Company: BANC-PF
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001169770-25-000029
Chunk: 155

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 155
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 deposits divided by average total deposits. 

(3)    Total funds is the sum of total interest-bearing liabilities and noninterest-bearing demand deposits. The cost of total funds is calculated as annualized total interest expense divided by average total funds.

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Six Months EndedJune 30, 2025June 30, 2024InterestYieldsInterestYieldsAverageIncome/andAverageIncome/andBalanceExpenseRatesBalanceExpenseRates(Dollars in thousands)ASSETS:Loans and leases (1)$24,148,460 $708,406 5.92 %$25,422,084 $774,318 6.13 %Investment securities 4,726,957 75,478 3.22 %4,690,123 68,139 2.92 %Deposits in financial institutions1,979,843 43,280 4.41 %3,667,630 98,836 5.42 %Total interest‑earning assets 30,855,260 827,164 5.41 %33,779,837 941,293 5.60 %Other assets2,682,266 2,907,750 Total assets$33,537,526 $36,687,587 LIABILITIES ANDSTOCKHOLDERS’ EQUITY:Interest checking $7,562,369 100,756 2.69 %$7,778,540 122,625 3.17 %Money market 5,414,190 66,618 2.48 %5,350,202 74,127 2.79 %Savings 1,954,349 25,634 2.65 %2,019,399 35,026 3.49 %Time 4,534,076 92,462 4.11 %6,191,281 149,135 4.84 %Total interest‑bearing deposits19,464,984 285,470 2.96 %21,339,422 380,913 3.59 %Borrowings1,513,790 38,442 5.12 %2,453,003 68,435 5.61 %Subordinated debt944,790 30,672 6.55 %937,686 33,355 7.15