Pacific Premier Bank (merged into Columbia Bank)
Pacific Premier Bank reported total assets of $17.8 bn at Q2 2025, its last Call Report before it merged into Columbia Bank. The CET1 capital ratio at Pacific Premier Bank was 17.60%, and the uninsured share of Pacific Premier Bank was 41.10%. Source: FDIC Call Reports.
Key takeaways
- Since , Pacific Premier Bank has taken over 4 institutions; the latest was Opus Bank on (FDIC Call Reports).
What sets Pacific Premier Bank apart
How large is Pacific Premier Bank?
The balance sheet of Pacific Premier Bank at : assets $17.8 bn, deposits $14.6 bn, net loans $11.7 bn (loans equal to 80.49% of deposits). Securities make up 18.4% of total assets at Pacific Premier Bank. Since , when Pacific Premier Bank held $3.6 bn, its assets grew 399.9%. In the year to , deposits at Pacific Premier Bank fell 0.8% while its total assets fell 2.9%. At , Pacific Premier Bank employed 1,303 full-time equivalent staff across 58 offices, about $13.6 mn of assets per employee and $251.4 mn of deposits per office.
How much funding at Pacific Premier Bank is uninsured?
At Pacific Premier Bank, uninsured deposits (above the FDIC limit) made up 41.10% of domestic deposits at (+1.75 pp on a year earlier). In dollars, Pacific Premier Bank estimated $6.0 bn of uninsured deposits.
Key facts, Q2 2025
| Metric | Value | A year earlier | US rank |
|---|---|---|---|
| Total deposits | $14.6 bn | $14.7 bn (Q2 2024) | |
| Net loans and leases | $11.7 bn | $12.3 bn (Q2 2024) | |
| Loan-to-deposit ratio | 80.49% | 83.74% (Q2 2024) | |
| Tier 1 leverage ratio | 12.84% | 13.42% (Q2 2024) | |
| Total risk-based capital ratio | 18.85% | 19.22% (Q2 2024) | |
| Net interest margin | 3.28% | 3.53% (Q2 2024) | |
| Return on assets (ROA) | 0.89% | 1.05% (Q2 2024) | |
| Efficiency ratio | 64.67% | 56.87% (Q2 2024) | |
| Unrealized gain/loss on held-to-maturity securities | Loss of $310.1 mn | Widened by $27.1 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $9.6 mn | Narrowed by $20.2 mn | |
| Noncurrent loans to total loans | 0.22% | 0.42% (Q2 2024) | |
| Net charge-offs to average loans | -0.01% | 0.26% (Q2 2024) |
US rank of Pacific Premier Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Pacific Premier Bank: assets, deposits and loans
- Total assets $17.8bn
- Deposits $14.6bn
- Net loans $11.7bn
Capital and securities
The CET1 ratio of Pacific Premier Bank stood at 17.60% in , -0.37 pp year on year. Low and high at Pacific Premier Bank since : 11.37% () to 18.81% (). Equity capital of Pacific Premier Bank at : $3.0 bn, or 17.1% of total assets. Pacific Premier Bank also reported a total capital ratio of 18.85% for , and a tier 1 leverage ratio of 12.84%.
On held-to-maturity securities, Pacific Premier Bank carried an unrealized loss of $310.1 mn at , equal to 10.2% of equity capital. The loss widened by $27.1 mn over the year. Its deepest point: $383.6 mn in . The available-for-sale portfolio of Pacific Premier Bank showed an unrealized loss of $9.6 mn at ; the loss narrowed by $20.2 mn over the year.
Pacific Premier Bank: capital ratios
- Total capital 19%
- CET1 18%
- Tier 1 leverage 13%
Pacific Premier Bank: unrealized securities gains and losses
- Available for sale -$10mn
- Held to maturity -$310mn
Profitability and loan quality
For the year to , Pacific Premier Bank earned a return on equity of 5.11%; return on assets: 0.89%. Net interest margin at Pacific Premier Bank: 3.28%, -0.26 pp in a year. Pacific Premier Bank net income: $80.0 mn, down 18.8% year on year. The efficiency ratio of Pacific Premier Bank was 64.67%: about 65 cents cost per revenue dollar, against 56 cents at the median peer.
At , noncurrent loans were 0.22% of total loans at Pacific Premier Bank; net charge-offs: -0.01% of average loans. Gross loans and leases at Pacific Premier Bank: $11.9 bn at , against $12.5 bn at .
