Company: BANC-PF
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001169770-25-000024
Chunk: 32

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 2
Chunk 32
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 $320,074 Annualized net charge-offs to average loans and leases0.24 %0.45 %0.02 %

86

The following table presents charge-offs by loan portfolio segment, class, and subclass for the periods indicated:     Three Months EndedMarch 31,December 31,March 31,Allowance for Credit Losses Charge-offs 202520242024(In thousands)Real Estate Mortgage:Commercial real estate$4,701 $2,065 $— SBA program306 228 37 Hotel— — — Total commercial real estate mortgage5,007 2,293 37 Multi-family— — — Residential mortgage129 175 — Investor-owned residential526 3,585 1,520 Residential renovation127 66 920 Total other residential real estate782 3,826 2,440 Total real estate mortgage5,789 6,119 2,477 Real Estate Construction and Land:Commercial— — — Residential — — — Total real estate construction and land— — — Total real estate5,789 6,119 2,477 Commercial:Lender finance — — — Equipment finance— — — Premium finance— — — Other asset-based— — — Total asset-based— — — Equity fund loans— — — Venture lending5,121 14,000 141 Total venture capital5,121 14,000 141 Secured business loans524 3,547 211 Warehouse lending— — — Other lending3,937 2,960 352 Total other commercial4,461 6,507 563 Total commercial9,582 20,507 704 Consumer1,180 1,070 1,833 Total charge-offs$16,551 $27,696 $5,014 

87

The following table presents recoveries by portfolio segment, class, and subclass for the periods indicated: Three Months EndedMarch 31,December 31,March 31,Allowance for Credit Losses Recoveries 202520242024(In thousands)Real Estate Mortgage:Commercial real estate$78 $— $243 SBA program162 224 101 Hotel— — — Total commercial real estate