Conf. Call and Webcast; NCW Community Bank Acquired |

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| 07/27/07 |
Banner to Present at KBW Community Bank Investor Conference |

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| 07/26/07 |
Stock Repurchase Program Approved |

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| 07/26/07 |
$0.19 Quarterly Cash Dividend Declared |

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| 07/25/07 |
2nd Qtr Profits of $7.1 Million; Loans and Deposits Increase |

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| 07/09/07 |
2nd Quarter Conference Call and Webcast |

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| 06/28/07 |
Agreement to Acquire NCW Community Bank of Wenatchee, WA |

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| 05/30/07 |
David A. Klaue and John R. Layman Join Board of Directors |

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| 05/01/07 |
$7.8 Million 1st Qtr Profits; F&M Bank and San Juan Financial Holding Company Acquisitions Completed |

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| 04/25/07 |
$0.19 Cash Dividend Declared |
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| 04/12/07 |
2006 Annual Report Published |
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| 04/12/07 |
F&M Bank and San Juan Financial Holding Co. Acquisitions Receive Regulatory Approval; 1st Qtr Conf. Call and Webcast |
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| 03/16/07 |
2006 Form 10-K Published |
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| 03/02/07 |
Robert Lane Nominated to Banner Corporation Board |
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| 01/25/07 |
$0.19 Cash Dividend Declared |
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| 01/24/07 |
4th Qtr Earnings from Recurring Operations, Loans, and Deposits Increase |
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| 01/08/07 |
4th Quarter Conference Call and Webcast |
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