Company: BANC-PF
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001169770-25-000029
Chunk: 35

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 2
Chunk 35
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1,180)(1,919)(2,874)Total loans and leases charged off(46,948)(16,551)(63,499)(63,084)Recoveries on loans and leases charged off:Real estate mortgage298 312 610 2,320 Real estate construction and land— — — — Commercial2,288 2,103 4,391 3,703 Consumer140 62 202 136 Total recoveries on loans and leases charged off 2,726 2,477 5,203 6,159 Net charge-offs(44,222)(14,074)(58,296)(56,925)Balance, end of period$258,565 $264,557 $258,565 $275,333 Annualized net charge-offs to average loans and leases0.72 %0.24 %0.49 %0.45 %

97

The following table presents charge-offs by loan portfolio segment, class, and subclass for the periods indicated:     Three Months EndedSix Months EndedJune 30,March 31,June 30,Allowance for Credit Losses Charge-offs 2025202520252024(In thousands)Real Estate Mortgage:Commercial real estate$12,116 $4,701 $16,817 $20,183 SBA program277 306 583 700 Hotel— — — — Total commercial real estate mortgage12,393 5,007 17,400 20,883 Multi-family3,275 — 3,275 — Residential mortgage— 129 129 — Investor-owned residential242 526 768 34,424 Residential renovation170 127 297 1,051 Total other residential real estate412 782 1,194 35,475 Total real estate mortgage16,080 5,789 21,869 56,358 Real Estate Construction and Land:Commercial21,536 — 21,536 — Residential — — — — Total real estate construction and land21,536 — 21,536 — Total real estate37,616 5,789 43,405 56,358 Commercial:Lender finance — — — — Equipment finance— — — — Premium finance— — — —