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Banc of California, Inc. (BANC)

NYSE - NYSE Delayed Price. Currency in USD
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18.62-0.45 (-2.36%)
At close: 4:00PM EDT
18.62 0.00 (0.00%)
After hours: 05:37PM EDT

Banc of California, Inc.

3 MacArthur Place
Santa Ana, CA 92707
United States
855 361 2262
http://bancofcal.com

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees600

Key Executives

NameTitlePayExercisedYear Born
Mr. Jared M. WolffPres, CEO & Director1.35MN/A1970
Ms. Lynn M. HopkinsCFO & Exec. VP681.98kN/A1968
Mr. Ido Dotan J.D.Exec. VP, Gen. Counsel & Corp. Sec.550.05kN/A1980
Ms. Lynn A. SullivanExec. VP & Chief Risk Officer640.4kN/A1969
Mr. Robert G. DyckExec. VP & Chief Credit Officer496.85kN/A1957
Mr. John K. SotoodehChief Operating OfficerN/AN/AN/A
Ms. Diana C. HansonSr. VP & Chief Accounting OfficerN/AN/A1969
Mr. Alex KweskinExec. VP & Chief HR OfficerN/AN/AN/A
Mr. Joubin RahimiSr. VP of Private BankingN/AN/AN/A
Mr. Douglas RosenthalSr. VP & Relationship Mang.N/AN/AN/A
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Banc of California, Inc. operates as the bank holding company for Banc of California, National Association that provides banking products and services in the United States. The company offers deposit products, including checking, savings, money market, retirement, and interest-bearing and noninterest-bearing demand accounts, as well as certificate of deposits. It also provides various commercial and consumer loan products, such as commercial and industrial loans; commercial real estate and multifamily loans; construction loans; single family residential mortgage loans; warehouse and indirect/direct leveraged lending; home equity lines of credit; small business administration loans; and other consumer loans. In addition, the company offers automated bill payment, cash and treasury management, foreign exchange, card payment, remote and mobile deposit capture, automated clearing house origination, wire transfer, direct deposit, and internet banking services; and master demand accounts, interest rate swaps, and safe deposit boxes. Further, it invests in collateralized loan obligations, agency securities, municipal bonds, agency residential mortgage-backed securities, and corporate debt securities. As of December 31, 2020, the company operated 29 full-service branches in Southern California. The company was formerly known as First PacTrust Bancorp, Inc. and changed its name to Banc of California, Inc. in July 2013. Banc of California, Inc. was founded in 1941 and is headquartered in Santa Ana, California.

Corporate Governance

Banc of California, Inc.’s ISS Governance QualityScore as of September 26, 2021 is 2. The pillar scores are Audit: 3; Board: 1; Shareholder Rights: 6; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.