Banc of california, inc. (BANC)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Interest and dividend income
Loans, including fees

333,934

329,272

281,071

281,868

229,025

180,761

116,673

51,942

30,997

35,439

42,312

Securities

48,134

83,567

99,742

79,527

20,263

5,158

2,632

2,736

3,963

5,289

4,266

Other interest-earning assets

9,043

9,957

8,377

8,449

4,519

2,220

1,206

353

217

216

88

Total interest and dividend income

391,111

422,796

389,190

369,844

253,807

188,139

120,511

55,031

35,177

40,944

46,666

Interest expense
Deposits

101,099

91,236

60,414

40,220

25,783

24,411

16,051

5,960

4,989

7,933

1,429

NOW

-

-

-

-

-

-

-

-

-

-

202

Money market

-

-

-

-

-

-

-

-

-

-

815

Certificates of deposit

-

-

-

-

-

-

-

-

-

-

10,353

Federal Home Loan Bank advances

32,285

34,995

12,951

5,717

2,120

527

269

348

1,048

2,855

5,177

Securities sold under repurchase agreements

62

1,033

880

818

18

1

-

-

-

-

-

Long-term debt and other interest-bearing liabilities

9,502

9,456

10,755

12,744

14,700

7,923

6,962

2,171

-

-

-

Total interest expense

142,948

136,720

85,000

59,499

42,621

32,862

23,282

8,479

6,037

10,788

17,976

Net interest income

248,163

286,076

304,190

310,345

211,186

155,277

97,229

46,552

29,140

30,156

28,690

Provision for loan losses

36,387

30,215

13,699

5,271

7,469

10,976

7,963

5,500

5,388

8,957

17,296

Net interest income after provision for credit losses

211,776

255,861

290,491

305,074

203,717

144,301

89,266

41,052

23,752

21,199

11,394

Noninterest income
Customer service fees

5,982

6,315

6,492

5,147

4,057

1,490

1,942

1,883

1,473

1,336

1,383

Loan servicing income

679

3,720

1,025

633

1,406

4,199

2,049

92

-

-

-

Mortgage loan prepayment penalties

-

-

-

-

-

-

-

-

-

-

-42

Bank Owned Life Insurance Income

2,292

2,176

2,339

2,341

1,076

224

177

253

300

219

369

Impairment loss on investment securities

731

3,252

0

0

-

-

-

-

-

-

-

Net (loss) gain on sale of securities available-for-sale

-4,852

5,532

14,768

29,405

3,258

1,183

331

-83

2,888

3,274

-

Gain (Loss) on Sales of Loans, Net

7,872

1,932

11,942

35,895

37,211

19,828

8,700

1,106

-

-

-

Net loss on sale of mortgage servicing rights

0

-2,300

0

0

-

-

-

-

-

-

-

Net revenue on mortgage banking activities

-

-

-

-

-

95,430

67,890

21,310

-

-

-

Advisory service fees

-

-

-

-

9,868

12,904

377

0

-

-

-

Loan brokerage income

-

-

-

-

2,825

8,674

1,356

1

-

-

-

Gain on sale of building

-

-

-

-

9,919

0

0

-

-

-

-

Gain on sale of branches

-

-

-

-

-

456

12,104

0

-

-

-

Gain on sale of subsidiary

-

-

-

3,694

0

0

-

-

-

-

-

Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal

-

-

-

2,629

0

0

-

-

-

-

-

Bargain purchase gain

-

-

-

-

-

-

-

11,627

-

-

-

Other income

874

9,752

8,104

18,886

6,128

1,249

1,817

430

252

50

19

Total noninterest income

12,116

23,915

44,670

98,630

75,748

145,637

96,743

36,619

4,913

4,879

1,813

Noninterest expense
Salaries and employee benefits

105,915

109,974

129,153

146,147

114,845

162,879

110,687

41,891

13,914

9,866

6,504

Occupancy and equipment

31,308

31,847

38,391

34,797

30,365

33,443

19,662

7,902

2,848

1,914

1,950

Professional fees

12,212

33,652

42,417

30,373

19,500

19,247

13,864

7,888

2,121

947

564

Outside service fees

1,697

4,667

5,840

6,989

4,448

6,372

-

-

-

-

-

Stationery paper, supplies, and postage

-

-

-

-

-

-

-

-

-

-

344

Data processing

6,420

6,951

7,888

8,311

6,011

5,231

4,710

3,011

1,345

1,152

1,022

Advertising and promotion

8,422

12,664

5,313

6,894

3,467

5,016

4,361

1,046

477

232

178

Regulatory assessments

7,711

7,678

8,105

8,186

5,644

4,182

2,535

1,519

1,513

1,878

-

Loss on investments in alternative energy partnerships, net

-1,694

-5,044

-30,786

-31,510

0

0

-

-364

-313

-327

-338

Loan servicing and foreclosure expense

-

-

-

-

-

-

905

980

1,282

1,118

1,141

ATM costs

-

-

-

-

-

-

-

-

-

-

363

FDIC expense

-

-

-

-

-

-

-

-

-

-

1,649

Valuation allowance for other real estate owned

-

-

-

-

-

-

97

703

4,843

2,679

-700

Net gain on sales of other real estate owned

-

-

-

-

-

-

464

464

-760

-332

-79

Reversal of provision for loan repurchases

-660

-2,488

-1,812

-3,352

2,326

2,808

2,383

256

-

-

-

Amortization of Intangible Assets

2,200

3,000

3,900

4,851

5,836

4,079

2,651

696

-

-

-

Impairment on intangible assets

0

0

336

690

258

48

1,061

0

-

-

-

