diff --git a/modules/oe_theme_paragraphs_banner/config/install/core.entity_form_display.paragraph.oe_banner.oe_banner_simple.yml b/modules/oe_theme_paragraphs_banner/config/install/core.entity_form_display.paragraph.oe_banner.oe_banner_simple.yml
new file mode 100644
index 000000000..42b66c04c
--- /dev/null
+++ b/modules/oe_theme_paragraphs_banner/config/install/core.entity_form_display.paragraph.oe_banner.oe_banner_simple.yml
@@ -0,0 +1,84 @@
+langcode: en
+status: true
+dependencies:
+  config:
+    - core.entity_form_mode.paragraph.oe_banner_simple
+    - field.field.paragraph.oe_banner.field_oe_banner_alignment
+    - field.field.paragraph.oe_banner.field_oe_banner_full_width
+    - field.field.paragraph.oe_banner.field_oe_banner_size
+    - field.field.paragraph.oe_banner.field_oe_banner_type
+    - field.field.paragraph.oe_banner.field_oe_link
+    - field.field.paragraph.oe_banner.field_oe_media
+    - field.field.paragraph.oe_banner.field_oe_text
+    - field.field.paragraph.oe_banner.field_oe_title
+    - paragraphs.paragraphs_type.oe_banner
+  module:
+    - link
+id: paragraph.oe_banner.oe_banner_simple
+targetEntityType: paragraph
+bundle: oe_banner
+mode: oe_banner_simple
+content:
+  field_oe_banner_alignment:
+    type: options_select
+    weight: 3
+    region: content
+    settings: {  }
+    third_party_settings: {  }
+  field_oe_banner_full_width:
+    type: boolean_checkbox
+    weight: 0
+    region: content
+    settings:
+      display_label: true
+    third_party_settings: {  }
+  field_oe_banner_size:
+    type: options_select
+    weight: 2
+    region: content
+    settings: {  }
+    third_party_settings: {  }
+  field_oe_link:
+    type: link_default
+    weight: 5
+    region: content
+    settings:
+      placeholder_url: ''
+      placeholder_title: ''
+    third_party_settings: {  }
+  field_oe_media:
+    type: entity_reference_autocomplete
+    weight: 6
+    region: content
+    settings:
+      match_operator: CONTAINS
+      match_limit: 10
+      size: 60
+      placeholder: ''
+    third_party_settings: {  }
+  field_oe_text:
+    type: string_textfield
+    weight: 4
+    region: content
+    settings:
+      size: 60
+      placeholder: ''
+    third_party_settings: {  }
+  field_oe_title:
+    type: string_textfield
+    weight: 1
+    region: content
+    settings:
+      size: 60
+      placeholder: ''
+    third_party_settings: {  }
+  translation:
+    weight: 7
+    region: content
+    settings: {  }
+    third_party_settings: {  }
+hidden:
+  created: true
+  field_oe_banner_type: true
+  status: true
+
diff --git a/modules/oe_theme_paragraphs_banner/config/install/core.entity_form_mode.paragraph.oe_banner_simple.yml b/modules/oe_theme_paragraphs_banner/config/install/core.entity_form_mode.paragraph.oe_banner_simple.yml
new file mode 100644
index 000000000..882ab0b0d
--- /dev/null
+++ b/modules/oe_theme_paragraphs_banner/config/install/core.entity_form_mode.paragraph.oe_banner_simple.yml
@@ -0,0 +1,11 @@
+langcode: en
+status: true
+dependencies:
+  module:
+    - paragraphs
+id: paragraph.oe_banner_simple
+label: 'Simple banner'
+description: ''
+targetEntityType: paragraph
+cache: true
+
diff --git a/modules/oe_theme_paragraphs_banner/config/post_updates/00001_simple_banner/core.entity_form_display.paragraph.oe_banner.oe_banner_simple.yml b/modules/oe_theme_paragraphs_banner/config/post_updates/00001_simple_banner/core.entity_form_display.paragraph.oe_banner.oe_banner_simple.yml
new file mode 100644
index 000000000..42b66c04c
--- /dev/null
+++ b/modules/oe_theme_paragraphs_banner/config/post_updates/00001_simple_banner/core.entity_form_display.paragraph.oe_banner.oe_banner_simple.yml
@@ -0,0 +1,84 @@
+langcode: en
+status: true
+dependencies:
+  config:
+    - core.entity_form_mode.paragraph.oe_banner_simple
+    - field.field.paragraph.oe_banner.field_oe_banner_alignment
+    - field.field.paragraph.oe_banner.field_oe_banner_full_width
+    - field.field.paragraph.oe_banner.field_oe_banner_size
+    - field.field.paragraph.oe_banner.field_oe_banner_type
+    - field.field.paragraph.oe_banner.field_oe_link
+    - field.field.paragraph.oe_banner.field_oe_media
+    - field.field.paragraph.oe_banner.field_oe_text
+    - field.field.paragraph.oe_banner.field_oe_title
+    - paragraphs.paragraphs_type.oe_banner
+  module:
+    - link
+id: paragraph.oe_banner.oe_banner_simple
+targetEntityType: paragraph
+bundle: oe_banner
+mode: oe_banner_simple
+content:
+  field_oe_banner_alignment:
+    type: options_select
+    weight: 3
+    region: content
+    settings: {  }
+    third_party_settings: {  }
+  field_oe_banner_full_width:
+    type: boolean_checkbox
