COSTA MESA, Calif., Aug. 15, 2013 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (Nasdaq:PMBC). Pacific Mercantile Bancorp today announced Robert Anderson has joined Pacific Mercantile Bank (the "Bank"), the Company's wholly owned subsidiary, as Executive Vice President, Head of Asset Based Lending. Mr. Anderson will be leading the Bank's effort to grow its asset based loan (ABL) portfolio across Southern California. He will be specifically focusing on working capital lines of credit and term loans to finance our clients' growth. "We are privileged to have Mr. Anderson join the executive management team of the Bank and look forward to his building our ABL department, a niche we have looked forward to growing at PMB, and to continue to enhance our commercial banking services," stated Steven K. Buster, President and CEO.
Robert Anderson Joins Pacific Mercantile Bank As Executive Vice President And Head Of Asset Based Lending
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