Slide 1: Beach Business Bank Acquisition
C)oactrust BANCORP,INC* Beach Business Bank Acquisition August 31, 2011
Slide 2: Forward Looking Statements
Opactrust_ Forward Looking Statements Forward-Looking Statements This presentation includes forwardlooking 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 actua
Slide 3: Today's Announcements
Opdactrust Today's Announcements First PacTrust Bancorp is pleased to announce the agreement to acquire Beach Business Bank. This strategic transaction is an important step in First PacTrust’s transformation into Southern California’s bank of choice. 2 Completed Baceline Assessment and Opened Ladolt
Slide 4: Transaction Overview
Executing on Growth Opdctrust Transaction Overview Structure ¥ Whole company acquisition of Beach Business Bank Transaction Type ¥ BBBC shareholders expected to receive combination of cash and equity representing up to 1.362 million shares of First PacTrust. ¥ Consideration of $37.4 million (assumin
Slide 5: Transaction Rationale
© cesT pactrust Strategic Cultural Executing on Growth Transaction Rationale ¥ Consistent with First PacTrust’s stated objective of expanding its Southern California community banking business ¥ Transforms and strengthens First PacTrust by increasing scale and providing strong entry into business ba
Slide 6: Beach Business Bank Overview
Opdcirust Overview o Executing on Growth Beach Business Bank Company Overview [Bank Name Beach Business Bank| Heaiguaters Manhattan Beach, CA [Date Established June 1, 2004 [Depository Branches 3 [Total Assets $ 302,700 Cash & Securities $5534 Gms Loans $248,744 [Total Deposits $ 263111 [Tangible Co
Slide 7: Mutually Beneficial Transaction
Executing on Growth Opactrust Mutually Beneficial Transaction ¥ High quality deposit relationships groups ¥ Approximately 53% acquisition premium relative to — 90% core transaction accounts BBBC’s most recent closing price ¥ Strong commercial banking platform groups ¥ Receipt of cash and more liquid
Slide 8: Other Announcements
Executing on Growth Opactrust Other Announcements ¥ First PacTrust will be hosting a conference call on Wednesday, August 31, 2011 at 8:00 am Pacific Time; for details, please visit www. firstpactrustbancorp.com
Slide 9: Summary
Executing on Growth Opactrust Summary ¥ The acquisition of Beach Business Bank is expected to be immediately accretive to earings Strategic Fit ¥ Represents a strategic, financial and cultural fit with First PacTrust Bancorp and Attractive ¥ Expands PacTrust’s Southern California footprint into key
Slide 10: Appendix
Executing on Growth Opactrust Appendix 10
Slide 11: Pro Forma Balance Sheet
Executing on Growth Opdcirust Pro Forma Balance Sheet Combined Company** otal Assets {ff Total Assets $ 1,344,307 Cash & Securities Cash & Securities $ 256,478 Gross Loans [i Gross Loans $ 1,014,801 Deposits || Deposits $ 1,097,138 Tg. Common Equity ITg. Common Equity 193,746 Source: SNL Financial a
Slide 12: Pro Forma Deposit Composition
Executing on Growth Opactrust Pro Forma Deposit Composition Source: SNL Financial as of€/302011 Note: all dollarsinthausands *Combined company before purchase accounting adjustments NOW & Other Trans Acct Maney Markt Deposits, (Oler Saingss Deposits (Retail Time Deposits 5 61633 -humbo Tine Deposis,
Slide 13: Pro Forma Loan Composition
Executing on Growth Opactrust Pro Forma Loan Composition PacTrust Bank Beach Business Bank svar so omer eopi san Dern Sura inet os, a a Loan Loan Mix % of Balance __Total Balance Total S$ 6022 24% $ 6022 $ 30161 21% S617 309 S17 08% $ 24592 2% $ 50633 204% $108,469 119% $ 56200 2&% 5 2300 6A% $4115
Slide 14: Comparable Bank Transactions
Opdctrust ‘Announce Date Buyer Name 6/23/2001 Fast Foundation Inc_ 6/9/2011 SKBHC Hoiaings Lic 6/6/2001 Opus Rank Bay Commerdal Bank Embarcadero Bank Target Name Grandpoint Capital, Ine. Fist General Bank CCalifomia United Bank Grandpoint Capital ne Management group Rabobank Nederland Grandpoint Cap