PACIFIC MERCANTILE BANCORP Income Statement

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated statements of operations

In millions of USD; shares in millions, except per-share amounts

	FY2020 12 months to Dec 31, 2020	FY2019 12 months to Dec 31, 2019	FY2018 12 months to Dec 31, 2018	FY2017 12 months to Dec 31, 2017	FY2016 12 months to Dec 31, 2016
Interest income:
Loans, including fees
Securities available for sale and stock
Interest-bearing deposits with financial institutions
Total interest income
Interest expense:
Deposits
Borrowings
Total interest expense
Net interest income
Provision for loan and lease losses
Net interest income after provision for loan and lease losses
Noninterest income
Service fees on deposits and other banking services
Net gain on sale of securities available for sale
Net gain on sale of Small Business Administration loans
Net loss on sale of other assets
Other noninterest income
Total noninterest income
Noninterest expense
Salaries and employee benefits
Occupancy
Equipment and depreciation
Data processing
FDIC expense
Other real estate owned expense, net
Professional fees
Business development
Loan related expense
Insurance
Other operating expense
Total noninterest expense
Income before income taxes
Income tax provision (benefit)
Income from discontinued operations before income taxes
Income tax provision
Net income from discontinued operations
Net income allocable to common shareholders
Accumulated dividends on preferred stock
Dividend declared
Dividend undeclared
Total accumulated dividends on preferred stock

Dividends on preferred stock
Inducements for exchange of the preferred stock
Net income (loss) allocable to common shareholders
Basic income per common share:
Net (loss) income from continuing operations (in dollars per common share)
Net income (loss) allocable to common shareholders (in dollars per share)

Diluted income per common share:
Net (loss) income from continuing operations (in dollars per common share)
Net income (loss) allocable to common shareholders (in dollars per share)

Weighted average number of common shares outstanding:
Basic (in shares)
Diluted (in shares)

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