Banner Corporation (NASDAQ:BANR) Q2 2022 Earnings Conference Call July 21, 2022 11:00 AM ET

Company Participants

Mark Grescovich - President and CEO

Peter Conner - CFO

Jill Rice - Chief Credit Officer

Rich Arnold - Head of IR

Conference Call Participants

Andrew Liesch - Piper Sandler

Jeff Rulis - D.A. Davidson

Tim Coffey - Janney

Kelly Motta – KBW

Operator

Thank you all, and welcome to Banner Corporation Second Quarter 2022 Conference Call and Webcast. My name is Brika, and I'll be today's event specialist. [Operator Instructions]

Your host for today's call will be Mark Grescovich, President and CEO for Banner Corporation. So Mark, please go ahead when you're ready.

Mark Grescovich

Thank you, Brika, and good morning, everyone. I would also like to welcome you to the second quarter 2022 earnings call for Banner Corporation. As is customary, joining me on the call today is Peter Conner, our Chief Financial Officer; Jill Rice, our Chief Credit Officer; and Rich Arnold, our Head of Investor Relations.

Rich, would you please read our forward-looking safe harbor statement?

Rich Arnold

Sure, Mark. Good morning. Our presentation today discusses Banner's business outlook and will include forward-looking statements. Those statements include descriptions of management's plans, objectives or goals for future operations, products or services, forecast of financial or other performance measures and statements about Banner's general outlook for economic and other conditions. We also may make other forward-looking statements in the question-and-answer period following management's discussion.

These forward-looking statements are subject to a number of risks and uncertainties, and actual results may differ materially from those discussed today. Information on the risk factors that could cause actual results to differ are available from the earnings press release that was released yesterday and a recently filed Form 10-Q for the quarter ended March 31, 2022. Forward-looking statements are effective only as of the date they are made, and Banner assumes no obligation to update information concerning its expectations.

Mark?

Mark Grescovich

Thank you, Rich.

Today, we will cover four primary items with you. First, I will provide you high-level comments on Banner's second quarter performance. Second, the actions Banner continues to take to support all of our stakeholders including our Banner team, our clients, our communities and our shareholders. Third, Jill Rice will provide comments on the current status of our loan portfolio. And finally, Peter Conner will provide more detail on our operating performance for the quarter and an update on our strategic initiative called Banner Forward.