{"schema_version":"secwatch.filing_event.v1","accession":"0001169770-22-000002","form_type":"8-K","ticker":"BANC","cik":"0001169770","company_name":"BANC OF CALIFORNIA, INC.","filed_at":"2022-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:04:05.570192+00:00","generated_at":"2026-06-27T15:46:55.954861+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Banc of California Q4 net income $5.8M ($0.07 EPS) includes $13.5M merger costs; PMB acquisition completed","bullets":["Net income $5.8M ($0.07 diluted EPS) vs $23.2M ($0.42) in Q3; includes $13.5M pre-tax merger costs.","Completed acquisition of Pacific Mercantile Bancorp on Oct 18, 2021 for $225.4M; added $1.54B assets.","Adjusted pre-tax pre-provision ROAA increased to 1.39% from 1.34% in Q3; core earnings improved.","Net interest margin flat at 3.28%; noninterest-bearing deposits rose to 37% of total deposits.","Announced intention to redeem Series E Preferred Stock in H1 2022, subject to regulatory approval."],"urls":{"canonical":"https://secwatch.observer/filing/0001169770-22-000002","json":"https://secwatch.observer/filing/0001169770-22-000002.json","markdown":"https://secwatch.observer/filing/0001169770-22-000002.md","text":"https://secwatch.observer/filing/0001169770-22-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1169770/000116977022000002/0001169770-22-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1169770/000116977022000002/banc-20220125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T15:46:55.954861+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}