Company: BANC-PF
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-050892
Chunk: 156

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 156
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569,490 45,671 4.01 %Total interest‑bearing deposits19,608,906 143,074 2.89 %19,721,040 144,940 2.95 %Borrowings1,705,697 20,461 4.76 %1,628,584 20,021 4.93 %Subordinated debt949,690 15,562 6.50 %946,740 15,332 6.50 %Total interest‑bearing liabilities22,264,293 179,097 3.19 %22,296,364 180,293 3.24 %Noninterest‑bearing demand deposits7,683,136 7,583,894 Other liabilities446,453 453,748 Total liabilities30,393,882 30,334,006 Stockholders’ equity3,437,335 3,430,143 Total liabilities and stockholders' equity$33,831,217 $33,764,149 Net interest income $253,444 $240,216 Net interest rate spread 2.31 %2.18 %Net interest margin 3.22 %3.10 %Total deposits (2)$27,292,042 $143,074 2.08 %$27,304,934 $144,940 2.13 %Total funds (3)$29,947,429 $179,097 2.37 %$29,880,258 $180,293 2.42 %

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(1)    Total loans are net of deferred fees, related direct costs, and premiums and discounts, but exclude the allowance for loan losses. Includes net loan discount accretion of $19.3 million and $16.1 million for the three months ended September 30, 2025 and June 30, 2025.

(2)    Total deposits is the sum of interest-bearing deposits and noninterest-bearing demand deposits. The cost of total deposits is calculated as annualized interest expense on total deposits divided by average total deposits. 

(3)    Total funds is the sum of total interest-bearing liabilities and noninterest-bearing demand deposits. The cost of total funds is calculated as annualized total interest expense divided by average total funds.

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Nine Months EndedSeptember 30, 2025September