Tuesday, January 04, 2011 5:47:06 PM
Why?
1) It ranks 632 of the top 675 troubled banks in the US as of 11/24/2010 with a below Effective Tier 1 Leverage Ratio that the FDIC likes to see (8 or above). 2) It's located in Southern California. Healthy regional banks will want to acquire semi-troubled banks like this. 3) The FDIC may assist in helping someone else acquire it. Again this is only my opinion.
Name Pacific Mercantile Bank (PMBC)
City Costa Mesa
State CA
Total Assets (000s) $1,146,319
NPA/ Assets 5.70
Equity/ Assets 7.11
Tier 1 Leverage Ratio 7.09
Tier 1 Risk-based Ratio 9.80
Total Risk-based Ratio 11.07
Texas Ratio 62.33
Effective Equity/ Assets 5.77
Effective Tier 1 Leverage Ratio 5.77
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM