Company: BANC-PF
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001169770-25-000024
Chunk: 156

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 8
Chunk 156
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 % Tennessee31,075 3 % Florida21,954 2 %Total of ten largest states1,116,528 89 %All other states135,927 11 %Total municipal securities held-to-maturity$1,252,455 100 %

80

Loans and Leases Held for Investment     

The following table presents the composition of our loans and leases held for investment by loan portfolio segment, class, and subclass as of the dates indicated:

March 31, 2025December 31, 2024% of% ofLoan and Lease Portfolio BalanceTotalBalanceTotal(Dollars in thousands)Real Estate Mortgage:Commercial real estate$3,451,440 14 %$3,540,612 15 %SBA program630,071 3 %630,412 2 %Hotel408,032 2 %407,748 2 %Total commercial real estate mortgage4,489,543 19 %4,578,772 19 %Multi-family6,216,084 26 %6,041,713 26 %Residential mortgage2,684,213 11 %2,682,667 11 %Investor-owned residential86,672 — %102,778 1 %Residential renovation16,146 — %21,729 — %Total other residential real estate2,787,031 11 %2,807,174 12 %Total real estate mortgage13,492,658 56 %13,427,659 57 %Real Estate Construction and Land:Commercial 733,684 3 %799,131 3 %Residential2,127,354 9 %2,373,162 10 %Total real estate construction and land (1)2,861,038 12 %3,172,293 13 %Total real estate 16,353,696 68 %16,599,952 70 %Commercial:Lender finance 954,294 4 %727,913 3 %Equipment finance626,020 2 %621,888 3 %Premium finance517,761 2 %546,393 2 %Other asset-based207,250 1 %191,775 1 %Total asset-based2,305,325 9 %2,087,969