$PMBC News
Last published 1y ago
- 1y agoINTCPBIPOWWSBLX+1Pitney Bowes Appoints Accomplished Shipping and Technology Leader Todd Everett as President of Sending Technology SolutionsBusiness WireAlso Appoints Experienced Public Company Director Wayne Walker as Independent Member of the Board Announces Actions to Help Realize the Full Value of The Pitney Bowes Bank and the Company's Global Financial Services
- 5y agoBANCPMBCMaxwell Sinclair Joins Integro Bank (Proposed)PR NewswirePHOENIX, Oct. 27, 2021 /PRNewswire/ -- Integro Bank (Proposed) announced today that Maxwell Sinclair joined the company as EVP, Chief Risk & Compliance Officer to lead the bank's Enterprise-Wide Risk, BSA, CRA and compliance activities.
- 5y agoBANCPMBCBanc of California Announces the Completion of its Acquisition of Pacific Mercantile BancorpBusiness WireAcquisition creates a business banking franchise in Southern California with over $9 billion in assets Three new independent directors appointed to the Board of Directors Banc of California, Inc. (NYSE:BANC) (the "Company" or "Banc of C
- 5y agoBANCPMBCBanc of California and Pacific Mercantile Bancorp Announce Receipt of Final Regulatory ApprovalBusiness WireBanc of California, Inc. (NYSE:BANC) (the "Company") and Pacific Mercantile Bancorp (NASDAQ:PMBC) ("Pacific Mercantile") today announced that all required regulatory approvals for the mergers of Pacific Mercantile into the Company and Pacific Mercantile
- 5y agoPMBCPacific Mercantile Bancorp Reports Second Quarter 2021 Operating ResultsGlobeNewswireSecond Quarter Summary Net income of $3.9 million, or $0.16 per fully diluted share, including merger-related expense that negatively impacted earnings per share by $0.02 Classified loans reduced by 15.3% to $53.4 million from $63.0 million th
- 5y agoGAINPMBCPacific Mercantile Bank Provides $7.5 Million Line of Credit to Mason-West LLCGlobeNewswireCOSTA MESA, Calif., June 08, 2021 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank ("the Bank"), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has provided a $7.5 million revolving line of credit to Mason-W
- 5y agoPMBCPacific Mercantile Bank Provides Revolving Line of Credit to Quality Candy Company, LLCGlobeNewswireCOSTA MESA, Calif., May 18, 2021 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank ("the Bank"), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has provided a revolving line of credit to Quality Candy Company
- 5y agoPMBCPacific Mercantile Bancorp Reports First Quarter 2021 Operating ResultsGlobeNewswireFirst 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
- 5y agoBANCPMBCBanc of California, Inc. to Acquire Pacific Mercantile Bancorp, Creating a $9.5 Billion Business Banking Franchise in Southern CaliforniaBusiness WireSANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) (the “Company”, “Banc of California”, “we”, “us” or “our”), the holding company of Banc of California, N.A., and Pacific Mercantile Bancorp (NASDAQ: PMBC) (“Pacific Mercantile”), the holding company of Pacific Mercantile Bank, today announced they have entered into a definitive agreement and plan of merger under which Pacifi ...
- 5y agoPMBCPacific Mercantile Bank Provides $7.0 Million Credit Facility to Winc, Inc.GlobeNewswireCOSTA MESA, Calif. , March 02, 2021 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has...
- 5y agoPMBCPacific Mercantile Bank Provides $4.0 Million Line of Credit to CRU Data Security GroupGlobeNewswireCOSTA MESA, Calif., Feb. 17, 2021 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has...
- 5y agoPMBCPacific Mercantile Bancorp Reports Fourth Quarter and Fiscal 2020 Operating ResultsGlobeNewswireFourth Quarter Summary Net income of $3.7 million, or $0.16 per fully diluted shareTotal new loan commitments of $69.9 million and total loan funding of $44.4 millionOngoing focus on reducing...
- 5y agoPMBCPacific Mercantile Bank Expands Relationship with Simpson Sandblasting & Special Coatings, Inc.GlobeNewswireCOSTA MESA, Calif., Dec. 22, 2020 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has...
- 5y agoPMBCThe Orange County Register Names Pacific Mercantile Bank a Winner of the Orange County Top Workplaces 2020 AwardGlobeNewswireCOSTA MESA, Calif., Dec. 11, 2020 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), has been awarded a Top...
