Company: BANC-PF
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-050892
Chunk: 176

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 176
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 (reduction in) reserve for unfunded loan commitments1,000 (350)1,150 (2,000)Total provision for credit losses9,700 38,230 58,130 30,000 Loans and leases charged off:Real estate mortgage(2,455)(16,080)(24,324)(56,998)Real estate construction and land— (21,536)(21,536)— Commercial(3,052)(8,593)(21,227)(5,815)Consumer(958)(739)(2,877)(4,434)Total loans and leases charged off(6,465)(46,948)(69,964)(67,247)Recoveries on loans and leases charged off:Real estate mortgage1,602 298 2,212 2,536 Real estate construction and land1,370 — 1,370 — Commercial5,833 2,288 10,224 4,956 Consumer117 140 319 413 Total recoveries on loans and leases charged off 8,922 2,726 14,125 7,905 Net recoveries (charge-offs)2,457 (44,222)(55,839)(59,342)Balance, end of period$270,722 $258,565 $270,722 $281,916 Annualized net (recoveries) charge-offs to average loans and leases(0.04)%0.72 %0.31 %0.32 %

100

The following table presents charge-offs by loan portfolio segment, class, and subclass for the periods indicated:     Three Months EndedNine Months EndedSeptember 30,June 30,September 30,Allowance for Credit Losses Charge-offs 2025202520252024(In thousands)Real Estate Mortgage:Commercial real estate$594 $12,116 $17,411 $20,368 SBA program51 277 634 926 Hotel— — — — Total commercial real estate mortgage645 12,393 18,045 21,294 Multi-family— 3,275 3,275 — Residential mortgage720 — 849 67 Investor-owned residential930 242 1,698 34,479 Residential renovation160 170 457 1,158 Total other residential real estate1,810