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PacMerc Joins Index

Costa Mesa-based Pacific Mercantile Bancorp will join the Russell 3000 Index after the market opens on June 27.

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Pac Merc Earned $12.1M in Q4

Costa Mesa-based Pacific Mercantile Bancorp reported profits of $12.1 million, or $0.53 per share in its most recent quarter, up from $287,000 in the same period last year.

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Pac Merc Restructures SBA Group, Reports Q1 Loss

Costa Mesa-based Pacific Mercantile Bancorp Inc. swung to a loss in the first quarter, affected by a one-time cost related to a “strategic realignment” of its Small Business Administration lending group.

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Pac Merc Swings to Profit

Costa Mesa-based Pacific Mercantile Bancorp swung to a profit in the fourth quarter, logging $390,000 in net income compared with a loss of $14.8 million in the year-earlier period.

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Pac Merc Names COO

Costa Mesa-based Pacific Mercantile Bancorp has promoted Robert Sjogren to chief operating officer, a position that had been vacant for some time.

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Pac Merc Swings to Profit

Costa Mesa-based Pacific Mercantile Bancorp swung to a profit in the first quarter, netting $155,000 versus a loss of $3.5 million in the same quarter last year.

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Pac Merc Gets New CCO

Costa Mesa-based Pacific Mercantile Bancorp has named Robert Stevens chief credit officer of the company and its Pacific Mercantile Bank subsidiary.

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Pac Merc Gets New CCO

Costa Mesa-based Pacific Mercantile Bancorp has named Robert Stevens chief credit officer of the company and its Pacific Mercantile Bank subsidiary.

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Pac Merc Adds Silicon Valley Vet

Costa Mesa-based Pacific Mercantile Bancorp has named former Silicon Valley Bank executive Tom Wagner as manager of the northern division of its Pacific Mercantile Bank subsidiary.

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Pac Merc Adds Silicon Valley Vet

Costa Mesa-based Pacific Mercantile Bancorp has named former Silicon Valley Bank executive Tom Wagner as manager of the northern division of its Pacific Mercantile Bank subsidiary.

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Q3 Loss, Improved Asset Quality for Pac Merc

Pacific Mercantile Bancorp incurred a loss in the third quarter driven largely by a drop in mortgage banking income.

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