ppbi-20240724

Investor Presentation Second Quarter 2024 July 24, 2024 Ronald J. Nicolas, Jr. Sr. EVP & Chief Financial Officer rnicolas@ppbi.com 949-864-8000 Steve Gardner Chairman, Chief Executive Officer, & President sgardner@ppbi.com 949-864-8000

2 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved FORWARD LOOKING STATEMENTS AND WHERE TO FIND MORE INFORMATION Forward Looking Statements This investor presentation contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the financial condition, results of operations, business plans and the future performance of Pacific Premier Bancorp, Inc. (“PPBI” or the “Company”), including its wholly-owned subsidiary Pacific Premier Bank (“Pacific Premier” or the “Bank”). Words such as “anticipates,” “believes,” “estimates,” “expects,” “forecasts,” “intends,” “plans,” “projects,” “could,” “may,” “should,” “will” or other similar words and expressions are intended to identify these forward-looking statements. These forward-looking statements are based on PPBI’s current expectations and beliefs concerning future developments and their potential effects on the Company including, without limitation, plans, strategies and goals, and statements about the Company’s expectations regarding revenue and asset growth, financial performance and profitability, loan and deposit growth, yields and returns, loan diversification and credit management, stockholder value creation, capital management, tax rates and acquisitions we have made or may make. Because forward-looking statements relate to future results and occurrences, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict. Many possible events or factors could affect PPBI’s future financial results and performance and could cause actual results or performance to differ materially from anticipated results or performance. 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 we conduct operations; recent adverse developments in the banking industry highlighted by high-profile bank failures and the potential impact of such developments on customer confidence, liquidity and regulatory responses to these developments; the effects of, and changes in, our ability to attract and retain deposits and access to other sources of liquidity; trade, monetary and fiscal policies and laws, including interest rate policies of the Board of Governors of the Federal Reserve System; interest rate, liquidity, economic, market, credit, operational and inflation/deflation risks associated with our business, including the speed and predictability of changes in these risks; Business and economic conditions generally and in the financial services industry, nationally and within our current and future geographic markets; the effect of acquisitions we have made or may make, including, without limitation, the failure to achieve the expected revenue growth and/or expense savings from such acquisitions, and/or the failure to effectively integrate an acquisition target into our operations; the timely development of competitive new products and services and the acceptance of these products and services by new and existing customers; the impact of changes in financial services policies, laws and regulations, including those concerning taxes, banking, securities and insurance, and the application thereof by regulatory bodies; compliance risks, including any increased costs of monitoring, testing, and maintaining compliance with complex laws and regulations; the effectiveness of our risk management framework and quantitative models; changes in the level of our nonperforming assets and charge-offs; the effect of changes in accounting policies and practices or accounting standards, as may be adopted from time-to-time by bank regulatory agencies, the U.S. Securities and Exchange Commission (“SEC”), the Public Company Accounting Oversight Board, the Financial Accounting Standards Board or other accounting standards setters; possible credit related impairments of securities held by us; possible impairment charges to goodwill, including any impairment that may result from increasing volatility in our stock price; the impact of governmental efforts to restructure the U.S. financial regulatory system, including any amendments to the Dodd-Frank Wall Street Reform and Consumer Protection Act; recent or future changes in the FDIC insurance assessment rate; changes in consumer spending, borrowing and savings habits; the effects of our lack of a diversified loan portfolio, including the risks of geographic and industry concentrations; the possibility that we may reduce or discontinue the payments of dividends on our common stock; the possibility that we may discontinue, reduce or limit repurchases of common stock; changes in the financial performance and/or condition of our borrowers; changes in the competitive environment among financial and bank holding companies and other financial service providers; geopolitical conditions, including acts or threats of terrorism, actions taken by the United States or other governments in response to acts or threats of terrorism and/or military conflicts, including the war between Russia and Ukraine, and the war in the Middle East, which could impact business and economic conditions in the United States and abroad; public health crises and pandemics, and their effects on the economic and business environments in which we operate, including on our credit quality and business operations, as well as the impact on general economic and financial market conditions; climate change, including regulatory, compliance and credit and reputational risks; cybersecurity threats and the cost of defending against them; natural disasters, earthquakes, fires and severe weather; unanticipated regulatory or legal proceedings; and our 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 2023 Annual Report on Form 10-K and other filings filed with the SEC and available at the SEC’s Internet site (http://www.sec.gov). The Company undertakes no obligation to revise or publicly release any revision or update to these forward-looking statements to reflect events or circumstances that occur after the date on which such statements were made. Non-U.S. GAAP Financial Measures This presentation contains non-U.S. GAAP financial measures. For purposes of Regulation G promulgated by the SEC, a non-U.S. GAAP financial measure is a numerical measure of the registrant’s historical or future financial performance, financial position or cash flows that excludes amounts or is subject to adjustments that have the effect of excluding amounts that are included in the most directly comparable measure calculated and presented in accordance with U.S. GAAP in the statement of income, statement of financial condition or statement of cash flows (or equivalent statements) of the issuer; or includes amounts, or is subject to adjustments that have the effect of including amounts, that are excluded from the most directly comparable measure so calculated and presented in this regard. U.S. GAAP refers to generally accepted accounting principles in the United States. Pursuant to the requirements of Regulation G, PPBI has provided reconciliations within this presentation, as necessary, of the non-U.S GAAP financial measures to the most directly comparable U.S. GAAP financial measures. For more details on PPBI’s non-U.S. GAAP measures, refer to the Appendix in this presentation.

3 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved PRESENTATION CONTENTS Corporate Overview 4 Second Quarter Performance Highlights 6 Balance Sheet Highlights 9 Asset Quality & Credit Risk Management 16 Loan Metrics 21 Strategy and Technology 30 Culture and Governance 33 Appendix: Non-GAAP Reconciliation 38

PPBI Corporate Overview

5 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved Balance Sheet and Capital Ratios(2) Profitability and Credit Quality(2) Assets $18.3 billion ROAA 0.90% Loans HFI(4) $12.5 billion PPNR ROAA(3) 1.23% TCE / TA(3) 11.41% Efficiency Ratio(3) 61.3% Tier 1 Capital Ratio 15.89% NPA / Assets 0.28% Total Capital Ratio 19.01% ACL / Loans 1.47% Premier commercial bank in key metropolitan areas throughout the Western U.S. 1. Market data as of July 23, 2024 2. As of or for the three months ended June 30, 2024 3. Please refer to non-U.S. GAAP reconciliation in the appendix 4. Excludes the basis adjustment associated with the application of hedge accounting on certain loans 2Q24 Financial Highlights PACIFIC PREMIER BANCORP, INC. Corporate Overview & Market Data Branch Network 58 Full Service Branch Locations Market Capitalization(1) $2.7 Billion Dividend Yield(1) 4.66% P/TBV(1) 1.39x Pacific Premier Footprint 8 2 Arizona Phoenix (1) Tucson (2) 3 Nevada Las Vegas (1) 1 Southern California Los Angeles-Orange (21) San Diego (5) Riverside-San Bernardino (9) 35 Central Coast California San Luis Obispo (7) Santa Barbara (2) 9 Pacific Northwest Seattle MSA (7) Other Washington (1) Portland MSA (2)

Second Quarter Performance Highlights

7 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved Q2 2024 RESULTS 1. Non-U.S. GAAP measure, refer to the Non-GAAP reconciliation in the appendix for more information 2. Includes federally-insured deposits, $819 million of collateralized municipal deposits, and $45 million of privately insured deposits 3. Excludes the basis adjustment associated with the application of hedge accounting on certain loans 4. Including fair value net discount on acquired loans 5. Total unused borrowing capacity of $8.6 billion at June 30, 2024 and includes $245 million of unpledged US Treasurys with maturity date of twelve months or less Operating Results • Net income of $41.9 million, or $0.43 per diluted share • 2Q 2024 results; PPNR ROAA of 1.23%(1), ROAA of 0.90%, and ROATCE of 8.92%(1) • Net interest margin of 3.26% in Q2 2024 • Efficiency ratio of 61.3%(1) and noninterest expense decreased to $97.6 million compared to Q1 2024 Loans • Loan portfolio of $12.5 billion(3) • 2Q 2024 loan yields of 5.30% • Loan / deposit ratio of 85.4%, non-interest bearing deposits totaled 31.6% of total deposits • Quarterly loan production of $151 million Deposits • Total deposits of $14.6 billion, cost of funds increased to 1.86% • Non-maturity deposits of $12.2 billion, or 83.7% of total deposits • Average cost of non-maturity deposits of 1.17%(1); spot cost of non-maturity deposits of 1.25% • 2Q 2024 insured and collateralized deposits(2) comprised 67% of total deposits Capital & Liquidity • Tangible common equity to tangible assets increased to 44 bps to 11.41%(1) • Tangible book value per share increased $0.25 to $20.58(1) • Total available liquidity of $9.8 billion at June 30, 2024(5), including ample cash position of $901 million Asset Quality • Delinquent loans were 0.14% of total loans held for investment • Nonperforming assets were 0.28% of total assets • Net charge-offs of $10.3 million or 0.08% as a percentage of average total loans • ACL for LHFI of $183.8 million, or 1.47% of loans; total loss absorption capacity equals 1.78% of loans(4)

8 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved ACCUMULATING CAPITAL Consolidated PPBI Capital Ratios • Q2 2024 capital levels significantly exceed well-capitalized regulatory requirements and provide capital management flexibility 1. Non-U.S. GAAP measure, refer to the Non-GAAP reconciliation in the appendix for more information Consolidated PPBI Pacific Premier Bank Tangible Common Equity Ratio(1) 11.41% 9.59% 8.52% Leverage Ratio 11.87% 10.90% 9.90% Common Equity Tier 1 Ratio (CET1) 15.89% 14.34% 11.91% Tier 1 Ratio 15.89% 14.34% 11.91% Total Capital Ratio 19.01% 17.24% 14.41% Leverage Ratio 13.42% 12.15% 11.41% Common Equity Tier 1 Ratio (CET1) 17.97% 15.99% 13.72% Tier 1 Ratio 17.97% 15.99% 13.72% Total Capital Ratio 19.22% 17.05% 14.54% Q2 2024 Q2 2023 Q2 2022 9.90% 11.91% 11.91% 14.41% 10.90% 14.34% 14.34% 17.24% 11.87% 15.89% 15.89% 19.01% Tier 1 Leverage Ratio CET1 Ratio Tier 1 Ratio TRBC Ratio 2Q22 2Q23 2Q24

