Banc of California
Los Angeles, California, Los Angeles County
$34.9B in total assets, the 65th largest of 4,309 US banks and 3rd of 120 headquartered in California.
- FDIC certificate
- 24045
- Established
- 1982
- Owned by
- Banc Of California Inc
- Primary regulator
- FED
- Website
- www.bancofcal.com
At a glance
Compared with 9 banks headquartered in California with $10 billion to $100 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $34.9B | 78% | $21.2B | |
| Loans | $25.1B | 78% | $15.0B | |
| Deposits | $28.2B | 78% | $18.1B | |
| Return on assets | 0.04% | 2% | 1.28% | |
| Net interest margin | 3.31% | 44% | 3.47% | |
| Efficiency ratio | 61.5% | 78% | 51.5% | |
| Equity to assets | 10.79% | 22% | 12.58% | |
| Loans to deposits | 89% | 67% | 84% |
Growth
Total assets grew 0.0% a year over the last 5 years and 5.2% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Dec 2023 | Banc of California, National Association Santa Ana, CA, an affiliate under the same holding company | $9.2B |
| Oct 2017 | California United Bank Los Angeles, CA | $3.1B |
| Oct 2015 | Square 1 Bank Durham, NC | $4.0B |
| Apr 2014 | CapitalSource Bank Los Angeles, CA | $8.3B |
| Jun 2013 | First California Bank Westlake Village, CA | $1.7B |
| Aug 2012 | American Perspective Bank San Luis Obispo, CA | $271M |
| Aug 2010 | Los Padres Bank Solvang, CA | $866M |
| Aug 2009 | Affinity Bank Ventura, CA | $1.2B |
| Nov 2008 | Security Pacific Bank Los Angeles, CA | $528M |
| Oct 2006 | First National Bank Rancho Santa Fe, CA | $1.2B |
| Oct 2006 | Community National Bank Escondido, CA | $879M |
| May 2006 | Foothill Independent Bank Glendora, CA | $750M |
| Jan 2006 | Cedars Bank Los Angeles, CA | $438M |
| Oct 2005 | Pacific Liberty Bank Huntington Beach, CA | $163M |
| Aug 2005 | First American Bank Rosemead, CA | $239M |
| Apr 2004 | Harbor National Bank Newport Beach, CA | $181M |
| Aug 2003 | Verdugo Banking Company Glendale, CA | $186M |
| Aug 2002 | Marathon National Bank Los Angeles, CA | $111M |
| Aug 2002 | Upland Bank Upland, CA | $112M |
| Jan 2002 | First Community Bank of the Desert Indian Wells, CA | $147M |
| Jan 2002 | Pacific Western National Bank Pico Rivera, CA | $259M |
| Oct 2001 | First Charter Bank, National Association Beverly Hills, CA | $127M |
Where they operate
79 branches in 14 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Los Angeles County, CA | $15.2B | 3.0% | 8 of 91 |
| Durham County, NC | $7.1B | 53.9% | 1 of 14 |
| San Diego County, CA | $1.6B | 1.2% | 10 of 42 |
| Orange County, CA | $1.3B | 0.8% | 20 of 73 |
| San Bernardino County, CA | $679M | 1.8% | 9 of 29 |
| Riverside County, CA | $649M | 1.6% | 13 of 26 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net loss of 3 branches since 2016 (82 to 79, −3.7%). 3 opened, 34 acquired, 40 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 82 | |||
| 2016 | Opened SanteeClosed Nipomo and Santee | 1 | 2 | −1 | 81 |
| 2017 | Acquired California United BankSold 2 branches to First Foundation Bank, closed 8 in California | 7 | 10 | −3 | 78 |
| 2018 | Closed Newport Beach and Torrance | 0 | 2 | −2 | 76 |
| 2019 | Opened Denver | 1 | 0 | +1 | 77 |
| 2020 | Closed 4 in California | 0 | 4 | −4 | 73 |
| 2021 | Closed Ventura | 0 | 1 | −1 | 72 |
| 2022 | Opened RosemeadClosed Rosemead | 1 | 1 | 0 | 72 |
| 2023 | Acquired Banc of California, National AssociationClosed Chino and Tustin | 27 | 2 | +25 | 97 |
| 2024 | Closed 15 in California | 0 | 15 | −15 | 82 |
| 2025 | Closed Newport Beach | 0 | 1 | −1 | 81 |
| 2026 through Q2 | Closed Bonsall and San Diego | 0 | 2 | −2 | 79 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Multifamily | 23% | 10% | |
| Commercial real estate | 17% | 32% | |
| 1-4 family residential | 15% | 31% | |
| Business (C&I) | 12% | 10% | |
| Construction and land | 7% | 3% | |
| Consumer | 1% | 2% | |
| Other | 23% | 11% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 56% | 54% | |
| Noninterest-bearing | 28% | 26% | |
| Time deposits | 16% | 20% |
Brokered deposits are 25.6% of deposits (peers 6.2%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 2.21% | 0.44% |
| Net charge-offs, annualized | 1.39% | 0.04% |
| Reserves to loans | 0.97% | 1.06% |
| Leverage ratio | 9.64% | 10.82% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in California
Largest competitors in Los Angeles County, CA
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banc-california