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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:  
        Interest income on loans  55.158.258.760.059.358.659.359.0
        Interest income on investments  1.11.00.91.01.01.01.11.2
       56.559.560.662.663.464.365.765.8
    Interest expense:  
        Interest on deposits  4.15.47.59.711.813.614.314.3
       4.96.38.611.113.315.316.116.2
Net interest income  51.653.252.051.650.149.049.649.6
Provision for loan losses      14.912.19.25.4
Net interest income after provision for loan losses  51.650.442.938.835.236.940.444.2
        Gain on sale of investments, net  0.50.1      
        Other non-interest income  8.16.86.35.95.05.25.65.5
Total non-interest income  8.77.06.35.95.05.25.65.5
Non-interest expenses  37.136.836.937.738.138.938.237.5
Pre-tax income before non-recurring items  24.221.012.46.92.03.27.812.2
Non-recurring items  1.00.4      
Pre-tax income  23.320.612.46.92.03.27.812.2
Income taxes  7.26.54.11.90.40.82.12.6
            Tax rate  30.9%31.6%32.9%27.0%19.8%24.0% 21.5%
Net income  0.00.00.00.00.00.00.95.2
            Net margin  0.0%0.0%0.0%0.0%0.0%0.0%1.9%10.5%
   
Basic EPS  $0.00$0.00$0.00$0.00$0.00$0.00$0.16$0.47
Diluted EPS  $0.00$0.00$0.00$0.00$0.00$0.00$0.15$0.45
   
Shares outstanding (basic)  0.00.00.00.00.00.05.511.2
Shares outstanding (diluted)  0.00.00.00.00.00.05.911.8
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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