Pacific Mercantile Bancorp (PMBC) 2010年年度报告「NASDAQ」.pdf

1、T H E F U T U R E O F B A N K I N GANNUAL REPORT AND 10K20103257 East Guasti Rd.Suite 110 Ontario,CA 91761909-937-72609720 Wilshire Blvd.Suite 100 Beverly Hills,CA 90212310-860-30001530 W.Whittier Blvd.Suite B La Habra,CA 90631562-690-710031601 Avenida Los Cerritos Suite 100 S.J.Capistrano,CA 926759

2、49-487-4200949 South Coast Dr.Third Floor Costa Mesa,CA 92626714-438-2500CORPORATE HEADQUARTERS450 Newport Center Dr.Suite 100 Newport Beach,CA 92660949-467-22004225 Executive Square Suite 150 La Jolla,CA 92037858-320-8400949 South Coast Dr.Suite 105 Costa Mesa,CA 92626714-438-2600LOS ANGELES COUNTY

3、 INLAND EMPIRE ORANGE COUNTY SAN DIEGO COUNTY The BANK with the Strength to Lend is the SOLID solution for all your banking and mortgage needsWWW.PMBANK.COM877-450-BANK(877-450-2265)NASDAQ PMBCMessage?from?the?President:?Pacific?Mercantile?Bank?continues?to?adapt?to?and?is?making?progress?in?overcom

4、ing?the?challenging?macroeconomic?issues?that?have?plagued?the?U.S.?economy?and?financial?markets?since?mid?2008.?The?collapse?in?the?credit?markets?that?was?exacerbated?by?a?worsening?global?recession?is?finally?giving?way?to?improvement?in?the?economy?and?in?the?banking?industry.?The?decline?in?in

5、terest?rates?as?enacted?and?maintained?by?the?Federal?Reserve?has?had?the?intended?effect?of?stemming?economic?distress?in?the?market,?and?it?has?also?led?to?improved?net?interest?margins?across?the?banking?sector?at?our?Bank.?Indeed,?the?signs?of?recovery?continue?to?materialize,?with?the?economy?p

6、osting?positive?GDP?growth?through?the?last?three?quarters?of?2010?and?the?first?quarter?of?2011.?It?is?apparent?at?this?stage?that?monetary?policy?is?having?a?positive?albeit?gradual?effect?on?the?economy?and?the?banking?sector.?At?the?regional?level,?we?are?seeing?improved?operations?among?our?bus