Capital Ratios. As of December 31, 2010, the Bank’s Tier 1 risk-based capital ratio was not less than 9.6%, its total risk-based capital ratio was not less than 10.9% and its Tier 1 leverage ratio was not less than 7.4%.
Appears in 3 contracts
Sources: Additional Series B Stock Purchase Agreement (Pacific Mercantile Bancorp), Common Stock Purchase Agreement (Pacific Mercantile Bancorp), Stock Purchase Agreement (Pacific Mercantile Bancorp)
Capital Ratios. As of December 31, 20102011, the Bank’s Tier 1 risk-based capital ratio was not less than 9.611.8%, its total risk-based capital ratio was not less than 10.913.1% and its Tier 1 leverage ratio was not less than 7.49.5%.
Appears in 1 contract
Sources: Common Stock Purchase Agreement (Pacific Mercantile Bancorp)