Company: BANC-PF
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001169770-25-000024
Chunk: 80

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 8
Chunk 80
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27,700 $22,561 $50,261 $4,528,511 $4,578,772 Multi-family10,346 21,860 32,206 6,009,507 6,041,713 Other residential39,873 36,976 76,849 2,730,325 2,807,174 Total real estate mortgage77,919 81,397 159,316 13,268,343 13,427,659 Real estate construction and land:Commercial— — — 799,131 799,131 Residential— — — 2,373,162 2,373,162 Total real estate construction and land— — — 3,172,293 3,172,293 Commercial:Asset-based1,795 — 1,795 2,086,174 2,087,969 Venture capital5,534 — 5,534 1,532,242 1,537,776 Other commercial3,295 6,956 10,251 3,142,833 3,153,084 Total commercial10,624 6,956 17,580 6,761,249 6,778,829 Consumer2,804 493 3,297 399,585 402,882 Total$91,347 $88,846 $180,193 $23,601,470 $23,781,663 It is our policy to discontinue accruing interest when principal or interest payments are past due 90 days or more (unless the loan is both well secured and in the process of collection) or when, in the opinion of management, there is a reasonable doubt as to the collectability of a loan or lease in the normal course of business. Interest income on nonaccrual loans is recognized only to the extent cash is received and the principal balance of the loan is deemed collectable.The following table presents our nonaccrual and performing loans and leases held for investment by loan portfolio segment and class as of the dates indicated: March 31, 2025December 31, 2024NonaccrualPerformingTotalNonaccrualPerformingTotal (In thousands)Real estate mortgage:Commercial$131,595 $4,357,948 $4,489,543 $97,