Company: BANC-PF
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001628280-25-009438
Chunk: 54

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 7
Chunk 54
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 Company's three largest loan relationships on nonaccrual status had an aggregate carrying value of $62.3 million and represented 33% of total nonaccrual loans and leases. 

96

The following table presents our nonaccrual loans and leases held for investment and accruing loans and leases past due between 30 and 89 days by loan portfolio segment and class as of the dates indicated:

December 31, 2024December 31, 2023Increase (Decrease)AccruingAccruingAccruingand 30-89and 30-89and 30-89Days PastDays PastDays PastNonaccrualDueNonaccrualDueNonaccrualDue(In thousands)Real estate mortgage:Commercial$97,655 $— $15,669 $10,577 $81,986 $(10,577)Multi-family22,763 9,442 1,020 2,302 21,743 7,140 Other residential46,788 34,417 31,041 83,747 15,747 (49,330)Total real estate mortgage167,206 43,859 47,730 96,626 119,476 (52,767)Real estate construction and land:Commercial— — — — — — Residential— — — — — — Total real estate construction and land— — — — — — Commercial:Asset-based1,940 1,795 2,689 608 (749)1,187 Venture capital6,291 — 325 — 5,966 — Other commercial13,544 2,331 10,972 1,187 2,572 1,144 Total commercial21,775 4,126 13,986 1,795 7,789 2,331 Consumer624 2,804 811 3,461 (187)(657)Total held for investment$189,605 $50,789 $62,527 $101,882 $127,078 $(51,093)

During 2024, loans accruing and 30-89 days past due decreased by $51.1 million to $50.8 million at December 31, 2024 due primarily to decreases in past due loans of $