According to the bands Myspace page, Banner Pilot has set dates to start recording a new album and release this Fall. Bassist Nate had this to say in their latest blog:

So we're in the process of writing the next album. We've got 10 or 11 songs now, at varying degrees of completion, and i have one more that's basically just a demo on my computer with drum machine drums and stuff. We're hoping to record in late January or February, but we'll see. The end result will be 12 new songs.

The band released Resignation Day in 2008