Company: BANC-PF
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001628280-25-009438
Chunk: 381

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 1B
Chunk 381
---
 loans and leases(662,358)464,057 (5,816,608)Proceeds from sales of loans and leases 2,455,814 8,524,063 72,214 Proceeds from maturities and paydowns of securities available-for-sale243,572 261,042 658,719 Proceeds from sales of securities available-for-sale693,338 3,028,011 2,013,094 Purchases of securities available-for-sale(835,949)(13,439)(380,251)Proceeds from maturities and paydowns of securities held-to-maturity1,398 1,353 851 Purchases of FHLB and FRB stock(23,440)(304,014)(160,315)Redemptions of FHLB and FRB stock2,013 272,162 143,275 Proceeds from sales of foreclosed assets16,909 17,137 19,247 Purchases of premises and equipment, net(13,047)(15,219)(20,128)Proceeds from sales of premises and equipment190 9,018 11 Proceeds from BOLI death benefits 5,058 3,946 555 Net decrease (increase) in equipment leased to others under operating leases7,866 25,709 (100,734)Net cash provided by (used in) investing activities1,891,364 12,609,145 (3,570,070)

See accompanying Notes to Consolidated Financial Statements. 

117

BANC OF CALIFORNIA, INC. AND SUBSIDIARIES 

CONSOLIDATED STATEMENTS OF CASH FLOWS

Year Ended December 31, 202420232022(In thousands)Cash flows from financing activities:Net decrease in noninterest-bearing deposits(54,341)(5,722,546)(3,330,776)Net (decrease) increase in interest-bearing deposits(3,155,519)(4,359,678)2,269,353 Repayments of borrowings(2,623,756)(2,320,516)— Proceeds from borrowings1,100,000 2,506,300 1,763,119 Net proceeds from stock issuance— 382,900 — Net proceeds from preferred stock offering— — 498,516 Shares purchased under the Dividend Reinvestment Plan308