Pacific Premier Bancorp, Inc. Announces Commencement of Common Stock Offering

COSTA MESA, Calif., Oct. 27 /PRNewswire-FirstCall/ -- Pacific Premier Bancorp,
Inc. (Nasdaq: PPBI) (the "Company"), the holding company of Pacific Premier
Bank (the "Bank"), today announced that it has commenced an offering of
approximately $20.0 million of its common stock in an underwritten public
offering through Howe Barnes Hoefer & Arnett, Inc. The Company intends to
grant the underwriters a 30 day option to purchase up to an additional 15% of
the common stock sold in the offering to cover over-allotments, if any.

The Company intends to use the net proceeds of the offering for general
corporate purposes, including contributing additional capital to the Bank, and
to support its ongoing and future anticipated growth, which may include
opportunistic acquisitions of all or parts of other financial institutions,
including FDIC-assisted transactions.

This announcement shall not constitute an offer to sell or the solicitation of
an offer to buy these securities, nor shall there be any offer or sale of
these securities in any jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the securities
laws of any such jurisdiction. A registration statement relating to these
securities has been filed with the Securities and Exchange Commission but has
not yet become effective. These securities may not be sold nor may offers to
buy be accepted prior to the time the registration statement becomes
effective. The offering will be made only by means of a prospectus which is a
part of such registration statement. When available, a copy of the
preliminary prospectus may be obtained from Howe Barnes Hoefer & Arnett, Inc.
at 222 South Riverside Plaza, 7th Floor, Chicago, IL 60606 or at
1-800-800-4693.

About Pacific Premier Bancorp, Inc.

The Company owns all of the capital stock of the Bank. The Company provides
business and consumer banking products to its customers through our six
full-service depository branches in Southern California located in the cities
of San Bernardino, Seal Beach, Huntington Beach, Los Alamitos, Costa Mesa and
Newport Beach. The Company's common stock is traded on the NASDAQ Global
Stock Market under the symbol PPBI.

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. Such statements involve inherent risks and uncertainties, many of
which are difficult to predict and are generally beyond the control of the
Company. There can be no assurance that future developments affecting the
Company will be the same as those anticipated by management. The Company
cautions readers that a number of important factors could cause actual results
to differ materially from those expressed in, or implied or projected by, such
forward-looking statements. These risks and uncertainties include, but are
not limited to, the following: the strength of the United States economy in
general and the strength of the local economies in which the Company conducts
operations; the effects of, and changes in, trade, monetary and fiscal
policies and laws, including interest rate policies of the Board of Governors
of the Federal Reserve System; inflation, interest rate, market and monetary
fluctuations; the timely development of competitive new products and services
and the acceptance of these products and services by new and existing
customers; the willingness of users to substitute competitors' products and
services for the Company's products and services; the impact of changes in
financial services policies, laws and regulations; technological changes; the
effect of acquisitions that the Company may make, if any, including, without
limitation, the failure to achieve the expected revenue growth and/or expense
savings from such acquisitions; changes in the level of the Company's
nonperforming assets and charge-offs; oversupply of inventory and continued
deterioration in values of California real estate, both residential and
commercial; the effect of changes in accounting policies and practices, as may
be adopted from time-to-time by bank regulatory agencies, the Securities and
Exchange Commission ("SEC"), the Public Company Accounting Oversight Board,
the Financial Accounting Standards Board or other accounting standards
setters; possible other-than-temporary impairments of securities held by us;
the impact of current governmental efforts to restructure the U.S. financial
regulatory system; changes in consumer spending, borrowing and savings habits;
the effects of the Company's lack of a diversified loan portfolio, including
the risks of geographic and industry concentrations; ability to attract
deposits and other sources of liquidity; changes in the financial performance
and/or condition of the Company's borrowers; changes in the competitive
environment among financial and bank holding companies and other financial
service providers; unanticipated regulatory or judicial proceedings; and the
Company's ability to manage the risks involved in the foregoing.

Additional factors that could cause actual results to differ materially from
those expressed in the forward-looking statements are discussed in the
Company's Current Report on Form 8-K filed with the SEC on October 9, 2009 and
available at the SEC's Internet site (http://www.sec.gov).

The Company specifically disclaims any obligation to update any factors or to
publicly announce the result of revisions to any of the forward-looking
statements included herein to reflect future events or developments.

Contact:

Pacific Premier Bancorp, Inc.
Steven R. Gardner
President/CEO
714.431.4000

Kent J. Smith
Senior Vice President/CFO
714.431.4000

SOURCE Pacific Premier Bancorp, Inc.

Steven R. Gardner, President/CEO, or Kent J. Smith, Senior Vice President/CFO,
both of Pacific Premier Bancorp, Inc., +1-714-431-4000