On February 19, 2009, Pacific Mercantile Bancorp issued a press release announcing that it had received preliminary approval from the U.S. Treasury Department to participate in and receive a capital investment of up to $25.5 million from the U.S. Treasury in its Capital Purchase Program under the Troubled Asset Relief Program (TARP). Under the Program, healthy domestic banking and other financial institutions meeting required capital adequacy standards, such as the Company, have the opportunity to sell preferred stock to the U.S. Treasury, together with stock purchase warrants that would entitle the Treasury to purchase additional shares of preferred stock, in exchange for the infusion of additional capital in the institution. Attached as Exhibit 99.1 to this Report is a copy of that press release, which qualifies in its entirety the foregoing summary of that press release.

In accordance with General Instruction B.2 of Form 8-K, the information in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.

(d) Exhibits. The following exhibit is being furnished pursuant to Item 7.01 above.

Exhibit No.       Description

   99.1           Press Release issued February 19, 2009, announcing receipt of
                  preliminary approval for the Company to receive a capital
                  investment of up to $25.5 million in the U.S. Treasury's Capital
                  Purchase Program under TARP.