Company: BANC-PF
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-050892
Chunk: 106

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 106
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ANC OF CALIFORNIA, INC. AND SUBSIDIARIESNotes to Condensed Consolidated Financial Statements (Unaudited)

Three Months Ended September 30, 2024Real EstateReal EstateConstructionMortgageand LandCommercialConsumerTotal(In thousands)Allowance for Loan and Lease Losses:Balance, beginning of period $155,260 $25,281 $51,194 $16,027 $247,762 Charge-offs(640)— (1,963)(1,560)(4,163)Recoveries216 — 1,253 277 1,746 Net charge-offs(424)— (710)(1,283)(2,417)Provision9,798 (11,943)10,387 758 9,000 Balance, end of period$164,634 $13,338 $60,871 $15,502 $254,345 Nine Months Ended September 30, 2024Real EstateReal EstateConstructionMortgageand LandCommercialConsumerTotal(In thousands)Allowance for Loan and Lease Losses:Balance, beginning of period $186,827 $33,830 $45,156 $15,874 $281,687 Charge-offs(56,998)— (5,815)(4,434)(67,247)Recoveries2,536 — 4,956 413 7,905 Net charge-offs(54,462)— (859)(4,021)(59,342)Provision 32,269 (20,492)16,574 3,649 32,000 Balance, end of period$164,634 $13,338 $60,871 $15,502 $254,345 Ending Allowance by Evaluation Methodology:Individually evaluated $— $— $8,196 $— $8,196 Collectively evaluated $164,634 $13,338 $52,675 $15,502 $246,149 Ending Loans and Leases by Evaluation Methodology:Individually evaluated $129,829 $— $36,527 $— $166,356 Collectively evaluated 13,204,577 3,459,409 6,282,945 414,490 23,361,421 Ending balance$13,334,406