Federal Reserve Board announces termination of enforcement action with Pacific Mercantile Bancorp

The following press release was published by the Board of Governors of the Federal Reserve System on Nov. 25, 2014. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: Pacific Mercantile Bancorp, Costa Mesa, California; Pacific Mercantile Bank, Costa Mesa, California Written Agreement issued Aug. 31, 2010 Terminated Nov. 20, 2014 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System