Pacific Mercantile Bancorp (OQ:PMBC)

Jun 17, 2020 08:00 am ET
Pacific Mercantile Bank Provides Critical Support to Southern California Businesses With Over $290 Million in Paycheck Protection Program Loans
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has originated over $290 million in Paycheck Protection Program (“PPP”) loans through June 15th for almost 700...
May 21, 2020 04:33 pm ET
Pacific Mercantile Bancorp Appoints Denis Kalscheur as Chairman of the Board of Directors
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 Denis P. Kalscheur as Chairman of the Board of Directors of...
Apr 30, 2020 04:30 pm ET
Pacific Mercantile Bancorp Reports First Quarter 2020 Operating Results
Pacific Mercantile Bancorp (Nasdaq: PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, today reported its financial results for the three months ended March 31, 2020. For the first...
Jan 28, 2020 08:00 am ET
Pacific Mercantile Bancorp to Participate in the 2020 Janney West Coast CEO Forum
Pacific Mercantile Bancorp (NASDAQ: PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, today announced that Brad R. Dinsmore, President & Chief Executive Officer, and Curt Christianssen, Executive...
Jan 27, 2020 08:00 am ET
Pacific Mercantile Bancorp Reports Fourth Quarter and Fiscal 2019 Operating Results
Pacific Mercantile Bancorp (Nasdaq: PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, today reported its financial results for the three months and year ended December 31, 2019. For the fourth...
Dec 20, 2019 08:00 am ET
The Orange County Register Names Pacific Mercantile Bank a Winner of the Orange County Top Workplaces 2019 Award
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has been awarded a Top Workplaces 2019 honor by The Orange County Register. The list is based solely on employee...
Dec 11, 2019 08:00 am ET
Pacific Mercantile Bank Provides Financing to Mako Steel
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a credit facility to Mako Steel.  The credit facility supplements the recent investment in Mako...
Nov 22, 2019 04:30 pm ET
Pacific Mercantile Bancorp Appoints Manish Dutta to Board of Directors
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 Manish Dutta to the board of directors of both Pacific...
Nov 01, 2019 04:05 pm ET
Pacific Mercantile Bancorp Announces Participation in Upcoming Investor Conferences
Pacific Mercantile Bancorp (NASDAQ: PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, today announced that Brad Dinsmore, President & Chief Executive Officer, and Curt Christianssen, Executive...
Oct 28, 2019 08:00 am ET
Pacific Mercantile Bancorp Reports Third Quarter Operating Results
Pacific Mercantile Bancorp (Nasdaq: PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, today reported its financial results for the three and nine months ended September 30, 2019. For...
Sep 26, 2019 08:00 am ET
Pacific Mercantile Bank to Provide Commercial Banking Services to Schiefer Chopshop
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has been selected by Schiefer Chopshop (“SCS”) to support the company’s continued growth with a wide array of...
Sep 25, 2019 08:00 am ET
Pacific Mercantile Bank Provides $3.0 Million Credit Facility to Delicate Productions
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $3.0 million credit facility to Delicate Productions, consisting of a term loan and a revolving...
Sep 18, 2019 08:00 am ET
Pacific Mercantile Bank Provides $5.0 Million Credit Facility to RoadEx America
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $5.0 million credit facility to RoadEx America.  In addition to the financing, RoadEx utilizes a...
Sep 12, 2019 08:00 am ET
Pacific Mercantile Bank Provides $4.5 Million in Financing to BTG Textiles
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $4.5 million credit facility to BTG Textiles.  In addition to the financing, BTG Textiles...
Sep 03, 2019 08:00 am ET
Pacific Mercantile Bank Provides $5.3 Million Credit Facility to 3LB Restaurant Concepts
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $5.3 million credit facility to 3LB Restaurant Concepts (“3LB”) to restructure the company’s...
Aug 29, 2019 05:00 pm ET
Pacific Mercantile Bancorp Appoints Brad R. Dinsmore as President and Chief Executive Officer
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 Brad R. Dinsmore as the President and Chief Executive...
