2011-2020 Growth through acquisition
In 2011, Pacific Premier Bank completed the acquisition of Canyon National Bank.[7] On April 27, 2012, the Company completed the acquisition of Palm Desert National Bank.[9] On March 15, 2013, the company acquired First Associations Bank, a Texas-chartered bank headquartered in Dallas, Texas.[10] On June 25, 2013, Pacific Premier Bancorp acquired San Diego Trust Bank.[11][12]
On November 18, 2013, the company acquired Infinity Franchise Holdings with a price estimated to be approximately $16 million.[13] In October 2014, it bought Independence Bank, located in Newport Beach, for $71.5 million.[14]
In April 2017, the company bought Heritage Oaks Bancorp.[15][16] In 2018, it acquired the holding company of Grandpoint Bank Grandpoint Capital, Regents Bank, and the Biltmore Bank of Arizona with approximately $3.2 billion in total assets.[17]
In 2020, the bank bought Opus Bank with approximately $8 billion in total assets, along with its divisions PENSCO Trust Company (now Pacific Premier Trust) and Commerce Escrow.[18][19][20]
On April 23, 2025, Columbia Banking System, Inc. entered into a definitive agreement to acquire Pacific Premier Bank. The acquisition was closed on Sept. 2, 2025.[21]
