Financial Performance Highlights - Pacific Premier Bancorp, Inc (PPBI) reported net income of $848 million, resulting in a Return on Average Assets (ROAA) of 163%[14] - The company's Pre-Provision Net Revenue (PPNR) reached $1007 million, translating to a PPNR ROAA of 193%[14] - The efficiency ratio stood at 480%, reflecting operating efficiencies[14] - The net interest margin was 353%, with a core net interest margin of 336%[14] Balance Sheet Highlights - Total deposits amounted to $171 billion, with non-maturity deposits comprising 94% of the total[14] - Non-interest bearing deposits accounted for 39% of total deposits[14] - The loan portfolio totaled $143 billion, representing a 90% annualized increase compared to the previous quarter[14] Asset Quality and Capital - Nonperforming assets represented 015% of total assets[14] - The company's Allowance for Credit Losses (ACL) for Loans Held For Investment (LHFI) was $1978 million, or 138% of loans[14] - The tangible common equity to tangible assets ratio was 952%, and the total capital ratio was 1462%[14] Shareholder Value - The company declared a quarterly dividend of $033 per share[14]
Pacific Premier Bancorp (PPBI) Investor Presentation - Slideshow