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PACIFIC MERCANTILE BANCORP (PMBC)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-21Mar-31-21Dec-31-20Sep-30-20Jun-30-20Mar-31-20Dec-31-19Sep-30-19
   10-Q10-Q10-K/A10-Q10-Q10-Q10-K/A10-Q
Interest income:          
Loans, including fees  12.213.313.915.715.313.815.215.0
Securities available for sale and stock  0.30.30.20.20.20.30.30.3
Interest-bearing deposits with financial institutions  0.10.10.10.10.10.70.81.5
    Total interest income  12.513.714.216.015.614.816.316.8
   
Interest expense:          
Deposits  0.70.81.11.52.03.03.33.6
Borrowings  0.10.10.20.20.30.30.50.4
    Total interest expense  0.81.01.31.82.33.33.74.0
    Net interest income  11.712.712.914.313.311.512.512.7
Provision for loan and lease losses      2.96.23.82.1
    Net interest income after provision for loan and lease losses  11.712.712.914.310.55.38.810.6
   
Noninterest income          
Service fees on deposits and other banking services  0.80.81.10.90.60.50.50.5
Net gain on sale of securities available for sale  0.40.1      
Net gain on sale of loans  0.9 0.00.5  0.20.3
Net loss on sale of other assets  0.0   -0.1   
Other noninterest income  0.80.80.60.90.60.60.70.6
    Total noninterest income  2.91.71.82.21.21.11.41.3
   
Noninterest expense          
Salaries and employee benefits  5.55.75.35.65.56.16.26.1
Occupancy  0.80.70.70.70.70.70.60.6
Equipment and depreciation  0.50.50.50.60.50.50.50.5
Data processing  0.50.60.60.70.60.60.60.6
FDIC expense  0.10.3  0.20.2  
Professional fees  0.70.90.70.70.70.90.91.1
Merger related expenses  0.60.4      
Business development  0.10.10.20.10.10.20.20.2
Loan related expense  0.00.20.20.10.20.10.20.1
Insurance  0.10.10.10.10.10.10.10.1
Other operating expense  0.40.40.40.40.40.50.50.5
    Total noninterest expense  9.29.78.99.38.99.79.89.7
    Income (loss) before income taxes  5.44.85.87.22.7-3.40.42.3
Income tax expense (benefit)  1.51.42.12.10.8-1.0-0.10.7
            Tax rate  27.5%29.6%36.6%29.6%29.6%29.6% 28.8%
    Net income (loss) allocable to common shareholders  3.93.43.75.11.9-2.40.41.6
   
Basic income per common share:          
Net income (loss) allocable to common shareholders (in dollars per share)  $0.16$0.14$0.15$0.21$0.08($0.10)$0.02$0.07
   
Diluted income per common share:          
Net income (loss) allocable to common shareholders (in dollars per share)  $0.16$0.14$0.15$0.21$0.08($0.10)$0.02$0.07
   
Weighted average number of common shares outstanding:          
Basic (in shares)  0.00.00.00.00.00.00.00.0
Diluted (in shares)  0.00.00.00.00.00.00.00.0

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