Pacific Premier Bank Announces Achievement of Nationwide SBA Preferred Lenders Program (PLP) Status

August 3, 2006; 03:40 AM

COSTA MESA, Calif.- Pacific Premier Bancorp, Inc. (Nasdaq: PPBI - News; the "Company"), the holding company of Pacific Premier Bank, F.S.B. (the "Bank"), announced that the Bank has been approved for the Nationwide Preferred Lender Program (PLP) by the U.S. Small Business Administration (SBA).

The status, awarded to a limited number of financial institutions, will allow the Bank to expedite the lending processes for small businesses. The Bank now has nationwide authority to make credit decisions without first obtaining SBA regional office approval of each loan.

Steven R. Gardner, President and Chief Executive Officer stated, "We are very proud to be approved as a nationwide Preferred Lender, the SBA's premier designation. The accreditation as an SBA PLP Bank means we can offer an even higher level of service to businesses and business owners within Southern California. Additionally, the nationwide PLP status enhances our ability to continue to expand our highly personalized service consistent with our strategic plan."

The Company owns all of the capital stock of the Bank, a federal savings bank. We currently provide business and consumer banking products to our customers through our five full-service depository branches and a loan production office in Southern California located in the cities of San Bernardino, Seal Beach, Huntington Beach, Los Alamitos, Costa Mesa and Pasadena. The Bank is scheduled to open its sixth branch in Newport Beach, California in the fourth quarter of 2006. The Bank at June 30, 2006, had total assets of $708.9 million, net loans of $604.5 million, total deposits of $327.1 million, and total equity capital of $58.4 million.