Company: BANC-PF
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001169770-25-000024
Chunk: 73

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 8
Chunk 73
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ateralized loan obligations— — 136,918 106,567 243,485 Private label commercial MBS— — 580 11,953 12,533 Asset-backed securities— — — 15,238 15,238 SBA securities— — 4,123 — 4,123 Total$— $48,061 $447,847 $2,079,485 $2,575,393 

17

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

March 31, 2025Due AfterDue AfterDueOne YearFive YearsDueWithinThroughThroughAfterSecurity TypeOne YearFive YearsTen YearsTen YearsTotal(In thousands)Fair Value:Agency residential MBS$— $— $— $867,042 $867,042 Agency commercial MBS— 39,928 9,983 11,293 61,204 Agency residential CMOs— — 14,775 550,293 565,068 Municipal securities— 597 — — 597 Corporate debt securities— 7,354 256,049 — 263,403 Private label residential CMOs— — — 303,327 303,327 Collateralized loan obligations— — 136,471 106,414 242,885 Private label commercial MBS— — 571 10,875 11,446 Asset-backed securities— — — 15,224 15,224 SBA securities— — 3,862 — 3,862 Total$— $47,879 $421,711 $1,864,468 $2,334,058 CMBS, CMOs, and MBS have contractual maturity dates, but require periodic payments based upon scheduled amortization terms. Actual principal collections on these securities usually occur more rapidly than the scheduled amortization terms because of prepayments made by obligors of the underlying loan collateral. Securities Held-to-MaturityThe following tables present amortized cost, allowance for credit losses, gross unrealized gains and losses, and fair values of HTM securities as of the dates indicated: March 31, 2025AllowanceforNetGrossGrossAmortizedCreditCarryingUnrealizedUn