Company: BANC-PF
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001169770-25-000029
Chunk: 175

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 175
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333 Annualized net charge-offs to average loans and leases0.72 %0.24 %0.49 %0.45 %

97

The following table presents charge-offs by loan portfolio segment, class, and subclass for the periods indicated:     Three Months EndedSix Months EndedJune 30,March 31,June 30,Allowance for Credit Losses Charge-offs 2025202520252024(In thousands)Real Estate Mortgage:Commercial real estate$12,116 $4,701 $16,817 $20,183 SBA program277 306 583 700 Hotel— — — — Total commercial real estate mortgage12,393 5,007 17,400 20,883 Multi-family3,275 — 3,275 — Residential mortgage— 129 129 — Investor-owned residential242 526 768 34,424 Residential renovation170 127 297 1,051 Total other residential real estate412 782 1,194 35,475 Total real estate mortgage16,080 5,789 21,869 56,358 Real Estate Construction and Land:Commercial21,536 — 21,536 — Residential — — — — Total real estate construction and land21,536 — 21,536 — Total real estate37,616 5,789 43,405 56,358 Commercial:Lender finance — — — — Equipment finance— — — — Premium finance— — — — Other asset-based— — — 92 Total asset-based— — — 92 Equity fund loans— — — — Venture lending136 5,121 5,257 2,414 Total venture capital136 5,121 5,257 2,414 Secured business loans3,053 524 3,577 211 Warehouse lending— — — — Other lending5,404 3,937 9,341 1,135 Total other commercial8,457 4,461 12,918 1,346 Total commercial8,593 9,582 18,175 3,852 Consumer739 1,180 1,919 2,874 Total charge