Dori L. KaganMs. Kagan has more than 30 years of experience in the property management and HOA industry. Prior to joining the Bank, she was Vice President and Relationship Manager at U. S. Bank’s Southern California HOA Division for the last eight years. A member of the Community Association Institute (“CAI”) for over 24 years, she currently serves on the boards of directors for CAI’s Orange County and Inland Empire Chapters. Ms. Kagan is a Certified Manager of Community Associations (CMCA) and is one of a handful of industry professionals with the designation of Certified Community Association Manager-Emeritus (CCAM). A University of Southern California graduate and recipient of numerous professional awards during her career, Ms. Kagan received the 2012 May Russell Lifetime Achievement Award from CAI- Orange County, its most prestigious award. Michael A. Abalos Mr. Abalos has more than 23 years of banking experience, with the last 12 years spent working in the HOA field. Previously, he was the HOA Managing Director at BNC National Bank in Glendale, Arizona, and HOA Division Manager for Community Associations Banc, a division of First National Bank of Arizona in Phoenix, where he developed and managed the customer service, operations and lockbox processing for HOA clients nationwide. Mr. Abalos is currently a member of CAI’s Arizona Chapter and the Arizona Association of Community Managers. About Pacific Premier Bancorp, Inc. The Company owns all of the capital stock of the Bank. The Bank provides business and consumer banking products to its customers through our ten full-service depository branches in Southern California located in the cities of Huntington Beach, Irvine, Los Alamitos, Newport Beach, Palm Desert, Palm Springs, San Bernardino and Seal Beach and one office in Dallas, Texas. Forward-Looking Statements The statements contained herein that are not historical facts are forward-looking statements based on management's current expectations and beliefs concerning future developments and their potential effects on the Company. Such statements involve inherent risks and uncertainties, many of which are difficult to predict and are generally beyond the control of the Company. There can be no assurance that future developments affecting the Company will be the same as those anticipated by management. The Company cautions readers that a number of important factors could cause actual results to differ materially from those expressed in, or implied or projected by, such forward-looking statements. These risks and uncertainties include, but are not limited to, the following: the strength of the United States economy in general and the strength of the local economies in which the Company conducts operations; the effects of, and changes in, trade, monetary and fiscal policies and laws, including interest rate policies of the Board of Governors of the Federal Reserve System; inflation, interest rate, market and monetary fluctuations; the timely development of competitive new products and services and the acceptance of these products and services by new and existing customers; the willingness of users to substitute competitors’ products and services for the Company’s products and services; the impact of changes in financial services policies, laws and regulations; technological changes; the effect of acquisitions that the Company may make, if any, including, without limitation, the failure to achieve the expected revenue growth and/or expense savings from such acquisitions; changes in the level of the Company’s nonperforming assets and charge-offs; oversupply of inventory and continued deterioration in values of California real estate, both residential and commercial; the effect of changes in accounting policies and practices, as may be adopted from time-to-time by bank regulatory agencies, the Securities and Exchange Commission, the Public Company Accounting Oversight Board, the Financial Accounting Standards Board or other accounting standards setters; possible other-than-temporary impairments of securities held by the Company; the impact of current governmental efforts to restructure the U.S. financial regulatory system; changes in consumer spending, borrowing and savings habits; the effects of the Company’s lack of a diversified loan portfolio, including the risks of geographic and industry concentrations; ability to attract deposits and other sources of liquidity; changes in the financial performance and/or condition of the Company’s borrowers; changes in the competitive environment among financial and bank holding companies and other financial service providers; unanticipated regulatory or judicial proceedings; and the Company’s ability to manage the risks involved in the foregoing.
The Company specifically disclaims any obligation to update any factors or to publicly announce the result of revisions to any of the forward-looking statements included herein to reflect future events or developments.