Company: BANC-PF
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-050892
Chunk: 41

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 2
Chunk 41
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 estate mortgage classified loans, $66.4 million in asset-based classified loans, $48.0 million in venture capital classified loans, and $19.0 million in other residential real estate mortgage classified loans.

Special mention loans and leases decreased by $591.3 million to $506.0 million at September 30, 2025 compared to $1.1 billion at December 31, 2024, due mainly to decreases of $238.1 million in commercial real estate mortgage special mention loans, largely driven by credit migration out of the category as well as loans sold or transferred to held for sale in connection with the strategic loan sales process, $194.9 million in residential real estate construction and land special mention loans, primarily due to credit migration, $66.6 million in commercial real estate construction and land special mention loans, $49.3 million in multi-family real estate mortgage special mention loans, and $21.6 million in venture capital special mention loans.

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Deposits

The following table presents the composition of our deposit portfolio by account type as of the dates indicated:

September 30, 2025December 31, 2024% of% ofIncreaseDeposit TypeBalanceTotalBalanceTotal(Decrease)(Dollars in thousands)Noninterest-bearing checking$7,603,748 28 %$7,719,913 28 %$(116,165)Interest-bearing:Checking7,930,951 29 %7,610,705 28 %320,246 Money market4,974,177 19 %5,361,635 20 %(387,458)Savings1,949,369 7 %1,933,232 7 %16,137 Time:Non-brokered2,468,017 9 %2,488,217 9 %(20,200)Brokered2,258,503 8 %2,078,207 8 %180,296 Total time deposits4,726,520 17 %4,566,424 17 %160,096 Total interest-bearing19,581,017 72 %19,471,996 72 %109,021 Total deposits$27,184,765 100 %$27,191,909 100 %$(7,144)

The following table presents time deposits based on the $250,000 FDIC insured limit as of the dates indicated