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Press Release

Banc of California Announces the Promotion of Thomas Hill to Senior Vice President, Head of Middle Market Banking

Company Release - 8/16/2018 5:00 AM ET

SANTA ANA, Calif., Aug. 16, 2018 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC), the holding company for Banc of California, N.A. ("Bank") today announced the promotion of Thomas Hill to serve as Senior Vice President, Head of Middle Market Banking for the Bank.  Mr. Hill joined Banc of California in March 2018 as the Commercial Banking Market Executive for Los Angeles.  In the expanded role, Mr. Hill will oversee all middle market banking efforts covering Los Angeles, Orange and San Diego counties.      

"We are pleased to announce the promotion of Tom to lead all of our Middle Market Banking efforts in Southern California," said Doug Bowers, President and Chief Executive Officer.  Jason Pendergist, Executive Vice President and Head of Commercial Banking, added, "During Tom's short tenure with the Bank, he has demonstrated outstanding leadership, strong ability to execute on transactions and provide quality customer service." 

In Mr. Hill's new role, he will lead all Middle Market Banking activities, and will partner with the Treasury Management group to provide a comprehensive suite of products and services to this market segment.

Prior to joining the Bank, Mr. Hill was with Opus Bank, where he most recently served as Senior Managing Director, Commercial Banking for the Los Angeles region.  He brings over 15 years of commercial banking experience, and previously worked at East West Bank, Union Bank, and City National Bank.  Mr. Hill holds a B.A. in Economics and Political Science from the University of Maryland at Towson and holds a M.S. in Business and Finance from John Hopkins University. 

About Banc of California, Inc.
Banc of California, Inc. (NYSE: BANC) provides comprehensive banking services to California's diverse businesses, entrepreneurs and communities. Banc of California operates 34 offices in California.

Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the "Safe-Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are necessarily subject to risk and uncertainty and actual results could differ materially from those anticipated due to various factors, including those set forth from time to time in the documents filed or furnished by Banc of California, Inc. with the Securities and Exchange Commission. You should not place undue reliance on forward-looking statements and Banc of California, Inc. undertakes no obligation to update any such statements to reflect circumstances or events that occur after the date on which the forward-looking statement is made.

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MEDIA INQUIRIES:

Banc of California, Inc.

Abernathy MacGregor

John A. Bogler, (855) 361-2262

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SOURCE Banc of California, Inc.