Company: BANC-PF
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001628280-25-009438
Chunk: 441

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 1B
Chunk 441
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 maturity by a weighted average 2 years and reduced weighted average contractual interest rate from 9.50% to 2.00%.Year Ended December 31, 2023Combination - Term Extension and Payment DelayCommercial:Venture capitalExtended maturity and granted payment deferrals for a weighted average of 18 months.

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BANC OF CALIFORNIA, INC. AND SUBSIDIARIESNotes to Consolidated Financial Statements

The following tables present the payment status of loans that were modified during the preceding 12-month period with related amortized cost balances as of the date indicated:Payment Status (Amortized Cost Basis) at December 31, 202430-89 Days90 or More DaysCurrentPast DuePast DueTotal(In thousands)Real estate mortgage:Commercial$188,799 $9,671 $— $198,470 Other residential679 — 3,539 4,218 Commercial:Asset-based1,940 — — 1,940 Venture capital18,544 — — 18,544 Other commercial3,464 — — 3,464 Consumer9 — — 9 Total$213,435 $9,671 $3,539 $226,645 Payment Status (Amortized Cost Basis) at December 31, 202330-89 Days90 or More DaysCurrentPast DuePast DueTotal(In thousands)Real estate mortgage:Commercial$1,750 $— $— $1,750 Other residential8,604 305 159 9,068 Commercial:Venture capital324 — — 324 Other commercial2,702 — — 2,702 Consumer16 — — 16 Total$13,396 $305 $159 $13,860 The following tables present information on loans that defaulted during the years indicated, which had been modifiedduring the preceding 12-month period, with related amortized cost balances as of the date indicated:Year Ended December 31, 2024Loan Modifications That Subsequently DefaultedAmortized Cost Basis at December 31, 2024Combination Term Term ExtensionExtension and Payment DelayTotal(In thousands)Real estate mortgage:Commercial$9,671 $13,899 $23,570 Other residential3,539 — 3,539 Total$13,210 $13,899