Jul 31, 2019 08:00 am ET
Pacific Mercantile Bank Provides $10.0 Million in Financing to Mercury GSE
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $10.0 million credit facility to Mercury GSE. In addition to the financing, Mercury GSE utilizes...
Jul 26, 2019 08:00 am ET
Pacific Mercantile Bancorp to Participate in the 2019 KBW Community Bank Investor Conference
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 Christianssen, Executive Vice...
Jul 22, 2019 08:00 am ET
Pacific Mercantile Bancorp Reports Second Quarter Operating Results
Pacific Mercantile Bancorp (Nasdaq: PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, today reported its financial results for the three and six months ended June 30, 2019. For the second...
Jun 27, 2019 08:00 am ET
Pacific Mercantile Bank Provides $3.0 Million in Financing to Brand Value Accelerator
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $3.0 million revolving line of credit to Brand Value Accelerator (“BVAccel”).  In addition to the...
Jun 13, 2019 08:00 am ET
Pacific Mercantile Bank Provides $6.4 Million Credit Facility to Culinary International LLC
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $6.4 million credit facility to Culinary International LLC consisting of a line of credit and a...
Jun 11, 2019 08:00 am ET
Pacific Mercantile Bank Provides a Multi-Million Dollar Credit Facility to Performance Inflatables Company
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a multi-million dollar credit facility to Performance Inflatables Company. In addition to the...
May 16, 2019 08:00 am ET
Pacific Mercantile Bancorp Announces Election of Shannon F. Eusey and Michele S. Miyakawa to Board of Directors
Pacific Mercantile Bancorp (Nasdaq: PMBC, the “Company”), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, today announced the election of Shannon F. Eusey and Michele S. Miyakawa to the board of...
May 09, 2019 08:00 am ET
Pacific Mercantile Bank Provides $5.9 Million in Financing to RedRock Security & Cabling, Inc.
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. (“RedRock”). In addition to the...
May 02, 2019 08:00 am ET
Pacific Mercantile Bancorp to Participate in the D.A. Davidson Financial Institutions Conference
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 Christianssen, Executive Vice...
Apr 25, 2019 08:00 am ET
Pacific Mercantile Bank Provides $6.5 Million Credit Facility to Survival Systems International, Inc.
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. (“SSI”).  In addition to the...
Apr 22, 2019 08:00 am ET
Pacific Mercantile Bancorp Reports First Quarter Operating Results
Pacific Mercantile Bancorp (Nasdaq: PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, today reported its financial results for the three months ended March 31, 2019. For the first quarter of...
Mar 07, 2019 08:00 am ET
P2Binvestor Solves Critical Working Capital Need of a California Business
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 to California based businesses.  The first such business to benefit from this newly formed fintech and bank relationship was a company with over $10 million in back-orders that was having difficulty funding its working capital cash-flow needs to purchase raw materials and supplies to fulfill orders.   ...
Mar 06, 2019 08:00 am ET
Pacific Mercantile Bank Provides Financing to EMU Films
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 films include Dirty God which...
Mar 05, 2019 10:03 am ET
Pacific Mercantile Bancorp Appoints Paul W. Taylor to Board of Directors
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 the board of directors of both Pacific...
Feb 26, 2019 08:00 am ET
Pacific Mercantile Bank Provides $6.9 Million in Financing to Country Archer Jerky Company
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 credit facility consists of a...
Feb 20, 2019 08:00 am ET
Pacific Mercantile Bank Provides $4.4 Million Credit Facility to Powder Coat Services, LLC
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $4.4 million credit facility to Powder Coat Services, LLC (“PCS”).  The credit facility consists...
Feb 14, 2019 08:00 am ET
Pacific Mercantile Bank Provides $9.75 Million Credit Facility to Cambelt International
Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $9.75 million credit facility to Cambelt International. In addition to the financing, Cambelt International...
Jan 28, 2019 08:00 am ET
Pacific Mercantile Bancorp Reports Fourth Quarter and Fiscal 2018 Operating Results
Pacific Mercantile Bancorp (Nasdaq: PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, today reported its financial results for the three months and year ended December 31, 2018. For the fourth...
