UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number 0-22193 (Exact name of registrant as specified in its charter) 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF Delaware 33-0743196 (State or other jurisdiction of inco ...

Financial Data and Key Metrics Changes - The company reported a net income of $69.8 million or $0.73 per share, resulting in a 16% return on average tangible common equity [6] - Total revenue increased by $7.2 million to $195 million, with net interest income rising almost 7% compared to the prior quarter [16] - The efficiency ratio improved to 49%, and pre-provision net revenue increased to $96 million or 1.77% of average assets [17] Business Line Data and Key Metrics Changes - Net interest income increased by $10.9 million to $172.8 million, driven by higher average loan balances and interest-earning asset yields [18] - Non-interest income, excluding security gains, decreased by $1.5 million to $22.2 million due to lower trust income [20] - The company generated $1.5 billion in new loan commitments, translating to an annualized loan growth of nearly 10% [8] Market Data and Key Metrics Changes - The cost of core deposits was four basis points during the second quarter, reflecting a stable deposit base [11] - The loan-to-deposit ratio remained flat at just over 83%, with cash balances increasing by $164 million to $973 million at quarter end [26] - Nonperforming loans decreased to 0.3% of loans held for investment, and total delinquency fell to 0.24% [28] Company Strategy and Development Direction - The company is focused on maintaining a balance between profitable growth and prudent risk management, positioning itself for future growth [5] - There is an expectation of a decline in commercial real estate (CRE) production due to lower demand as investors reassess valuations [33] - The company continues to assess all areas for incremental cost savings, including a recent reduction of 53 positions, expected to yield annualized savings of approximately $7 million [35] Management's Comments on Operating Environment and Future Outlook - Management noted stable trends across loan portfolios and no general degradation in borrower cash flows, despite economic uncertainties [31] - The company is optimistic about its ability to navigate the current economic landscape, with commercial clients performing well [32] - There is a cautious outlook regarding credit demand, particularly in the CRE sector, but management believes they are well-positioned for future opportunities [34] Other Important Information - The common tangible equity ratio ended at 8.52%, with a CET1 ratio of 11.91% on a consolidated level [27] - The company transferred approximately $445 million of available-for-sale municipal securities to held-to-maturity to limit future valuation changes [25] - Management emphasized the importance of maintaining a low deposit cost and not overpaying for deposits to create franchise value [76] Q&A Session Summary Question: Follow-up on M&A commentary - Management indicated that M&A conversations have slowed due to current multiples and uncertain outlook, but they remain disciplined in their approach [43][44] Question: Growth and loan rates - Management acknowledged slower demand for credit, particularly in CRE, but expects high single-digit growth to remain sustainable [51][52] Question: Restructuring reasoning - The restructuring was described as trimming around the edges rather than being bloated, in line with activity level outlook [59] Question: NPA relationship and charge-offs - Charge-offs were predominantly related to one non-performing loan, which is expected to be resolved by the end of the quarter [60][61] Question: Deposit balances outlook - Management does not foresee significant roll-off of deposits and plans to manage deposit pricing cautiously [76] Question: Trust and escrow business impact - Fewer transactions in the escrow business may negatively impact earnings, but proactive growth efforts are expected to offset declines [82]

Investor Presentation Second Quarter 2022 July 21, 2022 Steve Gardner Chairman, Chief Executive Officer, & President sgardner@ppbi.com 949-864-8000 Ronald J. Nicolas, Jr. Sr. EVP & Chief Financial Officer rnicolas@ppbi.com 949-864-8000 PACIFIC PREMIER BANCORP, INC. FORWARD LOOKING STATEMENTS AND WHERE TO FIND MORE INFORMATION Forward Looking Statements This investor presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the fin ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number 0-22193 (Exact name of registrant as specified in its charter) Delaware 33-0743196 (I.R.S Employer Identification No.) ...

Call Start: 12:00 January 1, 0000 12:46 PM ET Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) Q1 2022 Earnings Conference Call April 26, 2022, 12:00 PM ET Company Participants Steven R. Gardner – Chairman, President and Chief Executive Officer Ronald Nicolas – Senior Executive Vice President and Chief Financial Officer Conference Call Participants David Feaster – Raymond James Matthew Clark – Piper Sandler Christopher McGratty – Keefe, Bruyette & Woods, Inc. Andrew Terrell – Stephens Inc. Gary Tenner – D.A. Dav ...

Investor Presentation First Quarter 2022 April 26, 2022 Steve Gardner Chairman, President & Chief Executive Officer sgardner@ppbi.com 949-864-8000 Ronald J. Nicolas, Jr. Sr. EVP & Chief Financial Officer rnicolas@ppbi.com 949-864-8000 PACIFIC PREMIER BANCORP, INC. FORWARD LOOKING STATEMENTS AND WHERE TO FIND MORE INFORMATION Forward Looking Statements This investor presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the fina ...

Investor Presentation Fourth Quarter 2021 February 17, 2022 Steve Gardner Chairman, President & Chief Executive Officer sgardner@ppbi.com 949-864-8000 Ronald J. Nicolas, Jr. Sr. EVP & Chief Financial Officer rnicolas@ppbi.com 949-864-8000 PACIFIC PREMIER BANCORP, INC. FORWARD LOOKING STATEMENTS AND WHERE TO FIND MORE INFORMATION Forward Looking Statements This investor presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 Commission File No.: 0-22193 (Exact name of registrant as specified in its charter) Delaware 33-0743196 (State of Incorporation) (I.R.S. Employer Identification No) 17901 Von Karman Avenue, Suite 1200, Irvine, California 92614 (Address of Principal Executive Offices and Zip Code) Registrant's telephone number, ...

Investor Presentation Fourth Quarter 2021 February 17, 2022 Steve Gardner Chairman, President & Chief Executive Officer sgardner@ppbi.com 949-864-8000 Ronald J. Nicolas, Jr. Sr. EVP & Chief Financial Officer rnicolas@ppbi.com 949-864-8000 PACIFIC PREMIER BANCORP, INC. FORWARD LOOKING STATEMENTS AND WHERE TO FIND MORE INFORMATION Forward Looking Statements This investor presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the ...

Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) Q4 2021 Earnings Conference Call January 20, 2022 12:00 PM ET Company Participants Ronald Nicolas – Senior EVP & CFO Steve Gardner – Chairman, President & CEO Conference Call Participants Matthew Clark – Piper Sandler David Feaster – Raymond James Gary Tenner – D.A. Davidson Chris MacGratty – KBW Operator Hello, everybody, and a warm welcome to today's Pacific Premier Bancorp Q4 2021 Conference Call. My name is Melissa, and I will be your Operator. [Operator Ins ...