8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)		December 10, 2009
PACIFIC PREMIER BANCORP, INC.
(Exact name of registrant as specified in its charter)
DELAWARE	0-22193			33-0743196
(State or other jurisdiction of incorporation)	(Commission File Number)			(I.R.S. Employer Identification No.)
1600 Sunflower Ave, Second Floor, Costa Mesa, CA				92626
(Address of principal executive offices)				(Zip Code)
Registrant’s telephone number, including area code			(714) 431-4000
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 7.01  REGULATION FD DISCLOSURE

Information is being furnished herein in Exhibit 99.1 with respect to presentations to investors and others by Pacific Premier Bancorp’s President and CEO, Steven R. Gardner for the third quarter of 2009. These materials replace and supersede investor presentation materials previously furnished as an exhibit to Current Reports on Form 8-K.

The presentation is also available on the Company's web site at www.ppbi.com.

Information contained herein, including Exhibit 99.1, shall not be deemed filed for the purposes of the Securities Exchange Act of 1934, nor shall such information and Exhibit be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such a filing.

ITEM 9.01  FINANCIAL STATEMENTS AND EXHIBITS

99.1   Presentation by Pacific Premier Bancorp, Inc., CEO, Steven R. Gardner.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

PACIFIC PREMIER BANCORP, INC.
Dated:	December 10, 2009	By:	/s/ STEVEN R. GARDNER
			Steven R. Gardner
			President and Chief Executive Officer

EX-99.1

www.ppbi.com

Investor Presentation

Investor Presentation

December 10, 2009

December 10, 2009

Steven R. Gardner

Steven R. Gardner

President & CEO

President & CEO

www.ppbi.com

The statements contained herein that are not historical facts are forward-looking
statements based on management's current expectations and beliefs concerning future
developments and their potential effects on the Company.There can be no assurance
that future developments affecting the Company will be the same as those anticipated
by management.Actual results may differ from those projected in the forward-
looking statements.These forward-looking statements involve risks and uncertainties.
These include, but are not limited to, the following risks:changes in the performance
of the financial markets; changes in the demand for and market acceptance of the
Company's products and services; changes in general economic conditions including
interest rates, presence of competitors with greater financial resources, and the impact
of competitive projects and pricing; the effect of the Company's policies; the
continued availability of adequate funding sources; andvarious legal, regulatory and
litigation risks; as well as additional risks factors discussed in the reports filed by the
Company with the SEC, which are available on its website at www.sec.gov.  Except as
required by law, the Company undertakes no obligation to update any information.

www.ppbi.com

•In 1983, Pacific Premier Bank (the “Bank”)
was founded and later expanded into
subprime lending

•By 1999, growing losses prompted the Bank
to refocus its strategy

•In 2000, the current management team
took over and developed a three phase
strategic plan to transform the Bank from
a nationwide subprime lender into a
traditional Community Bank

Phase 1 - Recapitalize Pacific Premier

•Issued $12 million note and warrants

•Lowered the risk profile of the Bank

Phase 2 - Return to Profitability

•Grew the balance sheet

•Raised $27 million via secondary offering

•Retired $12 million note

•Sustained profitability

Phase 3 - Transition into Commercial Bank

•Recruit experienced bankers

•Expand market footprint

•Offer new products and services

•Diversify loan and deposit portfolios

www.ppbi.com

1 Branch in San
Bernardino
County

5 Branches in
Orange County

Headquarters:	Costa Mesa, California
Total Assets:	$847.9 million
Net Loans:	$576.5 million
Total Deposits:	$606.4 million
Regional Focus:	Southern California
Business Focus:	Small and middle market businesses
Branches:	6 locations

