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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 3 Months Ended
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Mar. 31, 2015
Accounting Policies [Abstract] |
Schedule of Changes in Accounting Policies | The following tables present the effect of the retrospective application of this change in accounting principle on the Company’s Consolidated Statements of Financial Condition, Consolidated Statements of Operations and Consolidated Statement of Cash Flows for the respective periods: BANC OF CALIFORNIA, INC. CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Unaudited)
| December 31, 2014
| As Previously Reported |  | Effect of Change in Accounting Principle |  | As Adjusted
| (In thousands)
Assets |  |  |  |  |
Cash and cash equivalents | $ | 231,199 |  |  | $ | — |  |  | $ | 231,199 |
Time deposits in financial institutions | 1,900 |  |  | — |  |  | 1,900 |
Securities available for sale | 345,695 |  |  | — |  |  | 345,695 |
Loans held for sale | 1,187,090 |  |  | — |  |  | 1,187,090 |
Loans and leases receivable | 3,919,642 |  |  | — |  |  | 3,919,642 |
Deferred income tax | 16,445 |  |  | (72 | ) |  | 16,373 |
Other assets | 269,600 |  |  | (202 | ) |  | 269,398 |
Total assets | $ | 5,971,571 |  |  | $ | (274 | ) |  | $ | 5,971,297 |
Liabilities and stockholders' equity |  |  |  |  |
Liabilities | $ | 5,467,982 |  |  | $ | — |  |  | $ | 5,467,982 |
Stockholders' equity | 503,589 |  |  | (274 | ) |  | 503,315 |
Total liabilities and stockholders' equity | $ | 5,971,571 |  |  | $ | (274 | ) |  | $ | 5,971,297 |
BANC OF CALIFORNIA, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
| Three Months Ended March 31, 2014
| As Previously Reported |  | Effect of Change in Accounting Principle |  | As Adjusted
| (In thousands, except per share data)
Interest and dividend income | $ | 42,776 |  |  | $ | — |  |  | $ | 42,776 |
Interest expense | 7,591 |  |  | — |  |  | 7,591 |
Net interest income | 35,185 |  |  | — |  |  | 35,185 |
Provision for loan and lease losses | 1,929 |  |  | — |  |  | 1,929 |
Noninterest income | 25,278 |  |  | — |  |  | 25,278 |
Noninterest expense | 57,768 |  |  | (174 | ) |  | 57,594 |
Income before income taxes | 766 |  |  | 174 |  |  | 940 |
Income tax expense | 9 |  |  | 182 |  |  | 191 |
Net income | 757 |  |  | (8 | ) |  | 749 |
Preferred stock dividends | 910 |  |  | — |  |  | 910 |
Net loss available for common stockholders | $ | (153 | ) |  | $ | (8 | ) |  | $ | (161 | )
Basic earnings for total common stockholders | $ | (0.01 | ) |  | $ | — |  |  | $ | (0.01 | )
Diluted earnings (loss) per total common share | $ | (0.01 | ) |  | $ | — |  |  | $ | (0.01 | )
BANC OF CALIFORNIA, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
| Three Months Ended March 31, 2014
| As Previously Reported |  | Effect of Change in Accounting Principle |  | As Adjusted
| (In thousands)
Cash flow from operating activities |  |  |  |  |
Net income | $ | 757 |  |  | $ | (8 | ) |  | $ | 749 |
Total adjustment in net income | (268,684 | ) |  | 8 |  |  | (268,676 | )
Net cash used in operating activities | (267,927 | ) |  | — |  |  | (267,927 | )
Cash flow from investing activities |  |  |  |  |
Net cash provided by investing activities | 88,474 |  |  | — |  |  | 88,474 |
Cash flow from financing activities |  |  |  |  |
Net cash provided by financing activities | 402,974 |  |  | — |  |  | 402,974 |
Net increase in cash and cash equivalents | 223,521 |  |  | — |  |  | 223,521 |
Cash and cash equivalents at beginning of period | 110,118 |  |  |  |  | 110,118 |
Cash and cash equivalents at end of period | $ | 333,639 |  |  | $ | — |  |  | $ | 333,639 |

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- Definition Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 01 -Paragraph b -Subparagraph 6 -Article 10 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=28359718&loc=d3e22499-107794 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=28359718&loc=d3e22580-107794 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Direct Effects of a Change in Accounting Principle -URI http://asc.fasb.org/extlink&oid=6510796 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Indirect Effects of a Change in Accounting Principle -URI http://asc.fasb.org/extlink&oid=6515603 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Accounting Change -URI http://asc.fasb.org/extlink&oid=6503790 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Change in Accounting Principle -URI http://asc.fasb.org/extlink&oid=6507316 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.10-01.(b)(6)) -URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Retrospective Application -URI http://asc.fasb.org/extlink&oid=6523989 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=28359718&loc=d3e22583-107794 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305 + Details
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