Pacific Premier Bank

What Pacific Premier Bank does

Pacific Premier Bank was a California state-chartered commercial bank headquartered in Irvine, founded in 1983 and operated as the banking subsidiary of publicly traded Pacific Premier Bancorp Inc. (formerly NASDAQ: PPBI). The bank served businesses and individuals across the western United States, with a particular concentration in California, offering a full suite of commercial, business, and personal banking products including commercial real estate and C&I lending, multifamily and construction loans, SBA lending, treasury and cash management, and specialized industry verticals. Its most distinctive verticals were franchise banking for restaurant concepts (treasury, credit, derivatives, wealth management for franchisors and franchisees), healthcare banking for medical, dental, and veterinary practices, and HOA/property management banking through its Premier Property Pay portal.

Revenue was generated primarily through net interest income on its loan and securities portfolios and secondarily through non-interest fee income from deposit services, treasury management, and cash management products. Distribution was relationship-driven via an extensive western-U.S. branch network, dedicated commercial banking relationship managers, and digital online/mobile banking platforms; the bank also distributed credit cards through Elan Financial Services, cash logistics via Garda and Loomis, and commercial card programs with Visa. The bank held an SBA Preferred Lender designation and operated under FDIC and Equal Housing Lender frameworks, with NMLS registration for mortgage lending.

Pacific Premier pursued a sustained serial-acquisition growth strategy, completing more than ten bank and franchise acquisitions between 2011 and 2020, including Opus Bank (2020, ~$743.9M), Grandpoint Bank (2018, ~$641.2M), and Plaza Bancorp (2017, ~$226.3M). The company was itself acquired by Columbia Banking System in a transaction valued at approximately $2.0 billion that closed in August/September 2025, creating a combined entity with approximately $70 billion in assets across more than 350 locations in eight western states. Full systems integration was completed in Q1 2026, and Pacific Premier-branded products have been migrated onto Columbia Bank's commercial and personal online banking platforms; the specialized franchise banking vertical was preserved and formalized as a Columbia Bank Franchise Banking Team in April 2026.

Name

Pacific Premier Bank

Legal name

Pacific Premier Bancorp Inc.

Website

https://ppbi.com

Company type

Public

Founded year

1983

Operating status

Acquired

Headcount range

1,001–5,000 employees

Short description

Pacific Premier Bank was a California state-chartered commercial bank serving businesses and individuals across the western United States, specializing in franchise banking, healthcare practice financing, commercial real estate lending, and HOA banking. Acquired by Columbia Banking System in 2025 for approximately $2.0 billion, it now operates as part of a combined ~$70 billion-asset regional bank.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro primary industry

General SME & Middle-Market Commercial Banking (FSABABAA)

akta.pro secondary industries

SME Sector/Specialty Banking (Vertical-focused: Healthcare, Agri, Tech, etc.) (FSABABAI), Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), SME Business Lending (Term Loans, Lines of Credit, Overdrafts) (FSABABAB)

Keywords

• Commercial banking services
• Treasury management solutions
• Commercial real estate lending
• Franchise banking services
• SBA preferred lending

Headquarters

HQ city

Irvine

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Net Interest Income: Interest earned on loan portfolio (commercial real estate, C&I loans, multifamily, construction) minus interest paid on deposits. Primary revenue driver for the regional bank.
2. Non-Interest Income: Fee income from deposit services, cash management, treasury management services, and other banking fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

Pacific Premier Bank was a California-based regional commercial bank offering business and personal banking services including commercial lending (C&I, commercial real estate, multifamily, construction), deposit services, treasury management, cash management, and SBA loans. The bank operated specialized industry verticals for restaurant franchise banking, healthcare practice banking (medical, dental, veterinary), and HOA/property management banking. It also served individual consumers with personal checking, savings, home loans, and credit card products.