Jan 25, 2019 08:00 am ET
Pacific Mercantile Bancorp to Participate in the FIG Partners CEO Forum
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 Christianssen, Executive Vice...
Dec 19, 2018 08:00 am ET
Pacific Mercantile Bank Provides $5 Million in Financing to Edition Logistics Management
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $5.0 million revolving line of credit to Edition Logistics Management (“ELM”).  In addition to...
Dec 12, 2018 08:00 am ET
The Orange County Register Names Pacific Mercantile Bank A Winner of the Orange County 2018 Top Workplaces Award
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it received a 2018 Top Workplaces award from The Orange County Register. The award is based solely on employee...
Dec 06, 2018 08:00 am ET
Pacific Mercantile Bank Provides $4 Million Credit Facility to SynergEyes, Inc.
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $4.0 million credit facility to SynergEyes, Inc. consisting of a revolving line of credit and...
Nov 28, 2018 04:30 pm ET
Pacific Mercantile Bancorp Appoints James F. Deutsch to Board of Directors
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 James F. Deutsch to the board of directors of both Pacific...
Nov 14, 2018 08:00 am ET
Pacific Mercantile Bank Provides $5 Million Credit Facility to Egide USA
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $5.0 million credit facility to Egide USA (“Egide”), consisting of a revolving line of credit and...
Nov 06, 2018 08:00 am ET
Pacific Mercantile Bank Provides Financing for Expansion of MonkeySports Capital
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has provided a $7.8 million owner-occupied commercial real estate loan to finance the expansion of MonkeySports...
Nov 05, 2018 08:00 am ET
Pacific Mercantile Bancorp to Participate in the Piper Jaffray Western Bank Symposium
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 Christianssen, Executive Vice...
Oct 22, 2018 08:00 am ET
Pacific Mercantile Bancorp Reports Third Quarter 2018 Operating Results
Pacific Mercantile Bancorp (Nasdaq: PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, today reported its financial results for the three and nine months ended September 30, 2018. For the third...
Sep 27, 2018 08:00 am ET
Pacific Mercantile Bank Provides $3.0 Million Credit Facility to Avalon Transportation
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $3.0 million credit facility to Avalon Transportation, consisting of a commercial term loan and a...
Sep 26, 2018 08:00 am ET
Pacific Mercantile Bank Provides $10 Million in Financing to Great Elm DME, Inc. to Fund the Acquisitions of Valley Healthcare Group and Northwest Medical
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $10 million revolving line of credit to Great Elm DME, Inc. and its subsidiaries to partially...
Sep 14, 2018 04:15 pm ET
Pacific Mercantile Bancorp Reports Sale of Carpenter Community BancFund Ownership Interest to Institutional Investors
Pacific Mercantile Bancorp (Nasdaq: PMBC, the “Company”), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, and PM Asset Resolution, Inc. (“PMAR”), a wholly owned non-bank subsidiary, today reported...
Sep 04, 2018 08:00 am ET
Pacific Mercantile Bank Provides $2.5 Million in Financing to Karish Industries
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $2.5 million revolving line of credit to Karish Industries.  In addition to the financing, Karish...
Aug 29, 2018 08:00 am ET
Pacific Mercantile Bank Provides Financing to Prospect 3 in Advance of the U.K. Premiere of HURRICANE
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided financing to Prospect 3, a feature film production company.  On September 7, 2018, Prospect 3 will...
Aug 21, 2018 08:00 am ET
Pacific Mercantile Bank Provides $3.5 Million in Financing to Northwest Medical
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $3.5 million revolving line of credit to Northwest Medical.  In addition to the financing,...
Jul 27, 2018 08:00 am ET
Pacific Mercantile Bancorp to Participate in the KBW Community Bank Investor Conference
Pacific Mercantile Bancorp (NASDAQ:PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, and PM Asset Resolution, Inc. ("PMAR"), a wholly owned non-bank subsidiary, today announced that Tom Vertin,...
