XML 30 R18.htm IDEA: XBRL DOCUMENT

FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS	6 Months Ended
FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS	Jun. 30, 2016
Banking and Thrift [Abstract]
FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS	FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS At June 30, 2016, $750.0 million of the Bank's advances from the FHLB were fixed-rate and had interest rates ranging from 0.38 percent to 1.61 percent with a weighted average interest rate of 0.51 percent and $180.0 million of the Bank’s advances from the FHLB were variable-rate and had a weighted average interest rate of 0.47 percent. At December 31, 2015, $200.0 million of the Bank’s advances from the FHLB were fixed-rate and had interest rates ranging from 0.50 percent to 1.61 percent with a weighted average interest rate of 0.89 percent, and $730.0 million of the Bank’s advances from the FHLB were variable-rate and had a weighted average interest rate of 0.27 percent. Each advance is payable at its maturity date. Advances paid early are subject to a prepayment penalty. At June 30, 2016 and December 31, 2015, the Bank’s advances from the FHLB were collateralized by certain real estate loans with an aggregate unpaid principal balance of $3.89 billion and $3.38 billion, respectively. The Bank’s investment in capital stock of the FHLB of San Francisco totaled $58.6 million and $39.2 million at June 30, 2016 and December 31, 2015, respectively. Based on this collateral and the Bank’s holdings of FHLB stock, the Bank was eligible to borrow an additional $2.17 billion at June 30, 2016. The Bank maintained a line of credit of $142.7 million from the Federal Reserve Discount Window, to which the Bank pledged loans with a carrying value of $38.8 million with no outstanding borrowings at June 30, 2016. The Bank also maintained available unsecured federal funds lines with correspondent banks totaling $85.0 million and unused repurchase agreements of up to $1.00 billion, subject to pledging additional investment securities, at June 30, 2016. Banc of California, Inc. maintains a line of credit of $75.0 million with an unaffiliated financial institution. The line has a maturity date of April 18, 2017 and a floating interest rate equal to a LIBOR rate plus 2.25 percent or a prime rate. The proceeds of the line are to be used for working capital purposes. The Company had no outstanding borrowings under this line of credit at June 30, 2016.