Company: BANC-PF
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001169770-25-000029
Chunk: 177

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 177
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2025. These sales and transfers contributed to broad-based improvements across key credit quality metrics.

Nonperforming Assets, Classified Loans and Leases, and Special Mention Loans and Leases     

The following table presents information on our nonperforming assets, classified loans and leases, and special mention loans and leases as of the dates indicated:

June 30,December 31,20252024(Dollars in thousands)Nonaccrual loans and leases held for investment $167,516 $189,605 Accruing loans contractually past due 90 days or more— — Total nonperforming loans and leases 167,516 189,605 Foreclosed assets, net7,806 9,734 Total nonperforming assets$175,322 $199,339 Classified loans and leases held for investment $656,556 $563,502 Special mention loans and leases held for investment$661,568 $1,097,315 Nonaccrual loans and leases held for investment to loans and leases held for investment0.69 %0.80 %Nonperforming assets to loans and leases held for investment and foreclosed assets, net0.72 %0.84 %Classified loans and leases held for investment to loans and leases held for investment2.71 %2.37 %Special mention loans and leases held for investment to loans and leases held for investment2.73 %4.61 %Allowance for credit losses to nonaccrual loans and leases held for investment154.4 %141.6 %

100

Nonaccrual Loans and Leases Held for Investment

The following table presents our nonaccrual loans and leases held for investment and accruing loans and leases past due between 30 and 89 days by loan portfolio segment and class as of the dates indicated:

June 30, 2025December 31, 2024Increase (Decrease)Accruing AccruingAccruingand 30-89and 30-89and 30-89Days PastDays Past Days Past NonaccrualDueNonaccrualDueNonaccrualDue(In thousands)Real estate mortgage:Commercial$98,112 $537 $97,655 $— $457 $537 Multi-family22,594 — 22,763 9,442 (169)(9,442)Other residential39,396