http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Thu, 30 Apr 2026 18:00:22 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Mergers+and+Acquisitions/Banner+Corp.+to+acquire+Pacific+Financial+in+%24177+million+stock+deal/26410534.html <p>Banner Corporation (NASDAQ: BANR) announced it will acquire Pacific Financial Corporation (OTCQX: PFLC) in an all-stock transaction valued at approximately $177 million, according to a press release statement.</p> <p>Under the merger agreement, Pacific Financial shareholders will receive 0.2633 shares of Banner common stock for each share they own. Based on Banner's closing price of $66.25 per share on April 29, 2026, the implied value equals $17.44 per Pacific Financial share.</p> <p>The combined company is expected to have approximately $18 billion in assets following the transaction's completion. Banner had assets of $16.34 billion as of March 31, 2026, while Bank of the Pacific, http://www.streetinsider.com/Mergers+and+Acquisitions/Banner+Corp.+to+acquire+Pacific+Financial+in+%24177+million+stock+deal/26410534.html Thu, 30 Apr 2026 18:00:22 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Mergers+and+Acquisitions/Banner+Corp.+to+acquire+Pacific+Financial+in+%24177+million+stock+deal/26410534.html <p>Banner Corporation (NASDAQ: BANR) announced it will acquire Pacific Financial Corporation (OTCQX: PFLC) in an all-stock transaction valued at approximately $177 million, according to a press release statement.</p> <p>Under the merger agreement, Pacific Financial shareholders will receive 0.2633 shares of Banner common stock for each share they own. Based on Banner's closing price of $66.25 per share on April 29, 2026, the implied value equals $17.44 per Pacific Financial share.</p> <p>The combined company is expected to have approximately $18 billion in assets following the transaction's completion. Banner had assets of $16.34 billion as of March 31, 2026, while Bank of the Pacific, http://www.streetinsider.com/Mergers+and+Acquisitions/Banner+Corp.+to+acquire+Pacific+Financial+in+%24177+million+stock+deal/26410534.html Thu, 30 Apr 2026 18:00:22 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Mergers+and+Acquisitions/Banner+Corp.+to+acquire+Pacific+Financial+in+%24177+million+stock+deal/26410534.html <p>Banner Corporation (NASDAQ: BANR) announced it will acquire Pacific Financial Corporation (OTCQX: PFLC) in an all-stock transaction valued at approximately $177 million, according to a press release statement.</p> <p>Under the merger agreement, Pacific Financial shareholders will receive 0.2633 shares of Banner common stock for each share they own. Based on Banner's closing price of $66.25 per share on April 29, 2026, the implied value equals $17.44 per Pacific Financial share.</p> <p>The combined company is expected to have approximately $18 billion in assets following the transaction's completion. Banner had assets of $16.34 billion as of March 31, 2026, while Bank of the Pacific, http://www.streetinsider.com/Mergers+and+Acquisitions/Banner+Corp.+to+acquire+Pacific+Financial+in+%24177+million+stock+deal/26410534.html Thu, 30 Apr 2026 18:00:22 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Mergers+and+Acquisitions/Banner+Corp.+to+acquire+Pacific+Financial+in+%24177+million+stock+deal/26410534.html <p>Banner Corporation (NASDAQ: BANR) announced it will acquire Pacific Financial Corporation (OTCQX: PFLC) in an all-stock transaction valued at approximately $177 million, according to a press release statement.</p> <p>Under the merger agreement, Pacific Financial shareholders will receive 0.2633 shares of Banner common stock for each share they own. Based on Banner's closing price of $66.25 per share on April 29, 2026, the implied value equals $17.44 per Pacific Financial share.</p> <p>The combined company is expected to have approximately $18 billion in assets following the transaction's completion. Banner had assets of $16.34 billion as of March 31, 2026, while Bank of the Pacific, http://www.streetinsider.com/Mergers+and+Acquisitions/Banner+Corp.+to+acquire+Pacific+Financial+in+%24177+million+stock+deal/26410534.html Thu, 30 Apr 2026 18:00:22 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Mergers+and+Acquisitions/Banner+Corp.+to+acquire+Pacific+Financial+in+%24177+million+stock+deal/26410534.html <p>Banner Corporation (NASDAQ: BANR) announced it will acquire Pacific Financial Corporation (OTCQX: PFLC) in an all-stock transaction valued at approximately $177 million, according to a press release statement.</p> <p>Under the merger agreement, Pacific Financial shareholders will receive 0.2633 shares of Banner common stock for each share they own. Based on Banner's closing price of $66.25 per share on April 29, 2026, the implied value equals $17.44 per Pacific Financial share.