Company: BANC-PF
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-050892
Chunk: 38

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 2
Chunk 38
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4.61 %Allowance for credit losses to nonaccrual loans and leases held for investment155.1 %141.6 %

103

Nonaccrual Loans and Leases Held for Investment

The following table presents our nonaccrual loans and leases held for investment and accruing loans and leases past due between 30 and 89 days by loan portfolio segment and class as of the dates indicated:

September 30, 2025December 31, 2024Increase (Decrease)Accruing AccruingAccruingand 30-89and 30-89and 30-89Days PastDays Past Days Past NonaccrualDueNonaccrualDueNonaccrualDue(In thousands)Real estate mortgage:Commercial$99,103 $1,822 $97,655 $— $1,448 $1,822 Multi-family841 — 22,763 9,442 (21,922)(9,442)Other residential66,866 39,962 46,788 34,417 20,078 5,545 Total real estate mortgage166,810 41,784 167,206 43,859 (396)(2,075)Real estate construction and land:Commercial— — — — — — Residential— — — — — — Total real estate construction and land— — — — — — Commercial:Asset-based103 — 1,940 1,795 (1,837)(1,795)Venture capital— — 6,291 — (6,291)— Other commercial6,676 897 13,544 2,331 (6,868)(1,434)Total commercial6,779 897 21,775 4,126 (14,996)(3,229)Consumer952 2,733 624 2,804 328 (71)Total held for investment$174,541 $45,414 $189,605 $50,789 $(15,064)$(5,375)

Nonperforming loans and leases held for investment decreased by $15.1 million to $174.5 million at September 30, 2025 compared to $189.6 million at December 31, 2024, due mainly to principal and