Jul 23, 2018 08:00 am ET
Pacific Mercantile Bancorp Reports Second Quarter 2018 Operating Results
Pacific Mercantile Bancorp (Nasdaq:PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, and PM Asset Resolution, Inc. (“PMAR”), a wholly owned non-bank subsidiary, today reported its financial...
Jun 28, 2018 08:00 am ET
Pacific Mercantile Bank Provides $2 Million Credit Facility to Silver Spur Corporation
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has provided a $2 million credit facility to Silver Spur Corporation, consisting of a revolving line of credit....
Jun 26, 2018 08:00 am ET
Pacific Mercantile Bank Establishes a Banking Relationship with Pressed Juicery
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has established a banking relationship with Pressed Juicery. Headquartered in Santa Monica, Pressed Juicery is...
Jun 21, 2018 08:00 am ET
Pacific Mercantile Bank Provides $4.75 Million Credit Facility to Fragrant Jewels
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has extended a $4.75 million commercial term loan credit facility to Fragrant Jewels.  In addition to the...
Jun 18, 2018 08:00 am ET
Mental Health Systems Selects Pacific Mercantile Bank for Financing and Cash Management Solutions
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has been selected as the new banking partner for Mental Health Systems, Inc. (“MHS”), a non-profit organization...
May 29, 2018 08:00 am ET
Pacific Mercantile Bank Provides Financing to Support Vopne Capital’s Equity Investment in RatPac Dimmers
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has provided the financing to support Vopne Capital’s equity investment in RatPac Dimmers, the leading...
May 24, 2018 08:00 am ET
Pacific Mercantile Bank Helps Companies Reduce Payment Processing Costs with eConnect Pay
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced the introduction of eConnect Pay, an end-to-end accounts payable and payments solution for mid-sized businesses.  A...
May 22, 2018 08:00 am ET
Pacific Mercantile Bank Announces New Regional Managers for Newport Beach and Irvine Spectrum Offices
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced the following leadership changes within its branch network: Ross Macdonald, formerly Senior Vice President Regional...
May 16, 2018 08:00 am ET
Pacific Mercantile Bank Provides $5 Million in Financing to Western Shield
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has extended a $5 million credit facility to Western Shield, consisting of a term loan and a revolving line of...
May 03, 2018 08:00 am ET
Pacific Mercantile Bancorp to Participate in the D.A. Davidson Financial Institutions Conference
Pacific Mercantile Bancorp (NASDAQ:PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, and PM Asset Resolution, Inc. ("PMAR"), a wholly owned non-bank subsidiary, today announced that Tom Vertin,...
Apr 23, 2018 08:00 am ET
Apr 11, 2018 08:00 am ET
Jim Roby Appointed Director of SBA Lending at Pacific Mercantile Bank
COSTA MESA, Calif., April 11, 2018 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that Jim Roby has been hired to lead the Bank’s Small Business Administration...
Mar 27, 2018 08:00 am ET
Pacific Mercantile Bank Provides $11 Million in Financing to NEXT Trucking
COSTA MESA, Calif., March 27, 2018 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that the Bank’s Asset-Based Lending Group has extended an $11 million credit facility...
Mar 20, 2018 08:00 am ET
Pacific Mercantile Bank Provides $6.6 Million in Financing to Magna Transportation Group
COSTA MESA, Calif., March 20, 2018 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has extended $6.6 million in financing to Magna Transportation Group, a...
Mar 15, 2018 08:00 am ET
Pacific Mercantile Bank Provides $4.7 Million in Financing to Superior Pavement Markings
COSTA MESA, Calif., March 15, 2018 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has extended $4.7 million in financing to Superior Pavement Markings.  The...
Mar 09, 2018 08:00 am ET
Pacific Mercantile Bank Provides $8 Million Credit Facility to Aluratek
COSTA MESA, Calif., March 09, 2018 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has extended $8 million in financing to Aluratek, a leading global...
Mar 05, 2018 08:00 am ET
Pacific Mercantile Bank Announces New Regional Managers
COSTA MESA, Calif., March 05, 2018 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced the following leadership changes within its branch network:
Mar 01, 2018 08:00 am ET
Pacific Mercantile Bancorp to Participate in the Sandler O’Neill West Coast Financial Services Conference
COSTA MESA, Calif., March 01, 2018 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (NASDAQ:PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, and PM Asset Resolution, Inc. ("PMAR"), a wholly owned non-bank subsidiary,...
