BANC OF CALIFORNIA, INC.

Overview

Banc of California, Inc. is the holding company for Banc of California, a California-chartered bank focused on relationship-based business banking. It serves small, middle-market and venture-backed businesses with lending, deposit, treasury-management and payment-processing services, as well as community-association management services through its SmartStreet platform.[1][2]

The bank’s branch network is concentrated in California, with additional full-service branches in Denver, Colorado, and Durham, North Carolina; SmartStreet serves customers nationally. Its stated community commitment includes supporting financial literacy and job training, small businesses, and affordable housing.[1]

As of June 30, 2026, the company reported consolidated assets of $35.0 billion.[3] The holding company was incorporated in 2002, and PacWest Bancorp merged into it in 2023.[4][5] [1]+4

Products & services

Banc of California offers business banking and deposit services, including demand, money-market and time deposits, treasury management, payment processing, international and multi-state deposit services, and IntraFi Cash Service/CDARS deposit placement for expanded FDIC coverage. Its commercial financing includes acquisition and merger financing, term loans, lines of credit, asset-based lending, real-estate financing and dividend-recapitalization financing; small-business customers can also access SBA loans.[1]+3

Specialty lending products include lender-finance revolvers and warehouse SPV facilities for specialty lenders and fintechs, plus equipment loans, lines, leases and sale-leasebacks through corporate asset finance. Commercial real-estate financing includes construction, multifamily and warehouse lending. Treasury and cash-management services cover payables, receivables, liquidity, international banking and fraud prevention, with tools such as ACH and wire payments, cards, remote deposit capture, lockbox, merchant services, Positive Pay, reporting and mobile banking. SmartStreet™ provides nationwide banking, payment processing and financial-management tools for community associations.[8]+8

At December 31, 2025, held-for-investment loans were composed of 63% real estate, 36% commercial and 1% consumer loans. Within the portfolio, multifamily loans were 24%, commercial real-estate mortgage loans 17%, residential mortgage loans 14%, and construction and land loans 8%; commercial categories included lender finance at 6%, equipment finance at 3%, premium finance at 2%, and other asset-based lending at 1%. These figures describe loan balances, not shares of revenue.[17] [1]+24

Geographic presence

Banc of California’s 79 full-service branches serve customers throughout California, as well as in Denver, Colorado, and Durham, North Carolina. The company also has regional offices nationwide and offers some services nationally.[18]

At December 31, 2025, the company reported 107 properties: 79 full-service branches and 28 other offices; the vast majority were in California. Its headquarters is in Los Angeles, California.[19] California also accounted for 71% of real-estate loans held for investment in both 2025 and 2024. The company does not report state-by-state revenue, assets, or deposits, or a geographic breakdown of employees in its 2025 annual filing.[20][21] [18]+3

Business segments

Banc of California reports one operating and reportable segment: **Commercial Banking**. Its activities include relationship-based banking and treasury-management services for small, middle-market, and venture-backed businesses; loan and deposit products; payment processing; and community-association management services through SmartStreet.[22][23]

Commercial Banking is the company’s sole reported segment, representing 100% of its reported segment activity. Segment assets were $35.031 billion at June 30, 2026. The company does not separately disclose segment revenue or net interest income, so a contribution percentage by those measures is not available.[24][25] [22]+3

Company history

Banc of California, Inc. was incorporated in Maryland in March 2002 as First PacTrust Bancorp, Inc.[26] It expanded through acquisitions of Beach Business Bank and Gateway Bancorp in 2012 and The Private Bank of California in 2013. During 2013, its bank subsidiaries were consolidated, and the parent company adopted the Banc of California, Inc. name in July.[27]+2

In 2014, the company acquired selected assets and assumed certain liabilities of Banco Popular North America, including 20 California branches; the transaction closed on November 8.[30] In 2023, PacWest Bancorp merged into Banc of California, Inc., which was the legal surviving corporation. The banks were subsequently combined under Pacific Western Bank, which took the Banc of California name.[5]+2 [26]+7

Sources

• BANC OF CALIFORNIA, INC. — Full financial report (2025 Y)
  10 citations

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• BANC OF CALIFORNIA, INC. — Full financial report (2026 Q 2)
  5 citations

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• bancofcal.com[6]
• bancofcal.com[7]
• bancofcal.com[8]
• bancofcal.com[9]
• bancofcal.com[10]
• bancofcal.com[11]
• bancofcal.com[12]
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• bancofcal.com[14]
• bancofcal.com[15]
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• investors.bancofcal.com[21]
• BANC OF CALIFORNIA, INC. — Full financial report (2016 Y)
  4 citations

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• BANC OF CALIFORNIA, INC. — Full financial report (2023 Y)[30]