Company: BANC-PF
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001169770-25-000029
Chunk: 181

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 181
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 presents the composition of our deposit portfolio by account type as of the dates indicated:

June 30, 2025December 31, 2024% of% ofIncreaseDeposit TypeBalanceTotalBalanceTotal(Decrease)(Dollars in thousands)Noninterest-bearing checking$7,441,116 27 %$7,719,913 28 %$(278,797)Interest-bearing:Checking7,974,452 29 %7,610,705 28 %363,747 Money market5,375,080 20 %5,361,635 20 %13,445 Savings1,932,906 7 %1,933,232 7 %(326)Time:Non-brokered2,492,890 9 %2,488,217 9 %4,673 Brokered2,311,989 8 %2,078,207 8 %233,782 Total time deposits4,804,879 17 %4,566,424 17 %238,455 Total interest-bearing20,087,317 73 %19,471,996 72 %615,321 Total deposits$27,528,433 100 %$27,191,909 100 %$336,524 

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

June 30, 2025December 31, 2024% of% ofTotalTotalTime DepositsBalanceDepositsBalanceDeposits(Dollars in thousands)Time deposits $250,000 and under$3,667,221 13 %$3,468,376 13 %Time deposits over $250,0001,137,658 4 %1,098,048 4 %Total time deposits$4,804,879 17 %$4,566,424 17 %

Total deposits increased by $336.5 million to $27.5 billion at June 30, 2025 compared to $27.2 billion at December 31, 2024. The increase of $336.5 million in total deposits was due primarily to increases of $363.7 million in checking accounts and $233.8 million in brokered time deposits, offset partially by a decrease of $278.8 million in noninterest-bearing checking accounts.