PPBI Balance Sheet Highlights

10 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved Total Deposits of $14.7 billion as of June 30, 2024 Relationship-based core deposits • Well-diversified and granular customer base with low-cost transaction deposits reflects our relationship-based business model • Non-maturity deposits comprise 83.7% of total deposits • Non-maturity deposit costs of 1.17%(3), 22% cumulative beta 4Q21-2Q24 • Uninsured and uncollateralized deposits 33% of total deposits as of June 30, 2024 HIGH QUALITY DEPOSIT FRANCHISE 1. As of June 30, 2024 2. Quarterly average cost 3. Please refer to the non-U.S. GAAP information in the appendix 4. Excludes Commerce Escrow and Exchange, HOA and Pacific Premier Trust relationships Quarterly Average Cost of Total Deposits Trend Relative to Fed Funds Rate Total Average Cost of Deposits = 32% Cumulative Beta 4Q21-2Q24 Cost of non- maturity deposits: 1.17% Deposits Detail as of June 30, 2024 Average Length of Commercial and Consumer Banking Relationship(4) = 13.3 years 0.33 1.58 3.08 4.33 4.83 5.08 5.33 5.33 5.33 5.33 0.04 0.06 0.22 0.58 0.94 1.27 1.50 1.56 1.59 1.73 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 Federal Funds Rate Cost of Total Deposits Balance(1) % of Total Avg. Cost of Deposits(2) Spot Cost of Deposits (dollars in thousands) Noninterest-bearing demand 4,616,124$ 32% 0.00% 0.00% Interest-bearing demand 2,776,212 19% 1.49% 1.53% Money market / savings 4,844,585 33% 2.01% 2.28% Total non-maturity deposits 12,236,921 84% 1.17% 1.25% Retail certificates of deposit 1,906,552 13% 4.64% 4.70% Wholesale/brokered certificates of deposit 484,181 3% 4.82% 4.60% Total maturity deposits 2,390,733 16% 4.68% 4.68% Total deposits 14,627,654$ 100% 1.73% 1.81% Noninterest-bearing Deposits, 32% Interest-bearing Non-maturity deposits, 52% Retail CDs, 13% Brokered Deposits, 3%

11 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved 1. Uninsured and uncollateralized deposits estimated as total deposits less federally-insured deposits, $819 million of collateralized municipal deposits, and $45 million of privately insured deposits 2. Also includes interest-bearing time deposits with financial institutions 3. Based on approved borrowing capacity as of June 30, 2024; Represents $245 million of unpledged US treasurys with maturity of 12 months or less STRONG LIQUIDITY POSITION Quarterly Period-end Cash Balance Trends ($ in millions)(2) Well-positioned with enhanced liquidity • Ample cash of $901 million at June 30, 2024 • Reduced brokered deposits by $88 million in 2Q24 • Total liquidity coverage ratio of 2.0x to uninsured and uncollateralized deposits(1)(3) • Significant secondary sources of liquidity with total liquidity of $9.8 billion(3) Sources of Liquidity as of June 30, 2024(3) 2Q24 Liquidity / Uninsured & Uncollateralized Deposits ($ in billions)(1)(3) 2.0x Coverage $9.8 $4.9 Total Liquidity Estimated Uninsured & Uncollateralized Deposits $3,477 $3,316 $2,077 $2,184 $2,221 16.8% 16.4% 10.9% 11.6% 12.1% 2Q23 3Q23 4Q23 1Q24 2Q24 Cash and AFS Securities Cash & AFS / Total Assets ($ in millions) June 30, 2024 Cash and Cash Equivalents 901$ Short-term US Treasurys(3) 245 On Balance Sheet Liquidity 1,146 Additional Sources of Liquidity Unused FHLB Borrowing Capacity 4,887$ Correspondent Banks 390 FRB Discount Window 3,370 Total Unused Borrowing Capacity 8,647$ Total Liquidity 9,793$

12 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved Note: All dollars in thousands, unless noted otherwise Note: SBA loans are unguaranteed portion and represent approximately 25% of principal balance for the respective borrower WELL STRUCTURED LOAN PORTFOLIO Loans Outstanding by Type and Weighted Average Rate(1) June 30, 2024 Loan Repricing Structure(5) New Commitments and Prepay / Payoff Trends(4) - 1. As of June 30, 2024 and excludes the impact of fees, discounts and premiums 2. SBA loans that are collateralized by hotel real property 3. SBA loans that are collateralized by real property other than hotel real property 4. Dollars in millions, Payoff & Prepayment includes prepayments, maturities and normal amortization. 5. As of June 30, 2024, and includes $1.35 billion of variable swaps on fixed rate loans, Loan balances reflect unpaid principal balance and do not include capitalized costs and fees $148 $68 $128 $46 $151 $583 $370 $423 $359 $447 4.73% 4.76% 4.87% 4.91% 4.88% 2Q23 3Q23 4Q23 1Q24 2Q24 New Commitments Amort. / Payoff / Prepay EOP Loan Portfolio WAIR Fixed with Variable Swap 11% Fixed 18% Adjustable 45% Variable 26% Balance % of Total Weighted Average Rate(1) Investor real estate secured CRE non-owner occupied 2,245,474$ 18.0 % 4.77% Multifamily 5,473,606 43.8 4.02% Construction and land 453,799 3.6 9.00% SBA secured by real estate(2) 33,245 0.3 9.26% Total investor real estate secured 8,206,124 65.7 4.52% Business real estate secured CRE owner-occupied 2,096,485 16.8 4.40% Franchise real estate secured 274,645 2.2 4.79% SBA secured by real estate(3) 46,543 0.4 8.92% Total business real estate secured 2,417,673 19.4 4.53% Commercial loans Commercial and industrial 1,554,735 12.3 7.09% Franchise non-real estate secured 257,516 2.1 5.10% SBA non-real estate secured 10,346 0.1 9.93% Total commercial 1,822,597 14.5 6.83% Retail Loans Single family residential 70,380 0.6 7.71% Consumer 1,378 0.0 9.64% Total retail loans 71,758 0.6 7.73% Total loans held for investment 12,518,152$ 100.2 % 4.88% Basis adjustment associated with fair value hedge (28,201) (0.2) Total loans held for investment 12,489,951$ 100.0 % As of June 30, 2024

13 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved 1. As of June 30, 2024 excludes the basis adjustment associated with the application of hedge accounting on certain loans 2. Commercial and business loans, distribution by North American Industry Classification (NAICS) Loans Outstanding by Type(1) Commercial & Business Loans by Industry(2) HIGH PERFORMING LOAN PORTFOLIO $12.5 Billion Diversified loan portfolio • Granular loan portfolio reflects deep and long-tenured client relationships – we lend to well-established businesses and real estate operators. • Conservative, cash-flow lender with a long history of proactive and effective credit risk management. • Commercial loans with diverse set of industries across Western U.S. CRE Loan Maturity Profile / Total LHFI (%) as of June 30, 2024 • CRE maturities well-distributed into future periods • Limited exposure to maturity over the next several years Commercial and industrial 12% CRE owner-occupied 17% CRE non-owner occupied 18% Construction and land 4% Consumer 1% Other Commercial and Business 5% Multifamily (<10 Units) 8% Multifamily (11-25 Units) 13% Multifamily (26-50 Units) 8% Multifamily (51-100 Units) 8% Multifamily (101+ Units) 6% CRE Loans Maturity Profile <1 Year 1-2 Years 2-3 Years 3-5 Years >5 Years Total Multifamily 0.4% 0.9% 0.8% 4.2% 37.5% 43.8% CRE Owner-Occupied 0.4% 0.7% 0.7% 1.9% 13.1% 16.8% CRE Non-Owner Occupied 1.0% 1.3% 1.4% 4.1% 10.2% 18.0% Total 1.9% 2.9% 2.9% 10.2% 60.8% 78.7% Agriculture, Forestry, Fishing and Hunting 3% Construction 11% Manufacturing 10% Other Services (except Public Administration) 8% Health Care & Social Assistance 8% Real Estate & Rental & Leasing 6% Retail Trade 6%Wholesale Trade 5% Educational Services 5% Professional, Scientific, & Technical Services 4% Public Administration 4% Finance & Insurance 7% Arts, Entertainment, & Recreation 2% Accommodation & Food Services 16% Other 5%

14 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved < 1 Year 74% 1-3 Years 25% 3-5 Years 1% CMO 16% Corp & Bank Notes 13% MBS 8% Muni Bonds 38% Treasurys 24% Other 1% SECURITIES PORTFOLIO Investment Securities as of June 30, 2024 Highly-rated securities portfolio • Investment securities totaled $3.1 billion, or 16.5% of total assets as of June 30, 2024 • All 2Q 2024 purchases of $443 million consisted of shorter term U.S. Treasurys with maturities mostly eighteen months or less with a weighted average yield of 5.08% • Yield on total investment securities were 3.43% on a spot basis at June 30, 2024(1) $3.1 Billion 1. For AFS and HTM securities, excludes FRB Stock and FHLB stock for spot yield. AFS Duration as of June 30, 2024 0.9 Years AFS Duration Securities Mix as June 30, 2024 AFS 44% HTM 56% 5.3 Years Total Duration

15 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved 1.27% 1.50% 1.56% 1.59% 1.73% 5.08% 5.33% 5.33% 5.33% 5.33% Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Cost of Deposits Fed Funds Rate NET INTEREST MARGIN Net Interest Margin 2Q net interest margin impacted by smaller balance sheet and deposit mix shift Loan Yields & Cost of Funds Cost of Deposits Relative to Fed Funds Rate Factors Affecting Net Interest Margin Increase Decrease (1) 1. Period-end Fed Funds Rate at each respective quarter-end 3.33% 3.12% 3.28% 3.39% 3.26% Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Reported Net Interest Margin 5.27% 5.21% 5.29% 5.29% 5.30% 1.45% 1.67% 1.69% 1.73% 1.86% Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Reported Loan Yield Cost of Funds

