Company: BANC-PF
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-050892
Chunk: 108

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 108
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coveries8,922 — 8,922 Net recoveries2,457 — 2,457 Provision8,700 1,000 9,700 Balance, end of period$240,501 $30,221 $270,722 Nine Months EndedSeptember 30, 2025Allowance for Reserve forTotalLoan and Unfunded LoanAllowance for Lease LossesCommitmentsCredit Losses(In thousands)Balance, beginning of period $239,360 $29,071 $268,431 Charge-offs(69,964)— (69,964)Recoveries14,125 — 14,125 Net charge-offs(55,839)— (55,839)Provision56,980 1,150 58,130 Balance, end of period$240,501 $30,221 $270,722 

47

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

Three Months EndedSeptember 30, 2024Allowance forReserve forTotalLoan andUnfunded LoanAllowance forLease LossesCommitmentsCredit Losses(In thousands)Balance, beginning of period$247,762 $27,571 $275,333 Charge-offs(4,163)— (4,163)Recoveries1,746 — 1,746 Net charge-offs(2,417)— (2,417)Provision9,000 — 9,000 Balance, end of period$254,345 $27,571 $281,916 Nine Months EndedSeptember 30, 2024Allowance for Reserve forTotalLoan and Unfunded LoanAllowance for Lease LossesCommitmentsCredit Losses(In thousands)Balance, beginning of period$281,687 $29,571 $311,258 Charge-offs(67,247)— (67,247)Recoveries7,905 — 7,905 Net charge-offs(59,342)— (59,342)Provision 32,000 (2,000)30,000 Balance, end of period$254,345 $27,571 $281,916 

48

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