Complete the Pacific Mercantile system conversion

Delivered by the deadline

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced: 19 Oct 2021
Due: 31 Dec 2021
Delivered: November 2021

Deadline
Met
Late
Not met
Today

What the company said

“will complete the Pacific Mercantile system conversion this quarter.”

SourceBanc Of California, Inc. Form 8-K press release, 2021-10-19
FilingSEC filing index
Deadline as statedthis quarter
Deadline used31 Dec 2021, the last day of the stated period
TypeProject
Permanent referenceKI-C-2021-BANC-002350
Cite as https://keptindex.org/c/KI-C-2021-BANC-002350/ — this address never changes.

What we found

Evidence strength A What the grades mean

The company successfully completed the Pacific Mercantile system conversion in November 2021, which falls within the fourth quarter of 2021.

A
Banc Of California, Inc. 8-K filed 2022-01-25 Regulatory filing · published 25 Jan 2022 · retrieved 1 Oct 2026 · kept permanently by the SEC · fingerprint 2c5168867e93
“Completed the system conversion for the PMB Acquisition in November 2021” ✓ confirmed on the page

Market reaction: the shares moved -7.3% against the S&P 500 over the three sessions around the disclosure (24 Jan 2022 to 27 Jan 2022). What this measures

Checked 1 Oct 2026.

Commitment lineage

Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.

Deadline drift -49 days
Language weakened: firm → expected
3 versions

Version 1 · original · stated 19 Oct 2021

Deadline 31 Dec 2021 (“this quarter”) · wording firm
Version 2 · stated 21 Oct 2021

Deadline 30 Nov 2021 (“November”) · wording expected

“The system conversion for Pacific Mercantile is planned for November”
Source for this version
Version 3 · stated 21 Oct 2021

Deadline 12 Nov 2021 (“November 12, 2021”)

“system conversion scheduled for November 12, 2021”
Source for this version

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type: Project other
Indicative materiality: Low rules
Action: Complete
Deliverable: Pacific Mercantile system conversion
Language: Firm (“will”, “on track to”)
In the company’s control: High
Specificity: High

How this entry was checked

Commitment recordedThe company's words were matched word for word against the filing.
First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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