September 07, 2010

Written agreement with Pacific Mercantile Bancorp and Pacific Mercantile Bank

For immediate release

The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and among Pacific Mercantile Bancorp, Costa Mesa, California, a registered bank holding company, and its subsidiary bank, Pacific Mercantile Bank, Costa Mesa, California, a state-chartered member bank, and the Federal Reserve Bank of San Francisco.

A copy of the Written Agreement is attached.

Last Update: September 07, 2010