July 26, 2017 3:46 AM ET


Company Overview of Pacific Mercantile Bank

Company Overview

Pacific Mercantile Bank is a bank that provides a range of loan, deposit, and cash management products and services to small- and middle-market businesses in Southern California. The company provides a range of commercial banking services to businesses, business owners, and business professionals. Its business banking services include business checking accounts, money market and savings accounts, business savings accounts, and business debit cards; and personal banking services include personal checking accounts, personal savings accounts, personal certificates of deposit, personal money market accounts, individual retirement accounts, Visa debit cards/ATM cards, and online and mobile bankin...

949 South Coast Drive

3rd Floor

Costa Mesa, CA 92626

United States

Founded in 1999





Key Executives for Pacific Mercantile Bank

Chief Executive Officer, President and Director
Age: 64
CFO, Executive VP, CFO of Pacific Mercantile Bancorp and Executive VP of Pacific Mercantile Bancorp
Age: 56
President of The Bank's Mortgage Division
Age: 60
Chief Accounting Officer and Chief Accounting Officer of Pacific Mercantile Bancorp
Age: 66
Chief Technology Officer and Executive Vice President
Age: 47
Compensation as of Fiscal Year 2017.

Pacific Mercantile Bank Key Developments

MRI Interventions Selects Pacific Mercantile Bank as its Primary Banking Relationship

Pacific Mercantile Bank announced that it has been selected as the primary banking relationship for MRI Interventions Inc.  MRI Interventions has moved its full deposit relationship to Pacific Mercantile Bank and will utilize a full suite of the Bank’s depository products and cash management services. MRI Interventions’ ClearPoint® System, which has received 510(k) clearance and is CE marked, utilizes a hospital’s existing diagnostic or intraoperative MRI suite to enable a range of minimally invasive procedures in the brain.

Pacific Mercantile Bank Launches Solar and Renewable Energy Lending Group; Appoints Scott Reising to Lead Solar and Renewable Energy Lending Group

Pacific Mercantile Bank announced the launch of its Solar and Renewable Energy Lending Group, which will offer specialized financing to companies engaged in sustainable, renewable energy projects across the United States. The company also announced that the new lending group will be led by Scott Reising. Mr. Reising previously served as Senior Vice President and Group Head of the Renewable Resources Group at Bridge Bank. As Group Head of RRG, Mr. Reising built a national lending practice focused on developing project financings in the cleantech and renewable energy space. The RRG extended commitments of more than $400 million into the renewable energy market in commercial distributed generation projects, as well as residential portfolios and utility scale projects. Prior to joining Bridge Bank, Mr. Reising worked for a number of large European banks where he was involved in reviewing, analyzing or approving more than $20 billion in structured finance and project finance transactions in the renewable energy space, large infrastructure, and other water and energy transactions.

Robert E. Sjogren Resigns as Executive Vice President and Chief Operating Officer of Pacific Mercantile Bancorp and Pacific Mercantile Bank, Effective June 17, 2016

On June 3, 2016, Robert E. Sjogren notified Pacific Mercantile Bancorp of his resignation as executive vice president and chief operating officer of the company and its subsidiary, Pacific Mercantile Bank effective June 17, 2016.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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