Company: BANC-PF
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001628280-25-009438
Chunk: 377

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 1B
Chunk 377
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 on cash flow hedges, net of tax3,473 (4,057)— Other comprehensive income (loss), net of tax77,334 358,789 (856,871)Comprehensive income (loss) $204,222 $(1,540,348)$(433,258)

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(1)    Entire amount recognized in "(Loss) gain on sale of securities" on the Consolidated Statements of Earnings (Loss). 

See accompanying Notes to Consolidated Financial Statements.  

114

BANC OF CALIFORNIA, INC. AND SUBSIDIARIES 

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY

Non-Common StockVotingAccumulatedClass BCommonAdditionalRetainedOtherPreferredNon-StockPaid-inEarningsComprehensive StockVotingVotingEquivalentsCapital(Deficit)Income (Loss) Total (In thousands, except per share amount)Balance, December 31, 2021$— $1,221 $— $— $2,916,091 $1,016,350 $65,968 $3,999,630 Net earnings— — — — — 423,613 — 423,613 Other comprehensive loss, net of tax— — — — — — (856,871)(856,871)Issuance of preferred stock,net of offering costs498,516 — — — — — — 498,516 Restricted stock awarded and earned stock compensation, net of shares forfeited— 9 — — 34,760 — — 34,769 Restricted stock surrendered— — — — (9,531)— — (9,531)Cash dividends paid: Preferred stock, $0.9420/share— — — — (19,339)— (19,339)Common stock, $1.52/share(1)— — — — (120,256)— — (120,256)Balance, December 31, 2022498,516 1,230 — — 2,821,064 1,420,624 (790,903)3,950,531 Net loss— — — — — (1,899,137)—