Company: BANC-PF
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001169770-25-000029
Chunk: 126

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 126
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016,549 22,923,445 — 9,813 22,913,632 Equity investments with readily determinable fair values2 2 2 — — Equity warrants3,571 3,571 — — 3,571 Interest rate and foreign exchange contracts6,700 6,700 — 6,700 — Servicing rights18,506 20,176 — — 20,176 Financial Liabilities:Demand, checking, money market, and savings deposits22,723,554 22,723,554 — 22,723,554 — Time deposits4,804,879 4,794,326 — 4,794,326 — Borrowings1,917,180 1,918,351 100,000 1,701,171 117,180 Subordinated debt949,213 918,445 — 918,445 — Cash flow hedges4,446 4,446 — 4,446 — Interest rate and foreign exchange contracts6,470 6,470 — 6,470 — December 31, 2024Carrying Estimated Fair ValueAmountTotalLevel 1Level 2Level 3(In thousands)Financial Assets:Cash and due from banks$192,006 $192,006 $192,006 $— $— Interest-earning deposits in financial institutions2,310,206 2,310,206 2,310,206 — — Securities available-for-sale2,246,839 2,246,839 — 2,244,709 2,130 Securities held-to-maturity2,306,149 2,156,694 173,283 1,976,265 7,146 Investment in FRB and FHLB stock147,773 147,773 — 147,773 — Loans held for sale26,331 26,562 — 26,562 — Loans and leases held for investment, net23,542,303 22,412,073 — 45,962 22,366,111 Equity investments with readily determinable fair values3 3 3 — — Equity warrants3,763 3,763 — — 3,