The Orange County Register Names Pacific Mercantile Bank a Winner of the Orange County Top Workplaces 2019 Award
December 20 2019 - 8:00AM
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.
About Energage, LLC
Headquartered in Exton, Pa., Energage is a leading provider of
technology-based employee engagement tools that help leaders to
unlock potential, inspire performance, and achieve amazing results
within their organizations. The research partner behind the Top
Workplaces program, Energage has surveyed more than 58,000
organizations representing well over 20 million employees in the
United States.
Forward-Looking Information
This news release contains statements regarding our
expectations, beliefs and views about our plans to continue to
build our loan portfolio and supporting systems and processes.
These statements, which constitute "forward-looking statements"
within the meaning of the safe harbor provisions of the United
States Private Securities Litigation Reform Act of 1995, can be
identified by the fact that they do not relate strictly to
historical or current facts. Often, they include words such as
"believe," "expect," "anticipate," "intend," "plan," "estimate,"
"project," or words of similar meaning, or future or conditional
verbs such as "will," "would," "should," "could," or "may." These
forward-looking statements are subject to numerous risks and
uncertainties. Actual results may differ materially from the
results discussed in these forward-looking statements because such
statements are inherently subject to significant assumptions, risks
and uncertainties, many of which are difficult to predict and are
generally beyond our control. These risks and uncertainties
include, but are not limited to, the following: the impact of
interest rates and other external economic factors and competition
among financial services providers. We undertake no obligation (and
expressly disclaim any such obligation) to publicly update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise. For additional information
concerning factors that could cause actual conditions, events or
results to materially differ from those described in the
forward-looking statements, please refer to the factors set forth
under the headings "Risk Factors" in our most recent Form 10-K and
10-Q reports and to our most recent Form 8-K reports, which are
available online at www.sec.gov. No assurances can be given
that any of the events anticipated by the forward-looking
statements will transpire or occur, or if any of them do so, what
impact they will have on our results of operations or financial
condition.
Pacific Mercantile Bank Contact:
Frank AbrahamEVP, Head of Relationship Banking714-277-1495
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