Asset Quality & Credit Risk Management

17 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved LOAN PORTFOLIO & CECL ACL for LHFI + Fair Value MarkAllowance for Credit Losses by Loan Type 1. SBA loans that are collateralized by hotel real property 2. SBA loans that are collateralized by real property other than hotel real property 3. Adds back the FV discount to the loans held for investment Increase Decrease Combined Loss Absorption Capacity CECL model update • Reserves reflect changes in asset quality offset by changes in loan balances and portfolio composition ACL for LHFI Change Attributions ($ in millions) (dollars in thousands) ACL Balance % of Segment Investor loans secured by real estate CRE non-owner occupied 29,738$ 1.32% Multifamily 57,298 1.05% Construction and land 10,804 2.38% SBA secured by real estate(1) 2,142 6.44% Business loans secured by real estate CRE owner-occupied 28,531 1.36% Franchise real estate secured 6,794 2.47% SBA secured by real estate(2) 4,134 8.88% Commercial loans Commercial and industrial 32,257 2.07% Franchise non-real estate secured 11,130 4.32% SBA non-real estate secured 482 4.66% Retail loans Single family residential 399 0.57% Consumer loans 94 6.82% ACL for Loans HFI 183,803$ 1.47% June 30, 2024 (dollars in thousands) Balance % of Total Loans Held for Investment ACL for LHFI 183,803$ 1.47% Plus: Fair Value Mark on Acquired Loans(3) 38,602 0.31% Total ACL & Fair Value Mark(3) 222,405$ 1.78%

18 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved ASSET QUALITY TRENDS Nonperforming Assets (% of Total Assets) Past Due Loans (% of LHFI) Classified Assets (% of Total Assets) Net Charge-offs (% of Average Loans) Sound asset quality metrics reflecting disciplined & proactive credit risk management Note: Dollars in millions $17.4 $25.9 $25.1 $64.1 $52.1 0.08% 0.13% 0.13% 0.34% 0.28% 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024 Nonperforming Assets ($ in millions) NPAs / Total Assets $120.2 $149.7 $142.2 $204.9 $183.8 0.58% 0.74% 0.75% 1.09% 1.00% 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024 Classified Assets ($ in millions) Classified Assets / Total Assets $3.7 $6.8 $3.9 $6.4 $10.3 0.03% 0.05% 0.03% 0.05% 0.08% 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024 Net Charge-offs (Recoveries) ($ in millions) NCOs / Avg Loans $31.0 $10.9 $10.1 $12.2 $17.9 0.23% 0.08% 0.08% 0.09% 0.14% 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024 Past Due Loans ($ in millions) PD Loans / Loans HFI

19 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved 0.28% 3.84% Q 1 Q 2 Q 3 Q 4 Q 1 Q 2 Q 3 Q 4 Q 1 Q 2 Q 3 Q 4 Q 1 Q 2 Q 3 Q 4 Q 1 Q 2 Q 3 Q 4 Q 1 Q 2 Q 3 Q 4 Q 1 Q 2 Q 3 Q 4 Q 1 Q 2 Q 3 Q 4 Q 1 Q 2 Q 3 Q 4 Q 1 Q 2 Q 3 Q 4 Q 1 Q 2 Q 3 Q 4 Q 1 Q 2 Q 3 Q 4 Q 1 Q 2 Q 3 Q 4 Q 1 Q 2 Q 3 Q 4 Q 1 Q 2 Q 3 Q 4 Q 1 Q 2 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 PPBI Peer Median PDNB Failed- Bank Acquisition 4/27/12 CREDIT RISK MANAGEMENT Credit quality has historically outperformed peers throughout varying cycles Nonperforming Assets to Total Assets Comparison CNB Failed- Bank Acquisition 2/11/11 Note: Peer group consists of Western region banks and thrifts with total assets between $5 billion and $77 billion as of March 31, 2024

20 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved 627% 310% 349% 336% 376% 275% 356% 285% 385% 324% 0% 100% 200% 300% 400% 500% 600% 700% 800% Construction CRE NOO Multifamily CRE Concentration Ratio SCB Acquisition SDT & FAB Acquisitions Note: Prior to 2020, CRE Concentration Ratio defined as (Non-owner Occupied CRE + Construction + Multifamily) / Total Risk-based Capital; also includes RC-C Memo 3 loans (Loans to finance CRE not secured by real estate). CRE Concentration Ratio(1) Grandpoint Acquisition Experience in managing CRE loans through multiple cycles • 66% of loans included in CRE concentration at June 30, 2024 are multifamily loans with historically strong performance • CRE concentrations are well-managed across the organization and stress-tested semiannually Opus Acquisition LOW RISK CRE LOAN PORTFOLIO

Selected Loan Metrics Second Quarter 2024

22© 2024 Pacific Premier Bancorp, Inc. | All rights reserved • Disciplined underwriting focuses on true cash flow, using the lesser of actual or market rents and market vacancy, with no emphasis on projections or rent trending • 83% of loans are personally guaranteed by principals or by entities with significant net worth and liquidity • Portfolio is geographically diversified with a focus on markets that have strong historical performance • Loans to seasoned owners of multifamily properties with extensive operating experience • Limited non-recourse lending reflects seasoned stabilized properties with modest leverage and strong operating results • Core competency for PPB, an asset class which performed well for the bank during the Great Recession of 2008 Portfolio Fundamentals (1) DSCR is computed using the most recent NOI provided and annualized current payment amount By Geography (1) Portfolio Characteristics – MultifamilyBy # of Units (1) Based on location of primary real property collateral. All California information is for respective county INVESTOR REAL ESTATE SECURED: MULTIFAMILY 6/30/2024 Loan Balance Outstanding $5.5 billion Number of Loans 2,294 Average Loan Size $2.4 million Loan-to-Value (Weighted Avg) 58% DSCR (Weighted Avg) (1) 1.71x Seasoning (Weighted Avg) 46 months % of Total Loans 43.8% ACL Coverage Ratio 1.05% NPAs / Total Assets 0.00% Portfolio Delinquency 0.00%

23© 2024 Pacific Premier Bancorp, Inc. | All rights reserved Multifamily Loan Characteristics • California allows for higher annual rent increases than other markets (i.e. NYC) -CPI+5%, not to exceed 10% in 12 months (California State-wide) • No Vacancy Control within the State of California, therefore owners have the ability to reprice new vacancies to market rents • Class C multifamily provides relatively affordable workforce housing alternatives near jobs, schools, neighborhood retail and public transportation • Single-family home affordability remains an issue in most of the Bank’s markets, with apartments presenting a more affordable alternative • Limited new originations over the last 24 months, reflecting a seasoned multifamily portfolio that has benefited from multiple years of permitted rent increases By Rent Regulated/Control* By Class TypeBy Rate Reset Period(1) * Has rent control; Note counties based in CA are subject to State Rent Control Laws (AB 1482), City Regulated are subject to City and State Rent Regulations INVESTOR REAL ESTATE SECURED: MULTIFAMILY (1) First reset after origination on $4.1 billion of adjustable multifamily loans as of June 30, 2024 * NAP = Not applicable, properties are primarily mobile home parks Non-Rent Regulated 32% City Regulated 30%* State Regulated 38%* Within 1 Year 13% 1-2 Years 14% 2-3 Years 37% 3-4 Years 11% 4-5 Years 16% >5 Years 9%

24© 2024 Pacific Premier Bancorp, Inc. | All rights reserved 6/30/2024 Loan Balance Outstanding (1) $2.2 billion Number of Loans 1,178 Average Loan Size $1.9 million Loan-to-Value (Weighted Avg) 49% DSCR (Weighted Avg) (2) 1.89x Seasoning (Weighted Avg) 63 months % of Total Loans 18.0% ACL Coverage Ratio 1.32% NPAs / Total Assets 0.11% Portfolio Delinquency 0.05% Portfolio Fundamentals • Disciplined underwriting standards emphasize actual cash flow coverage of debt service and strong collateral support • Majority of loans are personally guaranteed by principals or by entities with significant net worth and liquidity • Portfolio is well-diversified across geographies and property types • Seasoned owners and managers of income properties • Conservative underwriting uses the lesser of actual or market rents and market vacancy, not projections or proformas • Majority of loans are to borrowers who maintain a deposit relationship (1) Excludes SBA loans (2) DSCR is computed using the most recent NOI provided and annualized current payment amount By Geography (1) Portfolio Characteristics - CRE Non-Owner OccupiedBy Property Type (1) Based on location of primary real property collateral. All California information is for respective county INVESTOR REAL ESTATE SECURED: CRE NON-OWNER OCCUPIED

25© 2024 Pacific Premier Bancorp, Inc. | All rights reserved Retail Office Loan Balance Outstanding (1) $681.7 million $587.8 million Number of Loans 332 218 Average Loan Size $2.1 million $2.7 million Loan-to-Value (Weighted Avg) 48% 55% DSCR (Weighted Avg) (2) 1.66x 1.51x Seasoning (Weighted Avg) 62 months 58 months % of Total Loans 5.5% 4.7% ACL Coverage Ratio 0.88% 2.76% NPAs / Total Assets 0.01% 0.09% Portfolio Delinquency 0.15% 0.00% Portfolio Fundamentals • Disciplined underwriting uses the lesser of actual or market rents and market vacancy, while considering tenant profile, lease expirations, rollover risk and capital costs • Portfolios are well-diversified across geographies and property types Retail • PPB lends on seasoned Class B and C strip and neighborhood centers in well established higher density markets • No exposure to malls and minimal exposure to big-box retailers Office • Minimal exposure to Class A high-rise projects or to central business districts (1) Excludes SBA and Franchise loans (2) DSCR is computed using the most recent NOI provided and annualized current payment amount Office: By Geography (1) Portfolio Characteristics – Retail and Office CRE NOORetail: By Geography (1) (1) Based on location of primary real property collateral. All California information is for respective county INVESTOR REAL ESTATE SECURED: CRE NOO RETAIL AND OFFICE

