Slide 1: Investor Presentation
Free Writing Filed Registration Investor April Pursuant 10,Presentation 2012 No. Prospectus to333-170622 Rule 433
Slide 2: Forward-looking Statements
Executing Forward-looking When made similar looking strategic from change acquisition of the loan portfolio; rates, estate losses, changes product in team; habits; or institution details products undertakes No. supplement documents Company not 1comparable significant the regulations receipt financia
Slide 3: Offering Summary
Executing Summary Type: 2For possible Senior of onacquisitions, Offering Notes Growth Maturity: support , 2020 of Redemption: organic growth, 3 year investments no-call period in, or Redemption extensions ofPrice: creditPar to, plus Firstaccrued PacTrust’s interest subsidiaries, Day Count: investmen
Slide 4: Company Background Information
Executing Company Unitary supervised Credit ownership 3executing Union; savings dual Background on Raised byGrowth the 71 business and years OCC netloan proceeds Information of and strategies holding continuous insured ofcompany $52.9 ofby organic operations the million FDIC supervised growth from B
Slide 5: Geographic Footprint
Executing Geographic 14 4Bancorp deposit First on taking Footprint Growth PacTrust branchBancorp, offices serving Inc. Beach San Business Diego, Los Bank Angeles, Gateway Orange, Bancorp and Riverside Counties 19 deposit taking branch offices following completion of pending acquisitions of Beach Bus
Slide 6: 2011 Summary Results
Executing 2011 First impacted for with resolve Risk-Based2 pre-provision 5subsidiary, OREO attractive PacTrust Summary legacy byon charges Pacific resolution and Growth earnings is asset pricing Results executing Total Trust Strong quality and 2First Risk-Based ofBank legacy core credit on issues Pa
Slide 7: Selected Historical Financial & Performance Data
Executing Selected $861,621 786,334 $28,690 (2,728) 653.92 73.13 2,825 646,308 $22,875 Historical $893,921 on(Dollars Growth (999) 658,432 $16,864 Financial $876,520 (529) in Thousands) 2,961 598,177 Provision &$774,720 Performance PERFORMANCE 574,151 for Loan Cash Borrowings Data & Losses Equivalen
Slide 8: Recent Capital Raising Activity
Executing Recent In PacTrust repurchase including August 7any November regulatory Capital 2011 issued aon from concurrent under 2010, Growth capital Raising warrants thethe First U.S. ratios offering Small Activity PacTrust for Treasury and 1,635,000 Business toany several completed $19.3 ratios Loa
Slide 9: Current Capital Ratios
Executing Current Capital 10.00% PacTrust 8if First PacTrust Ratios & Core maintains on Consolidated Capital Growth Capital hadsufficient to Ratio Ratios maintain Pro13.08 Forma Capital capital regulatory 18.54 Capital to Ratios support 12.42 Ratios capital Bank-Only Tier existing Capital 1similar R
Slide 10: Summary of Pending Acquisition: Gateway
Executing Summary In Angeles deposits originated offices 9escrow June located to 2011, County ofcover of on over $173.2 Pending Growth First in $5.5 Mission Gateway secondary million PacTrust billion Acquisition Hills’ Business atof markets entered 12/31/11 mostly mortgage ofBank into Gateway throug
Slide 11: Summary of Pending Acquisition: Beach
Executing Summary In assets acquisition PacTrust’s time common due completed. 10 August toprior of the$305.1 stock of 2011, failure to on common is However, Pending the Growth expected atFirst million, closing to an obtain stock, exercise Acquisition PacTrust this toof total close additional subject
Slide 12: Overall Loan Portfolio Summary
Executing Overall Legal Gateway First approximately $87 11 million1 PacTrust’s lending Loan Bancorp on Portfolio Growth limit $120 loans and ismillion1 approximately will Beach Summary increase Business Construction approximately $20.5 Bank; and million excluding development $405 At 12/31/2011, mill
Slide 13: Residential Mortgage Loan Portfolio
Executing Residential At $546.8 residential of million 12 direct 12/31/11, million “legacy” and on mortgage Mortgage the internet Growth in$556.0 loans 1-4portfolio initiated family Loan that million allow Portfolio residential deposit, are outstanding for $247.5 negative withdrawal, mortgage millio
Slide 14: Commercial Mortgage Loan Portfolio
Executing Commercial Primarily by properties 13 independent, multifamily located onand Growth state-licensed Multifamily in San mortgages, Diego Loan appraisers County but Portfolio includes The largest a limited multifamily number oforloans commercial financing real andestate secured loanby outstan
Slide 15: C&D Loan Portfolio
Executing C&D 14 Loanon Portfolio GrowthFirst PacTrust had no construction loans outstanding at 12/31/2011 First PacTrust had $2.4 million of land loans outstanding at 12/31/2011 of which $1.89 million were nonperforming
Slide 16: Investment Portfolio Summary
Executing Investment At AAA, No charges 15 12/31/2011 particular AAwas or on Portfolio recorded A, issuer’s Growth First and PacTrust’s $4.7 Summary securities, millioninvestment other (4.6%)than were portfolio therated U.S. BBB government included 90.4% 54 of securities andthe itssecurities agencie
Slide 17: Selected Historical Asset Quality Data
Executing Selected NPAs $16.295 the 28.33 specific 16 terms 41.35 at reserves million1 three Historical ofon44.16 their Growth year(Dollars respective of Allowance low Asset nonaccrual Only Quality in notes Thousands) $7.8 forloans Loan Data million FYEatLosses 12/31 December of total ($000) / Total
Slide 18: Deposit and Liability Funding Overview
Executing Deposit scheduled interest 17 bearing and to onLiability mature Growth deposits inFunding 2012 was with 0.73% Overview an Stand-Alone average At December interest Deposit rate 31,of Portfolio 2011, 1.79% theFor Pro Bank the Forma had year(i) Deposit ended no brokered 12/31/2011, Portfolio
Slide 19: Liquidity Overview
Executing Liquidity At plus securities 18 December any net Overview amounted onprofits Growth 31, 2011 earned to 14.6% the Bank in 2012 of had total tothe First assets ability PacTrust At 12/31/2011, to borrow without anFirst prior additional PacTrust regulatory $130.3 (parent approval million compa
Slide 20: Summary
Executing Demonstrated Summary strengthening funding 19 growth on Growth of ability with ALLL lower to coverage grow cost theofand franchise deposits DTA valuation Improved Expect further allowance creditNIM quality Improved expansion Strongquality as capital loanof position and potential deposit St
Slide 21: Appendices
pactrust BANCORP,INC? Appendices
Slide 22: Non-GAAP Financial Information
Executing This measures intangible from risk-based comparable (dollars 21 presentation theincalculation include assets on thousands): capital GAAP Growth (of tangible contains ratios. measures which of Note: risk-based Management common certain First 1Pro arePacTrust provided financial capital forma
Slide 23: Non-GAAP Financial Information (Continued)
Executing 12/31/11 OREO earnings 22 760 (dollars Net on Add: income Growth Operating in thousands): ($2,728) expenses, Add: Non-GAAP Income net of tax Financial rental expense income Information (benefit) 1,176 Pre-tax (296) (Continued) Add: pre-provision Provisionincome, for loan adjusted losses 5,