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Pacific Premier Bancorp in Irvine, Calif., has agreed to buy Independence Bank in Newport Beach, Calif.
October 22 -
Pacific Premier in Irvine, Calif., has raised approximately $59 million through a private placement.
September 2 -
An improved economy, hint of potentially higher interest rates and changing demographics are all aiding a lending rebound in the southern and western parts of the United States.
August 25
Pacific Premier Bancorp in Irvine, Calif., has named Allen Nicholson chief financial officer.
Nicholson will succeed Kent Smith as CFO of both the holding company and of Pacific Premier Bank, effective June 22.
Nicholson previously was CFO at $391 million-asset Pacific Enterprise Bank in Irvine. He also previously worked as CFO at 1st Enterprise Bank in Los Angeles, and in various roles at Bank of New York Mellon.
Smith left the company on May 22 and Pacific Premier did not provide a reason for his departure. Smith had been CFO since September 2009.
"I want to thank Kent Smith for his service with Pacific Premier. Since joining us, Kent has played a key role in helping us identify and integrate multiple acquisitions," Steven Gardner, chief executive, said in a news release.