Product overview

Pacific Premier Bank was a California-based commercial bank that offered a comprehensive suite of banking products including personal banking (checking, savings, loans), business banking (checking, savings, SBA loans, real estate loans), and commercial banking services (international banking, real estate financing, equipment financing, franchise banking, treasury management, API banking). The bank operated with specialized divisions for healthcare banking, dental banking, and veterinary banking. Following its acquisition by Columbia Banking System in 2025, all Pacific Premier Bank products and services have been transitioned to Columbia Bank's platform. Key Pacific Premier-branded products included HOA Premier Property Pay for homeowners association payments, and both personal and business online banking platforms which have since been migrated to Columbia's systems.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Banking
• Business Banking
• Commercial Banking
• Franchise Banking
• Healthcare Banking
• HOA Premier Property Pay
• Wealth Management
• Online and Mobile Banking

Quantifiable outcome

• Franchise banking portfolio acquired by Columbia Banking System for $2.0 billion transaction

Named customers4 records

Segments4 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

Feature2 records

Partnerships

Three partnerships are on record, tiered core and flagship.

• Restaurant Franchisors and FranchiseescoreChannel Partner/ Reseller/ Distributor · 1 September 2025Pacific Premier Bank served restaurant franchisors and franchisees with specialized franchise banking solutions including treasury management, credit facilities, derivatives, and wealth management. This franchise banking portfolio was acquired by Columbia Banking System as part of the $2.0 billion transaction.
• VisacoreTechnology or IntegrationVisa Payables Automation and commercial card services for treasury management solutions.
• Columbia Banking SystemflagshipStrategic or Co-development PartnerColumbia Banking System acquired Pacific Premier Bancorp Inc. for approximately $2.0 billion in August 2025, unifying the Columbia brand and completing integration in Q1 2026. The combined entity has approximately $70 billion in assets and over 350 locations across eight states. Pacific Premier Bank's franchise banking portfolio and customer accounts have been fully transitioned to Columbia Bank.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Columbia Banking System: Acquirer of Pacific Premier Bancorp in 2025; both operated as western US regional commercial banks with overlapping footprints in Washington, Oregon, Idaho, Utah, Arizona, Nevada, Colorado, and California. Closest direct peer given same geography and SME/commercial banking focus.
• Umpqua Bank: Pacific Northwest commercial bank now part of Columbia Banking System; historically a direct competitor to Pacific Premier in commercial banking and CRE lending in Oregon and Washington. Highly comparable in size, product mix, and customer segments.
• Western Alliance Bancorp: Phoenix-headquartered regional commercial bank serving western US markets. Similar commercial banking model with vertical specializations (CRE, HOA, healthcare) and comparable SME/middle-market customer base.
• East West Bancorp: Pasadena-based commercial bank serving western US and Asian-American business communities. Comparable in commercial banking focus, California concentration, and middle-market lending orientation.
• CVB Financial (Citizens Business Bank): Ontario, California-headquartered community commercial bank with similar SME and middle-market banking focus in California. Closely comparable in size and product mix.
• Banner Corporation: Walla Walla, Washington-based community bank serving the Pacific Northwest and western US. Comparable regional commercial bank with similar SME and CRE lending orientation.
• Glacier Bancorp: Kalispell, Montana-based regional bank holding company operating across multiple western US states. Highly comparable community/commercial banking model with similar geographic footprint.

Regional players

• Cathay General Bancorp: Los Angeles-based commercial bank with strong California concentration. Comparable SME and middle-market commercial banking model, though with distinct Asian-American market focus.
• Bank of Hawaii: Honolulu-based regional commercial bank serving Pacific/US western markets. Similar relationship-based commercial banking model, though operating in a different sub-geography.

Broad incumbents

• First Republic Bank (historical): San Francisco-based private banking and wealth management institution historically serving west coast HNW and business clients. Comparable in California concentration, though now part of JPMorgan following 2023 failure.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/pacific-premier-bank

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A11 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pacific Premier Bank