Company: BANC-PF
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001169770-25-000024
Chunk: 167

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 8
Chunk 167
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563,502 Total loans and leases held for investment$24,126,527 $23,781,663 

Classified and special mention loans and leases fluctuate from period to period as a result of loan repayments and downgrades or upgrades from our ongoing active portfolio management. 

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The following table presents the classified and special mention credit risk rating categories for loans and leases held for investment by loan portfolio segment and class and the related net changes as of the dates indicated:

March 31, 2025December 31, 2024Increase (Decrease)Special Special Special ClassifiedMentionClassifiedMentionClassifiedMention(In thousands)Real estate mortgage:Commercial$317,427 $300,298 $301,278 $348,014 $16,149 $(47,716)Multi-family216,093 149,159 113,164 202,690 102,929 (53,531)Other residential44,757 1,260 47,993 14,351 (3,236)(13,091)Total real estate mortgage578,277 450,717 462,435 565,055 115,842 (114,338)Real estate construction and land:Commercial69,324 224,152 — 148,024 69,324 76,128 Residential3,120 39,730 — 203,220 3,120 (163,490)Total real estate construction and land72,444 263,882 — 351,244 72,444 (87,362)Commercial:Asset-based3,640 37,746 5,003 9,547 (1,363)28,199 Venture capital84,412 153,942 75,406 125,320 9,006 28,622 Other commercial24,676 25,489 19,949 38,741 4,727 (13,252)Total commercial112,728 217,177 100,358 173,608 12,370 43,569 Consumer1,274 5,238 709 7,408 565 (2,170)Total$764,723 $937,014 $563,502 $1,097,315 $201,221 $(160,301)    

During the three months ended March 31,