Company: BANC-PF
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001628280-25-009438
Chunk: 375

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 1B
Chunk 375
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635 Service charges on deposit accounts18,583 16,468 13,991 Gain (loss) on sale of loans and leases645 (161,346)518 Loss on sale of securities(60,400)(442,413)(50,321)Dividends and gains (losses) on equity investments7,982 15,731 (3,389)Warrant income (loss)408 (718)2,490 LOCOM HFS adjustment215 (8,461)— Other income25,345 31,201 17,317 Total noninterest income (loss)77,145 (448,285)74,827 Noninterest expense:Compensation341,396 332,353 406,839 Insurance and assessments70,779 135,666 25,486 Customer related expense129,471 124,104 55,273 Occupancy67,993 61,668 60,964 Information technology and data processing60,418 51,805 45,796 Leased equipment depreciation29,271 34,243 35,658 Other professional services20,857 24,623 30,278 Loan expense17,306 20,458 24,572 Intangible asset amortization33,143 11,419 13,576 Acquisition, integration and reorganization costs(14,183)142,633 5,703 Goodwill impairment— 1,376,736 29,000 Other expense35,289 142,473 40,376 Total noninterest expense791,740 2,458,181 773,521 Earnings (loss) before income taxes168,654 (2,211,338)567,568 Income tax expense (benefit)41,766 (312,201)143,955 Net earnings (loss)126,888 (1,899,137)423,613 Preferred stock dividends39,788 39,788 19,339 Net earnings (loss) available to common and equivalent stockholders$87,100 $(1,938,925)$404,274 Earnings (loss) per share:Basic$0.52 $(22.71)$5.14 Diluted$0.52 $(22.71)$5.14 

See accompanying Notes to Consolidated Financial Statements. 

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