COSTA MESA, Calif., Dec. 10, 2013 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (Nasdaq:PMBC) today announced that Jill Fatál has joined Pacific Mercantile Bank (the "Bank", "PMB") as a Senior Vice President and Relationship Manager in the Bank's Commercial Banking Division. The Bank is the wholly owned subsidiary of Pacific Mercantile Bancorp. Ms. Fatál will be furthering the Bank's growth of its core deposit base throughout the Los Angeles and Orange County marketplace. "We are thrilled to have someone with Ms. Fatál's knowledge and broad banking background concentrate on growing our core deposits at PMB," stated Tom Vertin, President of Commercial Banking.
Ms. Fatál, a long time South Bay banking leader, has a career spanning four decades in commercial banking business development with a concentration in deposit gathering. She is well known in the banking community for her high standards of service to her clients, and her track record of forging long-term relationships with them.
Charity organizations and community groups have benefitted from her long history of involvement and she has been a dedicated leader or Board member for such non-profits as Rotary, YMCA, Chrysalis, Torrance Cultural Arts Foundation and the Los Angeles Philanthropic Committee for the Arts. Ms. Fatál is the recipient of numerous awards and Mayoral, Assembly, and Senatorial Citations for her diligent service.
Kittridge Chamberlain, Executive Vice President, Southern Division Manager stated, "I am delighted to be working with Jill. Her expertise, client focus and community involvement make her a welcome addition to the PMB commercial banking team."
About Pacific Mercantile Bancorp
Pacific Mercantile Bancorp, a publicly traded company with its shares listed on the Nasdaq Stock Market under the trading symbol, "PMBC", is the parent holding company of Pacific Mercantile Bank ("PMB"). PMB is an FDIC insured, California state-chartered bank and a member of the Federal Reserve System, which provides a wide range of commercial banking services to businesses, business professionals and individual clients through its combination of traditional banking financial centers and comprehensive, sophisticated electronic banking services. The Bank's major product lines include commercial and commercial real estate loans, entertainment industry loans, small business (SBA) loans, import-export loans, mortgage loans, asset based financing and cash management services. The Bank, which opened for business on March 1, 1999, had total assets exceeding $1 billion as of December 31, 2012. PMB operates a total of seven financial centers in Southern California, four in Orange County located in the cities of Newport Beach, Costa Mesa, La Habra and San Juan Capistrano, one in Los Angeles County in the city of Beverly Hills, one in San Diego County in the city of La Jolla and one in the Inland Empire in San Bernardino County, in the city of Ontario. In addition to the Bank's physical locations, it offers comprehensive banking services over its Internet Bank at www.pmbank.com.
CONTACT: Barbara Palermo, EVP & IR, 714-438-2500
Source:Pacific Mercantile Bank