Banc of California, Inc. operates as a bank holding company for Pacific Trust Bank and Beach Business Bank that provides retail banking services to individuals and small to mid-sized businesses. The company offers various deposit accounts, such as checking and savings accounts, money market deposits, certificate accounts, retirement accounts, interest bearing demand accounts, and certificates of deposits. Its loan portfolio comprises commercial and industrial loans, commercial real estate mortgage loans, multi-family mortgage loans, small business administration guaranteed business loans, construction loans, lease financing, single family 1-4 unit residential mortgage loans, home equity lines of credit, home equity loans, and other consumer loans. In addition, the company offers leasing and financing services, cash and treasury management services, card payment services, remote deposit services, ACH origination, and employer/employee retirement planning products. Further, it provides mobile, online, and telephone banking services; automated bill payment services; electronic statements; safe deposit boxes; and direct deposit and wire transfers. As of December 31, 2012, Banc of California, Inc. operated 19 banking offices in San Diego, Los Angeles, Orange, and Riverside counties in California; and 24 single family mortgage loan production offices in California, Arizona, Oregon, and Washington. The company was formerly known as First PacTrust Bancorp, Inc. and changed its name to Banc of California, Inc. in July 2013. Banc of California, Inc. was founded in 1941 and is headquartered in Irvine, California.