Jan 29, 2018 04:05 pm ET
Pacific Mercantile Bancorp to Participate in FIG Partners CEO Forum
COSTA MESA, Calif., Jan. 29, 2018 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (NASDAQ:PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, and PM Asset Resolution, Inc. ("PMAR"), a wholly owned non-bank subsidiary,...
Nov 15, 2017 08:00 am ET
Pacific Mercantile Bank Provides New Credit Facility to ARGOS Material Distribution
COSTA MESA, Calif., Nov. 15, 2017 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has extended a $5 million senior credit facility to ARGOS Material...
Nov 02, 2017 08:00 am ET
Pacific Mercantile Bancorp Announces Participation in Upcoming Investor Conferences
COSTA MESA, Calif., Nov. 02, 2017 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (NASDAQ:PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, and PM Asset Resolution, Inc. ("PMAR"), a wholly owned non-bank subsidiary,...
Sep 20, 2017 08:00 am ET
Pacific Mercantile Bank Provides $4 Million in Financing to Kineticom
COSTA MESA, Calif., Sept. 20, 2017 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that the Bank’s Asset-Based Lending Group has extended a $4 million revolving line of credit to Kineticom Inc., an industry leading telecommunications and IT staffing agency.  In addition to the financing, Kineticom utilizes a full suite of Pacific Mercantile Bank’s depository products and cash management services. ...
Jul 27, 2017 08:00 am ET
Frank Abraham Named EVP/Head of Relationship Banking of Pacific Mercantile Bank
COSTA MESA, Calif., July 27, 2017 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that Frank Abraham has been appointed to the position of Executive Vice President and Head of Relationship Banking.  Mr. Abraham previously served as Senior Vice President and Interim Regional Manager of Pacific Mercantile Bank’s Beverly Hills Financial Center.  As EVP/Head of Relationship Banking, Mr. Abraham will oversee the new business development efforts of the Bank’s commercial banking team, leading the lend...
Jul 24, 2017 08:00 am ET
May 23, 2017 08:00 am ET
Pacific Mercantile Bank Provides Financing to CASE Systems, Inc.
COSTA MESA, Calif., May 23, 2017 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has extended a term loan and commercial line of credit to CASE Systems, Inc. (“CASE”) to support the company’s growth.  In addition to the financing, CASE Systems utilizes a full suite of Pacific Mercantile Bank’s depository products and cash management services. ...
May 11, 2017 08:00 am ET
Pacific Mercantile Bank Partners with Fundation to Offer Simplified Online Applications for Small Business Loans
COSTA MESA, Calif, May 11, 2017 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has partnered with Fundation® to offer small businesses a fast, convenient way to apply for a wide variety of financing options....
May 03, 2017 08:00 am ET
Pacific Mercantile Bank Provides $4 Million in Financing to CHME
COSTA MESA, Calif., May 03, 2017 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has extended a $4 million term loan to CHME, a medical supplies distributor.  In addition to the financing, CHME utilizes a full suite of Pacific Mercantile Bank’s depository products and cash management services.  CHME was referred to Pacific Mercantile Bank by Unique Investment Corporation, CHME’s private equity sponsor....
Apr 24, 2017 08:00 am ET
Mar 02, 2017 04:05 pm ET
Pacific Mercantile Bancorp to Participate in Sandler O’Neill West Coast Financial Services Conference
COSTA MESA, Calif., March 02, 2017 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (NASDAQ:PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, and PM Asset Resolution, Inc. (“PMAR”), a wholly owned non-bank subsidiary, today announced that Tom Vertin, President & Chief Executive Officer, Thomas Inserra, Executive Vice President & Chief Risk Officer, and Curt Christianssen, Executive Vice President & Chief Financial Officer, will participate in the Sandler O’Neill West Coast Financial Services Conference in San Diego.  During the c...
