Pacific Mercantile Bancorp

Santa Cruz County Bank Hires Chief Risk Officer Maxwell Sinclair

Retrieved on: 
Tuesday, May 3, 2022

SANTA CRUZ, Calif., May 3, 2022 /PRNewswire/ -- Santa Cruz County Bank (OTCQX: SCZC), today announced Maxwell Sinclair has joined the Bank as Executive Vice President and Chief Risk Officer.

Key Points: 
  • SANTA CRUZ, Calif., May 3, 2022 /PRNewswire/ -- Santa Cruz County Bank (OTCQX: SCZC), today announced Maxwell Sinclair has joined the Bank as Executive Vice President and Chief Risk Officer.
  • Santa Cruz County Bank is distinguished from "big banks" by its relationship-based service, problem-solving focus and direct access to decision makers.
  • True to its community roots, Santa Cruz County Bank has supported regional well-being by actively participating in and donating to local not-for-profit organizations.
  • Santa Cruz County Bank stock is publicly traded on the OTCQX U.S. Premier marketplace under the symbol SCZC.

Banc of California Hires Guillaume de Chalendar as SVP, Head of Media & Entertainment

Retrieved on: 
Monday, January 24, 2022

Banc of California, Inc. (NYSE: BANC) today announced that its wholly-owned subsidiary, Banc of California, N.A., Californias leading relationship-focused business bank, has hired Guillaume de Chalendar in the new position of SVP, Head of Media & Entertainment.

Key Points: 
  • Banc of California, Inc. (NYSE: BANC) today announced that its wholly-owned subsidiary, Banc of California, N.A., Californias leading relationship-focused business bank, has hired Guillaume de Chalendar in the new position of SVP, Head of Media & Entertainment.
  • Guillaume brings deep experience in significant areas of focus and growth for Banc of California.
  • He joins a talented team that continues to build Banc of Californias reputation as the go to bank in Media & Entertainment.
  • de Chalendar spent over nine years at Bank Leumi where he was Global Head of Media & Entertainment.

Banc of California Announces Schedule of Fourth Quarter 2021 Earnings Release and Conference Call

Retrieved on: 
Tuesday, January 4, 2022

Banc of California, Inc. (NYSE: BANC) today announced it will release financial results for the fourth quarter and fiscal year ended December 31, 2021 on Tuesday, January 25, 2022.

Key Points: 
  • Banc of California, Inc. (NYSE: BANC) today announced it will release financial results for the fourth quarter and fiscal year ended December 31, 2021 on Tuesday, January 25, 2022.
  • The Company will host a conference call to discuss these financial results at 10:00 a.m. Pacific Time (PT) on the same day.
  • Interested parties are welcome to attend the conference call by dialing (888) 317-6003 and referencing event code 7050527.
  • Banc of California, Inc. (NYSE: BANC) is a bank holding company with $8.3 billion in assets at September 30, 2021 and one wholly-owned banking subsidiary, Banc of California, N.A.

Banc of California Announces the Completion of its Acquisition of Pacific Mercantile Bancorp

Retrieved on: 
Monday, October 18, 2021

Banc of California, Inc. (NYSE: BANC) (the Company or Banc of California), the holding company of Banc of California, N.A.

Key Points: 
  • Banc of California, Inc. (NYSE: BANC) (the Company or Banc of California), the holding company of Banc of California, N.A.
  • (the Bank), announced today the completion of its acquisition of Pacific Mercantile Bancorp (NASDAQ: PMBC) (Pacific Mercantile) effective as of October 18, 2021.
  • Moreover, we are excited to welcome Pacific Mercantiles clients and team of highly experienced bankers into our Banc of California family.
  • Banc of California, Inc. (NYSE: BANC) is a bank holding company with one wholly-owned banking subsidiary, Banc of California, N.A.

Banc of California and Pacific Mercantile Bancorp Announce Receipt of Final Regulatory Approval

Retrieved on: 
Friday, October 1, 2021

Banc of California, Inc. (NYSE: BANC) (the Company) and Pacific Mercantile Bancorp (NASDAQ: PMBC) (Pacific Mercantile) today announced that all required regulatory approvals for the mergers of Pacific Mercantile into the Company and Pacific Mercantile Bank into Banc of California, N.A.

Key Points: 
  • Banc of California, Inc. (NYSE: BANC) (the Company) and Pacific Mercantile Bancorp (NASDAQ: PMBC) (Pacific Mercantile) today announced that all required regulatory approvals for the mergers of Pacific Mercantile into the Company and Pacific Mercantile Bank into Banc of California, N.A.
  • Banc of California, Inc. (NYSE: BANC) is a bank holding company with approximately $8.0 billion in assets and one wholly-owned banking subsidiary, Banc of California, N.A.
  • Through our dedicated professionals, we provide customized and innovative banking and lending solutions to businesses, entrepreneurs and individuals throughout California.
  • Pacific Mercantile Bancorp (Nasdaq: PMBC) is the parent holding company of Pacific Mercantile Bank, which opened for business March 1, 1999.

