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This document presents the fourth quarter financial results for Pacific Premier Bancorp, Inc., detailing a net loss of $135.4 million and an adjusted net income of $48.4 million for the quarter. It outlines the company\'s financial performance, highlighting significant changes in net interest margin, deposits, and loan portfolios, alongside a declared quarterly cash dividend of $0.33 per share.
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Exhibit 991 is a specific financial disclosure document required by regulatory authorities, detailing certain financial activities or transactions of an organization.
Organizations that meet certain criteria regarding their financial activities, typically including public companies and other entities under regulatory supervision, are required to file exhibit 991.
To fill out exhibit 991, organizations must accurately report their financial transactions using the prescribed format, including all required sections and supporting documentation as specified by regulatory guidelines.
The purpose of exhibit 991 is to ensure transparency and accountability in financial reporting, allowing regulatory authorities to monitor compliance and assess the financial health of the organization.
The information that must be reported on exhibit 991 typically includes detailed financial transactions, asset valuations, and any relevant disclosures regarding financial performance and liabilities.
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