26© 2024 Pacific Premier Bancorp, Inc. | All rights reserved CRE, non-SBA SBA Loan Balance Outstanding $278.8 million $33.2 million Number of Loans 74 57 Average Loan Size $3.8 million $583,000 Loan-to-Value (Weighted Avg) 50% 74% DSCR (Weighted Avg) (1) 2.67x 1.12x Seasoning (Weighted Avg) 72 months 71 months % of Total Loans 2.2% 0.3% 6/30/2024 Loan Balance Outstanding, Total $312.0 million ACL Coverage Ratio 1.45% NPAs / Total Assets 0.01% Portfolio Delinquency 0.16% Portfolio Fundamentals • No exposure to large conference center hotels, large resorts or casinos • Mix of flagged properties and boutique hotels without significant exposure to central business districts • Loans to seasoned hotel operators, generally with significant resources • Underwriting consistent with management’s conservative approach • SBA represents the retained, unguaranteed portion of approximately 25% of the total outstanding balance By Geography (1) Portfolio Characteristics – Hotel / MotelSBA vs. non-SBA (1) Based on location of primary real property collateral. All California information is for respective county. Note: SBA loans are unguaranteed portion and represent approximately 25% of principal balance for the respective borrower INVESTOR REAL ESTATE SECURED: CRE NOO SBA HOTEL / MOTEL (1) DSCR is computed using the most recent NOI provided and annualized current payment amount

27© 2024 Pacific Premier Bancorp, Inc. | All rights reserved Portfolio Fundamentals • Relationship borrowers who are core banking clients of PPB • Repayment based on operating cash flows of the business • Business loans secured by owner occupied commercial real estate, along with the business assets of the operating entity occupying the property • Properties located in job centers, with emphasis on metro markets and supporting suburbs, primarily in California and Western states • Disciplined underwriting based on actual business cash flows, not projections • Portfolio is well diversified by industry and geography (1) Excludes SBA and Franchise loans By Geography (2) Portfolio Characteristics – CRE Owner OccupiedBy Industry (1) (1) Distribution by North American Industry Classification System (NAICS) (2) Based on location of primary real property collateral. All California information is for respective county 6/30/2024 Loan Balance Outstanding (1) $2.1 billion Number of Loans 1,358 Average Loan Size $1.5 million Loan-to-Value (Weighted Avg) 51% Seasoning (Weighted Avg) 55 months % of Total Loans 16.8% ACL Coverage Ratio 1.36% NPAs / Total Assets 0.05% Portfolio Delinquency 0.40% INVESTOR REAL ESTATE SECURED: CRE OWNER OCCUPIED

28© 2024 Pacific Premier Bancorp, Inc. | All rights reserved Portfolio Fundamentals • Commercial & Industrial loans focused on small and middle market businesses • Portfolio is well diversified by industry and geography • Majority of borrowers have a deposit relationship • Repayment based on operating cash flows of the business • Disciplined underwriting based on actual results, not projections • Limited exposure to syndicated or leveraged loans (1) Excludes SBA and Franchise loans (2) Based on commitment By Geography (2) Portfolio Characteristics - Commercial and IndustrialBy Industry (1) (1) Distribution by North American Industry Classification System (NAICS) (2) Based on location of primary real property collateral if available, otherwise borrower address is used. All California information is for respective county 6/30/2024 Loan Balance Outstanding (1) $1.6 billion Number of Loans 4,000 Average Loan Size $389,000 Number of Relationships 2,888 Average Relationship Size (2) $1.0 million % of Total Loans 12.3% ACL Coverage Ratio 2.07% NPAs / Total Assets 0.11% Portfolio Delinquency 0.17% COMMERCIAL AND INDUSTRIAL

29© 2024 Pacific Premier Bancorp, Inc. | All rights reserved Portfolio Fundamentals • Majority of Franchise portfolio are Quick Service Restaurant (“QSR”) brands and fast food with national scale with the resources to innovate and command market share • Well diversified by brand, guarantors, geography and collateral type (CRE and C&I) • 100% of the QSR franchise concepts in our portfolio profile have drive-thru, takeout and/or delivery capabilities, with this component expected to remain higher than pre-pandemic levels and thus bring added strength to our portfolio • Borrowers have over 24 years of operating experience on average • Principals provide personal guarantees and all related loans are cross collateralized and cross defaulted • Highly disciplined approach, maintain well-defined market niche with minimal exceptions (1) Based on commitment (2) Fixed Charge Coverage Ratio includes certain fixed expenses in the denominator and is a more conservative measure than DSCR By Geography (2) Portfolio Characteristics - FranchiseBy Concept (1) (1) Other category includes 15 different concepts, none of which is more than 3% (2) Based on state of primary real property collateral if available, otherwise borrower address. Other category includes 27 different states, none of which is more than 4%. 6/30/2024 Loan Balance Outstanding $532.2 million % of Loans Secured by Real Estate Collateral 52% Number of Relationships 140 Average Relationship Size (1) $3.8 million Average Length of Relationship 69 months Number of Loans 538 Average Loan Size $989,000 FCCR (Weighted Avg) (2) 1.60 % of Total Loans 4.3% ACL Coverage Ratio 3.37% NPAs / Total Assets 0.01% Portfolio Delinquency 0.88% FRANCHISE LOANS

Strategy and Technology Overview

31 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved PREMIER 360™ Total client transparency throughout the organization using proprietary Salesforce™ enabled platform ™ Client and Data Management Highly customized solution designed to enhance the client experience, maximize banking relationships, optimize business development and accelerate new client acquisition Workflow Management Automated workflows centered around the client, allowing Pacific Premier to be highly efficient and maximize resource capacity Call Center Management Using the combination of top tier call center technology and Premier 360™, provides employees the right tools to deliver best-in-class services Digital Marketing Management Marketing automation that sends electronic communications to prospective and existing clients on behalf of Pacific Premier ™

32 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved CLIENT ACQUISITION - PREMIER 360™ New Client Acquisition Onboarding Clients Premier360™ Reporting  Premier360™ is the central database of all potential banking clients and referral sources  Each relationship manager owns a targeted number of prospects and referral sources which they call regularly  Marketing campaigns are customized, targeted and delivered digitally to prospective clients enabling better call penetration  All client onboarding starts and finishes through Premier360™ – universal client view as every business unit has visibility of each prospective and existing client  Each potential banking relationship is customized to the current and future banking needs of the client  Clients have a dedicated relationship manager that owns the relationship  All potential client and referral source calls and appointments are tracked with activity reports in Premier360™  All business units have access to onboarding pipeline to track progress to ensure client expectations are met  All existing client calls and appointments are tracked in Premier360™ to foster stronger relationships

PPBI Culture and ESG

34 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved CULTURE AT PACIFIC PREMIER Our culture is defined by our Success Attributes and they are the foundation of our “one bank, one culture” approach Organizational Culture Integrity • Do the right thing, every time. • Conduct business with the highest ethical standards. • Take responsibility for your actions. Improve • Improvement is incremental. Small changes over time have a significant impact. • Mistakes happen. Learn from them and don’t repeat them. • Be responsible for your personal and professional development. Communicate • Over-communicate. • Provide timely and complete information to all stakeholders. • Collaborate to make better decisions. Achieve • Results matter. • Be open to achieving results in new ways. • A winning attitude is contagious. Urgency • Operate with a sense of urgency. • Be thoughtful, making decisions in a timely manner. • Act today, not tomorrow.

35 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved We are focused on transparency and continuous improvement in ESG Environmental ISS QualityScore: 4 Social ISS QualityScore: 3 Governance ISS QualityScore: 1 • Relaunched FreshStart checking account to meet the needs of unbanked and underbanked individuals • Sourced and implemented ESG module in enterprise risk management platform, ensuring ESG risk integration across the company • Awarded an Outstanding rating in our last two consecutive Community Reinvestment Act (CRA) exams • Launched security campaigns to test the effectiveness of employee cybersecurity training and communication Current initiatives aim to improve disclosures, evaluate climate risk, and reduce environmental impact Commitment to our communities, customers and employees is at the core of our ESG strategy(1) Community Support 10,800 Volunteer hours 415+ Organizations supported Our full Board is responsible for overseeing ESG and corporate social responsibility efforts throughout the organization 37% Charitable giving budget dedicated to financial education 1,336 Small business workshops conducted through partnerships • Disclosed Scope 1 and Scope 2 greenhouse gas emissions for three consecutive years • Established underwriting guidance for evaluating climate-related credit risks developed by the Bank’s Climate Risk Working Group • Diverted over 22,000 pounds of electronic waste away from landfills • Continued phasing out purchases of single-use cups, plates, and utensils in offices 1. Equitable Access & Financial Inclusion and Community Support data is for the 12-month period ended December 31, 2023 2. Workforce diversity figures disclosed are based on 2023 data Equitable Access & Financial Inclusion COMMITMENT TO ESG • Under the Board, efforts to control and mitigate ESG- related risks are being implemented consistent with the three-line of defense model • 50% of Board committees chaired by diverse Directors (gender or ethnic) • 45% of Independent Directors are women and/or of ethnic diversity 2 Employee HighlightsCommitment to Human Capital(2) Commitment to Continuous Improvement • Launched Premier Pathways program to promote career development and advancement • Formed Women in Leadership group focused on mentoring high- performing future women leaders • Surpassed average participation rates at 91% in 2023 Premier Perspective Gallup employee engagement survey

