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First PacTrust Bancorp, Inc. Reopens Public Offering Of Senior Notes Due 2020

First PacTrust Bancorp, Inc. (the “Company”) (Nasdaq: BANC), the holding company for Pacific Trust Bank and Beach Business Bank, announced today that it intends to offer and sell senior notes due 2020 in an underwritten public offering. The offering will constitute a reopening of the offering of $33,000,000 aggregate principal amount of 7.50% Senior Notes due April 15, 2020 issued by the Company on April 23, 2012.

UBS Securities LLC and Raymond James & Associates, Inc. are acting as joint book-running managers for the offering. D.A. Davidson & Co. is acting as lead manager and Sterne, Agee & Leach, Inc. and Wunderlich Securities, Inc. are acting as co-managers for the offering.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any offer or sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful. The Company is conducting the offering pursuant to an effective Registration Statement on Form S-3 (File No. 333-170622) under the Securities Act of 1933, as amended. The senior notes offering is being made solely by means of a separate prospectus supplement and accompanying prospectus. Prospective investors should read the prospectus in that registration statement, the preliminary prospectus supplement and other documents that the Company has filed with the Securities and Exchange Commission (the “SEC”) for more complete information about the Company and the offering. Investors may obtain these documents without charge by visiting the SEC website at www.sec.gov. Alternatively, copies of the preliminary prospectus supplement and the prospectus relating to the offering may be obtained from UBS Securities LLC, 299 Park Avenue, New York, NY 10171, Attention: Prospectus Specialist, toll-free at 1-877-827-6444, ext. 561-3884.

About the Company

Based in Irvine, CA, First PacTrust Bancorp, Inc. is the $1.6-billion multi-bank holding company of Pacific Trust Bank and Beach Business Bank, which together operate 19 banking offices in Los Angeles, Orange, San Diego and Riverside counties, and 23 loan production offices in California, Arizona, Oregon and Washington.

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