Company: BANC-PF
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-050892
Chunk: 15

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 2
Chunk 15
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,293 2.42 %

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(1)    Total loans are net of deferred fees, related direct costs, and premiums and discounts, but exclude the allowance for loan losses. Includes net loan discount accretion of $19.3 million and $16.1 million for the three months ended September 30, 2025 and June 30, 2025.

(2)    Total deposits is the sum of interest-bearing deposits and noninterest-bearing demand deposits. The cost of total deposits is calculated as annualized interest expense on total deposits divided by average total deposits. 

(3)    Total funds is the sum of total interest-bearing liabilities and noninterest-bearing demand deposits. The cost of total funds is calculated as annualized total interest expense divided by average total funds.

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Nine Months EndedSeptember 30, 2025September 30, 2024InterestYieldsInterestYieldsAverageIncome/andAverageIncome/andBalanceExpenseRatesBalanceExpenseRates(Dollars in thousands)ASSETS:Loans and leases (1)$24,252,860 $1,081,129 5.96 %$24,878,682 $1,144,231 6.14 %Investment securities 4,745,530 113,769 3.21 %4,681,872 103,051 2.94 %Deposits in financial institutions1,972,486 64,807 4.39 %3,479,130 140,904 5.41 %Total interest‑earning assets 30,970,876 1,259,705 5.44 %33,039,684 1,388,186 5.61 %Other assets2,665,623 2,888,600 Total assets$33,636,499 $35,928,284 LIABILITIES ANDSTOCKHOLDERS’ EQUITY:Interest checking $7,661,200 154,751 2.70 %$7,733,588 184,505 3.19 %Money market 5,326,554 97,079 2.44 %5,218,774 106,488 2.73 %Savings 1,958,289 38,323 2.62 %2,022,600 52,166 3.45 %Time