36 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved Four Independent Directors Independent Director Tenure Added Since 2020 As of 6/30/2024 2022 Rose McKinney-James Managing Principal, Energy Works LLC and McKinney-James & Associates Director, MGM Resorts International Stephanie Hsieh CEO of Waban Advisors, Inc. and prior Executive Director, Biocom California 2021 George Pereira Prior COO and CFO, Charles Schwab Investment Management Inc. 2020 Richard Thomas Prior EVP / CFO, CVB Financial Corp. Former Partner, Deloitte Commitment to regular refreshment to evolve our Board in line with our strategy Process Overview • Our Board is committed to annually reviewing the appropriate skills and characteristics required of directors • The Board believes in and actively practices diversity and inclusion, with 50% of its independent directors demonstrating gender or ethnic diversity at 6/30/2024 Key Selection Criteria  Integrity and independence  Composition of the board should reflect sensitivity to the need for diversity with respect to gender, ethnic background and experience  Substantial accomplishments, and prior or current association with institutions noted for their excellence  Demonstrated leadership ability, with broad experience, diverse perspectives and the ability to exercise sound business judgment  Banking/Financial Services expertise  Public company oversight experience  Significant experience in governance areas such as audit, corporate governance, enterprise risk, executive compensation practices, regulatory compliance, data security, technology, climate-related risk oversight and corporate social responsibility  Special skills, expertise or background that add to and complement the Board’s range of skills  Career success that demonstrates the ability to make the kind of important and sensitive judgments that the Board is called upon to make  Availability and energy necessary to perform duties as a director Our Process in Action Average Tenure 6.1 Years BOARD REFRESHMENT & EVALUATION PROCESS 10+ Years 10% 0-4 Years 40% 5-9 Years 50%

37 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved PPBI INVESTMENT THESIS  Shareholder value is our key focus – building long-term value for our owners  Our culture differentiates us and drives fundamentals for all stakeholders  Diverse Board advising on strategy, overseeing risk and ESG, and supporting long-term value creation  Financial results remain solid – strong capital ratios and core earnings  Emphasis on risk management is a key strength of our organization  We have maintained a strong credit culture in both good times and bad  Highly experienced and respected bank acquirer – 11 successful acquisitions since 2011

Appendix: Information - Non-GAAP Reconciliation

39 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved NON-U.S. GAAP FINANCIAL MEASURES 1. Adjusted by statutory tax rate For periods presented below, return on average assets excluding the FDIC special assessment is a non-GAAP financial measure derived from GAAP based amounts. We calculate this figure by excluding the FDIC special assessment and the related tax impact from net income. Management believes that the exclusion of such nonrecurring items from this financial measure provides useful information to gain an understanding of the operating results of our core business and a better comparison of financial performance. (Dollars in thousands) 2Q 2024 1Q 2024 2Q 2023 Net income 41,905$ 47,025$ 57,636$ Add: FDIC special assessment (161) 523 - Less: tax adjustment (1) (45) 148 - Adjusted net income for average assets 41,789$ 47,400$ 57,636$ Average assets 18,595,683$ 19,034,396$ 21,058,006$ Return on average assets (annualized) 0.90% 0.99% 1.09% Adjusted return on average assets (annualized) 0.90% 1.00% 1.09%

40 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved NON-U.S. GAAP FINANCIAL MEASURES Note: All dollars in thousands, except per share data Tangible book value per share and tangible common equity to tangible assets (the “tangible common equity ratio”) are non-GAAP financial measures derived from GAAP- based amounts. We calculate tangible book value per share by dividing tangible common equity by common shares outstanding, as compared to book value per share, which we calculate by dividing common stockholders' equity by shares outstanding. We calculate the tangible common equity ratio by excluding the balance of intangible assets from common stockholders' equity and dividing by tangible assets. We believe that this information is consistent with the treatment by bank regulatory agencies, which excludes intangible assets from the calculation of risk-based capital ratios. Accordingly, we believe that these non-GAAP financial measures provide information that is important to investors and that is useful in understanding our capital position and ratios. However, these non-U.S. GAAP financial measures are supplemental and are not a substitute for an analysis based on U.S. GAAP measures. As other companies may use different calculations for these measures, this presentation may not be comparable to other similarly titled measures reported by other companies. A reconciliation of the non-U.S. GAAP measure of tangible common equity ratio to the U.S. GAAP measure of common equity ratio and tangible book value per share to the U.S. GAAP measure of book value per share are set forth below. June 30, Sept. 30, Dec. 31, March 31, June 30, 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2023 2023 2024 2024 Total stockholders' equity 175,226$ 199,592$ 298,980$ 459,740$ 1,241,996$ 1,969,697$ 2,012,594$ 2,746,649$ 2,886,311$ 2,798,389$ 2,849,134$ 2,855,534$ 2,882,581$ 2,902,801$ 2,923,764$ Less: intangible assets 24,056 28,564 58,002 111,941 536,343 909,282 891,634 984,076 970,883 956,900 950,674 947,619 944,597 941,761 938,998 Tangible common equity 151,170$ 171,028$ 240,978$ 347,799$ 705,653$ 1,060,415$ 1,120,960$ 1,762,573$ 1,915,428$ 1,841,489$ 1,898,460$ 1,907,915$ 1,937,984$ 1,961,040$ 1,984,766$ Total assets 1,714,187$ 2,037,731$ 2,789,599$ 4,036,311$ 8,024,501$ 11,487,387$ 11,776,012$ 19,736,544$ 21,094,429$ 21,688,017$ 20,747,883$ 20,275,720$ 19,026,645$ 18,813,181$ 18,332,325$ Less: Intangible assets 24,056 28,564 58,002 111,941 536,343 909,282 891,634 984,076 970,883 956,900 950,674 947,619 944,597 941,761 938,998 Tangible assets 1,690,131$ 2,009,167$ 2,731,597$ 3,924,370$ 7,488,158$ 10,578,105$ 10,884,378$ 18,752,468$ 20,123,546$ 20,731,117$ 19,797,209$ 19,328,101$ 18,082,048$ 17,871,420$ 17,393,327$ Tangible common equity ratio 8.94% 8.51% 8.82% 8.86% 9.42% 10.02% 10.30% 9.40% 9.52% 8.88% 9.59% 9.87% 10.72% 10.97% 11.41% Basic shares outstanding 16,656,279 16,903,884 21,570,746 27,798,283 46,245,050 62,480,755 59,506,057 94,483,136 94,389,543 95,021,760 95,906,217 95,900,847 95,860,092 96,459,966 96,434,047 Book value per share 10.52$ 11.81$ 13.86$ 16.54$ 26.86$ 31.52$ 33.82$ 29.07$ 30.58$ 29.45$ 29.71$ 29.78$ 30.07$ 30.09$ 30.32$ Less: intangible book value per share 1.44 1.69 2.69 4.03 11.60 14.55 14.98 10.42 10.29 10.07 9.91 9.88 9.85 9.76 9.74 Tangible book value per share 9.08$ 10.12$ 11.17$ 12.51$ 15.26$ 16.97$ 18.84$ 18.65$ 20.29$ 19.38$ 19.79$ 19.89$ 20.22$ 20.33$ 20.58$ As ofAs of December 31,

41 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved NON-U.S. GAAP FINANCIAL MEASURES Note: All dollars in thousands For periods presented below, return on average tangible common equity is a non-GAAP financial measure derived from GAAP-based amounts. We calculate this figure by excluding amortization of intangible assets expense from net income and excluding the average intangible assets and average goodwill from the average stockholders' equity during the periods indicated. Management believes that the exclusion of such items from this financial measure provides useful information to gain an understanding of the operating results of our core business. The adjusted net income, adjusted return on average equity, and adjusted return on average tangible common equity further exclude the nonrecurring items to provide a better comparison to the financial results of prior periods. 1. Adjusted by statutory tax rate 2Q 2024 1Q 2024 2Q 2023 Net income 41,905$ 47,025$ 57,636$ Plus: amortization of intangible assets expense 2,763 2,836 3,055 Less: tax adjustment(1) 781 801 868 Net income for average tangible common equity 43,887$ 49,060$ 59,823$ Add: FDIC special assessment (161) 523 - Less: tax adjustment(1) (45) 148 - Adjusted net income for average tangible common equity 43,771$ 49,435$ 59,823$ Average stockholders' equity 2,908,015$ 2,895,949$ 2,843,361$ Less: average intangible assets 39,338 42,134 51,180 Less: average goodwill 901,312 901,312 901,312 Average tangible common equity 1,967,365$ 1,952,503$ 1,890,869$ Return on average equity (annualized) 5.76% 6.50% 8.11% Adjusted return on average equity (annualized) 5.75% 6.55% 8.11% Return on average tangible common equity (annualized) 8.92% 10.05% 12.66% Adjusted return on average tangible common equity (annualized) 8.90% 10.13% 12.66%

42 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved NON-U.S. GAAP FINANCIAL MEASURES Note: All dollars in thousands Efficiency ratio is a non-GAAP financial measure derived from GAAP-based amounts. This figure represents the ratio of noninterest expense, less amortization of intangible assets and other real estate owned operations, where applicable, to the sum of net interest income before provision for credit losses and total noninterest income less (loss) gain from other real estate owned and gain from debt extinguishment. The adjusted efficiency ratio further excludes the FDIC special assessment to provide a better comparison to the financial results of prior periods. Management believes that the exclusion of such items from this financial measure provides useful information to gain an understanding of the operating results of our core business. Q2 2024 Q1 2024 Q2 2023 Total noninterest expense 97,567$ 102,633$ 100,644$ Less: amortization of intangible assets expense 2,763 2,836 3,055 Less: other real estate owned operations, net - 46 8 Noninterest expense, adjusted 94,804 99,751 97,581 Less: FDIC special assessment (161) 523 - Adjusted noninterest expense excluding FDIC special assessment 94,965$ 99,228$ 97,581$ Net interest income 136,394$ 145,127$ 160,092$ Plus: total noninterest income 18,222 25,774 20,539 Less: net gain (loss) from other real estate owned (28) - 106 Less: net gain (loss) from debt extinguishment - 5,067 - Revenue, adjusted 154,644$ 165,834$ 180,525$ Efficiency ratio 61.3% 60.2% 54.1% Adjusted efficiency ratio excluding FDIC special assessment 61.4% 59.8% 54.1%

