XML 51 R40.htm IDEA: XBRL DOCUMENT
v3.24.1.1.u2

Revenue From Contracts With Customers (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Revenue From Contracts With Customers [Abstract] |
Revenue From Contracts With Customers | Disaggregation of Revenue The following table presents interest income and noninterest income, the components of total revenue, as disclosed in the condensed consolidated statements of earnings (loss) and the related amounts which are from contracts with customers within the scope of ASC Topic 606, "Revenue from Contracts with Customers," for the periods indicated. As illustrated here, substantially all of our revenue is specifically excluded from the scope of ASC Topic 606.
| Three Months Ended March 31,
| 2024 |  | 2023
| Total |  | Revenue from |  | Total |  | Revenue from
| Recorded |  | Contracts with |  | Recorded |  | Contracts with
| Revenue |  | Customers |  | Revenue |  | Customers
| (In thousands)
Total Interest Income | $ | 478,704 |  |  | $ | — |  |  | $ | 517,788 |  |  | $ | — |
Noninterest Income: |  |  |  |  |  |  |
Service charges on deposit accounts | 4,705 |  |  | 4,705 |  |  | 3,573 |  |  | 3,573 |
Other commissions and fees | 8,142 |  |  | 4,983 |  |  | 10,344 |  |  | 4,432 |
Leased equipment income | 11,716 |  |  | — |  |  | 13,857 |  |  | — |
(Loss) gain on sale of loans | (448) |  |  | — |  |  | 2,962 |  |  | — |
Dividends and gains on equity investments | 3,068 |  |  | — |  |  | 1,098 |  |  | — |
Warrant income (loss) | 178 |  |  | — |  |  | (333) |  |  | — |
LOCOM HFS adjustment | 330 |  |  | — |  |  | — |  |  | — |
Other income | 6,125 |  |  | 93 |  |  | 4,890 |  |  | 269 |
Total noninterest income | 33,816 |  |  | 9,781 |  |  | 36,391 |  |  | 8,274 |
Total Revenue | $ | 512,520 |  |  | $ | 9,781 |  |  | $ | 554,179 |  |  | $ | 8,274 |
The following table presents revenue from contracts with customers based on the timing of revenue recognition for the periods indicated:
| Three Months Ended
| March 31,
| 2024 |  | 2023
| (In thousands)
Products and services transferred at a point in time | $ | 4,878 |  |  | $ | 4,352 |
Products and services transferred over time | 4,903 |  |  | 3,922 |
Total revenue from contracts with customers | $ | 9,781 |  |  | $ | 8,274 |
Contract Balances The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers as of the dates indicated:
| March 31, 2024 |  | December 31, 2023
| (In thousands)
Receivables, which are included in "Other assets" | $ | 1,354 |  |  | $ | 1,615 |
Contract liabilities, which are included in "Accrued interest payable and other liabilities" | $ | 401 |  |  | $ | 418 |
Contract liabilities relate to advance consideration received from customers for which revenue is recognized over the life of the contract. The change in contract liabilities for the three months ended March 31, 2024 due to revenue recognized that was included in the contract liability balance at the beginning of the period was $17,000.
Contract with Customer, Asset and Liability | The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers as of the dates indicated:
| March 31, 2024 |  | December 31, 2023
| (In thousands)
Receivables, which are included in "Other assets" | $ | 1,354 |  |  | $ | 1,615 |
Contract liabilities, which are included in "Accrued interest payable and other liabilities" | $ | 401 |  |  | $ | 418 |

X
- Definition Revenue From Contracts With Customers [Abstract] + References No definition available. + Details
Name: | pacw_RevenueFromContractsWithCustomersAbstract
Namespace Prefix: | pacw_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition [Table Text Block] for Revenue From Contracts With Customers [Table] + References No definition available. + Details
Name: | pacw_RevenueFromContractsWithCustomersTableTextBlock
Namespace Prefix: | pacw_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration