Company: BANC-PF
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001169770-25-000024
Chunk: 95

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 8
Chunk 95
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,098 $256,317 $23,781,663 Current YTD period: Gross charge-offs$— $5,915 $31,208 $35,844 $12,204 $6,136 $3,031 $605 $94,943 ____________________(1)    Amounts with negative balances are loans with zero principal balances and deferred loan origination fees.

31

BANC OF CALIFORNIA, INC. AND SUBSIDIARIESNotes to Condensed Consolidated Financial Statements (Unaudited)

Loan ModificationsThe following tables present our loan modifications made to borrowers experiencing financial difficulty by type of modification for the periods indicated with related amortized cost balances as of the dates indicated:Three Months Ended March 31, 2025Loan ModificationsBalances (Amortized Cost Basis) atMarch 31, 2025Combination - TermCombination - TermExtension,Extension andRate ReductionTotal LoanTerm ExtensionPayment DelayRate Reductionand Payment DelayModifications% of% of% of% of% ofLoanLoanLoanLoanLoanPortfolioPortfolioPortfolioPortfolioPortfolioBalanceClassBalanceClassBalanceClassBalanceClassBalanceClass(Dollars in thousands)Real estate mortgage:Commercial$61,021 1.4 %$1,599 — %$— — %$— — %$62,620 1.4 %Multi-family39,472 0.6 %— — %— — %— — %39,472 0.6 %Other residential972 — %2,500 0.1 %— — %— — %3,472 0.1 %Real estate construction and land:Residential3,120 0.1 %— — %— — %— — %3,120 0.1 %Commercial:Asset-based2,296 0.1 %— — %— — %— — %2,296 0.1 %Venture capital7,393 0.4 %— — %— — %— — %7,393 0.4 %Other commercial2,154 0.1 %— — %355 — %146 — %2,655 0.1