43 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved NON-U.S. GAAP FINANCIAL MEASURES Note: All dollars in thousands Pre-provision net revenue is a non-GAAP financial measure derived from GAAP-based amounts. We calculate the pre-provision net revenue by excluding income tax and provision for credit losses from net income. The adjusted pre-provision net income further excludes the FDIC special assessment to provide a better comparison of financial performance. Management believes that the exclusion of such items from this financial measure provides useful information to gain an understanding of the operating results of our core business and a better comparison to the financial results of prior periods. Q2 2024 Q1 2024 Q2 2023 Interest income 208,054$ 213,431$ 225,388$ Interest expense 71,660 68,304 65,296 Net interest income 136,394 145,127 160,092 Noninterest income 18,222 25,774 20,539 Revenue 154,616 170,901 180,631 Noninterest expense 97,567 102,633 100,644 Pre-provision net revenue 57,049 68,268 79,987 Add: FDIC special assessment (161) 523 - Adjusted pre-provision net revenue 56,888$ 68,791$ 79,987$ Pre-provision net revenue (annualized) 228,196$ 273,072$ 319,948$ Adjusted pre-provision net revenue (annualized) 227,552$ 275,164$ 319,948$ Average assets 18,595,683$ 19,034,396$ 21,058,006$ PPNR / average assets 0.31% 0.36% 0.38% PPNR / average assets (annualized) 1.23% 1.43% 1.52% Adjusted PPNR / average assets 0.31% 0.36% 0.38% Adjusted PPNR / average assets (annualized) 1.22% 1.45% 1.52%

44 © 2024 Pacific Premier Bancorp, Inc. | All rights reserved NON-U.S. GAAP FINANCIAL MEASURES Cost of non-maturity deposits is a non-GAAP financial measure derived from GAAP-based amounts. Cost of non-maturity deposits is calculated as the ratio of non- maturity deposit interest expense to average non-maturity deposits. We calculate non-maturity deposit interest expense by excluding interest expense for all certificates of deposit from total deposit expense, and we calculate average non-maturity deposits by excluding all certificates of deposit from total deposits. Management believes cost of non-maturity deposits is a useful measure to assess the Company's deposit base, including its potential volatility. Note: All dollars in thousands Q2 2024 Q1 2024 Q2 2023 Total deposits interest expense 64,229$ 59,506$ 53,580$ Less: certificates of deposit interest expense 21,115 19,075 10,306 Less: brokered certificates of deposit interest expense 6,506 6,669 18,869 Non-maturity deposit expense 36,608$ 33,762$ 24,405$ Total average deposits 14,941,573$ 15,055,747$ 16,876,251$ Less: average certificates of deposit 1,830,516 1,727,728 1,286,160 Less: average brokered certificates of deposits 542,699 568,872 1,767,970 Average non-maturity deposits 12,568,358$ 12,759,147$ 13,822,121$ Cost of non-maturity deposits 1.17% 1.06% 0.71%


99.1			Press Release dated July 24, 2024
99.2			Investor Presentation, Second Quarter 2024
104			Cover Page Interactive Data File (embedded within the Inline XBRL document)


		PACIFIC PREMIER BANCORP, INC.

Dated:	July 24, 2024	By:	/s/ STEVEN R. GARDNER
			Steven R. Gardner
			Chairman, Chief Executive Officer, and President


PACIFIC PREMIER BANCORP, INC. AND SUBSIDIARIES
CONSOLIDATED AVERAGE BALANCES AND YIELD DATA
(Unaudited)
	Three Months Ended
	June 30, 2024						March 31, 2024						June 30, 2023
(Dollars in thousands)	Average Balance		Interest Income/Expense		Average Yield/ Cost		Average Balance		Interest Income/Expense		Average Yield/ Cost		Average Balance		Interest Income/Expense		Average Yield/ Cost
Assets
Cash and cash equivalents	$	1,134,736	$	13,666	4.84	%	$	1,140,909	$	13,638	4.81	%	$	1,433,137	$	16,600	4.65	%
Investment securities	2,964,909		26,841		3.62		2,948,170		26,818		3.64		3,926,568		25,936		2.64
Loans receivable, net (1) (2)	12,724,545		167,547		5.30		13,149,038		172,975		5.29		13,927,145		182,852		5.27
Total interest-earning assets	$	16,824,190	$	208,054	4.97		$	17,238,117	$	213,431	4.98		$	19,286,850	$	225,388	4.69

Liabilities
Interest-bearing deposits	$	10,117,571	$	64,229	2.55	%	$	10,058,808	$	59,506	2.38	%	$	10,797,708	$	53,580	1.99	%
Borrowings	532,251		7,431		5.59		850,811		8,798		4.15		1,131,465		11,716		4.15
Total interest-bearing liabilities	$	10,649,822	$	71,660	2.71		$	10,909,619	$	68,304	2.52		$	11,929,173	$	65,296	2.20
Noninterest-bearing deposits	$	4,824,002					$	4,996,939					$	6,078,543
Net interest income			$	136,394					$	145,127					$	160,092
Net interest margin (3)					3.26	%					3.39	%					3.33	%
Cost of deposits (4)					1.73						1.59						1.27
Cost of funds (5)					1.86						1.73						1.45
Cost of non-maturity deposits (6)					1.17						1.06						0.71
Ratio of interest-earning assets to interest-bearing liabilities					157.98						158.01						161.68


	Three Months Ended
	June 30,		March 31,		June 30,
(Dollars in thousands)	2024		2024		2023
Provision for credit losses
Provision for loan losses	$	1,756	$	6,288	$	610
Provision for unfunded commitments	(505)		(2,425)		1,003

Provision for held-to-maturity securities	14		(11)		(114)
Total provision for credit losses	$	1,265	$	3,852	$	1,499


	Three Months Ended
	June 30,		March 31,		June 30,
(Dollars in thousands)	2024		2024		2023
Noninterest income
Loan servicing income	$	510	$	529	$	493
Service charges on deposit accounts	2,710		2,688		2,670
Other service fee income	309		336		315
Debit card interchange fee income	925		765		914
Earnings on bank owned life insurance	4,218		4,159		3,487
Net gain from sales of loans	65		—		345

Trust custodial account fees	8,950		10,642		9,360
Escrow and exchange fees	702		696		924
Other (loss) income	(167)		5,959		2,031
Total noninterest income	$	18,222	$	25,774	$	20,539


	Three Months Ended June 30, 2024

(Dollars in thousands)	Beginning ACL Balance		Charge-offs		Recoveries		Provision for Credit Losses		Ending ACL Balance
Investor loans secured by real estate
CRE non-owner-occupied	$	30,781	$	(4,196)	$	1,500	$	1,653	$	29,738
Multifamily	58,411		(7,372)		—		6,259		57,298
Construction and land	8,171		—		—		2,633		10,804
SBA secured by real estate (1)	2,184		(153)		86		25		2,142
Business loans secured by real estate (2)
CRE owner-occupied	28,760		—		121		(350)		28,531
Franchise real estate secured	7,258		—		—		(464)		6,794
SBA secured by real estate (3)	4,288		—		1		(155)		4,134
Commercial loans (4)
Commercial and industrial	37,107		(968)		148		(4,030)		32,257
Franchise non-real estate secured	14,320		—		1,375		(4,565)		11,130
SBA non-real estate secured	495		(6)		3		(10)		482
Retail loans
Single family residential (5)	442		—		3		(46)		399
Consumer loans	123		(835)		—		806		94
Totals	$	192,340	$	(13,530)	$	3,237	$	1,756	$	183,803


PACIFIC PREMIER BANCORP, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION
(Unaudited)
	June 30,		March 31,		December 31,		September 30,		June 30,
(Dollars in thousands)	2024		2024		2023		2023		2023
ASSETS


Cash and cash equivalents	$	899,817	$	1,028,818	$	936,473	$	1,400,276	$	1,463,677
Interest-bearing time deposits with financial institutions	996		995		995		1,242		1,487
Investment securities held-to-maturity, at amortized cost, net of allowance for credit losses	1,710,141		1,720,481		1,729,541		1,737,866		1,737,604
Investment securities available-for-sale, at fair value	1,320,050		1,154,021		1,140,071		1,914,599		2,011,791
FHLB, FRB, and other stock	97,037		97,063		99,225		105,505		105,369
Loans held for sale, at lower of amortized cost or fair value	140		—		—		641		2,184
Loans held for investment	12,489,951		13,012,071		13,289,020		13,270,120		13,610,282
Allowance for credit losses	(183,803)		(192,340)		(192,471)		(188,098)		(192,333)
Loans held for investment, net	12,306,148		12,819,731		13,096,549		13,082,022		13,417,949
Accrued interest receivable	69,629		67,642		68,516		68,131		70,093
Other real estate owned	—		248		248		450		270
Premises and equipment, net	52,137		54,789		56,676		59,396		61,527
Deferred income taxes, net	108,607		111,390		113,580		192,208		184,857
Bank owned life insurance	477,694		474,404		471,178		468,191		465,288
Intangible assets	37,686		40,449		43,285		46,307		49,362
Goodwill	901,312		901,312		901,312		901,312		901,312
Other assets	350,931		341,838		368,996		297,574		275,113
Total assets	$	18,332,325	$	18,813,181	$	19,026,645	$	20,275,720	$	20,747,883

LIABILITIES
Deposit accounts:
Noninterest-bearing checking	$	4,616,124	$	4,997,636	$	4,932,817	$	5,782,305	$	5,895,975
Interest-bearing:
Checking	2,776,212		2,785,626		2,899,621		2,598,449		2,759,855
Money market/savings	4,844,585		5,037,636		4,868,442		4,873,582		4,801,288
Retail certificates of deposit	1,906,552		1,794,813		1,684,560		1,525,919		1,366,071
Wholesale/brokered certificates of deposit	484,181		572,117		610,186		1,227,192		1,716,686
Total interest-bearing	10,011,530		10,190,192		10,062,809		10,225,142		10,643,900
Total deposits	14,627,654		15,187,828		14,995,626		16,007,447		16,539,875
FHLB advances and other borrowings	200,000		200,000		600,000		800,000		800,000
Subordinated debentures	332,160		332,001		331,842		331,682		331,523

