Pacific Premier Bancorp Ranked #11 on Forbes’ List of America’s Best Banks

Pacific Premier Bancorp, Inc. (NASDAQ: PPBI), the holding company of
Pacific Premier Bank, announced today that it ranked 11^th on
the Forbes
List of America’s Best Banks. The annual list published by Forbes
ranks the 100 largest publicly traded banks and thrifts based on their
growth, credit quality and profitability. The ten metrics used in the
rankings are based on regulatory filings through September 30, 2018.

“Our recognition as one of America’s best banks reflects the commitment
of our entire organization to delivering a superior banking experience
to our clients and being a high performing financial institution,” said
Steven R. Gardner, Chairman and Chief Executive Officer of Pacific
Premier Bancorp, Inc. “As we have built a leading commercial banking
franchise on the West Coast and have become one of the 100 largest
publicly traded banks in the country, we have been disciplined in our
approach to managing growth. As a result, we have been able to
consistently produce superior returns, while maintaining exceptional
credit quality and strong capital ratios. With the investments we have
made in personnel and systems, we believe we are well-positioned to
continue generating profitable growth and further enhancing the value of
our franchise in the years ahead.”

About Pacific Premier Bancorp, Inc.

Pacific Premier Bancorp, Inc. (the “Company”) is the holding company for Pacific
Premier Bank, one of the largest banks headquartered in Southern
California with approximately $11.5 billion in assets. Pacific Premier
Bank is a business bank primarily focused on serving small and middle
market businesses in the counties of Orange, Los Angeles, Riverside, San
Bernardino, San Diego, San Luis Obispo and Santa Barbara, California, as
well as markets in the states of Arizona, Nevada and Washington. Through
its more than 40 depository branches, Pacific Premier Bank offers a
diverse range of lending products including commercial, commercial real
estate, construction, and SBA loans, as well as specialty banking
products for homeowners associations and franchise lending nationwide.

Forward-Looking Comments

The statements contained herein that are not historical facts are
forward-looking statements based on management’s current expectations
and beliefs regarding future financial results, growth and shareholder
value creation.

Such statements involve inherent risks and uncertainties, many of which
are difficult to predict and are generally beyond the control of the
Company. There can be no assurance that future developments affecting
the Company will be the same as those anticipated by management. The
Company cautions readers that a number of important factors could cause
actual results to differ materially from those expressed in, or implied
or projected by, such forward-looking statements. These risks and
uncertainties include, but are not limited to, the following: the
expected cost savings, synergies and other financial benefits from any
acquisition the Company has made or may make might not be realized
within the expected time frames or at all; the strength of the United
States economy in general and the strength of the local economies in
which the Company conducts operations; the effects of, and changes in,
trade, monetary and fiscal policies and laws, including interest rate
policies of the Board of Governors of the Federal Reserve System;
inflation, interest rate, market and monetary fluctuations; the timely
development of competitive new products and services and the acceptance
of these products and services by new and existing customers; the
willingness of users to substitute competitors’ products and services
for the Company’s products and services; the impact of changes in
financial services policies, laws and regulations (including the
Dodd-Frank Wall Street Reform and Consumer Protection Act) and of
governmental efforts to restructure the U.S. financial regulatory
system; technological changes; changes in the level of the Company’s
nonperforming assets and charge offs; any oversupply of inventory and
deterioration in values of California real estate, both residential and
commercial; the effect of changes in accounting policies and practices,
as may be adopted from time-to-time by bank regulatory agencies, the
Securities and Exchange Commission (“SEC”), the Public Company
Accounting Oversight Board, the Financial Accounting Standards Board or
other accounting standards setters; possible other-than-temporary
impairment of securities held by us; changes in consumer spending,
borrowing and savings habits; the effects of the Company’s lack of a
diversified loan portfolio, including the risks of geographic and
industry concentrations; ability to attract deposits and other sources
of liquidity; changes in the financial performance and/or condition of
our borrowers; changes in the competitive environment among financial
and bank holding companies and other financial service providers;
unanticipated regulatory or judicial proceedings; and the Company’s
ability to manage the risks involved in the foregoing. Additional
factors that could cause actual results to differ materially from those
expressed in the forward-looking statements are discussed in the 2017
Annual Report on Form 10-K of Pacific Premier Bancorp, Inc. filed with
the SEC and available at the SEC’s Internet site (http://www.sec.gov).

Pacific Premier undertakes no obligation to revise or publicly release
any revision or update to these forward-looking statements to reflect
events or circumstances that occur after the date on which such
statements were made.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190122005819/en/