Company: BANC-PF
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001628280-25-009438
Chunk: 160

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 160
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/30/20363-month Term SOFR + 1.95Trust CS 2006-151,545 9.95 %51,545 10.45 %2/22/20064/30/2036Prime + 1.95Trust CS 2006-251,550 6.80 %51,550 7.60 %9/27/200610/30/20363-month Term SOFR + 1.95Trust CS 2006-3 (4)26,687 5.10 %28,453 6.00 %9/29/200610/30/20363-month EURIBOR + 2.05Trust CS 2006-416,470 9.95 %16,470 10.45 %12/5/20061/30/2037Prime + 1.95Trust CS 2006-56,650 6.80 %6,650 7.60 %12/19/20061/30/20373-month Term SOFR + 1.95Trust CS 2007-239,177 6.80 %39,177 7.60 %6/13/20077/30/20373-month Term SOFR + 1.95PMB Statutory Trust III7,217 7.99 %7,217 9.02 %9/16/20029/26/20323-month Term SOFR + 3.40PMB Capital Trust III10,310 6.89 %10,310 7.66 %10/4/200410/8/20343-month Term SOFR + 2.00Total subordinated debt1,012,187 5.48 %1,013,419 5.93 %Acquisition discount (5)(70,264)(76,820)Total subordinated debt, net$941,923 $936,599 ___________________(1)    Rates do not include the effects of discounts and issuance costs.(2)    Net of unamortized issuance costs of $3.8 million.(3)    Interest rate is fixed until May 1, 2026, when it changes to a floating rate and resets quarterly equal to 3-month Term SOFR, plus a spread of 252 basis points.(4)