Placing a banner in certain locations consistently causes a BSOD every time it is done. Here is the world in question that I was playing on and below is a screenshot of the exact location to place the banner in order to cause the BSOD. Below the location is the exact banners I was in the process of using. This has also occurred on several other worlds.

I am confident that this bug is reproducible and hope that it can be fixed at short notice. Good luck!

UPDATE - The bug only happens with banners that were directly acquired from a loom after adding a few patterns.