Company: BANC-PF
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001169770-25-000024
Chunk: 96

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 8
Chunk 96
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%Total$116,428 $4,099 $355 $146 $121,028 Three Months Ended March 31, 2024Loan ModificationsBalances (Amortized Cost Basis) atMarch 31, 2024Term Extension% ofLoanPortfolioBalanceClass(Dollars in thousands)Real estate mortgage:Commercial$1,250 — %Other residential1,837 — %Commercial:Other commercial2,827 0.1 %Total$5,914 

32

BANC OF CALIFORNIA, INC. AND SUBSIDIARIESNotes to Condensed Consolidated Financial Statements (Unaudited)

The following tables present the financial effect of our loan modifications made to borrowers experiencing financial difficulty by type of modification for the periods indicated:Three Months Ended March 31, 2025Term Extension - Financial EffectReal estate mortgage:CommercialExtended maturity by a weighted average 13 months.Multi-familyExtended maturity by a weighted average 5 months.Other residentialExtended maturity by a weighted average 9 months.Real estate construction and land:ResidentialExtended maturity by a weighted average 12 months.Commercial:Asset-basedExtended maturity by a weighted average 10 months.Venture capitalExtended maturity by a weighted average 12 months.Other commercialExtended maturity by a weighted average 16 months.Three Months Ended March 31, 2025Payment Delay - Financial EffectReal estate mortgage:CommercialDeferred partial payments for 6 months.Other residentialDeferred partial payments for 3 months.Three Months Ended March 31, 2025 Combination - Term Extension and Rate Reduction - Financial EffectCommercial:Other commercialExtended maturity by a weighted average 4.7 years and reduced interest rates by a weighted average 1.95%.Three Months Ended March 31, 2025Term Extension, Rate Reduction and Payment Delay - Financial EffectCommercial:Other commercialExtended maturity by a weighted average 5.1 years, reduced interest rates by a weighted average 5.75%, and granted 3 months of payment deferrals.Three Months Ended March 31, 2024Term Extension - Financial EffectReal estate mortgage:CommercialExtended maturity by a weighted average 5 months.Other residentialExtended maturity by a weighted average 12 months.Commercial:Other commercialExtended maturity by a weighted average 3 months.

33

BANC OF CALIFORNIA, INC. AND SUBSIDIARIESNotes to Condensed Consolidated Financial Statements (Unaudited)

The following tables present the payment status of