EX-23.1 5 tm217729d2_ex23-1.htm EXHIBIT 23.1

 

Exhibit 23.1

 

Consent of Independent Registered Public Accounting Firm

 

The Board of Directors

PacWest Bancorp:

 

We consent to the use of our report with respect to the consolidated balance sheets of PacWest Bancorp and subsidiaries as of December 31, 2020 and 2019 and the related consolidated statements of earnings (loss), comprehensive income (loss), changes in stockholders’ equity, and cash flows for each of the years in the three-year period ended December 31, 2020, and the related notes (collectively, the consolidated financial statements) and the effectiveness of internal control over financial reporting as of December 31, 2020 incorporated by reference herein and to the reference to our firm under the heading “Experts” in the prospectus.

 

As discussed in Note 1 to the consolidated financial statements, the Company has changed its method of accounting for the recognition and measurement of credit losses as of January 1, 2020 due to the adoption of ASU 2016-13, “Financial Instruments- Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.”

 

/s/ KPMG LLP

 

Irvine, California

March 1, 2021