Company: BANC-PF
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001628280-25-009438
Chunk: 82

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 82
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Restricted stock awarded and earned stock compensation, net of shares forfeited— (1)— — 15,449 — — 15,448 Restricted stock surrendered— — — — (2,708)— — (2,708)Shares purchased under theDividend Reinvestment Plan— — — — 308 — — 308Cash dividends paid: Preferred stock, $1.9380/share— — — — — (39,788)— (39,788)Common stock, $0.40/share— — — — (68,298)— — (68,298)Balance, December 31, 2024$498,516 $1,586 $5 $98 $3,785,725 $(431,201)$(354,780)$3,499,949 

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(1)    Dividends per share amounts prior to November 30, 2023 have been restated as a result of the restatement of common stock outstanding being multiplied by the exchange ratio of 0.6569.

See accompanying Notes to Consolidated Financial Statements.

115

BANC OF CALIFORNIA, INC. AND SUBSIDIARIES 

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY

Non-VotingCommon StockCommon PreferredClass BStockStockVotingNon-VotingEquivalents(In ones)Number of shares, December 31, 2021— 78,555,290 — —    Restricted stock awarded and earned stock      compensation, net of shares forfeited— 587,731 — —    Restricted stock surrendered— (169,152)— —    Issuance of preferred stock513,250 — — — Number of shares, December 31, 2022513,250 78,973,869 — —    Restricted stock awarded and earned stock      compensation, net of shares forfeited— 55,422 — —    Restricted stock surrendered— (230,773)— —    Issuance of stock for merger with PacWest Bancorp— 57,157,632 477,321 —    Shares issued in capital raise— 21,690,334 — 10,829,990 Shares purchased