EX-21 2 banr-12312015xex21.htm EXHIBIT 21 Exhibit


EXHIBIT 21

SUBSIDIARIES OF THE REGISTRANT

Parent
 
 
 
 
Banner Corporation
 
 
 
 
 
 
Percentage of
 
Jurisdiction of State of
Subsidiaries
 
Ownership
 
Incorporation
Banner Bank (1)
 
100
%
 
Washington
Islanders Bank (1)
 
100
%
 
Washington
Banner Capital Trusts II, III, IV, V, VI, and VII (1)
 
100
%
 
Washington
Springer Development LLC (2)
 
100
%
 
Washington
Community Financial Corporation (2)
 
100
%
 
Oregon
Northwest Financial Corporation (2)
 
100
%
 
Washington
Banner Investment Advisors, LLC (2)
 
100
%
 
Washington
Siuslaw Statutory Trust I (1)
 
100
%
 
Connecticut
Elements Merger Sub, LLC (1) (3)
 
100
%
 
Washington
Nickerson Street Associates, LLC (2)
 
100
%
 
Washington
Blue Star Properties, Inc. (2)
 
100
%
 
Oregon
Greater Sacramento Bancorp Statutory Trust I (1)
 
100
%
 
Delaware
Greater Sacramento Bancorp Statutory Trust II (1)
 
100
%
 
Delaware

(1) 
Wholly-owned by Banner Corporation.
(2) 
Wholly-owned by Banner Bank.
(3) Subsequent to December 31, 2015, Elements Merger Sub, LLC was merged into Banner Corporation.

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