</p> <p>The combined company is expected to have approximately $18 billion in assets following the transaction's completion. Banner had assets of $16.34 billion as of March 31, 2026, while Bank of the Pacific, http://www.streetinsider.com/Mergers+and+Acquisitions/Banner+Corp.+to+acquire+Pacific+Financial+in+%24177+million+stock+deal/26410534.html Thu, 30 Apr 2026 18:00:22 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Mergers+and+Acquisitions/Banner+Corp.+to+acquire+Pacific+Financial+in+%24177+million+stock+deal/26410534.html <p>Banner Corporation (NASDAQ: BANR) announced it will acquire Pacific Financial Corporation (OTCQX: PFLC) in an all-stock transaction valued at approximately $177 million, according to a press release statement.</p> <p>Under the merger agreement, Pacific Financial shareholders will receive 0.2633 shares of Banner common stock for each share they own. Based on Banner's closing price of $66.25 per share on April 29, 2026, the implied value equals $17.44 per Pacific Financial share.</p> <p>The combined company is expected to have approximately $18 billion in assets following the transaction's completion. Banner had assets of $16.34 billion as of March 31, 2026, while Bank of the Pacific, http://www.streetinsider.com/Mergers+and+Acquisitions/Banner+Corp.+to+acquire+Pacific+Financial+in+%24177+million+stock+deal/26410534.html Thu, 30 Apr 2026 18:00:22 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Mergers+and+Acquisitions/Banner+Corp.+to+acquire+Pacific+Financial+in+%24177+million+stock+deal/26410534.html <p>Banner Corporation (NASDAQ: BANR) announced it will acquire Pacific Financial Corporation (OTCQX: PFLC) in an all-stock transaction valued at approximately $177 million, according to a press release statement.</p> <p>Under the merger agreement, Pacific Financial shareholders will receive 0.2633 shares of Banner common stock for each share they own. Based on Banner's closing price of $66.25 per share on April 29, 2026, the implied value equals $17.44 per Pacific Financial share.</p> <p>The combined company is expected to have approximately $18 billion in assets following the transaction's completion. Banner had assets of $16.34 billion as of March 31, 2026, while Bank of the Pacific, http://www.streetinsider.com/Mergers+and+Acquisitions/Banner+Corp.+to+acquire+Pacific+Financial+in+%24177+million+stock+deal/26410534.html Thu, 30 Apr 2026 18:00:22 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Mergers+and+Acquisitions/Banner+Corp.+to+acquire+Pacific+Financial+in+%24177+million+stock+deal/26410534.html <p>Banner Corporation (NASDAQ: BANR) announced it will acquire Pacific Financial Corporation (OTCQX: PFLC) in an all-stock transaction valued at approximately $177 million, according to a press release statement.</p> <p>Under the merger agreement, Pacific Financial shareholders will receive 0.2633 shares of Banner common stock for each share they own. Based on Banner's closing price of $66.25 per share on April 29, 2026, the implied value equals $17.44 per Pacific Financial share.</p> <p>The combined company is expected to have approximately $18 billion in assets following the transaction's completion. Banner had assets of $16.34 billion as of March 31, 2026, while Bank of the Pacific, http://www.streetinsider.com/Mergers+and+Acquisitions/Banner+Corp.+to+acquire+Pacific+Financial+in+%24177+million+stock+deal/26410534.html Thu, 30 Apr 2026 18:00:22 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Mergers+and+Acquisitions/Banner+Corp.+to+acquire+Pacific+Financial+in+%24177+million+stock+deal/26410534.html <p>Banner Corporation (NASDAQ: BANR) announced it will acquire Pacific Financial Corporation (OTCQX: PFLC) in an all-stock transaction valued at approximately $177 million, according to a press release statement.</p> <p>Under the merger agreement, Pacific Financial shareholders will receive 0.2633 shares of Banner common stock for each share they own. Based on Banner's closing price of $66.25 per share on April 29, 2026, the implied value equals $17.44 per Pacific Financial share.</p> <p>The combined company is expected to have approximately $18 billion in assets following the transaction's completion. Banner had assets of $16.34 billion as of March 31, 2026, while Bank of the Pacific, http://www.streetinsider.com/Mergers+and+Acquisitions/Banner+Corp.+to+acquire+Pacific+Financial+in+%24177+million+stock+deal/26410534.html Thu, 30 Apr 2026 18:00:22 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Mergers+and+Acquisitions/Banner+Corp.+to+acquire+Pacific+Financial+in+%24177+million+stock+deal/26410534.html <p>Banner Corporation (NASDAQ: BANR) announced it will acquire Pacific Financial Corporation (OTCQX: PFLC) in an all-stock transaction valued at approximately $177 million, according to a press release statement.