Company: BANC-PF
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-050892
Chunk: 72

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 72
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$— $(189,761)$861,840 Agency commercial MBS52,610 — (1,046)51,564 Agency residential CMOs467,319 223 (20,911)446,631 Municipal securities602 — (8)594 Corporate debt securities289,098 — (31,386)257,712 Private label residential CMOs352,615 7 (35,712)316,910 Collateralized loan obligations278,976 469 (29)279,416 Private label commercial MBS13,585 — (1,213)12,372 Asset-backed securities15,674 — (74)15,600 SBA securities4,564 — (364)4,200 Total (1)$2,526,644 $699 $(280,504)$2,246,839 _________________________(1)    Excludes accrued interest receivable of $12.6 million at December 31, 2024 which is recorded in "Other assets" on the condensed consolidated balance sheets.As of September 30, 2025, AFS securities with a fair value of $3.4 million were pledged as collateral solely for public deposits. 

19

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

Realized Gains and Losses on Securities Available-for-SaleThe following table presents the amortized cost of AFS securities sold with related gross realized gains, gross realized losses, and net realized (losses) gains for the periods indicated:Three Months EndedNine Months EndedSeptember 30,September 30,2025202420252024(In thousands)Amortized cost of securities sold$— $741,834 $— $741,834 Gross realized losses— (59,946)— (59,946)Unrealized Losses on Securities Available-for-Sale The following tables present the gross unrealized losses and fair values of AFS securities that were in unrealized loss positions as of the dates indicated: September 30, 2025 Less Than 12 Months12 Months or MoreTotalGrossGrossGrossFairUnrealizedFairUnrealizedFairUnrealizedSecurity TypeValueLossesValueLossesValueLosses (In thousands)Agency residential MBS$—