Company: BANC-PF
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001169770-25-000029
Chunk: 74

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 74
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 if any, to assess whether an unrealized loss was credit-related. Further, we do not currently intend to sell any of the securities in an unrealized loss position and it is not more likely than not the Company will be required to sell these securities before their anticipated recovery. As such, we recognized the unrealized losses in "Accumulated other comprehensive loss, net" of "Stockholders' equity" on the condensed consolidated balance sheets.Contractual Maturities of Securities Available-for-SaleThe following tables present the contractual maturities of our AFS securities portfolio based on amortized cost and fair value as of the dates indicated:June 30, 2025Due AfterDue AfterDue One Year Five YearsDue WithinThroughThroughAfterSecurity TypeOne YearFive YearsTen YearsTen YearsTotal(In thousands)Amortized Cost:Agency residential MBS$— $— $— $1,013,078 $1,013,078 Agency commercial MBS— 40,031 9,994 12,115 62,140 Agency residential CMOs— — 14,353 537,921 552,274 Municipal securities— 602 — — 602 Corporate debt securities— 15,753 270,807 — 286,560 Private label residential CMOs— — — 307,335 307,335 Collateralized loan obligations— 9,936 111,413 106,561 227,910 Private label commercial MBS— — 514 11,055 11,569 Asset-backed securities— — — 14,446 14,446 SBA securities— — 4,123 — 4,123 Total$— $66,322 $411,204 $2,002,511 $2,480,037 

19

BANC OF CALIFORNIA, INC. AND SUBSIDIARIESNotes to Condensed Consolidated Financial Statements (Unaudited)

June 30, 2025Due AfterDue AfterDueOne YearFive YearsDueWithinThroughThroughAfterSecurity TypeOne YearFive YearsTen YearsTen YearsTotal(In thousands)Fair Value:Agency residential MBS$— $— $— $849,865 $849,865 Agency commercial MBS— 40,051 9,958 10,863 60,872 Agency residential