Company: BANC-PF
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-050892
Chunk: 180

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 180
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1,448 $1,822 Multi-family841 — 22,763 9,442 (21,922)(9,442)Other residential66,866 39,962 46,788 34,417 20,078 5,545 Total real estate mortgage166,810 41,784 167,206 43,859 (396)(2,075)Real estate construction and land:Commercial— — — — — — Residential— — — — — — Total real estate construction and land— — — — — — Commercial:Asset-based103 — 1,940 1,795 (1,837)(1,795)Venture capital— — 6,291 — (6,291)— Other commercial6,676 897 13,544 2,331 (6,868)(1,434)Total commercial6,779 897 21,775 4,126 (14,996)(3,229)Consumer952 2,733 624 2,804 328 (71)Total held for investment$174,541 $45,414 $189,605 $50,789 $(15,064)$(5,375)

Nonperforming loans and leases held for investment decreased by $15.1 million to $174.5 million at September 30, 2025 compared to $189.6 million at December 31, 2024, due mainly to principal and other reductions of $87.4 million, charge-offs of $22.5 million, transfers to accrual status of $19.8 million, and transfers to held for sale of $5.7 million, offset partially by additions of $120.3 million. As of September 30, 2025, the Company's three largest loan relationships on nonaccrual status had an aggregate carrying value of $47.0 million and represented 27% of total nonaccrual loans and leases. 

Loans and leases accruing and 30-89 days past due decreased by $5.4 million to $45.4 million as of September 30, 2025 compared to $50.8 million at December 31, 2024, due mainly to a decrease of $9.4 million in multi-family real estate mortgage delinquent loans, offset