Pacific Premier Bancorp (PPBI) Tops Q1 EPS by 5c

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Pacific Premier Bancorp, Inc. Announces First Quarter 2016 Results (Unaudited)

April 20, 2016 6:00 AM EDT

First Quarter 2016 Summary

Record Earnings with net income of $8.6 million, or $0.33 per diluted share Net income of $10.7 million, or $0.41 per diluted share, adjusted for merger related expenses ROAA of 1.30% and ROATCE of 14.91%, adjusted for merger related expenses Completed acquisition of Security California Bancorp on January 31, 2016 Growth in loans of $595 million and non-interest bearing deposit growth of $353 million Net interest margin expands to 4.48%, as non-interest bearing deposits grew to 37% of total... More