ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS

On September 2, 2009, Kent Smith was appointed the Chief Financial Officer and Senior Vice President of Pacific Premier Bancorp, Inc. (the "Company") and Pacific Premier Bank (the "Bank"). Mr. Smith's base salary will be $175,000 per year.

Mr. Smith brings over 20 years of professional accounting experience to the Company and Bank. Prior to joining the Company and Bank, Mr. Smith, age 47, was employed by Downey Savings and Loan Association, F.A. ("Downey Savings") for the last 17 years beginning in 1992. From 2001 through 2009, Mr. Smith served as Downey Savings' Controller and Senior Vice President. Prior to holding the Controller position at Downey Savings, Mr. Smith held various accounting and internal audit positions at Downey Saving's. Prior to joining Downey Savings, Mr. Smith was employed by Farwest Savings and Loan as a Loan Accounting Manager and by Deloitte and Touche as a Senior Accountant. Mr. Smith holds a Bachelor of Arts in Accounting from Brigham Young University.