Pacific Premier Bancorp, Inc. and Pacific Premier Bank Announces Board Changes
February 08, 2024 at 04:24 pm EST
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On February 2, 2024, Mr. Joseph Garrett, a current member of the Board of Directors (the ?Board?) of Pacific Premier Bancorp, Inc. (the ?Company?) and the Board of Directors (the ?Bank Board?) of Pacific Premier Bank, advised the Board Chair that he will be retiring from the Board and the Bank Board effective as of the Company?s 2024 Annual Meeting of Stockholders (the ?Annual Meeting?), and as such, will not stand for re-election as a member of the Board at the Annual Meeting. Mr. Garrett currently serves as a member of the Board?s Compensation Committee and Nominating and Governance Committee and will retire from those roles when he retires from the Board. Mr. Garrett?s decision to retire did not involve any disagreement with Company management, the Board or the Bank Board on any matter relating to the Company?s operations, policies or practices.
Pacific Premier Bancorp, Inc. is a bank holding company. The Company operates through its wholly owned subsidiary, Pacific Premier Bank (the Bank). The Bank provides banking products and services, including deposit accounts, digital banking, and treasury management services, to businesses, professionals, entrepreneurs, real estate investors, and nonprofit organizations. The Bank also offers a range of loan products, such as commercial business loans, lines of credit, commercial real estate loans, agribusiness loans, franchise lending, and construction loans. Pacific Premier Bank offers commercial escrow services and facilitates 1031 Exchange transactions through its Commerce Escrow division. The Bank offers clients individual retirement account (IRA) custodial services through its Pacific Premier Trust division. It conducts business throughout the Western Region of the United States from its 58 full-service depository branches located in Arizona, California, Nevada, and Washington.