PMBC News and Press, Pacific Mercantile Bancorp From 05/09/19

COSTA MESA, Calif., May 09, 2019 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided $5.9 million in financing to RedRock Security & Cabling, Inc. (“...

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COSTA MESA, Calif., May 02, 2019 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (NASDAQ: PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, today announced that Tom Vertin, President & Chief Executive Officer, and Curt Ch...

COSTA MESA, Calif., April 25, 2019 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $6.5 million credit facility to Survival Systems International, Inc. (&...

Pacific Mercantile Bancorp (NASDAQ: PMBC ): Q1 GAAP EPS of $0.04 misses by $0.08 . Revenue of $13.54M (+2.3% Y/Y) beats by $0.14M . Press Release More news on: Pacific Mercantile Bancorp, Earnings news and commentary, Financial stocks news, ,

First Quarter Summary Net income of $882 thousand, or $0.04 per fully diluted share $3.3 million provision for loan and lease losses during the three months ended March 31, 2019 Classified assets decreased by $3.9 million, or 49% from December 31, 2018 Total new loan commitments of $...

DENVER , March 7, 2019 /PRNewswire/ -- P2Binvestor (P2Bi), a leading marketplace alternative lender that offers crowdsourced, asset-secured lines of credit to growing companies, announced today that it has collaborated with Pacific Mercantile Bank to offer custom-tailored lines of credit ...

COSTA MESA, Calif., March 06, 2019 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided financing to EMU Films , a UK film production company whose recent fil...

COSTA MESA, Calif., March 05, 2019 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (Nasdaq: PMBC, the “Company”), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, today announced the appointment of Paul W. Taylor to t...

COSTA MESA, Calif., Feb. 26, 2019 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $6.9 million credit facility to Country Archer Jerky Company.  The ...