Company: BANC-PF
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-050892
Chunk: 97

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 97
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 Gross charge-offs$— $5,915 $31,208 $35,844 $12,204 $6,136 $3,031 $605 $94,943 ____________________(1)    Amounts with negative balances are loans with zero principal balances and deferred loan origination fees.

35

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

Loan ModificationsThe following tables present our loan modifications made to borrowers experiencing financial difficulty by type of modification for the periods indicated with related amortized cost balances as of the dates indicated:Three Months Ended September 30, 2025Loan ModificationsBalances (Amortized Cost Basis) atSeptember 30, 2025Interest RateTotal LoanTerm ExtensionPayment DelayReductionModifications% of% of% of% ofLoanLoanLoanLoanPortfolioPortfolioPortfolioPortfolioBalanceClassBalanceClassBalanceClassBalanceClass(Dollars in thousands)Real estate mortgage:Commercial$115,256 2.7 %$— — %$3,349 0.1 %$118,605 2.8 %Multi-family67,446 1.1 %— — %— — %67,446 1.1 %Other residential1,445 — %— — %— — %1,445 — %Real estate construction and land:Residential2,985 0.2 %— — %— — %2,985 0.2 %Commercial:Asset-based37,977 1.4 %— — %— — %37,977 1.4 %Venture capital38,599 2.0 %14,893 0.8 %— — %53,492 2.8 %Other commercial179 — %— — %— — %179 — %Total$263,887 $14,893 $3,349 $282,129 

36

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

Nine Months Ended September 30, 2025Loan ModificationsBalances (Amortized Cost Basis) atSeptember 30, 2025Combination