love the colour scheme, great painting of the mini. only thing i would suggest is maybe some darker shades on her face, to give more facial expression. re: the banner, it's great painting and the images and well done, but it looks more american indian that wood elf. love the work on the staff of the banner though!
I actually dislike the banner. The images are well rendered, but they don't seem to fit the wood elves' character to me, and they don't make that much sense as banner images for an army to rally behind. Not knockin' your paint style. But I think a banner would look better with images designed as "banner images".