| Pacific Mercantile Bancorp | |
| Traded As: | NASDAQ: |
| Industry: | Banking |
| Fate: | Acquired by Banc of California |
| Location: | Costa Mesa, California |
| Net Income: | $5 million (2019) |
| Assets: | $1.416 billion (2019) |
| Equity: | $149 million (2019) |
| Num Employees: | 160 (2019) |
| Footnotes: | [1] |
Pacific Mercantile Bancorp was a bank holding company based in Costa Mesa, California.
In March 1999, the bank opened its first branch.[1]
In September 2003, the bank opened a branch in La Habra, California.[2]
In 2000, the company became a public company via an initial public offering.[3]
In October 2004, the bank opened a branch in Long Beach, California.[4] [5]
In 2005, the company exited the wholesale mortgage business.[6]
In April 2013, Raymond E. Dellerba, the founding chairman and chief executive officer, retired.[7]
In June 2016, the company was added to the Russell 3000 Index.[8]
In October 2021, the company was acquired by Banc of California and delisted from the Nasdaq.[9]