Company: BANC-PF
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001169770-25-000029
Chunk: 174

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 174
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Allowance for Credit Losses Data 20252024(Dollars in thousands)Allowance for loan and lease losses$229,344 $239,360 Reserve for unfunded loan commitments29,221 29,071 Total allowance for credit losses$258,565 $268,431 Allowance for loan and lease losses to loans and leases held for investment0.95 %1.01 %Allowance for credit losses to loans and leases held for investment1.07 %1.13 %

96

The following table presents the changes in our ACL on loans and leases held for investment for the periods indicated:Three Months EndedSix Months EndedRoll Forward of Allowance for Credit LossesJune 30,March 31,June 30,on Loans and Leases Held for Investment2025202520252024(Dollars in thousands)Balance, beginning of period $264,557 $268,431 $268,431 $311,258 Provision for credit losses:Addition to allowance for loan and lease losses38,580 9,700 48,280 23,000 (Reduction in) addition to reserve for unfunded loan commitments(350)500 150 (2,000)Total provision for credit losses38,230 10,200 48,430 21,000 Loans and leases charged off:Real estate mortgage(16,080)(5,789)(21,869)(56,358)Real estate construction and land(21,536)— (21,536)— Commercial(8,593)(9,582)(18,175)(3,852)Consumer(739)(1,180)(1,919)(2,874)Total loans and leases charged off(46,948)(16,551)(63,499)(63,084)Recoveries on loans and leases charged off:Real estate mortgage298 312 610 2,320 Real estate construction and land— — — — Commercial2,288 2,103 4,391 3,703 Consumer140 62 202 136 Total recoveries on loans and leases charged off 2,726 2,477 5,203 6,159 Net charge-offs(44,222)(14,074)(58,296)(56,925)Balance, end of period$258,565 $264,557 $258,565 $275,