Company: BANC-PF
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001628280-25-009438
Chunk: 76

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 76
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 served as the Company's auditor from 1982 to 2024.

Irvine, California 

February 29, 2024, except as to Note 24 - Segment Reporting, which is as of March 3, 2025.

111

BANC OF CALIFORNIA, INC. AND SUBSIDIARIES 

CONSOLIDATED BALANCE SHEETS

 December 31, 20242023 (Dollars in thousands, except par value amounts)ASSETS:Cash and due from banks$192,006 $202,427 Interest-earning deposits in financial institutions2,310,206 5,175,149 Total cash, cash equivalents, and restricted cash2,502,212 5,377,576 Securities available-for-sale, at fair value, net of allowance for credit losses (amortized cost of $2,526,644 and $2,699,255, respectively)2,246,839 2,346,864 Securities held-to-maturity, at amortized cost, net of allowance for credit losses (fair value of $2,156,694 and $2,168,316, respectively)2,306,149 2,287,291 FRB and FHLB stock, at cost147,773 126,346 Total investment securities4,700,761 4,760,501 Loans held for sale26,331 122,757 Loans and leases held for investment23,781,663 25,489,687 Allowance for loan and lease losses(239,360)(281,687)Loans and leases held for investment, net23,542,303 25,208,000 Equipment leased to others under operating leases307,188 344,325 Premises and equipment, net142,546 146,798 Bank owned life insurance339,517 339,643 Goodwill214,521 198,627 Intangible assets, net132,944 165,477 Deferred tax asset, net720,587 739,111 Other assets913,954 1,131,249 Total assets$33,542,864 $38,534,064 LIABILITIES:  Noninterest-bearing deposits$7,719,913 $7,774,254 Interest-bearing deposits19,471,996 22,627,515 Total deposits27,191