BHI Appoints James Lee As SVP, Head Of California C&I And Kevin Kim As FVP, Relationship Manager

Retrieved on: 
Tuesday, September 14, 2021

James (Jimmy) Lee has been appointed Senior Vice President and Head of California Commercial & Industrial, overseeing the bank's California C&I team providing financial solutions to West Coast C&I clients.

Key Points: 
  • James (Jimmy) Lee has been appointed Senior Vice President and Head of California Commercial & Industrial, overseeing the bank's California C&I team providing financial solutions to West Coast C&I clients.
  • Kevin Kim has been appointed First Vice President and Relationship Manager for the California C&I team.
  • The West Coast is an extremely important market for BHI and we are strengthening our operations with Jimmy's appointment to lead California C&I.
  • Mr. Lee brings to BHI more than 17 years of experience in commercial banking and sponsor finance.

Pacific Mercantile Bank Provides $7.5 Million Line of Credit to Mason-West LLC

Retrieved on: 
Tuesday, June 8, 2021

Along with the financing, Mason West utilizes a full suite of Pacific Mercantile Banks treasury management products and services.

Key Points: 
  • Along with the financing, Mason West utilizes a full suite of Pacific Mercantile Banks treasury management products and services.
  • We also appreciated the strategic and financial insight that Pacific Mercantile provided through their Horizon Analytics tool, which no other community bank could offer.
  • Pacific Mercantile Bancorp (NASDAQ: PMBC) is the parent holding company of Pacific Mercantile Bank, which opened for business March1, 1999.
  • Horizon Analytics is Pacific Mercantile Banks proprietary financial tool that provides a level of insight and analysis uncommon for middle-market private businesses.

Pacific Mercantile Bank Provides Revolving Line of Credit to Quality Candy Company, LLC

Retrieved on: 
Tuesday, May 18, 2021

b'COSTA MESA, Calif., May 18, 2021 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (\xe2\x80\x9cthe Bank\xe2\x80\x9d), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a revolving line of credit to Quality Candy Company, LLC (\xe2\x80\x9cQuality Candy\xe2\x80\x9d), a manufacturer and distributor of high quality hard candy and soft sugar candy.

Key Points: 
  • b'COSTA MESA, Calif., May 18, 2021 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (\xe2\x80\x9cthe Bank\xe2\x80\x9d), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a revolving line of credit to Quality Candy Company, LLC (\xe2\x80\x9cQuality Candy\xe2\x80\x9d), a manufacturer and distributor of high quality hard candy and soft sugar candy.
  • Combined, the two brands make Quality Candy the leading manufacturer of stick candy in North America.
  • Quality Candy also provides contract manufacturing services to leading marketers of both mass and niche product lines.\n\xe2\x80\x9cFor years we worked with a large national bank, but had become increasingly dissatisfied with the level of service and responsiveness as our financing needs evolved,\xe2\x80\x9d said Laurie Redmond, President & CEO of Quality Candy.
  • The valuable insight that Pacific Mercantile provided through their Horizon Analytics\xc2\xae tool was also a key differentiator from the other banks we considered.

PACIFIC MERCANTILE BANCORP INVESTIGATION ALERT: Wolf Haldenstein Adler Freeman & Herz LLP is investigating the acquisition of Pacific Mercantile Bancorp by the Banc of California, Inc.

Retrieved on: 
Tuesday, March 23, 2021

NEW YORK and SAN DIEGO, March 23, 2021 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating Pacific Mercantile Bancorp (Pacific Mercantile) (NASDAQ GS: PMBC) regarding possible breaches of fiduciary duties and other violations of law related to Pacific Mercantiles agreement to be acquired by Banc of California, Inc. (Banc of California) (NYSE: BANC).

Key Points: 
  • NEW YORK and SAN DIEGO, March 23, 2021 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating Pacific Mercantile Bancorp (Pacific Mercantile) (NASDAQ GS: PMBC) regarding possible breaches of fiduciary duties and other violations of law related to Pacific Mercantiles agreement to be acquired by Banc of California, Inc. (Banc of California) (NYSE: BANC).
  • Under the terms of the agreement, Pacific Mercantiles shareholders will receive 0.50 shares of Banc of California per share.
  • If you currently hold shares ofPacific Mercantile please call Gregory Stone at (800) 575-0735 or (212) 545-4774, or email to [email protected] .
  • Wolf Haldenstein Adler Freeman & Herz LLP has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Pacific Mercantile Bancorp Merger

Retrieved on: 
Tuesday, March 23, 2021

announces that it is investigating Pacific Mercantile Bancorp (Pacific Mercantile) (NASDAQ GS: PMBC ) regarding possible breaches of fiduciary duties and other violations of law related to Pacific Mercantiles agreement to be acquired by Banc of California, Inc. (Banc of California) (NYSE: BANC ).

Key Points: 
  • announces that it is investigating Pacific Mercantile Bancorp (Pacific Mercantile) (NASDAQ GS: PMBC ) regarding possible breaches of fiduciary duties and other violations of law related to Pacific Mercantiles agreement to be acquired by Banc of California, Inc. (Banc of California) (NYSE: BANC ).
  • Under the terms of the agreement, Pacific Mercantiles shareholders will receive 0.50 shares of Banc of California per share.
  • To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-pacific-mercantile-bancorp .
  • You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected] .