Banc of California, Inc. (BANC)

12.40 -0.29 (-2.29%) At close: 04:00PM EDT

Banc of California, Inc.

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

Sector(s): Financial Services
Industry: Banks—Regional
Full Time Employees: 685

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Jared M. Wolff	Pres, CEO & Director	1.89M	N/A	1970
Ms. Lynn M. Hopkins	CFO & Exec. VP	894.83k	N/A	1968
Mr. Ido Dotan J.D.	Exec. VP, Gen. Counsel, Corp. Sec. & Chief Admin. Officer	674.77k	N/A	1981
Mr. Robert G. Dyck	Exec. VP & Chief Credit Officer	587.35k	N/A	1957
Mr. Hamid Hussain	Pres	N/A	N/A	N/A
Mr. John K. Sotoodeh	Chief Operating Officer	N/A	N/A	1970
Mr. Raymond J. Rindone	Exec. VP, Chief Accounting Officer & Deputy CFO	N/A	N/A	1971
Mr. Alex Kweskin	Exec. VP & Chief HR Officer	N/A	N/A	N/A
Mr. Joubin Rahimi	Sr. VP of Private Banking	N/A	N/A	N/A
Mr. Douglas Rosenthal	Sr. VP & Relationship Mang.	N/A	N/A	N/A

Amounts are as of December 31, 2021 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 and financial products and services in the United States. The company offers deposit products, including interest-bearing and noninterest-bearing demand, checking, savings, and money market deposits accounts; certificate of deposits; and retirement accounts and safe deposit boxes. 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 consumer loans comprising lines of credit and term loans, as well as and other consumer loans, including automobile loans. In addition, the company offers automated bill payment, cash and treasury management, foreign exchange, interest rate swaps, card payment, remote and mobile deposit capture, automated clearing house origination, wire transfer, direct deposit, and internet banking services; and master demand accounts. Further, it invests in agency securities, municipal bonds, agency residential mortgage-backed securities, and corporate debt securities. 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 March 1, 2023 is 3. The pillar scores are Audit: 5; Board: 1; Shareholder Rights: 5; 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.