+    weight: 0
+    region: content
+    settings:
+      display_label: true
+    third_party_settings: {  }
+  field_oe_banner_size:
+    type: options_select
+    weight: 2
+    region: content
+    settings: {  }
+    third_party_settings: {  }
+  field_oe_link:
+    type: link_default
+    weight: 5
+    region: content
+    settings:
+      placeholder_url: ''
+      placeholder_title: ''
+    third_party_settings: {  }
+  field_oe_media:
+    type: entity_reference_autocomplete
+    weight: 6
+    region: content
+    settings:
+      match_operator: CONTAINS
+      match_limit: 10
+      size: 60
+      placeholder: ''
+    third_party_settings: {  }
+  field_oe_text:
+    type: string_textfield
+    weight: 4
+    region: content
+    settings:
+      size: 60
+      placeholder: ''
+    third_party_settings: {  }
+  field_oe_title:
+    type: string_textfield
+    weight: 1
+    region: content
+    settings:
+      size: 60
+      placeholder: ''
+    third_party_settings: {  }
+  translation:
+    weight: 7
+    region: content
+    settings: {  }
+    third_party_settings: {  }
+hidden:
+  created: true
+  field_oe_banner_type: true
+  status: true
+
diff --git a/modules/oe_theme_paragraphs_banner/config/post_updates/00001_simple_banner/core.entity_form_mode.paragraph.oe_banner_simple.yml b/modules/oe_theme_paragraphs_banner/config/post_updates/00001_simple_banner/core.entity_form_mode.paragraph.oe_banner_simple.yml
new file mode 100644
index 000000000..882ab0b0d
--- /dev/null
+++ b/modules/oe_theme_paragraphs_banner/config/post_updates/00001_simple_banner/core.entity_form_mode.paragraph.oe_banner_simple.yml
@@ -0,0 +1,11 @@
+langcode: en
+status: true
+dependencies:
+  module:
+    - paragraphs
+id: paragraph.oe_banner_simple
+label: 'Simple banner'
+description: ''
+targetEntityType: paragraph
+cache: true
+
diff --git a/modules/oe_theme_paragraphs_banner/oe_theme_paragraphs_banner.install b/modules/oe_theme_paragraphs_banner/oe_theme_paragraphs_banner.install
index bfc188737..4526f3adb 100644
--- a/modules/oe_theme_paragraphs_banner/oe_theme_paragraphs_banner.install
+++ b/modules/oe_theme_paragraphs_banner/oe_theme_paragraphs_banner.install
@@ -20,9 +20,9 @@ function oe_theme_paragraphs_banner_install($is_syncing) {
     return;
   }
   $form_modes_labels = [
-    'paragraph.oe_banner_primary' => 'Plain background banner',
-    'paragraph.oe_banner_image' => 'Text box banner',
-    'paragraph.oe_banner_image_shade' => 'Image overlay banner',
+    'paragraph.oe_banner_primary' => 'Plain background',
+    'paragraph.oe_banner_image' => 'Text box',
+    'paragraph.oe_banner_image_shade' => 'Text overlay',
   ];
   foreach ($form_modes_labels as $id => $label) {
     $form_mode = EntityFormMode::load($id);
diff --git a/modules/oe_theme_paragraphs_banner/oe_theme_paragraphs_banner.post_update.php b/modules/oe_theme_paragraphs_banner/oe_theme_paragraphs_banner.post_update.php
new file mode 100644
index 000000000..e1a81c6e6
--- /dev/null
+++ b/modules/oe_theme_paragraphs_banner/oe_theme_paragraphs_banner.post_update.php
@@ -0,0 +1,38 @@
+<?php
+
+/**
+ * @file
+ * The OE Theme Paragraphs Banner post updates.
+ */
+
+declare(strict_types=1);
+
+use Drupal\Component\Utility\Crypt;
+use Drupal\Core\Config\FileStorage;
+use Drupal\Core\Entity\Entity\EntityFormDisplay;
+use Drupal\Core\Entity\Entity\EntityFormMode;
+
+/**
+ * Update Banner paragraph form displays.
+ */
+function oe_theme_paragraphs_banner_post_update_00001(): void {
+  // Update the oe_banner_image_shade form mode's label.
+  $form_mode = EntityFormMode::load('paragraph.oe_banner_image_shade');
+  $form_mode->set('label', 'Text overlay');
+  $form_mode->save();
+
+  // Create the simple banner form mode and form display.
+  $file_storage = new FileStorage(\Drupal::service('extension.list.module')->getPath('oe_theme_paragraphs_banner') . '/config/post_updates/00001_simple_banner');
+  $simple_banner = EntityFormMode::load('paragraph.oe_banner_simple');
+  if (!$simple_banner) {
+    $form_mode_values = $file_storage->read('core.entity_form_mode.paragraph.oe_banner_simple');
+    $form_mode_values['_core']['default_config_hash'] = Crypt::hashBase64(serialize($form_mode_values));
+    EntityFormMode::create($form_mode_values)->save();
+  }
+  $simple_banner = EntityFormDisplay::load('paragraph.oe_banner.oe_banner_simple');
+  if (!$simple_banner) {
+    $form_display_values = $file_storage->read('core.entity_form_display.paragraph.oe_banner.oe_banner_simple');
+    $form_display_values['_core']['default_config_hash'] = Crypt::hashBase64(serialize($form_display_values));
+    EntityFormDisplay::create($form_display_values)->save();
+  }
+}