The Penny Stocks to Watch

COSTA MESA, Calif., Nov. 15, 2011 (GLOBE NEWSWIRE) — Pacific Mercantile Bancorp (Nasdaq: PMBC), the parent holding company of Pacific Mercantile Bank, an FDIC insured, California state-chartered commercial bank, will be hosting a conference call to discuss its financial results as of and for the quarter ended September 30, 2011 on Wednesday, November 30, 2011, at 4:30 P.M. Eastern/1:30 P.M. Pacific. Interested parties may participate in the conference call by dialing 1-877-317-6789 (USA toll Free,), 1-412-317-6759 (International Toll) and 1-866-605-3852 (Canada Toll Free), five to ten minutes prior to the initiation of the conference call. A replay of the conference call will be available one (1) hour after the end of the conference through January 3, 2012, 9:00 AM EST (and will be archived for 30 days on the Pacific Mercantile Bank website, http://www.pmbank.com, under Investor Relations: Earnings Conference Calls). To access the teleconference replay, please call 1-877-344-7529 (U.S. Toll Free) and 1-412-317-0088 (International and Canada Toll). The conference number for accessing the replay is 10006993.

About Pacific Mercantile Bancorp

Pacific Mercantile Bancorp is the parent holding company of Pacific Mercantile Bank, which opened for business March 1, 1999. The Bank, which is an FDIC insured, California state-chartered bank and a member of the Federal Reserve System, 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 operates a total of seven financial centers in Southern California, four in Orange County and one each in Los Angeles and San Diego Counties, and another in the Inland Empire in San Bernardino County. The four Orange County financial centers are located, respectively, in the cities of Newport Beach, Costa Mesa (which is visible from the 405 and 73 Freeways), La Habra and San Juan Capistrano (which is our South County financial center that is visible from the Interstate 5 Freeway). Our Los Angeles County financial center is located in the city of Beverly Hills. Our San Diego financial center is located in La Jolla and our Inland Empire financial center is located in the city of Ontario (visible from the Interstate 10 Freeway). In addition, the Bank offers comprehensive banking services over its Internet Bank, which is accessible 24/7 worldwide at www.pmbank.com.

CONTACT: Nancy Gray, SEVP & CFO, 714-438-2500
         Barbara Palermo, EVP & IR, 714-438-2500