Feb 28, 2017 08:00 am ET
Pacific Mercantile Bank Provides $4 Million in Financing to Kart World Distribution
COSTA MESA, Calif., Feb. 28, 2017 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has extended $4 million in financing to Kart World Distribution to support the firm’s global expansion.  In addition to the financing, Kart World utilizes a full suite of Pacific Mercantile Bank’s depository products and cash management services.  Pacific Mercantile Bank arranged the financing under the California Loan Guarantee Program, which supports small businesses that will contribute to job growth ...
Feb 02, 2017 08:00 am ET
MRI Interventions Selects Pacific Mercantile Bank as its Primary Banking Relationship
COSTA MESA, Calif., Feb. 02, 2017 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has been selected as the primary banking relationship for MRI Interventions, Inc.  MRI Interventions has moved its full deposit relationship to Pacific Mercantile Bank and will utilize a full suite of the Bank’s depository products and cash management services....
Feb 01, 2017 08:00 am ET
Pacific Mercantile Bancorp to Participate in FIG Partners’ 8th Annual West Coast CEO Forum
COSTA MESA, Calif., Feb. 01, 2017 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (NASDAQ:PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, and PM Asset Resolution, Inc. ("PMAR"), a wholly owned non-bank subsidiary, today announced that Tom Vertin, President & Chief Executive Officer, Thomas Inserra, Executive Vice President & Chief Risk Officer, and Curt Christianssen, Executive Vice President & Chief Financial Officer, will participate in FIG Partners’ 8th Annual West Coast CEO Forum on February 1-2, 2017 in Los Angeles.  Th...
Nov 28, 2016 08:00 am ET
Pacific Mercantile Bank Increases Financing to Support the Further Growth of Poms & Associates
COSTA MESA, Calif., Nov. 28, 2016 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has increased the financing for Poms & Associates Insurance Brokers (“Poms & Associates”) to $15 million.  The $15 million line of credit will be used to support the company’s growth. Poms & Associates also utilizes a broad array of Pacific Mercantile Bank’s cash management services, customized to fit their business needs....
Oct 27, 2016 08:00 am ET
Pacific Mercantile Bank Provides $6.8 Million in Financing to Hoosier Inc.
COSTA MESA, Calif., Oct. 27, 2016 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has extended $6.8 million in financing to Hoosier Inc. consisting of a revolving line of credit, an equipment term loan, and a commercial real estate loan.  In addition to the financing, Hoosier will utilize a full suite of Pacific Mercantile Bank’s cash management products....
Oct 24, 2016 05:00 pm ET
Sep 29, 2016 08:00 am ET
Pacific Mercantile Bank Provides $5.8 Million in Financing to Hyperikon
COSTA MESA, Calif., Sept. 29, 2016 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has extended a $5.8 million credit facility to Hyperikon to help finance the company’s continued growth.  In addition to the credit facility, Hyperikon will utilize a full suite of Pacific Mercantile Bank’s cash management products....
Sep 20, 2016 08:00 am ET
Pacific Mercantile Bank Provides $5 Million in Financing to Salon Republic
COSTA MESA, Calif., Sept. 20, 2016 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has provided a $5 million term loan to Salon Republic to help finance the expansion of the company’s network of innovative salon studios across the country.  In addition to the term loan, Salon Republic will utilize a customized suite of cash management products including Pacific Mercantile Bank’s commercial credit card....
Sep 09, 2016 08:00 am ET
Pacific Mercantile Bank Launches Solar and Renewable Energy Lending Group
COSTA MESA, Calif., Sept. 09, 2016 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced the launch of its Solar and Renewable Energy Lending Group, which will offer specialized financing to companies engaged in sustainable, renewable energy projects across the United States....
Aug 30, 2016 08:00 am ET
Pacific Mercantile Bank Provides Financing to PriceSpider
COSTA MESA, Calif., Aug. 30, 2016 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has extended a line of credit to PriceSpider to help finance the company’s continued growth.  In addition to the line of credit, PriceSpider will utilize a customized suite of cash management products including Pacific Mercantile Bank’s corporate credit card and merchant services....
