Company: BANC-PF
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-050892
Chunk: 71

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 71
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 behalf of our customers. As of September 30, 2025 and December 31, 2024, the balance of such restricted cash totaled $39.8 million and $59.3 million.

18

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

NOTE 3. INVESTMENT SECURITIES     

Securities Available-for-Sale The following tables present amortized cost, gross unrealized gains and losses, and fair values of AFS securities as of the dates indicated: September 30, 2025AllowanceGrossGrossAmortizedfor CreditNet CarryingUnrealizedUnrealizedFairSecurity TypeCostLossesAmountGainsLossesValue (In thousands)Agency residential MBS$991,290 $— $991,290 $— $(147,135)$844,155 Agency commercial MBS52,012 — 52,012 51 (1,181)50,882 Agency residential CMOs794,497 — 794,497 3,756 (16,271)781,982 Corporate debt securities276,498 (775)275,723 640 (19,415)256,948 Private label residential CMOs286,280 — 286,280 526 (28,113)258,693 Collateralized loan obligations205,993 — 205,993 553 (72)206,474 Private label commercial MBS10,681 — 10,681 — (407)10,274 Asset-backed securities13,875 — 13,875 7 — 13,882 SBA securities3,635 — 3,635 — (191)3,444 Total (1)$2,634,761 $(775)$2,633,986 $5,533 $(212,785)$2,426,734 _________________________(1)    Excludes accrued interest receivable of $12.2 million at September 30, 2025 which is recorded in "Other assets" on the condensed consolidated balance sheets. December 31, 2024GrossGrossAmortizedUnrealizedUnrealizedFairSecurity TypeCostGainsLossesValue (In thousands)Agency residential MBS$1,051,601