Company: BANC-PF
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-050892
Chunk: 35

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 2
Chunk 35
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-offs by loan portfolio segment, class, and subclass for the periods indicated:     Three Months EndedNine Months EndedSeptember 30,June 30,September 30,Allowance for Credit Losses Charge-offs 2025202520252024(In thousands)Real Estate Mortgage:Commercial real estate$594 $12,116 $17,411 $20,368 SBA program51 277 634 926 Hotel— — — — Total commercial real estate mortgage645 12,393 18,045 21,294 Multi-family— 3,275 3,275 — Residential mortgage720 — 849 67 Investor-owned residential930 242 1,698 34,479 Residential renovation160 170 457 1,158 Total other residential real estate1,810 412 3,004 35,704 Total real estate mortgage2,455 16,080 24,324 56,998 Real Estate Construction and Land:Commercial— 21,536 21,536 — Residential — — — — Total real estate construction and land— 21,536 21,536 — Total real estate2,455 37,616 45,860 56,998 Commercial:Lender finance — — — — Equipment finance— — — — Premium finance— — — — Other asset-based— — — 92 Total asset-based— — — 92 Equity fund loans— — — — Venture lending— 136 5,257 2,414 Total venture capital— 136 5,257 2,414 Secured business loans688 3,053 4,265 943 Warehouse lending— — — — Other lending2,364 5,404 11,705 2,366 Total other commercial3,052 8,457 15,970 3,309 Total commercial3,052 8,593 21,227 5,815 Consumer958 739 2,877 4,434 Total charge-offs$6,465 $46,948 $69,964 $67,247 

101

The following table presents recoveries by portfolio segment, class, and subclass for the periods indicated: Three Months