Aug. 15, 2018 -- Banc of California today announced that it is calling for redemption of all 40,250 outstanding shares of its 8.00% Series C Non-Cumulative Perpetual Preferred Stock, which will result in the simultaneous redemption of all 1,610,000 of the outstanding related depositary shares, each representing a 1/40th interest in a share of Series C Preferred Stock (NYSE: BANC PRC). The Series C Preferred Stock and Series C Depositary Shares will be redeemed on September 17, 2018, which is the next business day following the regularly scheduled dividend payment date of September 15, 2018, at a redemption price of $25.00 per Series C Depositary Share, representing an aggregate amount of $40,250,000. The regular quarterly cash dividend on the Series C Preferred Stock of $0.50 per Series C Depositary Share, payable on September 17, 2018 to holders of record as of August 31, 2018, will be paid as separately announced. The Redemption Price will not accrue interest from and following the regularly scheduled dividend payment date of September 15, 2018. On and after the Redemption Date, the Series C Preferred Stock and Series C Depositary Shares will no longer be deemed outstanding and no further dividends will be declared on the Series C Preferred Stock. ____________ On May 29, 2014, Banc of California, Inc. (BANC) commemorated transfer of the listing of its common and preferred stock and its senior notes from The NASDAQ Stock Market LLC (NASDAQ) to the New York Stock Exchange (NYSE) by ringing the NYSE Opening Bell to begin the trading day. In addition to its common stock, Banc of California also transferred listing to the NYSE of its depositary shares (each representing a 1/40th interest in one share of Banc of California’s 8.00% Non-Cumulative Perpetual Preferred Stock, Series C) as well as its 7.50% Senior Notes Due April 15, 2020. The depositary shares (BANCP) now trade at the NYSE under the new symbol BANC PR C. The Senior Notes (BANCL) now trade at the NYSE under the new symbol BOCA. ____________ July 2013 -- First PacTrust Bancorp, Inc. (NAS: BANC) the multi-bank holding company for Pacific Trust Bank and Beach Business Bank today announced that First PacTrust has completed the acquisition of The Private Bank of California. The acquisition was accomplished by merging The Private Bank of California into Beach Business Bank. First PacTrust Bancorp, Inc. announced that its corporate name will be changed to Banc of California, Inc. effective upon the filing of an amendment to its charter on July 16, 2013. The Banc of California, Inc.’s trading symbol on NASDAQ will remain BANC.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Banc of California, Inc., formerly First PacTrust Bancorp, 8.00% Depositary Shares each representing a 1/40th interest is a share of the 8.00% Non-cumulative Perpetual Preferred Stock, Series C, liquidation preference $25 per depositary share, redeemable at the issuer's option on or after 9/15/2018 at $25 per depositary share plus declared and unpaid dividends, and with no stated maturity. Non-cumulative distributions of 8.00% per annum ($2.00 per annum or $0.50 per quarter) will be paid quarterly on 3/15, 6/15, 9/15 & 12/15 to holders of record on the record date that will be the 15th calendar day prior to the payment date or on the record date fixed by the board, not more than 30 days prior to the payment date (NOTE: the ex-dividend date is one business day prior to the record date). The dividends are non-cumulative and if the board of directors does not declare a dividend or the company fails to pay a dividend declared by the board for any quarterly dividend period, the holder will not be entitled to receive any dividend for that quarterly period and the undeclared or unpaid dividend will not accumulate. This security is possibly subject to an early call as a result of the occurrence of a regulatory capital treatment event which no longer allows the company to include the funds originating from this security as Tier 1 capital on their balance sheet (see the prospectus for further information). Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders (see page S-47 of the prospectus for further information). This security was not rated by Moody’s or S&P at the time of its IPO. In regard to the payment of dividends and upon liquidation, the preferred shares rank junior to the company's senior debt, equally with other preferreds of the company, and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Distribution Dates	15% Tax Rate
NYSE Chart	8.00% $2	$25.00 $25.00	Called for 9/17/2018 None	NF NF 12/29/2017	3/15, 6/15, 9/15 & 12/15 Click for MW ExDiv Date Click for Yahoo ExDiv Date	YES

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HOME PAGE:     https://www.bancofcal.com/
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Email Address	IR@bancofcal.com
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Address and Phone Numbers

Address:   18500 Von Karman Ave, Suite 1100, Irvine, CA 92612
Main Phone Number	949-236-5211
Fax Number	619-691-1350
Investor Relations   Timothy Sedabres	855-361-2262
Toll Free Phone Number	877-441-2265

CEO -  Steven A. Sugarman

CFO - James J. McKinney