Banc of California announced today it has expanded its commercial and private banking product offerings to include foreign exchange and interest rate swaps. Banc of California now offers foreign exchange and international wire services in over 100 currencies worldwide as well as a complete interest rate risk management solution for clients.

Additionally, Banc of California announced it has hired Peter Ro and Cecilia Tsoflias as Co-Directors of Foreign Exchange and Interest Rate Derivatives to lead the expansion of these products.

Mr. Ro joins Banc of California from Security Bank of California, where he was Foreign Exchange Manager. Previously, Mr. Ro was a Strategic Consultant at Global Fidelity Corporation and managed foreign exchange at Community Bank. Additionally, he was with City National Bank for 12 years, serving as Chief Foreign Exchange Trader and Foreign Exchange Manager and later as Interest Rate Risk Manager. Mr. Ro holds a B.A. in Economics from University of California-Los Angeles.

Ms. Tsoflias joins Banc of California from Community Bank, where she was Vice President and Foreign Exchange Advisor. Previously, Ms. Tsoflias served as Managing Director, Foreign Exchange at First Republic Bank. Additionally, she was with City National Bank for 7 years, serving as Vice President and Foreign Exchange Trader. Ms. Tsoflias holds a B.A. in Sociology from University of California-Los Angeles.

“The expansion of our product offerings to include foreign exchange and interest rate swaps provides our clients with a full suite of products and services to meet the diverse needs of California’s entrepreneurs and private businesses,” said Jeffrey Seabold, Chief Banking Officer for Banc of California. “Many of California’s leading private businesses operate across borders and having the necessary product suite to serve all of their needs is a key part of our value proposition. Additionally, providing comprehensive interest rate risk management solutions for clients is vital to serving the diverse and complex needs of many commercial and private banking clients.”

“We are thrilled to welcome Peter and Cecilia to Banc of California, where they will both be a key part in leading the expanded foreign exchange and interest rate risk management offerings,” said J. Francisco A. Turner, Chief Strategy Officer for Banc of California. “Their selection of Banc of California is a testament to our ability to attract the most experienced professionals across the industry, and highlights our ability to continue to grow and expand our commercial banking activities.”

Recently Named to Forbes Magazine’s 2016 List of the 100 Best Banks in America and ranked as the Fastest-Growing Public Midsize Company headquartered in Orange County, California, Banc of California finished 2015 with approximately $8.2 billion in total assets, $6.3 billion of total deposits and $5.9 billion in total loans.

About Banc of California, Inc.

Banc of California, Inc. (NYSE: BANC) provides comprehensive banking services to California’s diverse private businesses, entrepreneurs and homeowners. Banc of California operates over 100 offices in California and the West.

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.