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Pacific Mercantile Bancorp

Of course! Pacific Mercantile Bancorp is a public company that trades on the OTCQX under the ticker symbol "PMBC." The Pacific Mercantile Bancorp is a bank holding company that was incorporated in 1998. It is the parent company of Pacific Mercantile Bank, which was founded in 1941. The company's principal business is providing a wide range of banking services to individual and corporate customers in Southern California.

As of December 31, 2021, Pacific Mercantile Bancorp had total assets of $1.93 billion. Its deposits totaled $1.56 billion, and its loans totaled $1.46 billion. The company's net income for the year ended December 31, 2021, was $7.9 million.

Pacific Mercantile Bancorp is a small-cap company with a market capitalization of around $246 million as of March 11, 2023. Over the past year, the company's stock price has ranged from $14.01 to $23.65. The company's stock has been paying dividends to its shareholders and has a dividend yield of 2.61%.

Pacific Mercantile Bancorp is a community bank that focuses on serving small and medium-sized businesses and their owners, professionals, and individual clients in Southern California. It provides various deposit products, such as checking, savings, and money market accounts, as well as certificates of deposit. Additionally, it offers commercial and industrial loans, commercial real estate loans, multifamily real estate loans, construction loans, residential real estate loans, and consumer loans. The company provides credit cards, debit cards, and online banking services, as well as mobile banking services.

In summary, Pacific Mercantile Bancorp is a bank holding company that provides a range of banking products and services to customers in Southern California. It has been in business since 1941 and trades on the OTCQX under the ticker symbol "PMBC." The information in this answer is not investment advice. As always, please do your own research before making any investment decisions.

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