Replies to post #3 on 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.

[56Chevy]

P.s. If you follow PCBCD's story this may make more sense. I borrowed a post from that board from a friend. His insights have been uncanny ;)

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Enterprising Investor Monday, December 27, 2010 10:04:09 PM
Re: nodice99 post# 561 Post # of 585

PCBC is not merely a bank.

It should be also viewed as an "investment vehicle". Ford, Webb & Co. are going to use PCBC to roll up community banks.

[56Chevy]

P.s.s....Another bank that fits the acquisition ticket even better than PMBC is FCAL. Both have potential.