Pacific Mercantile Bank
The Newport Beach bank posted a first-quarter net loss of $242,300, or 7 cents a share. That compared with a net loss of $368,100, or 51 cents a share, for the same period last year, which included only one month of operations.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
