Company: BANC-PF
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-050892
Chunk: 132

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 132
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 amounts which are from contracts with customers within the scope of ASC Topic 606, "Revenue from Contracts with Customers," for the periods indicated. As illustrated here, substantially all of our revenue is specifically excluded from the scope of ASC Topic 606.Three Months Ended September 30,20252024TotalRevenue fromTotalRevenue fromRecordedContracts withRecordedContracts withRevenueCustomersRevenueCustomers(In thousands)Total Interest Income$432,541 $— $446,893 $— Noninterest Income:   Service charges on deposit accounts5,109 5,109 4,568 4,568    Commissions and fees9,514 4,605 8,256 4,322    Leased equipment income10,321 — 17,176 —    Loss on sale of loans(374)— (62)—    Loss on sale of securities— — (59,946)—    Dividends and gains on equity investments2,291 — 3,730 —    Warrant income 433 — 211 — LOCOM HFS adjustment— — (74)—    Other income6,991 54 10,689 170       Total noninterest income (loss)34,285 9,768 (15,452)9,060 Total Revenue$466,826 $9,768 $431,441 $9,060 The following table presents revenue from contracts with customers based on the timing of revenue recognition for the periods indicated:  Three Months EndedSeptember 30,20252024(In thousands)Products and services transferred at a point in time$3,802 $4,012 Products and services transferred over time5,966 5,048 Total revenue from contracts with customers$9,768 $9,060 

68

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

Nine Months Ended September 30,20252024TotalRevenue fromTotalRevenue fromRecordedContracts withRecordedContracts withRevenueCustomersRevenueCustomers(In thousands)Total Interest Income$1,259,705 $— $1,388,186 $— Noninterest Income:   Service charges on deposit accounts14,108 14,108 13,813 13,813    Commissions and fees29,113 14,