PMBC - Pacific Mercantile Bancorp

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Pacific Mercantile Bancorp

949 South Coast Drive
Suite 300
Costa Mesa, CA 92626
United States
714-438-2500
http://www.pmbank.com

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees160

Key Executives

NameTitlePayExercisedYear Born
Mr. Thomas M. VertinPres, CEO & Director632.63kN/A1953
Mr. Curt Alan ChristianssenExec. VP, CFO & Sec.354.55kN/A1961
Mr. Thomas J. InserraExec. VP, Chief Credit Officer & Chief Risk Officer439.54kN/A1962
Ms. Nancy A. GrayChief Accounting OfficerN/AN/A1951
Mr. Maxwell G. SinclairExec. VP & Chief Compliance OfficerN/AN/A1965
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Pacific Mercantile Bancorp operates as the holding company for Pacific Mercantile Bank that provides a range of commercial banking products and services to small and medium-size businesses, professional firms, and individuals in Southern California, the United States. The company's deposit products include checking accounts, interest-bearing term deposit accounts, savings and money market deposits, and time deposits. It also offers various loan products, such as commercial loans and credit lines, accounts receivable and inventory financing, small business administration guaranteed business loans, owner-occupied commercial real estate loans, working capital lines of credit and asset based lending, growth capital loans, equipment financing, letters of credit, and corporate credit cards. In addition, the company provides cash and treasury management solutions, automated clearinghouse payment and wire solutions, fraud protection services, remote deposit capture services, courier services, and online banking services; and letters of credit and import/export financing services. As of March 6, 2019, it operated seven locations in Orange, Los Angeles, San Diego, and San Bernardino counties, Southern California. The company was founded in 1998 and is based in Costa Mesa, California.

Corporate Governance

Pacific Mercantile Bancorp’s ISS Governance QualityScore as of April 1, 2019 is 3. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 1; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.