Aug 16, 2016 08:00 am ET
Pacific Mercantile Bank’s Maxwell Sinclair Elected to Board of Directors of The Wiley Center
COSTA MESA, Calif., Aug. 16, 2016 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that Maxwell Sinclair, Executive Vice President and Chief Compliance Officer of Pacific Mercantile Bank, has been elected to the Board of Directors of The Wiley Center for Speech and Language Development, a non-profit organization dedicated to providing evidence-based services to children with Autism Spectrum Disorders (ASD) and other special needs....
Jul 29, 2016 08:00 am ET
Pacific Mercantile Bancorp to Participate in 2016 KBW Community Bank Conference
COSTA MESA, Calif., July 29, 2016 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (NASDAQ:PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, and PM Asset Resolution, Inc. ("PMAR"), a wholly owned non-bank subsidiary, today announced that Tom Vertin, President & Chief Executive Officer, and Curt Christianssen, Executive Vice President & Chief Financial Officer, will participate in the 2016 Keefe, Bruyette & Woods Community Bank Conference on August 2-3, 2016 in New York City.  The management team will deliver a presentation an...
Jul 25, 2016 08:00 am ET
Jun 14, 2016 04:05 pm ET
Pacific Mercantile Bancorp Set to Join Russell 3000 Index
COSTA MESA, Calif., June 14, 2016 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (NASDAQ:PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, and PM Asset Resolution, Inc. ("PMAR"), a wholly owned non-bank subsidiary, today announced that it is set to join the broad-market Russell 3000® Index at the conclusion of the Russell US Indexes annual reconstitution, effective after the US market opens on June 27, according to a preliminary list of additions posted on June 10....
Jun 03, 2016 08:00 am ET
Thomas Inserra Named EVP & Chief Credit Officer of Pacific Mercantile Bank
COSTA MESA, Calif., June 03, 2016 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that Thomas J. Inserra has been named Executive Vice President and Chief Credit Officer of the Company and the Bank.  Mr. Inserra joins the Company after having served as EVP Credit and Chief Collateral Risk Officer for Susquehanna Bank and SVP of its parent Susquehanna Bancshares, one of the 40 largest financial institutions in the United States prior to its acquisition by BB&T Corp. in 2015....
May 23, 2016 08:00 am ET
JC Timmons Named SVP & Regional Manager of Pacific Mercantile Bank’s Costa Mesa Office
COSTA MESA, Calif., May 23, 2016 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that JC Timmons has been named Senior Vice President & Regional Manager of the Bank’s Costa Mesa office.  In his new role, Mr. Timmons will further the Bank’s success in partnering with small- to middle-market companies in Southern California....
May 05, 2016 08:00 am ET
Pacific Mercantile Bank Provides $2 Million Credit Facility to Segue Corporation
COSTA MESA, Calif., May 05, 2016 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced it has extended a $2 million line of credit to Segue Corporation to help fund the company’s growth.  In addition to the line of credit, Segue will utilize the full array of Pacific Mercantile Bank’s cash management services....
May 02, 2016 08:00 am ET
Pacific Mercantile Bancorp Announces Participation in Upcoming Investor Conferences
COSTA MESA, Calif., May 02, 2016 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (NASDAQ:PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, and PM Asset Resolution, Inc. ("PMAR"), a wholly owned non-bank subsidiary, today announced that Tom Vertin, President & Chief Executive Officer, and Curt Christianssen, Executive Vice President & Chief Financial Officer, will participate in the following investor conferences during the month of May:...
Feb 09, 2016 08:55 am ET
Pacific Mercantile Bank Provides Financing for Feature HEARTBEATS Starring Krystal Ellsworth and Amitash Pradhan
LOS ANGELES, Feb. 9, 2016 /PRNewswire/ -- Pacific Mercantile Bank ("the Bank"), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), announced today that its Entertainment Industries Division (EID) has provided Das Films with financing for its dance film set in India and directed by Duane Adler, who wrote and created the first two STEP UP films.  Pacific Mercantile's production financing package consists of gap financing and cash-flowed pre-sales.  ...

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