Company: BANC-PF
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001169770-25-000024
Chunk: 143

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 8
Chunk 143
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 5.34 %1,399,080 18,993 5.40 %2,892,406 38,124 5.30 %Subordinated debt942,817 15,340 6.60 %942,221 16,156 6.82 %937,005 16,671 7.16 %Total interest‑bearing liabilities21,546,621 174,291 3.28 %21,603,479 189,234 3.48 %25,594,875 249,602 3.92 %Noninterest‑bearing demand deposits7,714,830 7,905,750 7,685,027 Other liabilities522,753 566,635 870,273 Total liabilities29,784,204 30,075,864 34,150,175 Stockholders’ equity3,524,181 3,486,164 3,390,532 Total liabilities and stockholders' equity$33,308,385 $33,562,028 $37,540,707 Net interest income $232,364 $235,285 $229,102 Net interest rate spread 2.11 %2.00 %1.64 %Net interest margin 3.08 %3.04 %2.66 %Total deposits (2)$26,920,914 $140,530 2.12 %$27,167,928 $154,085 2.26 %$29,450,491 $194,807 2.66 %Total funds (3)$29,261,451 $174,291 2.42 %$29,509,229 $189,234 2.55 %$33,279,902 $249,602 3.02 %

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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 $16.0 million, $20.7 million, and $22.4 million for the three months ended March 31, 2025, December 31, 2024, and March 31, 2024.

(2)    Total deposits is the sum of interest-bearing deposits and noninterest-bearing demand deposits