Company: BANC-PF
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001169770-25-000029
Chunk: 72

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 72
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    Excludes accrued interest receivable of $12.6 million at December 31, 2024 which is recorded in "Other assets" on the condensed consolidated balance sheets.As of June 30, 2025, AFS securities with a fair value of $3.9 million were pledged as collateral solely for public deposits. 

17

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

Realized Gains and Losses on Securities Available-for-SaleThe were no sales of AFS securities for the three months and six months ended June 30, 2025 and 2024.Unrealized Losses on Securities Available-for-Sale The following tables present the gross unrealized losses and fair values of AFS securities that were in unrealized loss positions as of the dates indicated: June 30, 2025 Less Than 12 Months12 Months or MoreTotalGrossGrossGrossFairUnrealizedFairUnrealizedFairUnrealizedSecurity TypeValueLossesValueLossesValueLosses (In thousands)Agency residential MBS$— $— $849,865 $(163,213)$849,865 $(163,213)Agency commercial MBS31,214 (51)10,863 (1,252)42,077 (1,303)Agency residential CMOs8,568 (9)102,714 (17,596)111,282 (17,605)Corporate debt securities3,736 (14)243,805 (23,006)247,541 (23,020)Private label residential CMOs77,300 (92)127,704 (30,908)205,004 (31,000)Collateralized loan obligations38,590 (183)— — 38,590 (183)Private label commercial MBS— — 10,624 (945)10,624 (945)Asset-backed securities— — 14,402 (44)14,402 (44)SBA securities— — 3,899 (224)3,899 (224)Total$159,408 $(349)$1,363,876 $(237,188)$1,523,284 $(237,537)December 31, 2024 Less Than 12 Months12 Months or