Restructuring expense

4,263

4,431

5,326

0

0

-

-

-

-

-

-

All other expense

14,737

15,358

32,597

27,819

17,599

20,167

15,649

5,768

2,273

1,772

-

Other general and administrative

-

-

-

-

-

-

-

-

-

-

1,069

Total noninterest expense

195,914

232,785

308,268

303,215

210,299

263,472

178,101

71,560

31,689

22,217

15,901

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

27,978

46,991

26,893

100,489

69,166

26,466

7,908

6,111

-3,024

3,861

-2,694

Income tax (benefit) expense

4,219

4,844

-26,581

13,749

28,048

-3,739

7,992

115

-296

1,036

-1,695

Income from continuing operations

23,759

42,147

53,474

86,740

41,118

-

-

-

-

-

-

Income from discontinued operations before income taxes (including net gain on disposal of $0, $1,439 and $13,796 for the year ended December 31, 2019, 2018 and 2017)

0

4,596

7,164

48,917

35,100

-

-

-

-

-

-

Income tax expense

0

1,271

2,929

20,241

14,146

-

-

-

-

-

-

Income from discontinued operations

0

3,325

4,235

28,676

20,954

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

23,759

45,472

57,709

115,416

62,072

30,205

-84

5,996

-2,728

2,825

-999

Preferred Stock Dividends, Income Statement Impact

15,559

19,504

20,451

19,914

9,823

3,640

2,185

1,359

534

-

-

Income allocated to participating securities

0

0

311

-

-

-

-

-

-

-

-

Distributed Earnings (Loss) Allocated to Participating Securities, Basic

483

811

811

-

-

-

-

-

-

-

-

Preferred Stock Redemption Premium

5,093

2,307

0

0

-

-

-

-

-

-

-

Net (loss) income available to common stockholders

2,624

22,850

36,136

95,502

52,249

26,565

-2,269

4,637

-3,262

1,865

-2,002

Earnings Per Share, Basic [Abstract]
Income from continuing operations (in dollars per share)

0.05

0.38

0.64

1.36

0.79

-

-

-

-

-

-

Income from discontinued operations (in dollars per share)

0.00

0.07

0.08

0.61

0.57

-

-

-

-

-

-

Preferred stock dividends and discount accretion

-

-

-

-

-

-

-

-

-

960

1,003

Earnings Per Share, Basic

0.05

0.45

0.72

1.97

1.36

0.91

-0.15

0.40

-0.31

0.37

-0.48

Earnings Per Share, Diluted [Abstract]
Income from continuing operations (in dollars per share)

0.05

0.38

0.63

1.34

0.78

-

-

-

-

-

-

Income from discontinued operations (in dollars per share)

0.00

0.07

0.08

0.60

0.56

-

-

-

-

-

-

Earnings Per Share, Diluted

0.05

0.45

0.71

1.94

1.34

0.90

-0.15

0.40

-0.31

0.37

-0.48

Class A Common Stock
Income from continuing operations

23,535

41,732

53,136

86,500

-

-

-

-

-

-

-

Income from discontinued operations

0

3,292

4,208

28,597

-

-

-

-

-

-

-

Less: Income allocated to participating securities

0

0

309

-

-

-

-

-

-

-

-

Income from continuing operations (in dollars per share)

0.05

0.38

0.64

1.36

-

-

-

-

-

-

-

Income from discontinued operations (in dollars per share)

0.00

0.07

0.08

0.61

-

-

-

-

-

-

-

Income from continuing operations (in dollars per share)

0.05

0.38

0.63

1.34

-

-

-

-

-

-

-

Income from discontinued operations (in dollars per share)

0.00

0.07

0.08

0.60

-

-

-

-

-

-

-

Class B Common Stock
Income from continuing operations

224

415

338

240

-

-

-

-

-

-

-

Income from discontinued operations

0

33

27

79

-

-

-

-

-

-

-

Preferred Stock Dividends, Income Statement Impact

147

192

129

55

-

-

-

-

-

-

-

Less: Income allocated to participating securities

0

0

2

-

-

-

-

-

-

-

-

Distributed Earnings (Loss) Allocated to Participating Securities, Basic

5

8

5

-

-

-

-

-

-

-

-

Preferred Stock Redemption Premium

48

23

0

0

-

-

-

-

-

-

-

Income from continuing operations (in dollars per share)

0.05

0.38

0.64

1.36

-

-

-

-

-

-

-

Income from discontinued operations (in dollars per share)

0.00

0.07

0.08

0.61

-

-

-

-

-

-

-

Earnings Per Share, Basic

0.05

0.45

0.72

1.97

-

-

-

-

-

-

-

Income from continuing operations (in dollars per share)

0.05

0.38

0.64

1.36

-

-

-

-

-

-

-

Income from discontinued operations (in dollars per share)

0.00

0.07

0.08

0.61

-

-

-

-

-

-

-

Earnings Per Share, Diluted

0.05

0.45

0.72

1.97

-

-

-

-

-

-

-

Voting
Preferred Stock Dividends, Income Statement Impact

15,412

19,312

20,322

19,859

-

-

-

-

-

-

-

Distributed Earnings (Loss) Allocated to Participating Securities, Basic

478

803

806

-

-

-

-

-

-

-

-

Preferred Stock Redemption Premium

5,045

2,284

0

0

-

-

-

-

-

-

-

Earnings Per Share, Basic

0.05

0.45

0.72

1.97

-

-

-

-

-

-

-

Earnings Per Share, Diluted

0.05

0.45

0.71

1.94

-

-

-

-

-

-

-