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Banner Corporation to Acquire Pacific Financial Corporation

WALLA WALLA, Wash. & ABERDEEN, Wash., April 30, 2026--Banner Corporation ("Banner") (NASDAQ: BANR), the holding company for Banner Bank, and Pacific Financial Corporation ("Pacific Financial") (OTCQX: PFLC), the holding company for Bank of the Pacific, today jointly announced that they have entered into a definitive merger agreement. Under the terms of the agreement, Banner will acquire Pacific Financial in an all-stock transaction, subject to the terms and conditions set forth therein. Followin

articleBanner CorporationApril 30, 202610/company/banner-corporation/news/banner-corporation-to-acquire-pacific-financial-corporation
Banner Corporation to Acquire Pacific Financial Corporation

About this update from Banner Corporation

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Banner BankBanner CorporationBank of the PacificPacific