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Webull provides the latest Pac Mercantile (PMBC) stock and general news. This information may help you make smarter investment decisions.
About PMBC
Pacific Mercantile Bancorp is the holding company. The Company operates through its wholly owned subsidiary, Pacific Mercantile Bank (the Bank), which is a state-chartered commercial bank. It operates through the commercial banking segment. The Bank offers its customers a range of different loan products, including commercial loans and credit lines, accounts receivable and inventory financing, small business administration (SBA) guaranteed business loans, and owner-occupied commercial real estate loans. Its deposits consist of noninterest bearing demand deposits, interest-bearing checking accounts, money market and savings deposits, and time deposits. The Company’s subsidiaries also include PMB Statutory Trust III, PMB Capital Trust III and PM Asset Resolution, Inc.