PACIFIC MERCANTILE BANCORP (NASDAQ:PMBC) Files An 8-K Results of Operations and Financial Condition
Item 2.02
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Results of Operations and Financial Condition
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holding company of Pacific Mercantile Bank (the Bank), a wholly
owned banking subsidiary, and PM Asset Resolution, Inc. (“PMAR”),
a wholly owned non-bank subsidiary, announced that Tom Vertin,
President Chief Executive Officer, Thomas Inserra, Executive Vice
President Chief Risk Officer, and Curt Christianssen, Executive
Vice President Chief Financial Officer, will be presenting to or
conducting one-on-one meetings with investors, analysts or other
third parties about the Company and its latest financial results
at the D.A. Davidson 19th>Annual FIG Summit
Financial Institutions Conference on May 10, 2017 in Denver. A
copy of the presentation slides, updated with the Companys
financial results for the quarter ended March 31, 2017,
substantially in the form expected to be used in such
presentations and meetings, is attached hereto as Exhibit 99.1
and is incorporated herein by reference. The information
contained in this report and in the exhibit hereto is intended to
be furnished and shall not be deemed to be filed for purposes of
Section 18 of the Securities and Exchange Act of 1934, as
amended, or otherwise subject to the liabilities of this section.
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Item 9.01
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Financial Statements and Exhibits
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2.02 above.
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Exhibit
No.
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Description of Exhibit
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99.1
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First Quarter 2017 Investor Presentation
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99.2
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Press release on May 5, 2017 announcing participation
in upcoming investor conferences |
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About PACIFIC MERCANTILE BANCORP (NASDAQ:PMBC)
Pacific Mercantile Bancorp is the holding company for Pacific Mercantile Bank (the Bank). The Company’s business operations are conducted by the Bank. It operates through commercial banking segment. The Bank offers its customers 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 investments primarily include securities available for sale, which consist of residential mortgage backed securities issued by the United States agencies; residential collateralized mortgage obligations issued by non agencies; asset backed security and mutual funds. Its sources of funds include deposits, and borrowings and contractual obligations. Its deposits consist of noninterest bearing demand deposits, interest-bearing checking accounts, money market and savings deposits, and time deposits. PACIFIC MERCANTILE BANCORP (NASDAQ:PMBC) Recent Trading Information
PACIFIC MERCANTILE BANCORP (NASDAQ:PMBC) closed its last trading session up +0.20 at 7.95 with 194,990 shares trading hands.