</p> <p>Under the merger agreement, Pacific Financial shareholders will receive 0.2633 shares of Banner common stock for each share they own. Based on Banner's closing price of $66.25 per share on April 29, 2026, the implied value equals $17.44 per Pacific Financial share.</p> <p>The combined company is expected to have approximately $18 billion in assets following the transaction's completion. Banner had assets of $16.34 billion as of March 31, 2026, while Bank of the Pacific, http://www.streetinsider.com/Mergers+and+Acquisitions/Banner+Corp.+to+acquire+Pacific+Financial+in+%24177+million+stock+deal/26410534.html Thu, 30 Apr 2026 18:00:22 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Press+Releases/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html <p> WALLA WALLA, Wash. &amp; ABERDEEN, Wash.--(BUSINESS WIRE)-- 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. Following closing, the combined company is expected to have approximately $18 billion in assets. </p><p> Bank of the Pacific is a 55-year-old Washington state-chartered commercial bank serving business and http://www.streetinsider.com/Press+Releases/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html Thu, 30 Apr 2026 18:00:00 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Press+Releases/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html <p> WALLA WALLA, Wash. &amp; ABERDEEN, Wash.--(BUSINESS WIRE)-- 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. Following closing, the combined company is expected to have approximately $18 billion in assets. </p><p> Bank of the Pacific is a 55-year-old Washington state-chartered commercial bank serving business and http://www.streetinsider.com/Press+Releases/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html Thu, 30 Apr 2026 18:00:00 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Press+Releases/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html <p> WALLA WALLA, Wash. &amp; ABERDEEN, Wash.--(BUSINESS WIRE)-- 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. Following closing, the combined company is expected to have approximately $18 billion in assets. </p><p> Bank of the Pacific is a 55-year-old Washington state-chartered commercial bank serving business and http://www.streetinsider.com/Press+Releases/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html Thu, 30 Apr 2026 18:00:00 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Press+Releases/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html <p> WALLA WALLA, Wash. &amp; ABERDEEN, Wash.--(BUSINESS WIRE)-- 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. Following closing, the combined company is expected to have approximately $18 billion in assets. </p><p> Bank of the Pacific is a 55-year-old Washington state-chartered commercial bank serving business and http://www.streetinsider.com/Press+Releases/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html Thu, 30 Apr 2026 18:00:00 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Press+Releases/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html <p> WALLA WALLA, Wash. &amp; ABERDEEN, Wash.--(BUSINESS WIRE)-- 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. Following closing, the combined company is expected to have approximately $18 billion in assets. </p><p> Bank of the Pacific is a 55-year-old Washington state-chartered commercial bank serving business and http://www.streetinsider.com/Press+Releases/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html Thu, 30 Apr 2026 18:00:00 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Press+Releases/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html <p> WALLA WALLA, Wash. &amp; ABERDEEN, Wash.--(BUSINESS WIRE)-- 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. Following closing, the combined company is expected to have approximately $18 billion in assets. </p><p> Bank of the Pacific is a 55-year-old Washington state-chartered commercial bank serving business and http://www.streetinsider.com/Press+Releases/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html Thu, 30 Apr 2026 18:00:00 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Press+Releases/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html <p> WALLA WALLA, Wash. &amp; ABERDEEN, Wash.--(BUSINESS WIRE)-- 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. Following closing, the combined company is expected to have approximately $18 billion in assets. </p><p> Bank of the Pacific is a 55-year-old Washington state-chartered commercial bank serving business and http://www.streetinsider.com/Press+Releases/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html Thu, 30 Apr 2026 18:00:00 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Press+Releases/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html <p> WALLA WALLA, Wash. &amp; ABERDEEN, Wash.