XML 85 R64.htm IDEA: XBRL DOCUMENT v2.4.1.9
Income Taxes (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Current income tax provision:                      
Federal                 $ 9,628us-gaap_CurrentFederalTaxExpenseBenefit $ 7,008us-gaap_CurrentFederalTaxExpenseBenefit $ 6,403us-gaap_CurrentFederalTaxExpenseBenefit
State                 3,466us-gaap_CurrentStateAndLocalTaxExpenseBenefit 2,329us-gaap_CurrentStateAndLocalTaxExpenseBenefit 2,026us-gaap_CurrentStateAndLocalTaxExpenseBenefit
Total current income tax provision                 13,094us-gaap_CurrentIncomeTaxExpenseBenefit 9,337us-gaap_CurrentIncomeTaxExpenseBenefit 8,429us-gaap_CurrentIncomeTaxExpenseBenefit
Deferred income tax provision (benefit):                      
Federal                 (1,789)us-gaap_DeferredFederalIncomeTaxExpenseBenefit (3,129)us-gaap_DeferredFederalIncomeTaxExpenseBenefit 1,262us-gaap_DeferredFederalIncomeTaxExpenseBenefit
State                 (586)us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit (621)us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit 298us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit
Total deferred income tax provision (benefit)                 (2,375)us-gaap_DeferredIncomeTaxExpenseBenefit (3,750)us-gaap_DeferredIncomeTaxExpenseBenefit 1,560us-gaap_DeferredIncomeTaxExpenseBenefit
Total income tax provision 2,889us-gaap_IncomeTaxExpenseBenefit 3,410us-gaap_IncomeTaxExpenseBenefit 2,855us-gaap_IncomeTaxExpenseBenefit 1,565us-gaap_IncomeTaxExpenseBenefit 2,474us-gaap_IncomeTaxExpenseBenefit 1,846us-gaap_IncomeTaxExpenseBenefit 91us-gaap_IncomeTaxExpenseBenefit 1,176us-gaap_IncomeTaxExpenseBenefit 10,719us-gaap_IncomeTaxExpenseBenefit 5,587us-gaap_IncomeTaxExpenseBenefit 9,989us-gaap_IncomeTaxExpenseBenefit
Reconciliation from statutory federal income taxes to the company's effective income taxes                      
Statutory federal income tax provision                 9,459us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate 5,103us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate 8,760us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
California franchise tax, net of federal income tax effect                 1,926us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes 1,027us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes 1,842us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes
Other, including tax exempt income                 (666)us-gaap_IncomeTaxReconciliationOtherReconcilingItems (543)us-gaap_IncomeTaxReconciliationOtherReconcilingItems (613)us-gaap_IncomeTaxReconciliationOtherReconcilingItems
Total income tax provision 2,889us-gaap_IncomeTaxExpenseBenefit 3,410us-gaap_IncomeTaxExpenseBenefit 2,855us-gaap_IncomeTaxExpenseBenefit 1,565us-gaap_IncomeTaxExpenseBenefit 2,474us-gaap_IncomeTaxExpenseBenefit 1,846us-gaap_IncomeTaxExpenseBenefit 91us-gaap_IncomeTaxExpenseBenefit 1,176us-gaap_IncomeTaxExpenseBenefit 10,719us-gaap_IncomeTaxExpenseBenefit 5,587us-gaap_IncomeTaxExpenseBenefit 9,989us-gaap_IncomeTaxExpenseBenefit
Deferred tax assets:                      
Accrued expenses 1,616us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities       891us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities       1,616us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities 891us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities 442us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
Net operating loss 2,703us-gaap_DeferredTaxAssetsOperatingLossCarryforwards       3,353us-gaap_DeferredTaxAssetsOperatingLossCarryforwards       2,703us-gaap_DeferredTaxAssetsOperatingLossCarryforwards 3,353us-gaap_DeferredTaxAssetsOperatingLossCarryforwards 3,673us-gaap_DeferredTaxAssetsOperatingLossCarryforwards
Allowance for loan losses, net of bad debt charge-offs 5,158us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses       3,336us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses       5,158us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses 3,336us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses 3,390us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
