SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549


FORM 8-K


CURRENT REPORT


Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): August 22, 2013

 

BANC OF CALIFORNIA, INC.

(Exact name of Registrant as specified in its Charter)

 

Maryland

001-35522

04-3639825

(State or other jurisdiction

of incorporation)

(Commission File No.)

(IRS Employer

Identification No.)

 

18500 Von Karman Avenue, Suite 1100, Irvine, California

92612

(Address of principal executive offices)

(Zip Code)


Registrant’s telephone number, including area code: (949) 236-5211


N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))








Item 8.01 Other Events


On August 22, 2013, Banc of California, Inc., announced that its Board of Directors has declared the first quarterly dividend payment on its Series C Preferred Stock in the aggregate amount of $802,666.67, representing an annualized yield of 8% on the liquidation preference amount for shares outstanding since initial issuance. The dividend will be payable on September 16, 2013 to record holders as of September 1, 2013 of depositary shares relating to the underlying Series C Preferred Stock. A copy of the press release is attached hereto as Exhibit 99.1.


Item 9.01 Financial Statements and Exhibits


See Exhibit Index.





SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

 

 

 

BANC OF CALIFORNIA, INC.

 

 

 

 

Date: August 22, 2013

 

By:

/s/ Richard Herrin

 

 

 

Richard Herrin

 

 

 

Executive Vice President, Chief Risk Officer and Corporate Secretary






EXHIBIT INDEX


Exhibit Number

Description

EX-99.1

Press Release of Banc of California, Inc., dated August 22, 2013