Company: BANC-PF
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001169770-25-000029
Chunk: 180

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 180
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118,523)Residential3,124 — — 203,220 3,124 (203,220)Total real estate construction and land72,448 29,501 — 351,244 72,448 (321,743)Commercial:Asset-based33,771 43,518 5,003 9,547 28,768 33,971 Venture capital87,196 152,466 75,406 125,320 11,790 27,146 Other commercial15,172 37,901 19,949 38,741 (4,777)(840)Total commercial136,139 233,885 100,358 173,608 35,781 60,277 Consumer1,068 5,065 709 7,408 359 (2,343)Total$656,556 $661,568 $563,502 $1,097,315 $93,054 $(435,747)    

Classified loans and leases increased by $93.1 million to $656.6 million at June 30, 2025 compared to $563.5 million at December 31, 2024, due mainly to increases of $76.8 million in multi-family real estate mortgage classified loans, $69.3 million in commercial real estate construction and land classified loans, and $28.8 million in commercial asset-based classified loans, offset partially by a decrease of $83.8 million in commercial real estate mortgage classified loans primarily due to the transfer of loans to held for sale in connection with the strategic loan sales process.

Special mention loans and leases decreased by $435.7 million to $661.6 million at June 30, 2025 compared to $1.1 billion at December 31, 2024, due mainly to decreases of $203.2 million in residential real estate construction and land special mention loans resulting from credit migration out of the category, as well as $144.7 million in commercial real estate mortgage special mention loans and $118.5 million in commercial real estate construction and land special mention loans primarily due to the transfer of loans to held for sale in connection with the strategic loan sales process. These decreases were offset partially by increases of  $34.0 million in commercial asset-based special mention loans and $27.1 million in venture capital special mention loans.

102

Deposits

The following table