- 5y agoPMBCPacific Mercantile Bank Provides $8.0 Million Credit Facility to Upstrēm, Inc.GlobeNewswireCOSTA MESA, Calif., Dec. 02, 2020 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has...
- 6y agoPMBCPacific Mercantile Bancorp Reports Third Quarter 2020 Operating ResultsGlobeNewswireThird Quarter Summary Net income of $5.1 million, or $0.21 per fully diluted shareOngoing focus on reducing costs of deposits resulted in a decrease in interest expense over last quarter of...
- 6y agoPMBCPacific Mercantile Bancorp Appoints Anne McCallion to Board of DirectorsGlobeNewswireCOSTA MESA, Calif., Sept. 21, 2020 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (Nasdaq: PMBC, the “Company”), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking...
- 6y agoPMBCPacific Mercantile Bancorp Reports Second Quarter 2020 Operating ResultsGlobeNewswireSecond Quarter Summary Net income of $1.9 million, or $0.08 per fully diluted shareFunded $280.3 million of Paycheck Protection Program (“PPP”) loans for almost 700 companies representing over 30,000...
- 6y agoPMBCPacific Mercantile Bank Provides Critical Support to Southern California Businesses With Over $290 Million in Paycheck Protection Program LoansGlobeNewswireCOSTA MESA, Calif., June 17, 2020 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has...
- 6y agoPMBCPacific Mercantile Bancorp Appoints Denis Kalscheur as Chairman of the Board of DirectorsGlobeNewswireCOSTA MESA, Calif., May 21, 2020 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (Nasdaq: PMBC, the “Company”), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking...
- 6y agoPMBCPacific Mercantile Bancorp Reports First Quarter 2020 Operating ResultsGlobeNewswireFirst Quarter Summary Net loss of $2.4 million, or $(0.10) per fully diluted shareTotal new loan commitments of $52.5 million and loan fundings of $33.3 millionTotal loans increased $16.8...
- 6y agoPMBCDisruptive Private Equity Firm Buys 2nd Company Within MonthPR NewswireFor the second time within a month, Brand Velocity Partners (BVP), the private equity firm building its reputation on adding brand marketing muscle...
- 6y agoPMBCThe Orange County Register Names Pacific Mercantile Bank a Winner of the Orange County Top Workplaces 2019 AwardGlobeNewswireCOSTA MESA, Calif., Dec. 20, 2019 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has been...
- 6y agoPMBCPacific Mercantile Bank Provides Financing to Mako SteelGlobeNewswireCOSTA MESA, Calif., Dec. 11, 2019 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has...
- 6y agoPMBCPacific Mercantile Bancorp Appoints Manish Dutta to Board of DirectorsGlobeNewswireCOSTA MESA, Calif., Nov. 22, 2019 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (Nasdaq: PMBC, the “Company”), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking...
- 7y agoPMBCPacific Mercantile Bancorp Announces Participation in Upcoming Investor ConferencesGlobeNewswireCOSTA MESA, Calif., Nov. 01, 2019 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (NASDAQ: PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, today...
- 7y agoPMBCPacific Mercantile Bancorp Reports Third Quarter Operating ResultsGlobeNewswireThird Quarter Summary Net income of $1.63 million, or $0.07 per fully diluted shareTotal new loan commitments of $121.0 million and loan fundings of $94.5 million Total loans increased...
- 7y agoPMBCPacific Mercantile Bank to Provide Commercial Banking Services to Schiefer ChopshopGlobeNewswireCOSTA MESA, Calif., Sept. 26, 2019 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has...
- 7y agoPMBCPacific Mercantile Bank Provides $3.0 Million Credit Facility to Delicate ProductionsGlobeNewswireCOSTA MESA, Calif., Sept. 25, 2019 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has...
- 7y agoPMBCPacific Mercantile Bank Provides $5.0 Million Credit Facility to RoadEx AmericaGlobeNewswireCOSTA MESA, Calif., Sept. 18, 2019 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has...
- 7y agoPMBCPacific Mercantile Bank Provides $5.3 Million Credit Facility to 3LB Restaurant ConceptsGlobeNewswireCOSTA MESA, Calif., Sept. 03, 2019 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has...
- 7y agoPMBCPacific Mercantile Bancorp Appoints Brad R. Dinsmore as President and Chief Executive OfficerGlobeNewswireCOSTA MESA, Calif., Aug. 29, 2019 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (Nasdaq: PMBC) (the “Company”), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking...