newsfilter
← Latest News
GlobeNewswire·

Pacific Mercantile Bancorp Reports First Quarter 2021 Operating Results

First Quarter Summary Net income of $3.4 million, or $0.14 per fully diluted share Loans on nonaccrual reduced by 48.5% to $20.6 million and classified loans reduced by 30.2% to $63.0 million Ongoing focus on reducing cost of deposits resulted in a