The Orange County Register Names Pacific Mercantile Bank a Winner of the Orange County Top Workplaces 2019 Award

COSTA MESA, Calif., Dec. 20, 2019 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has been awarded a Top Workplaces 2019 honor by The Orange County Register. The list is based solely on employee feedback gathered through a third-party survey administered by research partner Energage, LLC, a leading provider of technology-based employee engagement tools. The anonymous survey measures several aspects of workplace culture, including alignment, execution, and connection, just to name a few.

“We are very pleased to be recognized as a Top Workplace in Orange County for the second consecutive year,” said Brad R. Dinsmore, President & CEO of Pacific Mercantile Bank. “This award reflects our commitment to creating a positive work environment that fosters collaboration and ethical behavior, while rewarding accomplishment and creating a pathway for career advancement. By giving our employees a healthy and supportive environment, they can focus on delivering on our Purpose of helping companies succeed. We do this by listening to our clients to understand their unique circumstances and providing advice utilizing our industry leading tool, Horizon Analytics. We believe that the culture at Pacific Mercantile Bank is a key factor in driving success for our clients, our employees, and our franchise.”

“The Top Workplaces award is about much more than recognition and celebration,” said Eric Rubino, CEO of Energage. “Our research also shows that these organizations achieve higher referral rates, lower employee turnover, and double the employee engagement levels. It just goes to show that being intentional about culture delivers bottom-line results.”

About Pacific Mercantile Bank

Pacific Mercantile Bancorp (NASDAQ: PMBC) is the parent holding company of Pacific Mercantile Bank, which opened for business March 1, 1999. The Bank, which is an FDIC insured, California state-chartered bank and a member of the Federal Reserve System, provides a wide range of commercial banking services to businesses, business professionals and individual clients. The Bank is headquartered in Orange County and has seven locations in Southern California, located in Orange, Los Angeles, San Diego, and San Bernardino counties. The Bank offers tailored flexible solutions for its clients including an array of loan and deposit products, sophisticated treasury management services, and comprehensive online banking services accessible at www.pmbank.com.