Pacific Premier Bancorp, Inc. (PPBI)

Pacific Premier Bancorp Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	982.25	936.47	1,101	304.7	880.77	326.85
Investment Securities	2,424	2,245	2,273	2,492	2,678	916.88
Trading Asset Securities	4.2	112.15	14.42	11.99	13.97	2.1
Mortgage-Backed Securities	690.9	719.76	1,812	2,252	1,369	545.93
Total Investments	3,119	3,076	4,099	4,756	4,061	1,465
Gross Loans	12,071	13,332	14,733	14,376	13,353	8,763
Allowance for Loan Losses	-181.25	-192.47	-195.65	-197.75	-268.02	-35.7
Other Adjustments to Gross Loans	-35.9	-43.37	-56.7	-80.6	-116.4	-40.7
Net Loans	11,854	13,097	14,481	14,098	12,968	8,687
Property, Plant & Equipment	49.81	98.23	115.14	135.92	154.97	102.18
Goodwill	901.31	901.31	901.31	901.31	898.57	808.32
Other Intangible Assets	34.92	43.29	55.59	69.57	85.51	83.31
Loans Held for Sale	-	-	2.64	10.87	0.6	1.67
Accrued Interest Receivable	64.8	68.52	73.78	65.73	74.57	39.44
Other Receivables	-	-	-	-	5.8	-
Long-Term Deferred Tax Assets	104.56	113.58	183.6	87.34	89.06	-
Other Real Estate Owned & Foreclosed	-	0.25	-	-	-	0.44
Other Long-Term Assets	701.89	672.59	647.71	547.57	399.81	169.21
Total Assets	17,910	19,027	21,688	21,094	19,737	11,776
Accrued Expenses	85.63	80.8	73.22	69.84	116.15	49.98
Interest Bearing Deposits	9,231	8,621	9,068	9,865	9,377	4,493
Institutional Deposits	611	1,442	1,978	493	825.89	547.51
Non-Interest Bearing Deposits	4,639	4,933	6,307	6,757	6,011	3,858
Total Deposits	14,481	14,996	17,352	17,116	16,214	8,899
Short-Term Borrowings	8.38	10.72	12.53	5.26	12.07	493.1
Current Portion of Long-Term Debt	-	400	-	558	-	-
Current Portion of Leases	15.39	19.18	-	-	-	10.28
Accrued Interest Payable	-	16.3	12.2	0.09	0.51	0.59
Other Current Liabilities	14.7	11.07	-	-	-	-
Federal Home Loan Bank Debt, Long-Term	-	200	1,000	-	31	26.03
Long-Term Leases	52.22	27.93	58.14	72.54	85.56	36.22
Trust Preferred Securities	272.32	331.84	331.2	330.57	501.51	215.15
Long-Term Deferred Tax Liabilities	-	-	-	-	-	1.37
Other Long-Term Liabilities	36.14	50.61	49.93	56.23	28.93	32.2
Total Liabilities	14,966	16,144	18,890	18,208	16,990	9,763
Common Stock	0.94	0.94	0.93	0.93	0.93	0.59
Additional Paid-In Capital	2,390	2,377	2,363	2,351	2,355	1,594
Retained Earnings	633.35	604.14	700.04	541.95	330.56	396.05
Comprehensive Income & Other	-80.12	-99.63	-265.25	-7.86	60.29	21.52
Shareholders' Equity	2,944	2,883	2,798	2,886	2,747	2,013
Total Liabilities & Equity	17,910	19,027	21,688	21,094	19,737	11,776
Total Debt	348.31	989.67	1,402	966.37	630.13	780.77
Net Cash (Debt)	639.38	59.94	-284.47	-647.46	267.45	-449.11
Net Cash Per Share	6.77	0.64	-3.02	-6.89	3.36	-7.40
Filing Date Shares Outstanding	96.44	95.86	95.02	94.38	94.29	59.58
Total Common Shares Outstanding	96.46	95.86	95.02	94.39	94.48	59.51
Book Value Per Share	30.52	30.07	29.45	30.58	29.07	33.82
Tangible Book Value	2,008	1,938	1,841	1,915	1,763	1,121
Tangible Book Value Per Share	20.81	20.22	19.38	20.29	18.65	18.84

Source: S&P Capital IQ. Banks template. Financial Sources.