Accrued expenses and other liabilities	248,747		190,551		216,596		281,057		227,351
Total liabilities	15,408,561		15,910,380		16,144,064		17,420,186		17,898,749
STOCKHOLDERS’ EQUITY

Common stock	941		941		938		937		937
Additional paid-in capital	2,383,615		2,378,171		2,377,131		2,371,941		2,366,639
Retained earnings	629,341		619,405		604,137		771,285		757,025
Accumulated other comprehensive loss	(90,133)		(95,716)		(99,625)		(288,629)		(275,467)
Total stockholders' equity	2,923,764		2,902,801		2,882,581		2,855,534		2,849,134
Total liabilities and stockholders' equity	$	18,332,325	$	18,813,181	$	19,026,645	$	20,275,720	$	20,747,883


PACIFIC PREMIER BANCORP, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
	Three Months Ended						Six Months Ended
	June 30,		March 31,		June 30,		June 30,		June 30,
(Dollars in thousands, except per share data)	2024		2024		2023		2024		2023
INTEREST INCOME
Loans	$	167,547	$	172,975	$	182,852	$	340,522	$	363,810
Investment securities and other interest-earning assets	40,507		40,456		42,536		80,963		82,921
Total interest income	208,054		213,431		225,388		421,485		446,731
INTEREST EXPENSE
Deposits	64,229		59,506		53,580		123,735		93,814
FHLB advances and other borrowings	2,330		4,237		7,155		6,567		15,093
Subordinated debentures	5,101		4,561		4,561		9,662		9,122
Total interest expense	71,660		68,304		65,296		139,964		118,029
Net interest income before provision for credit losses	136,394		145,127		160,092		281,521		328,702
Provision for credit losses	1,265		3,852		1,499		5,117		4,515
Net interest income after provision for credit losses	135,129		141,275		158,593		276,404		324,187
NONINTEREST INCOME
Loan servicing income	510		529		493		1,039		1,066
Service charges on deposit accounts	2,710		2,688		2,670		5,398		5,299
Other service fee income	309		336		315		645		611
Debit card interchange fee income	925		765		914		1,690		1,717
Earnings on bank owned life insurance	4,218		4,159		3,487		8,377		6,861
Net gain from sales of loans	65		—		345		65		374
Net gain from sales of investment securities	—		—		—		—		138
Trust custodial account fees	8,950		10,642		9,360		19,592		20,385
Escrow and exchange fees	702		696		924		1,398		1,982
Other (loss) income	(167)		5,959		2,031		5,792		3,292
Total noninterest income	18,222		25,774		20,539		43,996		41,725
NONINTEREST EXPENSE
Compensation and benefits	53,140		54,130		53,424		107,270		107,717
Premises and occupancy	10,480		10,807		11,615		21,287		23,357
Data processing	7,754		7,511		7,488		15,265		14,753
Other real estate owned operations, net	—		46		8		46		116
FDIC insurance premiums	1,873		2,629		2,357		4,502		4,782
Legal and professional services	1,078		4,143		4,716		5,221		10,217
Marketing expense	1,724		1,558		1,879		3,282		3,717
Office expense	1,077		1,093		1,280		2,170		2,512
Loan expense	840		770		567		1,610		1,213
Deposit expense	12,289		12,665		9,194		24,954		17,630

Amortization of intangible assets	2,763		2,836		3,055		5,599		6,226
Other expense	4,549		4,445		5,061		8,994		9,756
Total noninterest expense	97,567		102,633		100,644		200,200		201,996
Net income before income taxes	55,784		64,416		78,488		120,200		163,916
Income tax expense	13,879		17,391		20,852		31,270		43,718
Net income	$	41,905	$	47,025	$	57,636	$	88,930	$	120,198
EARNINGS (LOSS) PER SHARE
Basic	$	0.43	$	0.49	$	0.60	$	0.92	$	1.26
Diluted	$	0.43	$	0.49	$	0.60	$	0.92	$	1.26
WEIGHTED AVERAGE SHARES OUTSTANDING
Basic	94,628,201		94,350,259		94,166,083		94,489,230		94,012,799
Diluted	94,716,205		94,477,355		94,215,967		94,597,559		94,192,341


PACIFIC PREMIER BANCORP, INC. AND SUBSIDIARIES
LOAN PORTFOLIO COMPOSITION
(Unaudited)

	June 30,		March 31,		December 31,		September 30,		June 30,
(Dollars in thousands)	2024		2024		2023		2023		2023
Investor loans secured by real estate
CRE non-owner-occupied	$	2,245,474	$	2,309,252	$	2,421,772	$	2,514,056	$	2,571,246
Multifamily	5,473,606		5,558,966		5,645,310		5,719,210		5,788,030
Construction and land	453,799		486,734		472,544		444,576		428,287
SBA secured by real estate (1)	33,245		35,206		36,400		37,754		38,876
Total investor loans secured by real estate	8,206,124		8,390,158		8,576,026		8,715,596		8,826,439
Business loans secured by real estate (2)
CRE owner-occupied	2,096,485		2,149,362		2,191,334		2,228,802		2,281,721
Franchise real estate secured	274,645		294,938		304,514		313,451		318,539
SBA secured by real estate (3)	46,543		48,426		50,741		53,668		57,084
Total business loans secured by real estate	2,417,673		2,492,726		2,546,589		2,595,921		2,657,344
Commercial loans (4)
Commercial and industrial	1,554,735		1,774,487		1,790,608		1,588,771		1,744,763
Franchise non-real estate secured	257,516		301,895		319,721		335,053		351,944
SBA non-real estate secured	10,346		10,946		10,926		10,667		9,688
Total commercial loans	1,822,597		2,087,328		2,121,255		1,934,491		2,106,395
Retail loans
Single family residential (5)	70,380		72,353		72,752		70,984		70,993
Consumer	1,378		1,830		1,949		1,958		2,241
Total retail loans	71,758		74,183		74,701		72,942		73,234
Loans held for investment before basis adjustment (6)	12,518,152		13,044,395		13,318,571		13,318,950		13,663,412
Basis adjustment associated with fair value hedge (7)	(28,201)		(32,324)		(29,551)		(48,830)		(53,130)
Loans held for investment	12,489,951		13,012,071		13,289,020		13,270,120		13,610,282
Allowance for credit losses for loans held for investment	(183,803)		(192,340)		(192,471)		(188,098)		(192,333)
Loans held for investment, net	$	12,306,148	$	12,819,731	$	13,096,549	$	13,082,022	$	13,417,949

Loans held for sale, at lower of cost or fair value	$	140	$	—	$	—	$	641	$	2,184


PACIFIC PREMIER BANCORP, INC. AND SUBSIDIARIES
ASSET QUALITY INFORMATION
(Unaudited)

	June 30,			March 31,			December 31,			September 30,			June 30,
(Dollars in thousands)	2024			2024			2023			2023			2023
Asset quality
Nonperforming loans	$	52,119		$	63,806		$	24,817		$	25,458		$	17,151
Other real estate owned	—			248			248			450			270

Nonperforming assets	$	52,119		$	64,054		$	25,065		$	25,908		$	17,421

Total classified assets (1)	$	183,833		$	204,937		$	142,210		$	149,708		$	120,216
Allowance for credit losses	183,803			192,340			192,471			188,098			192,333
Allowance for credit losses as a percent of total nonperforming loans	353		%	301		%	776		%	739		%	1,121		%
Nonperforming loans as a percent of loans held for investment	0.42			0.49			0.19			0.19			0.13
Nonperforming assets as a percent of total assets	0.28			0.34			0.13			0.13			0.08
Classified loans to total loans held for investment	1.47			1.57			1.07			1.12			0.88
Classified assets to total assets	1.00			1.09			0.75			0.74			0.58
Net loan charge-offs for the quarter ended	$	10,293		$	6,419		$	3,902		$	6,752		$	3,665
Net loan charge-offs for the quarter to average total loans	0.08		%	0.05		%	0.03		%	0.05		%	0.03		%
Allowance for credit losses to loans held for investment (2)	1.47			1.48			1.45			1.42			1.41
Delinquent loans (3)
30 - 59 days	$	4,985		$	1,983		$	2,484		$	2,967		$	649
60 - 89 days	3,289			974			1,294			475			31
90+ days	9,649			9,221			6,276			7,484			30,271
Total delinquency	$	17,923		$	12,178		$	10,054		$	10,926		$	30,951
Delinquency as a percent of loans held for investment	0.14		%	0.09		%	0.08		%	0.08		%	0.23		%


PACIFIC PREMIER BANCORP, INC. AND SUBSIDIARIES
NONACCRUAL LOANS (1)
(Unaudited)

(Dollars in thousands)	Collateral Dependent Loans		ACL		Non-Collateral Dependent Loans		ACL		Total Nonaccrual Loans		Nonaccrual Loans With No ACL
June 30, 2024
Investor loans secured by real estate
CRE non-owner-occupied	$	19,381	$	—	$	—	$	—	$	19,381	$	19,381


SBA secured by real estate (2)	934		—		—		—		934		934
Total investor loans secured by real estate	20,315		—		—		—		20,315		20,315
Business loans secured by real estate (3)
CRE owner-occupied	8,439		—		—		—		8,439		8,439
Franchise real estate secured	—		—		292		37		292		—

Total business loans secured by real estate	8,439		—		292		37		8,731		8,439
Commercial loans (4)
Commercial and industrial	9,252		—		11,727		—		20,979		20,979
Franchise non-real estate secured	—		—		1,559		200		1,559		—
SBA not secured by real estate	535		—		—		—		535		535
Total commercial loans	9,787		—		13,286		200		23,073		21,514




Totals nonaccrual loans	$	38,541	$	—	$	13,578	$	237	$	52,119	$	50,268


PACIFIC PREMIER BANCORP, INC. AND SUBSIDIARIES
PAST DUE STATUS
(Unaudited)

