Banc Of California, Inc. · NYSE:BANC

Banc Of California — First Pactrust Bancorp — Merger or Acquisition (August 2012)

14 slides from Banc Of California's merger presentation, Aug 22, 2012

1. Slide 1: Acquisition of The Private Bank of California

   O\oactrust BANCORP,INC” Acquisition of The Private Bank of California August 22, 2012

2. Slide 2: Forward Looking Statements

   Opactrust_ 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 results could differ m

3. Slide 3: Today's Announcement

   Opdctrust Today’s Announcement First PacTrust Bancorp is pleased to announce the acquisition of The Private Bank of California, an approximately $650 million bank based in Los Angeles, California. YE | complctedtascine || Opened tatotisand || cape neat Opened Santa B | Keesmentand ‘Sen Marcos eal Mo

4. Slide 4: Transaction Overview

   Opactrust Transaction Overview Structure Due Diligence Required Approvals Whole company acquisition of The Private Bank of California by First PacTrust subsidiary Beach Business Bank Beach Business Bank to be renamed The Private Bank of California The Private Bank of California shareholders to recei

5. Slide 5: Transaction Rationale

   Opdctrust Transaction Rationale Y Consistent with First PacTrust’s stated objective of expanding its Southern California community banking business v Transforms and strengthens First PacTrust by increasing scale and providing strong entry Strategic into private banking, small- to middle- market lend

6. Slide 6: Overview of Private Bank of California

   Opacirust Overview of Private Bank of California Company Overview Pro Forma Bra ap [Bank Name Private Bank of California aa. Headquarters Los Angeles, CA| : Date Established October 24, 2005 oe y Depository Branches 3 [Total Assets S$ 638,746 Cash & Securities $ 321,537 Gross Loans $ 318,049 [Total

7. Slide 7: Mutually Beneficial Transaction

   Opactrust Mutually Beneficial Transaction Benefits to First PacTrust Bancorp Benefits to The Private Bank of California V Valuable deposit franchise (e.g., noninterest bearing Y Approximately 25-30% acquisition premium deposits represent approximately 45% of total relative to most recent stock price

8. Slide 8: Other Announcements

   Opactrust Other Announcements v First PacTrust’s Board of Directors also announced the following enhancements to its management team and board oversight including the establishment of a Co- CEO office in view of company's growth and to facilitate integration and development of strategic initiatives:

9. Slide 9: Summary

   Opactrust Summary Immediately accretive to earnings, attractive TBV earn back period Access to private banking, small-to middle- market and entertainment-based lending Represents a strategic, financial and cultural fit with First PacTrust Strategic Fit and Attractive Builds upon PacTrust lending cap

10. Slide 10: Appendix

    Appendix

11. Slide 11: Pro Forma Balance Sheet

    Opdctrust Pro Forma Balance Sheet First PacTrust Bancorp* §j ‘ y Combined Company: = ‘Teal Assets Total Assets $ _ 2,201,291 Cash & Securities $ 600,380 Gross Loans $1,515,119 Deposits $ 1,829,174 Cash & Securities Gross Loans * Includes FPTB's pro forma acquisition of Gateway Bancorp and Beach Busi

12. Slide 12: Pro Forma Deposit Composition

    Opactrust Pro Forma Deposit Composition acTrust Bank The Private Bank of California Deposit Mix Deposit Mix Deposit Mix of %ot of Balance Total Balance Total Total Non interest Bearing 130,847 10.2% INon interest Bearing 246,707 44.6% INon interest Bearing 20.6% INow & Other Trans 114342 9.0% INow &

13. Slide 13: Pro Forma Loan Composition

    Opadctrust BANCORP INC Pro Forma Loan Composition PacTrust Bank Loan Mix Balance _ % of Total The Private Bank of California Loan Mix Balance %of Total loan Mi % of Total Balance [constr & Dev 1816915 constr & Dev 16340 5.1% [constr & Dev 34,509 23% 1-4 Family Residential «454553 37.6% 1-4 Family Re

14. Slide 14: Comparable Transactions

    Opdctrust BANCORR ING: ‘uyer Name SKBHC Holdings LC PacWest Bancorp: FNB Bancorp “SKBHC Holdings LLC ‘Grandpoint Capita, Ine 1 California United Bank First PacTrust Bancorp, Ine. “Opus Bank First Foundation Inc. 3/10/2011. Grandpoint Capital, Inc. 19/15/2010 First General Bank 7/34/2030 _Grandpoint

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