Banc of California and Pacific Mercantile Bank received all required regulatory approvals for the merger of Pacific Mercantile into Banc of California. Subject to the satisfaction of the remaining closing conditions, the transaction is scheduled to close on or about Oct. 18. read more
OCT 4, 2021 - 9:55 am
Banc of California and Pacific Mercantile Bancorp, the holding company of Pacific Mercantile Bank, entered into a definitive agreement and plan of merger under which Pacific Mercantile will merge into Banc of California in an all-stock transaction valued at approximately $235 million. read more
MAR 23, 2021 - 7:15 am
Pacific Mercantile Bank launched a Solar and Renewable Energy Lending group. The new group will be led by Scott Reising, who previously served as SVP and group head of Renewable Resources at Bridge Bank. read more
SEP 12, 2016 - 6:44 am