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Pacific Premier is complementing two liquidity-driven acquisitions with the addition of a restaurant-franchise lending company. Such loans are expected to bring the California company higher-yielding loans. It's another example of banks' strong push for new revenue sources.
November 19 -
Shareholders of San Diego Trust Bank have approved the bank's sale to Pacific Premier (PPBI) in Irvine, Calif.
June 24 -
Pacific Premier (PPBI) in Irvine, Calif., has named new chief lending and operating officers among several executive moves.
March 4
The president and chief executive of Pacific Premier Bancorp (PPBI) in Irvine, Calif., has been elected to the board of the Federal Home Loan Bank of San Francisco.
Pacific Premier said in a press release Tuesday that Steven Gardner will begin serving a four-year term on the board on Jan. 1. The board is elected by financial institutions that are FHLB members.
Gardner has also served as vice chairman of the Federal Reserve Bank of San Franciscos Twelfth District Community Depository Institutions Advisory Council and as president and chairman of the trade group California Independent Bankers.
The $1.6 billion-asset Pacific has 13 branches in southern California, along with an office in Dallas.