Pacific Premier Bancorp, Inc. · Costa Mesa, CA United States ·(NASDAQ (CM): PPBI)
Company Description
Phone: 714-431-4000
Fax: 714-433-3000
Toll Free: 800-585-5933
View Pacific Premier Bancorp, Inc. Locations On A US Map
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This link will open in a new window Pacific Premier Bancorp is the holding company of Pacific Premier Bank, which has about a half-dozen branches in Southern California's Orange and San Bernardino counties. The bank offers standard deposit products and services including checking and savings accounts and cash management services. It also writes business and consumer loans including Small Business Administration loans, commercial and industrial loans, and residential mortgages; multi-family residential mortgages account for about half of the company's loan portfolio. To read the full description, subscribe now.
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Key Pacific Premier Bancorp, Inc. Financials
| Company Type | Public - NASDAQ (CM): PPBI Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $18.9 |
| 2008 Employees | 91 |
Pacific Premier Bancorp, Inc. Executives
9 executives listed for Pacific Premier Bancorp, Inc.'s Costa Mesa, CA location.
| Title | Name & Bio | Contact |
| Chairman, Pacific Premier Bancorp and Pacific Premier Bank | Ronald Skipper | Network |
| President, CEO, and Director, Pacific Premier Bancorp and Pacific Premier Bank | Steven Gardner | Network |
| SVP and CFO; SVP and CFO, Pacific Premier Bank | Kent Smith | Network |
Competition
Competitive Landscape for Pacific Premier Bancorp, Inc.
Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.Top Pacific Premier Bancorp, Inc. Competitors
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