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)   September 26, 2006

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):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o 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

On September 26, 2006, the Company issued a press release announcing the signing of AB2011 by  Governor Arnold Schwarzenegger.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

A copy of PPBI’s press release is attached hereto as Exhibit 99.1 and hereby incorporated by reference.

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:   September 26, 2006	By:	/s/ STEVEN R. GARDNER
		Steven R. Gardner
		President and Chief Executive Officer

EX-99.1

Exhibit 99.1

CIB Endorsed Municipal Deposits Bill Signed by Gov. Schwarzenegger

          NEWPORT BEACH, Calif., Sept. 26 /PRNewswire-FirstCall/ -- Yesterday in Sacramento, Gov. Arnold Schwarzenegger signed the California Independent Banker’s (CIB) endorsed municipal deposits bill (AB 2011).

          “This new legislation is vital to our communities; the bill will increase lending opportunities and allow community banks to accept public funds from local entities,” said CIB President and Pacific Premier Bancorp, Inc. (Nasdaq: PPBI); (the “Company”) President and CEO Steven R. Gardner.  “In a time when regulators are predicting shrinking liquidity and banks are feeling the effects of shrinking core deposits, this legislation will clearly boost the deposit potential for our banks.”

          The bill, sponsored by San Diego assemblyman Juan Vargas, clarifies existing law to permit local agencies to place funds in multiple FDIC insured Certificates of Deposit (CD) held by a California financial institution using a deposit placement service.  The placement services operate by placing reciprocal deposits in a national banking network.  Any deposit placed into the system is simultaneously returned to the originating bank dollar-for-dollar and is fully FDIC insured.  The largest placement services currently insure up to $30 million.

          Deposit placement services extend federal deposit insurance (e.g., FDIC insurance) to secure deposits above $100,000.  Similar programs are approved in 34 states and the District of Columbia.

          This legislation would remove the barriers that historically prevented denovo and community banks from accepting public funds from their cities, counties and local agencies.  The municipalities will benefit from easy placement of deposits in one local institution with which they have a relationship.  Local community banks would have the opportunity to raise funds at an acceptable cost, thus increasing local lending resources.

          “Our community bankers have been a great asset in the grassroots campaign to pass this legislation,” said CIB Executive Director Craig Hudson.  “Keeping in mind the needs of small businesses and their communities, the bankers spearheaded efforts to show state lawmakers the importance of the bill to the local and state economy.  This bill will expand lending resources and encourage a robust small business sector while keeping funds local.”

          The California Independent Bankers (CIB) is a not-for-profit trade association politically active on behalf of more than 160 financial institutions in California.  There are six banking trade associations, but only one, CIB, is politically active in Sacramento and Washington, D.C. on behalf of community banks.  CIB is also the California affiliate of the Independent Community Bankers of America (ICBA), which has over 5,000 independent bank members nationwide.

          500 NEWPORT CENTER DRIVE, STE 960 * NEWPORT BEACH, CA * 92660
          Phone: (949) 718-6051 * Fax: (949) 640-1041

          FORWARD-LOOKING COMMENTS

          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: (1) changes in the performance of the financial markets, (2) changes in the demand for and market acceptance of the Company’s products and services, (3) changes in general economic conditions including interest rates, presence of competitors with greater financial resources, and the impact of competitive projects and pricing, (4) the effect of the Company’s policies, (5) the continued availability of adequate funding sources, and (6) various legal, regulatory and litigation risks.

Contact:
	Pacific Premier Bancorp, Inc.
	Steven R. Gardner
	President/CEO
	714.431.4000
For further information contact:
	Craig Hudson
	CIB Executive Director
	Craig.Hudson@icba.org
	(949) 718-6050

SOURCE  The California Independent Bankers; Pacific Premier Bancorp, Inc.
          -0-                                                   09/26/2006
          /CONTACT:  Steven R. Gardner, President/CEO of Pacific Premier Bancorp, Inc., +1-714-431-4000; or Craig Hudson, Executive Director of The California Independent Bankers, +1-949-718-6050, Craig.Hudson@icba.org/