my new Banan Republic Bag

That's a nice one. I like their bags. I have a tote from their first "designer-ish" collection and still get tons of compliments on it every time I wear it out.
 
I just bought a BR bag myself- the leather seems nice and durable. I don't often find a style I like, but usually there is at least one every other season or so! Congrats on your new find!