--(BUSINESS WIRE)-- 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. Following closing, the combined company is expected to have approximately $18 billion in assets. </p><p> Bank of the Pacific is a 55-year-old Washington state-chartered commercial bank serving business and http://www.streetinsider.com/Press+Releases/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html Thu, 30 Apr 2026 18:00:00 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Press+Releases/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html <p> WALLA WALLA, Wash. &amp; ABERDEEN, Wash.--(BUSINESS WIRE)-- 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. Following closing, the combined company is expected to have approximately $18 billion in assets. </p><p> Bank of the Pacific is a 55-year-old Washington state-chartered commercial bank serving business and http://www.streetinsider.com/Press+Releases/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html Thu, 30 Apr 2026 18:00:00 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Press+Releases/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html <p> WALLA WALLA, Wash. &amp; ABERDEEN, Wash.--(BUSINESS WIRE)-- 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. Following closing, the combined company is expected to have approximately $18 billion in assets. </p><p> Bank of the Pacific is a 55-year-old Washington state-chartered commercial bank serving business and http://www.streetinsider.com/Press+Releases/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html Thu, 30 Apr 2026 18:00:00 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Business+Wire/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html <p> WALLA WALLA, Wash. &amp; ABERDEEN, Wash.--(BUSINESS WIRE)-- 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. Following closing, the combined company is expected to have approximately $18 billion in assets. </p><p> Bank of the Pacific is a 55-year-old Washington state-chartered commercial bank serving business and http://www.streetinsider.com/Business+Wire/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html Thu, 30 Apr 2026 18:00:00 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Business+Wire/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html <p> WALLA WALLA, Wash. &amp; ABERDEEN, Wash.--(BUSINESS WIRE)-- 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. Following closing, the combined company is expected to have approximately $18 billion in assets. </p><p> Bank of the Pacific is a 55-year-old Washington state-chartered commercial bank serving business and http://www.streetinsider.com/Business+Wire/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html Thu, 30 Apr 2026 18:00:00 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Business+Wire/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html <p> WALLA WALLA, Wash. &amp; ABERDEEN, Wash.--(BUSINESS WIRE)-- 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. Following closing, the combined company is expected to have approximately $18 billion in assets. </p><p> Bank of the Pacific is a 55-year-old Washington state-chartered commercial bank serving business and http://www.streetinsider.com/Business+Wire/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html Thu, 30 Apr 2026 18:00:00 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Business+Wire/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html <p> WALLA WALLA, Wash. &amp; ABERDEEN, Wash.--(BUSINESS WIRE)-- 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. Following closing, the combined company is expected to have approximately $18 billion in assets. </p><p> Bank of the Pacific is a 55-year-old Washington state-chartered commercial bank serving business and http://www.streetinsider.com/Business+Wire/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html Thu, 30 Apr 2026 18:00:00 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC http://www.streetinsider.com/Business+Wire/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html <p> WALLA WALLA, Wash. &amp; ABERDEEN, Wash.--(BUSINESS WIRE)-- 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. Following closing, the combined company is expected to have approximately $18 billion in assets. </p><p> Bank of the Pacific is a 55-year-old Washington state-chartered commercial bank serving business and http://www.streetinsider.com/Business+Wire/Banner+Corporation+to+Acquire+Pacific+Financial+Corporation/26410531.html Thu, 30 Apr 2026 18:00:00 -0400 A.06530501 A.21408081 A.50202048 BANR O.00008922 O.00184104 O.01114409 O.20151248 O.32241120 PFLC