			Days Past Due (7)
(Dollars in thousands)	Current		30-59		60-89		90+		Total
June 30, 2024
Investor loans secured by real estate
CRE non-owner-occupied	$	2,244,424	$	—	$	—	$	1,050	$	2,245,474
Multifamily	5,473,606		—		—		—		5,473,606
Construction and land	453,799		—		—		—		453,799
SBA secured by real estate (1)	32,748		—		—		497		33,245
Total investor loans secured by real estate	8,204,577		—		—		1,547		8,206,124
Business loans secured by real estate (2)
CRE owner-occupied	2,088,046		3,852		—		4,587		2,096,485
Franchise real estate secured	274,353		—		—		292		274,645
SBA secured by real estate (3)	46,543		—		—		—		46,543
Total business loans secured by real estate	2,408,942		3,852		—		4,879		2,417,673
Commercial loans (4)
Commercial and industrial	1,552,024		1,133		449		1,129		1,554,735
Franchise non-real estate secured	253,117		—		2,840		1,559		257,516
SBA not secured by real estate	9,811		—		—		535		10,346
Total commercial loans	1,814,952		1,133		3,289		3,223		1,822,597
Retail loans
Single family residential (5)	70,380		—		—		—		70,380
Consumer loans	1,378		—		—		—		1,378
Total retail loans	71,758		—		—		—		71,758

Loans held for investment before basis adjustment (6)	$	12,500,229	$	4,985	$	3,289	$	9,649	$	12,518,152


PACIFIC PREMIER BANCORP, INC. AND SUBSIDIARIES
CREDIT RISK GRADES
(Unaudited)

(Dollars in thousands)	Pass		Special Mention		Substandard		Doubtful		Total Gross Loans
June 30, 2024
Investor loans secured by real estate
CRE non-owner-occupied	$	2,204,871	$	3,585	$	37,018	$	—	$	2,245,474
Multifamily	5,455,303		18,303		—		—		5,473,606
Construction and land	453,375		424		—		—		453,799
SBA secured by real estate (1)	25,026		1,130		7,089		—		33,245
Total investor loans secured by real estate	8,138,575		23,442		44,107		—		8,206,124
Business loans secured by real estate (2)
CRE owner-occupied	2,014,813		32,938		48,734		—		2,096,485
Franchise real estate secured	271,264		1,579		1,802		—		274,645
SBA secured by real estate (3)	42,673		82		3,788		—		46,543
Total business loans secured by real estate	2,328,750		34,599		54,324		—		2,417,673
Commercial loans (4)
Commercial and industrial	1,456,169		29,183		65,708		3,675		1,554,735
Franchise non-real estate secured	241,664		602		15,250		—		257,516
SBA not secured by real estate	9,577		—		769		—		10,346
Total commercial loans	1,707,410		29,785		81,727		3,675		1,822,597
Retail loans
Single family residential (5)	70,380		—		—		—		70,380
Consumer loans	1,378		—		—		—		1,378
Total retail loans	71,758		—		—		—		71,758
Loans held for investment before basis adjustment (6)	$	12,246,493	$	87,826	$	180,158	$	3,675	$	12,518,152


For periods presented below, return on average assets excluding the FDIC special assessment is a non-GAAP financial measure derived from GAAP based amounts. We calculate this figure by excluding the FDIC special assessment and the related tax impact from net income. Management believes that the exclusion of such nonrecurring items from this financial measure provides useful information to gain an understanding of the operating results of our core business and a better comparison of financial performance.
	Three Months Ended
	June 30,			March 31,			June 30,
(Dollars in thousands)	2024			2024			2023
Net income	$	41,905		$	47,025		$	57,636

Add: FDIC special assessment	(161)			523			—

Less: tax adjustment (1)	(45)			148			—
Adjusted net income for average assets	$	41,789		$	47,400		$	57,636

Average assets	$	18,595,683		$	19,034,396		$	21,058,006

ROAA (annualized)	0.90		%	0.99		%	1.09		%
Adjusted ROAA (annualized)	0.90		%	1.00		%	1.09		%


Pre-provision net revenue is a non-GAAP financial measure derived from GAAP-based amounts. We calculate the pre-provision net revenue by excluding income tax and provision for credit losses from net income. The adjusted pre-provision net income further excludes the FDIC special assessment to provide a better comparison of financial performance. Management believes that the exclusion of such items from this financial measure provides useful information to gain an understanding of the operating results of our core business and a better comparison to the financial results of prior periods.

	Three Months Ended
	June 30,			March 31,			June 30,
(Dollars in thousands)	2024			2024			2023
Interest income	$	208,054		$	213,431		$	225,388
Interest expense	71,660			68,304			65,296
Net interest income	136,394			145,127			160,092
Noninterest income	18,222			25,774			20,539
Revenue	154,616			170,901			180,631
Noninterest expense	97,567			102,633			100,644

Pre-provision net revenue	57,049			68,268			79,987

Add: FDIC special assessment	(161)			523			—
Adjusted pre-provision net revenue	$	56,888		$	68,791		$	79,987

Pre-provision net revenue (annualized)	$	228,196		$	273,072		$	319,948
Adjusted pre-provision net revenue (annualized)	$	227,552		$	275,164		$	319,948

Average assets	$	18,595,683		$	19,034,396		$	21,058,006

Pre-provision net revenue to average assets	0.31		%	0.36		%	0.38		%
Pre-provision net revenue to average assets (annualized)	1.23		%	1.43		%	1.52		%
Adjusted pre-provision net revenue on average assets	0.31		%	0.36		%	0.38		%
Adjusted pre-provision net revenue on average assets (annualized)	1.22		%	1.45		%	1.52		%


Efficiency ratio is a non-GAAP financial measure derived from GAAP-based amounts. This figure represents the ratio of noninterest expense, less amortization of intangible assets and other real estate owned operations, where applicable, to the sum of net interest income before provision for credit losses and total noninterest income less (loss) gain from other real estate owned and gain from debt extinguishment. The adjusted efficiency ratio further excludes the FDIC special assessment to provide a better comparison to the financial results of prior periods. Management believes that the exclusion of such items from this financial measure provides useful information to gain an understanding of the operating results of our core business.

	Three Months Ended
	June 30,			March 31,			June 30,
(Dollars in thousands)	2024			2024			2023
Total noninterest expense	$	97,567		$	102,633		$	100,644
Less: amortization of intangible assets	2,763			2,836			3,055

Less: other real estate owned operations, net	—			46			8
Adjusted noninterest expense	94,804			99,751			97,581
Less: FDIC special assessment	(161)			523			—
Adjusted noninterest expense excluding FDIC special assessment	$	94,965		$	99,228		$	97,581

Net interest income before provision for credit losses	$	136,394		$	145,127		$	160,092
Add: total noninterest income	18,222			25,774			20,539


Less: net (loss) gain from other real estate owned	(28)			—			106
Less: net gain from debt extinguishment	—			5,067			—

Adjusted revenue	$	154,644		$	165,834		$	180,525

Efficiency ratio	61.3		%	60.2		%	54.1		%
Adjusted efficiency ratio excluding FDIC special assessment	61.4		%	59.8		%	54.1		%


Tangible book value per share and tangible common equity to tangible assets (the “tangible common equity ratio”) are non-GAAP financial measures derived from GAAP-based amounts. We calculate tangible book value per share by dividing tangible common equity by common shares outstanding, as compared to book value per share, which we calculate by dividing common stockholders' equity by shares outstanding. We calculate the tangible common equity ratio by excluding the balance of intangible assets from common stockholders' equity and dividing by tangible assets. We believe that this information is consistent with the treatment by bank regulatory agencies, which excludes intangible assets from the calculation of risk-based capital ratios. Accordingly, we believe that these non-GAAP financial measures provide information that is important to investors and that is useful in understanding our capital position and ratios.

	June 30,			March 31,			December 31,			September 30,			June 30,
(Dollars in thousands, except per share data)	2024			2024			2023			2023			2023
Total stockholders' equity	$	2,923,764		$	2,902,801		$	2,882,581		$	2,855,534		$	2,849,134
Less: intangible assets	938,998			941,761			944,597			947,619			950,674
Tangible common equity	$	1,984,766		$	1,961,040		$	1,937,984		$	1,907,915		$	1,898,460

Total assets	$	18,332,325		$	18,813,181		$	19,026,645		$	20,275,720		$	20,747,883
Less: intangible assets	938,998			941,761			944,597			947,619			950,674
Tangible assets	$	17,393,327		$	17,871,420		$	18,082,048		$	19,328,101		$	19,797,209

Tangible common equity ratio	11.41		%	10.97		%	10.72		%	9.87		%	9.59		%

Common shares issued and outstanding	96,434,047			96,459,966			95,860,092			95,900,847			95,906,217

Book value per share	$	30.32		$	30.09		$	30.07		$	29.78		$	29.71
Less: intangible book value per share	9.74			9.76			9.85			9.88			9.91
Tangible book value per share	$	20.58		$	20.33		$	20.22		$	19.89		$	19.79


Cost of non-maturity deposits is a non-GAAP financial measure derived from GAAP-based amounts. Cost of non-maturity deposits is calculated as the ratio of non-maturity deposit interest expense to average non-maturity deposits. We calculate non-maturity deposit interest expense by excluding interest expense for all certificates of deposit from total deposit expense, and we calculate average non-maturity deposits by excluding all certificates of deposit from total deposits. Management believes cost of non-maturity deposits is a useful measure to assess the Company's deposit base, including its potential volatility.

	Three Months Ended
	June 30,			March 31,			June 30,
(Dollars in thousands)	2024			2024			2023
Total deposits interest expense	$	64,229		$	59,506		$	53,580
Less: certificates of deposit interest expense	21,115			19,075			10,306
Less: brokered certificates of deposit interest expense	6,506			6,669			18,869
Non-maturity deposit expense	$	36,608		$	33,762		$	24,405

Total average deposits	$	14,941,573		$	15,055,747		$	16,876,251
Less: average certificates of deposit	1,830,516			1,727,728			1,286,160
Less: average brokered certificates of deposit	542,699			568,872			1,767,970
Average non-maturity deposits	$	12,568,358		$	12,759,147		$	13,822,121

Cost of non-maturity deposits	1.17		%	1.06		%	0.71		%