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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 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 Statement of Financial Condition as of December 31, 2014, and Consolidated Statements of Operations and Cash Flows for the periods indicated: 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)
| Year Ended December 31,
| 2014 |  | 2013
| As Previously Reported |  | Effect of Change in Accounting Principle |  | As Adjusted |  | As Previously Reported |  | Effect of Change in Accounting Principle |  | As Adjusted
| (In thousands, except per share data)
Interest and dividend income | $ | 188,139 |  |  | $ | — |  |  | $ | 188,139 |  |  | $ | 120,511 |  |  | $ | — |  |  | $ | 120,511 |
Interest expense | 32,862 |  |  | — |  |  | 32,862 |  |  | 23,282 |  |  | — |  |  | 23,282 |
Net interest income | 155,277 |  |  | — |  |  | 155,277 |  |  | 97,229 |  |  | — |  |  | 97,229 |
Provision for loan and lease losses | 10,976 |  |  | — |  |  | 10,976 |  |  | 7,963 |  |  | — |  |  | 7,963 |
Noninterest income | 145,637 |  |  | — |  |  | 145,637 |  |  | 96,743 |  |  | — |  |  | 96,743 |
Noninterest expense | 264,161 |  |  | (689 | ) |  | 263,472 |  |  | 178,670 |  |  | (569 | ) |  | 178,101 |
Income before income taxes | 25,777 |  |  | 689 |  |  | 26,466 |  |  | 7,339 |  |  | 569 |  |  | 7,908 |
Income tax expense | (4,541 | ) |  | 802 |  |  | (3,739 | ) |  | 7,260 |  |  | 732 |  |  | 7,992 |
Net income | 30,318 |  |  | (113 | ) |  | 30,205 |  |  | 79 |  |  | (163 | ) |  | (84 | )
Preferred stock dividends | 3,640 |  |  | — |  |  | 3,640 |  |  | 2,185 |  |  | — |  |  | 2,185 |
Net income available for common stockholders | $ | 26,678 |  |  | $ | (113 | ) |  | $ | 26,565 |  |  | $ | (2,106 | ) |  | $ | (163 | ) |  | $ | (2,269 | )
Basic earnings per total common share | $ | 0.91 |  |  | $ | — |  |  | $ | 0.91 |  |  | $ | (0.14 | ) |  | $ | (0.01 | ) |  | $ | (0.15 | )
Diluted earnings per total common share | $ | 0.91 |  |  | $ | (0.01 | ) |  | $ | 0.90 |  |  | $ | (0.14 | ) |  | $ | (0.01 | ) |  | $ | (0.15 | )
BANC OF CALIFORNIA, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
| Year Ended December 31,
| 2014 |  | 2013
| As Previously Reported |  | Effect of Change in Accounting Principle |  | As Adjusted |  | As Previously Reported |  | Effect of Change in Accounting Principle |  | As Adjusted
| (In thousands)
Cash flow from operating activities |  |  |  |  |  |  |  |  |  |  |
Net income | $ | 30,318 |  |  | $ | (113 | ) |  | $ | 30,205 |  |  | $ | 79 |  |  | $ | (163 | ) |  | $ | (84 | )
Total adjustment in net income | (657,834 | ) |  | 113 |  |  | (657,721 | ) |  | (435,568 | ) |  | 163 |  |  | (435,405 | )
Net cash used in operating activities | (627,516 | ) |  | — |  |  | (627,516 | ) |  | (435,489 | ) |  | — |  |  | (435,489 | )
Cash flow from investing activities |  |  |  |  |  |  |  |  |  |  |
Net cash used in investing activities | (463,154 | ) |  | — |  |  | (463,154 | ) |  | (1,303,482 | ) |  | — |  |  | (1,303,482 | )
Cash flow from financing activities |  |  |  |  |  |  |  |  |  |  |
Net cash provided by financing activities | 1,211,751 |  |  | — |  |  | 1,211,751 |  |  | 1,740,446 |  |  | — |  |  | 1,740,446 |
Net increase in cash and cash equivalents | 121,081 |  |  | — |  |  | 121,081 |  |  | 1,475 |  |  | — |  |  | 1,475 |
Cash and cash equivalents at beginning of period | 110,118 |  |  | — |  |  | 110,118 |  |  | 108,643 |  |  | — |  |  | 108,643 |
Cash and cash equivalents at end of period | $ | 231,199 |  |  | $ | — |  |  | $ | 231,199 |  |  | $ | 110,118 |  |  | $ | — |  |  | $ | 110,118 |

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