Credit Quality"Credit costs continue to decline and were significantly below those of a year ago," said Grescovich. "Our bankers and loan work-out teams have done an outstanding job of enhancing our portfolio management processes and reducing non-performing assets from over $339 million three years ago to just above $50 million at the end of 2012. All of our key credit quality metrics have improved, including further improvement in the most recent quarter, while our reserve levels have remained substantial."
Banner Corporation Reports Net Income Of $14.7 Million, Or $0.69 Per Diluted Share, In Fourth Quarter; Net Income Highlighted By Record Revenue Generation And Further Improved Credit Quality
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