Company: BANC-PF
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001169770-25-000029
Chunk: 131

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 131
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," for the periods indicated. As illustrated here, substantially all of our revenue is specifically excluded from the scope of ASC Topic 606.Three Months Ended June 30,20252024TotalRevenue fromTotalRevenue fromRecordedContracts withRecordedContracts withRevenueCustomersRevenueCustomers(In thousands)Total Interest Income$420,509 $— $462,589 $— Noninterest Income:   Service charges on deposit accounts4,456 4,456 4,540 4,540    Commissions and fees9,641 4,594 8,629 4,403    Leased equipment income10,231 — 11,487 —    Gain on sale of loans30 — 1,135 —    Dividends and (losses) gains on equity investments(114)— 1,166 —    Warrant income (loss)1,227 — (324)— LOCOM HFS adjustment(9)— (38)—    Other income7,171 259 3,197 133       Total noninterest income 32,633 9,309 29,792 9,076 Total Revenue$453,142 $9,309 $492,381 $9,076 The following table presents revenue from contracts with customers based on the timing of revenue recognition for the periods indicated:  Three Months EndedJune 30,20252024(In thousands)Products and services transferred at a point in time$3,698 $4,203 Products and services transferred over time5,611 4,873 Total revenue from contracts with customers$9,309 $9,076 

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BANC OF CALIFORNIA, INC. AND SUBSIDIARIESNotes to Condensed Consolidated Financial Statements (Unaudited)

Six Months Ended June 30,20252024TotalRevenue fromTotalRevenue fromRecordedContracts withRecordedContracts withRevenueCustomersRevenueCustomers(In thousands)Total Interest Income$827,164 $— $941,293 $— Noninterest Income:   Service charges on deposit accounts8,999 8,999 9,245 9,245    Commissions and fees19,599 9,997 16,771 9,386    Leased equipment income21,015 — 23,203 —    Gain on sale of loans241 —