Pacific mercantile bancorp (PMBC)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Cash and due from banks

16

17

19

17

11

13

16

15

14

12

15

14

17

16

15

11

17

10

12

20

19

9

10

14

18

13

15

15

15

12

11

11

12

10

11

10

7

Interest bearing deposits with financial institutions

375

202

191

247

246

174

159

220

170

186

92

101

155

122

128

119

160

103

164

112

118

167

154

90

146

93

35

73

141

115

126

49

159

86

157

66

25

Cash and cash equivalents

392

220

210

265

257

187

176

235

184

198

107

115

173

138

144

131

178

113

176

133

137

177

165

104

165

106

50

89

157

128

137

61

172

96

169

77

32

Interest-bearing time deposits with financial institutions

2

2

2

2

2

2

2

2

2

2

3

3

3

3

3

3

4

4

4

4

4

4

3

2

2

2

2

2

2

2

1

1

1

1

1

1

2

Federal Reserve Bank of San Francisco and Federal Home Loan Bank Stock, at cost

7

7

7

7

8

8

8

8

8

8

7

7

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

9

10

10

10

-

11

-

-

-

Securities available for sale, at fair value

27

28

24

-

-

31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans (net of allowances of $17,520 and $13,611, respectively)

1,130

1,117

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal Reserve Bank and Federal Home Loan Bank Stock, at cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

-

11

11

12

Securities available for sale, at fair value

-

-

-

28

29

-

29

29

30

39

41

41

42

43

46

49

51

52

54

56

58

60

60

62

64

65

66

69

75

86

52

99

44

147

75

134

178

Loans held for sale, held at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

10

21

5

151

143

70

66

38

20

12

Loans (net of allowances of $13,611 and $13,506, respectively)

-

-

1,153

1,077

1,062

1,083

1,070

1,049

1,050

1,053

1,027

1,027

936

931

855

872

828

849

816

821

827

824

806

793

766

765

735

717

703

719

680

693

675

641

671

701

722

Investment in unconsolidated subsidiaries

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Other real estate owned

0

0

0

0

0

1

1

2

2

0

-

-

-

-

0

0

0

0

1

1

1

1

3

16

15

12

15

17

17

17

30

34

36

37

23

25

33

Accrued interest receivable

4

4

4

4

4

4

4

4

3

3

3

3

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

3

Premises and equipment, net

1

1

1

0

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

0

1

1

1

0

0

0

0

Net deferred tax assets

9

8

7

8

10

10

11

11

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

20

17

17

5

6

5

5

6

6

7

7

-

-

-

11

-

-

-

-

-

-

-

Assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

9

12

-

-

-

54

-

-

-

-

-

-

-

Other assets

25

26

26

23

21

18

14

14

14

15

11

11

11

11

12

11

11

12

11

11

11

13

13

12

12

12

33

32

32

15

29

27

21

18

11

12

17

Assets

1,600

1,416

1,438

1,419

1,398

1,349

1,319

1,357

1,297

1,322

1,204

1,212

1,179

1,140

1,075

1,100

1,102

1,062

1,083

1,046

1,060

1,099

1,070

1,012

1,055

996

928

952

1,023

1,053

1,097

1,076

1,037

1,024

1,007

987

1,015

LIABILITIES AND SHAREHOLDERS’ EQUITY
Deposits:
Noninterest-bearing

494

397

425

378

364

340

336

343

335

338

320

343

329

332

284

294

271

249

262

236

237

237

206

193

196

203

197

188

183

170

187

170

166

164

152

149

144

Interest-bearing

801

802

787

821

817

795

780

824

778

801

734

722

722

668

665

642

663

644

664

635

648

678

675

625

652

576

499

560

632

675

692

686

701

697

693

692

672

Total deposits

1,296

1,199

1,213

1,199

1,181

1,136

1,117

1,167

1,114

1,139

1,054

1,066

1,052

1,001

950

936

934

893

927

871

885

916

882

819

849

780

697

748

815

845

880

857

868

862

845

842

816

Long-term Federal Home Loan Bank Advances

120

30

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings

-

-

40

40

40

40

40

30

40

40

15

15

0

15

0

10

10

10

10

30

30

39

44

-

-

70

-

-

-

-

-

-

-

-

-

-

-

Borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

47

60

-

75

45

45

55

60

69

54

49

58

53

112

Accrued interest payable

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

2

2

2

2

2

2

1

1

1

1

1

1

1

1

0

Other liabilities

18

19

19

15

16

14

8

9

8

11

7

6

6

6

6

5

5

6

6

6

5

6

6

5

7

8

7

8

9

10

14

11

9

7

6

5

5

Junior subordinated debentures

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

17

Liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

1

3

-

-

-

0

-

-

-

-

-

-

-

Total liabilities

1,452

1,267

1,290

1,273

1,256

1,207

1,183

1,225

1,181

1,209

1,094

1,106

1,076

1,040

974

969

967

928

961

925

939

980

953

894

938

881

799

821

889

931

974

956

950

937

929

919

952

Commitments and contingencies (Note 11 and Note 14)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Shareholders’ equity:
Series A Non-Voting Preferred Stock, no par value, 0 and 1,467,155 shares authorized at December 31, 2019 and December 31, 2018, respectively; 0 and 1,467,155 shares issued and outstanding at December 31, 2019 and December 31, 2018, respectively

-

-

0

0

8

8

8

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

12

-

Common stock, no par value, 85,000,000 shares of voting common stock and 2,000,000 shares of non-voting common stock authorized; 22,136,484 and 22,106,374 voting shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively; 1,467,155 non-voting shares issued and outstanding at March 31, 2020 and December 31, 2019

153

153

152

152

143

143

143

151

150

150

150

150

149

148

148

148

147

147

146

133

132

131

130

129

129

128

128

128

127

112

110

110

85

86

84

73

73

Accumulated deficit

-6

-3

-4

-6

-8

-9

-13

-17

-33

-36

-39

-42

-45

-47

-47

-16

-12

-12

-24

-23

-23

-22

-23

-22

-22

-22

-7

-5

-2

0

4

1

-4

-7

-13

-14

-17

Accumulated other comprehensive loss

-0

-0

-0

-0

-0

-1

-1

-1

-1

-1

-0

-1

-1

-1

-0

-0

-0

-0

-0

-0

-0

-0

-1

-1

-1

-2

-2

-2

-1

-0

-0

-0

-2

-2

-2

-3

-4

Total shareholders’ equity

147

149

148

145

142

141

136

132

116

112

110

106

102

99

100

131

135

133

121

121

120

119

117

117

116

115

129

130

134

122

123

119

87

86

78

68

63

Total liabilities and shareholders’ equity

1,600

1,416

1,438

1,419

1,398

1,349

1,319

1,357

1,297

1,322

1,204

1,212

1,179

1,140

1,075

1,100

1,102

1,062

1,083

1,046

1,060

1,099

1,070

1,012

1,055

996

928

952

1,023

1,053

1,097

1,076

1,037

1,024

1,007

987

1,015