Company: BANC-PF
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001169770-25-000024
Chunk: 82

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 8
Chunk 82
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 on nonaccrual status based on management’s judgment regarding their collectability. At December 31, 2024, nonaccrual loans and leases included $88.8 million of loans and leases 90 or more days past due, $40.6 million of loans and leases 30 to 89 days past due, and $60.2 million of current loans and leases that were placed on nonaccrual status based on management’s judgment regarding their collectability.As of March 31, 2025, our three largest loan relationships on nonaccrual status had an aggregate carrying value of $73.9 million and represented 35% of total nonaccrual loans and leases. The following tables present the credit risk rating categories for loans and leases held for investment by loan portfolio segment and class as of the dates indicated. Classified loans and leases are those with a credit risk rating of either substandard or doubtful.March 31, 2025ClassifiedSpecial MentionPassTotal(In thousands)Real estate mortgage:Commercial$317,427 $300,298 $3,871,818 $4,489,543 Multi-family216,093 149,159 5,850,832 6,216,084 Other residential44,757 1,260 2,741,014 2,787,031 Total real estate mortgage578,277 450,717 12,463,664 13,492,658 Real estate construction and land:Commercial69,324 224,152 440,208 733,684 Residential3,120 39,730 2,084,504 2,127,354 Total real estate construction and land72,444 263,882 2,524,712 2,861,038 Commercial:Asset-based3,640 37,746 2,263,939 2,305,325 Venture capital84,412 153,942 1,494,720 1,733,074 Other commercial24,676 25,489 3,290,235 3,340,400 Total commercial112,728 217,177 7,048,894 7,378,799 Consumer 1,274 5,238 387,520 394,032 Total$764,723 $937,014 $22,424,790 $24,126,527 December 31