Pacific Mercantile Bancorp reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported total interest income of $12,132,000 compared to $9,835,000 a year ago. Net interest income was $10,396,000 compared to $8,480,000 a year ago. Income before income taxes was $2,565,000 compared to loss of $8,269,000 a year ago. Net income was $2,501,000 or $0.11 per basic and diluted common share compared to loss of $4,710,000 or $0.21 per basic and diluted common share a year ago. Return on average assets was 0.86% compared to negative return on average assets of 1.71% a year ago. Return on average equity was 9.60% compared to negative return on average equity of 13.96% a year ago. An increase in interest income primarily attributable to an increase in interest earned on loans as a result of a higher average balance and an increase in the average yield on loans for the three months ended June 30, 2017 as compared to the three months ended June 30, 2016. For six months, the company reported total interest income of $23,736,000 compared to $19,790,000 a year ago. Net interest income was $20,467,000 compared to $17,183,000 a year ago. Income before income taxes was $4,394,000 compared to loss of $7,787,000 a year ago. Net income was $4,281,000 or $0.19 per basic and diluted common share compared to loss of $4,426,000 or $0.19 per basic and diluted common share a year ago. Return on average assets was 0.75% compared to negative of 0.82% a year ago. Return on average equity was 8.32% compared to 6.57% a year ago. Tangible book value per share as at June 30, 2017 was $4.57 and tangible book value per share, as adjusted was $4.62.