Pacific Mercantile Bank (“PMB”) is a wholly owned subsidiary of its parent holding company, Pacific Mercantile Bancorp, a publicly traded company with its shares listed on the Nasdaq Stock Market under the trading symbol, “PMBC”. The Bank is an FDIC insured, California state-chartered bank and a member of the Federal Reserve System.
PMB, as one of the largest community commercial banks headquartered in Orange County, provides a wide range of commercial banking services to businesses, business professionals and individual clients through its combination of innovative banking financial centers and comprehensive electronic banking services. The Bank’s major product lines include commercial loans, commercial real estate loans, entertainment industry loans, small business (SBA 7a and 504) loans, SBA contract financing, export-import loans, asset based financing, as well as a variety of deposit products, and treasury and cash management services.
The Bank also takes pride in being recognized as a premier mortgage lender offering a wide variety of mortgage loan products. Mortgage loan options include purchase and refinance solutions: jumbo loans to $2,000,000, conventional, FHA and VA fixed and adjustable rate products, first time homebuyer and down payment assistance programs, just to name a few.
The Bank, which opened for business on March 1, 1999, had total assets exceeding $1 billion as of December 31, 2012. PMB operates a total of seven financial centers in Southern California, four in Orange County located in the cities of Newport Beach, Costa Mesa, La Habra and San Juan Capistrano, one in Los Angeles County in the city of Beverly Hills, one in San Diego County in the city of La Jolla and one in the Inland Empire in San Bernardino County, in the city of Ontario. In addition to the Bank's physical locations, it offers comprehensive business and individual banking services over its Internet Bank at www.pmbank.com.