Company: BANC-PF
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001169770-25-000029
Chunk: 170

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 170
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 and as a result we have commenced the sales process for these loans.

The following table presents a roll forward of loans and leases held for investment for the period indicated:

Six Months EndedRoll Forward of Loans and Leases Held for InvestmentJune 30, 2025(In thousands)Balance, beginning of period$23,781,663 Additions:Production2,100,659 Disbursements2,652,527 Total production and disbursements4,753,186 Reductions:Payoffs (2,053,313)Paydowns(1,693,043)Total payoffs and paydowns(3,746,356)Sales(32,180)Transfers to foreclosed assets(5,673)Charge-offs(63,499)Transfers to loans held for sale(441,248)Total reductions(4,288,956)Net increase 464,230 Balance, end of period$24,245,893 

93

Real Estate Loans Held for Investment    

Our real estate loan portfolio encompasses commercial real estate mortgage, residential real estate mortgage, and real estate construction and land loans. As of June 30, 2025 and December 31, 2024, the real estate loan comprised 66% and 70%, respectively of the total loan portfolio. The following table presents the geographic composition of our real estate loans held for investment by the top 10 states and all other states combined (in the order presented for the current quarter-end) as of the dates indicated:

June 30, 2025December 31, 2024% of % of Real Estate Loans by StateBalanceTotalBalanceTotal(Dollars in thousands)California$11,546,750 72 %$11,722,323 71 %Colorado1,169,165 7 %1,224,295 7 %Texas564,217 4 %542,312 3 %Florida444,817 3 %437,987 3 %Arizona383,595 2 %540,726 3 %Washington381,691 2 %393,584 2 %Nevada308,770 2 %388,627 2 %Oregon291,581 2 %307,088 2 %Utah145,913 1 %147,205 1 %Illinois60,648 — %106,463 1 %Total of