Banner Corp clears two regulatory hurdles for Pacific Financial merger, expects Q3 close

Filed August 13, 2026 · Period ending August 11, 2026 · ~1 min read

Key Changes

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  FDIC approved the Pacific Financial merger on August 12, conditional on Federal Reserve clearance—the final major regulatory approval needed.

  Item 8.01 verify on EDGAR →
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  Washington State Department of Financial Institutions granted approval on August 11, also subject to FDIC and Federal Reserve sign-off.

  Item 8.01 verify on EDGAR →
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  Pacific Financial shareholders voted to approve the merger agreement at a special meeting held August 12.

  Item 8.01 verify on EDGAR →