Company: BANC-PF
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001169770-25-000024
Chunk: 26

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 2
Chunk 26
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 %2,373,162 10 %Total real estate construction and land (1)2,861,038 12 %3,172,293 13 %Total real estate 16,353,696 68 %16,599,952 70 %Commercial:Lender finance 954,294 4 %727,913 3 %Equipment finance626,020 2 %621,888 3 %Premium finance517,761 2 %546,393 2 %Other asset-based207,250 1 %191,775 1 %Total asset-based2,305,325 9 %2,087,969 9 %Equity fund loans955,981 4 %746,655 3 %Venture lending777,093 3 %791,121 3 %Total venture capital1,733,074 7 %1,537,776 6 %Secured business loans816,196 3 %756,612 3 %Warehouse lending1,601,143 7 %1,473,074 6 %Other lending923,061 4 %923,398 4 %Total other commercial3,340,400 14 %3,153,084 13 %Total commercial7,378,799 30 %6,778,829 28 %Consumer394,032 2 %402,882 2 %Total loans and leases held for investment$24,126,527 100 %$23,781,663 100 %Total unfunded loan commitments$4,858,960 $4,887,690 

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(1)    Includes land and acquisition and development loans of $221.4 million at March 31, 2025 and $223.9 million at December 31, 2024.

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Total loans and leases held for investment increased by $344.9 million in the first quarter and totaled $24.1 billion at March 31, 2025 compared to $23.8 billion at December 31, 2024. The increase in loans and leases held for investment was due primarily to increased balances in the asset-based, venture capital, other commercial, and multi-family loan portfolios, offset partially by a decrease in the real estate construction and land loan segment, and the commercial real estate mortgage and other