Company: BANC-PF
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001628280-25-009438
Chunk: 326

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 1B
Chunk 326
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 statements of earnings (loss).

77

The following table presents a summary of contractual rates and contractual maturities of our AFS securities as of the date indicated:

Due AfterDue AfterDue One YearFive YearsWithinThroughThroughDue AfterOne YearFive YearsTen YearsTen YearsTotalFairFairFairFairFairDecember 31, 2024ValueRate(1)ValueRate(1)ValueRate(1)ValueRate(1)ValueRate(1)(Dollars in thousands)Agency residential MBS$— — %$— — %$— — %$861,840 3.47 %$861,840 3.47 %Agency residential CMOs— — %— — %14,899 5.67 %431,732 4.76 %446,631 4.79 %Private label residential CMOs— — %— — %— — %316,910 4.54 %316,910 4.54 %Collateralized loan obligations— — %4,539 7.11 %167,973 6.40 %106,904 6.45 %279,416 6.43 %Corporate debt securities— — %4,842 7.23 %252,870 5.46 %— — %257,712 5.49 %Agency commercial MBS— — %30,312 4.18 %9,979 5.25 %11,273 4.07 %51,564 4.36 %Asset-backed securities— — %— — %— — %15,600 5.80 %15,600 5.80 %Private label commercial MBS— — %— — %976 4.19 %11,396 2.98 %12,372 3.07 %SBA securities— — %— — %4,200 3.16 %— — %4,200 3.16 %Municipal securities— — %594 5.09 %— — %— — %594 5.09 %Total securities available-for-sale $— — %$40,287