Company: BANC-PF
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-050892
Chunk: 13

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 2
Chunk 13
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74.88 %Capital Ratios (consolidated):Common equity tier 1 capital ratio10.14 %9.95 %Tier 1 capital ratio12.56 %12.34 %Total capital ratio16.69 %16.37 %Tier 1 leverage capital ratio9.77 %9.74 %Risk-weighted assets$26,025,644 $26,352,199 

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(1)    Shares include non-voting common stock equivalents that are participating securities.

(2)    See "- Non-GAAP Financial Measures."

(3)    Annualized.

(4)    Total revenue equals the sum of net interest income and noninterest income.

(5)    Ratio calculated by dividing noninterest expense (less intangible asset amortization and acquisition, integration and reorganization costs) by total revenue (less gain/loss on sale of securities). See "- Non-GAAP Financial Measures." Noninterest expense includes customer related expense of $26.2 million and $26.6 million for the three months ended September 30, 2025 and June 30, 2025, and $80.6 million and $97.8 million for the nine months ended September 30, 2025 and 2024.

84

Net Interest Income and Net Interest Margin

The following tables summarize the distribution of average assets, liabilities, and stockholders’ equity, as well as interest income and yields earned on average interest-earning assets and interest expense and rates paid on average interest-bearing liabilities, presented on a tax equivalent basis, for the periods indicated:

Three Months EndedSeptember 30, 2025June 30, 2025InterestYieldsInterestYieldsAverageIncome/andAverageIncome/andBalanceExpenseRatesBalanceExpenseRates(Dollars in thousands)ASSETS:Loans and leases (1)$24,458,255 $372,723 6.05 %$24,504,319 $362,303 5.93 %Investment securities 4,782,070 38,291 3.18 %4,719,954 37,616 3.20 %Deposits in financial institutions1,958,011 21,527 4.36 %1,872,736 20,590 4.41 %Total interest‑earning assets 31,198,336 432,541 5.