Pacific Premier Bancorp Inc. Announces First Quarter 2003 Results.

Business WireApril 28, 2003

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Pacific Premier Bancorp Inc. Announces First Quarter 2003 Results.

Business Editors

COSTA MESA, Calif.--(BUSINESS WIRE)--April 28, 2003

Pacific Premier Bancorp, Inc. (Nasdaq:PPBI) (the "Company") the holding company of Pacific Premier Bank, F.S.B. (the "Bank"), announced its results of operations for the quarter ended March 31, 2003.

The Company reported a first quarter net loss of $258 thousand, or ($0.19) per basic and diluted share, compared to earnings of $388 thousand, or $.29 per basic and $.17 per diluted share for the first quarter of 2002. All diluted earnings per share amounts have been adjusted to reflect stock option grants and warrants outstanding to acquire shares of the Company.

Return on average assets (ROAA) for the quarter ended March 31, 20...

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