Company: BANC-PF
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-050892
Chunk: 184

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 184
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28%, of total deposits, and interest-bearing deposits totaled $19.6 billion, or 72%, of total deposits, compared to noninterest-bearing deposits of $7.7 billion, or 28% of total deposits, and interest-bearing deposits of $19.5 billion, or 72% of total deposits, at December 31, 2024.

As of September 30, 2025, FDIC-insured deposits represented approximately 70% of total deposits, including accounts eligible for pass-through insurance, down from 72% as of December 31, 2024. Available liquidity (on-balance sheet liquidity plus unused borrowing capacity and unpledged AFS securities) was $14.8 billion at September 30, 2025, which exceeded uninsured and uncollateralized deposits of $7.6 billion, with a coverage ratio of 194% as compared to a coverage ratio of 221% at December 31, 2024. Available liquidity also represented 54% of total deposits at September 30, 2025. 

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The following table summarizes the maturities of time deposits as of the date indicated:

Time Deposits$250,000OverSeptember 30, 2025and Under$250,000Total (In thousands)Maturities:Due in three months or less$923,700 $306,730 $1,230,430 Due in over three months through six months812,165 432,958 1,245,123 Due in over six months through 12 months1,157,424 318,065 1,475,489 Total due within 12 months2,893,289 1,057,753 3,951,042 Due in over 12 months through 24 months671,181 91,808 762,989 Due in over 24 months6,202 6,287 12,489 Total due over twelve months677,383 98,095 775,478 Total $3,570,672 $1,155,848 $4,726,520 

Client Investment Funds

In addition to deposit products, we also offer alternative, non-depository corporate treasury solutions for clients to invest excess liquidity. These off-balance sheet client funds totaled $1.1 billion at September 30, 2025 and 1.5 billion at December 31, 2024.

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