Company: BANC-PF
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001628280-25-009438
Chunk: 129

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 129
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 were placed on nonaccrual status based on management’s judgment regarding their collectability. As of December 31, 2024, our three largest loan relationships on nonaccrual status had an aggregate carrying value of $62.3 million and represented 33% of total nonaccrual loans and leases. 

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BANC OF CALIFORNIA, INC. AND SUBSIDIARIESNotes to Consolidated Financial Statements

The following tables present the credit risk rating categories for loans and leases held for investment by loan portfolio segment and class as of the dates indicated. Classified loans and leases are those with a credit risk rating of either substandard or doubtful.December 31, 2024ClassifiedSpecial MentionPassTotal(In thousands)Real estate mortgage:Commercial$301,278 $348,014 $3,929,480 $4,578,772 Multi-family113,164 202,690 5,725,859 6,041,713 Other residential47,993 14,351 2,744,830 2,807,174 Total real estate mortgage462,435 565,055 12,400,169 13,427,659 Real estate construction and land:Commercial— 148,024 651,107 799,131 Residential— 203,220 2,169,942 2,373,162 Total real estate construction and land— 351,244 2,821,049 3,172,293 Commercial:Asset-based5,003 9,547 2,073,419 2,087,969 Venture capital75,406 125,320 1,337,050 1,537,776 Other commercial19,949 38,741 3,094,394 3,153,084 Total commercial100,358 173,608 6,504,863 6,778,829 Consumer 709 7,408 394,765 402,882 Total $563,502 $1,097,315 $22,120,846 $23,781,663 December 31, 2023ClassifiedSpecial MentionPassTotal(In thousands)Real estate mortgage:Commercial$75,739 $219,687 $4,731,071 $5,026,497 Multi-family74,954 108,356 5,841,869 6,