Banc of California annual profit jumps 506.24 percent
Source: IRIS | 31 Jan, 2017, 02.58PM
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Assets outpace liabilities growth
Total assets stood at $11,029.85 million as on Dec. 31, 2016, up 33.93 percent compared with $8,235.56 million on Dec. 31, 2015. On the other hand, total liabilities stood at $10,049.61 million as on Dec. 31, 2016, up 32.53 percent from $7,583.15 million on Dec. 31, 2015.
Loans outpace deposit growth
Net loans stood at $5,994.31 million as on Dec. 31, 2016, up 16.42 percent compared with $5,148.86 million on Dec. 31, 2015. Deposits stood at $9,142.15 million as on Dec. 31, 2016, up 45.04 percent compared with $6,303.08 million on Dec. 31, 2015.
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