Named Executive Officers Salary and Bonus Arrangements



 Exhibit 10.13 
 Named Executive Officers Salary and Bonus Arrangements for 2010 
 Base Salaries

 The base salaries for 2011 for the executive officers (the “named executive officers”) of First PacTrust
Bancorp, Inc. (the “Company”) and Pacific Trust Bank who will be named in the compensation table that will appear in the Company’s upcoming 2011 annual meeting proxy statement are as follows: 

 

					
	 	  	2011	 
	 Name and Title
	  	Current
Base Salary	 
	 Gregory A. Mitchell

President and Chief Executive Officer
	  	$	416,000	  
	 Hans R. Ganz

Pacific Trust Bank President and Chief Executive Officer
	  	$	365,019	  
	 James P. Sheehy

Executive Vice President—Secretary and Treasurer
	  	$	165,006	  
	 Melanie M. Yaptangco

Executive Vice President—Lending
	  	$	165,006	  

 Description of 2010 Bonus
Incentive Plan 
 On January 19, 2010, the Company’s Compensation Committee approved a cash incentive bonus plan
for 2010 (the “2010 Bonus Plan”) for all officers and employees of the Company and the Bank. The plan provides for a discretionary bonus pool of funds which would not exceed 10% of after-tax net income with a minimum discretionary bonus
pool amount of $150,000 in the aggregate. Bonuses will be paid under the 2010 Bonus Plan in early 2011. 
 The key performance
indicators used to determine whether any bonuses will be paid under the 2010 Bonus Plan will be the same for all administration employees. The amounts of the bonuses to be individually awarded under the 2010 Bonus Plan are fully discretionary, and
may or may not be paid in whole or in part based on the Compensation Committee’s qualitative assessment of individual contributions toward the Company’s success relative to its profitability, customer service, deposit growth, compliance,
loan originations and portfolio growth, loan charge-off and delinquency ratios. Payout percentages will vary from employee to employee. All named executive officers are eligible under the Plan. 

For branch operations staff, a separate branch sales incentive bonus plan has been created that is tied to individual deposit growth
goals by branch, and is not dependent on the general income of the Company. 
 Director Fee Arrangements for 2010 

Each director of First PacTrust Bancorp, Inc., (the “Company”) also is a director of Pacific Trust Bank (the “Bank”).
Directors are not paid a fee for service on the Company’s board. As of December 31, 2010, members of Pacific Trust Bank’s board of directors who are “independent directors” will receive an annual retainer fee of $5,000 in
January of each calendar year. New directors who are elected or appointed to the board during the year shall be paid a pro rata annual retainer equal to 1/12 of the $5,000 fee for each full or partial month remaining in that calendar year.

 Non-employee directors shall be paid a fee of $2,000 for each Bank board meeting attended. In addition, the Chairman of the
Board receives a 50% premium ($1,000) per Bank board meeting attended. Directors are not paid additional fees for attendance at First PacTrust Bancorp, Inc. Board of Directors meetings. 

Non-employee directors are also paid fees for their service on various committees as follows: Executive Committee – $1,000 per
meeting; Audit Committee – $600 per meeting; Compensation Committee – $600 per meeting; Nominating Committee – $500 per meeting; Strategic Planning Committee – $600 per meeting; Investment Committee – $600 per meeting; Loan
Committee – $2,000 per year; Technology Committee – $1,200 per year; and Facilities Committee – $2,000 per year. The Committee Chairmen also received a 50% premium. 







 Attendance by telephone at Bank board meeting and committee meetings is compensated at
two-thirds the rate per meeting for directors attending in person. 
 Directors attending the Company/Bank’s annual
off-site planning session shall be paid $2,000 in addition to any Board of Director or Committee per meeting fees. There are no deferred compensation arrangements with any non-employee director.