BANNER CORP (BANR) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	8-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Interest income:
Interest income on loans		445.7	466.4	471.5	413.4	374.4	359.6	237.3
		445.7	466.4	471.5	413.4	374.4	359.6	237.3
Interest expense:
Interest on deposits		11.8	25.0	37.6	20.6	12.3	11.1	8.4
Interest on borrowings		8.8	7.2	6.6	6.1
	10.1	52.9	77.3	56.8	65.6	19.3	16.4	12.2
Net interest income	553.2	0.1	0.1	0.1	0.0	393.0	375.1	242.3
Provision for loan losses						8.0	6.0
Net interest income after provision for loan losses	553.2	0.1	0.1	0.1	0.0	385.0	369.0	242.3
Deposit and loan fees								40.6
Gain on sale of investments, net								-0.5
Other non-interest income	75.3	39.5	57.9	4.6	4.5	4.6	4.5	20.2
Total non-interest income	75.3	39.5	57.9	4.6	4.5	4.6	4.5	60.3
Non-interest expenses	377.3	380.1	369.6	357.7	341.4	319.0	315.6	236.6
Pre-tax income	240.8	196.7	113.6	144.0	134.2	151.3	129.6	68.0
Income taxes	45.4	-4.4	-2.3	-2.3	-2.3	90.5	44.3	22.7
Tax rate	18.9%					59.8%	34.1%	33.5%
Net income	195.4	201.0	115.9	146.3	136.5	60.8	85.4	45.2
Net margin	34.1%	505.9%	199.7%	3062.8%	2961.3%	15.6%	22.9%	14.9%

Basic EPS	$5.70	$5.81	$3.29	$4.20	$4.16	$1.85	$2.52	$1.90
Diluted EPS	$5.67	$5.76	$3.26	$4.18	$4.15	$1.84	$2.52	$1.89

Shares outstanding (basic)	34.3	34.6	35.3	34.9	32.8	32.9	33.8	23.8
Shares outstanding (diluted)	34.5	34.9	35.5	35.0	32.9	33.0	33.9	23.9

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.