Company: BANC-PF
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001169770-25-000024
Chunk: 99

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 8
Chunk 99
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Charge-offs(5,789)— (9,582)(1,180)(16,551)Recoveries311 — 2,104 62 2,477 Net charge-offs(5,478)— (7,478)(1,118)(14,074)Provision (10,160)3,184 15,634 1,042 9,700 Balance, end of period$130,116 $14,124 $75,989 $14,757 $234,986 Ending Allowance by Evaluation Methodology:Individually evaluated $1,702 $— $1,625 $— $3,327 Collectively evaluated $128,414 $14,124 $74,364 $14,757 $231,659 Ending Loans and Leases by Evaluation Methodology:Individually evaluated $198,839 $— $11,371 $— $210,210 Collectively evaluated 13,293,819 2,861,038 7,367,428 394,032 23,916,317 Ending balance$13,492,658 $2,861,038 $7,378,799 $394,032 $24,126,527 

36

BANC OF CALIFORNIA, INC. AND SUBSIDIARIESNotes to Condensed Consolidated Financial Statements (Unaudited)

Three Months Ended March 31, 2024Real EstateReal EstateConstructionMortgageand LandCommercialConsumerTotal(In thousands)Allowance for Loan and Lease Losses:Balance, beginning of period $186,827 $33,830 $45,156 $15,874 $281,687 Charge-offs(2,477)— (704)(1,833)(5,014)Recoveries891 — 2,869 70 3,830 Net (charge-offs) recoveries(1,586)— 2,165 (1,763)(1,184)Provision 13,033 (3,819)(267)2,053 11,000 Balance, end of period$198,274 $30,011 $47,054 $16,164 $291,503 Ending Allowance by Evaluation Methodology:Individually evaluated $8,336 $— $7 $—