Directors deferred compensation 1,750us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation       1,896us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation       1,750us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation 1,896us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation  
Unrealized loss on available for sale securities (362)us-gaap_DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross       2,160us-gaap_DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross       (362)us-gaap_DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross 2,160us-gaap_DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross  
State taxes 1,238us-gaap_DeferredTaxAssetsStateTaxes       858us-gaap_DeferredTaxAssetsStateTaxes       1,238us-gaap_DeferredTaxAssetsStateTaxes 858us-gaap_DeferredTaxAssetsStateTaxes 765us-gaap_DeferredTaxAssetsStateTaxes
Other-than-temporary impairment         684ppbi_DeferredTaxAssetsOtherThanTemporaryImpairment         684ppbi_DeferredTaxAssetsOtherThanTemporaryImpairment 2,180ppbi_DeferredTaxAssetsOtherThanTemporaryImpairment
Stock based compensation 313us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost       273us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost       313us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost 273us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost 6us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
Total deferred tax assets 12,416us-gaap_DeferredTaxAssetsNet       13,451us-gaap_DeferredTaxAssetsNet       12,416us-gaap_DeferredTaxAssetsNet 13,451us-gaap_DeferredTaxAssetsNet 10,884us-gaap_DeferredTaxAssetsNet
Deferred tax liabilities:                      
Federal Home Loan Bank stock dividends (169)ppbi_DeferredTaxLiabilitiesFederalHomeLoanBankStockDividends       (306)ppbi_DeferredTaxLiabilitiesFederalHomeLoanBankStockDividends       (169)ppbi_DeferredTaxLiabilitiesFederalHomeLoanBankStockDividends (306)ppbi_DeferredTaxLiabilitiesFederalHomeLoanBankStockDividends (560)ppbi_DeferredTaxLiabilitiesFederalHomeLoanBankStockDividends
Deferred FDIC gain (1,731)us-gaap_DeferredTaxLiabilitiesTaxDeferredIncome       (1,944)us-gaap_DeferredTaxLiabilitiesTaxDeferredIncome       (1,731)us-gaap_DeferredTaxLiabilitiesTaxDeferredIncome (1,944)us-gaap_DeferredTaxLiabilitiesTaxDeferredIncome (2,367)us-gaap_DeferredTaxLiabilitiesTaxDeferredIncome
Core deposit intangibles (1,518)us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets       (1,813)us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets       (1,518)us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets (1,813)us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets  
Depreciation 321us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment       (216)us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment       321us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment (216)us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment (111)us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment
Other (991)us-gaap_DeferredTaxLiabilitiesOther       (695)us-gaap_DeferredTaxLiabilitiesOther       (991)us-gaap_DeferredTaxLiabilitiesOther (695)us-gaap_DeferredTaxLiabilitiesOther (187)us-gaap_DeferredTaxLiabilitiesOther
Total deferred tax liabilities (4,088)us-gaap_DeferredIncomeTaxLiabilities       (4,974)us-gaap_DeferredIncomeTaxLiabilities       (4,088)us-gaap_DeferredIncomeTaxLiabilities (4,974)us-gaap_DeferredIncomeTaxLiabilities (3,997)us-gaap_DeferredIncomeTaxLiabilities
Net deferred tax asset $ 9,383us-gaap_DeferredTaxAssetsLiabilitiesNet       $ 8,477us-gaap_DeferredTaxAssetsLiabilitiesNet       $ 9,383us-gaap_DeferredTaxAssetsLiabilitiesNet $ 8,477us-gaap_DeferredTaxAssetsLiabilitiesNet $ 6,887us-gaap_DeferredTaxAssetsLiabilitiesNet