Company: BANC-PF
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-050892
Chunk: 40

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 2
Chunk 40
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 a result of loan repayments and downgrades or upgrades from our ongoing active portfolio management. 

The following table presents the classified and special mention credit risk rating categories for loans and leases held for investment by loan portfolio segment and class and the related net changes as of the dates indicated:

September 30, 2025December 31, 2024Increase (Decrease)Special Special Special ClassifiedMentionClassifiedMentionClassifiedMention(In thousands)Real estate mortgage:Commercial$298,208 $109,921 $301,278 $348,014 $(3,070)$(238,093)Multi-family182,431 153,360 113,164 202,690 69,267 (49,330)Other residential66,944 — 47,993 14,351 18,951 (14,351)Total real estate mortgage547,583 263,281 462,435 565,055 85,148 (301,774)Real estate construction and land:Commercial— 81,400 — 148,024 — (66,624)Residential2,985 8,276 — 203,220 2,985 (194,944)Total real estate construction and land2,985 89,676 — 351,244 2,985 (261,568)Commercial:Asset-based71,377 7,143 5,003 9,547 66,374 (2,404)Venture capital123,392 103,725 75,406 125,320 47,986 (21,595)Other commercial16,865 36,466 19,949 38,741 (3,084)(2,275)Total commercial211,634 147,334 100,358 173,608 111,276 (26,274)Consumer1,380 5,688 709 7,408 671 (1,720)Total$763,582 $505,979 $563,502 $1,097,315 $200,080 $(591,336)    

Classified loans and leases increased by $200.1 million to $763.6 million at September 30, 2025 compared to $563.5 million at December 31, 2024, due mainly to increases of $69.3 million in multi-family real