Slide 1: Acquisition of Gateway Bancorp
©)oactrust BANCORP,INC* Acquisition of Gateway Bancorp June 6, 2011
Slide 2: Forward Looking Statements
Opdctrust Forward Looking Statements Forward-Looking Statements This presentation includes forward-looking statements within the meaning of the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are necessarily subject to risk and uncertainty and actual
Slide 3: Executing on Growth
Opdcirust Executing on Growth Gateway ok Business Significant Announced pane Progress Since Byparsion Acquisition Raising Capital oe intols UES ‘ pened County in November New Branch 2010 Announced in La Jolla New Branch in San TARE Marcos Repayment New Management Completed $60.0 million emetic Novem
Slide 4: Transaction Overview
Executing on Growth Opactrust Transaction Overview Structure + Whole company acquisition of Gateway Bancorp and its wholly owned subsidiary Gateway Business Bank, including Mission Hills Mortgage Bankers, a division of the Bank Transaction Type « Stock purchase agreement Terms + Cash consideration o
Slide 5: Transaction Rationale
Executing on Growth Opdctrust Transaction Rationale DANCORFINE © Gateway’s franchise fits within FPTB’s community banking strategy * Accelerates entry into Los Angeles County — Lakewood, CA Strategic © Marks entry into Orange County — Laguna Hills, CA Fit * Diversifies revenue sources by adding attr
Slide 6: Expanding Our Footprint
Executing on Growth Opactrust Expanding Our Footprint Company Overview Pro Forma Branch Map finard ae Holding Company Name ‘Gateway Bancorp] fe Bank Name Gateway Business Bank] fess Headquarters Cerritos, Cl Date Established 3/10/1997] Depository Branches 2] Mortgage Offices 2 Administrative Offices
Slide 7: Mortgage Origination Platform
Executing on Growth Opdctrust Mortgage Origination Platform Pro Forma Map (with mortgage offices] 1 Gateway operates as Mission Hills Mortgage Bankers p( B28 ) © Founded in 1968 Low risk traditional retail operation © Focused on conventional conforming and FHA/VA purchase money transactions © Source
Slide 8: Financial Considerations
Executing on Growth Opdctrust Financial Considerations P&L Impact + Projecting $3.0+ million of annual earnings contribution from new entity + Moderate cost savings assumptions and no revenue synergies + One-time deal related expenses of $1.25 million, pre-tax (@yeSl ie \usiagacl | « Total considera
Slide 9: Pro Forma Balance Sheet
Executing on Growth Opdctrust Pro Forma Balance Sheet Total Assets $934,983 Cash & Securities $110, Gross Loans $682,484 Te. Comm. Equity $135,650 0% 10% © 20% «= 30% »=— 40% += 50% ©~= 60% © 70% += 80% ©=— 90% += 100% iFirst PacTrust Bancorp, Inc. {si Gateway Business Bank Soue: SM ancl a of 3/51/2
Slide 10: Pro Forma Deposit Composition
Opdctrust BANCORRING: Executing on Growth Pro Forma Deposit Composition First PacTrust Bancorp, Inc. Gateway Business Bank Money Market Wattening OS pete ‘Non-int. Bearing Demand 23% ‘Time Deposits 54.5% Deposit Mix Kof Balance Total INon-Int. Bearing Demand 18,066 2.8% Interest Bearing Money Market
Slide 11: Pro Forma Loan Composition
Opdctrust BANCORRING: Executing on Growth Pro Forma Loan Composition First PacTrust Bancorp, In Gateway Business Bank Constr. Development 1.3% other Consumer _0.3% 15% Comm. & Industrial on% ‘Multi-Family 1.4 Family 36.5% woh Balance Total Constr. Development saree 2.8 20.2% \ — or comm, &nduti 180%
Slide 12: Approach on Credit Due Diligence
Opdctrust BANCORRING Approach on Credit Due Diligence * Conducted on-site and off-site due diligence to review the loan portfolio for loss potential and necessary credit reserves ‘* Used measured assumptions across all input metrics and evaluated loss severity within portfolio by segment and type *
Slide 13: Summary
Executing on Growth Opdctrust Summary Immediately accretive to earnings per share and tangible book value per share Strategic Fit and Diversifies revenue sources while expanding geographic reach into desired Attractive markets Deal FPTB’s experienced executive team and existing 1-4 family portfolio