IRVINE, Calif., Dec. 5, 2012 /PRNewswire/ -- Pacific Premier Bancorp, Inc. (NASDAQ: PPBI) (the "Company"), the holding company of Pacific Premier Bank, announced today that it intends to commence a public offering of approximately $30 million of its common stock. The Company intends to use the net proceeds of the offering for general corporate purposes, to support our ongoing and future anticipated growth and to augment the capitalization of Pacific Premier Bank. Raymond James & Associates, Inc. is acting as book-running manager and D.A. Davidson & Co. is acting as co-manager for the offering. The underwriters will have a 30-day option to purchase from the Company up to an additional 15% of the offered amount of common stock to cover over-allotments, if any. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The Company has filed a registration statement (including a prospectus) with the Securities and Exchange Commission ("SEC") for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the Company has filed with the SEC for more complete information about the Company and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov or by visiting the Company's website at www.ppbi.com. Alternatively, copies of the prospectus relating to the offering may be obtained by contacting Raymond James & Associates, Inc. by calling toll-free 1-877-587-7748 or by e-mailing Mark Edwards at firstname.lastname@example.org.