Company: BANC-PF
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-050892
Chunk: 182

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 182
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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 estate mortgage classified loans, $66.4 million in asset-based classified loans, $48.0 million in venture capital classified loans, and $19.0 million in other residential real estate mortgage classified loans.

Special mention loans and leases decreased by $591.3 million to $506.0 million at September 30, 2025 compared to $1.1 billion at December 31, 2024, due mainly to decreases of $238.1 million in commercial real estate mortgage special mention loans, largely driven by credit migration out of the category as well as loans sold or transferred to held for sale in connection with the strategic loan sales process, $194.9 million in residential real estate construction and land special mention loans, primarily due to credit migration, $66.6 million in commercial real estate construction and land special mention loans, $49.3 million in multi-family real