Company Information

  

Address: 949 SOUTH COAST DRIVE
THIRD FLOOR 
City: COSTA MESA 
State: CA 
Zip Code: 92626 
Telephone: 714-438-2500 

Description of Business

Primary SIC Code: 6021
(As filed with the SEC)  

Pacific Mercantile Bancorp is a California corporation that owns 100% of the stock of Pacific Mercantile Bank, a California state chartered commercial bank (which, for convenience, will sometimes be referred to in this report as the "Bank"). The capital stock of the Bank is our principal asset and substantially all of our business operations are conducted and substantially all of our assets are owned by the Bank which, as a result, accounts for substantially all of our revenues, expenses and income. As the owner of a commercial bank, Pacific Mercantile Bancorp is registered as a bank holding company under the Bank Holding Company Act of 1956, as amended (the "Bank Holding Company Act"), and, as such, our operations are regulated by the Board of Governors of the Federal Reserve System (the "Federal Reserve Board" or the "FRB") and the Federal Reserve Bank of San Francisco ("FRBSF") under delegated authority from the FRB.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20170.36NA25.42
03/2017-1.44NAN/E
12/2016-1.51NAN/E
06/2016-0.27NAN/E
03/2016-0.08NAN/E
09/2015-0.02NAN/E
06/2015-0.03NAN/E
03/2015-0.08NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.23Total Liab/Total Assets0.91
Net Inc/Total Assets-0.03Total Liab/Inv Cap0.92
Net Inc/Inv Cap-0.03Total Liab/Comm Equity7.00
Pretax Inc/Net Sales-0.41Interest Coverage Ratio-26.11
Net Inc/Net Sales-0.79Curr Debt/Equity0.15
Cash Flow/Net Sales0.10LTD/EquityNA
SG&A/NetSales0.83Total Debt/Equity0.15
Asset Utilization   Liquidity  
Net Receivables Turnover17.69Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E34.95  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 14.99 13.56 12.57 10.88
Cost of Goods Sold 1.85 1.57 1.38 1.31
Selling & Admin Exps 9.17 9.26 9.21 9.27
Operating Income NA NA NA NA
Interest Exp 0.18 0.17 0.16 0.16
Pretax Income 3.79 2.56 1.83 0.15
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 3.76 2.50 1.78 0.31

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 161.02 168.82 228.28 194.16
Receivables - Total 3.57 3.09 2.96 2.70
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 1.15 1.14 1.19 1.26
Total Assets 1,204.96 1,212.50 1,179.75 1,140.69
Liabilities        
Accounts Payable 0.27 0.22 0.20 0.20
Debt in Current Liabilities 15.00 15.00 0.00 15.00
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 1,094.70 1,106.45 1,076.90 1,040.97
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA 0.00
Common Stock 150.27 150.08 149.79 148.68
Retained Earnings -39.08 -42.84 -45.34 -47.12
Treasury Stock NA NA NA NA
Total Stockholders' Equity 110.26 106.05 102.85 99.72
Total Liabilities and Stockholders' Equity 1,204.96 1,212.50 1,179.75 1,140.69

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 4.14 2.80 0.90 2.07
Net Cash Provided by Investing Activities 0.06 -89.36 -3.74 -73.81
Net Cash Provided by Financing Activities -12.18 28.90 37.50 66.13

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201242.199.650.55
12/201336.84-22.22-0.88
12/201442.660.36-0.11
12/201541.4812.44--
12/201643.94-34.64-1.51
Growth Rates1.02----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/175411,34648.93




Report Date : 12/11/2017

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