Company: BANC-PF
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001628280-25-009438
Chunk: 494

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 1B
Chunk 494
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ed assets)Banc of California, Inc.$3,369,457 12.97%$2,078,134 8.00%8.50%Banc of California$3,671,545 14.17%$2,072,963 8.00%8.50%Total capital (to risk-weighted assets):Banc of California, Inc.$4,427,860 17.05%$2,597,668 10.00%10.50%Banc of California$4,315,098 16.65%$2,591,204 10.00%10.50%

197

BANC OF CALIFORNIA, INC. AND SUBSIDIARIESNotes to Consolidated Financial Statements

Well CapitalizedCapitalMinimumConservationActualRequirementBufferBalanceRatioBalanceRatioRequirement(Dollars in thousands)December 31, 2023Tier I leverage capital (to average assets):Banc of California, Inc.$3,402,044 9.00%$1,889,775 5.00%N/ABanc of California$3,617,643 9.62%$1,880,850 5.00%N/ACET1 capital (to risk-weighted assets):Banc of California, Inc.$2,772,528 10.14%$1,777,025 6.50%7.00%Banc of California$3,617,643 13.27%$1,772,549 6.50%7.00%Tier I capital (to risk-weighted assets)Banc of California, Inc.$3,402,044 12.44%$2,187,108 8.00%8.50%Banc of California$3,617,643 13.27%$2,181,599 8.00%8.50%Total capital (to risk-weighted assets):Banc of California, Inc.$4,490,493 16.43%$2,733,885 10.00%10.50%Banc of California$4,295,821 15.75%$2,726,998 10.00%10.50%We issued or assumed through mergers subordinated debt to trusts that were established by us or entities we acquired, which, in turn, issued trust preferred securities. On April 30, 2021, the Bank