Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Karr Michael S
 2. Date of Event Requiring Statement (Month/Day/Year)
01/05/2011		 3. Issuer Name and Ticker or Trading Symbol
PACIFIC PREMIER BANCORP INC [PPBI]
(Last)
(First)
(Middle)
19661 VISTA DEL VALLE		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP Chief Credit Officer
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SANTA ANA, CA 92705		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Pacific Premier Bancorp, Inc. Common Stock 10,711
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Options on Pacific Premier Bancorp, Inc. Common Stock (1) 01/03/2010 01/03/2017 Pacific Premier Bancorp, Inc. Common Stock 5,000 $ 12.1 D  
Options on Pacific Premier Bancorp, Inc. Common Stock (2) 01/02/2011 01/02/2018 Pacific Premier Bancorp, Inc. Common Stock 10,000 $ 7.1 D  
Options on Pacific Premier Bancorp, Inc. Common Stock (3) 08/27/2011 02/27/2018 Pacific Premier Bancorp, Inc. Common Stock 10,000 $ 5.01 D  
Options on Pacific Premier Bancorp, Inc. Common Stock (4) 01/05/2014 01/05/2021 Pacific Premier Bancorp, Inc. Common Stock 2,000 $ 6.3 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Karr Michael S
19661 VISTA DEL VALLE
SANTA ANA, CA 92705		       SVP Chief Credit Officer  

Signatures

Michael S. Karr 01/11/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Options vest in three equal annual installments beginning on January 3, 2008.
(2) Options vest in three equal annual installments beginning on January 2, 2009.
(3) Options vest in three equal annual installments beginning on August 27, 2009.
(4) Options vest in three equal annual installments beginning on January 5, 2012.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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