Company: BANC-PF
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001628280-25-009438
Chunk: 123

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 123
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 securities— 189,985 — — — — — 189,985 Corporate debt securities— — — — — 44,507 25,975 70,482 Total$926,689 $999,533 $218,581 $72,952 $1,667 $44,507 $43,720 $2,307,649 December 31, 2023Security TypeAAAAA+AAAA-ABBBNRTotal(In thousands)Amortized Cost:Municipal securities$564,127 $397,542 $167,905 $86,243 $1,787 $— $17,699 $1,247,310 Agency commercial MBS— 433,827 — — — — — 433,827 Private label commercial MBS350,493 — — — — — — 350,493 U.S. Treasury securities— 187,033 — — — — — 187,033 Corporate debt securities— — — — — 44,371 25,757 70,128 Total$914,620 $1,018,402 $167,905 $86,243 $1,787 $44,371 $43,456 $2,288,791 

141

BANC OF CALIFORNIA, INC. AND SUBSIDIARIESNotes to Consolidated Financial Statements

Contractual Maturities of Securities Held-to-MaturityThe following tables present the contractual maturities of our HTM securities portfolio based on amortized cost and fair value as of the date indicated:December 31, 2024Due AfterDue AfterDue One Year Five YearsDue WithinThroughThroughAfterSecurity TypeOne YearFive YearsTen YearsTen YearsTotal(In thousands)Amortized Cost:Municipal securities$— $20,281 $449,652 $781,431 $1,251,364 Agency commercial MBS— 31,997 408,479 — 440,476 Private label commercial MBS— — 36,846 318,496 355,342 U.S. Treasury securities— — 189,985 — 189,985 Corporate debt securities— — 10,151 60,331