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| Scarcity Value in Southern California Source: SNL Financial as of 6/30/2015. Security’s information as of 8/31/2015, per company financial reports Note: All dollars in thousands Significant scarcity value for quality and sizeable banking franchises in Southern California Combined PPBI and Security would be 8th largest bank headquartered in Southern California Includes all banks and thrifts headquartered in Southern California (Orange, Los Angeles, San Bernardino, Riverside, and San Diego counties). Sorted by total assets, excludes pending merger targets and ethnic-focused banks Largest 30 Banks Headquartered in Southern California Rank Company Name Exchange City Total Assets ($000s) 1 PacWest Bancorp NASDAQ Los Angeles 16,697,020 $ 2 CVB Financial Corp. NASDAQ Ontario 7,697,358 $ 3 Banc of California, Inc. NYSE Irvine 6,437,882 $ 4 Opus Bank NASDAQ Irvine 5,832,887 $ 5 BofI Holding, Inc. NASDAQ San Diego 5,823,719 $ 6 F & M Bank of Long Beach OTCQB Long Beach 5,663,028 $ 7 Community Bank OTC Pink Pasadena 3,447,995 $ 8 PRO FORMA 3,370,344 $ 8 Grandpoint Capital, Inc. - Los Angeles 3,065,883 $ 9 Pacific Premier Bancorp, Inc. NASDAQ Irvine 2,636,756 $ 10 Manufacturers Bank - Los Angeles 2,549,192 $ 11 CU Bancorp NASDAQ Los Angeles 2,470,813 $ 12 First Foundation Inc. NASDAQ Irvine 1,869,680 $ 13 American Business Bank OTC Pink Los Angeles 1,528,253 $ 14 California Republic Bancorp OTC Pink Irvine 1,482,627 $ 15 Provident Financial Holdings, Inc. NASDAQ Riverside 1,174,555 $ 16 Pacific Mercantile Bancorp NASDAQ Costa Mesa 1,046,861 $ 17 Plaza Bank - Irvine 1,038,687 $ 18 Malaga Financial Corporation OTC Pink Palos Verdes Estates 989,678 $ 19 Silvergate Capital Corporation - La Jolla 936,512 $ 20 Sunwest Bank OTC Pink Irvine 855,433 $ 21 Security California Bancorp OTCQB Riverside 733,588 $ |