The content of "Our Newest Album Ever!" continues several topical threads that the band had begun to explore on their debut album. "Banner Year" takes on the thread of historical mistreatment of Native Americans. Specifically, it references the Sand Creek massacre of 1864, which was an attack led by Colonel John Chivington against an encampment under chief Black Kettle. According to Reese Roper, the song contains a hidden meaning—Black Kettle waved the American Flag which couldn't save him, Christians fall under God's banner, and in Him they find salvation.