Company: BANC-PF
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001628280-25-009438
Chunk: 412

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 1B
Chunk 412
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 commercial MBS52,610 — 52,610 — (1,046)51,564 Agency residential CMOs467,319 — 467,319 223 (20,911)446,631 Municipal securities602 — 602 — (8)594 Corporate debt securities289,098 — 289,098 — (31,386)257,712 Private label residential CMOs352,615 — 352,615 7 (35,712)316,910 Collateralized loan obligations278,976 — 278,976 469 (29)279,416 Private label commercial MBS13,585 — 13,585 — (1,213)12,372 Asset-backed securities15,674 — 15,674 — (74)15,600 SBA securities4,564 — 4,564 — (364)4,200 Total (1)$2,526,644 $— $2,526,644 $699 $(280,504)$2,246,839     _________________________(1)    Excludes accrued interest receivable of $12.6 million at December 31, 2024 which is recorded in "Other assets" on the consolidated balance sheets. December 31, 2023AllowanceGrossGrossAmortizedfor CreditNet CarryingUnrealizedUnrealizedFairSecurity TypeCostLossesAmountGainsLossesValue (In thousands)Agency residential MBS$1,388,801 $— $1,388,801 $— $(201,192)$1,187,609 Agency commercial MBS268,639 — 268,639 — (15,333)253,306 Agency residential CMOs320,984 — 320,984 — (36,650)284,334 Municipal securities29,192 — 29,192 — (1,109)28,083 Corporate debt securities327,426 (199)327,227 259 (60,254)267,232 Private label residential CMOs193,071 — 193,071 — (34,659)158,412 Collateralized loan obligations109,168 — 109,168 —