Mental Health Systems Selects Pacific Mercantile Bank for Financing and Cash Management Solutions


COSTA MESA...June 18, 2018 -- Pacific Mercantile Bank ("the Bank"), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has been selected as the new banking partner for Mental Health Systems, Inc. ("MHS"), a non-profit organization based in San Diego.  The banking relationship with MHS consists of a $5 million revolving line of credit and a full suite of deposit and treasury management products and services.

Mental Health Systems is a non-profit organization founded in 1978 to provide innovative and cost-effective mental health and drug and alcohol recovery services.  MHS was established to improve people's lives and instill hope by using new and creative treatment strategies that respect time-proven methods of intervention.  Currently, MHS operates more than 85 community-based programs throughout California for people who either cannot afford privately paid services or for whom appropriate services are not otherwise available.

"As a non-profit organization that receives funding from government entities and provides resources to community assistance programs throughout California, MHS has a unique cash flow cycle that requires a flexible and responsive banking partner," said James C. Callaghan, Jr., President and CEO of Mental Health Systems.  "The bankers at Pacific Mercantile worked very hard to understand our atypical organizational structure, address challenges specific to our business model, and customize a contemporary and innovative suite of banking products and services that will serve our evolving financial needs.  We were recently awarded several expanded programs, and the financing and cash management tools provided by Pacific Mercantile will be instrumental in helping us effectively manage our growth and continue our mission to provide state-of-the-art mental health, alcohol and drug treatment services."

"We are very proud to be supporting an organization like MHS with such a long history of community service," said Frank Abraham, Executive Vice President and Head of Relationship Banking for Pacific Mercantile Bank.  "We appreciate the opportunity to help MHS expand its reach and increase the number of people whose lives are positively impacted by the important work they do."

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 cash management services, and comprehensive online banking services accessible at

About Horizon Analytics®

Horizon Analytics is Pacific Mercantile Bank's proprietary financial tool that provides a level of insight and analysis uncommon for small- to medium-sized private businesses. Using a proprietary private company database and financial analysis techniques typically available only to large public companies, Horizon Analytics helps businesses understand how their financial performance compares to their competitors and develop a detailed multi-year financial forecast to assist with capital planning and business investment.  Through the insight provided by Horizon Analytics, Pacific Mercantile Bank helps its clients navigate challenges, capitalize on opportunities, and look into the future, far beyond a company's day-to-day activities.  Learn more about Horizon Analytics and Pacific Mercantile Bank's commitment to helping companies succeed at

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