Pacific Mercantile Bancorp (PMBC)

[56Chevy]

hey ekocnam...good to see you.

The skinny is PMBC by itself is not very impressive in it's current condition. So why follow it? PCBCD will need to grow as a bank and at a fairly agressive rate so I'm looking for possible acquisition candidates in the Californina/west coast area.

There are 19 troubled banks in California according to the FDIC. Only a few are large enough to possibly attract an aggressive "shopper" like PCBCD. PMBC isn't an ideal size ...it would be better if it were larger...but it does meet what some consider the minimum size.

So the answer is this is purely speculation on my part and opening this board was a way to track & record info. I haven't bought in just yet but want to study this further.