Banner and Pacific Financial set September 1 merger closing date

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Banner Corporation and Pacific Financial Corporation Set Closing Date for Merger

August 17, 2026 4:05 PM EDT

WALLA WALLA, Wash. & 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 important updates relating to the previously announced merger of Pacific Financial into Banner pursuant to that certain Agreement and Plan of Merger, dated as of April 30, 2026.

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