Pacific Premier Bank: profitability
- Return on equity 5.1%
- Net interest margin 3.3%
- Return on assets 0.9%
Peer group of Pacific Premier Bank
The peer group of Pacific Premier Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 0 share the charter type of Pacific Premier Bank (national bank) and 0 have head offices in California. Against them, Pacific Premier Bank shows CET1 ratio 17.60% against a peer median of 11.77%, return on equity 5.11% against a peer median of 6.38% and uninsured deposit share 41.10% against a peer median of 34.96%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Stifel Bank and Trust | State member bank | MO | $18.5 bn | 11.48% | 25.91% | 14.21% | |
| Apple Bank | State-chartered stock savings bank | NY | $18.3 bn | 11.22% | 3.14% | 21.05% | |
| TowneBank | State nonmember bank | VA | $18.3 bn | 11.77% | 7.96% | 48.87% | |
| Pacific Premier Bank | National bank | CA | $17.8 bn | 17.60% | 5.11% | 41.10% | |
| ServisFirst Bank | State nonmember bank | AL | $17.4 bn | 11.77% | 14.57% | 66.86% | |
| Third Federal Savings and Loan Association of Cleveland | Federal savings bank | OH | $17.4 bn | 16.51% | 4.80% | 3.63% | |
| Beal Bank USA | State nonmember bank | NV | $17.0 bn | 53.78% | 0.99% | 61.22% | |
. FDIC Call Reports.
Last eight quarters
Two years at Pacific Premier Bank, to : assets $20.3 bn to $17.8 bn, deposits $16.1 bn to $14.6 bn, equity $3.1 bn to $3.0 bn. Staff 1,356 to 1,303.
| Metric | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $20.3 bn | $19.0 bn | $18.8 bn | $18.3 bn | $17.9 bn | $17.9 bn | $18.1 bn | $17.8 bn |
| Total deposits | $16.1 bn | $15.1 bn | $15.3 bn | $14.7 bn | $14.6 bn | $14.6 bn | $14.7 bn | $14.6 bn |
| Bank equity capital | $3.1 bn | $3.1 bn | $3.2 bn | $3.2 bn | $3.2 bn | $3.1 bn | $3.2 bn | $3.0 bn |
| CET1 ratio | 16.59% | 16.13% | 16.96% | 17.97% | 18.56% | 18.57% | 18.81% | 17.60% |
| Return on equity (ROE) | 7.70% | 1.58% | 6.53% | 6.21% | 5.89% | 5.64% | 5.18% | 5.11% |
| Uninsured share of domestic deposits | 38.26% | 39.63% | 40.20% | 39.35% | 39.58% | 39.69% | 39.66% | 41.10% |
| Full-time equivalent employees | 1,356 | 1,345 | 1,353 | 1,348 | 1,328 | 1,325 | 1,333 | 1,303 |
| Number of offices | 58 | 58 | 59 | 58 | 58 | 58 | 58 | 58 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Pacific Premier Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed Security Bank of California (FDIC certificate 57964).
- . Absorbed Heritage Oaks Bank (FDIC certificate 24229).
- . Absorbed Plaza Bank (FDIC certificate 58100).
- . Absorbed Grandpoint Bank (FDIC certificate 58390).
- . Absorbed Opus Bank (FDIC certificate 33806).
- . Merged into Columbia Bank (FDIC certificate 17266).
Large one-quarter moves at Pacific Premier Bank
- Total assets at Pacific Premier Bank changed by +54.4% in the quarter to 2017-06-30: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Heritage Oaks Bank.
- Total assets at Pacific Premier Bank changed by +41.0% in the quarter to 2018-09-30: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Grandpoint Bank.
- Total assets at Pacific Premier Bank changed by +71.3% in the quarter to 2020-06-30: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Opus Bank.
Questions and identifiers
What were the total assets of Pacific Premier Bank?
Pacific Premier Bank reported $17.8 bn at in its Call Report.
Is Pacific Premier Bank the same as its holding company?
No. This page covers Pacific Premier Bank, FDIC certificate 32172; PACIFIC PREMIER BCORP INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Pacific Premier Bank profitable?
Pacific Premier Bank reported net income of $80.0 mn for the year to ; annualized return on equity: 5.11%. So yes: Pacific Premier Bank made a profit over these months.
When is data for Pacific Premier Bank next updated?
Pacific Premier Bank no longer files Call Reports; its data ends at .
Where can I check the figures for Pacific Premier Bank?
In the FDIC BankFind Suite record for certificate 32172, and in the Call Reports of Pacific Premier Bank (RSSD ID 431172) at the FFIEC Central Data Repository.