Company: BANC-PF
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001628280-25-009438
Chunk: 144

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 144
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Extended maturity by a weighted average 10 years and granted four months of payment deferrals.Year Ended December 31, 2023Term Extension - Financial EffectReal estate mortgage:Other residentialExtended maturity by a weighted average seven months.Commercial:Other commercialExtended maturity by a weighted average 19 months.ConsumerExtended maturity by a weighted average 12 months.Year Ended December 31, 2023Payment Delay - Financial EffectCommercial:Other commercialProvided 18 months of reduced payments to borrowers without extending the loan term.Year Ended December 31, 2023Combination - Term Extension and Interest Rate ReductionCommercial:Other commercialExtended maturity by a weighted average 3 years and reduced weighted average contractual interest rate from 11.75% to 7.50%.ConsumerExtended 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