8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)  April 4, 2006

PACIFIC PREMIER BANCORP, INC.
(Exact name of registrant as specified in its charter)
DELAWARE	0-22193	33-0743196
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
1600 Sunflower Ave, Second Floor, Costa Mesa, CA		92626
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code  (714) 431-4000

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 7.01     REGULATION FD DISCLOSURE

On April 4, 2006, Pacific Premier Bancorp, Inc. President and CEO, Steven R. Gardner, will be presenting at California Bankers Association 2006 Strategic Issues Summit at 10:45 am PST.

ITEM 9.01     FINANCIAL STATEMENTS AND EXHIBITS

A copy of PPBI’s slide presentation as presented at the California Bankers Association 2006 Strategic Issues Summit on Tuesday, April 4, 2006, is attached hereto as Exhibit 99.1 and hereby incorporated by reference.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	PACIFIC PREMIER BANCORP, INC.
Dated: April 4, 2006	By:	/s/ STEVEN R. GARDNER
		Steven R. Gardner
		President and Chief Executive Officer

EX-99.1

Exhibit 99.1

[LOGO OF PACIFIC PREMIER BANCORP, INC.]

Carpenter & Company/CBA
“2006 Strategic Issues Summit”
April 4, 2006

Steven R. Gardner

President & CEO

WWW.PPBI.NET

TEAMWORK

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Forward-Looking Comments

The statements contained herein that are not historical facts are forward looking statements based on management’s current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting the Company will be the same as those anticipated by management. Actual results may differ from those projected in the forward-looking statements. These forward-looking statements involve risks and uncertainties. These include, but are not limited to, the following risks: (1) changes in the performance of the financial markets, (2) changes in the demand for and market acceptance of the Company’s products and services, (3) changes in general economic conditions including interest rates, presence of competitors with greater financial resources, and the impact of competitive projects and pricing, (4) the effect of the Company’s policies, (5) the continued availability of adequate funding sources, and (6) various legal, regulatory and litigation risks.

PPBI Overview

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Southern California Community Bank

Data as of 12/31/05

•	NASDAQ National Market	PPBI
•	Assets	$ 703 million
•	Fully diluted shares	6,658,240
•	Fully diluted BV	$ 8.09
•	Annualized ROAA	1.18%
•	Annualized ROAE	15.17%

PPBI Overview

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•	Transitioning business model
•	Balance Sheet strength
•	Favorable relative valuation

Today’s Agenda

Three Phase
Strategic Plan
•	Phase 1 – Risk Reduction
•	Phase 2 – Accelerated Growth
•	Phase 3 – Transition business model

Phase 1

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What We Inherited

Nationwide Subprime Lender

•	Assets	$552 million
•	Loans	$434 million
•	Subprime loans	75%
•	NPA’s	7.8%
•	Employees/Offices	334/10
•	Under capitalized
•	Subject to Regulatory Enforcement

Phase 1

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Completed June 2002

•	Assets	$246 million
•	Loans	$135 million
•	Employees/Offices	63/4
•	Substantial reduction in risk
•	Recapitalized - Private Placement
•	Note and warrant issued
•	Regulatory concerns resolved

Phase 2

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Accelerated growth

Loan Growth

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($ in millions)

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Deposit Growth

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($ in millions)

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Phase 2

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Completed 2004

•	Assets	$543 million
•	Loans	$472 million
•	Secondary Offering	$26 million
•	Note retired
•	Stage set for further growth

Southern California Market

It’s the Economy

Market Strength

	OC	So. Cal.
Total Deposits	$64 Billion	$385 Billion
Deposit Growth Rate	13.7%	11.7%
Population	3,000,000	21,900,000
Population Growth	4.96%	6.56%
Median Household Income	$ 64,611	$ 51,212
No. of Households	936,000	6,825,000

Sources: Dataplace, Rueters, State of California

Risk Management

Balance Sheet Strength

NPA’s to Total Assets

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Loan Characteristics

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Multifamily
Loan to Value	65.13
Debt Coverage Ratio	1.25
Average Balance	$764,916
ARM/3-yr fixed	62%/27%
Commercial RE
Loan to Value	63.54
Debt Coverage Ratio	1.34
Average Balance	$1,050,442
ARM/ 3-yr fixed	55%/25%

Data as of December 31, 2005

Phase 3

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Transition Business Model

• Diversification of Balance Sheet

Diversification

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Commercial RE Growth

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($ in millions)

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* Includes: Commercial, C&I, Land loans.

Deposit Mix

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As of December 31, 2005

Phase 3

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Transition Business Model

• Diversification of Balance Sheet

• Relationship Banking

Relationship Marketing

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Relationship Growth

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	9/30/ 2004		12/31/2005
No. Relationships		28		188
Loans	$	29,874,000	$	226,793,000
Deposits	$	969,000	$	16,025,000

Phase 3

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Transition Business Model

• Diversification of Balance Sheet

• Relationship Banking

• Expansion of Branch Network

Southern California Market

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Southern California Market

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Attractive Valuation

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Valuation relative to California Peers:

	P/EPS			P/TBV
CA Banks*		18	x		318	%
PPBI Metrics*		10.8	x		145	%
PPBI Asset CAGR					30.7	%**
PPBI EPS CAGR					13.6	%**

*	As of 1/26/06
**	Since 3/31/2002

PPBI Summary

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• Transition to Commercial Bank model

• Low Risk Balance Sheet

• Sustainable earnings growth

• Excellent time to invest

 [LOGO OF PACIFIC PREMIER BANCORP, INC.]

Trust, Service, Commitment…That’s my Bank.

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