As of September 30, 2009

PPBI Branch

www.ppbi.com

	At or For the Nine Months Ended	At or For the Year Ended December 31,
dollars in thousands, except per share data	September 30, 2009	2008	2007	2006
Balance Sheet
Total assets	$847,865	$ 739,956	$ 763,420	$ 730,874
Total loans	584,614	629,019	627,461	608,642
Total deposits	606,382	457,128	386,735	339,449
Total borrowings	176,810	220,210	308,275	326,801
Fully diluted book value per share*	$6.77	$9.60	$9.69	$9.16
Statement of Operations
Net interest income	17,019	21,118	18,266	17,125
Provision for loan losses	5,535	2,241	1,651	531
Net income (loss)	(183)	708	3,619	7,428
Bank Capital Ratios**
Tier 1 Leverage	9.54%	8.71%	8.81%	8.38%
Tier 1 Risk Based	12.98%	10.71%	10.68%	10.94%
Total Risk Based	14.23%	11.68%	11.44%	11.55%
*Proforma, post capital raise at 9/30/09 ** Proforma, post capital raise at 9/30/09 assuming $13.5 millionin additional capital to the Bank

www.ppbi.com

•Core deposit growth through small and middle market
business focus

•Relationship banking via high service levels

•Offensive capital raise - expansion opportunities

Develop the Bank into one of Southern California’s
top performing commercial banks.

www.ppbi.com

Texas ratio defined as NPAs / tangible equity plus loan loss reserves; Circle
radius represents 100 miles

SoCal Stressed Institutions

Possible failures as of September 30, 2009 within 100 miles of Costa Mesa, California
	Texas Ratio	# of Institutions
Near term	100% +	9
Longer term	50% to 100%	19

Possible near and longer term failures

Texas Ratio > 100%

Texas Ratio b/t 50-100%

www.ppbi.com

At September 30, 2009

(dollars in millions)

www.ppbi.com

As of September 30, 2009

www.ppbi.com

•Overall Underwriting Philosophy:

•CRE, C&I - business/property and global cash flow

•CRE Loans:

•Multifamily

•Commercial

•No construction, no L&D, no condo conversion, no int. reserves, no
repositioning, no covenant lite, no low doc

•Personal guarantees, cross collateral, cross guarantees

•Portfolio Management

•Collections

www.ppbi.com

	Average Loan Size	Seasoning (months)	LTV	DCR
Multifamily RE	$ 1,052,000	49	67%	1.20
CRE Investor	$ 1,208,000	42	58%	1.42
CRE Owner	$964,000	45	54%	----
C & I	$356,000	25	----	----
SBA	$107,000	27	----	----

At September 30, 2009

www.ppbi.com

	12/31/07	12/31/08	09/30/09
Balance	$341.3	$287.6	$284.1
Avg. Bal	$1.087	$1.053	$1.052
DCR	1.17	1.47	1.20
LTV	65	65	67
Rate	6.77%	6.30%	6.20%

County	Bal	LTV	DCR
Los Angeles	$197.8	66%	1.26
Orange	$21.0	63%	1.30
Riv./San Bern.	$25.5	76%	0.87
San Diego	$23.6	68%	1.26
Other *	$16.2	64%	1.17
Total	$284.1	67%	1.20

At September 30, 2009

www.ppbi.com

	12/31/07	12/31/08	09/30/09
Balance	$142.1	$163.4	$153.4
Avg. Bal	$1.184	$1.202	$1.208
DCR	1.34	1.54	1.42
LTV	62	57	58
Rate	7.25%	7.04%	6.88%

Type	Bal	LTV	DCR
Office	$45.0	60%	1.43
Retail	$46.6	55%	1.41
Industrial	$25.8	63%	1.33
Other	$35.7	57%	1.52
Total	$153.4	58%	1.42

At September 30, 2009

www.ppbi.com

Peers consist of California commercial banks between $500 million and $1 billion, as of the end of the period covered.

Source: FDIC

www.ppbi.com

Peers consist of California commercial banks between $500 million and $1 billion, as of the end of the period covered.

Source: FDIC

www.ppbi.com

Book Value at September 30, 2009

In October, private label MBS totaled $9.0 million.

www.ppbi.com

•Bank transition gaining momentum

•Outperform peers due to: Credit Culture

•Target rich environment for acquisitions

•Undervalued stock relative to peers

www.ppbi.com

Questions?

Questions?