Pacific Mercantile Bancorp (PMBC) Financial Statements (2023 and Earlier)

Company Profile

Business Address 949 SOUTH COAST DRIVE
COSTA MESA, CA 92626
State of Incorp. CA
Fiscal Year End December 31
Industry (SIC) 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments286220188198139114
Cash and cash equivalents286220188198139114
Total current assets:286220188198139114
Noncurrent Assets
Operating lease, right-of-use asset10 
Property, plant and equipment111111
Long-term investments and receivables   11 
Long-term investments   11 
Intangible assets, net (including goodwill)0     
Intangible assets, net (excluding goodwill)0     
Deferred income tax assets98
Total noncurrent assets:20101221
Other undisclosed assets1,2821,1861,1611,1221,000947
TOTAL ASSETS:1,5881,4161,3491,3231,1411,062
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities000000
Employee-related liabilities000000
Debt103040411510
Total current liabilities:103040411510
Noncurrent Liabilities
Liabilities, other than long-term debt122222
Liability, pension and other postretirement and postemployment benefits122222
Total noncurrent liabilities:122222
Other undisclosed liabilities1,4171,2351,1661,1671,023916
Total liabilities:1,4291,2671,2081,2101,041928
Stockholders' equity
Stockholders' equity attributable to parent159149141113100134
Preferred stock  8   
Common stock154154143151149147
Accumulated other comprehensive loss(0)(1)(1)(1)(2)(1)
Retained earnings (accumulated deficit)4(4)(9)(37)(47)(12)
Total stockholders' equity:159149141113100134
TOTAL LIABILITIES AND EQUITY:1,5881,4161,3491,3231,1411,062

Income Statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues606661524038
Net investment income606561503937
Cost of revenue(9)(9)(0)(0)(20)(0)
Provision for loan, lease, and other losses(9)(9)(0)
Financial services costs(0)(20)(0)
Gross profit:515661512038
Operating expenses(10)(10)(9)(33)(32)(30)
Other operating income, net
(Noninterest Income, Other Operating Income)
333322
Operating income (loss):44495622(9)10
Nonoperating income (expense)
(Investment Income, Nonoperating)
0 0(0)  
Interest and debt expense(9)(16)(14)(8)(5)(5)
Other undisclosed loss from continuing operations before equity method investments, income taxes(23)(25)(25)(3)(3)(4)
Income (loss) from continuing operations before income taxes:1281710(18)1
Income tax expense (benefit)(4)(2)110(17)12
Net income (loss) attributable to parent:862710(35)12
Preferred stock dividends and other adjustments     (1)
Undistributed earnings (loss) allocated to participating securities, basic(0)(0)(1) 
Net income (loss) available to common stockholders, diluted:862710(35)11

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):862710(35)12
Other comprehensive income (loss)01(0)1(1)(0)
Comprehensive income (loss), net of tax, attributable to parent:962711(36)12

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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