PLAZA BANCORP, THE HOLDING COMPANY OF PLAZA BANK, ANNOUNCES RECORD FINANCIAL RESULTS FOR SEPTEMBER 30, 2017 (unaudited)

Highlights for the quarter ended September 30, 2017:

  • Net Income of $4.1 million, or $0.13 per diluted share
  • ROAA 1.31%, ROAE 12.72%
  • Efficiency ratio improves to 55.8%
  • Net interest margin increases to 5.01%
  • Assets per employee $7.9 million

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Pacific Premier Bancorp, Inc. to Acquire Plaza Bancorp

Highlights of the Announce Transaction:

  • Strengthens Pacific Premier’s position as one of the leading commercial banks headquartered in Southern California with $7.7 billion in total assets on a pro forma basis
  • Serves as Pacific Premier’s entrance into Los Angeles County
  • Compelling economics for Pacific Premier’s shareholders – immediately accretive to tangible book value and earnings per share

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PLAZA BANCORP, THE HOLDING COMPANY OF PLAZA BANK, ANNOUNCES FINANCIAL RESULTS FOR JUNE 30, 2017 (unaudited)

 Highlights for the quarter ended June 30, 2017:

  • New loan commitments increase 25.4% to $108 million
  • Total deposits up $84 million, or 8.5%
  • ROAA 1.19%, ROAE 11.32%
  • Efficiency ratio improves to 57.2%
  • Net interest margin increases to 4.83%

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PLAZA BANCORP, THE HOLDING COMPANY OF PLAZA BANK, ANNOUNCES FINANCIAL RESULTS FOR THE QUARTER ENDED MARCH 31, 2017 (unaudited)

Highlights for the quarter:

  • Earnings per diluted share increased 20% over last quarter and 50% over prior year quarter
  • ROAA 1.25%, ROAE 12.17%
  • Efficiency ratio improves to 59.3%
  • Net interest margin expands to 4.78%

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PLAZA BANCORP, THE HOLDING COMPANY OF PLAZA BANK, ANNOUNCES FINANCIAL RESULTS FOR THE YEAR AND FOURTH QUARTER ENDED DECEMBER 31,2016 (unaudited)

2016 highlights

  • 16% growth in total assets to $1.2 billion
  • Both loans held for investment and deposits exceed $1 billion
  • Net income more than doubled in 2016

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Plaza Bancorp, the holding company of Plaza Bank, announces financial results for the third quarter ended September 30, 2016 (unaudited)

THIRD QUARTER 2016 HIGHLIGHTS – COMPARED TO PRIOR QUARTER

  • 51% annualized growth in deposits
  • Assets up 29% annualized to $1.2 billion
  • Loans held for investment increased $41 million
  • Net interest margin improved to 4.77%

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Plaza Bancorp, the holding company of Plaza Bank, announces financial results for the second quarter Ended June 30, 2016 (Unaudited)

IRVINE, CA — (July 18, 2016) – Plaza Bancorp (OTCBB: PLZZ) (the “Company”), the holding company of Plaza Bank (the “Bank”), reported unaudited net income for the quarter ended June 30, 2016 of $3.0 million or $0.10 per share on a diluted basis compared with $2.3 million, or $0.08 per diluted share for the first quarter of 2016. For the quarter ended June 30, 2016, the Company’s annualized return on average assets was 1.09% and annualized return on average equity was 10.58%, up from an annualized return on average assets of 0.89% and an annualized return on average equity of 8.53% for the first quarter of 2016.
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Plaza Bancorp, the holding company of Plaza Bank, announces financial results for the quarter ended March 31, 2016 (unaudited)

IRVINE, CA – May 4, 2016: Plaza Bancorp (PLZZ.OB) (the “Company”), the holding company of Plaza Bank (the “Bank”), reported unaudited net income for the quarter ended March 31, 2016 of $2.3 million or $0.08 per share on a diluted basis. For the quarter ended March 31, 2015, the unaudited net loss using the pooling of interest method as a result of the Company’s merger with Manhattan Bancorp on June 26, 2015, was ($207,000) or ($0.01) per share on a diluted basis. For the quarter ended March 31, 2016, the Company’s return on average assets was 0.89% and return on average equity was 8.53%, up from a return on average assets of (0.08%) and a return on average equity of (2.29%) for the comparable period in 2015.

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OC Business Journal: Plaza Bank Triples Quarterly Income

Irvine-based Plaza Bancorp Inc. reported unaudited net income of $3.4 million on net interest income of $11.3 million for its quarter ended Dec. 31.

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Plaza Bank Announces Financial Results for the Year and Quarter Ended December 31, 2015 (unaudited)

IRVINE, CA – February 17, 2016: Plaza Bancorp (PLZZ.OB) (the “Company”), the holding company of Plaza Bank (the “Bank”), reported unaudited net income using the pooling of interest method, due to the Company’s merger with Manhattan Bancorp, for the year ended December 31, 2015 of $4.67 million or $0.16 per share on a diluted basis. For the year ended December 31, 2014, the unaudited net income was $1.8 million or $0.06 per share on a diluted basis. For the year ended December 31, 2015, the Company’s return on average assets was 0.44% and return on average equity was 4.24%, up from a return on average assets of 0.17% and a return on average equity of 1.36% for 2014.

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Plaza Bancorp Announces 2015 Third Quarter’s Financial Results (unaudited)

IRVINE, CA – October 27, 2015: Plaza Bancorp (PLZZ.OB) (the “Company”), the holding company of Plaza Bank (the “Bank”), reported net income for the third quarter of 2015, the first full reporting period after the merger with Manhattan Bancorp, of $2.1 million, or $0.07 per diluted share. The Company’s annualized return on average assets and return on average equity for the quarter ended September 30, 2015 were 0.82% and 8.30%, respectively.

Due to the merger with Manhattan Bancorp and the common ownership of the two institutions, the accounting method used for reporting for the nine months ended September 30, 2015 is the pooling of interest method which combines the results of the two entities.

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Plaza Bancorp (PLZZ)

Irvine based Plaza Bancorp (OTCBB: PLZZ) is the parent company of Plaza Bank, received its stock ticker symbol, PLZZ, from FINRA on Friday, October 2, 2015, after the close of business. The stock will trade in the OTC Market. The link for a price quote is www.otcmarkets.com/stock/PLZZ/quote.

For further information, please contact John Shindler, our Chief Financial Officer at jshindler@plazabank.com.

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Plaza Bank Announces 2015 First Quarter’s Financial Results

IRVINE, CA–(Marketwired – Apr 14, 2015) – Plaza Bank (OTCBB: PLZB) (the “Bank”) today reported unaudited net income for the first quarter of 2015 of $1,622,000 or $0.09 per share on a diluted basis, a decrease of 5.1% compared to the prior year’s first quarter net income of $1,710,000 or $0.09 per share on a diluted basis. For the quarter ended March 31, 2015, the Bank’s annualized return on average assets was 1.18% and annualized return on average equity was 10.62%, down from an annualized return on average assets of 1.40% and an annualized return on average equity of 12.35% for the 2014 comparable period.

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