XML 49 R39.htm IDEA: XBRL DOCUMENT
v3.10.0.1

SERVICING RIGHTS (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2018
Transfers and Servicing [Abstract] |
Schedule of Income (Loss) from Servicing Rights | The following table presents a composition of total income from servicing rights, which is reported in Loan Servicing Income on the Consolidated Statements of Operations, on a consolidated operations basis, for the three and nine months ended September 30, 2018 and 2017:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
($ in thousands) |  | 2018 |  | 2017 |  | 2018 |  | 2017
Servicing fees for sold loans with servicing retained |  | $ | 472 |  |  | $ | 4,521 |  |  | $ | 4,612 |  |  | $ | 15,352 |
Losses on the fair value and runoff of servicing rights |  | (33 | ) |  | (3,968 | ) |  | (914 | ) |  | (10,360 | )
Total income from servicing rights |  | $ | 439 |  |  | $ | 553 |  |  | $ | 3,698 |  |  | $ | 4,992 |
Servicing Rights | The following table presents a composition of servicing rights, on a consolidated operations basis, as of the dates indicated:
($ in thousands) |  | September 30, 2018 |  | December 31, 2017
Mortgage servicing rights, at fair value |  | $ | 2,029 |  |  | $ | 31,852 |
SBA servicing rights, at amortized cost |  | 1,741 |  |  | 1,856 |
Total |  | $ | 3,770 |  |  | $ | 33,708 |
Mortgage Servicing Rights Fair Value and Weighted Average Life | The following table presents the key characteristics, inputs and economic assumptions used to estimate the fair value of the MSRs as of the dates indicated:
($ in thousands) |  | September 30, 2018 |  | December 31, 2017
Fair value of retained MSRs |  | $ | 1,963 |  |  | $ | 2,059 |
Discount rate |  | 13.00 | % |  | 13.00 | %
Constant prepayment rate |  | 16.25 | % |  | 16.54 | %
Weighted-average life |  | 5.16 years |  |  | 5.07 years |
Mortgage Servicing Rights | The following table presents activity in the MSRs, on a consolidated operations basis, for the periods indicated:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
($ in thousands) |  | 2018 |  | 2017 |  | 2018 |  | 2017
Balance at beginning of period |  | $ | 2,062 |  |  | $ | 42,109 |  |  | $ | 31,852 |  |  | $ | 76,121 |
Additions |  | — |  |  | 574 |  |  | — |  |  | 12,126 |
Sales of servicing rights (1) |  | — |  |  | — |  |  | (28,549 | ) |  | (39,186 | )
Changes in fair value resulting from valuation inputs or assumptions |  | 33 |  |  | (1,905 | ) |  | (1,057 | ) |  | (4,984 | )
Other |  | (66 | ) |  | (2,063 | ) |  | (217 | ) |  | (5,362 | )
Balance at end of period |  | $ | 2,029 |  |  | $ | 38,715 |  |  | $ | 2,029 |  |  | $ | 38,715 |
(1) Includes $37.8 million of MSRs sold as a part of discontinued operations for the nine months ended September 30, 2017.
Small Business Administration Servicing Rights | The following table presents activity in the SBA servicing rights for the periods indicated:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
($ in thousands) |  | 2018 |  | 2017 |  | 2018 |  | 2017
Balance at beginning of period |  | $ | 1,807 |  |  | $ | 1,725 |  |  | $ | 1,856 |  |  | $ | 1,496 |
Additions |  | 18 |  |  | 133 |  |  | 127 |  |  | 479 |
Amortization, including prepayments |  | (75 | ) |  | (59 | ) |  | (228 | ) |  | (159 | )
Impairment |  | (9 | ) |  | (66 | ) |  | (14 | ) |  | (83 | )
Balance at end of period |  | $ | 1,741 |  |  | $ | 1,733 |  |  | $ | 1,741 |  |  | $ | 1,733 |

X
- Definition Schedule Of Income (Loss) From Servicing Rights [Table Text Block] + References No definition available. + Details
Name: | banc_ScheduleOfIncomeLossFromServicingRightsTableTextBlock
Namespace Prefix: | banc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure including both mortgage servicing rights and SBA servicing rights as reflected in the period end balance sheet. + References No definition available. + Details
Name: | banc_ScheduleofServicingRightsTableTextBlock
Namespace Prefix: | banc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all information related to the key inputs and assumptions (including, at a minimum, but not limited to, and if applicable, quantitative information about discount rates, expected prepayments including the expected weighted-average life of prepayable financial assets, and anticipated credit losses) used in measuring the fair value of assets or liabilities that relate to the transferor's continuing involvement with transferred financial assets, as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109247956&loc=d3e107314-111719 + Details
Name: | us-gaap_ScheduleOfAssumptionsForFairValueAsOfBalanceSheetDateOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrServicingLiabilitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of activity in the balance of servicing assets subsequently measured at amortized cost. Includes, but is not limited to, beginning and ending balances, additions, disposals, and amortization. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=68078379&loc=d3e122739-111746 + Details
Name: | us-gaap_ScheduleOfServicingAssetsAtAmortizedValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the activity in the balance of servicing assets (including a description of where changes in fair value are reported in the statement of income for each period for which results of operations are presented), including but not limited to, the following: beginning and ending balances, additions (for instance, through purchases of servicing assets), disposals, changes in fair value during the period resulting from changes in inputs or assumptions used in the valuation model, other changes in fair value along with a description of those changes, and other changes that affect the balance along with a description of those changes. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=68078379&loc=d3e122625-111746 + Details
Name: | us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TransfersAndServicingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration