Banc of California, Inc. (BANC)

Banc of California Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,551	5,374	2,238	4,055	3,158	634.42
Investment Securities	2,590	2,499	3,413	4,791	2,479	1,270
Trading Asset Securities	3.3	3.69	4.05	3.56	4.52	3.43
Mortgage-Backed Securities	2,520	2,678	4,153	6,340	3,043	2,649
Total Investments	5,114	5,181	7,571	11,134	5,526	3,923
Gross Loans	23,554	25,535	28,726	23,026	19,153	18,911
Allowance for Loan Losses	-254.35	-281.69	-200.73	-200.56	-348.18	-138.79
Other Adjustments to Gross Loans	-25.76	-45.04	-116.89	-84.76	-69.98	-63.87
Net Loans	23,273	25,208	28,408	22,741	18,735	18,708
Property, Plant & Equipment	562.37	624.25	584.82	509.12	492.87	491.97
Goodwill	216.77	198.63	1,377	1,406	1,079	2,549
Other Intangible Assets	140.56	165.48	31.38	44.96	23.64	38.39
Loans Held for Sale	28.64	122.76	65.08	-	-	-
Accrued Interest Receivable	129	138.52	157.11	120.33	101.6	81.48
Other Receivables	172.35	262.33	238.76	169.26	122.58	84.08
Restricted Cash	3.5	3.3	2.7	2	2.9	3.2
Other Current Assets	37.64	43.5	26.75	27.63	23	17.1
Long-Term Deferred Tax Assets	706.85	739.11	281.85	-	-	-
Other Real Estate Owned & Foreclosed	8.66	347.04	212.82	12.84	14.03	0.44
Other Long-Term Assets	343.21	-	-	203.84	203.03	199.03
Total Assets	33,433	38,534	41,229	40,443	29,498	26,771
Interest Bearing Deposits	17,986	21,521	21,185	19,968	15,214	11,506
Institutional Deposits	1,030	1,106	1,539	486.89	532.57	483.61
Non-Interest Bearing Deposits	7,812	7,774	11,212	14,543	9,194	7,243
Total Deposits	26,828	30,402	33,936	34,998	24,941	19,233
Short-Term Borrowings	213.33	10.55	1,638	0.93	6.15	1,760
Current Portion of Leases	8.78	39.8	-	2.02	-	-
Accrued Interest Payable	400.1	691.76	465.09	364.3	265.38	183.4
Long-Term Debt	747.88	3,367	527.16	394.63	-	0.01
Long-Term Leases	124.02	121.51	148.4	142.12	139.5	145.35
Trust Preferred Securities	486.1	480.95	471.95	468.65	465.81	458.21
Long-Term Unearned Revenue	0.37	0.42	0.49	0.23	0.36	0.49
Other Long-Term Liabilities	27.57	29.57	91.07	73.07	85.57	35.86
Total Liabilities	29,936	35,143	37,278	36,444	25,903	21,816
Preferred Stock, Redeemable	498.52	498.52	498.52	-	-	-
Common Stock	1.69	1.69	1.23	1.22	1.21	1.22
Additional Paid-In Capital	3,802	3,841	2,821	3,013	3,101	3,306
Retained Earnings	-478.17	-518.3	1,421	1,016	409.39	1,652
Treasury Stock	-	-	-	-97.31	-88.8	-83.43
Comprehensive Income & Other	-328.15	-432.11	-790.9	65.97	172.52	78.66
Total Common Equity	2,998	2,892	3,452	4,000	3,595	4,955
Shareholders' Equity	3,496	3,391	3,951	4,000	3,595	4,955
Total Liabilities & Equity	33,433	38,534	41,229	40,443	29,498	26,771
Total Debt	2,680	4,020	2,785	1,008	611.46	2,363
Net Cash (Debt)	-126.09	1,358	-543.85	3,050	2,551	-1,725
Net Cash Growth	-	-	-	19.59%	-	-
Net Cash Per Share	-0.82	15.90	-7.04	39.66	21.83	-14.50
Filing Date Shares Outstanding	168.6	168.1	117.93	117.32	116.81	115.28
Total Common Shares Outstanding	168.6	168.1	117.82	117.27	116.81	118.27
Book Value Per Share	17.78	17.21	29.30	34.11	30.78	41.89
Tangible Book Value	2,640	2,528	2,044	2,549	2,493	2,368
Tangible Book Value Per Share	15.66	15.04	17.35	21.74	21.34	20.02

Source: S&P Capital IQ. Banks template. Financial Sources.