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56Chevy

07/12/14 12:39 AM

#54 RE: stlogic #52

Book value per share increased to $10.96 as of March 31, 2014

Market Value as of 7/11/2014 is: $13.99

Price to Book is 1.28%

Source: 2014 10-Q

http://ih.advfn.com/p.php?pid=nmona&article=62166377

Banks of this size national average P/B is 1.55%

The average prices being paid in M&A deals has been in the 1.5 ~ 2 X BV range.

FD: I do not own shares of PPBI at this time...but I like the bank.