Aloha David!
First, a small correction. Although people call it a banana tree, it's not truly a tree. Just so you're aware of that. So expect the "tree" to die once it produces a bunch of bananas. But don't worry, it
should have already sent up a replacement sucker before it dies back.
Here in Hawaii, the bananas grown for eating don't produce seeds. Thus we propagate them from suckers. There are plenty of banana varieties that do produce seeds, but because the seed dominates the fruit, they are only grown as ornamentals. Occasionally I've heard of someone finding a seed in their edible banana, but I haven't found one in my own bananas on my farm. I've got hundreds of banana
trees growing here.
How long will it take before your banana flowers? I really don't know because I've never grown one from seed. When I transplant a partially grown sucker, it takes around 12 months. A lot depends upon the amount of water and nutrients the tree gets, what the air and ground temperature is, and the humidity. When conditions aren't ideal, I've seen trees sit there for a few years before flowering. Once it flowers, it takes my trees 3-4 months before I can harvest the bunch.