| Income Statement for Banner Corp. (BANR) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | Total Interest Income | 295,309 | 243,019 | 190,160 | 156,230 | 140,441 | | Total Interest Expense | (145,690) | (116,114) | (81,377) | (59,915) | (59,848) | | Net Interest Income | 149,619 | 126,905 | 108,783 | 96,315 | 80,593 | | Loan Loss Provision | (5,900) | (5,500) | (4,903) | (5,644) | (7,300) | | Net Interest Income After Loan Loss Provision | 143,719 | 121,405 | 103,880 | 90,671 | 73,293 | | Non-Interest Income | 38,583 | 20,575 | 10,544 | 16,968 | 19,581 | | Non-Interest Expense | (127,489) | (94,381) | (97,548) | (79,714) | (69,876) | | Special Income/Charges | - | - | - | - | - | | Net Income Before Taxes | 54,813 | 47,599 | 16,876 | 27,925 | 22,998 | | Premium Tax (Credit) | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Income Taxes | (17,890) | (15,436) | (4,432) | (8,585) | (6,891) | | Net Income from Continuing Operations | 36,923 | 32,163 | 12,444 | 19,340 | 16,107 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 36,923 | 32,163 | 12,444 | 19,340 | 16,107 | | Extraordinary Income/Loss | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 36,923 | 32,163 | 12,444 | 19,340 | 16,107 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.76 | 0.72 | 0.68 | 0.64 | 0.60 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 2.53 | 2.70 | 1.08 | 1.74 | 1.49 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 2.53 | 2.70 | 1.08 | 1.74 | 1.49 | | Basic EPS from Extraordinary Inc | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Cum. Effect of Acct Chg | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Tax Loss Carryforward | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Other Gains(Loss) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS, Total | 2.53 | 2.70 | 1.08 | 1.74 | 1.49 | | | Basic Normalized Net Income/Share | 2.53 | 2.70 | 1.08 | 1.74 | 1.49 | | | Diluted EPS from Continuing Operations | 2.49 | 2.63 | 1.04 | 1.65 | 1.44 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 2.49 | 2.63 | 1.04 | 1.65 | 1.44 | | Diluted EPS from Extraordinary Inc | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Cum. Effect of Acct Chg | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Tax Loss Carryforward | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Other Gains(Loss) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS, Total | 2.49 | 2.63 | 1.04 | 1.65 | 1.44 | | | Diluted Normalized Net Income/Share | 2.49 | 2.63 | 1.04 | 1.65 | 1.44 | | | |
