Pacific Premier Bancorp (PPBI) Posts Mixed Q1 Results

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Go back to Pacific Premier Bancorp (PPBI) Posts Mixed Q1 Results

Pacific Premier Bancorp, Inc. Announces First Quarter 2015 Results (Unaudited)

April 22, 2015 6:00 AM EDT

First Quarter 2015 Summary

Net income of $1.8 million, or $0.09 per diluted share, adjusted net income of $4.3 million, or $0.21 per diluted share Net income reduced by $4.0 million in non-recurring merger-related expenses Net interest margin of 3.99% Loan originations of $206 million, near record high Loan growth of 31% Deposit growth of 25% Noninterest-bearing deposits reach 30% and total non-maturity deposits reach 76% of total deposits... More