Company: BANC-PF
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001169770-25-000029
Chunk: 154

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 154
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,716 33,003 2.47 %Savings 1,959,987 12,777 2.61 %1,948,649 12,857 2.68 %Time 4,569,490 45,671 4.01 %4,498,268 46,791 4.22 %Total interest‑bearing deposits19,721,040 144,940 2.95 %19,206,084 140,530 2.97 %Borrowings1,628,584 20,021 4.93 %1,397,720 18,421 5.34 %Subordinated debt946,740 15,332 6.50 %942,817 15,340 6.60 %Total interest‑bearing liabilities22,296,364 180,293 3.24 %21,546,621 174,291 3.28 %Noninterest‑bearing demand deposits7,583,894 7,714,830 Other liabilities453,748 522,753 Total liabilities30,334,006 29,784,204 Stockholders’ equity3,430,143 3,524,181 Total liabilities and stockholders' equity$33,764,149 $33,308,385 Net interest income $240,216 $232,364 Net interest rate spread 2.18 %2.11 %Net interest margin 3.10 %3.08 %Total deposits (2)$27,304,934 $144,940 2.13 %$26,920,914 $140,530 2.12 %Total funds (3)$29,880,258 $180,293 2.42 %$29,261,451 $174,291 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 $16.1 million and $16.0 million for the three months ended June 30, 2025 and March 31, 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